Have you ever walked into a store, and when you were approached by a sales rep who asked, “Can I help you find your size?” you had to explain, “Oh, I’m just looking”?
Maybe you even felt a little guilty that you were not intending to buy anything.
Well, the same thing can happen in real estate. For example, you might happen to drive through a neighbourhood, find that you like the area, see a couple of For Sale signs, and think, “I wonder how much it would cost to get into this neighbourhood?
”That happens all the time, even to those who aren’t thinking about moving.
If you get curious about a neighbourhood, please don’t hesitate to ask me about it. I’d be happy to answer your questions about the area and give you a ballpark of what a typical home costs there.
When it comes to real estate, it’s smart to have a sense of what the market is doing and what homes are selling for in areas you like. That way, if you ever do decide to move, you’ll have a headstart!
How Emotions Can Get in the Way of Selling
Like most homeowners, you probably don’t think of your property as just a building with rooms and a backyard. To you, it’s much more than that. It’s a home.
How Emotions Can Get in the Way of Selling
Like most homeowners, you probably don’t think of your property as just a building with rooms and a backyard. To you, it’s much more than that. It’s a home.When you walk into your dining room, for example, you don’t merely see the table and chairs. You see memories. You recall laughter with family and friends. It’s emotional.
That’s what a home is all about.
However, buyers don’t want to buy your “home”. What they really want to buy is a property that has the potential to become their home.
While you see memories of family dinners, they see room dimensions and wonder what the dining room may look like with their own furniture in it.
So, when you’re selling your property, you need to keep emotions at bay as much as possible.
In fact, the best mindset is to think of your property as a product. The more attractively you present that product to prospective buyers, the more likely you are to get good offers.
That’s why cleaning, depersonalizing, and staging are so important.
It’s also why setting a price that aligns with your home’s current market value is important. You may have put your heart and soul — and many weekends — into landscaping the backyard to make it a summer oasis. It may, in fact, be a strong selling point of your property.
But, that improvement will only increase the selling price by an amount that the market, not your emotions, dictates.
So, keep emotions out of the selling process as much as possible. Save that energy for turning your next property into your dream home.
Want more tips on selling your property for the best price possible? Call today.
The answer seems obvious: As long as it takes to make a decision!
How Much Time Should You Spend Viewing Homes?
Asking how much time you should spend viewing properties for sale is a little like asking, “How long should I spend trying on shoes?”
Buying a home is significantly more complex than purchasing shoes – and the stakes are higher too! You need to make sure you have all the information necessary to confidently make the best decision.
There are basically three stages to viewing a property:
- Macro
- Micro
- Professional
Macro viewing is often the fastest stage in the viewing process and can sometimes take just a few minutes.
If you like what you see, then it’s onto the micro stage. At this stage you take a closer look at the details of the property. You might, for example, spend extra time in the master bedroom imagining how your furniture would look and fit.
The micro stage takes longer simply because the home is now on your shortlist. You’re interested and are considering making an offer.
Finally, the professional stage involves getting a qualified home inspector to go over the property with a fine tooth comb. That typically occurs after you’ve made an offer.
Here are some tips:
Finding an Honest Home Improvement Contractor
You can’t call yourself a dentist unless you have specific hard-earned credentials. Just about anyone, however, can hang a shingle and call themselves a home improvement contractor. That’s why choosing a reputable one is so difficult.
- Find out if they are truly in business full-time. A part-time or occasional contractor may not have the experience necessary to do a great job
- Ask about licenses and other credentials. Some contractors have accreditations from professional and trade associations.
- Review their project portfolio. A reputable contractor will have photos and other evidence of work completed for similar clients.
- Check online for reviews. If there are more than five poor reviews within the past three years — that’s a red flag.
- Ask for references. Then, call at least one.
Looking for a contractor recommendation? Call today.