Selling Your Home During The Holiday Season-Decorate Or No?

Selling Your Home During The Holiday Season-Decorate Or No?

The holidays are arguably the most festive time of the year. And for many people, part of that festiveness is plenty of festive, holiday-themed decorations. But if you’re selling your home, going too over-the-top with your decorations can put off potential buyers.

So, the question is, can you decorate your home for the holidays without hurting your home sale?

An article from realtor.com outlined the rules you need to follow if you want to get into the holiday spirit with your decorations while selling your home during the holiday, including:

The price makes all the difference. The only way you will be able to acquire buyers is by offering a reasonable price that will make everybody involved content.

Avoid personalized decorations. If you want to sell your home, potential buyers need to be able to picture themselves in the space. But if your home is plastered with personalized holiday decorations, it’s going to be nearly impossible to do that—so while you might love your personalized Christmas stockings or your array of holiday cards from friends and family, keep them packed away until your home is sold.

Go classic. Classic, elegant holiday decorations are always going to have a wider appeal to buyers than more kitschy, over-the-top decor.

Have the air conditioner and heating systems serviced prior to putting the home on the market. Most buyers are not willing to make a huge investment for a new heating and cooling system after purchasing a piece of property.

Look to your neighbors in Farmington hills and surrounding areas. Your buyers are looking at your neighborhood just as much as they’re looking at your home—so when it comes to holiday decor, look to your neighbors for inspiration. If every home on your block is decked out for the holidays, you don’t want to skip decorating altogether—and, on the flip side, if your neighbors all opted out of holiday decorations, your don’t want to deck your home in bright lights and an avalanche of “Happy Holidays”-inspired decor.

Bottom line? It is possible to sell your home and decorate it for as long as you decorate with potential buyers (and your home sale) in mind.

Selling A Home-First Timers Check List

Selling A Home-First Timers Check List

As a homeowner, the selling process can be an overwhelming experience – especially for first timers. Since they’ve never been through the experience of selling a home, many homeowners feel a bit lost as to what they need to do before they can pass their keys over to the next owners.

But not to worry! Here’s a checklist that covers all the essentials for homeowners getting ready to sell their first property:

Sprucing Things Up

Before homeowners list their home, they will want to handle any minor fixes that might keep them from getting top dollar for their property and spruce things up to make the home more attractive to potential buyers.

While every home is different, some areas that homeowners will want to revamp before listing their home include:

Painting

Painting is a relatively easy and inexpensive fix, but it can really make a difference in how a home presents. Before listing, homeowners should plan to refresh both the exterior and interior paint.

It also helps to use neutral colors when repainting a house that’s about to go on the market. Bold colors can be off-putting or distracting to potential buyers. Using neutral colors like white, beige, or gray, will help potential buyers see the property, not the paint.

Landscaping

The first thing potential buyers will notice when viewing a home is the landscaping. If the yard is in shambles or there are human-sized weeds sprouting from every corner, it can be a deal breaker.

Investing in landscaping upgrades will add to a property’s curb appeal and can help land a higher selling price. If the outdoor area hasn’t been landscaped, adding flowers, small trees and greenery can go a long way. If the property already has a garden, cleaning the area up (including raking, pruning and adding additional plants to fill in any visible gaps) will suffice.

Cosmetic Repairs

If there are minor and/or inexpensive repairs that need to be done to the property, it can be helpful for the homeowners to take care of them prior to listing. Small repairs, like steam cleaning the carpets or fixing a leaky shower, are quick, easy and inexpensive fixes, but can make a big difference when showing the home.

While homeowners will want to leave more major repairs and remodels for the potential buyers, cleaning up small problems will yield big results when they put their home on the market.

Staging

It’s important for homeowners to stage their home in a way that’s appealing to potential buyers. Staging can either be done with the help of a professional organizer and decorator or independently, but proper staging should include:

  • Decluttering the home
  • Removing any personal items
  • Reorganizing, rearranging and/or removing furniture to make the home feel more open and spacious
  • Thoroughly cleaning the home
  • Arranging the home to highlight the property’s best features (for example, pulling back curtains to showcase a gorgeous view or moving any furniture that blocks interesting architectural details)
  • Adding decorative items to enhance the space

Staging a home in a way that appeals to buyers can have a huge impact on the selling process. Professional stagers typically cost a few thousand dollars, but if homeowners want to save the extra cash, HGTV has some great tips on how to best stage a home for maximum impact.

