May Jackson
Phone:
303-335-9209
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855-897-8135
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303-785-1297

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Why NOT?

July 12th, 2014

It’s usually a bad thing for a REALTOR when a neighbors home goes on the market using another agent.  I think there are some cases where we may not want the listing, so you might ask yourself ‘Why NOT?’  I have a neighbor who bought their home in pristine conditions, and in less than 3 years it now has lots or work needed.  Smells will have to be professionally removed, chew holes in the carpet (or dig attempts) will require new carpeting.  The yard needs a complete new lawn and th sprinkler system needs to have a a leak found.  To make ita ll better, the Neighbor want to sell for $80,000 more than he bought it for and sell it (as-is).  The asking price is coparative (and higher) thananother home one block over, in pristine condition and similar characteristics.

Its amazing to me that some agents just go along with it, they don’t advise their sellers to make the home as move in ready as they can before marketing starts.  Something I find helpful is to have a friend go through the home for a second opinion (and ask them to be honest no matter what – (as if they were going to buy the home) to find out what a buyer would be looking for (What are you looking at when you look for a home?)  Items that you would point out or want to look into are items that a buyer walking through might also point out.

Some basics to getting your home ready to sell:
1.  Clean – get rid of the dust, use a shampooer on the carpet, wipe off the ceiling fan, etc.
2. De-clutter the houes.  Remove all items of value, personal photos, etc.
3. Clean up the yard, create a nice curb appeal

If the seller isn’t good with organization, try visiting a new home development and walk through some of the staged models.  If the seller still just can’t get through it, try hiring a professional stager.  They can come in and tell you what needs to be done so your home will appeal to more than just a few people.

I always have a variety of services available on my website so as a need arises, there is a central place to go.  If I don’t list what’s needed, then ask I can find a couple places to add and give a selection.

Preparing your home for sale – Use a Stager

August 20th, 2013

When preparing your home for sale, it’s  important to remember the old adage,  less is more.  Consider your goal, your target audience and then take a look around.  If you have photo clusters with more than 4 photos, pack them away.  When you walk through your home, if you are seeing more of your knick knacks, chances are that will be the buyers focus also.  Most people need to see the “bones” of a home when they walk through.  You want them to imagine their furniture in the space and feel how this would be if it was their home.

When a homeowner takes a look around, it is common to see the dust and vacuuming that we need to do, but rarely do we look at the the figurines or photos that can detract from the selling points of the home.  You might consider consulting a “Stager” (someone who shows you how to set the house to appeal to the masses) for more specifics on each room, but always remember Buyers enter your home looking to find their next home.

I recently walked through a home, where the decorating was done really well, and focused on family and hobbies.  As a Buyer/Buyers Agent, I was lost.  There was so much on the walls, I had trouble finding my way through the house.  I couldn’t see my belongings or my clients belongings in the home through all the photos, figurines, cute arrangements.  I couldn’t see the ‘bones’ of the home through the forest.  It was painfully obvious that if this Seller wants to sell, they needed to do something to draw the buyers attention to the bones of the home.  We love the cross, and the Christian Music but my clients are Atheists/Buddhist/Jewish/etc and it was just too much for them, the Main Floor Master was great, but we had trouble getting a sense of the flow in the home.

When I received the follow up call from the sellers agent, Our typical response would be, ‘Nice home, thank you for letting us show your home, not quite right for our buyers, good luck’…  That really doesn’t provide the seller with feedback on what’s really happening here.   I really wanted to say, Put away your stuff, so we can see what the BUYERS belongings would look like in the space.     As a result, my Buyers couldn’t tell if it would work for their  situation. ‘

Final thought, when preparing your home for Sale, Use a Stager!  It could save you time, get you more money and remove a lot of grief.

Staged Home

 

Short Sale Foreclosure Clients

August 24th, 2012

A couple years ago we started using a service for our Short Sale Foreclosure clients that helped the Client understand what was expected, how to make it happen and what they could expect. One of the best parts of the program was the client had an Attorney representing them within the sale. One of the downsides was they had to have a $1000 up front (not as a payment but rather in an escrow account to pay back certain fees a buyer would incur if their offer was rejected by the bank) and if they needed to consult with a Tax Attorney or a Bankruptcy Attorney, it could be up to $1500 more! Unfortunately people facing Foreclosure don’t have that kind of money laying around. They’re having a hard time figuring out how they’re going to feed the kids and managing the utilitiy bills.

