William Manchenton - Coldwell Banker Residential Brokerage



Posted by William Manchenton on 5/19/2020

Let's face it determining how to price a home is rarely simple for a seller. In some instances, your home may be worth less than you originally paid for it.

Ultimately, if you failed to maintain your house over the years, various home problems may crop up when you decide to list your residence. If these issues go unaddressed, it may be tough for you to maximize your house sale earnings.

With the right approach to preparing your house for the real estate market, you could upgrade your residence in no time at all. Now, let's take a look at three tips to help you improve your residence and ensure you can obtain the optimal price for your house.

1. Enhance Your Home's Curb Appeal

How your residence looks in the eyes of potential buyers is key. Because if a buyer falls in love with your house the moment he or she sees it for the first time, you could benefit from a fast, profitable house selling experience.

Improving your home's curb appeal can be quick and simple. For instance, mowing the lawn and trimming the hedges can help you transform an ordinary front lawn into a pristine one. And if you have any damaged or cracked home siding, you should repair it as well.

2. Upgrade Your House's Interior

Ensure your home's heating and cooling system and other internal systems are working properly. If you find there are issues with any of these systems, contact a professional to repair them.

Don't forget to clear clutter from your house, too. If you find your home is filled with assorted knick-knacks and items you no longer need, you can sell these items. Or, you can always donate the items you no longer need to a local charity or give them to family members or friends.

If you maintain a neat, tidy house, buyers are sure to be impressed as soon as they walk through your front door.

3. Conduct a Home Inspection and Appraisal

A home inspection usually is completed before a buyer finalizes their house purchase. Yet a seller who conducts an inspection may identify myriad house problems. They can then take steps to address such issues before listing his or her residence.

Additionally, a home appraisal may be crucial for a seller. During an appraisal, a property expert will examine a home and offer a property valuation. Next, a seller can use this valuation to determine how to price their house.

As you get set to add your home to the real estate market, you also may want to hire a real estate agent. This housing market professional will craft a custom home selling strategy for you. Plus, he or she will do whatever it takes to help you achieve your desired house selling results.

Ready to list your home? Take advantage of these tips, and you may be able to obtain an offer to purchase that matches or exceeds what you originally paid for your house.





Posted by William Manchenton on 4/21/2020

Persistence may prove to be exceedingly important to a home seller. In fact, a persistent home seller may be better equipped than others to reap the benefits of a fast, profitable property selling experience.

Now, let's take a look at three tips to help you become a persistent home seller.

1. Analyze the Real Estate Market

Persistence and confidence often go hand-in-hand. And if a seller allocates time and resources to learn about the housing sector, he or she can build the confidence needed to remain persistent throughout the home selling journey.

Take a look at the prices of available houses in your city or town that are similar to your own residence. By doing so, you can see how your house stacks up against the competition and identify innovative ways to differentiate your residence from the pack.

Furthermore, it may be beneficial to look at the prices of recently sold residences in your area. This housing market data can help you determine whether you're preparing to enter a seller's or buyer's market.

2. Set an Aggressive Initial Home Asking Price

A persistent home seller will take a data-driven approach to establish a competitive initial asking price for his or her residence. That way, this seller can set an aggressive home price that will help his or her residence stir up plenty of interest as soon as it becomes available.

Conducting a home appraisal offers a quick, easy way to receive an expert property valuation. It usually only takes a few days to receive a home appraisal report. Once a seller has this report, he or she can use it to set an aggressive initial home asking price.

3. Hire a Real Estate Agent

Even a persistent home seller realizes that he or she may struggle to navigate the home selling journey alone. Thankfully, if you hire a real estate agent, you can receive comprehensive support at each stage of the home selling cycle.

A real estate agent is committed to helping a home seller enjoy a seamless property selling experience. He or she will work directly with a seller and keep him or her up to date throughout the house selling process. As a result, a home seller and real estate agent together can maximize the value of any house, at any time.

In addition, a real estate agent is resourceful and will do whatever it takes to promote a residence to the right groups of buyers. He or she will host open house events and home showings and provide a property seller with plenty of feedback. Best of all, a real estate agent maintains constant communication with a house seller. And if a seller has questions, a real estate agent is ready to answer these queries.

For home sellers who want to achieve the best-possible results, persistence is paramount. With the aforementioned tips, anyone can become a persistent home seller and boost the likelihood of a successful house selling experience.




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Posted by William Manchenton on 4/7/2020

If you receive an offer to purchase from a property buyer and decide to submit a counter-offer, it is important to err on the side of caution. Because if your counter-proposal fails to meet a buyer's expectations, you risk missing out on the opportunity to sell your house and maximize your home sale earnings.

When it comes to reviewing an offer to purchase and submitting a counter-proposal, it helps to prepare as much as possible. Fortunately, we're here to help you perform a full analysis of a homebuying proposal and ensure that you can submit a counter-offer that matches the expectations of both you and a buyer.

Now, let's take a look at three tips to help you put together a "fair" counter-proposal to a buyer's offer to purchase your home.

1. Use Housing Market Data to Your Advantage

Take a look at local housing market data you'll be glad you did. If you take a data-driven approach to craft a counter-offer, you may be better equipped than ever before to put together a counter-proposal that meets the needs of all parties involved in a property sale.

Analyze the prices of recently sold houses in your city or town that are similar to your own. Furthermore, find out how long these residences were available before they sold. With this housing market data in hand, you should have no trouble crafting a fair counter-proposal.

