An estimated 90% of home buyer's start their search on the internet. Objective Real Estate dominates the World Wide Web, Our marketing team leads the cutting edge of advanced technology. Our statistics prove that we generate a vast amount of traffic attracting buyers who are specifically looking for homes where your property is located. This will maximize the exposure to all potential buyers.
A “fix and flip” is where an investor purchases a home at a considerable discount and resells it at or near market value for a profit. This discount may be due to the homes condition or owners desire to sell a house quickly because a change in circumstance such as a relocation, divorce, pending foreclosure or job loss. In a lot of cases investors are purchasing homes directly from auctions on the door steps of the court house or at public auction houses. Bulk foreclosure purchases is another avenue investors are buying directly from the banks. If you have any questions please call us.
Working with an Objective Real Estate agent, we provide an up to date market analysis and property comparable's to help you determine if the property you are about to purchase is a good investment.
We can refer you to a team of professionals such as contractors, appraisers, inspectors, handymen, to assist in the renovation of the property. In addition our dedicated marketing team can assist with marketing, listing and selling.
In today’s market, rental properties are on the rise. Renting out property can be beneficial over time because the tenant is paying the mortgage, the principal balance is decreasing, and historically housing prices rise. If done properly, your investment cash flows increasing your return on investment at a percentage much higher than a bank will yield. We have the expertise to help ensure that your investment pencils out in your benefit.
Foreclosed real estate is called Real Estate Owned or Bank Foreclosure Real Estate and this property is owned by a bank after an unproductive auction. This market is very attractive to investors as the property may often be in a state of neglect but the price compensates for this loss as the bank is desperate to get rid of this depreciating asset and recover funds.
Today's market is creating a lot of competition especially if you are in the price range of up to $250k. Have your agent pull comparable sales and see what homes are selling for. Also be sure to understand that sellers are looking at the net offer, not the gross. This means if you are asking for closing cost, repairs, home warranty, etc... it is the offer price minus those expenses to the seller.
When it comes to selling your property, we are the leaders. Putting a sign in front of the yard, throwing your house on the MLS just does work anymore in todays market. Real Estate analysis have proven that in order to get your home sold faster and at the highest price now, you have to have an aggressive strategy that puts you in the front line. We go above and beyond.
Real Estate Sales Advice
Real estate agents who are new or have not performed much business lack the ins and outs of the sales process. Putting a house up for sale is not as simple as just putting a sign in the yard. An Experienced agent will be most effective in negotiating favorable terms and conditions, communicate and provide exceptional marketing.
You may have purchased your home at the peak of the market or even at the bottom. Most sellers are emotionally attached. Take into consideration that todays market value may not be what you are expecting. Focus on your local area, see what homes are selling for and set your price accordingly.
How much of a deposit is the buyer putting down? Are they asking for credit to help them with closing cost? How is the buyers credit? Are they pre-qualified or pre-approved? What type of financing are they doing? How serious are they? Have they seen the house?
Most buyers do not see through clutter or repairs. If you see that you have a few cracked tiles on the floor and think you can just give the buyer a credit to repair them may cost you much more then just the repair cost itself. Potential buyers see everything. Don't over do it either. Experienced agents can help guide you and give you the best advice.
Please keep in mind, if your home is not able to be shown easily, it will more than likely get passed up. Too often buyers agents attempt to contact the sellers to schedule an appointment to show their home and do not get a response soon enough as their buyers are already done and made a decision on a house and guess what, it wasn't yours. Put an electronic lock box on the property, only members of the MLS get an electronic key to open it and it tracks who has been in your home. Make your home easily shown by buyers that want to view it.
See what homes are up for sale and sold near your home.
A CMA is a report that shows you homes that have sold, are for sale and currently in escrow. This is a free report and a great way to judge the value of your home.