I loved the idea that my clients could have access to a Real Estate Attorney for their Short Sales and Foreclosures, but the cost being somewhat prohibitive when I was introduced to a Pre-Paid Legal Plan ~ LegalShield I thought it was a great idea! I can now offer my clients who need the advice of an Attorney, an affordable option!!! YEA! There are so many other services they get with this product that the monthly fee is well worth the cost.

To check it out you can go to http://legalshield.com/hub/mayjackson

 

If you need to find out more information about Short Sale or Foreclosures, contact me and we can set a time for a confidential consultation.  You can contact me through my website, www.findahomeincastlerock.com.

Ownership costs are dropping below rental costs!

February 11th, 2012

The recent downturn in the housing market resulted in a drop in rental rates, but rents are back on the rise while the cost of home ownership has dropped.  As average apartment rental rates have slightly decreased, the decline has been moderate in comparison to home values, which have declined nationwide by 30-40 percent since the peak of the housing boom.  For more reasons why now is prime time to buy a home, contact me and I’ll send you a free ebook.

Sellers are motivated!

January 16th, 2012

When supply exceeds demand, buyers have the upper hand – and that’s where we are now! The current supply of homes for sale had been at 12.5   months, meaning that at that pace of home sales, it would take twelve and a half months for the existing inventory to sell.  For you as a buyer, this means lots of choices, lots of negotiating power, and that smart sellers are fiercely competing for your business, both in terms of the price and the condition of their homes.  In November 2011, Douglas County had a decrease of more than 54% in Listings from 2010 905 New listings in 2010 to 414 in 2011.  During this same time the listings Sold in Douglas County went from 333 in November 2010 to 387 in November 2011.  The average Days on Market in November 2010 was 116 while in November 2011 it fell to 105 down 9.5%!   For more reasons why now is prime time to buy a home, contact me and I’ll send you a free ebook.

Lenders are back in the game.

January 6th, 2012

While the final quarter of 2009;s financial meltdown led to a sense that financing had dried up, mortgage funds are now available .  “if you have a job and can afford the payment, chances are you’ll qualify for a mortgage, ”  says David Reed, author and mortgage banker.  For more reasons why now is prime time to buy a home, contact me and I’ll send you a free ebook.

Home prices are trending back up

December 30th, 2011

Every major price index points to a housing market that has hit bottom and is moving in a positive direction.  After thirty months of declining values, home prices appear to be stable or appreciating in nearly every U.S. market.  In August of 2010, the median home price was $182,600, amounting to an 11 percent increase over the low that was reached in February of 2010 at $164,000.  Staying on the fence and waiting for prices to drop further is OVER! For more reasons why now is prime time to buy a home, contact me and I’ll send you a free ebook.

Mortgage rates are at rock bottom and won’t stay there forever!

December 23rd, 2011

The national average on a 30-year fixed-rate mortgage droppedto 4.36percent in August 2010 – lower than it’s been in the past half century and this years rates have dipped even more.  Interest rates for the same time the previous year averaged 5.19 percent, representing a difference of $90 in the monthly payment on a $200,000 home with 10 percent down, as well as a savings of $32,460 over the life of the loan.  For more reasons why now is prime time to buy a home, contact me and I’ll send you a free ebook.

Buyers have the edge!

December 16th, 2011

According to Lawrence Yun, chief economist from the National Association of REALTORS*,  “Home buyers over the past year got a great deal, and buyers for the balance of this year have an edge over sellers.  Affordability could reach a generational high in the second half of this year because of rock-bottom mortgage interest rates, helped partly by the Fed’s very accommodative monetary policy.”  For more reasons why now is prime time to buy a home, contact me and I’ll send you a free ebook.

It’s prime time to buy a home!

December 12th, 2011

I just read a great ebook called “7 Reasons Why Now Is a Great Time to Buy a Home!”  It’s filled with positive, exciting information to help buyers seize the incredible market opportunities available to them right now.  Over the next seven weeks, I’ll be sharing key excerpts from this ebook with you in my blog.  For a free copy of this ebook, contact me and I’ll send it your way!