Our Real Estate Blog
Believe it or not, selling a home may prove to be expensive if you are not careful. However, if you understand the costs associated with selling a house, you can budget accordingly.
Now, let's take a look at three expenses that home sellers commonly encounter.
1. Home Repairs
Cracked siding, floor damage and other home issues are worrisome, particularly for an individual who wants to sell his or her residence as quickly as possible. Fortunately, if you budget for home repairs, you can address these issues before you list your residence.
Oftentimes, it helps to conduct a home inspection prior to embarking on the house selling journey. A home inspection enables a property owner to gain expert insights into any underlying problems with his or her house. Then, the property owner can prioritize assorted home repairs and complete house improvements as needed.
2. Home Cleaning
A messy home is unlikely to garner buyers' attention. On the other hand, an individual who hires a professional cleaning company to improve his or her residence's appearance may be better equipped than ever before to enjoy a successful house selling experience.
Hiring a professional cleaning company may be costly. Yet if you shop around for home cleaning companies in your city or town, you can find a cleaning business that matches your budget.
Don't forget that you can clean your house on your own, too. If you purchase cleaning supplies and enlist family members and friends to help you clean your residence, you could enhance your residence's appearance without breaking your budget.
3. Home Staging
The cost of staging a house varies based on the size of a residence, the extent of the staging and other factors. But if you allocate time and resources to declutter your residence, you may be able to avoid the costs associated with house staging altogether.
To declutter your residence, you should try to remove any unwanted items from your home. You can list these items online or host a yard sale to eliminate clutter and earn extra cash. Or, you can donate your unwanted items to a local charity or give them to family members or friends.
As you get set to sell your house, you may want to hire a real estate agent as well. With a real estate agent at your side, you can cut down on your house selling expenses and get the help you need to achieve your desired results.
A real estate agent understands that each house is different, and he or she crafts a custom strategy for each home seller. Next, a real estate agent and a home seller work together to put this plan into action. And if a seller ever has concerns or questions during the house selling journey, a real estate agent is happy to respond to them.
Plan ahead for home selling costs – you will be glad you did. Because if you budget properly, you can put yourself in a great position to streamline the home selling journey.
Let's face it – selling a home may prove to be a long, arduous process, particularly for those who are listing a residence for the first time. Fortunately, we're here to help you simplify the home selling journey and ensure you can enjoy a pleasant home selling experience.
Now, let's take a look at three tips to make the home selling process quick and easy.
1. Evaluate Housing Market Data
The housing market frequently changes, and a seller's market today may transform into a buyer's market tomorrow. However, if you analyze housing market data, you can understand real estate segment trends and map out your home selling journey accordingly.
Take a look at the prices of recently sold houses in your city or town. This information can help you differentiate between a buyer's and seller's market.
Also, evaluate the prices of local houses that are similar to your own. This data will show you how your residence stacks up against the competition.
2. Hire a Home Appraiser
Although you might have received a great price for your house a few years ago, the value of your home likely has changed. As such, you should conduct a home appraisal to receive an accurate property valuation.
A home appraiser will look at your house's exterior and interior, along with assorted housing market data. Then, this appraiser can provide you with a valuation of your property. And once you have a property valuation in hand, you can determine how to price your house.
In addition, it often helps to complete a home inspection prior to listing your residence. Because if you perform a home inspection today, you can identify and correct any home problems that otherwise may slow down the home selling process.
3. Collaborate with a Real Estate Agent
If you're unsure about where to find housing market data or how to hire a home appraiser, there's no need to worry. Real estate agents are available in cities and towns nationwide, and these housing market professionals will do whatever it takes to help you sell your house.
A real estate agent is a housing market expert who is available to assist you in any way possible. For instance, if you need help pricing your house, a real estate agent can make it easy to establish a competitive initial asking price. Or, if you are debating whether to accept or reject a buyer's proposal, a real estate agent can help you make an informed decision.
Let's not forget about the comprehensive support that a real estate agent provides in the days and weeks after you accept an offer, either. This housing market professional will keep you up to date about a home purchase agreement as closing day approaches. And if you ever have home selling concerns or questions, a real estate agent is happy to respond to them.
Ready to list your residence? Take advantage of the aforementioned tips, and you can increase the likelihood of a fast, simple home selling journey.
If you intend to sell your home in the near future, you may want to upgrade your residence's interior. In fact, there are many reasons to improve your home's interior before you list your house, and these reasons include:
1. You can differentiate your residence from the competition.
For a seller who wants to help his or her home stand out to buyers, upgrading a residence's interior is ideal. Because if your house boasts a fabulous interior, your home is sure to make a great impression on buyers.
As you consider home upgrades, you may want to consult with interior designers as well. These home interior experts are happy to offer tips and insights so you can improve your residence's interior in no time at all.
2. You can boost the likelihood of a profitable home sale.
When it comes to selling your home, your ultimate goal likely is to earn as much as you can from your house sale. Thanks to a stunning home interior, you can increase your chances of enjoying a profitable house selling experience.
Remember, a dazzling home interior may make it simple for buyers to fall in love with your residence as soon as they walk through the front door. If multiple buyers compete to acquire your home, you may receive several offers to purchase at or above your residence's initial asking price.
3. You can speed up the home selling journey.
There is no telling how long it will take you to sell your house. But if you improve your residence's interior, you could make your home an attractive option to dozens of buyers. And as a result, you could reap the benefits of a fast home sale.
