Selling a Home

Selling a HomeTwo Crown Home Team is here to provide you with all the information you need to sell your home. We’ll help you understand the process, from start to finish, and provide expert tips along the way.

Our goal is to make selling your home as stress-free as possible. So whether you’re just getting started or you’re ready to list, we’re here to help.

21 02, 2022

Wendy talks real estate with Drew Mariani on Relevant Radio

By |2022-04-22T14:58:19-04:00February 21st, 2022|Blog, Buying a Home, News, Selling a home|0 Comments

Wendy talks real estate with Drew Mariani on Relevant Radio

The Drew Mariani Show

Wendy talks to Drew Mariani about whether we’re on the verge of a real estate bubble

Wendy Wilmowski is a realtor with Two Crown Home Team at ExecuHome Realty. She appeared on The Drew Mariani Show on 2-17-22 (on Relevant Radio)  with host Drew Mariani. Wendy talked about the markets, especially in light of rising home prices. She had some key insights about why this real estate market is not like the real estate crash of 2008.

Drew Mariani is a nationally-syndicated Catholic talk show host on Relevant Radio. The Drew Mariani Show tackles the hottest issues of the day. His show The Drew Mariani Show airs live weekdays from 2:00 – 5:00 pm CT.

The interview with Wendy Wilmowski and Drew Mariani

You can listen to Drew & Wendy below. Wendy’s interview runs from 6:14 through 25:15.

Wendy’s insights about why the real estate market today is not like the market that crashed in 2008

  • Sub-prime mortgages fueled the crash of 2008.
    A sub-prime mortgage is a mortgage that is offered to borrowers who do not meet the usual lending criteria. These mortgages are higher than the prime lending rate, and they come with a higher risk of default. It was really the sub-prime mortgages that were fueling the market in 2008, and those are not around today. They’re not even an issue.
  • Buyers today are bringing cash to the table.Home Prices
    Cash coming into the market drives up prices. Often, buyers are moving savings from other investments and putting them into buying their primary residence. If a house doesn’t appraise for the mortgage requirement, buyers are willing to make up the difference with cash. This is a fundamental difference between the market today and the market in 2008.
  • Because of the pandemic, more people are working from home.
    Many buyers are choosing to leave cities and move to more remote areas. Since their home is now also their office, and not just where they lay their head and cook their food, the perceived value of their home goes up. They’ve been willing to pay more for a home if it will assure them of a comfortable place to work.
  • Inventory is very low.
    Even though prices are high, many potential sellers are choosing to stay in their homes. It could be easy for them to sell, but then they’ll have trouble finding another home to buy.
  • New home construction is down.
    A number of factors cause this, from the supply chain to inclement weather to pandemic issues.

Wendy Wilmowski, Realtor

Wendy Wilmowski

Wendy Wilmowski

Wendy Wilmowski has been a success in real estate for over two decades. After becoming a real estate agent, she quickly learned the ropes and became one of the top agents in her area.

Wendy dedicates herself to finding the perfect home for her clients. She has a knack for understanding what her clients are looking for and helping them find the right property.

Wendy is also a long-time member of the National Association of Realtors. Being involved with the organization has allowed her to stay up-to-date on changes in real estate laws and regulations that can affect both buyers and sellers.

9 02, 2022

Berlin MD Waterfront Homes For Sale

By |2022-05-11T08:59:53-04:00February 9th, 2022|Blog, Buying a Home, Maryland Area, News, Selling a home|0 Comments

Berlin MD Waterfront Homes For Sale

Berlin MD Waterfront Homes For Sale

Berlin MD Waterfront Homes For Sale

Looking for a new home on the water? Berlin MD is a great place to find your dream waterfront property. The charming town has a downtown that is perfect for strolling and enjoying local businesses. Plus, it’s close to Ocean City MD, so you can enjoy all the excitement of the world-famous Boardwalk without having to travel far.

The Berlin MD market offers condos as well as single-family homes. You can find waterfront properties ranging from the mid $200s to well over a million dollars. Berlin MD sits on the waterfront of Sinepuxent Bay in Worcester County. It’s within easy driving distance to Ocean City MD.

What makes Berlin MD waterfront homes so special

Waterfront homes in Berlin MD are special because they offer the best of both worlds. You can enjoy the peace and quiet of a small town, while still being close to all the action of Ocean City. Berlin homes are also often more affordable than homes in Ocean City, so you get the best of both worlds without breaking your budget.

