3 Factors for Home Sellers to Consider Before They Accept an Offer

You recently listed your home on the real estate market, and now, you’ve received your first offer. However, you only have a short period of time to review the proposal and accept, reject or counter it.

Determining how to handle an offer on your home can be challenging. Fortunately, we’re happy to help you fully evaluate an offer so you can make an informed decision.

There are numerous factors to consider as you review an offer on your house, including:

1. Price

In some cases, homebuyers may submit a “lowball” offer in the hopes of getting a seller to jump at a quick sale. If a home seller accepts this offer, a homebuyer is able to purchase a terrific home at a bargain price. Conversely, if a home seller rejects or counters the offer, a homebuyer may have an opportunity to reconsider his or her options.

As a home seller, you should consider how much you are willing to accept for your residence before you add it to the real estate market. By doing so, you can list your home for a fair price and act quickly and effectively as you receive offers.

Also, flexibility is paramount for home sellers. And even though you may list your home for a particular price, you may want to consider accepting an offer below your initial asking price if you’re looking for a quick sale.

2. Sale of a Buyer’s Home

Although a homebuyer may submit an offer that is at or above your initial asking price, the proposal may have strings attached that could slow down the home selling process.

For instance, a homebuyer could make an offer that is contingent upon him or her selling a residence within a set period of time. But if this homebuyer is unable to sell his or her house, your home sale could fall through, which could cost you both time and money.

In this scenario, consider your options carefully. If you believe you can receive other offers from homebuyers who don’t require this contingency, you may be better off rejecting or countering the proposal.

3. Your Timeline

If you’ve already secured a new home and need to sell your current residence as quickly as possible, you may want to consider accepting an offer even if it is below your initial asking price.

On the other hand, if you are able to afford two mortgages for an extended period of time, you may be better equipped to wait out a slow real estate market.

When it comes to determining whether to accept an offer on your residence, consulting with your real estate agent usually is a great idea. This professional can offer expert resources you might struggle to find elsewhere and empower you with the insights you need to make the best decision possible.

Consider the aforementioned factors as you evaluate an offer on your home, and you should be able to accept, reject or counter a proposal with confidence.

Fences Can Help Protect Privacy, Property, and More

Deciding to put up a fence on your property may seem like a simple decision, but there are a lot of things to consider before hiring a contractor to get it done.

One question to ponder is whether your neighbors might be offended or annoyed by the sudden appearance of a fence near the edge of their property. The answer to that question would partly depend on your relationship with your neighbor, the size of your lot, and whether the fence is tasteful or an eyesore. The problem with that standard is that “tasteful” is in the eyes of the beholder!

Tall fences can and sometimes do have a way of changing the look and feel of your immediate neighborhood, so the installation of a fence could potentially cause resentment from other property owners. The decision to put up a fence on your property is a personal one, but there’s also a lot of value in maintaining friendly neighbor relations. (It can be a delicate balance!)

One Step at a Time

In some places, local ordinances or Homeowner Association rules may impose restrictions on fences and other structures. Many towns and municipalities require that you (or your contractor) obtain a building permit before putting up a fence, so a quick phone call or email to the appropriate local official can shed light on requirements, restrictions, and other assorted rigmarole!

Since the cost of installing a fence can easily run into the thousands, it always pays to get a few estimates and proposals from reputable fence companies. Other decisions include choosing the best height and composition of the fence. Fencing materials range from metal and chain link to vinyl and wood. Composite fencing materials are also an option.

Your choice will depend on a lot of factors, including cost, durability, maintenance aspects, and appearance. Online information, free brochures, and meetings with contractors can help you learn more and make an informed decision.

Once you’ve moved beyond the potential issues of installing a fence on your property, there are several distinct advantages to fencing in your back yard.

  • Enhanced privacy: While “privacy” can mean different things to different people, a tall fence offers an immediate solution to a variety of privacy-related problems. 
  • Pet containment: If you don’t always have the time or energy to take your dog(s) for a walk in the neighborhood, it’s a major convenience to be able to let them out in a contained area to relieve themselves and get a little fresh air. It can also be a good way to keep them safe and out of trouble!
  • Wildlife barrier: Although there are often gaps at the bottom of fences that prevent fences from being completely wildlife-proof, a properly installed fence can drastically reduce the chances of wildlife sneaking their way into your back yard. Whether you want to protect your vegetable garden or pets from wild animals, a solid fence can be the barrier that you need.
  • Increased security: While fences are not always an impervious barrier to burglars, trespassers, and other intruders, it does provide some protection from those potential threats.

If you’re searching for a new home or looking to improve your existing property, the right kind of fence can provide you and your family with a myriad of benefits.

Open house on 8/6/2017 at 11 Monument St Boston, MA 02129


Date: 08/06/2017 Time: 2:00 PM to 3:00 PM  
For Directions: feel free to contact me.  
For more information: click here for the full details  

New, 13 room, 5 bedroom, 4 full and 2 half bath 2 family Home! Over 3700 sq ft of living, with impressive bedrooms, spacious living and dining rooms, beautiful kitchens and baths..Nothing to do but move in, or rent. Steps to Monument! Views from multiple decks. Newly landscaped city yard and more…Ideal 1031 exchange property…….

