Before you list your home for sale you'll need to prepare it for the market. A well prepared home will impress buyers and and the impressed buyer will make a quick offer, at or close to asking price. And that's what you want, right? The best price possible for your home in the shortest amount of ... » Learn More about How to Prepare Your Home for Sale
What is the absorption rate and how can it help you sell your home? Simply put, the absorption rate shows the rate we can expect homes to sell in a given area and in a given time frame. It helps sellers listing their homes understand the average time it takes homes similar to theirs to sell and how ... » Learn More about What is the Absorption Rate? How Can it Help Sell Your Home?
Location vs Price + Condition The Iowa City real estate market is hot. You'll know that if you follow my Market Reports. Homes that are priced right and show well are selling fast. This week I walked into a house with a client that based on its location should have an offer in a couple of days. ... » Learn More about Another Myth Bites the Dust – Location Alone Does Not Sell Homes!
Does size matter? Is it better to list your home with a small real estate company, or a large one? That's the question that will be top of your mind if you're thinking of Selling a Home in the Iowa City area. The quick and easy answer to the question is that the size of the real estate company ... » Learn More about Should You List with a Small or Large Real Estate Company?
Calculating real estate taxes when you sell a home in the Iowa City area is a pretty complicated process. When you're in the planning phase of selling your home the best plan is to calculate paying one year's real estate taxes at closing. This will give you a number close to what you will pay. ... » Learn More about Iowa City Real Estate Taxes – How Much Will I Pay At Closing?
A few months ago I started a new website for my company, Cardinal Realty. The focus of that website is to provide more information for sellers and covers topics like the value of the market analysis and just how much you'll pay for real estate taxes at closing when you sell a home in the Iowa City ... » Learn More about Selling a Home in Iowa City – Why “testing” the market won’t work
Below is a list of the closing costs you can expect when you sell your house (or condo) in Iowa City. For the purpose of this post I'm going with the sales price of $200,000. (Although many of the costs will be the same, regardless of the price of the home). As a rule of thumb, one year's real ... » Learn More about How Much are Closing Costs When I Sell My Home in Iowa City?
Is now a good time to list your home in Iowa City? Yes it is, and here's why... We live in a college town. The University of Iowa and The University Hospitals are the biggest employers in the Iowa City area. Pretty soon we'll have a lot of incoming Faculty, Students and Residents all looking to ... » Learn More about Listing Your Home in Iowa City – A sign that “pops” and a marketing plan to match!
The absorption rate gives us insights on the turnover rate of homes on the market. This is a useful tool for buyers and sellers to gauge how the real estate market in the Iowa City area is trending. Here's how it's calculated: The first step is to determine the number of homes sold in the past ... » Learn More about Iowa City Real Estate: Market Trends & Absorption Rate