Margo Delaney's Blog
If you do not know the process for selling a home it can raise your stress level some. It can also be a very unpleasant experience. During the process, you will have to endure a lot of opinions and suggestions that can either help you or end up hurting your efforts when the home sells. If you want to be successful in selling your home, then there are some things that you will want to consider before beginning the journey.
Get the Best Agent
Your real estate agent is called a listing agent. This is true if they are the one that listed your home. If your agent also is helping the buyer, then they can be the mediation between both parties. In order for them to represent both parties they must have approval by agreement of both parties in writing. This is important to know because as your agent they must represent your interests to the buyer. An agent that represents both parties could be accused of having a conflict of interest. When choosing your agent you will want to find one that is able to represent your interests effectively.
Have an Analysis Done on Your Home
It is the price that will eventually sell your home. If you price your home too low, you will end up losing money. But price if the price is too high, and you will make nothing because it will never sell. A comparative market analysis will be done by your agent. It will compare your home to others in the area. It will suggest what your home could potentially sell for. When you finally decide on a price your agent will put that price on the contract. The buyer will have to agree to that price, in writing, for it to become the sale price.
All sellers are responsible to disclose anything that could be wrong with the property. You will have to fill out a form that would list any problems that could potentially be wrong with the property. In this case the law favors the buyer as they are making a major purchase.
Get Your Home Connected
You will want to make sure to advertise your home. Your agent will be able to put the listing out for everyone to see but that is not the only thing you can do. Go ahead and take pictures of your home and use social media to advertise it. The more exposure you give your home the better it will sell. The real estate market is very competitive. If you want to sell your home fast, then you will have to do more than what everyone else is doing to market their own homes. But knowing how to create exposure will sell your home fast.
Although you'd like to eliminate as much clutter as possible before you sell your house, doing so may seem like a long, arduous task. Fortunately, you don't have to be a home organization expert to remove clutter from your house quickly and effortlessly.
Now, let's take a look at three creative ways to help home sellers eliminate clutter instantly.
1. Develop a daily declutter schedule
Believe it or not, it doesn't take long to declutter a home, regardless of the size of your house. With a declutter schedule at your disposal, you can set small and large decluttering goals and make daily progress toward a clutter-free house.
Even spending five minutes a day decluttering your house can make a world of difference. Over the course of a week or month, you'll start to notice lots of free space fills your residence – something that homebuyers are sure to appreciate.
Also, don't forget to stick to your declutter schedule as closely as possible. And if you miss a day along the way, there's no need to worry, as you can always try to make up for lost time the following day.
2. Give away one item each day
If you have excess items, why not offer them to family members, friends and others who may be able to use them?
Ultimately, if you strive to give away one item daily, you can declutter your home and help family members, friends and others at the same time.
Giving away items is a quick, simple way to declutter. Meanwhile, offering these items to others enables you to do a good deed, as you'll be able to provide something useful to someone who wants it at no charge.
3. Start with a single trash bag
Fill up a single trash bag with clutter and see what happens – you'll be glad you did.
After you fill a trash bag, you'll likely find that you have many options.
This trash bag may be donated to a charitable organization, one that could use the excess items. Or, you may decide the trash bag items could be sold at a yard sale or listed online for a profit. On the other hand, if you find the trash bag items are damaged and no longer usable, you may choose to dispose of the trash bag altogether.
A gradual approach to decluttering is key, particularly for home sellers who want to alleviate stress as they prepare their residences for the real estate market. With this approach, home sellers can boost their chances of remaining calm, cool and collected as they eliminate clutter.
Lastly, if you need additional assistance with decluttering, your real estate agent may be able to lend a helping hand. This housing market professional can put you in touch with local junk removal companies that can help you eliminate clutter without delay.
Take care of clutter today, and by doing so, a home seller can move one step closer to getting the best price for his or her residence.
There are many parts and pieces that go into relocation. Finding the perfect home is, of course, an important step in the process. But once you have found a residence in your new city or town, it is crucial to consider other home-ownership factors that will affect your monthly and annual expenses. As part of your relocation preparation, research what other fees and bills you may need to pay outside of your mortgage.
If you’re moving to a new state, review the escrow process and any new, or different, closing costs that may increase the amount you’ll owe. Understand what annual property taxes will be assessed and fees you will be responsible for. Homeowners Associations may also function differently in your new city or state. Closely review all paperwork and research what costs are normal for the area. Know what your requirements are as a homeowner, so you don’t agree to anything outside the norm or incur fees from not aligning to your contract.
Utility costs vary from city to city and state to state, but even within the same city, prices can be different from neighborhood to neighborhood. While you’re house hunting, include a visit to the electricity, water, gas and trash company websites that service the homes you’re considering. For electricity and water, learn what the costs are per unit, time of day and any special programs available for conservation. See what bins your new trash company offers and how much they charge per month. There might be different sizes available to you at different pricing, along with compost or yard waste bins and lower to even free rates for recycling. Your new city may also have monthly fees for general upkeep of parks, greenbelts and other public services.
