SPECIAL ADVERTISING SECTION
How is the market mid-way through 2023?
Home sales have dropped 31.57% year to date in Anne Arundel County. This drop is wholly due to a drop in the number of homes listed. There has been a 28.1% drop in the number of homes listed in 2023 versus 2022 year to date. Average sales prices are up 3.7% so values are holding strong and all statistical measures indicate strong buyer demand. Until we see more listing inventory to satisfy or at least counterbalance the buyer demand then we will remain in a solid seller’s market.
The David Orso Team of Berkshire Hathaway Home Services | Pen Fed Realty
What would you say is the most important factor to consider when selling a waterfront property?
In order to generate the sizzle when you first list your home you need to price it right, make sure your home is polished up so it shines and don’t forget high quality aerial photos. That said, the key factor is to make sure you hire a brokerage that effectively targets the Washington D.C. / Metro market. Recent sales data indicates that most premier waterfront properties are sold to buyers who are migrating this way to experience the Annapolitan lifestyle.
Brad Kappel | TTR | Sotheby’s International Realty
How is the overall real estate market performing in Annapolis?
The real estate market in Annapolis, Maryland remains dynamic and resilient. The city’s desirable location, rich history, and vibrant community continue to attract buyers and investors. Overall, the market has been experiencing steady growth with a healthy demand for homes. The inventory of available properties varies by neighborhood, with some areas having limited supply, particularly in highly sought-after locations such as downtown Annapolis and waterfront communities. As a result, there may be some competition among buyers for these properties. Additionally, the market has seen an increase in new construction projects, offering opportunities for those looking for modern and customizable homes. It is advisable for both buyers and sellers to work with experienced real estate professionals who can provide guidance and insights tailored to the unique aspects of the Annapolis market.
Travis Gray | Engel & Völkers
Why Choose a Waterfront Specialist to market your home?
When the time comes to sell your valuable waterfront property, it’s crucial to seek expert advice. At the Mr. Waterfront Team, we understand the unique value of your waterfront home, and we have the knowledge and experience to maximize your potential return. We go beyond just assessing your home’s value; we carefully consider its water location. Factors such as the breathtaking view, water depth, and proximity to key landmarks are essential in determining not only the price but also attracting the right buyer. By homing in on these distinctive details, we create targeted marketing strategies that encompass both online and print mediums. Our personalized approach ensures that your property stands out and captures the attention of discerning buyers. When it comes to selling your waterfront property, trust the Mr. Waterfront Team to provide you with exceptional service and the expertise needed to achieve the best possible outcome.
Reid Buckley | Waterfront Property Specialist | Mr. Waterfront Team of Long & Foster Real Estate | www.WaterfrontHomes.org
How can a local realtor be helpful for an out-of-state move?
If you are moving out of state, we will carefully vet the best real estate professionals in your new location and connect you with the perfect fit for your needs. This allows all agents involved to coordinate to ensure a seamless selling and moving process. Having the right team is imperative when moving out of the area! Last year, we had the pleasure of connecting our clients with 17 exceptional agents from different parts of the country thanks to the Compass National Network.
Betty Batty & Kate Liscinsky | Hello Home of Compass
When is the best time to list a waterfront home?
To really understand this question starts with an understanding that most waterfront buyers have specific criteria and take their time to find a home which meet their requirements. Therefore, it is less about timing the market and more important to present the home properly with content rich information for the discerning buyers. The fact is 65% of waterfront homes were listed in the first half of the year so the competition is heaviest in the spring market. The reason for the early presentation of inventory is simply because most waterfront home sellers think their home presents the best in the spring with landscape in full bloom and the strong desire of buyers to be out on the water.
The David Orso Team of Berkshire Hathaway Home Services | Pen Fed Realty
What are the qualities I should look for in selecting a Realtor to work with?
