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When you imagine a peaceful paradise, what do you see? Is it palm trees swaying or a misty morning in a sprawling pine forest? Whatever you envision, the chances are that you’re not seeing piles of stuff in every corner. Clutter keeps your home from being that peaceful paradise — but the good news is that there’s an easy way to win the battle against stuff.

The key is to create an organizational strategy that works for you. That means you’ll actually want to use it — which, in turn, means you won’t give up on it after a few months and end up buried in clutter again.

To make that organizational strategy a reality and turn your home into a relaxing retreat, you’ll need to take these simple steps.

Don’t let mental clutter stop you from getting organized

Sometimes, clutter is just as much about what’s in your head as what’s in your home. Seeing so much stuff can be overwhelming — and if you’re not sure where to start, it’s possible that you’ll never want to start at all. This is part of the reason why clutter quickly gets out of hand: It’s easier to brush it aside than to address what’s going on under the surface.

To successfully organize and declutter your home, you’ll need to deal with mental clutter first. Here are a few things to keep in mind — and a few to get out of your mind while you’re at it.

Make a plan

Your first order of business should be making a plan to help you start organizing. It doesn’t matter which decluttering method you choose or where you prefer to begin — what’s important is that you have a clear path to follow. This helps you know where to start, which steps to take in what order and how to prioritize your rooms. Plus, having a plan means you’ll be able to see — and feel motivated by — your continuing progress.

Get others on board

Let’s face it: If you’re the only one organizing, you won’t make much ground in the battle against stuff — and that’s its own kind of mental clutter.

To be sure you’re actually making progress, it’s important to get others on board. This can be as simple as getting the kids to put their toys away or as intricate as working with your spouse to design decluttering methods that work for both of you. No matter who’s in your house, get them to help — or at least get them to stay out of your way.

Start with the easy stuff

Part of why decluttering the house feels so difficult is the sheer amount of work you expect from a job like this. To make it easier, give yourself permission to start with the easy tasks. Get rid of clothes you don’t wear anymore, toys the dog doesn’t play with, knickknacks you never liked anyway and even furniture that just doesn’t fit in your space. By eliminating this first round of clutter, you’ll feel like you’re making great progress and you’ll have a clearer view of what still needs organizing.

Acknowledge your emotions

Sometimes, clutter sticks around because you’re emotionally attached to it one way or another. To make sure feelings don’t get in the way of your organizing journey, be sure to acknowledge your emotions — but don’t be ruled by them. The key is to find your ideal balance between logic and nostalgia.

For example, a snowglobe from your first family vacation may not serve a purpose, but it’s an important keepsake. On the other hand, a wall-hanging from a friend might stick around just because you feel too guilty to take it down — which means it’s just adding clutter to your space.

Battling stuff

To win the battle against stuff, you’ll need to know how to address different spaces in your home. Here are a few tips that can help turn the tides in your favor.

  • Use the Peter Walsh method.

This one likely won’t work in big spaces, like living rooms or kitchens, but it can be a big help for closets, kids’ play areas and more. According to Forbes, the Peter Walsh method of decluttering starts by removing everything from a certain space. Once the room is empty, start putting items back one at a time. As you do, you’ll notice what stuff you actually want in the room and what feels like clutter.

  • Try the 365-day method.

This method usually takes a year, but if you’d prefer your organizing journey to be a sprint instead of a marathon, you can shorten the timeframe.

Take all the clothing hangers in your closet and turn them in one direction. As you wear clothes, turn the hangers the opposite direction so you know you’ve used them recently. At the end of a year (or however long you want the method to take), you’ll have a visual representation of what you actually wear and what can be donated to free up extra space.

  • Don’t forget the junk drawer.

It can be tempting to take stuff without a home and cram it into the junk drawer — which is why you should challenge yourself to declutter that, too. Chances are, your junk drawer has a lot of clutter that can be reorganized, stored elsewhere or thrown away. You can use a drawer organizer or drawer divider to help win this particular declutter challenge.

  • Consider a garage sale for kids’ toys.

Having a hard time convincing the kids to let go of toys they don’t use anymore? One simple trick is to plan a kids’ garage sale. The little ones may not like the idea of their stuff walking away in a stranger’s hands — but they will be excited to help out if you give them the money from anything they manage to sell.

Designing a more peaceful home

Decluttering isn’t all about getting rid of stuff. It’s also about giving every item a home — that way, you won’t slip back into bad habits. To make your house that perfect paradise, try some of these solutions that will lay the groundwork for a lifetime of organization.

Savvy storage solutions

If you come across something you don’t want to get rid of but don’t really want sitting out, you’ll probably want to shove it into a storage space. However, these areas quickly get overwhelmed when you use them as a cure-all. To keep household items from overflowing from the drawer or spilling out from under the bed, create more storage space throughout your home. For example, you could add shelves to the garage or laundry room, use office or home gym closets for household stuff, buy furniture with built-in storage and more. According to Better Homes & Gardens, you can also consider going vertical with your storage solutions to save space.

When choosing how and where to store your stuff, remember that even the cutest storage solution is no good if you won’t actually use it. Make sure storage fits into your life — not the other way around.

Clever closets

If you have a linen closet or other storage space in your laundry room, mud room, hallways or garage, use it to your advantage. Instead of stuffing them with, well, stuff, use them as a home for items that have a tendency to get lost or end up in the way — for example, keeping shoes in a closet by the front door so they’re not all over the house, or hanging keys in a closet when you come in from the garage. That way, you’ll always know where these things are, because you’ll have to pass them to get out the door.

Choosy children

If you have young kids — or even teenagers — you’ll want to create organization techniques they can be on board with. If it’s too much work, little ones might lose interest, while older kids might just forget — so when it comes to getting kids organized, keep it simple. For example, make sure little hands can reach the drawers they need to use to put their toys away, and give teens the tools they need to organize their own space (so their stuff doesn’t end up in yours).

Helpful habits

To get into good organizing habits, it’s important to pay attention to the little stuff. For example, throw out empty containers in the kitchen and bathroom, get rid of broken items you’re never going to fix and — perhaps most importantly — don’t buy things on impulse. It’s okay to add a knickknack or decoration to your home now and again, but impulse buys can end up as clutter you’ll just have to deal with later.

Limiting future clutter

Once you get your home organized and decluttered, the last thing you want to think about is having to do it all over again. The good news is that there’s one approach that can help out: minimalism.

According to Good Housekeeping, minimalism is the practice of “living with less.” It’s all about simplicity and stress-free living areas — but that doesn’t mean it has to be boring. Here are a few ways to adapt minimalism to your needs and make this decluttering method a lifestyle.

  • Learn why you have too much stuff in the first place. If you’re guilty of impulse buys, recognizing that habit can help you reach your minimalist goals. Similarly, if you tend to keep things for nostalgic reasons, you could consider adapting to mementoes that don’t gather dust — like pictures stored in a digital file.
  • Don’t take it too far. Minimalism isn’t about getting rid of everything you own. In fact, if you try to take it too far, you’ll burn yourself out — so make minimalism part of your life rather than letting it have total control. Start small — maybe just one room at a time — and see what’s most comfortable for you.
  • Pay attention to what’s meaningful. Avoid items that have no purpose or value beyond aesthetics — no matter how cute they might be. Instead, try decorating with things that are meaningful to you. Remember, “meaningful” is up to your personal definition — so even if something doesn’t feel particularly minimalist, you should hold onto it as long as it actually makes you happy.
  • Have a purpose. Good Housekeeping recommends having a purpose for your minimalist lifestyle. Understand why you’re making these changes — to save money, try a new decluttering method, simplify your life or something else — and use that as motivation to guide you.

Start fresh with Bungalo®

There are a lot of reasons to declutter — but for many people, the journey begins when it’s time to pack everything up and move to a new home. If you’re hoping for a fresh start, make sure organization is one of the first things on your list; after all, there’s no better time to get rid of extra stuff than right before you have to drag it across town or even across the country. Plus, a new home is the perfect opportunity to create and stick to organizational techniques that you’ll actually maintain.

Another thing to keep in mind is the home search itself. If you look for houses with ample storage space, like big kitchen cabinets or plentiful shelves, you won’t end up cramming things in closets or under beds while you’re trying to move in. Also, if you really want to win at your home search, keep in mind that Bungalo Certified houses come with guarantees that your new place is free of issues from electrical to HVAC and beyond — which means you won’t get any nasty surprises when you’re trying to organize your new home.

To get started finding your peaceful paradise, browse Bungalo listings today. This article is meant for informational purposes only and is not intended to be construed as financial, tax, legal, real estate, insurance, or investment advice. Bungalo always encourages you to reach out to an advisor regarding your own situation.

If just hearing the words “increasing home value” is enough to send a shiver down your spine, you’ve come to the right place. Upgrades and home improvements don’t have to be stressful to increase resale value — and knowing where and how to invest your time will make every project feel more like progress.

Roll up your sleeves, grab a hammer and get ready to learn about home improvements that your wallet — and every potential buyer — will thank you for when moving day rolls around.

Home improvements that add value

Whether you’re buying a renovated house or are working on your own fixer-upper, one thing is clear: Paying attention to home value from day one will keep you from making mistakes that could hurt your chances — or your bottom line — if you ever want to sell. The truth is that every home buyer is unique, but no matter their values, they often care a great deal about curb appeal.

Isn’t curb appeal subjective?

Curb appeal might just be one of the most subjective things in the real estate world. One person’s front yard fountain installation could be another person’s blocked view of the front porch. So how do you know what to do and what definitely not to do when choosing home upgrade projects that increase a home’s value?

Your best bet is to keep it simple.

If your goal is to sell your home, whether that means now or in ten years, make sure you do everything with curb appeal in mind. That means making your choices carefully — for example, take care of the lawn (who doesn’t love a lush green front yard?) and avoid additions that might make buyers drive right on by. Basically, don’t do anything a house-hunter will have to pay to undo later, or your resale value will suffer.

Maybe you’re not really a hammer-and-nail type of person. If that’s the case, don’t worry — when you buy or sell with Bungalo®, renovation projects big and small are handled for you.

What boosts curb appeal?

