Preparing a home for sale can be an expensive process if you’re not working with a professional. The cost for repairs, renovations, carpet cleaning, painting and more can really mount up long before the sign is in place and the home is actually ready for the market. Since most sellers consider preparations like these necessary, they are usually willing to bite the bullet and absorb these costs, knowing they will help to sell their home.
One area sellers often overlook is the staging of their home. Professional staging services can really help prepare a home to be listed, however many sellers find themselves shying away from the expense, especially when repair bills and other expenses have already made a sizable dent in the budget. Luckily, there are several ways you can stage your home easily without spending a great deal.
Stage Your Home For A Quick Sale
Real estate professionals place real value on the staging process. In fact, according to the National Association of Realtors®, 53% of sellers' agents say that staging a home decreases the amount of time it sits on the market. Additionally, 44% of buyer's agents say that staging a home increases the dollar value offered and 83% feel it helps buyers ‘visualize’ a home they are viewing as their future home.
Some of the most common rooms to stage are:
- Living Room (93%)
- Kitchen (84%)...
A home with a pool can have big appeal to the right buyer. However, not all home buyers are specifically seeking a pool. This means that a home's pool may have to win over buyers who are not convinced that they would like a pool on their property. To do this, the pool must be kept in good condition and properly staged. Knowing how to stage, market and present a property with a pool and can help get the most for the sale of a home.
Make Cosmetic Repairs
An older pool can suffer from cosmetic problems like algae, cracks, pock marks in the plaster, water stains and scale on the tiles. Cosmetic issues can lead a home buyer to question the condition of the pool, even if these problems have no real impact on safety and functionality. Have cosmetic problems repaired before putting the home on the market to help reassure buyers that your pool is in good condition.
Keep Up With Cleaning and Monitor the Chemical Content
Keep up with cleaning and monitoring of the chemicals in your pool. The water in the pool must be crystal clear when buyers come...
These days, a lot of buyers want a fairly open floor plan with lots of space. If you have an older home or a house with a lot of enclosed rooms, you may have to fight convention if you want to bring the offers in. These tips help you to show off the space you have and create a comfortable flow for your home, even if you don't have a house with a lot of space or an open floor plan.
Choose One Purpose
Home buyers often expect the home to fulfill a variety of purposes, such as eating, sleeping, entertaining, work and education. If you have many small rooms in the home, trying to cram too many activities into a single space is the last thing you want to do. For staging, the smaller the room, the simpler you must keep the activities. A spare bedroom could be converted into a playroom or entertainment room, instead of letting video game equipment and toys clutter kids’ bedrooms or the living room. An enclosed dining room should be devoted only to that purpose.
Eliminate Visual Clutter in Design
Busyness is the enemy of the small room. Even if all the basic clutter is cleared away and you are left with an open floor and mostly-empty shelving, the room may still look too busy. Fun houses at carnivals are designed with contrasting...
Selling a home often calls for a great deal of documentation. Some of this paperwork is generated and managed by a real estate agent, but others may require the seller to collect and maintain. With this list, sellers will know which documentation to watch for while selling their homes.
When people decide to sell a home, they quickly realize that the process of selling can be very complicated. A real estate agent usually handles paperwork related to the actual sale, and includes:
- listing agreement for the property, which indicates how the agent distributes payment for services
- marketing plans to attract attention to the home
- purchase contracts offered by buyers and signed by both parties
- mandatory disclosures about the condition of the property
- home buying contingencies placed by the buyer
- occupancy agreements
Much of this paperwork may need to be completed more than once, if the seller ends up going through the process with more than buyer.
Inspections and Appraisals
In order to sell the home, most lenders require an appraisal to estimate the property's current value. Many home buyers also choose to request a home inspection, to ascertain...
Just like knowing which fork to use at a banquet table, selling your home comes with all sorts of hidden rules about good manners. Learning the rules of home selling etiquette will make the process feel a lot smoother, and you may find that knowing how to behave during open houses and showings helps you sell your house a little bit faster. Here are the top five home selling rules to go by when selling your home.