2. Consider the Buyer's Perspective

As you examine a buyer's initial offer to purchase, think about why this individual chose to submit the proposal. Try not to get emotional if you feel the offer is too low; instead, think about how you can work with a buyer to find common ground.

Oftentimes, it helps to maintain open communication with a buyer. If you put together an counter-proposal that accounts for the buyer's perspective and keep in touch with this individual, you and a buyer may be able to work together to come to a fair agreement.

3. Consult with a Real Estate Agent

If you are unsure about what to propose as part of a counter-offer, there is no need to stress. In fact, if you collaborate with a real estate agent, you can get the assistance you need to craft a counter-proposal that may lead to an instant "Yes" from a buyer.

Usually, a real estate agent will inform you about an offer to purchase your home and provide recommendations and suggestions as you craft a counter-proposal. He or she also will negotiate with a buyer's agent on your behalf. And if you ever have concerns or questions during the property selling journey, a real estate agent is happy to address them.

Allocate time and resources as you craft a counter-offer. If you consider the current state of the real estate market and the buyer's perspective, you could increase your chances of putting together a counter-proposal to close a deal on your home. Perhaps best of all, you can submit a counter-offer that allows both you and a buyer to achieve your respective goals faster than ever before.




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Posted by William Manchenton on 3/3/2020

The decision to sell a home can have long-lasting ramifications. As such, it is important to weigh the pros and cons of listing a house. This will allow you to determine if now is a good time to add your residence to the housing market.

Furthermore, there are many factors to consider as you decide whether to list your residence, and these include:

1. Your Short- and Long-Term Plans

Think about what you hope to accomplish in the immediate future. If you have the flexibility to relocate from one location to another, now may prove to be a good time to list your residence.

Consider your long-term plans, too. If you find that you want to reside elsewhere sooner rather than later, you may want to consider adding your house to the real estate market in the near future.

2. Your Finances

Oftentimes, it helps to examine your current mortgage payments, as well as any other daily and monthly expenses. If you have a budget in place, you can determine if you are in a strong position to sell your home and move.

You also should consider the current state of your home something that can have a major impact on whether you can turn a profit from a house sale. Of course, if you decide you want to list your residence, you can always upgrade your home. And by doing so, you could boost the likelihood of enjoying a profitable home selling experience.

3. Your Family and Friends

If you want to live closer to family and friends who reside many miles away from your current house, you can list your residence and plan to relocate. Then, you can pursue a new residence that provides convenient access to your family and friends.

Embarking on the home selling journey is rarely simple. But if you have a real estate agent at your side, you can receive comprehensive support as you navigate the house selling journey.

A real estate agent is happy to meet with you and learn about your residence. This housing market professional also can provide tips and recommendations so you can upgrade your residence before you list it. Plus, when you are ready to add your home to the local housing market, a real estate agent will promote your residence to potential buyers. And if you receive an offer to purchase your residence, a real estate agent can even help you make an informed decision about whether to accept, reject or counter this proposal.

If you hire a real estate agent, you can receive lots of assistance as you finalize a home sale as well. The final stages of the home selling journey sometimes can be difficult to navigate, but a real estate agent will work with you to ensure you can complete a successful home sale.

For those who are uncertain about whether to add a home to the real estate market, it generally helps to consider the aforementioned factors. If you examine these factors closely, you may be better equipped than ever before to decide whether to list your house.




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Posted by William Manchenton on 1/14/2020

For home sellers who want to accomplish the optimal results, it is important to remain open to negotiations with buyers. There are many reasons why home sellers should negotiate with buyers, and these include:

1. You can accelerate the house selling journey.

If your mission is to sell your house as quickly as possible, you should be open to negotiating with a buyer. Because if you can negotiate a home purchase agreement, you can move one step closer to concluding the house selling journey.

As you enter a negotiation with a homebuyer, it is important to keep your house selling goals in mind. At the same time, you should be willing to adjust your goals as needed. If you maintain flexibility throughout a negotiation with a homebuyer, you may be better equipped than ever before to enjoy a fast, profitable house selling experience.

2. You can reach an agreement that works well for both a seller and buyer.

If you find a buyer's initial offer to purchase your house falls short of your expectations, you can open up negotiations with this individual. Then, you and a buyer can work together to come to terms on a home sale agreement that suits both parties.

Of course, a negotiation with a buyer does not guarantee instant success. If you and a buyer cannot reach a home sale agreement, there is no need to worry. Even if negotiations with a buyer fail, you can wait for another offer to purchase your home that falls in line with your expectations.

3. You can get the best price for your house.

As a home seller, it is important to do everything you can to optimize your house sale earnings. If you negotiate with a buyer, you can increase the likelihood of getting the best price for your house.

Furthermore, home sellers should keep in mind that they have options during a negotiation with a buyer. If you are not satisfied with the progress of a negotiation, you can walk away from the negotiating table.

When it comes to negotiating a home sale, you may want to hire a real estate agent, too. A real estate agent understands the ins and outs of home sale negotiations and will do whatever it takes to help you achieve the best-possible results.

Typically, a real estate agent can handle a negotiation with a buyer on your behalf. This housing market professional will continue to provide status updates throughout a negotiation and do what it takes to streamline the house selling cycle. Plus, if you ever have concerns or questions during a home sale negotiation, a real estate agent can instantly respond to them.

Don't stress about negotiating the sale price of your home. If you are open to negotiating your house's sale price with a buyer, you may be able to speed up the home selling journey. Best of all, you could maximize the profit from your home sale.




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