Category Archives: Home Selling

7 Tips for Successfully Selling Your Home During the Holidays

Marti Reeder's Real Estate Blog: 7 Tips for Selling Your Home During the Holidays
When we think of the holidays, we often think of shopping, cooking, decorating and spending time with friends and family. We don’t want to think about moving, but sometimes selling your home during the holidays is the right time for you to sell. If that’s the case, make it easy on yourself by following these seven tips.

  1. Focus on curb appeal. There are fewer homes on the market this time of year, making a tight market even tighter. That’s no excuse to skimp on the curb appeal though. In fact, tasteful holiday decorating can make the exterior of your home very inviting. Don’t go overboard though – a natural wreath, simple holiday lighting and a well-groomed lawn will get the attention of potential buyers.
  2. Choose an experienced Realtor who knows your market. Ask for referrals from friends, and check out real estate websites like Zillow for reviews and testimonials.
  3. High quality photos and staging will showcase your home’s best features. A good Realtor will have a top notch photographer on speed dial, and will know what staging is appropriate for the time of year.
  4. A cozy atmosphere will make potential buyers feel welcome. This includes everything from curb appeal to the staging of your home’s interior. Choose a warm color palette, depersonalize your home, clear the clutter and choose soft lighting. Inviting smells like a fresh baked pie, scented candles or holiday greenery can also help create an inviting experience for potential buyers.
  5. Clear your calendar. The holidays are a busy time for all of us, but make sure your home is available and accessible as often as possible to accommodate the schedules of prospects who want to tour your home on their own schedules.
  6. Keep it clean and clutter-free. It can be hard to keep your home clean and clutter-free while you are preparing to move and to host holiday gatherings, but this is essential to help buyers imagine themselves in your home. A dirty or messy home will distract from your home’s best features, and may even send your buyers scrambling to find a well-maintained home instead.
  7. Price your home to sell. With the right Realtor, you’ll be able to choose the right price point to your home attractive to possible buyers. She’ll know what comparable homes have sold for, what your home is worth and what you are hoping to get out of it.

For more tips for selling your home during the holidays, call Team Marti at 206-391-0388 or 253-859-8500. We’d love to help!

Happy Holidays and Happy Selling!

5 Projects to Improve Your Home’s Curb Appeal This Fall

We’ve said it a thousand times, but it still remains true – curb appeal is everything. It’s what draws a potential homebuyer to want to see the inside of your home. Here are 5 simple, affordable upgrades you can make to your home now to improve its curb appeal this fall:

  1. 5 Projects to Improve Home's Curb Appeal This FallLandscaping: Add fresh mulch to the base of your treas and other plans, and add seasonal plants like mums to your flower beds for a colorful fall look. If the weather doesn’t cooperate, but you still want seasonal decor for your home, add a fall-themed wreath or to your front door or potted mums to your porch.
  2. Upgrade outdoor accessories: Replace those faded house numbers, paint your mailbox or get a new front door. These small, but affordable changes can give your house a fresh, well-maintained look that will entice homebuyers to want to see more.
  3. Keep your lawn groomed. Yes, it is fall and it can be hard to keep up with the falling leaves, but it is important to keep your lawn groomed, especially if you are trying to sell your home. Keep your lawn freshly mowed, the weeds under control, trees and shrubs trimmed and the leaves raked.
  4. Pressure wash the exterior of your home, your porch and patio or deck. Particularly in the Pacific Northwest where moss can accumulate, it is important to pressure wash your home and outdoor living areas. This also makes your home look cared for.
  5. Add or upgrade your outdoor lighting. As our days get shorter, outdoor lighting can create an easy-on-the-eyes aesthetic while also providing an important function – a well lit path to your door. Consider decorative lights along sidewalks, flood lights near entrances and new porch lights.

 

4 Reasons to Sell Your Home This Fall

Just like the fall leaves, the real estate market is changing. Here are 4 reasons to consider selling your home this fall.

4 Reasons to Sell Your Home This Fall

Buyer demand still outpaces the supply of homes for sale, so buyers are competing for the few homes that are on the market now. If you list now, before the cold weather sets in, you are likely to get multiple offers on your home, so you can choose the right buyer for your home.

Not sure if this is the right time, based on your specific circumstances? We can help. Call Team Marti today for  a 206-391-0388 for a no-obligation assessment.

5 Reasons to Sell Your Home This Fall

5 Reasons to Sell Your Home This FallThis summer was a great time to list your Kent, Covington, Maple Valley, Auburn or Black Diamond home, but if you missed your window, don’t despair. Fall is in the air, and in our current market, it is still a good time to sell. In fact, here are five reasons to consider selling your home this fall.

  1. Demand remains strong. According to the National Association of Realtors, buyer demand is strong across most of the country. In our area, home inventory is low, so buyers are competing for homes on the market, so sellers often get multiple offers once they list.
  2. There is less competition now. While inventory is low, experts anticipate that a new wave of homes on the market is coming. Why? The average number of years a homeowner would stay in their home was six, but it is now now, so homeowners who bought in 2008-2010 will have accumulated equity, giving them the freedom to put their homes on the market. If you wait until that happens, demand will drop, and so will prices.
  3. The selling process is quicker than normal. Because the housing market is competitive right now, buyers are doing their part to stand out from the crowd, so sellers will choose them. This includes getting pre-approved for a mortgage, so when they are ready to buy, they’ve already got a tentative commitment from their mortgage lender. This speeds up the process for closing.
  4. Now is the time to move up! According to CoreLogic, prices are expected to appreciate by 5.2 percent over the next year. That means if you want to upgrade to a larger home or purchase a luxury home, you will get a better price on that home now than you will a year from now. The longer you wait, the higher that luxury home will cost.
  5. It’s time to move to the next stage of your life. Right now buying a home makes more sense than renting one, so selling your home to purchase another one with appreciating value makes sense. Is your family growing? Did you just get married? Are you downsizing because you’re now an empty nester? These are all good reasons to sell your current home and to buy one that better suits your changing lifestyle.

