A beautiful weekend here in San Diego! This is the hottest time of the year in Real Estate also. With the school year coming to an end, families want to coordinate the best time to make their moves.This weekend, I accompanied a buyer around San Diego, Carmel Valley, Poway, Scripps Ranch and Carlsbad. There were plenty of open houses and plenty of people out to buy homes. The analysts state that we are finally at the bottom of the market and buyers confidence is up. If you are planning to buy a home, now is the time to do it. There are great deals out there and great homes available. With the inventory of homes high, there is much to choose from.
If you are planning to sell your home, there are several factors to consider. Staging your home, de-cluttering, letting the light in and creating great curb appeal are a must. I am seeing many sellers over pricing their homes based on upgrades. There are things you can change about a home and things you cannot change. Location, floorplan, views, lot size and lot configuration cannot be changed. Upgrades, paint, carpet etc can be changed. Upgrades begin to lose value as soon as they are installed. What may be an upgrade to you, may not be to a potential buyer. Upgrades are valuable but not necessarily bring a higher price. they will increase the interest in your home and the likelihood of a sale versus homes without upgrades.
This is why choosing the right Realtor is important. Choosing a powerful company is imperative. You will soon notice the discount brokers and "mom and pop" shops going out of business.
As a seller, it is important to listen carefully to the Realtor when pricing your home. A good Realtor will give you and honest value to get your home sold. If it sounds too good to be true, it probably is. Many Realtors are inflating comps to get the job of selling your home and then the home sits with very few showings and no offers.
Take the time to do it the right way, research homes in your area, go to open houses to look at the competition, look at your home through the eyes of a buyer.