Navigate the Home Selling Journey Like a Pro

No one should be forced to deal with a long, complicated home selling journey. Fortunately, there are many things a seller can do to navigate the property selling journey like a pro.

Now, let’s take a look at three tips to help you enjoy a quick, profitable home selling experience.

1. Analyze the Housing Market

You may have entered the housing market in the hopes of enjoying a seamless property selling experience. Yet the real estate market offers no guarantees. But if you analyze the housing sector closely, you can gain the insights you need to price your home appropriately based on the present market’s conditions.

Take a look at the prices of available homes in your city or town that are similar to your own. This housing market data can help you see how your residence stacks up against the competition. It also may help you determine how to price your residence so you can ensure it garners lots of attention from potential buyers.

Furthermore, don’t forget to assess the prices of recently sold houses in your area, as well as how long these residences were available before they sold. If homes are selling quickly, a seller’s market may be in place. Or, if homes linger on the real estate market for many weeks or months, the current housing sector may favor sellers.

2. Perform Home Upgrades

For those who want to speed up the home selling process, improving your house’s curb appeal is ideal. Because if your home boasts amazing curb appeal, you can make it easy for buyers to fall in love with your house.

To bolster your residence’s curb appeal, you should mow the lawn, repair any damaged siding and perform other home exterior improvements. That way, your house is sure to impress buyers as soon as they see it for the first time.

In addition, allocate time and resources to transform your home’s interior from drab to fab. If each room of your home dazzles, buyers will have no trouble envisioning what life may be like if they purchase your house.

3. Hire a Real Estate Agent

Generally, it helps to hire a real estate agent if you are selling your home. And if you have a real estate agent at your side, you can quickly and effortlessly promote your residence to the right groups of buyers.

A real estate agent will offer recommendations to help you upgrade your residence’s interior and exterior, set up home showings and open house events and much more. Plus, if you are ever unsure about how to proceed along the property selling journey, he or she is happy to offer home selling advice.

For those who prepare for the home selling journey, it may not take long to sell a house. If you take advantage of the aforementioned tips, you can plan ahead for each stage of the property selling journey. As such, you will be able to navigate this journey like a pro.

How to Avoid a Home Selling Fiasco

For those who want to enjoy a fast, profitable and seamless home selling experience, there is no need to worry. In fact, there are many things that you can do to minimize the risk of a home selling fiasco, and these include:

1. Conduct a Home Inspection

A house inspection usually is completed after a seller accepts a buyer’s offer to purchase a residence. At this time, a buyer typically requests an inspection to identify any underlying house issues. If a buyer is satisfied with the inspection results, he or she likely will proceed with a home purchase. Or, if a buyer encounters myriad home problems, this buyer may reconsider his or her offer to purchase a residence.

By conducting a home inspection before you list your house, you can immediately identify any underlying home problems. You then can work to correct various house problems and avoid the risk that such issues could potentially slow down or stop a home sale in the near future.

2. Perform Home Upgrades

When it comes to selling a house, it generally is a good idea to be proactive. And if you allocate time and resources to upgrade your house now, you may be better equipped than ever before to stir up lots of interest in your residence as soon as it becomes available.

To enhance your house’s exterior, you should mow the front lawn, fix any cracked or damaged home siding and perform assorted home exterior repairs. By doing so, you can improve your house’s curb appeal.

Furthermore, don’t forget to devote attention to your house’s interior. If you can clean every room of your home and eliminate clutter, you could boost the likelihood of a successful home selling experience.

3. Collaborate with a Real Estate Agent

Getting the best results – and avoiding potentially time-intensive and costly problems – is paramount for any home seller. If you collaborate with a real estate agent, you can get the help you need to quickly sell your house and maximize your earnings.

A real estate agent is happy to help you kick off a successful home selling journey. First, a real estate agent will meet with you and learn about your house and home selling goals. He or she next will help you craft a home selling strategy based on your residence and the current real estate market’s conditions. Then, a real estate agent will promote your residence to buyers and host open house events and home showings. And once you receive an offer to purchase your residence, a real estate agent will help you review this proposal and make an informed decision.

Let’s not forget about a real estate agent’s industry expertise, either. If you ever have questions during the home selling journey, a real estate agent will instantly address these queries.

Reduce the risk of encountering problems when you sell your house – consult with a real estate agent today, and you’ll be able to receive comprehensive assistance at each stage of the home selling journey.

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.

3 Common Home Selling Mistakes and How to Avoid Them

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.

Sell Your Home in a Hot Housing Market

A hot housing market features residences that buyers want to purchase as quickly as possible. As a home seller, you should do everything possible to stir up interest in your residence, even in a hot housing market. Because if dozens of buyers compete for your house, you may be able generate significant profits from your home sale.

Ultimately, there are several fast, effective ways to ensure you can maximize your home sale earnings in a hot housing market, and these include:

1. Conduct a Home Inspection

A home inspection allows you to identify your house’s strengths and weaknesses. Then, you can take the necessary steps to transform various home weaknesses into strengths.

It won’t take long to conduct a home inspection, either. Typically, a home inspector can visit your residence, perform the evaluation and provide an inspection report in a single day. This means you can quickly gain the home insights that you need to help you upgrade your residence prior to adding it to a hot housing market.

2. See How Your House Stacks Up Against the Competition

Take a look at the prices of available houses in your city or town that are similar to your own. This housing market data can help you establish a competitive initial asking price for your residence.

