Maintenance Issues That Can Inhibit the Sale of a Home

Photo by Quang Nguyen Vinh from Pexels

As a responsible homeowner, home maintenance should be at the top of your list of important things to do. However, with a busy life and a lot to manage, certain home-maintenance tasks can be easily disregarded. While there are some things you may be able to get away with for a while, there are certain neglectful actions that can really hurt when you decide to sell your home.

Neglecting HVAC System Tune-Ups & Upkeep 

There’s a massive difference between what maintenance costs for an HVAC system and the cost of replacement. Since the HVAC system is one of the main operating units in the home, it is often one of the first things a buyer will want to know about. General maintenance checks by a professional technician will only cost you between $80 and $150; full-on replacement can be as much as $5,900 or more depending on the model. Buyers tend to shy away from homes that need major investments right after purchase, so do your part to properly maintain the unit.  

Neglecting Adequate Window Maintenance 

The windows bear a lot of responsibility in a home. They are openings for natural light, they (should) keep the cold and heat out and give dwellers a good view of the outside world. Windows should open and close freely, be efficient and be an attractive part of the house. Even something as simple as dirty windows can cause problems when a prospect visits the home for the first time. If the house gets inspected professionally by a prospect, they will check for: 

  • Signs of rot or deterioration
  • Missing or broken seals 
  • Glass pane soundness 
  • Proper insulation around the windows 
  • Proper drip cap installation
  • If you’ve neglected your windows for a while, it is best to pick a day and whip them into shape—right down to cleaning the glass until its crystal clear. 

    Neglecting Small Gutter Issues 

    The gutters of a home are such a small, easy-to-neglect thing, but their purpose is oh-so-important. If one of your gutters is not draining, for example, it can allow water to slip down into the spaces between the exterior cladding and the interior walls. Issues with rot are common due to this simple act of neglect, and it is definitely an issue a home inspector will notice. 

    Work with a Real Estate Agent to Prepare Your Home for Sale 

    The more well-prepared your home is for the market, and the better it is maintained, the higher your asking price can be and look logical to prospects. Working with an experienced real estate agent right from the beginning will help you get your home prepared properly. Reach out to an agent to get industry insight into what helps and hurts a home for sale. 

    Signs You Are Unlikely to Receive an Offer to Purchase Soon

    If you recently listed your home, you may expect many offers to purchase to come your way in the near future. However, the house selling journey can be difficult to navigate, and there are many signs that indicate offers to purchase your home may be unlikely to arrive any time soon. These signs include:

    1. Homebuyers are not scheduling showings.

    Homebuyers often set up showings to view residences. And if buyers like what they see during a showing, these individuals may request a second showing or submit an offer to purchase a house.

    Comparatively, a seller who receives no home showing requests for many days, weeks or months after listing a residence may be in trouble. This seller may need to perform home upgrades to help his or her residence stand out from the competition. Or, the seller may need to lower his or her house’s initial asking price.

    2. Homebuyers are not attending open houses.

    An open house event is designed to provide buyers with an enjoyable experience. The event allows buyers to walk through a residence at their own pace. And if a buyer likes a house, he or she may request a one-on-one showing or submit an offer to purchase.

    On the other hand, if no buyers attend an open house, a seller may need to modify his or her property selling strategy. This individual should consider the buyer’s perspective closely and think about why buyers may choose to avoid his or her residence. Then, the seller can tweak his or her house selling strategy accordingly.

    3. Comparable houses in your area continue to sell.

    If a seller finds his or her residence lingers on the real estate market while similar houses sell quickly, there may be one or many problems with this individual’s house. Although a seller may wonder why his or her house fails to stir up interest from buyers, a real estate agent can offer expert support. In fact, a seller can work with a real estate agent to determine the best course of action to promote his or her house to the right buyers.

    Typically, a real estate agent meets with a house seller and helps this individual craft a property selling strategy. A real estate agent and home seller work hand-in-hand to figure out how to list a house, showcase it to buyers and maximize the residence’s value. And when a real estate agent and home seller put a home selling plan into action, the results can be significant.

    Let’s not forget about the support that a real estate agent provides once a seller receives an offer to purchase, either. At this point, a home seller may be uncertain about what to do. But a real estate agent will help a home seller review all possible options and make an informed decision.

    Simplify the house selling cycle – hire a real estate agent, and you can get the help you need to generate interest in your home as soon as it becomes available.

