Twin Cities Real Estate – Selling the Family Home

New Home in Blaine MN

Family is important, and your decision to sell your Twin Cities home may be difficult for those
closest to you. Moving can create mixed emotions, and it’s important to help your
family understand how and why you made your decision. Including family
members in the process can prevent strong emotions from potentially sabotaging
the sale.

Family Home

As soon as you decide to sell your home, set aside time to have a serious
conversation with the rest of your family. If you have children living at home, they
may be fearful of leaving their home, their school, and possibly their friends.
Listen to them and reassure them of the safety of the family unit.

You can’t promise that nothing will change, but share the good things you expect
to get from the move; a bigger home, a better job, advantages of the new area,
etc. Help your children see that you’ve considered them from the very beginning
and explain why it will be a good move for them as well.

Move Family to New Home

Adult children might be difficult as well. Even though they have left the home,
they may be less than enthusiastic for several reasons. They may question your
decision to move into the new home or area, or they might simply be nostalgic
and sad to see their childhood home sold.

A home is a special place and the decision to sell, especially if you’ve been in the
home for a long time, affects not just you but your family. You can help bring
them into the conversation by making time to listen and understand their
concerns and then share your own. This way, while you might not all agree, no
one will feel left out of the decision.

MN New Construction Home

Tips For Selling Your Home When You have Kids

Family Time

Selling a home when you have young kids can be rather stressful and challenging. Fortunately, you find below some helpful things that you can do to make the sales process easier on you and your children.

Create a new daily routine

Selling your home can change your daily routine upside down and sideways. Intentionally design a new routine, Things will be easier when you plan quick & easy meals along with adding the daily cleaning tasks to your daily routine. You may find there will be less interruptions to your day.

Writing a Schedule

Clean, clean, clean

Your home should be dirt free when the buyers view the home. And there is a high probability that even if your kids are pretty clean, they might clutter some areas as they go about their playtime.

You need to be prepare for this challenge as you move into showing the property to potential buyers. Usually, sellers trying to sell quickly will always make sure their homes are as clean on a regular basis—and be prepared to clean up right away if the buyers are coming to check out the property. 

House Cleaning

Make the home appealing to the masses.

There are many things you do to your home to make it more attractive and fun for your kids. Some of these attractive designs include Impressive murals on the walls, fun neutral colors in the specialized play areas—these things make your life and your kid’s lives more enjoyable, full of fun and may provide good memories.

Paint Colors

However, your Realtor might recommend that you revert the playrooms to more general areas, paint the rooms with more neutral colors, and take down your family photos for showings.

Don’t take the changes personally. You are making a business transaction, since the goal is to obtain the best possible price for the sale of the home.

Strike a balance

Just like other rooms in the house, the kids’ rooms should be clean and dirt free. Does this mean playtime is prohibited while your house is on the market for potential buyers or clients? No. But it does mean you’ll might need to take an inventory on what needs to stay.

One of the best methods to make the home inviting besides making it dirt-free is depersonalizing. We don’t mean transforming it into open space, just a neutral home that could comfortably belong to anyone, even a buyer with kids or without kids.

Child with Airplane Toy

If you’re looking to sell your home in the Twin Cities and the surrounding suburbs, please feel free to call or text RE/MAX Results – Shannon Lindstrom, Realtor at 612-616-9714.

Consider Upgrading Your Twin Cities Condo or Home before You List

Kitchen

Most people have wandered through new condo or single-family home developments in the Twin Cities & surrounding suburbs and wished their own home looked as modern and chic. Model homes showcase the latest upgrades and decorating trends; for home sellers these homes are their competition, and it can feel daunting to offer an older floorplan and design.

While it might seem like a smart idea to simply offer a buyer credit and list, there are downsides to this plan, and taking the time to update on your own first could possible mean thousands of dollars in your pocket.

White Kitchen


Here are a few reasons why offering a credit might not be the best strategy:

Buyer Impression – A dated home looks old and not all buyers can see the potential.
Lower Offers – Offering a credit for repairs or updates could be viewed as high seller motivation, resulting in lower offers.
Value Differences – You and your buyer might disagree on the value of needed upgrades. For example, you might feel $2,500 is a fair cost for a new countertop whereas your buyers might expect considerably more; this can lead to more negotiations and lower sales price.
Home Condition – A property that shows its age can prompt the buyer to worry about the overall condition.
Loan Approval – Lenders are wary of buyer credits; in fact, upgrade or repair credits can be an issue. You might have a buyer unable to take advantage of the credit at all.

Home design trends change quickly. If you’re ready to sell, it could be tempting just to list your home in its current condition. Before you just add a credit to the listing, consider some simple updating so your buyers can see the value of your home.

Is This the Year to Sell Your Twin Cities Condo or Home?

