We have buyers who found a home they would like to purchase....but they need to sell their house to make the deal. We scrambled to get it prepared, and we were ready to hit the open market this weekend - but the forecast is for more rain. Normally, we would wait until...
Thinking of Buying?
One Guarantee for 2023
There will be one overwhelming factor in selling real estate this year: Buyers Will Want To Pay Less. They are coming into every situation with that mindset. Whether it's online or in person, they will be looking for ANY reason to NOT buy this house. If they can't...
Revised Estimates of Value
Just a quick reminder of the constant grift in real estate. Before the listing was entered onto the MLS: After the MLS listing was inputted - at least they didn't recreate the history graph.....yet: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Before the listing...
Lowball Season
Let's face it, at least 90% of the current listings aren't coming off their price much. To get a deal, you have to make offers! Here are some good tips: https://www.realestateskills.com/blog/lowball-offers#offer
Giving It Away?
It was back when some homeowners had little equity that my favorite seller quote became a t-shirt legend. But we still hear it today - when it comes to price, home sellers regularly say, "I'm Not Giving It Away!". Their equity positions used to be pennies, compared to...
Biological Discoloration
We were discussing the "mold" found by a home inspector, who wasn't qualified to comment on the subject - though that didn't stop him from trying to scare the daylights out of the buyer just so he could CYA. I suggested that it was the garden-variety mildew that could...
To Those Who Are Waiting
Here's more click bait on the front page of the local paper, and most people won't read any further - it's too easy to decide to do nothing, which is fine. Wait as long as you want, and we will see where it goes. It's a great plan if you're a buyer and don't care much...
Open House Report 2
I had another 80+ people attend my open house on Sunday, and a total of more than 200 people for the weekend. Virtually everyone who came was older, and the overwhelming message was that the buyer pool for one-story homes is large and they are hungry for product. We...
Where To Get A Deal
Are you waiting to buy a home until you can get a sizable discount? Is it because you know a guy who will give you a deal on any home improvements needed; you've got your eye on some new appliances down at the scratch-and-dent outlet; and you were thinking about going...
Summer Listings & Sales History
Chris asked how the current environment compares to the 2008 downturn. In the summer of 2008, there were only 601 NSDCC sales between June 1st and August 31st, in spite of there being 1,348 listings that summer. For the next two years, the number of listings far...