WHEN IS THE RIGHT TIME TO SELL AN ESCONDIDO HOME?

A person normally sells his home only once or twice in his lifetime. But this is the most important and tedious of work to deal with the selling of home. As, it is so important to list your home with best of the prices and to the best of the buyer.

First thing that come to mind of people who sell their homes is to contact their local brokers or agents to list their property. With the changing times the tradition of searching and listing homes have also changed and now 75% of the buyers use internet as the medium to search homes.

Few of the basic things that is required when you are selling home, is you have the right exposure of your home to the potential buyers and the right presentation which can develop a keen internet in the buyer´s mind.

FSBO (for sale by owners) is the perfect opportunity to get listed your home in local MLS database and in FsboListAndSell.com. The MLS is where realtors will find your listing to show their clients and FsboListAndSell.com is where consumers look for their new homes worldwide.

What is and Facts about MLS

The MLS is a central registry of properties used by REALTOR(s) to match buyers with homes on the market. MLS is described as a “cooperative marketing system” to ensure maximum exposure of properties for sale. The MLS is very effective. Last year, sales across the MLS listings totaled over $100 billion.

In addition to being distributed in printed catalogues, MLS is also a sophisticated computer database of properties indexed by price, location, and type of home, number of bedrooms, amenities and so forth. Photos of homes may also be available on-line and, over the past year, many real estate boards and associations have added their MLS listings to the Internet through FsboListAndSell.com.

Another exciting fact is that on an average realtors are responsible for 85% of all home sales and 4 out of 5 home sold are listed on MLS. Over 75% of buyers use FsboListAndSell.com while searching for a home.

Listing

When you list your home its more than a listing. You get a bunch of benefits, which can make your work selling home easier. Some of the features, which you can get, are:

You don´t have to worry about fees when you are listing with MLS. You will be charged flat fee to list your home and thus providing you maximum exposure.

As MLS has linked with many sites so you get the power of listing on many other websites as well.

The most important aspect of listing at MLS is you get a expert guidance and consultation from real estate professional which indeed can make your work lot easier.

More

FsboListAndSell.com has been ranked number 1 realtor website for sellers. Also consider that on average a seller not using the MLS on average receives 16% less or $32,000 for a $200,000 home.

Don’t miss out on listing your property on the Internet’s top homebuyer real estate sites.  Remember it´s not what you pay to sell your home but what you Net and the maximum of buyers who know your home is for sale the more likely you get a good price.

FOR MORE INFORMATION REGARDING BUYING OR SELLING ESCONDIDO REAL ESTATE GO TO www.AnthonyRealEstate.net. OVER 30 YEARS LOCAL REAL ESTATE EXPERIENCE!

HOW TO BUY LIKE A SELLER!

If you’re in the market to buy an Escondido area home, take a counter-intuitive tip and imagine the day you’ll be selling it.  That’s right – whether you’re a first time buyer, or relocating, this home probably won’t be your last, so look for features that will pay off when the day comes to move again.

North, south, east or west, the biggest amenity the next buyer will look for is central air conditioning.  In the Deep South, over 90% of buyers rank central air as critically important, and three-quarters of buyers everywhere else put it high on the list.

Another often-overlooked feature is storage.  Over half of buyers desire a two-car garage and a walk-in closet for the master bedroom.  Ample closets and storage space just can’t be stressed enough.

If at all possible, avoid costly upgrades and offer incentive down the road by purchasing an energy efficient home with newer windows, pervasive insulation, and Energy Star appliances.  If the home is already wired for cable, satellite, and high-speed Internet, so much the better.

Finally, it’s still all about location, location, location.  It’s the one thing you can’t change about the home you buy, so look for good schools (even if you don’t have children) and proximity to shopping and recreation.  Just ask your agent about the most popular features in your area and take heed!

If you have a North San Diego County CA real estate question or need, feel free to contact us for FREE information or advice.  There is absolutely no obligation or pressure.

SHORT SALE…A BETTER ALTERNATIVE

Due to recent government incentives, short sales in the Escondido California area are becoming popular in the distressed-property market. A short sale keeps owners from foreclosure, because lenders allow homeowners to sell for less than they owe.

Banks have sped up the process, hiring large numbers to serve the demand. In early 2010, one large bank had more than doubled the number of short sales it approved, sometimes as quickly as 24 days, compare to last year, when short sales took a minimum of 6 months or longer!

The biggest roadblock was often a 2nd mortgage held by a seller. Since the primary lender must be paid first, the 2nd lender could be left with nothing, and basically kill the sale. Now the Home Affordable Foreclosure Alternatives (HAFA) program provides money to primary lenders who share proceeds with the second lien holders. HAFA also provides up to $6,000 to secondary lenders if they release their claim.

Short sales keep borrowers out of foreclosure & can reduce the impact on their credit. Foreclosure can take 200 points off the score, but a short sale is about half of that. Hopefully, the short sale boom will bring us closer to end of the foreclosure crisis.

Feel free to contact Jay Anthony for your Escondido, CA area real estate questions.  There is absolutely no cost, obligation or pressure of any kind.  He has over 30 years residential real estate experience in the greater Escondido area (North San Diego County, CA), serving this area since 1978!

DON’T CHASE DECLINING HOME VALUES!

Buyer’s market or seller’s market – the simple fact is your home is worth only what a buyer will pay for it! The simple law of supply and demand usually determines the final sale price.

THE SUPPLY & DEMAND THEORY…

* If there are fewer homes for sale in your area, then buyers must compete for those listings, making it a Seller’s market.

· However, when there is a “glut” of homes for sale, buyers have more choices and more power to dictate the price, creating a Buyer’s market!

Many areas are seeing large inventories of homes for sale, due to the current economic conditions and from mortgage defaults.

So if your home is to get attention in this market, you’ve got to price it aggressively against your competition.
If you overprice your home, you may end up making less money than if you had priced it properly from the start. Why? Because sellers who overprice have to keep “chasing the market” down by reducing their price!

While setting the price is ultimately your decision and your decision alone, do some research and educate yourself first. With some properties, you may want to order an appraisal. But always consult with a local real estate professional (who knows your market area) to get a realistic figure for your home’s value. If you choose not to comply with current market value, then you won’t be a seller, you’ll just be “an owner with a For Sale sign in the yard.”

For more Escondido California area market information or to obtain a FREE Market Price Analysis of your Escondido, CA area property by a highly experienced local area broker, go to http://www.AnthonyRealEstate.net and click on “Your Homes Value”. There is no cost, obligation or pressure.