You are here: Home / Archives for Buyer

Here’s the Latest Article found for you by Brian Carroll

June 2, 2013 By

6 Reasons to Reduce Your Home Price

By: G. M. Filisko Published: March 19, 2010

While you’d like to get the best price for your home, consider our six reasons to reduce your home price.

These six signs may be telling you it’s time to lower your price.

1. You’re drawing few lookers

You get the most interest in your home right after you put it on the market because buyers want to catch a great new home before anybody else takes it. If your real estate agent reports there have been fewer buyers calling about and asking to tour your home than there have been for other homes in your area, that may be a sign buyers think it’s overpriced and are waiting for the price to fall before viewing it.

2. You’re drawing lots of lookers but have no offers

If you’ve had 30 sets of potential buyers come through your home and not a single one has made an offer, something is off. What are other agents telling your agent about your home? An overly high price may be discouraging buyers from making an offer.

3. Your home’s been on the market longer than similar homes

Ask your real estate agent about the average number of days it takes to sell a home in your market. If the answer is 30 and you’re pushing 45, your price may be affecting buyer interest. When a home sits on the market, buyers can begin to wonder if there’s something wrong with it, which can delay a sale even further. At least consider lowering your asking price.

4. You have a deadline

If you’ve got to sell soon because of a job transfer or you’ve already purchased another home, it may be necessary to generate buyer interest by dropping your price so your home is a little lower priced than comparable homes in your area. Remember: It’s not how much money you need that determines the sale price of your home, it’s how much money a buyer is willing to spend.

5. You can’t make upgrades

Maybe you’re plum out of cash and don’t have the funds to put fresh paint on the walls, clean the carpets, and add curb appeal. But the feedback your agent is reporting from buyers is that your home isn’t as well-appointed as similarly priced homes. When your home has been on the market longer than comparable homes in better condition, it’s time to accept that buyers expect to pay less for a home that doesn’t show as well as others.

6. The competition has changed

If weeks go by with no offers, continue to check out the competition. What have comparable homes sold for and what’s still on the market? What new listings have been added since you listed your home for sale? If comparable home sales or new listings show your price is too steep, consider a price reduction.

More from HouseLogic

How to ready your home for sale at little cost

How to review offers on your home

Other web resources

More on setting the right price

G.M. Filisko is an attorney and award-winning writer who made strategic price reductions that led to the sale of a Wisconsin property. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Agent Photo
cotact us

Office: 419-891-0888
Cell: 419-266-8706
Fax: 419 891-1092
VM: Use cell
briancarroll@wellesbowen.com

Enhanced by Zemanta
Filed Under: BLOG, Featured Agents Tagged With: , , , , ,

Laura McIntyre Presents Open House Timeline: Countdown to a Successful Sale

January 13, 2013 By

Article From BuyAndSell.HouseLogic.com By: Dona DeZube Published: May 06, 2011

An inviting open house can put your home on buyers’ short lists.

Get ready for your open house-stress-free-by starting early and breaking down your to-do list into manageable chunks. Use this timeline of 35 tips and your house will stand out from the competition on open house day.

Four weeks before the open house

•Ask your parents to babysit the kids the weekend of the open house. Then book a reservation for your pet with the dog sitter or at the kennel. Having everyone out of the house on the day of will help you keep your home tidy and smelling fresh (http://www.houselogic.com/articles/pet-odor-can-chase-away-buyers/). Plus, no dogs and no kids equal more time for last-minute prep.

•Line up a contractor to take care of maintence issues your REALTOR® has asked you to fix, like leaking faucets (http://www.houselogic.com/articles/plumbing-leaks-8-smart-tips-stop-them/), sagging gutters (http://www.houselogic.com/articles/repair-sagging-and-leaking-rain-gutters-save-money/), or dings in the walls (http://www.houselogic.com/articles/repair-walls-give-rooms-fresh-face/).

