Where’s the Floorplan?
April 22, 2009 | By Kelley Koehler | Filed Under Home Selling
Question from the audience: why do listings for existing homes show tons of details, maps, pictures, virtual tours, fact sheets about every possible detail – but not floorplans?
My Answer:
I do floorplans occasionally – they’d be linked along with the rest of the virtual media. I know in some other parts of the country, it is customary to have room measurements along with the listing – in Tucson, we don’t do that, we don’t have fields in our MLS for room descriptions or measurements.
But beyond that – I have floorplans drawn when I suspect the assessor square footage is incorrect, usually in older homes. When I represent a Seller, I want the house to be as big as possible. If having a floorplan drawn finds 1100 square feet instead of the assessor-listed 900 square feet, then we can price that house much differently.
In the luxury Tucson market, floorplans tend to be a typical item used in marketing. I suppose the logic is that when you sell a high-end home, there’s a larger marketing budget – but floorplans are in the $0.10 – $0.15/square foot range, so we’re not talking thousands of dollars anyway.
Personally, when I represent home sellers, I know that more often than not, people buy on emotion. Someone who swears they’ll never buy a home without a split bedroom plan will drop that requirement if they walk into a house with the right "feel," the right view, the right light, the right everything else. So I want people inside the house – sensing, feeling, reacting – not discarding that listing sight-unseen because the floorplan doesn’t look exactly right.
It’s the same reason I’m not a huge fan of virtual tours. Though if I ever find home video that does an awesome job of getting people to be curious about the house, I’ll adopt that strategy immediately.
I get 25 photos, and I’ll use up as many of those slots as possible to show the house from a multitude of angles and rooms. But the point of marketing a home for sale is to entice people to come look at the thing, in person. Floorplans are one of those things that I think can turn people away before they look. I’ve seen too many buyers forgive a floorplan when everything else is right.
And I know that may not be an incredibly popular answer, in this age of information-freedom where we want all our answers up front. But it’s honest. When I represent a seller, my job is to get real live people into that house. And despite what we often tell ourselves, emotional reactions are a HUGE influence on our buying decisions.
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solid read. i hadnt thought about this angle before. but i’m not a realtor or a homeowner, so i guess that doesn’t say much. having said that, i’ll keep this in mind when it comes time for me to shop. i tend to look at floorplans and now i’ll take ‘em with a grain of salt.
@paulbrand
Great answer.
I guess floorplans are something you should provide on request to somebody who’s already been bitten by the “What a Cool Place” bug after a first walkthrough, but not something to provide before they’ve looked (because then they might not look).
And the first house I bought, and still my favorite, was the one a realtor dragged me to even though it violated every single preference I’d stated during our initial interview. She knew what I wanted better than I did.
I enjoyed your blogged.I agree floor plans will not entice your buyer as much as the emotion of “this is it”.