Jill Finkelstein - Compass



Posted by Jill Finkelstein on 10/6/2019

As a first-time home seller, it is important to avoid shortcuts. By doing so, this home seller may be better equipped than others to reduce the risk of accepting a "lowball" offer on his or her residence.

A lowball offer is something that every home seller would like to avoid. Yet a home seller who lacks real estate knowledge and insights may struggle to identify a lowball offer, particularly if he or she is listing a residence for the first time.

Ultimately, there is no need for a first-time home seller to settle for a lowball offer. Lucky for you, we're here to teach you how to identify a lowball offer in any real estate market, at any time.

Now, let's take a look at three tips to help a first-time home seller identify and address a lowball offer on his or her residence.

1. Learn About the Housing Market

The housing market often fluctuates, and a real estate sector that favors home sellers today may morph into one that favors homebuyers tomorrow. As such, a first-time home seller should allocate the necessary time and resources to monitor real estate market patterns and trends closely.

To learn about the housing market, it is essential to analyze available houses in your city or town. Furthermore, don't forget to assess available houses that are similar to your own.

Housing market data can provide pivotal insights that a home seller can use to stir up substantial interest in his or her residence. Plus, these insights can help a home seller establish a competitive price for a home, thereby reducing the risk of receiving a lowball offer on his or her house.

2. Understand Your Home's Value

For first-time home sellers who want to avoid lowball offers, a home appraisal is ideal. In fact, a home appraisal can make it simple for a first-time home seller to understand what his or her property is worth based on its current condition.

As part of a home appraisal, a property inspector will assess a house both inside and out. After the appraisal is completed, the inspector will provide a home seller with a report that outlines his or her findings. Then, a home seller can use the report findings to review a house's strengths and weaknesses and complete home improvements as needed.

A home appraisal can help a home seller uncover ways to bolster a house's interior and exterior. In addition, the appraisal can provide insights that highlight a home's true value and help a home seller minimize the risk that he or she will accept a lowball proposal.

3. Collaborate with a Real Estate Agent

A first-time home seller may be uncertain about how to proceed with an offer. Fortunately, real estate agents can provide unparalleled insights into the housing market and help home sellers make informed decisions.

In most instances, a real estate agent is happy to discuss an offer with a home seller. This housing market professional can offer honest, unbiased home selling recommendations to ensure a home seller can differentiate between a lowball offer and a strong proposal as well.

Avoid the danger of accepting a lowball offer on a residence use the aforementioned tips, and a first-time home seller will be better equipped than ever before to accept the best proposal for his or her house.




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Posted by Jill Finkelstein on 9/22/2019

You don't have to be an expert home seller to maximize your house sale earnings. In fact, there are many things that you can do to optimize the profits from your home sale, such as:

1. Craft an Effective Home Listing

An effective house listing enables you to make a great first impression on prospective homebuyers. Thus, if you dedicate time and resources to craft an effective house listing, you could boost the likelihood of enjoying a profitable home selling experience.

Ultimately, an effective house listing includes relevant information about your residence. It enables a buyer to perform an objective evaluation of your house and determine if your residence matches his or her expectations.

You may want to incorporate high-resolution photos of your residence into your home listing as well. These photos can help buyers envision what life may be like if they purchase your house. As a result, they could help you differentiate your home listing from all others and generate significant interest in your house.

2. Upgrade Your Home's Interior and Exterior

Clean each room of your house. By doing so, you can help buyers see your residence's full potential when they attend a home showing or open house event.

Enhance your house's exterior, too. By mowing the lawn, trimming the hedges and performing other home exterior upgrades, you can instantly bolster your residence's curb appeal.

Of course, if you need help with home interior and exterior upgrades, don't hesitate to reach out to professionals for assistance. With home interior and exterior professionals at your side, you can get the help you require to immediately upgrade your residence's appearance.

