Thursday, September 8, 2022 / by Tatiana Seidlin
Should You Sell to an Instant Offer Company?
There’s a new term in real estate: iBuyer.
iBuyers, short for instant buyers, give sellers an almost instantaneous offer on their homes. Also called instant offer companies, iBuyers promise sellers an offer within a couple of days and closing dates within one to two weeks. Some popular iBuyers include Opendoor, Offerpad, Redfin, and Zillow Offers.
Unlike house flippers, iBuyers aren’t looking for distressed homes. iBuyers purchase moderately-priced homes, fix them up as needed, and relist them.
The obvious downside to selling to an iBuyer is that you will not get top dollar for your home. They are looking for homes where they can make a specific profit margin. Typically, the company will analyze your home online, using algorithms to come up with a value. For example, Zillow Offers will most likely offer you their Zestimate price. Sellers should expect an offer of about 10% under f ...
Thursday, August 4, 2022 / by Tatiana Seidlin
Avoid These Mistakes When Pricing Your Home
Pricing mistake #1: Not listening to your agent's recommendation.
Your realtor's goal is to price your property according to the current market while getting you top dollar for your home. To do that, your agent will compile an analysis report of similar homes that have sold recently, study local market trends, and highlight the features of your property to strategically price your home. While you as the seller may want to start high when pricing and that is your right BUT, you will have a hard time finding a Realtor that will let that fly. This brings me to…
Pricing Mistake #2: Overpricing your home so you’ll have “room to negotiate.”
Overpricing is the #1 way to crush your chance at getting the most money for your home. The idea that pricing a home higher will lead to a higher sale price is just flat-out WRONG! If you overprice your property, it will sit on the market. When y; ...
Saturday, July 23, 2022 / by Tatiana Seidlin
How to AVOID falling out of Escrow as a Seller
Did you know… 37% of Purchase Agreements fall through due to Repair issues.
For Example, Seller Soliel puts her house on the market hoping to get top dollar for the sale. To her knowledge, the framing and foundation were in good shape but she hadn’t crawled under to see for herself. After being listed for 15 days, an interested buyer submits an offer with standard contingencies. Now keep in mind, one of those contingencies states that Buyer Barnet has the right to hire a professional to inspect the property.
The home inspector spends a few hours combing through each room, checking for safety and functionality. After emerging from under the house he informs Buy Barnet and Seller Soliel that a leak has been rotting out a section of the framing for years and recommends hiring a Foundation Expert to advise on the extent of damage, costs, and remedies.
The Foundation Expert re ...
Friday, July 15, 2022 / by Tatiana Seidlin
Pondering a Reno?
How do I pick a contractor?
Ideally, you want to build the same kind of relationship with your contractor as you do with your real estate agent: one built on trust that makes you want to go back to that person for any future needs. Your contractor should be a very good listener and communicator. You want them to “get” your vision for your home, and to keep you in the loop every step of the way. Do your due diligence by checking out contractors’ reputations, talking with other clients, and looking at work they have done previously before you make your selection.
How much will my project cost?
Of course, the answer depends upon the scope of your project, but in order to get the best estimate from your contractor, take time to write down each detail of your plan so that the contractor can include everything in their estimate. Renovations are famous for taking longer and costing more than originally planned, but this in ...
Friday, July 15, 2022 / by Tatiana Seidlin
Hello! I am Tatiana Seidlin, California Realtor and First-Time Home Buyer Specialist. Whether you are ready to buy your first home now or the big move is years into the distance, I would love to be a resource.
As a First-Time Home Buyer Specialist, I will...
Dedicate time to educate you about purchasing your first home and guide you through the process by simplifying each step.
Connect you with a Lender, when you are comfortable, to get Pre-Approved for your purchase.
Help you Strategize your home search.
Submit a competitive offer when you find the home you love.
Negotiate on your behalf and advocate for your best interest.
Keep you updated and prepared to meet deadlines while in escrow.
Celebrate with you when you close on your FIRST PROPERTY.
Click here to submit an inquiry and I will be in touch to schedule a meeting! (Virtual Available)
KW Advisors | United Home Group