HOMM Real Estate Services Blog



Whether you’ve been looking for a new home for a long time and have finally found the right one or a home you’ve had your eye on has recently been put on the market; you’ve just decided on your dream home. Knowing exactly what you want is an exciting prospect. You feel confident in your decision.  Plus, you can already envision where the couch will go and the art you want to hang. Before running away with a fantasy, you have to sit down and write the offer. You have made this terrific decision, but now you have to deal with the logistics. You might ask yourself what you can do to ensure the seller is impressed with your offer and while cold hard cash might be ideal, very few of us are lottery winners. Fortunately, there are still great ways to ensure the seller takes your offer seriously and improve your chance of acceptance. Here are our top 5 ways to make your offer stand out.

1. Pre-Approval Letter – A pre-approval means your lender has run all the numbers and gathered all the documentation necessary to close the loan. Having pre-approval shows the home sellers that you are serious about the offer and ready to move when prompted. Unsure how to go about getting pre-approved? Talk to your agent about the resources you need and they’ll connect you to the right lender.  

2. Contingency Removals – There are certain contingencies in place that are necessary for both physical and financial safety. Don’t remove any contingency that could put you at risk. There are plenty of contingencies though you can safely remove. By removing those or shortening the contingency periods, you’ll provide peace of mind to the sellers, thus making your offer more favorable. Again, your agent is in your court and has the experience to understand the pros and cons of all the contingencies.

3. Sell Your Home First – Nothing says serious offer quite like having your home sold. If a buyer still needs to sell their home, sellers can take that as a red flag. Especially if a buyer needs to sell their own home before closing.  Sell before you write the offer whenever possible.

4. Escrow Period – In buying and selling timing is everything. Work with the right agent who will know how to present your offer, and will understand if a longer or shorter escrow period is needed based on the seller’s moving needs.

5. Win-Win – Most importantly, show the seller that you want to create a win-win situation for you both. Negotiations will happen, but if you avoid seeming unreasonable or demanding, you’ll be making an offer they can’t refuse.

While the price is always important to the home seller, there are other valuable concessions or offers which can mean as much. Have you found the “Right Realtor” to work with? One who knows how to negotiate the most beneficial real estate deal for you. Look no further than the expert agents at HOMM Real Estate Services, who view the transaction as a win for all sides and learn what’s important to the seller before you write the offer. By accommodating their needs as much as possible, you are more likely to have your offer accepted. Thus, making your buying easy as pie.   

HOMM Real Estate Services, located in the Brandon, Florida area of Tampa-Bay focused to Hillsborough, Pasco, and Polk Counties. As a full-service general real estate company, we specialize in general real estate, home buyers, home sellers, new home construction, rentals, tenants and landlords, and property management.

Learn more about Marie Negron, her team and HOMM Real Estate Services. Call 813-684-5954 or email info.hommsales@gmail.com to get started.

 

Posted by Marie Negron, Owner on October 30th, 2019 9:35 PM


Although it’s only the beginning of October, the holidays are coming much sooner than you might think. Halloween, for one, is only a few weeks away! You might think that now is not the time to buy or sell but we are here to give you some tips and dispel any myths. 

Buying during Autumn

You might think all the homes for sale would be sold by the first cooler evening.  But in reality, many homes do not sell by the time school starts. They tend to linger on the market into early fall months. Plus, they could be at a deep discount after being on the market all summer. Moreover, there are plenty of fresh houses on the market with sellers looking to put up a sold sign before the even slower winter months. What is your biggest strength? There are fewer buyers out searching; meaning you should have more options and more leverage. Autumn can be the perfect time to buy a home if you play it right. To make sure you’re ready, follow these few steps: 

•    Be prepared. Fall home buyers should be ready to move when they find the right home at the right price. Get prequalified so that you can jump at the right opportunity.

•    Establish a price range and stick to it. Because the market tends to see seasonal slow-downs, you and your Realtor have more opportunity to make your money go even further than it would in the busy months. 

