selling a home: 3 Questions to Ask before You Decide to Sell Your Home - 01/21/11 09:36 AM
Most people know how important it is to prepare your home before you sell, but even before that it is important to do your homework by asking yourself some important questions.

1. Why do you want to sell?
Your motivation for selling tells alot about how you will approach the whole process. If you aren't truly motivated and just thought it might be a good time to move but aren't commited to the process you could be setting yourself up for disappointment.
Some common reasons for selling include... job transfer, change in personal relationships, health problems, change in financial situation, home is too small, … (7 comments)

selling a home: 5 clues it may be time for a price reduction - 07/19/10 10:39 AM
You have prepared your home so it is in good condition, it is well staged and has a good Internet presence... but it still hasn't sold... now what? 
Here are five clues it may be time for a price reduction...
You aren't getting many showings You are getting showings but consistent feedback is that the price is above market value You are getting showings with feedback that buyers are interested, but don't get any second showings or offers You are getting showings that say your property is in good condition and shows well, is priced at market value, but... they don't like … (4 comments)

selling a home: Determining your asking price - 06/07/10 09:34 AM
Unfortunately, the value of your home isn't determined by your mortgage balance or how much you want or need to net when you sell. Although that would be nice, in reality how much your home will sell for is impacted by some factors you can control and others that you can't.
the market - no one likely needs to tell you that this has been a huge factor the last few years! your value will largely be determined by what comparable homes in your neighborhood (1-mile radius) have been selling for in the last six months location - not much you can do … (3 comments)

selling a home: Home Selling Process - 01/04/10 08:42 AM
I have been contacted by so many people planning to sell their home in 2010 that I thought a brief overview of the home selling process would be a good way to start the new year.
 Steps Prior to Deciding to List Your Home for Sale
Especially if you don't have to make a move and are trying to decide whether or not to sell, steps prior to making your decision include getting an estimate of what your home might sell for (CMA...Comparative Market Analysis) in today's market along with estimated selling expenses and mortgage payoff to come up with estimated net proceeds … (4 comments)

selling a home: The Most Important Factor in Marketing Your Home - 12/18/09 06:20 AM
It used to be that the most important factor in marketing your home was selecting the most connected Realtor and agency in your target market. In fact, many properties sold through those agency connections alone. The other important piece in marketing your home was a strong newspaper and real estate magazine presence.
Not any more. With nearly 90% of buyers now searching online and properties for sale becoming available virtually worldwide as soon as they hit the market agency connections and print presence are no longer that important in our market because everyone has instant access to all listings.
The most important factor in … (1 comments)

selling a home: How to Avoid the Top Home Buyer Turnoff - 12/14/09 07:20 AM
The number one home buyer turnoff is something you may not even notice if you are selling your home because you are so accustomed to it, but nothing can kill a buyer's interest in a home as quickly as odors. Sometimes just opening the front door is enough for buyers to say, "NEXT"!
Common offensive odors include cigarette smoke, pets, urine, mildew, mold, cooking. Don't try masking odors with deodorizers...they can make the smell even worse, and if the smell of potpourri or air fresheners is too strong buyers may wonder what the seller is trying to hide.
Not all smells are deal killers, but they … (7 comments)

selling a home: Why Isn't My Home Selling, Part 3 - How important is 'condition and staging'? - 11/19/09 08:03 AM
In addressing the question, 'Why isn't my home selling?', condition and staging can play a very important role. People are more aware than ever of the importance of condition and staging of homes...largely due to HDTV...but it often involves an investment in both time and money, something every seller is not willing to do.  
It is true that not every home needs to be beautifully staged to sell depending on your property, motivation and target market. For example, foreclosure properties are typically not in good condition...and are priced aggressively low to appeal to their target market. But most 'traditional' homes...homes with no bank involvement that … (0 comments)

selling a home: Why isn't my home selling, Part 2 - What do you mean...look better and be priced better? - 11/16/09 08:13 AM
Buyers often look at dozens of homes before making a decision to buy. If you are a seller, how do you make yours the one they choose?
In "Why Isn't My Home Selling" last week I said that once buyers who are ready to buy see your property it usually comes down to two things...if it looks better and is priced better than other comparable properties they are seeing, there is a good chance an offer could be on the way.
Does that mean every property should be in perfect condition and beautifully staged...and priced super low? Absolutely not! It is striking the right balance … (0 comments)

selling a home: Why isn't my home selling? - 11/12/09 05:25 AM
Properties are always selling, so why is it that some homes sell quickly while others just sit there? It can be especially frustrating if yours is one of the homes that is 'just sitting there'...you start to wonder what is wrong.
If you aren't getting any activity you are likely already aware that something should change...but what?
There are multiple factors involved in the successful sale of any home...and every home has a buyer...it is a matter of finding the right mix of factors for the successful sale of your home.
For a buyer to be motivated to make an offer on a … (2 comments)

selling a home: Getting Your Stones in a Row - 11/09/09 08:08 AM
 When I saw these stones neatly lined up in a row when we were up at Lake Superior a few weeks ago it made me think of getting your "ducks in a row"...only much easier to arrange than ducks...which made me wonder where that phrase came from. It turns out there are different theories, some of which do not involve live ducks...but I digress...
With the federal tax credit extension and expansion now a reality, if you had been thinking about "maybe making a move" it may now be time to "get your stones in a row".  The tax credit isn't likely to … (1 comments)

 
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Sharlene Hensrud

Saint Louis Park, MN

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RE/MAX Results - HomesMSP.com

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