Paul Stonkus' Blog
If you plan to sell a house for the first time, it pays to think about how you'll price your house. By doing so, you can establish a competitive price for your residence and boost your chances of a fast, profitable home sale.
Now, let's take a look at three pricing tips that every first-time home seller needs to know.
1. Perform Housing Market Research
Although you may have bought your home in the peak of a buyer's market, it is important to note that the real estate sector constantly fluctuates. This means the value of your home today is unlikely to match its value from a few years ago.
Before you price your house, you should take a look at a variety of housing market data. This information is readily available and will enable you to take an informed approach to the real estate market.
For example, a first-time home seller should examine the prices of available houses that are similar to his or her own. With this housing market data, a home seller can find out how his or her residence stacks up against the competition.
It also helps to review the prices of recently sold houses in your city or town. That way, you can determine whether you're about to enter a buyer's or seller's market and set realistic pricing expectations for your residence.
2. Conduct a Home Appraisal
A home appraisal is exceedingly valuable, particularly for a first-time home seller who is uncertain about the value of his or her house.
During a home appraisal, a property appraiser will examine a residence's condition, as well as various housing market data. Then, this appraiser will provide a comprehensive report that includes a property valuation.
By completing a home appraisal, a first-time home seller can receive expert property insights. Plus, the appraisal enables a home seller to identify a property's strengths and weaknesses.
3. Collaborate with a Real Estate Agent
A real estate agent is a housing market professional who is committed to client results. As such, a real estate agent will go above and beyond the call of duty to help a first-time home seller set the right price for his or her house.
Typically, a real estate agent will meet with a home seller and learn about his or her property selling goals. This housing market professional then will provide extensive housing market insights to ensure a home seller can establish a competitive home price from day one.
Let's not forget about the support that a real estate agent provides throughout the home selling journey, either. A real estate agent will set up home showings and open houses and do everything possible to help a home seller optimize the value of a residence. Also, if a home seller has questions, a real estate agent is ready to respond to them at any time.
Take the guesswork out of pricing your residence – use the aforementioned tips, and a first-time home seller can establish a competitive price for his or her home.
Every home seller wants to enjoy a positive property selling experience. Yet ensuring your home selling strategy goes according to plan may be difficult, particularly for a seller who lacks property selling expertise. Lucky for you, we're here to provide the help you need to achieve the optimal results at each stage of the home selling journey.
Now, let's take a look at three tips to help you reap the benefits of a positive home selling experience.
1. Set an Aggressive Initial Home Asking Price
How you price your home will have a significant impact on how quickly your residence sells. If you establish an aggressive initial home asking price, you should have no trouble stirring up plenty of interest in your residence as soon as your home becomes available.
Check out the prices of available houses in your area that are similar to your own residence. Then, you can establish a price range for homes in your area and price your house accordingly.
Furthermore, it often helps to evaluate the prices of recently sold houses in your city or town. With this housing market data at your disposal, you can find out whether you're getting ready to sell your home in a buyer's or seller's market.
2. Remove Clutter
Clutter is problematic, particularly for a home seller who wants to streamline the property selling cycle. Fortunately, home sellers who identify clutter now can eliminate this problem before they list their houses.
Antiques, paintings and other excess items inside your home should be removed. You can always rent a storage unit, which will enable you to keep these items safe until you sell your house. Or, you can host a yard sale or sell excess items online prior to listing your residence.
Don't forget to remove lawn decorations and other clutter from outside your house as well. By doing so, you can instantly improve your house's curb appeal and increase the likelihood of a fast, profitable home sale.
3. Consult with a Real Estate Agent
A real estate agent is prepared to do everything possible to ensure you can enjoy a positive house selling experience. In fact, this housing market professional will offer plenty of support at each stage of the home selling journey.
Usually, a real estate agent will meet with you before you list your house. He or she then will craft a home selling strategy designed to help you accomplish your home selling goals. Next, a real estate agent will promote your house to dozens of potential buyers, set up home showings and open house events and keep you up to date about any offers to purchase your residence. And if you decide to accept an homebuying proposal, a real estate agent will guide you through the home closing process.
Ready to reap the benefits of a positive home selling experience? Take advantage of the aforementioned tips, and you can seamlessly navigate the home selling journey.
You've sold your home, and moving day is almost here. As such, now may be the perfect time to pack an overnight bag; that way, you're ready to survive with only limited supplies until you get settled into your new house.
Ultimately, there are several essential items to include in an overnight bag, such as:
It is important to pack enough clothing to ensure that you can dress comfortably until you get unpacked. Thus, you'll want to consider how long that it will take you to get settled into a new house as you prep your overnight bag.
For example, if you plan to take several days to unpack, you'll want to pack your overnight bag clothing accordingly. In this scenario, you'll likely need work clothes for the days that you're in the office, along with pajamas and other comfortable clothing that you can wear around the house.
If you know that you're going to be living outside a traditional home environment for a few days, it never hurts to pack cash in your overnight bag. By doing so, you'll have money available to buy food, beverages and other items as needed.
Consider how much money that you'll need to survive even a few days outside of a traditional home setting. Also, be sure to keep extra cash close to reduce the risk of losing this money while you relocate to a new address.
Shampoo, toothpaste and other toiletries should be included in your overnight bag. These items ensure that you can maintain a clean, neat appearance, regardless of where you're staying.
