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Real Estate FAQ

Welcome to the best Real Estate FAQ page on the internet. If we do not have your question answered here, please use the comment section below and we will record a great answer for you in no time flat! Please enjoy the short video on the right, as it demonstrates how to use this site!

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Miscellaneous And "How To" Advice

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Discussion

#1 By diane verdiano at 7/11/2017 3:45 AM

please call me 850 5089484
asap i would like to see one of ur properties asap
thank u diane verdiano

#2 By RichardCoake.com at 7/11/2017 3:45 AM

'HT Use The Housing Turnover Rate To Beat Your Competition'
Joe, in reporting on a subject property's turnover rate as of 12-1, do you employ just the previous month's number of sold homes in your computation, or do you use an average # of sold homes instead - since the previous January 1, for example? Some trainers make a case for the former. So I wondered about your own calculation.

#3 By Joe Manausa, MBA at 7/11/2017 3:45 AM

Hey Richard, I use the 12 month trailing average, I believe it produces a more accurate forecast by removing seasonality.

#4 By John at 7/11/2017 3:45 AM

Joe,
I'm trying to build equity in a home I currently own in Summerbrooke and want to know if it is worth renovating some spaces for updated use to increase equity in this area.

Thanks!

#5 By Joe Manausa, MBA at 7/11/2017 3:45 AM

Hey John, short answer is "it depends."

If you are adding space, you're most likely losing money (cost to add is greater than current values ... which are below cost in Summerbrooke).
If you are modernizing kitchen or baths, perhaps.

These are very vague answers, but the current state of the home factors heavily in how I would answer.

If you plan on being there for quite some time, only do things that you will enjoy. Everything else won't make sense.

Does this help?

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Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917