Valdosta Real Estate Ramblings

 

Aug. 14, 2018

How We’ll Market Your Home Now and in the Future

We market our homes online using a proven, effective method. Here’s how we do it.

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Want to sell your home? Click Here

Today I want to talk a little bit about marketing your home and where our focus lies as a brokerage when looking for a buyer.

 

With today’s technology, we are seeing a demand for high-quality video content from buyers. As time passes, experts are saying that within the next five years, the majority of online content will become video.

 

Since the home buying process starts online, with about 92% of buyers starting their search here, this high demand has made it crucial that marketing efforts grab the attention of the consumer quickly.

 

 

 

   Our focus starts with high-quality professional video and photos.

 

 

 

Our focus for marketing your home will continue to start with high-quality professional video and photos. Once they are obtained, our focus would then turn to creating an online presence using social media outlets such as Facebook, YouTube, Instagram, and others. Then we will gather information and create a target audience based off of the unique features of your home.

 

Our role is not only about negotiating the best price for each home, but also understanding each individual client’s unique needs behind selling their home. Although most of our marketing efforts will be digital, we continue to stay attentive to our clients’ needs with our personalized service as we have always done. We’re all about creating long-term relationships with each client, and will continue to serve them long after the transaction is complete.

 

If you have any further questions about marketing your home or about anything else relating to real estate, don’t hesitate to give me a call or send me an email. I look forward to hearing from you. 

Posted in Selling
July 24, 2018

Summer is Hot, and So is Our Market

If you’re a home seller, it’s still a great time to list in our market.

Looking for a Valdosta/ Moody home? Click Here

Want to sell your home? Click Here

Today I want to check in with a quick market update as we work our way through summer.

 

There are about three weeks before schools starts, and I know a lot of people are trying to get out of town for a weekend or a little vacation. If you’re a football fan like me, I’m sure you’re looking forward to Friday night lights being back. Georgia Bridgeman started their band camp this week, and that will run through next week in preparation for football season. I personally can’t wait to see what they have in store for us this year.

 

 

   If you’re looking to put your home on the market, now is still a good time.

 

 

In market news, things have been very busy this summer. If you’re looking to put your home on the market, now is still a good time, but things will slow down a little bit as kids gear up to go back to school. Things should pick back up again during the fall, and then slow down once more once the holiday season hits.

 

There’s never a bad time to list your home, but some time periods are better than others, and it’s still a great time for you to sell.

 

If you’re looking to sell your home, you have any questions about our market, or you have any other real estate needs I can assist you with, don’t hesitate to give me a call. I’d love to speak with you.

 

In the meantime, I hope you have a great rest of your summer! 

Posted in Market Update
July 9, 2018

Sellers: Look at the Big Picture When Selecting an Agent

Don’t hire a listing agent just because they offer a low commission rate. Instead, look at the big picture.

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Want to sell your home? Click Here

When selecting the agent to help you sell your home, look at the big picture—not just that small little commission percentage your agent asks you for in return for selling your home.

There are a plethora of agents here in town, but not all agents do everything exactly the same for every client. Some agents market their listings thoroughly and use videos, photos, open houses, social media, etc., to provide the maximum amount of exposure they need to sell quickly and for top dollar.

 

 

   Part of our job is to take the stress away from you by marketing your home correctly.

 

 

Other agents, on the other hand, use the three-pronged approach of “MLS, lockbox, and signed,” meaning they put a sign in the house’s yard, put a lockbox on the house, and list it in the MLS. If the three-pronged approach works for them, that’s great, but it doesn’t always work.

If your agent is offering you a discounted commission, make sure you know exactly what they’re doing to market your house. Part of our job is to take the stress away from you by marketing your home so that it’s sold as quickly as possible and for top dollar. If your agent’s not doing everything they can to do that, you’re probably in store for a stressful situation.

If you have any other questions about what you should expect from your listing agent or you’re thinking about selling your home, don’t hesitate to reach out to me. I’d be glad to help you. 

Posted in Selling
June 19, 2018

Take Some of the Stress out of Listing With These 5 Tips

Today let’s review five easy tips for a stress-free listing experience.

Looking for a Valdosta/ Moody home? Click Here

Want to sell your home? Click Here

Listing your home for sale can be a taxing process. Today I’d like to share a few key things you can do to eliminate some of the stress involved with selling a home.

 

   The moving process presents a great opportunity to purge items you no longer want or need.

