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From 'Urb to 'Burb Blog

Wednesday, August 12, 2020   /   by Vanessa Saunders

How frustrated buyers can compete in the Hudson Valley's seller’s market.

We’ve been focusing on listing more homes for sale during this seller’s market in the Hudson Valley. Having inventory to sell gives us a distinct advantage in closing more sales and competing successfully. It has also shown us an interesting aspect of human behavior.
When there aren’t a lot of homes to choose and an attractive new one pops up for sale, buyers flock to it in hordes. Unless there is something wrong with the listing (priced too high, poor location, bad condition, etc.) we will see a flood of showing requests in that first“Golden Window” — the period when the opportunity to get the highest price is at its peak (typically the first 14 days a property is on the market).
According to real estate journal Inman News, “Buyers look at new listings like bright, shiny objects and rush toward them in hordes. In a hot market with limited inventory, this behavior can be the single largest obstacle a buyer must overcome to secure a home.&rd ...

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  hudson valley real estate, hudson valley property, hudson valley home, hudson valley home owners, 'urb to 'burb, hudson valley home sellers, first time home buyer, making an offer on a house, bidding war, negotiating price

Tuesday, August 11, 2020   /   by Vanessa Saunders

Comfortably surviving the next power blackout.

From Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
Now that it’s too late for nearly all of us affected by the Hurricane Isaias blackouts, we thought it would be good to tell you how to prepare for the next blackout. And yes, there WILL be a next blackout. And many more after that. This is, after all, New York’s Hudson Valley. Real estate can therefore wait.
GET PREPARED before the next blackout.
Power outages can occur in any part of the Hudson Valley, or the world, under any natural and man made circumstance. Below is a list of things you should do while skies are still blue and bright:
Take an inventory of the items you need that rely on electricity.

Talk to your medical provider about a power outage plan for medical devices powered by electricity and refrigerated medicines. Find out how long medication can be stored at higher temperatures and get specific guidance for any medications that are critical for life.

Plan for bat ...

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  hudson valley real estate, hudson valley home owners, 'urb to 'burb, hudson valley living, hurricane

Monday, August 10, 2020   /   by Vanessa Saunders

How to adapt your house to sell to today’s buyers.

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By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
With the Covid-19 pandemic stretching out longer than any of us imagined, it is becoming obvious that some of the changes it has caused will be with us for the foreseeable future. Home buyers in the Hudson Valley are clearly re-evaluating their needs. No longer is it necessary to live close to work. Commuting for many will be a thing of the past. But having a home office to work in will be essential. Buyers are considering more space for home gyms, updated kitchens, and smart home appliances.
A June Realtor.com survey of 2,000 potential buyers showed that 63% of those working from home stated their potential purchase was a result of their ability to work remotely. 40% of those numbers expected to purchase a home within four to six months.
A home’s function has morphed into several different iterations. It is at once an office, a classroom, a workout facility, and a safe haven. Not only will ...

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  hudson valley real estate, hudson valley property, hudson valley home, hudson valley home owners, 'urb to 'burb, hudson valley home sellers, pandemic

Thursday, August 6, 2020   /   by Vanessa Saunders

Vacation home sellers: Think outside the zip code.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.

As the summer rush to escape New York City and the Covid pandemic continues to impact the Hudson Valley real estate market, we find more and more people deciding to sell their up-state properties. Buyers are looking everywhere for second homes, some planning to turn vacations into stay-cations. For sellers, the process of selling a vacation home often requires that they and their agents throw traditional tactics out the window.
Second Home Buyers - Not your typical real estate animals.
For one thing, buyers are not limiting themselves to properties in a certain zip code. They may be considering Cold Spring, but may also have an eye on something further up the Catskills. If the agent lists the property on the local MLS, the listing will not be seen by the majority of possible buyers. Thar is one of the reasons Global Property Systems belongs to eight multiple listing services in the Hudson Valle ...

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  hudson valley real estate, hudson valley property, hudson valley home, buying a home, hudson valley home owners, 'urb to 'burb, hudson valley home sellers, hudson valley house, vacation property, retirement

Wednesday, August 5, 2020   /   by Vanessa Saunders

Six reasons your house isn't selling in the Hudson Valley's hot sellers market.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
If you’ve listed your home to sell, and it’s had showings after showings with no offers, there must be a reason. In the current Hudson Valley’s hot seller’s market, even white elephants - homes that have been listed for months (even years!) are being snapped up by eager buyers. Some buyers are making ridiculous offers over listing price just to get their foot in the door.
The fact is, a home that isn't selling is actually costing the owner money. Statistically, a home that sells in the first 30 days on the market sells for the most amount of money. The longer a listing sits, the less it sells for. If a home has spent too many days on the market, this “stale” listing is often interpreted to be damaged goods, as buyers speculate that there is something wrong which made the property hard to sell to previous buyers.
So, you have a problem. Here are six of the most co ...

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  hudson valley real estate, hudson valley home, hudson valley home owners, 'urb to 'burb, sales strategies, pandemic, house pricing, bidding war

Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258


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The data relating to real estate for sale or lease on this web site comes in part from MHMLS. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the MHMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. ©2020 Mid-Hudson Multiple Listing Service, Inc. All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from One Key, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the One Key, Inc logo or an abbreviated logo and detailed information about them includes the name of the listing broker.

The information appearing herein has not been verified by One Key, Inc or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

©2020 One Key, Inc. All rights reserved.

The data relating to real estate on this website comes, in part, through the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the IDX logo and detailed information about them includes the name of the listing broker.
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