The most common days for real estate closings are Fridays and the last working day of the month.
Here were the most popular days in 2014:
•June 30th (Monday)
•May 30th (Friday)
•August 29th (Friday)
•April 30th (Wednesday)
•July 31st (Thursday)
As you can see from the list, the spring and summer months are the most popular.
Source: National Association of REALTORS®
Using an agent can net you 13% more studies have shown: FSBO $208K versus agent assisted $235K.
How do buyers look for a house: 88% search on-line, 21% newspaper ads.
How do buyers find the house they buy: 43% on-line, 9% yard sign, 1% newspaper.
Here are the people that you’ll have to negotiate with to sell your house: the buyer, the buyer’s agent, the buyer’s lender, the inspection company, the appraiser, the title company, plus possibly others.
Before you decide to take on the challenges of selling your house on your own, sit down with a real estate professional to see what they have to offer you.
Source: Keeping Matters Current
Stronger economy and soild job growth expected to boost home sales in 2015:
•Prices will continue to rise
•Mortgage rates are projected to increase
•You are paying a mortgage either way
•It’s time to move on with your life
•Don’t overprice – This will only lead to disappointment and your house will get “market worn”.
•Take care of needed renovations – In today’s market most buyers are looking for a move-in ready home and not a fixer upper.
•Make sure general maintenance is done – Taking care of the details will help your home to shine and stand out from the crowd.
•Remove the clutter – Pick-up and clean-up. You want your home to have a clean and spacious feel for the prospective buyers.
•Leave for showings – Buyers will feel more comfortable looking at your home if your not around, plus you will not be put on the spot with questions that you might handle differently if asked through your agent.
• Having a good place to raise children and provide them a good education.
• Having a physical structure where you and your family can feel safe.
• It allows you to have more space for your family.
• It give you more control over what you do with your living space.
• Owning a home is a good way to build wealth that can be passed along to your family.
Source: Keeping Current Matters
The number of applications for real estate licenses is up in many areas of the country due to the improving real estate market. The National Association of REALTORS® added 42,000 agents in 2013, which marked the first increase in about seven years.
If your are considering a career in real estate or are looking to return to the business, then click on the link below to find out more about Ferguson Realtors and what we can offer you to make your real estate career a success.