George P. Goulas - KELLER WILLIAMS REALTY | 508-509-3833 | G@AllworthRealty.com


Posted by George P. Goulas on 10/17/2018

A home seller who understands his or her residence's strengths may be better equipped than others to enjoy a successful property selling experience. Fortunately, there are many things you can do to identify your house's strengths before you list your residence.

Now, let's take a look at three tips to help you identify your home's strengths.

1. Conduct a Home Inspection

Although a home inspection generally is requested by a buyer after a seller accepts his or her offer to purchase a house, a seller may want to conduct an inspection prior to listing a residence. That way, a seller can gain deep insights into a house's strengths and weaknesses and map out his or her property selling strategy accordingly.

A home inspection may require only a few hours to complete, and an inspection's benefits can be significant. After an inspection, a homeowner will receive an inspection report that details any home problems. Then, a homeowner can use this report to learn about his or her house's strengths and weaknesses and explore ways to transform assorted weaknesses into strengths.

2. Consider the Buyer's Perspective

Think about why a homebuyer may consider your residence over other options Ė you'll be glad you did. If you analyze the buyer's perspective, you could discover unique ways to distinguish your house from the competition.

Evaluating the buyer's perspective may help you prioritize home upgrades too. For instance, if your home boasts a large in-ground swimming pool, you may want to dedicate time and resources to clean your pool and perform any necessary repairs. Or, if your residence has a two-car garage, you may want to eliminate clutter from it so you can show off the true size of your garage to potential buyers.

3. Collaborate with a Real Estate Agent

If you are unsure about what differentiates your home from other properties in your city or town, there is no need to worry. Because if you hire a real estate agent, you can receive expert support throughout the home selling journey. And as a result, you can identify your house's strengths and take the necessary steps to highlight these strengths to potential buyers.

A real estate agent understands what it takes to sell a house, regardless of a property's age or condition. He or she is happy to meet with you and learn about you, your home and your home selling goals. Next, a real estate agent will craft a property selling strategy for you. And once you put this strategy into action, you should have no trouble achieving your desired house selling results.

In addition, a real estate agent is ready to assist you in any way possible throughout the house selling journey. If you have concerns or questions at any point during this journey, a real estate agent will respond to them right away.

Ready to add your house to the real estate market? Take advantage of the aforementioned tips, and you can identify your house's strengths and develop an effective strategy to promote your residence to the right groups of potential buyers.




Categories: Uncategorized  


Posted by George P. Goulas on 10/10/2018

There are countless reasons a homeowner might want to sell their home and buy another. Some want to move for a change of scenery or to relocate for work. Others are parents with a recently empty nest who want to downsize to something more affordable that meets their needs.

The good news for second time homebuyers is that you already have an idea of what to expect when buying a home. The research, paperwork, disappointments, and delays that come with buying a home can all be prepared for. However, if you have the burden of selling your old home, finding a temporary place to live, and then moving into a new one, your responsibilities can be doubled or tripled.

In this guide, weíll go over how to prepare for selling your old home and moving into the new one. Weíll cover some common mistakes and offer some advice to keep you sane throughout this daunting (but exciting!) process.

Buying or selling first

For most homeowners, selling first makes the most sense financially. Holding onto a second house often means having to make two mortgage payments at once. Similarly, selling first will give you a much clearer idea of your budget for your new home.

Depending on market conditions, your home may or may not sell for as much as you were hoping. Itís important to keep this in mind before signing onto a new mortgage.

Moving logistics

Once you sell your home, youíll have to work out living and storage arrangements until you are ready to move into your new home. It may seem easy at first--just rent for a couple months until your move-in date, right? It isnít always that simple, however, as deals can sometimes fall through and you can find yourself with a move-out date from your own home without having finalized a deal on your new home. Because of this, many homeowners elect to may their current mortgage for an extra month or two until they can move in to their new home. 

Research your options for short-term living and storage in your area. See if you can work with moving companies who will give you a discount for helping you move twice; once to the storage facility and again to your new home.

One way around this is to time your move out and move-in dates so that you donít have to worry about storage. Some homebuyers will even move into the new home before officially closing on the home (i.e., take possession before closing). While this may be convenient, it can also be dangerous for the buyer and the seller.

Plan meticulously

One of the best piece of advice we can give is to stick to your schedule and keep good records during your buying and selling processes. Make sure whoever buys your home is aware of your plans for moving out and that anything that could delay those plans (inspection issues, moving logistics) are taken care of.  

Keeping track of all this information can be difficult, so donít be afraid to keep a daily list or planner of the things you need to take care of, and never be afraid to reach out to your real estate agent who will often be able to advise you on the best way to make your move as smooth a process as possible.





Posted by George P. Goulas on 9/26/2018

Receiving a low offer on a home can be frustrating for a seller. But, youíre likely to see at least one or two offers on your property that are lower than you would like.

Right now, the housing market is filled with young professionals burdened with student loans, rising costs of living, and stagnating wages. So, itís no wonder that theyíre trying to save money anywhere they can.

In todayís post, weíre going to talk about what to do when you get a low offer so you can set yourself up for a sale that youíre happy with.

Donít refuse outright

The first thing to know about low offers is that they can sometimes turn into something that both you and the buyer are happy with. Many successful home sales started at a number that the seller considered too low, but--through negotiation--was brought to a higher price and better deal overall.

Many sellers are uncomfortable with the idea of negotiation. Most people seldom negotiate prices unless they are buying a car, and even then would prefer to avoid the hassle.

