selling a home: Ahh!!! Why do they do that! - 09/27/11 11:01 AM
The biggest complaint I get from clients when they view information from our MLS system is no room sizes, after no photos of course, but by then they have already rejected those properties of course. Why do some agents and brokers insist on refusing to enter room sizes. Are they lazy, do they realize the dis-service they are doing for their clients? Do their clients the owner of the home listed realize that many buyers are turned off by listings with no room sizes?
When a buyer looks at property information, their first curb appeal moment is the photos, if these … (3 comments)
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selling a home: What an anti-climax! - 08/19/11 01:56 PM
I have a client who has wanted to see a home that was on the market but was not available to see. Every time it showed active and I tried to make an appointment I was told it was not available for showing. It has happened a lot recently on several other showings. Sellers have only specific times they want their house shown and I have written about this before but the point I want to make today is that when you can't have something you build it up in your own mind and it becomes something you think you must … (0 comments)
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selling a home: For sale - Really? - 08/10/11 12:25 PM
In the past few weeks I have come across at least three listings where different buyer clients want to see properties and we have been told no appointments allowed, although each property is showing as being actively marketed. These are not short term issues either.
One property the agent contacted me to let me know I could show it on Thursday and Fridays only between 3 and 5 pm.
Another property the agent let me know the sellers are not allowing showings right now because they are also selling their business and it is all too much. I had been trying to get an … (2 comments)
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selling a home: Homeowner Seminar - Berwyn, PA - 01/06/11 10:09 AM
DECORATOR and REALTOR teeming up with to host
FREE HOMEOWNER SEMINAR
Deborah Bettcher, interior decorator and owner of Decorating Den Interiors and Nick Vandekar of Long and Foster are pleased to present a free seminar for local homeowners - open to the public. Entitled, It's the Dead of Winter! What Should We Do About Our Home? Should We Stay or Should We Go? Ask the Experts. This informative event promises to highlight practical insights and design solutions that will solve a variety of homeowner challenges.
The seminar will be held Tuesday, February 1, 2011 from 7-8:30 pm at Easttown Library
… (0 comments)
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selling a home: Tredyffrin Easttown School District Real Estate market steady! - 08/02/10 12:17 PM
The 2010 real estate market in Tredyffrin Easttown School District appears steady. Looking at sales of homes priced above $400,000 since the beginning of the year, we see sales as lackluster in the winter months of January and February, 18 and 16 homes selling respectively, 17 more settled in March, whether this was the winter blahs or the economy it is hard to tell, snow storms definitely affected showings and Open Houses, but so did the predictions and feelings about the economy. Sales were definitely down on previous years, and the extended tax credit did not seem to be having an effect … (0 comments)
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selling a home: What do you think are the top 5 reasons a house does not sell? - 06/29/10 04:05 PM
This is an unofficial survey on why a house does not sell. Please give the 5 reasons why you think a house does not reach settlement or get an offer that is acceptable to the seller?
The top five reasons I think are:
Priced unrealistically for the market Location Curb appeal Lack of maintenance and upkeep House is dirty or untidy So what do you think?
… (5 comments)
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selling a home: Vacant home...keep it insured. - 07/31/09 10:14 AM
I have written before about keeping your home covered by insurance until settlement with graphic photos of a home that burnt down the night before settlement on my street. However, in today's market with people moving trying to fins jobs many homes are sitting vacant and insurance companies will not cover them if they are unaware in the case of a claim. Some insurance companies will cover you if you notify them, many won't, so you may need to change insurance carrier to keep your home insured.
It is not enough that Uncle Ernie stops by once a week to check … (0 comments)
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selling a home: How many photos? - 07/08/09 08:02 AM
I have had a web site for a long time and one of the main features I looked for was the ability to post multiple photos. It seems odd to say that now but our own MLS has only recently allowed us to post more than six photos, now we can post twelve and still agents only post six or even less.
My buyers want to see photos, they skip properties with no photos, they ask why aren't there any photos, sometimes it is because the property has a tenant and it is hard to get in to photograph or it … (0 comments)
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selling a home: Did you read the home inspection report? - 04/22/09 09:56 AM
Every home inspection I attend I hear inspectors explain that in their report they will list maintenance that home buyers will need to undertake over the course of their ownership of the home. I watch them explain how to change filters and make sure the buyer understands the workings of their new home.
So why is it that when they come to sell so many homes are in dis-repair? Do buyers ever pick up that home inspection report and look at it after they buy? A home inspection is not a method to just get another few hundred or thousands off the price of … (0 comments)
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selling a home: Seminar Friday Feb 6th Achieving Success selling your home in a buyers' market - 02/04/09 04:33 PM
This Friday as part of the First Friday events in Berwyn, PA supported by the Berwyn Devon Business and Professional Association I am holding a seminar together with Kathy Scipione from our Long and Foster Devon office and Linda Sticklin of Home Staging and Organizing.
This is a free community seminar to be held at Easttown Library from 5 to 6 PM and will touch on Staging your home for sale both decoratively and financially and cover issues such as the questions you should ask before hiring a Realtor to sell your home, local market trends, does advertising work and why … (0 comments)
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selling a home: An Explanation of Pennsylvania Agreement of Sale Part 9 - The End - 12/11/07 03:33 PM
PA Agreement of Sale Part 9
Part 1
Part 2
Part 3
Part 4
Part 5
Part 6
Part 7
Part 8
The three paragraphs that start this page are all important to understand as they impact the agreement, its breach and any damages the seller can recoup.
