Jill Kelly - Coldwell Banker Residential Brokerage - Westwood



Posted by Jill Kelly on 8/15/2017

For home sellers, it is essential to dedicate the necessary time and resources to streamline the process of adding your property to the real estate market. In addition, you should prepare for any challenges that you may encounter after your home is listed. By doing so, you can avoid many costly mistakes.

Ultimately, there are numerous costly mistakes that may prevent a home seller from optimizing the value of his or her residence, including:

1. Underestimating Your Closing Costs

Closing costs may put a major dent in how much you obtain for your house. Fortunately, you can calculate your closing costs before you sell your home.

Consider all of the expenses that may be included in your closing costs. From attorney and other professional fees to excise tax expenses, you'll want to account for any and all costs that may impact how much you'll earn for your house.

Also, if you ever have concerns or questions about closing costs, be sure to consult with a real estate agent. This housing market professional can explain how closing costs work and help you plan accordingly.

2. Guessing Your Home's Price

What you paid for your home several years ago is unlikely to be what the same as what your house is worth today. Thankfully, you can meet with a home appraiser to determine the true value of your property.

A home appraisal offers a great first step to determining the right price for your home. Meanwhile, a home appraiser may be able to help you identify home problems that you can correct prior to adding your home to the real estate market.

Furthermore, don't forget to check out the prices of comparable homes that are available in your area. This will provide you with the housing market data that you need you to price your home competitively from the get-go, boosting your chances for a quick home sale.

3. Letting Your Emotions Get in the Way

Let's face it Ė listing your home can be stressful, particularly for a first-time home seller. However, it is important to do whatever you can to prevent your emotions from getting in the way of selling your home.

Setting realistic home selling expectations may enable you to remain calm, cool and collected after you list your property. Luckily, real estate agents are available to guide you along the home selling journey and ensure that you are fully supported at every stage.

Your real estate agent will offer expert tips and recommendations, allowing you to understand the ins and outs of the real estate market. He or she also will negotiate with homebuyers on your behalf, keep you up to date about offers on your residences and host open houses to promote your residence to a broad array of homebuyers. Thus, your real estate agent can help you avoid the stress and anxiety that is commonly associated with selling a home.

Avoid the aforementioned home selling mistakes, and you should have no trouble maximizing the value of your residence.




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Posted by Jill Kelly on 6/27/2017

There are several undeniable benefits to having an occasional garage sale on your property, but there's a lot more to it than just setting out a few unwanted items in your driveway and raking in the cash. If you're an entrepreneur at heart, then holding a garage sale should be second nature to you. Good organizational skills and a basic knowledge of advertising is helpful, as is the ability to do a little friendly negotiating. By adopting the mindset of a small business owner, you'll tend to be more effective in dealing with the many details of planning and running a garage sale. From putting up signage and doing advertising to handling customer relations and merchandising, knowing the basics of business marketing will definitely be to your advantage. If you've never held a yard sale before -- or if you could use a quick refresher course -- here are few helpful tips:

  1. Cost-effective advertising: While cheap classified ads can help draw a bevy of eager bargain hunters to your home, you can also get a lot of mileage out of free forms of advertising. Garage sale signs, which can be purchased cheaply at any hardware store, can attract dozens of potential customers. In addition to posting a sign directly in from of your house, other good spots are nearby intersections and street corners. Handmade signs can sometimes work, but they have to legible, easy to read, and rigid enough to resist wind and moisture. Other free methods of advertising include flyers, posting announcements on social media, and taking out free ads on Craigslist.
  2. Preparation and presentation: When the day of your garage sale arrives, you need to be organized, prepared, and ready to welcome your first customers early in the morning. Publicizing the hours of your sales event is a necessary part of the planning process, but don't be surprised if you see a few cars starting to pull up before you've finished carrying all your items out to your driveway. Garage sales always attract hard-core bargain hunters who do not want to miss a single item. In all likelihood, the first few hours will be the busiest, and attendance will probably drop off in the afternoon. As far as preparation, getting all your items set aside and labeled (priced) the night before will help avoid last-minute stress, awkward delays in getting started, lost sales, and impatient customers. Display tables are optional, but will make it easier for people to browse your sale items.
  3. Time investment: While some families devote the entire day -- or even the whole weekend -- to their garage sale, others limit the event to four hours on a Saturday or Sunday morning. A lot depends on your patience, how fast your items get sold, and whether you have any plans for the afternoon. At a certain point, you'll start noticing diminishing returns on your time, so you might decide to wrap things up and count your money around noon.
Holding a yard sale can be a great way to make some extra money and get rid of household clutter, but be prepared to devote time and energy to the event -- before, during, and after. Mother Nature can also be a factor in the timing of a garage sale, so keep an eye on the forecasts and reschedule if the weather doesn't cooperate.




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Posted by Jill Kelly on 6/6/2017

Selling a home can be a major hassle. Lucky for you, family members and friends may be able to lend a helping hand as you prep your house for the real estate market.

There are many reasons why you should include loved ones in the home selling journey, including:

1. Loved ones can help you promote your house to potential property buyers.

Family members and friends can share details about your home with large groups of potential homebuyers. That way, you can boost your chances of stirring up interest in your home as soon as your residence hits the real estate market.

Encourage family members and friends to promote your home via social media and word of mouth. If loved ones allocate plenty of time and resources to share information about your home with others, they may be able to help you get the optimal results during the home selling journey.

2. Loved ones can help you complete assorted home improvement projects.

Although your home may look great both inside and out, there may be minor property improvement tasks that you need to complete before you add your house to the real estate market. Fortunately, loved ones may be able to help you finish assorted home improvement tasks.

