Monthly Archives: March 2015
Do You Want To Shoot Yourself In The Foot? Sell Your Home Off-Market Or Don’t Expose It To The Multiple Listing Service With An Open House – That Will Do The Trick Every Single Time – Guaranteed!
No matter what you call it, “off-market, private, or pocket listings” are on the rise again as sellers are somehow being persuaded again to keep their properties off of the Multiple Listing Service and out of the stream of commerce during this “red-hot” real estate market. The typical “song-and-dance” they are told is that by keeping their property listing ‘private’ their privacy will not be invaded by troops of public gawkers walking through their homes, and that they will not have to hassle with signs, lock-boxes, and agents showing their property, etc. Whatever the rationale that is being sold to sellers it is unfortunate because they are actually unknowingly leaving large percentages of potential profits on the table.Read More »
I can’t remember a listing where my client didn’t ask me, “[H]ow many offers will I get on my house? It’s a crystal ball question, but usually the answer is – “we will probably get several if we price it correctly.”
The juggernaut seller’s market continues to march forward like a rapid moving lava flow covering the entire landscape in its path. Needless to say this market condition is confounding to buyers looking to get a piece of Silicon Valley real estate and claim their stake for their families. Low inventory combined with the high-tech industry seemingly on fire continues to keep prices moving higher and higher. There are many qualified buyers in every price range and it is difficult to be successful when there is such great competition.Read More »
Attention Downsizing Baby Boomers – Sell Your House, Protect All Your Equity, and Pay NO Capital Gains Taxes with this Simple Strategy Using Tools Congress Gave Us
Many of my parent’s friends who have fortunately accumulated significant equity in their homes over the last several decades are faced with a dilemma of downsizing into a smaller home because they can no longer conveniently or adequately take care of their properties. Importantly, many of them desire a simpler-smaller property, usually all single-level, accessible and easy to maintain. The problem exists because if they sell their home with substantial equity they face significant capital gains exposure even with the IRC Section 121 exclusion in place.Read More »
Cost Value Ratio 2015 – What Are The Best Improvements Sellers Can Make To Improve Return-On-Investment?
Last year I wrote an article on “Cost-Value Ratio” or more appropriately what improvements are the best return-on-investment for homeowners or sellers – see link right here – http://shellyrobersonrealtor.com/home-improvements-critical-now-more-than-ever/. Home improvements are critical for sellers and buyers alike, but are sellers getting the right advice? Consistently I see mistakes by sellers, usually at the advice of their realtors. Here is some factual evidence that sellers can use, despite their realtor’s advice, which have real data to back up the recommendation.Read More »