Field Guide to Dealing With Stigmatized Properties
(Updated December 2015)
Do you dare disclose if there is murder or mayhem at your listing? What if the owner was a controversial person? What are the professional and logistical challenges if there is a well-publicized ghost on your next property? Don't despair, help is here! This page offers some creative marketing tools and advice for selling properties with an unsavory past. (A. Siudzinski, Senior Library Information Specialist)
E - EBSCO articles available for NAR members only. Password can be found on the EBSCO Access Information page
Video: Valuing Stigmatized Properties
Source: Valuing Stigmatized Properties, (Appraisal Institute, Sept. 28, 2015).
Video: Selling a Haunted House
Source: Selling a Haunted House, (Wall Street Journal, Oct. 29, 2012).
Stigmatized Property Basics
Savopoulos mansion sells for $3 million, (The Washington Post, Nov. 6, 2015).
Murder, suicide homes can be tough sell, (Standard Examiner, Sept. 28, 2015).
Is ‘The Watcher” house now as toxic as O.J. Simpson, Amityville Horror homes?, (NJ.com, July 2, 2015).
First time buyers—What is a stigma?, (Realty Times, Jan. 17, 2015).
Stigmatized ‘murder houses’ come with grisly stories and bargain prices, (AL.com, Jan. 11, 2015).
In Newtown, a question of what to do with Adam Lanza’s home, (The New York Times, Dec. 12, 2014).
Buy a haunted house without getting spooked, (realtor.com®, Oct. 31, 2014).
How to sell a haunted house, (The Tennessean, October 18, 2014).
Selling a haunted house is a ghastly affair without full disclosure, (Active Rain, Aug. 11, 2014).
Stigmatized properties: do buyers have a right to know, (Realty Times, Aug. 1, 2014).
LinkedIn discussion on haunted houses, (LinkedIn, 2014) — Only active NAR members can join the NAR LinkedIn Group and that one must have a LinkedIn account to join the group.
PA Supreme Court holds that a murder/suicide in a home is a purely psychological stigma and not a material defect requiring disclosure by a seller, (Lehigh Valley Legal Blog, July 30, 2014).
For sale: a ‘slightly’ haunted house, (Forbes, Dec. 20, 2013).
Survey: most people open to buying a haunted house, (realtor.com®, Oct. 18, 2013).
Full disclosure: what you need to tell buyers about your home, (realtor.com®, n.d.).
Stigma and Property Value
The murder factor: what homicide does for home values, (Money Talks News, Dec. 9, 2015).
How murder can drop an entire neighborhood’s home values, (Yahoo! Real Estate, Dec. 4, 2015).
Social stigma and asset value, (University of Colorado Boulder, Nov. 6, 2015).
Does a gruesome murder lessen a home’s resale value?, (Washingtonian, June 25, 2015).
Utah realtors give ‘murder homes’ another life, (The Salt Lake Tribune, Apr. 19, 2014).
Homes near cemeteries sell for 13% more than ones near the living, (Quartz, Oct. 21, 2013).
Appraiser is go-to guy for stigmatized properties, (The Seattle Times, Oct. 11, 2013).
Books, eBooks & Other Resources
The following eBooks and digital audiobooks are available to NAR members:
Home Buyers' Checklist (Adobe eReader)
Homeowners' Legal Bible (Kindle, Adobe eReader)
Books, Videos, Research Reports & More
The resources below are available for loan through Information Services. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Information Services at 800-874-6500 for assistance.
Death and disclosure: legal strategies for dealing with stigmatized properties, (October Research Corporation, 2007). HD 1341 R22d
An examination of stigmatized housing in Ohio, (Columbus, OH: Ohio State University, 2000). HD 1341 L32
Field Guides & More
These field guides and other resources in the Virtual Library may also be of interest:
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