The Best Time to List your House? TODAY!

The Best Time to List Your House? TODAY!

You may have heard that the housing market is softening. There is no doubt that buyer traffic has decreased. There are fewer purchasers in the market than there were last month and at this time last year. What you may not have heard, however, is that there is still a severe shortage of listing inventory in many regions of the country.

In a recent interview discussing the housing market, First American’s Chief Economist Mark Fleming put it simply:

“The biggest challenge is really the availability of supply.”

When we look at available inventory numbers released by the National Association of Realtors (NAR), we see that the actual number of homes for sale has decreased in each of the last five months.

What does this mean to you as a seller?

The best time to sell is when there is less competition. That guarantees you a better price and fewer hassles in the transaction.

Bottom Line

If you are thinking of selling your house this year, the best time to put it on the market might be right now. Let’s get together to evaluate the demand for your house in our market!

Source: Keeping Current Matters

Contact Stacey Guzanick 262-490-3696

RE/MAX Service First

 If you have questions about Buying or Selling.
I can  guide you toward your next home.

www.MyWisconsinDreamHome.com

 Guzanick@gmail.com

11 Frugal Ideas for Staging a Home for Sale

Which of the bedrooms shown here would you rather live in? Believe it or not, they’re actually the same bedroom. One happens to be before the space was staged. The clean, sleek room below is after staging. I know which one I’d pick.

Still don’t believe staging a home to sell is worth it? Consider this: a staged home is one that sells faster, says The Real Estate Staging Association, which did a survey on this topic.

According to a Wall Street Journal article on the survey’s results, “The group studied 174 homes that had been on the market for an average of 156 days before homeowners hired a professional home stager. After staging, they sold an average of 42 days after re-listing.”

Now, granted, an association of home stagers would want to share a study that showcases the benefits of their services. However, keep in mind that this study was about selling a home fast, not for more money. Another study on home staging showed that a staged home doesn’t necessarily sell at a higher price.

Even so, not having a home sit on the market for a long time should be incentive enough to stage your home on one level or another, and the truth is you don’t have to go broke getting your home staged. I spoke with a handful of real estate agents and interior designers for their tips on how to stage a home for sale on the cheap. Here are 11 of their ideas.

• Declutter and depersonalize. One of the best ways to stage your home for someone else to imagine living there is to get rid of your personal stuff. Declutter books, pictures, knickknacks, and anything else that is exclusively you.
• Paint walls in neutral tones. Real estate experts believe certain paint colors inspire buyers to put in an offer, and often suggest that sellers repaint their home in these hues to create a blank canvas for optimal staging. Benjamin Moore Paint have colors. Shaker Beige, Jackson Tan, Linen White, and Mellow Yellow. (Most paint stores can do color matches if you don’t have a Benjamin Moore store near you.)
• Turn on all the lights. If you don’t have enough light, things can look drab and dreary, especially if you have showings on a gray day. 
• Set the table. A blank dining room table is boring. Instead, set it for a dinner party so there is a wow factor when buyers walk in and see your beautifully arranged table.
• Add mirrors. Mirrors make rooms look larger.
• Keep furniture proportional to the room. Strategically placing a minimal amount of furniture in a small space works better than over crowding it with too much furniture, says interior designer Kaylan Kane of Olive Juice in Chicago. “A small desk, chair, and an area rug with one big piece of art in a small room,” she adds, “can give a small room a purpose without overfilling the room.”
• Minimize art and decorations. When staging a room, Kane suggests using paintings that are landscapes or abstract, or figurative art that brings out an accent color in the room without being too specific.
• Turn your bathroom into a spa. “I recommend clients purchase solid white towels, rugs, and shower curtains when preparing to sell their home,” says Jessica Edwards, a Coldwell Banker real estate agent in Wilmington, NC. “These simple luxuries don’t cost much, but can make a significant difference in the feel of the room.” Plus, who can argue with white?
• Add pops of color. Now that you’ve painted the walls a pleasure neutral hue, think about adding in pops of color. These could be colorful pillows on couches and beds, or a bowl of green Granny Smith apples in the kitchen.
• Clean out and organize closets. The experts at national real estate brokerage Redfin.com suggest making sure hangers are evenly spaced apart, and matching your shoes, purses, and accessories to give a color-coordinated, organized appearance inside your closet.
• Clear off countertops. Get rid of all clutter in bathrooms and kitchens except for the bare necessities that “read” bathroom (soap dish and a hand towel) or kitchen (coffee machine).Shannon Vallentyne of Realogics Sotheby’s International Realty in Seattle likes to put a cookbook on a stand on a kitchen counter, and have it open to a fun recipe. Kitchens are often the number one priority on a buyer’s list, so make yours look as clean, open, and spacious as possible.

