Janet Cramb & Company/LAER Realty Partners



Posted by Janet Cramb on 2/6/2019

If you receive a "lowball" offer to purchase your house, your first reaction may be to respond with an immediate "No." However, it is important to evaluate any offer to purchase your house closely. Because if you weigh the pros and cons of rejecting an offer to purchase your home, you'll be better equipped than ever before to make an informed decision about any homebuying proposal you receive.

Now, let's take a look at three factors to consider before you reject an offer to purchase your residence.

1. Your Home's Price

What you may consider to be a lowball offer to purchase your home may actually be a competitive homebuying proposal Ė it all depends on the current state of the housing market. Thus, if you analyze the housing market, you can find out how your home's price stacks up against the prices of comparable houses and review an offer to purchase accordingly.

If you find your home's price falls in line with similar houses in your city or town, you likely have a competitive initial asking price in place. And if a buyer's offer to purchase your home falls short of your house's initial asking price, you may want to decline the proposal.

On the other hand, if your home is priced much higher than comparable residences in your area, you may want to adjust your home selling expectations. In this instance, you may find a lowball offer to purchase turns out to be a competitive homebuying proposal. As a result, you may be more inclined to accept the proposal based on the current housing market's conditions.

2. Your Home's Condition

Oftentimes, buyers will account for potential home repairs or upgrades they will need to complete if they acquire a house. This means a buyer may submit an offer to purchase below a seller's initial asking price due to the fact that a house may require assorted repairs or upgrades in the near future.

Take a look at the condition of your home Ė you'll be glad you did. If you find your home is in need of significant repairs or upgrades, you may want to consider these projects before you reject a buyer's offer to purchase your house.

3. Your Home Selling Goals

It generally is a good idea to start the home selling journey with goals in hand. That way, if an offer to purchase your house allows you to achieve your home selling goals, you can accept the proposal. Or, if an offer to purchase your house moves you further away from accomplishing your home selling goals, you can reject the proposal.

As you get set to complete the home selling journey, you may want to hire a real estate agent too. This housing market professional can help you assess any offers to purchase your house, at any time. By doing so, a real estate agent can help you determine how to proceed with an offer to purchase and ensure you can make the best-possible decision.





Posted by Janet Cramb on 1/30/2019

Whether you plan on selling your house in the next few years, or if you just want to make some much needed updates to your home, renovations can be a great way to increase the value of your property.

However, not all updates will pay for themselves. Some upgrades that we want for personal reasons, such as building an addition for more space, could come back to haunt you if it isnít to the taste of potential homebuyers in the future.

So, in this article, weíre going to talk about five simple updates to your home that have the best chance of increasing its selling price. That way, when you do finally decide to move on from your home, you can sell for the price you know your home is worth.

Improve your lighting

You donít have to be a carpenter to increase the value of your home. When a potential buyer enters your home for the first time, two of the first things theyíll notice are the lighting and the spaciousness of the room.

Since lighting is an essential part of creating spaciousness, increasing the former will also increase the latter.

So, what are some ways you can increase lighting?

  • Add recessed lights to the ceilings of your home. It will open up space in the ceiling and allow for a greater number of lights overall.

  • Add lighting under the cabinets in your kitchen

  • Use large mirrors for decoration to increase lighting and create the illusion of spaciousness in smaller rooms

Painting for the modern homeowner

Home decor trends come and go. Not long ago, wallpaper was the go-to choice. However, the surest way to increase the value of your home is to use bright and neutral colors since, statistically, these appeal to the largest number of people.

Fresh paint and good lighting work together to make your home seem more polished and modern. And, for just a few hundred dollars, you can paint your whole home.

Remember, however, that it is easy to scuff up the walls in your home. So, itís a good idea to paint closer to the date you think youíll be trying to sell.

Low maintenance landscaping

While there are people who enjoy mowing the lawn on Saturday morning, those people tend to be few and far between. One thing potential buyers will consider when viewing your home is how difficult it will be to take care of the yard.

Adding an irrigation system, removing unnecessary obstacles, and planting hardy bushes and plants will woo potential buyers.

Upgrade the most outdated room in your home

If your home is in need of serious upgrades, itís best to start with the room that needs it the most, especially if that room is a bathroom or kitchen. Replacing an old vanity or putting new tile down can be simple ways to spruce up a bathroom thatís looking dated.

Fix the little things

If you have a couple of years before you plan to sell, that gives you time to fix the small issues that youíve noticed and will continue to notice. Maintaining your home now will give you less to worry about when the time comes to sell, and you donít want to be dealing with leaking faucets when that day arrives.





Posted by Janet Cramb on 1/23/2019

There is no set amount of time that you will need to allocate to sell your residence. In certain instances, a seller can generate lots of interest in his or her house and receive an offer to purchase within one day of listing a home. On the other hand, a seller sometimes requires many weeks or months to stir up interest in his or her home.

Ultimately, you should strive to commit as much time as you can to sell your home. If you do everything possible to promote your residence to potential buyers, you could reap the benefits of a fast, profitable house selling experience.

There are many things that a seller can do to ensure a seamless home selling experience, and these include:

1. Improve Your Home Both Inside and Outside

Remove clutter from inside your home Ė you'll be happy you did. In addition to making it easy to show off the true size and beauty of your home, eliminating clutter could help buyers envision what life may be like if they purchase your house.

