Duarte/Downey Real Estate Agency, Inc



Posted by Duarte/Downey Real Estate Agency, Inc on 3/27/2016

If you are a seller, you need to know how buyers think. A study by the National Association of Realtors asked buyers who they are, why they need to buy, and what would make them buy. Here is just a few highlights from that study which provides detailed insight into the home buyer's experience with this important transaction. Here are highlights from that report.

  • Sixty-six percent of recent home buyers were married couples—the highest share since 2001.
  • For forty-two percent of home buyers, the first step in the home-buying process was looking online for properties. While fourteen percent of home buyers first looked online for information on the complete home buying process.
  • The use of the Internet in the home search process rose slightly to ninety-two percent.
  • The typical home buyer searched for 12 weeks and viewed 10 homes.
  • Eighty-eight percent of buyers purchased their home through a real estate agent or broker. This share steadily increased from sixty-nine percent in 2001.
  • Eighty-eight percent of sellers were assisted by a real estate agent when selling their home.
  • Two-thirds of home sellers only contacted one agent before selecting the one to assist with their home sale.
  • The share of home sellers who sold their home without the assistance of a real estate agent was nine percent. Forty percent knew the buyer prior to home purchase.
 





Posted by Duarte/Downey Real Estate Agency, Inc on 3/13/2016

1. Stage your home. According to the Real Estate Staging Association, homes that are staged sell on average 78% faster than the competition. Staging is more about creating a mood than moving furniture around. Staging makes a house look bigger, brighter, cleaner, more inviting and best of all makes buyers want to buy it.

2. Don’t forget the outside.
Stage the exterior of your home too. Fresh paint, updated landscaping and welcoming lawn furniture will help will a quick sale. Buyers often look for an outdoor space that they can enjoy with friends and family.

3. Make your home available.
Homes that don’t get shown don’t get sold. Try to accommodate as many appointments to view your home as possible. In today’s market, there are many vacant properties that can be shown anytime. Restrictive time frames, appointments that have to be set far advance will usually result in a buyer crossing your place off the list.

4. Get real about pricing.
Try to be the best deal on the market. Homes that are priced correctly will sell quicker and get a higher sale price than those that have sat on the market. Today’s educated buyers are familiar with comparable sales in the area. They will flock to a home that looks like a great deal. Competitively priced homes get the most traffic and at times even receive multiple offers.

5. Pay attention to the competition.
Look at the price that homes that are similar in style, condition and location have sold for. Attend some open houses and honestly size up your competition. Try to look at your competition from the Buyers point of view removing all emotion you may have tied to your home. Keep constantly updated on changes in the market and try to stay ahead of the curve.





Posted by Duarte/Downey Real Estate Agency, Inc on 2/7/2016

Selling your home can be stressful enough but add messy kids to the mix and you have a challenge on your hands. But it can be easy to sell your home when you have kids if you do some small things to remedy clutter:

  • Go through the toys and limit the number of toys that the kids can keep out. Put the rest in storage, or donate toys that they don’t use.
  • Clean out the closets. Kids grow out of clothes and shoes quickly. Go through the kids closets and donate clothes that are too small. This will also help the closet look bigger.
  • If you have a baby store the large baby items out of the way. Large highchairs, playards can make your home look smaller.
  • Clean out the diaper pail daily.
  • Organize books and toys neatly in baskets, boxes, and bins.
  • Keep a laundry basket by the door for last minute pick-ups. You can always throw the basket in your car if you don't have time to sort through it before the buyer arrives for a showing.
  • Get the kids involved. Even small children can help keep the house tidy.
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    Posted by Duarte/Downey Real Estate Agency, Inc on 9/14/2015

    When you think of a hot real estate market you probably think springtime, however, fall can also be a great time to buy or sell a home. Fall is the second busiest time of year for home sales. Here are some reasons to sell your home this fall: 1. Inventory is lower. Less inventory on the market means that you have a greater chance of making a sale. 2. Fall is great for home staging. It is easy to make your home seem cozy and inviting to a prospective buyer. 3. It is easier to keep the house clean. Children are back in school making it easier to keep the house neat and tidy. 4. Fall is a beautiful season. Make your yard look more inviting by placing a variety of cheerful mums and other fall plants in your flower beds. A fall wreath on your front door and an arrangement of pumpkins on the steps can make your home's entry warm and welcoming to guests and prospective buyers. 5. Since the days are shorter you can show off your home with warm accent lighting. 6 . Warm fall scents, like cinnamon, apples, and pumpkin, whether in baking or in candles, can make your home feel more inviting.  





    Posted by Duarte/Downey Real Estate Agency, Inc on 8/10/2015

    Did you know that pets can significantly reduce your home's value?  Homebuyers are hesitant to buy a home with pets because they are weary of odors and damage. If you are a pet owner here are some tips to ensure you get the highest final sale price for your home: 1. Start outside. The outside of your home is the first impression, it is the first thing a potential buyer sees. Fill and holes in the yard that have been dug by pets. Make sure to walk the yard and pick up any pet waste. 2. Check the woodwork. Pets have a habit of chewing. Go through your home and look for any damage. Check the floor trim, the threshold of your doors, and the corners of doors and cabinets. Also don't forget to check carpet, window ledges and screens, especially if you have cats. Hardwood floors can also get scratched by pets too. You may need refinish your floors if they have pet scratches. 3. Check the carpet. Carpets are usually best replaced rather than repaired. It is almost impossible to remove pet odor from carpet. If the carpet has been chewed or frayed from scratching it can likely be stretched and re-tacked by a professional. 4. Look for stains. There can be stains on carpet, flooring, drywall, and trim. Make sure to repair or replace any items that are stained before a buyer sees them. 5. Address odors. You may not even notice pet odors in your home but they will be very obvious to buyers. Ask someone else to give you an honest opinion of pet odors in your home.  Make sure to vacuum daily and open windows if you can. It's not just accidents that cause bad odors. Your pet's hair, dander and sweat also create odors. 6. Clean your furniture. Even though the buyer is looking at the house, if your furniture is stained or ruined buyers will still devalue your home. 7. Keep the pets away. If possible remove pets from your home when showing it. You could board them, or have a friend keep your pets while you're showing your home. If that is not possible make sure to buy pet crates to keep them locked up and out of the way.