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.

September 2021 Housing Market Update

www.preferredprop.com

Nationwide, existing home sales were down slightly in August, falling 2% after two consecutive months of increases, according to the National Association of REALTORS®. The decline in existing home sales coincides with rising sales prices, which have continued to soar into fall, with the median sales price of existing homes up 14.9% compared to last year. Declining affordability has had a significant impact on homebuyers, many of whom have been priced out of the market and are choosing to wait for sales prices to ease before resuming their home search.

New Listings were down in the Asheville region by 0.2 percent to 1,406. Pending Sales increased 4.9 percent to 1,416. Inventory shrank 36.8 percent to 1,998 units.

There are signs the market may be shifting, however. As inventory increases, competition for homes may soften, and could even bring a moderation in sales prices, which, after 114 months of year-over-year gains, would be music to the ears of homebuyers throughout the country.

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Congratulations to our agents and their clients!

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Congratulations September 2021 Top Producers!

Downtown Office

Top Producer - LeNoir Medlock

Top Buyer Agent - Katie Wangrin

Top Listing Agent - Ashley Dotson

South Office

Top Producer - Barb Fiedler

Top Buyer Agent - Dennis Harpell

Top Listing Agent - Jo Chandler

www.preferredprop.com

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Congratulations August 2021 Peak Performers!

Preferred Properties of Asheville

www.preferredprop.com

South Office

Top Producer - Barb Fiedler

Top Listing Agent - Sandy Lindsey

Top Buyer Agent - Sharon Smith

Downtown Office

Top Producer - LeNoir Medlock

Top Listing Agent - Joye King Steele

Top Buyer Agent -  Anna Peddy

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August 2021 Asheville Housing Market Update

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Real Estate Lingo 101 

en suite:

(of a bedroom) having an adjoining bathroom that forms part of the same set of rooms. "there are twenty-five luxurious en suite bedrooms"

from French, literally ‘in sequence’

They are most commonly seen attached to the primary bedroom of a home but can be found in any bedroom in a home. Not be confused with a Jack and Jill bathroom which is accessible and shared between two bedrooms.

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