Posts

Showing posts from September, 2019

Consider These Do's and Don'ts When Selling

Image
When you’re selling your home, adding some extra perks can help you find a buyer quickly. An incentive is essentially a marketing spend for your home sale. But you want to make sure your marketing dollars are being used effectively, so consider these do’s and don’ts: DO recognize your home’s flaws, and offer an incentive that compensates. Buyers will look at extremely dated decor or appliances as a big looming expense, so you can alleviate their anxiety with a warranty or repair/renovation allowance. DON’T use an incentive to try to get buyers to bite on an inflated sale price. If your home isn’t priced properly, it’s unlikely that an incentive—even one with significantly monetary value—will hide that fact. You’re better off revaluating your pricing, rather than spending big on an incentive. DO consider homebuyer incentives when there’s close competition. If there are other listed homes in the area with similar features and pricing, an incentive can be a winning factor. DON’T

Alaska Real Estate Market Update as of September 14th to 20th 2019

Image
Here's Alaska real estate market update of September 14th to 20th, 2019. Still, on the top of our list is the Anchorage market . During this week, 644 are currently active listings where 71 of which are new listings. 54 listings were pending and 38 were sold. Next is Wasilla market , 392 are active where 22 are of which are new, 29 pending and 23 were sold. See full report: If you want to know more on the latest real estate market update and is interested in buying or selling, give me a call (907) 570-6757 or 907-720-4663.

3 Things To Remember When Home Hunting

Image
When you’re house hunting, focus on the things that will improve your quality of life. There are so many factors that go into a home buying decision that it can make your head spin—especially if you’re in a competitive market where time is of the essence. The desire to purchase a property makes it easy to look past issues that could detract from your enjoyment of the home and cause some regrets down the road. That’s why when you’re weighing your options, quality of life should always be the top priority. Location is part of lifestyle Buyers often focus on “must haves” that can be added via renovation, but will downplay factors that are impossible to change. For example, if you work and spend much of your free time in the heart of a busy city, a house in the suburbs may mean more space for the same price, but it could also mean long commutes and a major hit to your nightlife. A centrally-located condo might be a better option. On the other hand, if you’re a weekend warrior who
Image
Here's Alaska real estate market update of September 7th to 13th, 2019. Still, on the top of our list is the Anchorage market . During this week, 638 are currently active listings where 57 of which are new listings. 52 listings were pending and 30 were sold. Next is Wasilla market , 403 are active where 30 are of which are new, 31 pending and 29 were sold. See full report: If you want to know more on the latest real estate market update and is interested in buying or selling, give me a call (907) 570-6757 or 907-720-4663.

3 Tips To Become A Better Landlord

Image
Rental properties are one of the best ways to earn passive income and build wealth, but “passive” is a little misleading—it can still be a substantial amount of work. However, with a little planning and dedication, you can run your properties efficiently while also keeping your tenants happy. Treat it like a business Successful businesses have plans and procedures that keep things running smoothly, and the same should be true for renting and managing your properties. That means committing to customer service, outsourcing work appropriately, and paying close attention to income and expenses. Don’t just assume that you’ll collect a check each month and everything else will be a breeze. Thoroughly vet your tenants Collecting applications, interviewing tenants, and checking references means a lot of legwork up front, but it’s worth it in the long run. Choosing the right tenant could mean going years without incident—no late payments, no legal issues, and no property damage.

Alaska Real Estate Market Update as of August 31st to September 6th 2019

Image
Here's Alaska real estate market update of August 31st to September 6th 2019. Still, on the top of our list is the Anchorage market . During this week, 658 are currently active listings where 58 of which are new listings. 45 listings were pending and 35 were sold. Next is Wasilla market , 413 are active where 37 are of which are new, 28 pending and 23 were sold. See full report: If you want to know more on the latest real estate market update and is interested in buying or selling, give me a call (907) 570-6757 or 907-720-4663.

5 Key Steps For A Better Home Appraisal

Image
If you’re looking to refinance your home or possibly sell, you’ll need a killer appraisal. A bank will not refinance a home for more than it is worth, and a potential buyer will not pay more than the recognized value of the home. Here are 5 key steps for a better home appraisal. Tidy your space Make sure your yard looks well-groomed and the interior of your home is clean clutter-free.  It is well worth the investment to have the home professionally cleaned and have your yard serviced. Invest in the right types of renovations Kitchens and bathrooms are the best types of renovations.  They will typically provide 80% ROI. High-efficiency appliances and upgrades that improve the overall efficiency of the home are well worth the investment. Document your upgrades Provide the appraiser with a list and documentation of all upgrades, renovations, and improvements to the home. Do your homework Research and provide your own comparable valuations for similar properties in the area.

Alaska Real Estate Market Summary - August 2019

Image
For August 2019, there were 2808 active residential listings, 706 pending sale, with an average of 53 days on the market. The average list price was $353,893 with an average sale price of $327,314. There were 483 active condominium listings, 135 pending sale, with an average of 59 days on the market. The average list price for was $218,207 with an average sale price of $218,710. Anchor Realty Group pulls these numbers monthly as a service to our clients. If you want to know more on the latest real estate market update and is interested in buying or selling, give me a call (907) 570-6757 or 907-720-4663.