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Tips for Preparing Your House For Sale

by Fontaine Family

Tips for Preparing Your House For Sale

When you are selling your house, you want to be the most attractive house in your price range. 
You want buyers to be afraid that someone else is going to buy your house before they do. 
Try out these tips to get your home ready to sell for top dollar & fas
ter

 

Improve Your Home's Value This Spring

by Fontaine Family

Are you considering selling and want to get the most out of your home? 

Your home's value depends on many factors, including location, age, size, and condition.  While you may not be able to do anything about your home's location or age, you can do things to improve the condition and sometimes the size to add value to your home! 


Boost Curb Appeal
Curb appeal isn't just the concern of the home sellers.  Even homeowners who are staying put are investing time and effort into maintaining the curb appeal of their homes.  Since anyone driving by will only see your home from the street, how well your property is kept from the outside provides a glimpse into how well it is maintained on the inside.

5 Easy Ways to Boost Your Home's Curb Appeal

  1. Maintain Your Lawn
    Mow, pull weeks, and make sure your walkways and driveway are free of debris.
  2. Keep Your Landscaping in Check
    Well-maintained shrubs and landscaping improve the look of your property.
  3. Clean Your Windows and Gutters
    Not only will this improve the look of your home, it is good home maintenance.
  4. Maintain Your Home's Exterior
    Keep your home looking like new by washing your siding or applying a new coat of paint every few years.  Touching up the stain on decks and the paint on trim and handrails can do wonders.
  5. Spring for New Home Accents
    Spruce things up with new accessories like new house numbers, fresh paint on the shutters, or colorful plant and flowers in the window boxes and garden beds.

Renovations That Pay Off
Remodeling is a great way to bring your home up to date, adapt to changing needs, and improve its value.  If you are planning on selling, making a few home improvements may make your home more attractive to potential buyers.

5 Renovations that Offer the Biggest Returns

  1. New Front Door
    Refresh your entryway and impress potential buyers with a new front door.  If your current front door is in good condition, a coat of paint or stain can make it look as good as new.
  2. Deck Addition
    Improve the indoor/outdoor versatility of your home by adding a wooden deck.
  3. Attic Bedroom
    An extra room that can serve as a bedroom, guest room, or home office can add value and make the home more attractive.  If you have attic space that is unused, this could be a great option.
  4. New Garage Door
    If your garage doors are old or dated, replacing them will add value to your home.  If they are still in good shape, consider painting them to freshen up the look of your home.
  5. Minor Kitchen Remodel
    The kitchen is one of the most popular renovations that homeowners tackle.  A minor remodel can update the space and entice potential buyer. 

Are you interested in knowing the value of your home in today's real estate market? 
We can help! 
Call today for a FREE opinion of value and talk with one of our talented agents
about what you can do to sell your home for top dollar faster!

Call our Auburn office at (207)784-3800
Call our Scarborough office at (207)289-3830

3 Charts That Shout, ‘List Your Home Today!’

by Fontaine Family

Why Should You List Your Home TODAY?


In school, we all learned the theory of supply and demand. When the demand for an item is greater than the supply of that item, the price will surely rise.

SUPPLY

The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 3.8-month supply. This is considerably lower than the 6-month supply necessary for a normal market.

DEMAND

Every month NAR reports on the number of buyers out in the market looking for homes, which is also known as buyer traffic. As seen on the map below, buyer demand in March was strong or very strong in 45 out of 50 states nationwide, and Washington, DC.

Many buyers are being confronted with a very competitive market in which they must compete with other buyers for their dream homes (if they are even able to find a home they wish to purchase).

Listing your house for sale now will allow you to capitalize on the shortage of homes for sale in the market, which will translate into a better pricing situation.

HOME EQUITY

Many homeowners underestimate the amount of equity they currently have in their homes. According to a recent Fannie Mae study, 37% of homeowners believe that they have more than 20% equity in their homes. In reality, CoreLogic’s latest Equity Report tells us that 78.9% actually do!

3 Charts That Shout, ‘List Your Home Today!’ | Simplifying The Market

Many homeowners who are undervaluing the equity they have in their homes may feel trapped, which may be contributing to the lack of inventory in the market.

Bottom Line

If you are debating selling your home this year, let's meet up to evaluate the equity you have in your home, as well as the opportunities available in your market.

Spring Market is Here!

by Fontaine Family

Spring Market is Early This Year
with the mild temperatures and lack of Snow in Maine...
homebuyers are already out shopping!


The Fontaine Agents have been busy with buyers ready to buy already this year!

