Tag: real estate

What Stays With the House?

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All buyers want to know “what stays with the house?” In other words, what personal items convey with the sale, or, what the seller is going to “leave” at the property. In most cases your buyer’s agent will point out the items that “stay” and the items that may “go” as the seller’s pack up. Here’s what you need to know:

Read your Purchase and Sale Contract. This is the definitive source for contractual obligations between the buyer and the seller. In the Vermont Association of Realtor’s Purchase and Sale Agreement, for example, “curtain rods” stay but not curtains.

Appliances are personal property. This means that the refrigerator, range, washer/dryer, etc. may or may not convey with the sale. Be sure to have an addendum to the contract to list appliances if they are to “stay” with the house. Be aware that personal property is typically in “as is” condition. If the microwave has a loose handle, for example, it is not the seller’s obligation to fix it.

What about furniture? In the last few years buyers began to express interest in purchasing furniture and art from the sellers. This is becoming more and more common and sellers and buyers are working out this transaction on their own. We refer to it as “outside of closing” meaning that it is a private sale that is not part of the Purchase and Sale Contract. If you’re a seller, have your Realtor check with the buyer’s agent before you post on Facebook Marketplace, you may be able to sell directly to the buyer.

Have more questions about the buying or selling process? Feel free to get in touch, we’d love to help you out!

What is Clutter Anyway?

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Getting rid of clutter is simply “tidying up.” Try it now — go into your kitchen and put away anything that doesn’t belong on the countertops or kitchen island. Usually this involves spotting an abandoned drinking glass and popping it into the dishwasher. Spoiler alert – don’t be surprised if the person whose glass you just “tidied” is looking for it an hour later. “What happened to my glass?” Let it be known that you are “tidying up.”

Here are our 3 simple tips to avoid clutter and start “tidying up” your space:

Designate a “drop spot” by your entry door for keys, wallet, purse, and glasses. The drop spot does not need to be a conspicuous entry way table, it can be a hook for your keys and purse and narrow surface for glasses and a wallet, like a side table or floating shelf.

Sort and take care of mail, delivery boxes, and groceries as soon as they are delivered. Have a box cutter available to break down your boxes and recycle them. Throw away/recycle junk mail. Put away all groceries right away.

Scan your living space right before you retire for the evening. Go through your rooms and put away anything that doesn’t belong. This may involve hanging up your clothes rather than draping them on your Peloton. Or, you may need to gather all of your snacks from the living room and return them to the snack closet or snack drawer.

If you need more tips, or want us to help you declutter your living spaces, get in touch!

Do I Need a Coffee Bar?

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Do you need a coffee bar? The short answer is “yes!” One of the coolest things about being a Realtor is that we see how people are setting up their homes. Recently we have been tracking a trend to include a dedicated space in kitchens or adjacent eat-in spaces for coffee bars. Since 74% of people looking to remodel their kitchens have coffee bars on their “wish list” we’re digging deeper into the coffee bar obsession.

Classic movies of the 1950s often featured cocktail stations or bar carts. Check out the bar cart in The Seven Year Itch (1955) with Marilyn Monroe and a homemade martini. Flash forward to today where everyone is looking to recreate their favorite drive-through coffee brew whether it is a Starbucks Pumpkin Spice Latte or a Dunkin Cereal and Milk Latte. The home coffee craze, whether iced or hot, has lead to the coffee station trend.

Coffee not your thing? How about a smoothie bar, hot chocolate bar, or energy drink bar? So many possibilities to explore once you delve into this trend. Whether it’s a dedicated section of your kitchen countertop or a separate built-in area, all of our buyer clients appreciate the option to skip the drive-through and concoct a brew at home.

Whatever you choose for your beverages we highly recommend setting aside an area dedicated to your favorite drinks. If you’re looking for design ideas for your current kitchen or searching for a dedicated coffee bar in your next place, get in touch. We’d love to help make your at-home beverage dreams a reality.

The Right Home May Not Be Your ‘Forever’ Home

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Your “right home” may not be your “forever home.” Sometimes your life circumstances and current lifestyle lead you to a property that doesn’t fit your needs “forever,” but it fits your needs right now. Interestingly, 81% of buyers who think they bought their “forever home” end up moving in 5 years.

Over the last few years some buyers focus on finding the best home that fits their criteria of a “Forever” home. The search is frustrating, long, tiring and sometimes elusive. Buyers focus on future needs rather than their immediate circumstances. Of course, it’s natural to look for a house that you absolutely love, the house of your dreams, the house that you can grow into. In reality, though, the search that “checks all the boxes” rarely ends with the ideal house. Why does the search for a “forever” home turn into endless showings and frustration?

