Are Renovations Worth Risking Your Top-Dollar Home Sale?

Key Takeaways:

  • As a seller, you have to consider which home renovations are worth spending the additional time and money on before you list.
  • The local market is starting to shift towards buyers, so now is the time to sell your home before prices flatten out.
  • Lean on our expertise to determine which projects will increase your return on investment—we have the seller resources you need to enhance your home sale.

Does Your Home’s Right Buyer Want a Move-in Ready Home?

Many sellers are wondering whether they should sell their homes as-is (without any improvements) or delay listing their properties to complete some renovations. With the upcoming market shift, it’s important for sellers to consider which improvements are worth spending additional time on before listing. And while there is no surefire answer, we always recommend relying on your listing agent’s expertise to navigate the home-selling process.

Your listing agent should have insight into the right buyers for your particular home, so consult with them to ensure your property is catering to its target market. According to Rocket Mortgage, the average price of a move-in ready property is $250,495, compared to the discounted $199,819 price tag of the average fixer-upper. So if you’re a homeowner wondering if renovations will attract more buyers, the answer is that it really depends on how much time and effort you want to put in. And while we can’t predict what every buyer’s preference will be, we do have some strategies to determine if certain projects are worth the selling delay.

Return on investment should be top of mind

When it comes to selling homes, we always have the same top priority—earning you top dollar. Selling your home for the best possible price should be your ultimate goal; so you have to ask yourself how you’re going to accomplish that. When in doubt, here are two things to consider: which improvements will be worth the additional costs, and which projects will gain the greatest return on your investment.

To put it plainly, some renovations simply aren’t worth the additional costs. You have to be strategic when deciding which renovations to make—and on the flip side, you also have to consider what buyers want. For instance, a home’s kitchen is always a huge selling point, so that may be a good place to implement some changes.

Minimal upgrades may be the way to go

As a seller, you have to consider both your budget and timeline before you list. If you want to sell your home quickly, then you probably shouldn’t tackle a full-fledged kitchen remodel. However, if you’re determined to earn an extra dime by doing a long list of renovations, then you just have to be okay with the selling delay.

Throughout our years of successful home sales, we’ve noticed a common theme: minor upgrades have huge earning potential. Completing a few short-term projects, such as painting interior walls or sprucing up your landscaping, won’t take long. However, they’ll certainly amp up your home’s appearance. Plus, a few tweaks here and there—replacing door knobs, updating light fixtures, or fixing leaky faucets—will take your home from a work in progress to a move-in ready masterpiece.

Sell now before the market shifts

You may be wondering, what’s the big rush? Well, real estate experts are predicting a market shift—so by waiting to sell your home, you could lose out on thousands of dollars of equity. Increased housing inventory and slower price appreciation are just two indicators of the upcoming shift. As new inventory begins to increase, now is the time to list your home before prices level out.

Put Success on Your Side

In today’s shifting market, you have to move quickly towards what you want. If you’re unsure of what steps to take next, our team is prepared to walk you through the home-selling process—and we’re here to ensure you receive the highest return on your investment. Contact us to learn more about listing your home, or you can always come to us with any selling questions!

How to Choose a Seasoned Agent for Your Home Sale

Key Takeaways:

  • Selling your home is a chance to maximize your equity, so you owe it to yourself to find the perfect listing agent.
  • Searching for a listing agent is just as important as your home search, so make sure to meet with at least three candidates before making a decision.
  • We’re telling you the must-ask questions to track down a listing agent—and now, you can put our team to the test when you list your home with us!

Home Sellers, Don’t Settle For Second Best

Many sellers are under the impression that any listing agent can sell their home instantly for the best possible price—but that’s simply not the case. Did you know that 77% of home sellers only contact one agent before listing their home? When it comes to trusting someone with your biggest investment, it’s crucial to do plenty of research to find the right fit. And you should never settle for second, which is why we recommend meeting with at least three agents before making your decision. We’ve outlined some must-ask questions to help you track down the perfect listing agent!

