Archive for the ‘tips’ Category

10 Tips for Open House Weekend!

Thursday, April 8, 2010 posted by tommi

Open House Strategies for Success 

  1. Set the Stage.  Mow, clean, store and pack.  Open the windows and pull back the drapes.  Turn on the lights and light a few candles. 
  2. Consider taking your pet to a neighbor or pet sitter during your Open House.
  3. Use a sign-in notebook to record contact information and invite comments and feedback.
  4. Ask a mortgage company to assist you in holding an open house.  Many local companies provide an on-site lending officer to assist buyers in calculating payments and exploring financing options.
  5. Consider calling your local title company to see if they offer assistance to sellers holding open houses.  Most of these companies offer a variety of free, helpful assistance, often including food, signage, advertising, etc…
  6. It is best to keep your Open House an adult only event.  Consider arranging for your children to be away during your Open House.
  7. Don’t crowd the attendee’s or become their tour guide.  Greet each visitor at the door and be available to answer any questions they might have, but stay in the background.  Encourage the buyers to tour on their own and at their own pace.  Make every effort to insure that each person is at ease.  Allow them the privacy and time they need to discover all features of your home that interest them.  
  8. Place small items, such as jewelry and medications, in a safe place during your Open House.  Theft and stealing are very rare, but do occur occasionally in some areas.  Safekeeping a few items will give you peace of mind and will assist you in your effort to Stage and Show your home.
  9. Be prepared for comments that you may not appreciate and try to not go on the defensive.  You are selling, but remember buyers are buying.  Remain composed when hurtful comments are made about your décor, price, neighbors, floorplan or location.  Bite your tongue, smile, remain professional and courteous.  Showing your own home is a most difficult task.  To do it successfully, it is necessary to remain objective and most of us are not, especially about our home.  Be polite and helpful to the buyer at all costs, no matter how hard.
  10. Smile, relax and enjoy meeting new people.  Your Open House is your time to stand in the spot light, so greet your visitors as you would like to be greeted. 

In conclusion, remember that holding an Open House is not mandatory for selling a home.  It is a valuable marketing tool because it allows home shoppers easy access to your home.    They are also very cost effective in terms of exposure, if you get the buyers to attend.   On the other hand, you may not want the public touring your home or open houses may not be popular in your area.  The decision to host or not is up to you… 

Thank you for visiting Why6Percent.com.  National Open House Weekend is this Saturday and Sunday.  Buyers will be looking for Royal Blue balloons flying at Open Houses held by Realtors.  Make the most of this opportunity and make sure blue balloons are flying at your house, too.   Best of luck and let us know how you did! 

Tips for a Successful Open House

Tuesday, April 6, 2010 posted by tommi

For Sale Signs are popping up like tulips and National Open House Weekend is this Saturday and Sunday.  

InfoTube.net is posting a series of short articles about Holding a Successful Open House prior to the event.    To read todays post…CLICK HERE…

Todays Topics Include:

  • Chosing the Perfect Time
  • How to Draw a Big Crowd
  • Where to Post Your Advertisement for Free
  • Much More

Tomorrow, InfoTube will give you the inside scoop on preparing for the big event this weekend…so check in with us daily and start sprucing up your home now!

Thank you for stopping by Why6Percent.com blog.  Our job is to keep you informed about events and topics of interest to home sellers.   Click links to Follow our Blog or become our Facebook Fan for instant info and updates.

NEWS ALERT…   Realtors across the U.S. are organizing a National Open House Weekend on
April 10-11 and they will be advertising it heavily.
 
Home sellers should definitely take advantage of the national advertising, buyer traffic and momentum that will accompany this nationwide event.
Why6Percent.com will be posting Tips for Hosting a Successful Open House all Week.   Don’t miss this opportunity!!!

Flat Fee MLS or Not? Separating Hype from Fact

Tuesday, March 23, 2010 posted by tommi

What is the MLS?

The Multiple Listing Service is a database of homes for sale. Run by the local Board of Realtors®, the MLS is the traditional method agents use to find homes for their buyers or advertise their listings to other agents. MLS listings include detailed information about the property. Besides address and selling price, a listing generally includes the number and size of rooms, annual property taxes, local schools, selling agent and more. Most include  photo’s of the home.

Facts about the MLS:

The Multiple Listing Service (MLS) is the fantastic way real estate brokers provide information to one another.  MLS allows each agent to see all properties for sale in a given market, greatly expanding the sales force of all properties.

