Tuesday, March 6, 2018

5 Ways A Realtor Makes Buying A New Home Easier

A DYI house hunting project may seem like a good idea at first. You have a few ideas of what your dream home should be, so you decide to enlist a friend who knows your personality, your style, likes and dislikes, etc. You have a camera and measuring tape in hand, comfortable shoes on, but it dawns on you that you don’t really know where to start.

Buying a new home can get very emotional and challenging to say the least. It helps to have a realtor working on your behalf to simplify the process and to answer some tough questions that often surface. Consider the following ways a realtor can make buying a new home easier for you:

Neighborhood Knowledge

No one knows a local area better than a realtor, whom among other things, has reliable pricing information, they know why a neighborhood has a high distressed rate including neighborhoods that can suit your price range. Only a realtor can narrow the focus to the top two or three homes for you to consider within minutes.

Code of Ethics

If your realtor is a member of the National Association of Realtors (NAR), he or she will make a full disclosure of any problems with a property and be truthful when advertising it. They know that giving you false or misleading information when you are trying to buy a new home may lead to a hefty fine and a year’s suspension or a three-year expulsion from the association.

Finding Available Homes

Some homeowners want to sell their property privately due to financial difficulty, health issues, or from a divorce matter that needs privacy. Such homes are rarely advertised on websites, and sometimes they sold for a lot less. Working with a great realtor can give you access to homes you might otherwise miss on websites.

Pricing Expertise

Realtors have the experience to know whether a specific home is overpriced or underpriced. They can provide you every relevant information on all the houses on sales that you want to see and will advise you on how well a neighborhood holds its value through their years of carrying out various transactions in different neighborhoods.
Assessing Repairs and Handling Paperwork
Once you have your eyes set on a home, a realtor can recognize a few things that you may not see that need upgrading or repair and they can recommend a reliable home inspector who will provide a detailed report on problems with the house before you make an offer. They are also able to help you determine which of the repairs are worth spending money on and which you can comfortably live with.
A realtor will save you a lot of time and headache of finalizing all the necessary documentation. Thanks to their years of experience, they know the paperwork inside and out, and they remain levelheaded in tough negotiations.
Learn more about C21 Lady of the Lakes Realtors and the numerous services they offer including: buying a new home, selling a home, or renting a home at www.ladyofthelakes.com.  To contact one of our real estate agents call 734-426-6060 today.

Wednesday, February 21, 2018

Nine Questions to Ask Before Buying Your First Home

Buying your first home can be as exciting as it is demanding. Home ownership is a huge part of the long-term goals of many individuals especially as it provides much needed space for growing families. However, it is important to give this plan some thought as there is no time given to “think about it” after the purchase and there is no refund policy for you too. Hence, you must ask yourself the right questions, so you do not end up making costly mistakes. Here are nine practical and important questions you must ask yourself before you buy a home.

Why am I buying a Home?

This is arguably the most crucial question you must ask yourself as it is vital before you begin considering your options. Do you wish to buy and rent it? Are you going to live in it? Finding answers to these questions will help you determine the size of house that you would purchase and the loan structure that best suits the purchase.

What are your Long-term Career Plans?

Although you may have factored in the financial implications of a home purchase and consider yourself ready to buy a home, your career path may be an obstacle. If there is a chance you could be transferred from your current office location in the next few years, it may be ideal to reconsider your options.

What Kind of Neighborhood do you desire?

While your current situation – nature of job and age could play a big factor in deciding your choice of neighborhood, you might want to consider other factors such as the ease of access to public parks, the quality of local schools, and any other relevant environmental factors if you are thinking about starting a family in few years.

What is the nature of the house?

