What Is The Best Time To Sell A House?

What is the best time to sell a house?  The simple answer to that question is that there is not a bad time to sell a house. But some seasons are certainly less of a challenge than others. There is a seasonality that is very consistant for home sales.  The graph below shows the typical shape of the sales curve for home sales in Wake County. The first thing you'll probably notice about … [Read more...]

How Long Before The Real Estate Market Comes Back?

How long before the real estate market comes back?  That is the question on everyone's mind these days, isn't it?  Experts expect it to take well over a decade. Anyone who has a home to sell has a big decision to make.  Or so it would seem.  Do I sell now, or wait for the real estate market to come back? Let's take a look at the facts, on a local basis, and see if we might be able to … [Read more...]

NC Real Estate Contract Has Big Changes For 2011

The NC real estate contract has changed dramatically for 2011.  The new North Carolina real estate contract, called the Offer To Purchase And Contract, will require a totally different approach to the home buying process.  Let's take a look at the major changes to the NC real estate contract. Due Diligence Period: The biggest change to the NC real estate contract is the addition of a due … [Read more...]

Are You In The Market or Out of The Market?

Sometimes we end up overcomplicating what it takes to sell a home in today's competitive real estate market.  You are either in the market or out of the market.  And it's really pretty easy to tell which applies to your listing. My friend Jay Papasan explains this concept in simple, plain language.  Take a look at this video and then contact me to talk about exactly what it will take to get … [Read more...]

Vacant Homes Are Insurance Risks

Leaving a home vacant can cause you to be exposed to serious insurance coverage risks. You could face a loss of thousands of dollars only to find out that the coverage you thought you had does not apply. When a home seller has a new job in another city, or a loved one somewhere else who is in need of their care, sometimes they must move on before their house sells.  Chances are good that their … [Read more...]

Initial Price Determines How Fast And For How Much Your Home Sells

Initial price has emerged as the single most important factor in selling a home for the most money in the shortest amount of time.  Pricing too high has serious risks with regards to eventual sell price and days on market. You want the same thing every other seller on the planet wants.  Your home to sell fast and sell for the most money.  But the hard cold reality is that currently only … [Read more...]

The Tax Credit Robbed Buyers From The Furure

What was the impact of the Home Buyer Tax credit?  It definitely had an impact on the local Raleigh area real estate market during the first half of this year.  Was it a positive or negative impact?  Was it good for buyers?  Was it good for sellers?  Let's  see what the numbers tell us. As we try to understand the impact of the Home Buyer Tax Credit, the first place we should look is … [Read more...]

Does A Fence Add Value When You Sell Your Home?

Does installing a fence add value to your home?  I get lots of questions about making home improvements.  Some from clients who are selling their home and want to be competitive when we list.  Some from past clients who want to add a feature or improvement for their enjoyment and want to know if there will be some return when they sell. The most shocking thing I tell some people is that no … [Read more...]

Finding A Real Estate Agent To List Your Home

Finding a real estate agent to list your home for sale is clearly the first step for many people.  The National Association of Realtors (NAR) reports that 84% of all home sellers used a real estate agent.  So if you are like the vast majority of home sellers, you too will need to spend some time finding a real estate agent who is right for you. When beginning the task of finding a real estate … [Read more...]

So How Is The Raleigh Real Estate Market?

How is the Raleigh real estate market doing?  I get asked this question many times every day.  I've tried the short answer.  You know the ones... great... awful... better... up and down.  But no quick answer really paints an accurate picture of the Raleigh real estate market. The best way for me to reply is probably, "why do you ask"?  The Raleigh real estate market is actually made up of … [Read more...]