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Selling My Shepherdsville Home ~ Showing #2 ~ Part 7 - 02/27/09 10:18 PM
Continued from The First Showing
The Tuesday after the insane woman viewed our Shepherdsville home, another agent called to setup a Wednesday showing. The good news was the kids hadn't been able to do much damage to the house during the preceding days. The bad news was the combination of a 4:30p showing time, my previous plans and the fact that both kids had colds meant my wife basically had to drive them around for 15 30 45 minutes while this couple toured our home. Oh well, we all have to make sacrifices :)
As I turned into The Pointe around 6:30, my phone rang. The buyer's agent wanted to know … (10 comments)
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How the $8000 Tax Credit applies to First Time Home buyers in Louisville - 02/26/09 12:20 AM
Background As a result of the 2009 Economic Stimulus Package, Louisville first time home buyers have an opportunity to purchase a home and get FREE money. In order to stimulate the housing market, the House and Senate improved the $7500 refundable tax credit by increasing the dollar amount to $8,000 and eliminating the repayment requirement.
Definitions - US Government Dictionary First Time Home buyer
Anyone who has not owned a primary residence home in the last 3 years. If you had 47 Louisville homes earlier in you life, but sold them all prior to 2006 and rented since then, you are a First … (6 comments)
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Selling my Shepherdsville Home ~ The First Showing ~ Part 6 - 02/23/09 10:43 PM
Continued from Listing My Home
This isn't my first rodeo. I've sold homes before. I've even sold investment properties that I owned. For some reason, every day that passed and I didn't get a call, was nerve-racking. The remnants of the snow and ice storm pretty well shot the first weekend. People were too busy cleaning up and restocking their current homes to bother looking for a new one. By mid-week, my buyer clients and leads started calling. They wanted to schedule showings or get more information on homes. The work was distracting, but I still kept waiting for that first call on … (10 comments)
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Selling my Shepherdsville Home ~ The Listing ~ Part 5 - 02/23/09 12:19 AM
Continued from Setting the Price
All of the preliminary work is complete and it is time to let buyers know that my Shepherdsville home is for sale. The next step is to implement the marketing plan. You simply cannot sell a house if the prospective buyer does not know it exists. Therefore, I concentrate on informing as many people as possible that the house is for sale.
By casting a wide net, I increase the odds that I find THE buyer who is willing to pay the most money in the shortest amount of time. Like average listing agents, I put a … (6 comments)
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Selling our Shepherdsville Home ~ Pricing the Home ~ Part 4 - 02/20/09 11:27 PM
Continued from Promotional Materials
Completing a full CMA and determining a reasonable listing price and expected selling price is normally one of the first things I would complete for prospective clients. As I pay particular attention to all real estate activity in The Pointe, I have a fairly good idea of my home's selling potential. Since, I was comfortable with the price range, I put this exercise off until I was ready to list the home.
Once all of the preparation was complete and the marketing materials were ready, it was time to get serious about the numbers. Today's market demands extra vigilence when setting price. Even being off … (6 comments)
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Selling my Shepherdsville Home ~ Promotional Materials ~ Part 3 - 02/17/09 11:39 PM
Continued from Preparing the Home
Although the house is ready for buyers, I wanted to have all of the promotional materials completed BEFORE the house hit the market. In order to accomplish this goal, I needed to lay the foundation for my integrated marketing campaign. Among other things, this includes
Take photographs and resize them for various outlets Create a Virtual Tour Create and order Flyers and Postcards Research Neighborhood, Schools, Taxes, Etc Photographs - Of course, a wide angle lens is a requirement.
Create a Virtual Tour - Upload photos and develop descriptions for each.
Flyers and Neighborhood Postcards- I use a common design theme for flyers, post … (11 comments)
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Selling my Shepherdsville Home ~ Preparing the Home ~ Part 2 - 02/16/09 10:56 PM
Continued from Selling my Shepherdsville Home ~ Part 1
Once we decided to sell our Shepherdsville home, we immediately made a list of everything required to prepare it for sale. To compile this list, we went room by room and tried to see the home as a buyer would. The biggest areas of focus were the 3 C's of Staging...
