6 minute read by Jason Gelios REALTOR®
When it comes to selling a home there are certain things to consider. These things will help maximize your selling efforts.
1. Proper pricing
Putting a home on the market at the wrong price can give you headaches and cause your home to be stagnant. Setting the right price out of the gate will get you more interest and more money.
2. Why some homes sell faster than others
Looking at other comparable homes in your area either actively for sale or sold could give you an idea of why some homes sell faster than others. For example, is there a comparable home on the market that has an additional room or bathroom? Additional garage space? These are things that a good REALTOR® can look at for you. You can also look at these things with the help of the internet.
3. Storage appeals to buyers
Probably the number one thing buyers look for in a home is storage. A home without ample storage can be a turn off to potential buyers. If your storage is limited, try finding ways to increase storage or minimize the clutter that is in your current storage space.
4. Move in ready homes sell faster and for more money
Nothing turns off potential home buyers more than a home seller that needs a ton of time to move out after close. Home sellers should due their due diligence to be ready to move fast should an offer come in sooner than expected. The general rule of occupancy is 30 days or less. Anything more than this and you are hurting your chances of getting a solid offer.
In certain price points staging can be a great benefit. While many home buyers can visualize their own items in a home, many can not. Staging professionals can provide you the expertise you need to stage your home. They usually offer options from a flat fee consultation to a full staging where they bring in items and stage the home.
Selling a home is no easy feat. But with the right knowledge you can maximize your sales efforts and get the most money for your home.
A short video about what the real estate market will look like post COVID-19.
A short video about the 3 most common myths about goal setting.
I share a little rant about a situation I had where a home owners association did something wrong.
5 min. read by Jason Gelios
There are some important things to know when it comes to your credit scores. I am going to share with you some of the key factors that make up your scores.
Credit scores range anywhere from 200 to 850. These factors are what calculates the scores:
Whether you pay your credit cards and loans on time affects your scores. Not paying things on time can negatively affect your scores.
Balances owing and where you owe them
It can be a sign that you are over extended if you have multiple balances on multiple cards or loans. However, spreading your debt out can actually help you avoid being maxed out on individual cards.
Length of your credit history
Jumping on every zero interest for 12 months offer can negatively impact your scores. Having a longer history with credit cards can positively effect your scores. Although taking advantage of a lower monthly payment offer can help you reduce or pay off your debt faster.
How much credit you have
Taking on new loans can be seen as risky at first. Even if you pay off the balance fast it can negatively affect your scores at first.
Types of credit you use
While it is preferable to have more than one type of credit such as installment loans, credit cards, mortgage etc., different types of credit affect your scores differently.
Side note: Being proactive and checking your credit scores at least one time annually can help you keep your scores in the higher range.
Jason Gelios is a Husband and Father. After that, a Top Producing REALTOR®, Author of the book Think like a REALTOR®, Creator of The AskJasonGelios Real Estate Show and an Expert Media contributor.