Lauren Davis
REALTY EXECUTIVES Boston West | 508-254-0449 | [email protected]


Posted by Lauren Davis on 11/18/2020

Photo by Designecologist from Pexels

It would not be realistic to expect your home to sell immediately (though some do), but a home that has been on the market for longer than average may have some underlying issues that are preventing the sale. Learning the most common reasons that a home fails to sell, even when others are moving swiftly, can help you determine what strategy you should use to jumpstart your listing and sale. 

Your Price is Too High

A home that is priced too high for the current market will take longer to sell, simply because buyers have more options and may choose a home that is more aligned with comparable recent sales. Ideally, your home should generate some interest when listed and should come in close to fair market value. About 22% of all homes miss the mark the first time around and end up dropping the price within the first three weeks, according to the National Association of Realtors. Your real estate agent can help you find a price that ensures buyers will be interested -- and hopefully covers your needs as well. 

You're Selling It Yourself

Some buyers shy away from viewing FSBO homes; you may also have fewer resources when it comes to marketing. A real estate agent can advertise your home in places you can't and also has a steady stream of interested buyers. You can sell your home yourself, but you should know that a For Sale By Owner home may sit on the market longer than those placed with real estate agents. 

You Have Too Much Stuff

Clutter does more than just make your home look messy -- it prevents buyers from envisioning what their own furniture and decor would look like in your space. This very common issue is one of the most easily fixed; simply tuck away personal items, photos and declutter thoroughly as soon as you can. When you give prospective buyers a chance to see the home and rooms instead of your stuff, you increase the likelihood that they'll buy. 

Your Home is Unique

All the wonderful things that make your home stand out and that make it uniquely yours may not align with the rest of the neighborhood or current trends. The more different your home is, the longer it will take to find your perfect match. An indoor pool, unusual room configuration or home shape or eclectic color combinations could mean your home is on the market for a longer period of time, as you wait for the right buyer to arrive. 

The longer your home stays on the market, the more disruptive it is to your own life and schedule. If you've packed away possessions, they'll have to stay in storage, and you'll spend your time waiting for calls from agents who want to show your home. Selling quickly results in the best possible outcome for you, both financially and for your time, so discovering what factors are holding things up is essential if your home is on the market but not selling. 




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Posted by Lauren Davis on 11/11/2020

Ready to buy a condo? With help from an expert real estate agent, you can make your condo ownership dreams come true.

An expert real estate agent will go the extra mile to ensure you can purchase a top-notch condo at an unbeatable price. In addition, this real estate professional will make it easy to discover a superior condo without delay.

Ultimately, an expert real estate agent can make a world of difference during a condo search. But it is important to note that there are many factors to consider as you evaluate a real estate agentl.

Key factors that a condo buyer should consider when he or she assesses a real estate agent include:

1. Industry Experience

How many years has a real estate agent worked with condo buyers? Has a real estate agent been successful in his or her efforts to help condo buyers? And how will this housing market professional handle difficult negotiations with a condo seller? These are some of the questions to consider as you examine a real estate agent's industry experience.

When it comes to assessing a real estate agent, industry experience is key. A real estate professional who understands the ins and outs of buying a condo should have no trouble helping you purchase a superb property that matches or exceeds your expectations.

2. Communication Skills

How a real estate agent communicates with his or her clients says a lot about this professional.

If a real estate agent strives to stay in touch with clients via text, phone and email, this housing market professional likely will be able to keep a condo buyer informed at each stage of the property buying cycle.

On the other hand, a real estate agent who fails to prioritize effective communication may struggle to help a condo buyer. This housing market professional may be unavailable if a condo buyer has concerns or questions. As a result, a condo buyer is unlikely to get the support that he or she needs to make an informed property buying decision.

Meeting directly with a real estate agent can give you a better idea about his or her communication skills. If you feel comfortable with a real estate agent after a face-to-face discussion, you may want to consider moving forward with this housing market professional.

3. Client Referrals

What are previous condo buyers saying about a real estate agent? Request client referrals from a real estate agent, and you can find out how he or she has supported condo buyers in the past.

Client referrals enable you to understand what it's like to work with a real estate agent and can provide you with insights that you may struggle to obtain elsewhere. Moreover, client referrals can help you accelerate the process of choosing the right real estate agent to guide you along the condo buying journey.

For condo buyers, there is no need to worry as you prepare to enter the housing market. Instead, use these tips, and you can find a first-rate real estate agent who will ensure you can purchase your dream condo.




Tags: buying a home   buyer tips   condo  
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Posted by Lauren Davis on 11/4/2020

Image by Philipp Berndt from Unsplash

Sometimes the timelines for buying and selling a home donít match up perfectly. You may have purchased a new home or need to relocate before you can sell your current residence. In these cases, your property may remain empty for weeks or months at a time. Here are a few ideas for keeping your home secure until ownership is transferred.

Keep Your Utilities Running

It is an extra expense to keep paying for a utility bill on a property you do not occupy, but it's ideal for security purposes. Electricity, in particular, allows for the use of lights to create the impression of occupancy. Consider using lights you can set to a timer ó ensure the lights come on at appropriate times in the evening and go off during daylight hours. Installing exterior motion detector lights will turn on your lights when someone comes within range of the sensor. 

