By Janet Walgren
Yesterday I went home shopping with a real estate agent and real estate investor/trainer. We viewed four homes out of the original list of the ten that we started with. Three of the four were not functional and looked way too lived in (by pigs). As we were driving back to my car, the agent said, “Janet, you know what’s wrong?”
I asked, “What?”
He said, “You’re looking for a home instead of making offers on houses.”
I think he’s on to something. Architects design houses, contractors build houses, banks fund houses, investors rent or flip houses and real estate agents sell houses.
I wonder if the market might look a whole lot more appealing if someone was actually designing, building, funding, renting, flipping and selling (or living in) HOMES? I ask you:
- Does anyone ever think about the people who are going to live in the space they’re creating?
- Does anyone think about what a person, or family, does in a room when they design it?
The kitchens had room for a coffee pot on the counter and enough cupboard space for coffee and mugs. What more can I say when there isn’t anything more to talk about? “I don’t even drink coffee!”
Doesn’t anyone cook anymore? If they do cook, where do they cook – the outdoor barbecue? Wait, there wasn’t one! I guess that ‘s OK because there wasn’t really room for one. Where are people supposed to put their dishes, pots and pans and food? Where do they eat?
The bedrooms, what can I say? Crib space… that would have been a real “WOW!” for me forty years ago, but wait!!! I had six babies and they got BIG!
Two of the houses smelled like barns. Perhaps houses ought to come with enough “room for a pony” and out buildings with pet bathrooms.
One house was an art gallery of sorts. It had graffiti on the walls (0r what was left of them). The water pipes burst when they had frozen and then flooded when they thawed. The tile, walls and ceilings all over the house had been smashed to get to the offending copper pipes. This was a bank owned property that needed gutted back to the frame. Do you think the bank would loan money to a buyer or pay someone – anyone to fix it?
I asked my agent about it and he said someone would need hard money (cash loaned by a private investor at about 10-12% interest) for the purchase. The bank won’t even loan money to sell their own house. No wonder the market is slow.
It kind of makes me want to drive a stake in some raw land and start from scratch.