#homesellers

[teampropertiesgroup]

🎈𝕆𝕡𝕖𝕟 ℍ𝕠𝕦𝕤𝕖 𝐸𝓍𝓉𝓇𝒶𝓋𝒶𝑔𝒶𝓃𝓏𝒶🎈Join us in Gillette this Sunday, February 4th from 1-3! Tour homes, enjoy some snacks, leave feedback and be entered for a 𝓬𝓱𝓪𝓷𝓬𝓮 𝓽𝓸 𝔀𝓲𝓷 $𝟏𝟎𝟎 𝓬𝓪𝓼𝓱!

𝟏𝟔𝟐𝟏 𝐂𝐢𝐦𝐚𝐫𝐫𝐨𝐧 𝐃𝐫 - 3 BD, 2 BA, 1380 SQFT, 0.21 ACRES - $299,900

𝟒𝟑𝟎𝟐 𝐃𝐢𝐚𝐦𝐨𝐧𝐝 𝐁𝐚𝐫 𝐂𝐭 - 5 BD, 3.5 BA, 4072 SQFT, 0.18 ACRES - $499,000

𝟓𝟏𝟑 𝐋𝐚𝐲𝐭𝐨𝐧 𝐖𝐚𝐲 - 4 BD, 2.5 BA, 2080 SQFT, 0.26 ACRES - $549,900

𝟏𝟐𝟎𝟗 𝐏𝐢𝐧𝐭𝐚𝐢𝐥 𝐃𝐫 - 3 BD, 2.5 BA, 2215 SQFT, 0.23 ACRES - $440,000

𝟑𝟎𝟒 𝐑𝐨𝐜𝐤𝐩𝐢𝐥𝐞 𝐁𝐥𝐯𝐝 - 3 BD, 2 BA, 1568 SQFT, 0.16 ACRES - $248,000

**Get your card stamped at 3 homes for one drawing entry OR visit all 5 for two entries! Winner will be drawn & contacted on Monday, February 5th!**

Contact our agents at Team Properties Group for more info 📲307.685.8177

[tonyastahlrealtor]

💥New Listing💥 Enjoy peaceful rural living with room to roam! 3 bd, 2 ba, 1216 sqft, 2.59 acres. Check out 15 Smokey Ave in Rozet, WY👉 https://ow.ly/TSPn50QjOfq

Call Tonya Stahl at Team Properties Group for more info 📲307.299.1396

[naplesgolfguy]

Why are there so few listings? Why is inventory half of what it was in 2019? One reason is 82% of homeowners with a mortgage have an interest rate below 5%. As a result, property owners feel "locked in" to their current home, which is unlikely to change until rates drop.

Whether you are trying to decide if now is a good time to sell or buy a property in SWFL, contact us today for all your real estate needs.

Matt Klinowski | Naples Golf Guy | Downing Frye Realty Here's to living the good life in paradise, Matt

[howardrealestateteam]

Are you looking to list your home and get the best price? 🏠🔑 👇 Here are 4️⃣ of The Howard Team's Top Seller Tips 👇

➡️ First, find a reliable real estate agent who can help guide you through the process and ensure you get the most for your property.

➡️ Second, set the right price that reflects current market conditions and ensures you don't undervalue your home.

➡️ Third, focus on boosting curb appeal with simple upgrades like fresh paint, landscaping, and new fixtures to ensure your property stands out from others in the area.

➡️ Finally, negotiate with potential buyers to get the best offer for your property. With these tips in mind, selling your home should be a stress-free experience!

Ready to Buy or Sell? Let's chat! 📞 403-589-0004 www.thehowardteam.net

[keepingcurrentrealestate]

Why is my Home Not Selling?

Why Is My Home Not Selling? 7 Common Reasons and How to Fix Them Selling your home can be a stressful and emotional process. This is especially true if your property has been sitting on the market for a while with little interest. If you’re wondering, “Why is my home not selling?” you’re not alone. Many homeowners face similar challenges. Fortunately, many of these issues are fixable. In this…

[kmrealtygroup]

Do You Have To Pay Residential Realtors In Chicago?

Highlights

Understand realtor fees in Chicago.

Buying? Fees aren't your worry.

Selling? You'll pay a bit.

Top residential realtors earn their keep.

Are you thinking about entering the Chicago housing market? Whether buying your first place, selling your family home, or seeking an upgrade, you've probably wondered about the cost of involving professionals.

