Deborah McLaughlin's Blog
Getting the best price for your residence can be easy, particularly if you allocate the necessary time and resources to become a smart home seller.
What does it take to become a smart home seller? Here are three tips to help you do just that.
1. Analyze the Housing Market Closely
The housing market can be tricky to navigate, especially for a first-time home seller. Fortunately, those who spend some time reviewing the real estate sector closely can identify housing market patterns and trends and plan accordingly.
For example, a home seller should check out the prices of comparable houses in his or her area. This will enable a property seller to understand how his or her home stacks up against the competition.
A home seller also should review the prices of recently sold homes. This will allow a home seller to differentiate between a buyer's market and a seller's market.
2. Take a Look at Your Home – Both Inside and Out
When a homebuyer views your house for the first time, will your residence make a positive first impression? If you're unsure, you may want to conduct a home appraisal as soon as possible.
A home appraisal allows a property inspector to examine your residence both inside and out. That way, you can identify any potential problems with your residence and make home improvements as needed.
There are many quick, simple ways to enhance your property's appearance without breaking your budget too.
For example, mowing the front lawn and trimming the hedges can help you transform an ordinary home exterior into an exceptional one.
Or, if you want to upgrade your house's interior, eliminating clutter usually is a great idea. Removing unwanted items from your house will help you free up space so you can show off the true beauty of your residence's interior.
3. Work with a Real Estate Agent
No one should be forced to navigate the home selling journey alone. Lucky for you, real estate agents are available who can help you seamlessly add your home to the housing market and optimize your residence's value.
A real estate agent will meet with you to understand your home selling goals. Then, he or she will help you map out a home selling journey, one that guarantees you can generate plenty of interest in your residence as soon as it becomes available.
Usually, a real estate agent will help you get your home ready to add to the real estate market. He or she will offer honest, unbiased home improvement recommendations so you can upgrade your residence in no time at all.
Perhaps best of all, a real estate agent will set up home showings, promote your residence to homebuyers and negotiate with property buyers on your behalf. And if you ever have home selling concerns or questions, a real estate agent will be happy to respond to them instantly.
Take the guesswork out of selling your home – use the aforementioned tips, and you can become a smart home seller.
Looking to list your house and maximize its value? Ultimately, a home selling timeline can make a world of difference, regardless of where your house is located.
A home selling timeline enables you to map out the home selling journey. Then, you can decide the best steps to ensure you can achieve your home selling goals as quickly as possible.
Now, let's take a look at three tips to help you craft an effective home selling timeline.
1. Set a Deadline
When do you want to be out of your current house and living elsewhere? Establish a home selling deadline, and you can determine how much time you have to navigate the home selling journey.
If you need to sell your home in a matter of weeks, you'll likely need to move quickly if you want to achieve the best-possible results. Thus, you'll need to make a plan to ensure you can promote your house to the right buyers and speed up the home selling process.
Conversely, if you have several months to sell your house, you may be able to take a gradual approach to listing and promoting your residence. In this scenario, it may be worthwhile to conduct a home inspection, identify any underlying home problems and address these issues. That way, you can perform assorted house improvements to boost the value of your residence.
2. Determine Your Budget
A home selling timeline and budget often go hand-in-hand, and for good reason. If you craft a home selling budget in conjunction with your timeline, you can ensure you have the necessary finances for expenses that may arise during the home selling journey.
For example, consider what may happen if a homebuyer identifies myriad home problems during an inspection. In this situation, a buyer may ask you to complete home improvements in order to move forward in the home selling process. And if you have already set aside funds for home improvements, you can complete these tasks and ensure you can stick to your home selling timeline.
3. Consult with a Real Estate Agent
For home sellers, it generally helps to hire a real estate agent. This housing market professional can help you create a successful home selling timeline and address a wide range of home selling hurdles.
A real estate agent understands the complexities of selling a house and will make it easy for you to make informed decisions throughout the home selling journey. He or she will teach you about the housing market and ensure you can establish a competitive initial asking price for your residence. Next, a real estate agent will promote your house to prospective buyers and help you review offers on your residence. And once you receive a fair homebuying proposal, a real estate agent will ensure you can quickly and effortlessly finalize a home sale.
Set up a timeline for selling your house – you'll be glad you did. If you use the aforementioned tips, you can establish an effective home selling timeline that guarantees you can optimize the profits from your home sale.
Planning to sell your house in the next few weeks or months? If so, you likely will want to declutter to improve your house's appearance and make it easy for potential homebuyers to envision what life might be like if they purchase your residence.
Ultimately, donating items may prove to be exceedingly valuable, particularly for those who want to declutter and move in the near future.
By donating items that you no longer need, you can quickly and easily remove clutter from your residence. Plus, you may be able to secure a tax credit for your charitable contributions.
Before you donate your items, however, you should take a close look at your personal belongings and decide which things to keep and which to give to charity.
Now, let's take a look at three items that you can donate to charity:
If you intend to move from Florida to Alaska – or vice-versa – there may be a wide range of clothing that you can donate before you move.
Ensure that any clothing that you plan to donate is clean. If necessary, wash any dresses, t-shirts and other apparel that you intend to donate.
Also, it is always better to err on the side of caution when you donate clothing. And if you have clothes that are faded or torn, you should dispose of these items.
