Bernadette Calvario


Posted by Bernadette Calvario on 5/30/2018

A hot housing market features residences that buyers want to purchase as quickly as possible. As a home seller, you should do everything possible to stir up interest in your residence, even in a hot housing market. Because if dozens of buyers compete for your house, you may be able generate significant profits from your home sale.

Ultimately, there are several fast, effective ways to ensure you can maximize your home sale earnings in a hot housing market, and these include:

1. Conduct a Home Inspection

A home inspection allows you to identify your house's strengths and weaknesses. Then, you can take the necessary steps to transform various home weaknesses into strengths.

It won't take long to conduct a home inspection, either. Typically, a home inspector can visit your residence, perform the evaluation and provide an inspection report in a single day. This means you can quickly gain the home insights that you need to help you upgrade your residence prior to adding it to a hot housing market.

2. See How Your House Stacks Up Against the Competition

Take a look at the prices of available houses in your city or town that are similar to your own. This housing market data can help you establish a competitive initial asking price for your residence.

Furthermore, analyze the prices of recently sold residences in your area. With this housing market information, you can see just how quickly houses are selling and map out your home selling journey accordingly.

3. Consult with a Real Estate Agent

If you're unsure about how to proceed in a hot housing market, there is no need to stress. In fact, if you collaborate with a real estate agent, you can get the help you need to optimize your home sale earnings, regardless of the current housing market's conditions.

A real estate agent is a housing market expert who understands how to navigate the home selling journey. First, he or she will meet with you to discuss your home selling goals. A real estate agent then will develop a personalized home selling strategy. Finally, this housing market professional will list your home, set up home showings and open houses and help you get the best price for your residence.

Of course, a real estate agent is happy to assist you once you receive offers on your house too. If you get a home offer and don't know whether to accept, reject or counter it, a real estate agent can help you explore the pros and cons of all of the options at your disposal. Plus, a real estate agent can offer a recommendation about how to proceed with an offer, along with plenty of insights to help you make an informed decision.

When it comes to selling a house in a hot market, there's a lot that sellers can do to achieve the best-possible results. Use the aforementioned tips, and you can boost the likelihood of maximizing your home sale profits after you add your residence to a hot housing market.





Posted by Bernadette Calvario on 5/9/2018

You've added your home to the real estate market, and the offers are already beginning to arrive from interested homebuyers. However, you're still a long way from finalizing the sale of your home, and there likely will be many hurdles that you'll need to overcome before you complete the home selling journey. Stress is common for many home sellers, regardless of whether you're selling your home in a buyers' market or a sellers' market. Fortunately, we're here to help you minimize stress as you move closer to finalizing the sale of your residence. Here are three tips to ensure you can limit stress as you sell your home: 1. Plan Ahead. What will happen if a homebuyer decides to back out of a deal after a home inspection? Or, how will you respond if a homebuyer asks you to complete home repairs? Plan ahead, and you'll be ready to deal with a wide range of scenarios that could arise during the home selling journey. The home selling journey is rarely, if ever, a clear-cut path. But home sellers who dedicate time and resources to plan for a variety of scenarios will be able to respond quickly and effectively in tough situations. Also, planning ahead may improve your chances of remaining calm, cool and collected under duress. And ultimately, you'll be better equipped to minimize stress throughout each stage of the home selling journey. 2. Give Yourself Plenty of Breaks. The home selling journey may move fast, but don't forget to take some time for yourself. By doing so, you'll be able to focus on what's important – your personal well-being and happiness. For instance, spending a day at the beach with friends, enjoying a mini-vacation or even going for a short walk around the block enables you to take a break from the hustle and bustle of the home selling process. Even spending an hour a day relaxing can deliver long-lasting benefits for a home seller. Remember, any time you devote to yourself will help you minimize stress and improve your chances of maintaining a positive outlook. 3. Work with a Top-Rated Real Estate Agent. Who says you need to deal with the stress of selling your home on your own? Instead, work with a top-rated real estate agent, and you'll be better equipped to stay calm throughout the home selling process. Your real estate agent should be able to put things in perspective as you progress along the home selling journey. As such, you'll want to find a top-rated real estate agent to ensure you can receive support from a qualified professional as you sell your residence. A skilled, talented real estate agent will be able to handle tough negotiations with a homebuyer and ensure you're able to get the best price for your home. Plus, this professional will provide you with a trusted resource and will respond to any of your concerns and questions. Don't let stress get the best of you as you sell your home – use these tips, and you'll be able to remain confident and relaxed throughout the home selling journey.





Posted by Bernadette Calvario on 4/25/2018

Although location is one of the most important factors that will impact the marketability of your home, it's not the only thing prospective buyers are thinking about.

If they're organized, focused, and serious about finding the right property for their needs, they've probably developed a detailed checklist of "must haves" and a "wish list."

In all likelihood, those who are working with a real estate agent are being shown properties that conform to their requirements and many of their wish-list items. A comprehensive list would include everything from the number of bedrooms and bathrooms they want to square footage and the quality of the school district.

Many people also have specific preferences about features like floor plans, amount of storage space, the size of the backyard, architectural style, and the availability of a fireplace, patio, porch, deck, eat-in kitchen, two-car garage, and privacy features. Some are even looking for the traditional white picket fence in front of the house!

While your home can't be "all things to all people," it is highly recommended to target the widest possible audience. Your agent, a home staging consultant, or a home decorator can provide you with valuable tips on how to achieve that outcome.

