What Is My Home Worth?

For Moncton homeowners, understanding the current market value of their property is not only a matter of financial interest but also a practical step in planning their next move in the real estate market. Whether you're considering selling your home, refinancing, or simply keeping tabs on your investment, knowing the potential selling price of your property is crucial. In this blog post, we will explore the factors that influence the current market value of homes in Moncton and provide some practical tips to help you determine your home's value.

Understanding the Moncton Real Estate Market

Moncton, located in the beautiful province of New Brunswick, is known for its affordability, quality of life, and strong job market. These factors make it an attractive place for both residents and investors. However, like any real estate market, Moncton experiences fluctuations in property values due to various factors. To determine the current market value of your home accurately, you need to consider the following key factors:

Location, Location, Location

The location of your property plays a significant role in determining its market value. In Moncton, neighbourhoods with good schools, low crime rates, and proximity to amenities like parks, shopping centers, and public transportation tend to have higher property values. Neighbourhood trends and upcoming developments can also impact your home's value.

Property Size and Condition

The size and condition of your home are fundamental factors in its valuation. A well-maintained property with updated features and modern amenities generally has a higher market value than a similar property needing repairs or renovations. The number of bedrooms, bathrooms, and other amenities can also influence the price.

Recent Comparable Sales

One of the most effective ways to determine your home's current market value is by looking at recent comparable sales (comps) in your area. Real estate professionals use these data points to assess your property's worth. Consider factors such as the sale price, square footage, and condition of homes similar to yours that have sold recently.

Market Trends

Moncton's real estate market is not static; it experiences fluctuations based on economic conditions, supply and demand, and interest rates. Monitor local market trends, such as whether it's currently a buyer's or seller's market, to gauge the demand for properties like yours.

Economic Factors

Moncton's economy can significantly impact property values. Factors like job growth, industrial development, and changes in the local economy can affect the demand for housing and its value.

Home Improvements

Any upgrades or renovations you've made to your home can increase its value. For example, a renovated kitchen or bathroom can significantly impact your property's selling price.

Curb Appeal

The exterior appearance of your home matters. Well-maintained landscaping, a clean facade, and an inviting entryway can make a positive impression and increase your property's value.

How to Determine Your Home's Current Market Value

Now that you understand the key factors that influence your home's market value, let's explore some practical steps to determine it accurately. Determining the current market value of your home is an essential step for homeowners, and several methods can assist in obtaining an accurate estimate.

One can determine their home's current market value by considering various factors:

onsult a Real Estate Professional

Real estate agents have access to valuable market data. They can provide a comparative market analysis (CMA) that estimates your home's value based on recent sales in your area. Their expertise can help you get an accurate assessment.

Find Out Your Homes Value

Use Online Valuation Tools

Some various online tools and websites offer free home value estimates. While these can give you a rough idea, they may not be as accurate as a CMA from a local real estate agent.

Attend Open Houses

Visiting open houses in your neighbourhood can help you understand the competition. It's an opportunity to see how similar homes are priced and what features attract potential buyers.

Keep Track of Local Market Trends

Stay informed about the Moncton real estate market by reading local news, follow One Stop Home Pros real estate blogs, and attending community meetings. Knowing market trends will help you understand whether it's an excellent time to sell.

Consider an Appraisal

You can hire a professional appraiser if you're serious about selling your home and want an official valuation. They will provide a detailed report on your property's value, which can be helpful when negotiating with potential buyers.

Consulting Moncton Realty Experts One Stop Home Pros

Determining the current market value of your Moncton home requires consulting a Moncton realty expert. These local experts have extensive Moncton real estate market knowledge, including neighbourhood dynamics and market trends. Partnering with a Moncton real estate professional provides access to their experience and up-to-date data, ensuring an accurate assessment of your property's value.

Whether considering a sale, refinancing or staying informed, a Moncton realty expert's insights and guidance are valuable in your decision-making process. In the dynamic world of Moncton real estate, their expertise is your greatest asset.

Questions? Please call or email, we can meet for coffee.

Empowering Moncton Homeowners to Make Informed Real Estate Decisions

Your Local Moncton Realty Experts,

Devon Babineau

One Stop Home Pros

Keller Williams Capital Realty

• 1 506 961 8111
• Email Us
• 4B-150 Edmonton Ave
  Moncton, NB E1C3B9

When it comes to selling your home, presentation is everything. It's the first impression that potential buyers receive, and it can make a significant difference in how quickly your property sells and at what price. Home staging is a strategic tool many sellers use to enhance their home's appeal, but is it essential? Let's explore the concept of home staging, its benefits, and whether it's worth the effort and investment.

What Is Home Staging?

Home staging is the art of transforming a space into an enticing environment for potential buyers. It involves arranging furniture and decor to highlight a home's strengths and maximize its space. The goal is to create a welcoming and neutral environment that helps buyers emotionally connect with the property. Understanding the essence of home staging is the first step toward harnessing its power in your real estate journey.

The Benefits of Home Staging

The benefits of home staging extend far beyond mere aesthetics; they are the secret sauce that can elevate your home sale experience. Home staging presents your property in its most appealing light to potential buyers. Let's explore these advantages, exploring how this strategic approach can enhance your chances of selling your home quickly and at a favourable price. From enhancing visual appeal to creating a neutral canvas for buyers' imagination, the benefits of home staging are far-reaching, and they may be the edge you need in today's competitive real estate market.

Enhances Visual Appeal

Staging can transform an empty or cluttered space into an inviting and aesthetically pleasing one. It helps buyers see the full potential of each room, making it easier for them to picture their own lives in the home.

Maximizes Space

Professional stagers are skilled at arranging furniture and decor to make rooms appear more spacious. This can be especially valuable in smaller homes or those with unconventional layouts.

Highlights Key Features

Staging emphasizes your home's best features, whether it's a stunning fireplace, beautiful bay windows, or a spacious backyard. These highlights can sway buyers in your favour.

Creates a Neutral Canvas

Staging removes personal items and design choices that may not appeal to all buyers. This neutral canvas allows a broader range of potential buyers to envision themselves living in the space.

