Why We Explained Current Market Trends to Linda
"They explained current market trends - what would happen each step of the way. They responded really quickly if I had a question and we just felt really well prepared for everything. They were very professional I'd say in the evaluations of the neighborhoods and properties that we were reviewing. They explained the pros and cons of offers in an easily understood manner and often negotiated late into the night on our behalf because we had some timelines that we were up against. As they got communication from the other agent they responded to us very quickly to let us know what was going on. I would say it was very professional and I would describe it as excellent service and we were very satisfied. I definitely recommend Dave and the team to any of my friends or family. We really enjoyed working with everyone from buying to selling." - Linda D.
How We Prepared Diana for the Transaction
"Oh, I think they did a good job of preparing me for the transaction. Dave did a really good job of anticipating what my net proceeds would be based on on the sale of the house. I think he did a really good job there. Yeah, I think I was well prepared. The overall level of service was excellent. I thought that the team aspect of having Dave doing a lot of the data analysis being my contact on the selling end and Megan as a buying realtor she was outstanding. The attorney that they recommended, Shameen, was outstanding. The inspector Greg that was great. And I liked Sheila - doing a lot of the leg work on all ends. I just felt like that was a really nice, unexpected aspect of working with them if you really do have a team working together." - Diana S.
How We Took Courtney Through the Steps of Buying a House
"Dave sat down with my husband and me before we went out and looked at anything and sort of went through the steps of looking for a house and what to expect. Dave was good he went through everything from, you know, deciding which area to search in, to the closing and what to expect through each of those different phases. They were really great communicators. Before we went, you know, put in any offers or went back in forth with offers Dave would go and call us and text us and go over exactly what we were comfortable with and what he was planning on saying. We were all on the same page every step of the way. They were so accommodating we were actually living out of town trying to look for a home so we could only come up on the weekends. I mean I don't know what their schedule is but it seemed like they dropped everything in their schedule just to accommodate our crazy timeline." -Courtney S.
How We Were Thorough for Janet
"They were pretty detailed pretty thorough. Every meeting I had with Dave lasted quite a while to make sure and he kept coming over just to check on me. So there were no surprises. Their communication level is excellent from phone calls, in-person meetings and text, and email. They ask what form of communication you want and show one way or another they were going to make sure I got the feedback I needed. I would recommend that team without question. They're really good they're really thorough. They took care of me I have no complaints." -Janet S.
How We Prepared Jeffrey
"I thought they prepared us very well. At our initial sit down they sort of mapped out the way that the process in the abstract works. So the steps we could expect to go through, the rough timeline once we put offers in and they were accepted. I thought that they were excellent with communication. Meghan was in constant touch with us - she was the agent that we primarily dealt with. Everything turned out right for us. They did a great job getting us into a position where, one, we were able to find the place that ultimately did work for us. Two, we were able to learn on our own, and with their help, that the places that weren't right for us weren't right for us. I think we saved ourselves a lot of trouble and a lot of heartache because the team as a whole, including all of the people that they bring into the process like the inspector Greg Dimpfl, were so excellent. We were able to get an idea of when a place was more trouble than it was worth so that ultimately resulted in us getting the place we wanted at the right price." -Jeffrey F.
Why Pricing and Presentation Matter to Sellers in a Shifting Market
Proper pricing and presentation will be crucial to your success when you list in a shifting market, and today we’ll explain why.
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Pricing and presentation are important in any market, but even more so in one that is changing—especially when buyers have more choices, feel a decreased sense of urgency, and, quite frankly, are just pickier.
Effectively pricing your home will be essential to making your listing stand out from others on the market. Great presentation will also be key in making yours a property that buyers can’t afford to skip over.
Sellers must put their best foot forward in order to make potential buyers feel great about their home.
”If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.
Important Facts, Terms, and Trends You Must Understand to Interpret the Market
Do you know how to interpret market conditions? Today, we will teach you how to do so by illuminating some basic, yet important, facts and terms.
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The most common question people ask Realtors is, “How’s the market?” The answer to this question, however, is more complex than many might think.
There are a few basic facts buyers, sellers, homeowners, and investors must understand in order to properly interpret the market. Here are six of the most significant:
1. The market is dependent on supply and demand.
2. The speed of the market impacts (and is impacted by) other real estate conditions.
3. The market relies on the cost of borrowing money (i.e. interest rates).
4. The market relies on the ease with which lenders are willing to loan out money.
5. The market is influenced by a number of specific positive and negative forces.
6. The market relies on location, location, location.
With these points in mind, those seeking to interpret the market will also need to grasp certain industry-specific terms and phrases. Allow us to define a few of the most critical:
Seller’s market: A market in which demand is greater than supply, giving sellers the advantage.
Buyer’s market: A market in which supply is greater than demand, giving buyers the advantage.
Balanced market: A market in which supply and demand are relatively equal, meaning neither buyers nor sellers have a distinct advantage.
While each of these terms gives us a general idea of who might benefit from a given type of market, there are also specific scenarios which give buyers and sellers even greater power.
A seller who is downsizing while in a seller’s market, for example, will enjoy great gains from listing their more expensive property before going on to purchase a more modest one.
Sellers who wish to move up, on the other hand, will be better off doing so during a buyer’s market. First-time buyers, as well as investors, will also be at a strong advantage during a buyer’s market.
Each market is named according to which group of people will most benefit from it’s conditions. Ironically, buyers’ motivations tend to run conversely to market trends. This happens because it is during seller’s markets, not buyer’s markets, when the media begins to up-play the appeal of making a home purchase.
Real estate conditions are perpetually shifting, so knowing how to interpret the market will be essential to your success whatever your goals may be.
”The real estate market changes often. Sometimes these changes are dramatic, and sometimes they are subtle. In either case, real estate conditions are perpetually shifting, so knowing how to interpret the market will be essential to your success whatever your goals may be.
If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from us soon.
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