Everyone knows the real estate market in Idaho is as hot as the temperatures right now and while it’s easy to get complacent when things are moving it’s still important to do your due diligence when it comes to selling your home.
With real estate going so fast right now selling your home may not be very challenging, but getting the most for your investment can come down to the details so we’ve put together these helpful tips!
You want to use the services of someone you trust, and you know that if you don’t talk to Uncle Bob about it first you’ll never hear the end of it at the next family reunion…but that’s still no reason to outright hire a family member – unless they are qualified. Plus, should things go badly it could end up making for awkward situations for years to come.
Hiring A Yes-man
You want experience. You hire a real estate professional for their knowledge and skill. That means just having someone say yes yes yes to everything defeats the purpose. By all means, find a agent that is agreeable, but is still confident enough to tell you how things are when necessary.
Signing with the first agent you meet without even looking at others, or asking for references and experience history can land you in a bad spot. While it’s not necessary to spend a lot of time window shopping for agents you do want to take a little time and make sure they have the skills you will need.
Hey, everyone wants to save a dollar, that’s no secret but like Ben Franklin used to say: “The bitterness of poor quality remains long after the sweetness of low price is forgotten“. Price isn’t everything – that goes for hiring expensive too! – just because an agent offers a lower commission rate doesn’t mean they are not good; likewise having an expensive commission doesn’t guarantee their services will be anything better either.
I hope this has given you some things to think about if you’re currently looking for a real estate agent! It can seem tough to find an agent that not only fits your needs but also your personal preferences, but it can be done with a little time and care. We hope you will take a moment to contact us if you have any questions – we would love to be the agent that helps you find your way home!
It’s no secret these days that just about anyone can get online and search for homes anywhere in the country. You’ve likely even seen tv commercials showing how easy it is to do even from your phone. So why do people still need real estate agents?
A truly qualified agent will do more than just give you a list of homes, they should be a qualified professional with insight into the market who can help you navigate the real estate transaction process with greater ease as well as understanding. But what are some other reasons you might want to work with a professional?
Buying or selling your home is one of the biggest decisions in your lifetime and it often involves major changes to living situations as well as finances. Real estate can seem like a treacherous undertaking, especially if you’re a first time buyer or seller, and the peace of mind that comes from knowing you won’t be facing it alone is worth it’s weight in gold — just like a good agent is!
Whether you’re buying or selling an agent familiar with the industry will be invaluable throughout the process. Offers, counter-offers, amendments, all of these steps can be overwhelming to take on alone. Even just knowing where the prices are in the market and how to negotiate will be well worth a commission when it brings you greater return on your investment.
This is especially important for sellers! A full time real estate agent will have marketing resources you yourself couldn’t hope to have on call without huge cost. They will be able to list your home, showcase it on their real estate website, share it on social media, and do many other things to get your home not only sold more quickly but generally for a higher amount. For buyers? You’re not left out either! An experienced agent will likely have many personal contacts and other options for finding you the perfect place.
These are just a few of the things many people don’t consider when thinking about buying or selling their home; it’s easy to understand – if you’ve never dealt with real estate before you can’t understand the value of a real estate experts experience. Don’t let hesitations keep you from reaching out to a Realtor® in your area with questions, you may be surprised to find how much easier working with a local pro can be!
You’ve likely heard by now that we’re in the middle of what industry experts like to call a “sellers market”, and while it’s very much true that right now is a great time to sell your home there are a number of reasons why it’s also an amazing time to buy!
How can it be both?
Granted, sellers are especially motivated right now because of low inventory and high demand – which almost guarantees a better return on their investment – but even with prices likely being higher there are still some great benefits to buyers.
It’s About Timing
Compared to last year home buyers are more ready to buy now. With the cold Winter months and the uncertainty of the elections out of the way many people are feeling more comfortable with finances.
Supply Vs Demand
Home inventory is low right now; even if there wasn’t a rush on listings their general scarcity adds a sense of urgency to the market. What if the home you want gets a better offer? This drives a lot of potential buyers off the fence and to the signing table much faster.
