Stephanie Payab's Blog
Ready to sell your home? You'll want to work with a friendly, experienced real estate agent to streamline the home selling process.
Although many real estate agents are available, only the best will suffice, particularly for home sellers who want to maximize the value of their residences. Fortunately, home sellers who devote the necessary time and resources to search for a real estate agent can improve their chances of finding a trusted real estate professional to sell their houses.
When it comes to searching for a real estate agent, it is important to remain on the lookout for red flags too. In fact, there are many red flags that may help you differentiate a great real estate agent from a mediocre one, including:
1. Lack of Communication
Ideally, you'll want to find a real estate agent who will keep you up to date throughout the home selling process. By doing so, this professional will ensure you are able to make informed decisions.
Ask a real estate agent how he or she communicates with clients. If you employ a real estate agent who will stay in touch via emails, phone calls and text messages, you should have no trouble remaining informed about any offers on your residence.
Also, request client references from a real estate agent. This will allow you to get firsthand insights from past clients and understand how a real estate agent communicated with them during the home selling journey.
2. Poor Negotiation Skills
Your real estate agent should have your best interests in mind at all times. And if a homebuyer submits an offer that fails to meet your expectations, your real estate agent should be equipped to negotiate on your behalf.
A real estate agent who lacks negotiation skills may struggle to get the best offers for your residence. However, if you learn how a real estate agent will handle a tough negotiation in advance, you can employ a real estate professional who is ready for any challenges that come his or her way.
To learn about a real estate agent's negotiation skills, ask this professional to provide an example of a time when he or she faced a tough negotiation. Ultimately, this will help you understand whether a real estate agent has what it takes to handle a difficult negotiation.
3. Insufficient Expertise
It often is better to err on the side of caution when you choose a real estate agent. Thus, if you are forced to decide between two real estate agents, you may want to consider expertise as a determining factor.
A real estate agent who has sold a broad array of homes over the years likely is equipped to deal with buyer's and seller's markets. As a result, this professional knows the ins and outs of the housing market and will do whatever it takes to help you optimize the value of your house.
Take the guesswork out of selling your home – hire a courteous, talented real estate agent, and you can improve your chances of maximizing the value of your house.
Preparing to list a house can be a stressful time for any home seller. Fortunately, we're here to help you alleviate stress as you get ready to add your home to the real estate market.
Now, let's take a look at three tips to help you minimize stress as you prepare to list your residence.
1. Reach Out to Family Members and Friends for Help
Family members and friends generally are ready to lend a helping hand whenever they can. As such, you should reach out to loved ones to help you reduce stress as you get ready to sell your house.
Remember, family members and friends have your best interests in mind. These loved ones will do whatever they can to assist you, even tough jobs like helping you clean your residence or remove clutter. Thus, you can work with family members and friends to ensure you can prepare your residence for the real estate market in no time at all.
2. Don't Hesitate to Contact Professionals
Perhaps one of the best ways for a home seller to minimize stress is to hire professional assistance. Because if you have professionals at your disposal, you can get the help you need to instantly enhance your house.
Whether it's home cleaners, landscapers or other professionals, you can quickly and effortlessly find plenty of top-notch professionals in your area to help you complete various home upgrades. If you hire any of these professionals today, you can accelerate the process of prepping your house for the real estate market.
3. Collaborate with a Real Estate Agent
If you intend to sell your house and want to get the best-possible results, you should hire a real estate agent. With a real estate agent at your side, you can receive expert support to help you manage stress at each stage of the home selling journey.
Typically, a real estate agent will meet with you to learn about you and your home selling goals. He or she then will craft a personalized home selling strategy designed to help you accomplish your desired results as quickly as possible. Plus, a real estate agent can offer plenty of tips to help you upgrade your residence prior to adding it to the housing market.
A real estate agent will go above and beyond the call of duty throughout the home selling cycle too. He or she will set up open houses and home showings, promote your residence to the right groups of buyers and help you review offers to purchase your residence. Furthermore, if you ever have concerns or questions during the home selling journey, a real estate agent is happy to respond to them.
Stress can be problematic, particularly for a home seller who is unsure about how to prep his or her residence for the real estate market. Thanks to the aforementioned tips, you should have no trouble improving your residence and ensuring it stands out to potential buyers.
Your home represents a one-of-a-kind property, and as such, you'll want to do everything you can to promote it to your friends, family members and, of course, your neighbors.
Ultimately, your neighbors can play a significant role in generating interest in your home. And if you incorporate your neighbors into the home selling process, you may be able to boost your chances of a quick sale and maximize your chances of optimizing the value of your house.
So what does it take to work with your neighbors throughout the home selling process? Here are three tips to help you do just that.
1. Transform an Open House into a Block Party.
If you host an open house, invite your neighbors – you'll be glad you did! By doing so, homebuyers can learn about your house as well as experience what it's like to live in your neighborhood.
Your neighbors may be able to provide insights into your neighborhood that homebuyers might struggle to find elsewhere. And if you invite your neighbors to an open house, you should have no trouble generating plenty of interest in your house in no time at all.
2. Share Your Home Listing with Your Neighbors.
As soon as your home listing becomes available, be sure to share it with your neighbors. This will enable you to extend your home listing's reach and boost your chances of connecting with a broad array of interested homebuyers.
Also, encourage your neighbors to provide feedback about your home listing. A neighbor's feedback could make or break your home listing, and any insights that a neighbor can provide may help you put your home listing over the top in the eyes of homebuyers.
