Maria Raymer's Blog
If you are looking to sell your home and move out of a major city, there is no need to worry. In fact, there are many quick, easy ways to ensure that you can enjoy a seamless home selling experience, even if your residence is located in the heart of a major city.
Now, let's take a look at three tips for selling a home in a major city.
1. Know Your Target Homebuyer
Think about what led you to buy your city home in the first place. Then, you can put together a home listing that highlights your home's features, thereby increasing the likelihood that your house will generate plenty of interest from potential buyers.
When you create a home listing, think about a city homebuyer's perspective. By doing so, you can ensure that your home listing hits the mark with the right group of buyers.
For example, if your home is located near popular city attractions, it may be worthwhile to include this information in your home listing. Or, if your home includes a new roof and other upgrades, you should incorporate lots of details about these upgrades into your home listing.
2. Establish an Aggressive Price for Your Residence
What you originally paid for your city home is unlikely to match the value of your residence today. However, with a comprehensive approach to analyzing your home's strengths and weaknesses, you can establish an aggressive home listing price from day one.
It often pays to conduct a home appraisal prior to adding a city home to the real estate market. During a home appraisal, a property expert will evaluate your residence, as well as compare and contrast your house against similar homes. After a home appraisal is finished, you will receive a property valuation that can help you set a competitive initial asking price for your house.
Don't forget to check out the prices of comparable houses in your city, either. With this housing market data at your disposal, you can see how your residence stacks up against the competition and price it accordingly.
3. Collaborate with a Real Estate Agent
If you're unsure about how to put together a home listing, price your residence or perform assorted home selling tasks, you should contact a local real estate agent. By hiring a real estate agent, you can receive expert assistance as you try to sell your city residence.
A real estate agent understands the ins and outs of selling a house in any city, at any time. Therefore, this housing market professional will make it easy for you to maximize the value of your city home.
Oftentimes, a real estate agent will meet with you and learn about your home selling goals. He or she then will add your city residence to the real estate market, promote it to potential buyers and keep you up to date throughout the property selling journey.
When it comes to selling a home in a major city, it helps to take an informed approach. Use the aforementioned home selling tips, and you can boost your chances of enjoying a fast, profitable home selling experience.
As a home seller, it is important to make your house a must-have for buyers. Otherwise, your home may linger on the real estate market for an extended period of time. Worst of all, you may struggle to optimize your house sale earnings.
Ultimately, there are lots of things you can do to make your house an attractive option to dozens of prospective buyers, including:
1. Upgrade Your Home's Curb Appeal
Curb appeal is crucial, particularly for a seller who wants to stir up significant interest in his or her residence. If you allocate time and resources to upgrade your house's curb appeal, you could help your residence stand out from other available homes.
It generally won't take long to improve a house's curb appeal. In some instances, a seller can mow the lawn, trim the hedges and perform minor lawn care tasks to transform a house's exterior. Also, it may be beneficial to repair or replace any damaged home siding.
2. Eliminate Clutter
If your home is loaded with personal belongings, you may want to remove these items. That way, you can show off the full size of your home to buyers during showings and open house events.
To cut down on clutter, you can rent a storage unit and use it to hold various personal belongings until your residence sells. In addition, you can always donate any unwanted items to charity, give them to family members or friends or sell them as part of a yard sale.
3. Enhance Your Home's Interior
A neat, tidy home interior can make a world of difference in buyers' eyes. Thus, if you clean your residence from top to bottom, your house could impress buyers as soon as they walk through the front door.
Of course, if you need help with upgrading your house's interior, you can employ a home cleaning company. By shopping around for home cleaning companies in your city or town, you are sure to find a professional cleaning firm that offers the right combination of affordability and convenience.
As you get set to navigate the home selling journey, don't forget to hire a real estate agent, either. If you have a real estate agent at your side, you can receive plenty of support as you try to generate buyers' interest in your house.
A real estate agent understands what it takes to promote a house to the right groups of prospective buyers. As such, he or she will craft a custom home selling strategy designed to help you showcase your residence to potential buyers. Plus, a real estate agent will host house showings and keep you up to date with buyer feedback. And if you receive an offer to purchase your home, a real estate agent will help you weigh the pros and cons of accepting this proposal.
Ready to sell your house? Take advantage of the aforementioned tips, and you can seamlessly navigate the home selling journey.
Receiving a low offer on a home can be frustrating for a seller. But, you’re likely to see at least one or two offers on your property that are lower than you would like.
Right now, the housing market is filled with young professionals burdened with student loans, rising costs of living, and stagnating wages. So, it’s no wonder that they’re trying to save money anywhere they can.
In today’s post, we’re going to talk about what to do when you get a low offer so you can set yourself up for a sale that you’re happy with.
Don’t refuse outright
The first thing to know about low offers is that they can sometimes turn into something that both you and the buyer are happy with. Many successful home sales started at a number that the seller considered too low, but--through negotiation--was brought to a higher price and better deal overall.
Many sellers are uncomfortable with the idea of negotiation. Most people seldom negotiate prices unless they are buying a car, and even then would prefer to avoid the hassle.
For others, negotiation is a normal part of everyday life. Flatout refusing an offer, especially if you aren’t receiving many other higher offers, could be a missed opportunity.
Compare your asking price with similar homes nearby
Odds are that you and your agent have already done your research and found an asking price that is comparable in your neighborhood. But home prices fluctuate. To reassure yourself that your asking price is fair, take another look at homes up for sale that are around the same age and size of your home.
Take time to craft a counteroffer
Once you’ve had time to talk the offer over with your family and real estate agent (and maybe vented a bit), it’s time to come up with a counteroffer.
There are a few options for making a counteroffer that don’t involve significantly lowering the amount you stand to gain from the home sale. First, you could offer to relieve the buyer of some of the closing costs, such as paying for the inspection. Or, if you planned on leaving new appliances in the home, you could lower your asking price but take the appliances when you move.
Weigh your options
If the buyer still won’t raise their offer close to your asking price, it’s probably a good time to move on and rethink your sale strategy.
Take some time to consider the sale as a whole. If you aren’t receiving many other offers, it might be time to consider lowering to price or rethinking your marketing plan. You might consider repainting and taking new photos, or changing up your listing to highlight some other features of the house.