•De-clutter every room (even if you already de-cluttered once before). Don’t hide your stuff in the closet-buyers will open doors to size up closet space. Store your off-season clothes, sports equipment, and toys somewhere else.

•Book carpet cleaners for a few days before the open house and a house cleaning service for the day before. Otherwise, make sure to leave time to do these things yourself a couple of days before.

Three weeks before the open house

•Buy fluffy white towels to create a spa-like feel in the bathrooms.

•Buy a front door mat to give a good first impression.

•Designate a shoebox for each bathroom to stow away personal items the day of the open house.

Two weeks before the open house

•Clean the light fixtures, ceiling fans, light switches, and around door knobs. A spic-and-span house (http://www.houselogic.com/articles/cleaning-house-secrets-truly-deep-clean/) makes buyers feel like they can move right in.

•Power-wash the house (http://www.houselogic.com/articles/clean-and-care-siding/), deck (http://www.houselogic.com/articles/care-and-maintenance-your-deck/), sidewalk, and driveway.

One week before the open house

•Make sure potential buyers can get up close and personal with your furnace, air-conditioning unit (http://www.houselogic.com/articles/appliance-maintenance-heating-venting-and-air-conditioning-hvac/), and appliances (http://www.houselogic.com/categories/maintain/structures-systems/appliances-electronics/). They’ll want to read any maintenance and manufacturer’s stickers to see how old everything is.

•Clean the inside of appliances and de-clutter kitchen cabinets and drawers and the pantry. Buyers will open cabinet doors and drawers. If yours are stuffed to the gills, buyers will think your kitchen lacks enough storage space.

•Put out the new door mat to break it in. It’ll look nice, but not too obviously new for the open house.

Week of the open house

•Buy ready-made cookie dough and disposable aluminum cookie sheets so you don’t have to take time for clean up after baking (you can recycle the pans after use). Nothing says “home” like the smell of freshly baked cookies.

•Buy a bag of apples or lemons to display in a pretty bowl.

•Let your REALTOR® know if you’re running low on sales brochures explaining the features of your house.

•Clean the windows (http://www.houselogic.com/articles/green-window-cleaning-makes-glass-pane-fully-clear/) to let in the most light possible.

•Mow the lawn two days before the open house. Mowing the morning of the open house can peeve house hunters with allergies.

Day before the open house

•Make sure your REALTOR® puts up plenty of open-house signs pointing in the right direction and located where drivers will see them. If she can’t get to it on the Friday before a Sunday open house, offer to do it yourself.

•Put away yard clutter like hoses, toys, or pet water bowls.

•Lay fresh logs in the fireplace.

Day of the open house

•Put checkbooks, kids’ piggybanks, jewelry, prescription drugs, bank statements, and other valuables in the trunk of your car, at a neighbor’s house, or in your safe. It’s rare, but thefts do happen at open houses.

•Set the dining room table for a special-occasion dinner. In the backyard, uncover the barbeque and set the patio table for a picnic to show buyers how elegantly and simply they can entertain once they move in.

•Check any play equipment for spider webs or insect invasions. A kid screaming about spiders won’t endear buyers to your home.

•Clean the fingerprints off the storm door. First impressions count.

•Put up Post-It notes around the house to highlight great features like tilt-in windows or a recently updated appliance.

•Remove shampoo, soap, toothbrushes, and other personal items from the bathtub, shower, and sinks in all the bathrooms. Store them in a shoebox under the sink. Removing personal items makes it easier for buyers to see themselves living in your house.

•Stow away all kitchen countertop appliances.

One hour before the open house

•Bake the ready-to-bake cookies you bought earlier this week. Put them on a nice platter for your open house guests to eat with a note that says: “Help yourself!”

•Hang the new towels in the bathrooms.

•Put your bowl of apples or lemons on the kitchen table or bar counter.

•Pick up and put away any throw rugs, like the bath mats. They’re a trip hazard.

15 minutes before the open house

•Open all the curtains and blinds and turn on the lights in the house. Buyers like bright homes.

•Light fireplace logs (if it’s winter).

