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How You Can Get The Full Selling Price You Want For Your Home

Want to sell fast? Who doesn’t?  It’s not like homeowners want to sit forever on the market just waiting for the perfect offer or, better yet, an overpriced offer to come along. However, in this tough market, it does take some knowledge, education, and tactics to get the right buyers in the door and the right offers on the table for a fast sale. Here are some tricks of the trade if you’re considering selling your home in the Barrington, Schaumburg or Roselle Illinois area.

Listing Tactic: Adding A Buffer

Sold Home For Sale Sign in Front of New House

 While it’s not always a good idea to overprice your home, it is a good idea to add a little bit of a buffer. This means that if you know you want to get about $500,000 for your home you should list your home at about $510,000 or $515,000. Buyers know that you might be able to come down a little bit and if there’s enough of the demand you might actually get the higher priced within the first week or two. However, this is not the only tactic to get the price you want, it is only one of many pieces of the home selling puzzle.

Appeal to those buyers:

 You always want to appeal to a wide variety of buyers and by pricing it correctly you’re going to get the right buyer through the door that’s looking in that price range. The key is to offer more than your closest competition for a little less. Let’s say there’s a home down the street that is very similar to yours but perhaps you have an extra bathroom or a little bit more square  footage. Make sure you emphasize how much more the buyer would beginning for a little less price. Perhaps the house down the street is priced at $520,000 when you are priced at $510,000. Buyers see a little bit more value in your home that’s priceless but gives them more.

Know Your Competition:

 This brings me to your competition. If you don’t know your competition how can you compete? Make sure you understand what else is on the market and the other homes that buyers are viewing. By touring open houses, checking out the images and pictures online of homes in similar price ranges and understanding the market can put you light years ahead of your competition. Simply offering something that your competition is not offering, as we said previously, can work wonders to getting a better offer.

Increase Desire: Have Your Home Staged

Now, while not everyone can pay hundreds of dollars to have their home professionally staged, you can’t take tips and suggestions on either a low-cost consultation or by browsing model showrooms. This is usually the best and least expensive way to get a great idea of what today’s modern buyers are looking for.  Arm yourself with your camera and a notepad and visit a lot of brand-new homes that might have a model showroom on site. If you feel more comfortable you can certainly visit any of these model homes with me, your listing agent, taking tips, tricks and information on colors, layout, format and design. Pay close attention to decorations, wall art, kitchen layout and floor plan. Sometimes less is more so make sure that you remove a lot of the items that are simply taking up space and clutter.

Read more: How to make your home look luxurious on a budget

Appeal To Online Shoppers With Professional Photos

 Those online photos of your home will be most home buyers first impressions. If you can, it’s best to get professional photos. Speak to your real estate agent about professional photos when it comes to listing and marketing your Barrington home.

Always Say Yes To Showings

You should also apply importance to showings, and ensure that each showing request is promptly responded to with an easy “yes.”

If you put these tactics into your home selling plan, you will find that it will be much easier to obtain more interest from buyers. And with more interest, it will be much more likely that you will be able to obtain the price you want for your home. So don’t underestimate the importance of these factors, and discuss them today with your trusted Barrington IL real estate professional. 

For more helpful tips and info about the purchase or sale of your South Barrington, Barrington, Schaumburg, and Chicago NorthWest Suburbs Home, Contact “Stevie D.” at anytime … Direct # (630) 479-9479.

 

Is It A Good Idea To Buy A New Home Before You Sell Your Old One?

Before buying in South Barrington, Barrington, Schaumburg, Streamwood, Hoffman Estates, Roselle, Bartlett or anywhere in the country, should you try and sell your existing home first? It really comes down to market, finances and the home. Let’s address each one separately.

Personal Finances And Mortgages

It may simply come down to whether or not you can afford to mortgages at the same time. If you don’t sell one home and purchase another, you may be obligated to be paying both mortgages at the same time which could put a strain on your monthly finances and budget. If you are approved for new home before selling your old one most likely you can’t afford to mortgages then it comes down to, do you want to? There are bridge loans that transfer from one ownership to the other but this also can be more complicated and can add undue stress to buying and selling a home.

Buying Before Selling In A Slow Market

In a slow market, it is typically not a good idea to purchase a new home before selling your current home, since these kinds of markets are characterized by a significantly greater number of sellers than buyers. In a slow market, or buyer’s market, homes take much longer to sell, and the longer they remain on the market, the more difficult the sale tends to become. If you aren’t very aggressive on the price point of your current home, this also causes more restrictions and a greater risk of having two mortgages to pay because of the inability to sell.

What About A Hot Market?

