Diane Stone - CENTURY 21 Commonwealth



Posted by Diane Stone on 4/30/2017

Do you know the history of your home? How you respond to this question may dictate whether you're equipped to maximize the value of your residence. As a home seller, you'll want to know when your home was built and other facts about the condition of your residence before you add it to the real estate market. And with the right amount of research, you should be able to find out plenty about your residence and share this information with prospective homebuyers. Some of the key home history questions that every home seller should consider include: 1. How Old Is Your Home's Roof? An old roof could become a costly repair that no homeowner wants to encounter. However, home sellers who understand when their roof has been repaired or replaced can share this information with homebuyers and empower these buyers with additional details to help them make an informed decision. Remember, an old roof won't necessarily deter homebuyers from checking out your house. At the same time, you'll want to account for your roof's condition when you price your residence. Also, you may consider completing roof renovations before you list your home on the real estate market, as these repairs may help differentiate your residence from similar homes that are available. 2. When Was Your Hot Water Heater and/or Furnace Replaced? A homebuyer surely wants a home that is easy to heat. And if you've replaced your home's hot water heater or furnace recently, you likely will be better equipped to optimize the value of your residence. If you're uncertain about the age of your home's hot water heater or furnace, you'll want to have these items tested by professionals to ensure their quality. Typically, an average hot water heater will last between eight and 12 years; comparatively, an oil furnace usually will last up to 10 years, while a gas furnace may perform well for up to 20 years. And if it's been some time since these products have been repaired or replaced, you may want to consider installing new ones before you add your home to the real estate market. 3. What Is the Age of Your Air Conditioning System? While the hot water heater and furnace are likely to generate concerns from homebuyers, the condition of your home's air conditioning system probably will do the same. Like many appliances, your home's A/C system will start to break down over an extended period of time. This commonly happens after 10 to 15 years, but home sellers who have maintained and repaired their A/C system regularly may be able to reduce the need to replace this unit. Focus on finding out as much information as possible about your home and sharing this information with homebuyers. By doing so, you are able to be fully transparent about what your residence offers homebuyers. Thus, you may be able to speed up the process of selling your home. Dedicate the time and resources needed to learn about the history of your home, and ultimately, you'll be better equipped to find homebuyers who are interested in your residence.





Posted by Diane Stone on 1/15/2017

Want to make your home appealing to a broad range of homebuyers? Devote the necessary time and resources to get your residence move-in ready. By doing so, you may be able to generate substantial interest in your residence and accelerate the home selling process. Getting your home move-in ready can be quick and simple here are three tips to ensure you'll be able to prep your house accordingly: 1. Prioritize cosmetic repairs. Repair broken baseboards, leaky faucets and other minor problems that otherwise might damage your home's value. This enables you to enhance your home's appearance and ensure buyers won't have to worry about these repairs if they decide to purchase your residence. Completing cosmetic repairs might seem tough at first, but making a list and finishing it item by item can help you make the right fixes without delay. And after these repairs are performed, you'll be able to boost your home's chances of making a positive first impression on homebuyers. Remember, cosmetic repairs may appear costly and time-consuming, but they can deliver long-lasting value. Homebuyers are sure to notice even the smallest issues when they examine your residence, and home sellers who eliminate these problems altogether can speed up the home selling process. 2. Clear as much space as you can. De-cluttering is paramount for home sellers, especially if they want to get their homes move-in ready. And home sellers who strive to clear out as much clutter as possible can increase their chances of an immediate sale. Typically, homebuyers want to envision what it's like to live in a house during a home showing. Meanwhile, if you de-clutter your residence, you'll be able to make it easier for homebuyers to consider how they may transform this house into a home. When it comes to showcasing your residence, you'll want to do everything possible to create a memorable experience for homebuyers. Therefore, de-cluttering will enable you to take another step toward helping your residence make a distinct impression on homebuyers. 3. Go neutral whenever possible. Dazzling homebuyers is important, and using neutral colors throughout your home may help you impress homebuyers as soon as they enter your residence. For instance, bright yellow walls can make a bold statement but could turn off the majority of homebuyers. In this scenario, homebuyers may move on to another residence or make you a below-average offer (and wind up repainting the walls if they purchase your residence, too). On the other hand, the use of neutral colors can help you boost your home's appearance in a number of ways. These colors will complement a wide range of individual styles and tastes and feature a classic look and feel. As a result, homebuyers likely will notice a home seller's use of neutral colors for all the right reasons. And ultimately, this may accelerate the process of generating genuine interest from buyers who check out your house. Selling a residence often can be difficult for inexperienced and experienced home sellers alike. Fortunately, those who are focused on getting their houses move-in ready can improve the quality of their residences and boost their chances of a quick sale.





Posted by Diane Stone on 10/16/2016

As a home seller, it is important to note that you're not alone in the real estate market. In fact, dozens of other nearby home sellers likely are doing everything they can to promote their residences to prospective homebuyers. This means that you may need to think outside the box to generate interest in your home. Fortunately, every homebuyer is looking for a bargain, and home sellers who offer incentives may be able to sweeten the deal if a homebuyer is interested in purchasing a residence. Incentives are readily available that you can offer to homebuyers, and some of the top incentives to consider include: 1. Covering the Closing Costs. Closing costs can add up quickly for homebuyers and may be a deterrent for a buyer to purchase a particular residence. However, you can eliminate this deterrent if you agree to cover even a portion of a homebuyer's closing costs. Agreeing to cover a homebuyer's closing costs up to a predetermined amount may help you seal the deal with a prospective buyer. And ultimately, this incentive could make it easier for you to reap the benefits of a quick sale. 2. Allocate a Set Amount for Home Upgrades. After a homebuyer conducts a property inspection, he or she may ask for upgrades to a residence's furnace, windows or other areas. These issues may be deal-breakers, unless you allocate a set amount to account for potential home upgrades. Completing these upgrades on your own may prove to be both time-consuming and costly. On the other hand, setting aside a set amount for upgrades and agreeing to deduct this amount from the total cost of your home could serve as a distinct incentive for homebuyers. Ultimately, you'll want to do as much as possible to ensure that a homebuyer remains interested in your home after an inspection is completed. And by determining a particular amount to deduct from your home's price and sticking to it following an inspection, you'll be better equipped to satisfy a homebuyer's home improvement demands. 3. Including the Appliances. You may have had your heart set on bringing your washer, dryer and refrigerator to your new home. Conversely, a homebuyer might want to avoid the hassle of installing new appliances if he or she buys your current residence. So what can you do? Including the appliances with your home may allow you to close the deal with a homebuyer. Remember, home appliances can be replaced, and you may be able to find new appliances that suit your future residence perfectly. And if a homebuyer wants the appliances in your home included in a deal, it may be worthwhile to offer this incentive to finalize an agreement. Selling a home can be tricky, and getting support from a real estate agent who understands the local market is essential. This real estate professional may help you brainstorm unique incentives that you can offer to homebuyers and speed up the home selling process. Consider the value of offering incentives to homebuyers, and you could boost your chances of a fast home sale.