•    Notice the imperfections. With hurricane season and rain every day, homes can show their scars. Look for evidence of water intrusion and evaluate the yard debris. Imperfections in the gutters or ceiling will become more apparent and there will be no surprises.

•    Visit the local school. With school back in session, you can see everything a school has to offer and how everything runs. This is also a good time to visit and ask questions from teachers and administrators. They are fresh from the summer and prepared to answer any and all questions. 

•    This last one might seem contradictory but, wait for winter if necessary. Buyers all but evaporate in the winter months, so while the competition seems low in the fall wait for the right home to come along; even if it’s in January. 

Selling 

On the flip side, selling during fall and into the holiday season isn’t as difficult as you might think. The holiday season seems distant at the moment; but in reality, as soon as you’re taking cobwebs and the candy bowl down, you’ll have a gorgeous wreath to put up.  Many home sellers are concerned it’s the wrong time to list their homes. In reality, your home shines a little brighter in the holiday season. Your home is all dressed up in its holiday bests; meaning the buyer will feel more emotionally tied to it. There is no need to wait for the hectic New Year selling season to list. There are benefits to selling now!

•    Lower Inventory – Conventional wisdom attempts to say taking your home off the market and waiting until spring is the best way to sell. In reality, with less competition on the market, your home will stand out to buyers and you’ll be able to negotiate a price that works for both of you. 

•    Your competition is distracted – While most people are cozying up with a Pumpkin Spice Latte or out trying to find the best deals during holiday shopping, you’ll be able to sell your house with the ability to focus on your own sale and not worry about what everyone else is doing. 

•    Serious Buyers – Similarly to distracted competition, most buyers are pausing their home search. While that seems counterintuitive, in reality, the buyers that are shopping for a home mean business. Moving is not fun at any time of the year, but the holidays are especially complicated. The holidays are a time to relax and enjoy family and friends. Buyers willing to seriously shop during the most wonderful time of the year are absolutely serious about purchasing a home. In real estate, studies show that if a buyer is out looking for a new home during these months, they have a reason to move which tends to create better offers. 

•    Interest Rates are still Low – Traditionally, Interest Rates stay on the lower end during the holiday season. The New Year looms and no one knows what is coming; so you can rely on a consistently lower interest rate.

In conclusion, whether you want to buy during autumn or sell during the holidays, HOMM Real Estate Services can help. From finding you either the best buyer or home for sale in a slower market to negotiating the price you not only need but want, HOMM Real Estate Services will make sure you are taken care of all throughout the season.


HOMM Real Estate Services, located in the Brandon, Florida area of Tampa-Bay focused to Hillsborough, Pasco, and Polk Counties. As a full-service general real estate company, we specialize in general real estate, home buyers, home sellers, new home construction, rentals, tenants and landlords, and property management.  Learn more about Marie Negron, her team and HOMM Real Estate Services. Call 813-684-5954 or email info.hommsales@gmail.com to get started.


Posted by Marie Negron, Owner on October 4th, 2019 12:23 PM


Search the Internet

We use the internet for just about everything. From recipes to how-to videos to even asking Alexa or Siri the weather; we live in the information age. The internet offers advice on just about every topic imaginable and real estate is no exception. You’re even reading this blog via the internet! More and more home buyers are starting their home search online and it can be easy to think you can learn everything from a few Google searches. While the web has plenty of resources to help with your home search, there is a simple truth that the internet cannot replace your agent.   

 

The reality is that your real estate agent does so much more than answer your questions and open doors with a particular key. The real estate profession has been around for a long time and no technological developments can make expertise obsolete. A professional real estate agent will be there every single step of the way. The right agent for you has the background knowledge you need, but more importantly the experience necessary to navigate the complicated home buying process and solve any common hiccups that come up regularly in the home buying process. Not to mention, having seen many hiccups before, they solve problems quickly, with no internet search needed.

