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July 2017

Found 5 blog entries for July 2017.

A seller has to consider the amount of time and endless follow-up devoted to selling a home

 

Key Takeaways

  • Poor and incomplete presentation of a listing when selling is setting the stage for a home to be incorrectly perceived and potentially undervalued in the marketplace.
  • Ultimately, unguided decision making when handling the single largest transaction someone makes can result in a rocky real estate process with issues that could have been avoided.

 

Selling a home without a real estate agent is like handling your own legal matter. You may only know enough to be dangerous, and worse yet, you don’t know what you don’t know.

In that situation, one risks costing

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It's not as easy as it looks on TV

Key Takeaways:
  • A real estate agent's job is to make sure everyone else involved in the transaction is doing their job.
  • Agents have to continually shift gears to quickly adapt and respond to customer needs.

What does a real estate agent do? Oh, where to start. Trying to explain to the public how real estate agents spend their time is akin to explaining what a doctor or lawyer does all day. There’s a lot more that goes into “treating patients” or “handling legal matters” and the same goes for “helping people buy, sell or rent property.”

From a consumer’s first thought about making a real estate move to actually taking the leap (whether that means right now,

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Rising home prices are pushing more people to rent that at any time in more than 50 years, according to a new report.


A new analysis of Census Bureau data by the Pew Research Center found that more US households are headed by renters than at any time since at least 1965, according to a MarketWatch report.

“The total number of households in the United States grew by 7.6 million between 2006 and 2016,” the Pew Research analysis said. “But over the same period, the number of households headed by owners remained relatively flat, in part because of the lingering effects of the housing crisis.”

The percentage of households renting was just over 31% in 2006. By 2016, it had risen to nearly 37%, MarketWatch reported.

“Certain demographic groups – such as young

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Selling a home is a business -- take the personal out of it


Key Takeaways:

  • Sellers should keep the home in a ready-to-show state, which means toning down decor, cranking the air conditioning and turning up the lights.

The sellers have decluttered, painted, made repairs and spiffed up the landscaping. The curb appeal is at its best. After the long process of getting the home listed, the for sale sign is up. Now what?

 

1. Never turn down a showing

Remember the Murphy’s Law of real estate: Whenever it is inconvenient, the appointment center will call. Try your best to accommodate all showings.

Every showing could be “the one.” Some buyers cannot, or will not, reschedule. The more buyers who see your

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Young Americans are delaying homeownership because they're burdened with student loan debt, waiting longer to get married and have kids, and spending more on renting. Some are still living with their parents — especially in certain parts of the country.

Waiting longer to buy a home means there's plenty of time to prepare financially if homeownership is on your list of life goals.

Below, we've outlined seven of the dumbest money moves to avoid before you buy a home:

1. Expect to get a big return.

If someone asks why you want to buy a house and your first answer is something along the lines of "Because I'm wasting money on rent," or "Because it's a good investment," you might not be mentally prepared for all the responsibilities

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