How to Pick a Realtor to Sell Your House Fast

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How to Pick a Realtor to Sell Your House Fast

Trying to sell your house fast? How you choose your Realtor may make all the difference to selling your home. Times are tough today, and it couldn’t be tougher than trying to sell your house in the current economy. Depending on where you live, only 5% of listed houses sell. That means that the chances of you selling are pretty slim if you are not the best. Being the best means being priced the best, own the most in demand floor plan, be located in the best school district, have the best neighbors, be located in the best neighborhood, display the best curb appeal, be in the best condition, be the best at having it ready to show at a moment’s notice, keep it immaculate 24/7, have the best team working for you to sell your house, while hoping the buyer has the best team working for her to buy your house. If the above apply, you have nothing to worry about, so let’s focus on finding the best agent that can help determine if you „truly“ are the best value on the market.

First, let me run some statistics by you.

  • About 80% of agents quit after their very first year in the business. If the agents are good enough to make it through year one, 80% of them will quit by year five.
  • The average agent closes 5-9 transactions a year.
  • Would you believe the average income is only $12,000? The scariest part of the statistics is that those numbers are not reflective of the current economy. We do not have statistics out for this year yet. I can almost promise the turnover rate is much greater now and the sold transactions are a lot less. So who and how do you pick an agent to sell your house fast?

    Please use caution when hiring an agent if a friend recommended them. I have gone through more agents than my wee brain can conceive. AND, all of them were recommended. The problem here is that just because your friend or family member had success selling their house with that agent, may have nothing to do with the agent. 90% of buyers are finding their homes on the internet. Is it possible that their house was so awesome that any moron could have sold it? Your friend’s agent may not know your area, your neighborhood, your price point, or the market you live in. For example, I do not ever want to work with an agent that is use to listing $500,000 dollar homes if my house has been a rental in a not so good area for and going to be listed under $100,000. They will not be in their comfort zone and probably won’t want to ever go there and show it. Sadly, most will never be honest and tell you this fact. They will gladly take the listing, and sit back hoping someone else, like a buyer’s agent sells the house for them. In the current housing crunch, a lot more needs to be done than sitting back waiting for someone else to sell your most expensive asset.

    Agents are the best for giving you the old dog and pony show. This is the main thing they work so hard to be good at it. Once they lasso you in, they get to kick back and wait to see if your house sells. Please do not go with an agent, just because they tell you all of the great things they are going to do to sell your house. Most of it is hogwash and will never get done. If you don’t believe me, ask around and find out how many people had a horrible experience with agents. Even when I get them to put in writing, all of the open houses they will do, the mailings they will send, the places they will advertise, they still don’t do it because they know you probably won’t check on them. When you hound them for the open houses, they will say they don’t work.

    I like to look at results. I want the top teams working for me. Who is the team out there advertising „#1 Team in Carolinas“. If the team you choose is #1, they probably have their business down to a system. They probably have people in place to handle all of the different things that come up during the contract period. Plus, I like knowing someone will answer the phone and get me answers quickly. I have had so many one man „teams“, and the agent cannot do everything they need to do to give the kind of customer service people expect. For instance, if I call the agent I hired and they do not answer my call or it takes them days to get back to me, do you think they are answering an unrecognized phone number that is calling on his sign that sits in your yard. Believe it or not, I have had a number of people come to me directly saying they left messages for my agent and never heard back. Now, when you hear this a number of times, don’t you think there is a reason? When you confront the agent, they will give you a great excuse and you will believe it, because you don’t want to fire them and spend more time interviewing other agents. You not firing their sorry butts is house selling suicide! You will not sell your house if your agent does not answer the phone, return calls, follow up, communicate, etc… So, if you have a number of teams you are interviewing, test them. Call their signs, call their ads in the paper. How many times do you reach them or someone from their office? Find out what kind of results they have had in the last three months. Who cares about their results in 2005 when even a monkey could show you results. Times today are totally different.

