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Tampa Bay Neighborhoods

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Can You Guarantee an Increase In Rental Rates?

Everyone makes promises, but how often are the kept. Some property management companies guarantee an increased rental rate every term, but how realistic is it?

Increase in Rental Rates

All property owners want an increase in rental rates. While a high return on investment property is fully attainable, companies that promise 20% to 30% rental rate increase are often false promises.

There are housing laws that prohibit unjustifiable rent increases and set certain limits. If an unnecessary increase is implemented, tenants may no longer be able to rent your property. If current tenants are unlikely to afford a drastic increase, prospective tenants may not be able to either.

Renovations are great, but they don’t justify inflated rental prices. Living in Tampa Bay, a pool home is on a lot of tenant’s wish lists, but it doesn’t mean your home will rent for $1500 more than the same house down the street without a pool.

Most prospective tenants will ask about the true rental value (the actual rental price paid by the last tenant) so be prepared if you’re asking for a large increase over the current rental rate.

Remember that a day your property is unoccupied is a day with zero return on your investment.

 

 

curb appeal
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Curb Appeal Online

curb appealToday, more than ever it is important to have a great curb appeal online

The home shopper has almost completely moved online with the advent of zillow, trulia, craigslist, etc.  The amount of data, pictures, video and virtual tours that you can put on your online advertisement can give the prospective buyer almost all the information they need to make a buying decision.

The preliminary research is all done online, then the actual physical home shopping is strictly limited to the best-matched properties.  Although some properties are bought without the buyer ever actually seeing the property, there is a lot that can be told by actually being inside the property and seeing it with your own eyes.

For your home to sell and for you to get the people to actually visit the property in person, you need to be able to get past the online screening part of home shopping.

First Impressions

First impressions are important in each element of existence. We get dressed to look our high-quality while attending a task interview and some of us spend hours grooming ourselves in the front of the mirror earlier than a primary date. In accordance to analyze performed through psychologists, people make up their minds about other human beings within 1/10th of a 2d of assembly them for the primary time. This studies discovered that the longer the primary impression, the extra human beings reaffirmed their preliminary opinion and only with lengthy exposure and experience can someone overcome their initial preconceptions. On the subject of promoting a domestic, first impressions are essential and ability customers don’t stick round long enough to change their initial opinion of a property.

What’s lower appeal?

The word ‘lower appeal’ comes from the yesteryear international of actual property. Before the cutting-edge conveniences of the net and smartphones, capability consumers would shape their initial first impression of a property from status out of doors in the road or sitting of their car, parked subsequent to the diminish. The agent would name or fax the capacity customer the details and address of the newly listed property and they would force past or stroll to the residence to decide if they desired to set up a proper viewing of the assets.

Those selling the belongings understood that their residence had to appearance attractive sufficient from the decrease to lure capability buyers to set up a viewing. If the house didn’t look properly from the reduce capability buyers would flow on, so domestic sellers might spend days planting plants, portray fences, cutting the lawn and different domestic upgrades. Cut back appeal changed into crucial in making ready a belongings for going on the market and in fact getting capability buyers through the door to get a sale.

Internet appeal

The traditional cut back attraction of a property nonetheless topics today, however with the prevalence of the net it’s miles from their laptops and smartphones, and no longer from the street outdoor, that capability customers make their first impressions of a domestic. If they do now not like what they see when scrolling via the pics of an internet list they received’t sense inclined to peer the assets in man or woman.

Net listings mean consumers can now see the inside and outside of a home before ever setting foot on the property. At the same time as the exterior look of a domestic is still very crucial, and ought to be excessive on a seller’s listing of priorities, it’s miles at its most treasured while a consumer physically visits or drives by using a property. If the internet list does now not appeal to a capacity consumer, and makes an awesome first impression, they’ll not ever get that some distance. Web attraction is the new lower appeal, this means that a home’s indoors and outdoors both want to offer the property in a favorable and enticing manner to draw in ability customers. If a vendor’s domestic is not presented well in the pics of the net listing – due to the images not being taken via a expert, no longer proven with high decision pictures, or with out due care and attention to prepare the assets earlier than taking pics – the conventional cut back appeal of a home is worthless as shoppers received’t ever go to the assets.

