seller information: Colorado Springs Home Owners -- FAQ's about the Building Department - 08/13/08 09:04 AM
Home Buyers and Home Sellers
What should you know about the Building Deparment?
QUESTION: What type of codes does the Pikes Peak Regional Building Department enforce?
ANSWER; They enforce Building Codes, including the State Electrical Code, the State Plumbing Code, the Fuel Gas Code, the Energy Code, the Mechanical Code, and … (0 comments)
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seller information: Short Sale is rarely the answer. - 08/12/08 02:05 PM
Here is an email I received from Lara in AZ:
I was just looking around on the internet, searching for some new news on real estate trends and I ran into your response to someone who asked what they could do if they wanted to get out of their house and … (0 comments)
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seller information: Provincetown Real Estate: Pricing your condo or home correctly - 08/12/08 07:52 AM
Many Brokers and Agents have said over and over again: "A home needs to be priced correctly or slightly below market in order to sucessfull sell the property." Many have blogged about this time and time again.
Here in Provincetown, there is clear evidence of this fact. I had a Buyer … (0 comments)
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seller information: Bury a St. Joseph Statue to Help Sell Your Home - 08/06/08 11:58 AM
Selling a home in the current Colorado Springs real estate market can be an extremely emotional process... Especially nowadays.
Did you know that the current real estate market has caused the sales of St. Joseph statues to increase by over 200%?
What?!?
See, it is believed that burying a St. Joseph … (4 comments)
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seller information: No, no, no ----- Don't let your seller do this! - 07/29/08 03:54 AM
Home Sellers mistake in Colorado Springs -- Buyer's gain
I showed 6 homes yesterday to my buyer who is in the military and looking at buying his first house in Fountain which is south of Colorado Springs. Very exciting times for him! Nothing better than first time home buyers, as they … (87 comments)
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seller information: We're 100,000 Real Estate Blogging Professionals Strong! - 07/26/08 11:40 AM
Imagine a place where you could go daily to find the finest, most up-to-date real estate opinions and information. A place where 100,000 of the best, most knowledgeable REALTORS, mortgage lenders, home stagers, virtual assistants, home inspectors, appraisers, title agents and more, share FREELY of their advice and secrets.
Of course, you … (6 comments)
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seller information: REO Insurance Claims - Is your new home uninsureable??? - 07/24/08 01:04 AM
We all know that lender owned homes are hot in this market. Many of the homes are listed and in escrow within a week. With more and more of these homes selling, there is a not-so-talked-about issue that I believe will be upsetting many new homeowners in the near future...
Here is the scenario:
… (4 comments)
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seller information: Southern Scottsdale Median Home Values - 07/21/08 06:48 PM
We have a new system for our MLS and I am starting to get the hang of it. I am really excited about the ability to pull median home prices (instead of average). Here is a graph showing the median home sale values in Southern Scottsdale over the last year (per … (0 comments)
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seller information: Sales in June were very slow. - 07/14/08 03:24 PM
This graph shows the number of homes sold each month over the last year for Southern Scottsdale (ARMLS):
June ended with a total of 89 properties sold. Compare this to the typical 160 properties we should have seen sold in June, and you will agree with me on the … (0 comments)
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seller information: Lancaster County PA Housing Market Report 7-13-08 - 07/13/08 03:06 PM
The figured compiled by the Lancaster County Association of REALTORS show a mixed picture for the local housing market. On one hand, for the month of May, 2008, only 462 homes settled, down 13% from the 531 homes which sold in the same month of 2007.
On the other hand, the … (4 comments)
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seller information: Senate Passes Housing Stimulus Bill - 07/12/08 07:38 PM
Friday, July 11, 2008: The U.S. Senate passed a housing stimulus bill today. Among other things the bill increases the Low Income Housing Tax Credit, which supports building affordable rental housing for low income families.
The bill also creates a new regulator for Fannie Mae and Freddie Mac, while at the … (8 comments)
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seller information: June Home Values Show Drop - 07/08/08 05:56 PM
Here is the data I have pulled from the MLS regarding the average home values in Southern Scottsdale:
As you can see, there has been a pretty considerable drop in home values over the last year. The last 3 months have not been nearly as erratic as previous months were, … (0 comments)
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seller information: "Dear Brian, Thanks For Your Great Service, BUT..." - 07/03/08 07:01 PM
It makes me think of the old "Peanuts" comic strip where Lucy tells Charley Brown to kick the football. then pulls it away at the last second, causing poor Charley Brown to kick nothing but air and fall on his back!