Speeds Up the Sale

Well-staged homes often sell faster than those that aren't staged. A quicker sale can reduce your carrying costs and provide peace of mind.

Find Out Your Homes Value

Is Home Staging Necessary?

The decision to stage a home before putting it on the market is a crucial one that many sellers grapple with. Is home staging necessary, or is it an optional step in the selling process? While home staging offers undeniable benefits, understanding when it is needed and when it may be more optional can help you make a well-informed decision about how to present your home to potential buyers best. Here are some factors to consider when deciding whether staging is necessary for your property:

Market Conditions

Assess the current state of the real estate market in your area. Staging may be less critical in a hot seller's market where demand outweighs supply. However, in a competitive market, staging can give you an edge.

Property Type

Consider the type of property you're selling. Vacant or newer homes may benefit less from staging than older homes, with unique features needing highlighting.

Budget

At One Stop Home Pros we include professional staging to get the highest price for all of our clients homes and condos as part of our top rated marketing plan when we list for sale. Including: furniture pieces, rugs, bedding, art work

DIY vs. Professional Staging

Some sellers successfully stage their homes independently, while others opt for professional stagers. The choice depends on your skills, time, and resources.

Online Presence

In today's digital age, many buyers begin their property search online. High-quality, well-staged photos can attract more online views and in-person visits.

Working with Home Staging Experts

Working with One Stop Home Pros home staging professionals can significantly impact your home selling journey. These professionals are skilled in design and understanding buyer psychology. They can transform your property into an appealing masterpiece that stands out in the market. They offer valuable insights and resources to create an inviting atmosphere, maximize space, and highlight your home's best features. While a cost is involved, the potential for a quicker sale at a higher price makes it an intelligent investment. Ultimately, it can result in more money in your pocket.

Final Thoughts

Choosing to stage your home is a powerful decision with many benefits. It is not mandatory, but it can give your property an advantage, leave a lasting impression on buyers, and speed up the sale while potentially increasing profits. Consider your property's unique features and the current market when deciding whether to do it yourself or hire professionals. Home staging can yield significant rewards and is a wise choice for sellers looking for a successful and profitable sale.

Empowering Moncton Homeowners to Make Informed Real Estate Decisions

Empowering Moncton Homeowners to Make Informed Real Estate Decisions

Your Local Moncton Realty Experts,

Devon Babineau

One Stop Home Pros

Keller Williams Capital Realty

• 1 506 961 8111
• Email Us
• 4B-150 Edmonton Ave
  Moncton, NB E1C3B9

Realtor vs. FSBO

Selling your home in Moncton is a significant decision, and one of the first choices you'll need to make is whether to hire a real estate agent or sell it yourself, also known as "For Sale By Owner" (FSBO). Each option has advantages and disadvantages, which can substantially impact your selling experience and financial outcomes.

When navigating the local real estate market, Moncton homeowners can make an informed choice by weighing the pros and cons of each approach.

The Pros and Cons of Hiring a Real Estate Agent

Pros:

1. Expertise and Experience: The most significant advantage of working with a real estate agent is tapping into their wealth of knowledge and experience. Local agents understand the Moncton market intricately, including pricing trends, neighbourhood dynamics, and the intricacies of transactions. They can help you set the right asking price and guide you through the selling process.
2. Market Exposure: Real estate agents can access extensive networks and marketing resources. They can list your property on Multiple Listing Service (MLS), a database used by real estate professionals, significantly increasing your property's visibility. This broad exposure can attract a larger pool of potential buyers.
3. Negotiation Skills: Negotiating the best deal for your home is a critical aspect of the selling process. Real estate agents are skilled negotiators, ensuring you get the most favourable terms and price for your property. They can also provide valuable advice during negotiations.
4. Time and Convenience: Selling a home is time-consuming. It can quickly become a full-time job, from marketing to showings and paperwork. Real estate agents take the burden off your shoulders, allowing you to focus on other aspects of your life while they handle the sale.

Cons:

1. Commission Fees: The primary drawback of hiring a real estate agent is the commission fee you'll pay upon the successful sale of your property, typically around 5% of the sale price. This fee can significantly impact your final profit.
2. Limited Control: When you work with an agent, you relinquish some control over the selling process. You'll need to rely on their expertise and decisions, which may only sometimes align with your preferences.

The Pros and Cons of FSBO (For Sale By Owner)

Pros:

1. Cost Savings: One of the most apparent advantages of FSBO is the potential to save on real estate agent commission fees. You have control over the entire process, so you don't need to pay a professional for their services.
2. Control and Flexibility: FSBO allows you complete control over the selling process. You can set the price, choose when and how to show your home, and negotiate directly with buyers. This flexibility can be appealing to homeowners who want to be hands-on.

Cons:

1. Limited Market Exposure: With the reach of an MLS listing and a real estate agent's network, your property may get the exposure it needs. This can result in a longer time on the market and lower offers.
2. Lack of Expertise: Selling a home involves various legal and financial intricacies. Without a real estate agent, you may lack the expertise to navigate these complexities, potentially leading to legal issues or financial losses.
3. Time and Effort: FSBO can be time-consuming and emotionally taxing. You'll be responsible for marketing, scheduling showings, negotiating, and handling paperwork, which can be overwhelming, especially if you need to be more experienced in real estate transactions.
4. Limited Access to Resources: Real estate agents have access to resources such as professional photography, marketing materials, and industry contacts. As an FSBO seller, you should use these valuable tools to enhance your property's appeal.

Find Out Your Homes Value

Factors to Consider When Making Your Decision

1. Market Conditions: The current state of the Moncton real estate market can influence your decision. FSBO might be more manageable in a seller's market with high demand. In a buyer's market, the expertise of a real estate agent can be invaluable.
2. Your Expertise: Your experience level and comfort with real estate transactions should also affect your decision. If you've sold homes before or have a background in real estate, FSBO might be a viable option.
3. Time and Availability: Consider how much time you can commit to the selling process. If you have a busy schedule, an agent can handle the workload.
4. Financial Goals: Assess your financial goals and how much you're willing to invest in the selling process. Real estate agent commissions should be factored into your financial calculations.
5. Legal and Financial Risks: Be aware of the legal and financial risks associated with FSBO. Mishandling contracts or negotiations can lead to costly mistakes.

