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The Important Difference Between Buying and Selling Agents in the Triangle


The very hot Triangle real estate market is buzzing with spring activity; potential sellers and buyers have many questions as to how the process works. Flat Fee Realty has the buyer’s and seller’s agents that can help owners and buyers have a great experience.

Now, what is the difference between the buyer and seller agents. Regardless of the situation, our team at Flat Fee Realty believes that Triangle sellers and buyers in the Raleigh, Cary, Apex and the entire region will benefit from having an experienced and local agent by their side.

The two key roles that buyer’s and seller’s agents play during the real estate process are extremely important:

  • Seller’s Agent: The seller’s agents are also known as listing agents, and they will represent the seller throughout the selling process. They will strive to get the best deals for the seller, and they will often make suggestions during the selling process for making the home look its best. This process can include the staging for photographs, updates to the home to make it more desirable to buyers in the market, and other related strategies. Seller’s agents are also legally required to disclose important information about potential buyers, to minimize last minute surprises.
  • Buyer’s Agent: Buying a home in the Triangle is a milestone for many people in their lives, and it’s typically the first major financial decision they will make. Buyer’s agents protect buyers, and help them understand the often-complicated terminology used in contracts. This guidance helps them to more easily navigate the local housing market. Our Flat Fee Realty agents will help buyers get the best price for the home and point out any issues that need to be addressed during inspections and appraisals.

Buyer and seller agents are integral to the home buying process in the Triangle area. Our agents at Flat Fee Realty are eager to help each party have the best experience and save the most money. Contact us today to see how we can help you buy or sell your home!

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This important real estate blog post on selling and buying a home in the Triangle, is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.

The Future of Real Estate!

Flat Fee Realty

919 342 5230

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Terry@FlatFeeNC.com

Photo: Mastersenaiper, pixabay

5 Top “Super Secret” Home Buying Tips in the Triangle

FFR  Pic 1 august 14When it comes to purchasing real estate in the Triangle, there are a few truths even the most inexperienced home buyers in Raleigh-Durham know. Making location a top priority and cleaning up credit reports are on the list, but first-time buyers need to be savvier than ever before.

The following five “under the radar” tips are brought to you by Flat Fee Realty and are guaranteed to give buyers an edge as they look for a new home:

  • Get pre-approved, not pre-qualified: Pre-qualification is useful in terms of figuring out how much home is affordable, but that’s about it, because none of the financial information has actually been verified. Being pre-approved means obtaining a written (albeit conditional) commitment from a lender after a more extensive review process. This carries much more weight during negotiations with a seller, and leaves less to chance during the closing process.
  • Don’t always buy the best you can afford: Conventional wisdom says to buy the best quality items that are affordable. But in the case of real estate, leaving a bit more leeway is smart (consider the effects of a job loss or having a child, for instance). Still have money left over? Use it to build equity or make improvements to enhance your home’s value.
  • Learn to separate needs from wants: Everyone wants a stylish, move-in ready house that meets all 35 items on their wish list. But even with an unlimited budget, that’s probably impossible. Instead, think in terms of what can be changed and what can’t. Updated finishes can always be added—not true for a backyard or a great school system.
  • Don’t obsess over the housing market: Whether it’s the buyers or the sellers that are on top this year, if a buyer is financially able and needs or wants to buy, then it is the right time. Looking for a bargain in the Triangle? Motivated sellers and solid deals exist in any market, and our professionals can help you make the most of those hard earned dollars.
  • Work with Flat Fee Realty: Ok, so this isn’t exactly unheard of, but the most important thing for a homebuyer to do is to work with the best. It is free of charge, and gets buyers a personal shopper, expert negotiator, and legal and financial assistance. Take advantage of this opportunity and call Flat Fee Realty today!

Finding a good real estate partner, when looking for a new home, makes for less stress and less hassle during a time of both opportunity and challenge. We can manage the process and work in your behalf. Buying a house is an exciting time. Have fun and enjoy the experience.

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This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.

The Future of Real Estate!

Flat Fee Realty

919 342 5230

Contact Us

Terry@FlatFeeNC.com

Photo Credit: Alan Cleaver / Foter / Creative Commons Attribution 2.0 Generic (CC BY 2.0)

 

 

 

10 Tips for a Fast And Flawless Flat Fee Real Estate Closing

Flat Fee June 7 PictureConcessions have been negotiated, an offer was accepted, and the closing date is fast approaching. While it may seem like smooth sailing once the home has been inspected and appraised, the time prior to closing can be fraught with potential landmines.

