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The Importance Of Using An Executive When Selling Your Home

(Published on - 12/11/2018 1:33:10 PM)

 

When a homeowner decides to sell their house, they obviously want the best possible

price with the least amount of hassles. However, for the vast majority of sellers, the most

important result is to actually get the home sold.

 

In order to accomplish all three goals, a seller should realize the importance of using a real

estate professional! We realize that technology has changed the purchaser’s behavior during

the home buying process. According to the National Association of Realtors’ latest Profile of

Home Buyers & Sellers, the percentage of buyers who used the internet in their home search

increased to 95%.

However, the report also revealed that 95% of buyers that used the internet when

searching for a home purchased their home through either a real estate agent/broker or

from a builder or builder’s agent. Only 2% purchased their home directly from a seller

whom the buyer didn’t know.

 

Buyers search for a home online, but then depend on an agent to find the home they will

buy (52%), to negotiate the terms of the sale (47%) and price (38%), or to help understand

the process (60%).

The plethora of information now available has resulted in an increase in the percentage of

buyers that reach out to real estate professionals to “connect the dots.” This is obvious as the

percentage of overall buyers who used an agent to buy their home has steadily increased

from 69% in 2001.

 

Bottom Line

If you are thinking of selling your home, don’t underestimate the role that a real estate

professional can play in the process.  Call Shannon Vinnick TODAY!


Listing Your Home In The Fall Months

(Published on - 11/20/2018 4:57:06 PM)

fall

 

5 reasons listing your home for sale this fall makes sense:

  1. Demand Is Strong

The Buyer Traffic Report from the National Association of Realtors (NAR) shows that

buyer demand remains very strong throughout the vast majority of the country. These buyers

are ready, willing and able to purchase…and are in the market right now! More often than

not, multiple buyers are competing with each other to buy the same home.

Take advantage of the buyer activity currently in the market.

  1. There Is Less Competition Now

Housing inventory is still under the 6-month supply that is needed for a normal housing

market. This means that, in the majority of the country, there are not enough homes for sale

to satisfy the number of buyers in the market. This is good news for homeowners who have

gained equity as their home values have increased. However, additional inventory could be

coming to the market soon. Historically, the average number of years a homeowner stayed in his or her home was six, but that number has hovered between nine and ten years since 2011. There is a pent-up desire for many homeowners to move as they were unable to sell over the last few years because of a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move. The choices buyers have will continue to increase. Don’t wait until this other inventory comes to market before you decide to sell.

  1. The Process Will Be Quicker

Today’s competitive environment has forced buyers to do all they can to stand out from the

crowd, including getting pre-approved for their mortgage financing. This makes the entire

selling process much faster and much simpler as buyers know exactly what they can afford

before home shopping. According to Ellie Mae’s latest Origination Insights Report, the average

time it took to close a loan was 44 days.

  1. There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move up! The

inventory of homes for sale at these higher price ranges has forced these markets into a

buyer’s market. This means that if you are planning on selling a starter or trade-up home,

your home will sell quickly AND you’ll be able to find a premium home to call your own!

Prices are projected to appreciate by 5.1% over the next year according to CoreLogic. If you

are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in

down payment and mortgage payment) if you wait.

  1. It’s Time to Move on With Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth

waiting. Is money more important than being with family? Is money more important than

your health? Is money more important than having the freedom to go on with your life the

way you think you should?

Only you know the answers to the questions above. You have the power to take control of

the situation by putting your home on the market. Perhaps the time has come for you and

your family to move on and start living the life you desire.

That is what is truly important!!!

 


Veterans Day

(Published on - 11/8/2018 2:53:12 PM)

Honoring Those Who Have Served!

 

Veterans Day orginated as "Armistice Day" on Nov. 11, 1919, the first anniversary of the end of World War 1.

Now on November 11 the nation will honor it's Veterans, living and dead- giving thanks for their service to the country wheather during war or in peace time.

