3 Things You Need to Know About Buying a House in Summer

Summer is one of the busiest times of the year for the real estate market. It provides the perfect opportunity for aspiring homeowners to find their dream home. The weather is warm, the kids are on vacation, and they can settle in on their new home before the school year starts.

If you are considering buying a house this summer, then this blog post is for you. Here are 3 things you need to know about buying a house in summer.

The inventory might go down

Most sellers wait until spring to list their homes, so there are lots of inventories in spring and summer. Most buyers don’t want to wait until the end of the summer to buy a house. Many of them are looking to speed up the buying process as they want to move in and settle in their new home before the school year starts.

Some sellers, on the other hand, would take their homes off the market temporarily by the end of the summer. Considering how exhausting and stressful selling a house is, they use this time to go on a vacation with their family. Expect a reduction in inventory at the end of the house. Majority of the house may have already been sold, while others were taken off the market temporarily.

Consider fixer-uppers

Finding a big house in a good location and affordable price is a dream most aspiring homeowners share. In a tight housing market, there is often a shortage of modestly-priced, move-in ready homes. As an alternative, you may want to look at fixer-uppers. With a little elbow grease and some creativity, you can it into your dream home.

But before buying a fixer upper, we highly recommend that you hire a home inspector. A home inspection will give you a good idea about the overall condition of the property. If the house has some minor issues that can easily be fixed, then go ahead with the purchase. If

Cash is king

The competition is high during the summer. This isn’t the time for low ball offers. If you are serious about buying the house, make sure that you make the strongest offer. The best offer doesn’t always equate to the highest offer.

Cash is still king when it comes to home buying. In a hot market where there are multiple offers, sellers often choose an all cash offer over those with FHA or conventional loan financing. With the money on hand, it eliminates the risk of closing delays. Since the buyer doesn’t need to obtain a home loan, they no longer need to wait for 30 to 45 days. Closing can take place in as little as 7 days.

Mistakes to Avoid with Real Estate Listing Photos

The vast majority of people rely on the internet. Most people would go online to find answers to their questions, do research, find restaurant suggestions in their area, and even find their dream home.

According to the National Association of Realtors, 84% of homebuyers turn to the internet as their first step in the home buying process. They would scroll though hundreds of online listings in the hopes of finding their dream home. Considering the supply of homes on the market today, you need to make sure that your listing photos shine. Otherwise, your property may end up lingering on the market.

Avoid these photography mistakes when listing your property.

Skipping the pre-planning stage

Listing photos are one of the most important factors that will determine how fast you can sell your house. You can’t just grab a camera and start snapping some photos. It requires a little bit of planning and staging. Clean and organize the house as if you are about to show it to a potential buyer.

Staging a mess

When selling a house, you want to present your house in the best light possible. As such, you want to make sure that the house is clean and clutter-free before you start taking photos. Capturing the mess can be a deal breaker for potential buyers, and will prevent them from inquiring further.

Blurred photos

People love looking at beautiful things. If you want to capture the attention of prospective buyers, make sure that you use good quality photos in your real estate listing.

Although most smartphones today take decent photos, it is best to use a good quality camera when taking photos of your property. If you have the budget, we suggest that you hire a professional photographer. This way, you can be sure that you’ll get amazing photos. Good quality and visually appealing listing photos will help you sell your home fast.

Using fish eye lens

When used properly, fish eye lens can actually make images more interesting. Fish eye produces a strong visual distortion. Some people use it in the hopes of making a small room appear bigger. In most cases, however, it makes the space look smaller and distorted.

But when it comes to real estate, you want your photos to appear as realistic as possible. Stick with traditional lens instead.

 

Tips for Buying a House in Winter

Most people put off buying a house ‘til spring because there are more properties to choose from at this time of the year. Spring is one of the busiest times of the year in the real estate market. If you decide to buy a house in spring, you are likely to find yourself in a bidding war. If that happens, you may lose the opportunity to buy the house of your dreams.

Why wait for spring? Winter is actually a great time to buy a house. Here are some tips for buying a house in winter.

Get pre-approved

Getting pre-approved is one of the most important things you should do once you decide that you want to buy a house. This will not only help you determine how much you can afford, it will also give sellers that impression that you are a serious buyer.

