Tips for Selling in the Summer

Tips for Selling in the Summer

Summer has traditionally been the best time to sell a home. Not only do many families take advantage of moving when the kids are out of school, but in climates where winter weather is unpredictable or severe, the warmer months make it easier to be away for showings. With more homes on the market, how can you maximize your potential for a great offer among the options? Fortunately, you can take a few steps to ensure your home stands out from the crowd. 


Tips for Selling in Summer:

•  Control the Climate – The first thing a buyer will notice when they walk into a home is the temperature. If the weather is warm and humid, it’s critical you keep the home cool. A larger air conditioning bill is a small price to pay for a top dollar offer. 

•  Let in the Sun – It might be tempting to close the blinds to save money on air conditioning, but bright, sunny rooms are always more appealing; leave enough open to showcase natural light. 

•  Extend Outdoors – Today’s lifestyle includes the outdoor areas and more and more homes feature outdoor living and dining areas. Regardless of your home’s features, maximize the impact of your yard with furniture, BBQs and manicured landscaping. 

•  Spring Clean – A fresh, De-cluttered home with a lighter, seasonal color scheme will be visually appealing to your buyers. Replace dark pillows, linen and accents with softer colors which make the rooms seem larger. 

The summer selling season is here. Make sure your home is dressed for success. Welcoming outdoor spaces and bright sunny rooms combined with inviting an air conditioned rooms will ensure you get the best possible offer. 

Have more questions or needing assistance you can send an email to me to help! Kristibroker@gmail.com

IS A BIGGER HOUSE REALLY BETTER

IS A BIGGER HOUSE REALLY BETTER

If you are looking for your next home, it’s naturally to assume that you should buy the biggest home you can afford. Certainly if you need a big home, then this is the right decision, but if not then there are other ways to maximize your investment that doesn’t include more square feet. Bigger isn’t always better. If you don’t need 4 bedrooms, then why spend your money on that? There are many other ways to spend your money. 

View- First let's get things straight- what constitutes a view? Well, for different people a "view" can mean different things. One person's idea of a great view may be a home that overlooks the ocean, while someone else prefers a lake or river. Basically any kind of scenic vista is usually considered to be a good view-mountains, hills, forests, vineyards. Then there are the man-made views-the city skylines are the most popular of these, whether it's on the outskirts of the city, or a loft apartment in the midst of Quincy's district , these can provide fabulous views if you like that kind of thing.
 View homes will always command higher sales prices than those without. If you enjoy a distant vista, use your money for a view and enjoy better returns when you sell.

 Space – Space is not only counted in square footage, lot size also adds value and enjoyment to a home. A bigger house and a bigger lot usually are worth more than smaller ones. It's not a simple equation, like "double the size, double the value," because there are so many factors involved in an appraisal. One of those factors may be how the size of the property compares to other homes nearby.

  Amenities – Ask anyone who has looked at upscale retirement communities about amenities and how they contribute to qualify of life. Golf courses and lake front homes increase value as well as value. On a smaller scale, look at the appliances that come with the home, finishes and materials (at your price point know what finishes should be expected built with the home in your price range), Ceiling, it is important to notice leaking ceilings, cracks in dry wall etc.

Location – The old adage of location, location, location is true. But why does location matter so much? for starters, you can't move a home - at least not easily or inexpensively. When you buy a home in a good location, it's usually a solid long-term investment. From the craftsman cottage in the historic downtown to a trendy urban loft in our cities district, choosing a home in the right location is critical to building value. 

 Choosing the right home is not simply about resale value, but that doesn’t mean you shouldn’t think about it. First and foremost choose a home that fits your needs and lifestyle, but if that’s not a huge house on the hill, there are other options that are just as good. The bigger house is not necessarily the best choice. 

Contact me to help you make the best choice for your investment.

Why You Should Never Skip A Home Inspection

Why You Should Never Skip A Home Inspection

Buying a home can be expensive. It might feel like once you’ve entered escrow, you have new things to pay for at every turn. While the fees are normal and customary, if you don’t buy a home often, you might wonder if they are all necessary.

 One expense that is often discussed is inspections. What inspections do you need and how should you choose the right person to perform them. During the home inspection contingency period, you have a right to perform as many investigations as necessary to determine the condition of the property you are buying. 

Typically you will want to make sure there are a home inspection and a termite inspection. Other options could include a mold inspection, radon inspection, well/septic tank certification, roof inspection and pool/spa inspection. The type of inspection is determined by the condition of the home. Most buyers start with the basic home inspection.

What is a home inspection? It is a visual, non-invasive inspection of a property. There are usually seven systems observed during the inspection; the Attic and Roof, the Basement and Foundation, Plumbing, HVAC, the Interior Living Space, the Homes Exterior, and the Electrical System. Throughout the process the inspector assesses the home's safety, operation and the condition of it's various systems. A home inspection can protect you and your money by showing you where things are past their prime, or if something is in great shape. The inspection isn't for the lender, your Real Estate Broker, or the Seller-it's for "you" the buyers. When or if your home inspection Report reveals a defect, it gives you an opportunity to go back to me "your agent" and decided if you want to renegotiate the price or even walk away from the deal. 

