Wednesday, June 13, 2018 / by Geoffrey Zahler
If you're thinking about selling your home, and you're living in the property, there are a few items that will help you get your home ready for sale, and remain "sale ready" throughout the showings. We compiled a small list of 5 important items to incorporate when selling your home.
1. De-Clutter your Home
Many people "collect" things while living in a home. Eventually, personal items sometimes can overtake a living space, and cause gridlock in the flow of your floorplan. While personal items are great, and a reminder of the life you've lived in that home, too many personal items can be a distraction to a potential buyer. By thinning out your personal items, a buyer will be better able to concentrate on the home, and not Aunt Edna's "Coo-Coo Clock" that is in dire need of a tuneup. If you're planning on selling, you'll have to pack items up eventually, so it may be a good idea to get a jumpstart on some items!
2. Replace Lightbulbs
This one is simple.&r ...
Thursday, May 17, 2018 / by Geoffrey Zahler
On Today's episode of #ZPLive (https://youtu.be/qo42rRBzvx4) we discussed a Case Study discussing selling your home to one of the large online home buyers vs selling the home through a traditional manner. Many people have seen commercials for OfferPad, OpenDoor and now, Zillow, to BUY your home for you and you can close at your convenience. But, does the convenience offset the price? Read on...
I took my home, located in Las Vegas, and entered details onto one of the large website companies (not going to name names - hint, I did let it slip which one on the video above). I entered all my information, including all the upgrades and dates they were done, and even submitted some pictures. Within about 12 hours, I received my offer.
I then had 2 agents that are UNRELATED to me and had them provide me an anticipated List Price, anticipated Sales Price, How long they thought it would take to list, sell and close my sale, and most ir ...
Monday, April 2, 2018 / by Geoffrey Zahler
We are getting a lot of questions on the home buying process and how things are in the Las Vegas Market in 2018, so I figured a quick blog would be a great idea. As always, this is a stream of consciousness, and should be used as a good starting point. If you have further questions, you can reach us at: GSZ@ZahlerProperties.com or 702-903-2735.
The Las Vegas Market - A 2018 Outlook for Buyers
The market here in Las Vegas is one of the hottest markets in the country. Depending on the source, or the article, we are ranked anywhere from #1 to the #5 top markets to expect in 2018, but that doesn't mean you've missed your opportunity to purchase. It just means there should be a little more preparation before you jump head first into the market.
If you're going to get a mortgage, and most people do, prepare to see a rate a little higher than you have been hearing on the news, or from Friends. Interest Rates have been steadily increZ ...
Wednesday, December 20, 2017 / by Geoffrey Zahler
It's that time of year... to make bold, bodacious, easy, and crazy predictions for 2018. These are taken from the Facebook Live we did on 12/20/2018. Want to watch the video instead... I won't take offense: 2018 Bold Predictions - FB Live Video
Las Vegas Market Statistics Predictions:
For 2016, there were a total of 41,107 units (single family, multi-family, townhomes, condos) sold!
For 2017, through 11 months, we are already at 41,141
For 2018 - I am predicting 49,000 units sold!
Median Days on Market
In 2017, we are sitting currently at 15 Days on Market
I think 2018 will be slightly slower, but still predicting the Median Days on Market to be 18 Days
This is for the Total amount of all sales recorded through the MLS
In 2017 we are on pace for just under $12,000,000 (That's 12 Billion)
For 2018, I anticipate us hitting a mark of $13,250,000! (13.25 Billion Dollars)
Median Sales Price for All Units (including Townhomes, Condos, f ...
Wednesday, December 13, 2017 / by Geoffrey Zahler
We just did a "ZP" Live on Facebook that covers this topic, so if you want to hear me ramble on camera - check out the YouTube Channel and the link here: ZPLive Episode 21 - Tax Reform Bill
**Disclaimer: I'm not a tax professional - you'll hear me say this a ton in the video and below**
So - Taxes - no one likes to pay them, and everyone is afraid of them now, but realistically, even if the Tax Reform is passed, it may not have the same impact on us here in the Las Vegas area as it does in other high cost areas.
Currently, if you live in your home as a Primary Residence for 2 of the last 5 years, when it's time to sell, you will be able to sell and NOT pay any taxes on your Capital Gains, up to $250,000 of gains for a Single Filer, or $500,000 if you're married and file jointly. That's not the TAX break, that's the amount of gains you would be protected from. For instance, with very simple math, if you bought a home for $500,000 and soldr ...