Don’t Go It Alone When Selling Your House

Putting your home up for sale can elicit a myriad of emotions from you and your spouse — everything from excitement and anticipation to fear and sadness. It’s only natural to feel a mixture of emotions, especially if your home represents years of memories, countless milestones, and stages of family growth.

A cautionary note to keep in mind is that it’s easy to get caught up in emotion-based decisions that could derail your chances for making a fast sale.

A primary example would be pricing your home higher than it might actually be worth. Despite the fact that you’ve experienced great family memories there and spent tens of thousands of dollars to maintain, upgrade, and beautify your home, those factors usually do not translate into a sale price that exceeds the property’s appraised value. Your perspective, which may be based on subjective criteria, such as all the “blood, sweat, and tears” you put into your house — not to mention the “TLC” that went into it — does not hold water in the minds of would-be buyers.

What Does Determine a Home’s Value?

The unvarnished truth is that the value of your home is mostly based on prevailing market conditions, the price at which comparable homes in your neighborhood recently sold, and what the market will bear. Effectively setting a price that will bring in the most money without driving away qualified and otherwise-interested buyers is a delicate balance. The homeowner rarely has the objectivity or the specialized knowledge to accurately set the right price. That’s where real estate agents comes in, and why it’s advisable to sell your home through a licensed agent, rather than attempting a “For Sale By Owner” approach.

Minimizing Bumps in the Road

A good real estate agent will work on your behalf to effectively market your home, collaborate with other agents in the area to schedule showings and spread the word about your listing, and advise you on ways to improve both the curb appeal of your home and its interior appearance. Your agent can also provide indispensable negotiating help, as well as guidance about seller disclosure requirements and other government regulations.

The bottom line is that real estate agents are well-versed in the intricate process of listing, marketing, and selling residential property. Since there are a lot of forms to sign, deadlines to meet, agreements to reach, and formalities to handle, those are among the many sound reasons to enlist the help of a professional.

Although the process of selling a residential property often involves delays, setbacks, and obstacles, most real estate agents are quite adept at solving problems and getting past difficulties. In addition to the marketing, networking, and strategizing they’re doing on your behalf, a good agent can also be counted on to provide you with regular progress reports and boost your spirits when you’re feeling discouraged.

Make the Home Selling Process Fast and Easy

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.

Should You Complete a Kitchen Renovation? Questions for Home Sellers to Consider

As a home seller, it is important to do everything possible to transform an ordinary kitchen into a comfortable, attractive setting. With an awe-inspiring kitchen, you may be able to differentiate your house from others that are available in a competitive real estate market. Plus, your house’s kitchen might even lead some homebuyers to submit offers immediately following a home showing.

Clearly, a top-notch kitchen can make a world of difference when you sell your house. But how can you determine whether a kitchen overhaul is necessary?

Here are three questions to consider before you embark on a kitchen renovation.

1. When do I plan to sell my house?

If you intend to sell your home quickly, you may have limited time at your disposal. Therefore, a complete kitchen overhaul may not be an option.

On the other hand, if you have several weeks or months to plan ahead, it may be worthwhile to evaluate your kitchen and find ways to improve it.

Consider your home selling timeline closely. That way, you can examine various home improvement projects and determine whether a kitchen renovation is a priority.

2. How much money do I have to complete a kitchen renovation?

A kitchen renovation can include everything from simple upgrades to a massive overhaul. As such, the costs associated with a kitchen renovation may vary.

Assess your home improvement budget and plan accordingly. If you have the funds available, you may be able to revamp your entire kitchen. However, if your financial resources are limited, you may need to consider cost-effective measures to enhance your kitchen.

Remember, there are many quick, easy ways to bolster your kitchen. Wiping down the walls and ceiling can help your kitchen dazzle. Meanwhile, repainting the kitchen walls and mopping the floors also provide simple, effective ways to improve your kitchen’s appearance without breaking your budget.

3. Is a kitchen renovation worth my time?

A home appraisal may prove to be exceedingly valuable, particularly for home sellers who are on the fence about completing a kitchen renovation.

During a home appraisal, a property inspector will examine your residence and provide a report that highlights your house’s strengths and weaknesses. This report can help you establish a price range for your home. In addition, the report may provide you with insights into whether a kitchen renovation may enable you to boost your home’s value.

Lastly, if you’re still uncertain about a kitchen renovation after a home appraisal, a real estate agent may be able to provide extra support.

A real estate agent understands the ins and outs of selling a home. Thus, he or she can evaluate your residence and help you decide whether a kitchen renovation is worth your time.

When it comes to a kitchen renovation, it is essential for home sellers to examine all of their options. Consider the aforementioned questions, and you should have no trouble determining if a kitchen renovation is right for you.

Do You Need a Home Selling Budget?

A home selling budget may prove to be exceedingly valuable. With this budget in hand, an individual will know approximately how much money that he or she will need to complete the home selling journey.

Now, let’s take a look at three expenses to include in a home selling budget.

1. Home Cleaning

If you want to impress buyers, you likely will need to maintain a neat, tidy home interior. As such, you may want to account for cleaning supplies in your house selling budget.

Of course, you may choose to hire a home cleaning company. And in this scenario, you should consider how frequently you want this company to clean your house.

Regardless of whether you choose to purchase cleaning supplies so you can clean your house on your own or hire a home cleaning company, you should shop around. That way, you can evaluate the costs associated with different cleaning supplies and home cleaning companies and make the best-possible decision based on your finances.

2. Home Repairs

Repairing a home may be costly, particularly for those who failed to maintain their residences over time. Yet if you consider the home repairs you need to complete, you can incorporate the costs associated with these repairs into your house selling budget.

It may be beneficial to conduct a house inspection prior to listing your home. Once you receive a house inspection report, you can learn about any underlying home problems. You then can assess the costs to perform assorted home repairs.

For those who want to save money on home repairs, you may be able to complete simple property upgrades on your own. If you are unsure about how to perform various home improvements, however, you should hire a professional. Otherwise, if you try to complete these home improvements on your own, you risk making expensive, time-consuming and dangerous mistakes.

3. Packing and Moving

After you sell your house, you may have only a short amount of time to pack up your belongings and relocate to a new address. Meanwhile, if you account for your potential packing and moving costs, you can ensure that you will have the funds available to cover these expenses when you are ready to relocate.

In some instances, home sellers pick up packing supplies early in the property selling journey. This ensures a seller won’t have to worry about rushing to purchase packing supplies as moving day approaches.

You may want to reach out to local moving companies for quotes, too. And when you finally sell your home, you can finalize plans with an affordable, convenient moving company that you have already vetted.

Lastly, selling a house can be challenging, but a real estate agent can help. If you hire a real estate agent, you can receive plenty of assistance as you craft a home selling budget. Perhaps best of all, a real estate agent will do whatever it takes to help you enjoy a fast, profitable house selling experience.