RE/MAX Town & Country

Posted by Debra & John Blanchet on 3/14/2018

Want to sell your residence? As a home seller, you'll want to take a cautious approach to the real estate market. That way, you can improve your chances of getting the best price for your residence, regardless of the current housing market's conditions.

Ultimately, there are many reasons why home sellers should err on the side of caution as they prepare to add their houses to the real estate market, including:

1. The housing market constantly fluctuates.

For home sellers, it is important to differentiate between a seller's market and a buyer's market. By doing so, a home seller can assess the current housing market and proceed accordingly.

In a seller's market, there is usually a shortage of high-end houses and an abundance of interested homebuyers. This means home sellers who operate in a seller's market may be more likely to stir up plenty of interest in their houses as soon as these properties become available.

Conversely, a buyer's market typically favors homebuyers, as it features a limited number of homebuyers and a wide range of home sellers. If you're selling your home in a seller's market, you'll likely need to price it competitively to help your residence stand out from the competition.

Allocating the necessary time and resources to analyze the housing market is key. With housing market data in hand, a home seller can determine whether he or she is getting ready to list a house in a buyer's or seller's market.

2. What your home was worth yesterday is unlikely to match what it is worth today.

The price that a home seller initially paid for a residence is unlikely to match what the house is worth today. Thus, a home seller should perform a home appraisal to learn about the present value of his or her residence.

During a home appraisal, a property inspector will assess a house both inside and out. Then, the property inspector will identify any problem areas with a house that could negatively affect the residence's value.

A home appraisal is exceedingly valuable to home sellers. It enables them to understand a house's strengths and weaknesses as well as uncover ways to transform a home's weaknesses into strengths. As a result, a home seller can use a home appraisal as a learning opportunity and find innovative ways to enhance a residence before adding it to the real estate market.

3. Homebuyers are always on the lookout for bargains.

Although a home seller will do everything possible to learn about the housing market, there is always the danger that a homebuyer will submit a "lowball" offer on a house. Conversely, a home seller who errs on the side of caution will be able to differentiate between a legitimate offer and a lowball one time and time again.

Lastly, if you need extra help as you get ready to sell your house, don't hesitate to work with a local real estate agent.

Real estate agents are available in cities and towns nationwide. They can help you get your house ready for the real estate market and ensure you can reap the benefits of a quick, seamless home selling experience.

Become a cautious home seller, and you can move one step closer to maximizing the value of your house.

Posted by Debra & John Blanchet on 3/7/2018

Before you list your house, you'll need to establish a competitive price for it. That way, you can increase the likelihood of stirring up plenty of interest in your house as soon as it becomes available.

Now, let's take a look at three best practices for pricing your home.

1. Evaluate the Real Estate Market

The current real estate market's conditions can impact your ability to sell your residence. However, if you study the real estate market closely, you can differentiate between a buyer's and seller's market and plan accordingly.

In a buyer's market, the number of home sellers exceeds the number of homebuyers. As such, you likely will need to establish an aggressive price right away to separate your house from the competition.

On the other hand, a seller's market favors home sellers over homebuyers. If you're operating in a seller's market, you may be better equipped than ever before to earn a significant profit.

To differentiate between a buyer's and seller's market, examine the prices of recently sold homes and available homes in your area. This housing market data can provide deep insights into the current state of the housing market. Plus, this data can help you understand how your residence stacks up against the competition.

2. Conduct a Home Appraisal

Ultimately, a home appraisal can make a world of difference for any home seller, at any time.

During a home appraisal, a professional appraiser will examine your house both inside and out. Then, this appraiser will offer a valuation of your property based on his or her findings.

A home appraisal involves an evaluation of the current condition of your home, your house's age and your neighborhood. Therefore, if you complete a home appraisal, you should have no trouble using the appraisal results to help establish a fair price for your residence.

3. Collaborate with a Real Estate Agent

When it comes to selling a house, there is no need to work alone. Fortunately, if you collaborate with a real estate agent, you can receive expert insights into all aspects of the home selling cycle.

A real estate agent is happy to meet with you and learn about your home selling goals. Next, this housing market professional will offer home pricing recommendations, ensuring you can make an informed decision about how to price your house.

In addition, a real estate agent will go above and beyond the call of duty to ensure you can enjoy a seamless home selling experience. This housing market professional will promote your residence to large groups of homebuyers, set up home showings and open houses and put together an engaging and informative home listing. Also, a real estate agent will always keep you up to date about any offers on your home.

Looking to list your home in the near future? Use the aforementioned best practices, and you can establish a competitive price for your residence and boost your chances of a fast, profitable home sale.

Posted by Debra & John Blanchet on 3/5/2018

This Single-Family in Cumberland, RI recently sold for $420,000. This Colonial style home was sold by Debra & John Blanchet - RE/MAX Town & Country.

0 ABBOTT RUN VALLEY RD , Cumberland RI, 02864


Sale Price

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NEW CONSTRUCTION. Photo of similar home to be built. Home to be set back off Road. 4 Bed Colonial, Hardwoods, Granite Counters, and much more. Town Water and Sewer. Ready for your choices of finishes

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Categories: Sold Homes  

Posted by Debra & John Blanchet on 3/4/2018

271 Ward ST, Woonsocket RI, 02895



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Wonderful Young Three Bedroom One and a Half Bath Colonial. Freshly Painted Interior, New Carpets, New Stainless-Steel Appliances, New Kitchen Counters, New Exterior Doors and More. This Home is Truly Move-In Ready! Slider to Back Deck Overlooks Fenced Yard. Close to All Amenities. Taxes DO NOT reflect 25% Homestead Deduction. Dont Wait! Call Today for Private Showing!
Open House
No scheduled Open Houses

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Categories: Price Change  

Posted by Debra & John Blanchet on 2/28/2018

If you’re in the market to buy a home soon, you probably have a long list of things to look for. You also are most likely focused on savings and shopping around for the best mortgage rates. You may know everything that you should do when you’re buying a home, but has anyone told you what you shouldn’t do? Read on to discover some of the worst practices of people searching for a home. 

Lack Of Research

You need to search for a home before you even set out to look at properties in person. While you’ll want to work with a realtor, you should know what you want before you start working with him. Your agent will be able to set up alerts for you that enable you to see properties put on the market as soon as they become available. This search will be tailored to your wants such as a large yard, master bathroom, or separate dining area. If you understand what your needs will cost you in relation to your budget ahead of time, working with a real estate agent will be a more fruitful experience.

Not Letting Your Real Estate Agent Do Their Job

Real estate agents are experts in the housing market. Your agent will research prices and help you to understand what a reasonable offer on a property will be. Your agent has the tools to get you the information you need to make an informed offer on a property. Sellers get insulted if an offer is well below the asking price. Trust that your agent knows what he’s talking about. 

You’ll have a close relationship with your agent throughout the house hunting process. You’ll need to make arrangements with your agent to go to open houses and home showings. Your agent will accommodate you to the best of his ability. All you need to do is communicate with them. 

Not Looking Beyond The Online Search

If you are out and about and see a property for sale that interests you, don’t assume that it’s out of your reach. Sometimes the online searches miss things. A property may include (or not include) something that you’re looking for. You can take down the address where you saw the “for sale” sign and speak with your real estate agent about it.

Skimming Over Properties

When you have the opportunity to look at a property, really take the time to view it. You can miss a lot of details by quickly going over a property due to your first impression. There’s a lot of things that you may not see if you don’t look at the details of a home as you walk through it.       

Tags: house hunting  
Categories: Buying a Home   Real estate