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7 Essential Tasks That Home Sellers Frequently Overlook

7 Essential Tasks That Home Sellers Frequently Overlook

7 Essential Tasks That Home Sellers Frequently Overlook

7 Essential Tasks That Home Sellers Frequently Overlook

When it comes to selling your home, the to-do list seems never-ending: from finding a reliable real estate agent and doing touch-ups to fixing that stubborn air conditioner and considering staging options. With so much on your plate, it’s not surprising that certain important tasks sometimes slip through the cracks (and we’re not here to place blame!).

To ensure a smooth selling process, our team of experts—experienced real estate agents who have assisted numerous home sellers—has pinpointed the often overlooked to-do’s. Rest assured, these tasks won’t demand much time, yet their value is immeasurable.

Follow this invaluable advice, and you’ll find that selling your house may not be as overwhelming as people often make it out to be.

1. Google your address

It’s crucial for sellers to be proactive in monitoring what’s being said about their property on the internet. Surprisingly, not all sellers take this step, but it’s highly recommended. According to the National Association of Realtors®, a staggering 90% of buyers utilize online resources while searching for a home.

Sellers are advised to pay attention to their online listing’s appearance, as it significantly impacts the concerns potential buyers may have. For instance, if the estimated value on the site differs greatly from your asking price, it could be due to incorrect information in the tax records about the number of bedrooms or bathrooms in your house. Fortunately, this is a simple issue to rectify.

Another important factor to consider is the influence of mapping technology, particularly Google Maps’ street view. It’s possible that the street view of your property might not display the improvements you’ve made, which is why it’s essential to include those updates in your listing to give buyers a comprehensive and accurate view of your property. Being aware of these online aspects will enhance your selling process and ensure you make a strong impression on potential buyers.

2. Account for improvements and issues

It is suggested that if you’ve been a homeowner for an extended period, take the time to compile a list of all the issues you’ve successfully addressed during your tenure. This may encompass various matters such as chimney fires, water damage, or basement floods. Regardless of whether you resolved these problems or not, it’s crucial to disclose this information to potential buyers to avoid potential legal issues post-sale.

It is also emphasized the significance of revealing any “invisible improvements” you’ve made, such as regrading the land or installing a French drain system. Sharing these enhancements can provide a considerable sense of reassurance to prospective buyers.

Similarly, when it comes to sewer lines, tanks, radon remediation, or leaky skylights, and disclosure is important. Being forthright about these aspects builds trust and transparency between you and the buyer.

3. Check your real estate agent’s references

To safeguard your time, money, and peace of mind, it is crucial to be diligent in finding the best real estate agent for your needs, as a poorly behaved or incompetent agent could lead to significant consequences. Here are some extra steps you can take to ensure you make the right choice

Before making any decisions, it’s essential to verify that the individuals you are considering to work with hold a valid and up-to-date real estate license, and have a clean track record with no complaints filed against them. Take the time to schedule a meeting with the agent in person to get a better understanding of their qualifications and approach. Additionally, don’t hesitate to reach out directly to a few of their provided references to gather insights into their past performance and client satisfaction. Being thorough in these steps will help ensure you select a reliable and trustworthy real estate professional.

4. Insist on social media marketing

In addition to staging your home beautifully, setting a competitive price, and listing your property, there’s another crucial aspect to prepare before you’re fully ready to sell: a well-thought-out social media marketing plan. Marianne Leonard Cashman suggests several must-do strategies, including video tours, floor plans, and captivating photo galleries, all promoted on platforms like Facebook and Instagram.

Cashman emphasizes the importance of utilizing all available avenues to attract the right buyer for your home. This involves ensuring your agent showcases your home not only on their website but also on their agency’s website. Moreover, your property should be promoted on various other sites that specialize in marketing homes and providing information about upcoming open houses. By leveraging social media and online platforms effectively, you can significantly enhance your property’s visibility and increase your chances of finding the perfect buyer for your home.

5. Make sure the doorbell rings

The importance of attention to detail cannot be underestimated when it comes to selling your home. Even seemingly minor cosmetic repairs can have a significant impact on the success of your sale. Neglecting to fix something as simple as a broken doorbell may send a negative message to potential buyers, making them wonder about other potential issues within the property.

