Our Real Estate Blog
The home selling journey offers no guarantees, and as such, there is no assurance that you'll be able to enjoy a fast, profitable home selling experience. Lucky for you, we're here to offer insights into the home seller's perspective and ensure you can reap the benefits of a successful home selling journey.
Now, let's take a look at three tips to help you become a smart home seller.
1. Analyze Your House's Strengths and Weaknesses
Although you've allocated significant time and resources to keep your house looking great over the years, your home soon may be just one of many houses that is available to property buyers. But if you analyze your residence's strengths and weaknesses, you may be able to identify opportunities to improve your house and differentiate it from others in a competitive real estate market.
Oftentimes, it helps to conduct a house inspection before you list a residence. This inspection will enable you to receive a comprehensive analysis of your house from a property expert. Then, you can use an inspection report to prioritize home improvement projects and upgrade your house accordingly.
2. Set an Aggressive Initial Asking Price
What you initially paid for your house is unlikely to match your home's present value. However, if you analyze the real estate market, you may be better equipped than ever before to establish an aggressive initial asking price for your residence.
Take a look at the prices of available houses in your city or town that are comparable to your own residence. By doing so, you can narrow the price range for homes in your region.
Furthermore, a home appraisal may prove to be exceedingly valuable. An appraisal enables you to receive a property valuation based on your house's condition, age and the current state of the real estate sector. With this appraisal in hand, you can set an asking price for your house that will hit the mark with many potential buyers.
3. Collaborate with a Real Estate Agent
Even a home seller who is persistent and intelligent may require additional help to achieve the optimal results. Fortunately, real estate agents are available who can make it simple for a home seller to maximize his or her home sale earnings.
A real estate agent is a housing market expert who is unafraid to be honest with a home seller. This housing market professional will offer unbiased feedback about a residence's condition and provide recommendations to help a home seller improve his or her property. Plus, a real estate agent is happy to respond to a home seller's concerns and questions. This means a home seller can receive extensive housing market insights from his or her real estate agent and make informed decisions throughout the home selling journey.
When it comes to selling a home, there is no need to leave anything to chance. Take advantage of the aforementioned tips, and anyone can enter the real estate market as a smart home seller.
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.
Whether it’s one room in your home that’s a little too small for your needs, or you’re living in a more cozy space than you’d prefer, sometimes you just want your space to feel larger than it is. This is particularly true if you are getting ready to list a home for sale, as homes that feel large are likely to sell more quickly than homes that feel cramped. If you’re craving more space, careful placement of your decor and furnishings will help open up the space and make it feel larger than life.
Raise the Curtains
One strategy to make your home seem larger is to raise the curtains. Rather than hanging them at the top of the window, hang them near the ceiling and allow them to drape from floor to ceiling. This will make the ceiling look taller, and that will make the room feel larger.
Dark spaces feel small and confined, while well-lit spaces feel large. If the room has dark areas, add some lighting to brighten them up. This can add a feeling of space to an otherwise dark area.
Make Your Decorations Bigger
Clutter is the enemy when you’re trying to make your space feel larger, but not all clutter is simply because you’re bad at putting things away. Sometimes clutter comes from too many decorations. A few large items, rather than a lot of small ones, can make the space feel larger. If you are adding vases, candles, and similar tabletop decor, limit yourself to just a few. Create small arrangements on nightstands or coffee tables that will draw the eye into the room, and leave other areas open.
Similarly, instead of making a wall that has many small pieces of art on it, display one larger item. Give yourself the freedom to leave some walls blank, as this will actually make the space feel larger.
Strategically Place Mirrors to Reflect Light
Mirrors are quite helpful in opening up a space, but they need to be placed well. If you place mirrors so they bounce light from windows or in a space that makes the room feel like it has more square footage, they can make a big difference in how tight or open the space feels.
Choose Raised Furniture
Finally, when shopping for furniture, choose options that sit off the ground. The openness underneath actually gives the impression of more space in the room. While this is just an illusion, it has a big visual impact.
Whether you’re wanting to enjoy your home more fully or prepping it to sell, making it feel larger will help. With these strategies, you can add the feeling of more square footage to your space, even without tackling a remodel.
