real estate: Upgrade Now, Sell Later
- 05/23/08 01:33 PM
I just ran into this situation with a client of mine. I brought in a home stager to give recommendations on improving the house for the market. Things on the list included updating the lighting, painting some walls, and fixing other cosmetic things throughout the house. One of the first things my clients said to me was, "We've been meaning to do all of that for years." So why wait? Why wait to update your house until you put it on the market? You'll spend your money and not get to really enjoy all that you've done. Updating will help sell the … (0 comments)
real estate: The real estate SWOT
- 05/23/08 01:30 PM
If you've ever taken a business course, you've heard the terms SWOT analysis and the 4-P's. While these ideas refer to a business plan, they can also refer to selling your home. A SWOT analysis is a detailed look at your Strengths, Weaknesses, Opportunities, and Threats. Once you determine these, you'll be able to figure out the 4-P's, Product, Place, Price, and Promotion. So here's how it works in real estate. You have a home you want to sell. You must determine the strengths of your home. What amenities does it have? What recent upgrades have you made? Is it located in a … (0 comments)
real estate: Getting an offer
- 05/23/08 01:28 PM
ongratulations, you just got an offer on your home. This is a fragile time in the process of selling your home and having an agent with negotiating finesse is vital. As of right now, most buyers are being told that it's a buyer's market and they can get a steal. In some parts of the country this is very true. In others, it's not so much. Multiple reports have said that Texas' real estate market is doing well compared with the rest of the nation. Dallas, more specifically, is doing very well too. Nevertheless, buyers are all too eager to hear … (0 comments)
real estate: To price high or not
- 05/23/08 01:27 PM
Had Hamlet been around today and worked in real estate, he may have said something like, "To price high, or not to price high, that is the question. Whether 'tis nobler in in the mind to suffer the slings and arrows of outrageous real estate prices..." Okay, so that might be a stretch. Almost all sellers I meet with go through the same though process. When I tell them the facts about pricing high (see my previous blog entry), there's always that little devil sitting on their shoulder making them think that someone else will be agreeable to their higher-than-the-market-will-bear price. … (0 comments)
real estate: Foreclosures: Buyer Beware!
- 05/05/07 11:52 PM
With the recent surge of foreclosure properties coming on the market, I have more buyers coming to me to find them a steal. That's excellent because that's what I'm here for. However, realistic expectations must be set when you start your foreclosure search. Some things to think about: 1, The sales price listed on MLS (if that's what you're using to find your foreclosure property) may not be the price you end up paying. A lot of times the bank will price the house around what other houses in the area are selling for. Many times, however, a foreclosure has not been kept … (29 comments)
real estate: The Art of Feng Shui
- 04/18/07 03:56 PM
Finding the right place to call home has become a lot different these days. Not only are schools and the number of bedrooms and bathrooms important, but now people are beginning to look for Feng Shui elements in potential homes. In brief, Feng Shui is the practice of arranging spaces to allow for proper energy (chi) flow. It aims to creat a balance in one's surroundings. The main purpose of this theory is to interpret nature in your general space and environment, make your lifestyle safe and comfortable, and improve your health. While there are various schools of thought on this subject, my Feng … (1 comments)
I just ran into this situation with a client of mine. I brought in a home stager to give recommendations on improving the house for the market. Things on the list included updating the lighting, painting some walls, and fixing other cosmetic things throughout the house. One of the first things my clients said to me was, "We've been meaning to do all of that for years.";)
;)
