Likely Home Buyers Today And What They Are Looking For

One of the ways to ensure that you are able to sell your home quickly and for a good price is to know who your prospective buyers are. That way, if you are going to make any changes to your home so it’s more appealing, you’ll make it appealing to the biggest portion of available buyers.

Home buying trends change over time. That’s why it’s important to do your homework and find out exactly what’s going on in the market once you’re ready to sell. Even so, certain trends will last for longer periods, and would be a safe bet when preparing to sell your home. For instance, as discussed in the following post, many home buyers today are millennials:

Home Buyer and Seller Generational Trends

Highlights

Since 2013, the National Association of REALTORS® has been writing the Home Buyers and Sellers Generational Trends Report. This report provides insights into differences and similarities across generations of home buyers and home sellers. The home buyer and seller data is taken from the annual Profile of Home Buyers and Sellers.

• Millennials are the largest share of home buyers at 36 percent. Sixty-five percent of these buyers were also first-time home buyers. Read full post at National Association of Realtors…

Just a few years ago, it was wrongly assumed that millennials did not find the idea of homeownership appealing. However, this was only a myth that has since been busted. As the effects of the bubble bust faded, homeownership among millennials began to rise, and continues to do so.

Some of the reasons that have been put forward to explain this trend include the fact that more millennials are working. Many of them work in urban centers, where rents are ever increasing. So what does that mean for home sellers? It means thinking of millennials as possible buyers of your home, and making the most appropriate changes whenever possible. The following post offers some tips:

15 Things Millennial Home Buyers Look At While Buying A House

The millennials, also known as Gen Y’ers, are the generation with tons of options and a lot more ways that help them figure out the right ones for them.

Millennials love analyzing and making very informed decisions about everything in their life, given the Internet has made this process quite easy. Read full post at Rochester Real Estate…

Another reason why millennials have become a huge part of the housing market is simply because they are growing up. Once they start working and move out of their parents’ basements, the next natural step is to start a family. Having kids has always been a major precursor to buying a home.

Yet another group you may not have prioritized on your list of prospective buyers is single women. The following post explores this growing trend:

Twice as many single women are buying homes as single men

Women’s pay may still lag behind that of their male counterparts on average, but single women are taking the lead when it comes to purchasing real estate. In fact, single women are buying homes at twice the rate of single men, and they have been for at least a few years now.

That’s according to data from the National Association of Realtors’ “2017 Profile of Home Buyers and Sellers.” Married couples made up the largest share of homebuyers last year at 65 percent, but single females came in second with 18 percent. Just 7 percent of buyers were single men. Read full post at CNBC…

It is also worth noting that single women become even more likely to buy a home as they get older. In fact, women over 55 have been the fastest-growing demographic of home buyers since the 80s. Many of them have become widows or are recently divorced and are looking for a fresh start.

Understanding what buyers want may not be very helpful if you do not have the financial ability to make your home appeal to them. However, there’s yet another group of buyers that might just be perfect for you – real estate investors.

If you would like to sell your Biscayne Park home fast and easy, Sell Fast Fair Offer is here for you. We’ll buy your home as-is, and you can expect a cash offer within 24 hours of your contacting us. You won’t have to worry about making any changes to your home, paying commissions or closing costs. We’ll cover it all. Call us on (305)590-8500 or fill in the contact form below.

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What Impact Will Closing Costs Have On My Home Sale?

When selling your home, certain fees, referred to as closing costs, will need to be paid at the closing table. These costs can vary widely depending on where you live, and could be significant enough to warrant thoughtful consideration of how to go about the process of selling your home.

You may not be in the best financial situation, and may be looking to make as much as you can from the sale of your home. If this is the case, then you need to pay careful attention to your closing costs. This is because they can take out a sizeable portion of what you make from your home sale. The following post provides some figures:

Selling your house can cost you more than $18,000

If you’re thinking about selling your house, plan ahead for extra costs that will take a chunk out of any profit you may make.

The average American homeowner will spend $18,342 to sell their house, according to a new study by real estate research firm Zillow and Thumbtack, an online site matching local professionals to customers. Read full post at USA Today…

Keep in mind that closing costs do not include whatever you spend on marketing, staging or cleaning up your home to make it appealing to buyers.

