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Tuesday, June 27, 2017

3 Things to Consider Before Listing in Silicon Valley


When preparing to sell your Silicon Valley home, consider these three things carefully first.


If you're getting ready to list your home on the market, there are three things you must consider first.

  1. Where to start with renovations: Research from the National Association of Realtors shows that renovating bathrooms returns 58% of the value you invest in them, and a new roof can return 105% of the value invested.
  2. Paint: Zillow states that painting your kitchen yellow returns $1,400 more than a white kitchen and that lavender dining rooms return $1,122 more than a white dining room. It's an easy way to put a little more money in your pocket when you sell your home.
  3. Technology: Because of the area we live in, smart home technology is very attractive to buyers. Some of the best ideas are cheap fixes that add a ton of value, like a Nest thermostat, Amazon Echo for the sound system, and a door lock for all the doors.

If you have any other questions about preparing your home for the market or the Silicon Valley market in general, don't hesitate to give me a call or send me an email. I'm always happy to help!

Thursday, June 1, 2017

Why Selling FSBO Doesn’t Make Sense


Selling your home on your own isn’t the best idea. You might save the 6% in commission, but you’ll give up a whole lot more money elsewhere.


Why should you hire a real estate agent as opposed to trying to sell your home on your own? There are three specific reasons that we would like to share. You may think it’s a good idea to sell your home FSBO (For Sale By Owner), but here are three reasons why it’s not:

1. FSBO homes fail 75% to 95% of the time. Those that end up selling are sold for a fraction of their true value. The NAR stated last year that homeowners have lost an average of 17% on their sale prices because they are trying to save 6% on commission.

2. Owners aren’t agents. In terms of preparing and marketing the property for sale, showing it, and negotiating the best deal possible, it’s a full-time job. Most homeowners don't have that kind of time to dedicate to a sale.

Hiring an agent saves you time and money.

3. It saves you time and money.

If you have any questions for me about selling your home or anything else related to the real estate market, I would love to hear from you. Give me a call or send me an email today. I look forward to hearing from you.