Homeowners, have you ever had someone tell you they love your home so much they would buy it but then nothing happens…
In this video, you will learn how to deal with “feel good” offer aka verbal offers. You will be able to eliminate the not so serious buyers and get an actual written contract, which is what matters at the end.
We’d be happy to talk under no obligation.
Home sellers may think their home is worth a certain price while home buyers may think it’s worth a different price. Not only should you go by the market value of your neighborhood to determine the value of your home but also through buyer feedback.
Every home buyer is different, but throughout our experience with home buyers, we have noticed these 3 factors come up the most that buyers look at in a home to determine the home value.
Buyers look for the costly updates such as a new roof, impact widows and flooring. These updates can make a difference when buyers are comparing it to other homes in the neighborhood.
Is the home an open lay out or not? Is it a split bedroom layout? Depending on the buyer’s needs this will also determine whether they make an offer on your home or the other home for sale down the street.
No home is the “perfect” home for a buyer. Home buyers will always want to make a few changes here and there. The questions is, how much time, effort and money will it take to makes these changes? The fewer the changes they need to make the more value they will add to the home.
RELATED: One Way to Get the Wrong Value on Your Home? Ask Your Neighbor!
Buyers determine home value by a process called “comparison shopping”. Buyers compare the three factors mentioned above, against similar properties in the neighborhood to make a decision.
Hiring the right real estate agent to assess the value of the home is important, even more so than advertising. Not having the right price on a home can mean the difference between a house selling in 30 to 60 days as opposed to not selling at all.
Contact us today, to help you determine the true value of your home! (no obligation!)
I have had homeowners face the dilemma of being ready to look for their dream home but are not sure whether they need to sell their current home first to buy their new home.
You may think you need to sell your home first in order to buy a new one. Reason being, most often, you need the money from the sale of your home to go into buying the new home. But, the dilemma is you may not want to put your home for sale before finding your dream home.
What if I told you, you can buy your new home and sell your current home at the same time?
Yes, this is possible! I have done it numerous times with my clients in the past with the same situation. With the right knowledgeable real estate agent, you can put your home for sale, look for your dream home, get both homes under contract and close at the same time.
Selling and buying at the same time is known as a simultaneous closing. At the time of closing your current home, you can transfer the proceeds directly to the purchase of your new home!
All it takes is the right timing, marketing and negotiation skills from a professional real estate agent with experience in simultaneous closings. No hassle of moving twice or moving into a hotel or a family’s home while waiting to buy.
Fell free to reach out to us for a NO obligation consultation on whether selling and buying your dream home at the same time is right for you! We will guide you through the whole process, from beginning to end and even beyond to ensure all is well after closing.
If you want to get the wrong value of your property, talk to your neighbors. When I speak to homeowners, I often hear the same story. They have spoken to a neighbor across the street and are being told they sold their property for “X” amount of money. Then, the homeowner follows up with a neighbor situated behind them. This neighbor also says that their property sold for a similar sum of money.
The homeowner then believes that their property is worth this magical “X” amount. At this stage, I immediately go to the county tax records. Ninety-nine percent of the time, the information provided by the neighbors are incorrect.
Now, I don’t believe that the neighbors are bad people who are intentionally trying to be misleading. My gut tells me that in most cases, these people are hyping up the results. As a way of appearing successful to others, they inflate the price. It’s human nature.
Long story short, If you’re trying to determine the value of your property by asking your neighbors, be sure to verify the data first so that you’re working with accurate numbers.
RELATED: 2 Reasons Zillow Gets Home Values Right, Half The Time
A simple way to do so is by calling a local real estate agent who can verify this information in no time. We can help you determine the true value of your home with accurate sold prices in your neighborhood. Contact us today to find out with no obligation!
Selling a home is no easy task. Even more so, if you are under the pressure of having to sell your home fast. The reasons can be from job relocation to unexpected life events that are forcing you to sell now.
Being under pressure to do anything may cause you to do rash decisions. When it comes to the sale of your home, making rash decisions can cost you a lot of money!
Many homeowners believe if they need to sell their home fast, they need to price it way under market value. As a result, they end up losing money on the sale. The truth is, you can still make a quick sale (and I mean, within a month!) still on market value!
By pricing the home right on fair market value. How do you find out the right fair market value for your home?
Your best chance is by hiring a top real estate agent in your area. You need to have someone knowledgeable of your neighborhood market and with experience in getting the job done fast!
A top real estate agent will guide you step by step through the whole process, relieving you of that added stress.
With 16 plus years of real estate experience, we have helped many homeowners sell their home on time and on price.
Fill out the form below for a FREE consultation, and we will be in contact right away!
I spoke with a homeowner who had their property listed for three months and had zero buyers go see it. I could not believe it when I heard it, I was in disbelief because we are in a sellers’ market and their house was not selling. There are many buyers out there searching for their ideal home. Therefore, if a home is not getting any showing requests within a month, then there is something up.
Here are the 3 reasons your house is not selling:
Is your house properly priced? This is the first and most important question to ask if your house is not being shown. Odds are, it may be overpriced and buyers are discouraged to go see it.
Now, how do you overprice a home? Many homeowners compare their homes to their neighbor’s homes that may also be for sale. Do not compare your home value with currently for-sale homes in your neighborhood. Your best bet is determining your home price based off the recently sold prices in your neighborhood and the condition of those homes. Similar homes to yours may have upgrades while others don’t and the condition varies. All these factors help determine the correct value of your home.
Read more: One Way to Get the Wrong Value on Your Home? Ask Your Neighbor!
First impressions count! Having good professional quality pictures of your home is a must! Your house pictures are the first impression buyers will have and you want to make it a good one so they can set the appointment to see it.
In addition to good professional quality pictures, your house is not selling due to poor advertising. Where these pictures and details of your house are being advertised are very important. They need to be advertised in at least every major real estate website, such as Zillow, Trulia, Realtor.com, etc.
Furthermore, with so many people on social media all the time, it has become as important as the major real estate websites, for advertising your home for sale.
So now you know you need good professional pictures, but how will your house show in those pictures? It is not enough to have good angles and lighting in the pictures, but the actual house needs to look good too.
Therefore, ask yourself these questions. Is your house nicely organized? Is it de-cluttered? Are the walls painted in appealing colors?
Many times I have encountered listings with poor pictures or pictures where the home does not show well and my buyer clients do not even bother booking an appointment even though the description fits their criteria.
If you are working with a real estate agent and your house is not selling, you need to get clear answers from your agent as to why this is happening.
My point is, in real estate, things can move quickly while other times, they may not. Therefore, no matter what direction the housing market is heading, you need to be aware of the causes. Not only that, you need to know why certain things are or are not happening. And have a clear understanding of those reasons. If you feel like you are not getting clear answers, it may be time to move on to a different agent.
We can help! With over 16 years of experience we are confident to get the job done!
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Mario Avalos 