When you consider the monthly mortgage payment you can afford, it’s smart to take these other costs into account. You might be able to make a mortgage payment, but a high electricity or water bill might put your monthly outgo outside your budget. It’s easy to forget about these little (or big) costs. Make your move easy and successful by planning for monthly and annual costs outside of your mortgage.
Finding the ideal home for your family's needs is no easy task, but if you stay organized and focused, the right property is sure to come along!
One of your most valuable resources in your search for a new home is an experienced real estate agent -- someone you trust and feel comfortable working with.
They'll not only set up appointments for you to visit homes in your desired price range and school district, but they'll also help keep you motivated, informed, and on track. Once you know and have shared your requirements (and "wish list") with them, your agent will be able to guide you on a path to finding the home that will best serve your needs -- both short- and longer term.
In addition to proximity to jobs, good schools, and childcare, you'll probably want to pick a location that's close to supermarkets, recreation areas, and major highways. If you have friends or family in the area, then that would also be a key consideration.
While your immediate needs are a good starting point for creating a checklist of requirements, it's also a good idea to give some thought to what you may need in the future. Plans to expand your family, possibly take care of aging parents, or adopt pets are all factors to consider when looking at prospective homes to buy.
If you have college-age children or recent graduates in the family, you might have to save room for them in your new house. Many grads need a couple more years of financial and moral support from their parents (not to mention home-cooked meals) before they're ready to venture out on their own. Houses with a finished basement, a separate in-law apartment, or even a guest cottage on the property are often well-suited for multigenerational households.
In many cases, people tend to buy a home based on their emotional reaction to it, and then justify the purchase with facts. For example, if the price was right and a particular house reminded you of your childhood home, then that combination of elements could prompt you to make an offer on the house -- assuming those childhood memories were happy!
Sometimes prospective buyers might simply love the look and feel of a neighborhood or the fact that there's a spacious, fenced-in back yard in which they can envision their children or dogs happily (and safely) playing.
According to recent surveys, today's buyers are attracted to homes that have energy efficient features, separate laundry rooms, and low-maintenance floors, counter tops, and backyard decks. Gourmet kitchens, stainless steel appliances, a farmhouse sink, a home office area, and outdoor living spaces are also popular features. Although your tastes may differ, many house hunters also like design elements such as subway tiles, hardwood floors, shaker cabinets, pendant lights, and exposed brick.
When it comes to choosing the home that you and your family will live in for the next few years, your top priorities will probably include a sufficient amount of space, plenty of convenience, and a comfortable environment in which you and your loved ones can feel safe, secure, and happy for the foreseeable future!
If you add your house to the real estate market but fail to garner buyers' attention, now may be a good time to revamp your home pricing strategy. Otherwise, your home may remain on the housing market for many weeks or months before it finally sells.
Generally, there are several factors you need to consider to determine if you have priced your residence appropriately. These factors include:
1. The Current State of the Housing Market
The demand for houses in your city or town may have far-flung effects on your property selling experience. For example, if there is significant demand for houses in your area, the real estate sector favors sellers. Or, if there is minimal demand for homes in your city or town, the real estate market favors buyers. And if you do not price your house appropriately in a seller's or buyer's market, you may struggle to stir up interest in your home.
It often helps to price your house based on the current state of the real estate market. By doing so, you can establish an initial asking price for your home that falls in line with buyers' expectations.
To assess the current state of the housing market, evaluate the prices of recently sold residences in your city or town. You should find out how long these houses were available before they sold, too. Once you have this housing market data in hand, you can determine whether a seller's or buyer's market is in place and price your house accordingly.
2. Your Home's Age and Condition
The price you originally paid for your home is unlikely to match your house's current value. Fortunately, if you evaluate your residence's age and condition, you may be better equipped than ever before to set a competitive initial asking price for your home.
Sometimes, it helps to conduct a home appraisal before you list a residence. An appraisal enables you to receive a property valuation that accounts for your house's age and condition, along with various real estate market factors. Then, you can use this valuation to determine the optimal initial asking price for your house.
3. Your Home Selling Timeline
If you are in a hurry to sell your home, you should establish an initial asking price that will grab buyers' attention. On the other hand, if you can afford to be patient during the home selling journey, you should not settle for a subpar offer to purchase your house.
When it comes to establishing a home selling timeline and determining how to price your residence, hiring a real estate agent may be beneficial. A real estate agent understands what it takes to sell a home, regardless of the current housing market's conditions. As such, he or she will work with you to ensure you can price your home competitively.
For those who want to streamline the home selling journey, it typically helps to start with a competitive initial asking price for your house. If you consider the aforementioned factors, you can boost the likelihood of pricing your home appropriately from day one of the house selling journey.