Brian O'Neil - RE/MAX Advantage I



Posted by Brian O誰eil on 2/21/2021

Looking to add your home to the real estate market sooner rather than later? Ultimately, you'll want to look beyond the potential price of your residence as you get your house ready for the real estate market.

For home sellers, price is one of several factors to consider before they list their houses. In fact, some of the top home selling factors to evaluate beyond price include:

1. A Home's Location

A home's location may dictate how quickly you're able to sell your residence. And if you understand the benefits associated with your house's location, you should have no trouble promoting your residence to the right groups of homebuyers consistently.

For example, a home that is located near a big city may prove to be an ideal choice for those who work in the city. On the other hand, a house that is located near top schools could prove to be an ideal option for families.

2. A Home's Condition

Although you've tried to maintain your house's interior and exterior over the years, you may still be uncertain about how your residence will stack up against other houses in a competitive real estate market.

Fortunately, a home appraisal can help you take an in-depth look at your house's condition and map out your home selling journey.

During a home appraisal, a property inspector will examine your residence. The appraisal may take several hours to complete, as a property inspector will investigate your house's interior and exterior.

When a home appraisal is finished, a property inspector will provide you with a detailed report that describes his or her findings. Then, you can use the home insights contained within this report to prioritize myriad home improvements.

With a home appraisal, you can gain deep insights into your house's condition. That way, you can better understand your house's strengths and weaknesses prior to adding your home to the housing market.

3. The Current State of the Housing Market

The current state of the housing market may impact your ability to sell your house, and for good reason.

For instance, if you're operating in a seller's market, there may be an abundance of homebuyers and a shortage of top-notch houses. This means there will be high demand for the best residences, and you may attract plenty of interest in your house as soon as it becomes available.

Let's not forget about a buyer's market, either. In a buyer's market, there are many home sellers and few homebuyers. Therefore, a home seller may need to allocate significant time and resources to stir up interest in his or her property.

For those who are unsure about how to navigate a seller's or buyer's market, hiring a real estate agent usually is an excellent idea. A real estate agent can teach you about the current state of the housing market so that you can get the best results possible during the home selling journey.

Look beyond price before you list your residence, and by doing so, you can boost your chances of a fast home sale.




Categories: Uncategorized  


Posted by Brian O誰eil on 2/14/2021

After you accept an offer on a home, you likely will only have a few weeks to pack up your belongings and vacate the premises. As such, there are many questions that home sellers need to consider at this point, including:

1. Where am I going to live?

If you haven't figured out where you're going to live after your home closing, there is no need to panic. Consider all of your potential living options now, and you can plan accordingly.

Oftentimes, friends and family members may be willing to provide you with a temporary place to live. These loved ones may enable you to stay in their houses until you buy a new residence. Or, in some instances, you may be able to permanently move in with friends and family members.

On the other hand, if you enjoy being a homeowner, you may want to kick off a home search right away. This will enable you to find a new place to live in the city or town of your choice. Also, if you work quickly, you may be able to finalize your home purchase around the same time that you sell your current house.

2. What is the homebuyer's next step?

In most cases, a homebuyer will have a set amount of time to schedule a home inspection after you accept his or her offer. Once the home inspection is complete, the buyer will receive a report that provides insights into the condition of your house.

For home sellers, a home inspection can be stressful. If a property inspector discovers problems with a residence, a buyer may choose to walk away from a home purchase or ask a seller to complete various home renovations.

When it comes to selling a house, it pays to be honest. If you provide honest responses to a homebuyer's questions about your residence, you can help the buyer make an informed purchase decision. Plus, with this approach, you can minimize the risk that a home inspection may lead a buyer to rescind his or her offer.

3. What will I need to do to finalize the home sale?

The time between accepting a home offer and reaching the closing date may seem endless. However, a patient home seller will be able to stay calm, cool and collected, even if challenges arise along the way.

As a home seller, you should try to do everything you can to reach the finish line of a property sale. If you maintain consistent communication with a real estate agent, you can seamlessly navigate all stages of the home selling cycle.

A real estate agent works on a home seller's behalf and will do everything possible to minimize potential pitfalls. Thus, this housing market professional is happy to respond to a home seller's questions to ensure this individual is fully supported in the weeks and days leading up to a home closing.

Collaborate with a real estate agent, and you can receive plenty of support throughout the home selling journey.




Categories: Uncategorized  


Posted by Brian O誰eil on 9/6/2020

Photo by Im3rd Media on Unsplash

Selling your home can be a very exciting experience. From house-hunting to packing up your stuff, it can all be a very fun and rewarding process. However, there are some steps that must be taken to ensure you sell your house for the right price. You must understand what your house is worth, then it's vital to make sure your home is ready to sell. To do this effectively, there are some tips to consider.

Spruce Up the Landscaping

While the inside of the home holds great importance, curb appeal also matters quite a bit for many home shoppers. That being said, sprucing up your landscaping can give your home curb appeal home seekers will love. To do this effectively, we recommend hiring a professional landscaping company. However, you can also do these tasks yourself. Be sure to trim the bushes, mow the lawn and pull those pesky weeds.

Clean the Exterior

As you’re making improvements to your landscaping, you should do some additional cleaning while you’re at it. If the exterior of your home appears dirty, then it may be pretty difficult to land the sale. To clean effectively, using a pressure washer is key. This is a great way to clean those hard to reach areas, and the powerful water blasts can wipe away dirt that has been stuck to your home for years. Also, be sure to clean the gutters and siding.

