According to our Northern Ohio Multiple Listing Service, which does not include the for sale by owners, there are currently 546 active listings in Parma. The list prices range from 27000 to 375000. Average number of days on the market it 97. Average list price is 126867.
Between August 21 and September 21, 67 listings went into pending or received accepted written contracts. The list prices of those homes range from 39900-239800, Average number of days on the market for those homes was 68 days.
If the market is absorbing 67 properties a month, this would be an indication that we are still looking at 8 months of inventory.
A price reduction might be in your future if you are trying to negotiate a sale before the snow flies!
For more information about buying or selling a home in Parma or in any of Cleveland's Southwest Suburbs, visit our website: www.kochsrealestate.com for more comprehensive information.
Char and Jim Koch 440.289.4271
Less than 10% percent of the homes in this market seem to be selling in any given month.
There are 347 active listings in Strongsville this morning. 27 homes went into pending between August 20 and September 20. (7%).
The prices range from 69900 to 699900. Average asking price is 236880. Average time on the market for active listings is 93 days.
If you are committed to selling your home, ask us or your agent how to adjust your price to help you be in that 7% next month!
For more additional information about selling your home in this market,
visit our website: www.kochsrealestate.com
or call us for more comprehensive information about the Strongsville market.
Char and Jim Koch 440.289.4271
Running with buyers without a pre qualification letter is really tough. First of all it takes so little time for you, as a buyer, to contact a good lender by phone and have a pre-qualification letter faxed to your agent. ( 20-30 minutes of your time and you make your agent happy and have prepared yourself in terms of knowing your own financial limits)
Your agent will need that letter if you find the perfect house on the first outing! Surprise! It happens more and more because many of you have been looking at homes on the Internet for months, going to open houses and doing great research before you ever meet with a Realtor.
No seller wants to look at an offer without one.
More importantly know that your agent is not going to give away your top line. He or she is going to white out the figure for which you have been pre qualified when he submits it with your offer so please don't let that be one of the reasons you are avoidng taking the time to do this.
Did you ever think how your Realtor might feel when you don't have a pre qual letter or drag your feet getting one?
I might think, geez they don't trust me to know their top or bottom line
or I might think, they don't have a clue about how to choose a lender,
or I might think, they might have some credit obstacles they need to overcome which could prevent a deal from ever materializing.
In most cases none of that is true.
So if you find a Realtor you wold really like to work with, one you know will work for you, listen to your concerns, provide you professional advice and negotiate a great deal, get the pre qual letter for him or her. They will thank you for it and you will have started off on the right foot together. No one will have any doubts of the trust you are placing in one another.
By the way if you are a cash buyer which we see regularly with reo properties and fair market sales, you will need to bring copies of your bank statements to verify the funds you say you have and you may be asked to show those again at closing to prove that the funds are still there! AGAIN your agent will white out all the amounts. She or He will not share that with selling side.
BUT FYI we all hold to a code of ethics that says we are showing propertes to buyers who can afford to buy the homes we show.
If you don't want to do those things to help your Realtor, you might want to stick to Internet showings and open houses, until you are ready to really play in the market.
Need a list of what a lender might be looking for in order to pre-qualify you for your new home?
visit our website www.kochsrealestate.com for help when buying or selling a home!
Look forward to hearing from you........we're always looking out for you! Char and Jim Koch
Heh sellers! I know there are alot of sellers in my neck of the woods whose homes still don't look like they are moving. Do you know that when I bring buyers thru your home they ask" how long do you think it will take them to move?" and they mean it because you haven't started to pack. Some of you have it down, you've packed up, put your " extras" in pods to make your homes show like a model, but some of you can take advantage of a few more nice weeks of pleasant weather and either pack stuff up, declutter and head off to Good Will or you can still have a garage/moving sale.
The best thing about having a garage/moving sale while you are on the market is that you will have some traffic at your doorstep. One of your shoppers may know of someone who would love to live in your area. So your job is three fold:
1. clean up your yard, make sure your flower beds look great, yard mowed and trimmed. Send your hubby out to make sure things look picture perfect.
2. clean out your garage and organize it so it looks like you have plenty of storage.
3. start your packing, declutter and sale process.
Counters that house toasters, coffee machines and spice racks silently tell buyers that you may not have enough counter space.
Too many personal items left out send a message that you are NOT packing until you sell. Many of today's first time buyers are jumping into the market because they can afford homes rather than rent apartments, They may not have 60 days to wait for you to move!
Many of us have made basic cleaning difficult because we just have too much stuff to dust and vacuum around.......pack it up or get rid of it!
There's still time for you to have a successful sale and improve the appearance of your home.
And it's a great time for those of you who are waiting for the Spring Selling Season ( which really starts in February!) It will be a little too cold for a garage/moving sale then so why not get ahead of your game plan. Start now so that you will have less to move around while you paint and freshen up your home this winter!
For more information about staging your home for sale, visit our website at: www.kochsrealestate.com
We look forward to hearing from you and would be happy to do a quick walk thru your home with some tips and techniques for marketing your home!
Char and Jim Koch 440.289.4271
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There's nothing better than doing what you love to do for a living. KWCGSW has grown to 70 agents in the past year. If you aren't having a good time in your career, maybe you ought to check out KW
I have spent eight years as a realtor and feel very fortunate to be working in a career that I love.
I graduated from Bowling Green State University in 1971 and Jim graduated from Miami of Ohio the same year. Jim went on to get his Masters Degree from Kent State. At one time, we both taught in the Parma City School System together. Jim retired from Parma City Schools in 2004, and by 2005 had joined me in real estate.
I come from a family of Realtors, my dad was a realtor in the 1950's who went on to appraising. My brother, who is "almost famous" in Strongsville real estate, began his career at 19 years of age with Bob Schmidt and his new development in Strongsville at that time. My mom sold real estate for a few years ( also working for Bob Schmidt). Kind of makes me wonder, how I ever became a teacher!
We have two great kids (both BGSU graduates!), Jim and Beth. Jim lives in San Diego and Beth lives in Chicago. We love when they travel home to see us and love going to see them. For years we have managed to take a family vacation together, and certainly it is the highlight of every year!
Don't miss out on the $7500 in tax credit if you are a 1st Time Buyer who can purchase a home before the July 2009.
Visit our website @ www.kochsrealestate.com or call us for immediate service and consultation: 440.289.4271
September 2008
This month Jim and I begin our transition which merges Kochs Real Estate with The CJ Harrington Home Selling TEAM.
We are proud to join CJ's real estate TEAM in hopes of offering our clients more professional expertise in marketing your listings, greater online exposure and superior buyer focused support. You can be confident that with our new TEAM yous will receive quality service and professional advice from the beginning of your contract until it comes time to close!
More About us...
I enjoy working with first time buyers.(and buyers who haven't bought a home since their first home some 10 or 15 years ago) Not ready to buy, why not ask us how we can help you rent or lease a home in the neighborhood of your choice?
Building the platform for new buyers embarking on their first buying experience constantly tests our ability to help them follow the process from getting their finances in order to getting their utilities turned on!
In the fall of 2006, I became an staging professional. The class staged one of my listings. That listing sold in less than 100 days for 96% of asking price. November, December and January were the bigger portion of those 100 days! Buyers want clean, sleek, and staged properties in this market. Just as in any market,but more obviously so in a market where there are many homes, the best ones will sell first!
other links you may find useful: www.highpointrealestateandhomes.info
www.listahouseinstrongsville.com
www.buyahomeinstrongsville.com
Buyer Testimonial
" Char was informative, friendly, professional and patient as we searched for and purchased our first home. My family and I were relocating from out of state, and she made our search pleasurable. During the entire process, she made me feel as I was always her top priority. I have my dream home. To me - she is top notch in her field and as a person! " ~ Susan Russano
Seller Testimonial
Char listed and sold our home in a "soft" real estate market. She is a complete professional. She was always available for questions and promptly returned all phone calls. We especially appreciated her enthusiasm and genuine concern during a stressful relocation. The overall support, responsiveness, insights and advice we received was simply tremendous. If you want a great Realtor then look no further, whether you are buying or selling, Char is terrific. ~ Barb Abel
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