Selling A House Without a Realtor In Arizona

In Arizona, selling a house without a realtor can save you anywhere from 2.4% to 5.8% in commissions. While 33% of new home buyers use realtors when selling their homes, according to NAR, it is one of those things that not many people realize they can do themselves.

If you decide to sell your home on your own, do note that it is going to take a little bit of work. However, you’ll also be happy saving that 6% that you would have handed over to the realtor in the other case.

Continue reading to find out more about how to sell your house without the use of a realtor in Arizona.

 

Top Benefits of Selling Your Home FSBO (For Sale By Owner)

 

While putting your own home on the market might seem like an arduous task, there are plenty of benefits to doing so that you can hopefully use to keep yourself motivated throughout the process.

For starters, homes that are sold by their respective owners tend to sell faster than those on the market through a realtor.

Secondly, when you are in charge of the sale of your home, you have complete control over the open houses, the price, and the knowledge of your neighborhood and community that a real estate agent might not have. Plus, you aren’t dealing with tons of clients at one time, meaning you can focus on your house only.

Of course, as we mentioned in the beginning, you could end up saving up to 6% on commissions as well.

 

How To Sell Your Home Without A Realtor

 

Clean The Space

 

We’re not just talking about a quick tidy-up job. When we say clean, we mean declutter your rooms, finish any unfinished projects, repaint the walls, remove personal items, and fix anything that is broken.

 

Come Up With Your Asking Price

 

You want to make sure that the price you are asking for is fair. Hiring a realtor might be beneficial when it comes to picking a price, as they might have a better understanding of the market value and the surrounding neighborhood. Consider hiring them only for pricing and evaluation services.

 

List With Strong Details

 

Include as many details as you possibly can with your listing. Make sure to highlight the best features and be certain that your photos are clear and professional. You might want to consider hiring a professional photographer.

 

Advertise the Sale

 

In modern times, we have a wide variety of social media platforms and websites to list homes. Make sure that you are taking advantage of every classifieds website, realtor website, and social media platform that you can. You may even want to consider using MLS. 

If you want to throw in some old-fashioned flair, host an open house!

 

Negotiate Your Offers

 

Don’t jump the gun on the first offer you get. You will need to be in direct contact with the buyer since you are selling the home yourself. If you’re new to the game, you may want to hire a lawyer for the contractual portion of the deal.

Expect there to be some back and forth until you reach an agreement from both parties.

 

FSBO – It’s Not As Crazy As It Seems

While selling a home without a realtor can present some challenges, it is not impossible by any means. By putting in a bit more work, you can keep more money in your pocket at the end of the day.

Make sure to check out the rest of our blog here at National Cash Offer for more helpful home selling tips.

The post Selling A House Without a Realtor In Arizona appeared first on National Cash Offer.

source https://nationalcashoffer.com/selling-a-house-without-a-realtor-in-arizona/

What To Do When You’re Home Just Won’t Sell

New sellers always tell us how surprising it is when they find out how difficult it to sell a home quickly compared to buying a home for cheap. So many people deal with the fact that they are stuck with a property that just won’t sell.

The frustration is something we can all share. The feeling can be quite helpless or discouraging when you are stuck with a home that no one seems to want to buy, especially when you have poured a lot of time and money into that home.

 

So What Do You Do?

 

When you have a home that no one wants to buy, you have to understand why. In most cases, there is at least one of two things that are going on.

 

 Buyers Don’t Agree With the Asking Price

 

While buyers might not agree with your asking price, this does not necessarily mean that your asking price is wrong. In fact, it might mean that your home IS worth as much as you are asking, though you have simply failed to communicate the value to your potential buyers in a way that they are willing to accept that.

In many cases, the photos for your home aren’t very good or you haven’t provided enough information. You have to remember how important it is to convey to potential buyers WHY your property is as valuable as you say. You can use information such as features, comparable, location, and more, to convey that.

The main point is that you haven’t helped your potential buyers to connect the dots as to why your home is worth what you are asking. Decide if you are asking too much or if you haven’t provided enough information.

 

Your Promotion Hasn’t Reached the Right Buyers

 

Sometimes, the fact that you can’t sell your home comes down to the lack of promotion. You may have given all of the right information in your listing and clearly communicated the value of your home, though the funnels that you are putting that information through don’t have the right reach or a loud enough calling.

If your listing isn’t making it in front of the right people, it doesn’t really matter how great the listing is. You must first figure out how to get your listing in front of the right buyers. We can’t stress the importance enough of getting your property listing in front of the right eyeballs.

 

A Few Selling Remedies

With those two things in mind, here are a few ideas that you may consider when you feel as if all hope is lost:

 

• Create A Pro Listing with Quality Photos and a Detailed Description
• Promote Your Listing In As Many Places as Possible
• Be More Frequent With Your Listings
• Offer Seller Financing
• Offer a Warranty
• Make Property Improvements
• Ask Why Buyers Aren’t Biting
• Build a List of Buyers
• Lower The Price

 

Who knows? You might need to reassess everything when trying to sell a home that isn’t selling. Be flexible and don’t rush the process.

The post What To Do When You’re Home Just Won’t Sell appeared first on National Cash Offer.

source https://nationalcashoffer.com/what-to-do-when-youre-home-just-wont-sell/

Top 5 Tips For Selling Your Home Without a Real Estate Agent

Have you been considering selling your home without the help of a qualified real estate agent?

Getting rid of a realtor can help you save upwards of 6% on commissions. If you sell your home for $300,00, for example, a real estate agent would likely take around $18,000.

Plus, according to the National Association of Realtors, houses with the “for sale by owner” label tend to sell much quicker compared to those with real estate agents attached to them.

Let’s take a look at 5 tips that you should keep in mind if you ultimately decide to sell your home without an agent.

 

Be Realistic With Your Price

 

One of the biggest mistakes that you can make when selling a home is thinking that it is worth more than it actually is. You must put your emotions aside and sell your home based on the data you see.

You can choose to use tools like Zillow’s Zestimate, an online price calculator, to give yourself a good estimation of your home’s value based on a few objective factors, including the number of bedrooms and bathrooms, the square footage, the location, etc.

 

Advertise

 

In the ancient days of real estate, all you needed to do to sell your home was to hammer a giant sign in the front yard labeling it for sale. However, there are a few more options in today’s climate.

Most homebuyers search for homes online. The benefit of having an agent is that he or she will list it on their website, as well as other websites like Zillow or Trulia.

If you are planning on doing this yourself, you may want to consider using a Multiple Listing Service so that you can promote your home on sites like FSBO, EntryOnly, and Owners.

Write a Detailed Description

 

When you list your home, make sure to include interior and exterior photos. You will also want to make sure that you either take professional photos yourself or hire someone to do it for you.

Your listing should include necessary information, such as the price, the age of the home, the location, the amenities, and more.

Make sure to highlight any improvements that you have made as well.

 

Have Patience

 

If your first open house doesn’t lead to any offers, do not be discouraged. Check your asking price and see if you’re being honest with yourself. Make sure you are listed in as many places as possible. Revisit your description to make sure that all of the right information is there.

Consider Limited Services

 

Many people don’t realize that many agents offer limited services. You might want to have an agent go over your purchase contract for you or give you a market analysis. Some will even help you negotiate any sales details.

Of course, you will have to spend some money to do this, but it’s far less than the commission.

 

When all is said and done, there is always the option of selling to National Cash Offer. We make the buying process easy and can help you sell your home in as little as two weeks!

The post Top 5 Tips For Selling Your Home Without a Real Estate Agent appeared first on National Cash Offer.

source https://nationalcashoffer.com/top-5-tips-for-selling-your-home-without-a-real-estate-agent/

Do I Need a Pre-Listing Home Inspection?

There is no doubt that the average home-seller has a stacked to-do list. When it comes to pre-listing home inspections, they typically don’t sit on the prioritized end of that list.

While pre-listing home inspections aren’t necessarily required, getting one done provides a few nice benefits that might make it worth the extra time and energy. Here are the top things that you need to know about pre-listing home inspections prior to putting your house on the market.

 

What Is A Pre-Listing Home Inspection?

 

Pre-Listing Home Inspections are very similar to traditional home inspections that buyers would get while in the process of purchasing a home. The main difference between the two inspections is timing. Pre-listing home inspections happen before the home goes on the market.

Home sellers do these to escape having to deal with nasty surprises that pop up during the regular home inspection.

