How to Set Up Your Home for a Quick Sale

Who says a home seller should be forced to wait many weeks or months to sell his or her residence? Instead, devote the time and resources to get your home ready for the real estate market today, and you can boost your chances of a quick home sale.

Ultimately, there are many ways to set up your residence for a quick sale, including:

1. Establish a Competitive Price

The first 30 days your home is available on the housing market are critical. But if you establish a competitive home price from the get-go, your house could sell just days after it hits the market.

To determine the right price for your home, you’ll first want to evaluate the prices of residences similar to your own. By doing so, you’ll be able to assess your house relative to the competition and set a fair price for your residence.

Also, consider how homebuyers may evaluate your residence when they first see it. If you examine the homebuyer’s perspective, you’ll be better equipped to understand your house’s strengths and weaknesses and establish the right price for your home.

2. Focus on Improving Your Home’s Curb Appeal

What does a homebuyer think of your residence when he or she views your house for the first time? Your house’s curb appeal may impact your ability to enjoy the benefits of a quick home sale. If you spend some time enhancing your residence’s curb appeal, however, you may be able to speed up the home selling process.

Simple home exterior improvements such as mowing the lawn and painting the front door could make a world of difference for home sellers. These enhancements may help your residence stand out from the competition and enable your house to generate widespread interest in no time at all.

3. Declutter and Depersonalize Your Home

Make it easy for homebuyers to envision what life would be like if they purchased your home by decluttering and depersonalizing your residence.

Taking down family photographs and putting away personal belongings may seem like a time-consuming process, but removing these items from your residence will enable homebuyers to look at your house as more than just another property. In fact, decluttering and depersonalizing your house will empower homebuyers to view your residence as a home that they could enjoy for years to come.

Selling a home can be challenging, but a real estate agent can help you overcome a wide range of home selling hurdles. This professional understands what it takes to accelerate the home selling process and will do everything possible to help you promote your residence to the right homebuyers consistently. Plus, your real estate agent can help you establish a competitive price for your house, find fast, effective ways to boost your residence’s curb appeal and more.

Commit the necessary time and resources to prep your house for the real estate market. That way, you can ensure your residence stands out from others that are available and improve your chances of a quick home sale.

3 Home Selling Secrets

Want to sell your home quickly and effortlessly? Doing so is rarely simple, particularly for home sellers who are competing with others in a fierce real estate market.

Fortunately, your home likely has plenty of great features that will help it stand out to prospective homebuyers. And with a little extra help, you may be able to transform your ordinary residence into a must-buy.

So what does it take to showcase your home to prospective homebuyers effectively? Here are three home selling secrets that you need to know about:

1. Depersonalize your home.

Believe it or not, displaying family photographs and personal belongings may do more harm than good when you’re trying to sell your residence.

Many homebuyers want to imagine what it would be like to live in your home. And with your personal keepsakes out of the way, a homebuyer’s imagination can run wild, as this individual can envision the memories he or she will be able to create.

Before you start showcasing your house, put your personal items in storage – you’ll be glad you did. Doing so will allow you to stage your residence accordingly, and ultimately, boost your chances of a quick sale.

2. Be ready to show at any time.

Homebuyers sometimes can be spontaneous, so you’ll want to be prepared to host home showings at any time.

Remain flexible and be prepared to leave your home if your real estate agent contacts you about an immediate home showing. Remember, there is no guarantee that homebuyers will wait to see your house, so you should do everything you can to accommodate their home showing requests.

Keep your home clean too, as this will make it easier for you to avoid rushing to straighten up if an interested homebuyer wants to check out your residence.

Also, simple clean-up measures like emptying your dishwasher and wiping down your kitchen and dining room counters after meals may go a long way toward keeping your house looking great. And in the event that a homebuyer wants to evaluate your residence on short notice, your home will be prepared to make a positive impression.

3. The first impression is key, so try to make the most of it.

Speaking of positive impressions, don’t forget that the instant a prospective homebuyer enters your residence could make or break your chances of selling your home.

For instance, think about the first time you saw the love of your life, your dream car or, of course, your ideal house. This warm, fuzzy feeling is almost beyond explanation, but it may play an important role in whether you’ll be able to sell your home without delay.

Try to set the tone for a wonderful experience from the moment a homebuyer enters your residence. In addition, think about the homebuyer’s perspective and what he or she may be looking for in your home. By doing so, you’ll be better equipped to deliver an awe-inspiring impression that will help your residence stand out in the eyes of homebuyers.

Use these home selling tips to your advantage, and you’ll be able to improve your chances of impressing homebuyers in any real estate market.

Tips to Make a Video of Your Home

Video marketing is the wave of the future. They say a picture is worth a thousand words. If that is true how much is a video worth? According to Dr. James McQuivery of Forrester Research a one minute video is worth 1.8 million words.  Imagine being able to convey a 1.8 million word message to a consumer in just 60 seconds. Social media sites like You Tube are allowing real estate professionals the opportunity to create messages and have them go viral all over the internet.

One statistic that You Tube likes to tout is that in the very near future 90% of web traffic will be video.  This may or may not be true but what we do know is that buyers and sellers search the internet and are drawn to videos. But what better way to advertise a home for sale than to have the homeowner tell its story.

Here are some video marketing ideas that you can do to help your agent sell your home:

Give the buyer a personal showing

Grab your camera or smartphone and take prospective buyers on a walking tour of your home and go ahead this is your chance to brag.

Go on a neighborhood tour

Drive or walk through your community pointing out areas of interest like schools, businesses and parks.

Get a few video testimonials

Bring your camera to the best advertising there is for the area; the neighbors!  Capture video testimonials from friendly neighbors touting why it is such a great place to live.

 

 

Is Flipping For You?

The recent drop in homes prices, affordable mortgage rates and the popularity of television shows showing investors turning over homes has many people wondering if they can make money flipping homes. Flipping a house simply means buying and then selling a home quickly for profit. There are different ways to do this, but if you are interested in buying and selling houses, or just want to find a good deal to invest your money in. You will want to follow some tips on how to make sure you make money and not end up busting the budget.

1. KNOW THE AREA

It is not just about the house you want to buy but also the area. Focus on buying homes in an area that holds value and where homes sell quickly. The golden rule of a home, location, location, location, applies here as you will want the home to be able to be sold quickly. Get to know the average costs and days on market for homes in that area. The more information you have about the market you have chosen, the better decisions you can usually make when it comes time to buy.

2. DO NOT GET EMOTIONAL

This is a business venture; your goal is to make money. Emotions and money rarely mix well. Do not get emotional about house flipping. When choosing colors, fixtures and carpets go neutral, you will not be living in the home. Be careful of becoming too attached to the flip. Choose a price to sell the home, do not overprice the home. Overpricing typically leads to you holding the flip longer thus reducing your profit.

3. KNOW YOUR LIMITS

If you are new to flipping homes, it is important to know your financial and work limits. The budget will always be more than you anticipate, plan for unexpected problems. Start with homes that mainly have cosmetic problems. Look for houses that need new, modern paint or updated fixtures. Homes where the outside yard and landscaping are unappealing are usually a great buy and can yield more profit. Curb appeal is usually a problem that can be fixed very easily and relatively inexpensively while greatly increasing the value of the home.

4. HAVE AN EXIT STRATEGY

The point of flipping is to get in and out as quick as possible. Every day that you own the homes costs you money. Have a plan and know exactly what you’re going to do with the home before you buy. Make a schedule of when work will get done and drop dead date of the house going back on the market. If you don’t know if you can sell it quickly, don’t buy it.