Rochester Real Estate | LOCAL Homes For Sale https://www.rochesterrealestateblog.com Rochester Real Estate | LOCAL Homes For Sale | Homes for sale in Rochester, NY, LOCAL Rochester real estate listings, market data, REALTOR® info, and high quality content updated every 15 minutes! Wed, 25 Jun 2025 11:50:30 +0000 hourly 1 https://wordpress.org/?v=6.7.2 https://www.rochesterrealestateblog.com/wp-content/uploads/2016/11/cropped-SITE-LOGO-512-x-512-1-32x32.png Tips For Selling A Waterfront Property – Rochester Real Estate | LOCAL Homes For Sale https://www.rochesterrealestateblog.com 32 32 June Home Maintenance Checklist: 40+ Must-Do Tasks to Prepare Your Home for Summer https://www.rochesterrealestateblog.com/june-home-maintenance-checklist-summer-prep/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=20501 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
May Home Maintenance Checklist: 30 Essential Tasks to Prepare Your Home for Summer https://www.rochesterrealestateblog.com/may-home-maintenance-checklist/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=20484 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
April Home Maintenance Checklist: How To Prepare Your Rochester NY Home For Spring https://www.rochesterrealestateblog.com/april-home-maintenance-checklist/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=20364 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
March Home Maintenance Checklist: Get Your New York Home Ready for Spring https://www.rochesterrealestateblog.com/march-home-maintenance-checklist/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=20338 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How to Buy a House in New York https://www.rochesterrealestateblog.com/buy-a-house-in-new-york/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19906 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How to Sell a House in New York https://www.rochesterrealestateblog.com/sell-a-house-in-new-york/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19905 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Risks of Buying a Non-Warrantable Condo In New York: What You Need to Know https://www.rochesterrealestateblog.com/non-warrantable-condo/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19796 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What Builders Should Know About Spec Construction Loans In New York https://www.rochesterrealestateblog.com/builders-spec-construction-loans/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19795 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Moving To The Finger Lakes Region Of New York | Guide To Relocating To The Finger Lakes https://www.rochesterrealestateblog.com/moving-to-the-finger-lakes-region/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19875 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Navigating the Numbers: The Pros and Cons of Using Online Home Value Estimators For New York Real Estate https://www.rochesterrealestateblog.com/pros-cons-online-home-value-estimators/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19794 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
The Role of Location in Home Valuation In New York https://www.rochesterrealestateblog.com/role-of-location-home-valuation/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19768 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Lowe’s vs U-Haul: A Review of Truck Rental Companies https://www.rochesterrealestateblog.com/lowes-vs-uhaul/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19758 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Understanding the Importance of a Seller’s Property Condition Disclosure https://www.rochesterrealestateblog.com/property-condition-disclosure-statement/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19632 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What are Delayed Showings and Negotiations in Real Estate In New York? https://www.rochesterrealestateblog.com/delayed-showings-negotiations/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19547 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
8 Viable Tactics to Selling Your Home and Moving Out of State https://www.rochesterrealestateblog.com/selling-home-moving-out-of-state/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19542 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Unconventional Methods for Selling a House: Thinking Outside the Box https://www.rochesterrealestateblog.com/unconventional-methods-for-selling-a-house/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19519 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Should I Sell My House Off Market: Pros and Cons Explained https://www.rochesterrealestateblog.com/sell-house-off-market/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19503 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What is PITI and How Does It Affect Your Mortgage https://www.rochesterrealestateblog.com/what-is-piti/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19498 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How To Set A Home Renovation Budget https://www.rochesterrealestateblog.com/home-renovation-budget/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19490 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How Does A Co-Borrowers Credit Scores Affect A Home Purchase? https://www.rochesterrealestateblog.com/co-borrower-credit-score/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19474 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
