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Posted by Maryann Clancy on 11/8/2019

As a first-time home seller, it can be tough to establish a competitive price for your residence. And if you set a price that is too high or too low, you risk alienating potential homebuyers or missing out on an opportunity to maximize the value of your house.

Ultimately, there's a lot to think about as you determine the price for your residence. Lucky for you, we're here to help you take the guesswork out of pricing your home, regardless of the current housing market's conditions.

Let's take a look at three tips to help first-time home sellers set a competitive price for a residence.

1. Study the Real Estate Market

How does your residence stack up against similar houses that are currently available in your city or town? Study the real estate market, and you can find out how your residence compares to the competition.

Evaluate the prices of currently available houses in your city or town. With this housing market data in hand, you can learn how your home ranks against the competition and establish a price range for houses that are similar to your own.

Also, examine the prices of recently sold houses in your area. By doing so, you can find out whether you're about to enter a seller's market or a buyer's market and map out your home selling journey accordingly.

2. Perform a Home Appraisal

A home appraisal can make a world of difference, particularly for a first-time home seller who is uncertain about how to upgrade a residence.

During a home appraisal, a property inspector will examine a home's interior and exterior. After the appraisal is finished, this inspector will provide a home seller with a report that outlines his or her findings.

Take the results of a home appraisal seriously – you'll be glad you did. The appraisal enables a home seller to learn about a home's strengths and weaknesses, and as a result, discover the best ways to transform assorted weaknesses into strengths. Then, a home seller can perform myriad home upgrades and may be better equipped than ever before to optimize the value of a house.

3. Consult with a Real Estate Agent

A real estate agent analyzes housing market patterns and trends closely and is happy to share home selling insights at any time. Thus, this housing market professional can help a home seller establish a competitive price for a home from the get-go.

Moreover, a real estate agent will promote a home to the right groups of homebuyers and work with a home seller at each stage of the property selling journey. He or she will even negotiate with homebuyers on a seller's behalf to increase the likelihood that a seller can get the best price for a residence.

When it comes to selling a home for the first time, there is no need to leave anything to chance. Use the aforementioned tips, and a first-time home seller can set a competitive price for a house and increase his or her chances of a quick home sale.




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Posted by Maryann Clancy on 11/1/2019

The good news: a homebuyer has made an offer on your house and is ready to purchase it as quickly as possible. On the other hand, there's the bad news: this homebuyer has many requests that need to be fulfilled to finalize a home sale.

Unfortunately, a stubborn homebuyer can put a home sale in jeopardy. But a home seller who understands how to deal with a stubborn homebuyer effectively may be able to boost his or her chances of a seamless property sale.

Now, let's take a look at three steps that every home seller can use to deal with a stubborn homebuyer:

1. Focus on the End Results

For most home sellers, the end goal of selling a home is getting the best price for your residence, regardless of the current real estate market's conditions. As such, if you remain focused on your ultimate goals, you may be better equipped than others to deal with a stubborn homebuyer.

If a stubborn homebuyer submits a variety of requests, allocate the necessary time and resources to consider each request closely. Then, if you find the requests are overwhelming, you can always submit counter-proposals.

Lastly, don't forget that you can always walk away from a home selling negotiation that appears to be going nowhere. And remember, if a negotiation with a stubborn homebuyer goes south, you can relist your residence and restart the home selling journey.

2. Consider the Homebuyer's Perspective

Why is a homebuyer acting stubborn? Open the lines of communication with a homebuyer, and you may be able to find out the root of a property buyer's stubbornness and proceed accordingly.

A homebuyer may have concerns or questions about buying your residence. Fortunately, if you maintain open lines of communication with a homebuyer, you can address these concerns and questions without delay.

Also, be aware of the homebuyer's perspective as you proceed along a property selling negotiation. Although a homebuyer may make requests along the way, it is important for you and a property buyer to find common ground. If you feel uncomfortable with a homebuyer's requests, you should be unafraid to walk away from a home selling negotiation altogether.

3. Ask a Real Estate Agent for Extra Help

If you're unsure about how to approach a stubborn homebuyer, there is no need to worry. Conversely, meet with an expert real estate agent, and you can find out how to move one step closer to getting the best price for your residence.

An expert real estate agent will be happy to provide honest, unbiased recommendations about how to collaborate with a stubborn property buyer. Next, you and a stubborn homebuyer can work together to complete a home sale.

Plus, an expert real estate agent may act as a liaison between a property seller and buyer. This housing market professional can learn about both sides and what they are looking for in a home sale and take the necessary steps to deliver the ideal results for all parties involved.

Take the guesswork out of dealing with a stubborn homebuyer – use these tips, and you can boost your chances of navigating a successful home selling journey.




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Posted by Maryann Clancy on 10/25/2019

As a first-time homebuyer, it is important to understand what it takes to discover your dream residence as quickly as possible. By doing so, you can streamline the process of going from homebuyer to homeowner.

What does it take for a first-time homebuyer to seamlessly navigate the housing market? Here are three tips that every first-time homebuyer needs to know.

1. Make a Homebuying Checklist

The definition of the "perfect" house differs from homebuyer to homebuyer. As such, a first-time homebuyer should allocate the necessary time and resources to determine what he or she wants to find in the ideal home. That way, a first-time homebuyer will have no trouble finding a house that matches or surpasses his or her expectations.

With a homebuying checklist, a first-time homebuyer can move one step closer to making his or her property ownership dreams come true. This checklist can help a homebuyer differentiate between home "must-haves" and "wants" so he or she can narrow a home search accordingly.

Furthermore, a first-time homebuyer can update a property buying checklist as he or she begins to check out houses. And if a homebuyer evaluates available residences, this property buyer can update his or her checklist as needed.

