Housing Wire

JUNE 10, 2021

From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. To attract potential buyers, sellers have to make sure their home is aesthetically pleasing. According to HomeAdvisor , the average seller pays almost $1,500 in staging costs. Bottom Line.

Sellers 546

Sellers Real Estate Agent Real Estate Decorating 546

McKissock

JULY 18, 2021

When the seller’s market is this hot, is it still necessary to renovate a seller’s home before it hits the market? But just because the ball is already in the seller’s court, so to speak, is it enough to justify skipping renovation altogether? Go Big Or Go Home.

Renovations 96

Renovations Marketing Real Estate Agent Sellers 96

Housing Wire

APRIL 20, 2021

Patrick, a first-time homebuyer, was competing with buyers who were waiving basic contingency requirements and/or putting in offers that far exceeded the seller’s asking price. After months of slogging through a string of disappointments, Patrick turned to a renovation loan and started looking at fixer-uppers. Already a member?

Renovations 437

Renovations Real Estate Agent Construction Buyers 437

Housing Wire

SEPTEMBER 19, 2023

You’ve found a house for your buyer or a buyer for the home you’re selling. This will help you set a realistic price and manage your sellers’ expectations. For appraisals that are low, a seller may want to get a second appraisal. The report is submitted to the lender, the buyer and the seller — when requested.

Real Estate 444

Real Estate Appraisal Agents Inspection 444

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. We negotiated to get the sellers the highest price possible. There are still plenty of buyers interested in this area.

Real Estate 345

Real Estate Open Houses Brokerage Real Estate Agent 345

Housing Wire

MARCH 2, 2021

You want to make a few preparations to attract the most potential buyers. Four renovations to consider before selling your house. But you’d be surprised by how many sellers forget or rush the cleaning process. Dust accumulates and you don’t want a potential buyer to find dust on the ceiling or smudges on the windows.

Decorating 501

Decorating Renovations Buyers Sellers 501

Empire Appraisal Group

JULY 27, 2023

Source: [link] Why Don’t More Buyers Consider a Fixer-Upper? In a time of rising housing costs, a fixer-upper offers more house for the money – but the iffy cost for renovations scares buyers already hurt by high interest rates. Bethesda, MD (301) 215-4688 The post Why Don’t More Buyers Consider a Fixer-Upper?

Buyers 78

Buyers Renovations Real Estate Agent Agents 78

McKissock

MARCH 20, 2022

When selling a home though, most real estate professionals will vouch that — as far as home improvements are concerned — kitchen renovations are worthy investments that will likely increase your resale value. ® , DIY expert and licensed contractor Beth Allen shares six common kitchen renovation ideas with the biggest investment return.

Renovations 84

Renovations Investing Modernization Real Estate 84

Housing Wire

APRIL 23, 2024

Amid a higher rate environment when refinances are scarce, Martell said that loanDepot sees opportunities in other products, such as renovation loans and home equity lines of credit (HELOCs). The lender announced a $120 million cost reduction program that will positively impact this year’s financial results, Martell added.

Mortgage 293

Mortgage Real Estate Agent Real Estate Renovations 293

Housing Wire

OCTOBER 15, 2020

The good news is that there is plenty of demand for vacant properties, from both nonprofit and for-profit buyers. That competition helped lift average price execution (winning bid as percentage of seller reserve) for vacant REOs to 104.8% The post As vacant foreclosures increase, so does buyer interest appeared first on HousingWire.

Buyers 335

Buyers Development Renovations Retail 335

Lamacchia Realty

FEBRUARY 8, 2022

When buyers are in the process of finding their perfect home, they often realize that finding a home that checks all of the boxes, has a great layout, and is aesthetically pleasing is easier said than done, especially if you’re a first-time homebuyer on a budget. When in doubt, get your permits.

Renovations 74

Renovations Buyers Finance Home Improvement 74

Housing Wire

NOVEMBER 1, 2022

A 2-1 buydown can be paid for by the homebuyer or the home seller can pay for it as a seller concession. A 2-1 buydown as a seller concession can sometimes make it easier and faster for home sellers to sell their home for a good price. How does a 2/1 rate buydown work? What are the pros and cons?

