The Real Estate Market:
It's Time to Sell!
Should I Sell my House?
If you’ve been debating whether or not you should sell your home, the answer is yes. Right now mortgage rates are low, the second week of January showed interest rates of 4.17% compared to 4.4% at the end of 2017 for fixed 30 year rates. There are also fewer than normal homes on the market so there’s less competition! Realtor.com expects modest growth for existing home sales in 2018 with a 3.2% increase in home price appreciation. With the current market, it’s a fantastic time to sell!
How to Sell a Home:
After deciding to sell your home, you must decide how to sell it. Some people opt to market their house themselves in order to save money. Selling a home without an agent takes an immense amount of time and planning; the “For Sale by Owner” (FSBO) strategy is an investment of both money and energy. Balancing a job, a family, and selling a home is extremely difficult! If not done properly, FSBO can be a frivolous undertaking.
In 2015, FSBO homes typically sold for $185,000 vs. $240,000 for agent-listed properties. That’s a $55,000 difference! Imagine selling your home and realizing you could have pocketed $55,000 more? That would be depressing. Carefully consider the possible risks of this method, or use a Mountain Luxury agent; our professionalism and experience contribute to a more successful sale.
Mountain Luxury real estate agents do take commission for their services, usually around 6%. Some agents may take less because they do not put as much time or effort into marketing. Part time agents and hobby agents often ask less for their services. Unfortunately, many times the services they provide are worth far less. Part-time agents almost always have a second job, so their schedules and the client’s may not coincide.
Hobby agents are also not specifically dedicated to real estate, meaning their expertise may be lacking. Real estate is a constantly evolving industry. It takes an immense amount of work to stay up with the current trends. Being a real estate agent is a full time job, there are time sensitive requirements and repairs easily overlooked by an agent who isn’t solely focused on selling a home. Basically, invest in a full time agent. It’ll save money and cause less stress in the long run.
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What Makes Mountain Luxury Unique:
Mountain Luxury has been the #1 brokerage in the Ogden Valley for 11 years! We are dedicated to making the buying and selling process as easy as possible for our clients. Our services include staging, professional photography, print marketing, social media marketing, open houses, and many other facets.
Here are 5 benefits of listing through us!
We know the legalities. Our agents are well versed in all of Utah’s required paperwork. In Utah, agents are required to consummate sales and finalize purchases; basically we’ll make sure the paperwork is properly taken care of.
We handle all marketing. This includes cleaning, staging, photographing, listing online, open houses, and other marketing strategies. Our team goes above and beyond to make sure homes get as much positive exposure as possible.
Our agents will give you an accurate estimate of your home’s value. We make sure a property isn’t overestimated so it sells in reasonable time and still gives you the maximum value possible.
We can fix and update all necessary features. We offer a unique 3k fix-to-sell program that ensures no valuable updates are overlooked and the home is as appealing as possible.
Our agents know how to negotiate prices, inspections, closing/possession dates, and many other things that you may not have even taken into consideration.
If you have any questions about what we can do for your home, you can reach our office at (801) 745-8400!