Mr Williamsburg, Revolutionary ideas on real estate!Hampton Roads Virginia

A lot of sellers are pricing way to high from the start. They are then adjusting their price and coming down. Sadly they keep chasing the market downward behind the curve.

2. The First Offer is Often the Best Offer. There’s a reason this is a real estate cliche. If you get an offer in today’s market,  try to make the best of it , negotiate and live with it if you can, because there may not be another offer for quite some time. 

3. Don’t let your house get stale  The longer a house is on the market, the less attractive it appears. Consumers are watching the market very intently these days. A common thought is :If no one else has bought this house in 12 months or longer, why would I want it ? What’s wrong with it ?

Homeowners sometimes try to get around this problem by allowing a listing to expire and then re-list the house to start the clock ticking again. The  (MLS) multiple listing service ( WAAR/ Williamsburg Area Association of Realtors, REIN/ Real Estate Information Network, CVRMLS/ Central Virginia Regional MLS, CBRAR/ Chesapeake Bay and Rivers Association of Realtors ) will classify it as a new listing-but real estate agents who know the area will usually recognize that it’s the same old house.

You won’t  fool many people . Better to price it right from the start to get it sold quickly and prevent the staleness.

4. Listen to the feedback. 

If a common response from showings is ” It needs new carpet ” Then install new carpet or paint the interior, remove the wallpaper or any other common feedback responses

5. Go For the HGTV Look.

Quite a few of today’s home buyers in Williamsburg and Hampton Roads VA are seeking perfection in the home they will buy. That’s hard to do in some older homes. An older home is not going to be modern like those home design shows.

Numerous buyers ( maybe all) are watching the endless stream of design shows on HGTV these days. It is shaping their expectations.

While that doesn’t  mean you have to put in granite counter tops and new kitchen cabinets, although not a bad idea. You do need to clear the clutter and make the place spiffy.

Quite a few homes that I have shown to buyers in the Williamsburg and Tidewater Va area look like they just appeared on an HGTV segment. Even homes selling in the $190k-$250k price ranges. Use contemporary colors, buy a few accessories at Target. Hide your personal things.“

6.. Don’t Expect a purchaser to Renovate. Yes, there are people who visit Lowe’s/ Home Depot daily and love to do projects around the house, painting , building decks, hanging light fixtures, installing new flooring. But most of today’s buyers want to move in and live. With so many homes to choose from they will normally pick the one that needs the least amount of work/fix up, etc. Even in a good market, fixer-uppers attract only limited offers because people just don’t have the time. money or energy. The people that do have the time will expect a really low price.

7. Understand Buyer’s Mentality.  Quite a few sellers currently think buyers are being greedy. In fact that’s not normally the case. Quite a few of today’s Hampton Roads home buyers are frightened. A major concern is fear of home values in the Tidewater VA area will decline after they purchase. A number of buyers won’t  have the courage to buy a home unless it’s better than the other homes currently on the market and it’s irresistible to them.

8. Play to Strength’s of your Home. Is it on a busy street ? While some think that’s a turnoff others will not mind. If it is make sure your overall curb appeal is enticing. Try to bring in those people driving by with beautiful landscaping. It’s amazing what a few hundred dollar investment in plants and much can do for the curb appeal of a home.

9. Lack of Pictures/ Poor online marketing.   Look up your home’s address in Google. www.Google.com

 Do you see multiple websites that your home is being marketed on ? Is it on www.Craigslist.com ?, Point2 Are there enough pictures to get a good overall sense of the home ? What about the community ? Any pictures of the neighborhood amenities ? The pool, trails, playgrounds, golf courses ? Is it featured on www.Trulia.com , www.Zillow.com , Google Beta or many others ? Does the description of your home make you want to buy it ? Is your home a ” Featured Listing on Realtor.com www.Realtor.com  Are there 25 pictures of your home on Realtor.com ? IS their a descriptive story about your home on Realtor.com ?

10. Lack of an agent’s or brokers online presence. Google your agent. www.Google.com  Is he or she featured on multiple websites, blogs, etc ? Web presence can be compared to the Yellow Pages. Which business will be more successful. One with no yellow page listing or one with 1000’s of yellow page ads’ that cover the entire world ? Imagine if you could advertise in every cities’ yellow pages ? How many cities are there in the U.S ? That’s the power of the web/ Internet…

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For further information about  selling your home, relocation, moving retiring , golf course homes,  real estate , homes, communities, developments, neighborhoods or building lots in Va Beach, Norfolk, Chesapeake, Isle of Wight, Suffolk, Smithfield, Newport News, Hampton , Poquoson, Williamsburg, James City, New Kent, Gloucester or York County Virginia 

contact:

John Womeldorf/ REALTOR

Liz Moore & Associates 757 254 8136

John@MrWilliamsburg.com  email

www.MrWilliamsburg.com/  Williamsburg VA Real Estate website

www.MrBurg.com Williamsburg Va Real Estate website  

www.MrHamptonroads.com/  Hampton Roads Va Real Estate website

www.MrTidewater.com/  Tidewater VA Real Estate website

www.MrVaBeach.com/ Va Beach Va Real Estate website

Williamsburg Real Estate Resource. Search for Homes & Land for sale in Williamsburg Virginia & surrounding areas  click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH

  CLICK HERE FOR Real Estate Home Search  Tidewater Hampton Roads Va 

My other area Real Estate and Information Blogs for Hampton Roads/ Tidewater/ Williamsburg Virignia and surrounding areas

Williamsburg Real Estate Blog II

Williamsburg Real Estate Blog

Williamsburg Happenings/ Events Blog