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Why Working with a Real Estate Professional Is Crucial Right Now

Blog by KM Realty Group LLC, Chicago, Illinois

Navigating the housing market can be tricky, especially these days. That’s why an experienced guide is so important when buying or selling a home. The market isn’t straightforward right now, and working with a real estate expert can offer insights and advice that make all the difference.

While today’s market conditions might seem confusing or overwhelming, you don’t have to handle them alone. With a trusted expert leading you through every step, you can navigate the process with the clarity and confidence you deserve.

Here are just a few of the ways a real estate expert is invaluable:

Contracts — Agents help with the disclosures and contracts necessary in today’s heavily regulated environment.

Experience — In today’s market, experience is crucial. Real estate professionals know the entire sales process, including how it’s changing.

Negotiations — Your real estate advisor acts as a buffer in negotiations with all parties and advocates for your best interests throughout the transaction.

Industry Expertise– Knowledge is power in today’s market, and your advisor will and effectively explain processes, market conditions, and key terms, translating what they mean for you along the way along the way­.

Pricing — A real estate professional understands current real estate values when setting the price of your home or helping you make an offer to purchase one. Pricing matters more than ever right now, so having expert advice will help ensure you’re set up for success.

A real estate agent is a crucial guide through this challenging market, but not all agents are created equal. A true expert can carefully walk you through the whole real estate process, look out for your unique needs, and advise you on the best ways to succeed.

Finding an expert real estate advisor — not just any agent — should be your top priority if you want to buy or sell a home. As Bankrate says:

“real estate is very localized, and you want someone who’s extremely knowledgeable about the market in your specific area. you should also look for someone with a successful track record of negotiating and closing deals, preferably for homes similar to the kind you want to buy.”

What’s the Key To Choosing the Right Expert?

Like any relationship, it starts with trust. You’ll want to know you can depend on that person always to put you and your best interests first. That means hiring a true professional. As Business Insider explains:

“as long as you’ve properly vetted the agents you’re considering and ensured they have the necessary expertise, it’s ok to go with your gut when making your final decision on which real estate agent you want to work with. you’re going to be working closely with this person, so it’s important to choose an agent you’re comfortable with.”

Bottom Line

It’s critical to have an expert on your side who’s well-versed in navigating today’s housing market dynamics. If you plan to buy or sell a home this year, let’s connect so you have a real estate professional to give you the best advice and guide you.

[tipstosellhomefast]

New Post has been published on Buy A Home

New Post has been published on https://buyahome.indallastexasarea.com/the-benefits-of-buying-a-multi-generational-home-infographic/

The Benefits of Buying a Multi-Generational Home [INFOGRAPHIC]

Some Highlights

If you’re ready to buy a home but are having a hard time affording it on your own, or, if you have aging loved ones you need to care for, you might want to consider a multi-generational home.

Living with siblings, parents, and even grandparents can help you save money, give or receive childcare, and spend quality time together.

Talk to a local real estate agent to find a home in our area that’s perfect for you and your loved one’s needs.

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If you are looking to sell or buy a home or know of anyone that wants to sell or buy a home, give me a call at 917.345.6506. #resultsarein #letsfindit #letsfindyouahome #makemeyouragent #iworkforyou #buyer #buyers #buyersagent #buyerslife #seller #sellers #house #homes #buyahome #sellahouse #sellahome #buyahouse #cribs #coldwellbanker #keepcalm #realestateagent #realestate #listthathouse #listthathome #callme #realestate #realestateinvestor #justlisted #listings #listing #listingagent (at Coldwell Banker American Homes) https://www.instagram.com/p/CjjZn6AMbKU/?igshid=NGJjMDIxMWI=

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What To Expect if You Buy or Sell a Home This June | KM Realty Group LLC

June is a busy month in the housing market because a lot of people buy and sell this time of year. So, if you’ve got a move on your mind and you’re looking to make it happen this month, here’s a snapshot of what you need to know to make sure you’re ready.

If You’re Buying This June

A lot of homebuyers with children like to move after one school year ends and before the next one begins. That’s one reason why late spring into summer is a popular time for homes to change hands. And whether that’s a motivator for you or not, it’s important to realize more buyers are going to be looking right now — and that means you’ll want to be ready for a bit more competition. But there is a silver lining to a move this time of year. This is also when more sellers will list — so you should find you have more options. As an article from Bankrate says:

“late spring and early summer are the busiest and most competitive time of year for the real estate market. there’s usually more inventory listed for sale than other times of year . . . this is a double-edged sword for a buyer, as you will be met with more opportunities but [also] much more competition.”

During this busy season, it’s extra important to work with a trusted real estate agent. Your agent will help you stay on top of the latest listings, share expertise on how to make a strong offer in a competitive market, and give you insight into things like what the home is actually worth so you can make an informed decision when you buy. As Forbes says:

“approaching the market confidently, armed with good information and grounded expectations will take you far. don’t let the hustle of the market convince you to buy something that’s not in your budget, or not right for your lifestyle.”

