Homebuyer incentives can be smart marketing or a waste of money. Find out when and how to use them.Bee sure you’re sending the right message to buyers when you throw in a homebuyer incentive to encourage them to purchase your home.
Do use homebuyer incentives to set your home apart from close competition. If all the sale properties in your neighborhood have the same patio, furnishing yours with a luxury patio set and stainless steel BBQ that stay with the buyers will make your home stand out.
Do compensate for flaws with a homebuyer incentive. If your kitchen sports outdated floral wallpaper, a $3,000 decorating allowance may help buyers cope. If your furnace is aging, a home warranty may remove the buyers’ concern that they’ll have to pay thousands of dollars to replace it right after the closing.
Don’t assume homebuyer incentives are legal. Your state may ban homebuyer incentives, or its laws may be maddeningly confusing about when the practice is legal and not. Check with your real estate agent and attorney before you offer a homebuyer incentive.
Don’t think buyers won’t see the motivation behind a homebuyer incentive. Offering a homebuyer incentive may make you seem desperate. That may lead suspicious buyers to wonder what hidden flaws exist in your home that would force you to throw a freebie at them to get it sold. It could also lead buyers to factor in your apparent anxiety and make a lowball offer.
Don’t use a homebuyer incentive to mask a too-high price. A buyer may think your expensive homebuyer incentive — like a high-end TV or a luxury car — is a gimmick to avoid lowering your sale price. Many top real estate agents will tell you to list your home at a more competitive price instead of offering a homebuyer incentive. A property that’s priced a hair below its true value will attract not only buyers but also buyers’ agents, who’ll be giddy to show their clients a home that’s a good value and will sell quickly.
If you’re convinced a homebuyer incentive will do the trick, choose one that adds value or neutralizes a flaw in your home. Addressing buyers’ concerns about your home will always be more effective than offering buyers an expensive toy.
Average Sleep Recommendations
While the question seems simple, how much sleep is the right amount is complex. Your age is an important factor, but there is also individual variability. The National Sleep Foundation convened a panel of renowned experts to review medical research and determine how much sleep is ideal for people in specific age ranges.
Age 18 to 64 years: 7 to 9 hours
Age 65 and older: 7 to 8 hours
These recommendations represent averages. But the National Sleep Foundation panel also noted that the range of what might be acceptable and healthy for individuals is much broader.
So the typical recommendation of roughly 8 hours of sleep each night might not be applicable to you because of your genetic makeup. Recognizing this, the National Sleep Foundation noted a broader range of what could be optimal for different men and women.
Age 18 to 24: 6 to 11 hours
Age 25 to 64: 6 to 10 hours
Age 65 and older: 5 to 9 hours
Never before has it been more clear just how single-family friendly Atlanta’s marketplace is, and just how concentrated condo/townhome sales are in Fulton. Consider these two stats: Fulton’s attached sales were more than double that of second-place DeKalb; and the remaining nine counties in that top 10 list accounted for 576 sales, which is just 129 more than just Fulton!
As you can see, the fearsome quartet of Fulton, Gwinnett, Cobb and DeKalb Counties were far ahead of the pack, accounting for a remarkable 3,635 sales in March (as opposed to the 1,467 of the remaining six counties in the top 10).March was a hugely positive month for Atlanta’s housing market. As we reported, home sales in Metro Atlanta rose 13.8 percent year-over-year and 32.5 percent from February to March, bringing a much-needed jolt to a marketplace that had, for several months, been on the lethargic side.
He reiterated that point to much applause at Southern Methodist University this commencement season. “Those of you who are graduating this afternoon with high honors, awards and distinctions, I say well done,” he said. “And, as I like to tell the C-students, you too can be president.”
|Number of creditworthy borrowers who lost their homes to foreclosure or distress in the past decade and would be able to re-enter the market today if lending standards were reverted to historically sound levels. NAR Research recently analyzed the situations of 9.3 million formerly distressed homeowners, many of whom re-entered the market or could in the near future.|