Complete Repairs

While a dirty exterior can look very bad, damages can look even worse. That being said, making repairs to your home is vital when looking to sell. While you may be hesitant to fix that costly dishwasher, doing so can go a long way as you’re trying to sell your home for its asking price. It's important to put your home in the best condition as possible to increase your chance of a sale.

Get Rid of Odors

If you have a strange stench inside or outside your home, then it’s best to take care of this as soon as possible. A strange odor can make the home seeker believe you have a mold, insect or pest issue, so you’ll want to ensure that these smells are taken care of right away. A good tip here is to invite your friends or neighbors over to do a walkthrough. Since you live in the home, you may be used to the odor; an outside source can fill you in if something smells off.

Make Things Tidy

A dirty home is a leading reason why many home seekers won’t follow through with a purchase. This is mostly due to the fact that clutter can make a space appear smaller than it really is. And when selling your home, you want to make sure that it looks as big as possible. Put away clothes, clean up the counter, and put things in storage if a certain area looks cluttered.

By following the tips outlined in this blog, you can do your best to inch closer and closer to selling your home!





Posted by Brian O誰eil on 7/26/2020

Image by Steve Buissinne from Pixabay

All home sellers understand that there are some costs to selling a home, but not everyone realizes what they're expected to pay for (and how much the total will be). We'll look at the most common expenses and how they might affect your budget. 

Real Estate Agent Fees 

This is probably the first thing that comes to mind if you're selling a home. The standard rule is anywhere between 5 to 6% of the final sale price. Not all sellers will shoulder this cost, but the majority will. So if your home sells for $300,000, you should expect to hand over at least $15,000 to be split between the buyer and seller real estate agents. Please note that commissions can be negotiable, especially if you're selling in a popular neighborhood. 

Prep Work 

While none of these costs are strictly necessary, they can help you get your home ready:

  • Repairs: If you're not planning to sell the house as-is, it's a good idea to spruce up the interior and exterior of the property. Even if you're only buying a few cans of paint and a roller, the costs can add up quickly. 
  • Home inspection: Buyers will typically do their own home inspection, but sellers who go above and beyond can give themselves an edge in a competitive market. If you're going out of your way to buy a home inspection, it can show you have nothing to hide. These inspections cost a few hundred dollars and may reveal structural problems that you were unaware of. 
  • Staging: Arranging your furniture to show off the best of the home can really inspire buyers to view its potential. Whether you dress up your home with cozy touches (e.g., cashmere throws, small bouquets, etc.) or more modern decorations, it can help attract the perfect buyer. 

Additional Fees 

If you're moving out before you sell the house, you'll need to continue paying the utilities. You'll also need to check with your lender as to exactly how much you owe when you pay off the loan. Some lenders will charge prepayment fees upon early termination. You may also be asked to either pay or split the closing costs, especially if you're selling in a buyer's market. This can include anything from the title inspector fees to transfer costs. Finally, you may need to pay capital gains tax if your home skyrocketed in value or any lingering property taxes.

Some sellers end up paying closer to 10% of the total sale price of their home, a figure that can be difficult to swallow for many sellers. It's worth clarifying each cost so you always know what you're paying for.





Posted by Brian O誰eil on 4/26/2020

If you want to help your house stand out to prospective buyers, it may be beneficial to give your residence an exterior makeover. Because if your home boasts outstanding curb appeal, your residence could stir up lots of interest from potential buyers as soon as it becomes available.

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

1. Eliminate Clutter

Lawn gnomes, plastic flamingoes and other home exterior decorations are unlikely to help you sell your residence. In fact, these lawn decorations may prove to be major turn-offs to buyers. However, if you remove home exterior decorations and assorted clutter from outside your home, you could make your residence more attractive than ever before.

Remember, your home only gets one chance to make a positive first impression on a buyer. If you eliminate clutter from outside your house, you can help your house make a great first impression on buyers. And as a result, many buyers could be drawn to your residence when they see it for the first time.

2. Take Care of Your Lawn

Tall grass, weeds and other lawn problems may make it tough for a buyer to fall in love with your house. Fortunately, if you take care of your lawn, you may be able to differentiate your residence from comparable houses in your city or town.

Spend some time mowing the lawn, trimming hedges and removing debris from walkways outside your home. Of course, if you want expert lawn care help, you can always hire a professional landscaping company too.

3. Consider the Buyer's Perspective

How buyers perceive your residence likely will have far-flung effects on your home selling experience. For example, if your home has a pristine lawn and beautiful siding, a buyer may be drawn to your residence. On the other hand, if your home has a messy lawn and damaged siding, a buyer may shy away from your house.

Think about how a buyer may perceive your residence when he or she sees it for the first time. Then, you can prioritize home exterior upgrades and improve your residence's exterior accordingly.

As you prepare to list your residence, you may want to employ a real estate agent as well. This housing market professional will work with you to develop an effective home selling strategy.

Usually, a real estate agent will learn about you and your home selling goals. He or she next will provide recommendations and suggestions so you can upgrade your residence before you list it. Finally, after you list your home, a real estate agent will promote your residence to prospective buyers. And if you receive an offer to purchase your home, a real estate agent will help you make an informed decision about this property buying proposal.

For home sellers, it often is beneficial to upgrade a residence's exterior. If you start home exterior improvement projects today, you can take the first steps to enhance your house and maximize your property sale earnings.




Categories: Uncategorized