Tag Archives: Realtor

Why You Need a Realtor When Buying New Construction

new-constructionAs the economy has improved, so too has the construction of new homes.  What were once sad, empty parcels of land are now beautiful new developments, so it’s no surprise that sales in these neighborhoods have increased as buyers have returned to the market.

Building your dream home can be exhilarating, especially if given the opportunity to not only pick your lot and layout, but everything from your interior finishes to your upgrades as well.  While today’s homebuilders work hard to make the process as easy as possible for potential buyers, it’s still important to remember that purchasing a home involves a large financial transaction that can have an abundance of financial implications if handled incorrectly.

Therefore, while most new housing developments have their own agents on site to assist future homeowners in procuring a home, it’s still extremely important for buyers to maintain their own representation as well.

BUILDER REPS HAVE AN OBLIGATION TO THE BUILDER—NOT YOU.

While builder reps help detail things like the difference between various models and floorplans, as well as upgrades and available financing, it’s imperative to remember that those reps are still contractually obligated to place the interests of the builder first.  Therefore, in order to be sure that your total wellbeing is given priority, buyers should seriously consider utilizing the services of an experienced Realtor who can make sure their wants and needs are placed at the forefront of the deal.

While you may think that you can easily go forth without an agent, especially in the hopes that the builder will negotiate the 3% agent fee back into your pocket, the reality is that they’ll probably keep it unless you have the representation of a Realtor who can research how much negotiating can be done.  Without this outside assurance, chances are good that you may find yourself over paying for your property.

FIDUCIARY RESPONSIBILITY.

Real estate transactions involve a good deal of paperwork and legal considerations which can be difficult to navigate if you are not completely sure how the process should work.  If you’re making the decision to spend hundreds of thousands of dollars on a home, you need to make sure that someone is looking out for your best financial interest.  A Realtor will not only be contractually obligated to protect you, but can help you navigate the various clauses, riders, and upgrade options embedded in the final new-construction contract.

SMOOTH NEGOTIATION PROCESS.

Part of the buying process involves the negotiation of terms, upgrade options, and closing costs, as well as selecting the best financing for your needs.  A Realtor will be able to present other attractive options for financing or will be able to work directly with the builder’s lender to secure a better rate for your mortgage.

A GUIDING HAND FROM SEARCH TO CLOSE.

From here, it’s important to remember that buying a new home is more than the fun process of selecting your finishes and signing on the dotted line.  It also involves everything from working with title companies to attending numerous inspections, so it’s worth having a Realtor on your side who can manage the overall process and ensure you’re not missing anything before the home is completely yours.

Therefore, if you’re in the market for a new home and would like some help navigating the waters, I’d love to make my services available.  Please call me for more information or to set up a meeting.

Marie Dinsmore | The Dinsmore Team | www.DinsmoreTeam.com | 770-712-7789

Simple Reasons Why Great Agents are Vital to Sellers

iStock_000018444654Small_SignPapersWhether you’ve sold a home in the past or are considering doing so in the near future, chances are good that the thought, “Come on, how hard can it be to sell on my own?” has crossed your mind—especially if you live in an area that has a high buyer demand.  Even so, while it may be tempting to play seller and real estate agent, it’s possible that you may have overlooked a few real estate challenges.

At the end of the day, real estate agents have a significant job, so it’s important to understand why agents prove to be indispensable during the selling process.

  1. Exposure.  A great agent is an expert at marketing, which means they will have the experience and know-how to help you not only increase your home’s exposure, but to market it in a way that will appeal to a wide audience.
  2. Outside Perspective. Sure, you may love your home and appreciate its quirks; however, a good real estate agent will bring a sense of objectivity into the equation.  While you may overlook your home’s imperfections, it’s important to remember that most potential buyers will not, so heeding the advice of a solid agent can make all the difference.
  3. They Handle All Showings. Whether you’ve already moved out or you’re simply dealing with a chaotic work schedule, an agent will be able to show your home to prospective buyers and answer their questions as needed.
  4. Market Awareness. Plain and simple, a great agent will not only be familiar with the area, but have access to an abundance of current market data regarding pending and recent sales.  While it’s completely reasonable to expect top dollar for your home, most agents understand that accurately priced homes tend to sell quicker than those that are priced too high.
  5. Negotiation Skills. While some people truly enjoy negotiating, many people find it to be a stressful experience.  Therefore, sellers with a real estate agent will find themselves in a great position because their agent can help secure a contract that will get them the most money.
  6. Legal Knowledge. It should come as no surprise that real estate transactions involve a long list of state and federal legal requirements, which can catch up with a seller if they decide to market their home without a reputable real estate agent.  To avoid legal trouble, an agent will help prepare the necessary disclosure documents and make sure that all of the seller’s paperwork is filed correctly.

