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 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.





Posted by CENTURY 21 CUDDY on 9/2/2018

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.





Posted by CENTURY 21 CUDDY on 7/29/2018

A successful home seller knows exactly what it takes to list a residence and maximize its value, regardless of the current real estate market's conditions. In fact, a successful home seller displays many attributes, such as:

1. Empathy

If a home seller can step into a homebuyer's shoes, he or she may be better equipped than ever before to enjoy a successful home selling experience. Thus, empathy may play a key role in your ability to quickly sell your house and receive the best price for it.

When it comes to analyzing the buyer's perspective, it generally helps to conduct a home inspection. That way, you can receive insights into any underlying home issues and address these problems accordingly.

Furthermore, an empathetic home seller may be more likely than others to conduct a home appraisal. With a home appraisal report in hand, a home seller can use a data-based property valuation to establish a competitive home price.

2. Diligence

A successful home seller will do everything possible to achieve the optimal results throughout the home selling journey. As such, this individual is diligent and allocates the necessary time and resources to learn what it takes to sell a house.

Typically, a successful home seller will work with a real estate agent, and for good reason. A real estate agent can provide expert insights into the housing market and help a seller get his or her residence ready to sell. Then, a real estate agent can offer comprehensive recommendations and tips to ensure a home seller can succeed.

3. Patience

Patience is a virtue that no successful home seller can live without. If a home seller displays patience, he or she may be able to address various home selling challenges with ease.

For example, a patient home seller understands that the housing market frequently fluctuates, and a seller's market today may transform into a buyer's market tomorrow. This seller also may realize that there is no guarantee that his or her house will sell as soon as it becomes available. Yet a patient home seller is prepared to deal with the uncertainty surrounding the real estate market and will remain calm, cool and collected, even in tough times.

Selling a home may prove to be a long, arduous process, particularly for those who are unprepared to deal with potential challenges throughout the home selling journey. Luckily, real estate agents are available who can assist you as the home selling journey moves forward.

A real estate agent can help a home seller list a residence and showcase it to the right groups of buyers. Plus, a real estate agent is happy to help a home seller alleviate stress during the home selling journey and ensure this individual can succeed in any housing market, at any time.

Want to succeed as a home seller? Reach out to a local real estate agent, and you can get the support you need to thrive throughout the home selling journey.







Tags
© 2018 CENTURY 21 Cuddy, CENTURY21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC.
Equal Housing Opportunity. Each office is independently owned and operated.