Friday, March 28, 2014
Friday, March 21, 2014
If you're getting ready to list your home for sale, pay close attention. What you do before you list it can help or hurt the process.
Remove Road Blocks To Sell Your Home
Every seller has a common goal in
mind: sell the home quickly and for the most money. Yet when it comes time to
sell the home not every seller will be prepared.
Many forget or don't know how to
remove road blocks that can stall the sales process or kill it completely. If
you're getting ready to list your home for sale, pay close attention. What you
do before you list it can help or hurt the process.
Remove or limit the areas where your
home is lacking. Study your neighborhood and the homes that are for sale. If
your home is consistently coming up short in comparison, maybe it's not
landscaped enough or it hasn't had any upgrades in 20 years, and it's overdue
for some renovations or, at the very least, repairs to clean it up.
Get your home "show-ready"
so that it isn't lacking or appearing deficient compared to other homes in your
neighborhood. Placing a home on the market that isn't ready (needs repairs) can
cause the home to receive very little foot traffic and it can end up being on
the market for a long time.
If, for instance, you have vinyl
flooring that's peeling, consider replacing it with a flooring that matches the
style of your home and is comparable to the neighborhood so that it is
consistent with the quality of floors in other homes in the area.
Remove YOU from the home. Yes, it's
tricky to remove your personality from the home, especially when you're still
living it. But it's very necessary. This doesn't just mean taking down personal
photos and putting away private items like medicines. This means that if you've
turned a room into a particular "you" room - your style, your
personality, and your unique use of the room - consider re-doing the room to make
it more neutral, versatile, and appealing to buyers.
For instance, if one of the bedrooms
in a two-bedroom house was converted into a meditation room, it's wise, when
listing the home for sale, to show it with both rooms as bedrooms rather than
one bedroom and one room that is uniquely decorated for a specific use other
than sleeping. Buyers can sometimes imagine how else they'd use a room but if
it looks like too much work to make changes, they'll keep hunting for a house
that is better suited to their needs.
If you've converted the garage into a
den, office, or kids play area to fit your particular lifestyle, consider
making it a garage again. Find a way to show your home with the garage as
clean, useful, and as an extended-living space but also with the option to park
cars in it. Not everyone wants to park on the street just to have a few extra
hundred square feet of living space. An appraiser can actually knock thousands
of dollars off your appraisal if the garage can't be used to park cards in because
it's considered a loss of covered parking.
Remove strong odors from your home. Of
course, I'm talking about foul smelling odors but sometimes too much of a good
thing can also be a turn off. Gather up pet toys, pet beds, pet food, and make
sure the house is pristine. If you're using fragrances in your home from
sprays, candles, potpourri or even real flowers, make sure that the odor isn't
overwhelming. Subtle is good... overbearing can make people think you're trying
to cover up something bad in the home.
Ultimately, the goal is to make the
home have mass appeal with as few road blocks as possible to sell it. Think
like a buyer and see your home the way you'll be looking at your own next home
purchase. Then maybe you'll understand the importance of making some changes
before you list your home for sale.
Wednesday, March 19, 2014
How do I choose the best Real Estate agent?
THE RIGHT CHOICE
One of the most difficult choices to make when thinking about selling a home is, how do I choose the best Real Estate agent? It has always been important to choose a good agent, but in today's rugged Real Estate market, it has never been more crucial to find an agent who has the right experience, work ethic, marketing plan and market savvy to get your home sold at top market value.A common myth is that all agents at a given company are the same! Not only is this not correct, but the fact of the matter is that the company an agent is with really makes little difference. The real truth is that every agent has their own approach to selling Real Estate. They have their own marketing plan and way of doing business that is unique and can be quite different, not only from other agents in the market area, but from other agents in their own company. Individual company's may have some influence on how the agent does business, but it really ends there.
Rule #1, "Don't choose and agent based on the company they are with!"
When interviewing agents you may also find a difference in the fees that individual agents charge for selling your home. The brokerage fee is negotiable and it certainly may vary from agent to agent. It would seem that you could save a great deal of money by going with an agent who charges a lesser fee. This is a fact that can be very misleading. In fact most times, just the opposite is true. Instead of looking at the brokerage fee up front, look at the agents performance record. Ask them to show you statistics as to how they stack up against the other agents in the market as far as average sales, sales price, average days on the market and percentage of sales price vs listing price. At the end of the day, these are the numbers that will truly influence how much money you receive from your sale.
Rule #2, "Never choose an agent based on brokerage fee!"
