My Blog

Buying a home in a seller’s market

6/12/2019


It seems the real estate market is changing daily. In the greater Philadelphia area, we’re veering toward a seller's market. Home buyers need to apply different techniques and trust their real estate agents who are paying careful attention to current market conditions.

 

Here are some tips for home buyers in this seller-oriented climate:

 

  1. Time: Inventory will move quickly in a seller’s market. It’s important to know what you want in your home, have those 3-5 “must-haves secure,” and be prepared to make an offer without too much hesitation.
  2. Price: It’s unlikely you will be able to make an offer too far below asking price. If you are in love with a home, get in the mindset that you may have to make an offer above asking price.
  3. Showings: If you love a home you see online, be early to attend the first showing. Don’t delay or your dream home could be gone in 24 hours.
  4. Preparation: In a seller’s market, listing agents are incredibly busy. If you have all your ducks in a row – mortgage pre-approval letter ready; a good offer on the table; not asking for a number of contingencies in order to buy – the seller’s agent is more likely to take your offer seriously and consider your offer over another. This is also when the relationship-building prowess of your agent comes into play. Your agent’s ability to communicate effectively with the seller’s agent could make a huge difference.

 

The Media, PA real estate market is competitive right now. Average home prices have increased and are selling at a quicker pace than last year. Your real estate agent will guide you through this seller-leaning market and help you find your dream home.

What's happening across Delaware County this Spring?

3/27/2019



The sun is shining, the birds are chirping, and the Delaware County event calendar is building up. Here is a list of some of our favorite "happenings" in the region.

              - April 4-6: Media Film Festival
              - April 7-12: Media Restaurant Week
              - April 13: Great Easter Egg Hunt in Providence Park
              - April 14: Media Spring Super Sunday
              - May 5: 6th Haverford Spring Fest for Music and Arts 
              - May 10: Rocky Run YMCA Kids Fun Run & Food Fest
              - May 18: Chadds Ford Historical Society: Valley Jamboree
              - May 19: Linvilla Orchards Antique Car Show
              - June 1: Linvilla Orchards Strawberry Festival

Sources: Mediaborough.com; Visitmedia.com; Patch.com.

Three things to ask your realtor before listing your home

3/27/2019






Moving, in general, can be pretty daunting. That’s why finding the right real estate agent to help you sell your home is so important. You’ll be spending a lot of time together, so you want to choose the most qualified agent with a communication style compatible to yours.

Here are three important questions to help you with your vetting process:

  1. What are the listing rates and comps in my area?It’s your agent’s job to list your home at the most appropriate price so that it will sell. She should do her homework and not just tell you what you want to hear. Make sure the agent isn’t inflating your list price just to get your business, then will reduce it once you are under contract. 
  2. How many sales has your company had in my area?The best real estate agent for you should know your local area inside and out. Your home may have some nuances that make it a stand-out within your neighborhood, and your agent should know how to capitalize on this to sell it at the best possible price.
  3. What will you do to market my home?Once hired, your agent will likely begin by adding your home to the multiple listing service (MLS), a massive database of home listings, and scheduling open houses. You want to choose an agent who will go the extra mile to sell your home. Will he or she promote your listing on social media? What other digital and traditional marketing efforts will take place? Ads, brochures, signage? Before signing a contract, ask about the agent's plans to spread the word about your property.

 

The ideal realtor is an experienced professional who knows your market very well, is honest and ethical, answers your questions and concerns promptly, and will truly be your teammate.

Four things you must do to sell your house this Spring

3/27/2019






When the snow melts and the weather warms, it becomes the perfect time to consider a move. Before you put your house on the market, there are four key things you should do to prep your home. 
 

  1. Deep clean and organize - Wash the windows, baseboards, door knobs, and remove any finger prints from surfaces. Create a space that allows potential buyers to envision their own lives in your home. Minimize the number of family photos and leave just enough that buyers can see your home has been loved. Give some extra TLC to the front door and foyer where buyers will step in and make their first impressions.
  2. Fix plumbing issues - Leaky faucets, running toilet? Now's the time to make those repairs. If a buyer is serious about your home, he will look for plumbing concerns during the walk-through. Make sure you call a professional for larger issues; don't make the mistake of DIYing and creating a big problem for yourself.
  3. Repair cosmetic damages - Holes in walls, cracked tiles, dingy rugs--these are things that can deter potential buyers. Making minor cosmetic fixes will make your home more appealing to buyers.
  4. Spruce up the exterior - Enhance your home's curb appeal by removing fallen branches, weeds, and replace dead plants. Some light landscaping can go a long way. Also look at any broken concrete on your sidewalk and driveway and make necessary repairs. If you have a deck, it should be structurally sound with code-compliant guardrails.


Making the right home improvements will result in a faster sale for a better price. Working together, we can advise you on which home improvements will be the most advantageous to accomplish your real estate goals. 

Buying a Home in Media, PA

3/27/2019




Looking to buy a home in Media, PA? Here are some things you should know. 

Media is considered the heart and soul of Delaware County, dubbed "Everybody's Hometown" due to friendly neighbors, rich history and heritage, and a bustling downtown area.   

If you enjoy dining out and a vibrant art scene, walkable State Street in Media Borough offers many bars, restaurants, shops, galleries, and the beloved Media Theatre. If you plan to raise a family, Media was voted one of the "best places to raise kids" in the greater Philadelphia region. One of the primary reasons is the fantastic school system. The Rose Tree Media School District was ranked #15 on the list of the best districts in Pennsylvania, the third safest school district in the Philadelphia area, and fourth on the list of the best teachers in the Philadelphia suburbs.  

Media and its surrounding townships of Middletown, Edgmont, and Upper Providence are close to some of the region's most incredible outdoor spaces to hike, explore, and learn. Linvilla Orchards, Tyler Arboretum, and Arasapha Farms offer year-round activities, events, and attractions. Five miles north of Media, Ridley Creek State Park is the perfect place for a day hike; and it houses the Colonial Pennsylvania Plantation where you can experience daily life on a pre-Revolutionary farm. All of this nature, and Media is a short train ride to the city of Philadelphia and a 20-minute drive to the Philadelphia Airport.

Because it's so desired, homes sell quickly in Media. Contact us for help finding your home in Everybody's Hometown.   

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