Pricing a home correctly is a very important factor when selling. Here are some guidelines to follow when strategizing the asking price:
A properly priced home will draw in more interested buyers to compete for your property. Overpriced homes are ignored by buyers who have done their research on current home values.
You save loss of time and money. Overpriced homes sit on the market. Sometimes buyers wonder why the home has been available for a long period of time. This can place you, the seller, into a poor negotiating position.
Even if you say, “I have plenty of time to sell. I can always reduce my price later,” this strategy will not work in your favor. One of the first questions buyers ask is, “How long has this home been on the market?” A buyer may feel he/she has an upper hand in making a lower offer since the home has not sold.
There may be appraisal issues. Even if you find a buyer who will pay an unreasonably high asking price, the lender may not want to provide financing if the home does not appraise correctly.
The key to selling your home is pricing it correctly. Listing a home for market value will more times than not, get you more money in a shorter amount of time. Your Sibcy Cline agent will take many factors into consideration for pricing your home, including:
- Size, including the number of bedrooms and baths
- Condition (especially the kitchen)
- Style of home
- Exterior features (age of roof and windows, patio, deck)
Your agent will perform a Comparative Market Analysis for your home. This analysis will look at homes similar to yours that have sold within the past 6-12 months as well as look at pending sales and current homes on the market.
Once the data is analyzed by you and your agent, you can then figure out what the listed asking price for your home will be.
Article courtesy of Sibcy Cline News
If you love the arts and creating new things, you’re in the right place.
Cincinnati was ranked one of the 10 most creative cities in the nation by real estate blog Movoto!
The Queen City came in at No. 8 on the list partly because it’s No. 9 in the nation for number of galleries and No. 1 for number of art supply stores per capita.
But the high scores didn’t stop there. Cincinnati is No. 9 for performing arts that call the city home and No. 8 for most music stores and instructors along with most colleges per capita.
Creatives in Cincinnati looking for employment are also in luck!
Movoto says the fact that 12 percent of workers here are employed in arts and entertainment means there’s plenty of room for growth!
Other criteria included in the ranking were art schools and programs per capita (No. 24), book stores per capita (No. 14) and Facebook likes for “arts and music” per capita (No. 35). To see the full list of the nation’s most creative cities, click here.
Are you a Cincinnati Creative looking for the perfect workshop?
Check out this cute 1 bed cottage with detached oversized garage – perfect for a separate workshop!
Large rooms with newer carpet & fresh paint. 1st floor laundry + full basement!
Move right in & stop wasting $$$ on rent!
Call or email me to schedule a showing at 513.377.1070 or email@example.com.
Article courtesy of Cincinnati Business Courier; Erin Caproni – Digital Producer, Cincinnati Business Courier
Photo courtesy of Burlington Free Press
A Hand During a Hard Time
After Carol Dimmick’s mother suffered a stroke, the home the two shared became virtually unlivable for the elderly woman. All four bedrooms in the two-story house were on the second floor, and Dimmick’s mother couldn’t climb the stairs. “I needed the home to sell fast so that I could get my mother into a more comfortable situation,” Dimmick says.
That’s when Jeri Jo Meyer, broker-owner of Inspired Home Real Estate in DeWitt, Mich., stepped in to bring some pizzazz to the home. “The house needed updates and staging,” Meyer says. “Carol did some painting and cleaning, and then I came in to stage.”
Meyer added more lighting, pictures, floral arrangements, baskets, and table settings—and she rearranged furniture. “She turned a storage space into a workout room; my basement became a play area for kids,” Dimmick says.
The effort was well worth it: Three couples came to look at the house the first weekend it was on the market, and the first of them ended up buying it.
“Without [Meyer’s] staging, I know it wouldn’t have sold as quickly, and I would not have been able to get so close to my asking price,” Dimmick says.
