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Showing posts from September, 2023

Choose a Price Defender not a Price Pretender

Pricing your home is not an easy task but if you are thinking of selling, it makes sense to ensure you’re employing the correct type of agent. What’s your home worth?  What an agent says?  What the market is prepared to pay?  What your friends say?  What you think?  What next door sold for? Looking for an Agent?  When you’re looking for an agent, most sellers get two or three appraisals. Sometimes they are horrified at how far apart the prices are. Some agents tell you what they think you want to hear rather than a realistic price that the market will pay. These people I call price pretenders. They either don’t know the market or they are “buying” the listing by suggesting a higher price than other agents. Look instead for a price defender. This is someone who gives you good market information based on recent sales. Each sale is compared to yours and the differences are allowed for with a dollar value. This we call a comparable market appraisal. Comparable, as it’s comparing l...

Should I Sell or Buy First?

Should I Sell or Buy first? Unless you’re a first homebuyer or new to the state, the chances are you will have something to sell when buying your second home or subsequent property. So! If you must sell as well as buy, which one should you do first or doesn’t it matter? Buying First?   Choosing to buy first means that you have plenty of time to find the perfect property without any pres-sure. You can then make your offer and once accepted put your property to the market. The benefits of buying first include; 1. If the market is rising, you may be able to lock in a great deal and sell your property at a higher price. To do this you will need to either get the seller to accept your offer with a long settlement or have the finance and be prepared to pay interest for the term of your marketing and through until settlement. 2. You will never be ‘out on the street’ as you know where you are going and by when you will need to be there. 3. The possibility of having to rent or...