Invest Realty Group's Blog
Ready to add your residence to the real estate market? A home appraisal may prove to be a great first step.
With a home appraisal, you'll be able to understand the true value of your house. This comprehensive home assessment enables an expert home appraiser to evaluate every room in your home. Then, a home appraiser will provide details about your home's strengths and weaknesses.
Ultimately, there are many questions for a home seller to consider after a home appraisal is completed, including:
1. What did the home appraiser discover during the evaluation?
A home appraiser boasts in-depth home maintenance knowledge and insights. As such, this professional will do everything possible to identify problem areas with you home that you can repair before you add your residence to the housing market.
Consider the results of a home appraisal closely. By doing so, you can understand your home's strengths and weaknesses and search for ways to transform your house's weaknesses into strengths.
Also, it is important to establish realistic expectations for your residence after a home appraisal.
If a home appraiser discovers myriad problems with your residence, there is no need to worry. You can always repair these issues on your own or hire home maintenance professionals for extra help.
Or, if you decide not to complete home repairs following a home inspection, you should price your residence accordingly. That way, you can be honest with homebuyers about the pros and cons associated with your home and enable these homebuyers to make informed decisions about your residence.
2. Are there major or minor problems with my house?
What differentiates a major home problem from a minor one? The time and resources required to fix a problem often serve as key indicators about whether an issue can cause major headaches over an extended period of time.
For example, an oven light that has gone out can be replaced quickly and effortlessly. On the other hand, your home's obsolete, inefficient furnace may require thousands of dollars to replace.
Simple home improvements can make a world of difference in homebuyers' eyes. Following a home inspection, you may be able to find a variety of quick, easy and effective home improvement tasks that you can complete to enhance your home's appeal.
Be prepared to complete major home improvement projects as well. Remember, if you finish assorted home improvement tasks now, you may be able to help your residence stand out in a highly competitive real estate market down the line.
3. Which home repairs should I prioritize?
Home repairs should help you maximize the value of your residence. Therefore, you should prioritize home maintenance projects that will help you transform your ordinary residence into an exceptional one.
If you need help to determine which home repairs to prioritize, don't forget that a real estate agent may help you do just that. This real estate professional will work with you throughout the home selling process and ensure you can enhance your residence both inside and out.
There is no set amount of time that you will need to allocate to sell your residence. In certain instances, a seller can generate lots of interest in his or her house and receive an offer to purchase within one day of listing a home. On the other hand, a seller sometimes requires many weeks or months to stir up interest in his or her home.
Ultimately, you should strive to commit as much time as you can to sell your home. If you do everything possible to promote your residence to potential buyers, you could reap the benefits of a fast, profitable house selling experience.
There are many things that a seller can do to ensure a seamless home selling experience, and these include:
1. Improve Your Home Both Inside and Outside
Remove clutter from inside your home – you'll be happy you did. In addition to making it easy to show off the true size and beauty of your home, eliminating clutter could help buyers envision what life may be like if they purchase your house.
Meanwhile, your home's curb appeal can make a world of difference during the property selling journey. If your house boasts a stunning front lawn and other exceptional home exterior features, your home may be better equipped than ever before to make a positive first impression on prospective buyers.
2. Establish an Aggressive Initial Home Asking Price
Take a look at the prices of comparable houses in your city or town. In addition, evaluate the prices of recently sold houses in your area that are similar to your own. This housing market data may help you establish an initial home asking price that falls in line with the current housing market's conditions.
Furthermore, it may be beneficial to conduct a house appraisal. With an appraisal report in hand, you'll have a property valuation that you can use to establish an aggressive initial asking price for your residence.
3. Hire a Real Estate Agent
A real estate agent is an expert guide for selling homes. He or she can help you list your residence, promote it to prospective buyers and much more.
Of course, let's not forget about the assistance that a real estate agent provides at each stage of the property selling journey, either. A real estate agent will help you create a house selling strategy and put this plan into action. He or she will be ready to respond to any of your home selling concerns or questions too. And if you're unsure about how to proceed at any point during the house selling journey, a real estate agent can provide property selling recommendations and suggestions.
For those who want to add a house to the real estate market and streamline the home selling journey, it may be a good idea to hire a real estate agent. By collaborating with a real estate agent, you can get the support you need to quickly navigate the home selling journey.
You likely aspire to sell your house as quickly as possible. However, you may not need to set a deadline for selling your residence to achieve your desired result. In fact, there are lots of things you can do to speed up the home selling journey, including:
1. Boost Your House's Curb Appeal
A home that boasts amazing curb appeal may draw buyers' attention as soon as it becomes available. Lucky for you, it may be easy to bolster your house's curb appeal in no time at all.
To improve your home's curb appeal, you may want to complete assorted home exterior upgrades. Mowing the grass and eliminating weeds, for example, could make your front lawn stand out to buyers. Or, if you have cracked or damaged home siding, you can always devote time and energy to repair it.
Of course, if you need help with home exterior enhancements, you can reach out to home improvement professionals. If you have home improvement pros at your side, you can accelerate the process of upgrading your house's curb appeal.
2. Establish a Competitive Initial Asking Price
The initial asking price of your home should account for the age and condition of your residence, along with the current state of the real estate market. That way, you can set a price for your home that falls in line with buyers' expectations.
