Listing Services
Floor Plans
In my opinion all listings should provide the home's floor plan. Every room is measured and labeled. Approximate dimensions are shown to assist the future owner. It is important that buyers searching the internet are able to understand the flow of the home and the location of the various rooms.
The floor plan also helps a buyer remember a home after they have had a long day of touring homes with their realtor. Have you ever looked at a large number of homes only to find it difficult to remember details about many of the homes you have seen? A floor plan along with pictures would certainly become helpful. I draw the floor plans using my home design software.
The floor plan also helps a buyer remember a home after they have had a long day of touring homes with their realtor. Have you ever looked at a large number of homes only to find it difficult to remember details about many of the homes you have seen? A floor plan along with pictures would certainly become helpful. I draw the floor plans using my home design software.
Photos and a Virtual Tour
When you list with me you should expect professional quality pictures. All of my photos are edited for clarity and possible resizing to fit my preferred landscape size. For many of my larger more expensive homes may need the touches of a professional photographer, a Matterport 3D home video tour, floor plan and drone aerial shots. Matterport 3D tours bridges the gap between the physical and digital world, Matterport offers a fully interactive experience, allowing users to explore spaces as if they were physically present. I've had several out-of-state buyers make offers on homes based on the Matterport viewing experience. The Due Diligence period provides time for the buyer's final contractual approval.
All Listings are immediately submitted to the Cape Fear Realtor's Association MLS. These listing are quickly picked up by Zillow, Realtor.com, Trulia as well as my www.VAR-Wilmington.com
All Listings are immediately submitted to the Cape Fear Realtor's Association MLS. These listing are quickly picked up by Zillow, Realtor.com, Trulia as well as my www.VAR-Wilmington.com
Measurements
I personally measure all of my listings and compare my findings to the county records. In the past I have found a significant difference between my numbers and the county's. The NC Real Estate Licensing Board requires Realtors to do their own measurements and not rely on county records.
Reviewing the Offer To Purchase
The owners and I will review the Offer-To-Purchase Agreement. It is critical that all parties understand the terms and conditions that are in the OTP contract. Many of the Realtors and Buyers fail to completely read and understand this contractual agreement. The NC Real Estate Commission OTP clearly states to all parties the home is being sold "in its current condition". After the contract is signed the Buyer often orders a NC Licensed Home Inspection. The inspection my create a "honey-do list" that is then presented to the Seller. The Seller is not obligated to address any of the issues. They Buyer may elect to backout of the agreement.
The Exclusive Right to Sell Listing Agreement that is signed by the Seller and the Seller's chosen Listing Real Estate Firm has a very
strong recommendation that Seller order a Home Inspection Report. This is made available to the Buyer. If there are issues that need to be discussed this can be done before the offer is made. The Buyer may ask for some additional inspections that may pertain to the roof, A/C Units, fireplace, septic system and more. With this problem out of the way the length of the Due Diligence period could be shortened. The Buyer should make sure the lender has enough time to get final approval from underwriting on the loan application. An increase in interest rate, insurance costs or HOA dues could create a problem for the lender's final clear-to-close.
Most of the Buyers and Sellers are not familiar with the NC Due Diligence Period process. Take a look at my video on the subject
Video - Due Diligence Period
experiences has actually helped me bring deals together that the Lender's Loan Officers were struggling with.
The Exclusive Right to Sell Listing Agreement that is signed by the Seller and the Seller's chosen Listing Real Estate Firm has a very
strong recommendation that Seller order a Home Inspection Report. This is made available to the Buyer. If there are issues that need to be discussed this can be done before the offer is made. The Buyer may ask for some additional inspections that may pertain to the roof, A/C Units, fireplace, septic system and more. With this problem out of the way the length of the Due Diligence period could be shortened. The Buyer should make sure the lender has enough time to get final approval from underwriting on the loan application. An increase in interest rate, insurance costs or HOA dues could create a problem for the lender's final clear-to-close.
Most of the Buyers and Sellers are not familiar with the NC Due Diligence Period process. Take a look at my video on the subject
Video - Due Diligence Period
experiences has actually helped me bring deals together that the Lender's Loan Officers were struggling with.
Postcard Mailings
Over the years I have tried many different methods of advertising a new listing. Postcard mailings are just another method of getting the word out to the neighbors. I'm hoping they know someone who would like to move into their neighborhood. Quite often someone in that neighborhood is looking for a home with either more or less space.
Your Home's Asking Price
Sellers should expect a very detailed market analysis that is heavy into the numbers and trends. I like to go back to before the market crash of 2007 to get a greater understanding of market trends. I break the market down into entry level homes, 3-5 bedroom homes with upgraded features and then the luxury homes. I'm looking at total sales, median price, price per square foot, inventory volume of active listings and days on the market.
Take a look at my video that discusses the true reason for the 2008 market crash Housing Crisis of 2008
Then I look at the current competition in our chosen price range. Given the current absorption rate, how should we price our home?
What advantages do we have and what problems will we need to overcome?
Real Estate started out as a fun thing to do and was kind of a hobby. I made my first sale in 1974, that was 50 years ago. Ouch! My experiences as an accountant and analyst, Realtor and Mortgage Industry V-P helps me to understand the statistics.
I saw the 2008 housing crash coming in early 2006, long before anyone was talking about it, see my video. I see a housing crash coming nationally. For the first time I am seeing a great number of California buyers as well as the usual northeast buyer. I was one of those. I lived in Asheville for 5 years, Raleigh for 10 and now Wilmington for 19 years. I see a price bubble in certain market sectors. High end homes and beach properties should see more stability. I see a big price drop coming for homes under 2,200 square feet.
Take a look at my video that discusses the true reason for the 2008 market crash Housing Crisis of 2008
Then I look at the current competition in our chosen price range. Given the current absorption rate, how should we price our home?
What advantages do we have and what problems will we need to overcome?
Real Estate started out as a fun thing to do and was kind of a hobby. I made my first sale in 1974, that was 50 years ago. Ouch! My experiences as an accountant and analyst, Realtor and Mortgage Industry V-P helps me to understand the statistics.
I saw the 2008 housing crash coming in early 2006, long before anyone was talking about it, see my video. I see a housing crash coming nationally. For the first time I am seeing a great number of California buyers as well as the usual northeast buyer. I was one of those. I lived in Asheville for 5 years, Raleigh for 10 and now Wilmington for 19 years. I see a price bubble in certain market sectors. High end homes and beach properties should see more stability. I see a big price drop coming for homes under 2,200 square feet.