Invest Realty Group's Blog
As a first-time home seller, you may feel the need to make a counter-offer based on a homebuyer's initial proposal. However, if the homebuyer rejects your counter-offer, you may be forced to return to square one in your efforts to sell your house and obtain the best price for it.
A homebuyer's rejection of a counter-proposal is not the end of a home selling journey. And for home sellers who know how to proceed after a counter-proposal is rejected, they may be able to streamline the process of getting the optimal price for any residence, at any time.
Now, let's take a look at three tips that a first-time home seller can use to handle a rejected counter-proposal on his or her house.
1. Consider the Homebuyer's Perspective
Why did a homebuyer reject your counter-proposal? A first-time home seller should consider why a homebuyer decided to move on from a house after a counter-proposal was submitted and learn from the experience.
For example, if a home seller held firm on his or her home price, a homebuyer may have been unwilling to pay this amount. Thus, a home seller may want to consider lowering the price of his or her residence in to help stir up interest from large groups of potential homebuyers.
2. Review All of Your Options
A first-time home seller who submits a counter-proposal and receives a rejection from a homebuyer still has plenty of options, regardless of the current state of the housing market.
For instance, a home seller can keep the price of his or her house intact. Then, this home seller can await potential offers that match or exceed his or her expectations.
On the other hand, a home seller may choose to conduct assorted home improvements to upgrade his or her house's interior and exterior. These upgrades can make a world of difference in the eyes of homebuyers, and as a result, may make a home more attractive than other residences that are currently available.
3. Collaborate with a Real Estate Agent
A real estate agent is a difference-maker for a first-time home seller, and for good reason. This housing market professional can offer expert guidance that a home seller may struggle to obtain elsewhere and ensure that a property seller can make informed decisions at each stage of the home selling journey.
With a real estate agent at your side, you can map out your next steps in the home selling journey accordingly.
Typically, a real estate agent will be able to tell you why a homebuyer rejected a counter-proposal on your residence. As such, you can learn from the experience and gain the insights you need to prevent the same problem from happening once again.
Selling a home can be difficult, particularly for those who have listed a residence for the first time. A real estate agent will help you take the guesswork out of selling your residence and do everything possible to ensure you can get the best possible price for your house.
Ready to overcome a rejected counter-proposal on your home? Use these tips, and you can proceed with confidence along the home selling journey.
Many sellers aren’t sure how to give a positive spin to their small backyard. We imagine that most homeowners want a large expanse of green with various types of trees and maybe even room for a vegetable garden.
However, there are ways to make a small yard a good thing. After all, less yard means less grass to mow and water and worry over when drought hits.
In this article, we’re going to give you some tips on making your tiny yard appealing to buyers.
Making an area seem more spacious is often a matter of smart decorating. Just like you can make a room appear bigger with bright colors and mirrors, you can make a yard appear bigger with proper landscaping and outdoor furniture.
When it comes to patio furniture, keep it simple. You don’t need a massive set of furniture in a small yard, and filling your yard up with chairs will make it feel crowded.
Choose a few well-placed decorations for your yard, and keep it simple.
A good way to make a small yard feel more in touch with nature is to plant in containers. Sticking to a central theme with your plants will give the yard a sense of continuity and simplicity that will make it feel welcoming.
Container gardening is also a good option for people who live in arid areas prone to drought. You can choose drought resistant plants that are easy to maintain.
Landscaping is key
You know how a cluttered and messy bedroom feels small and unwelcoming? The same is true for a cluttered and unkempt backyard. Cutting the grass and trimming the trees and hedges will go a long way. However, also remember to not use your backyard as a storage space. Tools and equipment that aren’t put away will make the yard feel even smaller than it already is.
Set a focal point
Small backyards don’t need a lot of features and amenities. One key area is enough to satisfy the eye. Rather than choosing several small decorations, stick to one thing. Whether it’s a small box garden, a fireplace, or a well-placed tree, drawing the eye is one way to distract from the size of the space.
Small is a style
The last important thing to keep in mind is that houses with small backyards are usually found in locations where small backyards are expected. You wouldn’t dream of finding a large backyard behind a class brownstone in Brooklyn, and as a result, the small backyards of those builds have taken on a charm of their own.
If you aren’t sure about how to incorporate landscaping and decorations in your tiny backyard, look up some inspiration online for urban backyards that match the style of your home. This will attract buyers who are already looking for something that your home already has--character.
