Tagged: selling a home

Creating Multiple Offers from Marlboro Home Buyers This Fall

For anyone who has listed their home on the Marlboro market, the equivalent of winning the lottery is a call from your agent telling you that multiple offers are on the way. It’s like hitting the jackpot — especially when the house draws top dollar and gets above asking price offers competing with each other.

Although the tactics that can trigger such a phone call vary by location and property type, a few overriding concepts put you far ahead in the competition to attract Marlboro’s motivated home buyers—

  • Build excitement
    Marlboro home buyers are like everyone else: whenever there’s a crowd, natural curiosity prompts us to find out what all the fuss is about. When you list your property a few days before beginning the showing process, you increase the odds of drawing a larger turnout on the first days of showings — or at your well-publicized open house. When homebuyers sense they are being shoehorned into a full schedule, they get the message: this one is hot! In a real estate environment where word-of-mouth can play a key role, it’s smart to actively set up buzz and good press around your property.
  • Team with a pro
    Nothing prevents you from doing all the legwork yourself — if you have the spare time, that is (and don’t mind wading through reams of property data online, taking all the home buyer calls, working through their schedule changes, etc.). But when you team with a seasoned agent to perform the prep work for you, it frees your time to tend to more important tasks. Also, professionals have experience in screening potential Marlboro home buyers and encouraging only those who are best qualified to make an offer — ultimately saving you time, effort and expense down the road.
  • Spruce it up
    As important as any other factor is being able to focus your energy on maintaining your home in impeccable shape. It is so true that you don’t get a second chance to make a first impression. The dollars spent here and there on maintenance can draw ten times as much at closing. Marlboro home buyers usually have no trouble paying a bit extra for a well-maintained house. When home buyers are presented with a property in absolutely excellent shape, it communicates long-term value — as well as a solid, trouble-free investment!

For additional information, please contact Sujatha Bhaskara at Keller Williams Realty by calling 732-319-1340 or by emailing at sbhaskara@optonline.net. Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market and learn more about successfully positioning your Marlboro, NJ property to sell in a short time frame. For more information on what’s happening in the Marlboro, NJ real estate market, sign up to become a Marlboro Market Insider today!

5 instant tips to boost curb appeal

We all know the power of first impressions. That old saying “don’t judge a book by its cover” is a lot easier said than done. The same goes for selling a home. Buyers’ first impressions are one the largest factors in their purchase decision. Let’s face it, you wouldn’t feel so inclined to buy a home with broken fences and a terrible paint job no matter how nice the inside may be. Here are some great (and quick!) tips to boost your home’s curb appeal, attract more buyers and sell your home quickly.

Time for a scrubbing

One of the most obvious ways to instantly spruce up any home is by giving it a good old power washing treatment. It’s amazing what a dramatic change this simple step can create to the overall look of the home. This will give the impression to potential buyers that the house has been well-kept and make them feel more inclined to signing those papers!

Put your green thumb to work

Flowers instantly add a warm and inviting look no matter where they are. Make sure that your landscaping in the front yard is clean and fresh, add mulch, and trim trees and bushes. Adding a few potted plants or even getting dirty and planting them in the garden will create a more colorful look to your home, making it instantly attractive to viewers.

You’ve got mail

Mailboxes are literally one of the first representations of a home. Their curbside location means that they really are the first impression. If your mailbox is old and rusting, with the flag hanging by a thread, what sort of impression will be get about the overall upkeep of your home? It is an inexpensive and simple task with immediate results.

Gutters not garbage cans

Gutters are meant to collect water and drain it away from the house so that water damage is minimal. However, gutters often have a double purpose and catch falling debris. Leaves and twigs tend to get stuck and stick out in every which way. Grab a ladder and some work gloves and clean out all that messy stuff. You’ll be amazed at what a difference it makes.

Replace that old hardware

It’s time to ditch that old door knocker and the ancient house number which seem to have permanently claimed their place in your front entry way. Upgrading to a new and simple look is easy with a quick trip to your local home improvement store. Buyers will be impressed with the attention to detail and immediately have a good feeling about your home.

Take the stress out of selling your home and increase your chances by taking these tips to heart. They all can be done within the span of one day, but the impact lasts a lifetime! What are some other quick tips that you use to boost curb appeal?