Choosing An Agent

Once the property is ready to be shown to potential buyers, it’s time to find an agent.

Choosing the right real estate agent is HUGELY important, particularly for first time sellers. Having the right real estate agent representing the property can mean the difference between a quick, painless and positive selling process and a long, drawn out nightmare.

When choosing a real estate agent, homeowners should consider:

Does this agent specialize in this type of property and in this area?

Whenever possible, homeowners should work with an agent who possesses a wealth of knowledge and experience selling the type of property they’re looking to sell within their market.

Different types of properties and different markets have different nuances, and working with an agent who understands those nuances can help homeowners sell their home quicker and for a higher price than working with an agent who isn’t as knowledgeable.

What’s the agent’s track record?

One of the best predictors of future success is past success. When choosing a real estate agent, homeowners should ask what their track record of success is. How many homes have they sold in the past year? What’s the average time their properties stay on their market? What percentage of their deals come in at the asking price or above?

Understanding a real estate agent’s past performance can help homeowners understand what they might expect during the selling process and helps to set up proper expectations for both the homeowners and the agent.

What’s the agent’s plan for selling the property?

Homeowners should also ask what their agent’s plan is for selling the property. What marketing channels will they leverage to make sure the property gets in front of the right people? How aggressively do they plan to market the property? What’s their backup plan should they not be successful with their typical marketing strategies?

It’s an agent’s job to sell a property, but there are many ways to do that. Homeowners will want to find out upfront what their agent’s plan is to make sure it’s in line with what they’re looking for.

Selling a property can be overwhelming for first time sellers. But by following the steps in this checklist, homeowners can take the necessary steps to selling their home quickly, easily and with as little stress as possible.

Homes For Sale In Farmington Hills-Hire A Real Estate Agent

Homes For Sale In Farmington Hills-Hire A Real Estate Agent

You are probably wondering that if a person can buy a house on their own, then why can’t they sell one on their own as a For Sale By Owner (FBSO) . Homes for sale in Farmington Hills, Michigan deserve a great Real Estate agent to market, stage, arrange appointments and screen buyers to assure they are pre-qualified and able to purchase your home and get you the best price possible. 

Houses that have the sign stating “FSBO” (for sale by owner) do not make much profit. According to the National Association of Realtors, in 2017, 89% of the sellers sold their house through a real estate agent and 87% of the buyers hired a real estate agent for the purchase. A house sale that was handled by a real estate agent went for $249,000, whereas one that was handled by the owner went for $190,000.

A few difficulties that FSBO houses face include:

  • Inability to set the right price
  • Unable to understand the paperwork
  • Not being able to sell the house within the planned time
  • Failing to stage the house properly for the sale
  • Not having enough time for giving people a house tour

Now that you know what awaits you if you put up your home for sale in Farmington Hills, Michigan, on your own, let’s have a look at the following reasons why hiring a real estate agent is more beneficial:

1.     They Have More Knowledge about the Real Estate Market

You won’t be able to make a sound deal on your home for sale in Farmington Hills, Michigan, because both the parties, you and the buyer, are not familiar with most of the real estate terms. A loophole might become visible in the future that will negatively affect you both. This is where a real estate agent proves his worth. Not only is he up to date with the current real estate market trends, but he also knows what documents are needed to make the transfer as easy as possible.

2.     House Is Priced Competitively

The real estate agent knows more about comps than you will ever find out on the internet. Comps are necessary for setting the price. They are the key to multiple offers. Why would you pass up on such a good opportunity!

3.     They Have Several Online Marketing Strategies up Their Sleeve

A real estate agent has several connections, which allows them to market your house to the right buyers. They are recognized in the industry, which gives them the power to sell your house within a month.

4.     High Profits In Homes For Sale Farmington Hills, Michigan

When a trusted and reliable real estate agent handles home for sale in Farmington Hills, Michigan, you can be assured that you will receive a hefty profit. Clients with whom he has been working for a long time will trust his judgment and might even agree to the asking price without negotiations.