The size of your kitchen does not necessarily determine its functionality. What matters more is how you utilize the space you have. With long aisles and parallel counter spaces, galley kitchens are a great and efficient option. This design provides plenty of room for storage and preparation. Galley kitchens feature a central aisle with countertops, appliances, and cabinetry on either side. It is an excellent option for small kitchen spaces but also works well for mid-sized areas. Galley kitchens are built for efficiency and when well-conceived, can also help to control traffic flow in and out of the kitchen. If you wish to have your small kitchen remodeled, the galley design is one to consider.
The tips listed below will ensure you get the best from your galley kitchen design.
There are several storage options that can be incorporated into a galley kitchen. Because the footprint is narrow, you’ll want to make use of vertical spaces. If you prefer to have more counter space, create symmetry with a design that utilizes counters and base cabinets on both sides. Include open shelving or glass-front cabinets above your counters for dishes and glasses. If storage is more important to you, consider using one wall for floor to ceiling cabinets and utilize the other wall for open shelving, and preparation space.
When it comes to styling this kitchen type, your creativity comes to play. The galley kitchen is a style that encourages minimalism, but don’t be afraid to introduce interesting colors or materials. If you don’t have much natural light, consider incorporating lighter colored materials and installing plenty of lighting options to brighten your work areas. If your space is especially narrow, selecting cabinetry that does not need knobs or pulls will save you visual space.
Because of its narrow layout, a galley kitchen design is not one that can accommodate a dining table and chairs. Incorporating a seating area can be a challenge. If you want to be social while you work around the kitchen, consider using an island as one side of the galley. This allows for counter height seating on the opposite side of your prep surface but doesn’t interrupt the flow of your space.
An offer to purchase represents a key milestone in the homebuying journey. Ultimately, it helps to plan ahead to ensure you're ready to submit a homebuying proposal. Because if you know what it takes to put together a competitive offer to purchase a house, you can boost the likelihood that a home seller accepts your proposal.
Now, let's take a look at three tips to help you get ready to submit an offer to purchase.
1. Study the Housing Market
The housing market fluctuates frequently. As such, you may enter a real estate market that favors buyers but slowly shifts into sellers' favor, or vice-versa. But if you examine the real estate sector closely, you can differentiate a buyer's market from a seller's one and submit an offer to purchase that accounts for the current housing market's conditions.
If homes are selling quickly at or above their initial asking prices, you may be working in a seller's market. Comparatively, if houses linger on the real estate market for many weeks or months before they sell, you may be operating in a buyer's market. As you start to craft an offer to purchase a house, you should analyze the real estate market. By doing so, you can submit an offer to purchase that matches a seller's expectations.
2. Get Your Finances in Order
Entering the housing market with a budget in hand usually is beneficial. If you get pre-approved for a mortgage, you can narrow your house search and stick to a budget as you pursue your dream residence.
Banks and credit unions can teach you everything you need to know about fixed- and adjustable-rate mortgages. Perhaps best of all, lenders employ mortgage specialists who can respond to your mortgage concerns and questions. If you collaborate with a lender today, you can get the financing you need to buy a house. Also, you can conduct a search for homes that fall within your price range and reduce the risk of submitting an offer to purchase that surpasses your budget.
3. Avoid a "Lowball" Offer
Submitting a "lowball" offer to purchase a home may seem like a good idea at first. Yet submitting a homebuying proposal that falls short of a seller's expectations is unlikely to help you acquire your dream house.
In most instances, a seller will instantly reject a lowball offer to purchase. And if you receive an immediate "No" from a seller, you risk missing out on the opportunity to purchase your ideal residence.
Allocate time and resources to craft a competitive homebuying proposal – you'll be glad you did. Otherwise, you run the risk of putting together a lowball offer that will miss the mark with a seller and force you to look elsewhere to purchase a house.
Lastly, if you need extra assistance as you perform a house search, you may want to hire a real estate agent. By employing a real estate agent, you should have no trouble crafting a competitive offer to purchase any home, regardless of the housing market's conditions.