Thursday, June 29, 2017

LASH COMMENTARIES: Home For Sale Battle Creek MI

LASH COMMENTARIES: Home For Sale Battle Creek MI: Ranch Home For Sale Call 269-953-4291 Beautiful Ranch with 12.5 Acres perfect for a hobby farm. This property comes with several out buildi...

What is the Value of Anything!!!!!!!

Well as you may all know. I am now a Realtor and I also rehab houses. It is amazing to me how everyone's perception of value varies based on personal taste more than actual facts.

In the Real Estate world there are a variety of factors that come into play when dealing with a buyer and a seller. Now the seller almost always perceives their property as far more valuable than the buyer does. This may cause a seller to stigmatize their property, by overpricing for the current market and losing their best potential buyers up front. Their massive price drops and length of listing raises red flags to future buyers. Then the big question, "Why has the property been listed so long and what is wrong with it?" The answer is nothing. The owners were to blinded by their perception of value, that they end up bargaining at a much lower price than necessary. So listen to your Realtor when they say you should list a little lower for the current market. Remember they get paid commission and they want the best price possible for you.

Buyers on the other hand want a deal. Offering an amount way below listing can be offensive and start a very ugly negotiation. If the house is solid and all the major things are maintained. Don't worry about a few updates if the place is clean. Buy it and upgrade, because when you decide to sell, nobody is going to like your old tile or cabinets either. If someone has lived there for 30 years that should say it all. No one stays somewhere for 30 years unless they really liked the home.

Listen it is hard to update for today's market. Some like modern, some like retro, some like that old house with creaky doors and all. We live in a diverse world of people and houses. Value is in the heart of the buyer. A house either feels like home or it doesn't. No one really sells a house, it sells itself..

So sellers face the hard cold facts up front when listing. Declutter, Clean, upgrade if you can. Kitchens and Baths. Paint and floroing or price adjust for upgrades. Get a Brokers price opinion or appraisal for sale. Then you have facts the buyer can review. It may save you thousands in negotiation,

Buyers do your homework. Get a Realtor who will work with you. Make sure you are preapproved for a loan before you shop for a house. You don't go grocery shopping with no money. Everyone's time is valuable. So before you ask a Realtor to show you a property, get your funding in order. Make sure you really know the value of a property you want. Be realistic when making an offer.

Rehabbers stay true to the original design of the house. Bring back the remarkable details and add a modern twist for the new owner. Buyers appreciate the original design and detail. They do want modern kitchens and bathrooms that compliment the rest of the house.

Remember true value is in the heart. So the house will sell itself to the buyer.

Saturday, June 3, 2017

LASH COMMENTARIES: Home For Sale Battle Creek MI

LASH COMMENTARIES: Home For Sale Battle Creek MI: Ranch Home For Sale Call 269-953-4291 Beautiful Ranch with 12.5 Acres perfect for a hobby farm. This property comes with several out buildi...

Home For Sale Battle Creek MI

Ranch Home For Sale Call 269-953-4291Beautiful Ranch with 12.5 Acres perfect for a hobby farm. This property comes with several out buildings, including a pole barn with wood burner and Barn for stables.. Two paddocks with electric available for arena lighting. Garden area for fresh vegetables and breathtaking views from the back deck. This home offers a Master bedroom with master bath, two more bedrooms, newly remodeled main floor bathroom, vaulted ceilings on the main floor complete with fireplace. Walkout basement with entertainment area, dry bar, fireplace, laundry area, half bath, entry to two stall garage and walkout to private hot tub and back yard to the swimming pool. Sit back and relax in your new sanctuary. Call Laurie at 269-953-4291 At Home Real Estate 107 E State Street, Hastings, MI 49058