Real Estate Information Archive

Blog

Displaying blog entries 21-26 of 26

8 Tips To Get Your Home to Sell!!!

by Mike Parker

Submitted by Jill Kuchle:

I am an avid TODAY show viewer and on the show today was real estate expert Barbara Corcoran.  She gave some great tips for those of you who are trying to get your home to sell.  Here are 8 of her Tips on Getting your Home to Sell.  Click on  http://www.msnbc.msn.com/id/21134540/vp/20741973#20741973  to watch her interview with Ann Curry - it is very informative as well!!!!

1. Make the right first impression
Buyers decide in the first eight seconds whether or not they want to buy your home.

  • Paint the front door and trim.
  • Hang a wreath on the door.
  • Add potted flowers (flowers in front say this is a happy house).
  • Fertilize the grass to make it bright green.
  • Put fresh mulch around the bushes.
  • Fix the doorbell if it’s broken.
  • 2. Let the sun shine in!
    After location, light is the second most quoted reason why a buyer chooses the house.

    • Clean all the windows.
    • Replace drapery with sheer curtains or white shades.
    • Replace lamp shades with sheer white shades.
    • Replace light bulbs with higher wattage.
    • Trim back shrubs that block window light.
    • Paint the inside walls white.
    • Put white slipcovers on all dark furniture.
    • Put up lights in each corner of the major rooms.

    3. Remove clutter
    People can’t visualize themselves living there when they can’t see past your clutter.

    • Store half your “stuff,” including knick-knacks and furniture.
    • Remove personal objects like family photos and children’s artwork.
    • Remove all objects from closet floors.
    • Put half your clothes into storage.
    • Make your linen closet meticulous; people judge hidden wiring and plumbing by how neat your linen closet is.
    • Hide all electric cords and wiring.
    • Eliminate unhealthy plants.
    • Put fresh sheets on beds with four extra pillows.

    4. Send kitty to Grandma’s House
    People buy with their eyes and their noses.

    • Remove kitty litter, dog beds and other smelly pet items.
    • Warm a few drops of vanilla inside the oven door.
    • Smoke outside; remove ashtrays.
    • Open all windows an hour before the buyer arrives.
    • Keep the trash can clean.

    5. Freshen the kitchen
    The kitchen is everyone’s favorite room in the house.

    • Clear all countertops.
    • Replace cracked, scratched or broken appliances.
    • Re-grout the tile.
    • Wax the floors.
    • Update kitchen knobs.
    • Paint or replace cabinet fronts.
    • Put in a window; it can increase the value of your home by 10 percent.

    6. Clean the bathroom
    No one wants to move into your bathroom.

    • Scrub the walls and floors.
    • Clear off all shelves and put away personal items.
    • Re-grout tiles and replace caulking.
    • Hang a new shower curtain.
    • Buy fresh hand towels and rug.
    • Replace old soap.

    7. Add color
    Touches of yellow and other warm colors say ‘welcome home.’

    • Buy new throw pillows for the sofa and bed.
    • Add a fresh ficus tree.
    • Define areas with colorful rugs.

    8. Don't empty out the house
    An empty house makes the seller look desperate. Buyers generally don't pay full price for an empty house. In addition empty rooms look smaller.

    • Rent or borrow furniture if you need to in order to make the home look lived in and give the buyer a sense of space. 

    Submitted by Jill Kuchle:

    Check out the following link http://www.wkrq.com/schoolclosings.php.  It's sponsored by Q102 and Cincinnati Bell.  You can sign up and have your school closing texted to your cell phone so when that snow storm blows, you can stay cozy in bed and you won't have to get up and stare at the TV til your schools scrolls across the bottom of the screen!!!  TOO COOL!!!!

    Mike Parker swaping strategies.....

    by Mike Parker

    This blog was posted by Ralph Roberts.  Mike Parker was part of this team of  top real estate agents in the business......

    Swaping Strategy with the Superstars of Real Estate

    I am in Las Vegas today meeting with 51 of the top Real Estate agent team leaders from across the country. Bill Barrett, a former Certified Residential Specialist (CRS) instructor and a top national speaker, is hosting this annual retreat to promote the sharing of ideas among Real Estate industry leaders.

    From 8:00 in the morning until 5:00 in the afternoon, we are engaged in a high-energy strategy swap meet designed to raise everyone’s game to a new level. Barrett requested that every attendee bring 51 copies of either a three-ring binder or CDs or DVDs of everything they have done this year to list and sell over 100 homes. These materials include prospecting strategies, listing presentations, sales scripts, marketing materials, customer service techniques, follow-up strategies, new technologies, time-management tips, and anything else that has been used to boost sales and productivity.

    This is such a great opportunity be each attendee exchanges their materials and then commences in a back-and-forth discussion that provides all of us with the opportunity to present our best system. Barrett has let everyone know that this is not a time to plug vendors, and he has discouraged us from bringing any brochures from any of the vendors we use. He stressed that the retreat is an opportunity to share and gather ideas, systems, tips, and techniques that can boost sales and revenue over the coming years.

