kw.com Hello and welcome to This Month in Real Estate, I’m Jay Papasan Our Top Story a recent study reveals the most popular updates sellers made to a house prior to listing it with an agent. But first, the numbers … And now, our Top Story. Recent research reveals the top three updates sellers make in preparation for listing their house … • Painting the house came in at number one • Flooring came in at number two • And the third most popular update was to the light fixtures Surprisingly, sellers spend almost twice as much money updating their house while they lived in it than they do getting it ready for sale. For more, we turn to News You Can Use. Staging your house the right way is one of the most important things you can do to make sure your house sells. According to a recent survey, a properly staged house sells faster and for more money. From the moment a buyer steps on your property, they are trying to envision their life in the home. So start where the buyer starts — with curb appeal. Some things you can do yourself include trimming trees and bushes, planting annual flowers, and re-painting the front door. Inside, make sure the entryway is spacious and inviting. Your real estate agent knows that most buyers depend on their impression of the entryway, the kitchen and the master bathroom to make their decision. Lastly, a word about depersonalization: think of your house as if it were a hotel room. When you check in, you don’t want to think of the other people … Video Rating: 4 / 5
www.kw.com MARCH Hello and welcome to This Month in Real Estate. I’m JAY PAPASAN. Our top story the secret to getting your house sold more than a month faster than the competition. But first, the numbers. [NUMBERS] MAIN And now, our top story. According to KW research almost half of sellers who price their house according to their real estate agents’ interpretation of its market value sold almost twice as fast and for more money than the competition. For more, we turn to News You Can Use. NEWS YOU CAN USE Many sellers like the idea of pricing the house high at first to test the waters. This strategy certainly helps to sell houses. Unfortunately, the irony is that the houses that sell won’t be yours. That’s because pricing your house high only provides a high comparable for other houses for sale in your area. The fact is that many buyers’ agents will actually show your house to clients with the aim of showing what a steal the house down the street really is. For those buyers, seeing is believing. Smart sellers price right in order to get good offers early—in the first couple of weeks. You do not want to do anything that risks your house becoming “old and stale” in the eyes of buyers and buyer agents. Yes, a buyer can always make an offer. You just want to make sure it’s on your house. For more information on pricing your house to sell, talk to your local real estate agent. MAIN That’s all for This Month in Real Estate. Thank you for joining us. Video Rating: 4 / 5
Question by sleepylilme: There is a foreclosed house on my street. How can I find out more about this house and how much it is?
I live in a nice neighborhood in Austin, TX. A couple of years ago our neighbors 3 houses down the street moved and a large family moved in. I never saw that the house was “for sale” (no signs in the yard, etc) so I wondered at the time what happened. (If anyone knows how the property changed hands in this manner, I’d like to know). The house is a beautiful house, but the new neighbors turned out to be very undesirable and in a short time the exterior was looking shabby (unmowed lawn, no yard care at all, dying plants, vehicles parked everywhere, tires laying around, a broken window or two). I assume the house was foreclosed on a few months ago as the “owners” are now gone and have left behind a legacy of filth and disrepair. Out of curiosity, I peered in a few windows around the house and my bold husband tried the garage a couple days ago and it was open, so we took a quick walk through the place. I was utterly shocked at the level of ruin this place is in. The carpets are destroyed throughout the property, Appliances pulled away from the wall and rusted out, art niches with the sides smashed in, many broken windows, the ceiling above a 2 story stair has water damage and is peeling/open. The place is a nightmare, YET the structure and design of the house is still intact and holds much promise with restoration. It has a large yard with a few trees (still living, unbelievably)…it is full of all kinds of abandoned crap and furniture at the moment. We really like the house but its certainly in no shape to sell. I am wondering what will happen with this house? I guess it must have been up for sale at a trustee auction (sheriff sale) but I don’t know. There are no signs in the window as far as a HUD sale or anything like that. There is a lockbox on the door and thats it. How do we find out more about this property? I would imagine it would sell rather cheaply in the condition it is in. Is it possible for it to sit vacant for a long period of time? It has already been vacant this fall. What happens to homes in this state of disrepair? Do the banks attempt to clean/fix them before sale, or sell as is? Any info would be appreciated. Thanks!
