Tony Nakhle
RE/MAX Landmark, Realtors | 781-589-5622 | tnakhle@landmarkweb.com


Posted by Tony Nakhle on 9/30/2018

If you receive an offer to purchase from a property buyer and decide to submit a counter-offer, it is important to err on the side of caution. Because if your counter-proposal fails to meet a buyer's expectations, you risk missing out on the opportunity to sell your house and maximize your home sale earnings.

When it comes to reviewing an offer to purchase and submitting a counter-proposal, it helps to prepare as much as possible. Fortunately, we're here to help you perform a full analysis of a homebuying proposal and ensure that you can submit a counter-offer that matches the expectations of both you and a buyer.

Now, let's take a look at three tips to help you put together a "fair" counter-proposal to a buyer's offer to purchase your home.

1. Use Housing Market Data to Your Advantage

Take a look at local housing market data you'll be glad you did. If you take a data-driven approach to craft a counter-offer, you may be better equipped than ever before to put together a counter-proposal that meets the needs of all parties involved in a property sale.

Analyze the prices of recently sold houses in your city or town that are similar to your own. Furthermore, find out how long these residences were available before they sold. With this housing market data in hand, you should have no trouble crafting a fair counter-proposal.

2. Consider the Buyer's Perspective

As you examine a buyer's initial offer to purchase, think about why this individual chose to submit the proposal. Try not to get emotional if you feel the offer is too low; instead, think about how you can work with a buyer to find common ground.

Oftentimes, it helps to maintain open communication with a buyer. If you put together an counter-proposal that accounts for the buyer's perspective and keep in touch with this individual, you and a buyer may be able to work together to come to a fair agreement.

3. Consult with a Real Estate Agent

If you are unsure about what to propose as part of a counter-offer, there is no need to stress. In fact, if you collaborate with a real estate agent, you can get the assistance you need to craft a counter-proposal that may lead to an instant "Yes" from a buyer.

Usually, a real estate agent will inform you about an offer to purchase your home and provide recommendations and suggestions as you craft a counter-proposal. He or she also will negotiate with a buyer's agent on your behalf. And if you ever have concerns or questions during the property selling journey, a real estate agent is happy to address them.

Allocate time and resources as you craft a counter-offer. If you consider the current state of the real estate market and the buyer's perspective, you could increase your chances of putting together a counter-proposal to close a deal on your home. Perhaps best of all, you can submit a counter-offer that allows both you and a buyer to achieve your respective goals faster than ever before.




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Posted by Tony Nakhle on 9/9/2018

Getting the best price for your residence can be easy, particularly if you allocate the necessary time and resources to become a smart home seller.

What does it take to become a smart home seller? Here are three tips to help you do just that.

1. Analyze the Housing Market Closely

The housing market can be tricky to navigate, especially for a first-time home seller. Fortunately, those who spend some time reviewing the real estate sector closely can identify housing market patterns and trends and plan accordingly.

For example, a home seller should check out the prices of comparable houses in his or her area. This will enable a property seller to understand how his or her home stacks up against the competition.

A home seller also should review the prices of recently sold homes. This will allow a home seller to differentiate between a buyer's market and a seller's market.

2. Take a Look at Your Home Both Inside and Out

When a homebuyer views your house for the first time, will your residence make a positive first impression? If you're unsure, you may want to conduct a home appraisal as soon as possible.

A home appraisal allows a property inspector to examine your residence both inside and out. That way, you can identify any potential problems with your residence and make home improvements as needed.

There are many quick, simple ways to enhance your property's appearance without breaking your budget too.

For example, mowing the front lawn and trimming the hedges can help you transform an ordinary home exterior into an exceptional one.

Or, if you want to upgrade your house's interior, eliminating clutter usually is a great idea. Removing unwanted items from your house will help you free up space so you can show off the true beauty of your residence's interior.

3. Work with a Real Estate Agent

No one should be forced to navigate the home selling journey alone. Lucky for you, real estate agents are available who can help you seamlessly add your home to the housing market and optimize your residence's value.

A real estate agent will meet with you to understand your home selling goals. Then, he or she will help you map out a home selling journey, one that guarantees you can generate plenty of interest in your residence as soon as it becomes available.

Usually, a real estate agent will help you get your home ready to add to the real estate market. He or she will offer honest, unbiased home improvement recommendations so you can upgrade your residence in no time at all.

Perhaps best of all, a real estate agent will set up home showings, promote your residence to homebuyers and negotiate with property buyers on your behalf. And if you ever have home selling concerns or questions, a real estate agent will be happy to respond to them instantly.

Take the guesswork out of selling your home use the aforementioned tips, and you can become a smart home seller.




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Posted by Tony Nakhle on 6/17/2018

In some instances, it may be beneficial to reject an offer to purchase your home. Because if a homebuying proposal fails to meet your expectations, you may want to wait for another offer to come your way.

Reviewing a homebuying proposal and determining whether to reject this offer can be tricky. But we're here to help you evaluate an offer to purchase so you can decide the best course of action and feel confident about your choice.

Now, let's take a look at three tips to help you assess an offer to purchase and determine whether to decline.

1. Review the Local Housing Market

The housing market in your city or town is a major factor in the property selling journey. If you're selling your residence in a buyer's market, you likely face steep competition to sell your house and maximize its value. Comparatively, if you're operating in a seller's market, there may be an abundance of buyers and a shortage of sellers in place.

Take a look at the prices of recently sold residences and how long these properties were listed before they sold. You may want to consider the prices of currently available houses in your area that are similar to your residence too. With this housing market data in hand, you can differentiate a buyer's market from a seller's one and take a data-driven approach to decide how to proceed with an offer to purchase.

