Why NOW is the Best Time to Sell Your Home

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Between there being little inventory available in Anacortes and its surrounding areas and rising prices and interest rates, buyers often waste little time looking and want to purchase a home fast.

A recent profile of home buyers and sellers by the National Association of Realtors (NAR) indicates that homes are selling in about four weeks and for roughly 98% of the listing price, despite prices being about 6% higher.

If you are considering selling your house in the near future, contact us today for a complimentary and no-obligation market analysis of your property.

Jean Groesbeck & Assoc. LLC proudly serves the counties of Skagit, Island, Whatcom and San Juan and Team Groesbeck is available daily at (360) 941-3734, Jean@JeanGroesbeck.com, or stop by our office is located in Old Town Anacortes at 809 7th St.

When is the Right Time to Sell Your Home?

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Have you been interested in selling your home, but still wonder when the best time will be?

Here are a few reasons why NOW is the time to list your home for sale in Anacortes:

– SUPPLY AND DEMAND –

Inventory in Anacortes is low, but the demand remains high! Because of this, it is currently a sellers market. Homes listed for sale that are priced correctly are selling very quickly!

– FEWER CASH BUYERS – 

In the past few years, all-cash and investment buyers have maintained the real estate market. With fewer all-cash buyers, the price growth in the housing market will make for more stable and sustainable growth.

– INCREASE IN INTEREST RATES –

It is predicted that mortgage rates are going to rise in the near future; this will encourage buyers to make their move in purchasing sooner rather than later.

– RISING COST OF RENT –

As the price of rent increases, tenants become potential buyers and want to invest rent money towards owning a home.

Before you decide if now the right time to sell your home is, contact Team Groesbeck to discuss your options. Our team of honest and experience brokers will guide you every step of the way, beginning with a no obligation comparative market analysis (CMA) of your property, in addition to a complimentary staging consultation for our clients.

To schedule an appointment with us or for more information, we are available daily at (360) 941-3734 or by email at Jean@JeanGroesbeck.com. As the #1 seller of pre-owned properties in Skagit County, Jean Groesbeck & Assoc. are market experts and can assist with all of your real estate needs, providing you 5 Star Real Estate Services since 2002!

Should you sell your home now?

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Selling your home is a huge decision that often causes extra (and unwanted) stress.  Deciding when to sell your home is not always only about the money, but a lifestyle change.

Anacortes-based Jean Groesbeck & Assoc. LLC is a team of experienced and professional real estate brokers who know the market in Anacortes, throughout Skagit County, and beyond.  Even if you are interested in seeing what your home is worth or interested in selling in a few months, contact us early to begin the process.  Allowing for ample time to get your home and finances in order will allow for a smoother process later.

Jean Groesbeck & Assoc. LLC doesn’t just list homes, we sell them.  We utilize our resources online, social media, throughout the area to promote your property ensuring that we will get you an offer that is best for you – and we will guide the process along the way.

Our team of dedicated and full-time brokers is the number one sellers of pre-owned properties in Skagit County.  Don’t wait; call us today at (360) 941-3734.

We look forward to working for you.

Competing with New Homes in Today’s Market

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If you are selling a home in Anacortes or anywhere in Skagit County, it is important to look at your competition. If your home is in a price range that has new homes listed, it is even more important that your home is move-in ready.

Beyond the updated kitchen and bathrooms, buyers want homes that will not need maintenance within the next five years. Other things to consider are that the roof and gutters need to be cleaned, the furnace serviced, appliances working, fresh paint, stain free and clean carpet, cupboards clean and organized and no mildew on decks and patios.

Even if you do not have new homes in your area, 70 percent of Skagit County buyers want move-in ready homes. They expect the homes on the market to have spotless kitchens, fresh caulking in bathrooms and perfect windows.

Of course we can sell homes that are not in excellent condition, but sellers do not get top-dollar. Some sellers value time more than money so they are willing to have a lower selling price rather than having work done.