3. Employ a Real Estate Agent

A real estate agent understands the ins and out of selling a house. He or she also possesses the talent and confidence to help you achieve your desired home selling results as quickly as possible.

Typically, a real estate agent and a home seller will work together to craft a top-notch house selling strategy. A real estate agent initially will learn about a home seller and his or her residence. Then, a real estate agent will offer tips and recommendations to help a home seller seamlessly navigate the house selling journey. And if a seller has any concerns or questions, a real estate agent can respond to them.

A real estate agent goes above and beyond the call of duty to streamline the home selling process. For example, if you are unsure about how to promote your residence to the right groups of buyers, a real estate agent will make it simple to host home showings and open house events. On the other hand, if you are uncertain about whether to accept an offer to purchase your home, a real estate agent can help you make an informed decision.

Want to maximize your home sale earnings? Take advantage of the aforementioned tips, and you should have no trouble getting the best price for your residence.




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Posted by Jill Finkelstein on 8/11/2019

Selling a home sometimes can be a hassle, particularly if a homebuyer wants to negotiate. Fortunately, expert real estate agents are happy to help you take the guesswork out of a home selling negotiation.

Ultimately, there are several reasons why you should consider hiring a real estate agent to handle a home selling negotiation, including:

1. A real estate agent boasts comprehensive experience with home selling negotiations.

Let's face it a home selling negotiation can be stressful. But with a real estate agent at your disposal, you can receive plenty of guidance as you make the final push to sell your residence.

A real estate agent is a master of the art of negotiation. As such, he or she will help you seamlessly navigate a home selling negotiation.

Perhaps best of all, a real estate agent can help you up to date as a home selling negotiation approaches its conclusion. This housing market professional will even provide honest, unbiased recommendations, ensuring you can make informed decisions at each stage of a negotiation.

2. A real estate agent will ensure both you and a homebuyer get the best results possible.

As a home seller, your goal is to get the best price for your residence. Meanwhile, a homebuyer likely wants to purchase your residence at a price that suits his or her budget perfectly.

Finding common ground with a homebuyer may prove to be difficult. Lucky for you, a real estate agent will work with both a home seller and a homebuyer to guarantee both parties are satisfied with the end results of a negotiation.

A real estate agent will allocate the necessary time and resources to understand your home selling goals and help you plan accordingly.

Furthermore, this housing market professional will serve as a liaison between you and a homebuyer. He or she will work directly with you and a homebuyer to finalize a home sale agreement that meets the needs of both property seller and buyer.

3. A real estate agent will help you overcome any challenges during a home selling negotiation.

There is no need to let challenges arise during a home selling negotiation. Conversely, a real estate agent will help you identify any potential problems and mitigate such issues before they escalate.

For example, a homebuyer may make a variety of home improvement demands after a property inspection. And if a home seller refuses to complete these property improvements, a homebuyer may walk away from a home sale.

A real estate agent will help a home seller prep his or her house for a property inspection. Plus, he or she can provide details about a homebuyer's demands after a property inspection and help a home seller determine the best way to proceed.

Ready to finalize a home sale? Collaborate with a real estate agent you'll be glad you did. A real estate agent will go above and beyond the call of duty to assist you during a home selling negotiation and ensure you can optimize the value of your house.




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Posted by Jill Finkelstein on 7/14/2019

A home seller may dread the thought of dealing with an aggressive property buyer, i.e. an individual who submits many requests for property improvements or price reductions prior to the closing of a home sale. Fortunately, we're here to help you take the guesswork out of dealing with an aggressive homebuyer.

Now, let's take a look at three tips to help a home seller get the best-possible results when he or she deals with an aggressive property buyer.

1. Keep Your Cool

Let's face it an aggressive homebuyer may test your patience. But if you remain calm, cool and collected when you deal with an aggressive homebuyer, you may be better equipped than ever before to accomplish your desired home selling results.

