Catherine Wilson's Blog
Although a home seller wants to enjoy a quick, seamless home selling experience, problems sometimes can arise along the way. And if a home seller is not careful, these issues may cause him or her to encounter one of the dreaded home selling worst-case scenarios.
Ultimately, there are many home selling worst-case scenarios that a seller should try to avoid at all costs, and these scenarios include:
1. A home is priced too high.
A home seller should establish a competitive price for his or her residence from the get-go. Because failure to do so could force a residence to linger on the housing market for weeks, months or years.
To determine a competitive price, it helps to conduct plenty of real estate market research. Looking at the prices of recently sold houses in your city or town can help you determine whether you're preparing to enter a buyer's or seller's market. Also, examining the prices of comparable houses in your area can help you narrow your price range.
Furthermore, a property appraisal is a viable option for all home sellers, at all times. During an appraisal, a home expert will assess your residence and provide a property valuation. Then, you can use the property valuation to price your home accordingly.
2. A homebuyer requests a price reduction or major repairs after an inspection.
A home inspection generally takes place a few days after a seller accepts a buyer's offer on a residence. If this inspection reveals a wide array of home problems, it could jeopardize a potential sale.
It often helps to complete a home inspection before listing a residence. This inspection allows a seller to identify any home problems and resolve these issues immediately.
In addition, a home seller should understand his or her options after an inspection that reveals myriad home problems.
If a buyer requests a price reduction or home repairs after an inspection, a seller can agree to the buyer's terms or counter a buyer's proposal. Or, if a seller feels a buyer is being unreasonable, he or she can walk away from a home sale and relist his or her residence.
3. A home seller hires a real estate agent who lacks comprehensive industry experience.
If a seller hires a real estate agent who lacks comprehensive industry experience, he or she risks a long, arduous home selling experience.
There is no need to hire an inexperienced real estate agent. In fact, dozens of top-notch real estate agents are available nationwide, and these housing market professionals can help you achieve your home selling goals in no time at all.
The ideal real estate agent will know the ins and outs of the housing market. Plus, he or she will be able to guide you along each stage of the home selling journey and do whatever it takes to promote your residence to the right groups of buyers.
Enjoy a fast, profitable and worry-free home selling experience – consider the aforementioned home selling worst-case scenarios, and you can minimize risk throughout the home selling journey.
For home sellers who want to do whatever it takes to enhance a house's interior, depersonalization is key.
By depersonalizing a house's interior, a home seller can make it easy for a homebuyer to envision what life might be like if he or she purchases a residence. That way, a home seller can increase the likelihood of a fast, seamless and profitable home selling experience.
Effectively depersonalizing a home's interior can be simple – here are three areas that a home seller needs to consider to depersonalize a house's interior:
Although photographs of loved ones, celebrations and family vacations may hang throughout your residence, now is the right time to take them down if you're selling your house.
Removing photographs from all walls and shelves is necessary to effectively depersonalize a house. In addition, don't forget to hide any photographs located in a home office.
Antiques are beautiful treasures that deserve to be displayed. However, if you're selling your house, it may be worthwhile to temporarily store these items outside your residence.
When it comes to antiques, it is always better to err on the side of caution. If you have priceless treasures that need to be removed from your house, you should allocate the necessary time and resources to store them properly. This will enable you to minimize the risk of damage to your antiques while you sell your home.
In some instances, renting a storage unit for your antiques may prove to be a great idea. Or, if you have a family member or friend who has extra storage space available, he or she may be able to hold your antiques until your residence sells.
Awe-inspiring artwork can help you show off your unique personality. But if you have bold paintings, sculptures or other artwork in your home, you may want to remove these items while your house is listed on the real estate market.
Artwork sometimes can be distracting, and as a result, may make it tough for homebuyers to imagine what life could be like if they purchase your house. Also, if artwork takes up lots of space, it might be difficult for homebuyers to see the full potential of your living space.
If you need help with depersonalizing your house's interior, you should reach out to a real estate agent for support.
A real estate agent understands how to showcase a residence to homebuyers. As such, he or she will offer honest, unbiased recommendations to help you depersonalize your residence's interior and ensure your home will capture homebuyers' attention.
Furthermore, a real estate agent can serve as your guide along the home selling journey. He or she will set up home showings and open houses, negotiate with homebuyers on your behalf and respond to your home selling concerns and questions at any time.
Ready to depersonalize your house's interior? Consider the aforementioned areas, and you can give your home's interior a fresh look and feel before you list your residence.
A small town home initially may have proven to be ideal. But if your current small town house fails to meet your needs, there is no need to worry. In fact, you can add your small town residence to the local housing market and relocate to a new city or town at your convenience.
Ultimately, there are many reasons why now may be the right time to sell your small town house. These include:
1. Your small town home no longer suits your present lifestyle.
If your small town home has become too big or too small for you, it may be beneficial to list your residence. That way, you can sell your current small town home and upgrade or downgrade as needed.
Before you list a small town residence, it generally is a good idea to study the local housing market. If you allocate time and resources to analyze housing market data, you can identify home selling patterns and trends. Then, you can use this information to establish a competitive initial asking price for your small town home – something that may help you accelerate the property selling journey.
2. Your small town home is far away from family members and friends.
If you find that you have to commute several hours to visit family members and friends, it is important to remember that you can always move closer to these loved ones. By selling your small town home, you can relocate near family members and friends any time you choose.
