January 21, 2014 11:18 am
Are you thinking of selling your home? Are you dreading having to deal with strangers walking through the house? Are you concerned about getting the paperwork correct? Hiring a professional real estate agent can take away most of the challenges of selling. A great agent is always worth more than the commission they charge just like a great doctor or great accountant. You want to deal with one of the best agents in your marketplace. To do this, you must be able to distinguish the average agent from the great one. Let us help.
If we were hiring an agent to sell our home today, we would require that they:
1. Understand the timetable with which my family is dealing
You will be moving your family to a new home. Whether the move revolves around the start of a new school year or the start of a new job, you will be trying to put the move to a plan. This can be very emotionally draining. Demand from your agent an appreciation for the timetables you are setting. I am not suggesting that your agent can pick the exact date for your move. You just want the agent to exert any influence they can.
2. Remove as many of the challenges as possible
January 20, 2014 11:18 am
If you are thinking about purchasing a home right now, you are surely getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in real estate. Let’s look at whether or not now is actually a good time for you to buy a home.
There are three questions you should ask before purchasing in today’s market:
1. Why am I buying a home in the first place?
This truly is the most important question to answer. Forget the finances for a minute. Why did you even begin to consider purchasing a home? For most, the reason has nothing to do with finances. A study by the Joint Center for Housing Studies at Harvard University
reveals that the four major reasons people buy a home have nothing to do with money:
- A good place to raise children and for them to get a good education
- A place where you and your family feel safe
- More space for you and your family
- Control of the space
What non-financial benefits will you and your family derive from owning a home? The answer to that question should be the biggest reason you decide to purchase or not.
2. Where are home values headed?
January 18, 2014 11:15 am
January 17, 2014 11:15 am
Note: “Boomerang buyers” are former homeowners who have gone through a short sale, foreclosure, or bankruptcy in the past few years and are saving up for a down payment to purchase a home again.
January 16, 2014 11:15 am
We already know from NAR that 1 in 4 home sales in 2012 involved a seller over the age of 65. It’s also no secret that the aging population is growing rapidly, creating the commonly referred to “Senior Tsunami.”
With this massive demographic shift and impending related changes in the real estate market, agents have little choice but to expand their knowledge base in order to better serve this aging clientele and the buyers of their homes.
There seems to be a lot of curiosity (and skepticism) these days around the reverse mortgage products on the market and whether or not agents should familiarize themselves with them.
Of course, we have all seen the infomercials featuring Fred Thompson, Henry Winkler, and others touting the many virtues of the Reverse Mortgage for older homeowners, but why should real estate professionals learn about them?