Selling a house: Sellers do you hurt the process?

Selling a house ? Its about 1 buyer, not ‘hits’, not ‘showings’. Meet & Discuss Here’s some of the worst mistakes sellers make. Pricing too high: The big reason I use an in-depth approach model to a pricing range is because I feel is THE Most important aspect of the selling experience. Buyers have had … More Selling a house: Sellers do you hurt the process?

Michigan Principal Residence Exemption

A significant part of any move, relocation, addition of 2nd home, or estate plan involves taxes; income taxes & property taxes for starters. Hence, below is a primer how to not accidentally double your property tax bill, or conversely, overpay if not need be. Definitions: Principle residence: Plan to return after ‘short absences’. Assessor will … More Michigan Principal Residence Exemption

‘Pocket Listings’ Who loves `em/ who hates `em & why?

Isn’t everything done best via the MLS? Lets look. Meet & Discuss Further <|> Share Your Buy Wish List Loves `em: Often seller(s) who want a highly controlled, minimally invasive, & best outcome approach to the selling process… a “rifle style”. The agent/broker who wants to take the time, target the marketing, minimize interference without … More ‘Pocket Listings’ Who loves `em/ who hates `em & why?

Selling: Does the Brady Bunch still live there ?

Good article on selling the `ol family home. Other houses are selling, yours isn’t – but why ? At this point I’ll switch to a quote from the MI Assoc of Realtors magazine article: “….“See, it’s like this,” he says. “The house looks as if the Brady Bunch still lives here.” What he means is, … More Selling: Does the Brady Bunch still live there ?

Two Simultaneous Principal Residence Exemptions

Homeowners who are selling their homes, but moved into another home elsewhere in the State, get to have two principal resident exemptions. …the St of MI Act provides that an owner may retain an exemption for up to 3 tax years on property previously exempt as principal residence if that property: • is not occupied; … More Two Simultaneous Principal Residence Exemptions

I smell REFUND ! ( for SEV drop or multiple residences )

SEV DROP: Crazy but true. We’ve been filing for refunds when sellers have a: Lower SEV when they sold than when they bought Sell for less than or equal to: Actual Cash Value ( ACV is SEV X 2 in most locations – sell for more and no refund available) Home has always been homestead/main … More I smell REFUND ! ( for SEV drop or multiple residences )

If my home is overpriced, why did I get so many showings ?

When discussing list price adjustments I often get this question. My admirably successful broker-father oft said “when you overprice a property you take it off the market”. I give more value to the saying now that I’ve logged near 3 decades of experience and consider his economics Masters and PhD work. If I drive by … More If my home is overpriced, why did I get so many showings ?

WHY STAGE YOUR HOME

1.  We want to test the market.  For how long ? Whats the exact plan, 90 days ? And the 91st day?  Price reduction– 90 days worth of potential buyers gone. 2.  It costs too much.  Staging costs virtually always less than the first price reduction…and carrying costs. ? 3.  We can’t, we’re living in … More WHY STAGE YOUR HOME