Insights

JOSEPH-LEWKOWICZ,3

Spend as Little Money as Possible

Selling a home is a huge investment of time. It’s not as simple as vacuuming the floors and washing the windows to have a house ready to be put on the market. However, people tend to think that it does require a large portion of their own money spent on renovations. That idea is simply not the case. The reality is that the smaller changes made to the exterior and interior can make a lot of difference. Things like painting the outside, adding landscaping, and de-cluttering the rooms all help enhance the quality of the home. While there may be a few expensive items to fix, like updating appliances and replacing carpets, it all goes back to how much you are willing to spend to help sell your home. To help figure this out, there are several different options to consider so you can make the most off your house.

Hire an Experienced Listing Agent

This is one aspect of marketing that you should not cheap out on. A cheaper agent may charge lower commissions, but that doesn’t guarantee their marketing strategies or services would bring in more profit for the final sale of your home. An experienced agent will tell you what return you could expect from any personal investment and has extensive knowledge of what the real estate market entails. Plus, they provide pricing guidance based on market supply, demand, and conditions to help the sellers choose the best listing price.

House Pricing

You don’t want to undersell your home, but at the same time, you don’t want to overprice it and turn away potential buyers. To figure out the perfect medium, compare prices on homes sold in the past three months. It will determine what competition there is, what area pricing is in, and what kinds of homes people are buying. It also helps to tour open houses that may be happening in your neighborhood. This gives you time to check out housing trends and see what most appeals to buyers.

Correctly Market Your Home

If you want the phones to ring, it’s essential to have quality marketing. It will make the phones ring and, for buyers, it can amount to whether the house is sellable or if its appeal has expired. Clean and well-taken photos are a great place to start. Take pictures of the front in good daylight, shoot up-close and angled photo’s, show off the space of the property, and clear all items blocking any features of the home. For interior photos, be sure to turn on lights and catch details that might appeal to buyers, like fireplaces and the condition of the floors and countertops. With advancements in technology, it’s now even possible to have virtual home tours! This allows a complete 360 view, providing probably the best overall look of the house and its features.

Real estate can be a risky business and requires a great deal of knowledge. Properly investing in your home should result in you making more than you spent, while still taking pride in what you’re selling.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-701-2030 or visit https://josephlewkowicz.com/

JOSEPH-LEWKOWICZ,2

Seven Quick Tips for Selling Your House While You Are Still Living There

Whether you plan on selling your house yourself or hiring a real estate agent, it’s important to keep your house looking it’s best to sell it quickly. Here are a few quick tips on how to do just that.

  1. Clean up: This one may seem obvious, but it’s harder to maintain than you think. You need to get in the habit of putting things back after you use them. If you leave glasses out or laundry on the couch, that’s all people will notice.
  2. Throw All Your Trash Into One Trash Bin: When cleaning up your clutter, you need to take out the trash or, better yet, stop using the little trash cans you keep in the bathroom and bedrooms. These are often the bins we throw our dirty tissues and q-tips in. These are also the trash bins that get forgotten in the last quick clean up before showing the house. To keep buyers from seeing these items, start throwing all your trash into one bin, that way you only have one to empty.
  3. Make Your Home a Blank Canvas: This means removing any photos of your grandkids or kids and taking down the turkey hand your granddaughter drew from the fridge. Just like you are looking for a fresh start and new place, so are the people viewing your home. You need to clear out those things so whoever is viewing the home can picture themselves in it.
  4. Remove Personal Items You Don’t Want Anyone to See: People are going to be walking through your house and rummaging your draws and desks. This is the time to start clearing out anything you don’t want anyone to see. View this as a packing up, because if you follow these tips it won’t be long before you are moving out.
  5. Display your storage space: So you’ve removed personal items and cleaned up all the clutter, but you still have items you need to store. Often you don’t need to move these items out of the house. Instead, use it as a selling point for buyers. People love to see the amount of space in a house; use that to your advantage.
  6. Prep Your House: When you’re trying to sell your house, you need your house to be ready for staging. Lighting, music, room temperature, all contribute to the final product. Real estate agents may not come in enough time to prep the room to perfection. Remember, you want your house to sell as quickly as possible. In order to make it happen, it needs to be seen from all of it’s best angles.
  7. Maintain or Fix Up the Lawn: The outside of your house is just as important as the inside. If you plan on selling, invest in some landscaping. Keep in mind that this is the first impression buyers are going to get from your home, so it needs to be good.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-701-2030 or visit https://josephlewkowicz.com/