Generally, it helps to conduct an appraisal before you list your residence. An appraisal report is based on a wide range of factors, including the prices of comparable homes in your city or town. Therefore, if you perform an appraisal, you could receive a property valuation that helps you determine how to price your home competitively.
3. Work with a Real Estate Agent
As a home seller, it never hurts to receive expert support as you navigate the property selling journey. Fortunately, real estate agents are available nationwide, and these housing market professionals can offer great insights into what it takes to quickly sell a house.
A real estate agent first will learn about you and what you hope to accomplish. Next, a real estate agent will develop a plan designed to help you achieve your home selling goals. You and your real estate agent then will put this plan into action and adjust it as needed. Perhaps best of all, if you receive an offer to purchase your home, a real estate agent can help you decide whether to accept, reject or counter this proposal.
Furthermore, a real estate agent can help you bolster your home's curb appeal, establish the optimal initial asking price for your home and much more. And if you have any concerns during the house selling journey, a real estate agent is ready to respond to them right away.
For those who want to speed up the home selling journey, it helps to prepare. Thanks to the aforementioned tips, you can list your home, ensure it generates significant interest from buyers and move quickly to finalize a house sale.
Selling a house the second time around may prove to be much easier than your initial home selling experience. In fact, a veteran home seller can learn a lot from his or her past home selling experience, including:
1. How to Establish a Competitive Initial Home Asking Price
Setting a competitive initial home asking price is paramount, regardless of a home seller's experience. If a seller establishes a competitive initial asking price from the get-go, he or she can increase the likelihood of stirring up plenty of interest in a house. Conversely, a seller who sets an initial asking price that is too high or too low may struggle to achieve the optimal home selling results.
Think about how you priced the home that you most recently sold. This experience may help you determine how you'll price your current house, as well as enable you to avoid potential pricing mistakes along the way.
Furthermore, it usually helps to look at the prices of comparable houses in your city or town. If you assess this housing market data, you can see how your house stacks up against the competition and narrow the price range for your residence.
2. How to Promote a House to the Right Groups of Buyers
If you previously struggled to showcase your house to buyers, you can learn from your past experience and avoid making the same mistakes once again.
Ultimately, a home seller should allocate time and resources to enhance the curb appeal of his or her home. If a house features a stunning exterior, it may generate lots of interest from buyers.
It often helps to maintain a clean home interior as well. If you keep your home neat, tidy and clutter-free, buyers should have no trouble envisioning what life might be like if they purchase your house.
3. How to Hire the Right Real Estate Agent
Conduct an in-depth search for the right real estate agent – you'll be glad you did. If you meet with a variety of real estate agents, you can find a housing market professional who can help you achieve your desired home selling results.
Don't forget to request client referrals from a real estate agent. Because if you can learn about past clients' experiences with a real estate agent, you can make an informed choice about whether to hire this real estate agent to guide you along the home selling journey.
Ready to add another house to the real estate market? Use your home selling experience to your advantage, and you can boost your chances of enjoying a profitable home selling journey.
As a home seller, it is important to do everything possible to make your residence an attractive choice for buyers. Because if your home stands out from the pack, you may be better equipped than other sellers to enjoy a fast, seamless and profitable house selling experience.
Ultimately, there are many ways to make your home an attractive option for buyers, and these include:
1. Perform Home Improvements
If your home has a leaky roof, defective heating and cooling system or other problems, there may be no time like the present to perform house upgrades. That way, you can transform assorted home weaknesses into strengths.
For home sellers who are uncertain about how to upgrade their residences, it may be beneficial to conduct a home inspection. This evaluation enables a home inspector to review your residence both inside and out. Then, a home inspector will provide a report that details his or her findings, and you can use the report results to prioritize home improvement projects.
2. Remove Clutter
If your home is full of antiques, furniture and various personal belongings, it may be tough for homebuyers to envision what life may be like if they purchase your residence. Conversely, if you eliminate clutter from your home, you can show off your living space's full potential to buyers.
Oftentimes, it helps to rent a storage unit before you list your residence. This unit will allow you to store a wide range of personal belongings in a safe place until your house sells.
It also may be a good idea to host a yard sale or sell excess items online. By doing so, you can simultaneously remove clutter and earn extra cash.
3. Boost Your Residence's Curb Appeal
Your house's curb appeal is a difference-maker in homebuyers' eyes. If your home boasts a pristine front lawn, flawless siding and other dazzling exterior features, your residence may stand out to buyers as soon as they see it. Comparatively, if your house has a messy front lawn, damaged siding and other noticeable flaws, your residence is unlikely to make a positive first impression on buyers.
Allocate time and resources to bolster your house's curb appeal – you'll be happy you did. If your home makes a positive first impression on homebuyers, you may receive lots of interest in your residence. And as a result, you may be able to accelerate the house selling cycle.
Lastly, as you search for ways to distinguish your residence from other available houses, you may want to hire a real estate agent. This housing market professional can offer expert recommendations and suggestions to help you enhance your residence. Plus, if you have any concerns or questions throughout the home selling journey, a real estate agent will always be available to address them.
Ensure your residence is an attractive option for buyers – use the aforementioned tips, and you can differentiate your house from the competition.