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What Should You Not Fix When Selling A House?

by with One Comment Uncategorized

Selling a house online on your terms for cash can be fast and effective, but you
have to do it the right way and make sure to consider all important factors. One of
the biggest concerns for people selling their houses is the costly repairs. They try to
fix everything to restore their houses to the “mint” condition.

While this practice is not bad, you may end up spending a lot of money on a
property that you will sell off anyway. On average, monthly house maintenance can
cost you around $170, while the 5-year maintenance can cost up to $10,200.

So, investing in only essential repairs is important if you want to sell your house for
maximum profit. Focusing on what you can leave out in repairs is a great way to
ensure that you invest the required amount of money in the house before you sell
it. Not to mention, platforms like DirectPads make a direct cash offer and buy your
house as-is in its current condition.

However, most people are unaware of what they should not fix before they sell their
houses. You can check our list of things you should not repair when selling a house
to make an informed decision.

Things not to Fix When Selling Your House

Following are some of the things you don’t need to fix when you sell your house
online:

Minor Cosmetic Fixes

Unless you have a serious problem at hand that ruins the overall look of your house,
there is no need to make repairs. Minor issues and wear and tear are acceptable. A
few scratches on the floor or a crack on the tiles do not matter in the long run
unless you deal with a picky buyer. But your traditional buyer will squeeze every
dollar they can get out of you.

Making cosmetic fixes in your house may seem easy and small, but these repairs
can cost you a lot. You should lower your price a little instead of investing in these
repairs. However, a few things like improving landscapes is easy and can help
improve your property’s condition.

Partial Home Upgrades

There may be some parts of your house that you do not like or want to upgrade. For
instance, you may not like the sink or faucet in your picture-perfect bathroom, but
there is still no need to replace them. While it adds to the visual appeal of your
bathroom, it still won’t impact/improve your house’s price.

Making a partial upgrade to a room may also give the impression you are trying to
hide something, which can raise unnecessary suspicion or lower your house price.
So, let it be as the new owner will make these changes if they do not like it.

Driveway Cracks

Increasing your house’s curb appeal is the easiest way to ensure that you get a
good price, especially when you are selling it online. However, working on your curb
appeal doesn’t mean making your house picture-perfect or fixing everything,
including the sideway cracks.

Hairline cracks are quite common if you live in an area like San Antonio, as there is
a lot of soil movement in these areas. Thus, a driveway or sideway crack will not
scare away a potential customer or have an impact on your house price. So, it is
wise to add it to the “as-is” list when you consider all the repairs you are going to
make.

Old Building Codes

If you inherited your house from a grandparent or bought an old property, you do not need to worry about the building codes. You do not have to invest thousands of dollars in complying with the current building codes.

It is okay if a house from the 70s or 80s does not match the current building code
standards. It is not going to affect your house sale since the report will mention the
house building code details. The new buyers can upgrade the house to the current
building codes if they wish, but that is still not your concern

Minor Electrical Issues

Major electric issues like exposed wires, sparking outlets, and damaged light
fixtures need fixing right away as they are a potential threat to your and others’
safety. However, almost every house requires a few minor electrical fixes like a
wobbly outlet, a switch that does nothing, a fused light, and so on.

While you might think that these minor problems affect your house’s price, they
really don’t. The inspectors may mention that your switch outlets aren’t tight
enough, but they will probably leave any non-working lights out. Just ensure dealing
with any major electrical problems before you list your house online.

Now, let’s look at a few alternatives to ensure your house is ready for sale or listing.

Remove Items

An easy way to determine the right repair list is to separate things you can simply
remove instead of replacing and investing money. These may include window
valances or other older things that just don’t look good in a room anymore.
HomeAdvisor states the national average for new window treatment is nearly $735
per window that still does not count in your house sale.

So, if you have window valances and rods that make your house look too dark, it is
best to take them off instead of replacing them with something new.

Old Appliances

You cannot remove all old fixtures completely –for example, you will need to replace
a few old appliances before you list your house online for sale. That still doesn’t
mean that you should spend hundreds of dollars on the latest models or new light
fixtures, hardware, cabinetry, etc. You can visit the Facebook marketplace or the
Craiglist to get used appliances when you remodel your house before a sale.

In A Nutshell

Homeowners know every nook and corner of their properties as well as every little
flaw it has, which is why they get overwhelmed when they prep for selling a house.
We suggest that you only focus on the most important repairs and avoid
renewing/repairing your house completely.

It is the right approach, especially when you need quick cash and want to sell your
home as-is. In this case, DirectPads has you covered. We will make you a direct
cash offer without asking you to fix or change anything in your home. If you don’t
like the offer, that’s fine. We can list it for you as well! It’s all up to you.

