Do you want it Listed or Do you want it Sold?

One of my last marketing pieces says, “Do you want your property Listed or Do you want it Sold”. It did it’s job and grabbed the attention of one of my last sellers. Now I’m using his home as my new marketing piece because I was lucky enough with my marketing to get his sold within 24 hours.

The discussion earlier went with him the way they mostly do when they read my ad, what do you mean listed or sold? Are they not the same thing? I want to sell my house that’s why I’m calling you. That is when the explanation comes in about the difference in agents.  I told him that many agents will only list the house knowing, or should I say Hoping, that another agent will soon bring a buyer. They just list the home on the MLS, put up a sign (usually). They don’t send any cards, do any advertising and don’t feature it on any of the major sites on the internet. They sit and wait for those agents that may have a buyer to go view it, like it and put an offer in.

We went over the differences when I am hired, you really want to sell your house and we are not testing the waters, there are plenty of new agents for that.  We’re going to price it correctly and I’m going to show you all the stats for that because as soon as I leave here I’m going to start marketing it. Even though we’re not going to list it as active on the MLS till five days down the line, I have to start my pre-marketing on the home. I want to contact to everybody in my office in case they have buyers that want a home like that. I need to let everyone on my contact list that, “hey this wonder home is coming soon, do you have or know of someone in your family or friends that want to live here”. Then it’s letting everyone of my social media contacts know what’s coming from us, “coming soon listing this on Saturday etc. etc.”

All this pre-work is just to build the excitement and that’s what I did in this case and it worked. I was taking the final pictures when an agent called me and asked to view it. I said sure and within an hour he was there. I was just finishing up and he was coming in. Later that day, Saturday, he called and said I’m writing up an offer and we had a contract within 24 hours. That home closed escrow 27 days later, last week.

The funny part of the story is bitter sweet, the house right next-door to my clients is for sale has been for sale for almost a year now, it’s approximately $80,000 overpriced. The neighbor has not had any showings but was he amazed when my client told him that his house was sold already within a day. So I think that guy is pretty upset with his agent now.

Price it right, pre-market the hell out of it before you list it and even more when you list it and make sure everyone knows about it.

Paul Antonelli

REALTOR Professional
Broker / Owner of NextHome Antonelli Realty
The Future Of Real Estate is HERE !
Cell; 321-443-4028       Email; Info@PaulAntonelli.com

Tips for Adding Curb Appeal

8 Tips for Adding Curb Appeal and Value to Your Home

By: Pat Curry, National Association of REALTORS

Here are eight ways to help your home put its best face forward.

 Homes with high curb appeal command higher prices and take less time to sell. We’re not talking about replacing vinyl siding with redwood siding; we’re talking about maintenance and beautifying tasks you’d like to live with anyway.

The way your house looks from the street — attractively landscaped and well-maintained — can add thousands to its value and cut the time it takes to sell. But which projects pump up curb appeal most? Some spit and polish goes a long way, and so does a dose of color.

Related: Gorgeous Landscaping for Your House Means More Than Just Looks

Tip #1: Wash Your Home’s Face

Before you scrape any paint or plant more azaleas, wash the dirt, mildew, and general grunge off the outside of your house. REALTORS® say washing a house can add $10,000 to $15,000 to the sale prices of some houses.

A bucket of soapy water and a long-handled, soft-bristled brush can remove the dust and dirt that have splashed onto your wood, vinyl, metal, stucco, brick, and fiber cement siding. Power washers (rental: $75 per day) can reveal the true color of your flagstone walkways.

Wash your windows inside and out, swipe cobwebs from eaves, and hose down downspouts. Don’t forget your garage door, which was once bright white. If you can’t spray off the dirt, scrub it off with a solution of 1/2 cup trisodium phosphate — TSP, available at grocery stores, hardware stores, and home improvement centers — dissolved in 1 gallon of water.

You and a friend can make your house sparkle in a few weekends. A professional cleaning crew will cost hundreds — depending on the size of the house and number of windows — but will finish in a couple of days.

