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Quick Advice for Philadelphia Home Sellers

May 25, 2009 at 11:59 pm · Filed under For Home Sellers

Price your home realistically. Remember, what was realistic last year or two years ago isn’t realistic today. That’s especially true of higher-priced homes.

Clean the house thoroughly before each showing.

Fix all the little problems you’ve been putting off.

Be willing to bargain.

Offer some concessions to buyers. Common ones include paying part of the closing costs, or paying a moving or decorating allowance.

Be patient price the home realistically. Remember, what was realistic last year or two years ago isn’t realistic today. That’s especially true of higher-priced homes.

Clean the house thoroughly before each showing.

Fix all the little problems you’ve been putting off.

Be willing to bargain.

Offer some concessions to buyers. Common ones include paying part of the closing costs, or paying a moving or decorating allowance.

Be patient.

posted by janice SEARCH the Philadelphia MLS. No Registration Required!

Technorati: Philadelphia homes for sale, selling your home, preparing your home for sale, pricing your home

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Philadelphia Buyers and Sellers: Be Prepared

May 17, 2009 at 9:24 pm · Filed under For Home Buyers, For Home Sellers

motivational poster courtesy of MoBuck.com

There are numerous problems that might develop during the course of a real estate transaction so make sure that you are comfortable with your real estate agent. It’s important they you trust that they can meet any problems head on, quickly and honestly.

We see transactions falling apart all the time due to last minute surprises which makes us wonder if there are people in our industry that are not prepared. People who are not capable of handling the What Do I Do? Everyone involved in each transaction needs to Be Prepared. Everyone from the Realtor, including the Loan Officer, Home Inspector, Appraiser, Title Company and everyone in between, need to be people who can be trusted to Be Prepared. Buyers and Sellers need to make sure they are working with people who will make sure that everything within their control is successfully completed.

This is why we have developed a network of professionals that are as prepared and as trustworthy as we are. If we do not do this then we are doing a disservice to ourselves and our clients. So Be Prepared and make sure that you choose a Realtor that you can trust to be there for you and that they surround themselves with professionals who are as prepared as you are.

Technorati: Philadelphia Buyers, Philadelphia Sellers, Philadelphia Realtors, be prepared

posted by janice SEARCH the Philadelphia MLS. No Registration Required!

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Philadelphia Home Sellers: Don’t Chase the Market

May 12, 2009 at 8:47 pm · Filed under For Home Sellers

The importance of intelligent pricing:

Timing is extremely important in the real estate market. The most critical time frame after your house is listed is the first 6-7 weeks; it’s at this time that your property attracts the most excitement and interest from the real estate community and potential buyers. If the price is not set properly than you risk losing prospective buyers, especially in a buyers’ market. If you have already locked in a price which you feel is fair for your home, the chances are you do not want to waver far from the bottom line. BUT if your home has been sitting on the market for months, you must compare whether a price drop will be more beneficial than another month’s worth of rent.

Remember this rule of thumb: If you are getting buyers through the door but no bites, than chances are the problem is cosmetic. If you are not getting any showing the, chances are your home is priced too high. Compare your home price to those in your neighborhood on a regular basis (twice a month). If they are lowering their prices, than keep yours at or below their baseline.

Let’s say it together one more time:

Set a realistic price and terms from the very beginning.

OR Pick Up the Phone Right Now and Get Your Home on the Market.

267.566.6813 OR 215.219.0660

Technorati: pricing your home to sell, Philadelphia sellers, selling your home

posted by janice SEARCH the Philadelphia MLS. No Registration Required!

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Remodeling Your Philadelphia Home

May 11, 2009 at 3:24 pm · Filed under For Home Buyers, For Home Sellers

May is national remodeling month.

Not only is it a great time to get started with the nice weather but it’s a great time to take advantage of Federal Tax Credits for Energy Efficient upgrades. Save money on energy bills and get a tax credit with new windows, insulation, heating or cooling systems that qualify for the tax credits.

Thinking of doing other remodeling? You can use this handy, dandy chart from National Association of Home Builder showing what consumers want.

Technorati: philadelphia remodeling, home remodeling, what consumers want, remodeling your philadelphia home

janice_bovee-author posted by janice SEARCH the Philadelphia MLS. No Registration Required!

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Price it Right!

May 9, 2009 at 11:29 pm · Filed under For Home Sellers

CP and I went to a real estate conference the other day “Surviving in a Changing Market” and we came away with a fabulous new 5 point marketing plan:

1. price it right
2. price it right
3. price it right
4. price it right
5. price it right

But seriously this fist step is crucial. It really doesn’t matter what we do to market your property if it isn’t priced right it’s not going to sell. And it has to be priced right from the beginning. If you price it high just “to see” and then reduce it you will always be chasing the market.

It has been our experience that over-priced properties that sit on the market week after week become less and less desirable even with systematic price reductions. They take longer to sell and sell for less than if they were priced right from the beginning.
There is a direct correlation between price and time on market and net.

Once we have arrived at the right price we have a terrific 10+ step action plan to get it sold.

Pick Up the Phone Right Now and Get Your Home on the Market

Technorati: pricing your home, Philly home sellers, real estate market conditions, price your home to sell

posted by janice SEARCH the Philadelphia MLS. No Registration Required!

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