•Didn’t get those cookies baked? Brew a pot of coffee to make the house smell inviting.

During the open house

Get out of the house and let your REALTOR® sell it! Potential buyers will be uncomfortable discussing your home if you’re loitering during the open house. Take advantage of your child- and pet-free hours by treating yourself to something you enjoy-a few extra hours at the gym, a trip to the bookstore, or a manicure.

More from HouseLogic

7 Tips for Staging Your Home (http://www.houselogic.com/articles/7-tips-staging-your-home/)

Seasonal Maintenance (http://www.houselogic.com/categories/maintain/outdoors/seasonal-maintenance/)

10 Steps to a Perfect Exterior Paint Job (http://www.houselogic.com/articles/10-steps-perfect-exterior-paint-job/)

 

Agent Photo
cotact us

Office: 419-891-0888
Cell: 419-265-7000
Fax: 419 891-1092
VM: 419-897-2700 ext. 268
lauramcintyre@wellesbowen.com

Dona DeZube has been writing about real estate for over two decades. She lives a suburban Baltimore 1970s rancher on a 3-acre lot shared with possums, raccoons, foxes, a herd of deer, and her blue-tick hound.

Enhanced by Zemanta
Filed Under: BLOG, Featured Agents Tagged With: , , , , , , , , ,

Trudy Wachtmann Presents 6 Things Everyone Should Do When Moving Into a New House

October 28, 2012 By

By: Courtney Craig Published: October 1, 2012

Moving into your first home is exciting! But it also means you’ve got work to do.

When I bought my first house in May, my timing couldn’t have been better: The house closing was two weeks before the lease was up on my apartment. That meant I could take my time packing and moving, and I could get to know the new place before moving in.

I recruited family and friends to help me move (in exchange for a beer-and-pizza picnic on the floor) and, as a bonus, I got to pick their brains about what first-time home owners should know.

Their help was one of the best housewarming presents I could have gotten. And thanks to their expertise and a little Googling, here’s what I learned about what to do before moving in.

1. Change the locks. You really don’t know who else has keys to your home, so change the locks. That ensures you’re the only person who has access. Install new deadbolts yourself for as little as $10 per lock, or call a locksmith — if you supply the new locks, they typically charge about $20-$30 per lock for labor.

2. Check for plumbing leaks. Your home inspector should do this for you before closing, but it never hurts to double-check. I didn’t have any leaks to fix, but when checking my kitchen sink, I did discover the sink sprayer was broken. I replaced it for under $20.

Keep an eye out for dripping faucets and running toilets, and check your water heater for signs of a leak.

Here’s a neat trick: Check your water meter at the beginning and end of a 2-hour window in which no water is being used in your house. If the reading is different, you have a leak.

3. Steam clean carpets. Do this before you move your furniture in, and your new home life will be off to a fresh, clean start. You can pay a professional carpet cleaning service — you’ll pay about $50 per room; most services require a minimum of about $100 before they’ll come out — or you can rent a steam cleaner for about $30 per day and do the work yourself. I was able to save some money by borrowing a steam cleaner from a friend.

4. Wipe out your cabinets. Another no-brainer before you move in your dishes and bathroom supplies. Make sure to wipe inside and out, preferably with a non-toxic cleaner, and replace contact paper if necessary.

When I cleaned my kitchen cabinets, I found an unpleasant surprise: Mouse poop. Which leads me to my next tip …

5. Give critters the heave-ho. That includes mice, rats, bats, termites, roaches, and any other uninvited guests. There are any number of DIY ways to get rid of pests, but if you need to bring out the big guns, an initial visit from a pest removal service will run you $100-$300, followed by monthly or quarterly visits at about $50 each time.

For my mousy enemies, I strategically placed poison packets around the kitchen, and I haven’t found any carcasses or any more poop, so the droppings I found must have been old. I might owe a debt of gratitude to the snake that lives under my back deck, but I prefer not to think about him.

