Posts in category 'For Sellers'

For whatever reason, most of us are aware of "Pi".

Mostly we just think of it as that number that goes on and on forever, with no end or solution. And we just know it as 3.14.

When and why do we learn about it in life? What good does it ever do us?

There's certainly a lot more to it…

For instance, it's a "constant" ratio in circles. And, it's an "irrational" number. They teach us that, too. Maybe that stuff sticks with us. Maybe not.

For most of us, just knowing the 3.14 part is good enough. There's no need to think about it much beyond that. Pi probably isn't going to affect you or me one way or another in life…

But…there is a rath...

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Whether you sold a home in the past few years or not, you're probably well aware that houses have been selling fast, with multiple offers, and over asking price.

But everyone also knows it can't always be like that. The real estate market is cyclical, and we've seen a favorable market for sellers for quite a while now. So at some point it will likely shift in favor of buyers, at least to some degree. When? Nobody knows for sure. But it'll start happening at some point, so it's good to be aware of that and keep things in perspective if you're thinking about selling in the near future.

There are so many different predictions about whether prices will fall, or just stabilize, but most theories are that prices won't continue to rise. Buyer activity is projected to cool off due to rising interest rates, which could lead to less bidding wars, fewer offers, and ultimately lower offers for sellers.

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Your listing photos play a huge role in drawing potential buyers to your home—and, ultimately, getting your home sold.

But if you want your listing photos to attract buyers, they need to frame your home in the right light—and that might mean saying goodbye to some of your home decor prior to snapping your photos.

So what, exactly, needs to go?

A recent article from Apartment Therapy outlined advice from real estate photographers on things you'll want to stash away before you take your listing photos, including:

• Tall vases. Tall vases can make a statement in a room—but because they're so large, they can make too much of a statement in a photo. If you want to display f...

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Picture this…

There's an inexperienced real estate agent in your town.

He hasn't sold any homes yet.

He wants to drum up some business.

So, he climbs up onto your roof and paints what he estimates to be the value of your home.

He feels like this could be a win-win:

YOU get to know the value of your house, so he was helpful to you, without even having to meet with him…

… and HE gets to show you how that he knows his stuff. Hopefully you'll turn to him for help once you want to sell your home.

But you're kind of ticked off, aren't you?

First off, this guy painted on your roof. That's just vandalism.

Beyond that, he wasn't even close to accurate! The value he painted up there is tens of thousands of dollars off.

He didn't even see inside your home

You notice he did the same thing to all the other houses in the area.

He seems off on the value of all of them.

There's no denying that the COVID-19 pandemic has completely changed day-to-day life in America. But how has it changed the experience and process of selling a home?

The 2020 National Association of REALTORS® Profile of Home Buyers and Sellers compared home sellers before and during/after COVID-19. Some of their key findings included:

• Homeowners wanted to sell both before and after COVID hit—but their reasons for wanting to sell changed. Prior to April 2020, the most common reason homeowners wanted to sell their home was to be closer to friends and family. After COVID hit, homeowners were much more likely to report selling because their house was too small.
• More sellers relied on technol...

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