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Aug

26

Deciding on a Price for Your Home

Posted By: Ramon Rivas on August 26, 2010 at 10:59 am

When it comes time to put your house on the market, pricing can make or break your sale. If you overprice your home, you risk watching it languish on the market, but under-pricing it means minimizing your investment. The starting point for pricing should be based on recent sales in the neighborhood, not on personal attachment. Regardless of what you think your home is worth, the pricing should be based on market value – this is why it’s important to find a good real estate agent who is familiar with the area. He or she will start by looking at what other comparable houses in your area have sold for. This is called a comparative market analysis (CMA).

Another important consideration is the market. To be safe you want to allow yourself enough wiggle room to come down in negotiations, but if it’s a buyers’ market you will have to do more to make your home stand out. Pricing your home below the competition should ensure multiple offers, thus driving up the selling price. Other tactics include being flexible around financing options and offering incentives. In any case, you want to price your home low enough that you will get traffic through – the first three weeks are important. If the house sits longer than three weeks perspective buyers may assume something’s wrong with it.

In a seller’s market it’s safe to add 10 per cent to the last comparable sale in your neighborhood and in a balanced market you may aim to add an amount based on the last comparable sale plus the average market increase calculated over the time since that sale.

Remember, pricing your house is as much an art as it is a science. In the end the price is important, but marketing and staging your home plays a vital role as well. A good realtor can guide you through this process and help you get the best price for your house.

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Aug

06

Short Sales Negotiations Little Hidden Secret

Posted By: Ramon Rivas on August 6, 2010 at 7:30 am

Short Sales Negotiations Little Hidden Secret

If you liked the video, a quick comment down below is greatly appreciated. Thanks for watching!

In this video I show you a Little hidden Secret that I believe will help you in finding the best short sale deals for negotiation. Today’s market is flooded with potential short sale properties that are not even listed for sale, and even tough short sales are not very popular due to all the negotiation work needed, there is a huge potential to make a lot of money in negotiating short sales now.

I hope you enjoy the video and subscribe to our database to receive a notice every time we release a new video tip.

MORE INFORMATION

Xima USA provides the best and most accurate foreclosure and pre-foreclosure information, data, and statistics available, making it a valuable resource to invest wisely Xima USA offers you everything you need to profit from foreclosure investing. It is your one stop destination to search for foreclosed homes, foreclosures Florida, properties with positive equity, short sale, pre-foreclosures or distressed homes. It creates comprehensive property comparison reports in a specific area, giving you a very powerful tool when making or negotiating an offer. XimaUSA is mainly geared towards real estate brokers and investors, and the main purpose is to identify the best investment properties. You are able to search for properties with 30%, 40%, or even 50% equity, and identify possible short sales. You can also identify distressed sellers and FSBOs, so you may easily get those hot listings.

All this information is collected from many different sources and presented to you in one place, in a very easy format. This will give you the ability to get MLS listings information, public records, mortgage, pre-foreclosure and foreclosure details, you can get comparables of active listings, closed sales and rentals. Best of all, you can customize and print reports, mailing lists and labels for easy mailings.

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Aug

03

Generating a BPO Report in Seconds

Posted By: Ramon Rivas on August 3, 2010 at 11:04 am

Generating a BPO Report in Seconds

If you liked the video, a quick comment down below is greatly appreciated. Thanks for watching!

In this video, Dave Dinkel shows us how easy it is to generate a BPO (Brokers Pricing Opinion) Report. BPO reports have become very popular in today’s market as banks need to have an idea on how much a property they are foreclosing on is worth and they don’t want to pay for a full appraisal, so they hire a Licensed Real Estate agent to pull Comps on the property and generate a Report with their opinion of how much the Property is worth. With Xima you can generate your own BPO Report within seconds.

I hope you enjoy the video and subscribe to our database to receive a notice every time we release a new video tip.