Loan Officers 437

Loan Officers Sellers Clients Buyers 437

Hank Miller Team

MAY 31, 2022

Appraising and being involved in real estate sales for over 30 years allows me to see epic "renovation" nightmares. The unfortunate side of this are the buyers who often expect their agent to flag issues. Will your agent spot renovation disasters? Buyers share the blame if they don't vet these agents.

Renovations 52

Renovations Agents Buyers Real Estate 52

Housing Wire

OCTOBER 10, 2023

Like you, as a real estate agent, I have prepared many reports analyzing pricing trends to help provide guidance to buyers, sellers and investors alike. For buyers , it can help them determine if the property they’re interested in is priced correctly and if it is a sound purchase. They are more appropriate for an appraisal.

Marketing 392

Marketing Real Estate Agent Clients Tools 392

Lamacchia Realty

MAY 6, 2021

HOME RENOVATIONS IN 2021. As we begin to see the other side of the pandemic and throughout the past year, the home improvement and renovation industry is seeing an extremely high demand for tools, materials, and home improvement service providers. Buyer Resources. Cost of Materials. What You Can Do. Additional Resources.

Renovations 57

Renovations Buyers Home Improvement Realty 57

Lamacchia Realty

MAY 23, 2023

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

Renovations 60

Renovations Supply Chain Construction Home Improvement 60

Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. In this blog post, I will discuss some of the most common mistakes sellers should avoid during a real estate appraisal.

Sellers 78

Sellers Real Estate Appraisal Appraisal Process 78

Housing Wire

OCTOBER 20, 2023

Include this photo in a gallery that contains multiple high-quality photos of the listing; this will prevent interested buyers from having to spend time finding a link to view the home. On the photo, include the date, time, address, price, and if space allows, features of the property. This is also a great way to show off your listings.

Real Estate 365

Real Estate Agents Real Estate Agent Clients 365

Lamacchia Realty

DECEMBER 31, 2021

Most homeowners are reluctant to make upgrades and renovations to their homes when it comes time to list their home for sale. You’re able to enjoy the upgrades and renovations longer while also capturing the attention of potential buyers. Seller Resources. POPULAR FEATURES HOMEBUYERS LOOK FOR. Additional Resources.

Buyers 74

Buyers Renovations Realty Technology 74

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. In that case, potential buyers will lay down an ‘as-is’ offer, which means they will acquire the home in its current condition. Buyers may walk away from the purchase.

Renovations 221

Renovations Buyers Appraisal Investing 221

Housing Wire

FEBRUARY 9, 2021

But what does it mean for you as the buyer? Four renovations to consider before selling your house. Your next move would be to renegotiate with the seller. Ask for seller concessions to make up for the increased price. Ask for seller concessions to make up for the increased price. More for Real Estate Enthusiasts.

Appraisal 454

Appraisal Real Estate Agent Sellers Real Estate 454

Housing Wire

JULY 30, 2021

Due to low inventory, sellers are able to put their homes up at a higher rate. And with today’s low interest rates, buyers have been rushing to purchase what’s available. If you’re a buyer, you want to make sure you’re purchasing a home that’ll increase in value. The same can be said about upgrades.

Renovations 487

Renovations Buyers Sellers Investing 487

Eppraisal

AUGUST 25, 2023

In the ever-fluctuating world of real estate, buyers often face a multitude of challenges. These factors can make the homebuying process more complex, but with the right strategies, prospective buyers can still find success in this competitive market. A home in need of renovations could be a hidden gem that other buyers overlook.

Inventory 69

Inventory Real Estate Buyers Renovations 69

Kairos Appraisal Services

DECEMBER 16, 2021

There’s no doubt that 2021 was a hot real estate market, but there was another hot market this year, and that was the renovation market. This is a trend we will… The post Highest ROI: Top Home Renovations appeared first on Kairos.

Renovations 52

Renovations Inventory Real Estate Marketing 52

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. “Significant untapped growth potential,” touts a slide in an Offerpad Solutions Inc.

