How to avoid seller’s remorse

The market is hot for today’s homeowners — houses are selling faster and for higher prices than in past years. Many homeowners are feeling the call to move, but are wondering if they’ll regret moving based on financial factors.

If you’re thinking it’s time to sell, but have concerns surrounding the decision, here are some insights you can use to make the right move.

Key insights:

  • Is selling now the right choice for you? Be sure to assess your options when deciding to list your home.

  • Stay focused on your strategy and goals; know how and when to make a closing deal.

  • Involve others. Although the sale is about your home, outside advice can be helpful.

Why should you sell? What are the benefits and downsides of selling?

When considering whether or not to sell, start by brainstorming the pros and cons. By preparing a list of what you could potentially gain or lose from a sale, you may be able to uncover your inner motivations for selling and ultimately make a decision.

If you are selling to take advantage of a competitive sellers’ market that you fear won’t come again, let’s talk about it. Together, we can help prepare you for the full selling journey and even make a plan B for temporary housing in case you don’t find a new home to buy prior to your house’s closing.

Get your head in the game

If the final sales price of your home will be a motivating factor, it’s important to know what comparable homes in the market have sold for — and how quickly they are selling.

To do so, create a sold search on edinarealty.com[1] where you can learn more about the market in your area. Being “in” your local market can help to provide reasonable expectations and to set up a practical mindset around your home’s selling price and the local demand for houses like yours.

How to create a sold search:

  • Go to the edinarealty.com home search[2] .
  • Enter the criteria that matches your home — your city, number of bedrooms and baths, etc.
  • Change the Status field to “Sold.”
  • Be sure to click “Save search” after the search populates the recently sold homes that are similar to your home.
  • When prompted, create an account (if you don’t already have one).

After the sold search is created and you have made an account, you’ll receive listing updates via email. These emails will automatically include properties that match your unique search. Peruse the photos and listing price to get a good idea for how much you could list for, and how long these homes tend to stay on the market before selling.

Make a plan that works for YOU

Remember, it’s your house, your rules, your timeline. Develop a pricing and sales plan that you feel comfortable with and excited about. Together, we can put together a sale strategy and help you determine a final:

  • Listing price
  • Hopeful selling price (which may be the same as your listing price)
  • Absolute lowest accepted price

Because market demand is high in many areas, it is possible that you will receive multiple offers on your property. Before and after we list your home, we can discuss how to best capitalize on a bidding war for your property.

Spread the News

Finalizing a home sale is exciting! When your plan is set, share it with trusted family members and friends who will help you as you move into your next chapter. Although it’s ultimately your decision, you will want to have support as you list and sell your home.

Sometimes, changing homes can lead to difficult, emotional discussions. If you’re a parent selling your house after your adult children have moved out, be sure to prepare yourself for their reactions.

There are many ways to navigate the emotional sides of downsizing and to ensure everyone has a chance to say goodbye to their childhood room or to keep aged, but significant, momentos. While you can provide the backdrop for these final moments in the home that meant so much to you, remaining firm in your decision will make it easiest on everyone in the long run.

Moving Forward

Ready to take the next steps to sell your home? Congratulations! Reach out today to start conversations and to make a plan for listing your home for top dollar.

For additional seller tips, follow #SellerInsights on Facebook, Twitter, YouTube and Instagram.

Nine tips for closing up your cabin for the off-season

Key insights:

  • Dock and boat maintenance are critical if you want to enjoy life on the water next spring
  • Focus on shutting down all appliances and systems safely before you board up your home
  • Hire a local caretaker to watch over your home this winter

Closing up your lakeshore cabin is never as exciting as opening it up, but it’s important to protect your waterfront property during the off-season. Here are nine insights you can use as you close up your cabin for the winter.

1. Bring in the dock

Unless you have a dock that can withstand ice, you’ll need to bring yours in this winter. Roll-in-and-out docks and floating piers should take 2-3 people, but you’ll have to call in reinforcements if you have a standing dock.

2. Winterize the boat

To winterize your boat, follow the manual, this 10-step general process or hire your local marina to do it for you. Remember to cover the boat securely or to get it professionally shrink-wrapped to protect it from the elements.

3. Store cushions, rafts, life vests

At the start of your last weekend Up North, begin drying out anything made of fabric — including outdoor furniture cushions, life vests and pontoon canopies. To prevent mildew, make sure these items are 100 percent dry and store them in a well-ventilated area.

4. Check for window leaks

Shake windows to see if they rattle. If the frames aren’t secure, add caulk to the perimeter to seal them off. Chip off any paint or debris that prevents the windows from closing and locking tightly.

5. Check corners, roof and eaves for entry points

Check corners, floorboards, eaves and other nooks and crannies for holes that may be big enough to let in unwanted winter critters. Seal up the gaps using steel wool, which mice and squirrels cannot chew through.