First impressions are crucial. A well-maintained home, starting from the moment buyers view it from the curb, conveys a sense of pride in homeownership and diligent care. This perception, in turn, translates to reduced energy and costs for the buyer as they anticipate moving into a well-kept property.

6. Clean inside everything

Storage space can be a significant selling point for homes. Hence, it’s essential to be prepared because potential buyers will thoroughly investigate closets, drawers, cabinets, ovens, refrigerators, and even the dishwasher—whether they are cleaned or not. Ensuring these spaces are spotless is crucial.

Investing in a professional deep-cleaning service will prove beneficial, as it can potentially increase your sales price by at least tenfold. Remember, simply sweeping and scrubbing the surfaces until they shine is not enough. The job is not complete until every trace of dust, crumbs, and unwelcome critters are meticulously cleaned from the small spaces within these storage areas. By prioritizing this level of cleanliness, you will leave a positive and lasting impression on buyers, potentially accelerating the sale of your home.

7. Clarify which items are not included

It’s crucial to avoid potential complications with buyers falling in love with your house due to its custom window treatments or other fixtures that you intend to take with you when you move. To prevent any misunderstandings, it’s essential to be clear about what items are included in the sale and what you plan to take with you.

The law generally considers anything bolted to the wall or ceiling as part of the property and, therefore, transfers to the buyer unless explicitly excluded in the contract. If you have specific items you want to keep, such as a flat-screen TV, chandelier, or custom pot rack, it’s essential to label them as excluded from the sale as soon as the house is listed. This way, buyers won’t assume they come with the property and be disappointed later on.

Being upfront and transparent about what is included in the sale will help ensure a smoother and more positive home-selling process for both you and the potential buyers.

Experts in Residential Real Estate in Orlando

If you are BUYING or SELLING real estate it’s quiet often the single most important financial decision you make. For the last 30 years we have helped clients buying and selling property in Orlando and the surrounding areas. Put simply, this means the knowledge and expertise accumulated over this time ensures our clients get the best representation possible.

Our experienced agents will help and guide you through the entire process providing valuable support every step of the way.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

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What Is a Buyer’s Market

What Is a Buyer’s Market

What Is a Buyer’s Market

What Is a Buyer’s Market

In case you’ve been wondering, a buyer’s market tips the scales in favor of homebuyers rather than sellers. But let’s delve into what this exactly entails.

It essentially means that external factors such as supply and demand dynamics, comparable sales in the neighborhood, overall economic conditions, public sentiment, confidence in the future, and even changes in tax laws all align to benefit buyers in the real estate market.

All of these factors combine to create an optimal situation for prospective buyers, making it an opportune time to make a purchase in the real estate realm.

What does it mean for buyers?

During a buyer’s market, purchasers are poised to strike a favorable deal on their desired property.

In the current buyer’s market, those in search of a new home are presented with an ideal opportunity to make a move. The ample available inventory may prove advantageous, possibly resulting in the acquisition of their dream home at a more affordable price.

With a less competitive market, potential buyers gain the luxury of time to make well-considered decisions without the pressure of engaging in bidding wars. Indeed, this favorable scenario offers buyers the chance to negotiate additional perks. Low competition may allow buyers to secure a home warranty, have part of the closing costs covered, and even exert more control over the closing date.

However, it’s essential to exercise caution. As tempting as it may be to capitalize on the favorable conditions, a licensed real estate salesperson emphasizes the importance of staying within your budgetary limits. While great deals may be available, it’s crucial to refrain from aggressively pursuing properties beyond your financial means to maintain stability in case of future market fluctuations.

What does this mean for sellers?

As you might expect, a buyer’s market isn’t particularly favorable for sellers. Increased competition among sellers targeting the same pool of buyers can result in properties remaining on the market for an extended period, sometimes up to a year or more.

To maximize their chances, sellers should ensure their homes are move-in ready and visually appealing in photographs. If the property needs some work before being move-in ready, offering additional concessions like covering closing costs or providing a carpet or paint allowance can be beneficial.

