Know Why You are Selling Your Home

Posted on: May 20th, 2011 by admin No Comments

If you know exactly why you are selling, then it is easier for you to set the right plan of action to get what it is that you want.

If you are a seller who needs to close a sale as quickly as possible, then you should know that getting the highest price possible is not one of your priorities. It does not mean that you won’t or cannot get the highest price, but it means that the price is not the deciding factor. A buyer who can give you a quick closing time will appeal much more to you than a buyer who can offer you more money but the negotiation and closing time drag on.

It’s always good to know how low you will go, in terms of selling price. This will help to eliminate some of the offers that you find simply offensive or ridiculous. Even though you should consider all offers seriously and take into consideration the terms of each offer, sometimes, if you know the bottom line and are strict about it, you can save yourself time.

Once you know what your limits and reasons are, discuss them with your agent so that they can help you set your goals realistically. If you decide to list your home on your own, make sure you do research on the current market, and you get the proper advice you need in terms of legal issues, etc. The key is to be realistic and to know what your goals are so that they can be met.

Getting the Highest Price in the Shortest Time

Posted on: May 20th, 2011 by admin No Comments

In order to get the highest price in the shortest time, you need to know how to market your home. The better you market your home, the more offers you will get. And the more offers you get, the more choices you have to get the price and terms you want.

The most important factor of marketing your home is pricing it right. Your price should be adjusted to reflect the market, and the property’s worth. The key is to get many people checking out your property at a fair price instead of having no buyers because your price is set too high.

Another important factor is the condition of your home. Make sure that your home looks ready to be sold. Fix any defects (peeling or faded paint, cracks, stains, etc.) Condition alone can sometimes prompt fast buying decisions. Not only should you fix any defects, but consider upgrading your home by making major repairs and cosmetic improvements before selling. A nice looking home triggers the emotional response that can lead to a financial response.

Learn how to negotiate the best terms for all parties involved. Terms are another factor which may be adjusted to attract buyers. If you insist on getting your asking price, think of what you can offer to the buyers, for example, improvements you’ve made, or even offering seller financing at a lower than market interest rate on a portion of the sale price. Convince them why they should be paying the price you have set.

Lastly, get the buzz out about your home. List your house with a hot agent that ensures your house is listed on the MLS and on the Internet. On your own, get the word out. It should be visible to passerby’s that your house if for sale, whether it be signs, local advertisements or you telling friends, family, and acquaintances.

Making a Good First Impression

Posted on: May 18th, 2011 by admin No Comments

If you want buyers to be interested in your home, you need to show it in its best light. A good first impression can influence a buyer into making an offer; it influences a buyer emotionally and visually. In addition, what the buyer first sees is what they think of when they consider the asking price.

A bad first impression can dissuade a potential buyer. Don’t show your property until it’s all fixed up. You do not want to give buyers the chance to use the negative first impression they have as means of negotiation.

Ask around for the opinions others have of your home. Real estate agents who see houses everyday can give solid advice on what needs to be done. Consider what architects or landscape designers have to say. What you need are objective opinions, and it’s sometimes hard to separate the personal and emotional ties you have for the home from the property itself.

Typically, there are some general fix ups that need to be done both outside and on the inside. As a seller, you should consider the following:

  • Landscaping – Has the front yard been maintained? Are areas of the house visible to the street in good condition?
  • Cleaning or Redoing the driveway – Is your driveway cluttered with toys, tools, trash etc.?
  • Painting – Does both the exterior and the interior look like they have been well taken care of?
  • Carpeting – Does the carpet have stains? Or does the carpet look old and dirty?

Find a good Real Estate Agent

Posted on: May 16th, 2011 by admin No Comments

Not all real estate agents work the same way. The most important attribute of an agent is that he/she is well connected to the real estate industry. He/she should know the market and provide information on past sales, current listings, his or her marketing plan, and at least 4 solid references. In addition, you also want to look for an agent that is honest, assertive, and one that best understands your needs.

Try to go with a local agent. They can better serve your needs; they are familiar with what the local market condition is, the local prices are, and what’s hot or not in your community.

Considering Offers to Buy Your Home

Posted on: May 14th, 2011 by admin No Comments

When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a buyer.

