Traditionally in the winter months, the real estate market slows down. Which may give buyers leverage when finding their home. Moving into the warmer months buyers and sellers alike become more motivated to go out and look for a home that fits their needs and budget. The warm weather boosts curb appeal which can be favorable for sellers and buyers.

If you're in the market for a new home or thinking of putting your home on the market, here are some tips to help you get ready.

5 Tips for Buyers

1. Get your credit in shape

If you plan to finance your home purchase, check your credit history, especially if you're a first time home buyer. That way you can correct any errors, and take measures to boost your credit score.

2. Get pre-approved for a mortgage.

Early in your search, meet with a mortgage lender who will take a look at your credit history, savings, investment statements and your current financial situation. Getting pre-approved will give you leverage when making an offer and allow less stress when you are looking for a home by knowing what you can afford.

3. Establish your budget.

Whether you're financing your purchase or paying in cash, it helps to establish a budget. This will help you focus your search on great homes within your price range.

4. Make a list.

Buying a home is a process of elimination, not a process of selection. make a list of your ideal home's must-haves and deal breakers. This will help you to narrow your search so that you can find a home that fits your current and future needs.

5. Think about resale.

The average homeowner lives in their home for 9 years. While you may purchase your home as a long-term investment, keep in mind that you may need to sell it one day. COnsider the homes resale value when you're looking at properties.

96% of first time home buyers and 84% of repeat buyers finance their home purchases.

5 Tips for Sellers

1. Clear the clutter

Before you put your home on the market, make sure to clear the clutter you've accumulated over the years. The best way is to tackle one room at a time, and divide into 3 piles: keep, donate, and toss.

2. Get packing

Although you don't want to pack all of your belongings, it helps to start boxing up the items that you want to keep, but won't use for a while, such as out of season clothing or sporting equipment. Also, think about packing away sentimental and valuable items. packing up your belongings will help potential buyers picture themselves living in your home and also prevent your valuables from damage.

3. Research the local market

Knowing how much the homes in your neighborhood are selling for and how long they stayed on the market can help you gauge your home's value and estimate a time frame for the sale.

4. Repair and Improve

Boost your home's curb appeal by doing minor repairs and improvements inside the home and out. Tackle any necessary repairs, paint your walls a neutral color and replace light fixtures or appliances that are damaged or out of date. Don't forget to clean - potential buyers can't enjoy the views if the windows are too dirty to see through.

5. Be realistic.

While it's good to get a feel for the local market, be realistic about the selling process. Having realistic expectations for your home sale will help to relieve some of the stress of selling. 

Most buyers now look online for properties for their first step in the buying process. Having a good online presence for your home is becoming more and more of an asset now. 

Finding a realtor with a strong online presence will help in the buying and selling process.

If you're thinking of buying or selling call us at 519-331-3746