Archive for the ‘Home selling’ Category:

How to Break Up With Your Real Estate Agent

Buying or selling a home rarely happens overnight, and it's not uncommon for buyers or sellers to interface or even work with multiple agents. Best-case scenario, the right agent shows their face early, and the relationship (and transaction) is a huge success.

But somewhere along the way, you may find that your relationship with your real estate agent just isn't working anymore. Maybe the agent is moving faster than you'd like. Or they're not as available as you need them to be. Maybe they just don't get you.

So what do you do? Is it OK to break up with your real estate agent? And if so, how do you gracefully end it?

The answer depends on whether you're working with an agent as a buyer or a seller.

Advice for buyers

Real estate agents earn their commissions from sellers, and the money is split between the sellers’ and buyers’ agents. As a general rule, buyers won't be asked to enter into a contractual or financial agreement with a real estate agent.

Instead, a buyer makes a (sometimes nonverbal) handshake agreement with the real estate agent. You're basically agreeing to exclusively rely upon that agent. And that's fair.

Agents often work hard and spend a lot of time engaging with buyers, watching the market, writing contracts, showing properties, reviewing disclosures and so on. Imagine how they'd feel after spending months working with a client only to be informed that another agent found them the home they want?

Before you shake hands, do your homework. Ask friends for references, and check out online agent reviews.

Going to open houses is a good way to meet and interview agents who work where you want to buy. Don’t jump in with the first agent you meet. Like any relationship, start slow and feel it out. It’s harder to break up with your agent if you’re deeply engaged.

If you're not quite ready to be tied down, it's better not to engage an agent until you are ready. Early on, a good real estate agent should read your situation well and provide the appropriate amount of attention as needed. They'll act as a resource and be available when you need them. Once the search kicks into high gear, agents and buyers will spend lots of time together and communicate 24/7.

If you do find that a relationship isn’t working, be honest and upfront before more time passes. Offer the agent constructive feedback about why it's not working for you.

Advice for sellers

Since the seller pays the real estate agent's commission, the brokerage requires the seller to sign a listing agreement upfront.  During the listing period, you're contractually obligated to work exclusively with the agent and brokerage firm, specifically on the sale of your home.

In fact, even if you find a buyer on your own (such as a friend), the listing agent or brokerage firm is still due their commission.

Just as a buyer must do their homework, it's even more important for a seller to do their research, given the commitment. Most listing agreements state that if the listing agent brings an offer at the listing price and the seller doesn't accept it, the agent is still due a commission. This scenario happens sometimes when the listing agent and seller aren't getting along.

In most situations, if the listing agent isn't doing a good job but there's still time left on the agreement, you should simply tell them it's not working out. A good, fair and honest agent will apologize for not meeting your expectations and will agree to release you from the agreement ahead of schedule. But that's not always the case, and sellers typically respond by no longer agreeing to open houses or considering offers from the agent.

Sometimes an agent wants to break up with the seller. Maybe the seller insists on keeping the price of the home too high or isn't cooperating to accommodate showings. The agent simply feels they can't be successful with the seller, no matter how much time they put into the job.

If you're a seller whose agent wants out of the agreement because you aren't taking the necessary steps to sell your home, it's best to let them go - and decide if you're really ready to sell or not.

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Note: The views and opinions expressed in this article are those of the author and do not necessarily reflect the opinion or position of Zillow.

Originally published September 2016.

Quiz: Should You Renovate Your Home or Sell?

Most homeowners have that one thing about their home that they wish were different.

For some, the home’s fatal flaw exists outside the four walls. Maybe the house backs up to a creek that floods whenever it rains, resulting in a squishy backyard and mosquitoes. Or perhaps the home is located on a busy street that generates too much traffic noise. It could just be that the house is too far from the homeowner’s job, and the long commute has gotten old.

If you’re feeling discontent with your home, you may be thinking about renovating … or getting out entirely. But before you knock down walls or put your home on the market, check out our quiz - it could help you think differently about your situation.


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Originally published March 2018.

8 Curb Appeal Boosters You Can Do in a Weekend

A polished home exterior creates an inviting experience for visitors or passersby, which is especially important if your home is on the market.

Check out our tips to get the most curb appeal for the lowest cost - while turning your neighbors' heads and getting prospective buyers to your door.

Clean up

The easiest way to enhance curb appeal is dedicating a weekend to deep cleaning your home’s exterior.

Sure, you'll want to trim bushes, sweep and mow your lawn, but there's more to curb appeal than keeping a tidy front yard. Turn the nozzle on your garden hose to the strongest setting and clean off your driveway, sidewalk, windows and fence.

If dirt and grime are caked on your home's exterior, you can rent a powerwasher for around $50 to $75 a day. Just avoid areas with caulking, like windows and doors, because you can strip some of the sealing. And as tempting as it may be to powerwash your roof, don’t do it -  you may damage the shingles’ coating.

When it comes to your windows, spraying them with a garden hose isn't enough. For maximum sparkle, clean your windows outside and inside. Instead of relying on a glass cleaner, try a mix of detergent diluted in warm water.

