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Posted by Alferes Realty, Inc on 2/5/2019

Ready to sell your condo? Ultimately, listing a condo can be simple, particularly for condo sellers who plan ahead.

Now, let's take a look at three questions that condo owners need to consider before listing their properties.

1. What do I need to do to sell my condo?

Condo rules and regulations vary. As such, you should consult with your homeowners' association (HOA) to find out if there are any requirements related to selling your condo.

For example, an HOA may require a new property buyer to receive HOA board approval to purchase a condo in a particular community. Or, if you have outstanding condo fees, you probably will need to pay off these charges before you can sell your property.

2. How much is my condo worth?

Although your condo community likely hires landscapers to help keep your property looking great, it is important to understand that a condo's interior plays an important role in the property's value. Thus, you should allocate the necessary time and resources to upgrade your condo's interior. This will enable you to improve your condo's interior and help it stand out to property buyers, thereby increasing the likelihood of a quick condo sale.

In addition, completing a property appraisal usually is an excellent idea. A property appraiser will inspect your condo and evaluate various housing market data to help you pinpoint the value of your residence. Then, you can obtain a property valuation that can help you establish a competitive price for your condo.

3. Do I need to hire a real estate agent?

When it comes to selling a condo, it often pays to hire a real estate agent. However, it is important to note that no two real estate agents are identical, and you should try to find a real estate agent who possesses extensive condo selling expertise.

Let's face it – a condo is very different from a house. A condo owner does not have to worry about property exterior maintenance in the same way that a homeowner does. Conversely, a condo owner must follow HOA requirements; otherwise, this property owner may face steep penalties.

A real estate agent with condo selling expertise understands the pros and cons of owning a condo. Therefore, this housing market professional knows how to work with condo sellers and ensure these individuals can achieve their desired results.

Typically, a real estate agent will meet with a condo owner and learn about his or her property selling goals. After the meeting, a real estate agent will help a condo owner map out a successful condo selling journey.

Perhaps best of all, a real estate agent with condo selling expertise is ready to respond to a property seller's concerns and questions. This housing market professional also will go above and beyond the call of duty to exceed a condo seller's expectations.

Take the guesswork out of selling your condo – consider the aforementioned questions, and you can speed up the property selling process.





Posted by Alferes Realty, Inc on 1/22/2019

Selling a house should be quick and easy. Yet issues may arise that make it tough to enjoy a fast, profitable house selling experience.

Common problems that come up during the home selling journey include:

1. Lack of Curb Appeal

Dedicate time and resources to bolster your residence's curb appeal – you'll be glad you did. Remember, your residence only gets one chance to make a positive first impression on homebuyers. If your house impresses buyers when they see it for the first time, buyers may continue to pursue your home and submit requests to view your residence in-person.

To improve your house's curb appeal, you should mow the lawn, trim the hedges and perform various home exterior upgrades. Take an objective view of your home's exterior to identify any problems that may make buyers shy away from your residence. Then, you can correct these issues.

2. Initial Asking Price Is Too High

If your home's initial asking price fails to account for your house's condition and the current state of the real estate market, you may struggle to sell your residence. In fact, in this scenario, it may be many weeks or months before you receive an offer to purchase your residence.

Before you list your house, you may want to conduct a property appraisal. This enables you to receive a home valuation from a property expert. With this valuation in hand, you can set a competitive initial asking price for your house, thereby increasing the likelihood of a quick home sale.

3. Buyer's Market in Place

In a buyer's market, there may be an abundance of available houses and a shortage of property buyers. Thus, if a home seller is not careful, this individual may struggle to achieve the best-possible results.

Analyze the real estate market closely, and you can differentiate a buyer's market from a seller's one. If you find that homes linger on the real estate market for many weeks or months before they sell, you likely are preparing to enter a buyer's market. As a result, you'll need to go above and beyond the call of duty to differentiate your house from the competition.

When it comes to selling a house in a buyer's market, it may be beneficial to hire a real estate agent. This housing market professional can help you craft a plan that ensures you can seamlessly navigate the home selling journey, regardless of the current real estate market's conditions.

A real estate agent first will meet with you and learn about your home selling goals. He or she next will develop a personalized home selling strategy and promote your residence to prospective buyers. And if you receive an offer to purchase your house, a real estate agent will help you review this proposal and determine the best course of action.

Take the guesswork out of the home selling journey – collaborate with a real estate agent, and you can get plenty of help as you get ready to sell your residence.




Categories: Uncategorized  


Posted by Alferes Realty, Inc on 11/27/2018

Ready to transform your home's interior from bland to fabulous? Ultimately, how a seller approaches home interior improvement projects is important. If a seller does everything possible to upgrade a house's interior, this individual could reap the benefits of a successful property selling experience.

Now, let's take a look at three tips to help you give your residence an interior makeover.

1. Analyze the Current Condition of Your Home

Although a home inspection generally is requested by a buyer after a seller accepts an offer to purchase a house, it may be helpful for a seller to complete an inspection before listing a residence. In fact, an inspection may enable a seller to analyze the current condition of his or her residence and prioritize home interior upgrades accordingly.

Many home inspectors are available in cities and towns across the United States. If you hire a top-notch home inspector, you can receive unprecedented insights into the condition of your house and map out your home interior improvement projects.

2. Remove Clutter

Let's face it – you've accumulated a vast array of personal items over the years. These items may have served you well, but they likely take up lots of space in your home. And if you're not careful, your personal items may make it difficult for you to show off the true size of your house to potential buyers.

If you have an abundance of clutter, there is no need to stress. You can always sell excess items online or at a yard sale, or you can donate these items to a local charity. Furthermore, if you have personal items you want to keep, you can rent a storage unit to hold these belongings until your residence sells.

