TLC Real Estate



Posted by TLC Real Estate on 12/24/2021

If you add your house to the real estate market but fail to garner buyers' attention, now may be a good time to revamp your home pricing strategy. Otherwise, your home may remain on the housing market for many weeks or months before it finally sells.

Generally, there are several factors you need to consider to determine if you have priced your residence appropriately. These factors include:

1. The Current State of the Housing Market

The demand for houses in your city or town may have far-flung effects on your property selling experience. For example, if there is significant demand for houses in your area, the real estate sector favors sellers. Or, if there is minimal demand for homes in your city or town, the real estate market favors buyers. And if you do not price your house appropriately in a seller's or buyer's market, you may struggle to stir up interest in your home.

It often helps to price your house based on the current state of the real estate market. By doing so, you can establish an initial asking price for your home that falls in line with buyers' expectations.

To assess the current state of the housing market, evaluate the prices of recently sold residences in your city or town. You should find out how long these houses were available before they sold, too. Once you have this housing market data in hand, you can determine whether a seller's or buyer's market is in place and price your house accordingly.

2. Your Home's Age and Condition

The price you originally paid for your home is unlikely to match your house's current value. Fortunately, if you evaluate your residence's age and condition, you may be better equipped than ever before to set a competitive initial asking price for your home.

Sometimes, it helps to conduct a home appraisal before you list a residence. An appraisal enables you to receive a property valuation that accounts for your house's age and condition, along with various real estate market factors. Then, you can use this valuation to determine the optimal initial asking price for your house.

3. Your Home Selling Timeline

If you are in a hurry to sell your home, you should establish an initial asking price that will grab buyers' attention. On the other hand, if you can afford to be patient during the home selling journey, you should not settle for a subpar offer to purchase your house.

When it comes to establishing a home selling timeline and determining how to price your residence, hiring a real estate agent may be beneficial. A real estate agent understands what it takes to sell a home, regardless of the current housing market's conditions. As such, he or she will work with you to ensure you can price your home competitively.

For those who want to streamline the home selling journey, it typically helps to start with a competitive initial asking price for your house. If you consider the aforementioned factors, you can boost the likelihood of pricing your home appropriately from day one of the house selling journey.




Categories: Uncategorized  


Posted by TLC Real Estate on 11/26/2021

If you're getting ready to put your home on the market, one of the best things you can do is adopt a "go with the flow" attitude!

Unless market conditions are ideal and all the stars are in perfect alignment, there will probably be a few ups and downs on the road to getting your house sold!

In all probability, there will be encouraging days and a setback or two, but with the help of a resourceful real estate agent and a little planning on your part, good luck is sure to come your way! What do we mean by the word "luck" in this case? The answer to that question can be found in a quote by the ancient Roman philosopher, Seneca: "Luck is what happens when preparation meets opportunity!"

While a proactive real estate agent will create opportunities to attract potential buyers and present your home to its best advantage, the "preparation" part of the formula will mostly be up to you. Here are a few tips to help you make the most of that "window of opportunity" that opens up as soon as your agent puts your house on the market and plants a for sale sign in your front yard!

Curb appeal: Making a great impression from a street point-of-view can be one of your most effective forms of advertising. When your property looks neat, well maintained, and nicely landscaped, you'll be sending a positive message to potential buyers. By showing people that you have pride in ownership, they'll realize and appreciate the fact that your home has been well taken care of. Some homes require more preparation than others to convey that image, but when you pay attention to details, the desired results often follow.

Home staging: Staging your home for maximum impact involves strategies like arranging furniture in conversational groupings. In other words, if the configuration of your furniture lends itself to socializing, relaxation, and comfort, you'll be sending a positive message to people about the desirability of your home. It's also to your benefit to convey a feeling of spaciousness, cleanliness, and good taste. Although everyone has different taste when it comes to decorating, your real estate agent can offer helpful tips, based on their experience, objectivity, and training.

Most upgrades, repairs, and improvements to your house can potentially increase the chances of selling your home within the shortest period of time. Your agent can help you prioritize tasks you need to do to make a favorable impression on house hunters. They will provide you with professional advice on factors like cost effectiveness, urgency, and putting your best foot forward. In many cases, there are simple and relatively inexpensive measures you can take to improve your home's marketability, eye appeal, and perceived value.





