What Happens If You Spend Carpet Allowance On Someting Else

Get the new carpet it will net the seller s more money than a carpet allowance will.

What happens if you spend carpet allowance on someting else.

All the best michelle. A buyer may offer less for the home than it is listed for and also want seller concessions. Go to a carpet store not low s etc. As several others have said a carpet allowance is lost.

Buyer s typically ask for much more than 1 99 per sqft for their carpet allowance. Why not carpet allowance. Within a week there were three offers and the home sold to a couple who had been through the first week the home was on the market. Many home buyer s ask for anywhere from 3 50 5 per sqft on average that is over double the price of what it.

75 showings later the sellers replaced the carpet with light builder s beige. An allowance for the carpet does not give them a good first impression of the home. My aunt uncle own a carpet store and they said for me to expect to spend about 60sf 5 40sy on carpet labor 2 00 4 00sf 18 00 36 00sy on carpet good to uppper grades not basic and not highest end either plus you will also have the cost of the pad and the sales tax. Buyer s get deduct happy for work that needs to be done in many cases.

Additionally old worn out carpet does not allow the home to show in its best light which will result in lower offers. Worn out carpet when they enter the home makes everything else about the house look bad. Don t buy too cheap of a carpet. Tell them what you want in a good carpet and am willing to take one you give me a good deal on.

Carpet allowance was offered with large sample books lent by a favorite local flooring dealer. Either reduce the price or preferably replace the carpet with inexpensive neutral carpet prior to listing the property.