It would be near impossible to get the perfect house upgrade. The beauty of the wood floors or the amazing nature of the bay window may seem attractive, but you must really take a hard look at how outdated the apartment is and how much time you would invest if you engage in DIY projects yourself. This will help you avoid purchasing a home you could regret in future.
How much Utility can you reasonably afford?
Although your usage will largely depend on your family size, identifying the utilities you need to pay, and all the costs associated with moving into a potentially larger home will help you in making a wise decision.
Are there any environmental issues in the neighborhood?
Look out for any polluted sites in the area that may contain hazardous materials or any other contamination that could lead to emission of unhealthy fumes. You can make use of the Environment Protection Agency website to identify such areas.
What is the Security Situation?
You may be satisfied with the nature of the house and the local schools; however, you must consider the security of the area. In many cases, realtors may not inform you about every detail concerning the crime rate and overall security situation of the area. It is recommended that you contact the local police, ask for relevant security statistics and decide.
What would your Work Commute look like?
Have you found the perfect house already? Your work commute in the morning and evening should play a big part in your decision and if you find out you cannot bear the commute; the house is not one for you.
What is the Condition of the Drainage?
It is understandable for you to fantasize about the patios and visually pleasing lawns. However, the gutters are usually expensive to take care of when there is a problem. When it rains, does water pour over the gutters? Are there functional gutter guards in place? What is the proximity of the water emptying system to your house? These factors are crucial as you take that big step.
Learn more about C21 Lady of the Lakes Realtors and the numerous services they offer including: buying a new home, selling a home, or renting a home at www.ladyofthelakes.com.  To contact one of our real estate agents call 734-426-6060 today.

Thursday, February 8, 2018

What your Buyer’s Agent Will Do for You

Are you considering the purchase of a new home?  Buying a home is never a simple task.  In order to purchase a home there are a number of elements that go into it.  One thing for sure is that you must have the cooperation of the individuals currently in possession of the home you are looking to buy.  Usually sellers have listed their homes with a seller’s agent as they are looking to find a buyer, so this part is usually a fairly simple part of the process.

Buying a house can be a very taxing and time-consuming process.  It can end with its fair share of problems as well if you don’t choose the right buyers agent.  To decrease the stress that comes along with the buying process, hiring a buyer’s agent is what you need to do. A good buyer’s agent ensures that you buy a house at the best possible price and with minimal exertion.

What does a buyer’s agents do?

Agents are essentially the main broker in such operations and deal in every aspect based on their client’s wishes. Hence, agents must have a great knowledge of everything related to houses, including marketing trends, street smarts, and thorough information about all the areas with houses for sale. Agents are the ones to initially advise you about the kind of property you should look for based on your wishes. After that, the buyer’s agent looks for houses meeting the requirements that their clients have expressed.

Real estate agents must have thorough knowledge of all the locations in which houses are for sale and must have a grab of the market trend prevalent in those areas. While dealing with the sale of the property, the agent is the one who talks and deals with the owners of the property, while representing the wishes of their clients. It is a buyer’s agent’s duties to make sure their client purchases the house they want at the best possible price and with the least hassle.

What you should expect?

It is important that buyers work with reputable agents since agents get a cut out of every single successful deal, they may often try to swindle you by brokering deals without disclosing all the details to you. Worse, agents might end up cheating you out of all the money you are entitled to with charges they might not have told you about before. Not all buyer’s agents are like this, with many being honest and highly efficient at their work. It is your job as the buyer of a home to find an agent that is dedicated to your needs.

Finding the Best Agent

It is necessary to hire the best possible real estate agent you can find. It is advised to always look for agents or real estate agencies that have a very good reputation in the market and a good reputation with previous clients. You need to thoroughly search for the real estate agent that works best according to your needs. Often you can easily tell the intentions of any agent at the very first meeting if you go with the intention of judging them. Many real estate deals end up in legal battles because of agent discrepancies, so make sure you buy the best possible buyer’s agent. A good buyer’s agent makes sure that you buy a house at the best possible deal while feeling the least stress during the process of buying a house.

Learn more about C21 Lady of the Lakes Realtors and the numerous services they offer including: buying a new home, selling a home, or renting a home at www.ladyofthelakes.com.  To contact one of our real estate agents call 734-426-6060 today.

Wednesday, January 24, 2018

Are You Cut Out For Real Estate?

According to the Top National Workplaces survey, real estate was the second happiest industry to work in 2016, and most people tend to agree with these findings. Imagine making a living by looking at houses all day long, having more wiggle room in your schedules than other professionals, where you are in a nutshell, self-employed, you are free to set your working hours, and your salary has no cap.

Qualities To Have As a Real Estate Agent

Real estate professionals have the propensity to inspire trust thanks to their excellent communication skills. They are not only sensitive and mature, but they also can give and receive constructive criticism and feedback, all the while staying calm during a crisis. What’s not to love about this line of work?

Mastering tactics to get more real estate listings, listing leads, and ultimately more money in real estate can prove challenging to a novice let alone a savvy realtor. The idea is to nurture potential buyers along and get them excited about the prospects of owning a home.