Remember, the ultimate goal of the house selling journey is to maximize your property sale earnings. If you remain open to communication with a buyer, both you and this individual can work together to find common ground. And as a result, you and a buyer can collaborate to achieve the optimal results.

2. Know Your Options

If a buyer makes exorbitant requests during the home selling journey, it is important to keep in mind that you have options. And if problems start to escalate, you may be able to walk away from a property selling agreement.

For example, if an aggressive buyer conducts a home inspection and asks for a massive price reduction following the evaluation, you can still negotiate with this buyer. And if you and the buyer cannot come to terms, there is no need to stress. At this point, you can move on from a potential home sale and re-list your residence.

3. Hire a Real Estate Agent

Dealing with an aggressive homebuyer can be worrisome. For sellers who want to avoid the potential dangers associated with dealing with an aggressive buyer, it may be beneficial to hire a real estate agent.

In addition to guiding you along the property selling journey, a real estate agent is happy to help you negotiate with a buyer and his or her agent. That way, you can boost the likelihood of enjoying a quick, profitable house selling experience.

Typically, a real estate agent will serve as a liaison between you and a buyer. And if a buyer requests property upgrades or a price reduction prior to closing day, a real estate agent can offer recommendations about how to proceed with these requests.

A real estate agent also is available to respond to any of your home selling concerns or questions. This housing market professional understands the property selling experience can cause a seller to worry, especially if this individual is forced to deal with an aggressive buyer. But with a real estate agent's assistance, a seller can take the necessary steps to minimize potential property selling hurdles.

Simplify a negotiation with an aggressive homebuyer use the aforementioned tips, and any home seller can seamlessly navigate a negotiation with any buyer, at any time.




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Posted by Jill Finkelstein on 5/12/2019

As a home seller, receiving the first offer on your residence can be an exciting experience. However, the initial offer on your home may prove to be insufficient for a number of reasons, including:

1. The offer fails to meet your expectations.

Ideally, a home seller will allocate the necessary time and resources to fully analyze a house before adding it to the real estate market. This will enable a home seller to establish realistic expectations for his or her house and price it accordingly.

Conducting a home appraisal offers a great starting point for a home seller to determine the true value of a residence. This appraisal ensures a home inspector will examine a residence's interior and exterior. Then, the inspector will provide a report that details a house's strengths and weaknesses.

With a home appraisal report in hand, a home seller should have no trouble establishing a "fair" price for his or her residence. And if an initial offer falls short of this price, a home seller can politely decline the proposal and wait for additional offers.

2. The homebuyer has submitted a "lowball" proposal.

In some instances, a homebuyer may submit a "lowball" offer in the hopes of acquiring a terrific house at a budget-friendly price. If a home seller cannot differentiate between a reasonable offer and a lowball proposal, he or she risks missing out on an opportunity to optimize the value of a residence.

An informed home seller should examine the prices of available houses that are similar to his or her own. By doing so, this property seller can see how his or her residence stacks up against the competition and map out the home selling journey accordingly.

Moreover, an informed home seller will mow the front lawn, trim the hedges and do whatever it takes to enhance a house's curb appeal. This home seller likely understands the importance of making a positive first impression on homebuyers, and as a result, will perform assorted home exterior improvements to help reduce the risk of receiving a lowball initial offer.

3. The offer does not correspond to the current state of the housing market.

For a home seller, it is essential to work with a real estate agent who can provide full details about the current state of the housing market.

A real estate agent can help a home seller differentiate between a buyer's market and a seller's market. Plus, this housing market professional can provide honest, unbiased recommendations about whether a home seller should decline an initial offer on a home.

Many real estate agents are available in cities and towns nationwide, and these housing market experts are happy to help home sellers in any way they can. If you employ a real estate agent before you list your home, you can reap the benefits of unparalleled guidance at each stage of the home selling journey.

There is no reason to settle for a subpar initial offer on your residence. Instead, consider a first offer closely, and you can make an informed decision about whether to decline or accept it.




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Jill Finkelstein