The Top 5 Reasons You Need a Real Estate Agent when Buying a Home

 
 

You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions.

And if you’re following along, it can be pretty confusing. But here’s the thing you really need to know – expert advice from a trusted real estate agent is priceless, now more than ever. And here’s why.

A real estate agent does a lot more than you may realize.

Your agent is the person who will guide you through every step when buying a home and look out for your best interests along the way. They smooth out a complex process and take away the bulk of the stress of what’s likely your largest purchase ever. And that’s exactly what you want and deserve.

This is at least a part of the reason why a recent survey from Bright MLS found an overwhelming majority of people agree an agent is a key part of the homebuying process (see visual below):

 
 

To give you a better idea of just a few of the top ways agents add value, check out this list.

1. Deliver Industry Experience

The right agent – the professional – will coach you through everything from start to finish. With professional training and expertise, agents know the ins and outs of the buying process. And in today’s complex market, the way real estate transactions are executed is constantly changing, so having the best advice on your side is essential.

2. Provide Expert Local Knowledge

In a world that’s powered by data, a great agent can clarify what it all means, separate fact from fiction, and help you understand how current market trends apply to your unique search. From how quickly homes are selling to the latest listings you don’t want to miss, they can explain what’s happening in your specific local market so you can make a confident decision.

3. Explain Pricing and Market Value

Agents help you understand the latest pricing trends in your area. What’s a home valued at in your market? What should you think about when you’re making an offer? Is this a house that might have issues you can’t see on the surface? No one wants to overpay, so having an expert who really gets true market value for individual neighborhoods is priceless. An offer that’s both fair and competitive in today’s housing market is essential, and a local expert knows how to help you hit the mark.

4. Review Contracts and Fine Print

In a fast-moving and heavily regulated process, agents help you make sense of the necessary disclosures and documents, so you know what you’re signing. Having a professional that’s trained to explain the details could make or break your transaction, and is certainly something you don’t want to try to figure out on your own.

5. Bring Negotiation Expertise

From offer to counteroffer and inspection to closing, there are a lot of stakeholders involved in a real estate transaction. Having someone on your side who knows you and the process makes a world of difference. An agent will advocate for you as they work with each party. It’s a big deal, and you need a partner at every turn to land the best possible outcome.

Bottom Line

Real estate agents are specialists, educators, and negotiators. They adjust to market changes and keep you informed. And keep in mind, every time you make a big decision in your life, especially a financial one, you need an expert on your side.

Expert advice from a trusted professional is priceless. Connect with a local real estate agent today. 

Read more at KeepingCurrentMatters.com

Related Links

If there is a home that you would like more information about, if you are considering selling a property, or if you have questions about the housing market in your neighborhood, please reach out. We’re here to help.

Search Homes in Colorado

Search Homes in North Carolina

Search Homes in Oklahoma

Search Homes in Oregon

Search homes in Minnesota

Home Sellers Are Becoming ‘More Realistic’ During the Best Time of the Year To List

 
 

After years of heated bidding wars and homes selling for six figures over the list price, home sellers are entering the spring housing market with “more realistic” expectations.

As the nation enters the best week to list a home, April 14–20, fewer homeowners anticipate bidding wars and wild offers over the asking price, according to a recent survey from Realtor.com® and CensusWide. Homeowners are also expecting their homes will take longer to sell and fewer buyers will waive contingencies.

“Home sellers have adjusted their expectations. They’re becoming a little more realistic given the current market conditions,” says Hannah Jones, senior economic research analyst at Realtor.com. “Home prices and mortgage rates remain elevated, so buyers are going to be a little bit more picky and are going to be looking for more flexibility from sellers.”

While that’s welcome news for many homebuyers, it’s not necessarily a bad thing for sellers.

“The housing market is showing signs of rebalancing,” says Jones. She points out that more homes are going up for sale compared with last year. “The market is moving in the right direction.”