A hot market (or seller’s market) can often mean higher pressure; there are many buyers on the market and fewer sellers, and all of the good homes are getting snatched up quite quickly because they are harder to find. In these markets, it’s typical for prospective buyers to find their next dream home before even putting their current home on the market. These situations often lead to buying before selling as a result of pure enthusiasm and competitiveness for the new home.

Buying another home before selling yours can get very tricky and you might find that buyers will not accept an offer contingent on the sale of another home. This can be extremely risky, however, selling a home without another home purchase on the horizon can also be stressful. It all depends on your price point, how desirable your home is and the market. Be sure to check with me if you have any questions and we can figure this out together. I can offer my advice and counsel on real estate sales and purchases throughout the Barrington, Roselle and Schaumburg Illinois real estate area.

How To Make Your Home Look More Luxurious On A Budget

Do you browse through home staging magazines and the HGTV channel wishing your home could look as luxurious as they make it? Well, it doesn’t have to cost million dollars to look like it. Every home is unique but by adding a few touches here and there you can really make your property stand out among the crowd.

Here are a few great ideas that don’t have to cost a lot, they just require a little bit of planning and some elbow grease and they will take your home from ordinary to luxury.

Mount your curtains at ceiling level rather than the top of the windows. This draws the eye upwards and gives the illusion of high ceilings.

Paint your interior doors a sleek and shiny shade of black. This looks very modern and sophisticated and is much cheaper than buying expensive doors.

If your home doesn’t have crown moulding, paint a white band around the ceiling to create the look.

The little details can make a big difference when it comes to making a home look elegant and luxurious. Add in finishing touches such as a beautiful glass vase, a stack of coffee table books, fresh flowers or a piece of artwork.

Remember, less is more and a cluttered house will not create the impression of luxury. Eliminate as much clutter as possible, making your home seem more spacious and sophisticated.

Lighting can also have a big impact on how luxurious your home appears. Invest in a few beautiful and stylish lamps, or a chandelier, and you will transform the entire space.

When choosing fabrics for accessories and upholstery, go for fabrics that have a luxurious texture such as velvet, satin or fur. They can be faux to make them cheaper, but they will still add to the luxurious look.

You can take simple and cheap accessories such as a candle holder or a vase from the dollar store and then paint them with gold paint. They will have a luxurious look, for much less than the real thing!

These are just a few ideas that you can incorporate into your home décor of your South Barrington, Barrington, Schaumburg, Bartlett, Roselle, or Chicago and Northwest Suburbs home, in order to make it look and feel more luxurious. When you’re ready to sell your home call on me. I would love to help you stage and sell your Barrington or Schaumburg real estate today.

Cutting Edge Home Decor Trends

Your South Barrington, Barrington, Schaumburg, Bartlett, Roselle, Streamwood, or Chicago and Northwest Suburbs Home, is your castle and its decor is a unique artistic expression of your tastes and aesthetic. In order to keep your home decor looking fresh and up to date rather than stale, it’s important to pay attention to the trends as they shift and change. This is especially important if you are selling your home, because outdated décor can make a negative first impression on the buyer.

If you are planning a remodel or simply a redecoration this year either for yourself or because you are selling your home, follow these 3 simple tricks to get the look that everyone wants.

A Breath Of Fresh Air

Benjamin Moore Paints announced their Color of the Year, which is a powdery sky blue hue or pale grey called “Breath of Fresh Air”.  This gentle pastel color offers a good compliment to neutral tones and hues as well as most shades of greens and blues. It appears modern, fresh and it a vibrant addition to many living rooms, dining rooms and bathrooms.

Pattern Trends

Color blocking is so last year! The hottest thing at the moment is patterns that have a white background and a historic themed repeating print. This print includes wallpaper, drapes or fabrics with a floral print or a vintage design on white. Geometric shapes, especially triangles and chevrons are also very big and can offer a luxurious look on a budget. These are often seen in bright and vibrant colours, sometimes also with a white background.

A Touch Of Handmade Elegance

Another interesting home décor trend of the moment is incorporating hand-made items into the room. This could include a hand-knit throw that is draped over a sofa, or an embroidered cushion. If you are crafty, you could make these items yourself. Otherwise, you could purchase these one of a kind pieces from your local artisans or only at shops such as Etsy.com.

These are just a few hot 2018 home décor trends to get you started on your decorating project. Be creative and have fun while decorating your South Barrington, Barrington, Schaumburg, Bartlett, Roselle, Streamwood or Chicago and Northwest Suburbs Home, so that you can create a unique and original place where you will feel happy and inspired. Image by Poshsurfside Flickr

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