Meghan McCormick's Blog
If you want to promote your house to potential buyers, there is no shortage of options at your disposal. In fact, some of the proven ways to showcase a residence to potential buyers include:
1. Home Listing
A home listing can make a world of difference for any home seller, at any time. However, it is important to note that not all home listings are created equal. But if a seller allocates the necessary time and resources to create an effective home listing, he or she should have no trouble stirring up interest in a residence.
Oftentimes, an effective home listing includes accurate information about a home's age and condition. The listing also should be both informative and engaging.
The ideal home listing should be shared with a seller's family members and friends too. That way, a seller's loved ones can offer details to lots of potential buyers about a residence, thereby increasing the likelihood of a fast home sale.
2. Social Media
Facebook, Twitter and other social networks are exceedingly valuable to home sellers. These networks enable sellers to share details about their residences, as well as respond to potential buyers' concerns and questions.
If you decide to share details about your home via social media, it often helps to include high-resolution photographs of your residence. With these photographs, a seller can showcase various areas of a home and help a buyer determine whether to set up a date and time to check out a residence in-person.
Furthermore, don't forget to post to social media regularly. Because the more frequently that a seller shares details about his or her home across social networks, the more likely it becomes that a potential buyer will learn about the residence and schedule a home showing.
3. Real Estate Agent
If you are unsure about how to promote your residence to potential buyers, there is no need to worry. Dozens of real estate agents are available in cities and towns nationwide, and these housing market professionals can guide you along the home selling process.
A real estate agent will learn about your home selling goals, as well as your residence. Then, this housing market professional will offer home selling suggestions and help you map out a successful home selling strategy.
Typically, a real estate agent will set up home showings and open house events, keep you up to date about offers on your residence and negotiate with a buyer's agent on your behalf. He or she also is unafraid to speak from the heart, and as such, will provide honest, unbiased home selling recommendations.
Perhaps best of all, a real estate agent can respond to your home selling queries. This housing market professional will even educate you about the real estate market and ensure that you can make informed home selling decisions.
Ready to promote your residence to large groups of potential buyers? Use the aforementioned options, and you can improve your chances of stirring up substantial interest in your house.
Although you may have listed your residence in the hopes of a fast home sale, the real estate market has been tough to navigate thus far. As a result, your house has lingered on the real estate market for several weeks, and no end to the home selling journey appears in sight.
Fortunately, we're here to help you generate interest in your house and speed up the home selling process.
Let's take a look at three quick, easy ways to stir up interest in your residence.
1. Clean Your Home Both Inside and Out
Your house's exterior can make a world of difference in the eyes of homebuyers. If your house has a pristine lawn, immaculate siding and other outstanding exterior features, it may stand out to large groups of potential buyers. Conversely, if your residence fails to make a positive first impression on homebuyers, it is unlikely that these buyers will set up home showings.
Mow the lawn, trim the hedges and perform assorted home exterior maintenance and repairs. By doing so, you can instantly boost your house's curb appeal and make your home an attractive choice to dozens of potential buyers.
Furthermore, don't forget to mop the floors, wipe down countertops and ensure your home interior dazzles. Because if your home interior impresses homebuyers, it may be only a matter of time before these buyers submit offers on your house.
2. Declutter As Much As Possible
Clutter can make your house appear smaller than it actually is and get in the way of a potential home sale. As such, you should remove as much home clutter as possible.
Renting a storage unit is a great option for any home seller. With a storage unit at your disposal, you can pack up excess items and store them securely until your house sells.
Also, keep in mind the homebuyer's perspective as you declutter your residence. A homebuyer wants to envision what life would be like if he or she purchases your house. Therefore, you should remove artwork, photographs and other personal mementos from your home to help a homebuyer imagine life as the owner of your residence.
3. Collaborate with an Expert Real Estate Agent
A real estate agent possesses the skills and know-how to help you promote your residence to the right homebuyers, at the right time, every time. Thus, if you hire a real estate agent today, you can move one step closer to selling your house.
Ultimately, a real estate agent will support you in a number of ways. He or she will help you list your residence, set up home showings and host open house events. Also, a real estate agent will keep you up to date about any home offers and provide recommendations throughout the home selling cycle.
Accelerate the home selling process – use the aforementioned tips, and you can quickly and effortlessly stir up plenty of interest in your home.
Selling a vacation home is a lot like selling any other property, but for a few key differences. One, most vacation homes are far from the people who want to purchase them. Two, most vacation homes are far away from their owners, as well. This distance between owners, sellers, and the property can lead to some marketing challenges.
Working with a team of dedicated professionals can help. If you're a vacation home owner who would like to sell your property sometime in the next few months, working with a capable real estate professional can help the selling process go smoothly and quickly. Here's what you need to know.
1. Maintain the Property
Before listing your property for sale, address your deferred maintenance. Is the air conditioner old or in disrepair? Get a tune up or replace the unit. Does the chimney need a new liner? Replace it. Disclose these new repairs to your real estate professional, so they can mention recent repairs in your home's description.
If you choose not to make these repairs before listing your home for sale, assume you'll have to disclose maintenance problems and (probably) reduce your price. Work with a real estate professional who can help you negotiate a good deal, while keeping in mind that you won't be able to fetch the best price for your property.
Buyers love new features, especially new kitchens, bathrooms and decks. If you're trying to collect the maximum amount for your vacation home, talk to your real estate agent about upgrading parts of the property that are out of date.