There are three known types of real estate listings:

1) Open Listing – allows a homeowner to sell his or her house by themselves and only pay 1 ½ of the selling broker's commission
2) Exclusive Agency Listing – while the owner can still assert their rights to self-sell their home, in some cases the owner pays a broker to represent them
3) Exclusive Right-to-Sell Listing – this listing is the most commonly used ways where the broker has the exclusive rights to earn a commission by representing the owner and bringing potential buyer
While listing agreements are negotiable, the most common terms and conditions in regards to the length of listing can range from 30 days, 90 days, six months, one year or more. Selling commissions can be dictated by how fast a homeowner wants their house sold.

However, it is advisable that if the owner wants the agent to generate buzz and attract potential buyers, then he or she must up the total commission. The owner and real estate agent must also agree on the conditions of contract cancellation and expiration. All monies owed to the broker must be paid in full, and the broker should be willing to let the owner cancel the contract at any time if they (the homeowner) are is not satisfied with the overall real estate listing process or with the broker's services.

The following are various ways that one can get potential real estate listings:

  • Partner with local banks, builders, mortgage providers, plumbers, electricians, marriage counselors, or dentists. They always have a good lead
  • Start advertising your services online
  • Send for sale by owner (FSOB) mail to your client list
  • Checkout vacant, inherited, or divorce homes. Unless an inherited home is in a pristine condition, most people do not want to incur renovations or building cost and are looking for a quick sale. Additionally, most divorcees that list their homes is because they are mandated to do so by the judge to sell their property
Learn more about C21 Lady of the Lakes Realtors and the numerous services they offer including: buying a new home, selling a home, or renting a home at www.ladyofthelakes.com.  To contact one of our real estate agents call 734-426-6060 today.

Thursday, January 4, 2018

The Advantages of Selling Your Home Using a Real Estate Agent

Do you own a residential property that you are looking to sell? Have you searched for buyers around you? Have you seen that it is not so easy to close a real estate deal on your own? Most homeowners that try to sell their homes one their own end up selling their house for a lower price from the value that it deserves. It is important to take help from professionals to complete this process as they know the right tactics to close the sale with benefit.

You might have overlooked the importance of having real estate professionals for selling your home; but here are few essential advantages to hire them.

Priced Right

The house selling process takes a potential turn when it begins with a reasonable asking price. The real estate agent can help you to stay up to date about property price variations happening in the local market so that you can set a strong selling amount for closing potential deals. Also, to improve the value of your house, the realtor may suggest few repairs and improvements in the space. This significant contribution can help you to sell your home at a beneficial price.


The next important step for selling a house is a strong marketing plan. If you focus on the right market with a strong marketing strategy, you will find more buyers for your property and then it will become easier to close deals at a beneficial price. The expert real estate agents make use of multiple real estate listings along with cooperative marketing networks; they can help you to reach up to more people.


When properties are sold without real estate agent; they often face troubles on security criteria. You may find strangers at your doorstep and it is risky to let them enter inside to view your property. But when you hire real estate agents for your home selling process, buyers come from right channels. These experienced sellers will help you to get qualified prospects for your property to lead the process safely.

Expert Knowledge

An expert real estate agent can help you to evaluate buyer’s proposal as per market position. Homeowners often find it difficult to negotiate the price point with buyers due to lack of knowledge about market prices. An expert agent can stay with you from the beginning of the process until you sign the final sale agreement. He will fight the whole case on behalf of you and will bring the best value to your pocket.
The home selling process involves lots of paperwork and it must be done carefully. To complete everything safely, it is good to hire professional real estate agent as they know the right procedures to close the deal. They will handle all the paperwork for you without making any mistake and you will be able to get your money on time.

Learn more about C21 Lady of the Lakes Realtors and the numerous services they offer including: buying a new home, selling a home, or renting a home at www.ladyofthelakes.com.  To contact one of our real estate agents call 734-426-6060 today.

Wednesday, December 27, 2017

Staging Your Home for Resale

A real estate agent will advise that you improve the attraction of your home to make it marketable. This is important if you genuinely want to increase profitability and sell faster. Although staging your home for resale is optional, an experienced real estate company handling the sale of your house will take you the process you need to achieve superb home staging. For this discussion, we will take you through budget-friendly steps to stage your home for resale below.


