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Real Estate

Ask the Expert: What Can Sellers Do to Prepare for a Home Inspection?

RisMedia - January 18, 2018 - 3:28pm

Today’s Ask the Expert column features Buddy Stark, director of Operations for HomeTeam Inspection Service.

Q: What can sellers do to prepare for a home inspection?

A: Completing these quick and easy tasks before beginning the selling process will help reduce stress and save your clients valuable time during the home-selling process.

Clean the House
An important part of selling a home is keeping it clean in anticipation of a showing. Cleaning the home will convey that it’s been well cared for and that the house is less susceptible to any issues caused by neglect.

Check All Windows
Have your client take a quick inventory of the windows to make sure they’re in good working order. Replace windows that are cracked or broken before the inspection to save time during the selling process.

Finish the Honey-Do List
Some areas of the home, although not typically thought of as areas that would affect a home’s appeal, may be displayed as safety concerns on a home inspection report. Your client can help themselves by replacing burnt-out lightbulbs, testing smoke detectors, replacing air filters and unclogging drains. These little things are easy to forget in day-to-day life, but taking care of them is a relatively easy task that will help potential buyers focus on the important systems of the home.

Check All Outlets
A sampling of electrical outlets will be tested as part of the home inspection to make sure they’re in good working order. Encourage your clients to take note of which outlets are not functioning in the home and replace them. Or, they may want to consider hiring an electrician to make sure both outlets and the electrical box are updated and in proper working condition.

Clear Areas for Easy Access
Home inspectors will be looking at the major parts of the home, including the foundation, HVAC systems, electrical systems, plumbing and even the water heater. Making sure home inspectors can easily access these areas, including the basement and attic, will save time during the inspection process.

Consider a Pre-Listing Inspection
Hiring experienced and professional home inspectors can save a lot of headaches during the selling process. They will thoroughly go through the home and notify clients of any potential issues ahead of listing the property.

For more information, please visit www.hometeam.com.

For the latest real estate news and trends, bookmark RISMedia.com.

The post Ask the Expert: What Can Sellers Do to Prepare for a Home Inspection? appeared first on RISMedia.

Categories: Real Estate

NAR Leaders Are Well-Represented in Power Rankings

NAR Daily News Magazine - January 18, 2018 - 12:00am

Elizabeth Mendenhall is the first NAR president to be named twice to the prestigious list of real estate industry leaders.

Categories: Real Estate

Fannie Offers ‘Healthy Housing’ Incentive

NAR Daily News Magazine - January 18, 2018 - 12:00am

A new program gives financial motives to multifamily owners who are providing services that improve the health and well-being of tenants...

Categories: Real Estate

Report: Homes Are Getting Even Less Affordable

NAR Daily News Magazine - January 18, 2018 - 12:00am

All four regions saw a decrease in affordability compared to a year ago, with the Midwest seeing the deepest cut.

Categories: Real Estate

Foreclosed Homes Dip to 12-Year Low

NAR Daily News Magazine - January 18, 2018 - 12:00am

Foreclosure activity plunged in 2017, and the distressed properties remain increasingly difficult to find in many markets. 

Categories: Real Estate

Housing Advocates Push for Rent Control

NAR Daily News Magazine - January 18, 2018 - 12:00am

With rising rents, advocacy groups are urging lawmakers to pass laws that cap just how much rents can go up.

Categories: Real Estate

Study: Top 10 Most Trusted Builders

NAR Daily News Magazine - January 18, 2018 - 12:00am

See the homebuilders that consumers depend on the most. 

Categories: Real Estate

Loan Demand Jumps Over Fears?

NAR Daily News Magazine - January 17, 2018 - 12:00am

Interest rates are on the rise but mortgage applications are still rising, a change from normal patterns. 

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Builders Reveal Top 10 Biggest Concerns

NAR Daily News Magazine - January 17, 2018 - 12:00am

Homebuilding still isn't proceeding fast enough to keep up with the demand. Why not? Builders point to several reasons.