MORE INFORMATION

Xima USA provides the best and most accurate foreclosure and pre-foreclosure information, data, and statistics available, making it a valuable resource to invest wisely Xima USA offers you everything you need to profit from foreclosure investing. It is your one stop destination to search for foreclosed homes, foreclosures Florida, properties with positive equity, short sale, pre-foreclosures or distressed homes. It creates comprehensive property comparison reports in a specific area, giving you a very powerful tool when making or negotiating an offer. XimaUSA is mainly geared towards real estate brokers and investors, and the main purpose is to identify the best investment properties. You are able to search for properties with 30%, 40%, or even 50% equity, and identify possible short sales. You can also identify distressed sellers and FSBOs, so you may easily get those hot listings.

All this information is collected from many different sources and presented to you in one place, in a very easy format. This will give you the ability to get MLS listings information, public records, mortgage, pre-foreclosure and foreclosure details, you can get comparables of active listings, closed sales and rentals. Best of all, you can customize and print reports, mailing lists and labels for easy mailings.

SUBSCRIBE NOW

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Jul

31

Real Estate Investing: Pre-Foreclosure Secrets

Posted By: Ramon Rivas on July 31, 2010 at 11:19 am

Location, Location, Location

In real estate investing, you will drive yourself insane looking at properties in random areas of the country or state. You need to select your location first and then see what properties are available. It’s no good buying a beautiful mini mansion in Ohio if there haven’t been any significant sales in that town for ten years. Once you get your location chosen, then you can focus on the properties.

Many in real estate investing prefer to work with preforeclosure properties than ones already in foreclosure. You not only feel good helping the homeowner out a little bit, but you can often save as much as 40 of the house’s market value.

Don’t be surprised if the homeowner doesn’t answer the phone or the doorbell. They may be scared that you are a bill collector. They may also feel shame and confusion. Be patient. Slip a note under their doors if you have to, just to let them know that you are not a bill collector or their lenders.

Talk To Your Accountant

In order to save more money, those in real estate investing may be entitled to a large rebate for every foreclosure or preforeclosure piece of property they buy. This is due to the Foreclosure Prevention Act of 2008. However, since tax laws seem to change by the minute, don’t count on the rebates. If they happen – great, but do not gamble everything on getting a whopping great rebate check.

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Jul

27

How to Create Mailing Labels in the Residential PRO interface

Posted By: Ramon Rivas on July 27, 2010 at 3:19 pm

How to Create Mailing Labels in the Residential PRO interface

If you liked the video, a quick comment down below is greatly appreciated. Thanks for watching!

In this quick video I show you how to generate mailing labels for your marketing using Xima. Simply determine the type of properties you want to target using the different filters available in the search page, and once you have your results, put them into mailing labels within seconds.

I hope you enjoy the video and subscribe to our database to receive a notice every time we release a new video tip.

MORE INFORMATION

Xima USA provides the best and most accurate foreclosure and pre-foreclosure information, data, and statistics available, making it a valuable resource to invest wisely Xima USA offers you everything you need to profit from foreclosure investing. It is your one stop destination to search for foreclosed homes, foreclosures Florida, properties with positive equity, short sale, pre-foreclosures or distressed homes. It creates comprehensive property comparison reports in a specific area, giving you a very powerful tool when making or negotiating an offer. XimaUSA is mainly geared towards real estate brokers and investors, and the main purpose is to identify the best investment properties. You are able to search for properties with 30%, 40%, or even 50% equity, and identify possible short sales. You can also identify distressed sellers and FSBOs, so you may easily get those hot listings.

All this information is collected from many different sources and presented to you in one place, in a very easy format. This will give you the ability to get MLS listings information, public records, mortgage, pre-foreclosure and foreclosure details, you can get comparables of active listings, closed sales and rentals. Best of all, you can customize and print reports, mailing lists and labels for easy mailings.

SUBSCRIBE NOW

If you are viewing this post from a feed reader and cannot see the video,
please click here to be directed to the website and play the video

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    Filed Under: Real Estate Video Tips Tagged with , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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