Michelle Anne Murphy's Blog
The number one factor that affects the length of time a house remains on the market is curb appeal. That's the consensus of real estate professionals across the country, and was documented in a recent study by a well-known real estate website.
So if it's such a high priority, then why do a lot of homeowners skimp on that aspect of preparing their home for a fast sale? Sometimes it's a lack of awareness; other times it may be a lack of money. In extreme cases, it can be quite pricey to transform a home from "shabby" to "exquisite!" That's an unusual scenario, though, and in most cases the cost of enhancing your home's curb appeal should be both affordable and cost effective.
Where to Begin
The ideal visual (and visceral) effect you want to achieve can be summed up in ten words: fresh, well cared for, aesthetically pleasing, manicured, meticulous, updated, and clean. Perhaps a more concise way to describe the image you want to project to potential buyers is "pride of ownership." Once you're conveying that impression, people are going to make positive assumptions about the value and condition of your home. While it's not necessary that the front of your property and home look perfect in every imaginable way, it is important to pay attention to small details and overall impressions.
Some homeowners will see this goal as an overwhelming challenge, but it doesn't have to be. The first hurdle is to take care of the basics, such as making sure your lawn always looks freshly mowed and that there's no signs of peeling or faded paint on your home and garage. Pulling weeds, placing a few colorful hanging flower baskets in strategic locations, and trimming overgrown bushes and trees are also effective ways to make your property look more desirable.
An advantage of working with a seasoned real estate agent is that they can quickly size up the outside appearance of your home, and make cost-effective suggestions of ways to improve curb appeal and increase the attractiveness of your property. When it comes to selling your house in the shortest period of time, first impressions are vitally important.
One helpful tactic for getting your house noticed by house hunters and real estate agents is to take a walk (or drive) in your neighborhood to see how your curb appeal stacks up to other homes for sale in the area. Ideally, you want your home to look at least as good, if not better, than other nearby properties. Since potential buyers may be focusing their search on specific neighborhoods, such as yours, you'll be giving yourself more of an "inside track" in the real estate market by making sure your home compares favorably to others in the immediate area -- both inside and out.
Adding a quality home to the real estate market offers no guarantees. And if you fail to set a competitive initial asking price for your residence, your home may linger on the housing market for many weeks or months. Fortunately, we're here to teach you about the real estate sector and ensure you can use your home's initial asking price to differentiate your residence from the competition.
Now, let's take a look at three tips to help you establish the right price for your house prior to listing your residence.
1. Analyze the Housing Market
The housing market is tough to navigate, particularly for a seller who wants to separate his or her residence from the crowd. Thankfully, an informed home seller can review housing market data and use this information to establish a price range for his or her house.
A home seller who assesses the real estate sector can differentiate a buyer's market from a seller's one. This seller will collect and analyze housing market data related to the prices of recently sold residences and how long these houses were listed before they sold. Then, this seller can determine whether he or she is preparing to enter a buyer's or seller's market.
2. Conduct a Home Inspection and Appraisal
Although a home inspection usually is requested by a buyer after a seller accepts an offer to purchase, it may be beneficial for a seller to conduct an inspection before listing a home. An inspection enables a seller to identify problem areas in a residence. As a result, a seller can use an inspection report to prioritize home improvement projects, complete home repairs and boost the value of his or her house.
A home appraisal also may prove to be exceedingly valuable to a seller. In fact, an appraisal provides a seller with a property valuation that he or she can use to establish a competitive initial home asking price.
3. Hire a Real Estate Agent
There is no telling how homebuyers will respond to a new house that becomes available. Lucky for you, a real estate agent can help you plan ahead to list your house and ensure you can establish a competitive price for your home from day one of the property selling journey.
A real estate agent is an expert resource that you can leverage when you sell your house. He or she can help you review housing market data from a variety of sources. Furthermore, a real estate agent can put you in touch with the top home inspectors and appraisers. Perhaps best of all, a real estate agent takes the guesswork out of pricing a house and will help you set an initial home asking price that matches buyers' expectations.
When it comes to selling your house and maximizing its value, there is no need to work alone. If you hire a real estate agent today, you can get the help you need to showcase your residence to prospective buyers and boost the likelihood of a profitable home sale.