Most rules about good manners have to do with making the people around you feel comfortable and relaxed — in the case of selling your home, your behavior should be determined by what is most likely to make people shopping for a new home feel like they're welcome into your home, yet under no pressure to buy.
Although this may sound complicated, there are a few easy ways to ensure buyers feel at home when visiting your home. Here’s what you should know to make a good impression.
1: Make Yourself Scarce
One of the many benefits of working with a real estate agent is that you don't need to come in contact with prospective buyers during showings. It's not that meeting them is outright rude or anything, but your presence on the property is a big reminder that you're the owner. Most buyers won't want to offend you by commenting on your choice of kitchen cabinets, so they won't feel free to discuss your home or voice their opinions to their own real estate agent if they feel you hovering in the background.
It's also much easier for buyers to picture...
When it comes to energy efficiency and ways to save on heat energy, look for smart features and expertise to help you save energy, reduce your electric bill as well as add value to your home.
1. Begin With A Right-Sized Home
If the home you buy is simply too large for you or your family’s needs or plans, you stand a good chance of wasting energy through excessive heating and cooling costs. If it’s too small, you’ll feel cramped and uncomfortable. It’s a big investment, so seek balance and buy it “right” from the outset. Reconsidering how right your home is? Call one of our real estate agents or start your search online to see the homes available along the Grand Strand.
2. Purchase Energy Star Appliances Such as Your TV, Dishwasher, Washer and Dryer, and Microwave.
How much do Energy Star appliances save? Over time, it can be alot. Especially the refrigerator, as it alone contributes about 10 percent of the energy use in a home and can make a noticable difference. Also, unpluging any electronics tha are not in use or turning off power strips is a good idea to avoid phantom charges.
3. Install Efficient Lighting Such as Compact Fluorescent (CLF) or LED Bulbs in Every Fixture.
Lighting accounts for about 6 percent of an energy bill each year. If you're wondering do LED light bulbs save energy, just know that this can be a cheap, quick fix to save on energy.
When you're selling your home, your first home showings can be both stressful and exciting. Knowing how to prepare your home and what you can do to make your home more inviting for buyers can help make the experience more productive. By staging, cleaning, making small repairs and reducing clutter, you can attract more buyers and bigger offers. These tips will help.
Clutter is the number one enemy of home sellers, because clutter can make your home appear to be smaller and darker than it really is. Eliminating clutter is the best way to make your house more appealing to buyers. Clutter takes many forms, so there are many things you can do to reduce clutter in your home. Toys on the floor, knick-knacks on the shelves, bills on the counter and excessive clothes in the closet can all be called "clutter." These tips will help:
- Pick toys up off the floor to make each room look more spacious.
- Clean closets by reducing the number of items stored on the floor and on the shelves.
- Clean off all counters, tabletops and shelves.
For many home sellers, clutter reduction can take weeks or even months. In addition to all the sorting and decision-making (what stays? what goes?), the actual act of getting rid of clutter takes time. Garage sales take weeks to organize, donating items requires trips...
Pets aren’t just random animals, they’re friends and part of the family, and pet owners will do whatever they can to make sure their pets are happy and healthy. When trying to sell a home to move to a new one, pet owners may come across advice saying they need to get rid of their pets or the home won’t sell, but this isn’t true. While selling a home with pets may be more difficult than selling a home without pets, it isn’t impossible, and here are a few different ways pet owners can give their home the best chance of finding a buyer.
Relocate Pets During Showings
A home showing is the most important time for a home because this is when buyers will decide if they want to purchase it or not. For this reason, guests should be made as comfortable as possible during this time, which means any pets in the home should be taken elsewhere for the duration of the showing. Not only are some people allergic to animals, guests may also be afraid of them. Removing pets from a home during showings can also be better for the pets, as it’s possible for buyers to bring along small children who don’t know how to act around animals, or doors can be left open and it could be possible for pets to sneak outside where they can be harmed.
Homeowners can temporarily relocate their pets by taking them to a kennel...
Curb appeal is a valuable part of staging a home to appeal to buyers, as the front yard is the first thing a buyer sees when they approach a house. A poorly maintained or unappealing front yard can deter buyers by giving them the impression that the home isn't well maintained by the owner and possibly in a state of disrepair. On the other hand, a vibrant, well maintained yard can attract buyers with a clean look that excites them and encourages them to see the rest of the house. Here are a few common trouble areas where home curb appeal improvements can be made.
