The DiRoberto Team's Blog
Let's face it – selling a home may prove to be a long, arduous process, particularly for those who are listing a residence for the first time. Fortunately, we're here to help you simplify the home selling journey and ensure you can enjoy a pleasant home selling experience.
Now, let's take a look at three tips to make the home selling process quick and easy.
1. Evaluate Housing Market Data
The housing market frequently changes, and a seller's market today may transform into a buyer's market tomorrow. However, if you analyze housing market data, you can understand real estate segment trends and map out your home selling journey accordingly.
Take a look at the prices of recently sold houses in your city or town. This information can help you differentiate between a buyer's and seller's market.
Also, evaluate the prices of local houses that are similar to your own. This data will show you how your residence stacks up against the competition.
2. Hire a Home Appraiser
Although you might have received a great price for your house a few years ago, the value of your home likely has changed. As such, you should conduct a home appraisal to receive an accurate property valuation.
A home appraiser will look at your house's exterior and interior, along with assorted housing market data. Then, this appraiser can provide you with a valuation of your property. And once you have a property valuation in hand, you can determine how to price your house.
In addition, it often helps to complete a home inspection prior to listing your residence. Because if you perform a home inspection today, you can identify and correct any home problems that otherwise may slow down the home selling process.
3. Collaborate with a Real Estate Agent
If you're unsure about where to find housing market data or how to hire a home appraiser, there's no need to worry. Real estate agents are available in cities and towns nationwide, and these housing market professionals will do whatever it takes to help you sell your house.
A real estate agent is a housing market expert who is available to assist you in any way possible. For instance, if you need help pricing your house, a real estate agent can make it easy to establish a competitive initial asking price. Or, if you are debating whether to accept or reject a buyer's proposal, a real estate agent can help you make an informed decision.
Let's not forget about the comprehensive support that a real estate agent provides in the days and weeks after you accept an offer, either. This housing market professional will keep you up to date about a home purchase agreement as closing day approaches. And if you ever have home selling concerns or questions, a real estate agent is happy to respond to them.
Ready to list your residence? Take advantage of the aforementioned tips, and you can increase the likelihood of a fast, simple home selling journey.
Anyone who has been into real estate long enough knows that the home buying process is entirely different from the home selling process. Most home sellers are first-time sellers who intend to move from their current home due to job search, increasing family, or maybe just to experience a new neighborhood. They tend to run into several roadblocks because they are not familiar with the process. Which is why this guide was compiled to help you navigate your way through the real estate world.
- Make Your Home Market Ready. A recurring mistake first-time home sellers make is to wait until their homes are listed before preparing it for the market. Such a delay can cost you both your time and potential buyers. Like every other commodity in the market, home buyers take the time to inspect a house thoroughly before closing the deal on the sale. Little home improvements will go a long way to increase your chances of attracting more buyers and closing the deal sooner. Therefore, it is advisable to take the time and run a complete makeover on your home before listing it. Of course, it involves putting out some cash. You should see this effort as an investment because it will increase your chances to upsell the house.
- Get a Real Estate Agent. Hiring a real estate agent is a crucial step in selling your home as a first-time home seller. You apparently lack the know-how to strike and close a good deal. A professional agent, on the other hand, has all it takes to sell your home at the fastest possible time and the highest possible price. Be sure to evaluate more than one agent before choosing an agent with whom to list. The agent who helped you with buying your home is not always the smart choice when selling your home. Agents differ. Look for one who has a good record and not one struggling to find its feet in the real estate world. Why? Because your chances of striking and closing a great deal at the fastest possible time depend primarily on your agent. Go for the pro!
- Timing! Timing!! Timing!!! You cannot overemphasize the effect of timing. Yes, location matters but the timing matters just as much. Endeavor to study the market and know the right time to list. The market usually fluctuates throughout the year. Learn about the sellers' market, the buyers market and the balanced market before listing. Listing during the sellers' market drastically increases your chances of selling your house faster and at a great price too. Know your market!
- Set the Right Pricing. Pricing is one of the primary reasons some homes stay forever in the market. Who wants to buy an overpriced property? Nobody! Home buyers want to get the bang out of their buck. Therefore, it is safe to set the pricing after a careful analysis of the current market. This task is better handled by a professional real estate agent who knows the best pricing method to apply at different ‘states' of the market.
If you’re ready to put your home on the market, call a local realtor today.
So many great features that make up many clients’ dream homes can actually be a hindrance in selling a home down the road. While certain features in a home may be attractive to you, remember that all buyers are not looking for the same thing. Beware of the following perks and how they can affect your plans to sell a home in the future.
While having schools close in the neighborhood is a plus, not everyone sees it that way. A nearby school is fantastic if there are young children in the family, however, if a buyer doesn’t have young children, living near a school could be seen as a hinderance. Not only will there be an excess of foot traffic in the area, but there will be a lot of traffic, in general, each school day as buses and cars head to and from the school. The extra noise factor from the school may also turn off some buyers.
