• Why Hiring a Professional Matters,Michael Hannigan

    Why Hiring a Professional Matters

    Experience Matters: The Importance of Hiring a Professional Real Estate Agent Buying or selling a property is a major financial and emotional decision that requires careful consideration and planning. Whether you're a first-time buyer or an experienced investor, working with a professional real estate agent can make all the difference in the success of your transaction. In this blog post, we'll explore why hiring a professional is essential for buyers, sellers, and staying up-to-date with market updates. Why Hiring a Professional is Essential for Buyers Buying a property is a complex and time-consuming process, especially for first-time buyers. A professional real estate agent can provide you with valuable insights into the local housing market, including the latest listings, pricing trends, and available financing options. Furthermore, a real estate agent can help you with the paperwork, arrange property inspections, and ensure that you understand all the complex legal requirements involved in the transaction. An experienced agent can also help you avoid costly mistakes and ensure that you get the best possible deal. In addition to their expertise and guidance, real estate agents can save you time and money by streamlining the home search process. They have access to a wide range of properties that meet your specific needs and can arrange viewings that fit your schedule. Why Hiring a Professional is Essential for Sellers Selling a property can be equally daunting, particularly in a competitive market. A professional real estate agent can help you price your property correctly, market it effectively, and negotiate with potential buyers. Moreover, a professional agent can help you avoid costly mistakes that could jeopardize the sale. Real estate agents have access to various marketing tools and technologies that can help you sell your property faster and at a better price. They have access to industry-specific databases, social media platforms, and online listing services that can help you reach a wider audience. By working with a professional agent, you can gain a competitive edge and increase your chances of a successful sale. Staying Up-to-Date with Market Updates The real estate market is constantly evolving, and it's essential to stay up-to-date with the latest trends and developments. A professional real estate agent can provide you with valuable insights into the current market conditions, including new construction projects, zoning changes, and economic factors that could affect the value of your property. Real estate agents have access to various data analytics tools and technology that can help you make informed decisions. They can provide you with accurate and up-to-date information about the local housing market, including the latest pricing trends, inventory levels, and market forecasts. By working with a professional agent, you can make better decisions and ensure that you get the best possible return on your investment. Why Agents Matter It's essential to choose the right real estate agent when buying or selling a property. A good agent should have several years of experience in the industry, knowledge of the local market, and excellent negotiation skills. Moreover, a professional agent should be responsive, transparent, and have excellent communication skills. A good agent should also be tech-savvy and have access to various online tools and platforms that can help you buy or sell a property faster and more efficiently. They should be able to provide you with accurate and timely updates about the progress of the transaction and be available to answer your questions and concerns. In Conclusion Working with a professional real estate agent is crucial when buying or selling a property. Experience matters, technology matters, local agents matter, and the right agent matters. By working with a professional agent, you can save time, money, and avoid costly mistakes. So, if you're looking to buy or sell a property, be sure to hire a professional agent and rest assured that you're in good hands. External Links: [National Association of Realtors] (https://www.nar.realtor/blogs/styled-staged-sold

