Collins & Demac Real Estate



Posted by Collins & Demac Real Estate on 1/19/2017

Preparing to add your home to the real estate market? You'll need to price it accordingly to generate significant interest in your residence and accelerate the sales process. Finding the right price for your house, however, might make you feel like you're walking a tightrope. Of course, you'll want to maximize the value of your home. But at the same time, you'll want to ensure that you can avoid the dangers of asking too much or too little for your residence as well. So what does it take to price your residence effectively? Here are three factors you need to consider:

  1. Competition
Take a look at the prices of similar homes in your area that are currently listed on the real estate market. By doing so, you will be better equipped to determine the right price for your home. Active listings are accessible here on my website and can help you minimize guesswork during the pricing process. This information offers substantial value, as it gives you a glimpse into the current state of the real estate market in your area and where it may be headed. Also, you should examine past home sales data. This information can help you identify home pricing trends over the course of several months or years. It is essential to use home pricing and sales data to gain a leg up on your rivals. However, this information should serve merely as a starting point to help you get a better idea about what your home may be worth in today's real estate market. And ultimately, you should feel comfortable with your home's price, regardless of whether this price matches or varies from similar residences that are available.
  1. Homebuyers
How would a homebuyer view your house? Considering the buyer's perspective before you list your home is paramount, as this enables you to take a critical look at your residence's strengths and weaknesses and price your home appropriately. For example, if you recently revamped your home's kitchen, you can highlight your first-rate kitchen to homebuyers. This feature may help your home garner interest from large groups of buyers. Thus, it may be a good idea to consider the total cost of your kitchen renovations when your price your residence. Comparatively, a home that needs a lot of work, aka "a fixer-upper," may require a discounted price. You can market your residence as a fixer-upper to set the expectation that your house boasts a below-average price but may require significant repairs. Therefore, if you establish realistic expectations for a fixer-upper, you will be better prepared to garner attention from the right homebuyers consistently.
  1. The Real Estate Landscape
The real estate market constantly evolves, and those who study market trends can set the right price for their home at the right time. In a seller's market, you may be able to offer a higher price due to a limited supply of quality residences. On the other hand, in a buyer's market, you may need to set a below-average price to draw attention from homebuyers who can choose from a wide range of top-notch residences. Studying the real estate market can help you become an informed seller. As a result, you'll be able to determine the ideal price for your residence and improve your chances of speeding up the sales process.





Posted by Collins & Demac Real Estate on 8/11/2016

Nothing beats the warm, inviting feeling that you get when you enter your kitchen. However, failure to keep your kitchen clean can impact the quality of your kitchen. This ultimately can make a big difference in how homebuyers perceive your kitchen, along with whether they decide to submit an offer for your home. Fortunately, there are many simple ways to keep your kitchen looking great day after day, including: 1. Use baking soda to clean your tile floors. Your tile floors were beautiful after they were installed. But since that time, they've become dirty, grimy and tough to clean. But we have a surefire solution to help you revamp your kitchen's tile floor – baking soda and water. The combination of baking soda and water serves as a wonderful tile floor cleaner that is easy to apply with a mop. And within minutes of using it, you may notice that your kitchen's tile floor looks as good as new. 2. Eliminate wall splatters. Over the years, you've prepared a wide range of meals in your kitchen – everything from spaghetti and meatballs to sloppy joes. Unfortunately, not every dish has been an instant success. And as such, there have been many splashes of various ingredients that have landed on your kitchen's ceiling, floors and walls. Eliminating wall splatters may seem impossible at first. Luckily, there are numerous viable options to help you remove them without delay. For stains on painted walls, you may want to use a wet cloth or paper towel. The combination of a wet cloth or paper towel and tough scrubbing will allow you to eliminate stains on painted walls immediately. Comparatively, oily stains may require water and dishwashing soap. This mix is powerful and will ensure that you can remove cooking grease and other oily stains. 3. Disinfect the garbage disposal. Your kitchen's garbage disposal has served you well, but bad garbage disposal odors may persist if you're not careful. On the other hand, home sellers who focus on keeping their kitchen's garbage disposal clean can avoid such odors altogether. Looking for a great way to clean your kitchen's garbage disposal? Using a mix of vinegar, water and ice cubes can help you clean and deodorize your kitchen's garbage disposal quickly and effortlessly. Dedicate the necessary time and resources to disinfect your kitchen's garbage disposal, and you can guarantee that this disposal remains clean and performs consistently. 4. Wipe out the refrigerator. In many cases, home sellers may include a refrigerator in a home sale. As such, you'll want to keep this refrigerator looking and performing great. Wiping out your refrigerator and removing expired items regularly is essential. By doing so, you can remove the risk of bad odors from escalating in your kitchen. Of course, don't forget to keep an open box of baking soda in your refrigerator, too. This box should be changed periodically and will provide a fresh scent any time you open your refrigerator door. Keep your kitchen clean, and by doing so, you may be able to boost your chances of a quick home sale.