    Once you narrow down your team, I want you to keep your eyes open. What kind of marketing are they doing? Where are they putting their ads? Do they send mailers out? Not the ones promoting themselves. I know you have seen the postcards. They are so big and beautiful, reading something like „SOLD“. When I am selling a home in a neighborhood that is popular for young couples renting, that will be buying, I always send out a „just listed“ postcard. I have sold more houses to renters in a neighborhood or their friends. If the agents will make tens of thousands off of your profit, shouldn’t they do more than just take a few pictures and upload the information on the internet? Think about it…even if they measure and play nice by talking with you for a few hours while listing your house, how many hours do they really have into the deal if it sells? Now take the commission and divide it by their hours into the deal, and I can promise you they are making more than brain surgeons and attorneys.

    So you like the fact that they have a team, they advertise, they are number 1 or 2 in your area, they know your neighborhood, now what. Now you will want to figure out where to price your house. Do not just take what they say at face value. Have them show you the active, pending, and closed listings in your neighborhood. Here is a true story for you…I have sold a lot of homes in this one neighborhood. I have sold five, which is good for a small neighborhood. Mine have all had the fastest selling times and the highest price per square foot due to the quality of renovation I do. I decided to list with an agent because I kept seeing her signs in the neighborhood. She was super nice, bubbly, well dressed, well spoken, and very likable. As it turns out, we got a low ball offer from someone that could clearly not afford the house. I knew we would get a certain price point and I countered. She was very upset with me and told me we would never get what we wanted for the house, even though she took the listing and thought we priced it too low, or so she said when she was jockeying for the listing. The offer was $130,000 and the house was listed at $210,000. She wanted me to take it, even though it had not been on the market long and it was priced well. WTH? Is that what you were thinking? Me, too! Since she could not convince me to take this horrific offer, she resorted to the most unethical thing any slimball can do. She found the worst foreclosed sales in the neighborhood to try to convince me to take the offer. She knew that the appraisers would not even use those sales for our appraisal because those were not the norm for the neighborhood since the neighborhood was in demand, and the conditions were horrendous! We are talking black toxic mold, old lead based paint, and about a $100,000 rehab needed. Her desperation to get a sale, at my loss, led to such unethical behavior. Fortunately for me, having been in every house to be listed in that neighborhood in the last two years since investing there, I knew my competition. I knew every house that sold and why. I knew where to price things and what to do to them to make them move. Needless to say, four weeks later, I got a full price offer of $210,000 in a down market. The reason was because I was the best deal based on the condition, size, and price point and the buyer had to have it!!!!

    Be careful, and always ask to see the sales. Make sure you are comparing apples to apples. Do not list your house at a price that is above the other houses. Make sure you read the comments of the sold properties. Were those properties renovated? Did they have features you don’t have like granite or stainless steel appliances? Does their street look better because their neighbors keep up their houses better than your neighbors? Make sure you are priced well, and do not overprice your home. You do not want to be the highest in the neighborhood, even if you have more square feet. People want a deal. If you can price your bigger house that is in better condition lower than the smaller one that needs work, which one do you think will sell? After you have decided on where to price it and with which team, it is now time to do the paperwork.

    Do not give your agent an exclusive listing meaning they can tie up your property for as long as they want. Most will try to get you to sign a one year contract. I give them a non-exclusive agreement, meaning if I find my buyer, I don’t pay them a commission. I will reimburse them for a marketing fee or fee for their time, but this needs to be put in writing in the beginning. If they pressure you for the exclusive listing, where you owe them a commission whether they find the buyer or not, only give them a short window like 30 days. Agents will tell you that no one will take either one of those terms, so you say…next! Some agents are now advertising, „fire me for any reason“, just know what that entails and how much you have to pay them if they try to stick you with advertising costs. I can’t tell you how many times I find my own buyer. It is maddening to me because I don’t want to find the buyer because I have other things on my plate. What happens is the agent doesn’t do the mailings, the Craig’s list, the other zillion things to market the property, so I do it and BAM , the property sells. The craziest part of all is they still expect a commission, even though nothing they did worked. I have lost a lot of relationships because I do not like this entitlement mentality. It is not fair to the seller. If anything, the agent should pay you for not working on selling your house. They should pay you for costing you money, time, and stress. Never has one agent even apologized for wasting my time or money. They make it seem like I am the bad guy because I get a buyer. Isn’t it fun, had they only done, what I hired them to do, they would have gotten a buyer as well, but that would require work. I can hear it now, „How dare you expect me to work on your property mister seller.“

