3 Things to Keep In Mind When Negotiating a Home Purchase

On July 30, 2014, in Gay Las Vegas, by Gay Real Estate Agent in Las Vegas

3 Things to Keep In Mind When Negotiating a Home Purchase Negotiating tactics. It’s a topic that business authors adore. This is perennial best-seller territory…so much so, you could probably fill a moderate-sized home library with titles like The Art of the Deal and Getting to Yes. When it comes to negotiating a home purchase […]

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3 Things to Keep In Mind When Negotiating a Home Purchase

Negotiating tactics. It’s a topic that business authors adore. This is perennial best-seller territory…so much so, you could probably fill a moderate-sized home library with titles like The Art of the Deal and Getting to Yes.

When it comes to negotiating a home purchase in Las Vegas, fine-tuning your offer—finding the balance between writing a winning offer and writing the most advantageous offer—can present a real challenge. Add to that the national headlines that tell us that there are more bidders out there vying for the same properties, and it makes sense to listen to what the experts have to say about the most successful tactics. When you’re negotiating a home purchase in Las Vegas, some of the most repeated generalities are applicable:

Keep your cards close to your chest

Kenny Rogers sings about it, and every poker player agrees: when you’re negotiating, it’s almost always prudent to volunteer as little information as possible about yourself and your home search. If you aren’t considering any other properties, don’t let the sellers’ agent in on the fact. Never lie, of course; but find a polite way to be vague. The less you say about personal connections to the property, the better. Stick to the numbers and terms.

Keep Your Paperwork Smart

Likewise, if you are approved for, say, a $350,000 loan, but are writing an offer for $325,000, instruct your mortgage broker prepare a pre-approval letter with the amount of your offer—not your full buying power (that’s just asking for a higher counter offer!).

Negotiate for the win, not just to win

If you get caught up in negotiation, it can cause you to lose sight of the big picture, which is winding up owning the property you want. If a seller won’t budge on price, ask yourself if the property is actually worth the price they are asking. Canny buyers keep in mind that this isn’t about “winning” by getting sellers to come down to your bid, it’s about winning by getting the Las Vegas home purchase that makes sense for you. If the comps support the price (and you know you’ll be delighted with the house) do be open to weighing the merits of the deal…even if it’s not as rock-bottom as you had hoped.

A home purchase in Las Vegas is a complex, sometimes emotional process—but going in with the right mindset can make all the difference. Good luck hunting!

If you’re looking for an agent to help you every step of the way, I’m standing by all summer waiting to lend an experienced hand!

For more information, please contact Felipe Crook at 1-866-589-1646. You can also start your Las Vegas Home Search HERE!

Felipe Crook
Realty One Group
8395 W. Sunset Rd Ste 190
Las Vegas, NV 89113
1-866-589-1646

 

Easy Weekend Projects to Boost a House for Sale’s Appeal

On July 29, 2014, in Gay Las Vegas, by Gay Real Estate Agent in Las Vegas

Easy Weekend Projects to Boost a House for Sale’s Appeal “You never get a second chance to make a first impression.” It’s a saying that job applicants (at least the successful ones) take to heart. It’s why a lot of serious primping goes on before a blind date. It’s why movie directors spend as much […]

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Easy Weekend Projects to Boost a House for Sale’s Appeal

“You never get a second chance to make a first impression.”

It’s a saying that job applicants (at least the successful ones) take to heart. It’s why a lot of serious primping goes on before a blind date. It’s why movie directors spend as much time as it takes to light and prepare the first shot that will introduce their lead actress. And if you’re going to have a house for sale in Las Vegas this summer, it’s why it’s worth it to take pains to make its first impression as strong as possible.

Making any Las Vegas house for sale’s debut a success doesn’t have to break your back or your bank account. Here are some simple, affordable projects that can be done in a single weekend:

Update Exterior Lighting

For prospective buyers whose first look at your house for sale comes in an evening drive-by, exterior lighting plays a leading role. If your lighting setup is more than ten years old, you may be able to do a quick transformation by replacing outdated fixtures with stylish new ones. If twilight showings are likely, consider adding a lighted path from driveway to door.

Warm Up the Front Porch

There’s an emotional component that goes into making a house for sale—one that’s truly “inviting.” Often, the key factor is whether prospective buyers can easily picture themselves and their family enjoying an afternoon or evening in the place. Think about whether investing in a few pieces of attractive, comfortable-looking outdoor furniture you could place on the front porch (or other outdoor space) could help buyers picture themselves enjoying a leisurely after-dinner conversation…and whether a comfy indoor/outdoor rug and some outdoor decorative pillows might complete the picture.

