I just got my latest copy of Realtor magazine and saw an article by Robert Freedman "One-Stop Shopping" about one-stop shopping for real estate. The Brokerage I belong, Real Estate Teams in Frederick, MD, llc provides that one stop shopping experience. I have been told that people want that experience however, no client has ever told me that's what they want. Now I know why. People don't know about one-stop shopping for real estate. Over 70 percent of those surveyed did not know about one-stop real estate.
Freedman stated " A lot of home buyers don’t know that at some real estate brokerages they can get their mortgage, title insurance, home warranty, and other settlement services under one roof. But when they learn of the option, they want it, a survey of recent and future home buyers conducted in February by the NATIONAL ASSOCIATION OF REALTORS® and Harris Interactive found."
Freedman goes on to say "More than 70 percent said the attraction of one-stop shopping, at least as they perceive it, is the chance to close the transaction more quickly and conveniently, at less cost and with fewer missteps, than if all the services had to be cobbled together by the sales associate or someone else."
Ready to sell your home? Ready to start your dream home search? We are one-stop shop. Contact us and we can guide you on finding the perfect home in Frederick to suit your lifestyle and needs.
For More info. go to www.DaveAndKarenChapman.com
Wednesday, June 4, 2008
We are One-stop Shopping
Posted by Dave C. at 6:51 AM 0 comments Links to this post
Labels: buyers, llc, NAR, real estate, Real Estate Teams
Monday, May 26, 2008
Trulia Q and A
Recently I discovered Trulia.com. It a real estate search engine that helps you find homes for sale and provides real estate information at the local level to help you make better decisions in the process. A real estate agent can put together a profile answer questions from buyers and sellers and ask questions from other real estate agents. So, I put together a profile for Karen and myself and starting answering some questions. Here are a couple of questions and the answers I gave.
Dave and Karen Chapman answered:
Nancy,
You said it is listed with an agent. Is it a full service brokerage? If so, I suggest you set down with your agent and ask them what are they doing to get your home sold quickly. What is their marketing plan? Where are they advertising your home? I also suggest that you discuss what your alternatives are if it does not sell before your new home is ready. The reality is you may need make to 2 mortgage payments for a period of time. Are you willing to rent it out for a year? You might want to talk to your agent about a rent to own program. That might attract more buyers. Or if you don't get any showings you need to reduce the price even further. We live in Frederick, Maryland. It was a hot market a couple of years ago, over 20% appreciation a year. These days it is just the opposite. Now, we tell our sellers if it doesn't sell in 30 days and you don't get regular showings they need to reduce the price by 1% and continue to reduce the price every thirty days by 1% until it sells. The percentage in you area may be different , but you need to stay ahead of a falling market. One other idea that comes to mind is if your house can qualify for FHA you can give a gift to a buyer through a program like Nehemiah. The web site for Nehemiah is www.getdownpayment.com. With a program like Nehemiah and FHA you can get a qualified buyer to buy your home for no money down. That might attract buyers. I hope that helps - Fri May 23 2008, 19:53
what's the right amount to offer for a home and have it not be considered a low ball offer?
Asked Tue May 13 2008, 21:54 by Lupita Calam… - Savannah - Home Buying - 9 answers
Dave and Karen Chapman answered:
Lupita,
To add what has already been said, if you really want to buy the house make sure that you do not go too low. You want the sellers to respond to your offer and if you go too low they will feel insulted and just not respond to you. If you don't care if you get the house are not go as low as you want because you don't care if the seller doesn't respond to your offer and you just move on to the next house. - Fri May 16 2008, 11:28
That is just a couple of questions I answered so far You can see all the questions I have answered and look at our profile here at Trulia.com.
Dave Chapman
www.DaveandKarenChapman.com
You said it is listed with an agent. Is it a full service brokerage? If so, I suggest you set down with your agent and ask them what are they doing to get your home sold quickly. What is their marketing plan? Where are they advertising your home? I also suggest that you discuss what your alternatives are if it does not sell before your new home is ready. The reality is you may need make to 2 mortgage payments for a period of time. Are you willing to rent it out for a year? You might want to talk to your agent about a rent to own program. That might attract more buyers. Or if you don't get any showings you need to reduce the price even further. We live in Frederick, Maryland. It was a hot market a couple of years ago, over 20% appreciation a year. These days it is just the opposite. Now, we tell our sellers if it doesn't sell in 30 days and you don't get regular showings they need to reduce the price by 1% and continue to reduce the price every thirty days by 1% until it sells. The percentage in you area may be different , but you need to stay ahead of a falling market. One other idea that comes to mind is if your house can qualify for FHA you can give a gift to a buyer through a program like Nehemiah. The web site for Nehemiah is www.getdownpayment.com. With a program like Nehemiah and FHA you can get a qualified buyer to buy your home for no money down. That might attract buyers. I hope that helps - Fri May 23 2008, 19:53
what's the right amount to offer for a home and have it not be considered a low ball offer?
Asked Tue May 13 2008, 21:54 by Lupita Calam… - Savannah - Home Buying - 9 answers
Dave and Karen Chapman answered:
Lupita,
To add what has already been said, if you really want to buy the house make sure that you do not go too low. You want the sellers to respond to your offer and if you go too low they will feel insulted and just not respond to you. If you don't care if you get the house are not go as low as you want because you don't care if the seller doesn't respond to your offer and you just move on to the next house. - Fri May 16 2008, 11:28
That is just a couple of questions I answered so far You can see all the questions I have answered and look at our profile here at Trulia.com.
Dave Chapman
www.DaveandKarenChapman.com
Posted by Dave C. at 8:13 PM 0 comments Links to this post
Labels: buyers, questions, real estate, sellers, selling a home, Trulia
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