Of course, for those who want additional assistance during the home selling journey, hiring a real estate agent may prove to be beneficial. A real estate agent takes the guesswork out of selling a home, regardless of the current housing market's conditions.
If you want to bolster your home's interior, a real estate agent is ready to assist you in any way possible. He or she will walk through your home and offer suggestions so you can quickly enhance your house's interior. A real estate agent may be able to connect you with the top interior designers in your area, too.
In addition, a real estate agent offers plenty of assistance as you navigate the home selling journey. If you are unsure about how to price your house, for example, a real estate agent can help you analyze your home's strengths and weaknesses so you can price your residence appropriately. Or, if you are uncertain about whether to accept an offer to purchase your house, a real estate agent can help you make the best-possible decision.
Ready to add your home to the real estate market? You may want to upgrade your house's interior first. Because if you perform home interior upgrades today, you may be better equipped than ever before to enjoy a successful house selling experience.
The market’s hot in your area and you want to sell your home, but your everyday life is busy. How do you find the time to prepare your home while still living there or plan a move and keep all the other plates spinning and balls juggling?
Prioritize, Plan, Put it in place
If you’ve lived in your current home for very long you may not be able to estimate how long it will take to get organized and ready. When fitting it in between everything else, you must prioritize so that you can focus on one thing at a time. In general, consider these five or six categories and the focus on just one: maintenance you can do, upgrades or repairs that require a professional, discards or trash, items to sell or give away, furniture and belongings to store, necessities to keep on hand.
You’ve been putting it off, but you know the gutters need cleaning or a couple cracked cover plates need replacing. These are items you can do yourself, you just need to make time to do them. Once you’ve made your list, take stock of supplies, tools, and parts you need. Plan a single trip to the hardware store on your way home from work to minimize time lost. Pick the easiest one, the one that you can do in a single evening. Do it right when you get home before other priorities interrupt you. Then on to the next one.
Upgrades or repairs
Some repairs—and many upgrades—are best when done by a professional. When your house needs to shine, a less than stellar repair job, uneven paint, or a visible patch could detract from your sale price. If you don’t know a qualified contractor for your needs, ask a family member, friend, or neighbor, or utilize one of the contractor's lists available online, or check with your local hardware store contractor’s desk for recommendations.
Let’s face facts, most of us keep far too much stuff. The first to go should be items that are no longer useful. Get all the trash out of your garage, attic, closets, and drawers. If it’s broken and not easily repairable, let it go. Contact your trash service to find out when the next bulk pickup day is or arrange for extra service. Having a date creates a deadline and may motivate you to do it quickly. Get the whole family on board to help.
Sell or give
Place items on Craig’s List, Offer Up, or Facebook Marketplace if you can. But remember, your time is a valuable commodity so taking the time to sell objects online or at a yard sale could have diminishing returns. If your neighborhood has a community sale date, box items up and set them aside for that one day. Otherwise, give your items to charity. Be sure to list all the items you give and get an acknowledgment receipt from the charity. The IRS has tables of fair-market value for well-cared-for and useful items, so pass the list along to your tax preparer.
If you have extra furniture, collectibles, or seasonal items, it pays to put them in storage while your home is on the market. Cluttered and overfilled homes tend not to show as well as those with more streamlined furnishings.
Organize the necessities
What you can’t get rid of or store—those pesky necessities of life that keep your home operating smoothly—organize! That way, when your real estate professional calls, your home is ready to show at a moment’s notice.
When you’re looking to sell your home for a great price, there are a few things that you can do to give the sale an edge. All of the ideas you’ll find below are inexpensive yet effective for sprucing your home up fast.
Hide And Brighten What You Can
Do you have an old, lumpy sofa, an old, unsightly lamp, or a scratch on the wall? You can easily cover these things up without making any major changes. Use a slip cover, some touch-up paint, or even new bedding to help brighten any room or furnishing. You could even consider adding new window treatments or additional lighting to assist in giving your home a refreshed look. As a rule of thumb: If it looks old and you can’t remember when you last replaced the item, you should probably replace it.
Use Paint Strategically
With the right paint, you can accentuate or downplay the features of a room including fireplaces and windows. Portions of the room that would otherwise be lost can be highlighted with the right use of color.
Make The Room Seem Larger
Do you have low ceilings or small rooms? You can make the room seem larger just by making use of vertical lines or using the higher spaces in the rooms of your home. Easily mount shelves on your walls in order to store things to give the room the illusion of having more space.
Your home can look like a new place when you take the time to deep clean the area. Don’t miss out on any part of any room. Use a little elbow grease and pay attention to neglected areas like the pantry, laundry room, and refrigerator. Get rid of any odors in the home. Potential buyers will definitely notice if things don’t smell right upon entering the house. You can use natural cleaners made of baking soda, vinegar, and lemon juice in order to freshen up everything from rugs to toilets. This stage of the makeover process may take you some time, but it’s definitely worth it.
Don’t Forget The Little Touches
Adding in little things before an open house can also make a big difference. Put some fresh flowers on the table. Light some candles. Fluff the pillows. Take the time to remove unnecessary items from the counters and tables as well. The less cluttered the home looks, the better. Buyers like open spaces, but they also like to be able to see themselves in the space and you can help them to do just that.