The Internet now provides MLS property information, in real-time, to brokers, agents, home sellers and homebuyers.  The MLS is looked at by potentially thousands of real estate agents in your market that might have a prospective buyer for your home.  And, it reaches 90 Percent of the Home Buyers who search on the Internet.

  • Benefits of MLS Advertisement: There is one very significant benefit to having your home listed in the MLS listing…EXPOSURE! The fact that your home is for sale will now be known to the hundreds, if not thousands of real estate brokers and agents in your market. To maximize your benefit from this exposure, you will need to be willing to “co-op” a real estate agent, if they bring a buyer to purchase your home. Co-op means that you will cooperate in a commission incentive to the real estate agent.  Typically buyer’s agents earn between 2 and 3 percent of the sale price of the home.  
  • Reach Buyers Searching on the Internet:  Another key benefit to listing your home on the MLS is in most areas of the United States, the property appears on websites like MSN HomeAdvisor, Yahoo! Real Estate, Realtor.com, Google.com, Zillow.com, etc. and local state websites. Many of the multiple listing services send their inventory directly to these sites to enable even more exposure for homeowners.  Millions of people from all over the U.S. use these various websites to search for homes daily.  Recent data shows that the first thing homebuyers do is search the internet, often far in advance of their actual move.     
  • Global Reach:  MLS also reaches the transferee’s moving to your town.  In today’s transient society, people relocating from all over the U.S. first find the homes they would like to see on the internet.  They supply their “must see” list to the buyer’s agent located in the area they are moving to.  When relocating buyers are in town searching for a home, time is limited and every minute counts. Buyer’s agents quickly become critical to the transferee’s home search and relocating homebuyers rely heavily on assistance from a buyer’s agent. Therefore, the MLS can be key to exposing your home to relocating buyers.

Considerations: The MLS is a wonderful way to expand your advertising reach and certainly has value.  If your goal is maximum exposure, then MLS is an answer.   Contact Why6Percent.com and get started Today!

Thank you for visiting Why6Percent.com.  Remember, you can sell your home!  You have the ability and there is a buyer for your home.  Stay optimistic and remember, the money you save will justify the time, energy and emotion that you will expend!

Pay Less for PMI (Private Mortgage Insurance)

Tuesday, March 16, 2010 posted by tommi

                                                   Unless you have a 20 percent equity position in your home, you will have to pony up for private mortgage insurance (PMI).  This insurance premium typicallycosts between .5 – 1.5 percent of your loan amount, per year.  ($500-$1500/year on a $100,000 loan)  The actual costs depend upon how much equity you have, your credit score and whether you opt for a fixed rate loan or for one that adjusts.

2 Ways to Pay for PMI. 

Buyers can negotiate with the seller to pay a single premium upfront or buyers can roll the premium into their loan.  The downside of rolling it into the loan is that interest will be charged on loan for the premium.   The upside is the interest paid is deductible and the buyer will pay less money out of pocket at closing.

The only way to eliminate PMI is to put 20 percent down and apply for 80 percent financing.   Waiting is the only other way to get rid of the expense.  PMI cancels as you pay down your loan and equity reaches 22 percent of the homes value.

Thank you for visiting Why 6 Percent.  Interest Rates remain unchanged today.  Good news for home sellers and buyers, alike.   Learn more about our flat fee MLS and Realtor.com program for homeowners.  Market your home like the pro’s and save thousands in commissions!

InfoBox for Real Estate. Mystery Solved.

Friday, March 12, 2010 posted by tommi

InfoBox delivers  information that homebuyers want in one sexy, smart, easy to use product.

Buy an InfoBox or InfoTube and remove the mystery about what is behind your front door.

Instant, wireless seller to buyer communication.  No software, squinting at tiny screens,  internet modems or waiting forever for downloads is required… 

Why6Percent.com  is changing real estate.    Reach millions of homebuyers and buyer agents for a few bucks and save thousands in fee’s and commissions.   Why Pay 6 Percent??

PS Check out InfoTube.net for Real Estate Facebook Page.  It’s fun, it’s cutting edge and it’s interactive.  If you like real estate, you’re going to love this!

Uncle Sam Pays the Tab for New Windows

Wednesday, March 3, 2010 posted by tommi

Does a cold draft blow around your head while you relax in your easy chair?   Does the sound of actual street noise drown out the sound of the NASCAR race on TV?   If you answered “Yes” to either question…it might be time to replace those old, drafty, ugly, noisy, single paned, aluminum frame windows with some good looking, energy efficient ones.