6. Introduce yourself to your circuit breaker box and main water valve. My first experience with electrical wiring was replacing a broken light fixture in a bathroom. After locating the breaker box, which is in my garage, I turned off the power to that bathroom so I wouldn’t electrocute myself.

It’s a good idea to figure out which fuses control what parts of your house and label them accordingly. This will take two people: One to stand in the room where the power is supposed to go off, the other to trip the fuses and yell, “Did that work? How about now?”

You’ll want to know how to turn off your main water valve if you have a plumbing emergency, if a hurricane or tornado is headed your way, or if you’re going out of town. Just locate the valve — it could be inside or outside your house — and turn the knob until it’s off. Test it by turning on any faucet in the house; no water should come out.

What were the first maintenance projects you did when you moved into your first home?

Trudy Wachtmann

Office: 419-592-7653
Cell: 419-966-4920
Fax: 419 592-7021
trudywachtmann@wellesbowen.com

Visit Trudy’s website by clicking HERE

Filed Under: BLOG, Featured Agents Tagged With: , , , , , ,

Barb Powell Presents – First Home Purchasing Tips

October 14, 2012 By
My home

First Home Purchasing Tips/By Sam J Loeb

Purchasing a first home is to most a quite stressful and intimidating event, while also being one of the most significant decisions you are likely to make in your life. With all that is involved, from searching properties, mortgage application to negotiating a price, it is essential to take whole process of purchasing a property in a controlled and orderly manner. Here are some of the steps to following when purchasing any property -

Take along a Family Member or Relative – Buying a property is quite a confusing and drawn out process, even if you have already attempted to educate yourself as much as possible. If an appointment has been made to view a property, it often pays to have with you a trusted relative or friend who you can rely on to give you an objective opinion throughout the viewing process. It might also benefit if you can call on someone who has recently been through the process of purchasing a property or dealing with estate agents. At times our own opinion might be clouded by emotions, so it always helps to have a second, more rational opinion to guide you along. Also, someone else’s viewpoint might be able to highlight the negative points of a property, which you would’ve otherwise missed.

Use a Trusted Real Estate Agent – A well-qualified estate agent that you feel entirely comfortable with is an essential piece of purchasing a first property. It is always worthwhile visiting several different local agents to find someone you are happy to work with. Some of the main qualities to expect with an agent are honesty, experience, and a keen knowledge of the local housing market. The right agent should be able to advice you through each stage of purchasing a property, which will ensure you find the perfect house for you and your family.

Don’t Rush a House Purchase – Most first-time home buyers often require several month of searching different types of properties before deciding on the right home to live in for the long-term. Purchasing something as significant as a new home isn’t something that should be rushed, which in a worst case situation might leave you with a home that isn’t quite right for your circumstance or where you don’t quite feel as comfortable as you should. It always helps to have several properties lined up to view, which can give you a broader view of what is on offer. It might help to look at a range of properties, such as town houses, flats, condos, bungalows, etc. to see the different floor plans and layouts available and see what looks most promising for your needs. After viewing a varied mix of properties, you will be in a better place to make an informed and wise decision.

See more information on trusted and reliable Real estate Melbourne specialists to ensure you get the best outcome in your property search.

Article Source: http://EzineArticles.com/?expert=Sam_J_Loeb

Agent Photo

Barb Powell, Realtor

Office: 419-782-8216
Cell: 419-769-2135
Fax: 419 782-0989
VM: 419-782-0978 ext. 136
barbpowell@wellesbowen.com

Enhanced by Zemanta
Filed Under: BLOG, Featured Agents Tagged With: , , , ,

Ginni Neuenschwander 6 Things Everyone Should Do When Moving Into a New House

October 7, 2012 By

Ginni NeueschwanderArticle From HouseLogic.com By: Courtney Craig Published: October 01, 2012

Moving into your first home is exciting! But it also means you’ve got work to do.

When I bought my first house in May, my timing couldn’t have been better: The house closing was two weeks before the lease was up on my apartment. That meant I could take my time packing and moving, and I could get to know the new place before moving in.