The Sky Is Falling
Many would be mover-uppers and potential home buyers are motivated right now because they’re afraid the mortgage rates are going to go up – and they likely should be. How does that aid in making this a buyers market within a sellers market? Because RIGHT NOW the rates are still low!
Of course money is always a factor, but with inventory being low and demand for homes being high it’s almost a certainty that home prices will also be going up. For the savvy home buyer this is a sure sign that if you’re thinking of buying any time this year it’s likely the sooner the better.
Are you considering buying a home and just having a terrible time finding the right one? Your dream home is out there and we can help you find it! Contact us or use our website to search for the current available homes today!
The market is heating up and with the prospect of selling a home is looking very enticing. As with any major change, it’s not something to be rushed into, and while it’s easy to start dreaming of where the next chapter of your life will take you there are some very real things to consider to make sure it’s a smooth transition. Everyone knows the basic things like prepping for staging and curb appeal, but here are a few things you might want to NOT do that may not have crossed your mind.
Don’t Hide Things
Now, we’re not talking about tucking the kids toys into the closet or hiding the dog bed when guests come over. This is more about not hiding problems with the home, like cracked foundations, mold, or other real issues that potential buyers will need to deal with. Not only is it dishonest, but it only serves to be a problem issue later when they get the home inspect and it’s found out.
Don’t Over Price
Look at other similar homes for sale in your area, and of course talk with a real estate professional about the market conditions. These are the two best ways to gauge the price you should be selling your home at; your agent should have good insight into the perfect initial price. Don’t worry if they mention reducing the price in a few weeks – this tends to be fairly common in the market.
Don’t Hire The First Realtor You Find
Don’t just type ‘find a realtor’ into google and go with the number one result. Who knows, they may be awesome, but it’s wise to at least check around a little bit to find the right real estate professional for you. Look at not only their experience and track record but also how they interact with you – you will after all be spending at least a decent portion of time with this person, it’s best if you enjoy each others company.
We hope these tips will help you steer clear of these potential pitfalls! It’s easy to get lost in the excitement of a change of life, especially once the process has started, but one sure way to stay on the right path is to work with a REALTOR® you can trust.
Many first time home buyers get a big surprise when their home values are different than what they thought they might be; unfortunately it’s rare to buy a home and have it’s value automatically climb with inflation or the market itself.
This is not to say that your home value cannot appreciate, but rather that it doesn’t generally happen overnight. Thankfully there are a few things you can do to help your new home hold it’s value over time – here are some tips to get you on the right path!
A drafty house is an inefficient house! Whether it’s Summer or Winter having your HVAC working double time just to keep up with temperature leaks can be a real money drain – when you live there and when it’s time to sell. Find and fix drafts throughout your home to insure that you’re not spending too much on energy costs and to help keep that home value stable.
Regular Ole Maintenance
It seems mundane and ordinary but the run of the mill stuff – that a lot of people just don’t pay attention to – are most often the things that can end up leading to costly repairs if not properly managed. This includes cleaning gutters, changing air filters, and having the furnace serviced – all common things to make sure you keep tabs on.
Landscaping and Curb Appeal
It’s easy to overlook the lawn, even though you walk by it every day, and believe it or not your yard plays a big role in your resale value. Many would-be buyers can be turned off and turned away if the curb appeal isn’t up to snuff. Turns out landscaping is one of the updates you can make to your home with the most return on investment.
Don’t Skimp On The Big Stuff
Need a new furnace? New roof? New Floor? Chances are unless you’re a contractor you don’t have the skill set needed to truly to those big jobs right; doing them wrong can be absolutely disastrous and cost you even more money by needing to have someone come back in and do it right. So don’t skimp! Hire a professional, chances are your agent knows several they can recommend.
Leary about selling? Not sure if the market is ready? Not sure if YOU are ready? Good news – we can help! Get in touch today to find out how a qualified real estate professional can help you avoid pitfalls and make the right choices throughout your next move!
