Avoid These Home Selling Mistakes

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There are many things that can go wrong in a real estate transaction. By being aware of the possible mistakes that can be made, it can help you to avoid them. Here are four mistakes to avoid when selling your home...

1. Not Having Professional Photos
Not having professional photos of your home is a huge mistake. When your main source of attention from buyers is on the Internet, your photos have to be outstanding in order to stand up against other listings online.

2. Limited Exposure
You need to make sure that your home gets as much exposure as possible. If your agent doesn't have a complete marketing plan, then it is going to be difficult for your home to be sold quickly and for top dollar.

3. Not Using A Real Estate Agent
It has been proven that when you hire an agent, your home will sell quickly and for more money. In fact, homes sold by their owners sold by 13% less than when people hired a real estate agent.

4. Mispricing Your Home
Your price is your number one piece of marketing and advertising, so you have to get it right the first time. Buyers are savvy and they know whether or not they are getting a good deal.  

With over 100 years of combined real estate experience and over 400 families served in 2015, put The Raines Group to work for you! 

Real Estate Teams Vs. Individual Agents

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The landscape of the real estate industry has changed dramatically in the last decade. Technology has taken over and a new 'team' approach to real estate has allowed for a better customer experience. Instead of a single agent doing all of the work throughout an entire transaction, real estate teams are meant to function somewhat like an assembly line. Each person is specialized and focuses on completing a single task.  

The team approach allows much faster service and superior production, as opposed to a single person trying to accomplishing everything to get one home sold. The amount of tasks needed to close a deal is incredible and it makes it very difficult to accomplish individually.

If you see your doctor you talk to a receptionist, then you talk to a nurse, then you see your doctor, and finally you meet with a billing department. This is similar to how real estate teams function. At every step, there is someone ready to help you achieve your goal.
 
This allows for a great customer experience and it also allows us to sell your home faster and for more money. At The Raines Group we have professional photographers, listing coordinators, marketing managers, listing agents, buyer partners, title specialists, preferred lenders and more. Whatever it is that you need, we can help!

With over 100 years of combined real estate experience and over 400 families served in 2015, put The Raines Group to work for you!

2016 Central Ohio Market Update

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Selling Your Central Ohio Home? Get A FREE Home Price Evaluation

Today we will discuss the current real estate market in central Ohio.

There are currently over 5,000 homes on the market in Central Ohio. Over 1,600 homes have sold in the last 30 days, and over 15,000 homes have sold in the last six months. Overall, that gives us 4 months of inventory, but this can vary depending on your price bracket.

• For homes priced up to $350k, it's a strong seller's market.
• Between $350k and $650k, we have a balanced market.
• Between $650k and $1 million, it's a buyer's market.
• Homes over $1 million are in a very strong buyer's market.

Interest rates will continue to increase throughout 2016. Currently, interest rates are steady at 4%, and jumbo rates are even better at 3.875%. I predict that the year will end with interest rates at a stable 4.5-5%

If you have any questions about today's video, or about real estate in general, please give us a call or send me us email. We would be happy to help you!

How To Choose The Best Real Estate Agent

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Selling Your Central Ohio Home? Get A FREE Home Price Evaluation

When considering buying or selling a home, it is important to utilize the help of an experienced real estate agent. There are many things to consider before making this important decision. Here are the six key factors to take into consideration before choosing the real estate agent to help you with the buying or selling process.

1. Don't Pick Blindly.It's estimated that 68% of people choose the first agent that they meet. However, it is important to do your research and find a reputable agent that can help you buy or sell your home.

2. Ask The People You Trust. Personal recommendations are important because you want to work with someone who has a good reputation among your peers.

3. Interview The Agent. Make sure you know who they are, what they plan to do, and how they will sell your home for top dollar. 

4. Make Sure They Are Paying Attention. Always make sure that the agent is paying attention to you during the interview process. This speaks volumes about whether or not they will listen to you during the transaction.

5. Evaluate The Office/Brokerage That The Agent Works For. Is it small or large? Do they have enough resources on hand to meet your needs?

6. Find Someone You Are Comfortable With.You are going to be working alongside this person for at least a month or maybe more, so find someone that you are able to get along with.

Thanks for watching! If you need help buying or selling a home, put The Raines Group to work for you and contact us today!

 

Where Can You Find The Best Vendors In Central Ohio?

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Selling your Central Ohio home? Get a free Home Price Evaluation

In the real estate industry, we work with many different people. Because of our history and the many relationships that we have formed over the years, we wanted to let you know that you can always use The Raines Group as a resource to finding great vendors in Central Ohio. We have acquired a long list of qualified vendors that we believe to be the best around.

The vendors we recommend come from a myriad of industries. Some of their services include:

• Air duct cleaning
• Remodeling
• Electricians
• Handymen
• Insurance agents
• Chimney repair
• Attorneys
• General Contractors

The list goes on... Whatever you may need, please don't hesitate to contact us. To access our full list of preferred vendors, visit our website: http://www.therainesgroup.com/business-category.php.

As always, if you need help buying or selling real estate in Central Ohio, contact The Raines Group today!

How to Get Top Dollar for Your Central Ohio Home

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Selling your Central Ohio home? Get a free Home Price Evaluation

Pricing your home may be the most important part of the entire selling process. It is a valuable piece of marketing, and it can really make or break a home sale.

A lot of sellers think that pricing their home above market value will get them the most money, but this is not usually the case. Pricing too high can cause your home to sit on the market, and after a while people will begin to wonder if something is wrong with it.

What you really need to do is pinpoint a price by looking at comparable home sales in the area. Once you have a price range in mind, you need to price your home right in line with it or just below it. This will cause buyers to see a great value in your home, and it will cause a frenzy over your home.

This is how you attract multiple offers and sell for top dollar. When you have more than one buyer that wants your home, you will be in a great position as a seller.

If you would like more advice on how to price your home for top dollar, please don't hesitate to contact me.

Four Reasons Why You Need to Use a Realtor

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Selling your Central Ohio home? Get a free Home Price Evaluation

A lot of people try to sell their homes by themselves, and more often than not, they fail. Selling a home is a full-time commitment, and it requires communication, coordination, and experience. It's like choosing not to use a lawyer in a court of law - it's just not a great idea.

Here are four reasons why you should always use a Realtor when you're in a transaction:

1. We expose your home to thousands of buyers. We do this through an extensive marketing process of  listing your home on over 200 websites, putting up for sale signs, speaking with other Realtors, and combing through our database of leads.

2. The legal aspect of real estate is handled by us, which is very convenient because there are almost 250 different steps in the process whether you're buying or selling.

3. Real estate agents are professionally trained negotiators. Roughly 1/3 of all transactions fall apart during negotiations, and this is a major part of the entire process of buying or selling. On top of this, we have relationships with other industry professionals, which helps immensely when a stalemate is reached.

4. Selling and buying a home is an emotional process. There are a lot of memories tied to your home, and that can interfere with a good home sale. As real estate agents, we view your home as a product and attempt to sell it for the highest price possible. We can set emotion aside and get you the best deal possible on your home.

Thanks for watching, and if we can ever help you buy or sell a home in Central Ohio, please don't hesitate to contact us!