Things that should matter...An agent’s dedication to their business as a full-time Realtor and their dedication to making your real estate goals a reality. Request the agent’s track record for the last 12 months, don’t be afraid to ask for references and what their reputation in the industry is. (Networking among our peers is crucial to a Realtor’s success). Ask for a 90-day business plan in writing for your sale or purchase. Keep in mind this is a business transaction and make sure you handle it exactly that way (you can become friends after the transaction). Ask for a realistic “days on the market” strategy and a marketing game plan when listing your home. When buying a home, make sure you meet and interview to decide if all the personalities mesh. Most of all make sure you select an adequate and knowledgeable guide and advisor to one of your largest purchases or sales.
Christina Janosik Palmer | Christina Janosik Palmer Group of Keller Williams Flagship of Maryland
Why should I stage my house when there are so few homes on the market and it’s such a strong market for sellers?
Homes that are staged and presented well get more money with fewer contingencies in all real estate markets. The old expression, “You only have one chance to make a first impression” is especially true in real estate. Buyers are simply more willing to pay top dollar if the home looks nice and this attracts a bigger buying pool and helps to create competition among buyers. Staging allows the buyer to look at the house and not the sellers’ things. Statistics prove staged homes have higher sales prices and fewer days on the market which is more money in the sellers’ pockets!
Alex Tower Sears | The Tower Team of TTR | Sotheby’s International Realty
What is the latest trend in architectural design?
Green architecture and eco-conscious living are trends that I believe are here to stay. Sustainable solutions and natural or recycled materials are vastly becoming popular options now and going forward.
“Sustainability calls for a whole-systems approach to development that encompasses the notion of green building but also addresses broader social, ethical, and economic issues.”
- Francis D.K. Ching
Andrew Peterson | Architect | Lundberg Builders
What are closing costs?
In Maryland, closing costs are basically the expenses you have to pay when buying or selling a home. The costs usually range from 2% to 6.5% of your purchase price. What’s included in these costs? Usually you split the property transfer taxes, plus recording fees, owner’s title insurance, and settlement fees. If you’re getting a mortgage, there will be some lender fees like origination fees and appraisal fees. Other things that can add to the closing costs include survey fees and prepaid expenses like property taxes and insurance premiums. These costs can vary depending on the property and your specific situation. It is always best to talk to a real estate professional to help guide you with these fees.
Kara Shaffer | Diane & Crew of Taylor Properties
What are some tips and tricks to help ease the stress of moving?
First and foremost, purge, that may seem like common sense, but this absolutely saves you time and money! Also, color code your moving boxes. Each room should be color coded to make unloading easier. Pack your plates vertically, when oriented this way, they are less likely to break but obviously make sure to wrap them well with bubble wrap. Pack a first day basket with disposable plates, cups, cutlery, paper towels, napkins, trash bags, and toilet paper! Don’t forget to change your address not only through USPS, but all of your online accounts including Amazon!
Diane Mallare | Diane & Crew of Taylor Properties
What changes have you seen in the market?
The spring and early summer remained very active in the market and sellers are still finding great success in selling homes and buyers are finding a challenging and competitive market. Interest rates have had minimal impact on the immediate Annapolis market other than continuing to contribute to the low inventory.
Scott Schuetter | Berkshire Hathaway Home Services
What is Werrlein Services?
Werrlein Services is the one stop shop for all your home service needs. You no longer will have to look around for different trustworthy and affordable home professionals anytime something goes wrong. We solved that by having it all under one roof. We provide you with the great convenience of only needing to call one number for all your home service needs. Each home is assigned to one of our Home Specialist. We will be working directly with you each time to provide an easy and reliable experience. We like to call it “Home Services, Made Easy.”
Jonathan Werrlein | Werrlein Services
How do you handle and resolve any potential issues or complications that may arise during the sale?
