Sell Your Own Home Tips

Home values these past sixty years has steadily risen. Everyone (even those who should have known better) believed that the rise would continue forever and the entire realty industry was established upon that concept. So, the worst takes place after hyper-inflation of house values starts to tank. That bursting of the real estate bubble has caused a re-evaluation how one is to interact or should work with the real estate industry.

Sell Your Own Home Without Agents
Realtors make a lot of sense when home values are steadily increasing. Surrendering six percent commission to real estate agents was not an issue when someone was likely to make a significant profit on their property sale. However, we live in sadder, poorer time, a real estate agent becomes an issue as many people may actually be selling their home at a lost.

Sell Your Own Home Legal Assistance
Realize that title companies and escrow companies will be providing a massive amount of assistance in selling your own home. Even so, for legal paperwork inquire at a form and contract provider like We The People for a retailer or LegalZoom for someone online. A free source of information to answer basic questions if used sparingly and politely is a title company. Should more unique issues arise, seek legal help from real estate attorneys. Many will have flat rates for those doing a FSBO (For Sale By Owner).

Sell Your Own Home Marketing
Put the advertisements of the house on every free Internet classified service you are able to discover. Web sites such as Craigslist, USFreeads, and Backpage, do not overlook national services as they may provide you with an investor looking at your area. Position signage about the property, thus notifying every passerby that the home is purchasable. Advertise in newspaper publishers like the Penny Saver or Thrifty Nickel, they will be more inexpensive than the general, local papers. Lastly, construct a list of a hundred people you are able to contact who may come across other people who are looking to buy a home. Your hairdresser, insurance broker, instructors, pastors, everybody who is continually in contact with or in front of people, make sure they know you’re selling a home.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Darryl Noble

Real Estate Signs – How to Use Them Effectively

Selling real estate is a tough proposition, whether you are a home owner or a realtor. However, there are some tools that you can use to improve your chances of a sale by attracting the attention of potential customers. Once you decide you want to sell a property, you have the gigantic task of getting the word out there so everyone knows that the house is available. Putting up real estate signs near the property and at other relevant locations is an effective way to spread the word.

Some homeowner associations may have rules pertaining to putting up these signs in your yard. It is important to ensure that you are not breaking any size or placement restrictions while putting up the For Sale signs.

Signs by Owners

For Sale by Owner signs are put up by home owners who do not want to take help from any realtor. These signs are generally simple as they have little information that needs to be included.

For Sale Signs by Agents

Real estate signs put up by realtors have to include much more information. Such signs serve the dual purpose of attracting a potential customer’s attention toward the property, and of promoting the brokerage and agent. Generally, these signs contain the name and address of the brokerage, office phone number, company logo, and web site information. Some signs may also include additional panels with information such as price reduction, actual asking price, and agent’s cell phone number.

Placement of Signs

The basic reason for putting up the sign is to gain the attention of any potential buyer or interested party. Once you have designed the perfect sign, it has to be placed well for it to have a maximum effect.

  • One vital aspect to remember is that the sign has to be visible from the street. While placing the sign, you need to factor in the existence of parked cars, trees, and even telephone poles that might affect the visibility of the sign.
  • It is a marvelous idea to place the sign near the sidewalk.
  • For homes located at corners, it might be prudent to install two signs – one on each street.
  • There is no point in placing signs at places that do not attract too many visitors. If the house is at a faraway location where traffic is limited, consider asking home owners who live closer to busy streets whether you could place directional signage in their yard.

Signs that give real estate information are an effective and inexpensive way to advertise the property. You can customize these signs to meet all your requirements.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Kristopher Daia

How to Sell Your House to Avoid or Stop Foreclosure

If you have fallen behind on your mortgage payments, your lender could choose to foreclose on the loan. This means that you will lose your house and suffer a large reduction in your credit score. However, you maybe able to sell your home to stop foreclosure and avoid the 4 to 7 years of dealing with bad credit. How does selling your home potentially put an end to your foreclose dilemma?

