Mary Foley Real Estate Inc.
Mary Foley Real Estate Inc.


Posted by Mary Foley Real Estate Inc. on 3/5/2019

Looking to add your home to the real estate market? Ultimately, you'll want to do everything you can to maximize the value of your residence.

For home sellers, getting the best price for a residence may seem virtually impossible at times. Fortunately, we're here to help you plan ahead so you can get the best price for your house as soon as it hits the market.

Now, let's take a look at three tips to help you optimize the value of your residence, regardless of the current real estate market's conditions.

1. Examine the Housing Market

When it comes to the real estate market, it is important to understand how your residence stacks up against the competition.

Collect housing market data to learn about the real estate sector. Then, you can establish a "competitive" price for your home and boost your chances of a quick home sale.

Typically, home sellers should look at the prices of currently available residences in their cities and towns. This will enable home sellers to understand the local real estate market and establish a price range for houses that are similar to their own.

Don't forget to review the prices of recently sold houses as well. With this housing market data in hand, home sellers can find out whether they are about to enter a seller's or buyer's market.

2. Complete a Home Appraisal

Let's face it – what your home is worth today is unlikely to match what you initially paid for your residence. If you have completed a wide range of home upgrades over the years, the value of your residence may have increased. Or, if you failed to maintain your house's interior and exterior, your residence's value may have fallen.

A home appraisal will enable you to learn about your house's strengths and weaknesses. This assessment is performed by a professional property inspector who will take a close look at your house's interior and exterior. After the assessment is finished, the property inspector will provide you with a report that can help you price your house appropriately.

If you want to boost your home's value after a home appraisal, you can always complete various home interior and exterior improvement projects. That way, you can enhance your house both inside and out and move closer to maximizing the value of your home.

3. Consult with a Real Estate Agent

A real estate agent is a difference-maker for home sellers, and for good reason. This housing market professional will do everything possible to help you prep your house and ensure you can receive the best price for it – without exception.

Usually, a real estate agent will set up home showings and open houses, negotiate with homebuyers on your behalf and much more. He or she will even provide honest, unbiased home selling recommendations to ensure you can streamline the home selling journey.

Don't leave anything to chance as you get ready to add your house to the real estate market. Use these tips, and you should have no trouble getting the best price for your house.




Categories: Uncategorized  


Posted by Mary Foley Real Estate Inc. on 2/26/2019

No doubt about it, one of the joys of home-ownership is making your abode reflect your personality. You’ve added an accent feature here and faux finishes there, trendy geometric shutters and some personal landscaping art reflect your funky nature.

You thought this was your forever home and didn’t worry about what anyone else might think about it … but now, you’re moving on and you’re worried your expressive nature might derail your home sale. Take a moment to assess which of your personal touches should stay with the house and which ones might detract from a potential buyer.

Exterior colors: Many newer communities have color requirements for a home’s exterior, so as long as your home falls in line with the requirements, you won’t need to make any changes. In older neighborhoods, however, there may be no such restrictions. If yours is a particularly bright or stand-out color, you may want to tone it down to blend in more with your neighbors. A better option for attracting buyers includes an exterior free of mold and stains and freshly painted trim. While painted brick is all the rage on home renovation shows, if your brick is not painted, just make sure it is clean. If it is painted, but the paint is tired, chipped or faded, consider giving it a new coat.

Exterior décor: Trendy patio hangings, gazing balls, gnomes and birdbaths added to the pleasure you took in enjoying your outdoor space. A buyer with a simpler aesthetic might find these additions distracting. A better option for attracting buyers is curb appeal based on clean landscaping, perennial plants, and flora that doesn’t require a lot of maintenance. This provides a cleaner canvas for the new buyer’s personal creativity. You can express your personality with a brightly painted front door, an easy fix for a homebuyer to change.

