Month: February 2022

So, you’ve decided to sell your home. Whether it’s to move out of state, downsize, or move up, selling your home is a big decision. The weeks leading up to the holiday season are when real estate investors pounce on properties, and buyers who want to buy before the holidays often pay more than they would at other times of the year.

The housing market is on fire right now, and home prices are skyrocketing, so it’s no wonder that many homeowners are rushing to sell their homes through a “we buy houses Smyrna GA” (depending on where they live) portal. But just because the housing market is hot right now doesn’t mean that it will remain that way.

There are a host of reasons why your home may not sell. And there are a fair number of other homes that do sell, even in this hot market. From pricing to curb appeal, here are 7 reasons why your home is not selling as it should be.

1. Keep in mind that a house is the single largest purchase for many potential buyers. So naturally, they want to make sure they’re getting a great deal. This is especially true if they plan on living on the property for a while. But pricing a house too low can give you the opposite result: it risks scaring off buyers. If they think it’s a bad investment, they’re less likely to make an offer.
   Pricing a house too high can also actually be a money-loser since it can result in not receiving as many offers as you would have if you chose a lower price point. That’s why you should find the right pricing for your home.
2. Whether your home looks good to prospective buyers is a question many sellers ask themselves. No matter how good your real estate agent is, sometimes your home just looks, well, bad.
   The last thing you want is potential buyers telling you what’s wrong with your house and then having to fix it all before you can even list the home for sale. Therefore, inspect the exterior of your home, and look for anything Such as windows, doors, siding, etc that needs replacement or repair. You can then look for renovation firms like JD Hostetter & Associates that can make sure the home you’re selling looks its best.
3. Sometimes, your home isn’t selling because you might be selling it at the wrong time. While it can be very hard to turn down a prospective buyer, you might want to think twice before selling your home simply because you think it’s bad timing. Certain times of the year may be better or worse than others to list your home, depending on how the housing market in your area is behaving.
4. You’ve been working hard, cleaning, showing, and prepping your home for listing for months, and then suddenly it hits you-your home isn’t selling. Your listing went on the market, you waited for weeks for showings, and still nothing. So, what gives? Well, buyer’s agents often face issues when showing homes to clients. One of the most common problems is obscured or blocked views.
   A 2014 Report by Redfin showed that 80% of home buyers use the internet in their home search and that 62% of buyers learn about the home they want to buy online. You have to enlist your home on a real estate website to ensure potential clients get to see your property.
5. When thinking about selling your home, it’s important to remember a process that’s typically overlooked: photography. Is it important? Absolutely. Selling a home is tough, and photos that grab a buyer’s attention can go a long way to getting them to show your home. If a photo is unattractive, buyers may have a hard time envisioning what they’ll find if they walk through the door. Sometimes, the photograph may give a wrong impression about the type of your home. Buyers might be looking for a townhouse but, in the photograph, it might be looking as a normal condo (you can know the difference between a home vs townhouse and their demand in the market here). Therefore, it might be essential that you hire a professional real estate photographer to click good photos of your house that you can put up in the house selling portal.
6. Sellers want to attract serious buyers. Of course, it is easy to make bad changes in all the excitement of preparing to sell your home. Bad changes can hinder a buyer’s experience, as they then start questioning the decisions made by the homeowner.
   Home improvement projects are a great way to update your home, add value, and improve its aesthetics. But not all improvements are the best investments for your home. Some can actually harm its resale value.
7. Curb appeal is the visual attractiveness of your home to passing buyers. Most people don’t realize that curb appeal is just as important to selling your home as it is to buying a home. A little landscaping work, keeping the driveway clean, adding some outdoor decor or seating, could really boost the curb appeal of your home. You could even upgrade your residential windows, because, if you didn’t know, they do make lot of difference to how the house looks!

When buyers pull up to your house and don’t see a beautiful and welcoming entrance, it creates a wrong first impression and decreases their likelihood of walking inside. Curb appeal should be the first thing you think of when staging and selling your home. A few simple and inexpensive curb appeal improvements can give you a 5% to 15% higher selling price.

