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Home Renting

Renting

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Tax Issues When Renting Out a Room in Your House

Renting

Tax Issues When Renting Out a Room in Your House

Kenya Homes - April 16, 2020

Pros and Cons of Renting to Students

Renting

Pros and Cons of Renting to Students

Landlord's Responsibilities to Their Tenants

Renting

Landlord’s Responsibilities to Their Tenants

While a landlord or property manager can manage any type of investment property, there are certain property types that are more common to each.

Renting

Renting From a Landlord or Property Manager

Moving Out of a Rental: The Important Steps

Renting

Moving Out of Your Rental: The Important Steps

How to Find an Apartment With a Real Estate Agent's Help

Renting

Find an Apartment With a Real Estate Agent ‘s Help

Kenya Homes - March 30, 2020

Buying an Apartment Building Is Easier Than You Think

Renting

Buying an Apartment Building Is Easier Than You Think

Kenya Homes - March 16, 2020

Your Landlord Might Enter Your Property When You're Not There

Renting

When Your Landlord Might Enter Your Property

Kenya Homes - March 3, 2020

How Renting Out Your Spare Room Can Backfire

Renting

How Renting Out Your Spare Room Can Backfire

Kenya Homes - February 25, 2020

Renting vs. Owning a Home: What's the Difference?

Renting

Renting vs. Owning a Home: What’s the Difference?

Kenya Homes - February 25, 2020

Successfully Renting to a Friend or Relative

Renting

Successfully Renting to a Friend or Relative

Kenya Homes - February 14, 2020

Renters likely to struggle with paying for basic needs

Renting

Renters likely to struggle with paying for basic needs

Kenya Homes - January 22, 2020

Do Real Estate Agents Deal With Rental Properties?

Renting

Do Real Estate Agents Deal With Rental Properties?

Kenya Homes - January 16, 2020

The Best Time to List Your Rental Property

Renting

The Best Time to List Your Rental Property

Kenya Homes - December 16, 2019

How to Figure out How Much You Should Charge for Rent

Renting

How to Figure out How Much You Should Charge for Rent

Kenya Homes - December 11, 2019

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1,000 square foot apartment covers 1,000 square feetIndustry

Why Size Matter In The Real Estate Industry

October 1, 2019

If you're putting your home on the market, especially if you live in an area where prices are going up and buyers are competing for homes, you may be tempted to try listing it at a high price. Don't do it. Experienced real estate agents will tell you that pricing your home appropriately from the beginning is critical to getting it sold quickly and at the best price. Research shows that overpricing your home and then dropping the price several times while it languishes on the market usually leads to selling it at a much lower price than what you originally should have asked for it. The longer a home stays on the market, the deeper the discount is likely to be off the original price. Related Articles What Is a Listing Agent? Why a Home Sale Hinges on Agent's Expertise How Much Does It Cost to Sell a House? Here's a Reality Check How Much Is Your Home Worth? For example, according to McEnearney Associates, a McLean, VA, real estate company, homes that sold in August 2013 within their first week on the market sold for an average of 2.08 percent above list price. Homes that lingered on the market for four months sold for an average of 11.53 percent below their original price. How to price your home correctly Many homeowners want to set their list price based on what they paid for their home, the balance of their mortgage, or on the profit they want to make so they can move into another home. In reality, your home is worth only what the market will bear. If you price your home too high, some potential buyers won't want to look at it at all, while others will simply walk away without making an offer. If you're interviewing several real estate agents to choose a listing agent, you may be tempted to pick the sales professional who suggests the highest price for your property. But sellers, like buyers, need to beware. The real estate agent who provides the best comparative market analysis and explanation of how your home should be priced will be more likely to sell your home quicker and for a higher price than someone who tells you only what you want to hear. A comparative market analysis should include sales prices for similar nearby homes that sold in the last month or two. In addition, many real estate agents include prices for homes currently on the market that will be your competition, as well as homes taken off the market because they didn't sell. Other data real estate agents can use to suggest a price range include how many days homes were on the market at various price points and the average difference between the list prices and sale prices on homes that have sold. Your real estate agent can help you estimate who might want to buy your house and what else those buyers are looking at so you can measure your price against the competition. A knowledgeable real estate agent can factor in all of these issues in the context of your local market conditions, including whether home prices are rising or falling and whether it's a buyer's or seller's market. Choose the right professional to help you with your home sale and then listen to your real estate agent's advice and your transaction is more likely to go through quickly and smoothly from the beginning.

Your First Home Asking Price Is Crucial

January 8, 2020

Rent Defaulters

Rent Defaulters May Soon Be Listed With CRB

March 8, 2019

Rights as a Tenant

Real Estate Investing in the Age of Bitcoin (and other Cryptocurrencies)

April 2, 2019

HOT NEWS

Ways to Cover Up Bad Rental Apartment Flooring

Home Improvement

Ways to Cover Up Bad Rental Apartment Flooring

The importance of signing lease agreements

Home Improvement

The importance of signing lease agreements

Home Improvement

Home Staging Ideas To Sell Your House Fast

What Auction Bidders Need to Know

Real Estate

What Auction Bidders Need to Know