Jonathan Parker & Sharon Kelley's Blog
Resourcefulness is a key trait of a successful home seller, and perhaps it is easy to understand why.
Typically, a resourceful home seller will be able to identify opportunities to promote his or her residence in any real estate market, at any time. This home seller also will know what it takes to accelerate the property selling cycle and maximize the value of his or her residence.
So what does it take to become a resourceful home seller? Here are three tips to help you do just that.
1. Learn About the Housing Market
The housing market can be difficult to navigate, particularly for a first-time property seller. Fortunately, housing market data is readily available and can provide you many insights that can help you become a resourceful home seller.
For example, home sellers can check out the prices of houses that are similar to their own any time they choose. With this housing market data in hand, property sellers can understand how their residences stack up against the competition.
Home sellers also should evaluate the prices of recently sold residences in their city or town. That way, home sellers can find out whether they are preparing to enter a seller's or buyer's market.
2. Understand Your House's Strengths and Weaknesses
Although you've allocated substantial time and resources to maintain your residence over the years, it is important to realize that no house is perfect. However, a resourceful home seller will understand his or her property's strengths and weaknesses and plan accordingly.
A home appraisal offers a great learning opportunity for a home seller. During this appraisal, a property inspector will examine a home both inside and out. Then, a home seller will receive a report that outlines a house's pros and cons.
After a home appraisal, a property seller may be better equipped than ever before to establish a competitive price for his or her house. As a result, this home seller can boost his or her chances of speeding up the property selling process.
3. Collaborate with a Real Estate Agent
Even resourceful home sellers know that navigating the property selling journey on their own can be tough. Luckily, real estate agents are available who can help you analyze the housing market and get the best results during the home selling journey.
A real estate agent can help you set up home showings and open houses, negotiate with homebuyers and much more. In addition, a real estate agent will learn about your home selling goals and work with you to achieve them quickly and effortlessly.
Perhaps best of all, a real estate agent can provide you with home selling resources and insights that you may struggle to obtain elsewhere. He or she can teach you about the ins and outs of the real estate market and ensure you can seamlessly sell your house.
Get ready to sell your house – use these tips, and you can become a resourceful home seller.
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.
If you intend to sell your house, you may want to let your family know about your decision. In fact, there are many reasons why you should consult with family members before you add your house to the real estate market. These reasons include:
1. You can address any concerns or questions.
Family members may have concerns or questions about your decision to sell your home. Fortunately, you can address their concerns and questions before you list your residence.
Remember, family members care about your well-being. If you involve them in the home selling process, you may be able to avoid potential conflicts down the line. Perhaps best of all, if you share your decision to sell your residence with family members, you can help them get on board with your decision.
2. You can plan ahead for the home selling journey.
The home selling journey may prove to be long and difficult, particularly for an individual who initially tries to work alone. Luckily, family members can offer lots of assistance as you get ready to sell your house.
If you inform family members about your decision to sell your home, they can help you prep for all aspects of the property selling journey. For example, family members can help you clean your residence and ensure that it looks great both inside and outside. As a result, telling your family members about your decision to sell your house may enable you to speed up the process of selling your house.
3. You can receive home selling guidance and support.
Family members are ready to help you in any way they can. Thus, if family members sold houses in the past, they may be able to share their house selling experiences with you. And as such, you can learn from their past experience so you are better equipped than ever before to streamline the home selling journey.
Lastly, as you prepare to enter the housing market, you may want to collaborate with a real estate agent. This housing market professional is happy to help you break the news about your decision to sell your home to family members. Also, he or she will provide comprehensive support as you navigate each stage of the house selling process.
Typically, a real estate agent will craft a personalized home selling strategy based on you, your home and your house selling goals. He or she next will set up property showings and open house events to promote your residence to prospective buyers. If a buyer submits an offer to purchase your house, a real estate agent will help you review this proposal so you can determine whether to approve, reject or counter it.
For home sellers who want to enjoy a fast, profitable house selling experience, it often is beneficial to hire a real estate agent. If you have a real estate agent at your side, you can quickly stir up interest in your home and boost the likelihood of maximizing your property sale earnings.
