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Posted by Bruno Real Estate Advisors on 6/10/2018

Many sellers rely on agents to help them to deal with the task of selling their home. If you’re looking to buy or sell a home, a real estate agent isn’t required. There are many advantages and disadvantages to selling your home as a “For Sale By Owner” (FSBO). Read on to discover the good and bad of selling your home on your own. 


The Pros


Avoid Paying Commission


Real estate commission is the main reason that many sellers choose to go it alone. You’ll pay about 6% commission on the sale of your home between buyers and sellers agents. When figuring out the asking price for your property, this number that you’ll pay for a commission is included. This sale price also should be enough to pay off the remaining balance on the property. If you don’t have a lot of equity in your home, an FSBO may be your only option if you can’t afford the commission. Another option is to wait to sell your home until you have built up enough equity for the transaction to make sense for you. 


You Can Find Other Resources To Help You Sell The Property


There are so many resources available to FSBOs in today’s market. Yards signs aren’t the only thing that sellers can use to get people interested in their property. Many websites and resources assist people taking the FSBO approach. You still may not be able to get your property listed everywhere if you’re not a real estate agent. 


Cons


You Won’t Be Able To List The Property Fully


Only licensed real estate agents have access to the MLS, where buyers' agents and other websites pull available properties.  Not having access to this can be a deterrent to the marketing of your home. You could miss out on getting many home showings that you otherwise would if your house was listed on the MLS. 


There’s No One To Help You With Paperwork And Negotiations


Real estate agents certainly earn their commission. There is a lot of work in both selling and buying a home. If you hire an agent, he’ll be taking phone calls, sending off forms, and dealing with the negotiations on the property. An agent will also coordinate home showings and have the ability to show your property when you’re unavailable. If you go it alone, you won’t have that assistance and may be a bit overwhelmed during the selling process.


A real estate agent also understands the lingo better than someone who has been outside of the business. There are many advantages to paying his fee if you decide to hire him for the sale of your home.           






Posted by Bruno Real Estate Advisors on 3/25/2018

If you’re looking for a bargain on a home, there are ways that you can tell a seller is ready to give you a great price. 


The Vocabulary Is Right


Sellers who really want to get rid of their property will never say it directly on a listing. Yet, there’s so many different keywords that can help you to distinguish which sellers are in a rush to sell. These words can be found in the listing and include:


  • Motivated seller
  • Priced to sell
  • Needs TLC
  • Bonus offers for closing within a certain timeframe

These keywords and phrases signal that a seller truly is “motivated.”


Your Agent Gets The Inside Scoop


Sometimes, a seller’s agent will tell a buyer’s agent outright that their client is looking to sell in a hurry. This can help you and your agent to work together to make a good offer and get a good deal on the home. 


A Home Has Gone On And Off The Market


If a home has been on and off the market for some time, it’s a good bet that you’ll be able to get a good deal on the home. If a buyer backs out, it can really put the seller in a bind. If this has happened several times over a period of time, you may have a good shot at getting a good bargain on a home. Your realtor will be able to research the property history and help you find out exactly what happened to the home in the past. This way, you’ll know what you’re getting into with the property and if you have a good shot at making a deal.  


Choose The Right Season


At certain times of the year, such as winter where there are fewer listings, sellers are generally more motivated. There’s less competition along with less buyers. Anyone who is looking during these times may be able to get a better deal on a home they love because of the low supply and demand.  


A Really Good List Price


If the listing price for a home is a real bargain to begin with, you may have a motivated seller on the other side of the listing. A seller who needs to make a quick sale will often put the home on the market at a great price right from the start. This is all in hopes that the home will fly off of the market. 


A low price can also be a bit of a red flag. The seller may have listed the home at a bargain price in hopes of a bidding war between buyers. If you don’t want to get into the competition of trying to outbid another buyer, you may want to avoid homes listed at seemingly too-good-to-be-true prices.   


If you’re looking for a hidden bargain on a home, you can see that there are ways that you can find it pretty easily. Happy house hunting!





Posted by Bruno Real Estate Advisors on 2/25/2018

As a home seller, it is essential to spend some time improving your house's curb appeal. By doing so, you can boost your house's chances of making a positive first impression on homebuyers. Plus, an attractive home may generate substantial interest from homebuyers, making it easy for you to accelerate the home selling process.

So what does it take to transform an ordinary home exterior into an exceptional one? Here are three tips to ensure that you can bolster your house's curb appeal:

1. Paint the Front Door and Shutters

Applying a fresh coat of paint to your home's front door and shutters could make a world of difference in the eyes of homebuyers. In fact, adding a splash of color to your home's exterior may help your residence pop and increase your chances of a quick home sale.

Exterior paint usually is inexpensive and easy to apply. Furthermore, you'll want to select a bold color for your home's front door and shutters that stands out yet complements the rest of your residence. As such, consider all of the paint color options at your disposal and choose wisely.

Don't forget to paint the trim around your home's exterior, either. Painting the trim often can be done quickly and will further enhance your house's curb appeal.

2. Replace Exterior Light Fixtures

Adequate lighting ensures that you'll be able to display your home during the day and at night. Thus, you'll want to replace defective exterior light fixtures as soon as possible.

Exterior light fixtures serve as affordable options to brighten up your home's exterior. In addition, vintage light fixtures are available that can provide a home's exterior with a timeless look and feel.

