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4 Top Reasons Why Some Triangle Home Buyers Should Look at New Homes

Ponsulak new houseThe real estate market in the Raleigh and Triangle area is red hot, and one of the strongest in the U.S. at the moment. Flat Fee Realty has noticed that many area home buyers must now compete for a shortage of existing houses. And many of these homes are being sold well above asking price. A lot of offers are simply not being accepted and are rejected for more money. Savvy buyers who don’t want to compete against others looking for houses often can turn to new construction.

Flat Fee Realty presents the top four reasons why some Triangle home are considering purchasing new homes instead of existing properties:

  • Home warranties: The warranties that come with a new home cover all major appliances such as the structure, HVAC system, plumbing and more. In an existing Triangle home, there may be costly issues that may need to be addressed, such as updating the roof or replacing the HVAC system.
  • Saving money: There are many ways that new homes can save money; most new houses are more energy efficient than existing ones in the Triangle. Energy efficiency can save a lot of money on utility bills.
  • Brand new: The ability to design a home from the foundation up ensures that it is exactly the way the home buyer wants it to be. Everything is planned into the new construction meaning there are no surprises.
  • Innovation and technology: Homes in the Triangle and Raleigh proper are indeed much more efficient that those built in the late 1990’s and older. New homes often have the best features that all Raleigh home buyers are looking for, like nine foot ceilings, open floor plans, and a great use of space. New homes being built in the region are up to date in many ways.  

Readers of this blog post, who want to view all of the communities in the Triangle area including new construction, can contact our team at Flat Fee Realty today to get information on new construction communities in the Triangle. 

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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.

Photo: Ponsulak, Freedigitalphotos

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4 Important Steps That Can Sell a House Fast in the Triangle Market

FFR- Jan 19 Pic- Stuart MilesThe Triangle has consistently ranked as one of the top places to live and work in the country. This is great news for anyone in the Triangle who is considering selling a home this spring. In 2016, Triangle real estate is indeed in a seller’s market, and it can be very financially favorable for people in the Triangle trying to sell a home. A true benefit of a seller’s market is that listings can often sell very quickly, especially when following the advice of our expert team at Flat Fee Realty. If there is an interest in selling a home in Apex, Cary, and Holly Springs and beyond, there will always be questions that need professional answers. The home selling process can be complicated, and homeowners need to do to get ready for the buyer. Spring is here.

Our team at Flat Fee Realty offers four important steps that can help Triangle home sellers sell in this exciting market:  

  • Do inexpensive home improvements and housework: This is often suggested by experienced realtors, and it is very true. For example, thoroughly cleaning and depersonalizing the home can make a big difference to potential buyers.  
  • Choose Flat Fee Realty: Some local area homes are selling quickly, but if a home is priced too high than it will not sell. At the same time, if a home is priced too low, the homeowner might not receive full possible value from the investment. A very good strategy is to get good information on pricing through the MLS, which can be accessed through Flat Fee Realty’s innovative product.
  • Know the market, the neighborhood, and the typical sale: In business, companies have to figure out who will buy their product and then they market to those potential customers. The Triangle real estate market is no different. A big step in selling a Triangle house quickly is figuring out the demographics of the likely buyer. Will it be a family, a newlywed or retiree? Knowing these answers can help Flat Fee Realty to sell the home quickly and for the best price.
  • Get the house on the market: The best way to sell is through the multiple listing service, also known as the MLS. This tool is used by almost every realtor and through Flat Fee Realty any listing will be uploaded to all of the popular listing websites, enabling maximum coverage.

Looking to sell a Triangle area home? Contact the Flat Fee Realty experts for more information about the Triangle home market and how we can help sell a Triangle home. Call us at Flat Fee Realty today at 888-649-9488 or visit our website for more information about home selling and buying in the Triangle.