Invest in Simple Landscaping

Even just a few flower pots or window planters will invariably work to cheer up an otherwise ‘just okay’ exterior. When a prospective Las Vegas buyer drives up to a house for sale, a few large pots along the driveway and/or porch—sometimes with the addition of a couple of inexpensive window boxes—can make a real difference. Fill them with easy-to-care-for annuals like marigolds, petunias, or impatiens. Don’t freely mix colors in any one box or pot: that can mute the cheerful effect that a solid mass of yellow, pink or red conveys.

Trim Up!

You don’t necessarily have to paint the whole exterior before you list your house for sale—but it is a good idea to spruce it up by painting (or replacing) the front door, shutters, and trim. It’s a quick, affordable way to give the entire house a facelift without spending tons on painters and paint!

Mothball the Mailbox

Potential buyers may be searching for the address, so a mailbox with old, peeling house numbers can sabotage an entire showing. A new mailbox with bright, shiny numbers will waylay that possibility. For brick mailboxes, just replace the old house numbers and flag.

If you are thinking of listing your house for sale in Las Vegas, July is prime time to start the ball rolling. Call me today to discuss your pre-marketing plan—we’ll develop one that’s designed to fetch top dollar for your property!

For more information, please contact Felipe Crook at 1-866-589-1646. You can also start your Las Vegas Home Search HERE!

Felipe Crook
Realty One Group
8395 W. Sunset Rd Ste 190
Las Vegas, NV 89113
1-866-589-1646

Listings Missteps to Avoid…Any Time of the Year!

On July 28, 2014, in Gay Las Vegas, by Gay Real Estate Agent in Las Vegas

Listings Missteps to Avoid…Any Time of the Year! The Las Vegas listings aren’t dominated by any particular kind of seller—like local listings everywhere, all kinds of homeowners are represented. One attribute they generally have in common is the motivation to make their sale happen quickly. Sometimes that’s because they have settled on a new home […]

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Listings Missteps to Avoid…Any Time of the Year!

The Las Vegas listings aren’t dominated by any particular kind of seller—like local listings everywhere, all kinds of homeowners are represented. One attribute they generally have in common is the motivation to make their sale happen quickly. Sometimes that’s because they have settled on a new home purchase and want to avoid months of paying double duty on multiple residences. Sometimes a seller is relocating; sometimes there’s been a death or divorce. Regardless of the reason for entering their property in the Las Vegas listings, most sellers are strongly motivated to do what it takes to accomplish a sale.

Even in what has proven to be a generally strong market, a quick sale can be harder to accomplish during the summer months when buyers have other priorities on their minds—like vacations or the impending start of school. It might seem to be a less than optimum environment to enter the Las Vegas listings, but the fact is, sales DO happen during the vacation months: and they can happen quickly—especially when the seller avoids some common missteps:

Not Perfecting the Homes Appearance

Sometimes it’s actually fairly easy to make minor remodeling changes that will make a home appear nearly “like new”—in person and in the listings. Another commonly missed step is a one-time extremely detailed deep cleaning (professionally when necessary). A home purchase is an emotional investment as well as a rational one, with the ‘clean as a whistle’ dimension sure to add considerable appeal to prospective buyers.

Not Taking Advantage of the Home Staging Industry

Based on statistics, professional home stagers give homes a look that buyers prefer. Of course, the decision to stage depends on the home sellers’ budget—but some stagers work within all budgets, so a consultation may be worth considering in any case. Consider staging as interior design for the sales process. It’s also true that staged interiors also tend to display better in the listings.

Being Present During the Buyer Visit

No matter how sensible being there to answer any questions a potential buyer might have, remaining present during a showing is usually a misstep. Experts state that in practice, this tends to discourage substantive movement toward a sale.

Ignoring Offers

You may be on vacation and have trouble getting to a place where documents can be signed—but that’s not a reason why ignoring a low offer becomes a good idea. Yes, there are some offers that are just too low, but the way to respond is to counter the offer. By ignoring any legitimate offer, a Las Vegas home seller could be walking away from a buyer who has financing and may actually be willing to negotiate for a home (sometimes it’s the one they really have settled on). Sellers who benefit most from this kind of negotiation are likely to have done the work necessary to make their home sellable at top price.

If you are looking to add your home to the Las Vegas listings this summer, contact me ASAP to discuss a marketing strategy that’s right for your property.

For more information, please contact Felipe Crook at 1-866-589-1646. You can also start your Las Vegas Home Search HERE!

Felipe Crook

Realty ONE Group

8395 Sunset Road, Ste 190

Las Vegas, NV 89113

Felipe@felipecrook.com

1-866-589-1646