What’s your marketing plan?

tripod set up for property pictures

The best way to sell your home is to expose it to as many prospective buyers as possible, which requires a strategic marketing plan. Ask potential agents about their specific marketing tactics, and you can even have them provide examples from past clients. Just listing your home online and scheduling an open house shouldn’t be the extent of an agent’s marketing plan. As agents who have crafted masterful marketing plans ourselves, we have the data to target your home’s most likely buyers—and even more importantly, we know exactly how to reach them.

How long have you been working in real estate in my area?

realtor walking outside

Almost every agent can boast “decades of combined experience” when it comes to their team’s time working in the real estate industry—but what about selling homes in your specific area? Real estate isn’t the same everywhere, which is why you should choose an agent who is local to your area. This way, you can be confident knowing that your home will be competitively listed in comparison to other properties in the area. And if your agent happens to also work with buyers in the area, then they may be able to direct them to your listing!

How many active clients do you work with at one time?

realtor and client meeting

One of the most important things to analyze about your potential agent is their availability. When asking about an agent’s active clients, you want their answer to fall within a sweet spot range—not having many clients can be a red flag, while trying to sell too many properties at once may mean they can’t provide the personalized experience that you deserve. Working with around 10 to 15 clients at once is pretty standard and should still allow for plenty of one-on-one time between you and your potential agent.

Tell me more about your pricing strategies

discussing home pricing strategies

As a seller, you want to choose an agent who can deliver a top-dollar home sale. A seasoned agent can determine the value of your home in a snap—during your first meeting, go ahead and give them details about your property and ask them for a competitive list price. By doing this, you’ll be able to gauge the agent’s pricing expertise on the spot and ensure they give you a realistic amount. A qualified agent will take into consideration other recently sold homes in the area and ask about any renovations you’ve completed.

And finally…what’s your specialty?

realtors reading property blueprint

While many listing agents have ample experience across the board, many also specialize in certain types of real estate. Whether it be new construction or luxury properties, it’s crucial to see whether an agent’s specific skill set aligns with the features of your home. And don’t be shy about requesting a sold portfolio—this way, you can see if any of the agent’s sold listings are similar to your property.

Use Our Local Expertise—List Your Home With Us

When it comes to selling your home, choosing the right agent matters more than you think. If you want to work with professionals who know the local market better than anyone else, then you should contact one of our listing agents. We have a wealth of cutting-edge seller resources, in addition to our unparalleled passion for earning our clients top dollar on their home sales. We’ve clued you in on all the tough questions to ask, and we’re more than ready to share our expertise with you!

Our Full Guide to This Winter’s Cooled-Down Market

Key Takeaways:

  • According to this winter’s market forecast, there’s going to be a flurry of new housing inventory that benefits both buyers and sellers.
  • More housing inventory provides additional options for buyers and newfound confidence for sellers who need to find a home after they list.
  • Thinking about making a move? It’s not too early to begin planning—and by starting now, you’ll be settled in your next home by the new year!

The Winter Weather Forecast Is Calling for a Cooled-Down Market

It might still be the beginning of autumn, but it’s never too early to start planning a successful home sale! If you’re thinking about listing your home this winter, you should expect the market to look a little different by the end of the year. Winter is usually the quietest time for real estate, which means you can look forward to a cooled-down winter market forecast. A slower-moving market will give sellers more time to prepare their listings and peruse the market for their next homes.

Here’s what more housing inventory means for sellers

homeowners meeting with realtor

After enduring a red-hot sellers’ market so far in 2021, this year’s winter market forecast is finally calling for increased housing inventory. More homes on the market means two things for sellers: they gain more time to prepare their listings, but they might need to do a little more to stand out from the competition.

With additional properties expected to hit the market this winter, we want to make sure you get your home listed before our area gets snowed in with sellers. From highlighting your home’s top features to marketing it to targeted buyers, we can sell your property for top dollar in no time.