No substitution

Just like Alexa cannot be a substitute for real human connection, the internet cannot have the same connections that your real estate agent does. Your real estate agent is a local professional. They’ll start by presenting themselves to buyer’s agents as someone who will work with them to see the transaction through to a successful conclusion for all parties involved. Think about it, your real estate agent has made a career out of closing deals. Moreover, Realtors® have a network of local professionals who understand the market to work as a team to help you through the process. These include such professionals as: lenders, title reps, escrow officers, transaction coordinators, home inspectors, contractors, and handymen, among others.

Ally

Most importantly, your agent is your ally and point person in the home buying process. They negotiate on your behalf – armed with experience and understanding of customary charges, costs, and terms. They will ensure that the price you pay for the home is fair for the condition and neighborhood. They will negotiate repairs, if needed, and make sure you are protected with the proper contingencies. Your agent has your best interests in mind and will make sure every aspect of your home buying process runs smoothly and efficiently.

The Internet is great for many things from Pinterest inspiration for fixing your phone to even read up on the real estate market in your town. While the web offers lots of great information, the most important step you can take when buying a new home is hiring a local professional real estate agent. Their knowledge and expertise can’t be found by reading an article or two online.

 

HOMM Real Estate Services, located in the Brandon, Florida area of Tampa-Bay focused to Hillsborough, Pasco, and Polk Counties. As a full-service general real estate company, we specialize in general real estate, home buyers, home sellers, new home construction, rentals, tenants and landlords, and property management.

Learn more about Marie Negron, her team and HOMM Real Estate Services. Call 813-684-5954 or email info.hommsales@gmail.com to get started.

Posted by Marie Negron, Owner on August 27th, 2019 10:19 PM

Is It Time to Move? 6 Telltale Signs you need a change 

Most people dread even just the thought of moving. However, those same people feel over the moon once they’ve completed their move. From packing every little thing to transporting precious furniture safely, the logistics of moving seem scary. An even bigger fear is the fear of change. Your home is, well, your home! You have a deep emotional attachment to it and nostalgic for the time you’ve spent in it. The way you feel is completely understandable, but a home that no longer fits your needs can make even the most beloved home feel uncomfortable. Yet, there’s a nagging voice in the back of your head saying is this right for me and my family?

Here are 6 telltale signs that you should consider putting a “For Sale” sign out front.

  1. Your Home is Too Small - Have you found yourself waiting in a bathroom line that reminds you of your school days? Or constantly stepping on toys or toes just to get around the house? You’ve probably outgrown your home. Sometimes you don’t even realize the kind of space you need to live comfortably until your home gets uncomfortable. Moving to a new home means you can ensure you have the right number of bathrooms and a bonus room with ample toy storage.
  2. Your Home is Too Big - Life changes! Suddenly that extra bedroom looks less like a guest bedroom and more like another room to clean. Empty Nesters often find there is too much to maintain in a large home. You finally have the time to travel and relax, why spend it keeping up a house that no longer fits your needs?
  3. Your Home is Too Expensive - Are you spending all your extra cash on making repairs? Does it feel like every time you turn around you have to fix something else? Your house might have become a money pit without you even noticing it. Don’t stick around in a home that’s eating up your savings and annual bonuses just to keep the space livable. Moving means the chance to find a home with exactly what you want without all the surprise repair costs.
  4. The Neighborhood isn’t what it used to be - Neighborhoods change over time for many reasons. If you feel like the days of knowing your neighbors’ names are long gone, community rules are too lax or too stringent, or its simply not evolved as you had hoped, then it’s time to move on. If you’ve noticed a decline in your neighborhood, the value of your home might be declining as well. We’d recommend moving on to greener pastures.
  5. You’re sick of the weather - Have you ever looked out of the kitchen window to snow flurries and thought “not again” or feel like you could go the rest of your life without shoveling another sidewalk? You’re not alone. According to the Census Bureau, more people are moving south than any other region. Moving to warmer weather – and, in our case, the Tampa Bay area can solve any and all freezing cold problems.
  6. Change is good! - At the end of the day, it’s good to make a change. Change promotes growth in both your personal and professional lives. Moving means you get to try a different style of home or a more fitting and enriching location. If your home isn’t making you happy any longer, it’s time to make a change and move.  