For a home seller who wants to maximize his or her house sale earnings, it may be beneficial to invest in property improvements. In fact, there are many reasons why now may be a good time to perform property upgrades. These reasons include:
1. You can make your house an attractive option to prospective buyers.
As a home seller, it is important to do everything possible to help your house stand out to potential buyers. If you dedicate time and resources to perform property improvements, you could make your home an attractive option to buyers. And as a result, you may be able to speed up the home selling journey.
When it comes to performing home improvements, it is important to remember that even minor upgrades can make a world of difference. Thus, if you start small with home improvement projects, you may be able to significantly enhance your residence.
2. You can differentiate your house from the competition.
Oftentimes, it can be tough for a home seller to differentiate his or her residence from comparable properties in the same city or town. If you conduct home improvements, however, you could distinguish your home from the pack.
New siding, a new roof or other home upgrades are sure to impress lots of prospective buyers. Therefore, if you invest in home improvements, you could make it easy for buyers to see exactly what your house has to offer. And if a buyer likes what he or she sees, this individual may be more inclined than ever before to submit an offer to purchase.
3. You can boost your house's value.
Home improvements enable you to upgrade your house's condition. As such, you could bolster the value of your home if you invest in property improvements today.
Ultimately, it may be helpful to conduct home improvements and receive a property appraisal before you list your residence. This may allow you to receive the best-possible appraisal for your house. Perhaps most important, with an appraisal report in hand, you can price your home competitively based on its age and condition.
As you prepare to enter the housing market, you may want to hire a real estate agent too. If you employ a real estate agent, you can receive extensive support throughout the property selling journey.
In most instances, a real estate agent can offer recommendations about potential home improvements. This housing market professional can help you prioritize home improvement projects and ensure you can make the most of the time and resources at your disposal.
A real estate agent also will respond to your home selling concerns and questions at any point during the property selling journey. Plus, he or she will host home showings and open house events and do whatever it takes to generate interest in your house.
Perform home improvements – you'll be glad you did. If you upgrade your residence both inside and outside, you could increase the likelihood of a fast, profitable house selling experience.
As a home seller, you need to do everything possible to learn about the competition. By doing so, you can find out what sets your house apart from other available residences and promote your home accordingly.
Ultimately, gaining a competitive advantage over rival home sellers can be simple – here are three tips to help you do just that.
1. Become a Real Estate Market Expert
Allocate the necessary time and resources to analyze the real estate market closely – you'll be happy you did. With housing market insights at your disposal, you can map out a successful home selling journey.
Take a look at the prices of homes that are currently available in your city or town. Focus on houses that are similar to your own, and you can establish a price range for your residence.
Also, examine the prices of recently sold houses in your area. This will allow you to see how long it took for these residences to sell. Plus, you can find out whether you're about to enter a buyer's or seller's market.
2. Learn About Your Home's Condition
Conduct a home appraisal, and you can gain unparalleled insights into your house's condition.
A home appraisal usually takes just a few hours to complete. During this appraisal, a property inspector will examine your residence and identify any home problems. Then, the inspector will offer a report that outlines his or her findings.
Following a home appraisal, you can determine the true condition of your house. That way, you can prioritize various home improvements and ensure that your home's condition serves as a key differentiator after you list your residence.
3. Work with a Real Estate Agent
If you're unsure about how to approach a competitive real estate market, there is no need to worry. Many real estate agents are available to assist home sellers and provide these sellers with extensive support throughout the home selling journey.
A real estate agent can offer tips to help a home seller bolster a house's interior and exterior. This housing market professional understands what it takes to promote a residence to the right groups of homebuyers too. Thus, he or she will do everything possible to guarantee your residence stands out from the competition.
Perhaps best of all, no question is too big or too small for a real estate agent. If you want to know the prices of recently sold houses in your neighborhood, a real estate agent can provide you with the pricing data that you need. Or, if you want to enhance your home's interior, a real estate agent is happy to help you discover the best ways to transform your house's interior from drab to dazzling.
Competition is fierce among home sellers. But with the aforementioned tips, a home seller can gain a competitive edge, one that can help this seller accelerate the home selling journey and get the best price for his or her house.