Sell Your Home in the Winter

Sell Your Home in the Winter

Sellers Wanted! Three Reasons Why Winter is A Great Time to List Your Home

While the weather out there is screaming WINTER, the market says SPRING!
With the holidays behind us, it’s time to get serious about listing your home. There’s no need to wait for warmer weather; getting your home on the market first can also mean getting it sold FIRST. 

Top 3 reasons to list NOW:

1. Buyers are hunting, and less inventory means MORE attention for your listing.

You’ve heard of the theory of supply and demand. With fewer choices on the market, there’s a greater possibility buyers will be giving your home a look (or a second, maybe even a third). Is it a great fit? Let’s hope. If it’s not, they’re more likely to consider making adjustments rather than waiting for the perfect house to come along. Winter-time lookers tend to be more serious. Give them something to look AT (and never end a sentence with a preposition).

2. Lower inventory can also lead to HIGHER SALES PRICES!

“I want to sell my house for a lower amount.” (said no one ever). Put your house on the market now and you’re more likely to get full to above market value. Why? One word: competition. You don’t have as much. With fewer houses on the market, potential buyers have fewer options to compare and are less likely to negotiate aggressively.

3. Less business can lead to a SMOOTH TRANSACTION.

Everyone gets busy during the spring and delays can be a huge frustration for both buyers and sellers. With fewer transactions occurring during the winter months, lenders, appraisers and inspectors have more time to focus on your property. Bypass those long lines. Get your house on the market early and put your listing in the express lane.

Bottom line:

If you’re ready to sell, there’s never a bad time to list your home, but don’t procrastinate (keep that New Year’s resolution). The buyers are ready and waiting. Let your house be the “new listing” getting everyone’s attention and let us show you how to do it.

Making the decision to sell your home can be overwhelming. Brandi Schildmeyer, at Build Collective, Coldwell Banker Realty, can help you understand the process and make sure you get the most for your home in the shortest amount of time.

7 Things You Should Know Before Renovating Your Home

7 Things You Should Know Before Renovating Your Home

Are You Ready for A Big Project?  

So you’ve decided (along with many, many others in 2020) to renovate your home!  As someone who spent the last three months going through the renovation process, I thought I would share what I’ve learned to help better prepare you for the journey ahead and hopefully leave you thinking, “I’m so glad I was ready for that!”

  1. It will always take more TIME and more MONEY that you planned. I have never heard of a project coming in under budget or being completed in half the time you were told. Unexpected issues come up. Contractors fall behind. Supplies get back ordered. Things happen and you have to be ready to go with the flow. If you have realistic expectations from the beginning, the inevitable delays will be a little easier to swallow.
  2. You need to be available at all times. Probably the biggest advantage of doing a renovation during COVID has been that my husband is working from home. That means he’s always available to sign for deliveries, talk to contractors and check on progress. If you have the type of job that doesn’t give you that kind of flexibility, or you aren’t able to “run home,” a big renovation might not be for you.
  3. You think you’ve thought of it all, but you haven’t. We spent hours designing the kitchen, planning the space and looking at colors and selections. However, once the work started, we realized there were a number of things we had given no thought at all. Did we want the toilet to go on the left side or right side of the bathroom? What kind of closet doors did we want? Where should the lighting go? Again, being available to make last minute decisions is imperative.
  4. If you aren’t a decorator, hire one. Renovations are expensive and there are a lot of beautiful choices. Don’t waste money changing paint colors later or being unhappy with something you picked out. There are many talented decorators available to pay by the hour, and for just a few hours investment, they can’t make sure your paint, floors, cabinets, countertops and fixtures all work beautifully together in your home.
  5. Hire a professional for the big projects. Weekend handymen are great, but most projects take more than a weekend. Hire a reputable contractor for the big stuff; electric, plumbing and wiring should only be done by professionals. These types of mistakes are too costly to mess around with.
  6. Be prepared to live in the dust. You are in the middle of a construction site. Truly. The dust never ends, the noise is loud and constant and new people are walking in and out of your home at all times. Try to get out of the way and live in a part of the house that won’t be near the construction. 
  7. If you think you can DIY, know the consequences. I get it. We’ve all watched the shows and thought, “If they can do it, so can I.” The reality is, there is no behind the scenes team at your house tearing out walls and putting up shiplap. Renovations require accurate measurements, correct cuts and considerable time. If you have a project in mind and want to give it a shot, go for it. In my experience, getting it done faster and with fewer mishaps is worth a few calls to contractors.

I hope this helps you understand the good, the bad and the ugly of home renovation. With a lot of time and patience, you can and WILL get the home you’ve always dreamed of! 

Hey Buyers! Here’s How to Be the Winning Offer in a Competitive Market


The housing market is hot, and while that may be great news for those listing their homes, for buyers, the frustration is real. Week after week, house after house, they’ve grown accustomed to the phrase…”we’re now in multiple offers.” A great looking, well-cared-for and most importantly, well-priced house, is creating quite the frenzy for those out searching for their next home in this low inventory seller’s market.

