Posts Tagged ‘Home Seller Tips’
A Few Ways to Generate Interest in your Home
With historically low interest rates, increased affordability, and a wide selection of homes to choose from, it i a great time to buy a home. As the popular spring-time buying period approaches, it is important that home sellers consider the best way to generate interest in their home.
Here are some tips from MSNBC financial columnist Laura T. Coffey:
- Consider feedback. Take any criticism your Sales Associate passes along from buyers who have viewed your home, and use it to your advantage. Fixing any issues that come up makes your home more attractive to buyers.
- Take a break. It is best if you are not at home during showings. This allows potential buyers to talk freely, making it more likely that you will get the constructive feedback you need to make the sale.
- Mix it up. Host an Open House on a weeknight in addition to a weekend day. This makes it easier for people to attend and could attract an entirely new group of potential buyers.
- Price it right. A home that is priced right will sell in any market. Think about the lowest amount you are willing or able to accept, and be open to adjusting your home’s list price accordingly based on local market data.
For recent home sales in Bedminster, go to Bedminster-Real-Estate.com. If you are thinking about the possibility of listing your home for sale, and would like a FREE Market Analysis, please contact us and we would be happy to set up a time to meet with you.
Tips for a Successful Home Sale
Selling your home quickly and at the price you are asking is every homeowner’s dream. While the real estate market may seem like it is complicated and ever-changing, there are several constants to keep in mind when embarking on the home selling process.
Be certain to consider the following rules of thumb when your home is on the market:
Tidy Up. Be sure that your home is neat and tidy before potential buyers arrive. Give your home a once over and make sure that nothing is getting in the way of buyers being able to see how well loved and cared for your home is. Dirty or cluttered homes typically turn buyers off quickly, and the extra time you put into cleaning up will be well worth it.
Hit the Road. Never remain at home during showings or Open Houses. Your goal is to get buyers to explore your home, perhaps lingering to imagine the possibility of living there themselves. You being there could make them uncomfortable, leading to a shorter visit. For sure, you will be curious, but it’s easy enough to get any feedback from your real estate agent right after the showing.
Price to Sell. Often the key to how quickly a home sells is directly related to its price. It is extremely important to set a realistic, competitive price that will attract buyer attention. Your real estate agent can provide you with pricing recommendations based on local market conditions and sales of comparable properties.
For recent home sales in Bedminster, go to Bedminster-Real-Estate.com. If you are thinking about the possibility of listing your home for sale, and would like a FREE Market Analysis, please contact us and we would be happy to set up a time to meet with you.
Remodeling projects that add value
According to Remodeling magazine’s 2011-2012 “Cost vs. Value Report,” replacement projects perform better in resale value than other types of remodeling projects. In fact, seven out of the top 10 projects were siding-, window- and door- replacement projects.
The good news for cost-conscious homeowners is that
investing in your home in a way that pays off at resale doesn’t have to cost a lot. The high value of most replacements can be
contributed to the relatively low cost of these projects. What’s more, the majority of replacement projects immediately improve curb appeal, making the home more attractive to buyers.
Based on interviews with real estate professionals throughout the country, the Remodeling report found that the top project is fiber-cement siding, which typically recoups 78 percent of costs. Fiber-cement siding has been in the No.1 spot for six of the seven years since it was added to the report.
Moving up two spots in the rankings is the minor kitchen remodel, now coming in at fourth place at 72 percent. Considered an “interior replacement” project, this is the least expensive way to give an existing kitchen a complete facelift. It is typically done by adding new cabinet door and drawer fronts and hardware, new countertops and new appliances.
The right remodeling project, when done well, also has the potential to make for a quicker sale and reduce negotiations with buyers over perceived shortcomings.
If you are thinking of perhaps putting your house on the market, please feel free to give us a call, and we would be happy to meet with you and answer any questions you might have about getting your house or townhouse ready to sell. Also, feel free to go to www.Bedminster-Real-Estate.com for more valuable information about buying and selling in Bedminster.
Taking the Plunge with an In-Ground Pool
Whether you’re thinking of buying a home with an in-ground pool
or toying
with the idea of having one built, there are many
important considerations to take into account. In additon to significant installation costs for those building
a new pool, all homeowners with a pool will need to be mindful of ongoing maintenance expenses as well
as insurance and tax implications.
If a swimming pool is in your future, here are some things to keep in mind:
• Installation costs for a 600-square-foot concrete pool average around
$30,000. Less expensive options include fiberglass shells and pools with
liners; however, pool liners need to be replaced approximately every 10
years, raising ongoing maintenance costs.
• Other equipment you will need to maintain your pool include an energy-
efficient pump, chemical balancing supplies, cleaning, and fees for
opening and closing the pool for the season. A rule of thumb is
homeowners should budget around $600 annually for maintenance in a
seasonal swimming climate and between $15 and $25 per week in a
year-round climate.
• Homeowners with a pool should increase the liability portion of their
homeowners insurance policy from the standard amount. In addition,
many underwriters require you to fence in the pool so that children can’t
wander in unsupervised.
• There is no guarantee that adding a pool will add to your home’s selling
price. Experts advise keeping building costs between 10 percent and 15
percent of what you paid for the house to help assure you don’t invest too
much money that you won’t necessarily recoup on resale.
For more information on Buying and Selling in Bedminster,
Click on the following link: Bedminster Real Estate