Convinced why hiring a real estate agent, who will ask for a small commission (did we mention small), is such a good idea? If you think about it, a real estate agent has magical powers—sort of— that help you sell your house easily. If you are looking for such a competent real estate agent who will help you with your house’s sale, then visit Homes2MoveYou  or call me 248-790-5594 and get your house listed and beat the upcoming competition.

 

Home Warranties Can Ease Your Worries

Home Warranties Can Ease Your Worries

Buying or Selling a home in or around Oakland County Michigan can be a daunting task if buyers are looking for the perfect home that have few issues, but when sellers offer home warranties with the sale, things usually get moving. Buyers in the local Oakland County area love the styles and craftsmanship of the older homes that are prominent in this area ranging from 1940s to 1990’s sprinkled with new construction here and there. When buyers look at first they want a newer home that they feel would be more worry free, but newer is not always better in many cases as the construction is better built than of current days, this is where a home seller of an older home and home warranties can really benefit. In this post I will try to break-down why home warranties can really ease the worry of home buyers and also help home sellers sell their older homes.

You know that old phone prank…

Someone calls and says, “Is your refrigerator running?”

The person on the other end then says, “Yes. Why?”

And then the caller says something like, “You better catch it before it gets too far away!!”

The joke worked because, for the most part, everyone has a fridge, and it is probably working.

And that is when you should have a home warranty in place… when your fridge is working, not once it is broken.

Do you have a list of worries?

There’s a lot of things you probably notice, but ignore around your house. Until it is too late, and becomes a much bigger problem.

It’s not broken…but maybe you notice that your fridge is making a different sound lately.

Your garage door isn’t working quite right. It goes half way down and gets stuck.

The bathroom faucet is dripping.

You notice a little leak in your bedroom ceiling.

Little worries like these are super common for homeowners.

Maybe you have an even longer list of little worries than those…

What’s the real worry?

But worries like those aren’t the real worry.

The real worry is the cost of getting them fixed.

For a lot of people, it is hard enough just paying the mortgage and other household bills.  It’s not like there’s tons of money sitting around to fix the little worries.

So you probably ignore it for as long as possible. Then the little problem becomes bigger and bigger. And the little problems become more numerous.

You figure you will deal with it when and if it becomes too big of an issue…which is usually once something is broken, or not working at all. You deal with it once you have to spend the money.

Get a home warranty before it is too late…

If all of that sounds too familiar to you, a home warranty can solve a lot of your worries.

But you need to get one before your appliance, your furnace, your air conditioning, or whatever else, is actually broken. They won’t cover your problem if it was a pre-existing condition…

Part of the problem might be that you don’t want to spend the money to buy a home warranty. They can cost hundreds of dollars. Maybe even upwards of a thousand or so, depending on the plan and coverages.

But in comparison to how much it could cost you if your furnace or water heater stopped working, the cost is really not so bad.

And, it isn’t like you can go and just buy a $500 home warranty once the furnace goes kapoot, call them up, and presto, have them send someone over to install a new one.

You can try… but they are gonna deny.

Expect some aggravation

As with anything… not all home warranty companies or plans are reputable or great.

Just do a little research online, and you will see tons of complaints about home warranty companies. Enough to scare you away from even buying one.

With that said, sometimes it is a matter of having the right understanding, expectations, or following the right protocol.

For instance, a home warranty company won’t necessarily get you a new furnace…if the existing one can be fixed. A lot of people complain that they wanted something replaced, but the warranty company merely fixed the problem. They have that right. If it can be fixed, they fix it. If not, they replace it. Sometimes, people misunderstand what to expect, or simply want more than they should expect.

Or, some people will feel that they should be able to call their own contractor to have a problem fixed or replaced, and expect that the warranty company will pay the bill. Most don’t allow that. The warranty company needs to be called first, and they will usually give you a choice of a few contractors that they have relationships with. Not necessarily contractors you know, or want to hire.

A lot of times, people complain just because they presumed that something would be covered, when it really isn’t. You need to know what your policy will cover. (A pool, for instance.) There are usually a few options within each home warranty company. Obviously, the more and better the coverage… the more the cost.

