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This entry was posted in Selling and buying homes in the Triangle and tagged Apex, Buyers, Cary, Durham, Flat Fee, Flat Fee Realty, Fuquay-Varina, Holly Springs, Home buying, Home selling, Houses for sale in the Triangle, Morrisville, Multiple listing service, Posted in Selling and buying homes in the Triangle | Tagged Apex home sales, Raleigh, Raleigh Home Market, Realty, The Future of Real Estate!, Three Reasons Why Fall and Winter are Great for Selling Triangle Homes, Triangle Home Market, Triangle home sales, Triangle real estate, Triangle schools.

5 Crucial Factors in Triangle NC Home Selling

April 23, 2017November 26, 2016 by imusocialmedia

vichaya-kiatying-angsulee Triangle home buyers and home sellers may find the home appraisal process somewhat confusing. Many individuals considering a change believe a real estate appraisal determines the “real value” of the home for sale. However, appraisals actually help determine the amount a Triangle mortgage moneylender will lend on a local home purchase. An appraisal too low can limit the credit extended; an appraisal too high can leave the appraiser vulnerable to issues that could hamper a purchase.

Our professional team at Flat Fee Realty understands that the appraisal process is crucial and important information. In fact, most everything involved in the process of home buying and selling depends on the all – important appraisal.

Flat Fee Realty offers five crucial factors that could make or break a home appraisal:

Assessments: There are different values for a home. The value of a house is done by a local government for tax purposes. It serves as “additional evidence” for the appraiser.
Triangle location: An appraisal may include a comparative market analysis (CMA); which looks at similar type homes, considering variables such schools, traffic patterns and other surrounding factors such as privacy and view.
Triangle real estate markets: Important factors to consider include supply and demand, and the economy of the local and national home markets. Sometimes a low appraisal is more about the challenges of a local market than the house in question.
Physical demographics: This information includes age of the structure, the square footage, the amount of bedrooms and bathrooms, the age of the roof, siding and driveway. The appraisal will also reflect the age of the HVAC system, the quality of the initial construction and the value of fixtures, such as floor coverings, and plumbing. In storm-prone areas, drainage may also be important.
Purpose of the appraisal is important. Flat Fee Realty and the seller determine the price of the home based in part from the appraisal. A Triangle buyer may need to compare home value in different neighborhoods and price ranges. Lending institutions often want an independent appraisal as well.

An experienced Flat Fee Realty agent is knowledgeable when it comes to assessing low appraisals; there are also other complex issues involved in the buying and selling of local Triangle area real estate. We provide assistance in navigating the often confusing buying or selling process. Flat Fee Realty is here to help. Give us a call with your questions today!

Have a great and joyous Holiday Season!

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

Photo: stuart miles, freedigitalphotos

3 Considerations That Help Chose the Right Triangle Real Estate Agent

November 14, 2016 by imusocialmedia

Buying or selling a Triangle home can be hectic, but finding an experienced and successful real estate agent can alleviate any additional stress! The team at Flat Fee Realty possesses local, regional, and state housing market knowledge that can help empower both home buyers and sellers to make the right choices at the right time for the best deal.

With so many options in the Raleigh area marketplace, it can be overwhelming to decide the right partnering and opportunity.

Flat Fee Realty offers three considerations to look out for when choosing a Triangle real estate agent:

Ask friends and neighbors for referrals: If a family or friend has recently sold or purchased a Triangle home, ask about their experience. Many of our Flat Fee Realty clients will likely be happy to share their experience and give some advice. Part of finding a great real estate agent is doing a bit of research, so utilizing referrals from trustworthy sources is a good way to start.
Check for licensing: Our agents at Flat Fee Realty are licensed and often hold certifications in specialized training. Realtors licensed by the state are simple to research. Also, specific certifications may hint toward expertise and fit.
Be ready to ask the important questions: After researching agents it’s best to have plenty of questions prepared for each of them to answer. Ask about current listings, market trends, and what recent homes have been listed and their selling price. This will allow buyers and sellers the opportunity so assess both commitment and experience. Flat Fee Realty agents who are chosen will be important to the transaction and will provide all the information necessary to make this important decision with all the facts.