The Lien Goes Away When the Loan Is Repaid

As long as the price that you sell your home for is larger than what you owe the back including back payments and interest, the lien on the property goes away and the lender has no reason to foreclose. This means that there is no foreclosure and no potential damage to your credit score. If you owe more one your mortgage than what you can sell your home for you may be able to negotiate a short sale with your lender to avoid foreclosure.

What’s a Short Sale?

A short sale occurs when you sell your home for less than the outstanding loan balance. The bank then accepts the sale price and lets you walk away from the property with no further action required. While it may still cause damage to your credit score, it does stop the foreclosure and allows you to move on with your life with no further obligation to pay the lender. If you do decide to complete a short sale with your bank it is important to get a signed agreement from your lender that binds them to not hold you accountable for the remainder of the loan balance. This may take a little negotiating but it happens with more than 50 percent of the short sales.

Does the Bank Need to Agree to the Sale?

In a short sale situation, the lender will have to agree to let the you sell your home for less than the loan amount. However, the property owner is free to sell the home at any time prior to a foreclosure taking effect. This is because the property has yet to be repossessed and the homeowner is free to sell their property. The only thing that may make a sale harder is the existence of a prepayment penalty. While rare, some mortgages contain clauses that force the mortgage holder to pay a fee if the mortgage is paid off early for any reason. Ask your lender if you have a prepayment requirement on your mortgage.

A foreclosure is not something that an individual wants to go through but some times it may be the best option. The good news is that it can be avoided by simply selling the property and walking away. As long as you have a mortgage that is not upside down, it may be easier than you think to find a willing buyer long before the foreclosure process is complete. This will allow you to pay for back payments, interest and your overall loan balance.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Shaun Greer

Top 4 Things You Need To Know Before Selling A Home

It goes without saying, that selling a house is a major financial transaction that will significantly impact your economic health for many years to come. This is the reason why it’s imperative to ensure you understand what needs to be done to make a quick and lucrative sale. Besides, home buyers are looking for the best, so a home for sale by owner can easily slip through the cracks if it is not in tip-top condition and is not advertised properly. Whether you are a seasoned home selling veteran or a first time home seller, the process of selling a home will inevitably be challenging and complex.

Nonetheless, with a little know-how, you will be able to sell your home in no time. Listed below are four important things you need to know before selling a home.

1. Set a reasonable asking price- Properly pricing a home for sale is one of the most, if not the most, important parts of selling a house. Besides, if you overprice your house it either won’t sell, or it will take much longer to sell than it should. Home buyers are streetwise and know immediately when a home for sale is overpriced. Consecutively, you should always ask for a price that’s realistic which can bring you buyers instead of overcharging and turning off many potential buyers.

2. Make your first impression count- In today’s highly competitive market, first impressions are everything if you want to sell your house fast and for the highest possible price. Furthermore, do your best to make sure your home looks as inviting as possible. Besides, it doesn’t have to cost a fortune to tidy up the garden, cut the grass and plant a few flowers.

3. Advertise your property online- With the advent of the Internet, more and more people are searching for houses for sale online. It is therefore vitally important that you advertise your house on as many of the major property web portals as possible. Furthermore, while listing your house online, make sure you provide relevant photos of the interior as well as exterior of your home. Besides, attractive display pictures and detailed description makes your chances better for a higher volume of relevant responses.

4. De-clutter your home- Before showing your house to the buyers, make sure you thoroughly clean your house and de-clutter it of any unused or extra articles. Also, organize your wardrobes and other storage spaces and try to highlight more empty space. Any home buyer would notice available storage spaces in the home, as they are one of the important segments of the home.

While these were some of the things you need to know before selling your house, there are many others, such as clear your dues, depersonalize your space, inspect the house among many others.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Tushar Deep Singh

Can You Juggle a Baby and Being a Mommy Real Estate Agent?

Many pregnant women and moms of young babies start to think about finding a career that will bring them the opportunity of decent money while also being flexible enough to allow for spending time with the baby. And real estate seems to combine that potential for large commission checks with a flexible schedule. But can you really juggle the demands of motherhood and a real estate business?