New Construction Final Walk-Through Checklist: Ensuring a Seamless Home Inspection https://www.rochesterrealestateblog.com/new-construction-final-walk-through/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19458 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Essential Tips for Pumping a Septic Tank: What You Need to Know https://www.rochesterrealestateblog.com/pumping-a-septic-tank/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19450 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Can You Submit Multiple Offers On Homes At Once – A Legal And Ethical Analysis https://www.rochesterrealestateblog.com/multiple-offers-on-homes-at-once/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19414 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How to Get Your Home Photo Ready for Real Estate Listings https://www.rochesterrealestateblog.com/real-estate-photo-ready/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19409 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What Does a Home Builder’s Warranty Cover? https://www.rochesterrealestateblog.com/home-builders-warranty/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19394 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
July 2023 Greater Rochester NY Area Real Estate Market Update https://www.rochesterrealestateblog.com/july-2023-rochester-ny-real-estate-market-update/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19403 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Who Pays Real Estate Commission When You Buy or Sell a Home https://www.rochesterrealestateblog.com/real-estate-commission/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19366 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Quitclaim Deeds: What You Need to Know https://www.rochesterrealestateblog.com/quitclaim-deeds/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19358 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What to Know About Selling a Home As Is for Cash https://www.rochesterrealestateblog.com/selling-home-as-is-cash/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19347 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How to Know if My House Has Paranormal Activity https://www.rochesterrealestateblog.com/is-my-house-haunted/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19342 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Why Find The History of a House https://www.rochesterrealestateblog.com/find-history-house/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19316 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
June 2023 Greater Rochester NY Area Real Estate Market Update https://www.rochesterrealestateblog.com/june-2023-rochester-ny-area-real-estate-market-update/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19313 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What Does a Real Estate Lawyer Do? https://www.rochesterrealestateblog.com/real-estate-lawyer/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19181 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
May 2023 Greater Rochester NY Area Real Estate Market Update https://www.rochesterrealestateblog.com/may-2023-rochester-ny-area-real-estate-market-update/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19162 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What to Know About Buying a Home For The First Time https://www.rochesterrealestateblog.com/buying-home-first-time/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=19058 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
<strong>What Should a Buyer Look For at a Home Inspection?</strong> https://www.rochesterrealestateblog.com/what-look-for-home-inspection/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=18983 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Companies That Buy Houses For Cash Reviewed https://www.rochesterrealestateblog.com/companies-buy-houses-for-cash/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=18889 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Does Home Staging Work and What is The Cost? https://www.rochesterrealestateblog.com/does-home-staging-work/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=18814 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What to Avoid When Getting a Mortgage https://www.rochesterrealestateblog.com/avoid-when-getting-mortgage/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=18797 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
<strong>5 Options For Replacing a Roof Reviewed</strong> https://www.rochesterrealestateblog.com/replacing-roof/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=18771 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What Are Restrictive Covenants in Real Estate? https://www.rochesterrealestateblog.com/restrictive-covenants/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=18714 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Can The Court Force The Sale of Your House in Divorce? https://www.rochesterrealestateblog.com/court-force-sale-divorce/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=18693 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Real Estate Agent vs. Broker: What&#8217;s The Difference? https://www.rochesterrealestateblog.com/real-estate-agent-vs-broker/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=18650 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How To Determine Square Feet In Your House For More Accurate Property Estimates https://www.rochesterrealestateblog.com/determine-square-feet/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=18167 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
3 Things That Often Results in a Real Estate Agent Getting Sued https://www.rochesterrealestateblog.com/real-estate-agent-sued/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=18133 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
The Top 5 Types Of Home Inspections Buyers Should Consider https://www.rochesterrealestateblog.com/5-types-home-inspections/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=18119 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
The Pros And Cons Of Rent To Own Homes: What You Need To Know https://www.rochesterrealestateblog.com/pros-cons-rent-own-homes/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=18104 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
5 Smart Things To Do Before Moving That Will Help Ease Your Transition https://www.rochesterrealestateblog.com/things-before-moving/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=18084 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How to Become a Real Estate Agent https://www.rochesterrealestateblog.com/become-real-estate-agent/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=18071 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Renting A House Or An Apartment: Which Is The Better Option https://www.rochesterrealestateblog.com/renting-house-apartment/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=17871 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