The decision to hire a real estate agent or embark on an FSBO journey in the Moncton real estate market is significant. It hinges on various factors, including your expertise, market conditions, and financial goals. While FSBO can offer cost savings and control, it often comes with trade-offs regarding market exposure and expertise. On the other hand, real estate agents bring experience and knowledge but come at a cost. Ultimately, it's essential to carefully evaluate your unique circumstances and priorities before choosing. Consulting with a local real estate expert can also provide valuable insights and guidance in decision-making.

Questions? Please call or email, we can meet for coffee.

Empowering Moncton Homeowners to Make Informed Real Estate Decisions

Your Local Moncton Realty Experts,

Devon Babineau

One Stop Home Pros

Keller Williams Capital Realty

• 1 506 961 8111
• Email Us
• 4B-150 Edmonton Ave
  Moncton, NB E1C3B9

We think you may have ‘empty nest syndrome’. The two most common symptoms are a sudden overabundance of free time and feeling like you have a hole to fill.

As you moved beyond the half century mark, did you suddenly find yourself with an empty nest which brought about a period of introspective re-evaluation? We think you may have ‘empty nest syndrome’. The two most common symptoms are a sudden overabundance of free time and feeling like you have a hole to fill.

A remedy? Travel. It will help you get over the bitter sweetness of saying goodbye to the last birdie to leave the nest. Trust us, we speak from experience. Our third and last child went off to college abroad and so my husband and I decided to do the same and we don’t regret it one bit.

This is your chance to satisfy a lot of the unfulfilled ambitions you had stored away while you were stuck at home doing chores, prioritizing your career, raising a family and only traveling to family friendly destinations. The best part? You can travel when school is IN SESSION.

Don’t know where to start? We got your back.

Empty nester traveling 101

1. Retire Abroad:

Do you live in a place that isn’t the most exciting? Is it the safe and ‘responsible’ choice? Maybe you and your partner have your careers sorted, the schools are great and your family has a great social circle? Don’t get us wrong, these are great positives but is that really all you want from life, especially as an empty nester?

It’s definitely nice to have a home for the kids to visit but you could also head somewhere further afield now that they are just visiting. You can bring this vision to life by looking for housing options abroad for you and your partner to retire in. Maybe in a city you have always dreamed of living in or a beach town you have always loved? Some types of accommodation to search for are bungalows, ground floor flats overseas, retirement homes or assisted living options in your future home, and more.

Don’t worry; the kids will still come, because you are their home and no matter where you go, they will want to see you. Let that empty-nest guilt go because this time in your life is for you.

2. Take an Extended Vacation:

Excited by the thought of retiring abroad? How about you try it on for size before you take the plunge? Just imagine the chaos if you committed to it without a trial period, sold your house and moved, only to find out it really wasn’t a great fit. As they say, “it’s a nice place to visit, but I wouldn’t want to live there.”

As you spend an extended time in a location, you start to assimilate into it, you understand it better. Hence, you might consider spending an extended time in another country before deciding to move permanently. Do you fancy yourself a snowbird vacation in the Caribbean Islands? Or maybe, you want to stay in your hometown for the winter and travel the rest of the year? You will only know what you like when you experience it for yourself.

3. Jump Into a Cruise:

Cruises and retirees go together like rum and Coke. Why? Well, cruises have a lot to offer to seniors. For instance, cruises allow you to head away and see countless beautiful places with minimal effort on your own part. All you have to do is hop on and you’re sorted. There’s a roster of entertaining activities to choose from to have a good time until you reach where you want to disembark and explore. The added benefit? A comfortable bed to sleep in at the end of each day with great service around the clock.

The variety of locations and the lack of hassle are great selling points for cruises but if you’re not a fan of big crowds, consider looking for smaller vessels. You can easily find options to charter a private cruise or go on a river cruise which offer the comfort and benefits of a traditional ocean liner but without the crowds.

4. Hit the (RV) road:

You can also try out the less radical approach by trading a brick-and-mortar base to roam the world gypsy-style, maybe in an RV? This way, you’ve got everything you need with you when you hit the road, and you don’t have to worry about planning overnight stays and hotel searches. 

Like moving to a foreign country, we recommend you try RV-ing on for size first. And, what better way to do a trial run than without permanent costs attached? Simply rent an RV and head out to see if the RV-ing lifestyle suits your needs.

So, does this sound like something in your travel future?

MORE READING

• Round the world travel - Part two
• Where are the empty nesters going?- Part three

Keeping a well-manicured lawn is a goal for many homeowners. That nice crisp look of freshly trimmed grass can really improve the appearance of your home and surrounding property, and there’s just something to be said for the lush green color of a healthy lawn.

But what if your lawn isn’t quite as healthy as you think? It’s possible that all of the work that you’re putting into that manicured look is actually keeping your lawn from reaching its full potential.

When a lot of people mow the lawn, they tend to cut it low and keep it that way. While there are some grasses that thrive with a close cut, a lot of grasses are actually healthier if you let them grow slightly taller. If you really want to keep your lawn healthy and create a luxurious carpet of green around your home, here are some things that you should stop and consider.

Less Frequent Mowing

Keeping your lawn trimmed short usually requires getting out and mowing every week or so, and sometimes even more frequently during certain seasons. It’s a lot of work, but it’s worth it… right? Maybe not. Grass height tends to slow down a bit as the blades grow longer, so you can actually get away with mowing less frequently if you let your lawn stay a little bit taller than you’d normally keep it. If you let your lawn grow out to 3 or 4 inches, then you can still create an overall uniform look while mowing a bit less often and having a thicker and lusher lawn overall.

There are environmental benefits to this as well. If you’re not mowing as often, you’re not using as much gas over the course of the year. This can be a big benefit both to the air and to your wallet as gas prices continue to hover near record highs. Taller grass also requires less frequent watering, as the blades of grass retain some moisture within themselves and can capture more dew from the air. This means that you won’t spend nearly as much time or money watering your lawn, and you won’t have to worry as much about watering limitations if you’re in an area facing drought conditions.

