If your home hasn’t sold yet, it could be the price.

Wow what a Spring! The market has steadily remained busy and moving. Homes are still moving at rapid paces in many areas of Nashville. These days if your house is on the market more than a couple weeks, people start to wander, “What’s wrong with it?” The answer? Price.

Here is a great article about how to price your home and what a difference a small drop in price can make. Keep in mind, key factors to selling your home is competition. Look at it from a buyers point of view. If your house is listed for say, $330,000 but not moving, research what’s out there. Take a look at all the inventory in your area between $310,000 to $340,000. How does your place compare? Would a buyer want to see it over what else is out there? Then decide, if I dropped it to say $320,000, how would it compare?

Buyers have budgets. Most buyers have a specific number they won’t or can’t go over, so if a buyers budget were say, $325,000 and under and you are sitting at $330,000, your out, not even considered. This is when you decide if a price adjustment is worth it to you.

I have seen multiple examples over the last 6 months, where a $5- $10k price drop would make a home competing with say 10 other decent houses, drop to 4 houses. That’s a huge difference. Letting it sit, overpriced is only going to delay the inevitable, which is taking longer to sell, with the same end result price in the long run. Cut your losses and get the house sold.

Here is an article breaking the pricing down more.

 

http://www.simplifyingthemarket.com/en/2017/06/06/if-your-home-hasnt-sold-yet-definitely-check-the-price/?a=176545-97163032972ee20303b82a896a8351cd

Happy Hunting!

Andra

 

 

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3452 Wynfall Ln- For Sale!

MLS# 1823681

Stunning 5Br charmer! Corner Lot, RARE side entry 3 car garage!! Hardwoods, Corian countertops in kitchen, Huge master suite, Media Room, Amazing deck for entertaining! Great natural light. Community pool and playground.

We're sorry, but we couldn't find MLS # 1823681 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

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Why you need a termite inspection when buying a home.

About 12 years ago, I started my real estate career. Just a young college grad without a clue in many ways. I had no idea all the parts that go into selling a home. When I got my first home under contract, I learned that I needed a termite inspection for my buyers protection. Having no idea who to call, my broker recommended Jimmy Ivey at Tornado Termite and Pest. I met Jimmy out at that house and that was pretty much a done deal. Now, over a decade later, I still call Jimmy to handle all my termite and pest control needs. Only now, that call may be just a yell to the back of the house, because after years of being work contacts and buddies, I married him!

Jimmy and I on our wedding day.

Now you may think I am biased and all, because of our relationship, but trust me, having someone honest, affordable and with strong integrity is someone I look for in business and life. Don’t you want someone you can trust, that won’t to you and treats you fairly? Well of course! And Jimmy is that person, at least for your pest control and termite needs. You can’t have him for the rest, he’s mine!

All joking aside. Do you know how important and necessary it is to have a termite inspection? As a home buyer, once you have a home under contract, a termite clearance letter is performed to ensure the home does not have any current termite activity. This inspection typically costs between $40-$75 dollars, depending on who you use and where you live. Tornado Termite charges $45.00 dollars. This is well spent money as a buyer. If the home does have termites, here in Tennessee, the cost to treat them usually falls on the seller’s side. That $45.00 inspection could save you hundreds to thousands of dollars for Termite Treatment. A termite infestation sounds scary, but here in the South, it’s pretty common. As Jimmy says, “In Middle Tennessee, the house either has already had termites or it’s gonna get them.” If addressed fairly quickly, most treatments cost less than $1000 dollars (at least performed by Tornado) and many never see a termite infestation again. If left untreated, the damage to the structure of the house could present a much more expensive problem. That’s why having it checked is important.

Something else to keep in mind. Termite letters are not required by all mortgage lenders nowadays. Some real estate agents don’t even set them up or encourage buyers to do them anymore. Make sure your agent is looking out for you and have a termite inspection done before purchasing a home.
If you have any questions about this or what termites look like, please ask. Jimmy is always available to answer questions and help out. Jimmy Ivey 615.578.5107

If you need any monthly, quarterly or even just a one time pest service, he can also help you with that. Nobody likes bugs. Let Tornado take the stress out of the problem!

TORNADO TERMITE & PEST
Owner- Jimmy Ivey
Charter #1534
615.578.5107
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Hot listing alert! 3Br 2BA Must see! 117 Donelsonwood Drive, 37214

Lovely ranch style home in the heart of Donelson. Great location, quiet neighborhood. 3BR with Master suite, fenced back yard, 1 car garage! Nice layout with updates throughout!

We're sorry, but we couldn't find MLS # 1771433 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

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1342 Rosa Parks Blvd, a Germantown heavy hitter! Werthan Original!

Immaculate loft located in the heart of desirable Germantown. Boasting original hardwoods,14 ft ceilings, beautiful exposed brick w/wood beams, granite countertops & stunning pool views. Walking distance to the most popular restaurants in the city!

Featuring 2 Bedrooms, 2 Full Baths plus a half bath on the Main floor. Open layout, Great lighting, Private Parking, Panoramic views and more.

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We're sorry, but we couldn't find MLS # 1764902 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

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Just listed! Bellevue Cottage! 7307 Weston Way $185,000

Just listed in Bellevue. Great starter home. 2 Bedroom, 1.5 Bath, 1163 sq ft Call me to preview today!

We're sorry, but we couldn't find MLS # 1767130 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

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Just listed- 505 Doral Country Dr, Nashville, TN 37221 Great starter home!

Wow! What a dollhouse! This 2 bedroom 1 bath house would make a great starter home. Located conveniently right off Hwy 70 in Bellevue, this home is convenient, clean and absolutely adorable!! Priced at $175,000, call today to set up a viewing! 615.585.2638 MLS#1765967

We're sorry, but we couldn't find MLS # 1765967 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

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Just listed-1410 Ordway Place Nashville, TN 37206- Lockeland Springs

Offered at $475,000, this 3 Bedroom 2 bath house is a show stopper! The epitome of Southern Charm! Call me to schedule your viewing today! 615.585.2638

 

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1342 Rosa Parks- FOR SALE- Live in Werthan! 2BR 2.5 baths

 

Looking for a large condo with great views of the city? Look no further! This 2 bedroom condo offers views of the city, a large 3rd floor bonus space and all the great amenities that Werthan offers.

We're sorry, but we couldn't find MLS # 1731608 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

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Why you need an agent in this market!

Why You Should Hire A Professional When Buying A Home! from Money Man Mike on Vimeo.

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