Staging a Home For Sale

By selleradmin, on December 28th, 2013


Does staging a home for sale influence selling price?  Many cottage industries spring up that support the real estate industry itself.  One of them is the home staging business.  However, a recent study is very telling regarding staging a home and how it may ultimately affect the end game, the actual sale price.

In a recent study performed by finance professor Michael Seiler at the College of William and Mary real estate, it was determined that staging a home does not ultimately influence the sale price.  It may however, and has been proven, to greatly enhance the first impression of buyers.  This, in turn, could influence their ability to see themselves in the home and ultimately influence the decision to go ahead and purchase.

The study created six different virtual home tours and changed up various elements including furnishings, furniture and design elements, some even had no furniture at all.

In this particular study, titled “The Impact of Staging Conditions on Residential Real Estate Demand”, the results were striking; regardless of things like paint color and the aforementioned elements the study participants indicated they would pay about the same for all six homes with a figure of $204,000.

Staging has become a huge part of real estate in the past several years.  Seller agents will come to the table with a host of information and suggestions on what types of staging will feature a homes strong points and diminish it’s potential liabilities.  Staging has become quite an art, in that a first impression to the buyer is the end game without overplaying specific components including furniture and furnishings; often, neutral, subtle colors are chosen in a careful effort to attract and not repel the buyer.

If you are thinking about putting your home up for sale in this continuing sellers market, let us help you find the perfect sellers agent.  It takes answering just a few simple questions to get you started.

It’s Still A Seller’s Market

By selleradmin, on December 23rd, 2013


It’s still a seller’s market and sellers still very definitely have the upper hand in the real estate market across many areas of the county.  Several factors are influencing conditions, and two that are in favor of the seller are continued rising median home prices and number of days on the market  averages.  Even though prices have tempered in many areas, and late in the year the number of days on the market slightly stalls, many areas are continuing to see sales right through the holidays.

Several big changes are on the horizon for 2014 and it’s pretty clear that it would be best to place your home on the market as soon as you are able to take advantage of current market conditions.

Your experienced sellers agent is equipped with the latest technologies to sell your home in the shortest amount of time possible.  Make sure that you have your sellers agent include some photos of your home during the warmer months, if they are available, to show the homes exterior features that may include gardening and landscaping.

It is already becoming clear the as 2014 sees the spring/summer real estate market pick up, that inventory will ease with more homes available on the market.  It’s clear your sellers edge will be now through that time, as inventory shortages are still apparent in many areas of the country.

If you are thinking about selling, why not let an experienced sellers agent walk you through the process from start to finish.  They will be able to help you feature the strong points in your home visually, and identify all the important features that are marketable in your home.  Your sellers agent is your ally and definitely the one person who can get the top asking price for your home.

Get started here by answering a few quick questions.

Real Estate Appraisers: Everyone Needs To Be On The Same Page

By selleradmin, on December 17th, 2013

Everyone needs to be on the same page in the real estate appraisal process, including seller, appraiser and real estate agent.  Appraisers take a professional approach in a usually very thorough inspection of the home – they are not setting out to deliberately undervalue a home.

Sellers occasionally feel that their home was undervalued and there are a couple of simple tactics that can be applied to the situation and involve your sellers agent’s keen skills.

Appraisers may not have the same comprehensive local knowledge that your sellers agent does.  This is critical knowledge necessary in the valuation process and can be discovered through comprehensive comparables.   These are detailed valuations of properties that have sold in and around your neighborhood recently.  These can be very telling for a seller and are typically the benchmark for determining an accurate selling price.  You may be able to discover a number of unique features that were found over a spread of homes in the nearby area that are similar to unique features and upgrades in your home.  This knowledge is critical to call to the attention of the appraiser and will be a time saver for them.  As thorough approach as they can take, nothing can replace the hard data that shows valuation on the sellers’ behalf.

Appraisals are a ‘look backwards’ because of comparables.  If the average selling price of 10 homes in a given 1 mile radius in a neighborhood is $100,000, and a seller is asking $150,000, there will have to be verifiable measure taken to justify the price.