The 5 Most Important Factors To Consider When Buying A House https://www.rochesterrealestateblog.com/5-factors-buying-house/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=17851 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What Buyers And Sellers Need To Know About An Appraisal Gap https://www.rochesterrealestateblog.com/appraisal-gap/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=17827 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Pros And Cons Of Renting With Roommates – What You Need To Know https://www.rochesterrealestateblog.com/renting-with-roommates/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=17794 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
6 Things You Should Know About Buying Land https://www.rochesterrealestateblog.com/things-know-buying-land/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=17773 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How Long Should Home Sellers Wait To Respond To An Offer On Their Home? https://www.rochesterrealestateblog.com/home-sellers-wait-respond-offer/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=17745 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How To Buy A House With A Low Credit Score https://www.rochesterrealestateblog.com/how-to-buy-a-house-with-a-low-credit-score/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=16819 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Things To Consider When Shipping A Car https://www.rochesterrealestateblog.com/things-to-consider-when-shipping-a-car/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=16248 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Home Depot Truck Rentals: What to Know Including Pricing https://www.rochesterrealestateblog.com/home-depot-truck-rentals-what-to-know-including-pricing/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=16156 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
16 Things To Do Before Listing Your Home For Sale https://www.rochesterrealestateblog.com/16-things-to-do-before-listing-your-home-for-sale/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=16138 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
The Biggest Home Inspection Mistakes to Avoid https://www.rochesterrealestateblog.com/biggest-home-inspection-mistakes-to-avoid/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=16112 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How Your Credit Score Impacts Your Ability To Buy A House https://www.rochesterrealestateblog.com/how-credit-score-impacts-buying-house/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=16086 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Top Winter Home Selling Mistakes | 7 Errors Made While Selling A House During The Winter https://www.rochesterrealestateblog.com/top-winter-home-selling-mistakes/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=16051 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Top Winter Home Buying Mistakes | 11 Errors Made While Buying A House During The Winter https://www.rochesterrealestateblog.com/winter-home-buying-mistakes/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=16013 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What Address Change Form Should I Use At The Post Office? https://www.rochesterrealestateblog.com/address-change-form-post-office/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=15981 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What Does Contingent Status Mean in Real Estate? https://www.rochesterrealestateblog.com/what-does-contingent-status-mean-real-estate/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=15956 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
DIY Renovation Ideas For Your Backyard https://www.rochesterrealestateblog.com/diy-renovation-ideas-backyard/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=15937 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How to Rent Your First Apartment Guide https://www.rochesterrealestateblog.com/how-to-rent-an-apartment/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=15931 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Tips For Selling A Home Virtually https://www.rochesterrealestateblog.com/tips-selling-a-home-virtually/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=15907 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
The Complete Winter Storage Checklist For Your Belongings https://www.rochesterrealestateblog.com/winter-storage-checklist/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=15885 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Should I Waive My Home Inspection When Buying A House? https://www.rochesterrealestateblog.com/should-i-waive-my-home-inspection/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=15870 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
The Biggest Self Storage Companies Reviewed https://www.rochesterrealestateblog.com/biggest-self-storage-companies/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=15836 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Earnest Money and House Deposits Explained https://www.rochesterrealestateblog.com/earnest-money-house-deposits-explained/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=15760 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Moving Mistakes To Avoid https://www.rochesterrealestateblog.com/moving-mistakes-to-avoid/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=15568 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Top Mortgage Myths | Demystifying Common Home Loan Misconceptions https://www.rochesterrealestateblog.com/top-mortgage-myths/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=15102 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
