Overpricing Your Home- and The Disastrous Effects It Can Have

overpricing your home

When selling your home pricing it properly is 80% of marketing the home.  Overpricing your home has consequences. No amount of advertising, open houses or money will sell an overpriced home. Take a Hyundai Elantra and park it next to a Mercedes SL500.  On thesurface they both have a steering wheel, 4 tires a windshield and they are roughly the same size, yet there are two very different price tags.  You will never get a car buyer to pay the $110,000 price tag the Mercedes has … Continue reading...

We Will Buy Your House for Cash, Close in Two Weeks- Too good to be true?

We buy houses for cash

You see the bandit signs on the side of the road or ads on craigslist, "we will buy your house for cash, close in two weeks" or 'we buy ugly houses",  with the promise of a quick, hassle free home sale. There isn't a seller on the face of the earth who wouldn't want someone to pay cash and close in two weeks on their house and avoid taking the time to properly list and prepare their home for sale.  Wouldn't you?  Lets face it selling your home can be work and be quite … Continue reading...

Sell My Home As-is. The Home Buyer’s Perception

Sell my house as is

I often run into home sellers who state up front they want to sell my house as-is.  There is a time and place to sell your home as-is, but for most home sellers I don't believe that is their actual intention.  Keep in mind there is a legal definition to as-is and a buyer’s perception of as-is and you don't want to market your home as-is unless you need to. I like this concise definition of As-Is, excerpted from The Enforcibility of an As-Is Clause from Robert E Williams. Cited by … Continue reading...

Should I Take My Home Off The Market For The Holidays?

Should I take my home of the market for the holidays graphic

Come the end of October and the beginning of November home sellers start wondering "should I take my home off the market for the holidays?". There wisdom is there are more buyers in the spring and there is usually a slight uptick in home prices in the spring.  While yes there are more buyers there is also more inventory to choose from. As far as waiting another 4-6 months to relist your home no one knows what the future holds there are three things that can happen.  The market … Continue reading...

Depersonalize Your Home for Sale- Take The Home Out of Your House

Horrible Home Decor- Time to depersonalize your home

I ran across an article on the HGTV site about 10 Best Kept Secrets to Sell Your Home. Tip #4 was "take the home out of your house."  I love that phrase. Selling Secret #4: Take the home out of your house One of the most important things to do when selling your house is to de-personalize it. The more personal stuff in your house, the less potential buyers can imagine themselves living there. Get rid of a third of your stuff – put it in storage. This includes family photos, memorabilia … Continue reading...

Five Top REALTORS Around the Country Discuss Pricing Your Home Right

relationshisp of home price to activity

I have compiled a summary and links to 5 REALTORS discussing pricing your home right and the impact it has on you, the seller.  As one of the REALTOR points out and I agree wholeheartedly, is "no amount of marketing will sell an overpriced home". Pricing your home properly based on market data is the most important aspect of selling your home. Bill Gassett, Hopkington MA- Factors to Consider When Pricing Your Home Bill has an excellent article, Factors to Consider When Pricing Your Home. In … Continue reading...

The Verbal Offer- Seller Beware

Sellers beware of verbal offer.

After showing a house I am listing I received a verbal offer on the property.  The buyer insisted I present his verbal offer. As a seller, there are few things you need to know about verbal offers.   It is important to know why you should slow down and insist the offer is in writing.  Here in Massachusetts, an offer is a loose term.  A home buyer usually submits a contract to purchase.  Along with the contract the buyer will also submit any supporting documents like a pre-approval or proof of … Continue reading...

A UHaul Move, A Good Experience

Uhaul moving

I recently helped a friend make a semi long distance move.  My friend was moving a 4 room apartment into storage into a garage about 150 miles away.  We ultimately decided that doing a UHaul move would be the most economical choice, as my friend would shortly be moving again and would have to pay for two moves would be costly. I started by getting quotes from various companies about doing the entire move. Being a REALTOR, I called my go to movers, Bresnanhan's Moving out of … Continue reading...

Deferred Showings- A Powerful Marketing Tool

Deferred Showings

        Recently a fellow REALTOR and friend of mine, Bill Gassett who specializes in the Hopkinton MA Real Estate market and the surrounding area wrote about The Pro's and Con's of delaying showings as a marketing tool. I myself will often use deferred showings as a marketing tool to gain exposure on my seller's homes.  Bill's article prompted me to write about my take on deferred showings. What is a deferred showing? Deferred showings is where a home … Continue reading...

UCC Solar Panel Advisory

News

Previously I have written an article about solar panels, Selling Your Home with Solar Panels.  Before signing a lease and installing solar panels or having a lease agreement transferred to your name, their are a few things to consider.  One point that was brought up  in this article, is that most companies will file a lien or an encumbrance against your home.  Register John O'Brien, from the Southern Essex Registry of Deeds has issued a UCC Solar Panel advisory. Check out this article from … Continue reading...