From Dud to Dynamite
Michelle Martin and her husband bought an investment property that they sought to flip soon after renovating it. But the empty home sat on the market for six months—22 showings and not a single offer. Martin says the most common feedback she got from the showings were that the bedrooms were too small. “My husband and I were going back and forth on whether we should lower the price,” Martin says.
But Joan Inglis, a practitioner with CD Realty in Charlotte, N.C., and owner of Carolina Spaces LLC, suggested that Martin try to bring life to the house before reducing the price. “I devised a staging plan to furnish key rooms and areas,” Inglis says. ”I used king- and queen-sized beds, nightstands, chairs, chests, and accessories to show the ample space truly available in the bedrooms.”
Inglis brought in the staging items first thing on a Saturday morning just ahead of a scheduled 10 a.m. showing. By that evening, the people who had toured the home made an offer, and 30 days later, the sale closed.
“We couldn’t believe it,” Martin says. “That was the day we knew staging was worth every penny.”
Article courtesy of Realtor Magazine
Reprinted with permission of the NATIONAL ASSOCIATION OF REALTORS
The princesses are part of the family-friendly entertainment during the carnival, set for Saturday February 21, which will include photo opportunities for kids with the Frozen characters at Witt’s End Candy Emporium, one of the many locally-owned shops on Fairfield Avenue.
Magician “Presto” Paul Dalholt will perform table-side magic tricks at Bellevue restaurants including Avenue Brew, Twisted Sisters, and Siam Orchid. Balloon artist Greg Wilson will also be on hand. There will be several face painters at the carnival, too.
Expect to find the shops along Historic Fairfield Avenue decorated for the Winter Carnival theme and offering Winter Carnival and/or Frozen-related merchandise and menu items. In-store fun and games include decorating Frozen cookies at Circle of Hope Artisans, a snow ball toss at Le Sorelle Women’s Clothing, a Snowman Poke for a prize at Interior Visions and a 2:15 p.m. showing of Disney’s Frozen in the party room at Witt’s End Candy Emporium!
Winter Carnival is free and open to the public, and is sponsored by Citizens Bank of Northern Kentucky and Cleves & Lonneman Jewelers. Pick up a map and schedule of events from Fairfield Avenue shops and restaurants. Check out the Shop Bellevue website for more details and updates about Winter Carnival 2015.
Bellevue’s first-ever Winter Carnival takes place from noon to 4 p.m. on Saturday, February 21, in the 200 to 700 blocks of Fairfield Avenue.
12:00-2:00 p.m. Anna and Elsa from Disney’s “Frozen” will stroll the Avenue from the 700 block to Witt’s End Candy Emporium for photo ops with the characters.
1:00-2:15 p.m. Presto Paul will do table-side magic tricks at participating restaurants including Avenue Brew, Twisted Sisters, and Siam Orchid.
1:30-3:00 p.m. Balloon artist Greg Wilson performs. Look for him in the 300-400 block.
2:15 p.m. Disney’s Frozen will be shown in the party room at Witt’s End Candy Emporium.
Want to see more of what Bellevue has to offer? Check out this awesome 3 bed home with finished lower level and off-street parking!
Call or email me to schedule a viewing at 513.377.1070 or firstname.lastname@example.org.
Article via of The River City News
The city of Madeira was been ranked as #3 of the 50 Best Suburbs in America by Business Insider!
The website looked at data from 300 suburbs with populations between 5,000 and 100,000 that are located near a metro area. Factors included: commute times, household income, poverty, crime rates, school ratings and housing affordability. See the article here.
The accolades do not stop here for Madeira. Ohio Magazine has also recognized the city as one of the state’s Best Hometowns for 2014-2015! See more news about this honor in the November 2014 issue of the magazine.
Madeira is a vibrant neighborhood with a walkable central business district that includes many local shops, restaurants and businesses. Thursday afternoons are filled with shoppers who enjoy seeing what the farmer’s market has to offer. The community has many events throughout the year including parades, art shows and festivals.