Did You Know That Overpricing Can Reduce Your Home's Value?

Overpricing your home comes with a few different pitfalls. Today, I’ll be talking about three, specifically.

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Sellers, listen up: Don’t overprice your homes.

Doing so can carry a few pitfalls. If you overprice, you won’t receive multiple offers or be as competitive in today’s market. In fact, overpricing your home will eventually reduce its value.

Also, you aren’t going to get as much feedback. This is because fewer buyers will come through the door and check out the home if they see that it’s overpriced.

Overpricing your home will eventually reduce its value.

You don’t want your home to become a stale listing. Buyers have access to a lot of information and technology today, so they know better than to fall for an overpriced home.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

Should You Use Zillow to Estimate Your Home’s Worth?

If you want to get an accurate valuation of your home, have a real estate professional walk through it instead of using Zillow.

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Should you get a home valuation from Zillow?

You can. It’s one way to get a home valuation, but I don’t think it’s the best way.

The best way is to have a real estate professional like myself meet you at your property and walk through it with you so you can get an accurate idea of what its value is.

Zillow won’t take into consideration what upgrades you have. I, on the other hand, can come to your house and look at the upgrades and improvements you’ve made that have added value to it. I can also evaluate its condition compared to the rest of the properties in the area.

Zillow is one way to get a home valuation, but it’s not the best way.

Another thing Zillow won’t take into consideration is the inventory in your area, whereas I can look specifically at how many houses are out there and what’s available in your neighborhood.

Take a look at Zillow if you like, but having a real estate professional walk through your property with you is a much better way to get an accurate valuation of it.

If you have any questions or would like me to come out to your home to figure out what it’s worth, don’t hesitate to call me or shoot me an email. I’d love to help you.

Why You Should Stop Renting and Start Owning

Is it better to rent or own? A lot of people ask this question. To me, the answer seems obvious.

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Is it better to rent or buy?

This is a question on the minds of a lot of people in today’s market. However, it seems like an obvious answer to me. Then again, I’m in real estate.

Nevertheless, I think you might be interested in hearing my insider’s opinion on why it’s better to buy.

First of all, you have the opportunity to grow your credit when you buy. Purchasing a home is a long-term way to have a positive influence on your credit score.

Also, buying a home will build your equity. You may not stay in this house forever, but the equity you build from it can help go towards your future nonetheless.

You have the opportunity to grow your credit when you buy.

We’ve got a wonderful rental here in Colorado Springs. If you move up to a different property after purchasing your first home, you can still keep your current house as a cash-flow property for your future.

Renting out your previous property after moving to your new residence can be a great way to take on some extra income.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.