Seattle Real Estate BlogRecently posted or modified blog posts in the category - Selling Your Homehttps://www.johnlscottballard.com/blog/Copyright JohnLScottBallard.com2022-02-15T12:22:25-07:00tag:johnlscottballard.com,2012-09-20:67264 POWERFUL WAYS YOUR AGENT CAN INCREASE YOUR HOME’S VALUE
You’ve heard the phrase “If these walls could talk.” After you’ve worked with <a href="http://www.houzz.com/for-pros/painter-and-painting-contractor-leads" target="_blank" rel="noopener">Houzz Pro</a> long enough, you’ve seen a lot of walls. You also hear a lot of talking, not from the walls but from the homeowners in the middle of a remodeling project.
Even though I know useless details about the best applications for eggshell or satin white, it is honest to say I’m still learning a lot about real estate. And while I interact with my fair share of homeowners, I’m still a greenhorn at <a href="https://www.themadronagroup.com/how-to-sell-your-home/" data-type="URL" data-id="https://www.themadronagroup.com/how-to-sell-your-home/">selling a house</a>.
<br />Now that I’ve wrapped up most of my remodeling projects, I’m getting ready to sell my home. Even though I’m well versed in home improvements, I’ve learned there are a few parts of the selling process that rely heavily on the experience of a real estate agent.<br /><br />Knowing I’d have to work with an agent to get the highest selling price meant it was time to do some research on how they could help me the most.
When I compared the way things are being done at <a href="https://www.themadronagroup.com/team/" data-type="URL" data-id="https://www.themadronagroup.com/team/">The Madrona Group</a> to the competition, a few things stood out about their approach. This is a primer for sellers learning about how an agent can maximize your home’s sale price from a third-party perspective.
4 WAYS YOUR AGENT CAN INCREASE YOUR HOME’S SALE PRICE INFOGRAPH
<img src="https://lh3.googleusercontent.com/R5vKosrN8lRWyOm-_PmVGy-gVUBkSct-eVjY5fgwoeC5w_yRJ0It6XerWgWsVdfofhm13Y067tBWRP4FNAYkwNGZUAbY-tW_4p1m9EKYW061qG6bMoWXmPxExJbhl0v0_L8u7p4u" alt="Increase Your Home’s Sale Price" title="You’ve heard the phrase “If these walls could talk.” After you’ve worked with Houzz Pro long enough, you’ve seen a lot of walls. You also hear a lot of talking, not from the walls but from the homeowners in the middle of a remodeling project." data-lazy-src="https://lh3.googleusercontent.com/R5vKosrN8lRWyOm-_PmVGy-gVUBkSct-eVjY5fgwoeC5w_yRJ0It6XerWgWsVdfofhm13Y067tBWRP4FNAYkwNGZUAbY-tW_4p1m9EKYW061qG6bMoWXmPxExJbhl0v0_L8u7p4u" data-ll-status="loaded" class="entered lazyloaded" />
MARKET TREND ANALYSIS
Knowing market conditions is crucial to getting the right price when you’re selling your home. <a href="https://www.themadronagroup.com/seattle-housing-market-report/" data-type="page" data-id="2628">Market conditions</a> can fluctuate month after month, so having the most recent data available can give you the best picture of the market.
If you can find an agent that frequently provides a market analysis for the area, you’ll know you’re headed in the right direction. One of the easiest ways to know is to look at the <a href="https://www.youtube.com/c/THEMADRONAGROUP/videos" target="_blank" rel="noopener">agent’s YouTube page</a> and see if they publish monthly market reports.
SELLER’S MARKET
We’ve all heard the phrase seller’s market. But do you really know what it means?
The <a href="https://www.themadronagroup.com/what-is-a-sellers-market-real-estate-faq-with-jason-fox/">definition of a seller’s market</a> is based on the law of supply and demand, and simply means there are more buyers than current supply.
In real estate, a “Seller’s Market” is when there is less than 3 months of housing inventory. A neutral market is 3-4 months of inventory.
Your agent’s market analysis should include a breakdown of the monthly housing inventory changes. Knowing the most recent details on market conditions and trends can help you be strategic with picking the best price and time to sell.
HOME VALUATION
Even though buyers are typically responsible for covering the appraisal, it is important to understand your home’s value before you actually list. An obvious but important step in the process is to complete a <a href="https://www.themadronagrouprealty.com/home-valuation" target="_blank" rel="noopener">home valuation</a>.
A home valuation doesn’t just identify the value of the home when it sells, it also includes finding the home equity. Home equity is the market value of the home minus what you still owe.
HOME VALUATIONS GIVE YOU ANSWERS TO QUESTIONS LIKE:
How much can you afford if you bought another home?
When can you cancel mortgage insurance?
How much have you paid so far?
How much cash can you take out?
What could you earn by doing a nightly rental?
How much interest can you save over the life of the loan with an extra payment each month?
Home valuations are also important for refinancing and mortgage reduction. Depending on market conditions and improvement plans for the property, mortgage reduction and refinancing may be worthwhile considerations.
NEGOTIATING THE HOME INSPECTION
Even though the buyers cover the home inspection, it is always the best idea to have someone present during the inspection. If you’re the seller and can’t meet with the inspector to answer questions and provide additional information, you’ll want to have your agent there in your place.
THERE ARE USUALLY 3 MAIN REASONS FOR A HOME INSPECTION.
Buyers are <a href="https://www.themadronagroup.com/buy/" data-type="URL" data-id="https://www.themadronagroup.com/buy/">buying the home</a> as-is and just want a complete list of repairs. Even though there won’t be a contingency contract associated with the inspection with an as-is sale, it is still normal for these types of buyers to complete a home inspection in advance.
Buyers will buy a house that requires repairs and postpone some of the maintenance. These types of buyers will live in a house that needs some repairs and fix things over a longer period. These buyers may be sensitive to repair lists with big-ticket items.
Buyers that want very little or no work to do on their part. These buyers will want to turn the key and move right in without having to worry about any issues or repairs.
Whatever the reason for inspection may be, the inspection is likely to require some negotiation. If the inspection goes worse than you could have imagined, your agent will help you process all of your options.
The agents for the buyer and seller will have to work together to negotiate a deal.
DEAL KILLERS
Buyers can ask for <a href="https://www.themadronagroup.com/home-inspection-response/">inspection items</a> to be repaired, or a sum of money in their response
This is the part of the deal where things could become serious, be on the lookout for deal killers. Deal killers are big-ticket items that need to be fixed in order to make the sale.
EXAMPLES OF DEAL KILLERS:
Roof
Heating
Electrical
Plumbing
Siding
Be prepared for the buyer to focus on things that logically need to be corrected before the sale. Sellers usually have a couple of weeks to complete the repairs. If you don’t have the budget to complete the repairs in time, it could literally kill the deal.
You’ve worked hard to get to this point, so it is important to remember not to get too emotional over the response.
The inspection is a pivotal stage in the selling process. Once buyers are past this step, it is hard for them to back out of the contract. Luckily, agents are well connected and can help you find the <a href="https://www.houzz.com/professionals/handyman/c/Seattle--WA" target="_blank" rel="noopener">Washington contractors</a> you’ll need to complete any repairs and seal the deal.
ASSEMBLE YOUR HOME SELLING DREAM TEAM
Speaking of connections, your agent is a great resource for assembling a home selling dream team. Real estate agents have an extensive network of important players in the home selling process.