 Home inspections are very important. Never judge a home by it's facade. Every buyer should know what they are buying. The more you know the less surprises you will have down the road. There is no substitute for a proper inspection by a licensed home inspector. You might be handy or have a handy friend, but the home inspector is experienced in identifying problems and potential problems so you can make an informed decision about moving forward with the sale.

Tips on buying and selling your home at the same time

Tips for buying and Selling at the same time! 

Either buying or selling a home can be extremely stressful, it can be even more overwhelming if one is trying to do both at the same time. Adding in the additional stress of moving now having to sell first to move or is it the other way around? In an ideal world, you'd buy a new home, move, and then, and when all the dust settles deal with the turmoil of selling. But for most people, that's totally unrealistic. Not only does it cost significantly more, since you'll be paying two mortgages, but sellers might be quick to judge if you're holding on to your current home.  The good news is that this happens all the time and by following a few simple tips, both buying and selling can be a seamless process. 

Tips for Buying and Selling at the Same Time

Contract Contingency: Buyers can request that their new home purchase be dependent on the successful sale of their old home. If you're looking in a competitive market, this may not be a good option; however, if the seller of your intended home has had difficulty attracting interest, this may be a good deal for all parties involved-assuming you can convince them that your home will sell quickly. 

Bridge Loans: A bridge loan allows you to own two homes simultaneously if you don't have deep pockets for a second down payment. This option is especially attractive if you'd planned to sell your home first and use the proceeds to buy the second. It functions as a short-term loan, intended to be repaid upon the sale of your original home. 

(Make sure to talk to your agent and lender to know what is best for your individual real estate needs)

The good news is that you’re planning to move any way. Before you list your home for sale, why not start packing now? Take personal items and excess furnishings and pack them up and move them to storage. Not only will your home look larger and neater, you are getting a start on the move. 

Next make sure your agent, understands the timeline and requirements. There are many standard contingencies which can protect you from owning two homes at once, or none at all. Not only can the purchase of your new home be contingent on successfully closing on your current one but you can also reverse the process and ensure you find a replacement before the close as well.

 Finally, get the entire family involved. Be excited about the change and create a moving plan in which everyone has a task and there is a plan for the move itself. By taking a few initial steps, moving can be fun and easy. 

Having the right person representing you can be the difference between calm smooth process and a nightmare. Don't sell yourself short by not being protected and advised in a huge home purchase and sale. It is essential to be advised by the best. 

Contact me Today to help you ease your anxiety and let me navigate the market for you! 

Advantages of Selling A Home This Winter

Advantages of Selling a Home This Winter

Home sellers and real estate agents often fear the winter months because it seems like a poor time to list. The truth is that winter can be a great time to list your home for sale. The Internet has no season meaning that serious buyers are always on the look out, checking out the latest listing online. It is especially true when the weather outside is cold. It means your online listing is getting viewed more then before. 


 Less Inventory 
Conventional wisdom tries to say that taking your home off the market in winter, or waiting to list, until the spring selling season starts is the best way to sell your home. The truth is that if you are trying to sell your home, wouldn’t you rather list while the competition is less? 
Come spring, sellers will flood the market and your home will be just another fish in a big pond. 

Higher Prices 
With the end of the summer season, often homes are removed from the market, either because the sellers mistakenly believe they need to wait for the spring. But when listings flood the market in April, prices can go down as a “buyers’ market” takes hold and inventory increases. 

 Serious Buyers 
Buyers in the winter also tend to be more serious about a home purchase. The holidays are a time to relax and enjoy family and friends. In real estate, studies show that if a buyer is out looking for a new home during these months, they have a reason to move, which tend to create better offers.  Home sellers can enhance their ability to capitalize on the slower pace and smaller inventory by listing their homes for sale now. Winter is the perfect time to get the highest possible sales price while the competition is drinking pumpkin spiced latte and waiting for the spring.  

Getting Tax Breaks
Winter home buyers may also be motivated to grab the tax benefits of buying a home before the years end. Many home buyers can write off some of the expenses of their home purchase on their taxes. There are many tax deductible items a home owner can count on, such as: 

• Mortgage interest
• Private Mortgage Insurance (PMI) Premiums
• Real Estate Taxes

Always, check with your tax expert to make sure you are getting all the deductions and credit you've earned. 

So why wait? Existing home sales have increased since November coming into December an average of 4.5% in the past three winters. That means even though there are less homes on the market, buyers are out there buying at a steady, if not increased pace. That is great news for you winter sellers!

If you are wanting your home to be in the spotlight then contact me today!