Amy Uliss' Blog
If you've owned your house for a long time and are putting it on the market, take time to consider how the buying and selling process has changed. Today’s buyers are both smart and cautious. They have access to more information than was possible a decade ago. Research shows that buyers begin shopping twelve to eighteen months before they're ready to buy. Your real estate professional has inside information on the local market, they can help you navigate the new selling terrain.
Take advice to heart in these essential areas:
Choose a reasonable price. Setting the wrong price gets your market plan off on the wrong track. When it’s too high, it will sit on the market for days or weeks derailing your plans to move. You want to get the most that you can from a home sale, but the market will bear only so much. Smart shoppers already know the comparable homes recently sold and come armed with a wealth of information before making their offer. Setting the price too low can backfire too. If a buyer is not interested in rehabilitation or renovation work, they may pass over a property that is not priced competitively.
Take great photos. Most serious buyers begin their search online. If your agent suggests hiring a professional real estate photographer, it’s often worth the investment. Internet shoppers quickly pass over blurry, out-of-focus, dark, or cluttered shots. Clean the windows and take pictures with the shades and curtains wide open. Bright and inviting photos encourage the buyer to visit in person.
Staging is more than décor. Take the time to remove personal objects, family photos, and collections. Organize your furnishings to make the best use of your space. Downplay dated areas that need updating and focus on the “bones” of the home and curb appeal if the entire house requires a makeover.
Test drive the online experience. Go online yourself to see how the photos look. Upload new ones until you're satisfied. Also, check out the street view on Google or Safari Maps. If they post outdated images where curb appeal is lacking, take a similar shot, and post it instead.
Make sure you know how the buyer sees your house when you put it on the market. Modern buyers are cautious. They come armed with information. Let your agent help you address issues relating to how your house appears online.
If you plan to sell your home soon, you should learn about the local housing sector. By doing so, you can gain the insights you need to promote your residence to the right groups of buyers and optimize your home sale earnings.
Now, let's take a look at three tips to help you analyze the local housing market before you list your residence.
1. Check Out Available Houses in Your Area
For those who want to learn about the housing market, it helps to assess how your residence stacks up against other available residences. If you check out available residences in your city or town, you can gain real estate market insights to help you price your house appropriately.
If you find your home pales in comparison to other houses in your area, there is no need to worry. Remember, you can always upgrade your residence prior to adding it to the real estate market. And as a result, you can perform home repairs to ensure your house will impress buyers as soon as it becomes available.
2. Determine If the Housing Market Favors Buyers or Sellers
Differentiating a buyer's market from a seller's market is crucial. If you study the local housing market, you can determine if the real estate sector favors buyers or sellers and plan accordingly.
In a buyer's market, there may be many quality houses available that remain available for weeks or months after they are listed. Or, in a seller's market, buyers may be motivated to purchase houses as quickly as possible.
Regardless of whether you are operating in a buyer's or seller's market, it is paramount to make your home an appealing option to buyers. If you enhance your house's curb appeal, you could boost the likelihood that your home will stand out from other available residences. Plus, if your home boasts amazing curb appeal, buyers may fall in love with your residence right away.
3. Find Out What Makes Your Home Unique
Once you study the local housing sector, you can find out what makes your house unique. Then, you can craft a home listing to showcase your residence's distinct features to potential buyers.
Of course, if you need assistance as you try to promote your residence to buyers, you may want to hire a real estate agent. Because if you have a real estate agent at your side, you can get the help you need to navigate the home selling journey like a pro.
A real estate agent will teach you about the housing market in your city or town and ensure you can showcase your residence to the right groups of buyers. Best of all, a real estate agent is happy to respond to your home selling questions and help you make informed decisions as you navigate the property selling journey.
Want to learn about the local housing sector? Thanks to the aforementioned tips, you can perform an in-depth review of the housing market in your city or town and obtain the home selling insights you need to succeed.
Let's face it – clutter can be problematic, particularly for those who want to list a home in the near future. Lucky for you, we're here to help you cut down on clutter so you can add your residence to the real estate market as soon as possible.
Now, let's take a look at three tips that you can use to remove clutter before your list your residence.
1. Rent a Storage Unit
A storage unit offers a great way to protect your belongings while you sell your home. Then, once a homebuyer agrees to purchase your house, you can move your belongings from your storage unit into a new residence.
The price to rent a storage unit often varies based on the size and location of the unit. Therefore, you should shop around to find a storage unit rental that matches your budget.
Also, consider the items that you'll want to keep in a storage unit. If you find that the value of your belongings is less than the rental price of a storage unit, you may want to consider other options to declutter your residence.
2. Host a Yard Sale
A yard sale provides a wonderful opportunity to declutter your residence and earn extra cash at the same time.
Remember, one person's trash is another's treasure. Although you might no longer have a need for some belongings, these items could be valuable to the right buyer.
The best time to host a yard sale usually is a Saturday or Sunday morning. Before your yard sale, you should set up posters around your city or town to advertise your event. That way, you can stir up plenty of interest in your yard sale.
