HouseCanary’s Post

The cost of residential fall-throughs increased by almost 12% during the first quarter of this year, costing UK home sellers £220m. It can be estimated that the average cost of a fall-through currently stands at £3,388, according to Property Reporter. Looking to make the #conveyancing process less uncertain for your clients? #SearchPledge protects your client's search costs against seven specific risks > https://hubs.la/Q02FywwZ0

With recent changes to the rules as to how real estate professionals are compensated; market conditions; longer than usual days on the market of homes for sale; interest rate changes, floating myths and stigmas that are being introduced to the general public by various media and outlets that are not quite the professionals can cause quite a bite of confusion and mistrust, equating to unease and uncertainty for buyers, sellers and investors. I am here to tell you today, that the success of my clients (sellers & buyers of residential and commerical) transactions are not based on assumptions but rather data set risk analysis per markets of interest that I examine then provide fit for purpose purchase & marketing plans for buyers and sellers that yield the win. Cutting corners, doing it yourself and or relying on a friends or family members because you like them does not provide to you the Legal Protection that is required to ensure compliance is certain from the start to completion of your transaction. I passionately share with you 🫵 that it is imperative to hire a Licensed Real Estate Professional or Consultant such as myself that is fit to perform to the highest level of competency, with integrity and honesty to ensure compliance measures are met. Click on the below link to my blog that discusses some core reasons why you should hire a licensed real estate professional. https://shorturl.at/mqKTt Let's talk today! Booker Terrell JLA Realty - Consultant 📱 281 467 8111 🖥 bookerterrell.realtor

You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions. And if you’re following along, it can be pretty confusing. But here’s the thing you really need to know – expert advice from a trusted real estate agent is priceless, now more than ever. And here’s why. A real estate agent does a lot more than you may realize. 1. Deliver Industry Experience The right agent – the professional – will coach you through everything from start to finish. 2. Provide Expert Local Knowledge In a world that’s powered by data, a great agent can clarify what it all means, separate fact from fiction, and help you understand how current market trends apply to your unique search. 3. Explain Pricing and Market Value Agents help you understand the latest pricing trends in your area. 4. Review Contracts and Fine Print In a fast-moving and heavily regulated process, agents help you make sense of the necessary disclosures and documents, so you know what you’re signing. 5. Bring Negotiation Expertise From offer to counteroffer and inspection to closing, there are a lot of stakeholders involved in a real estate transaction. Having someone on your side who knows you and the process makes a world of difference. Real estate agents are specialists, educators, and negotiators. They adjust to market changes and keep you informed. And keep in mind, every time you make a big decision in your life, especially a financial one, you need an expert on your side. Expert advice from a trusted professional is priceless. DM me today.

📣 Important Update: New NAR Regulations Affecting Buyers and Sellers Starting August 17, 2024, new regulations from the National Association of REALTORS® (NAR) will impact how real estate transactions are conducted. Here’s what you need to know: FOR BUYERS: Written Agreements Required: Before touring homes, you’ll need to sign a written agreement with your real estate agent. This agreement will detail how compensation is handled and ensure transparency. Compensation Details: The agreement must clearly state the amount or rate of compensation, which must be objectively determined and not open-ended. FOR SELLERS: Compensation Disclosure: Your listing agreement must disclose any payments to other brokers and specify amounts or rates in advance. No Compensation Filters: Listings cannot be filtered based on compensation levels offered to brokers.

You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions. And if you’re following along, it can be pretty confusing. But here’s the thing you really need to know – expert advice from a trusted real estate agent is priceless, now more than ever. And here’s why. 1. Deliver Industry Experience The right agent – the professional – will coach you through everything from start to finish. 2. Provide Expert Local Knowledge In a world that’s powered by data, a great agent can clarify what it all means, separate fact from fiction, and help you understand how current market trends apply to your unique search. 3. Explain Pricing and Market Value Agents help you understand the latest pricing trends in your area. 4. Review Contracts and Fine Print In a fast-moving and heavily regulated process, agents help you make sense of the necessary disclosures and documents, so you know what you’re signing. 5. Bring Negotiation Expertise From offer to counteroffer and inspection to closing, there are a lot of stakeholders involved in a real estate transaction.

