YOUR DREAM HOME
We can help you find your dream home
Let us know how you identify your dream home. Perhaps you seek a grand waterfront home with guest house and private dock. Maybe you see yourself in a modern condo with a spacious terrace overlooking the Inner Harbor or a 50 acre horse farm in Baltimore County. Share with us all the details and get one step closer. We will contact you the moment a possible fit comes on the market. All you need to do is tell us what you are dreaming about.
Selling a Home in a Buyer’s Market
Although home appreciation has leveled off in some markets, sellers can still get good prices for their homes. The sale may take a bit longer, but a little creativity can help sellers move homes without having to drop the price.
At Kennady Realty we offer the following suggestions for sellers who want to speed the process:
- Price Your Home According to the Current Market. Just because a house comparable to yours sold for a very high price last year does not mean you will be able to realize the same price when selling your home now. Work with us to determine the appropriate, competitive listing price for your home.
- Be Thankful for Appreciation. While price appreciation has slowed in some markets in 2006, it is important to look realistically at the financial gains you have made over the years you have owned your home. According to the National Association of REALTORS®, over the last six years the median sales price of a single-family existing home in the U.S. appreciated 7.6 percent annually.
- Make Your Home More Marketable. When a buyer sees your house for the first time, a critical first impression is made. If applicable, maximize curb appeal by trimming trees and planting flowers. A fresh exterior coat of paint might also prove valuable. Consider neutral colors for interior walls and carpets. Dark colors on walls, along with unnecessary clutter, make rooms look smaller.
- Conduct a Full Home Inspection. If repairs are required, it is a good idea to go ahead and fix the problems. Potential buyers will cast an extremely critical eye over your home and, in a situation when more houses are available on the market, they may take a pass on a home that needs too many repairs. Be sure to have the home inspection report available for prospective buyers itemizing all of the repairs that have been made and the associated cost for each.
- Offer a “Seller’s Contribution.” A seller can sweeten the deal by offering assistance to the buyer in ways that do not require lowering the asking price.
- Don’t Worry. Properly priced homes that stand out from the competition are selling and demand for homes is still at historical highs. Ask us to find out how long an appropriately priced home is expected to remain on the market in your area.