When selling your home, at some point the question of financial concessions will arise.
When selling your home, at some point the question of financial concessions will arise. These may be credits for closing costs, repairs, buyer’s agent commissions or upgrades and these incentives may improve your ability to sell the home, especially if the home is not in turn-key condition. Yet these do reduce the profit from your sale, so before you make the decision, consider your options.
What to Expect From a Listing Agent
Hiring a listing agent isn't just about placing a lockbox and sign; they're your advocate, guiding you through negotiations, working behind the scenes, and ensuring a smooth, profitable transaction.
“Date the Rate and Marry the House”- Is This Still a Good Idea?
You’ve heard the old expression, “Date the Rate but Marry the House.” The idea is that you can always refinance the loan, but the right house may not come around again. But with rising interest rates and falling home inventory, many buyers are wondering if this mantra still rings true. Should you marry the house at whatever interest rate is available?
How to Use Comps to Price Your Home Correctly
The most important aspect of listing your home for sale is the asking price. Unlike many other items we purchase, home prices are based on what a willing and able buyer would pay for the property. Sounds complicated, right? This is why real estate agents bring comps (short for comparable properties) information with them to the discussion. Yet are you using the right comps to successfully sell your home?
Pricing Strategies
Real estate markets across the country are experiencing a strong seller’s market right now. For potential sellers, this may be a golden opportunity to get top value for their property. While it may be tempting to aim for the sky when setting the listing price, that may not be your best option.