Specifically, do you have to loosen the purse strings for residential realtors in Chicago? Let's untangle this using simple language and clear insights.

The Buyer's Side: Free Help?

If you're looking to buy, here's good news! Typically, you don't directly pay your realtor. Instead, the seller covers the realtor's fee as part of the selling costs.

It's a relief to know that you get the expertise of top residential realtors in Chicago without directly paying them. They help you find your dream home in your area (hire a local agent, agency, or team), negotiate deals, handle paperwork, and guide you through the buying process, all on someone else's tab.

Sounds pretty sweet.

The Seller's Side: Paying for Support

Now, if you're selling, things look a bit different.

Home sellers are usually responsible for paying the commission, often split between their agent (the listing agent) and the buyer's agent.

This fee is a percentage of the sale price, typically around 5% to 6% in Chicago. So, while you have to pay, consider what you're getting: local realtors will market your home, bring in potential buyers, negotiate on your behalf, and smooth out the selling process.

It's a worthwhile investment in a service that could significantly boost your sales.

They're like your personal home-selling team, working to get the best possible outcome for your sale.

Why Paying Makes Sense

Whether buying or selling real estate, having a knowledgeable realtor offers value.

Buyers get a hassle-free experience and insider insights into the market without the burden of fees.

Sellers, on the other hand, might fork out for fees but gain significant benefits.

Experienced realtors can boost the final sale price, handle all negotiations, and make the selling journey as smooth as possible.

It's about investing in a service that could save you money, time, and stress.

What About Exceptions?

Of course, real estate isn't one-size-fits-all.

In some rare cases, a buyer might need to cover their agent's commission, especially if they're buying a for-sale-by-owner (FSBO) property where the seller isn't offering to pay the buyer's agent fee.

However, these instances are rare, so you can rest assured that the typical arrangement holds in most cases. Always discuss payment structures with your realtor upfront to avoid surprises.

Always discuss payment structures with your realtor upfront to avoid surprises.

The Realtor's Worth

You might wonder if realtors are worth the cost.

The answer, for many, is a resounding yes.

For sellers, they're your ticket to landing the best deal possible.

For buyers, even though you're not directly handing over a check, you're getting an ally who knows the ins and outs of Chicago's complex market.

Realtors do more than show homes or list your property.

They provide market analysis, strategic advice, and negotiation expertise that can turn a listing into your home or property into a sale. Their network of contacts, from home inspectors to mortgage advisors, can also be invaluable.

Bottom Line: What Chiocago's Real Estate Professionals Saying?

In Chicago's bustling real estate scene, whether you have to pay realtors depends mainly on whether you're a buyer or a seller.

Buyers generally enjoy the luxury of professional guidance without the fees, while sellers invest in expertise that pays off in a smooth, profitable sale.

The value a realtor offers becomes apparent when you consider what realtors do and the peace of mind they provide during one of life's most significant transactions.

So, whether securing your dream Chicago home or selling for the best price, residential realtors are vital players in your real estate journey.

[kj-nanray]

4 valuable services Realtors provide to home sellers.🏠

[myhomeingeorgia]

The mortgage process: A visual aid

Considering buying or selling a home in Georgia? Look no further! Check out My HOME in GEORGIA's website for expert guidance and resources tailored to your needs. From finding your dream home to navigating the selling process, we’re here to help you every step of the way! Visit: https://myhomeingeorgia.com today!

[reagentmaxwell]

Open house alert. First weekend of July 2024. This property is the perfect home to raise a family in. If you can't make it today then come out tomorrow July 7th, 2024 from 12 p.m. to 3 p.m.

View this post on Instagram

A post shared by Chris Maxwell (@reagentmaxwell)

[teampropertiesgroup]

💥ℂ𝕦𝕤𝕥𝕠𝕞𝕖𝕣 𝔸𝕡𝕡𝕣𝕖𝕔𝕚𝕒𝕥𝕚𝕠𝕟 𝔹𝔹ℚ💥

Join us Saturday, August 26th, from 12-3 to celebrate YOU! 🥳

Food, Fun On The Go, Liberty Sweets, Games, Trivia & Prizes!

