3 Common Home Selling Fears

Selling your home can be scary, particularly for those who are listing a residence for the first time. Fortunately, we’re here to help you face your home selling fears so you can overcome them before you add your property to the real estate market.

Now, let’s take a look at three common home selling fears, along with some of the ways that you can put these concerns to rest.

1. I won’t be able to get the best price for my home.

Getting the best price for a house is the number one concern for most home sellers, and for good reason. Lucky for you, there are several quick, easy ways to ensure you can maximize the value of your residence.

First, check out the housing market and see how your house stacks up against similar residences that are available. This will enable you to collect valuable housing market data that can help you price your house accordingly.

Don’t forget to complete a home appraisal too. A property appraiser will allocate the necessary time and resources to analyze your house’s interior and exterior. Then, he or she will provide a report that outlines your home’s strengths and weaknesses so you can better understand the true value of your residence.

2. My home will stay on the real estate market for years to come.

Let’s face it – a home seller likely wants his or her residence to sell as soon as it hits the real estate market. Sometimes, a house can linger on the real estate market for an extended period of time. And when this happens, it is easy to question whether a homebuyer will ever submit an offer on a residence.

As a home seller, it is important to ensure your house makes a positive first impression on homebuyers.

Spend some time mowing the front lawn, clearing dirt and debris from walkways and performing assorted home exterior improvements. This will enable you to boost your house’s curb appeal instantly.

Also, declutter your home’s interior as much as possible. By doing so, you can make it simple for homebuyers to envision what life would be like if they decide to purchase your residence.

3. When the time comes, I won’t be able to relocate to a new home.

After you sell your residence, you’ll need to move to a new address. The relocation process often can be difficult, especially if you have lived in a particular house for many years.

A real estate agent can help you prepare for the relocation process. This housing market professional understands all aspects of the home selling cycle, and as such, will be happy to offer expert assistance at all times.

Although selling a home may seem challenging, an informed home seller will understand what it takes to get the best results possible. And if you address your home selling fears now, you should have no trouble optimizing the value of your house and accelerating the home selling process.

How to Avoid Underpricing Your Home

As a home seller, you likely want to get rid of your residence as quickly as possible. However, there is no reason to underprice your residence to speed up the home selling process.

Ultimately, underpricing a home may create a number of problems. If you fail to consider how much your house is worth, you risk receiving offers for far less than your residence’s actual value. As a result, you may fail to maximize the value of your home.

So what does it take to ensure you can establish the right price for your residence? Here are three tips to help home sellers do just that.

1. Employ a Real Estate Agent.

A real estate agent possesses the skills and know-how to help you navigate any real estate market. He or she will be able to offer a wide assortment of housing market data and insights, and as such, provide recommendations to ensure you can set a fair price for your house.

Furthermore, a real estate agent will be able to help you establish the right price for your residence in a buyer’s or seller’s market – even if you are trying to move out of your home soon. This real estate professional will learn about your needs and explore a variety of options to guarantee you won’t have to underprice your home to sell it quickly.

2. Become Familiar with Comparable Homes in Your Area.

Many homes are available in cities and towns across the United States, and home sellers who assess the prices of comparable homes nearby should have no trouble establishing the right price for a residence.

Review real estate listings for houses that currently are available, along with listings for homes that sold recently in your city or town. This will help you understand how your house stacks up against other residences in your area so you can price your home based on the current real estate market.

3. Set Realistic Expectations Throughout the Home Selling Process.

There is no need to panic if your home does not receive multiple offers after the first open house. Instead, try to remain calm, cool and collected, and you can avoid the temptation to lower the price of your house to stir up interest among homebuyers.

Before you add your home to the real estate market, set realistic expectations for how much you would like to receive for your residence and how quickly you need to sell your property. This will enable you to have a home selling plan in place and ensure you are prepared for any challenges that come your way.

A real estate agent can help you establish realistic expectations for the home selling process as well. This professional will allow you to stay up to date about home offers, respond to your home selling concerns and questions and streamline the process of maximizing the value of your residence.

