3 Tips for Pricing Your Home

Is  $199 for an iPod better than paying $200? Not exactly. But retailers have long priced products just below a round number because, psychologically, $199 may feel like more of a deal than $200, even if the difference is only $1. In real estate, the “99” strategy is almost always used. For example, if a seller prices their home at $499K rather than $500K, the $1K they lose will cover some of the buyer’s closing costs, but in the buyer’s mind, they are paying $500K. In most cases, knocking off $1K doesn’t make much of a difference to seller or buyer. Regardless, there is a considerable amount of psychology – and strategy – that goes into figuring out your home’s asking price. Below, find some strategies on pricing your home: Tip #1: Go with the “herd mentality”. Because real estate is a high stakes business, a buyer doesn’t want to be the only one who is interested in buying a particular house. If you price your property on the lower end of the possible value range, you could create more interest among multiple buyers and create a herd mentality! If you’re wanting to sell quickly, this is a great option. Tip #2: Make it easy to find in real estate searches. Most buyers will tell their agents they want a three-bedroom home in a certain neighborhood under $400K. Their agent may set them up with an automated buyer search in their database for properties under this number. If your home is listed at $410K, a potential buyer will miss it. If your list price is higher out of the...

8 Real Estate Secrets

Real estate is a tricky business, and it’s important to understand at least some of the ins and outs before you put your home on the market, or you look for your next new home. This article will give you some secrets behind real estate that will help you with your future ventures. When staging your home, stay away from plug-in air fresheners. While it’s a great idea to have your home smell great, plug-in air fresheners may not be the way to go. Some scents may turn off potential buyers. The fix? Bake a fresh batch of cookies right before a showing. Nobody can resist the smell of freshly baked cookies. Get a last minute call for a viewing of your home? Book the appointment, even if your house is messy. It’s a little-known truth that those that make the last minute decision to come look at your home will also be the type to make a quick decision on buying two. They may just buy your house that day! Don’t be offended by a low-ball offer. If someone makes a low offer and you think there’s no hope for selling your home, think again. You probably have a better chance getting them to buy, than you do of finding someone new. Don’t skip the final walk-through. This is your final chance to make sure repairs were done properly, that owner’s personal items have been removed, and that the items you agreed would stay are still there. Many a homebuyer has seen stoves, washers and dryers, and beautiful chandeliers walk right out the door. Houses without furniture don’t look larger. You may think...

More Tips for Your Big Move

If you’re getting ready to move into your new home in Las Vegas, you may be at a loss as to how best to pack. This article will give you even more tips on packing and moving to make your life a lot easier. You’ll love these tips as they make your moving life much easier! Plan ahead for your medications. This can be a big deal if you run out during your move. Make sure you’ll have enough with you during your move, and transfer your prescriptions to your new pharmacy. Plan for your pets. Make plans far in advance to have a place to keep them during and after your move. You may also want to find a good way to transport them during the move. Purchasing a good carrying case for your pet will make this a lot easier. Plan for your change of address. The person who will be living in your old home won’t want to get your mail for the rest of their lives! And you don’t want to miss the important stuff, either. Be sure to file your change of address with the post office. Plan for a move during the week. You’d be surprised by how much easier it is to move on a weekday vs. the weekend. Services like banks, government offices, utilities, mechanics, and tow-services are open. If you run into any problems, you’ll want access to each of these services. Plan ahead and make a list. you’ll want a list of all bills, mortgages, auto loans, credit card bills and cell phone accounts. It’s important to keep yourself organized when you move. Wouldn’t...

Make Your Move Easier With These Moving Tips

When you’re packing up your whole life to move into a new home, you may feel at a loss for the best way to do it. The good news is, you’re not alone. We have a lot of tips for you that will help you make sure moving is a stress-free as possible. There are a lot of ways to make your household move easier and smoother. Read here for help to get your possessions and your life organized and make for a peaceful and even exciting move!   Start with a list You’ll thank yourself later if you’ve written everything down. Before you pack even one box, start a simple record-keeping system. Create a computer printed list of numbers with space to write the contents of the box. Or, even have a spiral bound notebook for the job, if you’re more old-fashioned. Place a number on every single box you pack, and list the contents on your list – whatever format you choose. When describing what’s in your boxes, be specific – “Glass cups” is better than “misc. kitchen”. You can never have too many supplies You’re going to need LOTS of boxes, and probably a lot more than you think. If you have enough, it will make your life easier! If you buy your boxes from a moving company, and end up with too many at the end, you should be able to return the unused ones for a refund. If you got them free from the grocery store, toss them, or give them to someone else who’s planning a move. Have about 10 boxes set aside...

Tips for First Time Homebuyers

If you’re looking to get out of the renting stage and buy a new home for the first time, you may be eager to get into the market. However, you might be nervous about making a mistake, or what you need to do to get the best home possible. This article will give you some tips on what to do to make sure you’re ready to take the plunge. Check the selling prices of homes in your area. Websites such as Zillow can give you a overall idea of what you should be expecting to pay on a home you’re looking at. You can also talk to a realtor and make sure you have the right price when you’re looking at a home. You may also want to do a quick search of the MLS listings in your area on a number of websites, to cross reference how much you should be paying. Figure out your budget You likely won’t be able to afford the entire payment of a home upfront. If you can, more power to you! That’s impressive. However, if you’re like most people and can’t, you will want to calculate what your potential mortgage payment might be. Use a mortgage calculator, or talk to your realtor to see what your potential rate will be. Figure out the total monthly housing costs Aside from the monthly mortgage payments, you will have many other things that you  must pay for each month when you move into a new house. You need to think about utilities, heating and cooling, internet, television, and any other monthly expenses that may come up....