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Sell Your House Fast Using the Internet

April 5th, 2010 StudioFlatsLondon No comments

 Americans are all too familiar with the down market we are in right now. Houses are sitting on markets for a year or two collecting dust, costing you money, and in the end creating an unnecessary scenario in which you still have not sold your house. Keep in mind these properties are being listed with Realtors who try to say your local market is still strong, that the sky is orange, and that Elvis Presley is still alive and kicking. See where I’m getting at?

The truth is that every portion of this nation we call America has been affected. Sure maybe your house hasn’t drastically dropped in value, but I can still bet the buyer pool in your area has shrunk. If there aren’t many buyers out there qualifying for loans, then how can they buy your house? They can’t.

So how is someone to sell their house especially when time is an issue? Well, I believe the best way to sell in today’s market is by doing it yourself. Contracting with a Realtor is not ideal because for one the average house sits on market for 6-12 months until sold. This just doesn’t cater to the people who are motivated to sell their houses fast. These sellers maybe in a situation where they need to relocate for a job, or possibly they inherited the property and they they don’t want to make two mortgages. Who can blame them for wanting to sell fast?

A “For Sale By Owner” is basically you cutting out the middleman, the real estate agent, and in the end saving yourself money on commission fees. This will allow you to market the property the way you want. You are in the driver’s seat, and you don’t have to feel pressured by an agent. This means you can accept whatever offer you want and not have to worry whether or not the agent will be upset for taking less on their profit.

Ok so your are trying to sell your house and you want to know how the internet can help you? It’s quite simple. All it takes is for you to do a quick search on Google.com to find that there are literally hundreds if not thousands of people looking to buy homes. For the most part these people are investors. Investors can buy your house with cash, cutting out the banks, and saving you time in the end. They will get their funding through a third party such as a hard money lender or private lender. Generally speaking, this cash loan is approved within 14 days. Sometimes it may only take 1-3 days for approval. What does this mean for you? It means that there is a good chance that you can close on the house within a month. The investor will want to make sure the title is free and clear of any liens or judgments, but once that is in check, and the inspections are in order, then really there is nothing left but to close on the house.

Will an investor buy my house if there are a lot of repairs needed? YES! If anything that will strengthen your chances of selling the house because most investors are in the business to rehab properties. No offense, but they want your house to be outdated and an eye sore. That’s another reason why investors are great to work with because they will buy a house in any condition.

I think as the word gets out, more and more people are going to use the investor option rather than the real estate agent option. The internet is one of the most invaluable tools at your disposal. Use it to advertise. Use it to reach a large audience of people. It’s right at your fingertips. Now just use it to your advantage and sell your home!

Tips for Selling Your House Faster

April 5th, 2010 StudioFlatsLondon No comments

Trying to sell a house in a down market can be difficult and stressful, but there are several things you can do to improve its marketability. By putting some time, effort, and money into it before it goes on the market, you can ensure that your home presents well, stands out from the crowd and doesn’t turn off potential buyers so that you can sell quickly…and at the best price.

Everyone likes to put their own personal touches and knick-knacks in a house when they own it, but to home buyers, it may prevent them from picturing their furniture and pictures in the house, and distract them from truly seeing your home’s unique architectural features and spacious rooms. Also consider the fact that the more cluttered the rooms look, the smaller they look. You may be holding back the true potential of your house by displaying pictures of your friends and family

Since you hope to move soon anyway, go ahead and box them up and put them in storage in advance of the open house or showing.

Neutral colors are better. Consider painting walls a neutral color such as beige or taupe. While you may enjoy vibrant colors, potential buyers may be turned off by the choice of colors. A neutral color allows them to add their visualize their own tastes.

Don’t leave the little issues unresolved. A potential homeowner is always going to over estimate the cost of repairs by atleast 30%. If there are problem areas in your home, get them fixed before the showing. When prospective buyers tour the house and see leak stains on the ceiling or peeling paint, they will also see future work and assume that bigger maintenance and repair issues are lurking behind those small problems.

This is particularly true in kitchens and bathrooms, which are often the two rooms that make or break a sale. An investment in either of these rooms will yield the biggest return. The expenses you incur on the front end sprucing up your home will be cheaper than the profits you could lose by having to lower the price to meet buyer demand.

The internet is a great marketing tool when trying to sell your house, so take advantage of the unique ways to market your house. Use YouTube.com, a video sharing Web site, to introduce yourself and your house for free. Take home shoppers on a virtual tour and tell them about its uniqueness and strengths from a first-person point of view.

Once your house is listed, e-mail the link to your friends and ask them to forward it on to their network of contacts. By simply having your friends pass along information about your house, you may be able to sell it without having to get a real estate agent involved which will save you thousands.

Be sure that you are using traditional marketing techniques to your best advantage. When photographing your home for promotional purposes, invest in a wide-angle lens for your camera so that rooms appear bigger and in proportion when they are displayed on Internet home listing sites or in marketing flyers. If you decide to create a virtual tour, look for professionals who will be able to film and upload your video using the best techniques and technology.

Come up with creative ways to draw people to your house by having a wine and cheese gathering as an open house, or if there are other homes for sale in your neighbor create a parade of homes to draw more people in. The more people that you can get through the door, the better your odds of getting the price you want.

Seven Rules to Make Your Home More Marketable

March 30th, 2010 StudioFlatsLondon No comments

On average buyers visit 19 homes before putting in an offer to buy. What does this finding mean for sellers? There is more competition on the market than there was even 5 years ago. If you want to sell your house, you need to make it look its best in order to compete in the housing market (especially in Charleston, South Carolina’s market). I have 7 rules that I follow to help sellers give their homes a competitive edge on the real estate market.1. Give potential buyers curb appeal. A buyer’s first impression is extremely important. When a buyer visits your house, the first thing he or she sees is the front of the house. So, make your yard, front door stoop, and walkway inviting. Keep your lawn mowed, plant flowers, spread pine straw on any beds you have, and trim the bushes.2. Make any needed repairs. Don’t worry about minor repairs like a cracked tile. Instead, focus on more obvious problems, like torn screening on a porch or walls in need of a fresh coat of paint. Even though the buyer will make a repair list before closing, it is better to go ahead and fix problems in your house that could put off potential buyers. Buyers want a house that looks like it has been taken care of.3. Clean your home inside and out! Steam clean carpet stains, clean the inside and outside of windows, and dust even those hard-to-reach areas. Believe me when I say that potential buyers like to inspect the homes they visit!4. Organize clutter. People love pictures and collectibles, but these things can make a house appear small and cluttered. Having some accessories is good—the right decorations can make a house feel like a home. Just remember, you want to make your house look spacious, clean, and organized.5. Make colors and styles neutral. Even though some colors are cute, neutral colors are the safest. I have seen so many buyers get turned off by hot pink rooms or excessive decorative themes. Buyers want to picture the houses they visit as their own. When you choose neutral colors and styles, they are more likely to imagine themselves in your house (and more likely to buy your house). 6. Check your lighting. This rule may seem trivial, but buyers do not like dark houses. So, open curtains to let in natural light, and check all the bulbs in your light fixtures.7. Clean up after pets. Try to keep your pets outside while your house is on the market, especially if you know that there will be a showing on a certain day. If your pets are inside-only, try to keep them out of the way and to keep loose fur to a minimum. Also, if you think your home has even a faint pet smell, get the floors and furniture cleaned before you put your home on the market.Following these 7 rules can dramatically help sellers make their homes more marketable. Before you put your home on the market, be sure you can check all of these tasks off your list. If your home is already on the market, it is not too late to implement these rules!