How To Sell Your Own Home in Maryland : Home Selling Tips & Precautions

 How To Sell Your Own Home in Maryland  : Home Selling Tips & Precautions

 Read Complete article here: http://www.reallynicehomes.com/blog/how-sell-your-own-home-maryland-home-selling-tips/

How To Sell Your Own Home in Maryland? 
Thinking of selling your home yourself?
Thinking on selling your home on your own?
For Sale by Owner (FSBO) There are some people that sell their home the  FSBO way.
The majority of these sellers do it because they know the person they are selling it too. Most often this involves family members or close friends.
But in most cases they sell their own home to avoid paying a commission to an agent.
This is a risky move for anyone to try as it  reminds me of a time when I met one of my clients for the first time..
First, allow me to introduce myself.
My name is Fernando Herboso, I’m the broker for Maxus Realty Group in Montgomery County Maryland.
I would like to take this opportunity to tell you about this client of mine that had to sell his home and was looking for ways to save money.
He had a dilemma, as he was considering selling his home on his own in an effort to save commission,  but he also knew that selling his home as a FSBO was too time consuming and too risky for him.
Luckily he listened to my presentation as he realized that a very small percentage of FSBO are usually successful.
Why try to overcome the odds and take on the difficulties of creating marketing systems just to sell one home?
I reminded him that my systems were already in place as my company  spends thousands of dollars each month making them run efficiently for all our listings...
That's when I decided to create a postcard that depicts clearly the difficulties for all For Sale By Owner candidates trying to save on commission fees.. .ignoring the facts that it takes time and money to market a home...if you want to achieve the highest value possible.
Here is what we created:


The odds of overcoming the difficulties in selling a home by creating system from scratch.. .simply does not make any sense these days...
This is why my client realized that he had to employ the services of a full time real estate professional, (that is) if he wanted the odds on his side.
I introduced to all my “Home Selling Systems” one evening at his home. I showed him how we were able to attract buyers for our listings as we multiplied the number of showings by 10 in just the first 7 days we had it listed.
The home was SOLD soon after in just in 27 days, and he  was able to save thousands of dollars on commission fees by "NETTING" more money at the closing table.
Should you decide, at any time, that you could benefit from the expertise and skills of a professional Real Estate Agent with a proven track record of success and marketing systems ready to promote your home..
I’m only a phone call away (301-246-0001)
You are under no obligation and I can assure you that our meeting will allow you to explore your options even more so. . .

Should you use a ZESTIMATE to sell your house? 

 I also invite you to watch this video and see how a Zestimates may or may not help you sell your house...

Click here to get started!

 How To Sell Your Own Home in Maryland  

: Home Selling Tips 

Read More Here: http://www.reallynicehomes.com/blog/how-sell-your-own-home-maryland-home-selling-tips/

Preparing Your Home To Sell Kitchen Remodeling Tips [INFOGRAPHIC]

Preparing Your Home To Sell

Kitchen Remodeling Tips 

The kitchen is one of the most focal points for buyers when looking at homes
A kitchen is family and family hangs around kitchens
Is the heart of any house after all. ..
When preparing your home to sell, the kitchen should be  priority #1
Here are five tips taken form a survey created by Houzz.com asking prospecting buyers
What are the most important things they desire in a kitchen

The top five are below. .

Don't get carried away,.
Consult with your real estate agent before spending thousands of dollars if you are renovating your kitchen to sell your home soon.
There are companies that offer exclusive design services like IntegratedKitchens.com 
I always figure the return on the investment based on condition, location and comparables around my client's neighborhood.

Ask your agent to do the same for you.

In some cases remodeling your  kitchen may not be such a good idea.

Always try to maintain yourself neutral with light colors if you wan to appeal the masses.
Introducing a new bright color like yellow, red or blue can be a turn off to people that do not like yellow, red or blue. . instead introduce removable accents like flower pots, light fixtures or wall decorations.

If you re considering selling your home soon, give us a call for a quick consultation how to prepare your home to sell

or just simply go to:

www.ReallyNiceHomes.com/selling

Intelligent Real Estate Services

                                   Kitchen Remodeling Tips 

When Bad Neighbors Hurt Your Home's Sale

When Bad Neighbors Hurt Your Home's Sale

This post was inspired while  speaking to a potential seller who stated .. .

"We are considering selling and getting away from here because of a bad neighbor"

After more than 20 years in real estate, this was not a surprise for me, but I reflected on this particular homeowner. ..

