Real Estate Insider Blog

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03
Jan
2018

2018: THE YEAR REAL ESTATE TAKES CENTER STAGE

The last two years have seen the U.S. real estate market gain a remarkable amount of traction, surprising optimists and naysayers alike. Several important metro housing markets made impressive strides in 2017, confounding skeptics who predicted that runaway housing prices in some major cities would lead to diminished interest from prospective home buyers. Commercial construction meanwhile continues unabated in several regions of the country. In this commentary we'll look at the drivers behind the strength. I'll also explain why I believe 2018 will be the big coming out party for the real estate sector.

One of the reasons why real estate is a shoe-in for having a blowout year in 2018 is actually product of its recent success - namely, the forward momentum it has generated in recent years. The fact that most major metropolitan property markets have generated enough forward momentum in both construction and sales activity virtually guarantee a strong performance next year. The same could also be said of other markets, such as equities. Yet the stock market, unlike real estate, can reverse its forward momentum much faster which means one can never assume that a strong momentum market in the current year will necessarily translate into a stronger market the next year.

That said, contracts for developing properties are signed well in advance of the actual building, which in part explains the lagging nature of real estate trends. Due to the nature of real estate, the...



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01
Jun
2017

HOW TO PREPARE FOR SELLING YOUR HOME

As I write this blog ... there were 964 homes listed for sale in Clearwater on the MLS. So if you wish to sell your home and have it stand out from the crowd, it won't do to simply throw a sign out in the yard and hope for the best. The goal in a home sale is to get the best possible price while minimizing time on market and aggravation. In order to accomplish this, proper preparation is a must. Here are the things you can do to prepare your Clearwater home to be sold in a short period of time.
 

Landscape and Exterior

First impressions mean everything and prospective buyers must at least get through the front door or nothing will happen. Take some time to freshen up your home's exterior and landscaping to improve its curb appeal. Get rid of dead plants and replace them with fresh shrubs and flowers. Make sure that the grass is green and well-trimmed. Pressure wash the driveway and the home's exterior to vanquish years of dirt and grime. If you wish to go the extra mile and your home's exterior needs it, consider a fresh coat of paint.
 

Declutter and Clean

When someone steps in to view a home for the first time, it should feel clean and inviting. The stacks of shoes that you normally keep by the door need to disappear. Likewise, personal items and any other clutter in the home should be removed. Homebuyers will be looking to your floors, ceilings, and walls first. If they are unable to see these because of clutter, the...

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16
May
2016

Why You Should Declutter Your Home Before You Show It.

You Want Your Home to Look Its Best

If someone is planning to tour your home, you need to make sure that it is as pleasing as possible, both because you want to maximize your chances of selling it and because you want to maximize your expected proceeds from the sale. To do so, you need to declutter your home as soon as possible, which will serve two purposes. First, a decluttered home is also an open and spacious home, which should be much more attractive to most housing consumers than its cramped and closed-in counterparts. Second, a decluttered home has no personal mementos that can make it difficult for potential home buyers to imagine themselves living in it. Summed up, you want to declutter your home because it contributes to your chances of getting the results that you desire from selling your home.

How Should You Declutter Your Home?

Fortunately, decluttering your home should be a relatively simple and straightforward matter so long as you are willing to put in the necessary time and effort. You can start by sorting out the items that you have not used in a year or more since chances are good that you will not be using them anymore, meaning that you will not miss them once they are gone. Generally speaking, you want to make sure to either sell them, donate them, or recycle them since just tossing them out into the trash is the most wasteful option, particularly if they are something that could still be useful to other people. Once you have finished clearing...

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21
Jan
2016

Why You Should Use a Realtor to Sell Your Home

Selling your house takes time and can be complicated process which is why you need to work with an experienced Realtor. A good Realtor offers you many benefits that you just don’t get by trying to sell your home on your own.
 

Establishing a Selling Price

Your Realtor has access to up-to-the-minute information about the selling price, financing terms, and other important details on homes in your immediate vicinity. He or she uses this information to determine a competitive starting selling price for your home. To get the best price for your home, it needs to be valued accurately. A realtor has access to recent sales data and local knowledge that homeowner's don't. Valuing a home without MLS access is incredibly difficult, and it has been found that those online "Zestimates" can be off by as much as 40%.

Developing a Marketing Plan

Getting your home listed on the Multiple Listing Service (MLS) is essential to its exposure, and only a realtor can do this for you.  Realtors also have word-of-mouth relationships with other agents and can set up exclusive showings of your home. According to a 2015 survey of the National Association of Realtors, 82 percent of all home sales occur due to contacts the Realtor had with friends, previous clients, referrals, and personal contacts. You could spend a lot of money on advertising and come nowhere near those results.

Added Layer of Security

When you work with a Realtor, you...

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