42 Carlson Ave, Revere, MA 02151
Are you in a hurry to acquire a deluxe residence as soon as possible? Ultimately, you'll need to prepare accordingly to ensure you can beat dozens of homebuying rivals as you search for the perfect house.
Now, let's take a look at three tips to help homebuyers accelerate the property buying journey.
1. Track the Housing Market Closely
A diligent homebuyer will monitor the housing market and keep track of new houses as they become available. By doing so, this property buyer will be better equipped than others to pounce on an opportunity to purchase a top-notch house at a budget-friendly price.
Also, a homebuyer should consider getting pre-approved for a mortgage. With a mortgage in hand, a homebuyer can enter the real estate market with a clear understanding of how much he or she can spend on a house. Then, this homebuyer can map out his or her house search.
2. Don't Hesitate to Submit a Competitive Offer
If you walk through a home and feel comfortable with the residence, don't wait to submit a competitive offer on it.
Remember, the early bird catches the worm. And a homebuyer who waits too long to submit a competitive offer on a residence risks losing it to a rival.
To define a competitive offer, consider the current asking price for a residence as well as the prices of comparable houses in the same city or town. This housing market information will help you understand how one house stacks up against another and ensure you can submit a data-based homebuying proposal.
Furthermore, look at how long a home has been available. If a house has been on the market for several months, a property seller may be more likely to accept an offer that falls under his or her initial asking price.
3. Work with a Real Estate Agent
For those who want to relocate to their dream home in the near future, hiring a real estate agent is a must.
A real estate agent understands what it takes to discover a terrific house that won't force you to break your budget. As such, he or she will work with you throughout the homebuying process and ensure you can get the best results possible.
Typically, a real estate agent will set up home showings, negotiate with home sellers on your behalf and much more. This housing market professional will even allocate the necessary time and resources to learn about your homebuying goals and help you achieve these aspirations in any way possible.
Let's not forget about a real estate agent's active listening skills, either. A real estate agent will listen to your homebuying concerns and questions and is happy to respond to them at any time. That way, you can receive expert guidance as you navigate the homebuying process.
Ready to speed up the homebuying journey? Use these tips, and you can boost your chances of acquiring a wonderful residence at a price that matches or exceeds your expectations.
Although it may seem like the Internet and email have always been an integral part of our daily lives, those modes of modern communication have only been around for the past two decades or so.
With technology like video teleconferencing, online document sharing, and other collaborative tools becoming commonplace in the business arena, more and more companies are allowing (and even encouraging) their employees to work from home -- at least a couple days a week. For better or worse, many employees, managers, and executives are putting in lots of overtime from their home offices.
Whether you're telecommuting for a job or running your own home-based business, having a dedicated work space can make all the difference in your ability to stay focused and productive. Not only can you control distractions by closing the door, but having a separate work space at home makes it easier to stay organized and maintain a professional image. Depending on the layout of your house, the cooperation of your family, and neighborhood zoning regulations, it may even be possible to meet with clients at your home office.
While some people don't have a problem setting up their laptop and working at the kitchen table, in their bedroom, or the living room, problems can arise when your spouse or other members of the family want to use your temporary work space for something else!
Other potential complications are possible, too: When people in your household have easy access to your computer, work files, and research materials, there's also the possibility of accidentally losing unsaved documents, unfinished emails being prematurely sent or closed, and having to deal with spills, sticky surfaces, misplaced work materials, and other miscellaneous mishaps! On the other hand, setting aside a dedicated work space at home for tackling office projects, preparing reports, or creating client proposals can help you avoid losing valuable work, missing deadlines, and looking unprofessional.
Home Offices Are a Selling Point
In addition to making your own life more organized and less chaotic, there's also the advantage of increasing your home's marketability. If you happen to be considering putting your house on the market now or in the near future, having a dedicated office space will help make your home look more appealing to potential buyers.
Today, more than ever, the idea of having a home office is on many people's minds and priority lists -- or at least, their "wish list". When prospective buyers can envision ways in which your home can meet their lifestyle goals, business objectives, and career requirements, they'll be a lot more likely to seriously consider making an offer on your house.
As more and more people pursue work-at-home options, freelancing opportunities, advanced degrees, and home-based businesses, a dedicated office space will continue to be a highly desirable feature for both current and future home owners.