DON'T OVER-IMPROVE YOUR HOME

By Delia Reece

Mar 29, 2010

You have received some extra cash you were not expecting and have decided to remodel your home. If you are planning a major renovation, take a few sensible precautions before having plans drawn up and signing on the contractor's dotted line.

Whenever you do any significant remodeling, you run the risk of over-improving your home in relation to other properties in the neighborhood. I will be glad to provide you with a comparative market analysis of what your home is worth. I can tell you about local market trends and discuss the recent sales of comparable homes in your area. If properties in your neighborhood are experiencing healthy price appreciation, doing some major remodeling to improve your home might make sense. However, if there is not much difference between the prices of remodeled homes and those that have not been renovated, expensive changes may be hard to recover if you sell your home soon.

Call me to discuss your particular circumstance.

For rock solid advice on buying or selling real estate, call Craig Reece at 435-647-8017 or toll free at 1-800-553-4666.

Tags: Craig's Weekly Tips, Real Estate
Posted in Real Estate, Craig's Weekly Tips | 0 Responses to "DON'T OVER-IMPROVE YOUR HOME"

MAKING AN OFFER ON A UNIQUE HOME

By Delia Reece

Mar 22, 2010

Negotiating the purchase of a luxury home is a fine art. Only a qualified real estate agent with a reputation for closing high-end transactions can negotiate the best deal with the necessary expertise, sensitivity and discretion.

Before you make an offer on a home, schedule professional inspections of the house, fire, security and septic systems, so you have an objective evaluation of the condition of the home and grounds. Have an attorney review the title search and clarify any outstanding issues relative to easements, boundaries, water and mineral rights or liens against the title. Read the seller’s disclosure statement carefully, and ask your agent to explain any items you don’t understand. Set a limit on the maximum dollar amount you are willing to pay for the property, so your realtor is operating within pre-established guidelines when negotiating price on your behalf.

Stay in close communication with your agent while the terms of the offer are being resolved.

For rock solid advice on buying or selling real estate, call The Reece Team toll free at 1-800-553-4666.

Tags: Craig's Weekly Tips, Real Estate
Posted in Real Estate, Craig's Weekly Tips | 0 Responses to "MAKING AN OFFER ON A UNIQUE HOME"

STANDING OUT AMONG THE CROWD!

By Delia Reece

Mar 15, 2010

Spring, the best season for home selling is here. How do you get real estate agents and buyers to notice your home in the midst of an accumulating number of local “For Sale” signs? How can you draw attention away from the competition? First, prepare your home before you list it. Get your home into prime showing condition by investing in needed repairs, fresh paint, yard work and a deep cleaning inside and out. Ask for staging advice from your real estate agent. Schedule a home inspection if you want to obtain an objective evaluation by a licensed professional. Avoid overpricing your property! An inflated asking price can undermine any chances you have of attracting buyers in a slowing market. Work closely with your real estate agent to decide on a realistic asking price and create a comprehensive marketing strategy. Be willing to discuss any and all offers with your agent, and be as flexible as possible relative to the terms of the sale. For rock solid advice on buying or selling real estate, call Craig Reece at 435-647-8017 or toll free at 1-800-553-4666.

Tags: Craig's Weekly Tips
Posted in Real Estate | 0 Responses to "STANDING OUT AMONG THE CROWD!"

Deer Valley Powder Day

By Delia Reece

Mar 10, 2010

This was a good powder day at Deer Valley during the week with not many skiers to compete with.

Tags: Deer Valley, Skiing
Posted in Deer Valley, Skiing | 0 Responses to "Deer Valley Powder Day"

YOUR PRIVACY IS MY CONCERN

By Delia Reece

Mar 09, 2010

A priority among high-end homebuyers and sellers is privacy. Marketing a multi-million-dollar home is often done through the real estate agent’s select contacts, to preserve the personal security of the client.

Many exclusive homes never make it to the MLS service, because the agents who represent the sellers introduce the property selectively. Agents who are familiar with the luxury market know that finding a buyer is often a matter of great detective work. For every upscale home, there is an ideal buyer among a target group with interest in such a property. One of the secrets to success among agents who work with very high-end clients is that they are able to market the home directly to the right buyer pool, instead of casting a wide net that draws in people who are merely fascinated with the high-profile lifestyle.

The client’s business manager or financial advisor will often be the working contact in the negotiations process. Luxury home marketing requires extensive networking on the agent’s part.

For rock solid advice on buying or selling real estate, call Craig Reece at

435-647-8017 or toll free at 1-800-553-4666. Craig has been a full time Park City resident since 1973 and a full-time real estate agent since 1978.

Tags: Craig's Weekly Tips
Posted in Real Estate, Craig's Weekly Tips | 0 Responses to "YOUR PRIVACY IS MY CONCERN"

Park City Athletes Win Olympic Medals

By Delia Reece

Mar 01, 2010

The 2010 winter Olympics in Vancouver was a record setting venue for American athletics with 37 medals won. Park City, Utah, represented America well with 10 medals won by Park City residents.

Bill Demong won a gold medal in the Nordic Combined

Lindsey Vonn won a gold medal in the Downhill

Steve Holcomb won a gold medal in the Four-man Bobsled

Chad Hedrick won a silver medal in Speedskating Team Pursuit

Jeret Peterson won a silver medal in the Aerials

Brett Camerota won a silver medal in the Nordic combined Team Relay

J.R. Celski won a bronze medal in Short Track 1,500

Bryon Wilson won a bronze medal in the Moguls

Shannon Bahrke won a bronze medal in the Moguls.

The skiing is still very good in Park City and Deer Valley. Try to get out here in March. If you know of anyone who may be interested in real estate here; please have them contact me.

Tags: News, Park City
Posted in Deer Valley, News, Park City, Skiing | 0 Responses to "Park City Athletes Win Olympic Medals"

Subscribe to this blog