Let me explain. When home buyers begin searching for homes online, more often than not, they use pricing as one of their main criteria. Many times they will specify a range of prices(a minimum price and a maximum price) for their search.

Let me give an example. Joe Buyer is searching on his favorite Charlotte Real Estate website for the perfect home. He begins by entering a price range of $250,000 – $300,000. Seems pretty typical, right? Well, just yesterday Sally Seller listed her South Charlotte home on the market. It has all the criteria Joe is searching for in a home, it’s even perfect for his budget. Sally was hoping to receive $250,000 for her home. So, for psychological purposes, the agent and Sally agreed to list the home at $249,900. You may be catching on that Sally just lost a huge market of buyers that may never even realize that her home was listed for sale.  Joe will likely miss out on seeing Sally’s home because of a $100 difference in price.  If Sally’s agent had advised her to list her home at $250,000, she would be able to capture buyer prospects searching in the price range of $X – $250,000 and also the $250,000 – $X price range.

As an added bonus, when a home is priced on an incremental dollar amount like $250,000, not only will more buyers be exposed to this home, but it will also be at the very top of some lists.  The homes priced at $249,900 will show up second after any homes priced at $250,000!

In real estate, the old dollar vs. 99 cents is not always the best pricing strategy. Consider how buyers as well as real estate agents will be searching for homes online before you price your home. It might be the key to selling your Charlotte area home quickly and for top dollar!

As always, if you have any questions about selling your home or about the Charlotte area real estate market, don’t hesitate to call of email me!

If you missed the tax credit, don’t fret, now is still a terrific time to buy a home as home loan interest rates are at the lowest point in 50 years!  If you have questions about buying a home or would like additional information about the Charlotte area real estate market, give me a call!

The first change was made to item #15 and was revised as follows: “military” was added to the statment making the revised statement, “COMMERCIAL, INDUSTRIAL, OR MILITARY NOISE, ODOR, SMOKE, ETC. AFFECTING THE PROPERTY?”

On page 2 the following statement was added directly before the Owner and Purchaser Initials and Date: “In lieu of providing a written explanation, you may attach a written report to this Disclosure Statement by a public agency, engineer, land surveyor, geologist, pest control operator, contractor, home inspector or other expert, dealing with matters within the scope of that public agency’s functions or the expert’s license or expertise.”

After July 1st, all buyers should obtain a new property disclosure prior to making an offer on a property. In the event a seller fails to provide the new NC residential property disclosure, the buyer shall have the right to cancel the contract within three days of the effective date of the contract or within three days of receiving the disclosure, which ever event occurs first.

A copy of the State of North Carolina Residential Property Disclosure Statement can be viewed at:
http://www.ncrec.state.nc.us/forms/rec422.pdf

As always, if you have any questions about Residential Property Disclosures, or Real Estate around Charlotte, NC don’t hesitate to call!

The main floor features a great room that would make a terrific home office or media room. You will also find a two car garage and half bathroom on the main level.

The second floor invites it residents to relax in a large great room, with fireplace, that opens to a formal dining room, and a kitchen with upgrades such as hard wood floors and quartz counter tops. A large deck can be accessed from the great room and is ideal for relaxing and entertaining. There is a powder room located on the second floor as well.

Located on the third floor is the Master bedroom which features vaulted ceilings and a master bathroom with separate garden tub and shower, and dual bowl vanity. Down the hallway is a second bedroom that is even larger than the master bedroom. Also on the third level is an additional full bathroom and laundry room.

Urban living at its finest, Ayrsley offers its residents a community complete with restaurants, shopping, parks and a large movie theater. Don’t Miss out on this great deal on a townhome with all the extras!

With the new additions to the federal home buyer tax credit, home owners who have lived in their home for at least 5 consecutive years out of the last 8 years may be eligible to collect a $6,500 tax credit on the purchase of a new home. Now you may be wondering, “well how does that help me sell my current home?” The great news is the federal home buyers tax credit also provides first time home buyers with an $8,000 tax credit when the buyer contracts on the puchase of a home before the end of April 2010 and close on the home before the end of June 2010.

Recently we have seen a large uptick in the number of first time home buyers looking to purchase their first home in time to take advantage of the $8,000 tax credit. This may be a huge help in selling your current Charlotte home!  Because we’re currently in a buyer’s market, you will be able to take advantage of the great deals when purchasing your next home and also collect the $6,500 tax credit, making it a win-win situation!

If you’ve been thinking about selling your home but have hesitated because of the current market here in Charlotte, feel free to give me a call so we can discuss your options. Or, click the “Get Home Value” button to the right to receive a free Comparitive Market Analysis of your Charlotte area home, townhome or condo sent directly to your email.