Selling your house has become harder and more time consuming with every year that passes in this millennium. With global economic tragedies happening all the time and the baffling inversely proportional relationship between housing price and demand which goes against everything we know about economics; this is a tough time to shift property for those looking to move somewhere more homely.
Luckily, there are a variety of different methods you can apply to help boost the worth and visibility of your property and streamline the whole sales process, some of which I will detail here to help give you a head start to selling your home. And don’t worry, as much as this is aimed at those living in MD right now, a lot of these concepts are globally applicable.
Visibility can mean many different things depending on context. Here, it means several things, all of which are extremely important to any hopeful home seller. The most obvious application here is online visibility.
According to PropertiesOnline, around 95% of people search for homes online and 56% of people use the internet as their first port of call when looking for a new property.
As a result, it is absolutely essential that you create a large portfolio of high-quality photos and videos to help showcase your property’s internal and external features. Don’t be afraid of showing any issues with the house during this, as long as the price reflects any issues, buyers are not particularly worried about fixable issues and care more about being able to see the entire home from the comfort of theirs.
Make yourself known
The other form of visibility that directly applies here is marketing visibility. It may seem silly spending money to try and sell a house, but as the old adage goes; “You must spend money to make money!”
This is extremely relevant here, as paying to have your house climb up search rankings with real estate agents and comparison site will increase the amount of people considering your property by a huge amount. Especially when coupled with newspaper adverts and posting over as many social media channels as you have access to, flooding the internet with your sale can connect you to a buyer within days!
Pricing the property
One of the most difficult and complicated aspects to selling a property is that of deciding the price. Too high and no one will want to waste money, too low and buyers get concerned that there is something wrong with the place you haven’t disclosed. Luckily, realtor’s will be able to assess the property and determine what they think is the best price to sell at.
Realtors will also take a cut of the money however, so if you’re looking for a quick flip for maximum profit, you’re better off determining the price yourself, then looking for buyers who want your house for cash in Baltimore, Maryland.
Location, location, location?
While this is an extremely overused phrase, it has become memetic due to its timeless relevance. The location of a property is the most important factor to any buyer. This is obviously something you cannot change about your home, but it is something you should be aware of when trying to determine a price to sell at.
A lot of the locations you enjoy or find convenient won’t apply to new buyers, so you must rid yourself of all your local Maryland knowledge and think objectively about what services and travel connections you have available to you. Schools, restaurants and distance from the closest city centre are all prime factors that can sway buyers and fluctuate the price massively, so keep these deeply in mind.
Be the greatest repairperson
Remember those blemishes I told you not to worry about? As much as it isn’t necessary to sort these out to secure a sale, it can be an extremely easy way to add a few thousand to your asking price and widen the market willing to purchase your home.
This doesn’t have to be limited to finding issue around your property, as simply having a new coat of paint or fresh flooring around the house can actually increase the value of your property by a considerable amount more than what it costs to get these renovations. Be careful not to make it so homely you can’t bear to sell it!
Showcase your curb appeal
Once you have enticed someone and piqued their interest, many potential buyers will drive past the property to have a look at the exterior before deciding whether they should book a viewing. To this end, some extra care and attention should be shown for the front of your property and anything that can be seen from the street.
This can include anything from front facing windows to the state of your drive and front yard, anything you can see if you casually walk past your home. Making sure these aspects are touched up and sale-ready will greatly increase the conversion rate of browsers to viewers.
While this is by no means an exhaustive guide on how to sell your Maryland home, focusing primarily on these aspects will give you a good chance of shifting your property as quickly as possible whether going via a Realtor or taking the challenge on by yourself.
Texas, the Lonestar state. The second largest state in the US known for its abundance of live music and quality of its BBQ sauce it’s no wonder why so many Americans have called this state home. And to call this place a home you have to have a home to go to, and Texas being so large has no shortage of real estate opportunities. But how do you go about it, where do you start? I’m going to run you through the play by play on getting you on the real estate ladder and getting you a home to back to at the end of it all.
What state is the economy in?
The past couple of years have not exactly been kind to the economy. The country is still reeling after the complete collapse that happened as the country was locked down early last year. Unemployment still isn’t as low as it should be, the country is facing shortages due to supply chain disruption and most importantly for us, housing prices are still rising and unfortunately Texas is unique in these situations. In the last decade the fasted and most significant rise in house pricing was March of this year. Unfortunately, supply is struggling to keep up with demand. But it isn’t all doom and gloom. Savvy buyers can use many different techniques to make sure they get a good deal on a place to live if they are vigilant enough.
Where should I look?