The curb isn’t the first thing that buyers see, but it is the first aspect of the property they will see up close. Take the time to get it in hand: Repair cracked concrete; make sure that the mailbox is in excellent condition and has no chips, dents, or rust. Be sure to confirm that the house number is easy to see from the street, as buyers are less likely to scope out an address, with good curbside appeal or otherwise, if they can’t find it.
Sellers might think that buyers will barely see the driveway, but if it looks bad, it might be the only thing they see. Driveways often show buyers how the current owners treat the home, especially the parts that do not matter as much. A driveway with cracks and stains gives an impression of disrepair to viewers, and it can serve as a deterrent to potential buyers. Even a great ...
When going to sell your home, there are a multitude of steps that can boggle and overwhelm even the most adept mind. What if you have no idea how to start selling your home? Is staging important? What does a real estate agent do? This home sellers' guide gives you the basic details needed to sell your Myrtle Beach home quickly with preparations to ensure you get the best bang for your buck and the best return on your investment.
Do I Need a Real Estate Agent?
Although there are few instances in life when people really must have a professional to handle a certain situation, sometimes hiring a professional to guide and advise you is worth more than the money paid. When selling your home, hiring a real estate agent is one of them. Without an agent, you as a seller are alone to negotiate with the buyer, who probably has an agent to help them secure the best deal. In selling a home, hiring a is one of them. Without an agent, you as a seller are alone to negotiate with the buyer, who probably has an agent to help them secure the best deal.
Our real estate agents at CRG are here to help you get your Myrtle Beach home ready for sale, make sure that buyers find your home, negotiate a good offer on your behalf and confirm that your home sale is following all relevant laws and guidelines. On top of all of that CRG real estate agents are there to provide guidance and advice to you throughout...
Sometimes bad things happen to good people. And often, bad things can't be prevented. Most people would agree that a Myrtle Beach home foreclosure is not a good thing. But going through a foreclosure is a little different for each person. For some homeowners, the process is inevitable, while others may be looking for options to turn it around.
In addition, some states may have some unique rules for lenders foreclosing on homes, and lenders often adapt their practices within those guidelines. Knowing the answers to these questions can help people prepare for the next steps. This guide walks homeowners through various aspects of a foreclosure, and what they can do throughout the process.
For informational purposes only. Always consult with a financial advisor before proceeding with any real estate transaction.
1. What Is the Foreclosure Process?
There are three basic stages to a foreclosure. As soon as a homeowner fails to make a necessary mortgage payment, they may face late fees and be at risk for a future foreclosure. By law, the institution holding the mortgage has to follow this minimum timeline for the foreclosure process:
- Notice of Default: 3-6 months after the first missed payment...
There are times when things happen in a homeowners life where they may have to sell their homes unexpectedly. An unexpected home sale may also show that home may be worth less than what is owed on the mortgage. This is also called being "underwater". In these cases, the homeowner has several options. One option is to wait for a foreclosure. Another option could be a short sale.
A short sale is one option for those who do not want to go through the foreclosure process, with possibly fewer negative consequences. In some instances, those who sell their home as a short sale may be able to soon buy another home sooner than they would if they had a foreclosure. The short sale process is different than the general home selling process, as the lender has much more influence throughout the process.
For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.
What Is a Short Sale?
Circumstances can change. With a divorce, job loss or medical bills looming, not all homeowners can afford to continue making payments on a home and may need to sell. And in some cases, selling a residential property where the market value is lower than the outstanding mortgage could result in a short sale.
Homeowners who are faced with homes worth less than their mortgage balances and...
Home sellers who want to sell their property quickly will usually start by making their home look as beautiful and desirable as possible. This is why staging is so important for people who want to sell their property. Home sellers who are thinking about selling their home in the near future should consider staging their property before listing it for sale. Proper staging for a home not only makes the home look better for the buyer as they tour a home, it also helps the photos look better that are posted to help sell the home. These tips can make staging easier for a person who wants to sell their property.