Paragraph 28 deals with Representations. How I usually sum sub-paragraph A up is that everything needs to be written down and signed by everyone that they agree with what is written down. Don't accept anyone's word, the seller, the buyer or either of the agents in the transaction, any brochures or promotional material or even advertising. Only what … (0 comments)
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selling a home: An Explanation of Pennsylvania Agreement of Sale Part 8 - 12/09/07 07:03 PM
PA Agreement of Sale Part 8
Part 1
Part 2
Part 3
Part 4
Part 5
Part 6
Part 7
Part 9
Paragraph 21 deals with Maintenance and Risk of Loss. I have actually blogged on this and a good example of this is Why you need to keep your home insured until settlement. There are three parts to this paragraph.
Sub-paragraph A states that seller will maintain the property, grounds and fixtures specifically listed in this agreement in their present condition excepting normal wear and tear. Sub-paragraph B deals with any system or appliance breaks or fails before settlement. The seller has two basic choices. 1) … (0 comments)
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selling a home: An Explanation of the Pennsylvania Agreement of Sale Part 6 - 11/30/07 03:46 PM
PA Agreement of Sale Part 6
Part 1
Part 2
Part 3
Part 4
Part 5
Part 7
Part 8
Part 9
We are nearing the end, I promise. Sorry this has taken so long to post in its entirety, let me know if this helps. Sometimes trying to explain it is as wordy as what you are trying to explain or worse. There is an official explanation that you can purchase which is available from Pennsylvania Association of Realtors.
Page 6 continues with Paragraph 15 dealing with the Status of Sewer. The type of sewer system is marked in part A. Part B deals with Individual … (0 comments)
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selling a home: An explanation of Pennsylvania Agreement of Sale Part 5 - 11/16/07 05:52 PM
PA Agreement of Sale part 5
Part 1
Part 2
Part 3
Part 4
Part 6
Part 7
Part 8
Part 9
Page 5 of the Agreement of Sale is quite simple. I always find that pages 1 thru 4 take the longest to complete, after that it moves much faster.
Paragraph 12 handles Wood Infestation inspection contingency. Obviously this can be waived or elected. If waived our usual paragraph 27 the Release is agreed upon as well.
If elected the number of days is selected again running from the execution of the contract. Paragraph A says the inspection is at the buyer's expense and will be carried … (0 comments)
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selling a home: An Explanation of Pennsylvania Agreement of Sale Part 4 - 11/08/07 02:11 PM
PA Agreement of Sale Part 4
Part 1
Part 2
Part 3
Part 5
Part 6
Part 7
Part 8
Part 9
Paragraph 10 headed Inspection Contingency Options is the controlling paragraph for the 4 following paragraphs. It describes the 2 options available between the buyer and seller and the possible results under these options.
Option 1 applies within the contingency period as selected and stated in paragraphs 11-15. There are three possible results of the inspections. 1) The buyer can accept the property as it is and release all parties under paragraph 27. 2) If the buyer is not satisfied with the inspections the buyer … (0 comments)
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selling a home: An explanation of Pennsylvania Agreement of Sale Part 3 - 11/01/07 09:14 AM
PA Agreement of Sale Part 3
Part 1
Part 2
Part 4
Part 5
Part 6
Part 7
Part 8
Part 9
A short post today to complete Page 3.
Page continues with Paragraph 7 revised in September 2005 which is a warning about meeting deadlines. If the agreement is contingent upon inspections and/or repairs, insurability, environmental conditions etc, if these are not carried out by the times stated in the agreement it is the same as if the contingency has been waived and the Buyer accepts the property and agrees to the RELEASE stated in Paragraph 27. This is one of the duties of the Buyers agent … (0 comments)
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selling a home: An Explanation of the Pennsylvania Agreement of Sale Part 2 - 10/30/07 05:42 PM
PA Agreement of Sale Part 2
Continuing with our explanation of the PA Agreement of Sale (AOS) we will start at the top of page 2. If you want to read other parts of this explanation
Part 1
Part 3
Part 4
Part 5
Part 6
Part 7
Part 8
Part 9
Paragraph 4 A deals with Fixtures and personal property, this paragraph was revised in September 2005. It deals with items included in the sale of the home. Anything permanently installed which is free of liens, such as plumbing, heating lighting fixtures (including chandeliers and ceiling fans) etc. I will tell prospective sellers if they want to … (0 comments)
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selling a home: An explanation of The PA Agreement of Sale Part 1 - 10/29/07 03:40 PM
The PA Agreement of Sale (AOS) is 10 pages long, 11 if you include the Lead-based paint hazards disclosure and inspection contingency addendum and consists of 34 paragraphs and 622 lines excluding Notices on the back of the pre-printed pages, which can take it to 17 pages. It is continually being updated due to revisions through use and often law suits which have arisen as a result. Each paragraph states when it was last updated. This agreement is most commonly used in resales of existing homes. Builders will often have their own contracts. Whether you are a buyer or seller it … (1 comments)
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