 

Pre-listing home inspections attack many similar areas, including the roof, the windows, the foundation, and other major areas. Pre-listing home inspections also allows for additional things like lead paint, water testing, and radon. They typically cost anywhere from $300 to $700 depending on where you live.

 

Know The Value of Your Home

 

Plenty of home-sellers have home inspections to determine what kinds of repairs they will have to do before selling. The last thing that a seller wants is to be surprised by some part of the house that is in lousy condition after the buyer’s inspector comes in.

With a pre-listing inspection, you can make all of the required repairs or price your home according to the repairs that it will need.

 

Not Rushing the Repair Process

 

If you are planning on getting some repairs done, it can be nice to know what you need way before a buyer ever comes to check out the house. When you know what you need to do prior to listing, you can take the time to get that work done in YOUR free time.

If the standard inspection uncovers some necessary repairs, you’ll have to do it on the buyer’s time, which isn’t possible for everyone.

With a pre-listing inspection, you’ll also have the ability to prioritize certain repairs and improvements, such as the foundation, roof, or HVAC. These kinds of repairs tend to be make-or-break repairs for buyers, so it’s good to get them done fast.

 

Gain Power Over Your Sale

 

Having a pre-listing home inspection lays everything out on the line. Having all of this information upfront when you speak to the buyer removes the need for negotiation. Essentially, there won’t be any surprises when the buyer gets his or her inspection.

Beyond that, you get a much stronger position in the negotiation. You can use the inspection as a selling point too.

 

Of course, there is always the option of skipping the pre-listing home inspection altogether and selling to a company like National Cash Offer.

 

National Cash Offer will purchase your home without the needs for repairs or renovations. Give us a call and get an offer in as little as one week.

The post Do I Need a Pre-Listing Home Inspection? appeared first on National Cash Offer.

source https://nationalcashoffer.com/do-i-need-a-pre-listing-home-inspection/

Selling a House as a Smoker – Top 3 Tips

If you own a home and smoke tobacco, or if you live with someone who smokes tobacco, the potential of selling the home can fall flat if the smell lingers. As many of us know, the smell of cigarette smoke can be near-impossible to get rid of. Unfortunately, it can be a major deal-breaker for those looking to buy.

 

According to Realtor Magazine, studies show that smoking inside the home can cut into the resale value by nearly 29%. Chemical compounds released through cigarette smoke can stick to the walls and other hard surfaces. The odor that comes with it can last for weeks and months. Sometimes the elbow-grease in a deep-cleaning spree isn’t enough.

 

However, there are a few things you could try if you are in the process of selling a smoker home.

 

Remove Smoke Residue

 

A majority of smokers might tell you that they don’t notice the smokey smell in their homes, which is likely because they are always there and have become used to it. However, smokey odors are one of the most off-putting scents for buyers.

According to an article from Healthline, cigarettes can release tars and toxic gases into the air, which contaminate both hard and soft surfaces. Even dust absorbs the smokey scent!

To remove this smokey smell, you may have to rip out carpets, flooring, and drywall. Some suggest painting any smelly surfaces with sealing primer.

 

Deep-Cleaning Hard Surfaces

 

Before tackling the cleaning process, turn on fans and open some windows to get some air circulation going. Once your airflow is in check, you can wipe down the various hard surfaces within the house.

One of the best ways to clean hard surfaces, according to Rainbow International, is a mixture of white vinegar and water. Use this solution to clean ceilings, walls, floors, doors, countertops, windows, frames, handles, knobs, fan blades, lighting fixtures, furniture, and appliances.

 

Wash Your Soft Materials

 

Once you have scrubbed your hard surfaces away, sprinkle baking soda onto your soft materials, such as rugs, upholstery, carps, and other types of soft fabric that you can’t put into the washing machine. The baking soda should sit on the soft materials for a few days to absorb the odors.

Once those few days have passed, you can vacuum up the baking soda to get rid of it. After that, get yourself a steam cleaner and clean the carpets. The majority of steam cleaners out there have specific attachments for upholstery, allowing you to clean your furniture as well.

Make sure to attack your draperies and curtains. Strip the sheets and blankets from your beds and remove washable upholstery covers. Give all of these materials a go in the washing machine with half a cup of vinegar in place of your typical detergent. Once the items are done in the wash, allow them to air dry.

 

So yes, as you can see, getting rid of the smoke smell in a home can be difficult. Rather than dealing with the time and energy to clean your home or scaring away potential buyers, sell your home to National Cash Offer!

The post Selling a House as a Smoker – Top 3 Tips appeared first on National Cash Offer.

source https://nationalcashoffer.com/selling-a-house-as-a-smoker-top-3-tips/

Do Open Houses Still Work In 2020?

For many years, open houses have been the primary marketing tool in the toolbelts of both homeowners and real estate agents looking to bring in as many potential buyers as possible. Of course, as we know, sellers are relying on the Internet more and more these days to sell their homes, which begs the question,

 

Are open houses effective anymore?

 

The National Association of Realtors and Investopedia says that only 3% of homebuyers take the time to go to open houses. If you have a ton of foot traffic in your area, you might be in luck. For others, however, open houses aren’t in favor of sellers.

 

A look at modern surveys and studies shows that the largest generation of homebuyers today is millennials and Gen Xer’s. These major groups grew up with technology, which is the reason why the Internet is their primary source for homebuying.

 

How the Internet Has Changed the Real Estate Landscape

 

This is one of those questions that we could likely write a book about, though we’ll try to summarize as best as possible. For starters, let’s consider the fact that nine in ten Americans use the Internet, according to the Pew Research Center.

 

Beyond that, close to 50% of the American population are tablet owners, about 75% have laptops, and more than 80% have smartphones. So yes, American society is plugged into the system, changing how they conduct business and research (aka buying homes).

 

The National Association of Realtors states that 50% of home buyers find the homes they are looking for online. Buyers have the option to search for homes next to the ideal school district, within proximity to entertainment and shopping, or inside certain neighborhoods.

 

Not only does this save home buyers tons of time, but it also saves them tons of money. Plus, there are about a thousand real estate websites out there with easy research functions and interior/exterior visual content.

 

The Downsides Of Open Houses

 

Open houses can pose potential problems for the seller. For starters, a seller needs to store away also personal items before showing a home and make sure that the house is completely spotless. There are plenty of considerations to make when trying to find the right day for an open house too.

 

Of course, you cannot be present during an open house, meaning you must find the right time where you can be away for a few hours. That time must also be when prospective buyers can come to your house and check it out.

 

Without the knowledge of prospective buyers’ schedules, this can be quite difficult. If your home takes a while to sell, you could have to deal with this hold on your personal life for many months.

 

You’ll also have to deal with visitors who are just there to poke around without the intention of buying, such as curious neighbors, other real estate agents, or buyers who are just scoping the market.

 

In all, open houses are much better for agents more than anyone else. During open houses, agents have the ability to build their network by making new contacts.

 

To answer the question of how effective open houses are, we would say not very effective. 

 

If you are looking to sell your home quickly without all of the stress of an open house, make sure to get in contact with us here at National Cash Offer.

The post Do Open Houses Still Work In 2020? appeared first on National Cash Offer.

source https://nationalcashoffer.com/do-open-houses-still-work-in-2020/

Top 3 Staging Mistakes Home Sellers Make

When it comes to selling a home successfully, there are two key factors to take into consideration:

• Price
• Presentation

Sellers or real estate agents often hire professional stagers to optimize the influence they have on the buyer’s perception of the property. Of course, a well-staged home can improve the selling price as well.

However, the relationship between seller/agent and stager can go terribly wrong and discourage the sale too. Here are the top three staging mistakes that we often see in the selling world.

 

Choosing A Stager Based On Price

 

When it comes to a serious investment like selling a home, price should never be the sole determining factor. Select a stager that offers the cheapest services and you might just end up sabotaging your own sale. In the long run, this could cost you some seriously lost equity that could have been made up for by spending a bit more initially.

The skills, resources, and experience of a stager are far more important than the price. Typically, the price equates to the quality of service they can provide. While you should certainly consider cost, you must also consider the expertise, professionalism, and portfolio of your stager.

 

Using Amateur Photography

 

While the latest smartphone camera technology may be impressive, it still doesn’t match up to the quality that comes from a professional camera in the right hands. When it comes to intaking home information, people are highly visual creatures.

