Jena Khabazeh's Blog
A buyer's market can challenge even the most diligent home seller. Fortunately, we're here to help you stir up plenty of interest in your house, regardless of the current housing market's conditions.
Now, let's take a look at three tips to help you get ready to sell your residence in a buyer's market.
1. Assess the Housing Market
You know a buyer's market favors homebuyers over home sellers, but you still have no idea how this market operates. Fortunately, if you allocate time and resources to learn about the local real estate sector, you'll be better equipped than ever before to maximize the value of your home.
Take a look at the prices of recently sold houses in your city or town. That way, you can see how long these homes are generally available before they sell. You also can examine the sold prices of these houses to better understand how you should price your residence.
Furthermore, you should assess the prices of available houses in your city or town that are similar to your own. This housing market data can help you establish a competitive price for your residence from day one.
2. Perform a Home Inspection
A home inspection commonly is performed after a seller accepts a buyer's offer on a house. However, if you perform an inspection before you add your residence to a buyer's market, you can take a proactive approach to address various home problems.
During a home inspection, a property expert will examine your residence and detail his or her findings. You then can use the home inspection results to prioritize home improvement projects and upgrade your residence. As a result, you can enhance your house and find ways to differentiate it from the competition.
3. Consult with a Real Estate Agent
Selling a home in a buyer's market is exceedingly difficult, especially for those who choose to work alone. Thankfully, real estate agents are available to guide you along the home selling journey and ensure you can achieve the optimal results.
By hiring a real estate agent, you can receive extensive assistance at each stage of the home selling journey, even in a buyer's market. First, a real estate agent will learn about you and your home, as well as your home selling goals. This housing market professional then will offer recommendations to help you enhance your home and ensure it stands out to potential buyers. Next, a real estate agent will list your residence and host open house events and home showings. And if a buyer submits an offer on your house, a real estate agent will help you review this proposal and make an informed decision.
When it comes to selling a home in a buyer's market, there is no need to worry. Take advantage of the aforementioned tips, and you can separate your residence from the competition and boost the likelihood of a profitable home sale.
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Volunteering is a great way to begin to engage with your new community. It is also a great way to get your kids involved in their neighborhood, and it provides an excellent teaching and growth opportunity for you and your children. You can start teaching your kids empathy and instill care for their community and world early in life. Even if your little ones are toddlers or elementary students, they can absolutely get involved. So, what options are the best for you and your young children?
- Adopt more grandparents: Establish a weekly or bi-weekly trip with your kids visiting a retirement community in your area. Teach your kids to make friends and engage with elderly residents. Bring games to play with their newly adopted grandparents and make cards or draw pictures at home to bring on each visit.
- Adopt a family or child: During back-to-school time or over the holidays adopt a family or child with your kids. Inform them about the reason the family is in need and what you and your children can do to help. Bring them with you to the store and let them select the notebooks, mechanical pencils, toys and necessities to support the family.
- Community clean up: Your kids can participate in keeping their community beautiful from an early age. From your street to your neighborhood, local park or community wildlife center it’s easy to start teaching your kids to preserve their environment with simple trash pickup.
- Serve meals or donate food: For holidays, or any day of the year, take your kids with you to a shelter or soup kitchen and teach them to give service to those less fortunate. Take your kids to the store to select necessities and canned goods to donate to a food pantry or deliver to homeless you see on the street. By interacting with those in need and offering your services, you can teach your kids compassion and understanding by introducing them to different walks of life.
- Walk for charity: Make a plan with your kids to join a walk for charity. There are many opportunities for your family participate in charitable walks so start by brainstorming with your kids to determine what charity they want to support. Help them prepare paperwork to ask for donations and practice their requests, then help them learn to follow through by walking with them on the day of the charity walk.
- Bring joy to a children’s ward: Commit to a weekly or monthly hospital visit you’re your kids to visit other sick children. Make get-well-soon cards, bring games to play or give out candy and gifts at Halloween, Christmas, Valentine’s and Easter. Visiting children in need will teach gratitude and empathy to your kids.
- Community garden: Teach your kids skills and give them the means to contribute to their community by helping plant and cultivate your local community garden. Work with them to learn which plants will work best in the environment, which will most benefit the neighborhood, and how to care for the plants over time.
- Visit an animal shelter: Volunteer to walk dogs or play with cats or rabbits with your kids. Sign up for a pet adoption day and have your kids help introduce other kids to new animals for their family. You can even make no-sew toys for cats and dogs at home, using old t-shirts or jeans, and bring the toys to the shelter to donate.
- Random acts of kindness: Teach your kids to engage in random acts of kindness to show them how to recognize goodness and need in the world and establish in them the habit of always looking for in-the-moment opportunities to do something nice for others. Make sweet little cards at home with candy inside that say "Thank you!" or "Have a great day!." Have them pay attention during errand outings for cashiers, sales clerks or random people in the store that might need a pick-me-up or just for someone to recognize them. Teach them to help their neighbors by offering to help unload groceries, rake the lawn or walk the dog.
There are many ways to start getting your kids involved in and concerned about bettering their community and the world at large early in life. Start when they’re young and continue instilling in them an ongoing desire to contribute.