Selling Your Home – To Update or Not To Update

You are ready to sell your home, but there are a number of outdated aspects to your house.  You have wallpaper in the bathrooms and my favorite…brass colored runway lights over the bathroom sink (You know the ones that I am talking about!)  Should you spend the money and effort to upgrade or sell as is?  After all, it is easy enough for the buyer to do those things.  My professional advice is to spend the money and time to upgrade.  I’m not talking about spending millions to renovate your home.  I’m talking about strategically updating your home.  Will you recoup the money that you spend when you sell?  What you will do, is to place your house in a much more competitive position in comparison to others on the market.  You can definitely decrease the days on the market if you update and price correctly.  If you are considering selling, ask a real estate agent for their professional opinion on what needs to be done in your house to prepare it for selling.  And if you are in the Fayetteville, NC  area, sign up at www.debbiewaitleyrealtor.com to look at pictures of available homes and see how your home compares.

Reliability of Real Estate Information

As I work with a lot of home buyers and sellers, I can constantly see the effect of the HGTV network and the internet. These are great forums and buyers and sellers are coming to the table much better informed than they were 5 to 10 years ago. My word of caution to you is to realize that real estate, like many economic issues, is very geographically specific. It is true that there are general trends that affect everyone, such as tighter credit criteria, more foreclosures, lower housing prices and lower interest rates, that still varies greatly from one locale to another. When I have someone come into the Fayetteville market and expect to be able to buy a foreclosure at 1/2 the asking price, because that is the way that it happens on television, I have to explain to them that is not the reality in our market. Also, as I was getting ready for work this morning, I had HGTV on (yes, I love their shows), but the couple trying to sell their home and discussing their options had a calendar hanging on their wall for 2010, three years ago. A lot changes in three years and from place to place. So my advice to you is to learn what you can from television and the internet, but find a very good real estate agent that you trust and then let them guide you through the process. They are the expert in your local market and they will be able to give you the best advice.

To Stage or Not To Stage

We had a great meeting today at our Real Estate Office with Abracadabra Home Staging of Raeford, NC.  We are constantly trying to improve the service that we give to our clients.  With so many houses on the market today, we need to make sure that the houses that we list highlight their best features and stand out among the masses.  Thus, we called on the expertise of Tameka, the home staging magician.  She gave us a lot of good advice and information today that will help us help our sellers.  I intend to hire her to help me improve the marketability of a house that I recently listed.  The house has so much potential and Tameka will go in and work with the home owner to showcase that potential.  I know that the work that she will do will greatly improve my chances to help the owner sell her house sooner.  I’ll keep you informed on our transformation of the target house and our results. Contact me if you want Tameka’s contact information.

Coloring Contest

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If you happen to be in the Raeford, NC area between now and 10:00 on Saturday morning, December 22nd, stop by our Exit Realty 1st Class II office. We are located at 250 Lindsay Road. The little snowman pictured above is part of our coloring contest that is currently going on. If you are between the ages of 4 and 10 years old, you could win $50. Just stop by and get a copy of the snowman, print it off or email me for a pdf file. On Saturday morning we will have hot cocoa, donuts and Santa Claus while the posters are judged. Contact me for details if you have any questions. We hope to see you there.

Our Debut into Video

Well, you should have been a little fly on the wall in our office today at Exit Realty 1st Class II in Raeford, NC.  We got a call a little after lunch and our BIC, Candi, asked us would we all be available at 3:30 in the afternoon.  With trepidation, we agreed, except for Shannon, who needed to pick her truck up.  You never want to agree to something if you don’t know the full details.  Well, that proved true once more.  After we had committed ourselves, Candi informed us that there was a videographer coming from our other office to make a video of us.  Okay, an advertisement video to put on the website, no prior knowledge, no preparation.  Not good!   We really didn’t take it too serious, but then here he comes, camera and microphone. So Candi, who is the lest shy member of our entourage, jumps in front of the camera.  Thanks to Dixie, Candi’s hair is combed and she has lipstick on, ready to go.  The videographer says go ahead and Candi is off, full steam ahead.  I know that she talked a full 2 minutes and never took a breath.  She is so passionate about her company.  And that was the highlight of the video.  Next came Merassa, Dixie, Katie and myself.  We were all petrified, unprepared and uninspired to say the least.  The videographer, to his credit, suggested kindly to Candi that he come back another day, when we had time to prepare and perhaps even gather a little enthusiasm for the job to project onto the camera.  I really appreciate his honesty and consideration.  I work with the best group of people and we all love what we do.  It would really be a shame not give us another chance to portray that enthusiasm.  Stay tuned for our video debut, coming to a computer somewhere near you in the near future!