Archive for June, 2009
5 Ways to Expedite a Sale
In 1 on 06/30/2009 at 8:32 pm5 Ways to Expedite a Sale
Selling a home quickly remains a challenge in many markets across the country. Heidi Cole, an associate with the Corcoran Group in Palm Beach, Fla., offers this advice for anyone who wants to expedite a sale:
Cut the asking price to 10 percent to 15 percent below what comparable properties in the neighborhood are selling for.
Spruce up the outside. Update the landscaping. Power-wash the exterior and paint the door.
Appeal to first-time buyers. Advertise on younger consumers’ favorite Web sites, such as Facebook and Twitter. Hire a photographer to shoot the house with a wide-angle lens so the rooms look bigger in online photos.
Price the house in the lower end of the range. A $299,000 house is in the high end of the $250,000 to $300,000 range but a $301,000 home is in the low-end of the $300,000 to $400,000 range.
Do what you can to make the deal close quickly. Be ready to move, offer to pay part of the closing costs, and/or throw in a year’s worth of association fees.
Source: http://www.realtor.org/RMODaily.nsf/pages/News2009063005?OpenDocument
How to Woo First-Time Buyers
In 1 on 06/16/2009 at 8:51 pmHow to Woo First-Time Buyers
First-time home buyers can be tough to catch because they are wary of overpaying and skeptical about buying homes in need of improvement.
A survey for Coldwell Banker last year found that 81 percent of first-time buyers said move-in conditions were very important. Only 7 percent were willing to consider fixer-uppers that they could buy cheaply.
Here, according to Coldwell Banker Associated Brokers in Southern California, are ways to lure a first-time buyer:
New paint, decluttering, and removing odors are very important, but don’t urge too many expensive modifications.
Offer to pay closing costs.
Provide a home warranty.
Make a counteroffer, even if the first offer is really low-ball
Source: The Wall Street Journal, Amy Hoak, (06/16/2009)
4 new listings at Kale Realty today
In 1 on 06/16/2009 at 2:46 pmIt’s only 9:45 am. We have listings in Lemont, Chicago, and Lombard! Visit us at Kalerealty.com