Furthermore, analyze the prices of recently sold residences in your area. With this housing market information, you can see just how quickly houses are selling and map out your home selling journey accordingly.

3. Consult with a Real Estate Agent

If you’re unsure about how to proceed in a hot housing market, there is no need to stress. In fact, if you collaborate with a real estate agent, you can get the help you need to optimize your home sale earnings, regardless of the current housing market’s conditions.

A real estate agent is a housing market expert who understands how to navigate the home selling journey. First, he or she will meet with you to discuss your home selling goals. A real estate agent then will develop a personalized home selling strategy. Finally, this housing market professional will list your home, set up home showings and open houses and help you get the best price for your residence.

Of course, a real estate agent is happy to assist you once you receive offers on your house too. If you get a home offer and don’t know whether to accept, reject or counter it, a real estate agent can help you explore the pros and cons of all of the options at your disposal. Plus, a real estate agent can offer a recommendation about how to proceed with an offer, along with plenty of insights to help you make an informed decision.

When it comes to selling a house in a hot market, there’s a lot that sellers can do to achieve the best-possible results. Use the aforementioned tips, and you can boost the likelihood of maximizing your home sale profits after you add your residence to a hot housing market.

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!

Contingencies To Ask For When Making A Purchase Offer

Contingencies are a great resource when it comes to both buying and selling a home. Both buyers and sellers tend to ask for certain contingencies to be included in the purchase contracts for a home. These contracts have a time limit on them to give both buyers and sellers time to get the things that the contracts state done. This time frame is usually somewhere in the neighborhood of several weeks’ time between the signing of the sales contract and the closing of the deal on the home.

Meeting And Removing Contingencies

During the time that you have between the sales agreement and the closing of the home, you’ll be working to either meet the contingencies or trying to have them removed. This can be done through renegotiating or having work orders completed. In some cases at this point the entire purchase may be called off.  

Standard Or Not?

Some contingencies are very common and it would be a bad choice to reject them. Buyer’s inspection contingencies, for example, are quite common. In this case, closing is subject to the approval of an inspection report. If a buyer really loves a property and is in the “desperate” category, they’ll often end up waiving this and take the home as is. Your realtor and attorney will be able to inform you of what types of contingencies are the norm. 

Some of the things that buyers and sellers see on these contracts are a little out of the ordinary or are less convenient. They become a matter of negotiation. Some sellers may ask that the deal is contingent upon them closing on another home. If you need a home in a hurry, you may want to reject this and request a time limit. As a buyer, you always risk failing to reach a contract with your seller when you ask for these changes. Anything that you’re able to handle in a contract is worth it if you really love the house, but there’s a balance. As a buyer, you can do the same, requesting a contingency that you sell your house before the new home is purchased. 

Financing 

Most standard home purchase contracts include a contingency that the buyer is able to secure financing to buy the home. There’s also a time frame for the intended financing to be secured. The only way to skip these contingencies is to have an all cash offer, which is pretty rare! 

Other contingencies that are almost a must include the inspection contingency and the title contingency. These protect the buyer in order to be sure that the home has a clean title and no major damage. These allow buyers to back out of a buying a home if there is more work to it than they thought. The title contingency also protects renters or squatters from selling a home that they do not own.

First-Time Home Seller Tips: Stay Positive After You List a Home

Adding a residence to the real estate market can be stressful, particularly for a first-time home seller. Fortunately, we’re here to help you maintain a positive outlook as you await offers on your house.

Now, let’s take a look at three tips to help a first-time home seller remain calm, cool and collected after he or she lists a residence.

1. Set Realistic Expectations

Although a first-time home seller might expect dozens of offers in the days following a house’s addition to the real estate market, it may take some time to stir up interest in a residence. However, a home seller who establishes realistic expectations from the get-go will know how to stay the course throughout the property selling journey.

A first-time home seller should understand both the best- and worst-case scenarios. That way, a home seller will know how to respond to any potential pitfalls that may arise.

Furthermore, a first-time home seller should have a plan in place for what will happen after a home offer is accepted. This will ensure a home seller is fully prepared to vacate a house as quickly as possible.

2. Learn About the Housing Market

The housing market is exceedingly complex, especially for those who are selling homes for the first time. Conversely, a first-time home seller who takes a diligent approach can gain the real estate market insights to make confident decisions.

For example, a first-time home seller should analyze the competition closely. By looking at the prices of similar houses that are available, this home seller can establish a competitive price for a house and increase his or her chances of a quick home sale.

A first-time home seller also should check out the prices of recently sold houses in his or her city or town. By doing so, this home seller can find out whether he or she is entering a buyer’s or seller’s market and plan accordingly.

3. Collaborate with a Real Estate Agent

Selling a home may seem like a simple process on paper, but challenges can quickly arise that prevent a first-time property seller from achieving his or her desired results. But with support from a real estate agent, a first-time home seller can get the assistance that he or she needs to remain confident at each stage of the property selling journey.

A real estate agent understands the challenges associated with selling a house and will help a property seller avoid such problems. In fact, a real estate agent is happy to provide expert guidance to help a first-time home seller operate like a home selling professional.

Perhaps best of all, a real estate agent will respond to a first-time home seller’s concerns and queries. This guarantees a home seller can obtain unparalleled insights into how to set a competitive price for a residence, how to bolster a house’s interior and exterior and much more.

Want to keep things positive as you proceed along the home selling journey for the first time? Use the aforementioned tips, and you can maintain a positive outlook as you navigate the home selling cycle.