Buyers often gravitate towards sharp and professional photography that highlights all of the best features of a home. As a seller, you must either find a way to take these professional photos yourself or hire someone who knows what they are doing to help optimize your listing.

 

Disrupting The Stage

 

So you’ve spent the money to have your home staged in a professional manner. The last thing that you want to do is go in and start moving things around. It is key that a home remains in the same condition once the property has been put up on the market.

Many professional stagers have contract clauses that prevent clients from moving or altering items within the staging. Not only could this deter buyers from making offers on your home, it could also create a bad reputation for the stager.

If you spend the money to hire someone who is a professional in the staging field, it is important that you trust their instincts and experience.

 

Bottom Line

 

The majority of buyers will consider quality over price. The presentation and marketability of a home are two very important elements that cannot be overlooked if you are trying to optimize your sale.

Make sure to avoid these common staging mistakes and make sure your real estate agent does the same. When you invest in a professional, trust that professional to do their job and you’ll surely bring greater value to your listing.

If you have any further questions about home staging or selling, make sure to get in contact with us here at National Cash Offer.

The post Top 3 Staging Mistakes Home Sellers Make appeared first on National Cash Offer.

source https://nationalcashoffer.com/top-3-staging-mistakes-home-sellers-make/

How To Stage Your Home For Selling

Home staging is one of the most important elements for selling a home on the modern market. here is plenty of competition out there and homes with excellent staging tend to leave lasting impressions in the minds of buyers. Plus, they end up selling far quicker and for more money.

The most critical moment during the buying process is the first time the buyer approaches the home from the street. A home that is in less-than-ideal condition will suffer more when offer time rolls around. Though the real estate market favors sellers, buyers aren’t too forgiving when it comes to a home’s appearance. Buyers will pass more often than not if a home looks like it has been neglected.

Buyers are looking for turn-key homes. If you don’t have that, they have other options. This is precisely why the home staging process is one of the keys to a successful real estate transaction.

Before we dive into our staging tips, we want to make one thing clear.

The term “staging” can be quite confusing for some. Staging doesn’t mean going out and purchase a boatload of new, fancy furniture and adorning your home with it. While vacant homes may do this to give buyers an idea of how a living home could look, the idea of staging your own personal property simply means making it look its best.

Also, keep in mind that staging isn’t required for every home. There are plenty of homeowners who put tons of time and effort into staging without considering other important elements of the sale, including pricing or real estate agent selection.

However, if you need a few ways to stage your home the best you can, follow these tips:

 

Interior Home Staging Tips

 

• Get rid of unnecessary possessions and remove them from your home. The key here is to make your home feel as large and uncluttered as you possibly can. Get rid of old furniture and put knick-knacks in boxes to maximize the presentation of your home.
• Make sure the bathrooms and kitchens are spotless.
• Spruce up the closets and make them look as large and organized as possible.
• Clean your windows and let in the light. Buyers tend to gravitate towards homes with natural light while shying away from those that feel dark.
• Touch up the paint. Make sure to look at high-traffic areas in your home and work on any spots where scuff marks are visible. While you’re at it, consider using bleach to get rid of nasty looking stains.

 

Exterior Home Staging Tips

 

• Sweep the driveway and get rid of any weeds or dirt. Make sure to remove debris, such as leaves, branches, or tree limbs.
• Trim the bushes up and add a fresh coat of mulch to provide your landscaping with an edge. You could even consider planting some flowers to increase curb appeal.
• Replace any rotted trim boards. This is a very common inspection item so it’s best to get it taken care of right away.
• Clean out your gutters. There is nothing worse than seeing a home with leaves and mud stuck in the gutters.
• Put a fresh coat of paint on the front door and remove any surrounding cobwebs. The entryway should look magnificent!

The post How To Stage Your Home For Selling appeared first on National Cash Offer.

source https://nationalcashoffer.com/how-to-stage-your-home-for-selling/

How To Sell Your Home Quickly

Are you motivated to sell your home NOW? 

If so, there are a few moves that you can make to increase the chances of selling your home quickly. However, do keep in mind that once you get the perfect offer, the closing time will likely take anywhere from 30 to 40 days.

Of course, that rests on the selling process going smoothly too. When it comes to financing, plenty of initial offers tend to fall through. Doing these things will help you to locate the perfect buyer much faster.

 

Do All Of The Necessary Repairs

 

There is no question that homebuyers love the idea of personalizing the spaces that they buy. However, most people don’t want to purchase homes that are in need of serious repairs. If you want to sell your home quickly, you need to invest your own time and money into getting major repairs done, including updating your old water heater, fixing up your old roof, or swapping out old and antiquated appliances for new ones.

Having these things in 0rder creates a bigger draw for buyers. Yes, you might have to consider the money you have set aside in your bank account for these types of repairs, but it is worth considering if your goal is expediency.

 

Price your Home Under Market Value

 

The bottom line is that pricing your home under market value helps to generate offers faster. However, you must be careful not to price your home too low, as you may scare off potential buyers who are afraid that the low price might be too good to be true.

Many people assumed that extremely low-priced homes have something wrong with them. Even if you know your home is in good condition, you need to showcase that to buyers with a good price that isn’t unusual.

 

Consider Additional Deals

 

When buyers feel like they are reaping tons of value for the money they put down, they are more likely to act on their interest. You might want to consider tossing in some additional items for your buyers, such as an allowance for new flooring or a hot tub.

If you can provide your potential buyers with things beyond the scope of the home, they will be more likely to agree to the deal.

 

It is worth noting that these suggestions will cost you. The amount that you choose to spend will depend on how long you want to wait to sell your home and how much you are willing to spend for sheer efficiency.

Of course, there aren’t the only ways to sell your home quickly. In fact, many sellers are turning to companies like National Cash Offer to get rid of their unwanted homes.

Here at National Cash Offer, we buy homes in their current condition and provide fair and fast cash offers to our customers. The process is as easy as making an agreement and signing a deal.

If you’re looking to get rid of your home fast, make sure to give us a call.

The post How To Sell Your Home Quickly appeared first on National Cash Offer.

source https://nationalcashoffer.com/how-to-sell-your-home-quickly/

Three Powerful Ways To Use Social Media To Sell Your Home

Are you finding it a struggle to sell your home?

You might have a few solutions waiting for you on your favorite social media platform! There are plenty of things you can do to market your home online. Today, we are going to break down a few powerful ways to use social media to sell your home.

 

Create a Real Estate Farming Facebook Page

 

One great technique for Facebook is to get people to like a Facebook page that is dedicated to selling homes in a specific area. This technique is known as real estate farming.

These Facebook pages are designed to get likes by those interested in owning property in a specific area.

Modern Homes San Diego is a wonderful example of this technique. To utilize what they have done on that page, make sure to create a Facebook page that showcases some of the best listings near your location. Make sure to use a social media schedule to post daily.

Once you gain significant traffic, post a link or two to listings that you have to promote. We recommend linking your blog content to these pages if you have some.

 

Utilize Pinterest Local Groups

 

One MASSIVE opportunity for realtors is Pinterest. 

Pinterest drives thousands of visitors to real estate websites every single day. The key to marketing your properties on Pinterest is to create local boards. You want to get as many people as possible to follow that board too. We recommend creating a board and inviting others to become ‘collaborators’ on it.

Using this method, you can get people to help you add pins to the board. In doing so, you can build a digital community of people around you that you would love to sell properties to in the future.

Once you have a listing, pin some professional photos to your board with outbound links to your listing. It’s an excellent way to get users in your area to see photos of your listings.

Check out this Dallas Homes Pinterest page for some inspiration.

 

Create YouTube Video Tours

 

One of the best ways to present properties to people buying online is through YouTube video tours. Even if you’re not a video guru, you can use free video creators, such as Magisto, to mix together short clips and make your videos more interesting.

Of course, you’ll want to get some views on this video too. To do so, you’ll need to market it.

Here are a few channels that you can use to market your YouTube video tour:

• Facebook Pages
• Email Blasts to Friends, Family, and Clients
• LinkedIn Posts
• Twitter
• Your Personal Blog

Once your video has more than 100 views, it will begin showing up in Google searches, which will, in turn, help with your marketing. Make sure to include calls to action in your videos to get buyers to your website too!

Using social media to sell your home in 2020 is a must. Make sure to get in touch with us here at National Cash Offer with any questions you may have!

