Category Archives: Seller

How Do FSBO’s Stack Up?

Here are the results of how For Sale By Owners (FSBO’s) compared to sellers who were assisted by a real estate agent:

88% – Sellers who used a real estate agent
12% – FSBO sellers & others

$230,000 – The sale price for a typical agent-assisted home
$184,000 – The FSBO sale price for a typical home

Source: 2013 National Association of REALTORS® Profile of Home Buyers and Sellers

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Avoid These Home Improvement Projects

In addition to being a poor investment, these projects will often hurt the future sale of your home:

  • Turning a bedroom into another type of space
  • Installing an above ground pool
  • Not keeping paint colors neutral
  • Installing a hot tub
  • Creating themed children’s bedrooms

When making changes or improvements to your home, always ask the question; how will this affect my home’s value and marketability when it’s time to sell?

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Be Informed When Selling Your Home

  • A clean uncluttered home sells
  • Homes priced right sell
  • Selling a home is inconvenient
  • Repairs left undone will cost you more money than the repair itself
  • Overpricing your home will help to sell your neighbor’s home
  • Buyers love to grill sellers that are present for home showings
  • Smelly homes sell for less money
  • Cash is not always king
  • Well maintained homes sell for more money
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What Amenities Are Important to Home Buyers?

Here are the results of a recent survey of more than 1,000 people ages 25 to 65:

  • 64% say they prefer a move-in ready home
  • 51% say they want their next home to be larger than their current home
  • 29% say the kitchen is the most important feature in a home
  • 22% say the master bedroom is important
  • 18% say the living room is important

Here are some things that buyers are willing to give up in order to get certain amenities:

  • 41% are willing to give up a location near public transportation
  • 35% are willing to give up better schools and proximity to entertainment and shopping
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10 Home Staging Tips

•Remove the clutter – put small things away
•Brighten areas up with light – open drapes and blinds, add lighting
•Re-purpose rooms – add some new furniture and paint
•Vary wall hangings – try different groupings
•Bring nature inside – add plants and fresh cut flowers
•Group in threes – odd numbers are preferred when grouping accessories
•Give areas a face lift – add new counter tops or cabinet doors if dated
•Add some color – paint with warm tans, honeys and soft blue-greens
•Beware of layout – pay close attention to the traffic flow of each room
•Clean – this is the cheapest and easiest way to improve the look of your home

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Norris Lake – Golf & Lake Community

Woodlake is located on the pristine waters of Norris Lake. There are many recreational opportunities available; a par 72 championship golf course (rated one of the “best new courses” by Golf Digest in 2000), swimming, tennis and all forms of boating. At the end of the day enjoy fine dining at the Country Club. Click on the video to see the Woodlake Community for yourself.

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