Colleen Griffin - RE/MAX Vision



Posted by Colleen Griffin on 9/24/2018

After you add your house to the real estate market, it may be only a matter of days before you receive the first offer on your residence.

Ultimately, the initial offer on your home may prove to be the best proposal for a number of reasons, including:

1. The offer matches or exceeds your expectations.

An informed home seller understands the condition of his or her house, and as such, sets realistic expectations for the home selling journey.

For a home seller, it is paramount to conduct a home appraisal before you list your residence. With this appraisal, you can learn about your residence's strengths and weaknesses and price your house accordingly.

Furthermore, a home appraisal will help you understand the true value of your home. And if you receive an initial offer that matches or surpasses your expectations, you should have no trouble accepting the proposal and moving forward with a home sale.

2. The offer corresponds to the current state of the real estate market.

Operating in a buyer's market is far different from operating in a seller's market, and perhaps it is easy to understand why.

In a buyer's market, there is an abundance of high-quality houses and a shortage of property buyers. This means a buyer's market typically favors property buyers over property sellers.

On the other hand, a seller's market usually favors property sellers. This market includes many property buyers and a shortage of top-notch houses. Thus, the likelihood of receiving a terrific first offer may increase in a seller's market and decrease in a buyer's market.

As a home seller, it is essential to allocate the necessary time and resources to learn about the housing market. If you understand the differences between a buyer's market and a seller's market, you can identify a great initial offer on your house.

3. The offer is a must-accept in the eyes of your real estate agent.

When it comes to selling a house, it often is a wonderful idea to work with a real estate agent. In fact, this housing market professional may prove to be a difference-maker at each stage of the home selling journey.

A real estate agent will help you list your residence, promote it to potential homebuyers and set up home showings and open houses. That way, he or she can make it easy for you to generate substantial interest in your residence as soon as it becomes available.

Perhaps most important, a real estate agent is happy to provide honest, unbiased home selling recommendations. This housing market professional will help you differentiate between a mediocre initial offer and a stellar one and ensure you can make informed home selling decisions.

Lastly, be sure to analyze the initial offer on your home closely before you accept it. By taking a diligent approach to this home proposal, you can evaluate the pros and cons of it and make the best possible decision based on your individual needs.





Posted by Colleen Griffin on 8/27/2018

Home sellers often face an uphill climb to maximize the value of their residences, and perhaps it is easy to understand why.

In many instances, dozens or hundreds of home sellers may compete against one another to generate interest in their properties. Plus, home sellers who fail to allocate the necessary time and resources to enhance their residences may struggle to differentiate their houses from others.

Fortunately, there are many quick, easy ways for home sellers to gain a competitive edge in any real estate market, at any time. Some of the best ways for home sellers to gain a competitive advantage over rivals include:

1. Focus on Improving Your Home's Curb Appeal

You only get one chance to make a positive first impression on homebuyers, so why not make the most of it? Ultimately, home sellers who spend some time revamping a house's curb appeal may be able to generate substantial interest from homebuyers.

Simple home exterior maintenance tasks such as mowing the front lawn, trimming the bushes and clearing walkways can make a world of difference in homebuyers' eyes. Thus, home sellers who complete various home exterior enhancements could accelerate the home selling process.

2. Be Ready to Act Quickly on Offers

As a home seller, try to be as flexible as possible, particularly when it comes time to accept, reject or counter a homebuyer's offer.

A home seller who conducts plenty of housing market research will understand the true value of his or her residence. As such, this home seller will be able to act quickly and determine whether a homebuyer's proposal meets his or her needs.

In addition, be ready to negotiate with homebuyers. And remember, if a homebuyer submits an initial offer that is close to your expectations, you can always counter his or her proposal.

3. Collaborate with a Real Estate Professional

When it comes to selling a home, there is no better option than hiring an experienced real estate agent.

Your real estate agent will help you set up home showings and open houses, keep you up to date about offers on your residence and help you handle home selling negotiations. This real estate professional also can provide feedback about your home, ensuring that you can make the necessary home improvements to help your residence stand out from others.

Furthermore, your real estate agent is ready to respond to your home selling concerns and queries at any time. If you ever have questions about how to price your home competitively or how to proceed with an offer on your house, your real estate agent will be able to offer expert guidance.

With an experienced real estate agent at your side, you can navigate the home selling process with ease. This real estate professional will go the extra mile to ensure that your residence will impress homebuyers. As a result, your real estate agent can help you gain a competitive edge over home selling rivals.





Posted by Colleen Griffin on 7/16/2018

Looking to sell a house for the first time? Ultimately, your home's curb appeal may dictate how quickly you can proceed along the home selling journey.

Typically, a house with an awe-inspiring exterior will make a great first impression on homebuyers. This means homebuyers may become more likely to pay attention to this home over others and submit an offer that matches or exceeds a home seller's expectations.

On the other hand, a home that has a messy, uncut front lawn, cracked and chipped exterior paint and other exterior problems is unlikely to generate substantial interest from the right groups of homebuyers. As such, this home may remain on the housing market for an extended period of time.

Lucky for you, we're here to help you upgrade your house's curb appeal before you add your residence to the real estate market.

Now, let's take a look at three tips to help you bolster your home's curb appeal and increase your chances of a fast, profitable home sale.

1. Take an Objective Look at Your Home's Exterior

For first-time home sellers, it is important to do everything possible to guarantee that a residence stands out from the competition. And with a few simple home exterior improvements, a home seller can improve a house's curb appeal quickly.

Home exterior maintenance like mowing the front lawn, clearing debris from walkways and trimming the hedges can make a world of difference in the eyes of homebuyers.

Also, if you want extra help with home exterior tasks, don't hesitate to reach out to landscaping companies or other home exterior maintenance professionals. These home exterior experts should have no trouble helping you transform an ordinary home exterior into a dazzling one.

2. Conduct a Home Appraisal

A home appraisal offers a wonderful opportunity for a first-time home seller to identify potential home exterior issues and address such problems without delay.

During a home appraisal, a property inspector will assess a house both inside and out. He or she likely will spend several hours analyzing a house's strengths and weaknesses. Then, when the property inspector's evaluation is complete, he or she will provide a report that details the assessment findings.

A first-time home seller should analyze a home appraisal report closely. By doing so, this home seller can find out what it takes to upgrade a house's exterior and map out assorted home improvements accordingly.

3. Consult with a Real Estate Agent

If a first-time home seller is unsure about how to improve a house's curb appeal, consulting with a real estate agent is ideal. This housing market professional can offer honest, unbiased home exterior improvement recommendations to help a home seller bolster a house's curb appeal.

Furthermore, a real estate agent is happy to respond to a home seller's concerns and questions throughout the home selling process. He or she will serve as a home selling guide and do everything possible to help a home seller achieve the optimal results.

Take the guesswork out of boosting a home's curb appeal first-time home sellers can use the aforementioned tips to enhance a house's curb appeal in no time at all.





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.







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