If you have questions or would like to discuss whether or not this is the right time for you to sell your South King County home, let us know. Team Marti would love to help you understand your options!

 

Home Sellers, Should You Stage Your Home? YES!

You’re thinking about selling your South King County home, and you’re wondering if you need to spend the time and money to stage your home to make it more appealing to potential buyers. After all, it is a seller’s market, and home inventory is low, so buyer’s don’t have a lot of homes to choose from. Is home staging really necessary? To you have to do it? No, staging is not necessary, but it is recommended.

By staging your home, you can appeal to a broader base of buyers who can then envision themselves in your home, because clutter is minimized and your home is depersonalized. Still not convinced? Check out these statistics: 50 percent of staged homes saw a 1 to 10 percent increase in dollar value offers from buyers!

Should You Stage Your Home?

If you are considering selling your home and aren’t sure if staging is right for you, contact Team Marti today. We’d love to share our experiences with staging, and explain how it call help you sell your Kent, Covington or Maple Valley home.

 

20 Tips to Prepare Your House for Sale

Thinking about selling your home this summer? We’ve got 10 tips to help you improve your home’s curb appeal to draw in potential buyers, and 10 tips to make your house feel like home to lucky homebuyers. Have questions about selling? Let us know. Team Marti is here to help!

 

5 Reasons You Shouldn’t Sell Your Home Yourself

5 Reasons Not to Sell Your Own HomeIn today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.

Here are the top five reasons we discourage homeowners from selling their own homes:

1. Exposure to Prospective Buyers 

Recent studies have shown that 94% of buyers search online for a home. That is in comparison to only 16% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Many individual home sellers do not.

2. Results Come from the Internet

Where did recent buyers find the homes they actually purchased?

  • 51% on the internet
  • 34% from a Real Estate Agent
  • 8% from a yard sign
  • 1% from newspapers

The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial.

3. There Are Too Many People to Negotiate With 

Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale by Owner:

  • The buyer who wants the best deal possible
  • The buyer’s agent who solely represents the best interest of the buyer
  • The buyer’s attorney (in some parts of the country)
  • The home inspection companies, which work for the buyer and will almost always find some problems with the house
  • The appraiser if there is a question of value

4. FSBOing Has Become More And More Difficult

The paperwork involved in selling and buying a home has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 8% over the last 20+ years. 

The 8% share represents the lowest recorded figure since NAR began collecting data in 1981.

5. You Net More Money When Using an Agent 

Many homeowners believe that they will save the real estate commission by selling on their own. Realize that the main reason buyers look at FSBOs is because they also believe they can save the real estate agent’s commission. The seller and buyer can’t both save the commission.

Studies have shown that the typical house sold by the homeowner sells for $185,000, while the typical house sold by an agent sells for $245,000. This doesn’t mean that an agent can get $60,000 more for your home, as studies have shown that people are more likely to FSBO in markets with lower price points. However, it does show that selling on your own might not make sense.

Bottom Line

Before you decide to take on the challenges of selling your house on your own, contact us discuss the options available in the South King County real estate market today. Team Marti would love to see how we can help.

5 Reasons to Hire a Real Estate Professional

Five Reasons to Hire a Real Estate ProfessionalHome buying and selling are complicated, detailed processes and, because they are often the most significant financial commitments of your lifetime, they can be highly stressful too. However, with a real estate professional on your side, buying or selling a home can be manageable, even enjoyable. Here are 5 reasons to hire a real estate professional when buying or selling a Kent, Covington or Maple Valley home.

  1. Rules, regs and paperwork. Each state regulates the contracts needed to buy or sell a home and these regulations change all the time. However, a real estate professional – ideally a Realtor – is up-to-date on the latest rules and regulations, and she can streamline the process for you.
  2. 180 steps to closing. According to the National Association of Realtors (NAR), there are 180 steps a full-service Realtor follows in return for their sales commission, including everything from pre-listing activities and entering a home into the MLS database to the home inspection and post-closing follow-up. Yes, 180! Let your real estate professional focus on those steps, while you focus on selecting the right home and getting ready for your move.
  3. Negotiation. Even if you enjoy a good negotiation, it can be very stressful, particularly when you are talking about a transaction worth hundreds of thousands of dollars. A real estate professional like me can take the emotion out of that process for you while putting years of negotiating experience to use.
  4. Home value. A real estate professional has the experience to price your home correctly, based on its true value and how current market conditions will affect the value. While you may know what you paid for your home and what you need to get out of it, a real estate professional can provide an objective value and her recommendations for putting a price tag on your home.
  5. Market conditions. The Seattle real estate market is one of the hottest in the country right now. An experienced and trusted real estate professional will stay on top of selling trends and know the ins and outs of the local real estate market to ensure you get the best deal possible.

If you are thinking of buying or selling a home this summer, contact Team Marti now for a no-obligation consultation of your situation.