Overcome your home selling fears

Remember when you learned how to use the jungle gym rings in grade school? If you wanted to get anywhere, you had to build up enough courage, motion, and strength to let go… and trust you would be able to grab onto the next ring, getting you one move closer to your goal!  

Buying and selling a home can be a lot like learning how to get across the jungle gym. You might miss your next ring, but you won’t get better if you don’t try again. You might dangle for a bit, until you have the right help come along and give you a nudge in the right direction. You might, however, get it the first time and ‘nail the landing’!  

The Repair Dilemma:

Sellers have never been more fearful to try their luck at the real estate ‘jungle gym’, and here are three major reasons why: 

We understand that putting your homes best ‘foot forward’ is to ensure it is looking its absolute best when a potential buyers walk through! Also, people don’t want to put a lot of money into fixing up their home just to turn around and sell it again… Especially knowing what kind-of a market their walking into! Let’s review a couple of different approaches that could be taken. 

  • Sell as is: If you are at peace with selling your home as is, then do it! Fix the basic items (replace lightbulbs, repair screens that may be ripped, tighten hinges on cupboard doors, etc.) and make sure your home looks cared for. Potential buyers will still see the love you have given your home even though you might not want to splurge to have that big deck put on for someone else to enjoy. Also, if you’re looking for a few affordable and fun projects, check out 5 easy ways to upgrade your home.  
  • Pick your investment: While you might not be interested in fixing every little item, you might want to invest in the most important ones. If you have spoken with a real estate agent…, they know what to look for. They will be able to advise you on what will have the biggest impact on your home’s sale price. The greatest agents will have terrific advice that will not break the bank but will get your house ready for the market! 

The Market:

In the housing market, the seller and the buyer are, in many cases, the same person – the existing homeowner. To buy a new home, you must sell the home you already own, and then find a home you like better. With the market being as tight as it is in today’s housing market, the risk of selling, if others do not, prevents many existing homeowners from selling. The result? Prices are further bid up by competition for the increasingly short supply. 

Sellers also think their home might not be worth as much as what they need in order to buy a home in a market like this. This is the ‘nudge part’ of the jungle gym analogy. The hesitation is understandable, but that is why relying on a great support system, for example, the agents at ERA Team VP Real Estate will give you the nudge in the right direction. With a free CMA [Comparative Market Analysis], these professional and knowledgeable agents can help capture the value of your home, which in this market will likely sell for more than you would expect! For a free valuation of your home, contact one of these qualified agents in your area. 

The complexity of the process is overwhelming:

There is no doubt that this process is complex….and at times overwhelming! From the beginning of packing up your house, going through the emotions of excitement and sadness to the elatedness of finding your dream home and looking forward to moving in… it is a lot to process, a lot to do, and a lot to keep organized! The right Real Estate Agent is key to eliminating stress and complexity while providing peace of mind throughout the entire process. Finding an agent who recognizes the value of your home, who communicates well and genuinely cares for your needs is crucial in making an overwhelming process a walk in the park. 

5 Easy Upgrades!

The amount of time a home spends on the market before going under contract is an indicator of how competitive the housing market is. Currently, homes are spending an average of 32 days on the market. The longer homes spend on the market, the more control homebuyers have in this ‘game of roulette’.  

Here are five easy ways to keep your house out of the seller’s limbo by adding perceived value (and actual value) to your home.  

  1. Upgrade your Mailbox 

It may seem like a silly thing, or something you might not even notice anymore when you drive into your driveway. But a weathered or outdated mailbox can be an eyesore for the potential homebuyer, especially when wanting to make a great first impression. It is also one of the easiest home improvements you can do! 

  1. Paint your Home Inside and Out 

Remember the time your kids insisted on bright purple or orange when painting their room? While that’s fitting for your family, a potential homebuyer might not have the same appreciation for those energetic colors, and it could distract them from seeing the true potential a room has to offer. Help buyers envision themselves in your home by painting rooms a neutral color. 