Being In The Heart Of The City Or Town
Some people love to be in the heart of the action. A bustling neighborhood with tons of shops and restaurants and constant activity can be the life that you or someone you know is looking for. If you buy a home on one of these main stretches, but, it could be a hard sell should you decide to move. These property locations are targeting a specific kind of buyer and it could be hard to find them. Unless you live in a strictly urban area, you may want to think twice about the property location. Not only could it be a hard sell later, but you as an owner may get sick of the constant action very quickly.
A Swimming Pool
If you live in a place where the weather is always warm and a pool is a requirement, then putting a pool in your home makes sense. In more variable temperature regions, a pool is not always the best idea. Pools require a lot of maintenance and can be a significant investment. Think of how much of the year a pool is actually usable in your area. The biggest issue with swimming pools is that while they are a luxury, they really don’t add value to the home. In some cases, a pool can end up detracting value and interest from a property.
A Big Yard
While a large backyard can be attractive, not every homeowner wants to care for such a large amount of space. These large yards can take a significant investment of both time and money to maintain. A large yard attracts a certain type of buyer. Not that you can restructure property lines, but know that bigger isn't always better when it comes to a home’s outdoor space.
As a home seller, it sometimes can be tough to balance short- and long-term goals. Lucky for you, we're here to help you streamline your house selling efforts and ensure you can maintain your focus as you proceed along the property selling journey.
Now, let's take a look at three tips to help you stay on course after you list your residence.
1. Establish a Home Selling Timeline
A home selling timeline can help you take the guesswork out of selling your residence. This timeline enables you to determine what tasks you will need to complete as you navigate the property selling journey. Plus, it can help you get a good idea about how much time you will need to sell your residence.
Be flexible with your home selling timeline. Remember, unexpected problems may arise at any point during the home selling journey, and these issues may slow you down. But if you maintain flexibility, you can address any potential home selling hurdles and finish the home selling journey as quickly as possible.
2. Create Home Selling Goals
With home selling goals in place, you can achieve many milestones throughout the property selling journey. These goals can help you stay focused as you complete each step of the home selling process. They also enable you to enjoy a sense of accomplishment as you finish a wide range of tasks when you sell your home.
You can create as many or as few home selling goals as you'd like. As you set up goals, you should consider the steps that you'll need to complete as well. This may allow you to further accelerate the home selling journey.
3. Work with a Real Estate Agent
If you are unsure about what to expect during the home selling journey, you may want to find a real estate agent. Because if you have a real estate agent at your side, you can get the help you need to maintain your focus throughout the property selling journey.
A real estate agent understands exactly what it takes to sell a home in any real estate market, at any time. First, he or she will help you establish a home selling strategy. This housing market professional next will promote your residence to potential buyers and help you review any offers to purchase your home. And if you accept an offer to purchase, a real estate agent will make it simple for you to complete the final steps of the property selling journey.
Let's not forget about the expert guidance that a real estate agent provides, either. A real estate agent is happy to respond to a home seller's concerns and questions. As a result, a real estate agent will help a home seller make informed decisions as the property selling journey progresses.
Maintain your focus as you sell your home – use the aforementioned tips, and you can remain on track throughout the house selling journey.
If you are looking to sell your home and move out of a major city, there is no need to worry. In fact, there are many quick, easy ways to ensure that you can enjoy a seamless home selling experience, even if your residence is located in the heart of a major city.
Now, let's take a look at three tips for selling a home in a major city.
1. Know Your Target Homebuyer
Think about what led you to buy your city home in the first place. Then, you can put together a home listing that highlights your home's features, thereby increasing the likelihood that your house will generate plenty of interest from potential buyers.
When you create a home listing, think about a city homebuyer's perspective. By doing so, you can ensure that your home listing hits the mark with the right group of buyers.
For example, if your home is located near popular city attractions, it may be worthwhile to include this information in your home listing. Or, if your home includes a new roof and other upgrades, you should incorporate lots of details about these upgrades into your home listing.
2. Establish an Aggressive Price for Your Residence
What you originally paid for your city home is unlikely to match the value of your residence today. However, with a comprehensive approach to analyzing your home's strengths and weaknesses, you can establish an aggressive home listing price from day one.
It often pays to conduct a home appraisal prior to adding a city home to the real estate market. During a home appraisal, a property expert will evaluate your residence, as well as compare and contrast your house against similar homes. After a home appraisal is finished, you will receive a property valuation that can help you set a competitive initial asking price for your house.
Don't forget to check out the prices of comparable houses in your city, either. With this housing market data at your disposal, you can see how your residence stacks up against the competition and price it accordingly.
3. Collaborate with a Real Estate Agent
If you're unsure about how to put together a home listing, price your residence or perform assorted home selling tasks, you should contact a local real estate agent. By hiring a real estate agent, you can receive expert assistance as you try to sell your city residence.
A real estate agent understands the ins and outs of selling a house in any city, at any time. Therefore, this housing market professional will make it easy for you to maximize the value of your city home.
Oftentimes, a real estate agent will meet with you and learn about your home selling goals. He or she then will add your city residence to the real estate market, promote it to potential buyers and keep you up to date throughout the property selling journey.
When it comes to selling a home in a major city, it helps to take an informed approach. Use the aforementioned home selling tips, and you can boost your chances of enjoying a fast, profitable home selling experience.