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How To Set The Best Price For Your Home

 

Setting the right price for your home right off the bat is important. The right price can quickly attract buyers, while the wrong price can leave your home sitting on the market. The best way to go about setting the price for your home is to hire a Waltham Real Estate AgentWaltham Realtors can assess your home, compare it to others, and then come up with a fair price they think people will flock to. However, if you’re looking to understand on your own how much your home is worth, here are some ways to assess. 

Do Pricing Research

You can start your pricing research on websites that have a pricing calculator. You will plug in your home’s address and it will give you an estimate of what your home might be worth. These calculators are based on the square footage of your home and the real estate data they have collected. Since those estimates are based on more general factors, they aren’t always the most accurate, however, they can still give you a base to start. 

Know Your Neighborhood Selling History

Another way to accurately determine your selling price is to find out what similar homes in your neighborhood sold for. Look for homes that have the similar square footage, number of bedrooms, number of bathrooms, outdoor amenities, etc. 

When working with a Waltham Realtor, they will be able to take this a step further by looking at their database to see what these homes were originally listed for and then what they were officially sold for. This helps them to see why some homes might have sold for less than they were listed for. Your Waltham Realtor can assess why price reductions were made and base your home’s estimate on those factors. 

Assess the Competition

In addition to researching recently sold homes, you and your Waltham Real Estate Agent can also look at other properties that are currently for sale in your area. These listings are your competition. Because some listings don’t have the best photos or information, your Waltham Realtor can go take a look at the competition and see how your home might be better for buyers. 

Understand The Current Market

Understanding the housing market where you live can be a big factor in how you price your home. If you’re in a seller’s market, that means there are more buyers looking than homes on the market. In this case, you could price your home slightly higher than market value knowing that buyers are desperate and are likely to pay more for your home. On the contrary, if you’re in a buyers' market, where buyers have the advantage, you might want to price your home a little below market value to get buyers more interested. 

You can find what type of market your area is in online, or, ask your Waltham Real Estate Agent and they’ll give you some insight into the current market!

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    7 Benefits of Homeownership

     

    Owning a home is a big move that requires some expensive upfront costs, however, there are many long-term benefits that come with homeownership. Some of these benefits include being able to build equity, having a place to call home, tax deductions, etc. Continue reading for more insight into the benefits of homeownership and how a Waltham Realtor can assist you in your home search! 

    1. More Stable Housing Costs

    As mentioned above, buying a home does come with a handful of upfront costs including closing and payment costs, ongoing maintenance costs, etc. But once those costs are taken care of, your monthly mortgage payments will stay relatively the same from month to month. Meanwhile, renters sometimes run into the problem of having rent increases each year. This either requires them to start paying more or begin looking for a new place to live, which are both pretty inconvenient. By becoming a Waltham homeowner, you can assure you won’t run into these same inconveniences! 

    2. Opportunity to Build Equity

    Your home equity is the portion of your home that you actually own yourself. For example, if your home is valued at $350,000, and you owe $150,000 to the lender, you have $200,000 in equity. By paying your mortgage each month towards your home, you are adding to your equity and lessening the amount you owe on the home. Eventually, once your mortgage is paid you will 100% own the home and have all $350,000 in equity. Renters, on the other hand, won’t get back any money they spent on rent. If you’re looking for more information about building equity, your Waltham Real Estate Agent will be able to assist you! 

    3. Tax Benefits 

    Another reason Waltham Realtors suggest purchasing a home instead of renting is that you also will get tax benefits. As a Waltham homeowner, you may be able to qualify for a tax deduction which means more money back in your tax return! These tax deductions can come from home improvement costs, insurance payments, whether you’re a first-time homebuyer, claims on the home, etc. 

    Talk to your Waltham Real Estate Agent to see what other areas may qualify you for a tax deduction!

    4. Enjoying a Permanent Residence 

    Everyone can probably agree that moving from house to house or apartment to apartment can be quite stressful, costly, and inconvenient. However, by making the jump and owning a Waltham home, you’ll provide yourself and your family with a permanent residence. Even if this home won’t be your forever home, you won’t have to worry about what you’ll do or where you’ll live once your lease is up. 

