Here are the five key renovation strategies that are time-tested, require minimal effort and provide options for every budget. They are designed to get sellers the best bang for their buck and top dollar for their listing.1. Flooring Every single person in a household will touch the floor every day in varying degrees, whether it’s the bedroom, living room or kitchen. It comes as no surprise that upgrading the flooring is a key feature that w
Be patient -- this doesn't happen over nightKey Takeaways New agents have a long road to setting up their career, but setting up their spheres, absorbing all they can learn and finding a good mentor are all things that will help.When I sit down with new agents for training and we start delving into the “meat and potatoes” of getting their business set up, almost every single person is extremely disappointed when I tell them it could take them
Most agents continue to use the same pricing approaches that the industry did 50 years agoKey Takeaways People searching for homes priced at $500,000 to $550,000 will never see your $499,999 listing.The rules of pricing properties are changing, yet most agents continue to use the same pricing approaches that the industry did 50 years ago. Are you making this costly mistake on your listings?A constant topic of conversation on my company’s group
An open house is a powerful tool to sell a home, yet some agents dismiss it as an old method that’s used only to satisfy the seller. They feel that the full day of work that’s required, which includes marketing, creating pamphlets, preparing the home and showing it, may not be worth their time.However, many agents feel just the opposite and continue using this method as a means to help their clients sell their homes.If you’re a real estate
One of the most stressful aspects of retirement can come down to real estate. Many retirees face several choices, like deciding whether to downsize, buy a second property, keep the family home, or move to a senior community. Realtor.com® recently featured some of the biggest mistakes experts say retirees most often make with real estate matters, including:Holding off too long on moving.If a retiree wants to purchase a second property, real estat
In the high-end market, more properties are lingering. Some sellers are having to reduce their prices in the ultra-luxury market, in the hopes of getting a quicker sale. Otherwise, those hoping to hold out for a higher price are finding they’re waiting not months but years to make a sale.For some, the waiting game is fine, though.“In most cases, my sellers don’t have to sell,” says Ann MacQuoid, a real estate professional with Berkshire H
The 30-year fixed-rate mortgage continues to drop this week, setting a new low for 2017, Freddie Mac reports in its weekly mortgage market survey. This marks the fourth consecutive week that 30-year rates have fallen."Following a weak March jobs report, the 10-year Treasury yield dropped about 5 basis points,” explains Sean Becketti, Freddie Mac’s chief economist. “The 30-year mortgage rate fell 2 basis points to 4.08 percent.”Freddie Mac
Photos of your listing are crucial when selling a home and presenting it online to potential suitors. The New York Times recently featured several suggestions from professional stagers and interior photographers on how to achieve a picture-perfect home, including:Trim the belongings. “Instead of having lots of little things along a countertop or table, have one bold vessel or large plant, or a trio of objects that read as one whole,” says Lau
Confidence and self-image are among the biggest factors for attaining success in your career. If you're in a position of leadership, Mario Jannatpour, a real estate coach and author of the book The Honest Real Estate Agent, has some ideas on how to improve your team members’ self-esteem and snuff out doubt.“The ‘law of attraction’ in our business is about attracting clients who want to work with us because they like us, trust us, and valu
Whether you're selling an oceanfront property in Miami Beach or a Colorado mountain escape, a home's outdoor space is often key in the potential homeowner's willingness to say, "We'll take it!" With property values on the rise, it’s important to create additional living space by bringing the indoors out.No matter the size, creating an inviting area for entertainment and daily living doesn’t have to be a massive construction ordeal. Instead, j
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