With a pre-approval letter on hand, you’ll have a competitive edge against other buyers. But since there fewer buyers during this time of year, doing this step early on will ensure that go you’ll go though the buying process smoothly.

Use your imagination

Most people wait until spring to sell their home. If they decide to put their house on the market in winter, they are probably motivated to sell.

Some are in a hurry to sell that they don’t have time to renovate their home. Others don’t have the budget to tackle some home improvement projects. They choose to sell in winter since they know that there will be less competition. They’ll no longer have to compete with newly renovated houses. Often, you may find properties with old carpets, white tile counters, and oak cabinets. It may not also look as great since it is covered in snow. Try to look past these things and use your imagination. Imagine how the house would look like once spring comes around. You may also want to give it a few touch ups to make sure it suits your taste.

Craft a competitive offer

Most buyers assume that they’ll get a good deal just because the market is a bit slow. Thinking that the owners are desperate to sell, some buyers would lowball their offer. Not only will it be insulting to the seller, you are also likely to lose the property.

There may not be lots of buyers looking around in winter, but you also need to keep in mind that there are also fewer inventories. If you lowball your offer, you’re just giving other buyer’s a chance to buy it. If you are serious about buying the house, craft a competitive offer.

Tips for Listing and Selling Luxury Properties

Tips for Listing and Selling Luxury Properties

Selling a house isn’t easy. It is a stressful and time-consuming task. But the level of stress and difficulty increases if you’re selling a luxury home.

Here are tips for listing and selling luxury properties.

Know your target audience

Not everyone can afford a luxury house. After all, these properties cost millions of dollars. In order to sell your home fast, you need to know who your target audience is and market your property to this particular demographic. Also, gain insight into the worldview of your potential buyers.

Use good quality photos and videos

When selling some of the highest-priced homes available, you really need to invest in good quality photos and videos. After all, luxury homes deserve professional photos. Spend the money needed to invest in the best quality marketing materials. Don’t scrimp on the photos.

You need to consider that some buyers may be coming from across the country to view your home. They want to make sure that the property is worth the trip. As such, many of them will want to check on the listing before they schedule a viewing. You need good quality photos that feature the best parts of the house. If possible, include a video tour of the house. This will help make your listing standout.

Price it right

Having the right listing price is one of the most vital elements in the sale of a luxury home. Luxurious properties have features like intricate security system, wine cellars, extravagant home theatres, and high end fixtures. All these should be taken into consideration when pricing the property for sale. The location and neighborhood also needs to be understood if you want to get the best price for your property. The price needs to be spot on if you want to sell your home fast and for top dollar. A real estate agent can help you with this task.

Hire a good real estate agent

There are a lot of licensed real estate agents out there, but many of them don’t have a clue when it comes to selling luxury properties. Considering the value of these properties, you want to find someone who will guide you through the selling process and help you achieve your end goals. You want to find an agent who is experienced and knowledgeable in selling luxury properties.

Effective marketing

Selling luxury properties is a lot different from selling regular houses. You need to market its features to the right buyers, sell it at the right price, and have a clear and focused strategy in place. You want to put forward a positive image of the home.

4 Ways to Supercharge Your Home’s Online Listing

Today’s homebuyers start their search online. They would go online and look for their dream home at the comfort of their home. Given the number of sellers who decide to promote their property online, you need to make sure that your listing quality is good, especially if you want to sell your home fast. The better your listing looks, the faster it will be to sell your home.

Here are 4 ways to supercharge your home’s online listing. Use these tips to improve your listing quality and sell your property in the soonest possible time.

Upload good quality photos

In the age of the internet, listings with photos perform better than those without. Potential buyers use your listing photos to gauge whether or not they like your home. These photos will attract potential buyers; thus, making your listing more competitive. The key is to capture a set of attractive photos that will complement your online listing.

When selling your home, you want to make sure it looks its best. As such, we highly recommend that you stage the rooms before taking photos. Tidy up the room and make sure that everything is in order. Focus on the strengths of the property and skip rooms that detract from the overall impression you are trying to give. For best results, make sure you have a good quality camera. Any modern DSLR camera is recommended for this purpose.

Be descriptive

When selling a property, you want potential buyers to envision themselves in your home.  Tell people about all the great features of your home. Tell people about the lovely outdoor space, the newly renovated kitchen or the brick patio for BBQs. Make sure you’re actually providing value in your descriptions.

