The Holden Team's Blog
If you want to maximize your home sale profits, it generally is a good idea to conduct a property appraisal before you list your residence. That way, you can receive a property valuation from an expert home appraiser. And with this property valuation in hand, you can set a competitive initial asking price for your residence.
A home appraisal may prove to be a stressful experience, particularly for a seller who is unsure about the value of his or her house. Lucky for you, we're here to provide insights into the home appraisal process and ensure that you can prepare for this evaluation.
Now, let's take a look at three tips to help you approach a house appraisal with confidence.
1. Understand How a Home Appraisal Works
Although you've allocated significant time and resources to upgrade your house, it is important to remember that the condition of your residence is one of several factors that a home appraiser considers. In fact, an appraiser will evaluate the current state of the housing market, the prices of comparable houses in your area and other factors to provide an accurate property valuation.
Oftentimes, it helps to work with a real estate agent if you plan to sell your home. Because if you have a real estate agent at your side, you can receive immediate responses to any of your home appraisal concerns and questions.
2. Establish Realistic Expectations for Your Home
Let's face it – what you initially paid for your house is unlikely to match your residence's current value. If you set realistic expectations for your residence prior to an appraisal, you may be better equipped than ever before to accept the evaluation results.
It may be beneficial to look at the prices of houses in your area prior to an appraisal. This information can help you understand whether the housing market currently favors buyers or sellers – a factor that may influence the valuation of your house from an appraisal.
3. Explore Ways to Boost Your Home's Value
There are always options to bolster a house's exterior and interior. Therefore, following an appraisal, you should plan to complete home repairs that could help enhance your house's value.
As you search for ways to upgrade your residence, you may want to reach out to a real estate agent too. This housing market professional can offer recommendations and tips to help you improve your residence, even if you're working on a tight budget.
Of course, a real estate agent provides extensive assistance throughout the home selling journey. He or she will promote your residence to prospective buyers and host home showings and open house events. And if you receive an offer to purchase your house, a real estate agent will help you determine the best course of action.
Ready to conduct a home appraisal? Take advantage of the aforementioned tips, and you can boost the likelihood of a successful house appraisal that leads to a fast, profitable home selling experience.
Let's face it – clutter can be problematic, particularly for those who want to list a home in the near future. Lucky for you, we're here to help you cut down on clutter so you can add your residence to the real estate market as soon as possible.
Now, let's take a look at three tips that you can use to remove clutter before your list your residence.
1. Rent a Storage Unit
A storage unit offers a great way to protect your belongings while you sell your home. Then, once a homebuyer agrees to purchase your house, you can move your belongings from your storage unit into a new residence.
The price to rent a storage unit often varies based on the size and location of the unit. Therefore, you should shop around to find a storage unit rental that matches your budget.
Also, consider the items that you'll want to keep in a storage unit. If you find that the value of your belongings is less than the rental price of a storage unit, you may want to consider other options to declutter your residence.
2. Host a Yard Sale
A yard sale provides a wonderful opportunity to declutter your residence and earn extra cash at the same time.
Remember, one person's trash is another's treasure. Although you might no longer have a need for some belongings, these items could be valuable to the right buyer.
The best time to host a yard sale usually is a Saturday or Sunday morning. Before your yard sale, you should set up posters around your city or town to advertise your event. That way, you can stir up plenty of interest in your yard sale.
In addition, you may be able to sell items without leaving your couch. Listing some of your excess belongings online allows you to promote a broad array of items to a large audience.
3. Donate Items to Charity
If you're in a hurry to declutter, many charities may be willing to pick up household appliances, furniture and other items without delay. In some cases, you might be able to donate these items and receive a tax deduction as well.
Search for charities in your city or town and contact them directly to find out if they accept donations. Next, you can set up a date and time for a charity representative to pick up your items, or you may be able to drop off the items at a nearby location.
Decluttering your home may seem like an uphill climb, but a real estate agent may be able to provide additional assistance.
A real estate agent can evaluate your home and offer expert tips to help you declutter. As a result, you can revamp your house's interior and ensure your residence looks amazing before you add it to the housing market.
Take the guesswork out of decluttering your residence. Use the aforementioned tips, and you should have no trouble eliminating clutter from your home.
A home appraisal is paramount for a house seller. If a seller enters the real estate market with an appraisal report in hand, he or she can use the report's property valuation to determine the optimal price for a residence. Then, this individual can set an aggressive price for his or her house from day one of the home selling journey.
Ultimately, not all home appraisers are equal. Some of the key factors to consider as you weigh the pros and cons of hiring a home appraiser include:
1. Industry Experience
Hire a home appraiser who knows the ins and outs of the real estate industry – you will be happy you did. If you have a real estate expert at your side, you can receive a data-driven appraisal of your house.
Oftentimes, it helps to perform lots of research before you hire a house appraiser. If you reach out to an appraiser directly, you can learn about his or her industry expertise. Plus, you can use this opportunity to receive immediate responses to any home appraisal questions.
2. Client Referrals
Although it may be tough to determine exactly how an appraiser will analyze a house, it generally is a good idea to explore how past clients feel about this professional. If you request client referrals, you can get in touch with an appraiser's past clients. You then can receive firsthand insights about what it is like to work with this appraiser.