Family members and friends may be able to assist you as you clean your house. They might even be able to take excess items off your hands so you can declutter your residence quickly and effectively.

Furthermore, loved ones may be able to offer expert recommendations for various home repair projects. And if you need major home repairs like roof maintenance or a complete backyard overhaul, family members and friends may be able to help you get in touch with the right home repair professionals.

3. Loved ones can help you minimize stress at each stage of the homebuying journey.

The process of selling a home can be long and arduous, especially for those who choose to embark on the home selling journey alone. However, loved ones can help you stay calm, cool and collected throughout this journey, regardless of what happens.

Family members and friends are happy to support you in any way possible. As such, they will listen to your home selling concerns and queries and ensure you can minimize stress time and time again.

Also, loved ones may be able to provide home selling insights that you might struggle to receive elsewhere. If family members or friends have sold homes in the past, they can offer guidance to help you streamline the home selling journey.

If you need extra help with selling your home, don't hesitate to reach out to a real estate agent, either. This housing market professional understands the ins and outs of the real estate sector and will help you generate substantial interest in your property.

Ready to add your house to the real estate market? Get your loved ones involved in the home selling process, and you can move one step closer to optimizing the value of your residence.




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Posted by Jill Kelly on 3/7/2017

Attending an open house is like going on a job interview. House sellers and their realtor may appear to be in total control of the process. But, thatís not the case. As a home buyer, you can put yourself in the driverís seat by making a thorough review of the house. You can also ask home sellers or their realtor the following questions.

Answers to these open house questions could land you a great new homeowner deal

Several questions to ask realtors and home sellers can be asked as you walk through the house. Itís good to ask other questions after you have finished walking through the house and have a better idea of the house layout, features and amenities.

How many offers have you received on the house so far? Low interest in the house could be a sign that the house has problems or is located in a depressed neighborhood. It could also be a sign that the house just went up for sale or that you could get a good price for the house.

Why did you put your house on the market? Again, similar to a job interview, the answer to this question is revealing. Just as youíd want to know why someone left their job, find out why sellers want to part with their house.

Tell me how long your house has been on the market. Look to negotiate for a lower price if the house has been on the market for an extended period of time. This could prove to be a real bargaining chip.

Have you done anything since you put the house on the market to try to generate a sale? If so, what exactly did you do? Find out if the seller lowered the price on the house. Did they offer to pay the closing costs? Is the realtor advertising that the sellers will include appliances like a refrigerator, stove and oven or washer and dryer in to attract buyers?

More revealing questions to ask home sellers

How soon after the house is sold will the sellers be ready to move out of the house? Make sure that you can move into your new home when youíre ready.

Please tell me how long you have lived in the neighborhood. Also, ask what the neighbors are like.

What do you like best about the house and the neighborhood? Also ask sellers what they like east about the house and what they wish was different about the neighborhood.

Reach out to the home sellerís realtor if you want to schedule a private viewing of a house. Arrive to an open house early enough to give yourself time to explore the house fully. The last thing you want is to make a rush decision on a house. Another tip is to bring a relative or friend with you, someone who understands houses, including a houseís structure, pipes and wiring. Before you leave, meet with the realtor or house sellers and ask them the right questions. Answers to these questions provide you the information that you need to make a wise house buying decision.




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Posted by Jill Kelly on 10/25/2016

The real estate market is fierce, particularly for home sellers of all experienced levels. Thus, it may take you weeks, months or years to sell your residence if you don't prepare accordingly. So what does it take to ensure your home will sell quickly? Here are three tips for first-time and experienced home sellers: 1. Conduct Plenty of Research Before You Price Your Home. Your home may seem priceless, but ultimately, you'll need to establish a fair market price for your residence to generate interest among homebuyers. To determine the right price for your home, consider the pros and cons of your residence. For instance, if you recently had new energy-efficient windows installed in your home or set up an above-ground pool in your backyard, these features may help boost the value of your residence. Conversely, an old furnace or a defective central air conditioning system may lead you to lower your asking price, as these items may need to be replaced in the foreseeable future. Before you price your home, don't forget to look at what similar houses in your area have sold for over the past few months and years, too. And if you hire a professional appraiser to assess your home's value, you'll be able to set an initial asking price that could help your residence stand out in a competitive real estate market. 2. Clean Up Your Home's Exterior and Interior. Typically, you'll want to enhance your home's curb appeal before you add your residence to the real estate market. By doing so, you can improve your house's chances of making a positive first impression on prospective homebuyers. You also may want to commit significant time and resources to bolster your residence's interior. From de-cluttering your home to revamping the interior of your house's kitchen and bathroom, there is a lot that you can do to give your residence a distinct look and feel. Therefore, if you spend some time cleaning up your home's exterior and interior, you may be able to make it easier for homebuyers to fall in love with your residence instantly. 3. Partner with an Experienced Real Estate Agent. Hiring an experienced real estate agent should be a top priority, regardless of whether you're a first-time or experienced home seller. Because with an expert real estate professional at your side, you can simplify the process of adding your residence to the real estate market and ensure your house garners plenty of interest from prospective homebuyers. A real estate agent will offer guidance and support throughout the home selling process, enabling you to optimize the appearance of your home. Plus, this professional will help you handle negotiations with homebuyers and empower you with the knowledge and insights needed to maximize the value of your house. Employ an experienced real estate agent to assist you during the home selling process Ė you'll be glad you did. This real estate professional will make it simple for you to promote your house to large groups of homebuyers and finalize a sale without delay.