No matter who your agent is, where your home is located, or what the local market conditions currently are, you can be sure that unexpected hiccups will arise. While experience matters, every transaction is unique and will require different approaches. Staying informed about the local real estate market, new regulations, and the state of the economy helps us anticipate potential complications and ways to address them. Collaborating with other professionals in the industry, including but not limited to, lenders, home inspectors, title companies, contractors, allows us to leverage their expertise to arrive at quicker resolutions. Years of negotiation experience helps us put our clients’ interests above all else while coming to a mutually acceptable solution for all parties. Most importantly, remaining calm, positive, and professional allows us to keep our emotions in check, so we are confident in every choice we make.
Jack Papaleonti, GRI/Realtor® | The Anchor Team of Academy Realty
It seems like waterfront homes have become unaffordable and uber luxury is the new norm. Is that true?
A very passionate NO!!! Don’t be fooled by print advertising of luxury homes by realtors trying to build a personal brand. I’d offer three statistics to encourage potential waterfront homebuyers: (1) the average sales price of a waterfront home in 2022 was $1,444,628. (2) 80% of waterfront homes sold in 2022 were under $2,000,000. (3) 2 out of 3 waterfront homes in 2022 were financed with a loan NOT paid in cash. My advice for anyone seeking to live on the water but feeling a bit intimidated by the pricing is to meet with a true professional and have a consultation to share your dreams and visions.
The David Orso Team of Berkshire Hathaway Home Services | Pen Fed Realty
My husband and I bought our house before the wedding, is there a benefit to retitling our real estate?
Yes, owning a property as husband and wife (tenants by the entireties) creates certain creditor protections that Tenancies in Common and Joint Tenancies don’t have. The ownership does not automatically change when you get married, you will need to record a new deed to get the benefits.
As always, consult with your attorney and tax advisor whenever changing ownership of your assets.
Feel free to reach out for a quick conversation about your real estate needs with an experienced Real Estate Attorney.
Call Cooch, Bowers & Schuller to discuss in more depth. 410-974-1900.
M. Clare Schuller, Esq. | Progressive Title / Cooch, Bowers & Schuller
What is your overall philosophy when it comes to serving clients in Maryland?
My philosophy is centered on delivering exceptional honest service, building long-term relationships, and always putting my clients’ needs first. I strive to provide a seamless and stress-free experience, maintaining open communication, providing expert guidance, and exceeding expectations at every step of the real estate journey in Maryland.
Erica Baker | TTR | Sotheby’s International Realty
When is the best time to put your home on the market?
Regardless of market conditions, interest rates or time of year, the best time to list your home is when the house is “Ready”! That happens when your home and property look their best which involves effort. Excellent photography is key to great marketing and results from quality staging. Decluttering, cleaning carpets, adding fresh paint, touching up landscaping, getting a home inspection, and making necessary repairs will add to any Seller’s bottom line. We have great resources to help. Buyers are looking for a house that presents well and it behooves Sellers to deliver such a product!
Georgie Berkinshaw | Coldwell Banker Realty - Annapolis Church Circle
What’s happening in the waterfront market this year?
In comparing the first six months of waterfront sales this year with last year, we can draw some conclusions that may impact potential sellers’ decision-making. For Jan – June 2022, there were 192 waterfront sales with an average price of $1,465,400. For the same time in 2023, there have been 140 waterfront sales with an average price of $1,505,000. There are less sales because less properties are coming on the market as sellers delay moving to keep lower interest rate mortgages. However, if it is time to downsize or move out of state, it’s a great time to be a seller because inventory is so reduced! And, we are still seeing multiple offers on properties that are well-priced. If you are wondering about your waterfront home value, we’ve been providing excellent service and getting superior results for almost 30 years. Call the Waterfront Specialists at The Mr. Waterfront Team!
Reid Buckley | Waterfront Property Specialist | Mr. Waterfront Team of Long & Foster Real Estate | www.WaterfrontHomes.org
Should I waive a home inspection?
I always recommend against waiving a home inspection. There are many ways to be competitive without paying more money but one of the most significant is having a walk and talk vs an inspection. This is a common practice in the DC and No Va markets but hasn’t caught on locally. A walk and talk is an abbreviated home inspection without a full written report prior to submitting an offer.
