Tag Archives: Selling Your Home

Why Now Might be the Best Time to Sell Your Home

Trying to decide when is the best time to sell your home can be tricky, but also is determining the final profit on your home.

Here is some information to help you make that decision.

  • Home prices are trending upward. According to Georgia Realtors, home prices from 2018 to 2019 increased by 3%. Prices are looking to trend even higher for 2020. That is good news for the seller, but if you are also buying, it’s another consideration.
  • Housing markets are low. When the housing inventory is low, buyers tend to contemplate all options in the market area and make quick offers. This is good news for sellers because it often leads to bidding wars in attempts from buyers to get the best house in the area.
  • Homes are spending less time on the market. As with inventory being low, buyers are acting fast. The average time on the market in 2019 was 56 days. That was a 5% decrease over the previous year’s statistics.

So, are you still trying to decide when is the best time to sell?  Still wondering what your final profit might be? We can help with that. We are now iRep certified.  What does that mean? We can test the market for you without doing a formal traditional listing. We can help you receive cash offers on your home and a retail market valuation in 48 hours. Then you can decide whether or not to accept the offers or go the traditional route of selling your home.

The time is right. All the pieces are falling into place. With increased housing costs, lower inventory, and fewer days on the market, now is the best time to sell a home.  Let the Dinsmore Team help you through the process.

How to Sell Your Home before the New Year

ddfIf you’ve been trying to sell your home with little success, you may be feeling a bit of angst over the approaching winter months.  As most buyers and sellers are aware, the peak selling season for real estate happens during the spring and summer; however, while most industries tend to slow a bit during the holiday season (unless we’re speaking about retailers), the cooler temperatures are not an automatic death sentence for your home.

Plain and simple, there are some definite advantages to selling your home during the fall and winter, especially if you account for the fact that the internet knows no boundaries—or rather, no seasons.  Just as you’re reading this blog online, there are hundreds—if not thousands—of potential buyers utilizing the internet to search for their next home in your area.

With that being said, as the holiday season approaches, we generally become a bit more bogged down with family functions and travel plans, which certainly puts a limit on the amount of spare time we have in our schedules.  Hence, as a seller, it’s worth remembering that a large number of the house hunters on the market from October through January are serious about their desire to find a new home.  When most of us would simply put a halt to the buying process until life slows down after the New Year, dedicated buyers will stay the course.

From here, when it comes to showing your house and making it look as appealing as possible, you simply cannot go wrong with the warmth of holiday decorations and the emotional pull of strings of lights and freshly baked cookies.  Long-story-short, buyers tend to make home purchases based upon emotion, especially when they can envision their life within your home, so there’s no better time to make an emotional connection with your buyers than during the holiday season.

Still, if you’ve reached a point where selling your home is simply what needs to be done regardless of the season, then there’s really no reason to apply the brakes simply because the temperature has taken a dive.

Therefore, if you’re serious about selling before the end of the year, I can help.  With consistently high sales numbers and one of the most recognizable names in the Forsyth County real estate market, I know how to make the holiday season work for you.

Please contact me for more information.  I’d love to hear from you.

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

Difference between a Real Estate Agent and a Realtor

iStock_000000849291_Large1If you’re looking to buy your first home, chances are good that you may not have had a lot of prior experience in the real estate market.  Aside from the fact that the entire prospect of purchasing a home is daunting to most people, it can be even more confusing if you are not sure of the differences between a standard real estate agent and a REALTOR.  While it’s common to use both terms somewhat interchangeably, there are actually variances between the two titles that separate them from each other.

Yes, both are licensed to sell real estate; however, one is a member of the National Association of REALTORS®, which means they are bound by the REALTOR® Code of Ethics.  As a consumer, it’s not surprising that you may be wondering what this means since the idea of a code of ethics is somewhat arbitrary, but it’s important to note that the code which bounds each member of the National Association of REALTORS® is strictly enforced.

In short, The Code contains 17 articles, as well as certain Standards of Practice that bind REALTORS in a way that does not impact individuals who simply hold a real estate license.  While it’s impossible to guarantee that all REALTORS will adhere to the standards at all times, The Code exists as a way to regulate and require ethical behavior.

While it should be noted that this in no way means that non-member real estate agents fail to be ethically-minded, it’s important to realize that most REALTORS take their promises very seriously.

To help aid in your understanding, the 17 REALTOR promises are as follows:

  1. Pledge to put the interests of buyers and sellers ahead of their own and to treat all parties honestly.
  2. Shall refrain from exaggerating, misrepresenting or concealing material facts; and is obligated to investigate and disclose when situations reasonably warrant.
  3. Shall cooperate with other brokers / agents when it is in the best interests of the client to do so.
  4. Have a duty to disclose if they represent family members who own or are about to buy real estate, or if they themselves are a principal in a real estate transaction, that they are licensed to sell real estate.
  5. Shall not provide professional services in a transaction where the agent has a present or contemplated interest without disclosing that interest.
  6. Shall not collect any commissions without the seller’s knowledge nor accept fees from a third-party without the seller’s express consent.
  7. Shall refuse fees from more than one party without all parties’ informed consent.
  8. Shall not co-mingle client funds with their own.
  9. Shall attempt to ensure that all written documents are easy to understand and will give everybody a copy of what they sign.
  10. Shall not discriminate in any fashion for any reason on the basis of race, color, religion, sex, handicap, familial status, or national origin.
  11. Expects agents to be competent, to conform to standards of practice and to refuse to provide services for which they are unqualified.
  12. Must engage in truth in advertising.
  13. Shall not practice law unless they are a lawyer.
  14. Shall cooperate if charges are brought against them and present all evidence requested.
  15. Agree not to bad mouth competition and agree not to file unfounded ethics complaints.
  16. Shall not solicit another REALTOR’S client nor interfere in a contractual relationship.
  17. Shall submit to arbitration to settle matters and not seek legal remedies in the judicial system.

