Posted by Andrew Abu Realtors on 7/2/2018

After you receive an offer to purchase your house, you likely have only a short period of time to make your decision. Ultimately, determining whether to accept, reject or counter a homebuyer's proposal can be tricky. But if you plan ahead, you should have no trouble performing a comprehensive analysis of a buyer's offer, regardless of how much time is available.

Now, let's take a look at three tips to help you review a homebuying proposal.

1. Weigh the Pros and Cons

Creating a pros-cons list may prove to be ideal, particularly for a seller who is struggling to decide how to proceed with an offer. With this list in hand, you can evaluate the advantages and disadvantages of accepting a proposal and determine the best course of action.

Furthermore, it may be beneficial to assess your homebuying goals relative to an offer. If you goal is to maximize your profits, for example, you may want to accept an offer only if it matches or exceeds your house's initial asking price. Or, if your goal is to move out of your current residence as soon as possible, you may be willing to accept a proposal, even if it falls short of your home's initial asking price.

2. Assess the Housing Market

Housing market data is readily available that may help you make the best-possible decision about a home offer. If you analyze this information closely, you may be better equipped than ever before to decide whether a buyer's proposal is "fair" based on the current real estate market's conditions.

Oftentimes, it helps to conduct a home appraisal before you list your residence as well. Following a home appraisal, you'll receive a property valuation that may help you price your residence and evaluate home offers down the line.

3. Consult with a Real Estate Agent

There is no need to examine a home offer on your own. Instead, collaborate with a real estate agent, and you can receive expert recommendations as you assess a homebuying proposal.

A real estate agent is happy to work with you at each stage of the home selling process. This housing market professional will make it simple for you to list your house and promote it to the right groups of buyers. Next, a real estate agent will set up home showings and open house events to showcase your residence. And once you receive an offer on your house, a real estate agent will allocate the necessary time and resources to help you make an informed decision.

Lastly, if the first home offer that you receive fails to impress, there is no need to worry. You should not feel pressure to accept the initial offer on your house. In fact, you can always counter this proposal to set the stage for negotiations with a buyer, which could increase the likelihood of a successful home sale.

Get ready to review a homebuying proposal use the aforementioned tips, and you can fully assess any offer that you receive.





Posted by Andrew Abu Realtors on 6/18/2018

Putting your home up for sale can elicit a myriad of emotions from you and your spouse -- everything from excitement and anticipation to fear and sadness. It's only natural to feel a mixture of emotions, especially if your home represents years of memories, countless milestones, and stages of family growth.

A cautionary note to keep in mind is that it's easy to get caught up in emotion-based decisions that could derail your chances for making a fast sale.

A primary example would be pricing your home higher than it might actually be worth. Despite the fact that you've experienced great family memories there and spent tens of thousands of dollars to maintain, upgrade, and beautify your home, those factors usually do not translate into a sale price that exceeds the property's appraised value. Your perspective, which may be based on subjective criteria, such as all the "blood, sweat, and tears" you put into your house -- not to mention the "TLC" that went into it -- does not hold water in the minds of would-be buyers.

What Does Determine a Home's Value?

The unvarnished truth is that the value of your home is mostly based on prevailing market conditions, the price at which comparable homes in your neighborhood recently sold, and what the market will bear. Effectively setting a price that will bring in the most money without driving away qualified and otherwise-interested buyers is a delicate balance. The homeowner rarely has the objectivity or the specialized knowledge to accurately set the right price. That's where real estate agents comes in, and why it's advisable to sell your home through a licensed agent, rather than attempting a "For Sale By Owner" approach.

Minimizing Bumps in the Road

A good real estate agent will work on your behalf to effectively market your home, collaborate with other agents in the area to schedule showings and spread the word about your listing, and advise you on ways to improve both the curb appeal of your home and its interior appearance. Your agent can also provide indispensable negotiating help, as well as guidance about seller disclosure requirements and other government regulations.

The bottom line is that real estate agents are well-versed in the intricate process of listing, marketing, and selling residential property. Since there are a lot of forms to sign, deadlines to meet, agreements to reach, and formalities to handle, those are among the many sound reasons to enlist the help of a professional.

Although the process of selling a residential property often involves delays, setbacks, and obstacles, most real estate agents are quite adept at solving problems and getting past difficulties. In addition to the marketing, networking, and strategizing they're doing on your behalf, a good agent can also be counted on to provide you with regular progress reports and boost your spirits when you're feeling discouraged.





Posted by Andrew Abu Realtors on 6/11/2018

Ready to transform an ordinary kitchen into a stellar one? With a kitchen cleaning checklist, any home seller can revamp a kitchen's look and feel.

Ultimately, there are several things to include in a kitchen cleaning checklist, such as:

1. Countertops

If you cook regularly, your kitchen countertops may become messy. Plus, if you store a wide range of items on your kitchen countertops, these items may collect dust over time.

Fortunately, it usually doesn't take long for a home seller to clean kitchen countertops and improve their overall appearance.

It may prove to be worthwhile to clean the kitchen countertops daily. Wiping down the countertops regularly ensures that dust and debris can be eliminated before they cause long-lasting damage.

Furthermore, don't forget to eliminate as much clutter as possible from your kitchen countertops. This will enable you to show off the true beauty of your kitchen countertops, thereby increasing the likelihood that potential homebuyers will be impressed by your home's kitchen.

2. Floors

If food particles fall onto the floor while you're cooking and you fail to clean them up in a timely fashion serious problems may arise in your kitchen. However, a diligent home seller will know how to keep the kitchen floors looking great at all times.

Cleaning the kitchen floors typically is a weekly task that may require just a few minutes to complete.

