Showing posts with label Brooklyn Homes buying myths. Show all posts
Showing posts with label Brooklyn Homes buying myths. Show all posts

Wednesday, October 14, 2020

3 Importat Tips for Selling a Vacant Home



Many homeowners need to move to the new home before the old home sells. Sometimes it’s a tenant that has moved out before the home goes on the market that causes the home to sit, vacant. As you can imagine, selling an empty house is a bit of a challenge. Not only are there the insurance, maintenance and security aspects to consider, but also the appeal to the potential buyer.

Staging a home for sale is becoming more common as homeowners learn how valuable the process is. It is even more valuable when the home is vacant. Since studies show that a home without furniture takes 78 percent longer to sell than a furnished home, and the latter sells for closer to asking price, consider the following to maximize your profit on the sale of the home.

Hire a professional home stager

These designers bring in everything from furniture to accessories and arrange them in ways that appeal to a homebuyer’s emotions. “Most homeowners spent between $348 and $803,” to have their homes staged, according to the professionals who are members of ImproveNet. Check out their handy calculator that will give you a better idea of the costs in your ZIP code.

Stage it yourself

Making a home looked lived-in, when it isn’t, is a big job, even for professionals. But the good news is that you won’t necessarily need to stage the entire home, according to Kerry Derwent-Robb at HomeStagingHints.com. She recommends that you stage the dining and living rooms and one or two bedrooms. If you feel you lack that interior designer flair, get some ideas and inspiration online at HGTV, on Pinterest or at HomeStagingChannel.com’s YouTube channel.

Stage it virtually

Yes, there are virtual stagers and they can change the color of walls, switch out the flooring and even add virtual furniture. The danger in this method is that if a buyer likes what he sees online and shows up to tour the home in person, the first thing he’ll notice is that the home looks nothing like its photos and he may feel deceived. You can get around this by making it clear online that the home is virtually staged.

The price? It varies but Kim Palmer of Minnesota’s Star Tribune says that virtual staging may cost up to $100 per photograph, but you can find virtual stagers online that charge as little as $40 per photo.

Hire a professional tenant

We don’t get it, but some people don’t mind moving frequently, especially those that are “resident managers” that work for home staging services like Showhomes. This process takes staging to an entirely new level and homebuyers will not only see a furnished home, but a lived-in home, complete with a stocked refrigerator and clothing in the closet.

The managers bring their own upscale furnishings and accessories and they even pay their own utility bills. Showhomes pays for the homeowner’s additional insurance costs.

Home managers aren’t suitable for all homes. In fact, Showhomes will only work with homeowners whose homes are listed at $500,000 or more. Their fees run from $1,000 to $3,000 and some companies also ask for a percentage of the sales price.

Botton Line

While selling a home that is vacant may be unavoidable, there are even simple ways to make it look lived-in. You owe it to your bottom line to do all you can to make the home as attractive to buyers as possible, let’s connect so you have the right guidance Call/text 917-515-9783 or nyhomeseller@gmail.com  

Sunday, October 11, 2020

3 Strategies to Getting your House Sold Quickly

 

If you’re selling your home so that you can purchase another you not only have a need for speed, but a need for the most money possible in the sale.

So, what’s the trick to getting a home sold quickly and for top dollar? Actually, there are several things you can do to speed up the process and make your home irresistible to buyers. Here are the top three:

  1. Price

The main reason a home sits on the market with little attention and no offers is price. One of the immutable laws of real estate is that overpriced homes take longer to sell.

Homebuyers know what your home is worth on the current market, so pricing it higher isn’t fooling anyone. Plus, what happens is that your home will show up in the Multiple Listing Service in searches of that price range. If your home is overpriced, your competition will be newer, larger, better located or in better condition.

Keep in mind that the longer a house languishes on the market the better the chances it will eventually sell for less than market value. So, price it right from the beginning and you’ll get to take full advantage of that “honeymoon period” that all new listings enjoy.