In a similar vein, if your house has always been known as the “pink” house on the street even though it was originally red, painting the exterior will also help with potential buyers. Painting the exterior of your home can be pricey, when done by professionals, the process has a very quick turnaround time, and the result will be sure to leave a lasting impression on potential buyers. 

  1. Clean, Declutter and Stage your Home 

People touring your home like to look not just at the larger rooms, but also poke around in closets or nooks and crannies to make sure their stuff will fit. If your closets are overflowing with the winter jackets, or you have too many pieces of furniture in a room-your home may not be ready to show off the qualities that make it truly unique. Nothing turns potential buyers off more than an unkept and cluttered home.  

  1. Fence in your backyard 

Sixty-seven percent of U.S. households, or about 85 million families, own a pet, according to the 2019-2020 National Pet Owners Survey conducted by the American Pet Products Association (APPA).  Over half of potential buyers coming to tour your home find a fence necessary, and the other 33% find it to be an extra perk, so it is a win-win!  

  1. Reinvent Interior Doors 

During all these other updates you’re working on, don’t forget to give those creaky, non-lockable doors a little TLC too. You know, the ones that are warped and stick to their frame from temperature changes. It’s amazing what a difference installing new doors in your home can make, and it’s even more amazing when you choose a beautiful doorknob style to complete the look!  

Happy Homesteading! 

ERA Team VP Welcomes 3 New Real Estate Agents

ERA Team VP is proud to announce the addition of three new real estate professionals to its team. Jesse Harmon, Lynn Case, and Patricia Collier all join the brokerage each with unique backgrounds.

Jesse Harmon joins the team with a background in nursing, yet has always had an interest in real estate. “My two kids and I enjoy spending time outside together. I also spend some of my free time volunteering for various organizations and giving back to the community.” Jesse says. She plans to serve Cattaraugus, Allegany, and Southern Erie Counties and is looking forward to helping friends, family and future clients with all of their home buying and selling needs. Jesse will be working out of ERA Team VP’s Allegany location. To reach Jesse directly, call 716-904-1456 or email jesseharmon02@icloud.com.

Lynn Case, who resides in Jamestown, NY, also joins ERA Team VP as a new agent, however, she has over 20 years of working with the public. Lynn is eager to dive into her real estate career and begin helping those looking to buy or sell a home. “I’m looking forward to serving clients in Chautauqua, Cattaraugus, Allegany and parts of Erie county. I have a passion for helping people and look forward to supporting my clients with one of the biggest steps in their lives!” Lynn will be working out of ERA Team VP’s Chautauqua office. To reach her directly, call 716-640-9393 or email lynn.case1@yahoo.com.

Patricia Collier is the third addition to the ERA Team VP Real Estate team. Patricia resides in the Olean area where she has worked as a real estate agent since 2016 and also owns a landscaping company with her husband. She says, “I grew up in a family that loved to buy and restore old homes, so I have a lot of experience in that. I have also worked a Community Outreach Coordinator and had some involvement in marketing while I resided in Maine.” Patricia says, “I intend to serve all over Cattaraugus and Allegany counties and truly enjoy working with military families. I am very familiar with VA loans.” In her free time, Patricia enjoys traveling, knitting, cooking, gardening and spending time with her husband, daughter, and dog, Loki. Patricia will be based in the Allegany, NY office but can be reached directly at 716-696-0259 or patricia.collier20@gmail.com.

“We’re thrilled to welcome Jesse, Lynn and Patricia to our team! Although each of these individuals have different backgrounds and experiences, I’m confident that they all bring a professional, motivated approach to our team,” says Bill Soffel, Broker/Owner of ERA Team VP. “We’re looking forward to providing each of these ladies with the tools and resources they need to succeed in the real estate industry!”

To learn more about ERA Team VP and the real estate or vacation rental market, visit www.erateamvp.com or www.myteamvp.com.

ERA Team VP Welcomes New Real Estate Associate, Ellen Fenton

ERA Team VP Real Estate & Vacation Rentals is thrilled to announce the addition of Ellen Fenton to its team in the Ellicottville, NY office. Ellen joins the firm with just over 5 years of real estate background and extensive insurance experience.

