Are You Trying To Sell Your Home? What You Need To Know

November 5, 2012 by  
Filed under Ready for Real Estate ?

TIP! If possible, you should sell your house prior to the date you must move by. Trying to juggle two house payments while you wait to sell your old house can drive you into bankruptcy.

You cannot go anywhere without somebody giving you their advice about selling real estate. You will not be sure if they are giving you valuable information, or things that they have heard from anonymous sources. If you’re striving to find high-quality information, and you want to become a pro on this subject, then you should check out the below article.

TIP! Do a bit of bathroom remodeling when you sell your home. Add new lights or fixtures.

Pick an agent that places the value of your house at neither the highest or lowest price. If an agent assigns a high value to your home, he may not be giving you a realistic assessment, or may be trying to get your business by overestimating your home’s value. The person that values the lowest cost might cost you thousands since they’ve undervalued the property.

The price makes all the difference. The way to attract purchasers is to offer the house at a price that appeals to both you and them.

Real Estate

TIP! Give your house a fresh look with a new coat of paint. You probably have the skill to do it yourself, and it isn’t very costly.

People selling their own property is fine, but they should still have a good real estate attorney on their team. A lawyer who is a real estate specialist can prevent any bad problems or surprises from popping up while doing the closing and final paperwork.

TIP! Don’t spray air freshener or light scented candles when selling your home. Some may be overwhelmed or even allergic to some fragrances.

It is important that when you are trying to sell your home, you see it more as a marketable commodity and treat it more like a house, than your home. This severs the mental connection you have with the house, which will help you do what needs to be done to sell it more quickly.

TIP! Once you’ve prepared your house’s interior for showing, try to go outside and check your house’s exterior condition. Focus on your home’s “curb appeal”.

Always keep track of information that might be useful to prospective buyers. Give them the contact information for the contractors you have hired along with a description of their work. This will let buyers know about the care that was taken for the home while you owned it.

Try selling your home before the end of winter or the onset of spring. The buyers will probably want to move sometimes during the summer.

TIP! When you have made the decision to sell your house, put in some energy efficient items as an enticement to your buyers. Put in energy star rated appliances and other environmental friendly items.

Two places easily overlooked when cleaning a messy kitchen are usually either under the sink or the junk drawer. Potential buyers will be eyeing every nook and cranny of your home, so be sure to straighten up even those often ignored locations.

A home that appears inviting can seem more welcoming to any buyer. It can make a difference with how many people go to your showings.

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TIP! Don’t jump to the conclusion that your home’s value is equivalent to the appraisal quote that you receive. Multiple appraisals can produce different results.

Always keep the risks in mind whenever you are dealing with real estate. An inexperienced real estate investor will most likely end up learning shortly that there are risks and downsides involved with real estate. Make sure that you spend plenty of time researching this enterprise prior to purchasing any property.

TIP! Be realistic about the value you put on your property. A great way to do this is to compare other similar homes around the neighborhood, town, county, etc, and find out what they’re selling for.

Do some improvements before you sell your home. This will raise the value. Kitchen renovations generally produce the greatest return on investments made. If you have a kitchen that appears dingy and has aging appliances, you may want to think about investing in a renovation so that the home sells faster at a greater profit.

Prospective Buyers

TIP! Stage your home so that the bedrooms appeal to everyone. A manly, uncoordinated atmosphere calls to mind the stereotypical bachelor pad.

Ask for opinions after showing an open house when you are selling your home. You have several options on how to get feedback from the prospective buyers. You can either ask the prospective buyers directly or you can have comment cards available for the prospective home buyers. These comments will let you know what people are liking about the house, as well as what worries they are having.

TIP! To encourage buyers to see a home as theirs, it is a good idea to remove your personal touches from public display. It is as simple as putting away family pictures and other such personal items during the home’s viewing.

In conclusion, it can be trying to listen to so-called experts give you their opinion on selling real estate. The tips and tricks in this article have been widely proven time and time again. Hopefully this article will help to either clear up what you were unsure about, or give you some new information.

Related Real Estate Websites:
realestatemate.com
realestatemate.info
webrealestatehub.com

Expert Answers Your Real Estate Questions

Helen asks…

Do I need to be a licensed realtor in order to create a website like Realtor.com or Trulia.com?

