Cory Gracie's Blog
Common sense is powerful, particularly for those who plan to sell a house in the near future. If you use common sense as you consider myriad home selling decisions, you may be better equipped than ever before to make the best-possible choices.
Now, let's look at three tips to help you take a common sense-oriented approach to selling your house.
1. Analyze Your Home
You believe you have a great home that will attract plenty of interest from potential buyers. Yet the housing market offers no guarantees. But if you analyze your residence, you can identify its strengths and weaknesses and proceed accordingly.
It may be beneficial to conduct an inspection before you list your residence. During an inspection, a property expert will review all areas of your house. You then will receive an inspection report that you can use to evaluate various home problems.
2. Perform Home Improvements
Home improvements are key, as they can help you transform property weaknesses into strengths. If you allocate time and resources to upgrade your house, you could boost the likelihood of enjoying a fast, profitable home selling experience.
Oftentimes, it helps to mow the lawn, trim the hedges and perform other home exterior upgrades to enhance your residence's curb appeal. Because if your home boasts amazing curb appeal, your residence may stand out to dozens of prospective buyers.
You should clean each room in your home, too. If your home's interior dazzles, buyers are sure to be impressed with it as soon as they walk through the front door. Perhaps most important, buyers will have no trouble envisioning what life may be like if they purchase your house.
3. Collaborate with a Real Estate Agent
As you explore ways to streamline the house selling journey, collaborating with a real estate agent may prove to be an excellent decision. A real estate agent can take the guesswork out of selling a house, and as such, help you achieve your desired results.
Generally, a real estate agent will make it simple for you to list your house. He or she also will promote your residence to potential buyers and set up home showings and open house events. Plus, a real estate agent will help you assess any offers to purchase your house and ensure you can get the best price for your residence.
Let's not forget about the guidance that a real estate agent provides as you navigate the home selling journey, either. If you are unsure about how to proceed during the home selling journey, a real estate agent can provide recommendations and suggestions. He or she can respond to your home selling concerns and queries as well.
For those who want to reap the benefits of a successful home selling journey, using common sense is ideal. Thanks to the aforementioned tips, you can navigate the house selling journey like a real estate market expert and accomplish your home selling goals.
Selling a house may prove to be a long, complicated process. Fortunately, those who craft a house selling strategy can determine the steps they will need to take to accomplish their desired results.
A home selling strategy may prove to be a must-have. Because if you enter the real estate market with a plan in place to sell your residence, you could boost the likelihood of getting the best price for your home.
Ultimately, there are several factors you need to consider as you develop a house selling strategy, and these include:
1. Your Home's Condition
For those who want to speed up the home selling journey, it generally helps to perform property upgrades. That way, you can ensure your house stands out to dozens of potential buyers.
To upgrade your home's curb appeal, you should mow the lawn, trim the hedges and repair any cracked or damaged siding. These improvements usually are simple to complete and may help you make your residence more attractive than comparable available houses.
Meanwhile, to enhance your home's interior, you should clean as much as you can. With a neat, tidy home interior, your house can make a positive impression on buyers as soon as they walk through the front door.
2. Your Initial Asking Price
The initial asking price for your home may have far-flung effects on your house selling experience. Because if your initial home asking price is too high, you risk alienating potential buyers. Worst of all, your home may linger on the real estate market for many weeks or months, and you may need to lower your residence's price to facilitate a sale.
To price your home competitively, it typically is helpful to study the local housing sector. Find out how your residence stacks up against comparable available houses in your area, and you can determine how to price your home.
You also may want to conduct a home appraisal. By doing so, you can obtain a property valuation to help you decide the optimal initial home asking price.
3. Your Home Selling Timeline
Consider how much time you have to sell your residence – you will be happy you did. If you understand your house selling timeline, you can find ways to maximize the time and resources at your disposal.
If you need to move from your current home as soon as possible, for instance, you may need to be aggressive to promote your residence to buyers. On the other hand, if you can afford to be patient, you may be able to take a wait-and-see approach to obtain the best-possible offer to purchase your residence.
Lastly, as you get set to sell your home, you may want to hire a real estate agent. This housing market professional can teach you what it takes to sell a home in any city or town. He or she will even help you craft an effective house selling strategy, thereby ensuring you can quickly and effortlessly sell your house any time you choose.
You don't need to invest tons of money in boosting the resale value of your home. All you need to improve the quality of your home is engaging in some specific renovations that will improve the overall worth of the house. You have to target the area that prospective buyers will see when inspecting the apartment. Here are the most effective ways to boost the resale value of your home:
Ensure that the main entrance and the facade are in excellent condition
The first impression matters a lot. These areas are what intending buyers will see as soon as they approach your property. You need to take note of the fact that the first moment in front of your building will affect the decision of prospective buyers whether or not to buy your property. Therefore, it is essential that you make the outward appearance of your home pleasant and attractive. Exterior light must be in an excellent working condition and also makes sure the exterior walls are painted neatly with no cracks and chips.
