tallahassee realtor: Is your House a Top Ten Best Value? - 12/15/09 05:59 AM
Here are some characteristics that would put a house on my Top Ten Best Value List:
$/SQF for the neighborhood: Price is probably the first criteria for most buyers, but is only the starting place. If yours is priced just below comparables, it becomes interesting, and if other aspects are in … (1 comments)
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tallahassee realtor: What’s More Important, Your Money or Your Life? - 09/10/09 06:05 AM
I've run into several sellers this year who really want to move, but their house isn't worth what it used to be and they'll lose money if they sell. They're not upside down and can afford to take the loss, but they can't bring themselves to accept the fact that they've … (7 comments)
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tallahassee realtor: Why hasn’t your house sold yet? - 09/09/09 05:51 AM
Could it be that the price is too high? Regardless of its condition and location, if it were priced at $1, would there be plenty of buyers for it? As they say, "price fixes everything".
But every seller wants to get top dollar. And, not surprisingly, every buyer wants to get … (4 comments)
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tallahassee realtor: The Basics of Good Pricing - 09/08/09 06:52 AM
I was searching MLS (in Tallahassee, FL) today and found two active listings in a nice neighborhood that were both priced at $259,000, yet one of them was 1550 SQF and the other was 2300 SQF. It didn't make sense. The last sale in this subdivision was one year ago for … (6 comments)
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tallahassee realtor: The Seller-Expense Method of Pricing a Property - 09/07/09 04:08 PM
This strategy involves calculating all the seller's expenses and then basing the price on that, to ensure that the seller makes a profit, or at the very least, breaks even. This method of pricing is often used by un-informed sellers when there is little or no equity in the … (6 comments)
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tallahassee realtor: Freedom of Expression - 08/28/09 06:28 AM
I heard someone say recently that they were entitled to speak their mind because "that's what America is all about". This person was describing an ugly closing where both agents were shouting at each other and disparaging one another's competence. You would think that someone who had earned a PhD in … (7 comments)
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tallahassee realtor: Three Things a Seller Should Know Before They Get an Offer - 07/27/09 07:28 AM
The more knowledgeable and better prepared the seller, the easier it will be to negotiate and resolve issues when an offer is presented. Selling a home can be stressful, especially in a declining market when home values are falling and sales are slow. Understanding the process and discussing typical scenarios with … (6 comments)
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tallahassee realtor: Watch out for Buyers’ Remorse - 06/25/09 01:10 PM
When you buy something expensive, like a house, you're usually both excited and nervous. For many people, once they've signed their name on the dotted line, some level of anxiety sets in, otherwise known as buyer's remorse.
You might have a case of buyer's remorse if ...
You wonder if you … (4 comments)
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tallahassee realtor: A Tale of Two Inspections - 06/24/09 06:23 AM
Inspectors serve a useful purpose - to identify issues with major systems in a house and inform buyers of items requiring repair immediately or in the near future. It's a good way for buyers to determine whether a house is structurally sound and how much maintenance goes with it. If there's … (4 comments)
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tallahassee realtor: Formula for Success – Multiple Offers & Sold in 5 days! - 05/13/09 06:13 AM
Who would have thought that a modest home in an average neighborhood without A-rated schools would create a feeding frenzy? But it did. As soon as it went on the market, the showings started and every showing brought an offer! The owners settled on one that brought smiles to their faces … (10 comments)
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tallahassee realtor: When Pricing your Property, Think like a Buyer - 04/07/09 07:04 AM
Conventional wisdom says to get the best price for your property, clean it up - Preparing a Home for Sale - Consider Professional Cleaning, make needed repairs, make it attractive - Use Professional staging to Entice Buyers, and then price it right. Pricing it right seems to be the biggest challenge for most … (3 comments)
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tallahassee realtor: Persistence Pays off! - 03/13/09 06:46 AM
You'd think that buying a foreclosure would be much easier than buying a short sale (which requires bank approval that can take 1-3 months), but in some cases it can be just as frustrating and time-consuming.
After looking for months, my clients finally found the perfect home, which happened to be … (5 comments)
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tallahassee realtor: Don't be So Quick to Reject That Offer - 02/24/09 06:36 AM
Most Realtors know stories about sellers who rejected a low offer soon after their property was listed, and then got offers that were lower than the first or no other offers at all. Time goes by and eventually the seller lowers the price to the amount of the first offer and … (4 comments)
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tallahassee realtor: Getting the Highest Price is Simple, but not Easy - 02/16/09 06:17 AM
Sellers are afraid of "giving their house away" and buyers are afraid of paying too much. Especially in a declining market, sellers need to be smart and help buyers perceive value. The strategy involves two simple ideas, but takes know-how and hard work to implement:
Attract lots of buyers. The more … (2 comments)
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tallahassee realtor: Do New Paint and Fixtures Justify an $11,000 price increase? - 02/10/09 07:03 AM
In an unusually slow buyers' market in a declining economy, a house that has been on the market for four months with two price reductions suddenly has an $11,000 price increase taking it back to the original list price!
There are a total of four pictures, two (almost identical) of the … (5 comments)
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tallahassee realtor: A Strong Offer Increases Your Chances of Success - 02/02/09 07:26 AM
A strong offer is one that sellers will consider seriously; it shows that you mean business and provides benefits for both parties. You want to get the best possible deal on a property you've selected, so make a strong offer which is either likely to be accepted or will motivate the … (52 comments)
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tallahassee realtor: Buyer Objects to a Buyer Brokerage Agreement - 01/28/09 06:45 AM
I believe that Buyer Brokerage Agreements are beneficial to buyers and in many cases, they sign up without thinking twice. For those who have never heard of them before, there can be some hesitation. I ran into an objection recently that is fairly common for those who don't fully understand them.
… (17 comments)
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tallahassee realtor: In a Declining Market, Price Your House to Sell Quickly … or Lose Money - 01/19/09 07:20 PM
In a declining market, it's been shown that sellers get the highest price in the first 2-4 weeks their house is for sale. Values are going down, so the longer the home is on the market, the lower the final selling price will be.
Many sellers have found this out the … (7 comments)
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tallahassee realtor: A Reverse Mortgage isn’t a guarantee against foreclosure - 01/12/09 02:38 PM
A Reverse mortgage (RM) may be a welcome help to homeowners over age 62 who have sufficient equity in their home and want to stay there but can no longer afford their monthly payment. Or they may want to use their home equity to improve the quality of their life with … (22 comments)
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tallahassee realtor: 2009: Unthinkably good things can happen - 01/01/09 10:05 AM
In her blog recently, Instead of a New Year's Resolution... How about a New Year's Theme?, Jennifer Allan suggested we eschew the traditional new year resolutions and come up with a theme for the year instead.
I think this is a great idea, and for 2009, I'm borrowing one of the … (6 comments)
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