Posts tagged with "Buyers"

Tips to Avoid Buyer’s Remorse

The last thing you want to do is regret buying a house. It’s typically the largest purchase you make, and something you have to live with (and in) for some time.

But people regret buying houses so often, it has a fancy term that gets thrown around—“buyer’s remorse.” Whether it’s that they feel like they spent too much money, they bought in the wrong neighborhood, bought the wrong house, or worry that the house is too small, it’s common for people to regret buying the house they bought.

It happens in any market, not just a fast-paced one like we’ve seen recently driven by the pandemic, low inventory, and low mortgage rates. But this market certainly hasn’t made it easy to avoid buyer’s remorse as The New York Times points out in this article.

The problem is, many buyers just don’t prepare themselves to be well-informed, confident buyers in whatever market they happen to be buying.

Fortunately, you can avoid buyer’s remorse, and not just in a “hot” market. Click here for some things you should do to avoid it.

Real Estate Broker in Indianapolis

And only 10% accept??

iBuyers companies continue to make the news with their gimmicks on offering a faster, more convenient way to sell a home. I just saw an interview with the Zillow CEO, stating, “…while people would come to our site (iBuyer) and we’d give them a good offer, only about 10% accepted the offer.”

Let that sink in…. “A good offer” and “Only 10% accepted”

I’ll bet that less than 5% of people who received offers actually sold their homes.  That’s less than 1/10 of what a good Realtor would get done for their clients.

There’s a whole LOT more to taking a property from “For Sale” to a successful closing than the technocrats understand.

At Top Choice Real Estate, we are with you every step of your journey. We have a long track record of getting the job done for our clients. So give me a call to see how we can help!

Click here for more info

Real Estate Broker in Indianapolis

Minimal Impact On 🏠 Housing Sales

Last week was quite a wintry ❄️ mess. We ended up with 8 inches here in Noblesville.

The Midwest storm did throw the 🏠 market off a little.

Mortgage rates are creeping up to 4 in recent months, and the Feds are looking to tighten it more. This will no doubt change Buyers purchasing capabilities as well as comfort level.

Bottom Line..there is still no inventory below 250K, so I am foreseeing minimal impact on 🏠 sales. If there were 20 offers on a home last quarter, it might be reduced to 10 this quarter. Seems like better odds for the  Buyer. So if you are on the fence about buying/selling, give me a call at 317-625-0655 to talk specifics.