Improved Lawn Health

There are some other things that you can do to improve your lawn health and get a vibrant green lawn without frequent mowing as well. One big action you can take is dethatching your lawn, which breaks up and removes the layer of old roots and other plant material that lays above the soil that can have a negative effect on the ability of new grass to grow. A dethatching machine runs over your lawn, cutting small furrows through the thatch to break it up and give your grass more room to spread out freely.

Soil aeration is another way that you can greatly improve your lawn health. For this, an aerating roller will pass over your lawn and poke small holes in the soil as it travels. These holes allow air and water to enter packed soil more easily, making your soil healthier overall, and providing some much-needed liquid refreshment to the roots of your grass. This can have an even greater impact if you experience dry, hot summers, as heat can dry out the soil and make the packing effect even worse. Aeration lets water bypass the dense level of packed earth and get to your grass before the heat can evaporate it, resulting in less water being needed to water the grass effectively.

Reimagining Your Lawn

Less frequent mowing, slightly taller grass, and some soil maintenance can go a long way toward revamping your lawn while saving you money in the long run. Lawn maintenance and landscaping pros in your area might have additional suggestions as well. HomeKeepr can help you find just the right pros for your needs; creating an account is free, so sign up today and get to work on that lawn.

Not only does it allow you to really showcase the best features of your home, it helps you get ready to move and to possibly shed some items you really don’t need anymore anyway. Two birds, one stone.

A proper decluttering can be a big project, though. It’s important to have a plan before you get started.

Decluttering 101: Getting Started

The goal of decluttering for a home sale is to make your house appear as large and functional as is possible within its structural limitations. Obviously you’re not going to turn a 12 foot by 12 foot living room into a massive parlor simply by getting some stuff out of the way, but as with anything you’re looking to sell, it’s a good idea to put the best foot forward possible.

Removing clutter helps rooms feel more open and airy, so make this the hard focus of your life until it’s totally done. Bringing in some friends who will give you an honest opinion can also help you find more things to get out of the house before your Realtor comes to take the photos for your listing.

These tips can help you stay focused:

1. Begin at the beginning.

The first thing a potential buyer is going to see is the yard, then the driveway and then the front door. These areas need to be very neat and tidy or else they’ll simply stay in the car and drive away. You don’t want to waste a lot of energy inside for buyers to be turned off because your front porch is covered in shaggy planters and old patio furniture.

2. One room at a time.

There are any number of apps for planning big projects like this, so pick one and get to making a list. Every room in the house, even closets and hallways, should have their own entry. Break the effort into the smallest chunks possible to make it easier to accomplish. The more you check off, the better you’ll feel and the more momentum you’re going to build.

3. Do you really need all that furniture?

Rooms crammed with furniture are great for get togethers, but they’re terrible for showing a buyer how they can use the same space. All they can see is your furniture, so get as much of it out of the way as possible. Leave the pieces that are the nicest or the newest for the very best first impression.

4. Clean all the counters off.

It’s the easiest thing in the world to get into the habit of using your counters for storage, but when buyers see this practice, they just assume you don’t have enough storage. nobody wants a house with not enough storage — that’s probably the reason they’re looking for a new place to begin with.

5. Clean the showers.

It’s an incredible hassle and something you probably only do when company is coming, but assume that company will be coming every day until closing from now on. Black mold on shower grout is an huge turn-off. Those buyers won’t know that you haven’t cleaned the back shower stall since 1989, they’ll just see that black mold and leave.

6. Your collections have gotta go.

Yes, you have the most amazing collection of paperclip stick figures ever assembled, but they don’t need to be on display. In fact, they’re probably standing between you and a potential buyer right now. Pack them up, get them out of sight, make the room where you keep them look enormous.

7. Declutter the garage and storage buildings, too.

Oh, don’t think we’ve forgotten about these guys. They’re great places to dump stuff you don’t want to get rid of, but don’t know where to put, but that potential buyer is going to want to know if their own stuff that they can’t figure out what to do with will fit in that space. Clean that garage and those storage buildings up and, if necessary, install some heavy duty shelves or racks to give them some appearance of organization.

Where Do You Put The Decluttered Clutter?

Once you’ve sorted out the things you can live without for a while, you have to decide what to do with them. You have a few options. You can sell them, maybe make a little bit of cash at a resale shop or a garage sale. You can keep them, but in a storage unit somewhere away from your home. You can recycle them. You can donate them. Probably, realistically, you’ll do a few of these things, depending on the clutter.

Whatever you do, don’t keep them in the boxes in your house. That defeats the entire purpose of decluttering. Remember, you want to make your house look huge, not like a tightly packed storage unit. So banish the boxes, clear the clutter, make it go far, far away. You’ll also be mostly ready for your move, should you sell that house quickly because of how clean and shiny it is, so that’s nice.

Need a Hand With the Mission: Impossible?

It can be a huge and daunting task to declutter a home you’ve lived in for a while, there’s no doubt about it. But that’s why there are professionals who have tons of experience organizing and staging spaces for home sellers. If this isn’t your forte, your HomeKeepr community can help you find someone who lives for it. Since your Realtor has already recommended these pros, you know they’re going to do an amazing job. You won’t even recognize your own house!

You're ready to sell your property. And, while you're looking forward to seeing the word "SOLD" posted from the curb, you know there's a lot to consider along the way.

One of your first decisions is to select a real estate company and real estate agent who'll join you in the process.

Step 1
Manage Showings

Along with your agent, you will need to prep your house for sale and set a price. Once done, you’re ready for the public to see your home.

What is a showing?

A showing takes place either at an open house, which is a scheduled session when anyone can come by without an appointment, or during an appointment scheduled with you or your listing agent.

How do I prepare my house for a showing?

