BLINK Realty Group's Blog
If you intend to sell your house, it pays to get expert support throughout the home selling journey. In fact, if you hire a real estate agent, you can put various home selling myths to rest.
Ultimately, there are many home selling myths that you may hear before you list your house. If you take these myths to heart, you may struggle to prepare for the home selling process.
Let's take a look at three common home selling myths, and the problems associated with these myths.
1. Selling a house is a quick, seamless process.
The process of selling a house often can be long and complicated, particularly for a first-time home seller. Fortunately, if you hire a real estate agent, you can reduce the risk of encountering home selling hurdles.
A real estate agent will learn about you and your home selling goals. Then, this housing market professional will offer recommendations about how to promote your residence to the right groups of buyers and maximize your house's value.
Furthermore, a real estate agent is available to respond to questions at each stage of the home selling journey. He or she will guide you along each stage of this journey, and as such, help you identify and resolve problems before they escalate.
2. What you originally paid for your house matches what it is worth today.
The real estate market fluctuates constantly. Thus, what you initially paid for your house is unlikely to match what your residence is worth today.
A real estate agent can help you evaluate housing market data to better understand how your residence stacks up against the competition. That way, you'll be better equipped than ever before to establish a competitive price for your residence.
Also, a real estate agent may recommend that you complete a home appraisal. This appraisal will enable you to receive a property valuation to help you determine the optimal initial asking price for your home.
3. There is no need to make home improvements, because a buyer will make home upgrades after finalizing a purchase.
When it comes to selling a house, it pays to go above and beyond the call of duty. Therefore, if you complete myriad home improvements before listing your house, you can increase the likelihood that your home will stand out to potential buyers.
Take some time to examine your residence both inside and out. If you identify any major problems, you should fix these issues immediately. Because if you fail to do so, you may miss out on opportunities to stir up interest in your house.
A real estate agent generally can provide recommendations about home upgrades. This housing market professional may even be able to put you in touch with the best local contractors who can help you upgrade your residence in no time at all.
Don't fall victim to the aforementioned home selling myths. Instead, work with a real estate agent, and you can get the help you need to quickly and effortlessly navigate the home selling cycle.
Selling a home is a big decision with far-flung ramifications. If you're on the fence about selling your house, there is no need to wait. In fact, there are many reasons why now may be the right time to list your residence, and these include:
1. You can upgrade or downgrade.
Although your current home has served you well for many years, now may be a good time for a change. Fortunately, you can sell your residence and move into a bigger or smaller home that will suit you perfectly.
It often won't take long to transition from one home to another. In many instances, individuals simultaneously sell their current house and search for a new home. This generally enables an individual to seamlessly relocate from his or her current house to a bigger or smaller residence.
2. You can move closer to family members and friends.
If you find your current home is far away from family members and friends, don't stress. For those who sell a home, it may be only a matter of time before you can enjoy convenient access to loved ones.
By selling your current home, you can explore houses in cities and towns where your loved ones reside. Then, if you purchase a house close to family members and friends, you can visit these loved ones without having to worry about a long commute.
3. You can receive plenty of support throughout the home selling journey.
Listing a home may seem virtually impossible, particularly for someone who previously has never embarked on the property selling journey. Lucky for you, help is available to ensure you can quickly and effortlessly sell your home and maximize its value.
Working with a real estate agent typically is a good idea for first-time and experienced home sellers alike. With a real estate agent at your side, you can get the assistance you need to achieve your property selling goals.
A real estate agent understands the assorted pitfalls that a home seller may encounter. As such, he or she works with a home seller to help this individual address potential problems before they escalate. A real estate agent will collaborate with a property seller to craft a house selling strategy. Next, a real estate agent will put this plan into action and do everything possible to promote a house to prospective buyers. And if a seller receives an offer to purchase, a real estate agent will help this individual review his or her options and determine how to proceed.
In addition, a real estate agent provides a housing market resource unlike any other. He or she is available to respond to a seller's concerns and questions. Plus, a real estate agent is happy to provide home selling recommendations.
Take the guesswork out of selling your home – hire a real estate agent, and you can receive extensive support as you navigate the property selling journey.
Let's face it – selling a home in a buyer's market is far from ideal. In this scenario, a home seller likely will compete with many property sellers to promote his or her residence. And despite a home seller's best efforts, there are no guarantees that he or she will be able to maximize the value of a residence.
A buyer's market often is a dream come true for property buyers and a worst nightmare for property sellers. Lucky for you, we're here to help you navigate a buyer's market and ensure you can get the best price for your home.
Now, let's take a look at three tips that every home seller who is operating in a buyer's market needs to know.
1. Complete a Home Appraisal
A home appraisal offers a valuable opportunity for a home seller because it enables this individual to identify a property's strengths and weaknesses. That way, a home seller can find the best ways to enhance a residence and help it stand out from other available properties.
Typically, a home appraiser will inspect a residence both inside and out. After the evaluation is completed, the home appraiser will provide a home seller with a report that describes problem areas that were identified during the assessment.
A home appraisal report can make a world of difference for a home seller, particularly in a buyer's market. With this report in hand, a home seller can work toward enhancing a house's interior and exterior.