3. Collaborate with an Experienced Real Estate Agent.
Employing a friendly, experienced real estate agent is paramount, regardless of whether you're selling your residence in a buyers' or sellers' market. With a top-notch real estate agent at your disposal, you'll be able to bolster your chances of connecting with your neighbors and highlighting your residence to the right homebuyers at the right time consistently.
Your real estate agent takes pride in his or her work, and as a result, will be happy to provide tips to help you incorporate your neighbors into the home selling process. In fact, your real estate agent may be able to introduce you to neighbors and help you foster positive relationships with them that may allow you to accelerate the home selling process.
Perhaps best of all, your real estate agent is ready to respond to any concerns or queries during each stage of the home selling process. That way, if you ever have questions about your home listing or homebuyers' offers for your house, your real estate agent will be able to offer expert guidance to help you make the best possible decisions.
Spend some time getting to know your neighbors and your real estate agent. This may enable you to improve your chances of selling your home in any real estate market, at any time.
Looking to sell a home for the first time? Ultimately, a first-time home seller must be able to identify a strong offer for his or her residence. With extensive real estate insights, a first-time home seller may be better equipped than others to accept a strong offer and accelerate the home selling cycle.
Identifying a strong offer for a home can be quick and easy – even for a first-time home seller.
Now, let's take a look at three tips to help a first-time home seller differentiate between a strong offer and a poor one.
1. Analyze the Housing Market
The housing market can be complex, particularly for a first-time home seller. Fortunately, many free, easy-to-access resources are available to help a home seller learn about the ins and outs of the housing sector so he or she can plan accordingly.
For example, a home seller can check the prices of homes available in his or her area via a simple online search. This home seller can even find out how long a particular house has been available, whether the price of a home has been reduced over time and much more.
With in-depth knowledge of the real estate market, a home seller can study how his or her residence stacks up against the competition. Then, this home seller can establish a competitive price for his or her home, increasing the likelihood that he or she will receive a number of strong offers.
2. Understand Your Home Both Inside and Out
A home appraisal is a must for a first-time or experienced home seller, and perhaps it is easy to understand why.
During a home appraisal, a property inspector will take a close look at a house's interior and exterior. This inspector will provide a report at the appraisal's completion that highlights a house's strengths and weaknesses too.
For a home seller, an appraisal offers a valuable learning opportunity. It enables a home seller to gain deep insights into a home's condition that he or she may struggle to obtain elsewhere. That way, a home seller can complete assorted home repairs before listing a residence and boost his or her chances of receiving multiple offers that exceed a house's initial asking price.
3. Consult with a Real Estate Agent
A first-time home seller should meet with a real estate agent and discuss the differences between a strong offer and a poor one.
Thanks to a real estate agent, a home seller can seamlessly navigate the entire property selling journey as well.
Typically, a real estate agent will help a home seller establish a fair price for a residence from the get-go. This housing market professional also can offer helpful tips throughout the home selling journey to ensure a home seller can get the best possible results.
Don't leave anything to chance as you prepare to list a residence for the first time. Instead, take advantage of the aforementioned tips, and a first-time home seller should have no trouble distinguishing between a strong offer and a subpar proposal.
After you accept a homebuyer's offer on your residence, he or she likely will complete a home inspection. Then, the homebuyer may choose to move forward with the home purchase, rescind or modify his or her offer or ask the home seller to complete home improvements.
Ultimately, a home seller is likely to have many questions following a home inspection, including:
1. What did the homebuyer discover during the home inspection?
As a home seller, it is important to do everything possible to enhance your residence before you add it to the real estate market. By doing so, you can boost your chances of generating substantial interest in your house. Plus, when a homebuyer performs a home inspection, he or she is unlikely to find any problems that may slow down the home selling process.
An informed home seller may conduct a home appraisal prior to listing his or her house on the real estate market. This appraisal enables a home seller to identify potential trouble areas within a residence and explore ways to address such problems.
If you failed to perform a home appraisal, there is no need to worry. For home sellers, it is important to see a home inspection as a learning opportunity. And if a homebuyer identifies problems with your residence during a home inspection, you should try to work with him or her to resolve these issues.
2. Should I stand my ground after a home inspection?
Be realistic after a home inspection, and you'll be able to make the best decision about how to proceed.
For example, a home seller who goes above and beyond the call of duty may address major home problems prior to listing his or her house on the real estate market. This home seller will dedicate the necessary time and resources to correct home problems and ensure a homebuyer is able to purchase a top-notch residence.
But what happens if a homebuyer identifies problems during a home inspection, despite the fact that a home seller already tried to correct various home issues?
A home seller should consider the homebuyer's inspection report findings closely. If minor home repairs are needed, he or she may be able to fix these problems to move forward with a home sale. Or, if a homebuyer is making exorbitant demands, a home seller may feel comfortable allowing the homebuyer to walk away from a home sale.
3. How should I proceed after a home inspection?
A home inspection can be stressful for both a home seller and a homebuyer. After the home inspection is completed, both parties will be better equipped than ever before to make informed decisions.
If a homebuyer encounters many problems with a residence, he or she will let the home seller know about these issues. Then, a home seller can complete assorted home repairs, offer a discounted price on a home or refuse to perform the requested home maintenance.
Working with a real estate agent is ideal for a home seller, particularly when it comes to home inspections. A real estate agent will negotiate with a homebuyer on your behalf and ensure you streamline the home selling process.