Furthermore, if the house possesses unique or uncommon features such as an exceptionally large backyard or a secret room, it’s crucial to highlight these distinctive aspects to potential buyers.

Are we in a buyer’s market or a seller’s market right now?

Over the past few years, homebuyers have faced a challenging environment. In December 2020, mortgage rates reached an unprecedented low, sparking a buying frenzy and intensifying competition in the market. Buyers were compelled to make aggressive offers, bidding over the asking price and waiving contingencies, all in an effort to distinguish themselves from other potential buyers. During this period, real estate agents recounted stories of the average house receiving 10 or more offers. These conditions clearly established a seller’s market.

Undoubtedly, the current real estate market has significantly decelerated. With mortgage rates stabilizing around the mid-6% range, home affordability has been impacted, discouraging both buyers and sellers from taking action. The stagnation is also attributed to soaring home prices. In May, the median listing price surged to $441,000, a notable increase from $430,000 in April, and experts anticipate further price hikes throughout June.

Although the current real estate market is not experiencing the unprecedented seller’s market of 2021, it cannot be classified as particularly favorable for buyers either. However, there are some promising signs on the horizon.

Sabrina Speianu, the economic data manager at Realtor.com, suggests that based on current trends, there is a possibility that home prices may not reach the peak levels seen in the previous year, which would be a noteworthy shift in the data.

Additionally, homes are now lingering on the market for a median of 43 days, which is 14 days longer than the previous year. Moreover, the number of home listings with price reductions has risen from 10.2% in May 2022 to 12.7% this year. These factors collectively indicate that, for the overall housing market in the nation, the demand for homes is lower than it was at the same time a year ago.

Experts in Residential Real Estate in Orlando

If you are BUYING or SELLING real estate it’s quiet often the single most important financial decision you make. For the last 30 years we have helped clients buying and selling property in Orlando and the surrounding areas. Put simply, this means the knowledge and expertise accumulated over this time ensures our clients get the best representation possible.

Our experienced agents will help and guide you through the entire process providing valuable support every step of the way.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

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Landlord’s Guide to Single-Family Rentals

Landlord’s Guide to Single-Family Rentals

Landlord’s Guide to Single-Family Rentals

Landlord’s Guide to Single-Family Rentals

Single-family homes usually serve as people’s main homes, but nowadays, more and more folks are turning into landlords and renting out their houses instead of selling them right away. It’s a cool way to make some passive income with a property you already own, without having to buy an extra place to rent out.

Keep on reading to learn more about single-family rentals and the awesome tools that can help you manage your rental properties like a pro!

What Is a Single-Family Home?

Single-family homes come in two types: detached homes, which stand alone without sharing walls with other residences, and attached dwellings, which are separated by ground-to-roof walls. If you own a single-family home, you typically own the entire property and the land it sits on. On the other hand, if you have a condominium (or condo), you only own the interior of your unit and share common areas with other members of the association.

Another perk of single-family homes is that they don’t share utilities with others, and the responsibility for all costs associated with the property lies solely with the homeowner.

The Pros and Cons of Single-Family Rentals

As more tenants lean towards single-family homes over traditional apartments, it’s clear why landlords find them so valuable. However, before you rent out your property to tenants, it’s essential to be aware of the pros and cons. Let’s take a look at them!

Pros of Single-Family Rentals

  • Bigger space: As rent prices continue to climb, tenants are increasingly open to trading prime location and trendy amenities for more budget-friendly options that provide ample space. Single-family homes come to the rescue here, offering more room to breathe, which can boost your chances of quickly filling vacancies, especially if you set a competitive rent price.

  • Enhanced privacy: Opting for single-family rentals grants tenants a higher level of privacy and eliminates any hassle of dealing with other tenants around.
  • Less red tape: Unlike rentals in multifamily properties that often come with additional rules beyond the landlord’s regulations, leasing a single-family home allows landlords to enjoy greater flexibility in deciding what is permissible and what isn’t.

