Colleen Griffin - RE/MAX Vision



Posted by Colleen Griffin on 6/25/2017

Selling a home may seem simple at first, but negotiating with a homebuyer sometimes can be problematic. Fortunately, home sellers who understand the art of negotiation may be better equipped than others to accelerate the home selling process and optimize the value of their residences.

What does it take to become an expert home selling negotiator? Here are three negotiation tips for home sellers:

1. Stay Patient

It is easy to become emotionally attached to your residence, especially if you have lived in a home for many years. However, a home seller will need to do everything possible to keep his or her emotions in check during negotiations with a homebuyer.

In some instances, emotions can get the best of a home seller. And if this happens, a potential deal with a homebuyer may collapse.

For home sellers, the goal of a home selling negotiation is to maximize the value of a residence. Keep this goal in mind as you navigate negotiations with a homebuyer. By doing so, you may be able to maintain a calm, patient approach as you work toward selling your house.

2. Evaluate the Real Estate Market

Although you've allocated substantial time and resources to enhance your home over the years, the value of your residence may fluctuate based on the current real estate market's conditions. But if you conduct plenty of housing market research before you enter negotiations with a homebuyer, you can understand exactly what your home is worth today.

Conducting a home appraisal usually is a good idea. This appraisal will enable you to learn about your home's pros and cons and identify potential issues that may prevent you from maximizing the value of your property.

Furthermore, study the prices of comparable homes in your area. With this housing market insights at your disposal, you can enter a home selling negotiation with the information that you need to make data-based decisions.

3. Hire an Experienced Real Estate Agent

Home selling negotiations can be tricky, and for home sellers who want extra help, hiring an experienced real estate agent is essential.

An experienced real estate agent understands the ins and outs of home selling negotiations. As such, he or she will share expert negotiation insights with you to ensure that you can get the optimal price for your residence.

Your real estate agent will provide recommendations and suggestions throughout the home selling process and may even help you avoid negotiations altogether. Plus, this real estate professional is happy to negotiate on your behalf. That way, you can avoid the stress and anxiety commonly associated with negotiating directly with a homebuyer.

With an experienced real estate agent at your disposal, you may be able to accelerate your journey through the home selling process. Your real estate agent will keep you up to date about offers on your home and ensure you can get the best results possible.

Employ an experienced real estate agent, and ultimately, you can boost your chances of stress-free home selling negotiations.




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Posted by Colleen Griffin on 2/26/2017

You can't help but admire people who have an independent spirit and are determined to do things on their own. It's reminiscent of early pioneers who lived by the belief that "God helps those who help themselves." While it may be true that qualities like self sufficiency and initiative can help you get ahead in life, there are instances in which it makes sense to team up with an expert. You can't always go it alone, and when the stakes are high -- like in real estate sales -- the last thing you want to do is try to reinvent the wheel! Advantages of Working With a Professional Realtors and real estate agents know the ropes, when it comes to the intricacies of marketing a home, finding qualified buyers, and negotiating the best possible deal. If you attempt to sell your own house without the benefit of an agent, you'll be facing a steep learning curve and a lot of potential pitfalls. Perhaps one of the most compelling reasons for hiring a real estate agent is that time is of the essence. From the minute you put your house on the market, the clock is ticking. If your property is still on the market after a few months, then its perceived value will start to drop. Many people will assume there's something wrong with it -- whether it's a diamond in the rough or a polished gem! Real estate professionals are not only attuned to the pulse of the local marketplace, but they can guide you through the often complicated process of selling a home. Here are a few of the many ways that agents can simplify your life, help you avoid costly mistakes, and increase the probability that you'll receive top value for your home and sell it in the shortest possible time.

  • Home staging: By taking advantage of their knowledge and expertise, you can make sure your home is presented in its best light. Your agent should advise you of cost-effective ways to improve your home's curb appeal and correct any potential issues on the inside that may detract from its marketability.
  • Salesmanship: A good real estate agent is skilled in the art of persuasion, establishing rapport with people, and helping them focus on both the positive aspects of your home and its future potential. Many homeowners, on the other hand, tend to either undersell or oversell the desirability of their property. Their lack of objectivity can also cause them to overprice their house, resulting in lost opportunities.
  • Negotiating skills: One of the skill sets that real estate agents have is negotiating the terms and final price of a home. Since they do this for a living, a seasoned real estate agent has the practical experience, knowledge, and insights to help you get the most value for your home. They generally know how to push the envelope, without pushing too hard. Homeowners who attempt to negotiate a real estate sale on their own may make one or more "fatal errors," which can derail a potential sale.
If you're unsure whether you want the help of a real estate agent or Realtor in finding a buyer, handling the paperwork, and jumping through all the legal and regulatory hoops that real estate transactions involve, then test the waters, first. Set up a meeting with a couple different real estate agents and pick their brains. That way, you'll be sure to make an informed decision when you decide which path to take in selling your home.





