Monthly Archives: February 2019

Selling your home to millennial and Gen X buyers – Podcast Episode 6

PPM smaller version Podcast - picture - final version 2-13-19

92% of all homes purchased in 2019 will be made by millennials and Gen X buyers.  As a home seller, do you understand this trend and how to successfully appeal to them? This podcast will help you understand this new dynamic; why it’s important and how to be successful as home seller or realtor in this market.  For more information contact Joe Santoro or Nick Santoro of Personal Property Managers at http://www.personalpropertymanagers.com

Should I sell my home to an investor? – Podcast Episode 5

PPM smaller version Podcast - picture - final version 2-13-19

This podcast will share insights into the advantages or disadvantages of selling your home to an investor or flipper and look at things from both sides; the buyer and the seller. For more information contact Joe Santoro or Nick Santoro of Personal Property Managers at http://www.personalpropertymanagers.com

Home Content Liquidation – Who wants my stuff? – Podcast Episode 4

PPM smaller version Podcast - picture - final version 2-13-19

Are you moving, downsizing or settling an estate and want to sell or liquidate the contents of your home? This podcast provides insight into estate sale market for selling pre-owned and used items such as furniture and other personal items, and shares current trends for these items as to what is desirable or not for today’s buyers. For more information contact Joe Santoro or Nick Santoro of Personal Property Managers at www.personalpropertymanagers.com

Estate Sales – Selling your Home Contents – Podcast Episode 3

PPM smaller version Podcast - picture - final version 2-13-19

This podcast will focus on helping homeowners understand how to sell the contents of their home via an Estate Sale and how the process works, and what household items are desirable and which ones are not. For more information contact Joe Santoro or Nick Santoro of Personal Property Managers at http://www.personalpropertymanagers.com

 

How to begin the home Downsizing process – Podcast Episode 2

PPM smaller version Podcast - picture - final version 2-13-19

This brief 10 minute podcast will focus on helping homeowners begin the downsizing and home de-cluttering process. Learn 4 key downsizing process tips. For more information contact Joe Santoro or Nick Santoro of Personal Property Managers at http://www.personalpropertymanagers.com

 

How to Price Your Home for Sale Success – Podcast Episode 1

PPM smaller version Podcast - picture - final version 2-13-19

This podcast offers great tips and advice for home sellers relative to how to properly price your home to maximize sales success and avoid making mistakes. For more information contact Joe Santoro or Nick Santoro of Personal Property Managers at http://www.personalpropertymanagers.com

Top 6 things NOT to Do if you are trying to sell your home

Are you planning to sell your home? Understanding your competition is very important. Understanding the dynamics of the marketplace and what todays buyers want and don’t want is even more important. Unlike years ago, buyers today do not want to do a lot of work on a home that they wish to purchase. All homes, old and new, need some attention to get the home market ready for sale. If you fail to understand this, chances are you will not be able to sell your home or you will risk losing thousands of dollars in the process.

We have listed for you the top 6 things that you should not do if you want to sell your home.

This is part of a continuing series of articles and helpful tips and insights to help you sell and market your home by Nick Santoro and Joe Santoro of Personal Property Managers. Personal Property Managers specializes in real estate sales and marketing, home downsizing, home content clean-out and removal and estate sales. We service Pennsylvania and New Jersey.

Number 1 – Do not over-improve your home
Home sellers often assume any upgrades they make to their home will pay them back in full once they sell, but that’s rarely the case. On average you will recoup just about 64% of the money you spend on renovations once you sell—and certain improvements can actually work against you if they’re undesirable in your market.

For instance, you may want to finish off your basement or put a new deck on your home, but be aware that you may not get a return on your investment or may only get between 50 and 60 cents on the dollar back. For more information, you may want to Google remodeling costs vs value reports for your area.

Number 2 – Do not remodel without proper township permits
Most townships today require a local inspection to obtain a certificate of occupancy. If an inspector comes out to the house and notices major work was done and finds that a permit was not obtained, he may require you to remove all improvements or open walls costing you tens of thousands of dollars. Additionally, sellers are required to complete a sellers disclosure document when listing the home for sale. If it is determined that the seller did not tell the truth, the sale can be stopped and even after the sale the seller can have legal action brought to the by the buyer opening up all sorts of headaches and financial challenges to the seller. So, even though it may be a pain to apply for permits before you knock down that wall or add a deck, this corner-cutting will come back and bite you when you decide to sell.

Number 3 – Do not limit your home sale showing hours
Sure, no one wants to leave their home at dinnertime. But buyers are busy juggling work, family, and looking for a new home. If you limit showings to a few hours on weekends, you might miss a potential sale. Be as flexible as possible when selling your home, even if it’s inconvenient, it will pay off in the long run for you.

Number 4 – Do not overlook first impressions and curb appeal
Even if your home is beautiful on the inside, do not underestimate the importance of the first impression that all important curb appeal has. Make sure your paint job is pristine and your lawn is tidy and mowed. Also replace dead shrubs, prune trees, put out some potted plants, mulch garden beds, and freshen mailboxes.

Number 5 – Do not rely heavily on open houses
Open houses were a great way to sell a house in the pre-Internet era, but these days the vast majority of houses are sold through the internet. Having great pictures of your home and videos are even more important today than ever, as more and more people search for homes at their leisure from their laptop or smart phone. Lastly, open houses today can be risky, giving strangers the opportunity to case your home and break things.

Number 6 – Not listening to your Real Estate Agent or Expert
It’s funny…but when it comes to real estate, haven’t you noticed that everyone you talk to seems to be an expert; from the gas station attendant to your landscaper. But why would you trust the most valuable asset that most families have to someone who is not a licensed professional? Listen the the advice of your Agent. Sure, you no doubt know more about your home than anyone else. But your real estate agent knows more about how to sell it. And your agent may make some suggestions you might not like to hear, like that you need a new paint job or that the asking price you had in mind needs to be lowered a bit. It’s tempting to take offense or just ignore this advice, but if you do, you could risk seeing your house sit on the market and grow stale.

For more insights, tips and videos please visit our Resource Page in the About us tab.

For more information on real estate or home downsizing please contact Nick Santoro or Joe Santoro of Personal Property Managers at 215-485-9272 or 908-368-1909. Personal Property Managers specializes in helping home owners transition from their home of many years into a new community. Personal Property Managers services Pennsylvania and New Jersey and offers downsizing services, estate sales services, home staging, discount full service real estate services via its association with EveryHome Realty. Learn more about Personal Property Managers from our recent News Stories.