Wednesday, October 15, 2014

Low ball'in


     Everyone loves a great deal.. who doesn't!  However.... the chart above will show you how it almost never happens in real estate.  This chart shows BURLINGTON, UNION, HEBRON, FLORENCE  from home prices 150,000-200,000. the gold line shows what the house was on the market for & the blue line shows the sold price. 
     The number one thing that I try to inform my client of is offering a realistic amount.  Sure every home is different but this isn't craigslist. Agents in 2014 list homes at prices that they should be listed for. Agents no longer take a listing that's going to sit for 2 years because the price is way too high (unless its in a hard to sell area or the potential sell price is high ).
      How will you know what to offer?  Your agent (who I hope is me) will pull up homes that have sold that are similar in the past 6 months and see if they are close in price.  Some buyers will do their own search but please please know that those "so called real estate sites" have a ton of false information and are also missing homes that should be included. 
     Im not telling you to not try for the 35k below asking price, im saying please listen to your agents advice on which home that is acceptable to do that on, not all qualify for low ball offers. 


KEEP IN MIND HOMES IN NKY IN SEPT. SOLD FOR 97% OF THE LIST PRICE
example: if the home is listed for 150,000 will sell for around 145,500.


    

Tuesday, October 14, 2014

When you are selling your house LEAVE

    Let me clear that up, what I mean is when you are selling your house and you have a showing.. leave.  Do not for any reason stay there.  Even if you just leave and park a few houses down the street.  There is nothing creepier then  trying to view a home while the owner is still there.  I have had owners wait on the porch which is just as weird. Trust me all that the buyers and agent are thinking is how uncomfortable they are and cant wait to get to the next showing. It makes it hard to picture it as your next home when the original owners are still living in it.
      I didn't want to sugar coat that because its just easier to be honest. You don't want to lose out on an offer over 30 minutes of inconvenience.

Monday, October 13, 2014

Never judge a book by its cover

     We have all heard the saying "never judge a book by its cover" but yet we are all guilty of it.  I cant not tell you how many times I have shown a house and the potential buyers love the inside but cannot over look all the work needed outside. 
     If your lucky to build new then this problem probably doesn't apply to you, however most buyers will be moving into neighborhoods that are already built.  If you are planning on staying in the home you will be buying for a while then please do not pass up your dream home because of the outside.  Many think that there's no way to fix the structure outside... I'm here to tell you, there's hope!  All you have to do is have vision to see past the eye sore and trust me as your agent to show you its possible..