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Category: Agent Value

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Why Some Homes Sell Quickly – and Others Don’t Sell at All

Written by Key Largo Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Inventory, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

A few years ago, inventory hit a record low. Just about anything sold – and fast. But now, there are far more homes on the market. Listings are up almost 20% from this time last year. And in some areas, supply is even back to levels we last saw in 2017–2019. For sellers, that means one thing: Your house needs to stand out and grab attention from day one. That’s especially true when you consider why the number of homes for sale is up. Here’s how it works. Available inventory is a mix of:  Active Listings: homes that have been sitting on the market, but haven’t sold yet New Listings: homes...

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Don’t Let Unrealistic Pricing Cost You Your Move

Written by Key Largo Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

These days, you’re going to want to get your price right when you get ready to sell your house. Honestly, it’s more important than ever. Why? While you may want to list high just to see what happens, that’s a plan that can easily backfire, and it’s going to cost you in today’s market. And the risk isn’t just missing out on offers, it’s missing out on the move you needed to make in the first place. The Real Pitfall of Overpricing Many homeowners remember what their neighbor’s house sold for a few years ago, and they want to chase that same sky-high number. The problem is, that was a...

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Are These Myths About Buying a Newly Built Home Holding You Back?

Written by Key Largo Mortgage Syndicated User on . Posted in Affordability, Agent Value, For Buyers, Key Largo Mortgage, Key Largo Mortgage Rates, New Construction.

If you’ve been skipping over newly built homes in your search, you might be doing so based on outdated assumptions. Let’s clear up a few of the most common myths, so you don’t miss out on a solid opportunity. Myth 1: New Homes Are More Expensive It’s easy to assume a new build will cost more than an existing home, but that’s not necessarily true, especially right now. Data from Census and the National Association of Realtors (NAR) shows the median price of a newly built home today is actually lower than a home that’s been lived in already (an existing home): So, why’s this happening? As...

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Why Selling Without an Agent Can Cost You More Than You Think

Written by Key Largo Mortgage Syndicated User on . Posted in Agent Value, For Sale by Owner, For Sellers, Inventory, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

Cutting out the agent might seem like a smart way to save when you sell your house. But here’s the hard truth. Last year, homes that sold with an agent went for almost 15% more than those that sold without one. That gap is pretty hard to ignore. And with more homes on the market to compete with right now, selling on your own is a mistake that’s going to cost you. This Isn’t the Market for DIY Selling A few years ago, you might’ve gotten away with a “For Sale By Owner” (FSBO) sign in your yard, navigating the process on your own. That’s because homes were flying off the market and buyers...

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The 3 Things You Risk by Pricing Too High

Written by Key Largo Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Home Prices, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

When selling your house, the price you choose isn’t just a number, it’s a strategy. And in today’s market, that strategy needs to be sharp. The number of homes for sale is climbing. And that means buyers have more choices and can be more selective. If your price doesn’t line up with what else is out there, they’ll scroll right past it and go on to the next one. Pricing right from the start is your best move – and a great agent can help make sure you do. Overpricing Comes at a Cost And more sellers are finding that out the hard way. They list their house based on how things were a...

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Today’s Tale of Two Housing Markets

Written by Key Largo Mortgage Syndicated User on . Posted in Agent Value, For Buyers, For Sellers, Home Prices, Inventory, Key Largo Mortgage, Key Largo Mortgage Rates.

Depending on where you live, the housing market could feel red-hot or strangely quiet right now. The truth is, local markets are starting to move in different directions. In some places, buyers are calling the shots. In others, sellers still hold the power. It’s a tale of two markets. What’s a Buyer’s Market vs. a Seller’s Market? In a buyer’s market, there are more homes for sale and not as many buyers. That means homes sit longer, buyers have more negotiating power, and prices tend to soften as a result. It’s simple supply and demand. On the flip side, a seller’s market happens when...

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Don’t Make These Mistakes When Selling Your House

Written by Key Largo Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

Are you thinking about selling your house? Some common mistakes today can make the process more stressful or even cost you money. Fortunately, they’re easy to avoid, as long as you know what to watch for. Let’s break down the biggest seller slip-ups, and how an agent helps you steer clear of them. 1. Overpricing Your House It’s completely natural to want top dollar for your house, especially if you’ve put a lot of work into it. But in today’s shifting market, pricing it too high can backfire. Investopedia explains: “Setting a list price too high could mean your home struggles to attract...

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Top 5 Reasons To Hire a Real Estate Agent When You Sell

Written by Key Largo Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Infographics, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

Some Highlights The right agent doesn’t just list your house – they help you sell smarter, faster, and with fewer surprises. With an agent’s help, you’ll know what’s happening in your local market and how to price your house right. You’ll feel confident filling out complex legal documents and at the negotiation table. And that’s priceless. Connect with an agent so you have that expertise on your side.?

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Why Most Sellers Hire Real Estate Agents Today

Written by Key Largo Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Key Largo Mortgage, Key Largo Mortgage Rates.

Selling your house without an agent as a “For Sale by Owner” (FSBO) may be something you’ve considered. But you should know that, in today’s shifting market, more homeowners are deciding that’s just not worth the risk. According to the latest data from the National Association of Realtors (NAR), the number of homeowners selling without an agent has hit an all-time low (see graph below): And for the small number of homeowners who do decide to sell on their own, data shows they’re still not confident they’re making a good choice. A recent survey finds three out of every four homeowners who...

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Your House Didn’t Sell. Here’s What To Do Now.

Written by Key Largo Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

When your house doesn’t sell, it doesn’t just feel frustrating – it feels personal. You put time, money, and emotional energy into this move. You told your friends and family it was happening. And now that your listing has expired without a buyer? You’re left feeling stuck, and maybe even a little embarrassed. And here’s what most agents won’t tell you. Over 70% of homeowners who re-list with a different agent sell their house. Re-list with the same agent? That stat drops to only 50%, according to the latest data from REDX. That’s like leaving the fate of your sale to a coin toss....

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