The majority of agents in any market place use the same home marketing techniques that Real Estate professionals have used for years. In today's world this most likely will not give your home the exposure it needs. National statistics show us that last year over 89% of all people who purchased homes in the country used the internet as their primary way of searching for homes. Traditional methods of marketing homes such as open houses, newspaper ads, and Real Estate magazine presence combined account for less than 3% of the total number of sales nationally. So, make sure that the agent you choose is marketing where the buyers are looking and not employing methods that worked 10 to 15 years ago and not today. Few agents really have either the knowledge of the internet or the budget to adequately promote your home. So, be careful here. Be selective with agents and their marketing and go online and pretend you are the buyer. You will be surprised at the difference you discover from agent to agent.
Rule #3, "Do not hire an agent who does not have a high profile internet marketing plan!"
Just because an agent has been in business for a large number of years does not always indicate that they are the best choice. Some seasoned agents are outstanding while others may fall short of your expectations. Experience is important, but should not always be the sole reason for choosing an agent.
Rule #4, "Always get references from an agent you are interviewing and check those references!" Reliable people who have had experience with the agent are the best source for getting a true feel for what the agent can do for you and for what kind of experience you can expect.
With so many agents to choose from, finding the right one can be confusing. By following these simple rules, you should be able to find the agent who will do a great job for you and represent you well with the sale of your home.
Saturday, March 15, 2014
Recoup your remodeling investment when it comes time to sell.
Remodeling? Recoup Your Investment When You Sell
Before
you pour your savings into a new kitchen and a rainforest shower for the
master, think about whether or not you'll be able to recoup your investment
when it comes time to sell.
If you have equity in your home, you
can make improvements, but don't go over the limit of what other buyers can
spend for a home similar to yours in your neighborhood.
While it's tempting to make your home
more beautiful, you have to consider the rest of your neighborhood. If most
residences in your neighborhood are three-bedroom single-story homes, buyers
are unlikely to shop in your area for two-story four-bedroom homes.
Buyers want to shop for a home where
there is the most selection of homes that fit their criteria. If they want a
swimming pool, they're going to look in neighborhoods where many homes have
pools. They won't be aware of your home if you have the only pool in your
subdivision.
That's why over-improving for the
neighborhood is a bad idea. Not only will you not get your money back for some
updates, your home may be harder to sell because of them.
Another reason buyers don't tend to
pay as much for updates as you might think is broad differences in taste. Your
updates may include choices your buyer wouldn't have made because of several
reasons:
- You only improved one or two rooms, leaving the rest of the home looking unfinished.
- Your updates were too radical, such as cold minimalism in a traditional setting.
- Your updates masked a problem but didn't solve it, such as a kitchen that's too small. If the kitchen is still too small after you've put in granite counters, don't expect buyers to care.
- You failed to do necessary repairs and updates that were less visible than the new décor but buyers noticed anyway.
- Your updates are beautiful but require a lot of cost and upkeep.
Buyers want to make a home their own,
and don't want to be distracted or confused by design statements that they
don't agree with. Enjoy your home while you can, but make sure your new look
can be easily depersonalized when it comes time to sell.
Don't expect to set a listing price
based on what you've put into your home no matter how long you own it. Your
home will be worth market value no matter when you sell, whatever the value is
for that point in time.
All the improvements in the world
won't change that basic fact. Your home and the improvements you make are only
worth what willing buyers say they will pay.
Before you begin renovations, talk to
your Realtor and your lender. They will help you develop a reasonable plan for
updates that will add value to your home.
Monday, March 3, 2014
Helpful Information for all Lap Top Owners
Prevent Lap Top Death
Heat is the “cause of death” for most laptops. The heat not only causes all components to expand and contract a little (as you turn it on and off), but will also reach dangerously high levels and make your laptop crash or shut down if the fan(s) and the heatsink(s) are clogged with dust.
All computers work a little bit like vacuum cleaners – sucking air from one side and blowing it out from the other. Unfortunately they don’t come with filter bags to catch all the dust and debris. After just a few months the fans and heatsinks are well coated with dust. If not cleaned, their effectiveness quickly drops and eventually goes down to zero when the heatsinks get fully clogged. Here are a few of the unintended consequences:
· An overheated processor slows down and operates less efficiently.
· The efficiency and output of electrical current through hot copper wires gets reduced.
· Increased heat causes increased chemical reaction in batteries that reduces the battery life and amount of time they stay charged. With prolonged exposure to high heat, the battery may even become unusable.
To clean your laptop regularly, get a can of compressed air and blow the dust off the fan and heatsink. This has to be done every couple of months. The compressed air is quite handy for the keyboard too, blowing away all the debris from between the keys.
However if the heatsink has already been clogged, this won’t help. The compressed air will not be enough to unclog it. If you have never cleaned the heatsink and you had used your laptop for over a year, chances are that both the fan and the heatsink are clogged with dust and debris. The solution in this case is to remove the heatsink, clean it and install it back.
