Michelle Gillespie - Keller Williams Realty



Posted by Michelle Gillespie on 6/3/2018

For home sellers, maximizing the value of your residence is key. However, it is important to remember the dangers associated with overvaluing your house.

If you overprice your residence, homebuyers may choose to look elsewhere for their dream house. As such, it may take you many weeks, months or years to sell your residence if you fail to price it correctly from the get-go.

So what does it take to avoid the risk of overpricing your home? Here are three tips to help home sellers set a fair price for any residence, in any real estate market, at any time.

1. Review the Housing Market in Your Area.

Spend some time assessing the local housing market you'll be glad you did. This will enable you to better understand how your home compares to other residences in your city or town so you can price your house accordingly.

Check out the listing prices of homes that currently are available as well as the sold prices of residences that recently were purchased. By doing so, you'll be able to collect a broad assortment of housing market data and use this information to determine the right price for your house.

2. Get Your Home Appraised.

A home appraiser will conduct an in-depth examination of your residence, help you identify problem areas and determine your house's value. That way, you'll be able to enter the real estate market with realistic expectations and set a fair asking price based on your home appraisal.

Furthermore, a home appraisal offers valuable insights into ways that you can improve your home. The assessment will allow you to learn about the pros and cons of your home, and ultimately, determine the best ways to transform your house's weaknesses into strengths.

Don't forget to evaluate your home's interior and exterior as well. Completing home improvement tasks will improve your residence inside and out. Plus, performing home maintenance may allow you to set a higher asking price than you initially expected.

3. Hire an Experienced Real Estate Agent.

Let's face it navigating the real estate market can be a long, arduous process. Thankfully, real estate agents are available that possess extensive industry experience and know-how, ensuring you can set the right price for your house without delay.

Perhaps best of all, a real estate agent understands the ins and outs of both buyer's and seller's markets. As such, he or she can offer recommendations about how to price your home, enhance your house's interior and exterior and much more.

With the right real estate agent at your disposal, you should have no trouble setting a fair price for your home. In addition, this professional will do whatever it takes to promote your house to the right homebuyers consistently, bolstering your chances of optimizing the value of your residence.

Don't leave anything to chance when you sell your home. Instead, employ a real estate agent, and you can speed up the process of selling your residence.




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Posted by Michelle Gillespie on 4/29/2018

Let's face it in today's fierce real estate market, home sellers need any competitive advantage that they can get. Lucky for you, real estate agents are available to ensure that you can maximize the value of your residence.

After you hire a real estate agent, the home selling may move quickly. In fact, the most common steps associated with the home selling process include:

1. Prepping Your House

As a home seller, you'll want to do everything possible to ensure that your residence looks great both inside and out.

Your real estate agent can help you prep your house before it is listed on the housing market. He or she may offer tips about how you can transform your home's ordinary interior into an exceptional one. Plus, your real estate agent can put you in touch with home cleaning companies, landscapers, painters and other home improvement professionals who can help you take your home's appearance to the next level.

2. Hosting Open Houses and Home Showings

Open houses and home showings represent essential parts of the home selling and homebuying cycles. For home sellers, these events enable you to showcase your residence to a large group of homebuyers quickly. Meanwhile, open houses and home showings enable homebuyers to browse a wide range of properties without delay.

Your real estate agent will keep you up to date about open houses and home showings. This real estate professional will always provide you with sufficient notice any time a homebuyer wants to check out your home as well.

Hosting open houses and home showings can be stressful, particularly for home sellers who have already committed substantial time and resources to improve their properties. Fortunately, your real estate agent will set up plenty of open houses and home showings to generate substantial interest in your property. He or she also will share homebuyers' feedback with you, ensuring that you can complete myriad home maintenance and upgrade projects as needed.

3. Responding to Home Offers

After your home reaches the real estate market, it may be only a matter of days before you receive your first offer.