Are you ready to make your move? Here at HOMM Real Estate Services, we are Helping Others Make Moves every day. We understand the market place, use proven methods and state-of-the-art technology to thoughtfully plan and prepare your home to sell. We’re ready, are you?

 

HOMM Real Estate Services, located in the Brandon, Florida area of Tampa-Bay focused to Hillsborough, Pasco, and Polk Counties. As a full-service general real estate company, we specialize in general real estate, home buyers, home sellers, new home construction, rentals, tenants and landlords, and property management.

Learn more about Marie Negron, her team and HOMM Real Estate Services. Call 813-684-5954 or email info.hommsales@gmail.com to get started.

 

Posted by Marie Negron, Owner on July 19th, 2019 7:10 PM

 Whether you’re buying or selling your home, either task can be extremely stressful. Doing both at the same time seems extremely overwhelming and a little nuts, but it is possible to do both. The good news is that people buy and sell in tandem all the time. With a few simple tricks and tips, both buying and selling can be a seamless process.

Tricks and tips on buying and selling at the same time 

First stop: Decluttering now, not later. It’s everyone’s nightmare to move with things they don’t need to. Why wait until closing to get rid of the stuff you’ve been meaning to for years? Use listing your home as a motivation to finally take those donations to Goodwill. It’s easier for potential buyers to see themselves in the space if they aren’t distracted by the old recliner you haven’t had the time to deal with.

Secondly, start the move early. Before you even list your home for sale, why not start packing? Pack up personal items, unnecessary clutter, and excess furniture and move them to storage. Your Christmas tree doesn’t need to stay in the hall closet and your fancy kitchen gadgets don’t need to clutter up the counter. Only keeping essential items out allows your space to look bigger and neater. 

In terms of buying, work closely with your agent to map out your needs and wants. Focus to your preferred, home size, price point and specific needs Have your agent prepare your showings selectively, thus ensuring you see the homes that suit your needs.

 

Next, set up a timeline with selling and buying requirements. Even more importantly, make sure your agent, or agents, understand the timeline and requirements. There are many standard contingencies in buying in selling that can either protect you from owning two homes at once. Moreover, the purchase of your new home may rest on successfully closing on your current one. Having an educated and professional agent can prevent any surprises along the way. At HOMM Real Estate Services, we have a team of top-notch professionals, who have served the Tampa Bay area for over 100 combined years. Since each sale is different, we’ll know how to handle any curve balls that come your way. 

 

Also, get the whole family involved. Making a moving plan and helping out are what families are for! If you organize all the moving parts, it’s easier to handle any unforeseen circumstances. Keeping to a plan also helps you feel less overwhelmed. Create excitement around the move by giving everyone a specific and important (to them) task. With everyone on the same page, you can avoid any drama when it comes down to the crunch time of moving. 

 

Lastly, remain as calm as you can be. You can only do so much when it comes to buying and selling. Having a HOMM agent in your corner can allow you to put your feet up because, in our business, we know exactly how to make the moves. We are Helping Others Make Moves every day.

 

HOMM Real Estate Services, located in the Brandon, Florida area of Tampa-Bay focused to Hillsborough, Pasco, and Polk Counties. As a full-service general real estate company, we specialize in general real estate, home buyers, home sellers, new home construction, rentals, tenants and landlords, and property management.

 

Learn more about Marie Negron, her team and HOMM Real Estate Services. Call 813-684-5954 or email info.hommsales@gmail.com to get started.

 

Posted by Marie Negron, Owner on June 26th, 2019 2:48 PM


Sellers

Selling your home is a big emotional decision, and often coming to that decision takes time. Finally, you decide to put your house on the market and in a perfect world it would sell immediately. Sadly, though this is not always the case. With every passing day you might feel more and more out of control. The unknowns of selling a house sometimes feel endless and leave you with a feeling of hopelessness. You start to wonder what kind of control you have on the process, if any at all! Let’s just stop for a moment and take a deep breath. Homes are bought and sold every minute of every day. There are ways to deal with these unknowns, recognize what you can and can’t control, and know your agent is there to help you through to the closing.

