Portsmouth NH Homes Condos Real Estate

      It's Showtime For Your Portsmouth NH Home or Condo!

One of the most important conversations we'll have after the correct pricing of your home, will be the showing instructions of your Portsmouth home for sale.  You're weighing a lot of factors like commission, marketing, and staging.  I want to talk about a couple of very important aspects of selling Portsmouth homes and condos.

Accessibility of your home for sale

More simply put, showing instructions. These instructions can make or break the showings of your Portsmouth NH home for sale. As an experienced New Hampshire REALTOR, I know that many times requests for showings happen at the last minute.   Many things can create that last minute urgency for a showing of your home for sale:

• --  A woman drops by an Open House that an agent is hosting; based on your conversation the REALTOR remember a particular home that might be perfect.  After a quick check with a pre-qualification, the woman's REALTOR attempts to book a last minute appointment for your home.
  
  
• --  Many times I decide on several homes for a client based on their criteria, yet in the second home they show the criteria changes. That is when a good agent adjusts course and tries to show homes within the new criteria.  And many times this causes a need to make appointments with short notice.
  
  
• --  A client gets an MLS listing automatically from the agent, and absolutely has to see it because they love the way it looks.
  
  
• --  You are driving to an appointment and the client yells "STOP the car - that is my dream house".  A quick check, sign in the yard, a call to find out information, and try and get in.
  
  
• --  Your listing just came up on the MLS in the morning before the agent goes out with their clients, and they want to add your home to their list.

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Portsmouth NH Homeowners - Looking to Make Some Changes to Your Homes or Condos?

Every once in awhile, I look around my home and think about making a few changes here and there. Change a little color here, rearrange some space there, etc. If you're thinking about how you can add a little spice to your Portsmouth home, here are some interesting home trends this year that might give you some inspiration:

• Go Green - there are a huge variety of ways to implement eco-friendly living into our homes and condos. Flooring is a great example - look into bamboo flooring. It looks great, wears beautifully and is very easy to take care of. If you need new appliances, look for the "Energy Star" appliances. You can also get "Energy Star" windows and lighting products. Just as an aside, did you know that if you buy "Energy Star" products you may be eligible for tax credits?

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Portsmouth New Hampshire Homeowners and Condo Owners

Have you been thinking about selling your Portsmouth home or condo?  Not sure where to start to get it ready for the real estate market?  You want your home or condo to look its best right from the start, so taking care of these things BEFORE you list your home.  Our real estate inventory is a little on the high side, making this a very competitive market right now.  You want YOUR home or condo to outshine the competition, right?

Here's a checklist to help you do just that:      

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Portsmouth New Hampshire Real Estate Absorption Rate Information

If you’re a property owner in the Portsmouth New Hampshire area, or anywhere for that matter, one of the things that’s really important to know in today’s real estate market is the absorption rate for your area. 

What is that, and more importantly, why should you care about it?

The real estate absorption rate tells you just how long it would take for the buyers out there in the market to absorb the current inventory of homes or condos with no more new listings coming on the market.  We start with the number of sales that took place within a specific period of time, and then we look at the number of properties currently for sale, and come up with amount of time it would take to sell every property currently on the market.

I’ll show you how we figure it out.  Let’s take Portmouth New Hampshire homes as an example:
In the last 5 months, we had 42 homes sell, and we currently have 80 homes for sale.  If you divide 42 (homes sold) by 5 (months - the time period I used in this example), we get 8.4, which is the average number of homes sold per month in the last 5 months.  So, if we’ve got 80 homes currently on the market for sale, it will take almost 9 1/2 months to absorb that amount of inventory, assuming no new listings come on the market to increase that inventory. 

So, now why is knowing that number important to you?    

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