Your agent is a great source of advice on specifics for your home preparations so that your house is positioned competitively in the market. Preparations will likely include two phases. During phase one, before photos are taken and before the first showing, you should:

• Clean deeply.
• Paint some or all of your house.
• Do minor repairs such as caulking tubs and windows.
• Make major repairs – if needed and in your budget, such as replacing your counters or appliances.
• Stage your furniture to showcase your home’s best features.
• Remove personal items such as family photos.
• Declutter every surface and storage space.
• Reorganize your closets and pack excess items.
• Eliminate odors by cleaning the fireplace or pulling out musty rugs.
• Add a color scheme with rugs or pillows if needed to warm up your home.
• Upgrade your lighting or light bulbs to make your rooms brighter.
• Spruce up the landscaping.
• Power-wash your decks and sidewalks if needed.

What can I expect when showing my house?

Three important things you can do to help get your house sold are:

• Leave when your house is being shown. Buyers prefer to look at homes when they can move around freely and the owners aren’t there.
• Make your house as available as possible. While it may be inconvenient to show your home at dinnertime or on weekends, buyers who can’t see a property when they’re eager may cross it off their list.
• Listen to any feedback from buyers or agents about ways you can make your home more appealing.

Always coordinate with your agent for maximum exposure and a faster sale.

Step 2
Review Offers

Congratulations! You received a message from your agent that you have an offer on your home. Now you need to evaluate that offer and decide how to respond.

What is an offer?

An offer to buy your home is a purchase agreement signed by the potential buyer that includes:

• The amount of the offer
• An explanation of how the buyers will pay, such as cash or a pre-approval for financing
• The terms – such as a request for closing cost help or contingencies such as the sale of the buyers’ house, a final mortgage approval, a satisfactory home inspection and an appraisal
• A target date for closing
• An earnest money deposit
• A time limit for the offer

How do I evaluate each offer?

When you receive an offer to buy your home, you and your agent should review it and consider whether you want to accept it. Whether you have one offer or several, you and your agent will look at:

• The amount offered
• Whether the buyer has included or waived contingencies
• Where the funds are coming from, such as all-cash, a reputable local lender, a well-known online lender, or an unknown out-of-town lender
• The proposed closing date and date of possession of the house to see if it aligns with your needs
• Any special requests for items to convey or for special inspections

What happens if I receive multiple offers?

If you receive multiple offers, your agent can advise you on one of these options:

• Accept the best offer. If one offer stands out above the rest, you can accept that one right away. But be careful not to be swayed by a high offer if the financing seems uncertain or if the buyer hasn’t explained a plan for a possible low appraisal.
• Counter all the offers to get a better price and terms. You can ask all potential buyers to give you their best offer by a certain deadline.
• Counter one offer that’s close to what you want. If you like one offer but think the buyers could do a little better, you can send them a counteroffer to see if they’ll accept it.

You and the buyers can negotiate until you both agree on the final contract. Your agent is your best ally during the negotiations and is equipped with the data and knowledge to guide you.

Step 3
Prepare for Inspection

Most buyers request a home inspection as a condition of their offer. While a home inspector will dig more deeply into your home than a buyer, the preparation you made before your first showing should help you get ready for the inspection. Your agent can give you personalized advice, too.

What is a home inspection?

A home inspection is a thorough review of your home’s structure and systems by a professional home inspector. Buyers can use the inspection report to decide to rescind their offer if a major issue is uncovered or to request repairs if the contract is contingent on a satisfactory report. In some cases, a home inspection is solely for the buyers’ information and can’t be used to negotiate.

What is looked at during a home inspection?

The inspector will check:

• Structural conditions such as the foundation, beams and floors
• Roof condition
• Mechanical systems such as heat and air conditioning
• Appliances – to make sure they’re working, although some inspectors skip appliances that are not built-in
• Plumbing – for leaks, rust and water pressure
• Electrical systems such as grounded outlets and code violations
• Safety issues such as stairs, handrails, mold or chimney maintenance

What’s not looked at during a home inspection?

The inspector won’t check some items that are unusual or inaccessible, such as:

• Septic systems
• Wells
• Underground pipes and sprinkler systems
• Swimming pools and spas
• Playground equipment

How should I prepare for an inspection?

Before the home inspector arrives, you should:

• Clean your house.
• Remove or crate your pets.
• Make sure all your light bulbs work.
• Empty your washing machine, dryer, oven, and dishwasher – in case they are inspected.
• Make sure everything is accessible, including your attic, a crawlspace, your garage and any sheds.
• Leave a note if anything doesn’t work and explain that you’re getting it fixed.
• Provide documents about maintenance and repairs.
• Leave your cell phone number for the inspector.
• Leave the house.

What happens now?

Once the inspection report has been generated, you and your agent can discuss how to handle any possible issues the buyers mention. You can negotiate with the buyers, decide to fix an item, provide money for the buyers to fix it themselves or provide documentation that the problem has already been addressed. Your agent can help you handle any inspection issues.

Step 4
Prepare for Appraisal

As you near the end of your home sale journey, you will need to pass one more test: an appraisal. Your agent can help you gather materials and prepare for the appraiser’s visit.

What is an appraisal?

An appraisal is an objective valuation of your property that serves as a safeguard for the buyer and the buyer’s lender. While the buyer pays for an appraisal, the appraiser actually works for the lender. While an appraiser may look at some of the same things as a home inspector, the result is an appraised value of your property rather than a condition report.

How is my house appraised?

Appraisers use as many measurable pieces of data available to provide an accurate value of your property, including:

• Comparable properties in your area that are of similar size, age and condition
• The condition of your home’s systems and structure
• The square feet of your property
• The number of bedrooms and bathrooms
• Your location
• The quality of your flooring, plumbing and electrical systems

Appraisers include research about other properties and neighborhood values, as well as an in-person visit for their evaluation of your home.

How should I prepare for an appraisal?

Preparing for an appraisal is similar to prepping for an inspection. You should:

• Provide a list of all major improvements to the home and the age and condition of your roof, heating and air conditioning system, and appliances.
• Provide any permits required for home improvements.
• Clean your house.
• Provide full access to all rooms and spaces, including the garage, sheds, attic and crawlspace
• Remove or crate your pets.
• Leave the house, or at least stay out of the appraiser’s way.

