Susan & Brian Dicks - ERA Key Realty Services



Posted by Susan & Brian Dicks on 10/30/2019

As a home seller, receiving the first offer on your residence can be an exciting experience. However, the initial offer on your home may prove to be insufficient for a number of reasons, including:

1. The offer fails to meet your expectations.

Ideally, a home seller will allocate the necessary time and resources to fully analyze a house before adding it to the real estate market. This will enable a home seller to establish realistic expectations for his or her house and price it accordingly.

Conducting a home appraisal offers a great starting point for a home seller to determine the true value of a residence. This appraisal ensures a home inspector will examine a residence's interior and exterior. Then, the inspector will provide a report that details a house's strengths and weaknesses.

With a home appraisal report in hand, a home seller should have no trouble establishing a "fair" price for his or her residence. And if an initial offer falls short of this price, a home seller can politely decline the proposal and wait for additional offers.

2. The homebuyer has submitted a "lowball" proposal.

In some instances, a homebuyer may submit a "lowball" offer in the hopes of acquiring a terrific house at a budget-friendly price. If a home seller cannot differentiate between a reasonable offer and a lowball proposal, he or she risks missing out on an opportunity to optimize the value of a residence.

An informed home seller should examine the prices of available houses that are similar to his or her own. By doing so, this property seller can see how his or her residence stacks up against the competition and map out the home selling journey accordingly.

Moreover, an informed home seller will mow the front lawn, trim the hedges and do whatever it takes to enhance a house's curb appeal. This home seller likely understands the importance of making a positive first impression on homebuyers, and as a result, will perform assorted home exterior improvements to help reduce the risk of receiving a lowball initial offer.

3. The offer does not correspond to the current state of the housing market.

For a home seller, it is essential to work with a real estate agent who can provide full details about the current state of the housing market.

A real estate agent can help a home seller differentiate between a buyer's market and a seller's market. Plus, this housing market professional can provide honest, unbiased recommendations about whether a home seller should decline an initial offer on a home.

Many real estate agents are available in cities and towns nationwide, and these housing market experts are happy to help home sellers in any way they can. If you employ a real estate agent before you list your home, you can reap the benefits of unparalleled guidance at each stage of the home selling journey.

There is no reason to settle for a subpar initial offer on your residence. Instead, consider a first offer closely, and you can make an informed decision about whether to decline or accept it.




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Posted by Susan & Brian Dicks on 8/28/2019

Want to sell your residence? As a home seller, you'll want to take a cautious approach to the real estate market. That way, you can improve your chances of getting the best price for your residence, regardless of the current housing market's conditions.

Ultimately, there are many reasons why home sellers should err on the side of caution as they prepare to add their houses to the real estate market, including:

1. The housing market constantly fluctuates.

For home sellers, it is important to differentiate between a seller's market and a buyer's market. By doing so, a home seller can assess the current housing market and proceed accordingly.

In a seller's market, there is usually a shortage of high-end houses and an abundance of interested homebuyers. This means home sellers who operate in a seller's market may be more likely to stir up plenty of interest in their houses as soon as these properties become available.

Conversely, a buyer's market typically favors homebuyers, as it features a limited number of homebuyers and a wide range of home sellers. If you're selling your home in a seller's market, you'll likely need to price it competitively to help your residence stand out from the competition.

Allocating the necessary time and resources to analyze the housing market is key. With housing market data in hand, a home seller can determine whether he or she is getting ready to list a house in a buyer's or seller's market.

2. What your home was worth yesterday is unlikely to match what it is worth today.

The price that a home seller initially paid for a residence is unlikely to match what the house is worth today. Thus, a home seller should perform a home appraisal to learn about the present value of his or her residence.

During a home appraisal, a property inspector will assess a house both inside and out. Then, the property inspector will identify any problem areas with a house that could negatively affect the residence's value.

A home appraisal is exceedingly valuable to home sellers. It enables them to understand a house's strengths and weaknesses as well as uncover ways to transform a home's weaknesses into strengths. As a result, a home seller can use a home appraisal as a learning opportunity and find innovative ways to enhance a residence before adding it to the real estate market.

3. Homebuyers are always on the lookout for bargains.

Although a home seller will do everything possible to learn about the housing market, there is always the danger that a homebuyer will submit a "lowball" offer on a house. Conversely, a home seller who errs on the side of caution will be able to differentiate between a legitimate offer and a lowball one time and time again.

Lastly, if you need extra help as you get ready to sell your house, don't hesitate to work with a local real estate agent.

Real estate agents are available in cities and towns nationwide. They can help you get your house ready for the real estate market and ensure you can reap the benefits of a quick, seamless home selling experience.

Become a cautious home seller, and you can move one step closer to maximizing the value of your house.




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Posted by Susan & Brian Dicks on 8/21/2019

How a home seller approaches the real estate market may dictate his or her success. For example, if a seller allocates time and resources to learn about the property selling journey, he or she may be able to plan ahead and sell a house in a single day. On the other hand, a seller who fails to showcase his or her residence to the right groups of potential buyers may struggle to achieve the optimal results.

As a home seller, it is essential to do whatever it takes to streamline the property selling journey. Now, let's take a look at three tips to help you speed up the home selling journey so you can accomplish your desired property selling goals faster than ever before.

1. Improve Your House's Curb Appeal

Curb appeal is a key tenet of the home selling journey. If your home has amazing curb appeal, it likely will generate lots of interest from prospective buyers. As a result, your house may stand out from similar properties in your city or town, and you could accelerate the property selling journey.

To enhance your home's curb appeal, you should repair any damaged siding, mow the lawn and conduct assorted home exterior upgrades. If you need help with home exterior improvements, you can always hire professional contractors as well.

