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sellers: Sellers: Tips, Advice + Questions Answered - 05/06/13 11:55 AM
A client requests that I put all of the Seller tips and acvice articles into one place so here goes! Frequently Asked Questions for all real estate questions & answers is still at FAQ's. Buyer info will go into Home Buyer Tips and Advice. Funny stories will go under Funny Storie and Parables. If you have a question you want answered, you can call me or send your question to Morton@KansasCityHomes dotCom. Selling your Kansas City home for the best possible price in a timely manner. Once someone decides to sell their home, they often want it done immediately. This is (5 comments)
sellers: Who Does That Agent Represent? - 05/03/13 04:15 PM
Yes, Mr. Buyer, I CAN show you that house - I can show you any house for sale. No, I am not the Agent for that HOUSE. Agents do not represent Houses; Agents represent People. We represent our clients. If our CLIENT engages us to represent them in Selling their home, we are the Seller's Agent (aka Listing Agent). We Market the Home but we Represent our Client. If the SAME CLIENT engages us to represent them in the purchase of their next home, we are their Buyer's Agent (aka Sell-ing Agent) in that transaction. If a different CLIENT engages (64 comments)
sellers: The Magic Month For Selling Your Home - 05/03/13 11:04 AM
People often ask when is the best time to sell their home. When asking this question, they mean winter, spring, summer, or fall. While there are a higher number of people looking at homes for sale during certain times of the year, a home can be sold in any season. The most important thing to remember in timing the sale of your home is the 'Magic Month.' The magic month is the first 4 weeks a home is on the market. This is when it receives the most activity and also the time it is most likely to sell for the (1 comments)
sellers: Selling Your Home in Kansas City: What Do You Need To Know? - 04/29/13 12:52 PM
If you're thinking about selling your home, you need to know a few things before you can make an informed decision. How is the real estate market in your area? How much can you expect to get for your home? What kind of marketing and advertising will the agent utilize to sell your home? How long will it take? These are the types of questions most homeowners ask when they call me to sell their home. Here's what's happening in the Kansas City real estate market today: Inventory is down. Prices are up. We are seeing multiple offers on properties in (1 comments)
sellers: Property Marketing Tips For Real Estate Professionals - 04/26/13 11:19 AM
This is to help any real estate agents who want to make the most of the available technology when marketing and advertising listings. A key component in my Marketing Plan, as I'm sure it is in yours, is internet advertising. Here is an example of some of the key sites used to expose the home for sale in the first few days of my marketing blitz: First, enter the property for sale on your MLS site and save the MLS number for use on the other sites. Read on to find out why that's important. Next, of course, is your brokerage's (15 comments)
sellers: Why Don't You Post The Best Deal or A Great House Every Week? - 04/23/13 10:20 AM
This is a question asked by a casual, maybe-someday-buyer who reads my blog. There are 3 answers: 1. Sometimes there is just not an extraordinary house on tour. 2. If there is a really great house that would work for one of my buyers, I'm going to call or email them about it first. Why would I tell the world about it before my client has the chance to see it and decide if they want it? 3. If there is an excellent deal that fits one of my client's criteria, I'm going to call or email them immediately. When (50 comments)
sellers: FAQ: Is It Better To Buy An MLS Number Or Hire A Real Estate Agent? - 04/21/13 11:33 PM
Okay, this is filed under Frequently Asked Questions but, really, I don't get that many requests from someone about buying their own MLS number. I did today! The woman who asked the question is a professional in the academic field so would have no reason to know anything about the MLS, how it was formed, who maintains it, or how it operates. Her question was a perfectly legitimate effort to attain knowledge and I was happy to contribute to her edification. Apparently the woman's husband had been told (by a well meaning friend) that one could purchase their own MLS number, (12 comments)
sellers: Frequently Asked Questions: Real Estate FAQ's - 04/06/13 02:23 AM
This is an ongoing collection (starting today) of posts answering frequently asked questions from people who are buying or selling homes in the Kansas City area*. See also Home Buyer Tips and Advice, Sellers Tips & Advice, or Funny Stories and Parables. How long does a Showing last? This is something many sellers worry about. How long do they need to be 'gone' while the buyers look through their home? Showing Tips For The Hot Summer Temperatures in Kansas City reach the triple digits during the summer. Heat makes people tired and sometimes cranky. What can a seller do to make (0 comments)
sellers: How Long Does A Showing On My House Last? Sellers Want To Know - 01/31/13 10:42 AM
How long will a showing last? Sellers want to know how long showings last when their home is listed for sale. They need to know how long they'll need to stay away from their home while the buyers are viewing it. Every buyer is different. Some will know in 5 seconds if they like or don't like the house while others may take 20 minutes to decide. If they do like the house, some buyers will stay in it for an hour or longer. They will be figuring out where every piece of their furniture will go, which drawer in the (10 comments)
sellers: Kansas City Real Estate Market Report 4th Quarter 2012 Jackson County - 01/21/13 04:27 PM
Real Estate Market Report for the Kansas City Greater Metropolitan Area 4th Quarter 2012: Jackson County, MO: The median price for homes sold in Jackson County was $98,000. Up 8.9% from the 4th quarter of 2011. Average sales price = $131,296. Up 13.3%. List to sold price = 90.56%. Up 3.2%. Closed sales volume = 2,057. Up 18%. Days on market = 88. Down 9.8%. Months supply of homes for sale = 5.3 Down 26.9%.
