Shopping for and Selling Homes Online

In today’s real estate market more people use the internet to shop for homes and in turn sellers have embraced the medium as the primary vehicle for advertising their homes. Buyers like to see lots of photos, which as we all know tell a thousand words. Better still, high definition video can bring the buyer right into the home.

For buyers, the more photos they can see and video they can watch, all the better. This creates a challenge for sellers to provide excellent photos and video which depict the true nature of the home. Poor photos and video are to be avoided. Care should be taken to provide proper lighting and images free from blurring.

The images the seller provides to market their home should give the potential buyer a true and accurate depiction of the property while matching the written description in order to attract the buyer to visit the home. Once there to see it in person, there shouldn’t be any unpleasant surprises, like a room that was made to look larger than it is.

Use the best equipment possible. It is better to use a digital single lens reflex (DSLR) camera than a point and shoot camera. A wide angle lens produces a better shot and soft lighting is better than harsh lighting. To get a distortion free photo, use a tripod or monopod to steady the shot.

Video is fantastic, but it isn’t always possible to produce good video, especially when size is a factor. Some smaller homes can’t always be videoed effectively. Again a wide angle lens is a must, but don’t use video which only shows partial views. Seeing half of the room doesn’t help anyone! Using photos with video editing software can produce a “video like” production which may be a better option if your video camcorder cannot adequately capture the rooms.  

Combining the internet, photos, video, QR codes and mobile websites may make printed brochures a thing of the past. Today, if a listed property has a web brochure available online, a buyer can use their smartphone to scan a QR code or enter the property address in a web browser search and see the online property brochure along with all of the photos and or video right from the comfort of their car or home.

Charles Kraus, GRI Associate Broker – Coldwell Banker Residential Brokerage, Annapolis, MD

Understanding Septic System Inspections

Daniel Brumsted of Environmental Testing Lab, Inc. in Annapolis, MD gives an explanation of what to expect when inspecting a septic system when buying a home. Homeowners are advised to have their septic tanks pumped every two years to ensure a properly operating system and to head off potential costly repairs. When buying always ask the seller for their septic system records.

Charles Kraus, Associate Broker – Coldwell Banker Residential Brokerage – Annapolis, MD – (443) 822-0700

Selling Your Home – Inspection Concerns

When you are selling your home, one of the problems that can occur when the buyer has a home inspection performed, involves underground storage tanks. Occasionally, we run into an underground storage tank (UST) and sometimes they are used for gasoline, but most often they are used for heating oil.

Underground tanks are subject to moisture and rusting can lead to leaks due to failure of the integrity of the tank. Leaking gasoline and heating oil can contaminate ground water, so they are an environmental concern. Most states have regulations regarding these underground storage tanks, so check with your state and local jurisdiction to see what the regulations are for removal or abandonment.  According to Maryland’s Department of the Environment, they recommend tanks that are 25 years old or more be replaced with above ground tanks.

UST photoIf a property is found to have an underground storage tank one way of testing the tank’s integrity and its associated piping, is to have a professional contractor who specializes in UST’s to perform a pressure test to determine if the tank is leaking. Additionally, a soil test around the area of the tank may be performed to determine if there has been any contamination. If it has been disclosed to the buyer that the property has a UST, a potential buyer will have to make a personal decision based on the information at hand, to consider making the removal and replacement of the UST with an above ground tank a condition of the contract or excepting the existing buried oil tank.

A careful inspection should be made to determine if an abandoned UST exists. Occasionally a situation occurs where sometime in the past, a UST will be replaced with an above ground tank or the HVAC system will be changed to an alternative fuel and in either case the old UST will be abandoned in place. Sometimes the current seller may not even be aware of this. These abandoned tanks can be problematic, especially if heating oil was left in the tank. Even if there is no oil in the tank, it may be advisable to remove the abandoned tank. Old tanks may be found to be abandoned in place by removing all oil and filling the tank with cement, sand or a slurry mixture. If in the time since abandonment took place the integrity of the tank failed and heating oil (or gasoline) has leaked into the soil, a regulated removal and environmental clean up will most likely be necessary. The clean up will often require removal of all contaminated soil from the site and disposal of the soil as required by the state and or local government.

We hope that this raises awareness of the problems that can occur when an underground storage tank exists. The information presented here is by no means the entirety of the subject or complete in scope and should be construed as a limited presentation involving USTs. Always consult with a professional in the field and also with your state and local government.

Note: The United States Environmental Protection Agency (EPA) does not regulate residential underground oil tanks.

Strategies For Selling Your Home If you are selling your home and would like to learn more about other tips and concerns, the DVD Strategies for Selling Your Home is available online at ShowMeHowVideos.com