Karen Adelson's Blog
Adding a quality home to the real estate market offers no guarantees. And if you fail to set a competitive initial asking price for your residence, your home may linger on the housing market for many weeks or months. Fortunately, we're here to teach you about the real estate sector and ensure you can use your home's initial asking price to differentiate your residence from the competition.
Now, let's take a look at three tips to help you establish the right price for your house prior to listing your residence.
1. Analyze the Housing Market
The housing market is tough to navigate, particularly for a seller who wants to separate his or her residence from the crowd. Thankfully, an informed home seller can review housing market data and use this information to establish a price range for his or her house.
A home seller who assesses the real estate sector can differentiate a buyer's market from a seller's one. This seller will collect and analyze housing market data related to the prices of recently sold residences and how long these houses were listed before they sold. Then, this seller can determine whether he or she is preparing to enter a buyer's or seller's market.
2. Conduct a Home Inspection and Appraisal
Although a home inspection usually is requested by a buyer after a seller accepts an offer to purchase, it may be beneficial for a seller to conduct an inspection before listing a home. An inspection enables a seller to identify problem areas in a residence. As a result, a seller can use an inspection report to prioritize home improvement projects, complete home repairs and boost the value of his or her house.
A home appraisal also may prove to be exceedingly valuable to a seller. In fact, an appraisal provides a seller with a property valuation that he or she can use to establish a competitive initial home asking price.
3. Hire a Real Estate Agent
There is no telling how homebuyers will respond to a new house that becomes available. Lucky for you, a real estate agent can help you plan ahead to list your house and ensure you can establish a competitive price for your home from day one of the property selling journey.
A real estate agent is an expert resource that you can leverage when you sell your house. He or she can help you review housing market data from a variety of sources. Furthermore, a real estate agent can put you in touch with the top home inspectors and appraisers. Perhaps best of all, a real estate agent takes the guesswork out of pricing a house and will help you set an initial home asking price that matches buyers' expectations.
When it comes to selling your house and maximizing its value, there is no need to work alone. If you hire a real estate agent today, you can get the help you need to showcase your residence to prospective buyers and boost the likelihood of a profitable home sale.
Moving into your first home can mean steeper electric bill than you are used to. All those small differences can feel like they have added up quickly. Or perhaps it’s not your first home but you want to start this one off on the right, economical foot.
Here’s your guide to using electricity wisely and start saving on your bill each month.
Cut back on hot water use.
Heating water is expensive. Cut back on how much you spend by taking shorter showers or cooler ones if you like a particularly hot shower. Purchase laundry detergent designed to clean well in cooler temperature water and start running your loads on the cold or warm cycle instead of hot.
Unplug unused electronics.
You might think that when a device is turned off it is no longer using power but if it is still plugged into the wall it is still taking it in. Instead of just switching off corded devices unplug them after use too. Alternatively, plug systems into a power strip to make it easier to manage and not have to unplug five different devices each time you power down. You can also invest in new technology that allows you to create smart outlets. You’ll be able to turn off devices from the other room or even while out of the house. You will also be able to hone in on which electronics are using the most energy and create a plan of action to course correct the problem.
Manage your home’s temperature.
If you have electric heat lowering the temperature by even just a couple of degrees can make a big difference in the long run. Make it even easier to manage and monitor by installing a smart thermostat like Nest. You’ll be able to set up schedules and reminders as well as see actual data to your energy usage.
It’s also wise to invest in smart blinds which can be scheduled to open and close at certain times of the day. Namely, you want them to be closed to keep the afternoon sun out in summers and let in during the winters.
Ditch big energy hogs.
Unplug your second fridge and/or freezer. At the very least do a cost analysis to determine the extra space truly saves you in the long run in comparison to the expense on your electric bill. Hang dry your laundry to really save on energy usage. Install a line outside for fresh, sun-warmed laundry and pick up a rack for those cold and rainy months.
