Search
Resources
Archive

You are currently browsing the archives for the Home Selling category.


Warning: include(/home/openreal/public_html/wp-content/themes/WP-Florida-Executive-Home/468x60.php) [function.include]: failed to open stream: No such file or directory in /home/openreal/public_html/wp-content/themes/WP-Florida-Executive-Home/archive.php on line 19

Warning: include() [function.include]: Failed opening '/home/openreal/public_html/wp-content/themes/WP-Florida-Executive-Home/468x60.php' for inclusion (include_path='.:/usr/lib/php:/usr/local/lib/php') in /home/openreal/public_html/wp-content/themes/WP-Florida-Executive-Home/archive.php on line 19

Archive for the ‘Home Selling’ Category

Listing Homes For Sale in the Newspaper

Tuesday, June 23rd, 2009

When you are listing homes for sale in the newspaper there are many things that you need to consider. These things include enticing the reader, contact information, and the type of ad you are going to list.

Listing homes for sale in the newspaper is difficult because you are limited on space. There are different ads that you can choose from and they all vary based on the size. The bigger the advertisement you want to use then the more you will have to pay for the ad. You can have an advertisement of the house with a photo and information or strictly text including the details. It is entirely up to you. A photo is beneficial if the house looks nice and is extremely attractive.

Enticing the reader can be really hard to do when you are limited on space. In a newspaper advertisement you will only be able to say about four lines of text about the home. The goal is to cram as much information into the little space provided as possible. Be sure to list the number of bedrooms and baths. Most people who are shopping for houses look based on the size of the house. The price should also be included. These three things are the most important. Anything else that is a benefit or an upgrade like a pool, hot tub, tennis courts, and other things should be included. These will help attract people who are interested. If you can fit it in the space also try to put the square footage because some potential buyers look by a minimum size of a home.

Never forget the contact information. There is no point of listing homes for sale in the paper if you forget to put your phone number for all potential buyers to call you. Put your preferred method of contact in the advertisement at the bottom and make sure that it is correct.

When you list homes for sale in the newspaper there are many things to consider. This advertisement is always limited to space so you must find a way to entice the readers by saying as much as you can about the home in as few words as possible. A picture of the house can be placed in the ad which is a good idea if your budget allows for it. Be sure to include the most pertinent information that buyers look for homes according to. Also, include the proper contact information or the ad will be of no use to anyone.

Kevin Simpson, has been working on ForeclosureListings.com studying the foreclosures market, helping buyers on the finer points of foreclosures for sale. Try to visit ForeclosureListings.com and begin your foreclosures by state search.

——

Kevin Simpson, GM Sales & Marketing, ForeclosureListings.com

Top 7 Things to Do Before You Sell Your Home

Tuesday, June 23rd, 2009

Selling your home is a big decision accompanied by many smaller decisions. One of the smaller, but meaningful decisions to be made is how to get your home into showing condition. After all, a clean, presentable home will help sell your home far faster than nearby homes with homeowners who just slapped a for sale sign in the front yard without thinking ahead. Here are seven tips on what you should do before selling your home:

Clean the windows on both sides. – A big no no when showing your home is to have dirty, grimy windows. Depending on the climate you live in your windows may need to be cleaned more often. The worst thing that can happen during a tour of your home is for a buyer to look through the window and see the last three years of pollen instead of your beautiful backyard. Clean, clean, clean!

Power wash the exterior siding. – Buyers are very perceptive to even the most minor details about your home including dirty siding. If a buyer sees siding that doesn’t look like its been cleaned recently they become set in the idea that you may not take great care of the rest of the home. Power wash the siding at least once every 3 months while your home is on the market.

Replace the kitchen appliances. – This isn’t an absolute must but if your appliances are more than five years old and/or heavily used then your $5,000 investment into new appliances will pay off three fold when you sell your home. Often buyers look at your appliances and try to assess whether they’ll need to be replaced soon after they move in. Take this worry off their mind so they don’t take thousands off their offer price.

Professionally clean the carpets. – If you live in your home then you are almost guaranteed to have a few carpet stains from muddy days or accidental spills. Hire a professional cleaning service or rent a carpet cleaner from a home improvement store to freshen your home’s carpeted surfaces.