    5. Build a Strong Credit Score

    Waltham Real Estate Agents say one of the best ways to build credit is to own a home. As long as you are consistently paying your mortgage on time each month, your credit score will continue to increase. 

    6.  Free To Customize & Design

    When you own a home, you’re free to customize and design the home to your liking. Many renters have rules they have to follow such as not being able to paint or make any changes to the appearance of the place. When you own your Waltham home, you can do anything you want to your home without needing anyone else’s approval. Want to add a pool, patio, new countertops, new flooring, etc.? The house is yours to customize and design

    7. You’ll Have More Privacy

    One of the greatest benefits of owning a home is the privacy it gives you. If you’re renting in an apartment, you are living so close to others that it can almost feel like you have no privacy or you find yourself constantly hearing their footsteps and voices. Owning your own home gives you the space and privacy to truly feel comfortable at all hours of the day.

    Purchase A Home With A Waltham Realtor 

    Ready to reap all the benefits of owning a home? Work with a Waltham Real Estate Agent to find your dream home! We have the experience and knowledge to help you find the perfect home for you and your family. Give Waltham Real Estate Agent, Hans Brings, a call today to start your home search! 617-968-0022

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      What To Know If You're Selling Your Home in 2022

      It’s 2022 and the real estate market is busy! The pandemic has caused many people to rethink their lifestyles and living situations. People have also found that many jobs can be done remotely, which allows people to be able to live further away from work. All of these factors affect real estate sales, so if you’re planning on selling your home in 2022, here are some things to keep in mind. 


      1. Find a Good Waltham Real Estate Agent To Market Your Home

      A lot of home searching is done online nowadays, so having a phenomenal Waltham Realtor to market your home is important. Your Waltham Real Estate Agent will get your home seen by many, deal with inquiries, and basically manage the whole selling process for you. Your Waltham Realtor will also accompany potential buyers during showings which can really help sell your home. 

       

      2. Prices Are Rising, But There’s a Catch

      If you’re selling your home in 2022, the good news is that real estate prices are rising, and there is more demand for homes with more space. You’ll likely get a decent amount more than what you paid when your first bought the home.

      The downside is that if you’re buying a new home you might not be able to afford the new prices that homes are selling for in this market. Hopefully, the extra money you get on your sale can help you buy your new home! 

      All of this is why it’s important to budget and think things through beforehand so you can decide if it's the right time for you to sell or not. Your Waltham Realtor will be able to help you budget and see what you’re working with. 
       

      3. Be Prepared for a Quick Sale

      Since so many are looking for new homes right now, when you put your home on the market, it will probably sell faster than you think. Therefore, work with your Waltham Realtor to plan for what you will do if you end up getting a quick sale. You’ll need to make sure that all your documents are up to date so that the selling process is not delayed. 

      You should also think about possibly putting your belongings in storage, renting a property, and starting your new home search. The last thing you’ll want is to not accept an offer on your home because you are not yet ready to move.

       

      4. People Want Space

      As mentioned above, since the pandemic, people are mostly looking for homes with more space. When selling your home, it’s important that you declutter so that it can look more spacious and potential buyers can see all the space your home has to offer. If it’s necessary, you can put some of your belongings in storage to make your home clutter-free. 

       

      Contact A Waltham Real Estate Agent 


      Waltham Realtors know exactly what buyers are looking for in 2022. Therefore, working with a Waltham Real Estate Agent is key! Let us guide you through the home selling process so that we can assist you in getting the best possible offer on your home. For more information, contact Hans Brings today at 617-968-0022

       

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        3 Things To Know Before Buying Your First Condo

        buying a condo

         

        Buying your first Waltham home is an exciting experience! It’s also a very memorable moment in your life, so you’ll want the process to go well. A lot of people, mostly around the cities, choose to buy a condo as their first home. Here are the 4 most important things to know before buying your first condo in Waltham. Keep these things in mind so that you’ll make an awesome purchase and the buying process will go smoothly!