    The last thing I want to do is scare you. If you have the facts, you can be more prepared in selling your house fast. Many agents disappear once they get your listing. I do believe most are unethical and only care about their own benefits, not yours, even though when they got their license they took an oath to be ethical. I have seen agents not let their sellers in foreclosure out of contracts to sell their own home to a friend or family member, save their credit, and ease hardship because the agent wouldn’t get their commission. If a seller has to lower the price so low, that they can’t pay a commission, but can avoid foreclosure, and the agent did not bring them a buyer, I feel they should be able to get out of that contract. I have seen agents not negotiate on taking less commission to save a deal and make a sale happen. Do not get yourself trapped! Have an out. Know what you are signing. If you do not, hire an Attorney. Go sit down with him for an hour and have him read the contract.

    There are some excellent, ethical agents that have mastered selling real estate. The key is for you to find them. You may not like them individually, but if you know they have the most sales, advertise a ton, get back to people quickly, do what they say, and have a good reputation with other agents, than give them a try.

    If you only take one thing away from reading this article, make sure it is the following: Do your homework researching and testing agents before you hire them. If you do not, it is your own fault if your agent doesn’t perform and will cost you more than you can ever imagine.

    www.homesolutionsgroupinc.com is has been buying and selling houses throught many different markets and would like to share with you some techniques you can use to price your home to sell fast.We purchase houses in and around the following locations: Carolina Beach | Kure Beach | Wrightsville | Beach Bayshore | Castle Hayne | Hightsville | Kings Grant | Kirkland | Masonboro | Murraysville | Myrtle Grove | Ogden | Sea Breeze | Seagate | Silver Lake | Skippers Corner | Wrightsboro and other areas of North Carolina.

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Immobilienmakler Heidelberg

Makler Heidelberg

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Source by Home Solutions

How Soon Can You Be Evicted After The Foreclosure Sheriff Sale?

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Homeowners in foreclosure are rightfully worried about not being able to save their homes and how quickly they will be evicted after the sheriff sale. Although the lender and various „experts“ will threaten them with the sheriff showing up the next day to violently kick them out of the house, this is just not the case in foreclosure situation. The county sheriff and the eviction crew will not show up the next day after the sheriff sale, and homeowners should ignore the fear-mongering that threatens this possibility.

Owners should be aware of the implications of the foreclosure auction, though. The sheriff sale will transfer ownership of the property, and the foreclosure victims will not own the house after this point. But this does not mean that the eviction process will happen automatically right after the house is auctioned, as there are more steps that will need to be taken by the new owner.

The high bidder at the auction will most likely have to have the sheriff sale confirmed (this is not a specifically detailed step in every state). This can take from a few days to a couple of weeks after the auction, depending on how quickly the courts and new owner act. But this is generally just a simple step in the foreclosure process after the sale that involves the sheriff and judge confirming the auction was for a legal amount and that the deed has now been awarded to the new owner.

The new owner will most likely be the original foreclosing bank that the homeowners had been dealing with in the first place to stop foreclosure. About 95% of foreclosures end up being purchased by the lender, rather than a third party.

In order to evict former homeowners, the lender will have to request the court grant it possession of the property and order the county sheriff to evict any remaining people or personal items and change the locks. This is a legal process, though. Homeowners should not fear that a bunch of government thugs with badges and guns will show up at their house the day after the sheriff sale to kick them out. Of course, this is exactly what happens, but at a later date if the foreclosure victims do not move out in time.

