As you may have already read in the news, it’s almost here!
Get Ready! Get set! Shop!!
What you need to know about shopping at the 3rd Annual Community Yard Sale of Old Southwest:
There are 40 homes participating – each home holds their own yard sale.
Home NV Real Estate office at 321 S Arlington Ave. Shoppers on Clough Road, during the 1st Annual Community Yard Sale of Old Southwest.
We have the list of homes that will host yard sales and will make it public after 11:00 PM Friday 5/29 here at HomeNV.net. If you would like to have the list emailed to you feel free to request the list via email: info@HomeNV.net (keep in mind the list will not be emailed until after 11PM on Friday). If this tech stuff is intimidating we will be in front of our office at 321 S Arlington Ave, Reno after 7:30 AM on Saturday handing out paper lists with maps.
Please be polite and respect the start time of the sale. It is 8AM (not earlier!)
Some participants have elected to host their yard sales past noon. Please read the list of homes closely as it will have start/stop times of each yard sale.
Reno residents shredding their sensitive documents at Home NV’s 3rd Annual Shred-A-Thon.
Happy Earth Day! Every year on the Saturday after Tax Day, Home NV Real Estate hosts a document shredding event known as the Shred-A-Thon. This year marked the 3rd Annual Shred-A-Thon and it was an enormous success!
Irene Voronel and Raquel Riggle of Home NV Real Estate
On Saturday April 18, hundreds of local residents came out to Home NV’s offices on South Arlington Avenue to safely shred their sensitive documents on site. The shredding truck from American Document Destruction ran non-stop ripping, tearing, and shredding documents from 11AM to 2PM. The truck’s capacity is 500 cubic feet and local residents filled over 400 of those cubic feet with their unwanted bank statements, medical records, canceled checks and outdated tax documents. This is about 10,000 pounds of paper that has been recycled.
By recycling 10,000 pounds, Home NV and the local residents helped save:
35,000 gallons of water
2,000 kilowatts of energy
450 cubic feet of landfill
500 gallons of fuel
In addition to providing a safe way to destroy documents and help the environment, Home NV Real Estate also raised nearly $700 for Keep Truckee Meadows Beautiful — a local non-profit which focuses on clean-up efforts of local public spaces and the Truckee River. Home NV is very proud to be an active member in the Reno/Sparks community. Next year’s Shred-A-Thon is scheduled for 4/23/2016, so mark your calendars!
Home NV Real Estate Services, is hosting a free document shredding event on April 18, from 11AM to 2PM at their offices located at 321 S Arlington Ave (corner Liberty/Arlington). Shredding is done on site and is provided by American Document Destruction. This event is open to all residents of the community and has a 4 banker-box limit per customer. All documents are welcome – no need to remove staples. iMortgage is co-sponsoring the event. Refreshments will be available. While the event is free, donations are appreciated to benefit Keep Truckee Meadows Beautiful.
For questions and more information please visit HomeNV.net.
Thanks to everyone who came to shred their documents and donated money to Keep Truckee Meadows Beautiful. The weather was cold and windy but the participants enjoyed entering our raffle, chowing down some Rounds donuts, as they watched years of documents get pulverized by American Document Destruction. With over 300 people joining us to shred and hundreds of dollars raised for KTMB we are stamping this one a SUCCESS! Now on to the next big event organized by Home NV – the 2nd Annual Old Southwest Reno Community Yard Sale.
Here at Home NV we love to keep things clean and tidy. We strive to be paperless but alas, we still fall victim to required paperwork. In honor of Earth Day and to help with those Spring Cleaning efforts, we are organizing our 2nd annual Shred-A-Thon. The event is free to the public though donations are welcome. This year we have partnered with Keep Truckee Meadows Beautiful to be the recipient of donations so that they can put the money to good use in making sure our beautiful Reno stays that way!
We are proud to be once again working with American Document Destruction. Their trucks are super efficient and quickly and securely shred paper on the spot. The truck is even equiped with a video camera so you can watch your documents get destroyed! While you wait, feel free to enjoy some refreshments courtesy of South Pacific Financial. Also, don’t forget to enter our raffle, we have a ton of awesome prizes for some lucky shredders.
So come on by, bring your boxes of paperwork, eat some food, win some goods, and celebrate having a clean garage!
#1 Price – Most of the time the biggest culprit to stalling offers on a property is the price of the home. Not surprisingly people have an emotional attachment to their residence. Home is where we raise our families, entertain friends, and relax during our off hours. As a result when people put their home on the market they attach a large sentimental value to what the property is actually worth based on comparables. Also, many sellers consult real estate aggregators such as Zillow which do not always have the correct “zestimates” thus misleading the sellers into believing their home is worth more. Before listing your home it is best to consult with your Realtor about the recent sales in your neighborhood. It is also a good idea to tour comparable properties on the market that have not yet sold to get an idea of the competition and perhaps note the homes which have been on the market for some time to avoid the pitfalls that property seller may be experiencing.
