The Savvy Realtor with Angie Cole

Mailbag: Can I Still Get Above Asking Price?

When you go to sell your home, you want to have an idea about what’s going on in the market. On today’s show, Angie answers five questions from different sellers and home buyers as they navigate this process. Find out what to expect in today’s market and how you can get the best-case-scenario when you sell your home.

 

Here are the questions Angie answers on the show: 

  • Do smart tech items like cameras, thermostats, and doorbells add value to a home? (0:38)
  • Will you still be able to get above asking price on your home? (2:51)
  • Is a two-bedroom house a bad buy and harder sell in the future? (4:40)
  • Does an appraisal guarantee have real value? (5:53)
  • What’s the importance of marketing a home and how do you do it? (10:23)

 

See our listings: http://acolerealty.com 

Mailbag: How Can I Capture the Growth of the Market?

When buying or selling a home, there are a lot of details to keep in mind. Whether you’re looking for the neighborhood that’s the most bang-for-your-buck or trying to sell at the perfect time, Angie can point you in the right direction. She answers three questions from the mailbag in today’s show.

 

Here are the questions Angie answers on the show: 

  • When selling, should you use personal possessions as a bargaining chip during negotiations? (0:40)
  • Which neighborhoods near Raleigh are more affordable with good amenities? (5:57)
  • How can we ensure we capture the growth of the housing market when selling? (8:44)

 

See our listings: http://acolerealty.com 

5 Terms Buyers & Sellers Need To Know

Before you sign the dotted line, do you know what that real estate term really means? Angie sheds some light on common real estate terms you’ll come across when buying or selling a home.

 

What we discuss on this episode: 

1:29 - Why do I care about days on market?

4:13 - Is “as is” bad?

6:37 - What is due diligence in North Carolina?

8:39 - What are different types of loan products?

12:01 - What’s involved in the offer?

14:40 - What should you keep in mind with inspections?

15:45 - What is an appraisal?

16:37 - Should sellers worry about contingencies?

18:40 - What disclosures do you need?

19:44 - What are iBuyers? 

 

See our listings: http://acolerealty.com 

Mailbag: Where Are Home Prices Headed?

What can you expect when it comes to listing or buying a home when it comes to the price? Angie answers four questions from the mailbag related to home prices and preparing to buy a home on today’s show.

 

What we discuss on this episode: 

0:38 - Mailbag: Will the home list price be different than estimated a few months ago?

4:30 - Mailbag: How long does it take to get pre-approved?

5:48 - Mailbag: Should I wait until home prices go down to buy?

6:52 - Mailbag: What resources do you have for single women to buy a home?

 

See our listings: https://www.acolerealty.com/ 

Mailbag: Should I Look for “Price Reduced” Homes?

What things should you look for online when buying a home and wanting a good deal? Will sellers pay some of the closing costs? Angie answers these questions and two others on today’s show.

 

What we discuss on this episode: 

 

0:37 - Mailbag: Should I look for “price reduced” homes?

3:25 - Mailbag: Where should I downsize and retire in Durham?

6:00 - Mailbag: Should sellers pay closing costs?

6:57 - Mailbag: Will my mother-in-law suite count toward the square footage?

 

See our listings: http://acolerealty.com 

 

Real Estate Norms in Today’s Market

Change is something you can always count on, and things are changing right now in the real estate market. Let’s talk about the new norms in real estate, according to a recent article in Realtor.com. Does Angie agree with these in terms of what the Triangle area is seeing?

 

See our listings: http://acolerealty.com 

 

What we discuss on this episode: 

0:38 - What are the new norms in real estate?

1:13 - Are bidding wars still happening?

2:21 - Over asking price is less likely.

3:03 - What’s happening with contingencies?

4:29 - Homes won’t sell as fast. 

6:40 - Homes need to be showroom ready.   

7:51 - Leasebacks are not to be assumed.

Mailbag: How Can I Show The Sellers We’ll Get To Close?

When buying a house, how can you prove to sellers that you’re in it for the long haul? Angie answers this question and two others from the mailbag on today’s show.