But the entire eviction process can take up to a month after the sale; throwing people out of their homes is not a simple process before or after a county auction. The court will have no problem ordering the eviction (unless the former owners go and try to contest the sale, eviction order, etc.), but the sheriff’s department will have to give notice of the impending removal. This can be as little as posting a piece of paper on the property with three days notice to move. Thus, after the sheriff sale, former homeowners better be prepared to leave on their own or work out another solution.

People facing foreclosure should not be overly concerned about being kicked out of a house with little notice. The sheriff will not just show up the next day or a few hours after the sheriff sale, as there is still a legal process that must be followed for a bank to take back possession of a foreclosed property. Homeowners probably have at least two weeks to a month after the sheriff sale date to arrange for a new place to move into.

In any event, homeowners are always encouraged to call the sheriff’s department to ask them when then eviction will take place. Even more promising, they can also usually ask for a few extra days or a week in order to move everything out and give up the house peacefully. There is still a chance to negotiate with the local government for more time (courts and sheriff) so that the former owners are not taken by surprise by the eviction.

Thus, the banks and government officials will not evict foreclosure victims right away after the auction, but there is no time to spare, either. Having a couple of weeks to move out can give people a chance to find a place and move in at their own pace, but even a month-long eviction process will go by very quickly. If in doubt, homeowners should contact their local government officials and ask about the eviction — the courts or sheriff will be able to inform them of the date and try to work out the most reasonable solution. They want as little trouble after foreclosure as the former homeowners do.

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Immobilienmakler Heidelberg

Makler Heidelberg

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Source by Nick Heeringa

Investment Banking For Dummies(R)

Investment Banking For Dummies(R)

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Enrich your career with a review of investment banking basics One of the most lucrative fields in business, investment banking frequently perplexes even banking professionals working within its complex laws. Investment Banking For Dummies remedies common misconceptions with a straightforward assessment of banking fundamentals. Written by experts in stock market proceedings, this book runs parallel to an introductory course in investment banking. It clearly outlines strategies for risk management, key investment banking operations, the latest information on competition and government regulations, and relationships between leveraged buyout funds, hedge funds, and corporate and institutional clients. With this reference, you can ace investment banking courses and grasp the radical changes that have revamped the stock market since the financial crisis.Provides an advantage in one of the few fields increasing in employment opportunities instead of shrinking Thoroughly addresses the dramatic financial changes that have occurred in recent years and outlines expectations to prepare you for the future Helps business students become more marketable to potential employers by teaching the practical aspects of finance and investment banking, how to value a company, and how to construct a financial model No serious business student or banking professional should be without the basic knowledge of issuing bonds, stocks, and other financial products outlined in this excellent resource.



Was ist meine Immobilie wert

Immobilienmakler Heidelberg

Makler Heidelberg

Immobilienmakler Heidelberg
Der Immoblienmakler für Heidelberg Mannheim und Karlsruhe
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Werden kommerzielle Zoning Ihren Immobilienwert erhöhen?

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Wenn du die richtige Kombination von Artikeln hast und du ein umfangreiches Taschenbuch hast, kann dies dein Ticket zum Ruhestand sein. Aber manchmal ist es dein Ticket für das arme Haus.

Ich schaute auf ein Haus, das gemischt gemischt ist. In diesem Bereich bedeutet dies, dass man entweder die Residenz als Haus nutzen oder die Residenz als Gewerbegebiet nutzen kann. Diese Arten von Websites sind in der Regel auf niedrige Auswirkungen Elemente wie Bürogebäude, Wohnungen, etc. begrenzt.

Was ist der Fang? Nun, du musst ein groß genug Grundstück haben, um eine kommerzielle Arbeit zu machen. Dies ist der Grund, warum Sie fünf Häuser entlang einer belebten Straße alle zum Verkauf auf einmal sehen und die Zonierung ist kommerziell. Dies ist, weil für die kommerzielle Entwicklung genehmigt werden muss, muss es ein groß genug Paket, um die kommerzielle Entwicklung zu machen.