For others, negotiation is a normal part of everyday life. Flatout refusing an offer, especially if you arenít receiving many other higher offers, could be a missed opportunity.

Compare your asking price with similar homes nearby

Odds are that you and your agent have already done your research and found an asking price that is comparable in your neighborhood. But home prices fluctuate. To reassure yourself that your asking price is fair, take another look at homes up for sale that are around the same age and size of your home.

Take time to craft a counteroffer

Once youíve had time to talk the offer over with your family and real estate agent (and maybe vented a bit), itís time to come up with a counteroffer.

There are a few options for making a counteroffer that donít involve significantly lowering the amount you stand to gain from the home sale. First, you could offer to relieve the buyer of some of the closing costs, such as paying for the inspection. Or, if you planned on leaving new appliances in the home, you could lower your asking price but take the appliances when you move.

Weigh your options

If the buyer still wonít raise their offer close to your asking price, itís probably a good time to move on and rethink your sale strategy.

Take some time to consider the sale as a whole. If you arenít receiving many other offers, it might be time to consider lowering to price or rethinking your marketing plan. You might consider repainting and taking new photos, or changing up your listing to highlight some other features of the house.





Posted by George P. Goulas on 7/25/2018

Selling a house sometimes can be complicated. But if you understand the home selling journey, you may be better equipped than other sellers to avoid potential pitfalls.

Now, let's take a look at three tips to help you simplify the home selling journey.

1. Analyze the Local Housing Market

The age and condition of your home may have far-flung effects on how much a buyer is willing to pay to acquire your residence. At the same time, the local real estate sector can have major ramifications on your property selling experience.

A home seller who analyzes the local housing market can identify real estate patterns and trends. Then, this seller can use housing market data to establish a competitive initial asking price for his or her residence Ė something that may lead to a quick, seamless home selling experience.

Don't forget to review the prices of recently sold houses in your city or town too. By doing so, you can see how your home compares to these residences and price your house accordingly.

2. Assess Your Home

If you've maintained your home over the years, you may be in a good position to maximize your house sale earnings. On the other hand, if your home requires repairs, there may be no time like the present to complete property improvements.

Oftentimes, it is beneficial to conduct a home inspection and appraisal prior to listing a residence. During a home inspection, a property expert will examine your residence and offer insights into any underlying property issues. Meanwhile, during an appraisal, a property expert will craft a property valuation based on your residence and various housing market factors.

3. Hire a Real Estate Agent

If you're unsure about how to navigate the home selling process, you may want to hire a real estate agent. That way, you'll have a home selling expert at your side to help you identify and eliminate assorted property selling hurdles.

A real estate agent understands what it takes to sell a home, regardless of the current housing market's conditions. He or she first will meet with you and help you create a property selling strategy. Next, a real estate agent will set up home showings and open house events to promote your residence to prospective buyers. And if you receive an offer to purchase your house, a real estate agent will provide recommendations and suggestions about how to proceed with this proposal.

In addition, a real estate agent will go above and beyond the call of duty to ensure you can get the best price for your house. He or she is ready to negotiate with a buyer's agent on your behalf, and as a result, can help you optimize your home sale earnings.

When it comes to selling a home, complications may arise. Fortunately, the aforementioned tips can help you streamline the home selling process and ensure you can enjoy a fast, profitable property selling experience.




Categories: Uncategorized  


Posted by George P. Goulas on 7/18/2018

If this is your first time selling a home, you might not be familiar with the costs associated with selling. Lenders and agents help to make this process as simple as possible for both the buyer and seller. However, itís still a good idea to know what to expect to pay for selling your home, as it seems counter-intuitive that you would have to pay to sell something.

Due to the consolidation of costs by lenders, it can be easy to glaze over the list of closing expenses without fully knowing what they mean. But since many fees can be negotiated, it pays to learn the ins and outs of closing costs.

Whether youíre selling your home soon or just want to brush up on real estate processes, this article will give you a better understanding of closing costs from the perspective of a seller.

Closing costs

Buyers typically pay the majority of the closing costs associated with purchasing a home. However, there are some closing costs that buyers are at least partially responsible for.

Notary fees, expenses from escrow, and title insurance are all likely costs youíll have to dish out before closing.

Agent fees

Real estate agents typically earn a commission on selling a house. The work they put in saves you in several ways. First, you donít have to pay for all of the marketing expenses associated with selling a home. This includes photography, sign-making, and online listings.

Agents can save you in other ways, as well. Theyíll help you price your home effectively, negotiate prices, and take care of the time-intensive process of showing your house. You wonít want to have to take time off from work to try to DIY these steps.

Taxes

Since youíve likely owned your home for a while now, youíre familiar with paying property taxes. If you pay taxes yearly and are moving toward the end of your pay cycle, youíll have to pay a prorated rate for the amount of time youíve lived in the home that year.

The burden is also yours for any remaining HOA fees and state transfer taxes. Not every state charges transfer taxes so be sure to check the cost for your state.

Moving costs

Moving can be an expensive endeavor. Aside from hiring movers, renting vans, or buying boxes, there are a number of expenses we donít often think of when preparing to move.

First, it will take you a while to get your new home set up. That means you should be prepared to eat out for a while until you get settled.

On top of that, thereís also the matter of having to take days off from work, which can be costly in its own right.

Those are some of the most common expenses a buyer has to worry about during closing. Your real estate agent will be able to give you a comprehensive rundown of costs and help you find the best agreement.







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