Category Archives: Home Sellers

Want Top Dollar for Your Home? Hire a Real Estate Pro

Why Hire a Real Estate Pro?

A quick Google search is all it takes to discover hundreds of new recipes, do-it-yourself projects, and tips about how to stage your home. With so much information available online, especially about the home selling process, many homeowners start to wonder whether it’s faster and more cost-efficient to sell their own homes rather than hiring a real estate agent to do it for them. (Spoiler alert: It’s not.)

Sold sign in front of single-family houseMaybe you’re just now thinking about selling your home. All those HGTV shows and helpful articles make it look so easy — how hard could it be to sell your home yourself? Or maybe you’re already elbows deep into selling For Sale By Owner and are thinking, this isn’t so bad.

A helpful tip when considering whether to skip right over hiring an agent: Just because you can do something yourself doesn’t mean that you should, especially when it comes to selling a home.

So what makes a real estate agent so invaluable?

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Should You Hire a Professional or DIY on Those Home Repairs?

equipment for a do-it-yourself home repairsTo DIY or not to DIY? That’s the question on many homeowners’ minds when there are home repairs or home improvement projects on their to-do lists. The good news is that you can do plenty of things on your own. But for other projects, you’re better off hiring a licensed contractor, plumber, or electrician to do the work for you.

When undertaking a home improvement project, whether you’re buying or selling a home, you want to strike a balance between saving time by hiring a professional and saving money by doing it yourself. So here’s how to know when to hire a professional and when to go DIY.

Replacing Hardware — Do It Yourself

Need an upgrade from tarnished doorknobs, outdated cabinet pulls, or boring light switches? Pick up new hardware from a local home improvement store and go for it. Replacing hardware is a fairly simple fix that any homeowner can do on their own.

roofer's tool belt on top of a houseReplacing Roof Shingles — Hire a Professional

Unless you have significant roofing experience (and aren’t afraid of heights), you’re better off leaving this job to the professionals. Contractors can repair your roof in significantly less time — and save you risk of injury. Be sure to get a few quotes to ensure the best price. Continue reading

Thinking of Selling Your Home? You Should Act Now!

Now is the Time to Sell Your Home!

Thinking of Selling Your Home? Hit the Gas before the Sun Sets!

If you’ve thought about selling your home this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market.

Lawrence Yun, Chief Economist at the National Association of Realtors, recently commented:

“Buyer interest is solid, but there is just not enough supply to satisfy demand. Prospective buyers are being sidelined by both limited choices and home prices that are climbing too fast.”

Yun goes on to say:

“Current demand levels indicate sales should be stronger, but it’s clear some would-be buyers are having to delay or postpone their home search because low supply is leading to worsening affordability conditions.”

Selling Your Home

In this type of market, a seller may hold a major negotiating advantage when it comes to price and other aspects of the real estate transaction, including the inspection, appraisal and financing contingencies. We see this every day.

Bottom Line

As a potential seller, you are in the driver’s seat right now. It might be time to hit the gas while it remains a seller’s market. Want to know what your home is worth or are you ready to list? Contact the real estate specialists with The Bouma Group at 734-761-3060 or email info@bouma.com and we’d be happy to talk to you about it!

Tips for a Stress-Free Move with Your Pet

boxes and household items in moving boxes

Make Your Move Stress-Free for Your Pet

You’ve just bought a new home, and Fluffy and Fido are starting to worry about all the moving boxes going into the truck outside. Pets can easily become stressed during a move, which might cause them to lose their fur, become aggressive, or even run away.

Luckily, there are a few things that you can do to reduce your pet’s anxiety before, during, and after your move. Read these tips to make your move stress-free for your pet.

Plan Ahead and In Detail

Many people consider their pets as part of the family, so it’s only natural to be concerned for their comfort and safety during a move. Meticulous planning well in advance of moving day is the best way to ensure your pet is as comfortable as possible with moving to a new home. Continue reading

5 Reasons Why You Should Not Sell For Sale By Owner!

 Is For Sale by Owner Right for You?

Frustrated For Sale by Owner Listing Home

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.

Here are the top five reasons:

1. Exposure to Prospective Buyers 

Recent studies have shown that 94% of buyers search online for a home. That is in comparison to only 16% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you?

2. Results Come from the Internet

Where did buyers find the homes they actually purchased?

  • 51% on the internet
  • 34% from a Real Estate Agent
  • 8% from a yard sign
  • 1% from newspapers

The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial.

3. There Are Too Many People to Negotiate With 

Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale by Owner:

  • The buyer who wants the best deal possible
  • The buyer’s agent who solely represents the best interest of the buyer
  • The buyer’s attorney (in some parts of the country)
  • The home inspection companies, which work for the buyer and will almost always find some problems with the house
  • The appraiser if there is a question of value

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3 Home Selling Prep Essentials

3 Home Selling Prep Essentials

You’ve got to start somewhere when preparing your home to sell, but it’s not where you would think. Before jumping right into cleaning, decluttering, staging, and marketing, take some time to review. Having a solid understanding of the real estate market and the home selling process is essential for a smooth and stress-free sale. So let’s get to it.

1. Know What’s Happening in the Real Estate Market

aerial view of residential community home selling

Are homes in your community flying off the market in just a couple of days? Are properties selling over asking price again and again? What have homes like yours recently sold for? Knowing about current market conditions will give you an idea of how quickly your home is likely to sell, as well as how high a price you’re likely to receive. Ask us for a Neighborhood Sales Report for an inside look at market activity!

2. Find Out How Much Your Home is Worth

You’ve probably asked yourself “what’s my home worth?” a dozen times over the past few years. Now’s your chance to learn the answer!

