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Savvy Real Estate Blog

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Things to consider when buying an old house

For many history buffs or lovers of old architecture, buying an old home is at the top of their list. They salivate when they see that 1700s-built colonial or that perfect Victorian from the late 1900s. They envision an old home as the ideal house for them and the one they’ve been waiting to buy for years.

So, when the opportunity arises to purchase that perfect old house – you know, the one you purposely pass each day on the way home from work - many people jump in with both feet…without really thinking about the consequences. While the historical home you’re eyeing might be in great condition – or APPEAR to be in great condition, more often than not there are many things to consider prior to purchasing and others for which you should be on the

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Reasons not to sell your own home

Whether it's a buyer's market or a seller's market, there seem to be some homeowners who insist on trying to sell their own property. If you ask them why they can no doubt provide you with several reasons as to why it's better not to get a real estate agent involved. The primary goal is usually saving money.

But if you examine the pros and cons of using a realtor to sell your home, it's easy to see that being a FSBO probably won't result in a huge savings – or a savings at all – and you'll add plenty more stress and frustration to the entire process as well.

Below we've compiled a list of 10 reasons why you should avoid the For Sale by Owner sign and opt instead for the placard of one of your area's top realtors.

  1. Underpricing – Statistics
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Real Estate Website Traffic

If you’ve got a career in real estate, you’ve got a website. At least you should! Indeed, it is the rare business these days that is successful without a website.

But many realtors and other business owners (and, remember, you ARE a business owner) don’t spend the time it takes to keep their website fun and interesting. True, most realtors do spend time building their initial site, but then it seems to fall by the proverbial wayside, with realtors only logging on when they want to add a picture and description of a new listing.

But what the other kinds of things you can do to refresh your site? What should you post? And will those items/ideas bring you more traffic?

Consider the following.

Is your site mobile-friendly? 

While some folks

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Listing Your Home During the Holidays

‘Tis the season, the saying goes. A season for fun and merriment. Family and friends. Gift-giving and receiving. Decorating, food, and a tasty little libation.

The holidays are a joyous time for most people and a great time to reconnect with loved ones. But some things might be best left until after the holidays – like selling your house, right? Well, maybe. Or maybe not.

Every year, there are plenty of houses on the market during the December holiday season. Some sellers do quite well at that time of year while others throw up their hands and think, “Why am I doing this?”

Well, there are always pros and cons to every situation, so here’s our take on whether or not you should try to sell your house during such a busy season.

Potential

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From Renting to Homeownership

Most of us rent our living spaces at one time or another. Whether it’s a room in someone else’s house, an apartment, or even a single-family home, renting is very often the best option for Americans just starting out…and sometimes for those who’ve been there and done the buying thing and are ready to scale down. (More on that in another blog!)

Anyway, suppose you’re now feeling quite settled and are tired of paying rent and watching your monthly payment disappear with clearly no financial advantage to you. You want to start building equity and want to select a place that you can make “your own”. So, in your mind, it’s time to buy. After all, if you can afford rent, you can afford a mortgage payment that’s equal to it, right?

Not so fast! While

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A Guide for New Real Estate Agents

Getting started in real estate can be fun and exciting…but it’s not always easy. Especially in areas where realtors seem to be a proverbial dime-a-dozen, new agents can have a hard time standing out in the crowd. It takes a lot of work, in the beginning, to get one’s name out there front and center AND plenty of consistent work to keep it there.

Marketing and Branding 

Marketing and branding. Those are certainly two “buzz” words of the 21st century. We hear them all the time, associated with products and services of all sorts.

Anyone in the real estate business should do their best to establish a “brand”, which is defined as a name, term, design, symbol, or any other feature that identifies one seller’s goods or services as distinct from

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Steps to Surviving your Home Sale

When your home goes on the market, it’s exciting because it usually means you’re heading on to something new and different. But selling your home can also be stressful, emotionally draining, frustrating, and all those other emotions. Things can go wrong, and feelings get hurt, expectations sometimes fall short.

But it doesn’t have to be that way. There are certain things you can do that will lessen the angst associated with selling a home, from proper pre-planning to other things that will keep you sane during the entire process – from the time the sign goes up until that last signature at the closing table. 

Prepare, prepare!

While most of us don’t just wake up one morning and decide to list our house, sometimes we don’t give ourselves

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Being a Buyer in a Seller's Market

It’s happening all around the country. You’re hearing the phrase “seller’s market” mentioned in conjunction with many of the real estate markets in the U.S. today.

Indeed, it’s a good time for sellers to capitalize on the fact that there are lots of folks hoping to buy a home but not enough homes to fulfill all those needs. That leaves sellers with a smile on their face and buyers wondering whether or not they’re going to be able to buy an affordable home in this tight market. 

As a buyer, you’ll especially feel the crunch if you’re looking for a home in a first-time buyer’s typical price range for your area AND if you’re looking for a home that doesn’t require that you go in and do a lot of repairs or updating. If you are a bit more flexible on

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Avoid These Mistakes During an Open House

If you’re a real estate agent, chances are you’ve had your share of sellers who’ve hounded you to hold an open house – or two or three – at their property. Or, if you’re a seller, maybe you’ve been the hounder – convinced that the only way you’re going to sell your property in a timely manner is to show it to the world via a Sunday open house.

Facts show, however, that an open house isn’t really necessary in precipitating the sale of a particular home, especially if the home is already priced right, is clean and attractive, and is readily available for showings.

However, realtors often have different reasons for hosting open houses. Such events can help the listing agent gain more clients by allowing him/her to prospect visitors that come into

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What to when selling your home wit bad neighbors

When a buyer considers the purchase of a home, they are buying not only a house but the neighborhood in which it sits and the neighbors surrounding it.

So, when you’ve got a problem neighbor that makes your home and other homes in the vicinity look less than desirable, what do you do? After all, your home is lovely, as are the others around it! It’s just that one inconsiderate or sloppy neighbor that’s giving your street a black eye!

How do you conquer this situation and still come out with the best sale price possible and a buyer that’s assured they’ll be happy with their new purchase?

Well, a lot of it will depend on what kind of problems the errant neighbor is creating as well as the type of community in which you live.

Obnoxious/Noisy

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