Sell House Now Tips and Information – Learn How to Sell a House Fast

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It is now doubt the real real estate market will slow down during the holiday season. This is good for realtors and real estate investors who have been working very hard to help clients buy and sell houses but not so good for buyers and sellers.

If you are in the market to buy a house, December and January can be a good time to pick up some great deals on a house because there are not many buyers. It can also cause an issue for home buyers because the number of available homes typically is lower during the holidays as home sellers don’t want to move during this time.

The cold weather also has an affect on the real estate market. The colder it is outside the less home buyers are out shopping for a great new home and the less number of open houses real estate agents hold. In months when the weather is warm the number of houses for sale increases and so does the number of sold homes each month.

Does this mean you should wait to sell your house until Spring? Well, if you can wait it might be a good idea too, but many home owners need to sell their house now. The truth is life happens and there are many reasons a home you expected to stay in for seven to ten years suddenly becomes a home that you can only stay in for two or three years.

Home owners who need to sell their house fast typically have one of the following reasons: foreclosure, job transfer, divorce, relocation, family illness, short sale, etc. There are many reasons home owners need to sell a home but if you are experiencing any of the above stated issues you are more likely to need to sell quick.

The problem with needing to sell a home fast in the current real estate market is many home owners do not have much equity so selling a house can be very difficult. If you owe more for your home mortgage than what your home is worth it can seem impossible to sell your home. The truth is you still have home selling options. You can have a professional realtor or investor complete a short sale, lease option your home until the market increase or you can rent your house until the market increases and sell then.

It is important that if you are wanting to sell a house you discuss all your options with a real estate professional. Real estate can be a tricky thing to handel especially when you have an emotional attachment to the home. Discussion all your options with someone who is an expert and does not have an emotional attachment can help ease the process of selling a home.

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Source by Shaun Greer

4 Tips For Selling a Haunted House

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Stigmatized properties are those properties that have unfavorable conditions that make them less attractive for selling. Under this group are homes where murders or suicides are committed, where there are previous owners with serious medical conditions, or those homes believed to be haunted. What if your house happens to be haunted and you want to sell it? Do you think this is possible? Here are some tips to help you sell that ghost-inhabited house of yours.

Find special buyers for your special house

Stigmatized as it may be, but it is a special property too. Why? Because it can have a special market. True enough, there are buyers who will be interested in buying haunted houses. There are people who capitalize on haunted experiences for business. There are also organizations which buy stigmatized properties for their paranormal or parapsychological learnings.

Ahead of time, disclose the truth to all possible buyers

Haunted houses have such frightening reputations in neighborhoods and communities. They are usual topics of scare stories. If your house happens to be haunted and you’re selling it, it will be wiser if you’ll let buyers know that it is haunted. Even if you don’ disclose that fact, buyers will readily know from neighbors and other people because it is a common knowledge. Make potential buyers happy with your honesty.

Cleanse the house of negative spirits

There are individuals who have reputations of driving bad spirits away. They can be priests, spiritual persons, faith healers, or paranormal experts. Let any of these persons handle the task of cleansing your house. Let this activity be known to potential buyers. Raise buyer awareness by inviting other people when these activities are done.

Slash the price

Because the property is stigmatized, you have to consider that buyers will usually negotiate for lower prices. Thus, you really have to adjust your selling price into favorable ranges. With this, you are somehow making the house become favorable in at least one factor.

If despite following the above tips, you are still finding difficulty selling the haunted house in your ownership, then you can always tap the help of your local real estate agent.

Real estate agents have knowledge on stigmatized property laws in your state. They can help you disclose facts about the house you are selling. They can also help you in negotiating prices to interested parties as well as with the paperwork necessary to close the deal.

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Source by Desare A Kohn-Laski

How To Find a Real Estate Agent

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You may be of the opinion that you don’t need a real estate agent and that using one will add to the cost of buying your new home.

The fact is that a real estate agent’s fees are typically paid by the seller of the home. So, as a buyer, you can get the services of a professional real estate agent without having to directly pay for it. Please confirm this in any paperwork or contracts that a real estate agent may provide because policies vary greatly by state and company. Be sure to ask about fees when you interview agents.

Most of these agents may work with buyers and sellers but often they specialize in working with one or the other. Make sure the agent that you choose has experience working with buyers and with no down payment transactions.

Be careful if you are speaking with a real estate agent and they don’t seem to recognize terms like “Down Payment Assistance Program”.

