Judy Moore - Barrett Sotheby's International Realty



Posted by Judy Moore on 4/22/2018

After you add your house to the real estate market, it may be only a matter of days before you receive the first offer on your residence.

Ultimately, the initial offer on your home may prove to be the best proposal for a number of reasons, including:

1. The offer matches or exceeds your expectations.

An informed home seller understands the condition of his or her house, and as such, sets realistic expectations for the home selling journey.

For a home seller, it is paramount to conduct a home appraisal before you list your residence. With this appraisal, you can learn about your residence's strengths and weaknesses and price your house accordingly.

Furthermore, a home appraisal will help you understand the true value of your home. And if you receive an initial offer that matches or surpasses your expectations, you should have no trouble accepting the proposal and moving forward with a home sale.

2. The offer corresponds to the current state of the real estate market.

Operating in a buyer's market is far different from operating in a seller's market, and perhaps it is easy to understand why.

In a buyer's market, there is an abundance of high-quality houses and a shortage of property buyers. This means a buyer's market typically favors property buyers over property sellers.

On the other hand, a seller's market usually favors property sellers. This market includes many property buyers and a shortage of top-notch houses. Thus, the likelihood of receiving a terrific first offer may increase in a seller's market and decrease in a buyer's market.

As a home seller, it is essential to allocate the necessary time and resources to learn about the housing market. If you understand the differences between a buyer's market and a seller's market, you can identify a great initial offer on your house.

3. The offer is a must-accept in the eyes of your real estate agent.

When it comes to selling a house, it often is a wonderful idea to work with a real estate agent. In fact, this housing market professional may prove to be a difference-maker at each stage of the home selling journey.

A real estate agent will help you list your residence, promote it to potential homebuyers and set up home showings and open houses. That way, he or she can make it easy for you to generate substantial interest in your residence as soon as it becomes available.

Perhaps most important, a real estate agent is happy to provide honest, unbiased home selling recommendations. This housing market professional will help you differentiate between a mediocre initial offer and a stellar one and ensure you can make informed home selling decisions.

Lastly, be sure to analyze the initial offer on your home closely before you accept it. By taking a diligent approach to this home proposal, you can evaluate the pros and cons of it and make the best possible decision based on your individual needs.




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Posted by Judy Moore on 4/8/2018

A home appraisal enables a seller to learn about the value of his or her house relative to the current housing market. As such, an appraisal represents an important opportunity, particularly for a seller who wants to maximize the profits from his or her home sale.

Ultimately, it helps to plan ahead for a home appraisal. If you prepare for an appraisal, you can use the appraisal results to achieve your home selling goals in no time at all.

Let's take a look at three tips to help you get ready to perform a home appraisal.

1. Learn About Your Home's Strengths and Weaknesses

What you initially paid for your house is unlikely to match the current value of your residence. Fortunately, if you understand your house's strengths and weaknesses, you can prioritize home improvements and complete these upgrades. As a result, you may be able to boost your chances of receiving a favorable property valuation during a home appraisal.

Also, it may be beneficial to conduct a home inspection before you schedule an appraisal. That way, you can use the inspection results to determine which areas of your house need to be upgraded.

2. Assess the Housing Market

The present real estate sector will impact the valuation of your house. To establish realistic expectations for a home appraisal, it often helps to analyze the current housing market.

If homes are selling quickly, this likely indicates that a seller's market is in place. This market favors sellers and may enable you to receive plenty of offers if you establish a competitive price for your home.

Comparatively, if homes linger on the real estate market for many days, weeks or months, a buyer's market may be in place. In this market, you may need to set an aggressive price to help your residence stand out to potential buyers.

3. Consult with a Real Estate Agent

A home appraisal is an important part of the home selling journey. And if you collaborate with a real estate agent, you can work with a home selling expert who can help you maximize your property valuation during an appraisal.

With a real estate agent at your side, you can receive comprehensive support throughout the home selling journey. A real estate agent can put you in touch with the top home appraisers in your city or town. Furthermore, a real estate agent can help you determine how to price your house to ensure you can stir up significant interest in your residence.

A real estate agent also is happy to help you review any offers on your home. If you're unsure about whether to accept, reject or counter a homebuying proposal, a real estate agent can help you weigh the pros and cons of each option.

Ready to conduct a home appraisal? Use the aforementioned tips, and you can perform a home appraisal before you add your residence to the housing market.




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Posted by Judy Moore on 12/3/2017

Congratulations on your recent home sale! Now, you just need to figure out how to tell family members, friends and other loved ones that you'll be packing up and moving out of your current residence.

Informing loved ones about a home sale may seem challenging at first. Fortunately, we're here to help you keep your cool as you tell loved ones that you've sold your house.

Here are three tips to ensure you can avoid the stress and headaches sometimes associated with informing loved ones about your decision to sell your home.

1. Get Ready for Questions

Loved ones have your best interests in mind, and as such, likely will have many questions about why you sold your residence.

What prompted you to sell your home now? How much did you receive for your home? And where do you plan to live in the future? These are just some of the questions that you should be ready to face from family members, friends and other loved ones.

Moreover, answer loved ones' questions as best you can. And if you are uncertain or uncomfortable about answering a question, you can politely decline to respond.

2. Keep an Open Mind

Things will move quickly after you sell your home. Although you may have plans to buy a new residence or relocate out of state at some point, you might still need time to finalize your next move.