 

real estate markets
1024 683 Relevé Real Estate

How to Deal with Competitive Real Estate Markets

real estate marketsIn numerous zones of the nation, the lodging business sector is developing and its quality has lead to a focused business sector for purchasers and a less demanding business sector for mortgage holders hoping to offer. The following are some top tips for those hoping to enter the property furthermore for those hoping to offer in today’s focused business sector.

Fender Tip: Know your property well and be straightforward with potential purchasers in real estate markets

Merchants are in a position of quality in today’s business sector, yet you would prefer not to lose a potential purchaser and significantly after arrangements come up short, and need to re-acquaint your property with the business sector. Ensure you know all the points of interest and potential pitfalls of your property and be straightforward with potential purchasers. Purchasers are a lot of a property’s issues on the off chance that they think about them before entering transactions. Withholding data could execute your arrangement later and purchasers are a lot of shortcomings in the event that they are entering an aggressive business sector.

Purchase Tip: Be prepared to finalize negotiations and move

Be aware of property postings and prepared to orchestrate a review when something intriguing comes up. There will be loads of purchasers appearing to be identical property as you, so when an incredible house is recorded on Tuesday it might be from the business sector by the weekend. Genuine purchasers are prepared to make an offer and close an arrangement rapidly.

Merchant Tip: Have a sorted out procedure for getting offers

There is no brilliant tenet on whether to acknowledge the principal offer you get or to leave your property available sitting tight for a more alluring offer. It relies on upon the season of the year, the town, the state and different variables that your land specialist will have the capacity to talk about with you, and help you think of an arrangement. In a few regions it can be an awesome thought to hop on the principal great offer you get in the real estate markets, while in different regions, it is best to hold up and have more showings before evaluating all the offers you have gotten without a moment’s delay.

Purchase Tip: Purchasing your fantasy home won’t be simple

It’s extremely uncommon that a purchaser brings home the bacon on the primary property in real estate markets they like and make an offer on. The procedure requires some investment and with heaps of rivalry, you can without much of a stretch miss out on a property on the off chance that you don’t act quick or your offer is too low for the dealer to acknowledge. In the event that you pass up a major opportunity for a house, it’s essential to stay hungry and keep headed to locate the right property next time. First-time purchasers are regularly unpracticed, each home you see and each offer you make is helping you take in more about the business sector and turn out to be more alright with how the entire procedure functions. Passing up a great opportunity for a property is not generally a terrible ordeal, as the home you believed was flawless a month prior does not appear to be half as appropriate as the property you discover a month down the line.

Dealer Tip: Contemplate the opposition and know your business sector well

A dealer ought to know the business sector before they put their home available to be purchased. Spend a couple of weeks considering alternate properties available to be purchased in the zone, even mastermind a couple of viewings, before putting your home available. When you are prepared to offer, know your opposition and how to value your property to get the most consideration from purchasers. Each property is distinctive, however, you ought to know your own particular property all around and how it thinks about to the opposition. In spite of the fact that the house available to be purchased down the road may have a fresh out of the plastic new lavatory and kitchen, you can value your property as an alluring option with incredible worth for purchasers that need to do their own particular home enhancements. All around evaluated homes draw in the consideration of purchasers and lead to quicker deals and expanded rivalry, which supports costs.

Purchasers and Venders Tip: Arrangement and staying caution

The lodging business sector can be upsetting for both purchasers and dealers. In a focused business sector, things can move along rapidly and both sides of the business sector should be mindful in the event that they need to effectively purchase or offer a property. Dealers have the high ground as they can put in weeks of arrangement before entering the business sector, something vendors should make utilization of to boost their prosperity. Purchasers must be on their toes and prepared to respond to postings and be set up to make an offer and move when they locate the right property. An aggressive business sector is quick moving and can be exceptionally energizing for both purchasers and merchants, so attempt to appreciate the ride.

