Luxury Home Market Q and A

Wade Blog, Buyers, Featured, Sellers

What is the starting price for a luxury home in your market? WH – Compared to the West Metro, I think the East Metro is a bit more affordable when it comes to “luxury”. I would consider a home priced over $500,000 to be high-end in this area. How would you describe the pulse of the luxury market? WH – …

Marketing Luxury Properties

Wade Blog, Featured, Sellers

Marketing luxury properties is all about identifying the key characteristics that make a home unique, finding the home’s story, and telling that story to the right prospects. Most agents take the cookie-cutter mass marketing approach with a luxury property.  This is very ineffective and a waste of time and money. Targeted lifestyle marketing helps to sell the home more quickly …

How Do Home Sellers Compete With New Construction?

Wade Blog, Home Improvement, Sellers

The Woodbury new construction market is HOT right now.  Sellers are losing buyers to the “shiny new product” on the market.  So how do you compete? First, you can compete with the price. New construction typically is much higher in price per square foot. Price your home at fair market value and don’t think you need to allow room to …

Don’t Wait To Sell!

Wade Blog, Buyers, Featured, Sellers

Many people assume that most housing sales occur during the spring and summer months, but that’s not the case. In fact, according to data from the National Association of Realtors, dating back to 2000, the winter and fall months are the months with the most home sales. Spring and summer may seem like the best time of year to catch …

Luxury Lake Home Buyers and Sellers 2011 Forecast

Wade Blog, Buyers, Market Data, Sellers 0 Comments

Is the worst behind us? Fortunately the luxury market has sustained the recession better than any other segment of the real estate economy.   However, I feel that the worst is yet to come – specifically in the second home market.  My theory is that many second homeowners never should have been in the market.  Most Americans that purchased a second …

Luxury Home Broker

Wade Blog, Buyers, Sellers 0 Comments

Are you frustrated with the lack of effort from your agent?  Tired of hearing it’s the market – not me?  So am I! If you are having a hard time selling your luxury home it may be time for a change.  Too many agents’ “marketing plans” involve simply putting your valuable property on the MLS where it sits while they …

3 Things You Can Do Today to Get Your Home Sold

Wade Blog, Home Improvement, Sellers 0 Comments

Why isn’t your home selling?  It could be a number of reasons like price, condition, neighborhood and yes – maybe even your real estate agent.  Here are three quick tips to sell your house today: Price your home ahead of the market.  This means you need to be priced lower than your competition.  Take the time to sort through your …

Foreclosure Alternative: The Short Sale

Wade Blog, Sellers

In these tough economic times homeowners have a lot of tough decisions to make when it comes to selling.  A short sale is a valid option for many.  This article from HouseLogic.com has some great information regarding short sales. Facing foreclosure and tempted to stay in your home until the bank pulls it out from under you? Bad idea. Don’t …