Open House. Open House on Sunday, September 1, 2019 2:00PM - 4:00PM Great 1278 SF 2 bdrm private main floor Condo A clean+cozy place to call home.Nice layout for entertaining.Feat:formal dining rm,eat-in kitchen,big living rm,laminate flrs,new carpet in b
Open House. Open House on Saturday, August 17, 2019 2:00PM - 4:00PM Big back yard for great place to spend the outdoor $289,900.1088 SF 4 bedroom,2 bathroom house on a 55x110 ft lot just off Donwood Dr.L shaped living/dining rm,eat-in kitchen,fin.bsmt+dec
Open House. Open House on Sunday, August 18, 2019 2:00PM - 4:00PM 55x110 ft lot,front driveway,big yard,good area! $289,900.1088 SF 4 bedroom,2 bathroom house on a 55x110 ft lot just off Donwood Dr.L shaped living/dining rm,eat-in kitchen,fin.bsmt,deck.We
Open House. Open House on Saturday, August 10, 2019 2:00PM - 4:00PM Victorian style immaculate house in Bunn`s park. Over 2300 SF House with so much attention to valuable detail feat:hardwood floors,granite countertops in updated kitchen,3 season sun room
Open House. Open House on Sunday, August 11, 2019 2:00PM - 4:00PM Great 2348 SF house with lots of extra parking! Over 2300 SF House with so much attention to valuable detail feat:hardwood floors,granite countertops in updated kitchen,3 season sun room,fi
Open House. Open House on Thursday, August 8, 2019 4:00PM - 6:00PM Updated immaculate house with a double garage! Meticulous 872 SF 2 bdrm bungalow feat:hrdwd floors,beautiful yard+deck.Upgrades incl.kitchen,bathroom,paint,furnace,hotwater tank,garage doo
Open House. Open House on Friday, August 9, 2019 4:00PM - 6:00PM Updated immaculate house with a double garage! Meticulous 872 SF 2 bdrm bungalow feat:hrdwd floors,beautiful yard+deck.Upgrades incl.kitchen,bathroom,paint,furnace,hotwater tank,garage door,
Open House. Open House on Saturday, August 10, 2019 11:30PM - 1:30PM Great 2 bdrm unit with a city view+indoor parking Looking to move into Osborne Village close to all the amenities+into a complex with a swimming pool,workout equipment,patio,BBQers,libra
There may be no better time to sell your home than in the summer months. Though spring is usually seen as one of the more brisk homebuying periods, for those selling a home in summer, there are great opportunities to be taken advantage of when the temperature rises.
Whether tax refunds have (finally) been processed, meaning homebuyers have access to capital, or inventory is low when compared to the amount of people buying — or simply the motivation of most homebuyers to lock in a property before school starts in the fall — summer home selling can be one of the most lucrative ventures of your financial life.
But this doesn’t mean one can simply rely on the power of real estate seasonality in the summer to do the heavy lifting or that listing a home in the so-called “best month to sell a home” will have offers rolling in from the get-go.
That’s because getting an offer when selling a home in the summer is not the ultimate goal; getting an offer, at the best price possible, is.
To ensure your property gets discovered in a crowded, frantic — often profitable — market and to help you maximize top dollar for your home, here are three strategies to add to your homebuyer to-do list.
3 Tips For Selling A Home In Summer
1. Showcase The Exterior
There’s no question about it: sprucing up the exterior of a home can do wonders for both a property’s curb appeal, as well as its ability to attract homebuyers. This is even more accurate during the busy summer selling season.
This is, essentially, for two reasons: One, the condition and presentation of a home’s exterior gives would-be homebuyers a snapshot of what the rest of the property is like. (Whether correct or not.) Two, summer is a time when outdoor living areas get their most use. Having a clearly-defined outdoor entertaining space can be a real boon to your selling efforts.
Here are a couple of tips to help you maximize the exterior of your house when showing it:
- Trim and manicure: Be sure to mow the lawn, trim the shrubs, and water the plants and lawn to give a vibrant, clean look. Also look at other outdoor areas, such as driveways and exterior doors, that might need a going-over to bring your exterior up to standard.
- Highlight outdoor living areas: Do you have an outdoor BBQ or pool or some kind of patio/deck on the premises? Stage them in a way that lets prospective homebuyers envision themselves making memories in this space.
- Add outdoor living area space: You may not have the time or budget for this, but if you do want to inject some profit potential into your property, adding something like a fire pit or revamped deck can often do wonders for your bottom line.
