Real Estate Blog

Thursday, 13 May 2021
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How do you know it’s time to go???

Home sales are typically higher as we move from spring into summer and this year has been no exception!  It seems that everywhere you look there is an article or news story about buying or selling your home.  It is easy to get caught up in the dollar signs of the selling and buying frenzy that is going on in our area, but just because the market is moving doesn’t mean you should!  So, how do you know???

A few short decades ago, many people only bought one or two houses in their lifetime.  Now however, many buy a new home and move every few years for a variety of reasons.  Most moves still coincide with major life events like buying a starter home, starting a family or empty-nest downsizing.  Along with those reasons, many also want to move for access to a new school district, new neighborhood amenities or lower taxes. And, with the new work-from-home trend taking over, time spent commuting is no longer as large an issue as it once was when considering a move.

If some of these things are true for you, now may be the time to go!  Have you outgrown your home?  If, even after the best marathon decluttering sessions you and your family still don’t have enough space, it might be time to consider a new home.  You may need a different configuration of space than what your current home offers and a renovation is not an option.  Do you feel like you have too much space to care for or even too much mortgage and would like to downsize and perhaps travel, start a business or just relax more and mow less? 

If you have been thinking about moving for a while, are wrapping up some home improvement projects or see homes selling quickly in your current neighborhood with the price per square foot higher on comparable sales than what you originally paid, now could be the ideal time for you to sell.  There are a few other things to consider before putting your home on the market especially where you would like to move to and your timeframe requirements.  Many prospective sellers wonder where they will go if their home sells quickly and they haven’t found one to buy.  I can help with a handyman, estate sales, packing and moving.  If you remember to keep an open mind about your search for a new home and consider that many things can be negotiated such as closing dates and possession, these are some starting points for discussion if you’re feeling the urge to move!  And remember ...

 

.... "You've Got A Friend in Real Estate"

 

Jarod Tanksley 615.403.8265

www.BrentwoodandBeyond.com

Brentview Realty 615.373.2814

 

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Posted on 05/13/2021 1:39 PM by Jarod Tanksley
Thursday, 29 April 2021
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In case you hadn’t noticed, properties have been “flying off the shelf” here in Middle Tennessee!  Spring has always been a busy time for buyers and sellers as we shake off winter, however, a pace like no other has developed this year!  Many people want to sell their current home and buy a new one.  This may be easier said than done right now because many are unable to list their current home until they know they have a place to go!  This delay causes a shortage of properties for other buyers.  There are also a lot of people moving into our area from other states who have nothing to sell and can buy without contingencies.

With these new selling and buying challenges, it is often tempting for people to seek out available properties through word-of-mouth from colleagues, friends or neighbors.  It seems we all know someone who may know someone who might want to sell!  It’s like that gossip game you played back in elementary school!  Now more than ever you should be careful when it comes to your representation in a real estate transaction.  Beware of situations where you may be asked to use the same agent that the other side in the transaction is using especially when you are already working with an agent and the request is being made to save time or money. 

There are a few different scenarios for what is referred to as dual agency, but the most common one is when a real estate transaction is handled by one agent representing both the buyer and the seller.  This type of arrangement is legal in Tennessee but may not be in other states.  Generally you will see dual agency in action when a Realtor® is already representing the seller and a buyer comes along with no representation.  Sometimes the transaction is simple and the buyer and seller can come to a good agreement using one agent and the deal works out well for everyone involved.  Sometimes this type of deal offers the buyer access to more information about the property than if they were working with their own agent or it does save time or money for both parties.  However, before you enter into a dual agency transaction because you many feel increased pressure by the market to find a new home, carefully consider all details of such a situation.  Thoroughly question how your interests will be represented and NEVER sign any document if you are unsure about any aspect of the transaction!  If you don’t have a Realtor® and have questions regarding this type of situation where you are unsure of how you will be represented, please call me and I will help you sort through the details so you can make the best possible decision for you and your family....

.... "You've Got A Friend in Real Estate"

 

Jarod Tanksley 615.403.8265

www.BrentwoodandBeyond.com

Brentview Realty 615.373.2814              

             

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Posted on 04/29/2021 1:02 PM by Jarod Tanksley
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