Deb Evans ABR,CSG - ERA Key Realty Services



Posted by Deb Evans ABR,CSG on 9/10/2019

You may have noticed significant changes in your neighborhood. Younger couples and young professionals have been moving in around you. Along with them, you see a few new restaurants, coffee shops, or co-work spaces have popped up in the area. As you become aware of the increased attraction of your community to younger buyers, you might consider selling your home under a potentially upgraded resale value. So, how do you know what attracted these young folks to the homes in your neighborhood? You purchased yours some years ago and are trying to compare the value you saw to the new perception. If this seems to fit your situation, these tips below and a consultation with your local real estate agent can help you properly determine what these new buyers’ value in a home and what you can do to most appeal to them if you want to resell. 

The first thing to remember is you can't put Millennials into any specific box. This generation spans two decades of people with entirely different upbringings, social circumstances, technology, and more! Take a look at your home and neighborhood with your agent and find what features to highlight or improve before you sell. 

Low Maintenance.

Many young buyers want to own their own home but have active lifestyles or work-life and not much time to take care of the house. Some are well-adapted to technology but may not have learned the skills to care for property or a home. When considering upgrades to your home, consider replacing wooden siding with a fiber cement-style or sturdy new exterior technology that mimics wood but won’t need repainting. Think about replacing your lawn with a low maintenance xeriscape and extend your backyard patio to allow for more outdoor living space and less lawn care. Make sure your roof is up to par and won't need attention in the near future. Look for ways to minimize the work necessary to make the home easily maintained. 

Functionality. 

Consider the vast array of lifestyles pursued by Millennials today. With so many interests, endeavors, and hobbies young buyers are not necessarily looking for a traditional home set up—though they aren’t not-looking for it either. Open floor plans and easily changeable spaces are essential to your potential buyers. They may have aspirations of a home business or hobby or host different clubs and activities that require more than the standard living or dining spaces. Find ways to open up the home and allow for easy furniture changes. Look for opportunities to improve built-in storage to require less standing furniture in each room—hallway cabinets, built-in shelving, etc. If you can make your home appeal to the different living space needs of this eclectic buyer group, you can improve your sale prospects. 

Entertaining. 

One desire of new home buyers that hasn't changed much from generation to generation. Many new home buyers have high aspirations in the realm of entertainment. Depending on your home's layout and style you won't be able to appeal to all entertainment goals, but you should look for ways to highlight and improve some key areas of the home — first, the kitchen. Young buyers no longer use formal dining rooms for entertaining guests. Many want an open kitchen with plenty of seating and counter space, and an ability for the host to entertain while cooking. Look for ways to upgrade your kitchen, add an island and wet bar area and move the party into the kitchen space. A great patio is another way to attract buyers. Extend your back patio to allow for more seating area or install a great built-in grill to be the center of entertaining. Take a look at your space to find how you can upgrade different parts to show your buyers the possibilities: sitting area, grill area, possible hot tub area, space built for outdoor games and more!

If you hope to sell your home soon, and you think you see a new market in younger buyers, get with your local real estate agent to make a plan to attract these buyers to your home’s value.





Posted by Deb Evans ABR,CSG on 7/2/2019

If you plan to sell a house, it can be easy to try to rush through the home selling cycle. However, doing so may do more harm than good, particularly for home sellers who want to maximize their profits.

Ultimately, a wait and see approach can be beneficial for a home seller. Some of the key reasons to consider taking a wait and see approach to selling a house include:

1. You can clean your house from top to bottom.

A messy home is unlikely to generate interest from large groups of homebuyers. Comparatively, a neat, tidy and pristine home is sure to stir up plenty of interest once it reaches the real estate market.

If you spend some time enhancing your house's interior and exterior, the benefits can be substantial. In addition to making your residence more attractive to homebuyers, you may be able to raise your chances of receiving offers at or above your initial asking price.

To clean your house's interior, you should spend some time mopping the floors, wiping down walls and ceilings and doing whatever you can to make each room look great. Meanwhile, to improve your house's exterior, you may want to mow the front lawn, trim the hedges and do everything possible to ensure your house has plenty of curb appeal.

2. You can conduct a comprehensive home appraisal.

A home seller who immediately adds a residence to the real estate market might not understand what his or her house is worth based on the current housing market's conditions. As such, this home seller risks pricing his or her house too high or too low.

Conversely, if you perform a home appraisal, you can set a competitive price for your residence from day one. This appraisal also will enable you to identify your home's strengths and weaknesses and find ways to transform assorted weaknesses into strengths.

Employ an experienced home appraiser to evaluate your house – you'll be glad you did. With a top-notch home appraiser at your side, you can receive the expert insights that you need to price your house appropriately.

3. You can discover the right real estate agent.

When it comes to selling a house, why should you be forced to work with an inferior real estate agent? Unfortunately, if you rush to add your residence to the real estate market, you may select the first real estate agent that you meet. And in this scenario, you risk making a poor choice.

On the other hand, a home seller who takes a wait and see approach can spend some time evaluating many real estate agents. Then, this home seller can make an informed selection and increase his or her chances of enjoying a successful home selling experience.

There is no reason to hurry through the home selling journey. Instead, deploy a wait and see approach, and you should have no trouble remaining patient and capitalizing on the right opportunities to maximize the value of your house.




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Posted by Deb Evans ABR,CSG on 5/28/2019

After you accept a buyer's offer to purchase your house, it may be only a few weeks until you finalize your home sale. However, problems may arise that slow down the home selling process. And if these problems linger, they may stop your home sale altogether.

As a home seller, it is important to do everything possible to ensure the home selling journey is quick and seamless. If you know what to expect after you accept a buyer's offer to purchase your residence, you can prepare accordingly.

Now, let's take a look at three tips to help you wrap up a home sale.