Use the aforementioned tips, and you can speed up the home selling process without sacrificing the value of your house.

Remain Calm During the Home Selling Process

You’ve added your home to the real estate market, and the offers are already beginning to arrive from interested homebuyers. However, you’re still a long way from finalizing the sale of your home, and there likely will be many hurdles that you’ll need to overcome before you complete the home selling journey.

Stress is common for many home sellers, regardless of whether you’re selling your home in a buyers’ market or a sellers’ market. Fortunately, we’re here to help you minimize stress as you move closer to finalizing the sale of your residence.

Here are three tips to ensure you can limit stress as you sell your home:

1. Plan Ahead.

What will happen if a homebuyer decides to back out of a deal after a home inspection? Or, how will you respond if a homebuyer asks you to complete home repairs? Plan ahead, and you’ll be ready to deal with a wide range of scenarios that could arise during the home selling journey.

The home selling journey is rarely, if ever, a clear-cut path. But home sellers who dedicate time and resources to plan for a variety of scenarios will be able to respond quickly and effectively in tough situations.

Also, planning ahead may improve your chances of remaining calm, cool and collected under duress. And ultimately, you’ll be better equipped to minimize stress throughout each stage of the home selling journey.

2. Give Yourself Plenty of Breaks.

The home selling journey may move fast, but don’t forget to take some time for yourself. By doing so, you’ll be able to focus on what’s important – your personal well-being and happiness.

For instance, spending a day at the beach with friends, enjoying a mini-vacation or even going for a short walk around the block enables you to take a break from the hustle and bustle of the home selling process.

Even spending an hour a day relaxing can deliver long-lasting benefits for a home seller. Remember, any time you devote to yourself will help you minimize stress and improve your chances of maintaining a positive outlook.

3. Work with a Top-Rated Real Estate Agent.

Who says you need to deal with the stress of selling your home on your own? Instead, work with a top-rated real estate agent, and you’ll be better equipped to stay calm throughout the home selling process.

Your real estate agent should be able to put things in perspective as you progress along the home selling journey. As such, you’ll want to find a top-rated real estate agent to ensure you can receive support from a qualified professional as you sell your residence.

A skilled, talented real estate agent will be able to handle tough negotiations with a homebuyer and ensure you’re able to get the best price for your home. Plus, this professional will provide you with a trusted resource and will respond to any of your concerns and questions.

Don’t let stress get the best of you as you sell your home – use these tips, and you’ll be able to remain confident and relaxed throughout the home selling journey.

Preparing Your House to Sell Faster

Although location is one of the most important factors that will impact the marketability of your home, it’s not the only thing prospective buyers are thinking about.

If they’re organized, focused, and serious about finding the right property for their needs, they’ve probably developed a detailed checklist of “must haves” and a “wish list.”

In all likelihood, those who are working with a real estate agent are being shown properties that conform to their requirements and many of their wish-list items. A comprehensive list would include everything from the number of bedrooms and bathrooms they want to square footage and the quality of the school district.

Many people also have specific preferences about features like floor plans, amount of storage space, the size of the backyard, architectural style, and the availability of a fireplace, patio, porch, deck, eat-in kitchen, two-car garage, and privacy features. Some are even looking for the traditional white picket fence in front of the house!

While your home can’t be “all things to all people,” it is highly recommended to target the widest possible audience. Your agent, a home staging consultant, or a home decorator can provide you with valuable tips on how to achieve that outcome.

Stand Out and Get Noticed

Just looking good on paper, though, is not always enough to attract motivated buyers. Prospects need to love what they see and be inspired to envision themselves living in your house. Doing what you can to create irresistible curb appeal is one vital aspect of making a great first impression. A manicured lawn, a fresh coat of paint (if needed), and some strategic home staging — inside and out — can make all the difference in your results!