Now we know what we are getting into its time to make arguably the most important choice of the process. Finding a place, you’d like to live. Obviously different people have different needs they want to be met when looking for somewhere to settle but if you ask me you want to try and find a nice middle ground. Whilst a small town in the middle of the desert is going to be extremely affordable to live in there isn’t going to be a whole lot else going for it. On the other end of the spectrum, the capital city of Houston may be filled with culture, things to do, places to eat, but not only will the cost of house be through the roof, the cost of living in states capital is often much higher than the rest of the state. As an example, for the rest of this article I am going to use the city of San Antonio as a case study. Not too big not too small.
When is the best time to buy?
Although the housing market is unstable and consistently in flux, there are a few sure things when it comes to finding a good time to buy a home through the year. At the begging of the year, January to February time, is when the listing prices for new houses are often at their lowest. This is due to it being right after the holiday season and at a time where the average person is going to have less disposable income in the back pocket. Maybe the money isn’t so much of the issue as it is finding the right place for you. The number of available properties on the market vary throughout the year but on average Is it at its highest end of spring, beginning of summer sort of time. And finally, if you are looking for a better rate on your mortgage, end of the year is more often than not where you will be getting the best interest rates. Make sure you plan well in advance when to start looking for a property to make sure that you get the outcome you want.
Why buy property now?
Although there are plenty of economical issues that the country is facing as a whole. Texas is not doing too bad comparably when it comes to real estate. The real estate market in states like New York and Los Angeles are in chaos at the moment. The price to get a large multi bedroom flat in Texas would struggle to get you a one-bedroom studio in somewhere like New York. There’s also much more range in Texas. With it being such a large state the variation in properties is much greater than many other places in the country. Let’s take San Antonio again for instance. The average price for a house in San Antonio, Texas is roughly $345,114 whereas the average house for a price in Boston, Massachusetts is upwards of $615,000. And even when you have the house, getting a home inspection in San Antonio is much easier than in a big city in other states. And all this is before you even look into mortgage interest rates that again are constantly in flux throughout the year. Though Texas may not be the most glamourous state in the country it has a lot to offer, and more importantly, actually buying property in Texas is much more feasible than a lot of the bigger metropolitan states across the country.
To conclude, buying a house at any time can be a bit of a precarious job. Real estate is a tough area to get into, but with the right preparation, and patience to stick it out when things get tough, will get you the property you want in no time.
Selling your house can be an extremely difficult task. When you bought your house it probably felt as though you had plenty of options to choose from and the process was much more straightforward. Now that you are ready to move on and buy a new home, it feels close to impossible to sell your home and get a good price for it. Unfortunately, right now the housing market is extremely overwhelmed with people desperate to sell their homes, so it can be difficult to stand out, but that does not mean that it is impossible. Here are 6 ways to make your home stand out on the housing market.
1. Offer an Amazing Price
If you are really struggling to sell your home and you are desperate to move somewhere new, then we recommend that you lower the price of your home. We are not saying that you should drop it to an unrealistic low, but you should make it a much lower price than the houses for sale in your local area. This is a guaranteed way to stand out on the market and it will draw in way more potential buyers.
2. Turn to Locally Based Real Estate Investors
If selling your house on the housing market just isn’t working for you, we recommend that you turn to locally based real estate investors. There are plenty of real estate companies out there that are desperate to buy houses to put on the market, so you are bound to find one that is interested in your house. If you are in Connecticut, then I recommend that you try out ‘Sell My House’, they offer great deals on your home and they’re also known as the premier We Buy Houses in Connecticut brand, so you know that they will be completely reliable.
3. Make Sure Your House Is Fit For Purpose
A great way to ensure that your house gets snapped up on the market is by making sure that it is move-in ready. If the house that you are trying to sell requires a lot of work, then people are not going to want to buy it. Buying a house can be expensive and so the last thing that people want is to have to spend a lot of their hard-earned money making sure that it is up to a livable standard. A lot of houses that go on the market require a lot of work and so if yours doesn’t, then it will really stand out from the others.
4. Host an Impressive Open Home
Now that the pandemic is coming to a close, we can return to hosting events as we used to, which means you will be able to host an open home. An open home will give any potential buyers a chance to really get to know the house, all while asking you any questions that they may have. When a buyer meets you on a more personal level, they usually feel far less inclined to try and haggle a lower price. An open house gives you a chance to meet the potential buyers and decide if they are the right people for your home.
5. Landscape Your Garden
There is nothing worse than having a beautiful house, surrounded by an ugly and messy garden. The best thing that you can do to make sure your house stands out on the market is make sure that your garden is properly landscaped. When people look into buying a house, their first thought is how much work they have to do, so if your garden is already landscaped it will be more appealing to them.