Start making a list of possible real estate agents to interview with referrals from your lender, friends and family.

A referral from the lender is great because you get the services from people that have worked together in the past and are already familiar with each other’s systems. This can help prevent any last minute surprises or obstacles.

Questions to ask while you are interviewing an agent:

Please explain your fees.

Are you familiar with any no down payment financing programs?

Have you been involved with no down payment buyers in the past?

Would you mind providing sample contracts so I may review them?

Does it clearly state in the contract who will be paying your fees?

How long have you been a real estate agent?

Do you mostly work with buyers or sellers?

I’m looking for a home in the areas of ______. How familiar are you with those areas?

What specific steps would you take to help me find the home I am looking for?

You should also try to get an idea of these factors while you are speaking with the agent.

– Does this person have good negotiating skills?

– Do you feel this agent is trying to understand your situation so that they can properly represent you to sellers?

– How much knowledge does the agent have about mortgage markets?

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Source by Alex Fir

How to Sell Your Home Fast With Rent to Own!

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If you need to sell your home and need to sell it fast, you may consider selling with rent to own. There are many people out there who want to own a home but that do not presently qualify for a mortgage. If you are having a hard time selling you can take advantage of this wonderful ready-to-move group of people. It is as fast and easy as A-B-C. (Advertise, Barter, Contract)You sell your own home and the tenant buyer becomes a happy and quick home owner. Best of all, you can move on with your life!

A. Advertise to sell your home fast. Place an ad on a free web-site, like Craigslist, in a daily or weekly newspaper, or on local bulletin boards. Describe your home, number of bedrooms, bathrooms, extra features, why you bought it, general location, and any special features. Advertising tip: Lead off with Rent to Own, a sure attention getter. Also, add photo, it is worth a thousand words. Include your contact information, telephone number or email address.

B. Barter. You need to sell your home fast. So, be flexible with the renter/future owner. The tenant buyer is looking at your home to see if it meets his needs and if he would like to invest in it. You are investigating the renter to see if you want to sell your home to him on super fast, easy and agreeable terms. If you have confidence the renter will be able to hold up his end of the agreement, start the bartering process. To sell your home fast, you need your house payment made every month and may want a bit more for anything unexpected that comes up. A deposit is normal to show good intentions and to cover damages if the agreement does not work out. This can be from several hundred dollars to several thousand. The renter may need some time to pay the deposit in full, if it is a large amount. Be flexible, selling your home fast is the goal.

C. Contract. Once you sell your home, you need to document the agreement. You may want to pay an attorney to draft the contract or do it yourself. Many office supply stores have forms that cover the basics and blanks that can be filled in. Many forms are available on-line. Fill in the blanks and sign and date the agreement. Collect the money. Congratulations. You sold your home fast with rent to own!

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Source by Wendy Black Polisi

Do Flat Fee MLS Listings Take Longer to Sell?

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Many property sellers who are contemplating listing their property themselves wonder if their properties will take longer to sell than if they instead chose to sell their properties using the traditional Realtor method.

How long a property takes to sell depends most heavily on the property’s list price. Second most important is the particular Realtor (in traditional listings) or the particular seller (in flat fee MLS listings) and how well they accommodate ALL showing requests. Third most important is how well the property shows and is marketed, along with whether or not a full Buyer’s Agent commission is being offered.

For sold properties in 2012, the average number of days it took for residential properties to sell was:

Okanagan Mainline Real Estate Board: 132 days

Real Estate Board of Greater Vancouver: 53

Our Flat Fee MLS Listing company: 67

The Real Estate Board of Greater Vancouver is the hottest real estate market in BC, so it would make sense that its days on market is so much less than the Okanagan’s average number. Our listings tend to be more heavily weighted with listings in the Lower Mainland area, but 36% of its listings in 2012 were from the Okanagan region. Having said that, it’s quite clear that our flat fee MLS listings sell in roughly the same period of traditional listings.

The takeaway here is that the particular market, the property’s list price, and being listed on the MLS® system is far more powerful than whether or not a Realtor is used to sell a property vs. the seller. It’s also important for flat fee MLS sellers to offer a full buyer’s agent commission to maximize the cooperation from local Realtors. It’s estimated that the number of Realtor showings will drop by up to 90% depending on how much the property seller reduces the buyer’s agent commission that is offered. Therefore, we always strongly recommend that in the Lower Mainland a buyer’s agent commission of 3.255% on the first $100k and 1.1625% on the remainder is offered and in the rest of British Columbia that 3.5% on the first $100k and 1.5% on the remainder if offered.

