5 Facts That You Should Know About Real Estate

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Moving into a new house is considered one of the most stressful things a person can go through, but selling a house is no party either. So, if you’re thinking of selling yours, then here are five facts that you should know about the real estate business.

 

1. A Seller’s Market Doesn’t Mean You Can Get What You Want

 

In many parts of the country, it’s a great time to sell your property, but you should try and keep your feet on the ground. Just because it’s a seller’s market doesn’t mean people will buy no matter what. The fact of the matter is that any house is only worth what someone else is prepared to pay for it, not what you think it is worth. Let your realtor be your guide when it comes to the value of your house, and get several estimates.

 

2. No One Expects Your Home to Be a Show Home

 

Most people are not that interested in seeing houses that look like show houses. When people are looking for a home, that’s exactly what they want to see, a home – somewhere they can imagine themselves living. Of course, it’s vital to ensure your home is clean and presentable as no-one wants to imagine themselves living in a pigsty, but it really doesn’t have to be stripped of all your belongings and styled as though it’s going to appear in a glossy magazine, to appeal to a buyer. Some things will definitely put buyers off though. If you have pets, you need to make sure that there are no smells of damp animals wafting around the house. Talking of smells, remember the classic sales techniques of baking some cookies. That’s the kind of home-smell that sells houses.

 

3. First Impressions Really Do Count But Not Where You Might Think

 

First impressions count, whether it’s meeting new people, starting a new job, or buying a new home. However, too many people concentrate on the inside of the house, forgetting that it’s actually the outside that people see first. If you have a garden or a front yard, make sure that it looks nice and tidy. And if you have a fence, a lick of paint can work wonders for your home’s curb appeal.

 

4. Look At Your Home’s Decor as An Outsider Would

 

Have a real look at the inside of your house. Try and look at it with the eyes of a potential buyer. If each room blends into the next, then you’re looking good. However, if each room is garishly painted, or you have allowed the kids to be ‘creative’, then a fresh coat of neutrally-toned paint may well be the way to go.

 

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5. Choose Your Next Home Wisely

 

Finally, if you’re selling your home, you are no doubt looking to buy as well. If you’re thinking of your next home as an investment, you should be looking at the best areas of town. As this will be where the most expensive houses are, try to think where the up-and-coming areas will be in five or ten years’ time. Your realtor will be able to advise you on this as well. And if you can find a fixer-upper, this is where you will get the most bang for your buck.

 

Selling a home does come with its stresses and there are certainly lots of forces that are out of your control. However, with enough planning and a bit of careful preparation, the process can be made to run a whole lot more smoothly.

Sell Your House Fast In 3 Simple Steps

When we come to list our homes on the open market, we might assume that they will fly. Your open house day should be jam-packed, potential buyers should be entering into a bidding war to pick up your piece of prime real estate, and you should be batting them away left, right and center. However, more often than not this simply doesn’t happen. Why? Because we think of our humble abodes in a highly subjective way. We have adored the pink flamingo wallpaper and bright teal hallway for a decade so why wouldn’t anybody else? Instead, you need to sell your home by imagining yourself as a buyer. Take a look at how you can sell your house fast by following these three simple steps.

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Get The Best People On Board

 

Hundreds of real estate agents will be vying for your business. While you might be tempted to go for the guy or company who takes the least commission, this can be a false economy. Sure, he won’t take as much cash out of your sales price, but if your home is on the market for an extra six months, this means extra home loan repayments which negate the very reason why you chose the guy.

 

Opt for a professional outfit that has a solid reputation in your area. Companies like William Pitt have a varied portfolio of properties, and the chances are yours could fit right in. As well as a real estate agent, you need the services of a top quality property lawyer to navigate the legalities of selling your home.

 

Decorate

 

While it may seem counterintuitive to decorate your home as you are planning to wave goodbye to it, a quick lick of white or magnolia paint to cover up the highly personalized purples and yellows can work wonders. Instead of a colorful abode, your buyers will be greeted by a sleek and modern pad ready for them to make their own mark on.

 

Dress your home appropriately with decent furnishings. If your money won’t stretch to purchasing a new sofa for the living room, hire one. Dressing your home will help seduce your buyers with a lifestyle. At the same time, you need to show off the space and airiness of your pad. Don’t leave untold amounts of clutter adorning every orifice of your rooms. This gives the impression that your home is poky and that they would outgrow it. Never say you are leaving because you need a bigger place. It always rings alarm bells in a buyer.

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Curb Appeal

 

For a few hundred dollars you can revolutionize the facade of your home. Clean the windows, paint the front door, off the lawn and weed the driveway. Put out a few colorful pots of foliage and create a welcoming atmosphere for your viewers. The chances are they will make their mind up about your home as they walk up to your drive.

 

Forget seeing your home languishing on the market and follow this guide to see your home sell fast.