Re-purpose multi-use rooms. – Everyone has a catch-all room that pulls double, triple or even quadruple duty as a home office, dining room and rec room. Redefine this room for a singular purpose so that home buyers don’t need to think about what the space is supposed to be used as.

De-clutter workstations and busy places. – Have you ever come home and dropped the mail in one spot while you get settled in? That’s a workstation. Mail drops, key hangers and other central stations in the house are prime clutter zones and serve as eye sores to buyers looking for the best value per square foot in a home. Keep these areas clean while showing your home and you’re likely to sell your home sooner.

Put new comforters on all of the beds. – Comforters are a lot like family heirlooms in that they tend to stick around for a really long time. Sometimes it’s a pass down from an older sibling or family member but after a while you’ll end up with an eclectic collection of bed covers in your home. Spend a couple hundred dollars on stylish, up to date comforters that fit the ambiance of each room. Your guests and visitors will appreciate it!

Now that you have seven new ways to improve upon the first impression your home makes on a buyer you can get out there and get your home sold sooner with an offer price much closer to what you’re asking.

Learn more about Orange County NY homes for sale by visiting Joshua Ferris’ Monroe New York real estate guide.

The Five Areas You Simply Can’t Afford to Ignore When Selling Your Home

Tuesday, June 23rd, 2009

One of the most common questions asked by Atlanta homeowners when listing their home for sale is: What can I do to make my home more attractive to buyers?

Although remodeling projects vary according to the type of home you live in, the type of community you live in, and the area of the country in which you live, there are five, basic areas that every home seller must address when selling their home:

• Flooring

Let’s start with the overall cleanliness of your floors, particularly your carpeting. You absolutely, positively must do everything in your power to get those carpets looking clean and fresh. If they have seen their better day, it will likely benefit you to replace them altogether. Rest assured you will see a return on your investment.

Don’t forget about the other types of flooring around your home, either. If you are one of the lucky few to possess hardwood floors, make sure they are in excellent condition. If not, pay to have them refinished and varnished, as they will certainly become the focal point of your home. Ceramic tile that is chipped must be replaced, and vinyl flooring that is discolored or faded should also be replaced. Luckily, this type of flooring is inexpensive and easy to install.

• Walls

The walls in your Atlanta home are perhaps one of the best ways to make a great, first impression with potential home buyers. Dirty, damaged walls immediately give buyers an impression of an unkempt, neglected home. After all, if your walls are in poor condition, what kind of shape are other areas of the home in?

In addition to clean, freshly painted walls, soothing, neutral-colored walls make any home feel more welcoming and comfortable. Stick to soft, neutral walls that will appeal to a larger audience, but by all means steer clear of sterile, white walls.

• Appliances

Appliances serve several purposes. First, they give your kitchen an instant facelift; second, they serve as a great bargaining tool or incentive for home buyers; and third, they appeal to those home buyers looking for an updated home.

The best part of new appliances is that you don’t have to spend a lot of money. Purchasing mid-grade appliances will attract a wide variety of buyers, so don’t feel like you need to put commercial-grade appliances in your home in order to sell it.

• Countertops

If your kitchen needs updated, but you don’t want to put the money into an entire kitchen remodel, you may want to consider simply switching out your older countertops with new, more updated ones. Consider granite or quartz for higher-end kitchens, and high-quality laminate for more modest kitchens.

• Outdoor living spaces

Remember that today’s homeowner is often just as interested in your outdoor living spaces as your indoor counterparts. Outdoor entertaining and relaxing has become a trendy enjoyment for many of today’s homeowners; it is therefore important to give your outdoor spaces some TLC before listing your home for sale.

Areas to consider include power washing and staining your deck, creating an attractive landscape and tending to your lawn.

Tina Fountain Realtors represents buyers and sellers of real estate in Atlanta Georgia including homes for sale in Cobb County.

Taking Care of Business – The Process of Preparing Your Home For Sale

Tuesday, June 23rd, 2009

There is no easy way to put this – selling your Atlanta home can be an exhausting experience. Even if you enlist the services of a qualified real estate agent, there are a plethora of things that you must tend to yourself.

