Palm Beach County Real Estate Blog

Choosing the Winning Offer

How to choose the Winning Bid

Choosing the Right Offer

Congratulations, you have multiple offers on your home listing. It’s exciting to hear that you have a choice in buyers. Yet how can you make sure that you choose the right offer? With varying sales prices and terms, comparing offers might be harder than you expected. Still – it’s a great problem to have.

If you find yourself in a multiple offer situation, the first step is to meet with your agent to discuss each offer in detail. What are the actual differences? It’s easy to see what price they offer, but what about the other items – the terms, the financing, the contingencies.

? Sales Price – This is the easiest to compare. Start with the sales price and then check to see if they are asking for extra...

Negotiating for Top Dollar

Negotiating for Top Dollar

Negotiating for Top Dollar

Selling your home? Every seller wants to make sure they sell their home for the best possible sales price. Getting top dollar for your home is not as complicated as you might think. By using a simple negotiation strategy, you can make sure receive the best price for your home listing.

The first step in a negotiation strategy begins before you even list your home. Choosing the right real estate agent and listening to their advice regarding home value is important. Choose a realistic list price; over-pricing to “test the market” is not only a waste of time, but as the listing ages on the market, buyers are more likely to write lowball offers.

Once you receive and offer; review and respond to all reasonable offers. Never assume that a buyer...

11 Home Features That Help You Sell Faster

11 Home Features That Help You Sell Faster

Are you looking to sell your home? If so you will want to take a look at some upgrades that will help you sell faster.

Deciding where to invest your renoation dollars is important to get the best ROi possible. If you own a home, you might want to consider which improvements allow you to sell your home faster. Considering which improvements buyers value is a good step before you start spending your hard earned money. Not all improvements will allow you to get all of your money back so choose wisely

Most home remodeling efforts only increase home values by 50% - 80% of the average project's costs, according to Remodeling magazine's 2019 Cost vs....

Best real estate agent|How to evaluate a real estate agent to make the right hire

Best real estate agent|How to evaluate a real estate agent to make the right hire

Real estate industry nowadays is very competitive and one thing that is needed to make sure all the time is how to evaluate a real estate agent to make the right hire.

Everyone has its own reasons on how or what is the reason behind selling or buying a property. Others may see it as a new step to their life while others are dependent on the information that they can get online to inquire, purchase or sell properties, or hiring a real estate agent that will guide them all throughout the transaction.

Nowadays there are so many real estate agents to choose from. Here are some helpful tips that will guide you finding the right real estate agent to match your needs whether it is selling or buying a property.

  1. Referrals – This is the best way to know...

Determining Wants vs. Needs

Wants vs Needs When Buying a Home – Learning the Difference

Determining Wants vs. Needs

One of the first questions that a real estate agent will ask new buyers is, “What do you want in your new home”? It might seem like an easy question to answer but identifying your “wants’ from your “needs” is an important aspect of home seeking.

Needs

A need is something that is truly essential to how you and your family live. For instance, if you have a family of four, you truly can’t live in a studio-style apartment; bedrooms become a real need in house hunting. By contrast, while having an acre of land would be nice, do you truly have to have that much space in your yard?

Make a List

One way to focus your thought is to create a list of features and amenities that you would...

Buyers: Get the Best Price

Tips to Get the Best Price when Buying a House

Buyers: Get the Best Price

Buying a home is typically the largest financial purchase most people make in their lifetimes. Of course you want to get the best possible deal, but with the desirable properties moving quickly on and off the market, how can you put yourself in the best position to get the best price when making that offer?

By preparing properly, you can be in a great position to write a good offer and have it accepted.

• Get a preapproval before you go house-hunting

• Write an offer based on home value and not list price

• Gather information about why the seller is moving, their motivation

• Ask for extras, such as washer/dryer or refrigerator

• Consider removing some contingencies or offer better terms in exchange...

Prequalified VS Preapproved

The Difference Between a Pre-Qualification vs. PreApproval

Prequalified VS Preapproved

There is plenty of real estate terms used in transactions. Needless-to-say it can be confusing for both buyers and sellers trying to navigate the process. The home loan process might feel overwhelming and difficult to understand. Both buyers and sellers find terms like “PreQualification” and “Pre-Approval” used interchangeably, it’s no wonder they find themselves wondering how to proceed.

Pre-Qualification

The first step in obtaining a home loan is to meet with a lender and discussing their financial situation. The lender will discuss income, job stability, debt and credit. Once they have performed a basic review of the qualifications and run credit, they will issue a Pre-Qualification Letter to the potential...

10 Tips to Make a Bathroom Look Bigger

10 Ways to Make a Small Bathroom Look Bigger10 Tips for Bathroom Space

10 Tips for Bathroom Space

Small bathrooms don’t have to be dark and dank. Contrary to popular belief, making a small bathroom appear larger is not as hard as it seems. Here are 10 easy ways to quickly make a small bathroom look bigger.

1. Mirrors – Add larger mirrors to reflect light and provide the illusion of space.

2. Lighten Up – Lighting doesn’t have to be harsh, but adequate lighting is a must.

3. Remove Barriers – Open up the room with clear...

Millionaires Love Real Estate

Why Millionaires Love Real Estate

Millionaires Love Real Estate

Serious investors already know the value of a diversified portfolio. In addition to stocks and bonds, real estate should be included in your investment mix. One way to accomplish this is to purchase, hold, rent or flip actual physical property, as part of your investment strategy. Real estate is a solid asset which can provide annual income, asset appreciation and/or quick profit.

Millionaires understand the value of real estate and how it can be used to increase wealth and as a hedge against the volatility of other investments, such as stocks and bonds. Real estate holdings can provide immediate and long-term benefits:

• Cash Flow - Rental income is one of the primary reasons investors purchase property.

• Asset Appreciation – Property value appreciation...

What Not to Do when Staging

5 Things NOT to do When Staging

What Not to Do when Staging

Staging a home for sale is the most misunderstood process in home selling. Creating the right atmosphere in the home, one which invites potential buyers to linger is much more than this. When creating the right scene, it’s just as important to know what NOT to when staging the home.

1. Neglecting the Deep Clean – A clean and fresh home is the very first step. If the home smells like last night’s dinner and there is cat hair in the corners, regardless of what else you do, it’s not going to sell.

2. Leaving the Clutter – Of course, you’re still living in the home, but it shouldn’t necessarily look like it.

3. Keeping Too Many Personal Photos In View – Again, the goals is to create a place where the buyers can imagine their own belongings....