We spend weeks or months showing properties to a prospective … (79 comments)
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seller information: How NOT to save your home from the bank... - 07/02/08 05:06 PM
I have seen homes in pretty poor shape, but the one I saw yesterday takes the cake. The owner is about to get foreclosed on, and is making a final attempt to sell the home before the bank takes it. So what does this disgruntled homeowner (not for long) do? She leaves … (0 comments)
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seller information: Maintaining the Roof of Your Colorado Springs Home - 06/25/08 10:20 PM
As a homeowner, one of your jobs is to make sure your roof is in decent-great shape. If you are looking to SELL your home, this is vitally important, as most home buyers will request that the roof be replaced, if it is not in great shape.
Here are 5 … (6 comments)
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seller information: Home Values Continuing Steady Drop - 06/25/08 04:25 PM
As of today, there are currently 1001 properties available for sale on the MLS in Southern Scottsdale. So far in June, I show a grand total of 62 properties sold (Woohoo). Given we are toward the end of the month, I don't see that number getting much closer to May's 103 sold … (0 comments)
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seller information: Sellers - Disclose Everything! - 06/24/08 06:11 PM
In Pennsylvania there is a Seller Disclosure law that requires sellers to provide prospective buyers with fairly extensive information about the home they are selling. Among the types of information required:
How long you have owned the properrty
Whether you live in the property
Whether pets have lived in the property
… (7 comments)
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seller information: Southern Scottsdale Housing Update - June - 06/23/08 06:37 PM
Here is some information on the current market in Southern Scottsdale I pulled from the MLS:
There are currently 991 properties for sale with an average list price of $329,515. In the past 30 days (since 5/23/08), 85 properties have closed at an average sale price of $262,081. These homes had an … (0 comments)
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seller information: What Really Motivates Buyers? - 06/22/08 01:09 PM
In a previous post, I wrote about sellers who inadvertently blew their chances for a sale by following showing agents and their buyers around the home. In this post I want to discuss what really motivates buyers, and how you as a seller can make the most of it.
Too many sellers, … (22 comments)
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seller information: How One Seller Blew a Sale - 06/19/08 07:27 PM
Here's a true story of how a "helpful" seller lost a serious buyer because they didn't leave me alone to do my job!
I was showing a nice 1950s vintage ranch house to my buyers. The house was in good condition, with an average size rear yard. However, behind the house, … (23 comments)
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seller information: E is for Earnest Money -- Colorado Real Estate Dictionary - 06/17/08 09:11 PM
E is for Earnest Money -- Real Estate Dictionary
Colorado Real Estate Terms -- Use this glossary to make yourself more prepared
Why do I need to put down Earnest Money when I'm making an offer on a house? In Colorado, Earnest Money is partially used to show your intention to … (7 comments)
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seller information: Is now a good time to buy? - 06/11/08 06:22 PM
That's the big question, here is a small answer:
I am going to focus on the decision of buying in todays market for "George". George wants to live in Southern Scottsdale, AZ and has a steady income of $40,000 a year. He has saved up $20,000 to put as a down payment on … (2 comments)
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seller information: A is for Agent -- Colorado Real Estate Terms - 06/11/08 09:23 AM
A is for Agent - Real Estate Terms
Colorado Real Estate -- Use this glossary to make yourself more prepared
What does Absorption Rate mean to me as a buyer? An Absorportion Rate is an estimate of the rate at which a particular classification of space (house, condo, new housing, etc.) … (4 comments)
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seller information: 1 Year Sales Activity - May - 06/10/08 01:52 PM
Here is a graph showing the number of home sales in Southern Scottsdale each month over the last year:
There is good news and bad news...
The bad news is that sales (on a typical year) in May should be at about 160. We are currently at 103. Houses are … (0 comments)
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seller information: Real Estate Inventory - June - 06/09/08 05:25 PM
So how many homes are currently for sale in Southern Scottsdale, and how does this effect values? Well, let's take a look:
As of today, there are 993 active listings in Southern Scottsdale. In May, 103 properties sold. If no more homes were put on the market after today, it would take 9.6 months, for … (0 comments)
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seller information: Real estate contracts in Colorado - 06/08/08 07:54 PM
Contracts in Colorado
If a Buyer and a Seller want to draw up their own real estate contracts, they can do so. But, a licensed Realtor in Colorado does not have authority to prepare contracts that have not been approved by the Real Estate Commisison.