Ask your agent for the following recommendations:
Attorney
Home Inspector
Contractors
Appraiser
Home Insurance
Lender
Escrow Closer
<a href="https://www.themadronagroup.com/contact-us/">Local real estate agents</a> know the best (and worst) professionals to deal with because they’re immersed in the industry. Before you sell your home, make sure you’ve found this list of people you can trust. Dream team, assemble!
INCREASE YOUR HOME’S SALE PRICE SUMMARY
I hope these suggestions help you get the most out of your home selling experience.
Remember to keep an eye out for agents that provide regular market trend analysis reports, understand home valuations, negotiate with home inspectors, and can recommend a team of all-stars to make your selling process smooth and successful and can show you how to increase home value.
Jamie Cohen
<img width="200" height="200" src="https://www.themadronagroup.com/wp-content/uploads/2022/02/Jamie-Cohen.jpg" alt="I Learned 4 Powerful Ways Your Real Estate Agent Can Increase Your Home’s Sale Price from The Madrona Group" class="wp-image-15609 entered lazyloaded" data-lazy-srcset="https://www.themadronagroup.com/wp-content/uploads/2022/02/Jamie-Cohen.jpg 200w, https://www.themadronagroup.com/wp-content/uploads/2022/02/Jamie-Cohen-75x75.jpg 75w, https://www.themadronagroup.com/wp-content/uploads/2022/02/Jamie-Cohen-100x100.jpg 100w" data-lazy-sizes="(max-width: 200px) 100vw, 200px" title="You’ve heard the phrase “If these walls could talk.” After you’ve worked with Houzz Pro long enough, you’ve seen a lot of walls. You also hear a lot of talking, not from the walls but from the homeowners in the middle of a remodeling project." data-lazy-src="https://www.themadronagroup.com/wp-content/uploads/2022/02/Jamie-Cohen.jpg" data-ll-status="loaded" sizes="(max-width: 200px) 100vw, 200px" srcset="https://www.themadronagroup.com/wp-content/uploads/2022/02/Jamie-Cohen.jpg 200w, https://www.themadronagroup.com/wp-content/uploads/2022/02/Jamie-Cohen-75x75.jpg 75w, https://www.themadronagroup.com/wp-content/uploads/2022/02/Jamie-Cohen-100x100.jpg 100w" />
Jamie is a content manager for Houzz. Being passionate about design, Jamie has been remodeling their first family home for fun. Jamie enjoys sharing experiences with people on a similar journey. Life isn’t all about writing, design, and real estate for Jamie. Taking countless trips to dog parks with his two Boston Terriers occupies most of his time.
Orignially Published: <a href="https://www.themadronagroup.com/increase-your-homes-sale-price/" target="_blank">https://www.themadronagroup.com/increase-your-homes-sale-price/</a>
2022-02-15T12:19:00-07:002022-02-15T12:22:25-07:00Jason Foxtag:johnlscottballard.com,2012-09-20:6596Have You Thought About Downsizing Your Home? 5 Questions to AskThere’s a host of reasons you may choose to downsize your home. Perhaps you’re going to retire soon or their kids have already flown the coop.
There’s no need for the extra rooms anymore; cleaning and maintaining them can also be costly.
Or maybe you’ve looked at your recent electricity bills and thought about how you could save money on utilities.
More people are also loving the idea of living more mindfully, and one way to do it is to have a smaller home that’s more manageable and easier to maintain.
<img width="800" height="1000" src="https://www.themadronagroup.com/wp-content/uploads/2022/01/downsizing-your-home.png" alt="downsize your home" class="wp-image-13042 entered lazyloaded" data-lazy-srcset="https://www.themadronagroup.com/wp-content/uploads/2022/01/downsizing-your-home.png 800w, https://www.themadronagroup.com/wp-content/uploads/2022/01/downsizing-your-home-768x960.png 768w, https://www.themadronagroup.com/wp-content/uploads/2022/01/downsizing-your-home-100x125.png 100w" data-lazy-sizes="(max-width: 800px) 100vw, 800px" title="There's a host of reasons you may choose to downsize your home. Perhaps you’re going to retire soon or their kids have already flown the coop." data-lazy-src="https://www.themadronagroup.com/wp-content/uploads/2022/01/downsizing-your-home.png" data-ll-status="loaded" sizes="(max-width: 800px) 100vw, 800px" srcset="https://www.themadronagroup.com/wp-content/uploads/2022/01/downsizing-your-home.png 800w, https://www.themadronagroup.com/wp-content/uploads/2022/01/downsizing-your-home-768x960.png 768w, https://www.themadronagroup.com/wp-content/uploads/2022/01/downsizing-your-home-100x125.png 100w" />5 Questions you should ask yourself if you are considering to downsize your home
No matter your reason, remember that downsizing your home is a major decision that requires you to carefully consider your situation and expectations.
Here are five questions to ask yourself when you are considering the move. Hopefully, your answers will help you prepare for the lifestyle and financial changes waiting for you ahead.
<img src="https://images.squarespace-cdn.com/content/v1/611ecc95084d287e808b27be/1629411052977-K0OV1QQ6P06PVGSSWFVL/unknown.jpg?format=1000w" alt="Real estate photo" title="There's a host of reasons you may choose to downsize your home. Perhaps you’re going to retire soon or their kids have already flown the coop." data-lazy-src="https://images.squarespace-cdn.com/content/v1/611ecc95084d287e808b27be/1629411052977-K0OV1QQ6P06PVGSSWFVL/unknown.jpg?format=1000w" data-ll-status="loaded" class="entered lazyloaded" />
To save money is one of the top reasons why people downsize. If you’ve given serious thought to downsizing, it’s probably one of the things you first looked into.
When you are comparing how much you currently pay for your house vs how much you’ll pay for a smaller home, don’t forget to add the usual costs aside from mortgages, such as property taxes, homeowners insurance, utilities, and even maintenance, repairs, and upgrades.
You might also need to spend on homeowners association fees if you’re downsizing to a townhouse or condo.
You need to carefully consider these fees because moving into a smaller home doesn’t automatically mean you’ll be saving money. While expenses like utilities and maintenance are relatively cheaper when you downsize, you can also potentially have higher costs of living depending on where you will relocate. Not to mention the additional costs of moving and furnishing your new home.
Those household costs can be a huge and significant factor when considering whether downsizing is a better option.
<img src="https://images.squarespace-cdn.com/content/v1/611ecc95084d287e808b27be/1629411033883-1EV9Y5SCBX92MWFWZXNX/unknown.jpg?format=1000w" alt="Real estate photo" title="There's a host of reasons you may choose to downsize your home. Perhaps you’re going to retire soon or their kids have already flown the coop." data-lazy-src="https://images.squarespace-cdn.com/content/v1/611ecc95084d287e808b27be/1629411033883-1EV9Y5SCBX92MWFWZXNX/unknown.jpg?format=1000w" data-ll-status="loaded" class="entered lazyloaded" />
Another thing to think about is: <a href="https://www.themadronagroup.com/home-valuation/" data-type="page" data-id="7923">how much will you be able to sell your home for</a> in today’s market?
It’s important to look at the overall financial picture instead of underestimating the costs of selling a house. There are expenses like the real estate agent’s commission (unless you decide to “For-Sale-By-Owner” or FSBO), real estate transfer taxes, loan payoffs, home warranty, among others.
