Published at Monday, February 11th, 2019 - 19:02:00 PM. House. By .
Mistakes To Avoid When Attempting To Sell Your House Fast :In this housing market, it can be difficult to sell a house fast. These are the five mistakes you need to avoid if you want to have your house sold quickly: 1. Asking Too Much Setting your price too high is the biggest mistakes home sellers are making in this market. Your Realtor may give you a price that they feel the house should sell for that is higher than what it is likely to sell for. Some Realtors inflate their estimate so that the prospect of selling your house is more attractive. There is more incentive to sell your house. Make sure you have a good idea of what other similar houses are selling for in your area. You should be comparing houses with the same number of bedrooms and bathrooms, size that is within about 300 square feet of the size of your house, and similar amenities. Other factors that should be taken into consideration is the amount of time the houses sat on the market before they sold. This brings up another point in that you really should focus mostly on houses that have already sold. Anyone can ask anything they want for a house. What someone is willing to pay for it is an entirely different story. If you want to sell a house fast, you should price your house slightly lower than the others that are on the market. Evaluate your competition. See what their houses have that yours doesnt. 2. Not Being Aware of Your Competition This one is an extension of the last mistake. If you do not know what you are competing with, how are you going to know if you are priced right? Your house needs to priced lower than a house that has more upgrades. These upgrades include things like granite countertops, hardwood floors, new energy-efficient windows, new mechanicals, and just about anything else that buyers will find more appealing. You can compete by offering your house at a more attractive price. Visit open houses to get a sneak peak at your competition. Take note of anything theyve done to make the house more appealing that you might be able to incorporate. If there are not a lot of open houses taking place, you can have a Realtor show you the houses. 3. Being Stubborn Do not be the seller that is unwilling to negotiate or give concessions. Buyers want to feel like they are getting a great deal, especially these days. It is a buyers market and if you dont accept that, you shouldnt be selling your house. Even if you feel like you are giving them a good deal, you have to be willing to give a little. It doesnt have to be price that is sacrificied, you could offer to throw in some appliances or furniture that they might like. Get creative. If you are not getting showings and youve done your homework and know the house compares favorably with your competition, your best bet is to reduce the price. Do not be stubborn and refuse to budge. Your house will just sit and the costs you accrue while your house is the on the market will likely exceed what you would be giving up with a price drop. 4. Not Having The House In Sellable Condition Buyers are extremely picky these days because they can be. With a high number of houses for sale and lenders tightening their lending criteria, this is inevitable. You will need to make sure that your house is in move-in condition. Replace rotted wood, repaint inside and outside, update anything that is dated (including 90s style wallpaper and fixtures). You will need to make your house stand out and make the people viewing it feel like they can see themselves living there. Some things can be done relatively cheaply that will provide big improvements. Paint is the cheapest thing you can do that will bring the biggest returns. You can update cabinets simply by replacing the handles and knobs. Clean the windows. This always helps with the impression the house makes. If you cant afford or dont have the time or energy to complete necessary repairs, you will need to adjust your price accordingly. Most of the time the price needs to be reduced more than the repairs would cost due to the fact that buyers will want a good deal because of the hassle and unknowns that come with remodeling a house. Working with contractors can stress anyone out. 5. Refusing To Consider Selling To The We Buy Houses People If your house needs repairs that will scare off buyers, you really need to consider getting an offer from real estate investment companies that advertise We Buy Houses . These companies typically pay cash and buy houses as-is. This allows you to sell without providing any warranty or doing any of the repairs. Even if the house does not need repairs, they will make an offer to buy it so that you can sell the house fast. If youve inherited a house or just evicted some tenants and want to avoid renting the house again, real estate investors may be your best best. You can have an instant buyer rather than putting it on the market and having to have showings to try move it. These house buyers will make an offer and you can either accept it or not. Why not try them out and see if you could save a lot of time and hassle? The tradeoff with using a house buying company is that they typically need to buy the house below market value as they are buying for investment purposes. Its better to know this upfront. Most We Buy Houses websites do not mention this. For a lot of sellers this tradeoff is well worth it to avoid the hassles of selling a house in this market. Hopefully you can avoid making these mistakes while trying to sell your house fast. Understanding what to avoid will put you far ahead of the competition. Good luck with the sale of your house.
