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Have
you been wondering what your home would sell for in today’s market?
Most homeowners ask themselves that question – especially if they’re
thinking of making a move in the not-too-distant future. If you’re
interested in knowing the potential selling price of your property, give
me a call. As the REALTOR® who specializes in this market, I can give
you the information you need to know.
Ask Bruce:
R.K. writes: "My house has been on the market for almost three months , with no even
looking at it. It's priced right. It's also one of the nicer houses on
the street. I had my realtor change the photo's and change the
description but still no one has looked at the home. Two other homes
sold within two days of being on the market. The home also seems to be
hard to find on Zillow and other sites. What can be done to help sell
this house?"
Dear R.K., Consider the old marketing "4 P's mantra": property, price, place, promotion. Other homes on your street have sold, so you can rule out "place" as a reason. Next, take another look at your price.
Is your home priced competitively? Even with tight inventory, pricing
remains a buyer's top criterion
when considering a home. As little as a few hundred dollars is all it
can take to swing a buyer to another property. Correct pricing also
applies to the commission
that you're offering- agents don't like to talk about it, but they do
need to make a living. If you're offering a buyer's agent 1% while your
neighbors are offering 3%, the cold hard fact is that some agents may be
tempted to place your home at the bottom of their showing schedules.
After examining your pricing, you should then take
second, critical look at the appearance of your property.
Is your home truly "move-in ready"? These days, buyers are more
particular than ever about the condition of their future home. They've
seen too many house-hunting television shows where every home looks like
a model, and they expect the same. Ruling out the above three factors, only promotion remains. It is concerning to me that
your home isn't easily visible on Zillow and other real estate sites.
These days, a strong internet presence is absolutely essential, as
this is where the vast majority of prospective buyers will begin their
search. Real estate sites are usually very good about capturing
listings, but if they've missed yours, your agent can add it. I hope
this helps, good luck on your sale!
February Quick Stats for the City of Corona
Homes currently available for sale: 329
Sales closed in February: 129
Average days on market: 56
Median price: $420,000
February Quick Stats for the City of Hemet:
Homes currently available for sale: 304
Sales closed in February: 130
Average days on market: 44
Median price: $220,250
Bruce Ueno
Striving to be Your Personal Realtor... For Life! (951) 910-0397 www.bruceueno.com Lic #01947858 |
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Not intended to solicit buyers or sellers currently under contract.
©IXACT Contact Solutions Inc. |
Local Color for the Western Inland Empire plus Informative Real Estate "How To" Articles
Disclaimer
"The views expressed on this Web site/blog are those of the authors alone and do not necessarily reflect the views of Tarbell, Realtors®."
Wednesday, March 1, 2017
My Newsletter for March, 2017
Thursday, February 2, 2017
My Newsletter for February 2017
Greetings Friends!
Spring is just around the corner
and that is traditionally the time of year when the housing market starts to
heat up.
If you have any plans to move, or
are even just curious about what’s available on the market, now is a great
time to inquire.
I’d be happy to help you with any
information you want. Please give me a call anytime.
Ask Bruce:
RE King writes, "I'm looking to
invest in rental property in San Diego. What areas are best in terms of
cash flow? I want to avoid bad neighborhoods. I'm new in rental
so don't have a lot of experience dealing with problematic renters"
Well RE, as an investor myself, I've found San Diego to
be an expensive market that can be difficult to enter as a new investor.
You will experience better capital appreciation in the city proper, but
If you're planning to finance your purchase and positive cash flow is your
number one priority, the outlying communities may offer lower risk and
a better cash-on-cash return. Cities as far north as Temecula or Murrieta
feed into the San Diego market, and the neighborhoods are newer. If you're
averse to the headaches that come with being a landlord, or if the travel
time to your home is an issue, consider using a professional property manager
for your rental. Many realtors manage property as a sideline, or even
as a primary business. I'd stay away from the large management companies, as
you're only as important to them as the size of your portfolio. Play your
cards right, and you'll love being an investor- welcome to the club!
Bruce Ueno
Striving to be Your Personal Realtor... For Life! (951) 910-0397 www.bruceueno.com Lic #01947858 |
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Not intended to solicit buyers or sellers
currently under contract. The opinions
expressed in this publication are those of the author and do not necessarily
reflect the views of Tarbell Realtors
©IXACT Contact Solutions Inc. |
Friday, August 12, 2016
-
5 Ways You Didn't Know You Could Save for a Down Payment
One of the biggest misconceptions of home buying? The 20% down payment. Here’s how to buy with a lot less down. Read
Visit houselogic.com for more articles like this.
Copyright 2016 NATIONAL ASSOCIATION OF REALTORS®
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