You might also be required to shell out a decent sum of money for necessary repairs before putting your property on the market, as well as for professional home staging services should you need to attract more buyers.
If you’ve owned your home for many years, you probably gained a lot of <a href="https://www.themadronagrouprealty.com/blog/2021/8/19/heres-what-you-need-to-know-about-home-equity-and-the-best-ways-to-use-it?rq=homeowner" target="_blank" data-type="URL" data-id="https://www.themadronagrouprealty.com/blog/2021/8/19/heres-what-you-need-to-know-about-home-equity-and-the-best-ways-to-use-it?rq=homeowner" rel="noreferrer noopener nofollow">equity</a>. This means <a href="https://www.themadronagroup.com/how-to-sell-your-home/">selling your home</a> could provide you a comfortable nest egg to put towards a smaller, cheaper home while still leaving some money to add to your savings and other future investments. But the difficult scenario is if you sell the home and the amount you receive is less than what you owe on the mortgage. When this happens, you will have to use your own money to make up the difference or risk a short sale. In other words, if you are in a negative equity position towards your home, you might have to put off your plans of downsizing for now and stick to your current house.
<img src="https://images.squarespace-cdn.com/content/v1/611ecc95084d287e808b27be/1629411024091-G6GZGO8U6JQJ21KOP7EZ/unknown.jpg?format=1000w" alt="Real estate photo" title="There's a host of reasons you may choose to downsize your home. Perhaps you’re going to retire soon or their kids have already flown the coop." data-lazy-src="https://images.squarespace-cdn.com/content/v1/611ecc95084d287e808b27be/1629411024091-G6GZGO8U6JQJ21KOP7EZ/unknown.jpg?format=1000w" data-ll-status="loaded" class="entered lazyloaded" />
It’s essential to figure out the optimal amount of living space that’s perfect for your situation.
If your current home provides an ample amount of space needed for your work, hobbies, and completely accommodates the needs of your family, plus the fact that you can afford to stay and maintain it, then downsizing may still be a far-off idea for you.
But if, for example, you’re starting a new chapter of your life where your kids are already older and started moving out, you might not require all of the extra bedrooms. Besides, heating and maintaining the extra rooms can be costly.
Moreover, think about your outdoor space. If creating a relaxing outdoor retreat or having a lush garden is important to you, it may be difficult to give up. But if maintaining your yard just feels like work, then you might consider moving to a condo or a low-maintenance property.
Likewise, don’t forget to evaluate other things such as parking or garage space when you move, especially if you have two vehicles.
When thinking about the pros and cons of downsizing your home, also note that an optimal floor plan is critical to maximizing space. There are many smaller houses with a significantly better floor plan, which could be the key to your happiness if you think moving is the right choice for you.
<img src="https://images.squarespace-cdn.com/content/v1/611ecc95084d287e808b27be/1629411007306-VZZDF1MS14BX4BDH21ZR/unknown.jpg?format=1000w" alt="Real estate photo" title="There's a host of reasons you may choose to downsize your home. Perhaps you’re going to retire soon or their kids have already flown the coop." data-lazy-src="https://images.squarespace-cdn.com/content/v1/611ecc95084d287e808b27be/1629411007306-VZZDF1MS14BX4BDH21ZR/unknown.jpg?format=1000w" data-ll-status="loaded" class="entered lazyloaded" />
Since you’ll have limited space when you downsize, you also need to deal with lesser stuff.
This means paring down your possessions and only bringing the things you need instead of keeping all the things you love. And since letting go of your stuff can be an emotional ordeal, you might want to consider how attached you are to your possessions and whether you can part with many of the stuff you’ve accumulated and loved over the years.
Start by taking into account all of your stuff. If you are adamant about keeping most of it, you may want to consider moving later. Or you can opt to rent out storage space until you can figure out what treasures you want to keep, donate, and even sell.
If you think <a href="https://www.themadronagrouprealty.com/blog/2021/8/19/a-3-step-decluttering-guide-for-empty-nesters-looking-to-downsize?rq=downsize" target="_blank" data-type="URL" data-id="https://www.themadronagrouprealty.com/blog/2021/8/19/a-3-step-decluttering-guide-for-empty-nesters-looking-to-downsize?rq=downsize" rel="noreferrer noopener nofollow">sorting through your belongings</a> can be a nightmare, some businesses can help you with the job. But if you find that going through your old stuff is liberating and it would feel great to dispose of the many things you’re holding onto for no reason, be prepared to come up with a plan so you can properly work out what you can and can’t take with you to your new home.
<img src="https://images.squarespace-cdn.com/content/v1/611ecc95084d287e808b27be/1629410994132-YVFNRTR0L0EGLNSXJVCH/unknown.jpg?format=1000w" alt="Real estate photo" title="There's a host of reasons you may choose to downsize your home. Perhaps you’re going to retire soon or their kids have already flown the coop." data-lazy-src="https://images.squarespace-cdn.com/content/v1/611ecc95084d287e808b27be/1629410994132-YVFNRTR0L0EGLNSXJVCH/unknown.jpg?format=1000w" data-ll-status="loaded" class="entered lazyloaded" />
There’s no hard and fast rule when it comes to downsizing. What may apply to you may not be suited for others, which means you only need to assess yourself and your situation before accomplishing the move.
Start by considering your feelings. Are you ready to downsize? What are the things you’re looking forward to? If the thought of moving into a smaller home makes you excited because you’ll have extra time relaxing on the patio with your favorite book or drink, instead of cleaning bedrooms you rarely use or maintaining your outdoor space, then you are probably ready to downsize.
While moving into a smaller house has clear advantages, you’ll only realize how small it really is once you start looking, and you may find yourself comparing your potential home to what you’ve grown accustomed to. This is why it’s also helpful to create a list of pros and cons and make sure to carefully evaluate your family’s needs and future plans before you decide.
BOTTOM LINE WHEN CONSIDERING TO DOWNSIZE YOUR HOME
This transition is far from easy, so don’t forget that it’s okay to be emotionally overwhelmed. After all, you’re moving from a home that you’ve built over the years to a new, smaller home where you need to adjust everything.
Just remember that your goal is to simplify your life and hopefully to save for other bigger things in your life.2022-01-11T17:47:00-07:002022-01-11T17:49:33-07:00Jason Foxtag:johnlscottballard.com,2012-09-20:6571Adding Curb Appeal To Your House Before You Sell
When it comes to <a href="https://www.themadronagroup.com/how-to-sell-your-home/" style="font-size: 17px;">selling a home</a>, first impressions make a huge difference. And sometimes, you only have one shot to convince a potential buyer to take a look at your home and step inside it. You want your property to have a “wow” factor to entice them to inquire further. This is why it is important to know how to add curb appeal to your house.
Curb Appeal is a popular word used in the real estate business to describe the feeling that someone gets when they drive up to a home. We thought we would help you with some ideas of how to add curb appeal to your <a href="https://www.themadronagroup.com/best-neighborhoods-in-seattle-to-live-in/">Seattle area home</a>.
Next time you are driving up to and parking in front of your house ask yourself, "does the curb appeal make the home feel warm, stylish, and inviting... or perhaps the opposite".