If you’re considering selling your home, I offer free no-obligation consultations and would love to help you get the ball rolling!  Please contact me for more information.

Marie Dinsmore | The Dinsmore Team | www.DinsmoreTeam.com | 770-712-7789

Why You Need a Realtor

RealtorWithClients-wide8Right off the bat, I understand that having a licensed Realtor write a blog about the reasons you should hire an agent may seem like a conflict of interest; however, I entered the complex world of real estate specifically because I believe that all current and future homeowners deserve to have someone in their corner when attempting to navigate the often confusing process of purchasing a home.

Plain and simple, with the over-abundance of technology flooding our consciousness every day, it’s no secret that searching for the perfect house has gotten easier.  Right at your fingertips, there are thousands of homes with details about everything from neighborhood locations and prior purchase dates, to photos, virtual walk-throughs, and a variety of builder specifics.  Gone are the days when you would have to spend hours driving through neighborhoods while collecting home fliers and scheduling dozens of showings—today, your access is instant.

Still, there’s a tried-and-true saying that is extremely pertinent in today’s market and it helps explain my list of reasons why you should hire an agent:

“Keep calm & let a Realtor handle it!”

1.)  APPRAISERS – When it comes time for an appraiser to look at your home, it helps to have someone who can run interference and provide them with the comparable sales which were used to determine your home’s proper listing price (this is especially helpful if the appraiser is not familiar with your neighborhood).

2.) BRING EVERYONE TOGETHER – While you may not realize it, closing on a home requires a lot of parties to be on the same page—from the loan officer, inspector, and appraiser, as well as the buyer’s Realtor and closing attorney—which means a lot of behind the scenes work will need to take place before everything is settled.  If you don’t want to see your deal fall apart before closing, it’s important to understand that a Realtor will keep things running smoothly.

3.) THEY KNOW THE MARKET – When it comes to getting a fair property price, a Realtor who understands the area is imperative so you don’t wind up overpaying for a home.  Plus, when it comes time for those nerve-wracking negotiations, an experienced agent will be able to fight on your behalf.

4.) SERVICE RECOMMENDATIONS – One of the great things about Realtors who have been in the business a while, is that they have a wealth of information about a myriad of service providers.  From contractors and painters, to roofers, landscapers, and electricians, your odds are good that a Realtor will be able to send honest, good providers your way.

5.) GREATER ACCESS – Sure, the internet will help you see some of what’s available; however, to truly gain access to the listed homes in your area, you’ll need a Realtor.  Otherwise, while you may be able to peruse “For Sale by Owner” homes on your own, it’s also important to note that those owners are NOT obligated to use sales contracts or disclosure forms (which protect you as the buyer) upon closing.

6.) CUTTING ACROSS STATE LINES – If you’re looking to move to another part of the country, a Realtor is imperative, especially if you aren’t familiar with where you’ll be heading.  Instead of worrying about the unknowns, a local agent will be able to take note of adequate neighborhoods, schools, shopping venues, etc.

7.) EXTENDED REACH – If you’re considering listing your home on your own, it’s important to remember that this may drastically limit your pool of buyers.  Realtors have an abundance of networking, advertising, and marketing resources at their disposal, so your home will sell that much faster.

In the end, an important bonus of working with a Realtor is that they will be there AFTER your sale is complete.  It’s only natural for questions to arise weeks—or even months—after you sign those papers, so if you’ve been working with an agent, you can rest assured that you’ll never be left in a lurch.

If you’re looking to buy or sell your home, or if you simply need some advice about the current market in North Georgia, I would love to be of service to you.

Marie Dinsmore | The Dinsmore Team | www.dinsmoreteam.com | 770-712-7789

 

Neighborhood Highlight: Ruth’s Farm – Alpharetta, GA

TPG_logo
12722790Developed through a partnership between The Providence Group and KM Homes, this spacious, upscale neighborhood provides elegant single-family homes starting in the low $600’s.
Each executive style property features all-new designs with standard three-car garages and four-sided brick or stacked stone exteriors; however, buyers also have the freedom to customize their home with an assortment of options, to include third level retreats, covered porches, two-sided fire places, media rooms, bonus rooms, sun rooms, and basement home sites.

