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Posted by Joyce Torelli on 9/12/2018

Thereís many different things that can make or break a home sale. When youíre selling your home, you want it to be as attractive as possible to buyers. Besides proper staging, thereís plenty of things that you can do to attract buyers and get the best price for your home. 


Donít Let Gutters Hold You Back


Routine gutter maintenance can save you a lot of grief later. Just simply taking the time to clean your gutters can prevent a lot of damage to the foundation of your home. Water will be able to run off to surface of your home properly. 


The Roof Is A Problem Area


Roofs typically last anywhere between 20 and 25 years. If itís approaching the end of its lifespan, or if it needs repairs, youíre wise as a seller to spend money on the roof. It will keep buyers interested, and youíll be able to negotiate a better return on the sale of your home. You can even get a certification that the roof is in good shape to help you during the inspection phase. 


Buyers Want Modern Appliances


While replacing some appliances doesnít seem like that big of a deal to homebuyers, having more modern appliances in your home helps buyers to see that you have done some updating. It wonít leave buyers wondering what else needs to be replaced in the home if the appliances are from the current decade.   


The Doors And Windows Are A Pathway To Selling


When potential buyers enter your home, expect them to open your doors and windows. Any windows that are stuck or doors that donít work properly can be red flags to buyers who are looking for homes that have been well-kept. Replacing the windows in your home can bring you a return of between 50 and 80%. Complete replacement may not be necessary if the windows are still functioning as they should. 


Maintain HVAC Units For Happy Buyers


Typical well-cared for HVAC systems can last up to 25 years. One that is aging can be a problem area for some buyers. If you donít want to lose a sale, an old heating and cooling system can be an issue for you as a seller. Keep in mind that this could also be a place for negotiations during the sale of the home.  


The Foundation Gives Buyers An Overall Picture Of The Home


Cracks in the walls or the foundation itself can be a sign of larger problems in the home. You should fix any cracks in the foundation or issues with the walls. Definitely have a plan in place in case buyers worry about any repairs that were made to the foundation, especially after the inspection. 


Harmful Substances


One of the big areas that can be a deal breaker in the sale of a home is the discovery of radon. This is a radioactive gas that is a proven carcinogenic. Itís found in rocks, salt, soil and water. This one thing can throw both buyers and sellers for a loop, so do your research in the selling process. 


Donít Be Overzealous In Your Listing Price


One of the biggest reasons that you wonít find the right buyer for your home is the listing price. Without a good pricing strategy, your home could stay on the market for a long time. Be sure that youíre not listing a property above the market value so youíre not missing out on the right buyers.





Posted by Joyce Torelli on 9/5/2018

Whether you plan on selling your house in the next few years, or if you just want to make some much needed updates to your home, renovations can be a great way to increase the value of your property.

However, not all updates will pay for themselves. Some upgrades that we want for personal reasons, such as building an addition for more space, could come back to haunt you if it isnít to the taste of potential homebuyers in the future.

So, in this article, weíre going to talk about five simple updates to your home that have the best chance of increasing its selling price. That way, when you do finally decide to move on from your home, you can sell for the price you know your home is worth.

Improve your lighting

You donít have to be a carpenter to increase the value of your home. When a potential buyer enters your home for the first time, two of the first things theyíll notice are the lighting and the spaciousness of the room.

Since lighting is an essential part of creating spaciousness, increasing the former will also increase the latter.

So, what are some ways you can increase lighting?

  • Add recessed lights to the ceilings of your home. It will open up space in the ceiling and allow for a greater number of lights overall.

  • Add lighting under the cabinets in your kitchen

  • Use large mirrors for decoration to increase lighting and create the illusion of spaciousness in smaller rooms

Painting for the modern homeowner

Home decor trends come and go. Not long ago, wallpaper was the go-to choice. However, the surest way to increase the value of your home is to use bright and neutral colors since, statistically, these appeal to the largest number of people.

