Category Archives: Tips & Advice

Still Listing / Still Showing Homes / Homes Still Being Sold

Thursday, 26 March 2020 13:08
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These are challenging times, but, Yes, we are still listing, showing homes, and selling homes.  Granted we have had to get creative in order to do so, but that is what a good experienced real estate agent does.

Some of our clients are willing to do Facetime Virtual tours.  Others have created a virtual tour of their home that we can send to prospects.  For those clients who decide they want to visit the property and see it in person, we are taking every precaution.  We ask the property owner to open all doors as well as cabinet doors, so we don’t have to touch anything.  Or if we do, we’re using gloves.  We are sanitizing upon entry and when we leave the property.  Our buyers and seller’s safety are our primary concern at this time.

There are also other ways to receive offers for your home rather than the traditional listing.  As an iRep Real Estate Pro, I can help you receive cash offers on your home and a retail market valuation in 48 hours.  So, if you were planning to sell this spring but are apprehensive, due to our current situation, this might be an option to consider.

Contact me and we can discuss all your options.

Marie Dinsmore

The Dinsmore Team

RE/MAX Around Atlanta

www.DinsmoreTeam.com

Cell 770-712-7789/Fax 770-888-7793

Experience, Passion, and Commitment to Excellence!

Renovate and Love It?  Or List it?

Thursday, 05 March 2020 16:08
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This time of the year many people look around the house and see all those projects that need to be done and/or completed.  Regardless of where on the list your projects are, there’s always the investment that needs to be considered.  What will be my ROI when it comes time to sell?

When considering remodeling, a homeowner always must take into consideration many different aspects before starting the project such as:

  • Are you staying for a while or are you getting ready to list? If you’re staying then you can take into consideration your likes, tastes, color schemes, etc.  If you’re listing, then you will want to keep things neutral.  Many people can’t get past a color scheme to see the potential of a home.
  • Do you have several projects on your mind and wondering where to start first? Most will say, if the kitchen is on your list, start there first as a great kitchen will yield 70% ROI.  That’s why if a house has a great kitchen, the listing shows many photos of the kitchen.
  • Typically, next on the list is the bathroom and usually the master bath. When remodeling the bath, the functionality should be the heart of a bathroom remodel. Make a list of what you wish to gain with the remodel, i.e. more storage, need more lighting, more outlets, etc. Shower or tub or both?  If you very seldom take a bubble bath why have a huge garden tub taking up space?
  • Then there’s the floors. Sometimes that’s at the top of the list. If it’s the only project you want/need to do, that’s great, but if you have other renovations to do, save the floors for last due to the wear and tear from the other remodeling projects.  You don’t want your beautiful new floors scuffed and scared.
  • Hire a reliable contractor and have some ideas of what you what your finished project to look like. Start a notebook or Pinterest board with all your ideas so that you can show your contractor what you have in mind, because a picture is worth a 1000 words.  Many home improvement stores will also help draw up the plans for some remodels, like a kitchen.

So, what are the top renovations you can do that have the biggest ROI?  We searched many different sources and here is our overall list:

  • At the top of the list and the one that will give you the biggest ROI and pay for itself is attic insulation at 116.9%
  • Stone Veneer. This was a surprise, but in all the research, this one kept coming up and with a 95.6% ROI.  This one adds to that curb appeal.
  • Garage Door Replacement for a 91.5% ROI
  • Entry Door Replacement with a steel door. Again, looking for that curb appeal and safety. 91.1%
  • And lastly and most interesting we found that most projects recommended that are lower in cost often make cosmetic improvements and yield a very good ROI.
  • For example:
    • Minor kitchen remodel. Replacing or adding kitchen hardware.
    • Refinishing or painting cabinets can give up to 77% ROI.
    • Rather than a total remodel of a bathroom, consider replacing the fixtures and possibly the sink.
    • And then there’s the light fixtures that may also be out of date. Replacing outdated light fixtures and ceiling fans are other good investments that add a good esthetic appeal.

Still wondering whether to start on those projects or just sell as is?  Contact the Dinsmore Team.  We can advise you as to what home improvements make sense for the area and your neighborhood.  You can then decide if you want to renovate and Love It or List It.

The Dinsmore Team

RE/MAX Around Atlanta

www.DinsmoreTeam.com

Cell 770-712-7789/Fax 770-888-7793

Experience, Passion, and Commitment to Excellence!

Why Now Might be the Best Time to Sell Your Home

Wednesday, 19 February 2020 10:33
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Trying to decide when is the best time to sell your home can be tricky, but also is determining the final profit on your home.

Here is some information to help you make that decision.

  • Home prices are trending upward. According to Georgia Realtors, home prices from 2018 to 2019 increased by 3%. Prices are looking to trend even higher for 2020. That is good news for the seller, but if you are also buying, it’s another consideration.
  • Housing markets are low. When the housing inventory is low, buyers tend to contemplate all options in the market area and make quick offers. This is good news for sellers because it often leads to bidding wars in attempts from buyers to get the best house in the area.
  • Homes are spending less time on the market. As with inventory being low, buyers are acting fast. The average time on the market in 2019 was 56 days. That was a 5% decrease over the previous year’s statistics.

