Tuesday, December 22, 2009

Waiting to Buy a House Will Cost You Dearly

Waiting To Buy A House???? Waiting Will Cost You Dearly!!....

The average 30-year fixed rate loan with no points or fees is around 5%, as of today.
With rates being so well below the historic averages, it should drive all current and prospective homeowners
to take heed of this once in a life-time opportunity. And it’s exactly that, an opportunity of a life-time……
http://www.businessweek.com/lifestyle/content/dec2009/bw2009127_753974.htm

Sunday, December 13, 2009

Helpful Hint for Selling Your Home

Offer Selling Agent Bonus……..The Agent that brings a potential Buyer to your home is called the Buyer’s Agent or Selling Agent. In today’s market called a “Buyers Market” an added incentive to drive Agents to show your property more frequently may be just the motivation they need to work harder and to get top dollar for your property. I know many of you don’t like the thought of placing more commission in the Agent’s/Agency pockets, but the truth of the matter is, that Agent will work harder to get that property to closing, so ultimately it ends up being a win win situation all around.

Offer Incentives and Perks to the Buyer…..If a Buyer is sitting on the fence mulling over a few properties of interest, dangling a carrot in front of them may just be the determining factor to close. Consider incentives such as, paying “X” amount of dollars toward Buyers Closing Costs, pay for inspections or repairs, or home improvements, allowances or credits toward a particular improvement or upgrade after closing, or prepay property taxes or an annual country club membership fee at closing. Think of perks that would help to close that deal and set your home apart from others.

More helpful hints to pricing your home to follow…..Check back!

Tuesday, November 3, 2009

Selling Your Takes Hard Work

Selling Your Home Takes Hard Work

Pricing Increments……When potential Buyers walk into an Agent’s office and ask to see homes, they don’t usually ask to see homes listed at $249,700. They usually ask for a range. Like Homes between 225k and 255K. Most likely a Buyer’s Agent will search in 5K and 10k increments. Because of this, always consider pricing your home in ranges where it will drive the largest exposure to potential Buyers. For an example;
Asking price of $249,900 would get you the same exposure as 247,700, but dropping your price to 244,900 would widen the scope of inventory in your market therefore giving you a wider range of exposure.

More helpful hints to pricing your home to follow……. Check back!