A good house with a good structure should be renovated in order to maintain the house beauty and attention and also led to increament in the house rent and the house will last longer.
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We have different types of real estate agents and house owner, some will renovate the house to suit the standard of a modern house and increase the price while some will just keep collecting rent monies without proper renovation which can damage the house on the long run.As a real estate agent who has invested in houses for rentage. To increase your yearly tenant rate, how often do you think so real estate agent needs to be renovating the house?
I asked because I always see some delapitated house around my area and I do wonder how the owners are comfortable seeing their houses like that
one of the role and function of a realtor is definitely not the renovation of house,except that falls under what he is assign to dothen that can be carried out,but then,as soon as the building starts to have some minor issue,its a sign to do a repair.Sometimes the houses you see may not really belong to a realtor.
It may be a personal house or something else.
As a realtor, you must be ready to renovate your building when it is due because that is where your money comes from
One of the things that will altimately make a structure to stay longer and be more durable for a longer period,is if there is a routine maintanance of the facility and structure from time to time.If minor renovation then it will be on yearly basis. Peoples always manage accordingly time and expense. Sellers are mostly renovate house for making amount great. So Realtor are mostly not invest on sale purchase houses.