San Francisco real estate agents reveal the 1 non-negotiable every tech millionaire has for buying a house

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A Silicon Valley home with a modern, updated kitchen.

• Real estate in San Francisco is notoriously expensive, and buyers look for privacy and trendy neighborhoods.
• Tech millionaires are especially interested in turnkey homes that don't require any work because they don't have time to renovate, real estate agents told Business Insider.
• Updated kitchens and bathrooms are the most important features of a move-in-ready home, according to realtors.
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Tech millionaires looking to buy homes in San Francisco have many preferences: privacy, outdoor space, open floor plans, and other enviable features, but one feature is usually non-negotiable.

According to three Bay Area real estate agents Business Insider has talked to, move-in-ready homes are a must for tech executives.

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These buyers need homes that have all major work done before they move in, the agents said. These individuals are often busy, working long hours, so they don't have the time and energy to put into a fixer-upper. They want updated kitchens and bathrooms with new appliances that won't require work once they move in.

Many of these buyers are drawn to historic homes with Victorian or Edwardian facades, but they want them already updated with modern interiors.