        1. Understand How Condos Work

        Before buying a condo, you should really understand how they work. The main difference between an apartment and a condo is in who owns it. Apartments are usually owned by a company, which makes them only rentable, and condos are usually owned by individuals. So this gives people an awesome opportunity to buy Waltham condos! However, when buying a condo you need to be aware that while you might own it, it is managed by the HOA.

         

        What is an HOA?

        HOA stands for “Home Owners Association.” The HOA manages the condos and their communal areas. So, while you might own the unit, you’ll still have to follow the HOA laws and regulations. Become familiar with the laws and regulations of the condos that you are interested in buying so that you know exactly what you are signing up for. A Waltham Realtor can help you with this! 

         

        Condos Have Extra Fees 

        Apart from paying your mortgage on the condo, you’ll need to consider additional condo fees. Since the HOA manages the communal spaces of your condo, there will be management fees to pay. These fees will pay for insurance, maintenance and repair costs, landscaping, building utilities, and other shared expenses. So, work with your Waltham Real Estate Agent to see how much these fees are each month and if it fits into your budget!

         

        Condos Have Amenities 

        Buying a condo is great if you’re looking for extra amenities. Some Waltham condos include gyms, a park, or even a pool and roof deck. However, all the amenities will affect how much the monthly HOA fees are. If you use the amenities, you’re getting them for an awesome deal! However, if you are not one to use the extra amenities you will be paying for things that you do not use. So before investing in your first home, you should be very sure about what you’re looking for in a condo and how much extra you’re willing to pay. 

         

        2. Check Out the Property

        Once you have narrowed down your options to a few units, you should do a thorough examination of the condos. By examining them all you should be able to find the perfect choice for you! Things you should examine are:

        • Is it worth the price? 

        • Maintenance costs 
        • Is there parking?
        • Is the building older or newer?
        • Is there building security?

         

        These are a few great things to check out about each condo. Also, by working with a Waltham Real Estate Agent, they can help come up with other questions and things to examine so that you definitely choose the perfect condo. 

         

         3. Make Sure There’s Enough Space

        Since condos are obviously smaller than a home, you should consider the amount of space it has. Does it have closet space? Storage in the basement? Consider how much space you need and see if it’s right for you. 

        However, keep in mind how important space is to you. If you were to choose a condo with less space, this could be a great opportunity to really declutter your belongings. You could also find a storage unit in the area to hold some of your things. So while space might be a make or break for some people, consider that there are other options for your belongings too. 

         

        Work With A Waltham Real Estate Agent

        When buying a home, especially your first, it’s always beneficial to work with a Waltham Real Estate Agent. Your Waltham Realtor will be able to walk you through the process as well as help you make the best decision when it comes to buying a condo or any other property. Reach out to Waltham Realtor, Hans Brings, today! 617-968-0022

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          6 Reasons Why ‘For Sale By Owner' Fails

           

          People who wish to save money on listing agent fees often choose to sell for sale by owner or “FSBO”. While this could help sellers save money, there are definitely some downsides to listing FSBO. 

          There have been studies done that show only about 11% of sellers actually succeed in FSBO. You’re probably wondering why there are so many FSBO fails. Well, while selling your home yourself might seem simple, there is a lot more that goes into the home selling process than you think. Continue ready to learn 5 reasons why FSBO fails and why it’s a good idea to call a Waltham Real Estate Agent to assist you in your home selling process!

           

          1. Failure to prepare home properly for sale 

          There’s a ton of work that goes into preparing a home to sell and this is where a lot of FSBO sellers fall short. When selling a home it’s important to declutter, clean everything, make repairs, replace outdated features, improve curb appeal, etc. As a seller, you want your home to look perfect for potential buyers. When working with a Waltham Realtor they’ll be able to walk through your home and point out everything that needs to be cleaned or improved so that you have the best chance at making a sale. 

