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Category Archives: antelope valley real estate

The Power of ‘Kidfluence’ When It’s Time to Buy a Home

While parents may have a handle on the household budgets, it’s the kids who influence one of the biggest purchase decisions you make as a family-a new home. In the U.S., there are 50 million children 11 years old and under who have a hefty $1.2 trillion in annual purchasing power and they mean business. We’re not just talking about their mini-opinions on everyday purchased like food, clothing and toys; their influence extends to larger life purchases including cars, vacations and yes, even homes.

According to a recent Harris Poll, 55 percent of homeowners with a child under 18 said the opinion of their child played a factor in their home buying decision. For millennial parents, the influence grows to nearly 75 percent-now that’s some ‘kidfluence.’

While parents study and search for the best school zones, other home features like having their own room, a large backyard and a swimming pool were more popular to the Mini-Me in the family. This might explain why many couples move out of the city to suburbs when they start a family-even as some urbanists continue to stay put in city life raising their city kids.

Finding the right home that’s just right for your family starts with finding the right agent. RE/MAX agents are more recommended because they recommend what’s right for you-and your kids. When you’re ready to start the process of buying a home, RemaxAllPro.com will be ready to help.

RE/MAX Agents Outproduce The Competition 2:1

The numbers prove it: RE/MAX agents continue to have leading productivity. Here are five facts to know from the 2018 REAL Trends 500 Report.

RE/MAX agents averaged 17.0 transaction sides, more than double the average of 7.5 for all other agents in the survey.

RE/MAX was one of only four national franchises with an average exceeding the overall survey average of 8.3 transaction sides per agent.

Of the 1,752 qualifying brokerages, one-third (565) were affiliated with RE/MAX. The nearest competitor placed 392.

RE/MAX agents averaged $4.6 million in sales volume, 78% higher than the $2.6 million average of all other agents in the REAL Trends 500 survey.

 With 89, RE/MAX brokerages hold even more of the top 100 spots when all participating brokerages are ranked by average sides per agent.

View the full 2018 REAL Trends 500 report here >

The Worldwide Leader in Real Estate: RE/MAX

The global powerhouse moves forward with productive agents and a passion for helping buyers and sellers around the globe.

The skills of more than 115,000 Sales Associates in over 100 countries and territories have made RE/MAX the global leader in residential real estate sales (transaction sides). That’s what happens when you combine the industry’s most productive agents, a universally known brand name, an array of competitive advantages, and a culture that attracts professionals who value customer service and big results.

Nobody in the World Sells More Real Estate Than RE/MAX.

Sellers: It’s Risky Pricing too High – Market Value Strategies

Every seller wants to get the best deal for their house—especially when you consider that as much as $500,000 in profit can be earned tax-free. So why not just price your house to the moon? After all, you can just bring it down later, right?

Well, there are a few problems with that. If you price high and then slowly start bringing it down…and down…and down…buyers are going to notice. It makes that home start to seem like it’s in a bargain bin. You want your home to appear like a deal, not cheapened goods. When it sits on the market for an extended time because of overpricing, buyers are going to wonder why. Would you feel urgency as a buyer if you read that a property was listed 180 days ago? Probably not.

To set a realistic price, consider these tips:

  • Do your due diligence. What have houses like yours sold for when the deal was made in a reasonable time? And what were the original prices of those homes?
  • Have an honest discussion with your real estate agent. He or she knows the area, and wants to sell your home as quickly as possible for the most competitive price. What does he or she think is reasonable?
  • Be an assertive seller, but don’t overplay your hand. Remember, the little extra money you hold out for may not be worth the six months or year of mortgage payments you’re stuck paying in the meantime!

Timing is equally important in the real estate marketplace. Home prices are constantly fluctuating with the dynamic forces of the local, national, and global economy. No real estate associate can control these forces. However, your RE/MAX associate will research and prepare a detailed “Market Analysis” of your property. Your market analysis will compare all other sold and currently listed properties in similar locations, characteristics, amenities, and condition  to your home. Together, your RE/MAX associate will help you interpret the data and make an informed decision as to where your home should be priced.

FAIR MARKET VALUE PRICING will enable you to reach 95% of the buyers searching for your home’s criteria.  JUST 15% above fair market value will decrease your buyer pool to 20%.

When you’re ready to start the process of buying a home, RemaxAllPro.com will be ready to help.

9 Ways to Cool Down Your Home This Summer

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Cranking up the AC can also crank up your electric bill. Here are a few alternative ways to keep your home cool this summer.

1. Swap bulbs
If you still haven’t switched to CFLs for environmental or economic reasons, do it to be cool. Incandescent bulbs waste about 90 percent of their energy through the heat they emit.

2. Keep a cool head
Try out a buckwheat pillow for bedtime. They don’t absorb and retain heat like cotton and down pillows.

3. DIY AC
Place a big bowl of ice water in front of a fan for a cheap alternative to central air.

4. Mind the blinds
Close your window blinds or curtains when you leave to prevent your home from heating up like a greenhouse while you’re gone.

5. Grill and chill
Cooking outside on the barbecue keeps you from heating up your home with a stove or oven. It also minimizes the time you have to sweat over the dishes.

6. Don’t block your breeze
Open internal doors at night to maximize any fresh, cool air that makes its way inside.

7. Change direction
For the summer, set your ceiling fan to rotate in a counterclockwise direction to create a cooling, downward airflow. In winter, turn the setting back to clockwise to recirculate warm air.