Not all home buyers expect the latest and greatest from their vacation home. If your property is a cabin in the woods, buyers may expect the facilities to be rustic and basic. If you're selling a beach house, buyers may have greater expectations. Your real estate professional will be able to tell you if a home upgrade will do you good, and if so, what kind of home upgrade.
3. Improve Curb Appeal
Views, scenery and natural surroundings tend to be very important for vacation properties. Work with a landscaping professional or a contractor to improve your vacation home's curb appeal. This may mean planting flowers, installing a pathway, replacing overgrown or unhealthy shrubs and even clearing away trees that block the view. Do this before listing your home for sale, so the house will be ready when the photographer takes pictures.
4. Get Professional Photographs & a Virtual Tour
Hire a photographer or media specialist to take professional photographs of your property and make a virtual tour. Photographs are very important because buyers may not be local and must rely on pictures to decide which homes are of interest. Virtual tours also make it easier for home buyers to decide which properties are most enticing. The easier it is for your home to be seen from a distance, the more attention it will attract from potential buyers.
5. Find the Right Real Estate Professional
Work with a real estate professional who is experienced working with remote buyers and sellers. Interview several real estate professionals and ask them which strategies they recommend for selling a home remotely. Choose the real estate professional who has the most experience working with vacation home buyers and sellers, as this will be very important for the successful sale of your property.
If you want to find and purchase a great house at a budget-friendly price, it helps to enter the homebuying journey with a plan in hand. Lucky for you, we're here to help you prepare for all stages of the homebuying journey.
Now, let's take a look at three tips so you can set yourself up for success as you search for your dream residence.
1. Make a List of Home Must-Haves
The definition of a dream home varies from buyer to buyer. To define your dream home, you should craft a list of house must-haves and use this list to streamline your quest to acquire your ideal residence.
Think about which home features you need. For instance, if you require a house that boasts multiple bedrooms, you can tailor your house search accordingly. Or, if you need a home that is close to your office, you can search for a residence that provides convenient access to your office.
You may want to make a list of preferred cities and towns, too. This list will enable you to focus on available houses in cities and towns that match your expectations.
2. Create a Homebuying Budget
Learn about different types of mortgages – you'll be glad you did. Because if you make an informed mortgage selection, you can begin your home search with a budget at your disposal.
Generally, it is a good idea to meet with banks and credit unions before you launch a house search. Banks and credit unions are happy to teach you about myriad types of home financing. Then, you can select a mortgage that can help you make your homeownership dream come true.
If you are unsure about how various mortgage options work, there is no need to stress. Banks and credit unions employ courteous, knowledgeable mortgage specialists, and these professionals can teach you everything you need to know about home financing.
3. Collaborate with a Real Estate Agent
A real estate agent is a homebuying expert who is happy to share his or her housing market insights with you. By doing so, a real estate agent will help you achieve your desired homebuying results as quickly as possible.
Typically, a real estate agent takes an in-depth approach to the homebuying journey. He or she first will learn about you and find out what you want to find in your dream residence. Next, a real estate agent will help you narrow your house search to residences that satisfy your needs and keep you up to date about available homes that may suit you perfectly. If you find a home you want to buy, a real estate agent then will help you craft a competitive offer to purchase this residence. Finally, if your offer to purchase a house is accepted, a real estate agent will help you complete the homebuying journey.
Want to acquire your ideal residence? Take advantage of the aforementioned tips, and you can put yourself in position to succeed as you pursue your dream home.
After you complete a condo inspection, you'll need to make a major decision: Should you move forward with your condo purchase or rescind your offer?
Ultimately, there are several important questions to assess before you finalize your decision on a condo, including:
1. What was discovered during the property inspection?
Study the results of a condo inspection closely. By doing so, you'll be able to learn about a condo's strengths and weaknesses and plan accordingly.
A property inspector will evaluate a condo both inside and out. He or she also will provide honest, unbiased feedback, enabling you to make an informed decision about how to proceed with a condo.
Take into account major and minor condo problems that a property inspector discovers. And if this inspector finds minor flaws associated with a condo, you may want to stay the course and move forward with your initial proposal.
On the other hand, if a property inspector finds significant problems with a condo, i.e. issues that may prove to be costly and time-consuming, you may want to consider rescinding your offer. Or, in this case, you can always ask the condo owner to complete property repairs before you finalize a condo purchase.
2. How much will it cost to perform assorted condo repairs?
The costs associated with condo repairs will vary. However, if you allocate the time and resources to learn about condo problems and the costs associated to fix these issues, you may be able to avoid expensive, time-intensive mistakes.
For example, consider what might happen if a property inspector discovers a defective kitchen light switch in a condo. Although this light switch is a problem, the time and costs needed to repair or replace the faulty light switch likely are minimal. As such, a condo buyer may choose to ignore this problem, or a condo owner may be willing to complete the fix quickly.
Conversely, consider what could happen if a property inspector finds that a condo's furnace is defective. It may cost thousands of dollars to fix or replace a faulty furnace. As a result, a condo buyer may ask the property seller to repair or replace the defective furnace. And if the condo owner fails to do so, a buyer may choose to walk away from the condo purchase altogether.
3. Can I enjoy this condo both now and in the future?
It is essential to consider both the short- and long-term ramifications of a condo purchase. That way, a condo buyer can determine whether a property can serve him or her well for years to come.
A property inspection offers valuable information that a buyer can use to assess the pros and cons of purchasing a condo. Furthermore, a condo buyer who works with an experienced real estate agent can get the support needed to make the best decision possible.
Consider the aforementioned questions as you evaluate your options following a condo inspection, and you should have no trouble deciding whether a particular condo is right for you.