Cheryl Phelan's Blog
Selling a house should be a fast, simple process. Unfortunately, potential pitfalls may arise that make it tough to achieve the best-possible home selling results.
Lucky for you, we're here to help you prepare for the home selling journey.
Now, let's look at three steps that every home seller should take before listing a house.
1. Evaluate the Real Estate Market
The housing market fluctuates week to week. Thus, a real estate market that favors sellers one week may favor buyers the following week, or vice-versa.
A home seller should examine real estate market data closely. By doing so, this seller can analyze housing market patterns and trends and plan accordingly.
Take a look at the prices of recently sold houses in your city or town. This housing market information will allow you to see how long homes were listed before they sold and help you set realistic expectations for the home selling journey.
Also, examine the prices of local residences that are comparable to your own. With this housing market data, you may be better equipped than ever before to establish a competitive price for your house.
2. Conduct a Home Inspection and Appraisal
Don't wait to conduct a home inspection and appraisal. If you perform these assessments before you list your house, you can gain valuable home insights that you might struggle to obtain elsewhere.
During a home inspection, a property expert will assess your house both inside and out. Then, this property expert will provide an inspection report that you can use to prioritize assorted home repairs and upgrades.
Meanwhile, a home appraisal can help you determine the present value of your house. The appraisal will be conducted by a property expert who will examine your house, as well as review myriad data about homes in your neighborhood and the local real estate market. Next, this property expert will provide a property valuation that can help you determine how to price your residence.
3. Hire a Real Estate Agent
A real estate agent understands the challenges commonly associated with selling a house. Fortunately, this housing market professional also knows how to identify and address these challenges early in the home selling process, increasing the likelihood of a quick, profitable home sale.
Typically, a real estate agent will meet with you and learn about your home selling goals. He or she then will help you put together a strategy to sell your home quickly and maximize your earnings.
When it comes to promoting a residence to potential buyers, a real estate agent knows exactly what to do too. He or she will help you craft an engaging and informative home listing that hits the mark with the right buyers. Plus, a real estate agent will host open house events and home showings to provide buyers with plenty of opportunities to view your house.
Want to list your house? Follow the aforementioned steps, and you can boost your chances of a terrific home selling experience.
For those who want to achieve the best-possible results during the house selling journey, it helps to plan ahead. Fortunately, we're here to help you get ready to list your home and enjoy a seamless property selling experience.
Now, let's take a look at three items that every seller needs to pick up before listing a house.
1. Cleaning Supplies
A stunning home interior can make a world of difference in the eyes of property buyers. Thus, you should purchase cleaning supplies to ensure that you can transform your house's interior from drab to fab.
Cleaning supplies are easy to find at any grocery or convenience store and won't force you to break your budget. Plus, they often come with instructions so you can use these supplies for maximum effectiveness.
2. Lawn Care Equipment
In addition to improving the look of your home's interior, you'll want to do everything possible to bolster your residence's curb appeal. Because if potential buyers drive past your home and like what they see, these individuals may be more inclined than ever before to schedule a property showing.
A lawn mower, hedge trimmer and other lawn care equipment are paramount for a home seller. With this equipment at his or her disposal, a seller can improve a house's curb appeal. And as a result, this individual can help make his or her home an attractive option for prospective buyers.
3. Hand Tool Set
A hand tool set will serve a home seller well even after this individual sells his or her house. This set includes a hammer, wrenches, screwdrivers and other essential tools that will make it easy for an individual to perform quick fixes around a house.
In most instances, a standard hand tool set includes everything that a home seller will need to complete basic house repairs. And remember, an individual can always add to his or her hand tool set down the line too.
As you prepare to list your home, there are lots of things that you can do to differentiate your residence from the competition. In fact, if you collaborate with a real estate agent, you can receive comprehensive home selling insights that you may struggle to obtain elsewhere.
A real estate agent is happy to offer honest, unbiased property selling recommendations. He or she can help you get your residence ready for the housing market and ensure it generates plenty of interest from potential buyers. Also, a real estate agent will show your residence to prospective buyers, keep you up to date about any offers to purchase your house and much more.
Perhaps best of all, if you have concerns or questions during the home selling journey, a real estate agent is ready to respond to them. This enables you to gain expert home selling insights and receive the support you need to succeed.
Employ a real estate agent today, and you can begin a successful home selling journey.
A home appraisal is paramount for a house seller. If a seller enters the real estate market with an appraisal report in hand, he or she can use the report's property valuation to determine the optimal price for a residence. Then, this individual can set an aggressive price for his or her house from day one of the home selling journey.
Ultimately, not all home appraisers are equal. Some of the key factors to consider as you weigh the pros and cons of hiring a home appraiser include:
1. Industry Experience
Hire a home appraiser who knows the ins and outs of the real estate industry – you will be happy you did. If you have a real estate expert at your side, you can receive a data-driven appraisal of your house.
Oftentimes, it helps to perform lots of research before you hire a house appraiser. If you reach out to an appraiser directly, you can learn about his or her industry expertise. Plus, you can use this opportunity to receive immediate responses to any home appraisal questions.