The many benefits of owning a waterfront home

Sunrise Berlin MD Waterfront Vacation HomeWaterfront homes come with a wealth of benefits that you can’t find in other types of homes.

For starters, they often have incredible views that can’t be found anywhere else. Whether you’re looking out at the bay or watching the sunrise over the water, you’ll be able to enjoy a beautiful view from your home on the water.

Homes on the water are also great for enjoying outdoor activities. Whether you’re fishing, swimming, or simply taking a walk along the water, there’s always something to do when you have property on the water.

Waterfront homes also offer great rental potential. If you’re looking for a property that can help you generate income while you’re not using it, waterfront homes are a great option. Thanks to their location and amenities, they are always in high demand from vacationers.

Tips for buying a Berlin MD waterfront home

If you’re considering Berlin MD homes for sale, here are a few tips to help you out:

  1. Don’t rush into a decision.
    Waterfront properties are a big investment, so take your time and make sure you find the right property for you.
  2. Do your research.
    Make sure you know everything about the homes in Berlin MD before making any offers. Be aware of any restrictions on the property. This can help you avoid any problems in the future.
  3. Get a good real estate agent.
    Waterfront property can be tricky to navigate, so it’s important to have a good real estate agent who knows the market well.
  4. Have realistic expectations.
    Often, waterfront homes are more expensive than other types of homes, so prepare to pay a bit more. There’s more upkeep than other types of property. Be sure to consider that in your maintenance budget.

What are some of the features that you should look for when purchasing a waterfront home in Berlin MD

Here are a few things to look for:

  • Waterfront views
    There are many reasons why a waterfront view is desirable. For starters, waterfront views are simply beautiful and offer a unique perspective that can’t be found anywhere else. Watching a sunrise or the sunset over the water is a relaxing experience like no other.
  • Easy access to the water
    Waterfront homes are a great investment, but not all waterfront properties offer easy access to the water. This can be a major downside, especially if you’re looking to enjoy waterfront activities like fishing or swimming. Before you purchase a waterfront home, make sure you ask about the property’s access to the water. If it’s difficult or impossible to get to the water, you may want to reconsider your purchase.
  • A dock or a boat launchBoat Dock Berlin MD Waterfront Vacation Home
    If your house is on the water, sooner or later you’ll probably want to start boating.
    A dock lets you park your boat in the water. It can be your own personal dock or a dock for the community. A community dock is a dock that is shared by multiple people in a waterfront community. It can be a great way to meet your neighbors and enjoy waterfront activities together.
    A boat launch lets you launch your boat on a trailer. This can be a great feature if you don’t have your own dock.
    For kayakers, it lets you hand launch your kayak with the aid of the boat launch ramp. Kayaking is popular because it’s a fun way to get around and explore. It’s also a great exercise.
  • A swimming pool
    A swimming pool can be a great addition to your waterfront home. It’s a great place to cool off in the summer and relax after a day of fishing or swimming. If you don’t want to go to the beach, you can enjoy a swimming pool just as much.
    There’s nothing quite like taking a dip in your own pool on a hot day. A swimming pool can add value to your waterfront property.
  • An outdoor kitchen and patio
    Outdoor kitchens and patios are an important addition to any waterfront home. They are a great place to entertain guests. A patio offers a place for guests to relax and enjoy the waterfront views.
    An outdoor kitchen is a great place to cook your catch of the day on the grill. You can also prepare food indoors and then move it outside to the grill for some extra flavor. Having an outdoor kitchen and patio is a great way to enjoy your waterfront home to the fullest.
  • Ample parking
    If you’re looking for a waterfront home in a busy area, make sure to ask about the property’s parking situation. Some waterfront homes have plenty of parking, while others don’t have any parking at all.
    If you don’t have a driveway, you may find yourself trying to park on the street. Street parking can be difficult to come by in popular waterfront areas. Make sure your waterfront home has enough parking for all of your guests before buying it.

Waterfront properties in Berlin Maryland have it all!

If you’re looking for a waterfront home in a charming town with easy access to the ocean, Berlin MD should be at the top of your list in searching for real estate for sale. With its well-preserved downtown and close proximity to Ocean City, this little town has everything you need and more. So, if waterfront living is your dream, come check out Berlin MD today!

Featured photo courtesy of Sara Cottle on Unsplash.

