Tips to Learn How to Understand Real Estate From An Insider Perspective View!
Who doesn’t love a good tip from an insider?
Learn how and when to buy and sell real estate as an expert today?
So before you start reading this article please take a piece of paper and a pencil to take notes because when it comes to buying or selling a house
, it turns out some of the very best ones that can translate into big money
are those maybe only someone with Brian Williams imagination
would think of. Do you want to know why
, for example, Starbucks
may be the greatest predictor
of home-value appreciation
? Read on.
March is the most profitable month. For sellers, that is. According to Spencer Rascoff, CEO of Zillow.com, who mined his site’s database of millions
of homes in co-authoring the newly released
“Zillow Talk
: The New Rules of Real Estate
,” properties listed than sold faster and fetched 2 percent higher than average.
Buyers, on the other hand, catch a break
in December
when even New York
owners are apparently so demoralized by the cold that they’re willing to part with their homes for 2.8 percent less during the second week of the month.
“You shouldn’t list your house for sale before March Madness or after the Masters
(in April),” says Rascoff. Your real estate agent’s
gender
matters. Women
, because they’re “more willing to negotiate
,” tend to close deals
faster, research suggests. But sellers
take note: If you can hold out, men stubborn devils that they are often better at getting the original
asking price.
A new roof is a sure-fire way to boost a home
‘s resale value
. Forget kitchen remodeling
. “You could spend a fortune
, and it still might not suit prospective buyers’ tastes,” explains Patsy O’Neill, a sales associate with Sotheby’s in Montclair
, New Jersey
. Replacing
an unsightly roof with a spiffy new one better for that all-important “curb appeal” — was one of the very few projects
singled out in Remodeling magazine’s new annual Cost vs. Value Report
for 2015, rising a chart-topping 5.9 percent
over even last year’s double-digit increase
.
In fact, says O’Neill — and, sellers, pay close attention to the psychology
here — if your current roof really is an eyesore, buyers will be “predisposed
” to find a zillion
other things they hate about your place. Ergo, those craving the look
of luxury
at affordable
prices should check out the Value Collection
Lifetime Designer Shingles from GAF (www.gaf.com), North America
‘s largest roofing manufacturer.
The Starbucks Effect
. Don’t laugh. When Rascoff was checking
his data, he discovered that, lo and behold, homes within a quarter mile of a Starbucks
had appreciated 31 percent more; 96 percent vs. 65 percent; over the last 17 years than others nationwide. “Is it that Starbucks
is really great at picking locations, or is that Starbucks
is sort of an omen of gentrification?” he writes. “It’s a little of each.”
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