Homebuilders and decorators make it very alluring; there is no doubt about it. But yes, buying a brand new home in a new subdivision is risky. Some homeowners have certainly found themselves in an uphill battle when the time comes to sell. Competing with homebuilders, still actively building in the subdivision, when the unexpected or a relocation arises, can be tough. The uphill battle will last as long as new construction continues in the neighborhood. Builders will usually start discounting in order to complete one subdivision as they start building in another location.
A pre-owned home will always be a safer choice if there is any possibility of moving in less than 5-7 years. Continue reading
Some Are Worth Their Weight in Gold…Others Not A Penny!
AgentHarvest received an email from one of their elite listing agents in the Seattle area recently. He shared a video of how a mistake by a Realtor cost their own client an extra 25K. It highlights how real estate contracts and contingencies can be confusing for the inexperienced Realtors. Continue reading
As we get older we need to consider where we want to ‘age in place’. Remaining in our home may be just too much to handle, especially if it’s too large or in need of repairs. A large two story home certainly doesn’t meet our needs any longer. We question ourselves if we should sell and downsize to smaller home or invest our equity and just lease. Or, would it be better to hire someone to make modifications in order to remain where we are. Continue reading
When I sold my home in Portland, it was not the easiest home sale experience. It was not due to my agent, who had decades of experience in the Portland market, it was due to two inexperienced buyers agents. Read on to find out what happened, and how you can respond when a low quality agent throws a wrench in your real estate plans. Continue reading
Think commission is the only reason a homeowner sells FSBO? Not Always!
Most FSBO’s just want to save money and not pay the normal commission to list their home through a Realtor. This article is a warning to homebuyers of unscrupulous reasons some other homeowners sell FSBO. I would have not known this homeowners intent had we not met face to face. She had no intention of being truthful to potential Buyer. She refused to complete the Seller’s Disclosure Notice and went FSBO instead. Continue reading
Buying a home is no walk in the park. Even after working with the help of a great real estate agent, you still have to deal with the financial side of buying a home. Unless you are in a position to buy the home outright with an all cash offer, you can take steps ahead of time to prepare and make the home buying process as easy as possible. Getting your finances is order is not too difficult, but can take time. Here are the steps you should follow to prepare for making an offer on a new home. Continue reading
Buying a home is a big deal, and when you start on your house hunt you’ll likely find plenty of advice waiting for you. Whether it is a friend or relative, be on the lookout for bad advice. Some of the worst advice could ruin your purchase, your finances, or worse. Continue reading
In the old days, buying a home was much simpler. You went to the house, checked it out, and made an offer. But these days, getting a new home is a family affair. You might have parents, in-laws, or siblings across the country who want to help and share an opinion. Maybe you have a friend or two whose opinions you value. Or maybe you have a spouse and want to tag team the search process. However you want to collaborate, the new Collections app from Compass makes it easier! Continue reading
If you love the feeling of a home full of life, fun, and friendship, your next home should be ideal for entertaining. If you are looking to buy a new home and have entertainment on the mind, don’t settle for anything less than a home that meets your needs. With the right agent, your dream entertainment venue is just around the corner. Continue reading
The standard rate in real estate is a 3 percent commission for the buyer’s agent and a 3 percent commission for the seller’s agent. But are those Realtor fees negotiable? Like almost anything else in life, the answer is a big yes. But if you want a break on fees, you need to bring something to the table yourself to show why you should get a cut. Continue reading