           

          2. Home is incorrectly priced

          Pricing a home correctly is something that many FSBO sellers get wrong. In order to list your home at the correct price, you must thoroughly understand the housing market and most FSBO sellers don’t. By hiring an experienced Waltham Real Estate Agent you’ll be able to price your home correctly right off the bat and increase your chances of selling your home more quickly, and possibly for even more. 

           

          3.  Don’t know how to screen buyers

          Learning how to screen potential buyers is a skill that even takes Waltham Realtors some time to learn. When screening potential buyers it’s important to have a list of questions prepared to ask. These questions will help you learn about the buyers and learn whether they are qualified to buy a home. By working with a Waltham Real Estate Agent you won’t have to worry about asking all the right questions because we’ll take care of that for you! 

           

          4. Lack of marketing knowledge

          Marketing is extremely important when it comes to selling a home. I mean, how else will potential buyers know about your home? Many FSBO sellers don’t know where to start when it comes to marketing. While adding your home to a listing site is a good start, there is still a ton more that needs to be done. Also, there are some listing sites that don’t even allow FSBO sellers to list. Waltham Realtors have the experience and best marketing tools to successfully market your home. 

           

          5. Not always available for inquiries 

          FSBO sellers don’t always realize how much work goes into the home selling process. A big chunk of the work includes always being available to handle inquiries from potential buyers. Most FSBO sellers have full-time jobs so it’s hard for them to always be available. 

          In real estate, it’s crucial to be timely with your responses to potential buyers. If you aren’t quick to respond, there’s a chance they move on to the next property and you lose the potential sale. By working with a Waltham Realtor, you’ll have someone always available to answer inquiries from potential buyers. 

           

          6. Don’t know how to negotiate

          Almost all home sales involve some sort of negotiation. An FSBO seller might not realize that not only will you have to negotiate the price of the home but there are also a lot of other factors that may need negotiation. If you don’t know how to properly negotiate, you might end up agreeing to things you shouldn’t be agreeing to. Waltham Real Estate Agents are trained thoroughly on how to properly negotiate.

           

          Work with a Waltham Real Estate Agent 

          As you can see from reading above, selling a home comes with a lot of work. Instead of trying to sell FSBO, work with an experienced Waltham Realtor like Hans Brings! Not only will Hans make sure everything is in place for your sale, but he will also work to get the best possible price for your home. Contact Hans today! 617-968-0022

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            Should I Be Present During Showings at My Home?

             

            Showing your home to potential buyers is an essential part of the home selling process. While you might want to stay home and observe the showings, leaving while potential buyers are there is usually the best idea. Since finding the perfect buyers for any home can be a difficult task, you don’t want to risk negatively impacting the sale. 

            With that being said, keep reading to learn all the positive benefits that come with staying out of your home during a showing! 

             

            Allows the Potential Buyers to Talk Freely About Your Home

            Potential buyers often feel more comfortable openly discussing your home if you are not there. They will be able to easily ask your Waltham Real Estate Agent all the questions they have and be able to honestly explain how they feel about the home. Whether they fall in love with your home or not, the comfort they’ll feel from a more private showing will enhance their experience. Sometimes, this could even result in them placing an offer right away! 

             

            Avoids You Possibly Saying Too Much

            Most homeowners usually feel very prideful about their homes, as they should! You might think it’s best for you to be at an open house or showing because you know how to talk about your home the best. However, it’s possible to sometimes say too much. Leaving all the talking to your Waltham Realtor is the best way to make sure your potential buyers feel heard and understood. 

            If you do plan on being home during a showing, try to be discrete, and like mentioned above, let your Waltham Realtor do all the talking. If potential buyers ask you directly a specific question about living there, that’s when it’s usually OK to give your perspective. 

             

            Boosts Your Chance of Selling Your Home

            By not being present while potential buyers visit your home, you can increase the chances of them wanting to make an offer. Again, the privacy they have makes it more likely for them to ask questions, negotiate terms, and talk about other scenarios with your Waltham Real Estate Agent

            Since Waltham Realtors have a lot of experience, they say that potential buyers often feel uncomfortable and aren’t completely authentic with their opinions when touring the home if the seller is present. 


