keller williams brainerd agent: My Role in the Offer is an ADVISOR
- 10/15/11 11:28 AM
I like how Paula addresses this issue. We as real estate agents work in the capacity of advisors or consultants. While we can give our buyers information and share all that we know about comparable solds, we are not the ones to set the offer price. If the buyers want to make a low ball offer that makes our hair stand up- we can refuse to do so and let them move on to another agent or we can go ahead and make it, hoping it will be accepted, countered or flat out rejected. In that way, they hopefully learn a … (2 comments)
keller williams brainerd agent: May Good Listings be with You!
- 10/06/11 02:25 AM
Janice did such a great job on this presentation that I had to share it. Home Staging can make a huge difference in the way a property is perceived and reflect in the desirablity and value. From an appraisors point of view the number of bedrooms, square footage and style of home remain the same. From a buyer's point of view those things also do not change but they look differently. If a 3 bedroom is perceived to be spacious compared to a crowded 4 bedroom home and the number of bedrooms is not crucial- the clear choice may be the … (1 comments)
Kathleen Lordbock of Keller Williams Realty Brainerd Lakes has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when the area is ravaged by “distressed” homes in the foreclosure process.
Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though it is lower than what is owed on the property. With plummeting property values, this … (3 comments)
keller williams brainerd agent: NAR video on the state of home sales for 2011
- 03/28/11 03:52 AM
This video is directly from Laurence Yun from the National Association of Realtors. Things are continuing to change in our real estate markets with some drastic changes being very localized. The cost of new construction is now much higher that purchasing an already built home- which we see playing out in the Brainerd Lakes area of Minnesota and construction of new homes therefore slowing to a crawl. People are entering the market to pick up properties at low prices. Cash transactions seem to be much higher than normal- suggesting that there are investors rushing in with all cash or first time … (0 comments)
keller williams brainerd agent: It Is Up To You, Mr. Seller
- 01/29/11 02:42 PM
This should be required reading for all those homeowners who are even thinking of selling. It is hard work, inconvenient, and so worth it if you need to do so.
It Is Up To You, Mr. Seller So, Mr. Seller, you’ve made a decision that you want to sell your home. Scratch that. You’ve decided that you need to sell your home.
That’s great. You start looking at what other homes in your neighborhood are selling for. You research market statistics on homes that have sold. You peruse some websites that allow you to obtain a … (2 comments)
1.Decide what you can afford. The best way to do this is with a visit to your favorite lender – that way you will know what price ranges you can search in. 2. Get your credit in order. Obtain a copy of your credit report to make sure it is accurate and to correct any errors immediately. A credit report provides a history of your credit, bad debts, and any late payments. 3 Determine your mortgage qualifications. How large of mortgage do you qualify for? Also, explore different loan options — such … (5 comments)
keller williams brainerd agent: All I want for Christmas is a new house! Hiring a personal shopper.
- 12/19/10 12:31 PM
Do you mean it-are you serious about buying a home? Do you really want to take advantage of record breaking historically low interest rates, low home prices and a huge inventory? If you answered YES to any of the above questions: do it now- what are you waiting for? Here in Central Minnesota the holidays are fast approaching, the snow is flying and rates are slowly beginning to rise. We have houses priced to sell and move in ready, fixer-uppers and luxury lake homes. Your home search will find you just what you want for Christmas. Better yet- let me be … (8 comments)
keller williams brainerd agent: Everything Will Sell, Eventually
- 11/16/10 02:38 AM
So true, so true. There are many factors that go in to getting a home SOLD- changing all that you can is the best strategy. Clean,staged, some updates, lower price than the competition will surely go a long way in this present market. If you do nothing- probably nothing will happen! I plan to share this with clients- thank you,Dan.