Open house on 8/6/2017 at 11 Monument St Boston, MA 02129


Date: 08/06/2017 Time: 2:00 PM to 3:00 PM  
For Directions: feel free to contact me.  
For more information: click here for the full details  

New Price, Spacious 2 Plus bedroom, 2.5 Bath, with Gorgeous Exclusive Yard , STEPS TO MONUMENT! Both Bedrooms have full en-suite baths with dbl Vanity. Family room would make a nice guest room. Main level is floor through with Open concept living and dining. Gorgeous Stainless/Quarts Kitchen with Island and sliders to grilling area. Sunny, Private Master bedroom with porch and views of C-town Monument. Fine clean transitional finishes, Modern LED lighting and professional closets!

Open house on 8/6/2017 at 11 Monument St Boston, MA 02129


Date: 08/06/2017 Time: 2:00 PM to 3:00 PM  
For Directions: feel free to contact me.  
For more information: click here for the full details  

New Price, Spacious 3 Bedroom, 2.5 Bath, Steps to Monument! This unit features a large Master Suite with private deck and views of the monument, walk in closet and en-suite bath with double vanity and oversized shower. Top floor bedroom level is Sunny and floor thru with good sized accessory bedrooms and a second deck off a study, plus laundry. Gorgeous Hardwood throughout and clean transitional finishes, LED lighting and professional closets. Sparkling new stainless/quarts kitchen with island. Open concept living/dining and much more…Located in the heart of Charlestown, a walkers paradise!

Open house on 8/6/2017 at 14 Bartlett St Somerville, MA 02145


Date: 08/06/2017 Time: 12:00 PM to 1:30 PM  
For Directions: feel free to contact me.  
For more information: click here for the full details  

Solid Victorian, steps to planned green line stop. Maintenance free siding and great curb appeal with charming wrap around porch on the exterior. Large rooms, tall ceilings, and character within..Almost 2000 sq ft of living.. Interior needs renovating.. Bring your HGTV inspiration and make this your own.. Open Sunday 12-130…. Seller will review any reasonable “As is” offers, Tuesday at 5pm…Showings begin immediately.

Create Healthy Neighborhood Boundaries

As little as four decades ago, it was common for Americans to know their neighbors. Homeowners and apartment dwellers knew their neighbors on a first name basis. Young children played with neighboring children, engaging in street races, jump rope,stick ball or flag football. Go back generations and you’d see adult neighbors visiting each other’s homes, playing cards, sitting lemonade and chatting and laughing on the front porch.

American neighbors have changed so much over the years

It was as if the entire neighborhood was one big family. Today, few Americans know their neighbors first names, let alone take the time to engage in a sincere conversation with their neighbors. Busy schedules, choosing technology over in-person connections and reports of neighborhood crimes are some of the reasons why Americans erect invisible fences and keep neighbors out.

Coming out of the Great Depression, Americans may have sought and found solace in relationships that they developed with their neighbors. A similar shift happened after 9/11. People accepted each other more readily, even turning away from long held prejudices. But, the neighboring effect only lasted a few weeks.

Don’t turn your neighbors into strangers

It’s not hard to realize the benefits of developing and nurturing healthy relationships with neighbors. Yet, these relationships don’t just happen. To create healthy neighborhood relationships, you need to:

  • Speak with neighbors each time that you see them (This means that you don’t only speak with neighbors when you want them to do you a favor or when you’re on your way to church.)
  • Offer to help neighbors when you the need arrives (For example, you could offer to assist neighbors if they’re struggling to carry groceries onto their front porch. You could also offer to help neighbors during weather storms.)
  • Support neighborhood and community initiatives (Examples of this includes attending city council meetings, joining community preservation organizations and attending community festivals and holiday events.)

Support neighbors. Develop healthy relationships with neighbors without over stepping healthy boundaries. Specific boundaries that your neighbors want vary person to person. For example, some neighbors may prefer to keep relationships at a distance. Other neighbors may enjoy chatting each time they see you.

You really don’t have to argue and fight with neighbors

To create healthy neighborhood boundaries you can engage in conversations with neighbors when you see each other outside. You can excuse yourself when you notice that neighbors are hurrying to get inside their house or are hurrying to get to an event away from home.

By teaching your children to call before they stop by a neighbor’s house, you can prevent your neighbors from feeling uneasy when you happen upon each other. If neighbors know that you won’t stop by without calling first, they can feel confident that they can let their hair down while they’re at home. They know that neighbors won’t stop by unannounced.

To create healthy neighborhood boundaries, you may also have to train your pets. Stop your pets from relieving themselves in neighboring yards. Pick up after you pets if they relieve themselves while you’re walking them around the neighborhood.

These boundaries demonstrate to neighbors that you respect them. It’s this respect that helps relationships to develop in healthy, rewarding ways.

Single-Family – 14 Bartlett St Somerville, MA 02145 is now new to the market!

Solid Victorian, steps to planned green line stop. Maintenance free siding and great curb appeal with charming wrap around porch. Large rooms, tall ceilings, and character within..Almost 2000 sq ft of living.. Interior needs renovating.. Bring your HGTV inspiration and make this your own.. Open Sunday 12-130…. Seller will review any reasonable “As is” offers, Tuesday at 5pm…

This is a Victorian style home and features 7 total rooms, 2 full baths, 4 bedrooms, 0.09 Acres, and is currently available for $849,900.

For complete details click here.