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What happens when you overprice your home?

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What happens when you overprice your home?

    When the real estate market favors sellers, it’s almost like there’s a feeding frenzy among buyers trying to secure listings that seem to get snapped up within hours of being put on the market.   Such demand drives the prices of homes up rapidly, which only feeds into the perception that the good times will last forever.   Unfortunately, trees don’t grow to the sky and there will always be a top of the market. What this means is that even...

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10 questions you must ask an agent before you list your home

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10 questions you must ask an agent before you list your home

Currently, there are over 1.3 million Realtors in the United States alone. The number of people that have joined the real estate sales force over the last 10 years is staggering.   No two agents are the same and less than 10% of the total number of Realtors to 90% of the business.   In addition to that, not all agents are created equally. Many of them don’t get you the best results for your specific needs.   In 2017 — one of the hottest markets in recent history...

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Why you should make a list of the top 20 features you love about your home when selling?

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Why you should make a list of the top 20 features you love about your home when selling?

    Who knows your home better than you do?   The short answer is nobody.   And because of that, you should take the time to make a list of the top 20 features you love about your home before you put it on the market.   You see, if you like those things about your house, then so will someone else. And, in an effort to help your agent get your home sold faster and for more money, it will help if you point out the things you really dig about your home that...

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What's the right amount of money to spend in upgrading your home?

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What's the right amount of money to spend in upgrading your home?

  You’re wanting to freshen up your house a little bit and you’ve already determined what you think you should do to make it amazing for you to really enjoy it. Before you jump into your renovation project, make sure you set a budget so you can spend the right amount of money upgrading your home. Without a plan and a budget, you can spend tons of money on all kinds of neat options — from a new marble island-top for your kitchen to a swanky hot tub for your backyard...

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Your home is under contract, what’s next?

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Your home is under contract, what’s next?

    Great news, you’ve put a home under contract and you’re excited to move in one day soon.  There’s a lot that has to happen before you can take occupancy: home inspection, appraisal, financing paperwork, contingencies and other dates to be met. Here’s what you can expect to happen over the coming weeks. Due Diligence Now that the home is yours to negotiate exclusively with the seller, you have a due diligence period that allows you to...

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Top deal breakers for a home under contract and how to fix them

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Top deal breakers for a home under contract and how to fix them

    Selling your home, while exciting, can also be extremely stressful. Even the best of real estate agents have to deal with complicated issues that arise with a home sale. In fact, you’ll find that even when seller and buyer get along great and the sales process is humming along smoothly that challenges can crop up requiring lots of negotiations and may delay the transaction weeks before you can close on the transaction.  Conversely, some deals are complicated...

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Top deal breakers for a home under contract and how to fix them

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Top deal breakers for a home under contract and how to fix them

    Selling your home, while exciting, can also be extremely stressful. Even the best of real estate agents have to deal with complicated issues that arise with a home sale. In fact, you’ll find that even when seller and buyer get along great and the sales process is humming along smoothly that challenges can crop up requiring lots of negotiations and may delay the transaction weeks before you can close on the transaction.  Conversely, some deals are complicated...

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Marketing Strategies: Luxury homes vs average priced homes

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Marketing Strategies: Luxury homes vs average priced homes

    As you can imagine, driving up demand for a luxury home takes a uniquely different approach than does selling a regular home.   From the word, go, you need a strong, clear and focused strategy that details how it will position your luxury home above the ordinary, illustrating and marketing its unique features in proper manner to perfect buyer at the perfect price. There are some very different ideas, thoughts and strategies around marketing a luxury home, which in...

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What happens when you overprice your home?

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What happens when you overprice your home?

    When the real estate market favors sellers, it’s almost like there’s a feeding frenzy among buyers trying to secure listings that seem to get snapped up within hours of being put on the market.   Such demand drives the prices of homes up rapidly, which only feeds into the perception that the good times will last forever.   Unfortunately, trees don’t grow to the sky and there will always be a top of the market. What this means is that even...

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How to handle a multiple offer situation

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How to handle a multiple offer situation

    Over the last five years, properly priced homes have been fetching multiple offers on a consistent basis.    It is, without a doubt, a seller’s market.   But as exciting as having a bidding war on your property is, it can also provide for some confusion and even anxiety in figuring out what to do with all those offers.   Your natural instinct might be to choose the one that lets walk away with the most amount of money, but there are many...

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