George P. Goulas - KELLER WILLIAMS REALTY | 508-509-3833 | GGoulas@kw.com


Posted by George P. Goulas on 4/14/2021

Let's face it – selling a home in a buyer's market is far from ideal. In this scenario, a home seller likely will compete with many property sellers to promote his or her residence. And despite a home seller's best efforts, there are no guarantees that he or she will be able to maximize the value of a residence.

A buyer's market often is a dream come true for property buyers and a worst nightmare for property sellers. Lucky for you, we're here to help you navigate a buyer's market and ensure you can get the best price for your home.

Now, let's take a look at three tips that every home seller who is operating in a buyer's market needs to know.

1. Complete a Home Appraisal

A home appraisal offers a valuable opportunity for a home seller because it enables this individual to identify a property's strengths and weaknesses. That way, a home seller can find the best ways to enhance a residence and help it stand out from other available properties.

Typically, a home appraiser will inspect a residence both inside and out. After the evaluation is completed, the home appraiser will provide a home seller with a report that describes problem areas that were identified during the assessment.

A home appraisal report can make a world of difference for a home seller, particularly in a buyer's market. With this report in hand, a home seller can work toward enhancing a house's interior and exterior.

2. Establish a Competitive Price for Your Residence

What you paid for your home a few years is unlikely to match the value of your house today. Meanwhile, a home seller should set a competitive price for a residence to ensure that his or her house stirs up plenty of interest from homebuyers.

To determine a competitive price, examine the prices of comparable homes that are currently available in your area. This will help you establish a price range for houses similar to your own.

Furthermore, check out the prices of recently sold homes in your city or town. This housing market data can help you make an informed decision about how to price your residence.

3. Work with an Experienced Real Estate Agent

An experienced real estate agent is unafraid to list a home in a buyer's market. In fact, this housing market professional knows exactly what it takes to sell a residence in any real estate market, at any time.

Thanks to an experienced real estate agent, you can streamline the home selling process. This real estate professional will showcase your house to the right groups of property buyers consistently. He or she also will set up home showings and open houses, negotiate with property buyers on your behalf and do everything possible to help you optimize the value of your residence.

Take the guesswork out of selling a home in a buyer's market. Use these tips, and you can keep things simple as you sell your residence.




Categories: Uncategorized  


Posted by George P. Goulas on 4/7/2021

The number one factor that affects the length of time a house remains on the market is curb appeal. That's the consensus of real estate professionals across the country, and was documented in a recent study by a well-known real estate website.

So if it's such a high priority, then why do a lot of homeowners skimp on that aspect of preparing their home for a fast sale? Sometimes it's a lack of awareness; other times it may be a lack of money. In extreme cases, it can be quite pricey to transform a home from "shabby" to "exquisite!" That's an unusual scenario, though, and in most cases the cost of enhancing your home's curb appeal should be both affordable and cost effective.

Where to Begin

The ideal visual (and visceral) effect you want to achieve can be summed up in ten words: fresh, well cared for, aesthetically pleasing, manicured, meticulous, updated, and clean. Perhaps a more concise way to describe the image you want to project to potential buyers is "pride of ownership." Once you're conveying that impression, people are going to make positive assumptions about the value and condition of your home. While it's not necessary that the front of your property and home look perfect in every imaginable way, it is important to pay attention to small details and overall impressions.

Some homeowners will see this goal as an overwhelming challenge, but it doesn't have to be. The first hurdle is to take care of the basics, such as making sure your lawn always looks freshly mowed and that there's no signs of peeling or faded paint on your home and garage. Pulling weeds, placing a few colorful hanging flower baskets in strategic locations, and trimming overgrown bushes and trees are also effective ways to make your property look more desirable.

An advantage of working with a seasoned real estate agent is that they can quickly size up the outside appearance of your home, and make cost-effective suggestions of ways to improve curb appeal and increase the attractiveness of your property. When it comes to selling your house in the shortest period of time, first impressions are vitally important.

One helpful tactic for getting your house noticed by house hunters and real estate agents is to take a walk (or drive) in your neighborhood to see how your curb appeal stacks up to other homes for sale in the area. Ideally, you want your home to look at least as good, if not better, than other nearby properties. Since potential buyers may be focusing their search on specific neighborhoods, such as yours, you'll be giving yourself more of an "inside track" in the real estate market by making sure your home compares favorably to others in the immediate area -- both inside and out.





Posted by George P. Goulas on 3/10/2021

After you accept a buyer's offer to purchase your house, it may be only a few weeks until you finalize your home sale. However, problems may arise that slow down the home selling process. And if these problems linger, they may stop your home sale altogether.

As a home seller, it is important to do everything possible to ensure the home selling journey is quick and seamless. If you know what to expect after you accept a buyer's offer to purchase your residence, you can prepare accordingly.

Now, let's take a look at three tips to help you wrap up a home sale.

1. Negotiate with a Homebuyer As Necessary

Typically, a homebuyer will request a house inspection after his or her offer to purchase your residence is accepted. This appraisal will enable a buyer to identify any underlying problems with your home. It also may lead a buyer to request a price reduction or property repairs in order to finalize a home sale.

Although you may have allocated significant time and resources to upgrade your residence before you listed it, a home inspector still might identify assorted house issues. In this scenario, you should be ready to negotiate with a homebuyer to find a solution that satisfies the needs of all parties involved in a home transaction.