 

 

 

LOCAL VETERANS DAY EVENTS:

 

Nov. 9-11

Veterans appreciation festival

When: 5-9 p.m. Friday; 1-3 and 5-9 p.m. Saturday; 10 a.m. to 5 p.m. Sunday

Where: Beach Front Grille, 2444 South Ocean Shore Blvd., Flagler Beach

Cost: Free food for military veterans

Details: There will be live music performances, including Taps at 7 p.m. Friday. Veteran's organizations are invited to have a table/booth at the event at no cost. Those interested in participating are asked to call the restaurant at 693-4839.

 

Monday, Nov. 12

Palm Coast Veterans Day ceremony

When: 8 a.m.

Where: Heroes Memorial Park, 2860 Palm Coast Parkway NW

Cost: Free

Details: Speakers for the event will be State Rep. Paul Renner, Florida House of Representatives District 24; Edward Beier of American Legion Post 115; and Palm Coast Mayor Melissa Holland. In case of rain, the ceremony will be held at nearby Fire Station 21, 9 Corporate Drive.

 

Monday, November 12, 2018, 1:00 p.m.,

Veterans Park, Flagler Beach, Florida.

Refreshments following the ceremony in Flagler Beach City Hall Commission Room, 105 S. 2nd Street, Flagler Beach, Florida.

 Looking for Veterans discounts, deals & freebies... 

Check out the website linked on photo below and be sure to read thier

RECENT ARTICLES for MORE!

(*Weblink is informative only, not sure on authenticity of all data displayed)


$Price Improvement$ ~ 2 Palm Coast Plantation Waterfront Lots

(Published on - 10/18/2018 5:49:33 PM)

PCP Entrance

 

 

$PRICE IMPROVEMENT$

 

54 N. Riverwalk Dr - $185,000

43 S. Riverwalk Dr- $185,000

 

Your Choice of 2 Palm Coast Plantation - Intracoastal Waterway Lots

 

INTRACOASTAL LOT! Choose your own Builder to design your DREAM HOME with Dock. (+2,500 Minimum Lsqft) This property is located on a wide stretch of Intracoastal Waterway, watching the sunrises in the morning over the boats cruising by.

Amenities in this Gated Community include a Clubhouse, Pool, Basketball, Bocce Ball, Tennis Courts, Fitness Center, Jr. Olympic sized pool, Spa, Boat, Trailer & RV Storage, Walking Trails, Freshwater Fishing Lake, Boat Launch. An Intracoastal Community Dock for picnics. Minutes to beaches, shopping and dinning.

This is a lifestyle not just a location!

 

 

 

________________________________________________________________________________________________________________________

 

 

CONTACT LISTING AGENT:

 

Shannon Vinnick, REALTOR®

(386) 503-1971 Call or Text

ShannonVinnick@RealtyExecutives.com

 

Questions? Need Advice? Complete this form for more information.

Contact Information::









 

 

 


Know Your Water Hazards!

(Published on - 10/3/2018 8:34:34 PM)

Here in Florida, there is lots of WATER!  Be prepared, work with a REALTOR who knows the right questions to ask!

 

The following information is provided by the Center for REALTOR® Development (CRD).

Whether located near an ocean, river or lake, real estate practitioners should know the considerations that go into choosing waterfront vacation properties.

Proximity and Access
Proximity and access to the water are main value determinants. Property that abuts the water, without another lot or a road between it and the waterfront, can command a premium. Waterside property, separated from the waterfront by a road or easement, ranks second in value. Water-view property ranks next; it may be separated from the actual waterfront by roads or other lots, but still has a view of the ocean, river or lake. A semi-view property has a partially obstructed view.

 

Riparian Rights
Riparian rights, based on old English common law, define the rights of access and use enjoyed by an owner whose property abuts a natural body of water. Generally, owners (called riparians) have the right of access, and the right to install a dock, anchor a boat, use water from the lake or river for domestic purposes, and control access across their land by others (nonriparians). Uniformity of riparian rights among the states cannot be assumed, and some states do not recognize riparian rights at all. It is important to know about local regulations regarding public and private access to water. It will impact the value of a property if it has a water view, but the owner has to drive several miles to reach an accessible swimming beach or launch a boat. On the other hand, if local regulations require access to the water across private property, the owners must be comfortable with others crossing their land, as well as swimming and boating in front of their properties.

