Posts Tagged → Asking Price
November 1st, 2009
How to Sell a Home in a Slow Market
The “For Sale” signs are popping up like wild flowers and yet the homes sit indefinitely on the market. What does one do to get a quick sell in a slow market?
Pricing your home is the number one key. Even if you have had your home appraised in the past year we suggest you have it appraised again just before listing it on the market. Set your price according to the appraisal and the comps in your area. Over pricing your home will turn potential buyers away immediately.
Condition of your home. Stop and take a good look at the current condition of your home. Ask someone with an objective view to take a look at your home and give you an honest list of what they found to be hindrances. Make the effort prior to listing your home to address each issue raised.
Make your home “stand out” in the crowd! Curb appeal is a definite. A potential buyer will drive past your home even if the price is right if they get a bad first impression from the curb. Clean up the yards and prune your trees and shrubs. Plant bright colorful flowers and put out some garden solar lights. Curb appeal is so important as you want the buyers to want to come inside as soon as they drive up to the curb!
Show your home to appeal to the “masses”. This will include decluttering the entire house, closets and cupboards as well. Remove everything off of your kitchen and bath countertops. If you are going to do some home improvement projects to update your home put your money into the kitchen and the baths. You will regain your investment and updated kitchens and baths sell homes. Update built in light fixtures and carpeting if necessary.
Staging a home for the market will most certainly guarantee you a quicker sell. A home that is “staged” stands out amongst all others. Stat’s prove across the country that a properly staged home will sell at the asking price and sometimes above. If you have your home appraised after all repairs, updates and staging is completed you may well get a higher appraisal value on the home.
If you are looking to “stage” your home on your own we suggest that you get professional advise from a professional home stager so that you are certain that your home is show ready. We at Home Stages Designs offer many Home Staging ebooks to assist the do-it-yourselfers out there. When following the lead of a professional you can rest assured that your home is going to sell quicker than all others that are not show ready. Now days, potential buyers expect to purchase homes that are ready to move into and that they do not have to plunk alot of money into at the onset of the purchase. These are the buyers that will give you your asking price without hesitation.
Make the perfect first impression and sell your home now! See us for more details and related ebooks to get you started on your way to fast home sell.
See us for details on our Home Staging Business & Training Kit on CD-ROM! www.Homestages.com
By admin • Posted in Uncategorized • No Comment
August 29th, 2009
The New Rules of Austin Real Estate: Austin Realtor Predicts Home Prices Will Drop
As America’s financial mess continues, everyone wants to know: What’s going on with Austin real estate values?
Local real estate agent, investor and educator Jay Carter says the local real estate market will get worse for sellers before it gets better. “Not since the oil and gas bust of the 1980s has Austin seen such a wonderful opportunity for Austin real estate buyers and investors,” Carter says. “For sellers, this is only going to get worse.”
Carter disagrees with many prominent local Austin real estate agents who are suggesting that home prices will keep rising. “They absolutely won’t,” says Carter, who has already spotted several listings across Austin where sellers have had to significantly cut their asking price. “The rules of Austin real estate are changing right before our eyes.”
Carter predicts further price declines and more foreclosures to occur well into 2009. “The real estate stock market will keep falling over the next several months and you’ll also start to notice average real estate prices falling in Austin either this winter or early next year.” The current median price of a home in Austin is $182,600 according to the Austin Board of Realtors.
“In economic cycles like this, everyone – from homeowners to hedge fund managers – will want to get out of debt and accumulate cash. This will lead to big discounts on cars, boats, furniture and even real estate,” Carter says. “You’re about to see this happen more and more.”
“The good news here is for future Austin real estate buyers. This will be an unbelievably good time to buy a home, but only if you do it right,” says Carter. “You must be well-qualified and know what you’re doing.”
On Saturday, November 1st, Carter will teach a brand new course for Austin real estate buyers entitled, The New Rules of Buying a Home in Austin. The class, which is based on today’s current economic downturn, will cover not only what is happening now but what’s likely to happen in the Austin real estate market over the next 1 to 2 years and how home buyers can reap the benefits.
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Austin Realtor Jay Carter’s
Predictions for Austin Real Estate
- Average real estate prices in Austin will drop even further for at least the next six months as the public continues to react to stock market declines.
- Austin area foreclosures will increase this winter and spring.
- Homeowners who think they’ll need to sell anytime soon should sell right now. The prospects for Austin real estate sellers will only get worse in 2009 and possibly even 2010.
- Not since Austin’s oil & gas crash of the 1980s has there been such a good time for Austin real estate buyers to find a fantastic bargain, due to the likelihood of further price cuts and still-low home loan interest rates.
Jay is available this week either as a morning show guest or for taped interviews to speak about:
- Current examples of real estate on the market in Austin today where sellers have already dramatically dropped their asking prices
- How Austin will experience a further decline in real estate prices within the next year, and most importantly, why it will happen
- This Saturday’s (11/1/08) seminar for home buyers, The New Rules of Austin Real Estate, which will be held at Austin Community College
For details: Contact Michele Kim Carter, public relations manager for LivingInAustin.com Real Estate, at 512-413-2253 or visit www.livinginaustin.com
By admin • Posted in Green Real Estate • No Comment