Category Archives: spring home selling

5 Reasons to Sell Your Home Now

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reasons to sell your homeEveryone says spring is the time to list, and there’s good reason for that rationale: buyers typically prefer to search for a new home during our warmer Wisconsin spring, making it THE time to list your home. That’s never been truer than in 2015, and, as an added bonus, there are also four other reasons to list your home and get it out on the Wisconsin real estate market:

  1. Mortgage rates are low. Low mortgage rates mean a lower monthly payment for buyers, and another reason to buy now. The other part about low mortgage rates is the boomerang effect; mortgage rates tend to rise after hitting a low, making now the time to buy another property after you sell your home—and to list your home on the real estate market.
  2. Renters are looking to buy. Low mortgage rates and rising rent across the United States has led to a unique real estate market ripe for renters. Renters now have the opportunity to purchase a home for the same monthly payment, and are doing so in droves—giving you more potential buyers for your home.
  3. There are buyers looking for your home. Right now, there are more buyers than sellers in the Wisconsin real estate market. This makes an ideal seller’s market for any home owner looking to list their home; buyers are ready to jump into the real estate market and purchase your home. We’ve even seen home owners list and sell their home within 30 days.
  4. Better chance to get a higher sale price. Buyers are ready and willing to purchase, making this the ideal time to prepare your home for sale and list your home. Because of the abundance of buyers in the real estate market, this also gives sellers the opportunity to sell for a higher sale price due to a low inventory.

When you decide to list your home, call a realtor. A realtor can recommend a fair sale price and go through essential details you need to know when you list your home. They can also give you tips on preparing your home for sale, such as:

  1. Paint, and paint neutrals. Paint over bold colors with neutral colors such as a light grey or tan. A new coat of paint can go a long way to making a home feel new and clean when you list your home.
  2. Deep clean, or replace, that nasty flooring. A professional carpet cleaning or hard floor cleaner can often give new life to that old flooring, but if you can’t get the stains out, shop around. Carpet remnants are an inexpensive way to make hallways, offices and small rooms look new without breaking the budget. Or upgrade your flooring by installing new laminate or hardwood floors which often adds value to your home.
  3. Do all the repairs you’ve been putting off. Holes in your walls or ceiling do not give buyers a favorable impression. Now is the time to patch the drywall, repair water leaks and replace faulty electrical fixtures and leaky water faucets.
  4. Maximize curb appeal. Contact contractors to get those broken sidewalks repaired, wood trim painted and the driveway sealed in the summer now before anyone else. Keep sidewalks clear and clean, and power wash your home to make it look its best. Make sure that all bulbs are replaced in your outdoor light fixtures.
  5. De-clutter. You don’t have to throw everything away, but you may have to put some of your items in storage. Make sure that potential buyers get a clear picture of the space in your home. Too much furniture or décor in a room can backfire and make your home look smaller.

A realtor can also recommend local companies that can help you clean and make repairs so you can list your home in excellent condition. A good experienced realtor, like the realtors at Platinum Realty, has listed quite a few homes in southeastern Wisconsin and is an excellent resource when you decide to list your home. They can also help you take advantage of the seller’s market we have right now, and reach your goal of a successful home sale.

Why should I use a realtor?

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sold homeIf you think realtors haven’t heard this question before, you’re wrong. Most realtors have faced this question throughout their career, and have some very good answers for the question, “why should I use a realtor?” Their answer isn’t short, though, because there are many, very good reasons to use a realtor for home selling and buying:

Assistance in navigating through the home selling and buying process. From defining terms like foreclosure and short sale, to identifying home repairs that can sell your home, to assistance with pricing and negotiating, to finding a solution that fits your needs after a bad home inspection report, a realtor’s first priority is to assist you through the home selling and buying process.

Local connections when you need professionals beyond a realtor. Lending services, home inspections, repairs, deep cleans—the home selling and buying process is full of situations where you need professionals beyond your realtor. An experienced realtor has connections in your community to experienced and competent home inspectors, handymen, cleaning services, insurance agents, lenders—everyone you need as you navigate through the home selling and buying process.

Objectivity when you need it. It’s hard when you are so emotionally involved, and close, to the home selling or buying process, or the person going through it. A realtor is unbiased, and can give you advice on challenges, pricing and anything else you encounter during the home selling or buying process.

Expertise when your home selling or buying process goes awry. A bad home inspection. Home negotiations that take a turn for the worst. Complicated communications with a bank selling a foreclosure. Sometimes selling your home or buying a house can seem like a race full or hurdles. A realtor can help you through the challenges that may arise during home selling or buying, so you can buy your new home or sell your property.

Experience to help you save money, price your property or save money to make money. Sounds like a mouthful, doesn’t it? An experienced realtor has seen it all: what home prices convert into quick home sales, how much money you should invest to sell your home (so you don’t overdo it), what you should and shouldn’t do to your home.

Remember, you realtor is looking out for your best interests. Your goals are their goals. They’re working for you, and can use all the experience from the home selling and buying processes they’ve been involved with to make your process successful. So what are you waiting for? Contact a realtor so you can get your home selling or buying process started, and achieve that happy ending.

Is your house ready for sale in the spring?

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3591When it’s the middle of winter, it’s hard to get into the real estate mindset. Even though you’re freezing cold, now is the perfect time to prepare your home for the spring real estate market. While you shouldn’t have to take out a second mortgage for your preparations (unless you have to make major repairs), a few changes in all the right places can make a big difference between your home sitting on the market or generating a quick sale:

  • Update. Buyers want updated countertops and flooring, both relatively inexpensive improvements. Updating doesn’t have to mean renovation, just a few replacements in areas where buyers have strong preferences—the kitchen, living room and bathrooms. Search discount home improvement stores and resale shops for new countertops, laminate flooring and carpeting remnants. These inexpensive changes can be the factors that trigger a quick sale.
  • Deep clean. Just because you have the original tile in the bathroom doesn’t mean you need to replace them. A good deep cleaning on your floors, in bathrooms and kitchens give your home the advantage with less cost. Buyers don’t want to buy a dirty house, or to pay top dollar for a home that needs a lot of work. With a small (tiny, really) investment in cleaning products, you can give your buyers a reason to choose your house over the competition.
  • Don’t let the pick-up stop indoors. A messy lot or lawn that doubles as a garbage dump deters buyers as much as a dirty house. Clean up any debris in your yard.
  • Use the ‘less is more’ concept. Don’t leave your house empty. To the contrary, empty rooms do not give buyers a clear vision of the purpose and potential of each room. However, keep the clutter—personal effects, knick knacks, items on counters and tables, extra furniture—to a minimum. If you need to, rent a temporary storage unit to store excess items. Rooms with less look bigger, while cluttered rooms tend to look smaller. If your house isn’t very big to begin with, you need all the help you can to give buyers the illusion of space.
  • Make the repairs you’ve been putting off. Buyers don’t want a house with holes in the wall, or water stains. Repair your drywall, put a fresh, neutral coat of paint on the wall and fix those leaky pipes. You want your buyers to see a clean, well-cared for property perfect for their situation.

Ask your realtor for recommendations so you don’t go overboard with sale preparations. It’s free, and you can also receive their expert opinion about pricing, as well as information about fees and costs associated with your home sale. These few simple steps can make your home a hot commodity when the temperatures—and the real estate market—heat up.