Overgrown landscaping: Depending on the age of your home, and the length of time you’ve lived there, the landscaping may need to be scaled back. Larger trees that have grown up near the foundation may cause potential buyer concerns about the costly foundation and structural repairs. Brick walls covered in ivy are beautiful but may make a buyer wonder about what’s hidden under all those leaves. Consult with an arborist about trimming back trees and if you have concerns about the foundation, get it inspected to avoid any nasty contingencies at closing time.

Water features: Of course, some locations demand a pool for summer entertaining, while in other areas a pool or hot tub is entirely optional. It doesn’t make any sense to fill in an in-ground pool unless it no longer functions, but above-ground pools can detract from a sale. Hot tubs in less-than-pristine condition can give some buyers pause, while Koi ponds, fountain and other water features may either enhance or detract from your buying demographic. Check with your real estate professional to see what is true in your area.

Try to walk around the exterior of your home with a critical eye:

  • Do some fencing panels need replacing? Gate hinges?
  • Check the exterior knobs. Do they all match? Are they keyed the same?
  • Are windows cracked or do any have broken seals—do they have condensation inside when the temperatures outside and inside differ?
  • Carriage and porch lights often get neglected. While you may not need to replace them, make certain they are clean and functional.

Ask a professional for guidance with questions about the exterior appeal of your home and the best practices for your home's future sale.





Posted by Mary Foley Real Estate Inc. on 2/12/2019

The number of showings a seller needs to host varies. In some instances, a buyer may submit an offer to purchase a house following an initial showing. Or, in other cases, a seller may host dozens of showings without receiving any offers to purchase his or her house.

Ultimately, there are lots of things that a seller can do to boost the likelihood that a home showing leads to an offer to purchase his or her residence, such as:

1. Perform Home Upgrades

A faulty light in your kitchen or chipped paint on your bathroom's wall may be problematic. But if you perform home upgrades, you can complete myriad house repairs. Perhaps most important, you can address various home problems before they otherwise slow down the house selling journey.

Oftentimes, it helps to take a room-by-room approach to identify home problems. If you make a list of house issues, you can address these problems over the course of several days or weeks. Then, when your house is ready, you can add it to the real estate market and host showings.

2. Clean Your House

A neat, tidy house is sure to make a great first impression on buyers. If you devote time and resources to clean each room in your house, you could make it easy for buyers to fall in love with your residence.

Of course, if you need help with home cleaning, you can always reach out to professionals for assistance. If you employ home cleaning professionals, you can upgrade your residence's appearance in no time at all.

3. Eliminate Clutter

Antiques, paintings and other decorations may help you transform a house into a home. However, you should remove these items before you host a house showing. Because if assorted personal belongings are scattered across your residence, it may be tough for buyers to envision what life could be like if they purchase your house.

If you have lots of personal belongings, you can rent a storage unit where you can keep these items safe until your residence sells. Or, if you have excess items, you can sell these items or give them to family members or friends.

Lastly, as you get set to list your residence, you may want to hire a real estate agent. This housing market professional will offer tips and recommendations to help you get your residence show-ready.

A real estate agent understands how to promote a residence to the right groups of buyers. He or she will schedule showings on your behalf and provide feedback after buyers view your residence. Plus, if a showing results in an offer to purchase your residence, a real estate agent can offer suggestions about whether to accept, reject or counter this proposal.

If you prepare for a home showing, you could accelerate the house selling journey. Thanks to the aforementioned tips, you can get ready for any showing, as well as make your home an attractive option to buyers.




Categories: Uncategorized  


Posted by Mary Foley Real Estate Inc. on 11/27/2018

When it comes to selling a house, there is no need to make rash decisions. Instead, you should review your home selling options closely so you can make informed choices time and time again.

There are many factors to consider as you review your home selling plans, and these include:

1. Your Home's Condition

How your home looks to buyers may have far-flung effects on your house selling experience. If you allocate time and resources to upgrade your house's appearance, you could boost the likelihood of enjoying a fast, profitable home selling journey.