2014 is looking bright for home sellers.  A qualified sellers agent can utilize many current tools and technologies to help you determine an accurate selling price for your home.  Pricing a home in a market where inventory is increasing, which is the case for many areas across the United States, is important for a home to sell quickly.  Let us pair you with a highly experienced sellers agent in your neighborhood today.  Our service is free to the consumer and offers you a list of qualified sellers agents in your area.  Get started here.

Selling Your Home – A List of Buyer Turnoffs

By selleradmin, on December 7th, 2013


Many areas of the country are seeing home seller prices rising and those close to the industry say that conditions going into 2014 will create a landscape for a strong seller’s market.  Sellers will have the upper hand in many markets, but, to be certain, should not be complacent in their staging or efforts to make their home attractive to potential buyers.  There are many things that turn buyers off in a first impression.

Dirt and grime top the list.  Make sure your home remains clean throughout the selling process.  This includes carpets if your home has them; take care and get them cleaned as swell as steam-cleaning tiled areas to brighten up and sanitize the grout.

While the homeowner may instinctively like to keep a home furnished with all of his or her creature comforts, the clutter of family pictures and other personalized bric a brac may turn off a potential buyer.  Remove all unnecessary debris so the homes strong points can remain the focal point.

Avoid, if you can, cooking and other unwanted odors from being prevalent during a showing.  Cooking odors, smoking odors and pet odors were top turnoffs.  Some agents even recommend a ‘pet plan’ before showing the home, including getting rid of pet paraphernalia and other traces of pets while potential buyer clients are in the home.

Replace outdated fixtures and appliances.  Buyers are definitely not impressed by disco-era lighting fixtures and ancient ceiling fans covered in dust.  Something as simple as changing out cabinet hardware can make a big difference visually.

Wallpaper is at the top of the list for things buyers dislike.  It is changed out over 90% of the time and is one of the most difficult features of a home to remove and/or replace.  It can badly date a space.  Also, popcorn acoustic ceilings, while popular back in their heyday, are no longer desirable.

Generally speaking, many agents recommend that sellers make themselves scarce during showings.  Buyers don’t like it when their being followed through the showing or receive unsolicited comments by the sellers.

Our highly qualified sellers agents have great information on how to sell your home quickly.  Let us pair you with the most talented agents in your area.  Answer just a few quick questions and we can provide you with a list of agents that know how to get your home sold.  Get started here.

Selling Your Home During The Winter

By selleradmin, on November 30th, 2013


If you are a homeowner that has listed your home for sale or are getting ready to, this could be a great time to do it even though winter has set in across parts of most of the United States.

There are many buyers still looking for a home that became discouraged during the busy summer months and they are still searching for real estate.  This summer left agents exhausted as well as potential buyers who found multi-offer bidding wars and not enough inventory.  Both of these factors have changed as the seasons have.  Real state sales typically cool off with the temperatures but this year may be a great year to market your home for sale over the winter months.

Steadily rising median prices, increases in homeowners insurance and tightening lending standards with new regulations coming into place in January could be great incentive for those still hunting homes to buy before the end of 2013.  Current trends point to continued median home prices rising and in some more desirable areas of the country and home categories, prices could rise significantly.  One marked example of this would be Breckenridge, CO where condo prices shot up 900%.  This may be an indication that the purchase and rent market is picking up in areas where vacation rentals are popular.  Single family homes are in high demand, still, in many areas across the United States.

For those still property hunting, winter weather can prove to be challenging when looking at real estate but for the home seller, cooler temperatures can be just the opportunity to dress a home for the holidays providing a welcome and inviting atmosphere to perspective buyers.

Let us find an experienced home seller agent that can assist you in marketing your home.  Our experienced seller agents are top performers and they will utilize all the current technology necessary to ensure success.  Answer a few quick questions here and we can get you started today.

Sell Your Home During The Holidays

By selleradmin, on November 26th, 2013

Sell your home during the holidays in 2013.  If you are a homeowner that has listed your home for sale or are getting ready to, this could be a great time to do it even though winter has set in across parts of most of the United States.