JOSEPH-LEWKOWICZ,1

Be Confident In The Asking Price

There comes a time when you’re going to have to sell your house. And whether it’s the first or third one you’ve bought, it’s going to be difficult selling at the price you want. That being said, when selling your home, make sure you are confident enough to sell at your asking price or else be prepared for a whole lot of unwanted headache.

If you have a high asking price, justify it in a manner that makes it seem foolish to take any less for your home than what you initially offered. Here’s how to be confident in the asking price when selling your house.

Set A Reasonable Asking Price

Pricing your home for its true value is extremely important. And although you’ve spent so much time and money on updating and remodeling, it’s best to be honest with the home’s full value. This means avoiding any emotional decisions or personal attachments that would leave you to raise the listing price. For instance, the room you built an extension in may be important to you, but unfortunately, it won’t be for others. So once you set a reasonable listing price, just know it will be hard for buyers to argue on it continually.

Plus, if you live in a “hot” market, chances are there are more buyers than sellers and prices are most likely being raised because of that high demand. Therefore, if you are confident enough, you can price your house more aggressively.

On the other hand, if you live in a “cold” market, it’s the exact opposite. Buyers tend to be more selective, and pricing usually needs to be below market value to attract an offer. If you are confident in your asking price, however, and are sure that your home is worth that or more, than that will definitely show the buyer it’s a good investment and a good buy.

Highlighting Your Home’s Best Features

Another way to show confidence is by highlighting your home’s many features and attributes that you are proud of or make your home shine. Doing this will only showcase your confidence in the home more because it shows how valuable the home can be. For instance, maybe you’re proud of the newly updated kitchen or remodeled bathroom. If you’re confident in these attributes then the buyers will trust in you and see the house for what it’s worth.

Be sure to highlight your home’s curb appeal. Maybe your home is the only one on the street who has the best looking lawn. If that’s the case, then use that to negotiate with the buyer. Remember, when it comes to buying a home, first impressions have a huge impact. Don’t forget to spend some time landscaping. The first thing buyers will always remember is a clean and well-kept home.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-701-2030 or visit https://josephlewkowicz.com/

JOSEPH-LEWKOWICZ,4

Trends in Real Estate

An important part of starting any business is being aware of the trends that go on throughout the year and knowing what is expected to change. There’s no point in continuing with a business if a person doesn’t ever change up their marketing strategies and promote what’s hot during a certain time of year. This matters dramatically for the housing market.

Changing trends in real estate affect your long-term financial status. Knowing when to buy or sell is an important one to keep tabs on. For example, according to Fortune Builders, 2017’s housing market showed homes being sold quicker than the previous year. This is important to note because another trend in housing for this year was seeing more millennials buying their first home. The U.S. Census Bureau reported that the millennial population is about 75.4 million people, surpassing the 74.9 million baby boomer population. Being aware of this can put home sellers at a great advantage when trying to sell affordable homes out in the suburbs.

It’s critical for investors to evaluate the real estate market so they know what trends to market on in the future. While anything can change, being ahead of the game can make the transition into different trends much smoother. Another reason to stay ahead is so you’re aware of the type of inventory, regarding housing, that is available. Depending on the location and features, prices for homes can increase, decrease, or stall, according to Realty Times. It gives sellers and buyers a clue on what the short-term and long-term prospects are on the house and if it’s better to act now or later, even if it’s better to wait a year.

Realty Times goes on to explain that knowing real estate trends also lets people know what the process of buying or selling a home will be like. If sellers are having a good season, offers on a home are usually expected to be higher. This helps set the listing price, determine how long it will take to sell, and if there may be any delays when selling.

