Listing Spark

MARCH 18, 2024

In modern practices, there are plenty of online tools homeowners can use to navigate the market, negotiate deals, and successfully sell their homes without hiring a real estate agent. Then, see how innovative tools and services can help you manage the project based on your preferred timeline and budget. How is it helping?

Modernization 36

Modernization Tools Open Houses Real Estate 36

Lamacchia Realty

OCTOBER 25, 2023

Now, a year and a half later, with rates up to 8%, buyer affordability is significantly diminished. Coming from the frenzied pandemic market where inventory was at historically low levels , sellers are holding the line and buyers are still the ones competing in this market. In the graphic to the right, you can see this more clearly.

Bracketing 65

Bracketing Marketing Sellers Buyers 65

Lamacchia Realty

JUNE 21, 2022

Now, months later, with rates up nearly 100% from the start of the year- January mortgage rates were hovering in the low to mid 3’s and this week reached 6.28%- diminished buyer affordability is causing a big downshift in demand. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Lamacchia Realty

AUGUST 3, 2021

Though there were several months through winter and spring that it never seemed possible this year, the market is slowly beginning to be less competitive for buyers. But if the home has been available long enough, it’s time to consider adjusting the list price to gain more visibility from more potential buyers.

Bracketing 68

Bracketing Sellers Buyers Inventory 68

Birmingham Appraisal

FEBRUARY 20, 2024

One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy. Each will determine what features move the needle on value for buyers and this will be reflected in their opinion of value.

Agents 86

Agents Appraisal Real Estate Agent Bracketing 86

Lamacchia Realty

MARCH 12, 2024

The first line of defense is hiring a REALTOR® who is experienced in handling the complexities of multiple offers in this adjusting market with higher rates. Compose a Personal Letter While the actual terms of an offer are ultimately most important, sellers often want to know more about why a buyer wants to purchase their home.

Buyers 70

Buyers Inspection Sellers Real Estate 70

Lamacchia Realty

JANUARY 10, 2022

In this ultra-competitive market, buyers need to do all they can to make the strongest offer when the right house becomes available. The first line of defense is hiring an experienced REALTOR® who is an expert at handling the complexities of multiple offers. The tricky part is figuring out how much over asking price.

Sellers 72

Sellers Buyers Inspection Bracketing 72