Because curb appeal isn’t so easy to pin down, it may be helpful to think of other words to inform your renovation planning. For example, do you want your house to be welcoming, homey and warm, or would you rather go for stately and impressive?

Either way, curb appeal adds home value — and achieving that perfect aesthetic is a long-term project. Luckily, you can get started as soon as you walk in the door for the first time.

Here are a few things that boost a home’s curb appeal:

Gardening

Gardens are blooming with possibility — literally. Adding a garden to your yard increases curb appeal by giving your house a fresh, living component that could juxtapose wonderfully with wood, brick, vinyl or stone siding. It also makes spaces feel more dynamic — for example, gardens can make square front yards look less geometric and more like home.

Gardens also promise an element of self-sufficiency that many house-hunters are drawn to. If you can make them imagine looking out over the yard while enjoying a garden-fresh salad full of homegrown vegetables, you’ve achieved house-selling magic: getting buyers to picture themselves settling down in your home.

Patios and decks

Patios and decks, while eye-catching, are also an opportunity to get more out of your yard: more curb appeal and more home value. Adding them, however, should be a calculated decision. Going overboard can make your yard seem small and cramped, while an undersized deck or patio won’t serve much purpose for entertaining or relaxing. If you already have a patio or deck, you’re in luck—all you need is a fresh coat of paint to boost your home’s curb appeal.

Updated roofing

Your home’s roof has a big role to play when it comes to curb appeal. A worn or moss-covered roof can make even the nicest house look shabby.  Plus, savvy buyers know that roofing is a big cost, so they may not be interested in a home that could put a dent in their finances right away. That’s why Bungalo certifications are such a big deal: They guarantee that every house has had all of the big stuff, including the roof, taken care of.

Also, in the 2019 Remodeling Impact Survey, the National Association of Realtors reported that updated roofing has a big impact on sales and is highest on the list of completed projects that appeal to buyers. 33% of surveyed realtors said that an updated roof was critical in closing on a home, and the study found that roof replacements had a 107% return on project cost.

Garage door

Adding a new garage door also topped the NAR’s list of projects buyers love to see completed. Because garages can add to overall home value, increase curb appeal, it makes sense to put a new garage door at the top of your to-do list.

Long-term planning for reselling your home

Even if you’re in love with your home right now, there’s no guarantee you’ll stay in the same place forever. That’s why it’s smart to start planning high-value renovations as soon as possible, so any potential buyer might be more interested in your property, andyou get to enjoy the home upgrades until then.

What this doesn’t mean is that you need to work on every home improvement project right away. Instead, choose renovations that prospective home buyers might consider valuable, both now and in the future, and start working on those one at a time.

Thinking ahead

Today’s homebuyer won’t necessarily have the same values and priorities as tomorrow’s, and, unless you have a crystal ball, there’s no way to know for sure what the future will bring. Still, a little informed guesswork can go a long way.

Take, for example, environmental friendliness. According to the Office of Energy Efficiency & Renewable Energy, 40% of U.S. energy goes toward homes and commercial buildings, meaning that energy efficiency upgrades are likely to get even more popular.

Here are a few recommendations for energy efficient upgrades:

  • Install newer lightbulbs and fixtures
  • Look for the government-backed ENERGY STAR logo when buying appliances
  • Make sure existing appliances are functioning efficiently
  • Repair air leaks in windows or ductwork
  • Install solar panels to save money on energy bills

These home upgrades will likely appeal to buyers no matter when you sell your home — and, in the meantime, you’ll enjoy the benefits (and do a little good for Mother Earth along the way).

Financing home improvements

Another element of long-term home improvement planning is, of course, the finances. How do you afford larger projects or upgrades that require a contractor? Here are a few tips.

  • Budget accordingly.

Creating a solid budget for home improvement projects is an absolute must — that way, you don’t end up spending more than you’ll get back in your home’s value. It’s also smart to plan ahead and start saving or budgeting long before you actually begin your home upgrades.

  • Get bids — and then throw out anything that seems too good to be true.

According to This Old House, you should get bids from multiple contractors so you can compare prices. Costs are broken down into three categories: materials, which should represent 40% of the cost; overhead, which should be 40%; and profit margin, which is typically 20%. It’s also important, the source explains, to take bids with a grain of salt. Prices that seem too good to be true often are.

  • Arrange payment plans.

If you budgeted ahead of time, you may have more flexibility when it comes to payment plans. Either way, make sure the contractor you choose is clear and open about their payment expectations, especially when it comes to down payments.

  • Don’t pay cash.

According to Forbes, you always want to pay contractors with checks or credit cards. Contractors asking for or insisting on cash may be trying to scam you.

Kitchen remodels that sell

Home buyers may have different priorities when touring houses, but one thing most of them can agree on is the importance of the kitchen. It’s the heart of any home — or, at least, it will be, once you’re done making a few tweaks.

Flooring

Flooring brings a space together, sure — but in the kitchen, its primary objective is to be functional. If your current kitchen flooring is doing its job, you might consider spending time and money on other home improvement projects. On the other hand, if the flooring is outdated, warped or a hazard to the home cook, it’s definitely worthwhile to swap it out. Consider choices that look good and won’t negatively impact your home’s value, but don’t feel obligated to jump straight to the most expensive option (like hardwood floors).

Stainless steel appliances

If you only have the time, money or energy for one kitchen remodel, make it this one: According to HGTV, stainless steel appliances help increase home value. Buyers like the look and functionality of a kitchen with these sleek silver accents — and you’ll enjoy how easy it is to keep your new appliances clean in the meantime.

 

DIY upgrades

If you’re not ready to go all Property Brothers on your kitchen remodel, don’t worry — there are some minor upgrades you can do as a DIYer.

  • Update the backsplash. Find an interesting pattern or attractive tile that matches your countertops. It’s easy, affordable and improves the value of your kitchen.
  • Change out the light fixtures. New or brighter fixtures can change the whole mood of your kitchen — and they might be more energy-efficient, too.
  • Paint the cabinets. If you don’t want to spend the time and money necessary to replace cabinetry, just grab a bucket of paint and a brush. Make sure to choose colors that stand out but don’t risk impacting your home’s value.

Home improvements in the bathroom

Bathrooms may not be the heart of your home, but they’re a pretty big deal — especially to buyers trying to judge the functionality of your floor plan. Here are some ways to create a bathroom oasis that you — and future buyers — will love.

Paint

According to Consumer Reports, your best bet for bathroom paint is satin or semi-gloss. Stay away from textured paints that will turn this humid part of the house into a breeding ground for mold. Plus, the source explains that flat or eggshell finishes make everyday cleaning a chore — which buyers won’t like at all.

Fixtures

Faucets, shower heads and even sinks and toilets are considered bathroom fixtures. While updating these might be more work, they are often the elements of your bathroom that draw the most attention — so start small, like choosing a new faucet for the sink, and work up from there.

Vanities

If your bathroom vanity is outdated, falling apart or just plain boring, consider replacing it with a DIY build. Dressers or cabinets from your local second-hand store or flea market make great statement pieces, especially when painted to match your bathroom’s aesthetic.

Get top dollar with Bungalo Homes

From gardens and decks to kitchens and bathrooms, home upgrades make a huge impact on your home’s value and curb appeal. When timed just right, they also provide plenty of enjoyment for you until you sell your home.

Don’t feel like grabbing a hammer to sell your house or move into a new one? Not to worry — Bungalo renovates homes for you, so whether you’re buying or selling, you won’t have to lift a finger. Start working with Bungalo today to get top dollar the easy way.

This article is meant for informational purposes only and is not intended to be construed as financial, tax, legal, real estate, insurance, or investment advice. Bungalo always encourages you to reach out to an advisor regarding your own situation.

If you’ve decided to sell your house, there are a few things you should consider before putting it on the market. For example, are you hoping to sell your house more quickly or for maximum value? Does your region have housing market patterns that differ from the rest of the U.S.?

We can help guide you through the varieties within the home selling market to help you narrow down exactly when you should sell your house — whether based on season, region or month.

At Bungalo®, we understand the home buying process from start to finish and we work hard to make it easy for homeowners looking to buy and/or sell. We created Bungalo to help new and existing homeowners take control of the process from buying a home to figuring out when is the best month to sell a home. (For more helpful guides, explore our blog.)

The home selling market through the year

Although it can be tempting to put your house on the market the moment you’re ready to sell, that’s not usually best practice. You may luck into a particularly beneficial time during the year for the housing market, but we wouldn’t advise you to take that as a given.

One important reason to specifically choose the optimal month or season to sell your home is that the housing market ebbs and flows throughout the year. If you choose an “off-season” in which demand is low, you may end up with offers below market price or — worst-case scenario — struggle to sell at all.

However, if you do your research, you can put your home on the market at the best time for you as a home seller. This can result in offers at or above your home’s estimated value and a plethora of buyers who are all ready to commit to a new home.

So when is the best time of year to sell a home?

Many experts would say spring is arguably the best season for selling. According to The Mortgage Reports, if you sell your home in spring, you can expect to sell it 18.5 days faster than other seasons and receive 5.9% more money. Due to this, it’s also one of the most competitive times to sell a home, so you could find yourself not doing as well if your home hasn’t been updated to prepare for extra competition from other homes.

This may also not be the best time for you to choose to sell your home if your area is still rainy or snowy. If that’s the case, summer is probably the better option of the two warmer seasons.

The summer months are almost as popular a time to sell as spring, as it’s generally nice weather, longer days and a preferred time of year for moving and changing homes. After all, if it’s summer, you don’t have to worry about moving while kids are still in school or when family events may be happening. It’s also great for the seller because buyers feel pressured to purchase and move into their new homes before the start of the school year.

Fall and winter are the less popular months for selling a house. However, there are areas in which these two colder seasons are actually quite temperate, which makes them popular times for the housing market.

Regional and long-term effects on selling conditions

As you research the best season for sellers in the housing market, you’ll also discover that the competitiveness and popularity of each season depending on the region in which you’re selling your home.