All contracts for the sale of … (2 comments)
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seller information: Open House "Tire Kickers" - 06/08/08 10:00 AM
I haven't been a big proponent of open houses for a long time. It seems to me that open houses have become less and less effective as a marketing tool.
However, when I did do open houses - and for a while I used to hold open houses fifty Sundays a … (23 comments)
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seller information: List to Sale Price - May - 06/05/08 04:45 PM
When looking to buy or sell real estate, it is important to know how the asking price (list price) compares to the sale price. Here is the information in Southern Scottsdale for May:
Average List Price: $274,963
Average Sale Price: $257,147
The average home in Southern Scottsdale sold for 6.5% less than … (0 comments)
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seller information: The average home in Southern Scottsdale - May - 06/04/08 02:09 PM
Anyone looking to buy or sell a home in Southern Scottsdale would probably like to know what they are selling for.
The following is the average sale price for a single family / detached home in Southern Scottsdale in May 2008:
Square Footage: 1677Bedrooms: 3Bathrooms: 2Sale Price: $285,119
And here is … (0 comments)
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seller information: The end is near! - 06/03/08 05:34 PM
Here is a chart showing the average home price in Southern Scottsdale over the last year:
In May '07 the average price was $303,242, while in May '08 the average price was $252,754. That is a drop in value of about 17% over the last year. I believe it … (0 comments)
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seller information: Sales activity over the last 8 years. - 06/02/08 04:04 PM
Here is a chart of the number of home sales in Southern Scottsdale each month over the last eight years:
As you can see, there is an interesting trend as home sales go down at the end of each year. This is very common in the industry, as demand for real … (0 comments)
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seller information: May is lookin' good. - 05/30/08 04:53 PM
Well, the month is not over yet, but I figured I would run the numbers anyway. Currently, May is showing 100 properties sold in Southern Scottsdale. Compare that to April which had a total of 103 for the month. Taking into account that not all sales are in for the month … (0 comments)
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seller information: Lancaster County, PA Home Sales Price Update - 05/30/08 04:28 PM
For a long time Lancaster County, PA home sales had been slowing, but with increased median prices. However, for the latest available report from the Lancaster County Association of REALTORS, the average sales price in April was $181,510, down 8.9% from the average price of $199,250 in April 2007.
In addition … (4 comments)
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seller information: Mortgage Insurance Underwriting Change - 05/30/08 02:38 PM
Mortgage insurance will be harder to get after June 1, 2008, now that MGIC, the Mortgage Guarantee Insurance Corporation, will stop insuring certain classes of loans.
Underwriting changes mean that the following classes of applications will no longer be eligible for mortgage insurance after June 1:
Reduced Documentation/No Documentation loans
Investment properties
Cash-out … (0 comments)
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seller information: Decluttering Tips and PODS (Portable On Demand Storage) Discounts from the Wagner iTeam - 05/29/08 10:04 PM
A fundamental part of what the Wagner iTeam - Colorado Springs Real Estate Connection does is make people move. At the close of almost every real estate transaction, our Seller clients move OUT OF their old homes and/or our Buyer clients move INTO their new home.
For our Seller clients, we … (2 comments)
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seller information: Days on the Market - 05/29/08 03:32 PM
I ran the numbers on the average amount of time it takes to sell a home in Southern Scottsdale.
Of the homes that sold in April, 2008, the average time on the market was 124 days, or 4 months.
Remember, these are the homes that did sell. There are currently more … (0 comments)
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seller information: BIG NEWS! - 05/27/08 04:14 PM
Wow, it is all over the place: US Home Prices Have Record Drop
While prices have had a significant drop in the last few months, keep in mind that prices also had a record increase back in 2005.
What I find interesting is the amount of media attention this is getting, … (7 comments)
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seller information: How Many Chances Do You Have to Make a First Impression? - 05/23/08 11:54 AM
Oh yeah, it's only ONE! Don't waste time, effort and energy trying to sell a house that doesn't stand tall!
Buyer's are looking for reasons to say "NO" to a property. Don't let them drive by your gem, because you didn't take care of some easy to remedy issues on the … (2 comments)
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seller information: I Don't "Sell" Houses - 05/20/08 04:47 PM
Don't misunderstand me! I come from a sales background, and I believe that honest sales is a noble, useful and necessary profession.
Having said that, buying or selling a home is one of the most complex transactions that most individuals get involved with. It's not comparable to a barker selling the … (12 comments)
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seller information: Auction your Saline real estate - 05/14/08 10:12 AM
The traditional method for selling your Saline real estate is to list it with a Broker. By "traditional", I mean only that most sellers choose this method. You ask your friends and relatives for the name(s) of reputable Realtors®. You contact each of them, making note of the ease of reaching … (1 comments)
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seller information: The Importance of Pricing - 05/09/08 10:23 AM
In good times and bad, in buyer's markets or seller's markets, the number one influence on the sale of your Saline real estate is Price, Price, Price. Oh, sure, the three most important issues to most buyers (and sellers) are Location, Location, and Location. But unless you have a mobile home, … (2 comments)
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seller information: What $4 gas means to Saline real estate - 05/05/08 08:58 AM
When the gas pump turns off automatically at $50 while filling your tank, you know that gas prices are REALLY high. But, what does that mean for Saline Real Estate?
Most of the articles about the price of gas are based upon an implicit assumption: that the price of gas is only … (2 comments)
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seller information: Why You Need a LOCAL Real Estate Agent - 05/01/08 09:31 PM
There are several country-wide internet sources that purport to give you a long-distance estimate of what your home is worth. Many of these sources rely on public records and owners' estimates of what their homes are worth.
I'd like to give you a glaring example of why many of these estimates … (17 comments)
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seller information: Easy Steps To Follow In Fixing Up Your House - 04/14/08 11:50 AM
Homeowners, it isn't as hard as you think to make improvements on your house. In fact, with just a little cash, time and energy, you will be amazed at what you can accomplish. One of the key things to remember is you don't want to put so much money into your … (1 comments)
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seller information: Shop, or Buy? - 04/11/08 12:32 PM
Just another quick note to let you know about recent happenings in the Saline real estate market, and with a question: Do you Shop, or do you Buy?
What's the difference?
Shopping means that you check out all of your available options and research until you conclude which choice is best for your … (0 comments)
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seller information: That sound you heard was my jaw hitting my keyboard – Reply from Michele Bachmann - 04/04/08 09:11 PM
OK much better now, I received a call from Michele Bachmann's staffer Julie Quist today in response to my invitation to come to St Cloud to discuss the housing situation. They are working on setting up a meeting for May 9, 2008 at the Schwan Center, 1700 105th Ave Ne, Blaine, … (0 comments)
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seller information: Misleading Real Estate Statistics - 04/04/08 04:12 PM
Every month new statistics are published regarding the state of the housing industry. Recently these statistics seem quite depressing! While not discounting the fact that the real estate market has been soft in most areas of the country, several factors combine to make these statistics somewhat sensational and rather misleading.
In … (17 comments)
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seller information: Invitation to Michele Bachmann of Minnesota's 6th District in the U.S. House of Representatives to come to St Cloud MN - 04/03/08 10:48 PM
I would like to invite Michele Bachmann to St Cloud MN to have a sit down with the community and the area REALTORS® about the housing market. I feel that at this time that it is very important for our representatives in Washington to hear from us the citizens about how … (3 comments)
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seller information: Curb Appeal - Part 1 - 03/26/08 07:28 AM
Despite the residual snow on the ground outside - I know, it's ONLY the end of March! - it's time to start thinking about ways to improve your likelihood for selling your Saline, Michigan home this spring.
Curb appeal is the aspect of your home which a prospective home buyer can see … (2 comments)
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seller information: Google Is The New MLS, Part 1 - 03/22/08 12:20 PM
I recently reread a post I published June 16, 2004 stating that 70% of home buyers began their search on the internet. That percentage has increased to 80% according to the 2007 National Association of Realtors Profile of Homebuyers and Sellers.