Curb appeal is vitally important because that sets the stage, so to speak, for creating high expectations in your prospects. Once you get them in a positive frame of mind, they’ll be more inclined to notice all the positive aspects of your home. If your house meets all or most of their requirements and is arranged in a way that’s pleasing to them, a purchase offer and negotiations may be right around the corner.

One of the most crucial hurdles to clear in getting prospects to consider buying your house is to help them imagine living, relaxing, raising a family, and pursuing their interests in your home. Your real estate agent can help you effectively stage the interior and exterior of your home to make it inviting and appealing to the widest range of potential buyers.

You can support their sales and marketing efforts by making sure your home is always clean, fresh smelling, and ready to be shown at a moment’s notice to house hunters. Doing your best to eliminate clutter, keeping counter tops neat, and making sure pets are on their best behavior (or happily frolicking at the local “doggie daycare” center) can play a key role in winning over interested buyers and successfully selling your home!

3 Home Selling Incentives to Motivate Homebuyers

As a home seller, it is important to note that you’re not alone in the real estate market. In fact, dozens of other nearby home sellers likely are doing everything they can to promote their residences to prospective homebuyers. This means that you may need to think outside the box to generate interest in your home.

Fortunately, every homebuyer is looking for a bargain, and home sellers who offer incentives may be able to sweeten the deal if a homebuyer is interested in purchasing a residence.

Incentives are readily available that you can offer to homebuyers, and some of the top incentives to consider include:

1. Covering the Closing Costs.

Closing costs can add up quickly for homebuyers and may be a deterrent for a buyer to purchase a particular residence. However, you can eliminate this deterrent if you agree to cover even a portion of a homebuyer’s closing costs.

Agreeing to cover a homebuyer’s closing costs up to a predetermined amount may help you seal the deal with a prospective buyer. And ultimately, this incentive could make it easier for you to reap the benefits of a quick sale.

2. Allocate a Set Amount for Home Upgrades.

After a homebuyer conducts a property inspection, he or she may ask for upgrades to a residence’s furnace, windows or other areas. These issues may be deal-breakers, unless you allocate a set amount to account for potential home upgrades.

Completing these upgrades on your own may prove to be both time-consuming and costly. On the other hand, setting aside a set amount for upgrades and agreeing to deduct this amount from the total cost of your home could serve as a distinct incentive for homebuyers.

Ultimately, you’ll want to do as much as possible to ensure that a homebuyer remains interested in your home after an inspection is completed. And by determining a particular amount to deduct from your home’s price and sticking to it following an inspection, you’ll be better equipped to satisfy a homebuyer’s home improvement demands.

3. Including the Appliances.

You may have had your heart set on bringing your washer, dryer and refrigerator to your new home. Conversely, a homebuyer might want to avoid the hassle of installing new appliances if he or she buys your current residence.

So what can you do? Including the appliances with your home may allow you to close the deal with a homebuyer.

Remember, home appliances can be replaced, and you may be able to find new appliances that suit your future residence perfectly. And if a homebuyer wants the appliances in your home included in a deal, it may be worthwhile to offer this incentive to finalize an agreement.

Selling a home can be tricky, and getting support from a real estate agent who understands the local market is essential. This real estate professional may help you brainstorm unique incentives that you can offer to homebuyers and speed up the home selling process.

Consider the value of offering incentives to homebuyers, and you could boost your chances of a fast home sale.

3 Reasons to Include Your Neighbors in the Home Selling Process

Although you’ve enjoyed your residence for many years, all good things must come to an end. Now, as you get ready to embark on the next stage of your life, you’ve decided to leave your neighbors behind and sell your house.

Ultimately, there are many reasons why you should include your neighbors in the home selling process, including:

1. Your neighbors can help you promote your residence.

It may be tough to tell your neighbors that you plan to relocate in the foreseeable future. However, doing so may help you stir up interest from many potential property buyers.

For example, a neighbor may know a family member or friend who is interested in moving into the neighborhood. And if you give this neighbor a heads-up about your intent to sell your house, you may already have at least one person who is interested in buying your house as soon as it becomes available.