    MORE

  • Hiring a Professional,Michael Hannigan

    Hiring a Professional

    Experience Matters: Why Hiring a Professional is Essential in Real Estate Buying or selling a property is one of the most significant transactions that you'll ever make in your life. It's an emotional and financial decision that requires careful consideration and planning. Therefore, it's essential to hire a professional real estate agent who can guide you through the process and ensure that you get the best possible deal. In this blog post, we'll discuss why hiring a professional is essential for buyers, sellers, and market updates. For Buyers: Buying a property is a complicated and time-consuming process, especially for first-time buyers. You need someone who can help you navigate through the process, find the right property, and negotiate on your behalf. A professional real estate agent can provide you with valuable insights into the local housing market, including the latest listings, pricing trends, and available financing options. Furthermore, a real estate agent can help you with the paperwork, arrange property inspections, and ensure that you understand all the complex legal requirements involved in the transaction. An experienced agent can also help you avoid costly mistakes and ensure that you get the best possible deal. For Sellers: Selling a property can be an equally daunting task, particularly in a competitive market. A professional real estate agent can help you price your property correctly, market it effectively, and negotiate with potential buyers. Moreover, a professional agent can help you avoid costly mistakes that could jeopardize the sale. In addition, real estate agents have access to various marketing tools and technologies that can help you sell your property faster and at a better price. They have access to industry-specific databases, social media platforms, and online listing services that can help you reach a wider audience. By working with a professional agent, you can gain a competitive edge and increase your chances of a successful sale. Market Update: The real estate market is constantly evolving, and it's essential to stay up-to-date with the latest trends and developments. A professional real estate agent can provide you with valuable insights into the current market conditions, including new construction projects, zoning changes, and economic factors that could affect the value of your property. Moreover, real estate agents have access to various data analytics tools and technology that can help you make informed decisions. They can provide you with accurate and up-to-date information about the local housing market, including the latest pricing trends, inventory levels, and market forecasts. By working with a professional agent, you can make better decisions and ensure that you get the best possible return on your investment. Why Agents Matter: It's essential to choose the right real estate agent when buying or selling a property. A good agent should have several years of experience in the industry, knowledge of the local market, and excellent negotiation skills. Moreover, a professional agent should be responsive, transparent, and have excellent communication skills. A good agent should also be tech-savvy and have access to various online tools and platforms that can help you buy or sell a property faster and more efficiently. They should be able to provide you with accurate and timely updates about the progress of the transaction and be available to answer your questions and concerns. In Conclusion: Buying or selling a property can be a challenging and stressful process, especially in a difficult market. Therefore, it's essential to hire a professional real estate agent who can guide you through the process and ensure that you get the best possible deal. Remember, experience matters, technology matters, local agents matter, and agent matters. By working with a professional agent, you can save time, money, and avoid costly mistakes. So, if you're looking to buy or sell a property, be sure to hire a professional agent and rest assured that you're in good hands.

    MORE

  • Low Inventory Means it's a Great Time to Sell,Michael Hannigan

    Low Inventory Means it's a Great Time to Sell

    Why Low Inventory Makes It a Good Time to Sell Your House If you have been considering selling your house, the current market trends make it a great time to put your home on the market. HousingWire reports that the supply of homes for sale is currently low, making it an advantageous time for sellers. The National Association of Realtors (NAR) confirms that today's housing inventory is low by looking at the months' supply of homes on the market. In a balanced market, a six-month supply is required, but currently, the number is much lower, making it a sellers' market. As of February 2023, total housing inventory registered at 980,000 units, the same as January but up 15.3% from the previous year's 850,000. Unsold inventory sits at a 2.6-month supply at the current sales pace, down 10.3% from January but up from 1.7 months in February 2022. Less Competition from Other Sellers Low inventory means there are fewer homes on the market for sale. As a result, sellers face less competition from other sellers, giving your property more attention from potential buyers. Additionally, since there are significantly more buyers in the market than there are homes for sale, you could receive multiple offers on your house. Multiple offers are on the rise again, and if you get more than one offer, it becomes a bidding war between buyers. That means you have greater leverage to sell on your terms. Maximizing Bidding War Opportunities If you want to maximize the opportunity for a bidding war to occur, lean on your expert real estate advisor. While we are still in a strong sellers' market, it isn't the frenzy we saw a couple of years ago. Today's buyers are focused on the houses with the greatest appeal. Clare Trapasso, Executive News Editor at Realtor.com, explains: "Well-priced, move-in ready homes with curb appeal in desirable areas are still receiving multiple offers and selling for over the asking price in many parts of the country. So, this spring, it's especially important for sellers to make their homes as attractive as possible to appeal to as many buyers as possible." Making Your Home Stand Out Making your home stand out among the limited inventory is essential. Here are some tips to make your home more appealing to potential buyers: Clean and Declutter: Cleaning and decluttering your home are essential in creating an open and bright space for buyers. This not only makes the space look larger but also allows buyers to visualize their items in the home. Repairs and Renovations: Repairs and renovations should be completed before listing your house. Buyers don't want to walk into a home with repairs or renovations that need to be completed. Curb Appeal: The outside of your home is the first thing potential buyers see. Curb appeal is essential in making your home stand out. A well-maintained landscape, fresh paint, and clean gutters will make a good first impression. Reach Out to a Local Real Estate Professional If you've been waiting for the right time to sell your house, low inventory this spring sets you up with a big advantage. Contact a local real estate professional today to ensure your home is ready to sell. They will help you understand the current market trends, help you price your home competitively, and guide you through the home selling process.  

    MORE