Showing posts with label home value. Show all posts
Showing posts with label home value. Show all posts

Thursday, November 3, 2011

First-time homebuyers use internet but still depend on agents!

Homebuyers, including first-time buyers, usually use the Internet for the preliminary work of finding homes for sale and collecting information on neighborhoods and recent sales. But those buyers, particularly if they are first-timers, often use real-estate agents to identify long-term value in properties, negotiate prices and ensure that deals go through.

Functions of real-estate agents
Many first-time homebuyers will not be purchasing their dream home as their first place, and often have difficulty seeing the true value in homes.  Many of these same buyers will be moving in the future so it is a good idea to think about resale when the buyer is purchasing. Buyers may not be aware of things like the problem of living on a busy street, or know to check on issues with homeowner-association covenants.


A real-estate agent can point out potential issues that could affect the resale price of a home and suggest small changes to increase the home's value.  When I'm showing a house that absolutely does not work, I dig into why it doesn't work. When we see other houses that may be a better fit, we discuss what does work for them and why.  First-time buyers should rely on their Realtor to provide them with data about comparable homes that have sold, how long a home has been on the market, what homes haven't sold and all the activity that has been happening in the local real-estate market. Ultimately, it is the buyer's decision what price and terms they wish to offer. However, buyers should be able to rely on their Realtors to guide them toward an educated offer on the home.  Negotiation occurs not only at the beginning of a transaction over price and terms, but also possibly after a home inspection, an appraisal and at other times between contract and closing.

Friday, April 29, 2011

Increasing your homes value by having a green thumb

Today it's gonna hit close to 70 degrees here in Denver and tonight it's gonna snow!!!!!!! I absolutely love living in a place where the weather changes day to day or even hour to hour. I grew up in southern California where there are no seasons and the same rang true in Hawaii. The tricky part about this weather is when to put winter stuff away (ie shovels, jackets, snow tires) and when to bring out the gardening supplies kiddie pools and fishing poles (although I did ice fish this year but that'll be in another blog). Gardening is one of my favorite spring time activities because there is nothing like planting fruits, vegetables, and herbs to eat throughout spring. Not everyone realizes this but that bountiful garden, flowers, and bushes you maintain year to year bring what we call "curb appeal" to your home So now you ask yourself what is "curb appeal"? Well "curb appeal" is what's gonna make a buyer choose your house to that one down the street that needs a new lawn and has no landscaping. One of the first things a buyer will see is the outside appearance of a home and a well-maintained landscape and manicured lawn is a great first impression. It is much easier said then done maintaining your yard takes a lot of hard work and time but it is very rewarding if done right. Make sure to talk to your local nursery about planting times and plants which are native for your region. Do research on when vegetables need to be planted and harvested for a bountiful harvest. I promise if you put in the time and research it takes to give your home "curb appeal" it'll payoff in the end