Dec 01

How can I sell my house in today’s market?

Curb appeal – Make sure your home has good curb appeal.  Curb appeal is the appearance of your home when a buyer first sees it.  The buyer will instantly form an opinion of your home the first time they see it, so you want to make sure the buyer has a great first impression.  They will also compare it to other homes in the area.  If your home doesn’t have good curb appeal it will lose the interest of the buyer and it may even be a deal breaker.

To help your house have good curb appeal you will want to make sure you remove any garbage or debris in the yard and mow and trim your grass and bushes.  You will also want to make sure your house is visible from the street.  You can do this by trimming or removing over hanging trees or bushes that may be blocking the view of the house.  Make sure there are no lose or missing shingles, your windows are clean and no trash cans are visible.  It is also good to have some colorful flowers in the yard as well as a fresh coat of paint on the outside of the house.

Have a clean house – There is a big difference for a buyer between walking into a nice clean house and walking into a dirty one.  To sell your house in today’s market you need to stand out.  Make sure your house is clean, make sure the dishes are done, the beds are made and there is no clutter.  You may even want to rent a storage unit to store all your unused things in there.

New Carpet and Paint – Buyer’s are looking for a house that feels like new or that is move in ready.  The best way to accomplish this is by adding new carpet and paint.  When selling my homes that I rehab I always add new carpet and paint.  It is amazing the transformation this makes on a home.  Often times the home looks completely new.  When you add new carpet and paint you want to stick with neutral earth tone colors.  These colors will appeal to most buyers.

Updated Kitchens and Baths - Kitchens and bathrooms are huge sellers of homes.  If you have an old outdated and small kitchen it will definitely be harder to sell your home.  Buyers like big spacious updated kitchens with nice clean updated bathrooms.

Updating kitchens and baths can be expensive, but adding some new tile and a fresh coat of paint can definitely help.  Depending on the area and the style of home, painting the cabinets is enough of a change to give it a new updated look and feel.  If you have the budget, adding new paint, flooring, cabinets and granite counter tops will make your kitchen and bathrooms pop which will go over big with potential buyers.

Pricing – Pricing is obviously one of the biggest factors when trying to sell a home in this market.  When it comes to pricing you need to do your research and determine what other comparable properties in your area are selling for.  Comparable properties or comps are properties located in the same area with approximately the same number of bedrooms, bathrooms, square footage, lot size and year built.  Other factors are also considered, such as what type of home it is, and things like garage size.  The condition of the property is also a big consideration when comparing your property to others.

When looking at comps you always want to look at the sold properties in your area.  Ideally you would look at the properties that have sold in the last 3 months.  Depending on the area sometimes you have to go back further for these comps but the shortest amount of time for sold comparable the better.

You also want to look at active comparable.  Active comps are the houses you will be competing against to sell your home.  To sell your home fast in today’s market you need to have the nicest house selling for the lowest price.

If you have tried these tips but still can’t sell your home contact us or visit my sellers website and we can buy or help you sell your home.

Nov 30

Joe Herrera Explains Introduction to Real Estate

Hi my name is Joe Herrera with JH Real Estate Solutions. This blog is an introduction to me, my company and about what I do.

First of all, I am passionate about three things; taking care of my family, Real Estate Investing and helping others. And I have found throughout the years that I can I can take care of my passions by just doing one of them and that is real estate investing.

First of all, the money I make through Real Estate Investing helps me provide for and take care of my family. Secondly I have helped others in so many ways through real estate investing. Here are a few:

  • I do rentals and this helps people by providing a clean affordable home for them to live in.
  • I buy bank owned properties which gets the property off of the bank’s books so they have more money to lend which helps boost the economy.
  • I do rehabs or fix and flips, these properties are bank owned or often times vacated by the previous owner that need some or even a lot of work. These homes are a big eye sore in the communities and neighborhoods they are in and bring the property values in the area down. I buy them, fix them up and put a nice family or working professional in them helping revitalize the community and increase property values.
  • I help fellow real estate investors find money for their deals or find deals for their money. This helps the real estate investor take care of their family by the income they earn as well as gets ugly houses off the market revitalizing communities.
  • I help people who are not getting the returns they want from their 401ks or IRAs get a better return. I recently read an article that stated over the past 20 years a typical mutual fund investor has averaged only 3.83%. The thing about the stock market is you have no control. I help people get a 10%-12% return backed by real estate.
  • In today’s economy there are so many people who are upside down in their home who can’t sell it and there are people who can’t qualify for a loan due to the strict lending standards we are faced with today. What I do is match the two up, I sell unsellable homes to buyers who can’t get traditional financing. This helps the buyer by getting them into a home they couldn’t normally get into. This helps the seller by getting them out of a bad situation and helping them avoid possible foreclosure.

These are some of the things I do to fulfill my passions! If you have any questions about this blog, or know of anyone who I can help please contact me by phone at 801-864-6737 by email joe@jhrealestatesolutions.com or browse my website www.jhrealestatesolutions.com.