  1. Condition

To get your home sold, clean it. Sure, that sounds like basic common sense, but study after study confirms that buyers look for homes that appear to be in move-in condition. Dirty homes don’t fit that bill.

After cleaning the house, remove all the clutter. If you can fit a designer’s services into your budget, consider hiring a professional stager. Staging the home can mean the difference between getting bombarded with low offers and receiving top dollar for the home.

  1. Marketing

Marketing is strictly up to your real estate agent so it is critical that you hire one that excels at marketing homes.

When interviewing agents for the job of selling your home, ask to see a marketing plan. It should include samples of past marketing efforts. Are the photos clear and compelling? Are the descriptions intriguing enough to get you to want to view the home or do they appear to be dashed off haphazardly?

BOTTON LINE

While there are other strategies that can help sell your home, these are the top three. Set the right price, get the house in tip-top shape and hire the right real estate agent.

Thursday, September 3, 2020

Sell My House in Queens, Brooklyn, L.I. | Homebuyer Demand Is Far Above Last Year’s Pace

 

Homebuyer Demand Is Far Above Last Year’s Pace | MyKCM

Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, the coming weeks might just be the timing you’ve been waiting for.

According to the Pending Home Sales Report from the National Association of Realtors (NAR):

Pending home sales in July achieved another month of positive contract activity, marking three consecutive months of growth.

The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 5.9% to 122.1 in July. Year-over-year, contract signings rose 15.5%. An index of 100 is equal to the level of contract activity in 2001.”

This means that for the past several months, buyers have signed an increasing number of contracts to purchase homes – well above where the market was at this time last year. Lawrence Yun, Chief Economist at NAR notes:

“We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market…Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”

Below is a graph that shows the impressive recovery of homes sales compared to previous years. The deep blue v marks the slowdown from this spring that turned into an exponential jump in sales that followed through the summer, skyrocketing above years past:





What Does This Mean for Sellers?

If you were thinking about putting your house on the market in the spring, but decided to wait due to the health crisis, it may be time to make your move. Buyers are in the market right now. With so few homes available to purchase, homeowners today are experiencing more bidding wars, creating an optimal time to sell.

Is This Trend Going to Continue?

As CNBC notes, there are no signs of slowing buyer demand this fall:

The usual summer slowdown in the housing market is not happening this year. Buyers continue to show strong demand, spurred by the new stay-at-home world of the coronavirus and by record low mortgage rates.”

Danielle Hale, Chief Economist at realtor.com, concurred:

“In a typical year in the housing market, buyer interest begins to wane before seller interest causing the usual seasonal slowdown as we move into the fall. Due to a delayed spring season and low mortgage rates, we could see buyer interest extend longer than usual into the typically quieter fall. Whether this means more home sales will depend on whether sellers participate or decide to stay on the sidelines.”

As Hale mentioned, homeowners who are willing to sell their houses right now will play a big role in whether the trend continues. The market needs more homes to satisfy ongoing buyer demand. Maybe it’s time to leverage your equity and move up while eager home shoppers are ready to purchase a house just like yours.

Bottom Line


If your current home doesn’t meet your family’s changing needs, let’s connect to help you sell your house and make the move you’ve been waiting for all year.

« Get Your House Sold This Winter. 15 Seconds FREE Home Valuation

Source…KCM Rossmery Blog

THE WHOLE DEAL: FROM HIRE US TO CLOSING

Our Marketing Systems Are Design To

TARGET & ATTRACT QUALIFY SERIOUS HOME BUYERS.

Not Those Who Will Only BUY Your Home If They Can Steal It by Making Ridiculous

Low-ball Offers!  WE PRE-APPROVE EVERY PROSPECT… visit cash4homesNY.com

For more information.

