Classic Properties REALTORS ®



Posted by Classic Properties REALTORS ® on 12/9/2018

Selling a home for the first time can be tricky. In fact, first-time home sellers often make mistakes that prolong the home selling process. Perhaps even worse, these errors may cause a home seller to miss out on opportunities to optimize the value of his or her residence.

Now, let's take a look at three common mistakes that first-time home sellers make, as well as ways to avoid these problems.

1. Setting an Unrealistic Initial Asking Price

Although you might have paid a hefty sum for your house a few years ago, what your home was worth then is unlikely to match its current value. However, if you set an unrealistic initial asking price for your residence, you risk alienating dozens of potential buyers.

Before you set a price for your house, it pays to perform plenty of housing market research. That way, you can see how your home stacks up against the competition and price it based on the current real estate sector's conditions.

Furthermore, you may want to conduct a home appraisal prior to listing your house. Following a home appraisal, you'll receive a property valuation to help you establish a competitive price for your residence.

2. Failing to Provide Full Details About Your House

No home is perfect, and a home seller who withholds information about his or her residence risks wasting precious time and resources. To better understand why this may be the case, let's consider an example.

If a home seller fails to include information about a faulty heating and cooling system in a home listing, a buyer will be unaware of the problem. A buyer then may submit an offer on this house that a seller accepts. But during a home inspection, a property inspector likely will discover the defective heating and cooling system, which leads the buyer to rescind his or her offer. And at this point, the seller will have to restart the home selling process from square one.

When it comes to selling a home, it helps to be honest. If you provide full details about your residence, you can help a buyer make an informed decision and reduce the risk of that a purchase agreement will fall apart after a home inspection.

3. Choosing an Ineffective Real Estate Agent

A real estate agent should have a seller's best interests in mind. As such, this housing market professional will collaborate with a seller throughout the home selling journey to ensure a seller can optimize his or her earnings.

Unfortunately, not all real estate agents possess the same skills. But if you evaluate a variety of real estate agents, you can increase the likelihood of finding one who matches or exceeds your expectations.

Employ a real estate agent with a proven reputation. And if you're uncertain about whether a real estate agent can help you achieve your home selling goals, it usually helps to request client referrals from this housing market professional.

Streamline the process of selling your home – avoid the aforementioned first-time home seller mistakes, and you can boost your chances of enjoying a quick, profitable home selling experience.





Posted by Classic Properties REALTORS ® on 10/21/2018

If you want to streamline the home selling journey, it usually is a good idea to develop goals. That way, you can identify any potential home selling challenges and address them before you list your residence.

Ultimately, there are many problems that may arise during the home selling journey, and these include:

1. Poor Curb Appeal

How your home looks to buyers is key. If your residence fails to impress buyers when they see it for the first time, these individuals are unlikely to schedule a house showing. As a result, your home may linger on the real estate market for an extended period of time.

Devote time and energy to improve your house's curb appeal – you will be happy you did. By mowing the lawn, removing dirt and debris from exterior walkways and performing other home exterior upgrades, you can make your home an attractive option to buyers. You may even differentiate your residence from the competition – something that may lead to a successful home selling experience.

2. Cluttered Interior

If your home is full of personal belongings, you may want to remove some of these items. By doing so, you can show buyers the full potential of your residence.

For those who want to cut down on clutter, there are many options. Oftentimes, it helps to rent a storage unit that allows you to keep your belongings safe until your residence sells. On the other hand, if you want to get rid of excess items, you can host a yard sale, list your items online or give these items to family members, friends or local charities.

3. Exorbitant Home Price

An exorbitant initial home asking price may be an instant turn-off for buyers. Fortunately, if you analyze the local housing market and your residence, you can establish a competitive initial asking price for your home.

Evaluate the prices of available homes in your area that are similar to your own. Also, you may want to conduct a house appraisal and review an appraisal report. With this information at your disposal, you can price your house competitively.

As you get set to enter the housing market, you may want to employ a real estate agent, too. This housing market professional will help you establish realistic home selling goals, as well as determine the best steps to help you achieve your aspirations.

A real estate agent is committed to a home seller's success, and he or she will do what it takes to help you thrive. If you want to sell your residence as quickly as possible, for instance, a real estate agent can help you do just that. Or, if you want to optimize your house sale earnings, a real estate agent will ensure you can get the best price for your home.

Ready to add your home to the real estate market? Develop home selling goals, and you may be better equipped than ever before to enjoy a fast, profitable house selling experience.





Posted by Classic Properties REALTORS ® on 9/9/2018

After years in your current residence, you're ready for a change. As such, you've decided to add your home to the real estate market in the hopes of moving on to bigger and better things. Selling a home can be a daunting task, particularly for first-time sellers. Fortunately, we're here to help you maximize the value of your home and accelerate the home selling process. Here are three tips that will ensure you can become an informed first-time home seller: 1. Stay the Course. Although you may expect immediate interest in your residence, it may take some time for interest in your home to pick up. However, a patient, dedicated home seller knows how to stay the course and remain calm, cool and collected throughout the home selling process. For instance, a home seller may add his or her residence to the real estate market and continue to share the online home listing with friends, family members and colleagues. By doing so, this home seller may be able to stir up interest in his or her residence over an extended period of time. It also is important to remember that Rome wasn't built in a day, and much in the same vein, the first offer you receive on your residence might not be the best one. As a result, you should only accept an offer that makes you feel comfortable, i.e. an offer that meets your expectations. 2. Don't Sweat the Small Stuff. After you accept an offer from a homebuyer, the buyer likely will want to set up a home inspection. And if he or she encounters unforeseen problems with your home, problems could arise that may slow down the home selling process. If a homebuyer notices substantial issues with your home, he or she may rescind an offer or ask that these problems be resolved. Furthermore, home repairs can be costly, which means you may be forced to invest in expensive home improvements or risk missing out on an opportunity to sell your home. As a home seller, you may encounter obstacles as you attempt to sell your home. But when difficulties arise, try to focus on what's important – selling your home, maximizing its value and ensuring both you and the homebuyer are satisfied with the end results. A home seller who lets minor issues cause his or her blood pressure to rise may put a home sale in danger. Therefore, if you feel stressed, take a deep breath and try to work with a homebuyer to find a resolution that fits both sides. 3. Employ a Real Estate Agent. The home selling journey often is filled with twists and curves along the way. But with a real estate agent at your side, you'll be able to overcome any pitfalls immediately. Your real estate agent can promote and showcase your residence to prospective homebuyers. This professional also will provide expert tips, enabling you to streamline the process of selling your house. Remove the guesswork from the home selling journey – become an informed first-time home seller, and you can speed up the process of generating interest in your house.