Tip #2: Freshen the Paint Job

The most commonly offered curb appeal advice from real estate pros and appraisers is to give the exterior of your home a good paint job. Buyers will instantly notice it, and appraisers will value it.
 
Of course, painting is an expensive and time-consuming facelift. To paint a 3,000-square-foot home, figure on spending $375 to $600 on paint; $1,500 to $3,000 on labor.

Your best bet is to match the paint you already have: Scrape off a little and ask your local paint store to match it. Resist the urge to make a statement with color. An appraiser will mark down the value of a house that’s painted a wildly different color from its competition.

Tip #3: Regard the Roof

The condition of your roof is one of the first things buyers notice and appraisers assess. Missing, curled, or faded shingles add nothing to the look or value of your house. If your neighbors have maintained or replaced their roofs, yours will look especially shabby.

You can pay for roof repairs now, or pay for them later in a lower appraisal; appraisers will mark down the value by the cost of the repair. According to the “2015 Remodeling Impact Report” from the NATIONAL ASSOCIATION OF REALTORS®, the national median cost of a new asphalt shingle roof is about $7,600.

Some tired roofs look a lot better after you remove 25 years of dirt, moss, lichens, and algae. Don’t try cleaning your roof yourself: call a professional with the right tools and technique to clean it without damaging it. A 2,000-square-foot roof will take a day and $400 to $600 to clean professionally.

Tip #4: Neaten the Yard

A well-manicured lawn, fresh mulch, and pruned shrubs boost the curb appeal of any home.

Replace overgrown bushes with leafy plants and colorful annuals. Surround bushes and trees with dark or reddish-brown bark mulch, which gives a rich feel to the yard. Put a crisp edge on garden beds, pull weeds and invasive vines, and plant a few geraniums in pots.

Green up your grass with lawn food and water. Cover bare spots with seeds and sod, get rid of crab grass, and mow regularly.

Tip #5: Add a Color Splash

Even a little color attracts and pleases the eye of would-be buyers.

Plant a tulip border in the fall that will bloom in the spring. Dig a flowerbed by the mailbox and plant some pansies. Place a brightly colored bench or Adirondack chair on the front porch. Get a little daring, and paint the front door red or blue.

These colorful touches won’t add to the value of our house: Appraisers don’t give you extra points for a blue bench. But beautiful colors enhance curb appeal and help your house to sell faster.

Related: Colorful Plants with Curb Appeal

Tip #6: Glam Your Mailbox

An upscale mailbox, architectural house numbers, or address plaques can make your house stand out.

High-style die cast aluminum mailboxes range from $100 to $350. You can pick up a handsome, hand-painted mailbox for about $50. If you don’t buy new, at least give your old mailbox a facelift with paint and new house numbers.

These days, your local home improvement center or hardware stores has an impressive selection of decorative numbers. Architectural address plaques, which you tack to the house or plant in the yard, typically range from $80 to $200. Brass house numbers range from $3 to $11 each, depending on size and style.

Related: 11 Ways to Create a Welcoming Front Entrance for Under $100

Tip #7: Fence Yourself In

A picket fence with a garden gate to frame the yard is an asset. Not only does it add visual punch to your property, appraisers will give extra value to a fence in good condition, although it has more impact in a family-oriented neighborhood than an upscale retirement community.

Expect to pay $2,000 to $3,500 for a professionally installed gated picket fence 3 feet high and 100 feet long.

If you already have a fence, make sure it’s clean and in good condition. Replace broken gates and tighten loose latches.

Tip #8: Maintenance is a Must

Nothing looks worse from the curb — and sets off subconscious alarms — like hanging gutters, missing bricks from the front steps, or peeling paint. Not only can these deferred maintenance items damage your home, but they can decrease the value of your house by 10%.

Here are some maintenance chores that will dramatically help the look of your house:

  • Refasten sagging gutters.
  • Repoint bricks that have lost their mortar.
  • Reseal cracked asphalt.
  • Straighten shutters.
  • Replace cracked windows.

Don’t let the bank Foreclose, you still have rights, Call me at 321-443-4028 or email me at info@PaulAntonelli.com for more information.