2. Eliminate Clutter

Let's face it clutter is a problem that can be tough for home sellers to eliminate. Yet a seller who spends time removing antiques, paintings and other clutter can make it easy for buyers to envision what life may be like if they purchase a residence. As such, sellers should devote time to eliminate clutter so they can show off the true size and beauty of their houses.

Sometimes, it helps to rent a storage unit prior to listing a residence. A storage unit allows a home seller to safely store various personal belongings until his or her house sells. Then, this individual can move his or her personal belongings from a storage unit to a new residence.

3. Hire a Real Estate Agent

A real estate agent is willing to do whatever it takes to help you seamlessly navigate the house selling journey. He or she will promote your residence to prospective buyers, offer tips and guidance during the home selling journey and much more. By doing so, a real estate agent will help you get the best-possible results during the home selling journey.

Let's not forget about the support that a real estate agent provides as you determine whether to accept or reject an offer to purchase your home, either. At this point, a real estate agent will provide an honest, unbiased recommendation about how to proceed with a homebuying proposal. He or she also is happy to negotiate with a buyer's agent on your behalf to help you maximize the value of your home sale.

Want to streamline the home selling process? Use the aforementioned tips, and you can boost your chances of enjoying a fast, profitable home selling experience.




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Posted by Susan & Brian Dicks on 7/24/2019

The home selling journey sometimes is filled with hurdles that make it tough for an individual to optimize his or her property sale earnings. Fortunately, there are several shortcuts that a home seller can take to boost the likelihood of enjoying a profitable property selling experience. These shortcuts include:

1. Hire a Home Cleaning Company

A home cleaning company can help you transform your house's interior from drab to fab. That way, this company can help you clean your home from top to bottom and ensure buyers can fall in love with your residence as soon as they walk through the front door.

Of course, not all home cleaning companies are created equal, so you'll want to research local options. If you allocate time and resources to assess the home cleaning companies in your area, you can find a business that provides quality services at a budget-friendly price.

2. Employ a Professional Landscaper

If your lawn is filled with high grass and weeds, it may be tough to alleviate these issues on your own. Thankfully, professional landscapers are available in cities and towns nationwide. With a professional landscaper at your side, you can get the help you need to bolster your house's curb appeal.

Remember, your home only gets one chance to make a positive first impression on prospective buyers. If you hire a professional landscaper to mow the lawn, trim the hedges and perform other lawn care tasks, you can quickly and effortlessly improve your residence's curb appeal. And as a result, your home will make a distinct impression on prospective buyers, which may lead to a fast, profitable home sale down the line.

3. Collaborate with a Real Estate Agent

A real estate agent understands the ins and outs of selling a home and is happy to share his or her housing market expertise with you. By doing so, a real estate agent will help you enjoy a seamless property selling experience.

Typically, a real estate agent will learn about you and your home selling goals and craft a personalized property selling strategy for you. A real estate agent next will promote your residence to buyers, along with host home showings and open house events. Then, if a buyer submits an offer to purchase your residence, a real estate agent will help you analyze this proposal and determine how to proceed.

Let's not forget about the comprehensive support that a real estate agent provides throughout the home selling journey, either. If you ever have concerns at any point during the home selling journey, a real estate agent is available to respond to them. He or she will help you make informed home selling decisions, and ultimately, achieve your desired results.

For home sellers who want to remove the guesswork commonly associated with the property selling journey, there is no need to worry. By using the aforementioned shortcuts, a home seller can streamline the process of selling his or her house.




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Posted by Susan & Brian Dicks on 5/22/2019

Ready to add your residence to the real estate market? A home appraisal may prove to be a great first step.

With a home appraisal, you'll be able to understand the true value of your house. This comprehensive home assessment enables an expert home appraiser to evaluate every room in your home. Then, a home appraiser will provide details about your home's strengths and weaknesses.

Ultimately, there are many questions for a home seller to consider after a home appraisal is completed, including:

1. What did the home appraiser discover during the evaluation?

A home appraiser boasts in-depth home maintenance knowledge and insights. As such, this professional will do everything possible to identify problem areas with you home that you can repair before you add your residence to the housing market.

Consider the results of a home appraisal closely. By doing so, you can understand your home's strengths and weaknesses and search for ways to transform your house's weaknesses into strengths.

Also, it is important to establish realistic expectations for your residence after a home appraisal.

If a home appraiser discovers myriad problems with your residence, there is no need to worry. You can always repair these issues on your own or hire home maintenance professionals for extra help.

Or, if you decide not to complete home repairs following a home inspection, you should price your residence accordingly. That way, you can be honest with homebuyers about the pros and cons associated with your home and enable these homebuyers to make informed decisions about your residence.

2. Are there major or minor problems with my house?

What differentiates a major home problem from a minor one? The time and resources required to fix a problem often serve as key indicators about whether an issue can cause major headaches over an extended period of time.

For example, an oven light that has gone out can be replaced quickly and effortlessly. On the other hand, your home's obsolete, inefficient furnace may require thousands of dollars to replace.

Simple home improvements can make a world of difference in homebuyers' eyes. Following a home inspection, you may be able to find a variety of quick, easy and effective home improvement tasks that you can complete to enhance your home's appeal.

Be prepared to complete major home improvement projects as well. Remember, if you finish assorted home improvement tasks now, you may be able to help your residence stand out in a highly competitive real estate market down the line.

3. Which home repairs should I prioritize?

Home repairs should help you maximize the value of your residence. Therefore, you should prioritize home maintenance projects that will help you transform your ordinary residence into an exceptional one.

If you need help to determine which home repairs to prioritize, don't forget that a real estate agent may help you do just that. This real estate professional will work with you throughout the home selling process and ensure you can enhance your residence both inside and out.




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