Do you really need a Real Estate agent to purchase a property?

Posted: under Real Estate.
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Do you think you can write an offer on a Cape Coral foreclosure for sale without the help of an agent? The answer is a big YES!

If you think about it, my guess is you want to save the typical 6% commission that we make. If it’s the case, you are completely mistaken. First, our commissions are not set to be 6%. It’s negotiable. And in the foreclosure and REO world, it’s the bank that decides how much they really want to pay. Most agents doing foreclosure make about 1 to 2% of the closed price as the seller representative. So the buyer’s agent is really doing something like 2 to 4%. In that case, if you represent yourself for that foreclosure home purchase, you’re really saving about those 2 to 4% commission.

Now, prepare yourself to get an accepted offer on that Cape Coral foreclosure house for sale. You will need a few things checked with the listing agent, and I have been in contact with most of them, they use to be very difficult if they are not in front of another agent because they think they’ll have to do all the work believing that you won’t be able to do your part:

  • What kind of paperwork do they want?  Typical is proof of funds, pre-approval letter from your bank, etc…
  • How many offers are on the property? Maybe it is a multiple offers situation already.
  • Is there a mandatory minimum MLS marketing time?
  • How do they want to receive your offer?  Fax, website or email.

So, once you have all that done, you’ll be able to put a good offer but you will need to know something important: the price. Don’t google that. You will not be able to rely on sites like Zillow or Trulia for pricing. They are not accurate. Hire an appraiser instead, especially if you do not have access to your local MLS. The point here is that you don’t want to pay too much or too little. Too much and you may overpay for the property and too little,you may lose the home to higher bidder.

You can also read this buying a foreclosure in Cape Coral post for more tips.

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Comments (0) Sep 26 2011

Cape Coral: second best place to retire

Posted: under Cape Coral.
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I read an article published by cnnmoney about the 10 best places to retire. Cape Coral was voted #2!. So that’s good news after all the effort put into making Cape Coral a better place to live.

The single most effective move in making your retirement stash go further is, well, a move. “There’s nothing more powerful than relocating from a high-cost-of-living area to a low-cost one,” says Baltimore financial planner Tim Maurer.

If “low cost of living” conjures up visions of some bleak backwater, think again. MONEY combed its Best Places to Live database to find affordable cities and towns that offer lots to do, both inside and out. Places that are safe, with violent-crime rates below the national average. Where there’s good medical care close at hand. And where at least 30% of the population is over the age of 50, so you’ll have no shortage of golf or bridge partners.

The ten places you’ll read about in the story that follows offer all that — plus they’re exceptionally kind to your wallet. Their cost-of-living indexes range from 87 to 97, meaning that as little as 87 cents buys residents what a dollar would buy the average American. Homes are affordable, with median prices below the $173,100 national median (some well below). And tax rates are reasonable, with either no state income tax or significant exemptions for retirees. Could Cape Coral be your new home?

You can read the full story by following this link

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Comments (2) Sep 22 2011

Virtual Staging Software for Real Estate | Do it yourself

Posted: under Realtor® Tools.
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I wrote an article about virtual staging for Real Estate few months back, using a virtual staging software. I was explaining the advantages of using a software to stage an empty home instead of renting furniture to stage it, which is more expensive.

Today, I did receive some updates from the company doing the software (Virtual Staging Solutions) and they have added a few more options that can greatly help to generate a very nice layout. The best use in my opinion is to vitually stage your empty listings, get the results on your website and let the buyer’s agents where to go to see how nice the property can be once furnished! It will bring a clear idea of the transition from a house to a home in your buyer’s eyes. It can be the difference between losing your time showing a property and an offer! Your vacant listings will sell faster.

The first new feature is the choice of furniture available. They said on their website that they were working for more than a year with designers in order to bring the brands of furniture available in stores! So you will be able to browse a furniture gallery.

Secondly, they have worked on a personalized way to have your documents out there. They have especially developed those pages for the mobile use. So, your virtual staging listings will be ready to be seen on all mobile devices out there, which is very convenient knowing that it’s easier to bring a cellphone or an iPad with you instead of a laptop.

And last but not least, your presentation of your virtual staging will be in video mode instead of just plain pictures. Today, the video is almost the next big thing.  People are leaving the world of blogging to enter the world of vlogging!

I had an email the other day, asking me questions about the virtual staging software. But honestly, since I’m not involved with this company, it’s probably better to ask directly to them. They website is www.virtualstagingsolutions.com . They have a help sections where your can find email address, phone number and a bunch of frequently asked questions. They offer several plans from $197, which is most likely much cheaper than renting furniture to furnished a living room, a family room and 2 or 3 bedrooms!

For more details, visit their website at www.virtualstagingsolutions.com and get your empty listings sold fast :-)

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Comments (0) Sep 17 2011

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