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Tagged : Selling

Found 24 blog entries tagged as "Selling".

atttract

If your sellers are looking for easy ways to increase a home’s value and get buyers’ attention before their home hits the market, here are three quick fixes for kitchens and bathrooms from Matt Karlin, president and CEO of Nemo Tile + Stone.

1. Refresh with color. As a 20-year industry veteran, Karlin has seen a lot of color trends come and go. When it comes to selecting a palette that looks fresh and has broad appeal, it’s best to go with whites and neutrals, Karlin says. Plus, if your seller is working with a small bathroom or kitchen, he recommends favoring a pale palette because it will also make the space look bigger. Sellers could also add a border of metallic tile as an accent to the room to give it a more modern look, he says.

2. Update

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boot camp

UPCOMING HOME BUYING CLASS: Wednesday, October 4th, 2017 - 7pm -8 pm 

LOCATION: 647 N York Rd.  Elmhurst, IL 60126 - REDCO OFFICE

Click here to Register for FREE to attend.

 

The purchase process can be complicated. A growing number of real estate professionals from across the country are stepping up to offer clients home buyer workshops. Agents say the public demand for such workshops is growing.

First-time home buyer workshops are becoming more commonplace, according to U.S. News & World Report. Real estate professionals, lenders, and agencies approved by the U.S. Department of Housing and Urban Development are offering buyers tips about everything from getting approved for a mortgage and making an offer, to preparing to close on a

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use professional

When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles along the way. However, for the vast majority of sellers, the most important result is actually getting their homes sold.

In order to accomplish all three goals, a seller should realize the importance of using a real estate professional. We realize that technology has changed the purchaser’s behavior during the home buying process. According to the National Association of Realtors’ 2016 Profile of Home Buyers & Sellers, the first step that “…44% of recent buyers took in the home buying process was to look online at properties for sale.”

However, the report also revealed that 96% of buyers who used the internet when

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info

Some Highlights:

  • The National Association of Realtors surveyed their members & released the findings of their Annual Profile of Home Staging.
  • 50% of staged homes saw a 1-10% increase in dollar value offers from buyers.
  • 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own.
  • The top rooms to stage to attract more buyers are the living room, master bedroom, kitchen, and dining room.

Source: https://www.keepingcurrentmatters.com/2017/08/18/to-stage-or-not-to-stage-that-is-the-question-infographic/

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unkind

COEUR d’ALENE — Chad Mitchell is seeing the problem right up close.

“My parents could sell their house and walk away with something like $100,000,” said Mitchell, an agent with Century 21 Beutler & Associates in Coeur d’Alene. “You know, downsize and have that money to enjoy life.

“The market is going up, so they could get a good price. But what then? They sell, and unless they want to leave town, they’d be walking right back into the same housing market.”

Here is the issue that faces Mitchell’s folks and millions of other house-seekers nationwide: Baby Boomers are not selling homes, for those reasons facing the Mitchells but often because they’re comfortable and just don’t want the hassle. Some are still working, but it’s generally at home

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kitchen

Kitchen remodels don’t come cheap. The average cost to update a 200-square-foot kitchen—including installing new flooring, semi-custom wood cabinets, and standard appliances—is a whopping $62,000, according to Remodeling Magazine. Homeowners who want to add in more luxurious touches, such as stone countertops, a commercial-grade cooktop, designer faucets, and top-of-the-line custom cabinets, may pay as much as $123,000.

Before your clients gut their kitchen, advise them to consider more affordable options that can still make a big impact at resale. The New York Times recently spoke with designers to get some of their best budget-friendly tips for remodeling a kitchen.

Try painting or resurfacing cabinets instead of replacing them. “A bold color

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interior design

If an interior designer walked through the front doors of your listing, what would their first impression be?

Give the house an interior designer spot test before opening it up to buyers. Realtor.com® offers a few tips from behind a designer’s lenses in a recent article :

Traffic flow

“The first thing I notice is whether or not the furniture placement promotes good flow of traffic,” says Lorelie Brown, a Showhomes franchisee in Charleston, S.C. Open floor plans can make it tricky. For example, many living and family rooms have a focal wall anchored by a fireplace or television. The chairs and couch should be arranged to face this point but not in a way that prevents you from being able to walk around them, Brown says.

The fix: Remove extra

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dancing

Contrary to what many believe, Millennials are not the ‘renter’ generation. Millennials purchased a larger percentage (34%) of homes in the U.S. than any other age group in 2017 and the most recent Census Bureau report shows that the homeownership rate among Millennials is finally on the rise.

Many Millennials took advantage of post housing crash prices and the First-Time Homebuyers’ Tax Credit and jumped into homeownership in 2010. If you are one of these buyers, now may be the time to sell for many reasons. Here are a few:

1. Equity Build-Up

Home prices have been on the rise since the beginning of 2012 and your house may have appreciated by more than you think. ATTOM Data Solutions, in their Q2 2017 U.S. Home Sales Report revealed that:

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farm

More people are looking to experience farm life without buying an entire farm. That has prompted an emerging type of community that is catching on from coast to coast centered around food production, dubbed “agrihoods.” 

Suburban agrihoods began appearing in the U.S. in the 1990s. At first, developers offered them as an alternative to golf-centered communities. 

“What we learned over time was the majority of buyers in golf course developments did not play golf,” says Ed McMahon, senior resident fellow at the Urban Land Institute. 

So developers began putting farms at the centers of communities, which was a lower-cost form of green space that also helped to differentiate their neighborhoods. They discovered that home buyers were drawn to the

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check list

1. Gauge your need to sell.

  • Define your goals for the next 5-10 years.
  • Weigh the pros and cons of selling your house.
  • Figure out if you can afford to sell, move and buy a new home.
  • Calculate your home equity.
  • Research the local housing market.
  • Consider remodeling the home to fit your needs.
  • Weigh the pros and cons of renting out your home.

2. Calculate your selling expenses.

  • List the repairs and projects you'll have to do to get your home in selling condition and estimate the costs of hiring supplies and contractors.
  • See what projects you can afford and adjust how much you expect to get for selling your home.
  • To get top dollar, consider remodeling projects and green upgrades
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