Warmer weather has arrived and the days are already starting to get longer; this means it’s time to start thinking about getting out and enjoy a little vacation time. Nothing can ruin the memories of that time well spent like returning home to find a disaster area. Common sense things like turning off water, having mail picked up, and locking all the doors are easy to remember, but there are some things many people may not have considered.
Here are some things you can do to be proactive in keeping your home safe when you’re out of town.
Save The Status Updates
We know it’s difficult but you might want to save posting those pictures of the vacation until you get back from the trip. Believe it or not, would be evil doers now use social media to see if people are out of town and target their home. If you can’t resist the urge maybe only share pictures via private messages or to selected friends.
Of course someone is home! It might not be a bad idea, even if you don’t have pets, to hire a house sitter or talk to a trusted friend about coming over and just spending some time in your home to help make any potential door knockers believe that there is someone home.
Burglars often will watch a home for some time and may know your schedule, so they will notice things like a lack of lights on in the house. So, leave a few lights on, or better yet get a timer to have lights come on at dark to give the illusion that someone is home.
What Needs Power
Go through the house before you leave and take a look at what actually needs to be plugged in and what doesn’t. Things like computers, steroes or TV’s that won’t be in use while you’re out can be a big power drain even when not on, worse yet if there is a power surge while you’re gone they might be damaged.
These few things can help keep your home a little bit safer while you’re away enjoying your leisure time. It never hurts to talk to your next door neighbors and let them know you’ll be away so they can keep an eye on the house as well.
Everyone wants a good deal. Unfortunately that’s the reason many homeowner’s take the For Sale By Owner (FSBO) route instead of hiring a real estate professional. Either they think it will save them money, save them hassle, or they are just confident that they can navigate the process on their own. Fact is, there are some really good reasons why many FSBO efforts fail; they are the same reasons you like should work with a qualified REALTOR®.
Too Many People To Deal With
A person can only handle so much. You’re already dealing with getting the house ready to show, possibly still finding a new place, packing…and then you’re going to meet with the buyer, the buyers agent, your bank, the home inspector, the appraiser, and maybe even an attorney? It’s a full time job just keeping up!
Homeowner’s Don’t Know The Market…or How to Market…
Do you know the median home value for your area? Are you knowledgeable in the best ways to market and advertise your home for maximum return? There are any number of things that need to be taken care of before you even list your home; a good agent should know all of them.
There’s a lot more to selling a home than just putting a sign in the yard. Even after you’ve found a qualified buyer there are further challenges like the home inspection, home assessment and what to do about them – surprises lurking in your foundation or attic could kill the deal before it even starts. Speaking of qualifying buyers: that’s one of the biggest parts of the deal – just finding people not only interested in your home but who are financially able to buy it.
This item alone should be caveat enough. Familiarity with the paperwork is essential and not knowing the correct processes can sink a sale quick! The sheer volume of the paperwork itself is another factor as well, not to mention that much of the paperwork itself must follow very specific timelines.
The old adage is true: Many hands make light work!
And considering that you’ll almost need to be in multiple places at once, besides having a familiarity with the system that only comes with experience, a skilled real estate professional is an invaluable asset when it comes time to sell your home.
No, seriously, do it. Do it NOW!
The kitchen is often thought of as the heart of the home; no one can argue that especially as the holidays get close it’s one of the busiest rooms in the whole house! That being the case it should be of extra importance that it look good and function as well as possible. A large part of the appearance of your kitchen of course are the cabinets. The cabinets in your kitchen really set the tone of the room – it’s too bad so many people choose drab over fab. If your conscience hasn’t already gotten the better of you here are a few more reasons to paint those cabinets!
Your Kitchen Is a Dungeon
Ok, so maybe that’s a bit overboard…but seriously, if your kitchen is dark and scary who’s going to want to spend time there? Dark colored cabinets that are old or dreary have got to go. A reflective surface for your backsplash will help further, by bouncing light around the room to make it feel more spacious. Think bright, light, and welcoming!
It Looks Like A Set From Starsky & Hutch
SOLID! But you don’t want to be superfly! If you’ve got old wood paneled or just out-dated looking cabinet styles in your kitchen it may be time for them to go. A coat of paint can take your cabinets from “meh” to masterful in just a day.