Stand Out and Get Noticed

Just looking good on paper, though, is not always enough to attract motivated buyers. Prospects need to love what they see and be inspired to envision themselves living in your house. Doing what you can to create irresistible curb appeal is one vital aspect of making a great first impression. A manicured lawn, a fresh coat of paint (if needed), and some strategic home staging -- inside and out -- can make all the difference in your results!

Curb appeal is vitally important because that sets the stage, so to speak, for creating high expectations in your prospects. Once you get them in a positive frame of mind, they'll be more inclined to notice all the positive aspects of your home. If your house meets all or most of their requirements and is arranged in a way that's pleasing to them, a purchase offer and negotiations may be right around the corner.

One of the most crucial hurdles to clear in getting prospects to consider buying your house is to help them imagine living, relaxing, raising a family, and pursuing their interests in your home. Your real estate agent can help you effectively stage the interior and exterior of your home to make it inviting and appealing to the widest range of potential buyers.

You can support their sales and marketing efforts by making sure your home is always clean, fresh smelling, and ready to be shown at a moment's notice to house hunters. Doing your best to eliminate clutter, keeping counter tops neat, and making sure pets are on their best behavior (or happily frolicking at the local "doggie daycare" center) can play a key role in winning over interested buyers and successfully selling your home!





Posted by Bernadette Calvario on 4/4/2018

Contingencies are a great resource when it comes to both buying and selling a home. Both buyers and sellers tend to ask for certain contingencies to be included in the purchase contracts for a home. These contracts have a time limit on them to give both buyers and sellers time to get the things that the contracts state done. This time frame is usually somewhere in the neighborhood of several weeks’ time between the signing of the sales contract and the closing of the deal on the home.


Meeting And Removing Contingencies


During the time that you have between the sales agreement and the closing of the home, you’ll be working to either meet the contingencies or trying to have them removed. This can be done through renegotiating or having work orders completed. In some cases at this point the entire purchase may be called off.  


Standard Or Not?


Some contingencies are very common and it would be a bad choice to reject them. Buyer’s inspection contingencies, for example, are quite common. In this case, closing is subject to the approval of an inspection report. If a buyer really loves a property and is in the “desperate” category, they’ll often end up waiving this and take the home as is. Your realtor and attorney will be able to inform you of what types of contingencies are the norm. 


Some of the things that buyers and sellers see on these contracts are a little out of the ordinary or are less convenient. They become a matter of negotiation. Some sellers may ask that the deal is contingent upon them closing on another home. If you need a home in a hurry, you may want to reject this and request a time limit. As a buyer, you always risk failing to reach a contract with your seller when you ask for these changes. Anything that you’re able to handle in a contract is worth it if you really love the house, but there’s a balance. As a buyer, you can do the same, requesting a contingency that you sell your house before the new home is purchased. 


Financing 


Most standard home purchase contracts include a contingency that the buyer is able to secure financing to buy the home. There’s also a time frame for the intended financing to be secured. The only way to skip these contingencies is to have an all cash offer, which is pretty rare! 


Other contingencies that are almost a must include the inspection contingency and the title contingency. These protect the buyer in order to be sure that the home has a clean title and no major damage. These allow buyers to back out of a buying a home if there is more work to it than they thought. The title contingency also protects renters or squatters from selling a home that they do not own.





Posted by Bernadette Calvario on 3/21/2018

Adding a residence to the real estate market can be stressful, particularly for a first-time home seller. Fortunately, we're here to help you maintain a positive outlook as you await offers on your house.

Now, let's take a look at three tips to help a first-time home seller remain calm, cool and collected after he or she lists a residence.

1. Set Realistic Expectations

Although a first-time home seller might expect dozens of offers in the days following a house's addition to the real estate market, it may take some time to stir up interest in a residence. However, a home seller who establishes realistic expectations from the get-go will know how to stay the course throughout the property selling journey.

A first-time home seller should understand both the best- and worst-case scenarios. That way, a home seller will know how to respond to any potential pitfalls that may arise.

Furthermore, a first-time home seller should have a plan in place for what will happen after a home offer is accepted. This will ensure a home seller is fully prepared to vacate a house as quickly as possible.

2. Learn About the Housing Market

The housing market is exceedingly complex, especially for those who are selling homes for the first time. Conversely, a first-time home seller who takes a diligent approach can gain the real estate market insights to make confident decisions.

For example, a first-time home seller should analyze the competition closely. By looking at the prices of similar houses that are available, this home seller can establish a competitive price for a house and increase his or her chances of a quick home sale.

A first-time home seller also should check out the prices of recently sold houses in his or her city or town. By doing so, this home seller can find out whether he or she is entering a buyer's or seller's market and plan accordingly.

3. Collaborate with a Real Estate Agent

Selling a home may seem like a simple process on paper, but challenges can quickly arise that prevent a first-time property seller from achieving his or her desired results. But with support from a real estate agent, a first-time home seller can get the assistance that he or she needs to remain confident at each stage of the property selling journey.

A real estate agent understands the challenges associated with selling a house and will help a property seller avoid such problems. In fact, a real estate agent is happy to provide expert guidance to help a first-time home seller operate like a home selling professional.

Perhaps best of all, a real estate agent will respond to a first-time home seller's concerns and queries. This guarantees a home seller can obtain unparalleled insights into how to set a competitive price for a residence, how to bolster a house's interior and exterior and much more.

Want to keep things positive as you proceed along the home selling journey for the first time? Use the aforementioned tips, and you can maintain a positive outlook as you navigate the home selling cycle.