If you are pregnant or just had a baby, you’re in luck! It’s a great time to start a real estate business. While pregnant, you have some time to devote to your licensing education and finding a broker. By the time you have your baby, you’re all set to start looking for clients.

But if you have a young baby (or two), you’re still in luck! Most normal human beings LOVE babies. Especially cute babies who aren’t too fussy. If you have a baby who is not walking yet then you have a marketing strategy wrapped up in a baby blanket!

Once the licensing is out of the way and you’ve found a broker, you can hit the ground running and start finding clients. You can easily find clients with your baby in tow, from the mall to the grocery store to Mommy groups. So some of your prospecting can be done while you’re just doing your day-to-day Mommy routine. And you can also take your little one to the real estate broker’s office on those days where you need to drop off paperwork, make copies or perform other office duties.

Once you start working with clients, you can’t get away with taking a baby to every single appointment. Especially on buyer appointments where you are showing multiple properties, it may get a bit arduous to lug a baby with you while opening lockboxes, pulling out keys, opening doors and showing homes that you may not have ever walked through before.

Not to mention that a really cute baby can sometimes be the wrong distraction…you want your clients to buy a home, not drool over how cute your child is. So you have to use your common sense as to when you can include your baby in any aspect of your real estate business.

In these instances, you’ll want to have someone lined up to watch your baby. If you have family or a friend close by who can watch your baby on short notice, that’s ideal. But if you need to make other arrangements, then plan ahead. You need to know what you will do when you have that demanding client who needs to meet you on short notice.

Baby naptimes are a great time for you to prospect for new real estate clients or make phone calls to your current clients. You can research online, create marketing materials, return emails and more.

Can real estate be a great business for mommies of young babies? Most definitely! Much of your real estate business can be worked on with your baby along for the ride. Few other industries are as Mommy-friendly as real estate.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Tina McAllister

Benefits of Home Selling Without a Real Estate Agent

Selling a home without the help of a real estate agent – also referred to as being a FSBO or „for sale by owner seller“ – has often been perceived by those home sellers who prefer doing so as beneficial in many respects. Chief among those benefits has always been the amount that would have to be paid in the form of an agent’s commission, which the homeowner would not be required to pay out, thereby „saving“ or keeping the money for personal and other uses.

In addition to the above there are other reasons, many which have been deemed beneficial, a home owner might decide to sell his/her home or investment property without a real estate agent. Among those reasons or benefits are:

• Reduced price for a faster sale

• Direct negotiations with buyer

• Pressure-free marketing & selling

• Higher percentage of asking price

Reduced price for a faster sale

Some home sellers realize – since they have once been buyers – that a home buyer’s goal is to make the best deal (paying the least amount of money) on a home they possibly can, the same way most home sellers expect the highest price for the home they are selling; and accordingly the price of a home with the real estate agent’s commission subtracted is in many cases more attractive than a price including the commission. Based on this understanding the home owner derives a benefit by offering the property for sale at the reduced commission-less price in order to get a faster sale.

Direct negotiations with buyer

Home sellers who prefer to enter into direct negotiations with their prospective buyers are in full control of whatever outcome(s) those negotiations produce, and they accept responsibility for that. However, the benefit(s) derived from direct negotiations is having the knowledge of each stage of the transaction involving their homes instead of waiting for status updates from an agent who is simultaneously dealing with several homes – and the buyers of those homes – involved with just as many transactions. A FSBO home seller is free to contact the buyer to inquire about anything pertinent to the transaction; and this can sometimes be significant in a variety of ways.

Pressure-free marketing & selling

Home sellers who have not committed to a real estate agent – verbally or in writing by way of an exclusive listing – is under no obligation to „show the property during reasonable hours“ as many who have listed with agents have agreed to do, lest they leave themselves open to claims of „refusal to show,“ „uncooperative,“ or „taking the house of the market,“ all of which are claims that can be worrisome, but were often used by eager and highly motivated real estate salespersons to convince a home seller to provide access to his/her property during a time the salesperson had, what s/he considered a well-qualified, interested buyer. The absence of this kind of pressure during the marketing and sale of a home is the condition under which fsbo sellers consider beneficial to them.

