Should You Take the First Offer on Your Home?

Today I wanted to cover a subject that seems to have a lot of different opinions among real estate agents and that is, as a seller, if the first offer made is the one you should take. For the majority of the time, I would say yes that is the case and there are a lot of reasons for that. First of all, if a house is on the market for typically 25-45 days, you’ve had people look at your house and the offer you finally get is going to be your best offer. Not only that, but properties tend to go “stale” and the buyers start seeing that the longer the home has been on the market, then the more they feel like they have negotiating power.

That being said, those are the characteristics of a typical market where homes are staying active for 1-3 months. However, what we’re seeing a lot of is multiple offers; especially on homes that are priced well. When we price a home right at the perfect market value, we’re getting 2-4 offers on the property within the first few days. My suggestion is to take a look at a few offers, compare them and give the buyers the chance to raise the price a few thousand dollars. As for the buyers that are listening, when you go to put in a bid on a home that is really nice and only been on the market for a few days, call your agent (like us) and find out if there have already been multiple offers and what price you need to be at to actually obtain the home.

If you are looking to sell your home, please let us know. We are doing fantastic at getting properties sold within the first week or two because of the extensive marketing and the accurate pricing. Also, if you’re a buyer and looking to work with a buyer specialist, we have three on hand and they are great at moving quickly to get you in a position where you’re one of the first people to make an offer. This prevents you from paying more than you have to for a home.

Give us a call at (352) 988-3447 if you have any questions. Thanks and have a great day!

Now is the Time to Sell Your Home!

With the fall season in full swing, the keyword is “motivated buyers.” The motivated buyers that fall brings makes it a great time to sell your home because these buyers want to have their family settled in for Christmas. Another reason it is a great time to sell is because inventory is typically low in the fall because sellers want to wait until the holidays are over. This sounds great in theory, but the reality is you’re going to get more money for your home towards the end of the year. The low supply creates more demand for your home and drives up the price.

For sellers to have their home ready to sell this time of year, they need to clean up their house, decorate it as you would for the holidays and get it listed. This will allow both you and your buyer to have a new home for Christmas.

If you are interested in selling your home before the end of the year, check out our free home value report or call me at (352) 988-3447. Thanks and have a great day!

Is Your Home Really Ready for the Market?

Welcome back! Today I wanted to talk to you about correctly preparing your house for sale in this competitive market. The first thing I can say is, clean it up! One thing we will do for you is go around your house and show you the areas that will make a difference to a buyer. Another thing is fixing things like leaks, holes in a wall, and simple areas that need to be painted (something I call “boogeyman” features).

Not fixing “boogeyman” features turns buyers away as they view the house as becoming one big expense when in fact, it’s very simple to remove these issues while at the same time improving the curb appeal of your home. If you are interested in selling home, a free home report is available at the top of the page or you can contact me at (352) 988-3447.

Your Hot Orlando Real Estae Tip : Get a Pre-Qualification Letter

Hello, Bryant Day here with Premium Properties in Sorrento! I’d like to welcome you to my new video blog! We will be creating educational, real estate videos every two weeks to keep you up to date on what is happening in our local market as well as providing you with some tips and insights on buying and selling property.

This week, I would like to talk with you about what is happening in our current real estate market. If you are on the fence, thinking about buying a property, I urge you to get a pre-qualification letter. The reason why a pre-qualification letter is so important is due to the fact that many properties are receiving multiple offers within the first week. If you find your dream home, you do not want to waste any time waiting on getting your pre-qualification letter. You may lose the home to another buyer, so make sure that you are prepared before you start looking.

If you ever see a property that strikes your interest, contact us immediately! Now is not the time to sit on the sidelines.

For all of your real estate needs, call The Bryant Day Team at 407.306.7700 or send us an email at homerealestatepro@gmail.com. Thanks and we look forward to hearing from you!