What an awful position to be in. .

You are moving your whole family, selling your home . .just because a neighbor?

As you know, pricing and condition are key factors in selling any  home, but there’s one  factor that could influence a buyer’s decision and trump all others. .

Your neighbors!

When buyers come looking to your home for sale, 

They are not just looking at your home but the whole neighborhood as well. .

Then how do you sell a home when bad neighbors create a bad impression when selling your home? 

This is the time where homeowners appreciate HOA's 

If you have an HOA, you may want to enlist and tackle the problem with their help. .remain anonymous if possible

There are also  likely ordinances in place from city ordinances  that require lawns to be reasonably maintained, failure to do so can result in fines, which is usually enough to persuade some homeowner to take better care of the property.

Dealing with bad neighbors can be annoying, but it could cost you money if you are selling your home

A tactful plan of attack using a good listing agent is very important here

Because of a bad neighbor, you should not have to sacrifice the value of your home. 

Watch the video for more tips and focus on successfully selling your home with the right person representing you.

"Intelligent Customized Real Estate Services To Sell Your Home for the Most Money

.... and the Timing to Match Your Family's Needs"

www.ReallyNiceHomes.com/selling

How To Price Your Home To Sell and NOT Fail

How To Price Your Home To Sell and ....NOT Fail 

Home Selling Tips For Maryland Homeowners

Q: Do Agents Control The‘Market Value’ Price of Homes?

    A: NO!

Agents Just Report Value To Sellers

The job of an agent is to report to sellers what home

buyers are willing to pay for a home at a specific point

in time.

Who Then Controls Price?

Generally speaking, the price of your home is a range

that is determined by condition, motivation, timing

and location.

So my agent and I don’t choose the price?

No, it is a consensus between buyers & sellers who reach

agreement on home sale prices. This agreement is called

current market value…. and all financial institutions

subscribe to this to lend money based upon this consensus

Home prices are not set by a single seller wishing for more money.

"The Stock Market Process Is Similar

To How Home Value Is Determined"

What do you mean the Stock Market is similar? 

This is what I mean . .

The price that you paid for your home has little

impact on the actual value of your home today…

The value of your home is really determined by the

buyers and the amount that they are willing to pay.

Like a stock share. .

Buying investors determine the value of each share

Not the company’s CEO!

If a share is valued between $20-$25 each. .

NO ONE WILL BE WILLING TO BUY IT@ $30 per share!

"Even if you advertise it in the middle of New York's Time Square!"

Read more . . click on the picture below

Our firm commitment and a promise if we list your home.
When Fernando Herboso's team represents you exclusively in the sale of your home, you can expect our commitment to success during the entire selling process.  Taking the time to understand your wants, your needs, and your expectations from the very first day. Most successful real estate agents only focus on what works. For over 20 years, I have researched and developed systems for my practice and trained real estate agents on the latest methods in marketing properties to sell. Most real estate practitioners are stuck on the pre-Internet era when selling homes. We utilize the latest techniques to bring the spot-light for all our listings.

 ReallyNiceHomes.com/Selling

The Marketing Of Your Home "on Turbo"

Selling Homes. .. (The Logical Way)

Selling Homes. .. (The Logical Way)

If you know about real estate, you've most likely heard the term already

"Location, Location, Location"

This is a little too disingenuous for some people and it distracts them from the actual true 

In reality, location is only one factor.. 

Condition and price are just as important.

The actual order of these three are in my opinion as follows.. .

"Price, Location, Condition"

Location may indirectly affect the price of your home but the price always affects directly the selling of any house.

as condition remain a distant objective that can be solved when time passes and more money is invested.

You may have the best location, a penthouse in the middle of Washington DC overlooking the Washington Monument .. 

The wrong price trumps and stales  this property no matter how superbly is located.

You may have a rowhouse in Baltimore around  bad neighborhoods...and crime all around 

The right price will sell it every time! (no matter the location) 

Price moves houses

Price determines the market 

The buyers  acceptance of price determines the actual value of your home

PRICE- LOCATION -CONDITION

 If you are seller. .you should write this down

A home inside a bad location will  sell if the price is right 

A home in bad condition will sell if the price is right

A home with the wrong price will not sell until its corrected!

PRICE is what sells a house! 
not LOCATION..nor CONDITION

Life goes on and listings sit unsold, 

Many blame their agents .. but the blame should be is mostly on the seller's side 

There is no hope when you are selling a house for several thousands of dollars. .

