Jeremy McElwain's Blog
If you want to list your home, it generally is a good idea to address any house selling concerns right away. That way, you can alleviate these concerns before they slow down the home selling process or prevent you from accomplishing your desired home selling results.
Now, let's take a look at three common home selling concerns, as well as tips to help you resolve these issues.
1. Meeting Your Home Selling Timeline
If you want to sell your home by a specific date, it often helps to establish house selling milestones. Then, once you have these milestones in place, you can determine the steps you'll need to take to stay on track with your home selling timeline.
Of course, it typically helps to maintain flexibility relative to your home selling timeline. If you can quickly adjust your house selling timeline as needed, you may be better equipped than ever before to enjoy a seamless home selling experience.
2. Determining the Right Initial Asking Price for Your Home
How you price your residence can have major ramifications on your house selling experience. If you conduct a home appraisal, however, you can gain the insights you need to establish a competitive initial asking price for your home.
A home appraisal usually won't take long to complete, and the evaluation enables you to obtain a property valuation. Once you have this valuation, you can use it to price your residence competitively – something that could help you speed up the home selling journey.
3. Optimizing Your Home Sale Earnings
As a home seller, your goal is likely to earn as much as you can from your house sale. Yet optimizing your home sale earnings may be difficult, particularly if you fail to promote your residence effectively. But if you learn about your target buyer, you could boost the likelihood of getting the best price for your residence.
Think about your home and why a buyer may want to purchase it. Next, you can craft a home listing to highlight your house's amenities and features to the right groups of buyers.
Take a look at the local housing sector, too. If you find out how your residence stacks up against comparable houses in your city or town, you may discover innovative ways to differentiate your home from the competition. And as a result, you could reap the benefits of a fast, profitable home selling experience.
Lastly, if you require extra help during the home selling journey, don't hesitate to contact a real estate agent. This housing market professional can offer tips and recommendations to help you identify and address home selling hurdles before they get out of hand. Best of all, if you ever have concerns or questions at any point in the home selling journey, a real estate agent is happy to respond to them.
Want to add your house to the real estate market? Address the aforementioned home selling concerns, and you can enter the housing market with a plan in place to achieve the optimal results.
After you add your house to the real estate market, it may be only a matter of days before you receive the first offer on your residence.
Ultimately, the initial offer on your home may prove to be the best proposal for a number of reasons, including:
1. The offer matches or exceeds your expectations.
An informed home seller understands the condition of his or her house, and as such, sets realistic expectations for the home selling journey.
For a home seller, it is paramount to conduct a home appraisal before you list your residence. With this appraisal, you can learn about your residence's strengths and weaknesses and price your house accordingly.
Furthermore, a home appraisal will help you understand the true value of your home. And if you receive an initial offer that matches or surpasses your expectations, you should have no trouble accepting the proposal and moving forward with a home sale.
2. The offer corresponds to the current state of the real estate market.
Operating in a buyer's market is far different from operating in a seller's market, and perhaps it is easy to understand why.
In a buyer's market, there is an abundance of high-quality houses and a shortage of property buyers. This means a buyer's market typically favors property buyers over property sellers.
On the other hand, a seller's market usually favors property sellers. This market includes many property buyers and a shortage of top-notch houses. Thus, the likelihood of receiving a terrific first offer may increase in a seller's market and decrease in a buyer's market.
As a home seller, it is essential to allocate the necessary time and resources to learn about the housing market. If you understand the differences between a buyer's market and a seller's market, you can identify a great initial offer on your house.
3. The offer is a must-accept in the eyes of your real estate agent.
When it comes to selling a house, it often is a wonderful idea to work with a real estate agent. In fact, this housing market professional may prove to be a difference-maker at each stage of the home selling journey.
A real estate agent will help you list your residence, promote it to potential homebuyers and set up home showings and open houses. That way, he or she can make it easy for you to generate substantial interest in your residence as soon as it becomes available.
Perhaps most important, a real estate agent is happy to provide honest, unbiased home selling recommendations. This housing market professional will help you differentiate between a mediocre initial offer and a stellar one and ensure you can make informed home selling decisions.
Lastly, be sure to analyze the initial offer on your home closely before you accept it. By taking a diligent approach to this home proposal, you can evaluate the pros and cons of it and make the best possible decision based on your individual needs.
No two houses are exactly the same. Much in the same vein, there is no one-size-fits-all solution to ensure a home seller can get the best price for his or her residence. However, there are several things that a seller can do to boost the likelihood of enjoying a profitable house selling experience, such as:
1. Improve Your Home's Curb Appeal
Upgrade your house's curb appeal before you list your residence – you will be happy you did. Because if your home boasts an awe-inspiring exterior, your residence could stir up lots of interest from buyers as soon as it becomes available.
It generally won't take long for a seller to upgrade his or her home's curb appeal. For example, mowing the lawn, trimming the hedges and performing other lawn care tasks enables a seller to quickly improve his or her residence's curb appeal. In some instances, repairing cracked or damaged home siding may be necessary, too.
If you require additional assistance with home exterior upgrades or repairs, contractors are available in cities and towns nationwide. These professionals can take the guesswork out of home exterior improvement projects and help you bolster your residence's curb appeal in no time at all.