Buyers

Oh, if only we could control buyers! Snap your fingers and magically someone buys your house with the perfect offer. In reality, buyers can appear to be cumbersome and unmanageable at times. They request showings at weird hours, write crazy offers, and make up unreasonable repair requests. The buyer’s particular wants and wishes can feel like a personal affront. It’s important to remember, though, that the way they handle home buying has nothing to do with you on a personal level. Try to keep in mind they are on their own journey looking for a dream home and are stressed out too.

The Market

While the whims of buyers feel much more personal, the market is a big picture factor out of your control. The market forces determine interest rates and sales prices. At the end of the day, you can’t change these forces. The one thing you can control is how informed you are. Knowing all the facts prevents surprises. If something in the market changes, you’ll be prepared for how it affects the sale.

Inspectors

You’ve spent years loving and caring for your home. However, there might be something out of your home upkeep routine that only a comprehensive, professional home inspection can uncover. These hidden issues can feel devastating and even unreasonable at first, but in reality, an inspector is just trying to protect everyone involved. The best way to avoid unpleasant surprises (and any expenses that come with them) is to a put a listing home warranty in place. The warranty will cover the costs so you can handle whatever may come your way.

Appraisers

An unfortunate appraisal can feel like a major blow. In the end, appraisers are trained professionals working within fairly stringent guidelines. Moreover, there are ways to combat a poor appraisal. You can challenge them, but it is always your lender and agent who can help you navigate an unfavorable appraisal and make it work to achieve what you need from your sale.

 

How to take control

Does all of this sound like a lot to deal with? That’s okay. The best way to handle dealing with the things out of your control is to understand what you can do for yourself initially.

Make sure you do your due diligence and have a good agent in your corner. Find the right agent who can educate and guide you through all 

of the steps to sell your home, one who knows how to field unexpected issues, negotiate on your behalf, help you handle the issues, overcome the obstacles, and get your home sold. Then trust your agent to keep things under control for you. Now, take control and concentrate on packing up and moving into your next home.


HOMM Real Estate Services, located in the Brandon, Florida area of Tampa-Bay focused to Hillsborough, Pasco, and Polk Counties. As a full-service general real estate company, we specialize in general real estate, home buyers, home sellers, new home construction, rentals, tenants and landlords, and property management.

Learn more about Marie Negron, her team and HOMM Real Estate Services. Call 813-684-5954 or email info.hommsales@gmail.com to get started.

 






Posted by Marie Negron, Owner on May 21st, 2019 9:38 PM


6 Home Buying Myths
Buying a home often seems daunting. Even after buying your first home, the process can still be overwhelming. There is so much information available to you, you’re often left wondering what’s true, what’s a myth, and who is it you can turn to help you parse through it? We’re here to break down some common misconceptions about buying a home.

MYTHS

Step one is finding the right house

We totally understand why this myth is so popular. You’ve decided to make your move and the first thing on your mind is obviously going to be where you will eventually lay your head every night, make new memories, and plant your roots. While home shopping is the ultimate goal, you should start by meeting with a lender to figure out your financial options. If you don’t know your spending power you may actually miss out on the right house for you. You’d be surprised to learn the right house could be larger or more expensive while still being within your budget.

You have to have perfect credit to buy a home

While perfect credit is ideal, and more often will give you more financing options, we recognize not everyone has the most ideal credit. The truth is that there are many loan options available, which still offer good interest rates. It’s a matter of taking your time, doing your research, and working with an expert mortgage professional to figure out what loan is best.

You need a down payment of 20%

A 20% down payment can seem like a steep cost, especially if you’re a first-time home buyer.  Luckily, FHA has you covered for that with loan options that include financing for as low as 3.5% down. There are other programs, like the VA for service members, that have smaller options than 20% down. However, even without FHA and VA loans, there are options. For more of the nitty-gritty, check out one of our previous blog posts on the matter.

