St. Louis Real Estate Blog

November 20th, 2014 2:16 PM

The City of Eureka, Missouri 

Visitors 

Special City-Wide Events 

Holiday Tree Lighting

Come join us in celebrating the traditional beginning of the Holiday Season!

Date: Saturday, November 22
Time: 5:00 – 8:00 p.m.
Location: Central Avenue
Fee: 1 non-perishable food item per person

* Special appearance by SANTA CLAUS
* Complimentary hot chocolate & cookies
* Free Children’s Activities
* Live Entertainment

 


Posted in:General
Posted by Melanie Mitchell - Team Lead/Listing Specialist on November 20th, 2014 2:16 PMLeave a Comment

November 13th, 2014 8:06 AM
6 Pricing Mistakes Every Seller Can Avoid
 
6 Pricing Mistakes Every Seller Can Avoid 

If you’re getting ready to sell your home, you want to get the most money for your investment, right? One of the key factors that will sell your home is price, and having a sound pricing strategy is a must if you want to find the right buyer.

Here are six common pricing mistakes all sellers should avoid.

1. Overpricing from the start – You might think your home is the best on the block and should command a price relative to the value you see. Wrong. You have to appeal to the value homebuyers see. Overpricing your home at the onset could leave out strong potential buyers, especially if recent sales and other factors in your neighborhood don’t justify your listing price. You also run the risk of needing multiple price reductions, which keep your home on the market that much longer.

2. Leaving out potential buyers in online searches – Entering a price range is the first search parameter most homebuyers use to narrow down their options. If a buyer’s price range is, say, $250,000 to $300,000, they won’t see your home if it’s listed at $305,000. It might make sense to list it right at $300,000 so that you capture potential buyers in the ranges above and below. Ultimately, this is up to you and your agent, but the range your home's price falls into is certainly worth thinking about – especially if you're teetering between price ranges anyway.

3. Not considering recently sold properties – To arrive at a listing price that will generate buyer interest, you can’t base your price solely on the prices of other homes in your area that are listed for sale. You also need to consider recent sales in your neighborhood and the final sale prices. An experienced agent can provide you with information on recent sales to help you see the bigger picture.

4. Getting too creative with your asking price – Make it easy for buyers and pick round numbers. Listing a home for $512,477, for example, will give potential buyers pause about your intentions and divert attention from your property to you, as the seller. Maybe it's best to save the creative juices for the property description.

5. Not being open to negotiation – The quickest way to kill a sale is to dig in your heels on asking price before the for-sale sign even goes in the yard. Negotiation is a two-way street, and if you refuse to budge on pricing or other conditions, you might be in for very bumpy (and long) ride. Ask yourself: Is it more important to get full asking price, or can you make a few concessions to find common ground that will ensure a closed sale?

6. Ignoring your agent’s insights – The best route to the right price starts with picking a great agent and then listening to his or her advice. Your agent will look at your situation from all angles – your home's features, the local market, recent sales and more – to help you make an informed decision about pricing.  


Posted in:General
Posted by Melanie Mitchell - Team Lead/Listing Specialist on November 13th, 2014 8:06 AMLeave a Comment

November 10th, 2014 3:41 PM

Great space in downtown business district, easy corner access, with signage space highly visible from highway. Large entry reception area, with two separate office, full bath, kitchen area and large spacious open area for your business. Ceramic tile flooring in reception area and bathroom. Carpeting throughout rest of space with rubber flooring on top of carpeting except in office areas. This is a perfect area for any sort of exercise/conditioning classes or a gym with little to no changes. This stand alone building, has a therapy center on the first floor and the lower level is currently available. Approximately 25 parking spaces available. This lower level area also has over head door access that brings in great natural light and allows ample access for moving in!

Virtual Tour


Posted in:General
Posted by Melanie Mitchell - Team Lead/Listing Specialist on November 10th, 2014 3:41 PMLeave a Comment

October 24th, 2014 12:34 PM

77 Augustine

Listed at $147,000

3 Bedrooms, 2 Baths 1 Story/Ranch Home on nice level Lot

Virtual Tour Link


Posted in:General
Posted by Melanie Mitchell - Team Lead/Listing Specialist on October 24th, 2014 12:34 PMLeave a Comment

Charming 3 bedroom, 2 bath ranch with 2-car garage and partially fenced yard with in-ground sprinkler system. Vaulted great room features wood burning fireplace, ceiling fan, skylights and access to back deck and rear yard. Dining room has vaulted ceiling and bay window and is open to the great room and the kitchen. Kitchen has vaulted ceiling, breakfast bar and track lighting. Master bedroom suite has vaulted ceiling, bay window, walk-in closet and full bath with skylight, double vanity, soaking tub in bay window and separate shower. Additional 2 bedrooms have double door closets. Home has new neutral carpeting throughout with new laminate in the kitchen and baths. An open, carpeted stairway leads to the full unfinished, look-out basement.

Virtual Tour


Posted in:General
Posted by Melanie Mitchell - Team Lead/Listing Specialist on October 17th, 2014 9:24 AMLeave a Comment

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