For those who want to sell a small town home and move close to family members and friends, it helps to plan accordingly. You should craft a strategy to sell your current residence as well as determine where you are going to live going forward. This will allow you to map out any home selling and homebuying plans and take the necessary steps to put your plans into action.
3. Your small town home fails to provide convenient access to attractions and landmarks.
If you enjoy lots of big-name attractions and landmarks, small town living may not be the right choice. Fortunately, city residences are available that provide quick, easy access to many entertainment options. And if you sell your small town home, you can pursue a city house that delivers convenient access to your preferred attractions and landmarks.
As you get set to sell your small town home, you may want to employ a real estate agent too. This housing market professional will learn about you and your house selling goals and craft a custom home selling strategy for you. Plus, a real estate agent will promote your small town home to prospective buyers, set up property showings and do everything possible to ensure you can maximize your home sale earnings.
Remove the guesswork commonly associated with listing a small town home. Hire a real estate agent, and you can receive in-depth assistance as you sell your small town residence.
For home sellers, getting the best price for your residence likely will require you to upgrade your house's curb appeal. If you dedicate time and resources to bolster your home's curb appeal, you may be better equipped than ever before to enjoy a successful property selling experience.
Now, let's take a look at three tips to help you improve your home's curb appeal.
1. Fix Damaged Home Siding
Cracked or chipped home siding is unlikely to do you any favors. In fact, damaged home siding may prove to be an instant turn-off to prospective buyers.
Fortunately, repairing cracked or chipped siding can be fast and simple. If you fill in any cracks or holes in your home siding, you can eliminate these eyesores without delay.
If you want expert help with house siding repairs, home improvement professionals are available in cities and towns nationwide. These professionals are happy to work with you so you can quickly fix damaged home siding and boost your house's curb appeal.
2. Perform Lawn Care Tasks
Mowing the lawn, trimming the hedges and performing other lawn care tasks is key for home sellers. If you maintain a neat, tidy lawn, you could help buyers see your home's full potential.
Of course, you should continue to perform various lawn care tasks regularly until your residence sells. You never know when a potential buyer may pass your home, and as such, a pristine lawn is paramount to help your residence make a positive first impression.
3. Eliminate Clutter
If you have plastic flamingoes, lawn gnomes and other decorations scattered across your home's front lawn, you may want to remove these items for the time being. Otherwise, it may be tough for buyers to envision what life may be like if they purchase your residence.
To cut down on clutter, you can always host a yard sale or list any unwanted items online. You also can donate any items you no longer need to a local charity or give them to family members or friends.
As you prepare to sell your house, you may want to collaborate with a real estate agent as well. A real estate agent can offer plenty of tips so you can upgrade your house's curb appeal, along with recommendations to help you streamline the home selling process.
Let's not forget about the assistance a real estate agent can provide as you evaluate an offer to purchase, either. A real estate agent can help you weigh the pros and cons of accepting a homebuying proposal. He or she is ready to respond to any house selling concerns or questions you may have, too.
When it comes to selling a home, it generally is a good idea to improve your house's curb appeal as much as you can. Thanks to the aforementioned tips, you can enhance your home's curb appeal in no time at all. And as a result, you can make your home an attractive option to prospective buyers.
When it comes to adding your residence to the real estate market, it is always better to err on the side of diligence.
Ultimately, there are many reasons to become a diligent home seller, including:
1. You can price your house competitively from the get-go.
For those who want to become diligent home sellers, it is paramount to set a competitive price from the get-go. By doing so, a diligent home seller can stir up plenty of interest in his or her house and boost the chances of a quick home sale.
A diligent home seller will allocate the necessary time and resources to learn about the real estate market. As such, this home seller will have no trouble establishing a competitive price for his or her residence from day one.
In addition, a diligent home seller will examine the prices of available houses that are similar to his or her own. With this housing market data in hand, a diligent home seller can establish a price range for his or her residence.
2. You can identify home improvement opportunities.
A diligent home seller likely understands that his or her residence has various pros and cons. At the same time, this property seller recognizes home improvement opportunities.
To learn about home improvement opportunities, a diligent home seller usually will conduct a home appraisal. This appraisal enables a property inspector to evaluate a residence and provide the home seller with an in-depth report about the house's condition. Then, the home seller can use these property insights to streamline his or her home improvement efforts.
Completing a series of home improvements can make a world of difference in the eyes of homebuyers. In fact, a diligent home seller will prioritize home improvement projects and finish assorted home interior and exterior tasks to transform an ordinary residence into a stellar one.
3. You can keep your cool in stressful negotiations with a homebuyer.
Let's face it – no home seller wants to worry about stressful negotiations with a property buyer. Fortunately, a diligent home seller will know what it takes to remain calm, cool and collected as home selling negotiations proceed.
A diligent home seller will understand the true value of his or her house. Thus, this home seller can enter negotiations with actionable data to help him or her make informed decisions.
Plus, a diligent home seller will maintain an open approach throughout negotiations. This approach will enable a home seller to listen to what a homebuyer has to say at all times. And if a home seller maintains an open approach, he or she increases the likelihood that all parties involved in negotiations will get the best possible results.
If you ever need extra assistance as you prepare to list your residence, you can always reach out to a real estate agent too.
Even a diligent home seller will collaborate with a real estate agent to get home selling guidance. That way, a diligent home seller can move one step closer to optimizing the value of his or her residence.