Posted by Mary-Lou McDonough on 8/17/2020

Selling a home usually requires various investments along the way. In fact, some of the most common house selling costs include:

1. Lawn Care

Maintaining a neat, tidy lawn is crucial, particularly for a seller who wants to stir up significant interest in his or her residence. As such, it generally is a good idea to account for lawn care costs as you put together a house selling budget.

Sometimes, home sellers hire professionals to mow the lawn, trim the hedges and conduct other lawn care tasks. If you decide to enlist lawn care professionals, you should explore all of the options at your disposal. That way, you can find a lawn care provider that offers a terrific mix of affordability and convenience.

You also can perform regular lawn care tasks on your own. This will allow you to eliminate the cost of a lawn care provider and ensure your lawn will impress potential buyers any time they see your residence.

2. Home Repairs

House repairs can be expensive, especially if an individual has failed to maintain his or her residence properly. If you dedicate time and energy to analyze your house, you can identify home problems and prioritize property repairs accordingly.

It may be helpful to conduct a house inspection before you list your residence. During a home inspection, a property expert will review your residence and identify any underlying issues. Then, you can use a home inspection report to determine how you can improve your residence.

Of course, you can limit home repair costs by completing property improvements on your own. On the other hand, if you want to hire a professional, there is no shortage of home improvement specialists available in cities and towns nationwide. And if you reach out to local home improvement specialists, you should be able to find one who can fulfill your requests.

3. Utilities

If you relocate to a new house but still need to sell your prior residence, you will need to account for the latter home's water and electricity costs. Remember, a homebuyer likely will want to test a house's faucets and toilets to ensure running water is available before he or she purchases a house. At the same time, it may be tough to show a residence to buyers if no electricity is available.

As you get set to sell your residence, it may be beneficial to hire a real estate agent, too. A real estate agent is equipped to help a home seller streamline the property selling journey. Thus, if you want to learn about home selling expenses, a real estate agent is happy to teach you about them. Or, if you have questions about the home selling journey, a real estate agent can respond to them without delay.

Want to sell your residence? Consider the aforementioned home selling costs – you will be glad you did. Because if you develop a house selling budget, you can boost the likelihood of enjoying a successful property selling experience.




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Posted by Mary-Lou McDonough on 8/10/2020

Selling your home may seem like a relatively simple process. You hire an agent, let them take pictures and show the house to prospective buyers, accept an offer, and then close… right?

In reality, there’s a lot that goes into the selling process; especially if you want to have a smooth home sale.

Matters are further complicated by hr fact that most sellers are also in the process of buying, closing, and moving into their new home.

To make the most of your time in the weeks or months leading up to your sale, I’ve put together a list of tips that you can use to get ahead of the curve, making your sale as problem-free and simple as possible.

Set deadlines

One of the most important lessons homeowners learn when they sell their first home is how quickly moving day creeps up on them. Make a list of all of the things you need to do before you hand over the keys, and set dates and reminders in your calendar for those tasks.

You can do this if you’re in the beginning stages of finding out when you want to sell by, or if you’re in the final stages of packing and moving your belongings to your new home. Regardless of where you are in the home sale process, you can always benefit from preparedness.

Find an agent

To get the ball rolling, reach out to a real estate agent sooner rather than later. They’ve been through this process several times before and will be able to give you advice that is catered to your specific situation.

Make sure your home is ready for sale

We all love our homes and value the time and effort we put into them. But, to get top dollar for your home and ensure a smooth sale, you’ll probably need to do some work.

This can include getting an inspection to ensure that the vital components of your home are working properly. Knowing this now can save you time and headaches if a buyer’s inspector finds an issue with your home that you weren’t aware of.

Similarly, you’ll want to make your home move-in ready by making small repairs, putting a fresh coat of paint, and cleaning up the exterior of the home.

Do your research when setting a price

Setting the price of a home is not a road you want to take shortcuts on. Research prices for comparable homes in your area, consider recent repairs you made, and value the home at what you think is a fair price.

However, don’t get too attached to one number and be prepared to adapt based on the offers you receive.

Have a moving day plan

Planning for moving day could be its own separate blog post. You’ll want to start packing things you don’t need early on in the process. Then, make arrangements for young children or pets, so that you can focus on the move rather than keeping track of everyone else.




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Posted by Mary-Lou McDonough on 6/29/2020

Selling a home may be difficult, especially for those who plan to list a residence for the first time. Fortunately, many real estate agents are available to guide you along the home selling journey.

Although there is no shortage of real estate agents at your disposal, it is important to note that not all real estate professionals are created equal. Therefore, it is essential to allocate the necessary time and resources to find a real estate agent who can help you achieve your home selling goals.

What does it take to find the right real estate agent to help you sell your residence? Here are three tips to ensure you can do just that.

1. Review the Current Housing Market

Take a look at homes that are currently available and the real estate agents who are associated with these properties. That way, you can find out which real estate agents are available in your area.

Also, don't forget to assess recently sold homes in your city or town. This will allow you to learn about the real estate agents who sold various houses and how long it took these housing market professionals to finalize the property sales.

You can always search the web for real estate agents in your area too. By doing so, you may be able to view client reviews that can help you determine whether a particular real estate professional is the right choice.

2. Consult with Friends and Family Members

Friends and family members sometimes can provide insights into their past home selling experiences. As a result, they may be able to connect you with a real estate professional who will go above and beyond the call of duty to assist you.