Schools don’t matter if you don’t have kids

Whether you have children or not, schools are an important factor when it comes to home value. The location of your home, as well as your neighborhood, are vital aspects of the cost of your house. If you decide to move on to another home, a good school system can make for an easy sell.

New homes don’t need a home inspection

Just because something is new, doesn’t mean it’s immune to problems. Home inspections help protect you from existing or potential issues. Getting a licensed professional to complete an inspection will reassure your decision to buy a home and save you money in the long run.  

 

You don’t need an agent

Agents know the market, which is critical when it comes to getting the best value for your budget. They also have the necessary experience you need when it comes to buying and selling houses; they can see things that you might overlook. Moreover, their knowledge base extends out past just houses for sale. Agents can help you find solutions to common hiccups, explain customary charges, and can go to bat for you when it comes to negotiations. Think of a real estate agent as your GPS system. Yes, you can get from point A to point B without it, but why would you want to?

 

Buying a home is one of the most important decisions, financial and otherwise, you’ll make in your lifetime. The house you buy will become a home filled with wonderful memories. Take your time to fully understand the process and learn from the professionals. Even better, work with a professional. HOMM Real Estate Services is here to take the weight of buying a home off your shoulders. We have all the tools to help you buy the right home that is within your budget, so you can lay your head down every night knowing you got the best deal myth-free.

 

HOMM Real Estate Services, located in the Brandon, Florida area of Tampa-Bay focused to Hillsborough, Pasco, and Polk Counties. As a full-service general real estate company, we specialize in general real estate, home buyers, home sellers, new home construction, rentals, tenants and landlords, and property management.

 

Learn more about Marie Negron, her team and HOMM Real Estate Services. Call 813-684-5954 or email info.hommsales@gmail.com to get started.

 


Posted by Marie Negron, Owner on April 30th, 2019 2:46 PM


Spring is in the air

We already know that Spring is one of the best times to sell your home. Winter has passed, and the colder weather is making way for longer, brighter and warmer days. The old adage is true: “Spring is in the air” and it brings about a new bloom of activity for everyone.

Now that you’ve decided to sell your home, it’s time to prep your home to a magazine-worthy level!

How do you get there? What should your priorities be? Should you refresh or go as far as remodeling or refurbishing? We have the answers to your questions with these tips for selling your house in Spring:

No room for dust bunnies

A clean home inside and out is a given – so put your back into it and apply some elbow grease! There is nothing more off-putting to potential buyers than being able to write their name in the dust. Buyers will question if an uncared-for home could be hiding other potential issues – and you never want a buyer to have a negative impression or perception of your home based solely on poor presentation. Even though you’re not always selling furnishings and accessories, consider the overall look, feel and aroma of your home.

Here’s your cleaning to-do list:

  • Clean upholstered furniture: Take cushions and pillows outside and beat them to remove dust and dirt. If needed, have pieces professionally cleaned.
  • Shine the windows: Deep clean all windows and polish the hardware.
  • Wax wood furniture: Dusting is not enough to care for your wood furniture. Use a paste wax to restore the natural beauty of your wood.
  • Polish the wood floors: Wash or wax your wood floors to protect them as well as remove dirt and stains.
  • Brighten the tile: Grout is prone to darken and fade in color, so it’s worth splurging on professional grout cleaner to brighten tile floors, back splashes and shower walls.
  • Clean the carpets: It’s simple enough to rent a carpet-cleaning machine or bring in the professionals. Coffee, tea, wine, ground-in dirt and all other unknown stains should be shampooed away.

Make the mental move

Letting go can be difficult, especially if you’ve lived in your home for many years. It’s personal, but it’s time to make the emotional break. You have to level with yourself, making the mental decision to let go of your emotions and focus on the fact that soon this house will no longer be yours.

De-cluttering and de-personalizing not only helps with the emotions, but also makes the spaces more appealing to potential buyers and ultimately, preps the house for the next home owners.

