Tom Ruble - EXIT New Options Real Estate



Posted by Tom Ruble on 5/24/2019

There is a science to selling your home at the best price and within the shortest period of time, but it's not always an exact science!

Although you can't control market conditions, seasonal fluctuations, or the condition of your neighbors' property, you are still in the driver's seat when it comes to pricing, curb appeal, and the interior condition of your home.

Assuming there's no legal snags or major "red flags" about the condition or appearance or your home, the selling price you set may make the difference between a fast sale and house that lingers on the market for months on end. Many house hunters and (all) real estate agents are quite savvy about property values and real estate prices. If the selling price of your home is based on emotional factors or the amount of money you need to get back in order to purchase your next house, then there's a good chance you'll be pricing yourself out of the market. That's where your real estate agent comes in. They will help you set a realistic asking price that will favorably position it to similar properties in your neighborhood and community.

While everyone wants to get the maximum return on their real estate investment, there's usually a limited amount of "wiggle room" between the appraised value of your home and the amount of money a potential buyer would be willing to pay for it. Since it may be difficult for you, as a homeowner, to be objective when determining a realistic price for your home, it's often beneficial to have a comparative market analysis done by a real estate agent or professional appraiser.

Another reason for consulting with professionals involves the need to be objective about home improvements. Some home sellers have a difficult time accepting the fact that their asking price can't always reflect the full cost of recent home improvements. Home additions, updates, and recent remodeling work can have a positive impact on your home's asking price, but it's usually not a dollar-for-dollar return on investment.

If you're preparing to put your house on the market in the near future, it pays to do a little online research, have your property professionally appraised, and/or work with a real estate agent who will do a comparative analysis of your home's value. Other things you can do to increase the likelihood of getting your home sold quickly include a thorough top-to-bottom cleaning, applying a fresh coat of paint where needed, and "staging" your home to appeal to the widest variety of potential buyers. While that might include making some major changes to your home's décor, its landscaping, or even furniture arrangement, the rewards of a speedy sale often justify the effort and short-term inconvenience of getting your home ready for the close scrutiny of house hunters, home inspectors, and buyers' agents!





Posted by Tom Ruble on 3/15/2019

Although a home seller wants to enjoy a quick, seamless home selling experience, problems sometimes can arise along the way. And if a home seller is not careful, these issues may cause him or her to encounter one of the dreaded home selling worst-case scenarios.

Ultimately, there are many home selling worst-case scenarios that a seller should try to avoid at all costs, and these scenarios include:

1. A home is priced too high.

A home seller should establish a competitive price for his or her residence from the get-go. Because failure to do so could force a residence to linger on the housing market for weeks, months or years.

To determine a competitive price, it helps to conduct plenty of real estate market research. Looking at the prices of recently sold houses in your city or town can help you determine whether you're preparing to enter a buyer's or seller's market. Also, examining the prices of comparable houses in your area can help you narrow your price range.

Furthermore, a property appraisal is a viable option for all home sellers, at all times. During an appraisal, a home expert will assess your residence and provide a property valuation. Then, you can use the property valuation to price your home accordingly.

2. A homebuyer requests a price reduction or major repairs after an inspection.

A home inspection generally takes place a few days after a seller accepts a buyer's offer on a residence. If this inspection reveals a wide array of home problems, it could jeopardize a potential sale.

It often helps to complete a home inspection before listing a residence. This inspection allows a seller to identify any home problems and resolve these issues immediately.

In addition, a home seller should understand his or her options after an inspection that reveals myriad home problems.

If a buyer requests a price reduction or home repairs after an inspection, a seller can agree to the buyer's terms or counter a buyer's proposal. Or, if a seller feels a buyer is being unreasonable, he or she can walk away from a home sale and relist his or her residence.

3. A home seller hires a real estate agent who lacks comprehensive industry experience.

If a seller hires a real estate agent who lacks comprehensive industry experience, he or she risks a long, arduous home selling experience.

There is no need to hire an inexperienced real estate agent. In fact, dozens of top-notch real estate agents are available nationwide, and these housing market professionals can help you achieve your home selling goals in no time at all.

The ideal real estate agent will know the ins and outs of the housing market. Plus, he or she will be able to guide you along each stage of the home selling journey and do whatever it takes to promote your residence to the right groups of buyers.

Enjoy a fast, profitable and worry-free home selling experience – consider the aforementioned home selling worst-case scenarios, and you can minimize risk throughout the home selling journey.




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Posted by Tom Ruble on 2/15/2019

If you plan to sell your home, it often is a good idea to learn about property showings. That way, you can prepare for showings and boost the likelihood of a fast, profitable property selling experience.

Now, let's take a look at three things that sellers need to know about home showings.

1. A showing may make or break the house selling journey.

As a house seller, you only get one chance to make a positive first impression on a potential buyer. And if your home fails to impress a buyer, this individual is likely to move on to other residences.

By taking care of your home, you can make it easy for a buyer to fall in love with your residence during a showing. In fact, completing home maintenance tasks can make a world of difference in the eyes of property buyers.

Mowing the front lawn and trimming the hedges can help you bolster your residence's curb appeal. Meanwhile, removing clutter, vacuuming the rugs and scrubbing the floors enables you to improve your home's interior. And if you perform these home maintenance tasks prior to a showing, you can help a buyer envision what life may be like if he or she purchases your residence.