Specifically, in warmer areas, such as Arizona, Florida, Southern California and Texas, fall and winter can actually be the most popular and potentially lucrative times to sell. In these regions, the weather is more temperate, so the temperature isn’t scorching hot — imagine house hunting in triple-digit heat — and buyers also aren’t in the middle of the more volatile seasons that can produce hurricanes or tornadoes.

If you’re in an area where the late fall or winter has nicer weather, this can be a great time in the housing market for you. Buyer demand may also be encouraged by the end of tax season — closing on a home before the end of the year means buyers can take advantage of tax breaks.

Look into the ins and outs of your local real estate market to help determine when to put your house up for sale. Most areas have specific location-based housing market patterns that can help you get the best price for your property. If you put it up during peak home-buying season (when buyer demand is at its highest), you’ll benefit from increased interest, which will then encourage more competitive offers.

Picking the best month to sell a house

Now that you’ve narrowed down which season you want to sell your house, you can start to break down which month will get you the best home price results.

As previously discussed, your home’s region and location will definitely impact the optimal season to sell your house, but you can also look at nationwide trends to guide your decision.

What are the best months to sell a house?

Although spring is the best season to start selling your home, the best three months include two summer months, according to LendingTree. The months, in order, are:

  1. June
  2. May
  3. July

Each of these months shows the highest number of sales, median sales prices and seller premiums out of the entire year. In fact, if you break it down by day, the best time of the year to sell your home is between mid to late June.

If you plan to list your home during these three months, your odds of getting a great deal are much higher than during the colder times of the year.

However, bear in mind that the specific best month to sell may change depending on the current housing and economic market conditions. For example, due to COVID-19, many homes continued to sell extremely well into July and into the fall seasons, even in locations that don’t ordinarily have the best conditions during those times.

What are the worst months to sell a house?

Conversely, the three worst months to sell a house across the U.S. are all during the colder, fall to winter months:

  1. December
  2. October
  3. November

Besides the weather, an additional factor that makes these difficult times to sell a home is that they’re all holiday seasons. This is already a busy time for most people as they confirm travel plans or prepare for events, so it’s not usually ideal for buying and moving to a new home for buyers. However, it’s a good time for homebuyers who are looking to get a great deal on home prices, because the market is less competitive. By contrast, it’s not a great time for sellers to put their homes on the market if they’re looking for the best offers.

Selling your home for maximum value in any month

One of the main reasons home sellers should carefully consider when to put their homes on the market is because, in general, the market is out of their control. Choosing the right time to list is one of the best ways that sellers can help ensure their house sells quickly and for the best price.

Yet there are other straightforward ways to maximize your home selling experience and outcome. The key is to present your home in the best possible way, which you can do by setting the right price and investing in home repairs that add value.

Sell for the right price

When you put your home up for sale, you’ll need to set realistic price expectations. This means that home sellers should take the time to figure out the true value of their property and avoid over- or underpricing their home.

If your home price is more expensive than it should be, your property will have less buyer demand, resulting in fewer offers and longer selling times. Similarly, more home buyers are looking at houses within certain price ranges, so if yours is outside of that spectrum, it’ll be even harder for potential buyers to find your home.

When a home takes a long time to sell, it also makes buyers wary of your property listing. As your home stays on the market longer and longer, you may end up dropping the price as well, which will negatively affect your listing’s reputation. As far as prospective buyers are concerned, this may be an indication that there is something wrong with the house or the seller themself.

Make sure your home is in the best condition

Part of the home buying process includes a home inspection of the property. If any issues are highlighted, buyers may want to renegotiate their offers or even drop out of the home purchase. Avoid this possibility by inspecting your own home for potential issues in advance.

At Bungalo, all homes that we sell have been inspected and certified multiple times, from top-to-bottom by our professionals to be Bungalo Certified. This extra step ensures that the buyers are fully confident in their purchase and sellers don’t have to worry about surprise problems. Our guarantee even includes 90-day post-close protection and a 1-year home warranty — because we are confident in the homes that we sell.

This extra step will help prevent any unnecessary pauses or bumps along the home selling and buying journey.

Consider home repairs that add value

To encourage buyer demand, you want your home to appear as attractive and competitive as possible compared to other houses on the market. This means investing in home improvement projects that don’t cost more than you can afford but still add value and appeal to your home.

Consider projects such as:

  • Repainting walls
  • Updating floors
  • Repairing driveway cracks
  • Installing new kitchen appliances
  • Renovating the bathrooms
  • Adding protective additions (hurricane shutters, new gutters, etc.)

With these upgrades, your home will stand out among other real estate listings and increase your chances of buyer demand.

Streamline the home buying and selling process with Bungalo

Selling your home doesn’t have to be a complicated or stressful process. Although the housing and real estate market may be outside of your control or comfort zone, there are ways to ensure you get the best home price for your house in the most efficient time.

By researching your area’s specific trends and the best months to list your home, you can understand what buyer demand may look like throughout the year, and create a smoother transition from homeowner to home seller.

If you’re interested in learning more about Bungalo’s streamlined and efficient all-in-one home buying service, check out our how-it-works guide.

We help new and returning home buyers find their perfect match, without the fuss and hassle of traditional real estate processes. Because our platform is interactive and transparent each step of the way, our buyers can be sure that every listed home meets top-of-the-line professional standards.

This article is meant for informational purposes only and is not intended to be construed as financial, tax, legal, real estate, insurance, or investment advice. Bungalo always encourages you to reach out to an advisor regarding your own situation.

What is home staging and why is it so important to you as a soon-to-be seller? Well, when you put your house on the market for a prospective home buyer, your property is taking center stage for all intents and purposes. Like the protagonist in a major motion picture or a Tony Award-winning actress on Broadway, appearances matter when your house is being judged for its overall quality. How – or to what degree – it resonates with a given home buyer or audience is largely a product of how it performs under the proverbial limelight.

Do you know what it takes to increase your house’s curb appeal? Is your living room set up in a manner that would catch the eye of a potential homebuyer? Should furniture be included in your pictures, or is it better for each room to stand on its own and clutter-free?

These questions and more are all part of the home staging process, which, admittedly, is not exactly a one-and-done effort. If you’re selling your house but don’t want to deal with sprucing it up as a home stager, you don’t have to – you can sell directly to Bungalo®, even if your house isn’t exactly dressed to the nines. If you are thinking about doing at least some home staging or assuming the role of home stager on a temporary basis, we’ll go over some tips that can help speed things along, adding a sense of urgency for your potential buyer or buyers. But first, it’s important to understand why home staging is so important.

What is the No. 1 purpose of home staging?

There are a number of reasons why home staging makes sense, but the overarching goal – whether you hire a professional stager or tackle the task yourself – is to make it more universally attractive. Whether you’ve been at your current home for a few years or decades, you probably spent a good portion of those years “making it your own,” perhaps by buying comfortable furniture for the living room or reviving the dining room with an elegant chandelier, placed squarely above the dining room table. Home staging, on the other hand, involves the active depersonalizing of the house so it draws more attention to all comers and all tastes.

The typical house in today’s red hot real estate market sells rather quickly. According to the National Association of Realtors, the average is less than three weeks (17 days), as of July 2021. In fact, of all the properties that sold during that period, nearly 90% were up for sale for less than a month.

At the same time, the entire home buying process often takes as much as six months, according to the Home Buying Institute, if not longer. Home staging helps to give your house the legs it needs to remain attractive to a potential buyer from the first day they notice it to the day before closing. Every room of the house should receive as much attention and tender loving care as the next, be it the living room, dining room, bedroom – even the mudroom.

But another selling point on home staging is the financial element. In the National Association of Realtors’ latest Profile of Home Staging report, which interviewed real estate agent respondents, 1 in 4 buyers’ agents said home staging increased the dollar value offered on for-sale houses by between 1% and 5% compared to those who didn’t go about this process. And 15% said offers were 6% to 10% higher for staged versus non-staged homes.

What does home staging involve?

Home staging can be as minimalist or as all-inclusive as you want it to be. Much of the work that you devote to this effort is dependent on the condition of the house as it’s currently constituted. For example, if there is a gaping hole in the wall or noticeable scratches on the front door that would show up in photos, home staging may require hiring a home renovation expert to make the repairs or replacing components of the house. But work as a stager doesn’t necessarily have to be extensive, either. It could be devoted to eliminating clutter that’s accumulated, whether that’s in the living room, dining room or parts of the house that are renowned for clutter, like the attic or basement.

Decluttering may be the single most important component to successful home staging. Nearly 95% of real estate agent respondents in the aforementioned NAR survey said eliminating clutter was crucial to preparing a home for sale. The next most common response was cleaning each room (83%).

From rearranging furniture to painting the walls, home staging activities come in all shapes and sizes.

Now that you know the purpose of home staging, let’s get into a few tips and suggestions. If done right, they can lead to a quicker sale:

1. Build up curb appeal by addressing exterior issues

Before you get to each room, start by assessing how your house looks on the outside. Especially if you’re scheduling an open house, the very first thing a would-be buyer sees is its exterior. So, you want to make the best first impression you can right off the bat. Take an honest assessment of how your home looks. What can you do to make it look like new? Is it in need of a fresh coat of paint? Could the bushes around your property use some pruning to make them more symmetrical? Maybe the house has accumulated dirt that entails a water pressure treatment from a professional.

All these actions help to ratchet up your home’s curb appeal.  

2. Clean, clean and then clean some more

Put yourself in the shoes of a prospective buyer: How would you feel if the house you wanted to buy was a pigsty? It’d be a major dealbreaker, especially if the lack of cleanliness was apparent in the pictures.

Getting your house truly clean goes deeper than once-over vacuuming, putting your kids’ toys away and scrubbing the toilets. In other words, not the household chores you do weekly or every other week. It should involve the activities that take time and elbow grease. This may include washing the walls (like you would before painting), mopping the floors, removing accumulated cobwebs and dusting the blinds and lampshades.

In short, you want it to be so clean that you wouldn’t think twice about eating food off the floor.

3. Give the kitchen its due attention

Speaking of food, of all the rooms in the average house, the room where meals are made is the most visited. In many home setups, the kitchen is also one of the first rooms people see as they step inside. And given that so much activity occurs there, it’s the one that you should prioritize as a stager. 80% of buyers’ agents in the NAR survey pointed to the kitchen as the most common place to receive the home staging treatment. And among buyers themselves, 35% said staging the kitchen was very important to them.

