Q & A With Chad Hines on Selling Your Home
Colorado’s real estate market continues to be a growing subject of conversation among area residents, rarely providing one true answer or a solution that fits all. Parker Lifestyle sat down with Chad Hines of Your Castle Real Estate to gain some insight as to what sellers should consider when thinking about listing their home.
Is there an ideal time of year to list your home?
A lot of people are making the transition into a new home during the summer months. Not only are people trying to get settled into new schools, but a lot of military re-locations happen around this time. These two factors have a lot to do with the activity we see during the summer months. However, don’t be fooled by the hype; spring time is one of the most under appreciated times that a seller can list their home. During this time, there is still limited inventory from the winter (especially now!), and a well-staged and properly-priced home can draw a lot of interest, often bringing in multiple offers.
What are the most important factors to make your house stand out?
Have your home clean, organized and ready to show. Some of the littlest things can make the biggest difference, such as lighting and organization. Remember what drew you to buy this home in the first place and make that feature stand out!
What are the best improvements to see a return on your investment?
The biggest improvements that people are paying attention to right now are the kitchen, master bathroom, flooring, paint and main mechanical systems, such as the water heater and furnace. You’ll want an accurate Comparative Market Analysis on your home to interpret its value and identify small projects that can increase its marketability.
Should I have an open house?
Open houses can be successful if done properly. In this market, they may not be as effective as other avenues. Knowing when to do an open house and what to expect out this marketing tactic is a great conversation to have with an experienced Realtor®.
How do I find the right real estate agent?
When you are choosing an agent that will fit your needs, it is important to find someone that you can communicate with effectively and easily. Do your research and read any reviews that are available about the person, so you know who you are dealing with. Are they a full-time Realtor®? Do they have any special designations that could make a difference to you (such as specializations in negotiation, a military background, buyer or sellers representative)? What is their track record in relation to list price and sold price? Are they there to help you through the whole process or are they a discount service that sticks a sign in your yard and hopes for the best? Remember not all real estate brokers are Realtors®. The best real estate broker will help you put together a plan to get you where you want to be in the time frame you want to be there.
It is important to remember that listing your home is a process, and the process should include a representative that you trust and have a great rapport with. Communication and expectations should be open as the transition to your next home should also be carefully considered for what is available and where you want to live.
Contact Chad Hines at HinesHomes5280.com for more information.