We always suggest starting with the attic and then the garage. Determine what you don’t need to take to the new house and consider having a garage sale or donating the items. As you purge through your belongings, make room for packing boxes to be neatly stored while you’re selling your home.

As a welcome bonus, the organization and this clear out will actually make for a smoother move once you do sell.

Spruce up the curb appeal

Now that you have the inside spic and span, focus your attention on the exterior. Put yourself in the shoes of a potential buyer seeing your house for the first time. What impresses them? What makes them remember it? What can you do to make it stand out from the other houses they're viewing? 

Remember, you only get one chance at a first impression. Curb appeal can make or break a showing. Follow our curb appeal checklist to make that impression count.

The big ticket items

The truth is, not all changes will bring the best return on investment (ROI). Before you plan a big, or small, improvement project, consider what might be the most appealing to buyers. The home improvements that generally yield the best bang for the buck include:

• Yard clean-up and landscaping

• Front door replacement

• New siding, exterior repairs and/or fresh paint

• Kitchen and/or bath upgrades, including new counter tops, fixtures and cabinetry

• Deck and patio additions, such as outdoor kitchens and/or BBQs

• Additional living space, especially bonus rooms and extra bathrooms

First and foremost, buyers can sense when a home has good bones. The single most important factor is to ensure there is no deferred maintenance. From there, you can decide which updates – if any – you want to make to give your home a fresh appeal.

Best tip

If you need a helping hand as you prepare to sell your home, contact HOMM Real Estate Services. We start with understanding your needs and expectations. Then we look at your home and its selling points…positive and painful! We can help with determining the best way to prepare your home for selling in the Spring season. We are here Helping Others Make Moves.

 

HOMM Real Estate Services, located in the Brandon, Florida area of Tampa-Bay focused to Hillsborough, Pasco, and Polk Counties. As a full-service general real estate company, we specialize in general real estate, home buyers, home sellers, new home construction, rentals, tenants and landlords, and property management.

Learn more about Marie Negron, her team and HOMM Real Estate Services. Call 813-684-5954 or email info.hommsales@gmail.com to get started.

 

 

 


Posted by Marie Negron, Owner on March 26th, 2019 11:24 AM


We understand there are several reasons for selling your home. Most of the time we see that our sellers are looking to start the next chapter of their lives. A growing family needing a larger home with more living space, a new career opportunity, financial reasons necessitating a move, or empty-nesters deciding to downsize. Whatever your reason is, once you’ve made the decision, you will want to sell it today and move tomorrow.

Yet, after several months of having your home sit on the market, there is nothing more disheartening than to have no offers. You’ve gone through the exhaustive efforts to not only prepare for sale, but the emotional stress of keeping your home show-ready and then the listing expires. Every home seller’s worst nightmare.

THE TRUTH

The truth is, in almost every scenario, the number one reason why a listing doesn’t sell and eventually expires is…price.  There may be other factors contributing to no sale, but typically it is down to price. Even the most run-down properties will receive offers if priced at the right point. Plus, for those moving with time constraints and/or financial issues, there is always an acceptable market-driven price that meets both the seller’s and buyer’s requirements.

THE MYTH

So, what happens when your home is overpriced? When a home is newly listed, there is an immediate excitement and interest. Agents flock to the open house and line up their buyers for showings. Buyers will also see the sign, receive email alerts from agents or see the on-line listing, and will be hounding their agent to arrange an appointment to view your home. You receive a few early offers. Yet, it is still for sale. Then it quickly dwindles to no activity and ultimately no offers. You’ve lost the new-on-the-market appeal and people are starting to question, “Is there something wrong with the house?” In the end, an over-priced house gets overlooked and the listing becomes stale. Eventually it expires and all because you are waiting for an asking-price offer.

THE SCIENCE

Pricing your home to sell is both an art and a science.

The science comes from the facts. Market fact checks: a thorough Comparative Market Analysis (CMA), location, proximity to schools and amenities, condition of your home and area and so on. These are the facts that determine a pricing strategy.

