Tips To Get Your Home Ready to Sell If You Have Pets

May 11th, 2012

1. The worst thing to do is mask odors such as lighting a candle or using carpet powder.   Try to eliminate the odors from the source by thoroughly cleaning your home from top to bottom with a combination of vinegar and water.   Continue to use this cleaning solution on a weekly basis until your home accepts an offer.

2. We love our pets, so you probably don’t want to hear this one, but try to find a temporary home for your pet while your house is on the market.  If this isn’t possible, at least try to take your pet out of the house during showings.

3. Remove any and all pet items.  By removing toys and water bowls and hiding pet beds, you open the home up to ALL potential buyers.  Including those that don’t like pets.  Once a buyer sees that a pet lives in the house, even if they don’t smell it, they may automatically not be interested.

4. Repair any pet damage to the home.  Any chewed and scratched wood surfaces as well as carpet pulls need to be repaired. Have rugs professionally cleaned and if any staining can’t be removed, consider replacing.

For more tips and questions, please drop us a line.

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Multiple Offers – How You As a Seller Can Prepare

April 27th, 2012

So much is written out there on how to handle a multiple offer situation if you are a buyer.  Advice such as removing contingencies, writing a personal note, or making sure your pre approval is accurate.   But what about the sellers?  Here are some quick tips to get you, as a seller, ready.

1.  Make yourself scarce. What this means is that if your property goes into MLS on Thursday, and your broker open house is Friday, showings usually start after that. The best thing to do for Friday, Saturday and Sunday is to get out of the house. Even better, go away for the weekend! I can’t tell you how many times our sellers get overwhelmed by the fact that they receive multiple calls from our offices for showings. This is a good thing! If you are getting 5-7 showings within the first 24 hours of it going into MLS, then that is a clear indicator that you are going to have multiple offers. You want to make sure that your home is always available for showings for these couple of days.

2. Ensure that your seller’s disclosure form is accurate and ready. With the help of your agent, if you have completed the seller’s disclosure, you leave little to know questions for your buyers about your knowledge as to the condition of your home. This saves time for everyone.

3. Review all offers at one time. In coordination with your agent, it is best to review offers on the day after the open house. Usually a Monday or a Tuesday. This ensures that everyone will see it and that you open yourself to any and all offers.  It is not always best to jump at the first offer that you see, so when you get to take a look at them all together, you start to see which one will work for you.

4. Don’t be opposed to going back for another round. Once you have reviewed the offers, depending on how many there are, go back to the top 50% and ask them for their best and final.  At this point if 1 or 2 or similar, it will be clear who really wants the house.

For more of these kinds of tips and to talk about how we can get you multiple offers, give us a call at 617-974-9275

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Is now the time to sell?

March 2nd, 2012

Here we are at the beginning of March and the question is when is the Spring housing market going to take off? In my opinion it already has, but the trouble is we have very little housing inventory to get us in the full Spring housing market.

Do seller’s believe there are buyers out there looking to buy their home or do they believe that the housing market is still in the dumps?  The answer is to all of you potential sellers:  There are lots, and I mean lots of buyers out there.

When a property comes on the market, AND if it’s priced right, it’s flooded with buyers and typically goes under agreement within days. If you’re thinking about selling your home, this is the time. This is one of the more favorable environments for you to put your home on the market.  What you have right now…low rates, low inventory, high demand and most importantly, lots of buyers looking to buy your home at asking price.

Written by: Laurie Crane,  The Mark Lesses Team

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Home Inspections – Setting the Expectations

February 24th, 2012

So you’ve made an offer on your new home, congratulations!

Now starts the most intense period of a home sale transaction:  the Home Inspection.

For many buyers the inspection period can be somewhat of a mystery.  Many things can be on the buyer’s mind:  What can I expect, what could go wrong, what do I do with the information from the inspector, am I making a costly mistake with this house; what do I do if I want to get out of the transaction and how will I know to do that?

As Real Estate Agents, our job is to help guide our buyers through this process.  The best way to set the stage for an inspection is to set expectations with the buyer in advance.  You do this by explaining the process to them – ideally before you even enter the offer process – and once again when the offer process begins.  In this way, you have explained how the process works so they are mentally prepared for what might be ahead.

Typically, once an inspection occurs, and even sometimes during the inspection, you will need to coach the buyers on how to proceed once inspection related information starts to get back to them.

My colleagues and I have found that it’s best to let buyers know in advance of an inspection that, once the inspection report comes in, they typically have three options:

1) Accept the findings and move forward to drafting the Purchase and Sale
2) Reject and revoke your offer
3) Counter your original offer and request that the seller address the findings in some way.  For example: the seller fixes the issues, contributes money to repair the issues or some other option that works best for everyone given the circumstances of the transaction.

Overall, to help make the Inspection process go quickly for everyone involved – set expectations in advance!  It will spare everyone a lot of anxiety and make for a better experience.

Writen by David Lenoir, The Mark Lesses Team   david@marklesses.com

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This is a real estate intervention! 5 common obstacles that get in the way of you buying your first home.

February 17th, 2012

#1 I don’t have the money. Well, is that true? The best part about this time in the market is that you can still buy a home with little to no money down.  Mass Housing and FHA loans are still being offered for those that qualify.  You can usually put as little as 3% down.  So if you have a tiny bit saved, contact a reputable mortgage rep today to find out if its in the cards for you.  Sherry Keenan from NE Moves Mortgage in our office has some amazing programs for first time buyers.  She an be reached at 617-293-5098.

#2  I’ll never find the perfect home in the perfect location. If everyone could find their “perfect” home, then the rental market would be in the dumps.  If you adjust your expectations just a hair, then you could be in the “I own my home” club in no time.  You may start off by saying you want a 2-car garage, and 2 baths, but maybe you can live a 1-car garage, off-street parking or 1.5 baths instead.

