Thursday May 9, 2019 | by Katie Warren, Business Insider


Homes that are next to places like a fraternity house or an airport could be particularly tricky to sell or rent, added Elana Delafraz of REAL New York, who rents homes in the city for $3,200 to $5,000 a month.

"The biggest obstacle is location," Gerard Marino, who does sales in the $300,000 to $500,000 range in southwest Florida, told Business Insider. "A bad location can only be corrected with a low price."

An outdated or badly decorated home can be basically impossible to sell, several real-estate agents told Business Insider.

A home that's particularly "dated" can be unsellable, said Eric Mendelsohn, who sells homes for an average of $1 million in New York City.

Eric Goldie of Compass, who handles sales in New York City for $1 million to $5 million on average, cited "terrible decor and old kitchen and bathrooms" as potential deal-breakers.

Scot Dalbery from REAL New York, who deals with rental properties in New York City that are $4,000 a month on average, said that although any home can sell for the right price, details like unattractive kitchen countertops can cause it to sell for much less than its market average.

"Fine-tuning the small details in a home, even if having to invest in some updates, can really make a home's value increase," he said.