2. Keep Things Cool
With the sunshine and dry weather of summer also comes, depending on where you live, a fair amount of heat and humidity. It’s vitally important you keep your home as comfortable and inviting as possible for homebuyers that come over for a viewing.
Often this means thinking about things from a homebuyer perspective. What would make you comfortable if you had been traipsing around town all day, in the heat, looking at properties? A couple of things you might want to include:
- Keep the A/C running: Yes, air conditioning can run up the energy bill considerably, but when staging a property, it’s important to think about a return on your money and ensure your home is cool and comfortable. Will a couple hundred dollars spent now be worth thousands of dollars later in the form of an offer? That’s usually the case.
- But not too cold: You want your home to be cool and comfortable, not colder than the Arctic and having homebuyers reaching for the sweater. Find a middle ground and keep the thermostat set for a comfortable temperature.
- Have refreshments ready: A pitcher of iced tea and snacks isn’t just something for realtors to set out. As a seller having these “stand-bys” at the ready can make a great (and eventually lucrative) impression on homebuyers.
3. Price It Right
Many folks selling a home in summer believe, and rightfully so, that summer is a great time tosell a home. With many more buyers than the available inventory can support, they reason that listing their property with a high starting price (and wait for the negotiations to begin) is the best approach to selling a house.
Unfortunately, this ignores one of the cardinal rules of real estate: the longer a property sits on the market, the more buyers begin to “wonder” what’s wrong with it? Rightly or wrongly, buyers — and the agents that represent them — see listings that have been on the market for multiple months as flawed.
The key is to price your home right, from the beginning. (Your real estate agent can help you with this.) Don’t worry, in a competitive market — and with the right price — you’ll often get offers above the listing price. But this is impossible to do if you price yourself out of a market, from the beginning, in the hopes that you get that stratospheric amount you’ve been dreaming about.
Hook, Line & Sinker
Selling a home in summer can be one of the most satisfying, if not life-changing, things you can do. But it requires more than simply putting a “for sale” sign in the front yard and waiting for the offers to flood in.
It’s your job when when selling your home to ensure your property is clean, fresh, comfortable — and priced realistically — to ensure that homebuyers can picture themselves living in your abode. Not focusing on what may or may not be wrong with your home.
Protecting your Home Gadgets from Hacking
Imagine your coffee maker switching on by itself, staying on for hours, overheating and becoming a fire hazard. That's not science fiction. As more and more appliances incorporate WIFI, the opportunities for hackers to play havoc with your home gadgets increase. How do you prevent that from happening? Here are some safety tips:
• If your gadget uses a password to access the settings, change that password frequently. Ideally, change it once every 3 months. • Some gadgets, such as alarm systems, come with their own connection to the internet. Learn how to turn that connection off if it becomes necessary to do so.
• Don't leave an internet-connected appliance or other gadget on constantly unless it’s necessary. For example, you don't need your home speaker system connected to your digital music providers all the time.
• Baby monitors with video are a common target for hackers. Use a password unique to that device and change it often. Never leave the monitor on when not in use.
• Never share passwords with anyone unless it is absolutely necessary. Most home WIFI systems have a "guest" feature with a separate password and limited access. Use it.
In this age of internet connectivity — from coffee makers to stereos and even washing machines — it's smart to play it safe.
Know what's connected and protect yourself.
The 4 Ps to Maximizing your Selling Price
When you sell, you’ll probably want to get the best possible price for your property. Who wouldn’t? Unfortunately, there are many ways to inadvertently leave money on the table – sometimes thousands of dollars.
How do you avoid that possibility?
Just remember the 4 Ps:
• Prep. Do everything you can to prepare your home so that it looks great to buyers. Clean, declutter, fix, make improvements. Home staging can also help. In fact, effectively staged homes have been shown to sell for up to 5% more than comparable unstaged properties.
• Price. Set the right asking price. That’s crucial. If it's too low, you'll attract only deal-hunters — and you might end up getting less than you should. If the asking price is too high, however, you'll discourage those buyers who might otherwise be interested and willing to make a good offer. Be careful with pricing!
• Promotion. There may be qualified buyers out there who would be eager to see your property. But, they need to find out about your listing and the great features of your home first! Reaching these buyers requires more than merely profiling the listing on the MLS. Homes that sell for top dollar often have strong marketing — directed to the right buyers.
• Proposal. Once an offer comes in, there may be an opportunity to negotiate with the buyer to maximize the final price you get. This requires deep knowledge of the local market as well as street-smart negotiation skills. If done effectively, these negotiations can help put more money in your pocket.
These four Ps are easy to remember, but sometimes not so easy to implement! That's why working with a great real estate agent is so important.
Contact me to get the conversation started.