Nicole Marks' Blog
With a home selling roadmap in place, you should have no trouble getting the best price for your house. Now, you just need to figure out what to include in this roadmap.
Lucky for you, we're here to help you craft a home selling roadmap that will ensure you can quickly and effortlessly sell your house.
Let's take a look at three must-have items to consider as you create your home selling roadmap.
1. Home Price
Ultimately, it is your duty as a home seller to establish a competitive initial home asking price. Doing so, however, may prove to be exceedingly difficult, particularly for those who are selling a house for the first time.
The real estate market fluctuates constantly and can affect home values in cities and towns nationwide. Meanwhile, the age and condition of your house likely will impact your residence's value as well.
To determine a competitive price for your house, it generally helps to conduct a home appraisal. This assessment will enable you to receive a property valuation from an expert home appraiser.
Also, you may want to complete a home inspection. Because if you perform a home inspection, you can identify any underlying home problems and correct these issues before you list your house.
2. The Buyer's Perspective
How will buyers perceive your house when they see it for the first time? It is essential to consider the buyer's perspective as you create your home selling roadmap, and doing so may enable you to identify home improvement opportunities.
For example, if your house's front lawn is covered in tall grass and weeds, you may want to perform lots of lawn care and maintenance. Mowing the front lawn sometimes can be tough, but performing this task will enable you to instantly enhance your house's curb appeal. Thus, when homebuyers see your home's pristine front lawn, they may be more likely than ever before to set up a showing.
3. How You'll Promote Your House
Showcasing your house to prospective buyers can be challenging. Luckily, real estate agents are available to help you promote your house to the right groups of buyers.
Typically, a real estate agent will learn about your home selling goals. This housing market professional then will help you put together a home selling roadmap, one that ensures you can stir up plenty of interest in your home as soon as it becomes available.
A real estate agent also is happy to provide assistance as you proceed along the home selling journey. He or she will set up home showings and open house events, help you review home offers and negotiate with a buyer's agent on your behalf. And if you ever have home selling concerns, a real estate agent will listen to them and respond accordingly.
Ready to add your residence to the housing market? Consider the aforementioned items as you develop your home selling roadmap, and you can boost the likelihood of a successful home selling experience.
Whether you're looking for your first house or getting ready to relocate for the fifth time, house hunting can wear you down after a while!
Not only can it be difficult to coordinate real estate appointments with work obligations and the demands of parenthood, but your stress level is compounded if you're on any kind of time table or deadline.
The secret to survival is to maintain a positive attitude, do your best to remain solution oriented, and work with a proactive real estate agent. A seasoned real estate agent who is familiar with the local market and is skilled at matching client needs to available housing inventory in the area can be your most valuable resource.
Know What You Want
One of the primary ways you can help your agent find your ideal home is to give a lot of thought to exactly what you want. When you're clear in your own mind about what would satisfy you, in terms of location, architectural style, and property size, then it will be a lot easier to refine your search and stay on target. Not only will that help your real estate agent match your specifications to available listings, but it will also help you recognize your ideal house when you see it.
A good starting point is to have a checklist of priorities, essential property features, and preferences that are important to you, your spouse, and your children. Deciding on must-have features as early in the process as possible can provide you with needed focus and momentum as you compare houses and view real estate listings. Although nothing is "carved in stone" and you can always revise your priority list, it can be a valuable tool for both you and your agent.
While everyone has different needs and wish lists, items to give some thought to may include a finished basement, a working fireplace, a two-car garage, a patio or deck, a screened in porch, a spacious back yard, a storage shed, outdoor security lighting, a sufficient number of bedrooms and bathrooms to accommodate your immediate family and overnight guests, an abundance of storage space, short commutes to work, and proximity to shopping, essential services, and a well-rated school district.
Some couples have specific architectural styles in mind when they go house hunting, such as Colonial, Contemporary, Craftsman, Tudor, Victorian, and Art Deco. It's also helpful to have a clear idea, and hopefully be in agreement with your partner, about how much decorating, renovating, and fixing up you're willing, ready, and able to do. Knowing how much privacy you must have, the peace and quiet you expect, and the recreational facilities you want access to are other key elements of "the big picture."
Although the biggest hurdle may be staying motivated and optimistic in the face of temporary setbacks and discouragements, when you have a clear idea of what you want and an attitude of positive expectation, you'll be surprised at what you can accomplish!
For the most part, it’s safe to say we all know to come prepared when buying an older home. But did you know that the buying process of a new construction home comes with its own quirks? The customization and relationship with the builder through the process makes for a unique experience when buying a new construction home.
Here’s what you need to know:
Some developments have site registration policies. This means that they require you to come with your agent for at least the first couple visits. Don’t be caught off guard. When planning your viewings be prepared to work with your agent's schedule as well as your own.
Instead of asking to lower the cost ask when negotiating ask the builder to pay closing costs or to include upgrades. You’ll have an easier time getting a yes to these requests as builders don’t like to lower costs and gain a reputation for doing so in the process.
New construction homes aren’t a final product when purchasing. Because of this, it’s critical to get details on paper to protect yourself during the buying process. Details to include are how the home will be finished, any and all timelines, and what will happen if, for whatever reason, the home is not finished in time. Get all of this in writing to create a binding contract.