    Kick Off a Successful Home Selling Journey

    Let’s face it – the thought of entering the home selling market can be stressful, even if you don’t plan to put your house on the market for several weeks or months. However, there are many simple ways to ensure you can enjoy a fun, exciting and successful home selling journey.

    Now, let’s take a look at three tips that you can use to kick off an unforgettable home selling journey.

    1. Examine Your Home’s Interior and Exterior

    How will a potential homebuyer view your residence when he or she sees it for the first time? This is a question that you’ll want to consider closely, as a homebuyer’s first impression of your residence may dictate whether he or she moves forward with an offer.

    Take a close look at your house’s interior and exterior from a homebuyer’s perspective. If home improvements are necessary, now may be the ideal time to complete these tasks. That way, you can enhance your house’s interior and exterior before you add your residence to the real estate market.

    Also, a home appraisal may help you identify problem areas with your residence. This appraisal enables a property inspector to examine your residence from top to bottom and can help you better understand your house’s strengths and weaknesses.

    2. Declutter Your Residence

    Unfortunately, clutter can accumulate in a home over an extended period of time. But if you start decluttering your home today, you may be able to avoid the stress of cleaning out your residence as you get closer to adding your home to the housing market.

    To declutter effectively, consider items that you need to keep and store them safely. Then, take the items that you no longer require and consider all of your options to get rid of them quickly and safely.

    In many instances, you can sell excess items or donate them to charity. Or, you can always offer these items to family members and friends as well.

    3. Meet with a Real Estate Agent

    What does it take to get your house ready for the real estate market? Meet with a real estate agent, and you can learn everything you’ll need to know about selling a house.

    A real estate agent understands the ins and outs of the real estate market. As such, he or she can answer any questions that you may have about the home selling journey and help you plan accordingly.

    In addition, after you list your residence, your real estate agent will streamline the home selling cycle. This housing market professional will set up home showings and open houses, promote your residence to large groups of potential buyers and much more. By doing so, your real estate agent will do everything possible to help you maximize the value of your residence.

    When it comes to getting ready to sell your home, there is no need to worry. Instead, use the aforementioned tips, and you’ll be able to enjoy a memorable home selling journey.

    3 Reasons to Accept an Offer to Purchase

    If you receive an offer to purchase your house, determining how to proceed with this proposal sometimes can be difficult. Ultimately, a home seller needs to weigh the pros and cons of accepting an offer to purchase. And if the pros outweigh the cons, it probably is a good idea to accept the homebuying proposal.

    When it comes to reviewing an offer to purchase, there are many reasons why a seller should accept this proposal, and these include:

    1. An offer to purchase matches or exceeds a home seller’s expectations.

    If a home seller receives an offer to purchase at or above the initial asking price for his or her house, accepting the proposal likely is a no-brainer. In fact, a seller may want to provide an instant “Yes” to this offer so he or she can quickly move on to the next step of the property selling journey.

    Of course, it helps to establish realistic home selling expectations before listing a residence. If a seller sets a competitive initial asking price that corresponds to his or her home selling expectations, then this individual may be better equipped than others to enjoy a seamless property selling experience.

    2. An offer to purchase falls in line with the current housing market’s conditions.

    If you’re selling a home in a buyer’s market, you may pounce at the opportunity to accept any offer to purchase that comes your way. Comparatively, if you list your house in a seller’s market, you may need to consider all of your options closely before you accept an offer to purchase.

    As a home seller, you should evaluate the current state of the real estate market. If you allocate time and resources to learn about the housing market, you can gain real estate market insights to help you determine whether to accept an offer to purchase.

    3. An offer to purchase enables a home seller to speed up the property selling process.

    If you’re operating on a tight home selling timeline, you may be more inclined than ever before to accept an offer to purchase, even if it falls below your initial expectations. Conversely, if you plan ahead for the home selling journey, you may reduce the risk of facing a time crunch to sell your house.

    For home sellers, hiring a real estate agent is key. This housing market professional can help a seller prepare for the real estate market and ensure that a seller sets a competitive price for his or her house. Plus, a real estate agent will set up home showings and open house events to showcase a residence to prospective buyers. And if a seller receives an offer to purchase, a real estate agent can provide a recommendation about the best way to respond to this homebuying proposal.

    Ready to add your house to the real estate market? Collaborate with a real estate agent, and you can boost the likelihood of getting an offer to purchase your home that allows you to maximize the value of your property.