Why Replacing Your Windows Pays Off…

  1. New windows improve the curb appeal and increase the value of any home.  
  2. Buyers pay up for new windows.  Numerous studies show that home sellers recoop 90+ percent of the costs for window replacement at the time of sale.
  3. Homeowners realize the energy savings immediately, while increasing comfort.
  4. Energy efficient windows are a Green home selling feature. 
  5. New models of windows are easy to clean and maintain. 
  6. Improve your view.  New glass is so clear it’s just like looking through… nothing at all. 
  7. Maybe Best of All…Uncle Sam Pays for It.   The government will pay 30 percent of the cost (up to $1500) to replace the windows in your home through December 31, 2010.  And, don’t forget to check out the additional rebates and savings on windows that are being offered in most states, cities and townships.

Tip for a Tight Budget

  1. Just replace some of the windows.  Choose the ones on the front of the home, because they improve the curb appeal.  Or, replace the windows that get hammered by the most weather, be it sun, rain, snow or wind. 
  2. Or, Roll the Dice…and, maximize the tax credit by replacing half of the windows in 2010.  Then, gamble on an extension of the credit into 2011 and replace the other half.
  3. Uncle Sam picks up a Third of your bill and smile (:

Practical Advice About Window Replacement

  1. Use a company that carries a wide range of window brands.  Make sure they use their own employee’s (not subcontractors) to do the installation.
  2. Profit from the Housing Crash.  Be a hard negotiator and get at least 3 quotes.  You can save Big on labor and materials because the housing market is slow.
  3. Replacing windows is a big, messy job.  Cover up anything important such as electronics and furniture.  Sawing and Ripping out windows is dirty business, no matter how good the installer.

Thank you for visiting Why6Percent.com.   We have a program for home sellers that offers the MLS, Realtor.com and advertisement on dozens of real estate listing posts for one cheap price…and the seller keeps the commission.  Call 1-800-381-9496 or visit http://www.why6percent.com today for the details.  You will be happy that you did!!!

Find Out a Home’s History of Property Damage

Thursday, February 25, 2010 posted by tommi

If you want to learn about a homes of property damage, ask the Seller to provide a copy of their C.L.U.E. (Comprehensive Loss Underwriting Exchange) report.  The report lists claims for property loss and damage over the last 5 years, including any claims for theft, fire, flood, hail damage, etc. for any given property address.  The report  does not include personal information like the owners name, social security number, etc. 

Why would you want one?  The report could disclose property condition information or problems that may not have been disclosed.   And, the report can tell you about problems that might affect the availablility or cost of insuring the property.

Home buyers can purchase a report about for the last 5 years of insurance claim against any address in the nation by at Choice Trust, a division of Lexus Nexis.  Homeowners, you can obtain a FREE annual property loss report that covers the last 7 years.   A similar loss report called A-Plus, can be requested from the Insurance Services Office by phoning 1-800-627-3487.

Thank you for visiting Why6Percent.com.  Advertise your property on the MLS, Realtor.com and major real estate websites for one flat fee and keep the commission.

Staging Tip to Make Your Bathroom Appear Bigger

Tuesday, February 23, 2010 posted by tommi

We have a totally free, staging tip that everyone can do to make their bathroom appear more spacious and inviting. 

Open your shower curtain a little bit…  It draws the eye onward and makes the space appear larger.

Thank you for visiting Why6Percent.com   The home buying season is heating up across the country.  If you don’t have your home listed on MLS, Realtor.com and all the major real estate property websites…you are missing buyers.  It’s that simple.  Contact us to list on the MLS for $399 and you keep the commission.

10 Towns for Real Estate Steals and Deals

Friday, February 19, 2010 posted by tommi

It’s our job at Why6Percent.com to have our finger on the pulse of real estate from coast-to-coast.  Recently, we have been telling you to get ready for a big home selling season this spring.

Why?  Interest rates are rising.  Job losses have slowed to a trickle.  Factory and Industrial output is up for the first time in years.   And, we feel that the Fed is holding back information, for now, on the job creation that is happening as we speak.

So, where are the best real estate deals in the country??  We have identified 10 cities that are offering up Trump-type deals of a lifetime.   CLICK HERE to see where the action will start first.

If you haven’t placed your property listing on the MLS, Realtor.com, Zillow, Google, MSN, Military.com and all the other major real estate websites…you are missing buyers.  Go to the Why6Percent.com website and sign up NOW!!Don’t wait a minute longer.  Tax Credits, Rising Rates and Gutted Home Prices are creating a stir among buyers early this spring.  You snooze…you lose…  And, we certainly don’t want that.