Debra Parker's Blog
There is no set amount that a homeowner should spend on a smart house device. In fact, depending on the smart gadgets you purchase, you may wind up spending only a few dollars, or hundreds, on these devices. But if you understand how to shop for smart home gadgets, you may be better equipped than other property owners to find high-quality and budget-friendly smart devices for your residence.
Now, let's take a look at three tips to help you get the most out of your smart home device spending.
1. Choose Only the Smart Home Devices You Need
Although there are many smart home devices available, it is paramount to select only the ones you need for your house. That way, you can keep your smart home device spending in check. Plus, you can avoid the risk of buying smart home gadgets you ultimately won't need.
As you try to sort between smart device wants from needs, consider your day-to-day activities. For instance, if you require energy-efficient and economical lighting for your house, you may want to invest in smart light bulbs. Or, if you are concerned about security, a smart home security system may be an ideal investment.
2. Shop Online and at Brick-and-Mortar Retailers
Smart home devices are available both online and at brick-and-mortar stores. If you shop for smart house gadgets from a variety of retailers, you may find some that offer the optimal combination of affordability, convenience, and quality.
Don't hesitate to ask questions as you shop for smart home devices either. Remember, your goal as a homeowner is to find smart gadgets that can serve you well for an extended period of time. If you ask questions about smart home devices, you can gain the insights you need to make informed purchase decisions.
3. Consider Pre-Owned Smart Home Devices
Smart home device models are constantly evolving, and multiple generations of different gadgets may be available. Keep in mind, however, that an old smart home device model may suit you perfectly at a fraction of the cost of a new version.
Sometimes, you may find pre-owned smart home devices that work great and won't break your budget. If you search smart home device listings on Craigslist and other online marketplaces, for instance, you may find lots of terrific pre-owned smart house gadgets. If you browse these gadgets closely, you may discover a pre-owned smart home device that corresponds to your budget.
For those who want to buy a smart home device, it often helps to remain flexible, too. If you are open to shopping for smart house gadgets from a wide range of manufacturers, you may quickly find a smart home device that is both expertly constructed and affordable.
Ready to purchase one or more smart home devices? Take advantage of the tips above to shop for smart house gadgets, and find devices that fall in line with your finances.
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When it comes to buying a house, there is no need to deal with a stubborn home seller. However, you may encounter a stubborn home seller, regardless of how well you prepare for your homebuying journey. And if you're not careful, a stubborn home seller may cause you to miss out on an opportunity to purchase your ideal residence.
Don't let a stubborn home seller get the best of you. Instead, use these tips to ensure you can handle negotiations with a stubborn home seller like a pro.
1. Don't Panic
If you are forced to deal with a stubborn home seller, there's no need to get discouraged. Conversely, consider the property seller's perspective, and you may be able to get the best results out of a tough situation.
Open the lines of communication with a home seller – you'll be glad you did. If you maintain open communication, you may be able to find out the root cause of a home seller's stubbornness and plan accordingly.
Also, don't panic if a home seller fails to communicate with you, and try to avoid assumptions at all costs. By doing so, you'll be able to remain calm, cool and collected and maintain your patience as you try to figure out the best way to acquire your dream house.
2. Be Prepared for the Best- and Worst-Case Scenarios
In the best-case scenario, a stubborn home seller will explain his or her demands. Then, you can negotiate with a home seller, find common ground with him or her and work toward finalizing a home purchase agreement.
On the other hand, it is important to understand the worst-case scenario as well.
In the worst-case scenario, you and a home seller may be unable to find common ground. And if this occurs, you should be prepared to walk away from a potential homebuying negotiation and restart your search for the perfect residence.
3. Consult with a Real Estate Agent
Are you unsure about how to deal with a stubborn home seller? There's no need to worry, especially if you consult with a real estate agent.
With an expert real estate agent at your side, you should be able to overcome any potential homebuying hurdles.
An expert real estate agent will act as a liaison between you and a home seller. He or she will learn about the needs of a homebuyer and home seller and ensure both parties can achieve their ideal results.