4 02, 2022

Manage Ocean City MD Vacation Home Rentals with Vrbo

By |2022-05-11T09:01:49-04:00February 4th, 2022|Blog, Buying a Home, Maryland Area, News, Selling a home|0 Comments

Manage Ocean City MD Vacation Home Rentals with Vrbo

Footsteps in the Surf

Using Vrbo to Manage Ocean City Maryland Vacation Home Rentals

Are you looking for a way to generate income from your vacation home in Ocean City Maryland? Here are some tips on how to manage Ocean City MD vacation home rentals with Vrbo.

Vrbo is a platform that allows homeowners to manage their short-term rental properties. This can be a great way to make some extra money while you’re not using your vacation home.

Vrbo stands for Vacation Rentals by Owner. Vrbo is a subsidiary of Expedia Group, the travel company that offers online booking for flights, hotels, and rental cars.

Pay-Per-Booking Model vs Subscription Model

Vrbo offers two different listing models: pay-per-booking and subscription. With the pay-per-booking model, you will be charged a fee every time someone books your property. With the subscription model, you will be charged a flat yearly fee, regardless of how many bookings you receive.

Which listing model is right for you? That depends on how often your property is booked. If your home is booked frequently, the subscription model may be a better option. If your home is only occasionally booked, the pay-per-booking model may be more cost-effective.

The basics of how to list your property

The first step is to create an account. Then you’ll need to enter your property’s URL or address and select the type of listing you would like- pay-per-booking or subscription. You can also add photos for your listing here.Vrbo Listing

The next step is to provide some details about your property. This includes things like the number of bedrooms, bathrooms, and amenities. You can enter a description of your property. You can also add photos for your listing as well.

The next step is to set your pricing and availability calendar. You can price each night individually or just use a nightly rate based on how many nights you want people to stay in your property (e.g., “30% discount for stays over 28 days”).

You can use Vrbo to set the availability of your property. You can also add special pricing for certain dates. You can also set check-in and check-out dates.

Once this is done, click to list the property and your Ocean City Maryland beach house rental will be live on Vrbo!

Tips to get the most out of your listing

Now that we’ve gone over the basics of how to list your Ocean City Maryland vacation home rentals on Vrbo, let’s go over some tips to get the most out of your listing.

  • When setting availability, always remember to account for check-in and check-out times.
    Be sure to leave enough time between check-out and check-in times to allow your cleaner to get the house ready for the next guest.
  • Make sure to list any special amenities that your property has (e.g., pool, beach access, etc.).
    Include the number of “hang out spaces”. This will give your guests room to spread out.
  • If you’re looking to fill in any gaps in your calendar, consider offering a discount for last-minute bookings or long-term stays.
  • Use the “Description” field to give potential guests a better idea of what your property is like.
    This can include things like how close it is to the beach and local attractions nearby such as mini-golf and water parks.
  • Take advantage of Vrbo’s Ocean City Maryland vacation home rentals map Vrbo Competitive Setfeature to show potential guests exactly where your listing is located.
  • The map feature will also help you find properties listed by your competitors. You can then set up a competitor list (Vrbo calls this a “set”). This is a great aid in setting prices during various parts of the season. Vrbo has other tools to help with setting prices depending on your set of competitors.
  • Make sure to keep your listing updated with any changes in availability or pricing.
    Check your listing every day during the high season. During the off-season, it’s good to check at least once per week.
  • Respond promptly to any inquiries from potential guests!
    You want to build a good relationship with your guests. Nothing does it better than responding to their questions promptly.

Listing your vacation home will bring in supplemental income

Ocean City Maryland is a popular destination for short-term rentals. If you’re looking to supplement your Ocean City vacation home purchase with additional income, Vrbo can help you do just that!

You can list your Ocean City property on the pay-per-booking model or subscribe at an affordable yearly price. Vrbo has options tailored to suit any budget.

Featured photo courtesy of Richie Nolan on Unsplash.

3 02, 2022

Ocean City Maryland Real Estate Spring Market

By |2022-05-11T08:57:41-04:00February 3rd, 2022|Blog, Buying a Home, Maryland Area, News, Selling a home|0 Comments

What to Expect in the Ocean City Maryland Real Estate Spring Market

Ocean City Maryland Children on the Beach

Ocean City Maryland Real Estate Spring Market

Ocean City Maryland is a great place to buy a vacation home. The prices for vacation homes in Ocean City have been on the rise in the past year. However, on average they are still more affordable than beach area homes in other parts of the East Coast.

In addition, Ocean City is a great place to invest in real estate. The city has been growing rapidly in recent years, and it is only going to continue to grow. If you are looking for a place to buy a vacation home, Ocean City should definitely be at the top of your list.