    Claim Your Free Report Now To Sell Your Home For More Money . . . . Click Here

 Paul Antonelli

REALTOR Professional
Broker / Owner of NextHome Antonelli Realty
The Future Of Real Estate is HERE !
Cell; 321-443-4028       Email; Info@PaulAntonelli.com
www.AntonelliRealty.com
http://www.PaulAntonelli.com/
www.GetFreeShortSaleHelp.com
http://www.WhatsMyMarketValue.com/
www.ThatShortSaleGuy.com
http://www.paulantonelli.realtor/ 

Fridays odd job #’s

    Friday’s Employment data was a bit puzzling to say the least. While the economy created 160,000 jobs, it was the weakest growth since Sept of last year and the labor force participation rate fell from 63% to 62.8%.

   But year over year wage growth increased from 2.3% to 2.5%, the 4th best reading since Oct 2009, the number of long-term unemployed fell to its 2nd best level since Sept of 2008, and the average workweek increased.

A June rate hike remains a faint possibility.

 Don’t let the bank Foreclose, you still have rights, Call me at 321-443-4028 or email me at info@PaulAntonelli.com for more information.

   Claim Your Free Report Now To Sell Your Home For More Money . . . . Click Here

 Paul Antonelli

Mortgage delinquencies still rising

In the third quarter of 2015 consumer Mortgage delinquencies rose from a record low of 1.36% in second quarter to 1.41%.
ForeclosedThese levels are substantially below the 15-year average of 2.25%, a level last seen roughly four years ago.
Statistically one of the lesser cost home purchases, Mobile home loans have the highest delinquency rate at 3.59%, followed by home equity lines of credit at 2.91%.

At the other end, auto loans enjoy the lowest delinquency rate at 0.74%, followed by RV loans at 0.95%. Makes perfect sence these days when dealerships offer up to 9 and 10 year car loans. People trade in after 3 or 4 years and just roll in the debit from the last loan, over and over.

I’m a firm believer that if you can not pay off a car loan in 3 years, you can’t afford it.

 Don’t let the bank Foreclose, you still have rights, Call me at 321-443-4028 or email me at info@PaulAntonelli.com for more information.

Claim Your Free Report Now To Sell Your Home For More Money . . . . Click Here

 Paul Antonelli

REALTOR Professional
Broker / Owner of NextHome Antonelli Realty
The Future Of Real Estate is HERE !
Cell; 321-443-4028       Email; Info@PaulAntonelli.com
www.AntonelliRealty.com
http://www.PaulAntonelli.com/
www.GetFreeShortSaleHelp.com
http://www.WhatsMyMarketValue.com/
www.ThatShortSaleGuy.com
http://www.paulantonelli.realtor/

April Jobs Report

Friday’s jobs report showed a solid gain of 215,000 jobs.
That said, the unemployment rate ticked up from 4.9% to 5% because the labor force grew by an even larger 396,000 persons!
As a result, the labor force participation rate rose by another 0.1% to 63%, its best level since 3/14 and up from 62.4% in Aug of 2015, a huge increase.
Wages rose a nice 2.3% Y-o-Y.

Has your property value gone up or is it a victim of the latest Neighborhood Foreclosure Syndrome. Find Out Now For FREE!    Go To: www.WhatsMyMarketValue.com !

Paul Antonelli
REALTOR Professional
Broker / Owner of NextHome Antonelli Realty

Fannie and Freddie earnings

fannie-freddieIn Sept of 2008, the government took over Fannie and Freddie after investing $116 billion and $71.5 billion in them respectively.

In exchange, the government initially took a 10% dividend on bailout monies and since 2012, against stockholders wishes, has been taking all profits.

In 2015, Fannie earned $10.3 billion, Freddie $5.5 billion, dividend rates of 8.9% and 7.7% respectively, significantly less than the 10% dividend, rendering common stock in both worthless.