For most of us, we want top dollar for any real estate we sell. When you allow Jean Groesbeck & Assoc. LLC to market your home in Anacortes or anywhere in Skagit, Island and San Juan Counties, you will receive professional and complimentary staging services.

If you are thinking of remodeling and want to consider resale value of your home in Anacortes or anywhere in Skagit, Island and San Juan Counties, we are happy to discuss with you. Contact us at (360) 941-3734 or Jean@JeanGroesbeck.com today!

Winter Home Selling Tips

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There is no need to wait until spring to sell your home! Inventory is low and demand remains high in Anacortes and Skagit County.  Even if you are on the fence about selling, contact Jean Groesbeck & Assoc. LLC for a complimentary, no obligation comparative market analysis of your home.  It is not too early to begin the process to ensure things run smoothly later.

Here are some tips to get the most out of selling your home during the winter:

Price competitively – There is often less completion in the winter, but if your home is priced too high people will look elsewhere.  Price appropriately from the start to get the most attention!

Get professional photos – Studies have shown that homes listed using professional photos sell for more money.  Even if your lawn is covered in snow and the leaves have fallen off the trees, high quality photos taken with professional cameras look best.

Keep up with exterior maintenance – Make sure the “for sale” sign is free of debris and visible, snow and leaves are clear from the walkway, driveway, roof and deck or patio spaces.

Let light in – Keep your home inviting by allowing the light in, even when the winter months can be dark and gloomy.  Keeping the heat and lights on (indoors and outdoors) allow for the home to be properly seen at all hours of the day.

Stay tidy – Winter can be tricky to keep a home tidy with the holidays and visitors, but by keeping coats, boots, umbrellas and other items out of view and regular cleaning up kept, your home will always be ready to be shown.

Plan open houses accordingly – Knowing the schedule of the local football team and being aware of local events can ensure that people will be available to attend your open house, free of distraction.

Anacortes-based Jean Groesbeck & Assoc. LLC can assist with all of your real estate needs.  Proudly serving Anacortes, Skagit and San Juan counties and beyond, call us today at (360) 941-3734 or email to Jean@JeanGroesbeck.com.  We look forward to working with you!

The Importance of Home Inspections

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Many wonder why such an emphasis is placed on home inspections when they are not mandatory in the home buying or selling process.

The bottom line is: buying a home is already an expensive process- it is best to have a third party check for potential (unseen) problems before you are fully committed, rather than signing without knowing what you could be getting into.

One of the biggest indicators that the home inspection is important is that it can be used as a contingency in your purchase offer. This means that it can be used to back out the deal if certain significant defects are revealed by an inspection.

 

While inspectors may vary in thoroughness, there are certain key elements they should look at:

  • Whether or not the problems they find are safety issues, or major/minor defects.
  • Which items require replacement or servicing.
  • Which items should be monitored closely for possible repair/replacement in the future.

 

As a general rule, some of the items an inspector might look at include:

  • Foundation
  • Exterior Walls
  • Pest Problems
  • Roof Damage
  • Plumbing
  • Electrical Hazards
  • Heating, Ventilation, and Air Conditioning
  • Water Heater
  • Kitchen Appliances (provided any are staying with the home)
  • Laundry Room (proper ventilation)
  • Potential Fire Hazards
  • Bathrooms (proper ventilation, mold issues, water damage, etc.)

 

Potential safety concerns that should absolutely be addressed in the inspection are:

  • Radon
  • Carbon Monoxide
  • Mold

 

Inspections may not always identify everything wrong with a property, but they can point you in the right direction if something appears amiss and if anything, you will have the opinion of an “expert” to back you up.

If you have any questions about home inspections (how to schedule, why they are important, etc.) give us a call! We would be happy to walk you through everything you need to know about buying or selling your home.

What is the Seller’s Disclosure Form?

The seller’s disclosure form is one that must be completed by everyone selling a home; it is a document that will ask you questions about your home that you may not have considered since you purchased the property yourself.

