3 Negotiating Tips for Home Sellers

Selling a home may seem simple at first, but negotiating with a homebuyer sometimes can be problematic. Fortunately, home sellers who understand the art of negotiation may be better equipped than others to accelerate the home selling process and optimize the value of their residences.

What does it take to become an expert home selling negotiator? Here are three negotiation tips for home sellers:

1. Stay Patient

It is easy to become emotionally attached to your residence, especially if you have lived in a home for many years. However, a home seller will need to do everything possible to keep his or her emotions in check during negotiations with a homebuyer.

In some instances, emotions can get the best of a home seller. And if this happens, a potential deal with a homebuyer may collapse.

For home sellers, the goal of a home selling negotiation is to maximize the value of a residence. Keep this goal in mind as you navigate negotiations with a homebuyer. By doing so, you may be able to maintain a calm, patient approach as you work toward selling your house.

2. Evaluate the Real Estate Market

Although you’ve allocated substantial time and resources to enhance your home over the years, the value of your residence may fluctuate based on the current real estate market’s conditions. But if you conduct plenty of housing market research before you enter negotiations with a homebuyer, you can understand exactly what your home is worth today.

Conducting a home appraisal usually is a good idea. This appraisal will enable you to learn about your home’s pros and cons and identify potential issues that may prevent you from maximizing the value of your property.

Furthermore, study the prices of comparable homes in your area. With this housing market insights at your disposal, you can enter a home selling negotiation with the information that you need to make data-based decisions.

3. Hire an Experienced Real Estate Agent

Home selling negotiations can be tricky, and for home sellers who want extra help, hiring an experienced real estate agent is essential.

An experienced real estate agent understands the ins and outs of home selling negotiations. As such, he or she will share expert negotiation insights with you to ensure that you can get the optimal price for your residence.

Your real estate agent will provide recommendations and suggestions throughout the home selling process and may even help you avoid negotiations altogether. Plus, this real estate professional is happy to negotiate on your behalf. That way, you can avoid the stress and anxiety commonly associated with negotiating directly with a homebuyer.

With an experienced real estate agent at your disposal, you may be able to accelerate your journey through the home selling process. Your real estate agent will keep you up to date about offers on your home and ensure you can get the best results possible.

Employ an experienced real estate agent, and ultimately, you can boost your chances of stress-free home selling negotiations.

How-To: Perform an Energy Audit Yourself

We all want a more energy efficient home. And while we know an energy efficient home is an eco-friendly one our favorite benefit is that it also helps save on utility bills each year. Below are some ways you can perform a home energy audit yourself to hunt out the places your home needs to have repaired to prevent energy leaks:

Manual Tests

Start by locating any air leaks. Areas where two different building materials meet are especially susceptible. These places include along baseboards and floors or where walls meet the ceiling. If there are any obvious cracks or gaps you have an energy leak. Windows, doors, plumbing, switches, and outlets are all guilty suspects as well and should be tested for drafts.

For less obvious leaks dampening your hand and passing it over areas that are likely offenders will help you find drafts. If there is a draft the passing air will make your hand feel cool as it passes by. Another test to try is to start by closing any vents in the room and then light some incense. Watch closely if the smoke moves or billows around in areas you suspect are a culprit to any energy leaks. If the smoke wavers there is a leak. Check for leaks around windows and doors by closing them on a paper bill. If it is easy to pull out the bill you have a leak. This test is also a great way to check the seal of your fridge doors for any leaks.

Tech Tests

Buy a home energy monitor to determine which appliances are your biggest energy hogs. Consider upgrading old appliances to more energy efficient ones, keeping them unplugged when not in use or getting rid of the appliance altogether if it isn’t essential. Devices that have a standby are energy consumers even when “off” as they are never truly off. If it has an indicator light, charger, AC adapter or digital clock than it is using up power when plugged in. Plugging these devices into a power strip will allow you to easily flip them to off and disconnect all power to them when not in use.

Investing in a handheld infrared thermal leak detector to detect any leaks in walls in places like outlets, cable wire holes or around windows, doors and attic hatches. If you find a significant difference in temperature as you pass the detector over a likely culprit you have an air leak on your hands.

Whether you opt for the cheap ways to audit your home or invest in a little bit of tech to hunt out those energy leaks taking the time to test your home is well worth the effort. Finding where you home is losing energy and repairing them will save you money in the long run and turn your home will become a more eco-friendly one to boot!

Video Tour – Single-Family Home – Coventry, CT 06238 Real Estate – For Sale

Well maintained ranch on almost 1 acre lot. Large tiled open- eat in kitchen with pantry. 4th bedroom is an office- sunken living room with fireplace. Master bedroom with large bathroom and walk in closet. 1st floor laundry. Closets galore. 2 car garage. Nice level lot located at the end of cul-de-sac.

More Info on this Property | New Listing Alerts

Choose the Right Driveway

Your driveway is the first amenity that people see when they visit. When you bought your house, you may have only seen your driveway as a place to park your vehicle.But, a driveway is more than that. A driveway is often a property border,dividing you and your neighbor’s yards. It’s one of the largest visuals that make up your house’s curb appeal. Your driveway is where you start to feel at home.

Which of these 5 driveways is right for you?

Choose the right driveway and you could buy a house that generates a quality sale should you decide to move. Choose the right driveway and you can provide your children ample room to play safely away from the street and your growing front or back lawn. Following are five popular driveways to check out before you buy a house or upgrade your house with a new driveway.

Brick driveway – This is an elegant driveway that has an artistic appeal. Clay bricks come in a rainbow of colors and sizes. These driveways have been around for centuries. Straight, round and curving are shapes that a brick driveway come in. Install a brick driveway and you can expect the paving to last for about 25 years.

Cobblestone driveway – If you love natural stones, a cobblestone driveway might be best. Primary shapes that cobblestone driveways are laid in are long, curvy, straight and square. A cobblestone driveway can extend a quarter mile from the street to your house’s front steps. They resemble brick driveways and are smooth and flat, not at all a bumpy ride as you drive to your house.

Concrete driveway – Live in the suburbs and you might see house after house lined with a concrete driveway. Concrete driveways are a popular suburban choice. As with sidewalks, a downside to a concrete driveway is that it can bubble or crack. An upside is that a concrete driveway can be installed in reds, browns and traditional grays.

Gravel driveway – Attend several sporting events at large outdoor stadiums, and there’s a good chance that you’ve driven over a gravel driveway. You won’t have to worry about repaving a gravel driveway. What you will have to deal with is bits of gravel popping into your boots or shoes.

Asphalt driveway – An asphalt driveway is expensive to lay. There are heavy and lighter grades of blacktop that can be used when laying an asphalt driveway. Choose a quality sealer and your asphalt driveway can remain strong, absent cracks, for years. If your asphalt driveway develops cracks, you can fill in the cracks instead of resealing the entire driveway.

Although it’s not attached to your home, your driveway plays a factor in your house’s overall value. Think about your driveway as more than a place to park your vehicles. See your driveway as part of your home. Wash away stains and clean your driveway. To care for your driveway, also check for cracks and apply sealers as needed.