time: 01:17:23 12/06/2018 view: 1525
Selling your home is supposed to make you money, right?
But the truth is, selling a home will cost you, a lot!
Even if you end up ahead on the deal, getting more than you paid for the home, you’ll still have to shell out thousands before you’re done.
On average, homeowners pay $12,000-$16,000 in hidden fees during the selling process. In high-end areas, where real estate prices are higher than the national average, this figure is significantly greater.
Many of the fees, you can’t avoid. Things like taxes and closing costs. There’s just no way around it. You’re going to have to shell out for some things.
Below is a list of things sellers typically pay for that you can avoid. A word of caution, however. There are very good reasons that most sellers choose to pay for these services. These things tend to make the process easier and can help to bring in higher sales prices.
By listing these avoidable costs, I’m not suggesting these aren’t important expenses. What I am saying is that these are areas where you could potentially save big, if you choose to.
In most states you can legally sell your home, on your own, without hiring a professional to help you. This is the biggest way to save, as realtors fees average 6% of the home price. That’s a lot of money.
If you have any legal knowledge or sales experience, you can probably manage. But, for many the process is just too complicated and the expense of hiring a realtor is well worth it.
If you do choose to go it alone, be sure to arm yourself with as much information as possible. Our blog has many articles that can help you navigate the FSBO space.
While staging your home is critical to your success, hiring a professional stager is not. There are numerous ways you can do what you need to, without the help of a professional. I encourage you to read up on how to stage your home properly.
If you have any interior design savvy friends, enlist their help. If, after reviewing the process, you are overwhelmed, you can always change your mind and hire someone.
Professional photographs are super important. Especially in today’s technologically driven market. But maybe you know someone who loves to take pics and is a natural. Or even a professional who likes to pick up extra cash on the side. Real estate photographers will charge you a small fortune. And this is an easily avoidable, or at least reducible expense. If you do some homework.
Selling your home is difficult enough. And you want to get the most money you can out of the process. By knowing where you can cut costs, and where you can’t, you can make the best decision for you and your individual circumstances.
time: 22:22:41 12/05/2018 view: 834
Real estate professionals know that regardless of where they are, the housing market is seasonal. And some seasons are better for the market than others.
Depending on where you’re located, you may be affected by seasons differently than those in other areas.
When the decorations start popping up in stores (which seems to be earlier and earlier every year) and the food and drinks and music begin to flow, home sales decline.
There are several reasons the holidays tend to be a slower time of year for real estate transactions. The most obvious is the desire for home and family. Moving during the holidays isn’t appealing to many Americans.
Another is the added stress that moving brings. Moving is always stressful. Buying or selling a home is always stressful. And the holidays can bring their own form of stress for many of us. So, for many, the thought of trying to sell their home, or buy a new one, during the holiday season can be overwhelming.
Others, however, might love the idea of moving into a brand-new home for the holidays. Opening that front door like a shiny package on Christmas morning.
So, while the market does slow down for the holidays, it doesn’t shut down completely. And buying during the holidays can actually be a good idea if you want to get a good deal.
To find out what real estate professionals think about the holiday season and its impact on the market, I asked Clayton Fejfar of Las Vegas Shorewood Real Estate. Here’s what he had to say:
“There always seems to be a slow down during the holidays, but the people in the market during this time seem to be much more serious.”
That’s good news. If you have to buy or sell during the holidays, or if you’re one of the many Americans who don’t celebrate any of the various holidays that occur throughout the fall and winter, you can still buy or sell and know that while there may be fewer homes on the market, and fewer buyers looking, those who are will be serious.
If you want to know more about how your local market is affected by the seasons, or by the holidays in particular, be sure to do your own market research and/or consult with a real estate professional in your area.
time: 23:38:19 12/04/2018 view: 728
Our marketing team will work with Las Vegas Shorewood Real Estate to market their listings, increase visibility, and generate the highest quality leads.
We at Ebuyhouse are excited to collaborate with Las Vegas Shorewood Real Estate in the first of many partnerships Ebuyhouse.com will be building with real estate professionals involved in every stage of the process of buying and selling a home throughout the U.S.
Congratulations to managing partners Brian Burrows, Clayton Fejfar, and their team of agents as we work together in the coming years.
To learn more about partnership opportunities with Ebuyhouse.com and how you can benefit from exclusive leads, reach out to our business development director Joe Hammond at email@example.com or call toll free 1(877)450-2822.
