RE/MAX Executive Realty



Posted by RE/MAX Executive Realty on 11/18/2018

Selling a house the second time around may prove to be much easier than your initial home selling experience. In fact, a veteran home seller can learn a lot from his or her past home selling experience, including:

1. How to Establish a Competitive Initial Home Asking Price

Setting a competitive initial home asking price is paramount, regardless of a home seller's experience. If a seller establishes a competitive initial asking price from the get-go, he or she can increase the likelihood of stirring up plenty of interest in a house. Conversely, a seller who sets an initial asking price that is too high or too low may struggle to achieve the optimal home selling results.

Think about how you priced the home that you most recently sold. This experience may help you determine how you'll price your current house, as well as enable you to avoid potential pricing mistakes along the way.

Furthermore, it usually helps to look at the prices of comparable houses in your city or town. If you assess this housing market data, you can see how your house stacks up against the competition and narrow the price range for your residence.

2. How to Promote a House to the Right Groups of Buyers

If you previously struggled to showcase your house to buyers, you can learn from your past experience and avoid making the same mistakes once again.

Ultimately, a home seller should allocate time and resources to enhance the curb appeal of his or her home. If a house features a stunning exterior, it may generate lots of interest from buyers.

It often helps to maintain a clean home interior as well. If you keep your home neat, tidy and clutter-free, buyers should have no trouble envisioning what life might be like if they purchase your house.

3. How to Hire the Right Real Estate Agent

Conduct an in-depth search for the right real estate agent – you'll be glad you did. If you meet with a variety of real estate agents, you can find a housing market professional who can help you achieve your desired home selling results.

Don't forget to request client referrals from a real estate agent. Because if you can learn about past clients' experiences with a real estate agent, you can make an informed choice about whether to hire this real estate agent to guide you along the home selling journey.

Ready to add another house to the real estate market? Use your home selling experience to your advantage, and you can boost your chances of enjoying a profitable home selling journey.




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Posted by RE/MAX Executive Realty on 11/18/2018

If you want to own a home, it may be a good idea to enter the housing market sooner rather than later. That way, you can go from homebuyer to homeowner in no time at all.

Ultimately, there are three steps to buy a home:

1. Conduct an Extensive Home Search

The home search, aka "the fun part" of the homebuying journey, enables you to select a residence that matches or exceeds your expectations.

During a home search, you'll want to attend open houses and home showings. These events will allow you to take an up-close look at a variety of residences.

Of course, don't forget to check out many home listings as well. These listings offer lots of details about a home and can help you differentiate an ordinary residence from your "dream" house.

You also may want to get pre-approved for a mortgage before you kick off your home search. If you receive pre-approval for a mortgage, you can enter the real estate market with a budget in hand and narrow your home search accordingly.

2. Submit an Offer

If you find a house that you want to own, there is no need to wait to submit an offer. Because the longer that you hesitate to make a proposal, the more likely it becomes that a rival homebuyer will swoop in and acquire your dream house.

Prior to submitting a home offer, it often helps to conduct plenty of housing market research. Look at the prices of recently sold houses that are comparable to the residence that you'd like to buy. Then, you can put together a competitive offer that accounts for a house's condition as well as the current state of the housing market.

It is important to note that a seller has the right to accept, reject or counter your home offer. But if you submit a competitive initial offer on a house, you can increase the likelihood of an instant "Yes."

3. Finalize Your Purchase

After a home seller accepts your offer, it may be only a few weeks until you finalize your home purchase. At this time, you'll want to conduct a home inspection to identify any potential problem areas and address such issues as soon as possible.

When it comes to buying a home, there is no need to forgo a home inspection. If you fail to complete an inspection, you risk buying a house that has underlying issues that you may need to mitigate down the line.

In the weeks leading up to closing day, you will want to have a trusted real estate advisor at your disposal. Fortunately, real estate agents are available who can help you discover a great home and streamline the process of getting to closing day.

A real estate agent is happy to keep you up to date throughout the homebuying cycle. And if you ever have homebuying concerns or questions, this housing market professional is happy to address them.

Purchase your perfect home – use the aforementioned steps, and you can make your homeownership dreams come true.




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Posted by RE/MAX Executive Realty on 11/11/2018

After you receive an offer to purchase your residence, determining the best course of action often can be difficult. Because if you make the wrong decision, you risk missing out on an opportunity to sell your house and maximize its value.

Ultimately, it may prove to be beneficial for a home seller to submit a counter-offer. There are many reasons why a seller may choose to provide a counter-proposal, and these include:

1. A homebuyer's initial offer to purchase fails to match your expectations.

Although a homebuyer's initial offer to purchase your residence fell below your expectations, you can always submit a counter-offer to find out if a buyer is negotiable. That way, you may be able to work with a buyer to find a common price that is suitable for all parties.

When it comes to selling a house, there is no harm in submitting a counter-offer. Remember, the worst response a home seller will receive to a counter-proposal is a simple "No." And even in the worst-case scenario, a seller can move forward with the property selling journey and await an offer to purchase that matches his or her expectations.

2. You are flexible about the price of your house.

As a home seller, you probably realize that what you originally paid for your house is unlikely to match your residence's current value. But even if you set a competitive initial asking price for your home, you may still want to negotiate a counter-offer if a buyer's initial proposal falls short.