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This post on selling and buying a home in the Triangle is brought to you by the team at professional 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: Stuart Miles, freedigitalphotos.net

5 Important Reasons Home Buying is Better than Renting

ddpavumba, fdpAs we rapidly approach the spring season of buying and renting homes in the Triangle, it is important for both potential buyers and renters to be educated on benefits. There are a various factors to consider when the decision is made. Thankfully for Triangle residents, the real estate experts at Flat Fee Realty have taken the time to compile a decision making guide for the spring 2016 season.

Here are the five most important aspects of decision making when choosing renting or buying:

  • Tax benefits: It is well documented that there are significant tax breaks that come with buying a house; stability is important when living and investing in the Triangle area.
  • Home equity: The question of equity is an important one. Every month of rent is yet another 30 days of paying the landlord.
  • Assessing the future: If one will likely be moving away from the Triangle in the next year, renting is probably a good choice. Individuals who plan on living in the Triangle for a longer term need to consider buying property.
  • Home ownership as a goal: A recent survey found that 94% of renters strongly desire to own a home in the future. It makes sense that, in 2016, this could be the right year.
  • Maintenance: One of the important aspects of renting is the challenge of getting repairs and updates done to the home. It is usually up to management to react and improve a situation, and often it is handled to the benefit of the owner, not the renter. Buying a home ensures that the right decisions are always made for the benefit of the owner.

Now, who is ready to start shopping for a Triangle home?

Contact us at Flat Fee Realty for more information about the Triangle home market and how Flat Fee Realty can best help throughout the home buying process. Call us today at 888-649-9488 or visit our website for more information about home buying in the Triangle.

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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. Call us with all your home buying questions.

The Future of Real Estate!

Flat Fee Realty

919 342 5230

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Terry@FlatFeeNC.com 

Photo: ddpavumba, freedigitalphotos.net

4 Ways Sellers Can Improve the Value of Triangle Homes

FFR- Jan 19 Pic- Stuart MilesThe busy spring season of buying and selling homes in Raleigh and throughout the Triangle is almost upon us. In order for Triangle home sellers to get the most value out of selling their local homes, Flat Fee Realty wants sellers to focus on the tried and true ways to improve area homes.

While each home for sale in the Triangle is a little bit different, homeowners have consistently found these strategies to be simple yet effective ways to truly improve the value of almost any Triangle home before it goes on the market.

Here are the four most important lower-cost improvements that Flat Fee Realty has seen homeowners make; they can often have a high return on investment:

  • New front door: First impressions are everything, and the entry way of the home, for potential buyers, is the first differentiator they see. Adding a new steel front door has topped the National Association of REALTORS Cost vs. Value report. Homeowners often recoup almost 100% of the cost of this improvement. 
  • Adding backup power: In the same report, installing a backup power generator brings back almost 70% of its cost, and is trending upwards in value. Here in North Carolina, this could be an excellent selling point with our bad weather often associated with ice storms and hurricanes.
  • New fixtures: It’s an easy replacement strategy. Old fixtures (such as brass or gold) are a turnoff for many buyers. Changing them out with popular styles can appeal to Triangle home buyers. 
  • Adding square footage: Although this one is more optional than a requirement, any added living space without increasing a home’s footprint (such as finishing a basement, creating an attic bedroom, or adding a rear deck addition) brings high average returns.

All of these improvements will appeal to the widest range of Triangle homebuyers and put more money into a seller’s pocket. Another great way for Triangle homeowners and homebuyers to save money is using Flat Fee Realty. Learn more about Flat Fee Realty today and how it is the best way for Triangle homeowners to list their home. Visit our website or call us toll-free at 888-646-9488 to begin saving on selling homes in the Triangle.

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Photo: Stuart Miles, FreeDigitalPhotos

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

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Contact Us

Terry@FlatFeeNC.com

What is the Difference between a Buyer’s and a Seller’s Agent

ambro couple (2)An important question often asked by Triangle home buyers or Triangle home sellers is: ‘What is the difference between a buyer’s agent and a seller’s agent?’

