Our Real Estate Blog
The home selling journey varies from person to person. If an individual prepares for this journey, he or she may be better equipped than others to avoid problems along the way. On the other hand, an individual who is unprepared for the property selling journey may struggle to achieve the best-possible results.
There are many things that an individual can do to enjoy a memorable home selling experience. Now, let's take a look at three tips to help you prepare for the house selling journey.
1. Upgrade Your House's Curb Appeal
How your house looks to prospective buyers can have far-flung effects on your home selling experience. If you allocate time and resources to enhance your residence's curb appeal, you could make your house an attractive choice to dozens of potential buyers.
Upgrading your house's curb appeal can be simple. For example, mowing the lawn and trimming the hedges generally won't take long to complete and can help your residence impress potential buyers. You can always repair or replace any damaged home siding as well.
If you require additional help with home exterior upgrades, contractors are available in cities and towns nationwide. In fact, these professionals can help you quickly improve your residence's curb appeal.
2. Set a Competitive Initial Asking Price
It is important to establish a competitive initial asking price for your residence, regardless of whether you are operating in a buyer's or seller's market. Otherwise, you risk alienating potential buyers – something that may result in a time-intensive home selling journey.
To set a competitive initial asking price for your home, it may be beneficial to analyze local housing market data. Compare and contrast your home versus similar residences that are available in your city or town, and you can use these insights to price your residence accordingly.
In addition, you can hire a home appraiser before you list your house. A home appraiser will provide a property valuation that you can use to establish an aggressive price for your residence.
3. Hire a Real Estate Agent
A real estate agent is a difference-maker during the home selling journey, and for good reason. This housing market professional understands what it takes to sell a home and will do whatever it takes to help you enjoy a fast, profitable house selling experience.
Perhaps best of all, a real estate agent will develop a personalized home selling strategy for you. Thus, if you want to sell your residence as quickly as possible, a real estate agent will help you do just that. Or, if you want to optimize the earnings from your house sale, a real estate agent will go above and beyond the call of duty to ensure you can get the best price for your house.
As you prepare to add your house to the real estate market, there is no need to worry. Take advantage of the aforementioned tips, and you can boost the likelihood of enjoying a seamless property selling experience.
Selling a house is no small feat, particularly in a competitive real estate market. As such, home sellers may be prone to make mistakes if they don't plan ahead for potential pitfalls.
Common home selling mistakes include:
1. Listing a Home Without Performing Housing Market Research
Let's face it – selling a house can be stressful. In many instances, home sellers will want to speed through the home selling journey – something that may lead these sellers to list residences without evaluating the real estate market in advance.
Spending even a few minutes looking at the prices of homes in your city or town may make a world of difference. Ultimately, the more housing market research that you perform, the more likely it becomes that you'll be able to optimize the value of your house.
Take a look at the prices of available homes in your city or town that are similar to your own. Also, evaluate the prices of recently sold houses in your area. With this housing market data at your disposal, you'll be better equipped than ever before to price your residence competitively and boost your chances of a profitable home sale.
2. Accepting an Initial Offer on a Residence
The first offer that you receive on a residence may prove to be the best offer. However, in some cases, the initial offer may fall short of your expectations.
Immediately accepting the initial offer on a residence may prove to be costly. Fortunately, a home seller who understands the housing market can take a data-driven approach to determine how to proceed with any offer, at any time.
Performing a home appraisal before you list your residence can provide valuable insights into a property's value. Then, you can list your house for a competitive price, one that helps generate substantial interest in your house and may lead to offers at, near or above your initial asking price.
In addition, don't forget to consult with a real estate agent. If you receive a home offer and are unsure about whether to accept, reject or counter it, a real estate agent can provide expert advice to help you make an informed decision.
3. Ignoring a Real Estate Agent's Recommendations
A seller's agent is committed to helping you optimize the value of your residence, and this housing market professional will offer recommendations as you sell your house to ensure you that can get the best results possible.
If you ignore a real estate agent's recommendations, you may miss out on a golden opportunity to sell your house. A real estate agent provides housing market analysis and insights, along with honest, unbiased recommendations about how to overcome a wide range of home selling hurdles.
Furthermore, a real estate agent always has a home seller's best interests in mind. This housing market professional also is available to respond to a home seller's questions, guaranteeing that a home seller is fully supported at each stage of the home selling journey.
Ready to sell your house? Collaborate with a real estate agent, and you should have no trouble achieving your desired results.
When you’re looking to sell your home for a great price, there are a few things that you can do to give the sale an edge. All of the ideas you’ll find below are inexpensive yet effective for sprucing your home up fast.
Hide And Brighten What You Can
Do you have an old, lumpy sofa, an old, unsightly lamp, or a scratch on the wall? You can easily cover these things up without making any major changes. Use a slip cover, some touch-up paint, or even new bedding to help brighten any room or furnishing. You could even consider adding new window treatments or additional lighting to assist in giving your home a refreshed look. As a rule of thumb: If it looks old and you can’t remember when you last replaced the item, you should probably replace it.
Use Paint Strategically
With the right paint, you can accentuate or downplay the features of a room including fireplaces and windows. Portions of the room that would otherwise be lost can be highlighted with the right use of color.
