Posted by Mary-Lou McDonough on 9/14/2020

Homeowners put a lot of time, money, and effort into maintaining, updating, and decorating their homes. So, when itís time to sell it can be frustrating to receive a lowball offer on your home.

Many sellers arenít sure how to react to a low offer. However, with so much at stake itís important to go into selling your home with a plan.

In this article, weíre going to talk about how to handle a low offer on your home so that you can capitalize on even the less-than-ideal prospects when selling your house.

Every offer deserves a polite response

So, youíve gotten an offer on your home that you consider to be way too low. The first thing you need to do is to detach your emotions from the situation so that you can formulate a polite, but appropriate response.

It is the custom of many people around the world to negotiate. And one common practice in negotiation is to start with a low offer. Therefore, donít be offended if you receive an offer that is low as it likely isnít meant as an insult to you or your home.

We understand that selling can be frustrating, so if you need to vent, talk it over with your family or agent. Together youíll be able to get past the initial frustration and come up with a quick, practical response to the offer.

Counter the offer anyway

Even if you think thereís a small chance that the prospective buyer will raise their offer to fit your requirements, itís still worth providing a counter offer. This will make it clear to the buyer that you have received their offer and considered it.

Failing to provide a counter offer could mean you miss out on a serious offer in some cases, so itís worth the small amount of time it takes to provide.

Donít waste too much time negotiating

So, youíve sent a counter offer and have received a response that still isnít getting anywhere close to what youíre looking for. Now what?

In this situation, itís best to send a concise and cordial message to the buyer that you wonít be able to adjust your offering price any further and then thank them for their time. After this point, it likely isnít worth your time to continue negotiating.

Low offers can be helpful

If youíre getting a lot of low offers and none in the range you hope for, it could be time to reconsider a few things. You might want to try a new approach, such as staging the home or highlighting certain details that you may have missed. If your listing photos arenít up to par you can upload new ones that are higher quality with better lighting.

Next, see if the comparable listings in your area have gone down in price. A substantial change in the local market since the time you listed your property is, in some cases, enough to influence the offers you receive.




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Posted by Mary-Lou McDonough on 8/17/2020

Selling a home usually requires various investments along the way. In fact, some of the most common house selling costs include:

1. Lawn Care

Maintaining a neat, tidy lawn is crucial, particularly for a seller who wants to stir up significant interest in his or her residence. As such, it generally is a good idea to account for lawn care costs as you put together a house selling budget.

Sometimes, home sellers hire professionals to mow the lawn, trim the hedges and conduct other lawn care tasks. If you decide to enlist lawn care professionals, you should explore all of the options at your disposal. That way, you can find a lawn care provider that offers a terrific mix of affordability and convenience.

You also can perform regular lawn care tasks on your own. This will allow you to eliminate the cost of a lawn care provider and ensure your lawn will impress potential buyers any time they see your residence.

2. Home Repairs

House repairs can be expensive, especially if an individual has failed to maintain his or her residence properly. If you dedicate time and energy to analyze your house, you can identify home problems and prioritize property repairs accordingly.

It may be helpful to conduct a house inspection before you list your residence. During a home inspection, a property expert will review your residence and identify any underlying issues. Then, you can use a home inspection report to determine how you can improve your residence.

Of course, you can limit home repair costs by completing property improvements on your own. On the other hand, if you want to hire a professional, there is no shortage of home improvement specialists available in cities and towns nationwide. And if you reach out to local home improvement specialists, you should be able to find one who can fulfill your requests.

3. Utilities

If you relocate to a new house but still need to sell your prior residence, you will need to account for the latter home's water and electricity costs. Remember, a homebuyer likely will want to test a house's faucets and toilets to ensure running water is available before he or she purchases a house. At the same time, it may be tough to show a residence to buyers if no electricity is available.

As you get set to sell your residence, it may be beneficial to hire a real estate agent, too. A real estate agent is equipped to help a home seller streamline the property selling journey. Thus, if you want to learn about home selling expenses, a real estate agent is happy to teach you about them. Or, if you have questions about the home selling journey, a real estate agent can respond to them without delay.

Want to sell your residence? Consider the aforementioned home selling costs Ė you will be glad you did. Because if you develop a house selling budget, you can boost the likelihood of enjoying a successful property selling experience.




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Posted by Mary-Lou McDonough on 8/10/2020

Selling your home may seem like a relatively simple process. You hire an agent, let them take pictures and show the house to prospective buyers, accept an offer, and then closeÖ right?

In reality, thereís a lot that goes into the selling process; especially if you want to have a smooth home sale.

Matters are further complicated by hr fact that most sellers are also in the process of buying, closing, and moving into their new home.

To make the most of your time in the weeks or months leading up to your sale, Iíve put together a list of tips that you can use to get ahead of the curve, making your sale as problem-free and simple as possible.

Set deadlines

One of the most important lessons homeowners learn when they sell their first home is how quickly moving day creeps up on them. Make a list of all of the things you need to do before you hand over the keys, and set dates and reminders in your calendar for those tasks.

You can do this if youíre in the beginning stages of finding out when you want to sell by, or if youíre in the final stages of packing and moving your belongings to your new home. Regardless of where you are in the home sale process, you can always benefit from preparedness.

