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Selling and buying homes in Lake Norman Charlotte Triangle Wilmington

3 Important Misconceptions about Flat Fee Realtors

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Selling or buying a home is a time-consuming process. And involving a good experienced realtor can make the difference. Most buyers and sellers have plenty to do beyond the sale and finding the right team to work with is critical. Flat Fee Realty in the Triangle, Wilmington, and Lake Norman is a valuable partner for many homeowners and home seekers in the Tar Heel State. While the Flat Fee opportunity might be considered a little unconventional, it is a safe, cost effective, and simple way to sell a home in North Carolina.

Our professional team of local agents present three misconceptions about flat fee listings and how we market and sell homes:

  • Buyer’s agents won’t show our homes: Most flat fee listings do in fact offer commission to the buyer’s agent. The amount of commission to be gained from a sale should have no effect on what houses an agent shows to clients. The buyer’s representation agreement or the offer to purchase will typically include how commission is paid to the partnering agent.
  • Flat Fee Realty is almost the same as a (FSBO) For Sale by Owner: When a house is being sold by the owner, every aspect of the process is up to the owner/seller: marketing, pricing, closing, negotiations, and legalities. Flat Fee Realty manages many of these services on behalf of the client.
  • MLS is Crucial: Real estate has changed with the evolution of technology. While a multiple listing service (MLS) is important and still used, it is not the only tool that Flat Fee Realty Agents use. In many cases, it still can be the first place that our agents go to look for reviewing homes for clients. However, sites like Facebook, Pinterest, Zillow, Trulia, and more are also assessed and used to showcase homes.

Our local Flat Fee Realty listings offer great benefits, including great money savings, to both home buyers and home sellers. If readying a home for sale in North Carolina, it is important to consider a flat fee listing. Please contact us today to find out more about what we can do for you! At Flat Fee Realty, we offer everything that a seller would need and we do it with our clients in mind. We are the Future of Rael Estate in the Triangle, Wilmington and Lake Norman.

Yes! The home in the picture is for sale in Cary!

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

Look for our new locations in Wilmington and Lake Norman/ Charlotte

Find us on Instagram!

The Future of Real Estate!

Flat Fee Realty

Triangle: 919 342 5230 

Lake Norman/ Charlotte: 704 659 3560

Wilmington: 910 225 7721

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com

 

3 Important Financial Tips for First-Time Home Buyers in North Carolina

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Rent and lease prices are on the rise across the nation, and it is the leading cause for the increase in first-time home buyers here in the Triangle and across the United States. According to Zillow’s 2016 Consumer Housing Trends report, 50% of buyers are under age 36, and 47% of them are buying for the first time. This means there are an array of buyers in the market who need guidance from the local area experts, Flat Fee Realty NC.

Everyone knows that one of the biggest factors associated with buying a home is money. Buying a first home can be expensive, risky, and it can leave North Carolina homebuyers wondering if they’re making the right decision. Luckily, homebuyers in Wilmington, the Triangle, and Lake Norman have the expertise of Flat Fee Realty’s knowledgeable team of agents that are willing and ready to help buyers plan their financial investment in the right way.

Flat Fee Realty shares three important financial tips that are most important to first-time home buyers in North Carolina:  

  • Assessing geographic considerations: It’s all about location, right? Without proper planning, buyers may find their closing costs will skyrocket due to the applicable taxes in a specific area. The rates can vary across street names, so it’s best for buyers to be aware of the rates in their target locations and plan for them.
  • Avoiding Private Mortgage Insurance (PMI): Most mortgage lenders prefer a 20% down payment on a new home. If buyers offer something less, they are likely forced into other fees instituted to protect the lender; this situation can include private mortgage insurance (PMI). A full down payment will help to reduce interest rates on the loan overall and avoid the extra monthly fee associated with PMI.
  • Making sound financial decisions: No one can truly predict the future, and there may be potential financial benefits ahead for a first-time home buyer that might convince them to shop out of their budgeted price range. However, anything can happen, and it’s best to not count on money that might not be there in the future. First-time buyers should be realistic about what they can afford need to stay within predetermined means.

Buying a home for the first time is a huge investment; and Triangle, Lake Norman, and Wilmington buyers deserve a local dedicated team on their side. Our agents at Flat Fee Realty can help first-time buyers plan their finances and make sure nothing comes as a surprise. Contact us today to see how we can help!

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

Look for our new locations in Wilmington and Lake Norman

Find us on Instagram!

The Future of Real Estate!