For those who plan to downsize, donating electronics is ideal. That way, you can get rid of electronics that won't fit into your new home and do a good deed at the same time.
Evaluate your electronics and make sure they work correctly before you donate them. In addition, it often pays to tape any electronics cords, wires and accessories to the items themselves.
Check out a charity's electronics donations policies prior to scheduling a donation pick-up too. By doing so, you can guarantee that a charity can pick up and use your excess electronics.
In many instances, an individual may move into a new address that comes equipped with a new refrigerator, washer, dryer and other appliances. If this happens, you may want to contact local charities to see if they can pick up your current appliances.
Reach out to a local charity to find out whether it can pick up your current appliances – you'll be glad you did. If the answer is "Yes," you may be able to avoid having to move big, heavy appliances on your own.
As the aforementioned list shows, there are lots of great items that you can donate to charity. Conduct an in-depth search of charities in your city or town, and you can work with a local charity that can use your excess items.
Lastly, if you ever have questions about which charities in your area will accept donations, don't hesitate to reach out to these organizations directly. And if you're looking for extra assistance as you declutter your residence and prepare to list your home, it certainly helps to contact an expert real estate agent as well.
Selling a house may prove to be difficult, particularly for those who are competing against dozens of rival sellers in the same city or town. Fortunately, there are lots of things that you can do to gain a competitive advantage over rivals in a fierce housing market.
Now, let's take a look at three tips to help you get a leg up on the home selling competition.
1. Focus on Curb Appeal
How your residence looks to buyers can have far-flung effects on the house selling journey. Thus, if you allocate time and resources to upgrade your house's curb appeal, you can differentiate your home from all others in your area. And as a result, you could speed up the home selling cycle.
To enhance your home's curb appeal, eliminate clutter and debris in front of your residence. Also, if there is any damaged home siding, you should fix this problem.
If you are unsure about how to improve your home's curb appeal on your own, you can always hire professionals to help you out, too. These professionals will take the guesswork out of home exterior improvements and allow you to upgrade your residence's curb appeal without delay.
2. Set an Aggressive Initial Asking Price
If you price your home too high, you risk alienating prospective buyers. Or, if you price your house too low, you risk missing out on the chance to optimize your home sale earnings.
Ultimately, it is beneficial to establish an aggressive initial home asking price. If you learn about the local housing market, you can compare your residence to available houses in your city or town. Then, you can use this housing market data to help you establish a competitive initial asking price for your home.
You may want to conduct a home appraisal as well. That way, you can receive a property valuation that you can use to help you set an aggressive initial home asking price.
3. Collaborate with a Real Estate Agent
Navigating a fierce housing market often is challenging for first-time and experienced house sellers alike. Lucky for you, real estate agents are available who can help you simplify the house selling journey.
By hiring a real estate agent, you can collaborate with a home selling expert. Typically, a real estate agent will work with you to create a custom home selling strategy. And when you are prepared to sell your home, a real estate agent will ensure that you can put this plan into effect and achieve the best-possible results.
Furthermore, a real estate agent will help you review any offers to purchase your house. He or she is happy to provide honest, unbiased home selling recommendations. By doing so, a real estate agent will help you immediately sell your residence and get the best price for your home.
Ready to sell your house? Take advantage of the aforementioned tips, and you can quickly and effortlessly sell your home in a competitive real estate market.
If you intend to sell your home in the near future, you may want to upgrade your residence's interior. In fact, there are many reasons to improve your home's interior before you list your house, and these reasons include:
1. You can differentiate your residence from the competition.
For a seller who wants to help his or her home stand out to buyers, upgrading a residence's interior is ideal. Because if your house boasts a fabulous interior, your home is sure to make a great impression on buyers.
As you consider home upgrades, you may want to consult with interior designers as well. These home interior experts are happy to offer tips and insights so you can improve your residence's interior in no time at all.
2. You can boost the likelihood of a profitable home sale.
When it comes to selling your home, your ultimate goal likely is to earn as much as you can from your house sale. Thanks to a stunning home interior, you can increase your chances of enjoying a profitable house selling experience.
Remember, a dazzling home interior may make it simple for buyers to fall in love with your residence as soon as they walk through the front door. If multiple buyers compete to acquire your home, you may receive several offers to purchase at or above your residence's initial asking price.
3. You can speed up the home selling journey.
There is no telling how long it will take you to sell your house. But if you improve your residence's interior, you could make your home an attractive option to dozens of buyers. And as a result, you could reap the benefits of a fast home sale.
Of course, for those who want additional assistance during the home selling journey, hiring a real estate agent may prove to be beneficial. A real estate agent takes the guesswork out of selling a home, regardless of the current housing market's conditions.
If you want to bolster your home's interior, a real estate agent is ready to assist you in any way possible. He or she will walk through your home and offer suggestions so you can quickly enhance your house's interior. A real estate agent may be able to connect you with the top interior designers in your area, too.
In addition, a real estate agent offers plenty of assistance as you navigate the home selling journey. If you are unsure about how to price your house, for example, a real estate agent can help you analyze your home's strengths and weaknesses so you can price your residence appropriately. Or, if you are uncertain about whether to accept an offer to purchase your house, a real estate agent can help you make the best-possible decision.
Ready to add your home to the real estate market? You may want to upgrade your house's interior first. Because if you perform home interior upgrades today, you may be better equipped than ever before to enjoy a successful house selling experience.