Not so long ago, only truly desperate owners listed their homes during the holidays because they could expect to attract only bottom-feeder buyers eager to take advantage of someone else’s ill fortune.
Today’s real estate market is virtually season-less. With millions of listings available online, buyers house hunt all year long online. In just a few years, the holiday home selling season has become a nearly as busy as the balance of the year. Last year nearly a million homes were sold during the holiday period, about 17 percent of all homes sold in 2015. Yet 2015 was actually slower than 2014, when 1.12 million homes were sold during the holidays, down 18.5% from their most [...]
Buying and selling a house is stressful enough when you’re excited about the process. But what happens when you’re getting divorced? For most couples, their house is their largest asset, so the decision is going to take some thought. Deciding who gets the kids factors into most divorces, but equally emotionally stressful is deciding who gets the house? Should you sell it and split the proceeds, if any; or buy your spouse out? There are other alternatives if it’s not a contentious split. Couples who part ways in an amicable split will often divide the house into two apartments and co-exist. Others will share the house, amicable or not, just to save money. [...]
When you’re ready to list your home for sale there are several important steps to get through in order to maximize your traffic and payout! There’s several ways that you can get your home sold. But, it doesn’t matter if you are looking to sell it yourself or hire a realtor, there’s a proper way to get it listed and SOLD. Here are a few quick tips to get you started.
First and foremost, your home needs to be priced right. Obviously you want to get the most amount possible but your valuation needs to be realistic. Be sure to research all comparable properties that are both on the market currently as well as ones that have sold within the last six months. For additional [...]
One of the harshest truths that sellers ignore is hearing from an agent that their home is “overpriced.” Overpriced homes tend to attract fewer buyers, are more unlikely to sell, and when they do sell, they tend to sell for far less than the asking price. If you want the most money for your property, it’s critical to hit the best, most accurate price before you list. Don’t think, “Oh, we can come down.” It doesn’t work that way. Once a home is on the market you have less than a month to get what you’re asking for. Buyers and agents are most likely to show interest in the first to the fourth week a home is listed. Interest begins to wane in the fifth and sixth weeks, [...]