Sell them the dream neighborhood

The location is one of the most important things to consider when buying a house. Future owners can change certain features they don’t want in your home, but they can’t change the location and the neighborhood it is in.

If your home is located in a good neighborhood, we recommend that you mention it in your listing. Are there restaurants, boutiques, hospitals and schools nearby? Are there outdoor amenities like a community pool, bike paths or hiking trails near your home? Can you walk to public transportation? Let potential buyers know about it. Remember, you’re not just selling a house, you’re also selling a neighborhood.

Include your contact details

You created an online listing to reach potential buyers and to sell your property fast. But your listing will be of no use if buyers can’t get a hold of you.

When creating an online listing, make sure you include your contact details, your email address, as well as your availability. Make it easy for potential buyers to contact you.

Using Social Media to Sell Your Home

Let’s face it. Selling a home is a complicated process. While a real estate agent can help you market your home and negotiate with potential buyers, you can’t just sit there and let him/her do all the work. You can increase the chances of selling your home by incorporating social media in your home selling arsenal.

With millions and millions of people logging into their social media accounts every day, big businesses and local entrepreneurs alike have realized how powerful social networking channels are in marketing their businesses. If you are planning to put your home on the market, we suggest that you include social media as a part of your marketing strategy. When done properly, this will not only broaden the reach of your listing, it can also help sell your home faster.

Be creative

With so many businesses vying for people’s attention, a little creativity is a must if you want to boost your post’s reach and capture the attention of your target audience. Rather than simply saying, “home for sale”, make your caption more interesting. Remember, people are likely to share posts that are quirky, funny and unique.

Put family and friends to work

To boost your post’s reach, ask family and friends to share them. These people may not be in the market for a new home, but they may know someone who is.  Recommendations from family and friends can hugely affect a buyer’s decision.

Use images

You already know that real estate listings with good quality photos attract potential buyers. In social media, posts with relevant and high-quality images get the most likes, comments, and shares.

Natural light and space are the 2 most important qualities people are looking for when looking at houses online. Use a wide-angle lens to capture the full essence of a space. Also, be sure to take photos in the morning. Use natural light to your advantage.

Tips to Make Your Home More Appealing to Buyers

homeWhen it comes to selling your home, what buyers think of your home is what matters most. Therefore, it is important that you decorate your home in a way that would appeal to buyers.

If you are like most sellers, it is your goal to make your home stand out from the rest and be able to sell your home in a short span of time. Here are some tips that will help you generate interest and sell your house as quickly as possible.

Improve curb appeal

Some sellers are too busy staging their home that they sometimes forget to pay attention to their home’s exterior. Most buyers would drive by your home first before they schedule a booking. If your home looks disorganized on the outside, they may hesitate to see what’s inside.

Tidy up the front yard. Well manicured lawns, clean walkways and driveways will give buyers an idea that you take good care of your home. Also, consider repainting your front door if the paint is chipping or faded.

Make it look pretty

Before placing a “for sale” sign up in the yard, take a look at your home as if you’re a buyer. Try to improve your home’s aesthetics to make your home more memorable.

Clean your house and try to make it shine. If your window treatments are over 10 years old, it needs to come down, pronto. Also, consider giving dated bathrooms and kitchen a facelift. Don’t forget to de-clutter. Take a look at your personal belongings and try to get rid of some of the extra stuff. You have the option to put them in storage or give them to your family or friends. The more things you have inside your home, the smaller and more cluttered your house appears.

Price it right

If you want to sell your home fast, make sure it is priced appropriately. No matter how beautiful your home is, potential buyers may not be interested in it if it’s overpriced.

Top Reasons Why 2016 is a Great Time to Buy a House

dpgHomeownership has always been a part of the American Dream. For many of them, owning a house is an accomplishment. Even if it’s a condo unit or a starter home, you can proudly say that it is yours and you can do anything you want with it.

If you’ve been on the fence to buy a house, 2016 could be a great time to take the plunge. Here are 3 stellar reasons to buy a house this year.

