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WHY USE A REALTOR?

 This Spring has certainly brought out not only flowers, but also a lot of lookers into the real estate market.  Never before have so many questions been asked regarding the economy, the housing market and re-sale values, etc. 

Over and over, there is talk about real estate being "local" – national numbers don’t seem to make sense for a person who is buying or selling in a specific local market.  So what can you do?

 If you're thinking of selling, call your local professional REALTOR who is knowledgeable about the subdivision that you are interested in early in the thinking process.  REALTORS know what’s happening in your specific area and can tell you the real story on numbers of sales and days on the market. REALTORS can even give you specific advice on upgrading or staging your house to sell.  Pricing is the major element in a speedy sale and your REALTOR is the person who can help guide you.

Buyers also need to know the lay of the land.  While the national news might be screaming that it’s a “buyers’ market” – that’s not ALWAYS true.  Again, your local REALTOR can help you get the information you need in order to decide when and where you want to buy. There is a lot more to finalizing a successful purchase than just searching the internet and finding a home that looks good online. So, make sure you talk to a REALTOR who can help you complete the purchase and move right in! 

We are ALWAYS ready to help Buyers and Sellers achieve their dreams.  Contact us at: skye@txhomesearch.com. or go to www.txhomesearch.com 

Source: Combs/Skye        

Why Do Some Homes Sell Quicker Than Others?

They are priced right.  Pricing is usually the number one determinant as to how long a home will be on the market.  Obviously, the property has to be priced competitively, but do not set the price based upon what you heard a neighbor received for their home. Adjacent homes can be radically different. They both may have the same floor plans, but improvements, a more desirable location in the neighborhood and other seemingly small variations can make a significant difference when it comes to price. Also, how a home is staged for the market carries a great deal of weight in the ultimate price received.

 In considering the right price, one of the most important traits you need is objectivity.  Homeowners, naturally, have an emotional attachment to their home, and because of their feelings they oftentimes overestimate what their home is worth.  Despite the attachment, try to be practical and logical. Make a competitive study of recent sales that are comparable to your home. Evaluate price per square foot, age, condition and location.  Also functional obsolescence and major updating could have a great impact upon pricing. 

Remember, that the value of your home can be impacted by developments that are not yet in place.  Is there vacant land nearby? If so, what businesses or structures will be erected there in the future? Is it a desirable addition to the neighborhood? If there is vacant land, visit the local planning and zoning commission to see what might be built. You can always call a local real estate professional who knows your neighborhood to explain the elements that go into pricing and why.  Ask that person about a CMA (comparative market analysis) and what it means. 

Source:  Mitchener/Skye