How can an appraisal affect my home sale?

An appraisal could require a renegotiation if the property value comes in lower than the sales price. The appraised value dictates the maximum amount the lender will allow the buyers to borrow, minus their down payment. Depending on how the contract was written, if the appraisal is low, you can:

• Ask the buyer to come up with extra cash to make up the difference between the loan amount and the purchase price.
• Reduce your price to the appraised value.
• Split the difference with the buyer.
• Cancel the contract.

Your agent can advise you on your options in the context of the contract and market conditions.

Step 5
Close

While it’s tempting to focus on your next move, your agent is likely to remind you that until the closing is over, you have some final responsibilities as a seller.

What should I do before the closing?

Before the closing day, you’ll need to:

• Take care of repairs required by the contract.
• Keep all receipts and invoices and before-and-after photos of repairs.
• Gather all appliance manuals and warranties for your buyers.
• Hire a mover.
• Cancel all utilities for the day after you move.
• Cancel all utilities for the day after you move.
• Change your address.
• Review all settlement documents, especially the settlement statement.
• Check the property survey to be sure it’s correct.
• Clean the house.
• Prepare for the buyers’ final walk-through

What can I expect when closing?

Sellers may or may not attend the closing, so you should consult your KW agent and the settlement company to decide what’s best. You can sign all documents before the official closing. Sellers’ expenses, which are deducted from the proceeds of the sale, include:

• Final balance on your mortgage
• Real estate commissions
• Prorated property taxes, utility bills, homeowner’s insurance, and homeowners association dues

If you can’t move before the closing, you’ll need to arrange a rentback from the buyers. Your agent can help you complete appropriate paperwork for a rentback. If you are moving, the buyers will do a walk-through of your home within 24 hours before the closing to check that the property is in good condition. If the buyers find something that needs to be fixed, your agent can help you decide how to handle it. Whether or not you attend the closing, you’ll need to provide house keys to your buyers, along with all alarm codes, remote controls for the garage, and mailbox or gate keys.

What’s next?

After the closing, you’ll:

• Receive the proceeds from the sale, usually by wire transfer.
• Cancel your homeowner’s insurance “post-close” – to make sure you’re covered on that day.
• Save your closing documents and home improvement records for taxes.

Congratulations! You can shake hands with your agent: you’ve successfully sold your home.

A solid system will keep your home cool in the summer, warm in the winter, and just plain comfortable throughout the full year.

Proper maintenance can keep your HVAC system running smoothly for years, ensuring that your home’s internal climate stays exactly the way you want it as time goes by.

This doesn’t mean that things can’t be better, though. You may not realize it, but there are actually several ways that you can modify your HVAC system to improve performance and create a better overall quality of life for you and your family. Different systems may have different options available, and they can affect the function of your system in different ways.

Air Purity Add-Ons

Some of the most common HVAC modifications are designed to improve the overall quality of the air in your home, filtering out impurities and eliminating things in the air that could possibly make you sick. Air cleaners and air purifiers are readily available for a number of systems, trapping things as small as bacteria, viruses, and allergens that are too small to be seen by the naked eye. These function similarly to portable single-room air purifiers, but instead of only working on the room where the unit is located, these actually filter and purify the air in your entire home.

Another option that often goes along with air purification is UV lamps that treat air as it moves through your HVAC system. This high-intensity ultraviolet night kills bacteria, mold, and other organisms that might be in the air and moving through your vents. Not only does killing these organisms help to keep you and your family healthier, but it can also prevent them from multiplying and clogging your air filters over time. This helps to ensure that your air stays clean for longer and keeps your system running with peak efficiency.

Air Quality Add-Ons

Simply cleaning the air isn’t the only way that you can improve your home’s air quality. Depending on where you live, humidifiers and dehumidifiers can go a long way toward making people comfortable within your home. Air that’s too humid can lead to unchecked mold and bacterial growth, while air that’s too dry can trigger symptoms of asthma and various allergic reactions. Adding a humidifier or dehumidifier as appropriate helps to eliminate these issues without requiring room-to-room solutions.

Another way that you can improve the quality of your home’s air is to add a ventilator unit to your HVAC system. These units facilitate the exchange of stale air from within the home with external air to help eliminate odors and other forms of internal pollution and ensure that you always have fresh air within your home. Much of the external air is pretreated before it enters the HVAC system, allowing you to exchange air without introducing issues such as unwanted heat or accidentally cooling the house more than desired.

HVAC System Modification

It’s worth noting that not all add-ons will be available for every HVAC system. Some are designed with extensibility in mind, while others are more closed systems that are harder to modify with add-ons after installation. It’s a good idea to bring in an HVAC pro for a consultation when planning modifications to your system, since they’ll have a better idea of what options are available and which will give you the biggest bang for your buck.

On the plus side, HomeKeepr makes it easy to find exactly the professional you need to explore your options and help your HVAC system do more. Our app lets you connect with HVAC pros in your area who have the skills and expertise that you need and who can get the job done without breaking the bank. Creating a HomeKeepr account is free, so sign up today and get connected. Your HVAC system will thank you for it.

Of course your house is awesome – it’s your house! But the things that you really love about your home’s decor can sometimes slow down progress when you’re trying to sell your place.

Just because you’re all in on the “Halloween all year long” aesthetic doesn’t mean that potential buyers will be able to see past that when viewing your home.

What a Home Buyer Sees

Although we all like to imagine that we only look at the house itself and never, ever let ourselves be influenced by anything that’s easy to change about a home (or things that don’t even go with the home), the truth is often very different. Many homebuyers, especially those who are in the market for the first time, need to be able to picture themselves living in your house.

For some homes, that’s easy enough, but others that are owned by people who live an abundant or exuberant life can be a real challenge to homebuyers. They can forget they’re shopping for a home and get overwhelmed by the decor or intense level of personalization going on inside. Of course, you bought your house in part so you could make it your own, but now it’s time to let someone else take her for a test drive.