After working with buyers for many years, we ask more questions than other real estate agents. Instead of asking for a list of “must have” features in a home we ask these lifestyle questions:

  • What do you do for recreation?
  • Do you need to be on a school bus-line or close to school?
  • Where do you work? Do you need to live close to your company or do you work from home?
  • Do you want the option of public transportation?
  • How close do you want to be to the airport, the interstate, grocery shopping, restaurants and health care providers?

The “forever home” may have the “wish list” items but it may not fit the lifestyle questions. If you’re frustrated with your home search, or just thinking about starting, reach out – we’d love to help you find the best home to suit your needs, now and for the future.

The Truth: Real Estate and AI

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Artificial Intelligence (AI) creeps into our real estate world daily. Even writing this blog AI is offering assistance, which is ironic and disturbing. From listing descriptions to seller and buyer appointments, we have run into AI and we’re not impressed. Here’s what we’re noticing:

1. Descriptions in listings are starting to sound the same.

It’s easy to figure out which agents are taking “short cuts” with AI. Check out listing descriptions that describe a house as “nestled” when it is smack dab on top of a hill. This week at least 3 descriptions boasted “nestled” houses. AI is unaware that air conditioning window units are portable and need to be taken in/out seasonally. AI crafted this for a listing description, “Window units provide cooling which allows you to choose your climate control.” Ummm, yeah, basically the house does not have central cooling or mini-split units.

2. Market information does not need an AI interpretation if you are a professional Realtor.

We don’t rely on AI’s interpretation of market sales. Sure, it is a good overview but any Realtor should be able to use data to let clients know what is happening in their particular situation. After sampling AI offerings to analyze seller and buyer trends we are unimpressed. All basic information needs to be interpreted on an individual basis for each property. AI may boast a “seller’s market” with few days on the market, but, how accurate is that in the broad view of the real estate landscape for your city, town, or neighborhood. All real estate is local.

3. Each house is unique.

Zillow, Realtor.com, etc. have never been in your house. Do you have significant acreage? Do you have common land for recreation? Is there access to shopping, schools, etc.? Dirt road? Paved road? Class 4 road?

Do not rely on AI to find you a house. It’s best to rely on expert opinions from real estate professionals rather than information harvested by AI algorithms. And, don’t believe it when they say the house is “nestled.”

Summer Buyer’s Market?

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Yes, there is a Summer Buyer’s Market! If you’re thinking about buying or “have” to buy, now is the time to jump into the Vermont real estate market. Sellers who have their homes for sale are eager to sell before the fall. If you’ve been discouraged over the past few years, now is the time to get back out there to find your new home. More houses for sale, fewer buyers competing.

Here are the top 3 reasons to buy in the summer:

Everyone is on vacation. The pool of buyers goes up and down in the summer months depending on vacations. You are competing with fewer buyers.

Back-to-School season is here. Believe it or not, people are preparing for back-to-school which means college trips, school supplies and new clothes and shoes. Even people who aren’t going back to school get excited about office supplies. This phenomenon distracts many potential buyers from the real estate market.

One last trip! If people aren’t taking a scheduled vacation, then they are planning that “one last trip” before the summer is over. Concerts, horse shows, or just a quick jaunt to the ocean. The “last trip” of the summer means that those buyers are still vacationing rather than house-hunting.

We have a 100% success rate for helping our buyer clients find their next home. Reach out if you are ready to take the first step in purchasing.

Let’s Take it Outdoors: What is ‘Curb Appeal’ Anyway?

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Curb appeal is the feeling that people get when they drive past your house. Is the landscaping maintained or overgrown? Is the front door faded or vibrant? Is the driveway smooth or full of potholes? The exterior presentation of your property sets the tone for the buyer experience when you are selling your home.

It’s important to have “drive-by” curb appeal when your house is on the market, which is common knowledge. However, many sellers are surprised when we show them that the concept of curb appeal applies to the whole exterior presentation of the property.

Recently I met with a seller who wanted to get her house ready for sale. I drove by the property, and it looked neat, tidy, and well-maintained from the “curb” view. A closer look at the exterior, however, revealed many exterior flaws that would be fatal if I was a buyer.

Here are the three things that need repair prior to getting your house on the market:

1. Rot on garage door trim. This is very common. If the wood can’t be salvaged, then the trim needs to be replaced.

2. Sinking front steps and walkway. This, too, is very common. Over time, concrete front steps sink into the ground and the paved walkways can shift.

3. Garage door damage. It’s not surprising that some people have backed into their garage door when it’s still closed leaving a dent. Also, it’s common to have a broken window (hockey puck or baseball).