Flat Fee Realty

Triangle: 919 342 5230 

Lake Norman: 704 659 3560

Wilmington: 910 225 7721

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com

 Photo: pixabay

3 Important Impacts of Rising Mortgage Rates in North Carolina

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There are a number of housing trends in the Triangle, Lake Norman and Wilmington markets to track in 2017. One major factor is the mortgage rate, which will continue to have an impact on the housing market overall across the entire state.

Luckily, our homeowners and buyers in our three markets have a dedicated team of professionals working hard to stay on top of mortgage rates and more. Our experienced agents at Flat Fee Realty are transparent about the potential impacts the rising mortgage rates will have, and we’re dedicated to ensuring that home buyers and sellers are knowledgeable of the market shifts.

Flat Fee Realty offers three important impacts that rising mortgage rates will have on the North Carolina real estate market:  

  • Mortgage affordability: Buyers have been able to secure historically low rates for the past few years, but since the national election in November, the rates have increased and we may see more increases throughout 2017. Since income hasn’t increased in tandem, this leaves homeowners making slightly higher monthly payments than they did last summer.
  • Lower inventory: Since current homeowners have lower fixed rates, it could be less appealing to sell a home and refinance or take on a new mortgage. This will potentially lead to fewer houses listed on the market, which will in turn make home buying a little more challenging. Working with a Flat Fee Realty NC agent is very beneficial for buyers who need guidance and access to more properties that could otherwise go unnoticed.
  • Housing appreciation. According to Zillow, home values did increase by 6.8% in 2016, and they’re projected to rise 4.6% in 2017. So, with increased home value, buyers will be faced with borrowing a little more and at slightly higher rates. Again, our agents will help navigate the shifting market and give homeowners and potential buyers peace of mind in 2017.

Although things may look uncertain for the Carolina housing market this year, there’s no need to worry if our Triangle, Lake Norman and Wilmington residents are working with our local teams at Flat Fee Realty. Despite the increases, we’ll be here to guide our homeowners and buyers throughout the process, ensuring they are aware of all current market trends. Contact our regional office in Morrisville NC today to see how we can help find an affordable home at the right price.  

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Photo: Flat Fee Realty NC

This real estate blog post on mortgage rates and home buying and selling in North Carolina is brought to you by the team at Flat Fee Realty LLC, and is intended for informational purposes only.

Check out our new locations in Wilmington and Lake Norman/ Charlotte

Find us on Instagram!

The Future of Real Estate!

Flat Fee Realty

Triangle: 919 342 5230 

Lake Norman/ Charlotte: 704 659 3560

Wilmington: 910 225 7721 

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com


 

 

 

3 Ways to Use Social Media to Boost Home Marketability Across North Carolina

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Since so many Triangle, Charlotte, and Wilmington residents have social media accounts through Facebook, Twitter, and LinkedIn, home sellers are able to utilize those platforms to keep home buyers informed and interested in listed properties. Our real estate professionals at Flat Fee Realty recommend using social media to help in to help in the home selling process.

3 ways Flat Fee Realty uses social media to boost the visibility of North Carolina homes:  

  • Create and share websites: Serious sellers looking to increase their home’s online presence know that creating easy-to-navigate websites is important. A website can include information on the property, pictures, and even virtual tours to entice buyers to schedule a visit. The links to the website are easily shareable to social media platforms, making them ideal for sellers and buyers to interact.
  • Use personal networks: The great thing about social media is that everyone already has an established network of contacts at their fingertips. Friends and family are generally eager to help when one of their connections expresses a need. They’re able to share postings to spread the word, or they might even have advice for success during the online selling process!
  • Be careful of spamming: Social media users also have control of their news feeds, and they’re able to hide and delete repetitive or “nuisance” posts. Be sure to use the power of posting in a reasonable manner when sharing details of a home for sale. Try to keep posts informative and new, so don’t re-post the same thing several times a day.

There are many other important ways to use social media for selling a home in across North Carolina. Our experts at Flat Fee Realty are knowledgeable and have insight into how the platforms can be used to their full potential. Contact our real estate agents today to see how their guidance and the use of social media can help sell a home!

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This post on using social media for selling and buying a home in Lake Norman, Charlotte, Wilmington and the Triangle of North Carolina is brought to you by the team at Flat Fee Realty LLC and is intended for informational purposes only.

Check out our new locations in Wilmington and Lake Norman/ Charlotte

Find us on Instagram!

The Future of Real Estate!

Flat Fee Realty

Triangle: 919 342 5230 

Lake Norman/ Charlotte: 704 659 3560

Wilmington: 910 225 7721 

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com

Photo: tumisu, pixabay

 

 

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