Evaluating An Appraisal

All of us often turn to professionals when we need critical services performed or important guidance offered. Of course, the buying and selling of property is one such example, and the selection of a representative should be pursued carefully with interviews and research.

The same applies when choosing another professional who is crucial to the real estate transaction – the appraiser. But who orders the appraisal? Most often, it is the lender, who uses the report to confirm a property’s value before approving financing. Sometimes, either the buyer or the seller will order an appraisal in order to secure an independent opinion of said value.

If you hire an appraiser, be sure he or she is licensed and certified. Most states provide those qualifications through an appraisal board, and you can also refer to the federal Appraisal Subcommittee’s website at www.asc.gov, although only current – not past – disciplinary actions are listed there.

Once you’ve ordered an appraisal, how can you be sure of its accuracy? Begin by selecting an independent appraiser who was not chosen by the lender, and use your common sense. If the home across the street just sold for $150,000 and your appraisal reports at $250,000, you may have reason to seek a second opinion, which may be provided in a Competitive Market Analysis (CMA) performed by your real estate agent.

Understanding real estate dilemmas and their solutions is our business, and we’ll happily share our knowledge with you. Why not give us a call at (772) 323-6996 or visit us on the web at www.GabeSanders.com and www.TreasureCoastFLHomes.com. Our office is located at 1121 SE Ocean Blvd. in Stuart, Florida (Sewall’s Point); please ask for Gabe Sanders or .

And Now, The Good News

Consumer Reports recently published a survey, and the results indicate that there is, in fact, some good news in the real estate industry! While foreclosures and other economic factors still exert some negative impact, those buyers and sellers who have worked with real estate professionals expressed a high degree of satisfaction, both with their representatives and with their bottom line.

Nearly 10,000 consumers were surveyed, and nearly three-quarters of those buyers and sellers reported that they were very or completely satisfied with their agent. More good news: 86 percent of sellers who listed with a professional made the sale! (Many of the remaining percentage still had their homes on the market at the time of the survey.)

Other results showed what all agents already know, because over four-fifths of consumers who listed through a broker netted an average of only $5,000 less than their asking price. On the flip side, two-thirds of buyers who used a representative paid about $5,000 less than their purchase’s original listing price. (The remaining third, who negotiated on their own, ended up paying very close to the asking price.)

So what do all these statistics mean to you? Regardless of your market’s conditions, when you face the need to buy or sell your home, you’ll get the best results when you seek the representation of a qualified real estate professional!

If you have a real estate need in Martin County or Port Saint Lucie, let us help you. Give us a call at (772) 323-6996 or visit us on the web at www.GabeSanders.com or www.TreasureCoastFLHomes.com . Our office is located at 1121 SE Ocean Blvd. in Stuart, (Sewall’s Point) Florida; please ask for Gabe Sanders or .

Looking Good In The Neighborhood!

When you look your best, you attract attention. A recent survey of five hundred REALTORS® proves that it’s no different when it comes to marketing your home.

82 percent of those polled reported that buyers unimpressed by a home’s “curb appeal” won’t be interested in a closer look. Additionally, 90 percent of the agents explained that a sale depends greatly on first impressions walking through the front door.

That same number also reported that the appearance of a home’s exterior is equally important as the interior features and condition. When buyers see your home from the street and the front walk, they feel that what they see is what they get.

When you’re ready to list, work hard on your curb appeal and make sure the interior displays the same pride of ownership. Then have professional photographs accompany your listing on the Internet, as well as in brochures, print ads, and other marketing tools.

These photos may be the buyers’ first “first impression” to look closer. The more pictures you offer, the better your chance for a quick sale. Listings with one photo sold for 91 percent of the listing price, while those with six or more pictures sold for 95 percent of the asking price. When you do the math, you’ll see that an attractive home plus attractive marketing is the formula for success!

If you’re planning to sell your home, take a look at our web sites to see how we will market your home. Or for detailed information, give us a call at (772) 323-6996 or visit us on the web at http://www.gabesanders.com/ or http://www.treasurecoastflhomes.com/. Our office is located at 1121 SE Ocean Blvd. in Stuart, (Sewall’s Point) Florida; please ask for Gabe Sanders or .

The Long and Short of It!

You’ve been reading negative stories about the housing market, and while some are experiencing a slowdown, it’s still no reason to keep you from pursuing the American Dream.

Anyone who’s watched the industry for the last thirty years will tell you that it’s a natural cycle, much like the adjustments the stock market experiences. All’s well that ends well after a period of time passes.

Remember that housing is a long-term investment. Some people tried to create high yields over the short term, and that’s part of the reason so many markets are experiencing readjustments now.

Regardless of whether housing is up or down, individuals and families will always have a need to buy or sell. Home sales last year actually surpassed those of five years ago, which was another record year. Interest rates and prices are at historical lows, creating an excellent atmosphere for qualified buyers.

When reading the gloom and doom about foreclosures, it’s important to keep the reports in perspective. Most defaults are associated with sub-prime loans, which account for less than 10% of all mortgages. Of those, only 0.6% are currently in foreclosure.

Now is the time to turn to the advice and guidance of a trusted local real estate professional, whether you’re buying or selling. Keep a level head and take advantage of positive forces in the current housing market.

If you’re considering purchasing a home, the Gabe Sanders real estate team are your local resource and are intimately familiar with the current market. Feel free to ask us what’s happening in real estate on the Treasure Coast today at (772) 323-6996 or visit us on the web at http://www.gabesanders.com/ or http://www.treasurecoastflhomes.com/. Our office is located at 1121 SE Ocean Blvd. in Stuart, Florida (Sewall’s Point)

Come Together!

Rising real estate inventories are presenting buyers with more options and sellers with more competition. In the center of it all, you’ll find the guidance and expertise of professional full time real estate agents. If you price a home reasonably, buyers will buy. If buyers make a reasonable offer, sellers will sell. It really is that simple.

For sellers, pricing is still the biggest factor in a listing’s success or failure. Sellers, buyers and real estate agents all stand to lose from an overpriced property.

Likewise, buyers also need to be aware that negotiating skills are more critical now than ever. Contrary to widespread media reports of sellers panicking under the weight of foreclosure, most sellers are in fact in good enough shape to wait for a fair offer.

Buyers and sellers are still coming together in record numbers that would have been unthinkable just ten years ago. What everyone needs now is a big dose of perspective, since most home sales are still taking place for the most traditional of reasons: job relocation, growing families, retirement, or even simply downsizing.

Whether buying or selling, your best insurance for a satisfactory sale or purchase is with the knowledge and skills of a professional representative. If you’re unsure about our local market, schedule a cost-free, obligation-free consultation with an agent you know and trust. Then move with confidence!

Understanding the Treasure Coast real estate market dilemmas and their solutions is our business, and we’ll happily share our knowledge with you. Why not give us a call at (772) 323-6996 or visit us on the web at http://www.gabesanders.com/ and http://www.treasurecoastflhomes.com/. Our office is located at 1121 SE Ocean Blvd. in Stuart, Florida (Sewall’s Point); please ask for Gabe Sanders or .