Make The Room Seem Larger
Do you have low ceilings or small rooms? You can make the room seem larger just by making use of vertical lines or using the higher spaces in the rooms of your home. Easily mount shelves on your walls in order to store things to give the room the illusion of having more space.
Your home can look like a new place when you take the time to deep clean the area. Don’t miss out on any part of any room. Use a little elbow grease and pay attention to neglected areas like the pantry, laundry room, and refrigerator. Get rid of any odors in the home. Potential buyers will definitely notice if things don’t smell right upon entering the house. You can use natural cleaners made of baking soda, vinegar, and lemon juice in order to freshen up everything from rugs to toilets. This stage of the makeover process may take you some time, but it’s definitely worth it.
Don’t Forget The Little Touches
Adding in little things before an open house can also make a big difference. Put some fresh flowers on the table. Light some candles. Fluff the pillows. Take the time to remove unnecessary items from the counters and tables as well. The less cluttered the home looks, the better. Buyers like open spaces, but they also like to be able to see themselves in the space and you can help them to do just that.
Selling a home can be challenging, even for an individual who is laser-focused on getting the best price for his or her house. Fortunately, we're here to help you achieve the best-possible results during the home selling journey.
Now, let's take a look at three tips to help you obtain the best price for your residence.
1. Study the Prices of Comparable Residences in Your Area
Your home may seem like it is one of a kind, but there likely are comparable houses in your city or town. If you take a look at the prices of comparable houses in your area, you may be better equipped than ever before to establish a competitive initial asking price for your residence.
Also, studying the prices of comparable residences in your area enables you to see how your house stacks up against the competition. And if you find your home pales in comparison to its rivals, you may want to dedicate time and resources to upgrade your house. That way, you can help your house stand out to potential buyers.
2. Conduct a Home Appraisal
A home appraisal commonly is requested by a buyer after a seller accepts his or her offer to purchase a residence and a property appraisal has been completed. However, it may be beneficial for a seller to conduct a home appraisal, especially if this individual wants to get the optimal price for his or her residence.
By conducting a home appraisal, you can receive expert insights into how much your house is currently worth. Then, you can use your home appraisal results to set an aggressive initial asking price for your residence.
3. Collaborate with a Real Estate Agent
If you are unsure about how to price your residence, you may want to hire a real estate agent. Because if you have a real estate agent at your side, you can quickly and effortlessly accomplish your property selling goals.
First, a real estate agent will meet with you and learn about your residence. This housing market professional next will help you establish a competitive initial asking price for your home that accounts for the current state of the real estate market. A real estate agent then will list your home, promote it to potential buyers and set up home showings and open house events. And if you receive an offer to purchase your residence, a real estate agent can help you review this proposal and decide how to proceed.
Of course, a real estate agent will do everything possible to help you maximize your house sale earnings too. He or she will negotiate with a buyer's agent on your behalf and ensure you can get the best price for your residence – regardless of the current housing market's conditions.
Don't wait to list your home and maximize your home sale profits. Instead, take advantage of the aforementioned home selling tips, and you can boost the likelihood of a fast, profitable property selling experience.
A home showing can make or break your chances of selling your house. Therefore, you'll want to do everything possible to ensure that each home showing is a success.
Ultimately, there are several best practices for home showings that every home seller needs to know, and these practices include:
1. Clean and Declutter Your House
A tidy home is sure to garner homebuyers' attention. Comparatively, a messy house is unlikely to do you any favors in a competitive real estate market.
Allocate the necessary time and resources to clean your house. Mop the floors, wipe down the walls and perform assorted home interior cleaning. Also, don't forget to mow the front lawn, trim the hedges and ensure your house's exterior looks great.
In addition, eliminate clutter from your home as soon as possible. By doing so, you can show off the true size of your living space to potential buyers.
2. Remove Personal Belongings from Your Home
Although you may have many personal photographs and other treasured mementos scattered throughout your house, you should put these items away before a home showing. That way, you can make it easy for homebuyers to envision what life might be like if they purchase your house.
When it comes to personal belongings, it sometimes can be tough to hide these items. However, if you store your personal belongings properly, you can guarantee these items will maintain their quality and appearance until you sell your house.
Pack up any treasured belongings carefully. Then, you can put these items in a storage unit for safe keeping. Or, if a family member or friend has storage space to spare, you can always ask a loved one to store your personal belongings temporarily.
3. Consult with a Real Estate Agent
If you're unsure about how to host a successful home showing, you're not alone. Thankfully, real estate agents are available in cities and towns nationwide, and these housing market professionals know what it takes to transform an ordinary home showing into an unforgettable experience.
A real estate agent can offer expert recommendations to help you get your house show-ready. In fact, a real estate agent can put you in touch with the best home cleaning companies in your area. He or she also is unafraid to be honest and will share any home interior or exterior concerns with you.
Furthermore, a real estate agent will teach you about the real estate market. He or she can educate you about the differences between a buyer's and seller's market, respond to your home selling concerns and questions and much more. Thus, if you work with a real estate agent, you should have no trouble making informed decisions throughout the home selling journey.
Take the guesswork out of prepping your house for a showing – use the aforementioned best practices, and you can improve the look and feel of your house in no time at all.