First-Time Home Buyer Mistakes to Avoid https://www.rochesterrealestateblog.com/first-time-home-buyer-mistakes/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=14815 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
10 Tips For Adding Appeal To Your Home This Summer https://www.rochesterrealestateblog.com/10-tips-adding-appeal-to-home-this-summer/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=14237 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Exploring The Merits of Smart Home Technology When Selling a Home https://www.rochesterrealestateblog.com/smart-home-technology-selling-a-home/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=13782 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Top Frequently Asked Questions From Home Sellers https://www.rochesterrealestateblog.com/top-frequently-asked-questions-home-sellers/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=2424 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
First Time Home Buyer Programs In Rochester NY &#8211; Updated January 2025 https://www.rochesterrealestateblog.com/first-time-home-buyer-programs/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock http://rochesterrealestateblog.com/?p=580 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How New Doors &#038; Windows Can Boost Your Home Value https://www.rochesterrealestateblog.com/how-new-doors-windows-boost-your-home-value/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=13643 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Top 5 Things To Know When Flipping Your First House https://www.rochesterrealestateblog.com/5-things-to-know-when-flipping-your-first-house/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=13574 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What Are The Best Mortgage Options for Self Employed Borrowers? https://www.rochesterrealestateblog.com/mortgage-options-for-self-employed-borrowers/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=13450 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Top 10 Best Places To See Christmas Lights In Rochester NY https://www.rochesterrealestateblog.com/top-10-best-places-see-christmas-lights-rochester-ny/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=10236 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What Are The PROs And CONs Of Multifamily Homes? https://www.rochesterrealestateblog.com/what-are-the-pros-and-cons-of-multifamily-homes/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=13219 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
What Low-Cost Home Improvements Should You Make Before Selling Your Home? https://www.rochesterrealestateblog.com/low-cost-home-improvements-you-should-make-before-selling-your-home/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=13114 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
15 Things Millennial Home Buyers Look At While Buying A House https://www.rochesterrealestateblog.com/15-things-millennial-home-buyers-look-at-while-buying-a-house/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=13028 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How Does A Fence Increase The Value Of Your Home https://www.rochesterrealestateblog.com/how-does-a-fence-increase-the-value-of-your-home/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=12995 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
5 Simple &#038; Low Cost Fixes To Make Your Home More Appealing To Buyers https://www.rochesterrealestateblog.com/5-simple-and-low-cost-fixes-to-make-your-home-more-appealing-to-buyers/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=12779 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How To Improve A Homes Curb Appeal In Rochester NY https://www.rochesterrealestateblog.com/how-to-improve-a-homes-curb-appeal-rochester-ny/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=12665 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
7 Ways to Create an Energy-Efficient Home While Conserving Your Budget https://www.rochesterrealestateblog.com/7-ways-create-an-energy-efficient-home/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=12633 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Hiring Movers Vs. Moving Yourself | The PROs &#038; CONs Of Each https://www.rochesterrealestateblog.com/hiring-movers-vs-moving-yourself/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=12592 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Should You Pay Off Student Loans Before Purchasing a Home? https://www.rochesterrealestateblog.com/pay-off-student-loans-before-purchasing-a-home/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=12531 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Should I Build A New Home Or Buy An Existing Home? https://www.rochesterrealestateblog.com/should-i-build-a-new-home-or-buy-an-existing-home/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=2497 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
Buying A Condo Vs. Renting A Condo | What Are The PROs &#038; CONs? https://www.rochesterrealestateblog.com/buying-a-condo-vs-renting-a-condo/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=12402 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
9 Money Saving Moving Tips | How To Cut Costs When Moving https://www.rochesterrealestateblog.com/9-money-saving-moving-tips/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=12341 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
How to Create a Proper Home Maintenance Checklist https://www.rochesterrealestateblog.com/how-to-create-a-proper-home-maintenance-checklist/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=12300 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
5 Tips For Tenant Screening | How To Weed Out Bad Tenant Applicants https://www.rochesterrealestateblog.com/tips-for-tenant-screening/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=12291 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
The Best Social Media Blogs For Real Estate From 2017 https://www.rochesterrealestateblog.com/best-social-media-blogs-2017/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=12045 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
