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Mature-Market Home buyers look beyond stainless

Wednesday, January 27th, 2010

Home Buyer PicI don’t like to admit it, but I’m getting older. I’m well on my way to fifty, the new thirty, and my needs are changing. I’ve noticed that my similarly aged clients wants and needs are shifting as well.  when I first got into this business, 16 years ago many of us we flocking to McMansions in the ‘burbs and now those who can are seeking Ranch Style homes or homes with first floor master bedrooms.  An article just published in RIS media confirms my findings as a national trend. More here

Keep your 2010 Resolutions…

Saturday, January 2nd, 2010

New year's Resolution imagesThe Holidays have come and gone and you’ve zeroed in on a goal, a resolution. You’ve resolved  to eat healthier, save more, spend less, exercise more or whatever.  To accomplish goals and gain some momentum  make small changes.  For example, if you are going to save more, begin saving a little, consistently. Sudden changes that are too big are often unsustainable. Automate the financial ones, human beings are consistently inconsistent so automate  the financial ones, cut costs. Health related goals, unlike financial ones, require a bit more stategy, I’ve found. Begin with 5 minutes of exercise a day and add a little gradually until you are doing 30-45 minutes of cardio per day. If the last time you did a push up was more than a year ago begin slow.  An idea that’s a bit scary is finding someone to hold you accountable. An Accountability Partner is key to staying on track, I suggest you do some reaserch and find a AP… If you do these simple things, begin small, automate, and find an accountability partner you’ll increase the probability of achieving your 2010 goals.

Technorati Tags: Ann Arbor, Buyer Insights, Michigan Real Estate, To See and Do

Get Homes Sold in Any Market

Friday, December 11th, 2009

buyerstrigraph Get Homes Sold in Any MarketHave you noticed homes sitting on the market lately and wondered why they are not sold? 

Understanding ‘Pricing’ will aide in getting any home sold. (see graph to the left)

For most of us our natural bent when shopping for anything is to look for a value yet many sellers are still in the habit of pricing homes at Market Value. 

In many cases, in a decending market, pricing at Market  Value is the kiss of death.

Value-driven buyers simply overlook homes that are not true bargins.

To sell homes in this market consider ‘Pricing’  below Market Value. Doing so will draw ‘Value-driven’ buyers, reduce Time-On-The-Market and increase the probability ( due to increased competition) of selling the home at Market Value.

Do the Math: a mortage payment of 2000.00/month that doesn’t sell is a cost to the seller. So every month the home sets unsold 2000 is spent that could otherwise be invested in the next move.

In this market, pricing at Market Value isn’t smart ‘Pricing’ and it ultimately costs the seller in terms of time and money.

If you want droves of buyers to get excited about your home price it 10-12% below the average most recent sale and then market the daylights out of it prior to the first showing. 

In my experience, proper ‘Pricing’ usually creates an auction effect resulting in several offers at or above list price even in down markets.

For more information on How to Get Homes Sold in any Market, contact me at: eric@team366.com.

 

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Search the Ann Arbor MLS here!

Technorati Tags: Ann Arbor, General Real Estate, Listings, Marketing, Michigan Real Estate, Pricing, real estate, Sellers

Stupid or broker for not buying a house?

Friday, December 11th, 2009
A very good article from Business Week with a great heading! Stupid or broker for not buying a house? - A commentary on how significant and historically amazing our low interest are and the opportunity they afford any home buyer.

Technorati Tags: Ann Arbor, Ann Arbor Real Estate Agent, Buyer Insights, General Real Estate, market statistics, Team366, To See and Do

For Sale: 2190 Stonebridge, Ann Arbor, MI

Monday, May 11th, 2009

2190 Stonebridge, Ann Arbor, MI

2190 south stonebridge dr ann arbor 300x200 For Sale:  2190 Stonebridge, Ann Arbor, MI Elegantly appointed brick home on the 10th fairway of Stonebridge Golf Course. Meticulously decorated w/extensive hardwood floors, elegant colors and lighting.
2190 south stonebridge dr ann arbor foyer 300x200 For Sale:  2190 Stonebridge, Ann Arbor, MI  Master suite features over sized spa tub and clear glass shower, custom accent lighting in bedroom. Formal living room, den, family room w/fireplace, formal dining, two studies and 3 car garage!
2190 south stonebridge dr ann arbor kitchen 300x200 For Sale:  2190 Stonebridge, Ann Arbor, MI  Fabulous contemporary kitchen w/sleek double ovens, granite countertops, stainless steel cook top and vented stainless hood fan. Kitchen eating space overlooks deck and fairway.

2190 Stonebridge, Ann Arbor, MI features Team366’s proprietary Listing Syndication System.  We make use of narrated walk through videos and a syndication system that pushes your property to the “corners” of the internet.  Interested in learning more?  Give, call us at 734.476.1343 or drop us a note at info-at-team366-dot-com.


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Technorati Tags: 2190 Stonebridge, Ann Arbor, For Sale, Homes, Michigan, properties, real estate, Team366