What Does a Pending Sale Mean?

Buying a home is a process. Once a buyer writes an offer and has it accepted, the listing is placed in a state called “pending sale.” During this stage, the principals involved perform all the elements of the contract, and once complete, the title is transferred to the new owner. Sounds simple, but this stage…

Seller Pricing for a Slowing Market

An unexpected byproduct of the pandemic has been a booming housing market. As Covid-19 hit the country, the housing supply was already low, and the lockdown depressed the volume even more. As more homebuyers began looking for new homes, fueled by the ability to work-from-home and low interest rates, sellers have been experiencing a strong…

Sellers Guide to Buyer Contingencies

Every  news  article  talks  about  the  fact  that  it’s  a  “seller’s  market.”  This  means that  if  you  are  selling  your  home,  you’ve  probably  gotten  a  few  offers  from  which to  choose.  While  sales  price  is  important,  so  are  the  contingencies  attached to  the offer.  Understanding  what  these  contingencies  mean can  help  you  choose  the best …

Can You Sell an Outdated House?

It seems  that everywhere you  turn  there are  companies  who  advertise  buying ugly  houses.  These messages  offer  to  quickly  buy  any  house,  regardless of  the condition.  The  problem  is  that  their  offers  are  often  significantly  below  market value.   If  you’re a  seller  whose home needs  some  attention, you  might  think these companies  are  your  only …

5 Reasons Selling Without an Agent is a Bad Idea

Do-it-yourself  projects  are  in vogue  these  days.  You can find advice  online  for  everything  from investing  in crypto-currency  to  tearing  down the  living  room  wall.  When  considering  the  cost of moving,  it’s  natural  to wonder  if  real estate  commissions are  one way  to  save money, but it would  be a  mistake.  A  good  real  estate…

3 Pricing Strategies in a Seller’s Market

Real  estate  markets  across  the country  are  experiencing  a  strong  seller’s  market right  now.  For  potential  sellers, this  may  be  a  golden opportunity  to  get  top value for  their  property.  While  it  may  be  tempting  to  aim  for  the  sky  when setting  the listing  price, that  may  not  be  your  best  option.   Here  are  3 …

10 New Real Estate Trends

Current  trends  in real  estate  include  a  mix  of  positive  and negative  developments. The market  has  been  heavily  affected  by  the Covid-19  pandemic  that  has  created a  new housing  environment  which is  expected to  alter  the  way  we  approach real estate  for  the  next  few years, and maybe  beyond.   Here are  the 10  key  emerging …

Can’t Sell Your Home in a Seller’s Market?

It’s  no  secret  that  most  of  the  country  is  experiencing  a  strong  seller’s  market. With more  homebuyers  than inventory, most  sellers  have been  delighted  to  sell quickly  and often with multiple  offers.  Yet,  some  homes  are  still  sitting  on  the market  and these  sellers  may  be  wondering  why. Here are  7  reasons  why  your  home …

Top Trends for Your Outdoor Living Space

Summer is here and you’re spending more time outdoors. For most of us, this still means primarily in our own backyards. Personal outdoor space has never been more popular and if yours could use a little sprucing up, here are the hottest trends for 2021. Outdoor Kitchens – This trend is going nowhere. Ever since…

6 Upgrades Millennial Buyers Pay More For – and 1 Exception

Home sellers assume they must make some upgrades before putting their home on the market. While any deferred maintenance or extreme wear-and-tear issues should be addressed, major upgrades or updates may not net more money when you sell; especially with millennial buyers, who are looking for their first home in droves. 6 Common Upgrades Millennial…

Buyers and Sellers – Stay Focused on Your Goal

Buying or selling a home can be stressful, even in normal times. Right now, when the housing market is moving at a frenetic pace, both buyers and sellers are making quick decisions and are feeling extreme pressure. As the tension rises, it can be easy to overlook the end goal; right-sized home, relocation, dream home,…

Understanding the Back-Up Offer

 “When can I consider my home sold?” This is one of the most common questions real estate agents are asked. While the laws vary in different states, generally the contract is binding once both parties sign the offer. At that time the closing process begins. This is also the time when sellers must stop considering…