Nancy Whitehouse-Bain - RE/MAX Property Promotions



Posted by Nancy Whitehouse-Bain on 1/7/2019

Looking to add your home to the real estate market sooner rather than later? Ultimately, you'll want to look beyond the potential price of your residence as you get your house ready for the real estate market.

For home sellers, price is one of several factors to consider before they list their houses. In fact, some of the top home selling factors to evaluate beyond price include:

1. A Home's Location

A home's location may dictate how quickly you're able to sell your residence. And if you understand the benefits associated with your house's location, you should have no trouble promoting your residence to the right groups of homebuyers consistently.

For example, a home that is located near a big city may prove to be an ideal choice for those who work in the city. On the other hand, a house that is located near top schools could prove to be an ideal option for families.

2. A Home's Condition

Although you've tried to maintain your house's interior and exterior over the years, you may still be uncertain about how your residence will stack up against other houses in a competitive real estate market.

Fortunately, a home appraisal can help you take an in-depth look at your house's condition and map out your home selling journey.

During a home appraisal, a property inspector will examine your residence. The appraisal may take several hours to complete, as a property inspector will investigate your house's interior and exterior.

When a home appraisal is finished, a property inspector will provide you with a detailed report that describes his or her findings. Then, you can use the home insights contained within this report to prioritize myriad home improvements.

With a home appraisal, you can gain deep insights into your house's condition. That way, you can better understand your house's strengths and weaknesses prior to adding your home to the housing market.

3. The Current State of the Housing Market

The current state of the housing market may impact your ability to sell your house, and for good reason.

For instance, if you're operating in a seller's market, there may be an abundance of homebuyers and a shortage of top-notch houses. This means there will be high demand for the best residences, and you may attract plenty of interest in your house as soon as it becomes available.

Let's not forget about a buyer's market, either. In a buyer's market, there are many home sellers and few homebuyers. Therefore, a home seller may need to allocate significant time and resources to stir up interest in his or her property.

For those who are unsure about how to navigate a seller's or buyer's market, hiring a real estate agent usually is an excellent idea. A real estate agent can teach you about the current state of the housing market so that you can get the best results possible during the home selling journey.

Look beyond price before you list your residence, and by doing so, you can boost your chances of a fast home sale.




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Posted by Nancy Whitehouse-Bain on 12/31/2018

As a first-time home seller, you may feel the need to make a counter-offer based on a homebuyer's initial proposal. However, if the homebuyer rejects your counter-offer, you may be forced to return to square one in your efforts to sell your house and obtain the best price for it.

A homebuyer's rejection of a counter-proposal is not the end of a home selling journey. And for home sellers who know how to proceed after a counter-proposal is rejected, they may be able to streamline the process of getting the optimal price for any residence, at any time.

Now, let's take a look at three tips that a first-time home seller can use to handle a rejected counter-proposal on his or her house.

1. Consider the Homebuyer's Perspective

Why did a homebuyer reject your counter-proposal? A first-time home seller should consider why a homebuyer decided to move on from a house after a counter-proposal was submitted and learn from the experience.

For example, if a home seller held firm on his or her home price, a homebuyer may have been unwilling to pay this amount. Thus, a home seller may want to consider lowering the price of his or her residence in to help stir up interest from large groups of potential homebuyers.

2. Review All of Your Options

A first-time home seller who submits a counter-proposal and receives a rejection from a homebuyer still has plenty of options, regardless of the current state of the housing market.

For instance, a home seller can keep the price of his or her house intact. Then, this home seller can await potential offers that match or exceed his or her expectations.

On the other hand, a home seller may choose to conduct assorted home improvements to upgrade his or her house's interior and exterior. These upgrades can make a world of difference in the eyes of homebuyers, and as a result, may make a home more attractive than other residences that are currently available.

3. Collaborate with a Real Estate Agent

A real estate agent is a difference-maker for a first-time home seller, and for good reason. This housing market professional can offer expert guidance that a home seller may struggle to obtain elsewhere and ensure that a property seller can make informed decisions at each stage of the home selling journey.

With a real estate agent at your side, you can map out your next steps in the home selling journey accordingly.

Typically, a real estate agent will be able to tell you why a homebuyer rejected a counter-proposal on your residence. As such, you can learn from the experience and gain the insights you need to prevent the same problem from happening once again.

Selling a home can be difficult, particularly for those who have listed a residence for the first time. A real estate agent will help you take the guesswork out of selling your residence and do everything possible to ensure you can get the best possible price for your house.

Ready to overcome a rejected counter-proposal on your home? Use these tips, and you can proceed with confidence along the home selling journey.




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Posted by Nancy Whitehouse-Bain on 11/26/2018

If youíre selling your home it can be frustrating when you arenít receiving any offers. Perhaps youíve heard that itís a sellerís market and that the offers on your house would be flying in. However, itís more complicated than that.

Whether or not your house receives offers is determined by a number of reasons--some that in your control, others that arenít. But, that doesnít mean you have to give up and sell your house at a low price.

In this article, weíll discuss what to do if your house just isnít selling. Weíll talk about some reasons why people may be hesitant to bid, to inquire about a showing, and to seal the deal and purchase your home.

Revisit the comparable properties

If your home has been on the market for a while, itís a good idea to check out the other recent homes in your neighborhood to see how their prices compare to the listing price of your home. Since the market fluctuates, other sellers could be adjusting the cost to reflect the current rates, leaving yours higher than it should be.

When pricing your home, make sure you are comparing your house to those that have actually sold. Using houses that have been on the market for a while as a baseline might mean youíve priced your home too high to sell just like theirs.

Also, make sure you are using houses that share many of the common features that yours does. This can include:

  • Square footage

  • The year the house was built

  • Number of bedrooms and baths

  • The lot size

  • The condition of the home

Remember, it isnít all just about location.