Wesely Chapel Home Buyers
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First Time Wesley Chapel Home Buyers

Wesely Chapel Home BuyersStepping into the home buying business sector can be an overwhelming knowledge. Lamentably, there is no totally watertight orderly procedure to ensure you’re acquiring the right house for Wesely Chapel Home Buyers. In any case, on the off chance that you continue understanding you will see a portion of the greatest missteps that first-time purchasers make and comprehend what to maintain a strategic distance from when it comes time to purchase your own first home. Try not to be a first time dealer that second thoughts their choices as a first-time purchaser.

A bit excessively cozy and little

In the event that you are love birds or plan to begin a family soon, as Wesely Chapel Home Buyers you should abstain from picking a property that is a bit excessively comfortable. It’s profoundly exhorted you don’t go for a two-room home as you will get yourself somewhat confined when tyke number two arrives and you’ll be hoping to move to a bigger home. Regardless of the fact that you don’t have any quick longing to begin a family, arranges can change through the span of a couple of years and the little two-room old cabin you discovered sufficient could get to be prohibitive. Three-room houses are by and large more appropriate as, if do you stay at the property for additional time than you at first expected, they sufficiently offer space to easily begin a family.

Excessively extensive

On the flip side of the scale is the home that is much too enormous. A six-room house will offer a lot of space for visitors and your future kids to grow up, however, it may not right now suit the necessities of you and your accomplice. You won’t require the additional rooms for a long time and might pay a much bigger home loan than you shortly need to.

The venture

It might entice to purchase yourself a property needing some redesign and convey its breakthrough with a little work. There are a lot of TVs demonstrates that demonstrate the change a home can experience with two or three challenging tasks and a couple days of painting and adorning. Nonetheless, loads of undertaking homes invade on time and go fundamentally over the spending plan, notwithstanding when taken care of by veteran mortgage holders. On the off chance that you can sensibly consummate your home inside a sensible spending plan and time span, with basic updates, you may have found the right venture house for you. Be that as it may, in the event that you detect a few difficult tasks and the requirement for a noteworthy upgrade, you ought to abstain from falling into a cash pit.

The extra time executioner

Does your planned new home have any lavish unique elements that will require heaps of support or upkeep? Swimming pools, hot tubs, huge front and back greenhouses, and so on all require loads of time and extensive cost to keep up. It is safe to say that you are cheerful to invest your free energy and money keeping up the pure appearance and components of your home? If not, then you ought to discover something more reasonable.

Thinking about your new home as a business speculation in Wesley Chapel Property Management.

Each first-time purchaser might want to make the most of their new living space for a couple of years, perhaps make a couple of enhancements, offer their home for a great looking benefit, and purchase a surprisingly better second home. Yet, regarding your first private property as a venture opportunity, as opposed to a home to live in, can blowback and snuff yearnings. Now and then you can make perpetual home enhancements that simply don’t resound with the following potential purchaser. What’s more, because of outside variables, house costs don’t generally rise and you are left with almost no influence on the estimation of your property. In the event that you are thinking about your first property as a speculation, and are more worried by a home’s offer on worth than you are by its appropriateness as a living space to live, you ought to contemplate the business sector completely before settling on any choices. Take as much master exhortation as you can and think deliberately before you make an offer and sign the printed material.

Overlooking the area for Wesely Chapel Home Buyers

While your own particular Wesley Chapel Homes needs may not be influenced by a home’s area, some of the time it will extraordinarily influence future purchaser’s needs. You may think you have found a deal, the however, battle to discover a purchaser with regards to the offering. Regardless of the possibility that you have no arrangements to begin a family or wouldn’t fret not being situated in the unpleasant around the edges side of town, you ought to consider what future purchasers will search for. Try to watch out for the school locale and financial quality of the territory.