Investopedia makes an excellent point on how it’s necessary for a property investor to adapt. It’s the only way to be ahead of the curve when commercial and residential markets continue to get new trend developments. Another example is how live streaming and live broadcasts are increasing with new technology. This is a huge trend that the real estate market can take hold of. Sellers can provide live streaming from their house and show off the rooms and features, allowing people to watch in real time. This saves time and money preparing an open house and sparing buyers the travel, especially if it’s in a remote area from them.

Trends change practically every few months in multiple aspects of everyday life. Real estate is no exception and being aware of the changes can help ensure a successful home closing!

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-701-2030 or visit https://josephlewkowicz.com/

JOSEPH-LEWKOWICZ,3

Take A Look At Popular Homes In Your Area

Not only is selling a home about price and location; it’s also about selling the most popular feature about it. If you don’t know what yours might be, an excellent way to find out would be to take a look at other homes in your area that are popular.

Ask yourself, what makes them so special? Do they have a beautiful well-kept garden, or an enormous backyard? Then ask yourself, what do I have? Whatever it may be, find your home’s best attribute and make it your main selling point.

But if you are having trouble finding one, here are some things to look for in your home when identifying the best feature about it.

Location
The number one thing sellers can rely on when selling a home is location. Although there is nothing wrong with this, you don’t want to be seen as common. Everyone is looking for a good location, but what about yours in particular that is the best or worth buying?

Therefore, make known that your house is the only house nearest to the supermarket, or it’s the easiest to leave the neighborhood without running into traffic. Identifying these unique features of the home will sell it quickly for sure.

The Site
Aside from location, another good thing to look for in your home is the site or area. If the house is on a hill, does it have a view? Do all the windows face away from looking into the neighbor’s home? If so, these would be great features to announce about the house.

The Neighborhood
Another thing to consider is identifying if your neighborhood is the best feature about your home. Try to think about what kind of area you live in. Are the neighbors friendly? Does it feel safe, or does it look clean? By identifying these features and making it a selling point, it will be a deal breaker for some potential buyers.

The Curb Appeal
Now, the other thing that should impress buyers should be your curb appeal. Look around your house and try to guess what the overall feel of the house is. Do you live a laid-back lifestyle or a more modern one? Understanding the personality of the home will attract buyers to buy the home best suited for their needs and personal preference.

The Kitchen
Lastly, the best thing to make a selling point is the kitchen. If you have a newly renovated kitchen, this can be one of the best things about the house. It’s not surprising if a potential buyer is more focused on the kitchen then the house itself. The kitchen is, in fact, the room most spent in by a family than any other room. It is also the staple of the home, new or old. However, by advertising the new cabinets or island just added, won’t hurt during the selling process.

The key is to identify the best feature or thing about your house, then making that the main selling point of the house. You will be glad you did.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-701-2030 or visit https://josephlewkowicz.com/

JOSEPH-LEWKOWICZ,2

Ask For Advice From Family And Friends

When selling a home, you should never make decisions on your own. Or be alone for that matter. Therefore, always ask for advice from friends and family. This is because sometimes there could be a better option for you out there that your family found before you did.

Moreover, if you have friends or family members who have sold their homes for a good amount, ask them for advice too. Even if they were just lucky selling it, it doesn’t hurt to ask for some pointers on how they did it.

So, here are some reasons why you should seek advice from friends or family members when selling a house.

The Price
The first thing you should ask advice on is about the price. For some, finding the true value of your home can be difficult. You wouldn’t know where to start because you think everything about your home is worth something. But with the right resources guiding you, it can be easy finding out what is your main asset.

Therefore, ask your friends or family member on how they decided on the price they sold it for. In doing so, can help you figure out a fair, but reasonable amount to make money off your home.

The Agent
Another reason to ask friends or family for advice is because they were probably not alone in the home selling process. Meaning, they probably worked with a real estate agent to help sell their home.

Therefore, ask them who their agent was and ask them if you can get in contact with them. This could help you get the best deal for your home because real estate agents have a lot of knowledge about home selling.

The Selling Process
You can also ask your friends and family how it went for them. Sometimes, selling your home doesn’t go the way you planned. Your house is sitting on the market for months, with no offers made. But having a friend or family member that has experienced this before, it would behoove you to ask how the selling process went for them and how they dealt with it all.

