How to Choose the Best Realtor

Welcome back to my video blog!

How do you choose the best real estate agent when buying or selling a home?

It’s very important to interview at least 3-4 different agents. You want to find an agent that has a personality you will mesh well with. You also want an agent with experience.

Some new agents have a lot to offer, but depending on your needs, choosing a realtor with years in the field can help make the process a lot easier for you.

Ask your family and friends who they would recommend. This way you have knowledge of their service and work ethic.

We have a 16-question survey we can send to you to help find the best realtor. Just call or send us an email!

The Effect of Rising Interest Rates

How Are Rising Interest Rates Affecting You? 

Hey, everyone! There has been a lot of talk about interest rates lately and how they affect our market. In the past 30-45 days, interest rates have crept up.  This has created a sense of urgency for many buyers; they want to get the most house for their money.

Today, I wanted to tell you more about how increasing rates affect your monthly mortgage payment. If you borrow $200,000 from the bank at a 4 percent interest rate, your monthly payment for a 30 year fixed rate loan is $954.

If rates rise to 5 percent, that same loan will cost you $1,073 a month. And if interest rates increase to 6 percent, your payment will be $1,199. That’s a $245 difference per month.

The good news is it is still a great time to buy; buying is cheaper than renting.

Buy that new home now before rates increase and you lose buying power. Give me a call at (912) 272-3463.

Selling Your Home in a Changing Market

 

Thinking of selling your home? Check out our Free Home Value Report!

Hi everyone! Today I wanted to speak with you about a topic that’s come up a lot during listing appointments. Clients want to know how to sell their home in a changing market.

What I am finding is often sellers want to price their home at top value and see what happens. If the activity isn’t there, then they will just drop down the price. It’s important for sellers to know that buyers are very informed these days. They have access to countless resources especially on the Internet. Statistics show the 9 out 10 buyers actually start their search on the Internet.

Even though we are in a shifting market, buyers still want to get a good price. One thing to remember is each neighborhood will have an average price per square foot and if a home comes on that is listed higher than that, that new listed home is less desirable.

We find that the greatest chance of activity happens within 3-7 weeks. After a few months on the market, often buyers will think sellers are more motivated to sell, so they offer less. Statistics show when you price a home properly in the first place you will sell quicker and closer to your asking price. Remember, the largest determining factor on whether a home will is its price.

I hope I’ve given you some things to think about when you are getting ready to sell your home. If you want a free market analysis, get a hold of us! We would love to help you make your next real estate move!