real estate

Real estate tips: Things to know when selling a property online

Friday, November 23rd, 2012

You need to leave a very good first impression to any prospective buyer of your property. If you are planning to put your property on sale, you need to make it look great for a sale. Most property buyers browse the internet when looking for a good purchase even before talking to any real estate agent. As a seller, the online property listings is a great staging venue for your home. Here are some tips to ensure that your house will stand out:

Research about the competition

Knowing how your property compares to other similar properties is very important so you can market it properly. Find out how much other properties are selling for and look at their best selling points. This will help you focus on the best assets of your home and make it more noticeable to buyers.

Flaunt the potentials

You need to showcase the best features of your property. You need to look at it at from the perspective of a buyer. Walk into every room and see what you like most about it if you are planning to buy the house. Make sure you do not have any clutter anywhere. Point the spotlight to things that will convince the buyer that its the property he is looking for.

Use some good lighting

When you take photos of your home, make sure you have very good lighting. The images of your home are the most crucial part of your ad online. You need to produce high quality images to give a good impression about your home. A well-lit space will make it look cleaner, more appealing, and bigger. Make sure you fix any flaws at home before putting it up for sale.

Promote thru social media

Once you have posted your ad online, make sure you will get it out to most people you know and don’t know. Tap the power of social media and promote the real property sale in every venue possible like Twitter, Facebook, Pinterest, among others.

Do’s and dont’s when choosing the best real estate agent for you

Tuesday, June 19th, 2012

questionable-agentChoosing the right real estate to work with you has a big impact on the home buying process. Here are some practical tips on how you can get the best real estate agent to represent your home:

Do’s

  • You need to make sure that you are comfortable talking with the real estate agent. There should be that rapport to ensure that the business will go smoothly.
  • List down your expectations and discuss this with them so goals can be set and achieved.
  • Interview the potential agent very well. Ask for their plans and how they will execute them so you can get the property that you want.
  • Get the right agent. You want to get someone who specializes in buying a $200K property to get your $200K house and not a $2 million worth of real estate.
  • Research very well. Make most of the internet and local listings to find the best real estate agent that you can work with.
  • Ask your friends and relatives if they have worked with an agent that they can recommend to you. Remember though that it does not follow that if the agent worked well for their set up, that the same agent will be a perfect fit for you situation too.

Dont’s

  • Never get a loved on or friend to be your real estate agent. You do not want to put your relationship with them in danger in case the deal does not go well. You need to find someone that you can be professional with, someone you can speak your mind to without worrying about relationships.
  • If you have not picked the agent for you, do not engage with someone until you have made up your mind.
  • Do not get someone who represents both seller and buyer. You have to be wary of transparency issues in these situations.
  • When it is not working for you, you have to be honest with your agent and break it off with him or her. Be respectful and tell them your reasons why you have to let them go.

Real Estate Tips: Quick Staging when you are selling your home

Friday, March 9th, 2012

You might have a great set of furniture but your unique wallpaper might not appeal to a lot of potential buyers. You should see the home from the perspective of a buyer and this should guide you how to enhance the property. Here are some practical and quick fixes to dash up your home:

Make the entrance inviting

People who are looking for a home to buy usually drive by to check the property out before deciding to contact the seller. The area near the front door should be nice and you will almost likely be contacted so the interior can be checked.

No Clutter

Put away any stuff which may distract your target buyer from focusing on the property. Put away boxes, knickknacks, and photos so the square footage of the house can be clearly appreciated.

Showcase your space

You need to arrange the furniture so you can show how big the spaces are. Remove unwanted pieces so you can create a smooth flow of traffic when you give a tour of your house. Clear the walls of your furniture so the buyer can go around the perimeter of a certain room and it will also help to make the room look bigger.

Reduce odors

Smells will make an impression to potential buyers. Make sure you remove odors of cooking, smoking, or of pets. Make it as fresh as you can. Open the windows before you do an open house. Boil some cinnamon or bake some goodies to make it smell nice and fresh. Clean the rooms and fixings thoroughly and make everything squeaky clean.

Do necessary repairs

Go around your home and make sure you fix the things that need some fixing. Check the walls, ceilings, faucets, cabinets, and other parts of the house. Pretend that you are buying the home and check what the buyer might check out.

Questions to ask yourself when buying a vacation home

Friday, November 18th, 2011

If you are contemplating on buying a vacation home, you might want to answer these questions first:

Where to buy?

One of the most important consideration when buying a vacation home is the location. You might like a place when you visit it the first time but you have to think long-term before buying a property.

You need to think how you will get to your vacation home. Most vacation home buyers actually opt to get real estate which is a around fifty miles away from their primary home. As much as you want to get a beach front property in a tropical island, you should be realistic since you will not go there for a weekend get away.