One of the most important details to remember is that your home must be in order when you list it for sale. What does that mean? Particularly, it must be clean, clutter-free, repaired and updated.

Details to Consider when Preparing your Home for Sale

1. Clean it from top to bottom. Simply put: a clean home is far more attractive to buyers than a dirty one. Steam clean the carpets, clean all of the appliances, inside and out (especially if you are leaving them behind with the house), wash down dirty walls, remove all signs of mold and mildew from the bathroom, clean the windows, inside and out; and scrub all the floors – and that’s just for starters.

A clean home speaks volumes to home buyers, as it conveys a feeling of pride in home ownership; it makes the home appear more attractive; and it promotes a feeling of warmth and hospitality. The bottom line is that a dirty home will immediately turn off most buyers, regardless of its size, amenities and features.

2. Clear out the clutter. Clutter does absolutely nothing to sell your home. Instead, it detracts from the home and distracts buyers. It is very difficult for home buyers to appreciate a room’s size or its qualities if there is an abundance of clutter blocking the view.

This may be the time to have your long-awaited garage sale, and it may be the time to remove much of the clutter that will make moving all that more difficult. Finally, clearing out your home’s clutter is the easiest way to make the rooms appear more spacious and open.

3. Perform necessary repair work. Regardless of whether you plan on remodeling or updating your home, you need to attend to broken items around your home before you list it for sale. Some things to pay attention to: chipped or broken floor or countertop tiles; leaky faucets; damaged walls; non-operative light fixtures; and broken or non-operative windows.

4. Upgrade to create more interest. Your home may have spacious room sizes and an expansive backyard, but if it hasn’t seen an update in years, now may be the time to upgrade and update. Some of the easiest areas in which you can update your home include: light fixtures; faucets; kitchen countertops; kitchen appliances; flooring; and door and cabinet hardware.

5. Give your rooms purpose. If your dining room is currently serving as a makeshift office, now may be the time to restore it to a place where family meals can be shared. Staging your home in such a manner as to enable home buyers to envision what the room is to be used for will help you sell your home. For example, instead of using your third bedroom as a large closet, arrange a bed and a nightstand table in it to create an instant guest room.

Tina Fountain Realtors represents buyers and sellers of real estate in Atlanta Georgia including homes for sale in Marietta.

8 Tips to Ensure Your Home Shows Well

Tuesday, June 23rd, 2009

When buying a home, first impressions are everything. If you’re looking to sell your home, whether it is a house, condo, or townhome, the following are a few tips to ensure that your home shows and sells well.

1. Ensure that your home is clean and well groomed before showing. Don’t overlook the little things. For instance, any brass should be polished, windows should be free of fingerprints or paw marks, and your paint should be free of chippings.

2. Make any necessary repairs. Your locks should fit well and firmly as well as all door handles. All exterior doors should lock and shut solidly. As for drains and downspouts around your house, these items should be firmly attached and free of debris so that water flows freely. In regards to lighting, make sure that all attached lighting fixtures are attached firmly. All of your switches should turn on and off at their designated time. This includes items such as the garbage disposal, fan, etc.

3. When presenting your home to potential buyers, it should be “neutralized.” Avoid showcasing a house with wild, off the wall colors. Instead, opt for more neutral colors such as beige, taupe, or grey. You can add flair to your home by adding molding and other add-ons to liven up the room.

4. Don’t make the mistake of showcasing a dim, dark house. Ensure that you lamps are working full force and that your lampshades are pointed directly at the wall to reflect light. If you’re showcasing your house during the day, take advantage of as much natural light as you can. You can do this by opening up all of the curtains, blinds, and shades in your house.

5. Don’t neglect your front lawn. If you are selling a single family house, pay attention to simple items such as ensuring that your grass is cut, and that your lawn is full of weeds or dead flowers.

6. In you have a keen sense of decorating, and have been told so numerous times on your choice of style for your home, consider leaving some of your home’s more definite colors in place. Features such as coordinated colors and window treatments and complimentary color schemes might cause a potential buyer who has no sense of style or imagination to purchase the house in order to forego hiring an interior decorator.

7. If you cannot afford to replace your carpet, but it is in poor condition, consider obtaining samples from a local furniture store in and attach them to the floor during your showcase. Alert potential buyers that if they decided to purchase your home, they will be given a carpet allowance once the house is sold.