In 2004, the tech-savvy buyer began their search on Realtor.com. … (3 comments)
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seller information: More ways to get Top Dollar & Fast Sales! - 03/18/08 04:39 PM
I'm writing a series of 6 posts on the necessary items a home seller must do in order to get top dollar, in the least amount of time. It doesn't matter what kind of market you are in, these tips will put your home on the fast track for a top … (1 comments)
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seller information: Calgary Real Estate Market Predictions for 2008 - 03/12/08 03:52 AM
This posting is further to the Calgary Average & Median Sale Price Graph below.
The Calgary real estate market has changed significantly in the past couple years. With such high market increases everyone is left wondering, is the market going to increase...decrease.... or stay the same. To give a little insight here is … (0 comments)
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seller information: Some Great Denver Home Buyer & Seller Information! - 03/10/08 05:32 PM
I recently posted a few articles relating to the home buying process, and will be adding tips for home buyer's and home seller's, as well. This information will be useful to anyone looking for general real estate purchasing or selling education.
As markets have different traditions, and protocols, this is intended to … (2 comments)
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seller information: Lockbox? What's that? - 02/27/08 07:46 AM
When your home is listed for sale with a Realtor®, other Realtors® will be interested in showing your home to their prospective buyers. It is best that you are not at home during any showing. If you're in your home during a showing, the prospective buyer will feel uncomfortable about the … (4 comments)
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seller information: What Every Seller Should Know - Part III - 02/25/08 09:16 AM
Once you have an accepted offer on your home, there are a few things that you should know. For the most part, these are general ideas, applicable to most forms of real estate. Check with your Realtor® to be sure.
•1. The Earnest Money Deposit
When the prospective buyer writes an offer to … (2 comments)
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seller information: What Every Seller Should Know - Part II - 02/22/08 09:02 AM
While your your home is up for sale, there are a few things that you should know. For the most part, these are general ideas, applicable to most forms of real estate. Check with your Realtor® to be sure.
•1. Curb Appeal
Curb appeal is the term used for the first impression a … (0 comments)
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seller information: What Every Seller Should Know - Part I - 02/20/08 08:28 AM
Before you think about putting your home up for sale, there are a few things that you should know. For the most part, these are general ideas, applicable to most forms of real estate. Check with your Realtor® to be sure.
•1. Selling is a 4-step process
A B C D
Sale <-> … (2 comments)
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seller information: What's That Smell? - 02/15/08 09:05 AM
Oooh, that smell! Can you smell that smell?
Other than being a great song from Lynrd Skynrd, it's not something we, in the Real Estate business, ever like to hear.
One of the things my parents taught me, from an early age, is that you never get a second chance to make … (16 comments)
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seller information: Should I Go For Sale By Owner? - 02/13/08 10:33 AM
When it comes time to sell your home, one of your options is to sell your home yourself. Since it's always a good idea to consider the "flip side" of your decision, let's look at your "for sale by owner" (FSBO) from the perspective of a buyer.
Buying FSBO real estate has … (4 comments)
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seller information: Trickling Up? - 02/08/08 10:50 AM
Trouble
ahead?
Will the US economy impact our real estate market?
The downturn in the US economy has some Metro Vancouver
home owners and home buyers worried and asking, “Could it happen
here?”
The US situation
Right now in the US, a combination of a housing slowdown
and a … (0 comments)
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seller information: HOA - Whoa! - 01/30/08 09:10 AM
What the heck is an HOA?
It is an abbreviation for Home Owner's Assocation, which Wikipedia defines as "the legal entity created by a real estate developer for the purpose of developing, managing and selling a community of homes."
But what is it, really?
