Duarte/Downey Real Estate Agency, Inc



Posted by Duarte/Downey Real Estate Agency, Inc on 12/25/2016

For home sellers, accepting a homebuyer's offer represents one of many steps you'll need to complete to finalize your home sale. In fact, accepting a homebuyer's proposal provides no guarantees, and a homebuyer likely will conduct a home inspection that may determine whether he or she moves forward with a home purchase.

Ultimately, a home inspection may make or break your home sale. But if you spend some time preparing for a home inspection, you can improve your chances of accelerating the home selling process.

Here are three tips to help home sellers get ready for a home inspection.

1. Clean Up Your Home's Interior and Exterior

A home inspector will investigate every nook and cranny of your house. As such, you'll want to ensure your residence dazzles when a home inspector visits, as any flaw could damage your chances of finalizing your home sale.

Conduct an extensive clean-up of your house's interior and exterior – you'll be happy you did. With a neat, tidy home, you'll be able to improve your chances of making a positive impression on a home inspector.

Plus, evaluating your residence before a home inspection ensures you can identify and address any minor flaws before the evaluation. That way, you'll be able to eliminate any problems and improve your chances of a fast, seamless home inspection that won't jeopardize your home sale.

2. Ensure All Areas of Your Home Are Easily Accessible

A home inspector will want to examine your hot water heater, your home's siding and more, so you'll want to make every area of your home easily accessible to a home inspector to guarantee he or she can perform the assessment properly.

Although a home inspector may uncover a variety of problems with your residence, the assessment represents a valuable learning opportunity for both you and the homebuyer. Thus, if all areas of your home are easily accessible, you may be able to make the most of this opportunity, learn about hidden problems with your residence and work to resolve these issues accordingly.

3. Consult with Your Real Estate Agent

Let's face it – a home inspection can be stressful, particularly for home sellers who want to finalize a home sale as soon as possible. Luckily, your real estate agent can help you minimize stress and ensure you know exactly what to expect before, during and after a home inspection.

Your real estate agent can answer any of your home inspection questions and ensure you are fully prepared for the assessment. In addition, your real estate agent will collaborate with you and the homebuyer. And if problems are discovered during a home inspection, your real estate agent will help you determine the best course of action.

When it comes to a home inspection, there is no need to worry. If you use the aforementioned tips to prepare for a home inspection, you'll be able to improve your chances of speeding up the home selling process.





Posted by Duarte/Downey Real Estate Agency, Inc on 7/31/2016

Your home's driveway represents more than just an open space where you park your car day after day. In fact, your driveway could become a major selling point for your residence, one that could put your home over the top in the eyes of prospective homebuyers. So what does it take to enhance the quality of your home's driveway quickly and efficiently? Here are three factors that you should consider before you dedicate time and money to complete driveway renovations: 1. The Quality of Your Home A driveway improvement project should be considered in relation to other home improvement tasks throughout your residence. For example, is revamping your driveway more important than replacing your residence's hot water heater? This rarely, if ever, is the case, which means you may be better off dedicating your resources to other home improvement tasks before you commit time and money to enhance your driveway. Remember, your driveway is important but should not take precedence over various homebuyer must-haves. And for home sellers who are on the fence about driveway repairs, considering a homebuyer's perspective may help these sellers determine which home improvement projects should become top priorities. 2. Return on Investment (ROI) Ideally, you'll want to improve your home's driveway to enhance your residence's curb appeal and value as well as boost your chances of a quick home sale. To accomplish these feats, you'll need to ensure that the time and money you commit to driveway renovations delivers a significant return on investment (ROI); in other words, you'll want to guarantee that you'll get back what you put in to your driveway modifications. Consulting with a real estate agent can help you find the best way to maximize the ROI of driveway improvements, along with any other home repair tasks. This real estate professional is happy to provide tips to empower you with the skills and insights you need to bolster the quality of your home and optimize your residence's value. 3. The Real Estate Market Does your driveway already sparkle? If so, you may be able to use your driveway as a selling point to differentiate your residence from others on the real estate market. On the other hand, a subpar driveway that is loaded with cracks and holes may need to be repaired to the point where it won't detract from your home's curb appeal and value. When it comes to driveway improvements, it is important to note that major overhauls aren't always necessary. Instead, you may be able to fill in various cracks and holes to ensure your home's driveway offers plenty of parking and serves its purpose consistently. Take a look at some of the rival homes in your area to see the quality and condition of their driveways. By doing so, you'll be able to get a better idea about how your residence's driveway appears to homebuyers and act accordingly. Examine your driveway as you prepare to list your home on the real estate market, and you'll be ready to make any necessary improvements to help your residence generate interest from homebuyers.