Are you buying it to be rented out? You might consider this if you need an extra income so you can pay for the mortgage of the vacation property. If this is your concern, you need to get a vacation home on a popular travel destination where tourists sought for short-term accommodations.

Can you afford it?

Times are tough and having a second mortgage is another responsibility. Do the math first and do it right since your dream vacation home might be your worst nightmare if you cannot pay for it.

Think about financing since you might be paying higher down payment and get higher interest rrates for a second home. You also need to think of how you will handle the insurance and maintenance.

Will it be a smart investment?

If you are planning to get a vacation home, it might help if you will also think of it as a rental property. You will not be using it all the time so it will be wiser to have it rented out. So when looking for a property look for something that can be rented out.

How will the vacation property affect your taxes?

As an investor you should know how getting a new property will affect your taxes. You do not want to have problems with the tax collection agency. You also need to prepare additional paper works if you want to rent out the vacation home. If you rent it out, this will be an additional income and might be additional capital gains tax for your books.

Negotiate With Home Owners — How To Do It: 2

Saturday, March 20th, 2010

Negotiation-main_FullNow that we have talked a little bit about the fear that is associated with negotiating the price of your dream home down, let’s get to the root of the fear.  Do you think that the home owners are going to turn you down?  So what if they do?   At least you asked.

There is an old saying that you can not get the answer of no unless you try and that is all you are doing, is trying.  Now, if you really want to make an impact on the price of the home, you have to ready to walk away.

This is a huge step.  If you are serious about the sale and the price that you want, you want to make sure that you are ready to walk away from the sale if the home buyers do not cave.

Negotiate With Home Owners — How To Do It: 1

Friday, March 19th, 2010

negotiatePurchasing a home, especially right now is very expensive.  There are so many things to consider but if you feel that it is the perfect time for you to purchase a home, well then you need to learn exactly how to negotiate to get the best deal.  To be honest, most home buyers do not understand the power of negotiating but there is power behind it.

Is the price of the home you want too high?  Well then, that is where your negotiating skills are going to come into play.  To be honest, you negotiate every single day, what is so different about doing it for the home of your dreams?

Well, most people are scared of doing it but negotiating is not something that you should ever be scared of … ever.

Outdoor Lighting Trends: 2

Saturday, February 27th, 2010

foscarini modern outdoor lights havana bassaTouching just a little bit on the outdoor lighting options out there is not enough, it needed another post.  One thing that you need to remember whenever you are dealing with outdoor lighting is the fact that gold is out.  Gold is a color that used to be extremely popular but now, it is actually out and blacks and silvers are in.

If your home is a neutral color like white or even beige, you definitely will want to stick with blacks and silvers, as they will really work well with your homes color, but if your home is an unusual color, you may want to investigate a little bit.

Another option for outdoor lighting that is becoming very popular is tree lighting, as this creates some great night-time focal points around your yard!

Some Ways To Make Your Home Greener: 1

Friday, October 23rd, 2009

1_yellow_houseIn this day and age – real estate is all about how green your home is and honestly, the greener your home is, the better chance it has to sell and that is surely what you should be concentrating on whenever you are looking to sell your place.

There are tons of little things that you can do to make your home greener and in the next few blogs, we are going to talk about some of those ways.

The first way is by adding in a porch – new covered porch shelters are actually fantastic to keep the morning rays out of your home so you do not have to kick on the AC as much in the summer time.

Finding Real Estate When You Are Out Of State: 2

Friday, October 16th, 2009

relocatingNow that you have figured out exactly what neighborhoods or towns you are going to be looking into, the next logical step is going to be researching them.  You want to make sure that they are safe for you and your family so go ahead and look online and make sure that these neighborhoods and towns are going to be extremely safe.

Next, you are going to have to figure out if you want to rent a place or if you are going to buy a place.  Honestly, this is going to be the biggest decision, because if you buy – you might be stuck there but if you rent, it makes it easier for you to relocate again.  After this decision is made, go ahead and contact a real estate agent.

What most people don’t realize is that real estate agents can actually help you with renting and buying, so no matter which one you want, make sure that you keep your agent informed.

How You Can Repair Your Credit To Buy A Home!

Friday, September 11th, 2009

Credit repair Repairing your credit is something that can be difficult – there are many different things that you need to do and to be honest, it is going to be a long process and one that isn’t easy.  Your credit history is something that is going to follow you for the rest of your life and if you have made some bad credit choices, it is not the end of the world – you can bring up your credit score.

The first way to bring it up is to ensure that you have paid off any debt that you might owe.  That way, you can be sure that you are starting with a fresh and clean slate.  Next, get yourself a credit card that has a very low minimum and only spend on it when you really need something – and always make it small. 

The idea is that you want to pay off your credit card every single month, as that is going to be what brings up your credit score.