• Typical Reasons Why Your House Might Not Be Selling Typical Reasons Why Your House Might Not Be Selling

    0 comments / Posted on by Steven Rivera

    Typical Reasons Why Your House Might Not Be Selling

    So you’ve listed your home for sale and it’s been showing, and showing, and showing, and…not selling. That means it’s time to make some changes, especially if your home has been on the market more than 30 days.  

    Most realtors would agree that buyers right now are really savvy. They have a lot of ways to do market research. If it’s sitting on the market for more than 30 days, typically buyers are asking, ‘What’s wrong with it?’”  

    If home has spent too many days on the market, this is usually interpreted as a negative quality signal, as buyers speculate that there are may be flaws which made the property hard to sell to previous buyers.

    Having your home sit on the market is more than just frustrating—it’s probably costing you money.  The longer a listing sits, the more the sale price will fall below list price. So every day that your home isn’t selling, it is, statistically, going to sell for less. 

    Here are some likely reasons your home isn’t selling.

    The Price Is Too High

    Pricing a house too high is a common mistake: according to area real estate agents, pricing a home incorrectly is the biggest error sellers make.

    Pricing a home for sale is tricky. There are a lot of ways to slice the data to determine your home’s fair market value. And while data, usually from sales of comparable homes in the area, is important, a top agent’s experience can be invaluable when...

    So you’ve listed your home for sale and it’s been showing, and showing, and showing, and…not selling. That means it’s time to make some changes, especially if your home has been on the market more than 30 days.  

    Most realtors would agree that buyers right now are really savvy. They have a lot of ways to do market research. If it’s sitting on the market for more than 30 days, typically buyers are asking, ‘What’s wrong with it?’”  

    If home has spent too many days on the market, this is usually interpreted as a negative quality signal, as buyers speculate that there are may be flaws which made the property hard to sell to previous buyers.

    Having your home sit on the market is more than just frustrating—it’s probably costing you money.  The longer a listing sits, the more the sale price will fall below list price. So every day that your home isn’t selling, it is, statistically, going to sell for less. 

    Here are some likely reasons your home isn’t selling.

    The Price Is Too High

    Pricing a house too high is a common mistake: according to area real estate agents, pricing a home incorrectly is the biggest error sellers make.

    Pricing a home for sale is tricky. There are a lot of ways to slice the data to determine your home’s fair market value. And while data, usually from sales of comparable homes in the area, is important, a top agent’s experience can be invaluable when...

    Read more

  • Halloween Decor Dos and Don'ts When Selling Your Home Halloween Decor Dos and Don'ts When Selling Your Home

    1 comment / Posted on by Steven Rivera

    Halloween Decor Dos and Don'ts When Selling Your Home

    Halloween begins the holiday season when home decorations, both outdoor and indoor are on display through the new year. If you home is on the market now, you can still bring out the decorations, but with some cautions.
     
    Curb appeal is the first step to entice buyers through the front door. First impressions alone can sell your home. Little goblins and ghosts are accompanied with parents who are in the home buying frame of mind. Be prepared to make the most of your curb appeal by toning down the decorations, especially for Halloween, so that potential buyers can actually see the beauty of your home.
     
    Safety first. Always. Keep the walk in front of and to your home clean and debris-free. Make sure the walkway is well lighted to avoid accidents. This Halloween, go more for the fall look with pumpkins and flowers rather than a collection of screeching bats and frantic witches. You’re selling a home and it should always feel warm and inviting, not frightening.
     
    Be sure that all your windows are nice and clean and let the sunshine in. This year, avoid taping paper decorations to your windows. Turn the lights on and create a warm autumn atmosphere inside your living room. This coziness will help buyers see themselves sitting by the fire.
     
    Take down the decorations the day after Halloween except for the Thanksgiving fall type décor. It’s back to staging the best curb appeal possible. Sellers who leave decorations up long...
    Halloween begins the holiday season when home decorations, both outdoor and indoor are on display through the new year. If you home is on the market now, you can still bring out the decorations, but with some cautions.
     
    Curb appeal is the first step to entice buyers through the front door. First impressions alone can sell your home. Little goblins and ghosts are accompanied with parents who are in the home buying frame of mind. Be prepared to make the most of your curb appeal by toning down the decorations, especially for Halloween, so that potential buyers can actually see the beauty of your home.
     
    Safety first. Always. Keep the walk in front of and to your home clean and debris-free. Make sure the walkway is well lighted to avoid accidents. This Halloween, go more for the fall look with pumpkins and flowers rather than a collection of screeching bats and frantic witches. You’re selling a home and it should always feel warm and inviting, not frightening.
     
    Be sure that all your windows are nice and clean and let the sunshine in. This year, avoid taping paper decorations to your windows. Turn the lights on and create a warm autumn atmosphere inside your living room. This coziness will help buyers see themselves sitting by the fire.
     
    Take down the decorations the day after Halloween except for the Thanksgiving fall type décor. It’s back to staging the best curb appeal possible. Sellers who leave decorations up long...

    Read more

  • How to Become a Jedi Master in the Search For Your Dream Home How to Become a Jedi Master in the Search For Your Dream Home

    0 comments / Posted on by Steven Rivera

    How to Become a Jedi Master in the Search For Your Dream Home

    Be Prepared to Act Quickly

    Today’s market is a seller’s market. Inventory is low and we are seeing bidding wars, where the seller ends up selling for a higher price than the initial listing price. Following a few rules of thumb for this competitive market will help you to become a Jedi Master in the search for your dream home. It is advised that agents and homebuyers should be available as quickly as possible, so they can act quickly.  Buyers should be prepared to lose a few before they purchase the home they truly want.

    Be Logical in your approach

    Too often, first-time homebuyers are emotional and become attached to a less than desirable property. Spending the time to research the local market trends without reacting too quickly will surely help you to become savvy in the market and in turn actually become a Jedi Master in the search for your dream home. Purchasing a property should never be a rushed process. First time homebuyers should diligently research and utilize the advice from real estate professionals which can set the foundation for future real estate investments.

    Communicate Clearly with your Agent

    Tell your Realtor exactly what you are looking for, in the neighborhood you are looking in, so they can best help you find your dream home. The more specific you can be, the more your Realtor can be helpful. Remember, when they’re working for you in the market talking to other Realtors, they need to filter their search and...

    Be Prepared to Act Quickly

    Today’s market is a seller’s market. Inventory is low and we are seeing bidding wars, where the seller ends up selling for a higher price than the initial listing price. Following a few rules of thumb for this competitive market will help you to become a Jedi Master in the search for your dream home. It is advised that agents and homebuyers should be available as quickly as possible, so they can act quickly.  Buyers should be prepared to lose a few before they purchase the home they truly want.

    Be Logical in your approach

    Too often, first-time homebuyers are emotional and become attached to a less than desirable property. Spending the time to research the local market trends without reacting too quickly will surely help you to become savvy in the market and in turn actually become a Jedi Master in the search for your dream home. Purchasing a property should never be a rushed process. First time homebuyers should diligently research and utilize the advice from real estate professionals which can set the foundation for future real estate investments.

    Communicate Clearly with your Agent

    Tell your Realtor exactly what you are looking for, in the neighborhood you are looking in, so they can best help you find your dream home. The more specific you can be, the more your Realtor can be helpful. Remember, when they’re working for you in the market talking to other Realtors, they need to filter their search and...

    Read more