Peter DiRusso & Bob Ochs' Blog
The home selling journey is an exciting time, and for good reason. Ultimately, the home selling journey represents a period of endless possibilities. And for those who start planning ahead for the home selling journey today, they may be able to enjoy immense profits down the line.
What does it take to reap the benefits of a profitable home selling journey? Here are three tips to help you do just that.
1. Understand the Real Estate Market
The housing market may seem like a moving target at times. However, home sellers who analyze the real estate sector closely can identify patterns and trends and plan accordingly.
Home sellers can look at the prices of recently sold houses in their cities and towns to better understand the current state of the housing market. Then, these home sellers may be able to differentiate between a seller's market and a buyer's market.
Also, home sellers can assess the prices of available homes that appear similar to their own. This housing market data enables a home seller to understand how his or her residence stacks up against the competition.
2. Assess Your Home Both Inside and Out
It never hurts to upgrade your residence, especially if you want to optimize your house's value. Fortunately, a home appraisal makes it simple to assess your house's interior and exterior so you can determine a competitive price for your residence.
A home appraisal requires a property inspector to look at a house's interior and exterior. Following the appraisal, a property inspector will provide a home seller with a report that details the condition of a house.
For home sellers, it is important to review all of a property inspector's findings. This will enable home sellers to identify opportunities to enhance their residences and prioritize various home improvement projects.
3. Collaborate with a Real Estate Agent
When it comes to enjoying a profitable home selling journey, it pays to go above and beyond the call of duty. With a real estate agent at your side, you can take the guesswork out of selling your home and move closer to getting the best price for your residence.
A real estate agent is committed to client satisfaction, and as such, will go the extra mile to promote your residence to the right groups of homebuyers. That way, you can boost your chances of receiving multiple offers on your home as soon as it hits the market.
Plus, a real estate agent will set up home showings and open houses and negotiate with homebuyers on your behalf. He or she will even provide expert home selling recommendations at each stage of the home selling journey. As a result, a real estate agent will help you streamline the process of selling your house and maximizing your residence's value.
Don't miss out on an opportunity to enjoy a profitable home selling journey. Instead, use these tips, and you can improve your chances of selling your home at a price that matches or exceeds your expectations.
Ready to enter the housing market and find your dream residence? Ultimately, there are many signs that indicate now may be the perfect time to buy a house, including:
1. Your family is growing.
If you recently got engaged to the love of your life, tied the knot with that special someone or have kids on the way, now may prove to be an ideal time to buy a house.
A home offers plenty of space, ensuring that you and your entire family can reap the benefits of a superb living space. Plus, many affordable mortgage options are available, making it easy for you to purchase a house without having to worry about breaking your budget.
Before you begin your home search, consult with a real estate agent – you'll be glad you did! Your real estate agent can help you determine exactly what you'd like to find in a home, ensuring that you can purchase a house that meets or exceeds your expectations.
2. You've secured a new job.
Now that you've landed your dream job, you may want to consider pursuing your dream house as well.
With a new, high-paying job in hand, you may be better equipped than ever before to make monthly mortgage payments on a residence. Also, you can work with a credit union or bank to secure a mortgage that matches your budget.
Furthermore, if you've landed a job that is several hours away from your current location, you may need to relocate. And if you hire an experienced real estate agent, you should have no trouble finding a great residence quickly and effortlessly.
An experienced real estate agent understands the ins and outs of the housing market. As such, he or she can help you narrow your home search and discover the perfect home.
3. You're ready to make a change.
Are you getting tired of your current neighborhood or living situation? Or, do you want to relocate from a cold-weather climate to a warm-weather region? If you're ready to make a change in your life, now may be a wonderful time to purchase a house in a new city or town.
Buying a house represents a life-changing decision and should not be taken lightly. However, those who are ready to make a change may want to buy a home in a new city or town so they can settle down and enjoy life in a different part of the country.
For those who are considering a change, meeting with a real estate agent is paramount. Your real estate agent can offer housing market data to ensure that you can secure a terrific house at a budget-friendly price. In addition, your real estate agent can serve as a housing market expert who will be able to answer your homebuying concerns and questions at any time.
Employing a real estate agent can make a world of difference for a homebuyer. Collaborate with a real estate agent today, and you can explore a wide array of homebuying options.
- Be security conscious. Even if you live in what you consider to be a safe neighborhood, all it takes is one incident to rob you of your sense of security -- not to mention any valuables that might be lying around. While there are a handful of small, close-knit communities out there where folks feel comfortable leaving their doors unlocked, it's still better to exercise a little caution. Unless you can depend on your neighbors to keep a close eye on your house when you're not at home, locking doors and windows before you leave is a smart safety practice.
- Get at least three estimates. Whether you're planning on remodeling your kitchen, repaving your driveway, or having the exterior of your house painted, you can often save thousands of dollars by getting and comparing three written quotes. When you talk to contractors and other service providers, you'll also get a sense of how easy or difficult they are to work with. If they're impatient with your questions or slow to respond to emails and phone messages, then you're probably seeing a preview of what they'd be like on the job.
