If you are looking to buy or sell a home this year, there are some new trends in 2020 that you need to be aware of. 2020 is going to be an interesting year for real estate because of technology changes. There are more smart homes being built than ever. With smart homes, you can control the temperature or locks of a property all from your smartphone. Then there are demographic changes. Baby boomers are moving to smaller properties and selling their older homes, while millennials are starting families and moving to the suburbs. Here is what you need to be aware of:
Baby Boomers Downsizing Their Homes
One of the real estate trends in the 2020s will be baby boomers downsizing their homes. The baby boomer generation is moving into their twilight years, and many are looking for smaller, more affordable properties. This means that many boomers will be selling their larger homes and moving into new communities. Real estate professionals should be prepared for this trend. Baby boomers tend to have more cash on hand than other age demographics, which will make this move easier for them.
Millennials Moving From Urban Areas Into The Suburbs
Millennials are finally spreading their wings and buying homes in the suburbs. Millennials are beginning to move out of the urban areas they chose in their early 20s when they were first starting out. Now millennials want homes and stability that they can’t get in most urban downtown areas. The move to the suburbs will lead to new development in the areas surrounding major metros, especially throughout the sunbelt and the mid-atlantic.
Today’s buyers are more technology savvy and want to be able to control their home with just a few taps of their smartphone. Smarthomes allow homeowners to control the temperature, lock doors, and view security cameras all from a smartphone. Some smarthomes even have integrated refrigerators and ovens into this system. The greater demand for smarthomes is something that real estate professionals need to be aware of going into the next decade. Homes that don’t have any of these features will be less attractive to young buyers.Staying up on the latest real estate trends can be difficult for anybody. If you are looking to sell your property without the need for keeping up with what millennials are looking for, then you should contact 4 Brothers Buy Houses. 4 Brothers Buy Houses will purchase your home cash, and you won’t have to make any costly repairs or spend time getting your property ready for online marketing. Give us a call today and we can provide you with a free, no obligation quote. We’d be happy to work with you to sell your property on your own terms.
Ready to sell your home? Perhaps you are retiring and moving to a different community. Maybe you are taking a new job and are selling before you go. Maybe you just want to sell to see what you can get for your property. Whatever the case may be, you need to be aware of the costs. Selling your home will cost you money in repairs, cleaning, landscaping, and inspection fees. There are also real estate agent commissions and closing costs to worry about. Before you sell, you need to make sure that you are comfortable with these costs.
Repairs, Cleaning, Landscaping, And Inspections
When you sell your property, you’ll need to be prepared to handle things like repairs and landscaping. Those things cost money. You’ll need to have the cash on hand in order to make any necessary repairs or landscaping fixes. You’ll also have to keep the property clean and pay for any inspections that must be done before the sale is finalized. These repairs can easily run in the thousands or tens of thousands of dollars.
Real Estate Agent Commissions
Real estate agents get a commission on the sale of your property. Typically, the commission is worth several percentage points of the total value of the home. This commission can be costly, but it is typically worth it if you need help making the sale or if you don’t really know your local real estate market that well. The good thing about real estate commissions is that they generally aren’t paid until the end of the process.
Selling your property means that you’ll need to reach interested parties. This is done through online marketing. You’ll need to market your property both through traditional mediums and through new ones such as social media. Online marketing may be handled by your real estate agent, or you may decide to work on it yourself. Either way, this kind of marketing costs money and you’ll need to be prepared to pony up. The cost of marketing online depends on the reach that you want to have. But you can expect a marketing campaign to cost several hundred dollars at the least. A very extensive campaign could run into the thousands.There are real costs to selling your home that you can’t ignore. Sellers must be aware of the costs of repairs, maintenance, renovations, landscaping, cleaning, and inspections. Of course, there are also real estate agent commissions and other miscellaneous costs. If you want to avoid these costs, then you can work with 4 Brothers Buy Houses. 4 Brothers Buy Houses will purchase your home regardless of the condition, without any need for repairs or renovations. Give us a call today and we can get started on the process.
If you are selling your home, it is critical to make sure that you keep yourself safe during the process. That means not leaving out personally identifying information like financial documents or credit cards. Identity thieves are becoming more and more sophisticated, and they use a variety of tactics to get access to your information. You’ll also want to keep the door locked when you aren’t showing the property, so that it is only available when you want it to be. Here’s how you can keep yourself safe during the showing process.
Don’t Leave Bills Or Credit Cards Out In The Open
Make sure that when you are selling your property, you don’t have any bills or credit cards left out in the open. That means taking all of your financial documents and files with personal information out of your home before the showcase process begins. Take all of those files and put them in a safety deposit box or some other form of storage. If a bad actor gets their hand on that kind of information, it can be used against you via identity theft.