Sell This Mansion, Get a Benz
Sell a house, get a Benz? That's the proposition one Virginia homeowner hopes will finally get his countryside mega-mansion off his hands. Recently retired and hoping to downsize, Ken Jenkins and his wife have struggled to sell their $ 1.9 million … Read more on U.S. News & World Report (blog)
Lowe's plans to raise .98B from debt sale
MOORESVILLE, NC — Home improvement retailer Lowe's Cos. said Monday it expects to raise $ 1.98 billion by selling debt. Lowe's said it will sell $ 500 million in five-year notes, $ 750 million in 10-year notes, and $ 750 million in 30-year notes. Read more on CBS News
This old house transformed for today's life
The furniture looked — and in many cases was — as old as the house. While I'm all for honoring the past, such historical adherence doesn't help sell a house, which Stewart had been trying to do for years. To his credit, he acknowledged that his way … Read more on Denver Post
Bidding Wars Erupt as US Supply of Homes for Sale Falls
The US inventory of new homes stood at 150000, a 5.8- month supply, in February, when new houses sold at an annual pace of 313000, slower than analysts expected, the Census Bureau reported March 23. The supply of new houses rose from 5.7 months in … Read more on BusinessWeek
Black Panther birthplace flipped, sold as trendy Oakland showpiece
The North Oakland bungalow where young revolutionaries founded the Black Panther Party in the late 1960s has been remodeled into a trendy showpiece worthy of Better Homes and Gardens. By MATT O'BRIEN; Oakland Tribune OAKLAND, Calif — OAKLAND, Calif. Read more on TheNewsTribune.com
Question by froghead: Thinking about building “Tiny Home” anyone know about this?
I am thinking of selling my 3 bedroom home that I own clear and free and building a 800 to 1000 sq ft free standing tiny home. and powering it with solar and wind power. I don’t need much more space (along with a shed that might be bigger than house)
Does anyone live in one of these or know about them so they can give me info
It would be more to drive down my living expenses than being green, but like the green results of doing this.
Would be able to do away with utility bills, would take less energy to heat/cool and would serve its purpose.
also thinking of setting up rain collection unit to do most non drinking/cooking applications. for gardening and washing stuff not involved in cooking supplying toilet water and such
Best answer:
Answer by Nata T good luck. it’s not a GREEN thing, it’s called minimalist. I’ll bet a 3000 square foot home built right would be greener if you wanted it too. Just throw everything out and use nothing, eat nothing, dispose of nothing, bread and water rules.
Question by Scotty S: Can I get a great deal on a house using a “short sale” at this point in time?
Title says it all.
Are short sales hot right now? Can I get a good house for significantly under value by using one of these?
Best answer:
Answer by Palm Springs Real Estate There are some great deals on Short Sales right now. Short Sales can take a little longer to close than a normal home purchase. The Bank is the seller and sometimes they move at a slower pace. Short sales are not always the best deal, check with a good Realtor in your area and see if there are other homes that may be better for you. Make sure you pick a good location, location is everything in Real Estate.
Question by johndeere2510: A&E’s “sell this house” Roger and Tanya?
Two questions:
1. is Roger gay or not?
2. if not, are he and Tanya getting it on ?
Best answer:
Answer by girlnextdoor Hazard hosts the A&E network’s Sell This House and Move This House with Memme, but they’re not a real-life couple. He’s single with no kids and lives in Seattle.
Question by koalatcomics: Would this be a quick primer for the definition of a two faced liberal?
Nancy Pelosi, approx, one hour before the unsuccessfull veto override vote…
Make no mistake, Democrats are committed to ending this war,” House Speaker Nancy Pelosi (news, bio, voting record), D-Calif., said outside the White House. “We hope to do so in unison with the president of the United States.”
Nancy Pelosi after the congress told her and Reid to put a cork in it approx an hour later
“The president has turned a tin ear to the wishes of the American people,”
House Majority leader Steny Hoyer after the repub. clampdown.
“We’re not going to leave our troops in harm’s way … without the resources they need,”
Hoyer, additional.
ap newswire…Hoyer would not speculate on exactly what the bill might look like, but said he anticipates a minimum-wage increase will be part of it
1.)unison is calling the presidents ear tin?
2.)what the !@#@! does the minimum wage have to do with soldier safety.
3.)how is democratic pork barreling “unison”?
It doesnt get more two faced
how are statments made by two liberal “leaders” lobbyist bias?
Best answer:
Answer by idcc4me all liberals are hypocrites morons who will ruin the USA if we let them. just like europeons.
Question by Craig C: Does anyone think that red haired buff guy on the show “Sell This House” is kinda fruity?
Come on! A guy that is big enough to be a bouncer being a designer!
Best answer:
Answer by exelinlife He gives me the creeps- just like Carrot Top does now!
UGH!