            Allows You To Be Stress-Free

            If you are present during a showing or an open house it might cause you to feel stressed! You’ll start wondering what everyone is thinking and if they like your home. You might also start second-guessing how you set up the home. By staying away from your home during these times you can avoid unnecessary stress and overthinking. 

             

            Contact a Waltham Real Estate Agent

            By working with a Waltham Realtor, you won’t have to worry about being at your home during showings because you’ll feel confident that they have everything under control! Waltham Realtor, Hans Brings, has years of experience and knows how to sell homes while also getting you the best price possible. Hans is committed to his clients. Give Hans a call today to discuss any of your Waltham home selling needs. 617-968-0022

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              Common Fears of Homeownership & How to Overcome Them

              For many people, all of the responsibilities that come with homeownership can be scary and intimidating. From the stress of finding the perfect home and figuring out all your finances, to closing and then dealing with all the responsibilities that come after the close, there is a lot to consider. While it may seem like an overwhelming and scary process, it doesn’t have to be! Follow the tips below from a Waltham Real Estate Agent to put your mind at ease about being a homeowner! 

              Financials

              Buying a home is definitely a huge financial investment. For most people, buying a home will put you in a decent amount of debt. If you’re a first-time homebuyer, you probably either just finished paying off your student loans or are still working to pay them off. Because of this, it’s understandable that people are worried about making a big financial move, like buying a house. This is why most millennials are still renting instead of buying. However, this doesn’t have to be the case! Waltham Realtors suggest working with a financial advisor to help see and understand all of your financial options. 

              Credit Score

              Your credit score does play a big role in what type of mortgage loan you’ll be approved for. Most mortgage loans will require a score of at least 620. However, there are other types of mortgage loans that will be flexible with lower credit scores. If you’re looking to boost your credit score focus on these tips from a Waltham Real Estate Agent:
               

              • Practice good financial habits
              • Pay all your bills on time
              • Keep your credit balance low
              • Limit the number of credit cards you have/how often you apply for a new one. 

              By following these tips, you’ll be able to boost your credit score and put your mind at ease about applying for a mortgage!

              Not Budgeting Enough For All the Extra Fees

              When buying a home, there’s definitely a lot of fees that come with it. It’s important to be aware of all the extra fees at the beginning of the process so that there are no surprises. Some of these fees include closing costs, property taxes, down payments, etc. They certainly add up. 

              The best way to make sure you’re budgeting correctly for all these fees is to sit down with a Waltham Real Estate Agent and discuss the fees upfront. It’s important to be aware of everything you’ll be expected to pay. You can eliminate this stress by setting aside the money for the fees right away when starting the search for your new home. 

              You’ll Get Outbid

              Finding your dream home that accommodates all your needs can definitely be a challenge. Plus, what if you finally find your dream home, and then all of a sudden you get outbid?! This is a very real fear to have. The best way to go about this fear is to once again work closely with your Waltham Real Estate Agent. A Waltham Realtor will be able to help you put together the perfect offer to get your dream home before others swoop in. Your Waltham Real Estate Agent will also take care of all the paperwork, negotiating, etc. so you won’t have to worry about any of that stuff.

              Contact A Waltham Realtor

              Let a Waltham Real Estate Agent help you overcome these fears! If you’re ready to buy your first Waltham homecontact Hans Brings. Hans has years of experience getting his clients their dream homes for fair prices. Give Hans a call today! 617-968-0022

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                Commonly Asked Questions About Mortgage Approval

                 

                Getting a mortgage loan is the first step for Waltham first-time home buyers. Obtaining a mortgage can be an intimidating process. However, with a little knowledge about the process, you’ll know exactly what to expect and how to go about it. With that in mind, a Waltham Real Estate Agent has answered 6 of the most commonly asked questions about mortgage approval! 