𝓣𝓱𝓪𝓷𝓴 𝔂𝓸𝓾 𝓯𝓸𝓻 𝔂𝓸𝓾𝓻 𝓬𝓸𝓷𝓽𝓲𝓷𝓾𝓮𝓭 𝓼𝓾𝓹𝓹𝓸𝓻𝓽!

[tonyastahlrealtor]

Down! Set! ...𝐃𝐨𝐧'𝐭! 😅 We're here to help you with your end goal!

[realtorjohnkeller]

I am a Florida Realtor, John Keller Sand Dollar Realty Center Inc. https://realtorjohnkeller.com/

[propuptracker]

Knowing the facts can save you time and money.

Debunking real estate myths! 🏡 Knowing the facts can save you time and money. 💡 #RealEstateTips #HomeRenovation #PropertyValue #Investment #OpenHouse #RealEstateFacts #HomeSelling #HouseHunting #HomeImprovement #MarketTrends #RealEstateInvesting #HomeBuyers #HomeSellers #PropertyTips #RealtorLife #HousingMarket

[georgejohnrealtor]

https://georgejohn.keyes.com

[kmrealtygroup]

Home Prices Aren’t Declining, But Headlines Might Make You Think They Are

If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify. Here’s what’s really happening with prices.

The bottom line is home prices are higher than they were a year ago at this time, and they’re expected to keep rising, just at a slower pace.

But a recent article from Redfin notes,

“price drops hit highest level in 18 months as high rates dampen buyer demand.”

And that might make you think prices are declining.

Now, while it’s true the latest report from Realtor.com also shows 16.6% of homes on the market had price reductions in May, which is up from 12.7% last May, that doesn’t mean overall home prices are falling.

The key is knowing the difference between the asking price and the sold price.

Understanding Asking Price vs. Sold Price

In essence, the asking price, also known as a listing price, is the amount a seller hopes to get for their home when they list it. In reality, sellers can’t just put any price tag on their house and expect it to sell for top dollar. Today’s buyers are savvy customers, and when they aren’t willing to pay a premium for a home because their budgets are strained by higher mortgage rates, sellers need to adjust. And that’s what’s happening right now.

Based on market factors and what offers that seller receives, that asking price can change. If a seller isn’t getting much foot traffic, you may see them revise the price and make an adjustment to reignite interest in the home — and sometimes that’s because they’ve overpriced it from the start. That’s where price reductions come in, and when you see “price drops” in a headline, it sounds like declining home prices.

Mike Simonsen, CEO and Founder of Altos Research, says:

“not only is the share of homes with price cuts elevated compared to one year ago, but more price cuts are happening each week than last year.”

On the other hand, the final sold price is the amount a buyer actually pays when the transaction is complete.

Here’s the most important thing to note: Actual sold prices are still rising, and they’re expected to continue to do so at least over the next 5 years.

What Does This Mean for Home Prices?

So, while there’s been an increase in price reductions recently, this doesn’t mean overall home values are declining. Instead, it’s a sign that demand is moderating. As a result, sellers are adjusting their expectations to align with today’s market reality.

Even with more price reductions, home values are still growing annually, as they do nearly every year in the housing market. According to the Federal Housing Finance Agency (FHFA), home prices went up 6.6% over the last year (see below):

This map shows how prices rose just about everywhere in the country, indicating the market is not in decline.

So, while seller price reductions are often a leading indicator that prices may moderate in the months ahead, which experts have been saying for a while is expected to happen, they aren’t necessarily reason for alarm. The same article from Redfin also states:

“. . .those metrics suggest sale-price growth could soften in the coming months as persistently high mortgage rates turn off homebuyers. for now, the median-home sale price is up 4.3% year over year to another record high. . .”

And with inventory as tight as it is today, price moderation is much more likely in upcoming months than price declines.

Why This Is Good News for Buyers and Sellers

For buyers, more realistic asking prices mean a better chance of securing a home at a fair price. It also means you can enter the market with more confidence, knowing prices are stabilizing rather than continuing to skyrocket.

For sellers, understanding the need to adjust your asking price can lead to faster sales and fewer price negotiations. Setting a realistic price from the start can attract more serious buyers and lead to smoother transactions.

Bottom Line

While the uptick in price reductions might seem troubling, it’s not a cause for concern. It reflects a market adjusting to new conditions. Home prices are continuing to grow, just at a more moderate pace. Let’s connect with KM Realty Group LLC’s real estate team in Chicago, Illinois!