Summer Buyer’s Market?

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Yes, there is a Summer Buyer’s Market! If you’re thinking about buying or “have” to buy, now is the time to jump into the Vermont real estate market. Sellers who have their homes for sale are eager to sell before the fall. If you’ve been discouraged over the past few years, now is the time to get back out there to find your new home. More houses for sale, fewer buyers competing.

Here are the top 3 reasons to buy in the summer:

Everyone is on vacation. The pool of buyers goes up and down in the summer months depending on vacations. You are competing with fewer buyers.

Back-to-School season is here. Believe it or not, people are preparing for back-to-school which means college trips, school supplies and new clothes and shoes. Even people who aren’t going back to school get excited about office supplies. This phenomenon distracts many potential buyers from the real estate market.

One last trip! If people aren’t taking a scheduled vacation, then they are planning that “one last trip” before the summer is over. Concerts, horse shows, or just a quick jaunt to the ocean. The “last trip” of the summer means that those buyers are still vacationing rather than house-hunting.

We have a 100% success rate for helping our buyer clients find their next home. Reach out if you are ready to take the first step in purchasing.

Let’s Take it Outdoors: What is ‘Curb Appeal’ Anyway?

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Curb appeal is the feeling that people get when they drive past your house. Is the landscaping maintained or overgrown? Is the front door faded or vibrant? Is the driveway smooth or full of potholes? The exterior presentation of your property sets the tone for the buyer experience when you are selling your home.

It’s important to have “drive-by” curb appeal when your house is on the market, which is common knowledge. However, many sellers are surprised when we show them that the concept of curb appeal applies to the whole exterior presentation of the property.

Recently I met with a seller who wanted to get her house ready for sale. I drove by the property, and it looked neat, tidy, and well-maintained from the “curb” view. A closer look at the exterior, however, revealed many exterior flaws that would be fatal if I was a buyer.

Here are the three things that need repair prior to getting your house on the market:

1. Rot on garage door trim. This is very common. If the wood can’t be salvaged, then the trim needs to be replaced.

2. Sinking front steps and walkway. This, too, is very common. Over time, concrete front steps sink into the ground and the paved walkways can shift.

3. Garage door damage. It’s not surprising that some people have backed into their garage door when it’s still closed leaving a dent. Also, it’s common to have a broken window (hockey puck or baseball).

In these examples, the curb appeal of the house extends all the way to the front door for buyers. Driving up to the house and then walking to the front door sets the tone for the interior of the house. If the first impression is that the exterior of the house has been neglected, then the interior of the house will be scrutinized for any signs of deferred maintenance as well.

If you’ve been thinking about selling and want to get your house on the market, contact us to get started and we will ensure your exterior is in tip top shape to attract buyers from the first drive-by.

Eat Cupcakes First

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You are probably wondering what Jennie and I do on our time off from real estate? Well, to be honest, we pick up cupcakes from Superb Cupcakes at Taft Corners in Williston, hit the couch and watch Dateline, 20/20 or other crime and mystery shows. Over the years we have gotten to know Hannah and Joe Emmons, owners at Superb Cupcakes (or should we say they have gotten to know all of our favorite cupcake flavors). But you never really know someone, do you?

Nothing is more true than when we found out that Hannah is just as fascinated with crime and mysteries as we are. Now, we “eat cupcakes first” as Hannah recommends and then listen to her fascinating podcast Cupcake Confidential. Unlike many other true crime podcasts, Hannah researches, documents, and gives a thoughtful review of the evidence.

We love, love, love this podcast and look forward to a new episode every Wednesday. You can find Cupcake Confidential on Apple, Spotify, iHeart, or wherever you listen to your podcasts.

Is the Highest Price Offer the Best Offer?

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How difficult is it to decide on an offer on your property? It all seems so simple. You put your house on the market with your trusted real estate professional. Buyer’s Agents show you property and then submit offers. Now what? Let’s look at three considerations when assessing an offer:

1. Price

2. Terms

3. Conditions

Price: Sometimes the highest price offer may not yield the best terms and conditions. For example, you receive an offer that is “over” your list price, but the buyer has a house to sell that is in a remote part of Minnesota where it is always a buyer’s market. Of course, you would want to explore the particulars of the house sale situation but, for now, this has a contingency that may not be satisfied for a long while. While the highest price is tempting it may cost you in time and frustration waiting for the buyer’s house to sell.

Terms: In another case, the price may be right, but the terms of the offer may not be reasonable. For example, one term of the offer may be that the buyer’s financing is contingent upon a mortgage loan at an interest rate that is no longer available. It’s important to verify that the lender letter and the contract reflect the current interest rate. The buyer’s financing letter may not be updated, and, with the current interest rate, the buyer may not actually qualify for the purchase. It’s important to make sure that the buyer’s lender letter is updated before accepting an offer.

