Trust Realty One


Posted by Trust Realty One on 9/18/2017

Want to add your house to the real estate market? If you're operating in a seller's market, you may be able to generate plenty of interest in your house as soon as your residence becomes available.

A seller's market commonly features an abundance of homebuyers and a shortage of home sellers. As such, a home seller who lists a high-quality residence in a seller's market could earn a significant profit.

Operating in a seller's market offers many opportunities for home sellers who prepare accordingly. Lucky for you, we're here to ensure you can get the best price for your residence in a seller's market.

Now, let's take a look at three tips to help you optimize the value of your house in a seller's market.

1. Complete a Home Appraisal

A home appraisal will help you understand your house's strengths and weaknesses. That way, you can perform any home improvement projects before you list your residence. You may be able to boost your chances of a quick property sale too.

Typically, a home appraisal requires just a few hours to complete. A home appraiser will visit your residence and inspect it both inside and out. Then, this appraiser will provide you with a report that details your home's condition.

Review the results of a home appraisal report closely. By doing so, you can prioritize various home improvements and work toward transforming your ordinary residence into one that will stand out in a seller's market.

2. Analyze the Housing Market

How does your residence stack up against comparable houses that are currently available? Examine the housing market to find out.

Evaluate the prices of houses that are similar to your own. This may help you establish a realistic price range for your residence.

Also, look at how long recently sold properties were available before they were purchased. This may help you understand how long it might take for you to get the best price for your residence in a seller's market.

3. Collaborate with a Real Estate Agent

When it comes to selling a home, there is no reason to embark on the property selling journey on your own. Thankfully, real estate agents are available in cities and towns nationwide, and these housing market experts are happy to assist you in any way they can.

A real estate agent can provide details about what to expect before you add your residence to a seller's market. He or she will help you plan ahead and ensure your residence features an awe-inspiring exterior and flawless interior that differentiate your property from others.

Moreover, a real estate agent will help you alleviate stress throughout the home selling journey. This housing market professional can respond to your home selling concerns and questions and provide plenty of guidance to help you make informed decisions.

There is no need to leave anything to chance when you list your home in a seller's market. Instead, take advantage of the aforementioned tips, and you should have no trouble stirring up interest in your house.




Categories: Uncategorized  


Posted by Trust Realty One on 9/11/2017

Autumn offers a promising season for home sellers who want to maximize the value of their residences. In fact, listing a home in fall may prove to be ideal, particularly for those who understand what it takes to streamline the home selling process.

Ultimately, there are many great ways to ensure that you can optimize the value of your residence in fall, including:

1. Boost Your House's Curb Appeal

If your home's front lawn, driveway and walkways are covered in leaves, you'll want to clear out these leaves immediately. By doing so, you can boost your home's curb appeal and improve your chances of generating substantial interest in your property.

Remember, you only get one chance to make a first impression. And if you spend some time mowing the lawn, raking leaves and enhancing your house's curb appeal, you can make your home an attractive choice to a vast array of homebuyers.

2. Assess Your Home's HVAC System

When it comes to your home's heating, ventilation and air conditioning (HVAC) system, it is always better to err on the side of caution. Even though your HVAC system may appear to be in working order, you should test the system to guarantee it is working correctly before you add your home to the fall housing market.

Is your home's furnace working properly? If not, you may want to schedule a maintenance appointment to repair or replace this device and ensure that your home can generate plenty of heat as the temperatures drop during fall.

In addition, devoting the necessary time and resources to improve your HVAC system now may help you avoid headaches down the line.

Consider what may happen if a homebuyer makes an offer on your residence but a home inspector discovers a defective furnace. In this scenario, the homebuyer may rescind his or her offer.

Or, if a home inspector finds a defective furnace, you may need to replace the unit to finalize a purchase agreement. On the other hand, a home seller who assesses his or her house's HVAC system today can resolve HVAC system problems altogether.

3. Hire an Expert Real Estate Agent

Selling your home in autumn can be tricky and requires plenty of hard work and patience. Lucky for you, expert real estate agents are available to help you maximize the value of your residence.

Employing an expert real estate agent can make a world of difference for home sellers. This real estate professional will be able to offer recommendations throughout the home selling process and keep you up to date about any homebuyer offers. Plus, your real estate agent understands what it takes to sell a home in fall and will respond to your concerns and queries at any time.

Hire an expert real estate agent to guide you along the home selling process. This real estate professional will ensure that you can list your home for a competitive price, show off your home's amenities and features to homebuyers and optimize the value of your residence in fall.




Categories: Uncategorized  


Posted by Trust Realty One on 7/31/2017

Sellers who are eager to attract serious buyers and maximize the value of their home often utilize home staging as a way to leave a good impression.

Homes that are skillfully staged look better in photos online, creating more leads, showings, and ultimately, offers. Furthermore, prospective buyers want to be able to envision themselves living in a home. Staging makes it easier for them to understand what it would look like and how spacious it will feel once it has been furnished.

Home staging by the numbers

You don’t, however, have to take my word for it. The National Association of Realtors (NAR) releases an annual report which collects and analyzes survey data from nearly 2,000 agents regarding their experience with home staging.

