Home staging involves adding furniture and décor to make a house appear as if it’s “lived-in.” Especially if you’ve already moved out of the house you’re selling, you might wonder whether it’s worth the effort to stage it.
It seems like a lot of trouble to go through, but there are many benefits to home staging. The following are 3 reasons why you should stage your home when selling it:
1. Staging gives buyers a better idea of the space
Much of the time, it’s difficult to judge exactly how big a room is, even when you’re walking around in it. When a home is staged, buyers can see how each room will look when it’s completely furnished. What may have seemed like a too-small bedroom may appear a lot bigger when there’s a bed in the room.
2. Staging makes the home more inviting
Walking through an empty house feels…cold. When a buyer walks through a house that has been staged, the house feels more welcoming, and this can impact their first impression. It also helps buyers “see” themselves living in the home. This can be challenging for buyers if the house is empty.
3. Staging maximizes a home’s potential
Staging a house allows you to showcase each room and its function. Additionally, it can help buyers imagine what their own furniture will look like inside the home. It allows them to see the potential of the space.
Home staging is beneficial and can help you sell your home faster. For home staging, selling, or home-buying tips, contact us at Randy Lindsay today.
As you can imagine, long-distance house hunting can be very challenging. It’s difficult to get a “feel” for certain neighborhoods or to casually drive-by homes for sale if you’re in a different city or state.
Many homebuyers have no choice. Perhaps you were transferred or took a new job in a different state and your relocation is time-sensitive. You must find a house as quickly as possible.
Here are four tips to effectively house-hunt from far away:
- Identify your needs – Figure out what your wants and needs are (Three bedrooms, 2 full baths, large backyard, etc.). Your agent can help find homes for sale that meet those wants and needs.
- Research the area – Do as much investigation on the community and neighborhoods in that area. This can give you a better idea of desirable locales.
- Use a local real estate agent – Find an agent in the area in which you plan to move. A local agent can answer any questions about the area and provide knowledge-based real estate guidance.
- Plan a visit – Plan a visit to explore the area and meet with your agent. Your real estate agent should be able to schedule showings to homes that meet your needs and are within your budget.
If you’re house hunting in the Charlotte area, contact us at Randy Lindsay today. We can share professional advice concerning the local real estate market.
Deciding to sell your home is a big decision to make. Selling a home is rarely an easy process, either. Because of this, home sellers should understand a few things before they officially put their house up for sale.
Here are three important things all home sellers need to know:
- Don’t make the mistake of assuming your home’s value has automatically appreciated over the years. Your home improvements may – or may not – have added to its value.
The local market dictates how much your house is worth. If you’re selling during a buyer’s market, it may be slow to sell and you may not get the price you want. During a seller’s market, you may get bids from multiple buyers.
- Pricing appropriately is critical. Pricing too low will lose money while pricing too high can chase potential buyers away. If your house sits on the market too long, it can decrease in value. A professional real estate agent can help you determine a price value for your home.
- You must prepare your home for sale. This means you may need to invest in repairs and renovations while also staging the house for showings. The house must be in the best condition possible or else you risk leaving a poor first impression with interested buyers.
These are three of the most important things home sellers need to know before they list their houses. If you’ve decided to sell your home, contact us at Randy Lindsay for professional real estate advice.
Buying a home is a decision you shouldn’t take lightly. If you’ve decided to buy a home, odds are you believe you’re financially capable of doing so (perhaps with the help of a home loan). A home purchase is one of the biggest investments you’ll ever make, so you’ll want the best deal possible on the house in which you plan to live. When you decide to buy a home – timing – can impact how much you end up spending. Here are a few tips for the best time to buy a home:
When it’s a buyer’s market
A buyer’s market occurs when there are more houses for sale in an area than there are buyers in that area. This means sellers are competing against each other and are less likely to have multiple buyers bidding against one another.
If you’re a buyer in a buyer’s market, you’re going to have more room to negotiate. However, if you’re a buyer in a seller’s market, the seller will likely receive more interest from multiple buyers. This gives you less room to negotiate and potentially forces you to bid against another buyer.
End of summer and during fall
The spring and summer months are considered the peak selling seasons. Sellers list their homes for sale right when the weather improves and buyers begin going house-hunting. Sellers who haven’t sold by the end of summer may be getting desperate, which means you’ll have an edge when it comes to negotiations.
Knowing when to buy can make it easier to negotiate and can result in lower prices. Reach out to Randy Lindsay real estate professionals for more advice for buying a home today.
When selling a home, you’re likely to get a bid from a potential buyer planning to use a home loan to cover the cost of the property. That buyer will provide a down payment in cash, then a lender will cover the rest of the price. While most buyers will use a home loan to purchase your house, some buyers may make a cash offer.
What Does It Mean to Get A ‘Cash Offer?’
If you receive a cash offer, it means the buyer is capable of paying for the house using cash instead of financing. Buyers will pay using a cashier’s check or electronic transfer. There are two benefits to getting a cash offer versus a normal offer:
- The buyer has the money – Buyers that make a cash offer have the money required to make the purchase. Many buyers haven’t actually applied for a mortgage (pre-approval). This means once you accept an offer, they need to be approved by their lender. If they’re not approved, the deal falls through and you’ve gotten your hopes up and wasted time.
- The closing time is shorter – Because a lender is not involved in the purchase, the closing time can be much shorter. It can take as few as two weeks to close if a cash offer has been made.
Keep in mind you’ll need to verify the proof of funds. Usually, the buyer will be required to provide 1%-2% of the price as earnest money along with bank statements or investment statements.
A professional real estate agent can help guide you through the process of accepting a cash offer. If you’re selling a home, contact us at Randy Lindsay for more real estate advice.