This is best done in a laptop repair shop, as it takes quite a lot of experience and dexterity. One slip of the screwdriver may kill the laptop.
Saturday, March 1, 2014
Market Trends for Tracy and Mountain House
The following information is from the local MLS database, as of March 1, 2014 and is compared to (February 1, 2014).As we enter the third month of 2014, we are still seeing mostly all equity sellers and the median price has reached a mile stone of $409,495! There are still very few homes on the market, and most listings are not receiving as many multiple offers and most are at the asking price or slightly below, if they are priced right. Interest rates have dipped slightly higher with 30 yr fixed at 4.38% and 15 year at 3.40%
If you have been on the Fence about selling your home then NOW is still the time to sell. There are typically fewer homes on the market and more and more will be coming on the market in the months to come. If you are curious to see how much equity you have in your house, give us a call for a market analysis! Or go to our new service for instant valuation of your home on the internet at www.tracyhomes.com. Just click on "What's My Home Worth"or Just call or e-mail for an hassle free appointment or to just talk about the market anytime. 1-800-894-7282 or sales@tracyhomes.com.
If you have been on the Fence about selling your home then NOW is still the time to sell. There are typically fewer homes on the market and more and more will be coming on the market in the months to come. If you are curious to see how much equity you have in your house, give us a call for a market analysis! Or go to our new service for instant valuation of your home on the internet at www.tracyhomes.com. Just click on "What's My Home Worth"or Just call or e-mail for an hassle free appointment or to just talk about the market anytime. 1-800-894-7282 or sales@tracyhomes.com.
Tracy, CA
ACTIVE STATUS
Total # of residential properties for sale in the city of Tracy: 80 (72)
# of REO (foreclosures): 4 (2)
# of Short Sales: 3 (4)
Average # of days on market: 26 (18)
The median price of all homes for sale in Tracy: $409,495 (399,000)
PENDING STATUS
Number of properties currently under agreement: 124 (122)
# of REO: 7 (11)
# of Pending Short Lender Approval: 38 (33)
Median pending price: $305,000 ($322,000)
SOLD STATUS
Residential property sold over previous 30 days: 50 homes (61)
REO's sold in the last month: 4 (2)
Short sales sold in the last month: 1 (15)
Median sale price: $357,500 ($350,000)
Median # of days on the market: 19 (20)
Mountain House, CA
ACTIVE STATUS
Total # of residential properties for sale in the city of Mountain House: 31 (17)
# of REO (foreclosures): 0 (0)
# of Short Sales: 3 (0)
# of New Construction: 5 (6)
Average # of days on market: 18 (20)
The median price of all homes for sale in Mountain House: $489,900 (515,000)
PENDING STATUS
Number of properties currently under agreement: 35 (37)
# of REO: 1 (1)
# of Pending Short Lender Approval: 7 (8)
Median pending price: $410,225 ($402,460)
SOLD STATUS
Residential property sold over previous 30 days: 13 homes (20 homes)
REO's sold in the last month: 0 (0)
Short sales sold in the last month: 2 (1)
Median sale price: $433,500 ($433,500)
Median # of days on the Market: 8 (19)
*************************
HOMES SOLD IN TRACY IN FEBRUARY
Take a look at this chart to see the SOLDS in Tracy for February. Notice the list to sold price? Not as many getting over asking. So call us for a free Market Analysis on your home! 209-833-7777.
