The Holden Team's Blog
As a home seller, you likely want to set a "fair" initial asking price for your residence. Because if you fail to do so, you risk pricing your home outside of your target buyer's price range. Perhaps even worse, you risk pricing your house too low – something that may cause you to miss out on the opportunity to maximize your home sale earnings.
Ultimately, there are lots of things that you can do to ensure you establish a fair initial asking price for your residence, and these include:
1. Study the Local Housing Market
For home sellers, it is important to perform plenty of research before you list your residence. If you assess the local housing market closely, you can obtain insights that you can use to set a fair initial asking price for your home.
Evaluate the prices of available houses in your city or town that are similar to your own. This will help you determine the price range for comparable houses in your area.
Also, find out how long some of the recently sold houses in your city or town were available before buyers purchased them. This can help you differentiate a buyer's market from a seller's market so you can price your house appropriately.
2. Conduct a Home Appraisal
A home appraisal delivers immense value, as it enables you to receive a property valuation. Once you have a property valuation in hand, you may be better equipped than ever before to determine how to price your house.
In addition to a home appraisal, you may want to conduct a house inspection as well. During a house inspection, a property expert will review your home and identify any underlying issues. You then can use a house inspection report to prioritize home repairs and upgrade your residence before you add it to the local real estate market.
3. Work with a Real Estate Agent
As you search for ways to get the best price for your home, you may want to hire a real estate agent. In fact, if you have a real estate agent at your side, you can receive comprehensive support throughout the house selling journey.
A real estate agent will learn about your home and help you determine exactly how to price it. Next, he or she will promote your residence to buyers. And if a buyer submits an offer to purchase your residence, a real estate agent will help you decide whether to accept, reject or counter this proposal.
Furthermore, a real estate agent is a home selling expert who is happy to share his or her housing market insights with you. If you ever have concerns or questions as you navigate the house selling journey, a real estate agent can address them.
Setting the right price for your home sometimes can be difficult. Thanks to the aforementioned tips, you can establish a fair initial asking price for your residence. As a result, you may be able speed up the home selling journey and optimize your house sale earnings.
There are plenty of things to worry about around your home when you have kids. One of your top priorities should be safety for your kids. If you look closely, you’ll find some hidden safety dangers around your home that should be addressed. The top culprits can be found described in detail below.
Your dishwasher is something that you probably use every single day. There are a few considerations that you need to make about the dishwasher when you have kids. First, the door should have a good locking mechanism. If the door to the dishwasher doesn’t shut properly, all if takes is a little tap for the door to release and fall right on top of your child who is either walking or crawling around the house.
The other point to consider about a dishwasher is the actual contents of the dishwasher. Silverware, especially sharp objects, should be left pointing downward. This is in case the washer is left open and the child gets at it. You don’t want sharp knives pointing upward that could cause an injury to your child. The detergent can also be a hazard to your child. Whether you are using pods, liquid detergent, or the powdered kind, all pose poison control risks and choking hazards to your kids. Keep the dishwasher closed and locked when it is not in use. Also, be sure to wipe down your dishwasher in case of any debris that’s left from your detergent.
Ovens And Ranges
If your range or oven is not installed properly it could cause serious harm to your kids. For safety, be sure that ranges have anti-tip brackets installed. This way if the child leans on the stove or climbs it, the unit will not fall on them, posing the risk of serious injury.
Wall ovens should be secured as well. Make sure that the door of the oven locks and cannot fling open easily. When cooking, use the back burners in stead of the front. You should also keep the pot handles turned inward so they aren’t as easy for kids to reach.
The nursery is where your child will spend a lot of their time. First, you should start with the crib. The crib needs to be firm and nothing should be in the crib other than the mattress and a tightly fitted sheet around the mattress until the baby is old enough. The crib should also be sturdy. It’s preferable to have a new crib for the baby as occasionally, hand me down cribs can be missing parts or have faced major amounts of wear and tear. The nursery should also be free from excessive cords and be equipped with window locks. This way, you’ll be able to put your child to sleep with peace of mind.
"Be it ever so humble, there's no place like home!" That saying (and old song) has been around for generations, but it's as true today as it was a century ago. Almost everyone would agree that your home should be a refuge from the calamity and dangers of the outside world.
A related saying which has been repeated for even longer is "A man's home is his castle." That age-old concept not only emphasizes that fact that we all deserve to be safe and secure in our own homes, but it's also the basis for certain legal principles. Unfortunately, the mere existence of our rights as homeowners does not prevent burglaries, break-ins, and criminal intrusions from happening, so it's necessary to take steps to help protect your home and family from crime.
The good news is that there are literally dozens of things you can do to make your home a safer, more secure place. While it can be costly (but often worth it) to implement an elaborate, high-tech home security system, there are plenty of inexpensive measures you can take to discourage burglars. Here are a few crime-prevention tactics which can greatly reduce the chances of a break-in or intrusion taking place at your home.
Be security minded: If you live in a low-crime area, it's easy to let your guard down and become complacent. When it comes to keeping your property, family, and possessions secure, though, it's much better to "err on the side of caution." One regrettable mistake many people make is to leave their doors unlocked when they go out to "run a few quick errands." Not only can errands take longer than originally planned, but experienced burglars can be in and out of your home in minutes. By being consistent with locking doors and securing your home before you leave, you'll significantly reduce the chances of becoming a crime statistic. Instilling that awareness and those habits in your children is also an important element of any effective home security strategy.