3. Clean Each Room of Your Home

Maintaining a neat, tidy home is essential, particularly for an individual who wants to sell his or her residence as quickly as possible. If you perform regular cleaning tasks, you can keep your house looking great for the duration of the property selling journey.

Oftentimes, it helps to make a list of daily, weekly and monthly cleaning tasks. If you stick to a regular cleaning schedule, you can ensure each room of your home will dazzle at all times.

As you look for ways to upgrade your home's interior, you may want to hire a real estate agent too. This housing market professional is happy to provide home interior improvement recommendations and suggestions. Plus, he or she can put you in touch with the best local home interior improvement professionals.

In addition, a real estate agent provides extensive guidance throughout the house selling journey. He or she will help you list your home, promote it to the right groups of potential buyers and much more. And if you have home selling concerns, a real estate agent can address them right away.

Improve your home's interior – use the aforementioned tips, and you can bolster your house's interior before you add your residence to the real estate market.




Categories: Uncategorized  


Posted by Alferes Realty, Inc on 10/30/2018

If you plan to sell your home, it may be helpful to prepare for a difficult negotiation with a homebuyer.

Although your home may be in great shape and you've set a fair price for it, there are no guarantees that you'll be able to avoid a long, complex home selling negotiation. However, a home seller who prepares for a difficult negotiation now may be better equipped than others to remain calm, cool and collected throughout the home selling journey.

Now, let's take a look at three tips that home sellers can use to get ready for a difficult negotiation.

1. Assess the Housing Market Closely

A home seller who sets a competitive price for his or her residence may be able to avoid a complicated home selling negotiation entirely.

To determine a fair price for your house, a property appraisal is ideal. During this appraisal, a property inspector will evaluate your home's interior and exterior and help you identify any problem areas. Then, you can complete assorted home improvement projects and price your house accordingly.

Furthermore, it is important to assess the prices of comparable houses in your area. With this housing market information at your disposal, you can enter a home selling negotiation with data to support your arguments.

2. Understand Your Home Selling Goals

How a home seller approaches a negotiation may vary based on his or her goals.

For example, a home seller who needs to move out of a house as soon as possible may be willing to go above and beyond the call of duty to satisfy a property buyer's requests. By doing so, this home seller can speed up the property selling cycle.

On the other hand, a home seller who can afford to be patient may be unwilling to budge on various homebuyer requests.

Consider your home selling goals closely before you enter a negotiation with a homebuyer. And if you feel uncomfortable, you can always walk away from a negotiation and reenter the housing market.

3. Focus on the End Results

A home selling negotiation can become contentious, but it is important to remember the end goals of this negotiation.

Ultimately, a successful negotiation will meet the needs of both a property seller and buyer. If a negotiation heavily favors a homebuyer, a home seller should be ready to exit the negotiation.

A home selling negotiation can be stressful, and you should be ready to take breaks as needed. For example, spending a few minutes meditating or walking outdoors may help you clear your head and reenter a home selling negotiation with a fresh perspective.

Lastly, if you want additional support, real estate agents are happy to help you. A real estate agent knows what it takes to negotiate with homebuyers and will do everything possible to ensure all parties involved in a negotiation get the best results.

Take the guesswork out of a home selling negotiation – use these tips, and you can prepare for a difficult negotiation before you add your house to the real estate market.




Categories: Uncategorized  


Posted by Alferes Realty, Inc on 10/9/2018

If you want to achieve the best-possible results during the home selling journey, you should be open to negotiating with a homebuyer. Because if you communicate with a property buyer, you may increase your chances of enjoying a quick, successful home selling experience.

There is no need to stress about a home negotiation. Now, let's take a look at three tips to help you handle a negotiation with a homebuyer.

1. Consider the Buyer's Perspective

Both a home seller and homebuyer share a common goal: to reach an agreement on a house sale. If you analyze both sides of a home negotiation, you may be better equipped than ever before to come to terms with a buyer.

Ultimately, it may be beneficial to make small sacrifices to ensure you and a buyer can find common ground during a negotiation. If you are willing to work with a buyer, you may find that a buyer will work with you too. And as a result, you and a buyer could reach an agreement that satisfies the needs of both parties.

2. Evaluate Your Options

A home negotiation can be stressful, but there is no need to let stress get the best of you. Instead, you should try to stay calm and consider your options as you navigate a negotiation. That way, you can make informed home selling decisions.

Oftentimes, it is helpful to review housing market data as you negotiate with a homebuyer. Information about the prices of recently sold houses in your area that are similar to your own, for example, may help you explain why you want a certain price for your residence.

You also should be unafraid to walk away from a home negotiation. If you feel you cannot find common ground with a buyer, you can continue to promote your residence to prospective buyers until you receive an offer to purchase that matches your expectations.

3. Work with a Real Estate Agent

There is no need to enter a home negotiation on your own. Lucky for you, real estate agents are available in cities and towns nationwide, and these housing market professionals can negotiate with a buyer on your behalf.

During a home negotiation, a real estate agent will do whatever it takes to help you achieve the optimal results. He or she will keep you up to date throughout a home negotiation. Plus, a real estate agent is happy to provide recommendations about whether to accept, reject or counter a buyer's offer to purchase your house.

Let's not forget about the assistance a real estate agent provides after you accept an offer to purchase, either. At this point, a real estate agent will help you prepare for a home closing. He or she will respond to any of your home closing concerns or questions as well.

Be ready to negotiate with a homebuyer – use the aforementioned tips, and you can prepare for a home negotiation and boost the likelihood of getting the best price for your residence.







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