Address | Bedrooms | Bathrooms | SqFt | List Price | Sale Price | DOM | |||
495 | Allisha | Ln | 3 | 2 (2 0) | 1176 | 209900 | 209900 | 181 | |
4311 | Mulberry | Ct | 5 | 3 (2 1) | 2555 | 389000 | 385000 | 70 | |
1303 | Montgomery | Ln | 5 (6) | 3 (2 1) | 2130 | 385000 | 363000 | 146 | |
324 | B | St | 1 | 1 (1 0) | 846 | 123500 | 110000 | 132 | |
869 | Mason | Ct | 4 | 3 (2 1) | 2498 | 419999 | 410000 | 115 | |
1212 | Walnut | St | 3 | 2 (2 0) | 1280 | 255000 | 253000 | 53 | |
2261 | Bridle Creek | Cir | 4 | 3 (3 0) | 1980 | 369700 | 365000 | 93 | |
11683 | W | Valpico | Rd | 3 | 2 (2 0) | 1118 | 255000 | 255000 | 48 |
261 | De Bord | Dr | 4 | 3 (3 0) | 2316 | 389000 | 389200 | 43 | |
145 | E | Mount Diablo | 3 (4) | 3 (3 0) | 2036 | 379000 | 372000 | 57 | |
2577 | Paul Poole | Dr | 4 | 3 (3 0) | 2675 | 429000 | 430400 | 64 | |
2559 | Bennett | Ct | 5 | 4 (4 0) | 3251 | 490000 | 490000 | 30 | |
8 | E | Lowell | Ave | 3 | 2 (1 1) | 1424 | 269000 | 269000 | 45 |
2193 | Misquez | Ln | 4 (5) | 3 (3 0) | 2421 | 389900 | 370000 | 55 | |
2497 | Greystone | Dr | 5 | 3 (3 0) | 2738 | 459950 | 450000 | 58 | |
1760 | McPeak | Ct | 4 | 2 (2 0) | 1527 | 314950 | 330000 | 14 | |
154 | Ridgeview | Dr | 5 | 3 (3 0) | 2977 | 440000 | 425000 | 50 | |
2634 | Gilberte | 5 | 4 (3 1) | 3767 | 559000 | 559000 | 54 | ||
960 | Peerless | Ct | 3 | 3 (2 1) | 1382 | 275000 | 275000 | 25 | |
1441 | Renown | Dr | 3 | 3 (2 1) | 1902 | 339900 | 342000 | 45 | |
245 | San Simeon | Way | 5 | 3 (3 0) | 2373 | 389800 | 380000 | 58 | |
974 | Tom Fowler | Dr | 5 | 3 (2 1) | 2029 | 399000 | 394000 | 13 | |
1447 | Blue Jay | Ct | 5 | 3 (3 0) | 2961 | 440000 | 440000 | 41 | |
3164 | Milton Jenson | Ct | 4 | 3 (3 0) | 2215 | 380000 | 390000 | 10 | |
263 | Ridgeview | Dr | 5 | 3 (3 0) | 2817 | 425000 | 415000 | 28 | |
130 | E | Grant Line | Rd | 2 | 1 (1 0) | 769 | 105000 | 120000 | 24 |
1990 | Harvest Landing | Ct | 4 | 3 (3 0) | 1772 | 340000 | 340000 | 8 | |
1690 | Treehaven Lane | 3 (4) | 2 (2 0) | 1785 | 347000 | 352000 | 31 | ||
4229 | Eveningside | Ln | 4 | 3 (3 0) | 2334 | 425000 | 430000 | 17 | |
2909 | Sunset | Way | 3 | 2 (2 0) | 1120 | 215000 | 232000 | 11 | |
1411 | Greenwillow | Way | 3 | 3 (2 1) | 1592 | 330000 | 335000 | 9 | |
1235 | Walnut | St | 2 | 1 (1 0) | 876 | 199950 | 205000 | 16 | |
2262 | Cabana | Ln | 3 (4) | 3 (2 1) | 2277 | 375000 | 370000 | 21 | |
505 | Belmont | 4 | 3 (2 1) | 2226 | 425000 | 405000 | 17 | ||
551 | Sir Lancelot | Dr | 3 | 3 (2 1) | 1714 | 325000 | 333000 | 5 | |
80 | Portola | Way | 3 | 2 (1 1) | 1280 | 145000 | 145000 | 15 | |
215 | E | Emerson | Ave | 2 | 1 (1 0) | 928 | 239990 | 225000 | 5 |
1340 | Standridge | Ct | 3 | 1 (1 0) | 1242 | 274900 | 285000 | 14 | |
2967 | Dixon | Ct | 5 | 3 (2 1) | 2130 | 359000 | 352000 | 0 | |
150 | Portico | Ln | 4 | 3 (3 0) | 2396 | 448000 | 444000 | 13 | |
160 | Club House | Way | 4 | 2 (2 0) | 1806 | 334500 | 336000 | 11 | |
45 | S | CENTRAL | Ave | 3 | 3 (2 1) | 1952 | 339000 | 336950 | 4 |
1955 | Foxwood | Ct | 3 | 3 (2 1) | 1835 | 339000 | 336750 | 5 | |
4444 | Lindsey | Ln | 6 | 3 (3 0) | 2977 | 444950 | 444950 | 12 | |
642 | Morton | Way | 5 (6) | 3 (3 0) | 3107 | 475000 | 425000 | 2 | |
233 | Alvarado | Way | 3 | 2 (2 0) | 1411 | 255000 | 255000 | 4 | |
1370 | Bluegrass | Ln | 3 | 2 (2 0) | 1334 | 309500 | 309500 | 3 | |
182 | Diego | Ln | 4 | 3 (2 1) | 2689 | 433777 | 420000 | 3 | |
2444 | Ontario | Dr | 3 | 3 (2 1) | 1705 | 319000 | 324000 | 5 | |
1991 | Superior | Ct | 4 | 4 (3 1) | 3054 | 499999 | 487750 | 17 |
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