Coldwell Banker Murray Real Estate



Posted by Coldwell Banker Murray Real Estate on 5/26/2020

Adding a quality home to the real estate market offers no guarantees. And if you fail to set a competitive initial asking price for your residence, your home may linger on the housing market for many weeks or months. Fortunately, we're here to teach you about the real estate sector and ensure you can use your home's initial asking price to differentiate your residence from the competition.

Now, let's take a look at three tips to help you establish the right price for your house prior to listing your residence.

1. Analyze the Housing Market

The housing market is tough to navigate, particularly for a seller who wants to separate his or her residence from the crowd. Thankfully, an informed home seller can review housing market data and use this information to establish a price range for his or her house.

A home seller who assesses the real estate sector can differentiate a buyer's market from a seller's one. This seller will collect and analyze housing market data related to the prices of recently sold residences and how long these houses were listed before they sold. Then, this seller can determine whether he or she is preparing to enter a buyer's or seller's market.

2. Conduct a Home Inspection and Appraisal

Although a home inspection usually is requested by a buyer after a seller accepts an offer to purchase, it may be beneficial for a seller to conduct an inspection before listing a home. An inspection enables a seller to identify problem areas in a residence. As a result, a seller can use an inspection report to prioritize home improvement projects, complete home repairs and boost the value of his or her house.

A home appraisal also may prove to be exceedingly valuable to a seller. In fact, an appraisal provides a seller with a property valuation that he or she can use to establish a competitive initial home asking price.

3. Hire a Real Estate Agent

There is no telling how homebuyers will respond to a new house that becomes available. Lucky for you, a real estate agent can help you plan ahead to list your house and ensure you can establish a competitive price for your home from day one of the property selling journey.

A real estate agent is an expert resource that you can leverage when you sell your house. He or she can help you review housing market data from a variety of sources. Furthermore, a real estate agent can put you in touch with the top home inspectors and appraisers. Perhaps best of all, a real estate agent takes the guesswork out of pricing a house and will help you set an initial home asking price that matches buyers' expectations.

When it comes to selling your house and maximizing its value, there is no need to work alone. If you hire a real estate agent today, you can get the help you need to showcase your residence to prospective buyers and boost the likelihood of a profitable home sale.




Categories: Uncategorized  


Posted by Coldwell Banker Murray Real Estate on 5/19/2020

Photo by Andre Furtado from Pexels

A study performed by MIT and Oxford University found that people are 13 percent more productive when they're happy. This higher level of productivity impacts everything like:

  • How you communicate with others and build relationships
  • Where your career path takes you and how quickly
  • How effectively you navigate life
  • But a significant international Gallop Poll found the U.S.A.'s self-reported happiness level is 6.3 out of 10. We obviously have some work to do.

    Yale University's Happiness Course may have the answer. As expected, they're taking an academic approach with a twist we'll share. 

    And this will make you very happy. It's free online, and you don't have to be a Yale student to take it.

    About the Course

    This isn't just another philosophy course where a professor tells you to do this or don't do that to be happy. Instead, this interactive course facilitated by Yale Psychology Professor Laurie Santos. She takes you through a set of challenges she has developed to increase happiness as well as productivity.

    You'll explore the science behind happiness and how your own brain can work for you or against you as you try to be happy. This knowledge is power because you'll learn how to manage these natural responses to advance the pursuit of happiness.

    The course is 100% online and very flexible, so it works in your schedule. If you abide by the "you get what you pay for" philosophy, you may feel that there aren't that many worthwhile things in life that cost nothing but your time. This is one of those rare exceptions.

    A Sneak Preview

    According to Santos, "Our minds lie to us all the time. We mis-want things. We think we need to change our life circumstances to become happier."

    Santos has found that simple daily practices do a lot more toward helping you achieve this contentment you seek. It's the little things, not the enormous efforts that make a big difference. This course enables you to make these small changes.

    And those who are interested can get an official certificate for completing the course for $49.

    How the Yale Happiness Course Came About

    The course was born out of the stress and chaos of campus life. Professor Santos found that many students were dealing with mental health issues. And she knew that college is often a snapshot of what they may be dealing with for the rest of their lives. 

    In response, she designed an on-campus course, "Psychology and the Good Life," which taught students how to re-wire their brains for happiness. After one in four Yale students signed up, she knew she needed to take these tools to the masses. The "The Science of Well-Being" happiness course was born.

    The online course just went online and already has over 4.9 stars with 4,000 reviews.

    How to Sign Up

    What a great way to learn something meaningful in your spare time! To sign up, visit Coursera.org and search, "The Science of Well-Being". Follow the screens from there.




    Tags: living   education  
    Categories: Uncategorized  


    Posted by Coldwell Banker Murray Real Estate on 5/12/2020

    Whether you're hosting outdoor gatherings in your own backyard or at another outdoor venue, there are a few elements you will need to consider carefully. The size of your space and the number of expected guests is only the beginning. You'll want to plan out the flow of traffic and access to certain areas. Seating is also an important factor to establish as you plan your event. While flow and seating arrangements are practical and important parts of planning, but you will also want to think about the atmosphere, mood and parking aspects of your party.

    Space and Flow

    No matter your space size, you can plan a get together that accommodates all your guests. A small sit-down dinner party or a large open house type of gathering at a public park both require a deep spatial understanding of the area for comfortable interaction and relaxation. If you are working with a small area, make sure you keep walking spaces clear and that each guest will have enough elbow room. In a larger venue, you may want to set up several areas that will accommodate small groups to encourage interaction. 