Higher percentage of asking price

In a March 2011 article titled, ‚How to Sell Your House Without an Agent‘ and edited by Real Estate Career Hub, et al., it is stated that, „A 2008 Consumer Reports study found that nearly all homeowners in their survey who sold on their own got their asking price, while sellers using agents received an average of $5,000 below their asking price… “ and „… National Association of Realtors figures show the average sales price for by-owner sellers was 97.5 percent of their asking price – while sellers with agents got just 95 percent.“

This data can be supported by the price having been already lower than it otherwise might be had a real estate agent’s commission been included; but also the seller’s net price is often adjusted lower – in bare dollars and cents figures – than the dollar amount represented by the commission percentage, so that when negotiations to adjust the selling price downward is conducted by the agent, and the commission percentage remains in tact, the percentage of a seller’s asking price is affected more.

One circumstance that has arisen in recent years, due to the mortgage crises is, more home owners than ever found themselves „under water“ (owing more that the home’s value). This is even more reason why getting the highest percentage of an asking price is so important to today’s home sellers.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Nurudeen Elabor

Home Staging – Questions and Answers

Question: Do I really need to stage my house?

Answer: Home staging is recommended to homeowners who are serious about selling their house in the shortest amount of time. Think of this scenario: Two comparable houses are for sale in the same general area. House A was staged and is in prime showing condition. House B was not staged and may have some design issues. Which house do you think buyers will be more interested in? Statistics show us that homes which are professionally prepared for the real estate market sell in one-third less time than non-staged houses.

Question: My Realtor told me to wait to stage, is this good advise?

Answer: The sooner you stage your house, the better it will be for you. If your agent told you to not stage or to wait to stage, your Realtor may not have a complete understanding about the value of home staging. Some agents are concerned about recommending more out-of-pocket expenses for their clients. It is a noble concern but not a necessary one when considering home staging. Stagers work with real estate agents as a team, and most stagers will be happy to answer any questions that Realtors may have regarding the staging process. Realtors may not know it, but stagers may be their greatest asset in the marketing of a client’s home.

Question: How do I choose a stager?

Answer: There are many things to look for when choosing a stager. Before you hire a stager, consider these qualifications:

  • Look for credentials. A good stager will be professionally trained in staging and design principles.
  • Ask for references. An experienced stager will have references and a photo gallery of personal projects.
  • Interview your stager. Most staging businesses are independently owned and will operate differently from each other.

Question: Can I stage my own house? or Can I have my friend stage my house?

Answer: It is best to use an independent staging consultant who has an objective view of your home. Professional stagers are specifically trained to find and remove the obstacles that could interfere with the sale of your house. Homeowners and friends who are familiar with a house may find it difficult to apply staging and design principles to areas in which they are emotional attached.

Question: Doesn’t staging cost a lot of money?

Answer: Staging, like any quality service, is not free. Staging costs may range anywhere between $100 for a consultation evaluation to $2500 for full staging services, (Actual costs vary depending upon company pricing and location.) Think of the cost of staging as an investment in your home that will save you time and money when your house is listed. Statistically, the investment of staging a house has a return of approximately 120%; (for a $1000 staging project, a homeowner may see $1200 return when they sell their home. Statistics cited from http://www.stagedhomes.com, with permission). The bottom line is that your investment in staging will usually be less than the first price reduction on your home! Can you really afford to not stage your house?

Question: Isn’t staging and decorating the same thing?

Answer: No. Staging and decorating are on different ends of the spectrum. Staging uses proven techniques that creates an emotional response in buyers; thus generating greater buyer interest. Interior decorating uses design principles and decor to display the homeowners individual tastes and styles. When you decide to sell your home, personal styles will need to be set aside to make your house appealing to the most amount of buyers.

Question: How do I get started?

Answer: Ask your Realtor if their agency provides staging services or stager referrals. Otherwise, to find an Accredited Staging Professional in your area, visit Staged Homes.