And it isn’t uncommon to have to fight a little bit (or a lot a bit) to get something covered. They certainly have their loopholes and language in the policies that allow for them to deny coverage if they want to. Or even just do things as cheaply as possible.

So, do expect that just buying a home warranty is not a direct ticket to getting everything you want, at least without question or a little fight.

It’s aggravating, but the old adage about the squeaky wheel gets the oil is probably a good way to approach dealing with your home warranty company. Expect to squeak.

A good, simple trick…

Hey, you may find a great home warranty company who addresses you and your problems thoroughly, quickly, and with little hassle. Without needing to squeak, even. If so, that’s great.

But probably not… judging by so much of what you read online. It is hard to find one that has an absolutely favorable reputation.

So a good trick you might want to consider is this…

…call your real estate agent.

Ask your real estate agent for their advice.

Advice on:

  1. Does a home warranty make sense for you, your needs, and your specific concerns?
  2. If so, what home warranty companies do they recommend?

Here is the real “trick” to this trick…

Real estate agents often have affiliations with home warranty companies. They are are in the business day after day. Home warranty companies do not want to be on their bad side.

So, if you are having an issue with a home warranty company, your real estate agent may just be helpful in getting the warranty company to get things done. Especially if it is one that they have an affiliation with, or recommend.

All it might take is a phone call, or an e-mail from your real estate agent, and whatever issue you were having might just get resolved more quickly than by you spending hours on the phone, sending e-mails, or writing a scathing complaint online.

Too often, some of the in-between-the-lines benefits of a real estate agent get overlooked.

This is one of those benefits. Don’t overlook it.

If you have any little worry around your house…or a long list of them…call me your real estate agent. Ask my advice. As an agent I will give it freely, and for free. And gladly.

Staging For A Higher Sales Price

Staging For A Higher Sales Price

Many potential home sellers think staging is a waste of money. But it turns out, staging has a significant impact on how quickly, effectively, and profitably you may be able to sell your house.

Why? Because staging is a key component of drawing in buyers. According to the National Association of Realtors 2017 Profile of Home Staging, a whopping 77% of buyers agents said a home that is staged made it easier for their clients to visualize a home as their own. And the more a buyer is able to see themselves living in a home, the more likely they are to make an offer.

Even more good news: According to the same report, 50% of seller’s agents see in increase in the offers their clients received from buyers when their house was staged—and 39% said staging greatly decreases the amount of time a house is on the market.

Because a staged home has such a significant impact on the amount of time a house sits on the market and the ultimate offer price, you’d think everyone would be doing staging… but that’s just not the case. Only 25% of sellers pay to have their house staged.

Any Realtor or buyer will tell you the benefits of staging a home for sale. There are important benefits that make it worth the effort. Below are things to consider when deciding whether to stage your property.

The Benefits Of A Staged Home For Sale

The fact is, the way your home is staged can truly impact the appeal of your property and its selling price. Staging highlights the best elements of your home and can minimize the not so great ones. It also enables buyers to visualize themselves living in the space. These impressions can increase the interest level of those buyers. Ultimately, staging your listing can help it go under agreement sooner and for more money.

Approaches to Home Staging

There are various ways that a home may be staged and options may differ based on specific properties. Here are just a few approaches that your Realtor may cover with you:

  • Organization
  • Clearing the Clutter
  • Changing Colors an Decor
  • Changing Furniture
  • Lighting Aspects

When staging your property for sale, you want visitors to think that it can be their home and not that they are entering yours. Although people are purchasing the home itself and not your personal belongings, it is unavoidable that those belongings and how they are presented may affect their feelings about the home.

Debating Whether to Stage Your Property

If you want the maximum sales value, you must acknowledge the benefits of staging Farmington Hills homes for sale and make the effort to do it properly. You do not have to figure it out on your own. Rely on real estate experts for ideas. Their experience with home buyers and selling other homes may be a huge asset. For further information on listing and staging your home, contact Tom Gilliam at RE/MAX Classic.

The Takeaway

If you’re getting ready to sell, stage your home. Staging can help your house stand out from the competition, and it can potentially fetch a higher offer faster than you thought possible.

 

Listing: Open House Modal