In addition, you may be able to sell items without leaving your couch. Listing some of your excess belongings online allows you to promote a broad array of items to a large audience.
3. Donate Items to Charity
If you're in a hurry to declutter, many charities may be willing to pick up household appliances, furniture and other items without delay. In some cases, you might be able to donate these items and receive a tax deduction as well.
Search for charities in your city or town and contact them directly to find out if they accept donations. Next, you can set up a date and time for a charity representative to pick up your items, or you may be able to drop off the items at a nearby location.
Decluttering your home may seem like an uphill climb, but a real estate agent may be able to provide additional assistance.
A real estate agent can evaluate your home and offer expert tips to help you declutter. As a result, you can revamp your house's interior and ensure your residence looks amazing before you add it to the housing market.
Take the guesswork out of decluttering your residence. Use the aforementioned tips, and you should have no trouble eliminating clutter from your home.
Your ultimate goal as a home seller is to make your residence as desirable as possible to potential buyers. If you transform your house into a must-buy, you could reap the benefits of a quick, profitable home selling experience.
To better understand how to enhance your residence before you list it, let's take a look at three tips to help you transform your home into a must-buy.
1. Upgrade Your House's Interior
Consider how buyers may perceive your residence as soon as they walk through your house's front door. Then, you can prioritize home interior upgrades.
By cleaning each room of your house, you can enhance your residence's interior. If you need help with home cleaning, you can always hire professionals to assist you, too.
Also, it may be beneficial to add a fresh coat of paint to the walls in your bedroom or other areas of your house. Because if you can make it easy for buyers to fall in love with your home's interior, you could speed up the property selling journey.
2. Perform Home Exterior Repairs
Curb appeal may play a key role in your home selling experience. If you residence boasts outstanding curb appeal, you may be able to differentiate your home from other available houses in your city or town.
To improve your residence's curb appeal, you may want to repair or replace any damaged home siding. In addition, mow the lawn and trim the hedges, and you can show off the true beauty of your house's lawn.
You may want to remove any lawn ornaments or decorations from outside your house as well. That way, buyers may be better equipped than ever before to envision what life may be like if they purchase your residence.
3. Eliminate Clutter
Clutter may fill up various rooms throughout your home. If you want to achieve the best-possible home selling results, now may be a great time to eliminate as much clutter as you can.
If you have items you no longer need, you can always sell these items or give them to friends, family members or local charities. On the other hand, if you have assorted personal belongings you want to keep outside your house, you can rent a storage unit.
As you get set to embark on the house selling journey, you may want to hire a real estate agent. With a real estate agent at your side, you can transform your residence into a must-buy in no time at all.
A real estate agent understands all aspects of the home selling journey. He or she will offer tips and recommendations to help you promote your residence to dozens of prospective buyers. Plus, a real estate agent is ready to respond to any of your home selling concerns and questions.
Allocate time and resources to upgrade your home, and you could generate lots of interest in your residence as soon as you list it.
For those who plan to list a house in the foreseeable future, it often is beneficial to track the real estate market. By doing so, a home seller can identify real estate market patterns and trends and quickly address any potential property selling hurdles.
Now, let's take a look at three tips to help you analyze housing market data so you can accelerate the property selling journey.
1. Review the Prices of Recently Sold Houses in Your Area
Check out the prices of recently sold houses in your city or town. That way, you can find out whether sellers are accepting offers to purchase at or above their initial home asking prices.
Furthermore, it may be a good idea to see how your house ranks against recently sold residences. With this housing market data in hand, you may be better equipped than ever before to establish a competitive initial asking price for your home.
2. Determine How Quickly Houses Are Selling
As a home seller, you should find out whether you're preparing to enter a buyer's or seller's market. If you look at how quickly houses are selling in your city or town, you can distinguish a buyer's market from a seller's one.
In a buyer's market, you will find many sellers and few buyers. Conversely, in a seller's market, there is an abundance of buyers and few sellers.
The differences between a buyer's and seller's market are significant. If you understand whether you're getting ready to sell your home in a housing market that favors buyers or sellers, you can determine how to price your residence so it will generate plenty of interest from buyers. And as a result, you may be able to streamline the home selling journey.
3. Assess the Prices of Homes That Are Similar to Your Own
Your home may be one of many available to property buyers. Thus, you should review the prices of houses in your city or town that are similar to your own. This housing market data will help you narrow the price range for your residence.
Also, you may want to review rival home sellers' property listings and see how these sellers promote their residences to prospective buyers. Because if you can find ways to differentiate your home listing from competitors', you could boost the likelihood of a successful house selling experience.
As you prepare to add your house to the real estate market, you may want to hire a real estate agent as well. A real estate agent will offer recommendations so you can enhance your residence both inside and out and help you establish a competitive initial home asking price. Plus, a real estate agent will help you review an offer to purchase your home and determine the best course of action.
Take the guesswork out of selling your house – use the aforementioned tips, and you can monitor the real estate market and use housing sector data to simplify the property selling journey.