In most cases, you would think that the holiday time is a bad time to sell a home.Â “Sixty percent of real estate professionals advise their sellers to list a home during the holidays because itâ€™s a good time to sell, according to a new survey conducted by Realtor.com.”Â – Daily Real Estate News, December 5, 2011.
According to Daily Real Estate News, Almost 80 percent of agents who were survey said that buyer who are out during the holidays are more serious.Â Over 60 percent of agents said that because there are less homes on the market that there is not as much competition for the seller since less homes are generally for sale during that time.Â Â Interestingly enough, almost 20 percent of agents said that the homes felt more cozy due to the cold weather.
During the winter season photographs the the property are even more important for the sale of the home according to the interview by Realtor.com.Â Sellers don’t tend to offer open houses as much during the holidays, therefore relying more on the photos and videos.Â This also helps the buyer bypass listings that do don’t interest them.
Helpful Tip:Â Find an agent that takes good photographs.Â I am a photographer on the side and I have had many people remark on the photos and how the photos got them to look at the property.
The real estate market is still very competitive for sellers.Â Sellers are in stiff competition more than ever with their home on the inside and out. A few home improvement projects will impact buyers. Sellers going to have to spend a little time (and cash) but it will be well worth it.
Painting â€“ take the opportunity to brighten up rooms and get rid of those scratches and finger prints and smudges. Use neutral tones. Your buyer is most likely not going to like that red wall (or even the wall paper) . Wall paper is an instant repair list item and instant work. I recently removed a wall paper border in a small bathroom and it was a thorn in my side. Freshen up paint on the outside and especially the front door. It is the first thing the buyers see. I have had buyers that pull up to a house and refuse to go in because the front is not appealing.
Landscaping â€“ trim the grass, get rid of any weeds, keep the shrubs under control. Low maintenance will be easier on you and the buyers eyes.
Minor repairs â€“ Buyers see the details and they can tell when you have a very clean house and all details are taken care of that the other working parts are most like taken care of the same way. Fix the handle on the drawer or that missing little piece of molding, or that stain spot.
Staging â€“ talk to your agent about staging. A job well done in this area can set you apart from all the other homes in your neighborhood.
“Pennsylvania has just become the 28th state to ban private transfer fees. Gov. Tom Corbett today signed HB 442 into law, becoming Act 8 of 2011.
Private transfer fees are part of a covenant attached to a property deed that forces the seller to pay 1 percent of the purchase price to a private third-party entity every time the property sells over the next 99 years. These fees cost unsuspecting homeowners thousands of dollars in additional closing costs.”
Consumers who are building a new single family home in Pennsylvania are now not required to install a sprinkler system.Â This just came in from the PA Association of Realtors:
“Sprinklers no longer a mandate in Pennsylvania!
Governor Tom Corbett today signed his first bill, House Bill 377 which removes the sprinkler mandate on all newly constructed one- and two-family homes. The new law is Act 1 of 2011.
Now that sprinklers are a consumer choice, builders must offer a buyer the option of installing sprinklers. Builders must also provide the buyer with information made available by the State Fire Commissioner on the possible benefits of installing a sprinkler system.
Among other things House Bill 377 will also change the codes adoption process in Pennsylvania and require increased standards for fire protection of flooring.
As of January 1, 2010, sprinklers are mandated in newly constructed townhomes. Act 1 will not change this requirement.”