#3  The market is going down, so I am going to wait and buy when it hits the bottom. If only we had a crystal ball!  Its no surprise that we’ve been in a somewhat receding market in the past few years.  The best part about now is that when the market shifts, and it always does, you will be in a great spot.  I don’t know about you but I’d rather buy now then when the market is going up.  An appreciating market means appreciating home prices.
#4  The home inspection is going to present really bad news. Unless your buying new construction, and even those properties have their faults, most likely you are buying a home that is 50-100 years old.   Every home is going to need some work and whatever it is can be fixed.  The best thing you can do is look for a home that has a good track record of the owner keeping up with the maintenance of the house.   If the owner hasn’t, what a great opportunity for you to get in there and give it what it needs.   Just make sure that you are comfortable with the where the price point is so it can allow for some extra room to make the necessary repairs.

#5  I hate negotiating. You either fall into two categories:  Those that love to negotiate and those that don’t.  Lucky for you, you can hire an experienced real estate agent that will be your advocate though the home buying process.   We do the hard work for you.   Its our job to make sure you get the home of your dreams for the price point that the market dictates.  So leave it to us.  WE LOVE TO NEGOTIATE!

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Superbowl Hangover? Ok got it, time to move on!

February 13th, 2012

The cure for your hangover is to get moving, whether its time to move up, down, sideways or out of state.  This is the time of year when making moving plans will set the stage for a successful transition to your new home.  Starting in just a few weeks there will be more folks out looking for a new home than any other time of the year.  The majority of home sales occur between March and the end of June in any year.  If your going to move this year the time is now to get going.  Give us a call (781-728-9092) or send an email (mark@marklesses.com) and we’ll be happy to give you our no-nonsense opinion of the real estate market.

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What questions do you ask your potential real estate agent?

February 2nd, 2012

Are you looking to buy or sell your home?  If yes, your first step is to find an honest and knowledgeable real estate agent!

Some agents work on a team and others work on their own. A team approach such as the “Mark Lesses Team” has many advantages.  The Mark Lesses Team has four members, and together provide a wealth of experience to their clients.  Even though you may work with one agent from the team, the genius of the team approach is that each agent is backed by the whole team. This is a huge advantage to you as a buyer or seller because you are the recipient of a breadth of knowledge, experience, and support from the team.

When looking for an agent or a team, be sure to ask questions about
the process. Here are some potential questions:

* Is the agent knowledgeable about the market?  Are they good at
explaining the market conditions to you?

* Do you feel comfortable working with the agent? Does the agent look
you in the eye?  Does he or she seem trustworthy?

* What is his or her (or the team’s) negotiation experience?

* Is the agent assertive? Pushy? Passive?

The bottom line is when you are getting serious about about buying or selling your largest investment, you want to make sure that your agent is working in your best interests.  After all, in the length of time it takes to sell your home or to purchase a new property, your agent will fill many roles (consultant, negotiator, friend, and believe it or not, therapist).  Doesn’t it make sense to choose a real estate agent you trust?

Written by: Laurie Crane, The Mark Lesses Team      Laurie@marklesses.com

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The Spring Market has Sprung!

January 27th, 2012

Despite the snow and Pat’s games, the Spring market is here!

In my conversations with family, friend and neighbors, I’ve been noticing lot’s of curiosity about the Spring market.  Many of that curiosity is now turning into action with people taking first steps to buying or selling.

For example, I’ve noticed an uptick in home owners requesting market analyses for their homes.  Now is actually a good time for sellers to request a market analysis as the market data tends to reflect activity from the Summer and Fall markets.  As such, they can get a clearer picture of where their home fits in the market.  These sellers are that much more prepared to list their homes and get it competitively priced.

Buyers are also gearing up for Spring.  Many of the buyers I’m speaking with are already pre-approved or are in the process of getting pre-approved.  This is significant as it means they are ready to buy now and know how much they can spend.

There has also been more activity at our office front desk.  Just the other day I had someone call in to request a market analysis for their home in Arlington.  Another person saw a listing advertised in our office window.  She walked in and asked me for help in buying her first home!  As a Real Estate Agent, floor time can sometimes be slow in the winter.  So, you can imagine how excited I was to have such a busy day!

How ready do you think people are to make their next move?  Let me know what you think!

Written by David Lenoir david@marklesses.com

 

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The Real Estate Weather Forecast This Weekend… (Open Houses)

January 20th, 2012

Looks like our real estate forecast for this weekend is sunny and fabulous.  Here are the open houses:

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What is Your Personal Real Estate Weather?

January 18th, 2012

Are you renting and thinking of buying or just staying put? or maybe you own a home already but think you may need more space.  Whatever your personal forecast may look like, this is the time of year to shift towards finding your perfect home.

Why now?  

You may still have your boots on when you go out the door, and the trees have no leaves, but that means its time to start doing your homework.  The first step is to figuring out whether it makes sense for you to move by calling your real estate agent.  The majority of calls that Mark Lesses gets this time of year is just that.  “I speak to many of my clients who feel that the market begins in March and April, but the reality is, it starts right now”, says Mark.  “I like to sit down with my clients who are thinking of making a move and help them determine whether it makes sense”.  The more prepared you are, the more comfortable you will be in making the best decision for you and your family.

Once you’ve decided to move, now what?

Here comes the best part.  Start looking at homes!  An agent can help fine tune your search and help you really maximize your time to look at the homes that make sense for you.  That is what professional real estate agents love to do.  Besides negotiating like a rock star, Mark loves to get inside, check out the basement, see the updated features and really get the feel for a home.

So whether your looking in Arlington, Winchester, Lexington, Belmont or any other fine community, call us today to decide if your real estate weather forecast says to move!

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