The Expert answers:

No, but you would need tons of servers, T-1 lines, (all very expensive) and be able to actually program something like that – and then have to spend money to market teh website and hope to get listings and page views which will then lead to advertising revenue – maybe

yuo need a LOT of money to get something like that statrted and keep afloat for maybe 2+ years before you start seeing any profit

why would you try and compete with those very well established websites?

Donald asks…

How to filter out “pending” listings from mlslistings.com/realtor.com?

Hi. I’m browsing through mlslistings.com and realtor.com and I’m getting annoyed that 50%+ of the homes on the search results are “pending”, and that I can’t seem to filter them out. As a buyer, I obviously want to only search for homes that are “active” so that my offer can be promplty considered. I’ve tried other sites, but sometimes the other sites are not as accurate as mlslistings.com and realtor.com.

Is there a way i can filter the “pendings” out or is there another trusted, accurate, detailed website that I can use?

PS. Looking for home in CA

The Expert answers:

Not sure specifically how the search function on that site works, but general search allows you to add a – (minus sign) to indicate specific words to be excluded from the responses. So try “house -pending” (or other wording specific to the listings) and see if that helps. Also see if there is an ‘advanced search’ function you can choose.

George asks…

Is this a good deal for a house in los angeles?http://homes.realtor.com/search/listingdetail.aspx?ctid=1557&ty

http://homes.realtor.com/search/listingdetail.aspx?ctid=1557&typ=2&sid=a1454287de8b4055b34bdc45b7a494dd&pg=7&lid=1077268179&lsn=64&srcnt=2323#Detail

okay y so many ppl bash about california being overcrowded and expensive…but i dont hear anyone mention that stuff about new york? …I am an aspiring person who wants to work in a film, record label or tv network so thats pretty much why i decided to go to l.a…is this a good deal fo rahouse

The Expert answers:

First of all, that’s a townhouse, not a “home.”

Secondly, Reseda is not exactly prime real estate. It’s not the barrio, mind you, but it doesn’t rise to the top of must see lists.

It is primarily apartments and condos, which tends to bring in the lower income element.

I’ll tell you what. I don’t work too far from there. I will drive past it at lunch, and let you know if it looks like a dump.

Email me your email address if you want a private conversation.

Welcome to the neighborhood.

Ruth asks…

How do I choose the correct realtor to sell our higher end home?

I need Realtor Help! What sells a home faster – going with someone who does ads in Milwaukee Magazine and is from a bigger Agency or going with a smaller one with seller’s cut at 2.4% or going with a smaller one that does the basic realtor.com,MLS but who offers the seller’s agent 3.4%? THANK YOU!

Which in your opinion will help a 1.5 Million dollar home sell faster?

The Expert answers:

Put yourself in the buyer’s agent’s shoes. There’s 3 homes all selling for $1.5 Million that’s relatively the same in quality, size, location, lot size, age. Would you rather sell your clients the one with the 2.4% commission or the one for 3.4% commission or the one for 1% commission? Common sense and good business sense would want us to show the home for 3.4% commission as we make the most money (and we’re not doing our clients a disservice as all three homes are comparable in price etc).

Also, the majority of interest for your home will be because of MLS and little else. All those magazines only attract people who read that magazine, whereas the internet is for everyone.

In my opinion you just need this: MLS and a realtor with great negotiating skills that can back it up with previous listings he sold (and how close he came to in price, with how many offers) and the purchases he helped his buyers make. You want to see dollar figures in those negotiations.

James asks…

Realtors, do you use online real estate advertising such as: realtor.com, homepages.com? Is it worth it?

Theres a lot of online real estate advertising websites like homepages.com, housevalues.com/justlisted.com, realestate.com, etc. They charge a large fee and make you commit for a certain number of months. I wonder if it is worth paying the charges? Do you get a considerable amount of leads? Do you get your money’s worth? Is there anything that you think is missing from their service?

The Expert answers:

I pay for Realtor.com Showcase listings and have found I get a good number of responses from it (plus it makes the clients happy when they look for their listing). I actually get more response from craigslist and a similar local free classifieds site than realtor.com.

Charles asks…

Burnt Emberes’s how can I email you directly, ‘If u want photos of real estate go to realtor.com?

The Expert answers:

Beats me?