I recruited family and friends to help me move (in exchange for a beer-and-pizza picnic on the floor) and, as a bonus, I got to pick their brains about what first-time home owners should know.

Their help was one of the best housewarming presents I could have gotten. And thanks to their expertise and a little Googling, here’s what I learned about what to do before moving in.

1. Change the locks. You really don’t know who else has keys to your home, so change the locks. That ensures you’re the only person who has access. Install new deadbolts yourself for as little as $10 per lock, or call a locksmith – if you supply the new locks, they typically charge about $20-$30 per lock for labor.

2. Check for plumbing leaks (http://www.houselogic.com/home-advice/plumbing/plumbing-leaks-8-smart-tips-stop-them/). Your home inspector should do this for you before closing, but it never hurts to double-check. I didn’t have any leaks to fix, but when checking my kitchen sink, I did discover the sink sprayer was broken. I replaced it for under $20.

Keep an eye out for dripping faucets and running toilets, and check your water heater (http://www.houselogic.com/home-advice/water-heaters/water-heater-maintenance/) for signs of a leak (http://www.houselogic.com/blog/plumbing/fix-a-leak-week-2012/).

Here’s a neat trick: Check your water meter at the beginning and end of a 2-hour window in which no water is being used in your house. If the reading is different, you have a leak.

3. Steam clean carpets (http://www.houselogic.com/home-advice/home-improvement/carpet-or-hardwood/). Do this before you move your furniture in, and your new home life will be off to a fresh, clean start. You can pay a professional carpet cleaning service – you’ll pay about $50 per room; most services require a minimum of about $100 before they’ll come out – or you can rent a steam cleaner for about $30 per day and do the work yourself. I was able to save some money by borrowing a steam cleaner from a friend.

4. Wipe out your cabinets. Another no-brainer before you move in your dishes and bathroom supplies. Make sure to wipe inside and out, preferably with a non-toxic cleaner (http://www.houselogic.com/green-living/green-cleaning/), and replace contact paper if necessary.

When I cleaned my kitchen cabinets (http://www.houselogic.com/home-topics/cabinets/), I found an unpleasant surprise: Mouse poop. Which leads me to my next tip …

5. Give critters the heave-ho. That includes mice, rats (http://www.houselogic.com/home-advice/pest-control/Need-to-Get-Rid-of-Rats-Its-a-Community-Effort/), bats (http://www.houselogic.com/home-advice/pest-control/attic-pest-removal/), termites (http://www.houselogic.com/home-advice/pest-control/detect-termites-other-wood-destroying-insects/), roaches (http://www.houselogic.com/home-advice/pest-control/roach-home-removal-tips/), and any other uninvited guests. There are any number of DIY ways to get rid of pests, but if you need to bring out the big guns, an initial visit from a pest removal service will run you $100-$300, followed by monthly or quarterly visits at about $50 each time.

For my mousy enemies, I strategically placed poison packets around the kitchen, and I haven’t found any carcasses or any more poop, so the droppings I found must have been old. I might owe a debt of gratitude to the snake (http://www.houselogic.com/blog/pest-control/how-help-snake-slither-out-your-house/) that lives under my back deck, but I prefer not to think about him.

6. Introduce yourself to your circuit breaker box and main water valve. My first experience with electrical wiring (http://www.houselogic.com/home-advice/electrical/when-time-for-electrical-wiring-upgrade/) was replacing a broken light fixture in a bathroom. After locating the breaker box, which is in my garage, I turned off the power to that bathroom so I wouldn’t electrocute myself.

It’s a good idea to figure out which fuses control what parts of your house and label them accordingly. This will take two people: One to stand in the room where the power is supposed to go off, the other to trip the fuses and yell, “Did that work? How about now?”