For sale sign.

Challenges To Sell Your Property through Traditional Method

by with No Comment ListingSellingUncategorized

According to Realtor, the average home price has increased by 3.6% in the last few months. It means that these houses are in demand as people are selling off their properties readily. One of the most major causes of these sales is the pandemic. The foreclosure protections are no longer valid due to which people have to sell their houses to repay creditors. 

 It further states that houses are staying on sale for 43 days instead of 20 days as in 2020. It means that despite the high demand, it is difficult to sell these houses off. What exactly makes selling houses difficult? Experts suggest that the leading cause of this sales decline is traditional methods. But, is it so? Let us take a look at some of the challenges you deal with when you try to sell your house traditionally. 

Challenges to Sell Your Property Through Traditional Method

Harder To Sell Older Houses

If you have an old house and have not changed it due to nostalgia or emotional attachment,then it isn’t good for your house sale. It is also possible that you inherited the house from someone who didn’t maintain it properly. Either way, you are going to face trouble with selling your house because an older house requires a lot of repairing and work. These old houses may sell at a good price only if you find someone who values these old properties. 

Finding a buyer who doesn’t mind an old house is difficult and most real estate agents can’t help. Therefore, it is best to switch to digital applications and sources. These online platforms have a wider connection and you are more likely to get a better deal with them.

A lot of Repairing

You would not want to buy a car that needs a lot of mechanical work right? The same goes for houses. Harding, et al., (2007) claims that lack of house maintenance reduces the value of the building by 2.5% every year. It means that poorly maintained houses have a lower chance of getting sold. People are a lot more observant when they buy a house which contributes to the problem. You wouldn’t want to host multiple potential buyers and still not break a deal at the end. 

However, you can photograph your home and present it nicely. It will help reel in better offers and serious online buyers. This way all you would need to do is change and repair a few things (that too, if the client wants you to do it). 

The Market Is in Bad 

The pandemic has much affected every industry including real estate. People have no other option but to sell their properties and those who have the resources buy these houses. However, if you are someone who wants to deal with people like yourself; then, you will have trouble finding the right candidates.

 It is because traditional methods are a lot more limited as compared to using digital sources for selling houses. You have no other option but to wait if you deal for your house in the traditional way only.  However, you can find many buyers more easily if you switch to online selling. 

Bad Neighborhood

You may not see it but not every neighborhood isn’t worth living in. it doesn’t root from the feeling of being better than others. It is rather a basic human want to desire better standards of living. Therefore, if you live in an area that is less than ideal; you are going to have trouble selling it.  

Additionally, if you live in an area where most of the houses are in poor condition then you cannot do anything. It’s not like you can force them to fix and maintain their houses. 

Expired Listing

Another common problem that people come across with traditional property sales, is listing expiry. These expiries are generally because of inexperienced real estate agents. These agents promise more than they can deliver which becomes a problem in the long run. They might even keep you in the dark until you are helpless.  You can always try and list yourself with a new agent but that can take additional time. However, that is something most people do not have.

Therefore, we suggest that you use an online platform, apps, and website to market your home for sale. We are sure that you can get a much better deal this way. 

Slow Moving Properties

The traditional market is problematic and people often have no other option but to deal with a slow market. The slow market refers to a slower process of property sales and purchases. You will have to wait it out if you try and sell your house during such a period. 

These houses can take around 90 days to sell if the market is slow or you do not have someone competent besides you. It is probably why people started switching to online applications and platforms during the corona outbreak. It has helped them keep their sales up and get good deals out of their properties. 

The Buyer Backs Out

Another huge problem is people backing out at the last moment. Imagine being happy with your house sale but the buyer doesn’t go through with it for whatever reason. For example, they might not get the bank loan they were looking forward to. You would not only have an issue with finding a new buyer but will also have to go through all that trouble once again.

Therefore, it is best to rely on reputable and trusted sources only. You should try and take a look at trustable sources like DirectPads, if you want to be mentally at peace during your deal. 

Conclusion

Selling a house traditionally isn’t for everyone. Therefore, if you are someone who isn’t well aware of the market or doesn’t know how things work then you should switch to online sales. It will help you understand things better and maybe getting a good deal on your next house sale. We hope that this guide helps you with your house sale. Ensure reaching out to us if you need more guidance and help with your real estate issues. We will be more than happy to help you out. 

Sources

7 Problems Sellers Face When Selling Their Property Through Traditional Methods
https://www.metisassets.com/blog/the-problems-sellers-face-when-trying-to-sell-their-homes-through-traditional-methods/
What are the challenges of using a traditional or online estate agent?

