The 2021 holiday season has officially begun! We hope you are as excited as we are.
We’d like to take a moment to express our gratitude to all of you this Thanksgiving. We have met some truly wonderful people, and we’re proud to have helped so many reach their real estate goals over the years.
We wouldn’t be where we are today without all of your support.
Enjoy your Thanksgiving dinner—that’s what we plan to do!
In the meantime, please don’t hesitate to reach out to us if you have any real estate questions. We would be happy to help you.
Today, I’ll go over the effects of COVID on our real estate market. We serve the Merrimack Valley area in Massachusetts, and we’ve recently seen a lot of our listings receive multiple overbids. In one case, we had 40 offers, and the home sold for $125,000 over asking. That has made a lot of people think their home is worth more than what it is. It’s still a seller's market, but the strategy to net more money from your sale starts at the beginning. You need to price appropriately to incite multiple offers because the market has slowed down.
The average days on market used to be two or three days, and now we’re seeing houses stay on the market for a week or two. We are also finally seeing more inventory. With all these market changes, the optimal strategy is to price your home correctly to sell quickly.
If you have any questions, please feel free to call us at 978-256-3306 or go to homesareus.com. We look forward to hearing from you and helping in any way we can.
Today we want to talk about five things you want to bring with you to the closing table. There’s a lot more involved in the closing process, but these are the things you want with you in the car as you’re on your way to close:
1. Keys. This is especially important if you are a seller. The last thing you want is to close on a sale only to have your buyer locked out of their new home.
2. Identification. We’ve seen a few times where people show up with an expired driver's license. This can clog up the whole process, and gives your buyer or seller more time to get cold feet. If you don’t have a driver’s license, make sure you bring another form of acceptable identification, such as a passport.
3. Certified check. The closing attorney won’t accept your personal check, so make sure you bring a certified check to closing.
The last thing you want to do is hold up the closing.
4. Blank personal check. This isn’t absolutely necessary, but it’s nice to have just in case. If you need to pay someone $100 for whatever fee you forgot about, you won’t hold up the closing.
5. Utilities. This is especially important for buyers. You don’t want to move into a home and have a great housewarming party only to have the lights turned off. Make sure you call your utility company before you close.
If you have any questions about today’s topic, please don’t hesitate to give us a call at 978-256-3306 or visit our website at www.homesareus.com. We look forward to hearing from you!