Team Wheeler's Blog
Are you preparing to list your older home for sale on the market? While older homes are still widely sought by both first-time and returning home buyers, sometimes they will need a little sprucing up so that you can maximize your sale price and get it sold more quickly. The good news is that you don't have to invest a fortune to make an older home more saleable. Below are a few simple home improvement projects that can get your home noticed.
Give Your Bathroom a Modern Update
Bathrooms are one of the areas that many home buyers are looking to be move-in ready. Older, worn fixtures and poor plumbing can make a potential buyer look twice. Bathroom models can range from cost-efficient to extremely expensive, but you don't need to go with deluxe upgrades to get buyers to notice. Purchase some inexpensive fixtures, fix any tiling, add new faucets and hardware, and make sure to address any leaks and clogs. A buyer will be able to identify new fixtures, which will show it has been recently updated, and if the bathroom looks clean and updated, they are likely to think the rest of the house is the same.
Add a Fresh Coat of Paint
For many people, this may seem like an unnecessary task as many new homeowners will paint their new home in the colors they want. But the truth is that a fresh coat of paint can make a room look newer and fresher. Wall can quickly become blemished with scratches and marks, and the new paint will remove these imperfections and spruce up the color in the room. Consider sticking with more neutral colors that will work with the floors and furnishings. Neutral colors can make spaces look larger, and if the new homeowners wish to paint when they move in, it will be easier for them to cover up with their desired paint colors.
Make Your Backyard Look More Inviting
Many homeowners will focus on curb appeal and pay little attention to the backyard. A backyard can be a great selling point as a space for entertaining or an inviting play area for children. Trim back bushes or overgrowth to create more landscaped areas and open up the space as much as possible. The goal is to have your backyard look neat, kempt and as large as possible. If there are any areas that need grass, make sure to address those as well as removing any weeds. A lush lawn can be extremely inviting for potential home buyers.
You don't have to spend a lot to make your older home more appealing to buyers. Follow the simple tips above to help you get your home sold quickly and for the price, you are looking to get.
Believe it or not, selling a home may prove to be a good idea. In fact, there are many reasons why selling a residence could be beneficial, and these include:
1. You can earn a profit from your home sale.
If you have allocated significant time and resources to maintain your residence, you may find there will be lots of interest in your house if you add it to the real estate market. As such, you could earn a profit from the sale of your home.
Of course, it often helps to craft a home selling strategy before you list your house. This strategy will enable you to determine the steps you'll need to take to optimize your home sale earnings.
2. You can downsize or upgrade.
In some instances, a homeowner may find his or her current residence is now too big or too small. If you encounter this situation, there is no need to worry, as you can always list your residence and downsize or upgrade as needed.
Selling a home allows you to reconsider your living situation. Thus, if your current house is too big, you can sell your home and move into a smaller residence. On the other hand, if you need more space than your current home offers, you can list your residence and pursue a bigger home in the city or town of your choice.
3. You can find a new home close to family members and friends.
If you have to travel great distances to visit family members and friends, you may want to consider moving closer to these loved ones. Thankfully, you can sell your residence and relocate to a new home near family members and friends.
Clearly, there are many reasons why selling a home may be a good idea. If you hire a real estate agent, you can receive comprehensive assistance throughout the property selling journey.
A real estate agent will do whatever it takes to help you achieve the optimal home selling results. First, he or she will meet with you and find out why you are selling your house. A real estate agent next will offer tips to help you prepare your residence for the housing market. Then, when you're ready to sell your home, a real estate agent will promote your residence to prospective buyers. And if you receive an offer to purchase your house, a real estate agent will help you analyze this homebuying proposal and make an informed decision.
In addition, a real estate agent is a home selling expert. He or she will respond to any of your home selling concerns and questions, and by doing so, ensure you can achieve your desired results.
If you decide to sell your residence, you may want to hire a real estate agent. Because if you have a real estate agent at your disposal, you can get the help you need to simplify the property selling journey.
The home selling journey may be perilous, particularly for an individual who is unprepared for potential pitfalls. Fortunately, there are lots of things that you can do to quickly identify house selling hurdles and address such issues before they get out of hand.
Now, let's take a look at three tips to help you detect and resolve a wide range of home selling hurdles.
1. Make a Home Selling Plan
If you are unsure about how to navigate the house selling journey, there is no need to stress. In fact, if you craft a home selling plan, you can prepare for any challenges that you may encounter.
A home selling plan should encompass all of the steps you will need to take to sell your house. It should start with a timeline that reflects how much time you have before you need to list your home. Furthermore, your home selling plan should account for how you plan to showcase your residence to prospective buyers, along with where you plan to relocate following your house sale.
Your home selling plan should remain flexible, too. Because if you have the flexibility to adjust your home selling plan as needed, you can modify your strategy based on any house selling challenges you face.
2. Price and Promote Your House Effectively
The ideal price for one home likely varies from the perfect price for a similar residence in the same city or town. If you conduct a house appraisal, however, you can get a property valuation before you list your residence. And as a result, you may use this property valuation to establish the optimal initial asking price for your house.