Homebuyers, your holiday present is here

homeowners hugging in kitchen

Instead of a present under the tree, what if we could give you a new home instead? Current predictions indicate an onset of new housing inventory this winter, which means more options for buyers. So bundle up buyers—it’s finally going to be your turn to make a move in the market. More housing inventory and continually low interest rates could lead to a long-awaited decrease in home prices, all of which will help create a more balanced market.

As your local area experts, we know how to land your dream home in just the right community. So whether you’ve been browsing for your next home or already know you’re going to need a house after you sell, you can count on us to find your perfect place. And by using our comprehensive market reports, we can help you secure a home within your budget, too!

Now’s the time to take advantage of this year’s wintery market mix

couple meeting with realtor over coffee

While it might be tempting to put off listing your home until after the holiday season, you never know when the market is going to shift again. Trying to time the market is one of the biggest mistakes you can make as a homeowner, and we’re here to assure you that this winter (or even fall!) is the time to make your real estate move.

Both buyers and sellers can take advantage of this year’s wintery market mix of competitive listings and increased housing inventory. New properties on the market will provide buyers with more housing options to choose from, and sellers can list their homes knowing that they’ll be able to find a new place after they sell. And if you’re listing soon, you don’t have to worry about making your property stand out—our top-notch agents can handle all the details.

Ready to Slide Into the Market This Winter?

Hop on your sleds, we’re ready to help you slide into the real estate market this winter! Buying or selling your home—even during the holiday season—doesn’t have to be stressful. Allow us to handle all the details of your real estate transaction for you this winter, so you can be settled in your next home by the new year!

Your Comprehensive Guide to Picking the Perfect Neighborhood

Key Takeaways:

  • If you’re thinking about buying a home, it’s important to choose the right neighborhood, especially if you care about resale value.
  • Certain neighborhood features can increase your home value—and make you feel right at home in your new community.
  • When it comes to your home search, we have some features to keep in the forefront of your mind to make sure you pick the perfect (and most profitable) community!

Here’s What Affects Your Home Value Every Time

When it comes to your home search, finding a house in the ideal neighborhood is half the battle. Your future community is going to decide how close you are to nearby conveniences, what qualities your home possesses, and the people who are going to be your neighbors.

A home’s value is determined by how much prospective buyers in the market are willing to pay for your property, but we understand that each buyer is unique. While one buyer may prioritize nearby employment opportunities, another might place more weight on local entertainment or neighborhood amenities. However, property values are always impacted by one component—where they’re located.

If you’re on the hunt for your next neighborhood, consider this your step-by-step guide on how to pick the perfect community!

Location, location, location

You’ve probably heard this before, but it’s so important that we have to repeat it—location is everything when it comes to making a good investment in your next home. Think about it: typically, all the homes in a neighborhood, regardless of size or condition, fall within the same price range. Therefore, when it comes to valuing a property, location matters more than even the home’s characteristics.

When an appraiser is assigning a value to a property based on its location, they look at three primary factors—the reputation of local schools, employment opportunities, and proximity to entertainment. In addition to these factors, a home’s distance to everyday necessities, such as highways and public transit systems, play a crucial role in increasing its value.

Neighborhood amenities are must-haves for more value

What could be better than having a host of amenities available right outside your front door? Neighborhood niceties such as community clubhouses, golf courses, and pools are often at the top of buyers’ wishlists when searching for a new home. All these features and more foster a fun, inclusive environment of community involvement. Plus, a spacious clubhouse serves as the prime venue to host events that are sure to bring the neighborhood together!

In addition to a neighborhood’s current conveniences, you can research any future upgrades your community has coming through its digital planning documents. These documents should outline what improvements are planned for your neighborhood—like nearby shopping centers, schools, or parks—and when they’re going to be completed. Plus, it’s always a good idea to check and see if a neighborhood has a homeowners association. Your HOA will have a hand in maintaining and enhancing the community’s value over time.