2. Establish a Competitive Price for Your Residence
What you paid for your home a few years is unlikely to match the value of your house today. Meanwhile, a home seller should set a competitive price for a residence to ensure that his or her house stirs up plenty of interest from homebuyers.
To determine a competitive price, examine the prices of comparable homes that are currently available in your area. This will help you establish a price range for houses similar to your own.
Furthermore, check out the prices of recently sold homes in your city or town. This housing market data can help you make an informed decision about how to price your residence.
3. Work with an Experienced Real Estate Agent
An experienced real estate agent is unafraid to list a home in a buyer's market. In fact, this housing market professional knows exactly what it takes to sell a residence in any real estate market, at any time.
Thanks to an experienced real estate agent, you can streamline the home selling process. This real estate professional will showcase your house to the right groups of property buyers consistently. He or she also will set up home showings and open houses, negotiate with property buyers on your behalf and do everything possible to help you optimize the value of your residence.
Take the guesswork out of selling a home in a buyer's market. Use these tips, and you can keep things simple as you sell your residence.
A home listing presents a valuable opportunity. If you allocate time and resources to craft an engaging and informative listing, you could differentiate your house from the competition. Perhaps most important, your listing could help you speed up the home selling process.
There are many things you can do to help your house listing stand out to buyers, such as:
1. Include High-Resolution Photos of Your Home
Incorporate high-resolution photos of your home into your listing – you will be happy you did. If you use photos to show off your home's true beauty, buyers may instantly fall in love with your residence.
Before you take photos of your home, you should clean as much as possible. That way, you can show buyers your house's full potential.
Also, if you require additional assistance, you can always hire a real estate photographer. This professional can help you capture first-rate images of your house that you can immediately integrate into your listing.
2. Provide Accurate Information About Your Home
There is no need to stretch the truth in your house listing. In fact, those who fail to provide accurate details about a home in a listing may encounter problems that ultimately slow down the house selling cycle.
Learn as much as you can about your home, and leverage the information at your disposal to highlight your house's features in your listing. Then, you can use your listing to teach a buyer about your residence.
3. Be Clear and Concise
Jargon is problematic in many home listings. If your house listing includes assorted terms and phrases that are tough to understand, your listing may alienate potential buyers.
As you craft a home listing, try to be as clear and concise as possible. You should strive to be objective in your house listing, too. And if you are unsure if your listing is easy to read, you may want to have a friend or family member check it out and provide feedback.
For those who strive to seamlessly navigate the house selling journey, you may want to hire a real estate agent. This housing market professional can help you craft an effective home listing, as well as overcome myriad challenges during the home selling journey.
A real estate agent understands home selling challenges and can help you prepare accordingly. Thus, if you are unsure about how to price your home, a real estate agent can help you establish a competitive initial asking price for your residence. On the other hand, if you are uncertain about whether to accept a buyer's offer to purchase, a real estate agent can provide a recommendation about how to proceed.
As you prepare for the home selling journey, you should try to distinguish your house listing from all others. If you take advantage of the aforementioned tips, you could produce a home listing that garners buyers' attention. And as a result, you could accelerate the home selling journey.
Adding a house to the real estate market should be simple. However, a home seller must consider various factors before listing a home, or risks missing out on opportunities to stir up interest from potential homebuyers.
Some of the top factors to consider before you list a residence include:
1. Your Home's Interior and Exterior
Ultimately, your home only gets one chance to make a positive first impression on homebuyers. If a home seller dedicates the necessary time and resources to update a house's interior and exterior, he or she may be able to increase the likelihood of a quick home sale.
To improve a house's interior, it is important to declutter as much as possible. Remove any non-essential items from a home; these items can be sold at a garage sale or online or put into a storage unit until a home sells.
Furthermore, to enhance a home's exterior, a home seller should mow the front lawn, trim the hedges and perform assorted home exterior maintenance projects. With a dazzling home exterior, a home seller can help his or her residence stand out from other available houses.
2. The Local Housing Market
How does your home stack up against the competition? Study the local housing market closely, and you should have no trouble establishing a competitive price for your home.
Examine the prices of available residences that are similar to your own. Also, take a look at the prices of recently sold houses in your city or town. With this housing market data in hand, you can understand whether you're preparing to operate in a buyer's or seller's market and price your residence appropriately.
3. Home Appraisal Results
When it comes to getting a home ready for the real estate market, it never hurts to conduct a home appraisal.
During a home appraisal, a property inspector will assess a house's condition. After the appraisal is finished, this inspector will provide a homeowner with a copy of a home appraisal report.
A home appraisal report offers valuable insights into a home's condition and enables a home seller to prioritize myriad home improvement projects. As such, the report may help a home seller find ways to enhance a residence before he or she adds it to the real estate market.
Lastly, if you're looking to list a house in the foreseeable future, working with a real estate agent is key.
A real estate agent is happy to help you prep your residence for the housing market. He or she will offer honest, unbiased home selling recommendations and ensure you can upgrade your house as needed. Plus, this housing market professional will set up home showings and open houses, negotiate with homebuyers on your behalf and do whatever it takes to help you sell your residence.
Get your house ready for the real estate market – consider the aforementioned factors, and you can transform an ordinary residence into an awe-inspiring home.