You’ll want to know how to turn off your main water valve if you have a plumbing emergency, if a hurricane (http://www.houselogic.com/protect-your-home/hurricanes/) or tornado (http://www.houselogic.com/protect-your-home/tornadoes-severe-storms/) is headed your way, or if you’re going out of town. Just locate the valve – it could be inside or outside your house – and turn the knob until it’s off. Test it by turning on any faucet in the house; no water should come out.

What were the first maintenance projects you did when you moved into your first home?

Ginni Neueschwander, Realtor

www.ginnineuenschwander.wellesbowen.com

Office: 419-335-5170
Cell: 419-822-7045
Fax: 440-399-9346
ginni@wellesbowen.com

Enhanced by Zemanta
Filed Under: BLOG, Featured Agents Tagged With: , , , , , , , , , , , , , , , , , , ,

Kam Warner With Another Real Estate Update

September 30, 2012 By

Filed Under: BLOG, Featured Agents Tagged With: , , , , , , , ,

Negotiate Your Best House Buy-brought to you by Deon Davis

July 15, 2012 By

Article From BuyAndSell.HouseLogic.com

By: G. M. Filisko Published: June 04, 2010

Keep your emotions in check and your eyes on the goal, and you’ll pay less when purchasing a home.

Buying a home can be emotional, but negotiating the price shouldn’t be. The key to saving money when purchasing a home is sticking to a plan during the turbulence of high-stakes negotiations. A real estate agent who represents you can guide you and offer you advice, but you are the one who must make the final decision during each round of offers and counter offers.

Here are six tips for negotiating the best price on a home.

1. Get prequalified for a mortgage

Getting prequalified for a mortgage proves to sellers that you’re serious about buying and capable of affording their home. That will push you to the head of the pack when sellers choose among offers; they’ll go with buyers who are a sure financial bet, not those whose financing could flop.

2. Ask questions

Ask your agent for information to help you understand the sellers’ financial position and motivation. Are they facing foreclosure or a short sale? Have they already purchased a home or relocated, which may make them eager to accept a lower price to avoid paying two mortgages? Has the home been on the market for a long time, or was it just listed? Have there been other offers? If so, why did they fall through? The more signs that sellers are eager to sell, the lower your offer can reasonably go.

3. Work back from a final price to determine your initial offer

Know in advance the most you’re willing to pay, and with your agent work back from that number to determine your initial offer, which can set the tone for the entire negotiation. A too-low bid may offend sellers emotionally invested in the sales price; a too-high bid may lead you to spend more than necessary to close the sale.

Work with your agent to evaluate the sellers’ motivation and comparable home sales to arrive at an initial offer that engages the sellers yet keeps money in your wallet.

4. Avoid contingencies

Sellers favor offers that leave little to chance. Keep your bid free of complicated contingencies, such as making the purchase conditional on the sale of your current home. Do keep contingencies for mortgage approval, home inspection, and environmental checks typical in your area, like radon.

5. Remain unemotional

Buying a home is a business transaction, and treating it that way helps you save money. Consider any movement by the sellers, however slight, a sign of interest, and keep negotiating.

Each time you make a concession, ask for one in return. If the sellers ask you to boost your price, ask them to contribute to closing costs or pay for a home warranty. If sellers won’t budge, make it clear you’re willing to walk away; they may get nervous and accept your offer.

6. Don’t let competition change your plan

Great homes and those competitively priced can draw multiple offers in any market. Don’t let competition propel you to go beyond your predetermined price or agree to concessions-such as waiving an inspection-that aren’t in your best interest.

More from HouseLogic

Determine how much mortgage you can afford (http://buyandsell.houselogic.com/articles/4-tips-determine-how-much-mortgage-you-can-afford/)

Keep your home purchase on track (http://buyandsell.houselogic.com/articles/keep-your-home-purchase-track/)

Plan for a stress-free home closing (http://buyandsell.houselogic.com/articles/7-steps-stress-free-home-closing/)

G.M. Filisko is an attorney and award-winning writer who has to remind herself to remain unemotional during negotiations. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Deon Davis, Realtor

Deon Davis, Realtor

Office: 419-535-0011
Cell: 419-810-1560
Fax: 419 535-7571
VM: 419-539-2700 ext. 167
deondavis@wellesbowen.com
Visit Deon’s website, by going to wellesbowen.deondavis.com

Filed Under: BLOG, Featured Agents Tagged With: , , , , , , , , , ,

Americans buy more homes, market may be on the mend

May 23, 2012 By

From the Detroit Freepress

WASHINGTON — Americans are buying more homes in every region of the country, the latest indication that the housing market could be on the mend.