Other conveniences you should consider…

At this point, you’ve probably considered some basic factors like nearby attractions, commute times, and all the amenities a neighborhood has to offer—but what about the everyday conveniences? To take your home search to the next level, you have to think about the seemingly small details. When evaluating your neighborhood’s location, cover your bases by mapping out the distances to the nearest medical centers, airports, and grocery stores—believe us, you’ll be thankful for this when you forget to buy eggs.

In terms of expenses, everyone has to pay utility bills, so you can save money by looking at who your local providers will be ahead of time. And speaking of planning, we recommend working with your agent to determine how your area’s property taxes will fit into your home-buying budget.

Ready to Find Your Perfect Fit?

All these features are things you should be on the lookout for during your home search—and remember, the surrounding community is equally as important as the individual home when it comes to finding your perfect fit. As your local real estate agents, we’d be happy to help you find your dream home in just the right neighborhood—all you have to do is give us a call!

Reap the Benefits of Your Realtor Even After You’ve Moved

Key Takeaways:

  • Our real estate expertise goes far beyond just buying or selling your home—you can rely on us for quality resources before and after you’ve moved.
  • Whether you’re searching for the best local handyman, a notary, or something else entirely, you can trust our vetted providers to get the job done.
  • If you ever need a real estate recommendation—today or years down the road—just give us a call for personalized advice!

Unlock Our Exclusive Real Estate Recommendations

We like to consider ourselves real estate experts, and we love being able to share our knowledge with you! Throughout our years of working in the housing market, we’ve formed deep relationships with not only our clients, but with local trusted businesses, too. We’ve vetted these vendors ourselves so that you don’t have to play the costly game of trial and error.

Need some personalized recommendations or strategic advice? Here’s how your agent can serve you even after you’ve moved.

Sellers, we don’t stop at “SOLD”

couple with a sold sign

When we say we’re by your side every step of the way, we mean it—which means our services never stop at “SOLD!” Whether we’ve just listed your home or already sold it, we know there’s always more work to be done. Seemingly small details go a long way in making a house a home. We’ve worked with the best professional landscapers, painters, and cleaners in the area—all contacts you need to put the finishing touches on your space.

We consider our clients to be one of our own, which means our exclusive buying and selling resources are always available to you. At any time, you can see if your home value has increased using our free estimator or jumpstart the buying process after you sell with our advanced search tool. Our real estate professionals have gained invaluable experience in working with our clients, so we try to return the favor whenever possible by providing in-depth insight.

New homeowners, you’re not done with us yet

Couple holding keys to a home

We loved helping you find your dream home so much that we want to keep working with you—and honestly, we think we’re going to need each other! Homeownership is a huge investment, so you want your new place to be in tip-top shape at all times.

First things first, it’s important to change your locks when you move into your home, since you don’t know who might have a copy of your keys. Don’t know of a local locksmith? Don’t worry, we’ll open some doors for you! Don’t let a household repair linger just because you don’t know a trusted provider who can get the job done. Whether you’re looking for a handyman to lend a helping hand on a home project or need repairs for your HVAC, you can count on our personalized recommendations for the most reliable providers in the area!

And for when you’ve been watching (maybe too much) HGTV

Older couple talking about renovations

We get it, watching Fixer Upper makes you want to DIY your entire home, especially if you’re thinking about listing soon or just moved in. But for when you’re not in the mood to do it all yourself, we’ve got contacts for everything from new light fixtures to full-on home renovations. Our desire for you to live in your dream home doesn’t stop when you sign the closing documents, and we will always be available to help with any home improvements.

Want Access to Our Preferred Vendors?

Working with a top-notch real estate agent means you’ve gained a partner for life. So when anything comes up in your buying, selling, or homeownership journey, just give us a call!