2. Eliminate Clutter
If your home is filled with a large collection of antiques, artwork and various personal belongings, you may want to put these items in storage. That way, you can show off the true size of your residence's interior to potential buyers – something that may lead to a quick house sale.
Of course, if you want to get rid of assorted clutter, you can always host a yard sale or list items online. You may be able to give your unwanted items to family members or friends or donate them to charity as well.
As you remove clutter from your home, it also may be beneficial to clean each room of your residence. Then, your home's interior can capture buyers' attention for all the right reasons.
3. Hire a Real Estate Agent
If you want to get the best price for your home, it typically is a good idea to hire a real estate agent. This housing market expert can offer tips and recommendations to help you enhance your residence's interior and exterior before you list your home. Plus, a real estate agent will help you identify and address home selling hurdles.
Furthermore, a real estate agent allocates time and resources to educate a seller about the house selling journey. And if you ever have concerns or questions about selling your house, a real estate agent can address them right away.
For individuals who want to maximize their home sale earnings, it helps to know what to expect after you list your residence. By using the aforementioned tips, a seller can prepare his or her residence for the housing market. And as a result, this individual may be better equipped than ever before to get the best price for his or her home.
Selling a house sometimes can be complicated. But if you understand the home selling journey, you may be better equipped than other sellers to avoid potential pitfalls.
Now, let's take a look at three tips to help you simplify the home selling journey.
1. Analyze the Local Housing Market
The age and condition of your home may have far-flung effects on how much a buyer is willing to pay to acquire your residence. At the same time, the local real estate sector can have major ramifications on your property selling experience.
A home seller who analyzes the local housing market can identify real estate patterns and trends. Then, this seller can use housing market data to establish a competitive initial asking price for his or her residence – something that may lead to a quick, seamless home selling experience.
Don't forget to review the prices of recently sold houses in your city or town too. By doing so, you can see how your home compares to these residences and price your house accordingly.
2. Assess Your Home
If you've maintained your home over the years, you may be in a good position to maximize your house sale earnings. On the other hand, if your home requires repairs, there may be no time like the present to complete property improvements.
Oftentimes, it is beneficial to conduct a home inspection and appraisal prior to listing a residence. During a home inspection, a property expert will examine your residence and offer insights into any underlying property issues. Meanwhile, during an appraisal, a property expert will craft a property valuation based on your residence and various housing market factors.
3. Hire a Real Estate Agent
If you're unsure about how to navigate the home selling process, you may want to hire a real estate agent. That way, you'll have a home selling expert at your side to help you identify and eliminate assorted property selling hurdles.
A real estate agent understands what it takes to sell a home, regardless of the current housing market's conditions. He or she first will meet with you and help you create a property selling strategy. Next, a real estate agent will set up home showings and open house events to promote your residence to prospective buyers. And if you receive an offer to purchase your house, a real estate agent will provide recommendations and suggestions about how to proceed with this proposal.
In addition, a real estate agent will go above and beyond the call of duty to ensure you can get the best price for your house. He or she is ready to negotiate with a buyer's agent on your behalf, and as a result, can help you optimize your home sale earnings.
When it comes to selling a home, complications may arise. Fortunately, the aforementioned tips can help you streamline the home selling process and ensure you can enjoy a fast, profitable property selling experience.
If you intend to sell your house, you'll need to put together an engaging home listing. By doing so, you can increase the likelihood that homebuyers will want to check out your residence in-person – something that eventually may lead to a home sale.
It is important to do everything possible to differentiate your home listing from others. This will boost your chances of a fast home sale, along with raise the possibility of receiving a home offer that matches or exceeds your initial expectations.
Ultimately, there are several things that separate an ordinary home listing from an exceptional one, and these include:
1. Home Location
All home listings include details about a home's address. However, only the best home listings highlight information about where a residence is located relative to popular landmarks and attractions.
For example, if your house is located near some of the state's top schools, you may want to include information in your home listing about your home's proximity to these high-quality schools. With this information, your home listing may stand out to parents.
On the other hand, if your residence is just minutes from an amusement park, gym or other popular local attractions, you should include this information in your listing as well.
2. Home Upgrades
If you upgraded your house's heating system or installed new windows only a few years ago, it may be worthwhile to incorporate this information into your home listing.
Remember, as a home seller, you'll want to provide homebuyers with as much information about your residence as you can. And if you include details about assorted home upgrades, you can show homebuyers that you've allocated significant time and resources to improve your residence.
3. Home Photographs
When it comes to home photographs, there is no need to settle for "basic" pictures. Instead, a home seller should look carefully at home photographs and incorporate only those that showcase the true beauty of a residence into a home listing.
In many instances, a homebuyer will examine home photographs before he or she decides whether to continue to read a home listing. If a homebuyer is turned off by home photos that make a residence look small or cramped, he or she may move on to other home listings.
For home sellers, it is paramount to clean and declutter a house before you take photos of it. This will ensure your residence looks pristine both inside and out and guarantees that your home photos can make a distinct impression on homebuyers who view your home listing.
Lastly, if you need help preparing a home listing, a real estate agent can provide expert assistance. This housing market professional can collaborate with you as you put together a home listing and offer plenty of tips and recommendations along the way.
Take the guesswork out of crafting an effective home listing – consider the aforementioned home listing items, and you can create a home listing that helps you stir up significant interest in your residence.