Lutz New Home Purchases
640 480 Relevé Real Estate

Lutz New Home Purchases Surge

Lutz New Home Purchases

Lutz New Home Purchases are increasing at a fast rate

New home purchases surge again with the reason possibly due to low-interest rates on mortgage loans and mild weather throughout the entire US.  The past winter has been one of the mildest on record with many areas receiving record high temperatures throughout the winter.  This has spurred people to get a jump on the spring market in the Tampa Bay area.  New home purchases surged 24% in February, kicking off the spring buying season, the February Mortgage Bankers Association Builder Application Survey revealed in their latest report.

Interestingly enough, a recent statistic says that the good times might not last forever.  The homeowner expectations and appraisal values become divided as the gap widens. This means that many homeowners are starting to believe their home is worth more than it actually is.  This can lead to many homes sitting on the market longer than they should and can possibly cause the seller to miss out on an opportune selling market.  Then they are eventually forced to sell it for a lower price in a lower market.  Pricing the home correctly with realistic expectations may be the single most important step in listing your home for sale.

The distance among appraisal and proprietor estimates widened for the first time in six months, quicken loans said in its contemporary month-to-month home price belief index and domestic value index for February. That is making it difficult to preserve up in present day rapid-paced housing marketplace

But, the upward thrust is still small, and the hope remains to a healthy degree. So for now, house owners maintain to list in a dealers market and the lutz new home costs are surging.

Whilst it is usually disappointing for owners to analyze they don’t have pretty the house fairness they predicted, the national hope continues to be within an ordinary variety. In an ever-converting real property market, domestic values differ and these modifications are most quick realized with the aid of appraisers who’re comparing nearby income every single day.

 

 

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Florida Foreclosure Pain

Florida Foreclosure

florida foreclosure

Florida Foreclosure activity is on the rise as Florida continues to have one of the highest rates of foreclosures in the nation. California and Nevada round out the top three and foreclosures were reported as increasing 32 percent from last year.

This means that more bank reports are on the way and depreciation of Florida real estate values will continue.

The bottom is still a long way off, and investors should be patient, consider cash flow and ask “what if this property depreciates 3% per year for the next ten years?”.  Florida Foreclosure pain continues.

This statement is worth noting “In Florida, one in every 135 households received a filing in April.”

From Wikipedia, a Florida Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower, who has stopped making payments to the lender, by forcing the sale of the asset used as the collateral for the loan.

Formally, a mortgage lender (mortgagee), or another lienholder, obtains a termination of a mortgage borrower (mortgagor)’s equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure).[2]

The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate,[1][2] is an ongoing and unresolved issue in the United States and refers to an apparently widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks, including Bank of America, JP Morgan, Wells Fargo, and Citigroup temporarily responded by halting their foreclosure proceedings in some or all states.[3][4] The foreclosure crisis has caused significant investor fear in the U.S.[5] A 2014 study published in the American Journal of Public Health links the foreclosure crisis with an increase in suicide rates.[6]

One out of every 248 households in the United States received a foreclosure notice in September 2012, according to RealtyTrac. [7] [8]

Relevé Property Management – Lakewood Ranch, Bradenton & Sarasota

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Sarasota and Tampa are Top Turnaround Towns

sarasota and tampa
9. SarasotaBradenton, FL ranks #9 in at the realtor.Com top turnaround town report for the primary area 2012 and one of seven cities in the sunshine kingdom to take a pinnacle ten spot at the list. March domestic sales inside the region had been up 23.7% as compared to February, and just slight underneath march 2011 tiers, dipping -1.4%. Median list expenses had been up 12.56% in Sarasota-Bradenton for the primary zone 2012 in comparison to the equal length final yr, and on the market stock is down -27.Sixty-nine% from a yr in the past. Even as symptoms in Sarasota-Bradenton are high quality, the market remains fragile with an unemployment rate of 9.2% and a preferred foreclosures rate in Sarasota county of one in each 353, each better than their respective countrywide averages.