When demand outweighs supply, there are a few things you can do to get ahead in this competitive market:

  1. FIND A WELL QUALIFIED BUYER’S AGENT:  Along with obtaining a strong financing pre-approval, this is the first step in getting closer to the home of your dreams. Ideally, you want an agent who has dealt with multiple offer situations before and knows several strategies to help you win. Overall, it can come down to what you’re willing to pay. As a buyer’s agent, I would never encourage a client to overpay for a home, but I can offer advice to help get you to the “right” price.

  2. MAKE A STRONG INITIAL OFFER:   Yes, we’re starting with the $$$. In most cases, this is what it comes down to. Sellers usually want the best possible price they can get for their home. Still, it doesn’t mean the highest offer will always be the winning offer. Along with the purchase price written in the contract, you can also consider asking your agent to include an escalation. This is an addendum to the contract stating that you will pay a set amount over the highest written offer up to the limit you set.

  3. HAVE YOUR AGENT ASK ABOUT THE SELLER’S NEEDS:  Is there an occupancy time that would work best for them? Do they need a quick close? Ultimately, the offer that best fits the needs of the seller is the offer that will win.

  4. CONSIDER WAIVING CONTINGENCIES OR KEEP TIME FRAMES SHORT: While I can’t recommend skipping an inspection, some buyers are waiving the inspection as a contingency and accepting the house “as is.” The same goes for the appraisal. There is a concern when a house sells far over listing price that might not appraise. In a multiple offer situation, the buyer could offer to pay the difference between the appraisal value and the purchase price should the appraisal come in lower.If you don’t want to waive the contingencies all together, it can be a good idea to keep the inspection and settlement period as short as reasonably possible

  5. DON’T ASK FOR EXTRAS: A multiple offer situation is not the time to throw in a lot of extras like closing costs, a home warranty or appliances or furniture. It’s best to keep the contract as clean as possible.

  6. GET A PLUG FROM YOUR LENDER:  Have your mortgage person CALL the agent to tell them how well qualified you are. Even if they just leave a message it can help.

  7. GIVE IT YOUR BEST EFFORT:  As mentioned before, having a strong pre-approval to back your offer can help the seller feel much more confident in your ability to purchase their home. You can also add to the amount of earnest money you would normally offer to show a strong interest and commitment to following through with your offer. If possible, consider a cash offer. While cash isn’t always king, it does make for a very compelling offer and a streamlined purchase process that can be hard to top.

  8. STAY CALM:  It can be easier said than done, but the best advice I can give to my clients is to present the strongest offer they can to help get the house they want at a reasonable price that falls within their budget. While it can be difficult to remaIN unemotional about these decisions, you have to keep it in perspective. Offering more than you’re comfortable with paying or forgoing important contingencies can lead to regret down the road.

 

Build Collective is Here to Help Home Buyers Every Step of the Process

CONTACT US TO MEET WITH A HOME BUYING EXPERT

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The Ten Minute Tidy

See How to Have Your Home Show Ready… In 10 Minutes!

When you are selling your home, one of the hardest things is to have your home ready to show at a moments notice. Sound overwhelming?  Build Collective is here to help! We break down what we call “THE TEN MINUTE TIDY.”  In our video, Brandi explains how you can tidy up your home in just 10 minutes and have it sparkling for the buyers to tour.

We break down the most important items to focus on so you leave the best impression possible to all potential buyers! Taking care of clutter, weird smells and bright light goes a long way.

And these tips don’t have to just apply to Home Sellers. Use our Ten Minute Tidy for a quick clean up during the week, before the neighbors stop over for happy hour or even when your in-laws come by unannounced!!

Build Collective is Here to Help Home Sellers Every Step of the Selling Process

 

Want more tips on selling your home?  Reach out to us today… we are full of great ideas!

CONTACT US TO MEET WITH A HOME SELLING EXPERT

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Montgomery Market Minute May 2020

Montgomery Market Minute May 2020

Market Update – Montgomery Real Estate for May 2020 

We may have had to wait a little longer this year, but the Hot Spring Real Estate Market has definitely arrived! Interest rates are low, buyers are out in droves, and sellers are in short supply. Mike and Brandi give an update on selling and buying real estate in Montgomery for May 2020. Listen to hear about featured listings, average sales price and days on market in Montgomery. If you are thinking about buying or selling a home, listen to our update to be prepared for what you will find in the market.

As the top real estate team in Montgomery, Ohio, we are committed to keeping you well informed so you can always make the best decisions for you and your family.

 

 

Call Us With Questions 

Have more questions?  Need to sell or buy a home soon but don’t know where to start during these ever changing times?  Please reach out to us!  Brandi Schildmeyer is available to chat or email at anytime…. 513.675.6816 or [email protected]