Evaluating the First Offer
Your dining room table is the scene of high drama. Your home has been listed for sale for six weeks, and finally, the first offer has come in. You are meeting with the agents, and are very excited until they mention the price--it is a lot less than you expected.
Before you feel offended, however, remember that the first offer is often just the beginning of a negotiating process. Your agent can help you weigh the good and bad points, evaluating the price in relationship to the terms or conditions of the sale. Sometimes an offer with a low price can look quite attractive once you understand all of the terms.
If you are willing to make some compromises, the buyers may accept a counter offer that will give you more money. A lower price from highly qualified buyers may be better than one from people who may have difficulties with financing. Keep in mind that your first negotiated price is often your best price!
Thursday, June 26, 2008
Thursday, June 5, 2008
Location, Location, Location
The Benefits of a Good Location
One primary and irreplaceable feature that influences a home's appeal is its location. Desirable homes are often situated in beautiful geographical settings, with convenient access to jobs, shops and transportation. In preferred locations, homes hold their value over time, even as real estate markets in other, less popular vicinities show evidence of abating.
Some of the most valuable and exquisite homes in America are located in areas that are associated with breathtaking views, fresh air, and enjoyable leisure activities. In such locations, property values tend to remain at a premium because of the fact that there is only a limited amount of precious land, and there is easy access to the pleasures and necessities of life. Existing homes that are well maintained and situated in exceptional natural surroundings often sell very quickly, because people eager to move into the area keep an eye on the listings. There is always competition for homes where the local supply does not accommodate the public demand.
Give us a call today if we can help you find that PERFECT location.
One primary and irreplaceable feature that influences a home's appeal is its location. Desirable homes are often situated in beautiful geographical settings, with convenient access to jobs, shops and transportation. In preferred locations, homes hold their value over time, even as real estate markets in other, less popular vicinities show evidence of abating.
Some of the most valuable and exquisite homes in America are located in areas that are associated with breathtaking views, fresh air, and enjoyable leisure activities. In such locations, property values tend to remain at a premium because of the fact that there is only a limited amount of precious land, and there is easy access to the pleasures and necessities of life. Existing homes that are well maintained and situated in exceptional natural surroundings often sell very quickly, because people eager to move into the area keep an eye on the listings. There is always competition for homes where the local supply does not accommodate the public demand.
Give us a call today if we can help you find that PERFECT location.
The Homes Around Nashville Team
Realty Executives Fine Homes
615-376-4500
615-566-3712
Tuesday, June 3, 2008
Curb appeal
Curb Appeal Takes Starring Role in Competitive Market Updating Windows and Doors is a Must in a House Exterior Makeover
(ARA) – Real estate may be about location, location, location, but it's also about looks. Curb appeal is taking on a bigger role in today's housing market. With the number of available homes for sale growing each day, buyers can afford to be choosy and consider only houses that show well from the street. That means sellers now have just a few seconds to make a first impression, capture interest and draw buyers inside.
Confirming just how important curb appeal is to hooking new owners, JELD-WEN, a leading window and door manufacturer, discovered in a recent survey of real estate agents that 82 percent have had potential buyers decline to look at the interior of a home based on the exterior appearance.
“In today's competitive market, buyers want upgrades, like windows and doors, that create visual appeal,” says Elizabeth Souders, product marketing manager for JELD-WEN. “A home must present itself favorably in a quick snapshot. The real estate agent survey shows that without strong curb appeal, buyers might not even consider looking inside the home.”
Upgrading curb appeal is proving to be a good investment when selling a home. According to the National Association of Realtors (NAR), window and door projects mostly pay for themselves at closing. Typically, homeowners can expect between an 81 to 88 percent return on window upgrades, the NAR said.