6. Put Yourself Online
If you are having a hard time selling your house, then a surefire way to make it stand out from others on the market is by putting it online. Sharing your house on a site like Facebook will increase the probability of it being seen by potential buyers and you will also be able to upload pictures of your home online for others to see, which may increase the likelihood of people seeing your home and becoming interested in potentially buying it.
Selling a house is no easy task and within such a congested market, it can seem almost impossible to stand out. Trying to sell your house was bad enough before and now that the market is flooded with people who have been unable to sell their house in the last year, it is even harder to sell your house.
If you speak to any real estate agent, something that they will tell you is that the only way to ensure that your home is sold is by making sure that you stand out in the market.
Something that may surprise you is that there are right and wrong ways to stand out and many people make the mistake of choosing the wrong ways out of desperation. If you are someone with very little experience in the housing market, then you may be confused as to what the right way to make your home stand out on the housing market really is. Here are the dos and don’ts of standing out on the housing market.
Don’t: Make your house too colorful
A very common mistake amongst inexperienced home sellers is making their homes too colorful. When people are told to make their homes stand out, it is fair to jump to the conclusion that this means to make your house look different from others on the market. Giving your house a bright color or vibrant wallpaper may seem like a good idea at the time, but it puts you at a disadvantage in the housing market.
When you look at colorful wallpaper you see creativity, but when a buyer looks at colorful wallpaper, they just see more work that they’ll have to do if they do buy it. Whoever buys your house will already be spending a lot of money on the house itself and they will not want to spend more on decorating the house.
Having a brightly colored room may also get in the way of the buyer’s creative vision, so we recommend that you just offer up a blank canvas that they can build upon in the future.
Do: Hire the help of a designer
As I previously stated, the housing market is very overpopulated right now. For this reason, we recommend that you employ the help of a designer to make sure that your house is market-ready. It may cost you a bit of money, but having a newly decorated home means that you can actually sell your house for a higher price.
It may shock you to learn that employing the help of a designer can be very inexpensive. We recommend that you enlist the help of zircon living to help design your home, as they offer a brilliant service at a more than reasonable price. They also know exactly what sells on the housing market, so they can even offer you some helpful advice for setting up the rest of your home ahead of putting it on the market.
Don’t: Set your prices too low
There is no denying that having an extremely low price for your house will make it stand out on the housing market, but it will also make you lose out on a lot of potential profit. Not only will you lose out on money, but an incredibly low price may also be off-putting. A lot of people follow the rule of if it’s too good to be true, then it usually is, so if you have an incredibly low price they may believe that the house has problems that can not be seen upon first viewing, which could lead them to not continue with the sale.
There are a number of different things to consider when it comes to making the huge decision of whether to buy or build your new home, there are benefits that you should consider before going ahead with either of these options which could have a huge impact on your own and your families lives in the future. Many people prefer the personalization opportunities which come with building your own property to live in however, these kinds of projects can be very long and difficult to complete that others would prefer to avoid them, and seek an existing property that can be renovated to suit a particular style or design aesthetic.
The easiest way to judge what would be the best decision for you and your family members would be to sit down and weigh up the options, I would firstly make a decision on which part of the world you would like to live in as looking at existing properties can provide an insight into what kind of homes are available and if any would be suited to your style and preference. This will also help you to gauge the expected price you could pay for either of the options which is a big indicator of whether or not buying or building your property is better suited to your financial and home situation.
Pros and Cons – Building
There are a number of different factors to consider when it comes to building your home, there are no set rules that will work for one person so it really is something that you will have to figure out yourself in terms of how suitable starting from scratch really would be for you and your family. Designing and building a property is not something that should be taken lightly as these projects are usually years in the making and can be extremely stressful if you are not experienced in this area.
Although there is no denying the hard work that needs to go into a project of this nature, there are also a number of benefits. One of the biggest pros to building your new family home is that you are in complete control of each room and aspect of the house so that it can be developed to your liking and your required functionality around the home. Luxury home and interior brands are a great place for you to get started and find inspiration for your own designs, zen living are custom luxury home builders in Perth, and their unique style and modern aesthetic is a sought after interior design that would be perfect if you are looking to build your own family home.
Pros and Cons – Buying
If you feel that building a property from scratch is not something that is suitable for you and your family then another option would be to look at existing homes on the market for you to buy. Many people feel that buying an existing home limits them in terms of what they can do to add their own personal touch, however with renovations being a possibility you can still find a house that you love and can make the necessary changes to really make a property your family home.
Another huge positive aspect of buying a house rather than building one would have to be the fact that it is much cheaper in the long run, Building a house should be something that you only do if you are secure in your finances to the point that you know you are capable of getting everything done that you want otherwise you may end up causing yourself significant stress when projects fall behind.