Wednesday, May 29, 2019 / by Nicole Solari
Tuesday, May 21, 2019 / by Nicole Solari
Plenty of home sellers consider their places to be coveted properties that others would be lucky to own. But, that hubris can often lead to trouble when it comes to actually landing an offer and closing a sale.
First-time sellers in particular exhibit some self-sabotaging behaviors that can trip them up on the way getting the deal done. The following are the most common mistakes they make and how to avoid them.
1. Thinking they can go it alone
Selling a home is not for the faint of heart, nor is it an easy DIY project. First-time home sellers quickly realize marketing and showing their property is a full-time job. Unless they’re experts in real estate contracts, appraisals, inspections, and other documentation, they can end up make costly errors. Fortunately, this is an easy one to fix: Hire a licensed agent.
2. Wanting to price it too high
Homeowners may th ...
Wednesday, May 15, 2019 / by Nicole Solari
When you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up some of its possible weaknesses can make a big difference in how fast it sells. Here are our top five recommended repairs to make before selling your home.
Giving your home a fresh coat of paint is one of the most cost-effective ways to spruce it up, and generally, it can be a do-it-yourself project. Make sure to cover any walls with scratches and chips and consider updating any accent walls with a more neutral coat.
Hardwood floors are a very desirable feature in a home, so you want to ensure they look their best by fixing scratches or dull areas. If your carpet is worn or stained, consider replacing them. And don’t forget the tile in your kitchen or bathrooms. Re-grouting can go a long way in making ding ...
Thursday, April 25, 2019 / by Nicole Solari
Sandra Bullock bought this beach house on Tybee Island in Georgia in 2001, but now she’s ready to let it go. She’s selling the oceanfront home fully furnished for $6.5 million.
The listing says, “If you’re looking for your very own private retreat, then look no further than this stunning low country estate. For the serious-minded, this compound, made up of 9 parcels, provides privacy unlike any other on this barrier island. Tucked away on almost 3 acres of fenced, beachfront real estate, you can escape it all in style.”
Take a look!
Sandra Bullock’s Beach House on Tybee Island
The front porch is wide and long and connects to a screened section on each side:
The listing says:
The spacious main house has 3,360 square feet of luxury living including a gourmet kitchen, expansive screened porches, a private home gym, a basketball court, a pool ...
Monday, April 22, 2019 / by Nicole Solari
Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have been reluctant to sell their houses. This is reflected when broken down by state. Only 11 states have a stable level of seller traffic compared to the remainder of the country, which came in with a weak rating.
As we can see in the following table, the number of people who moved last year is half of what the rate was in the 1980s.
This does not come as a surprise, as tenure length (the number of years someone owns a home before moving again) among existing homeowners has increased. It has risen from an average of 6 years from 1985 to 2008, up to 9.5 years over the last few years. This is shown in the graph below:
As we can see, there is a pent-up seller demand!
What led to this change in beh ...