More homes have hit the market

Home inventory is a lot better than it has been in years. With spring upon us, sellers who have waited to list their homes are now throwing that “for sale” sign up their front yard. In addition, builders often use spring to launch new developments, which means we are expecting more homes to hit the market anytime soon. With more homes on the market, buyers are less likely to find themselves in a bidding war.

Climbing rents

Rental rates are continuing to rise across the country. According to a market rental survey that was conducted by Rent.com during the last quarter of 2015, 88% of property managers are expected to increase their rentals by at least 8% this year.

With the rental rates increasing each year, it makes more sense to put your monthly payment towards mortgage than paying your rent. Why not invest on a property that can be passed along to your family rather than throwing your money on monthly rent?

Low interest rates

Interest rates are still at a historic low. In fact, you can get a 30-year fixed rate mortgage at around 4%, which is significantly lower than the 18% interest rate during the ‘80s. While there is a possibility that the rates will rise in the future, you can lock in on that rate and buy now. This way, you can save hundreds of thousands of dollars throughout the life of your mortgage.

 

Staging Tips That Will Help Sell Your House Fast

stagingtipsProper staging is the key to selling your home fast and for top dollar. Your home’s appearance plays a big role in how quickly you can sell your home. The good news is that you don’t need to spend a big amount of money just to make sure your home looks better than the competition.

Appeal to the greatest pool of prospective buyers with these home staging tips.

Let there be light

Dark and cramped rooms are a no-no for buyers. Keep the windows clean and open the curtains or blinds to let the sunshine in. Also, consider adding pendant fixtures with maximum watt bulbs to transform a dingy room. These techniques will brighten your chances of a sale.

Get your house sparkling clean

Homebuyers will scrutinize every room in the house. Do not attempt to hide your dirty clothes or clutter in the closet or cabinet because buyers will see those.

Kitchen counters should be clean and clutter-free. Bathroom tiles and toilet bowls must be scrubbed. Windows should be cleaned as well. Every surface should sparkle.

De-clutter

Potential buyers need to picture themselves in your home. That said, you need to get rid of personal items such as family photos, kid’s toys, personal collection and others. With that, you may need to get a storage unit where you can store your belongings temporarily. You can’t add square footage to your home, but decluttering will make your house appear bigger.

Boost curb appeal

Potential buyers will most likely drive by your house before scheduling viewing. These people will keep on driving if they don’t like what they see. Freshly painted front doors, blossoming flowers, neatly trimmed bushes and mulched beds all help make that crucial first impression. Remember, curb appeal is vital to attracting buyers.

Choose neutral colors

You can’t go wrong with rich, midtone neutrals like grey, beige, mocha, tan or off white. Paint the walls with neutral colors and then accessorize with items that complement the overall color scheme. This creates a sophisticated back-drop; thus allowing future owners to customize the room according to their style. Also, make sure that the master bedroom appeals to both sexes.

4 Features Homebuyers Are Looking for in a House

homeaspectsThose who are in the market to purchase a house have a list of features they want in a home. While every buyer is different, there are some common desires among homebuyers. You want to make sure you deliver on the features that buyers want most in order to help sell your home faster.

Let’s take a look at some of the most popular features potential buyers are looking for in their new home.

 

Good storage solutions

Buyers want a clean, uncluttered room. Since most people tend to accumulate a lot of things over the years, they find it difficult to find a place for all their belongings. In fact, lack of adequate space is one of the most common reasons people decide to move.

Ample closet and storage space is usually on top of the list of potential buyers. When showing your home, it is important that you showcase your storage and organizational spaces.

Neutral decor

Red may be your favorite color, but potential buyers may not be thrilled to live in a house with red walls or accessories. How you decorate your home can have a big impact on how fast your home can sell. Homes with neutral-colored walls and accessories seem to attract potential buyers.

Updated kitchen

Some sellers are hesitant to update the kitchen as they don’t want to spend thousands and thousands of dollars on a house they will no longer live in. But a few kitchen updates such as new plumbing fixtures, re-finishing kitchen cabinetry or re-painting the walls can improve the chances of selling your home.

Open floor plans

These days, the kitchen is considered as the social center of the home. This room is not just used for cooking and preparing meals, it is also used for entertaining guests. In that respect, buyers desire a house that has a floor plan that flows seamlessly from one room to another. This also gives parents the ability to look over their kids even if they are not in the same room.