Typically, a home appraiser can provide client referrals upon request. If you allocate time and resources to request client referrals and connect with an appraiser's past clients, you could increase your chances of hiring a top-notch appraiser to assess your residence.
3. Your Home Selling Timeline
There is no guarantee that a home appraiser will be available on short notice. If you are operating on a tight home selling timeline, you may want to reach out to multiple home appraisers in your city or town. That way, you can find a first-rate home appraiser who can review your residence right away.
As you get set to add your house to the real estate market, you may want to hire a real estate agent, too. This housing market professional can put you in touch with the top home appraisers in your area. Also, he or she is happy to lend a helping hand at each stage of the property selling journey.
Let's not forget about the assistance that a real estate agent will provide after you list your house, either. At this point, a real estate agent will promote your residence to potential buyers. And if you receive an offer to purchase your house, a real estate agent will help you make an informed decision about whether to accept, reject or counter this proposal.
Ready to add your house to the real estate market? Hire a home appraiser, and you can receive a property valuation that you can use to price your residence competitively from day one of the house selling journey.
If you want to enjoy a successful home selling experience, it generally is helpful to establish a competitive initial asking price for your residence. With an aggressive price, you can stir up lots of interest in your home. As a result, you can increase the likelihood of a fast home sale.
Now, let's take a look at three tips to help you set a competitive initial asking price for your house.
1. Conduct a Home Appraisal
A home appraisal enables you to receive a property valuation. Then, you can use this valuation to determine how to price your house.
In addition, it often is beneficial to conduct a home inspection prior to listing a residence. An inspection allows you to receive insights into any home problems. Once you have a home inspection report in hand, you can prioritize house repairs and upgrades, improve your home and get the best price for your residence.
2. Evaluate the Local Housing Market
Take a look at the prices of available houses in your city or town that are similar to your residence. By doing so, you can establish a price range for comparable homes and use this information to decide how much to ask for your house.
Also, you may want to take a look at the prices of recently sold houses in your area and find out how long these residences were available before they sold. This housing market data can help you differentiate between a buyer's and seller's market.
3. Consult with a Real Estate Agent
Pricing a home can be difficult, particularly for those who are listing a residence for the first time. If you work with a real estate agent, however, you can receive in-depth house selling insights and ensure you are better equipped than other sellers to optimize your home sale profits.
A real estate agent is happy to help you set an initial asking price for your home that hits the mark with buyers. He or she first will learn about you and your home and create a custom property selling strategy. Next, a real estate agent will help you prepare your residence for the real estate market. And when you're ready to sell your house, a real estate agent will add your residence to the local housing market and promote your home to buyers.
Of course, a real estate agent provides lots of assistance throughout the home selling journey too. A real estate agent will offer honest, unbiased recommendations at each stage of the home selling journey. Best of all, he or she will respond to any of your home selling concerns and queries.
As you get set to enter the real estate market, you should consider how to price your residence. Thanks to the aforementioned tips, you can set a competitive initial asking price for your home. That way, you can generate significant interest in your house as soon as it becomes available.
A home selling budget can make a world of difference, particularly for individuals who want to avoid potential problems during the property selling journey. Yet crafting a home selling budget may be difficult. Thankfully, there are lots of things you can do to simplify the process of creating a home selling budget that matches your finances.
Now, let's take a look at three tips to help you create an effective home selling budget.
1. Analyze Your Home's Condition
The condition of your home can have far-flung effects on the home selling journey. If your house requires a wide range of repairs and upgrades, you will need to budget accordingly. Otherwise, assorted home problems may go unaddressed and could make it tough for you to maximize your house sale earnings.
Consider the buyer's perspective as you assess your house. That way, you can identify minor and major home issues and include various property repairs and upgrades in your house selling budget.
It may be beneficial to hire a home inspector too. If you have a property inspector assess your house, you can receive expert insights into myriad home improvements.
2. Determine If Professional Home Improvement Assistance Is Needed
If you find you need home improvement assistance, you should plan for the costs of hiring professionals. By doing so, you can avoid the risk of overspending to improve your house.
Reach out to dozens of home improvement professionals in your city or town. If you shop around for home improvement professionals, you can boost the likelihood of getting the best prices.
Don't forget to ask home improvement professionals for client referrals as well. If you get client referrals, you can gain firsthand insights into what it is like to work with a home improvement professional before you make your hiring decision.
3. Collaborate with a Real Estate Agent
A real estate agent can provide extensive support throughout the house selling journey. In fact, he or she may help you budget for all stages of the home selling journey and ensure that you won't have to break your budget to achieve your desired results.
Typically, a real estate agent will offer tips and recommendations to help you enhance your residence before you add it to the housing market. In many instances, a real estate agent can provide suggestions so you can upgrade your residence on your own. Or, if you require additional assistance, a real estate agent can put you in touch with the top home improvement professionals in your area.
A real estate agent also is happy to provide expert guidance as you navigate the home selling journey. This housing market professional can help you make informed decisions as you try to sell your home. As a result, a real estate agent can help you make your home selling goals come true.
Ready to sell your house? Take advantage of the aforementioned tips, and you can prepare a successful home selling budget.