Princeton Real Estate

Beatrice Bloom, Princeton Real Estate Agent

Seller Tips

BE INSECT FREE WHEN SHOWING YOUR HOME

termites in woodPrinceton Town Topics – Let’s Talk Real Estate – June 26, 2013

BE INSECT FREE WHEN SHOWING YOUR HOME

 

It’s amazing how much psychological power a tiny insect has over the sale of a home. No matter how beautifully a home is staged, if a little creature is marching across the kitchen counter during a showing, it could create a lasting negative impression on prospective buyers that will ultimately affect the sale. Even if these insects aren’t the type to physically damage the house, their presence may reduce the chances to sell at top dollar.

 

While most insects in the home are harmless, it’s important to have your home inspected for the more serious wood-boring kind before you open your home to buyers. Termites and carpenter ants can cause serious damage to the underlying structure and you will need to disclose their presence to the buyer, so paying a professional exterminator to have them eradicated would be money well spent.

 

First impressions are so important and you want buyers to be able to fully appreciate your home at its best, so be sure it’s insect free before you list.

 

WHEN THE NEST IS EMPTY

Empty NestPrinceton Town Topics – Let’s Talk Real Estate – June 29, 2013

WHEN THE NEST IS EMPTY

 

The day has come when your last child has flown the coop. Suddenly, your 4 bedroom home feels cavernous and the thought of cleaning all that space and maintaining the yard just seems too much. Could it be time for a change?

 

If you are thinking about moving to a home that better reflects your new life, you are not alone. 77 million Americans, born between 1946 and 1964 are going through a similar change and are redefining how they want to live.

 

If you are considering moving to a smaller home with less maintenance requirements, your timing is perfect. According to the National Association of Realtors, their latest Housing Affordability Index rose to an all time high of 205.9. That means that an    average family can afford a home worth 205.9% more than the median home price.

 

With low interest rates and record high affordability, you can move to a luxurious, maintenance-free home that is full of all the amenities that will support your new lifestyle.

 

COMPETITIVE PRICING

Strategic PricingPrinceton Town Topics – Let’s Talk… Real Estate – May 29, 2013

COMPETITIVE PRICING

 

Asking the right price for your home from the beginning is one of the most important marketing strategies for getting your home sold on time and for the most money.

 

The “recipe” for establishing the right selling price requires three important ingredients: an in-depth understanding of the local real estate market, the value of comparative homes in the area, and good old-fashioned intuition.  While it’s important to make your home as attractive as possible by cleaning and upgrading it to meet your target buyer’s expectations, in reality, potential buyers look at the price first, before they see your home in person. If you price it too high, you could lose legitimate buyers.

 

Homes that are priced fairly appeal to more qualified buyers who have the means to make a viable offer.  A fair list price will encourage offers that are closer to the asking price, and can even initiate multiple offers.

So before you list, talk to your REALTOR® about how to competitively price your home.

 

SELLING YOUR HOME YOURSELF- DO YOU REALLY SAVE?

fsboPrinceton Town Topics – Let’s Talk Real Estate – May 15, 2013

SELLING YOUR HOME YOURSELF- DO YOU REALLY SAVE?

 

If you are thinking of selling your own home in order to save on commissions, take a minute to consider how much you will actually save.

 

Selling a home is a complicated, time-consuming process that a professional REALTOR® deals with every day. A REALTOR® can help you prepare and price your home competitively and uses the most effective methods for marketing your home. They also work with a network of other agents to connect your home with the right buyer. Your REALTOR® will screen potential buyers to find those who are financially qualified and able to go through with the sale. REALTORs® are experienced negotiators. They know how to get the best deal in the least amount of time. Best of all, they know how to effectively handle the mountains of legal paperwork and myriads of time-sensitive details that come with a real estate sales transaction.

 

When you work with a professional REALTOR® you can save time and money, and enjoy peace of mind.

 

WHAT IS INCLUDED IN THE SALE?

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Princeton Town Topics – Let’s Talk Real Estate – May 1, 2013

WHAT IS INCLUDED IN THE SALE?

How do you know if your favorite chandelier or the bookshelf you built for your kids will be included in the sale of your home? Usually if a feature is attached to the house, it will go to the buyer.

In most cases, the critical test is whether the item is permanently fastened to the property by nails, bolts, glue or other permanent attachment.  If attached, it is considered a fixture that has been converted into real property. For example, a wine cellar installed after the house was built will convey, but the portable wine rack in the kitchen will not.  If there is nothing specific in the sales contract about a fixture, it is automatically included in the sale.  To avoid misunderstandings that could lead to litigation, replace your prized chandelier with an inexpensive substitute before the house is put on the market.

A buyer can ask that certain features remain with the home.  So it’s important to specify what fixtures are included in the sales contract.

10 STEPS TO GETTING A BIDDING WAR

Bidding-War

 

 

 

 

Princeton Town Topics – Let’s Talk Real Estate – March 20, 2013

10 STEPS TO GETTING A BIDDING WAR

  1. Pick an experienced listing agent
  2. Stage the home and landscaping for best first impression
  3. Perform a pre-listing inspection to avoid surprises
  4. Schedule professional photography and floor plan
  5. Launch in internet and all relevant MLS
  6. Plan open house dates
  7. Price according to market absorption rate
  8. Use lockbox to let buyers in at their convenience
  9. Get multiple offers
  10.  Negotiate the best terms
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