Dorothea Feffer - Coldwell Banker Residential Brokerage



Posted by Dorothea Feffer on 12/4/2017

Selling a house the second time around may prove to be much easier than your initial home selling experience. In fact, a veteran home seller can learn a lot from his or her past home selling experience, including:

1. How to Establish a Competitive Initial Home Asking Price

Setting a competitive initial home asking price is paramount, regardless of a home seller's experience. If a seller establishes a competitive initial asking price from the get-go, he or she can increase the likelihood of stirring up plenty of interest in a house. Conversely, a seller who sets an initial asking price that is too high or too low may struggle to achieve the optimal home selling results.

Think about how you priced the home that you most recently sold. This experience may help you determine how you'll price your current house, as well as enable you to avoid potential pricing mistakes along the way.

Furthermore, it usually helps to look at the prices of comparable houses in your city or town. If you assess this housing market data, you can see how your house stacks up against the competition and narrow the price range for your residence.

2. How to Promote a House to the Right Groups of Buyers

If you previously struggled to showcase your house to buyers, you can learn from your past experience and avoid making the same mistakes once again.

Ultimately, a home seller should allocate time and resources to enhance the curb appeal of his or her home. If a house features a stunning exterior, it may generate lots of interest from buyers.

It often helps to maintain a clean home interior as well. If you keep your home neat, tidy and clutter-free, buyers should have no trouble envisioning what life might be like if they purchase your house.

3. How to Hire the Right Real Estate Agent

Conduct an in-depth search for the right real estate agent Ė you'll be glad you did. If you meet with a variety of real estate agents, you can find a housing market professional who can help you achieve your desired home selling results.

Don't forget to request client referrals from a real estate agent. Because if you can learn about past clients' experiences with a real estate agent, you can make an informed choice about whether to hire this real estate agent to guide you along the home selling journey.

Ready to add another house to the real estate market? Use your home selling experience to your advantage, and you can boost your chances of enjoying a profitable home selling journey.




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Posted by Dorothea Feffer on 10/30/2017

Selling your home can be stressful, particularly when the time arrives to negotiate with a homebuyer.

You'll want to ensure that both you and a homebuyer can find common ground during a negotiation. By doing so, both parties will be satisfied with the end results.

In some instances, however, a homebuyer may submit an offer for your residence that fails to meet your expectations. If this happens, you may need to submit a counterproposal to ensure you're able to agree to home selling terms that fulfill your needs.

Submitting a counteroffer can be tricky, particularly for a home seller who is looking to complete a home sale as quickly as possible. Fortunately, we're here to help you take the guesswork out of countering a homebuyer's offer.

Here are three tips to help you streamline the process of submitting a counterproposal to a homebuyer.

1. Consider Both Parties' Perspectives

Ultimately, a home selling agreement should meet the needs of a homebuyer and a home seller. As such, you'll want to consider both parties' perspectives before you submit a counterproposal and ensure that your counteroffer is fair to everyone involved.

Does a home selling agreement ensure that you will receive fair value for your home? And does this pact guarantee a homebuyer will receive fair value from his or her purchase as well? Consider both sides of a home selling agreement, and by doing so, you'll be better equipped to agree to terms that work well for both you and a homebuyer.

2. Try Not to Get Emotional

If you feel like a homebuyer submits an offer that is below your initial expectations, try not to get emotional. Instead, take a step back from the home selling process and consider all of your options before you proceed.

For home sellers, it often is easy to let stress and anxiety get the best of you, particularly during high-pressure negotiations with a homebuyer. Conversely, if you take a deep breath and review all of your options after you receive a homebuyer's offer, you can avoid making any rash decisions.

Remember, a homebuyer's first offer may not be his or her best offer for your residence. And if you submit a counterproposal, you can show a homebuyer that you are willing to work with him or her to reach a fair agreement.

3. Get Advice from Your Real Estate Agent

Your real estate agent can guide you along the home selling journey and will help you determine if you should accept, decline or counter a homebuyer's proposal. This professional also serves as a liaison between you and a homebuyer, which means your real estate agent can share your concerns about a homebuyer's offer directly with this individual.

With a trusted real estate agent at your disposal, you should have no trouble reviewing a home offer and submitting a counterproposal if necessary. In addition, your real estate agent is happy to provide tips and suggestions throughout the home selling process, ensuring you can maximize the value of your residence.

Take advantage of the aforementioned tips, and you can move one step closer to selling your home.




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Posted by Dorothea Feffer on 10/23/2017