Sarasota-Bradenton seemed on the realtor.Com top turnaround city document: q3 2011 (6); this autumn 2011 (five).

What to peer in Sarasota: the southwestern coastal town is bordered by means of several barrier islands before land meets the gulf of Mexico. It’s now not all golf publications and gardens, even though. Sarasota also has many cultural attractions to enjoy: musical, dance, inventive and theatrical venues.

10. Tampa-st. Petersburg-clearwater, FL rounds out the top 10 spots on the realtor.Com turnaround metropolis listing. Current enhancements in key metrics were surprising, mirroring the turnaround underway in different Florida foreclosure centers. Distressed mortgages peaked remaining September at sixteen.Three% in Tampa, and remained consistent at that level. Countrywide charges declined from a high of 7.Nine% in February 2010 to six.7% these days. Even though the proportion of distressed mortgages has been appreciably higher in Tampa than the country ordinary, data suggests the foreclosure fee considering the fact that April 2009 isn’t any better than the countrywide degree. While the housing marketplace inside the metropolis of champions remains fragile with deeply discounted foreclosed properties, low assets values and many severely underwater mortgages, the q1 2012 statistics from realtor.Com suggests median list costs are up eleven.Ninety-two% and the market moved 20.34% quicker as compared to the identical time remaining yr.

Noteworthy approximately Tampa: the western Florida metropolis on the gulf of Mexico has been tapped to host the 2012 republican countrywide convention. Delegates will revel in the plethora of golf courses, museums and purchasing the metropolis gives. Plus, don’t forget about Busch gardens Tampa bay, which turned into originally an admission-free hospitality merchandising of Tampa’s Anheuser-Busch brewery.

For expert property management Relevé Real Estate and Property Mangement for a unfastened consultation these days.

lutz home buyers
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Mistakes that Lose Potential Lutz Home Buyers

lutz home buyers

Prior to advertising your own home, you want to go searching for some things that might be particularly discouraging to potential lutz home buyers. They will really be evaluating many homes and could conveniently push yours aside with the slightest provocation. You want to be aware of some matters that turn off potential customers.

Things that turn off potential residence consumers:

1. Carpet over hardwood floors

Many people really like hardwood floors, they upload a top-notch design element to your house. They’re also very easy to smooth and don’t maintain dust like carpets do. Many sellers make the error of masking up their hardwood flooring and opting to display carpet. Make certain you show off your gleaming hardwood floors and go away the customer to determine in the event that they want then blanketed or not.

2. The usage of a bedroom for other functions

All domestic buyers are interested in the quantity of bedrooms the house they intend to buy has. If you converted a bedroom into something like a domestic office, it is advisable to revert it back earlier than you positioned the residence on sale. The purchaser won’t locate the home workplace as beneficial as you determined it. Not handiest does it impact a customer’s capability to visualise a dwelling area however workplace is often a supply of clutter.

3. Turning your kid’s room right into a miniature theme park

On the grounds that kids are very innovative and unfastened spirited, many dad and mom turn their bedrooms into something that resembles a Disneyland journey. This turns off consumers as they may have teenage kids who do now not require all of the first rate decorations. Let the brand new residence owner have the opportunity to determine what to do with every of the bedrooms. As always when making ready to promote your home, less is greater… Stuff, that is.

4. Grimy dishes in the sink

Residence buyers are very touchy about how you have been looking after your home before they purchase it. They need to see the residence at its satisfactory so please be sure your kitchen is as clean as it may in all likelihood be. A grimy sink continually sends the wrong impact and is enormously commonplace. In case you are caught up in a dirty kitchen, it is clever to keep off the purchase till you tidy it up.

5. Make consumers take off their shoes

It isn’t rude to ask buyers to put off their footwear when getting into your home, mainly if it’s raining and also you’ve scheduled a large variety of showings in at some point. That’s a variety of foot traffic! However, they are probably getting rid of via the request. Don’t forget to leave old towels at the flooring close to the front & again doors — or ask your realtor to offer a supply of disposable booties in your viewers to place on over their shoes.

