John Lorson's Blog
Looking to list your house and maximize its value? Ultimately, a home selling timeline can make a world of difference, regardless of where your house is located.
A home selling timeline enables you to map out the home selling journey. Then, you can decide the best steps to ensure you can achieve your home selling goals as quickly as possible.
Now, let's take a look at three tips to help you craft an effective home selling timeline.
1. Set a Deadline
When do you want to be out of your current house and living elsewhere? Establish a home selling deadline, and you can determine how much time you have to navigate the home selling journey.
If you need to sell your home in a matter of weeks, you'll likely need to move quickly if you want to achieve the best-possible results. Thus, you'll need to make a plan to ensure you can promote your house to the right buyers and speed up the home selling process.
Conversely, if you have several months to sell your house, you may be able to take a gradual approach to listing and promoting your residence. In this scenario, it may be worthwhile to conduct a home inspection, identify any underlying home problems and address these issues. That way, you can perform assorted house improvements to boost the value of your residence.
2. Determine Your Budget
A home selling timeline and budget often go hand-in-hand, and for good reason. If you craft a home selling budget in conjunction with your timeline, you can ensure you have the necessary finances for expenses that may arise during the home selling journey.
For example, consider what may happen if a homebuyer identifies myriad home problems during an inspection. In this situation, a buyer may ask you to complete home improvements in order to move forward in the home selling process. And if you have already set aside funds for home improvements, you can complete these tasks and ensure you can stick to your home selling timeline.
3. Consult with a Real Estate Agent
For home sellers, it generally helps to hire a real estate agent. This housing market professional can help you create a successful home selling timeline and address a wide range of home selling hurdles.
A real estate agent understands the complexities of selling a house and will make it easy for you to make informed decisions throughout the home selling journey. He or she will teach you about the housing market and ensure you can establish a competitive initial asking price for your residence. Next, a real estate agent will promote your house to prospective buyers and help you review offers on your residence. And once you receive a fair homebuying proposal, a real estate agent will ensure you can quickly and effortlessly finalize a home sale.
Set up a timeline for selling your house – you'll be glad you did. If you use the aforementioned tips, you can establish an effective home selling timeline that guarantees you can optimize the profits from your home sale.
Purchasing a home in a buyer's market may seem like a fast, simple process. However, it is important to realize that homebuyers constantly compete for the best residences in cities and towns nationwide. And if you're not careful, you risk missing out on an opportunity to acquire your dream house.
What does it take to secure a home in a buyer's market? Here are three tips to ensure that you can do just that.
1. Study the Housing Market Closely
A buyer's market features a large assortment of top-notch residences and a shortage of property buyers. As such, this market heavily favors homebuyers, and property buyers who examine the real estate market closely may be able to boost their chances of purchasing a terrific house at a budget-friendly price.
For homebuyers, it is essential to establish criteria for your dream residence. With homebuying criteria at your disposal, you can narrow your search for the ideal residence and accelerate the homebuying process.
Don't forget to check out homes in-person, either. If you set up a home showing or attend an open house, you'll be able to envision what it's like to own a home and determine whether a residence is right for you.
2. Get Pre-Approved for a Mortgage
What good is shopping for a house if you cannot afford to pay for it? Fortunately, you can get pre-approved for a mortgage to understand exactly how much you can spend on a new house.
To get pre-approved for a mortgage, you'll want to meet with several banks and credit unions. These lenders will be able to offer insights into a variety of mortgage options, respond to your mortgage concerns and questions and help you select a mortgage that suits you perfectly.
Pre-approval for a mortgage is vital for homebuyers, particularly in a buyer's market. If you have a mortgage in hand when you explore available homes, you may even be able to avoid the temptation to overspend on a residence.
3. Collaborate with a Real Estate Agent
When it comes to navigating a buyer's market, a real estate agent can deliver outstanding support.
A real estate agent can teach you about the intricacies of buying a home and help you streamline the homebuying process. He or she also will be available to respond to your homebuying questions, ensuring you can make informed decisions as the homebuying journey moves forward.
Perhaps best of all, a real estate agent can help you alleviate stress as you search for your dream home. This housing market professional will keep you up to date about new properties as they become available, set up home showings and negotiate with home sellers on your behalf. By doing so, a real estate agent enables you to focus on what's important – purchasing a first-rate house at a price that matches your budget.
Buying a home can be challenging, even in a buyer's market. But with the aforementioned tips, you can simplify the homebuying process and move closer to securing a house that meets or exceeds your expectations.