These ten tips from Flat Fee Realty will help Triangle buyers and sellers come to the closing table with confidence:

  • While it is typical in North Carolina for sellers to take most appliances, be sure to leave behind any appliances that were included as part of the sale.
  • Do not remove any items that are permanently attached to the home, such as window blinds, curtain rods, ceiling fans, or light fixtures.
  • Make sure that all agreed-upon repairs or improvements are completed prior to the final walkthrough with the buyers.
  • Many closings are conducted with buyers and sellers present. If either party is travelling long-distance to the closing, confirm travel arrangements and allow adequate time for travel delays.
  • Don’t forget the keys and the garage door openers! Buyers will expect a key to the home, but also remember any other keys and remotes.
  • Buyers should provide their lender with all requested documentationas soon as possible. In these days of due diligence, lenders often double and triple check financial information, so don’t take additional requests personally.
  • Be upfront about any upcoming life changes such as maternity, sick, or family leave. These can raise red flags if left for the lender to discover on their own.
  • Refrain from applying for or opening any new credit cards or loans. Do not excessively use existing credit cards, or co-sign loans for others.
  • Avoid moving money around more than absolutely necessary. Transferring funds between accounts, changing banks, or rolling over a 401K can all lead to last minute delays.
  • If a large financial transaction is unavoidable (such as purchasing a car to get to work), inform the lender in advance so they can properly notate the loan file.

A delay or cancellation of closing is frustrating for everyone involved, but most delays are caused by minute issues that are well within the control of buyers and sellers. Whether you are taking on the sale of a home as a FSBO or are a first time buyer looking for expert guidance, Flat Fee Realty can help. Give us a call to find out how!

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This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.

The Future of Real Estate!

Flat Fee Realty

919 342 5230

Contact Us

Terry@FlatFeeNC.com

Photo: MarkMoz12 / Foter / Creative Commons Attribution 2.0 Generic (CC BY 2.0)

6 Tips for Selling Homes in the Triangle

stagingSummer is here in Central Carolina and the Triangle real estate market is booming! Warm, sunny weather and long hours of daylight have potential buyers on the hunt for their next home. It is the perfect time of year and the height of selling season. Now, what can the seller do to turn lookers into buyers?

These six selling tips offered from Flat Fee Realty will help get any home ready for showings, offers, and most importantly, a sale:

  • Roll out the red carpet (or maybe just a welcome mat): All joking aside, a little curb appeal goes a long way. Purchase a new, clean doormat, and add some colorful, potted flowers for the porch area or near the front door.
  • Neutralize it: Paint the interior in a sophisticated, basic shade. Provide a blank slate using gender-neutral beiges or grays to help buyers envision themselves in the home. Fresh paint smell is a very positive bonus for people wanting a “turn-key” house.
  • Focus on the three “De’s”: De-clutter, depersonalize, and detail clean. Clear all the counter and tabletops. Pack up pictures and knickknacks, and keep everything spic and span.
  • Follow the 30% rule. Closets and storage space are big selling points, especially in areas like the Triangle (where basements are rare). Aim for 30% empty space in these areas to accentuates their spaciousness.
  • Reduce and rearrange: Remove a few non-essential pieces of furniture to open up the rooms. Take what is left on the walls and arrange everything in a way that highlights the flow of each room.
  • Consider a pre-listing inspection: Every house has local competition. The house has to stand out over the rest. An inspection will alert the homeowner to any potential issues in advance (rather than waiting for them to pop up in the buyer’s inspection). Leave a copy on display at showings as an additional selling point.

Selling your home (not to mention finding a new one) can be an emotional and logistical rollercoaster. Whether homeowners take on the challenge as an FSBO (for-sale-by-owner) or are looking for a highly qualified, full service agent; Flat Fee Realty can help. To find out how, give us a call!

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This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.

The Future of Real Estate!

Flat Fee Realty

919 342 5230

Contact Us

Terry@FlatFeeNC.com

Photo: coco+Kelley/Foter/Creative Commons Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0)

 

 

2 Ways Flat Fee Realty in the Triangle Saves Homeowners Money

Flat Fee RealtyIndividuals and families in the Triangle move for any number of important reasons. Among the options they consider is the possibility of selling by owner. If you tell this to “big name” real estate agents, they will tell you that it is a bad idea.

It’s true that selling a home can be stressful, tedious, and often full of surprises and pitfalls. It is probably for those reasons alone that most sellers do not consider the For Sale by Owner process. They think it will be even more headaches.

Many people who want to sell their home on their own do it or one important reason. It can save money. Specifically, most people do not want to pay a large commission to a real estate agent (usually 5-7% of the sale price) for services they might not need or believe they can handle themselves.

Flat Fee Realty in the Triangle can actually reduce those large realtor costs and support the sale of a home in a variety of ways. As the Future of Real Estate here in North Carolina, our company provides everything you need and nothing you don’t, without the hidden costs or fees.

At Flat Fee Realty our strategies are different from the traditional brokers and national chains.

Here are two ways we help sellers keep a bigger portion of their property’s assets:

  • We streamline the sales process by focusing on the most essential services—only those proven to positively affect the home value and how quickly it sells. This allows us to provide our services at an amazingly reasonable rate (customized plans start at just $795).
  • Our packages are customized for sellers with a wide variety of needs. Our Flat Fee Marketing Plan works best for more experienced sellers who simply need access to the Multiple Listing Service (MLS) and the Centralized Showing Service (CSS). Our Flat Fee Plus plan provides full service representation and is perfect for sellers who want comprehensive guidance throughout the entire sales process.

With over 40 years of combined experience in the real estate industry, we’re ready to help you accomplish your goal of buying or selling a home. Curious about how we work? Give us a call today!

Photo: Flat Fee Realty
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This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.

The Future of Real Estate!
Flat Fee Realty
919 342 5230
Contact us
Terry@FlatFeeNC.com