If you’d like to learn more or are interested in buying or selling a home, I’d love to show you what makes REALTORS so great.  Please feel free to contact me at my direct number below.

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

How to Decorate Your For-Sale Home at Halloween

decoracion-de-halloweenOne of the most important aspects of marketing your home involves the removal of clutter.  Plain and simple, buyers want to see a blank canvas of sorts, where they don’t have to look past piles of magazines and clusters of family photos to see your beautiful counters, etc.  Disorganization and chaos can be a deal breaker, so when it comes to working towards a sale during the Halloween “season,” you don’t want to put up an abundance of holiday decorations after you’ve spent time making your home as ordered and neat as possible.

That’s not to say that buyers don’t love the look of rich fall flowers and beautiful orange pumpkins.  Most will appreciate seasonal touches that bring warmth into your home; however, no matter how much you LOVE prepping for and celebrating Halloween, it’s important to temper the compulsion to turn your home into something akin to the Adams’ family manor.

When selecting the right decorations, don’t forget to factor safety into the equation.  Halloween means trick-or-treating children, so make a point to keep your walkway clean and well-lit.  From there, while you may pride yourself in the spooky graveyard that resides in your front lawn each year, you may want to hold off on adding the tombstones until next October—at your new home.

Remember, fall flowers, not zombies.  Hand-made wreathes, not cob webs.  Orange ribbons, not fake blood.  If you follow these rules, then you also won’t be stuck in a position where you have to scramble to take everything down on November 1st.  Fall flowers and pumpkins are suitable for Thanksgiving as well.

If, however, you find that you simply MUST put up scary decorations or go-all-out with the witches and ghosts, their time on display needs to be minimal at best—think October 30th-November 1st or 2nd.  Your goal this year is to attract buyers, so keep that in mind if you find yourself feeling a bit restrained.

There’s always next year!  If you have any questions or would like some information about listing your home during the autumn season, I would love to help.

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

The Future: Selling Your Home Online?

the-edrms-new-computer-assisted-review-reference-model-explainedYears ago, before the dot-com era really took off, I remember laughing as companies started listing their web addresses at the end of each commercial.  I simply couldn’t believe that all of these businesses were getting online and when it came to being able to actually make purchases with the click of a button, I was amazed.

In the 15-20 years since then, we’ve watched as the world has changed into a connected web of physical storefronts and virtual corporations.  As we’ve gained the ability to be online at any time, we’ve found ourselves trying to balance the good with the bad.

In regards to the real estate industry, the internet has made it easier for consumers to not only look for homes, but to engage with agents and other professionals without leaving the house; however, a line has always been drawn between finding a home online and actually purchasing a home online.  Generally speaking, the brick and mortar business of real estate—with real estate agents at the helm—continues to be the norm.

Still, according to a recent CNBC article, the U.S. market may be primed for a new wave of online-only real estate agents who have found success in the U.K.  Companies like eMoov and HouseSimple have gained a footing through streamlined systems which allow them to charge lower fees for selling a home.

However, after speaking with the National Association of Realtors, the article’s author was told that Americans should be leery of making the transition into a purely digital real estate market, especially since purchasing a home is a lot more complex than “clicking ‘buy’ on a website, like you’d do when purchasing an airline ticket.”

They also make a point to stress the fact that while online companies may save sellers money, they are lacking in their ability to fully understand local markets and will have a hard time helping consumers navigate each step of the transaction process.

At the end of the day, the U.S. real estate industry is all about forging personal connections and providing personal attention.  Utilizing the services of an agent who not only has knowledge about the buying and selling process, but the local area is important if you’re hoping to get the best deal possible.

Yes, the internet has a unique affinity for making things simple when it comes to purchasing a product from anywhere in the world; however, how easy is it to make contact if you have an issue with that product once you’ve purchased it?  The problem with the impersonal nature of dealing with online corporations is that you’re doing business with people who have no real ties to you, your life, or your community.

The vitality of a local real estate agent is often based upon personal referrals, which means your best interests remain the primary concern.  This will not be the case with an online-only agent or company, so it’s worth questioning whether you want to place $200,000+ to someone who has no real ties to your life.

At this point in time, the U.S. market has yet to see a rise in these types of companies, but the wave is coming and homeowners need to be prepared for what types of changes they can expect to see within the industry.

If you’re looking to sell your current property or are on the hunt for something new, I would love give you the personal attention you deserve.  Please contact me for more information.

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