<img src="https://www.themadronagroup.com/wp-content/uploads/2022/01/Curb-Appeal-Tips.jpg" width="800" height="2005" alt="how to add curb appeal to a snohomish county home" title="If you think you can’t make improvements to your home’s exterior because of a tight budget, don’t be discouraged. Buyers pay attention to even the smallest of details. This is why simple tasks such as decluttering your yard, hiding the trash cans and other eyesores, updating your mailbox, or repainting the fence, could make a huge impact on your home’s curb appeal.\n\nHOW TO ADD CURB APPEAL CONCLUSION" data-lazy-src="https://www.themadronagroup.com/wp-content/uploads/2022/01/Curb-Appeal-Tips.jpg" data-ll-status="loaded" class="entered lazyloaded" />
1. CLEAN WINDOWS
For around $20 you can get an exterior <a href="https://www.houzz.com/product/79243419-ettore-window-cleaning-kit-17050-squeegees" target="_blank" rel="noopener noreferrer nofollow">window washing kit</a> and transform the look of your curb appeal by giving your windows a good scrubbing. Let those windows sparkle and let that sunshine light up the house.
Skip the Windex and ladders and learn how to <a href="https://www.thisoldhouse.com/how-to/how-to-clean-windows-pro" target="_blank" rel="noopener noreferrer nofollow">wash your windows like a pro</a>.
2. PRESSURE WASH EVERYTHING
Here in the Pacific Northwest you should probably just add pressure washing to your list of things to do each spring.
We recommend that you hire a licensed and bonded professional to clean your roof. Not only is pressure washing your roof dangerous but if done incorrectly you can do more damage than good.
Your goal with your roof is to remove all the moss, any debris that may have fallen over the winter season, and clear the gutters.
Don’t forget to pressure wash your deck, patio, walkway, and driveway. Again, we caution you to be very careful pressure washing… if you use a hard pressure you can damage materials.
If you have vinyl or aluminum siding you may want to pressure wash the house as well.
3. CLEAN AND REPAIR (OR REPLACE) ROOF GUTTERS AND DOWNSPOUTS
See above, pressure wash everything. After pressure washing your roof and gutters if you notice that any shingles are missing, cracked or bent or any gutters are pulling away from house, bent or cracked, rusty or peeling you may need to have them replaced.
Make sure that all the parts are fitted to together and that the system is draining properly. If you notice any leaks while pressure washing consider replacing the leaking parts.
4A. GUSSY UP THE DRIVEWAY
See above pressure wash everything. Once the driveway is clear of debris, moss, weeds and grasses, and oil stains you are going to want to <a href="https://www.todayshomeowner.com/video/how-to-caulk-and-seal-cracks-in-concrete-driveways/" target="_blank" rel="noopener noreferrer nofollow">fill in any cracks in the driveway</a>.
Installing a border along the driveway gives it a crisp, elegant look. You can use bricks, pavers, and stone to get your driveway to really pop. We recommend keeping the edging level with the lawn for easing mowing and maintenance.
4B. BUILD OR UPDATE YOUR WALKWAY
A well placed and well-built walkway can make the home feel inviting and complete.
If you have a straight concrete walkway consider having it removed and replace it with a <a href="https://www.diynetwork.com/how-to/outdoors/structures/how-to-install-a-paver-sidewalk" target="_blank" rel="noopener noreferrer nofollow">contouring brick paver walkway</a>.
You could also update your current concrete walkway and patio with a <a href="https://www.concretenetwork.com/concrete/walkways/existingdecorativeconcretewalkways.html" target="_blank" rel="noopener noreferrer nofollow">decorative concrete overlay</a>.
Either option will produce a striking improvement to your homes curb appeal.
Make sure that at a minimum you pressure wash your existing concrete walkway, or repair any damage to your current paver walkway. Pull all weeds and fill in any cracks. Put a nice edge line between the walkway and the lawn.
5. DRESS UP THE FRONT DOOR
Your front door is the focal point of curb appeal. You can choose to make a statement by giving the door a splash of color. But at least make sure that it is painted and in good repair.
If you need a little help deciding what color you should paint your front door check out this "<a href="https://www.bhg.com/decorating/color/" target="_blank" rel="noopener noreferrer nofollow">Choosing Color Guide</a>" by Better Homes & Garden.
You may also choose to go with a custom wood door and stain or perhaps a custom steel door.
Make sure the door is clean and consider hanging a swag or wreath that accents the house.
6. REPLACE FRONT DOOR LOCK AND HANDLE
The first thing that a potential new client is going to touch in your home is the <a href="https://www.directdoorhardware.com/keyless_handlesets.htm" target="_blank" rel="noopener noreferrer nofollow">front door handle</a>. Make sure that the metal is up to date, like a brushed nickel or oil-rubbed bronze, matches the rest of the hardware, looks strong and safe and opens and locks securely. Consider upgrading your lock for a key-less entry system.
Ensure that there are no gaps around the door and the weatherproofing is complete. There is a good message conveyed about a house when the front door feels firm, the latch secures easily, and the door seals when it is shut.
You may want to add a <a href="https://www.wayfair.com/outdoor/sb0/door-knockers-c1867832.html" target="_blank" rel="noopener noreferrer nofollow">stylish doorknocker</a> to add style and coordinate with your homes finishes.
7. RAKE YOUR YARD
Be sure to get rid of dry leaves, debris and any other clutter on your grass.
You may be inclined to start raking the moss out of your yard. Now is not the best time for this as it will leave your yard bare and brown.
8A. GIVE YOUR HOUSE NUMBERS A FONT UPDATE
The <a href="https://www.pinterest.com/explore/house-numbers/?lp=true" target="_blank" rel="noopener noreferrer nofollow">numbers on your house</a> are probably in need of an update. Be sure to pick a nice sans-serif font and try to pick a finish that matches the other exterior hardware.
8B. UPGRADE YOUR MAILBOX
Whether your <a href="https://www.pinterest.com/explore/mailbox-ideas/?lp=true" target="_blank" rel="noopener noreferrer nofollow">mailbox</a> is attached to the house or hanging in the front yard a new mailbox can add to your curb appeal. The mailbox should compliment the home and add character.
Make sure that along with buying a new box you paint the post to match, or consider trimming it in the same accent stones you used for the house.
9. REPAIR OR UPDATE YOUR EXTERIOR HOUSE LIGHTS
If you have taken the time to update the hardware on your porch it may be a great time to update your porch light and other exterior lighting fixtures. There are many stylish new styles of <a href="https://www.lampsplus.com/outdoor/" target="_blank" rel="noopener noreferrer nofollow">exterior home lights</a> to choose from and they should be pretty easy to exchange.
Make sure your current house lights have matching wattage bulbs, and are clean and in good working condition.
10A. COVER UP DEAD SPOTS
In the Pacific Northwest we often suffer with too much shade, too much moss, or too much water that leaves us with bald spots in our lawn.
You can try to <a href="https://www.homedepot.com/c/ai/how-to-fix-dead-grass/9ba683603be9fa5395fab9097e3e6dc" target="_blank" rel="noopener noreferrer nofollow">repair the dead lawn</a>, lay some sod, or consider turning the area into a raised bed and plant some shrubs and flowers.
Consider planting flowers and laying beauty bark down at the base of trees. For a dramatic effect add some edging around tree bases with pavers, bricks or stone. Making sure to stay consistent with other lawn decorations.
10B. RENEW PLANTER BEDS
Get those garden beds back into peak spring condition.
