Tuesday, April 5, 2016

3 Things That Can Speed Up Your Home Sale

Listing a home only to have it sit on the market day after day can be a very frustrating experience for sellers. Being unable to close the deal quickly can leave home and property owners with limited options, and may even increase the risk that future market volatility may have a negative impact on the sale price.  Full Article

Here are just a few insider tips that can help ensure you are able to attract the interest of the right buyer, sooner rather than later.  

ENHANCE THE CURB APPEAL  First impressions are very important. A shabby exterior or unattractive lawn can be a significant liability when it comes to a quick and successful sale. Landscaping upgrades, new exterior siding, or paint and other simple cosmetic upgrades that will enhance the curb appeal of a property are a proven and effective way to minimize the amount of time a home will sit on the market. Creating and maintaining a more attractive exterior environment may even allow owners to increase the sale price of their home.  

DEPERSONALIZE THE PROPERTY  Prospective buyers often have difficulty getting the right feel for a home when interior environments are cluttered with personal belongings. In addition to a thorough cleaning, minimizing clutter, and removing decorations and furnishings that may be too distinctive or eclectic can ensure that potential buyers are presented with a blank canvas, one that they may be better able to picture themselves transforming into the home of their dreams.  

NAIL DOWN A MARKETING STRATEGY FIRST  Effective marketing is crucial to close the deal as quickly as possible. Relaying on conventional or ineffective marketing methods can make it difficult to capture the attention of prospective buyers in greater number. In addition to open house signs, flyers, advertisements, and marketing app like Homecodec, working with a professional who has a tried and true business plan can ensure that property owners are able to enjoy greater success.  

The right strategy is important so when you're looking for a real estate agent, make sure you understand specifically what they can bring to the table. Our strategy is called the New Rules of Real Estate. Contact an agent or check them out for yourself hereon our site to learn how best to tackle your home sale so that things go swiftly and smoothly.


Monday, April 4, 2016

9 Surprising Things That Add Value to Your House

A home’s value is dependent on many things. Here are nine factors you might not have thought about.  Full Article 

1. Surf Breaks Being within a mile of a surf break (a spot where surf-able waves happen) adds about $106,000 to a home’s value, according to surfonomics experts at the Monterey Institute of International Studies.

Reality check: Mother Nature makes surf breaks, so it’s not like you could build your own DIY break to boost your home’s value.

2. Parks and Open Spaces A desirable public park or other recreational open space boosts the property value of nearby homes by 8%-20%.

One study looked at 16,400 home sales within 1,500 feet of 193 public parks in Portland, Ore., and found these boosts to home values:

  • Natural areas: $10,648 
  • Golf courses: $8,849 
  • Specialty parks: $5,657 
  • Urban parks: $1,214


 Reality check: A park that’s not maintained and overcrowded can drag down nearby home values.

3. Living Near a Walmart Along with making it easier to run out for a gallon of milk at midnight, researchers at the University of Chicago concluded that living within a mile of a Walmart store could raise your home’s value by 1%-2%, and living within half a mile could boost your property value by an additional 1%.

For an average-size home, that’s an uptick of $4,000-$7,000.

Realty check: What you gain in home value, you may end up spending at Walmart  

4. Solar Photovoltaic Systems California homes with solar photovoltaic (PV) systems sell for a $17,000 premium over homes without solar systems, according to research from the U.S. Department of Energy’s Lawrence Berkeley National Laboratory.

Reality check: Although costs for residential solar power systems are falling, they’re still rather pricey at $15,000-$40,000, depending on the size of your house.

5. Walkability Being able to stroll to schools, parks, stores, and restaurants will raise your property value anywhere from $4,000-$34,000, says a 2009 study from CEOs for Cities.

Reality check: The biggest boost in walkability values occurred in large, dense cities.

6. Accessory Dwelling Units Whether it’s a granny flat, an in-law apartment, or a carriage house, having a separate unit can increase your home’s value by 25%-34%, according to a study of 14 properties with accessory dwelling units in Portland, Ore. You can also get a steady stream of income from a second unit.

Reality check: Local governments often ban accessory dwelling units, so check zoning laws, building codes, and homeowners association rules before you add a unit.