As it is one of the documents that the buyer will most closely look at, all questions need to be answered to the best of your knowledge. If they are not, it may delay the closing process and prompt even further questions from the buyer.

Fortunately, there are a few ways to put your mind at ease while completing this very detailed, legally-binding document!

Research your home. If you have recently moved into your home then you likely have much of the necessary information accessible, as it was made available to you when you purchased the home. If it has been a decade or so, you may have to do some digging through old paperwork to find information such as the make, model, and age of various components of your home (HVAC system, water heater, etc.). Buyers will want to note this information to see what kind of money, if any, will need to be spent upon moving in.

Be as accurate as possible. You hopefully had an inspection done when you moved into the home, which should be able to give you information on the roof, plumbing, electrical, etc. While doing your research, try to be as accurate as possible rather than guessing when something may have been installed or replaced.

Honesty is the best policy. Really, answer all questions to the best of your ability. If there is information to which you do not have access or a question is not applicable to your property, note that in the seller’s disclosure form. You do not want to appear ill-informed about your home and want to offer up as much information to the buyer as possible, so as to avoid any delays or issues with closing.

Remember, the seller’s disclosure form is a legally binding document that is required of all home sellers. There isn’t, however, any reason to be intimidated by it! Just make sure you are aware of what has been done in your home and which things potential buyers may take issue with. This will help both the home selling and buying process go smoother than you can imagine!

Call us today for more information on what to take into consideration when buying or selling your home!

Guest Blogger: Tim Hance – 5 Ways to Add Oustanding Value to Your Home

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Our friend Tim Hance, of All Islands Home Inspections has put together a great list of budget-friendly ways one can add value to a home. This has come at the perfect time as we approach summer and can take advantage of excellent weather

Inexpensive Ways to Add Great Value to Your Home

1. Create an Open Floor Plan

Conventionally, most households in the United States have a wall that separates the living room and the kitchen. Consequently, people in your sitting room can’t see the kitchen.

Lately, this trend continues to evolve as most home buyers prefer a house with an open space. If a wall separates your living room from the kitchen, remove the wall.

The resulting space will create an island between your kitchen and the living room. Eliminate this island by adding a table and some chairs to create a flow between the two rooms. As Jeanne Baron of This Old House argues, “you’ll increase the space and transform your home’s feel”.

2. Landscaping

Working on your home’s interior is commendable, but don’t forget about the look of those trees and bushes. Why? Because unkempt bushes and tangled trees can easily obscure views, promote mold and darken interiors.

While most homeowners may overlook it, landscaping is among the top three home investments with the highest returns. HomeGain, a real estate marketing company, surveyed 2,000 brokers and discovered that an investment of between $400 – $500 can generate up to four times in returns.

For this reason, pruning your trees is important. If the planters hinder potential buyers’ view of the house, they’ll move right on to other houses that are more visible. Other than losing potential home buyers, neglected Mother Nature can cause other costly damages to property.

3. Update Your Plumbing

If your iron pipes look old and rusty and you fear you’ve ingested enough metal through your drinking water to construct a small ship, it’s time to replace your plumbing system.
Believe it or not, appraisers heavily consider plumbing when giving value to your home. Back in the day, re-piping was a massive undertaking where contractors would have to dig up walls. Lately though, people prefer plastic piping because it’s reliable and easy to install. Professional plumbers can run it through the walls like extension cords.

4. Boost Your Bathroom

As Matt and Nicole, licensed realtors and remodeling experts put it, you can brighten your bathroom up with some paint and add wallpaper. Do not overdo the wallpaper addition, though.
Remember that the moisture in the room can quickly loosen your wallpaper. To prevent this, use super glue to attach the wallpaper to the wall.

Other simple additions you may need to make are introducing a new mirror and a few light fixtures. With these simple procedures, you’ll transform your bathroom from a plain Jane to a beauty queen.

