Saturday, December 07, 2019 / by Keri McCombs
Congratulations! You've accepted an offer on your home, you've made it through the home inspection negotiations, and you're close to the finish line! At this point, you're probably starting to feel the emotions of moving... leaving a place you've called home for so long... and you're probably feeling the mounting stress of packing, moving, or dealing with all of the emotional roller coaster that comes with selling a home.
All of this is totally normal! But it can also have you forget the final steps you should take to make sure the home sale goes off without a hitch. Check out the following give steps you don't want to forget about before your home sale is officially all said and done.
Step #1: Don't Forget To Leave Behind The Important Stuff
When you close on your home, you know you need to leave any extra keys, garage door openers, all of the included appliances, things like that. But you also want to make sure you leave any of the extras: any access cards, mailb ...
Saturday, December 07, 2019 / by Keri McCombs
It's time for your weekly real estate market update about the housing market in Spokane, WA! This week, not a whole lot has changed, as far as months of available inventory, which probably isn't surprising to you. We're still sitting at 1.3 months of available inventory. If you've been checking out my market update blogs each week, you'll see that it's pretty much been the same over the last long while. As usual, I'm going to give you some specifics of this particular market and what benefits and challenges it provides for you - you can check this out lower in the article. But first, I'm going to share with you what months of available inventory means, in case anyone reading this hasn't read any of my previous market update blogs.
Here is a thorough explanation of what months of available inventory means. In a balanced market, which is a market where neither buyers nor sellers have an advantage, Spokane's market w ...
Friday, December 06, 2019 / by Sara Koenig
Did you know that not all home renovations increase your property value?
Yep, that’s right! Some renovations can even hurt your property value. So whether you’re looking to make improvements to reflect the latest design trend or you just want to makeover a space to make it more functional for your current lifestyle, you’ll want to make sure the changes aren’t going to hurt your property’s resale value.
There are certain upgrades homeowners invest in, assuming it will increase the value of their home, when in reality it does the exact opposite. Can you imagine spending all of this money to renovate a space in your home only to realize that not only is there little return on investment but that it could actually hurt the value of your home? If any of these are on your home project “to-do” list, you might want to reconsider whether you’re thinking of selling or just looking to update your home.
For starters, believe it or not, there is ...
Friday, December 06, 2019 / by Jo Skipper
How Long Will it Take To Sell This Home???
Seller's that want to get their homes sold as quickly as possible in today’s market. If time is of the essence you will need to price your home competitively, work with a knowledgable Realtor, make necessary renovations, and survive the showings!
Key factors that will impact your home sale timeline include the time of year you list, housing market conditions, and updates or marketability of your home.
Sometimes there is no rhyme or reason for the time it takes to sell a house. Hey, it’s real estate and everyone’s situation is different. Luck could play a part as much as anything else. There are a few things that will help more than luck, such as:
Price Point - Some agents will price the house a little under market value to entice multiple offers which can push the price higher. Other people want to list higher than market value to see what will happen. ...
Friday, December 06, 2019 / by Pamela Glende
Many factors go into what a home is worth.
When running comps on homes we look at other similar homes that have sold recently. We focus on the neighborhood where the home is. We find homes similar in size, age, condition, bedrooms and bathrooms. We pay attention to whether the homes have been remodeled or updated. Have there been any improvements? We look at pending home sales and active listings. We pay attention to how many days they were on the market.
It’s imperative that we price your home at true market value. If we over price the home, it will sit on the market and that leads to price drops and home buyers feeling like there is something wrong with the home. They question why hasn’t it sold? These overpriced homes often net the seller less than market value in the end, costing the seller thousands.
A home that is priced correctly in the Spokane Real Estate Market will often net the seller more than market value because we are in a seller’s ...