Whether you’re at the beginning of the selling process or have already bought your dream home, you can always rely on us to connect you with the area’s best vendors. Contact us today for any recommendations you may need—and don’t forget, we’re locals too, and we love to catch up with our clients!

What Every Seller Should Know About Home Inspections

Key Takeaways:

  • Even in today’s hot market, it’s not uncommon for buyers to request an inspection before purchasing a home.
  • Believe it or not, there are a few steps you can take as a seller to prepare for your home’s big assessment.
  • If you’re ready to list and sell in no time at all, contact us to get the ball rolling!

4 Tips to Help Sellers Ace a Home Inspection

Home inspections—almost every buyer wants one, and they’re often a necessary part of the selling process. Even in 2021’s competitive market, it’s not uncommon to see an inspection contingency attached to an offer, and many sellers have a few questions about what exactly they entail.

Want to learn the secret to acing your inspection as a seller? Here are a few tips that can help you prepare for your home’s big close-up.

Get a pre-listing inspection

Reviewing home inspection report

Even if your home seems move-in ready, it might still have a few issues you don’t know about. This is why many agents recommend getting a pre-listing inspection to uncover any problems ahead of time. It might cost a bit out of pocket, but it will help you know exactly what you need to fix before your home hits the market. Pre-listing inspections also prevent any surprises down the line and give you more control over the sale.

After your inspection, you can choose to repair any problems or simply let buyers know about them. If you have any questions about what should or shouldn’t be updated, just ask your agent for advice.

Don’t conceal any known problems

Home inspector looking at stairs

Most states require sellers to disclose a home’s known defects, even after they’ve been repaired. While it may be tempting to conceal these issues, doing so can come with serious legal ramifications.

For example, if your home has known water leaks or you’ve made major structural repairs, you’ll likely be required to communicate them to potential buyers. Home inspectors will take your disclosures into account during their analysis, so it’s important to be as truthful as possible. Luckily, your agent can serve as a helpful resource for understanding necessary disclosures!

Do a little prep work

Gathering receipts

Preparing for a buyer’s inspection shouldn’t involve expensive repairs. If your home is already clean and properly staged, there’s actually not a lot you have to worry about. However, there are a few steps you can take to get your space ready for inspection day.

Start by gathering all documents relating to your home—that includes proof of services and receipts from big-ticket purchases (like HVAC systems or appliances). You should also replace your air filters, check your light bulbs, eliminate clutter, and do a quick once-over of your home to make sure everything is in working order.

Know how to negotiate

Real estate agent helping sellers negotiate after an inspection

During an inspection, a qualified professional will spend a few hours examining your home from top to bottom. Generally, they’ll check major components, such as your roof, electrical wiring, plumbing, the foundation, HVAC systems, and all major appliances. It’s normal for an inspector to uncover a few issues—but after the inspection, the ball is back in your court.

In most circumstances, a buyer will request repairs or credits once they review the inspection report. But in today’s seller-driven market, some buyers only conduct an inspection for informational purposes. If you have any questions about post-inspection negotiations, it’s best to defer to your agent. They have the expertise you need to secure the best possible deal.

Looking for More Selling Tips?

Whether you’re eager to list or just have a few questions about selling, you can always give us a call for personalized real estate advice. We’re here to help you navigate every step of the home-selling process, and we can even tell you how much your home is worth in 2021’s crazy market.

Ready to get started? Drop us a line—we look forward to teaming up with you!

Exposing the 4 Factors Agents Use to Price Your Home Right

Key Takeaways:

  • Before you list your home, it’s crucial to understand how much a buyer would be willing to pay for it.
  • Your agent will use a variety of factors to determine a competitive list price—and some of them might be a little unexpected.
  • If you’re looking for a fast and accurate way to price your home, we’re here to help. Contact us today for a complimentary estimate!