Posted by TLC Real Estate on 8/27/2021


 Photo by Gerd Altmann via Pixabay

Booming housing markets are obviously bad news for buyers, especially if they're afraid they're about to buy smack dab in the middle of a bubble. However, there are also reasons why residents and even home sellers should fear housing booms as well. When a city or town undergoes rapid growth due to a major corporation striking it rich, it isn't all champagne and caviar for the everyday people who live in the neighborhoods. 

1. Owners Move Up Their Sale Dates 

Owners who want to capitalize on the housing boom face two major problems. The first is that they likely weren't ready to move, and the second is the question of where they should move to. Because housing booms extend far past where the corporation has set up shop, it's not as though owners can purchase a property in the next town over. To reap the profits of their sale price, they may need to move clear out of state! Add that to the added stress of an early sale date, and it's easy to see why sellers aren't always making out like bandits. 

2. Residents Face Increased Costs of Living 

When housing prices go up, so too does everything else. From insurance to groceries to entertainment, those with a steady income find that it doesn't stretch as far as it used to. So unless residents are planning to move to a cheaper area or they're about to get a serious raise, they're essentially left in a worse position. This undisputed fact has put residents in a tenuous position, especially if they were trying to save. 

3. Neighborhoods Lose Their Appeal 

Unfortunately, it's usually the same developers who are buying up property during housing booms. These owners are primarily concerned with how to squeeze the most money from the well-paid employees at the nearest corporation. And while this is understandable, it tends to whitewash neighborhoods so everything starts to look the same. Even the landowners who try to brand themselves as funky to appear hip the younger crowd tend to water it down to the point where there's little personality or charm to what were once thriving and close-knit communities. 

There's no doubt that corporations can bring unprecedented success to neighborhoods, but they certainly don't help everyone. The real value of a city or town doesn't come from CEOs, but rather from the people who work to build the community through its patchwork efforts. That kind of appeal can take years before it's noticed and appreciated and that's part of what attracts big business in the first place. 




Categories: Uncategorized  


Posted by TLC Real Estate on 7/16/2021

Congratulations on your recent home sale! Now, you just need to figure out how to tell family members, friends and other loved ones that you'll be packing up and moving out of your current residence.

Informing loved ones about a home sale may seem challenging at first. Fortunately, we're here to help you keep your cool as you tell loved ones that you've sold your house.

Here are three tips to ensure you can avoid the stress and headaches sometimes associated with informing loved ones about your decision to sell your home.

1. Get Ready for Questions

Loved ones have your best interests in mind, and as such, likely will have many questions about why you sold your residence.

What prompted you to sell your home now? How much did you receive for your home? And where do you plan to live in the future? These are just some of the questions that you should be ready to face from family members, friends and other loved ones.

Moreover, answer loved ones' questions as best you can. And if you are uncertain or uncomfortable about answering a question, you can politely decline to respond.

2. Keep an Open Mind

Things will move quickly after you sell your home. Although you may have plans to buy a new residence or relocate out of state at some point, you might still need time to finalize your next move.

Oftentimes, loved ones may pressure you to move in a certain direction following your home sale. But it is essential to keep the best interests of yourself and your family in mind at all times.

If family members or friends pressure you to make a move that makes you feel uncomfortable, let them know. Remember, your loved ones want you to be happy, and they should be willing to listen to your concerns after you share the news that you have sold your residence.

3. Operate Fearlessly

After you accept a homebuyer's offer for your residence, the toughest part of the home selling journey is over. At this point, you can finalize your home sale and move forward with the next stage of your life.

It takes a lot of courage to sell a house, and you should maintain this confidence as you tell loved ones about your home selling decision.

Regardless of how a loved one feels about your decision to sell your house, what's most important is how you feel about your choice. If you believe you made the best decision possible, you should feel good, even if family members or friends disagree.

When it comes to telling loved ones about your home selling decision, don't forget to reach out to your real estate for assistance. This real estate professional understands the challenges of informing family members and friends about a home selling decision and may be able to offer expert guidance. That way, you can remain poised and confident as you share your home selling news with others.





Posted by TLC Real Estate on 3/19/2021

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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