Keep The Door Locked When You Aren’t Showing The Property
When you are selling your home, everyone knows. Sometimes even the wrong people. Make sure that your property is locked when you are not conducting showings. You only want prospective buyers to be there at the time that you want them to be there. Keeping your home locked will keep your property safer. If your real estate agent is conducting showings, make sure that they keep the key in a safe place. Your property is extremely valuable, and you need to make sure that you are taking all of the necessary precautions.
Make Sure You Don’t Leave Valuable Items Out
Just like credit cards and bills, you don’t want valuable items left out during your showings. Memorabilia, jewelry, collectables, and other important items should be moved to storage. You don’t want to take the risk of losing something that is valuable to you during a showing. Remember, you aren’t going to be able to watch over your entire home while prospective buyers are walking through your property.Staying safe during the sale process is important. It is something that sellers don’t often think about, but it is critical for avoiding identity theft. If you don’t want to have to worry about these kinds of issues, then you can avoid the showing process altogether by working with 4 Brothers Buy Houses. 4 Brothers Buy Houses will purchase your property cash, and we can give you a free, no obligation quote at any time. We’ll work on your schedule so that the entire process is convenient for you. Call us today to get started.
There are times when you want to sell your property where you aren’t exactly in a sellers’ market. If you need to sell your property at a difficult time for sellers, then you should be aware of the extra steps you’ll need to take. The first step is to make sure that you are working with an experienced real estate agent who has done years’ worth of work in the area. You’ll also want to make sure that you are showing the house on a regular basis and that you are investing in online marketing. You’ll also need to make sure that you understand what buyers in your market are looking for, so that you can show your house in a way that is advantageous to you. This is how to get started.
Work With An Experienced Real Estate Agent
When times get tough, it is important to work with real estate professionals who have experience. Real estate agents have seen the ups and downs of various markets over long periods of time, and they can help you understand what to expect. If you aren’t working with a real estate agent, trying to navigate a difficult market on your own can seem almost impossible. You don’t have to put yourself in that position–make sure to hire a real estate agent that you can trust.
Make Sure You Are Regularly Showing The Property
In a difficult market, it is critical that you are showing your property regularly. If you aren’t conducting showings, then prospective buyers aren’t getting to see your home up close. You may need to conduct more showings in a tough market than in one that is more beneficial for sellers. That is to be expected–you’ll have to put in more time and effort to get a sale in this type of market. Be prepared for longer showings, so keep your schedule open.
Learn What Buyers In Your Market Are Looking For
You’ll need to stay aware of what buyers are looking for in this kind of market. Do research on what similar homes have sold for in the past. Check your neighborhood to see which homes have sold recently, and what kind of repairs or renovations were done. Your real estate agent may have more information on this. When the market is difficult for sellers, you might have the temptation to wait until market conditions change. If you don’t want to wait, then you still have options. You can sell your property to 4 Brothers Buy Houses. 4 Brothers Buy Houses will purchase your property in cash, immediately. That means that you don’t have to worry about the market conditions or how many showings you need to do. You don’t have to worry about finding a real estate agent or handling online marketing. Contact us today and we’ll provide you with a free, no obligation quote.
Trying to sell your home in the winter? It can be pretty difficult to do so, considering the cold weather and the snow. Its harder to get around during the winter months, and the lack of sunlight makes it harder for visitors to make an emotional connection with the property. If you are focused on selling during the winter months, then you need to make sure that your property feels warm and cozy. You’ll want to keep the snow shoveled, and work hard to keep the home well lit. Here is how you can get started.
Keep The Snow Shoveled
When the snow isn’t shoveled, you’ll find that you’ll get less interest in your open house showings. Make sure that you regularly shovel the driveway, walkways, and make sure that the yard is clear. You want to make it easy for prospective buyers to walk up to your property. If your driveway is filled with snow, prospective buyers may believe that it is simply too difficult to shovel at your property, and they’ll look elsewhere. Make sure that doesn’t happen.
Make Sure Your Home Has Enough Light
Light is notoriously difficult to come by during the winter months. That means that you’ll need to make sure that your home is well-lit. If your home feels too dark, it is likely that prospective buyers won’t feel comfortable. You’ll want to make sure that your home has enough natural light during the day, and at night you’ll want to make sure you have enough light fixtures on the interior and exterior of your home. Exterior light is critical, because people won’t come to your property if they can’t see it from the road.
You Want Your Property To Feel Cozy
You want prospective buyers to feel right at home when they visit your property. A good way to do that is by keeping the home warm during the winter months and by doing small things, like offering up baked cookies or snacks. You may also want to consider putting up holiday decorations, such as a Christmas tree. These kinds of things can help people feel like your home is cozy and familiar, even on their first trip to your property.Do you want to sell your property during the winter months without going through the hassle of shoveling snow and buying new light fixtures? Then you want to contact 4 Brothers Buy Houses. 4 Brothers Buy Houses will purchase your home cash, no matter the condition. That means you don’t have to worry about handling repairs or renovations. It means that you don’t have to spend more money to get your property winter ready. Contact us today and our team will provide you with a free, no obligation quote.