4 Surprising Factors That Go Into Pricing a Home

Pricing your home to sell quickly—even in today’s hot real estate market—is all about balance. You want to price low enough to attract potential buyers, but high enough to profit from your equity. And while it may be tempting to use automatic estimators, it’s best to leave the number-crunching to your agent.

Need help determining the perfect price? Here are a few factors your agent will take into consideration when valuing your home.

Your home’s size and condition

House with coin stacks

This may seem like a given, but a home’s size, condition, and features play a huge role in how much it’s worth. Before you list, your agent will perform a walkthrough of your home to thoroughly evaluate its saleability. If your space is move-in ready and well-maintained, you’ll have more luck setting a higher asking price.

Many sellers are under the impression that big-ticket upgrades will drastically increase their home’s value, but this isn’t always the case. Before you make a significant change, ask your agent for their professional opinion. Believe it or not, smaller touches (like updating hardware or repainting) can have a better return on investment than a full-scale renovation.

Location

Map with pin

Real estate is all about location, and there are a few general factors that tend to boost property values. Typically, agents will price a home based on local schools, nearby employment opportunities, and proximity to amenities. Houses in more desirable neighborhoods or communities also tend to command a higher list price.

Above all, most buyers are looking for homes that offer the perfect blend of privacy and convenience. Being close to (but not right next to!) highways or public transportation is another huge plus.

Other recently sold homes

Sold home sign

One of the best indicators of your home’s value is the sale price of other listings in your neighborhood. Your real estate agent should conduct a comparative market analysis—abbreviated as CMA—to see how your home stacks up against the competition. By looking at recently sold homes that are similar to yours, they can calculate a fair and accurate price.

After your agent has assessed your home, they’ll likely send you a CMA report that contains their projected price, along with data from other comparable homes. A great agent will also be available to answer any questions, too!

Current market trends

Houses on a graph

Even if your home is in perfect condition, in the best location, and boasts quite a few upgrades, the current state of the market can have a huge impact on its overall value. And in today’s seller-driven market, homes are now worth more than ever before.

Just last year, home prices surged by 15%. To put those numbers into perspective, that’s a $45,000 increase for a $300,000 home. If you want to take advantage of these unbelievable conditions, now is the time to list—and we’d love to help!

Get Your Updated Home Value

Whether you’re just curious or are ready to sell, you can trust our team to calculate your home’s true market value. Request a free home valuation today, or reach out to us to learn more about 2021’s hot real estate market. There’s never been a better time to list!

3 Reasons All Buyers and Sellers Should Use Listing Alerts

Key takeaways:

  • Listing alerts send new homes straight to your inbox as soon as they hit the MLS, and they’re the easiest way to keep up with the competitive market.
  • Listing alerts aren’t just useful for buyers—they can also help sellers stay up-to-date on other current and sold properties in their neighborhood.
  • Signing up for listing alerts only takes a minute, and you can always contact us to schedule a tour if you see a property you love!

Why Every Buyer and Seller Should Sign Up for Listing Alerts

Today’s real estate market is more fast-paced than ever—in fact, it’s not uncommon for a home to sell above asking price not long after it’s listed. So if you’re serious about buying, you need a to-the-minute resource to help you stay ahead of the competition.

This is where listing alerts come in handy. Just use our fully customizable filters to narrow down your search, and you’ll receive an email right when a home matching your criteria hits the market. And if you’re thinking about selling, you can also use listing alerts to scope out the competition in your neighborhood.

Want to learn even more about the benefits of signing up for listing alerts? Here are three additional perks that every buyer and seller should know about.

You’ll immediately see listings that match your criteria

Couple searching for a home online

Your home is likely one of the biggest investments you’ll ever make, which means it’s okay to be a little picky. Our listing alerts can be customized to your exact parameters, so you’ll know as soon as the right property becomes available. Take a look at our easy-to-use search tool to get started—we have filters for price, size, neighborhood, and even specific home features!