8. Never showcase a cluttered house! Ensure that your house is in tip top condition before allowing potential buyers to walk through. Don’t forget the little areas as buyers will want to tour the entire house. This means not overlooking areas such as cabinets, closets, and garages.

By following the tips listed above, you will position your home to sell quickly.

How to Prepare Your Property For Sale

Tuesday, June 23rd, 2009

One of the biggest problems homeowners face when trying to sell their home is properly preparing it for the sale. Unfortunately for most homeowners, their home is a place where they have stored everything they’ve accumulated in life, leaving them the task of trying to empty years worth of collectibles, trash, and treasure in order to present a home that buyers will want to purchase. Don’t allow the task of preparing your home for a sale burden you down. Learn how to efficiently clean out your home so that it sells, even if you’ve lived like a pack-rat for the majority of your life.

The first step to preparing your home for a sale is to begin by going through each room in the house to see what it contains. Your first step is to take a mental note of what is contained in each room and how you utilize each item. This step is crucial because it is where you will begin to distinguish between items that you need and items that you don’t need. If you haven’t used an item in the past 3 months, or even 6 months, consider giving away in order to de-clutter. While it may be hard to give away items that you treasure, understand that if you haven’t used them in a long period time, they are simply taking up much needed space.

A great way to de-clutter your home and make money while doing it is to hold a garage sale for items that you no longer have need of. While it may be hard for you to give away treasures and heirlooms that you hold dear, you main objective here is to sell your house – and you certainly can’t do that by presenting a home that is cluttered with junk. You want to present your house to interested buyers, not the clutter that’s contained within.

Many homebuyers make their decision based on purchasing a home by actually envisioning themselves living there, along with their belongings. Your objective when selling your house is to allow potential buyers to make their vision a reality. You can’t do this with rooms that contain excessive furniture or rooms that appear to be too crowded. Ensure that you’re showcasing each room in your house with functionality that buyers will be drawn too.

When in doubt, the minimalist approach is always a good route to take when showcasing your home. By removing all of your person effect, you allow buyers to place themselves in your home for a moment. However, don’t go too far with the minimalist approach. Bland walls, boring décor, and bad lightning will definitely scare a few potential buyers away.
The added benefit of cleaning out your home for show is the fact that you have in essence killed two birds with one stone. Not only have you presented potential buyers with a home that they could see themselves living in, but you’ve also made it that much easier for you to pack and move when that day comes.

Luis Pezzini
lpezzini@SunsetStripRealty.com
http://www.SunsetStripRealty.com
Your agent in Los Angeles

Real Estate Flipping – 7 Options

Tuesday, June 23rd, 2009

“Flipping” is the in thing in the real estate market seen in flipping articles, flipping books, on TV and in newspapers. Flipping refers to purchasing property and then putting it up for sale again within a short time, unlike keeping property for a long time for rental purposes. There are different types of flipping, many of them profitable and others not.

Flip Method 1: Purchase, Remodel and Flip

“Fix ‘n flip” is a strategy that involves the buying of property that requires working on it and retailing it to a person who will make it a residential place. The strategy has been known to be successful and you stand to make $15-$50k per deal depending on your ability to find bargains and the market. The strategy’s only dangers are underestimating repairs or paying much money. Be conservative in the selling duration and fix-up costs. Additionally, ensure the real estate agent’s cost included in the analysis.

Flip Approach 2: Purchase, Refi and Lease/ Option

Instead of selling the remodeled property for cash, sell it for terms. After the rehab, refinance the property at the appraised value. According to calculations, you should have no or little money in this deal. Sell the asset on lease with a choice to buy.

Flip Method 3: Purchase& Flip “As Is”

Do not like fixing? Think of selling the asset as a not heavy fixer upper. If locally, the real estate market is vibrant, you can sell the asset in a poor condition below the market. This especially goes for property in “transitioning” neighborhoods. Ensure what you pay for the property is sufficiently cheap for selling below the market for a profit.

Flip Approach 4: Wholesale

Since the first approach is very popular many investors are seeking rehabs. Without much work, you can purchase the property cheaply and sell the same property for more to the next investor. Your profit returns will come quickly but it will not be as much as that of the rehabber.