The Triangle and Raleigh housing market is a great one and we want our clients to know what is best for them at all times. We are eager to help guide everyone through the process. Buying and selling in this hot market is what we do best!

Contact us at Flat Fee Realty today to see your home buying and selling options in the Triangle area!

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

Photo: meditations, pixabay

Three Reasons Why Fall and Winter are Great for Selling Triangle Homes

October 27, 2016 by imusocialmedia

Some people in the Triangle believe it is almost impossible to sell a home once the temperatures drop and the year approaches the New Year. At Flat Fee Realty, the Triangle’s local real estate specialists, we know that home buyers in and around Raleigh will purchase the perfect home any time of year. Homes indeed sell, and right through the winter with the right agent who helps promote and guide the real estate transaction.

From Flat Fee Realty, we present three reasons why fall and winter are two of the best seasons to list a home in the Triangle:

Higher sale prices in the Triangle: Residential properties from Apex, Cary, Raleigh, Morrisville, Holly Springs and beyond are continuing increasing in value. Sellers can find the buyers willing to pay market value, especially as we head to the holiday season and the beginning of 2017. There is great chance that people will continue to look and submit offers regardless of the season. There always is year around opportunity because of the mild winters and lack of snow. At Flat Fee Realty our team of professionals can find the perfect buyer willing to move into a new home any month in any year.
Fewer homes for sale in the Raleigh and Triangle area: Homes hold their value regardless of the month. In fact, there might be a fewer choices as well. As a very general rule, home selling and buying popularity reaches its peak in spring and into early summer. Although the quantity of homes might be less in winter than spring; there is still Triangle home selling and buying every single month of the year. It is a sellers’ market in both warmer and cooler months and homes sell in this market.
Very motivated buyers: If the market is a little smaller as the end of the year approaches, it can mean more buyers too. Many people are very motivated to get in before New Year’s Day. People are always willing to look for homes this time of year, and finding the one that meets their needs is just as important in November as it is in June. And buyers are often more qualified and interested, and willing to accept pricing. This is good news for sellers.

Of course, it is best to show a house with great curb appeal by making sure the property is cleared of leaves and the outside is neat and trim. The more natural light in the rooms, the better, and it is important to use timers and modern technology to keep the lighting pleasing after dark. Always make sure that the house is cozy and warm, with fireplace burning, to make it even more inviting. With good staging and timing, anyone can sell a home this time of year! Give us a call and we will put everything together. W are the future of real estate in the Triangle.

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.

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

Photo: Stuart Miles, freedigitalphotos

3 Skills that Make Real Estate Agents Great

December 23, 2015 by imusocialmedia

survey- tiramisustudios- freedigitalphotos.net All real estate agents have some traits in common. Of course, every one of them can show homes, negotiate contracts, and attend closings. They all have access to the MLS and can get buyers to look at their listings. However, there’s a world of difference between a great agent and an average one. The great agents are advocate for their clients.

The experienced agents at Flat Fee Realty want Triangle buyers and sellers to choose carefully. Below, we share three important skills that make a great agent:

The great will tell the inconvenient truths: Many agents tell their clients only what they want to hear, because they don’t want to risk losing a sale (or their commission). Unfortunately, glossing over problems doesn’t make them go away. Roadblocks in the selling process are very common, from negotiation faux pas to appraisal issues. A great agent will give you the straight news, and lay out no-nonsense options for moving forward.

The great will make the process easy and simple: To the outsider, buying and selling real estate looks easy. The fact is, many challenges occur behind the scenes, with buyers and sellers often unaware of any issues. This is what the experienced agent will do for clients. Excellent agents are proactive. This foresight is what allows the agent to pave the way for a smooth transaction for their clients.