 The idea of cleaning is to clean up significant items in the hope that a new buyer would like to see if you do not have the fund to buy new ones. Pay particular attention to the kitchen, bathroom, and the balcony. You need to clean up all significant items in these areas. Your real estate agent should advise on other places that need cleaning.

Take out Personal Items & Clutter

Before you remove the clutter the home to get it ready for sale, make sure you remove all your personal belongings to make the house ready for the new buyer. After you removed all personal belongings, you need to remove clutter from the home, remove everything not contributing to the resale purpose. When you remove clutter you free the home of impediment and it gives the impression of larger space to attract prospective buyers.


The primary purpose of sanitizing as a staging process is to rid the environment of offensive odors. Take time to clean up the walls, furniture and scrub the floor and deodorize. The cleaning process would remove strong odor-causing germs and dirt, but you need to purposely disinfect the environment to make it friendlier to prospective buyers.

Rearrange Rooms & Define Space

Unless it’s an open space, you need to rearrange every room where you have the room items in place. Also, describe the purpose of each room and let the things in such room meet the goal it is defined to serve. If necessary, consider painting the rooms that could use some fresh paints in the staging process.
This is not about electric light; we are talking about natural lighting from the environment. A well-lit home also means natural ventilation that promotes good health in the house. As you prepare for staging, take care of broken windows; fix the blinds and all fixtures that promote lighting.
Bring out the Aesthetics
Pay close attention to the curb to boost its look. Buyers are interested in what they see, and if it looks good and convincing, nothing is stopping them from making an offer if the fund is available.
Let the furniture be the perfect size for their space to avoid cluttering the room. The furniture needs to make each room look bigger and not shrinks it. Make sure to use appropriate furniture that befits the environment.
Improve the Exterior
Your home’s exterior is the first point of contact with buyers, so you need to see to it that it’s the best you can offer. A real estate company should suggest great landscaping ideas to make your exterior look perfect.

Before concluding the staging process, it is best to go over every element in the process to ensure a thorough job has been delivered. Allow a real estate agent to reevaluate the home and point out any area that may need additional staging done to it. After that, you are ready for the market.
Learn more about C21 Lady of the Lakes Realtors and the numerous services they offer including: buying a new home, selling a home, or renting a home at www.ladyofthelakes.com.  To contact one of our real estate agents call 734-426-6060 today.

Tuesday, December 19, 2017

How to Sell or Buy a Home In Any Market

Selling or buying a home in any market can be tough if a seller or buyer doesn't pay attention to some basic principles that are followed by both potential buyers and sellers. Being prepared before placing your home on the market, proper preparation and planning for your home selling or buying process reduces stress once the process of showing your home to prospective buyers begins. Whatever decisions you make surrounding the details of home selling, remember, the home has to sell itself. Always make sure that the home displays its value to customers so that they will be willing to give a value that matches the home.

Your Reason For Selling

The most critical component in the whole home selling process is the reason for selling. Why are you selling your home? Is it time to resize your household and move to a larger home? Are you downsizing and looking for lower maintenance living? Are you relocating for employment? Are you selling because you want to or because you have to? This is the key question that you must answer, as it will be the driver for everything else in the selling process. A must sell answer will require a more aggressive approach to the preparation, pricing, and marketing. The want to sell answer can allow for a more laid-back strategy.

Begin Preparation

Preparing a home for sale should be made a priority as soon as you have decided to sell. If you take time to clean and ensure that it is clean, home price can increase and the seller holding time reduces. Today's buyers frequently want a move in ready home that requires as little work as possible. They want to move their personal belongings in, hang their pictures and start enjoying the home as soon as the movers are gone.

Using a Realtor Or Not

Next, a home seller must decide if they are going to use a realtor or sell their home themselves. Both come with a cost. If you don't choose the best realtor in your market area, the one with the hard data available to demonstrate their success in the home selling process, you could be in for a stressful and unpleasant selling experience. When selling the home personally, so that you may save some money, be ready to have enough time and have your patience tested every time a prospective buyer enters your home.

When you decide to sell or buy a home, their various factors that lead to a successful sale. The above three are only the beginning of the items that need to be considered as you move forward with the selling process. Buyers are out there in every market and the planning and preparation you do today can help you get your home sold in the shortest amount of time, for the highest possible price and with the least amount of stress.

Learn more about C21 Lady of the Lakes Realtors and the numerous services they offer including: buying a new home, selling a home, or renting a home at www.ladyofthelakes.com.  To contact one of our real estate agents call 734-426-6060 today.