1. Negotiate with a Homebuyer As Necessary

Typically, a homebuyer will request a house inspection after his or her offer to purchase your residence is accepted. This appraisal will enable a buyer to identify any underlying problems with your home. It also may lead a buyer to request a price reduction or property repairs in order to finalize a home sale.

Although you may have allocated significant time and resources to upgrade your residence before you listed it, a home inspector still might identify assorted house issues. In this scenario, you should be ready to negotiate with a homebuyer to find a solution that satisfies the needs of all parties involved in a home transaction.

2. Remain Patient

Ultimately, the period between when you accept an offer to purchase your house and closing day may seem endless. At this time, try to remain patient and focus on the big picture, and you may be better equipped than ever before to limit problems that could slow down your house sale.

It generally is a good idea to be open to communication with a homebuyer as well. If you keep the lines of communication open with a buyer, both parties can work together to ensure a home sale goes according to plan.

3. Collaborate with a Real Estate Agent

For those who are stressed out about the home selling journey, there is no need to worry. In fact, if you work with a real estate agent, you can receive expert guidance at each stage of the home selling journey.

A real estate agent is committed to helping you achieve the best-possible results. He or she will collaborate with you throughout the home selling journey and help you identify and address any potential home selling hurdles.

Let's not forget about the assistance that a real estate agent provides after you accept a buyer's offer to purchase your home, either. At this point, a real estate agent will keep you up to date about a home inspection request and the final results of an inspection. Plus, as closing day approaches, a real estate agent will help you get ready for the big day.

Take the guesswork out of selling your house – use the aforementioned tips, and you should have no trouble wrapping up a home sale.




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Posted by Deb Evans ABR,CSG on 2/26/2019

Selling a home may be difficult, especially for those who plan to list a residence for the first time. Fortunately, many real estate agents are available to guide you along the home selling journey.

Although there is no shortage of real estate agents at your disposal, it is important to note that not all real estate professionals are created equal. Therefore, it is essential to allocate the necessary time and resources to find a real estate agent who can help you achieve your home selling goals.

What does it take to find the right real estate agent to help you sell your residence? Here are three tips to ensure you can do just that.

1. Review the Current Housing Market

Take a look at homes that are currently available and the real estate agents who are associated with these properties. That way, you can find out which real estate agents are available in your area.

Also, don't forget to assess recently sold homes in your city or town. This will allow you to learn about the real estate agents who sold various houses and how long it took these housing market professionals to finalize the property sales.

You can always search the web for real estate agents in your area too. By doing so, you may be able to view client reviews that can help you determine whether a particular real estate professional is the right choice.

2. Consult with Friends and Family Members

Friends and family members sometimes can provide insights into their past home selling experiences. As a result, they may be able to connect you with a real estate professional who will go above and beyond the call of duty to assist you.

Furthermore, neighbors may prove to be great resources as you search for the perfect real estate agent. If a neighbor recently listed or sold his or her residence, you may be able to work with the same real estate agent.

3. Meet with Several Real Estate Agents

When it comes to finding a real estate agent, it never hurts to have a face-to-face conversation.

Set up meetings with several real estate professionals. This will allow you to learn about a real estate agent's background and expertise and decide whether you feel comfortable working with this individual.

In addition, try to get client references from real estate agents and reach out to past clients to find out what it was like to work with a particular real estate professional. As such, you'll be better equipped than ever before to make an informed decision.

The search for the right real estate agent often requires hard work and patience. With the right approach, you can hire a real estate agent who can help you accelerate the home selling journey and optimize the value of your residence.

Take advantage of the aforementioned tips, and you should have no trouble employing a top-notch real estate agent.




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Posted by Deb Evans ABR,CSG on 2/5/2019

For those who plan to list a house in the foreseeable future, it often is beneficial to track the real estate market. By doing so, a home seller can identify real estate market patterns and trends and quickly address any potential property selling hurdles.

Now, let's take a look at three tips to help you analyze housing market data so you can accelerate the property selling journey.

1. Review the Prices of Recently Sold Houses in Your Area

Check out the prices of recently sold houses in your city or town. That way, you can find out whether sellers are accepting offers to purchase at or above their initial home asking prices.

Furthermore, it may be a good idea to see how your house ranks against recently sold residences. With this housing market data in hand, you may be better equipped than ever before to establish a competitive initial asking price for your home.

2. Determine How Quickly Houses Are Selling

As a home seller, you should find out whether you're preparing to enter a buyer's or seller's market. If you look at how quickly houses are selling in your city or town, you can distinguish a buyer's market from a seller's one.

In a buyer's market, you will find many sellers and few buyers. Conversely, in a seller's market, there is an abundance of buyers and few sellers.

The differences between a buyer's and seller's market are significant. If you understand whether you're getting ready to sell your home in a housing market that favors buyers or sellers, you can determine how to price your residence so it will generate plenty of interest from buyers. And as a result, you may be able to streamline the home selling journey.

3. Assess the Prices of Homes That Are Similar to Your Own

Your home may be one of many available to property buyers. Thus, you should review the prices of houses in your city or town that are similar to your own. This housing market data will help you narrow the price range for your residence.

Also, you may want to review rival home sellers' property listings and see how these sellers promote their residences to prospective buyers. Because if you can find ways to differentiate your home listing from competitors', you could boost the likelihood of a successful house selling experience.

As you prepare to add your house to the real estate market, you may want to hire a real estate agent as well. A real estate agent will offer recommendations so you can enhance your residence both inside and out and help you establish a competitive initial home asking price. Plus, a real estate agent will help you review an offer to purchase your home and determine the best course of action.

Take the guesswork out of selling your house – use the aforementioned tips, and you can monitor the real estate market and use housing sector data to simplify the property selling journey.




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