Wednesday, February 10, 2021 / by Brittany Adamson
Selling your home is a big endeavor that should include working with a Real Estate Professional. Here’s a few reasons why you should consider using a REALTOR when selling your home:
First of all, a REALTOR has access to a variety of data platforms that include recent home sales in your neighborhood as well as day-in and day-out experience with what’s sold in the area. This will allow you to get the best price for your home in the current market. In addition, a REALTOR can access your local MLS where your home will be featured, so they can showcase the various details of your property to those buyers looking in your area.
Selling your home is a full time job--it will be difficult to juggle work, answer showing requests, plan showings, create flyers, invest in additional market exposure, communicate with title companies, homeowner’s associations , lenders, and so much more. A REALTOR becomes your marketing specialist. They ...
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Wednesday, February 3, 2021 / by Flr Team
Are you thinking of putting your home up for sale within the next 3-6 months? NOW is definitely the time to do it! Why? Because we are currently in a seller’s market. This means the demand exceeds the supply.
Our agents have a lot of interested buyers but the Real Estate inventory is low. With fewer homes being available, sellers have the advantage!
How so? When you are in a Sellers Market...
-Homes sell faster
-Buyers compete with each other in order to score the property
-This often makes buyers spend more on a home
-Increased interest means that buyers have the power to negotiate
-Buyers are more willing to accept properties as-is
In addition, with the shortage of homes available, this typically leads to a lot of bidding wars. During the bidding war process, buyers will make competing offers and drive up the price which typically exceeds what the seller initially asked for.
With that being said, if you haven’t checked out a recent home valu ...
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Wednesday, January 27, 2021 / by Ryan Moreau
With the market being in favor of sellers right now, a lot of people are putting their home up for sale. Are you considering listing your home but not sure where to start?
Check out our step by step process on how we get you from listed to sold:
First and foremost, you want to meet with an agent to review your options. There is no commitment required on your part for the initial meeting. But it will be educational in helping you identify your next steps.
Establishing a price for your home is important. In order to establish that number, we will review a market analysis which helps you (the seller) understand what to expect.
Following that, you will need to prepare your home. You will want to view your home from the eyes of a buyer and ask yourself what you’d expect. This is where your agent may offer suggestions on what you could do to increase the value of your home.
The next step is probably the exciting part of the process. Listing your property for ...
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Monday, January 18, 2021 / by Amy Moreau
Are you ready to begin your home search but not sure where to start? One of the biggest questions you probably hear are, “have you been preapproved,” or “did you get prequalified?” It is exciting to see what you get approved for, but it’s also good to understand the difference between being prequalified and preapproved as it can dictate your overall budget.
Prequalification essentially means that the creditor has done a basic review of your credit to determine if you are likely to qualify for a loan or credit card. It gives you no real guarantee.
You are sharing pretty basic information about your financial situation, such as your annual income, monthly housing payments and savings. If you were to get denied during this inquiry, you will not be able to move forward to a hard inquiry.
A pre-approval involves a formal application process where there is a formal commitment from the lender, stating how much you can borrow at what rate. The; ...
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Wednesday, January 13, 2021 / by Nichole Barna
Real Estate in 2020 was quite interesting. In spite of the pandemic, recession, and unemployment, the average home value was still up 5 percent and mortgage rates were at an all time low!
Many are predicting 2021 to be another optimistic year, for Real Estate anyways. Some things to keep in mind are as follows:
Shift for More Affordable Housing: People will move where the jobs are and away from expensive housing. Millenials are relocating out of state to live a more affordable lifestyle. With the unemployment rate so high, we are projecting to see many people on the move.
Urban Shift: The pandemic has shown that many jobs can be done from anywhere. So although many people are relocating to warmer climates or more affordable areas, there are still others who want to be near the infrastructure, social activities and close to premium healthcare services.
Jobs: Some jobs are not coming back. Businesses have adapted to fewer employees during the Pandemic. ...
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