Log onto partners.ebuyhouse.com for more information.
time: 01:09:44 12/04/2018 view: 1002
I’m going to be brutally honest with you. I’ve been trying to get into Sun City Summerlin since I moved to Vegas in 2013. What’s the hold-up? I don’t meet the age requirement. This is a 55 plus senior living community and one of the finest in the country. If you move in, you may never leave. Wait … I didn’t mean that quite as you may have read it!
Sun City Summerlin has too many perks to count. This adult Disneyland includes: three 18-hole golf courses, a theatre for musical entertainment and guest speakers, 4 fitness centers, a library, a ballroom for dancing, and 4 community centers. This district is intended for “active” seniors. There is never a reason to be bored in Sun City!
Yoga, tai chi and water aerobics are popular in senior living communities.
Additional sport and recreational activities include: aerobics, billiards, bocci, horseshoes, pickle-ball, mini-golf, shuffleboard, racket-ball, tai chi, tennis, waking tracks, spas, pools and a softball diamond. Did they miss anything? Not that I can think of. This is retirement community living at its finest!
Sun City Anthem has many of the same amenities as Sun City Summerlin. It is located in Henderson, south of Las Vegas. Although not as large, Anthem has its own theatre and ballroom as well. There is one golf course instead of three. But classes and clubs abound. There is little need to leave your community for entertainment, unless you like to gamble.
There is a lot to be said for convenience. The younger crowd may prefer the inner city with coffee houses on every corner. Most of us were there at one time or another ourselves. But one thing is for sure, as we get older … we move a little slower. We enjoy taking our time and living each experience fully. We don’t want to stop entirely, just to take it easy and enjoy the view.
For those individuals who prefer to rent rather than buy, you can do both in either of these communities. Typically, two year leases are more popular than one year in Sun City. This is preferable as who wants to move constantly at our age? For those individuals who want to cut expenses and yard maintenance, renting in a senior living complex is also a great option.
These smaller communities may be less luxurious in some ways (think minus a ballroom or golf course), but they do come with plenty of social activities and amenities. One of the more popular in Las Vegas is Live Overture. This real estate company has locations across the country. Furthermore, they are known for senior living complexes that include exercise and music classes as well as cards clubs or billiards.
These communities help us stay social and active when we might slow down and become recluses. They are safe havens for individuals who can benefit greatly from organizational social and physical activity. Its easy to get lazy if we allow ourselves to do so. However, these senior living communities are an answer to an ever-growing demand. We are living longer. In doing so, we have a need to remain active. Whether it be physically, mentally or emotionally, organized social activities can be an absolute life-saver for many entering those “senior” years. Its hard to stay in and be stagnant when there are so many fun and interesting options within your community.
Mini golf is more fun if you are retired!
As of late, there has been a trend among Baby Boomers to sell their homes and rent. Part of the reason is perks. Amenities abound in luxury complexes and retirement communities. This is the time in our lives when we should slow down from working hard and delve into more fun. The ease of opportunity without the stress of a schedule is a huge blessing to those who need to take it easy while also having fun.
Don’t let the idea of “senior living” or “retirement communities” throw you off. You aren’t likely to grow bored. As a matter-of-fact, you may look back and decide it was—or is—the best time of your life.
time: 00:56:07 12/04/2018 view: 990
The real estate market fluctuates constantly. And like any other market, it’s dependent on many factors. Most of which you may have no control over. The current economy for example.
But other factors are more predictable and more controllable. To a certain extent anyway.
And while the numbers change every year, there are certain months that typically bring higher prices.
If you’re buying, those are the months you want to avoid. But if you’re selling, you want to capitalize on the season to get the most out of your home.
More homes sell during the summer months than any other time of year. Several factors most likely influence this, including nice weather and families with children wanting to move when school is out.
And summer home sales tend to bring in higher figures than other months.
So selling during the summer gives you the best chance at finding a buyer and getting the best price possible.
So listing in late May will give you your best chance for a good offer.
The downside to selling in the summer is the competition. With so many buyers looking and homes bringing good prices, summer is when everyone wants to sell, if they can.
It can also be difficult if you’re selling your home and buying another. While you want to fetch a good price on the home your selling, you don’t want to overpay on the one you’re buying. Otherwise you could end up at wash, or worse, a loss.
Your location can also affect the impact seasons have on the housing market. Depending on where you live, the best time to sell could be different. Vacation destinations tend to see better sales during whatever the peak season is, summer or winter.
It’s a good idea to investigate your local market conditions before deciding when to list. Especially if you live in an area that draws tourists or has extreme seasons as these factors tend to change the game.
Whatever you find, knowing when to sell to increase your chances of a good price can mean the difference between getting a price you’re happy with and one you have to just settle for.