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Top 4 Listing Agent Mistakes that lose home sellers Money Team Thayer Real Estate News

Justin Lee Thayer / Eugene Oregon Listing Broker How does hiring the wrong real estate listing agent hurt your chances to get top dollar for your home? Here's four examples current real estate listings that will likely cost the homeowners money. Pictures of the home do not do it justice  - The  MLS can hold 16 pictures, and every listing should have all 16 filled up. Studies show that  properties with more pictures get more views online , and it's these online views that are the precursor to gaining visits to the property by ready buyers. Furthermore, the images utilized should "sell" the features and benefits of the portion of the home shown. So often, listing agents do not seem to have an agenda with the pictures they choose to include. For example, why on earth a listing agent would include the image on the right? It happens far more often than you might expect. Typographical errors in critical property descriptions  - Listing agent sloppiness costs home ...

How will Oregon's Home Value's will be affected be measure 91? Team Thayer Official Real Estate News

Recreational Marijuana in Oregon I was prompted from feedback on my last report on this subject to take a look at Colorado as a template on how to decipher the effect measure 91 will have on the market economics.  The news for investors  based on the Denver housing market is positive to say the least.  "There has been a huge bump in real estate prices due to the legalization of marijuana," according to James Paine, managing partner at West Realty Advisor's. "It's massively pushed up raw land and industry prices." I n March,  Denver experienced the second-largest jump in annual home prices at 10%, just behind San Francisco, according to the S&P/Case-Shiller Home Price Index. "The pot industry is creating jobs we didn't have before," said Kelly Moye, a Re/Max real estate agent who has worked in the Denver area for 24 years. "It's brand new, it adds a whole new factor to the area; you have real estate needs, housing need...

Reverse mortgage advertising is misleading! Study results showing confusion among the elderly. Team Thayer Official

A new study from the  Consumer Financial Protection Bureau  found that reverse mortgage advertising can be confusing and misleading, and issued a warning to older Americans to be on the lookout for potentially deceptive reverse mortgage advertisements. In the new study released Thursday, CFPB said that consumers were confused about reverse mortgages being loans, and they were left with “false impressions” that reverse mortgages are a government benefit or that getting a reverse mortgage would ensure consumers could stay in their homes for the rest of their lives. “As older consumers consider reverse mortgage loans to tap into their home equity, they need to be careful of those late night TV ads that seem too good to be true,” said CFPB Director Richard Cordray. “It is important that advertisements do not downplay the terms and risks of reverse mortgages or confuse prospective borrowers. According to the CFPB, the number of reverse mortgage originations is likely to i...

Tips For First Time Home Buyers. Team Thayer Real Estate Eugene Oregon #eugeneoregonreltors

Tips For First Time Home Buyers With all the excitement of becoming a  first time homebuyer  it is easy to get caught up in the thrill of owning your own home. Before you sign any papers there are things you will want to consider. Credit:  Before you purchase a home you want to make sure you credit is in good standing. Poor credit can drive up mortgage rates and make it virtually impossible for you to purchase a home you may be interested in. Location:  One very important thing first time home buyers have to think about is the location in which their potential home is located. Long Term Plans:  Always make sure you take the future into account before you lock yourself into any FHA mortgage or agreement. How long do you plan on living there? Are you planning on having any children? You never know when your situation may change so make sure you plan ahead. Check And Re-Check:  Don’t let the thrill of becoming a first time home buyer give you itchy fi...