Donna asks…

Why can’t I open Realtor.com?

I can open the home page but when I search for something it say’s “Ooops there’s a glitch! We’re sorry. This glitch is likely temporary, so please go back and try again.” after i couple of minutes I go back and do the same thing and it still it say’s the same thing. What should I do?

The Expert answers:

They are working on the site.

You can try some other places ( I don’t work for any of them and all are free to use)

trulia

realestateabc

zillow

The banks post all their repo’s on their own websites Wells Fargo has theirs at pasreo. Com ( i don’t work for them and it is free)

Richard asks…

Realtor.com comps? I have another appraisal coming up on my condo. The first one in Jan. was $140k.?

The county for several years had their value at $145,500 but recently dropped to $136,500. Can I find accurate comps online, according to what the appraiser might use?

The Expert answers:

Not always, but try your local newspaper. If they are online they probably have a real estate section. Newspapers print monthly sales so it isn’t much of a stretch for them to keep electronic records. I know the AJC does it in Atlanta. Other than that, you can contact a Realtor in your area and ask for a CMA.

Susan asks…

How much do realtor typically spend to market a home?

I was just wondering how much do real estate agent usually spend to market a home in Southern Californa? consider that a home was on local MLS listing, realtor.com, yahoo.com, ziprealty.com , local newspaper, any almost all the website, and color flies…. Is there a typical range that listing agent will spend to market a home?
Let say to sell a $470,000 home.

The Expert answers:

The Average Realtor spends very minimal money marketing a home for sale. Most belong to the MLS in the area and they do pay a monthly fee to belong to the MLS. The Average Realtor spends less than $200 buck marketing the home. Most will just put it in the MLS and put up a sign. The websites Realtor.com or zillow.com are free to post a home for sale. Take in mind this is the average Realtor. A great Realtor will spend up to a couple thousand to market a home, if they commission they are going to earn is going to be substantial. On your home a commission at 3.0% could be up to $14,100 so a if a Realtor spends a couple thousand to sell your home, than the commission earned is well worth the marketing cost.

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Expert Answers Your Real Estate Questions

Sharon asks…

How do I find a really good realtor in Cincinnati?

I’m trying to buy a condo in Cincinnati. Hopefully in the next two months. I have worked with two realtors now, they both seem very slow. I have to remind them to send me information. There is nothing that they have shown me that I could not have found myself on trulia.com/realtor.com. I feel a bit frustrated. I know the market is slow there, so shouldnt there be alot of condos for sale?

The Expert answers:

While the CRS designation is good, you would be better off with a newer agent that is fired up and ready to work for you. If you need help finding a Realtor, let me know I am a Realtor and I have access to great Realtors across the country. Just email me and I will help.

David asks…

I’m trying to buy a house. RSS feeds are offered by Realtor.com but Yahoo won’t add them. Any help?

Error:
There were some problems while loading your page:

Sorry, we were unable to add this feed. Please try again later.

The Expert answers:

There does seem to be a problem with RSS feeds in My Yahoo. See the thread “What constitutes a valid rss feed for my yahoo?” in this category too.

William asks…

On realtor.com is there a way I can search for properties with ponds?

The Expert answers:

Many of the extensions on Realtor.com
are not filled out correctly so
ponds will not get you what you want.

Seek a RE office near where you want to
live and an agent who does BUYER”S agency and never allow your agent
to rep the seller!!

George asks…

For realtor.com, what is the price based on for renting?

I’m looking to rent a place in LA, California and when I search under ‘rent’ prices come up anywhere from $1,500 to $80,000.

What time frame are the rental prices for? Like, it costs that much to rent the place for 1 year? 2 years?

The Expert answers:

Usually, a rental will list the monthly rental price. Actually, that’s virtually always the case. The lease itself will have an annual amount on there. So you’ll see a house listed for rent for $2,000. The lease actually says you owe $24,000, payable in 12 monthly payments of $2,000 each.

But if you’re looking on Realtor.com, or any real estate web site, the listed rental price is per month.

Hope that helps.

Lizzie asks…

Has anyone used Housevalue real estate leads or Realtor.com leads from Lending tree. Which company is better?

