Bo Lee - CENTURY 21 Commonwealth



Posted by Bo Lee on 4/29/2018

Want to list your house? Ultimately, you'll want to work with an expert listing agent, i.e. a housing market professional who knows what it takes to get the best price for a residence.

Let's face it Ė hiring a listing agent can be tough, particularly for a first-time home seller. Lucky for you, we're here to help you streamline your search for the perfect listing agent.

Now, let's take a look at three tips that you can use to find the right listing agent for your house.

1. Learn About a Listing Agent's Background

Evaluating a listing agent's background often serves as a great first step in the home selling process. It allows you to better understand how long a listing agent has worked in the real estate sector and learn about his or her industry expertise.

In most cases, you should have no trouble finding information about a listing agent online. Or, you can always call a listing agent's office for more information.

Allocate the necessary time and resources to learn about listing agent's background. That way, you can understand this housing market professional's experience, education, networking skills and much more and plan accordingly.

2. Conduct a Face-to-Face Meeting with a Listing Agent

If a listing agent looks good on paper, invite him or her to meet with you. By doing so, you can gain first-hand insights from this housing market professional and find out what separates him or her from other listing agents.

Prepare a list of interview questions before a face-to-face meeting with a listing agent. This will enable you to get the insights you need to make an informed decision.

Also, evaluate a listing agent's communication skills and personality. If you feel comfortable with a listing agent after a face-to-face meeting, don't hesitate to hire this individual to help you sell your residence.

3. Get Client Referrals

How has a listing agent helped past home sellers optimize the value of their properties? Request client referrals from a listing agent, and you can receive additional insights into how this real estate professional has supported home sellers over the years.

A top-notch listing agent should be able to provide you with multiple client referrals. Meanwhile, it only takes a few minutes to reach out to a listing agent's past clients and learn about their home selling experiences.

Client referrals can help you accelerate the process of finding the right listing agent. Moreover, they can provide insights into what it is like to work with a listing agent throughout the home selling cycle.

Lastly, be sure to ask past clients how a listing agent approached challenges throughout the home selling process. If a listing agent went above and beyond the call of duty to help past clients overcome myriad home selling challenges, he or she probably will be able to help you do the same.

Selecting the right listing agent may seem impossible at first. But with the aforementioned tips, you can choose a listing agent that will promote your residence to the right groups of homebuyers consistently.





Posted by Bo Lee on 2/25/2018

If youíre trying to sell your home, there are many things you need to think about. One of the reasons that itís wise to hire a realtor is that they can handle a lot of the difficult stuff for you. From home showings to phone calls to sealing the deal, your realtor will be with you every step of the way. 


One thing that you can do to help your realtor out is trying to avoid things that will scare off buyers in your home. While some things are out of your control (weíre looking at you radon), you can check and remedy a lot of problems before a buyer even sets foot in your home.


Leaky, Aging Roof


Roofs last around 20-25 years. If itís been forever since you have paid attention to your roof, youíll need to take a second look before selling. Your buyer is going to either ask for some kind of rebate or go for a home with a newer roof. Roofs are one of the things that home inspectors often see the most problems with.  



Outdated Gutters


If your gutters are in disrepair, you might want to have them cleaned or replace them altogether. Faulty gutters are often what causes problems with the roof. If rain water or snow melt canít properly drain from the gutters, more leaks may be found in the home.  


Old Appliances


If your appliances are outdated, consider replacing them. Buyers donít want to move into a new home only to need to head out to buy a new refrigerator, range, or dryer. Buyers like things to be ready for them, and theyíre willing to pay for it. Youíll definitely get a return on your investment when you buy new appliances.    


Outdated Or Neglected HVAC System


Itís important to keep up with regular maintenance when it comes to your heating and cooling system. Keep it clean and keep regular maintenance appointments. These systems are costly to repair and buyers do not want to deal with these issues immediately (or ever if they could avoid them!) Get the HVAC system serviced before you put a for sale sign out front to keep your buyers happy throughout the inspection and sale process.   


High Price


Your realtor will be a big help in assisting you to price your home right. They will perform a CMA (comparative market analysis) in order to help you find the sweet spot for pricing your home. An overpriced listing will make buyers wonder. A property must be priced right in order to get buyers through the door to even look at the home.





Posted by Bo Lee on 2/18/2018

When it comes to selling a house, it helps to plan ahead. By doing so, a home seller can identify and resolve potential home selling hurdles right away.

With the right approach to selling a house, any seller can minimize problems along the way. In fact, the right approach may increase the likelihood that a seller can enjoy a speedy home selling experience.

Now, let's take a look at three tips to help sellers streamline the home selling journey.

1. Price Your House Competitively

What is your house really worth? This question is difficult to answer for a home seller, as many factors impact the value of a home.

A home's age and condition likely will play important roles in your residence's value. Furthermore, external factors like the crime rates in the city or town where your home is located or your house's proximity to parks and schools may affect your residence's value.

To establish a competitive price for your house, you'll want to study the local housing market. Look at the prices of available houses that are similar to your own; this data can help you define a competitive initial asking price for your residence.

In addition, it frequently helps to perform a home appraisal. During a home appraisal, a property expert will assess your house and provide a property valuation. Then, you can use this valuation to determine the ideal asking price for your house.

2. Conduct a Home Inspection

Although a home inspection generally is completed after a seller accepts a buyer's offer on a house, there is no need to wait. Instead, a home seller can conduct an inspection prior to listing a residence to learn about a house's strengths and weaknesses.

