Real Estate News You Can Use

Brought to you by: Randy Elgin
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April 2009

Don't Make These 4 Home Seller's Blunders in San Antonio's Real Estate Market 

Learn how to obtain the best price and avoid the headaches and heartaches associated with selling a home by avoiding these top four mistakes most people make:

1. Pricing

Without a doubt the single biggest mistake most people make when selling a home is not pricing right. Price too low and people are likely to ignore the home because they think it has major flaws; price too high and it is likely to sit on the market so long people lose interest. Work with an agent to price right as soon as the house goes on the market.

2. Maintenance

Failure to make small repairs, paint and properly maintain the property can result in a lower selling price, longer duration on the market and just plain lack of interest.

Remember, first impressions matter. Most people will begin their search online then take a drive by the home before scheduling an appointment to see more.

Make sure your home looks its best at all times.

3. Cutting Commission

While it might seem smart to reduce commission or even try to sell a home yourself, it's usually "penny wise and pound foolish." Remember, a lot of the commission goes to the agent/broker who brings a buyer to the table...less commission equates to fewer people working on your behalf to get the home sold.

Don't scrimp on the MLS or cut commissions; the additional time, advertising costs and other expenses are likely to erode any so-called savings you might hope to gain.

4. Future Planning

Make sure you have a plan in place before sitting down to the closing table; be sure to take taxes into consideration and have a new home lined up in advance. Otherwise, you are likely to find at least a portion of your profits going toward unexpected expenses.

How the Seasons and Weather Affect the Real Estate Market

Buyers searching for a new home will do well to remember how seasons are likely to impact real estate. Learn how to obtain the best price while making seasonal variations and weather trends work for you with these quick tips:

Always view homes in person. Although a picture may be worth a thousand words, there are times when a photo can actually lead you astray; overgrown bushes could be hiding a diamond in the rough, while a snow-laden landscape may not show the true beauty and charm of a potential property. Assuming all things are equal, take time to visit a property in person before making a final decision.

Shop during the "off" times. Motivated sellers may need a fast sale due to job transfers or other family situations; unfortunately, they aren't always able to take advantage of perfect timing. Harsh weather, holidays and other "off" times often result in fewer people looking for properties. Offer fast closing times and other negotiation strategies for a win-win situation.

Purchase extra protection. Seasonal variations can give misleading inspection results if you aren't careful. Always take the time to obtain a professional inspection and pay close attention to "off season" items. For example, in the middle of winter it's easy to discover heating-related problems but don't forget to have the HVAC system checked too. Other common seasonal culprits include pools, irrigation systems, fireplaces and windows. An appraisal is an inexpensive way to guard against seasonal real estate related problems.

News You Can Use is brought to you free by:

Randy Elgin
10999 IH10W; Ste 175
San Antonio, TX, 78230
210-232-2310
SaRealtyWatch.com

Thanks for reading! If you'd like to tell me what you think about this newsletter, or if you're thinking of buying or selling real estate, please get in touch.

This newsletter and any information contained herein is intended for informational purposes only and should not be construed as legal advice. The publisher takes great efforts to ensure the accuracy of information contained in this newsletter. However, we will not be responsible for errors or omissions or any damages, howsoever caused, which result from its use. Seek competent legal counsel for advice on any legal matter. This newsletter is not intended to solicit properties currently for sale.

 
How to Protect Yourself against Identity Theft

Research indicates identity theft is on the rise despite continued efforts to keep data secure and crack down on offenders. Big business and government can't stop the problem alone - it requires the diligence and effort of every citizen to remain vigilant.

Learn how to protect yourself against identity theft with these simple steps:

Double-Check. If you receive an unsolicited phone call, email or other correspondence, do not provide personal information; instead, ask for a phone number and name so you can call back, then verify that the information is the same as that provided on your billing statement or other contact information. Sophisticated scammers are able to mimic email, websites and even toll-free call-back numbers so that they can entice unsuspecting consumers to provide information.

Manage Passwords. Always use encryption when doing online banking or shopping or otherwise providing delicate information, and take the time to change account passwords frequently. Remember, never share your user names or passwords with others and create unique ones for each individual online presence.

Alerts! Use email alerts to notify you of unexpected withdrawals or large account transactions on banking or credit cards. It allows you to stay alert to potential fraudulent activity on your account.

Wireless Warnings. Although wireless hot spots in cafes and the like are convenient, they are a security nightmare. Avoid banking or conducting sensitive business via a wireless network. Instead, wait until you are in a more secure location or use additional encryption if necessary.

Wondering How Much Your Home is Worth?

If you're wondering what's happening to prices in your area, or you're thinking about selling your house, I'll be able to help.

Just give my office a call for a no-fuss, professional evaluation.

I won't try to push you into listing with me or waste your time.

I'll just give you the honest facts about your home and its value.

And maybe I'll also give you the "inside scoop" on what's happening in the housing market near where you live!

Just give my office a call at 210-232-2310 to arrange an appointment.

 

Putting Your House Up For Sale? Get These Essential Tips

If you want to get the best price for your house, it's essential to prepare it for sale. Homes that have been "staged" go for a lot more money… and sell much more quickly, too.

To give you a head start, get my free guide, "50 Essential Tips to Prepare Your Home for a Speedy, Top-Price Sale."

Just call me at 210-232-2310 and I'll send it right out to you. 

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