The Sandberg Team @ Coldwell Banker Vanguard Realty
Real Estate Sales & Service in Nocatee, Ponte Vedra & Jacksonville, Florida
As the world continues to adapt to the pandemic, home buyers and sellers are doing the same. We’ve already seen real estate agents pivot to more virtual showings and virtual tours. But, ultimately, buyers will need to see a home they hope to purchase in person. Which means sellers must be ready to open their homes to strangers, which can feel counterintuitive during these times.
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The coronavirus is having a big impact on real estate–and every other industry–around the world. What’s happening locally, here in northeast Florida? Let’s take a look at a few current data points that help tell the story.
Suspending Open Houses
realMLS, our local Multiple Listing Service (MLS) here in northeast Florida, is temporarily disabling the Open House feature in our MLS system. This means open houses will not be officially marketed via MLS, nor will they automatically appear on syndicated websites such as Zillow, Realtor.com, this website and the like.
The coronavirus has given us all a stark new reality, for a while, at least. And while we’re all hunkered down working from home and avoiding any unnecessary errands/travel, what do you do if you need to buy a home in the near future?
Search for homes with virtual tours.
Not just any virtual tour, however. Many of the tours you’ll see online are simply slide shows of still photos, with a zooming and panning effect applied. Some tours, however, are more immersive in nature, providing a 360º view of rooms in the home, as well as “hot spots” you can click on to take you to the next room…a great way to get a feel for the flow of a home.
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Closing costs are additional fees associated with selling real property. Fees include things like deed stamps (essentially, a tax on the value of the property), title insurance, appraisals, courier fees and the like. Both buyers and sellers have closing costs they will need to pay, and those costs can range anywhere between approximately 2% and 6% of the sale price.
Fortunately, there are a few things you can do as a seller to reduce your closing costs:
[Read more…]Silver bullets are hard to come by in any industry. And real estate is no exception. There’s no one tactic that will always lead to a sale.
Sellers can be, let’s say, unreceptive, to this fact, however. They may have been told by a friend, co-worker, relative or neighbor that, “If your agent would just do X, you’ll have your home sold in an instant…worked for me.”
And, maybe it did work for them. But their house is not the same as your house. Their neighborhood is not the same as your neighborhood. Their pricing strategy & motivation is not the same as your pricing strategy/motivation. The market then, is not the market now. And so on and so on…
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