- The National Association of Realtors surveyed their members & released the findings of their Annual Profile of Home Staging.
- 50% of staged homes saw a 1-10% increase in dollar value offers from buyers.
- 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own.
- The top rooms to stage in order to attract more buyers are the living room, master bedroom, kitchen, and dining room.
Buyer’s Market Helps Premium Home Sales Soar
We previously reported how a shortage of inventory in the starter and trade-up home markets is driving prices up and causing bidding wars, creating a true seller’s market. At the same time, in the premium home market, an over-abundance of inventory has started to see prices come down and put buyers in the driver’s seat, creating the beginning of a buyer’s market.
Last week, the National Association of Realtors released their Existing Home Sales Report which shed some additional light on the impact of inventory levels on sales in each price range.
The chart below shows the year-over-year difference in sales at each price range.
Can Your Neighbors Impact The Sale of Your House?
In an ideal world, nothing external will influence your home’s value. As long as the market is on your side and you ensure that the place is in spick-and-span condition, you should not have any problem selling above or at the listing price- right? Selling Real Estate
Just do not forget about your neighbors….
One bad apple can make selling your house a struggle. In reality, there will always be the late-night partiers, the hoarders, the non-stop dog barkers and the just plain lousy, rude neighbors who can easily throw off a sale. According to the Appraisal Institute, they may even cause the value of your home to decrease by as much as 10 percent. If you have a neighbor living next door that fits one of the above descriptions, it could easily put a wrench in the house selling process. Selling Real Estate
Most neighborly disputes do not have a legal solution. Your best option: a smile, a diplomatic conversation and crossed fingers. At times the remedy, sadly, is decreasing your asking price and getting the heck out of Dodge. Selling Real Estate
And once in a while, the law does have your back. Selling Real Estate in Bolingbrook
Here are 3 common kinds of horrible neighbors-and advice on how you should handle them when your home is for sale.
Our Home Selling System
Our innovative Home Selling System was developed to provide our clients with a consistent and proven method to prepare their homes for sale, price their homes appropriately and get the word out to as many prospective buyers as possible. The benefits of home selling system are a quicker sale at a higher price. Selling Real Estate
The most important step in selling your home is pricing it correctly from the onset. Its a well known fact that overpriced homes take longer to sell and usually sell for a lower price. Since the majority of your showings will occur in the first 30 days on the market it is crucial that your initial list price matches buyer expectations. Our agents are trained to use advanced market analysis software to build a comprehensive report that will accurately determine the optimal list price for your home. Request a detailed market analysis of your home. Selling Real Estate
In order to get top dollar for your home you have to make your home look its best. Our agents are trained to help you identify and prioritize repairs and improvements that will provide the best return on your investment. Before your home goes on the market, we offer home staging to make every room in your home look its best. Selling Real Estate – Ask Keith Your local Agent Keith Kreis