 

For more help selling your home check out this site. Direct any questions you may have to Sujatha Bhaskara at 732-319-1340 or sbhaskara@optonline.net.

Tips for selling your own home

When it comes to selling a home, homeowners sometimes contemplate selling on their own. Just like home repairs, taxes, and other tasks, it may be possible to do it yourself but often the time, money, and result may not be of the that a professional can achieve. Technique, know-how, experience and expertise are important, especially with selling such a big investment. The following are for sale by owner dangers that sellers in Marlboro and other areas of New Jersey must consider when thinking of selling their home or any other real estate.

Proper Pricing

Determining the right price will mean the difference between your listing selling within a reasonable time or not selling at all. Many homeowners make the mistake of referring to past appraisals, the value of a nearby property, or incorrectly priced listings currently on the market to determine their price. Incorrect pricing may lead to wasted time and a lower selling price if  the home actually does sell later. Seller agents watch the real estate market and understand the complexities of setting prices. This comes into play not only when your property is first put on the market but also as time goes by and the seasons fluctuate.

Reaching the Most Buyers  – Real estate agents

Real estate agents can extend the reach and exposure of your property to a larger pool of home buyers. Most home buyers, especially first time buyers, use real estate agents to guide them through the buying steps. For-sale-by-owner marketing avenues may not include the network of real estate agents. The selling price is based on supply, demand, and right timing. By wasting time and limiting exposure (the demand), the end result can be a much lower selling price.

Buyer Qualification Methods

Not all prospects are qualified. There are different elements to an offer and pre-approval that must be evaluated, and it includes more than just price. Taking your home off the market for an unqualified offer can cause you to lose valuable time, miss out on other buyers, or leave your property unfairly stigmatized. Real estate professionals will ensure you thoroughly assess offers and reduce your risk.

Creative Strategies

In addition to major issues dealing with appraisal and inspection contingencies, contracts often fall apart over very minor items. There may be methods of keeping them intact that sellers may not think of simply due to inexperience. Real Estate agents gain extensive knowledge over time and often find alternate terms to facilitate agreement or to address problems.

Buffering Emotions

Emotions are high in almost all real estate deals. It is expected given the enormity of the investment and the attachment that many homeowners have to their home. Real estate professionals function as a cushion between parties to keep matters civil and communication productive. This is actually pivotal in most property transfers. Your listing agent can keep a clear head and guide you on matters while promoting your best interests.

For Sale By Owner  In Marlboro New Jersey

Listing agents help you price your home correctly based on the current market, reach the most potential buyers, qualify offers, bring deals together through creative terms, keep deals together, help you with inspection and appraisal issues, and facilitate successful closings. Homeowners who take the for-sale-by-owner route to save money can find themselves faced with lengthy market times, be stressed over issues in the transaction, lose qualified buyers because of inexperience, and eventually end up selling their home for less money than they hoped to.

The reasons listed above are only some of the many things that could happen while selling a home. Getting a qualified agent with experience can help you navigate the uncertainties in the current  market efficiently, help you negotiate with buyers,  and actually net you more money for your home.

For more information on this or any questions you may have about selling your home, contact Sujatha Bhaskara at 732-319-1340 or sbhaskara@optonline.net. You could also visit this website  for useful formation on selling your home in Marlboro NJ.

Listing contract details

There are several steps to selling a home. After you have found a listing agent for your home, you will be provided with a listing contract. Prior to signing this document, it is helpful to understand the conditions normally included. The Marlboro NJ listing contract details in this blog will make you an educated seller.

Professional Fees

Commission is typically itemized as a percentage of the selling price. It is against the law for brokers to imply that a rate is fixed in the market. Every brokerage sets its own rates and, similar to everything else in real estate, it can be changed. It is important to understand the experience and value provided by individual brokers and companies when comparing their fees. Finding one with the lowest fee may not be the best choice and may actually end up hurting you, so make sure you understand what services they offer for the fee.

Listing agents typically share a certain portion of the fee with buyer agents. The amount is shown in the MLS system. Higher rates may encourage buyer agents to promote your home and, likewise, low percentages can discourage them. This is particularly true when competition is high. If the percentage is not specified, you can ask about it.

The contract also indicates when the compensation is technically earned. It is important to read and understand the terms of the contract.