Sellers who have selling experience under their belt, as well as real estate licensees who have "been around the block" know; Everything sells - eventually. What I mean when I say that is there are only so many factors that need … (0 comments)
Just when you think that they can not go any lower, interest rates drop slightly. Wow, if you are waiting for homes prices to drop even more, remember that when these interest rates climb- the game changes. … (1 comments)
keller williams brainerd agent: Interest Rates for October 4, 2010
- 10/04/10 03:19 PM
Wondering what the current rates are in the Brainerd Lakes area for October 4, 2010? Well, here you go. If you are wondering what you could buy with one of these low interest loans- give me a call and I will help you find just what you are looking for. Hunting land, building lots, already built new construction or a home looking for a new family? A luxury lake home on one of the Whitefish Chain lakes or how about the Mississippi River? Foreclosed on properties or a Short Sale? … (0 comments)
keller williams brainerd agent: Interest Rates for August 12, 2010
- 08/12/10 03:49 AM
And they just keep going down.............. My last VA buyer locked in at 4.25% which was an amazingly low rate, thinking that they could only go up! I am seeing a tightening for lending, with many hopefuls being turned away because they do not meet the higher standards for lending. I do think that this is a good thing overall, although they probably would have bought homes from me now and then somewhere down the road I would be helping them sell their dream home turned into financial nightmare. This way they can work on their credit, actually get a … (3 comments)
keller williams brainerd agent: Overpriced Homes-Sell Slower and For Less
- 08/07/10 05:33 AM
In our present market buyers, if not looking for a bargain are certainly looking for good value. They can easily find that with our present vast inventory - at least in the Brainerd Lakes area. I know you love your home and think it is worth much more than others because of the memories, hard work and everything that you have done. Buyers are just looking at your home and many other homes - your home is in a beauty pageant and a price war- are you winning?
Overpriced Homes-Sell Slower and For Less If there’s anything we can … (4 comments)
Hey All, We all know that the tax credit is over for new buyers....except Military! It was a great "reason" to advertise, AND gave us something to talk about.... But did you know........that if you were under contract prior to April for the credit, that your rate was around 5.125% With rates today in the MID 4's, a buyer can basically buy about $30,000 MORE house? All WE need to do is change our advertising and get back to WHY it's a great time to … (4 comments)
Exterior painting can really help sell a house quicker and for more money! How much more value do you Real Estate Professionals think this paint job adds to the home below? What a difference a little paint can make. Check out these Before and After photos of a Melbourne, Florida exterior repaint. After we pressure washed this Melbourne home we repaired all of the staircase stucco cracks, applied a clear sealer (due to chalkyness), and applied two coats of Sherwin Williams A100 satin exterior paint. Before Pressure washing … (7 comments)
keller williams brainerd agent: The 7 Most Dangerous Short Sale Myths - Complete Version
- 06/26/10 03:42 AM
Distressed homeowner- do not just walk away! There is hope- there is help. For help with a Short Sale in the central Minnesota Brainerd Lakes area call Kathleen Lordbock, 218-831-8001 Kathleen LordbockREALTOR/CDPD/HSEKeller Williams Realty Brainerd LakesCell:218-831-8001Home:218-829-0339TopBrainerdAgent Contact Me @ WiseStamp Signature. Get it now
Don't let one of these dangerous myths land you and your family in foreclosure ... A short sale can be an excellent solution for homeowners who must sell and owe more on their homes than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand … (0 comments)
keller williams brainerd agent: Watch the Monthly Skinny in Real Estate MN
- 03/12/10 03:03 PM
This is the skinny for the Twin Cities area of Minnesota. Other areas of the state vary greatly from the figures quoted for the Twin Cities. We are seeing some changes here - in pricing, sales and a small upward climb in interest rates. Seasonally we should be entering our best sales season - with another jump in the Fall right before winter comes upon us. … (5 comments)
keller williams brainerd agent: Let the 2010 real estate games begin!
- 01/28/10 04:51 AM
There seems to be some confusion on housing market statistics and as usual , it all depends on who is paying for the report. In my area of the Brainerd Lakes in Minnesota, the sales of homes under $150,000 is picking up. The median priced range homes have slowed and we are seeing a dip in the luxury home market. With that said - buyers are still buying lake homes on desirable lots, tearing them down and building even bigger and "better". Homes are still selling and people are still buying. It seems that more people are putting their homes … (2 comments)
I like how Paula addresses this issue. We as real estate agents work in the capacity of advisors or consultants. While we can give our buyers information and share all that we know about comparable solds, we are not the ones to set the offer price. If the buyers want to make a low ball offer that makes our hair stand up- we can refuse to do so and let them move on to another agent or we can go ahead and make it, hoping it will be accepted, countered or flat out rejected. In that way, they hopefully learn a … (2 comments)
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