Marketing 409

Marketing Inventory Renovations Investors 409

Housing Wire

OCTOBER 17, 2023

That makes those homeowners susceptible to predatory behavior by some buyers operating in the pre-foreclosure marketplace, behavior that has been chronicled in several prominent, recent news stories. These institutional buyers purchased pre-foreclosure properties for 30% below estimated after-repair market value on average.

Buyers 390

Buyers Retail Market Value Real Estate Agent 390

Berkshire Hathaway

MARCH 31, 2021

In a normal market renovating your home before putting it up for sale was a great way to make it more appealing to buyers. However, this is not a normal market and with so many buyers competing for homes renovations may not be as important, which as a seller is great news because it will save you time and money!

Renovations 28

Renovations Sellers Buyers Investing 28

Lamacchia Realty

MAY 20, 2022

HOME RENOVATIONS IN 2022. It’s well known that the world has seen a multitude of changes over the past few years, and the home renovations world is no different. From supply chain delays and stoppages to inflation, home renovation and even new construction projects are feeling the impact. Insulation is up 5.4% from last year.

Renovations 57

Renovations Supply Chain Construction Modernization 57

Housing Wire

MAY 20, 2022

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. If your house is priced too high, it will turn buyers off, but if it’s too low, people may wonder what’s wrong with it. You don’t sell your home to the wholesaler; the contract gets transferred to a buyer the wholesaler finds for you.

Real Estate Agent 388

Real Estate Agent Tenants Real Estate Agents 388

Will Springer Realtor

JULY 25, 2023

One of those objectives may be to make renovations on the home now when you can still safely – and, we trust, affordably – manage the projects before being too busy playing pickleball, volunteering your time or traveling the world. No buyer wants to face the prospect of investing in a roof a few years from now, so make it a selling feature.

Renovations 36

Renovations Investing Buyers Construction 36

Housing Wire

MARCH 28, 2022

Similarly, companies like Zillow and Trulia launched in 2005 and 2006 as “real estate search engines” to help buyers more easily find a home online. Having everything in-house enables iBuyers to lower closing costs for buyers and sellers, offer real-time, 24/7 customer support and provide unique financing solutions for buyers.

Real Estate 375

Real Estate Marketing Insurance Buyers 375

Raleigh Realty

FEBRUARY 2, 2022

Is the seller not willing to negotiate repairs? A home inspection provides the buyer with a detailed report of the home’s structure, plumbing, electrical, foundation, roof, etc. It helps the buyer know if certain repairs are needed so that they do not encounter costly problems after purchasing the home.

Inspection 158

Inspection Sellers Buyers Realtors 158

Housing Wire

APRIL 16, 2021

And while homeowners often scramble to renovate kitchens and bathrooms, remember to pay attention to your yard’s foliage. . Here are a few “plant things” homebuyers and sellers should consider: Geography. Those reasons alone could make a potential buyer throw down some serious dough.

Renovations 446

Renovations Sellers Buyers Real Estate 446

Lamacchia Realty

APRIL 17, 2024

Potential home buyers may be looking for that extra bit of charm that wood floors offer. While some sellers may renovate a bathroom or do small improvements to make the home feel new , don’t overlook the power of a fresh hardwood floor.

Home Value 68

Home Value Buyers Realtors Realty 68

Berkshire Hathaway

AUGUST 30, 2022

Are you looking for a move-in ready rental property or are you willing to consider a home that requires renovations? Setting a budget from the onset will allow you to negotiate more effectively since the property seller will understand what exactly you can afford. Assess the Seller’s Motivation. Set Your Budget.

Buyers 49

Buyers Legal Fees Real Estate Renovations 49

Housing Wire

JANUARY 26, 2021

Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer. While it can certainly be tempting — especially with the high costs most buyers already face — it’s usually a grave mistake (and sometimes a costly one, too). Were those recent renovations done up to local code?

Inspection 383

Inspection Real Estate Agent Real Estate Investing 383

Realtor

AUGUST 24, 2023

And experts say there are many more intricate details that buyers and sellers might not realize that influence value. Most buyers and sellers don’t think about variations in the map when it comes to pricing,” says Martirena. Energy-efficient upgrades can reduce utility bills and are appealing to buyers.

Sellers 123

Sellers Appraisal Buyers Transportation 123