Your real estate agent will inform you about any offers on your residence, and you likely will have 24 to 48 hours to determine whether to accept, decline or counter a homebuyer's proposal.

Although you only have a short amount of time to assess a homebuyer's offer, your real estate agent is happy to help you determine how to proceed. This real estate professional will enable you to establish realistic expectations for your home before you list your property. That way, you'll be able to see how your home stacks up against the competition and price it properly.

Furthermore, your real estate agent will negotiate with a homebuyer on your behalf. And if you don't feel comfortable with an offer on your home, your real estate agent will respond to a homebuyer's proposal accordingly.

There is no need to stress when you sell your home. If you hire an experienced real estate agent, you should have no trouble accelerating the home selling process and optimizing the value of your residence.




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Posted by Michelle Gillespie on 2/11/2018

For home sellers, you won't necessarily need a bold, beautiful bathroom to improve your chances of a quick sale. However, you should try to improve the quality of your bathroom as much as possible before you add your home to the real estate market. In a highly competitive real estate market, homebuyers will look for any reason not to buy your home. On the other hand, home sellers who offer a residence with an exceptional bathroom can reduce the risk of alienating homebuyers. Furthermore, home sellers may be able to transform a subpar bathroom into an outstanding feature if they devote time and resources to make bathroom improvements. You don't need to spend a lot to make significant bathroom improvements, either. In fact, here are three simple, affordable bathroom improvements that every home seller needs to know about: 1. Painting the walls If the paint on your bathroom walls is fading or peeling, it may be time for a new paint job. Fortunately, you usually can pick up low-cost paint supplies at any hardware store quickly and easily. Although hiring professional painters also is an option, you may be able to paint your bathroom walls yourself to save money. Remember, your bathroom likely is smaller than other rooms in your house, which means a new paint job won't necessarily require a significant time and resource investment. 2. Updating bathroom fixtures The little details can make all the difference in the eyes of a homebuyer. And home sellers who update bathroom fixtures can boost their bathroom's chances of making a great impression on homebuyers during a home showing. Drawer pulls, towel racks and other bathroom fixtures often are simple to update in just minutes. In addition, these bathroom improvements require minimal time and money, ensuring you'll be able to complete bathroom fixture improvement projects to enhance your bathroom's appearance without delay. 3. Adding caulk and grout Bathroom caulk and grout details may be overlooked by many home sellers, but those who want their homes to stand out in a competitive marketplace should consider adding straight, clean lines of caulk and grout. Placing new lines of caulk and grout around a bathtub and sink can help these pieces sparkle. Ultimately, caulk and grout improvements are fast and effective too, making them valuable options for home sellers. It is important to note that improving the quality of a home's bathroom rarely, if ever, requires a full-blown overhaul. Instead, focus on making minor improvements over an extended period of time. And, of course, be sure to keep your bathroom looking pristine that way, if a homebuyer wants to view your residence, your home's bathroom will stand out for all the right reasons. Bathroom improvements offer superb options for home sellers who want to transform a good residence into a must-buy. These improvements typically won't require substantial time and resources, but they can serve as key difference-makers that will help set your home apart from others on the real estate market. Take advantage of bathroom improvements, and you'll be better equipped to improve the overall quality of your residence.





Posted by Michelle Gillespie on 11/12/2017

Selling your home can be scary, particularly for those who are listing a residence for the first time. Fortunately, we're here to help you face your home selling fears so you can overcome them before you add your property to the real estate market.

Now, let's take a look at three common home selling fears, along with some of the ways that you can put these concerns to rest.

1. I won't be able to get the best price for my home.

Getting the best price for a house is the number one concern for most home sellers, and for good reason. Lucky for you, there are several quick, easy ways to ensure you can maximize the value of your residence.

First, check out the housing market and see how your house stacks up against similar residences that are available. This will enable you to collect valuable housing market data that can help you price your house accordingly.