I've never lived in a place where I was under … (2 comments)
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seller information: A Car Wash Tale - 01/28/08 08:38 AM
Back in November, a blog auther (Doug Quance) whom I follow posted a fascinating piece about a car wash. So how does this relate to selling a home in today's market? Read it here to find out:
There's a lesson in all this, I promise you
In a transitional part of Atlanta, there … (2 comments)
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seller information: About Home Inspections - 01/25/08 09:50 AM
Once your offer to purchase has been accepted, a few things must happen relatively quickly, including the home inspection by an inspector hired by the buyer. A home buyer has a period of time, as outlined in the purchase and sales agreement and generally 7-10 days, to have the home inspection … (4 comments)
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seller information: Staging Tips & Tricks -- Dealing with Toy Clutter - 01/23/08 02:44 PM
Clutter is one of the biggest problems I face when helping to stage a home for sale and its elimination is critical to its staging success. And dealing with children's toys can be one of the more difficult clutter challenges to overcome. I'm working with a client in Lexington KY right now whose formal … (0 comments)
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seller information: The Home Inspection - 01/22/08 04:43 PM
I have found that many buyers and sellers—first timers as well as those with past home buying experiences – have a number of questions and misconceptions regarding the home inspection process. Buyers tend to think that the seller should take care of all issues on the inspection report. Sellers tend to … (0 comments)
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seller information: Read This Before Listing Your House As A Short Sale - 01/19/08 05:17 PM
Many people have been asking me about Short Sales. Specifically, how do you do one? First and most important, I believe there are many other things a home owner can do before taking the leap into a Short Sale. On the other hand, if you believe you are in a place … (0 comments)
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seller information: IMPORTANT INFORMATION FOR HOME SELLERS - 01/18/08 08:11 AM
Important Information For Anyone Contemplating the Sale of Their Real Property
You've cleaned the carpets, straightened out the closets, painted the interior, trimmed the hedges and the unmistakable aroma of freshly baked bread is wafting throughout your home. Your house is ready to sell in the shortest period of time at the … (1 comments)
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seller information: I Know the Neighborhood - 01/11/08 09:41 AM
When it's time to buy or sell a home, you want someone who knows the neighborhood where you live. I grew up in Ann Arbor, and have lived in Saline since 1985, so I know those neighborhoods the best. I've sold homes from Monroe (south) to Brighton (north), from Novi (east) … (2 comments)
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seller information: 2007 Colorado Springs Annual Market Report: List Price vs. Sale Price Ratios - 01/05/08 12:57 AM
The Colorado Springs housing market saw a strong relationship between asking price/list price and sale price (LP/SP) in 2007. On average, homeowners in Colorado Springs received 97.71% of asking price.
Neighborhoods with the HIGHEST LP/SP ratios were:
PWR (East of Powers Blvd.): 98.80% F/V (Fountain Valley / Fort Carson): 98.58% BRI (Briargate): 98.52Read more … (4 comments)
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seller information: 2007 Colorado Springs Annual Market Report: Housng Inventory - 01/04/08 10:00 AM
… (3 comments)
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seller information: 2007 Colorado Springs Annual Market Report: Average Sales Price - 01/04/08 09:32 AM
Great News! Colorado Springs homeowners saw a healthy appreciation in 2007! The Colorado Springs real estate market saw an average sales price of $269,075. This is UP from the 2006 average sales price of $264,755.
In fact, Colorado Springs has seen great appreciation since the MLS started recording data in 1994. … (6 comments)
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seller information: 2007 Colorado Springs Annual Market Report: Days on Market - 01/04/08 09:26 AM
In Colorado Springs, homes for salesat on the market for an average of 89 days in 2007. The lowest days on market were in July, at 74 days. The highest DOM was in January (104) and December (109).
Although the 89 day average is up from 76 days in 2006, and … (4 comments)
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seller information: The "Real" Role of a Listing Agent - 12/27/07 09:44 AM
Many homeowners expect their listing agent to do the same things that a selling agent does - find someone to buy their home. After all, they do the things you expect if they were searching for buyers. A sign goes up in the front yard. Ads are placed in the local … (3 comments)
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seller information: The FSBO Discount - 12/23/07 01:04 PM
STAR POWER® is a real estate agent education organization. Agents can subscribe to their free scripts to deal with various sales situations. Many of the scripts are corny, but occasionally I find one that offers sound advice, such as this one to advise a seller not to go FSBO:
Click here for the full … (3 comments)
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seller information: Our Top 12 Articles for Home Sellers in the Current Real Estate Market - 12/22/07 07:54 PM
The real estate landscape has changed. It is less of a strong Sellers Market and working its way toward a Buyer's Market. As a Seller there are a lot of new and different things to consider, as opposed to just a few years ago.
