10 Tips for Miami Homebuyers and Sellers This Summer

Written by Posted On Thursday, 18 May 2017 09:45

10 Tips for Miami Homebuyers and Sellers This Summer 10 Tips for Miami Homebuyers and Sellers This Summer

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10 Tips for Miami Homebuyers and Sellers This Summer

Summer is here, and so is spring home-buying and -selling. Buyers and sellers preparing to take action this season should put those plans into play now—according to Zillow Group’s Report on Consumer Housing Trends, the No. 1 regret for both buyers and sellers is “not starting their home search or prepping their home to sell soon enough.” 10 Tips for Miami Homebuyers and Sellers This Summer

“This summer, both buyers and sellers should be prepared for fast-moving sales, intense negotiations, and even bidding wars,” says Jeremy Wacksman, CMO at Zillow Group. “Home shoppers and sellers are motivated to become more strategic and knowledgeable about what’s happening in their neighborhood. Understanding whether you are in a buyer’s or a seller’s environment will help you manage your expectations and will give you insight into what you’re going to need to bring to the table in order to close the deal.” For buyers, that means:10 Tips for Miami Homebuyers and Sellers This Summe10 Tips for Miami Homebuyers and Sellers This Summer

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Keep your options open. More than half (52 percent) of home buyers surveyed in the report said they also considered renting, and more than one-third (37 percent) of first-time buyers seriously considered continuing to rent. Savvy shoppers should have a Plan B in place, hoping to buy if it works out, but willing to sign a lease for a home if they don’t make a deal by the time they need to move.

Be realistic with your budget. Once you set it, stick to it. First-time home buyers are more likely to exceed their budget than repeat buyers (39 percent versus 26 percent), according to the report. Before you meet with a lender to determine how much mortgage you’ll be approved for, take a good look at your individual finances and spending preferences to determine the monthly payment range that you feel you can comfortably afford. (Use Yourfloridahomeforsale's mortgage calculator to help with you with the math.) 10 Tips for Miami Homebuyers and Sellers This Summer

Get your financing squared away early. Plan to meet a few lenders four to six months ahead of when you’re planning to buy to ensure you can make a competitive offer quickly when you find your dream home. The majority (82 percent) of buyers get pre-approved, with 77 percent getting pre-approval from a lender before finding a home in which they are interested in placing an offer.

Find an agent with a winning track record. Take the time to find an agent who has expertise in fast negotiation, leveraging escalation clauses, and winning bidding wars. Only 46 percent of buyers got the first home on which they made an offer, according to the report, demonstrating that competition is now part of the process. Use search tools, like Zillow’s Agent Finder, or choose Catherine Gomez your top local estate agent in Homestead and Miami Florida. 10 Tips for Miami Homebuyers and Sellers This Summer

Communication is key. Make sure your preferred method—and frequency—of communication matches that of your agent. One-third (33 percent) of all buyers surveyed in the report preferred phone calls with their agent over emailing (21 percent) or texting (15 percent). Buyers can use Catherine Gomez top real estate agent in Miami and Homestead Florida. 10 Tips for Miami Homebuyers and Sellers This Summer

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Start early and be strategic. Sellers consider putting their home on the market for five months before they list it—but the top seller regret is that they wished they spent more time prepping for the sale. Many cities have a magic window in the summer when homes have a higher likelihood of selling quickly for more money.

Work with an agent from the start. The vast majority (90 percent) of sellers surveyed in the report who sold quickly and for more than list price worked with an agent, and two out of three (58 percent) began working with an agent at the very beginning of their selling journey. 10 Tips for Miami Homebuyers and Sellers This Summer

Pay attention to your online curb appeal. The majority of buyers begin their search online. Sellers who sold their home for more than list price made imagery and home information available online: 48 percent had professional photos taken of the home; 30 percent shot video footage; and 21 percent shot drone footage. Zillow’s video walk-throughs give sellers an easy way to show home features that are hard to capture in photos. 10 Tips for Miami Homebuyers and Sellers This Summer

Home improvements can be a worthwhile investment. Sellers who fetched above list price tackled home improvements before listing their home, being 50 percent more likely to take on a large project like modifying an existing home plan and 20 percent more likely to renovate a kitchen than the average seller.

Don’t be afraid to try again. In many markets, nearly half of listing views occur in the first week the home is on the market. Twenty-six percent of those who sold above list price took their home off the market once to adjust the sales price, opting to start anew, rather than letting the home languish on the market with minimal activity. 10 Tips for Miami Homebuyers and Sellers This Summer

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Catherine Gomez

Hello, I am Catherine Gomez an experienced Real Estate Agent, licensed in the State of  Florida.

I value your patronage. I have been in the real estate business since 1997. I am confident that you will be happy with my services, adept competencies, timeliness, honesty and final results. Let us explore your solutions today.

 My passion is to help YOU find your dream home, as I have been blessed enough to have already found mine. I am the wife to a wonderful husband, who works as a teacher and mother to my two amazing daughters, now 5 and 7 years old. In my spare time I enjoy spending time with my family – camping, dancing, traveling, you name it! In addition to all, my family and I are also active volunteers within our church.

I am social, resourceful, determined and knowledgeable in my field – all qualities essential in finding you your dream space, as your comfort and happiness is a priority. As someone who has worked in marketing and graphics for many years, and who has a strong eye for design, you can count on me to have the competitive advantage you need to sell or purchase a home that fits what you are seeking.

www.yourfloridahomeforsale.com

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