Add shutters

Shutters are an easy way to accentuate the size of your windows. They make your windows look larger and add visual interest by disrupting a bland exterior wall. For maximum curb appeal, choose a shutter color that contrasts with your home’s color to make it pop.

Paint accent areas

Paint is a quick and easy curb appeal booster. Instead of painting the entire exterior of your home, focus on the trim, door and shutters.

You can typically find a gallon of exterior paint for $20 to $30. But before you decide on a color, consider home exterior color trends, along with your home's natural style.

Give your door a face lift

If you don’t love your front door, you don't need to dish out loads of money to replace it. Think beyond paint - consider adding molding, which offers a decorative frame for your door that welcomes visitors.

You can also add metal house numbers, which you can find for as low as $5 a number. And if seasonally appropriate, consider adding a wreath to your door as a bonus.

Replace your house numbers

If you'd rather not add house numbers to your freshly painted door, here are some alternative DIY ideas:

  • Paint a terra-cotta planter with your house number and place it by your doorstep.
  • Add house numbers to a post planter near your front porch.
  • Use your front porch stair riser’s real estate by hanging or painting numbers there.

Update your light fixtures

Replacing your exterior light fixtures is another curb appeal must. You can usually find outdoor sconces for around $20 at home centers. Just make sure your new light fixtures have the same mounting system. And if you want to save on lighting, a fresh finish can do wonders. Try spray-painting them - a can of spray paint costs around $10.

Keep porch furniture neutral

Just as you would aim to simplify the interior of your home so shoppers can envision themselves living there, the exterior of your home should be neutral and welcoming too.

Put your pink flamingo and wind chime collection into storage, and focus on porch decor that offers pops of color and character. You can find brightly colored outdoor chairs or throw pillows for $20 to $30 each.

Don’t forget the small things

These low-budget fixes make a big impact, so don’t forget the little details!

  • Upgrade your mailbox: Install a new mailbox for under $100, or spray paint your existing mailbox.
  • Plant a tree: A charming tree can up your curb appeal for as low as $20.
  • Build a tree bench: If you already have a tree you love, build a bench around it! Great for napping, picnicking or just hiding exposed roots, a wraparound tree bench costs only what you spend on boards and screws.
  • Install flower boxes: For around $20 each, flower boxes are a quick way to add some life and color to your windows. If flower boxes sound like too much work, try a container garden in pots by your front porch.
  • Hide eyesores: Place a small lattice fence or a side of paneling around your air conditioner, and hide your trash bins behind a small fence. You can also hide your hose in a pot or storage bench.

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Originally published March 2018.

3 Must-Do’s Before Listing Your House for Sale

Planning to sell your house this year? Now’s the perfect time to prep it for listing!

Set aside a couple of weekends to do the work, and follow these three steps. Then, get ready to make a great impression on potential buyers and cinch the deal.

Step 1: Clean and declutter

It may sound obvious, but the importance of cleaning and decluttering cannot be overstated. Here are some ideas to make this process nearly painless.

  • Eliminate clutter before cleaning: This is the time to purge your house of unwanted and unnecessary items. In addition to donating items to charity, consider giving them away through Craigslist or neighborhood sharing groups. Recyclers are often willing to pick up and haul away large metal items for free.
  • Deep clean your house: This step will probably involve the biggest time investment. Get the whole family involved if you can! Think of this as a pumped-up spring cleaning. Pay special attention to kitchens and bathrooms, and clean the inside and outside of your windows - this makes a striking improvement in the overall appearance of your house.
  • Organize closets, cabinets and drawers: In this case, out of sight is not out of mind. Many potential buyers will open cabinets and closets, because they are thinking about storage space. Clean and organized storage areas signal to buyers that you take care of the house.

Step 2: Make small repairs

Take care of these problems before you show the house for the first time. These are all fixes that you can do yourself.

  • Fix any leaking faucets and running toilets.
  • Replace caulking around tubs, showers and sinks.
  • Freshen up or repair grout as needed.
  • Repair walls and repaint them in a neutral, generally pleasing color that complements your home.
  • Fix cracked or broken windows.
  • Replace or repair damaged window screens.
  • Replace burned-out lightbulbs.

Step 3: Go for curb appeal

You want potential buyers to be charmed by the outside of your house so they look forward to coming inside. Extend your pumped-up spring cleaning to the outside of your house too.

  • Trim bushes, shrubs and trees. Make sure vegetation isn’t touching your roof or siding.
  • Repair broken downspouts and gutters.
  • If it's appropriate for your yard, apply new mulch, river rock and/or pea gravel. This can do wonders for your landscaping and provide immediate curb appeal.
  • Clean and repair concrete areas, such as driveways and walkways. Eliminate any oil or grease stains, and clean out any weeds coming up through the cracks.
  • If it's seasonally appropriate, put out some pots of annuals, which will maintain their color for the season. Freshen up your doorstep with a new welcome mat and make sure the house numbers are easy to see.

With just a moderate amount of effort, you can make your house beautiful and welcoming, both inside and out.

Ready to put your home on the market? Check out our Home Sellers Guide for more tips and resources.

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Originally published March 2017.
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