Lamacchia Realty

OCTOBER 13, 2022

Closed comparable sales, also known as ‘comps,’ are used to approximate market value for residential properties. Market value is determined by sales, not the high hopes of a seller. The market has continually changed in most cases from when the property closed to when the comps are pulled. Time and Comps.

Marketing 70

Marketing Sellers Buyers Market Value 70

Lamacchia Realty

JUNE 22, 2023

Take the time to consider your options for REALTORS®, as working with someone who specializes in real estate and divorce can help alleviate some of the stress and make the selling process much smoother. The first step in this process involves determining the market value of the home with your REALTOR®.

Real Estate Agent 63

Real Estate Agent Real Estate Agents Realtors 63

Lamacchia Realty

MARCH 28, 2023

Conversely, many sellers know that they cannot overprice their homes now that the market is less frenzied, so many may be pricing more competitively and closer to market value than how they were pricing this time last year. Right now, inventory is low, and there are serious buyers in the market looking to buy NOW.

Sellers 53

Sellers Buyers Inventory Real Estate 53

Lamacchia Realty

JUNE 21, 2022

Your home is priced much higher than properties in your area Your REALTOR® will complete a comparative market analysis of the homes sold in your area in the 2-3 months. Neighborhood homes are valued relatively close to one another if their size and condition are relatively similar. See chart below. Consider the Price Brackets.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Lamacchia Realty

AUGUST 3, 2021

Homes are essentially flying off the shelves this year, so if a home sits on the market without much interest, at some point you have to consider improving the price. An experienced REALTOR will make it very clear from the beginning that pricing right is the key to selling faster and for more money. How much do you adjust the price?

Bracketing 68

Bracketing Sellers Buyers Inventory 68

Lamacchia Realty

MAY 19, 2023

What Pyrrhotite-Infected Foundations Mean for Homeowners As home buyers and sellers are trying to navigate this already unique real estate market, the crumbling foundation crisis is an add stressor for those trying to buy and sell properties in these areas.

Sellers 62

Sellers Buyers Government Insurance 62

Raleigh Realty

FEBRUARY 24, 2022

Cons of using Opendoor to sell your home: Sales Price Opendoor is a profitable organization because they buy your home at a discount, mark it back up to its fair market value price and sell it. Opendoor may take advantage of those who are unaware of market rates and who don’t have a firm grasp on the real estate industry as a whole.

Real Estate Agent 113

Real Estate Agent Real Estate Sellers Agents 113

Lamacchia Realty

SEPTEMBER 13, 2022

These days, buyers have access to the same information as REALTORS and are not fooled by an overpriced home; they will typically steer away from it if they believe the price is too high. Price Adjustments in this New Housing Market. The post Things to Keep in Mind When Pricing Your Home appeared first on Lamacchia Realty.

Inventory 73

Inventory Sellers Agents Buyers 73

Lamacchia Realty

FEBRUARY 22, 2022

Sellers who priced according to market value, and not too high, ended up getting much more for their homes than asking as buyers competed in bidding wars. There is a way to navigate this market successfully, with hiring a highly-trained, expert REALTOR being the first most important step.

Inventory 51

Inventory Sellers Buyers Real Estate 51

Raleigh Realty

FEBRUARY 19, 2022

A home appraisal determines the fair market value of a home. The seller at one point was going to pay your closing fees or realtor fees. In fact, the National Association of Realtors indicated that roughly 18 of real estate contract delays come from appraisal issues, second only to financing issues.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

Raleigh Realty

AUGUST 27, 2021

Referrals - Consult with family and friends to see if they have realtors they have worked with in the past who would be willing to lend you their expertise. On the other hand, if your home is the most expensive one in the area, you may want to consider how neighboring homes’ overall condition will impact the value of yours.

Real Estate Agent 78

Real Estate Agent HOA Real Estate Agents 78

Lamacchia Realty

APRIL 15, 2022

Prices are so high that the market value of homes has increased, and the average house with a mortgage has 55% equity which is also the highest ever. It’s when values decrease that there’s a problem, and values won’t decrease until we’re on the flip side of this and available inventory is much higher. Average Prices.

Marketing 66

Marketing Sellers Buyers Inventory 66

PennyMac

JULY 20, 2021

Many of them have had great training and even specialized experience working for seasoned Realtors®. Marketing plans and strategies are key. Some [Realtors®] tend to go with the flow, while some others tend to stick to the same planning and strategies. Remember, the strategies and marketing plan should fit YOUR NEEDS.

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69