Our Real Estate Blog
Real estate market data is readily available to home sellers across the United States. With this information at your disposal, you should have no trouble maximizing the profits from your home sale.
Now, let's take a look at three real estate market data that every home seller needs to check out before listing a residence.
1. Prices of Comparable Houses
Let's face it – determining a competitive price for your house may prove to be difficult, regardless of your home's age or condition. Fortunately, if you analyze the prices of comparable residences in your city or town, you can better understand how your house stacks up against the competition and price it appropriately.
Furthermore, it may be beneficial to conduct a home appraisal prior to listing your house. This appraisal enables a home expert to assess your house both inside and out. Then, you'll receive an appraisal report that contains a property valuation, which may help you determine a competitive price for your house.
2. Prices of Recently Sold Houses
Are you preparing to enter a buyer's or seller's market? Review the prices of recently sold houses in your area, and you can find out whether the current housing market favors buyers or sellers.
If home sellers are receiving offers at or above their initial home asking prices, now may be an ideal time to list your residence. Thus, you may want to add your house to the real estate market sooner rather than later to capitalize on a housing sector that likely favors sellers.
Conversely, if home sellers are receiving offers below their initial home asking prices, you may want to allocate significant time and resources to find ways to improve your house. Because if you enhance your house's exterior and interior, you may be able to help your house stand out from the competition and increase the likelihood of a profitable home sale.
3. Average Amount of Time That a House Is Listed
Check out how long houses stay on the real estate market before they are sold – you'll be glad you did. With this housing market data in hand, you can assess the pulse of the real estate market and map out your home selling journey accordingly.
If you need help collecting or analyzing real estate market data, there is no need to worry. Hire a real estate agent today, and you can gain the insights that you need to make informed decisions throughout the home selling journey.
A real estate agent is a housing market expert who is happy to help you in any way possible. He or she will provide recommendations about how to price your house and improve your home's interior and exterior. Plus, a real estate agent is available to respond to any of your home selling concerns or questions, at any time.
Ready to list your home? Review the aforementioned housing market data, and you can obtain deep insights into the real estate sector prior to selling your house.
If you're getting ready to put your home on the market, the thought of organizing, cleaning, and arranging it may seem like an overwhelming project!
Knowing where to begin and how much money to spend on home staging and decorating are among the many questions that may be flooding your mind, right now.
The key to success is to make as much of an impact as possible, without spending more money than necessary.
One way to avoid "spinning your wheels" when it comes to maximizing the appearance of your home is to work with an experienced real estate agent. A good agent will quickly notice aspects of your home that need attention and advise you on the most cost-effective ways to improve its marketability. If they've shown dozens (or more) houses in their career, they'll be very familiar with all the things that attract buyers, as well as what repels them.
Although everyone has different tastes and expectations, many house hunters are attracted to gleaming hardwood floors, energy efficient windows, and stainless steel appliances. While it may not be cost effective to have new floors, appliances, and windows installed to sell your house faster, you can make the best possible impression by making sure the windows are crystal clear, hardwood floors are polished, and appliances are clean and shiny.
Since many house hunters pay close attention to the kitchen, it's especially important to win their approval on appearance and cleanliness. Because food is prepared and often consumed in the kitchen, it's going to be one of the more challenging rooms to keep clean -- especially if you have children. However, if a prospective buyer is wavering between two houses for sale, you can be reasonably sure that the one with the clean kitchen and bathrooms will be their preferred choice.
There are a lot of other ways you can make your kitchen appealing to buyers, too. By minimizing clutter on counter tops and displaying fresh flowers and a colorful bowl of fruit, you can make your kitchen look much more inviting. Prospective buyers will also respond favorably to appealing fragrances, such as freshly baked bread, cookies, cinnamon buns, or coffee. Clean windows, attractive curtains, and plenty of natural light will also add to the ambiance of your kitchen.
The ideal reaction from potential buyers touring your home would be something to the effect of "I can imagine us preparing dinner, entertaining guests, and sitting around the breakfast table in this house!" Setting the table so that it looks like the family is just about to sit down for a meal together is one way to help convey that image. The encouraging news is that when someone expresses sincere appreciation for the comforts and features of your home, there's a good chance they'll find a place for it on their short list of possibilities!
Ready to sell your condo? Ultimately, listing a condo can be simple, particularly for condo sellers who plan ahead.
Now, let's take a look at three questions that condo owners need to consider before listing their properties.
1. What do I need to do to sell my condo?
Condo rules and regulations vary. As such, you should consult with your homeowners' association (HOA) to find out if there are any requirements related to selling your condo.
For example, an HOA may require a new property buyer to receive HOA board approval to purchase a condo in a particular community. Or, if you have outstanding condo fees, you probably will need to pay off these charges before you can sell your property.
2. How much is my condo worth?
Although your condo community likely hires landscapers to help keep your property looking great, it is important to understand that a condo's interior plays an important role in the property's value. Thus, you should allocate the necessary time and resources to upgrade your condo's interior. This will enable you to improve your condo's interior and help it stand out to property buyers, thereby increasing the likelihood of a quick condo sale.
In addition, completing a property appraisal usually is an excellent idea. A property appraiser will inspect your condo and evaluate various housing market data to help you pinpoint the value of your residence. Then, you can obtain a property valuation that can help you establish a competitive price for your condo.
