Our Real Estate Blog
43 Nauset Heights Road , Orleans, MA 02653
Navigating the home selling journey can be difficult, regardless of whether you're an experienced or first-time property seller. Fortunately, we're here to help you limit the possibility of encountering home selling problems that otherwise may prevent you from achieving your desired results.
Now, let's take a look at three tips to help you avoid risks during the home selling journey.
1. Learn About the Housing Market
What sets your residence apart from others on the real estate market? Ultimately, if you allocate time and resources to learn about the local real estate sector, you can promote your residence to the right groups of prospective buyers.
Take a look at the prices of homes that are similar to your own and are located in your city or town. With this real estate market information, you can narrow the price range for your residence.
Also, check out the prices of recently sold houses in your area and find out how long these homes were available before they were sold. This real estate market information will enable you to determine whether you're about to enter a buyer's or seller's market.
2. Establish an Aggressive Price for Your House
An aggressive initial home asking price can be a difference-maker during the home selling journey. Because if you have an aggressive asking price in place for your home, you could boost the likelihood of a fast house sale.
Conducting a home appraisal enables you to understand the value of your house based on its age, condition and the current state of the housing market. This appraisal is performed by a property expert, and it may help you establish an aggressive initial home asking price from day one of the home selling journey.
In addition, it may be beneficial to complete a home inspection. If a home inspector analyzes your residence both inside and out, he or she can help you identify potential problems. Then, you can perform various home upgrades to boost the value of your home.
3. Remain Flexible
The home selling journey typically varies from seller to seller. However, if you remain flexible as you proceed along this journey, you may be better equipped than other home sellers to identify and address problems before they escalate.
If you require extra assistance during the home selling journey, you may want to hire a real estate agent as well. This housing market professional can guide you along the home selling journey and take the guesswork out of listing your residence.
A real estate agent will help you add your residence to the housing market, promote your house to potential buyers and set up open house events and home showings. Plus, if you receive an offer to purchase your residence, a real estate agent will help you review this proposal and make an informed home selling decision.
Avoid problems throughout the home selling journey – use the aforementioned tips, and you can quickly detect and resolve any potential home selling issues.
195 Main Street , Orleans, MA 02653
195 Main Street , Orleans, MA 02653
That time is coming if it is not already here. The kids are gone, and it is just the two of you—or, maybe there’s only one of you—and you feel like you’re rattling around the house like a couple of beans in a can. You’re tired of cleaning rooms that you never use. You’ve stopped visiting the basement, and you pretend that it isn’t even there. But you have no idea what things you should consider in purchasing that next “smaller” house. All you’ve ever planned for is that perfect house for the family, so … here are some things to consider.
If you’re still young physically, it’s hard to imagine not being able to do the things you have always done. Unfortunately, time does take its toll.
Steps and doors...
Consider that you might want to find a single-story place with a master bedroom and maybe one guest room. That would seem simple enough, but unfortunately, not all single-level homes are created equal. The number one challenge as people get older is managing stairs. When you put “no step” in the equation, all the sudden you start to see how many steps are in many single-level homes. For example, there may be steps up to the front door, steps from the garage into the house, single steps from the dining room to the living room, a step into the bathroom, etc. Now you begin to wonder if the architect had “steps” on the brain.
When buying your family home, you may not have even thought about doors, but there is the possibility of one day needing to use a walker or being in a wheelchair. Now, those standard doorways are a problem. Medical needs might limit you to exiting only through the front door—the only 36-inch door in the house. Oh yes, and there might be steps to get out that way as well.
The second challenge that happens as people get older, besides health challenges, is having a limited budget. In most cases, it’s fixed to your retirement income. So, it’s not just about the house payments. Even if you pay cash for your home, you still have gas, electric, and water bills. Take time understanding what those bills currently are, and determine if those will fit your budget. Then, decide if there's your room in your budget for them to up because you know that nothing goes down in cost.
Time and effort...
Another consideration is lot size. You may really love to work outside in the garden or to have a garden that looks beautiful—even if someone else does the gardening. That is all well and good, but you should consider that there may come a time that it is too big or too costly to maintain. Do you want to move again because you cannot afford to keep up the yard or pay for all the water needed to keep it green? If you live in areas of the country that have lots of snow or ice in the winter, how much of the front walkways can you keep clean so you can come and go? If it is a large front yard with a long driveway and long sidewalks it may be more than you can handle.
These challenges are only a few of the things to consider when downsizing. Let your real estate professional know your needs now … and in the future.