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PORTLAND
OREGON
REAL ESTATE
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News About Portland Homes
Portland Real Estate Contract Options
Less common types of agreements include what is known as a “One Time Show,” and “Exclusive Agency,” and an “Open Listing” agreement. The One -Time Show and the Open Listing are similar and are often used by homeowners who wish to sell their Portland real estate on their own but will agree to pay a commission to an agent who brings a qualified buyer for the home. A Portland homeowner may agree to an Open Listing with several agents and also agree to a One-Time Show to any agent who has an interested buyer.
Does Your Portland Have Curb Appeal?
Good curb appeal is definitely an advantage to home sellers when prospective buyers visit your Portland and can be an advantage in advertising in the newspaper and on the Internet. However, it is important to note that even a home with great curb appeal can look bad in an advertisement if the photographer did a bad job with the camera. A photograph of a Portland home on a dreary day will look quite different from a photo of the same home when the sun is shining. Sometimes it is better to take a picture of a home from an angle rather than a straight on shot that may turn out to be more about the garage door than about the house itself.
Taking Title to Your Portland
Each owner has a separate title to an undivided interest in the entire property. Each owner is allowed to sell, mortgage or give away his/her interest. Any number of people can take Tenancy in Common ownership of Portlandand husband and wife may choose this option as well. When an owner dies, his/her interest passes by will to his/her heirs. In other words, there is no survivorship right.
Each owner has an equal interest in the Portland. If one owner dies, that person’s share of the property passes automatically to the other without going through probate. Any number of people can take ownership under Joint Tenancy and husband and wife may choose this option as well.
Community Property. Only husband and wife can take title to Portland in this way. Title is in the community
The Benefits of Selling Portland
If your Portland holdings consist of both a personal residence and a rental, you can sell your personal residence and exclude up to $250,000 ($500,000 for a married couple) on the gain. Then you move into your rental, live in it as your personal residence for two years and then sell it, again benefiting from the $250,000 or $500,000 exclusion. This is true even though most or all of the increase in value occurred before you converted the property to your personal residence.
When Portland Does Not Sell
Let’s say a home is in excellent condition but simply messy. The cat box needs changing, the dog dish is a mess, the dishes haven’t been put into the dishwasher and the beds are not made. Should these conditions affect the price of the Portland? No, but they do. Take two identical houses next door to each other and priced the same. The sparkling clean house will sell much faster than the messy house and the messy house will more than likely sell for a lower figure. This is true of Portland as well as real estate nationwide.
When a home does not sell, the owners tend to think that the REALTOR didn’t do a good enough job of promoting the property. There is a difference among agents and brokers and some will promote a property more than others. However, the main and most important method of promoting Portland for sale is listing it in the local MLS.
Portland BENEFITS
A benefit is an advantage or something that promotes or enhances well-being. A Portland benefit might be its location, its home styles, its diversity and/or its proximity to major highways, employment, education and shopping. Whether or not any of these factors are or are not a benefit depends entirely on the point of view of the potential buyer. For example, being close to a major airport might be important for someone who flies a lot and an annoyance to someone who never flies and dislikes the noise of airplanes flying overhead.
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