If You’re Selling This June

Because there are more buyers this time of year, you’re in a great spot as a seller. Many of those buyers are highly motivated to make their move happen before the next school year kicks off — so they’ll likely put in strong offers to try to make that possible. That means, if your house shows well and is listed at market value, you could see your house sell faster or for a higher price. According to the National Association of Realtors (NAR):

“warmer weather and the end of the school year encourage more people to buy and sell, respectively. buyers are looking to move and settle before the new school year begins, contributing to increased competition and, consequently, higher prices.”

You want to be sure you’ve got a great agent on your side to help you with the contingencies on those offers and any negotiations that take place so you can pick the best offer. Make sure you go over closing dates with your agent. Buyers trying to time their move with the school year may need to delay a bit or move faster. This can depend on the school calendar where you live. As U.S. News Real Estate explains:

“ . . if your house goes under contract in early summer, the buyer may ask for a delay in closing or move-in until the school year finishes or their current home has sold. alternatively, a buyer later in summer may be looking to close quickly and move in under a month. remain flexible to keep the deal running smoothly, and your buyer may be willing to throw in concessions, like covering some of your closing costs or overlooking the old roof.”

Bottom Line

If you’re looking to make a move this June, let’s chat with real estate professionals in Chicago, so you know what to expect. We’ll come up with a plan that factors in current market conditions, but still works for you.

[tipstosellhomefast]

New Post has been published on Buy A Home

New Post has been published on https://buyahome.indallastexasarea.com/dont-believe-everything-you-read-about-home-prices/

Don’t Believe Everything You Read About Home Prices

According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way?

It has a lot to do with all the negative talk about home prices over the past year. Since late 2022, the media has created a lot of fear about a price crash and those concerns are still lingering. You may be hearing people in your own life saying they’re worried about home prices or see on social media that some influencers are saying prices are going to come tumbling down.

If you’re someone who still thinks prices are going to fall, ask yourself this: Which is a more reliable place to get your information – clickbait headlines and social media or a trusted expert on the housing market?

The answer is simple. Listen to the professionals who specialize in residential real estate.

Here’s the latest data you can actually trust. Housing market experts acknowledge that nationally, prices did dip down slightly late last year, but that was short-lived. Data shows prices have already rebounded this year after that slight decline in 2022 (see graph below):

But it’s not just Fannie Mae that’s reporting this bounce back. Experts from across the industry are showing it in their data too. And that’s why so many forecasts now project home prices will net positive this year – not negative. The graph below helps prove this point with the latest forecasts from each organization:

  What’s worth noting is that, just a few short weeks ago, the Fannie Mae forecast was for 3.9% appreciation in 2023. In the forecast that just came out, that projection was updated from 3.9% to 6.7% for the year. This increase goes to show just how confident experts are that home prices will net positive this year.

So, if you believe home prices are falling, it may be time to get your insights from the experts instead – and they’re saying prices aren’t falling, they’re climbing.

Bottom Line

There’s been a lot of misleading information about home prices over the past year. And that’s still having an impact on how people are feeling about the housing market today. But it’s best not to believe everything you hear or read.

  If you want information you can trust, turn to the real estate experts. Their data shows home prices are on the way back up and will net positive for the year. If you have questions about what’s happening in your area, connect with a local real estate agent. 

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[mandeeptoor]

OPEN HOUSE SAT AND SUN , SEP 16TH & 17TH 2 TO 5PM.

You can reach me at (416) 731-7774

Learn how you can buy or sell with confidence.

Call 416-731-7774, or Email 7317774@gmail.com

Mandeep Toor, Broker

RE/MAX Real Estate Centre Inc., Brokerage

www.MandeepToor.ca

Helping you navigate the buying and selling process with ease.

#BuyAHome #SellAHome #BuyingAHome #SellingAHome #REMAX #REMAXRealEstateCentre #REMAXCentre #REMAXREC #Brampton #Caledon #Mississauga #Georgetown #Orangeville #MandeepToor #MandeepToorRealEstate #MandeepToorREMAX #MandeepToorRealtor #mandeeptoorrealty

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If you are looking to sell or buy a home or know of anyone that wants to sell or buy a home, give me a call at 917.345.6506. #resultsarein #letsfindit #letsfindyouahome #makemeyouragent #iworkforyou #buyer #buyers #buyersagent #buyerslife #seller #sellers #house #homes #buyahome #sellahouse #sellahome #buyahouse #cribs #coldwellbanker #keepcalm #realestateagent #realestate #listthathouse #listthathome #callme #realestate #realestateinvestor #justlisted #listings #listing #listingagent (at Coldwell Banker American Homes) https://www.instagram.com/p/CjjZmjCs2L_/?igshid=NGJjMDIxMWI=

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