Make your home clean and efficient
Buyers are always impressed when they come across a house that is clean and efficient. Make sure you clean all areas of the home that need cleaning and repair all cracks in the floor and walls. Nobody will buy a house that looks as if it is falling apart. Apart from that, buyers are now looking for energy efficient homes. There are a plethora of ways to boost the energy efficiency of your home – replace the cooling and heating system with the ones that are energy efficient, reseal your windows, change to energy-efficient lighting and many more ways.
Improve the kitchen as much as you can
A functional kitchen with high-value elements goes a long way to improving the value of your home. The reason being that the kitchen element will remain will you remove the furniture and other appliances in the kitchen when packing out of the house. You should invest in energy-efficient kitchen appliances.
Do not overlook the bathroom
Once you have successfully upgraded your kitchen, the next place to consider is the bathroom. The Bathroom is the second most important place in the house that attracts the attention of intending buyers; therefore you must take care of this remarkable place as well. The idea is to keep things simple, modern, and attractive. So, try as much as possible to create a bathroom that is impeccable and offers as many features as possible for the space available.
If you have renovations and improvements to make, find a reliable general contractor to bring your home to speed.
Ready to sell your condo? Ultimately, listing a condo can be simple, particularly for condo sellers who plan ahead.
Now, let's take a look at three questions that condo owners need to consider before listing their properties.
1. What do I need to do to sell my condo?
Condo rules and regulations vary. As such, you should consult with your homeowners' association (HOA) to find out if there are any requirements related to selling your condo.
For example, an HOA may require a new property buyer to receive HOA board approval to purchase a condo in a particular community. Or, if you have outstanding condo fees, you probably will need to pay off these charges before you can sell your property.
2. How much is my condo worth?
Although your condo community likely hires landscapers to help keep your property looking great, it is important to understand that a condo's interior plays an important role in the property's value. Thus, you should allocate the necessary time and resources to upgrade your condo's interior. This will enable you to improve your condo's interior and help it stand out to property buyers, thereby increasing the likelihood of a quick condo sale.
In addition, completing a property appraisal usually is an excellent idea. A property appraiser will inspect your condo and evaluate various housing market data to help you pinpoint the value of your residence. Then, you can obtain a property valuation that can help you establish a competitive price for your condo.
3. Do I need to hire a real estate agent?
When it comes to selling a condo, it often pays to hire a real estate agent. However, it is important to note that no two real estate agents are identical, and you should try to find a real estate agent who possesses extensive condo selling expertise.
Let's face it – a condo is very different from a house. A condo owner does not have to worry about property exterior maintenance in the same way that a homeowner does. Conversely, a condo owner must follow HOA requirements; otherwise, this property owner may face steep penalties.
A real estate agent with condo selling expertise understands the pros and cons of owning a condo. Therefore, this housing market professional knows how to work with condo sellers and ensure these individuals can achieve their desired results.
Typically, a real estate agent will meet with a condo owner and learn about his or her property selling goals. After the meeting, a real estate agent will help a condo owner map out a successful condo selling journey.
Perhaps best of all, a real estate agent with condo selling expertise is ready to respond to a property seller's concerns and questions. This housing market professional also will go above and beyond the call of duty to exceed a condo seller's expectations.
Take the guesswork out of selling your condo – consider the aforementioned questions, and you can speed up the property selling process.
If you intend to sell your house, it pays to get expert support throughout the home selling journey. In fact, if you hire a real estate agent, you can put various home selling myths to rest.
Ultimately, there are many home selling myths that you may hear before you list your house. If you take these myths to heart, you may struggle to prepare for the home selling process.
Let's take a look at three common home selling myths, and the problems associated with these myths.
1. Selling a house is a quick, seamless process.
The process of selling a house often can be long and complicated, particularly for a first-time home seller. Fortunately, if you hire a real estate agent, you can reduce the risk of encountering home selling hurdles.
A real estate agent will learn about you and your home selling goals. Then, this housing market professional will offer recommendations about how to promote your residence to the right groups of buyers and maximize your house's value.
Furthermore, a real estate agent is available to respond to questions at each stage of the home selling journey. He or she will guide you along each stage of this journey, and as such, help you identify and resolve problems before they escalate.
2. What you originally paid for your house matches what it is worth today.
The real estate market fluctuates constantly. Thus, what you initially paid for your house is unlikely to match what your residence is worth today.
A real estate agent can help you evaluate housing market data to better understand how your residence stacks up against the competition. That way, you'll be better equipped than ever before to establish a competitive price for your residence.
Also, a real estate agent may recommend that you complete a home appraisal. This appraisal will enable you to receive a property valuation to help you determine the optimal initial asking price for your home.
3. There is no need to make home improvements, because a buyer will make home upgrades after finalizing a purchase.
When it comes to selling a house, it pays to go above and beyond the call of duty. Therefore, if you complete myriad home improvements before listing your house, you can increase the likelihood that your home will stand out to potential buyers.
Take some time to examine your residence both inside and out. If you identify any major problems, you should fix these issues immediately. Because if you fail to do so, you may miss out on opportunities to stir up interest in your house.
A real estate agent generally can provide recommendations about home upgrades. This housing market professional may even be able to put you in touch with the best local contractors who can help you upgrade your residence in no time at all.
Don't fall victim to the aforementioned home selling myths. Instead, work with a real estate agent, and you can get the help you need to quickly and effortlessly navigate the home selling cycle.