NYC agent lets prospective buyers 'test drive' homes

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Limor Nesher, an agent with New York City-based boutique brokerage CORE, has come up with a unique idea that’s landed her on “Good Morning America,” Yahoo Finance, and Bankrate.com: She’s arranging for prospective buyers to “test drive” listings for up to 12 hours to get a feel for a home’s quirks and charms.

While making a 12-hour investment of time seems like a prudent thing to do before pulling the trigger on a big-ticket item like a home, buyers and sellers alike have concerns about the security of belongings and potential liability for damages.

Nesher says sellers can require written agreements, ask for security deposits and install hidden cameras for protection. Credit checks and preapproval letters also show buyers are serious.

There’s already a website, PreviewStay.com, that’s offering home sellers the opportunity to charge a nightly fee to buyers who want to stay overnight. Source: corenyc.com