Colleen Griffin - RE/MAX Vision



Posted by Colleen Griffin on 3/26/2018

What happens if you receive an offer on your home that fails to meet your expectations? Ultimately, you may want to decline the offer. But before you do, there are several questions you'll want to consider, including:

1. Is the offer "fair"?

Let's face it one home seller's definition of a "fair" offer may differ from another's. However, an informed home seller will be able to differentiate a "lowball" offer from a strong proposal.

A lowball offer typically fails to account for a home's condition and the current state of the housing market. As such, this proposal may fall far below a home seller's initial asking price.

On the other hand, a strong proposal may meet or surpass a home seller's initial asking price. This offer likely accounts for a home's strengths and weaknesses, along with the needs of a both the homebuyer and home seller.

2. Are there any other offers on the table?

If you receive an offer on your home, you'll probably have one to two days to decide how to proceed. And if you have multiple offers in hand, you likely have a lot to think about in a short period of time.

In some cases, the best offer is not necessarily the highest offer, and for good reason.

For instance, a homebuyer may submit an offer on a home that exceeds a home seller's initial asking price. But if this homebuyer has not been pre-approved for a mortgage, he or she likely will need to obtain financing to proceed with a home purchase.

Conversely, a homebuyer who has been pre-approved for a mortgage knows exactly how much money is at his or her disposal. When this homebuyer submits an offer, he or she may be better equipped than other homebuyers to acquire a residence.

3. Can I afford to be patient?

Consider your timeline as you debate whether to decline an offer.

If you're in no rush to sell your home, you can afford to be patient with offers on your house. Or, if you want to relocate to a new address as soon as possible, you should price your home aggressively from the get-go.

4. If I decline an offer, what will happen next?

After you decline an offer on your home, the homebuyer has the option to submit a new proposal or move on to other houses.

As a home seller, it is important to take an informed approach to home offers. With a real estate agent at your side, you should have no trouble making the best decisions on any proposals.

A real estate agent understands the ins and outs of the housing market and can help you evaluate all offers on your residence. He or she can provide you with honest, unbiased real estate recommendations and ensure you can get the best results during the home selling journey.

Collaborate with a real estate agent you'll be glad you did. A real estate agent will enable you to evaluate home proposals and maximize the value of your house.





Posted by Colleen Griffin on 3/19/2018

If you want to sell a house in a buyer's market, it pays to allocate the necessary time and resources to differentiate your home listing from others. Because if you create an informative and engaging home listing, you should have no trouble stirring up interest in your residence, even in a buyer's market.

Now, let's take a look at three tips to help you differentiate your home listing in a buyer's market.

1. Consider the Buyer's Perspective

In a buyer's market, a homebuyer has no shortage of high-quality residences at his or her disposal. As such, you'll want to consider how a buyer may approach your residence and tailor your house listing accordingly.

Think about what led you to purchase your residence in the first place. Then, you can create a home listing that highlights your house's distinct features.

For example, if your home boasts a large, luxurious in-ground swimming pool, you may want to include details about it in your home listing. Or, if your house is located just minutes from many popular attractions, you may want to incorporate this information into your house listing.

2. Be Honest with Buyers

Your goal as a home seller is to craft a house listing that showcases your residence's features. At the same time, you'll want to be honest with buyers to help them make an informed decision about whether to pursue your home.

A detailed home listing that includes accurate information about your house is paramount. Because if your listing is misleading or inaccurate, it may cause problems down the line.

Remember, any problems with a house likely will be identified during a home inspection, a key step in the homebuying process. And if you try to hide these issues, it may slow down or stop a home sale from happening. Conversely, if you are honest with buyers from the beginning, you can make it easy for them to determine whether your residence is the right choice.

3. Consult with a Real Estate Agent

A buyer's market can be tough to navigate, regardless of where you live. Luckily, real estate agents are available to assist sellers in any buyer's market, at any time.

With a real estate agent at your side, you can craft a home listing that hits the mark with the right groups of homebuyers. In fact, a real estate agent will guide you along the home selling journey and help you identify and address any hurdles along the way.

Typically, a real estate agent will learn about your home selling goals. This housing market professional then can help you put together an in-depth home listing that highlights the key features of your house. Perhaps best of all, a real estate agent will share this home listing with dozens of buyers, thereby increasing the likelihood of a quick, profitable home sale.

Ready to list your house in a buyer's market? Use the aforementioned tips, and you can create a top-notch home listing that helps your residence stand out from the competition.





