The Deborah Lucci Team - William Raveis R.E. & Home Services

Posted by The Deborah Lucci Team on 3/12/2018

For those who plan to list a condo, it helps to prepare as much as possible. By doing so, you can limit the risk of potential condo selling hurdles, as well as find ways to optimize the value of your property.

Ultimately, there are many factors to consider prior to listing a condo, and these include:

1. Your Condo's Condition

No two condos are exactly alike. As such, it may be beneficial to upgrade your condo before you list it. Because if you perform assorted property upgrades, you may be able to differentiate your property from the competition.

Performing a condo inspection often proves to be a good idea, particularly for a condo seller who is uncertain about the current condition of his or her property. During an inspection, a property expert will examine your condo and identify any structural problems. Then, you can use the inspection results to establish condo improvement priorities.

2. Your Price

What your condo was worth when you initially bought it is unlikely to match what your property is worth today. Fortunately, if you conduct a condo appraisal, you can find out the present value of your condo and price your property accordingly.

After you perform a condo appraisal, you'll receive an appraisal report that includes a property valuation. Next, you can establish a competitive price for your condo, one that increases the likelihood that your property will stir up lots of interest from dozens of potential buyers.

Of course, it helps to consider your condo fees when you set the price for your property too. Include details about any homeowner's association fees when you list your condo. That way, you can help condo buyers make an informed decision about whether your property is the right choice.

3. Your Timeline

You know that you want to sell your condo, but how quickly are you looking to vacate your property? With a timeline in place, you may be better equipped than ever before to enjoy a fast, seamless condo selling experience.

If you want to sell your condo without delay, you may want to set an aggressive initial asking price. On the other hand, if you can afford to be patient, you may want to wait until you receive a competitive offer before you finalize a condo sale.

When it comes to selling a condo on a timeline, it helps to hire a real estate agent as well. In fact, employing a real estate agent who possesses condo selling experience can make a world of difference for any condo seller, at any time.

A real estate agent who understands the ins and outs of selling a condo can help you get your property ready for the real estate market. Furthermore, this real estate agent will make it easy to establish a competitive initial asking price for your condo and ensure that you can sell your property on a timeline.

Want to list your condo? Consider the aforementioned factors, and you can prepare to add your condo to the real estate market.

Tags: Tips on selling   Condo  
Categories: condo   tips on selling  

Posted by The Deborah Lucci Team on 1/8/2018

Looking to list your house and maximize its value? Ultimately, a home selling timeline can make a world of difference, regardless of where your house is located.

A home selling timeline enables you to map out the home selling journey. Then, you can decide the best steps to ensure you can achieve your home selling goals as quickly as possible.

Now, let's take a look at three tips to help you craft an effective home selling timeline.

1. Set a Deadline

When do you want to be out of your current house and living elsewhere? Establish a home selling deadline, and you can determine how much time you have to navigate the home selling journey.

If you need to sell your home in a matter of weeks, you'll likely need to move quickly if you want to achieve the best-possible results. Thus, you'll need to make a plan to ensure you can promote your house to the right buyers and speed up the home selling process.

Conversely, if you have several months to sell your house, you may be able to take a gradual approach to listing and promoting your residence. In this scenario, it may be worthwhile to conduct a home inspection, identify any underlying home problems and address these issues. That way, you can perform assorted house improvements to boost the value of your residence.

2. Determine Your Budget

A home selling timeline and budget often go hand-in-hand, and for good reason. If you craft a home selling budget in conjunction with your timeline, you can ensure you have the necessary finances for expenses that may arise during the home selling journey.

For example, consider what may happen if a homebuyer identifies myriad home problems during an inspection. In this situation, a buyer may ask you to complete home improvements in order to move forward in the home selling process. And if you have already set aside funds for home improvements, you can complete these tasks and ensure you can stick to your home selling timeline.

3. Consult with a Real Estate Agent

For home sellers, it generally helps to hire a real estate agent. This housing market professional can help you create a successful home selling timeline and address a wide range of home selling hurdles.

A real estate agent understands the complexities of selling a house and will make it easy for you to make informed decisions throughout the home selling journey. He or she will teach you about the housing market and ensure you can establish a competitive initial asking price for your residence. Next, a real estate agent will promote your house to prospective buyers and help you review offers on your residence. And once you receive a fair homebuying proposal, a real estate agent will ensure you can quickly and effortlessly finalize a home sale.

Set up a timeline for selling your house – you'll be glad you did. If you use the aforementioned tips, you can establish an effective home selling timeline that guarantees you can optimize the profits from your home sale.

Posted by The Deborah Lucci Team on 11/27/2017

Adding a home to the real estate market offers a great first step to sell your residence. However, before you list your house, you'll want to consider the short- and long-term ramifications.

Ultimately, there are several key decisions for home sellers to make before they list their residences, including:

1. What Are My Future Plans?

After you sell your house, where will you live? You'll need to consider life after your home sale so that you can map out the home selling journey accordingly.

For example, if you've recently accepted a new job in a new state, you may need to sell your home as quickly as possible. This also may require you to find a new place to live immediately.

On the other hand, if you already have another residence lined up, you may be able to slow down the home selling process. This will ensure you can take your time, perform plenty of housing market research and do everything possible to maximize the value of your home sale.

2. How Much Is My Home Worth?

What you originally paid for your house is unlikely to match your home's present value. As such, you'll need to understand what your home is worth today so you can price it appropriately.

A home appraisal will make it easy for you to learn about your house's strengths and weaknesses. During this appraisal, a home inspector will examine your property's interior and exterior and identify any problem areas. Then, you can better understand the true value of your house.

