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Category: Selling Tips

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If the Asking Price Isn’t Compelling, It’s Not Selling

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

Some Highlights Unfortunately, a lot of sellers today are setting their asking price too high. That’s leading to an uptick in price cuts.? Some of the most common reasons this is happening are that they’re not paying attention to current market conditions or they’re trying to leave room for negotiation. The best way to avoid this mistake? Connect with an agent to make sure your house is priced to pull people in, not push them away.

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The #1 Thing Sellers Need To Know About Their Asking Price

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

When you put your house on the market, you want to sell it quickly and for the best price possible; that’s generally the goal. But too many sellers are shooting too high right now. They don’t realize the market has shifted as inventory has grown. The side effect? Price cuts are on the rise, but they really don’t have to be. Here’s why. According to data from Realtor.com, in February, price cuts were the highest they’ve been in any other February since 2019 (see graph below): If you consider that 2019 was the last true normal year for the housing market – that’s a big deal....

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The Best Week To List Your House Is Almost Here – Are You Ready?

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

If selling your house is on your to-do list this year, the time to start prepping is now. That’s because experts say the best week to list your house is coming up fast. A recent Realtor.com study analyzed years of housing market trends (excluding 2020 since it was an outlier) and found that April 13–19 is expected to be the ideal window to put your house on the market this year: “. . . we’ve identified April 13-19 as the best week to list for sellers . . . a seller listing a well-priced, move-in ready home is likely to find success. Because spring is generally the high season for real...

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Is It Time To Put Your House Back on the Market?

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

If you took your house off the market in late 2024, you’re not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that’s more than any other December going all the way back to 2017 (see graph below): Whether it was because offers weren’t coming in, the timing around the holidays felt overwhelming, or they wanted to see if the market would improve in the new year – a lot of other homeowners decided to press pause, too. But now, with spring fast approaching, it’s time to...

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Why a Pre-Listing Inspection May Be Worth It in Today’s Market

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

Selling a house comes with a lot of moving pieces, and the last thing you want is a deal falling apart over unexpected repairs uncovered during the buyer’s inspection. That’s why it pays to anticipate potential issues before buyers ever step through the door. And one way to do that is with a pre-listing inspection. What Is a Pre-Listing Inspection?  A pre-listing inspection is essentially a professional home inspection you schedule before putting your house on the market. Just like the inspections your buyer will do after making an offer, this process identifies any issues with the...

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More Buyers Are Making Moves — Is It Time To Sell?

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

More people are taking steps to buy a home. And, if you’ve been waiting for the right time to move, this may be the sign you’ve been looking for. For the past few years, a lot of would-be homebuyers hit pause on their plans. With rising mortgage rates and affordability challenges, buying just didn’t seem doable. But now, more of them are getting back out there. That’s because they’re getting used to the fact that this may be the new normal for the market – especially as forecasts show mortgage rates may be starting to stabilize. According to the National Association of Realtors (NAR): ...

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Should I Update My House Before I Sell It?

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

Some Highlights With more homes for sale and buyers being more selective, it’s smart to make strategic updates.? But how do you decide what’s worth doing? ?You lean on an agent. An agent will be able to tell you what buyers want, quick wins that’ll have a big impact, and what projects have the best ROI. What projects are on your to-do list before selling? With only a month left before spring, connect with a local agent so you know what’s worth the time and effort. 

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Seller Concessions: A Smart Strategy To Get Your House Sold

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

For the past few years, it’s been mostly a seller’s market. But dynamics are shifting as the number of homes for sale grows. And that means that the market is balancing out a bit. As a result, some sellers are finding they need to be more flexible to close a deal. One strategy that can help? Offering concessions. As the National Association of Realtors (NAR) explains: “As home inventory begins to grow and buyers regain some advantage in the market, sellers may consider offering more in negotiations to make the deal more attractive and get to the closing table.” What Are Seller...

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The Secret To Selling This Spring: Start the Prep Work Now

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

Spring is the busiest season in the housing market. It’s the time of year when buyers are most active – that means it’s when homes sell faster and for top dollar. If you’ve already got a move on your mind, why not list this spring and take advantage of the added buyer demand? Since spring is just around the corner, now’s the time to start getting your house market-ready. You’ve got just over a month to do the prep work. And while that may sound like a decent amount of time, it’s going to go by quickly. And you won’t want to rush through this important task – especially this year. The...

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The 3 Biggest Mistakes Sellers Are Making Right Now

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

If you want to sell your house, having the right strategies and expectations is key. But some sellers haven’t adjusted to where the market is today. They’re not factoring in that there are more homes for sale or that buyers are being more selective with their budgets. And those sellers are making some costly mistakes. Here’s a quick rundown of the 3 most common missteps sellers are making, and how partnering with an expert agent can help you avoid every single one of them. 1. Pricing the Home Too High According to a survey by John Burns Real Estate Consulting (JBREC) and Keeping Current...

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