Real Estate Blog
The Kuchar Team
We Like to deliver potential home buyers information that will help them feel not only more comfortable but more familiar with the housing market and the terms that are commonly used in the Real Estate industry. With over 20 years of real estate experience there is a lot to give to our home buyers, our Real Estate Blog is the best way to share our knowledge. Colorado has many housing options with the cities ranging from Highlands Ranch to Denver and Brighton, you need to know not only what to look for in a house, but also a investment. Our Real Estate Blog focuses on on language that anyone can understand, and strategies that can be used for the betterment of a home buying experience.
- Make sure that the education you are receiving is going to be respected among your colleagues. Also, the more educated you are about real estate, the more clients you will obtain. Once you begin to receive clients, more and more listings will start rolling in, along with more money.
Obtain your license
- Once you have graduated, you need to get your license. Make sure you follow the correct requirements for the state you will be practicing in. Each state is different, so you must make sure you pay great attention to these details.
Save Money to get Started
- In real estate, the money is strictly commission based, so make sure you put enough money away before you begin your career in real estate. There are also many start-up fees that come along with becoming a real estate agent. Some of these costs include:
- Licensing fees and courses
- Board of REALTORS membership dues
- Business expenses (phone, computer, etc.)
Realtor or real estate agent?
- Did you know that there is a difference between a real estate agent and a realtor? Well, there is! In order to claim the title “realtor”, you must join the National Association of Realtors. This is done by choosing an affiliated brokerage and attending a certain number of meetings near your location.
Choose the right real estate office for your personality and needs
- Now, it is time to choose your home for the next set of years. Make sure this facility fits into your personality. You want to make sure you are going to get along with your co-workers, but mostly you need to make sure it is exactly what you were looking for in your workplace. Because you will be here for a while, you need to make sure you will be happy all around!
Learn about the market you are in
- If you are a good real estate agent, you will be able to price homes appropriately. You will want to do some research around the area and see what other houses that are similar are going for and help them establish a competing price. You will need to do your homework. This takes time and effort. Learn all you can about the neighborhood you are working with.
Build a client portfolio
- This part is the most important part of the business. You need to ask for referrals and stay in touch with former clients to keep you in the game. If you are good at what you do, your clients will help you grow your client portfolio by word of mouth. That type of advertising is the best there is.
- One thing you might want to consider is creating an online portfolio that includes information about the properties for Sale/Sold, an about page, buyers, sellers, and any additional resources you can think of that will help you grow you client portfolio.
Never stop learning
- Make sure you keep attending seminars and training sessions. These will help grow your knowledge in real estate and become a better agent. This field is always changing, so it is important to stay on top of these new changes. You can find many different seminars and training sessions by asking fellow agents or joining a real estate association that sends out these opportunities regularly.
When you’re in the market to sell your home, it’s important to know different tips on how to brighten up your home and make it more inviting to your potential buyers. It is often said that the color of your rooms reflect on what kind of person one is. If you’re home is feeling a little dull and drab, here are a few tips on making it brighter and lighter!
Lighting Tip and Tricks
With some simple adjustments, you can turn a darker home into something lighter and welcoming. You’d be surprised just how much of a change it can make, give it a go today!
It can be a difficult choice deciding whether to rent or buy a home. Overall, I believe that it is far more valuable to buy a home. Some people do not know the advantages of buying a home over renting a home. There are many different reasons as to why that is. Below, I have identified 8 different advantages of buying a home over renting one.
When you own a home, you have a sense of security knowing that you are the only ones with the keys. Your home is a safeguard against inflation.
You are acquiring a major possession over time by paying your mortgage. Instead of renting, you get to feel a little closer to owning your home each time you make a payment. The permanent improvements that are made on your home enhance your way of living and the value of your home will go up. For example, the garden that you plant will increase its value
Tax Deductible Advantage
Portions of your real estate tax and interest on your mortgage may be deductible from your income tax, depending on your situation. The best way to figure this out is to speak with your accountant and see what benefits you will have from home ownership.
In the long run, buying will be cheaper. In the first few years, renting will most likely be cheaper, but overtime the interest part of your payment should be lower than renting.
For most people, they feel a sense of pride in owning a home. This is a feel good reason, but is usually true with most people. You will feel very accomplished when you own a home.
When you rent, you always run the risk of your rent going up, but with a fixed rate loan, you can set your payment and keep it there.
Good Credit Opportunity
If you want to apply for other loans along the road, owning a home will make it much easier. You will be able to build equity overtime. Credit card companies usually favor homeowners. It shows that you have a sense of responsibility.
