Category Archives: Archives

Home Renovations That May Not Be Worth It

Home Renovations

Home Renovations That May Not Be Worth It  Not every improvement made to a house will ultimately raise its value. Homeowners who are looking for projects that will pay back at resale would be smart to consult a local real estate professional to determine whether the project they have planned would help boost their home’s value.

4 Common Home Buyer Slip-Ups

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Real estate professionals see a lot of dumb reasons why home buyers ultimately end up losing out on a deal. Practitioners recently shared some of the more common mistakes with realtor.com®, including ways to correct the situation: 1. Shopping outside their price range. “It sounds obvious, but some home buyers just have trouble sticking to

Decor that Adds Value to Homes

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A home’s price is based on many factors that can’t be changed, such as location, square footage, and age. While these fixed factors may seem like an end-all-be-all, you can present your client’s home in other ways that may add perceived value for buyers. A full overhaul or shiny new kitchen are not the only options —

Which College Degrees Make You a Homeowner Faster?

Engineering college majors can become homeowners in the shortest amount of time compared with those who earned other college degrees, according to a realtor.com® analysis. Engineering majors become homeowners, on average, in 2.6 years following graduation. Petroleum engineering majors earn a starting salary of $96,700, according to Payscale.com. The study estimates that they can, therefore,

Making an Offer: 5 Mistakes to Avoid

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In competitive housing markets across the country, making an offer that sticks has become increasingly difficult. Ensure your client doesn’t make the process even tougher by succumbing to one of these common mistakes. Delaying “Time kills deals,” says Andrew Sandholm of BOND New York Properties in New York. “Dragging your feet means you could wind up

Strange Questions From Buyers

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Realtor.com® recently asked real estate professionals to share some of the strangest questions a client ever asked them. Here’s what some agents had to say: “Does the car in the driveway come with the house?” Chike Uzoka, a real estate pro with Weichert, REALTORS®, in Newark, N.J., says it’s not uncommon for a buyer to

Household Debt Hits New Record

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Household debt is topping its 2008 peak prior to the housing crash. Total household debt has risen to $12.73 trillion in the first quarter, the Federal Reserve Bank of New York reported Wednesday. However, Americans are handling their debt—mortgages, credit cards, auto loans, and other forms of borrowing—much better, the report shows. Americans were delinquent

A One-Dollar Pricing Mistake Just Cost a Home Seller Thousands

Real estate investment

The rules of pricing properties are changing, yet most agents continue to use the same pricing approaches that the industry did 50 years ago. Are you making this costly mistake on your listings? A constant topic of conversation on my company’s group coaching calls is how to price properties correctly. A few days ago, I