2. Client Referrals
Although it may be tough to determine exactly how an appraiser will analyze a house, it generally is a good idea to explore how past clients feel about this professional. If you request client referrals, you can get in touch with an appraiser's past clients. You then can receive firsthand insights about what it is like to work with this appraiser.
Typically, a home appraiser can provide client referrals upon request. If you allocate time and resources to request client referrals and connect with an appraiser's past clients, you could increase your chances of hiring a top-notch appraiser to assess your residence.
3. Your Home Selling Timeline
There is no guarantee that a home appraiser will be available on short notice. If you are operating on a tight home selling timeline, you may want to reach out to multiple home appraisers in your city or town. That way, you can find a first-rate home appraiser who can review your residence right away.
As you get set to add your house to the real estate market, you may want to hire a real estate agent, too. This housing market professional can put you in touch with the top home appraisers in your area. Also, he or she is happy to lend a helping hand at each stage of the property selling journey.
Let's not forget about the assistance that a real estate agent will provide after you list your house, either. At this point, a real estate agent will promote your residence to potential buyers. And if you receive an offer to purchase your house, a real estate agent will help you make an informed decision about whether to accept, reject or counter this proposal.
Ready to add your house to the real estate market? Hire a home appraiser, and you can receive a property valuation that you can use to price your residence competitively from day one of the house selling journey.
There is a lot to think about when you know you’re ready to sell your home. The best approach is to take things step-by-step in order to get everything right.
Make Necessary Repairs
Before you even decide to put a “for sale” sign out front, you’ll want to address the problems in your home that you know about. If the roof needs to be replaced, or you know you need a new refrigerator, you should tend to those things as soon as possible. While these items can be an expense for you, completing these things before the sale of the home will increase the value of the home and save you some aggravation when it comes time for the home inspection.
Don’t forget about the small details as you look at what needs to be done on your property. Does the doorbell ring? Are the lightbulbs all working? These small details are just as important as the big stuff.
Find A Real Estate Agent
Finding a real estate agent isn’t a one-size-fits-all job. You want an agent who understands your needs and is an expert in your particular market. You can check with your family and friends to see if they have a particular agent who they recommend. Also, you might check out reviews online to help you discover an agent. Do you have a particular agency in mind? Give them a call and they can set you up with one of their agents. Many agents will be happy to provide a number of references of recent sales if you inquire.
Find Out How Your Home Will Be Marketed
If your home won’t be on social media, there’s something wrong with the marketing plan. You’ll need lots of good photos and maybe even a video tour of your home. You should definitely be sure that your home is being marketed on YouTube, Facebook, and Instagram to name a few social networks. These networks even offer paid ads to help you reach the right buyers. Talk with your realtor to see what the plan for marketing your home sale is.
Prepare For Home Showings
While you still might need to live in your home while you’re selling it, you want the property to be presentable. Start at the curb of your home and work your way to the inside. The property should look presentable from the moment buyers pull up to the house. The lawn should be mowed, the landscaping should be trimmed, and the inside of the home should be thoroughly cleaned. This will seal the deal on the sale of your property after all of the other hard work has been done.
When it comes to selling a house, there is no reason to operate as a "basic" home seller. Instead, you can become a "responsive" home seller, i.e. someone who goes above and beyond the call of duty to get the best price for his or house.
Ultimately, becoming a responsive home seller may be easier than you think – here are three tips to ensure you can enter the real estate market as a responsive home seller.
1. Track Housing Market Patterns and Trends
As a responsive home seller, you'll want to monitor the real estate market closely. By doing so, you'll be better equipped than other property sellers to identify housing market trends and respond accordingly.
For example, if you notice a large collection of available houses and a shortage of property buyers, this likely indicates a buyer's market reigns supreme. In this market, you may face steep competition as you try to sell your house.
On the other hand, if you find that many high-quality residences are selling quickly, a seller's market may be in place. And in a seller's market, you may be better equipped than ever before to enjoy a fast, seamless home selling process.
A responsive home seller will be able to differentiate between a buyer's and seller's market. Then, this home seller can map out his or her home selling journey accordingly.
2. Remain Open to New Ideas
Selling a home often requires plenty of persistence and hard work. For responsive home sellers, it also requires flexibility and patience.
Typically, a responsive home seller will be happy to listen and respond to past home sellers' advice. This home seller will be open to learning from past home sellers' successes and failures and using their insights to make informed home selling decisions.
For those who want to become responsive home sellers, feel free to reach out to family members and friends who have sold houses in the past. This will enable you to gain deep insights into the home selling process that you might struggle to obtain elsewhere.
3. Collaborate with a Real Estate Agent
With a real estate agent at his or her side, an ordinary home seller can become a responsive property seller in no time at all.
A real estate agent will communicate with a home seller throughout each stage of the home selling cycle. Meanwhile, a responsive home seller will listen to this housing market professional and work with him or her to achieve the optimal results.
Furthermore, a real estate agent will be available to respond to a home seller's concerns and queries. At the same time, a responsive home seller will be ready to collaborate with a real estate agent via phone calls, emails and texts.
Use the aforementioned tips to become a responsive home seller – you'll be happy you did. Responsive home sellers may be more likely than other property sellers to seamlessly navigate the home selling cycle and maximize the value of their residences.