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Archive for the ‘News!’ Category
Friday, August 20th, 2010
The world suffered its worst economy during the past months due to recession. The prices of every commodity shoot up to its extremes, affecting every sector. However, this year seem be better after the world recovered from its worst recession ever. The prices of homes have dropped down, which in turn reduced the mortgage rates. You can now have a check of your monthly payments on mortgage and avail amazing mortgage deals from various sources. This can help you save loads of money and also you can avoid missing out your monthly payments.
With this being the ideal time to find excellent deals to find your dream home, you can start looking for mortgage loan. The recent economic depression however has paved way for people who want to get a new house. Well, there is another great option for people who have bought a new house at times of recession with high interest rates. By refinancing, they can lower their monthly payments on mortgage loan. If you fall under this category, then be happy as you could avail mortgage loan at lower mortgage rates. However, if you consider refinancing you need to do some calculation to decide whether refinancing will benefit you through all means. The cost of appraisals and origination with respect to refinancing is higher.
Low mortgage rates will not last longer because the economy has crossed its recession period. Due to this, dollar rates will increase, thereby increasing the value of property. Therefore, this is the ideal period to make a good investment for buying a house now and selling it at a higher rate in future. Apart from this option, you can save money on your mortgage by availing the best mortgage deals. There are plenty of options available when it comes to choosing mortgage deals. Mortgage brokers can help you get out of serious debts, thereby letting you save thousands of dollars. Nevertheless, it is important that you choose a trusted broker who can help you to find the best deal. Take advantage of current situation and enjoy the benefit of increased equity. Start searching for the best mortgage deal and save thousands of dollars now.
Tags: monthly payments on mortgage
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Monday, June 22nd, 2009
This is the fun part of the business picking who will get to buy your property. If you become good at the prescreening process you can effectively sell your properties at an accelerated rate. There are really just a few basic questions to ask.
1. Do they have the money and credit to buy your house?
2. What are their stipulations to the offer(subject too’s), are their terms acceptable to you.
3. How fast can they “CLOSE“. Our phylosophy is we will sell for less to a person who can close in the shortest term. In our opinion way too many people go into long escrows that never close.
Tags: Buy a house, buy my house, find a home, Find a house, list my house for sale, Open Market Realty, Open Market Realty Prescreening buyers, real estate, sell a house, Sell my house, sell this house
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Monday, June 22nd, 2009
Successful agents are only as good as the inventory they have listed under contract and the market strategies they use to sell it. You are only hiring the best Local Realtor to sell your house by employing their sales success to bring your house to market with a specific strategy to sell it fast. Remember this business is about speed. You cannot sepnd equity, so the faster you close the deal the faster you get your cash. We built this entire site to help you do two things. First sell your real-estate as fast as possible for a maximum profit. Second, to provide people with a place to find deals hundreds and thousands of deals. So here a few things to keep in mind when you are interviewing a Realtor:
1. Your house should be in excellent condition, they can be proud to show your house, the house should be staged so it has maximim appeal.
2. Your house should be vacant so there is easy access without an appointment. It allows more flexibility in showing the house.
3. Flexibility as a seller. You should understand real-estate and have good exit strategies. If you don’t have equity and cannot be flexible then it will take longer to sell and your carrying costs will cut into your profits.
4. If you are an investor then you will have an on going supply of inventory to sell. That means lots of commissions to them fpor selling your houses fast.
5. They know you are willing to pay more for a fast sale.
6. They know that you are also advertising your houses so they get more exposure as a result of working with you.
Tags: find a home, Find a house, list my house for sale, Open Market Realty, sell a house, Sell my house, sell this house, What are you offering to a Realtor with your listing
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Sunday, June 21st, 2009
Sometimes it just makes sense to hire a professional to sell your house. Selling a house through a professional should result in immediate traffic and results. Here are a few pointers when it comes to hiring a Realtor.
