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Lulu your Maui Realtor and Property Advisor

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WHAT YOU SHOULD HAVE ON HAND FOR THE NEW OWNERS OF THE PROPERTY YOU ARE SELLING

by Lulu your Maui Realtor and Property Advisor

 1. Owners manuals and warranties for appliances left in the house

 2. Garage door opener

 3. Extra set of keys

 4. List of local service providers

 5.  Code to the security alarm if any and phone number of the monitoring service  - unless discontinued

 6. Phone numbers for local utility companies

 7. If it is a condo, condo board information

TIPS FOR BETTER PROPERTY SHOWINGS

by Lulu your Maui Realtor and Property Advisor

If you have a driveway - repair any holes and reapply sealant

 

Add a touch of color in the living room - ie colored afghan or throw on the couch.  New accent pillows for the sofa.

 

Put a flowering plant near a window.

 

Make brightly colored center pieces for your tables.

 

Set the scene with fancy dishes and candles.

TIPS FOR BETTER PROPERTY SHOWINGS

by Lulu your Maui Realtor and Property Advisor

Replace heavy drapes with sheers to let in more light (if possible)

Accentuate the fireplace if you have one

Make the bathrooms feel luxurious with new shower curtain, new towels, fancy soaps and NO

PERSONAL TOILETRY ITEMS IN SIGHT.

Lock up all valuables, jewelry and money.

Leave the property during showings.  Best if sellers are not home as buyers feel awkward to look in

closets and make remarks if sellers are present

WHAT ABOUT A REMODELING CONTRACTOR??

by Lulu your Maui Realtor and Property Advisor

1. Get at least three written estimates

2. Check references if possible

3. Check that the contract states exactly what is to be done and how any change orders will be handled

4. Make your down payment as small as possible in case the contractor fails to perform

5. Finally do not make the final payment until you are sure all has been done correctly

TIPS FOR BETTER HOME SHOWINGS

by Lulu your Maui Realtor and Property Advisor

Brighten rooms with higher wattage bulbs and replace burn out ones

Do minor repairs ie sticky doors, torn screens, etc as this will give buyers the impression that the house either is or is not well maintained.

Tidy the yard.

HOW TO IMPROVE THE ODDS OF AN OFFER ON YOUR PROPEPRTY

by Lulu your Maui Realtor and Property Advisor

Price it right.

Prepare for visitors.

Be flexible about showings.

Anticipate the offers - decide in advance what price and terms you will find acceptable

Don't refuse to drop the price if your property has been on the market for some time without an offer.

Tips for better home showings

by Lulu your Maui Realtor and Property Advisor

Remove clutter and clear off counters.   Also clean out the garage, if any

 

Wash the windows and screens

 

Keep everything extra clean. (wash off fingerprints, mop floors, clean stove and refrigerator.)

 

Get rid of smells  -clean carpets and drapes, open windows to air out the house.  Scented candles will help.

SELLING YOUR PROPERTY

by Lulu your Maui Realtor and Property Advisor

  Real Estate Marketing is a Risky DIY Project

 

 If you are bound and determined to try to sell your  property without the aid of a real estate professional, you will quickly discover that one critical element that can’t be overlooked is marketing. Just planting a ‘For Sale by Owner” (FSBO) sign on the front lawn and taking an 8-line classified ad in the  paper is a good first step—but that’s all it is. Not only must you immediately embark on a do-it-yourself real estate marketing campaign, you will be doing so against competition from all the similar properties which will be promoted by the veteran voices of the real estate industry. It’s a true David and Goliath situation; but Goliath isn’t just a giant—he’s a superbly well-organized giant. If you’re going to be a David, you’d better arm your sling with more than pebbles!

Start with the product you will be marketing. While you are putting your property into top-notch presentation shape, first banish any temptation to overlook areas that need elbow grease or budget dollars to bring them up to top condition. Any defects that go uncorrected will be reason for lowered offers (or no offers at all). Remember that competing properties have  real estate marketing channels open to them, and will have been put on the market after consultation with experienced hands. Your ultimate ace in the hole can only be that of having a desirable property, well-situated and clean as a whistle. But that ace will only be relevant if your marketing effort brings a critical number of potential buyers through the front door!

Another key will be to hire the best real estate photographer on Maui, and on the appointed day, to give her or him reason to relish the day’s project! Photographers are in the business of presenting eye-pleasing products, but they can’t create what isn’t there. On the day of the shoot, arrange to be at the photographer’s side to help clear or rearrange objects that the lens ‘sees’ as superfluous or obstructive. When spaciousness is mission critical—as it is in real estate marketing—less is always more. The pro you’ve hired will be used to working with professional real estate agents (who sometimes pay their fees), so be quick to help where needed. The difference between great professional real estate photos and poor ones taken by an amateur is more critical in a FSBO situation, where the seriousness of the endeavor is automatically subject to scrutiny.

Ditto, the video or virtual tour. Real estate marketing  does not in all instances require a video component—but most FSBO campaigns are launched without even considering the option. What is not optional in any serious offering is a well-written, technically correct  listing, so you should do your best to use every web outlet available to position your offering online, including a web site that facilitates gathering data from interested parties. There are also services that, for a price, will help you place your listing. Generally, you pay more for more exposure—frequently six to 10 times the base rate—with the enhanced deluxe packages usually including an MLS insertion, which is vital. When you remember that you are competing against Goliath, it’s no time to skimp!

You should also consider creating, printing, and distributing flyers, photo ads in the local press (real estate magazines, newspapers, etc.)—everywhere you are used to seeing  real estate brokerage ads. All of which points to what most  home sellers eventually conclude: rather than reinventing the wheel, the other option is to team up with a Maui  real estate marketing professional…

If that’s your choice, I hope you’ll count me in!

 LULU 808-283-3783   lulucw@maui.net

GARAGE SALES - what about them

by Lulu your Maui Realtor and Property Advisor

1. Don't wait until the last minute before listing your property

2. Get a permit if you have to do so

3. Ask if neighbors want to join in

4. Schedule the sale and start early

5. Advertise wherever possible

6. Price your goods well

7. ORGANIZE THE DISPLAY WELL

WHAT IS APPRAISED VALUE OF A PROPERTY

by Lulu your Maui Realtor and Property Advisor

Appraisals provide an objective opinion of value but  it is not an exact science so appraisals may differ

 

For buyer and selling purposes, appraisals are usually based on market value or insurance value or replacement value or value for property tax purposes

 

Appraised value is not a constant number. Affected by changes in market conditions

 

Appraised value does not take into account special considerations.

 

LLenders usually use the appraised value or the sale price of a property, whichever is less, to determine the amount of the mortgage they will offer.

 

Displaying blog entries 1-10 of 207

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Photo of Lulu Williams   licence  RB 19771 Real Estate
Lulu Williams licence RB 19771
Coldwell Banker Island Properties
The Shops on the Green, Wailea Ike Ste 6
Wailea HI 96753
808-283-3783
Fax: 1-808-356-1500

Please utilize the content on this website and http://luluonmaui.com to assist you in your Maui property search.