Let’s take a moment to understand the reason why a homeowner should not try to sell their home themselves, what’s the motivation? Most likely it is because the homeowner wants to “save” paying the commission. This can certainly be a lot of money. If we look back to 1981, homes that sold FSBO (For Sale […]
The stay-at-home orders that were issued across the U.S. in 2020 resulted in a lot of homeowners thinking about how nice it would be to have a larger home to accommodate all the activities that are now taking place in their current home. This is especially evident with homeowners who have children at home taking […]
If you don’t have a pre-listing inspection here are some things that might happen to you. A buyer puts a contract on your home with a provision to have a professional home inspection. What could come out of the home inspection are items that your buyer didn’t expect or anticipate. If the buyer doesn’t decide […]
Buy low, sell high is a much-repeated investment strategy. Buyers who purchased during the 2010-2012 financial crisis are about to see some considerable profits. America’s current median home price is now $295,300 which is up from $155,600 in February 2012. The results are close to an 8 percent annual increase. Homeowners have earned median equity […]
In this year of Jumanji Level 11, we have been hit with not only a pandemic but several orders to shelter in place and stay at home. Depending on how many people are in your family, your home now operates as a home office, a gym, a virtual classroom and your kitchen has prepared more […]
It is the fourth quarter of 2020 and we are in an “Up” real estate market. Selling a larger home and buying a smaller lower priced home that better meets your needs can be an advantage for you. Your advantage is that you can maximize your selling price and not be forced to reinvest all […]
Sellers should have their homes pre-approved before agents start showing their home just like you would pre-approve a buyer before they can start shopping. The reasons being to make sure the home appeals to the “right” buyers, to discover issues with the home before it goes on the market, improve its marketability, to increase the […]
Buyers, sellers and real estate agents often use square footage as their common demoninator in determining the value of a home. There is no quick method or automated value method that will give you the correct amount. It may seem like a straight forward process, but there are several variances that can lead to inaccurate […]
Buying or selling a home involves negotiation at all stages of the process whether you like it or not. It’s not like going to the store where you decide to buy something and then just pay for it. Emotions get involved that could affect the negotiations adversely and it is easily the most expensive purchase […]
As a seller, you can put a price on your home for sale, but the value of your home is ultimately determined by the person who buys your home. Some conditions would make a buyer pay over the market price for your home, they include location, the elevation of the home, or proximity to something […]