Cons of Single-Family Rentals

  • A steeper price tag: If you don’t already own a single-family home, be prepared to pay a higher purchase price, a larger down payment, and higher closing costs compared to what you might encounter with a condo.
  • Greater financial responsibility: As a single-family home is a standalone property, the owner bears the brunt of all financial obligations. This includes covering costs such as property taxes, homeowners association (HOA) fees (if applicable), utilities, maintenance, home improvements, and more.
  • Maintenance falls solely on your shoulders: When you own a single-family home, you won’t have the luxury of on-site staff to handle tenant maintenance requests. Instead, you’ll be personally responsible for finding and hiring contractors to tackle the necessary upkeep, which may add to your operating costs.

Are Single-Family Homes a Good Rental Investment?

Single-family homes make for excellent rental investments, especially when priced fairly and competitively. It’s also a perfect option if you’re thinking of moving out of your primary residence but would rather keep the property instead of selling it.

However, as with any investment, it’s crucial to analyze the property’s profitability before committing to renting it out. Take a closer look at key factors such as the neighborhood, property taxes, average rents, and property history to determine if you can generate a profit each month. Only then should you proceed with finding tenants for your rental venture.

Are Single-Family Homes Better Investments Than Multifamily?

Absolutely, both single-family homes and multifamily properties can yield a fantastic return on investment (ROI). However, figuring out which option suits you best relies on various factors to consider.

Rental demand within the local area: The demand for rentals can vary significantly from city to city, with tenants seeking different types of accommodations. While some areas might show a higher preference for condos and apartments in multifamily properties, others may lean more towards single-family homes, such as detached houses or townhouses.

Rent pricing: Typically, you can command higher rental rates for properties in high-rise to mid-rise buildings, given the additional amenities that boost their overall value. In contrast, single-family homes often come with a more affordable price tag, making it easier to attract tenants in your area who are seeking to save on their rental expenses.

Vacancy rates: Rental demand plays a significant role in how quickly a property gets filled. Depending on the area, one type of property may take longer to find tenants than another. If you notice that single-family homes tend to take more time to fill compared to condos in multifamily properties, this is an essential factor to consider when deciding which property type to rent out.

Looking for rental services in Orlando – we can help.

We work with our Owners and tenants as individuals and never under estimate what it takes to keep you happy with your choice of Management Company.

By doing our due diligence with our clients, tenants, and vendors we create a service that exceeds expectations and generates positive referrals. Click HERE to learn more and how one of our property management professionals can help you!

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

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Closing on a House: Helpful Settlement Advice for Home Sellers

Closing on a House: Helpful Settlement Advice for Home Sellers

Closing on a House: Helpful Settlement Advice for Home Sellers

Closing on a House: Helpful Settlement Advice for Home Sellers

In order to finalize the purchase of a house, it is important to reach the settlement table. Although you are approaching the final stages of selling your home, it is not time to relax just yet. While it may be a relief to no longer worry about constantly showing your home, you still have responsibilities towards the buyer, the buyer’s agent, and the contractual agreements.

As a seller, it is crucial to understand the essential aspects of the settlement process

What contingencies impact sellers before closing on a house

Although the primary responsibility for finalizing financing and acquiring homeowners insurance lies with the buyer, there are certain contract contingencies that may also affect you as the seller, particularly if you are currently residing in the home.

Prior to the closing of a house, it is common for most transactions to involve a home inspection. As the seller, you will be required to make your home accessible to the inspector and subsequently engage in negotiations with the buyers based on any findings from the inspection, as stipulated in the terms of your contract.

In addition to the standard home inspection, certain contracts and lenders may require a termite inspection and a radon gas inspection. In such cases, it will be necessary for either you as the seller, your listing agent, or the buyer’s agent to ensure that the home is made available for these specific inspections.

Prior to the closing of a house, another crucial step is the appraisal. If the appraisal value surpasses the agreed-upon sales price, buyers can take comfort in knowing they have acquired a home below its market worth. Once the contract is signed, the seller cannot negotiate for a higher price.

