Sherry Bourque - RE/MAX Main Street Associates



Posted by Sherry Bourque on 8/4/2019

After you receive an offer to buy your house, you likely will have only a short period of time to determine whether to accept this proposal. As such, pressure can add up quickly, which often can make it tough to make the best-possible decision.

Fortunately, we're here to help you analyze your options and determine how to proceed with a homebuying proposal.

Let's take a look at three steps that every home seller should take after receiving a homebuying offer.

1. Weigh the Pros and Cons

Make a pros and cons list to examine a homebuying proposal – you'll be glad you did. With this list, you can assess the advantages and disadvantages of accepting a homebuying offer and proceed accordingly.

If you accept an offer, you can move forward in the home selling process. On the other hand, if you don't feel that an offer matches your expectations, there may be no reason to accept this proposal.

2. Evaluate Your Home Selling Goals

Consider your home selling goals as you evaluate an offer to buy your house. By doing so, you can determine whether an offer falls in line with your goals.

For example, if your goal is to sell your house as quickly as possible, the amount of the offer may not matter. In this scenario, you may want to accept a homebuying proposal to accelerate the home selling process.

Comparatively, if your goal is to maximize your profits, you will need to determine if a current offer is the best proposal that you could receive. If the answer is "Yes," then you may want to proceed with a home sale. Or, if the answer is "No," you may want to reject or counter a buyer's proposal.

3. Consult with a Real Estate Agent

Let's face it – evaluating a homebuying proposal can be difficult, particularly for a first-time home seller. If you consult with a real estate agent, however, you can get the help you need to make an informed decision about an offer.

A real estate agent can offer lots of housing market data to help you understand the current value of your house. Plus, this housing market professional can provide recommendations about whether to accept, reject or counter a homebuying proposal.

Perhaps best of all, a real estate agent will serve as a guide throughout the home selling journey. He or she can keep you up to date about any offers on your house, perform deep analysis of all homebuying proposals and ensure you can determine the best course of action on any offer, at any time.

Let's not forget about the housing market expertise that a real estate agent possesses, either. A real estate agent understands there is no such thing as a "bad" question. Thus, a real estate agent will respond to any home selling queries that you may have.

Take the guesswork out of assessing a homebuying proposal – use the aforementioned steps, and you can determine whether to accept an offer on your house.





Posted by Sherry Bourque on 7/21/2019

If you recently sold your house, there may be only a few weeks before you need to relocate to a new address. As such, you'll likely face a time crunch to pack up your belongings and get rid of excess items, including various home appliances.

Although your refrigerator, washer, dryer and other home appliances have served you well for many years, there is no time like the present to sell these items. That way, you can earn extra cash and avoid the hassle of moving these big, heavy items from your current address to your new one.

For home sellers who have only a short amount of time to sell their appliances, there's no need to worry. In fact, there are many quick, easy ways to sell your appliances and maximize their value.

Now, let's take a look at three tips to help you sell your appliances before moving day.

1. List Your Appliances Online

Create an online listing for each of your home appliances, and you should have no trouble stirring up plenty of interest in these items.

When you craft an online listing, it is important to include as much information as possible. Therefore, you should provide details about a home appliance's age and condition, along with photos. This will make it easy for a home appliance shopper to determine whether a particular appliance is the right choice.

Also, share your online listing with family members and friends. And if you post your online listing on social networks, you may be able to generate significant interest in an appliance in no time at all.

2. Host a Yard Sale

A yard sale offers a great opportunity to sell home appliances and other items before you move.

Host a yard sale on a Saturday or Sunday and start your yard sale in the morning. By doing so, you can improve your chances of attracting a wide range of yard sale shoppers.

In addition, be open to negotiating with yard sale shoppers. If you maintain flexibility on the price of a home appliance, you can boost your chances of a quick sale.

3. Post Flyers in Your Community

Craft flyers that include information about your appliances and post them in your community. This will allow you to generate interest from local buyers.

Flyers should be clear, concise and informative. They can include information about an appliance, along with contact information that enables buyers to reach you via phone or email.

Lastly, if you need to sell appliances prior to moving day, it often pays to consult with a real estate agent.

In many instances, a real estate agent can offer recommendations and suggestions to help you streamline the moving process. As a result, this housing market professional can make it easy for you to sell home appliances and other items before you move.

Ready to sell your home appliances? Use the aforementioned tips, and you can promote your appliances to the right groups of buyers.





Posted by Sherry Bourque on 6/9/2019

For those who intend to sell a house, it generally is beneficial to explore ways to minimize stress throughout the home selling journey. That way, a home seller will be prepared to deal with any potential pitfalls that come his or her way.

When it comes to prepping for the home selling journey, stress can be problematic. But if you can remain calm, cool and collected in the face of home selling hurdles, you can find solutions to these problems and enjoy a stress-free home selling experience.

Now, let's take a look at three tips to ensure a stress-free home selling journey.

1. Evaluate Your Home's Strengths and Weaknesses

What separates your residence from others? Consider your house's strengths and weaknesses, and you can discover ways to transform various weaknesses into strengths.

Oftentimes, it helps to conduct a home inspection prior to listing a residence. This will enable you to identify any structural issues with your house and address such problems before you add your residence to the real estate market.

2. Enhance Your Home's Interior and Exterior

For those who want to minimize stress, it may be a good idea to hire professionals to help you upgrade your house's interior and exterior. Because if you have professional support at your disposal, you can quickly and effortlessly transform an ordinary house into an exceptional one.

