Four Selling Mistakes to Avoid in Phoenix

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As a tailored agent, I’ve come across some huge real estate mistakes in the Phoenix area. Often, these mistakes are easy to make but even easier to avoid. Check out four common ones that happen with home sales.

  1. Trying to sell your home on your own. The market has changed significantly in the past ten years. The Internet has changed how the industry operates. If you go FSBO, you miss tons of exposure, especially with international buyers. Arizona has a high international sale volume!
  2. Overpricing your home. Overpricing your home is like it’s not even for sale. It won’t sell if it’s priced out of the market.
  3. Using lousy photos. Before, the first showing happened with the first people visiting your home. Now, the first showing begins online with photos of your property. If the photos aren't crisp and polished, agents and buyers will overlook your home for one that’s presented better.
  4. Not cleaning up the landscaping. Cleaning up your landscape can do wonders! I don’t know how many times I walk through a nice home where the yards aren’t tended to.
These are the four common mistakes we experience. If you have any questions about these mistakes or want to sell for top dollar, give me a call or email today! I'm happy to help and serve you.

5 Lessons We Learned from the Housing Crisis

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Looking to Sell in Phoenix?  Get a free home value report

Recently, I read an interesting article about what we learned from the housing crisis. I wanted to share these five financial lessons with you today.

1. Your home isn't always an investment. In 2005 and 2006, people were wildly speculating. No one had really seen home prices go down. Now, we are aware that value will go up and down over time.
2. Every homeowner should have an emergency fund. Back in the day, there were all kinds of sketchy loans: 100%, no money down, etc. It's important for homeowners to have an emergency fund for any repairs that you might need to make to the home.

3. Be aware of risky mortgages. Interest rates still are historically low, but they will increase next year. If you're buying a home now, lock in that low rate on a 30-year fixed mortgage.
4. Buy what feels comfortable. Things change. You might get a new job in a year, or start a family, or need to downsize. Buy what feels comfortable to you now.

Homeownership isn't for everybody. If you have to travel or move around a lot for your job, you might be better off renting. It really depends on your situation.

If you have any questions about today's video or real estate, give me a call or send me an email. I would be happy to help you!