Bruno Real Estate Advisors' Blog
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.
Don't let your neighbors get in the way of a fast, easy and profitable home sale. Instead, home sellers can take advantage of the following tips to prevent neighbors from sabotaging a property sale:
1. Talk to Your Neighbors Before You List Your House
Communication can play a key role in the home selling process. As such, maintaining open communication with your neighbors can make a world of difference, particularly for those who want to reap the benefits of a quick, simple home sale.
Reach out to your neighbors before you add your residence to the real estate market. This will allow you to outline your home selling plans to your neighbors.
Also, don't be afraid to ask your neighbors for support.
In most cases, neighbors will be happy to help you achieve your home selling goals. And if your neighbors keep their houses looking great, they may be able to create an attractive neighborhood that helps your property stand out in a competitive real estate market.
2. Respond to Neighbors' Concerns and Questions
Neighbors may have many concerns and questions about your decision to sell your home. With an open approach, you can respond to neighbors' concerns and questions with ease.
If you've lived in your neighborhood for many years, you've likely become close to your neighbors and may consider them to be friends. Therefore, it may be difficult to share the news that you intend to sell your house.
However, try to stay calm, cool and collected as you discuss your home selling plans with neighbors. And remember, even though you plan to live elsewhere in the near future, you can still keep in touch with your friends at any time.
You can always lean on neighbors for home selling advice too. If neighbors have sold houses in the past, they may be able to offer expert insights into the home selling cycle that you might struggle to obtain elsewhere.
3. Consult with a Real Estate Agent
When it comes to selling your house, meeting with your neighbors can help you get the best results possible. Of course, if you work with a real estate agent, you should have no trouble navigating the property selling process as well.
A real estate agent understands what it takes to list a residence and stir up interest from homebuyers. This housing market professional can teach you about the ins and outs of the real estate sector. Plus, he or she will set up open houses and home showings, keep you up to date about offers on your house and negotiate with homebuyers on your behalf.
Perhaps best of all, a real estate agent is happy to respond to any of your home selling queries. Thus, if you're unsure about how to discuss your home selling plans with neighbors, your real estate agent can provide you with plenty of help.
Ready to add your house to the real estate market? Use these tips, and you can include your neighbors in the home selling journey.
If you intend to list your house, it helps to determine a competitive initial home asking price. That way, you can stir up plenty of interest in your residence as soon as it becomes available.
Ultimately, there are many reasons to establish a competitive price for your home, and these include:
1. You can boost the likelihood of a quick, profitable home sale.
A competitive home price is sure to garner homebuyers' attention. Thus, it may help your house stand out to potential buyers, increasing the likelihood of a quick, profitable home sale.
Oftentimes, it helps to review the prices of comparable houses in your city or town before you list your residence. If you understand the prices of similar homes in your area, you can set a competitive price from day one. With this price in place, you can generate interest in your home and move one step closer to selling your house.
2. You can minimize the risk of alienating potential buyers.
A home's price is one of the key factors that a buyer will consider as he or she evaluates the real estate market. If your home is overpriced based on its age and condition, you risk alienating potential buyers. And if no buyers show interest in your home, you may be forced to lower your home's price down the line.
Setting a competitive home price requires you to take a close look at your residence and examine its pros and cons. If you can identify your house's strengths and weaknesses, you'll be better equipped than ever before to understand the buyer's perspective. Then, you can establish a price in line with buyers' expectations.
Furthermore, it may be beneficial to conduct a home inspection before you list your residence. This inspection enables you to gain comprehensive insights into any underlying home problems. As a result, you can use the inspection to identify any home issues and ensure these problems won't prevent you from maximizing the profits from your home sale.
3. You won't have to worry about selling yourself short.
A competitive home price likely is based on a wide range of housing market data and a house's age and condition. Therefore, it helps minimize the risk that you'll sell yourself short.
By establishing a competitive home price, you can feel confident that your residence is priced fairly. And if you deploy a data-driven approach to selling your house, you should have no trouble establishing a competitive home price.
Lastly, if you need help determining how to price your house, you may want to hire a real estate agent. This housing market professional can offer expert insights into the home selling journey and ensure you can list your house at a competitive price. In addition, a real estate agent will do everything possible to help you optimize the value of your home.