6. Puppy toys laying around the house

If you have a pet then ensure everything like dog food and pet toys are saved away nicely. Having dog toys laying around in random rooms within the house won’t be the as appealing to a lutz home buyers who isn’t as pet pleasant as you’re.

7. Having a family room in the storage

Just because you made a decision to apply the storage as an extra sport/family room doesn’t always suggest your customer wants the same setup. Ensure in case you’ve modified your garage installation in any manner you revert it again to a primary storage (ideally and not using a litter) so one can visualize what they would like to do with it. In case you’re the usage of your storage as a garage for the greater gadgets you’ve removed from internal, simply shop matters as smartly and compactly as feasible.

Eight. An above-ground pool

An above-ground pool in the backyard of the house is not an excellent concept. In case you cannot have the funds for a right pool and are tempted to installation an above the ground pool, you need to dismantle it lengthily before placing your private home on sale. If the pool leaves in the back of a dead spot of grass inside the outside, you will fumble final minute trying to cover it. If you have an above floor pool and you understand you’ll be putting your private home in the marketplace in the close to future then take the pool down properly before you placed your private home up on the market. This will provide your backyard lots of time to get better and with any luck keep your grass searching inexperienced for the showings.

Nine. Light fixtures

It is true that a stunning chandelier can boom the depth of your room and may be an actual focal point mainly if it is placed in a formal dining room. It may if it’s far brilliant ornate and custom, make a contribution to turning off a potential purchaser. If you have a unique, special, critical-to-you-but-now not-stylish mild fixture, it’s far critical that you put off it (and replace with an extra appropriate one) earlier than placing your private home on sale. This manner you could preserve from clashing stylistically with any capability shoppers, as well as defend the fixture you love.

Consult your realtor for more recommendations on putting off items in and around your house that could flip off your capacity consumer.

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Home Selling – A Checklist of Things You Need to Do

Home Selling

Before you put your house up for sale, it is essential that you prepare your home to make it as appealing as possible. First and foremost, setting the right sales price from the start will ensure your house is considered by the largest pool of buyers from the date that it is listed. If your house is priced too high many buyers and real estate agents will simply remove it from consideration. Assuming your house is priced correctly, the following tips will help you attract buyers so you can sell your house as fast as possible.

Marketing and Advertising – Even if your house is priced below market and it is the most beautiful house on the street, you have to make sure homebuyers know it is for sale. Make sure your real estate agent has listed your house on all the major real estate search engines. These sites should include: Realtor.com, Zillow, Facebook, and any other real estate sites that are used in your area. Social media is used by nearly every home buyer. Once your house is listed, view your listing online and make sure there are numerous photos of your property. Many homebuyers use the Internet to search potential houses by price and then they look at photos. If the photos of your house are not in the best possible light, you could be losing potential homebuyers.

Curb Appeal – Since you’ve pulled in potential homebuyers to see your property, you have to make the outside of your property as engaging as could reasonably be expected.Make sure the grass is cut, the weeds are pulled, the bushes are trimmed, and flowers are planted. If anything is damaged in the front of your house, such as siding, downspouts, windows, the front door, or mailbox, they should be addressed before listing your property.

Update the Interior – When potential buyers walk into your property, the entrance way and the main rooms of the house should be clean and inviting. You can paint rooms a neutral color, update flooring, and updated fixtures. You don’t have to spend a lot of money; average quality updates should be fine for most homebuyers. Brighten up rooms by opening the drapes and using higher wattage light bulbs. This will make the rooms look greater and brighter. Additionally, search for glaring issues in your house. These might be as minor as electrical outlet covers, lighting apparatuses, and register covers. Including an alert framework ought to additionally be considered.These updates may be very minor, but may change the appearance and allure of your house to potential buyers.

De-clutter and Clean – Take time to remove personal items and clutter from the house. Thoroughly vacuum and clean each room to make them in as inviting and appealing as possible. If possible, hire a cleaning service to do a deep cleaning prior to showing the house.

