For Sale

Monday, February 20, 2017

Estate

Estate: Real estate is an art as well as a science. Once you have learned how to choose investments wisely, you must learn how to become wealthy as the result of real estate ownership. Luckily, you …

Insights into Selling or Buying Real Estate





When making real estate investment decisions, whether buying or selling a rental property, a vacation home, or a timeshare, it’s important to understand the market and the customary procedures. Properly analyzing your target property and understanding the process of negotiating and purchasing real estate, before you put down your deposit, can be the difference between a rewarding experience and a terrible one. Learn more..: Insights into Selling or Buying Properties

Thinking about buying or selling a second home? Whether you’re looking for an investment property, a getaway, or a place to eventually retire, plan...

Highlighting your home’s features and allowing potential buyers to see themselves living there can be very effective in generating an offer. From furniture to lighting, making sure your home is properly staged can be the difference between your house staying on the market forever and an instant sale.

Staging is all about allowing potential buyers to see your house in its Sunday best. The goal is to spruce it up to sell quickly. Think of the money you invest in staging as an investment in the sale. It doesn’t have to be a big ordeal. 

These tips can help get you started:

  • Remove clutter and personal items. These can distract prospective buyers from seeing the maximum potential of your home.

  • Assign each room a purpose. Take that dining room/game room/junk table and bring it back to its full glory.

  • Figure out your budget for rentals and decor. You don’t need to spend a fortune to make your home look like a million bucks. Renting decorative pieces can be the key to inspiring potential buyers.

Some of us enjoy homes full of color; most buyers do not. As part of your staging, make sure your home’s walls are covered in neutrals and clean-line art. To keep on-trend for 2017, try a cool gray — builder beige is so 2016. Gray works well with cool and warm tones, making your furniture, window fixtures and accents easy to design around. Dress your walls in pieces that show landscapes or graphic lines. These evoke just the right lived-in feeling.

Consider adding color to cabinetry and trim. Today’s trends allow for your bottom and top cabinets to be different colors, however, make sure the colors are complementary, such as white and gray. And while you’re inspecting your cabinetry, don’t forget about the hardware. Drawer pulls and knobs should either match each other or coordinate.

After you’ve established your base colors, turn your attention to tabletop. One way to tie your exterior to your interior is by inviting natural elements inside. Wood bowls, twig-inspired side tables, candle scents of lavender or spruce all enhance a space without being overly woodsy. To be on trend, focus on repurposed or resurfaced natural elements. These details will be attractive to potential buyers and help them see themselves in the space.

Lastly, lighting. You cannot highlight your home without proper lighting. Say goodbye to those dull overhead bulbs and hello to LED. When reviewing your home’s lighting, make sure the correct fixtures are installed in each space. There’s nothing worse than a room with great features that you can’t see because of poor lighting.

Don’t feel like you have to go out and rent all your staging pieces. Though this is true in some cases (e.g., a space that has no furniture), you can absolutely work with pieces you already have. It’s all about analyzing and assessing your inventory. Let’s say your sofa’s a dump but your coffee table is in pristine condition. In this case, you can just rent a sofa and leave the coffee table. Make sure that when you’re creating your staging list that your pieces coordinate. Remember our color rules above.

Another misconception with staging is that your entire house needs to be staged. It doesn’t. Invest your staging budget in high-traffic areas — kitchen, family room, master bedroom and bathrooms should all be on point. Buyers “put themselves” in these rooms the most and if the potential buyers can’t envision themselves there, they’re less likely to buy.

Staging isn’t just an inside job. Think about all the buyers who judge a house before they even walk in the door. You can often impress buyers with professional landscaping and a crisp coat of paint. You don’t have to invest a ton in curb appeal to make a splash. Think of it as taking your home through the carwash and adding a topcoat. Make your home stand out to potential buyers for all the right reasons. With a little staging, you’ll be fielding offers in no time. 

Staging is a piece of the home selling process that you can easily do on your own, but it doesn’t have to be the only aspect that you can do without an agent. Selling your home with ForSaleByOwner will give you more control over the process, and you’ll save some money, too!


Home sellers save an average of $14,000 on their home sale using ForSaleByOwner. With interactive tools and guides, marketing exposure to millions of buyers and services that help you photograph and price your home, selling isn’t just easier than trying to share the shower, it’s easier than you think. List your home for sale on ForSaleByOwner.  If you're buying or selling real estate, you owe it to yourself to click here!

Insights into Selling or Buying Properties


Thinking about buying a second home? Whether you’re looking for an investment property, a getaway, or a place to eventually retire, plan to take these seven important steps. If you’re buying or selling real estate, you owe it to yourself to click here! Properties – OlayinkaOyelamiGroup

Thursday, January 26, 2017

Hilton Completes Spin-Off of Park Hotels & Resorts, Hilton Grand Vacations – OlayinkaOyelamiHotels



Hilton Worldwide announced Wednesday that it has completed its spin-off of Park Hotels & Resorts (Park) and Hilton Grand Vacations (HGV). The move results in three independent and publicly-traded companies. Hilton said that Park, a real estate investment trust (REIT) and HGV, a timeshare company, will begin “regular way” trading on the New York Stock Exchange Wednesday. Read more...

