Showing posts with label Oregon Real Estate Agent. Show all posts
Showing posts with label Oregon Real Estate Agent. Show all posts

What Renovation Projects Will Net You the Most Money?




Today's topic answers a question every homeowner wants the answer to. What major improvement can you make to your home to add the most value? If you're thinking about doing major renovations to your home, there are certain areas you should focus on to net the biggest return.

Whenever you are looking at doing a renovation project, you want to make at least $1.50 for every $1 you put down. The places to look for the best return are kitchens, master bedrooms, and bathrooms. Things like adding custom cabinetry, installing new appliances, putting in new countertops, and updating your fixtures all add value to your home and enhances your home's appeal.


You don't always have to spend a lot of money to add value to your home. Something like increasing the curb appeal of your house can go a long way; make sure the lawn is mowed and edged, the bushes are trimmed, and the exterior of your home is freshly painted. On the inside of the home, painting walls and improving surfaces such as floors and countertops will get you the best bang for your buck!

If you would like to learn more ways to add value to your home, or if you have any questions about Pacific Northwest real estate, don't hesitate to reach out to me. I would love to hear from you!

How to Handle Multiple Offer Situations




Today we're going to talk about handling multiple offers as a buyer and seller in today's market.

As a seller, you want to position your home to get the most offers and the highest price possible. The best way to do that is to ensure that you have the best product in today's market. Make sure that your home is going to appeal to as many buyers as possible. To do that, it's important that your home is staged correctly, marketed to as many people as possible, and priced correctly.

The market will dictate what your home is worth. If you price just below market price, multiple offers could drive the price over.


As a seller, when you get multiple offers, pay attention to the quality of the buyer. Anybody can write you an offer, but if they can't close, it doesn't matter how much they are offering. Make sure that the buyer is pre-approved and can close on the home.

As a buyer in a multiple offer situation, there are a few things you can do to make your offer stand out. Give them a clean offer. Make sure you're not asking the seller for very much. Sometimes not asking for closing costs can help. Make sure you're netting the seller the most money in this situation, and that you can follow through and close.


Those are just a few things for buyers and sellers to keep in mind during multiple offer situations. If you have any questions, or would like further advice, please give me a call or send me an email. I would be happy to help you!

How to Avoid Common Buyer and Seller Mistakes




Today I wanted to help you avoid mistakes that we see buyers and sellers make. Most of them are very easy to avoid, you just have to know what to watch out for.

One major mistake that I see home buyers make is trying to work directly with the listing agent. This is a bad idea because the listing agent represents the seller, and this puts you in a position where you can get taken advantage of. The listing agent is watching out for the interests of the seller, not for you. 


Mistakes that I see sellers making have to do with pricing their homes. A lot of sellers think that they can price high to begin with and then come down lower. The higher your home is priced, the longer it will sit on the market for sale. Buyers usually don't respond well to overpriced homes, so that's why it's usually recommended to price at or below the market value.

Of course there are a lot more mistakes that I see people making, so if you have any questions about these issues, please don't hesitate to reach out to me.

Oregon & Washington Real Estate Market Update




People are constantly asking me whether we're in a buyer's market or a seller's market. That answer can change depending on what price range you're in and what area you're looking at.

We are in a heavy seller's market right now. The reason for this is that we have a very low inventory, less than two months available.

This means that there are very few homes available, and with such a low number of homes available, prices are being driven up. This makes it a great time to sell, but it's also a good time to buy because you can expect some appreciation on your home. 


It's also important to remember that interest rates are beginning to rise slightly. Rates are currently at 4%, which makes it an extremely affordable time to purchase a home. You have the chance to save thousands of dollars in interest over the lifetime of your loan. 

If you need assistance buying or selling in the Oregon & Washington area, please don't hesitate to contact me!