Cathy Lomasney's Blog
38 Sherwood Dr, Methuen, MA 01844
Looking to sell your condo? With assistance from a real estate agent, you can maximize the value of your property.
When it comes to selling a condo, hiring a real estate agent is a must. This housing market professional will set up condo showings, negotiate with condo buyers on your behalf and much more.
As a condo seller, it is important to do everything possible to get the best price for your property. And if you understand what it takes to find the right real estate agent, you may be able to streamline the condo selling journey.
Ultimately, there are many factors that condo sellers need to consider when they evaluate a real estate agent, including:
1. Condo Selling Experience
It is essential to hire a real estate agent who possesses condo selling experience. This housing market professional can take the guesswork out of selling a condo.
A real estate agent with condo selling experience will promote your residence to the right groups of property buyers. This will ensure your condo will stir up plenty of from interest from property buyers as soon as it becomes available.
Plus, a housing market professional can teach you about the real estate sector and help you plan accordingly. He or she will ensure you can avoid any potential hurdles as sell your condo too.
2. Communication Skills
Does a real estate agent go above and beyond the call of duty to stay in touch with condo sellers? If not, he or she may struggle to sell your condo.
A real estate agent should keep you informed at each stage of the condo selling journey. This housing market professional also should respond to your condo selling concerns and queries – without exception.
Perhaps most important, a real estate agent should be unafraid to be honest with you. With an honest real estate agent at your side, you can receive unbiased condo selling recommendations and make informed choices throughout the condo selling journey.
3. Client Referrals
How do past condo sellers rate a real estate agent? Ask a real estate agent for client referrals, and you can receive unparalleled insights into what it's like to work with this housing market professional.
Client referrals are great tools to help you decide whether a particular real estate agent is the best person to guide you along the condo selling journey. These referrals can provide you with insights into a real estate agent's professional demeanor and personality that you may struggle to obtain elsewhere. As a result, client referrals may prove to be exceedingly valuable to condo sellers.
If you need help selling a condo, allocate the necessary time and resources to hire a real estate agent – you'll be glad you did. Real estate agents are available nationwide and understand what it takes to sell a condo in any housing market. Therefore, working with a real estate agent may help you speed up the condo selling process and optimize the value of your property.
9 Jenkins Dr, Billerica, MA 01821
The house is perfect. Size, location and design of the home fits your personality and your lifestyle to a tee. As if to crown all of the advantages associated with the house, the neighbors are friendly, responsible and fun.
When staying away from owning a new house may be best
Each time you've stopped by the house, at least two neighbors spoke and waved a heartwarming "Hello". Not a single neighbor was guarded when you asked them about schools, shopping, social events, community organizations and worship centers in the area.
Property taxes in the new neighborhood are also good, lower or not much more than what they are where you currently live. Yet, as perfect as it seems, buying a house now is a bad choice. In fact, it may be best to postpone buying a new house if you meet one or more of the below criteria:
- You just filed bankruptcy and your disposable income is too tight for you to take on the responsibility of owning a used car or a new furniture set. If you can't keep up with payments on these smaller items, it's highly likely that you can't afford to buy a new house.
- Houses where you currently live are selling slowly. You'd take a loss of several thousand dollars, perhaps more than $25,000, if you sold your current house now.
- Interest rates are rising two to three times a year. Your credit would make it hard to secure a fixed interest mortgage. You could save $100 or more a month if you wait until interest rates lower or your credit score improves.
- In a few years, your household size will change. For example, adult children may leave home for college or may be in the process of saving enough money to buy their own house. Once your adult children move out, you'll need a smaller house.
- The environment as your job is shifting. You're not certain that you will still be with your current employer in a few weeks or months when you suspect that your current employer will do a layoff.
- Although you're going through marriage counseling, your relationship is experiencing deep challenges. You're not sure that your marriage will survive the challenges. Buy a house now and you may have one other piece of property or equity to let attorneys help split between you and your former spouse, should your relationship dissolve.
- Recent investment that you've made have squeezed your finances. For example, if you started a new business, it could take two or more years to generate enough income from your business to take on a mortgage.
A well built house last for decades. This gives you time to sharpen your financial portfolio before you buy the house that you love. As tempted as you are to punch the button and take on a hefty mortgage just so you can live in a house you want,if you buy the house before you're financially ready, you could regret the decision for years.
Stress is the elephant in the car during the house hunting process. It stays with you even after you get home from hours of walking through three to five houses in a single day. House hunting stress keeps you up at night, worrying that you will never find the perfect house.
How house hunting stress could ruin your most beloved relationships
Let house hunting stress run a muck and it could damage your closest relationships. Arguments between you and your partner or children could erupt, even migrating into other areas like social behaviors, work life balance issues and parental support.
Damage that house hunting stress causes is far reaching. Even so, you might not always know when you are experiencing the stress. Therefore, the first step in dealing with the stress is to recognize that you are developing or have already developed it. Among the house hunting stress signs are:
- Less sleep at night, including difficulty falling and staying asleep
- Headaches, particularly recurring headaches or worsening headaches if you have a habit of developing headaches
- Irritable bowels whether that manifest through constipation or diarrhea
- Unexplainable weight loss or weight gain
- Joint stiffness (stress could contribute to inflammation which can cause joint pain)
- Short patience
- Emotional eruptions
- Sadness that lingers, especially when you start telling yourself that you're sure to miss out on a great home deal
- Fears that you won't be able to afford mortgage payments on the house that you really want, the house that's located in the area that you most want to reside in
Reduce or eliminate house hunting fears as soon as you spot them. Achieving this takes an honest self-review. You could reduce or eliminate house hunting fears by:
- Admitting that you are afraid
- Writing down what it is about buying a house that scares you (i.e. mortgage payments, job uncertainty, leaving your current home)
- Letting go of the idea that you have to find the perfect house
- Opening to the practicality of buying a house that you can afford to make monthly payments on and upgrade over one to three years
- Scheduling open house visits across several days and weeks, so you're not cramming house visits into a tight time window
- Speaking with your realtor about your concerns
- Performing data analysis on houses that you want to buy
- Researching communities that you're interested in buying houses in
- Getting advice from family, friends and colleagues who have bought houses
Wiping out house hunting stress
Stress, in any form, is generally not good. Yet, stress is so common that it almost seems organic. By not telling yourself that you have to find the perfect house, you could actually shorten the time that it takes you to find a house that meets your family's needs.
Openness to compromise on certain items like kitchen cabinet color, shag or traditional carpeting and a finished or unfinished basement could reduce stress around the need to completely agree on every house amenity. This type of compromise can also reduce or soften disagreements between couples or parents and children.
In the event that you are unable to work through house hunting stress, the next step might be to postpone house shopping for a few days or weeks. Being open to the idea of expanding or upgrading your current home is another alternative. Whichever path you take, remember that houses will always be on the market. Stress and worry won't find you the right house. Neither will sleeplessness or arguing with loved ones, the very people who you may be living at the new house with.