There are many buyers still looking for a home that became discouraged during the busy summer months and they are still searching for real estate.  This summer left agents exhausted as well as potential buyers who found muli-offer bidding wars and not enough inventory.  Both of these factors have changed as the seasons have.  Real state sales typically cool off with the temperatures but this year may be a great year to market your home for sale over the winter months.

Steadily rising median prices, increases in homeowners insurance and tightening lending standards with new regulations coming into place in January could be great incentive for those still hunting homes to buy before the end of 2013.  Current trends point to continued median home prices rising and in some more desirable areas of the country and home categories, prices could rise significantly.  One marked example of this would be Breckenridge, CO where condo prices shot up 900%.  This may be an indication that the purchase and rent market is picking up in areas where vacation rentals are popular.  Single family homes are in high demand, still, in many areas across the United States.

For those still property hunting, winter weather can prove to be challenging when looking at real estate but for the home seller, cooler temperatures can be just the opportunity to dress a home for the holidays providing a welcome and inviting atmosphere to perspective buyers.

Let us find an experienced agent that can assist you in marketing your home.  Our experienced seller agents are top performers and they will utilize all the current technology necessary to ensure success.  Answer a few quick questions here and we can get you started today.

Staying Put? Two Valuable Winter Home Upgrade Projects

By selleradmin, on November 10th, 2013

The Denver Metro and surrounding areas real estate market has seen a very promising recovery from the summer of 2012 forward, however, many are still searching for real estate and others are deciding whether or not to sell or stay put.  If you are one of the ones that have decided to stay put for at least this winter, there are a couple of sure-bet home remodel projects that will add value to your home if you decide to put it on the market spring of 2014 and add living enjoyment while you remain in the home.

First and foremost would be floors.  There are so many flooring options available on the market today, but one of the most versatile and durable would be wood floors.  To be certain, if you are considering adding wood flooring, don’t let the sales over Thanksgiving pass you by.  There are many outlets and box stores that will offer deep discounts on their products and this is a great opportunity to take a look at the rooms in your home that might benefit from a change to wood flooring.  Wood flooring is considered a ‘top demand’ for many home buyers, and as inventory increases, easing the shortage, selling a home may become more competitive over the next couple of years.  There are home upgrades that benefit the seller while they are living in the home but are hard to recapture the original investment on in a sale.  Wood flooring is NOT one of those negative returns.  Wood floors appeal to buyers of all ages and family sizes and types and wood floors will never go out of style.  Families with small children benefit from wood floors with the ease of maintenance and the addition of area rugs.  Overall, upgrading to wood floors it very easily done over most pre-existing floors and substrates and come in a variety of styles, colors and configurations making it one of the most versatile home upgrades on the market today

The next home upgrade on the list appliances.  Once again, don’t miss out on the opportunity to capture deep discounts on basic appliances that will go on sale after Thanksgiving.  If you upgraded a stove and washer the discount may be so significant that you might be able to get the matching dryer for pennies.   Some appliances that take heavy amounts of wear and tear as they are exposed to harsh water conditions in some parts of Colorado are dish washers, washers and water heaters.  This may be a great time to replace any unit over 10 years old and switch to a more energy-efficient unit, saving you money during the remainder of your time in the home.

At a point where you become more interested in putting your home on the market for sale, consider contacting one of our highly qualified sellers agents to help you sell your home quickly and for the maximum amount of money your home can yield.  Get helpful information and access to several specialists in your area by answering a few simple questions here.

Home Sellers and Buyers May Meet In The Middle Winter 2013

By selleradmin, on November 1st, 2013

Well, it would seem that for once, home sellers and buyers might meet in the middle on many things including price and turnaround time on the market.

While sales have simmered in some markets, demand is still high and inventory is improving but in high-demand areas, inventory is still persistently low.

There are several trends in real estate that we saw during the summer and some of these will modify but carry into the winter.