As a home seller, you want to know exactly how much you might need to set aside for closing fees. As such, you need a list of exactly what these closing fees are. The following post provides a useful breakdown of this:

 How to Calculate Real Estate Closing Costs in Florida

Real estate closing costs are the inevitable fees associated with your home purchase, which are paid at the closing of a real estate transaction. The real estate transaction and sale are officially complete, or “closed” when the title of the property is transferred from the seller to the buyer. In the State of Florida, whether the closing costs are the responsibility of either the buyer or seller, depends on the county that you live in. Read full post at Title Zoom…

Some of the closing cost items are negotiable, and the buyer could also take some of the load off. However, the burden of real estate agent commission lies squarely on the shoulders of the seller. Agent commissions can be up to 6% of the home price.

With this in mind, it becomes even more important to identify the negotiable costs, or which costs can be transferred to the seller. The following post addresses this:

Who Pays Seller Closing Costs?

When you sell a home, there are a certain fees associated with the transaction. Some fees are levied by the state of Florida such as documentary stamp taxes, while other expenses are for services. Just who pays the seller closing costs in Florida isn’t as direct as it should be.  For example, if you are purchasing new construction (buying a house from a builder) you may be paying part of the seller’s closing costs.  So, can seller’s closing costs in Florida be negotiated as part of the real estate sale?  Can the buyer actually pay for some of the seller’s closing costs?  Yes, the buyer can pay, but the bigger question is, will they? Read full post at Sarasota Sandy…

No doubt closing costs can be quite significant. But is there a way to be rid of them completely? Yes! You have the option of selling your home to a reputable real estate investor such as Sell Fast Fair Offer. In fact, not only will you be freed from all closing fees, but you won’t have to worry about commissions either.

Sell Fast Fair Offer is happy to buy your Doral FL home as-is, so you don’t have to stress about staging fees or getting it cleaned. When you contact us, we’ll have a cash offer for you within 24 hours, and you get to choose when to close. Fill out the form below, and we’ll get in touch with you.

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Here’s How To Sell Your Fixer-Upper Fast And Easy

Selling a fixer-upper definitely has its challenges, but doing it successfully is possible with the right strategy. One of the mistakes that homeowners of such properties make is to assume that it would be easier to sell a home in better condition. In fact, you may be tempted to do some repairs to make the house more appealing. Unfortunately this will in most cases only lead to a chain reaction of costs that you already can’t afford.

It’s also important to understand that there are certain aspects of a fixer-upper that actually make it attractive to certain buyers. In fact, for the right buyer, you may not want to change a thing. The following post discusses this:

Push The Customization Angle

First, try to keep in mind that most potential buyers who are on the market for a fixer-upper are likely to be interested in customizing the home. Be sure to highlight any key areas that are ripe for change. Is the décor in your kitchen a little dated? No problem – it’s a chance for your buyer to build the kitchen they’ve always dreamed of. Is the basement unfinished? There’s a perfect opportunity for a keen buyer to create a basement suite which they can then rent out to a new tenant. Read full post at Team A Rod…

The best strategy when dealing with a fixer-upper is to market it with the right buyer in mind. Don’t direct your efforts at making the home appealing to a buyer looking for a ready home with minimal repairs, if any. Instead, think of the buyers that are looking for a fixer-upper.

You may be having a hard time believing there may not be a buyer looking for a home just like yours. However, the following story from Australia may just help you change your perspective:

Williamstown fixer-upper sells for $3 million as buyers target large period homes with renovation potential

Williamstown’s reputation as the “Toorak of the west” was given a shot in the arm at the weekend as a dated weatherboard home climbed $220,000 above reserve to sell at auction for $3.02 million.

The sale of the three-bedroom Victorian house at 218 Osborne Street with a time-capsule kitchen and an abundance of old-style wallpaper drew a crowd of 150 and tossed up Saturday’s highest-priced reported auction result. Read full post at Domain Media…

Once you have your target market defined, you’ll have a much easier time developing a suitable strategy for selling your home. This also means that there are things that you may need to do that would not be done by sellers of homes in great condition, and that’s okay.