How many times have you heard yourself say (or think) something very similar to this: "One of these days, I'm going to organize my closet(s)"? If not your closets, then it's your basement, attic, or garage that needs decluttering, organizing, and/or cleaning.
Question: Are you one of those homeowners (or apartment dwellers) who keeps saving things you don't need, and then finally gets around to sifting through it all when mountains of clutter have taken over your valuable storage space? If that sounds all-too-familiar, then don't worry; you're not alone! Unfortunately, the easiest thing about organizing your home is putting it off until another day.
There comes a point, though, at which clutter takes over your life. Symptoms you're moving in that direction include an inability to find things and the inexplicable disappearance of storage space (actually, there's a perfectly rational explanation for it)! So if the "clutter monster" has been rearing its ugly head in your home in recent months, here are some causes and possible solutions to the problem.
- You know you have a lot of junk, but you're not sure what to do with it. Well, first of all, "one man's junk is another man's treasure," so things you no longer have any use for may be very useful to charitable groups, community fund drives, or homeless shelters. In addition to giving stuff away, you could also offer free or inexpensive things to people in your social media network, hold a yard sale, or offer gently used hand-me-downs to relatives and friends. If your unwanted stuff is actually junk (by anyone's standards), then it might be worth it to have a local junk hauling service pick it up at your house and properly dispose of it. An alternative is to rent a dumpster for a few days and fill it up at your convenience. The cost may be surprisingly affordable, and the amount of living and storage space you'll reclaim in your home will make it all worthwhile. You never know until you get a quote or two!
- You just can't seem to motivate yourself to get started! Procrastination is one of the leading causes of household clutter, but there are solutions. One strategy is to announce to your significant other, best friend, or parents that you're going to devote two or three hours on Saturday (or Sunday) to straightening out your closets, basement, or garage. The value of telling someone else of your intentions is that it sort of puts you on the hook and makes you accountable. A similar approach is often used for dieting, exercising, or spending quality time with your kids. Even though two or three hours of work probably won't transform your home into a model of organization, you'll at least have gotten started and made a dent in the project. For most people, the biggest hurdle to getting organized is getting started!
As a home seller, it is important to keep your house show-ready. By doing so, you can ensure your residence will look great, regardless of when a homebuyer wants to see it.
Ultimately, home staging can make a world of difference for any home seller, at any time. And with the right home staging advice, a home seller can learn what it takes to maintain a house's appearance both inside and out.
When it comes to last-minute home staging, here are three tips that every home seller needs to consider.
1. Illuminate your residence
Open up the shades and let sunlight into your residence – you'll be glad you did. By taking a few minutes to ensure that the shades are open, you can illuminate your residence and transform an ordinary home interior into a dazzling one.
In addition, turn on lights throughout your residence. This will enable you to brighten up each room in your home, thereby increasing the likelihood that homebuyers can see the true beauty of your entire house.
2. Wipe down bathroom and kitchen counters and sinks
Let's face it – messy counters and sinks are eyesores that no homebuyer wants to see. Fortunately, wiping down bathroom and kitchen counters and sinks is a fast, easy way to help your house stand out in homebuyers' eyes.
Keep paper towels or washcloths and a general-purpose cleaner near bathroom and kitchen counters. That way, you can wipe down these surfaces without having to search far and wide to find various home cleaning essentials.
Also, don't forget to remove clutter from in and around a bathroom or kitchen sink. Whether it's dishes in the kitchen sink or leftover toothpaste in the bathroom sink, it pays to be thorough as you complete last-minute preparations for a home showing.
3. Check for odors in your home
Pungent smells that come from a refrigerator or other areas may impact how a homebuyer perceives your house. Thus, you'll want to do a quick odor check as part of your last-minute home staging routine.
Empty any garbage cans as needed. This will allow you to eliminate nasty odors that may be coming from garbage cans.
Furthermore, feel free to use scented candles to deal with tough smells. If you decide to use scented candles, however, make sure the odors that they provide are not too overwhelming.
If you need any extra assistance as you get your house ready for a home showing, don't hesitate to reach out to your real estate agent as well.
Typically, your real estate agent can offer expert advice throughout the home selling journey. He or she will make it easy for you to prep for home showings and stage your home properly. As a result, your real estate agent can increase your chances of receiving the best price for your residence.
As the clock ticks closer to a home showing, there's no need to worry. Use the aforementioned tips, and a home seller can get a house show-ready in a matter of minutes.