In their findings, they note that 62 percent of agents agree that staging a home lessens the time the property is for sale. Furthermore, 77 percent of agents said home staging makes it easier to visualize living in a home that would otherwise be empty.

Which rooms should be staged?

Staging an entire home takes an enormous amount of time and money. One way to simplify the process is to stage a select few rooms. In the NAR’s study, they asked agents which rooms they typically staged when selling a home. The results:

  • 83% Living Room

  • 76% Kitchen

  • 69% Master Bedroom

  • 66% Dining Room

  • 53% Bathroom

  • 31% Yard Space

  • 25% Children’s Bedroom

  • 21% Guest Bedroom

From these results, we can ascertain that it’s important to stage the main rooms of your home. Lesser used a multi-purpose rooms (like offices and guest rooms) aren’t as important to stage.

Can staging your home increase the sale price?

It’s difficult to say with certainty if, and by how much, home staging affects the sale price of a home. However, if staging your home is successful at getting the attention at a greater number of prospective buyers, there’s a good chance you’ll be able to go with the highest bidder.

When the NAR asked agents if staging increases the amount buyer’s offer on a home, their responses were somewhat mixed.

  • 29% of respondents thought it increases the offer by one to five percent

  • 21% of respondents say it increases the offer by six to ten percent

  • 8% said it increases the offer from between eleven to twenty percent

  • 14% said it had no impact on the dollar value of the home

  • 27% were unsure if it had an impact on the dollar value

In general, it would seem that most agents feel that staging a home not only improves a buyer’s opinion of a home, but also increases its sale value. If you’re planning on selling in the near future, staging at least part of your home could be something to consider to give your property a competitive edge.





Posted by Trust Realty One on 8/14/2016

Want to show the full potential of your home's garage to prospective homebuyers? Embark on a garage renovation journey – you'll be happy you did! With the right garage improvements, you'll be able to maximize the storage space at your disposal and make your house more attractive to homebuyers as well. So what does it take to transform your garage into a wonderful storage space? Here are three garage improvement tips that every home seller needs to know: 1. Declutter Immediately. Remember the old car parts, broken tennis racket and other clutter that fills your garage? Now is a perfect time to get rid of it, especially if you want to improve your chances of selling your home and free up space in your garage simultaneously. Decluttering your garage can be simple, particularly for a home seller who is focused on showing homebuyers just how much space his or her garage has to offer. Remember, one person's junk is another's treasure, and you may be able to sell some of the items in your garage online or as part of a yard sale. On the other hand, you can dispose of broken items in your garage, or you may be able to donate various items in your garage to a charitable organization. 2. Use All of the Garage Storage Space That Is Available. Don't be afraid to think outside the box to use all of the storage space in your garage. For instance, did you know that you can use ceiling hooks to hang a bike or canoe in your garage? That's right, and this creative use of storage space might help you optimize all of the garage space that is available. In addition, many home improvement retailers sell innovative storage solutions that you can use to maximize your garage storage space. And with state-of-the-art garage storage solutions like slatted hooks, you should have no trouble storing a wide range of items in your garage at all times. 3. Keep Your Garage Neat and Clean. Like every room in your home, your house's garage can make a difference in the eyes of homebuyers. Thus, you'll want to make it a neat, clean area, one that may help you generate interest from homebuyers. Ensuring anyone can enter and exit your garage easily is paramount. Furthermore, you may want to show homebuyers that your garage is capable of holding multiple cars and should try to highlight the ample amount of space it offers. Garage improvements usually offer substantial return on investment (ROI), particularly for a home seller who is operating on a budget. These repairs may enable you to enhance the appearance of your home without breaking the bank, and ultimately, speed up your chances of selling your residence. Take another step toward generating significant interest in your residence by embarking on a garage improvement journey. By completing the right garage repairs in a timely manner, you'll be better equipped to maximize the value of your house and spark interest among many homebuyers.





Posted by Trust Realty One on 3/20/2016

You have decided to sell. But before you put the sign in the yard there are some things you will want to make sure you have done. Time spent doing research and setting the right price will most likely yield you a better return in the end. A home is only worth what a buyer is willing to pay for it. Track your neighborhood values Find out what homes similar to yours are selling for in your neighborhood so you will have a good idea what your home is worth. Buyer or seller market You need to judge whether it's a sellers' market or a buyers' market in your neighborhood. Remember that all real estate is local. You will want to research things like interest rates, home inventory, job forecasts, and even time of year. Research inventory How many homes are for sale? If you live in a desirable neighborhood and there aren't many homes for sale, you will have a clear edge here. However, if you see lots of homes on the market and they're not selling very quickly, you might have to reduce the price you had in mind. Know the average days on the market Review the homes in your neighborhood and their days on market sometimes referred to as DOM. Look at trends for the past year and assess whether homes were appreciating or depreciating. Monitor the job market Is a big company relocating workers to your area? Or are they moving out and shutting the doors? The job market has a lot to do with the real estate market. Attend nearby open houses Observe how other properties are showing and compare them to your home. At an open house you can often feel the "mood" of potential buyers. Get a professional opinion A real estate professional will be able to help you gather all of the above information and come up with a CMA or comparable market analysis to determine the best price range for you home.







Tags