The Best Home Improvement Blogs From 2017 | Advice For Home Remodeling https://www.rochesterrealestateblog.com/best-home-improvement-blogs-2017/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=12044 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>
The Best Mortgage Blogs From 2017 | Advice For Home Financing https://www.rochesterrealestateblog.com/best-mortgage-blogs-2017/ Tue, 02 Dec 2014 12:00:44 +0000 Kyle Hiscock https://www.rochesterrealestateblog.com/?p=12043 3 Valuable Tips for Selling a Waterfront Property[/caption] When selling a home, a real estate agent and the seller must be on the same page as one another.  This is even more critical for a seller and real estate agent when selling a waterfront property, as it can be more "tricky" than selling a three bedroom ranch in a suburban neighborhood. A real estate agent who says selling a waterfront property is the same as a three bedroom ranch is not being honest or does not have any experience in selling waterfront properties.  This can also be said for selling a luxury home, a condo, or town home.  Each type of property is marketed and sold differently. Now that you have decided to sell your waterfront property, what things should you be aware of when selling a waterfront property?  Here are several tips for selling a waterfront property, that if followed, will lead to a successful sale. Price It Right, From The Start The biggest factor of whether or not a home sells or does not sell, is price.  The price that a home enters the market at will do the majority of the marketing of the home.  Pricing a home right and it will sell.  Price a home wrong and it will sit.  There are several real estate pricing mistakes that are commonly made by sellers and real estate agents alike. When selling a waterfront property, pricing it right, from the start is extremely important. Pricing a waterfront piece of property takes experience.  There are several methods to determining the list price of a home that a great real estate agent will use.  The most common method that real estate agents use to determine value is by completing a comparative market analysis, also known as a CMA.  There are several factors a real estate agent should take into consideration when completing a comparative market analysis of a waterfront home.
  • Location - This is a very cliche real estate term.  Location is important when selling any home, however, the location of a waterfront property is even more magnified.
  • Waterfront Size - The body of water that a property is located on is very important.  There is no general formula for determining price based on waterfront size, however, the size of the waterfront can impact the value of a waterfront home, both positively and negatively.
  • Frontage - This is a very important factor that needs to be taken into consideration when a real estate professional completes their CMA.  Generally, the more the frontage, the higher the price.  Is the frontage level or sloped?  Is the water depth conducive to allowing boat access?  Is the frontage able to be used for recreational purposes?
  • Amenities - Many waterfront properties are part of a "community."  These communities often have several amenities, such as clubhouses, pools, or fitness centers.  These amenities come with a price tag, usually by way of a homeowners association fee (HOA).  In addition to the community amenities, it's important that a real estate agent knows what amenities the waterfront property has, such as private docks or beaches.
When selling a waterfront home, the most fail-proof method to determining the price is by obtaining an appraisal.  When selling a waterfront home, the cost to obtain an appraisal, which generally costs between $300-$500, is money very well spent.  Waterfront properties are normally worth hundreds of thousands or even millions of dollars, so several hundred dollars can mean a return of several thousands of dollars. [caption id="attachment_1740" align="aligncenter" width="450"]Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe! Hire a Top Producing Agent when selling a waterfront property...Not a Wannabe![/caption] Hire A Top Producing Real Estate Agent When selling a waterfront property it is critical that a top producing real estate agent is hired.  Selling a waterfront property cannot be done purely by luck.  Some real estate agents will put a sign in the front yard of a home and put the information into the computer and hope that is sells.  These real estate agents are known as a "post and pray Realtor."  There is no crystal ball that can tell you whether the real estate agent you hire will sell your home.  There are however several tips for interviewing Realtors that should be followed when selling your home.   What do top producing real estate agents do to sell waterfront properties?  Here are just a few things that real estate agents with experience in selling waterfront real estate will do.
  • Know The Competition - When selling waterfront properties, a real estate agent must know the competition.  Every waterfront property is unique but a top producing real estate agent should be able to determine what the competition is.  By identifying the competition, a great real estate agent will know how to market their listing and get it sold!
  • Know How To Sell The Waterfront Lifestyle - Selling a waterfront property is more than selling a piece of real property.  When selling a waterfront property, a real estate agent needs to sell the waterfront lifestyle as well.  Real estate agents who have experience in selling waterfront properties will make suggestions such as staging the shoreline with beach chairs and umbrellas or staging the outdoor patio with furniture and a grill.  A buyer who can envision themselves having a relaxing day on their private beach or a BBQ on their patio is more likely to make a solid offer.  Another creative lifestyle selling tip that real estate agents should suggest to their clients who are selling waterfront properties are water "tours."  What better way to sell a potential buyer on a waterfront property than taking them out on the water for a "tour."
