Signs of economy picking up.

It is reported today in The Irish Independent that there are further signs that there is a pckup in the domestic economy

The Manufacturing sector has expanded for the sixth month in a row, The Ulster Bank has upgraded its economic forecast for the year as exports are currently booming. The Bank now expect GDP to expand 0.5% this year doubling their original forecast.

The Property Tax Chestnut!!

All reports from Government, unconfirmed as they are now, seem to point to the introduction of a new ‘value based’.  property tax. This will surely send alarm signal to all property owners still trying to come to terms with the past 5 years of relentless cuts/austerity . The Governments plans are to introduce the tax in December’s Budget according to submissions to the Trioka.

We can expect to have so-called experts from all Parties wading in with there opinions in the coming weeks but how is this workable? Will it be self assessed (certainly open to under valuation). The recently formed Property Services Regulatory Authority will certainly not be in a position by the end of the year,  to have a comprehensive list of recent sales for people to use as comparables.

Homeowners in Dublin , Cork, Galway will have to pay considerably more than their country cousins. Yesterday the IPAV  said that the proposal was ‘crazy’and didnt know how it would be implemented, while the Society of Chartered Surveyors said the plan ‘will lead to perceptions of unfairness’.

Decrease in rental properties available?

Sunday Independent report that there has been a 14% decrease in the number of properties available to rent across the country compared to the same time last year. While this is good news for you Landlords out there , these figures were not broken down on a town to town basis and there would be some debate locally whether supply of rental properties have decreased when you view locally available properties on National websites.

Are the banks really lending?

A recent survey carried out by the Professional Insurance Brokers Association (PIBA) has highlighted the fact that the Banks are turning away 8 out of 10 people looking for finances for a house purchase. Dispite what we the agents are being told locally ( We are open for business!), it would appear that there is a definite unwillingness for the Banks to lend.

Karl Deeter, compliance Manager with PIBA said that ‘banks cook up whatever excuse suits them’. He continued that ‘BOI & ICS give offers out like sweets – but the offers are hard to close, because they are littered with conditions’ .

This has to be proof that the stalemate in bank lending is compounding the problems of the collapsed property market. It looks that for the forseeable future cash will continue to be  king in the local property transactions.

Tips For Selling Your Home

Many home sellers face competition from hundreds of other home sellers in the same or comparable area and price range. When you want to sel your home, you have to find a way to stand out from the competition. The last resort as a seller, you want to be faced with to attract potential buyers is to lower the price of your property.

An effective way to differentiate your property from all the rest is to ‘present bit properly’. You must present your home as if it were a show-home, emphasizing its most positive attributes and eliminating all possible distractions. You have to communicate your property’s potential to buyers. This is true of ever home in every range.

1 Mindset of Buyers

Buying a home is an exhausting process; by the time potential buyers get to your doorstep they want to see a place where they can relax, feel comfortable and make their own. The more the home projects a clean, calm and comforting feeling, the more inclined buyers are to make you an offer.

Some buyers do not have the imagination, desire or time to make the transformation of a new home. You have to facilitate a buyer by understanding the way they think. The buying process involves emotional experiences, money and timing. Most people are visual buyers. If your home does not look spotless, well taken care of,

and repaired, buyers think there is more damage to the home than what they are seeing.

2 Getting the Price Right

Pricing along with condition and location is very important aspect in determining whether your home will sell quickly or not. The average buyer looks at 15-20 properties at the same time that they are considering yours. If your set price range does not compare to others in the area, you will not be taken seriously and your home will sit on the market. If the house is overpriced, it will probably not sell. If overpriced now with the intention of reducing later, this will signal that it was and probably still is overpriced. If your house is under-priced it will most likely sell quickly, but at the detriment of your net earnings. A well maintained house will sell for more than a similar one that has not

been maintained routinely and needs repair.

3 First Impressions

Go across the street and look at your home from a distance. Pretend you are a buyer. What do you see, what feeling will a potential buyer have when they pull up. Kerb appeal

is important. If buyers are not attracted by the looks of the exterior, you will never get them inside. Clean the outside, windows, paths. Give the front door a lick of fresh paint.

Mow the lawns. Add a few flowers in the spring and summer. You must have an unemotional eye when assessing your property.

4 Declutter your Home

Clutter absorbs the energy of space. Although it is one of the biggest challenges when preparing your home for sale, you must de-clutter. To do it efficiently, do it one room at

a time. Aim for flow and openness so your room looks bigger. Less is more! You are not selling your things, you are selling your space.

