Big Spring School District Single Family Home Priced for Quick Sale

November 2, 2012

www.century21rs.com

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Beautiful home priced to sell. Very Motivated Sellers have priced this home lower than the market in order to get a quick sale.

Click for more detail and to set up a private showing.

Cal Williams

Realtor

Century 21 Realty Services

717-919-1614


National Trend Toward Smaller Homes

September 8, 2011
  • Tiny Houses: Would You Live in Less Than 140 Square Feet?

    When Jay Shafer first started building the little houses that would evolve into his Tumbleweed Tiny House Company, he didn’t know that he would be at the forefront of a national trend toward small homes. He simply wanted to have less impact on the environment, and to “do away with unwanted space.” Read

Visit houselogic.com for more articles like this.

Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®


3 Real Estate Myths Debunked

June 13, 2010

Common REAL ESTATE MYTHS

MYTH #1 If I use a Realtor to help me find a home, I will have to pay more.
FALSE. As a buyer, a Realtor will save you time and money. Hiring a Realtor when you begin the process of searching for your new home is the best way to be sure you will get the most accurate information on the current market. Getting the most accurate information will help you avoid over paying for a home as well as saving you countless hours contemplating homes that are not even on the market anymore. Many websites are not up to date with the current inventory of homes, but your Realtor is!.
( for more information see my blog post.. With the Internet, why do I need a Realtor? )
And no where else can you get professional representation and not pay for it..That is right, the sellers of the property pay the commission to YOUR buyers agent.
I repeat, you get the benefit of a trained Real Estate Professional ,a Realtor, to help you search for homes, line up financing, tour properties, study market conditions, perform market research and THE SELLER PAYS FOR IT.!!


MYTH #2 If I list my house with a Realtor, I will not make as much as if I do it myself.
VERY FALSE. Many people want to sell their homes on their own and “save money”.  If saving money is your goal, cut back on your expenses and find a cheap hobby like bird watching. IF you want to make money, hire a Realtor to analyze, list and market your home.
Some people may have the time, money and knowledge ( and patience ) to list and sell their own home. But most do not. The typical scenario goes like this:
A homeowner wants to save the 6-7% commission he would pay a Realtor and do it himself.  Most homeowners are not objective about the real value of their home and naturally think its worth more than it really is. The market dictates the price point for the home, unfortunately, not the amount of  blood, sweat and tears the homeowner has into it. So they over price the home and it sits on the market as other properly priced homes sell around it. Then after months of interrupted dinners with people wanting to see the home, and tons of calls and questions about the home they get someone who says : I LOVE IT, I WANT IT ! Unfortunately, this person has no money and no credit…they are not pre -approved and could not buy the home at any price. All this is found out about 3 weeks after the homeowner stops running ads and has stopped trying to sell his house thinking it was sold….Back to square one and he has 5 months wasted..I could go on…HIRE A Realtor at the beginning, get it priced right, get the proper information,get it marketed right,  show the home only to qualified buyers and get it sold.


MYTH #3 Bank Foreclosures are the best way to get a property below market value.
FALSE AGAIN Many people assume that because its a bank foreclosure, it’s gotta be a steal. Not true. Bank foreclosures are sometimes very hard to get to settlement. Dealing with the bank and getting clear title can take more time than some buyers can afford. Additionally, just because the property was foreclosed on and is now up for sale, does not mean that is priced under market value. It could just as easily be priced over market value because the bank is owed way more than its worth. The person who determined the price may know nothing about the local market.
The best way to get the most accurate real estate information is to talk to a professional Realtor…..Most Realtors will be happy to answer your questions without any obligation.
Cal Williams
Realtor
Accredited Buyer Representative

http://www.CalWilliams.com

Home Improvements : Best Bang for your Buck is……….?

February 26, 2010

Welcome to 2010. The Vancouver Olympics are in full swing, the economy has shown signs of life and the average American still can’t get a loan to buy a home!

The factors contributing to our current economic  ‘situation’  have produced a climate where….LENDERS WONT LEND MONEY!

As we all know, the Real Estate Market is a huge part of our national economy. Until the credit crunch loosens and banks begin to lend money, the Real Estate Market will remain tight and it will remain a BUYERS MARKET. But,it’s a buyers market only in the sense that SELLERS are not getting the prices they were getting a few years ago and there are not enough qualified BUYERS to put upward pressure on home prices.

What can SELLER’S do to combat these evil forces? What can home sellers do to get the 20% appreciation they are entitled to? 

Well there are some things homeowners can do  to increase the value of their home and help them to get a fair price on their home when it is time to sell. Firstly, the days of 20% appreciation are gone, so we might as well get used to that now.  Despite the gloom and doom seen all over the news, there still are many qualified buyers searching for a home. Not all buyers are looking for distressed and bank owned properties.

With a few simple home improvements, sellers can as least know they are putting their best foot forward when getting their home on the market. ( I’ll just mention here that every homeowner owes it to themselves to consult with a Realtor before putting their property on the market…See my other blogs….and its financially prudent.)

What improvements bring the most value for resale? Typically, bathrooms and kitchens are the most secure in getting your investment back out when you sell. These items are also the most prominent for new homebuyers and can increase your sale price as well as set you apart from other homes. Finished basements are also popular but do not raise the market value of the home much.

But what about exterior improvements?

A December report released by The National Realtors Association shines the light on this very subject.

The article state “the smartest home improvement investments may also be some of the least expensive. Results from the 2009 Remodeling Cost vs. Value Report show that small-scale exterior projects are the most profitable at resale, according to estimates by Realtors® who completed a recent survey.”

Exterior Remodeling Proves Best Bang for Your Buck, Realtors® Report

In todays Real Estate market, Sellers need to keep on top of the trends and what buyers are looking for. The competition can be fierce, many sellers trying to attract fewer buyers….supply and demand..ecomonics 101..thanks Professor Bellinger…Dickinson College.

– Cal Williams

www.CalWilliams.com


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