However, if the appraisal value falls short of the sales price, the buyer’s lender will limit the loan amount to the lower value. In such cases, the buyer may need to provide additional funds to bridge the financing gap or request renegotiation of the contract. Your agent can offer guidance on the best course of action, but it’s important to remember that both you as the seller and the buyer are bound by the terms of the contract.

Before proceeding to settlement, it is advisable to thoroughly review the contract with your agent and ensure that you are prepared to fulfill any obligations you have made. This includes determining which items will be conveyed to the buyer and addressing any repairs or improvements that you have committed to making.

Negotiating a settlement date

Buyers and sellers usually engage in negotiations to determine a settlement date that works well for both parties. If you have sold your home but are not yet prepared to move into your new residence, there is a possibility to negotiate a “rent-back” arrangement with the buyer. This allows you to remain in the home after the settlement by paying rent to the buyer.

Typically, lenders impose a maximum rent-back period of 60 days. If you require a longer duration, it is important to discuss this with your buyer and your agent.

Alternatively, some sellers may allow the buyers to occupy the property before the settlement takes place. In either scenario, it is crucial to establish a written agreement that outlines the responsibilities of each party in the event of any damage or loss to the house or its contents during the transition period.

Settlement services

The decision regarding the party responsible for providing settlement services, also known as closing or escrow services, can vary between different markets. In many locations, the buyer is the one who selects the settlement company, while in other places, it is the seller’s choice. During the closing process of a house, the buyer will provide the necessary funds to purchase your home, and the settlement agent will review the sales agreement to determine the payments you will receive. The title to the property is then transferred to the buyers, and arrangements are made to officially record this transfer of ownership with the appropriate local records office.

During a typical closing, adjustments are made to ensure the final amounts owed by the buyer and the seller are accurate. For instance, if you have been making property tax payments through an escrow account, you may receive additional credit for prepaid taxes. Conversely, if the property taxes have not been paid correctly, you may receive a reduced amount at settlement.

Once the necessary settlement documents are signed and the house keys are exchanged, you are officially liberated to transition to your next home.

Experts in Residential Real Estate in Orlando

If you are BUYING or SELLING real estate it’s quiet often the single most important financial decision you make. For the last 30 years we have helped clients buying and selling property in Orlando and the surrounding areas. Put simply, this means the knowledge and expertise accumulated over this time ensures our clients get the best representation possible.

Our experienced agents will help and guide you through the entire process providing valuable support every step of the way.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

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Benefits of Using a Property Management Company?

Benefits of Using a Property Management Company?

Benefits of Using a Property Management Company?

Benefits of Using a Property Management Company

When it comes to your investment, having a competent property manager can make a world of difference. Seasoned real estate investors swear by the fact that a good management company is worth its weight in gold. So, let’s dive into a few ways a top-notch property manager earns their keep:

Higher Quality Tenants

Imagine tenant screening as the protective moat and drawbridge surrounding your fortress. While it can be a headache to remove a troublesome tenant once they’ve settled in, it’s far easier and more beneficial to avoid accepting them altogether. By conducting a comprehensive screening process, you ensure that your tenants are dependable and:

  • Pay on time
  • Rent longer
  • Put less wear and tear on the unit
  • Generally cause less problems

A seasoned property management company has encountered countless applications and mastered the art of swiftly uncovering crucial details about candidates. They possess the expertise to analyze this information and identify any red flags. Entrusting the screening process to a management company not only saves you from rental scams targeted at property owners but also protects you against potential discrimination lawsuits arising from an inconsistent screening approach. This invaluable experience, which helps you steer clear of undesirable tenants, scams, and legal entanglements, is undeniably one of the most substantial advantages a property management company brings to the table.

Fewer costly and time consuming legal problems

Experienced landlords understand that a single problematic tenant can lead to substantial legal and financial complications. A reliable property manager possesses up-to-date knowledge of the latest landlord-tenant laws and takes proactive measures to safeguard you from potential lawsuits. It’s important to note that each state and municipality has its own set of laws, in addition to federal regulations, which encompass various aspects including, but not limited to:

  • Tenant screening
  • Safety and property conditions of the property
  • Evictions
  • Inspections
  • Lease addendums
  • Terminating leases
  • Handling security deposits
  • Rent collection

By evading just one lawsuit, you can easily offset the cost of property management fees and save yourself valuable time and unnecessary distress.

