February Real Estate Stats
Home Seller Protection Plan
Are you scared to SELL your home in case there’s nothing to BUY?
I can protect you from being homeless! Ask me about my
Home Seller Protection Plan!
Email Beth for more information
Important Things to “Fix Up” before Selling
When you’re preparing your home for sale, it’s not unusual to need to fix up a few things around the property. After all, you want your home to look its best to buyers, so that you get good offers, quickly. What do you need to fix? Here are three categories that will help you create and prioritize your list.
1. Anything that squeaks or creaks. Is there something in your home that makes a noise it shouldn’t be making? Perhaps it’s a rattling closet door or a creaking floor board? You may be so used to it you no longer notice the sound. But buyers will. Be sure to get those items fixed.
2. Anything that’s unsightly. You don’t have to make your home look perfect. However, things that are unsightly will likely get buyers’ attention. You want them to focus on the terrific features of your property, not the scuff on the wall. Take a walk through your property, including the yard. Pretend you’re the buyer. Do you notice anything that doesn’t look good? If so, tidy it up, fix it up or replace it.
3. Anything that’s broken. If there’s anything that needs repair — an outside tap that’s not working, or a sliding door that regularly careens off its runner — call the contractor or fix it yourself.
Getting these items fixed will go a long way toward making your home appealing to buyers.
Want more tips on preparing your home for sale?
Wrong Pricing Strategy Can Cost you $$
As you’re probably aware, the list price you set for your property has an impact on how quickly it sells – and how much you earn on the sale.
What you may not realize is just how significant an impact it has. Consider the following examples:
Example One:
You want as much as you can get from your house, so you price your property well above it’s current market value thinking there’s room to negotiate. As a result, many buyers don’t bother to see it because it’s outside of their price range. Those who do see it are confused by the high price tag. They may wonder ‘What’s going on?’
In this scenario, the home will likely languish on the market for weeks or even months. You might even have to lower the price dramatically to reignite interest.
Example Two:
You price your property just a couple of percentage points lower than what is necessary to gain the interest of qualified buyers. That might not seem like much of a problem. How much can a couple of percentage points matter?
They matter a lot.
On a $400,000 property, pricing your home just 2% lower than necessary could cost you $8,000 on the sale. That’s a serious amount of money!
So, as you can see, pricing your home right is serious business. fortunately, a good REALTOR® know how to set the right price.
Looking for a good REALTOR®? Call Beth today!
An Additional Property May Be More Affordable than You Think
Generally speaking, most homeowners give little consideration to the purchase of a second property, often citing economic limitations for either a down payment or for carrying an extra mortgage. But sometimes an open-minded approach to the idea can create true opportunities.
For example, your current property may have enough equity to enable you to secure an additional loan. You may also discover that specific real estate investments have the potential to generate dependable income. It takes homework, but properties in areas where rental units are in demand can generate steady cash flow, that can contribute to their monthly upkeep.
Another option might be owning your own cottage, chalet or resort condo. Rather than taking an expensive family trip this year, imagine using that money towards a vacation property, which can be rented out on long weekends or during the peak season.
Alternatively, consider joint-ownership of a time-share property that is arranged as a group purchase with other like-minded investors.
If you’re interested in exploring these options,
Email Beth for more information
Beth’s Services
Maybe the reason so many people are satisfied with Beth Garrish’s service is because Beth is not.
Even though Beth continually brings her clients results, she is constantly working to improve her real estate services. She knows the only way to stay on top is to act as though you’re still on the way up.
Beth starts by listening, really listening, to find out your wants, needs, and dreams. Only with her intimate understanding of your needs does she then start to show you properties or design a marketing plan to sell your home.
This is just on of the many little differences that set Beth Garrish apart.
Call for a copy of Beth’s client referral testimonial list. It’s important to check with an agent’s past clients before signing on the dotted line.