It’s no secret that in order to gain a competitive edge in sourcing or selling a house you should learn to utilize social media. If you’ve begun using Facebook you’re on the right track. But you should also be considering other social media sites. Especially those that are primarily visual. • 90% of information transmitted to the brain is visual. • Visuals are processed 60,000…
For real estate investors, Facebook is arguably the best social media platform to use as a resource for self-branding, marketing all aspects of your business, gaining leads and referrals (sourcing and selling). Why is Facebook arguably the best? … as of March 2016: • The average Facebook user connects to 80 community pages, groups and events. • More than 2.5 million websites have integrated with Facebook….
1. Set the price correctly on day one. Some believe that the price you set your home is 80% of your marketing. If you over-price, you simply help sell the competition. Carefully look at comparable sales data. Too high a price translates to more days on the market. More days on the market translates to buyer negotiating power. A house that has been on the…
Your Fix and Flip investment is likely to appeal to more than one generational demographic. With this in mind, knowing some of the criteria that appeal to each generation, may help you focus your sales strategy. The following information is based on the March 2016 National Association of Realtors, Home Buyer and Seller Generational Trends Report. The report breaks home buyers into 5 age groups….
I found an interesting report that slipped by my desk that I wanted to share from the NWMLS regarding January home sales in the Pacific Northwest. There is very limited inventory out there right now. In fact, in King County the inventory (SFR and Condo) is only 1.41 months (a year ago the amount was 2.09 months). In Snohomish County the inventory is only 1.56…
[one_half_last] [/one_half_last] Details: The subject property was purchased on July 31st, 2012 and was sold on November 26th, 2012. The investor was able to move in and out of the property in less than 120 days and put $95,000 into the property while adding a contemporary flair to the common split level floorplan. The subject property was a 1800 square foot property, 3 bedroom and 2.5 bath. …
The housing market recovery appears to be underway, but it turns out that the most important factor driving home price improvements is still location, location, location. The asymmetry of the neighborhood-level housing recovery can be clearly seen when we visualize Zillow.com Home Value Index Data for Seattle. (Data from Zillow.com, accessed July 19, 2012) Powered by Tableau As the above graphic shows, certain sought after…