Classic Properties REALTORS ®



Posted by Classic Properties REALTORS ® on 12/22/2019

Although a home seller wants to enjoy a quick, seamless home selling experience, problems sometimes can arise along the way. And if a home seller is not careful, these issues may cause him or her to encounter one of the dreaded home selling worst-case scenarios.

Ultimately, there are many home selling worst-case scenarios that a seller should try to avoid at all costs, and these scenarios include:

1. A home is priced too high.

A home seller should establish a competitive price for his or her residence from the get-go. Because failure to do so could force a residence to linger on the housing market for weeks, months or years.

To determine a competitive price, it helps to conduct plenty of real estate market research. Looking at the prices of recently sold houses in your city or town can help you determine whether you're preparing to enter a buyer's or seller's market. Also, examining the prices of comparable houses in your area can help you narrow your price range.

Furthermore, a property appraisal is a viable option for all home sellers, at all times. During an appraisal, a home expert will assess your residence and provide a property valuation. Then, you can use the property valuation to price your home accordingly.

2. A homebuyer requests a price reduction or major repairs after an inspection.

A home inspection generally takes place a few days after a seller accepts a buyer's offer on a residence. If this inspection reveals a wide array of home problems, it could jeopardize a potential sale.

It often helps to complete a home inspection before listing a residence. This inspection allows a seller to identify any home problems and resolve these issues immediately.

In addition, a home seller should understand his or her options after an inspection that reveals myriad home problems.

If a buyer requests a price reduction or home repairs after an inspection, a seller can agree to the buyer's terms or counter a buyer's proposal. Or, if a seller feels a buyer is being unreasonable, he or she can walk away from a home sale and relist his or her residence.

3. A home seller hires a real estate agent who lacks comprehensive industry experience.

If a seller hires a real estate agent who lacks comprehensive industry experience, he or she risks a long, arduous home selling experience.

There is no need to hire an inexperienced real estate agent. In fact, dozens of top-notch real estate agents are available nationwide, and these housing market professionals can help you achieve your home selling goals in no time at all.

The ideal real estate agent will know the ins and outs of the housing market. Plus, he or she will be able to guide you along each stage of the home selling journey and do whatever it takes to promote your residence to the right groups of buyers.

Enjoy a fast, profitable and worry-free home selling experience – consider the aforementioned home selling worst-case scenarios, and you can minimize risk throughout the home selling journey.





Posted by Classic Properties REALTORS ® on 11/3/2019

As the new year approaches, you may wonder what changes are ahead for you and your family. If you have been thinking about selling your home in the coming year, there are a few pretty good reasons to do so. Read on, and you may find some new real estate goals for the new year. 


There’s Not A Lot Of Inventory


If the inventory is low, you’ll find that it’s a great time to put your home on the market. Your home will sell a bit faster and attract more buyers. If the market is particularly busy, you may get an even better price than expected for your home. 


People Want Homes Fast


Certain times of year bring a bit more urgency to the market. Employees may be more apt to have transfers within their company. Families may be looking to move in before the start of the school year. These situations can get your home off the market fast for the right price.


The Seasons Of Real Estate Are Different


While we typically think of spring as starting in late March, spring in the real estate world actually begins in January. Once the holidays are over, it’s believed that people are ready to make moves with their properties. This early season holds especially true in warmer climates. It’s thought that the earlier in the year a home is listed, the more it will stand out on the market. If you’re listing a house in a warmer climate, keep in mind that people who are looking to escape cold climates are looking to buy in the early months of the year.  


Keep in mind that if you do live in a colder climate and plan to sell and your property has some great outdoor space, you may want to wait until a warmer time of year to sell. 


The Lower The Price Of The Home The Faster It Moves


If your home is on the lower end of the price spectrum, you may be able to sell whenever you’d like., These home are attractive to first-time buyers and move fast off the market. They’re great for starter homes, fixer uppers, and house flippers.


The bottom line is that in a hot market there may be no wrong time to sell. If you speak with a REALTOR® and they believe the time is right, and you’re itching to move on to another property you should. Real estate agents have the knowledge and experience that can help you to find the right time to sell as well as the sweet spot for pricing your home.   


    





Posted by Classic Properties REALTORS ® on 8/18/2019

Getting your home ready for sale is a long process that will require some patience and hard work on your part. However, if you’re successful, you’ll be able to market your home to the best buyers and get top offers, making the whole thing worth it.

There are potentially an endless number of things you can do to prepare your home before listing it for sale. So, in this post, I’m going to talk about some of the most important steps you should make before selling your home to get the best results from your listing.

1. Make simple fixes

Before you start thinking about making bigger renovations, take a moment to make any small fixes around the home that you’ve been putting off. That door that gets stuck in the winter time, the blinds that creak when you open them… the little things add up and can give buyers a negative impression of your home. 

2. Get a professional home inspection

Serious buyers will get the home inspected before making a purchase. However, if there are any issues with your home, you’ll want to know for yourself long before selling time. Take the time to get a home inspection by a licensed professional so that you’re aware of any big renovations you’ll have to make in the near future.

3. Depersonalize (pack away those family photos)

Potential buyers want to be able to imagine themselves in your home. Having all of your personal belongings laying around can make that difficult. Neutralize your home by removing things that are unique to you and your family.