Your home may be the biggest investment that you make in your lifetime. When you are ready to list your home, do not sell your investment short. A properly prepared home will sell in the shortest amount of time while commanding the highest offers. For more information on staging visit KFM Staging & Design.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Kristina Leone

Selling Your Own House – What Are the Pros and Cons of Not Using an Agent to Sell Your Home?

Have you thought about selling your own house? The reason many people seem to go through the home selling process on their own is mainly to save money! If you consider that the average agent’s fee is somewhere between 5%-7% of your total sale price, perhaps you can understand why many others have decided to sell their properties themselves.

If you wish to sell your own house, you first need to be fully aware of the disadvantages. An agent is obviously a professional and knows the industry inside out. There are many legal issues that can cause you problems, but an agent will know exactly how to handle these. Also being a professional, they will know how to negotiate with other agents, brokers and potential buyers. Additionally, if your home does prove popular, your agent can deal with the constant calls and enquiries from buyers.

The advantages of selling your own house include – well you save yourself the massive fee for a start. You are the one in charge, so you decide when to hold house showings. You decide where you are going to advertise. Another important consideration when selling your home is that you should realise an agent is not solely looking to sell your property. They will no doubt have a large portfolio of clients to deal with. This can often mean that an agent may have more important cases to deal with.

However, when selling your own house, you will be 100% committed to getting your home on the market and getting the best price you can. This doesn’t have to be a difficult task either. There are numerous websites and research materials dedicated to help you get that sale!

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Sam Renstaff

How Will You Know If Your Realtor Is Any Good?

The main problem of people who are investing in real estate is that they are having problems in finding a good realtor for them. They are not aware of the things that should be done, and they are not aware of the things that they need to consider whenever they are looking for a realtor. So in this article, we will be discussing more about how you can find out whether your realtor is good or not. Read on to find out how you can get the best realtor who is capable of providing you with the best investment opportunities.

The first and most important thing that you need to understand whenever you are talking to a realtor is that they are getting their commission based on the services that they have given you. So before you even start to work with a realtor, you need to make sure that they can really provide you with what you need by checking their experiences, credibility, and knowledge when it comes to this industry. You don’t have to spend a lot of time in finding the best realtors, because the truth is that they are very easy to find.

If a realtor tries to sell a property to you, rather than explaining the reasons why you need to have a house, then we can say that they are not a good option for you. There are a lot of other things that you can do with the help of reliable realtor, but you need to make sure that they have the knowledge that will help you find the best real estate properties. The more knowledgeable a realtor becomes, the better it will be for you, because you will be able to easily spot great opportunities.

It will be easier for you to determine whether a realtor is reliable or not if you see that he is trying to sell the property; not his services. Keep in mind that you are working with the realtor to get his services, not to have someone who will be selling a property to you. This is something that you need to understand, especially if you want to find out whether a realtor can help you with your transactions or not. This will ensure that you will really get the best value for the money that you will be spending, and will help you get the services that you really need.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Todd P. Miller

Set Your Home Apart From The Rest

With so many homes on the market, you need to make sure that yours stands out for buyers. When selling your property, there are some important steps that if taken, will make your home the most appealing and desirable in any crowd of competitors. Follow the suggestions below and your home will sell faster and for the highest possible price!

Separate from the Home

I am going to start with what is probably the hardest thing to do for most sellers: getting into the right mindset. Before you can sell your home or condo, you need to truly let go of the property, and look to the future. Remind yourself of the reasons you are selling, and that the property is simply a business deal. Doing this will make the process much easier.

Remember, despite what you may think, your home is not perfect. It is not the most wonderful house on the market in that price range. Buyer’s all have different taste. Don’t be upset if one buyer doesn’t like a certain part of your home. Just keep reminding yourself it is just a house.

Curb Appeal

You only get one chance to make a first impression. Keep the exterior of your property trim, tidy, and inviting. There are many simple ways to improve the exterior of your home:

1. Mow the lawn, trim the bushes, weed, and edge.

2. Make sure that the shrubs and trees are full of life. Do this by watering them regularly, and possibly replacing them with more colorful and vibrant plants.

