Sue Revis' Blog
Selling your home presents many opportunities and challenges. On the one hand, home sellers have an opportunity to earn a profit if they can stir up substantial interest in their properties. Comparatively, selling a home can be difficult, particularly for property sellers who are working in a buyer's market.
Ultimately, the home selling experience should be memorable for all the right reasons, and we're here to help you get the most out of the property selling journey.
What does it take to enjoy an unforgettable home selling experience? Here are three tips to ensure you can do just that.
1. Conduct a Home Appraisal
You love your home, but you also understand that your residence is far from perfect. As such, a home seller should perform a property appraisal before adding his or her house to the real estate market.
During a home appraisal, a property expert will examine your residence and identify any problem areas. That way, you can uncover "hidden" problems with your residence and correct these issues as needed.
A home appraisal is exceedingly valuable, especially for home sellers who want to get the best price for a property. The appraisal may require only a few hours to complete and will provide you with comprehensive insights into your home's strengths and weaknesses.
2. Prep Your Home's Exterior and Interior
Your home only gets one chance to make a positive first impression on property buyers, so why not make the most of it?
With a dazzling home exterior, you can boost your home's chances of generating plenty of interest from property buyers.
Home exterior improvements often are simple to complete. In fact, quick, easy tasks like mowing the front lawn or removing dirt and debris from walkways can make a world of difference in the eyes of homebuyers.
Don't forget to clean your home's interior as well. Mopping the floors, wiping down countertops and performing other home interior maintenance may help your residence stand out to property buyers during home showings and open houses.
3. Collaborate with a Real Estate Agent
With a real estate agent at your side, you should have no trouble enjoying a terrific home selling journey.
A real estate agent is a housing market professional who understands what it takes to sell a residence. He or she can provide extensive insights into real estate market trends and ensure you can make informed home selling decisions.
Typically, a real estate agent will set up home showings, negotiate with homebuyers on your behalf and promote your residence. This housing market professional also will respond to your home selling concerns and queries. By doing so, a real estate agent can help you accelerate the home selling cycle and optimize the value of your residence.
When it comes to selling your home, hiring a real estate agent is a must. This real estate professional will go above and beyond the call of duty to streamline the home selling process and help you can get the best results possible.
Ready to sell your condo? As a first-time condo seller, it sometimes can be tough to streamline the process of finding interested property buyers and getting the best price for your residence.
Fortunately, we're here to help you simplify the process of selling your condo.
Here are three tips that every first-time condo seller needs to know.
1. Check Out the Prices of Comparable Condos
When you price your condo, it is important to set realistic expectations from the get-go. And if you ask too much for your property, it may linger on the real estate market for an extended period of time.
On the other hand, an informed condo seller will have real estate market data that he or she can use to gain an advantage over the competition.
How does your condo stack up against similar properties? Perform an in-depth assessment of the competition, and you'll be able to price your condo accordingly.
Check out the prices of recently sold and currently available condos. By doing so, you can better understand how to price your condo competitively.
Also, spend some time performing assorted condo interior and exterior repairs before you add your property to the real estate market. This will allow you to boost your condo's appearance both inside and out and make your property an appealing choice to condo buyers.
2. Conduct a Property Appraisal
Hire a property appraiser to inspect your condo. That way, you can receive expert insights into your condo's strengths and weaknesses.
During a condo evaluation, a property appraiser will review all aspects of a property. He or she then will provide you with an in-depth report that you can use to understand potential problem areas with your condo.
A property appraisal is a valuable learning opportunity, and you should try to make the most of it.
Choose a property appraiser with condo experience. This professional will be able to take a close look at your condo and help you prioritize potential repairs.
In addition, review a property appraiser's findings closely. This information will help you determine the best ways to enhance your condo and ensure it can stand out from the competition.
3. Work with a Real Estate Agent
When it comes to selling your condo, it is always a good idea to work with a real estate agent.
Hiring a real estate agent with condo experience is a must, particularly for a first-time condo seller. This real estate professional will teach you about the ins and outs of the housing market and help you promote your condo to the right groups of property buyers.
A real estate agent will set up condo showings and open houses and negotiate with condo buyers on your behalf. Plus, he or she will offer honest, unbiased condo selling recommendations to help you get the best price for your property.
Don't leave anything to chance as you get ready to sell your condo. Take advantage of the aforementioned tips, and you can accelerate the process of selling your condo.
If you want to sell your house and achieve the optimal results, it helps to plan ahead as much as possible. Lucky for you, we're here to help you get ready for the home selling journey.
Now, let's take a look at three tips to help you plan ahead for selling your residence.
1. Conduct a Home Inspection and Appraisal
What you originally paid for your house is unlikely to match your home's current value. Fortunately, you can perform a home inspection and appraisal to ensure that you can price your house appropriately.
During a home inspection, a property expert will examine your house both inside and out. This property expert will identify any underlying problems with your house, allowing you to address such issues before you list your residence.
Meanwhile, a home appraisal ensures that you can receive a property valuation based on the age and condition of your residence, as well as pertinent housing market data. This appraisal enables you to better understand how to price your house, enabling you to establish a competitive initial asking price.
2. Enhance Your House's Interior and Exterior
A dazzling home interior and exterior can make a world of difference for any home seller, at any time. If you dedicate time and resources to perform home upgrades, you may be able to boost the likelihood of a fast, profitable home sale.