While this step can be tedious, you can also look at it as a good way to reduce the amount you’ll need to pack when it comes time to move.

4. Rearrange and declutter to open up the rooms

As homeowners, we accumulate a lot of stuff over the years. All of that stuff can easily make a home feel cluttered. Before you put your home on the market, it’s a good idea think about some ways to make your home ready for photos and visitors

5. Taking the best possible photos

How well-received your real estate listing will be will rely heavily on your photos. To get the best results, choose your photos wisely.

First, start by making sure your house is impeccably clean. Then, if you plan on doing any painting, get that done first.

Next, plan your photos for a nice day and take photos of the inside and outside of your home at different times of day. Since the Sun will cast shadows on different parts of your home throughout the day, it’s best to experiment with various lighting.

Finally, don’t be afraid to take a lot of photos. The more photos you have, the better the chances are of having a few really great ones that will portray your home in the most positive light.




Categories: Selling Your Home  


Posted by Classic Properties REALTORS ® on 5/26/2019

A home selling checklist is a must-have, regardless of whether you intend to list a single-family residence or a mansion. If you craft a home selling checklist today, you can prepare for the property selling journey. And as a result, you could boost the likelihood of enjoying a fast, profitable home selling experience.

Now, let's take a look at three factors to consider as you create a home selling checklist.

1. Your Home Selling Timeline

Think about how quickly you need to sell your house. Once you have a home selling timeline in place, you then can determine the steps you will need to take to achieve the best possible results.

Strive to maximize the time and resources at your disposal throughout the home selling journey. If you understand how much time is available, you can establish priorities and map out your time accordingly. As such, you may be better equipped than ever before to sell your home without delay.

2. Your Home's Condition

Ultimately, your home's condition will play a major role in your home selling experience. If you focus on upgrading your house's interior and exterior, you could make your residence an attractive option for buyers.

To improve your house's exterior, you should mow the lawn and perform other lawn care tasks. Complete these tasks regularly to ensure your house will dazzle buyers any time they walk or drive by it.

In addition, remove clutter from inside your house. This will allow you to showcase the full size of your residence to buyers. It will also make it simple for buyers to envision what life may be like if they purchase your home.

3. Your Initial Home Asking Price

How you price your residence may have far-flung effects on your house selling experience. If the initial asking price of your home is too high based on its condition and the current state of the real estate market, your residence may linger on the housing market for many weeks or months.

To price your house competitively, it may be beneficial to conduct a home appraisal. This allows you to receive a home valuation that you can use to determine the optimal initial asking price for your house.

Furthermore, take a look at the available houses in your city or town that are comparable to your residence. With this housing market data in hand, you can see how your residence stacks up against the competition and price it appropriately.

For those who need assistance as they put together a house selling checklist, think about hiring a real estate agent, too. This housing market professional can teach you everything you need to know about selling a home. Best of all, a real estate agent can offer insights to help you make informed home selling decisions.

Ready to list your house? Create a home selling checklist, and you can move closer to achieving your house selling goals.





Posted by Classic Properties REALTORS ® on 2/10/2019

Selling a house should be an enjoyable experience – not a stressful one. Yet problems may arise that cause a home seller's stress levels to rise. Fortunately, we're here to help you identify and alleviate home selling issues before they get out of hand.

Now, let's take a look at three tips to help you enjoy a worry-free house selling experience.

1. Learn About the Real Estate Market

Take a look at the prices of houses in your city or town. By doing so, you can see how your residence stacks up against comparable houses and determine how you should price your home.

Furthermore, evaluate the prices of recently sold houses in your area. This housing market data enables you to see how long it takes houses to sell and whether property sellers are receiving offers to purchase at or above their residences' initial asking prices. Then, you can find out whether you are preparing to enter a buyer's or seller's market and plan accordingly.

2. Identify Your House's Strengths and Weaknesses

Conduct a home inspection – you'll be glad you did. An inspection takes only a few hours to complete and enables a property expert to review your residence both inside and out. After the inspection is finished, you'll receive a report that highlights any underlying problems with your residence. You then can use this report to prioritize home repairs and transform property weaknesses into strengths.

It may be beneficial to remove clutter from inside your house and enhance your residence's curb appeal too. That way, you can make it easy for homebuyers to fall in love with your house whenever they view it.

3. Collaborate with a Real Estate Agent

A real estate agent is a home selling professional who is happy to help you navigate the property selling journey. In fact, he or she will make it easy to minimize stress from the moment you list your house to the day you complete your home closing.

Usually, a real estate agent will learn about you and your home selling goals and craft a custom property selling strategy. A real estate agent next will set up home showings and open house events to promote your residence to prospective buyers. And if a buyer submits an offer to purchase your home, a real estate agent will help you decide whether to accept, reject or counter this proposal.

Let's not forget about a real estate agent's industry expertise, either. A real estate agent understands the ins and outs of the house selling journey. And if you ever have concerns or questions about selling your home, a real estate agent is ready to respond to them.

The home selling journey may seem daunting at first. But ultimately, there is no need to stress as you prepare to list your house. Take advantage of the aforementioned tips, and you can boost the likelihood of a worry-free home selling experience.