Obviously a lot of things can’t be turned into blank slates, especially if you have children or pets who have items that are specifically theirs and used often. Short of sending them to stay with the grandparents until you’ve got a contract secured, just keeping their areas tidy and focusing on the things you can soften will have to be enough.

Decluttering Is Important, but So Is Depersonalizing

There’s a difference between stripping a house of all its charm and simply depersonalizing it a bit. If you’ve got an original pink bathroom in a 1950s ranch-style home, by all means, let that brilliant bit of historical architecture shine. But, if your home is covered in photos of your family, your dog, and your intensely personal artwork, you may want to tone those selections down a notch.

When a homebuyer walks into a home that’s so deeply personalized, it can make them feel a little bit like they’re violating your privacy, even though you invited them in by listing your house. When someone feels like they’ve trespassed, they’re going to try to get out as quickly as possible, which does not help a buyer see themselves living in that house.

Consider Color Choices

Many buyers realize that they can and will almost certainly repaint your home to their liking, so for most sellers, repainting isn’t really a high priority, nor should it be. However, for some sellers, it definitely merits consideration. The homes that may need to consider a paint job are those that offer significant challenges to the potential buyer, or that have paint that works against the space. For example, if your house is full of dark colors that make the space seem a lot smaller than it is, it’s going to turn buyers away. Not only will they have trouble seeing themselves in the space that they perceive erroneously to be very dark and tight, those who realize it’s a visual trick may still be put off by the large amount of work that’s ahead of them.

As a rule of thumb, if you’ve chosen a color that will need several coats of primer before lighter paint will cover it, you’ll probably need to repaint. You can even go with a similar color that’s much, much lighter, if you really feel like the color works well for your house. Most buyers won’t care, as long as it’s something that they can easily imagine themselves repainting in a weekend to meet their own needs.

In our experience, a house is not a dream home because of its size or color. It's about how you feel when you walk through the front door - the way you can instantly see your life unfolding there. This about more than real estate. It's about your life and your dreams.

Step One
Home Visit

We'll arrange to visit the homes you've selected, together and in-person, to determine the best fit for you.

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How can I make the most of my time when visiting homes?

• Get an accurate idea of your price range, an estimate of your monthly payments and a pre-approval letter, so sellers will take you seriously when you make an offer.
• Work with your agent to hone your “wants” and “needs” list. Think about what’s most important to you: the location or the house itself.
• Preview homes throughcour home buying app to eliminate those you won’t need to visit in person.
• Plan an itinerary with your agent.

What should I expect when visiting homes?

• You and your KW agent typically visit homes together
• Homeowners usually are not home, so you’re free to spend as little or as much time as you want.
• Buyers often have a gut reaction to a home. First impressions count, but you can also consult your agent to learn more about home values and possibly to reevaluate your priorities in the context of what’s available in your price range.

How many homes should I visit?

Sometimes buyers find their future home the first time out and others look at 50 homes before they see one that checks all their boxes. It’s a good idea to see at least a few alternatives so you have some points of comparison, but sometimes you just know a place is where you want to live.

What should I look for when visiting homes?

• Look beyond the staging and decorative items to see the features and fixtures that convey with the house.
• Check the condition of the home.
• Keep track with photos and notes.
• Consider possible home improvements you might want to make so you can research costs later.
• Don’t forget to check out the outside of the property and the neighborhood. Your Keller Williams agent has access to neighborhood insights and data to help inform your decision.
• Locate your commuter route, schools, shops, restaurants, parks and other amenities.
• If the property is a condo or located in a homeowners association, find out the fees and rules to see if you can live with them.

Your real estate agent will be your trusted partner for your home search.

Step Two
Making an Offer

Once you’ve narrowed down your list and have a clear favorite, collaborate with us to make an offer on a home.

What should I include with my offer?

Your agent will have the most recent standard purchase offer forms that comply with state and local laws.

• The price
• Terms – such as a request for closing cost help or that the offer is subject to your obtaining financing and a home inspection
• Target date for closing
• Earnest money deposit – your KW agent can advise you about how big your deposit should be based on local customs and current conditions
• Request for final walk-through
• Time limit for the offer

What are the most common contingencies?

• Financing. Unless you’re paying cash, it’s typical to write your offer with a contingency clause that lets you off the hook if you can’t finalize your mortgage within a certain number of days. Even though you have a pre-approval for a loan, it’s smart to protect yourself.
• Home inspection. Your offer can be made dependent on a satisfactory home inspection report within a certain number of days. This protects you if the inspection uncovers expensive necessary repairs.

What happens if I face multiple offers?

In a competitive housing market, you may find yourself competing against other buyers. In that case, your Keller Williams agent is your best ally in strategizing for your offer to be accepted. With access to real-time market data, your KW agent will know how to best position your offer. If there’s more than one offer, the sellers can:

• Accept the best offer
• Counter all the offers to get a better price and terms
• Counter one offer that’s close to what they want

You and your agent can work together to find out what’s important to the sellers, such as a specific moving date, and to discuss possibly waiving contingencies, adjusting your price or writing a “love letter” about the house.

What is a counteroffer?

Sellers can accept your offer as is or they can make a counteroffer with an adjustment to some or all of your terms. You can accept or reject the counteroffer and make your own counteroffer. The contract is final once you and the sellers have agreed to all the terms.

Your agent is essential when negotiating the terms of your purchase.

Step Three
Execute Contract

The crucial period between an offer and a final contract is an important time to stay in close contact with your Keller Williams agent so you’re equipped with all the information you need to make smart decisions.

What should I expect to see in the contract?

Ask your agent to explain the key points in your multi-page contract, such as:

• Accuracy of information, including the correct spelling of your name and the property address
• The effective date of the contract – important because your contingencies have time limits.
• A list of contingencies, such as that the sale depends on financing, an appraisal, a satisfactory home inspection and perhaps the sale of your current home.
• Property disclosure information from the seller, depending on your state laws.
• A complete list of what conveys with the property
• A list of required inspections, such as a home inspection and a pest inspection
• Information about when you can move in.
• In some cases, such as if your offer is contingent on the sale of your home, the seller may add a “kick-out” clause, which means that the seller could accept another offer if one is made before your home is sold.