On the other hand, while negativity will not serve you well, it’s just as important to be realistic about what selling a fixer-upper involves. For instance, you need to understand that you will not get the full market value for your home, as highlighted in the following post:

Be Flexible

When people see the term “fixer-upper” in a real estate ad, they read “cheap.” Accept that you’re not going to get top dollar for a fixer-upper. Your options are to put a substantial amount of money and effort into renovating it and then sell it for more money, or to leave the work to someone else and sell it for less. Don’t be offended if you receive offers that are substantially below your asking price. Many people in the market for fixer-uppers are renovators and wheeler-dealers who are looking to make some money, so they’re going to drive a hard bargain. Read full post at Pocket Sense…

With the right strategy and the right expectations, selling a fixer-upper can actually turn out to be much more pleasant that you’d expect.

We at Sell Fast Fair Offer are always on the lookout for a hot fixer-upper, so if you’ve got one in El Portal or other cities in Florida, give us a call or fill the contact form below. We’ll have a cash offer for you within 24 hours.

We pride ourselves in being reputable real estate investors, so don’t worry about feeling pressured to sell for a price that isn’t fair. The entire process will be at your own pace, and you’ll be the one to decide when to close. Call us today at (305) 590-8500.

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Tips For Selling Your Orlando FL Home This Summer

Timing is important when you want to sell your home. Doing it right could translate to a price increase of tens of thousands of dollars.

The following post breaks down the months of the year in terms of their suitability for home buying. It also looks at what experts advise buyers to look for, which is a useful perspective to consider as a seller:

Best & Worst Time to Buy a House: Month-by-Month Analysis

After the crash in 2008, the US housing market has rebounded in a big way. In fact, if you had bought a property at the lowest point of the recession and still held onto it today, your asset would have appreciated by roughly 25 percent.

It’s expected that the housing market will continue to climb in the coming years due to strong fundamentals. But should you buy now or wait a few months to make your home purchase? Read full post at Fit Small Business…

Summer is a great time to sell your house, especially if you’re in Orlando FL. A lot of families prefer to relocate during the summer so that school-age children can start the new school year in their new school. In addition, those looking to buy second homes will typically be house-hunting in the summer.

As such, this could very well be the best time to put up your Orlando FL house for sale. If you need yet another reason to list your house this summer, here it is:

Shortage of homes reported in Central Florida

ORLANDO, Fla. — If you’re looking to buy a home in Central Florida right now, you might not be surprised to hear the supply of existing homes is low and prices are up.

…

According to the Orlando Regional Realtor Association, the number of homes available for sale has dropped to its lowest point this year. Summer is the time when buyers are usually more active as they try to buy a new home before the start of the school year. Read full post at Wesh.com…

The laws of economics dictate that the situation described above is ideal for any seller. You are likely to sell your house quickly and for a good price.

Even so, it’s still important to put your best foot forward to ensure that you get the best possible deal for your home. The following post offers a wide range of useful tips you can use to make your summer sale the best one yet:

Tips for Selling Your Home This Summer

Selling your home this summer?  Well, you’re not alone.  Approximately 60% of all properties that are bought and sold during the year occur during June, July, and August.  Below you’re going to find a number of tips to help you get your home sold fast.

Unless the idea of selling your home was a spontaneous one, you may need a few weeks head start to get this stuff done to be ready for the big buying season.  Some of these tips may be obvious but some may not. Read full post at Live Gulf Shores Local…

As described in the above post, it’s not just important to stage the inside of your home; the outside is just as important. This is especially the case in summer, since it’s the season that most people spend as much time as possible outdoors. As such, potential buyers will likely imagine themselves grilling with friends outside, or enjoying a family dinner on the patio.

On the other hand, you may need to dispose of your Orlando FL home fast. If you do not have the time or money to spruce it up, there’s another option for you. Selling to a reputable real estate investor will not only get you a quick sale, you also won’t have to worry about realtor commissions, and you’ll still get a good deal.

If this sounds like an option you might be interested in exploring, get in touch with us at Sell Fast Fair Offer. Call (305) 590-8500 for more information, or fill the contact form below and we’ll get in touch with you.

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Smart Tips For Selling Your Home To A Real Estate Investor

Selling your home to an investor has several benefits that you cannot ignore, particularly if you need to sell it quickly. However, as with any other home selling option, you need to understand what to expect, depending on your unique circumstances.