Board Your Animals – If possible, board your dog or cat prior to listing your house. This will allow your house to be shown at any time and will eliminate potential smells and odors that a cat box or dog may leave lingering on the property. Potential homebuyers will be rushed and turned off if your dog is locked in a room barking wildly while they are viewing your property.

Provide Positive Information – Leave positive information on the kitchen table for potential buyers and realtors who view your property. This information should include nearby dining, shopping, attractions, and recreation. Also, if the school system is highly rated, make sure information regarding the school district is provided. This information could be the difference between an offer on your house instead of another property.

Effectively promoting and improving the appearance of your house will not only result in a higher sales price but most likely a quicker sale. Continuously ensure before tolerating any offer that the purchaser is pre-endorsed. The exact opposite thing you will need to do is to take your home off of the business sector for a potential purchaser who may not meet all requirements for an advance. Continuously solicit to see a duplicate from any potential homebuyers’ pre-endorsement letter to confirm their capacity to acquire contract financing. An expert stager will take a gander at your home from a crisp and unemotional point of view. They have been prepared to see your home as an item, highlighting resources and making light of imperfections. By utilizing a mix of your furniture and accessories, adding new accents to update the look, and strategically incorporating a few “designer tricks-of-the-trade”, a stager is able to create the model home WOW effect . . . while appealing to your target market.

Home staging focuses on fast, dramatic and affordable transformations to ensure that your home will be the one remembered from the real estate tour. Once staged, the house will be “showcase ready”, which will also make it “photo ready”! Since 85% of home buyers are using the internet to determine which homes to even visit, photos of professionally staged rooms will set the listing apart from the rest.

Finally, home staging has been proven to be an affordable investment which reaps a large return on dollars spent . . . an investment few sellers can afford not to make in today’s highly competitive real estate market. And remember, staging almost always costs less than your first price reduction.

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It’s Not You, It’s Not Your Home, It’s Your Real Estate Agent

pile of cash

See this pile of cash? It doesn’t belong to you and you know why? Your realtor is being unrealistic and greedy about your property.

We have a client who is interested in a townhome in a particular area. We have one in this neighborhood and know without a doubt the competition is over-priced. Rentals sit 6-months, 8-months, 1-year or longer vacant. Why? Your rental is over-priced. Period.

I called a realtor to ask about a rental that has been listed and vacant for 6 months to see if the owner was flexible in the price. I told her that I had a great client interested in the home, but wanted to pay a more reasonable rent for the unit. With disgust, I was told that the building covered all utilities which was included in the rent. I told her I knew that was not true because we have the exact same property in the neighborhood. Well not the same. Our is updated and upgraded. She then back-peddled and said well the owner wants to rent it furnished only. On the MLS listing, it states “furnished, but will consider unfurnished.” So the ad was misleading or the realtor was a liar.

I asked again about the price. I stated about the home being listed for 6 months and sitting vacant. Is the owner flexible? Again, I was given the run-around. Never once did she say she would present an offer to the owner.

Can this realtor read minds? I can’t. As property managers, we present all offers to owners. Ultimately the decision lies with you, the owner. You should decide whether to reject or accept an offer. Not a realtor.

I believe putting the owner in the driver-seat is what gives us so many happy clients and great reviews.

I never asked what the commission would be on the property. I never wanted a commission. I wanted to find a home that met my client’s needs.

Did this realtor ever stop and think, “my client has been losing thousands of dollars because his home is sitting vacant?” No. She heard reduced price, saw her commission drop and never consulted the owner. Would the owner accept a lower offer? We will never know because he will never be asked.

My client never saw the property or put an offer in. Why? A realtor discouraged an amazing tenant from a property that needed a renter.

So, this pile of cash continues to sit untouched.

For honest, reliable property management in Pasco, Hillsborough, Manatee and Sarasota counties, Florida, We Manage Your Investment.