The Ocean City real estate spring market is one of the best times to buy if you are looking for a vacation home. Many homeowners put their Ocean City MD real estate on the market in late winter and early spring. That makes winter the ideal time to start your vacation home buying journey (finding areas you like, figuring out your budget, talking with a lender, etc.) before the new properties hit the market.

Housing Prices

There are a great number of condos in Ocean City Maryland. Ocean City is a popular vacation spot, so many people invest in condos here. The prices vary depending on the size and location of the condo. There are many affordable options.Housing Prices

The average home price in Ocean City that went under contract during December 2021 was $429,000. Meanwhile, the median home pending sale price for December 2021 in Ocean City Maryland was $394,000.

Why is there a difference between average prices and median prices?

The median price is the home price that is in the middle of all of the other home prices. This means that half of the prices are above it and half of the prices are below it. The average home price, on the other hand, is the sum total of all of the home prices divided by the number of homes sold.

A large number of lower-cost condo properties keep the median price of real estate in Ocean City much lower than the average price. The median pending sale price for the year in Ocean City Maryland for the entire 2021 year was $360,000.

Interest Rates and Mortgages

The national average 30-year fixed mortgage APR is 3.770% as of February 3, 2022. That national average is up 9 basis points since last week. A basis point is one-hundredth of a percentage point. So, in a 30-year fixed mortgage, a rise of 9 basis points would mean that the interest rate has increased by 0.09%.

Another rate to keep track of is the Federal Funds Rate. It’s the interest rate that banks charge each other for overnight loans. It’s an important rate to keep track of in figuring out what mortgage interest rates will be going forward. The Federal Funds rate remains at 0.25, the rate it’s been at for the past year.

The Fed has signaled that it plans to increase the Federal Funds Rate this coming year. The consensus among economists is that the Fed will increase it by 0.50%. If the Federal Funds Rate increases, then mortgage rates should also go up.

5 reasons that interest rates affect mortgages:

  1. The cost of borrowing money: One of the most important reasons that interest rates affect mortgages is because they affect the cost of borrowing money. When interest rates go up, it becomes more expensive for people to borrow money. This means that people have to pay more for things like mortgages and car loans.
  2. A borrower’s risk premium: A borrower’s risk premium is the extra amount of money that a borrower pays to lenders in order to compensate them for the risk of not being repaid. This can be in the form of a higher interest rate, points, or both. When lenders feel that there is a higher risk of not being repaid, they will require a higher risk premium from borrowers.
  3. How much credit is available: The amount of credit that is available affects mortgage interest rates because it affects the supply and demand for mortgages.
  4. The effect of inflation on interest rates: Inflation can affect interest rates because it can make it more expensive for homebuyers to borrow money. This is because inflation causes the value of money to go down.
  5. Mortgage market liquidity: Liquidity in the mortgage market is a measure of how easily lenders can buy or sell mortgages. When the mortgage market is liquid, it means that there are many institutions interested in buying and selling mortgages. This gives lenders confidence since they know that they will be able to quickly sell the mortgage if they need to.

Buying a House in Ocean City Maryland

Beach EntryThe Ocean City Maryland real estate spring market is a good time to buy. That’s true whether you’re a first-time homebuyer or just looking for a larger Ocean City Maryland real estate space, Ocean City is close to Ocean Pines (with access to Ocean Downs Casino) and Assateague Island. Ocean Pines also has many amenities including golf courses, shopping centers, restaurants, and more.

The Ocean City Maryland real estate market begins to heat up after the winter months and into the spring months. The demand for Ocean City MD homes and condos is high as many people look forward to their summer vacation in Ocean City.

The area is commonly referred to by locals as OCMD or just OC. Ocean City brings in buyers from all over the Mid-Atlantic area. Best of all, it’s only an hour and a half away from Baltimore or Washington DC!

You should consider these things if you’re buying a vacation property in Ocean City Maryland

  • What are my wants vs what are my needs?

    Wants are a list of features that you would like in a property, while needs are a list of features that are required in order for you to purchase the property.
    For example, a buyer who is looking for a vacation home in Ocean City Maryland may want a property that is within walking distance to the beach. On the other hand, they may need three bedrooms in order to accommodate their entire family.

  • How much can I afford to spend on a vacation home?

