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Here's Why You Should Not For Sale By Owner

by Sandi Pressley

In today’s Market in Albuquerque, some homeowners might be thinking about selling their home on their own.  This is known as For Sale by Owner (FSBO).  But there are a number of reasons why this may not be the best idea is you’re planning on selling your home in Albuquerque.

Here are 4 reasons why:

Buyer Exposure

It’s a fact that 94% of buyers search online for a home.  That’s compared to only 17% looking at the newspaper ads. Most real estate agents in Albuquerque have a marketing strategy that involves online marketing. Do you?

The Internet Gets Results

51% of home buyers find their home on the internet.  34% found it from a real estate agent.  A mere 9% found it from a yard sign.  Just putting up a sign in the front yard doesn’t work anymore.  A strong internet marketing strategy is essential.

Too Many People to Deal With

Most FSBO home sellers don’t realize at first all the people they have to deal with.  You have the buyer, the buyer’s agent, the buyer’s attorney, home inspectors, and appraisers. That can be overwhelming if you don’t have experience in selling a home.

FSBOs Have Become More Difficult

There’s far more paperwork involved in buying and selling a home than there used to be.  That’s why the percentage of people selling by FSBO has dropped from 19% to 8% over the last 20 or so years.

So before you take on the challenge of selling your home by yourself, give us a call and let us help you decide if an experienced Albuquerque real estate agent can help you sell your home.

HOT PROPERTY OF THE WEEK!

4 Cinco Circle, Placitas, NM 87043  $399,000

 

3 Bedrooms/ 3 Bathrooms/ 2740 Square Feet

Gorgeous single story custom home on private 2 acre sanctuary.

Learn more by contacting the Sandi Pressley Team

 

Get your Morning Inspiration with the Sandi Pressley Team!


Preparing your Albuquerque Home to Sell!

by Sandi Pressley

It's a phenomenal time to sell your Albuquerque home!  If you've decided to sell, make sure you've prepared your home for the market before advertising. You get one shot at making a great first impression and introducing your home to the market...so make it count!

Many home buyers today want to move-in their new home as quickly as possible. Making sure you've crossed all the 'T's and dotted all the 'I's will insure your home sells quickly and for top dollar.

Here are 6 great tips to get your home prepared:

1. Get a Home Inspection.  Why you ask? By being proactive and ordering your Home Inspection upfront, you'll be notified of any potential troubles that could make your potential buyers balk. You'll still need to disclose what the home inspection finds, but you'll have time to make repairs. 

2. Gather all your Warranties for items staying in the home. This gives your potential home buyers confidence in you and your home. Warranties should include any appliances, etc that will be part of your home sale.

3. Make all Minor Repairs! It's critical to walk through your home with an eye for detail. Each room should be evaluated for any minor fixes; including patching of holes or cracks, painting, floor replacement, windows, closets, outlets and more. Once you've identified all repairs to be made in each room, make the ones you can...and be ready to negotiate the others.

4. Clear out Clutter. You've probably heard this a dozen times or more, but it bears repeating. A cluttered home shows poorly and commands a lower selling point. 

5. Sparkle and Shine. Make sure you do a 'white glove' cleaning of every aspect of your home!  Remove all signs of pets, including deodorizing your home. 

6. Stage your Home to Sell! If you haven't thought of Home Staging, you may want to consider this service. Home Stagers are experts at presenting your home's best assets and hiding those that are not. They also create the best light and flow to showcase your home. 

For more Home Selling Tips, visit our website or give us a call for a personal evaluation.

 

HOT PROPERTY OF THE WEEK!

3813 Tierra Vista Place NE, Rio Rancho, NM  $359,000!

 

 

4 Bedrooms/ 3 1/2 Baths/ 3420 Square Feet

Welcome to this Meticulously Maintained Home delivering 3400+ sqft of optimal living.

Contact the Sandi Pressley Team for more details!

 

Get your Monday Morning Inspiration with the Sandi Pressley Team!


Purchasing a Home is Still a Good Choice

by Sandi Pressley

Good Monday Morning!

While homeownership numbers may be down, Americans continue to believe that owning a home is still a good decision even as mortgage rates bounce up and down. According to the National Association of Realtors 2013 National Housing Pulse Survey, eight in 10 people believe that purchasing a home is a good choice and 68% believe that now is a good time to make a purchase. Since the last survey in 2011, renters who are contemplating a home purchase rose from 25% to 36% while those who stated they prefer to rent fell from 31% to 25%. More than half of the renters surveyed stated that one of their highest priorities is owning a home, up to 51% from 42%.

We remain towards the lower end of a home value cycle. This means that most likely home values will increase significantly over the next 5 years. Even though mortgage rates have ticked up slightly, they remain well below the 10 year average. This combination leads one to believe that investing in home ownership now is a wise decision.

Have An Awesome Week!

SANDI'S LATEST HOT HOME LISTING!

Property Image
9017 Galaxia Way NE
Price: $375,000 Beds: 4 Baths: 1.5 Sq Ft: 2,735
This gorgeous brick home is situated on almost 1/3 of an acre lot w/back yard access, RV parking & lots of udates! Automatic gate, decorative fencing for total privacy & security, wheel chair accessible throughout. Refrigerated air! Formal living/dining room combo, huge family room w/custom fireplace & wet bar opens to the spacious kitchen w/sunny breakfast nook. Newer windows, cook top, range hood & gorgeous marble tile. Nicely landscaped front & back. Finished oversized garage!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Sandi

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Why Did My Home Not Sale?

by Sandi Pressley

Good Monday Morning!

Why did my home fail to sell?  This is a call that I get frequently from homeowners who have had a home on the market and it did not sell. The answer to this question is often not simple, but typically a little bit of investigation will reveal the most likely cause.  Nine times out of ten the problem is that the price was too high.  In this market, if you miss the market with pricing your home is going to just sit and not get offers.  Many times the home owners will see many showings and just no serious interest.  This simply means that would be homebuyers are finding other homes equal to or better than this home at a more attractive price. It can be hard to hit pricing perfectly, but once a home is on the market, if we look at what takes place with showings and interest it will soon tell us the story as to whether we have hit pricing right or not.

The largest mistake home sellers make is to not watch the market and to not drop the price quickly enough needed.  Failure to do this may cost homesellers large amounts of money and the opportuity to sell.

Also, if you are considering putting your home on the market and don't want to join the ranks of the unsold homes be cautious when you interview Real Estate agents.  Be cautious as to not pick your agent based solely on the price they give you for your home.  Many agents will inflate this price to get your business.  Good agents will price your home correclty to start with and then watch the market for any changes and advise you quickly if an adjustment is needed.

The keys to selling a home for top dollar value in any market are to:
  1. Price correctly with the market and adjust quickly if offers don't materialize.
  2. Stage your home.  Get rid of clutter, paint, do yard work, needed repairs and make your home as appealing as possible
  3. Make your home accessible.  If your home is easy to show you will get maximum exposure
  4. Make sure that your agent is getting feedback from showings and sharing this feedback with you.  Listen to the market and adjust accordingly.

Have An Awesome Week!

SANDI'S LATEST HOT HOME LISTING!

Image Unavailable
5919 Mesa Viento Rd.
Price: $300,000 Beds: 5 Baths: 2.5 Sq Ft: 2960
Beautiful, well maintained DR Horton home with lots of nichos and ledges. Light, bright, open & versatile floorplan features formal living room and great room that opens to family dining & kitchen w/sunny breakfast bar/island & huge pantry. The office could be formal dining room. Enormous master suite has 13x11 sitting room w/corner gaslog fireplace, large walkin closet + luxurious bath w/jetted tub. All bedroom are good-sized, one bedroom conveniently located on main level. Great location!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Sandi

Visit Website

Displaying blog entries 11-14 of 14

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Photo of The Sandi Pressley Team Real Estate
The Sandi Pressley Team
Coldwell Banker Legacy
10400 Academy Rd. NE Suite 100
Albuquerque NM 87111
505-980-2999
505-263-2173 / 505 293-3700
Fax: 505-212-0729

Quick links to this site are also SandiSells.net or SandiSellsHomes.com