Don't forget to complete a home appraisal too. A property appraiser will allocate the necessary time and resources to analyze your house's interior and exterior. Then, he or she will provide a report that outlines your home's strengths and weaknesses so you can better understand the true value of your residence.

2. My home will stay on the real estate market for years to come.

Let's face it a home seller likely wants his or her residence to sell as soon as it hits the real estate market. Sometimes, a house can linger on the real estate market for an extended period of time. And when this happens, it is easy to question whether a homebuyer will ever submit an offer on a residence.

As a home seller, it is important to ensure your house makes a positive first impression on homebuyers.

Spend some time mowing the front lawn, clearing dirt and debris from walkways and performing assorted home exterior improvements. This will enable you to boost your house's curb appeal instantly.

Also, declutter your home's interior as much as possible. By doing so, you can make it simple for homebuyers to envision what life would be like if they decide to purchase your residence.

3. When the time comes, I won't be able to relocate to a new home.

After you sell your residence, you'll need to move to a new address. The relocation process often can be difficult, especially if you have lived in a particular house for many years.

A real estate agent can help you prepare for the relocation process. This housing market professional understands all aspects of the home selling cycle, and as such, will be happy to offer expert assistance at all times.

Although selling a home may seem challenging, an informed home seller will understand what it takes to get the best results possible. And if you address your home selling fears now, you should have no trouble optimizing the value of your house and accelerating the home selling process.




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Posted by Michelle Gillespie on 11/5/2017

The good news: a homebuyer has made an offer on your house and is ready to purchase it as quickly as possible. On the other hand, there's the bad news: this homebuyer has many requests that need to be fulfilled to finalize a home sale.

Unfortunately, a stubborn homebuyer can put a home sale in jeopardy. But a home seller who understands how to deal with a stubborn homebuyer effectively may be able to boost his or her chances of a seamless property sale.

Now, let's take a look at three steps that every home seller can use to deal with a stubborn homebuyer:

1. Focus on the End Results

For most home sellers, the end goal of selling a home is getting the best price for your residence, regardless of the current real estate market's conditions. As such, if you remain focused on your ultimate goals, you may be better equipped than others to deal with a stubborn homebuyer.

If a stubborn homebuyer submits a variety of requests, allocate the necessary time and resources to consider each request closely. Then, if you find the requests are overwhelming, you can always submit counter-proposals.

Lastly, don't forget that you can always walk away from a home selling negotiation that appears to be going nowhere. And remember, if a negotiation with a stubborn homebuyer goes south, you can relist your residence and restart the home selling journey.

2. Consider the Homebuyer's Perspective

Why is a homebuyer acting stubborn? Open the lines of communication with a homebuyer, and you may be able to find out the root of a property buyer's stubbornness and proceed accordingly.

A homebuyer may have concerns or questions about buying your residence. Fortunately, if you maintain open lines of communication with a homebuyer, you can address these concerns and questions without delay.

Also, be aware of the homebuyer's perspective as you proceed along a property selling negotiation. Although a homebuyer may make requests along the way, it is important for you and a property buyer to find common ground. If you feel uncomfortable with a homebuyer's requests, you should be unafraid to walk away from a home selling negotiation altogether.

3. Ask a Real Estate Agent for Extra Help

If you're unsure about how to approach a stubborn homebuyer, there is no need to worry. Conversely, meet with an expert real estate agent, and you can find out how to move one step closer to getting the best price for your residence.

An expert real estate agent will be happy to provide honest, unbiased recommendations about how to collaborate with a stubborn property buyer. Next, you and a stubborn homebuyer can work together to complete a home sale.

Plus, an expert real estate agent may act as a liaison between a property seller and buyer. This housing market professional can learn about both sides and what they are looking for in a home sale and take the necessary steps to deliver the ideal results for all parties involved.

Take the guesswork out of dealing with a stubborn homebuyer use these tips, and you can boost your chances of navigating a successful home selling journey.




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