 

 

The post Three Powerful Ways To Use Social Media To Sell Your Home appeared first on National Cash Offer.

source https://nationalcashoffer.com/three-powerful-ways-to-use-social-media-to-sell-your-home/

Can Floor Plans Help Your Home Sell Quicker?

There are plenty of reasons why including floor plans in your listing is smart. The top reason is quite simple:

Having a good description and some pro photos simply is not enough anymore.

Homebuyers are in search of the fastest and most effective ways to purchase homes, all while getting the best results. If other property listings come with property layouts online or in printed catalogs, ones that don’t come with additional uncertainty. A client might feel difficulty in the decision-making process.

 

Use a Floor Plan To Make Your Listing Stand Out

 

Whether you are a photographer or a real estate agent, a floor plan is a wonderful marketing tool that can help a listing to stand out compared to other property listings from competitors.

How so, you ask?

Take a moment and imagine you are gearing up to buy a new home. What are the things that you are going to want to pay attention to? You might want to see how big the space is to get a better idea of whether it will be comfortable for your family. You might want to see how rooms communicate with one another to get a better idea of the space’s usability.

At this point, pictures simply won’t do the job. How many listings have you seen where the pictures make the home look massive, yet when you visit, it is much smaller than you anticipated?

Your clients are just like you in that regard. They want a good idea of the structure of their future home before they come and visit. Not only does having a floor plan make a photographer’s job much easier, but it also helps improve a listing overall.

In fact, “Adding a floor plan to a real estate listing can increase click-throughs from buyers by 52%“

 

 

Understand the Needs of Your Clients

 

Start by thinking about situations where your buyers are not residents in the area, yet they are looking for homes in the area. While professional images are wonderful assets to have for your listing, you also want to consider real estate floor plans to save buyers some thinking time.

Having this type of insight is beneficial for both the buyer and the agent. You offer the buyer all of the necessary visual information they might need prior to arranging visits. Once you have provided that necessary visual information, the buyer will better understand whether the layout works for them right off the bat before they ever waste your time.

A buyer might also have multiple home visits in one day and they may forget about the distinctions between the homes they are visiting. A floor plan is something that inserts itself into memory. Your buyer now has an emotional connection with the property before ever seeing it, as they can imagine themselves living in it.

There are plenty of apps out there for making floor plans, including those from Zillow and CubiCasa. If you’re looking for other tips and tricks to sell your home quickly, make sure to get in touch with us here at National Cash Offer.

The post Can Floor Plans Help Your Home Sell Quicker? appeared first on National Cash Offer.

source https://nationalcashoffer.com/can-floor-plans-help-your-home-sell-quicker/

Can Floor Plans Help Your Home Sell Quicker?

There are plenty of reasons why including floor plans in your listing is smart. The top reason is quite simple:

Having a good description and some pro photos simply is not enough anymore.

Homebuyers are in search of the fastest and most effective ways to purchase homes, all while getting the best results. If other property listings come with property layouts online or in printed catalogs, ones that don’t come with additional uncertainty. A client might feel difficulty in the decision-making process.

 

Use a Floor Plan To Make Your Listing Stand Out

 

Whether you are a photographer or a real estate agent, a floor plan is a wonderful marketing tool that can help a listing to stand out compared to other property listings from competitors.

How so, you ask?

Take a moment and imagine you are gearing up to buy a new home. What are the things that you are going to want to pay attention to? You might want to see how big the space is to get a better idea of whether it will be comfortable for your family. You might want to see how rooms communicate with one another to get a better idea of the space’s usability.

At this point, pictures simply won’t do the job. How many listings have you seen where the pictures make the home look massive, yet when you visit, it is much smaller than you anticipated?

Your clients are just like you in that regard. They want a good idea of the structure of their future home before they come and visit. Not only does having a floor plan make a photographer’s job much easier, but it also helps improve a listing overall.

In fact, “Adding a floor plan to a real estate listing can increase click-throughs from buyers by 52%“

 

 

Understand the Needs of Your Clients

 

Start by thinking about situations where your buyers are not residents in the area, yet they are looking for homes in the area. While professional images are wonderful assets to have for your listing, you also want to consider real estate floor plans to save buyers some thinking time.

Having this type of insight is beneficial for both the buyer and the agent. You offer the buyer all of the necessary visual information they might need prior to arranging visits. Once you have provided that necessary visual information, the buyer will better understand whether the layout works for them right off the bat before they ever waste your time.

A buyer might also have multiple home visits in one day and they may forget about the distinctions between the homes they are visiting. A floor plan is something that inserts itself into memory. Your buyer now has an emotional connection with the property before ever seeing it, as they can imagine themselves living in it.

There are plenty of apps out there for making floor plans, including those from Zillow and CubiCasa. If you’re looking for other tips and tricks to sell your home quickly, make sure to get in touch with us here at National Cash Offer.

The post Can Floor Plans Help Your Home Sell Quicker? appeared first on National Cash Offer.

source https://nationalcashoffer.com/can-floor-plans-help-your-home-sell-quicker/

Can Floor Plans Help Your Home Sell Quicker?

There are plenty of reasons why including floor plans in your listing is smart. The top reason is quite simple:

Having a good description and some pro photos simply is not enough anymore.

Homebuyers are in search of the fastest and most effective ways to purchase homes, all while getting the best results. If other property listings come with property layouts online or in printed catalogs, ones that don’t come with additional uncertainty. A client might feel difficulty in the decision-making process.

 

Use a Floor Plan To Make Your Listing Stand Out

 

Whether you are a photographer or a real estate agent, a floor plan is a wonderful marketing tool that can help a listing to stand out compared to other property listings from competitors.

How so, you ask?

Take a moment and imagine you are gearing up to buy a new home. What are the things that you are going to want to pay attention to? You might want to see how big the space is to get a better idea of whether it will be comfortable for your family. You might want to see how rooms communicate with one another to get a better idea of the space’s usability.

At this point, pictures simply won’t do the job. How many listings have you seen where the pictures make the home look massive, yet when you visit, it is much smaller than you anticipated?

Your clients are just like you in that regard. They want a good idea of the structure of their future home before they come and visit. Not only does having a floor plan make a photographer’s job much easier, but it also helps improve a listing overall.

In fact, “Adding a floor plan to a real estate listing can increase click-throughs from buyers by 52%“

 

 

Understand the Needs of Your Clients

 

Start by thinking about situations where your buyers are not residents in the area, yet they are looking for homes in the area. While professional images are wonderful assets to have for your listing, you also want to consider real estate floor plans to save buyers some thinking time.

Having this type of insight is beneficial for both the buyer and the agent. You offer the buyer all of the necessary visual information they might need prior to arranging visits. Once you have provided that necessary visual information, the buyer will better understand whether the layout works for them right off the bat before they ever waste your time.

A buyer might also have multiple home visits in one day and they may forget about the distinctions between the homes they are visiting. A floor plan is something that inserts itself into memory. Your buyer now has an emotional connection with the property before ever seeing it, as they can imagine themselves living in it.

There are plenty of apps out there for making floor plans, including those from Zillow and CubiCasa. If you’re looking for other tips and tricks to sell your home quickly, make sure to get in touch with us here at National Cash Offer.

The post Can Floor Plans Help Your Home Sell Quicker? appeared first on National Cash Offer.

source https://nationalcashoffer.com/can-floor-plans-help-your-home-sell-quicker/

Why Sell Your Home Online?

If you’re looking for a streamlined and high-tech way to get your home in front of a massive pool of potential buyers who are actively looking for their dream home, you might want to consider selling your home online.

Whether your potential buyers are investors or traditional buyers, selling online will help y0u sell much faster.

The Zillow Group Report found that 79% of traditional home buyers shop online. It is extremely important that you list your home on the local MLS, as well as sites similar to Trulia and Zillow, if you want to increase the chances of selling your home quickly. Of course, you will still be responsible for all of the traditional tasks of selling, though having an agent help you sell on MLS will create more exposure for your listing.

Technology in real estate transactions isn’t limited to buyers. In fact, more than 50% of sellers utilize home-selling sites and apps too. Selling online might make even more sense if you are courting a cash buyer. iBuyers and investors operate online with near exclusivity. When you have an online presence, you attract these cash buyers in local areas and around the country.

 

Is Selling Your Home Online Difficult?

 

Not at all! In fact, the process of selling a home might be more difficult if you don’t go online at all. Four out of five buyers shop online these days. Of course, how challenging the process will completely depend on how much patience you have, the route you decide to take, your technical chops, and your financial goals.