5. Illuminate Your Space

Few people prefer a dark living space and that’s why lighting enhances the appeal of any home. You can do a few things to brighten your house, and these include fixing broken panes, ensuring windows open and fixing switches that trigger dim lighting.

Don’t forget about the lights outside the house as well. They are important for both aesthetic appeal and security.

To add value to your home and beautify it, consider both the interior and exterior parts. Start by implementing each of the above ways as they are the easiest and most inexpensive ways to add value.

Budget-Friendly Home Upgrades

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Home upgrades can typically bring on feelings of dread and come with big spending. Fortunately, there are numerous budget-friendly home upgrades that can be done through simple changes around the home- some of them only involve cleaning!

While cleaning your entire home should be at the top of your list if you are planning to sell, deep cleaning places you wouldn’t normally think of can make a huge impact on the overall feel of the home.
One or two times each year, be sure to give all of your kitchen cabinets a good scrub, as well as the walls of your kitchen and in rooms in which you spend the majority of your time. It can be surprising how much dust and dirt collects on the walls of our homes.

Speaking of the kitchen, did you know you can face lift your appliances? Many dishwasher panels are white on one side, and black on the other- just remove a few screws and turn things around! Check with your manufacturer to see what options you have, and whether or not they sell replacement panels. While you’re at it, give the insides of your appliances (including your dishwasher) a good scrub.

Brighten up your bathroom easily by checking first to make sure things are functional. Have you checked the caulking around your tub, sink, and baseboards recently? If it is discolored or peeling, redo it! Next, look at small items such as faucets, shower heads, and light fixtures. These are items that can easily (and fairly inexpensively) be replaced, yet will give the whole room a different feeling. This is also a good time to wipe down the front of your vanity to freshen it up without replacing it entirely.

Whether you are showing your home to sell or having a party, flooring is something that everyone looks at when they enter your home. If your carpet is worn and you are not willing or able to replace it, have it professionally cleaned! You can even rent a quality rug cleaner and take care of it yourself. If you don’t have carpet, be sure that you keep the floor swept and cleaned regularly; stepping on a sticky or crummy floor makes the whole room feel icky.

Anacortes, WA is home to many beautiful properties. Let us know if we can help you sell yours so we can give you even more information on cost-effective ways to update your home!

How to Choose the Right Realtor (to Sell Your Home)

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Choosing the right Realtor in the home-buying or selling process is a decision that should be approached carefully. You are looking for a partner- someone who will guide you through a process that has the potential to be very stressful. Here’s how you can find the right agent for you, and enjoy (almost) every step of the way!

The first step in any real estate transaction is to look through your community and narrow down your options for agents. Make a list of five or so agents who appear to have the qualities for which you are looking, and reach out to each of them.

Next, test their communication skills. Whether you send an email or phone and leave a message, the agent should respond back within one business day. One of the top priorities of a real estate agent is responding to outside inquiries, as that is typically how business is initiated. If they take too long (without reason) to reply, it could be indicative of how attentive they might be to matters regarding your home. Determine which type of communication they prefer as well, so you know where to look for their correspondence and how to best reach them.

Third, ask about their experience with similar homes in your area. It’s always good to give a new agent new business. If they are boasting years of local experience, however, they should be able to give you an excellent outline of how they have done historically with homes in your area that are similar to your own. You can even ask them to point out a property they have sold that compares to yours, and request a comparison between it and your own. If you have seen their signs in front of other homes for sale, ask how they compare to your own and how they are doing on the current market.

Fourth, figure out their marketing plan. For your home to sell, it needs to reach as many eyes as possible. This includes both the eyes of buyers, and the eyes of other agents. Ask questions such as; how will you market my home? Do you utilize social media? Do you utilize traditional (offline) marketing? And if you’re comfortable: how much do you spend on marketing?

Ultimately, whichever agent you choose should be willing and able to answer all questions you can think of. Open and honest lines of communication will make all parties feel more comfortable with the relationship.