Your neighbors also can share your property listing with assorted family members and friends. In addition, don’t forget to encourage your neighbors to promote your house on social media.

2. Your neighbors may be able to offer home selling insights.

Your neighborhood likely is full of property owners who understand the ins and outs of buying a house. Furthermore, your neighbors may be able to provide home selling insights that you might struggle to obtain elsewhere.

It never hurts to ask a neighbor what he or she thinks of your home. By doing so, you can gain honest, unbiased feedback about your residence and may be able to identify problem areas that you previously did not consider. Then, you can allocate the time and resources to improve your home’s exterior and interior and ensure your house stands out in a competitive real estate market.

3. Your neighbors can help keep your neighborhood looking great.

Your neighbors may want you to stay in the neighborhood. But if your neighbors are true friends, they will probably do whatever they can to help you achieve your desired home selling results.

Letting your neighbors know that you plan to list your house may lead them to upgrade their properties as well. This may enable all of the houses in a neighborhood to stand out to visitors and will make it simple for homebuyers to envision what life would be like if they moved into the neighborhood.

Lastly, if you need extra help as you get ready to sell your home, feel free to reach out to a real estate agent. With a housing market professional at your side, you should have no trouble navigating the home selling journey.

A real estate agent will provide expert tips throughout each stage of the home selling process. Plus, he or she will set up home showings, negotiate with property buyers on your behalf and do everything possible to simplify the home selling cycle.

Collaborate with your neighbors throughout the home selling journey, and you can boost your chances of a quick home sale.

What Color Should You Paint Your Home’s Exterior?

Your home’s exterior will be the first thing any prospective homebuyer sees when he or she visits your house. As such, you’ll want to do everything possible to help your home’s exterior stand out for all the right reasons.

Cracking or fading paint throughout your home’s exterior can be problematic, especially for those who want to sell their residences as quickly as possible. Fortunately, painting your home’s exterior remains a viable option — all you’ll need to do is find the right color to help your residence impress prospective homebuyers consistently.

For those who want to revamp their home’s exterior, there are many factors to consider when choosing a new color, including:

1. Your neighbors’ homes

If you decide to paint your home a bright or dark color, how will this make your home look in relation to the rest of the houses in your neighborhood?

Take a walk around the neighborhood to see if you can find a common color palette before you paint your home’s exterior. This enables you to consider how your house will look relative to others in your neighborhood prior to painting.

If you notice your neighbors’ homes include a mix of light or dark colors, you may want to stay within the same palette. However, try to avoid using the same color as your neighbors’ homes – because no homebuyers want to live in a neighborhood filled with cookie-cutter houses that look identical.

2. Your home’s style

Do some research to find out what type of home you currently own and how similar residences have been painted in the past. This will allow you to discover a color scheme that matches the style of your home, and ultimately, may help your residence generate interest from homebuyers.

For example, a Victorian-style home may feature distinct features that you should try to showcase using a bright color. On the other hand, a stuccoed Spanish colonial-style residence may appear distinguished if you utilize a neutral color.

Devote the time and resources to learn about the style of your home, and you should have no trouble finding the right color for your residence’s exterior.

3. Your home’s current color

What did you think of your home’s exterior when you initially bought your home? The exterior color may have been one of the standout features that drew you to your house, and restoring your residence’s original color may help you transform your home into a must-buy.

When it comes to painting your home’s exterior, your best choice may be to leverage the same color. This may help you speed up the process of improving your home’s appearance, as you won’t need to evaluate numerous color options for your house’s exterior.

Painting your residence’s exterior is a must for those who want to enhance their home’s appearance and value. A new paint job enables you to boost your house’s curb appeal as well – something that is exceedingly important for home sellers in a highly competitive real estate market.

Work toward revamping your house’s exterior today, and you’ll be able to improve your chances of selling your residence.

