Len and Leslie Marma's Blog
Selling your home presents many opportunities and challenges. On the one hand, home sellers have an opportunity to earn a profit if they can stir up substantial interest in their properties. Comparatively, selling a home can be difficult, particularly for property sellers who are working in a buyer's market.
Ultimately, the home selling experience should be memorable for all the right reasons, and we're here to help you get the most out of the property selling journey.
What does it take to enjoy an unforgettable home selling experience? Here are three tips to ensure you can do just that.
1. Conduct a Home Appraisal
You love your home, but you also understand that your residence is far from perfect. As such, a home seller should perform a property appraisal before adding his or her house to the real estate market.
During a home appraisal, a property expert will examine your residence and identify any problem areas. That way, you can uncover "hidden" problems with your residence and correct these issues as needed.
A home appraisal is exceedingly valuable, especially for home sellers who want to get the best price for a property. The appraisal may require only a few hours to complete and will provide you with comprehensive insights into your home's strengths and weaknesses.
2. Prep Your Home's Exterior and Interior
Your home only gets one chance to make a positive first impression on property buyers, so why not make the most of it?
With a dazzling home exterior, you can boost your home's chances of generating plenty of interest from property buyers.
Home exterior improvements often are simple to complete. In fact, quick, easy tasks like mowing the front lawn or removing dirt and debris from walkways can make a world of difference in the eyes of homebuyers.
Don't forget to clean your home's interior as well. Mopping the floors, wiping down countertops and performing other home interior maintenance may help your residence stand out to property buyers during home showings and open houses.
3. Collaborate with a Real Estate Agent
With a real estate agent at your side, you should have no trouble enjoying a terrific home selling journey.
A real estate agent is a housing market professional who understands what it takes to sell a residence. He or she can provide extensive insights into real estate market trends and ensure you can make informed home selling decisions.
Typically, a real estate agent will set up home showings, negotiate with homebuyers on your behalf and promote your residence. This housing market professional also will respond to your home selling concerns and queries. By doing so, a real estate agent can help you accelerate the home selling cycle and optimize the value of your residence.
When it comes to selling your home, hiring a real estate agent is a must. This real estate professional will go above and beyond the call of duty to streamline the home selling process and help you can get the best results possible.
Are you preparing to list your older home for sale on the market? While older homes are still widely sought by both first-time and returning home buyers, sometimes they will need a little sprucing up so that you can maximize your sale price and get it sold more quickly. The good news is that you don't have to invest a fortune to make an older home more saleable. Below are a few simple home improvement projects that can get your home noticed.
Give Your Bathroom a Modern Update
Bathrooms are one of the areas that many home buyers are looking to be move-in ready. Older, worn fixtures and poor plumbing can make a potential buyer look twice. Bathroom models can range from cost-efficient to extremely expensive, but you don't need to go with deluxe upgrades to get buyers to notice. Purchase some inexpensive fixtures, fix any tiling, add new faucets and hardware, and make sure to address any leaks and clogs. A buyer will be able to identify new fixtures, which will show it has been recently updated, and if the bathroom looks clean and updated, they are likely to think the rest of the house is the same.
Add a Fresh Coat of Paint
For many people, this may seem like an unnecessary task as many new homeowners will paint their new home in the colors they want. But the truth is that a fresh coat of paint can make a room look newer and fresher. Wall can quickly become blemished with scratches and marks, and the new paint will remove these imperfections and spruce up the color in the room. Consider sticking with more neutral colors that will work with the floors and furnishings. Neutral colors can make spaces look larger, and if the new homeowners wish to paint when they move in, it will be easier for them to cover up with their desired paint colors.
Make Your Backyard Look More Inviting
Many homeowners will focus on curb appeal and pay little attention to the backyard. A backyard can be a great selling point as a space for entertaining or an inviting play area for children. Trim back bushes or overgrowth to create more landscaped areas and open up the space as much as possible. The goal is to have your backyard look neat, kempt and as large as possible. If there are any areas that need grass, make sure to address those as well as removing any weeds. A lush lawn can be extremely inviting for potential home buyers.
You don't have to spend a lot to make your older home more appealing to buyers. Follow the simple tips above to help you get your home sold quickly and for the price, you are looking to get.
Virtual reality (VR) may not be in every household in the country, but it's becoming more mainstream by the day. And contrary to popular belief, it's not just video game experts who want to get their hands on the latest technology. See how VR can inspire better offers from motivated buyers, leading to a bidding war that ends in your favor
The Case for VR Over Video
From drone shots to interior tours, there's no doubt that video has proved effective at showcasing the size of the home. However, VR has the edge because it helps people feel as though they're already living in the home. Instead of having to watch other people at Open Houses parade around, the buyers feel as though the home is already theirs.
VR can also streamline the sale process because buyers can get answers to their questions upfront. Videos have limitations when it comes to showing the scope and details of certain parts of the home, but VR gives buyers the true experience of being there.
Convenient & Memorable
Homebuyers are inundated with properties when they're on the hunt. Eventually, one house can start to blend in with the next. Instead of scrolling through countless photos online or attending their fifth Open House of the day, VR gives buyers time to inspect the home without having to leave the comfort of the agent's office.
