South Florida Real Estate Blog by Shari Orland, Realtor

Selling Your Boca Raton House: “Myths” or Assumptions?

Oftentimes those lists naysaying common “myths” about selling a house are actually addressing assumptions. If “myths” are stories handed down through the generations, “selling your house” is an unlikely topic to be part of family lore. Myths about selling your Boca Raton house are usually more like logical assumptions that many sellers make on their own, rather than information they’ve heard from someone else.

So here is a “Top 3” list of questionable assumptions sellers sometimes make about selling their Boca Raton house:

  1. Homebuyers want to remodel after they purchase a home. Many people think that the average buyer “wants to make it their own” by wreaking wholesale changes to reflect their personal tastes. In fact, this assumption is contradicted by what is far more common: most buyers are attracted by properties that are “move-in ready.”
  2. Remodeling will take so much time it will be impractical. Updating tired details in key rooms (kitchens and bathrooms are typical) can be accomplished speedily when the scope is narrow. In some instances, concentrating on details like light fixtures, faucets, and kitchen and bath hardware design—can wind up reducing the time on market. 
  3. Remodeling never pays off. This budgetary assumption actually could be close to a myth because it is often discussed. But it’s only true when indiscriminate remodeling is undertaken. Small upgrades that focus on areas that buyers center on can definitely result in a higher selling price. This is where outdated kitchens or bathrooms warrant thoughtful consideration.

Every Boca Raton house deserves to be recognized...

Top 6 Garage Sale Tips before You Sell Your Boca Raton Home

As soon as you begin to plan to sell your Boca Raton home, you’ll soon find one thing everyone agrees upon: the need to de-clutter. But where to start? For any home that’s been lived in for years, it’s easier said than done. Most of us shrink from even thinking about what goes and what stays. But one way to wade into the project is to force the issue by picking a date and (now that you’re committed)—holding a garage (AKA ‘yard’) sale!

For garage sale neophytes, there are a number of tips that veterans agree upon. Here are six that top most lists:

  • Inventory as if you are serious. That means making a list of each of the major items you will be offering, then placing a price tag on each. A very general rule of thumb is to price most at 25% of what you may have paid for items that are in “like new” condition—but that is only a guideline.
  • Tables—beg, borrow, or steal as many folding tables as possible (maybe the stealing isn’t such a good idea). But most people don’t like to keep bending over to inspect items—and experts say they don’t value them as highly, either.
  • Advertise. Use any local Boca Raton free media, social media, and, beginning a week in advance, put up strategically placed, easy-to-read announcement posters. Don’t forget to include the date, day, and hours (4 to 6 hours will be sufficient).
  • Set up at least a half-hour before the sale begins. The most serious customers are likely to be “first in.”
  • Get small change: lots of it. If you will be offering a number of pricey items, it could be worthwhile to invest in one of the...

Delray Beach Multiple Offer Scenarios Still Can Happen!

Real estate market changes can be sudden or slow. No matter how the broader market shifts nationally or locally here in Delray Beach, certain types of properties or price ranges can still result in a multiple offer scenario.

Buyers: never fear! If you fall in love with one of these highly desired homes, there are strategies that will help your offer stand out that DON’T involve simply offering more money. 

Go beyond the pre-approval letter

The more prepared you are, the better.  To get ahead, be the buyer who’s further along in the loan process BEFORE you make an offer.  This means preparing all the documents your lender needs when it’s time to approve the mortgage: tax returns, W2s, pay stubs, bank statements, etc.

Find a 24/7 mortgage broker

Did you know there even was such a thing? Time is always “of the essence,” so working with a mortgage professional who is available on weekends can help when a quick turnaround is critical. That way, if you put an offer on a house on a Saturday or Sunday, your lender can contact the seller’s real estate agent directly to assure the sellers that you’ll be able to close quickly and on time if they choose your offer!

Write a love letter

Personal letters can actually work! Such a letter might include a brief intro to you and your family (and don’t shy away from including a fun fact or two to make it personal). It would go over the unique details you like about the house, the neighborhood, and the future you envision there.  It never hurts to end with a note of appreciation of how well the sellers have taken care of the property.

Be flexible with the seller

It’s not always about the money.  Timeliness matters.  Closing dates matter.  Maybe the seller needs to be out of the home quickly, so a brief inspection period (or waiving the inspection period if appropriate) could be decisive....