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Top 10 Places to Buy Furniture And Not Break The Bank

by with No Comment Uncategorized

Decorating a house is one of the most important things that most families do. These homes are special, thus everyone wants to decorate them in a way that looks ideal to them. Now, it is fairly easy to come up with a list of all the things that you may need to make your ideal home. However, it is not as easy to choose the right furniture. Even if you do find the kind of stuff you want, it is not always pocket-friendly.

Therefore, we have compiled a list of 10 places that you can visit the next time you want to buy furniture without breaking the bank. Let us begin.

Top 10 Places to Buy Furniture Without Breaking The Bank

Statement Accents: ABC Carpet & Home

Statement Accents ABC Carpet and home is a boutique-style brand for furniture. Some of its products may be a bit pricey but most of its products are pocket-friendly. They are ideal for anyone who wants to buy good quality furniture while on a budget. Also, the best part is that you can use these furniture items much longer due to superior quality. Thus, they are great even if you buy the more expensive ones as a long-term investment.

The functionality and aesthetics of the page are what make this brand ideal. Their designs are a perfect blend of beauty and features; so, make sure that you give them a look the next time you are off for furniture shopping.

Flea-Market Finds: Chairish

The next pick on our list is Chairish. The place is ideal for anyone who loves vintage and traditional furniture. You can get everything here; especially if you want to decorate a room with the 90s or 80s nostalgia. You can find tons of variety in this shop which makes it ideal for most families. You can find a good furniture piece for an affordable price here if you keep an eye out for it. 

The shop is also accessible via its app that you can access on your laptop or mobile phone. The place isn’t overcrowded or doesn’t have high prices like the other high-end furniture shops. All this makes it ideal for anyone looking for a quick, great deal on their furniture.

Mid-Tier Staples: West Elm

Most buyers do not have thousands of dollars for leather club chairs. It is probably why most of them look for a cheaper and good-quality alternate. West Elm arguably is the best pick for anyone who wants to go fancy while on a budget. 

They offer the most exquisite furniture designs that one can think of. The place is ideal for you if you are looking for huge things like a showcase, or a lounge set that you would like to keep for years to come. 

All you need to do is spend some time in their outlets and we ensure that you will get a good deal on your next furniture purchase. You may also find an accessory such as a nightstand, or perhaps a good entryway bench.

Beautiful Carpets: Homestead Seattle

If you love traditional and vintage carpets; then, Homestead Seattle is the top pick for you. Most of the Persian carpets cross over 10,000 dollars for a single piece. However, you can find a similar carpet for as cheap as $500 here. All you would need to do is get it washed, and it will be as good as new. If you are looking for minimalistic furniture and décor accessories, then this is the ideal pick for you.

Large Basics: IKEA

IKEA is a name that needs no introduction. If you are looking for super pocket-friendly furniture items, then IKEA is your place to go. IKEA offers the widest range of furniture designs and styles to ensure that you get the best options for your home décor. If you are looking for a headboard or something similar, then IKEA is the pick for you. 

You may also find some smaller pieces but it is unlikely. So we suggest that you aim high and get yourself large basics for your next furniture upgrade.

Modern Elegance: CB2

Everyone doesn’t like following vintage designs. Many people want to stay with the world and decorate their houses in the best way possible. Unfortunately, most of these modern design furniture’s aren’t very affordable. It is the biggest reason why most people refrain from upgrading their furniture regularly. 

If you can relate to this problem; then, CB2 is the best option for you. They offer the most elegant, modern designs in furniture that the market could have. The designers complete most of these pieces keeping contemporary designs in mind to help. Thus, they have the latest and the most unique furniture designs available. 

High-Fashion Investments: The Future Perfect

Some people think of decorating their houses as a long-term project. If you want to ensure that you add the best furniture designs to your home; The Future Perfect is the ideal pick for you. The company has built a formidable name for its self thanks to its innovative approach. They are popular for their beautifully crafted pieces of furniture that are bound to boost any room’s beauty and elegance. 

They also have furniture from the most celebrated designers to give your rooms the professional touch that you have missed out on. All of this will ensure a superior and immersive experience with setting your rooms up. So, ensure that you give it a shot.

Conclusion

There are plenty of places you can look up to if you wish to improve your home furniture. Just make sure that you go to a reputable company so that you do not end up wasting your money. We hope that this guide helps you sort things out better. You can reach out to us for more tips and insight on related topics. We will be more than glad to help you.

