| Ohio Real Estate Blog |
Tuesday, 20 March 2012
Homeowners who are preparing to sell realize there's quite a bit of competition out there. While presenting your home in model condition is one of the best ways to win the attention of potential buyers, be careful to avoid the pitfalls of improvements that may not produce the great offers you are seeking.
First and foremost, do not try to out-do the other homes on the block. Yes, you want your home to stand out, but not so far out that your asking price will have to be significantly higher than those of the homes around you. You'll price yourself out of your own neighborhood while waiting and waiting for an offer.
Second, "if it ain't broke, don't fix it!" Don't waste your time and money on improvements that may not pay off. You can't know for sure if buyers will respond positively to your idea of improvement. Why put in $3,000 worth of improvements that may not be to the buyer's taste. Just stick to the basics.
Speaking of basics, the most important rule to follow is that of regular upkeep on your home. Keep your gutters cleared, apply fresh paint to the exterior, and make sure your yard is neat. Buyers have plenty of imagination, and if you just present them with a clean and functional canvas, they'll easily envision the home of their dreams.
Friday, 16 March 2012
Do you want to add to the appeal of your home when selling? Aside from basic mechanical or cosmetic repairs your home may need before you get it on the market, there's one other easy and inexpensive way to make buyers feel good about purchasing your home. It's called a "home warranty, and for years it's been a popular marketing tool, especially for older homes.
We all understand that appliances and home systems like heating and air eventually wear out and break down with age. By offering a home warranty to the buyers, they are actually receiving peace of mind, since the warranty will cover most repairs to appliances and other systems for the first year of new ownership.
You also increase the likelihood of a great offer, since buyers won't try to subtract the cost of expected repairs. They'll know they are covered by the home warranty if anything should go wrong. To file a claim, the buyers call a single toll-free number to arrange repairs for any item covered in the policy. Home warranties are so practical that buyers often continue their coverage past the first year.
When selling your home, ask your agent about the different home warranty plans available. You'll find that this minimal investment could pay off handsomely in a great offer from confident buyers.
Wednesday, 07 March 2012
When buyers become scarce, sellers have to step up and make their offering stand out to attract attention. Without spending a fortune, sellers can easily highlight several of their home's features.
First, beat buyers to the punch with a home inspection. By discovering and fixing problems before buyers ever see the house, you can impress them with a worry-free, move-in-now opportunity. Leave your repair receipts out during showings, so that buyers can see all the improvements you've made just for them!
Once the mechanical and structural features of your home have been addressed, move on to the aesthetic details. First impressions count, so make sure your home is inviting from the curb. Spiff up landscaping, paint, entries, and windows.
Inside, pay attention to bath and kitchen details, because those rooms are often most important when buyers are making a decision. Aside from deep cleaning, consider updating bath and kitchen fixtures.
Finally, get a jump on your moving by organizing your closets and ditching or packing all you possibly can. If you haven't worn it in several years donate it to a charity or place it in a consignment shop. If it's out of season, pack it away. A good guideline is to reduce your closets to half-full, so that the buyers can easily picture the space for their own storage needs.
A few "pre-emptive strikes" should be all you need to attract buyers and offers, so ask your agent for tips today
Sunday, 04 March 2012
Real Estate for sale in Piqua area
Homes for sale in Piqua, Ohio
1109 Broadway, Piqua, 2 bed, 1 bath, $59,900
1349 Maplecrest, Troy, 3 bed, 2 bath, $107,900
609 Beverly, Piqua, 3 bed, 1 bath, $78,500
1705 Parkway, Piqua, 3 bed, 2 bath, $116,900
407 Lincoln, Piqua, 4 bed, 1 bath, $43,000
1115 Lincoln, Piqua, 2 bed, 1 bath, $65,000
10 Osprey, Piqua, 4 bed, 2.5 bath, $199,900
4777 Orbison, Troy, 3 bed, 1 bath, $54,000
110 Janet, Piqua, 4 bed, 1.5 bath, $99,900
2405 Waterford, Troy, 4 bed, 2 bath, $84,000
301 King, Sidney, 3 bed, 1 bath, $65,000
For more information on these homes or any homes in Miami or Shelby counties, contact Kathy Henne at 937-778-3961 or Kathy@KathyHenneTeam.com
Sunday, 04 March 2012
Recent Piqua Real Estate Sales
The local Multiple Listing Service lists these Piqua area homes as sold with real estate agents.
1023 Covington, Piqua, list price $49,900, sale price $42,500, 126 days on market
415 Park, Piqua, original list price $67,500, list price at sale $55,900, sale price $54,000, 184 days on market
515 Boone, Piqua, list price $75,900, sale price $74,300, 253 days on market
1820 Britton, Piqua, list price $125,000, sale price $117,500, 40 days on market
705 Boone, Piqua, list price $35,000, sale price 35,600, 10 days on market
435 S Wayne, Piqua, list price $59,900, sale price $49,000, 1475 days on market
1606 Washington, Piqua, original list price $86,900, list price at sale $82,000, sale price $73,000, 169 days on market
1328 Stratford, Piqua, original list price $169,000, list price at sale $145,000, sale price $125,000, 190 days on market
814 Caldwell, Piqua, list price $91,500, sale price $91,500, 4 days on market
6060 Washington, Piqua, list price $35,000, sale price $29,000, 55 days on market
1012 Colleen, Piqua, list price $164,900, sale price $164,900, 99 days on market
1136 Covington, Piqua, original list price $99,500, list price at sale $89,900, sale price $82,400, 58 days on market
108 Blackwell, Piqua, list price $199,900, sale price $195,000, 857 days on market
411 Franklin, Piqua, list price $72,000, sale price $72,000, 32 days on market
117 Jean, Piqua, original list price $134,900, list price at sale $129,900, sale price $128,900, 175 days on market
508 Glenwood, Piqua, original list price $73,900, list price at sale $67,000, sale price $63,000, 263 days on market
101 Jean, Piqua, list price $119,900, sale price $110,000, 21 days on market
1024 Washington, Piqua, original list price $62,500, list price at sale $55,000, sale price $50,000, 139 days on market
Keep in mind that the seller may have paid for the buyer's closing costs which reflect in the sales price. For more information on these Piqua homes or any homes in Miami or Shelby counties, contact Kathy Henne at 937-778-3961 or Kathy@KathyHenneTeam.com
Thursday, 01 March 2012
If you're looking for a competitive edge in the sale of your home, your real estate agent may have an unexpected suggestion. Although many sellers assume that it is the responsibility of the buyers to pay for an inspection, having one performed when you list your home can go a long way towards attracting a great offer from confident buyers.
Think about it. If you're aware of flaws and needed repairs before you market your home, you can correct potential problems before the buyers even have a chance to think about negotiating a lower price for repairs. Sellers can expect an offer that is two dollars less for every dollar in needed improvements, so why give away that money when you can save it by investing in an inspection?
An inspection at the time of listing also reduces time and stress before closing, because there's no rushing around to get required repairs completed at the last minute before closing.You're also immediately establishing good will, creating an atmosphere of trust and honesty up front.
All of this greatly increases the chances of a great offer, following through to closing without any doubts, delays or picky negotiations. Like a quality used car, giving your home the "Certified Pre-Owned" label will encourage the buyer's seal of approval!