It's fall and your house is on the market. There are a few inexpensive steps that you can take to transform your bright summer style and decor into the new season. Consider transitioning for a feeling that leaves your warm and cozy and ready to bundle up for a hot cider and football game.
1. Curb Appeal
The exterior of your home is the potential buyer's first impression. It is imperative that you keep your lawn and shrubs maintained, but also keep your gutters free of debris, siding and driveway clean and use seasonal decor and potted flowers to add a touch of color.
2. Natural light
Natural light is essential to highlighting your home's best features. Keep blinds open when showing your house and use mood lighting and lamps for additional illumination.
A fresh coat of paint is a classic way to revive the interior of your home. Rich, neutral tones will offset pops of color in your home's decor.
Show off features of your home that will draw potential buyers to them in this cool season. Arrange your living room furniture around the fireplace, incorporate cozy throws and pillows on couches and bedding and drape plush towels on hooks in your bathroom.
5. Less is more
As always, de-clutter for maximum benefits. The idea is to entice buyers to your home's natural features, not your personal taste. Simple fall foliage, cozy textures as well as seasonal colors and scents will tempt their senses and stay in their minds long after they have left.
Memphis-area home sales for August declined 24.7 percent from a year ago, with 1,293 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales decreased 11.8 percent from July, when there were 1,466 total sales. Average sales price from August-to-August increased 11 percent to $161,191. Inventory decreased 0.5 percent, with 6,770 units listed for sale. YTD sales volume decreased 1.2 percent to $1.58 billion. Click here to view the full August report.
Source: Inman News
September 4, 2014
Automated valuation models often overlook key property-specific variables
There are dozens of Internet sites out there that reveal how much your home is worth. They are called “automated valuation model” (AVM) sites, which use statistical modeling techniques that calculate the property value by comparing it with similar-sized homes that have recently sold in your area. These tools crunch their data with publicly available numbers from several listing services and combine them with regional trends to set a sale price for your property.
Cool, right? Now, here is the question that every seller asks themselves: Do I still need a real estate agent to help me through this “assessment” process? Well, there is a reason for the existence of a real estate agent; actually, I should say there are several reasons why these professionals are so important in any real estate transaction. May I dare to list these reasons?
1. These tools are not always accurate
2. There are several factors contributing towards the price of a home that the tools do not necessarily catch
3. Here is where a Realtor’s experience counts — A LOT — in this process
Read the full article here.
Maria Krahn is an Affiliate Broker with Marx-Bensdorf, REALTORS... Maria has earned the Senior Real Estate Specialist designation as well as the Accredited Buyer Representative designation..
Maria Krahn, ABR, SRES
5860 Ridgeway Center Pkwy Ste 100
Memphis, TN 38120
Firm License #59679
Agent License #328329