- Get a dehumidifier for your basement. If your basement is dry and you don't have any drainage issues outside your house, then this suggestion may not apply to you. However, if your basement humidity level is approaching 60%, a dehumidifier may be necessary to help prevent mold growth, indoor air quality problems, and other issues. (Monitoring tip: Inexpensive humidity gauges are available at hardware stores and online.) Preventing mold growth before it takes hold can potentially save you thousands of dollars in mold remediation costs. If your basement is wet, musty smelling, or has visible signs of mold or mildew, consulting with a certified mold assessor or a basement waterproofing company can help you identify the extent of the problem, as well as what to do about it.
- Research dog breeds before choosing a family pet. All dog breeds have different characteristics, personality traits, exercise needs, and training requirements. Unfortunately, some families choose a puppy based on how cute it is, rather than how well it will fit into their lifestyle. Dogs generally need a lot of attention, especially when they're being housebroken and acclimated to daily routines. To help ensure a successful relationship with your new dog, it's important that every member of the family understand the responsibility that comes with pet ownership: It's a labor of love and a long-term commitment.
Chimney maintenance and repair is incredibly important. You need to complete certain tasks to ensure that your fireplace is working safely and effectively. There’s no better time than the off season to get these tasks in order.
Remember that you should only burn dry wood in your fireplace. Although fireplaces aren’t high on the technology spectrum, they do require some effort to keep in working order. Failure to do so can result in smoke and even a chimney fire. Soot build up can put a damper on the proper ventilation of the chimney. The soot is partly a result of creosote- a combustible, tar-like substance. It’s a natural by-product of wood that has been burned. With reduced ventilation, the creosote will cause potentially dangerous build up.
While creosote itself is not flammable, it can cause the chimney to clog and structural damage could result. It’s important to properly maintain your chimney in order to prevent dangerous oil build-up that can cause a chimney fire.
A professional can come and inspect your fireplace and chimney. They can check for damage, obstructions, build-up, or soot. The inspector will be able to determine if you need a sweep of your chimney. The inspector will be able to do the sweep on the spot in most cases. An inspection of your chimney should take place every year.
There are different levels of chimney inspections that occur. Basic inspections are a visual look at anything that could be in your chimney from soot to a bird’s nest. More complex inspections could involve taking the chimney apart and physically reconstructing the structure. This would occur after some kind of a natural disaster like a hurricane or a tornado. The cost of these inspections depends on how extensive they become.
You can improve your fireplace’s functioning with a few basic steps. Fist, you should only burn dry wood. Logs should be split and dried for 8-12 months. You should also burn certain types of wood especially hardwoods like hickory, oak, beech, maple and ash. These woods burn the longest. The most important thing about wood to be burned in the fireplace is that it is dry.
Burn Only Wood
It can be tempting to throw things into your fireplace to burn, but you should keep away from burning construction wood, plastics, or other things that could let off odors. Even burning paper can be dangerous because of the embers that result as the fire burns.
If you keep on top of your scheduled chimney maintenance and replace parts as needed, you’ll be able to have lovely fires all winter long with peace of mind.
Adding a residence to the real estate market can be stressful, particularly for a first-time home seller. Fortunately, we're here to help you maintain a positive outlook as you await offers on your house.
Now, let's take a look at three tips to help a first-time home seller remain calm, cool and collected after he or she lists a residence.
1. Set Realistic Expectations
Although a first-time home seller might expect dozens of offers in the days following a house's addition to the real estate market, it may take some time to stir up interest in a residence. However, a home seller who establishes realistic expectations from the get-go will know how to stay the course throughout the property selling journey.
A first-time home seller should understand both the best- and worst-case scenarios. That way, a home seller will know how to respond to any potential pitfalls that may arise.
Furthermore, a first-time home seller should have a plan in place for what will happen after a home offer is accepted. This will ensure a home seller is fully prepared to vacate a house as quickly as possible.
2. Learn About the Housing Market
The housing market is exceedingly complex, especially for those who are selling homes for the first time. Conversely, a first-time home seller who takes a diligent approach can gain the real estate market insights to make confident decisions.
For example, a first-time home seller should analyze the competition closely. By looking at the prices of similar houses that are available, this home seller can establish a competitive price for a house and increase his or her chances of a quick home sale.
A first-time home seller also should check out the prices of recently sold houses in his or her city or town. By doing so, this home seller can find out whether he or she is entering a buyer's or seller's market and plan accordingly.
3. Collaborate with a Real Estate Agent
Selling a home may seem like a simple process on paper, but challenges can quickly arise that prevent a first-time property seller from achieving his or her desired results. But with support from a real estate agent, a first-time home seller can get the assistance that he or she needs to remain confident at each stage of the property selling journey.
A real estate agent understands the challenges associated with selling a house and will help a property seller avoid such problems. In fact, a real estate agent is happy to provide expert guidance to help a first-time home seller operate like a home selling professional.
Perhaps best of all, a real estate agent will respond to a first-time home seller's concerns and queries. This guarantees a home seller can obtain unparalleled insights into how to set a competitive price for a residence, how to bolster a house's interior and exterior and much more.
Want to keep things positive as you proceed along the home selling journey for the first time? Use the aforementioned tips, and you can maintain a positive outlook as you navigate the home selling cycle.