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If you are looking for a great home in Blue Springs then be sure to stop by my open house! This great Atrium Split is open and bright with plenty of room for the whole family!
Open Sunday 3/14 from 1-4
21109 E 50th Terr Dr
Blue Springs, MO 64015
See more information below:
/brittany
See you there!!!
This great article has very good tips that I tend to share with my buyers when searching for a home. It speaks to the importance of knowing the area you are looking in and also bringing pen & paper to remember what you like and dislike about a particular home.
If you ever have any questions about anything Real Estate please give me a call. I'm happy to act as your personal advisor and I have the experience and knowledge to ensure you are getting accurate facts. Also, if you ask a question I don't know the answer to, I'll tell you and seek out someone that does know.
See the article below and then... Happy House Hunting!!!
The attached article below gives a great explanation as to why a Comparative Market Analysis is important and also what to expect during the process. It shows the importance of pricing and the proper ways to arrive at the market value of your home.
See the link below and if you ever want a no strings attached CMA from a professional Realtor with an exemplary record for quick sales and a high list to sale price ratio, give me a call. I'd be happy to provide you with a written CMA and explain all the options you have to sell your house for top dollar.
When you sell a home, one of the biggest factors is pricing. A home that is priced right will attract the most potential buyers and sell very quickly. If your home is priced too high the interested buyers will be turned off, or disappointed when they see your home, thinking more was there to justify the higher price.
The longer a home is on the market the less it will bring. Potential buyers will typically question why a home has been on the market for a while, and being overpriced isn't the first reason that pops into their mind. Often when a buyer sees your home has been on the market for six months or a year they start asking the question "What's wrong with that house?"
Sometimes people will price a home higher to allow for negotiation room. This is also a poor plan. If in the process of doing a market analysis you discover that your home is worth $150,000 (for example) then you need to price it near that figure. A good trick is to see at what percentage to the list price the comparable homes have sold at. If you find that the average home sells at 94% of the list price then you could list it at $159,000. However I've had great success pricing it much closer to the actual market value from the start. Like maybe listing it at $154,950. That's how I've managed an average of 96% of list price on all homes sold. This is 5% higher than the Metro KC average.
The best gauge for pricing your home is to look at what's sold and for how much. If you see a home that was on the market for a long time, it's not as good to compare against. Stats show that after a home has been on the market more than two months you start loosing value. At six months the average home sells at 90% of list price and at one year it is down to 84% of list price. So try and use homes that sold in under 30 days. These homes are typically priced well and will sell close to list price.
A good professional Realtor with a history of quick sales and a high list to sale price ratio will be able to set a price that reflects market value. Not only can they make that informed decision, they will be able to show you the numbers and explain what factors justify your homes market value.
I've heard from several people who were thinking about selling their home that they'd prefer to wait until the market recovers. Well I have some good reasons to set aside that thinking and look at all the positives that come from selling your home in a "down" market.
First off, the market we find ourselves in currently isn't really that down. This is more like a normal market. It will be a while before the out of hand prices we saw recently return, most likely they will return to those levels when inflation and normal appreciation put them there.
However, if I'm incorrect about the housing prices, there are still many benefits to selling your home now. One that most people don't think of is that when you sell your home for less due to market factors, the home you are buying is also priced less than usual. And since most all home values work on percentages your gain moving up in house will be significantly higher in terms of dollars.
This is an easy example to see what I'm speaking of. If you purchased your house in 2005 for $100,000, perhaps now it is worth $95,000, or a decrease of 5%. If you sell your house now you can then buy what was a $200,000 house for $190,000, a $300,000 house for $285,000 and so on. Then when appreciation kicks in and your homes value goes back up, your going to come out money ahead when you sell next time.
Also, there is a tax credit available for many buyers. This is motivating buyers to get out shopping earlier than usual, and has also been leading to some bidding wars on cheaply priced good homes. The tax credit expires in April, but I'm pretty confident the market won't notice a huge dip when that time comes.
Lastly, right now there are contractors out there who are skilled and looking for work. With fewer jobs available the pricing is quite competitive and these contractors are eager to earn your business. So if there are some items you've been wanting to take care of, this is a great time to get them done. Also if some items need attention to market your home to more buyers this is a great way to get the work done cheaper and quicker than usual.
So if you are thinking of selling your home, but concerned about the effects from the market place, I hope this will help you make an informed decision. If there is anything I can do, or any questions I can answer, please contact me.
I just posted a new short video showcasing some of the benefits that come from using me to sell your home. Please view it here and contact with me any questions.
http://www.youtube.com/watch?v=pQ1nVTzsIM0
With the home buyer tax credit expiring in April, there are a lot of buyers out looking earlier than usual. If you are unfamiliar with the Tax Credit it provides first time home buyers with an $8,000 credit when they purchase a home and repeat buyers can get $6,500 if they qualify. So there are more buyers than ever out looking to take advantage of the tax credit.
This tax credit expires on April 30th. A buyer must have an accepted contract a home by April 30th and close the loan by June 30th. So rather than waiting until March or April as buyers typically do, those buyers who are planning on purchasing a home this year are getting into the market place early so they can find a home and take advantage of the tax credit.
Already this year I've got an accepted contract on a home that I listed for sale on 1/16/2010. The contract was signed and finalized on 1/26/2010. This time frame isn't rare for me, but with it happening in January, I'm quite surprised. Typically listing homes between December & February is a scary proposition. The buyer pool is small, but the buyers who are out there are very serious. Typically driven by necessities like relocation, expiring leases, or other circumstances that don't give them an opportunity to choose the time of year to move.
The home that I mentioned above isn't closing until April 1st, but the buyers were out to take advantage of the tax credit and found the perfect home. Since this experience and after speaking to some other agents who have had similar happenings, I'm recommending that those of you who are planning to sell this spring list your home sooner rather than later.
If you have any questions or would like more information on ways to ensure your home is ready to be sold visit my website www.TobiasonRealty.com where I have free reports and many tips and ideas to get your home sold quickly!
Bryan Tobiason
Integrity Driving Results
Realty Executives of Kansas City
913-SELLS-4-U
This is my newest listing in Brittany Ridge, Blue Springs MO. For Sale at $217,500
MLS# 1652121
21109 E 50th Terr Drive
Blue Springs, MO 64015
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