Tips for Buyers to Secure Property in a Hot Market In current hot markets like Perth, properties are selling rapidly, leaving buyers frustrated amidst fierce competition. Here are essential strategies to navigate the challenging market. Secure Finance Pre-Approval: Obtain pre-approved finance to demonstrate seriousness and capability to sellers. This step eliminates delays and strengthens your position during negotiations. Act Promptly: Have all necessary resources ready, including solicitors, inspectors, and deposits, to expedite the buying process and outpace competitors. Collaborate with Agents: Establish a rapport with agents to gain insights, guidance, and support throughout the purchasing journey. Keeping agents informed of your progress enhances their ability to assist you effectively. Stay Informed about the Market: Regularly review market reports and property listings to understand trends, pricing, and competition. Websites like Domain and realestate.com.au offer valuable information for informed decision-making. Be Proactive: Take initiative by promptly scheduling property viewings and making timely offers. Waiting for open houses may result in missed opportunities in a fast-moving market. Submit Strong Offers: Present competitive offers close to your maximum budget to signify commitment and deter rival bids. Avoid lengthy negotiations and complex contingencies that could impede the buying process. Consider Flexibility: Accommodate sellers' preferences regarding settlement dates, potentially gaining a competitive edge among multiple offers. Maintain Standards: Resist the temptation to compromise on property standards due to market pressure. Apply consistent criteria for evaluating properties regardless of market conditions. Seek Guidance: Reach out to us for professional advice and support tailored to your specific circumstances and concerns. Navigating a hot market demands proactive engagement, financial readiness, and informed decision-making. By implementing these tips, buyers can enhance their prospects of securing desired properties amidst intense competition. #property #hotmarket #professionaladvice #buyersagent #memes

It's that time again! Daniel Heaton is excited to have the opportunity to speak again as part of a panel of seasoned experts in the upcoming CAI Orange County program, "What Every Realtor Should Know Before Listing and Selling in a Homeowners Association." Hosted by the Orange County Realtors, the program will help Realtors gain a working knowledge of key issues that arise when selling properties in an HOA: - What items constitute an HOA's "Governing Documents"?  - What is Common Area or EUCA? Who maintains these areas? - What are the most important HOA financials to review with clients? - What's insured in an HOA? And by whom? - What's a Reserve Study? What are the required transaction disclosures?

Here are just a few of the ways a real estate expert is invaluable: Contracts – Agents help with the disclosures and contracts necessary in today’s heavily regulated environment. Experience – In today’s market, experience is crucial. Real estate professionals know the entire sales process, including how it’s changing right now. Negotiations – Your real estate advisor acts as a buffer in negotiations with all parties, and advocates for your best interests throughout the entire transaction. Industry Expertise– Knowledge is power in today’s market, and your advisor will simply and effectively explain processes, market conditions, and key terms, translating what they mean for you along the way along the way­. Pricing – A real estate professional understands current real estate values when setting the price of your home or helping you make an offer to purchase one. Read on to learn more: 👉 https://loom.ly/-GBVbJo 𝐃𝐚𝐧𝐢𝐞𝐥 𝐄𝐛𝐫𝐚𝐡𝐞𝐦𝐢 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 | 𝐂𝐨𝐥𝐝𝐰𝐞𝐥𝐥 𝐁𝐚𝐧𝐤𝐞𝐫 𝐑𝐞𝐚𝐥𝐭𝐲 𝟒𝟎𝟖.𝟕𝟔𝟏.𝟐𝟖𝟖𝟑 𝟔𝟓𝟎.𝟑𝟖𝟓.𝟖𝟕𝟒𝟕 𝐝𝐚𝐧𝐢𝐞𝐥.𝐞𝐛𝐫𝐚@𝐜𝐛𝐫𝐞𝐚𝐥𝐭𝐲.𝐜𝐨𝐦 𝐝𝐚𝐧𝐢𝐞𝐥𝐞𝐛𝐫𝐚𝐡𝐞𝐦𝐢.𝐜𝐨𝐦 𝐂𝐚𝐥𝐑𝐄#: 𝟎𝟏𝟖𝟒𝟏𝟒𝟖𝟎

Why Should Every Estate Agent Recommend a Surveyor? As estate agents, I’m sure you’re always looking for ways to streamline the sales process and build trust with your clients. Here's why recommending a trusted surveyor can be a game-changer: 💡 Early Identification of Challenges.. By identifying potential issues early, we can address them with the client while the sale still has momentum, ensuring a smoother process. 🤝 Build Trust with Buyers.. Recommending a survey shows buyers you're committed to transparency and their best interests. It also allows you to gauge their commitment. ⏱ Speed Up Sales and Reduce Fall-Throughs.. Proactively embracing surveys at the start accelerates the process and minimizes the chances of the deal falling through. Let's work together to make every sale quicker and more reliable. I’m always here to assist with all your survey or valuation needs. Feel free to reach out for more information or to discuss any challenges you’re facing. #RealEstate #Survey #Valuation #EstateAgents #ClientTrust #ArnoldAndBaldwin

The short answer is no. If you see a house for sale and you simply want us to show you that house, you’re not required to sign a contract. Simply viewing a home with us doesn’t trigger a regulatory requirement to sign a contract. However, if you start sharing confidential information such as your motivation for buying or your financial qualifications, we have the responsibility to clarify our working relationship with you by presenting the Consumer Relationships Guide. The Consumer Relationships Guide is a mandatory document that explains the different types of working relationships between your Realtor® and you, the consumer. The Consumer Relationships Guide is not a contract. It does not commit you to a specific ongoing working relationship with us but it is an essential document that outlines what working with a Realtor® entails. It contains an acknowledgement that consumers have to sign indicating they’ve read the guide, understand it and have had the opportunity to ask us questions. Real estate goes beyond just opening doors….. Connect with our team here 👉 587.989.6005 or carole@blackmorerealestate.ca