Should you use video to market your house online? In a word: duh. The web is moving toward video. The experts say within 10 years most of the content on the web will be video. If your realtor is not using video to sell your home, you’re missing out on potential buyers. And you have a crappy realtor.
Owning rental property might be a good way to build wealth for retirement, but becoming a landlord may not be as easy as you think. With rental property ownership comes tons of responsibility. You’re the owner, landlord, and maintenance man, which means you’re the one who gets the call in the middle of the night when the toilet is overflowing. Before you invest in rental property, consider these tips.
When you’re getting your house ready to go on the market don’t forget to clean out the garage. Or as I like to call it, “your in-home storage unit”. You should declutter your garage just like the rest of the house. Buyers want to see a clean garage where all their stuff will go, not all your stuff that’s stuffed in there. Here are a few tips on how to return your garage to its original purpose: to house your automobile (which is probably full of stuff).
Lots of people watch those house flipping shows on HGTV and think, “Hey, I can do that. How hard can it be?” HARDER THAN YOU THINK, CHIP!! Successful house flipping is not only hard, it can be expensive and risky. There’s no quicker way to lose every cent you have and find yourself neck deep in debt. So before you jump out there and buy some old house to flip, heed these words.
Many times curb appeal stops at the front door. It’s not enough to have great curb appeal from the front, but your backyard must be equally impressive.
I hear it all the time. “Tim, you have to find us the perfect house!” The truth is, there’s no such thing as the perfect house. Sure, a house might seem perfect at the moment, but within a few weeks or months the warts will begin to show. Perfection is temporary. And just a point of view. Rather than focusing on the perfect house, focus on finding the “nearly perfect” home that suits your needs now.
Are open houses a thing of the past? That’s what some real estate agents are telling their clients, in particular those agents who don’t like to spend their Sunday afternoon holding open houses. I wholeheartedly disagree. Open houses do sell houses. Don’t let anyone tell you otherwise; especially if it’s your house.
Anytime I see a Facebook post that says, “Hey thinking about buying / selling a house… Where are my realtor peeps?” it makes me cringe. Agents come out of the woodwork like sharks smelling blood in the water. You should never choose someone to sell your most valuable asset just because they’ve been your bestie Facebook friend for years — and someone you’ve probably never even met in person.
Even Zillow says their popular Zestimate feature is a ballpark guess at best and doesn’t reflect the true value of a home. Still, everyday I hear someone who takes the Zestimate as gospel… Poor misguided foolz…
Most sellers are unrealistic about the true market value of their home. Most buyers are unrealistic about how much home they can actually afford. Until both sides bring their expectations down to earth, it’s impossible to do a deal.