Discover Your Dream Home in Asheville with Preferred Properties of Asheville. Search Asheville and Western North Carolina listings, updated by the minute.
Congratulations to our agents and team!
"On behalf of LeadingRE, congratulations to you and your entire team on winning the award for Referral Achievement Unit Increase."
Rachael Teeter
Member Services
Leading Real Estate Companies of the World®
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February 2022 Housing Market Update
Existing home sales up 6.7% according to the National Association
of REALTORS®. Experts attribute the growth in sales to an uptick in mortgage interest rates. Mortgage rates have increased almost a full percentage point since December.
New Listings were down in the Asheville region by 13.7 percent to 888. Pending Sales decreased 4.1 percent to 1,003. Inventory shrank 46.5 percent to 1,077 units.
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Welcome our newest agents! Dan Gentle, William Jameson, and RIck Wilson.
Congratulations to our 2021 Peak Performers!
Many thanks to our clients, family, friends, and community for support throughout 2021.
Top Producer - LeNoir Medlock (Downtown Office)
Top Listing Agent - Sandy Lindsey (South Office)
Top Buyer Agent - Barb Fiedler (South Office)
#preferredproperties #ashevillerealty #828isgreat #listingagent #buyersagent #ashevillerealestate #realestate #topproducers #realestatemarket Preferred Properties of Asheville
January 2022 Housing Market Update
The 2022 real estate market begins where 2021 left off, in which existing home sales reached their highest level since 2006. We are experiencing a very strong seller's market in the region. Inventory of existing homes in the Asheville region was the lowest level recorded since 1999 and has been slowly declining since 2015, according to Canopy MLS, Inc, and competition remains fierce.
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Top Reasons Why You Should Use a REALTOR
1. Pricing The most important step is pricing your house properly. If you charge too little, then you'll always wonder if you lost money on the deal. If your price is too high, you won't get consumers or other Realtors to see it. The longer it stays on the market, the more consumers might wonder what's wrong with it.
2. Understanding The Market You need to understand the Real Estate market, especially your own neighborhood. A Professional Licensed REALTOR® should have years of experience with laws, contracts, forms, and negotiations. Your REALTOR® can give you up-to-date information on what is happening in the marketplace, and the price, financing, terms, and condition of the competing properties. These are key factors in getting your property sold at the best price.
3. Availability You have to be willing to be available to show the house at different hours of the day to make sure everyone who may be interested in it will get to see it. If you hire a REALTOR®, they will schedule the appointments and show it on your behalf and you won't miss any showings.
4. Generating Traffic How can you generate traffic for your house and be able to get the word out about it? An experienced REALTOR® will not only list your home on MLS but will have other resources and marketing strategies for increased exposure for your house!
5. Criticism Can you be patient and understanding with criticism? You will need to be able to handle all different types of personalities and be able to keep your "cool" under pressure, even with non-qualified buyers. You need to have patience and the right temperament for criticism, questions, and repeat showings, and can you pre-approve a buyer? Remember that buyers are not looking to be your friend.
6. Answering Concerns Properly Can you be available to answer questions by phone, email, text, meet-ups and be sure you are answering them correctly? Buyers may not respect your time and want immediate answers to their concerns. By you answering any of their concerns in the wrong manner, you can squash the deal!
7. Will You Be Pushing Buyers Away? If you sell your house on your own, buyers will be looking for a deal from you. If a REALTOR® was listing your home, you can expect to get the highest, true market value for it. Some sellers may believe their home is worth more and will remove many potential buyers because it's not priced competitively.
8. Relocation Buyers If you don't use a REALTOR®, how are you going to attract out-of-state buyers? You might be eliminating a whole group of buyers that will never see your house because relocation buyers won't know about it.
9. Professional Networking A REALTOR® networks with other professionals in the industry, many of who can provide services that you may need. A REALTOR® can give you a list of references with whom they have worked and provide background information to help you make a wise selection, besides networking with other Realtors who will be showing your home.
10. Contracts Another important function of a REALTOR® is to make sure that all the paperwork is handled correctly. Do you want to get through all the stress of listing and selling your house or condo and then find out something that could have been avoided but is now a deal-breaker?
11. Closing Can you close the sale of your home without being overwhelmed? Your REALTOR® should be with you throughout the entire process and is the best person to objectively help you resolve any unforeseen issues.
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