When you’re starting the process of selling your home, be prepared to see your home in a whole new light. A really, really bright light. That’s because buyers will notice all the great things about your home...and also all the not-so-great features that you’ve learned to live with over the years. Small issues, like a creaky stair and outdated fixtures, are easily identified and fixed. However, there are potential issues that can’t easily be so easily resolved. In fact, they might be a “deal-breaker” that can turn off a potential buyer immediately. Don’t panic just yet. A good real estate … Continue reading...
5 Things Every First-Time Seller Should Know
First-Time Seller “Setbacks” (and How To Prepare For Them Now) Think back to when you bought your current home: There were things that happened during the transaction that sent you into a panic, but ended up being a totally normal part of the process of buying a house. In hindsight, you can probably even laugh at how issues that seemed like a setback (like that big inspection report) were resolved relatively quickly. Now that you’re ready to list your home for sale, you’re about to go through something similar. Selling a home for the first time isn’t as easy as sitting back and having your … Continue reading...
5 Steps Smart Sellers Take to Generate Multiple Offers
Home sales (and values) have been on a strong uptick nationwide thanks to low interest rates, freer lending standards and a drop in the foreclosure rate. Sellers everywhere are breathing a giant, collective sigh of relief! But for all of the buyer activity, it seems like most houses sit on one end of two extremes: they either get snatched up the moment they hit the market (with multiple offers and an above-asking sale price) or seem to languish on the market without an offer in sight. All sellers aspire to be on the multiple-offer end of the spectrum. Fortunately, there are steps you can take … Continue reading...
Is Selling Your Home Right Now A Mistake?
Ask any real estate agent how the market is and you’re almost sure to get the same answer: “Great!” Even if the market is great, it still may not be a great time for you to sell. Many real estate agents will tell you that NOW is the right time to sell your home when in reality, they can’t know that without knowing the specifics of your situation. Before going down a long and stressful journey, let’s first decide if selling your home right now is a mistake. What’s true about relationships is also true about selling your home: When it’s time to make a big decision, go with your gut feeling. … Continue reading...
7 Ways to Sabotage The Sale of Your Home
Through the years, we’ve worked with countless sellers. The sale of your home relies on a number of factors, and we understand it’s easy for things to fall through the cracks. Don’t let these traps sabotage the sale of your home. We’re here as a resource for this potentially stressful transaction to be a smooth sail from listing to closing. Mistake #1 - Not Knowing The Local Market Knowing the sold price of homes in your neighborhood gives you a good idea of how much you should list your home for. Overpricing can leave your home on the market for longer than anticipated, putting things … Continue reading...
Home Staging 101
Have you ever watched HGTV and wondered how every home always looks perfectly put together? The answer to this is staging. Home staging goes beyond just cleaning and decorating your home. Staging is adding decor, arranging furniture, and prepping your home to look perfect for listing photos, listing appointments, and open houses. When a home is staged, potential buyers see exactly where furniture should go and how each room is laid out. When a home is not staged, potential buyers are only focusing on the visible issues the home may have. Not only does staging make your home look like an HGTV … Continue reading...
The Emotional Side of Home Selling
The decision to sell your home isn’t an easy one. In fact, research has ranked selling a home as second to relationship breakups for the most stressful experience in a person’s life. The same survey said Americans are more stressed out about selling their home than planning a wedding, getting fired or even becoming a parent. In other words, it’s perfectly normal to have strong emotions. The good news? Though the experience can feel overwhelming and inspire doubts, it doesn’t have to get in the way of a successful home sale, and there's always a bright side. Here are three stories from … Continue reading...
3 Ways Low Mortgage Rates Impact The Value of Your Home
The COVID-19 pandemic has had an effect on everything... From travel to toilet paper stock at your local grocery store. However, there’s another effect you might want to keep an eye on if you’re a homeowner: Falling mortgage rates. In the United States, the Federal Reserve cut rates by half a percentage point on March 3 (to keep up with the market), then again by 1.5 percent on March 15 (in response to COVID-19). In Canada, the Bank of Canada cut rates by 1% on March 13. What does this mean if you’re already a homeowner? The first answer is easy: If you’ve been thinking about refinancing, … Continue reading...
Seller Advice from the Experts
What is Dual Agency? Buy, Sell When a buyer is represented by the same brokerage firm that has the listing, it is called dual agency. When one agent represents both the buyer and the seller in… (Read More) Listing Agent vs. Buyer Agent: Who Works for You? Buy, Sell It may seem perfectly logical to call the agent on the yard sign while driving around your dream neighborhood searching for your next house. The sign might have a QR… (Read More) 6 Creative Open House Ideas To Sell Your Home Fast Sell It’s easy to see the value of an open house—a designated … Continue reading...