Pull dead or unhealthy shrubs, trim the healthy growth, pull the weeds, replace the dead shrubs and flowers, and a layer of beauty bark.
Depending on your budget and schedule you may want to take this time to border your beds with <a href="https://www.pinterest.com/explore/landscape-edging-stone/?lp=true" target="_blank" rel="noopener noreferrer nofollow">stone edging</a> for a dramatic visual effect and easier mowing.
11. CUT BACK TREES AND BRUSHES
You might have some amazing curb appeal but it will not matter if no one can see it past your overgrown trees and bushes. Having overgrown trees and bushes can choke off the life of your other garden vegetation, and cuts off the light and can leave a house looking dark and unwelcoming.
If trees and bushes grow up against the house it can create damage to the house, and give pests a bridge inside your home
12A. SPRUCE UP THE ENTRY WAY
Make sure there is no clutter on the porch and every thing is clean. Buy a new entry way mat, and add a couple of flower pots.
We have talked about the door, hardware, house numbers, patio, railings, etc. But you can really get the front door to pop with a little molding around the edges in your accent color.
12B. RENEW PORCHES AND DECKS
Pressure wash everything. Check your decks and porches for any rotted wood and make sure that none of the wood is touching the ground. Ensure that the railing is well attached and secure. Make any <a href="https://www.diynetwork.com/how-to/skills-and-know-how/carpentry-and-woodworking/fix-your-deck" target="_blank" rel="noopener noreferrer nofollow">repairs to the deck</a> that is needed to ensure that it is safe.
If the stain or sealant is peeling or chipping you may need to add a new layer, or possibly take this time to paint the deck a contrasting color to add more effect.
<img src="https://www.themadronagroup.com/wp-content/uploads/2020/02/DJI_0194_7_8-scaled-e1581538084406.jpg" width="800" height="581" alt="How to add curb appeal to a house" title="If you think you can’t make improvements to your home’s exterior because of a tight budget, don’t be discouraged. Buyers pay attention to even the smallest of details. This is why simple tasks such as decluttering your yard, hiding the trash cans and other eyesores, updating your mailbox, or repainting the fence, could make a huge impact on your home’s curb appeal.\n\nHOW TO ADD CURB APPEAL CONCLUSION" data-lazy-src="https://www.themadronagroup.com/wp-content/uploads/2020/02/DJI_0194_7_8-scaled-e1581538084406.jpg" data-ll-status="loaded" class="entered lazyloaded" />
HOW TO ADD CURB APPEAL BONUS TIPS
13. UPGRADE RAILINGS
Whether you decide, or need, to update your walkway and patio it may be a good idea to upgrade those black iron railings.
There are so many options for <a href="https://www.homedepot.com/b/Lumber-Composites-Decking-Deck-Railings/N-5yc1vZc5i7" target="_blank" rel="noopener noreferrer nofollow">patio railings</a> today, just make sure the color, scale, design, and materials match the rest of the homes exterior features.
If you decide to not replace your railings be sure that they are securely fastened, check for rust or rot, and consider adding a fresh coat of paint.
14. INSTALL WINDOW BOXES
<a href="https://www.windowbox.com/" target="_blank" rel="noopener noreferrer nofollow">Window boxes</a> are relatively inexpensive, and you might find that the soil and flowers are more expensive than the boxes.
Installing boxes under your windows give you the opportunity to add accent colors and character to your home. You can simply paint wooden boxes, or choose a copper or iron box.
Make sure that you take care of the flowers to increase your curb appeal.
15. HIDE OR DRESS UP UTILITIES
You can camoflage your unsightly <a href="https://www.pinterest.com/explore/electric-box/?lp=true" target="_blank" rel="noopener noreferrer nofollow">electrical boxes</a>, <a href="https://www.pinterest.com/explore/hide-air-conditioner/?lp=true" target="_blank" rel="noopener noreferrer nofollow">A/C Units</a>, <a href="https://www.pinterest.com/explore/garden-hose-storage/?lp=true" target="_blank" rel="noopener noreferrer nofollow">garden hoses</a> and other <a href="https://www.pinterest.com/RlBoucherS/hiding-utility-boxes-in-yard/?lp=true" target="_blank" rel="noopener noreferrer nofollow">lawn utility boxes</a> with many creative ideas that you can use to accent your homes curb appeal.
16. INSTALL OUTDOOR LIGHTING
A little solar <a href="https://www.diynetwork.com/how-to/skills-and-know-how/electrical-and-wiring/22-landscape-lighting-ideas-pictures" target="_blank" rel="noopener noreferrer nofollow">landscaping lighting</a> can make a huge impact on your homes night-time curb appeal and an extra layer of security.
Use fixtures to light up a tree, the walkway, the deck or patio, or parts of the house.
17. ADD CONTAINER GARDENS
<a href="https://www.gardeningstuffs.com/container-gardening/" target="_blank" rel="noopener noreferrer nofollow">Container gardens</a> allow you to add color, texture, and life to your curb appeal quickly and without to big a hit on your budget.
You can DIY the containers on Pinterest or go buy ready-made containers from a garden center.
Arrange them in a staggered asymmetrical manner to create a dynamic feel.
18. TILE YOUR DOORSTEP
If you have a cement entry way you might consider tiling it. You can turn a boring cement patio or porch into a <a href="https://www.todayshomeowner.com/video/installing-tile-outside-on-a-concrete-porch-or-patio/" target="_blank" rel="noopener noreferrer nofollow">classy tiled entry way</a> with a little effort.
19. REMOVE A TREE
Often times removing a tree or two can do wonders for your curb appeal. If you have a tree or multiple trees with limbs that are overlapping the house, blocking off the sunlight, restricting the view of the home or are just overgrown you might consider having them removed.
Removing a tree can be very dangerous and we recommend that you use a professional arborist. If you decide to DIY and the tree is big enough to cut down make sure that you <a href="https://www.hgtv.com/design/outdoor-design/landscaping-and-hardscaping/how-to-remove-a-tree-stump" target="_blank" rel="noopener noreferrer nofollow">remove the tree stump</a>.
20. PLANT A TREE
Planting a <a href="https://www.thespruce.com/best-landscape-trees-2132852" target="_blank" rel="noopener noreferrer nofollow">tree</a> in a strategically located area might be one of the most common ways that people increase their curb appeal. If you have the space you might consider planting two trees to frame your house or entry way.
If you have never planted a tree you might want to <a href="https://www.diynetwork.com/videos/plant-a-tree-like-a-pro-65168" target="_blank" rel="noopener noreferrer nofollow">hire a pro</a>.
21. LAWN ART
Lawn art can give your curb appeal a quick pick me up. However, if you have too much it can make the lawn look cluttered and unkempt. Consider removing any lawn art that is broken or worn out, or reducing the amount if your yard is cluttered.
If you do not have any choose pieces that complement your home’s natural colors and elements.
<a href="https://www.pinterest.com/explore/yard-art/?lp=true" target="_blank" rel="noopener noreferrer nofollow">Lawn art</a> such as birdbaths, windchimes, stone sculptures, and metal cutouts are good choices for outdoor art. If you want to add a calming effect consider an <a href="https://www.wayfair.com/outdoor/sb0/outdoor-fountains-c215440.html" target="_blank" rel="noopener noreferrer nofollow">outdoor water fountain</a>.
