Archive for the 'Tips for Sellers' Category

Economic Stimulus and Housing.

Jen Hudson, GRI -

Economic Stimulus and Housing. by Jen Hudson, GRI
 
How will another economic stimulus package effect home sales?  According to National Association of Realtors Chief Economist Lawrence Yun, he says it is worth 7 percentage points.  Let’s explain what that really means. 
 
While I haven’t counted the numbers yet, we should finish off 2008 with somewhere around 5 […]

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The Reality of Real Estate Today.

Jen Hudson, GRI -

I saw this article and thought it was a perfect description of what we’re experiencing today.  It’s written by Brian T. Larrabee, the founder of Estate of Mind, Inc.

The housing market right now is like a boxer whose face is covered in blood.
 
Underneath the mess, however, is a far less than life-threatening cut. Only the sweat of […]

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Be the Bank.

Jen Hudson, GRI -

 
Let’s admit it.  Making money in real estate during times of appreciation and free flowing financing does not take skill, negotiation or fluent understanding of the market.  For the last decade, you could have pretty much bought something with your eyes closed and still made money the next year.  Did you notice that “real estate […]

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Not What You Thought? Considerations You MUST Make Before Investing.

Jen Hudson, GRI -

Not what you first thought?  Considerations you MUST make before investing. 
 
Investing in real estate can certainly be a lucrative investment, but only when done right!  The flip side of that is that it can also turn out to be not only a financial nightmare but a huge burden emotionally when done wrong.
Before you even start […]

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Sellers, how do you compete against DESPERATE sellers?

Jen Hudson, GRI -

I recently had the situation arise where a buyer I was working with was drawn away from a beautiful home, for the chance to buy a short sale.  Unfortunately, this is not the first time I have seen this and it got me to thinking.  How are my sellers supposed to compete […]

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Why People Buy.

Jen Hudson, GRI -

There are three main reasons why people buy homes. 
The first is the economy and ours is great!  We have three major hubs - technology, aerospace, and medical research.  Boeing has orders for the next 22 years, is currently hiring like crazy and their employees are on mandatory overtime.  Costco is looking […]

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We live in a litigious society. Be cautious.

Jen Hudson, GRI -

 
I love selling real estate.  Each day, I wake up and I’m excited!  I get to sell real estate!
Unfortunately, our society is a very litigious one and we need to take precautions to avoid misunderstandings down the road between all parties involved. 
Here are some points I always consider to help me down […]

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Why Real Estate?

Jen Hudson, GRI -

Why Real Estate is Better than Stocks.
The thing I love about real estate is that it allows you to leverage your money. Here’s what I mean. Let’s say that you have $40,000 to invest.
 
Option 1.  You find an income producing property, maybe a little run down that is only $200,000.  You put 15% down, or $30,000 and […]

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10 Questions to Ask Every Agent

Jen Hudson, GRI -

1) What is your average list price to sales ratio?
Every agent should know their list price to sales price ratio.  If you are a seller, you want your listing agent to have a ratio as close to 100% as possible.  This reflects their experience in the local market and accuracy of pricing.  If you are […]

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Sellers - 10 Questions to Ask Every Agent.

Jen Hudson, GRI -

With so many real estate professionals, how do you choose just one?  Here is a list of questions that I would recommend you ask each agent you interview, to see how their service and results compare.  You want to make sure that not only you choose the right professional for the job, but also make sure […]

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