It may be easier to simply accept a cash offer, as the process is very simple and straightforward.

Waiting for a traditional buyer, negotiating, going under contract, and waiting around for closing, can be a long and arduous process. If we look at stats from 2018, we can see that the typical home in the United States spent anywhere from 65 to 93 days on the market before it sold. If you combine those stats with the seven months average that many sellers contemplating their listing before taking action, the process of selling a home often lasts a year or more.

Rather, you could make your life so much easier by selling your house through a service like National Cash Offer. If you have an eligible home, you will receive a no-obligation cash offer quickly. Once you accept the offer, the closing can come within as little as a few weeks.

 

Planning On Selling Your Home Online?

 

If you are planning on selling your home online, you’ll want to make sure of a few things:

• Make sure all of the information on your listing is 100% accurate and that all of the best features of your home are highlighted using quality photography.
• Be flexible with your showings.
• Share your listing within your own network.

 

If you have any further questions about selling your home online, make sure to get in contact with us here at National Cash Offer. We look forward to taking you closer to your financial goals.

The post Why Sell Your Home Online? appeared first on National Cash Offer.

source https://nationalcashoffer.com/why-sell-your-home-online/

The Importance Of Using a Professional Photographer When Selling a Home

A picture is worth a thousand words.

You’ve probably heard that saying time and time again. In real estate, a great photo could be the difference between selling a home immediately and letting it collect dust on the market for months. The importance of using a professional real estate photographer when selling a home is undeniable, as more and more buyers are looking at photos of homes from the comfort of their own homes to decide whether or not they are interested.

Buyers will filter through various home sites looking for characteristics based on prices, location, school districts, square footage, and more. However, once they have narrowed down a few homes they like, they will begin flipping through the photos that those homes have to offer.

The last thing you want is to lose your home to someone else simply because they had better photos than you. 

 

Photos Will Pique Buyer Interest

 

More often than not, the photos on your listing are going to pique your buyer’s interest more than anything else. You want to work with your real estate agent to find a professional photographer to get work done prior to putting your home on the market.

Homes with more photos tend to sell faster than others. This fact makes sense, as buyers conduct more research prior to buying a home than ever before. The more photos your buyer has time to look at before making their decision, the better chance you have of getting your home sold.

In a 2017 study by the National Association of Realtors, homes with one photo spent around 70 days on the market. Homes with 20 or more photos spent around 30 days on the market. Professional photographs can sell a home quickly and get you a much better deal.

That same study showed that homes set between the $200,000 and $1 million range could sell for $3,000 to $11,000 more with high-quality photos attached.

The keyword here is professional photography. You must have high-quality photos, not just a bunch of regular photos. Before they actually step foot on your property, the first impression that a buyer will have of your home is the photography. 89% of buyers who utilize the Internet in their home searches find photos to be one of the most useful tools. A great agent should be able to refer you to photographers that specialize in real estate.

 

The Future of Real Estate Photography

 

As we move deeper and deeper into the future, visual tools and online platforms will become more and more robust. This additional robustness will allow home buyers to receive better insight into a home before they ever link up with a seller or agent. 3D virtual home tours are certainly next in line with the popularity of standard, high-quality photography, though we are sure that it will eventually become the standard for home sellers everywhere.

If you have any other questions regarding real estate photography, or questions regarding tips and techniques to get more from your home selling process, make sure to get in contact with us here at National Cash Offer.

The post The Importance Of Using a Professional Photographer When Selling a Home appeared first on National Cash Offer.

source https://nationalcashoffer.com/the-importance-of-using-a-professional-photographer-when-selling-a-home/

How Seasonality Can Affect Home Selling

Finding the best time to sell your home can help you maximize the price and take some of the stress out of the home-selling process. What many people don’t realize is that seasonality can affect greatly home selling.

Here is what you should know for selling your home during a given season.

 

Selling Your Home In the Spring

 

People tend to go out shopping for homes as the weather gets warmer. If you want to take advantage of the most popular selling season, you’ll want to begin prepping in the winter.

Spring is one of the most popular times to sell a home for a few reasons:

• People have tax refunds in their pockets that they are ready to use
• Summer break is coming up and kids er almost out of school
• Nice weather is in the cards for the moving date

Typically, these buyers are families with children. They want to get in on the market before they have to deal with canceling summer events or vacations.

 

Selling Your Home In the Summer

 

Several reasons why you would sell your home in the spring are the same several reasons why you would sell your home in the summer, including school breaks, warm weather, and more hours to shop for a home.

Summer is also a time that people like to go on vacation, which could account for a slowdown in sales. There are also parts of the United States where real estate gets quite slow in the summer, as it becomes too hot for people to search comfortably. Some of the biggest real estate markets in the United States, including Las Vegas, Houston, Dallas, Charlotte, Tampa, and Miami, all have a late prime selling window of early July.

 

Selling Your Home In the Fall

 

The housing inventory is always much lower in the fall than it is with spring and summer, as people tend to be settled in by then. However, shoppers in fall are very serious, as they are likely moving due to a change in family situation or job relocation. This means that they are more eager to close deals.

If you have a hot real estate market, you won’t have to stress about seasonality. You likely won’t be able to sell to families to easily, as most buyers who have kids like to settle into new homes before the school year starts out.

 

Selling Your Home In the Winter

 

Winter is typically the slowest season for home-selling. However, if you live in an area that is pretty warm throughout the year, such as Florida or the Southwest, you may not have to worry about the winter cold affecting your ability to sell. In fact, your window might end up being a lot larger in the winter months, as many snowbirds flock to the warmer parts of the country.

 

Of course, there are no rules set in stone, as you have to take into account several other factors. However, understanding how seasonality could affect your ability to sell is very helpful in the planning portion of the process.

The post How Seasonality Can Affect Home Selling appeared first on National Cash Offer.

source https://nationalcashoffer.com/how-seasonality-can-affect-home-selling/

Top 3 Things Seller Miss When Prepping Their Home For Sale

You’ve likely heard your real estate agent say it before,

“First impressions are everything.”

So many people believe they know exactly what they need to do to prep their homes for sale, though you might be surprised how many things homeowners end up forgetting.

We’ve talked to plenty of real estate agents who have collectively prepped hundreds of homes for sale to see what tasks homeowners often miss when prepping their home for sale.

 

Focus On the Front Door

 

One of the first things that a buyer will see when he or she walks up is the door or entryway. This is where that first impression comes into play and is especially true for private showings. You want your front door area to be in great condition, as your buyer will notice every little imperfection as the real estate agent opens the door.

Here are a few things to look out for:

• Replace Your Welcome Mat:  Keep the design simple without any phrases that could be deterring.
• Clean Your Mailbox: If you have a dirty mailbox, clean it with soap and a sponge. If it is dirty or rusty, consider purchasing a new mailbox.
• Apply Fresh Front Door Paint:  Some popular choices for new homes include red, black, yellow, and blue.
• Remove Old Screens: To add a feel of modernity to your home, get rid of that old, squeaky storm door.
• Dust Off Cobwebs: Buy yourself and extra-long duster and clean around your sconces.

 

Pressure Wash the Roof

 

The elements can destroy your roof, making it look like it is in far worse condition than it actually is. In rainy climates, dirt and mold can stick to the roof, giving prospective buyers the clue that they’ll likely need to replace it soon, even if it has another decade underneath it.

There are a few reasons buyers often avoid homes with roofs that look damaged:

• Roofing Is Epensive: On average, a new roof will cost you $7,000. No one wants to incur a large cost like that right off the bat.
• Bad Roofing Can Cause Closing Delays:  A home inspection will typically show any roofing damage, which can delay the sale process.

To avoid these issues, hire a professional roofer to clean your roof with the correct products.

 

Depersonalize and Declutter

 

While many sellers tend to do these things around the inside of their homes, they often forget to do it around the outside.

Start by getting rid of anything that is not your landscaping, such as flags, Christmas lights, garden gnomes, signage, etc. This is one of the best ways to increase curb appeal.

Don’t forget the backyard either. Make sure to gather up any storage containers, stray garden tools, wind chimes, bird feeders, or toys from the kids. A clean outdoor area with simple and attractive landscaping will attract more buyers.

Of course, there are plenty of other things you must consider when selling your home. If you have any other questions about the process and what you can do to get the most out of it, make sure to get in contact with us here at National Cash Offer.

