Wanda J. Hall - Westford Real Estate



Posted by Wanda J. Hall on 9/17/2018

Ready to sell your condo? As a first-time condo seller, it sometimes can be tough to streamline the process of finding interested property buyers and getting the best price for your residence.

Fortunately, we're here to help you simplify the process of selling your condo.

Here are three tips that every first-time condo seller needs to know.

1. Check Out the Prices of Comparable Condos

When you price your condo, it is important to set realistic expectations from the get-go. And if you ask too much for your property, it may linger on the real estate market for an extended period of time.

On the other hand, an informed condo seller will have real estate market data that he or she can use to gain an advantage over the competition.

How does your condo stack up against similar properties? Perform an in-depth assessment of the competition, and you'll be able to price your condo accordingly.

Check out the prices of recently sold and currently available condos. By doing so, you can better understand how to price your condo competitively.

Also, spend some time performing assorted condo interior and exterior repairs before you add your property to the real estate market. This will allow you to boost your condo's appearance both inside and out and make your property an appealing choice to condo buyers.

2. Conduct a Property Appraisal

Hire a property appraiser to inspect your condo. That way, you can receive expert insights into your condo's strengths and weaknesses.

During a condo evaluation, a property appraiser will review all aspects of a property. He or she then will provide you with an in-depth report that you can use to understand potential problem areas with your condo.

A property appraisal is a valuable learning opportunity, and you should try to make the most of it.

Choose a property appraiser with condo experience. This professional will be able to take a close look at your condo and help you prioritize potential repairs.

In addition, review a property appraiser's findings closely. This information will help you determine the best ways to enhance your condo and ensure it can stand out from the competition.

3. Work with a Real Estate Agent

When it comes to selling your condo, it is always a good idea to work with a real estate agent.

Hiring a real estate agent with condo experience is a must, particularly for a first-time condo seller. This real estate professional will teach you about the ins and outs of the housing market and help you promote your condo to the right groups of property buyers.

A real estate agent will set up condo showings and open houses and negotiate with condo buyers on your behalf. Plus, he or she will offer honest, unbiased condo selling recommendations to help you get the best price for your property.

Don't leave anything to chance as you get ready to sell your condo. Take advantage of the aforementioned tips, and you can accelerate the process of selling your condo.




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Posted by Wanda J. Hall on 8/27/2018

As a first-time home seller, it can be difficult to determine exactly what you need to do to prep your house for the real estate market. Lucky for you, we're here to teach you what it takes to sell a house in any real estate market, at any time.

Now, let's take a look at three important questions that every first-time home seller needs to consider:

1. Am I ready to sell my house?

For many first-time home sellers, the answer to this question is a resounding "No," and perhaps it is easy to understand why.

Adding a home to the real estate market requires home sellers to conduct plenty of real estate research. By doing so, a first-time home seller can determine how his or her house stacks up against comparable residences that are currently available.

Also, it may prove to be worthwhile to complete a home appraisal. This assessment will enable you to identify your house's strengths and weaknesses and complete any property repairs immediately.

2. After I sell my house, where will I go?

It is important for a first-time home seller to think about the big picture. Thus, you'll need to consider where you'll go after you sell your residence.

If you think about where you'd like to relocate, you can start planning accordingly. In fact, you can establish a home selling timeline and find ways to make the most of the time and resources available to you.

In addition, if you need to relocate as soon as possible, this may have far-flung effects on how you market your residence.

A home seller who needs to move right away may be more likely that others to list his or her house at a below-average price. On the other hand, a home seller who can afford to be patient can wait out the real estate market if necessary.

3. What should I expect when my home hits the real estate market?

Unfortunately, the housing market offers no guarantees. This means a dedicated first-time home seller who goes above and beyond the call of duty to prepare a home may watch his or her house linger on the real estate market for months. On the other hand, a home seller who does minimal prep work may watch his or her house sell immediately.

When it comes to getting ready to add your house to the real estate market, there is no reason to leave anything to chance. With an expert real estate agent at your side, you can boost your chances of getting the best results during the home selling journey.

An expert real estate agent can answer any questions that you may have about selling your house. Plus, he or she will help you list your residence, promote it to potential property buyers and set up home showings and open houses.

Ready to add your house to the real estate market? Use the aforementioned tips, and any first-time home seller can seamlessly navigate the home selling process.




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Posted by Wanda J. Hall on 7/16/2018

Although you might have a home selling timeline in place, there may be instances where changes to your plan are required. These include:

1. You are listing your home in a buyer's market.

If you add your house to a buyer's market, you likely will face lots of competition from rival home sellers. As such, it may be difficult to enjoy a fast, profitable home selling experience if you fail to promote your residence accordingly.

To succeed in a buyer's market, you'll need to be patient. But if you can find ways to differentiate your house from the competition, you could maximize your home sale earnings.

Oftentimes, it helps to revamp a house's curb appeal. By mowing the front lawn and performing various home exterior improvements, you can help your house make a positive first impression on potential buyers.

You also should spend some time removing clutter from inside your house. That way, you can make it easy for buyers to envision what life may be like if they purchase your home.

2. You are struggling to stir up interest in your house.

After you add your house to the real estate market, it may be several weeks or months before a buyer submits an offer to purchase your residence. And if you're committed to optimizing the value of your house, it is important to wait for the right offer before you finalize your house sale.

