You’ve put the house up for sale and the offers start coming in. How do you go about picking the best one to make sure you don’t let a good deal slip right through your fingers? It's not an uncommon occurrence these days. Home sales are strong, and they're still isn't enough inventory to meet demand. In fact, a fairly recent Coldwell Banker survey found that nearly half of home deals involved multiple offers. But deciding on the right offer is more complex than saying yes to the highest bidder. You have to hedge against various risks, like a buyer backed by shaky financing, or unfavorable fine print in the contract. In the event that you generate multiple offers (a seller’s dream!), there’s a whole strategy that goes into reviewing the bids and using that upper hand to lock in your desired price and terms. The trick then is to choose the right bid for your house in Shoreline.
When you buy a home, the seller you’re buying from will probably expect you to negotiate the asking price. In fact, most sellers price their home a bit higher than market value to compensate for negotiations. Negotiating can be intimidating, but knowing what to expect can make the process a little less scary. Selling your home is a huge financial transaction, one that may impact your life for years to come. So, naturally, you want to sell for the highest price possible. With the current strong seller's market, buyers are being cautioned to make conservative offers. Consider this from Credit.com: "Before you jump in with an offer . . . above the asking price, it's good to take a moment to consider if the house is also a wise investment." Although it's a seller's market, you'll still have to negotiate. Here, then, are some negotiation tips for getting the best price for your Seattle house.
Real estate agents play a huge role in one of the most important financial decisions of our lives. When it comes to buying, selling, leasing, or renting, they’re the ones who shepherd us through a process that can only be described as overwhelming. In real estate, as in any other industry or professional arena, you have the mediocre masses and the few star performers, the cream of the crop. And usually the best people aren’t the best because they were born with special abilities or talents. No, they are successful because they work harder, strive to be the best, and go the extra mile. But it’s also because they have discovered certain “secrets’ – highly effective actions and strategies – that the rest don’t know about. So let’s take a look at the 5 selling secrets from Shoreline’s top real estate agents.
Whether you want to move out of your parents’ home for the first time, own a home after renting for years or buy a place with a spouse or partner, purchasing your first property is a big step. It takes a lot of preparation when you’re in this stage of your life, and a little luck never hurts. It’s not difficult to get bogged down in all of the details and turn your first home shopping experience into more of a stressful nightmare. In order to make finding the right home for you as simple as possible, here are 5 things you should know before buying your first home in Seattle:
For most people getting into real estate investing, using a good agent is a good idea. However, many investors are unwilling to hire a real estate agent due to bad previous experiences or simply wanting to save on the fees and commission that they would spend on the agent. However, an agent can help you find good deals on investment properties, bring critical negotiation skills to the table, provide assistance with contracts and other legal intricacies, and much more. Many investors just don't realize how much an agent can do for them. Let’s take a closer look, then, at how a Seattle real estate agent can help you invest, examining exactly what an agent provides.
Selling your home can be such an overwhelming process. There are so many minor and major details to consider in every step at either side of the real estate which can be a lengthy, complicated process involving many inter-related and sometimes confusing steps, especially for first-time sellers. There's way more to it than just listing and collecting the check (and that, of course, is why agents are worth every bit of their commission). So, naturally, sellers usually have a slew of questions – even before they begin the selling process. With that in mind, here are our most frequently asked questions from home sellers in Seattle.
Everyone wants to get an offer that’s higher than what they’re asking for, but sometimes the highest offer isn’t the best offer. The “best offer” can vary based on your needs, the terms of the sale, the right timing, and of course, the right price. So you’ve listed your house and shown it a few times, and now the offers are beginning to roll in. But how do you assess offers and determine the best or right one? Price – the amount of an offer – is not the only (or even the primary) factor involved in choosing the right offer. You also have to assess the buyer, as well as certain risk factors. To help you choose wisely, here’s an overview of how to choose the right offer when selling your house in Shoreline.
Buying a home to rent out – that is, purchasing an investment property – is no small undertaking. Buying properties and renting them out is by far the best way to create generational wealth and passive income for life. Any number of things can go wrong to ultimately make you lose money. Still, though, real estate is typically a sound investment, especially when you consider that more people have become millionaires through real estate investing than by any other means. Read on to find out how to buy a Seattle home you intend to rent out.
The first thing to consider when looking into condos is understanding that they don’t exist in a vacuum, and you would be joining part of a community.
Let’s put this into perspective. Would you marry someone without ever seeing them? Let’s just say you had looked them up online and read their linked in profile, seen their picture and really good idea of what they were like and how they looked but you never spoke to them on and never saw them. Would you marry them? Well, me either.
TownHouse For Sale In Mill Creek, WA near Bothell, WA
This lovely townhouse in Mill Creek will sell quickly and above “listing price.” What is your home for sale really worth in todays market?
That’s sorta like trusting Zillow to value your home. You see Zillow is an algorithm based on public data. Zillow has never seen the inside of your home and it’s a computer.
