Stewart Woodward, REALTOR Selling Metro West Real Estate


Posted by Stewart Woodward on 12/21/2017

As a first-time home seller, it can be difficult to determine exactly what you need to do to prep your house for the real estate market. Lucky for you, we're here to teach you what it takes to sell a house in any real estate market, at any time.

Now, let's take a look at three important questions that every first-time home seller needs to consider:

1. Am I ready to sell my house?

For many first-time home sellers, the answer to this question is a resounding "No," and perhaps it is easy to understand why.

Adding a home to the real estate market requires home sellers to conduct plenty of real estate research. By doing so, a first-time home seller can determine how his or her house stacks up against comparable residences that are currently available.

Also, it may prove to be worthwhile to complete a home appraisal. This assessment will enable you to identify your house's strengths and weaknesses and complete any property repairs immediately.

2. After I sell my house, where will I go?

It is important for a first-time home seller to think about the big picture. Thus, you'll need to consider where you'll go after you sell your residence.

If you think about where you'd like to relocate, you can start planning accordingly. In fact, you can establish a home selling timeline and find ways to make the most of the time and resources available to you.

In addition, if you need to relocate as soon as possible, this may have far-flung effects on how you market your residence.

A home seller who needs to move right away may be more likely that others to list his or her house at a below-average price. On the other hand, a home seller who can afford to be patient can wait out the real estate market if necessary.

3. What should I expect when my home hits the real estate market?

Unfortunately, the housing market offers no guarantees. This means a dedicated first-time home seller who goes above and beyond the call of duty to prepare a home may watch his or her house linger on the real estate market for months. On the other hand, a home seller who does minimal prep work may watch his or her house sell immediately.

When it comes to getting ready to add your house to the real estate market, there is no reason to leave anything to chance. With an expert real estate agent at your side, you can boost your chances of getting the best results during the home selling journey.

An expert real estate agent can answer any questions that you may have about selling your house. Plus, he or she will help you list your residence, promote it to potential property buyers and set up home showings and open houses.

Ready to add your house to the real estate market? Use the aforementioned tips, and any first-time home seller can seamlessly navigate the home selling process.




Categories: Uncategorized  


Posted by Stewart Woodward on 12/1/2016

Your home represents a one-of-a-kind property, and as such, you'll want to do everything you can to promote it to your friends, family members and, of course, your neighbors.

Ultimately, your neighbors can play a significant role in generating interest in your home. And if you incorporate your neighbors into the home selling process, you may be able to boost your chances of a quick sale and maximize your chances of optimizing the value of your house.

So what does it take to work with your neighbors throughout the home selling process? Here are three tips to help you do just that.

1. Transform an Open House into a Block Party.

If you host an open house, invite your neighbors – you'll be glad you did! By doing so, homebuyers can learn about your house as well as experience what it's like to live in your neighborhood.

Your neighbors may be able to provide insights into your neighborhood that homebuyers might struggle to find elsewhere. And if you invite your neighbors to an open house, you should have no trouble generating plenty of interest in your house in no time at all.

2. Share Your Home Listing with Your Neighbors.

As soon as your home listing becomes available, be sure to share it with your neighbors. This will enable you to extend your home listing's reach and boost your chances of connecting with a broad array of interested homebuyers.

Also, encourage your neighbors to provide feedback about your home listing. A neighbor's feedback could make or break your home listing, and any insights that a neighbor can provide may help you put your home listing over the top in the eyes of homebuyers.

3. Collaborate with an Experienced Real Estate Agent.

Employing a friendly, experienced real estate agent is paramount, regardless of whether you're selling your residence in a buyers' or sellers' market. With a top-notch real estate agent at your disposal, you'll be able to bolster your chances of connecting with your neighbors and highlighting your residence to the right homebuyers at the right time consistently.

Your real estate agent takes pride in his or her work, and as a result, will be happy to provide tips to help you incorporate your neighbors into the home selling process. In fact, your real estate agent may be able to introduce you to neighbors and help you foster positive relationships with them that may allow you to accelerate the home selling process.

