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Was the property correctly priced?
Improperly pricing a property is typically the number one cause for a property not selling!
There are many strategies to try and sell a home, but there is only one proven strategy: pricing a property competitively
and correctly. Many realtors try and overprice listings by leaving it on the market for a long period slowly reducing the price, or underpricing listings quickly generating numerous offers to hopefully bid up the price. Neither choice is the best option for you the client. Pricing a property correctly gives you the owner the highest return in the shortest period of time. We look to price your property very competitively within the market allowing you to obtain top dollar in a time frame desirable to you.
What is the current showing condition of the property?
Houses that show in top condition usually command top price!
When showing a house everything matters; the paint, landscaping, window coverings, and floors. All be in showing condition. Your house should look clean inside and out. This is why many staged homes sell quicker than regular homes. This does not mean every house must be staged to sell, but a house that is clean and shows well will stick in a buyers head, leaving your home with a positive mindset. On the other hand a dirty messy home will foster a negative image making it more difficult to justify the selling price of your home. We look to work with you to make sure your home is in perfect condition to sell. Whether that means rearranging furniture or cleaning we work with you to set up your house to sell.
Was your property marketed correctly and aggressively?
Combining the right agent and the right marketing can really set your listing apart and make it stand out in today’s competitive market!
Many homes today are overlooked simply due to lack of exposure. Statistics show that 84% of home buyers use the Internet as a tool when searching for homes. Therefore, your home needs to be marketed all over a myriad of Internet sites. We look to not only flood the internet with your listing but to go beyond that. People do not realize presentation of listings may dictate if it sells or not. Successfully sold homes typically had advertisements that were clear and concise with numerous high quality photos. As we market on the internet we also market the old fashioned way. This includes flyers, door to door knocking, and calling other trusted agents to spread the word about your listing. They have qualified buyers who may be interested in your home.
Did you hire the “right” real estate agent?
In today’s market there are real estate agents and real estate sales professionals. You want a sales professional who is connected in the real estate community and has knowledge and understanding of the current market and trends.
A sales Professional:
- Puts his/her client before anyone else.
- Presents a complete marketing plan explaining what and how they will get your home sold.
- Places your home on the MLS properly. Everything is perfect from pictures all the way down to the listing printout.
- Directly markets to an existing network of buyers looking to purchase property in your area, as well as market to
other realtors to bring the necessary attention to your listing.
- Calls other buyers and agents in the local area making them aware of your listing and allowing everyone to know your home
is listed and priced ready to sell.
Hope you find this information useful. If I can be of any assistance in getting your home sold, call me at (954)225-1154 any time!
You're tired of paying rent with nothing to show for it, and its time to get into a home of your own. Maybe it is your first home, and you’re nervous about the process?
It is completely normal to feel that way! This is one of the largest financial purchases you will make in your life, and one of the most important to you and your family as well. So it pays to come into the home buying process armed with as much information as possible.
Here are the basics to consider when buying your new home.
Many people harbor secret fears about buying a home, and some of those fears are justified. Not everybody is cut out to own a home, and if you're one of those people, it's better to find this out now than when you're under contract.
Whatever you do, don't try to go it alone.
Buying a home is not as easy as it looks. You will benefit from professional assistance, and it's a free service for you. Not to mention, agents often see all the new listings before they are available online.
Do not call the listing agent in hopes that agent will do whatever it takes to earn twice the commission under dual agency. Agents are more ethical than the public gives them credit for. On top of which, you won't get individual representation; you would either receive neutral representation or no representation at all.
Ask friends for a recommendation to a Realtor. Search for agents in your area on a search engine, look at agent websites, read reviews, and peruse blogs (as many agents write about their real estate market). Try to find a buyer's agent.
Line up your financing, set aside a down payment and study the loan programs that are available. By doing your homework, you will know exactly how much you can pay and what it will cost you.
Little is more disheartening than to learn in the middle of a transaction you cannot close.
You might ask your real estate agent for a lender referral. Lenders are not allowed to compensate agents for referrals, in case you are wondering. This means your agent will refer only the top lenders who perform well because your agent wants YOU to win.
This is truly the fun part, the (relatively) non-stressful part of buying a home. Try to withhold judgment until you have toured a home in its entirety. And don't dismiss potential homes because of superficial issues that could easily be remedied by a coat of paint or some landscaping. Go inside and look.
Part of the problem of looking at homes for sale is you are not viewing homes that have sold. Only the sold homes will provide you with adequate comparable sales to know if a home is overpriced, underpriced or just right. Sellers can ask any amount they want, the price needs to be substantiated.
It is considered normal for a seller to send a counter offer. It doesn't mean your offer offended the seller or that your agent did anything wrong. Some sellers issue a counter offer because they like to have the last word.
Purchase contracts typically contain a good faith deposit, called an earnest money deposit. It shows a buyer is committed to the transaction when a buyer is willing to place a deposit into escrow. Most earnest money deposits are refundable.
The escrow officer will prepare escrow instructions. The escrow officer will act as a neutral third party to process your transaction by collecting or preparing documents, obtaining signatures, recording documents and disbursing funds.
Most purchase contracts contain a provision for the appraisal, making the appraisal a contingency of the contract. This means if the home does not appraise for the amount you offered to pay, you are not obligated to complete the transaction. The lender will order the appraisal.
Your loan file is huge. It contains your loan application, credit report, last two years of tax returns, payroll stubs, W2s, copies of bank statements and other financial documents, in addition to state- and federal-mandated forms.
Sellers are required to deliver certain disclosures about the property to the buyer within a particular time period specified in the purchase contract. It is the sellers' obligation by law to reveal everything a seller knows about the property, including material facts.
You might start with the company that insures your automobile. Sometimes insurance companies will give you a discount if you maintain more than one policy with that company. In addition to homeowner's insurance, you might also consider flood insurance.
In most states, the purchase contract gives a buyer a certain number of days to conduct inspections, including a home inspection. You might also consider a pest inspection, chimney inspection or sewer inspection. If you uncover a major defect that you cannot accept, you are often free to cancel the contract.
The seller is not obligated to fix anything, not even lender required repairs. Some appraisals might contain what is called "conditions," which are defects of some sort that need to be corrected before the lender will fund the loan. Either party can take steps to satisfy loan conditions, this is negotiable.
The purpose of the final walk-through inspection is to essentially ensure the property is in the same condition as when you last viewed it. If you discover exposed damage to the hardwood floors, for example, after the seller has removed furniture or removed rugs this is the time to ask for some sort of compensation.
If you cannot physically come to the escrow company, the escrow officer may send a mobile signer to you. You will probably pay extra for this service but for many buyers, it is a beneficial service. Mobile notary signers will come to your home, office or any other place you designate.
This is where the rubber meets the road. Now that you have checked out the home to ensure it meets your expectations and your loan is ready to close, this is when you deposit the rest of the down payment and closing costs.
After you have singed your loan and escrow documents, you will receive keys and the home is officially yours!
Welcome to my new website! I hope you enjoy the advanced search capabilities, market reports, home value estimates, and more! I'll be continually updating with relevant information to today's home buyers and sellers, so check back often!