7. Professional Sports Arenas A new pro sports stadium can raise property values in a 2.5-mile radius by an average of $2,214. The closer you are to the new facility, the larger the increase in home value. Researchers from the University of Illinois at Urbana-Champaign and the University of Alberta examined house sales in Columbus, Ohio, before and after the city added two sports stadiums.

Reality check: If a stadium is proposed, home values can decline a bit until the project is complete. And if you live really close to a stadium, you may encounter traffic and parking issues.

8. Community Gardens Planting a community garden raises the value of homes within a 1,000-foot radius by 9.4% within five years, according to research by the Office of the Comptroller of the Currency and New York University School of Law.

The impact increases over time, and high-quality community gardens have the greatest positive influence. Poor neighborhoods saw the biggest gains in home values.

Reality check: Gardens on privately owned land and in higher-income neighborhoods don’t have the same beneficial influence.

9. Trees No real surprise here — whether trees are in your yard or just on your street, they’re a valuable asset you should be aware of. Here’s a gauge of how much trees are worth to your home value according to a University of Washington research survey:


  • Mature trees anywhere in your yard: 2%. 
  • Mature trees on your street: 3%. 
  • Trees in your front yard: 3%-5%. 
  • Mature trees in high income neighborhoods: 10%-15%. 


Reality check: Trees usually mean work — raking leaves, trimming branches, and keeping roots out of sewer lines.


Sunday, April 3, 2016

5 Most Common Pricing Mistakes Sellers Make When Listing A Property

 In a favorable real estate market, it’s common for potential sellers to fall victim to the notion that they can do no wrong. In reality, nothing could be further from the truth! That's why home pricing with local market knowledge is one of our New Rules of Real Estate. It's that important for success. 

Avoid these classic mistakes to ensure you attain the highest possible value for your home, in the shortest amount of time.

TAKING A ‘ZESTIMATE’ AS GOSPEL.  Estimates from sites like Zillow are just that—estimates! To determine a logical listing price, it takes a trained professional. That's because a trained professional takes into account things that a simple estimate database can't like daily or weekly market conditions and intimate neighborhood knowledge. Finding an agent with focused experience in your community—and taking his or her research, experience and insight to heart—is the best way to go about things.

OVERPRICING YOUR HOME RIGHT FROM THE START.  Sure, it certainly seems logical to up the asking price of a property in anticipation of negotiations. The problem with this logic however is that it often backfires, and when it does, you’ll be forced to lower the price of your home, thus painting it in a needlessly unfavorable light.  Overpricing can lead to your house sitting on the market untouched and is much more dangerous than underpricing. Likewise …

PRICING FOR THE FUTURE.  Home values in your neighborhood might well be on the rise, but you’d be wise to resist the urge to jack up the listing price because of it. This is merely another way to overprice your home and, ultimately, wind up in a position that forces you to lower the listing price.  If you price your home based on current sales and the present state of the market, you will have more interested buyers and a better chance of competitive offers. 

CHOOSING THE LISTING AGENT:  Listing your home with a flat fee brokerage that allows you to list on the MLS for a flat fee rather than charging a traditional 3% listing commission will allow you to keep more in your pocket. Savvy Lane empowers sellers to sell with help and keep the commission.

LETTING EMOTION CLOUD YOUR JUDGMENT.  Particularly when it comes to selling a property, this one’s often easier said than done. But it’s critical to bear in mind that, at the end of the day, selling real estate is business, and the decisions you make during this process will impact your life in more ways than one. First Team agents use competitive market analysis and our own tool Market Trends to provide you with the facts you need to set the right price, right away. Because you need the facts, not wishful thinking.   For help pricing your home, talk with a First Team agent. You can search for a professional in your area or reach out and we'll match you with a top listing agent based on your neighborhood.


Friday, April 1, 2016

This is Not an April Fools Joke.. We are one of the Fastest Growing Brokerages

This is not an April Fools Joke. SavvyLane.com is one of the fastest growing brokerages! Join the revolution and list your home with Savvy Lane.

Savvy Lane has rebuilt real estate from the ground up by combining For Sale by Owner and the traditional process. Using our flat fee MLS service will save you thousands of dollars by eliminating the traditional 6% commission. By listing your property on the MLS and hundreds of real estate websites you will increases your exposure tenfold.

Today 98% of buyers start their search online, make sure your property is seen on as many sites as possible with our flat fee MLS options. As a licensed brokerage Savvy Lane will provide access to the MLS, forms, yard signs, lock boxes and support to help you sell like the pros. Our proven technology has transformed the selling process.  

