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Five Ways To Close The Deal In A Tough Market

Posted December 2, 2013

In a tough real estate market, where inventory and competition for buyers is high, sometimes the seller has to "sweeten the pot" to get the deal done. Here are five creative ideas to help close the deal. Offer a Decorating Allowance There may be a buyer that likes the home, but just has different decorating tastes. To seal the deal, offer a decorating allowance (for painting, new carpets, or wallpaper). You can offer cash at closing, or put money in escrow to reimburse decorating & remodeling expenses made within 90 days of closing, up to a maximum amount...

Tags: Selling

5 Steps To Sell Your Home Quickly In A Buyer Market

Posted November 26, 2013

The best way to tell if your area is in a buyer's or seller's market is to check the average number of days homes are on the market before selling. When this number rises above 60 days, it's definitely a buyer's market. That means it's a great time to be a buyer, but not such a great time to be a home seller. Another method is to look at the number of months' supply of homes for sale at the current sales pace. Just divide the number of local homes sold during the last 30 days into the number of homes listed for sale...

Tags: Selling

A Souped-up Laundry Room Can Make a Difference for Home Sellers, Buyers

Posted June 24, 2013

One of the most dreaded chores around the house is laundry. Maybe that’s why when selling a house, the laundry room is one of the most forgotten areas to get in shape. The machines are often dusty, with detergent dripping down the sides and lint and old socks on the floor. Yet it’s an area that doesn’t take too much time to clean and can really make a difference when showing your house to prospective buyers. The easiest way to make a statement with a laundry room is by adding more energy-efficient washing machines and dryers...

Tags: Tips, Selling, Buyers

Consider the Emotional Side of Downsizing your Home

Posted June 17, 2013

People downsize for a variety of reasons, from the “empty nest” syndrome to convenience or hardship. Here are a few things to consider as you contemplate moving to a smaller home. “Before any move, focus on how you want to live. People don’t think enough about why they’re moving,” said Mary Jo Zeller, director at Gero Solutions, which manages moves for seniors. “Increasing numbers of downsizers these days want to exchange the worry and expense of maintaining a large property, for the luxury of low maintenance and the opportunity for more leisure time...

Tags: Selling, Buyers

Inspect for Code Violations Before you Sell

Posted June 3, 2013

Code violations can extend the home-selling process or halt it altogether. Therefore, it’s good business to hire a home inspector before placing your home on the market. A quality home inspector is well-versed in all local codes dealing with electrical, plumbing, building/structural and more, and can help sellers understand any code violations and the steps and costs necessary to meet codes. Code violations have a way of popping up in paperwork...

Tags: Tips, Selling, Buyers

The Truth About Radon Gas

Posted May 27, 2013

There’s a scene in “The Princess Bride” where the villainous Vizzini offers his adversary an invisible, odorless and tasteless poison. While his description is meant to conjure laughs, he could have just as easily been talking about radon gas. You can’t see, smell or taste radon, yet exposure to the gas can make you sick. In fact, the Surgeon General has warned that radon is the second-leading cause of lung cancer in the United States today after smoking...

Tags: Buying, Selling, Safety

Sellers: Itemize What You’re Taking With You

Posted May 20, 2013

Believe it or not, after months of searching countless homes, finding the perfect one, negotiating price and finally agreeing to a deal, a sale can fall apart over a disagreement about curtains. When striking a deal to sell a home, it’s important that you are perfectly clear about what you are taking with you and what you are leaving behind. The general rule is that if something is attached to the structure or the ground, it is real property and stays with the house...

Tags: Tips, Selling

Home Sellers: What About Your Pets

Posted December 26, 2011

Home sellers are advised to create the illusion that everything is new and fresh in their homes, but when pets are involved, it’s not always easy to keep things clean and orderly. The simplest solution for a pet owner who is selling a home is to relocate the pet to a friend’s or family member’s home or to pet daycare while the home is on the market. Keeping a pet in the backyard, the garage or in another room that you keep locked is insufficient, and is certainly not fair to the pet...

Tags: Selling, Pets

Seeing the Light

Posted December 12, 2011

Most homeowners claim to be eco-friendly and want to help the environment, yet they worry that making changes in their home will be costly or inconsequential. This is especially true for someone who is in the process of selling their home and doesn’t want to make any substantial changes to a place they hope to be leaving soon. However, making-energy efficient home improvements doesn’t have to mean sweeping changes and, by creating a better carbon footprint for your house, you will attract green-conscious homebuyers...

Tags: Green, Selling

Is it worth the cost?

Posted November 30, 2011

A stressful part of putting your home on the market is trying to figure out what to fix and upgrade to get the very best price. An experienced agent will recommend projects to consider and ones to avoid. After all, just because you put money into a renovation project doesn’t mean you will recoup the money in a sale. You may also want to consult Remodeling Magazine’s annual Cost vs. Value Report for a breakdown of typical returns on renovation projects large and small...

Tags: Selling