In der Regel für gemischte Wohn-Zonen, sind diese Bereiche in der Nähe der Stadt oder in der Nähe von anderen Wohnungen Oder Geschäft in der Gegend. Ich habe mehrere dieser Arten von Eigentum beurteilt. Viele Male, Werbung für die Zonierung als gemischte Nutzung ist genug, um das Haus für mehr zu verkaufen, nur weil es zu diesem bestimmten Käufer, der in der gleichen Heimat leben will und führen ein Geschäft aus dem Haus zu appellieren. Ein Haus, das ich beurteilte, bot einen Wohnbereich auf der Hauptebene an und ein Tageslichtkeller bot Bürogebäude an, die vermietet wurden.

Mein Verständnis ist, dass einige Banken, die sich auf Wohngebiete spezialisieren, kein Geld für gemischte Gebrauchseigenschaften ausleihen . Dies ist natürlich ein Untergang, wenn Sie versuchen, ein Wohn-Darlehen zu bekommen. Einige Käufer werden nicht wollen, ihre Wohn-Haus für Bürogebrauch zu verwenden. Dies wird die Anzahl der Käufer, die Ihr Zuhause kaufen möchten, beschränken.

So wird die kommerzielle Zonierung Ihren Immobilienwert erhöhen? Wenn Ihr Haus ist ein Wohnhaus mit der besten Nutzung als Wohnnutzung, kommerzielle Zonierung kann Ihren Hauswert zu verringern und machen es schwierig, ein Darlehen zu bekommen und machen es schwierig zu verkaufen, weil Sie sich auf einer belebten Straße befinden. Wenn Ihr Haus ist Wohnnutzung und die höchste und beste Verwendung ist es, eine kommerzielle Struktur zu bauen, am häufigsten wird Ihr Land als kommerzielle Nutzung verwendet werden mehr wert als Ihr Haus als Wohnnutzung verwendet.

So, die Moral Der Geschichte ist, einen offenen Geist auf diese Arten von Eigenschaften zu halten. Ich sah an einigen Häusern den anderen Tag an, wo das Haus ein älteres Wohnhaus mit einem größeren Los ist. Die Zonierung kann von Wohn-zu kommerziellen für $ 1500 umgestellt werden. Wohnhäuser mit größeren Losen mit ähnlicher Zonierung verkauften sich für $ 350.000 bis $ 400.000. Wohnhäuser, die auf kommerzielle Zonierung geschaltet wurden, verkauften sich für $ 500.000 bis $ 700.000. Also für $ 1500 und einige Zeit, wäre dies eine gute Investition für Ihr Geld.

Was ist meine Immobilie wert

Immobilienmakler Heidelberg

Makler Heidelberg

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Source by Tim D Page

Grundlagen der Immobilienwirtschaft: Recht – Steuern – Marketing – Finanzierung – Bestandsmanagement – Projektentwicklung

Grundlagen der Immobilienwirtschaft: Recht - Steuern - Marketing - Finanzierung - Bestandsmanagement - Projektentwicklung

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Was ist meine Immobilie wert

Immobilienmakler Heidelberg

Makler Heidelberg

Immobilienmakler Heidelberg
Der Immoblienmakler für Heidelberg Mannheim und Karlsruhe
Wir verkaufen für Verkäufer zu 100% kostenfrei
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Vor- und Nachteile einer MLS-Suche

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MLS-Recherchen (oder Multiple Listings Service) basieren auf dem Prinzip; "Hilf mir, mein Inventar zu verkaufen, und ich werde dir helfen, deine verkaufen zu verkaufen." Es ist ein einzigartiges Konzept, obwohl man nicht viele andere Branchen verwenden. Immobilienmakler erkennen die Fortschritte in der Technologie an, sobald MLS-Recherchen populär wurden und bereit sind, die Vor- und Nachteile von MLS-Abfragen an interessierte Parteien zu präsentieren.

