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Home Selling in Wilmington : Real Estate Advice

  • All219
  • Local Info26
  • Home Buying75
  • Home Selling4
  • Market Conditions13

Activity 11
Fri Mar 4, 2016
Janine Torres asked:
We used to have several houses posted with Postlets, but they are no longer operational. I want to link my former postings on Postlets, which I think are still on Trulia to our website.…
0 votes 0 Answers Share Flag
Wed Dec 10, 2014
S. Walton Simpson answered:
Real estate professionals use data from comparable properties that have recently sold to establish that number. A professional should gladly share this data with you.

Best,
S. Walton Simpson, Realtor
Keller Williams
302-242-5146
... more
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Fri Nov 21, 2014
Julie Allport answered:
If you would like to contact me. I could tell you the average days on market in your Zip code or I could even narrow it down to your neighborhood. It can really differ
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Sun Mar 30, 2014
Annette Lawrence answered:
Crooksie in DE,
You need to know the market value of your real estate first.
Next you need to know your 'net' position resulting from the sale.
Knowing this, the optons available to you, for selling your home can be discussed.
Decison #1 is are you going to SELL are intend to test and play around a bit.
You need to be clear on your timeline for completing the sale.
If the property MUST be sold in 30 days, that is possbile, but you need to be committed.
If time is a luxury you have, there are more options available.

Now that you have an idea regarding the process, and you are serious about selling the house, pick up the phone and call a Wilmington REALTOR. If you are not serious you will indicate so by using that 'contact' link below the images.

Best of success in selling your Wilmington house.
... more
0 votes 1 answer Share Flag
Thu Sep 13, 2012
Matt Keough answered:
Hello,

The previous posts have covered the key points of a property becoming a rental.

If you are dead set on holding onto your property as an investment/rental in the City of Wilmington, PLEASE do your homework. (Go down to the City County Building, get all the forms, find out the fees and read a copy of the "Delaware Real Estate Tenant Landlord Code".

I manage properties that my family owns and it is no easy task. Too often individuals think that "I will advertise the property, get a renter and life will be good". If it were that easy everyone would be doing it.

Take the time to meet with several Real Estate professionals to get a GOOD OVERVIEW of your options. The market is getting stronger everyday. Rentals are a good investment if you have the funds needed to own a property that may or may not be producing an income. You could be in a great position and renting is your best option.

Please feel free to contact me directly if you have any additional questions.
Good luck!
Matt Keough
(302)397-9812
mkeough@psre.com
Patterson-Schwartz Real Estate
... more
0 votes 3 answers Share Flag
Tue Sep 11, 2012
Michael Milligan answered:
In the first 30 days you will have the best opportunity to get a realistic offer. A good Realtor will generate MOST of the foot traffic for your home when it first hits the market. If a "realistic" offer isn't made in that time, the price of the home does not match its condition. Price and condition are the two things that are within your control to get your home sold quickly. ... more
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Sat Jun 2, 2012
Edith Karoline Jasser answered:
Hard question to answer.
It really all depends on your home, its value in today's market, how much you owe, what you can
realistically sell it for, and what your actual net to seller after commissions, outstanding taxes,
survey, closing costs etc. will be and what will you do thereafter...

In order for you to find out what the market is like in your area, you need to connect with an experience local Realtor who will be able to give you some insights, nobody can predict the future, really not

It depends on so many factors, the economy, the unemployment in your area, and how many short sales and foreclosures are on the market and may still be coming on the market and how many distressed homeowners will have to sell their homes below market just to get out.

A good local Realtor with many years of experience could help you out with some more distinct numbers and some suggestions.....

It all also depends what your next step would or could be.
EdithSellsHomes@gmail.com
@Properties North Shore, 30 Green Bay Rd, Winnetka, Il. 60093
covering the city of Chicago, all N and NW suburbs and the fine homes of the North Shore
Edith always works in the very BEST interest of her clients, Buyers, Sellers and Investors alike and she certainly goes the x-tra Mile with a Smile for all her clients with experience and market expertise

Have a wonderful Day!
... more
0 votes 7 answers Share Flag
Sat May 26, 2012
Mia Burch answered:
If you've looked at the contract it should have all the fees disclosed. You do get what you paid for usually.
Also, it is not unusual to have the listing period of one year since it takes longer to market and sell nowadays. ... more
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Wed Apr 18, 2012
Cbradleyrr answered:
In my opinion, the vast majority of people interested in purchasing mid-renovation homes are investors or first time homebuyers. Unfortunately the investment interest in Smyrna is relatively low at the time which will limit investor appeal. First time homebuyers are going to estimate the cost of finishing the jobs into their available budget which will probably lead to very low offers. If you haven't already made a decision, I would suggest having the repairs completed. I have dealt with contractors who have charged material costs up front and labor costs (plus a rather high fee- based on their "investment" of time) are paid when the house closes. ... more
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Tue Jun 16, 2009
Jacqueline Roark answered:
Pattyberon,

The fact that you have tenants until Sept and you live in NY should not stop someone from listing your home. If your tenants are uncooperative, that causes some problems, but as long as you give the proper notice, a tenant normally cannot stop someone from showing the home.

As for commission rates, I recommend not listing it for less than 5%.

As a seller these days, you have to price the property to sell so that it is not sitting on the market.

I would be happy to help in any way I can, so feel free to give me a call at (302) 540-5373.
... more
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