The great will work hard, taking the time to do everything right for the client: By law, real estate agents are supposed to put client needs first. In practice, this doesn’t always happen (even if it’s unintentional). A great real estate agent should be able to fully explain their pricing and marketing strategy, taking into account the seller’s priorities (for example, selling quickly versus waiting for a higher offer). A great agent is interested in your ideal outcome, and if you are willing to wait for a better offer, they should be too.

Every home is different, and so is every real estate agent! The only way to find an agent to fit a buyer’s or seller’s needs, preferences, and personality is to meet several and compare. Properly vetting and choosing a great real estate agent will go a long way to making any transaction seem as seamless as possible.

To find out how an agent from Flat Fee Realty can be your best advocate in the buying or selling process, contact us today!

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.

Flat Fee Realty

919 342 5230

Photo: tiramisustudio, Freedigitalphotos.net

3 of the Biggest Fallacies When Buying and Selling a Triangle Home

December 9, 2015 by imusocialmedia

stockimages-telling a secret-freedigitalphotos.net Myths, fallacies, and sometimes outright falsehoods abound in the real estate industry. These old wives tales are frequently circulated amongst unknowing buyers and sellers, making them think twice about buying and selling. Usually, a little research is all it takes to uncover the truth, but they staying power of these stories is still surprising.

The fact-finding real estate agents at Flat Fee Realty are determined to educate buyers and sellers with the right three facts:

A home must be updated to sell: With so much new construction in the area, it’s easy to assume that if a home doesn’t have walk in closets, a kitchen island, or a third floor bonus room, it won’t sell. However, many homes in extremely desirable areas don’t have these features, simply because they were built years before those features became trends. While the sales price may or may not take this into account, many times all that’s necessary is a buyer with a vision.

Condominiums and townhomes are harder to sell: Strictly by the numbers, it’s true that there’s more demand for detached, single-family homes, but those properties also usually appeal to a totally different market than their multi-family counterparts. The multi-family market is smaller, and financing restrictions can be tough to navigate, so be sure any professional involved is experienced with these types of properties.

New construction means no problems: A lot of buyers think, similar to purchasing a new car, opting for new construction will guarantee maintenance free living (at least for a few years). Nothing could be further from the truth. Quality of construction varies widely (inspections only check for adherence to building codes, not quality), and the unknowns of a brand new, unfinished neighborhood are numerous.

There are a lot of nuances to the real estate industry. Aside from that, trends, best practices, and laws are always changing. Perhaps that’s why most of these mistaken beliefs are so prevalent. It’s also why it’s important to have an expert agent assisting in the buying and selling process.

If you’re thinking about buying or selling a home, contact us today! Flat Fee Realty agents are waiting to make sure your decisions are based on logic, not urban legends.

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.

Flat Fee Realty

919 342 5230

Photo: stockimages, Freedigitalphotos.net

4 Reasons to Sell a Home during the Holidays and Winter Season

November 19, 2015 by imusocialmedia

Gingerbread House- Serge Photography- freedigitalphotos.net As real estate’s super busy seasons wind down, it’s common for Triangle sellers to question whether the winter is a good time to sell, and if it’s worth it to leave their home on the market. Popular wisdom says to take it off the market and try again in the spring, but there are actual many distinctive advantages to promote a home on the market in December, January, and February. The expert real estate agents at Flat Fee Realty want home sellers to wisely spend their time, energy, and money in the cool months of North Carolina.

