Month: October 2015 | Independent Triangle Real Estate Broker | Raleigh, Cary, Durham, Apex, Chapel Hill NC

myth or fact- stuart miles- freedigitalphotos.net We offer an important fact. Most people find the unknown a little bit scary, and homeowners in the Triangle and North Carolina are no different. It is an exciting 3^rd Quarter in Triangle real market. And it might be the right time for many owners in Raleigh, Cary, Apex and vicinity to trade up. While envisioning a new home is easy, making the decision to sell a home is often difficult.

Our experienced real estate professionals at Flat Fee Realty share three very important facts about selling a home as we head to 2016:

Overpricing a home can help the neighbors more easily sell theirs: Every home for sale is in direct competition with other homes for sale in a neighborhood. If priced too high, it will never show up when buyers search in the range that it should be priced. It will show up in higher priced searches, along with a neighbor’s bigger, nicer homes. Not many buyers are willing to pay more for less.

Selling a home is often more than just a daily inconvenience: Every home seller has disruptions and inconvenience. Getting the home ready to sell; packing, and the interruption of daily schedules and activities are all part of moving. Keeping expectations under control will make the entire process easier.

Ignoring a home repair will cost more than the repair itself: Fixing a repair before a home is under contract is almost always easier and less expensive. Once a buyer notices the need for repair, they will use it to negotiate a lower sales price. They’ll think other repairs will be needed as well. They’ll want a bit more of a reduction to cover the cost.

Closing day is the final day: When closing day arrives, sellers must have all of their belongings moved out, leaving the home clean and in move-in condition for the buyers. Extra time isn’t allowed, unless of course a seller has negotiated this with the buyer. Of course, there’s a cost to this, as buyers will want financial compensation, or “rent”, if sellers want to stay in the home past closing.

There are countless myths surrounding the home buying and selling process, and sometimes it seems like everyone is an expert. This couldn’t be further from the truth. Experience counts in real estate. Working with a knowledgeable, reliable Flat Fee Realty agent is the best way to find out the straight truth about the sales process.

The real estate agents at Flat Fee Realty want to help Triangle buyers and sellers separate fact from fiction. Contact us today to find out the essential things to know before deciding to buy or sell a home.

This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.

The Future of Real Estate!

Flat Fee Realty

919 342 5230

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Terry@FlatFeeNC.com

Photo: Stuart Miles, Freedigitalphotos.net

Sold House- Stuart Miles- Freedigitalphotos.net Almost everyone has heard at least one dreadful story about a real estate transaction gone awry, featuring a pushy, inexperienced or unethical real estate agent. So it’s no surprise that when home owners are ready to sell, some people in the Triangle decide to forego the agent relationship entirely and sell their home by-owner (FSBO). However, what they often fail to realize is that once that FSBO sign is in the yard, the owner IS the real estate agent (at least in theory).

That role comes with a lot of responsibility, and not everyone is naturally equipped to handle it. Brought to you by the top real estate agents at Flat Fee Realty, here are four essential personality traits a successful listing agent should possess:

A wide knowledge base: The Triangle real estate market is hyper-local and varies from neighborhood to neighborhood and even street to street in some places. Not only that, but it is constantly shifting. From the listing price to the marketing plan, specialized local market knowledge is a huge part of successfully listing and selling a home.

A bias towards extroversion: Being friendly and personable goes a long way, but it just isn’t enough when it comes to selling a home. A solid base of professional contacts and personal connections is an important part of bringing potential buyers into the picture.

Unfailing attention to detail: From the home staging to the paperwork, a good real estate agent is highly organized and able to dot the “I’s” and cross the” T’s”. Returning calls promptly, following up after showings, taking pictures from the best angle, and accurately completing complicated contracts are all areas that have the potential to trip up sellers who are not in the know.

Assertiveness: This can best be described as forcefulness tempered by a huge dose of politeness and diplomacy. A successful real estate agent is not afraid to speak up and advocate tirelessly for the best interests of their client, all while keeping emotions at bay.

Selling a home by private owner can work occasionally for some sellers. However, most of the time a frustrated owner ends up seeking the professional advice of a licensed real estate agent, after the home has been sitting on the market for weeks or even months on end. By that time, a dramatic price reduction might be necessary to renew buyer’s interest in a home that has been languishing on the market.

If the profile above doesn’t describe certain sellers, don’t despair. Whether you are thinking about selling on your own or seeking full-service representation, Flat Fee Realty can help! Contact us today for the most up to date information and guidance.