Furthermore, an expert real estate agent can respond to any homebuying concerns and questions. This housing market professional can teach you about the ins and outs of purchasing a residence and provide honest, unbiased homebuying recommendations. As a result, a real estate agent can help you simplify the homebuying process and ensure you can secure a first-rate house that matches or exceeds your expectations.
Ready to streamline the homebuying journey? Take advantage of the aforementioned tips, and you can get the support you need to deal with a stubborn home seller.
In past housing markets, it was common for investors to flip houses. Unfortunately, when the housing bubble burst, many buyers couldn't update and sell the homes they'd bought. After a bit of a downturn, the trend has picked back up. However, savvy investors know that the housing market has much tighter margins than it has in the past. If you’re thinking about getting into the house-flipping game, consider the following tips as you get started.
Here are some tips to protect your potential investment:
Not every housing market is profitable: Many homes can be purchased, renovated, and potentially sold in every part of the country. But some locations do not have the sort of economic growth that makes property flipping viable. Know your market and local property values. Keep in touch with what’s happening in the community and be prepared with a plan B in case the home doesn’t sell.
Do your homework. There are fewer deeply discounted homes available to investors. Plan to pay the full price in cash but arrange a contingency to have the home inspected. If the inspection reveals issues, especially with primary systems such as electrical and plumbing, walk away. Or, offer the seller a lower price to account for needed repairs, and potentially get a better deal. Anything revealed during the inspection that the seller did not fix your responsibility to repair or replace before you can flip the property.
Respect your margins. Unlike in reality shows the profit made from buying and selling a home is not as large as it appears. When you find undervalued homes, you need a cushion built-in for the rehab. If the difference between what you paid and the new selling price is insignificant, it’s not a sound investment. Avoid purchasing property that requires thousands of dollars of repairs or upgrades. You'll end up with a lovely home, but little to no income to show from it.
Constantly monitor the inventory. Fewer homes on the market mean finding one with flip potential is more difficult.
Seek help from a professional
Maintain a close relationship with your real estate professional so that when potential homes come on the market, you’re the first to hear. Your real estate professionals know the local market. They watch the trends and know who is buying, who is selling, and who is holding. They also know which repairs and upgrades are essential to make a quick sale. Let them guide you.
If you plan to sell your house, you likely will need to craft a home listing. As such, you may want to put together an outline of the information that you'd like to include in your home listing to optimize its effectiveness.
Now, let's take a look at three things that every seller should include in his or her home listing.
1. Home Price
The price of your home likely will play a major role in how quickly your residence stirs up interest from homebuyers, and for good reason.
If you offer a competitive price for your residence, you should have no trouble generating substantial interest in your house as soon as it becomes available. Comparatively, if your home is overpriced, your risk alienating potential buyers. Or, if your residence is underpriced, you may miss out on an opportunity to maximize the value of your house.
Performing a home appraisal often serves as a great way to get an accurate valuation of your house.
Also, look at the prices of comparable houses in your city or town. This will help you understand how your residence stacks up against the competition so that you can price your home accordingly.
2. A Detailed Home Description
What sets your house apart from other residences? Ultimately, if you create a detailed description of your home's features, you can increase the likelihood of a fast, profitable home sale.
When you put together a detailed description of your home, be honest. That way, you can empower homebuyers with the insights they need to determine whether your residence is right for them.
In addition, copy edit your home description before you publish your home listing. Because if your home description is littered with grammatical errors, these mistakes may drive potential buyers away from your residence.
3. Nearby Attractions and Landmarks
If your home is located near amusement parks, national monuments, schools or other popular attractions or landmarks, you should incorporate this information into your home listing. By doing so, you can further differentiate your residence from the competition.
Don't forget to provide details about how far away your home is located from nearby attractions and landmarks too. For instance, if your house is only a 5-minute drive from a top local park, you should include this information in your home listing.
If you want to get the most out of your home listing, it pays to hire a real estate agent as well. With a real estate agent at your side, you can create an in-depth home listing that will hit the mark with prospective buyers.
A real estate agent understands exactly what it takes to create an effective home listing. He or she will learn about your residence and your home selling goals and ensure that your home listing stands out from others.
Ready to craft an engaging home listing? Use the aforementioned tips, and you can boost your chances of creating a terrific home listing in no time at all.