I have spent the last few months writing … (6 comments)
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seller information: How to Get More Bang for Your Buck When Marketing Your Home for Sale - 12/21/07 08:53 PM
When you have a home for sale, it is important to know how your real estate agent is marketing your home. Are you really getting the most BANG for your BUCK?For many years, (and when I say "many" I mean since the dawn of "real estate" time) print advertising was the … (10 comments)
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seller information: Provincetown Real Estate- Be sure everybody has signed! - 12/09/07 03:23 PM
I was reading today in the local paper about a Buyer who was disappointed on losing out on a property after the Sellers had verbally accepted his offer. The Sellers asked for a little more time to get the signed offer back to the Buyers Agent. In the meantime, the Sellers … (6 comments)
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seller information: Information for Sellers - 12/09/07 11:26 AM
Home Sales
2004/2005 43% of Buyers came from open houses2007 3% of Buyers came from open houses, 80% of Buyers came from the internet and other REALTORS
Prelist Home Inspection
Evaluates and identifies potential and actual problems, gives the seller time to repair or disclose to a buyer upfront to eliminate unpleasant surprises.
5 areas … (1 comments)
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seller information: Selling Your Home in Today's Market: Part Three - How to Compete Against Bank Owned Properties - 12/08/07 02:49 PM
The current real estate market has more listings and less buyers than we have seen in a long time. Some of the homes for sale are Bank Owned. When you are looking to SELL your home, and a bank owned property is your competition, you need to know how to effectively compete … (3 comments)
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seller information: Selling Your Home in Today's Market: Part Two - How to Compete Against "Desperate Sellers" - 12/07/07 08:54 PM
The rise in recent foreclosures nationwide has created a large group of home sellers that are desperate. These desperate Sellers offer a unique and serious impact on the Real Estate Market and can be difficult to compete against.
Who Are Desperate Sellers?
These homeowners probably also have an adjustable rate mortgage, and have already fallen … (4 comments)
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seller information: Selling Your Home in Today's Market: Part One - How to Compete Against "Motivated Sellers" - 12/07/07 08:09 PM
When looking to sell your home, you MUST know who your immediate competition is. The recent spike in foreclosures nationwide has created a surge in different types of home sellers - each with a uniquely different impact on the local real estate market.
Motivated Sellers are one of these types of competition … (6 comments)
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seller information: 5 Tips for Selling Your Home to First Time Home Buyers - 12/06/07 01:49 PM
The recent mortgage crisis has caused there to be fewer first time home buyers able to qualify for a mortgage loan and therefore less first time home buyers are out looking to buy a home.
If you want to sell your home, you need to know who your buyer is. No, you … (10 comments)
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seller information: A Foreclosure Buyer's Guide to Property Repairs - 12/01/07 02:55 PM
A Foreclosure Buyer's Guide to Property Repairs By Rick Sharga, Vice President of Marketing for RealtyTrac One of the most overlooked and underestimated expenses involved in the purchase of a home is the cost of repairs. Whether the problem is a defective part in an appliance, a structural problem overlooked by … (1 comments)
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seller information: The Best Time to SELL Your Colorado Springs Home - 11/27/07 02:59 PM
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seller information: Low Cost Ways to Spruce up Your Home - 11/17/07 08:56 PM
Sometimes the littlest things can make your home more appealing to a buyer. Here are just a few ideas:Burn Scented Candles(Warm Vanilla and Apple-Cinnamon are good choices, stay away from floral scents)Depersonalize the spacePut a pot of bright flowers on your porch.Edge the grass around walks and trees and keep lawn … (5 comments)
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seller information: SRES Candidate - Seniors Real Estate Specialist - 11/13/07 08:33 AM
I have recently completed training for the SRES designation of Seniors Real Estate Specialist(R), and am now a candidate for the designation, pending the results of the final examination and acceptance by NAR. I had the privilege of taking this 14-hour course as part of the very first class ever held … (28 comments)
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seller information: 10 Ways to Sell Your Spokane Home Quicker - 10/13/07 02:22 PM
10 Ways to Sell Your House Quicker.
Ok. So you are ready to sell your home. But with so many other properties on the market competing with yours, and fewer buyers able to quality for financing, you have a challenge. That's the bad news. The good news is that people will always … (4 comments)
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seller information: Provincetown Real Estate & Cape Cod Real Estate: Market conditions - 10/07/07 09:09 AM
As I reported several days ago in my blog, the market here on Cape Cod & Provincetown is doing well. Sales volume in August 2007 vs August 2006 was up a whopping 20.9% in Barnstable county (Cape Cod). YTD volume is up 2.1%.
