Howard County Real Estate Podcast with Mike Sloan

Pat Hiban Group

If you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from The Stern Team- your professional Salt Lake City Real Estate Agents.

  1. 06/01/2016 ·  Video

    The Danger of Zillow Zestimates in Howard County

    Buying a Howard County home? Get a full home search  Selling your Howard County home? Get a free property valuation Everywhere I go in Howard County, people ask me about Zillow’s Zestimates. The Zestimate is their home valuation tool. Zillow has done a great job of driving people to their website and offering this estimation of value, but I’ve seen Zestimates off by as much as 20% online. Sometimes it’s accurate and it usually gives a good benchmark, but the reason it’s so often inaccurate is because it doesn’t take into account many factors that buyers do when determining the true value of your home. For starters, it can’t factor in location. The Zestimate can’t tell the difference between a corner lot on a busy street and a cul de sac tucked back into a neighborhood with its back to the woods. “ Zillow can’t account for home improvements. ” Zillow also can’t account for home improvements. Zillow doesn’t factor in if your house has a new kitchen, a finished basement, updated windows, a new HVAC system, or a number of other improvements. Zillow can’t walk into your house and look at the overall condition either. Finally, another factor that’s big in this area that Zillow can’t account for with its Zestimates is school districts. At the end of the day, the online estimate is cool and a neat tool, but it can be off. You can avoid this by having a real estate professional put a valuation on your home. If you’d like a free home market analysis or have any real estate questions, please give us a call or send an email. We look forward to hearing from you.

  2. 05/11/2016 ·  Video

    5 Tips to Dominate a Multiple Offer Situation

    Buying a Howard County home? Get a full home search  Selling your Howard County home? Get a free property valuation How can you win a bidding war? There are a few strategies to keep in mind in these situations. Include a strong price. The highest offers always end up at the top of the pile. To ensure your price is aggressive, you can include an escalation clause in your offer. You can also agree to pay the difference between the appraised value and sales price with cash. Ideally, you should bid higher than the listing price. Submit a clear offer. Avoid contingencies. Limit the inspections you decide to do. Have financing in order. When you submit, everything should be filled out on a financial information sheet. Submit a pre-approval letter with your offer. Avoid home sale contingencies. A home settlement contingency is better, but not ideal. Add personal appeal. Find out as much about the seller as you can. Consider writing a handwritten letter about why you love their home so much, perhaps with a family photo attached. Find out what the seller is looking for. What’s their best situation? Do they want to rent back? Those terms are incredibly important to seller’s wants and needs. “ Find out as much about the seller as you can. ” You need to find a Realtor with a flawless reputation that you can trust. If you’re thinking about buying or selling in the surrounding area, give me a call or send me an email! I’d be happy to answer any questions you might have.

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If you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from The Stern Team- your professional Salt Lake City Real Estate Agents.