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Selling your home strategies and tips

Selling your home strategies and tips, search with this term and you will get a plethora of choices. They all are necessary steps in the process, but they just may not be in the right order. What is important is what you want to get from the sale and how are you going to wisely use those proceeds. These are always significant transactions. When large sums of money are exchanged many tax implications are part of the deal. Considering the long term benefit to be preserving and protecting your cash, the first step in selling your home is to know what you are doing with those funds and how you are going to do it.

Then of course look on line and see the competition in your neighborhood, see what the prices are, if there are open houses, go to those open houses and see how they are being marketed. A good agent will always have open houses to gage the market, a great agent will do so knowing exactly who their target is and how they behave.  Just like school, there are A students and there are C students. The A student will look to streamline their process to only those tasks and marketing efforts that work. They can describe that person in detail and tell you specific steps they will take to target that demographic using technology.

You should always get your property as neat and clean as possible. Everything should be working and if there are surface blemishes, repair them. That is the minimal step. From there consider what you are spending and what you expect to get from the market. There will be time and money spent before the sale if you go that route and that may not get repaid in the sale. There are a lot of strategies you will only hear from the best agents, the rest you can use the search term, Selling your home strategies and tips

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Blog Featured For Buyers For Sellers Housing Market Updates Larry Lawfer market reports Move-Up Buyers Realtor®

Empty Nesters: Best to Remodel or Time to Sell?

This is a decision that many families in the Boston area are facing. They love the house, the kids are gone and now they have kids, seems like the only time the house is filled is during the holiday parties.  The love of one's home of many years is also a strong inducement to stay.  Your neighbors, your neighborhood, your friends, your routines are all thrown up in the air when the decision to move is made.  Remodeling is a different form of torture.  Living with the planning and spending and waiting around for things to happen and then have things happening too fast and all at once. Ah, the joys of homeownership, or not.  For me, I would have it no other way.Empty Nesters: Best to Remodel or Time to Sell? | Simplifying The Market Your children have finally moved out and you and your spouse now live alone in a four-bedroom colonial (or a similar type of house). You have two choices to make:
  1. Remodel your house to fit your current lifestyle and needs
  2. Sell your house and purchase the perfect home
Based on the record of dollars spent on remodeling and renovations, it appears that many homeowners are deciding on number one. But, is that the best long-term solution? If you currently live in a 3-4-bedroom home, you probably bought it at a time when your children were the major consideration in determining family housing needs. Along with a large home, you more than likely also considered school district, the size of the property and the makeup of other families living in the neighborhood (example: you wanted a block with other kids your children could play with and a backyard large enough to accommodate that). Remodeling your home to meet your current needs might mean combining two bedrooms to make one beautiful master suite and changing another bedroom into the massive walk-in closet you always wanted. However, if you live in a neighborhood that historically attracts young families, you may be dramatically undermining the value of your house by cutting down the number of bedrooms and making it less desirable to the typical family moving onto your block. And, according to a recent study, you will recoup only 64.4% of a remodeling project’s investment dollars if you sell in the future. Your home is probably at its highest value as it stands right now. Instead of remodeling your house, it may make better financial sense to sell your current home and purchase a home that was built specifically to meet your current lifestyle and desires. In many cases, this well-designed home will give you exactly what you want in less square footage (read less real estate taxes!) than your current home.

Bottom Line

If you are living in a house that no longer fits your needs, at least consider checking out other homes in your area that would meet your lifestyle needs before taking on the cost and hassle of remodeling your current house.  I hope this post has been helpful.  You don't need to be our client to get your questions answered professionally, call 617-774-8292 for your real estate answers.
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The #1 Reason to Sell Now…Not Next Spring. Sell Home Now

The #1 Reason to Sell Now… Not Next Spring | Simplifying The Market The Spring market is well underway now since December.  We still don't have enough inventory. While the interest rates are rising, they still are at historically low rates.  Ask some old guy about 12% home loans when you want to complain about a 4%.  Just saying. The price of any item (including residential real estate) is determined by ‘supply and demand’. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. As an example, here is what happened to housing inventory at the beginning of 2016: The #1 Reason to Sell Now… Not Next Spring | Simplifying The Market Putting your home on the market now instead of waiting for increased competition in the spring might make a lot of sense.

Bottom Line

Buyers in the market during the winter months are truly motivated purchasers. They want to buy now. With limited inventory currently available in most markets, sellers are in a great position to negotiate.