I have watched the housing market problem for some time now; in fact I have also been involved in it. Many people have faced terrible times and short of overthrowing our government, I have some helpful thoughts. I have been flipping houses for several years now and I can say that houses are actually selling, under the right circumstances, that is.
My seller doesn’t expect too much from me considering the current real estate market. Unless your seller lives under a rock, she knows that the market isn’t working in her favor at the moment. But she needs (or wants) to sell and expects you to be the real estate agent that makes it happen. Even knowing the market, your seller will still expect miracles, to a certain extent, from you. She’s going to want to know exactly what you are doing and she wants to be kept informed. Just because there hasn’t been a showing in a week’s time doesn’t mean you don’t make contact with your seller. You always want to keep the lines of communication open between you and the seller and assure her that you are actively working her listing.
A estate agent services could create a business card with a die cut of a residential roofline. With all of the competition among realtors fighting to get new listings, it could help give the agent a much needed edge.
Get a good Realtor: Many home owners will tell you that they wouldn’t use the same Realtor who sold their last home again. Often this is due to poor communication and lack of feedback. Make sure that everyone understands the communication expectations from the beginning. On my website you can get a free report on the 10 questions to ask before hiring an agent.
One effective way of advertising your property for sale is to hold an open house. The goal of this activity is to gain a wider market for your home. What happens during an open house is the owner of the property makes his or her home open to the public. This then provides a good opportunity for interested buyers and real estate agents to have a personal view of the entire house before making a decision.
Most good real estate brokers will collect your earnest money right up front and may even insist it is considered a “retainer” if you choose not to buy a house after they spend a specified amount of time with you. You may be asked to put down your earnest money before you even see a single home. This money is used for earnest money if you close on a home, but may even be used as a retainer fee for the broker or the real estate agent, if you choose not to purchase a home after taking up some of their time. Either way, your earnest money serves its function of paying for your home purchase or paying for your real estate services.
When you think of unrecorded cash transactions we usually think of undeclared income. Undeclared income is the biggest category, but not the only one. The other is cash expense not deducted on the books. The biggest expense item in this category is cash payroll.
The appraiser will come to your home and take pictures inside and outside. She will measure the home from the outside and inside to get the size of your home. She will also view each room and look for upgrades and problems that your home may have. After about two hours the appraiser will pack up and go to the office. There she will look for comparable sales in your neighborhood or area. She will look for homes much like yours that have sold in the past few weeks. She will then make some calculations and create a report for you. The costs of a home appraisal are between $250 and $550 dollars. Most buyers will be required to have an appraisal if they are getting a loan. This is to protect the bank more than the buyer.