In his latest segment, “The Deacon of Real Estate” Alex Deacon discusses the best time of the year to buy real estate! Everyone has an opinion, but what do the numbers say? Does your market’s inclement weather or busy summers affect the supply and demand? Alex breaks down those questions, and much, much more!
Don’t miss the final Alex Deacon Real Estate Workshop of 2018!!! We’ve opened up the room for extra seating due to our growing attendance. Click below to connect with Alex on MeetUp.com, network with nearly 600 other Real Estate Professionals, and RSVP to the November workshop!
Virtual Bus Tour of Current and past rehabs
Saturday, Nov 10, 2018, 10:00 AM
Hampton Inn Bridgeville 150 Old Pond Rd Bridgeville, pa
28 Members Attending
We have done a few actual bus tours in the past but with the strong turnout I dont like to have to turn down folks due to the high volume of requests. Our next workshop in November we will do a virtual tour of some current and past projects and show you where to spend your money wisely and where you can and cant cut corners in order to stay profita…
Selling homes isn’t the game it used to be. Real estate has evolved to involve a lot more than signs in yards and ads in newspapers to bring potential buyers in these days. Social media and so many home improvement shows and outlets (HGTV, anyone?) have been broadening the interest in real estate and homebuying, and the proof is finally in the pudding. The top group of home buyers in the country seems to be the group that’s most comforable with social media, YouTube shorts, podcasts, etc. Who would’ve thought you largest group of homebuyers currently is…
Surprise! It’s millennials!
Throw out the mindset millennials aren’t buying. THEY ARE! For the fourth year in a row, millennials are the largest group of buyers, making up 34%!
Below are suggestions if you’re marketing your home, and ways to make it appeal to this demographic and what to know before making a big purchase.
BEST TIME TO LIST YOUR HOME? YOU’LL BE SURPRISED (AGAIN)!
Redfin Real Estate analyzed more than 7 million home sales over the past four years and divided the data into seasons, according to when the homes were first listed. They evaluated which season was best for listing a home according to two of the most common goals for sellers: Selling for more than the list price and going under contract within 30 days.
As conventional wisdom would predict, spring was the best time to list a home, but just barely. Spring offered the highest likelihood of selling above list price and of selling within 30 days. But here’s your next big surprise: Winter, the supposed slow season for real estate, was a close second!
Remember…buyers move for all different reasons during all times of the year (life-changing events can include: retirement, job relocation/change, addition to family).
WHAT TO DO BEFORE CALLING YOUR REALTOR
Paint with fresh and neutral colors where possible
Remove wallpaper if it’s dated or not neutral
TIPS FOR SELLING TO MILLENNIAL BUYERS
Make necessary updates
Exchanging older appliances for stainless steel
Replacing carpeting with hardwood floors (sometimes they are already there!)
Updating laminate counters with granite or other hard surface counters
Replace outdated light fixtures
Add outdoor living features
Move in ready!
Some sellers may not be able or willing to make updates. That’s always ok. However, they should consider pricing their home accordingly to compete for millennial buyers.