Cathy Lomasney's Blog
If you want to streamline the home selling journey, it usually is a good idea to develop goals. That way, you can identify any potential home selling challenges and address them before you list your residence.
Ultimately, there are many problems that may arise during the home selling journey, and these include:
1. Poor Curb Appeal
How your home looks to buyers is key. If your residence fails to impress buyers when they see it for the first time, these individuals are unlikely to schedule a house showing. As a result, your home may linger on the real estate market for an extended period of time.
Devote time and energy to improve your house's curb appeal – you will be happy you did. By mowing the lawn, removing dirt and debris from exterior walkways and performing other home exterior upgrades, you can make your home an attractive option to buyers. You may even differentiate your residence from the competition – something that may lead to a successful home selling experience.
2. Cluttered Interior
If your home is full of personal belongings, you may want to remove some of these items. By doing so, you can show buyers the full potential of your residence.
For those who want to cut down on clutter, there are many options. Oftentimes, it helps to rent a storage unit that allows you to keep your belongings safe until your residence sells. On the other hand, if you want to get rid of excess items, you can host a yard sale, list your items online or give these items to family members, friends or local charities.
3. Exorbitant Home Price
An exorbitant initial home asking price may be an instant turn-off for buyers. Fortunately, if you analyze the local housing market and your residence, you can establish a competitive initial asking price for your home.
Evaluate the prices of available homes in your area that are similar to your own. Also, you may want to conduct a house appraisal and review an appraisal report. With this information at your disposal, you can price your house competitively.
As you get set to enter the housing market, you may want to employ a real estate agent, too. This housing market professional will help you establish realistic home selling goals, as well as determine the best steps to help you achieve your aspirations.
A real estate agent is committed to a home seller's success, and he or she will do what it takes to help you thrive. If you want to sell your residence as quickly as possible, for instance, a real estate agent can help you do just that. Or, if you want to optimize your house sale earnings, a real estate agent will ensure you can get the best price for your home.
Ready to add your home to the real estate market? Develop home selling goals, and you may be better equipped than ever before to enjoy a fast, profitable house selling experience.
A home selling checklist is a must-have, regardless of whether you intend to list a single-family residence or a mansion. If you craft a home selling checklist today, you can prepare for the property selling journey. And as a result, you could boost the likelihood of enjoying a fast, profitable home selling experience.
Now, let's take a look at three factors to consider as you create a home selling checklist.
1. Your Home Selling Timeline
Think about how quickly you need to sell your house. Once you have a home selling timeline in place, you then can determine the steps you will need to take to achieve the best possible results.
Strive to maximize the time and resources at your disposal throughout the home selling journey. If you understand how much time is available, you can establish priorities and map out your time accordingly. As such, you may be better equipped than ever before to sell your home without delay.
2. Your Home's Condition
Ultimately, your home's condition will play a major role in your home selling experience. If you focus on upgrading your house's interior and exterior, you could make your residence an attractive option for buyers.
To improve your house's exterior, you should mow the lawn and perform other lawn care tasks. Complete these tasks regularly to ensure your house will dazzle buyers any time they walk or drive by it.
In addition, remove clutter from inside your house. This will allow you to showcase the full size of your residence to buyers. It will also make it simple for buyers to envision what life may be like if they purchase your home.
3. Your Initial Home Asking Price
How you price your residence may have far-flung effects on your house selling experience. If the initial asking price of your home is too high based on its condition and the current state of the real estate market, your residence may linger on the housing market for many weeks or months.
To price your house competitively, it may be beneficial to conduct a home appraisal. This allows you to receive a home valuation that you can use to determine the optimal initial asking price for your house.
Furthermore, take a look at the available houses in your city or town that are comparable to your residence. With this housing market data in hand, you can see how your residence stacks up against the competition and price it appropriately.
For those who need assistance as they put together a house selling checklist, think about hiring a real estate agent, too. This housing market professional can teach you everything you need to know about selling a home. Best of all, a real estate agent can offer insights to help you make informed home selling decisions.
Ready to list your house? Create a home selling checklist, and you can move closer to achieving your house selling goals.
The number of showings a seller needs to host varies. In some instances, a buyer may submit an offer to purchase a house following an initial showing. Or, in other cases, a seller may host dozens of showings without receiving any offers to purchase his or her house.
Ultimately, there are lots of things that a seller can do to boost the likelihood that a home showing leads to an offer to purchase his or her residence, such as:
1. Perform Home Upgrades
A faulty light in your kitchen or chipped paint on your bathroom's wall may be problematic. But if you perform home upgrades, you can complete myriad house repairs. Perhaps most important, you can address various home problems before they otherwise slow down the house selling journey.
Oftentimes, it helps to take a room-by-room approach to identify home problems. If you make a list of house issues, you can address these problems over the course of several days or weeks. Then, when your house is ready, you can add it to the real estate market and host showings.
2. Clean Your House
A neat, tidy house is sure to make a great first impression on buyers. If you devote time and resources to clean each room in your house, you could make it easy for buyers to fall in love with your residence.
Of course, if you need help with home cleaning, you can always reach out to professionals for assistance. If you employ home cleaning professionals, you can upgrade your residence's appearance in no time at all.
