Realtor Tip Of The Week

Join us weekly for the Realtor Tip of the Week.

Everything you need to know whether you're buying a home, selling a home or investing in Real Estate.

 

 

When to Upgrade your Home Before Selling

SELLERS!  Here's the deal.  Often, many are left wondering what they should really do before in the remodel world before putting their home on the market.  How far do you go?  What is going to give you the most "bang " for your buck?  Here's three key areas to put your money where your mouth is.

Updating Light Fixtures

When getting your home ready to sell, updating light fixtures can be one of the best ways to invest your money.. Only catch is, hire a professional to do it.

 

What To Expect From Your Realtor

Many buyers and sellers don't know what to expect from their realtors leading to confusion and frustration during the home buying and selling process.  Allow me to break it down into 5 easy duties and services that you can expect from your Realtor.  

#1. Promote your best interest. #2. Disclose all market activity. #3. Keep reasons for selling confidential. #4. Present all offers promptly. #5. Disclose buyer/seller motives

 

What Happens When You Overprice Your Home?

Many sellers believe that they need to price their home for more so they have room to negotiate with the buyer. This is so wrong! And here's why?

More buyers will view the property online in the first three weeks than at any subsequent time. If the property is not with in "market range", most of the true potential buyers will not even see your property in their searches. Fewer buyers are attracted and fewer offers received. Marketing time is prolonged and initial marketing momentum is lost. Even if a buyer agree to pay more than "market value" for your property, it's unlikely they will be able to secure a mortgage to complete the purchase. Generally, the longer a property is on the market, the lower a potential buyer's estimation will be of its value, often resulting in a lower sale price.

 

 Is NOW the time?

The New Year brings about exciting changes and thoughts of where we want to be in 2018. For many of us, we are wondering if it’s finally time to get into the right home that fits our needs. This leaves us wondering:  WHEN is the best time to sell? WHAT is my home worth? Is my IDEAL home even out there?

Why it is a great time to sell:  In the Grand Rapids area, and more specifically, Forest Hills, homes are spending an average of 24 days on the market before receiving an accepted offer.  Home values have increased 9.8% over our previous year.  Can you imagine your home increasing by almost 10% in just one year?

Why it is a great time to buy:  Home values are projected to rise throughout 2018 and into 2019.  Delaying may only cause higher prices in the upcoming months.  Mortgage rates are still low.  What it really comes down to is your monthly payment and if that is going to work for you. 

3 Biggest No's When Attending an Open House

 

Every wonder what the three BIGGEST no-no's are to attending an open house?  From a collection of sellers, here it is!  Everything from tracking throughout the house to going through personal property to ~ick~ using the restroom.  This what what sellers hope is not happening in their home while buyers are out their looking for their perfect home.  In conclusion, let's respect the seller's home and treat it how you would treat your own.

 

4 Tips for Getting your Living Space Market Ready

Did you know that 81% of buyers can’t visualize themselves in a home?  Here's what to do:


#1. Light, airy colors always make a space seem larger and more inviting… replace dark or fashion tones with soft, light colors. Whether it is on your walls or in your furniture

#2. Take out your screens. Surprisingly your screens make the inside of the house appear much darker. remove for your professional shots and for showings. The home will appear to get way more natural light.

#3. Take out curtains or curtain rods that cross the center of a window. This makes the windows appear smaller and you lose that beautiful visual.

#4. Add throw pillows! Home needs to feel alive and inviting. Think green and throw in a few plants. But don’t over clutter. Make sure you remove all personal photos for the buyer to visualize themselves in the space.

 

Looking for more Realtor Tips?  Click Here to view GR Dream Homes Youtube channel.