    Debt-to-Income (DTI) is a calculation used by lenders to determine how much of a mortgage you can afford.
    Lenders determine the DTI ratio by dividing your total monthly debt payments by your gross monthly income. For example, if you have $1,500 in monthly debt payments and earn $6,000 per month, your DTI would be 25%.
    Many lenders will limit a borrower’s mortgage to 36% of their DTI ratio. So, in the example above, the lender would likely only give the borrower a mortgage for up to $2160 per month (36% of $6,000).
    When purchasing a vacation home, it’s important to remember your total monthly expenses. That includes the mortgage payment, homeowner’s insurance, property taxes, and any homeowners association fees.

  • Will I offer my home for short stay vacation rentals?

    A short stay vacation rental is a property that is rented out for short periods of time.
    There are pros and cons to renting out your Ocean City Maryland real estate property on a short-term basis. On the plus side, you can earn extra income from your vacation home while also enjoying it yourself for a few weeks each year. However, there are some things to keep in mind before deciding if short-term rentals are right for you.
    First, you’ll need to decide if you want to manage the rental yourself or hire a property management company. Property management companies typically charge a commission (usually 10-15% of the rent) and may also have minimum rental periods.
    You’ll also need to make sure that your Ocean City vacation home is properly set up for short-term rentals. This includes things like providing quality WiFi, enough parking spaces for the number of guests expected, and a cleaning service between rentals.
    Finally, you’ll need to market your Ocean City Maryland vacation home to potential guests. Websites such as Airbnb and VRBO offer help on how to start planning for rentals.

The spring real estate market in Ocean City Maryland

Ocean City Maryland is a prime spot for vacation homes and condos. There are several reasons why this city makes sense as your next vacation home. OC has Ocean Pines to the east, Assateague Island to the south, Ocean Downs Casino in Ocean Pines, and an hour and a half from Baltimore or Washington DC.

The Ocean City Maryland real estate spring market begins to heat up after the winter months. So now is a great time to take advantage of what’s available on the market!

Featured photo courtesy of Seth Hoffman on Unsplash.

4 01, 2022

What to Expect in the 2022 Pennsylvania Housing Market

By |2022-04-22T14:59:05-04:00January 4th, 2022|Blog, Buying a Home, Maryland Area, News, Selling a home|0 Comments

What to Expect in the 2022 PA Housing Market

2022 Housing Market in Pennsylvania

The Pennsylvania Real Estate Market in 2022

Pennsylvania single-family homes on the market are expected to continue to sell quickly due to a limited supply and high demand. In addition, homes are not as likely as before to get sold without making any necessary repairs or updates. Buyers who are paying the asking price, or over the asking price, are less likely to want to fix problems or do renovations after purchasing their new home.

Competition has been fierce among buyers trying their best to win bidding wars. A real estate bidding war is a situation in which more than one party expresses interest in purchasing the same piece of property. The parties involved will then make offers on the property in an attempt to win it over the other. We expect bidding wars to continue into 2022.

Housing Prices

Supply and demand is the single most important factor in determining price. So with limited single-family homes on the market, and many buyers fighting for them, prices are expected to stay stable after the red hot market of 2021.

According to Lawrence Yun, the National Association of Realtors®’ chief economist, “home price increases are also expected to ease with an annual appreciation of less than 6%”.

There were 6 million existing-home sales in the US in 2021. The best in 15 years. Lawrence Yun predicts that sales will decrease slightly in 2022, due in part to the expected increase in interest rates. Also, there should be a modest increase in new home construction as the supply chain backlog improves.

Interest Rates and Mortgages

The national average 30-year fixed mortgage APR is 3.560% as of January 10, 2022.

An important rate to keep track of for determining what mortgage interest rates might be in 2022 is the Federal Funds Rate.

The Federal Funds Rate is the interest rate at which depository institutions lend federal funds to other depository institutions overnight. The Federal Reserve can influence this rate by buying or selling U.S. Treasury securities.Housing Loan

Mortgage rates are influenced by the Fed Funds Rate because they are typically tied to the 10-year Treasury yield. When the Fed Funds Rate goes up, mortgage rates go up, and when the Fed Funds Rate goes down, mortgage rates go down.

The Fed Funds Rate is currently at 0.25%. That’s the rate it has been at for the last year.

The Fed has signaled that it will increase the Federal Funds Rate this coming year, and the consensus among economists is that it will increase 0.50% in 2022. If this happens, then mortgage rates should increase as well.