 

See our listings: https://www.acolerealty.com/ 

 

What we discuss in this episode: 

0:37 - Mailbag: What do I do with the junk left behind by the previous owners?

3:44 - Mailbag: Do you do a closing guarantee?

6:56 - Mailbag: Should I set the mood for a showing?

Mailbag: Is it Worth Fixing Up Older Homes?

Angie answers three questions all about some home fixes, including home flips, a new sunroom, and when to buy an older home.

 

Key topics on this episode: 

0:38 - Mailbag: Where is a good neighborhood to flip a home?

3:42 - Mailbag: Is it worth the cost to build a sunroom?

6:52 - Mailbag: Should I buy new construction or an older home to fix up?

 

See our listings: http://acolerealty.com 

What’s the Latest in the Housing Market?

Angie keeps us updated on the current shift in the market and how the Triangle differs from other parts of the country. Then, she answers two questions from the mailbag on this week’s show.

 

Key topics on this episode: 

0:40 - What has changed lately in the market?

7:21 - Mailbag: Which NC beach town has future growth potential?

9:28 - Mailbag: Should I wait until mortgage rates go back down?

 

See our listings: http://acolerealty.com 

National Housing Statistics Made Local

Let’s compare these national real estate statistics to the Triangle market. What does Angie think about these facts and figures?

 

See our listings: http://acolerealty.com 

 

Listen for these key points: 

0:39 - Which of these national stats apply to the Triangle area?

1:05 - 72 percent of homeowners would rather make improvements than sell.

2:44 - Townhouse construction has gone up.

5:27 - Some real estate companies announced workforce cuts.

7:50 - NAR revised their housing forecast.  

Mailbag: What Home Improvements Will Give the Biggest Value Boost?

How should you spend your home improvement money best before listing your home? How do you know if you’re emotionally ready to move? Find out on today’s podcast.

 

See our listings: http://acolerealty.com 

 

Listen for these key points: 

0:38 - Mailbag: Are there limits to how much a family member can help with down payment?

2:22 - Mailbag: What home improvements will give the biggest value boost?  

4:55 - Mailbag: What happens if the buyer asks for a lot of repairs?

11:16 - Mailbag: When are you emotionally ready to sell your home?

 

Real Estate Headlines: Impact of Interest Rates

With higher interest rates, what is happening to the real estate market? Angie shares what she has seen and experienced as a realtor in the Triangle in relation to the national real estate headlines.

 

See our listings: http://acolerealty.com 

 

Listen for these key points: 

0:38 - Buyers are still buying despite higher rates.

2:21 - Buyers doubling down on down payments.

5:57 - Homes continue to sell above list price. 

Mailbag: Should I Use an Adjustable Rate Mortgage to Buy My Home?

Trying to navigate buying a home? Angie answers four questions from the mailbag from listeners like you who are buying or selling a home in today’s market.

 

See our listings: http://acolerealty.com 

 

Listen for these key points: 

0:49 - Mailbag: Should I use an ARM to buy my home?

3:33 - Mailbag: Why didn’t my home sell over list price?

5:33 - Mailbag: What home upgrades should I make?

7:54 - Mailbag: There are rental bidding wars, too?

Mailbag: Should I Sell My Home Privately Instead of Listing It?

If a co-worker seems interested in your home, would it be easier to sell it directly instead of listing it? Angie answers this question and two others from the mailbag on today’s show.

 

Get additional real estate resources here: http://acolerealty.com 

 

Listen for these key points: 

0:38 - Should I sell my home privately?

2:51 - Which realtor should I pick when the suggested list prices are so different? 

6:14 - What’s it like working with a team of realtors?

Mailbag: Should I Set My Home Search Parameters at a Lower Price Point?

When buying a home, there are a lot of costs to factor into the equation. Angie shares how to set your search parameters on pricing and answers two other questions from the mailbag.

 

Get additional real estate resources here: http://acolerealty.com 

 

Listen for these key points: 

0:38 - Mailbag: Should I set my home search parameters at a lower price point?

5:07 - Mailbag: Is 20 percent down enough?

6:06 - Mailbag: Can I rent back my home from the buyer?

 

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