“We’re thrilled to have Ellen join our team! We’re confident that the ERA tools and resources will help her grow her business and serve our community very well,” says Bill Soffel, ERA Team VP Broker/President.

“I’m so excited to dive into my real estate career full force,” says Ellen, who also owns a local insurance agency, Ellen Fenton & Company LLC. “I know my extensive insurance background and experience will really facilitate my ability to serve my clients on a real estate level as well. The two go hand in hand.” As part of ERA Team VP, Fenton will have the opportunity to offer home buyers and sellers a wide variety of market-relevant products and services, as well as robust online marketing programs, extensive listing distribution partners, and related services including mortgage, title and home warranty.

Outside of work, Ellen enjoys spending time with her family and grandchildren and has recently taken up sewing. She loves animals, nature, and giving back to the community however she can.

To reach Ellen directly, you can call her at (716) 244-8933 or email her at ellen@ellenfenton.com. For more information about ERA Team VP Real Estate & Vacation rentals and the Ellicottville Real Estate and Vacation Rental Market, visit www.myteamvp.com or call (716) 699-4800.

Backyard Diaries Edition 2 – Bradford & Warren, PA and Surrounding Areas

With summer right around the corner, and social distancing still a huge part of our lives, now is a great time to revel in the place you call home! Bradford and Warren, PA offer a phenomenal selection of social distancing safe activities and destinations right in their backyard and ERA Team VP Agents and staff have the inside scoop on the best destinations!

Kinzua Dam

Situated on 39 acres of land, ERA Team VP Agents, Jaime Nuhfer, Tonya Studley, and Dave Lunden all agree that Kinzua is a must-see destination in the Warren/Bradford areas. Located in Mt. Jewett, PA, just 30 minutes from Bradford and just over an hour from Warren, this historical landmark offers one of a kind views, hiking/biking trails, and incredible natural scenery. Kinzua is best known for its sky-walk – a 300+ feet high viaduct with glass bottomed deck offering breathtaking views of the tower structure beneath.

Rimrock Hiking Trail and Overlook

ERA Team VP associates Denise Whipp and Jaime Nuhfer both recommend Rimrock Hiking Trail and Overlook as well. The 1.3 mile long trail connects Kinzua Beach to Rimrock Overlook, with incredible views along the way. “It’s definitely a favorite go-to in my family!” says Denise.

Jake’s Rocks

Another ERA Team VP favorite destination is Jake’s Rock Overlook in Mead township, PA. Soak in the views of the Jackson Bay on the Allegheny Reservoir! “Jake’s Rocks Overlook is a family favorite for us,” Jaime Nuhfer of ERA Team VP explains, “We really enjoy exploring the trails and gigantic boulders along the way!” This unique day trip destination is just a 30 minute drive from Warren and about 40 minutes from Bradford.

Other “Musts” Nearby

Debbie Swanson, ERA Team VP admin in the Warren, PA office, recommends a few other destinations in the area:
– Hector Falls – Kane, PA
– Chapman Dam – Clarendon, PA
– Hearts Content – Warren, PA
– Hickory Creek Wilderness Trail – Tidioute, PA

ERA Team VP Welcomes Two New Real Estate Associates

ERA Team VP Real Estate & Vacation Rentals recently announced the addition of two new Real Estate Associates to its firm. Joanna “Jo” Ross and Bonnie Lynch both join the firm with impressive backgrounds and experience.

Joanna “Jo” Ross has joined ERA Team VP’s Warren, PA office with 20 years of sales and marketing experience under her belt. “I’ve always had a knack for negotiating and and eye for finding unique qualities in properties,” says Ross, “These qualities, combined with my experience in sales and marketing, will equip me to thrive in the real estate industry and serve home buyers and sellers very well.” JoAnna enjoys being in the outdoors and likes to spend time kayaking, paddle boarding, hiking and golfing. To reach JoAnna call (814)-350-6248 or email joross.realtor@gmail.com.

