An open house can be a great tool for showing your house and getting it sold. On the other hand, it takes a lot of work to prepare for one, and requires that you be out of your house for most of the day. It also guarantees you will get a lot of people just out for a look who aren’t serious buyers. So how often should you hold an open house when your home is on the market? It depends on a few factors. The Effort Versus The Benefit Getting your home ready for an open house takes some effort. You will need to make sure everything is clean, clutter cleared away, and possibly even make some changes to the décor. Even if you are keeping your home showing-ready as much as possible, it does take some extra work. There’s also the requirement that you find a place to go for the day. You can’t spend every weekend imposing on friends or family or finding activities to occupy you. It’s important that the benefit of an open house outweigh the effort put into setting it up. How Long On The Market The longer your house is on the market, […]
Read More
Many a home seller has been there—the house has been on the market for months and there is no sign of a sale. At what point should you pull the house off of the market, assuming it is even an option for you? When you start to feel like you are getting nowhere, it’s important to step back and consider the facts of the situation before you make any decisions. Is The Season A Factor? If your house has been on the market through the summer and well into fall, and the holiday season is approaching, you may feel there is no point in keeping it listed through the winter. You may be right. The holiday season is a notoriously difficult time to sell, and you yourself may want to just take a break and enjoy your holidays without interruptions from agents and potential buyers. If you can take a step back and resume your efforts to sell in the late winter or early spring, doing so is usually a wise choice. Are You Asking Too Much? Before you consider pulling the house off the market, take an honest look at your asking price. If it is unrealistic and you […]
Read More
Home staging is the latest trend in real estate, and if you are selling your home you are likely at least aware of what this growing practice involves. Home staging is a marketing strategy that encourages you to make your home as presentable as it can be to buyers by dressing the interior and exterior of your house so that it looks more like a model home. While there are a number of interior designers, experts, and even REALTORS® who can offer you advice on staging your home for sale, for most sellers a few simple tips can save you the expense of hiring a home stager. Clean Is Key The most important tip to remember when preparing your home for resale is to make it clean, clean, clean. The last thing a potential buyer will want to see is a sink full of dishes or a grimy tub. This may seem like a simple task, but the cleaner it looks the more interest it will receive. Clear The Clutter Another important tip when staging your home is to lose the clutter. Keeping rooms simple, modern, and tasteful is key. Also be sure that each room has a clear purpose […]
Read More
Once you’ve made the decision to sell your home, it’s time to think about what comes next. Throughout the process, you may find it beneficial to have a checklist to help guide you in some very important choices that you will be making in the coming months. Interview Several REALTORS® A REALTOR® is a person who you will enlist to help with the selling of your home. Just like no two homes are alike, no two owners are alike and each has different needs when it comes to real estate. The REALTOR® that you ultimately choose will have access to your home at any time and will be responsible for marketing it to potential buyers. As such, you should choose someone that you feel comfortable with and will do the best job for you. The only way to know which REALTOR® this will be is to speak with more than one, ask plenty of questions and get a feel for how they do business. Get An Appraisal When you list your home for sale, an appraisal will be helpful for a number of reasons. As the seller, you may wonder why you would need to have your home appraised, but […]
Read More
Anything that could be potentially harmful to the new occupant or the home itself must be addressed in the seller’s disclosure. Seller disclosure can include previous damage, homeowner’s association fees, or any number of other things. Following is more information about home seller disclosure obligations. Be sure your agent shows you the disclosure document before signing. You are responsible for the accuracy of the document, and can be held liable for any inaccurate information contained within it. Know your local disclosure requirements. While there are federal disclosure requirements, there may be some in your state or local area that may be more inclusive than the federal guidelines. Your real estate agent can keep you informed on where to find this information. Be sure any defects in the property are disclosed to buyers. This includes the results of any home inspections and property surveys that have recently been done. It also includes information about any harmful chemicals that may be present in the home, such as lead paint or asbestos. If someone has recently died in the home you are required to tell buyers of this fact. In most areas you must disclose this if the death has occurred in the […]
Read More
Working from home is more common than ever before, with many people choosing to telecommute. Selling your home while continuing to work at home brings some unique challenges, particularly when it comes to showings. You can’t pause your workday every time a showing is scheduled, but there are ways to work around it. Set Showing Hours Take a look at your work schedule and then determine what part of the day can be set aside as showing hours. Set those hours for every day and let your REALTOR® know that you will vacate the home as needed during those hours and that showings should be scheduled, as much as possible, during that time. Consider making your showing hours right around lunch time. People may want to come look at homes on their own lunch break, and you can get out of the house to enjoy your own meal. Make sure that your co-workers and superiors know about your arrangements. Find Alternative Work Space Not all showings are going to be at a convenient time for your workday, so be prepared with an alternate plan. Many cities now have joint workspaces available where you can rent a desk for a few […]
Read More