In high demand markets, homes will still sell at within a reasonable time on the market and with no discount.  Some areas will still see homes sell above the listed price.  The average shows that a home will sell for 99% of the listed price.  High demand markets include San Francisco, Seattle, Washington DC/northern Virginia and several other areas.  It should be noted that while median prices of homes increased in many areas of the country, prices have not met what they were in the peak period directly before the real estate market crash.

Buyers are still facing some pretty fierce competition in many areas of the country and it would appear that several markets, including Detroit, Las Vegas and other cities are seeing a resurgence of institutional buyers re-enter the market in hopes of capturing the still low prices on foreclosure homes.

If you are willing to price your house correctly, you are likely to sell it quickly.  There are still many cash buyers out there looking in hopes of finding what they missed this summer.

This is encouraging as there are a specific group of home sellers that really need to sell their homes to buy another; many are still considering this as an option to take advantage of affordable home prices and the chance to upgrade their home.  This can be done with the right planning, and your sellers agent can advise you on how to approach such a purchase.  Our skilled sellers agents can help coordinate your real estate sale through to the closing and give you the tools you need to be successful, commanding the best price for you home the market will bear.  Click here to get started today – just answer a few questions and we will provide you with a list of agents in your area.

Calling All Single Family Home Sellers

By selleradmin, on October 24th, 2013


The figures are coming out for third quarter real estate market assessments in the Denver Metro markets and around the country, and to be sure, single family homes rank highest in demand nationwide.  While inventory is easing in many areas, and the pace has slowed due to increased interest rates and rising median prices, many homeowners were displaced in the market through foreclosure and this has increased demand for affordable housing in the single family home marketplace, as well as rentals.

This provides and inviting landscape for the potential home seller, as it would appear that renting during the selling process is a viable option as rental demands are still strong in many areas if this happens to be your particular situation.

In any event, there is still strong sales activity in many markets across the United States including Denver Metro, and if you are considering putting your home up for sale, this is still a great time to do that.  While winter normally brings a slow down in real estate, this year’s sales pace is expected to remain steady, as so many buyers were edged out of the market during the heat of sales activity over the summer.

There are a few great pointers for selling your home during the winter months:

*Even as the buyers are still there creating a demand for homes it is important to price the property realistically

*Advertise the home using snow-free pictures

*Create the best curb appeal possible by keeping entry ways plowed/shoveled as well as the driveway

*Make the best of the winter season by staging the home based on a warm, cozy interior atmosphere.  Emphasize areas utilizing the natural light.  Areas that are in need of lighting because of natural light can be softly lit for enhancing the mood of the area and showing of that particular area’s unique features.

If you want expert advice on selling your home let us pair you with expert seller’s agents in your area.  It’s easy to get started – just answer a few simple questions here.

Seller Agent Service – What A Great Agent Will Do

By selleradmin, on October 19th, 2013

When a great seller agent offers their service – you need to know what a great agent will really do for you.  In a day and age where electronics and communication in general have advanced so significantly, sometimes a personal touch is what is needed to create a great business relationship.  A good seller agent knows this first hand and may offer some of the important steps below in providing good service, as a result.

What does a great sellers agent really do?  Here are a list of just some of the smart steps to take in selling a property.

Take a look at the current competition.  Doing this as well as a comparable will help establish a realistic selling price.

Make sure that when setting up the property profile, someone with terrific photo skills is taking the pictures and knows how to feature the strong points of the house, as well as taking the pictures at a time where natural light helps accentuate the home’s beauty.

Send the MLS listing to the seller and invite their input.

Share new competing listings that come no the market and share feedback with the seller.

Let the seller know when competing listings enter into a contract, have price reductions or are withdrawn from the market.

Physically invite the seller to go out and look at competing properties in the area so they have a better understanding of how to present the home and price it.

Re-take exterior photos of the home if the season changes.

Pursue and deliver feedback after showings.

Provide custom designed home brochures and a weather proof exterior brochure box.

Contact the seller regularly but at least weekly for the first month of the listing.

Pursue and deliver feedback after each showing.

Seller agent service and marketing skills are critical to the successful sale of your home.  Let us connect you with someone that has a top track record in your area for sales – just answer a few quick questions and we will provide you with a list of agents in your area that can assist you.