Simple security solutions: Although glass panels alongside a front door can be an attractive design touch, it can provide potential intruders with a glimpse of the inside of your home -- including its layout, a view of valuables left out in the open, and whether your security system is activated. There are several ways you can obscure the view people have of your home's interior, including frosting the glass using a special spray, temporarily attaching a decorative window film, or installing etched glass. Customized window blinds may also do the trick.
Innovative ideas: Burglars generally tend to target homes that appear vacant or unsecured. Half the battle is creating the impression that someone is home, even if you're not. While you've undoubtedly heard about the technique of hooking up timers to your lights to make them go on and off at designated times, here's an interesting variation on the theme: You can purchase a device for $20 or $30 that simulates the flickering light that a TV gives off when it's being watched. While this is not a standalone or foolproof technique, it can be a low-cost part of an overall home security strategy.
When you sell your home, there’s a cost associated with getting a return on your investment. Certain mistakes that many sellers make when deciding to sell their home can actually cost thousands of dollars in expenses. Before you decide to sell, read on to see what you can do to avoid unnecessary consequences.
Hire A Professional To Sell Your Home
Many people think that they can sell their home on their own. It’s the best practice to hire a professional to sell your home. Even in a seller’s market, a realtor can help you to get the best price on the sale of your home.
Remove Your Things Before The Sale Of The Home
Your clutter will undoubtedly affect the value of your home. People can’t see what their life would be like in your home if there’s too many things in the way. While one man’s trash sometimes is another man’s treasure, it certainly isn’t in the case of selling your home.
Don’t Leave An Empty House For The Showing
While too much clutter is bad, it does make a difference for the home to actually be lived in. If possible, don’t leave a completely empty home. Buyers need something to help them visualize what life will be like living in the home. Home searchers want to see how functional the home will be for them.
Don’t Neglect Repairs
You should take care of any repairs that need to be made before your home goes on the market. Any repairs that you don’t make will likely be discovered during the home inspection. Before you even list your home, make sure that you take care of any major issues that are around your home like a leaky roof or cracked tile. This will save you a major headache later, because you won’t need to scramble to fix things after the home inspection. Buyers will also be more impressed with the home if there’s little to fix.
Don’t Overprice Or Underprice Your Home
If you don’t properly price your home, it could lead to a few major issues. You may be left wondering if you could have made more money on your home. On the flip side, your home could sit on the market for a long time, leaving buyers wondering what could be wrong with your property as to why it’s not selling.
Be Sure To Stage The Home
People will purchase a home based on what they see and how they feel. If your on-the-market home doesn’t look polished, there will be less interest in it. You don’t need to go overboard and make your home look like something out of a magazine, just make sure it’s clean. Things like dirty laundry on the floor, trash laying around, and papers on the tables are big turn offs for buyers.
With a little planning, the sale of your home should be a smooth and profitable one.
Believe it or not, home sellers may encounter many expenses after they list their residences. These costs include:
1. Home Cleaning and Maintenance Costs
Before you start showing your residence to prospective buyers, it often is beneficial to clean your house. As such, you may need to purchase assorted cleaning supplies. Or, you can always hire a professional home cleaning company to help you enhance your house's overall appearance.
Don't forget about home maintenance expenses too. Remember, you'll want to do everything possible to improve your house's curb appeal to ensure your residence stands out to potential buyers. And if you budget for the costs associated with fixing damaged home siding or performing lawn care tasks, you may be better equipped than ever before to find cost-effective ways to bolster your home's curb appeal.
2. Home Repair Costs
After you accept a buyer's offer to purchase your home, the buyer likely will request a property inspection. And if an inspection reveals myriad home repairs are necessary, you may be required to spend money to complete these repairs. Otherwise, you could put your home sale in jeopardy.
Oftentimes, it is helpful to conduct a property inspection before you list your residence. This will enable you to assess your home with a professional inspector and identify any problems. Then, you can perform home repairs prior to listing your residence and reduce the risk of possible home selling delays down the line.
3. Moving Costs
Once you sell your home, you will need to relocate your belongings from your current address to a new location. Thus, you should consider the costs associated with moving boxes and packing supplies and budget accordingly.
Furthermore, you may want to hire a professional moving company to help you transport your belongings from Point A to Point B. If you review the prices of local moving companies, you can find an affordable option that matches your budget.
There are many costs that you may encounter as you proceed along the home selling journey. But if you work with a real estate agent, you can receive comprehensive property selling support. And as a result, you may be able to cut down on potential costs throughout the home selling cycle.
A real estate agent is committed to doing everything possible to help a seller achieve the best-possible results. Therefore, a real estate agent will learn about your home selling goals and create a personalized property selling strategy for you.
Plus, a real estate agent is happy to respond to any home selling concerns or questions. This housing market professional will go the extra mile to guarantee you can enjoy a seamless property selling experience. With assistance from a real estate agent, you can handle any potential problems that may arise during the house selling journey.
For home sellers, it usually is a good idea to budget for potential property selling expenses. If you put together a budget, you could boost the likelihood of enjoying a fast, profitable property selling experience.