Posted by Duarte/Downey Real Estate Agency, Inc on 7/10/2016

The real estate market remains in constant flux. However, this does not necessarily mean you'll need a significant amount of time to sell your residence. Regardless of the size and quality of your home, there are many quick, easy ways to set up your residence for a quick sale, including: 1. Price your home appropriately. As a home seller, your goal is to maximize the value of your residence. Doing so, unfortunately, can be a major challenge if you fail to set realistic expectations. Getting your home appraised before you add it to the real estate market ensures you'll be able to determine the true value of your home. Furthermore, consider any recent home improvements you've completed, as these enhancements may help increase your residence's value. Also, don't forget to check out the prices of similar homes in your area. This enables you to get a better idea about the value of your residence relative to others that are available. Pricing your home often can be difficult, but those who perform plenty of research will be better equipped to set a fair price that generates interest from many prospective homebuyers. 2. Make your home easy to show. Those who only enable homebuyers to view their residences at certain times will limit their opportunities for a quick sale. Conversely, you should try to remain as flexible as possible after you add your home to the real estate market to maximize your home showings. Homebuyers likely have many great residences at their disposal. And if you turn down an opportunity to show your house to an interested homebuyer, this buyer may choose to look elsewhere for his or her dream residence. Comparatively, home sellers who maintain a clean house can make their residence easy to show at any time. In the event that a homebuyer wants to show up on short notice to view your residence, you'll be ready to depart and ensure this interested party can check out your residence without delay. 3. Ensure your home is listed in plenty of places. Your real estate agent should try to do everything he or she can to make your home an attractive commodity. As such, hiring a real estate professional who will showcase your residence to as many prospective homebuyers as possible is essential if you want a quick sale. For example, your real estate agent should have no trouble adding your house to a wide range of real estate listing websites. Social networks like Facebook also make it simple for real estate professionals to showcase your home to a broad range of prospective homebuyers. With a superior real estate agent at your disposal, you'll be able to spread the word that your home is for sale to a large group of homebuyers. Thus, you'll be better equipped to boost your chances of a fast sale, and potentially, a major bidding war among interested parties as well. Selling a home is rarely simple, but with these tips, you can improve your chances of optimizing the value of your home and selling your residence quickly.





Posted by Duarte/Downey Real Estate Agency, Inc on 3/27/2016

If you are a seller, you need to know how buyers think. A study by the National Association of Realtors asked buyers who they are, why they need to buy, and what would make them buy. Here is just a few highlights from that study which provides detailed insight into the home buyer's experience with this important transaction. Here are highlights from that report.

  • Sixty-six percent of recent home buyers were married couples—the highest share since 2001.
  • For forty-two percent of home buyers, the first step in the home-buying process was looking online for properties. While fourteen percent of home buyers first looked online for information on the complete home buying process.
  • The use of the Internet in the home search process rose slightly to ninety-two percent.
  • The typical home buyer searched for 12 weeks and viewed 10 homes.
  • Eighty-eight percent of buyers purchased their home through a real estate agent or broker. This share steadily increased from sixty-nine percent in 2001.
  • Eighty-eight percent of sellers were assisted by a real estate agent when selling their home.
  • Two-thirds of home sellers only contacted one agent before selecting the one to assist with their home sale.
  • The share of home sellers who sold their home without the assistance of a real estate agent was nine percent. Forty percent knew the buyer prior to home purchase.
 





Posted by Duarte/Downey Real Estate Agency, Inc on 3/13/2016

1. Stage your home. According to the Real Estate Staging Association, homes that are staged sell on average 78% faster than the competition. Staging is more about creating a mood than moving furniture around. Staging makes a house look bigger, brighter, cleaner, more inviting and best of all makes buyers want to buy it.

2. Don’t forget the outside.
Stage the exterior of your home too. Fresh paint, updated landscaping and welcoming lawn furniture will help will a quick sale. Buyers often look for an outdoor space that they can enjoy with friends and family.

3. Make your home available.
Homes that don’t get shown don’t get sold. Try to accommodate as many appointments to view your home as possible. In today’s market, there are many vacant properties that can be shown anytime. Restrictive time frames, appointments that have to be set far advance will usually result in a buyer crossing your place off the list.

4. Get real about pricing.
Try to be the best deal on the market. Homes that are priced correctly will sell quicker and get a higher sale price than those that have sat on the market. Today’s educated buyers are familiar with comparable sales in the area. They will flock to a home that looks like a great deal. Competitively priced homes get the most traffic and at times even receive multiple offers.

5. Pay attention to the competition.
Look at the price that homes that are similar in style, condition and location have sold for. Attend some open houses and honestly size up your competition. Try to look at your competition from the Buyers point of view removing all emotion you may have tied to your home. Keep constantly updated on changes in the market and try to stay ahead of the curve.