You've added your home to the real estate market, and the offers are already beginning to arrive from interested homebuyers. However, you're still a long way from finalizing the sale of your home, and there likely will be many hurdles that you'll need to overcome before you complete the home selling journey. Stress is common for many home sellers, regardless of whether you're selling your home in a buyers' market or a sellers' market. Fortunately, we're here to help you minimize stress as you move closer to finalizing the sale of your residence. Here are three tips to ensure you can limit stress as you sell your home: 1. Plan Ahead. What will happen if a homebuyer decides to back out of a deal after a home inspection? Or, how will you respond if a homebuyer asks you to complete home repairs? Plan ahead, and you'll be ready to deal with a wide range of scenarios that could arise during the home selling journey. The home selling journey is rarely, if ever, a clear-cut path. But home sellers who dedicate time and resources to plan for a variety of scenarios will be able to respond quickly and effectively in tough situations. Also, planning ahead may improve your chances of remaining calm, cool and collected under duress. And ultimately, you'll be better equipped to minimize stress throughout each stage of the home selling journey. 2. Give Yourself Plenty of Breaks. The home selling journey may move fast, but don't forget to take some time for yourself. By doing so, you'll be able to focus on what's important Ė your personal well-being and happiness. For instance, spending a day at the beach with friends, enjoying a mini-vacation or even going for a short walk around the block enables you to take a break from the hustle and bustle of the home selling process. Even spending an hour a day relaxing can deliver long-lasting benefits for a home seller. Remember, any time you devote to yourself will help you minimize stress and improve your chances of maintaining a positive outlook. 3. Work with a Top-Rated Real Estate Agent. Who says you need to deal with the stress of selling your home on your own? Instead, work with a top-rated real estate agent, and you'll be better equipped to stay calm throughout the home selling process. Your real estate agent should be able to put things in perspective as you progress along the home selling journey. As such, you'll want to find a top-rated real estate agent to ensure you can receive support from a qualified professional as you sell your residence. A skilled, talented real estate agent will be able to handle tough negotiations with a homebuyer and ensure you're able to get the best price for your home. Plus, this professional will provide you with a trusted resource and will respond to any of your concerns and questions. Don't let stress get the best of you as you sell your home Ė use these tips, and you'll be able to remain confident and relaxed throughout the home selling journey.





Posted by Dorothea Feffer on 8/21/2017

When you sell your home, thereís a cost associated with getting a return on your investment. Certain mistakes that many sellers make when deciding to sell their home can actually cost thousands of dollars in expenses. Before you decide to sell, read on to see what you can do to avoid unnecessary consequences.


Hire A Professional To Sell Your Home


Many people think that they can sell their home on their own. Itís the best practice to hire a professional to sell your home. Even in a sellerís market, a realtor can help you to get the best price on the sale of your home.


Remove Your Things Before The Sale Of The Home


Your clutter will undoubtedly affect the value of your home. People canít see what their life would be like in your home if thereís too many things in the way. While one manís trash sometimes is another manís treasure, it certainly isnít in the case of selling your home. 


Donít Leave An Empty House For The Showing


While too much clutter is bad, it does make a difference for the home to actually be lived in. If possible, donít leave a completely empty home. Buyers need something to help them visualize what life will be like living in the home. Home searchers want to see how functional the home will be for them. 


Donít Neglect Repairs


You should take care of any repairs that need to be made before your home goes on the market. Any repairs that you donít make will likely be discovered during the home inspection. Before you even list your home, make sure that you take care of any major issues that are around your home like a leaky roof or cracked tile. This will save you a major headache later, because you wonít need to scramble to fix things after the home inspection. Buyers will also be more impressed with the home if thereís little to fix. 


Donít Overprice Or Underprice Your Home


If you donít properly price your home, it could lead to a few major issues. You may be left wondering if you could have made more money on your home. On the flip side, your home could sit on the market for a long time, leaving buyers wondering what could be wrong with your property as to why itís not selling.


Be Sure To Stage The Home


People will purchase a home based on what they see and how they feel. If your on-the-market home doesnít look polished, there will be less interest in it. You donít need to go overboard and make your home look like something out of a magazine, just make sure itís clean. Things like dirty laundry on the floor, trash laying around, and papers on the tables are big turn offs for buyers. 


With a little planning, the sale of your home should be a smooth and profitable one.





Posted by Dorothea Feffer on 7/10/2017

Selling a home may seem impossible at times, especially if you enter a negotiation with a homebuyer. And if you're not careful, you might even lose your cool during a negotiation Ė something that could put a potential deal with a homebuyer in jeopardy.

Don't let stress get the best of you during a home selling negotiation. Instead, use the following tips to avoid stress as you start negotiations with a homebuyer:

1. Understand the Housing Market

Your home has its pros and cons, and understanding what sets your house apart from others ensures that you can generate plenty of interest in your property when it reaches the real estate market. Meanwhile, assessing the housing market may help you determine whether to accept, decline or counter a homebuyer's offer on your residence as well.

Evaluate the real estate market closely. Take a look at the prices of comparable houses in your area to better understand how your home stacks up against similar properties.

Housing market data can help you make an informed decision about a homebuyer's offer. For example, if a homebuyer submits a competitive offer that meets or exceeds your expectations based on real estate market data, you can accept the proposal and avoid stressful negotiations. Or, if a homebuyer submits a proposal that falls below your expectations based on housing market data, you can politely decline the offer.

2. Maintain a Positive Outlook

There is no need to feel frustrated or mad if a homebuyer submits a "lowball" proposal on your house. Conversely, try to maintain a positive outlook throughout home selling negotiations, and you can avoid the risk of letting stress get the best of you.

Remember, stress can make a difficult negotiation even more challenging. But those who understand how to handle stress can boost their chances of maintaining a positive outlook and getting the best results possible from a home selling negotiation.

If you feel anxious at any point in a negotiation, feel free to take a break. Even spending a few minutes performing deep breathing exercises can help you feel calm, cool and collected. Plus, after you complete a stress-relieving activity, you may be better equipped to maintain a positive outlook throughout the remainder of a home selling negotiation.

3. Collaborate with a Real Estate Agent

Real estate agents are available nationwide and understand how to handle tough home selling negotiations. Therefore, employing an experienced real estate agent may make it easy for you to avoid stress throughout the entire home selling journey.

Your real estate agent will negotiate on your behalf and work directly with a homebuyer. This real estate professional also will keep you informed about home selling negotiations and offer tips and suggestions to ensure you can get the best price for your house.

Ultimately, hiring a real estate agent is a must for home sellers who want to avoid stressful negotiations. With a real estate agent at your side, you should have no trouble accelerating negotiations with a homebuyer and optimizing the value of your residence.




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