What's happening in Real estate for the Month of September 2011~ WNY Wants To Know!

What kind of updates should you make to a house before selling and how much should you spend? According to this video most updates that have made are painting, new flooring and updated light fixtures these are relatively inexpensive and something you can do on your own as the WNY homeowner.

  Are you one who thinks doing updates before you sell isn’t relevant?  Well according to recent surveys staging your home is very relevant. If you are looking for a realtor who believes in taking the necessary steps to getting your homes sold in a timely fashion and who employs a professional stager to consult with all his clients before putting their home on the market, make sure that Mark Key is the Realtor you call. Mark will assure that you are doing the right updates for your home for the least amount of money. 

Remember: Every Home Needs A Key (Mark Key) call  716-603-8649

What's happening in Real estate for the Month of September 2011~ WNY Wants To Know!

What’s Most Important in Buying Your WNY home?

When it comes to buying your WNY home what is the order of importance? Lately I’ve been helping clients find out just that, some of my clients have been struggling over what order you should buy a home. Is the white picket fences, stone and brick front homes with lots of landscape the most important? Or is it location, price, property condition and then curb appeal.

Well while writing this I’m wondering should I even have this fight or do I really have to talk about this but clearly over the last weeks this is something of importance at least to my clients. If I had to put the buying process in order this is how I would do it but yet that’s me and my situation.

First I believe that when buying a new home spending just a small amount more could pay big dividends when it is time to sell which makes location, location, location very high on my list. The quality of the home and the architecture of the home is the property condition. Timeless curb appeal helps with lasting home values.

1.      Location, location,location

2.      Property conditions.

3.      Curb appeal

Now writing this showed me that on my list I broke it down to three steps and number one is the only thing that truly matters to me and it has to be my front runner location, location, and location.

Because what comes with location obviously all the rest will follow, as you can see that I didn’t mention how important schools were to me because likely in a great location there will be very high rated schools. If the home property condition isn’t the best I’m sure I can fix that as longs as the house is sitting where it should. Curb appeal can also be fixed.

In my opinion lowest price is not always your best option. You should look for quality, inside and out of the home and make sure to find a community that you love and do not settle for less.

I’m asking what your order of buying a home is. Please feel free to share your opinion.

What’s Most Important in Buying Your WNY home?

Why Nobody Bought Your WNY House -- And What To Do About It?

DID WNY BUYERS EVEN KNOW THAT YOUR HOME WAS ON THE MARKET?

What an interesting question since your WNY home was on the market for such a long time.   Buyers should know that your home exists. Not all buyers drive down your street, (JUST A SIGN, WON’T CUT IT). You need high impact marketing that gets your home notice and then sold. If you were one of the unfortunate Western New York home sellers who had a home on the market for at least 6 months or more and it didn't sell there could be one or several factors involved. If your listing has expired on the market and you are still interested in selling it, start making plans today to make a commitment to do what it takes to get it sold. 

Your first step should be to hire a competent agent who gives you honest information and advice on price, condition and market time, not an agent who asks you what price you want or need and says "sign here."

More importantly you need an agent who can get buyers excited about your home and get them through that front door and show them why your home is the home for them in their family.

Now with all that being said it is very important for you to be on board to make this process happen. Are you ready to sell your home? Are you ready to get buyers excited and do you believe that your home has what it takes to sell? Well all these are important questions and only you can answer them.  When you decide to hire a new Realtor at the listing appointment you should ask your potential agent for a marketing plan for your property.  What do they see as vital to the marketing of your home given your area, price and demographic.  Ask how much money is spent marketing your home and where is the money spent?  Do they make it easy for buyers to get information on your home?

The next time you put your home on the market for sale consider these points and ask yourself did I make the right choices?   What can I do this time to have a successful outcome?

Say goodbye to any real estate agents using old, traditional methods to sell your home because they don't work in today's market!
To be competitive in today's marketplace, agents who use new and innovative, non-traditional marketing approaches are the ones who are getting more homes sold fast and for top dollar.

Buyers are Out There...And They Will Come!

Before You Put Your Home Back on the Market remember:

1.     Effective communication is vital between you and your Western New York Realtor.

2.    Price your home according to market conditions, competition and the condition of your house.

3.    Be sure your house is in showcase, buyer ready-condition.

4.   Have an innovative marketing plan firmly set in place.

If you're ready to put your home back on the market, successfully this time, be sure to request your Home Evaluation CMA.  Or do you still have questions and need more information?   If so, contact me today and you will receive a prompt response from Mark Key a full-time professional WNY Realtor.  There is absolutely no obligation and no pressure. Just some interesting information you can use. You can reach me day or night at 716-603-8649

Why Nobody Bought Your WNY House -- And What To Do About It?

What is the best month to sell My WNY Home?

Recent question asked by one of my clients were!

I have always heard that houses sell in spring and summer since school is out....but is the market overly saturated at that time?  Is there a better time for a seller to sell?

Answer:

houses typically sell or hit the market in spring and summer because of foliage blooming and whatnot, filling in of plants and trees can add such beauty to a house that a lot of people want to wait until then.  I think in this market that one need to price aggressively ahead of the market in either direction it is heading in order to get the most for your house and move it quicker.  So if the local market is down 6%, price it 8% lower and you will most likely get a multiple bid situation.  Houses are selling that are priced correctly....the most important thing that anyone or any Realtor can take from this post is price ahead of the market.  If the market is still dropping, price it slightly lower than the best comps and it will sell quickly and closer to asking price.
Those times of year the inventory skyrockets.....why not get on the market a little earlier so you are not competing with so much more inventory because everyone wants to list March 1st.....

 Real estate transactions happen all year. Even during the Thanksgiving - Christmas time period. People move for a variety of reasons - job transfer, marriage, divorce, birth of a child (outgrowing current home), etc.
when buyers can time their moves they do often try to do so around the school calendar so that they do not have their children change schools in the middle of the school year. This is why many sellers wait until spring or summer to list their home. True this can create a greater supply (and more competition for a seller).
When you contact agents to come by and provide you with a market analysis - ask them to give you stats for sales in your area by month over the past few years. This may help you identify a trend. Also ask about average days on market for homes listed in March vs. those listed in Sept. This may also help you pinpoint a listing time that you are comfortable with!

The one thing we in WNY have to worry about is the snow we get through out winter months. We Western New Yorkers don’t have the privilege to see what the lawns may look like around that time of year.

To conclude the most accurate answer is that it depends on where you live.  There are many considerations that factor into when the best time is to put YOUR home on the market.

Neighborhood, price range and; the time-frame you have that you need to be out of a house are just a few of the important criteria you need to consider for when is the best time to put your home on the market.

If you would like help in determining what the best time is for you, feel free to get a true assessment of your home get a FREE Home Value.  I'll be happy to help you assess your situation with no obligation or charge.

Mark Key
Realty Edge INC
716-603-8649
mkeyrealtor@gmail.com

What is the best month to sell My WNY Home?