Our latest articles
November 27, 2019
How To Know What Home Buyers Are Looking For
Trying to figure out what home buyers are looking for? It can be difficult to determine what home buyers really want, especially when there are so many conflicting sources out there. The problem is that these trends often determine whether or not you can sell your property in a timely manner. If you don’t understand what local home buyers are looking for, you may end up swinging in the dark when it comes time for a renovation or a major repair. Here is what you need to be on the lookout for.
Take A Look At The Local Homes That Have Recently Been Sold
The best way to predict future behavior is through the evaluation of previous behavior. That is why it is important to look at local properties that have sold over the past year. Take a look at properties that are located close to yours. Do you notice any patterns? Do the properties all have a new kitchen? New exterior paint, windows, and doors? Are there any interior styling trends that you need to be aware of? Trends change fast, so make sure you only look at properties that sold in the past year or so.
Keep An Eye On Online Trends
It is important to understand online trends too. Looking at recently sold local homes is a great first start, but you also need to be aware of what home buyers online are saying. Check out real estate forums and social media. See what real estate professionals are recommending to sellers, and look at what buyers explicitly say that they want. This can help give you a better picture of what you need to be doing as a seller.
Talk To Your Real Estate Agent
Real estate agents have been around the block for years. They’ve seen countless trends and understand what’s going on in your neighborhood better than anyone. You can lean on them during this process to see what they are saying that homebuyers want. They are a great resource for you as a seller, and they will often point you in the right direction when it comes to understanding new trends.
Feeling frustrated trying to learn what today’s home buyers are looking for in a property? Not sure how much you want to work on renovations and repairs? If you want to sell your property for cash as quickly as possible, then you want to call 4 Brothers Buy Houses. 4 Brothers Buy Houses will provide you with a free, no obligation quote for your property. That way, you can sell at a time that works best for you and your family. Stop worrying about how you need to attract prospective buyers. Contact 4 Brothers Buy Houses now.
November 22, 2019
Why Selling Your Property Takes So Long
Wondering why your property is taking so long to sell? There are a lot of factors that go into how long a property stays on the market. Understanding these different factors will help you to make your home more attractive to prospective buyers. The truth is that when your home stays on the market for an extended period of time, buyers start to think there must be something wrong with it. So it becomes a sort of a self-fulfilling prophecy. You want to avoid this by understanding how to sell your home faster. Let’s go over some tips.
According To Zillow, The Average Property Was On The Market For Two Months
That’s right. Most properties are on the market for a little over 60 days. If your property has sold in under two months, congratulations! You’ve beaten out the average seller. But if your property has been on the market for longer than 60 days, it may be time to start thinking about what you can do better. You may be asking too high a price, making marketing mistakes, or perhaps you need a new renovation.
If Your Property Isn’t Selling, You May Be Asking Too Much
One of the easiest ways to turn away prospective buyers is to ask too much price-wise. You don’t want to give the home away for free, but asking for too much can spook away the very buyers you want to showcase your home to. Take a look at other properties in the neighborhood and see how your home’s price matches up. You may need to take it down a bit.
You May Not Be Marketing Your Home Properly
Are you online? Are you on all of the major home buying services? How is your real estate agent advertising your property? You need to make sure that your real estate agent isn’t just using old mediums, like direct mail. These days, a sizable portion of prospective homebuyers are only looking online. If you aren’t there, they don’t see you.
Your Home May Not Be In The Best Shape
Your home may be on the market longer because other comparable properties have renovations that your property doesn’t. You may need to look at renovating your kitchen or bathroom. Of course, major repairs also fall into this category. Nobody wants to buy a home that needs a new roof or that has plumbing issues. Talk to your real estate agent about what you may need to fix.
Most sellers want to sell their property as quickly as possible. And you can’t blame them! The longer a home stays on the market, the more prospective buyers think that something could be wrong. If you want to sell your property without worrying about how long it is going to stay on the market, then you need to call 4 Brothers Buy Houses. We can purchase your home for cash, immediately. We’ll provide you with a free, no obligation quote at your convenience. That way, you can start the process at the best time for you. Contact us today to learn more.
November 18, 2019
The New Minimalist Home Trend
If you have bought or sold a home in the past five years, then the odds are you have heard of the minimalist trend. Minimalist homes are on the rise, and that trend shows no sign of stopping, thanks to millennials. While previous generations placed a premium on their properties having a cozy, warm, feeling, newer generations are attracted to open air designs that lack clutter. Let’s talk a little bit more about what the minimalist trend is and how you can use it to maximize your property’s value.
What Is A Minimalist Home?
A minimalist home is one that doesn’t have any clutter. The designs are nearly all open, with a bevy of available space. The rooms in the home aren’t excessively furnished. Instead, the interior design prioritizes function and airiness. The minimalist look is sometimes called “sleek” or “modern.” It is sometimes characterized as “futuristic” as well. These homes get rid of all of the unnecessary furniture and clutter to focus on what is most important. Not all properties are minimalist, of course. These types of homes are most likely to be found in and around major metro areas. That’s where millennials tend to cluster, and those are the demographics buying these homes and driving these trends.