5 Make Minor Repairs

Repairing items shows you take care of your home. Buyers are always looking for things that are wrong so that they can lower the price. If they find something that does not look good to them, they will automatically begin to calculate the amount of money they need to take off the sales price in order to get the home in the condition they want. And they usually exaggerate this!! Buyers spend a lot more time than you would think, staring at the ceilings. You don’t want any signs of a leaky roof ir any stains from grease, smoke or ceiling cracks. Nothing says freshness like new paint, and it’s the most cost effective improvement to your home. Don’t give the buyers a reason to remember your home as ‘the house with the orange bathroom’

6 Don’t do Major Renovations

The idea is not to spend a lot of money on preparing your home for sale. Do not invest heavily into costly home improvements unless the buying price ends up covering these costs. When possible , stick to the simpler and less expensive options.

7 Make your home sparkle

Clean houses are more appealing. Pay special attention to the kitchen, as this is one of the most observed spaces in a home. Wash windows inside and out, clean the cobwebs, polish taps and mirrors, steam clean any carpets that are crying out for it, vacuum daily, clean out fireplaces full of old ashes, bleach stained grout, hang out fresh towels, clean and air out any musty smelling areas. Clean your home until it is spotless! Maintain the new and improved interior and exterior of your home until you sell successfully. It is hard but it is necessary

8 Neutralise Smells

Be very sensitive to smells and eliminate all unsavory smells throughout your house. Whether it comes from the Laundry, Pets, Rubbish, Cooking or Smoking: excessive smell turns buyers off. Ask a friend about any smell of your house. You may be so accustomed to the smells and might not notice them anymore. It is best to find the root of the problem and

remove it permanently. A pleasantly scented house is very inviting.

9 Examine Everything

Look at your house through the buyers eye, as though you haven’t seen it before. Stand outside – Do you want to go in – Is it inviting? Stand in the doorway of every single room and imagine how it will look to a buyer. Is there anything else you can do? Anything else you can remove? Anything missing that you can add?

10 Viewing the House

Always have your house available to view, even though it may occasionally be inconvenient for you. You will always be given plenty of notice before any viewing. Leave on plenty of lights, it makes your home warm and inviting. Do not uses scented sprays to prepare for visitors. It is too obvious, and some people may be allergic. Use a bowl of potpourri or something natural. If it’s hot, keep the house cool. If it’s cold keep the house warm. Buyers will not stay in a house that is too hot or too cold. Take any pets away with you , if not possible have them in the back garden. Make your beds, pick up newspapers, don’t leave empty glasses lying around etc

11 Now ‘Close the door behind you’

Your agent and potential buyer would prefer that the seller not be present during a viewing, it will limit the buyers conversation or make them feel uncomfortable. Homebuyers feel like ‘intruders’ if you are home when they visit.

Download Now Download All 11 Tips!

Choosing The Right Agent

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Duis rhoncus, nulla ac commodo convallis, ligula purus viverra leo, quis pretium ligula tortor nec turpis. Etiam vitae nulla mauris, viverra malesuada neque. Vestibulum leo nunc, dapibus ut consectetur suscipit, viverra pharetra erat. Nunc et nibh quis nibh lacinia varius pharetra quis mauris. Duis vitae urna pharetra tellus condimentum luctus vel non augue. Etiam enim felis, tincidunt non tempus nec, dignissim sed libero. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Aenean placerat vestibulum dignissim.

Heading 2

Ut commodo fermentum odio. Maecenas eu gravida tortor. Aliquam eros magna, interdum ut iaculis iaculis, sagittis in urna. Aliquam sit amet ligula orci, non volutpat arcu. Praesent scelerisque est id sem rhoncus mollis. Ut sed fermentum arcu. Praesent ut mi justo, sit amet imperdiet ante. Nullam tellus turpis, condimentum eu dictum sit amet, dictum vel odio.

Heading 3

Proin gravida auctor feugiat. Vestibulum nibh quam, accumsan non ornare ac, iaculis ac sem. Nam blandit faucibus nibh non tempor. Vivamus mi diam, gravida vel varius eget, rutrum in magna. Integer non placerat nisi.

Heading 4

Vivamus at condimentum sem. Nulla vel libero non metus sagittis lobortis. Class aptent taciti sociosqu ad litora torquent per conubia nostra.