    It may also be a good idea to let your guests know where the bathroom(s) are located at the beginning of the event. Walk through your space and think about how your guest will get to the food, beverages and seating areas. Take care of any obstacles or items that may pose as a tripping hazard or that can break easily. Trying to clean up messes during an event is difficult and takes time away from your guests. 

    Seating and Style made Simple

    Having plenty of seating for all your guests will encourage social interaction. Make sure the seats are comfortable and in good condition. The last thing you want is a guest to end up embarrassed or hurt by falling out of a broken seat. Also, think about where your guest will set their drinks or plates down while they are visiting with each other. Having small side tables or coffee tables spread around the seating areas will allow for a relaxed setting. 

    To set up an area that feels relaxing and fun, you may want to hang some string lighting for an evening event. This gives softer lighting than your backyard security lighting or a couple of floodlights. Using colorful planters and inexpensive outdoor lanterns can add a festive feel, as well. 

    The next time you plan an outdoor gathering, walk through your space and anticipate the best flow, comfort and ambiance for your guests. You'll be glad you did!




    Categories: Uncategorized  


    Posted by Coldwell Banker Murray Real Estate on 5/5/2020

    A home inspection enables a buyer to examine a residence and identify any underlying structural issues. Plus, the assessment allows a buyer to receive a report that details a home inspector's findings to help him or her determine how to proceed in the homebuying journey.

    Ultimately, it helps to prepare as much as possible before you conduct a home inspection. If you allocate time and resources to get ready for a home inspection, you'll be better equipped than ever before to achieve the best-possible inspection results.

    Let's take a look at three tips to help you prepare for a home inspection.

    1. Hire an Expert Home Inspector

    There is no shortage of home inspectors for hire in cities and towns nationwide. However, differentiating an average home inspector from an expert one can be difficult.

    When it comes to getting ready for a home inspection, it pays to hire an expert to assess a residence both inside and out. Because if you have an expert home inspector at your side, you can learn about myriad home problems before you finalize a house purchase.

    To find an expert home inspector, it helps to reach out to home inspectors in your area. Learn about each home inspector's expertise and ask for client referrals. After you perform an extensive evaluation of home inspectors, you can hire an expert home inspector to assess any residence, at any time.

    2. Develop a Game Plan

    If you want to achieve the optimal results during a home inspection, it helps to enter the inspection with a plan in hand. That way, you can evaluate all aspects of a residence and improve your chances of identifying both minor and major home issues.

    Ensure your home inspection plan includes assessments of a house's interior and exterior, as well as a residence's attic, basement and roof. Also, you should test a home's heating and cooling system during an inspection.

    3. Consult with a Real Estate Agent

    A home inspection may prove to be difficult if you fail to plan accordingly. Luckily, if you hire a real estate agent, you can get the support you need to maximize the value of a home inspection.

    Typically, a real estate agent will guide you along the homebuying journey. Once a seller accepts your offer on a home, a real estate agent can put you in touch with the best home inspectors in your area. Then, you, your real estate agent and your home inspector can work together to perform a successful home evaluation.

    A real estate agent will provide plenty of assistance after a home inspection too. And if you are uncertain about how to proceed with a house after an inspection, a real estate agent can offer recommendations to help you make an informed decision.

    Want to take the guesswork out of a home inspection? Use the aforementioned tips, and you can prepare for an upcoming home inspection.




    Categories: Uncategorized  


    Posted by Coldwell Banker Murray Real Estate on 4/28/2020

    Many of us will move home several times throughout our lives. Whether itís relocating for work, needing a bigger house for children, or a quiet place to retire to, itís likely that the home you live in now wonít be yours forever.

     As a result, many homeowners wonder what they can do to ensure their home will have a high resale value when the time comes to move on.

     The good news is that there are a lot of things you can do now that will give you a good return on investment when it comes to selling your home later. However, there are a few factors that affect a homeís valuation that are out of your control. Weíll talk about all of those factors below. So, read on for a list of the factors that affect your homeís resale value.

     The age of your home

    Your house may not complain about it, but it isnít getting any younger. Homes tend to slowly decrease in value over time. A home built in the late 1970s, even if itís well taken care of, most likely wonít sell for the same price as a 15-year-old home.

    There is one exception to the rule, however, and that is historical houses. Homes that are a century old can sell for top dollar because of the craftsmanship and history that the house contains.

    Admittedly, this is a niche market, as many people just want a safe and efficient home to live in. However, there are some homebuyers who will put in a bit of extra work around the house for the chance to live inside of a piece of history.

    Smart renovations

    When youíre upgrading your house itís important to remember how that upgrade will pay off years down the road. Some renovations will almost always give a good return on investment such as a finished basement or attic and improving efficiency via added insulation or replacing windows.

    Renovations that match a very specific decorative taste or style could come back to haunt you. This includes bathroom sinks, kitchen cabinets, countertops, and other expensive projects that are subject to the next ownerís taste. While these upgrades can give a good return on your investment, theyíre more likely to be successful if they fit the current trends of style and craftsmanship.

    Neighborhood and town

    One of the factors of home valuation that you have little control over is the town and neighborhood the house is located in. If there are closed down businesses, foreclosed and deteriorating homes then potential buyers might be turned off to the neighborhood.

    Similarly, the town you live in has a lot to do with how much people are willing to spend. If you have easy access to interstate highways and large cities, highly rated schools, and good local infrastructure, then buyers are likely to take these into consideration when making an offer, as the average cost of a home in your town is likely higher than some surrounding towns.




    Tags: home   resale value   valuation  
    Categories: Uncategorized  




    Tags
    ©2018 Murray Real Estate,Inc. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Murray Real Estate, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.