It could relieve some stress for you and help you gain some more courage to sell your house.

Refer Back To
Lastly, a good reason to ask family or friends for advice is because you have someone to answer your questions. Sometimes, your partner or agent doesn’t know you like your friends or family knows you. So, when you are having a tough time making decisions, referring back these people or asking for advice is great when selling your home.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-701-2030 or visit https://josephlewkowicz.com/

JOE_NOVEMBER_THUMBNAIL

Joe Lewkowicz November Market Recap Report

The holiday season is a prime time to buy a house with low-interest rates and flattened prices. While the selling aspect does take a slight decline, it is guaranteed to pick up from April to July.

Hiring handy men and contractors often depend on whether a realtor has quality connections. Trying to find reliable workers is one of the bigger issues in the real estate market. Insuring your chosen realtor has decent contractors lined up is an essential part of their services.

Even though Florida winters are not the coldest, there are still plenty of factors that buyers look for in a house. Double pained windows are becoming a standard item in newly constructed buildings. It saves on electricity and proves to be a good investment over the long run, especially if someone plans to live in the house 10+ years. Those who are selling older houses, specifically those built between 1970-1985, that choose to install these windows might not recoup all the money spent on the remodeling, but it is an important piece to have to compete with newer housing.

Fire pits are replacing the desire for fireplaces due to their style and convenient usage. Needing or wanting a fireplace has come down to the buyer’s expectations. There is no need to install a fire pit for the sake of selling unless you so choose. When showing off a house, if there is fire pit or fireplace, make sure they are on and working. Highlighting these items adds flare to the overall design of the house and gives buyers a chance to get the full effect of these add-on features.

For more information, or to watch the full November Market Recap report, visit Joe’s TV Channel: https://www.youtube.com/watch?v=CW9xoUK1Kmo&feature=youtu.be

Pricing averages for the winter season in Tampa do flatten out, but they have increased compared to last year’s prices. Northwest Tampa had roughly 906 sales between September 1st and November 15th with the median price being $310,000, jumping from $270,000 last season. Going into the New Year, the median price is expected to stay the same, but sales might decrease to about 500. For more information visit https://josephlewkowicz.com/livestream

Video Link: https://www.youtube.com/watch?v=CW9xoUK1Kmo&feature=youtu.be
Website: https://josephlewkowicz.com/livestream

JOSEPH-LEWKOWICZ,-1

Make Sure the Marketing is Effective

Whether you market your own home or have a real estate agent do it for you, the marketing must be effective. The listing description for your property—written by you or your realtor—is the best place to advertise what your home has to offer. The right words can do wonders for emphasizing your home’s selling points, while the opposite holds true as well: use ineffective descriptors, and you’ll be selling your property short.

Positive Words
Chances are, the sale ad is the first exposure a buyer will have to your home, and your first opportunity to impress them. These are words you can use to generate a positive reaction right off the bat.

• Beautiful
There’s no understating the impact of beauty. One of the most powerful descriptions in real estate, it should be similarly expressed in photographs of the property.
• Spacious
Plenty of room increases the value of a home in a buyer’s eyes.
• Luxurious
Evokes images of both beauty and spaciousness.
• Landscaped
Describes the exterior in an artful way, especially if you’ve put a lot of effort into the outer design.
• Captivating
People love to have their breath taken away.

Words to Avoid
Some descriptors just fill space or outright negatively affect what buyers will think of your home. Avoid these at all costs.

• Clean
Saying a house is clean adds nothing to its perceived value. You’re selling it; it’s already expected to be.
• Value
Another descriptor that does little to evoke any kind of emotion.
• Small
The opposite of spacious; even if the house is small, draw attention to its finer points.
• Basement Unit
Try “lower level.”
• Motivated Seller
In other words, a desperate seller. This perception can decrease the offers you’ll get for your home.

With only so many words at your disposal, be creative with the way your home is presented in its listing ad. Concentrate on words and phrases that create a positive reaction to the reader while making sure your house is accurately represented.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-701-2030 or visit https://josephlewkowicz.com/

Money from Home 8

Overpricing Your Home: The Dangers

It’s understandable. Your home is your biggest asset and your greatest investment. So when it comes time to sell, you want it to garner in a worthy return. However, while it can be tempting to list your home at a price somewhere above its fair market value in order to allow wriggle room for bargaining, this tactic can backfire. As you’ll learn, overpricing your home can actually contribute to it being sold for a much lower price than you think it’s worth—or not at all.