Hilton Completes Spin-Off of Park Hotels & Resorts, Hilton Grand Vacations – OlayinkaOyelamiHotels

Sunday, January 22, 2017

Hilton – Olayinka Oyelami Hotels



The BEST OFFERS of the moment from Hilton Hotels & Resorts! Save up to 20% at thousands of hotels worldwide, across 6 Hilton brands, when you book in advance. Plan Ahead & Book Now! Hilton – Olayinka Oyelami Hotels

Saturday, December 3, 2016

Why pay a real estate agent to market your property when you can do it yourself with the right resources and a little coaching? Learn home-selling process step by step and links to other sources of information.


Selling a home brings on a whole slew of questions and, sometimes, anxieties. How much is your house really worth? What if you set the price too high or too low? Are you willing to pay a 5-6% commission for an agent's help? Should you repaint or remodel before putting the house on the market?

Because no one knows your home better than you do. Why pay a real estate agent to market your property when you can do it yourself with the right resources and a little coaching? Selling by owner allows you to control costs and fees, and recoup more of the home equity you’ve worked so hard to build. Consider this: A homeowner selling a $300,000 house through a full-service real estate agent could expect to be charged a 6 percent commission (approximately $18,000), plus additional fees. Not only can you hang onto that money selling by owner, you retain complete control of your listing.


Learn about home-selling process step by step and links to other sources of information.

Step One: Decide How the Local Market Will Affect Your Sale

Hot or cold? A "hot" market is one in which there are more buyers than sellers, so the buyers are competing with each other and driving up prices. A "cold" market is one with more sellers than buyers, so the buyers can be choosy and bid low. In a hotter market, you can price your house aggressively. In a cooler market, setting the price at or a little below market value is best, so that the house doesn't stagnate on the market.
Do some research. Don't rely solely on the national headlines -- even in the coldest of national markets, for example, houses in some neighborhoods or cities continue to hold their value and even attract multiple bids. Chatting with your neighbors can teach you a fair amount about the heat of the local market. Also, read your local newspaper's real estate section and talk to real estate agents you meet at open houses.

Step Two: Use Comparable Houses to Set Your List Price

What is a "comp"? The best source of pricing information comes from houses directly comparable to your own. In the real estate industry, a "comparable," or "comp," is a house with similar features, preferably located near yours. When identifying comps, look for houses with the same number of bedrooms, bathrooms, and other amenities.
Check current listings. To get comps, visit open houses, read classified ads (in print and online), and check out websites containing real estate listings. Websites that publish the Multiple Listing Service (MLS) are particularly helpful, such as www.realtor.com, by the National Association of Realtors (NAR).
Review actual selling prices. Of course, list prices don't tell you how much houses ultimately sold for -- that's the comparable data you really need. In a hot market, houses might go for well over list price, and vice versa. Do some research at websites that collect this data, such as Zillow or Trulia. This information will also help you decide which of the incoming purchase offers are realistic.
Do your own homework. Don't wait for your real estate agent, if you work with one, to put a dollar figure on how much your house is worth. For one thing, less scrupulous agents may inflate their estimates to capture your business. More important, you want to be educated about your house's real value so you can work intelligently with your agent and make rational decisions when negotiating with buyers. Most agents will suggest a price range for you to work with, and it won't help if you simply choose the highest number in the range, without having done your own research first.

Step 3: Assemble Your Team of Professionals

Most sellers prefer to work with a real estate agent or a lawyer at some point in the process. (In fact, in a handful of states, a lawyer must act as an integral part of negotiating and closing the sale.) Real estate agents usually charge a commission -- on average, about 5-6% -- to be split between your agent and the buyer's agent, if any. Lawyers normally charge by the hour, around $200 per hour. Need a Real Estate Lawyer?
Despite the costs, experienced, responsible professionals can ultimately save you time, money, and aggravation. Unfortunately, there are plenty of incompetent or unethical ones out there, too. Take the time to get referrals from friends, and meet with a few prospects before you hire anyone.
Or, if you're organized, good with finance and legal issues, and have some time to spare, you can sell the house on your own, and save the commission. For more on whether and how to get outside help, see  Do You Need a Real Estate Agent to Sell Your House?

Step 4: Make Your House Look Its Best

Before putting your house on the market, make it look as attractive as possible -- buyers will pay thousands of dollars more for a house they like the look of. Usually you don't need to do a major remodel. A fresh coat of paint, however, can brighten your home's prospects considerably.

We’re glad you asked! We’re on a mission to empower sellers and buyers with all the resources they need to sell or buy properties directly. With a suite of easy-to-use marketing tools that advertise listings across a network of top real estate websites and the Multiple Listing Service (MLS), how-to guides and live customer support, we’ve been the leading “by owner” real estate website in the U.S. since 1999.