Shorter vacancy cycles

A property manager plays a vital role in accomplishing three essential tasks that directly impact the speed at which your vacancies are filled:

  • Enhance and get the property ready for renting – With the expertise of a property manager, you can receive valuable recommendations and effective supervision for cosmetic enhancements that optimize your rental income.

  • Set the ideal rental rate – Setting the rent at the right level is crucial; too high leads to prolonged vacancies, while too low means losing money each month a tenant occupies the unit. Determining the optimal price necessitates a deep understanding of the local market, analysis of recently sold comparable properties, and access to reliable rental rate tools.
  • Efficiently promote your property – A proficient property management company has crafted numerous compelling advertisements and possesses the knowledge of what to say and where to advertise, ensuring a larger pool of potential candidates within a shorter timeframe. Moreover, due to their extensive volume, they can often secure more cost-effective advertising rates both online and offline. Additionally, they are well-versed in sales tactics and excel at closing deals during phone inquiries and property showings.

Better tenant retention

While the impact of lost rent is apparent, a high tenant turnover rate comes with equally significant challenges. The turnover process entails extensive cleaning, lock changes, wall painting, and potentially even new carpets or minor repairs. Additionally, there’s a considerable amount of effort involved in marketing the property, conducting showings, screening new tenants, and facilitating their smooth transition. This entire process is both time-consuming and costly, but it can often be prevented by prioritizing tenant satisfaction and providing excellent care.

A reputable property management company implements a proven tenant retention policy that fosters tenant satisfaction and encourages long-term stays in your properties. Such programs rely on a consistent and systematic approach, which is precisely where a reliable property management company excels.

Tighter rent collection process

Effectively managing rent collection and late payments can make or break your success as a landlord. Ensuring timely rent collection is crucial for maintaining a steady cash flow, and it’s essential for your tenants to recognize that this is non-negotiable. By enlisting the services of a property manager, you create a protective barrier between yourself and the tenant. They handle the challenging aspects of dealing with excuses, pursuing rent payments, and, if necessary, initiating eviction proceedings, sparing you from these unpleasant tasks.

If given the opportunity, tenants can take advantage of you as a landlord. It’s crucial to establish clear expectations and ensure they understand the consequences of not adhering to the lease agreement. Property managers possess an advantage in this regard because tenants perceive them as individuals who are simply carrying out their job duties and are bound to enforce the terms of the lease. In fact, many property managers will attest that managing units for others is often easier than managing their own, precisely for this reason.

When it comes to evictions, the eviction process is governed by stringent laws. Mishandling or attempting to evict a “professional tenant” can lead to a significant disaster. However, a reliable property management firm is well-versed in the legal requirements and possesses an effective process to achieve the best possible outcome based on the circumstances. The prospect of never having to deal with another eviction can be a compelling reason to seriously consider hiring a property management company.

Assistance with taxes

Enlisting the services of a property management company not only aids in identifying eligible deductions but also assists in organizing the required forms and documentation for those claims. Furthermore, it’s worth noting that the property management fees themselves are tax deductible, providing an additional benefit in terms of tax savings.

Lower maintenance and repair costs

Maintaining good upkeep and promptly addressing repairs not only ensures tenant satisfaction but also preserves the value of your investment, making it a crucial aspect of property management. By engaging a management firm, you gain access to their dedicated in-house maintenance staff as well as a network of licensed, bonded, and insured contractors who have already undergone thorough vetting for competitive pricing and quality work. This can result in substantial cost savings compared to independently searching for service providers through directories. The management firm benefits from volume discounts and possesses familiarity with the contractors, enabling them to intelligently supervise the work and address maintenance issues effectively.

Increase the value of the investment

Preventive maintenance involves implementing systems that proactively identify and address maintenance and repair issues at an early stage, before they escalate into more expensive problems. This entails establishing a written maintenance check program, maintaining detailed documentation of maintenance tasks, and conducting regular maintenance visits. Additionally, a management firm can provide valuable recommendations and insights regarding upgrades and modifications, including their impact on rental potential, maintenance requirements, and insurance considerations.

