Posted by Kim Thomas on 2/23/2021

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Those men and women from the millennial generation are now the largest segment of first-time home buyers. A full 66 percent of people who are purchasing their first home fall into this age group. Not only that, but millennials also comprise more than one-third -- 34 percent -- of the overall home buying market. It's crucial that you learn how to appeal to them. 

1. Opt for an Open Floor Plan

Today's millennials love to entertain and have guests in their homes. In order to accommodate their desire to offer people the best chance to mingle and get to see everyone, they prefer an open floor plan to separate spaces. This is especially true when it comes to the kitchen, living and dining areas. 

2. Updated Bathrooms and Kitchens 

Millennials prefer that the home they purchase has already been updated instead of them having to do it themselves. In many cases, this generation will have to use nearly all of their savings in order to put the down payment on their new home. This will leave them with little money to make any updates or improvements. 

3. Low Maintenance

While opting for low-maintenance features has always been a driving force for many home buyers, there is no generation that has embraced this concept more enthusiastically than millennials. Instead of spending their free time doing chores and home maintenance jobs, millennials would rather be entertaining or exploring their neighborhood's amenities. 

4. Add Home Office Space

Remote work isn't just the trend of the future. It's the way many millennials advance their careers these days. Carving out a dedicated space means that these young home buyers can simply move it and set up their work station without any lag time. 

5. Invest in Home Technology

Not surprisingly, millennials tend to be very comfortable with technology. Not only that, but they expect to connect with technology at every juncture in their lives. Opting for smart home features can help them save money, keep tabs on their investment and enjoy access to Wi-Fi throughout the home. 

6. Aim for Energy Efficiency

Millennials want to save money while also protecting the environment. Solar panels and smart thermostats are just two ways to help them do that. 

Many of the above tips will also make your home more attractive to nearly everyone who is in the market for a new home. However, they'll hold particular appeal for those who are millennials. 





Posted by Kim Thomas on 2/16/2021

If you plan to sell your house in the near future, now may be a great time to host a garage sale. That way, you can get rid of excess items, declutter your house and earn extra cash at the same time.

Ultimately, hosting a successful garage sale can be easy Ė here are three best practices to help you get ready for a garage sale.

1. Organize Your Inventory

A garage sale provides an excellent opportunity to sell a broad range of items Ė everything from kitchen appliances to gym equipment. As such, you'll want to sort through your belongings and separate must-keep items from those you can live without.

Organize belongings based on where they go in a home Ė you'll be glad you did. This will enable you to plan ahead for how you'll showcase various items during your garage sale.

Moreover, if you find some items are no longer usable, you should get rid of them altogether. Dispose of any damaged items, and you can immediately remove clutter from your residence.

2. Price Your Items Competitively

One person's junk is another person's treasure, and if you understand the true value of your belongings, you'll be able to price them competitively during a garage sale.

If you plan to sell electronics, jewelry or other high-end items at your garage sale, it often pays to perform research to learn about the true value of these items. Performing an online search of an item will help you see how various sellers around the globe are pricing the same item. Or, you can always contact local retailers directly for expert pricing insights as well.

In addition, consider the age and condition of an item before you price it. If an item looks brand new and performs great, you may be able to earn a significant profit from it. On the other hand, if an item shows signs of aging, you may want to lower your pricing expectations.

3. Promote Your Garage Sale to the Right Audience

Create flyers that you can post around your neighborhood to promote your garage sale. These flyers should include information about the date, time and location of your garage sale, thereby making it easy for those who see the flyers to find your event.

Don't forget to post details about your garage sale online too. Share information about your garage sale with family members and friends on social networks, and you should no trouble stirring up plenty of interest in your event.

Lastly, if you're planning to sell your house and need help getting your residence show-ready, you may want to consult with a real estate agent.

A real estate agent can offer expert tips to help you declutter your residence and ensure that your house is an attractive option to homebuyers. Furthermore, a real estate agent may even be able to help you prep for a garage sale, increasing the likelihood that you can make this event an instant success.




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Posted by Kim Thomas on 2/9/2021

If youíre selling your home it can be frustrating when you arenít receiving any offers. Perhaps youíve heard that itís a sellerís market and that the offers on your house would be flying in. However, itís more complicated than that.

Whether or not your house receives offers is determined by a number of reasons--some that in your control, others that arenít. But, that doesnít mean you have to give up and sell your house at a low price.

In this article, weíll discuss what to do if your house just isnít selling. Weíll talk about some reasons why people may be hesitant to bid, to inquire about a showing, and to seal the deal and purchase your home.

Revisit the comparable properties

If your home has been on the market for a while, itís a good idea to check out the other recent homes in your neighborhood to see how their prices compare to the listing price of your home. Since the market fluctuates, other sellers could be adjusting the cost to reflect the current rates, leaving yours higher than it should be.

When pricing your home, make sure you are comparing your house to those that have actually sold. Using houses that have been on the market for a while as a baseline might mean youíve priced your home too high to sell just like theirs.

Also, make sure you are using houses that share many of the common features that yours does. This can include:

  • Square footage

  • The year the house was built

  • Number of bedrooms and baths

  • The lot size

  • The condition of the home

Remember, it isnít all just about location.

Getting more leads

If people arenít making inquiries about your home, there are a few things you should check up on. First, make sure your listings are updated and accurate. The contact info should be easy to find, and you or your real estate agent should provide multiple means of contact (email, cell phone, text, etc.).