Furthermore, neighbors may prove to be great resources as you search for the perfect real estate agent. If a neighbor recently listed or sold his or her residence, you may be able to work with the same real estate agent.

3. Meet with Several Real Estate Agents

When it comes to finding a real estate agent, it never hurts to have a face-to-face conversation.

Set up meetings with several real estate professionals. This will allow you to learn about a real estate agent's background and expertise and decide whether you feel comfortable working with this individual.

In addition, try to get client references from real estate agents and reach out to past clients to find out what it was like to work with a particular real estate professional. As such, you'll be better equipped than ever before to make an informed decision.

The search for the right real estate agent often requires hard work and patience. With the right approach, you can hire a real estate agent who can help you accelerate the home selling journey and optimize the value of your residence.

Take advantage of the aforementioned tips, and you should have no trouble employing a top-notch real estate agent.




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Posted by Mary-Lou McDonough on 6/15/2020

Want to sell your residence? As a home seller, you'll want to take a cautious approach to the real estate market. That way, you can improve your chances of getting the best price for your residence, regardless of the current housing market's conditions.

Ultimately, there are many reasons why home sellers should err on the side of caution as they prepare to add their houses to the real estate market, including:

1. The housing market constantly fluctuates.

For home sellers, it is important to differentiate between a seller's market and a buyer's market. By doing so, a home seller can assess the current housing market and proceed accordingly.

In a seller's market, there is usually a shortage of high-end houses and an abundance of interested homebuyers. This means home sellers who operate in a seller's market may be more likely to stir up plenty of interest in their houses as soon as these properties become available.

Conversely, a buyer's market typically favors homebuyers, as it features a limited number of homebuyers and a wide range of home sellers. If you're selling your home in a seller's market, you'll likely need to price it competitively to help your residence stand out from the competition.

Allocating the necessary time and resources to analyze the housing market is key. With housing market data in hand, a home seller can determine whether he or she is getting ready to list a house in a buyer's or seller's market.

2. What your home was worth yesterday is unlikely to match what it is worth today.

The price that a home seller initially paid for a residence is unlikely to match what the house is worth today. Thus, a home seller should perform a home appraisal to learn about the present value of his or her residence.

During a home appraisal, a property inspector will assess a house both inside and out. Then, the property inspector will identify any problem areas with a house that could negatively affect the residence's value.

A home appraisal is exceedingly valuable to home sellers. It enables them to understand a house's strengths and weaknesses as well as uncover ways to transform a home's weaknesses into strengths. As a result, a home seller can use a home appraisal as a learning opportunity and find innovative ways to enhance a residence before adding it to the real estate market.

3. Homebuyers are always on the lookout for bargains.

Although a home seller will do everything possible to learn about the housing market, there is always the danger that a homebuyer will submit a "lowball" offer on a house. Conversely, a home seller who errs on the side of caution will be able to differentiate between a legitimate offer and a lowball one time and time again.

Lastly, if you need extra help as you get ready to sell your house, don't hesitate to work with a local real estate agent.

Real estate agents are available in cities and towns nationwide. They can help you get your house ready for the real estate market and ensure you can reap the benefits of a quick, seamless home selling experience.

Become a cautious home seller, and you can move one step closer to maximizing the value of your house.




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Posted by Mary-Lou McDonough on 5/4/2020

What happens if you receive an offer on your home that fails to meet your expectations? Ultimately, you may want to decline the offer. But before you do, there are several questions you'll want to consider, including:

1. Is the offer "fair"?

Let's face it – one home seller's definition of a "fair" offer may differ from another's. However, an informed home seller will be able to differentiate a "lowball" offer from a strong proposal.

A lowball offer typically fails to account for a home's condition and the current state of the housing market. As such, this proposal may fall far below a home seller's initial asking price.

On the other hand, a strong proposal may meet or surpass a home seller's initial asking price. This offer likely accounts for a home's strengths and weaknesses, along with the needs of a both the homebuyer and home seller.

2. Are there any other offers on the table?

If you receive an offer on your home, you'll probably have one to two days to decide how to proceed. And if you have multiple offers in hand, you likely have a lot to think about in a short period of time.

In some cases, the best offer is not necessarily the highest offer, and for good reason.

For instance, a homebuyer may submit an offer on a home that exceeds a home seller's initial asking price. But if this homebuyer has not been pre-approved for a mortgage, he or she likely will need to obtain financing to proceed with a home purchase.

Conversely, a homebuyer who has been pre-approved for a mortgage knows exactly how much money is at his or her disposal. When this homebuyer submits an offer, he or she may be better equipped than other homebuyers to acquire a residence.

3. Can I afford to be patient?

Consider your timeline as you debate whether to decline an offer.

If you're in no rush to sell your home, you can afford to be patient with offers on your house. Or, if you want to relocate to a new address as soon as possible, you should price your home aggressively from the get-go.

4. If I decline an offer, what will happen next?

After you decline an offer on your home, the homebuyer has the option to submit a new proposal or move on to other houses.

As a home seller, it is important to take an informed approach to home offers. With a real estate agent at your side, you should have no trouble making the best decisions on any proposals.

A real estate agent understands the ins and outs of the housing market and can help you evaluate all offers on your residence. He or she can provide you with honest, unbiased real estate recommendations and ensure you can get the best results during the home selling journey.

Collaborate with a real estate agent – you'll be glad you did. A real estate agent will enable you to evaluate home proposals and maximize the value of your house.




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