Personal benefits for owners

  • Experience reduced stress – Say goodbye to handling late-night emergencies, pursuing rent payments, carrying out evictions, dealing with tenants who cause damage, encountering rental scams, managing unreliable vendors, and drowning in paperwork. By enlisting the assistance of a property management company, you can alleviate these burdens and enjoy a more relaxed landlord experience.
  • Gain increased freedom – Embrace the freedom to reside and invest in any location of your choice, without being tied down to the proximity of your properties. Moreover, you can live and travel without the constant obligation of being readily available for your tenants’ needs. Once you have secured the services of a reliable management company, it becomes irrelevant whether you reside in the same state. In fact, some landlords reside in different countries and effortlessly collect their monthly rental income without ever setting eyes on the property.

  • Reclaim your time – Time is a valuable resource, and for many investors, their time can be more effectively utilized in areas other than tending to property management tasks. By prioritizing asset management, you shift your focus to working on the growth of your business, rather than being consumed by the day-to-day operations. Moreover, freeing up your time allows for more quality moments spent with loved ones, engaging in activities that bring you joy and fulfillment.

A final thought

Certainly, this ideal scenario assumes that the management company you choose is competent, trustworthy, and well-suited for your property. It’s important to note that making a poor choice in selecting a management company can lead to a host of headaches and challenges of its own. Therefore, thorough consideration and careful evaluation are crucial when deciding on the right management company for your property.

Looking for rental services in Orlando – we can help.

We work with our Owners and tenants as individuals and never under estimate what it takes to keep you happy with your choice of Management Company.

By doing our due diligence with our clients, tenants, and vendors we create a service that exceeds expectations and generates positive referrals. Click HERE to learn more and how one of our property management professionals can help you!

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

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Avoid DIY disasters that ruin the first impression for buyers.

Avoid DIY disasters that ruin the first impression for buyers.

Avoid DIY disasters that ruin the first impression for buyers.

Avoid DIY disasters that ruin the first impression for buyers.

When you’re checking out a home for sale, it’s not just about the curb appeal, my friend. Sellers usually spruce things up before putting their house on the market, like giving those cabinets a fresh coat of paint and swapping out the hardware.

But hey, here’s the deal: if the job isn’t done right, you bet buyers are gonna notice the shoddy workmanship. In fact, some buyers might completely lose interest in the house if the renovations are a hot mess.

So, hang tight and let’s spill the tea on the most common DIY projects that home sellers tackle—and how they can totally botch ’em up.

1. Altering garage space to add square footage

Extra square footage is usually a hit with potential buyers, but there’s a catch: it has to flow naturally and seamlessly with the rest of the house. That awkwardly converted space can be a deal breaker for many.

I recently had a client who encountered this issue. The homeowner had enclosed the carport, put carpet over the cement garage floor, and turned it into a game room. But guess what? The buyer took one look at it and didn’t even bother checking out the rest of the house. Talk about a turn-off, right?

Converting a garage into living space may give you more room inside, but it comes at the cost of losing valuable storage and parking space. And in this case, it even messed up the curb appeal because instead of a garage door, there was just a wall at the end of the driveway. Not exactly the ideal first impression.

2. Doors that don’t open right

We all understand that a stunning front door can instantly boost the curb appeal of a house. However, if that door sticks or requires some fancy handle maneuvering just to enter, all that appeal goes down the drain. And guess what? The same goes for interior doors too. If you’ve invested in upgraded doors for your home but they aren’t properly installed, they’ll quickly lose their “wow” factor.

A door that swings the wrong way or doesn’t give enough clearance to the sink, toilet, or cabinetry is a dead giveaway that a licensed professional wasn’t involved in the process. It’s all about the details, my friend, and a well-hung door can make a significant difference in the overall impression of your home.

3. Haphazardly placed hardware

If your kitchen cabinets are still in top-notch condition but could use a hardware upgrade, pay close attention to how you position those new knobs, pulls, and handles.

