Share

If you’re in the market to buy I am committed to supporting
your real estate needs through every step of the process.

Whatever your reasons for buying, finding the right home in the perfect neighborhood, and at a cost that is within your budget, is no small task.
That’s why many buyers choose to work with a full-service, licensed real estate professional, like myself, to guide them through the process.
I have detailed information about properties for sale by every company, and can make appointments to see any home that you’re interested in.

Let me help make your dreams come true.

 

In today’s competitive market, it takes more than cash to close a deal.
Here, five experts offer tips to beating out all-cash buyers.

It’s not a buyer’s market these days; there are still plenty with cash, and financing has brought in a whole new set of hungry home hunters. According to CoreLogic, cash sales make up one third of total homes sales. Competition in key popular locations is even greater. “Cash purchases account for nearly half or more of all transactions in cities such as New York, Miami and Los Angeles”.

If you’re looking to buy that dream property, you could quickly find yourself in a horse race against global buyers who are willing and able to pay cash. So how do you get an edge on the competition?

1. Move fast

When buying a home, time is of the essence. Cash buyers show strength because they present no financial contingency. But a solid mortgage pre-approval with a short inspection and the assurance of a quick closing can have equal billing. Cash is important but it means nothing if the buyer doesn’t act fast,  Bottom line is, a seller wants to know how quickly they can get their money,  A quick closing is around 14 days to 3 weeks.

2. Exceed the ask

“In most cases the strongest buyers are cash buyers,” says Lipetz. However, buyers who present an offer considerably above the asking price may find that the seller is much more willing to give them some time to get their financing in order.” Another approach is to show, along with the loan pre-approval, proof of the funds necessary to cover the down payment. A seller will be more inclined to accept an offer with a financing contingency when the buyer demonstrates sufficient liquidity.

 

Sellers


 

If you’re in the market to sell I am committed to supporting
your real estate needs through every step of the process.

Whatever your reasons for selling, finding the right home in the perfect neighborhood, and at a cost that is within your budget, is no small task.
That’s why many buyers choose to work with a full-service, licensed real estate professional, like myself, to guide them through the process.
I will help guide you through the process for a smooth transaction and net you the most amount of money. Whether it’s a multimillion dollar home,
a condo or a rural property I have the experience you need.

 

If you’re planning to sell your house this year, well, you’re in luck.

“The 2016 housing market is forecasted to be mainly a seller’s market, filled with increasing home prices, relatively low inventory, and fierce competition between buyers,” says Jonathan Smoke, chief economist for realtor.com®.

But you could still make missteps on the way to the bank. Yes, your house will likely sell, but when? Remember, time is money.

“For sellers, it’s about understanding the ins and outs of their local market so they can optimize the price of their home and close quickly,” Smoke says.

Smoke and his team analyzed market trends to distill their best advice for homeowners looking to sell in 2016. Follow these tips to get the most out of your home sale.


Price your home to the market

“What Realtors® tell me over and over again, and from the analysis that I’ve seen historically, the most important thing is getting the price right,” Smoke says.

In 2016, prices are expected to increase nationally 3% year over year. Local price changes are anticipated to be more dramatic, with markets such as Stockton, CA, and Las Vegas, NV, expected to increase by 10%. But that doesn’t mean those stats are true of your town, or your neighborhood.

“Making the error of going for a price that’s well above the market price is a recipe for being let down and potentially not selling the home at all,” he adds. A home that sits on the market eventually will turn off buyers, who will suspect that something is wrong with it.

Sellers who work with a local Realtor to optimize the price of their home based on its unique features and surrounding neighborhood are often able to receive the highest price for their market and sell more quickly.

List during peak season

Unlike buyers, who want to minimize competition, sellers benefit from demand. Prime home-buying season begins in April and reaches its peak in June, according to realtor.com analysis of home sales. Sellers who list their home during the prime spring and summer months benefit from a larger population of buyers and potential bidding wars, which often result in higher prices and faster closings.

Offer incentives

This one seems counter-intuitive, given what we’ve said about a seller’s market, but hear us out. Last year—the best for U.S. home sales in nearly a decade—37% of all sellers offered incentives to attract buyers.

“The nature of this market is that you’re going to have more first-time buyers, who are more dependent on financing,” Smoke says. Getting a loan is one thing; coming up with a chunk of cash for closing costs, on top of the down payment, is another.

“If you’re a seller and you’re able to offer some money toward closing costs, you’re actually making it easier on that buyer, and they might be more willing to give you the full asking price,” Smoke explains. You could end up with a faster sale and more profit.

Seattle and the Eastside are hot markets to sell. Please call for a market analysis.