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Buying A House – Checking Exterior Wood
You need to be very careful before committing to the purchase of a house. If the house has wood and brick on the exterior, you need to consider the following issues. Wood Issues Wood is a beautiful material, particularly when it is used on the exterior ...
Fundamentals Of Real Estate Marketing
Your personal marketing program needs certain ingredients in order to succeed. Chief among them — research, focus, testing, honesty and enthusiasm. Fundamentals of research Effective marketing demands thorough research, the more of it the better. In ...
What Is The Best Deal For A Mortgage?
Few of us invest the time and effort into researching and securing the best deal for a mortgage to purchase our home. We invest a lot of time and effort into finding the perfect property in the best location and with as many of the features from our wish ...
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There are five major factors to consider when selling a home. These factors will greatly influence not only the final price you will get for the property, but also how quickly it will sell and how much grief you will suffer through the sale.
Location
Over history it's been said the three things to look for in buying a property are (1) Location, (2) Location, and (3) Location. There are positive and negative factors to almost every location. Let's pretend your property is right next door to a fire station. You need the kind of marketing professional that can sell the benefits of not having to worry about your new home burning down, or perhaps the savings on fire insurance. Seriously, no matter where your property may be located, there is a ready, willing, and able buyer in the marketplace. The "problems" with the location of a property can be overcome, you just need a Realtor who will work hard to do so.
Your Realtor and his/her Company
Not all Realtors are the same. We each take different approaches to the marketing of your home. These range from as basic as placing the home on the MLS system and hoping it will sell, to Realtors who actively market the home through newspaper advertising and the Internet. You will likely have a positive Real Estate experience if you pick a Realtor who meets the following criteria:
- Personality. It's hard to work with an agent you don't like. You won't trust him/her, and the entire experience will be a difficult one. You have enough on your mind without having to argue and bicker with your agent. No matter how good an agent is… if you don't like each other, then it won't be a good experience.
- Availability. Having a full time Realtor (or a team of them) is vital to the successful sale of your home. If your Realtor isn't available to sell your house because he/she's "working a day job", then how committed is that Realtor to you?
- Work Ethic. Just like any other professional in your life, you need a Realtor who is organized, professional, and hard working. Have you ever seen a lawyer show up for a case in sweat pants and a t-shirt? Or a doctor say; "I'm sorry, I can't deliver your baby because I have a 4:00 t-off time"? How about an accountant who can't manage his own finances? You should be able to expect the same level of professionalism from the
agent you choose to represent you.
By having a professional Realtor working on your behalf, your entire experience will be more positive.
Terms
Are you flexible on possession dates? Is your property easy to show? Are you prepared to negotiate on appliances or other chattels? This flexibility makes your home much more attractive to potential buyers. For example, many out-of-town buyers won't even consider a home if the possession is not flexible. First time home buyers often have to purchase the appliances with the home because they have to put all of their savings into the down payment. Where are they going to get $3000 to buy appliances?
Condition
Making a good first impression is important in getting a property sold. Painting the front door and trim, making sure the doorbell works, putting furniture and clothing in storage, and cleaning off counter tops and fridges are just a few of the little things that can be done to make properties more marketable. Just remember, cleanliness and pride of ownership will get you more money than used dirt.
Price
Determining a price is more than just picking a number. It involves careful analysis of the property. Many things come into account when determining a price. In fact, it is often through price where short comings in the other factors are balanced. For instance, if your home has been damaged from bad renters, is difficult to gain access to, is right next door to a "drug-den", and is located between the city dump and the airport, then the home will have to be priced accordingly. But watch out, while the price can fix almost every short coming, it's not always the best solution.
Having a Realtor who will be honest with you about these factors is important, and could save you several thousand dollars.
John Carle & Sharon Gregresh are Realtors with Royal LePage - ArTeam in St. Albert, AB. They pride themselves on providing more than just real estate sales and listings. Their clients benefit from a much larger spectrum or real estate services. Contact them any time at information@workingtogether.ca or through their website at www.workingtogether.ca. They can be reached by phone at (780) 458-5595
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This week's real estate transactionsCharleston Post CourierSuelda LLC sold Unit 3G, 106 West Arctic Ave., Pavillion Watch HPR to Lynn W. Hodge for $435000. Ellie Alpert sold Unit 321, 201 West Arctic Ave., Charleston Oceanfront Villas to James G. Goodwin Jr. and Carol A. Goodwin for $659000.and more » |
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Today's Real Estate Reality: How We Got HereIRAJim Ingersoll is a successful real estate entrepreneur, author of Investing Now and soon to be released “Cash Flow Now.” Jim resides in Richmond, VA and he enjoys speaking at events and coaching others to achieve their financial freedom.and more » |
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A Real Estate Deal That Spans The EarthNPRThe real estate market was booming. Bullis was visiting a friend in Carmel Valley on California's Central Coast, where homes can still sell for millions. "I was like, I'd like to retire out here. What's available? What's a nice piece of property?and more » |
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Real-Estate Crash Aids the Green MovementWall Street JournalBy LAURA KUSISTO The real-estate crash left pockets of the region's rural areas littered with the remnants of would-be golf courses, shopping centers and luxury subdivisions that never got off the ground. But the market swoon has yielded an unexpected ...and more » |
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