22. INSTALL EXTERIOR WINDOW SHUTTERS OR PAINT EXISTING
Shutters add a layer of beauty and character and can be installed relatively easily. <a href="https://www.homedepot.com/b/Doors-Windows-Exterior-Shutters/N-5yc1vZarch" target="_blank" rel="noopener noreferrer nofollow">Shutters</a> can be wood, vinyl, or composite, and come in many different style to highlight your homes style.
23. CREATE A NEW FLOWER BED
If you have a giant yard of grass or just grass a tree you may want to think about adding a flower bed. Add colorful flowers and different types of shrubs to give contrast, color, and depth to the curb appeal.
You can consult your local nursery for assistance in picking a mix of plant colors, sizes, and textures for optimizing your lawn.
Depending on your budget and schedule you may want to take this time to border your beds with <a href="https://www.pinterest.com/explore/landscape-edging-stone/?lp=true" target="_blank" rel="noopener noreferrer nofollow">stone edging</a> for a dramatic visual effect and easier mowing.
24. ADD HANGING PLANTERS
The easiest way to add some pop to your curb appeal is with a few conveniently placed hanging planters. Quickly add some color, depth, and texture to your curb appea<br />l. You can go to your local nursery and pick up 4-8 <a href="https://www.amazon.com/s?k=outdoor+hanging+planters&rh=n%3A3742401&ref=nb_sb_noss" target="_blank" rel="noopener noreferrer nofollow">hanging planters</a> for around $100, add a little soil and some flowers and make sure to keep them watered.
25. APPLY STONE VENEER
Dress up exposed concrete foundations, column footings, mail box posts, or cover up old brick with stone veneer.
Stone veneer is a manufactured stone that can be easily applied over the top of surfaces. There are many types of <a href="https://www.coronado.com/StoneVeneerProducts" target="_blank" rel="noopener noreferrer nofollow">stone veneer product</a> that you can choose to create an amazing accent with your home.
26. UPDATE PAINT, SIDING AND TRIM
If your exterior paint is faded, peeling, or chipping… or just plain ugly, you should think about a full exterior paint job. Make sure that if are going to do the full job that you pick an <a href="https://www.bhg.com/decorating/color/" target="_blank" rel="noopener noreferrer nofollow">inviting paint color scheme</a>.
If you can get away with touching up a few weather-beaten areas that is great. If you take the time each spring to check for defects like, cracked or rotting material, chipping, or peeling and make the repairs as necessary you should be able to save on time and budget.
This is a great time to consider adding some contrasting trim, or shutters to bolster your curb appeal.
27. REPLACE ANY ROTTED WOOD
Sometimes just adding a coat of paint is not going to cut it. If you find real damage on your homes siding, front porch, back deck, fence or railings… you need to replace it.
28. ADD UPDATE OR REPAIR FENCING
A leaning or sagging fence line can make a house look uncared for. Make sure your fence is sturdy, clear of debris, and the gate opens and latches firmly. Consider pressure washing and re staining or painting your existing fence.
Arbors, <a href="https://www.bhg.com/home-improvement/outdoor/fences/garden-gates/" rel="nofollow noopener" target="_blank">garden gates</a>, and short sections of <a href="https://www.bhg.com/shop/patio-and-outdoor/decor/decorative-fences-a2480.html" rel="nofollow noopener" target="_blank">decorative fence</a> panels can enhance your homes curb appeal. For best effect make sure that you stain or paint this fencing to match your homes exterior.
29. PLANT FLOWERS
Whether you decide to add hanging baskets, window boxes, garden containers, add them to your garden beds, plant them along your driveway or walkway, or place containers on your porch make sure you add flowers to your yard. Flowers are one of the most budget friendly high impact tools we have for boosting the curb appeal.
You can get help at your local nursery on what are the <a href="https://www.bhg.com/gardening/flowers/" target="_blank" rel="noopener noreferrer nofollow">best flowers for your garden</a>. If you stick with perennials you won’t need to replant flowers every year.
30. ADDRESS THE GARAGE DOORS
Depending on what shape your current garage doors are in and what your budget is you can create a dramatic improvement by <a href="https://www.pinterest.com/explore/garage-door-update/?lp=true" target="_blank" rel="noopener noreferrer nofollow">updating your garage doors</a>.
If your garage doors are damaged it is probably time to replace, you may want to consider this even if they are in good working order if you have outdated garage doors. The new styles really add character and style.
You can add new life to your old garage doors by painting or staining them. Replacing the old hardware and adding new accent pieces, including trim, carriage accents, or faux windows.
31. WINDOW SCREENS
<a href="https://www.familyhandyman.com/windows/window-repair/how-to-fix-a-window-screen/view-all/" target="_blank" rel="noopener noreferrer nofollow">Repair any broken window screens</a> or replace any missing window screens.
HOW TO ADD CURB APPEAL REMINDERS
Finish any project that you started.
Once buyers come to your home and see any of your unfinished curb appeal projects, they might think that you neglected such an important home maintenance task, even if it isn't really your intention. They might even wonder what other repair tasks you’ve left unfinished.
Pay attention to how your home looks at night.
Because some potential buyers drive by houses in the evening, you have to make sure that your home is just as attractive at night as it is during the day. The right lighting can make your home look incredible in evening listing photos, and adds security and safety as well.
Put yourself in the buyer’s shoes.
Stand outside your property and look at it as if you were the potential buyer visiting for the first time. Tour around and take note of your first impression of the house and yard. Does it look clean and tidy? What’s the first thing you noticed about the property? What makes it attractive? What could be improved?
Together with your realtor, look at your home with a fresh perspective so you can work on the areas that need to be improved to entice more buyers to look at your property and submit an offer.
Even the smallest things make a big impact.
If you think you can’t make improvements to your home’s exterior because of a tight budget, don’t be discouraged. Buyers pay attention to even the smallest of details. This is why simple tasks such as decluttering your yard, hiding the trash cans and other eyesores, updating your mailbox, or repainting the fence, could make a huge impact on your home’s curb appeal.
HOW TO ADD CURB APPEAL CONCLUSION
We are not suggesting that you take on each of these tasks before you can sell your house. It is just a list of items that you can use as a guide to take a big picture look at your homes curb appeal and then make the changes that will be most beneficial to your home.
At a bare minimum we suggest that:
The landscaping be kept up, lawn mowed, weeds pulled, bushes trimmed, edged, and debris cleared.
Unpainted, chipped or peeling paint needs to be repaired
Any broken or unsightly railings, fencing, or decking should be repaired
Everything should be pressure washed
Plant some flowers around the yard and on the porch
Clean your windows
Did we miss any suggestions for how to add curb appeal? Please comment below.
Article originally published on: <a href="https://www.themadronagroup.com/how-to-add-curb-appeal-to-your-house/" target="_blank">https://www.themadronagroup.com/how-to-add-curb-appeal-to-your-house/</a>
2022-01-05T11:31:00-07:002022-01-05T11:34:24-07:00Jason Foxtag:johnlscottballard.com,2012-09-20:6209SELLING YOUR SEATTLE HOME IN OCTOBER IS A GREAT TIMEIn many cities across America, October is a <a href="https://www.homelight.com/best-time-to-sell-house/seattle-wa" target="_blank" rel="noopener noreferrer nofollow">great time</a> to sell a house<a href="https://www.homelight.com/best-time-to-sell-house/seattle-wa" rel="nofollow noopener" target="_blank">.</a> In Seattle, for example, October is one of the best time to put your house on the market if you want to sell it at the highest price.