Posted by Classic Properties REALTORS ® on 6/3/2018

Home sellers often face an uphill climb to maximize the value of their residences, and perhaps it is easy to understand why.

In many instances, dozens or hundreds of home sellers may compete against one another to generate interest in their properties. Plus, home sellers who fail to allocate the necessary time and resources to enhance their residences may struggle to differentiate their houses from others.

Fortunately, there are many quick, easy ways for home sellers to gain a competitive edge in any real estate market, at any time. Some of the best ways for home sellers to gain a competitive advantage over rivals include:

1. Focus on Improving Your Home's Curb Appeal

You only get one chance to make a positive first impression on homebuyers, so why not make the most of it? Ultimately, home sellers who spend some time revamping a house's curb appeal may be able to generate substantial interest from homebuyers.

Simple home exterior maintenance tasks such as mowing the front lawn, trimming the bushes and clearing walkways can make a world of difference in homebuyers' eyes. Thus, home sellers who complete various home exterior enhancements could accelerate the home selling process.

2. Be Ready to Act Quickly on Offers

As a home seller, try to be as flexible as possible, particularly when it comes time to accept, reject or counter a homebuyer's offer.

A home seller who conducts plenty of housing market research will understand the true value of his or her residence. As such, this home seller will be able to act quickly and determine whether a homebuyer's proposal meets his or her needs.

In addition, be ready to negotiate with homebuyers. And remember, if a homebuyer submits an initial offer that is close to your expectations, you can always counter his or her proposal.

3. Collaborate with a Real Estate Professional

When it comes to selling a home, there is no better option than hiring an experienced real estate agent.

Your real estate agent will help you set up home showings and open houses, keep you up to date about offers on your residence and help you handle home selling negotiations. This real estate professional also can provide feedback about your home, ensuring that you can make the necessary home improvements to help your residence stand out from others.

Furthermore, your real estate agent is ready to respond to your home selling concerns and queries at any time. If you ever have questions about how to price your home competitively or how to proceed with an offer on your house, your real estate agent will be able to offer expert guidance.

With an experienced real estate agent at your side, you can navigate the home selling process with ease. This real estate professional will go the extra mile to ensure that your residence will impress homebuyers. As a result, your real estate agent can help you gain a competitive edge over home selling rivals.





Posted by Classic Properties REALTORS ® on 5/13/2018

For home sellers, it is important to take a close look at every room in your house, including your living room.

Although your living room has served as a great place to relax and hang out with family members and friends, you'll want to invest time and resources to ensure this space offers a warm, inviting vibe. By doing so, you may be able to enhance your living room's appearance and boost your chances of a quick home sale.

What does it take to revamp a living room? Here are three tips to help home sellers transform an ordinary living room into a comfortable space:

1. Establish a Color Scheme.

Your living room colors ultimately could make or break a homebuyer's impression of your home.

For example, if your living room includes calm, relaxing hues, it may help homebuyers feel at ease the moment they enter. Or, if your living room features bold, vibrant colors, it may add energy to the setting's décor.

Determine a color scheme that offers the ideal mix of style and sophistication. This color scheme should make your living room pop; at the same time, try not to use colors that are overly dramatic or take away from the setting's ambiance.

When in doubt, use warm or cool hues to bolster your living room's appearance. These hues likely will complement any home's décor and will improve your chances of making an unforgettable first impression on homebuyers.

2. Select Stylish Flooring.

Flooring may make a world of difference in how homebuyers view your living room, and for good reason. With the right flooring in place, you'll be able to make your living room a comfortable and enjoyable space, one that will generate plenty of interest from homebuyers.

A solid wood floor may prove to be a great choice in your living room and could give the space a natural look and feel. Comparatively, carpets are soft and durable and come in a wide range of patterns to help you take your living room décor to new heights.

3. Rearrange Your Furniture.

What good is a living room if visitors cannot easily converse with one another? Show homebuyers the true potential of your living room by arranging furniture in a way that promotes conversation.

Pull your living room couch, loveseat and other furniture away from the walls and have them face one another. This will help give your living room an intimate appearance, one that may enable your living space to leave homebuyers with a distinct impression of your residence.

Discovering the best ways to enhance your living room could prove to be time-consuming. Fortunately, hiring a real estate agent may help you streamline the process of transforming your living room's appearance from drab to fab.

A real estate agent will conduct an in-depth home assessment so you can better understand your residence's strengths and weaknesses. Plus, this professional will offer tips to help you improve your living room's appearance in no time at all.

Dedicate the time and resources to bolster your living room's appearance, and you may be able to reap the benefits of a quick home sale.