Don't forget to look at the prices of comparable houses in your city or town too. This can provide you with valuable housing market data and help you understand whether you're getting ready to sell a home in a buyer's or seller's market.

3. What Can I Do to Enjoy a Fast, Seamless Home Selling Experience?

The home selling journey can be tricky, particularly for those who are preparing to sell a house for the first time. Lucky for you, real estate agents are available in cities and towns nationwide, and these housing market professionals can help you enjoy a fast, seamless home selling experience.

A real estate agent boasts comprehensive housing market experience. He or she can offer tips to help you revamp your house's interior and exterior before you add your residence to the real estate market. That way, you can boost your chances of a quick home sale.

Also, a real estate agent will go above and beyond the call of duty throughout the home selling journey. This housing market professional will set up home showings and open houses, keep you up to date about offers on your home and negotiate with homebuyers on your behalf. And if you ever have home selling questions, a real estate agent is happy to respond to your queries immediately.

Collaborate with a real estate agent as you prepare to embark on the home selling journey, and you can move one step closer to maximizing the value of your residence.

Posted by The Deborah Lucci Team on 2/20/2017

 Closet space can serve as a key differentiator for home sellers, particularly in a highly competitive real estate market. Fortunately, there are many quick, easy ways to revamp your closets, and ultimately, make them appear much larger. Here are five tips to help you transform ordinary closets into spacious ones instantly:

  1. 1. Install a pegboard. 

  2. Hang your belts, sunglasses and other accessories in your bedroom closet thanks to a pegboard.
With a high-quality pegboard in place, you'll be able to organize many items and access them without delay. After you list your home and begin showcasing it to prospective buyers, your self-installed pegboard is sure to make your bedroom closet stand out during any home tour.

  1. Take advantage of shoe shelves.
For those who want to organize their footwear, there may be no better option than shoe shelves. When it comes to selling your home, you'll want to do everything possible to make a distinct impression on prospective homebuyers. Thanks to shoe shelves, you'll be able to show interested parties exactly how much closet storage space they can enjoy if they purchase your home.

  1. Set up a mirror.
Mirror, mirror on the wall, who's the fairest of them all? Setting up a stunning mirror in your walk-in closet enables you to maximize your storage space and make a bold décor statement as well. Any fashionista is sure to appreciate a walk-in closet mirror. And for those who want to set their home apart from others, installing a mirror in a walk-in closet may make a world of difference in the eyes of homebuyers.

  1. Use shelf dividers.
Keep your blankets, clothing and other closet items organized thanks to top-of-the-line shelf dividers. Using shelf dividers ensures that every item in your closet has its own home and can be organized accordingly. Furthermore, these dividers guarantee you won't have to sacrifice closet space and can optimize the amount of storage space at your disposal consistently. Shelf dividers serve as great options to show others exactly what they can do with all of the closet space that is available in your home. \

  1. Get rid of clutter.
Clutter is a major problem for homeowners across the country, but those who gain control over their clutter can eliminate this problem. Try to clean out your closets every few months. This enables you to reduce the risk of clutter accumulating over an extended period of time. Also, focus on dividing your closet items into things you need and things you want. By doing so, you can put yourself in a better position to get rid of non-essential items regularly. By devoting the necessary time to maximize your closet space, you may be able to accelerate the process of selling your home. 

Remember, even minor features can help your residence stand out in a competitive real estate market, and those who are committed to distinguishing their home from others should evaluate the closet space available throughout their house.

Posted by The Deborah Lucci Team on 11/21/2016

There are countless reasons a homeowner might want to sell their home and buy another. Some want to move for a change of scenery or to relocate for work. Others are parents with a recently empty nest who want to downsize to something more affordable that meets their needs.

The good news for second time homebuyers is that you already have an idea of what to expect when buying a home. The research, paperwork, disappointments, and delays that come with buying a home can all be prepared for. However, if you have the burden of selling your old home, finding a temporary place to live, and then moving into a new one, your responsibilities can be doubled or tripled.

In this guide, we’ll go over how to prepare for selling your old home and moving into the new one. We’ll cover some common mistakes and offer some advice to keep you sane throughout this daunting (but exciting!) process.

Buying or selling first

For most homeowners, selling first makes the most sense financially. Holding onto a second house often means having to make two mortgage payments at once. Similarly, selling first will give you a much clearer idea of your budget for your new home.

Depending on market conditions, your home may or may not sell for as much as you were hoping. It’s important to keep this in mind before signing onto a new mortgage.

Moving logistics

Once you sell your home, you’ll have to work out living and storage arrangements until you are ready to move into your new home. It may seem easy at first--just rent for a couple months until your move-in date, right? It isn’t always that simple, however, as deals can sometimes fall through and you can find yourself with a move-out date from your own home without having finalized a deal on your new home. Because of this, many homeowners elect to may their current mortgage for an extra month or two until they can move in to their new home. 

Research your options for short-term living and storage in your area. See if you can work with moving companies who will give you a discount for helping you move twice; once to the storage facility and again to your new home.

One way around this is to time your move out and move-in dates so that you don’t have to worry about storage. Some homebuyers will even move into the new home before officially closing on the home (i.e., take possession before closing). While this may be convenient, it can also be dangerous for the buyer and the seller.

Plan meticulously

One of the best piece of advice we can give is to stick to your schedule and keep good records during your buying and selling processes. Make sure whoever buys your home is aware of your plans for moving out and that anything that could delay those plans (inspection issues, moving logistics) are taken care of.  

Keeping track of all this information can be difficult, so don’t be afraid to keep a daily list or planner of the things you need to take care of, and never be afraid to reach out to your real estate agent who will often be able to advise you on the best way to make your move as smooth a process as possible.