Smart Tips For Having A Quick Spring Home Sale
As a Greater Cincinnati real estate agent I am asked often when is the best time to sell a home and how should I prepare my home to sell quickly. In many real estate markets around the U.S., Cincinnati and Northern Kentucky included, Spring time is the best time to put a home on the market since that is the time the most buyers will be out looking for a home. No one really wants to have their home sit on the market for months and when the housing market is as strong as it is currently, homes should be selling in a short amount of time. This article will share some tips for homeowners looking to sell their home during the spring time and the tips will help to get their home sold fast.
Pricing Is Critical
This is often repeated by many articles that address selling a home but bears repeating. The price set for a home for sale is one of the key factors that determines how fast or how slow a home will sell. Price a home too high and the buyers will ignore the home as if half the foundation has melted away. After all no one wants to spend more on anything than they have to. Homes generally are not unique and if they are very unique then it is even harder to sell them since most home buyers don’t want an extremely unique house. For most buyers one home is interchangeable with another home so long as it meets their basic wants/needs like bedroom count, bathroom count, kitchen...
10 Great Tips For Showing Your Home
Once your home has been prepared and is now on the multiple listing service (the MLS and all sites that get their listings from the MLS) the time comes to get ready for buyers to come and visit. Whether you are planning on having an open house or prefer to just let agents walk through with their buyers having the home ready for when the buyers visit will go a long way to impressing those very buyers. Sellers should not let the homebuyers down by showing what looks to be a great home in the pictures and video online but then the in person viewing is something completely different. This article will provide home sellers with some great tips to make sure homebuyers leave with a great impression which can help make their decision of making an offer easier.
1. Set The Stage
Not only does staging help portray a good image of the home for pictures it also helps the home show well for the in person visit. Hiring a professional stager can help but a lot of staging tips can be picked up from the internet and used for any home. Certainly newer furniture with matching curtains shown with modern colors can make a room pop but not everyone has the budget to buy or rent furniture just for staging purposes.
Instead homeowners should focus on cleaning up rooms by removing clutter, repainting walls if needed, replacing or refreshing flooring and making sure the...
6 Signs That Your Home Is Priced Too High
The price of a home that is up for sale is one of the critical aspects of getting a home sold. Price a home too high and the right buyers will not even give a home a second look. Instead the home will sit on the market without much interest and the longer it sits the more of a negative association will come with that home. Not that there may be anything wrong with the home but the longer it sits on the market then homebuyers automatically assume that something is wrong. As a result it pays to make sure a home is priced right from the start and/or the homeowner is ready to adjust the price if the signs show the price to be too high. This article explores some of the signs that may show that a home is priced too high.
Home Price Based On What You Paid And Upgrades Made
Just because you paid a certain amount for a home in the past does not mean it is currently worth that much. Homes need continual upkeep and upgrading in order to retain their value. As a homeowner lives in a home things wear out over time. Furnaces lose efficiency, garage doors and their openers breakdown, carpets wear down, paint gets old. If no repairs or upgrades were made or no other updates of the home were done in any way since buying it the value may not be the same as the day it was purchased. Certainly if the real estate market was on an uptrend from when the home was originally bought and then today it is put on the market to sell there could be some increase in value but not if the condition has not been maintained...
Tips For Buying A Fix And Flip House For Investment Purposes
Popular these days is buying a house which is in average or poor shape and fixing it up in order to sell it for a profit. Some buyers purchase these homes and repair and remodel the homes themselves whereas others are using local contractors to do the work. After the purchase price and repair costs have been accounted for the investor is hoping the home will be worth more so that once sold they can pocket some profit. Obviously there is a lot more to buying a home with the intent of fixing and flipping it for profit as this article explores.
How Do Investors Find Their Homes To Rehab?
Many investors will work with local real estate agents to get access to the multiple listing service (MLS) and have the agent setup a search so that once any property comes to market that meets their criteria they are notified about it via email or text. Oftentimes properties on the MLS (for instance see properties listed on the Greater Cincinnati MLS here) are being pursued by many different investors and the price can be bid up due to competition so some investors shy away from MLS properties. Another alternative that buyer investors pursue is off market deals which are either found directly from the sellers themselves or through Wholesalers whose entire purpose is to find off market property that someone is looking to sell and may not always be in the best of condition. These Wholesalers will then buy the property themselves for a low price and then resell to an investor buyer looking to fix and flip the property. Some other Wholesalers will instead...