The post Top 3 Things Seller Miss When Prepping Their Home For Sale appeared first on National Cash Offer.

source https://nationalcashoffer.com/top-3-things-seller-miss-when-prepping-their-home-for-sale/

Common Repairs To Fix After a Home Inspection

If you are planning on selling your home, you might be interested to know if there are any common repairs you may need to make after a home inspection.

Unless there has been a thorough home inspection, most buyers won’t commit to purchasing a home. Of c0urse, home inspectors know best when it comes to finding and dealing with problems in the home.

If a home inspection turns us home flaws that the buyer wants you to fix, what do you do?

We know that making repair requests after inspections is difficult. They could reduce your profits if your not careful. Before anything, make sure that you take caution when reading through your inspection contract so you don’t end up fixing something you aren’t liable to fix.

 

Repairs Required After A Home Inspection

 

Before a lender will release funds to finance a home purchase, there are a few fixes that you will need to make.

Most of these fixes address things like building code violations, costly structural defects, or other safety issues. Sometimes these issues are present in places like the basement, the attic, chimneys, furnaces, or crawl spaces, which can make them quite a hassle to address.

Inspectors typically check the condition of your septic system as well. They also check for the presence of termites and whether you might have potential radon leaks, as these are things homebuyers tend to ask questions about.

An inspector will likely look at the electrical systems, the roof, the plumbing lines, and the HVAC system.

You will likely be responsible for fixing these things if any problems arise during inspection. To start, you should get a few bids from different contractors to get an idea as to how much the work will cost you.

Once you have done that, you can start fixing these problems or offer your buyers some sort of credit so that they can fix the problems themselves when they move in. In the credit scenario, you won’t have to oversee the process, meaning you can move on from the home once you sell it.

Repairs That Aren’t Required After A Home Inspection

 

Typically, cosmetic issues do not require any repairs. In fact, many inspection contracts specifically state that buyers are not allowed to request cosmetic fixes. In many cases, they can only ask for fixes due to building code violations, structural defects, or safety issues.

Depending on the state you live in, there might be laws in place that impact your liability as a seller for any issues unmasked during an inspection. Your best bet is to become familiar with your local ordinances so that you know which issues fall under your responsibility once they have been found during an inspection.

 

There is no question that home inspections can turn up a number of issues, though on the bright side, most of these issues can be addressed fairly quickly. If you have any other questions regarding repairs post-inspection, make sure to get in touch with us at National Cash Offer!

The post Common Repairs To Fix After a Home Inspection appeared first on National Cash Offer.

source https://nationalcashoffer.com/common-repairs-to-fix-after-a-home-inspection/

How To Price Your Home To Sell

The decision to sell your home is a big one. Finding the right price can be an incredibly difficult decision. Whether you are working on your own or listing with an agent, pricing your house can be a serious hurdle. If the main question you’ve been asking yourself is,

How much should I sell my home for?

then we are here to help.

 

Get An Estimate

 

One of our favorite tools for getting an estimate on your home is Zestimate from Zillow. Zestimate uses data from millions of user-submitted numbers and can be an excellent tool for your research. Simply search for your address on the Zillow website and claim your home. This way you can also point out any false home facts, which might affect the estimate they provide.

Many potential buyers use the Zestimate tool, so making sure all of the information on there is accurate is incredibly important.

 

Do A Comparative Market Analysis (CMA)

 

Real estate agents typically provide clients with CMAs. CMAs are compilations of recent sales within your region. They take many things into account, including the number of days a home spent on the market, any details about that home, and the final sale price.

In the case that you sell your home on your own, you must do a bit of research to figure out the value of your home. Never be afraid to get in contact with real estate agents to request CMAs either. Real estate agents are quite used to providing potential clients with comps. They probably won’t even have to enter your home either. You could also consider hiring an appraiser as well. They can provide you with a fair market value for your home for a few hundred bucks.

If you decide to perform your own comparative analysis, make sure that the properties you are comparing with are:

• Within a 1/2 mile from your home
• Roughly the same age as your home
• Listed within the past few months
• Around the same square footage as yours. We typically recommend looking for square footage within 10% of what your square footage is.

 

Price For Search Ranges Found Online

 

You want to make sure to consider price ranges that are found on popular real estate sites. Most homebuyers have a price range. For example, a buyer might be looking within the $380,000 to $400,000 range. If your home is $405,000, it won’t show up in their search. However, if you list your home at $399,999, it will likely show up when they search for homes in that price range. That small drop in price might just make that person your homebuyer!

Beyond these three things, there are plenty of other methods to price your home properly. If you’re just getting started, the idea of trying to sell your home can be overwhelming.

If you have any questions about selling your home or you need some help during the process, make sure to get in touch with us here at National Cash Offer! We look forward to hearing from you.

The post How To Price Your Home To Sell appeared first on National Cash Offer.

source https://nationalcashoffer.com/how-to-price-your-home-to-sell/

Top 3 House Flipping Challenges

House flipping becomes more and more popular every year. In 2019,  investors hit an all-time high for the number of houses and condos flipped in the United States.

Of course, this doesn’t mean that flipping a house is a walk in the park. Making a ton of money from flipping houses isn’t easy either. Home flipping, similar to any other real estate investing strategy, comes with unique challenges.

Here are the top 3 house flipping challenges you might face as an investor:

 

Finding an Ideal Property

 

When looking for the best deal on a property, there are many things you must consider. For starters, you must consider the location.

Is the property in an upcoming neighborhood?

Is there a demand in the area?

How are the schools and property values? 

Make sure to measure the risk against your reward too. You can do this by factoring in repairs and renovations you must make and see if you will still gain from it when everything is done.

Some of the best places to find opportunities for flipping include:

• For Sale Owner Sites
• Foreclosure Listing
• Local Real Estate Agents and Brokers
• Classified Ads
• Wholesalers

You can use sits like AreaVibes to get an idea of the area’s safety characteristics or sites like Great Schools to get a better idea of the schools in the region.

Making Your Best Offer

 

You must buy a property below market value if you expect to make money from it. In an ideal situation, that property you are considering is already well-below other properties in the region. You will need to negotiate the price if not.

To determine the future value of that home, you can:

• Get a Broker’s Price Opinion (BPO): BPOs are official reports that are designed to provide potential selling prices or estimated value for properties. They take both comps and physical property evaluations into account
• Speak With Local Agents: Ask a local real estate agent for comparative analysis. You’ll want to see what other homes in the area are selling for so that you can see what you might be able to ask for your property.
• Get an Appraisal: While it may be the most costly option, it is the best option for giving you thorough numbers. Appraisers come to the property and provide accurate estimated selling prices with features, condition, and comps in mind.

Finding the Money

 

There is no question that you need to have resources to flip a home. Mortgage lenders require large down payments from real estate investors. Sometimes, you’re looking at 25% or more for a down payment.

Beyond that, you must have the cash to pay for closing costs, repair and renovation costs, utility bills, contractor bills, and so much more. You will eventually need to pay your listing agent too.

A smart investor will tell you that having a large financial cushion (larger than you think you might need) is incredibly important. If your selling process takes longer than you anticipate, you’ll still be able to stay afloat.

The post Top 3 House Flipping Challenges appeared first on National Cash Offer.

source https://nationalcashoffer.com/top-3-house-flipping-challenges/

Top 3 Reasons to Start Hosting With AirBnb

Airbnb started out back in 2008 as an online lodging marketplace and has effectively become one of the biggest competitors for hotels around.

The beauty of Airbnb is that any homeowner can turn their property into a mini motel. You don’t need much to get started either, except for a little bit of capital.

The sharing economy is still quite young, though with the number of side hustlers growing every day, Airbnb offers homeowners a way to make a bit of extra cash on the side.

Let’s look at the top 3 reasons why you might consider hosting with Airbnb.

 

High Potential For Revenue

 

When you look at the monthly revenue that comes from a standard Airbnb minus cleaning costs, mortgage, supply costs, and other factors, it looks pretty positive.

Compare the potential of a short-term rental to that of long-term rental and you can see that short-term rental yield revenue that is significantly higher. If you know how to operate an Airbnb business correctly, you’ll be able to bring in far more than you would be able to with a traditional, long-term lease.

Less Damage and Property Wear

 

Short-term rentals result in significantly less property damage and wear over time compared to traditional, long-term leases. The reason for this is that you are in a constant state of turning your property over to the next person.

