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Category: Selling Tips

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History Shows the Housing Market Always Recovers

Written by Key West Mortgage Syndicated User on . Posted in Economy, For Sellers, Forecasts, Key West Florida News, Key West News, Selling Tips.

Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market. According to the latest data from Realtor.com, the number of homeowners taking their homes off the market is up 38% since the start of this year and 48% since the same time last June. For every 100 new listings in June, about 21 homes were taken off the market.And if you’ve made that same choice, you’re probably frustrated things didn’t go the way you wanted. It’s hard when you feel like the market isn’t working with you. But while slowdowns...

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More Contracts Are Falling Through. Here’s How To Get Ahead.

Written by Key West Mortgage Syndicated User on . Posted in For Sellers, Key West Florida News, Key West News, Selling Tips.

When you sell a house, the last thing you want is for the deal to fall apart right before closing. But according to the latest data from Redfin, that’s happening a bit more often lately. The good news is, it’s completely avoidable if you lean on an agent for insight into why that is and how to avoid it happening to you.This June, 15% of pending home sales fell through. That means those buyers backed out of their contracts. That’s not too much higher than the norm of roughly 12% from 2017-2019, but it’s still an increase. And it’s one you don’t want to have to deal with. The key to avoiding...

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What You Need To Know About Concessions

Written by Key West Mortgage Syndicated User on . Posted in For Sellers, Infographics, Key West Florida News, Key West News, Selling Tips.

Some HighlightsNow that there are more homes for sale, buyers have more options. And sellers need to be more flexible to close the deal.That’s why almost half of homeowners are making some type of concession. This can include covering closing costs, paying for repairs, or dropping the price.Not sure which concessions to offer? Connect with a local agent so you know what’s working for sellers in your market.

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The 3 Things You Risk by Pricing Too High

Written by Key West Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Home Prices, Key West Florida News, Key West News, Selling Tips.

When selling your house, the price you choose isn’t just a number, it’s a strategy. And in today’s market, that strategy needs to be sharp.The number of homes for sale is climbing. And that means buyers have more choices and can be more selective. If your price doesn’t line up with what else is out there, they’ll scroll right past it and go on to the next one.Pricing right from the start is your best move – and a great agent can help make sure you do.Overpricing Comes at a CostAnd more sellers are finding that out the hard way. They list their house based on how things were a year ago...

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Don’t Make These Mistakes When Selling Your House

Written by Key West Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Key West Florida News, Key West News, Selling Tips.

Are you thinking about selling your house? Some common mistakes today can make the process more stressful or even cost you money.Fortunately, they’re easy to avoid, as long as you know what to watch for. Let’s break down the biggest seller slip-ups, and how an agent helps you steer clear of them.1. Overpricing Your HouseIt’s completely natural to want top dollar for your house, especially if you’ve put a lot of work into it. But in today’s shifting market, pricing it too high can backfire. Investopedia explains:“Setting a list price too high could mean your home struggles to attract buyers...

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What Every Homeowner Needs To Know In Today’s Shifting Market

Written by Key West Mortgage Syndicated User on . Posted in For Sellers, Home Prices, Key West Florida News, Key West News, Selling Tips.

Here’s something you need to know. The housing market is getting back to a healthier, more normal place. And even though it may not sound like it, this shift is actually a good thing.It’s what you should expect. It’s just that our expectations have been skewed by the intense seller’s market over the past few years.But what you need to remember is: there’s still plenty of opportunity to be had if you’re thinking about selling – whether that’s next month or next year. You just need to stay up to date on what’s happening in the market, and have a strategy that matches the moment. Here’s...

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Home Projects That Add the Most Value

Written by Key West Mortgage Syndicated User on . Posted in Agent Value, Infographics, Key West Florida News, Key West News, Selling Tips.

Some HighlightsWhether you’re planning to move soon or not, you want to be strategic about which home projects you take on. ?Because not all of them will be worth it.Before you decide what upgrades to tackle, talk to an agent who knows what’s in demand in your area and where you’re most likely to recoup the costs. Connect with a local agent so you know which projects are actually worthwhile.?

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The Secret To Selling Your House in Today’s Market

Written by Key West Mortgage Syndicated User on . Posted in Agent Value, For Sale by Owner, For Sellers, Home Prices, Key West Florida News, Key West News, Selling Tips.

A few years ago, homes were flying off the shelves and getting multiple offers well over their asking price. It felt like you could name your price and still have buyers lined up at the door.But today’s housing market is different. Buyers are getting more selective now that inventory has grown. Homes are sitting a little longer. And more sellers are having to cut their prices.So, how do you still come out on top? It all starts with one thing, pricing your house right from the start. Today, that matters more than ever – and it can make or break your sale.There’s a Real Price Disconnect...

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If the Asking Price Isn’t Compelling, It’s Not Selling

Written by Key West Mortgage Syndicated User on . Posted in For Sellers, Infographics, Key West Florida News, Key West News, Selling Tips.

Some HighlightsUnfortunately, a lot of sellers today are setting their asking price too high. That’s leading to an uptick in price cuts.?Some of the most common reasons this is happening are that they’re not paying attention to current market conditions or they’re trying to leave room for negotiation.The best way to avoid this mistake? Connect with an agent to make sure your house is priced to pull people in, not push them away.

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The Best Week To List Your House Is Almost Here – Are You Ready?

Written by Key West Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Key West Florida News, Key West News, Selling Tips.

If selling your house is on your to-do list this year, the time to start prepping is now. That’s because experts say the best week to list your house is coming up fast.A recent Realtor.com study analyzed years of housing market trends (excluding 2020 since it was an outlier) and found that April 13–19 is expected to be the ideal window to put your house on the market this year:“. . . we’ve identified April 13-19 as the best week to list for sellers . . . a seller listing a well-priced, move-in ready home is likely to find success. Because spring is generally the high season for real estate...

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