Here as well, the extent of your staging efforts is up to you. But if you want to kick things up a notch by going beyond cleaning and eliminating clutter, you may want to give your cabinets a fresh coat of paint, replacing the countertops if they’re damaged or even replacing the faucet and fixtures. Even swapping out the knobs on the cabinets can go a long way.  

4. Aim for minimalism

Over the course of your tenure as a homeowner, you’ve undoubtedly collected lots of stuff, much of which may be out in the open, such as furniture or electronics. When taking photographs, you may want to remove some of these items. This accomplishes a few things. For one, it helps to further the decluttered look of your living room (assuming that’s where the furniture is located). It also makes rooms appear larger than they do with items taking up space. Finally, a minimalist look depersonalizes each space so a potential buyer can picture in their mind’s eye how they would fill the space should they decide to make an offer.

If you’re unsure of what furniture should stay put or removed, you may want to ask a professional stager for their two cents on the subject. They may recommend keeping certain furniture but repositioning them in such a way that it makes the room look more open. Other strategies that work well are hanging drapes or curtains that match the walls and ensuring that they’re in the open positions to let more light in.

5. Take lots of pictures from worthwhile locations

Open houses and personalized tours allow a potential buyer to get a better sense and feel for what your home is like, but it traditionally starts with point-and-click investigation on home listing websites and mobile apps. Photographs are as must-have as a property’s advertised price. No one is going to buy real estate that they can’t see.

With cameras built into phones, photo-taking has never been easier, so it’s worth your while to take as many pictures as you can of each room and from different angles. Ideally, you want a potential buyer to get a full account of what each room looks like so once you snap a picture from one part of the room, you may want to stand on the opposite side so you can showcase where you just came from.

However, there is such a thing as having too many photos. So rather than pointing the camera on a fixed area – like one wall – position yourself so the viewer will be able to see several walls, ideally three.

Another best practice to home staging picture-taking is to capture stills from locations as you would normally see them. Perhaps in the past you’ve liked how your house looked while standing on a chair or stepladder for painting. But it’s better to take pictures from areas that a potential buyer would normally be in were they to step into the room. That generally means from a standing or seated position.

If photography isn’t for you, hiring a professional who specializes in this kind of thing might be worthwhile.

6. Put together a home staging budget

As the old saying goes, it takes money to make money, and that adage applies to selling a home. Some of what you spend may be during closing, at the very end of the process. But depending on how much work your house needs to get looking spiffy, it could start at the very beginning.

If you need work done on the property, get quotes about what each task costs. Some you may be able to do yourself. However, bear in mind that the cost could be significant, especially if you use a professional stager. According to the aforementioned NAR report, the median amount spent for a professional stager or home staging firm is $1,500.

Home staging is important, but it’s also a hassle. If you want to skip it entirely, look to Bungalo. When you sell to Bungalo, we not only buy in cash but we eliminate the traditional selling steps, such as staging and scheduling home tours. That saves you the two most precious assets: time and money.

For more information on our no-obligation cash offers, contact us today. 

This article is meant for informational purposes only and is not intended to be construed as financial, tax, legal, real estate, insurance, or investment advice. Bungalo always encourages you to reach out to an advisor regarding your own situation.

Have you outgrown your current home or just want to change locations? Has the time come to go from homeowner to home seller?

If your answer to any of these questions is a yes, then you’re definitely ready to sell. Selling a home can feel just as overwhelming as the process of buying it — but it doesn’t have to be. You can opt to sell your home to Bungalo through a quick, simple and transparent process and pricing structure or follow our tips below if you choose to sell to other buyers.

Either way, we can help you streamline the sale without your house sitting on the market for months on end.

Choose how to sell your home

If you choose to sell your home through the traditional real estate process, your first course of action is to start the process of putting your home on the market so you can sell it. After all, that’s how you’re going to find interested buyers.

To do this, you need to decide which route is right for you to sell your home. For many, the go-to is through a real estate agent. The simplest way to find an agent is to search on the internet and find potential matches that work for you.

This means searching through real estate agents’ sale histories and professional designations to make sure that they have the expertise and skills to list your home and sell it — as efficiently as possible. However, agents do earn a real estate commission, which is usually 5 to 6% of the total sale price.

The real estate agent earns this fee due to their experience and professional network, which allows your home to be shared with more potential buyers than if the agent weren’t helping you sell. Some homeowners choose to save money on those fees by bypassing a real estate agent and selling the home themselves. Selling your home by yourself is known as “for sale by owner,” or FSBO. Opting out of a professional guide, such as an agent, can save you money, but it can also cost you time.

A real estate agent not only shares your home with a wider audience, but they know how to negotiate and close on details that you’ve probably never experienced before. This can help you secure the best offer without worrying that you’re under or overpricing your home.

Neither of those options are perfect, so Bungalo created a new and improved way to sell your home. Our service is designed to streamline the homebuying process, making it quicker and simpler than the traditional methods described above. Through this process, you don’t have to worry about finding the right real estate agent or worry about getting your home ready for market. Not only does Bungalo provide all cash offers, we also only charge a low 3% service fee instead of paying the standard brokerage commission to a listing and buyer’s agent that could total as much as 6% in a traditional real estate transaction. If you’re interested in learning more, check out our how-it-works guide.

If you choose to sell through a real estate agent, follow the below best practices to prepare your home for market:

Prepare your home for the market

It may seem obvious that your house has to be ready to sell when you put it for sale, but many homeowners don’t realize what steps need to be taken to ensure a quick listing through the traditional home selling route.

Although current housing market conditions are out of your control, there are important preparations you can make that will get your home sold sooner rather than later. These include:

Make a checklist and set a timeline

Figure out how long you want to focus on selling your home. The usual process can take between two to four months, according to Bankrate, and that’s without considering external factors, such as market conditions, unanticipated repairs and/or price negotiations.

At this point, you want to give yourself a rough estimate of how long you want to take with each step of the home selling process. This can keep you on track and help you visualize each step of the sale.

However, if you choose to sell to Bungalo, our average process takes about 21 business days — from scheduling to closing! You won’t have to worry about a long timeframe or home selling next steps.

Determine your home’s market value

One of the biggest mistakes a home seller can make is over- or underpricing their home. When you list your home, you want the home price to roughly equal its worth, so it’s a huge plus if you get a pre-sale home inspection.

It may be tempting to charge more, but it’s essential to remember that you also don’t want to lose out on potential buyers or make them suspicious of your home’s listing. When a house is on the market for too long, a buyer is likely to wonder why it’s not selling — they could start thinking that maybe it’s overpriced or has hidden damage or other negative attributes.

Meanwhile, if you invest in a pre-sale home inspection, you’ll have the validation of your home’s worth and also learn of any potential issues that may cause speed bumps during the sale.

Make home upgrades that add value

There are some basic home improvement projects that can make a big impact on your home’s value and appearance — without breaking the bank. You don’t want to commit to a lengthy or expensive renovation project before selling, but you should consider some simpler investments that will attract more interested buyers and increase your curb appeal.

Important reminder: If you sell to Bungalo you don’t have to make renovations — we buy homes as is. Once purchased, our Construction and Design teams assess and renovate each home to ensure the next homeowner will love it for years to come.

If you choose to go through the traditional real estate route, below are some of our recommended projects:

  • Landscape your front and back yards
  • Apply fresh coats of paint to the interior and/or exterior
  • Upgrade your kitchen appliances
  • Renovate your bathrooms
  • Replace carpeted flooring with wooden flooring
  • Get your home professionally cleaned

(For more inspiration on how to increase your curb appeal and improve your home’s value, explore other articles on our blog.)

Once you’ve considered these options, you should then schedule professional photos to be taken of your property. The better the quality of your photos, the more likely buyers will want to come to your open house or inquire about your property.

Collect all required documents to sell your home

Paperwork can be a big headache for those looking to buy or sell a home. However, if you’re working with a real estate agent or using an immersive platform like Bungalo, you won’t be left to figure out the necessary documents alone.

For the basic documents, keep a folder or binder handy with the following, if you have them:

  • Deed document
  • Any mortgage or financing documents
  • Original home appraisal (from when you purchased the home)
  • Homeowner’s insurance records
  • Original title report
  • Pre-listing home inspection
  • Appliance and upgrade/addition records

Because each state or city may have its own requirements, it’s also important to check local laws and regulations to ensure you have what you need before you list your home. As you start your home selling journey, you want to have as much prepared as possible beforehand, so as to minimize any chances for issues or problems down the road.

More strategies that can help you sell your house fast

Now that you’ve chosen how you’re going to list your home and what steps you need to take before listing, it’s time to learn the other secret of the home selling process: choosing when to list your home and what price to set it at.

On the one hand, you want to sell your home during a high-demand time, as that increases your chances of interested buyers and adds an incentive to buyers to purchase quickly — before someone else makes an offer on your home. This competitiveness is great for the seller as it will speed up the sale. However, it will also increase the competition between your property and comparable homes on sale in the area. This could mean trouble if your home hasn’t been adequately prepared or presented on the market and it could be overlooked by buyers — this is another great reason to follow our suggested pre-listing tips or better yet, come to Bungalo for a quick, transparent, fair-market offer.

So, when is the best time to sell your home?

Across the U.S., the best time to sell a home is in June and July, per NerdWallet. During these two months, houses typically sell for the highest prices, which is great for home sellers.

Yet it’s important to remember that your local area may not follow the national trends. For areas such as Florida, Texas, Arizona and Southern California, houses may not sell as well during those months, which are prone to extreme weather, such as excessive heat, hurricanes and/or tornadoes.

Your real estate agent, as well as your own regional research, can help guide you to the best season or month to sell in your area.

When is the worst time to sell your home?

In contrast to the summer months, it’s usually not best practice to list your home in winter. NerdWallet specifically highlighted January and February as the months consistently with the lowest selling prices between 2015 to 2019.

Again, this may not apply to certain regions where it’s still possible to sell well in the “colder” months because they are still temperate and enjoyable.