Here are 5 reasons that interest rates affect mortgages:

  1. The cost of borrowing money: Interest rates are the amount of money people have to pay for borrowing money. When interest rates go up, it costs more to borrow money. This means that people have to pay more for mortgages and other loans.
  2. The availability of credit: People have to pay more for mortgages and other loans when interest rates go up. This means that it is harder for people to borrow money.
  3. Inflation and the level of interest rates: Inflation is when prices for things go up. When it happens, interest rates will often go up as well due to the influence of the Federal Reserve. One of the main goals of the Federal Reserve is to control inflation. The Fed can influence inflation by changing the Federal Funds Rate.
  4. Risk premiums for different types of borrowers: A risk premium is an extra amount of money that a borrower has to pay when they borrow money. This is because the lender perceives the borrower as being riskier. The riskier the borrower is, the higher the risk premium will be. An example of how risk premiums affect home mortgages is when a lender requires a higher interest rate for a mortgage if the borrower has a low credit score. This is because the lender perceives the borrower as being riskier. The higher the interest rate, the more money the borrower will have to pay in total.
  5. The liquidity of the mortgage market: The liquidity of the mortgage market is the ability of a lender to quickly and easily sell mortgages. This makes more capital available to lenders.

Buying a House in Pennsylvania

Buying a house is one of the most important choices many people will make in their lifetime. It’s helpful to keep in mind that buying a house is also an investment, which means buying at the right time can be crucial for maximizing your buying power. Purchasing real estate isn’t something you do on a whim; it takes serious consideration and long-term planning.

When thinking about buying a house, Pennsylvania buyers should consider the following:

  1. How much can I afford to spend?
    If you want to buy a home, it is good to have a mortgage that is about 30% of your income.
  2. What are my needs vs. what are my wants?
    Making a list of your needs and wants helps to clarify what is truly important. No home is perfect. So having a clear idea of those items that are non-negotiable before writing an offer is very helpful in the purchasing process.
  3. What kind of mortgage do I need?
    For example, a 30-year fixed-rate mortgage vs. a 15-year fixed-rate mortgage. The VA loan is available to those who served in our country’s military. FHA loans have a lower down payment and tend to approve buyers with lower credit scores.
  4. Can I really afford a monthly mortgage payment and other associated costs (property taxes, homeowners insurance, homeowners association, etc.)?
  5. What will happen to real estate prices, inflation, and interest rates in Pennsylvania in 2022?

Selling a House in Pennsylvania

The market for selling a house in Pennsylvania in 2022 is expected to remain strong. Housing inventory remains low compared to the number of first-time homebuyers as well as seasoned home buyers looking to move.

First-time homebuyers are driving a lot of the demand. Millennials – those born between 1982 and 2000 – continue to age into the home-buying market. This generation holds a significant number of people aged 24 through 44 who are ready to purchase their first home.

Selling a house in Pennsylvania

Here are 5 tips for selling a home in Pennsylvania in 2022:

  1. Your home must be in great condition and updated if you want to get top dollar. You want to get as much money for your home as possible.
    For example, consider painting your walls. Fix anything that’s broken. Replace the roofing if it’s near the end of its life. HVAC stands for heating, ventilation, and air conditioning. It’s a system that regulates the temperature in a building or vehicle. Make sure the HVAC system is up to date.
  2. Price your home correctly from the beginning – it’s important to have realistic expectations.
  3. Stage your home so that it looks its best, emphasizing its selling points.
    It’s important to make your house look clean and declutter before you start showing it to buyers. Remove overly personal items such as family photos. You want buyers to be able to imagine what it would be like to live there and to visualize their furniture and decorations in each room. At this point, your home is your investment and you need to see the sale as a business transaction.
  4. Use a real estate agent who knows the market inside and out.
    When you try to sell your house yourself, it’s called FSBO. It can be a bad idea because it’s hard to know what to do and how to do it. You also might not get as much money as if you used a real estate agent.
  5. Be prepared to negotiate with potential buyers.
    When you want to sell your house, you need to be prepared to negotiate with the people who might want to buy it. Your real estate agent will help you do this.

The Real Estate Market in Pennsylvania is Solid

There are a lot of questions about what the future holds for Pennsylvania’s housing market and we can help answer them. Subscribe to our newsletter to stay up-to-date on developing trends in real estate, including new developments happening this year that will affect your home purchase or sale decisions. We can also help you get expert advice on how interest rates, inflation, and other factors may impact you as a homeowner.

Featured photo courtesy of Ralph Kelly on Unsplash.

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