Sources:

https://www.mydomaine.com/best-places-to-buy-furniture

https://www.thespruce.com/best-places-to-buy-furniture-4164775

Where to Buy Cheap Furniture

house-sold-home-buy

Home Selling Tips for First-Time Sellers One Step at a Time!

by with No Comment SellingUncategorized

The real estate industry is at an all-time high since the ban on closure is no more. People are readily investing in properties. Some are selling their houses while the wealthier groups are buying as much property as they can. Research shows that there is a 3.6% increase in the prices of newly listed houses. These houses are getting more expensive for a wide range of reasons. 

For starters, the pandemic had a huge impact on real estate and things are quite uncertain as they are moving towards normalcy. People are trying their best to either retain their properties or sell them off to buyers for a good price. It is quite difficult to sell these houses for a good price. People who have a good sense of property know how to leverage things in their favor. 

The layman, however, may not be so lucky. Most of these people tend to rely on real estate agents to help process their house sales. You need to understand that these real estate agents were essential in the past. However, there is no particular reason that you still need to rely on them for house sales. Following are some of the tips you should consider if you are selling your house for the first time. 

Home Selling Tips for First-Timers

If you are looking for ways to sell your homes at a better price then the following tips are ideal for you. 

Know Why You Want to Sell

Selling houses has a lot to do with the motivation behind them. You could be selling your home because you have a better house in your sight. You could also be selling your house if you are in dire need of immediate cash. Similarly, each person may have a different reason for selling their house. Each of these subjective situations may bring you to a different circumstance. For instance, if you need cash then you might compromise on the price a bit because you need the cash fast.

You would probably try to get the best deal possible if you need to sell your house to buy a new house. Therefore, it is important to consider why you are selling your house. A great way to deal with this is to make a list of all the negotiable. This negotiable allows sellers to determine the final price for their house that they want.

Research for the Right Time

Timing plays vital role in house sales because they impact the kind of response you might get. For instance, if you live in the northern regions; you might not get sales during the winter seasons, it is best to wait the season out until you can finally get the right response for your house.  You can determine when the market will be suitable by studying the various trends of the real estate market. 

The best time to sell houses would require the least time to sell the house and still get the best prices for it. You might also consider doing a comparative study of the market; we would suggest using online applications and platforms for it because they offer several benefits like comparisons and filters to sort out the perfect house. You can use this information and sell your house when the market seems to hike. It will help you get the best prices for your house while doing the least work. 

For Sale by Owner Strategy

The biggest problem with first-time sellers is that they are unaware of the various tactics that can help owners sell their houses for a better price. You can use them for sale by owner or FSBO tactic and increase your chances of getting a good deal. Less than 10% of the sellers tend to sell their houses without professional help. You don’t need to reach out to a real estate agent for it. You can also check out the online applications and platforms for guidance regarding this. 

You might need to do a few extra things like ensuring that your house is in perfect condition; you should also add your house to multiple listings which cuts the real estate agent’s job in half. You should also register your house online so that you can get a better response and a higher possibility of getting a good deal on your house. 

Complete Home Renovation

Let’s be honest, you wouldn’t want to buy a car that is in a bad shape. Every buyer wants to invest their money in something that seems worth it. You could have the best potential home but still, have trouble selling it if you do not present it right.  The presentation has a lot to do with the kind of response you get with your house. You should invest some money in fixing major things. You could work on broken doors and windows or repaint the doors if you want to make your house look fresher. You can also add little decorative details to your house if you want to ensure that you get the right results for it. 

Buyers will more likely love your house more if it is in perfect shape. It is still important to remember not to go overboard while investing in these renovations. You should focus on the core elements of the house and leave the rest to the right presentation. All of this together will help you break a better deal than you had initially imagined. 

You might also want to take photos of the freshly renovated house and post them on online platforms and applications; so that a wider audience can view your house. You might even see swarms of people coming you buy your house with the right offers. 

Conclusion

Selling your house on your own isn’t as difficult as most people make it sound. You can land a good house sale deal if you follow the above-mentioned tips correctly. All you need to do is ensure that you get your house to the right people. We also suggest registering on Direct Pads if you want a faster house sale. We will guide you with everything there is to know about your selling your first home. Connect with us now. 

Sources:

https://fitsmallbusiness.com/real-estate-statistics/?__cf_chl_jschl_tk__=pmd_2cd8d3b2b25b33dbc5811f6edc3aab59e5b963dc-1628588238-0-gqNtZGzNAeKjcnBszQdO

https://realtorsofedmonton.com/web/RAE_Public/Market_Stats/Monthly%20Market%20Statistics/RAE_Public/Market_Statistics/Monthly_Market_Stats.aspx

https://www.zameen.com/blog/tips-first-time-home-seller.html