2. Remain Patient

Ultimately, the period between when you accept an offer to purchase your house and closing day may seem endless. At this time, try to remain patient and focus on the big picture, and you may be better equipped than ever before to limit problems that could slow down your house sale.

It generally is a good idea to be open to communication with a homebuyer as well. If you keep the lines of communication open with a buyer, both parties can work together to ensure a home sale goes according to plan.

3. Collaborate with a Real Estate Agent

For those who are stressed out about the home selling journey, there is no need to worry. In fact, if you work with a real estate agent, you can receive expert guidance at each stage of the home selling journey.

A real estate agent is committed to helping you achieve the best-possible results. He or she will collaborate with you throughout the home selling journey and help you identify and address any potential home selling hurdles.

Let's not forget about the assistance that a real estate agent provides after you accept a buyer's offer to purchase your home, either. At this point, a real estate agent will keep you up to date about a home inspection request and the final results of an inspection. Plus, as closing day approaches, a real estate agent will help you get ready for the big day.

Take the guesswork out of selling your house – use the aforementioned tips, and you should have no trouble wrapping up a home sale.




Categories: Uncategorized  


Posted by George P. Goulas on 2/17/2021

If you are on the fence about whether to accept or reject a homebuying proposal, it is important to remember that a third option is available: countering the offer.

By countering a home offer, you can set the stage for a negotiation with an interested buyer. If a buyer accepts your counter-proposal, you and the buyer can move forward with a purchase agreement. Or, if a buyer rejects your counter-offer, you can always continue to seek out proposals from other potential buyers.

Before you counter a home offer, it is important to know what to expect after you make this decision. That way, you can feel confident about your decision to counter a homebuyer's proposal, even in a high-pressure situation.

Now, let's take a look at three tips to help you analyze a home offer and determine whether to counter it.

1. Assess the Housing Market

The housing market ultimately may play a key role in how a home seller approaches an offer. Because if a seller examines the real estate sector closely, he or she may gain actionable insights that can be used to differentiate a "fair" proposal from a "lowball" offer.

Look at the prices of comparable houses in your city or town, as well as the prices of recently sold residences in your area that are similar to your own. Then, you can use this information to take a data-driven approach to analyze an offer. And if you decide to counter an offer, you can rest assured that your decision is backed by relevant real estate insights.

2. Review Your Home's Pros and Cons

Oftentimes, it is beneficial to consider your house's age and condition as you review an offer. This will enable you to account for any potential home repairs and the costs associated with them – something a buyer also may do before he or she submits an offer on your home.

Don't forget to consider the strengths of your home as well. If you recently performed a series of home upgrades, you probably accounted for these house improvements when you set the initial asking price for your home. Thus, you should have no regrets about countering a home offer if it fails to match your expectations.

3. Consult with a Real Estate Agent

Hiring a real estate agent is crucial, particularly for a home seller who is uncertain about how to proceed with a home offer. A real estate agent can help you evaluate all aspects of a home offer and make it easy to submit a counter-proposal as needed.

Typically, a real estate agent will offer expert home selling recommendations. He or she also will respond to your home selling concerns and questions and ensure you can make an informed decision about any offer, at any time.

Ready to review an offer on your house? Use the aforementioned tips, and you should have no trouble deciding whether to counter a homebuying proposal.





Posted by George P. Goulas on 2/10/2021

Photo by Im3rd Media on Unsplash

Selling your home can be a very exciting experience. From house-hunting to packing up your stuff, it can all be a very fun and rewarding process. However, there are some steps that must be taken to ensure you sell your house for the right price. You must understand what your house is worth, then it's vital to make sure your home is ready to sell. To do this effectively, there are some tips to consider.

Spruce Up the Landscaping

While the inside of the home holds great importance, curb appeal also matters quite a bit for many home shoppers. That being said, sprucing up your landscaping can give your home curb appeal home seekers will love. To do this effectively, we recommend hiring a professional landscaping company. However, you can also do these tasks yourself. Be sure to trim the bushes, mow the lawn and pull those pesky weeds.

Clean the Exterior

As you’re making improvements to your landscaping, you should do some additional cleaning while you’re at it. If the exterior of your home appears dirty, then it may be pretty difficult to land the sale. To clean effectively, using a pressure washer is key. This is a great way to clean those hard to reach areas, and the powerful water blasts can wipe away dirt that has been stuck to your home for years. Also, be sure to clean the gutters and siding.

Complete Repairs

While a dirty exterior can look very bad, damages can look even worse. That being said, making repairs to your home is vital when looking to sell. While you may be hesitant to fix that costly dishwasher, doing so can go a long way as you’re trying to sell your home for its asking price. It's important to put your home in the best condition as possible to increase your chance of a sale.

Get Rid of Odors

If you have a strange stench inside or outside your home, then it’s best to take care of this as soon as possible. A strange odor can make the home seeker believe you have a mold, insect or pest issue, so you’ll want to ensure that these smells are taken care of right away. A good tip here is to invite your friends or neighbors over to do a walkthrough. Since you live in the home, you may be used to the odor; an outside source can fill you in if something smells off.

Make Things Tidy

A dirty home is a leading reason why many home seekers won’t follow through with a purchase. This is mostly due to the fact that clutter can make a space appear smaller than it really is. And when selling your home, you want to make sure that it looks as big as possible. Put away clothes, clean up the counter, and put things in storage if a certain area looks cluttered.

By following the tips outlined in this blog, you can do your best to inch closer and closer to selling your home!







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