The benefits of this type of sale would be a good place to start. Andrew Manzano lists the major benefits you’ll enjoy in the following post:

5 Benefits to Selling Your Home to an Investor if You Need to Sell Fast

If you need to sell your home fast, you could choose the traditional route of listing it with a realtor. But, this might not be an option for those who have limited time to sell, need quick cash, and want to receive the highest value possible when selling their home. All in all, selling with a realtor does prove beneficial if you have time to wait, and to accept offers on the home. With this said, those who are crunched for time, and need to sell quickly should consider selling their home to a real estate investor instead. Read full post at Realty Times…

You may have no other option than to sell off your home, particularly if it has been damaged due to a natural disaster such as flooding. You might not be in a position to cover the cost of fixing the house, and selling it to an investor may actually be the only option you have left if the home has become uninhabitable.

Even in such a scenario, it is still important to assess each potential investor so you get the best possible deal out of it. The following post offers advice for selling a flooded home to an investor:

Selling A Flooded Home: What to Look for In an Investor

If your home is a victim of the recent flooding in the Houston area and you have decided to move forward and sell your home to an investor, there are a few things in which you should be aware. Unfortunately, it times of distress there are many who are looking to help one another, but there are also those that are looking to take advantage of people’s circumstances. If you need to sell your flooded home to an investor, avoid getting scammed by asking and being aware of the following things. Read full post at Big State Home Buyers…

Something else that will help you get the best deal when selling to an investor is to know what investors are looking for. That way, you can more accurately gauge whether what you are being offered matches what you are offering. Devon Thorsby offers a glimpse into the investor’s perspective in the following post:

Buying or Selling Your Home? Think Like a Real Estate Investor

One of the toughest parts of buying or selling a home is the fact that you’re doing a business deal that involves something so personal. It can be difficult to separate the emotional aspect of where you’re going to live with the fact that you need to make a smart decision on what is likely the biggest investment you’ll ever make in your life.

Fortunately, there are people who make this kind of investment their business to show us how it’s done. Read full post at US News…

Regardless of your situation, you will have a much easier and satisfactory home selling process when you choose the right investor. If you need to sell your home in Coral Gables FL quickly and with no frustration, consider Sell Fast Fair Offer.

Take a look at what former home sellers had to say about their experience with us on our testimonials page. Be assured that we want you to make your home selling experience as painless and beneficial as possible. When you contact us, you’ll get a cash offer in as little as 24 hours, and you get to choose when to close. Call us today at (305) 590-8500.

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What Does Listing Your Home With An Agent Entail?

When the time comes to sell your home, you’ll probably have a lot in your mind and have little time to think through all of it. It’s best to consider all your options early enough so that you can make an informed decision when the situation arises. One of the options you have is listing your home with an agent. This post shall look at how you can do that effectively.

First things first. In any venture you get into, you need to be clear on your expectations, and ensure they are realistic. Adriana Velez outlines some of the things you can expect from a listing agent:

What to Expect From a Listing Agent

Before you start making lofty demands of your listing agent, it’s important to understand what the agent is actually responsible for. We’re not saying you’re high-maintenance; you just need to know what you can and can’t ask the agent to do.

By setting realistic expectations, you’re likely to leave the home-selling process feeling like your agent really did all she could to get you the best deal—even if you didn’t see or hear about every little thing she did to market your home. In the interest of transparency, let’s dive into the things a listing agent is responsible for once you sign a contract. Read more at Realtor…

The fact that you will sign a contract with a listing agent means you need to know the terms and conditions of the agreement before you commit.

Once you are clear on your expectations, the next thing you need to be keen and thorough about is the listing agent you’re going to work with. Wondering how to choose one? Elizabeth Weintraub explains how you can do this:

How to Choose a Listing Agent

Two of the biggest mistakes home sellers make when choosing a listing agent are selecting an agent solely based on the following two things:

1. Highest list price for your home
2. Lowest commission

At first glance, a seller might say, “What? Are you nuts?” Because sellers want the highest possible price and to pay the least amount of commission. But those two criteria have very little to do with hiring a competent agent and, in many instances, are completely irrelevant. Let’s look at why. Read more at The Balance…

As is the case in any decision you make, there are several factors you need to take into consideration when selecting the ideal agent to work with.

