8 Reasons Why You Should Work With a REALTOR®

Not all real estate practitioners are REALTORS®. The term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics. Here’s why it pays to work with a REALTOR®.

  1. Navigate a complicated process. Buying or selling a home usually requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multipage settlement statements. A knowledgeable expert will help you prepare the best deal, and avoid delays or costly mistakes.
  2. Information and opinions. REALTORS® can provide local community information on utilities, zoning, schools, and more. They’ll also be able to provide objective information about each property. A professional will be able to help you answer these two important questions: Will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
  3. Help finding the best property out there. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your REALTOR® to find all available properties.
  4. Negotiating skills. There are many negotiating factors, including but not limited to price, financing, terms, date of possession, and inclusion or exclusion of repairs, furnishings, or equipment. In addition, the purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
  5. Property marketing power. Real estate doesn’t sell due to advertising alone. In fact, a large share of real estate sales comes as the result of a practitioner’s contacts through previous clients, referrals, friends, and family. When a property is marketed with the help of a REALTOR®, you do not have to allow strangers into your home. Your REALTOR® will generally prescreen and accompany qualified prospects through your property.
  6. Someone who speaks the language. If you don’t know a CMA from a PUD, you can understand why it’s important to work with a professional who is immersed in the industry and knows the real estate language.
  7. Experience. Most people buy and sell only a few homes in a lifetime, usually with quite a few years in between each purchase. Even if you have done it before, laws and regulations change. REALTORS®, on the other hand, handle hundreds of real estate transactions over the course of their career. Having an expert on your side is critical.
  8. Objective voice. A home often symbolizes family, rest, and security — it’s not just four walls and a roof. Because of this, homebuying and selling can be an emotional undertaking. And for most people, a home is the biggest purchase they’ll every make. Having a concerned, but objective, third party helps you stay focused on both the emotional and financial issues most important to you.

 

http://realtormag.realtor.org/sales-and-marketing/handouts-for-customers/for-sellers/8-reasons-why-you-should-work-realtor 

 

Posted in Real Estate News | Tagged , , , , , , | Comments Off on 8 Reasons Why You Should Work With a REALTOR®

Distinctive Properties Weekly Real Estate Statistics for 8-4-2014

SKMBT_C45214080412380

Posted in Real Estate News | Tagged , , , , , , , , | Comments Off on Distinctive Properties Weekly Real Estate Statistics for 8-4-2014

Excitement at Tri-Cities Water Follies

Frost Me Sweet Truck Head-to-Head-to Head Racing Miss DiJulio Graham Trucking, Inc. & Jones Racing Jones Racing 2014 Hydroplane Pits Ellstrom Racing Kip Brown Driving Qatar Over The River Air Show Over The River Air Show

Posted in Real Estate News | Tagged , , , , , , | Comments Off on Excitement at Tri-Cities Water Follies

From an Architect: 6 Affordable Ways to Make Your Listings More Attractive

By David Applebaum

In this market, selling a house can be more challenging than ever. As a real estate professional, I’m sure you have used many ideas to help make your property look its most attractive to potential buyers. As an architect for two decades, I have suggestions and tips to maximize your potential in selling the home.

Photo Courtesy David Applebaum

Every house and every property is different, and I recognize that a “walk through” can inspire specific ideas for each property. But here are some universal suggestions that will make any house look more appealing for sale.

1.    Clean everything. Eliminate damaged and soiled items, get rid of half of the furniture and rearrange the other half, and remove any personal items. It is important to give the buyers the ability to see themselves in the property.

2.    Accent lighting. This can help make the home more attractive and accentuate the positives by highlighting the homes attributes and diminish the negatives of any setting. The key is to realize that you are playing with contrasts.

Some other lighting tips:

  • A light along fabulous furnishings, an architectural element, or detail will show that element off.
  • A light behind an object will frame the object in darkness and bathe what is behind it in a wash of light.
  • Use highlight and contrast to make a room feel longer, higher, or warmer.
  • Photo Courtesy of David Applebaum

    Keep the elements that you do not want seen in darker settings, and the ones you want highlighted in light.

