Larry Costa REALTOR®
CENTURY 21 Classic Gold | 508-272-8028 | larry@larrycosta.com


Posted by Larry Costa REALTOR® on 10/12/2018

Selling a home requires a combination of careful planning, favorable market conditions, and good luck. As a result, there’s no simple formula for determining when your house will sell. There are, however, things you can do to help increase the odds of your home selling within your timeline.

In this article, we’ll go over some of the reasons homes sell quickly or slowly, and offer some tips on how to plan accordingly so that your home sells at the price you want and within the time you need, so you can get back to your life in your new home.

What you can’t control

Let’s start with the pre existing conditions that you won’t have much sway over when it comes to selling your home. First, there’s the market: is it a buyer’s or a seller’s market? The term “seller’s market” deals with supply and demand. In a seller’s market, there is more demand than supply, and therefore listings often see quicker sales and more frequent offers. These terms are used geographically as well. While we are currently considered to be in seller’s market nationwide, it could vary geographically. Certain cities and regions experience surplus housing and are therefore considered buyer’s markets.

What you might be able to control

One factor in the amount of time it takes for your home to sell that you have some control over is when you put it on the market. A new study has found that the best time to sell a home is early March to late April, depending on your geographic location.

For you, this means ensuring that your home is ready to be listed by the end of January. That means you won’t want to delay in getting outdoor issues taken care of before winter arrives if you live in a colder climate. It’s much easier to work on roofs and driveways or septic systems before temperatures reach freezing.

What you can absolutely control

Now that we’ve talked about those details which are out of your hands, let’s talk about what you can do now to increase the likelihood of your home selling when you need it to.

First, be sure to price your home accurately. Any time that your house sits on the market with an inflated price is time wasted.

Next, stay on track with home improvements and upgrades that will increase the interior appeal and curb appeal of your home. That means fresh coats of neutral paint, a lot of cleaning and decluttering, and some appropriate landscaping. It’s important to remember, however, that some upgrades aren’t very cost-effective, so be sure to do your research before taking on big home improvement projects.

Right before you put your home on the market, take the time to stage the home and take great photos. Cell phone pictures of a dirty house with poor lighting won’t do you any favors. If you know a photographer, enlist their help for the day to make sure your photos stand out on listing websites.

If you follow these tips and remain consistent in communicating with your real estate agent, there’s no reason you shouldn’t sell your home within the timeframe needed for you and your family.





Posted by Larry Costa REALTOR® on 9/21/2018

A home repair checklist can make a world of difference for any home seller, at any time. With this checklist in hand, a home seller can prioritize assorted home repairs. Plus, a home repair checklist helps ensure that a seller can enhance his or her house before adding it to the real estate market.

Ultimately, there are several items to include in a home repair checklist, such as:

1. Inspecting and Repairing the Roof

If you notice damaged, loose or missing roof shingles, you'll want to repair or replace these shingles immediately. That way, you can improve your home's roof – something that may make your house more attractive than others to dozens of potential buyers.

Remember, many homebuyers don't want to deal with the hassle of roof repairs. If you allocate the necessary time and resources to repair your roof today, you can include details about your upgraded roof in your home listing. Thus, roof repairs may help you increase the likelihood of a fast, profitable home sale.

When it comes to roof repairs, it often pays to hire professionals. Reach out to local roof repair companies, and you should have no trouble upgrading your house's roof.

2. Sealing Cracks and Gaps in Windows and Doors

Cracks and gaps in windows and doors can cause warm or cold air to leak outside a house. As a result, these problems can drive up a homeowner's monthly heating and cooling bills.

Fortunately, sealing cracks and gaps in windows and doors can be quick and easy. In most instances, caulk or weather stripping can help minimize these issues. Or, you can always reach out to local contractors for professional assistance as well.

3. Power-Washing Windows and Siding

Your home's curb appeal can have a significant impact on how quickly your residence sells. If you power-wash your residence's windows and siding, you can instantly boost your home's curb appeal and help your residence stand out to potential buyers.

Oftentimes, you can rent a power-washer from a home improvement store. You also may choose to buy a power-washer; by doing so, you can use your power-washer both now and in the future.

A home repair checklist is a must-have for home sellers, regardless of the current housing market's conditions. If you need extra help determining which home repairs to complete prior to listing your residence, you may want to collaborate with a real estate agent too.

By hiring a real estate agent, you can receive expert guidance throughout the home selling journey. A real estate agent can put you in touch with the best local contractors to help you finish myriad home repairs. In addition, a real estate agent will help you promote your residence to the right groups of buyers and ensure that you can generate substantial interest in your house.

