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How To Get The Most Value For Your Home

Thu, 01 Sep 2022 16:42:45 GMT

The National Association of Realtors conducted market research that showed agent-assisted home sales increased final sale values by over 20%.

When considering whether or not to work with a real estate agent make sure to factor in the extra 20% that agents provide on average. Even for mid-market properties, selling your home without an agent can leave significant money on the table.

A median final sale difference of $260,000 compared to a median $318,000 for agent-assisted sales.

Selling your home is a big decision and you want to make sure you get the most value for your home. Here are some tips and advice to sell your home at the highest value possible:

1. Work with a real estate agent who knows your local market.

2. Make sure your home is in tip-top shape before putting it on the market.

3. Check recently sold properties in your neighborhood on sites like Zillow and price your home competitively.

4. Market your home effectively. This is where a local real estate agent could really help.

5. Be flexible with showings and open houses. You never know if that missed home showing was the right buyer.

By taking these steps, you can ensure you get the most value for your home when selling it.

What to Expect When Working with a Real Estate Agent

Mon, 15 Aug 2022 16:47:17 GMT

First, find an agent that knows your market

A good rule of thumb is to seek out a real estate agent early in your buying or selling process. Local agents are often aware of trends in your area that are hard to notice for someone not working in real estate.

If you have the "show me the numbers" mentality, RealTrends released the top real estate companies by closed transactions with eXp Realty and Compass leading the way. You can read the full report at RealTrends .

Now that you found a potential agent you would like to work with, have a few questions ready for them

How long have you been working in this area?

What is the average home price of your recent transactions?

Are you partnered with an agency?

Gauge how they respond and if their responses are in a timely manor. The real estate market moves quickly and you want to know they are on your team and you are a priority.

Agents scan listings that include your wish list items

You know you are off to a good start when your agent lets you talk more than they do. Successful agents will document your initial conversations and make sure to show you listings that align with your needs.

Sometimes the market makes hitting all the items impossible but if you are clear about the most important home attributes you can expect them to filter listings based on those criteria.

To summarize, expect your agent to help you find a property that meets your needs and budget. They will also help you negotiate the purchase price and terms of sale.

Don't forget to check their social media or website

Active agents typically have recent closings, sales, and resources to help you with the buying or selling process.

Current testimonials can also give you insight into how they help clients and if their previous customers would recommend them to others.

Top Grand Rapids Area Neighborhoods to Buy a House In 2022

Mon, 01 Aug 2022 16:48:38 GMT

Eastgate

The Eastgate neighborhood is a great place to raise a family. It is a quiet neighborhood, yet near everything. It is only 15 minutes to downtown, 5-10 minutes to restaurants and the mall. The streets are beautiful and tree-lined. The neighbors are friendly and always say hello as you pass by .

Ottawa Hills

If you're looking for a neighborhood that offers an urban suburban mix feel, then Ottawa Hills is the place for you! With a population of just under 1,000, this neighborhood is perfect for young professionals and retirees alike. You'll find plenty of bars, restaurants, coffee shops, and parks to keep you busy, and the public schools are highly rated. Plus, most residents own their homes in Ottawa Hills.

Fulton Heights

Come to this beautiful and safe area to explore the many good parks around. Many homeowners in this area have been making improvements and it's a home-loving community. You'll fit right in with the large majority of dog owners who walk their dogs around. You may even make some doggy play dates with your new neighbors.

Eastown

Come to Eastown and experience the best of Grand Rapids! This neighborhood has everything you could want, from great bars and restaurants to beautiful parks. You'll feel right at home here, whether you're a young professional or a retiree. The residents are friendly and welcoming, and you're sure to have a great time!

John Ball Park

John Ball Park is a great neighborhood in Grand Rapids, Michigan with a population of 2,887. John Ball Park is in Kent County and it's a great place to live because it offers residents close access to parks, a zoo, restaurants, and downtown. There are also a lot of bars and parks in John Ball Park.

What factors increase home values?

1. Location is key

The location of a property is one of the most important factors that affect its value. Properties that are situated in prime locations, such as near good schools, public transportation, and amenities, are usually more valuable than those in less desirable areas.

2. Size

The size of a property also affects its value. Larger properties usually sell for more than smaller ones, simply because there is more space to build on or develop.

3. Age

Surprisingly, older properties tend to be more valuable than newer ones, simply because they have more history and character. In addition, older properties are often located in prime locations that have since been developed, making them even more valuable.

4. Condition

The condition of a property is also important in determining its value. Well-maintained properties will always be more valuable than those that are in need of repair.

5. Amenities

Properties that come with desirable amenities, such as a swimming pool or a home gym, are usually more valuable than those that don’t. This is because these amenities add to the property’s desirability and make it more enjoyable to live in.