When a homeowner decides to sell their house, they obviously want the best possible price with the least amount of hassles. However, for the vast majority of sellers, the most important result is to actually get the home sold. I ask every prospective home seller I meet with, what they desire most in the transaction and the number one response I get is, “Results”.
In order to accomplish getting a home sold, a seller should realize the importance of using a real estate professional. We realize that technology has changed the purchaser’s behavior during the home buying process. For the past three years, over 92% of all buyers have used the internet in their home search according to the National Association of Realtors’ most recent Profile of Home Buyers & Sellers.
However, the report also revealed that 95% percent of buyers that used the internet when searching for a home purchased their home through either a real estate agent/broker or from a builder or builder’s agent. Only 2% purchased their home directly from a seller whom the buyer didn’t know.
Buyers search for a home online, but then depend on an agent to find the actual home they will buy (53%), or to negotiate the terms of the sale & price (48%), or to help understand the process (60%).
The plethora of information now available has resulted in an increase in the percentage of buyers that reach out to real estate professionals to “connect the dots”. This is obvious, as the percentage of overall buyers who used an agent to buy their home has steadily increased from 69% in 2001.
If you are thinking of selling your home, don’t underestimate the role a real estate professional can play in the process. It is important you know, that I am here to help and free to contact me anytime at (248) 939-9393.
In school we all learned the Theory of Supply and Demand. When the demand for an item is greater than the supply of that item, the price will surely rise.
The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 4.4-month supply. This is considerably lower than the 6-month inventory necessary for a normal market.
Every month NAR reports on the amount of buyers that are actually out in the market looking for homes, or foot traffic. As of April, buyer demand has significantly outpaced the inventory over the last six months.
Many buyers are being confronted with a very competitive market in which they must compete with other buyers for their dream home (if they even are able to find a home they wish to purchase).
Listing your house for sale now will allow you to capitalize on the shortage of homes for sale in the market, which will translate into a better pricing situation.
Many homeowners underestimate the amount of equity they currently have in their home. According to a recent Fannie Mae study, 37% of homeowners believe that they have more than 20% equity in their home. In reality, CoreLogic’s latest Equity Report tells us that 72.6% actually do!
Many homeowners who are undervaluing their home equity may feel trapped in their current home, which may be contributing to the lack of inventory in the market.
If you are debating selling your home this year, our team of expert advisors can evaluate the equity you have in your home and the opportunities available in your market. It is important you know that we are here to help.
17 years ago this month, I successfully passed my real estate salesperson license and started a new chapter in my life. It is almost surreal the journey that I have experienced. When I started my real estate career I was living at home with my parents, held three other jobs which were delivering pizza, working as a paid-on-call firefighter and picking up life guard shifts. I was determined to do what it took to succeed in real estate and wanted to make a difference while helping people accomplish their goals.
I have helped 693 wonderful people accomplish their real estate goals whether it was selling, buying or leasing a residential property which has totaled over 153 million dollars in sales. I am proud to say that over 75% of my clientele comes from either referral’s or business from past clients, friends, neighbors and other great people in my sphere.
My business has grown from 2 million dollars in sales my first year to almost 30 million dollars of sales in 2016. I started my career as one man show and have built a team that consists of five amazingly talented, passionate and dedicated licensed professionals who passionately believe in the core values of consistency, value, relationships, expertise and contribution.
I would graciously ask if you could please take a moment to think of the first person who comes to mind that is looking to sell or buy a home this year. Please feel free to call, text or e-mail me your referral if I have your permission to reach out them directly.
Thank you in advance for your trust and keeping me in mind for anyone you know that could benefit from the first-class real estate services I provide. My success is because of your continued trust and referrals.