Ready to sell your house? Include the aforementioned items in your home repair checklist, and you can upgrade your residence in no time at all.





Posted by Larry Costa REALTOR® on 7/27/2018

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.




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Posted by Larry Costa REALTOR® on 4/6/2018

After you accept a buyer's offer to purchase your house, it may be only a few weeks until you finalize your home sale. However, problems may arise that slow down the home selling process. And if these problems linger, they may stop your home sale altogether.

As a home seller, it is important to do everything possible to ensure the home selling journey is quick and seamless. If you know what to expect after you accept a buyer's offer to purchase your residence, you can prepare accordingly.

Now, let's take a look at three tips to help you wrap up a home sale.

1. Negotiate with a Homebuyer As Necessary

Typically, a homebuyer will request a house inspection after his or her offer to purchase your residence is accepted. This appraisal will enable a buyer to identify any underlying problems with your home. It also may lead a buyer to request a price reduction or property repairs in order to finalize a home sale.

Although you may have allocated significant time and resources to upgrade your residence before you listed it, a home inspector still might identify assorted house issues. In this scenario, you should be ready to negotiate with a homebuyer to find a solution that satisfies the needs of all parties involved in a home transaction.

2. Remain Patient

Ultimately, the period between when you accept an offer to purchase your house and closing day may seem endless. At this time, try to remain patient and focus on the big picture, and you may be better equipped than ever before to limit problems that could slow down your house sale.

It generally is a good idea to be open to communication with a homebuyer as well. If you keep the lines of communication open with a buyer, both parties can work together to ensure a home sale goes according to plan.

3. Collaborate with a Real Estate Agent

For those who are stressed out about the home selling journey, there is no need to worry. In fact, if you work with a real estate agent, you can receive expert guidance at each stage of the home selling journey.

A real estate agent is committed to helping you achieve the best-possible results. He or she will collaborate with you throughout the home selling journey and help you identify and address any potential home selling hurdles.

Let's not forget about the assistance that a real estate agent provides after you accept a buyer's offer to purchase your home, either. At this point, a real estate agent will keep you up to date about a home inspection request and the final results of an inspection. Plus, as closing day approaches, a real estate agent will help you get ready for the big day.

Take the guesswork out of selling your house – use the aforementioned tips, and you should have no trouble wrapping up a home sale.




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Posted by Larry Costa REALTOR® on 3/30/2018

If you plan to sell your house, you should be proactive. Because, in most cases, a proactive home seller is a successful home seller.

With a proactive approach, a home seller can find unique ways to differentiate his or her house from the competition. That way, this home seller can boost his or her chances of a quick, profitable home sale.

Now, let's take a look at three best practices for proactive home sellers.

1. Upgrade Your Home's Interior and Exterior

Ensure your house looks great both inside and out. By doing so, you can guarantee your residence will make a long-lasting impression on homebuyers.

When it comes to improving your home's interior, it pays to mop the floors, wipe down the walls and ceilings and perform assorted home interior maintenance. If you need extra help along the way, you can always hire a professional home cleaning company as well.

To upgrade your home's exterior, you should mow the lawn, remove dirt and debris from walkways and perform any necessary home siding repairs. Remember, your house only gets one chance to make a positive first impression. And if your home's exterior dazzles, it will increase the likelihood that a buyer will want to set up a home showing.

2. Conduct a Home Appraisal

What you paid for your house a few years ago is unlikely to match your home's value today. Luckily, a home appraisal can help you set a competitive price for your residence from day one.

During a home appraisal, a professional appraiser will examine your home's interior and exterior. He or she also will evaluate assorted housing market data and use all of this information to provide a property valuation.

After you receive a home appraisal report, you should review the report findings closely. By leveraging all of the report data, you should have no trouble establishing a competitive price for your residence.

3. Work with a Real Estate Agent

If you want to be a proactive home seller, you need to work with a real estate agent. In fact, a real estate agent will do everything possible to help you accelerate the home selling process and ensure you can get the best price for your house.

A real estate agent understands the ins and outs of selling a home and will teach you about the home selling journey. Plus, he or she will learn about your home selling goals and guarantee you can accomplish your aspirations.

Perhaps best of all, a real estate agent is happy to set up home showings and open houses, promote your residence to potential buyers and negotiate with a buyer's agent on your behalf. And if you have home selling questions, a real estate agent is happy to answer them.

There is no need to take a wait-and-see approach to selling your home. Instead, use the aforementioned tips, and you can become a proactive home seller.




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