Real Estate

  Real Estate Market Stats vs. Comps: What’s the Difference? How using market research, and not just comps, can help Realtors understand trends and help clients make savvy decisions. Realtors know the ins and outs of comps — what they are, why they are important in every deal, and how they set the price and tone of the transaction overall. But how do comps compare to market statistics, and more importantly, when should you look to one over another? COMPS :  This stat  helps consumers who have already decided to buy something evaluate the different options on the market; helps a seller understand how their product stacks up compared to other products currently “on the shelf” MARKET STATS:  These help professionals gauge the health of the marketplace overall and to set expectations throughout the transaction for both buyers and sellers. Helps them communicate how competitive the marketplace is, how pricing is trending, whether the marketplace favors buyers or sellers, ...

  5 Benefits Of Using A Local Lender Buying a Home? Buying a home – whether it’s your first or 10 th , can be very stressful.  Once you find your future home you have the challenges of packing up your home and maybe life, making sure your current home passes inspections and the last thing that you want to worry about is your mortgage. Going with a local lender is a wise choice as it will ease your mind knowing that your money is in trusted hands. 5 Reasons to Use a Local Mortgage Lender   1. Reliability  – As a local financial organization, they can be more reliable than the larger companies. The larger the bank, the more departments get involved, and the less anyone knows what’s going on with the team. Local branches can check in with their individual team members with who they work hand in hand every day to ensure the process is going smoothly. They have their own in-house underwriters, so their teams are involved every step of the way to make sure there is less st...

  4 Tips To Sell Your Home Quickly A quick and profitable sale is the goal in mind when selling your home. Who doesn’t want their home  to sell quickly and for the best price possible? No one wants to have showing after showing with no offers, low ball offers, or worse yet no showings at all. Research shows that the longer a home is on the market, the less the seller will net. If you are selling your home here are some tips to help you sell your home quickly and for the most money. 1. Correct Listing Price It is of utmost importance to price your home at competitive market value. In our area on the shore the market is extremely competitive. Over-pricing your home may result in longer time on the market and often lower offers. Pricing a home at a higher price does not lead to a higher sale price. The most important factor in selling your home for the most money and in the shortest time frame is pricing it correctly. 2. Cleanliness & Clutter-free A house that is fresh, ...

7 Tips to Consider When House Hunting   House hunting?  There’s a lot of information and advice on how to go about choosing the right home. Here are 7 tips from the National Association of Realtors to help you understand what’s really important when shopping for your new home. Know that there’s no “right” time to buy. If you find the perfect home now, don’t risk losing it because you’re trying to guess where the housing market and interest rates are going. Those factors usually don’t change fast enough to make a difference in an individual home’s price. Don’t ask for too many opinions. It’s natural to want reassurance for such a big decision, but too many ideas from too many people will make it much harder to make a decision. Focus on the wants and needs of the people who will actually be living in the home. Accept that no house is ever perfect. If it’s in the right location, the yard may be a bit smaller than you had hoped. The kitchen may be perfect, but the roof needs repai...