Meanwhile, your home's curb appeal can make a world of difference during the property selling journey. If your house boasts a stunning front lawn and other exceptional home exterior features, your home may be better equipped than ever before to make a positive first impression on prospective buyers.

2. Establish an Aggressive Initial Home Asking Price

Take a look at the prices of comparable houses in your city or town. In addition, evaluate the prices of recently sold houses in your area that are similar to your own. This housing market data may help you establish an initial home asking price that falls in line with the current housing market's conditions.

Furthermore, it may be beneficial to conduct a house appraisal. With an appraisal report in hand, you'll have a property valuation that you can use to establish an aggressive initial asking price for your residence.

3. Hire a Real Estate Agent

A real estate agent is an expert guide for selling homes. He or she can help you list your residence, promote it to prospective buyers and much more.

Of course, let's not forget about the assistance that a real estate agent provides at each stage of the property selling journey, either. A real estate agent will help you create a house selling strategy and put this plan into action. He or she will be ready to respond to any of your home selling concerns or questions too. And if you're unsure about how to proceed at any point during the house selling journey, a real estate agent can provide property selling recommendations and suggestions.

For those who want to add a house to the real estate market and streamline the home selling journey, it may be a good idea to hire a real estate agent. By collaborating with a real estate agent, you can get the support you need to quickly navigate the home selling journey.




Categories: Uncategorized  


Posted by Janet Cramb on 12/19/2018

Believe it or not, selling a home may prove to be a good idea. In fact, there are many reasons why selling a residence could be beneficial, and these include:

1. You can earn a profit from your home sale.

If you have allocated significant time and resources to maintain your residence, you may find there will be lots of interest in your house if you add it to the real estate market. As such, you could earn a profit from the sale of your home.

Of course, it often helps to craft a home selling strategy before you list your house. This strategy will enable you to determine the steps you'll need to take to optimize your home sale earnings.

2. You can downsize or upgrade.

In some instances, a homeowner may find his or her current residence is now too big or too small. If you encounter this situation, there is no need to worry, as you can always list your residence and downsize or upgrade as needed.

Selling a home allows you to reconsider your living situation. Thus, if your current house is too big, you can sell your home and move into a smaller residence. On the other hand, if you need more space than your current home offers, you can list your residence and pursue a bigger home in the city or town of your choice.

3. You can find a new home close to family members and friends.

If you have to travel great distances to visit family members and friends, you may want to consider moving closer to these loved ones. Thankfully, you can sell your residence and relocate to a new home near family members and friends.

Clearly, there are many reasons why selling a home may be a good idea. If you hire a real estate agent, you can receive comprehensive assistance throughout the property selling journey.

A real estate agent will do whatever it takes to help you achieve the optimal home selling results. First, he or she will meet with you and find out why you are selling your house. A real estate agent next will offer tips to help you prepare your residence for the housing market. Then, when you're ready to sell your home, a real estate agent will promote your residence to prospective buyers. And if you receive an offer to purchase your house, a real estate agent will help you analyze this homebuying proposal and make an informed decision.

In addition, a real estate agent is a home selling expert. He or she will respond to any of your home selling concerns and questions, and by doing so, ensure you can achieve your desired results.

If you decide to sell your residence, you may want to hire a real estate agent. Because if you have a real estate agent at your disposal, you can get the help you need to simplify the property selling journey.




Categories: Uncategorized  


Posted by Janet Cramb on 11/28/2018

If you are on the fence about whether to accept or reject a homebuying proposal, it is important to remember that a third option is available: countering the offer.

By countering a home offer, you can set the stage for a negotiation with an interested buyer. If a buyer accepts your counter-proposal, you and the buyer can move forward with a purchase agreement. Or, if a buyer rejects your counter-offer, you can always continue to seek out proposals from other potential buyers.

Before you counter a home offer, it is important to know what to expect after you make this decision. That way, you can feel confident about your decision to counter a homebuyer's proposal, even in a high-pressure situation.

Now, let's take a look at three tips to help you analyze a home offer and determine whether to counter it.

1. Assess the Housing Market

The housing market ultimately may play a key role in how a home seller approaches an offer. Because if a seller examines the real estate sector closely, he or she may gain actionable insights that can be used to differentiate a "fair" proposal from a "lowball" offer.

Look at the prices of comparable houses in your city or town, as well as the prices of recently sold residences in your area that are similar to your own. Then, you can use this information to take a data-driven approach to analyze an offer. And if you decide to counter an offer, you can rest assured that your decision is backed by relevant real estate insights.

2. Review Your Home's Pros and Cons

Oftentimes, it is beneficial to consider your house's age and condition as you review an offer. This will enable you to account for any potential home repairs and the costs associated with them Ė something a buyer also may do before he or she submits an offer on your home.

Don't forget to consider the strengths of your home as well. If you recently performed a series of home upgrades, you probably accounted for these house improvements when you set the initial asking price for your home. Thus, you should have no regrets about countering a home offer if it fails to match your expectations.

3. Consult with a Real Estate Agent

Hiring a real estate agent is crucial, particularly for a home seller who is uncertain about how to proceed with a home offer. A real estate agent can help you evaluate all aspects of a home offer and make it easy to submit a counter-proposal as needed.

Typically, a real estate agent will offer expert home selling recommendations. He or she also will respond to your home selling concerns and questions and ensure you can make an informed decision about any offer, at any time.

Ready to review an offer on your house? Use the aforementioned tips, and you should have no trouble deciding whether to counter a homebuying proposal.