What Is Staging?
Staging is the art of making a home look more appealing to home buyers. Staging usually involves making aesthetic improvements as well as maintenance upgrades. Home sellers who want to sell their home quickly and for more money will often stage their property before ever putting their home on the market. Staging the home can make the property look up to date and well maintained.
What Must A Home Seller Do to Stage Their Home?
There are many things that home sellers can do to stage their home.
To stage their home, many sellers start by decluttering the property and making repairs. Decluttering is the act of removing all excess items from the home. Excess items could include collectables, papers, stacks of magazines, old furniture and old clothing. Decluttering helps make the property look...
The term FSBO stands for For Sale By Owner, and it's one of the options for home sellers who may be on a budget. Instead of securing the services of a real estate agent, the seller does the work themselves and saves the cost of commission. However, sellers may not be considering the many potential pitfalls of home selling as they may not realize just how specialized and detailed the work a real estate really is. From legal ramifications to financial mistakes, see why sellers usually regret taking the task of seeling their own home on themselves.
Home Pricing Is Difficult
There are some websites that show the average cost of a home in a neighborhood and possibly the recent home sales on a homeowner's particular block. However, there are potential drawbacks to a home owner trying to do their own website research. Many websites may not be displaying current information, Or the information they show may be misleading.
For example, each home sale is specific to the buyers and sellers in the transaction, determined by anything from the condition of the home to the specific contingencies listed in the purchase offer. These facts are not shown on a website, though they might be available to a real estate agent. Agents have the accurate selling information for nearby homes that a potential FSBO seller may not.
And pricing a home correctly from the start is critical for an eventual home sale. Set a price too high and sellers may turn buyers off immediately. Set the price too low, and buyers may think the seller has something to hide.
When people selling a home start to think of it as a business transaction, they may be able to recognize how important a good marketing strategy is for a home sale. Landing the right buyer involves putting up a good package, and then finding people who want it. Here are a few marketing tips that may boost a seller's sale price, or seal the deal a little sooner.
1. Bring In an Experienced Real Estate Agent
Even though millions of people will sell at least one home in their lifetimes, it really is not an activity that is easy for amateurs. Selling any product that may cost hundreds of thousands of dollars requires knowing:
- what buyers want
- which buyers want to buy certain kinds of houses
- how best to get those buyers' attention
A real estate agent with plenty of recent experience working in the area will have detailed knowledge about all of these subjects.
2. Get a Feel for the Local Real Estate Market
Even with the professional guidance of a real estate agent, home sellers still have a lot of say in the direction of the sale. This means that sellers need to educate themselves on the nature of the market in their area and their neighborhood. The dynamic of the local market could affect the list price of the home, the way the home is staged, the details in the listing, and the speed at which the sale could be closed. Understanding these factors in advance helps sellers to go with the flow and make decisions that...
Lighting is important, especially when it's time to stage the home. Proper lighting can help make the room look airy and more spacious, and can also make the home look cleaner. Homeowners who need to stage their home for real estate showings can use lighting in creative ways to highlight beauty in the home. These tips will help homeowners use lighting to stage their home creatively.
Clean All Windows
Dirty windows can restrict light coming into the home. Cleaning the windows helps to ensure that all the light is able to filter in through the windows. Maximizing daylight in this way can make the home's interior look more cheerful.
Use Sheers to Create Diffuse Light
Dark curtains can create a heaviness in the room while also blocking light and adding shadows to the space. Replacing dark curtains with sheers enables more daylight to enter the home. Sheers can be left open to allow daylight to pour in directly, or they can be closed to create a diffuse, natural glow.
Use Edison Bulbs for Dramatic Effect
Edison bulbs are creative and artful. They look great on bare bulb light fixtures and on fixtures where the bulb is partially visible beneath a shade. Edison bulbs have a slightly antique, industrial appearance that's especially effective in rooms that are decorated with wood and metal furnishings. Edison bulbs work best when a homeowner wants to attract...
Selling a home can be tricky, and selling a home in a buyer’s market where there are far more homes than there are buyers can be difficult for homeowners who are unfamiliar with good strategies to make their home more appealing to buyers. These strategies can be used by any homeowner, new or experienced, to help their home sell in a buyer’s market.