Knowing the difference between the two is not only important to selling or buying a Triangle house, but it could potentially save you thousands of dollars in the Triangle real estate market. Often both types of agents are highly involved in the selling of a home in Raleigh, Durham, Cary, Apex and the surrounding area and it is important that any potential Triangle homebuyer or seller have knowledge of the roles each type of agent play in the real estate market. Flat Fee Realty explains the differences.

A seller’s agent, or a ‘listing agent,’ handles the following aspects of selling a Triangle home:

  • Represents the buyer: First and foremost, they are the Triangle home seller’s representative. This means they are trying to get the best price and terms for the seller, and not the buyer.
  • Acts as a guide to prepare the home for sale. They usually make selling suggestions and help stage, photograph and show the house to potential Triangle area home buyers.
  • Shares home buyer information: Finally, a listing agent has the legal obligation to share with the seller any information that they find important about the potential buyers.

The buyer’s agent is responsible for representing the following aspects of the home selling process:

  • Understands the market place and the comps in the area and local neighborhoods: Ability to help get accurate inspections set up for the home that is chosen. Inspections can catch issues and repairs that could potentially cost thousands of dollars in the future.
  • Protects the buyer. A professional set of eyes and ears are needed to look out for the buyer. Buying a home is a major purchase and something people do quite rarely in their lives. A buyer’s agent will make sure all of the contract language and promises made by Triangle home builders are followed through and in the best interests of the Triangle home buyer.

Both the buyer and seller agents are frequent partners in the Triangle home buying process. Residents looking for change as we head more deeply into 2016 need to know that Flat Fee Realty saves both time and money. Cost effective commission fees are the norm and the level of professionalism is what is expected in this very popular marketplace. Call us at the phone number below or work with Flat Fee Realty today by visiting our website.

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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

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com

Photo: Ambro, FreeDigital Photos.net

 

 

4 Reasons Why 2016 is the Year to Buy a Triangle Home

home search, hywards, freedigitalphotos.netMany home buyers in the Triangle have been waiting patiently! They have been slowly saving their money; preparing, learning, and trying to decide when is the right time to buy a new home. This is the year! Triangle real estate professionals have repeatedly predicted that 2016 will be one of the best years for home buyers in Raleigh and the region.

Local real estate professionals consider many factors before determining how the real estate market will be in the future. Here is why 2016 will be a record year in central North Carolina.

Flat Fee Realty believes in the following key factors that we think will make 2016 a great year for Triangle and Raleigh buyers and sellers alike:

  • ​More houses will be on the market: One important local real estate trend in 2015 was the selling of homes that had positive home equity. This created a seller-friendly real estate market. It also, at times, increased the likelihood of a multiple buyers for one property which in turn solidified the asking price. More homes will be available in 2016.
  • Mortgage rates might increase in the coming year: While current mortgage rates are still some of the lowest in history, it is expected that the rates will likely rise. While it will still be possible to have historically affordable mortgage rates, buyers will be looking soon for a home.
  • Average rent rates are on the rise: Over the past several years, the average rent has risen for apartments, town homes, and rental homes all across the Triangle area and nation. With those rising rates, it is becoming more and more apparent that the best financial choice for many people in the Triangle is buying a home. 
  • The availability of online tools: The access of information that the average Triangle home buyer has today is incredible, both in volume and accuracy. Buyers and sellers are more informed than ever. One such tool offered is our own from Flat Fee Realty, an online MLS listing service that enables home buyer and home sellers to bypass the expensive fees of realtors.

In 2016, buying or selling a home in the Triangle area has never been more defined as a process. Call us at  Flat Fee Realty! With value-based fees, easy to use interface, and a service track record of success when it comes to buying and selling houses; Flat Fee Realty is the smart choice for home buyers and sellers. 

Visit our website to get started today.
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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

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com

Photo: Hywards, freedigitalphotos.net


 

 

 

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