Clean Clutter-free Color From dusting the ceiling fans to wiping down baseboards, our first priority was to make sure that buyers wouldn't have any reason to think that this was not a well-kept home. The carpets had been … (9 comments)
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Guess who's photos are in the Louisville Courier-Journal? - 02/12/09 10:43 PM
Imagine my surprise as I scanned through my Bullitt County Google Alerts this evening and stumbled across, "I found these photos of snow storm damage in Bullitt County on Flickr.com. They were taken by Eric Hitzelberger, who writes on a Bullitt County real estate blog." My broadband connnection seemed painfully slow as the page loaded. Needless to say, I was very pleased to see the Courier-Journal website pop-up. Bullitt Beat author Emily Hagedorn posted an article detailing how to dispose of tree limbs etc from the ice storm and used a few of MY photos to accompany the piece.
I posted these pictures to my Flickr account … (14 comments)
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A View from the other side - Selling my Shepherdsville Home ~ Post #1 - 02/12/09 09:44 PM
I spend hours every month analyzing the Louisville area housing market. I note which homes are selling and which ones are not. I pass this information along in my Market Report posts along with general recommendations for buyers and sellers. While I try to avoid using the copy-paste function, my advice has been pretty consistent for some time now. Buyers should buy. Sellers should hold unless they are trading up or their house has become a burden.
When interest rates slipped under 5%, I knew it was time to practice what I preach. My wife and I made the decision to put … (8 comments)
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Bullitt County Kentucky (KY) Market Report ~ January 2009 - 02/09/09 10:47 PM
Bullitt County Real Estate Market Report- This report analyzes property sales trends for Bullitt County homes over the last few months and versus the same time period last year. The report includes number of homes sold, average listing price, average sales price, days on market (DOM), and current inventory.
Bullitt County encompasses the primary cities of Shepherdsville, Mt Washington, and Lebanon Junction. Home sales from the smaller cities of Brooks, Fox Chase, Hebron Estates, Hillview, Hunter's Hollow, Pioneer Village and Zoneton are also included, but these are generally listed as Shepherdsville homes in the MLS.
Comments and Analysis
At first glance, this looks devastating. List price and … (2 comments)
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Shepherdsville Real Estate Market Report ~ January 2009 - 02/08/09 09:29 AM
Shepherdsville Real Estate Market Report- This report analyzes property sales trends for Shepherdsville homes over the last few months and versus the same time period last year. The report includes number of homes sold, average listing price, average sales price, days on market (DOM), and current inventory.
Despite the fact that Fox Chase, Hebron Estates, Hillview, Hunter's Hollow and Pioneer Village are incorporated, home sales from these areas are generally included with the Shepherdsville home sale data. This month's results are shown in the chart below.
Comments and Analysis
January sales were low by most standards. However, the increase in average price over the last … (7 comments)
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$15000 Tax Credit - What does it mean to me? - 02/06/09 12:12 PM
Final Update -- The 2009 Economic Recovery Act passed without the $15000 tax credit. However, the new law includes an $8000 tax credit for first-time homebuyers that does not have to be repaid. 2/11 Update - 10:30p EST - The Lieberman-Isakson $15000 tax credit has been removed from the 'final' bill during negotiations between the House and Senate. There is discussion that the $7500 tax credit will not have to be repaid. I am looking for confirmation of this. Regardless, first-time home buyers need to act before July 1st to take advantage of the credit. 2/11 UPDATE- 8:00am: The Senate passed … (10 comments)
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Grand Opening Announcement - Louisville Ass-Kickers - 02/05/09 11:48 AM
I have always had an entrepreneurial spirit. Over the years, I have had many ideas that I could and would make good business concepts. For a variety of reasons, I have only acted on a few of them. Today's concept is different though. This has low barriers to entry and is foolproof. In fact, it actually depends on fools.
With non-appreciating home values, tremendous selection and once in a life-time interest rates, home buyers have hit gambling's equivalent of the Trifecta. Throw in the $7,500 tax credit and first-time homebuyers are sitting on the best opportunity of their lives to create wealth in their families. Unfortunately … (17 comments)
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Erik Hitzelberger, --Louisville-Middletown Real Estate
Louisville,
KY
More about me…
RE/MAX Alliance - Louisville REALTOR-Luxury Homes
Address: 10302 Brookridge Village Blvd #103, Louisville, KY, 40291
Office Phone: (502) 921-3989
Cell Phone: (502) 921-3989
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