To connect with me directly,

Please call/text Rossmery 917-515-9783 or email nyhomeseller@gmail.com

See More Properties


SEARCH ALL HOMES FOR SALE
HOME VALUATION
GET AN OFFER IN 24 HOURS
MARKET REPORT
SELLER EGUIDE
                                            
RossMery Mosquera 
Winzone Realty 
917-515-9783 
Licensed In: New York 
Contact Me
                                            

You Can Also Visit Us At:  Facebook YoutubeInstagram


Monday, August 10, 2020

Sell My House in queens, Brooklyn, L.I. / The Latest Unemployment Report: Slow and Steady Improvement

The Latest Unemployment Report: Slow and Steady Improvement | MyKCM


Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%.

When the official report came out, it revealed that 1.8 million jobs were added, and the unemployment rate fell to 10.2% (from 11.1% last month). Once again, this is excellent news as this was the third consecutive month the unemployment rate decreased.


There is, however, still a long way to go before the job market fully recovers. The Wall Street Journal (WSJ) put a potential date on that recovery:

“July’s payroll growth, at 1.8 million, still leaves total payrolls 12.9 million lower than in February. And yet if job gains continued at July’s pace, that deficit will be erased by March 2021. If payrolls reclaim their last peak in 13 months, that would be remarkably fast. It took more than six years after the last recession.”

Permanent vs. Temporary Unemployment

During a pandemic, it’s important to differentiate those who have lost their jobs on a temporary basis from those who have lost them on a permanent basis. Morgan Stanley economists noted in the same WSJ article:

“The rate of churn in the labor market remains incredibly high, but a notable positive detail in this month's report was the downtick in the rate of new permanent layoffs.”

To address this, the core unemployment rate becomes increasingly important. It identifies the number of people who have permanently lost their jobs. This measure subtracts temporary layoffs and adds unemployed who did not search for a job recently. Jed Kolko, Chief Economist at Indeed and the founder of the index reported:

“Core unemployment fell in July for the first time in the pandemic. That's the good news I was hoping for.”

What about the housing market?

The housing market has continued to show tremendous resilience during the pandemic. Commenting on the labor report, Robert Dietz, Chief Economist for the National Association of Home Builders (NAHB), tweeted:

“Housing continues to rebound in another positive labor market report. Home builder and remodeler job gains of 24K for July. Residential construction employment down just 56.4K compared to a year ago. Total residential construction employment at 2.85 million.”

Bottom Line

We should remain cautious in our optimism, as the recovery is ultimately tied to our future success in mitigating the ongoing health crisis. However, as Mike Fratantoni, Chief Economist for the Mortgage Bankers Association, reminds us“The pace of job growth slowed in July, but the gains over the past three months represent an impressive rebound during the ongoing economic challenges brought forth by the pandemic."


« Get Your House Sold This Winter. 15 Seconds FREE Home Valuation

Source…KCM Rossmery Blog

THE WHOLE DEAL: FROM HIRE US TO CLOSING

Our Marketing Systems Are Design To

TARGET & ATTRACT QUALIFY SERIOUS HOME BUYERS.

Not Those Who Will Only BUY Your Home If They Can Steal It by Making Ridiculous

Low-ball Offers!  WE PRE-APPROVE EVERY PROSPECT… visit cash4homesNY.com

For more information.

To connect with me directly,

Please call/text Rossmery 917-515-9783 or email nyhomeseller@gmail.com

See More Properties


SEARCH ALL HOMES FOR SALE
HOME VALUATION
GET AN OFFER IN 24 HOURS
MARKET REPORT
SELLER EGUIDE
                                            
RossMery Mosquera 
Winzone Realty 
917-515-9783 
Licensed In: New York 
Contact Me
                                            

You Can Also Visit Us At:  FacebookYoutubeInstagram

Saturday, March 21, 2020

Sell My House in Queens, Brooklyn, L.I | A Recession Does Not Equal a Housing Crisis

A Recession Does Not Equal a Housing Crisis

Some Highlights

  • The COVID-19 pandemic is causing an economic slowdown.
  • The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.
  • All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of 2008.
Are you looking to buy or sell?  we have the system that will work for you, 100% guarantee. Selling your home, we have the tools to help sell your home quickly, for cash and at the highest possible price.
When you hire us to sell your home, we’ll have access to the exclusive system that ensures your property is marketed online 24/7 through more than 450 of the most popular search engines with websites attracting thousands of investors and buyers as well in the area of NY, NJ, CT region.