From 2014 – 2020, Seattle homes listed in October sold for 1.16% more than the yearly average!
In 2020 the average sales price for a listing on the NWMLS in October was $576,597 compared to $525,568 in March.Infosparks NWMLS
October is a great time to list your house no matter where you are, and here’s why.
YOU COULD STAND TO MAKE MORE MONEY ON THE SALE
<a class="swp_CTT style1" href="https://twitter.com/share?text=Seattle+area+Homes+listed+for+sale+in+October+sold+for+1.16%25+higher+than+average.+%3B%23realestate+&via=themadronagroup&url=https://www.themadronagroup.com/why-october-is-a-great-time-to-sell-your-house-in-seattle/" data-link="https://twitter.com/share?text=Seattle+area+Homes+listed+for+sale+in+October+sold+for+1.16%25+higher+than+average.+%3B%23realestate+&via=themadronagroup&url=https://www.themadronagroup.com/why-october-is-a-great-time-to-sell-your-house-in-seattle/" rel="nofollow noreferrer noopener" target="_blank">Seattle area Homes listed for sale in October sold for 1.16% higher than average.CLICK TO TWEET</a>
As we mentioned above selling your home in October can bring in more cash on your home sale.
Homes listed in October sold for 1.16% higher than average. While that does not seem like much let’s take a look. The average home sales price for <a href="https://www.themadronagroup.com/snohomish-county-homes-for-sale/">homes for sale in Snohomish County</a> is currently $685,927, that would mean a $7,956 increase in cash for you.
So, if you’re even considering selling, now is definitely the time to list to make the most on your sale.
That extra money could be the difference between making an offer on a home that gets overlooked and making a competitive offer on a home that gets you the place.
YOUR HOUSE COULD FLY OFF THE MARKET
List your house in October and you could sell it lightning fast. For example, homes listed in October in Seattle from 2015 – 2020 sold on average of 16.2 days vs 18 days average for the year.
If selling fast isn’t as important to you as making big bucks on your home sale, then think about how long it takes to clean your house every week, or every other week. Not only do you have to put your things back where they belong, but you have to dust, vacuum, and scrub the house too.
Imagine that your house goes like gangbusters and your agent has to show it every day for a week. You’ll have to do your full cleaning regimen every single day. You’ll have to hide pet beds and clutter from day to day tasks and make sure the place smells good too. Your agent may ask you to leave the house at the drop of a hat and take your pups and kids with you. It’s going to be an overwhelming process with many little details that all need to come together at once.
A speedy home sale means less stress, less time you have to worry about showing your house at any moment, and more time to enjoy your new home.
That’s why a October list date could work out perfectly for you and your family.
CRISP TEMPERATURES AND BEAUTIFUL COLORS MAKE SHOWINGS EASY
October boasts the perfect weather conditions for selling in every market. Fall leaves and crisp temperatures can help with showings and listing photos.
No buyer wants to trudge through the snow (no matter how beautiful it is!) to get to a showing of your house. They also won’t be happy if it’s 105˚ outside and they sweat through their clothes in the time it takes the agent to open the front door. October offers neutral weather most of the time: a nice breeze, moderate temperatures, and no need for heavy air conditioning or heavy jackets.
Fall listing photos will feature gorgeous Fall foliage. The orange, yellow, and red of nearby trees will add pops of vibrance to all of your exterior listing photos. That little burst of color can go a long way in complementing your house and making the entrance feel more like home. Which is another reason why October is a great time to sell.
THERE’S NO PLACE LIKE HOME FOR THE HOLIDAYS
A October list date can get prospective buyers in your house just in time for the Holidays. Most buyers prefer to settle into a house either before or after the Holiday season, not during. October offers just the right amount of time to entertain offers and close escrow before Thanksgiving.
Buyers will also be able to show off their new house to family and friends during holiday dinners and celebrations. What better time could there be for a holiday-themed housewarming party!
SELLING IN OCTOBER MEANS LESS COMPETITION
Historically it’s been a well-known fact that real estate agents believe the Spring is the best time to sell a house. Many homeowners still fall prey to this idea without researching the best time to sell a house in their specific area, which may vary wildly from the Spring.
If you list your house in October there’s a good chance that there won’t be nearly as many homes for sale at that time. That gives you a bigger pool of buyers who are interested in purchasing your home. You’ll have to worry less about making your home look better than the one for sale down the street and instead focus on upgrades to make your house look its best.
INCREASE YOUR ABILITY TO SELL YOUR HOUSE FOR MORE MONEY
Even though October is a great time to sell, there’s still more you can do as a homeowner to help move your home off the market. If you want to increase your odds of selling fast and for a higher price, there are tons of <a href="https://www.homelight.com/blog/real-estate-social-media-tips/" rel="nofollow noopener" target="_blank">real estate social media tips</a> that can help.
Be your agent’s right hand when it comes to marketing your house. Write a letter about what you love about the property so the agent can share it with prospective buyers. Share your listing photos on social media and spread the word to your friends and family. Post your listing on Nextdoor in case anyone in your immediate neighborhood has been looking to make a move.
Don’t forget to get started early on <a href="https://www.themadronagroup.com/how-to-add-curb-appeal-to-your-pacific-northwest-home/">improving your homes curb appeal</a>. There are a ton of things you can do over the next month or so to add value to your home.
There’s plenty you can do to make sure that October’s not just a great month to sell in the <a href="https://www.themadronagroup.com/seattle-real-estate/">Seattle area</a>, but a great month to sell for you!
Originally Posted On: <a href="https://www.themadronagroup.com/why-october-is-a-great-time-to-sell-your-house-in-seattle/">https://www.themadronagroup.com/why-october-is-a-great-time-to-sell-your-house-in-seattle/</a>2021-10-19T17:10:00-07:002021-10-19T17:13:40-07:00Jason Foxtag:johnlscottballard.com,2012-09-20:5376The Ultimate Sellers Market This Spring of 2021Have you heard the news? We are in the middle of the Ultimate Sellers Market in Seattle.
We have seen Home Equity increase right in front of our eyes.
Despite all that the world has thrown at us the last year or so people want to buy a house. When I say people, it feels like everybody.
And not as many people want to sell a house.
If you were thinking about selling your house to maximize your home equity there has never been a better time.
I know, I know I am a sales person and you may think it is my job to tell you that it is a good time to sell. That is not this. This is a Sellers Market.
Now is a great time to find out exactly what your home is worth on the open market. Let Joe tell you about it in this quick video:
Are you interested in scheduling a Zoom call to discus your homes new value? <a href="https://www.themadronagroup.com/contact-us/" class="rank-math-link">Contact Us Here</a>
WHAT IS A SELLERS MARKET
At the most basic level a <a href="https://www.themadronagroup.com/what-is-a-sellers-market-real-estate-faq-with-jason-fox/" class="rank-math-link">Sellers Market</a> is when you have more demand than supply. More buyers than sellers.
In real estate language it is when you have less than 3 months of sellable Inventory. Inventory is homes for sale.