Twin Cites Home

If one of the questions you’re asking yourself is, “Should I sell my condo or home this year?” consumer sentiment about selling today should boost your confidence in the right direction. Even with the current health crisis that continues to challenge our nation, Americans still feel good about selling a condo or home.

Condo Kitchen

Here’s why.

According to the latest Home Purchase Sentiment Index from Fannie Mae, 57% of consumer respondents to their survey indicate now is a good time to buy a home, while 59% feel it’s a good time to sell one:

“The percentage of respondents who say it is a good time to sell a home remained the same at 59%, while the percentage who say it’s a bad time to sell decreased from 35% to 33%. As a result, the net share of those who say it is a good time to sell increased 2 percentage points month over month.”

As you can see, many still believe that, despite everything going on in the world, it is still a good time to sell a condo or a home.

Why is now a good time to sell?

There simply are not enough homes available to meet today’s buyer demand, and they’re selling just as quickly as they’re coming to the market. According to the National Association of Realtors (NAR), unsold inventory available today sits at a 2.3-month supply at the current sales pace, which is down from a 2.5-month supply from the previous month. This record-low inventory is not even half of what we need for a normal or neutral housing market, which should have a 6.0-month supply of unsold inventory to balance out.

With so few condos or homes available for buyers to choose from, we’re in a true sellers’ market. Homeowners ready to make a move right now have the opportunity to negotiate the best possible contracts with buyers who are feeling the pull of intense competition when it comes to finding their dream home. Lawrence Yun, Chief Economist for NAR, notes how quickly homes are selling right now, further confirming the benefits to sellers this season:

“The market is incredibly swift this winter with the listed homes going under contract on average at less than a month due to a backlog of buyers wanting to take advantage of record-low mortgage rates.”

However, this sweet spot for sellers won’t last forever. As more homes are listed this year, this tip toward sellers may start to wane. According to Danielle Hale, Chief Economist at realtor.commore choices for buyers are on the not-too-distant horizon:

“The bright spot for buyers is that more condo & homes are likely to become available in the last six months of 2021. That should give folks more options to choose from and take away some of their urgency. With a larger selection, buyers may not be forced to make a decision in mere hours and will have more time to make up their minds.”

If you’re ready to make a move, you can feel good about the current sentiment in the market and the advantageous conditions for today’s sellers. Let’s connect today to determine the best next step when it comes to selling your house this year.

Twin Cities Sellers Contact

3 Must-Do’s When Selling Your Condo or Home This Year

Welcome Home !

It’s exciting to put a condo or a home on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind. Growing emotions can help or hinder a sale depending on how we manage them.

Welcome Home !

When it comes to the bottom line, homeowners need to know what it takes to avoid costly mistakes when it’s time to move. Being mindful and prepared for the process can help you stay on the right track when selling your house this year.

1. Price Your Home Right

When inventory is low, like it is in the current market, it’s common to think buyers will pay whatever we ask when setting a listing price. Believe it or not, that’s not always true. Don’t forget that the buyer’s mortgage lender will send an appraiser to determine the fair value for your house. The bank will not lend more than what the house is worth, so be aware that you might need to renegotiate the price after the appraisal. A real estate professional like RE/MAX Results – Shannon Lindstrom, Realtor can help you with determining an estimate value of your home.

Home Purchase Closing Costs

2. Keep Your Emotions in Check

Today, homeowners are living in their condo or home for a longer period of time. Since 1985, the average tenure, or the time a homeowner has owned their home, has increased from 5 to 10 years (as shown in the graph below):This is several years longer than what used to be the historical norm. The side effect, however, is when you stay in one place for so long, you may get even more emotionally attached to your space. If it’s the first home you bought or the house where your children grew up, it very likely means something extra special to you. Every room has memories, and it’s hard to detach from the sentimental value.

For some homeowners, that makes it even harder to negotiate and separate the emotional value of the house from the fair market price. That’s why you need a real estate professional to help you with the negotiations along the way.

3. Stage Your Home Properly

We’re generally quite proud of our décor and how we’ve customized our condo or home to make them our own unique homes, but not all buyers will feel the same way about your design. That’s why it’s so important to make sure you stage your house with the buyer in mind.

Buyers want to envision themselves in the space so it truly feels like it could be their own. They need to see themselves inside with their furniture and keepsakes – not your pictures and decorations. Stage and declutter so they can visualize their own dreams as they walk down the hall. A real estate professional like RE/MAX Results – Shannon Lindstrom, Realtor @ 612-616-9714 can help you with tips to get your home ready to stage and sell.

Today’s sellers’ market might be your best chance to make a move. If you’re considering selling your house, let’s connect so you have the help need to navigate through the process while prioritizing these must-do’s.