When we’re determining how much homes are worth, we don’t just pull a number out of thin air. Home buyers are the ones who determine what properties are worth, so we take a look at current market activity (which you’ve already done!) to see how much buyers are willing to pay for homes like yours. At the end of all of our research, we have a detailed report of what your home is worth, which in the real estate industry is called a “comparative market analysis.” Call us and we’ll provide one for your home!

3. Wait Before Making Drastic Home Improvements

highly upgraded kitchenBefore you decide to shell out thousands of dollars to completely gut your kitchen and bathrooms, talk with a real estate agent who’s familiar with your community and what buyers are looking for in a home like yours. You may be surprised to learn that your potential buyers don’t want top-of-the-line appliances, quartz countertops, under-cabinet lighting, or any of those “must-haves” that you see on HGTV.

Save yourself the time, money, and headaches and talk with us. We can tell you which home improvements are worth the money and which ones aren’t.

Bonus Tip: Find the Right Real Estate Agent

The best way to save time, money, and unnecessary headaches? Work with a professional. The best real estate agent takes the time to understand your goals, provides you with the resources you need, and tells what to expect when selling your home. Plus, your real estate agent will be there to answer any questions you have at any time in the process.

We’d be happy to talk with you about your home selling plans. Call us at The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com today!

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Are Home Prices Approaching Bubble Territory?

Are Home Prices Approaching Bubble Territory?

Are Home Prices Approaching Bubble Territory? | Simplifying The Market

As home prices continue to rise, some are questioning whether we are approaching another housing bubble. Zillow just reported that:

National home values have surpassed the peak hit during the housing bubble and are at their highest value in more than a decade.”

Though that statement is correct, we must realize that just catching up to prices of a decade ago does not mean we are at bubble numbers. Here is a graph of median prices as reported by the National Association of Realtors (NAR).

Are Home Prices Approaching Bubble Territory? | Simplifying The Market

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What’s Hot in Home Design This Summer

Hot Summer Home Design Tips!

Bright sunshine, warmer days, and a ton of new trends come with the change in season, and this summer certainly won’t disappoint. In the real estate world, these new trends revolve around the latest and greatest in wall colors and decorations, space savers, and creative living arrangements. We have our eye on a few interesting home design ideas and hot home features that we think you’re going to love!

laptop sitting on marble countertop

Marble: A Sophisticated Look for Summer

Whether natural or imitation, marble is one of the top home décor trends for summer 2017. Designers are incorporating this luxe look into bathrooms and kitchens as expected, but they’re also taking it to everything from flower vases to side tables. Continue reading

These 6 Simple Tricks Make Moving Surprisingly Effortless

two people packing cardboard boxesLet’s face it, moving to a new home is no picnic. Moving day will be here before you know it, and you feel like there’s no way on Earth you can sort through all of your belongings and pack your entire life into a moving truck in time.

We know how stressful a move from one home to another can be, so we wanted to share a few helpful moving tips to make it a much easier experience.

Create a To-Do List and Pin It to Your Wall

You probably won’t remember everything you have to do in the chaos of researching moving companies, calling your insurance provider, and closing on your new home. So before you start the bulk of cleaning and decluttering, take a few minutes to compile a detailed list of the tasks you will need to complete, no matter how small. These tasks can include:

  • transferring your homeowners insurance to your new address
  • compiling a list of your emergency contacts
  • labeling your moving boxes
  • fixing a squeaky door hinge
  • meeting with friends for coffee before you leave

If it helps you stay organized, categorize your tasks by room, deadline, or importance. As you’re completing all your to-dos, make sure you check them off your list as you go. It will help you see how far you’re come in accomplishing such a gargantuan goal. Continue reading

When It Comes to Home Staging, Start Small

Home Staging to Attract More Buyers

The secret to selling your home for more money in less time is all in how you present it. Your home should look so beautiful—both online and in person—that home buyers can’t help but fall in love at first sight. The best way to create that wonderful first impression? Start small and focus on the details. Here are a few simple home staging tips that can have a significant impact on your home sale.

Start with Your Entryway

front door of a homeBuyers decide whether a home is worth a visit based on how it looks in listing photos. You can impress them in seconds by paying special attention to the area around your front door. Make sure your entryway is well lit, free of clutter, and looks inviting. Feel free to ask for a second opinion from a friend, neighbor, or even your real estate agent!

When it’s time for showings, don’t let a squeaky front door ruin a buyer’s first impression of your home. Spray WD-40 on creaky hinges, tighten any screws that are loose, and take care of any other issues well before the first home buyer steps over the threshold.

Move On to the Kitchen

Kitchens and bathrooms sell homes, as the saying goes. Follow these tips to enhance your kitchen’s appeal:

  • Replace old knobs and handles with stylish new hardware to give your kitchen an updated look.
  • Decorate your counters with bowls of fruit or potted plants to create an artsy pop of color.
  • Store unnecessary appliances and clutter out of sight.
  • Replace any light bulbs that have burned out.
  • Prior to showings, bake cookies to make your kitchen smell like home.

Focus on the Bathrooms

bathroom that is clean and clutter-freeNothing makes a better first impression than a squeaky-clean bathroom. Wipe down all surfaces including the inside of your toilet, eliminate any surface mold and grime from the bathtub or shower, and lay out a stack of carefully positioned hand towels as a finishing touch.

Make Your Windows Sparkle

Clean your windows inside and out, and replace any screens if necessary. Since it’s a smart idea to open your windows and let the natural light in, you can impress potential buyers with how well you have maintained your home.

Want More Home Staging or Home Selling Tips?

When you focus on these small home staging tips, it will be easy to attract home buyers to your front door and impress them with the details. If you would like additional home staging and cleaning tips, or if you’re considering selling your home and want to know what it’s worth, contact us at The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com. We are happy to help!

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