Ready to list your residence? Set a competitive price for your house, and you can bolster your chances of enjoying a successful home selling experience.
Adding a quality home to the real estate market offers no guarantees. And if you fail to set a competitive initial asking price for your residence, your home may linger on the housing market for many weeks or months. Fortunately, we're here to teach you about the real estate sector and ensure you can use your home's initial asking price to differentiate your residence from the competition.
Now, let's take a look at three tips to help you establish the right price for your house prior to listing your residence.
1. Analyze the Housing Market
The housing market is tough to navigate, particularly for a seller who wants to separate his or her residence from the crowd. Thankfully, an informed home seller can review housing market data and use this information to establish a price range for his or her house.
A home seller who assesses the real estate sector can differentiate a buyer's market from a seller's one. This seller will collect and analyze housing market data related to the prices of recently sold residences and how long these houses were listed before they sold. Then, this seller can determine whether he or she is preparing to enter a buyer's or seller's market.
2. Conduct a Home Inspection and Appraisal
Although a home inspection usually is requested by a buyer after a seller accepts an offer to purchase, it may be beneficial for a seller to conduct an inspection before listing a home. An inspection enables a seller to identify problem areas in a residence. As a result, a seller can use an inspection report to prioritize home improvement projects, complete home repairs and boost the value of his or her house.
A home appraisal also may prove to be exceedingly valuable to a seller. In fact, an appraisal provides a seller with a property valuation that he or she can use to establish a competitive initial home asking price.
3. Hire a Real Estate Agent
There is no telling how homebuyers will respond to a new house that becomes available. Lucky for you, a real estate agent can help you plan ahead to list your house and ensure you can establish a competitive price for your home from day one of the property selling journey.
A real estate agent is an expert resource that you can leverage when you sell your house. He or she can help you review housing market data from a variety of sources. Furthermore, a real estate agent can put you in touch with the top home inspectors and appraisers. Perhaps best of all, a real estate agent takes the guesswork out of pricing a house and will help you set an initial home asking price that matches buyers' expectations.
When it comes to selling your house and maximizing its value, there is no need to work alone. If you hire a real estate agent today, you can get the help you need to showcase your residence to prospective buyers and boost the likelihood of a profitable home sale.
Every homeowner seems to come to a point where they wonder if it’s time to sell their home or renovate the one that they currently have. Whether or not you decide to sell immediately, you can start with some renovations to your home that will offer you a big return on your investments and more comfort. Certain renovation projects are more beneficial than others. We’ll go over some of the best projects that you can take on in your home to add value and comfort to your home.
Curb Appeal Pays
While you may turn to the inside of your home to make improvements first, it’s actually more beneficial to update the outside of your home before you even begin to tackle the inside. Curb appeal can boost the value of your home significantly.
Check Your Insulation
You can improve the overall energy efficiency of your home by sealing unattended places in the home. Add insulation and sealing right in your attic. This helps to save on energy costs the whole year through. New insulation brings quite a return on value in your home.
Make Your Spaces Peaceful And Open
If you have plenty of space available in the house, you’ll get a big return on your investment. Add a bedroom to the home if you are able. Expand on the master bedroom to include large closets along with a master bathroom. Some of these renovations can become a bit of an expense, but you’ll be happy you did them when you get a large return on your investment.
Add A Deck
Adding an outdoor space to enjoy will not only give you financial returns, it will give you an increased sense of happiness as well. You’ll have a new outdoor space that you’ll be able to enjoy for a good portion of the year.
Sometimes even small improvements can add returns and more appeal to your home. Does your kitchen need new tile? Could your dishwasher use an upgrade? Maybe the bathroom counter can be replaced. Anything small around your home that’s upgraded can add up. The kitchen and the bathroom are the two rooms of the home that people most desire to have updated. Doing any and all projects in these rooms can have a really big impact on the value of your property.
After The Renovations
After you complete the desired renovations in your home, live in it for awhile. If you’re still itching to move on from your property, make an appointment with your realtor. There is nothing wasted in doing renovations to your home whether you decide to stay on the property or move on.