Ask questions! When touring the model house be sure to ask what comes standard and what is an upgrade. Get costs of upgrades that catch your eye so that you can plan your budget. When planning this budget you will also want to leave wiggle room as this will be a quote and not final cost. Your agent can help you create a list of common features that are standard and/or upgradable as well as ballpark costs.
Budget Tip: When deciding on upgrades know which are easier to have done during construction. Prioritize those over those that can easily be done after. Think upgrades that include wiring or getting into walls and ceiling for whatever reason.
New construction homes often come with a warranty. It’s important to know what this covers and what it doesn’t. Understand your cancellation rights and hire a real estate lawyer to review contracts and any important documents.
Research the builder and if possible talk to other residents in the neighborhood. Ask them about their experience both during the buying process and living in the development afterward.
One thing that often catches home buyers off guard is when the builder requires you to get pre-approved by their lender even if you use your own lender. This is to safeguard themselves by ensuring you pass their lenders requirements for a safe investment. It’s also important to keep in mind that you may even get better rates and fees from the builder's lender.
If you intend to sell your house, it generally helps to allocate time and resources to improve your home's condition. That way, you can impress potential buyers as soon as they see your residence.
Now, let's take a look at three tips to ensure you can bolster your house's condition before you list your home.
1. Install Energy-Efficient Fixtures
Updating fixtures usually is quick and easy. Plus, if you install energy-efficient fixtures, you may be able to reduce your home energy consumption while you sell your house.
Energy-efficient fixtures use a fraction of the energy of traditional fixtures. Meanwhile, energy-efficient fixtures may prove to be a key differentiator for your house, one that is sure to garner homebuyers' attention.
2. Revamp Your Bathroom
Believe it or not, the appearance of your bathroom can make a world of difference in the eyes of homebuyers. If your bathroom looks modern and beautiful, it may help your house stand out to potential buyers. Conversely, if your bathroom appears small and outdated, it is unlikely to do you any favors as you try to sell your house.
To renovate your bathroom, you may want to replace the vanity, old plumbing and lighting fixtures. In addition, it may be beneficial to install a new tile floor that will help you transform your bathroom from drab to fab.
It also is important to keep in mind that bathroom renovations may prove to be less expensive than renovations in other areas of your house. Thus, if you complete assorted bathroom renovations, you may be able to increase your house's value without a significant time and resource investment.
3. Enhance Your Lawn
If you've failed to maintain your lawn over the years, there is no need to worry. In fact, you can replace patchy weeds and grass with fresh new sod to improve your house's condition and curb appeal.
Oftentimes, you can perform lawn care and maintenance on your own. But if you want expert help, you can always hire a professional landscaping company. Because with a team of professional landscapers at your side, you can quickly and effortlessly enhance your lawn.
For home sellers who want extra assistance as they get ready to list their houses, real estate agents are available to provide expert support as well.
A real estate agent understands the challenges associated with selling a house and can help a seller identify and address such issues. Furthermore, a real estate agent will provide a home seller with recommendations and suggestions about how to improve a house's condition.
Perhaps best of all, a real estate agent will offer assistance at each stage of the home selling journey. From the moment a house is listed to closing day, a real estate agent will do whatever it takes to guide a seller along the home selling process.
Ready to add your house to the real estate market? Use the aforementioned tips, and you should have no trouble beating the home selling competition thanks to the condition of your house.
If a seller approves your offer to purchase his or her house, conducting a home inspection likely will be the next step of the property buying cycle. Although you may have the option to forgo a house inspection, you should not avoid this evaluation. Because if you forgo a home inspection, you may wind up purchasing a house that fails to meet your expectations.
Ultimately, there are many reasons to perform a house inspection before you finalize a home purchase, and these reasons include:
1. You can gain deep insights into a house's condition.
A home showing enables you to get an up-close look at a residence so you can determine if a residence is right for you. Meanwhile, an inspection goes one step beyond a showing, as it allows you to work with a property expert to analyze all aspects of a house.
During a home inspection, a property expert will walk through a house and analyze the residence's underlying condition. Then, this property expert will provide an inspection report that details his or her findings.
It is important to assess an inspection report closely. That way, you can learn about a home's condition and decide whether to continue with a house purchase.
2. You can review potential property repairs.
If you want to identify potential house repairs, a home inspection is key. If you conduct a home inspection, you can find out about possible property repairs, review the costs associated with them and plan accordingly.
Of course, if the costs of home repairs are significant, you may want to request a price reduction from a house seller. On the other hand, if various home repairs are simple to complete on your own, you may want to proceed with a home purchase.
3. You can make the best-possible homebuying decision.
Let's face it – buying a home may be one of the biggest decisions you will make in your lifetime. If you make a poor decision, you may suffer the consequences of your choice for an extended period of time.
Thanks to a home inspection, you can gain the insights you need to make a data-driven home purchase. Best of all, you can use a home inspection to perform a full analysis of a house and feel good about your decision to buy a residence.
As you get ready to pursue a house, you should hire a real estate agent as well. This housing market professional can help you prepare for a house inspection and complete other homebuying tasks.
For example, a real estate agent will attend a home inspection with you. And after a home inspection is finished, you and your real estate agent can review the inspection results together. Finally, your real estate agent can offer an honest, unbiased recommendation about how to proceed following a house inspection.
Ready to find and acquire your dream home? Conduct an inspection as part of the homebuying process, and you can learn about a house and determine whether a residence matches your expectations.