![]() |
|
Tap to: Email Us 347-249-9884 SERVING:
|
I've been a broker for 19 years. I started in this business as a marketing director for a property management company and soon got my real estate license. I've done hundreds of transactions. One of my best attributes is when I get a listing, I treat it like an advertising client. I'M NOT LIKE THE TYPICAL AGENT!!! I care about what you need and want. And when you want to sell property, thats exciting to me. I just can't wait to come and take photos with my wide angle Nikon. I love advertising property. The results speak for itself !! I'm also very intuitive and hard working in finding the perfect place for you to buy. I will be with you during the entire buying or sales process ensuring that everything goes as planned. _______________________________________________ Selling and buying a house in today’s real estate market can be challenging due to evolving economic conditions, fluctuating interest rates, and regional market differences. Here’s what you should consider: SELLING A HOUSE Market Conditions: If it’s a seller’s market (high demand, low inventory), you may be able to sell quickly and at a higher price. If it’s a buyer’s market (high inventory, low demand), be prepared for more competition and potential price negotiations. Home Preparation: Declutter, clean, and stage your home to make it more appealing. Invest in small upgrades like fresh paint, updated lighting, or landscaping to increase curb appeal.
Pricing: Set a competitive price based on local market data and recent comparable sales. Overpricing may lead to your home sitting on the market longer. Marketing: Work with Geoffrey Stevens Realty to list your home on multiple platforms. We Use professional photography and virtual tours to attract more buyers.
Negotiations: Be prepared to negotiate on price, closing costs, and contingencies. A cash buyer or pre-approved buyer can be more reliable in today’s uncertain market.
BUYING A HOUSE Budget and Financing: Get pre-approved for a mortgage to understand your buying power. Factor in higher interest rates, which can increase monthly payments.
Market Research: Look at the inventory and recent sales in your desired area. Be realistic about what you can afford, especially in competitive markets. Timing: Consider renting or selling your current home before buying to avoid juggling dual mortgages. Be mindful of seasonal trends, as winter often has fewer listings but less competition. Inspections and Appraisals: Don’t skip inspections, even in competitive markets. Hidden issues could cost you more later. Ensure the home appraises close to the agreed purchase price to avoid financing problems. Negotiations: In a hot market, be prepared to offer at or above asking price. Add escalation clauses or waive minor contingencies if necessary—but don’t overextend financially.
Tips for Managing Both Transactions: Sell First, Then Buy: This reduces financial risk but may require temporary housing. Buy First, Then Sell: This works well if you qualify for two mortgages or have enough savings for a down payment. Bridge Loans: Short-term loans can help finance a new home before selling your current one. Would you like tips specific to your location or circumstances? |