Flip Approach 5: Pre-Construction

In vibrant real estate markets, prices appreciate by about 2% every month. With proper timing, you can contract a condominium or pre-construction house then flip the property to another person after it has been developed. You could get more than $100 000 yearly on a $500 000 property if it takes a year for development to be complete.

Flip Strategy 6: Scouting

A scout is a gatherer of information and a “bird dog” tasked with finding potential deals and selling other investors the information. The scout gets property on sale, gathers relevant information and furnishes the investors with it at a fee. The fee varies according to profit potential and the property’s price.

Flip Approach 7: Illegal Flipping

This approach is illegal and is carried out by unscrupulous investors buying cheap houses in bad condition in low-income neighborhoods. They then repair the properties shoddily and sell them to unsuspecting buyers at higher prices. In most instances, the mortgage broker, appraiser and investor conspire to submit fake loan documents and appraisal. This results in the buyer paying much of the house and cannot pay for the loan. Since most of the loans in question are federally insured authorities have probed the practice and arrested many people arrested leading to the illegal perception of flipping by the public. Flipping is legal, loan fraud in flipping process is what is illegal.

Julia Vakulenko is a licensed broker associate with Tampa4U.com Realty. She has one of the hardest working Tampa Real Estate team in Florida specializing in Tampa Condos and also in2Va Team for Northern Virginia Real Estate.

Tips For Selling Your Home – A Guide to Selling Your Home

Tuesday, June 23rd, 2009

Anyone can sell a home. Supported by so much information on the net anyone can sell their home themselves or through an agent. This hi-tech information tool can be accessed anywhere and you can easily sell your home, using it, at a rational price.

So whether you want to do it yourself or through an agent you can follow some basic steps to be successful. Do not under estimate the importance of these guidelines.

Here are some quick steps to follow:

* Preparation- put your best foot forward.

The first thing you need to do even before you put it up for sale is to make it really inviting. Spring clean your home thoroughly. Get rid of all clutter and rubbish. Repair your home and get rid of extra furniture to give it a spacious look.

* Price your home right

A home that is reasonably priced will sell faster than an overpriced one. You can have your home professionally valued. Include the cost of the furniture you are planning to give with it. Don’t under price your home, as you will then loose money at the same time don’t over price it as you may then end up losing some potential buyers.

* Time your sale

The time you decide to put up your house for sale should be optimum. The best time to put up your house for sale would be when there is a demand for homes and the economy is good. Usually June and July are good months to do it. if you can time your house well with good presentation then you may be able to get a better price than expected.

* Consider the costs involved

Don’t ignore the expenses that you incur while trying to sell your house. Your asking price should cover expenses like advertisement, attorney, closings etc.

* Selling without an agent

Selling your home yourself is not an easy prospect, though it can be quite economical as you can save the agent’s commission which could be anywhere from 2-6% of the total sale.

* Selling at auction

This also an option that you may exercise though it is not beneficial. It costs more and could be a volatile experience

* Hire a real estate lawyer

Involve a real estate lawyer in the whole process as it will iron out any wrinkles and also help you make the whole process smooth by drafting good documents.

* Marketing you home

You can hope to sell your home only if people know about it. this is how you can spread the message

- Write out an ad for the classifieds
- Use a photograph- a picture is better than a thousand words
- MLS provided by agents
- Open houses
- Lawn signs
- Home brochures
- Spread the word yourself

* Negotiate an offer you receive
* Be ready for home inspections
* Closing

These ready guidelines will make your way smooth. Do not hesitate to seek advice from a professional if you face problems during the process.

Good luck with your endeavor.

Is it a good idea to sell your home yourself? Find out more home selling tips from our experts at http://www.stepsinsellinghome.com, the top internet resource portal on tips for selling your home.

When Your Home Sellers Resist Making Repairs

Tuesday, June 23rd, 2009

Making upgrades to a home prior to offering it for sale might not return the investment dollar for dollar. But it might make the difference between selling quickly and not selling at all.

Say you have a nice solid home to list, but it’s a bit on the “worn” side and needs some minor repairs. Or perhaps it needs a complete kitchen or bathroom remodel. But your sellers don’t want to spend either the money or the time to make the upgrades.