Next, ensure that youíve given enough details about the house. If people are searching for a specific number of rooms but your listing doesnít mention the number of rooms you have, you might be missing out on several inquiries.

Finally, make sure your photos are high resolution and well-lit. You want to make sure visitors to your listing can get a clear idea of what your home looks like. If your photos are small, dark, blurry, or if they make the house look cramped and cluttered, you should retake your photos or consider hiring a photographer.

Getting more offers

If youíve had plenty of inquiries and showings but you arenít getting any offers there may be a deeper, underlying issue that needs to be addressed. Usually, this means your home needs important repairs and upgrades that buyers simply donít want to make.

If your house is priced to be move-in ready but itís not, youíll have to make some upgrades or lower the price.

Not working with an agent

Sellers can also have a difficult time getting offers if they attempt to sell the home themselves without using a real estate agent. If your home is FSBO (For Sale by Owner), youíre missing out on a number of listing services and connections that an agent can provide.





Posted by Kim Thomas on 1/19/2021

An open house may be considered a success if it leads to an offer to purchase or a home sale. For a seller to achieve the best-possible results from an open house, it is important for this individual to plan ahead. That way, a seller can ensure that his or her residence makes a great impression on buyers.

Now, let's take a look at three tips to help you get your residence ready for an open house.

1. Clean Your House

A dirty, dusty house is unlikely to do you any favors. Fortunately, if you clean your residence from top to bottom, you could make it easy for buyers to see your house's full potential.

Sweep the floors, wipe down countertops and perform other home cleaning tasks. Taking a room-by-room approach to house cleaning also may be beneficial, as this will allow you to ensure that each room is neat and tidy.

2. Remove Clutter

For those who want to show off the full size of a residence, removing clutter is a must. Because if your home is messy and cluttered, buyers may be turned off by your residence as soon as they walk through the front door.

If you want to cut down on clutter, there are lots of options at your disposal. Oftentimes, it helps to host a yard sale or sell excess items online. You may want to consider donating any excess items to a local charity or giving them to family members or friends, too.

3. Boost Your Home's Curb Appeal

Your home only gets one chance to make a positive first impression on buyers. If you boost your house's curb appeal, you can make the most of this opportunity.

To improve your home's curb appeal, mow the lawn, trim the hedges and perform other lawn care tasks. Furthermore, if there is any cracked or damaged home siding, fix it as soon as possible.

Preparing for an open house may seem stressful, particularly for sellers who want to achieve the optimal results. But if you consult with a real estate agent, you can receive expert guidance in the weeks and days leading up to an open house.

A real estate agent is unafraid to be honest, and he or she will offer unbiased recommendations and suggestions so you can quickly improve your residence. In addition, a real estate agent can respond to any of your open house concerns and questions. He or she will even share buyers' feedback after an open house to help you find ways to speed up the home selling journey.

If you allocate time and resources to prep for an open house, you can improve your chances of enjoying a seamless house selling experience. Thanks to the aforementioned tips, you can get ready for any open house, at any time. And as a result, you can use an open house to stir up interest in your residence.





Posted by Kim Thomas on 1/5/2021

If you want to maximize your home sale profits, it generally is a good idea to conduct a property appraisal before you list your residence. That way, you can receive a property valuation from an expert home appraiser. And with this property valuation in hand, you can set a competitive initial asking price for your residence.

A home appraisal may prove to be a stressful experience, particularly for a seller who is unsure about the value of his or her house. Lucky for you, we're here to provide insights into the home appraisal process and ensure that you can prepare for this evaluation.

Now, let's take a look at three tips to help you approach a house appraisal with confidence.

1. Understand How a Home Appraisal Works

Although you've allocated significant time and resources to upgrade your house, it is important to remember that the condition of your residence is one of several factors that a home appraiser considers. In fact, an appraiser will evaluate the current state of the housing market, the prices of comparable houses in your area and other factors to provide an accurate property valuation.

Oftentimes, it helps to work with a real estate agent if you plan to sell your home. Because if you have a real estate agent at your side, you can receive immediate responses to any of your home appraisal concerns and questions.

2. Establish Realistic Expectations for Your Home

Let's face it Ė what you initially paid for your house is unlikely to match your residence's current value. If you set realistic expectations for your residence prior to an appraisal, you may be better equipped than ever before to accept the evaluation results.

It may be beneficial to look at the prices of houses in your area prior to an appraisal. This information can help you understand whether the housing market currently favors buyers or sellers Ė a factor that may influence the valuation of your house from an appraisal.

3. Explore Ways to Boost Your Home's Value

There are always options to bolster a house's exterior and interior. Therefore, following an appraisal, you should plan to complete home repairs that could help enhance your house's value.

As you search for ways to upgrade your residence, you may want to reach out to a real estate agent too. This housing market professional can offer recommendations and tips to help you improve your residence, even if you're working on a tight budget.

Of course, a real estate agent provides extensive assistance throughout the home selling journey. He or she will promote your residence to prospective buyers and host home showings and open house events. And if you receive an offer to purchase your house, a real estate agent will help you determine the best course of action.

Ready to conduct a home appraisal? Take advantage of the aforementioned tips, and you can boost the likelihood of a successful house appraisal that leads to a fast, profitable home selling experience.




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