Rise Transaction Management

What’s a Real Estate Contingency Anyway? 📑 Contingencies are basically safety nets in contracts—conditions that have to be met for a deal to go through. From inspections to appraisals, each one protects your clients in different ways. But keeping up with them all? That’s a job of its own! ✨ Inspection Contingency: Gives buyers the chance to inspect a property and renegotiate or withdraw if major issues pop up. 💵 Financing Contingency: If a buyer’s mortgage falls through, this lets them step back without penalty. 📉 Appraisal Contingency: Ensures buyers don’t overpay by allowing renegotiation if the property appraises for less. 🏠 Sale of Buyer’s Property Contingency: Perfect for buyers who need to sell their current home first—it gives them peace of mind and flexibility. Keeping track of these details can be a lot, but that’s where we come in! We’re here to handle the specifics so you can focus on your clients and close smoothly. Want a simpler, smoother transaction? Set up a call with us today! #realestateagent #realtor #realty #realestatehumor #realestatelife #realestatetips #realestateinvesting #realestatelifestyle #realtorlife #realestatemarketing #realestatetransactions #transactionmanagement

Think three months isn't enough time to find your dream home? The good news: I've got a fast-track timeline to help you make the most of the 90 days you've got left of 2024. Here's the game plan OCTOBER: • Secure a pre-approval letter ASAP. Understanding your budget and buying power will streamline your house hunt. • Connect with an agent: A skilled agent will be your advocate and representative to guide you throughout the entire process. • Research online listings and attend open houses. This will help you refine your priorities and prepare you to make an offer quickly. NOVEMBER: • Find your perfect match and be ready to pounce on it as soon as it hits the market. • Make an offer. Give your highest and best first and ask for a quick closing date. • Once your offer is accepted, schedule a thorough inspection the same day so you can uncover any potential issues. DECEMBER: • Close the deal and secure your keys. Pop the bubbly — you're a holiday homeowner! • Lock in reliable movers to ensure a smooth transition into your new space. (I can recommend a great one!) • Embrace the holiday spirit but keep decorating and meals simple this year. The best gift you can give yourself is time with loved ones in your new home! Any post suggestions? Send us a DM - we'll cover it for you! #realestateagent #realtor #realty #realestatehumor #realestatelife #realestatetips #realestateinvesting #realestatelifestyle #realtorlife #realestatemarketing #realestatetransactions #transactionmanagement

Ever wondered why the role of a Transaction Coordinator (TC) can look a bit different depending on where you’re working? 🧐 It’s all about the state rules! But no matter where you are, we’re here to keep your deals smooth and stress-free. Curious about how a TC can help your business? Let’s chat! 🤝 Click the link in our bio to set up an appointment. ✨ #realestateagent #realtor #realty #realestatehumor #realestatelife #realestatetips #realestateinvesting #realestatelifestyle #realtorlife #realestatemarketing #realestatetransactions #transactionmanagement

One thing we thought we left in 2021? Bidding wars. The truth is, bidding wars are still very much a thing in 2024. If you’re a prospective home buyer, you’ve likely heard about the chaos they bring. Here’s what I've seen work best in these situations: 1. Be fast on your feet To me, that means you're paperwork ready with a pre-approval letter in hand. You know your wants vs. needs. So when the right house comes along, we're ready to pounce. 2. Embrace limited information In a perfect world, we'd know every last detail about the listing, but in some cases, there won’t be time to look into it before offers are due. That doesn't mean you're going in blind—if your offer is chosen and you go under contract, you'll have the inspection period to do more thorough diligence. 3. Present your best offer at the onset You may need to put it all out early without knowing what anyone else offers. Don’t hesitate to go for it — in many cases, buyers don't have the luxury of amending an offer later. 4. Keep the seller in mind We’ll do some investigating to understand what’s important to the seller and submit our offer with their motivations in mind. This could look like a shortened closing timeline, a leaseback, or a larger earnest money deposit. Lastly - choose a savvy agent with experience to guide you through the process. At Rise Transaction Management, we’re here to make the buying and selling process smoother for real estate agents. From managing paperwork to coordinating schedules, our team ensures seamless and stress-free transactions. Let us handle the details so you can focus on what you do best—closing deals. Click the link in our bio to schedule a call and learn how we can support you! #realestateagent #realtor #realty #realestatehumor #realestatelife #realestatetips #realestateinvesting #realestatelifestyle #realtorlife #realestatemarketing #realestatetransactions #transactionmanagement

Thinking about hiring a Transaction Coordinator? 🤔 Here are some questions you should ask: 1️⃣ How do you communicate with all parties involved? 2️⃣ How do you track deadlines? 3️⃣ What tools are you familiar with? 4️⃣ What’s your typical response time for updates? 5️⃣ How do you ensure timely completion? 6️⃣ Can you share any testimonials from realtors you've worked with? At Rise Transaction Management, we take care of all these details so you can focus on selling homes. 🏡 Let’s chat and see how I can help you! Click the link in my bio to set up a call. #realestateagent #realtor #realty #realestatehumor #realestatelife #realestatetips #realestateinvesting #realestatelifestyle #realtorlife #realestatemarketing #realestatetransactions #transactionmanagement