Don’t forget that while staging the inside of your home is important, the outside—the site of your curb appeal—is just as critical if you want your home to sell fast.

Contact your local RE/MAX Realty Center Agent Stacey Guzanick 262.490.3696 / Guzanick@gmail.com if you have questions about buying a house or selling one. I can guide you  toward your next home.

Looking to purchase a home, visit www.HomesWithStacey.com.

See You At Closing!

Tips for a Profitable Home Closing

7 Tips for a Profitable Home Closing

Be sure you’re walking away with all the money you’re entitled to from the sale of your home.
When you’re ready to close on the sale of your home and move to your new home, you may be so close to the finish line that you coast, thinking there’s nothing left for you to do. Not so fast. It’s easy to waste a few dollars here and for mistakes to creep into your closing documents there, all adding up to a bundle of lost profit. Spot money-losing problems with these seven tips.
1. Take services out of your name.
Avoid a dispute with the buyers after closing over things like fees for the cable service you forgot to discontinue. Contact every utility and service provider to end or transfer service to your new address as of the closing date.

If you’re on an automatic-fill schedule for heating oil or propane, don’t pay for a pre-closing refill that provides free fuel for the new owner. Contact your insurer to terminate coverage on your old home, get coverage on your new home, and ask whether you’re entitled to a refund of prepaid premium.
2. Spread the word on your change of address.
Provide the post office with your forwarding address two to four weeks before the closing. Also notify credit card companies, publication subscription departments, friends and family, and your financial institutions of your new address.
3. Manage the movers.
Scrutinize your moving company’s estimate. If you’re making a long-distance move, which is often billed according to weight, note the weight of your property and watch so the movers don’t use excessive padding to boost the weight. Also check with your homeowners insurer about coverage for your move. Usually movers cover only what they pack.
4. Do the settlement math.
Title company employees are only human, so they can make mistakes. The day before your closing, check the math on your HUD-1 Settlement Statement.
5. Review charges on your settlement statement.
Are all mortgages being paid off, and are the payoff amounts correct? If your real estate agent promised you extras -- such as a discounted commission or a home warranty policy -- make sure that’s included. Also check whether your real estate agent or title company added fees that weren’t disclosed earlier. If any party suggests leaving items off the settlement statement, consult a lawyer about whether that might expose you to legal risk.
6. Search for missing credits.
Be sure the settlement company properly credited you for prepaid expenses, such as property taxes and homeowners association fees, if applicable. If you’ve prepaid taxes for the year, you’re entitled to a credit for the time you no longer own the home. Have you been credited for heating oil or propane left in the tank?
7. Don’t leave money in escrow.
End your home sale closing with nothing unresolved. Make sure the title company releases money already held in escrow for you, and avoid leaving sales proceeds in a new escrow to be dickered over later.

Looking to buy or sell?

 

 

Contact your local RE/MAX  Realty Center Agent Stacey Guzanick 262.490.3696, Guzanick@gmail.com,  if you have questions about buying a house or selling one. I can  guide you  toward your next home.

www.HomesWithStacey.com

See you at the closing!

 

 

 

By: G. M. Filisko
Read more: http://members.houselogic.com/articles/7-tips-profitable-home-closing/preview/#ixzz3RIfVUT7t
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