Search All Homes For Sale
Home Valuation
Get an Offer in 24 Hours
Market Report
Seller Eguide
RossMery Mosquera
Winzone Realty
917-515-9783
Licensed In: New York
Contact Me

You Can Also Visit Us At:  Facebook Youtube Instagram

Tuesday, March 10, 2020

Sell My House in Queens, Brooklyn, L.I | Equity Gain Growing in Nearly Every State


Equity Gain Growing in Nearly Every State | MyKCM
Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact they have on a homeowner’s equity position.
Home equity is defined as the difference between a home’s fair market value and the outstanding balance of all liens on the property. While homeowners pay down their mortgages, the amount of equity they have in their homes climbs each time the value increases.
Today, the number of homeowners that currently have significant equity in their homes is growing. According to the Census Bureau, 38% of all homes in the country are mortgage-free.  In a home equity studyATTOM Data Solutions revealed that of the 54.5 million homes with a mortgage, 26.7% of them have at least 50% equity. That number has been increasing over the last eight years.
CoreLogic also notes:
“…the average homeowner gained approximately $5,300 in equity during the past year.”
The map below shows a breakdown of the increasing equity gain across the country, painting a clear picture that home equity is growing in nearly every state.Equity Gain Growing in Nearly Every State | MyKCM

Bottom Line

This may be the year to take advantage of your home equity by applying it forward, either as you downsize or as you move up to a new home.


THE WHOLE DEAL: FROM HIRE US TO CLOSING
Our Marketing Systems Are Design To
TARGET & ATTRACT QUALIFY SERIOUS HOME BUYERS.
Not Those Who Will Only BUY Your Home If They Can Steal It by Making Ridiculous
Low-ball Offers!  WE PRE-APPROVE EVERY PROSPECT… visit cash4homesNY.com
For more information.

To connect with me directly,

Please call/text Rossmery 917-515-9783 or email nyhomeseller@gmail.com

Search All Homes For Sale
Home Valuation
Get an Offer in 24 Hours
Market Report
Seller Eguide
RossMery Mosquera
Winzone Realty
917-515-9783
Licensed In: New York
Contact Me

You Can Also Visit Us At:  Facebook Youtube Instagram

Tuesday, April 9, 2019

Woodhaven North Just Listed! Multifamily Home Fully Detached.

84-05 90th St., Woodhaven, New York

Just Listed

$ Click for current price
6 BEDROOMS | 3 Baths (2 full, 1 half ) BATHROOMS |


Great Location Fully detached 2 family home in Woodhaven North, Queens. The property offers  3 Bedrooms And A Full Bath On Each Floor. The Second Floor includes a Nice size balcony.  High Ceilings, Wood Floors Throughout, And A Fully Finished Basement With A Separate Entrance.   This home is Located just 1/2  block from Forest Park and two blocks to Jamaica Ave., Woodhaven Blvd Subway Station "J" train, Schools, Shopping & places of worship.  Will Not Last!!!

Toll-Free Number: 888-881-6801 / Short Code Text Number: 26713 Text 26713 to 25678 to receive all the photos, details, school information and more via text 24/7.

Not working with a real estate agent?

Then call us to get a $2,000 bonus if we show you and you buy this or any of the homes listed here. *See terms below.

*$2,000 offer is only available to purchasers not under contract with a real estate agent. Offer available for the purchase of this home only and valid if shown and bought through the listing agent.