Think about how you will promote your residence to buyers as well. If you devote time and energy to enhance your house's curb appeal, for example, you could boost the likelihood of generating lots of interest in your home. Meanwhile, you also can clean each room of your home to help buyers fall in love with your residence as soon as they walk through the front door.
3. Hire a Real Estate Agent
A real estate agent understands the ins and outs of the home selling journey. Therefore, he or she can help you remediate any home selling problems, regardless of their severity.
If you are uncertain about how to showcase your residence to potential buyers, for instance, a real estate agent will help you schedule home showings and open house events. On the other hand, if you are unsure about how to price your residence, a real estate agent will help you establish a competitive house asking price from day on the property selling journey.
When it comes to adding a home to the real estate market, various problems may crop up. Thanks to the aforementioned tips, you can limit potential home selling problems. Plus, you can streamline the home selling journey and increase your chances of maximizing your house sale earnings.
Selling a house may prove to be problematic, particularly for individuals who fail to allocate time and resources to learn about the real estate market. Lucky for you, we're here to help you navigate the housing sector and ensure you can avoid home selling crises.
Now, let's take a look at three tips to help you list your residence and maximize its value.
1. Create an Informative House Listing
Think about your house's pros and cons. Then, you can put together an informative home listing that makes it easy for buyers to fall in love with your residence.
Of course, when you craft a home listing, it pays to be honest. If you include pertinent, accurate house information in your listing, you can help buyers determine whether your residence is the right choice.
Don't forget to incorporate high-resolution photos into your house listing too. If you include home listing photos that showcase the size and beauty of your house, many buyers soon could set up showings to view your residence.
2. Conduct a House Appraisal
When it comes to selling your house, it helps to establish an aggressive initial asking price. That way, you can list your house at a price that matches or exceeds buyers' expectations.
Establishing an aggressive initial asking price for your home, however, may prove to be difficult. But if you conduct a house appraisal, you can get a home valuation from a property expert to help you set a fair price for your residence.
In many instances, a homeowner can receive a house appraisal report within a few days. Once you have this report at your disposal, you can review your property valuation and set an aggressive initial asking price for your home.
3. Employ a Real Estate Agent
There is no need to embark on the home selling journey alone. Thankfully, you can hire a real estate agent who is unafraid to be honest with you at each stage of the home selling cycle.
A real estate agent understands exactly what it takes to sell a house, regardless of the present housing market's conditions. As such, he or she will work with you to determine the best way to streamline the home selling journey.
Oftentimes, a real estate agent will learn about you and your home selling goals. He or she then will craft a custom home selling strategy designed to help you achieve the optimal results. Next, a real estate agent will promote your residence to dozens of potential buyers and set up home showings and open house events. And if you receive an offer to purchase your home, a real estate agent will help you examine the pros and cons of this proposal and make an informed decision.
Don't let problems get the best of you during the home selling journey. Instead, use the aforementioned tips, and you can reduce the risk of problems that otherwise can prevent you from enjoying a fast, profitable house selling experience.
A home selling negotiation may seem like a major hassle, particularly for property sellers who want to find a buyer as soon as possible. Fortunately, a prepared home seller will be able to streamline the property selling cycle as well as get the best price for his or her residence.
What does it take to complete a successful home selling negotiation? Here are three must-haves that will ensure any home seller can finalize a successful negotiation quickly and effortlessly.
1. Housing Market Data
Understanding the ins and outs of the housing market can help an ordinary home seller become an exceptional one. As such, if you allocate the necessary time and resources to collect housing market data, you may be better equipped to enter a negotiation as an informed home seller.
Housing market data is readily available – you just need to know where to look for it.
For example, home sellers can examine the prices of recently sold houses that are similar to their own. By doing so, home sellers can see how their house stacks up against the competition – and whether the price a homebuyer wants for a residence is in line with similar properties.
2. Realistic Expectations
Let's face it – as much as a home seller would like to enjoy a fast, seamless negotiation with a property buyer, many hurdles may delay a home sale. But a home seller who establishes realistic expectations before a negotiation begins may be able to minimize stress.
For home sellers, it is important to understand that a negotiation must meet the needs of both a property buyer and seller. And if you consider the homebuyer's perspective, you may be able to enter a negotiation with an open mind.
Furthermore, a home seller should be unafraid to walk away from a negotiation if necessary. Although exiting a negotiation is far from ideal, it is important to remember that it is always an option. Thus, if a negotiation reaches a point where you start to feel uncomfortable, you can always walk away and relaunch your efforts to sell your house.
3. An Expert Real Estate Agent
No one should be forced to enter a home selling negotiation without expert assistance. Luckily, real estate agents are available in cities and towns nationwide, and these housing market professionals possess the skills and know-how to assist home sellers during negotiations.
An expert real estate agent will serve as a liaison between a home seller and homebuyer. He or she will provide honest, unbiased recommendations throughout each stage of a home selling negotiation, ensuring you can make informed decisions along the way. Perhaps best of all, a real estate agent is happy to respond to any home selling concerns and queries – without exception.
Want to take the guesswork out of negotiating a home sale? Consider the aforementioned factors before you begin a home selling negotiation, and you can improve your chances of securing the best price for your residence.