3. Hire a Real Estate Agent

When it comes to finding innovative ways to improve your home's curb appeal, there may be no better option than working with a real estate agent.

Many real estate professionals are available across the country to guide you along the home selling journey. These real estate agents can offer recommendations to ensure that you can revamp your house's curb appeal without breaking your budget. Also, real estate professionals can offer insights into how to establish a competitive price for your house, how to respond to an offer on your residence and much more.

Ultimately, your real estate agent is a housing market expert who is happy to assist you in any way possible. This real estate professional will support you in good times and bad and provide honest, unbiased feedback as you search for ways to maximize the value of your residence.

Your real estate agent will provide answers to your home selling concerns and questions as well. That way, you can make informed decisions as you navigate the home selling process.

Collaborate with a real estate agent – you'll be happy you did. By employing a real estate professional, you can discover the best ways to enhance your house's curb appeal and ensure that your home generates plenty of interest from homebuyers.





Posted by Bruno Real Estate Advisors on 2/18/2018

Your home's driveway represents more than just an open space where you park your car day after day. In fact, your driveway could become a major selling point for your residence, one that could put your home over the top in the eyes of prospective homebuyers. So what does it take to enhance the quality of your home's driveway quickly and efficiently? Here are three factors that you should consider before you dedicate time and money to complete driveway renovations: 1. The Quality of Your Home A driveway improvement project should be considered in relation to other home improvement tasks throughout your residence. For example, is revamping your driveway more important than replacing your residence's hot water heater? This rarely, if ever, is the case, which means you may be better off dedicating your resources to other home improvement tasks before you commit time and money to enhance your driveway. Remember, your driveway is important but should not take precedence over various homebuyer must-haves. And for home sellers who are on the fence about driveway repairs, considering a homebuyer's perspective may help these sellers determine which home improvement projects should become top priorities. 2. Return on Investment (ROI) Ideally, you'll want to improve your home's driveway to enhance your residence's curb appeal and value as well as boost your chances of a quick home sale. To accomplish these feats, you'll need to ensure that the time and money you commit to driveway renovations delivers a significant return on investment (ROI); in other words, you'll want to guarantee that you'll get back what you put in to your driveway modifications. Consulting with a real estate agent can help you find the best way to maximize the ROI of driveway improvements, along with any other home repair tasks. This real estate professional is happy to provide tips to empower you with the skills and insights you need to bolster the quality of your home and optimize your residence's value. 3. The Real Estate Market Does your driveway already sparkle? If so, you may be able to use your driveway as a selling point to differentiate your residence from others on the real estate market. On the other hand, a subpar driveway that is loaded with cracks and holes may need to be repaired to the point where it won't detract from your home's curb appeal and value. When it comes to driveway improvements, it is important to note that major overhauls aren't always necessary. Instead, you may be able to fill in various cracks and holes to ensure your home's driveway offers plenty of parking and serves its purpose consistently. Take a look at some of the rival homes in your area to see the quality and condition of their driveways. By doing so, you'll be able to get a better idea about how your residence's driveway appears to homebuyers and act accordingly. Examine your driveway as you prepare to list your home on the real estate market, and you'll be ready to make any necessary improvements to help your residence generate interest from homebuyers.





Posted by Bruno Real Estate Advisors on 2/4/2018

Adding your home to the real estate market may prove to be challenging, particularly for a property seller who fails to plan ahead. Lucky for you, we're here to eliminate the guesswork commonly associated with the home selling process.

Now, let's take a look at three tips to help you list your house and streamline the home selling journey.

1. Enhance Your House's Curb Appeal

How your home looks to prospective buyers can make a world of difference during the home selling journey. If you house fails to impress buyers right away, it may take many days, weeks or months for your house to sell. Conversely, if your home instantly dazzles buyers, you could boost the likelihood of a fast, profitable house sale.

Ultimately, you should allocate time and resources to bolster your house's curb appeal before you list your residence. Mow the lawn, trim the hedges and perform assorted home exterior maintenance and upgrades. And if you need assistance with home exterior projects, you can always reach out to local home improvement professionals for additional help.

2. Eliminate Clutter

Although you may have collected a massive assortment of antiques, decorations and knick-knacks over the years, these items may do more harm than good when you decide to sell your house. In fact, myriad personal belongings scattered throughout your house could make it difficult for homebuyers to envision what life may be like if they purchase your residence.

Prior to listing your house, you should remove as much clutter as possible. You don't necessarily need to dispose of excess items, but it may be a good idea to rent a storage unit so you can store these items until your residence sells. On the other hand, if you no longer need certain belongings, you can sell these items at a yard sale or online or donate them to a local charity.

3. Hire an Expert Real Estate Agent

If you are unsure about how to proceed along the home selling journey, you may want to hire an expert real estate agent. That way, you can receive plenty of support as you navigate the home selling journey.

A real estate agent understands what it takes to list a house in a buyer's or seller's market. He or she will learn about you and your home and develop a plan to ensure you can maximize the value of your residence. And if you ever have concerns or questions about the home selling cycle, a real estate agent can respond to them.

Let's not forget about the assistance that a real estate agent will provide after you accept an offer to purchase your house, either. A real estate agent will guide you through the home closing process. By doing so, he or she will help you avoid stress as you finalize your home sale.

Prepare to list your house – use the aforementioned tips, and you can add your home to the real estate market and move one step closer to selling your residence.







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