Inventory is at 5.3 months supply. A greater than 5-6 month supply is indicative of a Buyer's Market; a less than 5-6 month supply (6 comments)
sellers: Kansas City Real Estate Market Report 4th Quarter 2012 Johnson County - 01/21/13 04:05 PM
4th Quarter Real Estate Market Report for the Kansas City Greater Metropolitan Area: Johnson County KS: Median Sales Price = $210,000. Up 10.5% from 4th Quarter 2011. Average Sales Price = $254,917. Up 7.2%. List to Sold Price Price = 93.9%. Up 2.8%. Closed Sales Volume = 2,065. Up 31.7% Days On Market = 83. Down 21.5%. Months Supply = 3.2 Down 40%.
Months Supply = 3.2 Down 40%. A greater than 5-6 month supply of homes for sale indicates a Buyer's Market; less than 5-6 month supply indicates a Seller's Market. We are in a Seller's Market. (4 comments)
sellers: Legible Contracts Are Necessary - 01/17/13 11:17 AM
In real estate, agreements must be in writing to be enforceable. Contracts must also be legible. Here's an excerpt of a contract I received via email:
Do you understand why this is not acceptable? Even if the agent is representing a bank, the contract must be legible. This is a legal agreement to sell real estate. When signed by one party, it is an offer to purchase real estate. Once signed by all parties, it becomes a legally binding contract. We must be able to read it! Agents, please invest in equipment that is able to handle your documents. Spend (6 comments)
sellers: Do You Ever Wish That You Could Turn Back Time? - 11/03/12 08:46 AM
Once again, it's time to turn back time. ♫ Do you ever wish that you could really turn back time? How about when you hit the snooze button and end up being late for an important meeting because you overslept? Don't you wish that you could turn back time and jump out of bed the minute the alarm went off? How about when you're driving out of town and notice that wobbly shaking that occurs just before a wheel falls off your car? Don't you wish that you'd taken the time to check your tires before leaving home? How (4 comments)
sellers: November 1 Real Estate in Kansas City 2012 - 11/01/12 11:42 PM
Entire Heartland MLS area - all of Kansas City Greater Metropolitan & surrounding areas: Houses are selling in KC. We are seeing multiple offer scenarios on a daily basis. Prices have risen slightly in both the luxury home and moderate home markets. We are even seeing more competition in the lower-priced home market. That's the good news. The other part of the story is that the buyers are still going after the most attractive homes in the most popular areas first. That means the sellers still need to listen to their agent to price, show and sell their home quickly for (1 comments)
sellers: Real Estate Market Kansas City October 2012 Zip Code 64113 - 11/01/12 12:01 PM
Brookside in Kansas City generally corresponds with USPS zip code 64113. During October 2012, 30 homes sold in the Brookside neighborhood. 3 were condos at 333 W Meyer Blvd (aka The Blue Goose); the rest were single family homes. The lowest price paid for a single family home was $80,000. This was for a home in Armour Hills. It was a little bungalow fixer-upper as well as a short sale. The highest price paid was $2,550,000. This was for a beautiful. grand old manse in Country Club Ridge. [The old Greek Revival, on the Historic Register, designed by Tanner and (2 comments)
sellers: How Big Business Is Changing the Real Estate Landscape - 10/26/12 11:16 AM
You, the consumer, decide you want to buy or sell a house. You hire a local real estate agent to assist you - or do you? Maybe you think you'll try to use technology to save a few bucks. Here's a real life example of how that works and what it means to you. Yesterday, I was out previewing homes for an investor. Normally, appointments are easily set up through Centralized Showing Service (CSS). I can do that through our MLS website or by calling the local number. But this one house was not on CSS and the agent's phone numbers (12 comments)
Johnson County, on the Kansas side, leads the way. Several neighborhoods in JOCO are leaning towards a seller's market. Even Wyandotte county is showing increase in home sales & price.
Jackson County, on the Missouri side, is showing an increase in both sales and price as well as a decrease in inventory. There are numerous instances of competing offers in Jackson (2 comments)
sellers: 9 Things You Can Do to Help Sell Your Multi-Family Home in Kansas City - 10/22/12 10:01 AM
There are a ton of people out looking for duplexes, triplexes and fourplexes to buy in the Kansas City area. Here's a list of the 9 Things You Can Do To Help Sell your Multi-Family Home quickly and for the best price. This also goes for apartment buildings. 1. Have ALL keys to all units, including the basement, storage & utility spaces. Buyers are going to want to examine the units and check out the furnace, A/C, plumbing, electric & structure. If there are two buildings available in the same locale, producing about the same income, the one in the (1 comments)
sellers: Open Houses in Kansas City Sunday 15 July 2012 - 07/14/12 08:21 AM
There are hundreds of Open Houses in Kansas City this weekend. Here are the Open Houses in some of the more popular and close-in areas of KC: On the Kansas side: Prairie Village Open Houses: Click the following URL to see the openhouses: http://portal.heartlandmls.com/DE.asp?k=210094XB01Z&p=DE-8528789-455 Overland Park Open Houses: Click the following URL to see the openhouses: http://portal.heartlandmls.com/DE.asp?k=210094XB01Z&p=DE-8528787-894 Mission Hills: Click the following URL to see the openhouses: http://portal.heartlandmls.com/DE.asp?k=210094XB01Z&p=DE-8528795-525 On the Missouri side: Open Houses around Loose Park: Click the following URL to see the openhouses: http://portal.heartlandmls.com/DE.asp?k=210094XB01Z&p=DE-8528800-818 Brookside Open Houses in Zip Code 64113: Click the following URL to (1 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.