Selling Tips From A Real Estate Pro – Get Maxium Value For Your Home
June 8, 2009 by Hanna08 · 8 Comments
Before each showing of your home to potential buyers, it is important to make a good first impression. Be sure your front entry has a sparkling door knocker and door knobs, and that front door and porch are clean and free of clutter.
Once inside your home should smell inviting so bake the quick and easy break and bake cookies or brownies, or put a drop of vanilla on the top of a light bulb for a welcome aroma. You can make the home seem more inviting by installing higher wattage light bulbs and opening all the window treatments to let the light flood your home.
Buyers want to visualize themselves and their lifestyle in their new home, so to make your house more neutral, please distance yourself emotionally. This means putting away all family photos, awards, etc that are specific to your family. Also removing excess clutter by renting a storage unit or having a garage sale will make your home appear larger and more inviting.
You may want to host an open house while you still have furniture in your home, so buyers can visualize furniture placement with the layout and space available. It is the responsibility of the homeowner to disclose any past or potential issues that may effect the value and continued desirability of your advertised property. Real estate law varies from state to state, and some require you to reveal everything from a leak in the faucet to a neighbor who may be a nuisance. Be sure you are aware of the disclosure laws for your area.
As an additional incentive to attract an offer on your home, you might consider offering a one-year warranty to the new buyer. This often gives them the peace of mind to proceed with buying your home. When a potential buyer starts looking for a property, they look online first. A recent survey shows that 82% start with an internet search, due to the comfort and convenience. Only 12 % find the home of their dreams in a newspaper ad. It is important to let people know your home is for sale!
Many buyers prefer a video tour or virtual tour to eliminate the homes that won’t fit their needs, and to save their valuable time. Don’t appear too anxious or a potential buyer may think they can get a steal! Did you know surveys taken by the National Association of Realtors prove that most buyers seek out a for sale by owner when they are looking for a bargain, and automatically offer 10 percent under the seller’s asking price? Don’t offer too much information about your needs and plans- a buyer could use that information to justify a low offer.
A good marketing plan is essential to selling your home. Find a dedicated professional in Real Estate that knows how to stage your home to sell. Better agents offer advice on furniture placement and redesign of your home to maximize the chances of a quick and profitable sale. With each inquiry on your home, your chance of selling it soon increases.
Janie Marksberry is a licensed agent selling owensboro real estate If you are not getting the calls and showings that your expected, please call me and I will show you how to increase the opportunity of attracting buyers, as I am an expert with the Owensboro real estate market.
Concepts To Take Into Consideration Before Your First Home Purchase
May 27, 2009 by Hanna08 · 8 Comments
Buying real estate property today is harder than ever before. When you consider the number of all of the agents that are on hand for you to pick from, you should make sure you are current on the real estate trends in your location. And it is also important for you to know exactly who the perfect agency is for you.
Real estate investing can be deemed as an investment or a single purchase to fit the needs of your day to day living arrangements. No matter what, it is a major undertaking for most first-time home buyers and you should never just go out and sell real estate without knowing the specific details about the property.
Working with a real estate agent can also be difficult. Branson real estate shows a great idea for what an informative real estate website should contain. Most realtors have a bad name or bad reputation. Some people will even say that they might be frauds. However, if you find your realtor carefully andtry to do some studying, your chances of having a horrifc real estate selling experience will be greatly reduced.
Today’s real estate market is in a state of discontent if you examine it from the realtor’s perspective. If you look at the real estate market from a buyer’s perspective, it is the perfect time to buy real estate property. So many houses and real estate properties have been foreclosed or seized by banks. And generally speaking, you can find one of these foreclosed properties for a much cheaper price now. Foreclosures are usually a great investment.
It is also a good idea to go ahead and check with a mortgage agency. You will need to find out the exact payment of funds for each period that you will have to pay in order to keep your home investment. Try to think of ways you can reduce the costs of the loan period. A lot of times, the home mortgage companies will allow you a cheaper payment if you can put a larger sum of money down for the initial payment.
When you are ready to buy real estate property, you also need to check online. But you must be cautious. Sometimes realtors will upload deceiving images of the properties. The actual properties themselves may have a totally different look. In this case, you should actually drive out to the property site yourself and see it in real life.
Buying real estate is probably one of the greatest steps in any person’s life. But if you remember these points then your home buying experience will have a greater rate for ending well.
Real Estate is Now on Sale
April 20, 2009 by Hanna08 · 7 Comments
Now is the time to invest your money in foreclosed real estate. By taking advantage of the declining real estate market and investing your money into foreclosed homes and properties, you can take advantage of some amazing opportunities to build personal wealth.
Investing in discounted real estate such as foreclosures and short sales is one of the quickest and easiest ways to make money is the real estate investment industry.
When a homeowner defaults on his or her mortgage, the lender will foreclose on that property and sell it at a substantially reduced price. Very often you can find these homes priced well below market value. And that represents an amazing opportunity for you as a savvy investor.
How would you like to have instant equity in the property you buy? Within the current real estate climate the opportunities to do just that are vast.
Of course, as with any investment there are no guarantees. So before you buy you should thoroughly check out the current market in the area. Take into consideration the condition of the home, the market in the immediate area as well as the homes that are comparable to yours that are currently for sale, and also the current average time on the market. Take into consideration any repairs or upgrades that you may need to take and make sure that you determine how long you can hold on to the property if it does not sell right away. Most important of all, do your homework and make sure that you buy the property at the right price.
How do you get started in investing in foreclosed properties? Well you have already taken an important first step by reading, studying and learning about the process. Next get a listing of foreclosures and distressed properties in your area. Check them out on paper first then drive by the homes taking into account the neighborhoods, the condition of the homes surrounding the property and the condition of the exterior of the home.
After you have determined your short list of properties you want to see then make appointments to view the inside. Make sure you do all of your own due diligence. Just because you are not going to live in it does not mean that you will not be responsible for certain things as far as the buyer is concerned. Make sure that you have all inspections completed and that they come back in satisfactory condition.
This does not mean that there are no repairs but rather that the repairs are something you can deal with. Many times a lender will sell a home “as is”, as an individual you can also sell a home “as is” but you will be able to command a higher price if the typical warranties are in place. The typical warranties on real estate generally include roofs, foundations, heating and cooling appliances, electricity and plumbing. These items may differ in different areas so consult your local real estate and real estate inspection professionals.
Right now there are more than 1.8 million distressed and foreclosed properties and the opportunities for the prudent investor are just getting better. The market will turn, it always does and if you are the one holding the properties at that time you will be the one to enjoy the profits.
To your Success!