Perhaps best of all, your real estate agent is ready to respond to any concerns or queries during each stage of the home selling process. That way, if you ever have questions about your home listing or homebuyers' offers for your house, your real estate agent will be able to offer expert guidance to help you make the best possible decisions.

Spend some time getting to know your neighbors and your real estate agent. This may enable you to improve your chances of selling your home in any real estate market, at any time.




Categories: Uncategorized  


Posted by Stewart Woodward on 4/7/2016

One of the worst things that can happen to a would-be home seller is when the home never sells and expires from the multiple listing service. Waiting week after week or month after month for an offer is frustrating. Selling a home can be a stressful and emotional experience and when it doesn't sell there are a number of questions to ask before making the next move. Here are just a few to consider:

  • Should you renew an expired listing with the same broker?
  • Should you list with a new broker?
  • Should you relist the home for sale at all?
Before placing blame consider why the home didn't sell. Here are some questions to ask:
  • Were you motivated to sell?
  • Did you follow the recommendations of the broker?
  • What was the marketing plan to sell your home?
  • Ask the broker why the home didn't sell.
  • Was the home priced properly?
  • Was it available to show to potential buyers?
  • What was buyer's feedback about your home?
After honestly reviewing these questions consider if there is something you as the seller could have done differently. If you feel it was the broker who did not fulfill their promises than it may be time to find a new broker. If your broker did their job and worked diligently to sell your home then it is probably you that needs to make some changes. Before you relist and make another potential mistake visit other active properties for sale to determine how your home compares to the competition. Consider if you may need a price adjustment. Ask for another comparative market analysis to determine if your home is priced to beat out the competition. You may also need to do some repairs before selling. Staging your home for sale is also always a good idea.  





Posted by Stewart Woodward on 2/11/2016

One of the trickiest parts of buying or selling a home is the negotiation process. Too often when our home is involved our emotions get in the way and the deal can go south quickly. Negotiating is an art. A real estate professional is trained in negotiating but you will need to prepare too. Here are some hints to help you navigate the home sale negotiation process: Do your homework know your home’s worth, understand the value of your home in the marketplace. Be realistic about what your home is worth. Much of the work you did to the home was a labor of love and may not have a monetary value. Be patient, negotiations can take time. Do not let emotions (greed, pride, anger, or prejudice) get in the way of negotiating the best deal. Think of your home as “the house”,” instead of “my home.” You have made the decision to move so try to think of the sale as a business transaction. Take all reasonable offers seriously. Don't let a good deal walk away over a few hundred dollars. Try to look at the deal from the opposite side of the table. This will help you try to see where the potential buyer is coming from. Most of all, have a positive attitude. Don't get caught up in the game of negotiating instead remember the goal is to sell your house for a fair price and move on to your next adventure.





Posted by Stewart Woodward on 8/6/2015

It is common question that real estate professional get; what is my home worth? Unfortunately, it is a question that does not have an exact answer. There are ways to determine about what your home is worth. You may find online estimates that say one thing but is that a true test of what the market will bear? So, how can you really determine what your property is worth? 1. Consider Solds-Look at other comparable homes in your area that have recently sold. This will give you a good idea what buyers are willing to pay. 2. Consider Under Agreements/Pendings-Although it is difficult to tell what a home has sold for before it closes you may be able to tell the demand in a price range. Look at the asking price of the home and how long it was on the market. If you see a trend of homes going under agreement quickly you may assume they are going closer to the asking price. 3. Consider Active Listings-Real estate is about competition just like any other commodity. It is important that your home be competitively positioned against other comparable listings. The asking price is a part of the marketing plan of the home. 4. Online Values-Be wary of online estimates. The very definition "online" takes the human factor out of determining the value.  A computer program cannot take into account the nuances of location, home style and home condition. 5. Sell It-The only way to know a home's true market value is to sell it. At the end of the day a home is only worth what a buyer is willing to pay.