Sally Malsch, CRS, GRI, ABR, SRES, ePRO
Five College REALTORS ģ | 413-519-4465 | sally@sallymalsch.com


Posted by Sally Malsch on 2/14/2018

A confident home seller is a unique individual, and perhaps it is easy to understand why. In fact, this individual likely possesses many traits that are sure to help him or her enjoy a successful home selling experience.

Now, let's take a look at three key attributes of a confident home seller to better understand this individual's approach to the housing market.

1. Proactive

A confident home seller may be more likely than others to go above and beyond the call of duty to ensure the best-possible results. As such, he or she will do what it takes to list a home and promote it to the right groups of buyers, which may result in a fast, seamless home selling journey.

With a proactive approach, any home seller can boost his or her confidence. Taking a proactive approach may even help a home seller maximize his or her home sale earnings too.

Typically, a proactive home seller will allocate time and resources to improve his or her house's interior and exterior. Because if a home stands out from the competition, the probability of a quick and profitable home sale will increase.

A proactive home seller also won't settle for subpar results. Instead, this seller will constantly search for ways to improve his or her home, as well as explore new opportunities to promote his or her house to buyers.

2. Knowledgeable

A confident home seller is willing to learn new things. Thus, he or she may be willing to learn about the housing market to discover innovative ways to speed up the home selling process.

To learn about the housing market, it generally helps to meet with a real estate agent. This housing market expert can teach a home seller about different aspects of the real estate market. And if a home seller has housing market questions, a real estate agent can respond to them immediately.

Furthermore, a real estate agent is happy to help a home seller build his or her confidence. This housing market professional can offer tips and recommendations throughout the home selling journey, ensuring a home seller can make informed decisions as this journey progresses.

3. Patient

A confident home seller understands that no home selling experience is perfect, and various home selling hurdles may arise along the way. Fortunately, this seller also knows how to stay calm, cool and collected under pressure.

As a confident home seller, an individual will stay patient, even when the worst-case home selling scenarios occur. This individual will be able to look at the big picture throughout the home selling journey. Perhaps most important, a confident home seller won't let small problems escalate; conversely, he or she will try to quickly resolve problems and take the necessary steps to prevent them from happening once again.

Becoming a confident home seller is no small feat. But if you understand the key attributes of a confident home seller, you can build your real estate expertise and work toward achieving the optimal results during the home selling journey.




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Posted by Sally Malsch on 4/26/2017

If this is your first time selling a home, you might not be familiar with the costs associated with selling. Lenders and agents help to make this process as simple as possible for both the buyer and seller. However, itís still a good idea to know what to expect to pay for selling your home, as it seems counter-intuitive that you would have to pay to sell something.

Due to the consolidation of costs by lenders, it can be easy to glaze over the list of closing expenses without fully knowing what they mean. But since many fees can be negotiated, it pays to learn the ins and outs of closing costs.

Whether youíre selling your home soon or just want to brush up on real estate processes, this article will give you a better understanding of closing costs from the perspective of a seller.

Closing costs

Buyers typically pay the majority of the closing costs associated with purchasing a home. However, there are some closing costs that buyers are at least partially responsible for.

Notary fees, expenses from escrow, and title insurance are all likely costs youíll have to dish out before closing.

Agent fees

Real estate agents typically earn a commission on selling a house. The work they put in saves you in several ways. First, you donít have to pay for all of the marketing expenses associated with selling a home. This includes photography, sign-making, and online listings.

Agents can save you in other ways, as well. Theyíll help you price your home effectively, negotiate prices, and take care of the time-intensive process of showing your house. You wonít want to have to take time off from work to try to DIY these steps.

Taxes

Since youíve likely owned your home for a while now, youíre familiar with paying property taxes. If you pay taxes yearly and are moving toward the end of your pay cycle, youíll have to pay a prorated rate for the amount of time youíve lived in the home that year.

The burden is also yours for any remaining HOA fees and state transfer taxes. Not every state charges transfer taxes so be sure to check the cost for your state.

Moving costs

Moving can be an expensive endeavor. Aside from hiring movers, renting vans, or buying boxes, there are a number of expenses we donít often think of when preparing to move.

First, it will take you a while to get your new home set up. That means you should be prepared to eat out for a while until you get settled.

On top of that, thereís also the matter of having to take days off from work, which can be costly in its own right.

Those are some of the most common expenses a buyer has to worry about during closing. Your real estate agent will be able to give you a comprehensive rundown of costs and help you find the best agreement.





Posted by Sally Malsch on 4/12/2017

Curb appeal may very well be one of the most important aspects of a home to spruce up when selling. Why is this, you ask? First impressions. Whether it be an open house or an individual showing, the outside of a house is the first thing a homebuyer physically sees. And itís their first impression of your home. First impressions set the pace of a showing. If the landscaping is lacking or nonexistent and the homebuyer is not excited to be viewing your home then it could leave them with a less than favorable impression, all before they step foot inside. If the house is exuding with appeal the homebuyer will be excited and eager to see more. This is not to say that the homebuyer will purchase solely because of the curb appeal. The rest of the home should reflect what made that potential homeowner as excited as when they first pulled up and laid eyes on the house and accompanying land. Here are a few tips to maximize curb appeal: Paint: A fresh paint job lays the foundation of curb appeal. Painting or siding an entire home can be expensive, but painting the front door, porch and stairs can be fairly inexpensive and take only a day or two. Try adding a pop of color to the front door to really make your home stand out from the rest. Mulch: Is there anything better than freshly laid mulch? The smell alone can set the tone at a showing, but itís the color that brings it home. Try choosing dark colored mulch with a light colored home to really make it stand out. Flowers & Bushes: Who doesnít like flowers? You really canít go wrong with any type of flower; they are all beautiful. However, itís best to choose low maintenance flowers and bushes just incase the next homeowner isnít looking for extensive yard work. The added color from the flowers and bushes only enhances the amazing curb appeal you will have when youíre done. Lawn & Yard: Maintaining a healthy lawn and clean yard is essential. Burnt or patches of missing grass make the yard look unkempt and not cared for. To ensure bright, green grass invest in a spring clean up of the yard (many landscaping companies offer this service), which includes raking, fertilizing, mowing, etc. Seeding may also be necessary in areas of missing grass. Continue to water and mow throughout the spring, summer and fall for maximum beauty. Lastly, messy yards that include items that pile up over time such as toys, wood, etc. should be tidied up. Curb appeal is not only important when selling a home but also maintaining the value of a home. A house is an investment so make sure to take care of it. Creating and maintaining curb appeal is just one way of caring for your home. Now get to it and good luck!