Is buying a house with cash ALWAYS the best move? While it may seem like a no-brainer, some buyers who could pay cash still opt for loans. Here are my thoughts as to why: 1) Opportunity Cost By choosing a loan, you free up cash for other opportunities that may pop up, like home repairs and upgrades, big purchases like a car or second home, or even diversifying your investment portfolio. Cash on hand keeps your options open. 2) Tax Perks Loans have tax advantages, like deducting mortgage interest or property tax payments. By taking advantage of these benefits, you will maximize your financial situation and enjoy all the benefits of homeownership. 3) Cash Flow Opting for a loan allows you to maintain a healthy cash flow. With increased liquidity, you're better equipped to handle unforeseen financial challenges that may come your way. It's all about finding the right balance between short-term needs and long-term financial stability. 4) Return on Investment If you have the chance to invest your cash in ventures that offer higher returns than your loan's interest rate, leveraging the loan can be a wise move. 5) Smart Financial Planning Buyers who choose a loan over loot have taken into account their overall financial goals and how homeownership fits into their broader financial landscape. A qualified financial advisor can help you analyze your unique circumstances, evaluate the long-term implications, and align your choices with your objectives. Really, it all comes down to this: The decision between cash and a loan is highly individual and depends on your situation - which is why, at a minimum, you need to assess your options, crunch the numbers, and hear from experts who can provide personalized advice. If we haven’t met yet – We’re Rise Transaction Management. Our goal is simple: to be your partner in streamlining your real estate transactions for seamless closings through full-service coordination. Ready to streamline your business? DM us or set a call through the link in our bio! #realestateagent #realtor #realty #realestatehumor #realestatelife #realestatetips #realestateinvesting #realestatelifestyle #realtorlife #realestatemarketing #realestatetransactions #transactionmanagement

Hey there! Want to spend more time with your clients and less time buried in paperwork? Here are some simple tips to help you focus on what really matters: 1️⃣ Delegate tasks to free up your time. 2️⃣ Use tech to automate and organize your workload. 3️⃣ Set clear boundaries for when you’re with clients. 4️⃣ Take breaks to recharge and stay focused. Feeling overwhelmed with all the paperwork, missed deadlines, and client demands? We totally get it! That's where we come in. Let us handle the details so you can concentrate on what truly matters—your clients and closing those deals. If you’re ready to take a step back from the paperwork and focus on your clients, click the link in our bio to see how we can help! 🥰 #realestateagent #realtor #realty #realestatehumor #realestatelife #realestatetips #realestateinvesting #realestatelifestyle #realtorlife #realestatemarketing #realestatetransactions #transactionmanagement

Around this time of year, I get asked if there's still "enough time" to get a home listed and sold before the end of the year. Let's look at the data ⤵ 🏠 Inventory levels are still low compared to historical averages and it's still expected to be a seller's market. 📉 The recent mortgage rate drop increases buyers’ purchasing power and will likely motivate buyers who've been waiting on the sidelines to enter the market. 💰The median home price in the U.S. sits around $430K but economic research suggests that, on average, home prices increase by 5 to 10 percentage points for every 1 percentage point decrease in interest rates. Of course, local factors will have a big influence on these predictions. (FRED, Sept 2024) P.S. Feel free to repost and if any of your clients have lingering real estate questions, let them know they can ask away in the comments!

Mortgage rates have been dropping (Hallelujah! 🙏) The question everyone is now wondering: "Should I refinance??" Refinancing your mortgage and securing a lower interest rate can mean substantial long-term savings. But deciding whether to refinance your home depends on several factors... 🔖 Here’s how to evaluate if it’s a good time to refinance: YOUR CURRENT RATE A general rule of thumb is to refinance your mortgage when interest rates are at least 1% lower than your current rate. COSTS OF REFINANCING The cost to refinance your mortgage can range from 2% to 4% of the loan amount. You want to be sure that potential savings will outweigh total closing costs. YOUR "BREAK-EVEN" POINT Your break-even point is when you will recoup all the closing costs that come with refinancing your loan. For example, if your closing costs are $5,000 and your monthly savings from refinancing is $200 per month, it would take you 25 months to break even. YOUR FUTURE PLANS If you plan to stay in your home for several more years, refinancing could be a smart move, but if there's a good chance you'll relocate before reaching your break-even point, it's worth reconsidering. DM me for a link to Freddie Mac's mortgage refinance calculator and I'll send it over!

We know it's expensive out there. Would-be home buyers are sitting on the sidelines awaiting lower rates... but there's one thing sellers are doing to make their listings more attractive! They're dangling a little carrot in the form of seller concessions. #realestateagent #realtor #realty #realestatehumor #realestatelife #realestatetips #realestateinvesting #realestatelifestyle #realtorlife #realestatemarketing #realestatetransactions #transactionmanagement