Oftentimes, loved ones may pressure you to move in a certain direction following your home sale. But it is essential to keep the best interests of yourself and your family in mind at all times.

If family members or friends pressure you to make a move that makes you feel uncomfortable, let them know. Remember, your loved ones want you to be happy, and they should be willing to listen to your concerns after you share the news that you have sold your residence.

3. Operate Fearlessly

After you accept a homebuyer's offer for your residence, the toughest part of the home selling journey is over. At this point, you can finalize your home sale and move forward with the next stage of your life.

It takes a lot of courage to sell a house, and you should maintain this confidence as you tell loved ones about your home selling decision.

Regardless of how a loved one feels about your decision to sell your house, what's most important is how you feel about your choice. If you believe you made the best decision possible, you should feel good, even if family members or friends disagree.

When it comes to telling loved ones about your home selling decision, don't forget to reach out to your real estate for assistance. This real estate professional understands the challenges of informing family members and friends about a home selling decision and may be able to offer expert guidance. That way, you can remain poised and confident as you share your home selling news with others.





Posted by Judy Moore on 11/12/2017

After you accept a homebuyer's offer on your residence, he or she likely will complete a home inspection. Then, the homebuyer may choose to move forward with the home purchase, rescind or modify his or her offer or ask the home seller to complete home improvements.

Ultimately, a home seller is likely to have many questions following a home inspection, including:

1. What did the homebuyer discover during the home inspection?

As a home seller, it is important to do everything possible to enhance your residence before you add it to the real estate market. By doing so, you can boost your chances of generating substantial interest in your house. Plus, when a homebuyer performs a home inspection, he or she is unlikely to find any problems that may slow down the home selling process.

An informed home seller may conduct a home appraisal prior to listing his or her house on the real estate market. This appraisal enables a home seller to identify potential trouble areas within a residence and explore ways to address such problems.

If you failed to perform a home appraisal, there is no need to worry. For home sellers, it is important to see a home inspection as a learning opportunity. And if a homebuyer identifies problems with your residence during a home inspection, you should try to work with him or her to resolve these issues.

2. Should I stand my ground after a home inspection?

Be realistic after a home inspection, and you'll be able to make the best decision about how to proceed.

For example, a home seller who goes above and beyond the call of duty may address major home problems prior to listing his or her house on the real estate market. This home seller will dedicate the necessary time and resources to correct home problems and ensure a homebuyer is able to purchase a top-notch residence.

But what happens if a homebuyer identifies problems during a home inspection, despite the fact that a home seller already tried to correct various home issues?

A home seller should consider the homebuyer's inspection report findings closely. If minor home repairs are needed, he or she may be able to fix these problems to move forward with a home sale. Or, if a homebuyer is making exorbitant demands, a home seller may feel comfortable allowing the homebuyer to walk away from a home sale.

3. How should I proceed after a home inspection?

A home inspection can be stressful for both a home seller and a homebuyer. After the home inspection is completed, both parties will be better equipped than ever before to make informed decisions.

If a homebuyer encounters many problems with a residence, he or she will let the home seller know about these issues. Then, a home seller can complete assorted home repairs, offer a discounted price on a home or refuse to perform the requested home maintenance.

Working with a real estate agent is ideal for a home seller, particularly when it comes to home inspections. A real estate agent will negotiate with a homebuyer on your behalf and ensure you streamline the home selling process.





Posted by Judy Moore on 10/1/2017

When youíre looking to sell your home for a great price, there are a few things that you can do to give the sale an edge. All of the ideas youíll find below are inexpensive yet effective for sprucing your home up fast.


Hide And Brighten What You Can


Do you have an old, lumpy sofa, an old, unsightly lamp, or a scratch on the wall? You can easily cover these things up without making any major changes. Use a slip cover, some touch-up paint, or even new bedding to help brighten any room or furnishing. You could even consider adding new window treatments or additional lighting to assist in giving your home a refreshed look. As a rule of thumb: If it looks old and you canít remember when you last replaced the item, you should probably replace it.    



Use Paint Strategically


With the right paint, you can accentuate or downplay the features of a room including fireplaces and windows. Portions of the room that would otherwise be lost can be highlighted with the right use of color. 


Make The Room Seem Larger


Do you have low ceilings or small rooms? You can make the room seem larger just by making use of vertical lines or using the higher spaces in the rooms of your home. Easily mount shelves on your walls in order to store things to give the room the illusion of having more space.


Deep Clean


Your home can look like a new place when you take the time to deep clean the area. Donít miss out on any part of any room. Use a little elbow grease and pay attention to neglected areas like the pantry, laundry room, and refrigerator. Get rid of any odors in the home. Potential buyers will definitely notice if things donít smell right upon entering the house. You can use natural cleaners made of baking soda, vinegar, and lemon juice in order to freshen up everything from rugs to toilets. This stage of the makeover process may take you some time, but itís definitely worth it. 


Donít Forget The Little Touches


Adding in little things before an open house can also make a big difference. Put some fresh flowers on the table. Light some candles. Fluff the pillows. Take the time to remove unnecessary items from the counters and tables as well. The less cluttered the home looks, the better. Buyers like open spaces, but they also like to be able to see themselves in the space and you can help them to do just that.              

    





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