Minimalist Homes Are A Favorite Of Millennials
Millennials are entering the home buying market in huge numbers, so the trends that they prioritize are important. If you are selling your property, you need to be aware of what millennials like. Millennials are more likely to be purchasing homes in major cities and the extended suburbs. Cities like Washington, DC, San Francisco, and New York City are all millennial hot spots. If your property is in any of those metro areas, then you may need to start considering how you can apply the minimalist look to your home.
How To Give Your Property The Minimalist Look Before Putting It On The Market
The first step to giving your property a minimalist makeover is to declutter all of your spaces. Get rid of unnecessary furniture and even limit the artwork on display. Minimalist homes often use neutral colorways, such as grey, white, and beige. Make sure that the furniture fits with the shape of each room.
Think redesigning your home to fit the minimalist look is too much work? If you don’t want to spare the expense of adding a minimalist aesthetic to your property, don’t fret. Just call 4 Brothers Buy Houses. 4 Brothers Buy Houses will provide you with a free, no obligation quote so you can see what your house is truly worth. You can sell your property on your own terms, without going through the long and arduous process most real estate agents take sellers through. Give us a call today and we’ll help you get started.
November 14, 2019
Should You Move Out When Selling Your Home?
So you’ve decided to sell your property. That is a big decision! You’re convinced that it is the right time to sell, and that you can get your asking price on the open market. What you aren’t sure about is whether or not to move out of your property while you are going through with the sale. This can be one of the hardest things for sellers to figure out. There are pros and cons to moving out of your property during a sale. Here are some things that you will need to talk to your real estate agent about while you consider moving out:
Staying In The Home Can Make Showcasing It Difficult
The key to selling your property is showcasing it. You want prospective buyers to see your property on a regular basis. The problem is that prospective buyers aren’t going to feel at home inside your house if you still have all of your family photos and memorabilia all over the place. Staying in your property can make it difficult to find the time to showcase the home too–you might be cooking dinner or having friends over when a buyer wants to take a look!
Moving Out Before The Sale Can Get Expensive
Obviously, the biggest reason not to move out before a sale is cost. This typically means paying one mortgage and rent at another property. You may even buy another home and be responsible for two mortgages! This cost can make it difficult to move out, and it is a big reason a lot of families choose to stay in their homes during the sale process even if it makes showcasing harder.
Real Estate Agents May Take You More Seriously If You Move Out
Real estate agents are trying to sell your home on their schedule, and you may feel some pressure from them to move out. After all, they are trying to get their next commission check. You may find that real estate agents will take you more seriously and work harder for you if you move out. But you have to find the right balance for you and your family, after all, you all have to find a place to live during what can be an uncomfortable time.
Not sure if you should stay or leave your home when looking to sell? Well, you don’t have to make that choice. You can sell your home to 4 Brothers Buy Houses and avoid the choice altogether. 4 Brothers Buy Houses can provide you with a free, no obligation quote. All you have to do is call and learn more about how you can get cash for your property when you want it. Forget the hassle of having to move out and find a new place. Sell your property way that makes you most comfortable.
November 8, 2019
What You Need To Know About The Escrow Process
You’ve undoubtedly heard the word “escrow,” but you may not know what it means. Escrow is a particular process in home buying. It begins once a seller accepts an offer from a buyer. The most well-known aspect of escrow is when a buyer deposits some of the upfront money in a third-party account, as a show of good-faith. When the escrow process is completed, the rest of the money is sent to the seller. But several other important things happen during escrow, including walk-throughs, appraisals, inspections, and financing. Let’s take a closer look.
Escrow Begins When The Seller Accepts The Buyer’s Offer
Once a seller has accepted the offer of a buyer, the next step is for the parties to go into the escrow process. After the price is agreed upon, the real estate agent will handle the escrow account. The earnest money is collected and deposited into this account. The third-party managers overseeing this account also hold onto things such as deeds, financial documents, and other real estate documents pertaining to the sale. Once the transaction is finalized and completed, the money and documents are released from escrow.
Appraisal, Inspections, And Financing Are Typically Done During The Escrow Process
During the escrow process, several important things need to happen. The bank will appraise the home to make sure that its value has been properly assessed. The buyer will finalize their financing to ensure that they can actually provide the seller with the funds to purchase the home. The buyer will also conduct inspections to ensure that the home doesn’t have any serious damage. The buyer may also conduct walk-throughs during this period as well.
Deals Can Fall Apart In Escrow
It is important to understand that just because a deal goes to escrow, that doesn’t mean that it is complete. Home sales fall apart in escrow all the time. Sometimes the buyer can’t properly finance the home. Sometimes a seller didn’t disclose property damage, and that turns up in the inspection process. Sometimes–though more rarely–a bank won’t agree to financing after their appraisal finds the home is significantly overvalued. Going to escrow doesn’t mean a deal is done, and both parties should understand that fact.
Interested in selling your property without having to go through the frustratingly long traditional sale process? The good news is that you have options. 4 Brothers Buy Houses is willing to purchase your property for cash, immediately. That means you don’t have to spend months renovating your house or showing it off to prospective buyers with a real estate agent. You can get the deal done on your terms and get your money when you need it. Contact us today, and we’ll provide you with a free, no obligation quote.