Even so, you are still free to explore alternative options to listing with an agent. Lee makes a good comparison of the two in the following post:

Listing with a Real Estate Agent vs Selling Your House for Cash

Selling your house can be a difficult process because there are so many options. Should you go with listing with a real estate agent, selling to a cash buyer, or selling it on your own?

One of the many advantages of owning real estate is having plenty of options. There are options for buying as well as selling it. As a homeowner that is interested in selling your home, you need to know what your specific options are. Read more at Fast Home Sale By Owner…

If you are in a situation in which you need to sell your home fast in Palmetto Bay, FL and are wondering if you can sell directly to an investor for cash, the answer is yes, and Sell Fast Fair Offer is the way to go.

Once you call us, we will give you a fair cash offer within 24 hours, after which you get to decide when to make the closing. You don’t have to worry about seller’s fees or commissions when you choose to work with us.

Call us today at (305) 590-8500 or visit our website to find out more about us and how we work.

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On Selling Your House to an Investor – Is it Worth It?

There could be a number of reasons why you need to sell your house fast. Being in this situation requires that you identify all the options you have and decide on the one that will be most tenable for you. One of them is that of selling your house to an investor. If this idea has crossed your mind and you’re wondering if it’ll work, this post is definitely for you.

In the first place, if you are hard pressed for time, then one of the concerns you have is the option that will give you what you need quickly. Jeff Filali discusses selling to an investor and through an agent:

How Long Does It Take To Sell My House To An Investor Vs With An Agent?

You want to sell your house, and perhaps you need to sell in a hurry. Chances are, you arrived at this blog post because you’re hoping to find the best solution for you that sells your house as quickly as YOU want.

Before we get to the answer, it’s important to understand the difference between what an agent does and what an investor does:

When you sell your house with an agent, you are asking the agent to represent you in a sale and to try and find a buyer on your behalf. In other words, you’re selling THROUGH an agent to a buyer.

When you sell your house with an investor, you are actually working directly with the one who will be buying the house. In other words, you’re selling TO an investor (they are the buyer). Read more at LinkedIn…

Depending on your specific circumstances, one way will likely be more favorable for you. As such, you need to weigh your options carefully.

If this is your first time selling a house, you probably have many doubts about selling directly to an investor. Margaret Downing shows how it is not as bad as it may seem:

When Getting Cash For Your House in a Quick Sale Might Not Be the Worst Idea

Maybe it’s because your elderly aunt who just died was something of a hoarder, didn’t see well and spent her days outdoors rather than inside vacuuming and dusting. And you just can’t face sorting through the decades of decaying memorabilia and cigarette butts you’ve inherited along with the house.

Or perhaps, as a victim of several floodings, most recently the one caused by Hurricane Harvey, you just don’t have it in you to start over again with the time and money it’ll take to replace carpet and sheet rock and the painting and where are those adjusters anyhow and don’t get me started on FEMA. Read more at Houston Press…

There are several reasons why you may consider a quick sale. In fact, you could actually stand to gain more in some situations.

It is important to bear in mind that each person’s specific circumstances will determine the best course of action. While in some cases repairs are unnecessary, Mike Wheatley explains some of the repairs to consider if your circumstances are appropriate:

Selling Your House? 3 Easy Renovations for Home Investors to Attract Buyers

When preparing to sell a home, many people will look through other listings to see how their property stacks up to the competition. In many cases, sellers have taken exceptional measures to dress up their home with upgrades to make it stand out.

If you want to get more attention from buyers, you need to position your home well against the competition. However, funding for renovations and upgrading may be limited. If you are looking for easy renovations that will give you the most bang for the buck, focus your attention on these improvements: Read more at Realty Biz News…

Whichever way you go, ensure you get yourself a good deal, even if you need to sell your house fast. If you need to sell your house to an investor in Coconut Grove FL Sell Fast Fair Offer is the company to work with.

We offer you a favorable deal within 24 hours of calling us, after which there will be no pressure to close. You can do it whenever you’re ready. As a bonus, you don’t need to worry about sellers’ fees, because we’ll take care of them. Neither should you worry about commissions.

Call us today at (305) 590-8500, or visit our website for more information on what we do and how we do it. You’ll be glad you called!

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