Wednesday, June 2, 2021 / by Jeff Lovato
When it comes to selling your home, hiring the right real estate agent from the very beginning can save you a lot of hassle and help you get the best price for your home. Below are three common mistakes homeowners make when choosing a realtor and how to avoid them.
I WILL HIRE THE CHEAPEST ONE
Agents and real estate companies put up their own funds to market and advertise your home. Marketing and advertising can be expensive – the lower the commission, the less money will be available for marketing. Remember that most homes are sold by buyer agents with qualified clients.
If your listing agent is working for a low commission, the split to the cooperating agent will also be reduced. Don't go with the cheapest; go with the best.
I WILL HIRE MY FRIEND/FAMILY MEMBER WHO SELLS REAL ESTATE
Real estate transactions can be quite complicated, and there are often problems. Do you want to put your relationships in jeopardy for the house sale?
A good friend will appreciate; ...
Tuesday, September 8, 2020 / by Jeff Lovato
If you’re considering selling your home, hiring the right Realtor makes a difference. Be sure to perform your due diligence and vet the Realtor who you’re considering hiring. Start by asking friends and family for referrals in your target area. Once you have a couple of names, call the agents and set up a time to go over some basic but essential questions. Here is a list of 10 essential questions to ask.
How long have you been selling Real Estate? This question is critical because it can lead to so much more than merely a number of years. While it is true that experience doesn’t necessarily equal success, real estate is a commission-based business, and it would be challenging for an agent to survive for a long time providing awful service. An agent who has seen many different situations is less likely to be rattled should any bumps be encountered down the road.
Are you a full-time real estate Agent? This goes along with how long someone has been in the field; ...
Monday, September 7, 2020 / by Jeff Lovato
The decision to sell your house isn't based solely on market conditions. You have to take your situation into account—and that's where expert advice comes in handy.
Here are seven signs you're ready to sell your Denver Home.
1. You've got equity on your side.
For most homeowners, being financially ready to sell your house comes down to one factor: equity. During the housing meltdown of 2008–09, millions of homeowners found themselves with negative equity, which meant they owed more on their homes than they were worth.
Selling your home when you have negative equity is a bad deal. That's called a short sale. Breaking even on your home sale is better, but it's still not ideal. If you're in either situation, don't sell unless you have to avoid bankruptcy or foreclosure.
For the last several years, home values in Denver have been on the rise, and that means most homeowners are building equity. Their homes are now worth more than they owe on them, and that trend will pe. ...
Friday, September 4, 2020 / by Jeff Lovato
Market circumstances influence the best time to list your house, including job growth, mortgage rates, tax incentives, seasonality, sellers market vs. buyers market, local job growth, and your readiness.
If your local job market is booming, it's a great time to sell your home, as there are likely job seekers or recent transplants eager for housing in your area.
For the last four years or so, mortgage rates have been historically low, but rates have started to rise lately, and most economists agree that rates will keep creeping up as the economy strengthens.
There are currently no significant federal tax incentives for first-time homebuyers. Potential sellers should keep track of local, county, and state financial news, as incentives and tax laws can make it easier for potential buyers to take the leap and become homeowners.
Although many people will tell you that the year's id. ...