 

  1. Get a pre-listing home inspection. By ordering an inspection before your home hits the market, you will be able to address and repair any problems before buyers ever set foot in the door. This can save you money and hassle when you go under contract.

  2. Declutter the home. Make sure kitchen drawers, closets, and surfaces are cleared. Buyers won’t be able to visualize themselves in a home if it’s overly crowded with space-consuming belongings. The moving process presents a great opportunity to purge items you no longer want or need.

  3. Freshen up interior paint. Neutral colors open up rooms and will appeal to far more buyers than other, more adventurous choices.

  4. Touch up your landscaping. Pull weeds, edge your lawn, and mow the grass to make sure your property looks as neat on the outside as it does on the inside.

  5. Pressure wash the home’s exterior. The humid conditions we have in our area make mold and mildew a common problem. Pressure washing can help eliminate these unsightly issues.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon. 

Posted in Selling
June 6, 2018

Meet Signature Choice Realty's Newest Team Member: Tanika Christopher

Our newest team member, Tanika Christopher, is here today to share why she’s so excited to join us on the Signature Choice Realty team.

Looking for a Valdosta/ Moody home? Click Here

Want to sell your home? Click Here

Today we’re excited to introduce the Signature Choice Realty team’s newest member: Tanika Christopher. Tanika is a licensed Realtor and is excited to become one among our many helpful, experienced, and knowledgeable agents. Having proudly served in the United States Air Force prior to joining us, Tanika is now proud to serve her community as a Realtor. To see Tanika’s full introduction, watch this short video.

Posted in Home Buying
May 22, 2018

The Latest Real Estate Numbers in Lowndes County and Valdosta

The latest numbers are in for Valdosta/Lowndes County. Here is what they mean to buyers and sellers.

Looking for a Valdosta/ Moody home? Click Here

Want to sell your home? Click Here

I have a quick market update to share with you today. These numbers are for single-family homes in the Valdosta/ Lowndes County area for May 2018.

From May 1 up until today, we have had 52 new homes come on the market, giving us 557 active listings and 69 listings under contract.

   Our absorption rate of 6.13 months puts us in a healthy, balanced market.  

So far this year, we have seen 371 total sales for an average price of $170,304. The average days on market for these homes was 92 days.

Our absorption rate tells us how much inventory we have. It also tells us how long it would take to sell off all of the current inventory if no new homes came on the market. Our absorption rate right now is at 6.13 months, putting us in a balanced market. Anything below four months is considered a seller’s market and anything above seven months is considered a buyer’s market.

I hope these numbers are helpful for you. If you have any questions about them or any questions about real estate in general, don’t hesitate to give me a call or send me an email. I would love to hear from you.

 

Posted in Market Update
April 27, 2018

Answering Questions From Our Home Buyer Audience

Buying a home is a process with many moving parts, so today we’re answering some important questions homebuyers have asked us.

Looking for a Valdosta/ Moody home? Click Here

Want to sell your home? Click Here

 

If you’re a homebuyer, what does it take to purchase a property? Today in our homebuyer Q&A session, we have the answer to that question and many more.

 

   Make sure you sit down and budget wisely for your home purchase.  

 

Here are the highlights of our conversation in timestamped form:

 

1:21 - Where’s a good place to start when buying a home? Who do you talk to first?

2:16 - The lender’s role in the home buying process

3:11 - What happens once you’re ready to start looking for homes

4:36 - The importance of knowing your monthly utilities beforehand and budgeting wisely

5:38 - How does bankruptcy affect buying a home?

7:19 - How long does it take to close on a home?

9:17 - What credit score do you need to qualify for a loan?

10:50 - Ways to improve your credit score

 

If you have any more questions about the home buying process or you’re thinking of buying a home, don’t hesitate to reach out to us. We’d love to help you.

 

 

Posted in Around town
April 16, 2018

The Best Time of Year to Sell Your Home Is...

The best time of year to sell your home might not be what you think it is. Here’s what we mean.

Looking for a Valdosta/ Moody home? Click Here

Want to sell your home? Click Here

There's a bit of a controversy brewing among real estate experts. The topic is the best time of year to sell a home. On one hand, real estate agents across the country agree: Spring is the best time to sell your home.

However, do the facts actually support this view? The folks at real estate web platform HomeLight wanted to find out, so they crunched the numbers on actual home sales in different markets to see when the best time to sell a home actually was.

In general, spring did come out on top in many situations. However, there were also many exceptions.