Brentwood-Family-Roomw-300x212Currently, Fall move-in dates are being offered and the new Providence Group Design Center is available to help buyers select their interior design options once they’ve settled upon one of our models that range from 3,400 to 5,292 square feet, or four to six bedrooms.

Located just off exit 10 on 400, the division is within walking distance to Milton High School and provides easy access to Atlanta, Northpoint Mall, an assortment of upscale restaurants, and Lake Sydney Lanier.

Ruth’s Farm Schools:

Crabapple Crossing Elementary

12775 Birmingham Highway

Milton, GA 30004sitemap

770-740-7055

Northwestern Middle School

12805 Birmingham Highway

Milton, GA 30004

770-667-2870

Milton High School

13025 Birmingham Highway

Milton, GA 30004

770-740-7000

 

Marie Dinsmore | The Dinsmore Team | www.dinsmoreteam.com | 770-712-7789

So, What Exactly is the Fair Housing Act?

My-interracial-nuclear-familyWhen it comes to real estate and most forms of housing, the Fair Housing Act creates a blanket of sorts that envelops those looking to purchase or rent a residence.  In essence, while there are still stipulations, race, color, national origin, religion, sex, familial status, or disability cannot be a deciding factor in things such as refusing to rent or sell housing, set different terms or conditions, or deny a dwelling.

Dating back to the 1960’s, the large political movements pushing to outlaw discrimination also set their sights on a broad range of housing transactions—to include mortgage lending, advertising, zoning, and homeowner’s insurance.  Termed fair or open housing, President Lyndon B. Johnson urged congress to finally pass the federal Fair Housing Act, which sought to create a cohesive housing market in which a person’s look, culture, or background would not limit their access to property.

WHAT IS PROHIBITED?

In the sale and rental of housing, no one may take any of the following actions based on race, color, national origin, religion, sex, familial status, or disability:

  • Refuse to rent or sell housing
  • Refuse to negotiate for housing
  • Make housing unavailable
  • Deny a dwelling
  • Set different terms, conditions, or privileges for sale or rental of a dwelling
  • Provide different housing services or facilities
  • Falsely deny that housing is available for inspection, sale, or rental
  • For profit, persuade owners to sell or rent (blockbusting)
  • Deny anyone access to or membership in a facility or service (such as a multiple
  • listing service) related to the sale or rental of housing

In mortgage lending, no one may take any of the following actions on the basis of:

  • race, color, national origin, religion, sex, familial status, or disability
  • Refuse to make a mortgage loan;
  • Refuse to provide information regarding loans;
  • Impose different terms or conditions on a loan, such as different interest rates, points, or fees;
  • Discriminate in appraising property;
  • Refuse to purchase a loan; or
  • Set different terms or conditions for purchasing a loan

Individuals who feel that they have been discriminated against in the housing process can lodge a complaint with HUD’s Office of Fair Housing & Equal Opportunity (FHEO), where the issue in question will be forwarded to the state; however, it’s important to note that local agencies will be investigating the case instead of FHEO.

If you have any questions, I would love to be of service.  Please do not hesitate to contact me for assistance.

Marie Dinsmore | The Dinsmore Team | www.dinsmoreteam.com | 770-712-7789

Community Resources

WELCOME

2019 Welcome Services

The Dinsmore Team has created this handy guide for both Buyers and Sellers. The guide lists trusted service providers that we use personally and professionally. The providers listed service the Forsyth and North Fulton County areas.

2014 Complete Guide to Moving

This 20-Page Guide will be your comprehensive source for selling your home and planning your move. It includes tips for getting ready to sell, planning your move, packing and transitioning into your new home.

2014 Home Owners Tip Guide

This 20-Page Guide will help you develop an annual maintenance schedule for your home's systems and appliances to help you avoid bigger problems by taking care of them while they are small. It's also a great resource for trouble shooting malfunctions on your own, saving you time and money.


utilities

Looking for a fast way to connect all of your utility services online? Try Connect Utilities.

Please let us know if there are other resources you'd like to see.

Marie@DinsmoreTeam.com

770-712-7789