6. Turn off the water and plumbing

If you plan to shut down the cabin for the entire winter, you’ll want to bleed the pipes and shut down plumbing completely. Begin by shutting off your main water valve, then follow these tips from This Old House to make sure you cover all your bases.

7. Check the furnace

If you won’t need heat for the entire winter, turn the furnace off. Vacuum the inside and check its filter to ensure it’ll be up and running in the early spring months. Your early-spring-cabin-fever self will thank you

8. Unplug all appliances

Start with the kitchen and move through every room to be sure that nothing is plugged in. Don’t forget to check behind couches for power strips.

9. Hire a “check-in” caretaker

If you have a friend or neighbor who stays in town year-round, ask them to check in on your place from time to time. You’ll rest easier if you know that someone is alerting you of suspicious activity and checking the interior for water damage or critter invasions.

Prep for spring. Buy now!

If you buy a lakeshore home or cabin now, you won’t miss even one day on the water next spring. Browse lake homes and cabins for sale in Minnesota and western Wisconsin, or reach out now to discuss buying a lakeshore home.

Neighborhoods of Woodbury, MN

Welcome to Woodbury Minnesota, 55125 & 55129, the best of Woodbury MN Real Estate.

Woodbury offers some of the most desired neighborhoods and Woodbury MN was voted one of the best places to raise a family. SEE: Latest Report.

Money Magazine rated Woodbury among the “best places to live” in July 2010.
Woodbury ranked 13th on the list of top 100 U.S. cities with populations between 50,000 and 300,000, and was one of five Minnesota cities in the top 20.
Association Free Top Neighborhoods are East Meadows and Summerlin, featuring New Construction Masterpieces built by local Brandl/Anderson starting in the lower 400’s

Read more

Woodbury Community

Woodbury Real Estate Overview

Woodbury, Minnesota, is one of the fastest growing cities in Minnesota. Until the mid-1950s, Woodbury was farmland but as the Twin Cities metro expanded eastward, the city quickly was quickly developed with both residential and commercial construction. Woodbury is now the 10th largest city in Minnesota, and shows no signs of stopping. As a result, Woodbury real estate is in extremely high demand as families move to the St. Croix River Valley area.

Located less than 10 miles southeast of St. Paul, Woodbury is the perfect suburban retreat for those who work in the capital city. However, many Woodbury residents work even closer to home. The Hartford and Target Corporation are located in Woodbury, and 3M, Minnesota’s largest employer, is located in neighboring Maplewood. As the city continues to grow in population, more and more companies are forming their headquarters in and around Woodbury. The strong local economy is just one reason Woodbury is a great place to call home.

Read more

The pros and cons of selling your home in the fall

Key insights:

  • Fall can be a difficult time of year to move if you’re a buyer or seller with school-aged children
  • Fall buyers are typically highly motivated, meaning that sellers could get a fast path to the closing table
  • The Midwest’s gorgeous fall season makes it easy to show off the natural beauty of a neighborhood and the homes within it

Thinking of selling this fall? We analyze the pros and cons to give you insights you can use as you make the call.
Read more

How to Make a Good First Impression

How to Make a Good First Impression

When showing your property, you only get one chance to make a good impression. The following are some suggestions that can increase the desirability of your property to potential buyers. And help you sell at the best price, in the least amount of time.

When showing your property, you only get one chance to make a good impression. The following are some suggestions that can increase the desirability of your property to potential buyers. And help you sell at the best price, in the least amount of time.
Read more

How long does it take to build a new construction home?

Key insights:

  • Depending on customizations, a new construction home can take anywhere from three months to one year
  • By purchasing a less customized home, you may be able to expedite your timeline
  • New construction buyers can attend the Parade of Homes to get a better feel for developments and home styles

As you might expect, the development timeline of a new construction home is dependent on the customization done to the property. Let’s look into the three types of builders and how their customization and timelines vary.
Read more

What Sellers should NEVER say to Buyers

WHAT SELLERS SHOULD NEVER SAY TO BUYERS

By Judi Wolfson and Elaine Shreiber

“OPEN MOUTH, INSERT FOOT…”

The door bell rings, you grasp the knob, and throw one last glance around. As your daughter quickly puts the vacuum cleaner away, you open the door with a big smile. There stands an agent and prospective buyers.

Read more

Request Excellence

Did you know….. You can request Excellence. As a client, you may be assigned to a realtor, but as the client, you can request the Best!

Requested Relocation Realtor Justyna Johnson along with Edina Realty provides the very best the St. Paul/Minneapolis area serving Woodbury, Maplewood, Cottage Grove, Lake Elmo, Stillwater, Oakdale, West Lakeland and Eastern Wisconsin. Request Justyna for your relocation needs and be “wowed”. Recipient of the Edina Realty Silver RELO award. Specially Trained to assist you with all relocation companies. Preferred agent with Your Relocation Company including: Sirva, Cartus and many more.