Regarding Real Estate LLC



Posted by Regarding Real Estate LLC on 10/23/2018

If youíre trying to decide whether or not you should put a pool in at your home, thereís a lot to think about. You donít want to regret spending a sizable amount of money. You may picture a life of luxury with a pool, but thereís a lot involved with the installation of it. It can be quite an ongoing investment to put in a pool. Maintenance, repairs, and more are involved. Depending upon the climate you live in, you may need to put a cover on the pool during the offseason as well.


When Putting In A Pool Is A No-Brainer


If you live in a warm climate like California, Florida, Hawaii, Or Arizona, it makes total sense to invest in a pool. these places get the maximum benefit from pool installation since the pool can be used the whole year through. 


If you have a large yard and are able to accommodate both a pool and some yard space, itís also not a bad idea to put in a pool. The important thing is that you understand that youíre not always going to get a return on your investment when you sell your home. Not all homebuyers like pools and often the presence of a pool can even deter some buyers from even looking at the home.


Questions To Ask Regarding Return On Investment:


  • Does a pool fit in with the neighborhood?
  • Is the pool in good condition?
  • How old is the pool?

The idea with homes that have pools is to attract the right buyers. Many times, families with young children stay away from properties with pools since they see it as a safety hazard. Other home shoppers may fall in love with the property because of the pool. The important thing about putting in a pool is knowing that you as a homeowner will enjoy the feature. 


Costs


The average cost to put in a pool in the US is around $30,000. Thatís just a basic pool. Youíll probably need to add a few more details like fencing, pool furniture, and more landscaping. That can cause the total investment to rise significantly. The type of pool that you choose also has an effect on the cost of the project. Donít forget about the added energy expenses of running a filter and putting a heater in the pool. 


Insurance


When you have a pool, youíll need to change the type of insurance that you have. The pool can increase your insurance costs significantly. There also could be certain requirements set forth by the insurance company, such as the pool needing to be fenced in. 


While adding a pool to your home may make your life more enjoyable, it may not add to the value and return you get on your home. Donít over invest in an amenity that wonít give you the returns your looking for unless youíre prepared and know that you as a homeowner will truly enjoy the pool.





Posted by Regarding Real Estate LLC on 10/9/2018

After you receive an offer to purchase your residence, determining the best course of action often can be difficult. Because if you make the wrong decision, you risk missing out on an opportunity to sell your house and maximize its value.

Ultimately, it may prove to be beneficial for a home seller to submit a counter-offer. There are many reasons why a seller may choose to provide a counter-proposal, and these include:

1. A homebuyer's initial offer to purchase fails to match your expectations.

Although a homebuyer's initial offer to purchase your residence fell below your expectations, you can always submit a counter-offer to find out if a buyer is negotiable. That way, you may be able to work with a buyer to find a common price that is suitable for all parties.

When it comes to selling a house, there is no harm in submitting a counter-offer. Remember, the worst response a home seller will receive to a counter-proposal is a simple "No." And even in the worst-case scenario, a seller can move forward with the property selling journey and await an offer to purchase that matches his or her expectations.

2. You are flexible about the price of your house.

As a home seller, you probably realize that what you originally paid for your house is unlikely to match your residence's current value. But even if you set a competitive initial asking price for your home, you may still want to negotiate a counter-offer if a buyer's initial proposal falls short.

The housing market constantly fluctuates, and a sector that favors sellers today may favor buyers tomorrow. Thus, if you are flexible about the price of your house, you can always negotiate a price with a buyer that accounts for the present state of the real estate sector.

3. You want to get the best-possible price for your residence.

The goal of the home selling journey is to obtain the best price for your home, regardless of the real estate market's conditions. Therefore, rather than accept or reject an offer to purchase, it may be beneficial to see if you can receive a better proposal from a buyer.

As you move along the home selling journey and review an offer to purchase, you should not hesitate to collaborate with a real estate agent. With a real estate agent at your side, you can receive plenty of guidance throughout the home selling journey.

Typically, a real estate agent will help you list your residence and promote it to prospective buyers. He or she will set up home showings and open house events and keep you up to date about any offers to purchase your residence. Then, when you receive an offer to purchase, you and your real estate agent can work together to determine how to proceed.

Hire a real estate agent Ė you'll be glad you did. By employing a real estate agent, you can get the help you need to fully analyze an offer to purchase your residence.





Posted by Regarding Real Estate LLC on 9/11/2018

You don't need to be a home selling expert to counter a buyer's offer to purchase your house. In fact, sellers who know what factors to consider as they evaluate a homebuying proposal may be better equipped than others to submit a successful counter-offer.

Now, let's take a look at three factors a seller should consider before countering a buyer's offer to purchase his or her home.

1. Your Home Selling Goals

If an initial offer to purchase your home falls shy of your property selling expectations, there is no need to stress. By countering this proposal, you and a buyer may be able to find common ground. And as a result, both parties may be able to come to an agreement on a house sale.

Analyze your home selling goals closely. And if you find a buyer's offer to purchase comes close to helping you achieve your goals, you may want to submit a counter-proposal.

2. Your Home's Condition

The condition of your home may have far-flung effects on your house selling experience. If your home is in need of assorted upgrades, a buyer may be more inclined than ever before to account for these repairs in his or her offer to purchase. Meanwhile, as a home seller, you need to consider your residence's condition as you assess an offer to purchase and proceed accordingly.

