David Winter DMS's Blog
Selling a home may prove to be a long, arduous process. However, if you act as a reasonable home seller, you can identify home selling challenges and overcome such problems without delay.
Now, let's take a look at three tips that you can use to become a reasonable home seller.
1. Learn About the Housing Market
Real estate is complex, particularly for home sellers. Fortunately, many housing market resources are available to help you become a real estate expert.
For example, any home seller can perform an online search to evaluate the housing market in any city or town. Then, a home seller can use this real estate data to analyze the prices of houses that are similar to his or her own and price a residence appropriately.
Home sellers also should look at the prices of recently sold houses in nearby areas. That way, a home seller can find out whether he or she is preparing to enter a seller's or buyer's market and plan accordingly.
2. Try Not to Get Too Emotional
Let's face it – any home selling journey likely includes plenty of ups and downs. But a home seller who understands the best- and worst-case home selling scenarios may be better equipped than others to stay calm, cool and collected, even in the most challenging situations.
Although a home seller may expect his or her home to sell quickly, it is important to set realistic expectations before you list a residence. This will enable you to avoid potential pitfalls that otherwise can prevent you from achieving your home selling goals.
For example, a home seller who receives a home appraisal will have a good idea about the true value of his or her house. And if the home seller receives a home offer that falls well below the appraisal amount, he or she won't feel disappointed. Instead, this home seller should have no trouble politely declining or countering the proposal.
3. Consult with a Real Estate Agent
If you're unsure about how to price your home or promote your house to the right groups of homebuyers, it often pays to get expert help. Lucky for you, real estate agents are available in cities and towns nationwide, and these housing market professionals can help you make informed home selling decisions.
A real estate agent possesses comprehensive housing market expertise and is happy to share his or her home selling insights with you. This means if you ever have questions about what to include in a home listing, your real estate agent can help you out. Or, if you are uncertain about whether to upgrade your house's interior or exterior, your real estate agent is available to provide honest, unbiased home improvement recommendations.
Becoming a reasonable home seller can make a world of difference in any housing market, at any time. Take advantage of the aforementioned tips, and you can quickly and effortlessly navigate the home selling journey.
Congratulations on your recent home sale! Now, you just need to figure out how to tell family members, friends and other loved ones that you'll be packing up and moving out of your current residence.
Informing loved ones about a home sale may seem challenging at first. Fortunately, we're here to help you keep your cool as you tell loved ones that you've sold your house.
Here are three tips to ensure you can avoid the stress and headaches sometimes associated with informing loved ones about your decision to sell your home.
1. Get Ready for Questions
Loved ones have your best interests in mind, and as such, likely will have many questions about why you sold your residence.
What prompted you to sell your home now? How much did you receive for your home? And where do you plan to live in the future? These are just some of the questions that you should be ready to face from family members, friends and other loved ones.
Moreover, answer loved ones' questions as best you can. And if you are uncertain or uncomfortable about answering a question, you can politely decline to respond.
2. Keep an Open Mind
Things will move quickly after you sell your home. Although you may have plans to buy a new residence or relocate out of state at some point, you might still need time to finalize your next move.
Oftentimes, loved ones may pressure you to move in a certain direction following your home sale. But it is essential to keep the best interests of yourself and your family in mind at all times.
If family members or friends pressure you to make a move that makes you feel uncomfortable, let them know. Remember, your loved ones want you to be happy, and they should be willing to listen to your concerns after you share the news that you have sold your residence.
3. Operate Fearlessly
After you accept a homebuyer's offer for your residence, the toughest part of the home selling journey is over. At this point, you can finalize your home sale and move forward with the next stage of your life.
It takes a lot of courage to sell a house, and you should maintain this confidence as you tell loved ones about your home selling decision.
Regardless of how a loved one feels about your decision to sell your house, what's most important is how you feel about your choice. If you believe you made the best decision possible, you should feel good, even if family members or friends disagree.
When it comes to telling loved ones about your home selling decision, don't forget to reach out to your real estate for assistance. This real estate professional understands the challenges of informing family members and friends about a home selling decision and may be able to offer expert guidance. That way, you can remain poised and confident as you share your home selling news with others.
As a home seller, you need to do everything possible to learn about the competition. By doing so, you can find out what sets your house apart from other available residences and promote your home accordingly.
Ultimately, gaining a competitive advantage over rival home sellers can be simple – here are three tips to help you do just that.
1. Become a Real Estate Market Expert
Allocate the necessary time and resources to analyze the real estate market closely – you'll be happy you did. With housing market insights at your disposal, you can map out a successful home selling journey.
Take a look at the prices of homes that are currently available in your city or town. Focus on houses that are similar to your own, and you can establish a price range for your residence.
Also, examine the prices of recently sold houses in your area. This will allow you to see how long it took for these residences to sell. Plus, you can find out whether you're about to enter a buyer's or seller's market.
2. Learn About Your Home's Condition
Conduct a home appraisal, and you can gain unparalleled insights into your house's condition.
A home appraisal usually takes just a few hours to complete. During this appraisal, a property inspector will examine your residence and identify any home problems. Then, the inspector will offer a report that outlines his or her findings.