    The list of participants reads like the Who’s Who of the Real Estate Industry:

    • Greg Anderson
    • Bill Barrett
    • Alexis Bolin
    • Martin Bouma
    • Barbara J. Brady
    • Joseph Brazen
    • Duncan Brown
    • Ron Cadieux
    • Ron Campbell
    • Stephen Christie
    • David Crockett
    • Melinda Estridge
    • Michelle Genovesi
    • Galand Haas
    • Mary Harker
    • Phil Herman
    • Pei Lin Huang
    • Ken J. Jansen
    • Jim Johnston
    • Anna King
    • Brad Korb
    • Brad Korn
    • Sheryl Knowles
    • Colleen Lawler
    • Rob Levy
    • Sid Lezamiz
    • Nate Martinez
    • Leslie McDonnell
    • Janice Miller
    • Sam Miller
    • Stanley Mills
    • Chip Neumann
    • Jim Nussbaum
    • Mike Parker
    • Janet Parsons
    • Zac Pasmanick
    • Carol Pease
    • John Pinto
    • Brenda Rawls
    • John Riggins
    • (yours truly) Ralph R. Roberts
    • Cathy Russell
    • Marsha Sell
    • Alan Shafran
    • Eleanor Sheets
    • Jean Shine
    • Orly Steinberg
    • Fraida Varah
    • Pat Wattam
    • Phyllis Wolborsky

     

    Northern Kentucky Market Update Oct. 8, 2007

    by Mike Parker
    Market Update for 10/08/07
     
     
    Active listing for Single Family, Condo/Townhomes and farms – 4221
    Sold since 1/1/07 = 4736
    Market data as of 10/08/07 at 11:30 AM EST
     
    The above data show that there is 8.24 months of supply of homes for Northern Kentucky using the Absorption rate. The absorption rate is figure by dividing the numbers of months into the amount of homes sold. Take that number and divide it into the number of homes for sale (Active) that will give you the number of months on the market by supply.
    4736 divide by nine and ¼ months= 512 homes sold per month average
     
    4221 homes for sale divide by 512 homes per month sold average = 8.24 months of supply
     
    NAR (National Association of Realtors) says that anything under a 6 month supply of home is a Seller’s market and anything over is a Buyer’s market. As you can see we are in a Buyers market, you just have to listen to the news or read a newspaper and they will tell you that.
     
    The last two weeks have seen a small increase in showings. Buyers are just darn right picky, they got a lot to choose from, they are in no hurry and they feel if they don’t get a steal, they got cheated.
     
    I look for the market to stay like it has to late fall ‘08, showings will continue till near Christmas and then we will have the Holiday slow down.
     
    What is selling homes today!?!?!
    PRICE! PRICE ! PRICE! And excellent top notch CONDITION. Buyers now days are lazy in that they do not want to do any work, they want the home turn key, just move in condition. They have no time, usually both parents are working and running the kids around or busy with social and work things, people just don’t have time any more to fix things up. Want to get your home SOLD?  Work on the price and have that home in top notch condition.  
     Any questions about the market feel free to call of HUFF Realty at 859-647-0700 or email him at Mike@MikeParker.com

    Kentucky Association of Realtors Meeting Information....

    by Mike Parker
    Interested in what was discussed at  the Kentucky Assocaition of Realtors meeting?  Check out our podcast.....visit http://www.switchpod.com/f40788.html?puser=none.

    Home Improvements Make A Big Difference!!!

    by Mike Parker

    Submitted by Jill Kuchle:

    Many times people think by having a swimming pool or other "luxury" items inside their home, it will get them more money for their home.  Not necessarily!  A swimming pool or a built-in spa may not cause a home to sell for any additional money.  In lower price ranges, it may even hurt the sale of the home.  As the price goes up, more of the cost may be recovered but as a rough rule of thumb, you can generally only expect to get half of what the pool cost. 
     
    More examples of items that don't increase value include wool or other high
    quality carpeting.  Oak paneling compared to ash paneling, solid brass plumbing fixtures, and slate or aluminum roofs.  Reason being, the new buyer expects the quality to be good but will not usually pay for the top of the line.  On the other hand, there are some improvements that can cause the home to sell for more money and should be considered by homeowners especially
    when updating is appropriate. 
     
     Kitchens and bathrooms will date a home quicker than anything. An updated kitchen with new appliances, counter tops and attractive cabinets will make buyers get excited and can make the difference when deciding between two homes.  A tremendous change can be made in a
    bathroom by adding new light fixtures, new mirrors, and neutral paint  to
    complement the colors featured in the type of flooring you have.  Don't expect a buyer to have the imagination to be able to see what your home will look like if they replace the carpet, paint, or add new appliances.  Take the time and spend the money to make these improvements before you put your home on the market. It will sell quicker and for more money than if you give the buyer an "allowance".
     
    For more advice on making home improvements to sell your home quickly, contact The Team today  at 859-647-0700 or email Mike at mike@mikeparker.com .

    Displaying blog entries 21-26 of 26

    Syndication

    Categories

    Archives

    Share This Page

    Contact Information

    Photo of Mike Parker - CRS Real Estate
    Mike Parker - CRS
    HUFF Realty
    60 Cavalier Blvd.
    Florence KY 41042
    859-647-0700
    859-486-3300