Redy

Starting August 17th, the new rules stemming from the NAR settlement will take effect and change home buying & selling as we know it. In an interview with CNN, Shelly Cofini, Redy’s CSO, discussed the impact of the lawsuit on the industry and Redy. Check out the article by Samantha Delouya to learn how real estate agents are preparing for this shakeup: https://lnkd.in/g3W2us3H

History shows that prime rates often drop in the quarter before a national election, and that could be meaningful. Our president and executive chair, Chris W., was recently featured in an GOBankingRates and Yahoo Finance article and offered his expertise on whether it’s better to buy a home after the election. Read the full article from Nicole Spector at the link below: https://lnkd.in/gJ9GDW29

Real estate commissions are changing and that means more options when it’s time to sell your home. In the coming months, don’t be surprised to find agents advertising lower commissions than the common 3% listing fee. Other agents may move completely away from commissions to a flat-rate service. (Some already have!) But there are pros and cons to these changes. You can save some money, but here’s what else you might also get: ✅ Fewer services: Agents probably won’t offer their full suite of services at a discounted price. If you’re paying them less to help sell your home, you’ll probably get less in return. ✅ Less experience: Agents who discount their commission might be newer. They may not have the negotiating experience you need to get the most value for your home. ✅ Longer time to sell your home: Some agents may cut back on their marketing services (which can cost thousands of dollars) when they cut the commission. Without a full marketing plan in place, your home may take longer to sell. Be informed about the changing landscape of real estate commissions. Learn more today on the Redy blog: https://lnkd.in/giDdz_ga

Have you seen how expensive it is to sell a house? The experts we spoke with say it typically costs about 8-9% of your home’s final sales price—that’s about $35,000 on a $400,000 home. You can save money by working with an agent who charges less than the common 3% listing fee. But is it worth it? That depends on how you value savings vs. service. An agent charging 3% should provide you with their full suite of listing services, from prepping the home to sell to marketing it to prospective buyers to negotiating the sale and much more. An agent charging 2% (or less) might provide only these services: ➡️ listing your home in the MLS ➡️ limited marketing ➡️ reviewing offers with you ➡️ negotiating concessions and price ➡️ guidance through closing Before you decide to save 1%-2% in agent fees, be sure you know the trade-offs. Learn more on the Redy blog: https://lnkd.in/giDdz_ga And remember, Redy can help you keep more money in your pocket without sacrificing the services your agent provides!

Did you know the median home price in Florida was $410,000 in 2023? The value of an individual home depends on its size, location, and other factors. So how can you be sure that you’re not under or overselling your property? Real estate professionals understand that home sellers have an emotional connection with their homes that can cause some to overprice it. 🥹 Having an expert guide you toward a realistic price can get your Florida home sold faster. Find out how Redy can help you with your home-selling needs in Florida: https://lnkd.in/gUPAe8UZ

You would think that selling a house in Florida would come easy. Beautiful weather, amazing beaches, and Disneyland is literally right there! 🌴 It must be easy, right? Well, maybe not. About 1 in 3 people who sold their home themselves say they made legal mistakes along the way. How can you avoid that? Researching real estate laws in your state, and understanding how to market your property is a good place to start. For example, home inspections are not required by law in Florida. But most buyers will insist on one before a sale. You'll need to include the report after the inspection is complete. We think it’s better to find an agent who can make the whole process a walk on the beach. 🏖️☀️ Redy offers multiple agents you can vet and determine independently if their experience works for you and your Florida property. Learn more on Redy.com: https://lnkd.in/gUPAe8UZ

It’s not *impossible* to sell your Texas home without a real estate agent’s help. However, since this is a major financial and, let's face it, a major life decision, you should consider all the pros and cons of selling your property on your own. After all, most home sellers in Texas (and 89% of home sellers in the US) enlist the help of an agent for good reason. 😅 Find out why more people opt to hire a real estate agent in Texas by reading our latest blog post: https://lnkd.in/gdN6sEpx And once you’re done, find the agent that’s perfect for you on Redy.

Everything is bigger in Texas. 🐎 That includes the pressure and challenges of selling your home yourself, also known as FSBO (For Sale by Owner). Texas real estate expert Donald Wright says this doesn't happen very often because most Texans eventually realize that they need help getting through the often tedious process of selling their homes. In our latest Redy blog post, Wright explains how hiring a listing agent can help sellers handle the paperwork of a home sale, analyze similar homes in the area, manage showings, and so much more: https://lnkd.in/gdN6sEpx

Your home’s value is changing all the time. 💰 We want to make the home-selling process as easy as possible for you and give you more insight on how to maximize your property’s potential. For starters, It’s imperative for home sellers to know the difference between the phrases buyer’s market and seller’s market: ➡️ A buyer’s market occurs when more homes are available than buyers looking to purchase. This surplus of inventory gives buyers an advantage. ➡️ A seller’s market arises when there are more buyers looking to purchase homes than there are properties available for sale. This creates a competitive environment favoring sellers. Read more on the Redy blog to find out how this impacts your property value: https://lnkd.in/gjkif_cj

Life moves fast and you’re moving with it. But how do you get your property off the market just as quickly? First step, make sure to price it competitively using a comparative market analysis. 📈🏠 In 2024, CNBC reported that the hottest markets right now are in more affordable locations and have become a seller’s market. While high-population, high-cost areas are currently trending downward. Check out Redy’s blog to learn more about what steps to take to sell your home faster in today’s market: https://lnkd.in/gk8gWEbp