Following a home appraisal, you can determine the true condition of your house. That way, you can prioritize various home improvements and ensure that your home's condition serves as a key differentiator after you list your residence.
3. Work with a Real Estate Agent
If you're unsure about how to approach a competitive real estate market, there is no need to worry. Many real estate agents are available to assist home sellers and provide these sellers with extensive support throughout the home selling journey.
A real estate agent can offer tips to help a home seller bolster a house's interior and exterior. This housing market professional understands what it takes to promote a residence to the right groups of homebuyers too. Thus, he or she will do everything possible to guarantee your residence stands out from the competition.
Perhaps best of all, no question is too big or too small for a real estate agent. If you want to know the prices of recently sold houses in your neighborhood, a real estate agent can provide you with the pricing data that you need. Or, if you want to enhance your home's interior, a real estate agent is happy to help you discover the best ways to transform your house's interior from drab to dazzling.
Competition is fierce among home sellers. But with the aforementioned tips, a home seller can gain a competitive edge, one that can help this seller accelerate the home selling journey and get the best price for his or her house.
A nightmare home selling experience is something that every home seller wants to avoid. Fortunately, we're here to teach you the ins and outs of selling a house so that you can minimize the risk of problems that could lead to a nightmare home selling experience.
Now, let's take a look at three tips to help you avoid a nightmare home selling experience.
1. Study the Real Estate Market Closely
You don't need to be a real estate market expert to find ways to maximize the profits from your home sale. Instead, you can study the real estate market closely and gain the insights that you need to price your house competitively.
Remember, a home seller's goal is to optimize the value of his or her house. To accomplish this goal, it is paramount to establish the right home price from day one. Otherwise, a home seller risks alienating buyers with a price that is too high, or missing out on profits due to a price that is too low.
Take a look at the prices of available houses in your area that are similar to your own. This housing market data will enable you to see how your residence stacks up against the competition so that you can price your house accordingly.
2. Conduct a Home Inspection
A home inspection usually is completed after a home seller accepts a buyer's offer. However, a home seller who conducts an inspection before listing his or her residence can increase the likelihood of a profitable home sale. Perhaps best of all, this home seller can avoid the danger of a buyer requesting home repairs or a price reduction later in the home selling cycle.
During a home inspection, a property expert will evaluate your residence both inside and out. This property expert then will provide a comprehensive report that details his or her findings.
Examine a home inspection report. That way, you can find out about your house's strengths and weaknesses and take the necessary steps to transform various weaknesses into strengths.
3. Hire an Experienced Real Estate Agent
An experienced real estate agent understands exactly what it takes to sell a home, regardless of the current housing market's conditions. As such, this real estate agent can serve as a guide throughout the home selling journey and help you immediately identify and resolve any potential home selling hurdles.
For example, an experienced real estate agent can provide you with a wealth of housing market data before you list your residence. This housing market professional will help you make sense of assorted real estate data and ensure that you can establish a competitive price for your house. He or she also will promote your house to the right groups of buyers and help you enjoy a quick, seamless home sale.
When it comes to selling your home, there is no need to leave anything to chance. Take advantage of the aforementioned tips, and you can avoid a nightmare home selling experience.
Many sellers aren’t sure how to give a positive spin to their small backyard. We imagine that most homeowners want a large expanse of green with various types of trees and maybe even room for a vegetable garden.
However, there are ways to make a small yard a good thing. After all, less yard means less grass to mow and water and worry over when drought hits.
In this article, we’re going to give you some tips on making your tiny yard appealing to buyers.
Making an area seem more spacious is often a matter of smart decorating. Just like you can make a room appear bigger with bright colors and mirrors, you can make a yard appear bigger with proper landscaping and outdoor furniture.
When it comes to patio furniture, keep it simple. You don’t need a massive set of furniture in a small yard, and filling your yard up with chairs will make it feel crowded.
Choose a few well-placed decorations for your yard, and keep it simple.
A good way to make a small yard feel more in touch with nature is to plant in containers. Sticking to a central theme with your plants will give the yard a sense of continuity and simplicity that will make it feel welcoming.
Container gardening is also a good option for people who live in arid areas prone to drought. You can choose drought resistant plants that are easy to maintain.
Landscaping is key
You know how a cluttered and messy bedroom feels small and unwelcoming? The same is true for a cluttered and unkempt backyard. Cutting the grass and trimming the trees and hedges will go a long way. However, also remember to not use your backyard as a storage space. Tools and equipment that aren’t put away will make the yard feel even smaller than it already is.
Set a focal point
Small backyards don’t need a lot of features and amenities. One key area is enough to satisfy the eye. Rather than choosing several small decorations, stick to one thing. Whether it’s a small box garden, a fireplace, or a well-placed tree, drawing the eye is one way to distract from the size of the space.
Small is a style
The last important thing to keep in mind is that houses with small backyards are usually found in locations where small backyards are expected. You wouldn’t dream of finding a large backyard behind a class brownstone in Brooklyn, and as a result, the small backyards of those builds have taken on a charm of their own.
If you aren’t sure about how to incorporate landscaping and decorations in your tiny backyard, look up some inspiration online for urban backyards that match the style of your home. This will attract buyers who are already looking for something that your home already has--character.