3 Tips to Get Your Offer Accepted in a Competitive Market: By David Reecher

#1: Make sure you’ve offered a competitive price on the home, if there are multiple offers, and you are able to remove the appraisal or loan contingency, then that’s a possible consideration.

#2: Put down a larger earnest money deposit to show you are serious.

#3: And the most important advice: The agent representing you is the key – get an agent who has a lot of experience and who knows how to make you shine against all other buyers.

Also read https://davidreecher.blogspot.com/2022/04/david-reecher-new-construction.html  

David Reecher: Senior Housing Statistics since 2010

 Senior-related housing has increased slightly from 11 percent to 14 percent of buyers over the age of 50. 

• Many of these (68 percent) purchased a detached, single-family home.
• Fifty percent bought in a suburb or subdivision, down slightly from 52 percent in 2020.  
• When not purchasing in the suburbs, buyers focused on small towns (16 percent, down from 19 percent). 
• Increasingly, senior buyers are looking to resort or recreational areas (17 percent up from 13 percent in 2020. 

David Reecher and the Rapid Results Team at eXp Realty can be reached at 443-623-2565, David.reecher@eXpRealty.com

David Reecher: Home Buyers Now Have Access to Some Great NO MONEY down program

Today, there are NO Money down loan programs available. And most FHA loans require only 3 ½ percent, while conventional loans can be as little as 3 or 5 %. Putting 20% down is great if you can do it, but you can still get a very low interest rate loan even if you’re only putting down 3.5%.

David Reecher and the Rapid Results Team at eXp Realty can be reached at 443-623-2565, David.reecher@eXpRealty.com

As a Home Seller, Should You Take the First Offer That Comes In? By David Reecher, Rapid Results Team at eXp Realty!

The Answer is, NO NO NO.

Here’s why, if you take the very first offer, you’re not allowing time for the home to be exposed to everyone.

The goal is for your home to be seen by the masses and then to make sure we are getting the highest price and the best terms for your home.

So don’t just take the first offer that comes in. Make sure your home is properly marketed and exposed to ensure that you're getting the maximum return on your investment.

David Reecher and the Rapid Results Team at eXp Realty can be reached at 443-623-2565, David.reecher@eXpRealty.com

Also check out https://davidreecher.tumblr.com/post/675235215398060032/david-reecher-thinking-about-selling-your

 

David Reecher - New Construction Home market in 2021-2022

While new construction was seen by many as a way out of COVID-related inventory shortages, supply chain and labor challenges kept it from fully taking advantage of the opportunities offered by the 2021 market. While in 1989, 29 percent of buyers purchased a new home, only 15 percent did so in 2021. 

David Reecher and the Rapid Results Team at eXp Realty can be reached at 443-623-2565, David.reecher@eXpRealty.co