IN SNOHOMISH COUNTY WE HAVE .5 MONTHS INVENTORY:
<img width="640" height="480" src="https://nwmls.stats.showingtime.com/infoserv/s-v1/39Ip-9c2?w=640&h=480" alt="39Ip 9c2?w=640&h=480 Have you heard the news? We are in the middle of the Ultimate Sellers Market in Seattle." title="Why Spring 2021 is The Ultimate Sellers Market in Seattle 5" />
IN SEATTLE WE HAVE .7 MONTHS INVENTORY:
<img width="640" height="480" src="https://nwmls.stats.showingtime.com/infoserv/s-v1/39vR-sjV?w=640&h=480" alt="39vR sjV?w=640&h=480 Have you heard the news? We are in the middle of the Ultimate Sellers Market in Seattle." title="Why Spring 2021 is The Ultimate Sellers Market in Seattle 6" />
WHAT IS A SELLERS MARKET VIDEO:
Furthermore the NWMLS announced that in 42 years of recording inventory levels we are in the lowest level ever recorded (March 2021).
Convinced that we are in The Ultimate Sellers Market in Seattle?
HOME EQITY GAINS
Not only is it true that we are in The Ultimate Sellers Market in Seattle but we have been in a sellers market for a long time.
AVERAGE SALES PRICE FOR A PROPERTY IN SNOHOMISH COUNTY:
<img width="640" height="480" src="https://nwmls.stats.showingtime.com/infoserv/s-v1/394i-hFj?w=640&h=480" alt="394i hFj?w=640&h=480 Have you heard the news? We are in the middle of the Ultimate Sellers Market in Seattle." title="Why Spring 2021 is The Ultimate Sellers Market in Seattle 7" />
As you can see from February of 2016 to February of 2021 the average sales price for a property in <a href="https://www.themadronagroup.com/snohomish-county-real-estate-guide/" class="rank-math-link">Snohomish County</a> has gone from $354,834 to $612,103. Steadily and consistently climbing for 5 years.
As you can see from this Infographic from <a aria-label="Keeping Current Matters (opens in a new tab)" href="https://www.keepingcurrentmatters.com/2021/03/19/americans-see-major-home-equity-gains-infographic/" target="_blank" rel="noreferrer noopener" class="rank-math-link">Keeping Current Matters</a> the average home owner in WA state gained $47K in home equity in 2020. And 2021 has started off even better than 2020.
<img src="https://files.keepingcurrentmatters.com/wp-content/uploads/2021/03/18145716/20210319-NM.png" alt="20210319 NM Have you heard the news? We are in the middle of the Ultimate Sellers Market in Seattle." title="Why Spring 2021 is The Ultimate Sellers Market in Seattle 8" />
I think the obvious next question is, “How long can this last?”
HOW CAN YOU TAKE ADVANTAGE OF THIS?
There are many options when it comes to moving and it really depends on if you are considering moving up, moving down, renting, or <a href="https://www.themadronagroup.com/relocating-from-seattle-to-snohomish-county/" class="rank-math-link">relocating</a>.
The first thing you should do is get ahold of a real estate team that you trust to give you a current home valuation based on comparables of the current real estate market. Pro Tip – This does not mean a Zestimate.
Once you know how much equity you have to work with than you can formulate a plan on how to utulize it to meet your goal.
Whether that means buying first, waiting to buy once your house sells using rentbacks, getting a bridge loan, finding a rental or getting set up with a trusted relocation agent in the area you are moving to.
IF YOU DECIDE TO SELL
Don’t just hire your cousin or your aunt, make sure that you hire a Professional. A google search of their business name ought to give you a pretty good idea of how much business they do and what their clients think of their work.
Google: The Madrona Group
A professional will have a <a href="https://www.themadronagroup.com/how-to-sell-your-home/" class="rank-math-link">Selling a Home Marketing Strategy</a> that they can share with you that will maximize the value and get every penny of home equity that you are do.
Here are a list of must haves for your sale:
Staging
Cleaning
Professional Photoshoot
3D Virtual Tour
Video Tour
Digital Marketing Strategy
Mail Marketing Strategy
Email Marketing Strategy
Social Media Marketing Strategy
A Fierce Negotiator On Your Side
According to the National Association of Realtors, <a rel="noreferrer noopener" href="https://twitter.com/intent/tweet?url=http%3A%2F%2Fwww.forbes.com%2Fsites%2Fvanessamcgrady%2F2015%2F11%2F04%2Fstaging%2F&text=For%20every%20%24100%20invested%20in%20staging%2C%20the%20potential%20return%20is%20%24400.%20%23realestate%20%23personalfinance" target="_blank">for every $100 invested in staging, the potential return is $400</a>
<a href="https://www.forbes.com/sites/vanessamcgrady/2015/11/04/staging/?sh=1effd70850c9" target="_blank" aria-label="Forbes.com (opens in a new tab)" rel="noreferrer noopener" class="rank-math-link">Forbes.com</a>
Are you interested in scheduling a Zoom call to discus your homes new value? <a href="https://www.themadronagroup.com/contact-us/">Contact Us Here</a>
THE ULTIMATE SELLERS MARKET IN SEATTLE SUMMARY
We have been at record low inventory levels in <a href="https://www.themadronagroup.com/snohomish-county-real-estate-market-analysis/" class="rank-math-link">Snohomish County</a> and <a href="https://www.themadronagroup.com/king-county-real-estate-market-analysis/" class="rank-math-link">Seattle</a> for multiple months now and are in what we call a Frenzied Sellers Market.
Home owners have seen a huge increase in Home Equity of the last year and change.
Don’t think because it is a Sellers market that you can slouch when it comes to presentation and marketing. It is even more important to put forth the best product possible to reap the rewards of this market.
Hire a professional team to ensure that your home is positioned in the very best possible light to take advantage of this unique time.
Originally Posted On: <a href="https://www.themadronagroup.com/why-spring-2021-is-the-ultimate-sellers-market-in-seattle/">https://www.themadronagroup.com/why-spring-2021-is-the-ultimate-sellers-market-in-seattle/</a>
2021-03-31T12:28:00-07:002021-03-31T12:31:37-07:00Jason Foxtag:johnlscottballard.com,2012-09-20:4836Why You Should Consider Selling in the Winter<img src="https://assets.site-static.com/userfiles/2905/image/selling-in-the-winter-attracts-serious-buyers.jpg" alt="Selling In Winter Attracts Serious Buyers" title="Selling In Winter Attracts Serious Buyers" height="410" width="750" />
The season you sell your home can have an impact on how much you get for your home and how quickly it sells. The season that has the most success in selling homes is spring. This is a good time of year for families moving to new school districts and is also more convenient weather for moving. Because of this trend, most people will recommend waiting to list your home until after the winter is over. Avoiding the winter is a huge misconception in the housing industry and can cause homeowners to miss out on opportunities.
Selling in the winter can give you a few advantages. There will be fewer houses on the market since most people assume winter is a bad time to sell. This gives your home more attention. Potential buyers are always looking no matter the time of year. Keeping your house on the market in the winter might bring the right buyer to your door. Real estate agents also tend to be less busy during these months and commit more time to getting your home sold.
Studies have shown winter buyers are buying because they need to move right away either for a relocation or personal situation. They will want to close quickly and allow for a much smoother sale.
Bottom Line
If you need to sell your home right away, or have some time but want to see what is out there, consider listing in the winter. Most homeowners who are going to sell will list their home in the spring, making for a competitive market. The winter allows buyers who are in a hurry to move consider your home and sell for more money than you would have in the spring.2021-02-04T13:43:00-07:002021-02-04T13:47:58-07:00Jason Fox