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Expert Tips for Home Buyers & Sellers

Our mission at The Gresh Group is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

Monday, March 20, 2017

The Spring Showing - How to Make It a Success

Spring is upon us, even if the weather in the McLean area doesn’t quite show it. That means many people will be placing their homes on the market. If you fall into this category, there are some steps you can take to ensure the quickest sale at the best price for your home. We can also suggest ways in which to keep from inadvertently sabotaging the sale of your home.

It probably is no news to you that, as with just about everything, the first place people look for a home, is on the internet. That means, you have to have something to place there which will grab their attention. The staging and photographing of your home is crucial in attracting buyers. However attractive your home is “in person”, if it isn’t eye-catching online, buyers won’t come.

Naturally, you will want to consult a good real estate agent. However, that agent can only sell the product that you present. This means that before you place your home on the market, you will want to have it sale ready. The few extra days it takes to prepare your home for sale can mean the difference between selling it in a timely manner for the price you want, and having it languish on the market, forcing you to lower the price.

One of the most cost effective ways to brighten up a house is a fresh paint job. Another way to make things look “finished” is to replace worn or drab light fixtures, outlet plates and such. Then, of course, the ticket is to make it clean and neat for showings. That can mean a lot of work, especially if kids and pets are involved, but it is well worth the effort.

When you photograph your home, be sure the area is pristine, and staged so as to leave no doubt about which part of the home is being viewed. Keep personal items out of sight. You want potential buyers to picture their belongings in your space. Before you photograph the bedrooms, make the beds with inviting linens, comforters, and plump pillows. Be sure the fixtures and appliances in the kitchen and bathrooms sparkle.

If you want to present a great product for sale, but are unsure of how to go about it, call Janet Gresh. She can walk you through the process and get you the top dollar in the best time for your property. After the stunning photos of your home, which is considered the first showing these days, she will advise you on how to make the second showing just as successful.

Take the necessary time to prepare your home for sale before placing it on the market. That is the best sales strategy.

Friday, March 17, 2017

How Do You Know When It's Time to Talk to a Realtor?

Selling your home? Get a free home value report
Buying a home? Search all homes for sale

If you want to sell your house, when should you contact a real estate agent?

As soon as possible! 

Even if you're nine months out from selling your house, you want to contact a professional Realtor like myself as soon as possible. We can come to your home and tell you what needs to be updated, what you should keep in the house, and the things you should take out of the house to prepare it for the market. This will help you get the most money you can from your home sale.

The other reason to contact a Realtor early is that we want to keep the buyers in mind. 

How will buyers look at your house? We know that 96% of all buyers look at homes online in the convenience of their own home or office to decide what they want to go see in person. Your home's online presence will determine whether a buyer wants to come see it in person. We want to come up with a list of things we can do to make your house look as perfect as possible on the Internet.

Both your goal and our goal is the same—to get the most money possible for your house, and this list will help you do just that. If you've lived in the house for 35 years, this could take some time, so you want to reach out to us as soon as you know you are selling your home. It'll maximize your sale and minimize the time and money you put into the house in order to sell it. 

If you have any questions for me or you're ready to speak with a Realtor about selling your house, give me a call or send me an email. I look forward to hearing from you!

Monday, February 27, 2017

Where Are the Home Prices Heading in the Next 5 Years?

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.
Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.

The results of their latest survey:

Home values will appreciate by 4.4% over the course of 2017, 3.4% in 2018, 2.8% in 2019, 2.7% in 2020, and 2.8% in 2021. That means the average annual appreciation will be 3.22% over the next 5 years.
Where Are the Home Prices Heading in the Next 5 Years? | Simplifying The Market
The prediction for cumulative appreciation fell from 21.4% to 17.3% by 2021. The experts making up the most bearish quartile of the survey are projecting a cumulative appreciation of 6.3%.
Where Are the Home Prices Heading in the Next 5 Years? | Simplifying The Market

Bottom Line

Individual opinions make headlines. We believe this survey is a fairer depiction of future values.