The average Realtor sells about 4-6 homes a year. This isn’t enough to make a living on and these Realtors will typically have a second job. Why does this matter to you? The number of transactions a Realtor has each year gives you an idea of the experience they have so far in the business.
Buying a home is intense. SELLING a home is intense. Selling a home and THEN buying a home? Perhaps the most challenging of all! Here are some tips to more seamlessly incorporate the two. 1- Evaluate your current home’s worth- make sure that you have enough equity in your current home to use towards your
Have you ever heard the term ‘I-Buyer’? No? Well- they haven’t quite spread to Utah yet- but we expect to see them soon. An I-Buyer is an investment group that helps you to sell your house quickly. They give you a standard offer, which is your home value, minus the cost of repairs/updates and a
Every seller’s nightmare- but it happens to some. You’ve listed your home for sale- but it just. Won’t. Sell. What do you do now? If your property isn’t selling, there is a problem with your price, condition, or location. You can’t do anything about your location- but you CAN do something about the other two
We are still in a seller’s market, but that power is weakening. Last year, in the summer of 2018, we had one month of inventory for single family homes in the average price point. Meaning that if no other homes were listed for sale, it would take one month to sell everything on the market.
Let’s talk about price changes for the last 20 years in Utah. From 1996 until 2005, appreciation for single family homes in Utah went up. Appreciation was strong, but not aggressive. Then, from 2006-2008, appreciation went up 21% one year and 22% the next year. As many of us remember, the market fell out and
When buying a home, you’ll hear a lot of new terms and acronyms bandied about. Here is a list of common acronyms with real estate to help you make sense of it all. MLS- Multiple Listing Service- This is where Realtors post all of the homes that are for sale in a single spot. CD-
If you are thinking about investing into real estate, you need to consider the four values of real estate investment to figure out if something is a good investment.Cash FLOWAppreciationTax BenefitsMortgage Paydown.Too often, people think only about the cash flow- but we will explore ALL of these values so you can be well-informed about your
Pricing your home correctly is a difficult process. When coming up with an appropriate listing price that could be the sales price for a home, we Realtors crunch a lot of data, combine it with years of experience and give you a well educated guess. Let me share a story. I recently met someone who
When you sell your home, your potential buyer wants to be comfortable buying the property. Home inspections allow them to do that. The seller is required to allow all inspections to their property that don’t cause damage.As a seller, you’ll want your home to be clean and show ready (sometimes, home inspectors will pull out