Bonnie Lynch also joins ERA Team VP, working out of the Arcade, NY location. Bonnie is not a rookie in the real estate industry; she spent 1991-2001 as a realtor. “Although I spent a bit of time in the field, I know there’s been a lot of changes in the industry that I’m excited to dive into.” Bonnie says, “I really enjoy making people happy by making their dreams come true, so I’m thrilled to have the opportunity to do that and assist them with buying or selling a home!” Lynch loves spending time with her family and likes camping, bonfires, traveling and car shows. To reach Bonnie directly, call (716)-725-7585 or email her at bonniealynch65@gmail.com.

“In today’s market, growth is the only option, and attracting top talent is a surefire way to achieve that goal,” said Bill Soffel, Broker/Owner of ERA Team VP. “We are thrilled to have professionals of Bonnie and JoAnna’s caliber join our firm.”

As part of ERA Team VP, Ross and Lynch will be able to offer home buyers and sellers a wide variety of innovative and market-relevant products and services, as well as robust online marketing programs, extensive listings distribution partners, and related services including mortgage, title and home warranty.

For more information about ERA Team VP Real Estate & Vacation Rentals and the Real Estate/Vacation Rental Market in the Southern Tier of Western New York and Northwestern Pennsylvania, visit www.erateamvp.com or call their main office at 716.413.0200.

5 Things NOT to do During the Closing Process

Congratulations! You’ve found the home of your dreams and there’s a light at the end of the tunnel with a closing date just around the corner. Although this is an incredibly exciting time in your life, there are a few things you should keep in mind during the closing process.

We sat down with Emily McVay from Homestead Funding to further understand the home closing process and she provided several key “pitfalls” buyers often forget when waiting for closing day; often costing them their mortgage and ultimately their dream home.

  • Do not change jobs. According to Emily, “Change in job status will cause your file to be re-underwritten and reconsidered. This may cause a delay with your loan process or possible denial of your loan application.”
  • Do not use charge cards excessively or make late payments on any accounts. Often times, in order to save the cash reserves buyers have set aside for closing costs, they resort to “living” on their credit cards. “Excessive use of credit cards can have negative effects on your credit rating,” says Emily. “Also, late payments of any type can decrease your credit score, increase your home loan interest rate, delay loan closing, or cause loan denial.”
  • Do not spend money you have set aside for closing. “Most conventional loans require 2 months of reserve money to be verified in your available financial accounts. Once it has been verified for use at closing, spending these reserve funds may result in loan closing delays or loan denial,” according to Emily.
  • Do not originate any inquiries into your credit.
  • Do not make large deposits without checking with your loan originator first. Emily explains, “Abnormal deposits or large deposits…must have money sources verified by Underwriting. Making these deposits could result in loan processing delays or denials.”

For more information about real estate in your area, contact your local ERA Team VP Agent or visit www.erateamvp.com. For more insight about the home buying and financing process, contact Emily McVay at emcvay@homesteadfunding.com or 716-450-7773.

Emily McVay
Licensed Loan Originator (NMLS 1586340)
Homestead Funding Corp. (NMLS 3232)

Three New Real Estate Associates Join ERA Team VP

ERA Team VP is excited to announce the addition of three real estate agents in the Jamestown/Chautauqua office. Erin Reeves, Cindy Sellstrom and Heather Shea-Canaley each join the team with extensive real estate industry background and achievements.

Erin Reeves joins the team with 3 years of real estate background and is a life-long Chautauqua County resident. “I’m so thrilled to be diving back into my real estate business as a part of the ERA Team,” says Reeves. “I look forward to the growth and improvement ahead, and love the family atmosphere!” Erin can be contacted at 716-499-2956 or erinw2384@gmail.com.

Cindy Sellstrom is a long time Chautauqua region realtor with immense insight on the market. Cindy is excited to accelerate her real estate career and continue serving her clients using the industry’s latest tools offered by ERA. She can be reached at 716-485-3498 or soldbycindysellstrom@gmail.com.

