Walker Realty Group, LLC 1508 Coleman Road, Suite 101
Knoxville, TN 37909
(865) 240-3647
WalkerRealtyGroupTN(at)gmail(dotted)com
Walker Realty Group, LLC 1508 Coleman Road, Suite 101
Knoxville, TN 37909
(865) 240-3647
WalkerRealtyGroupTN(at)gmail(dotted)com

Knox Happenings Newsletter – August 2023

Checklist for Selling your Home this Fall


If you’re thinking of selling this fall, this is the ideal time to start the process. The earlier you get ready, the more successful your sale will be. It will likely go a lot smoother, too.

So, with those benefits in mind, here is a quick checklist that will guide you in preparing to list this fall:

• Financials. Find out how much your home will likely sell for in the current market. That calculation is made by looking at what comparable homes in the area have sold for recently.

• Decluttering. The more neat and spacious your home looks to buyers, the more appealing it will be to them. So, be relentless when decluttering.

• Fixing. If anything needs to be repaired or replaced, this is the best time to get that work done. You don’t want to have to scramble to find a contractor later on.

• Staging. Staging is the art and science of setting up a room so that it looks attractive to buyers. Well-staged homes tend to sell faster and for a higher amount. You can stage your home yourself or get professional assistance.

• Scheduling. When you list in the fall, you want to make it as convenient for buyers as possible to book appointments to see your home. So, make sure you have plenty of scheduling flexibility.

• Targeting. Are you also buying a new home? If so, then start the process now. Decide what type of home you’re looking for specifically and narrow your focus to those neighborhoods you want to get into.

Starting the selling process now gives you a head start when you list this fall. So, begin working through this checklist today.

Getting Family Members Enthusiastic about Moving


You may be excited about selling, but do your other family members share your enthusiasm? Kids can often be hesitant about, or even resistant to moving. That can make the selling process more stressful

The good news is, there are ways to get everyone in the family keen on the idea.

One effective technique is to get everyone involved in the planning process, especially kids. Seek their input. Keep them informed. Include them in conversations. The less of a mystery the move is to them, the more comfortable they’ll feel about moving.

When it comes to kids, another technique is to show them what their new neighborhood is going to be like. (Or, if you haven’t purchased yet, show them the areas you’re targeting.) Point out schools, parks, and other neighborhood features. That will build their anticipation.

For those family members who seem particularly troubled about moving, take the time to have a frank conversation with them. Let them relate their concerns. Sometimes having their concerns heard is all that’s needed to help them feel better about selling and moving.

Of course, there’s no perfect solution. But, these techniques can help get everyone in your family keen on the adventure.

The Role of Carrying Costs when Buying a New Home


When searching for a new home, many buyers will focus only on the list price and what they may need to offer to get the property. For example, a buyer might think, “We can get this house for $XX. That’s within our price range!”

Of course, the selling price plays the pivotal role in whether or not you can afford a particular home. But, carrying costs should also be considered.

Carrying costs include any regular expenses related to the property. The obvious ones are gas, hydro, water, garbage, and taxes. But, there may be others. For example, a home may also have a subscription-based alarm system, high-speed internet, and hot water tank rental.

If there are common elements, such as a private street or some other neighborhood feature, there may be an annual maintenance fee.

It’s also smart to factor in predicted maintenance and repair costs, especially when buying an older home. A property that hasn’t had its roof shingles replaced in 20 years may be due soon.

So, when you’re shopping for a new home, consider what the carrying costs will be. That will help you make a more informed decision.

That being said, stretching to pay a little more in monthly costs may be worth it, if you love the home and it, (as well as the neighborhood) has everything you want.