3. Eliminate Clutter
Antiques, paintings and other decorations may help you transform a house into a home. However, you should remove these items before you host a house showing. Because if assorted personal belongings are scattered across your residence, it may be tough for buyers to envision what life could be like if they purchase your house.
If you have lots of personal belongings, you can rent a storage unit where you can keep these items safe until your residence sells. Or, if you have excess items, you can sell these items or give them to family members or friends.
Lastly, as you get set to list your residence, you may want to hire a real estate agent. This housing market professional will offer tips and recommendations to help you get your residence show-ready.
A real estate agent understands how to promote a residence to the right groups of buyers. He or she will schedule showings on your behalf and provide feedback after buyers view your residence. Plus, if a showing results in an offer to purchase your residence, a real estate agent can offer suggestions about whether to accept, reject or counter this proposal.
If you prepare for a home showing, you could accelerate the house selling journey. Thanks to the aforementioned tips, you can get ready for any showing, as well as make your home an attractive option to buyers.
The home selling journey may be perilous, particularly for an individual who is unprepared for potential pitfalls. Fortunately, there are lots of things that you can do to quickly identify house selling hurdles and address such issues before they get out of hand.
Now, let's take a look at three tips to help you detect and resolve a wide range of home selling hurdles.
1. Make a Home Selling Plan
If you are unsure about how to navigate the house selling journey, there is no need to stress. In fact, if you craft a home selling plan, you can prepare for any challenges that you may encounter.
A home selling plan should encompass all of the steps you will need to take to sell your house. It should start with a timeline that reflects how much time you have before you need to list your home. Furthermore, your home selling plan should account for how you plan to showcase your residence to prospective buyers, along with where you plan to relocate following your house sale.
Your home selling plan should remain flexible, too. Because if you have the flexibility to adjust your home selling plan as needed, you can modify your strategy based on any house selling challenges you face.
2. Price and Promote Your House Effectively
The ideal price for one home likely varies from the perfect price for a similar residence in the same city or town. If you conduct a house appraisal, however, you can get a property valuation before you list your residence. And as a result, you may use this property valuation to establish the optimal initial asking price for your house.
Think about how you will promote your residence to buyers as well. If you devote time and energy to enhance your house's curb appeal, for example, you could boost the likelihood of generating lots of interest in your home. Meanwhile, you also can clean each room of your home to help buyers fall in love with your residence as soon as they walk through the front door.
3. Hire a Real Estate Agent
A real estate agent understands the ins and outs of the home selling journey. Therefore, he or she can help you remediate any home selling problems, regardless of their severity.
If you are uncertain about how to showcase your residence to potential buyers, for instance, a real estate agent will help you schedule home showings and open house events. On the other hand, if you are unsure about how to price your residence, a real estate agent will help you establish a competitive house asking price from day on the property selling journey.
When it comes to adding a home to the real estate market, various problems may crop up. Thanks to the aforementioned tips, you can limit potential home selling problems. Plus, you can streamline the home selling journey and increase your chances of maximizing your house sale earnings.
Selling a home should be a fast, easy process. However, challenges may arise that prevent you from quickly selling your house and maximizing your property sale earnings. And if you fail to plan ahead for the home selling journey, these challenges may get the best of you.
Ultimately, there are several things you need to know before you list your residence, such as:
1. The housing market fluctuates constantly.
The housing market in your city or town may change frequently. Fortunately, if you allocate time and resources to analyze the local housing sector, you can determine if a buyer's or seller's market is currently in place and prepare accordingly.
In a buyer's market, there may be an abundance of quality houses that sell within weeks or months of their initial listing dates. Comparatively, in a seller's market, there may be a shortage of first-rate residences, and the best houses generally will sell shortly after they are listed.
To determine if a buyer's or seller's market is in effect, you should find out how quickly houses are selling in your city or town. You also should assess how your house stacks up against comparable residences that are currently available. With this housing market data in hand, you may be better equipped than ever before to succeed during the home selling journey, regardless of the current real estate sector's conditions.
2. Your home's curb appeal may have far-flung effects on your property selling experience.
How your home looks to buyers may dictate your house selling success. For instance, if your residence boasts amazing curb appeal, it may generate lots of interest from prospective buyers. On the other hand, if your house fails to impress buyers when they see it for the first time, your residence may linger on the real estate market for an extended period of time.
For a home seller, it often is beneficial to upgrade a residence's curb appeal. Because if you mow the lawn, trim the hedges and perform other home exterior upgrades, you could differentiate your residence from other available houses. As such, you could stir up significant interest in your home.
3. Working with a real estate agent may help you speed up the house selling journey.
A real estate agent is crucial for a home seller, as this housing market professional can offer expert insights into the property selling journey. If you need help establishing a competitive initial asking price for your residence, for example, a real estate agent is ready to assist you. Or, if you want to sell your home as quickly as possible, a real estate agent can help you do just that.
As you get set to list your residence, you should plan ahead. If you start preparing for the house selling journey today, you could enter the real estate market as a property selling expert. As a result, you could reap the benefits of a quick, profitable house selling experience.