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"DON'T MAKE THESE MISTAKES WHEN PRICING YOUR HOME"

(Published on - 6/13/2018 11:28:18 PM)
The latest post from the Current Topics blog:
 Article - COURTESY OF TEXAS ASSOCATION OF REALTORS. Copyright


Don’t Make These Mistakes When Pricing Your Home

Deciding how much to ask is one of the most important decisions when selling your home. Here are some pitfalls to avoid.

Mistake 1: Overpricing your home

Setting a high asking price can backfire. Buyers are reluctant to make offers on clearly overpriced homes. And the longer a home sits on the market, the more it takes on the stigma of a property with a problem.

Mistake 2: Relying on bad data

Some home values you find online may be based on incomplete or inaccurate data. REALTORS® and real estate appraisers are your best sources for real estate data and pricing information.

Mistake 3: Comparing your home to the wrong properties

Your house may be worth more or less than a similar house in a different neighborhood. In addition to location, other factors that affect price include property condition, size, and features.

Mistake 4: Factoring in your emotions or finances

Buyers won’t pay more for the fond memories you have of your time in your home. They also won’t take into account your financial situation. All that matters is what the home is worth to them.

Your REALTOR® can help you determine a price to help you sell your home and meet your goals.

 

FOR A FREE CONSULTATION! CONTACT ONE OF OUR EXECUTIVE REALTORS AT 830-758-1034 OR VISIT OUR WEBSITE www.realtyexecutivesofeaglepass.com  find our agents, contact us for a free Market Analysis. 

Thank you,

Doris Salinas-Sanchez/Broker-Owner

SANCHEZ SALINAS & ASSOCIATES, LLC DBA

REALTY EXECUTIVES OF EAGLE PASS

REALTY EXECUTIVES DEL RIO

 


What is The Difference between a for rent and a for lease agreement?

(Published on - 3/20/2018 5:49:26 AM)

               

What's The difference?

By Doris Salinas-Sanchez, Broker/Owner

Sanchez Salinas & Associates, LLC DBA

Realty Executives of Eagle Pass

Realty Executives Del Rio 

 

Before Renting or Leasing a property is important for you to know the difference between these two agreements. Most people think that "lease" and "rent" mean the same thing, these terms are often used interchangeably, but they are not the same... Here's the difference for your information according to AllBusiness Editors...

 

lease agreement has a set term, such a year or six months term, during which the tenant agrees to rent the property during that time  (known as the duration of the lease), the tenant and the landlord must adhere to the agreement. For example, tenants agree to make monthly rent payments and follow the other obligations in the lease.

Neither party can change any terms of the agreement until the lease expires, unless both parties agree to the change with a proper written agreement. A tenant can’t vacate the property without breaking their lease, in which case they can be held liable for the rest of the rent due under the lease, or can be required to find someone else to take over the lease.

 

Rental agreements are month to month, with no long-term requirements. At the end of each 30-day period, both you and your tenant are free to change the rental agreement (subject to any rent control laws).

These changes may include raising the rent, changing the terms of the initial agreement, or asking the tenant to vacate the property. However, in most states, both landlord and tenant are required to give 30 days’ notice before any changes can be made. If your state doesn’t require notice, you can change any part of the rental agreement at your discretion.

Rental agreements are useful if you’re having a problem attracting new tenants, or if your property is in an area that caters to students or professionals who move around often. These tenants appreciate the freedom a month-to-month agreement provides, so offering a rental agreement can give you an advantage over landlords who insist on long-term leases.

A rental agreement typically renews automatically after each 30-day period has elapsed. There’s no need to give notice about this automatic renewal, as long as neither you nor your tenant has stated that the tenant will vacate the premises.

Before you rent out your property, be sure to take into account the differences between a lease and a rental agreement so you can make the best choice for your situation.

 

If you need a space for Rent or Lease or if you are a Landlord in the State of Texas and in our area please contact a licensed real estate professional such as an Executive with Realty Executives of Eagle Pass and or Realty Executives Del Rio branch for more details on how we can assist you with your real estate needs and find out about the new adopted forms regarding leases in Texas. 

 

We are here to serve you!

 

Thanks for reading.

www.realtyexecutivesofeaglepass.com

www.realtyexecutivesdelrio.com

 

 

 


Overcoming The Misconception about AVM!

(Published on - 3/13/2018 7:33:29 AM)

 

Helping our Clients Overcome the Misconception about AVM!

By Doris Salinas-Sanchez/Broker-Owner 

Sanchez Salinas & Associates, LLC DBA

Realty Executives of Eagle Pass

Realty Executives Del Rio

Well, first of all what is AVM ( Automated Valuation Model) ?

AVM is the name given to a service that can provide real estate property valuations using mathematical modeling combined with a database. Most AVMs calculate a property's value at a specific point in time by analyzing values of comparable properties. 

 

Now days many sellers search home values online to compare their homes and arrive at a sales price they feel might be fair for their property based on these websites. 

