Buyers may be drawn to homes with pets.
According to a new study from Quicken Loans, signs of pets in homes for sale may not frighten potential buyers and may even appeal to some.
According to the report, 79% of buyers making an offer on a home believe finding traces of a pet in the home won't deter them as long as the creature hasn't caused any damage.
According to the poll, nearly two out of ten respondents stated that finding traces of pets would make them want to make an offer even more if there was no damage to the property.
This is wonderful news for pet owners, as it contradicts a long-held belief in real estate that showing traces of a pet could damage a sale. Pet ownership is on the rise, with over 70% of American families owning pets as of this year. This is an increase from 56 percent in 1988.
While pet ownership is on the rise, there is still one potential stumbling block in a real estate transaction: the neighbor's pet. According to the report, there's a 50-50 probability that a barking dog next door will make buyers regret putting an offer on a house. Cat owners are more likely to regret putting an offer on a home where a neighbor's dog barks than dog owners.
Even if the neighbor's dog causes some sorrow, potential property buyers stated it would not deter them from making an offer. Only approximately one out of every ten poll respondents claimed that a barking dog from a neighbor would make them wish they had made an offer on a different house.
According to a 2020 survey by the National Association of REALTORS® on pets' involvement in the buying and selling process, Americans are also likely to move to better suit their pet and are on the lookout for new pet-friendly house features. Hardwood floors and a fenced backyard are the most common demands from your pet-conscious clients when it comes to the house they want.