    Want to Really Know what your home is worth today?Go to www.WhatsMyMarketValue.com

 Paul Antonelli

REALTOR Professional
Broker / Owner of NextHome Antonelli Realty
The Future Of Real Estate is HERE !
Cell; 321-443-4028       Email; Info@PaulAntonelli.com
www.AntonelliRealty.com
http://www.PaulAntonelli.com/
www.GetFreeShortSaleHelp.com
http://www.WhatsMyMarketValue.com/
www.ThatShortSaleGuy.com
http://www.paulantonelli.realtor/

Way Too BIG To Fail

In 2006, the four biggest banks (J.P. Morgan Chase, Bank of America, Wells Fargo and Citigroup) collectively had $5.2 trillion in assets, 44% of all US bank assets.

Today, those same four banks hold $8 trillion in assets or 51% of all assets.

Moreover, only Wells Fargo is valued above book!

This dismal situation suggests the biggest banks are generally poorly managed, have lousy growth prospects or, gulp, both.

    Want to Really Know what your home is worth today?Go to www.WhatsMyMarketValue.com

 Paul Antonelli

REALTOR Professional
Broker / Owner of NextHome Antonelli Realty
The Future Of Real Estate is HERE !
Cell; 321-443-4028       Email; Info@PaulAntonelli.com
www.AntonelliRealty.com
http://www.PaulAntonelli.com/
www.GetFreeShortSaleHelp.com
http://www.WhatsMyMarketValue.com/
www.ThatShortSaleGuy.com
http://www.paulantonelli.realtor/

Homeowners really don’t know their homes value

Just under 50% of homeowners with a mortgage (about 66% of all homeowners) in the U.S. expect their equity will increase in 2016, even though about 60% say equity in their homes already increased during the last three years of the housing recovery, according to research conducted for loanDepot.

Of those expecting a change in their equity, about 85% expect it to rise as much as 10%. Many of the experts are already reporting that we should see between a 1% to 2.5% increase this year.

More than half, 58%, are expecting their equity to increase between 1% and 5%. The other 27% are expecting an increase between six and 10%. About 3% expect the equity to fall, and 27% say they expect it to remain the same.

Although about 57% of homeowners believe their home’s value appreciated in the past three year. Even so, loanDepot studies show about 80% of them underestimate how much their home value has increased during the housing recovery.

The Standard & Poor’s Case Shiller 20-city index shows home values rose twice as much as one in every four homeowners believed.

“Homeowners who bought during the housing boom are regaining equity many thought was lost forever, yet too many are not aware of the equity they have gained or they are unclear about how to determine changes in their equity,” loanDepot chief financial officer Bryan Sullivan said.

“People who bought after the housing boom when prices were low are realizing homeownership can be a great investment and an asset that they can now leverage through equity to realize many dreams,” he said. “Whether they choose to leverage their home equity now or reserve it for future needs, millions of homeowners have choices today not available just a few years ago.”

loanDepot studies have shown that timing has an impact on how homeowners feel about their equity. Those who have bought homes after 2009 are generally more cautious, but more optimistic.

Zestimate Accuracy

Nationally, the Zestimate has a median error rate of 7.9%, which means half of the Zestimates in an area are closer than the error percentage and half are farther off. For example, in Seattle, Zestimates for half of the homes are within 6.6% of the selling price, and half are off by more than 6.6%.

To improve Zestimate accuracy, we allow homeowners to edit their home facts and then we incorporate this information into our Zestimate calculations. So if you obtain an MLS account and input all the sales from the last 60 days that happened in your neighborhood, that may improve your chance of getting a closer value to your own.

Be aware that in some areas, we might not be able to produce a Zestimate at all, but we do have some basic information on the homes. The tables below show you where we have Zestimates and other home information.

Lets take Orlando, FL –  875.5K homes on zillow – 803.0K have the zestimate – only 37.1% of those come with in 5% of the real value – only 61.9% come with in 10% –  and 83.0% make it with in 20% of a homes REAL Market value.  And this is taken right from the zillow web page What is a zestimate.

    Want to Really Know what your home is worth today?Go to www.WhatsMyMarketValue.com

Paul Antonelli

REALTOR Professional
Broker / Owner of NextHome Antonelli Realty
The Future Of Real Estate is HERE !
Cell; 321-443-4028       Email; Info@PaulAntonelli.com