CENTURY 21 CUDDY



Posted by CENTURY 21 CUDDY on 12/2/2018

As a home seller, receiving the first offer on your residence can be an exciting experience. However, the initial offer on your home may prove to be insufficient for a number of reasons, including:

1. The offer fails to meet your expectations.

Ideally, a home seller will allocate the necessary time and resources to fully analyze a house before adding it to the real estate market. This will enable a home seller to establish realistic expectations for his or her house and price it accordingly.

Conducting a home appraisal offers a great starting point for a home seller to determine the true value of a residence. This appraisal ensures a home inspector will examine a residence's interior and exterior. Then, the inspector will provide a report that details a house's strengths and weaknesses.

With a home appraisal report in hand, a home seller should have no trouble establishing a "fair" price for his or her residence. And if an initial offer falls short of this price, a home seller can politely decline the proposal and wait for additional offers.

2. The homebuyer has submitted a "lowball" proposal.

In some instances, a homebuyer may submit a "lowball" offer in the hopes of acquiring a terrific house at a budget-friendly price. If a home seller cannot differentiate between a reasonable offer and a lowball proposal, he or she risks missing out on an opportunity to optimize the value of a residence.

An informed home seller should examine the prices of available houses that are similar to his or her own. By doing so, this property seller can see how his or her residence stacks up against the competition and map out the home selling journey accordingly.

Moreover, an informed home seller will mow the front lawn, trim the hedges and do whatever it takes to enhance a house's curb appeal. This home seller likely understands the importance of making a positive first impression on homebuyers, and as a result, will perform assorted home exterior improvements to help reduce the risk of receiving a lowball initial offer.

3. The offer does not correspond to the current state of the housing market.

For a home seller, it is essential to work with a real estate agent who can provide full details about the current state of the housing market.

A real estate agent can help a home seller differentiate between a buyer's market and a seller's market. Plus, this housing market professional can provide honest, unbiased recommendations about whether a home seller should decline an initial offer on a home.

Many real estate agents are available in cities and towns nationwide, and these housing market experts are happy to help home sellers in any way they can. If you employ a real estate agent before you list your home, you can reap the benefits of unparalleled guidance at each stage of the home selling journey.

There is no reason to settle for a subpar initial offer on your residence. Instead, consider a first offer closely, and you can make an informed decision about whether to decline or accept it.





Posted by CENTURY 21 CUDDY on 11/25/2018

For those who want to sell a home sooner rather than later, there is no time like the present to start preparing for the home selling journey. Lucky for you, we're here to teach you about the home selling journey and ensure you can enjoy a fast, profitable house selling experience.

Now, let's take a look at three tips to help you put together a home selling strategy.

1. Learn About the Local Housing Market

The real estate market is in constant flux. Thus, a housing sector that favors buyers today may shift into seller's favor tomorrow, or vice-versa.

If you learn about the local housing sector, you can differentiate a buyer's market from a seller's market. Then, you can map out your home selling plan accordingly.

Take a look at the prices of recently sold houses in your city or town. If you find that homes are selling at or above their initial asking prices, this may be a sign of a seller's market. Or, if houses are selling below their initial asking prices, the current real estate sector likely favors buyers.

Furthermore, examine how long houses stay available before they sell. If you discover that residences linger on the real estate market for many weeks or months before they sell, you will need to prepare to enter a buyer's market. On the other hand, if houses are selling as soon as they become available, a seller's market may be in place.

2. Find Out What Your House Is Worth

Conduct a house appraisal you'll be glad you did. If you perform a property appraisal, you can obtain an accurate valuation of your house and price your residence appropriately.

Typically, a home appraiser will examine your residence both inside and out. This property expert also will evaluate assorted housing market data. After a home appraiser's work is complete, he or she will provide you with a property valuation.

With a property valuation in hand, you can establish an aggressive initial asking price for your residence. This price will help you stir up interest in your residence as soon as you list it.

3. Hire a Real Estate Agent

There is no need to work alone as you try to navigate the home selling journey. Thankfully, you can hire an expert real estate agent who can take the guesswork out of selling any house, at any time.

A real estate agent understands what it takes to sell a home in a buyer's or seller's market. He or she will help you establish an aggressive initial asking price for your house and promote your residence to dozens of potential buyers. Plus, if you receive an offer to purchase your home, a real estate agent will help you assess this proposal and make an informed decision.

When it comes to getting ready to sell a home, there is no need to stress. Take advantage of the aforementioned tips, and you can craft an effective home selling strategy.





Posted by CENTURY 21 CUDDY on 11/11/2018

Successfully selling your home in the shortest period of time is generally an achievable goal, but there are many potential pitfalls to be aware of. Although one of the most important steps you can take involves hiring an experienced, proactive real estate agent, your own attitude and beliefs can have a major impact on things like the final selling price and how long your house stays on the market.

While your real estate agent can provide valuable guidance, advice, and marketing help, there are certain things that only you, the home owner, can do. Maintaining a positive outlook is one of them.

If you have self-defeating attitudes and beliefs, you may be undermining the sales process and keeping potential buyers at a distance. Here are a few examples of how your own negative attitudes can be a major stumbling block to getting your house sold quickly and for an optimal price.

Unrealistic beliefs: Sometimes sellers are so emotionally connected to their homes that they're unable to relate to the viewpoint and perspective of potential buyers. Pricing, for example, should be based on objective criteria and comparative data, rather than emotional attachment or perceived value. If the price you're asking for your home is significantly above the actual market value of your property, then that will raise red flags in the minds of both prospective buyers and mortgage lenders. Although you want to get the highest possible price for your family's home, it has to be based on a realistic range that would be acceptable to both buyers and lenders.