Conditions: Lastly, some of the offer conditions may not be able to be satisfied per the contract. For example, if a buyer requests that a roof be replaced, or a buried oil tank removed prior to closing and if it’s the middle of winter, then this condition may not be realistic. Evaluate the buyer’s conditions and make sure that you can meet their request.

In summary, each offer is unique. It’s important to have an experienced professional real estate agent to help you navigate offers so you can choose the buyer who best fits with your goals. If you’ve been thinking about selling, get in touch and we can discuss next steps and what to expect from the selling process.

Anxiety and Selling Your Home

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How stressful is selling your home? There are many reasons why selling your home is overwhelming. As a Realtor in Vermont I was overwhelmed with selling a family house out-of-state. The lack of familiarity with the process, the pricing, and the current buyer preferences in the area were all a mystery to me. After choosing a top agent who is a local expert in the area I realized that her job was to alleviate my stress and anxiety and guide me through the process. Let’s explore the major issues that cause anxiety and how we can help alleviate some of your fear and worries.

Here are the top 3 questions that we answer:

1. What do I have to do to my house to get it on the market? It depends. We need to visit your house to see what projects, repairs, updates, etc. would benefit you most with today’s buyers. It’s a good idea to have a budget set aside for these items and we will prioritize your “to do” list.

2. Will I be able to move by a date of my choosing? Most likely, yes. We are experts at getting you out and moving to your next destination in the time frame that works for you. Let us know your plans and we will work with your schedule.

3. How do showings work? With us, we schedule the showings with your lifestyle in mind. If you need to work at home certain days we will schedule around your meetings and work schedule. To minimize the stress of having your house “show ready” all the time we make sure you have enough time to prepare for buyers.

These are just some of the questions that we answer early in the process of selling your home. Make sure you choose a Realtor that has experience to lead you through the entire process, from prepping your house for sale to guiding you through the inspection and closing. If you are thinking about selling, contact us to get started!

3 Tips for Snowy Showings

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pexels-jill-wellington-1638660-259583Neither snow, rain, or sleet will keep us from helping you buy a house in the upcoming snowy, cold months in Vermont.

If you are looking to buy in Vermont during our snowy months of January, February, or March we want you to be “winter ready.” From weather alerts to slippery walkways and snow covered boots, we have tips and tricks to make your snow days easier.

1. Watch the weather: Sign up for VT Alerts. While we can dodge rain, snow, and sleet we can’t outrun a snow squall. The snow squall warnings are no joke – these are the most accurate of the predictions. If there is a squall we are not going out!

2. Bring indoor shoes. You will need to leave your snow boots at the door so you don’t track snow through the house. To protect your feet from frosty floors bring some indoor shoes to keep your feet warm. You will need shoes to check out the basement because if you are only wearing socks, the chill from the concrete floor will stay with you all day. We can’t guarantee that the walkways or driveways will be cleared and salted for your visit so be sure to wear boots or shoes with non-slip soles.

3. Schedule your showings during the day. As soon as the sun goes down, the walkways and steps may freeze up making them slippery and dangerous. Also you will want to see the property in the daylight to really decide if the house is a good fit for you.

If you are looking to buy in 2025, contact us to start your home search and begin the process to get qualified.

Goodbye to Pop-Tart Agents

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cff86c842404d182d2920a489434cd3acaa80df3First, who doesn’t love a warm Frosted Brown Sugar Cinnamon Pop-Tart? Alas, I digress. Back to the topic at hand, what is a Pop-Tart agent? Whenever there is a hot seller’s market, as it has been the last few years in Vermont, buyers are eager to run out and see property. This means that a buyer would call an agent, and the agent would pop up at the front door to let the buyer into the house, thus the practice of “popping up” to show a house morphed into a “Pop-Tart” showing as Pop-Tarts, well, you know, pop out of the toaster when ready.

Today, the Pop-Tart or pop-up scenario is a bit more complicated. Due to a proposed lawsuit settlement with the National Association of Realtors (NAR), real estate agents must have a signed Buyer Representation Agreement before touring properties. This ensures transparency as to how buyer’s agents are paid and your choices as a consumer. You can opt “not” to hire a buyer’s agent to represent you in a purchase and that involves dealing with the seller’s agent, who is not looking out for your best interest in the deal.

Why do you need a buyer’s agent? Basically, a buyer’s agent is your key to your success in the buying process. A good buyer’s agent provides access, advice, and expert negotiation to help you reach your goal – buying a home.

For a more detailed explanation reach out – we’re always happy to hear from you and want to make sure you have the best home buying or selling experience possible.

