Realestate Featured Article

How To Increase The Real Estate Value Of Your Home

If you are planning on selling your home, there are some simple things that you can do to drastically increase the amount of money you will receive from it. Remember that most people that will look at your home will also look at comparable homes in your neighborhood. Top real estate value can only be achieved for your home if it stands out from all the rest of the similar homes in the neighborhood.

Real Estate Value – The 60 Second And 60% Rule

A home has 60 seconds to make a lasting impression on the potential buyer, so make it a positive one. Experts agree that 40% of the buying decision is determined when the potential buyer first drives up and gets a glimpse of the house from the curb. Another 20% of the buying decision is made when the potential buyer first enters the house; in other words 60% of the decision to buy or not to buy the house has been made right after the prospective buyer enters the house. That should tell you that 60% of your time preparing the house for sale should be concentrated in the front of the house and in the area as you just enter the house

Most potential buyers are looking to get excellent value for real estate they invest in and are looking for an uncluttered home with a free-flowing floor plan, and bright, clean interior.

Real Estate Value – Tip Top Condition

Make sure you pay special attention to the front yard: cut and trim the grass, trim trees and shrubs, plant colorful flowers, and paint the exterior of the house, if needed.

Real Estate Value – Remove Clutter

It is recommended that you open up all tight traffic areas and remove some furniture from the home to make it look larger. Change the light bulbs to the maximum wattage allowed, and open all drapes, shutters, and shades. If you are going to repaint the interior of the house then use white, this gives the potential buyer a canvas to work with.

Real Estate Value – Appeal To The Buyer’s Senses

You must make sure there are no offensive odors in the house because nothing turns off a potential buyer like a bad smell. If you are going to have an open house, then turn off the TV, turn on some soft music, and make some fresh smelling cookies or bread.

Real Estate Value – Exposure

Pure mathematics suggest that, the more potential buyers that tour your home the better chance you have to sell it at top dollar. Make sure your marketing plan includes listing your home on the internet both locally and worldwide. Professional flyers and brochures distributed in the neighborhood is another excellent way to give your home exposure.

Real Estate Value – Don’t List Too Long

If your home has not sold in a reasonable length of time, then take it off the market. A house that stays on the market to long, goes stale, and then will sell for a lower price. It is better to let the market correct itself, then relist.


Filed under Arizona Real Estate, Commercial Real Estate, Florida Real Estate, Hawaii Real Estate, Local Real Estate, Real Estate Agencies, Real Estate Agents, Real Estate Auctions, Real Estate Companies, Real Estate Foreclosure, Real Estate Investing, Real Estate Property Listings, Real Estate Values, Realestate by Realestate Expert

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September 25, 2008

How to Sell Real Estate Property More Quickly Using Better Curb Appeal

5 Tips for selling your house

When you’re getting ready to sell a property or other investment, there are a lot of things you can do to create curb appeal so everything works in your favor. Statistics show that potential buyers decide in about the first 10 seconds of seeing the outside of a house whether they want to see the inside. To attract buyers initially do the things we talk about because they are some of the most important things you can do. Not only will you sell your property faster that you might otherwise but you will get more for it as well.

Here are some cost effective things you can do quickly to make your real estate investment more profitable. Are you using these concepts to your advantage even though you maybe familiar with some of them?. A lot of these principles also apply for creative real estate investing strategies like foreclosures, flipping, wholesaling, lease options, property assignments and rehabs.

Here are some of the most important things you can do beside the standard house cleaning to have the most impact at a minimal cost:

-First of all, trim shrubs, grass and clean up flower beds

-Pressure washing exterior walls is simple to do and many investment properties can be made to look like new

-Use touch up paint where you can avoid repainting entire rooms

-Neutral and lighter color paint will appeal to more buyers when paint is needed.

-Knobs, old fixtures and most wallpaper that is outdated needs to be eliminiated or replaced

-Clean the pantry and the closets to eliminate the clutter and garbage

-Have the carpets cleaned or replace areas that absolutely need it

-You can repaint the front door if needed to add color and definition.

-Sweep the pathway leading up to the house and clean the porch

-Remove debris from the downspouts and gutters

-Oil stains on the driveway just looks bad so clean it as best you can

-Stains, leaks or cracks must be fixed

-Put down welcome mats or replace old ones

-If room permits, add a small bench or seating on the porch or just inside the entry.

-Place flower pots on the porch and add some color to the entry way

-Dim light fixtures will kill your homes appeal so replace old fixtures with new brighter ones

-Cleaning and re-grouting the tiles in your shower and bathroom adds a lot of appeal

-Clean or replace old blinds, drapes and shower curtains. -Get rid of dated drapes and make sure as much natural light can get into the house as possible

-Clean handrails, door handles and light switches

-Wash windows and mirrors

-Use natural air fresheners to air out the house. -Avoid chemical based air fresheners or sprays; there are many people that have allergic reactions to them.

Many of the things we’ve discussed do not have to cost a lot and they will make a big difference and you don’t have to break the bank with excessive remodeliing. Some of the small details will actually do more for you then expensive renovations. This can even be advantageous for low risk, quick cash strategies such as a system to flip houses and similar effective fast cash investment strategies!

Filed under Real Estate Auctions by Realestate Expert

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September 23, 2008

How to Sell For Sale By Owner Homes Quickly

One of the greatest reasons that for sale by owner homes oftentimes do not sell very quickly is because of the vendor not knowledgeable on how to advertize the property effectively. FSBO does not have to be demoralizing. The following tips will prevent you having to fork out expensive real estate fees when selling your home yourself.

Before you put your home on the market, it must be perfect inside and out. The simple fact is that first impressions matter and prospective purchasers will only be attracted to impeccable and attractive homes. Get rid of all clutter and clean your home from top to bottom, including the carpets and windows. Curb appeal is another important aspect that should not be ignored. To that end, make sure your garden is neat and tidy, the lawn is mowed and any overhanging tree branches pruned back. Also, ensure your house smells good. If you have pets, this can be of great concern. Even though it is better to remove the smell at origin instead of attempting to disguise it, some essential oils placed in discrete places around the home can make the world of difference. Ask over a friend or neighbor and have them walk through the house to get a second view.

To sell your home quickly, the most significant factor to consider is the asking price. If the house is over priced, which is the main reason that numerous homes for sale by the owner do not sell, you will likely find that it will sit on the market for quite some time. Check home listings for similar properties in your neighborhood and then price your home accordingly. As a general guideline, if you pitch your asking price at around ten percent higher than the true going rate, you will probably get offers, and hopefully a sale, very close to the true market price of the house. Even though you are trying to save money, procuring the services of an experienced attorney is wise.  A survey by a professional home inspector should also be carried out to detect any problems that you may not be conscious of.

The key to selling your house quickly is by utilizing effective advertising such as that offered by various real estate websites in the U.S. Many websites allow FSBO house listings to be posted for free, so check what is available in your area. When posting your ad, include a number of flattering photos of your home and keep your advert copy short and to the point. Make sure that you stress attractive features using words and phrases that are attractive to prospective buyers. Terms such as Newly Remodelled, Near to All Amenities or Priced Beneath Market are good for starters. Possibly one of the most powerful tools in your marketing arsenal are lawn signs. Additionally, if you also attach some sort of container with data sheets to the sign, any prospective vendees will have immediate access to your contact data.

Selling a house yourself can be time consuming, but the financial payoffs are enormous. The key is to have your home priced properly and looking better than the competition. Educating yourself about the subtleties of the realty market in your area will make you as effectual as any realtor - without the pricey fees.

Filed under Real Estate Auctions by Realestate Expert

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