THE ART

The art comes from the experience of the REALTOR®. Your agent should instinctively know how to decipher the facts, translate the data into a meaningful listing and marketing strategy for you to SELL your home. They know to listen to the showing agent’s feedback. Most agents are very candid with their feedback, which comes from both their professional experiences as well as the response from their buyers.

Your home is unique and you need a tailored experience to sell it. The HOMM Real Estate Services team takes their specific expertise to create a marketing plan that evaluates both your needs and the current selling market. Our team has an array of expertise, making sure we have agents as unique as you. 

Oftentimes, it takes the right REALTOR® to figure out the selling price that will work best and get your home SOLD. With HOMM Real Estate Services, suddenly the goal of selling today and moving tomorrow is much more achievable.

HOMM Real Estate Services, located in the Brandon, Florida area of Tampa-Bay focused to Hillsborough, Pasco, and Polk Counties. As a full-service general real estate company, we specialize in general real estate, home buyers, home sellers, new home construction, rentals, tenants and landlords, and property management.

Learn more about Marie Negron, her team and HOMM Real Estate Services. Call 813-684-5954 or emailinfo.hommsales@gmail.com to get started.

 




Posted by Marie Negron, Owner on March 5th, 2019 3:52 PM






Real Estate Investments: FLIP OR RENT

There are times when clients look to Marie Negron and her team at HOMM Real Estate Services to help them with real estate investments. There are several options that go beyond typical home ownership. For instance, clients explore second/vacation homes to own and/or rent, rent-to-own, flipping, or simply for the financial investment. Frequently, we find it comes down to a choice between flipping or rental home.

Income or Investment

Firstly, it is important that regardless of how, what or where you invest, you need to be aware when considering investing the opportunity to make money is as great as the risk to lose money.

However, the key to successful real estate investing comes with understanding what skills, time and abilities you have and your tolerance for risk. Also, to know when to bring in a real estate specialist to help you through the myriad of options, issues, and questions you are likely to have.

Only then can you choose a type of investment that works for you and whether or not you are a one-time investor or confident to repeat the model.

Quick Cash

Investors can make great profits from both flipping properties as well as holding them as rentals. The difference really boils down to a few considerations. First, what kind of income are you seeking? Active or passive? Actively buying, fixing and flipping properties is quick cash that requires careful timing and effort.

Flipping a property is not traditional investing where one buys and holds an investment. Flipping is really speculation. Flippers with construction experience and real estate knowledge tend to see the greatest success. Yet, the real risk comes from unforeseen construction and structural complications, these cause delays, increased costs and potential decrease in the property’s value. Further, there are carry costs over and above the renovation to cover mortgage, taxes, insurances and real estate selling commissions.

Long Haul

Alternatively, if you’re in it for the long haul, rental properties offer passive long-term income which accumulates over time. Additionally, if properly managed and maintained, the property value should see an increase. The downside is that the owner has to invest time in property maintenance and tenant management. The reality is the most successful landlords overcome this by working with property management specialists. We’ve already addressed the good, the bad and the taxing of being a landlord which outlines the benefits of working with property management specialists HOMM Real Estate Services.

Both types of investments can bring profits and a steady stream of income. Determining what’s best for you and your talents is important in choosing the best option for your financial goals. Plus, recognizing when to bring in the experts. Allow us to use our experience, know-how and resources to help protect the value and condition of your real estate investments.  Visit HOMM Real Estate Services Property Management to learn more about these services.

 

HOMM Real Estate Services, located in the Brandon, Florida area of Tampa-Bay focused to Hillsborough, Pasco, and Polk Counties. As a full-service general real estate company, we specialize in general real estate, home buyers, home sellers, new home construction, rentals, tenants and landlords, and property management.

Learn more about Marie Negron, her team and HOMM Real Estate Services. Call 813-684-5954 or email info.hommsales@gmail.com to get started.

 

 

 


Posted by Marie Negron, Owner on January 30th, 2019 11:08 AM