We are a brokerage and member of the Canadian Real Estate Association. The company specializes in creating flat fee MLS listings and providing the support and guidance to get the property sold. We serve clients located in the province of British Columbia in Canada.

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Source by Shawn R. Brown

For Sale By Owner and the Web

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Unless you have been living under a rock, you know the Internet has radically changed society. In real estate, this has led to a massive surge in for sale by owner properties on the web.

For Sale By Owner and the Web

In the past, choosing to go the path of “For Sale By Owner” could turn out to be incredibly difficult and overbearing. Realtors dominated the market because they had proprietary access to the multiple listing service, known as MLS, and you had to be listed in it if you wanted your property to be seen. Thankfully, the Internet has made selling a home yourself incredibly easy in a variety of ways.

If we flash back 10 years to the pre-internet days, we would find a real estate market that looks foreign to what we have today. In that market, the number one method for selling your home was to list it in the multiple listing service controlled by real estate agents. This, of course, allowed them to get their hooks into you and squeeze out a commission regardless of the quality of service they provided. If we flash forward to the present day, we find a new landscape.

A 2005 study of homebuyers across the United States revealed a fact that most realtors are loath to admit to, but know exists. Over 70 percent of homebuyers shop for potential properties on the internet. Yes, seven out of every 10 are hopping online and finding the property of their dreams. Why? The reason is very simple. Would you rather drive all over town looking at homes that don’t really match what you are after and blowing your valuable time or would you prefer to sit at your computer and click through properties with pictures? Unless you really love driving, the answer is obvious.

In our modern society, time is the most valuable asset. Listing your property on the internet is a huge time saver because it is all point and click. If you are selling, you can upload descriptions and pictures for buyers to view. If you are buying, you can see pictures of both the inside and outside of potential properties while relaxing at your desk. Either way, it beats sitting in traffic while driving all over town.

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Source by Raynor James

For Sale by Owner Property – Where to Spend Money on Repairs and Improvements to Make a Sale

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When you are trying to sell your home yourself, you have to decide how much money you will spend to get the house ready to sell. You should spend no more than is required to make sure your home sells quickly at a high price.

Two areas where you can spend a lot of money are home improvements and repairs. You might want to make a list of all improvements and repairs your house needs, and assign a cost to each.

You must then decide which improvements and repairs you will make. You must consider not only the cost but also the increase in value of each one. If you spend $10,000 will that add $12,000 in value to the house? If so it is worth doing. But if it adds only $7,000 in value it is not worth doing.

Some repairs have to be made, but not all. Even if repairs are listed on an inspection report they don’t necessarily have to be made. You can just reduce the purchase price by giving the buyer a credit for the cost of the repair.

Sometimes buyers would rather make the repairs and improvements themselves. They have particular products they like to use. They may have different quality standards than you have. They usually have their own way of doing things.

What you want to do is consider that every dollar you spend is an investment. Be sure you will get a good return on investment for everything you do.

Some improvement and repair decisions are very easy because they add obvious value and are really cheap. Cleaning carpets and painting walls would fit in this category. There are many small inexpensive repairs and improvements you can make, and these are what you should concentrate on.

If you have any questions, talk to an appraiser who is charged with giving the actual market value of your home for the lender. An appraiser can tell you how much a big-ticket repair or home improvement will add to the value of your home.

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Source by Leo J. Vidal

How to Choose a Realtor – 7 Questions to Ask Your Real Estate Agent

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Buying or selling real estate is probably the most significant transaction you’ll ever make in your life. That’s why it’s important to choose the best Realtor to help you achieve this goal. But before you hire the services of a real estate agent, there are important factors to consider.

Many people have the perception that all real estate agents are the same. Some sign with the first one that comes along. Unfortunately, they realize later on that they should have been more selective before signing an agreement. To guide you in choosing the best Realtor for your needs, below are seven questions to ask your prospective real estate agent.

1) What is your experience in real estate?

The first thing you need to ask a real estate agent is how long they’ve been in the real estate business. It doesn’t mean that you cannot enlist the services of newly licensed real estate agents. Just keep in mind that those who have years of experience under their belts are probably more knowledgeable on what to do, from listing to closing. Aside from the number of years in the business, ask them what segment of real estate they focus on – residential, commercial, luxury, etc. Find out if he/she is primarily a listing agent or a buyer’s agent (or both). Familiarity with the market is also essential, so ask what geographic areas the agent usually covers. You can even dig deeper by asking if the agent has received any awards for outstanding performance.

