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.
Believe it or not, your unfinished basement can make or break your home in the eyes of a prospective homebuyer. And ultimately, your basement may dictate whether a homebuyer makes an offer or considers other residences. An unfinished basement represents an opportunity for home sellers around the country. And those who devote the necessary time and resources to improve the quality of their homes' unfinished basements could reap the rewards of a fast sale. So what does it take to revitalize an unfinished basement? Here are three basement improvement tips that every home seller needs to know about: 1. Use floor mats. Your basement's concrete floor likely remains cold and unattractive. Fortunately, foam mats can help you add a splash of color and improve your basement floor's appearance instantly. Foam mats come in a variety of shapes and colors, ensuring you'll be able to find mats that fit your basement floor beautifully. Plus, these mats can help you showcase the true value of your unfinished basement to prospective homebuyers. Whether homebuyers want to use an unfinished basement as a workout area, a den or a workspace, you can leverage floor mats to create an awe-inspiring setting that helps transform a bland basement into an exceptional one. 2. Install storage. Want to show off the massive amount of space available in your home's unfinished basement? Installing shelves and using storage units to your advantage enables you to highlight how an unfinished basement can serve as a great storage area. From storing sports gear to tools and everything in between, your basement can serve as a one-of-a-kind storage space that enables you to keep excess items out of sight. And with the right storage units in place, you'll have no trouble showing prospective homebuyers what it's like to stay organized and maximize the space available in your unfinished basement. 3. Stop the moisture. Notice a wet, damp smell that lingers across your basement? Moisture likely is the culprit behind this odor. However, you can eliminate moisture and the associated smell by picking up a dehumidifier. With a dehumidifier, you will be able to eliminate moisture without delay. And in the event of moisture that causes leaks and puddles in your basement, you may need to consider weatherproofing your basement to keep moisture at bay consistently. When it comes to your unfinished basement, you'll want to do everything you can to ensure it serves as an asset – not a liability. But those who are committed to improving the quality of an unfinished basement can take the right steps to minimize moisture and its associated odor. Remember, your unfinished basement is an important part of your home. And even though your basement may be one of the final areas a prospective homebuyer examines, you'll want to make this space as attractive as possible. Enhance the quality of an unfinished basement to ensure this space can help you boost your home's attractiveness to prospective homebuyers. By doing so, you may be able to increase your residence's value and generate interest in your home from a wide range of homebuyers.
Garages aren't just for parking cars and storing all of your stuff. The garage could just be the key to selling your home. Homeowners don't typically think of putting much effort in the garage when preparing a home for sale. Investing a little time and effort into staging your garage could just be the difference from for sale to sold. Follow these quick and easy steps to a garage home buyers dream of. 1. Get organized. Everyone loves storage. Show off your garage and make it a selling point. One of the best ways to showcase your garage is an organized place where buyers can picture their things. Shelves, bins and storage closets are available at any local hardware store. When your garage looks spacious and organized it is more appealing and may even result in the buyer feeling like they are gaining square footage. 2. Light it Up Lighting can make all the difference. Replace dangling, plain bulbs with fixtures or strip lighting. Adding an eight-foot fluorescent light strip can turn your garage from dark and dreary to open and inviting. 3. Finishing Touches Garages that have appealing floors and walls go a long way in the buyer's eyes. Concrete garage floors can be coated with an epoxy resin-based paint or rubber mats and tiles. This hides spills and makes cleaning a lot easier. Don't forget the walls. Adding sheet rock makes a very clean surface and makes the garage feel more like a finished space. The sheet rock can also be painted to create a warmer atmosphere. 4. Properly working doors There is nothing worse than a garage door in disrepair. Garage door openers should be quiet and have safety mechanisms in place. Have the garage doors evaluated by the garage door company that installed it or sometimes all it needs is a good oil job to lubricate it.
Did you know that home sellers that use a real estate professional on average get 16% more in the sale of their home? In rare instances, some people are able to sell their own homes without the services of a real estate agent but for most it is tricky business. Here are a few reasons why you can't sell your own home. 1. A home for sale needs to be in the MLS (multiple listing service). You need to be a licensed real estate broker or agent to be able to put a home in the MLS. Not having your home in the MLS is problematic, it will be difficult to advertise your home on many home search engines and websites. 2. Many real estate agents won't show homes that are for sale by owner. For a real estate agent it can be difficult to deal directly with a home seller. Agents are used to receiving a commission on the sale and without a written agreement there is no guarantee that the buyer's agent will be compensated for his or her services. Not having the cooperation of local agents significantly limits the pool of potential buyers. 3. Many buyers do not want to deal directly with the seller. Potential buyers usually feel uncomfortable looking at a home if the owner is present. They will also be less likely to make an offer if they have to negotiate directly with the seller. Real estate agents create a much needed buffer between the seller and the buyer. 4. A real estate transaction is not always easy. Many times there are potential liability issues. Sellers would need to be well schooled in the real estate laws especially surrounding escrow and disclosure requirements.
One of the worst things that can happen to a would-be home seller is when the home never sells and expires from the multiple listing service. Waiting week after week or month after month for an offer is frustrating. Selling a home can be a stressful and emotional experience and when it doesn't sell there are a number of questions to ask before making the next move. Here are just a few to consider: