Posted by Mary-Lou McDonough on 6/18/2018

Selling a home for the first time can be tricky. In fact, first-time home sellers often make mistakes that prolong the home selling process. Perhaps even worse, these errors may cause a home seller to miss out on opportunities to optimize the value of his or her residence.

Now, let's take a look at three common mistakes that first-time home sellers make, as well as ways to avoid these problems.

1. Setting an Unrealistic Initial Asking Price

Although you might have paid a hefty sum for your house a few years ago, what your home was worth then is unlikely to match its current value. However, if you set an unrealistic initial asking price for your residence, you risk alienating dozens of potential buyers.

Before you set a price for your house, it pays to perform plenty of housing market research. That way, you can see how your home stacks up against the competition and price it based on the current real estate sector's conditions.

Furthermore, you may want to conduct a home appraisal prior to listing your house. Following a home appraisal, you'll receive a property valuation to help you establish a competitive price for your residence.

2. Failing to Provide Full Details About Your House

No home is perfect, and a home seller who withholds information about his or her residence risks wasting precious time and resources. To better understand why this may be the case, let's consider an example.

If a home seller fails to include information about a faulty heating and cooling system in a home listing, a buyer will be unaware of the problem. A buyer then may submit an offer on this house that a seller accepts. But during a home inspection, a property inspector likely will discover the defective heating and cooling system, which leads the buyer to rescind his or her offer. And at this point, the seller will have to restart the home selling process from square one.

When it comes to selling a home, it helps to be honest. If you provide full details about your residence, you can help a buyer make an informed decision and reduce the risk of that a purchase agreement will fall apart after a home inspection.

3. Choosing an Ineffective Real Estate Agent

A real estate agent should have a seller's best interests in mind. As such, this housing market professional will collaborate with a seller throughout the home selling journey to ensure a seller can optimize his or her earnings.

Unfortunately, not all real estate agents possess the same skills. But if you evaluate a variety of real estate agents, you can increase the likelihood of finding one who matches or exceeds your expectations.

Employ a real estate agent with a proven reputation. And if you're uncertain about whether a real estate agent can help you achieve your home selling goals, it usually helps to request client referrals from this housing market professional.

Streamline the process of selling your home avoid the aforementioned first-time home seller mistakes, and you can boost your chances of enjoying a quick, profitable home selling experience.




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Posted by Mary-Lou McDonough on 6/11/2018

Selling your home is a major decision, and as such, you likely will need to allocate significant time and resources to determine whether now is the right time to add your residence to the real estate market.

Ultimately, there are many signs that may prove now is the ideal time to list your home, including:

1. Your house feels too big or too small.

Does your home feel cramped? Or, do you feel like you have too much space at your disposal? In either scenario, listing your home may enable you to relocate to a house that better suits your lifestyle than your current residence.

Working with a real estate agent will enable you to determine the right price for your home and generate plenty of interest in your residence. Plus, your real estate agent will help you narrow your search for a new home, ensuring that you can discover a new residence that suits you perfectly.

2. Your financial situation has changed.

Land a high-paying new job? Or, are you looking to cut expenses to save for a baby who is on the way? If your financial situation has changed dramatically, you may want to consider selling your home.

Furthermore, collaborating with a real estate agent may enable you to maximize the value of your residence in any housing market, at any time. Your real estate agent will set up home showings, provide tips and recommendations to help you bolster your house's curb appeal and much more. By doing so, your real estate agent will make it easy for you to drive interest in your home.

Let's not forget about the personalized support that a real estate agent can provide, either. Your real estate agent will be able to respond to any of your home selling concerns and queries. Thus, your real estate agent can play an important role in your ability to sell your home and optimize its value.

3. You're ready for a change.

Tired of dealing with New England winters? Or, do you want to enjoy the warm, sunny California weather day after day? If you're ready for a change in your life, you may want to sell your house sooner rather than later.

After you sell your home, you can relocate to any location you choose. Meanwhile, selling your home may open up new opportunities for you, as you'll be able to establish a new life in a new location at your convenience.

If you're ready for a change, you may want to consult with a real estate agent. This real estate professional will help you add your home to the real estate market and offer plenty of housing market data to ensure that you can price your house competitively. In addition, your real estate agent will go above and beyond the call of duty to help you get the best home selling results.

Don't wait to make a change in your life. Instead, meet with a real estate agent, and you can explore your home selling options today.




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Posted by Mary-Lou McDonough on 5/14/2018

Selling your home can be scary, particularly for those who are listing a residence for the first time. Fortunately, we're here to help you face your home selling fears so you can overcome them before you add your property to the real estate market.

Now, let's take a look at three common home selling fears, along with some of the ways that you can put these concerns to rest.

1. I won't be able to get the best price for my home.

Getting the best price for a house is the number one concern for most home sellers, and for good reason. Lucky for you, there are several quick, easy ways to ensure you can maximize the value of your residence.

First, check out the housing market and see how your house stacks up against similar residences that are available. This will enable you to collect valuable housing market data that can help you price your house accordingly.

Don't forget to complete a home appraisal too. A property appraiser will allocate the necessary time and resources to analyze your house's interior and exterior. Then, he or she will provide a report that outlines your home's strengths and weaknesses so you can better understand the true value of your residence.

