Why Your Asking Price Matters Even More Right Now

Written by Tampa Bay Mortgage Syndicated User on July 10, 2024. Posted in For Sellers, Home Prices, Mortgage Tampa, Selling Tips, Tampa Bay Mortgage, Tampa Mortgage.

If you’re thinking about selling your house, here’s something you really need to know. Even though it’s still a seller’s market today, you can’t pick just any price for your listing.While home prices are still appreciating in most areas, they’re climbing at a slower pace because higher mortgage rates are putting a squeeze on buyer demand. At the same time, the supply of homes for sale is growing. That means buyers have more options and your house may not stand out as much, if it’s not priced right.Those two factors combined are why the asking price you set for your house is more important today...

Homeowners Gained $28K in Equity over the Past Year

Written by Tampa Bay Mortgage Syndicated User on July 4, 2024. Posted in Equity, For Sellers, Mortgage Tampa, Selling Tips, Tampa Bay Mortgage, Tampa Mortgage.

If you own a home, your net worth has probably gone up a lot over the past year. Home prices have been rising, which means you’re building equity much faster than you might think. Here’s how it works.Equity is the current value of your home minus what you owe on the loan.Over the past year, there have still been more people wanting to buy than there are homes available for sale, and that’s pushed prices up. That rise in prices has translated directly into increasing equity for homeowners.How Much Equity Have You Earned over the Past 12 Months?According to the latest Homeowner Equity Insights...

What To Do When Your House Didn’t Sell

Written by Tampa Bay Mortgage Syndicated User on July 2, 2024. Posted in For Sellers, Mortgage Tampa, Selling Tips, Tampa Bay Mortgage, Tampa Mortgage.

If your listing expired and your house didn’t sell, it’s totally natural to feel a mix of frustration and disappointment. And as you’re working through that, you’re probably also wondering what went wrong and what you should do next.If you still need to move and want to get it back on the market, here are some things to consider as you look back.Was It Priced for Today’s Market?Setting the right price from the start is key. While it might be tempting to try shooting high with your price, that can slow down the selling process big time. If your house was priced higher than others similar to it,...

The Downsides of Selling Your House Without an Agent

Written by Tampa Bay Mortgage Syndicated User on June 22, 2024. Posted in For Sale by Owner, For Sellers, Infographics, Mortgage Tampa, Selling Tips, Tampa Bay Mortgage, Tampa Mortgage.

Some HighlightsConsidering selling your house without an agent? You should know there are some serious downsides to handling it on your own.You’ll be missing out on marketing tools that draw in more buyers, pricing and market expertise, essential negotiation skills, in-depth knowledge of the fine print in contracts, and so much more.Don’t take all of this responsibility on. Instead, connect with an agent so you have someone with the knowledge and experience you’ll need on your side.

Selling Smart: Why a Real Estate Agent Makes All the Difference

Written by Tampa Bay Mortgage Syndicated User on June 11, 2024. Posted in For Sale by Owner, For Sellers, Mortgage Tampa, Selling Tips, Tampa Bay Mortgage, Tampa Mortgage.

If you’re considering selling your house on your own as a “For Sale by Owner” (FSBO), you want to think about if it’s really worth the extra stress. Going this route means shouldering a lot of responsibilities by yourself – and, if you’re not an expert, that opens the door for mistakes to happen and can quickly become overwhelming.A report from the National Association of Realtors (NAR) shows two key areas where people who sold their own house struggled the most: pricing and paperwork.Here are just a few of the ways an agent makes those tasks a whole lot easier.Getting the Price RightSetting...

Your Equity Could Make a Move Possible

Written by Tampa Bay Mortgage Syndicated User on June 7, 2024. Posted in Equity, For Sellers, Mortgage Tampa, Selling Tips, Tampa Bay Mortgage, Tampa Mortgage.

Many homeowners looking to sell feel like they’re stuck between a rock and a hard place right now. Today’s mortgage rates are higher than the one they currently have on their home, and that’s making it harder to want to sell and make a move. Maybe you’re in the same boat.But what if there was a way to offset these higher borrowing costs? There is. And the money you need probably already exists in your current home in the form of equity. What Is Equity?Think of equity as a simple math equation. Freddie Mac explains:“. . . your home’s equity is the difference between how much your home is worth...

How an Agent Helps Market Your House

Written by Tampa Bay Mortgage Syndicated User on May 30, 2024. Posted in For Sellers, Mortgage Tampa, Selling Tips, Tampa Bay Mortgage, Tampa Mortgage.

You’re ready to sell your house. But what do you need most from your real estate agent? Well, the National Association of Realtors (NAR) asked that very question to recent sellers and found one of the top things they were looking for is help marketing their house to potential buyers. Maybe that’s what you need the most help with too.You expect your real estate agent to write a great description of your house for the listing and pair it with some high-quality photos. But that’s not all you’re going to get when you partner with a great agent.They’ll do a lot more to make sure your house stands...

Questions You May Have About Selling Your House

Written by Tampa Bay Mortgage Syndicated User on May 24, 2024. Posted in For Sellers, Mortgage Tampa, Selling Tips, Tampa Bay Mortgage, Tampa Mortgage.

There’s no denying mortgage rates are having a big impact on today’s housing market. And that may leave you with some questions about whether it still makes sense to sell your house and make a move.Here are three of the top questions you may be asking – and the data that helps answer them.1. Should I Wait To Sell?If you’re thinking about waiting to sell until after mortgage rates come down, here’s what you need to know. So are a ton of other people.And while mortgage rates are still forecasted to come down later this year, if you wait for that to happen, you may be dealing with a lot more competition...

Thinking of Selling? You Want an Agent with These Skills

Written by Tampa Bay Mortgage Syndicated User on May 15, 2024. Posted in For Sellers, Mortgage Tampa, Selling Tips, Tampa Bay Mortgage, Tampa Mortgage.

Selling your house is a big decision. Your home is one of the biggest investments you’ve probably ever made, and it’s a place where you’ve created countless memories. That combo means there’s going to be a lot of emotions involved. You want someone who understands your perspective, knows what it feels like, and is an expert at helping homeowners just like you navigate the process of selling a home.That’s where a good listing agent, also known as a seller’s agent, comes in. Here are just a few skills you’ll want your agent to have.The Ability To Turn Something Complex into Something SimpleSome...

The Sun Is Shining on Sellers This Summer [INFOGRAPHIC]

Written by Tampa Bay Mortgage Syndicated User on May 11, 2024. Posted in For Sellers, Infographics, Mortgage Tampa, Selling Tips, Tampa Bay Mortgage, Tampa Mortgage.

Some HighlightsIf your needs have changed, now’s a great time to sell and get the features you want most.Many buyers are eager to move between the school years, so you may see a faster sale, multiple offers, a higher final sales price, and more.If you want to get your house ready for a summer listing, connect with a local real estate professional.

Category: Selling Tips