Marketing Services

You must enable your agent to handle specific tasks. The most obvious one is to enter the details of your property into the local MLS (multiple listing service). This service shares the information with all real estate professionals and could also send your listing  to a list of authorized websites. By expanding the pool of home buyers that see the information, you will increase the likelihood of selling and for a higher price. Adding signs, attaching a lock box, and performing open houses are other services that you may be asked to sign off on in the listing contract.

Legal Obligations

Real estate brokers are not solely salespeople. They are actually agents in the legal definition and have special obligations under real estate law. These are referred to as fiduciary duties and include care, obedience, accounting, confidentiality, diligence, disclosure, and loyalty. Basically, your broker must work for you and look out for your interests. There can be situations where a listing agent also represents a buyer attempting to purchase your home. This is called a dual agency. The paperwork will provide information on how this shall be addressed, such as mandated disclosures, and what services will be provided to each party. Make sure that you fully understand the potential scenarios and agree with the terms.

Marlboro NJ Listing Contract Details

The Marlboro NJ listing contract details in this article include some of the most common components of listing contracts but may not address everything in your specific contract. As with any kind of contract, read through the complete document carefully, ask questions about anything that is confusing, and seek additional assistance if you desire legal advice.

For more information on this and other real estate topics, contact Sujatha Bhaskara at 732-536-9010 or sbhaskara@optonline.net. Never hesitate to contact me with any of your real estate questions! For more information on selling your home in Marlboro NJ, please visit http://www.bestinnjrealestate.com/sell/.

Common mistakes of Marlboro home sellers

Seller actions can control the marketability of a home for sale. Some common mistakes made by sellers of Marlboro NJ real estate are more damaging than others. Sellers should acknowledge the impact of their own behaviour and avoid the errors below.

Common Mistakes Made By Sellers Of Marlboro NJ Real Estate

Not Spending enough Time on Clean Up

It can be a challenge to keep a home clean at all times especially while still occupying it. Sellers must clean up immediately before buyer appointments and open houses. Buyers tend to notice the mess instead of the features of a home, so not spending enough time cleaning will make your home less appealing. Buyers assume that sellers who do not clean their property also avoid critical repairs. Cleaning up helps homes for sale sell quicker and for a higher price.

Complicated Showing Instructions

The more difficult it is to confirm an appointment for a property, the less likely it is to be viewed. Sellers should think carefully about requiring too much notice or only allowing buyer visits during limited times. Another mistake is requiring that a key be picked up far away from the location of a home. When there are plenty of listings on the market, buyers will gravitate towards easy showings. Difficult showing instructions lead to missed opportunities and extended listing time frames.

Attending Viewings

Home owners often want to be home during appointments, but this does more harm than good. It can make buyers feel uncomfortable. Also, extensive conversation from a home owner distracts the attention of a buyer away from the property itself. Buyers prefer to take time to explore a property and to speak freely with one another about their opinions. Sellers and buyers interacting directly with each other can also lead to inferences about motivation and contract terms.

Pricing Decision

Price is impacts how long a property will stay on the market and how much it will ultimately sell for. Of the common mistakes made by sellers of Marlboro NJ real estate, this one is the biggest. It is normal for sellers to want a maximum value from their property. However, overpricing is dangerous. Overpriced properties can remain on the market for longer while correctly priced homes sell first. Over time, the listing grows stale and loses the interest of buyers. The listing will sell for less after price drops and more marketing time. There is traditionally no advantage to overpricing properties. Consult with a real estate professional for a comparative market analysis and hold off on listing your home if the figures are not where you need it to be.

For Sale By Owner

Some sellers try to list a property on their own. Although it can be done, there may be many issues and expensive mistakes during the process. Real estate brokers are trained on positioning a home, being an intermediary, negotiating contracts, and promoting the interests of sellers. They also understand the market and changes that may effect a property. Experience can make a big difference, especially during changing market conditions.

Sellers Play an Important Role

Sellers play an essential role in the listing of real estate. The common mistakes made by sellers of Marlboro NJ real estate above are only the most critical mistakes. A professional real estate agent can ensure avoidance of other listing pitfalls. For more information on this and other real estate topics, contact Sujatha Bhaskara at 732-536-9010 or sbhaskara@optonline.net. Never hesitate to contact me with any of your real estate questions! For more information on selling your home in Marlboro NJ, please visit http://www.bestinnjrealestate.com/sell/