3. Do I need to hire a real estate agent?
When it comes to selling a condo, it often pays to hire a real estate agent. However, it is important to note that no two real estate agents are identical, and you should try to find a real estate agent who possesses extensive condo selling expertise.
Let's face it – a condo is very different from a house. A condo owner does not have to worry about property exterior maintenance in the same way that a homeowner does. Conversely, a condo owner must follow HOA requirements; otherwise, this property owner may face steep penalties.
A real estate agent with condo selling expertise understands the pros and cons of owning a condo. Therefore, this housing market professional knows how to work with condo sellers and ensure these individuals can achieve their desired results.
Typically, a real estate agent will meet with a condo owner and learn about his or her property selling goals. After the meeting, a real estate agent will help a condo owner map out a successful condo selling journey.
Perhaps best of all, a real estate agent with condo selling expertise is ready to respond to a property seller's concerns and questions. This housing market professional also will go above and beyond the call of duty to exceed a condo seller's expectations.
Take the guesswork out of selling your condo – consider the aforementioned questions, and you can speed up the property selling process.
If you want to sell your home, it generally is a good idea to enhance your residence's exterior. That way, you can improve your house's curb appeal and make your residence an attractive choice to prospective buyers. Furthermore, with a terrific home exterior, you may be able to help your residence stand out to potential buyers and increase the likelihood of a fast house sale.
Now, let's take a look at three tips to help you revitalize your house's exterior.
1. Repair Damaged Siding
Cracked or chipped home siding is unlikely to do you any favors, particularly in a competitive real estate market. Fortunately, home sellers who allocate time and resources to repair damaged siding can transform an ordinary home exterior into a pristine one.
Oftentimes, it can be simple to correct home siding damage on your own. On the other hand, if you require professional assistance, there is no shortage of home exterior experts available in cities and towns nationwide.
2. Perform Home Landscaping Tasks
Let's face it – a lawn that is loaded with weeds and high grass is an eyesore that a home seller can live without. Thankfully, you can mow the lawn, trim the hedges and complete other home landscaping tasks in no time at all.
In many instances, home landscaping tasks can be finished over the course of a few hours, depending on the size of your home and the tasks you need to complete. Of course, you should continue to perform home landscaping tasks weekly or bi-weekly to ensure your lawn looks great at all times.
3. Remove Lawn Decorations
Lawn decorations may help you distinguish your residence from others. At the same time, they may make it tough for a buyer to envision what life may be like if he or she purchases your residence.
When it comes to lawn decorations, it usually is beneficial to err on the side of caution. If you remove lawn decorations, you can instantly bolster your home's curb appeal.
As you explore ways to upgrade your house's exterior, you may want to consult with a real estate agent too. In fact, with a real estate agent at your side, you can streamline the property selling process.
Typically, a real estate agent can serve as a guide throughout the home selling journey. He or she is happy to teach you about the home selling journey and ensure you can prepare your residence accordingly. Plus, a real estate agent will promote your residence to prospective buyers, offer home selling tips and recommendations and more.
For those who want to enjoy a seamless home selling experience, it may be helpful to upgrade your house's exterior sooner rather than later. Remember, a dazzling home exterior may make it simple for you to differentiate your residence from the competition. And as a result, a stunning house exterior could help you generate lots of interest in your house and maximize your home sale earnings.
Preparing to list a house can be a stressful time for any home seller. Fortunately, we're here to help you alleviate stress as you get ready to add your home to the real estate market.
Now, let's take a look at three tips to help you minimize stress as you prepare to list your residence.
1. Reach Out to Family Members and Friends for Help
Family members and friends generally are ready to lend a helping hand whenever they can. As such, you should reach out to loved ones to help you reduce stress as you get ready to sell your house.
Remember, family members and friends have your best interests in mind. These loved ones will do whatever they can to assist you, even tough jobs like helping you clean your residence or remove clutter. Thus, you can work with family members and friends to ensure you can prepare your residence for the real estate market in no time at all.
2. Don't Hesitate to Contact Professionals
Perhaps one of the best ways for a home seller to minimize stress is to hire professional assistance. Because if you have professionals at your disposal, you can get the help you need to instantly enhance your house.
Whether it's home cleaners, landscapers or other professionals, you can quickly and effortlessly find plenty of top-notch professionals in your area to help you complete various home upgrades. If you hire any of these professionals today, you can accelerate the process of prepping your house for the real estate market.
3. Collaborate with a Real Estate Agent
If you intend to sell your house and want to get the best-possible results, you should hire a real estate agent. With a real estate agent at your side, you can receive expert support to help you manage stress at each stage of the home selling journey.
Typically, a real estate agent will meet with you to learn about you and your home selling goals. He or she then will craft a personalized home selling strategy designed to help you accomplish your desired results as quickly as possible. Plus, a real estate agent can offer plenty of tips to help you upgrade your residence prior to adding it to the housing market.
A real estate agent will go above and beyond the call of duty throughout the home selling cycle too. He or she will set up open houses and home showings, promote your residence to the right groups of buyers and help you review offers to purchase your residence. Furthermore, if you ever have concerns or questions during the home selling journey, a real estate agent is happy to respond to them.
Stress can be problematic, particularly for a home seller who is unsure about how to prep his or her residence for the real estate market. Thanks to the aforementioned tips, you should have no trouble improving your residence and ensuring it stands out to potential buyers.