The professionals at Flat Fee Realty share four important reasons why it’s a great idea to keep a home on the market in winter:

Homes look attractive during the holidays: With admittedly fewer buyers making the rounds, it’s especially important to impress the ones who do show up. During the holidays, homes usually feel warm, look inviting, and smell good. Holiday decorations can do double duty for home-staging.
Most buyers look online first: Before the rise of the internet, the short daylight hours and the occasional wintry weather made it less likely that buyers would want to see homes for sale. Since the vast majority of buyers view homes online first, every day of the year is good.
There is less competition: Inventory in the Triangle real estate market is already low, and as the holidays approach, sellers will take their homes off the market for various reasons. That will make the inventory even lower, putting the sellers that remain at a big advantage.
Buyers are more serious: People move to the Triangle every day and every week, regardless of holidays or seasons. With the busy holidays on everyone’s calendar, only the most serious buyers will make room in their already busy weekends to see homes. Chances are, if someone is looking to move in the winter, they have the incentive to do so. The seller wins when buyers are motivated.

While the Raleigh real estate market does still have its predictable highs and lows throughout the year, the traditional seasonal distinctions are becoming less and less important. There is only one selling and buying certainty. A home that’s not on the market will never sell.

Is this the season to sell or buy for you? The real estate agents at Flat Fee Realty help buyers and sellers navigate current real estate trends and date to make only the best decisions. Contact us today!

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.

Flat Fee Realty

919 342 5230

Photo: Serge Bertasius Photography, Freedigitalphotos.net

Top 4 “What to Do’s” for Using Social Media in Home Selling

November 6, 2015 by imusocialmedia

Almost everyone in the Triangle has a social media account on one of the top platforms like Google +, Twitter, and Facebook. Whether it’s used to keep up with distant family members, track ideas, find inspiration, or even find some childhood friends; social media is everywhere. And it is truly a positive aspect of our lives when used responsibly. These platforms can actually be serious tools for buying and selling homes. It is critical to get advice and guidance from our knowledgeable team of real estate professionals.

Take a look at the list below to find out how our agents at Flat Fee Realty share their ideas for successful home buying and selling:

Lay the foundation for the sale: There are some things you can do on your own to create social media pages for the Flat Fee listing, including professional pictures, a description, and maybe even a short video or virtual tour. Research and use hash tags in order to track buyers potentially relocating or looking for a property in the area.

Focus on friends: Don’t have thousands of friends, followers, or connections? Don’t worry. Take advantage of social media’s reach by sharing our Flat Fee Realty listing and asking friends to like and share with their friends too. This immediately expands the reach of a listing, without the stress and regret of indiscriminately adding random contacts.

Engage with followers: Hopefully, potential buyers will be “liking” the listing and commenting in just a day or two. Check the page every day in order to comment back, share more info, or answer any potential questions.

Don’t overshare: It might be tempting to vent about being ready to move out of the neighborhood, or asking for advice on negotiations, but resist the urge until checking with your Flat Fee Realty agent. Never risk giving away sensitive information that buyers could use to lower the sales price or gain other concessions. Once a house is under contract, you can delete the accounts.

New developments in the real estate market are happening all the time, and using social media to buy and sell homes is a tool many people use. Social media is a great way to expand the reach of your listing, create buzz about the home, and ultimately lead to a sale. Just make sure you work with your agent when you are contacted.

Social media can be an excellent sales tool, but it can’t work miracles and it does require a strategy. The Flat Fee Realty Team can help Triangle buyers and sellers focus their efforts for the maximum reward.

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.

Flat Fee Realty

919 342 5230

Photo: ddpavumba, Freedigitalphotos.net

4 Important Truths about Selling a Home in North Carolina

October 22, 2015 by imusocialmedia

myth or fact- stuart miles- freedigitalphotos.net We offer an important fact. Most people find the unknown a little bit scary, and homeowners in the Triangle and North Carolina are no different. It is an exciting 3^rd Quarter in Triangle real market. And it might be the right time for many owners in Raleigh, Cary, Apex and vicinity to trade up. While envisioning a new home is easy, making the decision to sell a home is often difficult.

