Our Real Estate Blog
The first time you sell a home, you're in entirely new territory. You may think you know what's what because, after all, you once bought a house, what's different now? Everything, actually!
Know the basics
The simple stuff from the buyer's point of view is not the same for the seller. Here are some notable missteps to avoid.
- Don't use a buyer's agent to sell your home. Many agents specialize as either a buyer's agent or a listing agent. While the buyer's agent looks at a house from the purchasing point of view, a selling agent works on your behalf to market your home on multiple channels and through personal contacts.
- Don't take your pictures yourself. The MLS images typically follow a pattern that includes specialized lenses and panoramic views, so let the pros handle it. And, it's usually included in your marketing plan so that it won't cost you anything extra.
- Don’t skimp on staging. If your agent suggests staging it's because she knows the market and the potential buyers. While many home stagers will use your furniture where they can, allowing them to see your home with a critical eye is useful for seeing what sellers need to see.
- Don't hang around. You want to hover, be handy to answer questions, listen to what they say. But that makes the buyer uncomfortable. If someone is purchasing your home, they need to be free to express whatever they want to their agent without worrying that they might offend you. After all, it's not really about you; it's about them.
- Don't be offended by a lower-than-expected offer. When a buyer offers a low-ball price again, it's not about you or even your home. It is about what they can afford or for what they qualify. Or, they may just come from a family that haggles. So work out a plan with your agent ahead of time about how to handle those extra low offers.
- Do have a contingency plan. If the buyer must move in before you're ready to move on to your new home, have a plan in place for temporary housing. You don't want to lose the sale because you weren't ready when the buyer was.
- Do learn about all the closing costs and who is expected to pay what. Remember that you’ll have utility bills, insurance, warranties, and any repairs the buyer requests after the inspection.
Most of all, trust the professionals. You’re hiring them for their real estate expertise, so use it.
Looking to add your home to the real estate market? Ultimately, you'll want to do everything you can to maximize the value of your residence.
For home sellers, getting the best price for a residence may seem virtually impossible at times. Fortunately, we're here to help you plan ahead so you can get the best price for your house as soon as it hits the market.
Now, let's take a look at three tips to help you optimize the value of your residence, regardless of the current real estate market's conditions.
1. Examine the Housing Market
When it comes to the real estate market, it is important to understand how your residence stacks up against the competition.
Collect housing market data to learn about the real estate sector. Then, you can establish a "competitive" price for your home and boost your chances of a quick home sale.
Typically, home sellers should look at the prices of currently available residences in their cities and towns. This will enable home sellers to understand the local real estate market and establish a price range for houses that are similar to their own.
Don't forget to review the prices of recently sold houses as well. With this housing market data in hand, home sellers can find out whether they are about to enter a seller's or buyer's market.
2. Complete a Home Appraisal
Let's face it – what your home is worth today is unlikely to match what you initially paid for your residence. If you have completed a wide range of home upgrades over the years, the value of your residence may have increased. Or, if you failed to maintain your house's interior and exterior, your residence's value may have fallen.
A home appraisal will enable you to learn about your house's strengths and weaknesses. This assessment is performed by a professional property inspector who will take a close look at your house's interior and exterior. After the assessment is finished, the property inspector will provide you with a report that can help you price your house appropriately.
If you want to boost your home's value after a home appraisal, you can always complete various home interior and exterior improvement projects. That way, you can enhance your house both inside and out and move closer to maximizing the value of your home.
3. Consult with a Real Estate Agent
A real estate agent is a difference-maker for home sellers, and for good reason. This housing market professional will do everything possible to help you prep your house and ensure you can receive the best price for it – without exception.
Usually, a real estate agent will set up home showings and open houses, negotiate with homebuyers on your behalf and much more. He or she will even provide honest, unbiased home selling recommendations to ensure you can streamline the home selling journey.
Don't leave anything to chance as you get ready to add your house to the real estate market. Use these tips, and you should have no trouble getting the best price for your house.
125 PINEY ROAD, Barnstable, MA 02635
125 PINEY ROAD, Barnstable, MA 02635
Before you list your residence, you'll want to consider your home selling price closely. By doing so, you can improve your chances of generating significant interest in your home without sacrificing any potential profits.
Ultimately, finding the best home selling price can be quick and easy – here are three tips to help you do just that.
1. Perform a Real Estate Market Analysis
Evaluate how your house stacks up against the competition by performing a real estate market analysis. This will enable you to collect a broad assortment of housing market data and set an aggressive price for your house based on the current real estate sector's conditions.
As part of a real estate market analysis, take a look at the prices of local houses that are similar to your own. This will help you establish a price range for residences in your city or town.
Also, check out the prices of recently sold homes in your region. This housing market information will help you differentiate between a buyer's market and a seller's market and ensure you can price your residence appropriately.
2. Get Your Home Appraised
A home appraisal offers many benefits for a home seller that extend beyond establishing the best home selling price.
During a home appraisal, a property inspector will examine a residence both inside and out. Then, he or she will offer an inspection report that outlines a house's strengths and weaknesses as well as the present value of a house.
When it comes to figuring out the best home selling price, a home appraisal is ideal. This appraisal will make it easy for you to establish a competitive price for your home from the get-go. Plus, it may help you uncover innovative ways to improve the condition of your house before you add your residence to the real estate market.
3. Consult with a Real Estate Agent
Although a home seller may conduct a comprehensive real estate market analysis and receive a home appraisal as he or she evaluates the best home selling price, nothing beats working with a real estate agent. In fact, a real estate agent is happy to provide expert home selling assistance and ensure that you can get the best results possible at each stage of the home selling journey.
A real estate agent will learn about your home selling goals and help you map out the home selling journey accordingly.
For example, if you're in a hurry to sell your house, a real estate agent can help you set an aggressive price that results in a quick home sale. On the other hand, if you're dedicated to maximizing the value for your residence, a real estate agent will make it simple to optimize your home selling profit.
With a real estate agent at your side, establishing the best home selling price should be no trouble at all. This housing market professional will go above and beyond the call of duty to support your home selling goals and guarantee that you can enjoy a seamless home selling experience.