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May 17


8 ways agents avoid overpriced listings and Company offers free virtual tours, property sites PDF Print E-mail

You did the comps, the property was priced right when you listed it, but no one is buying. It's now six months later, prices have declined even more, and your listing is now overpriced. What could you have done to avoid being in this predicament in the first place?No matter how good you are at pricing, there are times when you'll get stuck with an overpriced listing. The best way to avoid having an overpriced listing is to take proactive steps at the time you sign the listing agreement.This strategy works well at the time you list the property or any time during the listing period. During an executive review, your manager and a team of three or four other agents visits the property before it officially goes on the market. Each member of the executive review team provides a written evaluation of the property including strengths, weaknesses, as well as anticipated selling price. [Read the full article]

Bellevue, Wash.-based technology company Home87.com offers virtual tours and property sites for an unlimited number of properties. The sites' features include Walk Scores; Google Maps, Street View and Analytics; search engine optimization; unlimited photos; printable fliers; optimized Craigslist HTML code; document upload capability; and an open house calendar, among others.Home87's parent company is FarFani.com. Home87 is funded by sister company Fax87.com, with which it plans to partner with in the future. Home87 also sells sign riders and domain names, the latter for $10 each.All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News.Use of this content without permission is a violation of federal copyright law.Bellevue, Wash.-based technology company Home87.com offers virtual tours and property sites for an unlimited number of properties. [Read the full article]

Editor's note: Kori Covrigaru is CEO of PlanOmatic, an online real estate marketing company providing interactive home tours.Over the last five years or so, 360-degree panoramic virtual tours have slowly decreased in popularity. This has happened for various reasons, but the one that sticks out to me the most is the increasing popularity of mobile Web browsing, and the lack of support by mobile platforms for Flash. Yes, you can thank Steve Jobs for that one.     See related article:Based on a study by StatCounter, as of November 2010, mobile Web browsing makes up for approximately 4.02 percent of the total Internet traffic. [Read the full article]

For most people, sometimes even experienced designers and contractors, the toughest part of a remodeling project is visualizing what the space is going to look like afterward. A set of plans is a great first step, of course, but they often don't give you the three-dimensional perspective you need to really see the room and experience perspectives, traffic patterns, light, and all the rest.So, once the demolition is complete and the room is bare, do some simple experimenting. This should occur before anything goes back in, including wiring, plumbing and drywall, since this is your one opportunity to make changes in the original plans if you catch something you don't like.Get it on tape The easiest place to start is on the floor, with masking tape. Refer to your plans and tape out the major immovable components of the remodel, such as walls and cabinets. [Read the full article]

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