Home Selling

Feb. 22, 2016

Can you really rely on Zillow?

Are you familiar with Zillow's value estimates that they call Zestimates? They are a computer generated home valuation based on recent sales prices of other homes in the area. The problem is they are usually not very accurate. I have seen some very inaccurate values from them. In late …

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Feb. 2, 2016

FSBO - For Sale By Owner Statistics

 

  • FSBOs accounted for 8% of home sales in 2014. The typical FSBO home sold for $210,000 compared to $249,000 for agent-assisted home sales.
  • FSBO methods used to market home:
    • Yard sign: 42%
    • for sale by owner statisticsFriends, relatives, or neighbors: 32%
    • Online classified advertisements: 14%
    • Open house: 14%
    • For-sale-by-owner websites: 15 …
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Jan. 19, 2016

Where Does Your Commission Go?

The market commission these days is 6%. On a sale of a $350,000 property the commission is about $20,000 (rounded down a bit for simplicity).

I admit this is a significant chunk of change. So, is your agent putting ALL of that in his or her pocket, taking …

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Jan. 15, 2016

Now Could Be a Good Time for Canadians to Sell Their US Property

Jan 15, 2016

Now could be a good time for Canadians to consider selling their property in the US. The conditions are becoming very favorable mostly because of the currency exchange. As of today 1 US dollar is worth 1.45 Canadian dollars. Just four years ago the USD and …

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Nov. 8, 2014

Seven Short Sale Myths - The Truth About Selling an Underwater Home

A short sale can be an excellent solution for homeowners who must sell and owe more on their homes than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand the reality of this process should you find it meets your …

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Aug. 26, 2014

Short Sales Explained

A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and …

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May 8, 2014

When Can an Executor Sell Inherited Property?

An executor can sell inherited property as soon as certain requirements are met.

In many cases the success of a sale depends on the closing occurring in a timely fashion. It is important that the executor or personal representative have the authority to sell the real estate or personal property …

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Posted in Home Selling
May 4, 2014

The 10 Most Common Duties of An Estate Executor

An estate executor is someone, generally a close family member, assigned by a deceased person's Will to settle their estate. Laws vary from state to state. In Florida, in cases where the decedent died without a Will the county probate court will assign someone known as a Personal Representative …

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Posted in Home Selling
Nov. 26, 2013

What happens when you sell your home?

what-happens-when-you-sell-your-houseSelling your home can be a stressful experience if you aren't prepared. Be aware of what kind of pitfalls to expect, and the process will go much smoother. Some of these pitfalls are avoidable, unfortunately some are not. Here's a few things to be aware of before you …

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Aug. 26, 2013

Multiple Offers Are a Good Thing (For the Seller)

Pricing strategies to get multiple offers

Attracting Multiple Offers for Your HomeOnce a homeowner has decided to sell their home, in most cases, the goal is to get the most money they can from the sale.  How is that achieved in today's market?  Here we are in the summer of 2013 and homes are …

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