First, you may want to upgrade your house's curb appeal. You can mow the lawn, trim the hedges and perform other home exterior upgrades to bolster your house's curb appeal and differentiate your residence from other properties.

You should clean each room of your house, too. That way, homebuyers may be more likely than ever before to fall in love with your residence as soon as they walk through your house's front door.

2. The Current State of the Housing Market

The current state of the housing market may dictate how you price your home. If you analyze the local housing sector, you can set a competitive initial asking price for your residence.

Take a look at available houses in your city or town that are similar to your own. You then can use this information to establish a price range for your residence.

Also, find out how long recently sold houses in your area were available before they were purchased. This housing market data can help you determine if the current housing market favors buyers or sellers.

3. Your Home Selling Goals

Consider what you want to accomplish during the home selling journey. By doing so, you can map out what you will need to do to achieve your home selling goals.

For instance, if you want to sell your residence as quickly as possible, you may want to establish an aggressive initial asking price for your home. On the other hand, if you want to optimize your home sale earnings, you may want to consider myriad possibilities to promote your residence to as many potential buyers as you can.

For those who want to review their home selling options, you may want to collaborate with a real estate agent as well. In fact, with a real estate agent at your side, you can get the help you need to streamline the home selling journey.

A real estate agent offers comprehensive insights that you can use to accomplish your desired home selling results. Plus, he or she is ready to respond to your home selling concerns and questions. And if you are unsure about how to navigate the home selling journey, a real estate agent can provide guidance to help you make informed decisions.

Ready to list your residence? Consider the aforementioned factors, and you can plan ahead for all aspects of the home selling journey.




Categories: Uncategorized  


Posted by Mary Foley Real Estate Inc. on 10/2/2018

Believe it or not, selling a home may prove to be expensive if you are not careful. However, if you understand the costs associated with selling a house, you can budget accordingly.

Now, let's take a look at three expenses that home sellers commonly encounter.

1. Home Repairs

Cracked siding, floor damage and other home issues are worrisome, particularly for an individual who wants to sell his or her residence as quickly as possible. Fortunately, if you budget for home repairs, you can address these issues before you list your residence.

Oftentimes, it helps to conduct a home inspection prior to embarking on the house selling journey. A home inspection enables a property owner to gain expert insights into any underlying problems with his or her house. Then, the property owner can prioritize assorted home repairs and complete house improvements as needed.

2. Home Cleaning

A messy home is unlikely to garner buyers' attention. On the other hand, an individual who hires a professional cleaning company to improve his or her residence's appearance may be better equipped than ever before to enjoy a successful house selling experience.

Hiring a professional cleaning company may be costly. Yet if you shop around for home cleaning companies in your city or town, you can find a cleaning business that matches your budget.

Don't forget that you can clean your house on your own, too. If you purchase cleaning supplies and enlist family members and friends to help you clean your residence, you could enhance your residence's appearance without breaking your budget.

3. Home Staging

The cost of staging a house varies based on the size of a residence, the extent of the staging and other factors. But if you allocate time and resources to declutter your residence, you may be able to avoid the costs associated with house staging altogether.

To declutter your residence, you should try to remove any unwanted items from your home. You can list these items online or host a yard sale to eliminate clutter and earn extra cash. Or, you can donate your unwanted items to a local charity or give them to family members or friends.

As you get set to sell your house, you may want to hire a real estate agent as well. With a real estate agent at your side, you can cut down on your house selling expenses and get the help you need to achieve your desired results.

A real estate agent understands that each house is different, and he or she crafts a custom strategy for each home seller. Next, a real estate agent and a home seller work together to put this plan into action. And if a seller ever has concerns or questions during the house selling journey, a real estate agent is happy to respond to them.

Plan ahead for home selling costs – you will be glad you did. Because if you budget properly, you can put yourself in a great position to streamline the home selling journey.




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