Given a recent rise in interest rates, some Oregon homeowners who planned on selling this year are now wondering about holding off. One reason given is that interest rates have dampened buyer activity. While it’s true higher interest rates make home loans more expensive, a key ingredient to selling any home is property inventory. The […]
One reason buying or selling a home is different than other transactions is because with real estate, egos are sometimes involved. We often hear about the importance of ‘curb appeal,’ or making a home look good from the street. Yet the ‘curb appeal’ that could be a deal-maker or deal-breaker in your next real estate […]
Some effects of the Covid-19 pandemic on Oregon real estate include inconvenient home showing protocols, elevated lender caution, higher unemployment (meaning fewer buyers), plus a reduction in the number of homes for sale. Through it all though, many homebuyers and homesellers continue to work together in closing transactions. Hear this podcast by clicking here or […]
With rare exception, most home sellers hope to sell their property for the most money possible, a perfectly reasonable approach. Yet if you overprice your property in an attempt to maximize your return, you’re likely to sabotage your home selling efforts, have your property on the market longer and receive less at the closing table. […]
With rare exception, most home sellers hope to sell their property for the most money possible. That’s a perfectly reasonable approach. Yet if you overprice your property in an attempt to maximize your return, you’re likely to sabotage your home selling efforts, have your property on the market longer and even receive less at the […]
When multiple buyers express interest in a property by each writing an offer, the balance of power has shifted substantially in favor of the seller. As a result of this decided shift, buyers typically become more competitive. Why? Because fear of loss can be a powerful motivator. What can home sellers do to maximize their leverage in getting the best possible offer? Find out more in this informative real estate podcast!
One simple way for homesellers to improve their results is by taking advantage of the current housing market. While homeselling is typically easiest in what’s known as a ‘seller’s market’ when housing supply is low, homesellers can make this technique work in most market conditions. This is akin to the art of judo, where you use your opponent’s weight against him or her. To do this requires having your Realtor perform some research and likely to be especially worthwhile.
Who wants to spend days, weeks or even months preparing a home to sell? For many, that task is on a par with dental visits and working on taxes. So when getting ready to place your home on the market, what’s a homeseller to do? The good news is that as a homeseller, you have options.
‘When’s too soon to list my house for sale?’ is a common homeseller question Realtors are asked. To be sure, there are a host of factors that influence the optimum time of year to sell. When considering the best time to sell your home, several factors stand out. One is the amount of homeseller […]
Homeselling Strategies Sellers can employ certain key strategies to more successfully sell their home. What are these strategies and as an Oregon homeseller, what is it that you might need to know? As an Oregon homebuyer, it can be helpful to learn strategic insights on the homeselling process from an ‘insider’s’ view. Click here or […]
It’s helpful to realize that as a homeseller, you are in a ‘war’ of sorts. Is it an outright battle? Definitely not. And for anyone selling a home, it clearly helps to maintain a sense of politeness and grace when dealing with potential homebuyers. But we’re about to look at the process of homeselling using the metaphor of homeselling as ‘war.’
Why would the concept of ‘war’ be appropriate to homeselling? To start, homesellers and homebuyers do not have identical goals. In fact, similar to armed conflict, they frequently have goals at direct odds with one another. You can call such business interaction ‘give and take,’ or ‘financial combat,’ or real estate ‘tug-o-war.’ Rather than use swords or heavy artillery, the tools used can be more subtle. Here, metaphorical weapons might include home inspectors, attorneys and a ‘take no prisoners’ attitude. The point is that there is conflict. But as with any good book or movie, sometimes it’s conflict that keeps things interesting and move the process forward, while underscoring the value of what is being contested. Find out more in this podcast titled ‘The Art of War for Homesellers.’