2) How many and what types of properties have you listed and sold in the past year?

It’s one of the most important questions you should ask a real estate agent. The number of properties he or she has listed and sold in the past year is a valuable indicator how good a real estate professional is in getting the job done. Take note that this question consists of two parts: properties listed and properties sold. Agents may demonstrate their ability to list homes; however, the more important thing is the sales part – the ability to close deals. If they have many properties listed and sold in the past year, it shows that whatever strategy the agent is using, it’s certainly working.

3) What was the average sales price for the properties you’ve sold over the last year?

Asking this will give you an idea in what kind of market the agent specializes. Find out if the real estate professional has experience selling properties in the price range you’re listing at. If a majority of properties sold falls on the low-end market segment, it might take longer for the agent to sell if yours is a higher-end home. Although agents can sell any property regardless of price range, it’s likely that they will have better success in the market and price segments in which they have the most experience.

4) What is your average sale to list price ratio?

The sale to list price ratio (sometimes called the sale-to-list or list-to-sale ratio) is the final sales price divided by the listing price, expressed as a percentage. If it is 100%, it means the sales price was equal to the list price. You can view this ratio in two ways. A skilled listing agent can negotiate sales prices that are equal or close to the list price, and sometimes even greater in a very competitive market. So ideally, listing agents should have sale to list price ratios closer to 100%. On the other side of the coin, a good buyer’s agent can often negotiate a sales price that is lower than the list price. Therefore, buyer’s agent ratios ideally should be lower than 99%.

5) What marketing strategies will you use?

Deciding on what strategies to use can spell the difference between success and failure. A poor marketing strategy will diminish the chances for success. Do your own due diligence by asking how the agent will sell your property. There are lots of options – staging, open houses, joint marketing, print advertising, and of course, online marketing. Whatever approaches are used, they should be designed to bring in the highest number of qualified potential buyers. Higher end properties can also often benefit from professional staging. In any case, your agent should advise you on how to best prepare the property to make it the most attractive to potential buyers.

6) Can you give me some references?

Reputation is important in this line of business. Whether you’re buying or selling a property, you should ask for references (past clients). If possible, call a few and ask them about their experiences with the agent. Were they pleased with the service provided? Also ask if they are in any way related to the agent. A list of references made up of friends or relatives generally won’t provide an objective assessment of the agent’s qualifications.

7) Do you offer any type of guarantee, and will you let me out of my contract early if I am not satisfied with your service?

You can’t say with certainty how things will go, even if you did your due diligence. For this reason, you should ensure that you’re prepared for any eventuality. If you sign a contract and later find that you’re not satisfied with the service, will the agent allow you to cancel the agreement? If things don’t work out the way they’re supposed to, you should have the freedom to choose another agent who can deliver better results.

As you can see, there are many things to consider when choosing a real estate agent. Finding and interviewing Realtors can be a very time-consuming and laborious task. However, now armed with these seven questions, you are on your way in choosing the best Realtor for your needs.

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Source by Charles A. Kush III

Mortgage Brokers – Turn FSBOs Into Referral Goldmines With This Awesome Phone Script

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Even with the housing marketing as crappy as it is, converting for sale by owners (FSBOs or also known as “fizzbos”) into referral sources is still an effective marketing strategy. Don’t make the mistake of thinking that you are only going for the opportunity to help that fizzbo get a purchase loan for his new home. The real goal is to develop a relationship with the homeowner so that you prequalify all of the potential buyer prospects interested in their home that’s for sale. Using a phone script will make this even easier.

Drive around your area and search for all the homes being sold “For Sale by Owner.” And if your area is like mine, there should be plenty of them. When you find one, write down the address, phone number, and sales price if it’s available (if they have a flyer, even better).

Once you have collected several addresses and phone numbers, it’s time to make the phone calls. Because FSBOs are heavily targeted by real estate agents, the homeowner will probably be very resistant to your phone call. You have to break through that resistance as soon as possible. And the best way to do this is to tell them early that you are not trying to get their money. Once they know that none of their money is at risk, they’ll be much more open to talking to you. Here’s the script to use:

FSBO: Hello?

You: Hi. Are you selling the beautiful home on 15 Oak Street?

FSBO: Yes I am. Who am I speaking to?