If you have tile floors in your kitchen, warm water can be used to wipe down the floors as needed. Also, sweeping or vacuuming tile floors will enable you to get rid of loose soil and grit.

Comparatively, if you have hardwood floors in your kitchen, boiling water may prove to be essential. Wash your kitchen's hardwood floors thoroughly, and you can enhance their appearance in no time at all.

3. Sink

Believe it or not, the kitchen sink can make a world of difference in the eyes of potential homebuyers. If you dedicate the necessary time and resources to clean the kitchen sink, you should have no trouble impressing homebuyers any time they check out your house's kitchen.

Using a general-purpose cleaner is all it takes to clean a kitchen sink. After you apply the cleaner, wipe the sink dry, and you're good to go.

Daily kitchen sink cleaning is paramount. If you spend even a few minutes each day cleaning the kitchen sink, you can maintain the sink's appearance both now and in the future.

If you need additional help with kitchen cleaning, don't hesitate to reach out to a home cleaning company for assistance. This business hires professionals who understand the ins and outs of cleaning a kitchen as well as other areas of a home and will help you revamp a house's appearance.

Lastly, feel free to contact a real estate agent for support throughout the home selling process. With an expert real estate agent at your side, you can boost your chances of getting the best price for your residence.





Posted by Andrew Abu Realtors on 6/4/2018

If you recently added your house to the real estate market, it may be only a matter of time before you sell your house. In fact, if you know what to expect after a home listing is published, you can plan accordingly for all stages of the home selling journey.

Now, let's take a look at three tips to help you prepare for the home selling process.

1. Craft an Engaging and Informative Home Listing

Oftentimes, a home listing may dictate a seller's success. If a seller creates a listing that fails to effectively highlight a house's benefits, buyers may shy away from the residence altogether. On the other hand, a seller who crafts an engaging and informative listing can increase the probability of a fast, profitable home selling experience.

Your home listing should include relevant information about your residence, including details about your house's age and condition. Also, it may be beneficial to include high-resolution photographs of your house to help buyers envision what life may be like if they purchase your residence.

There is no need to stretch the truth in your home listing, either. Because if you fail to provide homebuyers with accurate information about your home and these buyers discover "hidden" home problems during an inspection you ultimately may put a potential home sale in jeopardy.

2. Make Your Home Available to Potential Buyers

As a home seller, you should strive to make your residence available to as many potential buyers as possible. Thus, if a buyer requests a home showing on short notice, you should be willing to temporarily vacate your residence to accommodate this buyer's request.

In addition, you should try to keep your house neat and tidy. That way, if a buyer requests a showing on short notice, you won't have to worry about scrambling to clean your home.

3. Know What Your Home Is Worth

After you list your house, buyers will read your home listing and set up showings. And if a buyer is truly interested in purchasing your home, he or she likely will submit an offer.

A seller generally has only a limited amount of time to assess an offer and decide whether to accept, reject or counter it. Fortunately, if you conduct a home appraisal, you can find out what your house is currently worth.

With a home appraisal, a property expert will examine your residence, as well as evaluate pertinent housing market data. Next, this property expert will offer a home valuation that helps you understand the true value of your house.

Lastly, if you need assistance as you sell your house, it may be helpful to hire a real estate agent. This housing market professional can teach you about the real estate sector and help you make informed decisions at each stage of the home selling journey.

Take the guesswork out of selling your house use the aforementioned tips, and you can boost your chances of enjoying a fast and successful home selling experience.





Posted by Andrew Abu Realtors on 5/21/2018

If you plan to sell your house and need to declutter quickly, hosting a yard sale may prove to be ideal.

Ultimately, a yard sale enables you to get rid of excess items and earn extra cash at the same time. It also may help you connect with neighbors and lay the groundwork for long-lasting friendships.

When it comes to hosting a yard sale, it is important to sell the right items to the right buyers. By doing so, you can increase your chances of transforming an ordinary yard sale into a successful one.

Now, let's take a look at three items to sell during your yard sale:

1. Clothing

If you're moving from a warm-weather climate to a cold region or vice-versa you should sell clothing that you no longer need.

Wash any clothes that you plan to sell as part of your yard sale. This will ensure all clothes are stain-free.

Furthermore, consider the buyer's perspective as you determine which clothing to sell. And if you find that some of your t-shirts, turtlenecks and other clothes are faded or ripped, you may want to dispose of these items altogether.

2. Electronics

TVs, video game consoles and other electronics often prove to be popular yard sale purchases. As such, if you have excess electronics, you should sell these items at your yard sale.

If you plan to sell an old desktop or laptop computer, make sure to clear the hard drive. This helps eliminate potential cybersecurity headaches down the line.

Also, test any electronics to ensure they work properly. If electronics are battery-operated, install batteries to make it easy for yard sale shoppers to test these items. Or, if electronics require an electrical outlet, set up a power source that allows potential buyers to try these electronics.

3. Appliances

If you are moving to a new house that already has a refrigerator, washer, dryer and other appliances, a yard sale provides an excellent opportunity to sell your current appliances.

Be realistic when you set prices for your home appliances. Check out the prices of brand-new and used appliances, and you can establish a price range for your appliances based on their age and condition.

In addition, don't hesitate to negotiate with buyers on appliance prices. Because if you fail to sell your appliances at your yard sale, you may be forced to move these big, heavy items on your own.

Those who understand which items to sell at a yard sale should have no trouble stirring up plenty of interest in any yard sale, at any time.

Lastly, if you want extra help as you plan for a yard sale, a real estate agent can offer expert assistance. This housing market professional can provide home decluttering tips to ensure you can sell the right items during your yard sale.

Start planning for a yard sale today, and you can move one step closer to decluttering and selling your house.




Categories: Selling Your Home   yard sale