Not so long ago, selling a house during the holidays was to be avoided at all costs. Who wants to look at houses when everyone is busy with parties and family? Buyers and sellers were advised to wait until spring. With the advent of online listings, home sales have become less seasonal; buyers can narrow their choices quickly. In December 2016, sales fell only 1.8 percent from November, and sales would have been better if more homes were on the market. However, many of the homes that sold that month had been lingering on the market longer than homes sold in November. Sellers whose listings were aging were eager to close before the end of the year.
December is a reality check [...]
Most of us love food. We can all appreciate fresh produce, a homemade bake and the tools we use to prepare a family feast. Food gives a house a lived-in feeling, which can be a powerful staging element when your house in on the market. It’s important that prospective buyers can envision themselves living in your house and making it their own home. You can use food as an illustrative tool to help them paint the picture they need to seal the deal on a sale. Here’s how to entice a potential buyer’s sense of sight, smell, and touch with food in the kitchen and around the house.
Photo by Artistic [...]
Selling your house can be one of the most stressful events of your life. You’re opening your home to total strangers, you’re facing the daunting task of moving in the (hopefully near) future, and you’re worried about the finances of selling your home. Blanketing all of these concerns is the uncertainty – will you find a good buyer in time, will you get a fair value for your home, and will the sale of your home go smoothly? One option to consider that alleviates some of these concerns is to have a pre-inspection done prior to listing your home. Virtually all home sales will involve a home inspection. Lenders require them, and savvy home buyers will insist on [...]
You’re thinking of selling your house and you’ve read advice on real estate agents. Instead, however, you have a friend who has suggested they can handle selling your house. Is it a good idea?
There are many situations in which you might want to have a friend sell your house. Maybe Sue or Bob is just starting out as a real estate agent, and you want to throw work their way. Perhaps you need to sell your house relatively quickly, and you figure your friend won’t mind working 24/7 to make that happen. You might be looking for a deal on real estate agents because you need money for another important event, like saving up to buy an engagement ring that meets [...]
A slow-selling home is a sign that you have a problem that shouldn’t be ignored. There can be many reasons that you are not receiving an offer. You need to find out what it is and take steps to solve the problem.
Nationally, the average time on market for homes today is about a month—much faster than normal due to the inventory shortage. Time on market is the number of days between the time a home is listed on the multiple listing services (MLS), and the time that owner signs a contract from a buyer. This number varies greatly from market to market. For example, this summer, homes in Seattle were selling in less than ten days while in Chicago there were selling in 46 [...]