Has anyone used Housevalues.com leads or Realtor.com leads from Lending tree? I’ve been getting Real estate leads from Housevalues “Just Listed” and was wondering if Realtor.com with Lending tree provides better leads or a better lead generation program. It would be great to hear from real estate agents that have actually utilized either lead generation programs and how they like it. Thanks

The Expert answers:

House Values had a bevy of promises and answers for every question I asked. I am not easily persuaded and did my due diligence with regards to how effective their screening process was. The sales rep promised, albeit their contract didn’t, that each person that made an internet query was contacted by phone, to ensure it was legitimate, before it ever got sent to a Realtor as a viable lead. My first 5 leads, upon speaking with them, had never been contacted by anyone to inquire if they were truly seeking the assistance of a Realtor. They were simply trying to glean the value of their homes and “had to fill out all the blanks to get to the next screen”, etc.

I cancelled the contract – immediately for their blatant misrepresentation – again, not in writing. They did not refund my advance payment either.

Realtor.com is expensive in my opinion and not worth the money.

I would seek a company that only gets paid when you actually close a deal; whether you’re representing the buyer or the seller.

I’ve established a great referral source and have sold 3 of their leads in 2 months, which of course yields me more leads, because they’re making 25%. It’s a true mutually beneficial working relationship.

If I may make one suggestion. With 74% of the population seeking information on the internet first, when planning to sell or purchase – I would spend all of my money on internet advertising and ensuring that you have a great webmaster. I have acquired the majority of my clientele from the internet, for the Las Vegas market.

Best of luck to you.

Lisa asks…

Realtor.com question.?

I just have a question, concerning people about Realtor.com. What is everyone’s opinion of it? And also, if you have a negative opinion, what did Realtor.com do to make you feel this way?

The Expert answers:

They offer near nothing and charge the candidate $500 or more to join.
I once paid from my pocket and got taken. The next time
it was paid for me by the owner.

It is the best con game in town in RE memberships.

I hope to compete with it next yr.

Paul asks…

Realty company has not removed house off REALTOR.com that we are renting?

How long does this take, i don’t want people driving by.
sorry it was a rental

The Expert answers:

Houses come off of www.realtor.com when their listings expire in the local MLS. I am guessing that the listing for sale is not yet expired, and perhaps the sellers want it that way.

Donald asks…

How do I list a house on realtor.com?

ok resolved…thx

The Expert answers:

Realtor.com is wholly owned by the National Assoc. Of Realtors. They only have listings that are from their dues paid members. Sorry!

James asks…

Realtor.com for $500 flat fee vs. 6% MLS Broker for exposure?

Local MLS brokers do not offer discount RE services, however can list on Realtor.com for flat $500.00. Is the MLS that important for an additional 3% commission, I have my own attorney. I live in a small rural, inland water access community, alot of second homes. Thanks
Great answers, I have sold my home previous and am aware of issues. Looking to downgrade prior to retirement so trade will not work. Figuring $299 sales price at 3%, $8970 just seems like alot of money for a listing on MLS if a buying agent usually sells the property getting their 3%.

The Expert answers:

Realtor.com and the MLS are 2 totally different things.

Listing in the MLS will allow ALL realtors to know that you house is for sale. PLUS realtor.com will also list your house for the public to see. Realtor.com pulls listings from the MLS.

HOWEVER, it does NOT work the otherway around. By paying the 500 flat fee for realtor.com, only the public (and realtors looking on that website) will see your home. BUT!!! Agents will not know about the listing. Basically you will be a FSBO (for sale by owner). Note: agents do not use realtor.com that much/if any. They use the MLS which is very detailed.

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Expert Answers Your Real Estate Questions

Sandra asks…

Could you tell me where I go to find MLS listings for Hamilton and surrounding areas Please?

it is a information site that all realtors and sellers can go to find a newlisting for a home or a listing a For Sale of an older home in Hamilton Ontario Canada.

The Expert answers:

You want to go to www.mls.ca, and click on the province of Ontario and select South-West 4 then the Hamilton-Burlington District. That will take you to the property search menu, here it would be useful to have more information to input such as, number of bedrooms and bathrooms, your price range and what property type (i.e. Bungalow, split-level etc).

Richard asks…

How do I check mls listings on my own? I’m not a realtor but want to do my own search.?

What do I need, where do I look?