That’s right! It’s EASY! And that’s reason enough right there. A little sanding, and a little paint can really go a long way towards not only sprucing up your cabinets but also breathing new life into your entire kitchen. When it comes to bang for your buck painting your cabinets is among some of the most affordable ways to drastically change the feel of a room.
Great Kitchens SELL.
Period. End of statement. If there is one room in your home that can make or break the sale it’s the kitchen. If it’s perceived to be too small, or unwelcoming, it just might be the deal breaker that keeps your home from moving off the market and getting you maximum return for your dollar.
Whereas a complete renovation may cost too much, take too much time, or just be more than you want to deal with, painting your cabinets can really turn things around in a big way for not a whole lot of dollars out of pocket. Whether you’re looking to update your exiting home to sell or need to find a new place to call home get in touch – I know the local area and can help make your move the right one!
Selling your home can be a real challenge; a unique process compared to buying a home or any other real estate transaction. It can be hard to know what to do and how to progress in the proper manner; it is for that reason that having an experienced real estate agent can make all the difference. We’ve put together a few hot button items to help you steer clear of some of the most common pitfalls when selling your home, but of
course always recommend working with a professional.
Make Sure the Time is Right
Don’t sell before you’re ready. Don’t sell before the market is ready. Don’t sell before the house is ready. Only you can know whether the time is right for you, your REALTOR® should know if the market is good, but you can do a lot on your own make sure the home is ready. Take care of any repairs that are outstanding, especially if they are major, to insure the best return on your investment.
Don’t Over Improve
What you consider an improvement might not be to the taste of the new owner; not all home improvements are the same either – some can return more or less when it comes to monetary value on return. You may love your new bright pink lady lair, but that coat of paint could cost you the sale if potential buyers aren’t so hot on that style. Lastly, if the improvements you choose are costly you may not recover their cost even if you do end up selling the home.
Don’t Play Hide And Seek
Selling a home is much like any other business, it needs to be based on trust and honesty. Considering that, don’t hide any details about your home or your finances that could pop up as potential pitfalls later on. Some less than desirable details about your house may be ill received, and even cost you a buyer or two, but that’s nothing compared to the fallout of having to deal with outraged buyers or even charges of fraud after the fact.
Selling a home is a process, with a lot of money at stake, and it’s never a good idea to rush into ventures of that nature. Take time to plan not only your sale itself but the steps leading up to the sale – preparing the home, talking to the kids about the move, packing your home, and a myriad of other details. Don’t rush into thing, make sure the agent you choose is a good match for you and also knows the market. A little patience
can go a long way and even in a fast moving market it takes time for the sale itself to be processed.
It’s a fairly common thing, you’ve lived in your home for some years and either your lifestyle has changed, the kids have moved out or grown up, or maybe you’re just tired of the same old thing. You look around and simply need more space, or realize there’s just no way to reconfigure the floor plan without major changes. Whatever the case your long term plan didn’t include any of these things when you first set out; now it’s time to decide what to do in order to get it the way you want.
If you’re not sold on moving yet, consider revamping some of your living spaces. While not all home improvements are equal there are some that will add value to your home over others. A good place you can almost always regain value is by upping your curb appeal.
Small remodel projects can make your home like a new place. Especially if you are getting that new big tub in the master bath or some other luxury you’ve always wanted as part of the deal. Small remodels are a great way to sate the need for change without the cost of a new home.
It’s not a sin to up the ante and do a serious full remodel of your home. If you love the area, don’t want to move, and have the budget a remodel may provide you with the best of both worlds.
Color Your World
Repainting can really change the entire mood of your home. Consider a fresh coat in rooms that need a re-do; think about moving the furniture – or even getting new furniture – to turn those rooms around.
Maybe there is nothing to be done. Maybe it simply won’t work – you need more room, or less room – and have to make the move.
If that time has come we’re here to help! The real estate market is really moving; we’re seeing homes moving quickly – and even multiple offers! Given the limited number of homes for sale that might suit your needs it’s always a good idea to work with a qualified REALTOR® when the time comes.