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


Posted by Mary Foley Real Estate Inc. on 1/14/2020

For first-time home sellers, promoting a residence to the right groups of homebuyers may prove to be a major challenge. Lucky for you, we're here to help first-time home sellers streamline the process of showcasing a house to prospective buyers and accelerating the property selling journey.

What does it take to promote a house effectively? Here are three tips to help first-time home sellers do just that.

1. Understand Your Home's Strengths and Weaknesses

A first-time home seller should evaluate a house's interior and exterior closely. By doing so, this property seller can identify any potential problem areas and work to address such issues accordingly.

Typically, a home appraisal offers a great starting point for home sellers. This appraisal ensures a property inspector can assess a house both inside and out and offer expert insights into a residence's strengths and weaknesses.

After a home appraisal is completed, a home seller can use the appraisal report findings to prioritize assorted home improvements. That way, a home seller can commit the necessary time and resources to transform various home weaknesses into strengths.

2. Improve Your House's Curb Appeal

It is paramount for a first-time home seller to consider the homebuyer's perspective. In fact, doing so may make it easy for a home seller to uncover ways to bolster a residence's curb appeal.

Consider what homebuyers will see when they view a house for the first time. This will enable a home seller to identify potential issues and work to resolve such problems without delay.

For example, a home with long, uncut grass or chipped paint on the exterior may be an eye sore. As a result, homebuyers might shy away from this residence after they see it for the first time.

On the other hand, a house with a pristine front lawn and a dazzling exterior may make a great first impression on homebuyers. This means a homebuyer probably will view this house in a positive light – something that may lead a property buyer to submit an offer.

3. Collaborate with a Real Estate Agent

When it comes to promoting a house, there may be no better option than hiring a real estate agent. Together, a real estate agent and a first-time home seller should have no trouble promoting a residence to the right homebuyers, at the right time, every time.

A real estate agent will teach a home seller about the housing market and help him or her plan ahead for any potential home selling pitfalls. Plus, this housing market professional will provide honest, unbiased home selling recommendations to ensure a home seller can maximize the value of his or her residence.

Perhaps best of all, a real estate agent will assist a home seller in any way possible. And if a home seller ever has housing market questions, a real estate agent will respond to these queries immediately.

Take the guesswork out of promoting your residence to homebuyers – use these tips, and a first-time home seller can stir up interest in his or her residence as soon as it becomes available.




Categories: Uncategorized  


Posted by Mary Foley Real Estate Inc. on 12/24/2019

Selling a home for the first time can be tricky. In fact, first-time home sellers often make mistakes that prolong the home selling process. Perhaps even worse, these errors may cause a home seller to miss out on opportunities to optimize the value of his or her residence.

Now, let's take a look at three common mistakes that first-time home sellers make, as well as ways to avoid these problems.

1. Setting an Unrealistic Initial Asking Price

Although you might have paid a hefty sum for your house a few years ago, what your home was worth then is unlikely to match its current value. However, if you set an unrealistic initial asking price for your residence, you risk alienating dozens of potential buyers.

Before you set a price for your house, it pays to perform plenty of housing market research. That way, you can see how your home stacks up against the competition and price it based on the current real estate sector's conditions.

Furthermore, you may want to conduct a home appraisal prior to listing your house. Following a home appraisal, you'll receive a property valuation to help you establish a competitive price for your residence.

2. Failing to Provide Full Details About Your House

No home is perfect, and a home seller who withholds information about his or her residence risks wasting precious time and resources. To better understand why this may be the case, let's consider an example.

If a home seller fails to include information about a faulty heating and cooling system in a home listing, a buyer will be unaware of the problem. A buyer then may submit an offer on this house that a seller accepts. But during a home inspection, a property inspector likely will discover the defective heating and cooling system, which leads the buyer to rescind his or her offer. And at this point, the seller will have to restart the home selling process from square one.

When it comes to selling a home, it helps to be honest. If you provide full details about your residence, you can help a buyer make an informed decision and reduce the risk of that a purchase agreement will fall apart after a home inspection.

3. Choosing an Ineffective Real Estate Agent

A real estate agent should have a seller's best interests in mind. As such, this housing market professional will collaborate with a seller throughout the home selling journey to ensure a seller can optimize his or her earnings.

Unfortunately, not all real estate agents possess the same skills. But if you evaluate a variety of real estate agents, you can increase the likelihood of finding one who matches or exceeds your expectations.

Employ a real estate agent with a proven reputation. And if you're uncertain about whether a real estate agent can help you achieve your home selling goals, it usually helps to request client referrals from this housing market professional.

Streamline the process of selling your home – avoid the aforementioned first-time home seller mistakes, and you can boost your chances of enjoying a quick, profitable home selling experience.




Categories: Uncategorized  


Posted by Mary Foley Real Estate Inc. on 3/19/2019

Selling a house may prove to be problematic, particularly for individuals who fail to allocate time and resources to learn about the real estate market. Lucky for you, we're here to help you navigate the housing sector and ensure you can avoid home selling crises.

Now, let's take a look at three tips to help you list your residence and maximize its value.

1. Create an Informative House Listing

Think about your house's pros and cons. Then, you can put together an informative home listing that makes it easy for buyers to fall in love with your residence.

Of course, when you craft a home listing, it pays to be honest. If you include pertinent, accurate house information in your listing, you can help buyers determine whether your residence is the right choice.

Don't forget to incorporate high-resolution photos into your house listing too. If you include home listing photos that showcase the size and beauty of your house, many buyers soon could set up showings to view your residence.

2. Conduct a House Appraisal

When it comes to selling your house, it helps to establish an aggressive initial asking price. That way, you can list your house at a price that matches or exceeds buyers' expectations.

Establishing an aggressive initial asking price for your home, however, may prove to be difficult. But if you conduct a house appraisal, you can get a home valuation from a property expert to help you set a fair price for your residence.

In many instances, a homeowner can receive a house appraisal report within a few days. Once you have this report at your disposal, you can review your property valuation and set an aggressive initial asking price for your home.

3. Employ a Real Estate Agent

There is no need to embark on the home selling journey alone. Thankfully, you can hire a real estate agent who is unafraid to be honest with you at each stage of the home selling cycle.

A real estate agent understands exactly what it takes to sell a house, regardless of the present housing market's conditions. As such, he or she will work with you to determine the best way to streamline the home selling journey.

Oftentimes, a real estate agent will learn about you and your home selling goals. He or she then will craft a custom home selling strategy designed to help you achieve the optimal results. Next, a real estate agent will promote your residence to dozens of potential buyers and set up home showings and open house events. And if you receive an offer to purchase your home, a real estate agent will help you examine the pros and cons of this proposal and make an informed decision.

Don't let problems get the best of you during the home selling journey. Instead, use the aforementioned tips, and you can reduce the risk of problems that otherwise can prevent you from enjoying a fast, profitable house selling experience.




Categories: Uncategorized  


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.