Any damage that is done during one short-term stay should be identified immediately. You can then sort out the cost of that damage with the last guest. Plus, guests don’t stay nearly long enough to inflict serious or sustained property damage. Just think about bathrooms that acquire mold because tenants don’t utilize vents or floors that gain an extra layer of grime because tenants never mop.

Small damage is settled between the short-term renter and the host using the Host Guarantee feature that comes with the Airbnb platform.

 

Lower Variance Revenue

 

One of the biggest misconceptions of becoming an Airbnb host is that there is a lot of risks involved, especially in the first few months when you’re trying to break even.

The thing is, short-term rentals have a much lower variance compared to traditional, long-term leases. Think about it this way. The average renter is not going to fluctuate throughout the year if your listing is priced correctly.

If you are using a traditional lease and you are unable to rent out your property for even a month, you are losing out on a ton of income. If you can’t book out your Airbnb for a month, you might only lose out on around 10% of your revenue, which isn’t the end of the world.

 

We hope that this article has convinced you that becoming an Airbnb host might just be the best decision you ever made with your property. The sharing economy is one that will continue to grow as time moves forward and the best time to get in is now.

If you have any other questions regarding property rental or Airbnb, make sure to get in touch with us here at National Cash Offer.

The post Top 3 Reasons to Start Hosting With AirBnb appeared first on National Cash Offer.

source https://nationalcashoffer.com/top-3-reasons-to-start-hosting-with-airbnb/

Top 5 Real Estate Investing Hacks

Looking for some hacks to make better investments in real estate?

We’ve got you covered. Let’s dive in!

 

 

Hire The Best of the Best

If you’re looking to sell a home in great condition, you’ll want to hire the best real estate agent. If you’re looking to sell a house that needs quite a bit of work, on the other hand, this could mean hiring a real estate investor who can pay you cash for the property. If you’re getting a loan, this could mean hiring the best mortgage broker around.

People don’t say no in the world of real estate. Mortgage brokers, agents, and investors are all out to find work. It’s your job to sift through them and find the ones that are most passionate about what they do so that you can get the best deal.

 

 

Get Multiple Bids

Whenever you are diving into a real estate project, it is important to get multiple bids. We like to think in threes. If you need to get some landscaping done, get bids from three landscaping companies. If you need to get some plumbing work done, get bids from three plumbers. Looking for a mortgage? Call three mortgage brokers!

When you get multiple bids, you have a better chance of finding the best price. Plus, any smart contractor, mortgage broker, or agent, will bring their A-game if they know others are involved.

 

 

Don’t Be Afraid To List Low

A list price that is too low will create a multiple offer situation. Essentially, people will see that the price is low and they will bid it back up to the market value. People often make the mistake of listing too high. If you do this, no one will show up, no offers will be made, and the house will grow stale on the market. Buyers will begin to think something is wrong with the listing.

 

 

List on MLS

Some people like to list their properties on sites like Redfin and Zillow while others like to throw listing on sites like Craigslist for free. While these selling tools are wonderful, they won’t provide exposure to the entirety of the marketplace.

If you want to be serious about selling your home, don’t be a “For Sale by Owner” lister. List using MLS. If you followed our first step and found the best agent to work with, the 6% commission on MLS won’t matter, as you’ll make more than if you listed it on your own.

 

 

The First Offer Is Often The Best Offer

If you follow our advice and list low, make sure to consider the first offer that comes in. Don’t wait around for a better one. The reason for this is that the first offer you receive will likely come from the most interested and qualified party. They may have been waiting for a home like yours to hit the market and they knew they had to jump on it to get it.

This does not mean you have to accept the offer necessarily, though you should work with them. If the offer is low, make a counteroffer instead of shutting them down.

The post Top 5 Real Estate Investing Hacks appeared first on National Cash Offer.

source https://nationalcashoffer.com/top-5-real-estate-investing-hacks/

The How-To Of Cash Flow Real Estate Investing

If you want to get wealthy in real estate, you’re going to need cash flow.

Almost all wealthy people have real state investments, passive income, stock accounts, and cash flow. When you invest in long term wealth, you can create streams of cash flow so that you may reinvest and receive surplus income.

Of course, generating cash flow is not as easy as it seems, otherwise, we would all be doing it. To grow your cash flow, you must first understand what it is that generates cash flow.

What Generates Cash Flow?

 

There are a variety of investments that are known to generate cash flow. Some of them include:

• Mortgage notes
• Dividend-paying stocks
• Small businesses
• Single-family rental homes
• Multi-family properties
• Commercial properties
• REITs

Let’s talk REITs for a minute.

 

What Are REITs?

 

The acronym REIT stands for “Real Estate Investment Trust.” REITs come in both private and public forms. REITs are unique in that they must pay investors 90% of their income. They also have limits on the controlling interest percentage that any one investor may own.

Essentially, you can think of an REIT as a company that pools together money so that they may manage and distribute real estate profits. You receive regular dividends while the company does everything for you.

One of the best ways to evaluate REITs and stocks that are out there is with an EFT (Exchange Traded Fund).

Exchange Trade Funds employ exports who make evaluations and automatically invest for you.

REIT vs. Crowdfunding

 

Crowdfunding platforms are plentiful, though they typically require investors to be accredited. This means that you must perform your due diligence and screen all of the sponsors, opportunities, and operators, without any help. Plus, Crowdfunding involves a high number of legalities as well.

REITs, on the other hand, are regulated. They do, however, provide all of the extra work for you. Anybody can invest in an REIT and it’ll typically take someone no more than an hour to get set up.

Cash Flowing Your Investments

 

Open an Investment Account

 

The first thing that you’ll want to do is open up an investment account so that you can keep your investment funds separate from all of your other funds. You can either do this using an IRA, an LLC, or a stock brokerage account.

 

Invest In Real Estate That Is Cash Flowing

 

Use your investment funds wisely. Invest in real estate that is known to turn cash each year. This cash flow may come from dividends, rents, or other types of rights.

 

Keep It Flowing With Reinvestments

 

Unless you’re getting ready to retire, why not continue to reinvest? When you reinvest your dividends back into more cash flowing real estate investments, you bulk up your portfolio, nest egg, and cash flow!

 

Achieving Cash Flow Isn’t Difficult

 

If you’re ready to start investing to take a step closer to the lifestyle you’ve always wanted, the time is now. Make sure to get in touch with us here at National Cash Offer if you have any other questions regarding real estate investing.

 

 

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Understanding Real Estate Post COVID-19

When 2020 came around, it seemed like the real estate market was off to a pretty good start. Billion-dollar deals were being made and records were being set. Even though we saw a rise in property prices, home buyers and investors continued to make deals.

That’s when COVID-19 arrived.

Within a month of the Coronavirus arrival, new safety guidelines were put into place and over 40 million Americans became reliant on unemployment. Companies that had been around for a hundred years, including Neiman Marcus and JC Penney, went completely bankrupt.

Some of the biggest companies in the market, like Zillow, shut down many operations. A fair portion of those jobs or businesses might never come back.

There are a few things that we do know, however.

1. More millionaires are born through real estate than any other industry out there, including tech.
2. Times of uncertainty typically produce the greatest wealth
3. Real estate is combining with tech to make investing easier than it has even been
4. Americans who are making solid incomes are finding ways to protect their retirement funds, including real estate investing.
5. This pandemic will not last forever

A Unique Marketplace

 

The industry will see some lag in the coming months. Borrowers and renters will begin to take advantage of moratoriums through foreclosures and evictions. Either they will resolve these things by the end of the year by figuring out how to catch up with payments or move elsewhere.

In terms of leases and closings, there may end up being a small dip in data. Prices will likely drop in some areas, though it won’t last long.

 

Mortgage Lenders

 

We are beginning to see some serious changes in the lending world. A few weeks after the start of the pandemic, Chase made an announcement about the company’s newer and stricter loan criteria. Home equity loans dried up from Well Fargo too.

Buyers are turning to alternative funding sources, such as private and hard lenders. Private money is typically loaned using funds on-hand while hard money is usually sold to wall street, where it eventually creates an infinite funding loop.

Private and hard money sources do not require any money down or credit checks, unlike banks. However, they have billions of dollars waiting for investors to use. Borrowing is cheaper than it ever has been with insanely low-interest rates.

 

A Noticeable Shift

 

One of the most obvious changes in the market is that people are looking to purchase property in unlikely locations. Rather than condos in urban environments, people are looking for homes in rural areas with more space for amenities, such as gyms, home offices, gardens, and more.

