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.
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.
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.
One of the challenges of selling a home is surviving showings, especially if you’re living in your house. Your real estate agent is going to schedule a fair amount of private showings. You always need to be ready. Here are four tips for managing showings:
- Ask for advance notice – Tell your agent that you need as much advance notice as possible so you can prepare. Cluttered countertops and sinks, unmade beds, and floor debris are turn-offs for potential buyers when selling a home.
- Keep valuables locked away – Go through your home and remove valuable items. Lock these “treasures” away rather than leave them out. This applies to small items showcased throughout the house and especially jewelry. The chances are minimal anyone will steal anything, but you don’t want to risk it.
- Keep your home clean every day – Because you may not have a whole lot of notice when a private showing is scheduled, try to keep your home clean at all times. One way is to limit your living space; make certain rooms and areas “off-limits.”
- Leave during a showing – You should plan to leave your home when a showing is scheduled. Homeowners that hang around can make the showing awkward for potential buyers as well as real estate professionals. Buyers might have enough trouble imagining themselves living in your furnished, decorated-for-you house, especially if they see you living there while they’re looking.
You can lessen the stress of showing a home by following these tips. For more advice about selling your home in today’s market, contact Randy Lindsay sales professionals.
When selling a home, the buyer will schedule a home inspection to evaluate its condition. If the inspection reveals serious issues – major repairs or replacements – the buyer can back out of the offer-to-purchase contract.
Because a home inspection is standard, you should prepare for it to ensure it goes as smoothly as possible:
- Check for issues yourself – You should make repairs where necessary before the home inspection takes place to avoid delaying the closing. Check the roof for missing tiles. Make sure all fixtures and appliances are working properly, replace light bulbs where needed, look for leaks, and take care of any bug problems.
- Clean the house – While an inspector won’t “punish” you for having a dirty house, it can leave the impression that you don’t take care of your property.
- Clear the perimeter of the property – The inspector is going to inspect the outside of your house, so clear the perimeter for easy access.
- Connect utilities – You’ll want to make sure all of your utilities are connected so the inspector can check lights, appliances, and HVAC (heating, ventilation, air conditioning) units.
- Make access easy – Ensure your home is easily accessible for the inspector. If the entry to the attic or the basement is blocked because of clutter, it looks bad on your part.
These are just a few tips for preparing your property for a professional home inspection. For more information about what a professional inspection entails or for tips on selling a home in general, be sure to contact us at Randy Lindsay today.
Homebuyers typically use real estate agents to help them find homes that fit their personal and budgetary needs. And if you’re selling a house, you should use an agent too. Some homeowners don’t think they need a seller’s agent. How hard is it to sell a house?
A seller’s agent provides services that are invaluable. Here are three things you should know about seller’s agents:
- They can help you find motivated buyers – Finding buyers can be more challenging than you might think. Simply listing your house may generate shopping interest, but not market-driven buyers. Seller’s agents have relationships with other agents in the area, which means that they can find motivated buyers to send your way.
- They can help you price your home accurately – Seller’s agents are familiar with local real estate markets. They use comps (similar houses that recently sold in your area) to determine demand and appropriate pricing. By not pricing your home correctly, you could lose money (if priced too low) or have a lot of difficulties attracting potential buyers (if priced too high).
- They can help you save time – Selling a house takes a lot of time and effort. A seller’s agent can help you save time by listing your house for you, scheduling open houses and walk-throughs on your behalf, guiding you through the paperwork process, and much more.
Selling a house is a lot more challenging than you might think. A seller’s agent will help guide you through the entire process to make it go as smoothly as possible and to help you sell your home quickly at the right price.