  • Set the mood with accent lighting and candles to provide warmth and drama that will set your property apart from all others.
  • Accent lighting is the easiest and most effective enhancement.

3.    Paint. This is perhaps the most common enhancement that is done to a property. Because a buyer might have their own ideas about colors, I usually do not recommend a full paint job unless the property needs it. Sometimes, a fresh coat of paint is only required in a few areas to refresh a house. I have found that the front door is a good place for new paint, as it is the first part of the house to be touched by a potential buyer.

4.    Don’t go overboard with fancy flooring. There was a time that new berber carpeting and travertine meant that the FOR SALE sign would be installed the next week. None of the buyers that I shopped with planned to keep any of those inexpensive additions. People were buying houses, not because of the new carpet and new stone, but because the market was hot. Many of my clients would have preferred to restore older tile work, choose the color and quality of carpets, and completely renovate the kitchen. None of them liked having to pay for improvements that would be replaced. The floors and surfaces should be clean and attractive, but unless there is damage, I suggest lovely area rugs that your client can take with them.

5.    Replace the hardware in the kitchen and baths. It’s a fairly inexpensive way to refresh your property. If the cabinets are in decent shape, new knobs can update a room easily. These are little details that can make a huge impact on a potential buyer. If the front door knob is in disrepair, it will be hard to get a buyer’s confidence back.

6.    Spruce up the exterior. Follow the same advice as the interior and apply it to the exterior. Make sure that everything is clean and edit the furnishings. New cushions for the outdoor furniture can immediately make the yard look more comfortable. You might need to replace the light fixtures, since the elements are usually not very kind to exterior accessories. Consider a few nice plants in lovely pots and a wind chime to heighten the outside living experience.

I hope that these suggestions will help you provide inexpensive and effective ways to help you present your client’s properties in the best way.

Posted in Real Estate News | Tagged , , , , , , , , | Comments Off on From an Architect: 6 Affordable Ways to Make Your Listings More Attractive

Distinctive Properties Weekly Real Estate Statistics for 7-28-2014

SKMBT_C45214072812550

Posted in Real Estate News | Tagged , , , , , , , , | Comments Off on Distinctive Properties Weekly Real Estate Statistics for 7-28-2014

Distinctive Properties Summer 2014 Newsletter

Summer 2014 Newsletter

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , | Comments Off on Distinctive Properties Summer 2014 Newsletter

Distinctive Properties Weekly Real Estate Statistics for 7-21-14

SKMBT_C45214072114330

Posted in Real Estate News | Tagged , , | Comments Off on Distinctive Properties Weekly Real Estate Statistics for 7-21-14

Tri-Cities Water Follies Rundown …….

The annual Tri-Cities Water Follies unlimited hydroplane racing weekend is July 25-27 on the Columbia River.

The week kicks off with the Miss Tri-Cities pageant July 19 at Kennewick High School.

The annual Allied Arts Sidewalk Show is July 25-26 at Howard Amon Park in Richland.

Something new this year to the Water Follies is the Air National Guard Mobile Experience offering a peak into the military life for civilians.  The experience gives civilians an opportunity to participate in simulated challenges that replicate real-life experiences of Air Guard men and women.  The mobile training center will be at the east end of Columbia Park July 25-27.

The HAPO Over the River Air Show will entertain all between the hydroplane heats.

Come join in on all the fun!  Don’t forget the sunscreen and lots of water!

 

Posted in Real Estate News | Tagged , , , , , | Comments Off on Tri-Cities Water Follies Rundown …….

How Old Are America’s 132 Million Homes Now?

Posted in Realtormag.Realtor.Org / Source:  The U.S. Census Bureau’s 2011 Housing Profile, published July 2013

Homes that are 0-14 years old / 18 million (14%) were built in 2000 or later.

Homes that are 15-54 years old / 33 million (25%) were built from 1980 to 1999, and 40 million (30%) were built from 1960 to 1979.

Homes that are 55-95+ years old / 11 million (8%) were built from 1920 to 1939, and 9 million (7%) were built in 1919 or earlier.

 

 

 

 

 

 

Posted in Real Estate News | Tagged , | Comments Off on How Old Are America’s 132 Million Homes Now?