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Thursday, May 24, 2018

What home sellers can expect in 2018: The market is still in your favor


Knowing what buyers want and getting your home ready for selling can have your home ready to be sold faster. This article comes from https://www.washingtonpost.com/ by IIyce [...]
http://lowcostinvestmenthomes.com/home-sellers-expect-2018-market-favor/

What home sellers can expect in 2018: The market is still in your favor if the price is right


Knowing what buyers want and getting your home ready for selling can have your home ready to be sold faster. This article comes from https://www.washingtonpost.com/ by IIyce Gllink and Samuel J. Tamkln. Great read and detailed information. Let's look at some of their writings.

"Here’s the good news: Homes will continue to be a hot commodity in 2018. There aren’t enough people selling (thanks to a combination of factors, led by locking in extremely low interest rates and rising home prices). In some areas of the country, like Denver, you can drive a long time without seeing a “for sale” sign. Homeowners in hot communities receive almost instant offers."

That is why location is so crucial when your looking to purchase a home to live in or invest in. Makes no difference to buyers what the home is used for they want the location.

"When it comes to pricing your home, we usually talk about the three types of sellers: Someone who is desperate and anxious and must sell as soon as possible; someone who has a “pie in the sky” view of their home value; and someone who is realistic about what the market will bear and is willing to price their home accordingly."

If a home is priced to high it will sit on the market and buyers will wonder what is wrong with the home? Even if you lower the price the home has days on the market even a few weeks can make all the difference in selling a home. Listed a home with a family that was way high on their price, and I still took the listing. It did not sell the home and they would not would not go down on the price of the home. 

I informed them of the price that it would sale for, they decided to go with another agent who said he could sale it for them at the higher price. It is still on the market over 200 days. Getting your home priced right gets it sold quickly. I have listed and sold dozens of homes since that home and learned do not over price listings no matter how nice they are. 

Let' look at how to get your home ready to sell....

"• Overcome any possible objections a buyer would have. Buyers are always looking for a reason not to buy your house. Your job as a seller is to eliminate any potential objections that would stand in the way for a buyer to make an offer."

"• Get your home into selling shape. Cleaning your home is a must. After that, you should consider hiring a stager to give your home the television-worthy polish so many buyers expect today. (Yes, they want your home to look like something they’d see on HGTV.) Assess what other sort of work needs to be done, such as fixing things that don’t work, touching up paint, or cleaning or replacing your carpets. Decide if you need to update your landscaping, and paint, clean or tuck point your home’s exterior. If you’re selling in January, clear out the holiday decorations as quickly as possible."

Getting your home ready to sale is everything. If you need to paint the home take a a weekend and do it, or have a professional do it. Make sure you add the right colors to your home and all the paint stores can assist you with picking colors.

Get the yard in good shape, that is the first thing buyers see. Might also need to add a coat of paint outside and de clutter your home, make it look bigger. 

Selling your home today is easier that yesterday, call me I'm Brett and I will come in for a free consultation to see what we can sell your home for. 216-703-5740 EXP Realty Ohio 





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Wednesday, May 23, 2018

Home Buying Checklist: What Else Does 'Location' Mean?


This very good article comes from https://realtytimes.com/ by PJ Wade that really hits the whole checklist of the needs and wants you want to look at before buying a home. When I look at homes for home buyers and investors I always look at the location of the home. No matter where you buy homes, you need to look at the attractions and amenities in a location.

I want to go through a couple that I think are important.

" Walkability has many definitions which largely differ by walking purpose: destination-driven, exercising, socializing, exploring, enjoying the outdoors…. Measures of walkability can be useful and may add to market value, but these scores are not absolute, so investigate the reference source and measurement approach. Experiment by walking where you and family members would walk and when. There may be obstacles, like very busy streets, that would affect whether walking would be the best transportation choice."

Great thing to look at when buying a home, because if you ever sale it then there should be a lot of buyers begging for your home. It will also enhance your life and your families life. My dream was being able to walk to a Starbucks by my location......: ) Just sayin

"  Nearby Shopping used to be a big location factor, but online shopping has taken the shine off this convenience for many buyers. In some areas, malls are falling into disrepair and closing. Would that be a concern for you? In other locations, new large-scale commercial ventures are underway in or closer to residential areas. How would you feel about having a big box store on your doorstep"

Let's face it when you need milk you want a grocery store close by. When you need anything we want it close by our home. Some home owners do not want a ton of shopping near their home, but they would like it close by. People get excited when new stores open up in their neighborhood and they always try them out. You can also Gage the income in an area by the amenities.

For example what stores are there? Macy's, Dillards, Nordstrom's that will give you the indication on the income in that area. Grocery stores do too if you see Whole Foods, Heinens, AJ's you know again what income is in the area. These are just some examples. 

A few reports came out recently that said Trader Joes, Dunkin Donuts, and Starbucks increased home values in their areas.  Wonder Why?

Overall look of an area helps your home value and experience. Need to know the best places to purchase a home? I'm Brett this is all I do call 216-703-5740 EXP Realty Ohio and 602-363-6551 EXP Realty Arizona 

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Don't want to do repairs on your home? Sale as is? We might have the answer


Don't want to do repairs on your home? Sale as is? We might have the answer
http://rooftopinvestment.blogspot.com/2018/05/dont-want-to-do-repairs-on-your-home.html

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What home sellers can expect in 2018: The market is still in your favor

Knowing what buyers want and getting your home ready for selling can have your home ready to be sold faster. This article comes from https:/...