It’s important to use a Realtor when buying or selling a home. Often, sellers think about hiring a professional to get top dollar with the least amount of hassle, while buyers might use an agent to mediate the process.
The home search typically begins online. In fact, 92% of buyers use the Internet to start their search. Interestingly enough, 95% of homes sold still use a Realtor or Builder’s agent. There’s a high number of real estate professionals still involved in transactions. Only 2% of buyers purchase directly from a seller.
Although the Internet is a great way to start, buyers will eventually use a Realtor to help with the process. They have the experience to know how to handle a transaction efficiently. If you’re thinking about selling a home, don’t underestimate the role of a real estate professional!
As always, give me a call or email with any questions or concerns. I’d be happy to help you!
The residential housing market has been hot recently. Home sales have bounced back to their second-highest price since February 2007.
As we approach the winter, many agents report an increasing amount of multiple offer situations. Listings are sometimes selling above listing price. If your home hasn’t sold yet, take another look at your listing. It could be the price holding buyers back! Increasing a price by 10% can dramatically reduce the amount of interested buyers interacting with your listing.
The bottom line: the market is hot. If your listing isn’t getting showings despite active online activity, sit down with your agent. You could be over by up to 12%. Revisit the price. At Rector Hayden, we use “the price on target” model to determine how much to price your home.
Feel free to contact us about a free consultation. If you have any questions, give us a call!
Many clients wait to sell their home after the holidays. Honestly, the holidays are a great time to sell. Here are some reasons why.
First, inventory is low. Sellers have less competition on the market. The inventory levels now are even lower compared to this time last year! Less competition helps your home stand out.
Second, buyers are more serious in the winter. These buyers, asking for showings during the holidays, are highly motivated to buy a home. Some may have been relocated by their employers, and need to be in a new home by January 1st.
Next, you have control over the showings. If you need a few days off from showings because of family, it's not a problem. We'll schedule showings to accommodate your schedule. You don't have to skip the celebrations when you sell during the holidays.
In fact, some homes show better during the holidays! These homes look nice and decorated. Your house might look its best this time of year. Take advantage of this opportunity. It's an excellent time to list and show buyers your beautiful home.
Finally, listings increase substantially after the holidays. We predict new construction will make a comeback in 2016. If you wait to sell your home until after the holidays, you will face more competition and less demand for your home.
Selling your home during the holidays is a fantastic opportunity! You will have less competition, more serious buyers, and you can still celebrate the holidays without the added stress of showings. If you have any questions, give us a call or send us an email. We look forward to hearing from you!