Savvy Lane has helped thousands save millions on commissions. Join the revolution and let us help you today.


Wednesday, March 30, 2016

10 Secrets That Get Homes Sold

Here are a few tips to get a home sold quick:  Full Article 

1. Think about who the buyer is going to be based on the community and what’s happening in other nearby homes.

2.  Sell the seller on a stager. Tell them to put their buyer hat on. The home needs to appear to the masses.

3. Tell sellers to think from traditional to transitional. Even if the home is nice, but the furniture is outdated it will look that way online.

4. Give a homeseller options. Present them with the price different between working with a home stager and not.

5. Be suggestive on how a space can be used, but let the buyer form their own opinion.

6. Get out of the mindset of a specific room’s purpose. You never know who is going to walk through the door.

7. Give your honest and professional opinion. Push a buyer as far as you can to stage the home to its fullest– but know they can push back.

8. In a listing description, talk about the lifestyle of the house. A lot of buyers want a project, so play up the positives.

9. Figure out what components are going to sell the house and don’t let the sellers mess with it.

10. Get a stager in early so they can think through the space, prep for it and make thought-out decisions.


Tuesday, March 29, 2016

Reasons To List For Sale By Owner

You are probably thinking selling my home is way to difficult to do yourself. Stop right there- it's not. Why would you pay thousands of dollars to a "middle person" just to enter data on the MLS? You have lived in the house, made improvements and know your home better than anyone else.

Join the revolution and sell your home with Savvy Lane, a top flat fee brokerage that lists you on the MLS for a one time flat fee rather than a traditional 3%. Savvy Lane is real estate for the real world. Take the guesswork out of choosing the right realtor.  Do it yourself and save thousands of dollars.

1. FSBO Market is Increasing
According the MLS and many markets worldwide FSBO is increasing and taking 5.5% of the market share. By 2020 it is suggested to take up to 20-30% of the market. Listing with via a flat fee brokerage is the wave of the future.

2. Pricing Your Home
The key factor to selling your home is pricing it correctly.  Listing with a flat fee brokerage like Savvy Lane you can request a detailed market analysis to determine the best market price to list your home.

3. Exposure 
Listing with a flat fee brokerage you get all the exposure you would get listing with a traditional agent. You will be listed on the local MLS syndicating to hundreds of website that buyers are searching on. In addition, Savvy Lane offers all the marketing tools such as a keybox, post with a custom sign that has your phone number printed on it, open house signs, etc. See below

4. Tools
Our Flat Fee MLS packages offer all the same tools that a traditional listing agent would and more. Once you proceed with your listing, you can add any of these additional listing tools.  As a For Sale By Owner you can use these professional tools and services to sell effectively.

5. Paperwork
Savvy Lane offers all the paperwork to list and sell your home. We give you access to all MLS forms to successfully write up an offer. As a brokerage we have a team of licensed agents to help you with looking over offers, negotiating, setting up a counter offer, etc. We pride ourselves on amazing customer support and service. Don't take our work for it, checkout our reviews. 

6. You will make more money listing with a flat fee brokerage 
Listing with a traditional agent you can say goodbye to 6% of the sale of your home. Listing with Savvy Lane you are able to save the commission and list with help. On average our sellers save $12,000. Calculate how much you can save.

7. 7 Day a Week Customer Support
We promise amazing customer support  give us a call 800-915-9174.  Our licensed brokers are here 7 days a week, can the other guys say that?



Thursday, March 24, 2016

How to prep your home for the Spring selling season

The first day of Spring is March 20th. But if there’s no snow on the ground in your neighborhood today, the Spring selling season has already begun – according to this U.S. News article by Teresa Mears.

If you want to sell your home during this year’s spring selling season, now is the time to get moving. Sellers can rest assured that if there’s no snow on the ground, homebuyers are already looking.

Today’s buyers, particularly younger ones, have high expectations. They are looking for a home in excellent condition, with all its best features showcased.

“It’s the HGTV effect,” says Tiffany Hardgrave, owner of Masterpiece Staging and Design in Washington, D.C. “People want to walk in and have everything perfect.”

With these preferences in mind, the most important things you can do are deep clean and declutter, removing big pieces of furniture. Next comes trimming foliage and sprucing up outdoor areas, including planting flowers if it’s not too early.