8. Suck it up
Use your bathroom fan when you shower and your exhaust fan when you use your stovetop. They’ll help draw the hot air up and out of the room.

9. Unplug
Electronics emit heat when they’re plugged in, even if they’re turned off. Unplug them, or use a smart power strip, when you’re not using them.

Want a cool new place to call home? Learn what your cold cash (or approved mortgage amount) can buy in today’s market. Start by finding an experienced agent here.

4 Things That Only A Realtor Knows

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According to the National Association of Realtors, 42 percent of homebuyers start their home search online, and 92 percent use the Web during the home search process. While the Internet can be a good place to start looking, there are things real estate agents know about the process of buying and selling a home that can’t be found in any Web browser.

Here are a few.

1. How to price a home

When setting a listing price, agents consider scores of factors, from local and national market trends and neighborhood development activity to the latest buyer preferences for kitchen appliances and landscaping. Every home is unique, and an agent with a track record of success knows how to price it attractively in the market.

The Internet isn’t always much help when it comes to comparison shopping, either. Many of the same factors that help an agent set an appropriate listing price aren’t available in an algorithm, so online estimators aren’t always accurate – and could be costly if you purchase without consulting a real, live professional.

2. Marketing offline

While online marketing can certainly be valuable, agents have networks of contacts and years of experience to round out their marketing plans.

And, for buyers, agents often can tap into their network to learn about great properties before they hit the real estate websites or even the MLS.

3. Key points in the process

If you find a home you love online, the website won’t be there to guide you through a mortgage application, find a home inspector or advise you what to do if an inspection reveals issues.

4. How to negotiate

Having an experienced, professional negotiator drive your transaction can be vital to reaching a fair price for the property you’re buying or selling. A website can give you an estimate of how much a property should cost, but it can’t evaluate whether that’s a great price or not.

One way the Web is helpful in real estate? Finding a great agent to work with. Start your search here.

5 Things to Know About Your Neighbors Before You Sell

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Considering selling your home? You may be competing against your neighbors. Here are some things to look at with an agent before you list:

1. Who’s remodeled?

Tap into the neighborhood grapevine to find out who’s remodeled their kitchen and upgraded their bathroom. An agent can look up the listing and sale price of those homes to find out if updates made a difference.

2. How fast are homes selling?

Keep an eye on how quickly neighborhood homes have been moving off the market. A low inventory may mean you can set a higher listing price. Your realtor can add valuable pricing insight.

3. Take inventory of the inventory

It’s difficult to fetch a competitive price when you’re competing for buyers. If several homes are for sale on your street, waiting a season may prevent your home from languishing on the market. Talk to your Realtor about market trends in your area.

4. Stay current on planning and zoning news

Keep tabs on upcoming public projects that could impact the timing of your sale. Is major road construction planned that may deter buyers? An agent can discuss selling strategies to work around issues.

5. Get the scoop on your hood from an expert

A Realtor familiar with your unique market can put it all in perspective if you’re considering a sale. Find an agent here.

May Housing Report

With the 2016 home-buying season just starting, April sales saw a 7.5% increase over March and a 3.2% rise over April last year, which nearly matches the average year-over-year sales increase of 4.3% so far in 2016. The Median Sales Price in April was $215,000, which was 5.4% higher than one year ago and 7.5% above the median price in March. The inventory of homes for sale remains very tight in many markets across the country, with the April inventory 15.2% lower than April 2015. At the rate of home sales in April, the national Months Supply of Inventory was 3.2, down from 3.7 in March.

The May 2016 Housing Report infograph can be found here.

RE/MAX All-Pro Open House Showcase

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Don’t forget to come out to our Open House Showcase this Sunday! 17 homes will be shown, with more than a dozen of our agents hosting!

View Listings >

 

4 Things Agents Consider When Setting Listing Prices

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There’s no online calculator for setting the perfect listing price for your home. It takes experience, market savvy, and even a bit of psychology. A strong listing agent can help you set the right, most competitive price for your home. Here are a few things they might look at:

1. The competition
Your agent will look at the prices of similar homes in your area that either are currently listed or sold during the past few months. They’ll take into account how many days the properties were on the market, and how the listing prices for those homes differed from the final sale prices.

2. Market trends
What’s affecting the market in your neighborhood, and your region? Your agent will consider national factors that shape the real estate market, such as possible rising interest rates, as well as local factors, like whether the average home price in your neighborhood has been rising or falling. They’ll also think about things such as new companies moving to the area in the near future, or plans for improving local amenities, like parks and shopping districts. All can increase the value of your home to a buyer.

3. Your neighbors
Although a home the same size and age recently sold for a high price, your own place might not fetch the exact same fortune if, say, junky cars continue to proliferate in your neighbor’s driveway. On the flipside, if the grass is in fact greener on the other side of the fence, your home’s value may be higher due to your neighbors’ curb appeal.

4. The Goldilocks price
Listing your home at a price that’s “just right” from the start is critical to selling it quickly, for the best price. Overpricing your home, and then dropping the price a few times while it sits on the market, could lead to a lower final sales price than if the home was priced appropriately from the beginning. And, of course, setting a price that’s too low leaves money on the table.

Wondering how much your home might be worth in today’s market? Find a local RE/MAX agent who can explain how these and other considerations could factor into a pricing strategy for your home.