What Is Right Price Of Your House

Because of the change in real estate market conditions, more sellers are competing for fewer buyers. So once again, it seemed important to challenge a long-standing "myth" of real estate. It is believed that the initial listing price isn't that important because the price can always be adjusted down later. This is a myth, and not true.

If most buyers first viewed your house because of a newspaper ad, a magazine, the internet, brochures, or the sign in your front yard, the initial listing price probably would not make a difference. The house would always be "new" to those seeing it. However, most buyers do NOT come to your house because of various types of advertising. That is another myth.

Sure, buyers call on an ad, they often LOOK at that house, but not always. Once they talk to an agent, they may discover it isn't what they need. They are, however, talking to an agent. That agent knows the current inventory and will know of other property that DOES fit their needs.

Those are the properties that buyers look at, and THIS is how most buyers end up looking at your house, too. Because of other agents, not because of your ad. It is very rare that anyone buys the house in the ad.

As a result, you need to get other agents interested in your property, and this is where your listing agent comes in...and why a good listing agent is extremely important. The listing agent gets buyer's agents looking at your home.

The most important factor in selling a house is still the list price. If your house is overpriced, agents are going to show similar homes that are priced more attractively. Your listing will get passed over. Agents pay MOST attention to homes newly on the market. There are fewer NEW listings than current listings. It is easier to keep an eye out for what is NEW, compared to the vast number of current listings. New listings are on the "hot" sheet circulated in real estate offices. The MLS computer identifies new listings. Your listing agent may hire a service to distribute fliers to all the buyer's agents. There are office previews and MLS tours to showcase new listings. A lot of attention is focused on what is NEW.

How To Find A Home Builder

Five Trick for finding a home builder

1. Solicit Referrals from Family and Friends
Your friends and family know you best. If they have bought a new home from a homebuilder, ask them how they found the home builder and who they recommend (and indeed, who they would avoid). If you have been inside their home, ask yourself if you like it and ask them if they are having problems. Remember, a referral from friends and family is more valuable than one from a stranger - or a marketing pitch.

2. Research Area Home Builders
87% of future home buyers begin their search online for the simple reason that, because a new home purchase is the biggest purchase of a lifetime, it is best to know your options. But there are a lot of new home builders out there. In busy markets like North Carolina, there are literally dozens all competing for business. Visit their websites. If they invest in a good website with valuable information, it shows they care about demonstrating professionalism and integrity. If they speak to your needs (upmarket, first time home buyer, large family, etc.), it suggests they have worked with people like you. If a website is all glitz and little substance, do not call. If the site has valuable information, interactive floor plans, new house plans, sample photos and the functionality to print plans and brochures, this demonstrates competence. So if you like the site - and like the information it contains - sign up for information. You may be given special promotions and will be the first to hear of new offerings.

3. Research the Experience of Previous Customers
It is extremely unlikely that you will be the first person to buy a home from a prospective homebuilder. Because the internet offers such a diversity of voices and opinions, if you do not know anyone who has worked with a considered homebuilder before, see what the online community has to say about the home builder. Some homebuilders have inspired such contempt that websites exist to showcase reasons to avoid them while others have created incredible loyalty. A little research may save you hours of pain and thousands of dollars.

4. Tour Model Homes and Ask Questions
When a home builder unveils a community of new homes for sale, there will be a model home open for public tours. Take one. Some "tip of the iceberg" questions to ask include: How often will access to the new home be given during building; Are there any fees required that need to be paid upon closing; How many times has a given plan been built; Is there a premium on the home site; What will be built on adjoining properties; What are area zoning laws; and How is code-compliance guaranteed?

5. Read the Paperwork
The new home purchase is a major decision so take the time to read all documents thoroughly. If something is unclear, ask questions. Everybody says "read the fine print" but in this case, perhaps more than any other, this is crucial.
-
Visit our site UK Bid Directory- Primiam Web Directory

Be carefrull when Investing Real Estate

Author of the “Cash Flow Quadrant” book, Robert Kiyosaki, says his “Rich Dad” asserts that investing isn’t rocket science. Rich Dad suggested it was just a matter of using common sense. But we all know that wisdom isn’t, in fact, all that typical.

According to Kiyosaki, the lowest levels of investors are individuals who simply have not studied the process. They assume that investing is either too risky or a scam. Others skip their do-diligence and end up suffering a loss.

The smarted advice anyone can give you having to do with investing in real estate is just to educate oneself. If, in your rush to “get rich”, you jump in without that education, you’ll be doing yourself a tragic disservice. Time is your most important resource and if you waste that, you’ll usually find that your money will be lost as well - money you have that you end up squandering, equity you could have earned if you’d just taken the time to master the process.

“That is just fine and dandy,” you may say. You presumably will accede that education is typically a helpful thing. Knowledge is power, after all…. But “what instruction should I get?” might be your 1st question. Your second question is probably going to be, “How do I go about getting it?”

The 1st skill you may want to study is some fundamental accounting, which isn’t as ambiguous as it appears to be. Accounting is the language of finance. If you are going to invest in a business or an investment property (or whatever), you’ll need to be willing to check up on it and see if it will be an asset (earn you money) or a burden (lose your money). It seems like logic when you ponder it, doesn't it? But in order to be able to ascertain these things, you’ll want to be able to read accounting-statements.