Posted by Colleen Griffin on 2/19/2018

An open house represents a valuable opportunity for a home seller who wants to generate interest in his or her residence. This event enables homebuyers to get an up-close look at your house, and ultimately, may help homebuyers become comfortable with submitting an offer for your home. For home sellers, there are many great reasons to devote time and resources to get your residence ready for an open house, including: 1. An Open House Gives You a Chance to Make a Positive First Impression. Any home seller can showcase his or her residence online. Conversely, it takes a dedicated home seller to highlight the true value of his or her house to interested homebuyers as part of an open house. With an open house, you can boost your home's chances of making a positive first impression on homebuyers. Because homebuyers can browse your home with ease, they will be able to evaluate it in a no-pressure situation. Plus, if you employ a real estate agent, this professional will be available to provide homebuyers with additional details about your residence during an open house. Your real estate agent might even be able to offer information to homebuyers about your residence that they won't be able to find online as well. 2. You Can Choose the Date and Time of an Open House. Unlike a home showing, a home seller can select the date and time of an open house. This flexibility ensures a home seller can plan accordingly and guarantee his or her house is clean and neat when the big day arrives. In most cases, home sellers will host an open house on a Saturday or Sunday, and the event may take place over the course of an afternoon. Meanwhile, an open house might even feature fresh-baked cookies, coffee and tea and other assorted snacks and beverages that homebuyers can enjoy as they check out your residence. 3. You May Be Able to Convince a Homebuyer to Make an Offer. The odds that a homebuyer will submit an offer on your residence without an in-person evaluation of your house are slim. On the other hand, after a homebuyer walks around your residence and envisions what life might be like in your home, he or she may be convinced that your house is the perfect choice. Thus, he or she may make an offer on your residence, which means you can move one step closer to selling your house. When it comes to hosting an open house, you'll want to prepare as much as possible. And with a dedicated real estate agent at your side, you'll be able to receive expert tips to get ready for an open house. This real estate professional understands the importance of an open house, and as a result, will do everything he or she can to help your residence stand out to homebuyers, too. Prepare your residence for an open house, and you could improve your chances of generating significant interest in your residence among large groups of homebuyers.





Posted by Colleen Griffin on 2/12/2018

If you want to sell your house as quickly as possible, a home fact sheet is a must-have. By crafting an informative home fact sheet, you may be able to differentiate your residence from the competition and boost your chances of a fast, profitable home sale.

Creating an effective home fact sheet can be quick and easy. Now, let's take a look at three tips to ensure you can craft a home fact sheet that hits the mark with potential buyers.

1. Provide Accurate Information

Accuracy is paramount, particularly for a home seller who is crafting a home fact sheet. If you provide homebuyers with accurate information, you can make it easy for them to determine whether to move forward with a home showing.

Remember, your goal as a home seller is to make it simple for homebuyers to learn about your house. And if you produce an accurate home fact sheet, you can empower homebuyers with the insights they need to make an informed decision about whether to pursue your home.

2. Be Specific

There is no shortage of information that you can include in a home fact sheet. From details about the age and condition of your residence to the dates of recent home upgrades, it helps to include as much information as you can in a home fact sheet.

It usually is a good idea to include details about local attractions in your home fact sheet as well. For instance, if parks or other landmarks are located close to your residence, these attractions may help your house stand out to dozens of potential buyers.

3. Include High-Resolution Images

A picture is worth a thousand words. Meanwhile, including high-resolution images of your house in your home fact sheet may enable you to make a positive first impression on prospective buyers.

Before you take photographs of your house, it may be beneficial to conduct extensive home cleaning and repairs. That way, you can increase the likelihood of capturing photographs that show off the beauty of your residence.

As you put together a home fact sheet, you may want to collaborate with a real estate agent too. By hiring a real estate agent, you can get the support that you need to enjoy a successful home selling experience.

A real estate agent understands exactly what to include in a home fact sheet. As such, this housing market professional will enable you to craft an engaging and informative home fact sheet in no time at all.

Furthermore, a real estate agent can serve as an expert guide along the home selling journey. He or she will help you list your residence and promote it to the right groups of buyers. Plus, if you receive a home offer, a real estate agent can help you determine whether to accept, reject or counter this proposal.

Take the guesswork out of preparing a home fact sheet use the aforementioned tips, and you can craft a home fact sheet that will help you stir up plenty of interest in your residence.





Posted by Colleen Griffin on 2/5/2018

What does it take to generate interest in your home from the right homebuyers at the right time? Marketing is paramount, and using all of the marketing tools at your disposal will make it easier for any home seller to connect with prospective homebuyers consistently. Today, many high-quality marketing tools are readily available to home sellers, including: 1. Social Media Facebook and other social networks now empower home sellers to share details about their residences with homebuyers from around the world. Furthermore, social media is free and easy to use, making it a powerful tool to add to your home selling arsenal. Social media, of course, only ranks as an effective marketing tool if you understand how to leverage it properly. For instance, you'll want to include high-resolution photos of your home with any social media content. You also will want to respond to homebuyers' questions quickly as these queries are posted on social networks, as this may help your home stand out in a crowded real estate market. 2. Virtual Tours Imagine what it would be like if a homebuyer could take a walk through your home even if he or she were many miles away. Thanks to virtual tours, home sellers are able to offer homebuyers a distinct home showing experience, one that is sure to make a long-lasting impression. Before you set up a virtual tour, be sure to consult with a real estate agent. This professional will be able to help you stage your home properly and ensure it looks great to any prospective homebuyer during a virtual home showing. 3. Email Updates Work with your real estate agent to ensure your home is included in any email blasts that he or she sends out. By doing so, you'll be able to maximize your marketing reach and ensure that many homebuyers can learn about your residence immediately. Any email notification should include relevant information for recipients. Therefore, you should ensure that information about your home is included only in email blasts that go to homebuyers who are likely to be interested in your residence. For example, an email blast that is sent to luxury homebuyers should not include information about a tiny house that is now available, as this residence is unlikely to generate significant interest. On the other hand, highlighting your two-bedroom house in an email update sent to first-time homebuyers and small families may be ideal. By doing so, you may improve your home's chances of garnering substantial attention from homebuyers without delay. The home selling process continues to evolve, and thanks to best-in-class technologies, home sellers possess advanced tools they can use to showcase their residences at all times. Discover the benefits of first-rate technologies and be sure to use them as part of your home marketing efforts. With these tools, you'll be better equipped to accentuate the positives of your residence to homebuyers globally and boost your chances of obtaining multiple competitive offers for your house as well.







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