Top Five Curb Appeal Tips
In addition to obvious touches like a new coat of paint or fixing cracks in the pavement, updating windows and doors is an ideal first step in boosting a home's image. Whether owners are listing a home for sale, or simply want to increase their home's stature in the neighborhood, JELD-WEN suggests these five tips to increasing curb appeal:
Stay true to style: Upgrades should fit in with a home's architectural style. For example, JELD-WEN says contemporary homes call for windows and doors with clean lines and simple profiles, while traditional homes such as Craftsmans or Colonials are better matched with windows and doors featuring appropriate divided lite designs.
Add details: Custom features are a great way to achieve one-of-a-kind looks that stand out. Adding a doorknocker, speakeasy, decorative glass or metal accents to an upgraded front door can give an Old World home a heightened level of charm to catch a buyer's eye. New house numbers and porch lights also provide a fresh look for entry areas.
Remember the garage: The most prominent exterior feature in many homes is the garage door, so this upgrade goes a long way toward elevating curb appeal. JELD-WEN is seeing many homeowners ordering garage doors complete with window inserts, metal accents and hardware to match the main entry door for a coordinated appearance.
Dress the yard: Make sure the house is the first thing potential buyers see, not overgrown hedges or dead grass. Hire a gardener to spruce up the landscaping and add colorful touches like seasonal flowers, decorative rocks or bubbly water fountains. Shaping bushes and curving lawn borders can shake up a tired front yard.
Coordinate color: Color, when done right, sells. Doors and windows give homeowners ideal opportunities to infuse color into their curb appeal without having to paint.
(ARA) – Real estate may be about location, location, location, but it's also about looks. Curb appeal is taking on a bigger role in today's housing market. With the number of available homes for sale growing each day, buyers can afford to be choosy and consider only houses that show well from the street. That means sellers now have just a few seconds to make a first impression, capture interest and draw buyers inside.
Confirming just how important curb appeal is to hooking new owners, JELD-WEN, a leading window and door manufacturer, discovered in a recent survey of real estate agents that 82 percent have had potential buyers decline to look at the interior of a home based on the exterior appearance.
“In today's competitive market, buyers want upgrades, like windows and doors, that create visual appeal,” says Elizabeth Souders, product marketing manager for JELD-WEN. “A home must present itself favorably in a quick snapshot. The real estate agent survey shows that without strong curb appeal, buyers might not even consider looking inside the home.”
Upgrading curb appeal is proving to be a good investment when selling a home. According to the National Association of Realtors (NAR), window and door projects mostly pay for themselves at closing. Typically, homeowners can expect between an 81 to 88 percent return on window upgrades, the NAR said.
Top Five Curb Appeal Tips
In addition to obvious touches like a new coat of paint or fixing cracks in the pavement, updating windows and doors is an ideal first step in boosting a home's image. Whether owners are listing a home for sale, or simply want to increase their home's stature in the neighborhood, JELD-WEN suggests these five tips to increasing curb appeal:
Stay true to style: Upgrades should fit in with a home's architectural style. For example, JELD-WEN says contemporary homes call for windows and doors with clean lines and simple profiles, while traditional homes such as Craftsmans or Colonials are better matched with windows and doors featuring appropriate divided lite designs.
Add details: Custom features are a great way to achieve one-of-a-kind looks that stand out. Adding a doorknocker, speakeasy, decorative glass or metal accents to an upgraded front door can give an Old World home a heightened level of charm to catch a buyer's eye. New house numbers and porch lights also provide a fresh look for entry areas.
Remember the garage: The most prominent exterior feature in many homes is the garage door, so this upgrade goes a long way toward elevating curb appeal. JELD-WEN is seeing many homeowners ordering garage doors complete with window inserts, metal accents and hardware to match the main entry door for a coordinated appearance.
Dress the yard: Make sure the house is the first thing potential buyers see, not overgrown hedges or dead grass. Hire a gardener to spruce up the landscaping and add colorful touches like seasonal flowers, decorative rocks or bubbly water fountains. Shaping bushes and curving lawn borders can shake up a tired front yard.
Coordinate color: Color, when done right, sells. Doors and windows give homeowners ideal opportunities to infuse color into their curb appeal without having to paint.
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