2. Weigh Your Home's Strengths and Weaknesses

You believe your home is great, but you also realize that your residence is far from perfect. As such, it often helps to weigh your residence's strengths and weaknesses relative to an offer to purchase and proceed accordingly.

For example, if a homebuyer submits a competitive offer to purchase your home in spite of its exterior damage, you may want to accept this proposal. On the other hand, if a buyer submits a "lowball" offer on your recently upgraded house, you may want to decline this proposal.

3. Consult with a Real Estate Agent

If you're unsure about whether to reject an offer to purchase, there is no need to worry. You can always hire a real estate agent, and this housing market professional can provide comprehensive support throughout the property selling journey.

A real estate agent is ready to help you in any way possible. If you need help listing your residence and promoting it to prospective buyers, a real estate agent can assist you. Or, if you want to find innovative ways to enhance your residence's curb appeal, a real estate agent can provide home exterior upgrade recommendations.

Of course, a real estate agent will work with you to review any offer to purchase your house. You and your real estate agent together can discuss the pros and cons of a homebuying proposal and make a decision that corresponds to your house selling goals.

Take the guesswork out of reviewing an offer to purchase use the aforementioned tips, and you can decide whether rejecting a homebuying proposal is the best option.





Posted by Tony Nakhle on 6/10/2018

As a first-time home seller, it can be tough to establish a competitive price for your residence. And if you set a price that is too high or too low, you risk alienating potential homebuyers or missing out on an opportunity to maximize the value of your house.

Ultimately, there's a lot to think about as you determine the price for your residence. Lucky for you, we're here to help you take the guesswork out of pricing your home, regardless of the current housing market's conditions.

Let's take a look at three tips to help first-time home sellers set a competitive price for a residence.

1. Study the Real Estate Market

How does your residence stack up against similar houses that are currently available in your city or town? Study the real estate market, and you can find out how your residence compares to the competition.

Evaluate the prices of currently available houses in your city or town. With this housing market data in hand, you can learn how your home ranks against the competition and establish a price range for houses that are similar to your own.

Also, examine the prices of recently sold houses in your area. By doing so, you can find out whether you're about to enter a seller's market or a buyer's market and map out your home selling journey accordingly.

2. Perform a Home Appraisal

A home appraisal can make a world of difference, particularly for a first-time home seller who is uncertain about how to upgrade a residence.

During a home appraisal, a property inspector will examine a home's interior and exterior. After the appraisal is finished, this inspector will provide a home seller with a report that outlines his or her findings.

Take the results of a home appraisal seriously you'll be glad you did. The appraisal enables a home seller to learn about a home's strengths and weaknesses, and as a result, discover the best ways to transform assorted weaknesses into strengths. Then, a home seller can perform myriad home upgrades and may be better equipped than ever before to optimize the value of a house.

3. Consult with a Real Estate Agent

A real estate agent analyzes housing market patterns and trends closely and is happy to share home selling insights at any time. Thus, this housing market professional can help a home seller establish a competitive price for a home from the get-go.

Moreover, a real estate agent will promote a home to the right groups of homebuyers and work with a home seller at each stage of the property selling journey. He or she will even negotiate with homebuyers on a seller's behalf to increase the likelihood that a seller can get the best price for a residence.

When it comes to selling a home for the first time, there is no need to leave anything to chance. Use the aforementioned tips, and a first-time home seller can set a competitive price for a house and increase his or her chances of a quick home sale.




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Posted by Tony Nakhle on 5/27/2018

Tired of living in the big city? No worries, as there is plenty of demand for residences in cities across the United States.

As a home seller, it is important to learn about a city's housing market. By doing so, you can understand what to expect before you list your property.

Ultimately, selling a home in the city can be a quick and simple process. Here are three tips to ensure you can add your residence to a city's real estate market and maximize the value of your house.

1. Check Out Comparable Residences That Are Currently Available

How does your home stack up against other houses in a particular city? Review comparable homes that are currently available, and you may be able to find ways to differentiate your residence from the competition.

Remember, an informed home seller understands the ins and outs of the local housing market. This individual will learn about his or her property's strengths and weaknesses, and as a result, discover ways to transform assorted home weaknesses into strengths.

Emphasize your city home's interior and exterior as you search for ways to enhance your residence. A clean, uncluttered home interior will make it easy for homebuyers to envision what life would be like if they purchase your house. Meanwhile, a dazzling home exterior will ensure your residence can make an unforgettable first impression on homebuyers.

2. Establish a Competitive Price for Your House

A competitive price can make a world of difference for home sellers in a big city. In fact, a home seller who prices his or her city home aggressively from the get-go may be able to streamline the home selling process.

To determine a fair price for a city residence, assess the prices of recently sold houses in your city. This housing market data will help you determine whether the current real estate market favors homebuyers or home sellers.

Also, don't forget to complete a home appraisal. This home evaluation will enable you to receive expert insights into problem areas throughout your home that you can correct before you list your residence.

3. Collaborate with a Real Estate Agent

A real estate agent is happy to serve home sellers in any way possible. This real estate professional knows what it takes to sell a city home and will allocate the necessary time and resources to promote your residence to the right groups of homebuyers.

With a real estate agent at your side, you should have no trouble stirring up plenty of interest in your city home. A real estate agent will set up home showings and open houses, promote your residence on social media and much more. Perhaps best of all, this real estate professional will respond to your home selling queries at any time.

Don't leave anything to chance as you prepare to sell your city home. Use these home selling tips, and you can increase the likelihood that you'll be able to maximize the value of your residence.




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