Some terms that may work in your favor:

  • higher-than-market-interest in a second mortgage for your home
  • the home buyer will pay for most or all of the closing costs
  • the home buyer will take care of any repairs
  • quick close – the buyer is pre-approved and ready to close in a time that best suits you
  • all-cash deal

When reading through offers, remember to look at the whole package. Take the time that you need to assess what is being offered and if it meets your needs.

Getting a Legitimate Lender and Getting Pre-Approved

Posted on: May 11th, 2011 by admin No Comments

By asking the right questions, and knowing exactly what your needs are, you can find the right loan for you. There are certain approaches that you can take while mortgage shopping that can cost or save you money.

It is still true that the better qualifications you have, the lower your interest rate will be. However, there are mortgages available for almost everyone; it’s the interest rates or the down payments that vary.

Before speaking with a lender, know what monthly dollar amount you feel comfortable committing to. Then when you discuss mortgage pre-approval with your lender, it is easier for you to determine the monthly amount and what value of home the monthly amount translates into. Do not put yourself in the position where you will be paying more each month than you intended simply because the “dream” house requires it.

Do your research on the types of mortgages available to you and find the one that best suits your needs. There are a number of considerations to be made in terms of finding the best mortgage for each individual:

* What type of market are you in? Are the interest rates falling or rising?
* Do you want a fixed mortgage rate, where you will always know what your payment is going to be?
* What are your long-term goals? Do you intend to resell the property? Do you only need the mortgage for a short time?

Richard T. Mayer

Posted on: May 11th, 2011 by admin No Comments

Your involvement in all steps of the purchase, initial offer, home inspection, closing, and post-purchase arrangements for utilities really made it easy for us. I can tell you that after having moved three times to three different states in five years that you were the best, most knowledgeable, and congenial real estate agent that my wife and I have dealt with.

Richard T. Mayer
Athens, Georgia Home Owner

Jonathan Schwartz

Posted on: May 11th, 2011 by admin No Comments

Over the past three years my wife and I have purchased and sold several properties through Bob. Additionally, I have referred friends and family members to Bob for representation. In all cases Bob provided excellent representation and customer service. He represented us well in all transactions and was always available to answer any questions we had. Bob’s insight and knowledge of local real estate were assets that proved valuable in every transaction we have done with him.

In all of our transactions with bob he has been an excellent realtor and truly provided outstanding service.

Jonathan Schwartz
Real Esate Investor

Lori Pennino

Posted on: May 11th, 2011 by admin No Comments

Dear Prudential Blanton Properties,

This is just a short note about your real estate agent Bob Allen. We are so happy in our home and Bob Allen was wonderful. He was patient, kind and very knowledgeable in his field.

We had 2 other agents from other companies that were not as patient and showed a bad attitude when showing us property that we didn’t want either price wise or for other reasons.

My daughter owns a house in Athens, Georgia and when it comes time to sell, Bob will be our Realtor. I would recommend him to anyone I meet.

We were hard to deal with, but Bob was wonderful. We live in Florida and called Bob up many, many times to go over to the house and measure this or that. What’s the age of this? What’s the brand of that?

He put his heart and soul into it to please us. I can’t Thank You enough for Bob Allen.

Sincerely,
Lori Pennino
Athens, Ga Home Owner

Chris and Krista Vanderpool

Posted on: May 11th, 2011 by admin No Comments

Bob,

Krista and I would like to say thanks for all the time, patience and unmatched service you provided to us during the search for our new home. We enjoyed the fact that you were knowledgeable and upfront about every aspect of real estate along with mortgages. You always made time for our schedule and had great communication with us throughout the process.

Krista and I enjoyed looking for homes with you because you were down to earth, friendly and didn’t tire of the barrage of questions thrown at you. There is no question that we will call on your services again in the future.

We have also sent a letter of appreciation to Barbara Blanton letting her know we thought you did an outstanding job.

Thanks again Bob, (stop by and see us anytime).

Chris and Krista Vanderpool

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Testimonials

Richard T. Mayer


Your involvement in all steps of the purchase, initial offer, home inspection, closing, and post-purchase arrangements for utilities really made it easy for us. I can tell you that after having moved three times to three different states in five years that you were the best, most knowledgeable, and congenial real estate agent that my […]

Meet Bob Allen

Bob Allen is a licensed REALTOR® in Athens, Georgia, helping home buyers and sellers in Clarke County and the surrounding areas. Whether you’re looking to buy or sell your home, Bob offers courteous, personalized assistance…