Nein Für Verkauf durch Inhaber (FSBO) Optionen

Einer der großen Nachteile für MLS-Recherchen ist Sie beinhalten keine Häuser, die vom Eigentümer verkauft werden, es sei denn, der Verkäufer hat einen bestimmten Prozentsatz der Provision an die Makler ausgehandelt. Wenn Sie sich für FSBO interessieren, muss der Käufer potenzielle Nachbarschaften für FSBO-Zeichen durchsuchen und einen Preis in ihrem Sortiment verhandeln. Wenn der Käufer nicht viel über die Verhandlungspreise weiß oder wie viel Häuser wert sind, bieten MLS-Abfragen immer noch einen Beitrag für Vergleichszwecke.

Weniger Forschung für den Käufer

Der Kauf eines Hauses könnte bereits als ein stressiger Prozess angesehen werden etwas. MLS-Recherchen können auf etwas von diesem Stress reduzieren, weil es die Forschung reduziert, die der Käufer führen muss. Es gibt bereits so viele andere Aspekte, die ein Käufer sich erinnern muss, um zu betrachten, einschließlich der Gemeinschaft, Kriminalitätsrate, Demographie, Schulbezirke, Arbeitsaussichten, unter anderem. MLS-Abfragen stellen Hunderte von Häusern von den teilnehmenden Brokern in eine Datenbank, mit Hunderten von Feldern, mit denen die Eigenschaften durchsucht werden können. Knowledgeable Broker mit jahrelanger Erfahrung bestimmen diese beliebten Suchfelder; Wenn der Käufer die Forschung selbst durchführt, kann er oder sie fragen, ob die Informationen, die sie finden, richtig sind.

Die Internet-Veralteten MLS-Anfragen

Der Jüngere Generation könnte behaupten, das Internet heißt die "Information Highway" aus einem Grund. Während es wahr ist, bestimmte Staaten haben ihre MLS-Abfragen leicht im Internet verfügbar, nicht alle Staaten haben diese Zugänglichkeit. Es ist auch wichtig zu bedenken, dass die in der eigenen Zeit erforschten Informationen nicht so genau sind wie die MLS-Recherchen von Immobilienmaklern.

A Trusting Community

As Erwähnt, alle MLS-Abfragen basieren auf der "Sie kratzen meinen Rücken, und ich werde Ihre Kratzer kratzen" Prämisse. Mit anderen Worten, es gibt keine versteckten Tagesordnungen. Alle Broker, die an MLS-Abfragen teilnehmen, versuchen, dem Käufer die größtmögliche Anzahl an Optionen zur Verfügung zu stellen. Sie halten die Bedürfnisse des Käufers im Auge und versuchen, zufriedenstellende Kunden zu schaffen.

Letztlich ist die Entscheidung, MLS-Recherchen zu nutzen oder die eigene Forschung zu führen, dem potenziellen Käufer zu folgen.

Was ist meine Immobilie wert

Immobilienmakler Heidelberg

Makler Heidelberg

Immobilienmakler Heidelberg
Der Immoblienmakler für Heidelberg Mannheim und Karlsruhe
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Source by Keith Andrews

Real Estate Deposit vs Down Payment

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Wenn Sie Ihr Haus verkaufen, müssen Sie mit verwandten Immobilien-Lingo vertraut sein. Sie müssen den Unterschied zwischen einem Baldachin und einer Markise kennen; Eine Hypothek und ein Darlehen; Und vor allem der Unterschied zwischen einer Einzahlung und einer Anzahlung.