The housing market constantly fluctuates, and a sector that favors sellers today may favor buyers tomorrow. Thus, if you are flexible about the price of your house, you can always negotiate a price with a buyer that accounts for the present state of the real estate sector.

3. You want to get the best-possible price for your residence.

The goal of the home selling journey is to obtain the best price for your home, regardless of the real estate market's conditions. Therefore, rather than accept or reject an offer to purchase, it may be beneficial to see if you can receive a better proposal from a buyer.

As you move along the home selling journey and review an offer to purchase, you should not hesitate to collaborate with a real estate agent. With a real estate agent at your side, you can receive plenty of guidance throughout the home selling journey.

Typically, a real estate agent will help you list your residence and promote it to prospective buyers. He or she will set up home showings and open house events and keep you up to date about any offers to purchase your residence. Then, when you receive an offer to purchase, you and your real estate agent can work together to determine how to proceed.

Hire a real estate agent – you'll be glad you did. By employing a real estate agent, you can get the help you need to fully analyze an offer to purchase your residence.





Posted by RE/MAX Executive Realty on 11/11/2018

Buying a house involves dozens of interrelated decisions, many of which could affect the quality of your life for years to come. No pressure, though!

Working with an experienced real estate agent with whom you feel comfortable is one strategy for successfully navigating many of those pivotal decisions. The ideal buyers' agent will be familiar with neighborhoods in your target area, and is trained to help you match your requirements with properties in your price range. They can assist you in developing a priority list of things you want and need in your next home.

In addition to noticing the features of each individual house you're considering, there's also the bigger picture of the character of the neighborhood in which homes are located. Here are a few things you may want to keep in mind as you visit different homes for sale.

  • Street traffic: There are several distinct disadvantages to living close to a busy street or highway. First of all, there's the noise factor, which is often a deal breaker for people who thrive on peace and quiet! If you have young children, a busy street can also be a potential safety hazard. When you have cars constantly driving by your house, privacy is another issue to consider.
  • Proximity of houses: Speaking of privacy and quiet, there's also the question of how physically close houses are situated next to each other. If they're only ten or twenty feet away, then you might end up knowing more about your neighbors than you really want to! (The reverse of that is also true.) In those instances, privacy hedges and tall fences can provide some benefits.
  • Appearance of the neighborhood: If nearby houses are in run-down condition or poorly maintained, that's generally a "red flag," in regard to the quality of the neighborhood. The same can usually be said about prospective neighbors who keep junk vehicles or construction debris on their property for any length of time. If you're considering a neighborhood with one or more abandoned houses on the street, proceed with caution. However, what you see, is not always what you get! Appearances can be misleading, and there may be plans underway, for example, to demolish a fire-damaged house and replace it with a new and improved home. Very often your real estate agent can find out more about the circumstances surrounding an abandoned or boarded-up house. They may also be able to help you research crime statistics for a particular neighborhood or street.
  • Convenience factors: All things being equal, it's nice to live within walking distance or a short drive from grocery stores, drug stores, banks, public parks, the post office, child care services, schools, doctors, dentists, hospitals, veterinarians, restaurants, and other amenities.
When you've narrowed down your house search to one or two possibilities, a lot of useful information can be gathered by scheduling a couple additional visits and/or walkthroughs -- especially at different times of the day or week. Second and third visits to homes you're considering can definitely shed additional light on factors such as noise level and other quality of life issues.





Posted by RE/MAX Executive Realty on 11/4/2018

Many buyers are searching for a home with an attached garage. It helps to keep cars out of the sun, rain, and snow. An attached garage allows you to walk directly from your vehicle into your home without worry. 


Garages used to be detached. These structures offered many benefits to homeowners that seem to be forgotten. As cars became more popular and larger, families began to own two cars at their properties. When this became common, so too di the attached garage.  


While an attached garage is seen as a luxury and often a necessity, the good points a detached garage have shouldn’t be overlooked. 


Attached garages can be converted into living spaces. This affords you as a homeowner much more room without the need to move. Homeowners can then build a detached garage for storage or the placement of a vehicle. 


Other Advantages To Detached Garages


A detached garage adds character to a home. Many buyers complain of tired suburban architecture, where the garage often becomes somewhat of a focal point for the front of the home. Detached garages can be more pleasing to look at.


You’ll also have a bit more wiggle room as to how you design your home. If you build a detached garage, it can be placed at an angle on the property. The garage can also be hidden in the backyard, or designed to look like a smaller version of the larger house. A path can even be built through the yard to the garage to bring a design to the entire yard. 


Another advantage to a detached garage is that toxic fumes from your vehicle won’t get into the house. Homes with detached garages can often receive green points for environmentally friendly building practices. There’s also less of a risk posed to you and your family for things like carbon monoxide poisoning. You can’t leave a vehicle running very long in an attached garage without that risk.   


A detached garage also affords the possibility of adding living space above the garage. It can be a great play space for kids or a game room for adults. You can even build a home office in the upstairs portion of the garage. The area will indeed be quiet if placed strategically. If the attached garage is new construction, you can run wild with it. The design is up to you and the possibilities are truly endless. 


While many buyers search for a home with an attached garage, detached garages can have many pros and allow great flexibility to you as a homeowner.           




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