                1. Do I need great credit to get a mortgage?

                In order to get a mortgage loan, you don’t necessarily need amazing credit, however, it does help. It’s possible to get a conventional mortgage loan for your Waltham Real Estate with a credit score as low as 620. There are also some mortgage options if your credit score is even lower than that. However, the one thing to keep in mind is that the lower your credit score, the higher your interest rate will be. 
                 

                2.  What documentation do I need to get a mortgage? 

                The documentation that you’ll need to obtain a mortgage will vary from buyer to buyer. However, for the most part the required documentation will be fairly similar for most people. The main documentation that is required for a mortgage loan is a social security card, a month of pay stubs, and 2 years of w-2 statements. 

                Other documents that may be requested by a mortgage lender includes:
                 

                • Bank statements
                • Asset statements
                • Driver's license

                 

                3. What is the difference between a pre-qualification & a pre-approval?

                A mistake that home buyers often make is not getting pre-approved. Many home buyers think that pre-qualified is the same as pre-approved, however, that is definitely not the case. 

                A pre-qualified mortgage is essentially an estimation of how much the Waltham home buyer may be able to borrow. It is not yet approved by the lender. A pre-approved mortgage is essentially a written commitment for a buyer from the lender, that is indeed approved. 

                A pre-approval is what every Waltham home buyer should have before looking at homes. It’s important to have a pre-approved mortgage loan as it can help buyers beat out the competition and give peace of mind to the seller.
                 

                4. What type of mortgage is best for me?

                One of the most frequently asked questions Waltham Realtors get regarding mortgages is what type of mortgage is best. There are many different types of mortgages available, so it’s important to know which type is best for you. 4 of the most popular mortgages are:
                 

                • FHA Mortgages
                • Conventional Mortgages
                • VA Mortgages
                • USDA Mortgage

                When working with your Waltham Real Estate Agent, ask them which type might be best for you. Waltham Realtors will be able to easily help you with this decision and point you towards the mortgage path to success! 
                 

                5. How long does it take to get a mortgage?

                The amount of time it takes for a mortgage to get approved and financed will be different for each lender. When searching for mortgage lenders, it’s important to have a ballpark idea of how long each lender takes to close their loans. A top lender should be able to get the loan approved and financed within 30-45 days. 

                However, it’s important to understand that certain factors can delay the approval process. During the process, make sure to keep in touch often with your lender and make sure you get requested documents to them as quickly as possible. If the buyer is not on top of things, that could surely delay the process. 
                 

                6. Should I get a 15-year or 30-year loan?

                The answer to this question, it depends on how much you’re willing to stretch your budget. If you can afford a higher monthly payment, a 15-year mortgage will usually come with a better interest rate. With a 15-year mortgage, you will pay off your home quicker and also save a ton of money on interest. With a 30-year mortgage, your monthly costs will be less. This will allow you to maybe buy a nicer or bigger home. 

                Contact A Waltham Realtor 


                We know obtaining a mortgage can be a difficult process, which is why we’re here to help! Contact Waltham Real Estate Agent, Hans Brings today for all questions you might have about mortgage financing or Waltham Real Estate. Give Hans a call today at 617-968-0022

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                  Benefits of Selling Your Waltham Home During the Holiday Season

                   

                  Some people don’t think the holiday season is a great time to sell a home, however, there are actually a handful of benefits that come with selling your home during this time. By selling your home during the cold, holiday months you might actually get more opportunities than you would selling during other times of the year. 

                  Here are 4 benefits of selling your Waltham home during the holiday season! 


                  1. Less Competition

                  Waltham Realtors say that most people put their homes on the market during the spring and summer months. This is because the weather is nice, the days are longer, and people usually want to move during this time. So, if you choose to put your home on the market during the winter months instead, there is far less competition between you and other sellers. This gives your home the opportunity to be a big fish in a small pond, which will get your home more attention. 


                  2. Motivated Buyers & Faster Sales

                  Due to low inventory, Waltham Realtors say that buyers are usually extra motivated during the winter months. The low inventory urges them to act fast on homes they love and move quickly through the process. This definitely works to the sellers’ advantage because you won’t have a list of potential buyers who are taking their sweet time making a decision. Also, since the housing industry is slower during the holiday season, loan officers are usually quicker to approve buyers. 
                   

