Real Estate Selling
Hump Day Observation- The Real Thing
May 26th, 2010 categories: Real Estate News, Real Estate Selling
Recently I’ve developed a severe case of “ugh” when it comes reading e-zines.
You know the type of magazine that arrives via an email link, takes forever to open and then requires NASA like skills to navigate and enlarge the pages….so you can actually read something. It’s not that I don’t like electronic toys- my Kindle is easy to use and operate. And I do understand why so many organizations have migrated to e-zines- they’re cost effective and eco-friendly….but sometimes replacing “easy to read” with “something slick” misses the intended target audience.
Technology is a great thing. I would be the first one to say what a time-savers things like “crackerberries”, “netbooks”, portable this and portable that have changed and helped us in business and everyday life.
But sometimes the “cool things” gets in the way.
Lately the exploding real estate trend of using really wide angle lenses for interior photos leads to a lot of buyer griping about – what you see may not be what you get.
Today more and more interior pictures highlighting ginormous rooms. Sellers want their rooms to look spacious- buyers want to see the “real thing”. This leads to a lot of negative comments and disappointment when potential buyers walk through the front door expecting to see a family room large enough to hold 30 people. Instead the room is normal size and the buyers are immediately disappointed with reality. One of my clients suggested a disclaimer may be needed “rooms are much smaller than they appear”.
The availability of affordable digital cameras sporting a variety of lenses has spawned this trend toward use of wide angle photography. A way for one piece of real estate to look better than the competition. However, both sellers and their Realtors need to remember to “keep it real” so the buying public has an accurate picture of the property.
What do you think?
| Discussion: No Comments »
This Week’s Cincinnati Real Estate
May 11th, 2010 categories: Cincinnati Ohio, Mason Ohio, Real Estate Selling, Real Estate Stats, West Chester Ohio
Median prices for Cincinnati homes is holding steady. Time on market (DOM) remain above 200 day for most areas.
Below is the Market Action Reports for 6 zip-codes in the greater Cincinnati area:
45011
45014
45040
45069
45208
45233
This is the short version of the detailed information available for the zip-codes.
Click here to order your report.
Or call or email for details.
| Discussion: 1 Comment »
I Will Buy Your Home!
May 10th, 2010 categories: Cincinnati Ohio, Real Estate News, Real Estate Selling
Bet that got your Cincinnati real estate juices flowing.
You’ve seen the signs plastered on freeway exit ramps and busy intersections around town. People needing to sell think the person on the other end of the phone could be the answer to their problems.
Well you could be right or you could be wrong. I called three of the numbers I spotted last week and explained that I was a Realtor and wanted to check out how “it worked”. 1 guy hung on me, the 2nd never returned my call and the 3rd guy was very pleasant and explained his business model to me. Bottom line for him – to purchase properties for less than market value, fix them up and then sell for a profit. Maximum purchase price was $150,000.
For some – this type of deal would work. However most of today’s sellers are looking to sell at market value. If you decide to sell directly to an investor here are a few things to remember:
- Make sure it’s an actual sale with a closing. The investor buyer pays off mortgage and takes title which is registered with the appropriate county.
- Before you commit- get all the details (purchase contract) and financials in writing.
- If you are in doubt-call attorney.
Still not sure- call or email me for help today.
| Discussion: 1 Comment »
March Madness in the Cincinnati Housing Market
March 30th, 2010 categories: Mason Ohio, Real Estate News, Real Estate Selling, Real Estate Stats
Is March Madness affecting the housing market?
As the teams prepare for next weekend’s match up….buyers have 30 (+) days marching toward the tax credit deadline of April 30th. To qualify for the credit properties must be under contract by April 30th and close by end of June. Prices seem steady with minor ups and downs each week. …and judging by the showing and open activity some people are getting the message to “do something soon”.
Below is the Market Action Reports for 6 zip-codes in the greater Cincinnati area:
45011
45014
45040
45069
45208
45233
This is the short version of the detailed information available for the zip-codes- call or email for detailed reports.
| Discussion: No Comments »
Does a Day Make a Difference in Cincinnati Real Estate?
January 27th, 2010 categories: Cincinnati Ohio, Real Estate Selling, West Chester Ohio
Yes it does?
The story of 2 days in Cincinnati real estate. Sellers- the showing appointment you turned down on Monday- because -well because you didn’t want to make a bed or clean a bathroom. You wanted the agent and buyers to come back on Tuesday because it was more convenient for you.
Well -what a difference day can make in this real estate market. Mr./Mrs/Ms. Seller remember Monday was sunny and flowers are actually starting to sneak above ground looking for spring. Oh and the buyers you turned down went house hunting and wrote a contract on a different home.
On Tuesday, just 1 day later, West Chester, Fairfield, Mason and greater Cincinnati woke up to this- and some buyers backed away from house hunting until the roads were cleared.
Sellers (and buyers) cannot predict the real estate market so it’s important for sellers to always be ready for showings and for buyers to jump when new inventory hits the market.
| Discussion: No Comments »