Is a major purchase and  buyers will not overlook a seller's greed when they are obviously 

overpriced...They know you are overpriced and their rejection is very clear

Not your agent

Not your flyer 

Not the marketing. .

Not your sign

it's the price...as simple as it sounds

Buyers will overlook burgundy tile and flower wallpaper in the bathroom

Buyers will overlook 70's wood paneling in your basement

Buyers will overlook the water stain on the ceiling under the top floor bathroom. .

But. . I can assure. .

Buyers will not overlook when you overprice your home!

Your home will become stale. .

with  no showings anymore

You see. .

Don't put blame on the number of open houses. .or the lack of

Don't put blame on an agent that was just trying to please you.

Is not about home much you need to net. .

or 

How much money you need to  retire to Florida. .

It's about the price.

nothing else. .

To find more helpful information about selling your home, read my eBook

Ten Ugly Truths You Must Know Before Selling Your House in Maryland

Price,Location ,Condition -- NOT Location, Location. Location . .What Sells A Home

Selling Your House Should Not Be Filled With Stress and Anxiety. .

Selling Tips For Homeowners

If you are selling. .

Innovation and creativity are are very important considerations for the marketing of your property. 

With the rapid changing housing market and the introduction  of the Internet, We are charging on the forefront for some of the most innovative practices in real estate that will assure exposing your market the the right people at the right time.

What does "NOT" selling a house should not be for consumers. 

Selling your home should be always an enjoyable process, not one filled with stress and anxiety.

Education of the process is a good start. .

Frequent communications is also a great way to keep worries away

Stress comes from the unknown. 

Anxiety comes when you don't have a crystal ball to see where, when and how the selling of your house is going to be.

As a listing Broker, I put a customized blueprint together based on facts and probabilities pertaining the specific needs for each of my listing clients. .

Where understanding the market kills the anxiety 

As the stress level drops from knowing that you've hired a seasoned real estate professional . .. someone who not only have the professional business experience, but also offers you his/her wisdom to guide you trough the many decisions and concerns during the sale of your home.

Here's a sample of a satisfied client. .with no anxiety or stress

The "10 Ugly Truths You Must Know Before Selling" is part of a complete home selling system that I've developed during the past few years ▬ embracing new technology and rejecting old past techniques from the 80’s. .

Find these and many more helpful information inside our guide. .

Ten Ugly Truths You Must Know Before Selling Your House in Maryland 

 

Selling Tips For Homeowners

How To Sell Your Own Home in Maryland

How To Sell Your Own Home in Maryland 

FSBO is an abbreviated form of for sale by owner. 
Sometimes it is also known as Fisbo or Fizbo.
Not really sure how and when this was started, but I can assure you that it wasn't meant as a derogatory term rather than a brief term to describe you.
FSBO are homeowners that want to sell their property without any assistance of real estate agent/company. 

If you're thinking, "I should sell my house without a realtor," the current real estate market and explosion of the Internet has made this possible in the last few years but, 
There are danger and expensive consequences id you are not fully informed of all your options

Pricing Your House Tips for FSBO's

see video below

The decision to sell you house without a Realtor® is one you should make carefully. 
If you're comfortable with the sales process, going FSBO may be an option to help you save money. .but If you're not comfortable with the negotiating process, then you may want to consider using a Realtor® that understands the reason why you are choosing this path.

 Before anything else, your first step should be to at least check out what we offer you inside FSBOpluz.com

We understand!

See more fsbo video Tips for sellers in Maryland 

How To Sell Your Own Home in Maryland 

For Sale By Owner MLS Listing Services MD- DC - VA: Using the Internet to Sell Your House as an FSBO

For Sale By Owner MLS Listing Services MD- DC - VA: Using the Internet to Sell Your House as an FSBO 

For Sale By Owner, or FSBO as is more commonly called , is the process of selling real estate without the representation of a real estate broker or real estate agent; however, it is a time where a homeowner may be the most vulnerable to lose a lot of money and/ or open themselves to legal issues. .
FSBOpluz.com was born out from this need. .

Our company will allow you to sell your house on your own PLUZ have the assistance of a professional broker on your side.

Watch this video about the importance of the Internet when selling your house

In an attempt to save a few dollars, a for sale by owner  may end up losing a lot  of money by being bullied on the negotiations part. 

If a buyer who is represented by an agent is interested in a FSBO home, that buyer's agent may already know that the seller is saving 6% . . and they have room to negotiate already. 