Take High Quality Pictures For Online Listings
Chances are, the first time a buyer will see a home is in an online listing, so it’s important for the homeowner to have lots of pictures available. The more pictures that are available online, the more buyers may be enticed to come visit it in person, where they can truly fall in love with the home.
Taking pictures is easier now than ever because of the ever-increasing quality of cell phone cameras, so homeowners shouldn’t feel the need to go out and buy a brand new camera just to sell their home. However, it’s worth noting that if a seller can’t take professional quality pictures on their own, they ought to consult a professional to ensure their home’s photography stands out.
Clean and Get Rid of Clutter Before Showing
Buyers love to see clean homes because it means they actually get to see the home, rather than all the things that fill it. Some things can be distracting and...
The old saying, “Sometimes less is more” can certainly hold true when it comes to the benefits of downsizing the home. While it's many owner's pride and joy for years and years, there often comes a time when the glorious of that spacious home loses its luster. After all, it takes a lot of time and money to run a large dwelling, so many owners are looking into downsizing the home for some of the following benefits.
1. Less Overall Stress Can Promote Greater Health and Happiness
Excessive stress affects the mind and the body, triggering signals that can slow down numerous essential functions that keep individuals healthy. In fact, stress has been linked to several leading causes of death in recent decades, with heart conditions being at the top of the list. It's not a secret that financial stress is a top concern of most individuals, especially those with high mortgages and/or interest rates scraping to the bottom of their bank accounts. Downsizing is likely to reduce one's mortgage, taxes, repair bills, and—in some cases—can even eliminate mortgage debts entirely. With these burdens eased, many homeowners feel rejuvenated, less stressed out, and more satisfied overall.
2. Less Home Equals More Energy Savings
Unless it operates on a solar panel system, one of the downsides to living in a larger abode are greater energy expenses. Electrical expenses for heating and cooling in a smaller home will decrease, especially when using energy efficient appliances and implements. Water reduction is possible...
When it comes to renovating or improving a home, owners are supposed to complete all work within the letter of the law. This means they may need official permits granted by the city in order to add on a new bathroom, break ground on a pool, or install a skylight in the ceiling. Because different neighborhoods have different rulings and homes can frequently change hands, it's not uncommon for homes to have unpermitted work. Learn more about what constitutes unpermitted work, how it affects the buyer's decision, and what sellers can do about it.
The Nature of Permits
No matter how skilled a contractor a homeowner might be, a local official has no way of verifying just how safe their work is. Permits are designed to ensure the stability of the home isn't compromised during a renovation or repair, and the specific rules about which jobs need them and which jobs don't are determined at the local level. In certain cases, owners may be required to hire professionals, regardless of their own expertise when it comes to the work.
The Nature of Homes
Homeowners, in Cherry Grove or elsewhere, may choose to complete renovations without a permit for any number of reason. They may be trying to skirt property taxes or just save money on hiring contractors. Some owners don't know that they need to get permits, and some just flat out ignore the rules. If there's no one around to...
Good landscaping makes a good impression on people who see your home from the outside. Good landscaping can make your home look well-maintained and well-loved, which ultimately can make it more attractive to potential buyers. If you're thinking about selling in the next year, these landscaping tips will help you cultivate buyer-friendly landscaping, even in competitive markets like North Myrtle Beach.
Get Started Early
Good landscaping doesn't happen overnight. Growing grass and flowers, de-weeding the lawn, establishing new trees and making similar changes can all take time. If you know that you'll be selling your home sometime later this year, start working on your landscaping months in advance. This gives you time to plant, fertilize and encourage plants to establish roots as needed, so your landscaping will be more mature by the time buyers come to see the property.
Pruning encourages new, leafy growth and can help make old bushes look new and vital once again. Pruning also helps control plants and trees that might block light into the home, which can help make the inside of the home look lighter and more cheerful. When pruning shrubs and plants, it's important to pick the right time of year. Many plants do best when they're pruned in early spring. Don't forget that shrubs will take time to bounce back, so you should...