For example, in Greenville, SC, the best month was July, beating out the average sales price by 150%. In Breckenridge, CO, February was the winner, with a 106% increase over the average. In Tomball, TX, homes sold in October for 133% more than the average for the year.

 

   It’s not as simple as saying that spring is the best time to sell your home.  

 

What does this all mean for you? If you want a broad recommendation for when to sell your home, then simply listing your home now at the very start of spring is a recommendation that can't be beat.

There are plenty of other details that go into the optimal decision. Weather is a big one. Recent real estate trends in the area would be another. The specifics of your own home and the kinds of homebuyers it is likely to attract is a third and crucial aspect. There are fewer homebuyers in the fall and winter, but they tend to be more serious and eager to find a home before the holidays. In the summertime, there might be added pressure to buy a home before the school season starts.

In short, it's not as simple as saying spring is the best time to sell your home. If you have any questions for me, give me a call or send me an email and we can discuss all the unique attributes your home, put them in the context of recent trends in the Valdosta real estate market, and come up with a winning strategy of when you should list to get the best price. I look forward to hearing from you soon!

 

Posted in Home Tips
March 26, 2018

4 Things You Should Demand of Your Real Estate Agent

Are you in the process of hiring an agent to help you purchase your next home? If so, there are four demands you must make.

Looking for a Valdosta/ Moody home? Click Here

Want to sell your home? Click Here

Whenever you begin working with an agent on the purchase of your next home, there are four demands you should make: 

1. Make sure they will be honest about price. It’s so important that you have an agent who cares enough about you that they will be honest. The right Realtor will be candid with you and properly guide you on the issue of pricing. Someone with a lot of experience would be ideal. 

2. They will be understanding of your timeline. Your agent needs to understand and respect your time frame. The right agent will get you into the right home when it works best for you. An agent should always be proactive about meeting your needs and your schedule. 

 

   A good agent knows how to deliver the good news, while a great agent knows how to deliver the tough news.  

 

3. They can remove as many challenges as possible. Something I’ve been humbled by in my career is that no two transactions are alike. Every transaction is a learning opportunity. I have hundreds of home sales under my belt, but there is always something new to learn. An agent with a lot of experience will be able to use everything they’ve learned in their career so far to remove as many challenges from the transaction as possible. 

4. They can find you the right home. As a buyer, it is your right to demand that any professional you work with will be able to find the best fit for your needs. Still, you have to be realistic. A good agent knows how to deliver the good news, while a great agent knows how to deliver the tough news. 

If you have any further questions, please feel free to give me a call or send me an email. I would be happy to help you!

 

Posted in Home Buying
March 8, 2018

Where Are Interest Rates Now and Where Are They Heading?

Interest rates are creeping up. Here’s how people are taking advantage of the market now.

Looking for a Valdosta/Moody home? Click Here

Want to sell your home? Click Here

 

We're in for a very competitive stretch in the real estate market.

First off, mortgage interest rates have started increasing. For the first time since last summer, the 30-year average mortgage rate is now over 4%.


This latest increase might be more than just a temporary bump. Some experts, including Freddie Mac’s Deputy Chief Economist Lynn Kiefer, predict that we've seen the last of sub-4% mortgage rates, thanks to strengthening inflation and broad-based economic growth.

Second, mortgage applications are also increasing. Applications were up in January by 4.1% compared to last year. This has been led by people looking to refinance their homes, while mortgage applications by homebuyers remained at steadier levels.

Third, housing supply continues to be increasingly tight, with 10% fewer homes on the market than a year ago.

 

   Homebuyers are looking to lock in the current low rates.  

 

What do all of these numbers mean for you?

The growth in mortgage rates shouldn't affect the number of eager homebuyers very much because there is so much more demand than supply right now. However, this rise in mortgage rates might actually reduce the number of homes for sale even further.

Homebuyers should be looking to lock in the current, still fairly low mortgage rates. When mortgage rates increase further, homeowners will have less of an incentive to sell their current home and buy a new home, which will require a mortgage at a new, higher rate.

 

Does this mean you should worry about mortgage rates? Not necessarily. For example, if you’re looking to buy, the biggest impact will still be the number of homes in the Valdosta market. Fortunately, a number of great homes have recently come onto the market. You can check those out on signaturechoicerealty.com.


If you have any questions about where the current rates are at or you have any real estate needs we can assist with, please don’t hesitate to reach out and give me a call or send me an email. I look forward to hearing from you soon.

Posted in Market Update