#2 Advertising – While the local MLS is definitely a great tool to promote homes for sale, it is just one of many available to Realtors. Experienced brokers know that to sell a home in the shortest time for the most of money they need to promote the home to as many people as possible. At Home NV we understand that while the MLS and the plethora of websites the local listings are syndicated to (such as Zillow, Trulia, Realtor.com, etc.) it is just not enough exposure. We believe in marketing beyond the web – we embrace print advertising! We use direct mail to promote your listing to your neighbors – obviously they like living in your neighborhood, chances are they may have some friends or family who may want to live there too. We promote our listings in Reno-Gazette Journal. Additionally our broker owns I Love Reno magazine where our listings get exposure to 25,000 Reno residents. Of course this is on top of networking with fellow agents and open houses that further help to spread the word about the listing.
#3 Condition – Buyers understand that unless they are buying a new construction, they are going to end up living in a home that has been lived in by other people. However, with the exception of the investor-buyers who are looking for fixers, most people are looking to buy a home that feels comfortable and livable from move-in. Thus a seller should prepare their home for sale by addressing issues that are obvious turn-offs to buyers. This may include major improvements such as kitchen and bath renovations, or minor ones such as carpet cleaning and touch-up paint. Either way, it helps to have the perspective of one (or more) real estate professionals to help guide you in the process of making your home sell-ready.
#4 Photography – A picture is still worth a thousand words, perhaps even a million in today’s pic-obsessed world. A photo can mean the difference between a prospective buyer passing on touring your property because the picture did not tell a great story. Some tips for taking great home photos include: photograph the largest bedroom (usually the master) rather than each of the bedrooms as small rooms often do not photograph well; make sure there are no pets or people in the photo (including the photographer); take extra pix of the kitchen as that is an important area for most buyers. If it seems that the photos are not coming out stellar, consider hiring a professional photographer – we love Frank Haxton at Digiman Studio– to tell a captivating story of the home.
#5 Wrong agent – At Home NV we believe that sellers should interview several Realtors before they make their decision as to who will handle the sale of their home. The sale (or purchase) of a home is a partnership between the seller and his agent. Not all partnerships work out, and we feel that sometimes it is better to refer a client to a colleague if we believe that agent is better suited to handle the transaction. To determine if an agent is the right person to partner with on the sale of your home ask some questions. Find out how long the agent has been in business and whether they are a part-time or a full-time agent. Ask about marketing and promotion the agent does to help his clients sell their homes. And never be shy about voicing your concerns. If you feel that a particular agent may not be able to get the job done find a different one – there are many experienced real estate professionals in the Reno market and you will without a doubt find the right fit.
#6 Timing – While we have gorgeous seasons in Northern Nevada that does mean that during some months many buyers (especially those who are on the fence) are hibernating from house hunting. The official selling season kicks off in March and runs through August. This is primarily due to families with school-aged children waning to move before the following school year begins. Depending on weather, the season extends through October. However, once the holidays are upon us, most sellers prefer to wait to list because they would rather entertain family than offers from prospective buyers.
#7 Too long on market – Much of the real estate sale is psychology 101. When a home has been on the market for a period of time, prospective buyers tend to overlook it because “something must be wrong with it.” Avoid other pitfalls mentioned in this article and you will not be faced with the “stale” listing dilemma.
#8 Too much personal touch – When buyers are looking for a home, they want to envision themselves living in the property. Getting your home market-ready means taking as much personal “stuff” from visible spaces. This includes personal items such as photographs and diplomas, as well as decorations that are “too much” stylistically. It is best to have a neutral décor, thus if you have a particular taste, such as Victorian or nautical, it is advisable to limit the amount of these pieces to avoid the potential buyer skipping your home because they are overwhelmed by the décor.
#9 Inflexible seller – If the goal is to sell the home fast for the largest sum of money, the seller should be in partnership with his Realtor. This means having the home presentable (beds made, dishes and food put away, etc.) and making the home available to show during “typical” showing hours (9AM to 7PM) daily.
#10 Stigmatized property – Some states have disclosure laws about death or violent acts committed at a property listed for sale. The State of Nevada only requires that disclosure is made if the event is material to the home itself, for example if a roof collapsed and caused injury or death this would need to be disclosed to the prospective buyer. It is possible for a home to become stigmatized if an event (big enough for neighbors to talk about) occurred at the property. Best advise is to be upfront, otherwise the buyer will hear it from the neighbors and shy away from closing the deal. Also, if the home has other stigmatizing factors out of the sellers control such as backing to a busy street, adjust the price accordingly and ask for buyer feedback. This way the seller and his agent will always be aware of the issues concerning prospective buyers that may be addressed to help the house sell faster.
October held steady in numbers across the board. In Reno, total active listings were virtually unchanged from September 1717 to 1697 in October. Sparks’ active inventory also stayed even with September, only adding 21 active listings. Number of homes sold in Reno dropped 16 to 401 in October. Sparks sold properties stayed about the same in October as in September. The other number we track is distressed inventory. In October Reno’s distressed inventory stayed roughly the same and Sparks added 23 homes for a total of 251. Though the temps outside are officially dipping into freezing during the night and the days are not warming up past high 50’s historically low interest rates and relatively low inventory are still bringing the buyers out to the offer table.