Matching the Location to Intended Activities
Intended activities must be a good match for the environment. For example, if a property owner plans an active lifestyle of water skiing and sport fishing, an area that restricts the use of powerboats will not be suitable.

High Ground
Elevation is a factor for high water, storm surges, and drainage (including septic drainage); a gentle slope down to the water’s edge is best because it eliminates the need for retaining walls.

 

Dock Space
Dock space is a sought-after amenity for boat owners. Even buyers who do not own boats attach high value to this feature because it increases the value of a property.

Water Levels and Temperature
Changing water levels can be a factor in choosing a property. High and low tides are a natural and predictable part of oceanfront living. Rivers and lakes, on the other hand, depend on springs, snowmelt and runoff for maintaining water levels. If a system of locks and dams controls a river’s flow, opening of dams downriver can cause dramatic drops in water levels upstream. Low water in channels can restrict navigation and expose mudflats and rocks, as well as leave boats and docks high and dry. Exposed gravel beaches and sandbars can damage boats. In addition, water temperature is an important factor for swimmers. Lakes fed by snowmelt can be too chilly for swimming, even in warm weather.

 

Navigation Obstructions
Navigation obstruction is a major consideration for boaters. A low bridge, underwater tunnels, spillways or overhead power lines all can obstruct boat navigation or limit the size of boats. Some obstructions are not so obvious, like low water, silted canals and channels, or shifting sandbars; buyers should check for obstructions upstream and downstream for several miles and at access points to larger bodies of water—the ocean, inlets, rivers and bays.

 

Beach Erosion and Migration
Imagine selling a beachfront home to a buyer who wakes up one morning to find the beach has been washed away! Beach erosion and migration resulting from development or seasonal variations are ongoing problems in many oceanfront locations. Beach alteration can vary from a few inches to several feet per year. In addition, some seasonal ocean beaches narrow in the winter and widen in the summer when wave action is gentler. Practitioners who know about natural beach cycles can help buyers understand natural environmental occurrences.

 

Boat Mooring, Anchorage and Navigation
State and local regulations on boat anchorage, navigation rights, no-wake zones, and moorings are an important issue for the recreational boaters who may be among your clients. The U.S. Army Corp of Engineers maintains inland waterway navigation and the U.S. Coast Guard maintains the security and safety of coastlines. A combination of federal, state and local laws regulates coastal and inland navigable waters. Which law prevails? Experts in the area of marine law would say all regulations, whether federal, state or local, must be observed.

Houseboat Communities
Another aspect of the anchorage issue is live-aboard houseboat communities, which tend to use berthing sites intensely. In some areas, such as Seattle and Sausalito, floating homes are an established part of the housing scene. These floating homes, which have no means of self-propulsion, pay a monthly berthage fee to dock in marinas and have permanent hookups to utilities, water and sewer facilities. At the other end of the floating home spectrum are the “guerilla” houseboat communities that grow informally in coastal inlets and marinas, such as along the Florida Keys. Social tensions can flare up when houseboat and neighbors’ lifestyles are separated by a wide social and economic gap.

For more education about the vacation-home and resort market, check out this month’s featured online course at the Center for REALTOR® Development, Home Sweet (Second) Home: Vacation, Investment, Luxury Properties, which is the educational requirement for NAR’s Resort and Second-Home Property Specialist (RSPS) certification.

For more information, please visit RISMedia’s online learning portal from NAR’s Center for REALTOR® Development (CRD) and the Learning Library. Here, real estate professionals can sign up for online professional development courses, industry designations, certifications, CE credits, Code of Ethics programs and more. NAR’s CRD also offers monthly specials and important education updates. New users will need to register for an account.

For the latest real estate news and trends, bookmark RISMedia.com.


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