Ready to transform your home's interior from bland to fabulous? Ultimately, how a seller approaches home interior improvement projects is important. If a seller does everything possible to upgrade a house's interior, this individual could reap the benefits of a successful property selling experience.
Now, let's take a look at three tips to help you give your residence an interior makeover.
1. Analyze the Current Condition of Your Home
Although a home inspection generally is requested by a buyer after a seller accepts an offer to purchase a house, it may be helpful for a seller to complete an inspection before listing a residence. In fact, an inspection may enable a seller to analyze the current condition of his or her residence and prioritize home interior upgrades accordingly.
Many home inspectors are available in cities and towns across the United States. If you hire a top-notch home inspector, you can receive unprecedented insights into the condition of your house and map out your home interior improvement projects.
2. Remove Clutter
Let's face it – you've accumulated a vast array of personal items over the years. These items may have served you well, but they likely take up lots of space in your home. And if you're not careful, your personal items may make it difficult for you to show off the true size of your house to potential buyers.
If you have an abundance of clutter, there is no need to stress. You can always sell excess items online or at a yard sale, or you can donate these items to a local charity. Furthermore, if you have personal items you want to keep, you can rent a storage unit to hold these belongings until your residence sells.
3. Clean Each Room of Your Home
Maintaining a neat, tidy home is essential, particularly for an individual who wants to sell his or her residence as quickly as possible. If you perform regular cleaning tasks, you can keep your house looking great for the duration of the property selling journey.
Oftentimes, it helps to make a list of daily, weekly and monthly cleaning tasks. If you stick to a regular cleaning schedule, you can ensure each room of your home will dazzle at all times.
As you look for ways to upgrade your home's interior, you may want to hire a real estate agent too. This housing market professional is happy to provide home interior improvement recommendations and suggestions. Plus, he or she can put you in touch with the best local home interior improvement professionals.
In addition, a real estate agent provides extensive guidance throughout the house selling journey. He or she will help you list your home, promote it to the right groups of potential buyers and much more. And if you have home selling concerns, a real estate agent can address them right away.
Improve your home's interior – use the aforementioned tips, and you can bolster your house's interior before you add your residence to the real estate market.
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.
Selling a home may prove to be difficult, particularly for individuals who strive to maximize their day-to-day productivity. In many instances, the time and costs associated with listing a home, promoting it to potential buyers and performing other home selling tasks can add up quickly. But if you know how to act as a productive home seller, you should have no trouble maximizing the time and resources at your disposal.
What does it take to become a productive home seller? Here are three tips to help you maximize your productivity throughout the home selling process.
1. Remove Clutter
Clutter will only slow you down during the home selling cycle. As such, you'll want to do everything you can to minimize clutter prior to listing your residence.
Artwork, photographs and other personal mementos in your home should be placed in storage until you sell your residence. That way, you can free up space in your house, as well as make it easy for homebuyers to envision what life might be like if they acquire your residence.
Also, if you have items that you no longer need, don't hesitate to sell or donate these items. And if you own items that are broken or damaged, you should dispose of these items altogether.
2. Understand the Home Selling Process
When it comes to the home selling process, it pays to be diligent. If you understand what to expect before you list your house, you'll be better prepared than ever before to handle any home selling challenges that might come your way.
Furthermore, think about the buyer's perspective during the home selling cycle – you'll be glad you did. A homebuyer wants to find a home that delivers exceptional value. As a home seller, you'll want to do whatever you can to show a buyer that your house is the ideal choice.
For home sellers, it pays to consider what you'll need to do to promote your house to the right groups of potential buyers. If you plan ahead and learn about the home selling process, you can make informed choices that may help you get the best price for your residence.
3. Collaborate with a Real Estate Agent
A real estate agent is committed to client satisfaction, and as a result, will go above and beyond the call of duty to help you maximize your productivity. This housing market professional will offer expert recommendations throughout the home selling journey to make it simple to achieve your desired results. Plus, he or she will set up home showings, keep you up to date about offers on your house and much more.
It helps to hire a real estate agent who understands the ins and outs of the housing market in your area. With this real estate agent at your side, you can quickly and effortlessly navigate the home selling cycle.
Stay productive as you sell your house – use the aforementioned tips, and you can increase the likelihood of a quick, seamless home selling experience.