Just 12% of sellers expect their home will receive multiple offers, down from 27% last year. And 15% of homeowners are banking on being offered more than their asking price. That’s less than half of the 31% that expected to receive more than what their home was listed for in 2023.

An additional 15% are prepared to receive an offer within a week of their home going up for sale, down from 37% last year. And another 15% are expecting buyers to waive contingencies, such as home inspections and appraisals, dropping from 35% in the previous year.

“Seller expectations are moving away from the [COVID-19] pandemic frenzy toward more normal, pre-pandemic expectations,” says Jones. “It’s a return to some balance. Although sellers are still in a really good position, this suggests that sellers are open to a little more give and take with buyers.”

The report is based on a survey of about 1,000 homeowners who plan to sell their home in the next year and 1,000 folks who sold their home in the Past year.

What do home sellers in 2024 want?

Homeowners planning to sell their properties this year have been thinking about doing so for an average of two years. When they finally do so, they’re hoping to cash in.

Sellers are expecting their abodes to sell for an average of $462,000 this year. That might be a bit aspirational as the national median list price was $424,900 in March, according to the most recent Realtor.com data.

“The percentage of sellers reducing prices is relatively high,” says Jones. “So sellers may be optimistic coming into the market and then adjusting closer to buyer expectations.”

Almost 8 in 10 recent sellers believe they would have entered a hotter housing market if they had listed their properties earlier. Many waited to get out those “For Sale” signs because of the high mortgage rates.

About 73% of the respondents in the survey are sellers as well as buyers. About 79% of prospective sellers have been reluctant to give up a low rate only to have to take out a mortgage at a higher rate. So they succumbed to the “lock-in effect.”

About half of these homeowners don’t want to sell until rates fall, while 29% are going ahead regardless.

“Plenty of homeowners have been eagerly waiting for mortgage rates to come down so that they can sell their current home and more affordably upgrade to a new one,” Realtor.com Chief Economist Danielle Hale said in a statement.

“With mortgage rates expected to ease slowly throughout the year, some potential sellers are planning to get off the sidelines in 2024 and make a move, with the majority expecting to buy a new home at the same time that they sell their current one.”

Hale anticipated rates will fall to about 6.5% by the end of this year.

Why are homeowners selling their properties?

Homeowners who are planning to list their homes need to move for family (24%), for more space (23%), to downsize (23%), and for life changes (18%) such as a new marriage, child, or divorce, according to the report.

They’re also weighing financial considerations. About 24% are selling to make a profit, and 21% want to capitalize on price increases.

“Life goes on,” says Jones. “We still see that more normal churn in the housing market driven by big life events. Those things continue even in a challenging housing market.”

Read more at Realtor.com

Related Links

If there is a home that you would like more information about, if you are considering selling a property, or if you have questions about the housing market in your neighborhood, please reach out. We’re here to help.

Search Homes in Colorado

Search Homes in North Carolina

Search Homes in Oklahoma

Search Homes in Oregon

Search homes in Minnesota

Just Listed: Where Luxury Living Meets Unparalleled Entertainment and Opulence!

 
 
 

Welcome to a truly exceptional residence that defines luxury living at its finest.

Nestled in the desirable neighborhood of Fairview Farm, this breathtaking property offers an unparalleled lifestyle experience that effortlessly combines entertainment, opulence, and leisure. Step through the ornate double doors and enter a world of refined beauty and sophistication. This home is designed for the art of entertaining. The spacious and exquisitely appointed living spaces seamlessly flow from one to another, creating an inviting atmosphere that is perfect for hosting gatherings of any scale. From intimate dinner parties to lavish celebrations, this home is the pinnacle of gracious entertaining. A sparkling pool beckons on warm days, inviting you to unwind and soak up the sun's embrace in the beautifully landscaped backyard. For the car enthusiast, a true masterpiece awaits within the expansive garages with space for 7.5 cars. Your automotive treasures will find their home in this haven, designed to showcase your collection in a setting that rivals the world's finest showrooms. Escape to the lavish primary suite, a retreat of tranquility and elegance. With its own private wing, this sanctuary features a spa-inspired en suite bathroom complete with a steam shower, large walk-in closets, and a sitting area that overlooks the pool and backyard. The second story is complete with three bedrooms, three bathrooms, and two additional living spaces. As well as a wet bar, cedar closet, craft room, and bonus space. The basement offers an additional 840 square feet, housing a media room, bathroom, and wet bar perfect for game day or large gatherings. This estate effortlessly blends luxury with functionality. Experience the peak of refined living in this sensational residence where every indulgence is yours to enjoy. This is more than just a home – it's a lifestyle statement that reflects extraordinary taste and uncompromising standards.