Believe it or not, even seemingly minor details like backward or upside-down hardware don’t escape the eagle-eyed gaze of buyers. These little blunders can be a major turnoff for potential buyers who are looking for a move-in ready property. Let’s face it, nobody wants to deal with fixing someone else’s sloppy work when they’re looking for their dream home.

4. Crown molding that looks anything but elegant

Crown molding has the potential to add value and elegance to a room by framing it. However, if the installation is poorly executed, it can have the opposite effect.

In a recent example, a condo underwent renovations before being listed for sale. The family room was upgraded with the addition of crown molding. Unfortunately, the craftsmanship left much to be desired, with noticeable flaws such as visible cuts and nails.

Furthermore, this lack of attention to detail extended beyond the family room to other areas of the house, including the trim work. Potential buyers quickly noticed these subpar finishes, which ultimately deterred them from considering the property. This serves as a reminder that meticulous workmanship and precision are crucial when aiming to create a positive impression on prospective buyers and maximize the chances of a successful sale.

5. Painting over imperfections on the wall

Painting is a go-to DIY project for many homeowners. It’s a cost-effective way to give a room an instant refresh, but there’s a catch—it has to be done right.

Simply rolling a fresh coat of paint over surfaces that haven’t been properly prepared won’t hide imperfections like cracks, gaps, or chipped paint. These flaws will show through the new color, completely defeating the purpose of impressing potential buyers with freshly painted rooms. The key here is to properly prep the walls before painting to ensure a smooth and flawless finish that will make a positive impact on buyers.

6. Botched mortar jobs

Uh-oh! Your open house is just around the corner, and guess what? You’ve just spotted cracks in the mortar between the bricks next to your front door. While you might be tempted to make a quick hardware store run for some mortar filler and tackle the job yourself, here’s the deal—you’ll need more than just a caulk gun to handle those gaps properly.

The real issue arises when old mortar isn’t removed and new mortar is simply applied on top. That shoddy DIY approach can seriously harm the overall aesthetic of your house, making a terrible first impression on potential buyers. It’s crucial to take the necessary steps to address the issue professionally and ensure that your home leaves a positive lasting impression on buyers.

7. New vanity, old faucet

Having an updated bathroom can greatly attract buyers, and one of the key elements that can transform its appearance is a new vanity. It has the power to change the overall aesthetics from old and grimy to fresh and modern—unless you’ve only done half of the job.

According to Melanie Everett,  founder of Melanie Everett and Company, a stylish and contemporary vanity loses its impact when buyers notice that you didn’t replace the outdated, calcium-corroded faucet. It simply doesn’t make sense. Moreover, it’s worth noting that you can easily find trendy faucets for under $100.

Consistency is key when making small tweaks to your bathroom. It’s essential to ensure that all the elements work together harmoniously. So, if you’re going for a new vanity, it’s wise to make sure that the faucet matches the desired aesthetic. Don’t overlook these details that can make a significant difference in attracting buyers and creating a cohesive bathroom design.

8. Painting worn-out kitchen cabinets

It’s common knowledge that an outdated kitchen can be a deal breaker for many potential homebuyers. However, if you haven’t had the chance to replace your worn-out cabinets, you might think that a fresh coat of glossy white paint can make them look new for the listing photos, right? Well, not quite.

Trying to fool buyers with the appearance of the cabinets in listing photos won’t work when they visit the property in person. While the light color may initially attract buyers to request a show

It’s important to be upfront about the condition of your kitchen cabinets. While a coat of paint can help freshen them up, if they are in poor shape, it’s best to address the underlying issues or consider a more comprehensive renovation. Being transparent with potential buyers will save both parties from disappointment and ensure a fair assessment of the property’s value.

Experts in Residential Real Estate in Orlando

If you are BUYING or SELLING real estate it’s quiet often the single most important financial decision you make. For the last 30 years we have helped clients buying and selling property in Orlando and the surrounding areas. Put simply, this means the knowledge and expertise accumulated over this time ensures our clients get the best representation possible.

Our experienced agents will help and guide you through the entire process providing valuable support every step of the way.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

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