Many convenience stores and supermarkets sell travel-size versions of popular toiletries. Therefore, you may want to purchase travel-size toiletries to limit the chance that assorted toiletries will take up too much space in your overnight bag.
Furthermore, you can pack only the toiletries that you know you'll need for a set period of time to conserve additional space in your overnight bag.
4. Smartphone Charger
Let's face it – no one want to lose access to his or her smartphone for any length of time. Fortunately, if you pack a smartphone charger in your overnight bag, you can recharge your smartphone at any time.
Include a smartphone charger and any smartphone cords or wires in your overnight bag. In addition, don't forget to test your smartphone charger and accessories to ensure they work properly.
Packing an overnight bag can be quick and simple, particularly for those who plan ahead. And if you include the aforementioned items in your overnight bag, you should have no trouble surviving outside a traditional home setting.
Lastly, if you need help as you get ready to vacate your house, a real estate agent may be able to provide assistance. A real estate agent serves as an expert guide along the home selling journey and will do everything possible to guarantee that you are fully prepared for an upcoming move.
The real estate market offers no guarantees for house sellers. Thus, even if your home boasts lots of great features and is available at an appealing price, there is no guarantee that your residence will sell quickly.
Ultimately, a home seller must act aggressively to promote his or her residence to the right groups of buyers. With an aggressive approach to the home selling journey, an individual can boost the likelihood of enjoying a quick, profitable house selling experience.
There are many things that you can do to stay aggressive as you strive to sell your home, and these include:
1. Study the Local Housing Market
The local housing market may fluctuate. Fortunately, a home seller who analyzes the local real estate sector closely can gain the insights that he or she needs to speed up the house selling cycle.
Take a look at houses as they are added to the real estate market in your city or town. By doing so, you can see how comparable houses stack up against your residence. And if you find that your home pales in comparison to similar residences, you can perform myriad house upgrades.
Furthermore, if you find that the price of your home is much higher than the prices of comparable houses in your area, you may want to lower your residence's price. This may help you stir up lots of interest in your home from buyers, as well as accelerate the home selling journey.
2. Maintain Your Home's Appearance
You may have already dedicated substantial time and resources to upgrade your house's interior and exterior. However, if you fail to keep your house looking great, it may be tough to achieve your desired home selling results.
Perform regular house cleaning both inside and outside your residence. This will ensure that your house boasts amazing curb appeal. Also, once buyers enter your residence, they may fall in love with your residence's interior.
3. Work with a Real Estate Agent
A real estate agent usually has a simple goal: to help a seller seamlessly navigate the house selling journey. Therefore, if you collaborate with a real estate agent, you can work with a diligent housing market professional who will do everything possible to help you succeed.
Oftentimes, a real estate agent will meet with a home seller and craft a personalized house selling strategy. He or she then will put this plan into action and promote a seller's residence to prospective buyers. Plus, if a seller receives an offer to purchase his or her house, a real estate agent will help this individual review the homebuying proposal. And if a seller decides to accept the offer to purchase, a real estate agent will make it easy for this individual to finalize his or her home sale.
Ready to add your residence to the housing market? Use the aforementioned tips, and you can take an aggressive approach to streamline the home selling journey.
As a home seller, it is important to do everything possible to transform an ordinary kitchen into a comfortable, attractive setting. With an awe-inspiring kitchen, you may be able to differentiate your house from others that are available in a competitive real estate market. Plus, your house's kitchen might even lead some homebuyers to submit offers immediately following a home showing.
Clearly, a top-notch kitchen can make a world of difference when you sell your house. But how can you determine whether a kitchen overhaul is necessary?
Here are three questions to consider before you embark on a kitchen renovation.
1. When do I plan to sell my house?
If you intend to sell your home quickly, you may have limited time at your disposal. Therefore, a complete kitchen overhaul may not be an option.
On the other hand, if you have several weeks or months to plan ahead, it may be worthwhile to evaluate your kitchen and find ways to improve it.
Consider your home selling timeline closely. That way, you can examine various home improvement projects and determine whether a kitchen renovation is a priority.
2. How much money do I have to complete a kitchen renovation?
A kitchen renovation can include everything from simple upgrades to a massive overhaul. As such, the costs associated with a kitchen renovation may vary.
Assess your home improvement budget and plan accordingly. If you have the funds available, you may be able to revamp your entire kitchen. However, if your financial resources are limited, you may need to consider cost-effective measures to enhance your kitchen.
Remember, there are many quick, easy ways to bolster your kitchen. Wiping down the walls and ceiling can help your kitchen dazzle. Meanwhile, repainting the kitchen walls and mopping the floors also provide simple, effective ways to improve your kitchen's appearance without breaking your budget.
3. Is a kitchen renovation worth my time?
A home appraisal may prove to be exceedingly valuable, particularly for home sellers who are on the fence about completing a kitchen renovation.
During a home appraisal, a property inspector will examine your residence and provide a report that highlights your house's strengths and weaknesses. This report can help you establish a price range for your home. In addition, the report may provide you with insights into whether a kitchen renovation may enable you to boost your home's value.
Lastly, if you're still uncertain about a kitchen renovation after a home appraisal, a real estate agent may be able to provide extra support.
A real estate agent understands the ins and outs of selling a home. Thus, he or she can evaluate your residence and help you decide whether a kitchen renovation is worth your time.
When it comes to a kitchen renovation, it is essential for home sellers to examine all of their options. Consider the aforementioned questions, and you should have no trouble determining if a kitchen renovation is right for you.