The Expert answers:

If you think this question throw you may find out how they made the bubble.

You can see from the answers from others that this is inside information and many times miss leading.

First off there are several MLS, and there are many thing not even listed such as new homes, short sales, repose, for sale by owner and the list goes on. This has shorted the market and drove up prices and that in short is how they made the bubble.

Http://www.breakingbubble.com/index.htm

As a buyer how could you ever be informed since there is no way you can find out what is for sale??

May be one day soon the housing market will be open fair and honest, there will be mandatory county ran MLS that is publicly assessable. What other so called investment can be sold like this.

You might want to hold out and sve and pass the word. Best of luck

Carol asks…

What’s the big deal about MLS listings?

A lot of people are saying I need to get my real estate license so that I can get access to the MLS listings. Could someone please tell me all the information on the listings that would be beneficial to a real estate investor?

Also, once you get your license, do you have access to the listings? I have got some info online, but am still in the dark on a couple of things. Thanks guys.

The Expert answers:

The MLS is the original source for all the information you find online. However, it is so much more. It has a complete history of all listings. You can’t do your job without the MLS. That is why all brokers require you to have it.

As for access. You have to pay a quarterly fee and it’s available to only licensed agents and a few others like appraisers.

Steven asks…

are mls listings available to the public?

I can find lots of sites that are run by realtors.

The Expert answers:

I have found that you can do property searches on MLS websites, but they don’t give you all the information that they give a participating Realtor/Agent. It won’t show you the address, and it won’t show you some of the notes it gives the Agents.

Check with your local Association of Realtors and ask for their MLS website. I’m sure they will be happy to give it to you. They will also provide you with a list of Realtors in your area.

Maria asks…

Where can I search and see all Orlando MLS home listings for free without giving out personal information??

I want to be able to search all homes for sale on a single google map (most websites only show 50 or so at a time).

The Expert answers:

Http://usethedots.com/MLS/Map through a dig posting ( http://digg.com/business_finance/Search_Orlando_MLS_by_Map ). It lets you search ALL Central Florida MLS resale homes at ONCE! I have found it extremely useful!

John asks…

Please provide the MLS listings for houses sold in Porterville, CA during the last three months.?

I have a disabled friend who is considering spending her entire life savings on a one story house (2500 sq. ft, built in 1996) in Porterville, CA with two bathrooms for $499.500.00 and I would like to see the MLS listings of houses sold during the last few months to advise her accurately.

The Expert answers:

Go to realtor.com,, you can search any city real estate msl’s in the country. I do it all the time

anyway I looked and she is getting ripped off.

Mark asks…

Does the MLS (multiple listings service) advertise for their members?

Does the MLS (multiple listings service) advertise their members listings through real estate magazines while the real estate agents pay the MLS for the advertising service.

The Expert answers:

The MLS is not an advertising service.

It is a “multiple listing service”.

Before there was such a service, if you as an agent wanted to show another agent’s listing you had to call them up and introduce yourself and prove you could be trusted with a key to someones house.

Now we have the MLS computer based system to help us find homes to show our buyers and to help look up comparables to see how the market is doing in a particular neighborhood. We have electronic key-boxes so that the keys are securely kept yet easily assessable to qualified agents. We have classes for further education and a forum to air grievances if someone is not honest.

James asks…

How can I find out the price MLS listings SELL for in Winnipeg without having to contact a realtor?

The Expert answers:

May be contact the local city hall

Ken asks…

Free site that shows ALL MLS listings?

I’m looking for a free site that shows all the MLS properties in my area, both current listings and recent solds. I don’t need full property details but I do need asking / sale price and DoM.

I hear that sites like Zillow.com and ZipRealty.com display only a portion MLS listings.

Do you know of a site that shows ALL listings?

The Expert answers:

There isn’t one. You have to be a full paying member in order to view MLS listings.. The closest thing is Realtor.com but you can’t get any thorough information about a property. Best Wishes!

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Real Estate Report – Real Estate Investing

March 23, 2012 by  
Filed under Ready for Real Estate ?

Here’s The Laymen’s Guide To Many Of The Insider Tricks, Formulas And Secrets That The Experts Use To Acquire Wealth Using Real Estate!

Simply Enter Your First Name And Email Address And I Will INSTANTLY Send You This Free Special Report!: