About Greene County, OH

Many new construction homeowners think the city, government, or even the builder will ensure that the construction of your home is being performed at the highest quality and attention to detail. This simply isn't true. The city enforces minimum building codes. Although the minimum complies with the law you paid maximum price and should be confident that you are getting what you paid for. It is important that an inspection by an independent third party and be performed a three significant milestones.

1) After the foundation has been completed

2) Pre-drywall

3) Prior to close to create your punch list.

New construction is an endeavor that shouldn’t be taken lightly. Once you’ve accepted the property and the 1 year warranty has expired you inherit any and all problems that could have been caught in one of the aforementioned inspections. In addition, the buyer should not rely solely upon the assistance of the rep that sits in the model and takes your order. Many of the assistance are not licensed and represent the interest of the builder.

One common misconception I often hear with new construction buyers is that if they were to use a Realtor in the purchase of a new construction home that it would somehow cost more to purchase the property. In fact, the truth is just the opposite. Most builders have already factored in the cost of any commission that would be provided to the buyer’s Realtor as a known cost of sale. So if a buyer doesn’t bring representation then the builder gets to pocket that money you paid as profit.

Bottom line, protect yourself. You owe it to yourself to ensure you are well informed and making the best decisions possible. Don’t go into a new construction project unarmed and alone.

Real Estate is local. Understanding what you're market is doing is very important to both buyer and seller. The Beavercreek Market is unique because it has two markets North and South. This information communicates the pulse of the Beavercreek Market as a whole at a given point and changes DAILY! Your Realtor should know and understand this statistical information to be able to effectively market a seller's property or for suggesting bracketed offers for their buyers.

Beavercreek Combined Market Summary Report - November 2008

North:
Absorption Rate : 0.8 month supply on market
Activity Index : 151.1 Activity Index

South:
Absorption Rate : 1.1 month supply on market
Activity Index : 113.1 Activity Index

If any of this infomation is foreign to you as a buyer or a seller feel free to contact me and my team can explain exactly how this information will be of a benefit to you.

Well we’ve all been told that a majority of buyers start their search for a home onthe internet and we’ve all been scurrying to capture a share of that market. Websites, SEO efforts, lead capturing companies and host of other concepts have all but filled our minds with the grandeur of fueling a portion of our businesses with an ample supply of buyers, but what do we really get with these internet opportunities; leads like asdf jkl; and Mr. & Mrs. Smith with a bogus 789-777-9311 phone number.

What I want to discuss is the buyer’s mindset. What scares a buyer into submitting erroneous information in our forms? The answer has to be fear. So what are we doing as a business that makes a buyer beware on the buy side? With buyers it is a win-win proposition. The buyer gets a professional that signs up to protect their interest at absolutely no cost. So why in the world would a buyer sign up and put Fred Flintstone as a contact? Perhaps they are truly just looking for fun just to see what’s out there. Perhaps they are dream building knowing that they can’t qualify for that house—so they think. Maybe they think the listing agent will take care of them since their sign is in the yard. Whatever it is these folks aren’t raising their hand for the much needed help in one of the biggest purchases of their life.

So, as a buyer I agree I need to scrutinize anyone I’m working with. I need to check referrals of past clients. I need to know that whomever I work with they are able to provide me the necessary INFORMATION and REPRESENTATION I need in this transaction. Outside of that the only thing to fear is fear itself!

It's important to carefully look at your neighborhood activity, before deciding on a price for your house.

What you paid for the house + improvements you have made to the house DOES NOT EQUAL the selling price of your house.

You should seek out a Competitive Market Analysis (otherwise known as a CMA) of your area, take a look at active, expired, pending and sold listings.

The active listings are obviously your competition.

Take a look at the expired listings and be sure you don't follow their lead on price, since you actually want to sell your house, instead of it expiring.

The sold listings is where you should focus when setting your price. List your home no more than 4% higher than the reality you see in this section and you will get an offer far sooner than the average days on the market.

The other option is to price it higher, then lower it in a few months to get the same amount you could have sold it for in the beginning. Only after it's on the market for a long time, buyers try to come down harder on the older listings.

The more similar the homes are in an area, the more consistent the selling price will be.

Take a look at price per square foot. This will help you get to your price in an area where homes are not as consistent.

Hope this helps!

Dear Agents,

Are you getting ready to sell a home and don't know what to give your clients for a home warming gift? Have you ever thought of giving them new pillows for their first night in their home? If you like this idea then check out LizziesPetBeds.tripod.com . I don't only making Pet Bed's but Pillows as well. It would be a great gift to make for your clients and I can have them made by the next day for you. (It would be great to have more notice then that, but we all know it happens with last minute planning.) You can make the pillows special for your clients if you find out their favorite color, favorite sports team, what color they are thinking of painting, or just what you think they would like. Its amazing how well you get to know your clients just from working with them for the amount of time you do.

So give the gift of new pillows for a new home!!!

Lizzie's Pet Beds and Pillow Wows

LizziesPetBeds.Tripod.com

LizziePetBeds@yahoo.com

Thank you for your time

Lizzie :)