Homeowners, have you ever had someone tell you they love your home so much they would buy it but then nothing happens…
In this video, you will learn how to deal with “feel good” offer aka verbal offers. You will be able to eliminate the not so serious buyers and get an actual written contract, which is what matters at the end.
Home sellers may think their home is worth a certain price while home buyers may think it’s worth a different price. Not only should you go by the market value of your neighborhood to determine the value of your home but also through buyer feedback.
What factors do buyers consider home to determine your home value?
Every home buyer is different, but throughout our experience with home buyers, we have noticed these 3 factors come up the most that buyers look at in a home to determine the home value.
1. Home updates
Buyers look for the costly updates such as a new roof, impact widows and flooring. These updates can make a difference when buyers are comparing it to other homes in the neighborhood.
2. The layout of the home
Is the home an open lay out or not? Is it a split bedroom layout? Depending on the buyer’s needs this will also determine whether they make an offer on your home or the other home for sale down the street.
3. Time, effort, and money to bring home up to buyer standards
No home is the “perfect” home for a buyer. Home buyers will always want to make a few changes here and there. The questions is, how much time, effort and money will it take to makes these changes? The fewer the changes they need to make the more value they will add to the home.
Buyers determine home value by a process called “comparison shopping”. Buyers compare the three factors mentioned above, against similar properties in the neighborhood to make a decision.
How do you make sure your home is Priced right?
Hiring the right real estate agent to assess the value of the home is important, even more so than advertising. Not having the right price on a home can mean the difference between a house selling in 30 to 60 days as opposed to not selling at all.
Contact us today, to help you determine the true value of your home! (no obligation!)
I have had homeowners face the dilemma of being ready to look for their dream home but are not sure whether they need to sell their current home first to buy their new home.
You may think you need to sell your home first in order to buy a new one. Reason being, most often, you need the money from the sale of your home to go into buying the new home. But, the dilemma is you may not want to put your home for sale before finding your dream home.
What if I told you, you can buy your new home and sell your current home at the same time?
Buy And Sell Your Home… At The Same Time
Yes, this is possible! I have done it numerous times with my clients in the past with the same situation. With the right knowledgeable real estate agent, you can put your home for sale, look for your dream home, get both homes under contract and close at the same time.
Selling and buying at the same time is known as a simultaneous closing. At the time of closing your current home, you can transfer the proceeds directly to the purchase of your new home!
Fell free to reach out to us for a NO obligation consultation on whether selling and buying your dream home at the same time is right for you! We will guide you through the whole process, from beginning to end and even beyond to ensure all is well after closing.