When looking for your home, there are all these questions that are coming through your mind. You're probably wondering is it even possible to buy a home? You may want to know the steps you have to take to buy a new home. You might want to sell your home and you are wondering how to do so.
Below we have created a list of easily accessible links that may answer those kinds of frequently asked questions about buying and selling real estate. We will continue to update this page as we write about new topics, but for now, here are some hot topics to check out about buying and selling real estate in Wilmington, NC and the surrounding areas.
The right time to sell is when you are ready! If you think you are ready to sell your home in Wilmington, NC, then let's talk about it! If you wait for the market, you might not get exactly what you are looking for. Timing the market is a tricky practice. If you are selling because of transferring here to the Wilmington area, then what the market will do next year may be different (better or worse) than what it is this year. If you are just wanting to downsize, then you might have more time to wait until the market improves to make sure you are getting the most from your investment. Selling is always up to you, but we can help you make the process easier.
There are many reasons why homes and condos fail to sell. The three most common reasons for a home not selling: poor condition, being overpriced, or lack of dynamic marketing by the real estate agent.
Poor condition: Having your home still be in poor condition when you are ready to sell is not the best choice when it comes to marketing your property. Buyers who are on a property search tend to immediately overlook homes for sale that are in poor condition in order to find properties that are more well kept. The less work the buyer has to do after purchasing a property, the more inclined they are to choose that home for sale.
Overpricing: While you shouldn't just have to "give" your property away, you should always be able to determine your home's market value and price accordingly based on the surrounding homes in the area. Some property owners in Wilmington are so set on trying to get the original price they paid for their home or condo when in an unfortunate reality, the market doesn't call for that particular price anymore. This is why having an experienced and knowledgeable real estate agent in the area is important so that you can be sure that you are setting the right price for your property, even if it means going under what you originally paid so that you can sell your home in a reasonable amount of time.
Marketing: With the tech world increasing, so has the level and need for an aggressive marketing plan. Long gone are the days of just looking through pamphlets for real estate in the market; now, agents have to come up with ways to market homes for sale that go above and beyond just waiting for it to sell on its own. Your property can meet all the buyer's desires and still get overlooked if there are not any efforts made to market your home accordingly.
While the time it takes to sell a home or condo varies from property to property, homes in Wilmington have been selling fairly quickly due to a hot market. However, once again, there are variables to this, depending on conditions, pricing, and marketing. Working with a knowledgeable real estate agent can help sell your home quicker--especially if they know how to market the property correctly and can give you advice on how to get your home in shape to sell.
You certainly don't have to pay the closing costs for the buyer, but it could help if the buyer has enough for the down payment, but not enough for the closing costs. Pay attention to net proceeds are closing to see if paying closing costs and helping out the buyer would be a viable option for the selling of your home without you compromising on what you receive from the closing price of your home.
Questions about a short sale vary from owner to owner, so this is a question that would better be answered by phone or in person. Contacts us if you are curious as to how short sales work and if there is a chance you can qualify for a short sale.
Not only were we nominated for Best Real Estate Agency in Wilmington with Encore Magazine for 2017, but we strive to be the best at what we do. Our agents study the real estate market very carefully to ensure you receive the most current, the most accurate, and the soundest real estate advice possible. We focus on providing quality customer service and are committed to making sure that you have the easiest process with buying and selling real estate in Wilmington, NC. We also have an aggressive marketing plan that we provide to those who choose us to help them sell their homes. Call us anytime with any real estate questions you have.
Easy--all of our agents work full time. We know that real estate sales are often the largest financial transaction that someone will make, so we hold firm to the fact that you deserve an agent that's willing to work full time in their career and meet all of your real estate needs.