Archives: April 2017

Is Your First Offer Really Your Best Offer?

Accepting an offerA question our clients often ask is whether or not they should accept the first offer they receive for their listed property. Of course, every situation is unique and all factors should be carefully considered when determining whether or not to accept any offer. However, as a general rule of thumb, we tend to advise our clients to consider the possibility that the first offer they receive could be their best offer. We caution our clients about rejecting the first offer too quickly because we’ve seen many cases where it took weeks or even months for another offer to come in. And, in many cases, that second offer was inferior to the first (rejected) offer.

We also know that there is a particular group of buyers out there – Zillow refers to these buyers as the “Real Dealers” – who have done their homework, know what they want, and in many cases are even pre-approved for financing. They are just waiting for the right property to come on the market. And when it does, they tend to make a very competitive offer.

The bottom line?

We encourage our clients to give themselves permission to seriously consider accepting the first offer they receive. And if it comes very soon after the home goes on the market, even better! We tell our clients that a good offer that comes in early in the game is an indication that we’ve priced their home correctly and properly positioned it in the market.

When It Comes to Home Staging, Start Small

The secret to selling your home for more money in less time is all in how you present it. Your home should look so beautiful—both online and in person—that home buyers can’t help but fall in love at first sight. The best way to create that wonderful first impression? Start small and focus on the details. Here are a few simple home staging tips that can have a significant impact on your home sale.

Start with Your Entryway

front door of a homeHome buyers decide whether a home is worth a visit based on how it looks in listing photos. You can impress buyers in seconds by paying special attention to the area around your front door. Make sure your entryway is well lit, is free of clutter, and looks inviting. (Feel free to ask for a second opinion from a friend, neighbor, or even your real estate agent.)

When it’s time for showings, don’t let a squeaky front door ruin a buyer’s first impression of your home. Spray WD-40 on creaky hinges, tighten any screws that are loose, and take care of any other issues well before the first home buyer steps over the threshold.

Move On to the Kitchen

Kitchens and bathrooms sell homes, as the saying goes. Follow these tips to enhance your kitchen’s appeal:

  • Replace old knobs and handles with stylish new hardware to give your kitchen an updated look.
  • Decorate your counters with bowls of fruit or potted plants to create an artsy pop of color.
  • Store unnecessary appliances and clutter out of sight.
  • Replace any light bulbs that have burned out.
  • Prior to showings, bake cookies to make your kitchen smell like home.

Focus on the Bathrooms

bathroom that is clean and clutter-freeNothing makes a better first impression than a squeaky-clean bathroom. Wipe down all surfaces including the inside of your toilet, eliminate any surface mold and grime from the bathtub or shower, and lay out a stack of carefully positioned hand towels as a finishing touch.

Make Your Windows Sparkle

Clean your windows inside and out, and replace any screens if necessary. Since it’s a smart idea to open your windows and let the natural light in, you can impress potential buyers with how well you have maintained your home.

Want More Home Staging or Home Selling Tips?

When you focus on these small home staging tips, it will be easy to attract home buyers to your front door and impress them with the details. If you would like additional home staging and cleaning tips, or if you’re considering selling your home and want to talk about your plans, contact us. We are happy to help.

Change Your Home with Color!

Orange ChairWe like color and the positive impact it can have on you and your home!

As Realtors, we constantly counsel sellers on the need to take their homes to white, beige, gray and greige in order to sell. But selling your home isn’t anything like living in your home. When you are selling, we treat your home like a Hollywood set. But for living in your home, it needs to reflect YOU!

Moll Anderson’s book, “Change Your Home, Change Your Life With Color,” notes that “color is an amazing source of energy and has a sensory effect on all of us. It affects our moods, our feelings, and even our behaviors.”

FullSizeRenderWe believe this is true. Orange is a very happy color for Kate and Tony, who have introduced it into every room in their house, most dramatically in their dining room artwork. We are advocates for pops of color in your home – whether it’s a piece of furniture, art, accessory, drapes, or accent wall. We’re not suggesting you need color from floor to ceiling in every room of your home. Be creative; there are no rules. How do you want your home to inspire you? Do you want your home to make you feel happy, calm, energized, passionate, creative, dramatic, rested, etc.?

Rather than focusing on spring cleaning your home, we propose you consider sprucing up with a pop of color for exactly what you need to bring into your life!

FullSizeRender (2)Thinking of selling your home?

If you are thinking about selling your home in the near future, don’t hesitate to call us about our marketing services, including home staging. We will advise you of what today’s buyers prefer and get you all fixed up to sell! Thomas & Company will coordinate anything that needs to be done and even stage your home for you!

Have fun and happy spring!

 

3 Home Buying Mistakes That are Far Too Easy to Make

potential buyers staring at a houseThis time of year is ideal for looking for homes. Since springtime is a popular home selling season, you have plenty of choices when it comes to finding listings in your preferred location, in your ideal price range, and with your favorite features. With all of these options, it’s going to be a breeze buying your perfect home… right?

There are some common mistakes to be aware of when searching for and buying your next home. But with the right resources and a team of professionals on your side, purchasing a home should be hassle-free.

1. Letting Your Emotions Get the Best of You

Buying a home is an emotional experience. While you’re touring a home, you can’t help but feel an emotional connection as you imagine hanging your photos and decorations in the living room, cooking dinners in the kitchen, and making precious memories with your friends, family, and new neighbors.

But be careful; if your feelings cloud your judgment, you may find yourself overpaying for your dream home, jumping in too quickly to make an offer, or lowballing and risk losing your favorite home.

home buyer tracking financesHow to Avoid This Home Buying Mistake

Arm yourself with facts and objective advice, such as your list of wants and needs, to keep you from making any emotional home buying mistakes.

2. Spending More Than You Can Comfortably Afford

Just because you qualify for a certain mortgage amount doesn’t mean you should spend all of that money on your new home. You don’t want to end up in a situation where you are making monthly payments that you are not comfortable paying.

How to Avoid This Home Buying Mistake

Check your budget to determine the maximum amount you want to pay per month, then talk with a trusted local lender. Contact us and we can make recommendations.

3. Not Relying on a Real Estate Professional

When buying a car, savvy shoppers do their homework to make sure they’re making the best purchase: taking the car for a test drive, asking about the repair history, and having a trusted auto shop inspect the car thoroughly. However, buying a car can be intimidating, since no one is on your side to help you negotiate the best price and understand the paperwork.

Buying a home is very similar to buying a car. But instead of having to make all of your decisions yourself, you can work with a real estate agent who has your best interests in mind.

real estate agent showing a homeYour agent will be able to give you in-depth information about homes and neighborhoods you may like, connect you with trusted service providers when you need to order a home inspection or want to make home improvements, and offer objective advice to help you make the best decisions.

Not working with a real estate agent when buying a home may cause you to lose time and money — and possibly the home that you love.

How to Avoid This Home Buying Mistake

Talk with a reputable local real estate agent about your home buying goals and how the agent will help you find the home of your dreams. An experienced real estate agent will know the area, provide a home’s history, and be a trusted advisor.

Buying a Home? Talk to Our Experts

If you’re considering buying a home in our area, let’s talk about your home buying goals. Have a few listings that you are interested in touring? Contact us and we can schedule a showing!