Thus, in my opinion, even if sales nationwide are … (1 comments)
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seller information: Dispelling 3 Housing Market Media Myths - Myth #3: I Cannot Sell My Home in This Market - 10/06/07 08:23 PM
Now is ALWAYS the time to sell ... if you need to sell.
We do not always have control over life - do we EVER, really? We get relocated. We get downsized. We get outsourced. Our kids move out. Our kids move back in. Our health fails. Basically, our needs always change … (37 comments)
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seller information: A Story of How Just $3,500 in Pricing Is the Difference Between "No Showings" and "Multiple Offers" - 10/06/07 02:19 PM
Pricing is King. No... Correct Pricing is King. No ... Near Perfect pricing is King.
This Shifting Market has caused near perfect pricing to be more impotant now than ever. To illustrate this point, let me share a story that recently happened to Derek and I:
A little over 4 months ago, we got … (16 comments)
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seller information: Provincetown Real Estate & Cape Cod Real Estate: ID theft - 10/04/07 06:28 AM
You see it on the news almost everyday- identity theft. When I am working with Buyers or Sellers, I NEVER ask for date of birth or social security numbers! When buying or selling, your personal sensitive information should only be given to your mortgage lender and your closing Attorney or title … (0 comments)
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seller information: Dispelling 3 Housing Market Media Myths - Myth #2: We are in a Down Market - 10/03/07 07:11 PM
The Media loves drama and loves to play on words (semantics) to get the BEST LARGEST reaction possible. We all know this, but then we all wind up getting sucked into the vortex of "Oh no! Did you hear what they said on CNN/FOX/CBS/ABC/MTV/NBC?!?" I do it. You do it. We … (47 comments)
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seller information: Dispelling 3 Housing Market Media Myths - Myth #1: There is a National Housing Market Crisis - 09/29/07 06:01 PM
You cannot wake up in the morning without hearing something about the plight of the national housing market. There are so many factors that are never discussed with the media, regarding the current "situation" of the housing market. Because there is so much information missing, it is hard to trust ANYTHING … (12 comments)
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seller information: What to Expect From a Competent Real Estate Agent (An Active Rain Announcement) - 09/29/07 10:48 AM
We can all agree that the real estate market is not what it was even a year ago. These are some of the terms that I have heard, and some terms are more applicable in some areas than others:
Down Market Buyer's Market Shifting Market Correcting Market Oh-No-What-Just-Happened Market Regardless of … (25 comments)
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seller information: Latest Update for the Housing Market in Winslow NJ? - 09/28/07 02:55 PM
The following is the latest update as to the housing market activity in Winslow Township NJ, including the areas of Sicklerville and Cedarbrook. That is one of the many things that we do for our customers, analyse the market and letting them know what is happening in their market area. So, the following … (0 comments)
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seller information: Are You The Windshield or the Bug? - 09/26/07 04:57 PM
Some days you're the windshield; other days you're the bug... I was reminded of this old saying recently as I read all the hand-wringing stories of how bad the housing market has become.
If you don't have a long term perspective, I'm sure it looks like the worst of times. Sub-prime … (6 comments)
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seller information: Provincetown Real Estate: Pricing your condo or home correctly - 09/17/07 10:04 AM
I know someone who put his property on the market for $449,900, he felt good about its chances of selling. After all, it had an updated kitchen, a finished basement, and a great backyard. Eight months later, the house finally sold for nearly $75,000 less than the initial asking price. People, … (0 comments)
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seller information: 3 Reasons Why Open Houses Do NOT Work in Colorado Springs - 09/16/07 08:07 PM
Here I sit at an Open House for 3 hours, listening to Jack Johnson, organizing some of my files, and writing this. Why? Well, I am not going to get any more than one or two people stopping by, at the most. So, I have PLENTY of time.
We all see … (29 comments)
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seller information: Tips For Flippers - 09/07/07 04:48 PM
I remember the real estate market in 1981 and 1982, when adjustable rates soared to 18% and more. I was caught with some of those terrible mortgages on investments, and I learned some valuable lessons.
I found out that the limit of your profit, if you are planning to fix and … (10 comments)
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seller information: Provincetown Real Estate: Maintain your title V septic - 09/06/07 05:41 AM
Many properties here on Cape Cod have private septic systems called "Title V". These septic systems on average last 20-30 years- depending on usage and whether they are checked at least once every couple of years. It is very important to have your septic pumped at least once per year by … (0 comments)
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