Most people don’t spend 100% of their time at a single job, so changing careers once in a while is a natural part of the experience. But deciding whether to rent or buy can be a stressful process, especially when your time is limited. So how do you choose the best way to get into the housing market? For many, it’s about the property itself, but for others, it’s about the way you get that property.

If you are relocating to a new city, state, or country, you may have to look for various residential options available at the location. You can consider buying a property by getting a mortgage available at a low interest rate (calculate it with the help of a calculator available for a specific location, for instance, a mortgage spain or another area). Alternatively, renting can also be an option for people who are locating for either a short duration or don’t have a good financial condition.

As for the renters, You want to rent to tenants in your rental property, but you want the best tenants you can find. What is the best way to screen potential tenants to make sure that you get the highest quality tenants in your rental property?

When deciding whether to rent to a new tenant, landlords have many factors to consider. After all, the last thing you want is to have to deal with damage resulting from an inexperienced tenant. Of course, you do have the option to look for the Best Seattle Property Management Company that can offer you comprehensive benefits, be it maintaining the property, finding good tenants after the screening, or dealing with tenant communication. But if you are planning on doing it yourself, you might want some good tips, let us help you think things through. The first step is: Select the type of tenant you want. If you want to rent to a family who wants to remain in your home, you’ll probably want to focus on households with children, who tend to be more comfortable in a home with other kids. If you want to rent to retirees, you’re likely to want to look for low-maintenance tenants.

Tenants are a significant expense for landlords, especially when it comes to the bad ones that can harm the property, the ones that create noise and make you late to work, or the ones that just don’t pay the rent they owe. Many landlords believe they can avoid renting to bad tenants by screening them first, but this is a poor approach to screening prospective tenants.

To screen potential tenants, landlords should start by considering the basics: time on the property, length of tenancy, past rental history, criminal record, and credit history. However, some landlords will look at these factors alone and disregard others, such as the tenant’s attitude, age, and character. So, if you lack time to manage all your properties and check on every tenant, you can hire a property management company (perhaps one similar to Eagle Property Management, LLC) to handle all these procedures and more. A professional property manager can take care of various activities in regard to real estate maintenance, tenant search, verification, etc.

Also, here are a few questions to ask a potential renter: – How much experience do you have renting on the same property? – How long have you lived in the neighborhood? – Do you have any pets? – Do you have any children? – Do you smoke? – Do you have any allergies? – Do you have any violations currently on your record? – Are you a good person to have in your building? – What are your goals for renting in the building?

Run A Credit Check Your Hiring Tenant

A lot of people ask me how they should run a credit check when hiring a tenant. The answer to that question is very simple: “You should run a credit check for every tenant unless you are 100% convinced that the tenant has a stellar credit history.”

Run a Background Check on your tenant

Background checks are one of the most important steps you can take when screening tenant candidates. Although most landlords employ the more traditional method of asking for references and verifying employment, it is important to check for other red flags. One of the most common rental scams is rental fraud, where an individual is renting a home under a fake identity. Many rental companies have been affected by rental fraud, with many tenants being arrested as a result. While inspecting for rental fraud, ensure that tenant is not doing any check fraud. To avoid facing issues like check forgery, you can learn a few tips about check fraud prevention, which you can implement during a tenant’s initial rent deposit.

Contact the Previous Landlords of your new tenant

Every landlord will run a background check on prospective tenants, and they must get it right. The first mistake a landlord makes is not taking the time to look at the background of the tenant, their past landlords, and the references they have on file. This is a common problem that everyone can avoid.

Contact the Tenant’s Employer

One of the most common complaints that landlords have is that prospective tenants do not take their phone calls. I can’t count the number of times that I have been working with a landlord on a tenant, only to have that lease get rejected at the last minute because the tenant had not contacted the landlord. I know that all of this seems like common sense, but I’ve seen so many landlords frustrated and angry when tenants don’t take their calls or do not show up to an inspection or an open house.