To find the best interior decorators in your city or town, you may want to search online. This will allow you to examine online reviews and customer feedback and find the best interior decorators in any area, at any time.

Moreover, you should not hesitate to hire professional landscapers to help you bolster your house's curb appeal. Professional landscapers can trim the hedges, mow the lawn and perform other home exterior upgrades to ensure your house stands out to potential buyers.

3. Consult with a Real Estate Agent

Don't let stress get the best of you as you prepare to sell your house. Instead, hire a real estate agent, and you can avoid stress throughout the home selling journey.

Ultimately, a real estate agent is a difference-maker for a home seller. This housing market professional will teach you everything you need to know about selling a house and ensure you can make informed home selling decisions. As a result, a real estate agent can make it easy to navigate each stage of the home selling journey.

Let's not forget about the comprehensive home selling guidance that a real estate agent can provide, either. A real estate agent can help you take an objective view of your home and establish a competitive price for it. Also, after you receive an offer on your home, a real estate agent can help you examine this proposal and determine whether to accept, reject or counter it.

If you want to streamline the home selling process, there is no need to worry. Take advantage of the aforementioned tips, and a home seller can reap the benefits of a stress-free home selling experience.





Posted by Sherry Bourque on 4/7/2019

One of the toughest choices to make when selling a home can be choosing a bidder. Often because sellers don’t expect this to be a difficult decision! It seems like it would be straightforward. You might think you should accept the first offer or maybe you’re in the camp of accepting the highest bid. And while both of these choices are valid there are other factors to take into consideration. Factors that can make selling your home even easier and relatively hassle-free.

One of the biggest fears people have and one that really throws a wrench in the process is potential buyers backing out of a deal or asking for pricey repairs. And for this reason, I suggest looking closely at all of your bids to review the concessions and contingencies each contract contains as well as the type of financing each buyer will be utilizing.

For example, one thing to look for is earnest money. This is money in an escrow account either held by the real estate agent or the buyer and seller and shows the buyer’s commitment to their bid. It gives the buyer more time to sort out their financing but is also seen as a guard against the buyer walking away mid-agreement.

What is the stability of a buyer's financing? What institution is it coming from? Do a search online to learn more information about each buyer’s finance provider. A buyer may pay in cash, offering a larger down-payment or be pre-approved for a loan.

Sometimes buyers will also include a contingency in their contract to not begin payment until they have sold their own home. If this is something you are not comfortable with this bid might belong in your “No” pile despite a higher bid or down payment.

Are they asking you to cover any expenses? They may ask for the attorney review fee to be waived, inspection fees to be covered or costly repairs to be made before closing. Again, are you okay with covering these costs? Do the math to see if these requests bring down the value of the bid. Depending on how much of an investment they are asking for you to make this could create a less enticing bid.

Sometimes, choosing a bid is less about the numbers and more about convenience. If you are in the middle of shopping for a new home yourself, bidders who offer flexibility on the move in/out date could move to the top of your “Yes” list. Sometimes buyers want to keep furniture or appliances from a home, which could make moving a much lighter load.

If your head is spinning from all of these different factors to take into consideration when choosing a bid, that’s okay! This is why working with a real estate agent is so beneficial. Look to your agent for advice when weighing out the benefits of each bid and on making the final decision.





Posted by Sherry Bourque on 3/24/2019

A buyer's market can challenge even the most diligent home seller. Fortunately, we're here to help you stir up plenty of interest in your house, regardless of the current housing market's conditions.

Now, let's take a look at three tips to help you get ready to sell your residence in a buyer's market.

1. Assess the Housing Market

You know a buyer's market favors homebuyers over home sellers, but you still have no idea how this market operates. Fortunately, if you allocate time and resources to learn about the local real estate sector, you'll be better equipped than ever before to maximize the value of your home.

Take a look at the prices of recently sold houses in your city or town. That way, you can see how long these homes are generally available before they sell. You also can examine the sold prices of these houses to better understand how you should price your residence.

Furthermore, you should assess the prices of available houses in your city or town that are similar to your own. This housing market data can help you establish a competitive price for your residence from day one.

2. Perform a Home Inspection

A home inspection commonly is performed after a seller accepts a buyer's offer on a house. However, if you perform an inspection before you add your residence to a buyer's market, you can take a proactive approach to address various home problems.

During a home inspection, a property expert will examine your residence and detail his or her findings. You then can use the home inspection results to prioritize home improvement projects and upgrade your residence. As a result, you can enhance your house and find ways to differentiate it from the competition.

3. Consult with a Real Estate Agent

Selling a home in a buyer's market is exceedingly difficult, especially for those who choose to work alone. Thankfully, real estate agents are available to guide you along the home selling journey and ensure you can achieve the optimal results.

By hiring a real estate agent, you can receive extensive assistance at each stage of the home selling journey, even in a buyer's market. First, a real estate agent will learn about you and your home, as well as your home selling goals. This housing market professional then will offer recommendations to help you enhance your home and ensure it stands out to potential buyers. Next, a real estate agent will list your residence and host open house events and home showings. And if a buyer submits an offer on your house, a real estate agent will help you review this proposal and make an informed decision.

When it comes to selling a home in a buyer's market, there is no need to worry. Take advantage of the aforementioned tips, and you can separate your residence from the competition and boost the likelihood of a profitable home sale.







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