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There are a few misconceptions about how to set the sales price for your Lakewood Ranch real estate. Here are five common pricing myths and the reality behind them.
Myth #1: It’s OK to test a high price on your Lakewood Ranch real estate just to see if anyone will buy it at that price.
Truth: If you’re serious about selling your home, don’t play games. In this buyer’s market you have a very small window of opportunity to pull in serious buyers when your home first enters the market. If you play games, like over pricing your home just to test the market, buyers will stay away in droves.
Myth #2: You should price your Lakewood Ranch real estate higher than the market value to allow for room to negotiate.
Truth: No matter what your reasoning or rationale, overpricing your home is never a good idea. When your home is overpriced, very few potential buyers inquire about it or visit it. If no one wants to buy your home, you won’t have anyone to negotiate with.
Myth #3: The appraisal value of your home has no impact on the sales price of your home.
Truth: Lenders consider the value...
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Here are a few tips to help your Lakewood Ranch home for sale show better and sell faster:
1. Get rid of the excess: Eliminate as much as possible, and then do it again. Remember when staging yourLakewood Ranch home for sale, less is best. Swap out personal photos for framed art. The main idea is to remove as much as possible and replace personal items with neutral objects so that people can imagine their things in the home.
2. Repair and paint: Before painting, fix all those minor dings that don't really bother you. Buyers notice everything. A missing piece of baseboard, an outlet that doesn't work, or a closet door that won’t stay on track all seem minor, but they can have a huge affect on how a buyer views your home. The next step is to apply a fresh coat of paint in a neutral color. Freshly painted walls make a room look cleaner and larger.
3. Improve the curb appeal: You have to get people in the door before they’ll buy your Lakewood Ranch home for sale. If your house looks bad on the...
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On first thought, selling your home by yourself seems to make perfect sense. It doesn't look all that hard, right? So you decide to sell your home the FSBO way (For Sale By Owner). You figure that you can put up a sign. Let people come to look at your house. Review all the offers you are sure to get and pick the best one and you're done. That's all there is to understanding the Lakewood Ranch real estate market—right?
Well, not quite. One of the most difficult things for a person to do in trying to sell their own home is to understand the real estate market in order to price their home correctly. All of the above steps will not result in a sale without setting a price that will make you happy and get a buyer to sign on the dotted line.
The Price is Right
In some ways selling your home as a FSBO will seem a little like the television game show "The Price Is Right." Some buyers will walk around your home and have no idea what local values are, but they will still do ...
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Everyone wants to save a buck and some think they can save a lot of money by selling their homes by themselves. But would you really save money by doing it yourself?
To start off with it should be said that there are indeed people who can sell their homes for sale by owner (FSBO), and even save a few dollars doing it. Those are the people who have five important skills:
1. They know how to market and advertise their Lakewood Ranch real estate both online and offline without spending a fortune.
2. They are excellent sales people.
3. They know how to pre-qualify buyers to be sure they’re actually able to afford the home.
4. They’re great at negotiating.
5. They know how to execute real estate contracts and all the other associated legal work necessary to sell a home.
Additionally, they need to have plenty of time to:
· Market and advertise their home. A lot of time can be spent writing ads, creating flyers, taking photos, and loading everything to a wide variety of real estate websites.
· Show their home to potential buyers at times that are best for the buyer.
· Negotiate with buyers.
·...
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Choosing a professional real estate agent can be a very imposing task. This person is responsible for finding your new home or selling your home, guiding you through the home inspection process and negotiating a good price and terms. These are important tasks that should be taken seriously. That’s why finding a skilled real estate agent is key to a successful real estate transaction.
Here are several tips for interviewing Lakewood Ranch real estate agents:
· Interview at least three agents. Even if you love the first or second agent you interview, promise yourself you’ll interview all three. You learn more from each interview, and you never know when that third agent is going to be the perfect match for you.
· Ask all three agents the same questions so you can compare their answers and ability to communicate. Write out your questions so you don’t forget any, and take notes during the interviews. You think you’ll remember what they say, but the specifics will begin to blur as you interview the second and third agent.
· Ask the Lakewood Ranch real estate agents how long they've been...
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Spring is here and there is no better time to give your yard a fresh look. Here are a few simple tips to make your Lakewood Ranch home sparkle this spring.
Tip #1: Everything is blooming; take advantage of it.
