By Matt Glentzer from RE/MAX Evolve
Hello everyone! In case you haven’t noticed, the real estate market is HOT!! What does that mean for home buyers and sellers?
Hot Market Advice for Sellers
If you have ever considered selling your home, now is the time to contact a Realtor for advice. More than likely, we will have a list of potential buyers for your property. Current market conditions currently consist of low inventory resulting in higher resale values. Your house is probably worth more than you think!
Be prepared to “pay” some closing costs for your potential buyer. This does not mean you will be paying out of pocket during the transaction. You will be giving a credit at closing against your bottom line. This typically results in selling at list price or higher.
Hot Market Advice for Buyers
If you find a home you like, please take the advice of your Realtor on what to offer. The days of a “low ball offer” are over.
Most loans allow the seller to issue a credit to the buyer to offset the buyer’s closing costs. This reduces the seller’s bottom line, so if you ask seller to issue a credit, be ready to offer close to or what they are asking for the home.
Ask your Realtor to set up an online search for you based on what you are looking for in a home. When you receive an email about a home you are interested in, contact your Realtor immediately, even if it is at 2:00 AM! We are always working and will do our best to get you into a home ASAP.
Matt Glentzer – REALTOR®
112 S. Meridian
Winchester, IN 47394
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