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Hey! They're motivated! - 05/29/08 03:03 AM
You hear that all the time in Real Estate, but what does that mean? Truthfully, it is rather rare that a seller's motivation will dramatically affect the price of a home, but it is often possible to save a few thousand dollars. The most common "motivated seller" is someone who has already bought his or her next home or is relocating to a new area. They will be under the gun to sell the home quickly or face the prospect of making two mortgage payments at the same time. Since that can drain a bank account quickly, most sellers want to avoid (0 comments)
Making the offer - 05/29/08 03:00 AM
Hey are you ready to make an offer? When you prepare an offer to purchase a home, you already know the seller's asking price. But what price are you going to offer and how do you come up with that figure? Determining your offer price is a three-step process. First, you look at recent sales of similar properties to come up with a price range. Then, you analyze additional data, such as the condition of the home, improvements made to the property, current market conditions, and the circumstances of the seller. This will help you settle on a price you think (0 comments)
Oh no... I have to move! - 05/29/08 01:34 AM
I remember all to well what it was like. One thing to remember is start with one thing and stay on it. Don't be like me and start one thing and your A.D.D. kicks in and you're like, "oh yeah, I need to fix that," "oops... after I fix that other thing," and oh look over there I need to address that. Keep your focus. Begin with the outside of the house. Why? Because once it's finished it will be easier pulling up to your house when you get home from work knowing that you have the inside to do. Trust (0 comments)
More about clutter - 05/29/08 01:26 AM
Hey, let's be honest here. If I were to sell my own home today it would take me a month of solid work to get the place ready. Especially with my schedule and I know I'm not unique. Well... at least I keep telling myself that. Removing Clutter, Though You May Not Think of it as Clutter This is the hardest thing for most people to do because they are emotionally attached to everything in the house. After years of living in the same home, clutter collects in such a way that may not be evident to the homeowner. However, it (0 comments)
Getting Ready to Sell? - 05/29/08 01:21 AM
According the the National Association of Realtors many of you are planning just that this summer, and with all the negative talk about the market you're probably concerned. Here are some ideas to help set your mind at ease. When conversing with real estate agents, you will often find that when they talk to you about buying real estate, they will refer to your purchase as a "home." Yet if you are selling property, they will often refer to it as a "house." There is a reason for this. Buying real estate is often an emotional decision, but when selling real (0 comments)
Name Branding. - 05/29/08 12:16 AM
Does name branding matter? Well let's consider the last time you were out of town, perhaps striking up conversation with someone on a plane and the topic of conversation gets to relocation. Not only is our relocation department tops but when local real estate companies without name branding are not only missing out on millions of dollars of creative and directional advertising but they're also harder names to remember. Remembering Coldwell Banker however is not difficult to do and just for that very reason. Can you see the benefit to not only buyers but sellers in that kind of branding? (3 comments)
Miamisburg Update - 05/28/08 09:42 PM
Miamisburg has seen some changes in the market this year. Here are the long anticipated numbers for May 28, 2008. Breaking it down it looks like this.
The number of total homes sold in Miamisburg went from 121 this time last year to 65 this year. With an average price range of $149,098.00 in 2007 and a total volume of $18,040,911.00, the 2008 figures thus far are down with an average home price at $144,724.00 and a volume this year virtually cut in half at $9,407,046.00! The amount of days on market has gone up on average an extra four days. The biggest price brackets (0 comments)
Gorgeous Home and Amazing Garage - 05/23/08 09:07 PM
HONEY STOP THE CAR! Situated on over 1.5 acres there's something for HER and something for HIM! For her? The kitchen to die for! For him? Three car attached AND three car detached and what a garage/workspace it is! This 2800 + square foot tri-level has all the amenities including cathedral ceilings and enormous kitchen, great room that measures 24' x 16'! Huge fenced in back yard that you can either overlook from your upper level deck or lower level patio. This home has been meticulously cared for. Great view of the entire valley! There is also a vacant lot behind (0 comments)
"I've told it that it can virtually have anything it wants!" It calls the shots! "It's ALIVE!" "It's a mis-informed buyer!" But something has gone wrong with the experiment. It has developed a mind of its own and now it thinks that the price is always $80,000.00 too high! I've tried to reason with it but alas in the midst of creating it I added too much rhetoric about how it's a buyers market yada (4 comments)
Who Is Selling All That Real Estate in Springboro? - 05/23/08 01:57 PM
Dominate. I like that word, especially when it comes to out selling your competitors. We dominate Springboro. We - being Coldwell Banker Heritage Realtors. According to the Dayton Area Board of Realtors so far, this year, Coldwell Banker Heritage Realtorshas sold a total volume of over $20,000,000.00 in Real Estate in Springboro with a whopping 81 listings SOLD! Irongate Realtors sold $12,739,400.00 with 50 listings sold. Sibcy Cline is coming in third at this time with $5,430,050.00.
Now you do the math. If you ad up the second and third place Real Estate companies in Springbororight now do they even add (0 comments)
The BORO Update - 05/23/08 01:16 PM
Well it's time for another update. The market is down from this time last year. Yes - here in Springboro the market is down overall from this time last year. Here's the how and why of it by the numbers. So far in 2008, $37,545,327.00 in Real Estate has changed hands in Springboro with a whopping number of 141 sold. The average list price (keeping in mind what I've discussed in past blogs about average LP to SP ratios) was $277,579.00 with an average sale price of $266,279.00. The average home size of what's been selling is 2500 square feet and it has taken on average 145 days (0 comments)
The number one brokerage in the Dayton Market for nearly 30 years has been Heritage Realtors and for much of that time Coldwell Banker Heritage Realtors. I'm often asked why I chose to work for Coldwell Banker over the other brokerages in the Dayton area and the answer is for many reasons, primarily to offer the best possible service available to my clients.
Sure Coldwell Banker Heritage Realtors sells one in every seven homes in the Dayton area. And yes, you would most likely have to tally the numbers of the second and (0 comments)
Fueling the Buyer with Emotion - 05/22/08 07:19 PM
I've noticed something lately. Have you noticed some of the extremely unfounded lowball offers lately? Now, I'm not talking to you if your seller hasn't competitively priced their home in relation to current inventory and past sales, I'm talking to the agent whose seller is fully informed and has done just that... inform their sellers and thus help them determine a competitive price that will bring in the offers. It's as if the buyers agents have gotten their clients so geeked up on "getting a deal" and "getting a deal" means getting tons of money off of the last list price - and without (7 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.