Friday, May 18, 2007

Resource for Landlords & Investors



Investing in & managing rental properties can be difficult, but the payoff is often well worth it. A new Website, www.completelandlord.com, aims to make managing rental properties more, well, manageable. The site provides valuable tools, information and online community designed to help landlords and investors increase the return on their property investments. Feel free to contact me for more info at: findit@LehighValleyRealty.com

Tuesday, May 8, 2007

Pre-Listing Appraisal

As the real estate markets are adjusting around the nation - home sellers are increasingly ordering appraisals before putting their homes on the market. Paying around $400.00 to have a home appraisal prior to listing can be a very good sales strategy. Of course I always provide a detailed competitive market analysis to help my clients pick the proper listing price. I strive to get homes sold for as much as possible and within the desired time frame. I use many of the same factors that fee appraisers look at when evaluating a property.

Unfortunately, in these changing times, a price pegged to the current market isn't always as high as the sellers hope for. That is why some sellers are seeking a paid valuation from appraisers - professionals who specialize in providing independent and unbiased valuations based on current market conditions.

Besides confirming the right price at which to list the property, sellers who have an appraisal in hand can use it as a sales tool, to reinforce their asking price. Second, buyers will be more comfortable making an offer on an already appraised home as compared with other homes that lack an appraisal. The appraisal can help assure the buyers that they are not paying too much - especially important in changing markets. Feel free to contact me anytime at: findit@LehighValleyRealty.com