To enhance your house's interior, you may want to remove as much clutter as possible from your home. That way, you can make it easy for homebuyers to envision what life may be like if they buy your house.
Furthermore, you should trim the front lawn, clear outdoor walkways and do everything you can to improve your house's exterior. Because with a stunning home exterior, your home's curb appeal will increase, making it more likely than ever before that potential buyers will fall in love with your residence as soon as they see it.
3. Collaborate with a Real Estate Agent
If you're uncertain about how to plan ahead for the home selling journey, there is no need to worry. In fact, you can hire a real estate agent, and this housing market professional is happy to help you get ready to sell your house.
A real estate agent is a housing market expert who will learn about you and your home selling goals. Then, this housing market professional can help you develop an effective plan to sell your house and maximize its value.
In addition, a real estate agent will serve as an expert guide throughout the home selling journey. He or she will help you craft an engaging and informative home listing, promote your house to the right groups of buyers and review any offers on your residence.
When it comes to selling a house, it may be a good ideal to plan ahead. If you use the aforementioned tips, you can create a home selling strategy that ensures you can quickly and effortlessly navigate the home selling journey.
The number of showings a seller needs to host varies. In some instances, a buyer may submit an offer to purchase a house following an initial showing. Or, in other cases, a seller may host dozens of showings without receiving any offers to purchase his or her house.
Ultimately, there are lots of things that a seller can do to boost the likelihood that a home showing leads to an offer to purchase his or her residence, such as:
1. Perform Home Upgrades
A faulty light in your kitchen or chipped paint on your bathroom's wall may be problematic. But if you perform home upgrades, you can complete myriad house repairs. Perhaps most important, you can address various home problems before they otherwise slow down the house selling journey.
Oftentimes, it helps to take a room-by-room approach to identify home problems. If you make a list of house issues, you can address these problems over the course of several days or weeks. Then, when your house is ready, you can add it to the real estate market and host showings.
2. Clean Your House
A neat, tidy house is sure to make a great first impression on buyers. If you devote time and resources to clean each room in your house, you could make it easy for buyers to fall in love with your residence.
Of course, if you need help with home cleaning, you can always reach out to professionals for assistance. If you employ home cleaning professionals, you can upgrade your residence's appearance in no time at all.
3. Eliminate Clutter
Antiques, paintings and other decorations may help you transform a house into a home. However, you should remove these items before you host a house showing. Because if assorted personal belongings are scattered across your residence, it may be tough for buyers to envision what life could be like if they purchase your house.
If you have lots of personal belongings, you can rent a storage unit where you can keep these items safe until your residence sells. Or, if you have excess items, you can sell these items or give them to family members or friends.
Lastly, as you get set to list your residence, you may want to hire a real estate agent. This housing market professional will offer tips and recommendations to help you get your residence show-ready.
A real estate agent understands how to promote a residence to the right groups of buyers. He or she will schedule showings on your behalf and provide feedback after buyers view your residence. Plus, if a showing results in an offer to purchase your residence, a real estate agent can offer suggestions about whether to accept, reject or counter this proposal.
If you prepare for a home showing, you could accelerate the house selling journey. Thanks to the aforementioned tips, you can get ready for any showing, as well as make your home an attractive option to buyers.
Although a home seller wants to enjoy a quick, seamless home selling experience, problems sometimes can arise along the way. And if a home seller is not careful, these issues may cause him or her to encounter one of the dreaded home selling worst-case scenarios.
Ultimately, there are many home selling worst-case scenarios that a seller should try to avoid at all costs, and these scenarios include:
1. A home is priced too high.
A home seller should establish a competitive price for his or her residence from the get-go. Because failure to do so could force a residence to linger on the housing market for weeks, months or years.
To determine a competitive price, it helps to conduct plenty of real estate market research. Looking at the prices of recently sold houses in your city or town can help you determine whether you're preparing to enter a buyer's or seller's market. Also, examining the prices of comparable houses in your area can help you narrow your price range.
Furthermore, a property appraisal is a viable option for all home sellers, at all times. During an appraisal, a home expert will assess your residence and provide a property valuation. Then, you can use the property valuation to price your home accordingly.
2. A homebuyer requests a price reduction or major repairs after an inspection.
A home inspection generally takes place a few days after a seller accepts a buyer's offer on a residence. If this inspection reveals a wide array of home problems, it could jeopardize a potential sale.
It often helps to complete a home inspection before listing a residence. This inspection allows a seller to identify any home problems and resolve these issues immediately.
In addition, a home seller should understand his or her options after an inspection that reveals myriad home problems.
If a buyer requests a price reduction or home repairs after an inspection, a seller can agree to the buyer's terms or counter a buyer's proposal. Or, if a seller feels a buyer is being unreasonable, he or she can walk away from a home sale and relist his or her residence.
3. A home seller hires a real estate agent who lacks comprehensive industry experience.
If a seller hires a real estate agent who lacks comprehensive industry experience, he or she risks a long, arduous home selling experience.
There is no need to hire an inexperienced real estate agent. In fact, dozens of top-notch real estate agents are available nationwide, and these housing market professionals can help you achieve your home selling goals in no time at all.
The ideal real estate agent will know the ins and outs of the housing market. Plus, he or she will be able to guide you along each stage of the home selling journey and do whatever it takes to promote your residence to the right groups of buyers.
Enjoy a fast, profitable and worry-free home selling experience – consider the aforementioned home selling worst-case scenarios, and you can minimize risk throughout the home selling journey.