Review the results of a home inspection closely Ė you'll be glad you did. After a home inspection, you can identify any underlying problems with your house and take the necessary steps to resolve these issues. That way, you can prevent such problems from cropping up after a buyer submits an offer on your house.

3. Hire a Real Estate Agent

If you are unsure about how to price your house or complete other home selling tasks, there is no need to worry. Remember, you can always hire a real estate agent who can provide plenty of support throughout the home selling journey.

A real estate agent understands the ins and outs of selling a house. As such, this housing market expert can teach you about the real estate sector and ensure you can achieve the best possible home selling results.

Typically, a real estate agent will set up home showings and open house events, negotiate with a buyer's agent on your behalf and simplify the home selling cycle. With a real estate agent at your side, you should have no trouble receiving expert responses to your home selling questions too.

Ready to add your house to the real estate market? Use the aforementioned tips, and you can reap the benefits of a speedy home selling experience.





Posted by Bo Lee on 2/4/2018

Selling a home may seem simple at first, but negotiating with a homebuyer sometimes can be problematic. Fortunately, home sellers who understand the art of negotiation may be better equipped than others to accelerate the home selling process and optimize the value of their residences.

What does it take to become an expert home selling negotiator? Here are three negotiation tips for home sellers:

1. Stay Patient

It is easy to become emotionally attached to your residence, especially if you have lived in a home for many years. However, a home seller will need to do everything possible to keep his or her emotions in check during negotiations with a homebuyer.

In some instances, emotions can get the best of a home seller. And if this happens, a potential deal with a homebuyer may collapse.

For home sellers, the goal of a home selling negotiation is to maximize the value of a residence. Keep this goal in mind as you navigate negotiations with a homebuyer. By doing so, you may be able to maintain a calm, patient approach as you work toward selling your house.

2. Evaluate the Real Estate Market

Although you've allocated substantial time and resources to enhance your home over the years, the value of your residence may fluctuate based on the current real estate market's conditions. But if you conduct plenty of housing market research before you enter negotiations with a homebuyer, you can understand exactly what your home is worth today.

Conducting a home appraisal usually is a good idea. This appraisal will enable you to learn about your home's pros and cons and identify potential issues that may prevent you from maximizing the value of your property.

Furthermore, study the prices of comparable homes in your area. With this housing market insights at your disposal, you can enter a home selling negotiation with the information that you need to make data-based decisions.

3. Hire an Experienced Real Estate Agent

Home selling negotiations can be tricky, and for home sellers who want extra help, hiring an experienced real estate agent is essential.

An experienced real estate agent understands the ins and outs of home selling negotiations. As such, he or she will share expert negotiation insights with you to ensure that you can get the optimal price for your residence.

Your real estate agent will provide recommendations and suggestions throughout the home selling process and may even help you avoid negotiations altogether. Plus, this real estate professional is happy to negotiate on your behalf. That way, you can avoid the stress and anxiety commonly associated with negotiating directly with a homebuyer.

With an experienced real estate agent at your disposal, you may be able to accelerate your journey through the home selling process. Your real estate agent will keep you up to date about offers on your home and ensure you can get the best results possible.

Employ an experienced real estate agent, and ultimately, you can boost your chances of stress-free home selling negotiations.





Posted by Bo Lee on 1/21/2018

Selling a home may seem impossible at times, especially if you enter a negotiation with a homebuyer. And if you're not careful, you might even lose your cool during a negotiation Ė something that could put a potential deal with a homebuyer in jeopardy.

Don't let stress get the best of you during a home selling negotiation. Instead, use the following tips to avoid stress as you start negotiations with a homebuyer:

1. Understand the Housing Market

Your home has its pros and cons, and understanding what sets your house apart from others ensures that you can generate plenty of interest in your property when it reaches the real estate market. Meanwhile, assessing the housing market may help you determine whether to accept, decline or counter a homebuyer's offer on your residence as well.

Evaluate the real estate market closely. Take a look at the prices of comparable houses in your area to better understand how your home stacks up against similar properties.

Housing market data can help you make an informed decision about a homebuyer's offer. For example, if a homebuyer submits a competitive offer that meets or exceeds your expectations based on real estate market data, you can accept the proposal and avoid stressful negotiations. Or, if a homebuyer submits a proposal that falls below your expectations based on housing market data, you can politely decline the offer.

2. Maintain a Positive Outlook

There is no need to feel frustrated or mad if a homebuyer submits a "lowball" proposal on your house. Conversely, try to maintain a positive outlook throughout home selling negotiations, and you can avoid the risk of letting stress get the best of you.

Remember, stress can make a difficult negotiation even more challenging. But those who understand how to handle stress can boost their chances of maintaining a positive outlook and getting the best results possible from a home selling negotiation.

If you feel anxious at any point in a negotiation, feel free to take a break. Even spending a few minutes performing deep breathing exercises can help you feel calm, cool and collected. Plus, after you complete a stress-relieving activity, you may be better equipped to maintain a positive outlook throughout the remainder of a home selling negotiation.

3. Collaborate with a Real Estate Agent

Real estate agents are available nationwide and understand how to handle tough home selling negotiations. Therefore, employing an experienced real estate agent may make it easy for you to avoid stress throughout the entire home selling journey.

Your real estate agent will negotiate on your behalf and work directly with a homebuyer. This real estate professional also will keep you informed about home selling negotiations and offer tips and suggestions to ensure you can get the best price for your house.

Ultimately, hiring a real estate agent is a must for home sellers who want to avoid stressful negotiations. With a real estate agent at your side, you should have no trouble accelerating negotiations with a homebuyer and optimizing the value of your residence.







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