The Perfect Open House

Beautiful Custom Kitchen Interior in a New House.An Open House can be an integral part of selling a home. Not every home is a candidate for an Open House due to factors like market conditions, location or condition.

If you are planning an Open House there are some helpful hints to ensure you have the most successful Open House on the block.

Here are some tips on how to have the perfect Open House:

  • In most communities, Sunday afternoon is typical and expected.
  • Two hours is also typical.
  • Avoid conflicts with holidays, community celebrations or special events such as the Super Bowl.
  • If possible try to be aware of the weather forecast, although this may be difficult to do.

There are some things you can do prior to your Open House to help it succeed.

At least one week prior to your first Open House:

  • Host a brokers only Open House. Agents and brokers will preview your home and identify possible buyers they have for your home.
  • Make your home look as large as possible by moving large pieces of furniture into storage.
  • Remove items not included in the sale. Remove the chandelier you got for a wedding present and the bookcase that fits so perfectly it looks built-in. If buyers don’t see it, they won’t want it.
  • Take Fido with you. Make arrangements for your pets to leave the house when it is being shown.
  • Two to Three Days Before Your First Open House

    Clean the house top to bottom. Get in every nook and cranny, wipe down the walls, windowsills, vacuum the corners and baseboards and yes wash those windows.

    • Clean and buff your appliances, that includes the stove inside and out.
    • Launder all the bedding, towels, rugs and other fabrics in your home.
    • Touch up spots on the walls.
    • Sweep and clean out the garage.
    • Mow the lawn, sweep the sidewalks, and clean up the bushes and flowers.

    24 Hours Before Your First Open House

  • Air out the house by opening the windows.
  • Make your home smell delicious by baking bread or apple pie.
  • Go through each room one by one and try to look for last minute fixes.
  • Add an arrangement of flowers.
  • What Buyers Want

    Today’s homebuyers are savvy and they know what they want. If you are looking to get top dollar or a quick sale you will want to make sure you home has what it takes to meet the high standards of today’s buyers.

    Here are a few things that top buyer’s lists:

    1. Smaller: Believe it or not buyers are purchasing smaller homes but that doesn’t mean they are sacrificing for smaller spaces. Open and flowing floor plans are big hits with buyers today.

    2. Energy Efficient Appliances: Buyers know energy efficient appliances save money and they want them in the home they purchase.

    3. Storage: Who doesn’t love storage? Built-ins, custom closets and shelving sells homes.

    4. Outdoor living space: Living space on a deck or patio increase the square footage and usable space and buyers are looking for a private outdoor area to relax and entertain.

    5. A kitchen with eating area: Kitchens sell homes. Buyers want a large kitchen with a designated eating area.

    6. Home office: More and more people are working from home and need a place to work that is away from the hustle and bustle of the main living area.

    Think about inventive ways to use space in your home to show a buyer that your home has everything they want. You may want to use a home stager to help you showcase these areas.

     

    How to Sell Your Home Fast

    Even if you think you have all the time in the world to sell your home, once you put the for sale sign in the yard you will start to feel antsy. If you want to sell your home quickly it’s important to have a strategy. Here are some tips and tricks for getting more buyers interested and selling your home quickly:

    1. Lots of photos: The more photos the better. Image is everything and you want to make sure your home has a good one. Studies show that 10 or more pictures can help reduce your home’s days-on-market time by up to 42% and improve the selling price by as much as 3.8%.

    2. Host an Open House: According to the National Association of Realtors, 45% of home buyers reported they used information from an open house in their home search. Open houses bring potential buyers into your home for a first hand view.

    3. Staging: This can really help a home sell quickly. Statistics show staging can help a property sell 50% faster and can increase the selling price by 6.9%. Staging allows buyers to imagine their own life within the home.

    4. Price it Right: Work with your real estate agent to price your home competitively within the current market. Use a Comparative Market Analysis or CMA to compare your home to others like it in your neighborhood. This will give you a value price range in which your home should sell.