With pending home sales rising by 5% in March (as reported by the National Association of Realtors) you might be asking why your property isn’t getting as many showings as you would like. Here are some tips to help you boost your showing rate.
- First and foremost take a good hard look at the price. Most properties that lack showings are priced to high when compared to their competition – lower the price.
- Second, consider offering a time sensitive commission increase to the buyer’s agent to increase the traffic to the property.
- Third, offer to pay closing costs.
- Fourth, if the property is need of some cosmetic work, offer and allowance to enhance it’s appeal.
The entire Louise Hampton Team would like to wish the best in 2011. Happy New Year!!!!
Are you selling your home right now? It is difficult to know what to do about decorating your home for the holidays while it is on the market. Here is a great guide to help you with your decisions about how to balance your traditions with what works when you are selling. Click on the link below to read more…
Tips for Holiday Decorating
According to Melissa Dittmann Tracey in an article she wrote for REALTOR Magazine, time is ticking to complete home renovation projects if you want to cash in on a tax deduction which expires at the end of the year. Tax credits are available for home owners who do upgrades that help them save energy and reduce their utility bills such as installing more energy-efficient windows and doors, insulation, and heating and cooling equipment.
You can qualify for up to $1,500 in tax credits when filing 2010 income tax returns. Home owners have until Dec. 31 to qualify for the tax credit.
Home owners can take advantage of the tax credit (Internal Revenue Code Section 25C) for efficiency upgrades made to existing homes, such as for certain types of insulation, windows, roofs, water heaters, heat pumps, furnaces and air conditioners. Tax credits are available for 30 percent of the cost up to $1,500 for 2009 and 2010.
Tax credits — also up to 30 percent of the cost of the qualifying products — are available for equipment using renewable energy, such as solar, geothermal, wind or fuel cells (under tax code section 25D). However, you have until the end of 2016 to take advantage of that tax credit program.
- 1. You can get a good deal.
- 2. Mortgages are cheap.
- 3. You’ll save on taxes.
- 4. It’ll be yours.
- 5. You’ll get a better home.
- 6. It offers some inflation protection.
- 7. It’s risk capital.
- 8. It’s forced savings.
- 9. There is a lot to choose from.
- 10. Sooner or later, the market will clear.
Source: The Wall Street Journal