Mark Galante's Blog
Getting the best price for your home may seem like a major challenge, particularly for a first-time home seller. Lucky for you, we're here to teach you what it takes to maximize the value of your home.
Now, let's take a look at three simple ways to optimize the value of a residence in any housing market, at any time.
1. Analyze the Housing Market
Are you operating in a buyer's market or a seller's market? A first-time home seller who understands the differences between these types of housing markets can boost his or her chances of getting the best possible results during the home selling journey.
Take a look at the prices of recently sold houses in your city or town. That way, you can learn how long homes were available before they sold and learn about the demand for residences in your region.
Furthermore, don't forget to look at the prices of homes that are currently available and similar to your own. With this housing market data in hand, you may be better equipped than other home sellers to establish a competitive price for your house.
2. Conduct a Home Appraisal
A home appraisal is exceedingly valuable to a first-time home seller, as it enables a property seller to learn about a house's strengths and weaknesses.
During a home appraisal, a property inspector will examine a residence's interior and exterior. This inspector will spend several hours evaluating a residence, and after the assessment is complete, provide a comprehensive report that details his or her findings.
Analyzing the results of a home appraisal report is paramount. This will allow a home seller to find out what he or she can do to upgrade a home. Then, a home seller can allocate the necessary time and resources to transform assorted home weaknesses into strengths.
3. Collaborate with a Real Estate Agent
A real estate agent is a home selling expert, and as such, this housing market professional will do what it takes to help a first-time home seller optimize the value of a residence.
Typically, a real estate agent will help a home seller navigate all steps of the property selling journey. He or she will promote a residence to potential homebuyers, set up home showings and open houses and negotiate with homebuyers on a seller's behalf.
Perhaps best of all, a real estate agent is happy to help a home seller make informed decisions. This housing market professional will even teach a home seller about the real estate market and provide honest, unbiased home selling recommendations.
For a first-time home seller, navigating the real estate market may seem virtually impossible. But with a real estate agent at your side, you can streamline the home selling process and move one step closer to optimizing the value of your house.
Take advantage of the aforementioned tips, and a first-time home seller can increase the likelihood of receiving a great price for his or her residence.
Planning to sell your house in the next few weeks or months? If so, you likely will want to declutter to improve your house's appearance and make it easy for potential homebuyers to envision what life might be like if they purchase your residence.
Ultimately, donating items may prove to be exceedingly valuable, particularly for those who want to declutter and move in the near future.
By donating items that you no longer need, you can quickly and easily remove clutter from your residence. Plus, you may be able to secure a tax credit for your charitable contributions.
Before you donate your items, however, you should take a close look at your personal belongings and decide which things to keep and which to give to charity.
Now, let's take a look at three items that you can donate to charity:
If you intend to move from Florida to Alaska – or vice-versa – there may be a wide range of clothing that you can donate before you move.
Ensure that any clothing that you plan to donate is clean. If necessary, wash any dresses, t-shirts and other apparel that you intend to donate.
Also, it is always better to err on the side of caution when you donate clothing. And if you have clothes that are faded or torn, you should dispose of these items.
For those who plan to downsize, donating electronics is ideal. That way, you can get rid of electronics that won't fit into your new home and do a good deed at the same time.
Evaluate your electronics and make sure they work correctly before you donate them. In addition, it often pays to tape any electronics cords, wires and accessories to the items themselves.
Check out a charity's electronics donations policies prior to scheduling a donation pick-up too. By doing so, you can guarantee that a charity can pick up and use your excess electronics.
In many instances, an individual may move into a new address that comes equipped with a new refrigerator, washer, dryer and other appliances. If this happens, you may want to contact local charities to see if they can pick up your current appliances.
Reach out to a local charity to find out whether it can pick up your current appliances – you'll be glad you did. If the answer is "Yes," you may be able to avoid having to move big, heavy appliances on your own.
As the aforementioned list shows, there are lots of great items that you can donate to charity. Conduct an in-depth search of charities in your city or town, and you can work with a local charity that can use your excess items.
Lastly, if you ever have questions about which charities in your area will accept donations, don't hesitate to reach out to these organizations directly. And if you're looking for extra assistance as you declutter your residence and prepare to list your home, it certainly helps to contact an expert real estate agent as well.
As a home seller, you'll want to do whatever you can to prepare your residence for an open house. By doing so, you can transform your ordinary home into an exceptional one, thereby increasing the likelihood of making an unforgettable first impression on large groups of open house guests.
What does it take to get a residence ready for an open house? Here are three tips to help you update your home, and ultimately, host a memorable open house.
1. Declutter Your Home as Much as Possible
If your hallways, bedrooms and other home areas are loaded with clutter, now is the perfect time to get rid of various unnecessary items. That way, you can show off the true size and beauty of your living space.
For those who have antiques, photographs and other items they want to keep, it may be worthwhile to rent a storage unit. Or, friends and family members may be able to hold on to some of your belongings until you sell your house.
On the other hand, if there are items you need to eliminate immediately, you can always host a yard sale or list items online. You may be able to donate items that are in good condition to local charities as well.
2. Perform Home Exterior Maintenance
Let's face it – no one wants to buy a home with a messy front lawn or cracked siding. However, a home seller who allocates the necessary time and resources to identify home exterior issues can resolve such problems without delay.