So, are you still trying to decide when is the best time to sell?  Still wondering what your final profit might be? We can help with that. We are now iRep certified.  What does that mean? We can test the market for you without doing a formal traditional listing. We can help you receive cash offers on your home and a retail market valuation in 48 hours. Then you can decide whether or not to accept the offers or go the traditional route of selling your home.

The time is right. All the pieces are falling into place. With increased housing costs, lower inventory, and fewer days on the market, now is the best time to sell a home.  Let the Dinsmore Team help you through the process.

There’s More than One Way to Sell a Home

Friday, 31 January 2020 09:15
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When it comes to selling your home, it’s a big undertaking.  Unless you’ve maintained your home in pristine condition, it make take a few months to get it to the point you can list and show it.  And what about those repairs that need to be done?  And do you invest in doing those upgrades or not?  Which upgrades will bring you your best ROI?  Just so much to take into consideration.

What if there was a way to get an idea of what your home value would be in it’s ‘as is’ condition?  Well, you may be thinking, I can just look at the other homes in my neighborhood.  Or call a Realtor who can give you an assessment.  Yes, those are viable options, but what if there was a way to present your property to multiple sources and receive multiple offers without the guess work?  What if I told you, there is a way?

I am now iRep certified.  Which means I can assess your property and put together a presentation to all those companies who advertise to give you cash offers on your home.  But you’re probably thinking, well can’t I just do that myself?  Yes, you could, but by using my services and expertise, I can help get you the best offer.

Typically, what happens when you go directly to one of these companies, they do no prior assessment of your property.  They just look at the basic information and what has sold around you and send you an offer.  If you want to proceed, then they send someone out to inspect your property and then give you the real offer, which is much lower than what they initially offered.  Why, because they see all the things that needs to be repaired, replaced, upgraded, etc. and lower their offer.  When you use my services, I provide the assessment to the company upfront which includes any repairs, etc. that need to be done.  You then get an offer of the true value of your property because they know upfront the condition of the property.  Plus, since I am representing you, you won’t be bombarded with emails and phone calls should you decide this is not the route you want to pursue.

Using my iRep services can help the home selling process in a couple of different ways.  First, if you’re thinking about selling and want to get a really good idea of what your home will bring, this is a good option.  Second, after receiving your offer, you can decide if you want to go through the listing and showing of the traditional route.  Perhaps you have small children, animals, or elderly parents that going the traditional route would be very disruptive to your home life.  Perhaps the difference between getting a cash offer and what it would take to get your home ready to list and show is not in your time constraints.  Perhaps you have a reason that you need to sell and move quickly.  All of these are very valid reasons to consider using the iRep process.

To learn more about the iRep process give me a call and we can discuss what is best for you and/or see our webpage at https://www.dinsmoreteam.com/irep/ for more information.

Should your real estate agent be a real estate professional?

Monday, 26 August 2019 10:51
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A seemingly logical question might be, aren’t all real estate licensees professionals? One would hope so, but how does one distinguish this? A dictionary definition would likely say that professionals of any stripe are those that make a living in a particular trade. In that sense, any licensee actually working in the trade could be considered a professional. But can you afford to leave it at that?

By a more critical standard, real estate professionals are those that truly commit themselves to their trade. Not only do they strive to make a living out of the trade, they spend extra effort assuring competency in the work they do. They find themselves among a fellowship of like-minded people who take exceptional pride in their work. And there are plenty of statistics available that indicate that REALTORS© are far more productive, better servants.

So for a consumer to determine if their prospective agent is a professional, they might begin by asking if the agent is a REALTOR©. REALTORS© are licensed tradesmen that have committed to serve and be bound under a professional code of ethics. Licensees that do not choose to be REALTORS©, choose not to be bound by those high ideals—although surely there are some among the uninitiated that philosophically subscribe to the professional standards of the REALTOR©, they just don’t want to officially commit, for some reason.

Maybe that’s the question to ask. Why is a licensee not a REALTOR©? It’s a fair question, and one that consumers might want to ask, because if consumers become unhappy with the licensee’s work, they have a singular, logical recourse for remedy—through the judicial process, ideally via the office of the state’s real estate commissioner. On the other hand, REALTORS© have a formalized process for addressing grievances though state associations and local boards. At the associations and boards, a consumer may choose to mediate or arbitrate the matter. In such cases, a panel of REALTOR© professionals may be appointed to judge the behavior of the REALTOR© in question, and decide whether that person should be allowed to continue serving in the brotherhood. Then, if the consumer remains unsatisfied that sufficient atonement has been achieved, there is always the court system to fall back on.

Finally, please don’t forget to thank a REALTOR©, if you know one, because REALTORS© are your advocate in government. The fellowship they comprise represents the most influential voice in the entire country committed to protecting individual property rights for homeowners—from the White House all the way down to the local municipality. REALTORS© are the consummate professional.

Just remember that not all real estate licensees are REALTORS©, and there is a difference. So ask the question. Are you a REALTOR? And if you suspect a devious answer, asks to see a membership card. There really is such a thing.