Top Ten Legal Mistakes Home Sellers Make

From the California Association of Realtors 1. Accepting the buyer with the highest offer without regard to the other contractual terms. 2. Not properly handling multiple offer situations with multiple buyers. 3. Not properly handling back-up offers. 4. Entering into an agreement with no earnest money deposit from the buyer, or a very small amount. 5. Entering into an agreement before verifying the buyer's financial ability to close esrow. 6. Not disclosing known material fact affecting the... Read more »

What You Should Know Before Listing a Home (Part 2)

(This article by Drew Kondo was featured in the Tahoe Daily Tribune on June 12, 2010. For Part 1, click here.) Preparing Your Home The presentation or “staging” of your home is crucial in obtaining the highest possible sale price. Extra time and money spent making your home presentable and welcoming can yield several thousand dollars in the sale. Here are several staging tips: 1. Declutter – No buyer wants to see a mess. If a visible item doesn’t add to the aesthetic value of your home,... Read more »

What You Should Know Before Listing a Home (Part 1)

(This article by Drew Kondo was featured in the Tahoe Daily Tribune on June 5, 2010) The summer is finally, finally here, which means that many Tahoe homeowners will be listing their homes for sale. This can be a daunting task. For many it will be the biggest sale of their lives. Many questions arise: At what price will you list your home? Who will be your Realtor? And what changes will you make to your home before selling? Pricing Your Home Determining the market value of a home, especially in... Read more »