Millennium Realty



Posted by Millennium Realty on 5/10/2018

For those who want to sell a house as quickly as possible, it often helps to think about what will happen after you list your residence. That way, you can plan ahead for the home selling journey and minimize the risk of potential roadblocks that otherwise may prevent you from achieving your property selling goals.

Ultimately, there are many questions for a seller to consider before listing a house. These include:

1. What makes my home unique?

No two houses are exactly alike, yet differentiating one home from another in a competitive real estate market may prove to be difficult. Fortunately, a seller who understands a residence's strengths and weaknesses can determine what makes his or her house unique. This seller then can develop a strategy to promote his or her residence to the right groups of prospective buyers.

Sometimes, it is beneficial to conduct a home inspection prior to listing a residence. With an inspection report in hand, a seller can analyze a house's strengths and weaknesses. This seller next can use the inspection report to prioritize home upgrades and find innovative ways to differentiate his or her residence from the competition.

2. How much is my home worth?

What you originally paid for your home is unlikely to match your residence's current value, regardless of when you bought your house. Thankfully, you can conduct a home appraisal to receive an accurate property valuation.

A home appraisal frequently helps a seller establish a competitive initial asking price for his or her house. After a home appraisal, it takes only a few days for a seller to receive an appraisal report. And once this report becomes available, a seller can use it to set an aggressive price for his or her house Ė something that may help this residence generate lots of interest from potential buyers.

3. Do I need to hire a real estate agent?

Hiring a real estate agent may be crucial, particularly for a seller who is uncertain about how to navigate the property selling journey. A real estate agent will help a seller develop a plan to quickly sell his or her house. Plus, a real estate agent will do whatever it takes to help a seller optimize his or her home sale earnings.

In addition, a real estate agent wants to help a home seller make informed decisions. He or she will educate a seller about the local housing market and ensure this individual understands all aspects of the home selling journey. And if a seller ever has concerns or questions during the home selling process, a real estate agent can provide immediate responses.

When it comes to selling a house, it is beneficial for a seller to prepare for the property selling journey. If a seller knows what to expect after he or she lists a residence, this individual can plan accordingly. Perhaps most important, a seller can map out the home selling journey and take the necessary steps to ensure a quick, seamless and profitable property selling experience.




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Posted by Millennium Realty on 4/26/2018

As a first-time home seller, you may feel the need to make a counter-offer based on a homebuyer's initial proposal. However, if the homebuyer rejects your counter-offer, you may be forced to return to square one in your efforts to sell your house and obtain the best price for it.

A homebuyer's rejection of a counter-proposal is not the end of a home selling journey. And for home sellers who know how to proceed after a counter-proposal is rejected, they may be able to streamline the process of getting the optimal price for any residence, at any time.

Now, let's take a look at three tips that a first-time home seller can use to handle a rejected counter-proposal on his or her house.

1. Consider the Homebuyer's Perspective

Why did a homebuyer reject your counter-proposal? A first-time home seller should consider why a homebuyer decided to move on from a house after a counter-proposal was submitted and learn from the experience.

For example, if a home seller held firm on his or her home price, a homebuyer may have been unwilling to pay this amount. Thus, a home seller may want to consider lowering the price of his or her residence in to help stir up interest from large groups of potential homebuyers.

2. Review All of Your Options

A first-time home seller who submits a counter-proposal and receives a rejection from a homebuyer still has plenty of options, regardless of the current state of the housing market.

For instance, a home seller can keep the price of his or her house intact. Then, this home seller can await potential offers that match or exceed his or her expectations.

On the other hand, a home seller may choose to conduct assorted home improvements to upgrade his or her house's interior and exterior. These upgrades can make a world of difference in the eyes of homebuyers, and as a result, may make a home more attractive than other residences that are currently available.

3. Collaborate with a Real Estate Agent

A real estate agent is a difference-maker for a first-time home seller, and for good reason. This housing market professional can offer expert guidance that a home seller may struggle to obtain elsewhere and ensure that a property seller can make informed decisions at each stage of the home selling journey.

With a real estate agent at your side, you can map out your next steps in the home selling journey accordingly.

Typically, a real estate agent will be able to tell you why a homebuyer rejected a counter-proposal on your residence. As such, you can learn from the experience and gain the insights you need to prevent the same problem from happening once again.

Selling a home can be difficult, particularly for those who have listed a residence for the first time. A real estate agent will help you take the guesswork out of selling your residence and do everything possible to ensure you can get the best possible price for your house.

Ready to overcome a rejected counter-proposal on your home? Use these tips, and you can proceed with confidence along the home selling journey.




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Posted by Millennium Realty on 3/1/2018

Receiving a low offer on a home can be frustrating for a seller. But, youíre likely to see at least one or two offers on your property that are lower than you would like.

Right now, the housing market is filled with young professionals burdened with student loans, rising costs of living, and stagnating wages. So, itís no wonder that theyíre trying to save money anywhere they can.

In todayís post, weíre going to talk about what to do when you get a low offer so you can set yourself up for a sale that youíre happy with.

Donít refuse outright

The first thing to know about low offers is that they can sometimes turn into something that both you and the buyer are happy with. Many successful home sales started at a number that the seller considered too low, but--through negotiation--was brought to a higher price and better deal overall.

Many sellers are uncomfortable with the idea of negotiation. Most people seldom negotiate prices unless they are buying a car, and even then would prefer to avoid the hassle.

For others, negotiation is a normal part of everyday life. Flatout refusing an offer, especially if you arenít receiving many other higher offers, could be a missed opportunity.