Heather Shea-Canaley also joins the brokerage with extensive real estate background and knowledge and is already taking advantage of the ERA Team VP tools, services, and fun culture. She brings many years of experience as a Chautauqua region agent, and is well known in the area. Heather can be reached at 716-708-5000 or soldbyheather716@gmail.com.

“We couldn’t be more excited about what’s ahead for ERA Team VP for 2020,” says Bill Soffel, ERA Team VP Broker/Owner, “The addition of these three remarkable agents not only ensure growth for the company, but more importantly, contribute to our vision and core values as a team.” For more information about ERA Team VP Real Estate & Vacation Rentals and it’s affiliates, visit www.myteamvp.com.

Kacyn Cheney Joins ERA Team VP Real Estate & Vacation Rentals

Jamestown, NY — ERA Team VP recently announced the addition of Kacyn Cheney to its team of real estate sales professionals serving consumers in the Chautauqua County area.

Kacyn is the newest real estate agent to join ERA Team VP Real Estate, and she will be working out of ERA Team VP’s Jamestown location, at 23 E. 3rd St. Kacyn has been a Licensed Real Estate Salesperson for a year, and loves the industry! Kacyn is also a United States Air Force veteran.

“In today’s market, growth is the only option, and attracting top talent is a surefire way to achieve that goal,” said Bill Soffel, Broker/Owner, ERA Team VP Real Estate. “We are thrilled to have a professional of Kacyn’s caliber join our firm.”

“As a newer agent, I feel that I have a fresh, unique perspective on the real estate market and today’s industry,” said Cheney. “My creative outlook, in collaboration with ERA Team VP’s innovative techniques and tools, will allow me to better serve my clients and community. I look forward to the opportunities ahead!”

As part of ERA Team VP Real Estate, Cheney will be able to offer homebuyers and sellers a wide variety of innovative and market-relevant products and services such as the ERA® Sellers Security® Plan and the ERA® Gold Star Property program as well as robust online marketing programs, extensive listings distribution partners, and related services including the American Home Shield Warranty.  

For more information about ERA Team VP Real Estate & Vacation Rentals and the Real Estate/Vacation Rental Market in the Southern Tier of Western New York and Northwestern Pennsylvania, visit www.erateamvp.com or call their main office at 716.413.0200. To contact Kacyn Cheney directly, call (716) 397-4960.

10 Reasons to List Your House During the Holidays

Have you been slowly preparing to list your home for sale, but just not quite sure you’re ready to pull the trigger? Or has it crossed your mind, but you just don’t think “now” is the time? Have you told yourself, “It’s best to wait until Spring to sell”.  Well, believe it or not, there’s several advantages to listing your home now, despite the holidays being right around the corner!

  • People who are looking for home around the holidays are more serious buyers. Who would spend their holidays going around looking at houses they will never actually buy? Not many. If your home is listed for sale during the holidays and showings are scheduled, you can be confident those viewing your home are serious and committed to making a purchase soon.
  • Less competition. Many folks prepping to list their home for sale are in the same boat you were in before reading this- they’re going to wait until spring, or even a few years down the road. This means that those serious buyers looking at homes have less to choose from, resulting in a higher chance of them moving forward on yours.
  • Homes show better when decorated for the holidays. This is a no brainer- don’t you love your home more when it’s decorated for the holidays? So will everyone else!
  • Buyers have more time to look for a home during the holidays. Many people plan vacation time during the holidays, therefore have time off from work. If those people are serious about buying, they’re spending that time house hunting!
  • Many people want to buy before the tax year ends.
  • January is traditionally the month for transfers. Transferees can’t wait until Spring to buy. You must be on the market to capture that market.
  • Buyers are more emotional around the holidays. They’re considering their families, future children, and perhaps even future generations enjoying years to come.
  • It’s possible to restrict showings during special family holiday gatherings and events, just let your Agent know this ahead of time.
  • You can sell now, but specify a delayed closing or extended occupancy until next year if you desire.
  • By selling, you have an opportunity to look for something to buy in the Spring, when there’s more inventory on the market!

For more information about listing your home for sale, or if you’re interested in buying, contact your local ERA Team VP Agent today!