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The Fastest Growing States May See Housing Boom

NAR Daily News Magazine - January 17, 2018 - 12:00am

Population growth is far from even across the country. The South and West are seeing the bulk of the increases, while the Northeast and Midwest...

Categories: Real Estate

Starved for Inventory, Some Cities Eye ‘Granny Flats’

NAR Daily News Magazine - January 17, 2018 - 12:00am

“This is going to be a major piece of the solution to our housing crisis in the next decade,” a representative on the Bay Area Council...

Categories: Real Estate

The Most Affordable Beach Towns in the U.S.

NAR Daily News Magazine - January 17, 2018 - 12:00am

For buyers who dream of living near the water, they still may be able to snag a property along the water at a bargain price in some locales....

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Work With the Deaf Without Sign Language

NAR Daily News Magazine - January 17, 2018 - 12:00am

While sign language is a useful tool for working with the deaf or hard of hearing, it isn't a requirement. Learn these tips and etiquette...

Categories: Real Estate

Home Laundry: To Vent or Not to Vent

RisMedia Consumer News - January 16, 2018 - 2:30pm

I once believed it was a forgone conclusion that when adding certain laundry appliances to a home, it would mean installing exhaust ducting and cutting a hole to the outside for venting.

However, a recent report from Michele Weaver at Design Basics, LLC highlighted a growing trend in ventless dryers that can be easily located and relocated within a home because vent piping, exhaust holes and venting to the outside are not needed.

The mechanics of a home dryer can cause energy and safety problems if lint becomes trapped in the vent. This demands more energy use and frequent cleaning. Weaver believes one of the major trends consumers will be seeing in these key appliances will be the further refinement of ductless technology.

She says vent hoses snaking through a home’s framing have become a leading cause of the 2,900 (average) home clothes dryer fires reported annually, according to the U.S. Fire Administration.

J.D. Wollf at HomeSteady.com recently explained that a ventless or condenser dryer— also known as a Heat Pump Clothes Dryer (HPCD)—doesn’t need a vent because instead of expelling the hot, moist air, a heat exchanger removes the moisture from the hot air and “recycles” it, passing it back through the drying clothes. The excess water is then drained away or caught in a container that is later emptied.

The trade-off for energy savings and safety is a requirement for slightly more maintenance than vented dryers. Wollf says the condensing unit must be cleaned about once a month to remove any lint.

A study at the Florida Solar Energy Center at the University of Central Florida states that while an unvented HPCD uses less electricity than a standard resistance dryer, it was found to release significantly more heat than a conventional dryer during operation, demanding additional cooling energy that may compromise overall savings.

However, the study points out that with a current retail cost of $948, there is only a small premium on the HPCD dryers, making them cost-effective when chosen at time of replacement.

For the latest real estate news and trends, bookmark RISMedia.com.

The post Home Laundry: To Vent or Not to Vent appeared first on RISMedia.

Categories: Real Estate

What Your Broker Is Worried About

NAR Daily News Magazine - January 16, 2018 - 12:00am

Real estate companies nationwide reveal the most pressing issues they face in 2018.

Categories: Real Estate

VA Program Sparks ‘Loan Churning’ Concerns

NAR Daily News Magazine - January 16, 2018 - 12:00am

Ginnie Mae officials recently testified to lawmakers that “loan churning” within the veterans program is putting vet borrowers at...

Categories: Real Estate

NAR Restructures to Improve Member Service

NAR Daily News Magazine - January 16, 2018 - 12:00am

CEO Bob Goldberg announces that many NAR groups have been reorganized to make the association’s internal structure run more...

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4 Ways Brokerages Can Be More Client-Centric

NAR Daily News Magazine - January 16, 2018 - 12:00am

Retain customers and increase referral business this year with these tips.

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The 7 Best Cities for Bargain Hunters

NAR Daily News Magazine - January 16, 2018 - 12:00am

Find out where a home buyer’s dollars can stretch the furthest.

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Owners Get Real About Home Values

NAR Daily News Magazine - January 16, 2018 - 12:00am

A chart shows the difference between homeowners and appraisers’ perceptions on the value of properties, as seen in the nation...

Categories: Real Estate