Considering this technology is still not widely being used, buyers are virtually guaranteed to remember your home from the rest of the pack. Plus, if your home is attracting interest from outside the state (or even country), VR is the next best thing if they can't attend in-person. If out-of-state buyers are inspired to make the trip, it's almost certainly to make an offer.
More Than a Tour
VR technology for luxury homes can do much more than just give the home buyer a tour. Some programs allow the buyer to decorate rooms, allowing them to see how they're preferred color scheme and furniture placement would look.
VR can also show the details of the neighborhood, such as the ratings of the school systems, nearby shopping, etc. Finally, VR can help people calculate their future mortgage and property taxes, so they understand the financial side before making an offer.
This technology is still largely being used for luxury homes only, though it should be noted that the technology is becoming more widely available (and affordable) with every passing year. It's an effective and fun way to get people interested in your property.
No one should be forced to deal with a long, complicated home selling journey. Fortunately, there are many things a seller can do to navigate the property selling journey like a pro.
Now, let's take a look at three tips to help you enjoy a quick, profitable home selling experience.
1. Analyze the Housing Market
You may have entered the housing market in the hopes of enjoying a seamless property selling experience. Yet the real estate market offers no guarantees. But if you analyze the housing sector closely, you can gain the insights you need to price your home appropriately based on the present market's conditions.
Take a look at the prices of available homes in your city or town that are similar to your own. This housing market data can help you see how your residence stacks up against the competition. It also may help you determine how to price your residence so you can ensure it garners lots of attention from potential buyers.
Furthermore, don't forget to assess the prices of recently sold houses in your area, as well as how long these residences were available before they sold. If homes are selling quickly, a seller's market may be in place. Or, if homes linger on the real estate market for many weeks or months, the current housing sector may favor sellers.
2. Perform Home Upgrades
For those who want to speed up the home selling process, improving your house's curb appeal is ideal. Because if your home boasts amazing curb appeal, you can make it easy for buyers to fall in love with your house.
To bolster your residence's curb appeal, you should mow the lawn, repair any damaged siding and perform other home exterior improvements. That way, your house is sure to impress buyers as soon as they see it for the first time.
In addition, allocate time and resources to transform your home's interior from drab to fab. If each room of your home dazzles, buyers will have no trouble envisioning what life may be like if they purchase your house.
3. Hire a Real Estate Agent
Generally, it helps to hire a real estate agent if you are selling your home. And if you have a real estate agent at your side, you can quickly and effortlessly promote your residence to the right groups of buyers.
A real estate agent will offer recommendations to help you upgrade your residence's interior and exterior, set up home showings and open house events and much more. Plus, if you are ever unsure about how to proceed along the property selling journey, he or she is happy to offer home selling advice.
For those who prepare for the home selling journey, it may not take long to sell a house. If you take advantage of the aforementioned tips, you can plan ahead for each stage of the property selling journey. As such, you will be able to navigate this journey like a pro.
Ready to add your residence to the real estate market? A home appraisal may prove to be a great first step.
With a home appraisal, you'll be able to understand the true value of your house. This comprehensive home assessment enables an expert home appraiser to evaluate every room in your home. Then, a home appraiser will provide details about your home's strengths and weaknesses.
Ultimately, there are many questions for a home seller to consider after a home appraisal is completed, including:
1. What did the home appraiser discover during the evaluation?
A home appraiser boasts in-depth home maintenance knowledge and insights. As such, this professional will do everything possible to identify problem areas with you home that you can repair before you add your residence to the housing market.
Consider the results of a home appraisal closely. By doing so, you can understand your home's strengths and weaknesses and search for ways to transform your house's weaknesses into strengths.
Also, it is important to establish realistic expectations for your residence after a home appraisal.
If a home appraiser discovers myriad problems with your residence, there is no need to worry. You can always repair these issues on your own or hire home maintenance professionals for extra help.
Or, if you decide not to complete home repairs following a home inspection, you should price your residence accordingly. That way, you can be honest with homebuyers about the pros and cons associated with your home and enable these homebuyers to make informed decisions about your residence.
2. Are there major or minor problems with my house?
What differentiates a major home problem from a minor one? The time and resources required to fix a problem often serve as key indicators about whether an issue can cause major headaches over an extended period of time.
For example, an oven light that has gone out can be replaced quickly and effortlessly. On the other hand, your home's obsolete, inefficient furnace may require thousands of dollars to replace.
Simple home improvements can make a world of difference in homebuyers' eyes. Following a home inspection, you may be able to find a variety of quick, easy and effective home improvement tasks that you can complete to enhance your home's appeal.
Be prepared to complete major home improvement projects as well. Remember, if you finish assorted home improvement tasks now, you may be able to help your residence stand out in a highly competitive real estate market down the line.
3. Which home repairs should I prioritize?
Home repairs should help you maximize the value of your residence. Therefore, you should prioritize home maintenance projects that will help you transform your ordinary residence into an exceptional one.
If you need help to determine which home repairs to prioritize, don't forget that a real estate agent may help you do just that. This real estate professional will work with you throughout the home selling process and ensure you can enhance your residence both inside and out.