In these examples, the curb appeal of the house extends all the way to the front door for buyers. Driving up to the house and then walking to the front door sets the tone for the interior of the house. If the first impression is that the exterior of the house has been neglected, then the interior of the house will be scrutinized for any signs of deferred maintenance as well.

If you’ve been thinking about selling and want to get your house on the market, contact us to get started and we will ensure your exterior is in tip top shape to attract buyers from the first drive-by.

Is the Highest Price Offer the Best Offer?

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How difficult is it to decide on an offer on your property? It all seems so simple. You put your house on the market with your trusted real estate professional. Buyer’s Agents show you property and then submit offers. Now what? Let’s look at three considerations when assessing an offer:

1. Price

2. Terms

3. Conditions

Price: Sometimes the highest price offer may not yield the best terms and conditions. For example, you receive an offer that is “over” your list price, but the buyer has a house to sell that is in a remote part of Minnesota where it is always a buyer’s market. Of course, you would want to explore the particulars of the house sale situation but, for now, this has a contingency that may not be satisfied for a long while. While the highest price is tempting it may cost you in time and frustration waiting for the buyer’s house to sell.

Terms: In another case, the price may be right, but the terms of the offer may not be reasonable. For example, one term of the offer may be that the buyer’s financing is contingent upon a mortgage loan at an interest rate that is no longer available. It’s important to verify that the lender letter and the contract reflect the current interest rate. The buyer’s financing letter may not be updated, and, with the current interest rate, the buyer may not actually qualify for the purchase. It’s important to make sure that the buyer’s lender letter is updated before accepting an offer.

Conditions: Lastly, some of the offer conditions may not be able to be satisfied per the contract. For example, if a buyer requests that a roof be replaced, or a buried oil tank removed prior to closing and if it’s the middle of winter, then this condition may not be realistic. Evaluate the buyer’s conditions and make sure that you can meet their request.

In summary, each offer is unique. It’s important to have an experienced professional real estate agent to help you navigate offers so you can choose the buyer who best fits with your goals. If you’ve been thinking about selling, get in touch and we can discuss next steps and what to expect from the selling process.

Anxiety and Selling Your Home

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How stressful is selling your home? There are many reasons why selling your home is overwhelming. As a Realtor in Vermont I was overwhelmed with selling a family house out-of-state. The lack of familiarity with the process, the pricing, and the current buyer preferences in the area were all a mystery to me. After choosing a top agent who is a local expert in the area I realized that her job was to alleviate my stress and anxiety and guide me through the process. Let’s explore the major issues that cause anxiety and how we can help alleviate some of your fear and worries.

Here are the top 3 questions that we answer:

1. What do I have to do to my house to get it on the market? It depends. We need to visit your house to see what projects, repairs, updates, etc. would benefit you most with today’s buyers. It’s a good idea to have a budget set aside for these items and we will prioritize your “to do” list.

2. Will I be able to move by a date of my choosing? Most likely, yes. We are experts at getting you out and moving to your next destination in the time frame that works for you. Let us know your plans and we will work with your schedule.

3. How do showings work? With us, we schedule the showings with your lifestyle in mind. If you need to work at home certain days we will schedule around your meetings and work schedule. To minimize the stress of having your house “show ready” all the time we make sure you have enough time to prepare for buyers.

These are just some of the questions that we answer early in the process of selling your home. Make sure you choose a Realtor that has experience to lead you through the entire process, from prepping your house for sale to guiding you through the inspection and closing. If you are thinking about selling, contact us to get started!

3 Tips for Snowy Showings

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pexels-jill-wellington-1638660-259583Neither snow, rain, or sleet will keep us from helping you buy a house in the upcoming snowy, cold months in Vermont.

If you are looking to buy in Vermont during our snowy months of January, February, or March we want you to be “winter ready.” From weather alerts to slippery walkways and snow covered boots, we have tips and tricks to make your snow days easier.

1. Watch the weather: Sign up for VT Alerts. While we can dodge rain, snow, and sleet we can’t outrun a snow squall. The snow squall warnings are no joke – these are the most accurate of the predictions. If there is a squall we are not going out!

2. Bring indoor shoes. You will need to leave your snow boots at the door so you don’t track snow through the house. To protect your feet from frosty floors bring some indoor shoes to keep your feet warm. You will need shoes to check out the basement because if you are only wearing socks, the chill from the concrete floor will stay with you all day. We can’t guarantee that the walkways or driveways will be cleared and salted for your visit so be sure to wear boots or shoes with non-slip soles.

3. Schedule your showings during the day. As soon as the sun goes down, the walkways and steps may freeze up making them slippery and dangerous. Also you will want to see the property in the daylight to really decide if the house is a good fit for you.

If you are looking to buy in 2025, contact us to start your home search and begin the process to get qualified.