If your home initially fails to stir up interest among buyers, there is no need to worry. In fact, there are many things that you can do to ensure your house hits the mark with buyers.

Generally, it is a good idea to establish an aggressive initial home asking price. This price should account for your house's condition, age and the current state of the real estate market.

It typically is beneficial to consider the homebuyer's perspective as well. Because if you understand why a buyer may be interested in your house, you could discover ways to help you house stand out in a competitive real estate market.

3. You have yet to hire a real estate agent.

Finding a real estate agent who can help you sell your house is key. Yet if you fail to employ an expert real estate agent right away, it may be difficult to enjoy a quick, seamless home selling experience.

Real estate agents are available in cities and towns nationwide, and these housing market professionals are happy to assist you in any way possible. If you need a real estate agent who can help you list your house and promote it to dozens of potential buyers, you should have no trouble finding an agent who matches or surpasses your expectations. Or, if you want to find a real estate agent who can offer tips throughout the home selling journey, you can choose from many potential candidates in your area.

Remember, be flexible as you proceed along the home selling journey, and you can increase the likelihood of achieving the best-possible results.




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Posted by Wanda J. Hall on 6/25/2018

If this is your first time selling a home, you might not be familiar with the costs associated with selling. Lenders and agents help to make this process as simple as possible for both the buyer and seller. However, itís still a good idea to know what to expect to pay for selling your home, as it seems counter-intuitive that you would have to pay to sell something.

Due to the consolidation of costs by lenders, it can be easy to glaze over the list of closing expenses without fully knowing what they mean. But since many fees can be negotiated, it pays to learn the ins and outs of closing costs.

Whether youíre selling your home soon or just want to brush up on real estate processes, this article will give you a better understanding of closing costs from the perspective of a seller.

Closing costs

Buyers typically pay the majority of the closing costs associated with purchasing a home. However, there are some closing costs that buyers are at least partially responsible for.

Notary fees, expenses from escrow, and title insurance are all likely costs youíll have to dish out before closing.

Agent fees

Real estate agents typically earn a commission on selling a house. The work they put in saves you in several ways. First, you donít have to pay for all of the marketing expenses associated with selling a home. This includes photography, sign-making, and online listings.

Agents can save you in other ways, as well. Theyíll help you price your home effectively, negotiate prices, and take care of the time-intensive process of showing your house. You wonít want to have to take time off from work to try to DIY these steps.

Taxes

Since youíve likely owned your home for a while now, youíre familiar with paying property taxes. If you pay taxes yearly and are moving toward the end of your pay cycle, youíll have to pay a prorated rate for the amount of time youíve lived in the home that year.

The burden is also yours for any remaining HOA fees and state transfer taxes. Not every state charges transfer taxes so be sure to check the cost for your state.

Moving costs

Moving can be an expensive endeavor. Aside from hiring movers, renting vans, or buying boxes, there are a number of expenses we donít often think of when preparing to move.

First, it will take you a while to get your new home set up. That means you should be prepared to eat out for a while until you get settled.

On top of that, thereís also the matter of having to take days off from work, which can be costly in its own right.

Those are some of the most common expenses a buyer has to worry about during closing. Your real estate agent will be able to give you a comprehensive rundown of costs and help you find the best agreement.





Posted by Wanda J. Hall on 3/12/2018

Every home seller wants to enjoy a positive property selling experience. Yet ensuring your home selling strategy goes according to plan may be difficult, particularly for a seller who lacks property selling expertise. Lucky for you, we're here to provide the help you need to achieve the optimal results at each stage of the home selling journey.

Now, let's take a look at three tips to help you reap the benefits of a positive home selling experience.

1. Set an Aggressive Initial Home Asking Price

How you price your home will have a significant impact on how quickly your residence sells. If you establish an aggressive initial home asking price, you should have no trouble stirring up plenty of interest in your residence as soon as your home becomes available.

Check out the prices of available houses in your area that are similar to your own residence. Then, you can establish a price range for homes in your area and price your house accordingly.

Furthermore, it often helps to evaluate the prices of recently sold houses in your city or town. With this housing market data at your disposal, you can find out whether you're getting ready to sell your home in a buyer's or seller's market.

2. Remove Clutter

Clutter is problematic, particularly for a home seller who wants to streamline the property selling cycle. Fortunately, home sellers who identify clutter now can eliminate this problem before they list their houses.

Antiques, paintings and other excess items inside your home should be removed. You can always rent a storage unit, which will enable you to keep these items safe until you sell your house. Or, you can host a yard sale or sell excess items online prior to listing your residence.

Don't forget to remove lawn decorations and other clutter from outside your house as well. By doing so, you can instantly improve your house's curb appeal and increase the likelihood of a fast, profitable home sale.

3. Consult with a Real Estate Agent

A real estate agent is prepared to do everything possible to ensure you can enjoy a positive house selling experience. In fact, this housing market professional will offer plenty of support at each stage of the home selling journey.

Usually, a real estate agent will meet with you before you list your house. He or she then will craft a home selling strategy designed to help you accomplish your home selling goals. Next, a real estate agent will promote your house to dozens of potential buyers, set up home showings and open house events and keep you up to date about any offers to purchase your residence. And if you decide to accept an homebuying proposal, a real estate agent will guide you through the home closing process.

Ready to reap the benefits of a positive home selling experience? Take advantage of the aforementioned tips, and you can seamlessly navigate the home selling journey.




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