 

What sellers need to know is that an experienced local broker or agent is a much better resource for accurate market data than this third party websites that offer an estimate of value or a so called "zestimate" since these website do not take into account some many other important factors. It is not only comparing  the size of square footage and age of your home that will assist in arriving at a current market value or suggest a list price of your home. 

 

It is important that you consider the opinion and free consultation of a local agent that will provide you with a detailed CMA (Comparative Market analysis)

if you are thinking about selling your home soon, no website would know the market better than a local experienced agent. 

 

We at Realty Executives of Eagle Pass and Realty Executives Del Rio, are here to assist you and we are glad to offer you a free consultation and market analysis of your home.

 

Please feel free to contact us at any time to schedule an appointment.

Thanks for reading. Many blessings.  Doris

 

830-758-1034 Eagle Pass Office

830-215-1515 Del Rio Branch

 

 

 

 


Sell Your Home at the Right Price!

(Published on - 6/20/2017 5:26:12 AM)

front view

When it comes time to sell your home, pricing is critical and can be the difference between attracting motivated buyers quickly or repelling them at first glance.

 

Taking into account the numbers, recent sales, the current listing competitions, your timeframe and financial goals - is part of the formula. With your insider knowledge of the home and our expertise as a neighborhood and real estate market experts, together we can select a compelling price point that works for you and that will cause your home to sell.

 

Let's get your house listed at the right price! You can reach us at 830-758-1034 or by visiting us at 2557 N Veterans Blvd Suite C in Eagle Pass, TX.  An Executives will be glad to provide you with a free consultation and the results you expect!   

www.realtyexecutivesofeaglepass.com


HOME SELLERS TO DECORATE OR NOT TO DECORATE: SELLING YOUR HOME DURING THE HOLIDAYS

(Published on - 11/28/2016 4:37:45 AM)

Dear Sellers currently on the market, Christmas Holiday's Celebrations are around the corner and I know some of you are undecided whether you should decorate or not...

I am sharing with you important information and tips from different real estate experts that will assist you in that decision and help you determine Why you should decorate or Why you shouldn't decorate while your house is for sale this December. Hope you like it. Enjoy the holidays and don't forget to contact me or one of our Executives with any questions if your home is already on the market with us or if you are considering listing during or before the holidays! Contact us! Thank you ! Doris Salinas-Sanchez Broker/Owner Realty Executives of Eagle Pass  830-352-5333, doriss@realtyexecutives.com, find us on facebook  Realty Executives of Eagle Pass...

 

 

 

The housing market doesn’t come to a standstill during the holidays, and several real estate experts have found that buyers shopping for homes during this time are more motivated and deadline-driven.

“Homebuyers who shop during the off season, and in particular around the holidays, are typically very serious about getting into a house,” says Sharon Voss, president of the Orlando Regional Realtor Association.

Buyers may be looking to relocate for new jobs before the start of the new year, or they may want to close a deal before the end of the tax year. Whatever the case may be, should you put the holidays on hold for you and your family, or go ahead and decorate your home?

 

Why you should decorate

According to Blake Miller, “You don’t have to pretend the holidays don’t exist if your home is on the market this time of year.”

Decorating your house will allow you and your family to celebrate the season while also offering any potential buyers a festive experience, and helping them to envision how the home will look dressed up for any occasion. “Houses show better when decorated for the holidays,” adds real estate coach Mike Ferry.

And in neighborhoods where most of the homes are dressed up, your home will give the added impression of unity and neighborliness.

However, if you do plan to decorate your home, home-staging experts suggest doing so conservatively and with the following tips in mind:

  • Keep it secular to avoid putting off potential homebuyers of different religions
  • Stick to neutral colors and decorations that complement your current décor
  • Keep it simple – decorations could give your home a cluttered appearance, and pose as safety or tripping hazards
  • Avoid decorations that block or hide important features of your home
  • For security reasons, don’t leave any gifts under your Christmas tree during showings

Find out how to decorate your home on a budget

Why you shouldn’t decorate

Holiday decorations could negatively affect your home’s appeal, whether it’s because they make your house seem small and cramped, or because they’re too much of a distraction for buyers who are trying to envision themselves in the home, some experts caution sellers to consider the implications of decorating before they do so.

“While it is impossible to define what would be inoffensive to every person in every market around the country, sellers should be mindful of who their potential buyers are and how their home and its decorations show,” says real estate expert and author Brendone Desimone.

Other reasons cited for skipping seasonal decorations include:

  • Religious décor could alienate potential buyers
  • Protecting your privacy, since personalized decorations and Christmas cards could reveal private details about your life
  • The appearance of untidiness caused by real Christmas trees shedding nettles, in addition to blocking off the part of the house where they are placed

If you do decide to put up some decorations, be sure to have professional photos of your home taken prior to doing so. This way buyers will also have a good idea of what your home looks like under normal circumstances.


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