Hire only the best, don’t hire your family member who just got his license, and dont hire some agent who is just barely surviving. They will not have the business practises that are required for success. The professional Realtor is a better agreemetn becuase event though the commission is the same you will not be holding the real estate as long and they will share in the marketing costs of the sale.
By using the local real estate professional you are hiring someone who knows the area and the positive attributes of the community where the house is located. Don’t hire the pro form the onther side of town he/she will not get it done as fast as the local Realtor will.
Never sign an exclusive right to sell listing agreement. If that is your only choice then sign one with a buy out clause that says if they don’t find the buyer you pay them a flat rate that is acceptable for you to pay them. We always suggest you sign an agreement that says if they bring the buyer they get paid the commission. If the Realtor is as good as they say they are then this should not be a problem. this keeps them motivated to show and sell your house.
Lastly pay on a sliding scale the faster they sell it the more you pay them. You should never list the property for more than ninety days with anyone. remember the purpose of hiring a Realtor is to get your property under contract within 30 days and closing escrow within 60 days.
Any Realtor that presses for more than 90 Days you should pass on. Your objective comes first. Sell the house fast and for maximum market value.
Tags: Listing your house with a Realtor, Open Market Realty, real estate, sell a house, Sell my house, Steps To Selling Houses FAST
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Sunday, June 21st, 2009
Once you have subscribed to our site you will have an Internet presence. You can advertise your property in simple methods drive traffic to your listing and start building up a client list. Most of our subscribers are farming their local area for real estate cash flow opportunities. The Internet is one of the largest growing communities especially when it comes to real-estate. Direct mail is still a very effective tool but you have to know how to use it to your advantage. You should target your audience then market to them. Direct Mail is costly, and if not done properly can be extremely ineffective. It is our belief that you should use direct mail for the following purposes.
1. Advertise selling your house to the neighborhood.
2. Advertise all your houses to a targeted audience that has responded to your previous offers.
3. Build a list of prospects that are looking to buy houses.
If you are looking for professional direct mail resources we highly recomend Empirical Media. For lists and resources.
Tags: Buy a house, buy my house, Easy Ways To Attract Buyers, find a home, Find a house, Is my house ready to sell, Open Market Realty, openmarketrealty, Purpose of Direct Mail in Real Estate, real estate, sell a house, Sell my house, sell this house
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Sunday, June 21st, 2009
Yard signs can attract attetnion especially to motivated buyers. We suggest multiple signs and make sure they are all up on Thursday and ready for the weekend. The buyer who calls you from a sign is a motivated buyer. Chances are he has seen the house and is calling with specific questions regarding your terms. You should post multiple signs in multiple locations on your property. Make sure each one is easy to read and offers a special condition to the potential buyers. Keep the signs simple and easy to read. Make sure to include your phone number and this web site address. Please dont forget this site offers a 24 hour a day saels portal for prospects to find out more about your terms and conditions for sale. If you are using a realtor make sure they are following up with the prospects. They should be reporting to you on a wekly basis what they have done to sell your house for you.
Tags: Find a house, list my house for sale, Open Market Realty, openmarketrealty, real estate, sell a house, Sell my house, sell this house, Yard Signs
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Sunday, June 21st, 2009
There are a few people that think the just listing their house on a bunch of web sites will get it sold. Sorry but that is just not the case. If you really want to sell you house there are few things you can do the are easy and will help you sell your house fast. We have listed a few below.
1. Signs: Put “For Sale” signs on the property. Make signs define special terms you are offering to buyers.
2. Direct Mail: Tell your neighborhood that you house is for sale. Mail the 200 surrounding neighbors a letter with your sale details.
3. Good Ads: If you do decide to advertise in print we suggest fliers. People driving by can get out and grab one. Make sure it has your contact information on it.
4. Realtors: You do not have to list your home for sale with a Realtor to sell it. It doesn’t hurt to put up a 3% commission to any Realtor who brings you a buyer.