Listing your home during an “off-season” won’t make or break your home sale. But it wouldn’t hurt to put your best foot forward by listing your home during months that are proven to be popular among buyers every single year.

Set a realistic price to attract buyers year-round in a seller’s market

If you want to sell your home sooner rather than later, it may not be practical to wait around for the best-selling month in your area. But you don’t need to panic — you still can get some great offers quickly if you set a realistic and fair price for your home.

Aside from geographical and seasonal selling data, it’s important to check in with the housing market as a whole. Because we’re in a seller’s market, with high demand and fewer listed houses, it’s actually a consistently good time for houses to be put on sale despite the time of year.

Due to this, you definitely shouldn’t underprice your home just to make it sell faster. The market is already competitive, so as long as you set a realistic price, you should be able to attract interested buyers.

To determine the best price, consider factors including:

  • Your home’s original appraisal value
  • The pre-listing home inspection report
  • Listed prices for comparable homes in your neighborhood

This will help you settle on a fair and reasonable price to get your house sold faster.

What you should absolutely do when it comes to selling your home

Even if you want the home selling process to go as quickly as possible, it’s also critical that you follow best practices that will prevent any unnecessary problems that could ultimately slow or restart the process down the road.

To ensure a speedy and successful closing, here are practices you should consider implementing:

  • Schedule repairs that will add value to your home. By adding improvements and upgrades, you’ll be able to attract more buyers and increase your chances of negotiating an attractive selling price, without wasting time and effort.
  • Increase your curb appeal. Buyers want to purchase homes that they can picture themselves living in. Add flowers, clean your gutters and/or landscape your front yard to make the exterior of the home look as welcoming as possible.
  • Use professional photos. Nothing can turn a buyer away faster than a dimly lit or poorly framed photo of a home. For many buyers, this is their first perception of your home and they need to be excited by it. Professional photographers know how to capture spaces accurately and show them in their best light — take advantage of that.
  • Prioritize buyers who are preapproved. If you’re looking for serious offers, take time to consider buyers who have been preapproved for a mortgage or other financing options beforehand. This will let you know that they can most likely follow through on their offer, especially compared to buyers who aren’t preapproved.
  • Allow potential buyers their own home inspections. If you’ve done a pre-listing home inspection, there shouldn’t be any surprises if the buyer wants to fund an additional one for safety. Any necessary repairs should be fixed before the house is listed anyway.

As real estate experts, Bungalo can help

You can avoid all of the above, from repairs to open houses, if you elect to sell your home to Bungalo, plus you will receive a cash offer and have the opportunity to lease your home back from us for up to one year. If you have been searching for a more flexible, simple and seamless real estate experience, Bungalo is the place for you.

To discover how we’ve turned the standard home selling methods into a modern, easy-to-use platform, explore our website and learn about us here.

This article is meant for informational purposes only and is not intended to be construed as financial, tax, legal, real estate, insurance, or investment advice. Bungalo always encourages you to reach out to an advisor regarding your own situation.

The real estate world is on fire, and homeowners across the country are eager to get their properties listed on this hot housing market — but there’s a catch.

Selling a home can be a lot of work.

There’s plenty to do, from researching the housing market to communicating with every potential buyer. Things can start to feel overwhelming when you go in alone. If you’re hesitant to take that first step because, well, you aren’t exactly sure what it is, don’t worry — everyone needs help navigating the home selling process sometimes.

The good news is that selling your house can be simple and stress-free — once you’ve brushed up on the basics and learned a few tricks. Here’s a look at the ABCs of being a savvy seller, from market research to moving day.

What you should be doing now that you’re selling

So you’ve decided to sell your home. Congratulations — you’re about to embark on a great adventure full of asking price negotiation, chats with the buyer’s agent and, of course, taking advantage of the current seller’s market. However, before you get all those great offers and eventually hand over the keys, there are a few preliminary things you’ll need to do to make sure the home selling process is a success.

Research the market

Roll up your sleeves and grab a notebook — it’s time to do a little homework.

It’s important to understand both local and nationwide housing markets, as buyers take both into consideration when setting their expectations. However, if the market in your own backyard is performing significantly better than in other parts of the country, that doesn’t mean you’ll have to lower your price to meet national averages. It just means you should do more research on the unique trends impacting your area.

Housing markets depend on a lot of variables, including:

  • Interest rates
  • Supply and demand
  • Economic health
  • Job opportunities in a specific area
  • Local buying habits

Take your time brushing up on each one to fully understand what to expect when putting your house on the market.

Learn about buyers

Before you can know how to tell your home’s story, you need to know who you’re telling it to. The identity of your ideal buyer depends on several factors, including:

  • Square footage of your home
  • Number of bedrooms
  • School district
  • Proximity to entertainment options
  • Proximity to large companies
  • Lot size

According to the National Association of Realtors (NAR), the median age of first-time home buyers is 33, and their median household income is $80,000. If your house is a “starter home” or a perfect fit for young families, this group is likely to be your target audience.

If, however, your home is larger or sits on more property, you’ll likely be catering to repeat buyers. According to the NAR, the median age of repeat buyers is 55, and their median household income is $106,700.

Keep in mind: The association stated that more than half of house-hunters, regardless of age, find their new homes online. That means it’s smart to keep up to date on the latest tricks for getting the right house in front of the right buyer.

Brush up on new selling techniques

The real estate market has a few new players, thanks to modern technology — like, for example, instant buyers or “iBuyers.” The NAR explained that iBuyers provide speed and convenience for sellers who don’t want to wrestle with constantly changing market conditions. For many homeowners, that’s a significant improvement over the old way of doing things, which involved long waiting periods and times when all you wanted to do was tear your hair out.

The traditional home selling process also involves steps like repairs, remodels and a whole lot of hassle. If you’re all about that stress-free life, sell your house to Bungalo instead — you’ll get top dollar by utilizing modern selling techniques, all without lifting a finger.

Know what you’re responsible for

As a seller, you have a list of responsibilities — most of them financial. Here’s what’s on your plate:

  • Homeowners insurance: According to Forbes, having homeowners insurance throughout the home selling process protects you from liability — for example, when buyers are touring your home.
  • Staging: Staging companies make your house look lived-in — but not too lived in. This helps buyers visualize how they might set up their own furniture, and it makes your rooms look good, too.
  • Photography: If you hire third-party real estate photographers — especially if you’re looking to create a 3D tour, a panoramic image or a drone shot of your lot lines — you’ll have to pay them separately.
  • Closing costs: Closing costs include mortgage insurance, attorney fees (if required by your state), appraisals, property tax and more.
  • Real estate agent fees: As a seller, you’re responsible for the fees paid to your own agent as well as the seller’s. This is usually 6% of the sale price, split between agents.

Does that sound like too much work, too much money or both? If so, selling directly to a platform like Bungalo or partnering with a real estate agent may be a better choice than trying to sell your house alone.

Working with a real estate agent: The pros and cons

Here’s the truth: Although real estate agents can be solid partners, you don’t necessarily need them in every scenario. In fact, buyers can get cash back when purchasing without an agent when using Bungalo.

Before making a decision, read up on the pros and cons of working with a listing agent.

Pros

  • You’ll have less work to do.

Real estate agents help you manage the workload as a seller. They organize showings, schedule open houses, write overviews and help market your house to the right buyers. Plus, they help you organize the documents you need — like data on lot lines, property tax information, appraisals and more.

  • You’ll have an industry expert on your side.

Unless you live and breathe real estate, the chances are that you’ll have questions about everything from determining market value to making the most money on your property — and real estate agents can help. They’ll also be able to navigate legal situations — like signing paperwork packed with jargon — that might otherwise leave you feeling stuck.

  • You won’t have to negotiate with prospective buyers.

If no one’s ever told you that you “drive a hard bargain,” negotiating the price of your home probably isn’t going to be your new favorite pastime. Listing agents act as the go-between for you and prospective buyers, meaning you won’t have to become a master negotiator overnight.

Cons

  • They take a percentage of your money.

6% is a hefty chunk of your payday — especially considering that, as a seller, you’re paying your own agent as well as the buyer’s.

  • They may not be marketing experts.

If you’re working with a listing agent just so you don’t have to do promotional legwork, be careful — even the sharpest home expert may not be a great marketer. Maybe they don’t know how to generate leads, get your house in front of the right people or put your home’s features on display — but you’re still the one who pays for it.

  • They may not be master negotiators, either.

Not all real estate agents aced their speech and debate courses in high school — and, just like you, negotiation may not be their favorite part of the job. If they’re not willing to fight for your money, the buyer’s agent will fight for theirs, and you may not end up with your home’s full value.

  • They don’t know everything.

At the end of the day, no one knows your house like you do. You could just as easily research house selling tips yourself, learn what types of renovations drive sales, do a little fixing and decluttering, appeal to buyers and end up putting every dollar right in your pocket. Or if you want to avoid the work without paying someone else to do it, just sell your house to Bungalo: You’ll still get top dollar, and you won’t have to worry about repairs or renovations.

Preparing your home for sale

To get your home ready for the big day, there are some things you should do — and some things you shouldn’t. Here’s how to make sure you’re putting your house on the market in just the right way to attract prospective buyers.

Knowing when to sell

Although markets vary depending on the local economic climate, spring is usually the best time to sell a house. Prospective buyers think of it this way: The weather is perfect for touring an open house, there’s no snow to drag moving boxes through and the kids will be out of school soon.

With this in mind, it’s easier to plan accordingly — for example, making sure all your projects are done before the end of April.

Renovating and repairing

Speaking of projects, exactly how many should you be doing before you sell your home?

Well, that depends. If you’re selling your house as-is, you’re telling buyers that you didn’t make big pre-sale repairs and that you’re offering no guarantees. This also means that they can’t hold you responsible for anything that goes wrong with the property — for example, the HVAC system failing as soon as they walk in the door. Because as-is houses tend to sell for cheaper, you’re more likely to attract cash buyers this way.

