Our Real Estate Blog
You may be thinking that your best investments are inside the home: a snazzy new kitchen, a spa-like bathroom or new wood floors, but you can actually get a high return on investment (ROI) if you focus on your home's curb appeal.
The first impression potential buyers have of your home is the outside. If you had to guess, what's the best purchase? If you guessed a garage door, you'd be right! Studies show that the recouped cost of a new garage door is usually around 97%, which means you basically get the whole amount back in home value.
Fixing Up the Outside
Before you go investing $4,000 in a new garage door, though, start by fixing up the existing features of your home. That means repairing or replacing vinyl siding, powering washing the outside and giving it a new paint job if necessary. Make sure windows and shutters are clean and without cracks or dings. Most importantly, if your roof is nearing the end of its warranty, or if you have known problems like leaks, now is the time to fix it. While the ROI on a new roof is only about 60%, roof problems can be a huge turn off for buyers, causing your home to sit on the market for longer and costing you more in the long run.
Start on your landscaping plan by cleaning up your yard. Get rid of the trash and yard debris so the yard stays presentable. If you have a green lawn, now is the time to review it. If your grass is growing well and covering the dirt, great! Keep it mowed and you are good to go. If your lawn is having problems, you may want to consider mixing it with other ground covering like gravel, recycled rubber or wood pellets. They are all much easier to maintain, especially in dryer climates not as well suited for grass. If you have empty or dying flower beds, now is the time to fill them up with seasonal flowers and bushes. These give you great color and make your home seem more welcoming to buyers.
Before you start shelling out big money for upgrades, have your real estate agent review your home. They can suggest the best options for your market and price range, as well as provide accurate feedback about your home’s curb appeal. They may even have ideas for professional help to get your home in perfect selling shape.
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A home seller may dread the thought of dealing with an aggressive property buyer, i.e. an individual who submits many requests for property improvements or price reductions prior to the closing of a home sale. Fortunately, we're here to help you take the guesswork out of dealing with an aggressive homebuyer.
Now, let's take a look at three tips to help a home seller get the best-possible results when he or she deals with an aggressive property buyer.
1. Keep Your Cool
Let's face it – an aggressive homebuyer may test your patience. But if you remain calm, cool and collected when you deal with an aggressive homebuyer, you may be better equipped than ever before to accomplish your desired home selling results.
Remember, the ultimate goal of the house selling journey is to maximize your property sale earnings. If you remain open to communication with a buyer, both you and this individual can work together to find common ground. And as a result, you and a buyer can collaborate to achieve the optimal results.
2. Know Your Options
If a buyer makes exorbitant requests during the home selling journey, it is important to keep in mind that you have options. And if problems start to escalate, you may be able to walk away from a property selling agreement.
For example, if an aggressive buyer conducts a home inspection and asks for a massive price reduction following the evaluation, you can still negotiate with this buyer. And if you and the buyer cannot come to terms, there is no need to stress. At this point, you can move on from a potential home sale and re-list your residence.
3. Hire a Real Estate Agent
Dealing with an aggressive homebuyer can be worrisome. For sellers who want to avoid the potential dangers associated with dealing with an aggressive buyer, it may be beneficial to hire a real estate agent.
In addition to guiding you along the property selling journey, a real estate agent is happy to help you negotiate with a buyer and his or her agent. That way, you can boost the likelihood of enjoying a quick, profitable house selling experience.
Typically, a real estate agent will serve as a liaison between you and a buyer. And if a buyer requests property upgrades or a price reduction prior to closing day, a real estate agent can offer recommendations about how to proceed with these requests.
A real estate agent also is available to respond to any of your home selling concerns or questions. This housing market professional understands the property selling experience can cause a seller to worry, especially if this individual is forced to deal with an aggressive buyer. But with a real estate agent's assistance, a seller can take the necessary steps to minimize potential property selling hurdles.
Simplify a negotiation with an aggressive homebuyer – use the aforementioned tips, and any home seller can seamlessly navigate a negotiation with any buyer, at any time.
The idea of a tight-knit neighborhood seems like an artifact of a simpler time in our country. And, in many ways, it is. Improvements in transportation and technology make it easier than ever to be connected with friends and family across the country and around the world.
However, there are still many good reasons to get to know your neighbors, aside from as a common courtesy. In this article, we’ll break down those reasons for you.
A watchful eye
If you plan on going for an extended vacation, it’s good to know at least one neighbor who you can trust to watch over your home while you’re away. That can include reporting any suspicious behavior and bringing in your mail so that it isn't obvious that your home is empty.
If you have kids, your neighbors are a good way to find out about any neighborhood news and safety concerns you should be aware of, which brings us to our next reason to get to know your neighbor.
Learning about the neighborhood
When you move into a new community, there often aren’t many ways to learn about the local events and places of interest. Introducing yourself to your new neighbors is a good way to learn about the place you moved to. It’s also a way to ask about any concerns you may have, such as traffic, noise level, or road safety if you have children who will be playing outside.
A helping hand
Like we mentioned before, it’s good to have trustworthy neighbors while you’re on vacation for home security reasons. However, it’s also a good opportunity to have neighborhood kids lend a hand while you’re away. You can pay them to mow your lawn, water the grass or flowers, and feed your pets. This makes your life easier and teaches them a lesson in work and reward.
Lending tools and services
It’s good to know a few neighbors with tools that you don’t have so that you can let one another borrow seldom-used tools rather than buying or renting them just for the occasional use.
Similarly, if you have an elderly neighbor, it’s a rewarding gesture to help them out when you see they need help with groceries, shoveling, or other physically demanding tasks. Those small gestures can also go a long way when it comes to gaining a friend in the neighborhood who you can count on for the local news.
No ill-will between good neighbors
Let’s face it, neighbors can be a source of annoyance at times. If it’s late on a school night and your neighbors are being noisy while you and your children are trying to sleep, you’ll have a lot better chance of getting them to quiet down if you have an established, friendly relationship.
Similarly, if you have a family cookout and need to park cars in front of their lawn, they’re more likely to not mind if you’ve helped them out in the past.
So, for these five reasons, and for many others, it pays to get to know your neighbors.