2. Get Pre-Approved for a Mortgage

A first-time homebuyer likely wants to purchase a house as quickly as possible. Fortunately, getting pre-approved for a mortgage can help a homebuyer move through the property buying process without delay.

To get pre-approved for a mortgage, a first-time homebuyer should try to meet with several banks and credit unions. Each meeting will allow a homebuyer to learn about assorted mortgage options and select a mortgage that corresponds to his or her finances.

Moreover, a first-time homebuyer should be unafraid to ask plenty of questions when he or she meets with potential lenders. This will allow a homebuyer to make an informed decision about a mortgage.

3. Consult with a Real Estate Agent

When it comes to buying a house for the first time, a homebuyer should seek out expert support. Lucky for you, many real estate agents are available nationwide, and these housing market professionals can make it simple for you to purchase your ideal house.

A real estate agent understands the challenges associated with buying a house for the first time. He or she will teach a first-time homebuyer about these challenges and ensure this property buyer is prepared to take a diligent approach to purchasing a home.

Typically, a real estate agent will set up home showings, offer honest, unbiased homebuying recommendations and negotiate with home sellers on a homebuyer's behalf. This housing market professional will even keep a homebuyer up to date about new houses, ensuring homebuyers can pounce on opportunities to acquire great houses as soon as they become available.

For a first-time homebuyer, there is no need to leave anything to chance. But with the aforementioned tips, a first-time homebuyer can accelerate the homebuying process and improve his or her chances of purchasing a stellar house at an affordable price.




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Posted by Maryann Clancy on 10/18/2019

Curb appeal, the illusive secret weapon that enamors potential buyers from afar and draws them into your home. There have been several attempts to nail down the “secret formula” for curb appeal.

In reality, the best approach to improving your home’s presentation from outside is to take the time to consider what fits.

In this post, we’ll give you some budget ideas to help you find the curb appeal boosters that will match with your home.

1. Fresh paint

One well-known curb appeal strategy is to repaint some of the notable components of the outside of your home. The places that have to most impact?

  • Front door - a front door that pops, but that also fits with the style of your home and complements its main color will make your home stand out from the neighbors.

  • Shutters - repainting your shutters is another inexpensive area to add some color to your home. However, be wary of choosing bright colors for your shutters if they’re going to clash with or disrupt the overall style of your home.

  • Mailbox - a neglected, dented, and a dirty mailbox is a huge turn off for potential buyers. Buying a new one, or adding a fresh coat of paint to your old one that matches one of the highlight colors of your home, can be a great way to add a sense of continuity to the exterior of your house.

2. Sparse decorations

Just like the inside of your home, less is often more when it comes to decoration. There are a number of things to add to your yard that will improve its overall presentation. But, just be sure that it doesn’t appear out of place or tacky. A single, small, and brightly colored bird house in a tree is usually a safe bet.

3. Simple landscaping

There’s no need to hire contractors for elaborate landscaping or to purchase expensive plants and shrubbery. A well-manicured yard is enough to make your home stand out. And, remember that potential buyers will most likely be looking for a home that is low-maintenance. A simple lawn and walkway say just that.

Also be sure to trim and prune your current trees, bushes, and flowerbeds. You might find that a cleanup is all they needed to be impressive once more.

4. Pressure washing

Most of us grow accustomed to how our home looks and might not notice the accumulation of dirt on the siding. By hiring or renting a pressure washer for a day, you’ll be able to update a number of aspects of curb appeal. From siding and decks to walkways and driveways, you can cover a lot of square footage with a pressure washer.

One note on pressure washers: the better ones can be dangerous. That means hiring a professional could help get the best results for your money. Also, while you can buy a pressure washer, you might find that for the amount you use it, it’s easier just to hire or rent every few years.




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Posted by Maryann Clancy on 10/11/2019

You’ve finalized the paperwork moved the last box and may have even kicked up your feet to relax. It’s time to celebrate owning your very own home. Homeownership is a major milestone after all and you deserve to bask in the pride of this accomplishment by throwing a housewarming party. Share your new home and kickoff memories to come with your favorite people.

Start planning by tallying the number of guests on your list that will comfortably, and safely, fit into the amount of space your home has. You also want to keep your budget in mind as you finalize the number of guests for your party.

The best time to throw a housewarming party is two to three weeks after you’ve moved and have begun to settle in. Most of your boxes are probably unpacked by this point and you have an idea of how you’d like everything to be set up.

Send out invites two weeks ahead of time to give everyone enough time to arrange their schedules plan for your party. This is also a good time to begin planning food and drinks. You’ll want to create a cohesive spread of food or if your party is at a mealtime plan a full dinner. Make calls to get pricing for any catering you may want to have done or start gathering recipes.

You’ll want to have every room of your home ready for showing the day of the party as guests will want to see the full house. Do your best to make each room presentable and try to have everything unpacked and put away. Have a playlist of music to play for the party and buy some fresh cut flowers to put a finishing touch to each room.

Have your home ready for the influx of guests by stocking your bathroom with plenty of toilet paper, several fresh hand towels and a full bottle of hand soap. Have a place ready for guests to leave coats, bags, and shoes.

On the day of the party, try to greet every guest as they arrive. Offer them a drink, show them where refreshments are available and give directions to the bathroom. Offer tours of your home throughout the day/night in small groups so everyone has a chance to get the full viewing.

Signify the party is wrapping up by offering dessert and coffee. Thank all of your guests for coming as they depart. It is always a nice touch to send thank you notes to guests, especially to those who brought housewarming gifts.

Owning a home is a major accomplishment and one that should be celebrated! Housewarmings are a fun way to gather friends and family together and enjoy the fruits of your labor.




Tags: new home   party   housewarming  
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