Getting more leads

If people arenít making inquiries about your home, there are a few things you should check up on. First, make sure your listings are updated and accurate. The contact info should be easy to find, and you or your real estate agent should provide multiple means of contact (email, cell phone, text, etc.).

Next, ensure that youíve given enough details about the house. If people are searching for a specific number of rooms but your listing doesnít mention the number of rooms you have, you might be missing out on several inquiries.

Finally, make sure your photos are high resolution and well-lit. You want to make sure visitors to your listing can get a clear idea of what your home looks like. If your photos are small, dark, blurry, or if they make the house look cramped and cluttered, you should retake your photos or consider hiring a photographer.

Getting more offers

If youíve had plenty of inquiries and showings but you arenít getting any offers there may be a deeper, underlying issue that needs to be addressed. Usually, this means your home needs important repairs and upgrades that buyers simply donít want to make.

If your house is priced to be move-in ready but itís not, youíll have to make some upgrades or lower the price.

Not working with an agent

Sellers can also have a difficult time getting offers if they attempt to sell the home themselves without using a real estate agent. If your home is FSBO (For Sale by Owner), youíre missing out on a number of listing services and connections that an agent can provide.





Posted by Nancy Whitehouse-Bain on 11/19/2018

Want to sell your small town home? You're in luck, as many homebuyers are interested in relocating to residences in small towns across the nation.

As a home seller, it is important to do everything possible to differentiate your small town house from the competition. By doing so, you'll be able to streamline the process of adding your small town residence to the real estate market and stirring up plenty of interest from homebuyers.

Get the best results out of the home selling journey Ė here are three tips that you can use to simplify the process of selling your small town residence.

1. Understand Your Home's Strengths and Weaknesses

Complete a home appraisal Ė you'll be glad you did. This assessment will enable you to learn about your home's strengths and weaknesses and act accordingly.

After a home appraisal, you can set priorities for home improvement projects. That way, you can enhance your small town house both inside and out.

Also, be sure to review comparable homes that are available in your town. With this housing market data at your disposal, you can find out how your house stacks up against the competition.

2. Establish a Competitive Price

Ultimately, you'll want to establish a "fair" price for your small town house. To accomplish this feat, you'll want to examine the local real estate market closely.

Check out the prices of houses that recently sold in your small town. This will enable you to determine whether you're operating in a buyer's or seller's market.

In addition, set realistic expectations as you consider how to price your home.

What you paid for your small town home a few years ago is unlikely to match what your house is worth today. However, if you assess your house from a homebuyer's perspective, you may be better equipped than ever before to price your home appropriately.

3. Collaborate with an Expert Real Estate Agent

For a home seller, it can be difficult to navigate the home selling journey on your own. Fortunately, you can hire an expert real estate agent who can help you overcome any potential home selling roadblocks.

An expert real estate agent understands the challenges commonly associated with selling a small town home and will do everything possible to eliminate these hurdles. He or she will promote your residence to the right groups of homebuyers, set up home showings and open houses and negotiate with homebuyers on your behalf. As such, this real estate professional will take the guesswork out of selling a small town residence.

Perhaps best of all, an expert real estate agent is happy to provide honest, unbiased home selling recommendations. And if you ever have concerns or questions about selling your small town house, this real estate professional is available to assist you at any time.

Add your small town residence to the local real estate market today Ė take advantage of these home selling tips, and you should have no trouble maximizing the value of your small town house.




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Posted by Nancy Whitehouse-Bain on 11/12/2018

For home sellers who want to do whatever it takes to enhance a house's interior, depersonalization is key.

By depersonalizing a house's interior, a home seller can make it easy for a homebuyer to envision what life might be like if he or she purchases a residence. That way, a home seller can increase the likelihood of a fast, seamless and profitable home selling experience.

Effectively depersonalizing a home's interior can be simple Ė here are three areas that a home seller needs to consider to depersonalize a house's interior:

1. Photographs

Although photographs of loved ones, celebrations and family vacations may hang throughout your residence, now is the right time to take them down if you're selling your house.

Removing photographs from all walls and shelves is necessary to effectively depersonalize a house. In addition, don't forget to hide any photographs located in a home office.

2. Antiques

Antiques are beautiful treasures that deserve to be displayed. However, if you're selling your house, it may be worthwhile to temporarily store these items outside your residence.

When it comes to antiques, it is always better to err on the side of caution. If you have priceless treasures that need to be removed from your house, you should allocate the necessary time and resources to store them properly. This will enable you to minimize the risk of damage to your antiques while you sell your home.

In some instances, renting a storage unit for your antiques may prove to be a great idea. Or, if you have a family member or friend who has extra storage space available, he or she may be able to hold your antiques until your residence sells.

3. Artwork

Awe-inspiring artwork can help you show off your unique personality. But if you have bold paintings, sculptures or other artwork in your home, you may want to remove these items while your house is listed on the real estate market.

Artwork sometimes can be distracting, and as a result, may make it tough for homebuyers to imagine what life could be like if they purchase your house. Also, if artwork takes up lots of space, it might be difficult for homebuyers to see the full potential of your living space.

If you need help with depersonalizing your house's interior, you should reach out to a real estate agent for support.

A real estate agent understands how to showcase a residence to homebuyers. As such, he or she will offer honest, unbiased recommendations to help you depersonalize your residence's interior and ensure your home will capture homebuyers' attention.

Furthermore, a real estate agent can serve as your guide along the home selling journey. He or she will set up home showings and open houses, negotiate with homebuyers on your behalf and respond to your home selling concerns and questions at any time.

Ready to depersonalize your house's interior? Consider the aforementioned areas, and you can give your home's interior a fresh look and feel before you list your residence.




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