Statistics show that most FSBO's do not actually save the 6% but pass on the savings to the buyer while they represent themselves

Check FSBOpluz.com for other important information about:
How to sell your home as an FSBO
More Tips for For Sale By owners:
SEE MORE VIDEOS HERE

                                                                                      You are not alone. . 

FSBO Listings Services for MD - DC - VA | Pricing your Home To Sell Fast

For Sale by Owner Listing Services 

The Pricing Of Your Home

Overpricing your house can make it take longer to sell,
Under-pricing your house can make your house sell fast. .
So you want to get the price just right.
Not too high. . not too low. . just right

There is a myth out there that is going around. . 

You want to "try" the market . 

others call it "Testing the Market" 

But I can assure you, right here --right now
You are not fooling anyone!

You house will sell for what a lender is willing to lend to the buyer. .
and lenders use APPRAISERS FOR EVERY LOAN!

While you may set a high price with the idea of having negotiating room, if you set it too high, many prospective buyers won't even bother looking at your home. . 
The ones they do are comparing them with "well priced homes" and you will be losing in the comparison game.

In reality, having some negotiating room is fine, but even in a sellers market , overpricing by more than 10% will make your competitors look good and you will be the reason why those houses sell 

Watch the video below to see the importance in pricing your home.

Ss

Did you know that just the fact that you are a FSBO alone would put you at a disadvantage when negotiation the sales price.

The other side knows you are saving the commissions. . and they want part . . or all of it!

Buyers aren't fair. .but they are smart!

 If I was a seller, knowing what I learned by being a broker and real estate agent since 1990..I would order an appraisal.

A $500 investment that will assure me a good platform to negotiate for my house. . .
and I will not blindsided with low offers and wondering if I should take them or not. ..

                       You are not alone. . 

For Sale by Owner Listing Services 

The Pricing of your home

Short Sale After you've Missed Your Mortgage the Last Three Years?

What is the Process of a  Short Sale 

After you've Missed Your Mortgage the Last Three Years?

There are not as many short sales as before. . .still many homeowners are now being pushed in doing short sales because the lenders had enough!

 Many homeowners quickly found out that a modification was a lengthy process that could keep them inside their houses while waiting for lost paperwork and many reviews.

Lenders were obliging. .

Not anymore

We are now  getting many calls from people that have exhausted all their options until now. .

And they are being forced to choose.. .

As the second call for help came to me today. .surprisingly two in a row under the same scenario. .

The banks says. .

" Either DO a Short Sale or we will Foreclose!"

If you find yourself in the same predicament, 

My advice is for you to control the situation and let a short sale dignify your exit from your house that carried you for so many months without payments. .

This is when you take control of your exit for an easy transition to a new location where you will choose to live. .

Every case is different,. 

Every lender has its policies . .

But if the lender is suggesting to do a short sale after you've missed 3 years of mortgage payments. .

You should take that. .

. .unless you have the money to pay the entire balance off from all the mortgage payments  you've missed paying. . 

I asked the person that called me today. .

When was the last time you made a mortgage payment? 

"Her answer was 3 years!"

Just to refresh you about the short sale process. .

The process of a short sale begins with identification of your current financial situation and the need to make a decision
Then comes the qualification period where you ask. .

"Do I qualify for a short sale?

This is when you should seek the services of a real estate short sales specialists agent.. .because even if your lender has already suggested to take the short sale route. .you still have to qualify and get a written approval

Watch the video below and learn more about the process of a Short Sale? 

Now, 

Watch the video below where I discus how our team works to get our short sales approved

Check the rest of our video series here. .

                                   

Check Our Complete Video Series About Montgomery County Short Sales

• What is a Short Sale? 
• How To Qualify For a Short Sale? 
• How To Short Sale Your Home
• How Can a Short Sale Specialist Help Me? 
• What is the Process of a Short Sale?
• How Does a Short Sale Affect My Credit?

"The strength of our experience and knowledge is invaluable to anyone seeking for a solution"

Facing foreclosure can be overwhelming and scary, but by taking the right steps you may be able to save your credit and wake up from the nightmare you are experiencing today. .

If your are behind on your mortgage payments?. .give us a call!

Call on us for a free consultation now!
301-246-0001

More information about short sales and making Home Affordable Program 
http://www.makinghomeaffordable.gov/programs/exit-gracefully/Pages/hafa.aspx

Short Sales Agent in Montgomery County Maryland