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Mike Hogan's Advice

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  • 7 Contributions
  • 0 Best Answers
  • 0 Helpful

Mike Hogan wrote:

What is your favorite tip for reviving a stale listing?

Answer
Hey Melissa,I have to agree with Susan on this. Getting new professional pics in the right light is critical. On top of that- a new marketing plan....video... minor staging at a minimum...and of course a new price. It will sell. With the inventory levels we have in RVA- new pictures and pricing will many times be all you need.
March 29
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BeWhat's the best way to sell home as is?

Answer
Janet, Your listing should state "as-is".  But just know the price must be in line with the condition when its listed. Most consumers will the addition of the term"as-is" to mean the owner can't make any repairs so they expect the home to be priced accordingly. Selling a home "as-is" is really not a big deal. There are hundreds in the Richmond Virginia MLS. 
March 29
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Feel trapped, need HELP!

Answer
I live/work in the Richmond area and have gone through this with clients many times. In many situations the HOA won't allow a rental because the already have to be careful of FHA guidelines on how many rentals are allowed in a given community and still be allowed to purchase using FHA backed loans.A good REALTOR will be able to give you an up to date value analysis, talk to the HOA on your behalf and help you figure out a way of moving forward. There is ALWAYS a way to move forward. 
March 29
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Error in adding a Past Sale

Answer
Im having this issue myself- did you ever get a response?
December 28 2013
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whos is the owner of the propety

Answer
Which property are you referring to? 
August 17 2013
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closing costs

Answer
Whether or not to pay the buyers closing costs is a negotiating point. In order to analyze it- thnk about it in terms of the Net Offer(the offer amount minus the amount of closing costs they are asking for). If that net offer is acceptable to you- then sure...pay the closing costs. But if its not an offer that's acceptable- then negotiate further. Remember- its a cost that you pay at closing out of the proceeds.Its very normal in many parts of the country for buyers to request the seller to pay closing costs.
July 27 2013
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I would like to have my daughters name put on the deed to my house. how is this done?

Answer
You'll need to have a real estate attorney write a deed adding her. It's a very simple process and the cost should be minimal.
July 27 2013
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