MDM Realty, Inc - MDM Realty, Inc



Posted by MDM Realty, Inc on 5/22/2018

Let's face it – in today's fierce real estate market, home sellers need any competitive advantage that they can get. Lucky for you, real estate agents are available to ensure that you can maximize the value of your residence.

After you hire a real estate agent, the home selling may move quickly. In fact, the most common steps associated with the home selling process include:

1. Prepping Your House

As a home seller, you'll want to do everything possible to ensure that your residence looks great both inside and out.

Your real estate agent can help you prep your house before it is listed on the housing market. He or she may offer tips about how you can transform your home's ordinary interior into an exceptional one. Plus, your real estate agent can put you in touch with home cleaning companies, landscapers, painters and other home improvement professionals who can help you take your home's appearance to the next level.

2. Hosting Open Houses and Home Showings

Open houses and home showings represent essential parts of the home selling and homebuying cycles. For home sellers, these events enable you to showcase your residence to a large group of homebuyers quickly. Meanwhile, open houses and home showings enable homebuyers to browse a wide range of properties without delay.

Your real estate agent will keep you up to date about open houses and home showings. This real estate professional will always provide you with sufficient notice any time a homebuyer wants to check out your home as well.

Hosting open houses and home showings can be stressful, particularly for home sellers who have already committed substantial time and resources to improve their properties. Fortunately, your real estate agent will set up plenty of open houses and home showings to generate substantial interest in your property. He or she also will share homebuyers' feedback with you, ensuring that you can complete myriad home maintenance and upgrade projects as needed.

3. Responding to Home Offers

After your home reaches the real estate market, it may be only a matter of days before you receive your first offer.

Your real estate agent will inform you about any offers on your residence, and you likely will have 24 to 48 hours to determine whether to accept, decline or counter a homebuyer's proposal.

Although you only have a short amount of time to assess a homebuyer's offer, your real estate agent is happy to help you determine how to proceed. This real estate professional will enable you to establish realistic expectations for your home before you list your property. That way, you'll be able to see how your home stacks up against the competition and price it properly.

Furthermore, your real estate agent will negotiate with a homebuyer on your behalf. And if you don't feel comfortable with an offer on your home, your real estate agent will respond to a homebuyer's proposal accordingly.

There is no need to stress when you sell your home. If you hire an experienced real estate agent, you should have no trouble accelerating the home selling process and optimizing the value of your residence.




Categories: Uncategorized  


Posted by MDM Realty, Inc on 5/15/2018

Selling a home may prove to be a long, arduous process. However, if you act as a reasonable home seller, you can identify home selling challenges and overcome such problems without delay.

Now, let's take a look at three tips that you can use to become a reasonable home seller.

1. Learn About the Housing Market

Real estate is complex, particularly for home sellers. Fortunately, many housing market resources are available to help you become a real estate expert.

For example, any home seller can perform an online search to evaluate the housing market in any city or town. Then, a home seller can use this real estate data to analyze the prices of houses that are similar to his or her own and price a residence appropriately.

Home sellers also should look at the prices of recently sold houses in nearby areas. That way, a home seller can find out whether he or she is preparing to enter a seller's or buyer's market and plan accordingly.

2. Try Not to Get Too Emotional

Let's face it – any home selling journey likely includes plenty of ups and downs. But a home seller who understands the best- and worst-case home selling scenarios may be better equipped than others to stay calm, cool and collected, even in the most challenging situations.

Although a home seller may expect his or her home to sell quickly, it is important to set realistic expectations before you list a residence. This will enable you to avoid potential pitfalls that otherwise can prevent you from achieving your home selling goals.

For example, a home seller who receives a home appraisal will have a good idea about the true value of his or her house. And if the home seller receives a home offer that falls well below the appraisal amount, he or she won't feel disappointed. Instead, this home seller should have no trouble politely declining or countering the proposal.

3. Consult with a Real Estate Agent

If you're unsure about how to price your home or promote your house to the right groups of homebuyers, it often pays to get expert help. Lucky for you, real estate agents are available in cities and towns nationwide, and these housing market professionals can help you make informed home selling decisions.

A real estate agent possesses comprehensive housing market expertise and is happy to share his or her home selling insights with you. This means if you ever have questions about what to include in a home listing, your real estate agent can help you out. Or, if you are uncertain about whether to upgrade your house's interior or exterior, your real estate agent is available to provide honest, unbiased home improvement recommendations.

Becoming a reasonable home seller can make a world of difference in any housing market, at any time. Take advantage of the aforementioned tips, and you can quickly and effortlessly navigate the home selling journey.




Categories: Uncategorized  


Posted by MDM Realty, Inc on 5/8/2018

Comparative market analysis is a tool that helps sellers to know about how much their home is worth. It gives an overview of what a good price for the home is in the current market based on comparable properties. Different realtors have different practices as to how they present this information. CMAs can vary from a two page list to a 50-page guide. The reports vary as to how in-depth they get as well. The important things is the information that they contain. 


What Data Does A Comparative Market Analysis Contain?


  • Active listings of homes currently for sale
  • Homes that are pending being listed
  • Homes that have sold in the past 6 months
  • Off market homes
  • Homes that have withdrawn from the market
  • Cancelled listings


Why Homes May Have Been Taken Off The Market


Homes can go on and off the market for a variety of reasons. These reasons include seller’s remorse, high pricing, requests for repairs, or the seller may have hired a completely new agent.


