What to Look For in a Listing Agent
Buying a home is a big investment. So, when you sell your home, you then have the opportunity to cash in on the return. There is a lot that goes in to selling your home, from marketing your home to dealing with potential buyers, working through paperwork and closing on the home. If you don’t know the real estate market inside and out, the process can be daunting. Luckily, Suzanna Wolfe is an expert in the industry and has the training, resources and pull to make the home selling and buying process significantly smoother. This will help you get a great return on your investment. So what is a listing agent? A listing agent is a real estate professional who represents the seller in a real estate transaction. Just as it sounds, the listing agent lists the home for sale and works on the seller’s behalf to sell the home at a price and under terms that are best for their client. They are able to handle negotiations and get the best terms possible. Selling a home can be stressful to navigate, especially for first-time sellers. A listing agent can help by taking on some of this burden and providing the information and resources needed to help sellers make informed decisions. A listing agent can provide professional consultation, determine an asking price for the home, market and sell your home, schedule showings, communicate and negotiate with the buyer’s agent, and recommend other professionals that can aid in selling a home. Do your research on the best listing agent for you, your property, your area, and your needs. Keep in mind which buyers agent has the best results, reputation, and offerings for you. This will optimize your home selling experience.
Easter Event, You’ve Been Egged!
Want to get your name out and also host a fun Easter event for your business? Try the “You’ve Been Egged” Event! Pre-fill Easter baskets with candy, eggs, and toys. Host a sign up for your past and current clients. Offer to deliver the baskets, and also a yard sign that says they’ve been egged, and also includes your company’s logo on it. This is a fun way to get your name out in the community, while also giving back to your clients. Keep the signs up for a week after the event, and then collect them and save them for the next event. Aside from helping to build brand presence before, during, and after this event, you can generate leads, pipeline value, and new opportunities and clients. In addition to new leads, event marketing can increase overall customer satisfaction, retention, and engagement.
Market Value Vs. Appraised Value
When it comes to real estate, there must be a meeting of the numbers for a property sale to take place. The value a buyer puts on a property can vastly differ from the value a seller or lender places upon it. The seller, the buyer and the lender must find an agreeable value to attach to a property so the sale can take place. This can be accomplished only when the market value and the appraised value are as close to each other as possible, within reason. Market Value The market value is the amount potential buyers are willing to pay for property. A seller can set an asking price, but that amount may not be in total agreement with what buyers are willing to pay. The difference between an asking price and the market value is largely out of the seller’s control. For example, one person can view a property, determine it is exactly what they are looking for and worth the asking price to them, whereas another person could look at the same property and feel the asking price is too high for them. Appraised Value When a potential buyer goes to a lender to get a mortgage loan for property, the lender will take several factors into consideration when determining the property’s value. The property’s neighborhood, the value of comparable properties of similar size and construction, even such things as the type of fixtures on the property and layout of the parking lot are considered when determining the appraised value of a property. This is the value on which a lender will determine whether to proceed with the mortgage. Differences in Determination The market value of a property is the amount a buyer is willing to pay, not the value placed on the property by the seller. For example, a seller might list a property for $350,000, but if buyers are only willing to pay $300,000, then the market value is $300,000. However, if a property listed at $350,000 has several buyers interested, the market value can meet or exceed the listed price. Appraised value is the value the buyer’s bank or mortgage company places on the property.
What Are You Doing With Your Tax Return and Stimulus?
Every once in a while, the stars align and things can fall perfectly into place. That’s the case right now. With tax returns and stimulus checks coming in, just in time for the spring home buying season! With a little planning, you can use this income to put together a down payment for your first or even next home. So, how much will you need? The answer depends on the price of your home and the type of loan you choose. Your actual figure may be higher or lower, so it’s a good idea to meet with a loan officer before you’re ready to buy. They can help you determine what price range fits your budget, what kind of loan makes sense for you, and approximately how much you’ll need for your down payment. The final number you come up with may sound big, but there’s the good news. With extra money coming in from the government right now, you can reach your goal sooner than you thought with a tax return and the stimulus. There are several things you can do to get ready to buy your first home, from getting pre-approved to improving your credit score to talking with a loan officer to understand your options. The Suzanna Wolfe Team is here to help you find your dream home when you’re ready. It may be sooner than you thought possible!
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