1. Be mindful that you chose to sell your home. This can be an emotional roller coaster between selling a home that is filled with memories, to packing, to wonderment about the next place you will call home. Remember that a buyer is looking for any imperfections to share with you in a price war. It is always good to take your emotions and focus instead of the asking price and if the buyers demands are agreeable. It doesn’t matter if you heard that they hate your paint choice or they feel your living room is cluttered. Remember they are making an offer and you do wish to move.
2. Listen to your selling agent – They have been doing this a long time and know what sells and in what price range. You can list your home for whatever you want, however your agent can show you what price it is likely to sell in. Be open to any showing requests If potential buyers cannot get into your home, it cannot be sold. If they they tell you to downsize until the move, listen. Cluttered homes are hard for buyers to picture themselves in and often clutter makes the home look smaller.
3. Be realistic. When an offer comes in, again step away from emotions and really look at the offer. Sometimes a lower offer is actually a better offer than a higher one due to details on the buyers side. Sometimes a closing date is most important. Sometimes just moving is the highest goal. If you remain open minded as each offer comes in you will be at a good place to consider if this is a good offer. If you are not getting offers, listen carefully to your agent as well as any comments from home showings. Take these comments too heart. If they share its over market, consider a price change. If they all think that bright orange living room is hard to look at, consider buying a gallon of paint and go neutral. Focus on the small things. Dust cold air returns, wash light switches, add a fresh new rug, a few towels, perhaps a bedspread. These little tasteful changes can make someone wish to move in.
Kim Woehl is an real estate agent with Red Key Realty. You can contact her today at 651-214-1459
A few highlights are:
– The average sales price is $229,813
– Cost per square foot is up 5.6% at $112.00
– Days on market before sale is currently at 81 days
As a real estate professional I am always looking for buyers and sellers who are interested in working with an agent who is knowledgeable, and understands the current market. Let me show you what your current home will likely sell for. If you are looking to buy a home, let me listen to your needs and help you to find the perfect home. Whether you are a first time home buyer or you have been a home owner there is always more to learn about the process. No one likes surprises. Work with a team that supports you in all ways real estate.
Well, its official! I have just transferred to Red Key Realty. I am excited to continue working with buyers and sellers of residential real estate. It won’t be long now before cabin fever hits us all hard and with this comes the thought of purchasing a new home or in some cases to leave this current space and look for that next dream.
Working with an agent who cares about you will be evident from our first conversation. I believe in educating my clients and guiding them along in the whole real estate process so that in the end we pass the key and you cross the threshold into your new home.
Let’s talk today! Call me – Kim Woehl – Red Key Realty – 651-214-1459
As a real estate professional I like to sit down with future clients and spend some time educating them on the local market. I share what has sold in the area that is similar to their home. I ask what they feel their home is valued at and then I show them some homes in that price range that have recently sold. If we can agree that their home will likely sell for $_______ and the home owner is willing to list their home for $_________ then likely their home will sell quickly and they can begin searching for their new home.
The bottom line when listing your home is to know what it likely will sell for. If you are over the market your home will sit and while you may get people in to look at your home, they likely will want to get the most for their dollar and will choose the home down the block that is just a bit more reasonable.
So what other problems might be keeping those offers from coming in? Do you quickly approve showings? You want to have your home available for showings day or evening and be as accommodating as possible so that potential buyers can see your home on their schedule.
Remove as many personal items as possible and tidy up as much as possible. Be prepared to leave in about a 30 minute notice and you will never have to be concerned about a showing.
When that offer does come in make sure you have decided before hand what offer you will likely accept and which offer you would reject. If you are looking to buy or sell you want to work with an agent that is on your team working for you. If you are looking for a professional to walk you through the process please give me a call. Kim Woehl- Keller Williams Premier Realty 651-214-1459
As a real estate professional I hear it often. What is that smell? There are of course good smells and bad smells and sometimes this is up to your own personal preference. No one wants to smell garbage, dirty laundry, pet odors, urine, mold or mildew or that wet stagnant smell. Potential buyers need to feel comfortable and be able to think about how they might arrange their furniture or hang photos. They do not need to be wondering how they can remove the “stink”.
We need to be careful to not mask these smells but rather eliminate them. Once eliminated then you might find it appealing to add a bit of “good smell” to your home. Research says that certain smells attach to our emotional self. smells or fragrances from our past that were pleasant experiences bring back positive memories.
Have you been to the local mall lately? Stores are using fragrances to get you to take out your card. Its working. Does this marketing work for home selling? Research says yes!
My personal favorite is apple cinnamon. It reminds me of my Grandma’s pies, piping hot coming out of the oven. I especially love this around the holidays. Lavender is another common fragrance that is said to be calming. Do you want your potential buyers to feel relaxed as they tour your home? The rage this time of year is pumpkin. We find it in everything from candles to coffee, ice cream to snack cakes.
Now that we have covered “what stinks”, we also need to listen to this huge bit of advice. Invite in a few friends that can be honest with you. Ask them if they smell any smells in your home. We grow accustomed to our own environment and often times can no longer recognize or notice an odor, but your friends will.
Kim Woehl is a real estate professional with Keller Williams Premier Realty. Before you list your home with someone else, consider giving me a call. It might make scents! 651-214-1459
The market continues to improve. I don’t need data to know this. The last month’s offers have left me with only one offer that was not part of a multiple offer deal. Listing agents have reported back to me on a few of these and stated that we were one of 8 other offers on the same property.
People are buying and what they have to select from is limited and when a nice one comes around, it is likely gone before the day is out unless they are holding out for the best offer via multiple offers.
As a buyer you will find you will make an offer only to have your agent get back to you asking for your highest and best. They need this as you are part of a multiple offer deal and the seller wants to make the most money and the buyer has to decide just how much they really want the property. Often times someone else has a bit more money to spend, has a good qualification letter or is totally preapproved.
When you are ready to buy a home I highly suggest being pre approved and keep this letter updated so that it is always a good letter. Once you have your letter in hand you are ready to talk to your licensed real estate expert. We will help you to find the home that fits your budget and location criteria. Choose an agent who will ask what you need and then will listen and show you what you really wish to see. Use free MLS search sites like mine 🙂 to search on your own and then go see it for yourself.
Are you ready to make that move? Let’s talk!
Kim Woehl is a licensed Real Estate Agent with Keller Williams Premier Realty. She is looking forward to working with you whether you are buying or selling your home.
Looking to invest in real estate? Contact Kim Woehl – Keller Williams Premier Realty 651-214-1459
We buy a home hoping that it will increase in value. We watched for years as homes made a steady upward climb. It began to seem almost impossible that this steady progression would stop, but it did.
Just like any investment we don’t have a lot of control over what ultimately happens when it comes to the market. This said, we do have control over where to buy, how much to spend and how much to improve the property.
Consider for a moment that you purchase a home with the idea that it will never appreciate. Even if the price of the home never goes up, you still are collecting monthly rental income while you pay down the mortgage. You can also increase the property value by making updates that will bring value to the home. How much can you afford to lose. Before buying is the time to decide how much risk you can take and if investing is right for you.