If, however, you want top dollar for your home, you should do any repairs or renovations that will help your property perform well on the market and pass a home inspection with flying colors. That includes things like boosting curb appeal, removing popcorn ceilings, scrubbing mold out of bathrooms or laundry rooms, replacing carpet (or having it professionally cleaned) and, according to HGTV, paying attention to the little things — like giving your front door a fresh coat of paint.

Don’t try to fix everything, though. You can leave certain things — like a water heater that’s not brand-new or a driveway that has a few cracks — for future owners to fix when they see fit. Plus, in a hot real estate market, buyers are more likely to shrug off a few minor flaws to get their hands on a property.

Putting your best foot forward

When selling your house, there are times it needs to get all dressed up: during real estate photo shoots, before an open house and especially before prospective buyers tour the property.

Here are a few tips to help your house put its best foot forward.

  • Clean and declutter: A messy house suggests to buyers that your floor plan doesn’t have enough storage. Clutter also makes it more difficult for house-hunters to see past your stuff and imagine their own in the space — so pull out those storage totes and get to work.
  • Take good photos: You probably won’t be behind the camera, but it still pays to make sure your real estate photographs show off your house’s best features. That means no blurry pictures, bad angles or poor lighting — and it also means you should consider temporarily moving furniture to make spaces look larger.
  • Get rid of personal stuff: Wedding photos, dog toys or your kid’s soccer trophy can distract buyers from what your house has to offer. Get rid of your personal touches to help prospective buyers see your home as a blank slate.

Why sellers are also buyers

Unless you plan to live in a treehouse on a remote island — and who wouldn’t want a permanent vacation? — selling your home means you’ll need to buy another one. That, in turn, means you can’t just think like a seller — you have to think like a buyer, too.

As you work your way through the selling process, keep these things in mind:

  • You’ll have closing costs on two different houses.

Remember that the costs of selling a house include upfront fees, like staging or repairs, as well as closing costs that come later in the game. All of this can quickly add up — and when you’re selling one house and buying another, every dollar counts. Make sure to take all the steps necessary to save money where you can.

  • You need to time things just right.

It’s possible to sell a vacant home if you end up moving into your new place before closing on your old one. However, keep in mind that you’ll still need to facilitate things like a home inspection, and you may need different homeowners insurance to cover a vacant property.

Also consider that, to make the transition as smooth as possible, you’ll likely want to be buying and selling at the same time. That means you shouldn’t start any long-term repairs right before the moving process — otherwise, the sale of your home will be held up, which may make the sellers of your new home worry that you won’t be able to secure funds.

  • You want to make sure your new home is move-in ready.

If working with buyers slows down your selling process, your moving schedule could be delayed — which means you might not be able to get into your new property and start making repairs right away. Instead, look for Bungalo certified homes — they come with guarantees and warranties that mean you won’t have to worry about making repairs on the new place.

Sell your house with Bungalo

Giving your house the sendoff it deserves can be a lot of work — but it doesn’t have to be. Skip the real estate agents, photography, staging and repairs, and sell your house to Bungalo instead. You’ll save money on closing costs and you won’t have to worry about timing things just right to get into your new place.

Don’t let your old house stand in the way of finding a new one. Start working with Bungalo today.

This article is meant for informational purposes only and is not intended to be construed as financial, tax, legal, real estate, insurance, or investment advice. Bungalo always encourages you to reach out to an advisor regarding your own situation.

We all know what happens when it’s time to sell your house — you tidy things up then hire a realtor to take care of the rest. But not everyone is convinced of the benefits of using a realtor, and some choose to sell their homes themselves.

Selling a home for sale by owner (FSBO) can have some serious advantages. It can save you money that you otherwise would have spent on the realtor, it gives you greater control over the entire process and it can help you streamline everything from beginning to end.

But it’s difficult to know where to start. We help break down everything you need to know about selling your house without a realtor, from the pros and cons to the steps you’ll need to take to complete the process. Keep reading to learn more.

Should you sell your home without a realtor?

The main con of selling a home without a realtor is that you miss out on the professional expertise real estate agents can provide to get you the best value on your home. But if you do it right, there can be so many benefits to FSBO home sales.

You don’t have to do it alone. At Bungalo®, we’re completely transforming the way people buy and sell homes. Our online home marketplace makes the home-selling process simpler and more straightforward, making it easier than ever before to sell your home without a real estate professional.

You can save money

Put simply, if you don’t have to pay for a real estate agent, you’ll save money on your home sale. This is one of the top reasons homeowners choose to sell their homes without an agent, and it can really pay off if you do it right. According to Bankrate, real estate commission typically ranges from 5-6% of the final sales price of the home, and that can really add up if your home sells for a lot.

If you sell a home for $200,000 using a real estate agent that charges 5% commission, you will end up paying the realtor $10,000. That’s a hefty chunk of cash!

You have more control

Another great benefit to selling your home FSBO is that you’re in complete control of the entire process. That means you get to market it how you want at the price you want, and you’re in charge of negotiating with potential buyers. For those who know their stuff, that can be a real advantage. There won’t be any conflicting opinions between different stakeholders, and you ultimately get the comfort of knowing that the sale was completely yours.

It saves you time

One of the great benefits of FSBO home sales is that the entire process tends to be much faster than going through a realtor. That’s partly because real estate agents usually have a large portfolio consisting of numerous buyers and sellers, so their attention is split across different individuals. When you do it yourself, you can devote as much time as you want to the process, meaning it’s all streamlined, and you can get in front of buyers much faster. Data from the National Association of Realtors showed that 58% of FSBO homes sold in under 2 weeks in 2019.

Another reason that the process is so much more efficient is that homesellers tend to rely on people they already know. They don’t have to spend time building trust and rapport with potential buyers as one would when selling to someone they don’t know, and that can shave off several weeks from the whole process.

What do you need to know about selling a home?

If you’re ready to sell your home, and you’re convinced FSBO is the way to go, it’s tempting to start taking pictures and posting them to your favorite listing site. But before you do that, you need to have a few key documents together before you can formally sell the property. Others, you’ll need to show potential buyers before you even make the sale.

Here are some of the most common:

  • Seller’s disclosure form: This one’s important. This is where you list and detail all the potential problems with the house, so the prospective buyer knows exactly what they’re getting. It helps protect the buyer from purchasing anything with unknown problems, but it can also protect you from lawsuits down the road.
  • Loan documents: These detail all mortgage information on your home, including first and second mortgages as well as any additional lines of credit you took out on your home’s equity. These are important because they show potential buyers how much interest other parties have in the property.
  • Latest bill statements: No one likes paying bills. And they especially don’t like paying expensive ones. Potential buyers will expect to see your most recent utilities bills, including electricity, gas and water, to get a sense for how much they’ll need to pay every month. Property tax statements should also be included here.
  • Plans and permits: If you made any changes to your property that required you to get a permit from your local or state building authorities, you’ll need to have these documents handy. Permits prove that all improvements made were safe and compliant, and this can save new owners headaches down the road.
  • Sales contract: You’ll need this one to formally close the house sale and prove that it actually happened the way you and the buyer agreed. This is a legal document that shows the amount you and the buyer agreed upon, the date of the real estate transaction, and, of course, confirmation that you handed over the deed — and ownership — of the home.
  • Deed: Your home’s deed is the document that shows who owns the home. Requirements vary by state, but deeds typically contain detailed information about the property, and always show who currently owns and who used to own it. The deed goes into the public record, so it’s a crucial part of the home-selling process. Deeds often get confused with the title, which refers to the legal right of an individual to own a piece of property.
  • Inspection report: Make sure everything in your home is inspected from top to bottom so that buyers feel comfortable knowing their home won’t come with any nasty surprises. Every home on Bungalo’s website is certified to the highest standards. In fact, we’re so confident in the homes we list on our website, we’ll cover any issues that arise for 90 days after your close.

Of course, these are far from the only ones you’ll need. Others include:

  • Personal identification information
  • Homeowners insurance records
  • Title reports
  • Property survey
  • Homeowners’ association documents

How will you deal with potential buyers?

When dealing with potential buyers, the biggest headaches are going to come from negotiating the sale price of your home. Prepare to hold your own, but also be ready to be flexible — it’s a tough balance to strike, but we trust you! These are some of the things you should know when dealing with potential buyers:

The factors that affect the sale price of your home

You might think that the most important factor when it comes to selling (and pricing) your property is how lovely your home looks inside and out. While that’s certainly a key part of it, there are several others, too.

  • Comps: Your buyers are going to have their eye on all the most recent transactions of homes similar to yours in the neighborhood. It’s important for you to know this information too, because your home’s value is going to be highly dependent on these selling prices.
  • Location: You know what they say, so we won’t repeat it. (OK — location, location, location!) But seriously, where your home is located matters. A lot. And that’s going to have a serious effect on its market value. If it’s near some good schools, quality entertainment and places of employment, you can ask for a lot more.
  • Size: Size doesn’t always matter, but in this case it does. Simply put, the bigger the home the more you can do with it, so buyers are willing to pay more for that extra square footage. If your house is on the bigger end, expect its value to go up.
  • Upgrades: What also matters is how much work you’ve put into it yourself. If you’ve added a swimming pool, built a patio or finished your basement, give yourself a pat on the back. You’ve made your home that much more valuable, which means you can up the selling price.

Can you sell your home for less than market value?

Of course! You can sell your home for whatever price you and your buyer agree to, and that could be more or less than its market value. It might sound ridiculous, but sometimes selling your home for less than market value is the right move. Maybe you’re looking to make a quick move and are willing to fork over a few extra thousand to get out faster. A lower price will attract more buyers, especially those looking to get the most bang for their buck.

Sometimes you have no choice. Maybe the housing market’s really bad, and you just know you’re never going to get anyone to pay what you initially paid for it. The best strategy here is to wait a few years and put your home back on the market when housing prices are back up. If you can’t wait, then it might make more sense to sell it now and stomach the losses.

Whatever your reason, it’s important to keep in mind that you still owe your mortgage provider any liens still attached to the house. A lien is the amount of interest a mortgage provider has in your home, which is determined by the amount you still owe on the original loan. Selling your home below its market value can make it harder for you to cover any liens (and might force you to look elsewhere for finances), so make sure this is definitely the right move for you first.

What will the sales process look like?