If you feel a buyer's initial offer to purchase your home is low based on your residence's condition, you may want to counter the proposal. However, if you account for the costs of potential home repairs in your counter-proposal, you may be able to come to terms with a buyer on a home selling agreement.

3. Your Home's Price

Although you may have allocated significant time and resources to price your home appropriately based on the current real estate market's conditions, you may receive an offer to purchase that falls short of your expectations. Fortunately, if you submit a counter-proposal, you can make it clear about what price you are willing to accept for your residence. And if you provide a counter-offer to an initial homebuying proposal, you can show a buyer exactly how much he or she will need to pay to purchase your house.

As you analyze an offer to purchase your home, keep in mind that you can always collaborate with a real estate agent too. If you work with a real estate agent, you may be able to gain the insights you need to make an informed property selling decision.

Typically, a real estate agent can help you weigh the pros and cons of accepting, rejecting or countering an offer to purchase your house. If you are looking for in-depth home selling recommendations and suggestions, a real estate agent is happy to provide them to you at your convenience.

Assess an offer to purchase your home carefully Ė you'll be glad you did. If you feel you may be able to reach an agreement with a buyer, you may want to counter his or her homebuying proposal.





Posted by Regarding Real Estate LLC on 9/4/2018

When you decide to sell your home, thereís a long list of things that youíll need to do from finding a real estate agent to making repairs around the home. Itís nice to have a to-do list handy to help you figure out what you need to do and when throughout the course of the sale of your home. 


Find Out The Estimated Value Of Your Home


You should do a quick search online to see what your property is valued at. Some websites even have the number of views that your property has gotten over its lifetime on the site. This will give you an idea of how much you might get for the sale of your home as well as how much interest there may be in buying the home to begin with. If you see what your, home has listed in a basic online search, youíll be able to tell what needs to be updated when the home is actually listed by your realtor.   


Get Things Fixed


If there have been issues in the home, you should work on getting them fixed. Youíll also need to know what has happened in the home over the years in order to put together a proper disclosure. Has the basement flooded? Did you face an electrical fire?  All of these problems need to be listed. You can also disclose what you did to remedy the issues. The buyer has a right to know and understand that they are moving in under good conditions. 


Learn About Potential Real Estate Agents


Itís so important to hire the right agent when youíre selling your home. You are getting a return on your initial investment, so you want it to be a good one! Youíll also want to know that you have someone who will be there to do home showings, process paperwork, and be your advocate throughout the process. You can contact various references that real estate agents provide and ask how they felt about the agentís work. 


Find Out How Your Home Will Be Marketed


In Todayís technology-based world, there are so many ways that a home can be marketed. This includes the use of websites, social media, open houses, video tours, and photos. Your agent should be well-versed in all of these areas, or be able to hire people who do know how to best use these areas of marketing. Every avenue that is used to get buyers for your home is beneficial to you as a seller.



Understanding the process of how a home is sold can help you to be prepared when youíre ready to sell.





Posted by Regarding Real Estate LLC on 8/28/2018

If you receive a "lowball" offer to purchase your house, your first reaction may be to respond with an immediate "No." However, it is important to evaluate any offer to purchase your house closely. Because if you weigh the pros and cons of rejecting an offer to purchase your home, you'll be better equipped than ever before to make an informed decision about any homebuying proposal you receive.

Now, let's take a look at three factors to consider before you reject an offer to purchase your residence.

1. Your Home's Price

What you may consider to be a lowball offer to purchase your home may actually be a competitive homebuying proposal Ė it all depends on the current state of the housing market. Thus, if you analyze the housing market, you can find out how your home's price stacks up against the prices of comparable houses and review an offer to purchase accordingly.

If you find your home's price falls in line with similar houses in your city or town, you likely have a competitive initial asking price in place. And if a buyer's offer to purchase your home falls short of your house's initial asking price, you may want to decline the proposal.

On the other hand, if your home is priced much higher than comparable residences in your area, you may want to adjust your home selling expectations. In this instance, you may find a lowball offer to purchase turns out to be a competitive homebuying proposal. As a result, you may be more inclined to accept the proposal based on the current housing market's conditions.

2. Your Home's Condition

Oftentimes, buyers will account for potential home repairs or upgrades they will need to complete if they acquire a house. This means a buyer may submit an offer to purchase below a seller's initial asking price due to the fact that a house may require assorted repairs or upgrades in the near future.

Take a look at the condition of your home Ė you'll be glad you did. If you find your home is in need of significant repairs or upgrades, you may want to consider these projects before you reject a buyer's offer to purchase your house.

3. Your Home Selling Goals

It generally is a good idea to start the home selling journey with goals in hand. That way, if an offer to purchase your house allows you to achieve your home selling goals, you can accept the proposal. Or, if an offer to purchase your house moves you further away from accomplishing your home selling goals, you can reject the proposal.

As you get set to complete the home selling journey, you may want to hire a real estate agent too. This housing market professional can help you assess any offers to purchase your house, at any time. By doing so, a real estate agent can help you determine how to proceed with an offer to purchase and ensure you can make the best-possible decision.







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