You can create a portfolio of your favorite homes

Couple using a tablet to search for a home

When you sign up for our listing alerts, we’ll automatically create a personalized property organizer to help you keep track of all your favorite homes. Not only is this feature easy to use, it also allows you to save the listings you want to see in-person. You can even use your property organizer to schedule a showing, take a virtual tour from the comfort of your couch, or get in touch with a local agent for more information.

Sellers can keep up with sold listings, too

Recently sold home

If you’re like most buyers, you probably have an existing home you need to sell before you make a move. That’s why we designed our listing alerts to work with both active and sold homes. All you have to do is set your desired criteria, and we’ll send over listings right when they go under contract.

Wondering how listing alerts benefit you as a seller? By scoping out sold homes in your neighborhood, you’ll get a better idea of how fast and how much your home could sell for—you might even pick up some staging tips along the way, too. As if that isn’t enough, you can also browse other current listings to get a better idea of your competition!

Get the Latest Homes Sent Straight to Your Inbox!

Ready to sign up for listing alerts? We’re here to help! Contact us today to set up your first alert—we’d be happy to guide you through the process if you have any questions. And if you’re thinking about buying or selling soon, drop us a line for even more helpful information. We’re always here to lend our expertise.

Why You Shouldn’t Wait Until Spring to Sell Your Home

Key Takeaways:

  • After a turbulent 2020, many homeowners are holding out until spring to list their properties.
  • Though spring is usually the busiest season for real estate, now is the time to take advantage of high prices, low interest rates, and skyrocketing demand for homes.
  • Not sure when to list? Get in touch with us today to explore your options!

Here’s Why Sellers Should Capitalize on 2021’s Hot Winter Housing Market

It’s safe to say that 2020 was a challenging year, both in real estate and for the world as a whole. And as we celebrate new beginnings, many homeowners are pondering a move at some point during 2021. Traditionally, spring is considered the best time of year to sell a home—but thanks to a number of factors, this is no longer the case.

Still not sure if now is the right time to move? Here’s why you shouldn’t wait any longer to put your home on the market.

You won’t have much competition

Modern for sale sign

If you haven’t seen as many “For Sale” signs in your neighborhood recently, you’re not alone. According to the National Association of Realtors, available inventory has plummeted by nearly 40% over the last few months, which is fantastic news for today’s sellers. 

Dwindling supply and high buyer demand will put your home in the spotlight if you decide to list this winter, and it means you’ll be in the driver’s seat during negotiations. Because there are fewer homes on the market right now, you also won’t have to compete with other sellers waiting to move in the spring. 

Interest rates are still low

House with coin stacks and percentages

Interest rates reached record lows in 2020, which tempted many buyers to enter the market even amidst a pandemic. In November, rates actually dipped below 2.3%—that’s the lowest they’ve been in recorded history!

Most experts believe interest rates won’t spike during 2021, but we’ll probably see some slight increases as the economy continues to bounce back. Listing your home before rates go up comes with a lot of benefits, and it might even be the smartest financial decision you ever make.

Low interest rates help drive buyer demand and make homeownership more affordable. As a seller, that means you’ll draw in a larger audience of financially-qualified buyers and maybe even sell faster than you expect. If you plan on buying another home, you’ll be able to secure a great rate, too.

Home prices keep rising

Calculating home prices

If you’ve lived in your current home for more than a few years, now could be the perfect time to sell and cash in on your equity. In a recent study, the National Association of Realtors found that home prices have increased by a whopping 13.4% since 2019. In 2021, prices are expected to increase by 8%—and in 2022, that projection drops to just 5%.

While it may be tempting to “time” your sale to get the best possible price, selling your home when you know the market is doing well is a surefire way to yield an impressive profit. And if you’re ever curious about how much your home is worth right now, you can always ask your agent for a free home valuation.