OK, you’ve weighed the pros and cons and decided that an FSBO home sale is the move for you. Great. Now what? Follow these steps to know exactly what you need to do once you’re ready to put your house on the real estate market.

  1. Prepare your home: You’re trying to impress potential buyers on the value of your home, so make sure you’re presenting your home in its best state. That means decluttering every room from top to bottom, making any necessary repairs, and doing any upkeep landscaping or painting to boost its curb appeal.
  1. Set your asking price: This will require some due diligence on your part. Do some research into the market and figure out what other sellers are listing similar homes for. There are a few websites and platforms out there that can help you. Something to keep in mind: Don’t try to oversell your home. The longer your home spends on the market the less likely you are to get your asking price, so keep it reasonable.
  1. Market your home: Then it’s time to take your home to the buyers. Capture as many high-quality photos as you can and find a trusted online listing site that gets a lot of good traffic to post your home. But not all listing sites are the same. Bungalo’s platform lets you do everything online, from browsing to touring to closing, helping you cut out the middleman entirely.
  1. Negotiate: This is probably the most difficult part of the entire process, so it might be useful to brush up on some good negotiation tactics before you get down to business. You may want the potential buyer to make the first offer, which could pay off if it’s even better than what you would’ve offered. You might also consider encouraging a bidding war between multiple buyers. That could raise the final sales price much higher than you ever anticipated.
  1. Close: Once you’ve reached a verbal agreement with a buyer, give yourself a pat on the back for a job well done. But the sale doesn’t end there. You still need to handle a series of important legal documents to actually finalize the house sale. These include your closing disclosure, the deed to the house, statement of closing costs and certificate of title.

It can seem like you don’t have the skills or the knowledge it takes to sell your home FSBO. That stuff’s for realtors. But with the right preparation and planning, you can reap all the benefits that come with selling your home without a real estate agent. Just know what documents you need to have on hand, understand what factors affect your home’s selling price, and get a feel for the sales process, and you’ll be selling your home like a pro in no time.

Bungalo can be by your side in all this. We help make the process hassle-free by letting you sell your house without the repairs, tours, and showings that usually come with selling a home. Check out our blog for our latest home-selling insights, and take a look at our website to get started.

This article is meant for informational purposes only and is not intended to be construed as financial, tax, legal, real estate, insurance, or investment advice. Bungalo always encourages you to reach out to an advisor regarding your own situation.

Getting into the home buying market is exciting. Selling your current home? Not so much. The only thing more important than making the whole process quick and painless is likely getting top dollar on the market.

If you can combine those two goals, discovering how to sell a house fast without losing out on potential value, you’re doing well.

There are a few different ways to approach the home sale process, and some tips to follow while carrying out your chosen selling strategy. Every home is different, and so is every sale. Finding the exact right buyer and sale channel for you is a unique journey, and one worth taking.

Why would you think about selling quickly?

There are plenty of reasons to sell your house quickly. After all, you don’t want it to sell slowly. Stretching out the sale process can be a burden on your peace of mind as you deal with the pressures of having a house on the market. A quick sale takes you away from the uncertainty.

Of course, there are more specific reasons why you might want to sell the house in a hurry, such as:

  • You’ve already taken a job in another city and are ready to relocate: If you have a date set to move to a new city, state or even country, you don’t want to have a house still for sale, complicating your financial picture and demanding attention. When it’s time to go, it’s really time to go. Of course, this can lead to you putting the house on the market at a suboptimal time of the year, when it’s a buyer’s market. You’ll have to be tactical to get maximum value for the home.
  • You have a quick path to a new home: Even if you’re not leaving your state or city, there’s every chance that you’ll want the stability and surety that come from receiving an offer on your old house. If you know your asking price has been met, you can be much more certain about what size, type and location of new home you can afford.
  •  Life circumstances have made a quick sale important: Not every home sale comes about because of a straightforward desire to move. If you’re dealing with unpredictable circumstances — for instance, being willed a house by a relative — it may be far simpler to sell fast rather than dealing with the property for a long time.

Of course, the flip side of selling quickly is that you want to receive good value for the house. In the years following your home sale, you may be struck with regrets if the process didn’t lead to a fair price.

What are some of the basics of a quick sale?

So, how can you balance your desire for a fast sale with the importance of getting a fair price for the property? It is possible to “have it all” if you approach the sale carefully.

You have access to a few strategic tools here. For instance, you can pursue an alternative selling approach, rather than accepting an offer from a buyer applying for a standard mortgage loan. This might mean a sale to a cash buyer or iBuyer, or if your financial situation has become difficult, a short sale. You can also put care into the way you market the house, steering clear of red flags for potential buyers.

Of course, these tactics aren’t mutually exclusive. If you’re angling for an alternative sale, it can still pay to use the same kinds of tactics that boost a house’s appeal on the general market.

Selling to a cash buyer

When you accept a cash offer, the process is a lot like a standard sale, but the financing is different. Rather than waiting for the seller to finalize mortgage approval, you simply accept the offer. The buyer then transfers you the agreed-upon asking price, which you then use a portion of to pay off your existing home loan balance, with the rest becoming your funds.

There are a few advantages to making a cash sale — for example, this sale process is often a few weeks quicker than a standard sale involving a mortgage. The buyer may also skip other steps of the process. Since the intent of a cash buyer may be to resell the house instead of living in it, the buyer might not make you deal with a detailed home inspection or appraisal.

The lack of a lender means the sale hinges on whether the cash buyer does indeed have the funds to buy the house. As long as the fund verification goes well, however, you’re in line for a relatively quick and painless closing process.

The strengths of the cash option include its speed and relative simplicity. As for the weaknesses? You can’t necessarily summon a cash buyer merely by wishing for one. You still have to find a potential buyer interested in making the purchase, and one who is willing to meet your asking price.

In a seller’s market, you may have no shortage of people lining up to make strong offers. Both you and the buyer may be wishing for a quick resolution in this case, which is a perfect match. In a buyer’s market, however? The offers may disappoint. This means timing is critical when it comes to hoping for a cash sale.

iBuying with Bungalo®: An exciting cash sale option

When it comes to cash sales, there is an alternative to this alternative method: You can investigate an iBuyer, a digital seller that works without some of the traditional hallmarks of the open market.

While selling with a real estate agent may be normal for the more standard house sales, going with a modern option is a way to cut out the agent fees without losing out on an assured, high-quality selling experience. An iBuyer can give you the direct sale process you’re looking for.

Of course, not every one of these iBuyers is going to offer you equal terms on the sale or closing costs. For instance, Bungalo’s service fees are set at 3%, while others in the market tend to charge 5-12% and may ask sellers to have repairs done before they finalize the deal.

What makes a sale via Bungalo so streamlined compared to a normal sale? The way offers are formulated is one important consideration. Instead of haggling or making a lowball offer like an individual buyer might, Bungalo simply creates a fair cash offer based on the prices of other houses in your neighborhood.

On top of that simplified approach to pricing, Bungalo dispenses with the presentation elements of selling a home. You don’t have to clean the house and stage it for potential buyers, because there is no open house and only a single party making the purchase. The selling process is mostly carried out remotely, so you can stay safe at home while the cash sale is going on.

There is even the option to stay in the house through the leaseback program, which is unique from other iBuyers. Even after making the sale, you can lease the right to remain in the home for up to a year while you conduct your own home search. This can keep the fast sale from becoming too fast and leaving you between houses.

Selling via a short sale

A short sale isn’t something you actively pursue. This kind of sale is the result of financial pressure, with the value of the home declining lower than the remaining value of the mortgage.

While a short sale isn’t a good thing from a financial standpoint, it is an alternative to suffering a foreclosure, along with all the ongoing repercussions of having the bank foreclose on the property.

The general theme of a short sale is mitigating and minimizing losses. The lender is not gaining maximum value from the sale and you, as the seller, are leaving without positive value from the sale. The deal also presents some complexities for the buyer, who will have to deal with extra-legal requirements compared to a basic mortgage loan sale.

There’s yet another complication — a short sale will take a very variable amount of time-based on the negotiations between the lender and the buyer. This means that a short sale might also be a quick sale, but you can’t count on that. There are a lot of moving parts in a legal sense, so it may actually take longer than an average transaction.

The bottom line with a short sale is that it may be something you have to do. In times when property values are falling in your area and your loan has become unmanageable, there’s little option about the matter. A short sale may be the only way to walk away without a devastated credit score.

With that said, short selling is not the kind of process you can use tactically. It is something to only be undertaken in specific and demanding circumstances.

Preparing your home to facilitate a quick sale

The amount and type of preparation you’ll have to do to get your house ready for sale depends heavily on what type of method you’re considering. Directly seeking out a cash offer by an iBuyer or a similar path is different from the conventional way of selling a house, for instance.

Going for the conventional quick sale

If you just want to put the house on the market and hope it will sell as quickly as possible, there are a few specific tactics you can use to make sure the house has maximum curb appeal and is welcoming to potential buyers.

  • Quick repairs and renovations: When you’re setting out to make your home as immediately appealing to buyers as possible, a little work can go a long way. Of course, engaging in a lengthy renovation would defeat the purpose of a fast sale, but small painting projects and work on tiling, doors and more can give your potential buyers a great first impression.
  • Staging for tours and open houses: When your house has been staged for potential buyers, that means it has been tidied, organized and made less personal. With fewer traces of your personal preferences, homebuyers will be able to project their own goals for the house onto the space. This can lead to a quick conventional home sale.
  • Don’t skimp the listing photos: A huge portion of the home buying process involves potential buyers clicking through photos of homes for sale. If the pictures of your house look better than the rest, you’ve received a major boost before any homebuyers have set foot on the property. The extra cost of hiring a professional photographer can pay off in a quick sale.

On top of the little tasks around the house, there’s a major sticking point: your asking price. This will be determined by a wide variety of factors, including the area and the overall conditions of the housing market. There’s no question, however, that it can help you make a conventional home sale faster.

If you hold out and insist on a high asking price, that may add some time to the sale process, especially in a buyer’s market. It’s clear and understandable that when people see a bargain, they’ll be more inclined to move quickly and more able to make a cash offer. The question then becomes how low you’re willing to go in the name of accelerating the sale.