How do I know when to negotiate and when to let go?

Your agent can guide you, but you also need to decide how much you want a particular property and what you’re willing to accept to get it. You may want to let go when:

• A bidding war drives the price too high
• The appraised value of the home is below your offer
• A home inspection finds defects that would be expensive to repair
• The sellers are unwilling to make reasonable repairs
• You learn about homeowners association rules that won’t work for you

What are common contract pitfalls I should avoid?

Your agent will help you watch out for:

• Unrealistic deadlines: you’ll need time to arrange a home inspection and receive the report, as well as arrange financing
• Missing deadlines means you lose your chance to end the contract and keep your deposit
• Items that don’t convey with the property: if you’re not sure, ask your agent to confirm
• Communications from your lender

According to the National Association of REALTORS®, the most common reasons for contracts to fail or to be delayed are home inspection problems, financing problems or an appraisal issue. Contact a Keller Williams agent to help you navigate the complexities of a real estate contract.

Step Four
Schedule Home Inspection

As soon your offer is accepted, you should schedule your home inspection. If you’re buying in a busy season, it may take time to find an available inspector, so rely on your agent to recommend trusted home inspectors.

What is a home inspection?

Your home inspector will check a massive list (more than 1,000 items) of systems, appliances and structures in your home to evaluate its condition. You’ll get a written report that identifies potential problems and future maintenance issues. It’s up to you to decide whether the report means you want to walk away from a house or ask the sellers to make repairs. You can also have an “information only” inspection, which means you’re buying the house as is, but want to know its condition.

What’s included on a home inspection?

The inspector will check:

• Structural conditions such as the foundation, beams and floors
• Roof condition
• Mechanical systems such as heat and air conditioning
• Appliances – to make sure they’re working
• Plumbing – for leaks, rust and water pressure
• Electrical systems such as grounded outlets and code violations
• Safety issues such as stairs, handrails, mold or chimney maintenance

What should I watch for during the home inspection?

You and your agent should attend the home inspection to learn about home maintenance and so you can see any potential problems yourself. The inspector can answer questions as you go, so if there’s anything you don’t understand or are worried could be a problem, just ask.

I’ve got the home inspection report, now what?

While you and your agent can decide whether to negotiate on anything in the inspection report, you can ask the inspector the following questions:

• Are the items you’ve flagged major or minor issues?
• What needs to be done to resolve any flagged issues?
• Can you give me an estimate of the cost of any repairs?
• Do I need another inspection, such as by an electrician or a structural engineer?
• Are there things I need to do after I move in

Your experienced real estate agent can be the best adviser to help you understand the implications of the home inspection.

Stage Five
Get a Home Warranty

Some home sellers pay for a home warranty that covers them while their home is on the market and conveys to the buyers after the sale. You can ask your real estate agent for advice about negotiating for the sellers to pay for a warranty or buying one yourself.

What is a home warranty?

A home warranty policy, which typically lasts for one year and is renewable, provides coverage for some of your home’s systems and appliances. In return for the annual fee, the company will cover repair costs and arrange for contractors. You’ll pay a deductible fee and possibly service fees if you need to use the warranty.

Do I need a home warranty?

If you’re buying an existing home, especially one with appliances that are more than four years old, a home warranty can give you peace of mind about paying for unexpected repairs and finding a reliable contractor. If you’re a first-time buyer, especially if you have limited savings, this can be particularly important. If you have plenty of emergency savings, you’re handy or know good contractors, you may not need a warranty. Your real estate agent can also be a good source of recommendations for contractors. If you’re buying a newly built home, structural defects are usually under warranty by the builder for 10 years and other items are typically covered for six months to two years, so you don’t usually need a home warranty.

What should I look for in a home warranty?

To choose a good home warranty, you and your Keller Williams agent should review:

• The home warranty company’s license with your state’s real estate commission
• The fine print – that’s where you’ll find exclusions and limitations
• What’s covered and what’s not
• The coverage limits – your repairs will only be paid for up to a specific level
• Service fees and deductibles
• How quickly service and claims are handled
• How contractors are vetted and what happens if you use your own
• Coverage differences between a basic warranty and enhanced warranty
• Online reviews

You can always ask your real estate agent for home warranty recommendations and advice.

Stage Six
Close

What should I do before the closing?

As your closing nears, you should:

• Stay in close touch with your Keller Williams agent, lender and title company.
• Avoid lowering your credit score with a new credit application or late payments.
• Confirm that your contract contingencies are resolved, including the home inspection, an appraisal and your financing.
• Finalize your homeowner’s insurance policy.
• Gather your down payment and closing cost funds in an accessible account.
• Review your Closing Disclosure form, which you’ll receive three days before your settlement, and ask questions if you don’t understand something.
• Arrange a wire transfer or get a cashier’s check for the funds you need for the settlement.
• Schedule a walk-through of your new home within 24 hours before your closing to check its condition.

What can I expect at the closing?

In a word: Paperwork! Allot a few hours for your closing. Bring to the closing:

• A government-issued photo ID
• Proof of homeowner’s insurance
• Your copy of the contract
• All paperwork associated with your loan and the home purchase
• Your cashier’s check or wire transfer confirmation
• Your checkbook for miscellaneous funds that weren’t included on your closing estimate

What paperwork is required to close?

You’ll be signing numerous documents, including a repeat of the documents you signed when you applied for your loan. The most important documents you’ll sign are:

• Promissory Note to repay the mortgage
• Deed of Trust, which gives the lender the right to foreclose if you don’t repay the loan
• What’s covered and what’s not
• Initial Escrow Disclosure, which outlines the funds on deposit for your property taxes and homeowner’s insurance bills
• Right to Cancel form, which states that you have three business days to cancel the transaction

What’s next?

After your closing:

• Keep all your signed documents in a safe place.
• Avoid lowering your credit score with a new credit application or late payments.
• Change your address.
• Change the locks and security codes on your home
• Review your due dates and new budget.

Congratulations!
You’ve got the keys to your new home! Stay in touch with your agent for future recommendations and service.