Our experienced real estate professionals at Flat Fee Realty share three very important facts about selling a home as we head to 2016:

Overpricing a home can help the neighbors more easily sell theirs: Every home for sale is in direct competition with other homes for sale in a neighborhood. If priced too high, it will never show up when buyers search in the range that it should be priced. It will show up in higher priced searches, along with a neighbor’s bigger, nicer homes. Not many buyers are willing to pay more for less.

Selling a home is often more than just a daily inconvenience: Every home seller has disruptions and inconvenience. Getting the home ready to sell; packing, and the interruption of daily schedules and activities are all part of moving. Keeping expectations under control will make the entire process easier.

Ignoring a home repair will cost more than the repair itself: Fixing a repair before a home is under contract is almost always easier and less expensive. Once a buyer notices the need for repair, they will use it to negotiate a lower sales price. They’ll think other repairs will be needed as well. They’ll want a bit more of a reduction to cover the cost.

Closing day is the final day: When closing day arrives, sellers must have all of their belongings moved out, leaving the home clean and in move-in condition for the buyers. Extra time isn’t allowed, unless of course a seller has negotiated this with the buyer. Of course, there’s a cost to this, as buyers will want financial compensation, or “rent”, if sellers want to stay in the home past closing.

There are countless myths surrounding the home buying and selling process, and sometimes it seems like everyone is an expert. This couldn’t be further from the truth. Experience counts in real estate. Working with a knowledgeable, reliable Flat Fee Realty agent is the best way to find out the straight truth about the sales process.

The real estate agents at Flat Fee Realty want to help Triangle buyers and sellers separate fact from fiction. Contact us today to find out the essential things to know before deciding to buy or sell a home.

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.

Flat Fee Realty

919 342 5230

Photo: Stuart Miles, Freedigitalphotos.net

4 Important Traits that Help Sell a Triangle Area Home

October 8, 2015 by imusocialmedia

Sold House- Stuart Miles- Freedigitalphotos.net Almost everyone has heard at least one dreadful story about a real estate transaction gone awry, featuring a pushy, inexperienced or unethical real estate agent. So it’s no surprise that when home owners are ready to sell, some people in the Triangle decide to forego the agent relationship entirely and sell their home by-owner (FSBO). However, what they often fail to realize is that once that FSBO sign is in the yard, the owner IS the real estate agent (at least in theory).

That role comes with a lot of responsibility, and not everyone is naturally equipped to handle it. Brought to you by the top real estate agents at Flat Fee Realty, here are four essential personality traits a successful listing agent should possess:

A wide knowledge base: The Triangle real estate market is hyper-local and varies from neighborhood to neighborhood and even street to street in some places. Not only that, but it is constantly shifting. From the listing price to the marketing plan, specialized local market knowledge is a huge part of successfully listing and selling a home.

A bias towards extroversion: Being friendly and personable goes a long way, but it just isn’t enough when it comes to selling a home. A solid base of professional contacts and personal connections is an important part of bringing potential buyers into the picture.

Unfailing attention to detail: From the home staging to the paperwork, a good real estate agent is highly organized and able to dot the “I’s” and cross the” T’s”. Returning calls promptly, following up after showings, taking pictures from the best angle, and accurately completing complicated contracts are all areas that have the potential to trip up sellers who are not in the know.

Assertiveness: This can best be described as forcefulness tempered by a huge dose of politeness and diplomacy. A successful real estate agent is not afraid to speak up and advocate tirelessly for the best interests of their client, all while keeping emotions at bay.

Selling a home by private owner can work occasionally for some sellers. However, most of the time a frustrated owner ends up seeking the professional advice of a licensed real estate agent, after the home has been sitting on the market for weeks or even months on end. By that time, a dramatic price reduction might be necessary to renew buyer’s interest in a home that has been languishing on the market.

If the profile above doesn’t describe certain sellers, don’t despair. Whether you are thinking about selling on your own or seeking full-service representation, Flat Fee Realty can help! Contact us today for the most up to date information and guidance.

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.

Flat Fee Realty

919 342 5230