Monday, February 23, 2009

Making Minor Changes to Increase Your Home's Value

About the Author:
Shannon Kietzman is a well known author and trusted resource. Shannon regularly writes for www.ByOwnerMLS.com, a For Sale By Owner MLS service, the leading real estate search engine of homes for sale by owner (FSBO). For more information, please visit www.byownermls.com.

About the Author:

Greg Sullivan is the President of www.ByOwnerMLS.com, a For Sale By Owner MLS service, the leading real estate search engine of homes for sale by owner (FSBO). For more information, please visit www.byownermls.com.

Monday, February 9, 2009

4 Ways to Save Money When Hiring a Contractor

Do you need to make some changes to your home before you put it on the market? If so, you most likely plan to hire a professional to do the work for you. This way, you can be certain you will get good results. Unfortunately, hiring a contractor to do the work for you can really cut into your profit margin. Therefore, if you are looking for a way to save some money on your home improvement projects while still getting the job done by a professional, you might want to consider using one of these options.

Money Saving Option #1: Hiring a New Company

Contracting companies that have just recently been formed tend to offer low prices for their services. After all, they have to find a way to stand out from the competition and to build a reputation, so offering low prices and getting some professional references under their tool belts is the best way to accomplish this. Just make certain the company is properly licensed and insured. In addition, follow up with the few references the company does have in order to make certain their previous clients were happy with their work.

Money Saving Option #2: Time Your Improvements Wisely

If you have the flexibility in your schedule, you might also want to consider hiring a contractor during "off" season times. Most contractors are in a bit of a slump in December and January, which means you might be able to get a good deal on the cost. March, April and May, on the other hand, tend to be the busiest and most expensive months.

Money Saving Option #3: Offer to Serve as a Reference

Every contractor needs to have a number of people that can be used as references. So, you might want to consider offering to serve as a contractor as part of the negotiation process. Not only can this help you save some money, it will also increase the chances of your contractor doing a great job on your project. After all, if there is a possibility of future clients taking a closer look at the work, the contractor will want to be certain to make a good impression.

Money Saving Option #4: Consider Serving as a Fill-In

You might also be able to save some money on your project if you are willing to serve as a fill-in project. A fill-in project is one that the contractor works on while he is waiting for items needed for another project. For example, if he is waiting on the cabinets for the kitchen remodeling project that is his main project, he can get to work on your project during that down time. While this will certainly make it take longer to get your project done, it can save you a significant amount of money. Of course, you need to consider the type of project you are having completed in order to determine if a fill-in project is right for your personal situation.


About the Author:
Shannon Kietzman is a well known author and trusted resource. Shannon regularly writes for www.ByOwnerMLS.com, a For Sale By Owner MLS service, the leading real estate search engine of homes for sale by owner (FSBO). For more information, please visit www.byownermls.com.

Tuesday, February 3, 2009

Selling Your Home With an Open House

Are you considering holding an open house in order to sell your home? While putting together an open house does involve a great deal of preparation, hosting one of these events can also go a long way toward helping you get your property sold. Therefore, if you are looking for one more marketing tool to help you with the selling process, an open house is definitely one place you should look.

Determining if You are a Good Candidate for an Open House

There are several things that need to be taken into consideration. First, you should take a closer look at the condition of your home. If your home is a "handyman special," it may not be a very good candidate for an open house. Similarly, if you are located in a relatively desolate area, you probably won't get enough visitors to your open house to make it worthwhile. If you have a home that is in good shape and is generally easy to get to, however, your home may be the perfect candidate for an open house.

Deciding When to Hold Your Open House

As with anything in the business world, finding the right timing is essential when it comes to hosting an open house. Although it can vary in some communities, Sunday afternoon is usually the best time to host an open house. You should also check your community schedule in order to make certain you are not scheduling your open house when a major event is taking place. Similarly, you should avoid holding an open house around the time of major holidays or events such as the Super Bowl, as most people won't be out shopping for homes at this time.

Once you have decided on the day when you will hold your open house, you should plan on making the event at least two hours long. You may want to consider holding the open house for up to four hours, however, as this will make it easier for potential buyers to fit the event into their schedules.

Preparing for Your Open House

Before you actually open your home up to potential buyers to view, there are several steps you should take in preparation for your open house. Namely, you want to make your home as attractive and appealing to the buyer as possible. In order to accomplish this, you should remove some of the furniture from your home. This way, the rooms will appear more spacious and less cluttered. You should also remove semi-permanent items that are not included in the sell of the home, such as dishwashers and lighting features, as potential buyers may insist on having that item included in the sell. You can avoid these problems by removing the items prior to your open house.

Of course, you will also need to clean every room in the house and to tend to your lawn and garden to make certain they are looking their best. Adding fresh flowers in vases throughout the home will also help make it look and smell great while your guests are looking through your home.

Although holding an open house is certainly a time-consuming process, you will be glad you invested the time when your open house results in a sell!

About the Author:
Shannon Kietzman is a well known author and trusted resource. Shannon regularly writes for http://www.byownermls.com/, a For Sale By Owner MLS service, the leading real estate search engine of homes for sale by owner (FSBO). For more information, please visit http://www.byownermls.com/.

Monday, February 2, 2009

For Sale By Owner Real Estate Trends for January 2009

Most Popular*
Top Cities
1.Brooklyn, NY
2.Lexington, KY
3.Louisville, KY
4.San Antonio, TX
5.Philadelphia, PA
6.Houston, TX
7.Knoxville, TN
8.Huntsville, AL
9.Naples, FL
10.Staten Island, NY
 
Top States
1.Florida
2.Texas
3.New York 
4.North Carolina 
5.Tennessee
6.Kentucky
7.Georgia
8.Pennsylvania
9.Missouri
10.Alabama
  
Most Viewed Properties
1.Log Cabin - $195,800 - Cuba, NY
2.Duplex/Triplex- $329,900 Philadelphia, PA
3.Condo/Townhome - $369,000 - Wildwood, NJ
4.Duplex/Triplex - $128,000 - Denton, TX
5.Single/Family - $62,000 - Honey Grove, TX
6.Single Family - $28,000 - Pompano Beach, FL
7.Log Cabin/Home - $79,000 - Dawson Springs, KY
8.Single Family - $460,000 - Naples, FL
9.Duplex/Triplex - $131,500 - Plano, TX
10.Login Cabin/Home - $215,000 - Wallingford, KY
 
*Based on property views on ByOwnerMLS.com in January 2009.

About the Author:
Shannon Kietzman is a well known author and trusted resource. Shannon regularly writes for www.ByOwnerMLS.com, a For Sale By Owner MLS service, the leading real estate search engine of homes for sale by owner (FSBO). For more information, please visit www.byownermls.com.

About the Author:

Greg Sullivan is the President of www.ByOwnerMLS.com, a For Sale By Owner MLS service, the leading real estate search engine of homes for sale by owner (FSBO). For more information, please visit www.byownermls.com.