Listed by Dita Sartain for West + Main Homes. Please contact Dita for current pricing + availability.

 
 
 

Have questions?
West + Main Homes
(405) 652-6635
hello@westandmain.com

Presented by:
Dita Sartain
571-215-0864
dita@westandmainok.com


Search homes in Oklahoma
 

Just Listed: Elegance and warmth describes The Hampton home built by Covenant Home Builders!

 
 
 

Elegance and warmth describes The Hampton home built by Covenant Home Builders!

In the gated community of Coeur D'Alene at Surrey Hills this 4 bed, 2.5 bath, 3 car garage with contemporary exterior and modern interior touches is across the street from the 3 acre fishing pond. Enter the home and enjoy natural light filtering through every room. The kitchen with spacious island, overlooks the living room and dining area. White quartz counters, wood look tile flooring, designer pendant lighting, 5 burner gas stove, oven, microwave, walk in pantry, numerus drawers and custom cabinetry are sure to please. Your living room has a gas log fireplace, large ceiling fan, LED surface mount lighting and 2 in faux white wood blinds throughout. Escape to the primary suite and bath with leathered granite counters, smart style closet with 2 dressers, soaker tub, shower with built in bench, and separate wood stained vanities. All 3 secondary beds are on opposite side of the home along with their full bath. The mudroom and laundry are generously sized additional storage, cubbies, bench, a folding counter and hanging rack. Sprinkler system, 2 liftmaster garage door openers, smart home security system, digital programmable thermostat, tankless water heater, gas line and tv/cable on back patio, insulated garage doors, lighting from Lifestyles in Edmond with a lifetime bulb replacement warranty, Moen fixtures, Sherwin-Williams paint and colors selections. Surrey Hills golf course is a golf cart ride away. Yukon schools. Kilpatrick Turnpike is 5 mins east making it easy to get to Oklahoma City, restaurants, shopping and even downtown. This is a Parade of Homes gem. Come visit and see the attention to detail, craftsmanship and amenities Covenant provides in this home and all the homes they build.

Listed by Lynne Hamilton for West + Main Homes. Please contact Lynne for current pricing + availability.

 
 
 

Have questions?
West + Main Homes
(303) 935-8787
hello@westandmain.com

Presented by:
Lynne Hamilton
405-808-3936
lynne@westandmainok.com



Search homes in Oklahoma
 

Revamp Your Home With These Trending Options for 2024

 
 

Welcome to the future of home design!

It's time to revamp your living space with these top trending options for 2024. Whether you're looking for a modern, minimalist look or a cozy, rustic feel, we've got you covered. Get ready to transform your home into the envy of the neighborhood with these exciting and stylish choices. Let's dive in!

Minimalist Marvel
Say goodbye to clutter and hello to clean lines with the minimalist trend. This style focuses on simplicity, functionality and open spaces. Think neutral colors, sleek furniture and plenty of natural light. Don't be afraid to incorporate some bold accents or unique textures to add some personality to your space.

For a truly minimalist look, opt for furniture pieces with clean and simple designs. Look for sofas and chairs with straight lines and no frills, as well as tables with geometric shapes. Don't be afraid to mix materials like metal, wood and glass to add visual interest. When it comes to décor, stick to a few statement pieces rather than cluttering surfaces with lots of small items. Consider adding a large piece of abstract art or a textured rug to tie the room together.