An increasing portion of those sales are from first-time buyers, who are critical to a housing recovery.

Sales of previously occupied homes rose 3.4% in April from March to a seasonally adjusted annual rate of 4.62 million, the National Association of Realtors said Tuesday.

That nearly matches January’s pace of 4.63 million — the best in two years. It is still well below the nearly 6 million that most economists equate with healthy markets.

A pickup in hiring and cheaper mortgages, combined with lower home prices in most markets, has made home buying more attractive.

While many economists acknowledged that the market has a long way to go, most said the April sales report was encouraging.

“The trend in sales is upward, and we think it has a good deal further to go over the next few months as payrolls pick up further and mortgage availability improves,” said Ian Shepherdson, chief U.S. economist for High Frequency Economics.

To read the complete article please click here.

Filed Under: BLOG Tagged With: , , , , , , , , ,

Get the best price possible for your home

April 30, 2012 By
MIAMI - DECEMBER 22: Real estate agents Izzy ...

Without proper exposure, sellers may be leaving money on the table

By Dian Hymer, Monday, April 30, 2012.

Inman News®

Wouldn’t it be nice to sell your home without the hassle of exposing it to the public? Selling off-market works occasionally, but most sellers who try it eventually end up having to put their home on the market. This wastes time and could delay the sale.

There are other drawbacks to trying to sell without full market exposure. One is that it’s difficult to prepare your home for sale if prospective buyers are coming through. You have to stop work, and buyers see a work in progress.

It doesn’t make a good impression if your home is shown before it’s ready. Buyers remember what they see, not what you tell them it will look like when you finish painting a room or replacing outdated light fixtures.

Sellers in a desirable Oakland, Calif., neighborhood were asked by neighbors who needed a larger home if they could see the house before it went on the market. The buyers were so turned off by the poor appearance that they not only didn’t buy the house, but they didn’t even want to see it when it came on the market. So you can lose buyers by letting them see the house before it’s ready.

A potentially more serious downside of selling without exposing your home to the market is that you’ll never know what it could have sold for with the benefit of promotion. You might be leaving money on the table.

TO READ THE REST OF THIS ARTICLE PLEASE VISIT INMANNEWS.COM

Enhanced by Zemanta
Filed Under: BLOG Tagged With: , , , , ,

5 Ways to Sell a Home Faster

April 26, 2012 By
Picture of the "Gingerbread House" i...

From Realtor Mag
24/7 Wall St. recently asked real estate experts and several real estate organizations to weigh in on how sellers can get their house sold at the best price and in the shortest amount of time.

Here’s what they had to say as some of the best ways to get the “sold” sign out this spring:

Pay attention to “curb appeal”: First impressions are critical, and homes with inviting landscapes and exteriors tend to sell better, agents say. Pay attention that the driveway is in good condition, lawn well-kept, and the house looks freshly painted.
Set the right price: Real estate professionals know how to set the price and prepare a home for sale. Agents use comparable sales of homes sold in the last 60 days to help set the most realistic price for the sales price of a home. By setting a realistic price from the beginning, sellers should be reminded that this will prevent having to drop the price of the home several times before getting it sold and having it linger on the market. If no recent comps are available, some experts recommended sellers get an appraisal, which will also offer a realistic price that the bank may be willing to take when a buyer tries to qualify for financing the home.
Want to read the rest of the article, click this link to visit the Realtor Magazine site

Enhanced by Zemanta
Filed Under: BLOG Tagged With: , , , ,
« Older Posts