                  3. Lower Interest Rates

                  Interest rates usually peak during the summertime, says a Waltham Real Estate  Agent. This means that interest rates are usually at their lowest during the winter months. This is a great incentive for buyers to house hunt during these months because lower interest rates = lower mortgage payments. 

                   

                  4. More Time For House Hunting

                  While the holiday season is often busy and hectic, a lot of people have breaks from work and school. This gives buyers more time to house hunt and view your home beyond “usual” viewing times. Instead of waiting for the weekends or after work to show your home, you can set up showings during the week! 

                   

                  Contact a Waltham Real Estate Agent

                  If you’re ready to sell your Waltham Real Estate and don’t want to wait any longer, don’t! The holiday season is still a great time to sell your home and Waltham Realtor, Hans Brings, is ready to help. Hans Brings has years of experience assisting sellers in getting the best price possible on their homes. For more information, give Hans a call at 617-968-0022

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                    Negotiating Strategies To Get Top Dollar On Your Waltham Home

                     

                    One of the biggest financial transactions you’ll likely make in your lifetime is selling your home. The amount of money that you get for your Waltham Real Estate will depend on how well you can negotiate with the buyer. Luckily, with the help of the negotiating strategies below and a Waltham Realtor, it’s likely that you’ll get top dollar for your home! 
                     

                    1. Counter at your listing price 

                    As a seller, you probably won’t want to accept an offer that’s below your asking price. However, since buyers usually expect a back and forth negotiation, their first offer will likely be lower than your listing price. At this point, many sellers will make a counteroffer with a price that’s higher but still below their asking price because they’re afraid to lose the deal. While this strategy will help you sell your home more quickly, it’s not the way to help you get top dollar for it. 

                    Waltham Realtors suggest, instead of dropping your price, counteroffer with your listing price. If a buyer is truly interested in your home they will likely come back with a higher offer for you. By countering at your listing price you are showing the buyers that you know what your home is worth and plan on getting the price you deserve.  

                    While this strategy may turn off potential buyers, you are avoiding wasting time on buyers who are unwilling to give you the price you deserve. If anything, you can counteroffer slightly below your asking price so that you seem flexible to an extent. 

                     

                    2. Reject the offer 

                    Another strategy to help you get top dollar on your home is to simply reject the first offer. While this might be a gutsy move, it will send a message to the buyer that you’re serious about your listing price. To keep the potential buyer around, after you reject their first offer, ask them to submit a new offer. If they really love your home, they will. 

                    If you don’t counter an offer, you’re not locked into a negotiation. This means if another buyer comes along with a higher offer you can easily accept. If the first buyer knows that someone can swoop in and make a higher offer at any time, they will likely feel pressure and submit a higher offer quickly if they really want your Waltham home.  

                    Waltham Realtors say that this strategy is useful if the home has only been on the market for a short amount of time or if you have an open house scheduled! 


                    3. Attempt to create a bidding war

                    Once you have listed your home on the market, Waltham Real Estate Agents suggest scheduling an open house for a few days later. If you happen to get any offers before the open house, let them know you are holding off on reviewing offers until after the open house. Potential buyers will expect there to then be competition and might place a higher offer. 
                     

                    4. Put an expiration date on your counteroffer

                    When selling your Waltham home, there’s a chance that you could be involved in multiple negotiations at the same time. If this is the case, you must communicate with each buyer to let them know the situation at hand. Letting potential buyers know that you are talking to other potential buyers might result in higher offers. 

                     

                    Contact A Waltham Real Estate Agent



                    The biggest key to being successful in your negotiating strategies is that your home needs to be worth it. Your home must be in great condition and have something that other competing properties don’t. This will allow you to have the upper hand and be able to successfully negotiate. If you’re looking for assistance to help sell your Waltham home, contact Waltham Realtor, Hans Brings today! Hans has years of experience and will help you get top dollar on your Waltham home. 617-968-0022

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