63 Homes Under Contract
Fontaine Team agents put 63 properties under contract during the month of February!

36 Homes Sold
Fontaine Team agents sold 36 properties during the month of February!

That is a lot of buyer looking
and a lot of houses selling! 

If you are considering selling this spring,
why wait until you have more competition? 
We have buyers looking NOW! 

Give us a call at (207)784-3800 or (207)289-3830
to get your home on the market right away. 
Homebuyers are waiting!

Why You Should List During The Holidays

by Fontaine Family

10 Reasons to List Your Home During the Holidays

1.  People who look for a home during the holidays are more serious buyers.

2.  Serious buyers have fewer houses to choose from during the holidays so you have less competition.

3.  Houses show better when decorated for the holidays.

4.  Buyers are more emotional during the holidays.

5.  Buyers have more time to look for a home during the holidays.

6.  Many people want to buy before the end of the year for tax reasons.

7.  January is traditionally the month for transfers.  Transferees can't wait until spring to buy.  You must be on the market to capture the market.

8.  You may still restrict showings during your personal family events.

9.  You can sell now, but specify a delayed closing or extended occupancy until early next year if you so desire.

10.  By selling now, you have an opportunity to buy during the spring, when many houses are on the market.

Bottom Line 
By listing now, you may have fewer actual showings, but more qualified and motivated buyers.

The Reason 
You have less competition, resulting in a quicker sale and better price for you.

Are you ready to get started today?  Call us at (207)784-3800!

Should I Sell This Winter?

by Fontaine Family

Should I Sell my Home this Winter...
or should I wait until spring? 

This might be the most common question we hear this time of year.  Winter may not be the most convenient time to move, but there are advantages to selling in the winter.


1.  Less Competition 
In the spring, For Sale signs pop up like daffodils!  In the winter, there are less homes for sale, so there is less competition on the market increasing the chances that buyers will look at your home. If there are less homes for a potential buyer to choose from, the probability that your home will have showings...and offers...increases! 

2.  Serious Buyers Are Shopping 
Many sellers believe that there are not buyers looking in the winter.  The truth is, there are always buyers looking to buy.  Serious buyers usually don't stop their home search just because winter rolls around.  Serious buyers want to buy no matter what time of year it is! 

3.  Quicker Timeframes 
In the winter months, professionals typically involved in a real estate transaction such as appraisers, lenders, and inspectors, are often more available so your transaction may be able to happen more quickly. 

4.  Seasonal Staging 
Maine can be absolutely beautiful in the wintertime and decorating for the holidays can be easily turned into seasonal staging.  That festive, homey touch may be exactly what a buyer needs to see themselves living in your home...and that leads to offers! 

If you would like to discuss whether selling your home this winter is right for you...just fill out the form below, and one of our talented agents will contact you shortly!

Who Decides The Listing Price?

by Fontaine Family
When you are ready to sell...who decides the listing price? 

So how do you decide the right price to get your property sold
for top dollar and in a timely manner in today's market?
This is where a skilled, experienced real estate agent is a must...
an expert real estate agent will help you gather the information you need
to make an informed decision about how to price your property. 

Are you in a hurry to sell or do you have a year to move?
Are you behind on your mortgage payments?
Is your mortgage paid off?
Do you need to find another home to purchase?


Each situation is unique and so pricing your property
 is a personal decision that is specific to your situation. 
Before you price your home, there are a few things you must do...

1.  Know your options  - in today's market you may think selling is not an option because of the amout you owe.  Are you a candidate for a short-sale?  Do you even know what your home is worth?  You may be in better shape than you expected.

2.  Know how to prepare your home for showings.  Believe it or not, the way your home shows makes a difference in the price buyers are willing to pay.

3.  Know how to beat out your competition.  In order to beat the competition, you have to know who you are competing against, what is the condition of their property, what is their price, how long have they been on the market...

4.  Discover market trends.  The real estate market is different from area to area.  What is happening in Lewiston/Auburn is different from what is happening in Portland or in Scarborough.  

5.  Know what an absorbtion rate is and why it is important to you.  An absorbtion rate will tell you how saturated the market is in your area at the current time.  If the market is more saturated, you have more competition.

6.  Know how many properties in your area that are similar to yours have sold recently.   What price did they sell for?  How long were they on the market? 

Once you and your chosen real estate agent
have explored all these areas,
you are ready to make an informed decision
about what is the best price for your property
to sell it for top dollar
in the timeframe that is right for you.

Displaying blog entries 1-7 of 7

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Fontaine Family - The Real Estate Leader
336 Center St. Auburn, ME 04210
432 US Route 1 Scarborough ME 04074
(207)784-3800 Auburn
(207)289-3830 Scarborough
Fax: (207)786-2957

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