House Hunting Worksheet Solves Marital Disputes!

Rhonda has created a marital conseling tool that will save you a lot of fights with your spouse. This worksheet discovers what your dream home looks like and what your spouses looks like so that you can make adjustments if needed to your search.

Write Rhonda if you would like to get this worksheet. [email protected]

“Can’t we all just get along.”

– Rodney King?

How To Make Money On Your Home

Making money on your home is key to many of you. My clients report that they simply would not consider owning a home that they did not make some profit on. The thought of taking a check to closing is repulsive. Here is what I want you to know about making money on your home.

The obvious things about home ownership that make you money…

 The whole time that you live in a home, if it is your primary residence, you are saving on your taxes. In other words, you can either use your money to pay for a place to call your own that you are buying, or you can pay more taxes.

 The home ownership experience lends itself to your higher self-esteem. Self-esteem will lead you to making more money in all aspects of your life.

 The home gives you a place to do all of your handyman experiences on your own dime with your own result of profit, or not.

 As your mortgage payments are made over the years, your equity stake in the investment in your home, in most cases, will rise and your debt will fall.

But, on to how to make money on your home…

 Keep your home maintained the whole time that you live there.

 Keep your home clean and especially clean it well when you are selling it. Clean homes make 3 to 4% more money than dirty homes.

 Market your home at a high price instead of what your naive neighbors or low-balling agent of the neighborhood recommends. Go with your gut and go high. You will never get a high price if you don’t ask for it.

 Sell your home with a listing company that has low listing commission fees. Most homeowner’s profit is used up in selling commissions. You now have alternatives.

 Sell your home Staged and maybe throw in some furniture.

 Get every tool available to make your home look its best on the internet. Virtual tours, Staging, Videos and anything else that you can find. The first showing to potential buyers is on the internet. By the time that the buyer comes to your home in person, it is really the second showing.

 Offer a home warranty in lieu of some of the inspection items. If this is not enough for the buyer, tell them that you will give them 5 service call deductibles to cover future costs.

 To make a good deal on the sale of your home, it is imperative to make a good deal when buying it. Use an experienced agent to help you buy. They are a valued resource and cost you nothing. In fact, in my company we split out our commission with our buyer clients for helping us find them the home.

The Future Of Realty

If I had a crystal ball, I would be rich. So would you if you had one. But since I don’t I will have to use an educated guess to forecast what real estate will be in 10 years, 20 years and beyond. Real estate is changing right before our eyes and if you look back, who would have known that the simple tool that we all have become addicted to would have changed real estate to what it is today. The Internet has impacted the power that real estate agents have and it is making a smarter world smarter.

Information changes everything. Where in the past, real estate agents could hold information about what was listed on the market for purchase, now the buyers tell agents what they want to see. Where in the past, real estate agents, were the only ones who could tell sellers and buyers what property values were in the past and present, now the public tells the agent what it is in a testing fashion seeing if the agent is as smart as the agent thinks they are. Where in the past, the buyer needed a real estate agent to take them all over town showing them the area, now, the buyer uses a GPS and tells the agent when they are ready to see the house.

So, where does that leave the real estate agent?

Real estate agents will be needed IF:

We hone our skills for making a win-win between buyers and sellers and realize that these folks need unemotional thinkers that see a light at the end of the tunnel, not just a commission.

We use unbiased information on what it takes to sell a home that we gather from our clients. We can no longer have opinions on whether open houses work or not just because we don’t want to do them. The public has power and they will research everything you tell them is right or wrong on the Internet.

We build databases of research links that point buyers and sellers to information that they need.

We have a gameplan that is going to take them through a very easy process yet empower them at the end with self-esteem and a job well done.

We recognize that a seller does not want to take a check to closing and we help them understand better that the condition of the home has more weight than a low asking price because buyers are emotional and need to feel a good connection with the home they are buying.

Basically, in my opinion, the Internet empowers people. It removes fear and panic by giving knowledge. If we don’t ride the train of empowerment with our clients instead of giving them some magical hocus-pocus that we have presented all these years as agents acting as if we are in charge of whether their house sells or not, we will be lost with the times. Empowerment is the name of the game. The more you give to your clients, the more you thrive.