Compare your asking price with similar homes nearby

Odds are that you and your agent have already done your research and found an asking price that is comparable in your neighborhood. But home prices fluctuate. To reassure yourself that your asking price is fair, take another look at homes up for sale that are around the same age and size of your home.

Take time to craft a counteroffer

Once youíve had time to talk the offer over with your family and real estate agent (and maybe vented a bit), itís time to come up with a counteroffer.

There are a few options for making a counteroffer that donít involve significantly lowering the amount you stand to gain from the home sale. First, you could offer to relieve the buyer of some of the closing costs, such as paying for the inspection. Or, if you planned on leaving new appliances in the home, you could lower your asking price but take the appliances when you move.

Weigh your options

If the buyer still wonít raise their offer close to your asking price, itís probably a good time to move on and rethink your sale strategy.

Take some time to consider the sale as a whole. If you arenít receiving many other offers, it might be time to consider lowering to price or rethinking your marketing plan. You might consider repainting and taking new photos, or changing up your listing to highlight some other features of the house.





Posted by Millennium Realty on 2/22/2018

The home selling process should be quick, particularly for those who offer great houses at competitive prices. However, problems may arise that prevent an individual from enjoying a seamless home selling experience.

When it comes to selling a house as quickly as possible, it generally is a good idea to be proactive. That way, you can resolve any potential home problems before you add your house to the real estate market. A proactive approach to selling a house also may enable you to minimize the risk of encountering time-intensive problems throughout the home selling journey.

Now, let's take a look at three tips to help you avoid delays as you sell your house.

1. Perform a House Inspection

A home inspection typically is requested by a homebuyer after his or her offer is accepted on a house. Conversely, a home seller can perform an inspection prior to listing a residence to identify home issues and fix these problems right away.

During a house inspection, a property expert will examine a residence both inside and out. He or she then will provide an inspection report that offers comprehensive insights into a residence's condition.

A home seller should assess the results of an inspection report closely. By doing so, a seller can prioritize myriad home repairs and alleviate these issues. And as a result, a seller can prevent such problems from potentially stopping a home sale at a later time.

2. Establish an Aggressive Initial Asking Price

The price that a seller sets for his or her house can have a major impact on how quickly the home selling journey progresses. If a seller establishes an aggressive initial asking price for his or her residence, this individual may boost the likelihood of a fast home selling journey.

Remember, homebuyers are searching for residences that deliver the ideal mix of quality and affordability. If you price your residence competitively based on the current housing market's conditions, homebuyers may choose to pursue your house over others that are available. Then, it may be only a matter of time before you receive multiple offers on your house that are at or above your residence's initial asking price.

3. Collaborate with a Real Estate Agent

If you're worried about encountering time-intensive problems during the house selling journey, there is no need to stress. For those who hire a real estate agent, you can get the support you need to address any potential home selling problems.

A real estate agent possesses the skills and know-how to help you simplify the home selling journey. He or she is happy to provide expert recommendations as you proceed along this journey. And if you ever have concerns or questions about selling your house, a real estate agent is ready to respond to them.

Want to accelerate the home selling journey? Use the aforementioned tips, and you can limit the risk of encountering potential hurdles that otherwise could slow you down as you sell your house.




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Posted by Millennium Realty on 1/25/2018

If you own a dog, cat or other pets and plan to list your residence soon, there may be no time like the present to conduct an in-depth home cleaning. By performing extensive home cleaning, you can eliminate pet odors from your residence and ensure that your house is show-ready.

Ultimately, there are many quick, easy ways to remove pet odors from your house, including:

1. Wash your pet regularly.

When was the last time that you gave your pet a bath? If it's been a few months, now may be the perfect time to wash your pet thoroughly.

Ideally, you should bathe your pet at least every two weeks. This will help reduce the risk of pet odors that can emanate throughout your residence.

To bathe your pet properly, it is paramount to eliminate loose fur during the lathering process. Also, use a drain cover in your bathtub or shower to prevent pet hair from clogging the drain.

2. Clean your pet's bed.

Pet beds may be used frequently, and as a result, can collect assorted pet odors over time. Fortunately, these beds usually are simple to clean.

In many instances, pet beds are machine-washable. Look at the tag attached to the bed itself, and you likely will find instructions about how to wash this bed.

Also, be sure to clean your pet's bed on a monthly basis, at the very least. This will ensure pet odors won't linger for an extended period of time.

3. Don't hesitate to reach out for professional assistance.

As a home seller, it is essential to do everything possible to keep your house looking and smelling great. Thus, if vacuuming the furniture, scrubbing the floors and other home cleaning tasks aren't enough to eliminate pet odors, it may be worthwhile to reach out to a professional home cleaning company for extra help.

A home cleaning company will allocate significant time and resources to clean your residence from top to bottom. That way, your home will look show-ready in no time at all.

Perhaps best of all, a home cleaning company always employs friendly, diligent staff members who are happy to help you in any way possible. These staff members will make it easy to remove pet odors from your residence and can even offer expert guidance to prevent these odors from returning to your home.

Lastly, if you need help selecting a home cleaning company, a real estate agent may be able to assist you.

A real estate agent can provide insights into the top home cleaning companies in a particular city or town. He or she also can serve as a guide throughout the home selling journey, ensuring that you can showcase your residence to the right groups of homebuyers.

If you're struggling to remove pet odors from your residence, you're not alone. But with the aforementioned tips, any home seller can quickly and effortlessly eliminate pet odors from a home, thereby increasing the likelihood of a fast, profitable home sale.




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