Looking At Comparable Sales


Comparable sales are the homes that have recently sold and are most closely related to your home. You’ll want to find the homes on the list that are most like your home. When finding comparable homes, take the following into consideration:


  • Similar square footage
  • Same rough age
  • Comparable condition
  • Similar upgrades
  • Close proximity to the same neighborhoods, schools, and amenities


It’s important when you’re using these comparative reports that you find homes on the list that are very similar to your own. You don’t want to be comparing the price of an 8-room split level with an 11-room colonial. You also need to keep in mind that there are some neighborhoods that are more desirable than others. If one house is much closer to a sought after school than your home, you’ll need to take that into consideration for a price point. 


Location


Location may be one of the most valuable things about your home that you can’t really change. Buyers seek to live in a certain area of town and are willing to pay top dollar to do so. If you find that nearby homes are selling for much more or much less than homes even closer to yours, the location of your home may be a huge factor.  


The comparative market analysis is just one tool that your real estate agent uses to help you price your home just right and use the right marketing tools to sell it. These reports help you to be an informed seller. Comparative market analysis reports are just one more good reason that you need a real estate agent to help you sell your home.





Posted by MDM Realty, Inc on 1/23/2018

After years in your current residence, you're ready for a change. As such, you've decided to add your home to the real estate market in the hopes of moving on to bigger and better things. Selling a home can be a daunting task, particularly for first-time sellers. Fortunately, we're here to help you maximize the value of your home and accelerate the home selling process. Here are three tips that will ensure you can become an informed first-time home seller: 1. Stay the Course. Although you may expect immediate interest in your residence, it may take some time for interest in your home to pick up. However, a patient, dedicated home seller knows how to stay the course and remain calm, cool and collected throughout the home selling process. For instance, a home seller may add his or her residence to the real estate market and continue to share the online home listing with friends, family members and colleagues. By doing so, this home seller may be able to stir up interest in his or her residence over an extended period of time. It also is important to remember that Rome wasn't built in a day, and much in the same vein, the first offer you receive on your residence might not be the best one. As a result, you should only accept an offer that makes you feel comfortable, i.e. an offer that meets your expectations. 2. Don't Sweat the Small Stuff. After you accept an offer from a homebuyer, the buyer likely will want to set up a home inspection. And if he or she encounters unforeseen problems with your home, problems could arise that may slow down the home selling process. If a homebuyer notices substantial issues with your home, he or she may rescind an offer or ask that these problems be resolved. Furthermore, home repairs can be costly, which means you may be forced to invest in expensive home improvements or risk missing out on an opportunity to sell your home. As a home seller, you may encounter obstacles as you attempt to sell your home. But when difficulties arise, try to focus on what's important – selling your home, maximizing its value and ensuring both you and the homebuyer are satisfied with the end results. A home seller who lets minor issues cause his or her blood pressure to rise may put a home sale in danger. Therefore, if you feel stressed, take a deep breath and try to work with a homebuyer to find a resolution that fits both sides. 3. Employ a Real Estate Agent. The home selling journey often is filled with twists and curves along the way. But with a real estate agent at your side, you'll be able to overcome any pitfalls immediately. Your real estate agent can promote and showcase your residence to prospective homebuyers. This professional also will provide expert tips, enabling you to streamline the process of selling your house. Remove the guesswork from the home selling journey – become an informed first-time home seller, and you can speed up the process of generating interest in your house.





Posted by MDM Realty, Inc on 1/16/2018

Looking to add your home to the real estate market in the near future? Home interior improvements are a must, especially if you want your residence to stand out from the competition.

Believe it or not, your bathroom can serve as a key differentiator for your home. With a neat, tidy bathroom, you may be able boost your home's appeal to potential homebuyers. On the other hand, a messy bathroom is unlikely to do you any favors in a fierce housing market.

If you spend some time cleaning your house's bathroom from top to bottom, you could increase your chances of a quick home sale. Lucky for you, we're here to provide simple, effective bathroom cleaning tips so you can enhance your house's bathroom.

Here are three bathroom cleaning tips that every home seller needs to know.

1. Use an All-Purpose Bathroom Cleaner on the Sink

Dirt and grime may form in your bathroom sink over an extended period of time. Thankfully, an all-purpose bathroom cleaner will make it easy for you to eliminate residue from your bathroom sink.

An all-purpose bathroom cleaner is a great option to remove light soil and film from a bathroom sink. And if you need extra help, you can always use an abrasive or soft-scrub cleaner as well.

2. Scrub the Shower and Bathtub

When was the last time you cleaned your shower and bathtub? If it's been several years, then there's no time like the present to scrub down every inch of your shower and bathtub and give them a fresh look and feel.

Abrasive scrubbing pads are ideal to remove bathroom rings or deposits on shower floors. Also, tile brushes will enable you to scrub tile grout and clean cracks and corners as needed.

3. Spend Some Time Cleaning the Toilet

Let's face it – no one likes cleaning the toilet. However, a home seller will need to spend some time cleaning the toilet to ensure a home's bathroom stands out for all the right reasons.

Toilet bowl cleaner dissolves deposits and kills germs, and as such, can help you speed up the process of cleaning a toilet. Plus, you can use a toilet bowl cleaner in conjunction with a strong, durable toilet bowl brush to eliminate all deposits with ease.

Lastly, don't forget to use a disinfecting spray cleaner on the toilet rims, seat, lid, tank and bowl exterior. Wipe down these areas, and you'll be able to enhance your toilet's overall appearance.

If you're unsure about how to improve your bathroom, be sure to consult with a real estate agent before you list your home. This real estate professional is happy to provide home selling tips and ensure you can revamp your house's interior and exterior.

A real estate agent can serve as an expert guide to the home selling process and will offer tips along each stage of the home selling journey. Therefore, if you work with a real estate agent, you should have no trouble maximizing the value of your house.