2. My home will stay on the real estate market for years to come.

Let's face it a home seller likely wants his or her residence to sell as soon as it hits the real estate market. Sometimes, a house can linger on the real estate market for an extended period of time. And when this happens, it is easy to question whether a homebuyer will ever submit an offer on a residence.

As a home seller, it is important to ensure your house makes a positive first impression on homebuyers.

Spend some time mowing the front lawn, clearing dirt and debris from walkways and performing assorted home exterior improvements. This will enable you to boost your house's curb appeal instantly.

Also, declutter your home's interior as much as possible. By doing so, you can make it simple for homebuyers to envision what life would be like if they decide to purchase your residence.

3. When the time comes, I won't be able to relocate to a new home.

After you sell your residence, you'll need to move to a new address. The relocation process often can be difficult, especially if you have lived in a particular house for many years.

A real estate agent can help you prepare for the relocation process. This housing market professional understands all aspects of the home selling cycle, and as such, will be happy to offer expert assistance at all times.

Although selling a home may seem challenging, an informed home seller will understand what it takes to get the best results possible. And if you address your home selling fears now, you should have no trouble optimizing the value of your house and accelerating the home selling process.




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Posted by Mary-Lou McDonough on 5/7/2018

Want to accelerate the home selling process and maximize the value of your residence? Add your house to the real estate market in summer you'll be glad you did.

There are many reasons to list your home in summer, including:

1. You can generate plenty of interest in your house.

For home sellers, it can be risky to add your residence to a "buyer's market." Lucky for you, summer often serves as a "seller's market," which means many homebuyers are ready to purchase high-quality residences.

If you devote the necessary time and resources to bolster your house's curb appeal, you should have no trouble generating plenty of interest in your home during summer. With a beautiful home exterior, your home can garner attention from a wide range of potential homebuyers, which may lead to multiple offers on your residence as soon as it hits the market.

2. You can take advantage of warm temperatures and longer days.

Summer brings warm temperatures and longer days, giving you ample time to host home showings and open houses as the season progresses.

Maintaining a flexible schedule is key for home sellers, particularly during summer. For example, if a homebuyer wants to set up a late-afternoon or weekend home showing, a home seller should be ready to accommodate this homebuyer's request. By doing so, a home seller can ensure that a homebuyer can check out a property at any time something that could play an important role in helping your property stand out to a homebuyer.

In addition, a home seller should be prepared to host weekend open houses throughout summer. Each open house provides a valuable opportunity to showcase a property to a large group of homebuyers. And if an open house is successful, it may be only a matter of time before a home seller and homebuyer can finalize a purchase agreement.

3. Many experienced real estate agents can help you sell your house.

Finding an experienced real estate agent may seem impossible at times. Fortunately, many real estate agents are available to assist you in summer.

Ultimately, hiring an experienced real estate agent may improve your chances of selling your home in summer. This real estate professional can teach you about the summer housing market and offer recommendations throughout the home selling journey. That way, you'll be able to find out what it takes to sell your home quickly and maximize your property's value.

An experienced real estate agent also is happy to respond to your home selling concerns and queries. Plus, if you are ever uncertain about how to price your home, whether to accept an offer on your residence or how to promote your house to potential homebuyers, your real estate agent will be able to provide expert guidance.

Employ an experienced real estate agent to help you sell your home in summer. This real estate professional can simplify the home selling process and ensure that you can get the best results possible.




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Posted by Mary-Lou McDonough on 3/12/2018

Before you list your residence, you'll want to consider your home selling price closely. By doing so, you can improve your chances of generating significant interest in your home without sacrificing any potential profits.

Ultimately, finding the best home selling price can be quick and easy here are three tips to help you do just that.

1. Perform a Real Estate Market Analysis

Evaluate how your house stacks up against the competition by performing a real estate market analysis. This will enable you to collect a broad assortment of housing market data and set an aggressive price for your house based on the current real estate sector's conditions.

As part of a real estate market analysis, take a look at the prices of local houses that are similar to your own. This will help you establish a price range for residences in your city or town.

Also, check out the prices of recently sold homes in your region. This housing market information will help you differentiate between a buyer's market and a seller's market and ensure you can price your residence appropriately.

2. Get Your Home Appraised

A home appraisal offers many benefits for a home seller that extend beyond establishing the best home selling price.

During a home appraisal, a property inspector will examine a residence both inside and out. Then, he or she will offer an inspection report that outlines a house's strengths and weaknesses as well as the present value of a house.

When it comes to figuring out the best home selling price, a home appraisal is ideal. This appraisal will make it easy for you to establish a competitive price for your home from the get-go. Plus, it may help you uncover innovative ways to improve the condition of your house before you add your residence to the real estate market.

3. Consult with a Real Estate Agent

Although a home seller may conduct a comprehensive real estate market analysis and receive a home appraisal as he or she evaluates the best home selling price, nothing beats working with a real estate agent. In fact, a real estate agent is happy to provide expert home selling assistance and ensure that you can get the best results possible at each stage of the home selling journey.

A real estate agent will learn about your home selling goals and help you map out the home selling journey accordingly.

For example, if you're in a hurry to sell your house, a real estate agent can help you set an aggressive price that results in a quick home sale. On the other hand, if you're dedicated to maximizing the value for your residence, a real estate agent will make it simple to optimize your home selling profit.

With a real estate agent at your side, establishing the best home selling price should be no trouble at all. This housing market professional will go above and beyond the call of duty to support your home selling goals and guarantee that you can enjoy a seamless home selling experience.