Friday, July 25, 2014

Four real estate tips to help Keller buyers and sellers both win this summer

Four real estate tips to help Keller buyers and sellers both win this summer


The Keller real estate market heats up when the weather does, and spring and summer are traditionally the most active seasons for home sales. This year home prices may continue to rise and, with mortgage rates remaining low, the spring and summer real estate season will be competitive for both buyers and sellers in DFW.
Buying a house can be a high-pressure task. Everyone wants to win in the DFW real estate market, but not all do. Fortunately, some simple steps can help ensure both buyers and sellers achieve the best possible outcomes.

1. Don't go it alone.
Real estate agents bring value to both sides of a home sale. Ensuring that sellers get top dollar and spend less time waiting for their Keller homes to sell, and that buyers get the best home at the best price. To find a good agent, interview several, - including the Grove Team read online reviews, get recommendations from family and friends in the DFW area, and take your time. Look for an agent who makes you feel comfortable.
2. Know what's going on in your market.
It's generally a hot market at this time of year. In order to maximize chances of success, both buyers and sellers should thoroughly research home prices in the Keller area. Knowing what other homes are selling for will help sellers competitively price their homes, and buyers who do their research will be less likely to overpay. Buyers may also be able to avoid unproductive bidding wars if they're armed with price information and know ahead of time how much they are willing to stretch their budget for any given home.

The Grove Team will be happy to provide buyers and sellers with a comparative market analysis of home values and prices in their area.

3. Be creative.

DFW area sellers don't want to set prices too low and buyers don't want to pay too much. Creativity can help close the deal for both groups.

Rather than listing a home for a lower price, sellers can enhance their listing's attractiveness in a number of ways, such as offering to help buyers with closing costs or including a home warranty in the sale. Buyers - especially those in multiple offer situations - can make their offers more attractive by getting mortgage pre-approval, waiving contingencies or offering to rent the home back to sellers for a short period of time to help them with their transition.

4. Know when to walk away.

Sometimes a deal just isn't right. Perhaps the other party's agent makes you uncomfortable, a buyer is adamant about a lowball offer or a seller refuses to make necessary repairs. Flash sales, bidding wars, price jumps and inventory crunches can also make you feel uncomfortable.

When a bad scenario occurs, the best course of action may just be to walk away. With the looming possibility of a regrettable purchase, it pays to do everything you can to make sure the deal you're considering is right for you.
Whether it's selling your home or finding a new one, we have designed this site so that you can quickly and easily locate the information you are looking for. The Grove Team's client-centered approach results in the best possible outcome for you. Please contact us now to begin the process of achieving your dreams in home ownership.
Office (817) 337-0000
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