Greenery Galore
Bringing nature into your home is not only aesthetically pleasing but also beneficial for your well-being. The greenery trend involves adding plants and other natural elements to your interior design. From fresh herbs in the kitchen to a statement piece like a vertical garden, there are endless ways to incorporate this trend into your home.

To keep your plants thriving, try placing them in areas with plenty of natural light and make sure to water them regularly. You can also choose low-maintenance plants like succulents or invest in a self-watering planter. Another trick is to group plants together to create a mini indoor garden that will not only add visual interest but also help regulate humidity levels. Don't forget to research the specific needs of each plant to ensure they are getting the right amount of sunlight and water. With a little TLC, your home will be filled with vibrant greenery in no time!

Vintage Vibes
Everything old is new again with the vintage trend. Embrace nostalgia and add some character to your home with vintage furniture, décor and accessories. Mix and match different eras for a unique look that tells a story. Don't be afraid to get creative and repurpose old items into something new.

In 2024, the vintage trend is expected to continue its popularity with a focus on sustainable and eco-friendly options. Look for pieces that have been upcycled or repurposed, such as old doors turned into tables or vintage suitcases used as storage. The key is to mix these items with modern elements to create a balanced and stylish look. Keep an eye out for vintage-inspired prints and patterns, like floral or geometric designs, to add a touch of nostalgia to your home. And don't forget about the small details—incorporate vintage accessories like old books, cameras or record players to truly bring this trend to life.

Cozy Comfort
Create a warm and inviting atmosphere with the cozy trend. This style focuses on comfort and relaxation, making your home the ultimate sanctuary. Think plush textures, warm color schemes and soft lighting to achieve this look. Don't be afraid to mix and match different fabrics for a cozy and eclectic feel.

When it comes to choosing colors for a cozy home, think warm and inviting hues. Stick to earthy tones like browns, greens and oranges for a natural feel. You can also incorporate pops of color with throw pillows or blankets in reds, yellows or blues. Don't be afraid to mix different textures as well—from soft knits to fuzzy faux fur—to add depth and coziness to your space. And for lighting, opt for warm, soft bulbs instead of harsh, bright ones to create a cozy and inviting atmosphere. With the right colors, textures and lighting, you'll have a home that feels like a warm hug every time you walk in.

Tech-Savvy Spaces
Incorporating technology into your home design is not just practical but also stylish. From smart appliances to integrated sound systems, there are endless options to make your home a tech-savvy space. Embrace the convenience and futuristic feel of this trend while still maintaining a sleek and modern aesthetic.

To truly make tech a seamless part of your home, consider investing in smart home systems and devices that can be controlled through a single hub or app. This allows you to easily manage all your connected devices, from thermostats to lighting, with just a few taps on your phone or voice commands. You can also opt for wireless charging stations and hidden outlets for a clean and clutter-free look. And don't forget about incorporating smart features in your kitchen and bathroom, such as touchless faucets or voice-controlled appliances, for a more hygienic and futuristic experience. With the right integration of tech, your home will not only be stylish but also functional and efficient.

2024 is all about finding the perfect balance between style and functionality in your home design. Whether you prefer a minimalist look, a touch of nature, vintage vibes, cozy comfort or tech-savvy features, these top trending options have something for everyone. Don't forget the outside of your home too, accessorizing your porch, residential siding and yard. So why wait? Start revamping your home now and get ready to impress your guests with a stylish and on-trend living space that you can enjoy for years to come. Happy decorating!

Read more at Rismedia.com

Related Links

If there is a home that you would like more information about, if you are considering selling a property, or if you have questions about the housing market in your neighborhood, please reach out. We’re here to help.

Search Homes in Colorado

Search Homes in North Carolina

Search Homes in Oklahoma

Search Homes in Oregon

Search homes in Minnesota