When it comes to real estate, some things cycle in and out of fashion. In fact, when we’re talking cabinet color, floor plan style, carpet versus hardwood, and those sorts of considerations, changing tastes are to be expected. But look a little closer, and you’ll see that some things actually do stand the rest of time (and it ain’t carpet). Here are 25 real estate evaluation fundamentals that are as true today as they were a decade ago. And hint …
Month: October 2021
Trading up from a smaller, less expensive home to a bigger, pricier home can be tough in a seller’s market. While selling for a 10% premium on your $500,000 is great—$50,000!—paying that same premium on the new $1 million property can be tough to swallow. Many simply can’t afford it, but what’s worse is that many only think they can’t afford it. And that’s where the advisory role of an experienced real estate agent comes in handy. By the Numbers …
Once upon a time, real estate agents sent mailers to homeowners with a headline that had some version of, “What’s your home worth?” It’s a pretty powerful question, because the answer is typically the information that a homeowner wants to know above all else—and only an agent could provide it. To further entice the homeowner, these mailers typically offered a free, no-strings-attached evaluation, opening the door to the kind of dialogue that would often result in a listing. Fast forward …
When it comes to real estate, there are no shortage of predictions. But in spite of a desperate desire to know what’s coming, and various methods employed over thousands of years, the fact remains that even the very smartest people get it wrong, again and again. But that isn’t even the biggest issue. Here’s the real problem with real estate predictions. What to Remember No one has a crystal ball, and even the most educated guesses are just that—guesses. If …
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