Seller Negotiation Tactics That Can Backfire Homeowners should not become overconfident in a seller’s market, or they might end up sabotaging their sale. Realtor.com® recently featured common home seller negotiation tactics that can backfire, including: Starting a bidding war. “If mishandled, people may assume the worst, and the best offer may walk away,” Sep Niakan, broker-owner …
Category: Real Estate Tips
Nov 01
5 Horrors at Home Showings
5 Horrors at Home Showings From the artwork to the odor, your listing may be inadvertently giving buyers the creeps. Realtor.com® recently interviewed real estate professionals about the items that have scared off their buyers the most during showings. Here are the top five spooks. Doors with too many locks. If the doors have …
Oct 31
When to Drop Your Listing Price
When to Drop Your Listing Price Though low inventory is prompting buyers to raise their offers in order to beat out competitors, you still want your sellers to know: an overpriced listing will linger on the market. Buyers pay attention to time on market and may erroneously assume something is wrong with a property that …
Oct 30
Protect Your Email From Latest Hacking Trend
Protect Your Email From Latest Hacking Trend Many real estate professionals have become keenly aware of targeted wire fraud scams that include email impersonation tactics. A growing avenue cyber criminals are using to get highly sensitive financial data is known as spear phishing, according to Asaf Cidon, vice president of content security for Barracuda Networks, a data …
Oct 27
Social Benefits of Home ownership
Social Benefits of Home ownership Improved educational performance, higher civic participation, lower crime rates, and improved health remain the biggest social benefits linked to home ownership, according to a new research paper by NAR Chief Economist Lawrence Yun and research economist Nadia Evangelou, which appears in The Journal of the Center for Real Estate Studies. Some findings from …
Oct 26
Upscale Staging Is Key in Luxury Condos
Upscale Staging Is Key in Luxury Condos Looking to get your listing noticed on the higher end of the market? Condo developers in this segment say they lure affluent buyers with models that feature brand-name goods and high-end finishes. “You want customers to daydream a little bit. Everyone always buys what they see,” Alexander Hovnanian, …
Oct 25
How Happy Is Your City?
How Happy Is Your City? How Happy Is Your City? Boulder, Colo., is the happiest city in the U.S., according to the National Geographic Gallup Special/Blue Zones Index. The city’s sense of community, access to nature, sustainable urban development, preservation policies, and its clean mountain air help make its residents feel upbeat, according to …
Oct 24
Battery-Powered Homes Are Becoming Reality
Battery-Powered Homes Are Becoming Reality Your clients may one day live in a battery-powered home, and that’s getting closer to reality for homeowners in New York, California, Massachusetts, Hawaii, Vermont, and Arizona. Many municipalities in those states are revamping their electrical grids and turning to batteries to make them more efficient. But the average homeowner …
Oct 23
More Neighborhoods Fall Under HOA Guidance
More Neighborhoods Fall Under HOA Guidance Twenty-one percent of the nation’s population now resides in communities governed by an association, which includes planned communities, homeowners and condo associations, or housing cooperatives, according to the National and State Statistical Review for 2016 Community Association Data. The report was published by the Foundation for Community Association …
Oct 20
The Best Places to be a Landlord
The Best Places to be a Landlord Higher home prices and a tight supply of homes for sale may be the mantra nationwide. But certain markets are still offering lucrative options for investors. Real estate sales and auction company TenX released its top picks for investors and Texas had the most markets on its list, scoring …
Oct 19
These Lenders Dominate the Mortgage Market
These Lenders Dominate the Mortgage Market Quicken Loans is commanding the largest share of the mortgage market, according to 2016 data recently released by the Federal Financial Institutions Examination Council. But Wells Fargo boasts the highest origination dollar volume at $126 billion in 2016, compared to Quicken Loans’ $90.6 billion. iEmergent, which compiled the data, …
Oct 18
Childless Buyers Buoy Condo Market
Childless Buyers Buoy Condo Market Home shoppers without children are a growing segment in the housing market, and they tend to desire smaller houses than previous generations. The fertility rate among women 15 to 44 years old is at its lowest level since the CDC began recording such rates 108 years ago. As more couples …