4 Location and Lifestyle Tips to Help You Choose Your New Home

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DJI_0738 copyNothing gets us more excited than finding the “almost perfect” house for our clients and then pointing out the highlights of their location. If you are a hiker, we like to find the closest trails. Do you love a good boat day? You’ll want a place on or near the lake. Raising a few kiddos? We keep our eyes open for the closest place to pick up milk and diapers. Not crazy about cooking? Neither are we, so we know all the places with the best food. Pizza? Hamburgers? Mac and Cheese? We’ve got you covered. Here are our favorite “tips” for choosing a spot, based on your lifestyle:

PLAY – What do you like to do after work and on the weekends? If you have last minute guests then it’s helpful to live within 10 minutes of a convenience store to pick up chips, dip, and drinks on short notice. If winter sports are your passion, you’ll want to have easy access to the mountain. If you like to walk, bike, or hike then picture yourself close to your recreation spots.

EAT – How often do you go to the grocery store? If you like to do a “big shop” that lasts a week then 20 minutes from the store should be fine. If you find yourself running out of food, ingredients, or you simply just like to get your steps in roaming the grocery store aisles, then 10 minutes should be your goal. Don’t cook? Make sure that the food delivery services go to your area. Restaurants, coffee shops? How far do you want to drive for Burger Night or your morning cold brew?

DRIVE – Always running out of gas? Whether it’s you, your spouse, or a new teenage driver, if you find your gas gauges running on empty it’s best to live near a gas station. If your lawnmower and other small engine tools require 0% ethanol, you’ll want to make sure you know where to go for that type of gas.

SHOP – Who doesn’t love retail therapy? This can be a bit further away if shopping is a special occasion. If you find yourself picking up birthday presents often then 15 minutes should be good. But if your shopping is mostly at home improvement stores then we recommend 15 minutes maximum as you will inevitably need a different size of something.

Sounds basic, but “location” is the number one factor that predicts happiness in your new home, according to our independent research. Contact us to find the ideal location for your Home Sweet Vermont.

3 Reasons Why You Need a Buyer’s Agent

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pexels-rdne-8293700If you’ve been following the mainstream media you may have read that Sellers are no longer required to pay Buyer’s Agents. It’s an interesting headline unless you are in the real estate business and know that Sellers never were required to pay Buyer’s Agents, but that’s another blog.

The fallout from these headlines has led many consumers to call Listing Agents (agents that represent the seller) directly and declare “I don’t want a Buyer’s Agent.” There are 3 reasons why this does not turn out well for unrepresented buyers:

  1. The Listing Agent represents the Seller in the transaction. As an unrepresented buyer there is “no one” on your side. You can choose to have an attorney draw up a Purchase and Sale offer for you, however, your attorney is not a real estate professional in terms of negotiation at time of contract or throughout any other contract contingencies that arise.
  2. Every real estate transaction is unique. You cannot “google” or ask “AI” to help you navigate the process. You need to have a local professional real estate agent that understands the nuances and traditional practices of the current real estate market.
  3. You don’t know what you don’t know. We’ll leave it there.

Bottom line, hire a Buyer’s Agent. If you don’t, you will not be successful in securing the home that you want. Buyer’s Agents know how to work quickly on behalf of their clients. If you don’t want to pay your Buyer’s Agent because it’s too expensive, then what is the cost of “not” securing a home for yourself or your family?

If you’ve been thinking about buying, we are here to help! We will guide you through the entire process from home search to closing, providing unparalleled support and expertise every step of the way. Contact us today to get started.

Why You Should Never “Enter Your Address and Find Your Home Value”

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home search-polina-zimmermanWhy do some houses sell for less than their Zillow estimate? Do you think your house will sell for more than the online estimates? In our area, many of you, whether selling or buying, are a bit vexed when they search online. This may lead you to “Enter Your Address and Find Your Home Value,” which just triggers many, many phone calls from real estate agents.

Here’s how it works:

1. You enter you address and email, sometimes phone number is optional.

2. Your personal information is then sent to dozens of local real estate agents.

3. You will receive multiple calls, text messages, and emails.

Your private information, including your street address, and your intent to sell is telegraphed to random real estate agents who will do anything, including drive to your house, for your business.

Why risk your privacy just to obtain a value on your house? We know that pricing a house is both an art and a science. The online estimates on Zillow, Redfin, Realtor.com, etc. are based on complex algorithms that mainly assess on square footage and do not “sort” for types of properties such as condominiums or single family homes, for example.

What should you do if you can’t trust the internet? Stay calm and contact us! Consult with Carolyn and she will prepare a personalized home value estimate based on similar recently sold properties, similar under contract properties, and similar properties for sale. If you prefer to start online, you can fill out OUR form for your free home valuation – this information is ONLY sent to Carolyn, no other agents.