“As things are turning into spring, it’s time to power-wash the house and repaint the front door,” says Madison Hildebrand, president of The Malibu Life Team and founding partner of Partners Trust Malibu. He also appears as a real estate agent on “Million Dollar Listing Los Angeles” on Bravo. “Your color can pop at the front door,” he adds.

In addition to getting the house in top condition, you’ll want to think about your selling strategy. Are you going to use a traditional real estate agent, sell it yourself or use one of the do-it-yourself services that have sprung up in recent years?

You can also consult a staging professional. For $200 to $300, you can consult with an expert who will make recommendations on how to show off your house using the furniture and possessions you already have inside it. Or, for $3,000 to $5,000, you can get a stager to bring in all new furniture and accessories for an empty house. “Invariably, the cost of a stager is much less than the cost of your first price reduction,” Hardgrave says.

Whichever option you choose, you’ll want to make sure your home gets in front of the maximum number of prospective buyers, which means posting it on all the online portals (some are free while others require a fee if you post yourself) and maybe even creating a website. You’ll also want your home on social media, with both you and your agent doing the sharing.

“You want everybody to know you home is for sale because that’s how you get the highest price,” says Sissy Lappin, a veteran real estate broker in Houston, and founder of ListingDoor.com, which provides marketing tools to sell your home without an agent. “People want the information, and they want it in 15 seconds or less.” Full Article

Here are 10 things you can do to prepare your home for the spring selling season:

Fix all the small stuff. You may or may not want to have your home inspected before you list it, but know that the buyer will have an inspection before the sale is finalized. If they find small problems, they will worry that there are larger maintenance issues that they can’t yet detect. “They don’t expect to find problems, and when they do they really start to become wary,” Hildebrand says. “That can kill a deal.”

Get rid of oversized and excess furniture. The less furniture you have in your house, the larger it will appear when buyers are touring it. Sell or donate pieces you don’t plan to move to your new home, and store large or ugly pieces. You can rent storage pods, fill them yourself and have them delivered to your new home.

Clear out all the clutter. That can be everything from magazines on a side table to the kids’ boots in the hall to your blender on the kitchen counter. The home needs to look sleek and minimalist. Put everything you can away, but don’t overfill closets because prospective buyers will look there, too. “If we have too much stuff around and too much clutter, people want to walk out,” Hardgrave says.

Depersonalize. Your home may reflect your life, but you want new people to visualize it as their home. That means removing all the family photos, trophies and any political or religious décor items. Strive for a clean slate.

Deep clean your home. Everything needs to be cleaned thoroughly, inside and out. You’ll want to clean out closets, wash all the windows and have the carpets cleaned. Moving your out-of-season clothing elsewhere will make your closet look twice as big, Hildebrand says.  Update and freshen your décor. Many of today’s home sellers are baby boomers, while the buyers are millennials, making them essentially a generation younger. Wallpaper, salmon-colored décor and heavy drapes all appear dated to the younger generation, which prefers minimalist and modern. An easy fix is putting brighter light bulbs in all your fixtures to create more light. “This is not the time to be energy-efficient,” Lappin says.

Focus on curb appeal. Most buyers drive by before they ever ask to come inside. It’s time to trim trees, clean gutters, clear out dead landscaping and add new sod and flowers. Consider resurfacing your driveway, getting a new mailbox and numbers and painting your front door. “It’s a huge first impression,” Hildebrand says. Make sure your home is lighted at night in case prospective buyers drive by after work.

Repaint in neutral colors. Builder white and beige look dated, with warm neutrals such as soft gray or pale taupe preferred, Hardgrave says. “Everybody likes their red dining room, but the buyers cannot picture themselves there,” Lappin says. If your home is already painted in neutral colors, consider a fresh coat of paint.

Get professional photographs. If your home doesn’t show well in the photos, people won’t bother to visit. Some real estate agents provide professional photos as part of their marketing package. Photos taken with a phone or tablet aren’t acceptable, and you may want your stager at your photo shoot. “Great photos don’t happen by accident,” Hardgrave says.

Create a story. Write a paragraph about why you love your home and post it with the listing. Put together information about improvements you’ve made. Lappin’s company hires professional writers to do home descriptions. “Happy homes bring more money,” she says. “The power of the story is incredible.”