Clean out the flower beds and let them shine. Don't have a flower bed? Now is the perfect time to create one (or more). Visit your local nursery to purchase small starter plants, large mature plants and everything in between. Mix them to make your beds look their best.
Tip #2: Get a lush lawn.
Reseed your yard, or if you don't want to wait, purchase sod rolls. If your lawn is in good shape, take the time to edge the sidewalks and driveway. Mow in a pattern to give your lawn a manicured look. To keep your grass healthy, alternate the mowing pattern.
Tip #3: Take it up a notch.
Add little touches like decorative edging, mulch and walkway lights. Put edging around trees and shrubs then fill with mulch. Easy to install walkway lights along the driveway and sidewalk add style and security. Don't forget the entry light. A new ...
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Today’s turbulent real estate market means the days of selling Lakewood Ranch homes without planning or preparation are a distant memory for most people. Don’t put all of your eggs in one basket, because there is competition and buyers are not always in a hurry like they once were. To sell your house quickly, staging and well-thought-out marketing plans are now necessities — not luxuries.
Do you know how to best present your property? What are the most effective ways to get buyers in the door? Using the tips and techniques below, you can begin to emerge from your rabbit hole and quickly move on to your next home with as much money in your pocket as possible.
Selling techniques for Lakewood Ranch homes:
Price it Right – No amount of marketing or staging will help if your property is overpriced. For most people, it’s hard to look at their home objectively. Compare it to other properties for sale in your neighborhood, and take into account square footage, upgrades, location, and amenities, as well as, current market trends.
· Develop a Marketing Plan – You have to decide the...
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A survey conducted by “Money” magazine and Lowe’s found that out of 21 common projects, energy updates gave DIYers the most satisfaction, given the time and money. Get some satisfaction this week by implementing one or two of these easy energy savers at your Lakewood Ranch home:
1. Add dimmers: If every home in the U.S replaced two standard light switches with a dimmer, we could save $1.5 billion in electricity.
2. Recycle rechargeable batteries, plastic bags and compact fluorescent lights (CFLs): It’s as easy as taking them to your local Lowe’s Recycling Center. Simply drop the items in the bins near the store’s entrance.
3. Stop energy leaks: Seal all holes and cracks in your Lakewood Ranch home. Add weather stripping or caulk to leaky doors and windows. The Environmental Protection Agency (EPA) estimates these changes can save you up to 20% on heating and cooling costs.
4. Wrap up your water heater: Cover your water heater with an insulating jacket.
5. Install a programmable...
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It’s a war out there. If you’re still sitting in your robe and slippers, sipping a cup o’ joe while you casually read the Sunday comics – with the absolute knowledge that your house is going to sell – you haven’t been paying attention. The percentage of Lakewood Ranch homes for sale versus qualified potential buyers has made this a buyer’s market.
It’s time for some tough love, sellers – some straight talk.
If you’re not ready to do more than spruce up your lawn a little, you won’t win the battle. You won’t even win a skirmish. In short, if you’re not doing everything you can to get your home taken off the list of Lakewood Ranch homes for sale, you’re not a motivated seller.
Motivated sellers use all the knowledge they can squeeze from their agent. Unless it’s a matter of money, sellers don’t argue when the agent mentions such things as home staging. They ask, “What are my options?”
Motivated sellers don’t think “negotiation” is a bad word. They consider it common business sense. If a potential buyer offers you less than your list price,...
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Whether you’re planning on selling soon or just want a comfortable home to live in now, here are five projects that increase your Lakewood Ranch home’s comfort and value:
1. Uncover hardwood floors. Is there a hardwood floor lurking under your Lakewood Ranch home’s carpet? If you're not sure, pull up the carpet in an unnoticeable corner and investigate. If you find wood floors, you’ll probably need to refinish them, but that’s a lot less expensive than installing new hardwood flooring.
2. Add ceiling fans. Everyone likes to save money, and adding ceiling fans can reduce your electric bill considerably. Central air conditioning costs about 70 times more to run than a ceiling fan. In the summer, fans can make you feel 3 to 8 degrees cooler, allowing you to reduce the use of your A/C and still feel cool.
3. Install a new bathroom floor. Installation is typically the most expensive part of this home improvement, so if you can do it yourself, you’ll save quite a bit of money. Choosing a neutral-colored tile adds the most value.
4. Update bathroom and kitchen fixtures. Replacing outdated or unattractive...
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