If you're thinking of selling your home, you've probably thought about holding an open house. Open houses are a popular way for real estate agents to promote properties to potential buyers. However, the question remains: do open houses work?
In this article, we'll examine the effectiveness of open houses as a sales strategy. We'll weigh the pros and cons, evaluate their success rates, and offer alternative options. Furthermore, we'll share our experiences and provide valuable insights.
Whether a homeowner or an agent, this article will help you determine if open houses are an effective tool for you.
Selling your house can be an exciting but nerve-wracking experience. Naturally, you want to get the most money possible for your home. But what if the appraisal comes back lower than expected?
This is a common concern that can cause headaches for both the seller and buyer. It could potentially delay the closing or even cause the sale to fall through.
However, a low appraisal doesn't have to be a dealbreaker. In fact, it happens more often than you might think. That's why it's crucial to be prepared if you're selling your house.
So we'll cover the basics of home appraisals and the factors that can impact the value of your property. We'll also delve into some of the common reasons appraisals come in low and offer tips on...
Ten Reasons to Use a Realtor to Sell Your Home
There are many options available to you when selling your home. The first step of the home-selling process involves choosing the best option for you. To sell your home, you don't necessarily need to hire a realtor. This is often the first question homeowners ask.
For sale by owner (FSBO), is a popular option for sellers because they can save thousands on their realtor fees. It's great to save money, but you might not be able to sell your house if you don't have the time or you haven’t sold it before.
The seller must avoid falling for common real-estate pitfalls. A seller should conduct extensive research about the market and manage all paperwork, negotiations and timelines. A single mistake can cost you a lot.
One could not have predicted that a global pandemic might be the catalyst for one the largest upswings in real estate history. And yet, we find ourselves in possibly the biggest seller’s market of our lifetime.
Many Americans saw the need for changes at home as their houses transformed into offices, classrooms, and sanctuaries. This hyper-focus, combined with record low mortgage rates, inspired many buyers to enter the market -- far more than the inventory of homes.
Even with the rising demand for homes, sellers in a seller's marketplace should still do their research to ensure that they sell their home at the highest possible price. We'll...
2020 was a year for the books, and while we are working to get back to normal in 2021, it can be a difficult decision to buy or sell a home in these uncertain times. If you were reluctant to become a homeowner before, you are likely even more so now. If you wanted to sell your home, you may have even decided to wait.
Despite the times, it may still be a great time to purchase or sell your home! Here’s why.
There’s not as much competition.
If you were planning on selling your home last year, you might have reconsidered due to the pandemic. If you took the plunge and put your house on the market, you likely experienced a seller’s market.
Due to low home inventory, buyers had bidding wars on homes they love, which is fantastic for sellers.
Real estate is a big deal. Literally. Buying or selling a home is one of the biggest transactions in a person’s life. That’s why you need to choose an agent and a brokerage who is going to be on your side throughout the entire transaction, who will make the process as hassle free as possible, who gets your home seen by the most potential buyers, and who will get you the most money for your sale.
At Elevate, we work hard every day on doing just that, and there’s a lot involved, more than you might think. But it’s all worth it, because our customers are worth it.
And apparently that philosophy is working. Since 2013, Elevate Realty Group’s market share has increased...
When a neighborhood is hopping with new renters and buyers, it is easy to make money flipping a home. Landlords who rent properties in good repair may find it an attractive option to consider selling in a flourishing market. This article lists some important ways for property owners living in up-and-coming communities to renovate to appeal to new buyers and renters.
Maintenance is Number One
No matter the age of a home, buyers want fresh, clean houses with new paint, siding, floors, and more. While some people prefer a fixer-upper, the majority of purchasers are seeking properties with space, little work, and unique characteristics. Everything from the garage to the yard and the attic need attention....
Should I remodel my home to sell or not?
Selling a home can be a daunting task. There is big money at stake and everyone wants to make sure that they get the most money possible for their home. With many homes on the market and every seller trying to get top dollar for their home, the question arises every day “what remodeling improvements pay off when selling a home”?
Should I remodel my home to sell?
The best real estate agents understand that when a home is put on the market for sale, it’s important to have a persona of the potential buyer in mind. That means think of whom the person that would be the perfect buyer and build you’re marketing around that type...
When it comes to energy efficiency, look for smart features and expertise to help you save energy and money and add value to your home.
1. Begin with a Right-Sized Home.
If the home you buy is simply too large for you or your family’s needs or plans, you stand a good chance of wasting energy through excessive heating and cooling costs. If it’s too small, you’ll feel cramped and uncomfortable. It’s a big investment, so seek balance and buy it “right” from the outset.
2. Purchase Energy Star Appliances Such as Your TV, Dishwasher, Washer and Dryer, and Microwave.
And especially the refrigerator, as it alone contributes about 10 percent of the energy use in a home. Also, unplug electronics not in use or turn off power strips to avoid phantom charges.
3. Install Efficient Lighting Such as Compact Fluorescent (CLF) or LED Bulbs in Every Fixture.
Lighting accounts for about 6...