Posted by Collins & Demac Real Estate on 3/3/2016

Puppy and kitten and guinea pigDid you know that pets can significantly reduce your home's value?  Homebuyers are hesitant to buy a home with pets because they are weary of odors and damage. If you are a pet owner here are some tips to ensure you get the highest final sale price for your home: 1. Start outside. The outside of your home is the first impression, it is the first thing a potential buyer sees. Fill and holes in the yard that have been dug by pets. Make sure to walk the yard and pick up any pet waste. 2. Check the woodwork. Pets have a habit of chewing. Go through your home and look for any damage. Check the floor trim, the threshold of your doors, and the corners of doors and cabinets. Also don't forget to check carpet, window ledges and screens, especially if you have cats. Hardwood floors can also get scratched by pets too. You may need refinish your floors if they have pet scratches. 3. Check the carpet. Carpets are usually best replaced rather than repaired. It is almost impossible to remove pet odor from carpet. If the carpet has been chewed or frayed from scratching it can likely be stretched and re-tacked by a professional. 4. Look for stains. There can be stains on carpet, flooring, drywall, and trim. Make sure to repair or replace any items that are stained before a buyer sees them. 5. Address odors. You may not even notice pet odors in your home but they will be very obvious to buyers. Ask someone else to give you an honest opinion of pet odors in your home.  Make sure to vacuum daily and open windows if you can. It's not just accidents that cause bad odors. Your pet's hair, dander and sweat also create odors. 6. Clean your furniture. Even though the buyer is looking at the house, if your furniture is stained or ruined buyers will still devalue your home. 7. Keep the pets away. If possible remove pets from your home when showing it. You could board them, or have a friend keep your pets while you're showing your home. If that is not possible make sure to buy pet crates to keep them locked up and out of the way.





Posted by Collins & Demac Real Estate on 2/4/2016

Trying to buy and sell a home at the same time can be tough. Sometimes these buyers and sellers are referred to as being in a sandwich because they are in the middle. The reason this can be difficult is because there is no guarantee that your new home will close at the same time as your old home. Selling and buying a home at the same time is possible but you will need help. Here are a few tips on how to get into your home while closing on your own home: 1. Hire a real estate professional. This is almost an impossible task without having a seasoned professional by your side. There are lots of details that go into selling and buying and an experienced real estate professional will know just what to do to get you to both closing tables. 2. Sell first, and then buy. This is probably the easiest and safest plan. List your home for sale and secure a buyer. You can either close on your home before purchasing another one, or ask the buyer for a contingency to allow you time to find a new home before closing on the previous one. There are many advantages to selling first, it allows you to know how much you can spend on a new home, and you don’t have to worry about temporary financing. 3. Try to schedule the closing date on the purchase of your new home on the same day, but after the closing on the home you are selling. This way, you can stay in your present home until you move into your new one. Bottom line, when it comes to selling and buying a home use the expertise of your real estate professional. Your plans may change depending on your circumstances and your local market.





Posted by Collins & Demac Real Estate on 12/3/2015

One of the trickiest parts of buying or selling a home is the negotiation process. Too often when our home is involved our emotions get in the way and the deal can go south quickly. Negotiating is an art. A real estate professional is trained in negotiating but you will need to prepare too. Here are some hints to help you navigate the home sale negotiation process: Do your homework know your home’s worth, understand the value of your home in the marketplace. Be realistic about what your home is worth. Much of the work you did to the home was a labor of love and may not have a monetary value. Be patient, negotiations can take time. Do not let emotions (greed, pride, anger, or prejudice) get in the way of negotiating the best deal. Think of your home as “the house”,” instead of “my home.” You have made the decision to move so try to think of the sale as a business transaction. Take all reasonable offers seriously. Don't let a good deal walk away over a few hundred dollars. Try to look at the deal from the opposite side of the table. This will help you try to see where the potential buyer is coming from. Most of all, have a positive attitude. Don't get caught up in the game of negotiating instead remember the goal is to sell your house for a fair price and move on to your next adventure.







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