Sunrise Homes & Renovations, Inc.

How Your Home’s “Days on Market” Affects the Buyer’s Opinion

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How Your Home's Whether you’ve done a lot of research on the real estate market or you’ve sold a home before, you may be aware that there can be a lot of trepidation around how long your house remains up for sale. If you’re concerned about your home’s market potential, here’s what you need to know about “Days on Market” and how it can impact your home sale.

“Days on Market” Explained

A fairly no-nonsense phrase, Days on Market (DOM) refers to how long a home has been listed on the real estate market. The DOM stat can be found on many Multiple List Systems (MLS), and this can be seen as a signifier to agents and buyers of a home’s overall popularity. The way days on the market is determined varies from listing to listing, but the common belief is that after a certain period of time, a home’s valuation can be diminished.

What It Means To Potential Homebuyers

When it comes to real estate, the general hope is that a home will sell within the first 60 days of being put up for sale, and this is why the DOM can say a lot to potential buyers about your home’s value. While people may assume that a home that’s been sitting on the market for longer than this timeframe is either overpriced or in poor condition, there are ways the seller can get past this hiccup and still have selling success.

If “Days on Market” Are Adding Up

In the event that the first 30 days are drawing to a close and you haven’t received any offers, you may want to sit down with your real estate agent and decide on a new strategy together. While a home without offers can be a sign that your price is too high, you may also need to switch to an agent that will take a more assertive approach to selling. It can even be a good idea to remove your home from the market so the DOM can go back down to 0 and you can start from scratch.

A DOM in the double digits can often signal to buyers that there are issues with your home or asking price, so it’s important to keep this in mind when your home is on the market. If you have questions, contact your trusted real estate professional for more information.

5 Easy Ways to Brighten up Your Curb Appeal

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5 Easy Ways to Brighten up Your Curb AppealIt can be easy to forget, but the first thing people will see when they come to your home is the outside, so it’s important to have a well-maintained and picturesque property that represents the inside of your home positively. If you’re looking for a few ways to boost your outdoor space, here are a few tips to help with curb appeal.

Plant A Flower Bed

Whether you decide on a tiny plot or a much larger space, a splash of flowers is great for adding a warm, homey atmosphere to your front yard. This can easily be done by going to your local nursery, picking out some easy-to-maintain perennials and watching the blooms begin to appear.

Trim The Hedges

It’s entirely possible that you have a few trees or shrubs in your yard that have gotten a little bit unruly, but a little time with the snippers for some shaping and the look of your yard will be automatically improved! If you have any shrubs or small trees that have seen better days, you may want to remove and replace.

A Fresh Coat Of Paint

It’s quite common to hear how much a layer of paint can improve things but this is especially true when it comes to your front door. While a tired and dull looking door can reflect poorly on the house within, a new coat of paint will add instant shimmer to your exterior.

Keep It Tidy

Whether you have kids who love to play in the yard or you’ve been doing a little lawn maintenance, leaving out toys or shovels and wheelbarrows can really take a lot away from your property’s look. While you may only be planning on keeping these items out for the short term, a quick pick up at the end of each day makes a marked difference.

Make A Stone Pathway

It may not be something you need, but a whimsical walkway with flattened stones can add a nice touch to your property and make it stand out. If you’re feeling ambitious, you may even want to add a bench or a birdbath to make for a unique escape for your family.

There are a lot of simple fixes you can utilize that will instantly boost the look of your home’s exterior. If you’re fixing up the outside of your home in the hopes of putting your property on the market, you may want to contact one of our knowledgeable real estate professionals for more information.

Selling Your Home Soon? 4 Ways to Quickly Boost Your Curb Appeal

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Selling Your Home This Month? 4 Ways to Quickly Boost Your Curb AppealMost people that have embarked on selling their home know a lot about how to showcase the inside of it, but one of the most important parts of showing a home can be forgotten as a result. Since the outside of your home is the first thing a potential homebuyer will see, here are a few simple ways you can quickly boost its appeal.

Re-Consider The Front Door

If your door is both welcoming and majestic, you may be able to skip this step, but if you have chipped paint or disintegrating steps, it’s definitely going to be worth a minor renovation so you can make a positive impression. It’s just a fact that if the front door isn’t up to snuff, any potential homebuyer is going to have a bad feeling about your house right from the start.

Languish Over Your Lawn

The look of your lawn is going to be noticed right away, so make sure that your grass is weed free and well-manicured. If you happen to have flowerbeds, you ‘ll want to make sure that any dead plants are pulled before seeing any potential buyers. In addition, if any pruning needs to be done, it’s a good idea to complete this before anyone arrives on your front stoop.

Perk Up With Paint

Few things will perk up the look of a surface than a primed paint job, so while it can be a large task to complete, you may see the results in the sale price of your home. While you may want to stick with the color you already have, if you do decide to change it up ensure it’s a color that isn’t so bold it will turn off potential homebuyers.

Clear Away Anything Extra

If you’re going to be showing your home, it’s very important that everything unnecessary on the front law, like children’s toys or an empty wheelbarrow, is stored away. A tidy lawn will leave buyers with the instant impression that your home maintenance is as impeccable as that of your front yard.

