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  • Selling Tips | Palm Beach County Real Estate Blog

    Tuesday, May 29, 2018   /   by Carl Gentile

    5 Reasons to Sell This Summer

    5 Reaons to Sell This Summer
    Here are five reasons listing your home for sale this summer makes sense.
    1. Demand Is Strong
    The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! More often than not, multiple buyers are competing with each other to buy the same home.
    Take advantage of the buyer activity currently in the market.
    2. There Is Less Competition Now
    Housing inventory has declined year-over-year for the last 35 months and is still under the 6-month supply needed for a normal housing market. This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increase ...

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      palm beach county, market updates, jupiter florida, palm beach county real estate, real estate, carl gentile, sell your home, top real estate selling tips, selling tips

    Monday, May 21, 2018   /   by Carl Gentile

    Don't Wait To Sell Your House! Buyers Are Out There!

    Don't Wait To Sell Your House! Buyers Are Out There!
    Recently released data from the National Association of Realtors (NAR) suggests that a now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of that item is low and the demand for that item is high.
    Let’s see how this applies to the current residential real estate market.
    SUPPLY
    It is no secret that the supply of homes for sale has been far below the number needed to sustain a normal market for over a year at this point. A normal market requires six months of housing inventory to meet the demand. The latest report from NAR revealed that there is currently only a 3.6-month supply of houses on the market.
    Supply is currently very low!
    DEMAND
    A report that was just released tells us that demand is very strong. The most recent Foot Traffic Report (which sheds light on the number o ...

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      palm beach county, market updates, jupiter florida, homeowners, palm beach county real estate, real estate, selling tips

    Tuesday, May 8, 2018   /   by Carl Gentile

    Home Inspections: What to Expect

    Home Inspections: What To Expect
    So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. Oftentimes, agents make your offer contingent on a clean home inspection.
    This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or even, in some cases, walk away. Your agent can advise you on the best course of action once the report is filed.
    How to Choose an Inspector
    Your agent will most likely have a short list of inspectors that they have worked with in the past that they can recommend to you. HGTV recommends that you consider the following 5 areas when choosing the right home inspector for you:




    Qualifications – find out what’s included in your inspection and if the age or location of your home may warrant specific certifications or specialties.






    Sample Reports – ask for a sample inspection report so you ...

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      palm beach county, market updates, jupiter florida, palm beach county real estate, real estate, first time buyers, sell your home, selling tips

    Friday, April 6, 2018   /   by Carl Gentile

    House Prices: Simply a Matter of Supply and Demand

    House Prices: Simply a Matter of Supply and Demand
    Why are home prices still rising? It is a simple answer. There are more purchasers in the market right now than there are available homes for them to buy. This is an example of the theory of “supply and demand” which is defined as:

    “the amount of a commodity, product, or service available and the desire of buyers for it, considered as factors regulating its price.”

    When demand exceeds supply, prices go up. This is currently happening in the residential real estate market.
    Here are the numbers for supply and demand as compared to last year for the last three months (March numbers are not yet available):

    In each of the last three months, demand (buyer traffic) has increased as compared to last year while supply (number of available listings) has decreased. If this situation persists, home values will continue to increase.
    Bottom Line
    The reason home prices are still rising is because th ...

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      palm beach county, market updates, jupiter florida, homeowners, palm beach county real estate, real estate, sell your home, selling tips

    Tuesday, February 20, 2018   /   by Carl Gentile

    2 Ways to Get the Most Money From the Sale of Your Home

    Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house?
    Here are two keys to ensure that you get the highest price possible.
    1. Price it a LITTLE LOW 
    This may seem counterintuitive, but let’s look at this concept for a moment. Many homeowners think that pricing their homes a little OVER market value will leave them with room for negotiation. In actuality, this just dramatically lessens the demand for your house (see chart below).


    Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. By doing this, the seller will not be fighting with a buyer over the price but will instead have multiple buyers fighting with each other over the house.
    Realtor.com gives this advice:

    “Aim to price your ...

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      palm beach county, market updates, jupiter florida, homeowners, palm beach county real estate, real estate, carl gentile, sell your home, top real estate selling tips, selling tips

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