When you own a home, you can decorate and do whatever you want to your home, whereas when you rent a home, you have to ask the landlord for permission.
2013 has shown to be a promising year. With real estate movements up, demand is starting to finally catch up with the supply and there have been significantly fewer distressed properties weighing down the real estate system. The real estate market is beginning to thaw out so with a new year upon us, here are some real estate tips for 2013.
For those good credit buyers who are currently waiting for the bottom of the market, heads up, it’s already passed. But the good news is that home and interest prices are still very low. For sellers who are currently waiting for market improvements, it’s here! So if possible, get ready to jump back into the game. The rules have changed though. Lenders are currently wanting buyers to put a little more into the game so expect to make a higher down payment than those before. Do note that sellers will more than likely discover that buyers are having a harder qualifying for mortgages.
Save your time and potential money. Make sure all of your buyers are pre-approved. This means they’ve already had their credit and employment checked and they know how much they can borrow. You should have your agent call their loan officers. Those who are serious will find this acceptable as it shows they are ready to buy.
Almost the entirety of home searches begin online. Be wary of bad qualify photos. Consider hiring a professional photographer or videographer to create the best presentation of your home. Think about how to capture the different seasons. When in winter, show how the sun shines down onto the snow. In the spring, show your blooming blossoms. Summer shots could show your shimmering pool or beautiful lawn. Show off those vibrant autumn leaves. Always make sure to think vividly, not deceptively. Photos should always accurately show the true depths. Interiors should be right and uncluttered and highlight the absolute best outdoor views. Debate removing some of your furniture for your photos and brighten up any dark rooms.
Sometimes a remodel can help you sell your home but these days it rarely pays for itself. The average remodeling payback has dropped from about 82% down to 57%. Unless your home is a complete disaster, only focus on the smaller things. Sellers will often underestimate the large positive impact from simple home improvements such as repainting or minor fix-ups.
Before selecting your team, check out your potentials at the BBB or Angie’s List. Interview at least three different real estate agents, appraisers, title company, and if needed, an attorney, surveyor, or energy auditor. Read their reviews wisely.
Never use false hope. Make sure to price your home correctly from day one. Pricing needs to be based on comparable sales, neighborhood market trends, and an up-to-date appraisal. Never have a bloated price tag. Lower your price if no serious offers come through after the first 30-45 days
We’re working hard on the economy and are all very determined to pull out of our recession. With the home market improvement, this is the first step forward. If you’re looking to purchase a home in the Highlands Ranch area, contact The Kuchar Team today, your Highlands Ranch realtor!
Choosing a Realtor to sell your house is a hard process. You cannot tell whether he or she will sell your house right away, but you can take precautions to make sure you are not settling for the wrong Realtor. Below, I have listed several tips to follow when choosing a Realtor.
Friendship is not enough
Even though you may want to give your friend a break, it is not going to be enough if they have not established professional credentials. Make sure you have high standards for your selection process. If they are a good enough friend, they will understand that you are making a professional decision and you need to explore your options.
Do not move too fast
People often make the mistake of settling on a Realtor immediately. This normally happens when they are caught up in the moment. Make sure you do not make a decision right away. The best thing to do is meet with at least one more Realtor and weigh the options. Think of the advantages and disadvantages and make your decision from there.
Do not be stubborn
I know that most people have a specific selling price, but it might be too high. Try not to get caught up in the Realtor agreeing with your selling price. They are the experts and they know what is best for the market in your area. This is how they will suggest a list price.
Judgment is not enough
People are extremely trusting. Make sure you are not making a decision based on what a great person they are. Make sure you look at their references. This is important to see if they have been successful and if they are a professional.
Do not settle for cheap
Try not to list with the Realtor that has the lowest commission. Although this is a plus, that does not mean that the company is credible. Try to list with someone who has moderate pricing if you are looking to save a little money.
Make sure they are knowledgeable
Real Estate is changing more and more all of the time. You need to make sure that the Realtor you choose is up to date on all of the latest education. When a company makes their Realtor continue their education, you know that they may be a great fit for you.
Does not have to be in the neighborhood
Knowledge of a local area does not need to be gathered from living their. Through extensive research, a Realtor can easily acquire information on the recent sales, schools in the area. and much more. Convenience, though nice, should not be a necessity when choosing a Realtor.
I really hope this post has helped you make a decision in selecting a Realtor. If you are looking around call us, The Kuchar Team, at 303-710-3810, today!