Find an agent

To get the ball rolling, reach out to a real estate agent sooner rather than later. Theyíve been through this process several times before and will be able to give you advice that is catered to your specific situation.

Make sure your home is ready for sale

We all love our homes and value the time and effort we put into them. But, to get top dollar for your home and ensure a smooth sale, youíll probably need to do some work.

This can include getting an inspection to ensure that the vital components of your home are working properly. Knowing this now can save you time and headaches if a buyerís inspector finds an issue with your home that you werenít aware of.

Similarly, youíll want to make your home move-in ready by making small repairs, putting a fresh coat of paint, and cleaning up the exterior of the home.

Do your research when setting a price

Setting the price of a home is not a road you want to take shortcuts on. Research prices for comparable homes in your area, consider recent repairs you made, and value the home at what you think is a fair price.

However, donít get too attached to one number and be prepared to adapt based on the offers you receive.

Have a moving day plan

Planning for moving day could be its own separate blog post. Youíll want to start packing things you donít need early on in the process. Then, make arrangements for young children or pets, so that you can focus on the move rather than keeping track of everyone else.




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Posted by Mary-Lou McDonough on 7/20/2020

As a home seller, it is important to do everything possible to generate interest in your residence. That way, it won't take long to start receiving offers to purchase after you list your home.

There are many signs that homebuyers may soon submit offers to purchase your residence, and these signs include:

1. Buyers are setting up home showings.

Even a single home showing is a positive sign for a home seller. And if you find that buyers are submitting regular requests to view your residence, it may be only a matter of time before you receive many offers to purchase your house.

Typically, it helps to be flexible when you sell your house. If you make it simple for buyers to view your house at their convenience, you may increase the likelihood that the right buyer will check out your home and submit an offer to buy it.

2. The same buyers have viewed your house multiple times.

An interested homebuyer may request to view your house more than once. In this instance, you may receive an offer to purchase from this buyer sooner rather than later.

As always, it pays to accommodate as many home showing requests as possible. If you make it easy for a buyer to view your residence multiple times, you can help him or her make an informed decision about whether to submit an offer to purchase your home.

3. Buyers have lots of questions about your house.

A home showing gives property buyers an opportunity to check out your house in-person. It also may lead these buyers to reach out to you for additional information about your home.

Remember, you should be ready to provide homebuyers with as much information as you can about your residence. If you offer homebuyers the information they request, you can help them determine whether your house is the right choice based on their individual needs.

For home sellers who want to go above and beyond the call of duty to stir up interest in a house, it may be beneficial to hire a real estate agent. In fact, a real estate agent will help a seller navigate the property selling journey and achieve the optimal results.

First, a real estate agent will meet with a house seller and set the stage for a successful property selling experience. He or she will offer insights into the local housing market and help a seller establish a competitive price for a residence. Then, a real estate agent will schedule house showings and open house events. And if a seller receives an offer to purchase, a real estate agent can recommend whether this individual should accept, decline or counter the proposal.

Want to streamline the house selling journey? Work with a real estate agent Ė you'll be happy you did. If you employ a real estate agent, you can get the help you need to showcase your residence to potential buyers and maximize your house sale earnings.





Posted by Mary-Lou McDonough on 6/29/2020

Selling a home may be difficult, especially for those who plan to list a residence for the first time. Fortunately, many real estate agents are available to guide you along the home selling journey.

Although there is no shortage of real estate agents at your disposal, it is important to note that not all real estate professionals are created equal. Therefore, it is essential to allocate the necessary time and resources to find a real estate agent who can help you achieve your home selling goals.

What does it take to find the right real estate agent to help you sell your residence? Here are three tips to ensure you can do just that.

1. Review the Current Housing Market

Take a look at homes that are currently available and the real estate agents who are associated with these properties. That way, you can find out which real estate agents are available in your area.

Also, don't forget to assess recently sold homes in your city or town. This will allow you to learn about the real estate agents who sold various houses and how long it took these housing market professionals to finalize the property sales.

You can always search the web for real estate agents in your area too. By doing so, you may be able to view client reviews that can help you determine whether a particular real estate professional is the right choice.

2. Consult with Friends and Family Members

Friends and family members sometimes can provide insights into their past home selling experiences. As a result, they may be able to connect you with a real estate professional who will go above and beyond the call of duty to assist you.

Furthermore, neighbors may prove to be great resources as you search for the perfect real estate agent. If a neighbor recently listed or sold his or her residence, you may be able to work with the same real estate agent.

3. Meet with Several Real Estate Agents

When it comes to finding a real estate agent, it never hurts to have a face-to-face conversation.

Set up meetings with several real estate professionals. This will allow you to learn about a real estate agent's background and expertise and decide whether you feel comfortable working with this individual.

In addition, try to get client references from real estate agents and reach out to past clients to find out what it was like to work with a particular real estate professional. As such, you'll be better equipped than ever before to make an informed decision.

The search for the right real estate agent often requires hard work and patience. With the right approach, you can hire a real estate agent who can help you accelerate the home selling journey and optimize the value of your residence.

Take advantage of the aforementioned tips, and you should have no trouble employing a top-notch real estate agent.




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