The market could change before spring

Aerial shot of a suburban neighborhood

As the market continues to recover, it’s still hard to know what will happen in 2021—after all, nobody predicted last year’s pandemic and economic collapse! Most experts aren’t expecting another sudden crash, but that doesn’t mean you should wait until spring to list your home.  

Right now, we’re seeing a record amount of home sales, as well as a surprising number of motivated winter buyers. So if you want to be smart about your move, it makes sense to sell sooner rather than later.

Get the Most Out of Your Home Sale

If you’re thinking about selling your home this winter, contact us today to get started. We have plenty of resources to guide you through every step of the process, and we can even help you buy your next home after you sell.

Want to know how much home prices have risen in your neighborhood? Be sure to ask about our complimentary home value assessment!

4 Bright Ideas for Staging Your Home with Lighting

Key Points:

  • When it comes to selling your home, staging is the easiest way to make a great first impression both online and during an in-person tour.
  • Focusing on the smaller touches can really impress buyers—and lighting is an important detail you should never overlook.
  • Looking for more easy tips to transform your home and get top dollar in no time? Drop us a line for even more staging advice!

Staging Before You Sell? Don’t Overlook Your Home’s Lighting!

You’ve probably heard that staging is an essential step to drawing in buyers. Most real estate agents will tell you to stick with neutral decor and depersonalize as much as possible before your home hits the market. However, that doesn’t mean you shouldn’t make a few subtler changes, too.

Looking for an easy way to accentuate your home’s best features? Try framing them in the right light—literally. Bright, ample lighting will give your space a glow buyers will love, and it can even make your house seem larger and more open. Here are some easy ways to ensure your home is perfectly lit before your next showing.

Choose the right bulbs

The quickest way to boost your home’s brightness is to swap out low wattage incandescents in favor of LED (light-emitting diode) or CFL (compact fluorescent) bulbs. They’re slightly more expensive, but the payoff is worth it—your rooms will feel much more spacious, and they can last for up to 50,000 hours.

Nowadays, LEDs and CFLs come in a variety of shapes, sizes, and colors. If you’re looking to add a warm glow or make a room feel cozy, try going for a soft white bulb. Cooler bulbs create an energizing atmosphere better suited for task lighting, bathrooms, and kitchens.

Swap out old fixtures

Take a look at the light fixtures throughout your home—are they looking a little dated? You may not mind that old ceiling fan light or tarnished wall sconce, but buyers will likely notice them. While you don’t have to replace every fixture in the house, updating the ones in your main living areas will make your space appear more on-trend.

You want to keep your lighting neutral, and incorporate matching finishes wherever possible. If you’re not sure where to start, consider replacing your kitchen lights with stylish pendants. Swapping out an old chandelier for a lantern or orb-style fixture can breathe new life into your dining room. And when it comes to the bathroom, try to choose sconces with clean, simple lines.

Layer your lighting

Layering your lighting is just like arranging furniture; if done correctly, it can enhance the size and feel of an entire space. You should aim for three different types of lighting in each room: ambient (overhead), task (reading or desk lights), and accent (table or floor lamps). This forms a cohesive level of light throughout your home.

Don’t be afraid to get creative with your lights. You can add both form and function with some under-counter lighting or by installing a dimmer switch on an overhead fixture for more customization. The possibilities really are endless—if you’re in need of some ideas, just ask your agent!

Amp up the natural light

Today’s buyers want homes filled with natural light. So if you have a room that gets a lot of sun, throw back the drapes and open the blinds before a showing.

Looking for additional ways to create a sun-bathed glow? Think about painting your walls in lighter colors—like white, grey, or beige—or using a higher gloss finish. You can also accessorize with mirrors or shiny decor to reflect light throughout a space.

Looking for More Home Staging Tips?

Staging your home doesn’t have to be hard when you have the help of a top-rated agent! Contact us today for even more exclusive selling tips—we’d love to get your property market-ready and maximize your potential profits. And if it’s been a while since you checked up on your home’s current value, feel free to ask us for a complimentary equity assessment.