2. Even an unsuccessful home showing provides a valuable learning opportunity.

If a home showing fails to result in an offer to purchase your home, there is no need to worry. A home seller should view each showing as a learning opportunity and use it to find ways to upgrade his or her residence.

Remember, there is always room for improvement, especially when it comes to differentiating your house in a competitive real estate market. And if you take a buyer's feedback after a showing to heart, you can use this feedback to explore innovative ways to improve the look and feel of your home.

3. A home seller should strive to be flexible with property showing requests.

Ultimately, a seller may receive home showing requests on short notice. And in these instances, it helps to accommodate buyers' requests.

If a seller is willing to temporarily vacate his or her house to accommodate a last-minute showing request, this individual can make it simple for buyers to view the residence without delay. As a result, this seller can show his or her house to many potential buyers to speed up the property selling cycle.

As you get ready to show your residence to buyers, it usually helps to hire a real estate agent. This housing market professional can teach you everything you need to know about the house selling journey and ensure you are fully prepared for any challenges that may come your way. Best of all, a real estate agent will do everything possible to help you promote your residence to dozens of prospective buyers so you can maximize your home sale earnings.

Hire a real estate agent today, and you can start showing your residence to potential buyers.




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Posted by Tom Ruble on 2/8/2019

Selling a house requires special tactics, it can be stressful for first timers, and the pressure even becomes greater when there is a need to close the sale before moving into a new home. You will find the following simple suggestions highly effective in getting your house sold.

  • Enhance the curb appeal. Curb appeal means how attractive your house looks to people on the outside. Little things like upgrading the exterior paint job, replacing the number plate, doorbell, and other external fittings or even mowing the lawn will all add up to make your house appeal to the buyer looking on from the outside.
  • Take amazing pictures. You cannot overemphasize the power that a beautiful image holds in making your house more appealing to new buyers. The saying is that a picture can be worth more than a thousand words and it is very accurate when it comes to house listing as well. You want to make sure that you avoid unattractive pictures. Using a professional photographer to make sure that your photos are high quality with adequate lighting is very important. Unless your cell phone camera is super good, you probably shouldn’t use it.
  • Tidy up the interiors. A tidy inside space might be what is needed to help your buyers make the final decision. Take away your personal touches and lay aside your preferences. The objective is to make it look like a home they can live in, and having too much of your personal items might be a distraction as it makes it harder for them to picture themselves living in a home that still has your pictures on the wall.
  • Write a captivating listing copy. A compelling description makes potential buyers of your house have an idea about living in your house. You should talk about any advantages your neighborhood has, such as proximity to a major relaxation center, schools or shopping malls. Let the buyer feel that your house is unique with your words. If you need assistance with a good description, talk to a professional writer for help.

These are essential factors that will help you attract the right buyer to your house, convince them of your best offerings and close that sale speedily.




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Posted by Tom Ruble on 12/14/2018

A bathroom renovation represents a major decision, especially for those who plan to sell their homes in the near future.

Ultimately, there are many questions to consider before you embark on a bathroom renovation, including:

1. When do I plan to list my home?

Consider your home selling timeline – you'll be glad you did. If you understand when you'd like to list your residence, you can plan home improvement projects accordingly.

If you intend to list your home in the next few months, there is plenty of time to overhaul your bathroom if necessary. Or, if you want to sell your home as soon as possible, a bathroom renovation may slow you down.

2. Is a bathroom renovation necessary?

Although your bathroom may seem small and messy at times, only minor bathroom upgrades may be needed to transform your ordinary bathroom into an exceptional one.

Performing an extensive bathroom cleaning will enable you to eliminate shower scum, wipe down a bathroom countertop and enhance the bathroom floor. Plus, cleaning a bathroom often represents a fast, easy and cost-effective alternative to a major bathroom overhaul.

Furthermore, a home appraisal may help you better understand your house's strengths and weaknesses. After this appraisal is finished, you can identify problem areas in your home and determine whether a bathroom renovation is a priority.

3. How much will a bathroom renovation cost?

The cost of a bathroom renovation may range from hundreds to thousands of dollars based on the size of your bathroom, the renovations that are needed and other factors. As such, you'll want to evaluate the cost of a bathroom renovation to determine how the project may impact your property's value.

Meet with several bathroom renovation experts. That way, you can receive multiple bathroom renovation estimates to see what it will cost to enhance your bathroom's appearance.

Also, you may want to consider do-it-yourself (DIY) bathroom improvements. A DIY bathroom renovation can be rewarding because it will enable you to learn new skills and revamp your bathroom's appearance on your own. At the same time, you'll want to ensure that any bathroom upgrades you complete are done safely and effectively.

Still unsure about whether you should perform a bathroom renovation? Discuss your concerns and questions with a real estate agent, and you may be able to gain unparalleled insights into whether a bathroom renovation is worth your time.

A real estate agent understands the ins and outs of the housing market. He or she can help you assess the pros and cons of a bathroom renovation. As a result, you can make informed decisions about a bathroom renovation and other home improvement projects.

In addition, a real estate agent can serve as an expert guide along the home selling journey. This housing market professional can help you get your home ready and ensure it will generate plenty of interest from property buyers as soon as it becomes available.

Take the guesswork out of a bathroom renovation – consider the aforementioned questions, and you can decide whether a bathroom renovation is right for you.




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