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February 10, 2012

Stop to Go

You've heard that insanity is doing the exact same thing and expecting different results; so why do we keep doing it? Sometimes we get stuck in a cycle of repeated behaviors because we don't stop long enough to analyze our situation. We panic and the little voice in our head says, "Don't just sit there do something!" So we do something, and it is usually the same thing we've done multiple times before.

Recently, I had a seller come up to me frustrated with their home sale. It sat on the market with another agent for over a year and would not sell. So I asked what they'd been doing to sell the property. Over the course of that year they had dropped the price on the home over $100,000! You'd think dropping the price would be enough right? But it was not working. So we stopped and analyzed the situation.

I went to the property and offered a few suggestions to help the home show better. First of all you couldn't see the home from the street, so we did a little landscaping. Then I had them replace the wood covers on their light and electrical sockets, as well as cover some of the wood trim and surfaces, with neutral colors. Some of the handles on drawers and cabinets were dated so we replaced those. The result was a drastic change in the home's appearance.


If you're having a hard time achieving the results you want, it is time to stop and analyze. Analysis is best done by consulting experts. It takes 10,000 hours to become an expert at something. This experience gives experts valuable insight into how you can get the results you desire.

February 2, 2012

Where's the Love? (in real estate)

It's February so... where's the LOVE?

Let's be honest, some neighborhoods get more love than others. We're talking about love from buyers of course. Areas with love are Hot Spots. Homes in these areas sell faster than other areas. So where's the love this month?

Based on recent activity these are the top 5 areas to buy/sell a home in February.


West Valey City 84128   $250k - $300k
Search Available Homes          History

Salt Lake City 84105      $500k - $750k
Search Available Homes          History

Salt Lake City 84103      $200k - $250k
Search Available Homes          History

Salt Lake City 84105      $200k - $250k
Search Available Homes          History 

Sandy 84093      $200k - $250k
Search Available Homes          History
 
View the Love Level for all areas here

The exciting news is that love is in the air and love is increasing in real estate! It's been a difficult spell, but the love is returning. We're seeing more homes coming on the market, but the inventory is still low. How come? Because homes are selling just as fast as they are being listed. Keep up on the current market stats here.

We've all learned the hard lessons of love lost, and missed opportunities. The market is great right now and interest rates can't get much lower. So feel the love, and don't miss this great opportunity!