Posted by Sally Malsch on 2/22/2017

Selling a home requires time, dedication and patience. As such, you need to be aware of the biggest dangers associated with selling a residence before you add your home to the real estate market; otherwise, you risk wasting your valuable time and resources. One of the biggest home selling dangers often remains ignored Ė self-sabotage. And if you're not careful, you may sabotage your chances of selling your residence without even realizing it's happening. So what can you do to avoid the danger of self-sabotaging your home sale? Here are three tips that home sellers can use to eliminate this risk altogether: 1. Be Realistic About the Price and Value of Your Home. Employ a professional appraiser to evaluate your home before you list it on the real estate market. By doing so, you'll be able to better understand what your home is worth and price it appropriately. Also, keep in mind that what you ask for your house may not be what homebuyers offer for your residence. For instance, in a seller's market, you might actually receive multiple offers that exceed your initial asking price. Conversely, in a buyer's market, you may wind up getting numerous offers at or below your original asking price. Regardless of whether you're selling your residence in a buyer's or seller's market, however, it is important to remain flexible. Ultimately, you need to feel comfortable with the initial asking price you set your house and the offers you receive for your residence, and only then will you be able to finalize an agreement that works well for both you and a homebuyer. 2. Act Fast on Any Offers You Receive. It is paramount to prepare for offers before they arrive, as this will enable you to act quickly and efficiently. Typically, you'll only have a short amount of time to decide whether to accept a homebuyer's proposal. And if you plan for prospective offers you'll receive, you can act confidently under duress. Consider how you'll respond if you receive an offer that meets or exceeds your initial asking price, along with how you'll respond to an offer that falls below your initial expectations. Because if you plan for the best- and worst-case scenarios, you'll be better equipped to minimize the chance of sabotaging a home sale. 3. Work with an Experienced Real Estate Agent. Collaborate with an experienced real estate agent, and you'll be able to prevent the risk of self-sabotage. A real estate agent will help you determine the best price for your home and get your residence ready for a home showing. Meanwhile, this professional likely will possess years of experience and ensure you understand the ins and outs of the real estate market, allowing you to make the best decisions possible relative to your home sale. Find the right real estate agent to sell your home Ė you'll be thrilled you did! With an expert real estate agent at your disposal, you'll be able to improve your chances of finding many interested homebuyers and getting multiple offers for your residence. Understand the danger of self-sabotage, and you can prevent this problem from arising as you attempt to sell your house.





Posted by Sally Malsch on 2/1/2017

Being a first-time home seller can be exhausting, especially if you want to maximize your house's purchase price. Fortunately, we're here to help you understand what it takes to succeed as a home seller, regardless of the real estate market's conditions. Here are three factors that every first-time home seller needs to consider before adding his or her house to the real estate market: 1. Your Home's Condition You've completed many home improvement projects over the years, and as such, you may have boosted the value of your house. However, despite these improvements, there may be a lot of work that needs to be done to ensure you're able to generate plenty of interest in your residence among prospective homebuyers. Getting a home appraisal often serves as a great first step on the home selling journey. A home appraiser will be able to give you a better idea about your house's worth as well as potential areas of improvement. As a home seller, you'll need to consider the value of any repairs you complete. Ultimately, a home improvement project may help you boost the value of your house, but it also may mean that it takes longer for you to add your house to the real estate market. Consider the pros and cons of home improvement projects. And if you need extra support, be sure to consult with an experienced real estate agent. 2. Your Home's Price Are you selling your residence in a seller's or buyer's market? Ideally, you'll want to be able to offer your house in a seller's market, i.e. a period in which there are more homebuyers than home sellers. Conversely, even if you're selling your house in a buyer's market (a market that includes more home sellers than homebuyers), you may be able to make your house more attractive to potential buyers if you offer a competitive price. Look at what similar homes in your area have sold for over the past few months. Also, be sure to work with a real estate agent who can provide insights into home selling and homebuying trends in your area. By doing so, you'll be better equipped to list your house for a fair price and improve your chances of a fast sale. 3. Your Post-Sale Plans If a homebuyer makes an offer on your residence that exceeds your expectations, how will you proceed? You'll need to consider your post-sale plans, as this will ensure that you're ready for any home selling scenario that comes your way. You may want to de-clutter your home as much as possible to make it easier to finalize a sale and relocate to a new address. In addition, you should try to work with a real estate agent who can help you sell your current home and find a new one that meets your needs going forward. Just because you're a first-time home seller doesn't mean you can't prepare like a pro. Consider the aforementioned home selling factors, and you may be able to improve your chances of optimizing the price of your home and speeding up the home selling process.