There are many great tips for showing a home, but it’s also important to consider how your home will look from the street. Since this will be the first things potential buyers view, it will have an impact on their first impression. If you’re selling your home and are interested in what’s on the market, you may want to contact one of our real estate professionals for more information.

Selling Your Half of a Jointly-owned Home? Here’s What You Need to Know

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Selling Your Half of a Jointly-owned Home? Here's What You Need to Know

There are many factors to consider when it comes to selling your home, and if you own your home with someone else the details involved can be even more confusing. If you’re wading into your co-ownership options and are curious about your next steps, here’s a short list of some things to think about.

Buyout: Selling Your Half

If you own your home with a friend, family member or former partner who would like to keep the property, the first thing you’ll want to do is contact an appraiser who will provide you with the market value of your home. Once you know this amount, you can discuss it with your co-owner and decide on the amount they can pay you for a buyout. While some co-owners will decide to get a loan and pay a lump sum, they may also want to schedule monthly payments until the buyout amount is completely paid off.

Partition Sale: Leave It To Legal

In the event that both you and the co-owner of your home would like to get rid of your property without any fuss, you have the option of a partition sale which means that the court will take care of your property sale for you. Once this occurs and any fees are paid, the total purchase price that is made from the home will be divided between the co-owners and the property will no longer be an issue for either party. If one owner has invested more into the home, it’s possible that one party may benefit more than the other.

Voluntary Sale: Coming To An Agreement

There are many situations involving property and personal possessions where the fence cannot be mended, but in the event that you want to sell your portion of a property it is in your best interest to sell together. While a partition sale provides the opportunity to get the property off the co-owner’s hands quickly, there’s a good chance that some of the money earned will be caught up in legal fees. If you’re able to come to an understanding, you may both reap a larger sum.

Whether you’re moving on to the next chapter of your life or experiencing a settlement, there are many available options for selling a home that is co-owned. If you’re considering putting your co-owned home on the market, please contact one of our real estate professionals for more information.

5 Photo Shoot Tips for Amazing Listing Photos

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5 Photo Shoot Tips for Amazing Listing Photos

Pick The Right Light

It won’t even be worth your while to pick up the camera if the lighting is off, so make sure you capture your home in the middle of the day when natural light is at its peak. Instead of morning or night, when spaces can appear dim, turn on the lights during the day, let the sunlight flow in and shoot away!

Keep It Clutter Free

While it’s common sense to clean up your home before committing anything to photography, it’s also important to be aware of any items that may catch the eye of the viewer and deflect interest away from your property. While there may be certain things you’re used to, if they stand out in the picture it might be better to move them outside of the frame.

Don’t Forget The Details

It’s easy to be focused on the exterior and room shots, but a few minor details here and there can give the viewer a better feel for your home, and may enable them to remember it. If you have striking kitchen tiles or a claw foot tub, don’t forget to add up-close images of these to your listing.

Capture The Exterior

The rooms and amenities of your house are definitely going to be what piques the buyer’s interest, but don’t forget about the exterior in all the shuffle. The outside of your home is the first thing that potential buyers will see, so catch it during the last hour of sunlight for maximum effect.

Hire A Professional

It’s entirely possible that you’re so busy looking for homes and getting organized that taking pictures is just another task to add to the list. Instead of taking on the photography yourself, you may want to contact a professional to do it for you who will know all the tricks of the trade.

The best impression your house will make should be in person, but it’s important to have great listing photos so you can draw potential buyers in. If you’re getting ready to put your home on the market, you may want to contact one of our real estate professionals for more information.

3 Psychological Hacks That Will Help You Sell Your Home Faster

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3 Psychological Hacks That Will Help You Sell Your Home FasterFrom real estate agents to home buyers, there are so many tips out there on how to sell your home that it can be overwhelming to determine which tricks will boost your success rate and make the sale. If you’re looking for a few sure-fire hacks for getting your home off the market quickly, the following may do a lot of the hard work for you so that selling won’t remain a worry for long.

Stick To A Neutral Palette

Neutral colors like white and grey may seem like a boring approach to design, but they’re actually a great way to grab a potential buyer’s attention. While an especially bold color like red or dark blue can distract the viewer, neutral tones will not jar the eye and will enable the viewer to see the features that your home truly offers. Instead of a space they can’t see for the color, they’ll be able to pay attention to the details that really matter.

Discard The Oversized Items

Most of us have an old, bulky piece of furniture that we still haven’t bothered to get rid of, but when preparing your home for viewings you may want to finally let go of this ostentatious piece. A bulky furniture item will make an undersized space look even smaller, whereas – in a large, sprawling space – it will swallow the size of the room. Instead of a large-scale item, stick to classy, medium-sized pieces that will effectively complement each other.

Keep Personal Items To A Minimum

It may seem like personalizing your home, from pictures all over the fridge to movie posters, will add to its appeal, but it can actually take away from the impression that potential buyers will get. While a home that has a few personal touches here and there can make it more memorable, too many of these little details may actually make the viewer feel out of place. Since the end goal is an offer on your home, enabling potential buyers to imagine themselves in your space is key.

There are an endless amount of tricks involved in a successful home sale, but there are a few little hacks you can do that may work wonders on the minds of potential buyers. If you’re almost ready to put your home on the market and are considering your options for selling, please feel free to contact us for more information.