Posted by Colleen Griffin on 1/29/2017

Being a first-time home seller can be exhausting, especially if you want to maximize your house's purchase price. Fortunately, we're here to help you understand what it takes to succeed as a home seller, regardless of the real estate market's conditions. Here are three factors that every first-time home seller needs to consider before adding his or her house to the real estate market: 1. Your Home's Condition You've completed many home improvement projects over the years, and as such, you may have boosted the value of your house. However, despite these improvements, there may be a lot of work that needs to be done to ensure you're able to generate plenty of interest in your residence among prospective homebuyers. Getting a home appraisal often serves as a great first step on the home selling journey. A home appraiser will be able to give you a better idea about your house's worth as well as potential areas of improvement. As a home seller, you'll need to consider the value of any repairs you complete. Ultimately, a home improvement project may help you boost the value of your house, but it also may mean that it takes longer for you to add your house to the real estate market. Consider the pros and cons of home improvement projects. And if you need extra support, be sure to consult with an experienced real estate agent. 2. Your Home's Price Are you selling your residence in a seller's or buyer's market? Ideally, you'll want to be able to offer your house in a seller's market, i.e. a period in which there are more homebuyers than home sellers. Conversely, even if you're selling your house in a buyer's market (a market that includes more home sellers than homebuyers), you may be able to make your house more attractive to potential buyers if you offer a competitive price. Look at what similar homes in your area have sold for over the past few months. Also, be sure to work with a real estate agent who can provide insights into home selling and homebuying trends in your area. By doing so, you'll be better equipped to list your house for a fair price and improve your chances of a fast sale. 3. Your Post-Sale Plans If a homebuyer makes an offer on your residence that exceeds your expectations, how will you proceed? You'll need to consider your post-sale plans, as this will ensure that you're ready for any home selling scenario that comes your way. You may want to de-clutter your home as much as possible to make it easier to finalize a sale and relocate to a new address. In addition, you should try to work with a real estate agent who can help you sell your current home and find a new one that meets your needs going forward. Just because you're a first-time home seller doesn't mean you can't prepare like a pro. Consider the aforementioned home selling factors, and you may be able to improve your chances of optimizing the price of your home and speeding up the home selling process.





Posted by Colleen Griffin on 10/16/2016

You are about to make a big decision; putting your home up for sale but there are some very important things you need to do before the sign goes in the yard and you open your doors to potential buyers. Getting these things checked off the list will help get you to a quicker and more profitable sale. Here are some tips to get you started: 1. Sit down with your real estate professional. Come up with a game plan and set a realistic asking price. Make decisions about marketing and showing availability. Pre-scheduling meetings or times to catch up with your agent will help keep the lines of communication open. 2. Get your paperwork in order. Prepare a list of repairs, upgrades that have been done to your home. Assemble allámaintenanceárecords, warranty information and user guides for appliances in the home. If you do not have them many are available on the internet. It will show potential home buyers you care about your home. 3. Clean your home top to bottom. Wash the walls, shampoo the rugs, touch up the paint and get every cobweb from the corners. Remember your home will be looked at very closely and the last thing you want is a buyer to be turned off by a little dirt. 4. Organize and declutter everywhere. You have probably acquired quite a bit of stuff. Go through every closet, cabinet, and start clearing out. You may want to have a yard sale or donate unwanted items to charity. For the things that you must keep consider a storage unit. 5. Get a home inspection. Have a pre-sale inspection of your home. This will prevent any surprises and help you identify any problem areas in your home. Repairs can affect the ultimate sale price of your home. For problem areas, make repairs or get estimates. This will help you determine what the ultimate sale price or items you may need to be prepared to negotiate on. 6. Stage the home to sell. Hire a professional stager to dress your home for sale. You will want to stage the home inside and out. Research shows that staged homes typically sell for more money. Congratulations you are well on your way to a successful sale.  







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