You: My name is Ken Johnson from ABC Mortgage and I was wondering what your sales price is on the home? Oh, and what’s your name by the way?

At this point, the fizzbo will be a little taken aback. His resistance is still high because he knows you are from a mortgage company, but you haven’t said anything yet to make him hang up on you.

FSBO: Well, my name is Bob and I’m wanting to get $200,000 for it. Now, why are you calling me?

You: Bob, I can hear the agitation in your voice, and I can probably guess why its there. Since you placed that for sale sign in your yard, you are most likely getting bombarded with calls from real estate agents wanting you to list your home with them. I can promise you that I’m not calling about that.

FSBO: Really? Then why are you calling?

You: I want to create a win-win partnership with you. One in that you sell your home quicker and with much less stress, and you don’t have to pay me a single penny.

FSBO: Well, I could use any help selling this house faster. But what’s in it for you?

You: Typically, during the time a house is listed for sale, it gets interest from dozens of potential buyers. Almost all of the prospects will not buy that particular home. But they still want to buy a home and probably need financing to make it happen. It is those buyer prospects that I want to get business from.

FSBO: Ok, I see. But how will you help me then?

You: I’m glad you asked that. Did you know that when it comes to selling a home “fore sale by owner”, most of the transactions never get completed? Were you aware of that?

FSBO: No, I wasn’t. Why is that?

You: The number one reason that those transactions never get to the closing table is because the financing was not properly established by the buyers. So they will go look at homes that they just can’t afford (because they haven’t been prequalified by a mortgage professional) and then go making offers. This results in a lot of wasted time (and plenty of stress) for the homeowner.

FSBO: So you’ll help me by prequalifying the buyers interested in my home?

You: Exactly! By allowing me to prequalify them (at absolutely no cost to you), you will only have to deal with those prospects who are financially able to purchase your home. Besides weeding out all of those buyers who can’t buy your home anyway, the process of prequalifying eliminates those prospects who are just “lookers.” You know, the ones who are always driving around looking at houses for sale, but never intend to buy them.

FSBO: Wow. So you’ll do that prequalifying for me, and I don’t have to pay you anything?

You: Nope. Not a single cent. I will make my commission from the buyers side. Does this win-win situation sound like a good idea to you?

FSBO: Yes it does. What’s the next step?

Once you have the FSBO onboard, everything else will be cake. Each FSBO relationship that you establish should be able to provide you with several buyer prospects. Having a few FSBO partnerships will generate a steady stream of purchase mortgage leads. And because the time to maintain them is minimal (its basically just prequalifying prospects once you have your partnership created), you can have a number of ongoing partnerships going on simultaneously. Just remember to come across as not wanting to get any of their money, and they will be much more willing to work with you.

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Makler Heidelberg

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Source by Joseph Pahl

Timeshares For Sale by Owner – Discover What Mistakes to Avoid and Get the Most Out of the Sale

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In the past few months we have seen a surge in the amount of foreclosures and properties in default by their owners. Timeshare properties included. If you are reading this is probably because you are in need to get rid of the property and you want to learn the best way to list timeshares by owner instead of going through an agent that is going to take a big chunk of the sale for commissions. I don’t know about you, but I’d rather keep that money and put it to good use. After all, the information that you are going to need in order to sell your timeshare for cash and fast is already out there.

Selling My Timeshare

When selling a timeshare it is crucial that you avoid these mistakes in order to make sure that you are selling for the right amount and in a timely manner:

1. First of all, find out the current market value of your property. Avoid the most common mistake owners make which is listing far too low or way too high

2. Use the power of the web in order to list your property. The best way to sell a timeshare fast is by placing your listing in as many places as you can think of. You need lot of eyes reading about your property and seeing great photos of it.

3. In the event that you hire an agent, make sure to ask all questions possible and to read the contract carefully. Make sure that you will not be required to pay any out of pocket expenses in the event that they can’t sell your timeshare.

Sell My Timeshare Now

The first step in all timeshare resell process is to get the current price for the specific resort where your timeshare is. There are places online where you can get this information for free by filling out a quick form with your name and email address and the name of your resort. This information is 100% Free and it will be the difference whether you sell timeshare now or not.

Immobilienmakler Heidelberg

Makler Heidelberg

Immobilienmakler Heidelberg
Der Immoblienmakler für Heidelberg Mannheim und Karlsruhe
Wir verkaufen für Verkäufer zu 100% kostenfrei
Schnell, zuverlässig und kompetent


Source by Andy Snyder

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