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Posted by Red Door Realty on 5/13/2019

If you intend to list your house in the weeks or months to come, it usually pays to assess real estate market data. In fact, there are many reasons why you should conduct housing market data analysis, and these include:

1. You can learn about the ins and outs of the real estate market.

Let's face it – navigating the home selling process can be difficult, regardless of whether you've sold houses in the past or plan to list a home for the first time. Fortunately, housing market data can help you better understand the real estate sector, increasing the likelihood that you'll make informed decisions at each stage of the home selling journey.

Remember, evaluating the prices of available houses in your area, finding out how long these residences have been listed and reviewing other pertinent housing market data can make a world of difference. If you use this information to understand the current state of the real estate market, you can boost your chances of enjoying a fast, profitable home selling experience.

2. You can determine a competitive price for your house.

What you originally paid for your house is unlikely to match your home's current value. Luckily, you can analyze real estate market data to find out how your house stacks up against the competition and price your residence appropriately.

Look at the prices of local residences that are similar to your own – you'll be glad you did. If you study this pricing data closely, you can narrow the price range for your house. Then, you can establish a competitive initial asking price for your house.

3. You can reduce the risk of encountering home selling pitfalls.

Want to avoid setting an initial home asking price that is too high or too low? Or, do you want to ensure that your house is buyer-ready from the moment that you add it to the real estate market? If you evaluate housing market data, you can obtain the insights that you need to avoid potential problems during the home selling journey.

Lastly, if you need extra help as you prepare to sell your house, you may want to hire a real estate agent. This housing market professional can provide you with a wealth of real estate market data and offer expert home selling recommendations. That way, you can optimize the value of all of the housing market data at your disposal.

Let's not forget about the comprehensive assistance that a real estate agent offers as the home selling journey progresses, either. A real estate agent will help you list your house, promote it to the right groups of buyers and negotiate with a buyer's agent on your behalf. And if you ever have home selling concerns or questions, a real estate agent will gladly respond to them.

Take a data-driven approach to selling your house – perform real estate market data analysis, and you can gain the home selling insights that you need to succeed.





Posted by Red Door Realty on 4/22/2019

Investing in a property is a massive step for anyone. This property will be of great benefits as it can serve a business place or where you will live with your loved ones. Regardless of your reason for buying a property, it has to be smart and careful. Also, some experts can help you look for a suitable property. Before you move into a new apartment, the first thing to do is to look for a reliable estate agent. They are responsible for getting you your dream house. When the real estate agents have done their job, the next step is to look for banks that are willing to give you the needed loan to buy your property.

However, it is always advisable to look for professional pest inspection services before you decide to buy a new house because it ensures that your hard-earned money will go to a home that is of high-quality. Apart from that, you will be sure of the establishment you are looking for. However, there are some cases where building and pest inspection services fail to achieve its purpose because of specific mistakes. Learn about some mistakes to avoid during building and pest inspection. Here are some of the critical missteps to should avoid during construction and pest inspection:

Deciding on a property by the looks 

This is one of the mistakes people make while inspecting a building. They tend to judge the book by its cover. A lot of people decide on the property by merely looking at the exterior. They base their decision on the look. Judging a home based on its outward appearance is a mistake that you should avoid because you don’t know how the property looks inside. 

Also, you may not be able to carry out adequate pest inspection from outside. You need to get into the building and inspect essential parts of the building. It looks good does not mean it is good. A home inspector will confirm the actual status of the building so that if there are issues, you can factor that into your decision.

Pleasure over safety 

Another mistake people make when carrying out building, and pest inspection on a property is to underestimate the importance of safety. Your safety should be your priority when inspecting a house. 

 The essence of examining a property before making a decision is to make sure that the property is safe to live in by checking whether the house is in excellent condition and free from pest infestation.

Hire a reputable home inspector to check your property before making up your mind.




Categories: Real estate   Inspections   pests  


Posted by Red Door Realty on 6/25/2018

When you put your home on the market, it would be nice if you could just put a “For Sale” sign out front, then the home would magically sell. Unfortunately, that’s not how it works. Most home searches begin online today. Then, buyers move to open houses and private home showings. Whether you live in a condo, townhouse, or a single family house, there’s ways that you can increase the amount of traffic to your home showing. The more people that see the property in person, the more likely someone is to buy it! You’ll need to work with your realtor to effectively market your home and make it easily available for home showings.



Don’t Require That Your Agent Be The Only One Who Shows The Home


The MLS is where properties for sale are listed and how realtors help their clients find homes. The listing should state that you have a lockbox available to allow other realtors to get into the home with a client. They will call first in order to set up an appointment for a showing. Also, don’t be restrictive for your showing times. Of course, your home won’t be available 24 hours a day, but you need to be flexible. Work with your realtor to set appropriate times for potential buyers to do walkthroughs. 


Outside The Box Marketing Strategies


Aside from simply listing the home and posting it on social media, try other marketing methods. Maybe you can do some direct mailing to the neighborhood in order to announce that the home is for sale and showings are available. You can also put ads for the home showing in the local newspaper, on Craigslist and on Facebook message boards.   


Don’t Forget The Buyer’s Agent Commission


Most likely, your listing agreement states that the buyer’s agent and the seller's agent are splitting the commission on your home 50/50. You can raise the amount of the commission and give the buyer’s agent a higher percentage to make the home more attractive to both realtors and buyers. Realtors are more likely to want to show the home, if they have a little extra incentive to bring clients to your home for sale. The money you get from the sale of your home is yours, so use a little of it to get your home sold faster, possibly for a better price.  


Organize A Neighborhood Open House


If there are a few other homes in the neighborhood for sale, ask your realtor to try and coordinate with other agents to hold all of the open houses during the same hours on the same day. Real estate agents tend to love to work together because it gives mutual benefits to both parties. This strategy will attract a larger crowd because people who attend one open house will drive by with curiosity, or notice how close the open house listings are together and plan to visit all of the showings during that day.


If you plan your home showings right alongside your realtor, you should have your home sold in a timely manner to the right buyer for a great price.







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