There are a lot of different ways to save on energy each month. Some add up to just a few dollars of savings over the year while others make an impact you can see month to month.
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 – 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.
When you own a home, you want to reduce your costs as much as possible. As a homeowner and environmentally conscious person, you may also want to reduce your carbon footprint and reduce the amount of waste that you and your family produce. Read on for some tips on how to reduce the amount of trash you produce on a weekly basis and see what a difference you can make in your little corner of the world.
Find Reusable Products In Lieu Of Disposable Ones
There are so many convenience products that we find on store shelves. For every type of product that you can just throw away, you can find something reusable. Products that you can substitute include:
Washcloths instead of disposable makeup wipes
Reusable water cups instead of disposable bottles
Washable plastic cups substituted for disposable ones
No paper plates
Use washable plates instead of paper plates
Dust with rags, not paper towels
Use reusable grocery bags
Drink coffee out of a refillable mug
Buy reusable containers to pack a lunch in
Any products that provide less buildup of waste are better for the environment. Many times, we rely on convenience for ourselves and our families, but convenience can be costly to both the environment and our budgets.
Use Natural Cleaning Products
Many cleaning products contain harsh chemicals that are dangerous for our bodies and our environment. There are many things right inside of your kitchen cabinets that can be useful and effective in cleaning your home. Items that you can clean with include:
Wth just a few products, cleaning naturally is easy. You won’t have to worry about harming children, pets, or yourself by using these all natural items that can be found right in your kitchen. You also will have more space in your cabinets because you’ll need fewer bottles to stock your cleaning supply. Vinegar can be used to clean most things in your home, and it does the job pretty well compared to its harsh chemical counterparts.
Your new lifestyle that consists of less waste will take some time. You can gradually switch different products and containers as you move through your days. This will be a much more practical approach than just starting from scratch all at once. Not only is changing your lifestyle a time investment but a money investment since you’ll need to buy new products to replace old ones initially. Over time you should see a big difference in your wallet and your trash can with your waste-free lifestyle.
A showing enables a buyer to walk through a residence and envision what life may be like if he or she purchases it. And if a buyer crafts a home showing strategy, he or she can make the most of this opportunity.
Now, let's take a look at three tips to help you plan ahead for a house showing.
1. Review the Home Listing
A home listing may include details about a house, as well as images that depict different areas of a residence. It also may feature information about various attractions and landmarks near a house.
By reviewing a listing prior to a showing, you can double-check to ensure a home falls in line with your homebuying goals. Plus, you can use a listing to understand what you may see during a showing and establish realistic expectations for a residence.
2. Make a List of Questions
There is no reason to enter a showing without a list of questions about a residence. Because if you attend a showing without questions in hand, you risk missing out on valuable insights about a house that otherwise could help you determine if a home is right for you.
As you create a list of home showing questions, consider what you want to know about a house that you were unable to learn from the residence's listing. For instance, you may want to ask why a seller has decided to list his or her house. Or, you can craft questions about utility expenses and other home costs so you can get the information you need to analyze a house.
3. Prepare Your Home Showing Essentials
A home showing is a learning experience unlike any other, so it often helps to put together a bag of must-have items for the event.
For example, you may want to bring a pen and paper so you can take notes during a house showing. Meanwhile, some buyers carry a camera with them so they can capture photos of a house and review them after a showing.
As you prepare to attend a home showing, you may want to consult with a real estate agent as well. This housing market professional can take the guesswork out of planning for a showing and help you gain the insights you need to assess all aspects of a residence.
Typically, a real estate agent will meet with a buyer prior to a showing and offer insights into a house. A real estate agent and buyer then will attend a showing together and walk through a house. After a showing is complete, a real estate agent and buyer next will discuss the house and weigh its advantages and disadvantages. At this point, if a buyer wants to submit an offer to purchase a particular home, a real estate agent will help him or her craft a competitive homebuying proposal.
Want to maximize the value of a house showing? Use the aforementioned tips, and you can plan ahead for any home showing, at any time.