If your home is vacant during the winter months, you will want to keep the heat running to avoid issues like frozen pipes. You can maintain the temperature with a programmable thermostat or one that you can connect to remotely. It is helpful to have a local contact who can check in on your heating system during especially harsh weather.

Maintain Your Security System

If you have one, maintain your security system until the next occupant moves in. Let the security company, as well as your local police department, know that your property will be uninhabited. The more security measures you have in place, the better the protection for your property. Having a security system in place can notify you and the local authorities if there is unusual activity on your property. Notice of a security system often serves as a deterrent for keeping criminals away.

Keep the Yard Neat

Hire a landscaping service to mow the lawn and keep the landscape looking tidy. If you leave your yard looking untidy and unkempt, it is a visual cue to passersby that the house is vacant. If the weather is cold, plan for snow and ice removal to ensure the property is accessible.

Your unoccupied home is a financial asset until it is sold to someone as their forever home. Keep it in the best condition possible until you transfer ownership. If your property may be vacant for an extended period of time, it can be helpful to arrange for a property management service to keep an eye on your home. Your real estate agent is a great resource for management services in your area, call for recommendations today.





Posted by Lauren Davis on 10/28/2020


 Photo by 200 Degrees via Pixabay

The gig economy has exploded over the past decade. Today, around 36% of the US workforce is freelancing and many more or self-employed small business owners.

While being your own boss does afford you great freedom to set your hours and often work where you want, you may face extra scrutiny when trying to get financing to buy a home.

Because your income comes from many sources and you may do your own bookkeeping, it's more challenging to prove your income. But fear not. Freelancers can get financing. You just need to be prepared.

Note that every lending institution may be a little different. But here's your quick guide for home financing for freelancers and other self-employed professionals.

1. You may need to work at freelance a little longer

If you just left a nine to five and started freelancing six months ago, you do not yet have the track record of consistent income that a loan officer will be able to see. The loan officer needs to know that you have the money coming in to pay this loan.

In most cases, loan officers like to see applicants who've been successfully freelancing for at least two years.

2. Clean up your bookkeeping

Are you the kind of person who pulls out a box of receipts on April 14th and then scrambles for the next 18 hours trying to account for last year? You may struggle with a loan officer. They need to see well-organized records of incoming and outgoing, just like any business.

You don't have to take an accounting course. But anyone should be able to follow behind your numbers on a spreadsheet to see exactly how you reached the figures that went on your tax return. 

3. Get a CPA signature

You may need to get the signature of a Certified Public Accountant (CPA) on your books for at least the last six months. But please don't do this before they ask for it because it will cost money. The more disorganized your financial records, the more it may cost. 

If you'd be embarrassed to show your bookkeeping to a CPA, please see the tip immediately above.  You can do this. 

4. Make your case

If your income fluctuates wildly or has dropped in the most recent year, that may be a red flag for a loan officer. Even if they don't ask about it, make sure they know why that dip occurred.

Perhaps you were taking care of an aging parent or a sick child. Some of your income may have been delayed for some reason. Be prepare to explain the ebb and flow of your income.

Don't appear to be a victim of circumstance. But do communicate irregularities that don't reflect the success you're experiencing as a freelancer.

5. Have a strong savings

Freelancers' income varies from month to month, but your mortgage payment does not. Show that you're stable and have a backup plan. These savings should be in addition to a down payment.

For more smart home buying tips, follow our blog.




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Posted by Lauren Davis on 10/21/2020

Image by Agover from Pixabay

When you go to sell your home, your real estate agent will take care of playing host for interested buyers. This is part of the service that you get when you hire a real estate agent. The agent will not only handle setting up the showing appointments; they will also meet the prospective buyers at your home, walk them through the house and point out attractive features. While this is happening, you and your family can relax elsewhere. When the showing is over, the agent will contact you and let you know the coast is clear for you to return home.

1. Your Presence Will Distract Buyers

Your agent needs prospective buyers to focus on the house. If you’re there, the buyers’ attention will be torn between you and the house. Since showings only last a limited time, that will be valuable time lost for the agent to point out reasons why the house is a great fit.

2. Buyers Won’t Feel Free to Browse

Buyers need to be able to feel free to open cabinet and closet doors and look closely at details around your home. This is what will help make them feel comfortable about making an offer on the property. If the owner is present, buyers won’t feel able to look around. They may constantly turn to you to ask permission. This detracts from their ability to imagine the home as being their own.

3. You Could be Asked Difficult Questions

Buyers may take advantage of your presence to ask challenging questions. They may ask things like if the basement ever floods, if there are leaks in the roof or why there appears to be a crack in the basement wall. Your agent will know exactly how to field these questions and allay fears.

You hired a great real estate agent for a reason, so the best thing you can do is follow advice during showings and the rest of the homebuying/home selling process. By trusting your agent, the process will move smoother and assure you get the most bang for your buck.




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