False expectations: Homeowners who expect prospective buyers to recognize the intrinsic value of their home, even though the paint is peeling and the bathrooms have never been updated, are setting themselves up for disappointment and failure! When you factor in human psychology and the competitive nature of the real estate market, it becomes apparent how vitally important first impressions and overall presentation are to the marketing a home.

Pessimism: Although positive thinking, alone, is not going to get your house sold, it can help give you that extra boost of energy and motivation to make sure your home is clean, organized, and visually appealing. Pessimism, on the other hand, can cause you to be less thorough, attentive, and conscientious about keeping your home immaculate, fresh, and ready for potential buyers. If there's any hint of the house being unclean, in disrepair, or cluttered, then you've lost your opportunity to make a positive first impression.

Finding and working with a real estate agent who's got a solid sales record and a proactive approach to selling houses is among the key ingredients to getting your home sold quickly and for the best possible price. Although they'll be doing the lion's share of work when it comes to marketing your property and coordinating the details, your support and cooperation plays an important role in the ultimate success of their efforts.





Posted by CENTURY 21 CUDDY on 10/28/2018

To succeed in the real estate market, a home seller must understand what it takes to promote his or her residence to potential homebuyers consistently. However, transforming this dream into a reality can be exceedingly difficult, particularly for a home seller who is listing a house for the first time.

So what does it take for a home seller to succeed in any housing market, at any time? To find out, let's consider the home seller's perspective and look at three steps that home sellers can take to get the best results during the property selling journey.

1. Examine the Housing Market

Today's housing market may change tomorrow. As such, an informed home seller must go above and beyond the call of duty to understand real estate market trends. By doing so, a home seller can map out his or her property selling journey accordingly.

Take a look at the prices of available homes that are similar to your own. That way, you can better understand how your residence stacks up against the competition.

Don't forget to check out the prices of recently sold houses in your city or town as well. With this housing market data, you can find out whether you're preparing to enter a seller's or buyer's market.

2. Perform a Home Appraisal

You might think that your home will sell just days after it reaches the real estate market. Conversely, most homebuyers might disagree, especially if you failed to maintain your house's interior and exterior over the years.

Ultimately, a home appraisal allows you to learn about your house's strengths and weaknesses. This appraisal enables a property inspector to review your home's interior and exterior. Then, the inspector will provide you with a report that you can use to see whether your residence is housing market-ready.

If you find that your home is in need of serious improvement, there is no need to worry. Instead, you can dedicate the necessary time and resources to upgrade your residence's interior and exterior before you list your house.

On the other hand, if a property inspector gives your home positive marks across the board, you may be ready to add your residence to the real estate market right away.

3. Meet with a Real Estate Agent

No home seller should be forced to enter the housing market alone. Fortunately, you can hire a real estate agent to guide you along each stage of the property selling journey.

A real estate agent understands what it takes to sell a home in any housing market without exception. He or she will set up home showings and open houses, promote your residence to the right groups of homebuyers and negotiate with property buyers on your behalf. As a result, you can streamline the process of getting the best price for your residence.

Want to add your house to the real estate market? Now that you know all about the home seller's perspective, you should have no trouble optimizing the value of your home.





Posted by CENTURY 21 CUDDY on 10/21/2018

How a home seller approaches the real estate market may dictate his or her success. For example, if a seller allocates time and resources to learn about the property selling journey, he or she may be able to plan ahead and sell a house in a single day. On the other hand, a seller who fails to showcase his or her residence to the right groups of potential buyers may struggle to achieve the optimal results.

As a home seller, it is essential to do whatever it takes to streamline the property selling journey. Now, let's take a look at three tips to help you speed up the home selling journey so you can accomplish your desired property selling goals faster than ever before.

1. Improve Your House's Curb Appeal

Curb appeal is a key tenet of the home selling journey. If your home has amazing curb appeal, it likely will generate lots of interest from prospective buyers. As a result, your house may stand out from similar properties in your city or town, and you could accelerate the property selling journey.

To enhance your home's curb appeal, you should repair any damaged siding, mow the lawn and conduct assorted home exterior upgrades. If you need help with home exterior improvements, you can always hire professional contractors as well.

2. Eliminate Clutter

Let's face it clutter is a problem that can be tough for home sellers to eliminate. Yet a seller who spends time removing antiques, paintings and other clutter can make it easy for buyers to envision what life may be like if they purchase a residence. As such, sellers should devote time to eliminate clutter so they can show off the true size and beauty of their houses.

Sometimes, it helps to rent a storage unit prior to listing a residence. A storage unit allows a home seller to safely store various personal belongings until his or her house sells. Then, this individual can move his or her personal belongings from a storage unit to a new residence.

3. Hire a Real Estate Agent

A real estate agent is willing to do whatever it takes to help you seamlessly navigate the house selling journey. He or she will promote your residence to prospective buyers, offer tips and guidance during the home selling journey and much more. By doing so, a real estate agent will help you get the best-possible results during the home selling journey.

Let's not forget about the support that a real estate agent provides as you determine whether to accept or reject an offer to purchase your home, either. At this point, a real estate agent will provide an honest, unbiased recommendation about how to proceed with a homebuying proposal. He or she also is happy to negotiate with a buyer's agent on your behalf to help you maximize the value of your home sale.

Want to streamline the home selling process? Use the aforementioned tips, and you can boost your chances of enjoying a fast, profitable home selling experience.







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