The alternative: Preparing for cash sale via Bungalo

Making a quick home sale by conventional means involves preparing the property in a number of ways and then hoping for the best. While this works out in some cases, especially when the real estate market is seller-friendly, it’s understandable if you want to find a clearer, more straightforward alternative.

Selling through Bungalo can be the alternate route you’re looking for. Nearly every component of the sale process changes when you sell through Bungalo instead of putting the house on the market, and these differences often favor a fast sale. You can see this by taking it point by point:

  • Repairs: It’s not necessary to fix the issues with your house. If there’s a high-level need that requires addressing, it will be reflected in the offer. The onus isn’t on you as the homeowner to go through the time-consuming process of repairing the house. Many other iBuyers can’t make this same offer.
  • Staging and photos: There are no open houses or home tours, and you don’t have to put together an online listing for potential homebuyers to browse. That means the process of staging your house and having it professionally photographed isn’t necessary. You can simply proceed with the sale, get your offer and decide whether to take it.
  • The price: Setting your asking price and trying to gauge the market’s appetite for your house is one of the inescapable complications of a conventional home sale. With Bungalo, you escape the inescapable. You simply look at the offer price and decide whether this is the right amount for you. Since it’s based on real data regarding your area, the number is designed to be fair.

Offers don’t come with an obligation to sell, so you can request yours and see whether this is the path you’d like to take for a quick sale.

Whatever choice you end up making, it’s an exciting time — making a move and finding a new home are big events, and selling your previous house is an essential part of making the transition possible.

Of course, a quick sale deserves a quick purchase. When you’re seeking to speed up your house search, you can go for a streamlined and modernized take on homebuying, as well. In other words, Bungalo may be a great option for you as a buyer, too.

This article is meant for informational purposes only and is not intended to be construed as financial, tax, legal, real estate, insurance, or investment advice. Bungalo always encourages you to reach out to an advisor regarding your own situation.

Walking the home of your dreams for the first time or searching through e-listings is an exciting rite of passage when on the hunt for real estate but as the seller, that means preparing for photoshoots and repeated last-minute tours. Over the years, the average home buyer pays an in-person or e-visit to multiple homes before making a formal offer. That number has changed in light of the pandemic — properties stayed on the market for an average of only 17 days in May, according to the National Association of Realtors.

While open houses and private tours may not sound that bad, they can actually be incredibly inconvenient, not to mention time-consuming. Those who go the traditional route should brace for a bumpy ride. 

Preparing your space takes work

Before a tour, it’s usually expected that you will clean your home and make it presentable. Sounds simple, right? Unfortunately, this requires much more work than your average tidying effort. Things need to be immaculate. To properly set up your home so it’s truly open house or tour worthy, you should:

● Clean all surfaces, paying special attention to countertops, appliances, windows, and floors

● Declutter. Remove all tchotchkes, children’s toys, and personal items to give the space a minimalist feel

● Take away extra furniture and only leave the essentials, such as a sofa, bed, and dining room table

● Let in natural light and turn on overhead lights

● Create a clear walking path throughout the home; you don’t want it to feel cramped

That’s just the beginning. If you want to go above and beyond these preparations, The Balance recommends:

● Removing vehicles from your driveway to make space for buyers

● Serving refreshments and snacks

● Playing soft music to create ambiance

● Displaying photos of your home in different seasons

No one has the time or patience to do this when each tour is scheduled. Between work, taking care of the kids, and running after pets, it’s just not feasible. While it’s possible to hire companies to help, this added expense may not fit into your budget.

Disruptions are a common occurrence

On the topic of your routine, there’s nothing routine about open houses and tours, particularly when it comes to when they’re scheduled. Those birthday decorations you spent so much time putting up may need to be tucked away for an open house the next day.

With your home on the market, you may be surprised by how many tours are scheduled over the weekend. While this may be convenient for the buyer who has the day off, it means you need to pack up your family for the day and leave your home spotless for the visitors … often for hours at a time. This may be fun for a few weekends, but the novelty factor wears out quickly.

Having strangers in your home isn’t ideal

Finally, we can’t end this list without mentioning the fact that during tours and open houses, you’re welcoming strangers into your space. On tours, potential buyers are usually accompanied by their agents. While you may never meet with them directly, it can leave you feeling uneasy knowing people you don’t know have walked through your space.

On the other hand, during an open house, you may be involved in the selling process. As you stand by ready to answer any questions and market your space, it can be equally uncomfortable to come face to face with people you don’t know, especially during these times.

Imagine having the peace of mind that your home could be sold without all of this trouble. Or make it a reality by going through Bungalo.

Choose Bungalo

Are you ready to sell your home fast without inconvenient home tours? You can trust Bungalo to buy your home for cash within two weeks — quicker than what it takes just to get your property prepared for an open house.

We understand that life is full of surprises, many of them unpleasant; that’s why we make it easy to sell your home quickly so the only surprises you get from us are the ones that put a smile on your face. In a couple of weeks, you can have the cash in hand for whatever you need without the hassle of making your home pristine for potential buyers. Close the door on open houses by going through Bungalo. 

Contact us today to learn more.

This article is meant for informational purposes only and is not intended to be construed as financial, tax, legal, real estate, insurance, or investment advice. Bungalo always encourages you to reach out to an advisor regarding your own situation.

Looking to buy a new home in the Nashville area? It’s certainly an exciting time to do so. While always known as the center of the country music world, there’s now a whole lot more incubating in this city — from top-of-the-line restaurants to rising tech companies. Put it all together, and you have a housing market that’s as hot as this city’s famous fried chicken.

Here’s what you need to know if you’re looking for real estate in Music City.

What’s going on with the Nashville real estate market?

The Nashville market has been on the rise for several years now. With a booming job market in multiple industries and historically low-interest rates, more folks than ever are putting down roots in the Tennessee Capital.

Even the COVID-19 pandemic failed to slow the wave of home value increases — in fact, remote workers from near and far may have used the opportunity to flock to Music City. Given this trend, it’s unsurprising that Nashville is attracting a large share of buyers who are new to the area and Tennessee as a whole. While Nashville real estate prices may baffle those relocating from other places in the South, they’ll still feel relatively modest compared to a buyer from New York City, Los Angeles, or San Francisco. Add in a favorable tax situation in Tennessee, including no personal income tax except on interest and dividends, and it’s no wonder that the transplant trend has been as strong as it is.

While the Nashville metro area is certainly in flux, with lots of new residents and a hot market, the things that first drew so many to the area — a sense of community, plentiful job market, and unmatched music and culture scene — are going strong. That makes right now the perfect time to carve out a little piece of the Nashville experience for yourself.

Take a look at the latest selection of Bungalo homes in Nashville before getting familiar with all the exciting areas to explore once you move in.

Finding your way around Nashville

Whether you’re a country music lover hoping for an easy commute to top concerts or a new family looking for a safe place to call home, there’s something for everyone in Nashville.

Your tour of the city begins downtown — the center of the action. This part of the city is filled with world-class restaurants, professional nightlife and, as you’d expect, country music. Take a stroll down Broadway and stop in a honky-tonk club for a drink (or two) and some live music. Walk a few more blocks and you’ll be in Music Row, the center of the country music industry. Other highlights of this area include the Country Music Hall of Fame and the Frist Art Museum.

From downtown, Nashville expands out in all directions. Across the Cumberland River lies East Nashville. New home buyers are moving in to take advantage of the increase in new businesses and relatively affordable prices compared to many of the other parts of the city. It’s truly a place with something special brewing.

To the south and west of the city center, meanwhile, lie Vanderbilt and Belmont Universities. The neighborhoods in the area are filled with college energy, including a variety of restaurants, bars, and boutiques. Other highlights include Centennial Park, featuring a full-scale replica of the Parthenon. While there are plenty of renters in this part of town, it’s still possible to find a comfortable duplex or single-family home for you and your family.

Understanding housing affordability in Nashville

There’s no way around it: Nashville isn’t cheap. And, the way the market is going, it won’t be cheap any time soon. That’s both good news and bad news, depending on your finances. While that does mean the stock of affordable options is dropping, those who can get in now should expect to see the value of their new home continue to grow in the years to come.

According to reporting from the Tennessean, the average Nashville home price went up by $32,000 in the last year alone, up to an average valuation of $320,818. Many houses, however, are going for well over their asking price these days.

While prices have skyrocketed, the total housing stock hasn’t had a chance to keep up, with the total inventory of houses on the market at a historic low. While new development could spur new listings and more affordable options, it’s certainly a “seller’s market” in Nashville these days.

Other markets near Nashville

It’s not just Nashville proper that has a lot to offer. If you’re looking for a little more space to stretch out for your dollar, these suburbs in the greater Nashville area may be ideal spots to shop around.

Brentwood

Glitz and glamor meet the down-home life in Brentwood. This upscale suburb has long been the home of some of country music’s biggest stars. That doesn’t mean you need a radio hit to call this town your home. Top public schools and a plethora of parks and green spaces are also big draws.

Franklin

When you want both charm and fun, you want Franklin. The city’s downtown historic district has been named to the National Register of Historic Places thanks to its well-preserved Victorian architecture.

Murfreesboro

A major city in its own right (sixth-largest in Tennessee), Murfreesboro has all of the amenities you’d expect of a place its size, while still providing easy commuter accessibility to Music City. Top attractions include Middle Tennessee State University, the largest school for undergraduates in the state, a historic Civil War battlefield, and a blossoming arts scene.

Looking to simplify the Nashville home buying experience? Try buying from Bungalo. All of our homes come with 90-Day Post Close Protection, meaning we’ll cover anything that doesn’t meet our Bungalo Certified standards for 90 days* and a 1-year warranty to provide you with the peace of mind to move in and enjoy. To find the perfect Bungalo home for you in Nashville, visit https://bungalohomes.com/homes/nashville-tn

This article is meant for informational purposes only and is not intended to be construed as financial, tax, legal, real estate, insurance, or investment advice. Bungalo always encourages you to reach out to an advisor regarding your own situation.

*Some limitations apply. See full list of Covered Items.