Asking For Too Much
There are several critical negative effects of trying to price your home too high. For one, it will deter buyers from even considering your property. This is because good real estate agents can tell when a home is overpriced, leading their clients elsewhere. Even a buyer without a real estate agent will see that the home you are selling is far pricier than other homes in the area.

Another disadvantage of overpricing your home is that it will take far longer to sell. In real estate, you generally want to sell your home within the first several months of listing it—failing to meet this time frame will reflect very poorly on your property and may even cause the listing to expire. Buyers pay attention to the amount of time a home is on the market; they will offer less for a home that seems desperate to sell, so you could end up selling the property for even less than what it’s worth.

Additionally, the longer you’re on the market, the more likely it is that the housing market will shift on you. Another result of overpricing is that your home may fail to turn up on internet search results because people are seeking homes at a fair value and not your inflated price. This is why it is so important to temper your asking price. All of these effects ultimately lower the chance of securing the sale.

Pricing Smartly
So how can you prevent overpricing your property? The best way is through the advice of a skilled real estate agent. Agents have a wealth of experience that allows them to analyze current market trends and price your home based on its fair market value.

It’s not a bad idea to price your home a little below its max value just to appeal to a broader pool of potential buyers. Remember, selling your home within the ideal time frame will ensure you receive an offer worthy of its value, and the first impression you make on the market can make your home immediately attractive to buyers.

Keep in mind that the improvements you’ve made on your home don’t necessarily increase its price as much as you’ve paid to improve it, and always have a plan for reducing the price just in case the market changes. Adhere to your agent’s advice, and avoid the temptation of asking for too much. In the end, it’s not worth it.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-701-2030 or visit https://josephlewkowicz.com/

Listing Online 7

Add Value To Your Home

Looking for a way to add value to your home in the long run? Then look into making improvements on your home before it hits the market. Investing money to fix up your home could easily increase your home’s value exponentially.

However, this doesn’t mean spend a ton of money on things you don’t need. Instead spend money on small things like, new floors, sinks, or a fresh coat of paint can turn a skeptical buyer into an eager one. With that being said, here are some tips on how to add value to your home with some major and minor changes.

Home Improvement Projects With The Highest Resale Value
Investing in home improvement projects have the best financial impact when selling a home. Here are a few projects that add more resale value to your home:

The Kitchen
People love walking into a home and seeing a newly renovated kitchen, especially if it’s styled in a modern or contemporary way and all the appliances are updated. This is especially true in older homes, because these kitchen improvements tend to add more value. So, if you want to add value to your home, consider updated your kitchen.

The Bathroom
Next to kitchen remodels are bathroom remodels. Similarly, bathroom remodels are favored when they are updated to look modern or luxurious. This is because modernizing older style bathrooms or sinks usually result in a good return.

Outdoor Improvements
Another home improvement project that has the best resale value are outdoor fixups. This is because your house is the first thing buyers see, you want to make a lasting impression. So by sprucing up the home’s outdoor appearance is a smart investment choice. This is includes the sides, back, and front of the house.

The Roof
The last thing that is a good improvement project is replacing the roof. Although roofs are expensive to replace, some buyers expect these things to be in good condition. Therefore, replacing them won’t dramatically increase resale value, but then again, not replacing them could significantly decrease it.

These were some home improvement projects that could potentially add more resale value to your home. While not all of them are necessary, it’s good to make small changes in the future to increase your home’s resale value. It doesn’t hurt to try, and it definitely doesn’t hurt to look at.

Stress is one of the largest concerns when selling a home. Staging, managing finances and documents, and simultaneously juggling the rest of your life can be completely draining. However, one thing is certain about selling your home: it’s a lot easier when you have a solid real estate agent to handle it. Remember, No-One Works Harder to Sell your Home more than Joe! Contact Joe today by calling 813-701-2030 or visit https://josephlewkowicz.com/