Spend some time evaluating your house's exterior – you'll be glad you did. With a close look at your home's exterior, you can establish home maintenance priorities.
Then, get to work. Perform all necessary home exterior repairs, and you can boost your home's chances of making a positive first impression on homebuyers who visit during an open house.
3. Collaborate with a Real Estate Agent
When it comes to preparing for an open house, there's a lot to consider. Fortunately, a real estate agent can help you keep things in perspective and ensure your open house is an instant success.
A real estate agent will teach you everything you need to know about an open house. He or she will offer expert tips to help you get your residence ready for an open house, along with provide insights into what you should expect following the event's completion.
Of course, a real estate agent is happy to help you at each stage of the home selling journey too. This housing market professional will do whatever it takes to help you list a home, price it accordingly and promote it to the right groups of homebuyers consistently.
Make your open house a joyous occasion for both you and potential homebuyers. Use the aforementioned tips, and a home seller can revamp a house's interior and exterior and ensure a residence makes a long-lasting impression on homebuyers.
As a home seller, your goal is to optimize your property sale earnings. Yet doing so may prove to be difficult, particularly for those who are operating in a fierce real estate market. Lucky for you, we're here to help you differentiate your residence from the competition and boost the likelihood of a profitable home selling experience.
Now, let's take a look at three tips to help you optimize your home sale earnings.
1. Enhance Your House's Curb Appeal
How homebuyers perceive your residence when they view it for the first time may impact your ability to maximize your home sale earnings. If buyers see a home with a pristine front lawn, dazzling garden and other stunning exterior features, they may set up home showings right away. Then, after buyers see all that your residence has to offer, they may submit homebuying proposals that match or exceed your expectations.
Ultimately, your house's curb appeal can make a world of difference during the home selling journey. If you allocate time and resources to trim the hedges, mow the lawn and perform other home exterior upgrades, you can boost your residence's curb appeal in no time at all.
2. Remove Clutter from Inside Your Home
Although you may have collected many antiques, paintings and knick-knacks over the years, these items may actually do more harm than good when you try to sell your house. In fact, your personal belongings may make it tough for buyers to envision what life may be like if they purchase your home.
Oftentimes, it helps to rent a storage unit before you list your residence. This will enable you to keep assorted personal belongings safe and outside your home until your residence sells.
You also may want to host a yard sale or list items online prior to selling your house. This will allow you to simultaneously remove clutter from your house and earn extra cash.
3. Hire a Real Estate Agent
For home sellers who want to maximize their home sale earnings, it pays to hire a real estate agent. This housing market professional will work with you throughout the home selling journey to ensure you can get the best price for your home.
Typically, a real estate agent will meet with you, learn about your house and craft a home selling strategy. He or she then will host home showings and open house events to promote your residence to potential buyers. And if a buyer submits an offer to purchase your house, a real estate agent can provide a recommendation about whether you should accept, reject or counter this proposal.
A real estate agent can respond to your home selling concerns and questions too. As a result, he or she can help you make informed decisions throughout the home selling journey.
Ready to list your home? Use the aforementioned tips, and you should have no trouble enjoying a quick and profitable home selling experience.
Home staging is one of the most tried-and-true methods of selling your home faster. It can also help you increase the purchase price of your home by between one and five percent.
However, working with a professional home stager--while a good investment--is not always in everyone’s budget.
The good news is, there are a lot of simple and inexpensive ways to stage your home that will give visitors a good first impression, make for great photos for your online listing, and hopefully help speed up your home sale.
In today’s post, we’re going to break down six of the most effective and inexpensive home staging tips to help you sell your home faster.
1. Declutter everything
Cleaning out your home is one of the best ways to make it appear more spacious and welcoming. It gives you the chance to start packing items you won’t need until you move into your new home, and it opens up space to use a few choice decorations around the home.
For things like cabinets and closets, remove all of the items you won’t need until you move. A closet that is half-full will look much larger for guests viewing your home.
2. Clean carpets and polish wooden furniture
Carpets, flooring, and furniture make up a large percent of the visible space in your home. Leaving these items dirty or worn when selling your home is missing out on a huge opportunity to make your home look up-to-date and well-maintained.
You can rent a carpet cleaner for as little as $20, and a gallon of wood polish costs around $15, making these two items a solid investment for staging your home.
3. Paint with bright colors
When we paint our homes we usually choose colors that we like, rather than ones that appeal to the largest number of people. And although that’s a great thing while you own a home, it can be detrimental when it comes time to sell. Repainting dark walls in bright, neutral tones will make the room feel larger and well-lit.
4. Paint the front door while you’re at it
A freshly painted, bright colored front door can be the secret weapon when it comes to making your home stand out amongst your neighbors. It is a cheap way to quickly freshen up the exterior of your home and increase curb appeal.
5. Purchase a new welcome mat and mailbox
Welcome mats tend to get a lot of use and wear down. Similarly, mailboxes often get dented and faded over the years.
These two items can be excellent accents to improve the curb appeal of your home. Choose colors that match the overall color scheme of your home to establish a sense of continuity.
6. Rearrange furniture to allow foot traffic
When someone comes to view your home, you’ll want to sure they have ease of access to each part of the house. Rearrange the furniture in your kitchen, dining room, and bedrooms to make it easy to tour the home.