Some strategies we recommend using now include:

• Short Sales
• Micro Flipping
• Buying Mortgage Notes
• Foreclosure Auctions
• REOs
• Fixing and Flipping Low-Priced Properties

COVID-19 should not be an excuse for anyone. If you invest correctly, you can:

• Create profit while social distancing
• Work anywhere you want
• Profit Quickly
• See upside potential

If you have any questions about investing in a post-COVID market, make sure to get in touch with us here at National Cash Offer.

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How to Sell Your Home Fast?

What is most important for most people when they sell their house? It is the price, of course. However, in many cases, it is just as important, if not more, to sell your home fast as it is to get as much money as possible for your property.

There are many reasons why time may be of the essence during a real estate transaction. In some cases, the home seller may be relocating. Buying a house while selling another is a frequent occurrence, whether you are purchasing a new property more adapted to your needs or relocating. However, it comes with many obligations, and you may need to carry two mortgages at once, not to lose your dream home. Unfortunately, not everyone is in a financial position to assume the cost of ownership of two houses (including property taxes, maintenance, etc.)

In other cases, selling your house fast may be a legal obligation. When homeowners divorce, they often need to sell their most valuable shared asset – the family home – to move on with their life. When it comes to inherited houses, it is also important to quickly sell the property to settle the estate.

Finally, people may need to sell their home quickly when it becomes a financial burden. Suppose you are having difficulties paying your mortgage, after a change in employment, for example. In that case, you may need to get rid of the property sooner than later to avoid getting into foreclosure. Losing your house to the bank is not only traumatizing, but it also has a lasting impact on your credit and may jeopardize your chances of finding a new home.

So, how can you sell your home fast?

 

 

How to list your property to sell it quickly?

 

 

The biggest downfall for most properties is the price. If you want to price your house to sell fast, you will need to price it below its market value. The most accurate way to find out what your home is worth is to hire a real estate appraiser.

You will also need to get the house ready to sell by repairing any issues. Not only will your home be more attractive for prospective buyers, but house condition is also a financing criterion for some lenders.

It is also good to hire a home inspector to have the house pre-inspected and avoid any last-minute bad surprises that would jeopardize financing and may cause the whole deal to fall through. If your property suffers from deferred maintenance, putting your house in showable condition may take time and money.

Unfortunately, even the best-prepared home sellers may be faced with their properties sitting if the real estate market in the area is sluggish. There are also circumstances beyond your control, such as the buyer’s financing falling through.

If your priority is to sell your house fast, you may need to look into alternative solutions.

 

 

How to sell your home fast with a cash house buyer?

 

 

Investing companies such as National Cash Offer specialize in buying properties quickly, with as little hassle as possible for the home seller.

Even in the best circumstances, listing your house to sell can be a time and money consuming process. As anyone will tell you, selling your home often comes down to “hurrying and waiting.” Between waiting for the right buyer to come along, dealing with financing, inspections, and so, it could be months before you hand off the keys to your property.

With National Cash Offer, you could be closing on your property and starting your new chapter within days. As soon as you are ready to sell your house, National Cash Offer will send you a fair offer. If it is satisfactory, you could be closing in as little as three days. We will handle financing but also bypass many of the inspections, which significantly slow down the house selling process.

Unlike traditional buyers, we buy houses regardless of condition, including dwellings with significant damage. We can also handle difficult tenants and title issues to make it as easy for you as possible.

If you think that National Cash Offer may be the right solution to sell your house fast, contact us today.

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Making Your First Million with Real Estate Investing

More than 90% of millionaires make their money with real estate. One of the main goals that people have when entering the world of real estate is becoming millionaires.

If you strategize and do things correctly, that first million could come pretty quickly. Once you have it, you need to multiply it.

 

Self-Made Real Estate Millionaires

 

There are almost 19 million millionaires in America according to the Credit Suisse Global Wealth study back in 2019. Compared to China, which takes second place to the U.S., that is almost four times as many millionaires. In fact, 40% of the world’s millionaires reside in the United States.

There are millions of self-made millionaires that we could name, though a few that come to mind include:

• Sam Zell
• Ray Kroc
• Stephen Ross
• Jorge Perez

 

Making Money In Real Estate

 

There are a few ways to make money in real estate. Different strategies work for different people and some progress through specific categories as they continue to build experience and capital.

 

Some of the top ways to make money in real estate include:

 

• Wholesaling
• House Flipping
• Private Lending
• Owning Income-Producing Rental Properties

 

Understanding Real Estate Wholesaling

 

People often use the term “flipping” when discussing the topic of wholesaling or house rehabilitation. When we think about wholesaling, we’re thinking about assigning contracts and selling contracts for profit. This is done with every doing any renovations or taking ownership.

 

Making Your First Real Estate Million

 

Get Your Money

 

First, you should talk to a mortgage broker. They can help you assess your current real estate equity, which can be tapped into to make investments. You can create tax deductions on your interest if you have equity in your primary residence. If you have other property or assets, they can enable you to become a cash buyer when you use them as collateral.

 

There is the idea of “joint ventures” too. In this scenario, you find people that have money, though don’t want to spend any time or energy seeking out, negotiating, and managing deals. Partner with these people and use their money to work your own deals.

 

Lastly, you can consider financing your deals with private lenders. This method can be quick and painless if you don’t want to work with traditional banks.

 

Seek Out Opportunity

 

It is important to have a strategy when seeking out opportunities.

 

For example, one of the top things that investors look for on the market is job growth. When jobs increase in one place, the population increases. This means that vacancies begin to decline and rental rates begin to skyrocket.

For investors, this means increased property prices.

 

Stop Procrastinating

 

One of the best ways to learn about real estate is to dive in headfirst. The market is wavering. You will never be able to figure it out perfectly. The longer you wait to hop in, the more opportunities pass you by.

Don’t become paralyzed. If you don’t do any deals, you can’t make any money.

 

Make sure to get in contact with us here at National Cash Offer if you have any other questions about wholesaling or real estate.

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Top 5 Tips for Buying Wholesale Properties In Phoenix

Buying wholesale properties with a big discount seems pretty great, right?

When you are working closely with the best property wholesaler in Phoenix, it can be! Of course, you want to make sure that the person you are working with has the experience and a good track record.

When buying investment real estate from a wholesaler in Phoenix, you want to take it straight to the source. Here are a few tips that you want to follow to optimize your experience with your wholesaler in Arizona!

 

Get Inspections

 

Whether wholesale or not, having inspections on a property is extremely important. You’ll want to hire a trusted inspector to come help you, especially if you don’t’ have experience in doing inspections yourself. Specialty inspections should be done separately, including septic tank inspections, pool inspections, and soil quality inspections.

 

Title Check

 

You need to do your due diligence here, as with any real estate purchase. Make sure there are no liens on your property by checking your title. The last thing you want to find out about is an issue with your property claim. Plus, it can be quite frustrating, not to mention expensive, dealing with a cloudy title.

 

Nurture Your Relationships

 

When you ultimately decide to start working with a Phoenix wholesaler, you’ll want to find someone that you can build a relationship with. This wholesaler should have an understanding of the types of properties you are looking at, as well as have an understanding of your goals.

Once you have created a rapport with your wholesaler, they will likely bring you better deals.

 

Get Things In Writing

 

Your wholesaler should be able to provide you with all things in writing, including comps for the property prior to and after the repairs. Wholesalers should be able to provide you with all of the necessary information as to how much costs will be based on past experience or estimates from local contractors.

Of course, in the end, it comes down to how much you let the repairs cost you. With all of that said, you must keep everything in writing and communicate thoroughly so that you have a record of all the interactions you make along the way. This way, nothing can come back to haunt you later down the line.

 

Find The Best Wholesaler

Finding the right wholesaler in Phoenix means capitalizing on that wholesaler’s abilities to find the best possible deals. A great wholesaler should be able to provide you with any necessary historical information, market information, property comps, and more.

A great wholesaler will listen to you so that they can gain a better understanding of what you are looking to accomplish by purchasing a wholesale property. Once that wholesaler has a better understanding of your goals, they’ll be able to find you the best properties.

One of the best ways to build wealth in the Phoenix area is by buying wholesale properties. If you focus on finding the right wholesaler to make your purchase with, you’ll be well on your way to a successful transaction.

Make sure to get in touch with us here at National Cash Offer if you have any more questions!

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