3. Pressure wash the sidewalks, driveway, curb, and exterior of the property.

4. Make sure the front door is clean and easy to open. The last thing you want is a buyer’s agent standing outside with their client fighting to open a dirty door (trust me this happens all the time).

Clean Your House

Sounds obvious, I know. However, everyone’s idea of clean is very different. One thing many people overlook is an odor that them and their family are used to. This could be very distracting to buyers and can turn them off to the property immediately.

1. Vacuum carpets and clean hardwood & tile floors. Have your carpet professionally cleaned if it needs it..

2. Make sure the entire house smells fresh. Odor is a major turn off to potential buyers.

3. The kitchen and all bathrooms need to be cleaned thoroughly, including toilets, tubs, showers, floors, and mirrors.

4. Clean windows inside and out, make sure you get both the glass and the frames.

5. Dust EVERYTHING. Including the baseboards, ceiling fans, lighting fixtures, shelves, and blinds.

6. Make the beds everyday.

7. Pick up clothing, shoes, etc.

8. Hang up fresh towels in each bathroom and the kitchen.

De-clutter the House

The easiest way to do this is to start packing! Don’t let too much clutter block the buyer from seeing what they should be buying. Simplifying spaces within the house allows the buyer to visualize their furniture, their paint colors, etc. Also, by removing excess clutter, regular cleaning and keeping everything tidy becomes a breeze! You may need to rent a storage unit. In the end it will be well worth it when the house sells faster and at a higher price.

1. If you don’t need it, pack it up, sell it, or throw it away! Any items that you do not use on a regular basis need to be removed.

2. Remove all unnecessary items from countertops, tables, and floors. These items make the house feel cluttered and also appear smaller.

3. Clean out closets. Buyers WILL look into your closets, so remove unwanted clothing and shoes. Organize everything that is left so the closet looks as large and spacious as possible.

4. Remove personal items such as photos, books, magazines, and knick knacks.

5. Remove any furniture that may be blocking or hampering walkways. Open areas that flow nicely are much more appealing to buyers than cramped or awkward spaces.

Make Minor Repairs

Eliminate drawbacks before a potential buyer even sees them. Any small items that take little effort to fix. Even the smallest thing may effect how much a buyer offers on a property.

1. Replace cracked floor tiles or counter tiles.

2. Patch and paint holes in walls.

3. Fix leaking faucets.

4. Fix all doors that don’t close properly and kitchen drawers that don’t function as they should.

5. Replace burned-out light bulbs.

Paint & Wallpaper

Give buyers a clean canvas for them to see all they can do to make your house their home. Pay special attention to bathrooms and the kitchen.. These are the rooms that really sell a house! Make sure that they are desirable to people with all kinds of taste!

Paint

1. Paint with neutral colors. Don’t give buyers any reason to remember your home as „the house with the purple kitchen.“

2. Remove busy or outdated wallpaper, and repaint walls that are not clean. You don’t want buyers referring to your house as the one with the NASCAR wallpaper any more than the house with the purple kitchen.

Lighting

A bright and airy home is an inviting home that will welcome buyers much more than a dark and dreary home. More light makes a room to feel larger as well. So be sure to follow these tips:

1. Turn on all lights and open all the blinds anytime your home is being shown.

2. Update fixtures if necessary. Old or outdated fixtures can add more to the mental list of work buyers will have to do if they buy, which will negatively affect the amount of their offer.

Garage & Attic Space

Your garage is for your car, not for storing all of your junk! Box up unused items and put them in your attic or storage space. Straighten shelves, organize bins, paint the walls, and sweep the floor. Let the buyer see how much room there is for their car, and all their stuff!

Stage Your Home

Organize the furniture in each room to create as much space as possible. Also, every room needs to be staged for its intended use. It is not good to have the buyer wondering what rooms are supposed to be used for. If you have trouble doing this, hire a professional.

______________

If you want to sell your home quickly and for the highest possible price, follow the steps above. I can assure you that one of your neighbors is – and their home will sell before yours and at a higher price. If you commit to completing the steps above you will allow yourself an easier, much quicker, more profitable, and less stressful selling process!

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Jeff Casterline

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