Selling a home can be a complicated process without the right help. You need to make sure your house is in the best condition and you receive a fair price for it. Whether you’re selling yourself or using an agent or broker, look here for more information about how to sell your house effectively.
Merchandising Your Dream New House
Developers often will hire a focus group to identify which kind of home buyers the subdivision will attract. They will then put up a model home or two in order to show prospective home buyers what a new subdivision will look and feel like when complete. Finally, they'll spend anywhere from $25,000 to $75,000 or more to merchandise those homes in order to attract a certain home buyer.
Past And Future Of Real Estate In America
The real estate world has changed dramatically in the past decade. The biggest changes in real estate have come from the application of advanced technologies to the home buying, selling and financing process.
Mistakes Home Sellers Make
Selling is tougher than it seems. Even in a hot market, there are homes that don't sell for one reason or another. As a seller, if you make certain mistakes you could find yourself carrying two mortgages, or giving your home away for more than it's worth, or watching your house sit on the market for months on end.
Buyer’s Remorse Across The Country
Things in Los Angeles, Manhattan, and parts of Chicago and San Francisco have become so crazy that real estate agents have begun to lose track of deals, sellers are actually accepting more than one offer, buyers are suing each other to get homes, and are sometimes "flipping" property before they even own it.
Seller’s Bill Of Rights
With low interest rates and a hot real estate market, homes are selling in a matter of minutes. In a seller's market, it's easy to forget who is supposed to be running the show. Since the spring market looks like it will continue to be red hot for sellers, here's a sellers bill of rights so that all sellers know where they stand and what they should expect.
Looking At A Seller’s Closing Costs
When it comes to closing costs, home sellers usually get stuck. If home buyers choose a no-point, no-fee loan, they can eliminate most of their closing costs. On the other hand, sellers typically start by paying a broker's commission, and by the time they're done calculating the costs and fees, can see as much as 8 percent of their sales price slide away.