Glauben Sie es oder nicht, es gibt viele Hausverkäufer, die denken, dass Einzahlungen und Anzahlungen ein und dasselbe sind, wenn es in Wirklichkeit ist Nicht

Eine Einzahlung ist das Geld gegeben oder an den Eigentümer übergeben, wenn ein Käufer einen aufrichtigen Wunsch anzeigt, die verkaufte Immobilie zu erwerben. Es ist ein Token-Betrag, der so klein sein könnte wie ein paar hundert Dollar, oder so groß wie 5% des gesamten Kaufpreises. Die Kaution kann zurückerstattet werden, wenn die Transaktion nicht aus Gründen, die außerhalb der Kontrolle des Käufers liegen, nicht durchfallen und auch zugunsten des Verkäufers verfallen kann. Wenn der Kauf durchläuft, wird die Kaution dem Käufer gutgeschrieben und bildet einen Teil seiner Anzahlung.

Eine Anzahlung oder ein Eigenkapital kann dagegen als Erstzahlung auf dem Grundstück selbst betrachtet werden. Es ist gegeben, wenn der Käufer beschlossen hat, tatsächlich das Haus zu kaufen (anders als in der Einzahlung, wo es gegeben wird, wenn der Käufer den Wunsch anzeigt, das Gerät zu kaufen). Die Anzahlung ist der Gesamtbetrag des Geldes, den ein Käufer als Teilzahlung geben kann und ist in der Regel einen größeren Wert (10% des Gesamtpreises oder mehr) als regelmäßige Einlagen.

Es ist ziemlich einfach zu unterscheiden. Denken Sie daran, dass eine Kaution kleiner ist und, sobald die Transaktion durchdringt, Teil der Anzahlung wird. Die Summe dieser beiden, zuzüglich eines ausstehenden Saldos, sollte der vereinbarte Kaufpreis der Immobilie sein.

Was ist meine Immobilie wert

Immobilienmakler Heidelberg

Makler Heidelberg

Immobilienmakler Heidelberg
Der Immoblienmakler für Heidelberg Mannheim und Karlsruhe
Wir verkaufen für Verkäufer zu 100% kostenfrei
Schnell, zuverlässig und zum Höchstpreis


Source by Gloria Smith

Real Estate: Should you Remodel or Sell?

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Most people who are considering selling their home are dissatisfied with some aspect of it. Common reasons are too little space, too much space, or changing needs. Sometimes, remodeling is a better solution, especially in a „down“ real estate market.

One popular remodeling project is changing space use. Garages are converted to family rooms; attics become bedrooms; basements become playrooms or storage areas. Is there space in your house that can be easily remodeled to better suit your needs?

What is your local real estate market like? If other houses in your neighborhood have been listed for sale for months without selling, then selling may not be a quick or easy option. 
Many people hope that remodeling will add value to their home. A lot depends on how your home compares to the surrounding neighborhood. If it’s the worst house on the block, remodeling may bring its value in line with neighboring homes. On the other hand, if it’s already the nicest house on the block, the neighborhood will hold down the value despite remodeling. A real estate professional may be able to advise you on how much a remodeling project will affect the value of your home.

Besides space conversions, kitchens and baths are among the most popular types of remodeling projects. There again, there is a wide variation as to how the remodeling will affect the value of your home. Adding a second bath will add convenience; modernizing the kitchen can make it easier to use.

Some remodeling projects typically don’t add value to the home—and may even make it less attractive to buyers. Swimming pools are one such improvement—many buyers don’t want the bother or potential liability of a pool.

The best way to approach your remodeling project is to consider the ways you can improve your life, and not try to second-guess what a potential buyer might want.

There may be other changing needs that suggest selling your home. Commuting costs may make you wonder if moving closer to work is a better idea. But can you find an affordable, suitable home in a closer location? You may be better off buying a more economical car or doing some of your work at home by phone to cut back on commuting.

There are many options to consider. Before deciding to sell your home, consider the answer to the question „why“ and look for creative solutions to the problem. Your child may enjoy a quirky attic bedroom a lot more than moving away from friends.

Remodeling can solve your current problem while adding future value to your home.

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Source by Bruce Swedal