  • Know How To Sell Your Home With Words -  Real estate agents are limited to the number of characters they can use for their properties descriptions.  There are some real estate agents who do not use any of the characters and others who use them all.  A top producing real estate agent should know how to sell your waterfront property with the description.  Since over 90% of home buyers are using the internet to shop for homes, it's critical to sell a waterfront property and lifestyle with the limited characters provided.
  • Know How To Sell Your Home With High Quality Pictures & Videos -  The saying "a picture is worth a 1,000 words" is very true when it comes to selling waterfront properties.  High quality photos and videos are imperative to selling waterfront properties.  Taking photos of waterfront properties is different than showcasing that three bedroom ranch in the 'burbs.'  The quality of the photos are very important but also are the angles in which the photos are taken.
  • Know The Waterfront Properties "Ins-and-Outs" - When selling waterfront properties, there are specific things that a top producing agent will need to know about the property.  A very important thing for a real estate agent to know is whether the waterfront property will require flood insurance or not.  If so, this can drastically change a potential buyers monthly mortgage payment and should be disclosed to any potential purchaser to eliminate problems with financing at the last minute.  A top producing real estate agent will also know to ask about the waterfront properties waste disposal system.  Is the property on public sewers?  Is the property on a septic tank?  Does it have a holding tank?  If so, when was it last pumped?
[caption id="attachment_1743" align="aligncenter" width="450"]Prepare The Waterfront For The Sale! Prepare The Waterfront For The Sale![/caption] Prepare The Waterfront Home For Sale When selling a home, it's important that a home is prepared properly before listing it for sale.  When selling a waterfront property, it is very important as well and there are some specific things that should be considered.  Buyers who are considering a purchase of a waterfront home will have very particular things they will be looking for in each potential property.
  • Waterfront Visibility - When buying a waterfront property, the view is one of the most important things to a buyer.  Before listing your waterfront home for sale, triple check on the view of the water.  Seems like a very simple and obvious thing, but it is common to see waterfront property with an obstructed view of the water.  Take the time to ensure all trees, bushes, and shrubs are trimmed nicely and they are not left obstructing the gorgeous waterfront view.  Also, cleaning the interior and exterior of all the windows in the home is a easy way to increase the visibility to the waterfront.
  • Dock Accessibility - There is no doubt that when selling a waterfront property, a potential buyer is going to want to see the dock.  Before listing your waterfront property for sale, make sure it is relatively easy to access your dock.  If it is difficult for a potential buyer to access the dock, it is possible they may pass on your home.  It's a good idea to also ensure the stability of the dock is of high quality.  The last thing you want to kill the sale of your waterfront home is an unsafe dock.
  • Shoreline Cleanliness - This may seem cumbersome, but the cleanliness of your shoreline at your waterfront home is important to prepare before selling. For example, a seaweed infested shoreline can be a major turnoff for a potential buyer and can be avoided.  Take the time to evaluate your waterfront properties shoreline and if there is something that can be corrected, it is worth correcting!
  • Curb ("Water") Appeal - When selling a home, the homes curb appeal is extremely important, as it is often a potential buyers first impression.  It becomes even more important when selling a waterfront property.  When selling a waterfront property a seller must now also be aware of how their home looks from the water.  Waterfront properties that are being sold are often inquired about from a boater who maybe taking a ride around the lake.  A great real estate agent should have a for-sale sign in front of the waterfront property but also on the shoreline.  If a waterfront property looks run-down from the water, it can turn-off a buyer right away.
Selling a waterfront property does not have to be rocket science.  With the proper preparation, execution, and by following the above tips for selling a waterfront property, you can be assured the process will seem relatively stress-free and successful. Other Home Selling Resources Are you thinking of selling your waterfront property in the Greater Rochester, NY area or your waterfront property on one of the finger lakes?  Contact us as we'd love the opportunity to discuss with you how we will sell your waterfront property for top dollar!
About the authors:  The above article "Tips for Selling A Waterfront Property" was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).  With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. Visit our website at www.HiscockHomes.com.]]>