Fresh paint and good lighting work together to make your home seem more polished and modern. And, for just a few hundred dollars, you can paint your whole home.

Remember, however, that it is easy to scuff up the walls in your home. So, itís a good idea to paint closer to the date you think youíll be trying to sell.

Low maintenance landscaping

While there are people who enjoy mowing the lawn on Saturday morning, those people tend to be few and far between. One thing potential buyers will consider when viewing your home is how difficult it will be to take care of the yard.

Adding an irrigation system, removing unnecessary obstacles, and planting hardy bushes and plants will woo potential buyers.

Upgrade the most outdated room in your home

If your home is in need of serious upgrades, itís best to start with the room that needs it the most, especially if that room is a bathroom or kitchen. Replacing an old vanity or putting new tile down can be simple ways to spruce up a bathroom thatís looking dated.

Fix the little things

If you have a couple of years before you plan to sell, that gives you time to fix the small issues that youíve noticed and will continue to notice. Maintaining your home now will give you less to worry about when the time comes to sell, and you donít want to be dealing with leaking faucets when that day arrives.





Posted by Joyce Torelli on 8/29/2018

If you receive an offer to purchase your home, you may have only a limited amount of time to decide whether to accept this proposal. As such, there are several factors you'll want to consider to determine whether to approve an offer to purchase your home. These factors include:

1. The Price of Your Home

If you established a competitive initial asking price for your home, you should have no trouble determining whether an offer to purchase falls in line with your expectations. Thus, if an offer to purchase your home is at or above your residence's initial asking price, you may want to accept a buyer's proposal and move forward with a house sale.

Of course, if an offer to purchase your house falls below your residence's initial asking price, you should still evaluate the proposal closely. If you feel the offer to purchase is the best proposal you might receive, you may want to accept it.

2. The Current State of the Local Housing Market

Examine the current state of the local housing market Ė you'll be glad you did. If you discover you are operating in a buyer's or seller's market, you can assess an offer to purchase your home accordingly.

If you find a buyer's market is in place, you may be more inclined than ever before to accept a competitive offer to purchase your home. Because in this market, the number of sellers exceeds the number of buyers, and rejecting a homebuying proposal does not guarantee you will receive better offers to purchase in the near future.

Comparatively, if a seller's market is in place, you may want to take a wait-and-see approach to any offers to purchase your residence. In this market, the number of buyers exceeds the number of quality houses available. As a result, you may receive dozens of offers to acquire your residence if you wait for the local housing market to develop.

3. Your Home Selling Goals

You should feel good about accepting an offer to purchase your house. Therefore, if an offer to purchase enables you to achieve your home selling goals, you may want to accept it sooner rather than later. By doing so, you can take the next step to finalize your house sale.

As you debate how to proceed with an offer to purchase your house, you may want to consult with a real estate agent too. This housing market professional may be able to offer housing market insights that you won't find anywhere else. Plus, he or she can provide honest, unbiased home selling recommendations. And if you ultimately decide to accept an offer to purchase your residence, a real estate agent can guide you along the final stages of the property selling journey.

There is no reason to settle for a subpar offer to purchase your house. But if you consider the aforementioned factors, you can make an informed decision about whether to accept, reject or counter a homebuying proposal.





Posted by Joyce Torelli on 7/25/2018

Selling a house is no small feat, particularly in a competitive real estate market. As such, home sellers may be prone to make mistakes if they don't plan ahead for potential pitfalls.

Common home selling mistakes include:

1. Listing a Home Without Performing Housing Market Research

Let's face it Ė selling a house can be stressful. In many instances, home sellers will want to speed through the home selling journey Ė something that may lead these sellers to list residences without evaluating the real estate market in advance.

Spending even a few minutes looking at the prices of homes in your city or town may make a world of difference. Ultimately, the more housing market research that you perform, the more likely it becomes that you'll be able to optimize the value of your house.