Can you blame them? Simple things like a coat of paint and a new toilet seat might return more than the investment, but remodeling never does.

I read a recent article that said kitchen and bath remodels were a good idea because they returned 70-80% of the investment at resale. Other things, such as adding a room, returned even less.

If your sellers read articles like that they’ve got a good reason to resist. Why should they spend $1,000 to get a $700 or $800 return? And why should they endure the inconvenience and mess of a remodeling job if it isn’t going to pay?

When I read that article – aimed at home sellers – I thought they should have explained their reasoning instead of leaving it hanging. Because there is a good reason.

When the market is flooded with listings – enough inventory to last a couple of years if no new homes are listed – buyers have choices. And since buyers are just as lazy as sellers (all are human) they aren’t interested in taking on a remodeling job – or even a painting job – unless they’re going to get a very good return on investment.

So if that kitchen remodel will cost $2,500 – some buyers might consider it if the home is priced about $5,000 less than a comparable home that doesn’t need the remodel. Even at a bargain price, some buyers will pass it by because they lack the time, or the expertise, or the extra money to have the work done after closing.

So the reason why your sellers should go to the trouble and expense is to give their home the best chance of selling – at all.

At the very least, presenting the home in top shape, and of course at the right price, will speed the sales process. That alone could save your sellers the cost of repairs if they’re making monthly mortgage payments.

Why not prepare a handout for resistant sellers? Clearly explain the reality of your market, along with the number of comparable homes for sale and how long each has been for sale. If you can find the right examples, show them pictures, sales prices, and days on the market for homes that needed repairs as compared to those that didn’t.

Marte Cliff is a Freelance Copywriter and former real estate broker who specializes in writing for real estate and related industries.

She’ll help you with one letter, or an entire marketing plan. For Realtors who are ready to get full value from their websites, she offers web copywriting and lead generation packages. She also offers a course called the Real Estate Career Builder, which covers best practices along with marketing methods. You’ll find it at http://www.promotemyrealestatecareer.com

Marte’s weekly ezine for real estate professionals offers tips and hints for building a successful business. To subscribe, and to see the other resources available for Realtors, visit her at http://www.marte-cliff.com/RealEstate.html

What Makes a Good Realtor?

Tuesday, June 23rd, 2009

In times when the economy turns down, specifically, the housing market, the amount of realtors working in any market tends to thin. This leaves homebuyers and homeowners who want to sell with fewer options. This can be a good and a bad situation. Less realtors competing for business means, of course, that the homeowner or buyer may end up paying more for services or at least have a harder time finding someone who will work for less than maximum commissions. On the good side, the realtors who are left standing often constitute the best of the best; those who know how to work the market even when it’s not close to a hospitable place to be.

Realtors in certain areas of the country tend to have unique and valuable experience working with a variety of markets. Realtors in Florida, for instance, may have experience working the very high and standard ends of the market, working with single-family residences as well as condominium properties and have likely weathered more bubbles and busts than most realtors could ever dream. Some of these individuals simply disappear when the economy gets tough; some of them keep working to find opportunities for their clients.

Those realtors who do keep at it generally have connections in markets that entail many different property types. When the economy turns sour, even many of their wealthy clients will be looking to unload property, oftentimes at prices that are excessively low for what’s being offered. These realtors are a good source of information on potentially great deals in the market and can be very useful, even when it seems that money is so tight that a commission may be less preferable to selling one’s home independently.

Real estate is a market that is all the more intense for so many people having so many of their resources tied up in it. Even homeowners who are needing to sell, fast, would do well to contact a realtor. Not only are they good sources of clients who may be letting property go cheap, they can also connect homeowners with buyers looking for a good deal and help those sellers avoid foreclosure or other hardships brought on by tightening budgets and narrowing job markets. Sometimes, when every penny is being pinched, it pays to lay out capital for those services which may help avoid the worst.

Sunny Realty of South Florida features technologically advanced and Internet savvy realtors. They specialize in Sunny Isles real estate, Miami Beach luxury real estate and luxury condominiums. SunnyIslesMiamiRealEstate.com provides instant access to the best in Miami Beach condos.