Historical Context According to some historians, real estate open houses, or similar concepts date back as early as the 1910s. Then called an “open for inspection,” event, buyers would open their homes to the public so that interested parties could step inside and inspect the home’s features. Over the next 20-30 years, a variation of …
Within the last 12-18 months, the national real estate market has experienced historic, nearly unprecedented trends. Home buyers have foregone inspections and appraisals. Sellers have gotten multiple offers even before a multiple listing service (MLS) link goes live. They have offered over asking price, putting large sums of cash to cover a sale beyond what …
How to Know When It’s Time to Lower Your Listing Price Read More »
Over the past few years, with the pandemic, and in particular the supply chain issues that have affected both the cost and availability of materials for new build construction homes, more people than ever have been buying older, existing homes. Additionally, with the unprecedentedly hot housing market, many people are considering striking while the iron …
Which Renovations Add the Most Value to Your Home Read More »
Whether you are on the buying or selling end of a real estate transaction, the transfer of ownership of a home is likely one of the largest financial transactions most people encounter in their lifetimes. For this reason, it is important to understand the most common fees when buying or selling a home. Seller Costs …
It seems as if every time you turn on the news, open the cover of a popular magazine, or scroll social media there is an announcement declaring that another famous person has their home listed for sale. Whether it is an oceanfront property, a 90-acre Montana farm, a quirky New York City apartment, or a …
Earnest Money Defined If the word “earnest” is defined as showing sincere and intense conviction, then “earnest money” can be considered the good faith deposit in a real estate transaction that shows a buyer’s sincere and intense conviction (interest) to purchase the home upon agreement of a signed contract. Essentially, earnest money is a deposit …
When you envision a real estate closing you may think back to movie images or your own past experiences where there are lots of people wearing suits, oversized mahogany tables, and fancy pens held by buyers and sellers who are signing paper documents ad nauseum. While it’s true that some in-person closings still involve big …
With the rise of home viewings being available through photographs, high-quality video, and live virtual tours, getting the right visual representation of your home is perhaps more important than ever. Whether a person physically steps through your front door or sees a listing online, setting the right first impression is of utmost importance. One of …
No one, even the experts can truly see into the future. And while it would be nice to have a crystal ball to get a peek into what the real estate trends might look like in the coming year, just about every aspect of these trends is pure conjecture using only predictions of data to …
As potential home sellers head into the autumn months, it’s a smart move to make sure your agent plans to do a video tour of your home this season. Even if you don’t have plans to list your home until the later winter months or closer to a December PCS, below are four reasons why …