Take a look at the prices of available homes in your city or town that are similar to your own. Also, evaluate the prices of recently sold houses in your area. With this housing market data at your disposal, you'll be better equipped than ever before to price your residence competitively and boost your chances of a profitable home sale.

2. Accepting an Initial Offer on a Residence

The first offer that you receive on a residence may prove to be the best offer. However, in some cases, the initial offer may fall short of your expectations.

Immediately accepting the initial offer on a residence may prove to be costly. Fortunately, a home seller who understands the housing market can take a data-driven approach to determine how to proceed with any offer, at any time.

Performing a home appraisal before you list your residence can provide valuable insights into a property's value. Then, you can list your house for a competitive price, one that helps generate substantial interest in your house and may lead to offers at, near or above your initial asking price.

In addition, don't forget to consult with a real estate agent. If you receive a home offer and are unsure about whether to accept, reject or counter it, a real estate agent can provide expert advice to help you make an informed decision.

3. Ignoring a Real Estate Agent's Recommendations

A seller's agent is committed to helping you optimize the value of your residence, and this housing market professional will offer recommendations as you sell your house to ensure you that can get the best results possible.

If you ignore a real estate agent's recommendations, you may miss out on a golden opportunity to sell your house. A real estate agent provides housing market analysis and insights, along with honest, unbiased recommendations about how to overcome a wide range of home selling hurdles.

Furthermore, a real estate agent always has a home seller's best interests in mind. This housing market professional also is available to respond to a home seller's questions, guaranteeing that a home seller is fully supported at each stage of the home selling journey.

Ready to sell your house? Collaborate with a real estate agent, and you should have no trouble achieving your desired results.




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Posted by Joyce Torelli on 7/11/2018

If you plan to sell your home, it may be helpful to prepare for a difficult negotiation with a homebuyer.

Although your home may be in great shape and you've set a fair price for it, there are no guarantees that you'll be able to avoid a long, complex home selling negotiation. However, a home seller who prepares for a difficult negotiation now may be better equipped than others to remain calm, cool and collected throughout the home selling journey.

Now, let's take a look at three tips that home sellers can use to get ready for a difficult negotiation.

1. Assess the Housing Market Closely

A home seller who sets a competitive price for his or her residence may be able to avoid a complicated home selling negotiation entirely.

To determine a fair price for your house, a property appraisal is ideal. During this appraisal, a property inspector will evaluate your home's interior and exterior and help you identify any problem areas. Then, you can complete assorted home improvement projects and price your house accordingly.

Furthermore, it is important to assess the prices of comparable houses in your area. With this housing market information at your disposal, you can enter a home selling negotiation with data to support your arguments.

2. Understand Your Home Selling Goals

How a home seller approaches a negotiation may vary based on his or her goals.

For example, a home seller who needs to move out of a house as soon as possible may be willing to go above and beyond the call of duty to satisfy a property buyer's requests. By doing so, this home seller can speed up the property selling cycle.

On the other hand, a home seller who can afford to be patient may be unwilling to budge on various homebuyer requests.

Consider your home selling goals closely before you enter a negotiation with a homebuyer. And if you feel uncomfortable, you can always walk away from a negotiation and reenter the housing market.

3. Focus on the End Results

A home selling negotiation can become contentious, but it is important to remember the end goals of this negotiation.

Ultimately, a successful negotiation will meet the needs of both a property seller and buyer. If a negotiation heavily favors a homebuyer, a home seller should be ready to exit the negotiation.

A home selling negotiation can be stressful, and you should be ready to take breaks as needed. For example, spending a few minutes meditating or walking outdoors may help you clear your head and reenter a home selling negotiation with a fresh perspective.

Lastly, if you want additional support, real estate agents are happy to help you. A real estate agent knows what it takes to negotiate with homebuyers and will do everything possible to ensure all parties involved in a negotiation get the best results.

Take the guesswork out of a home selling negotiation Ė use these tips, and you can prepare for a difficult negotiation before you add your house to the real estate market.




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