Facts About the Four Major Feng Shui House Types : Classical feng shui students learn about the four major house types within the first few days of instruction. These houses are described in broad brush strokes. Two of the four are supportive for health and relationships and two are not. Two of the four are supportive for financial luck and the other two are not. But to place too much emphasis on these four categories of house types, is like judging a book by its cover or a painting by its frame. In the 20th century, these four house types were given catchy descriptions, translated from more non-literal Chinese terms, whereby we have one house type that is now labeled good for people/good for money (aka Wang Shan Wang Shui). The exact opposite house type is referred to as Reversed, as in the reverse of the best house. Then there are the two mixed house types, with one being deemed good for people/bad for money (Double Sitting) and the other one good for money/bad for people (Double Facing.) In reality, we know that life is more complicated, and yet we all know someone who is wealthy, but unhealthy or wealthy but very unhappy. We also know of people who are strong physically and mentally, with loving family members and close friendships, but maybe chronic financial struggles. So it is easy to assume that these four major house personalities cast their influence on the occupants to create these real discrepancies. In studying Xuan Kong Fei Xing, there are actually 144 different house charts, but these 144 flying star charts can all be grouped into the four major categories. These categories are determined based on when a house was built and what direction it is sitting or facing, so it is not like seeing a house with certain physical characteristics which would be so obvious. One of the most frustrating things I encounter frequently is a prospective client who wants me to assist them in house hunting and they have heard about this good for people/good for money house and they only want to live in that house type and no others. This is a very myopic way to go house hunting since what qualifies as good Feng Shui overall is based on a lot of criteria which is not determined based solely on the houses orientation or year built. In fact, there are so many instances when a floor plan lay-out is flawed, that it seriously undercuts or over-rides the nature of the so-called best house of these four major categories. For example, I had one client whose house was deemed this Wang Shan Wang Shui (good for people/good for money house type.) Meanwhile, the actual floor plan demonstrated that the bedrooms, entrance and home office were in the worst parts of the house. To backtrack a little, it should be understood that no house on the planet has all inherently positive areas. On average, there are about four of the total eight basic directional zones in any structure that are considered better or worse than the others. Here is a specific example: For a house which was built in 1985 and facing south between 160-170 degrees, the best locations (in the flying star chart) will be in the northwest, north, northeast and east sectors. The other directions (west, southwest, southeast and south) are not as inherently positive in the current times for that particular house type. So at this point, we have not even studied the floor plan. We are just speculating about the most positive influences for that one house, being one of the 144 total flying star charts to consider. So with this house in mind which was supposed to be so good, that client had perpetual financial problems, marital woes, problems with his children, legal issues, kidney problems for both husband and wife, as well as a serious burglary where they lost valuables totaling $100,000.00. So, I would not call that a good for people/good for money house. In contrast, I have a client who enjoys world-wide fame as an actor in TV and film and yet he lives in a Reversed house type, which is supposed to be bad for people and bad for money. He has a happy home life and does quite well in his career which has spanned more than 30 years. So, how is that possible? Well, aside from destiny which over rides Feng Shui, this man happens to naturally dwell in the most positive parts of his house instead of the most negative parts. His bedroom and office and convenient back door entrance totally support his good fortune. This is why I sometimes beg my clients to provide me with a floor plan when they are house hunting. So many people get the mistaken impression that all I need is an address, to look up the year built and compass reading on the internet. Without a floor plan to study, about 80% of the information is missing or based on guesstimates. So, now I hope I have well established that the four major house types cannot and do not predict exactly what kind of fortune or misfortune the occupants may experience. The basic house type must be collaborated with the unique floor plan, and understanding of qi flow, the impact of the immediate exterior environment and even personal compatibility with the house based on the occupants birth data and occupation. The lesser known fact about the four major houses styles still eludes many long time practitioners. And that important fact is that the four house types do not retain their status into perpetuity. Many practitioners assume once a Reversed house, always a Reversed house. And they assume the same fate for the other three house types. But this is actually, technically not so. What established the four major house types to begin with is based on criteria relevant to the Period in which a house was built. Once a house surpasses its own Construction Period, it relinquishes its title as one of the four major house types. For example, Period 5 was from 1944 through 1963. For houses built during that 20 year Era, they are referred to as Period 5 houses. However, they are no longer the Wang Shan Wang Shui, Reversed, Double Sitting or Double Facing house type that they originally were. In each 20 Year Era, there are sixteen different house types based just on orientation and then they get further grouped into the four major house types. However, after 1964, those Period 5 houses ceased to be defined by those definitions. In Period 8, which is from 2004 through 2023, we have houses built during this time frame which are correctly classified as one of the four house types, but those terms will end in 2024 when Period 9 begins. At that point in time, only Period 9 houses will qualify as one of the four major house types. Houses from all other Periods are exempt. We have 9 Periods that each last for 20 years. This means that most houses are not one of the four major house types, even though it sounds like a category that all would fall into.
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