5. The Internet: Here are some recent statistics, 1 out 4 four real estate transactions originate on the Internet today. Also 7.4 out of 10 houses sold are viewed online before they are actually viewed in person.
You do not need to build your own site if you are advertising on our site. We have set it up so each listing acts as its own site with regards to search engine optimization. So you can direct all your inquires to your listing on this site.
Tags: Buy a house, buy my house, Easy Ways To Attract Buyers, find a home, Find a house, list my house for sale, Open Market Realty, openmarketrealty, real estate, sell a house, Sell my house, sell this house
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Sunday, June 21st, 2009
There are many things you can do to sell your house fast! Here are some basic steps to help you get CASH FAST for your real estate.
1. Locate prospects who are potential buyers.
2. Prescreeen your prospects.
3. Make your terms flexible and easy.
4. The Fortune Is In The Follow up! Stay in touch with interested buyers and gain commitments from them.
5. Close Quickly: Get into contract fast and set up easy terms.
Tags: Buy a house, Find a house, list my house for sale, Open Market Realty, openmarketrealty, real estate, sell a house, Sell my house, sell this house, Steps To Selling Houses FAST
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Sunday, June 21st, 2009
You cannot sell anything that is not ready to be sold. Just as you cannot sell raw Steele as a functional automobile. For that same reason, you cannot sell a house that is not ready for the proper exit strategy for the market you wish to sell it in. If you are retailing a house it has to be presentable to that end user. If you are trying to cash flow the property then the house has to be set up differently as well. You need to understand that each method of turning your real estate into cash has different criteria that needs to be met before you can easily, speedily, get that transaction under contract. Below are a few retail suggestions.
1. Curb appeal: is your house presentable when you pull up to it. Cosmetics equal dollars and speed in selling a house. Paint, windows and doors, a well groomed lawn, clean walk way, and proper landscaping are all necessities for the retail market if you are going to get top dollar fast.
2. Showing your house: You can have the nicest house on the block; if you cannot show it then you will never sell it. **get a lock box.** and **set up regular showings**
3. Interior: Does it smell nice when you walk in? Are the furnishings new and clean? Have you ensured that there are no unwanted tenants (IE ants, mice, termites)? Are the carpets clean? We even suggest professional staging for higher end homes.
4. Do you have clear contact instructions for potential buyers. They have to be able to contact you in order to buy your house.
Tags: Buy a house, buy my house, find a home, Find a house, Is my house ready to sell, list my house for sale, Open Market Realty, openmarketrealty, sell a house, Sell my house, sell this house
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Sunday, June 21st, 2009
Here are some reasons why houses don’t sell quickly:
1. House is not ready to sell, it is a fixer upper.
2. Poor area, population is moving away from the war zone.
3. You are way over priced.
4. Your Realtor is a lousy sales person.
5. You are not flexible. Selling terms are to stringent.
6. You have little knowledge about financing options available to the market.
7. Your strategies are not attracting the right buyers.
8. You are not following up with real prospects that have a valid interest in the property.
9. Functional Obsolescence: Where your home is located, and how your home was built can lead to “obsolescence” and a lower property value.
10. Your borrowers have no loan in process or do not qualify for a loan.
11. General location of your real-estate as to needed amenities, (i.e. grocery stores and schools)
12. House is just too small. (One bedroom, One bath less than 1000 sq feet)
13. Rich guys house. Your house is in a market that is not moving. Currently in the 650,000+ price range there is over four years worth of inventory available in the United State, National Association of Realtors 06/2009.
14. Not enough rooms, poor layout, no garage, bad overall design.
If you have any of these issues then open market realty is the solution for your real-estate problems. One thing we know; is the fastest way to sell real estate is directly related to the flexibility of the person trying to sell the real estate. Any othe problems should have been addressed during your acquisition of the property.
Tags: Buy a house, buy my house, Open Market Realty, real estate, Sell my house, sell this house, Why can't I sell my house quickly
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