Jennifer Chino | Sr. Vice President | Stahley Thompson Homes of TTR Sotheby’s International Realty
Do you expect the Seller’s Market conditions that we have seen for the last couple years will continue for the remainder of 2023?
We have never experienced a time when there were less homes listed for sale. This unprecedented lack of supply coupled with high demand has continued to propel our local market. There are a plethora of cash Buyers currently searching for their waterfront escape. If you want to sell your home for Top Dollar, don’t wait, sell now and catch this hot seller’s market.
Brad Kappel | TTR | Sotheby’s International Realty
Why hire a real estate agent to sell my home?
An agent will use their expertise to prepare and market your home to get the best price in this unpredictable market. They will negotiate on your behalf, manage deadlines, and serve as an advocate from listing to closing.
Peggy Love, GRI, SRES | Realtor | Annapolis Fine Homes | Long & Foster, Forbes Global Properties
How can I achieve my real estate goals in today’s market?
When buying, always hire a well-connected, reliable agent to negotiate a price ensuring profitability, prioritize location and be well prepared with your lender to make your best offer. For selling, utilize the best staging to show your house at its finest and price it competitively to ensure the most offers.
Jennifer Siska | Realtor | Annapolis Fine Homes | Long & Foster, Forbes Global Properties
How should I price my home in this market?
Sellers fall into the trap of incorrectly pricing their home in a hot market and it costs them lots of money. If you want to obtain top dollar then you need to let the buyers compete to drive the price and terms to an optimal point in the negotiation; which will happen very quickly. The “profit” comes from a competitive buyer pool outbidding one another. Professional experience, market research and understanding pricing strategy is more important than ever in a fast market because there is NO time to recover from an error. It’s truly binary: win fast -or- lose fast.
The David Orso Team of Berkshire Hathaway Home Services | Pen Fed Realty
What can I do to attract more showings and possibly receive multiple offers on my home?
Taking the time to get your home in prime condition is so important. A qualified Realtor will have the resources to guide you to be the hottest house in town. Buyers want new paint, new flooring, upgraded baths, and great new upgraded kitchen with updated appliances.
Giving your home a facelift prior to entering the market will pay off in price, a short time on the market and the possibility of multiple offers.
Christina Janosik Palmer | Christina Janosik Palmer Group of Keller Williams Flagship of Maryland
In a competitive market, why is selecting the right realtor important to you?
In a highly competitive market, it is important to choose your realtor wisely. Consider their market knowledge and if they are well-connected with local buyers and sellers. Do they know the area well? Knowing the local market, laws, and industry standards sets apart the successful realtor. A realtor’s ability to network, communicate, be strategic, and establish relationships with other top realtors, lenders, home improvement providers and other industry contacts is critical. Ultimately, your choice of a KNOWLEDGEABLE, SAVVY, WELL-CONNECTED realtor will provide you with the confidence and a successful real estate experience.
Joanna Dalton of Coldwell Banker Realty
What are some of the best-kept secrets in Annapolis?
Annapolis, Maryland holds a treasure trove of hidden gems. One of its best-kept secrets is the Paca House and Garden, an 18th-century mansion with stunning architecture and lush gardens that offers a glimpse into the city’s colonial past. Another secret is the Quiet Waters Park, a serene oasis with beautiful trails, picnic areas, and a hidden beach, perfect for a peaceful escape. The Banneker-Douglass Museum, often overlooked, showcases African American history and culture, offering powerful exhibits and engaging programs. Finally, the Annapolis Maritime Museum and Park is a hidden gem for maritime enthusiasts, with interactive exhibits and a tranquil waterfront setting. These secrets offer a delightful and enriching experience for those willing to explore beyond the well-trodden path in Annapolis, Maryland.
Travis Gray | Engel & Völkers
Can I close my transaction electronically?
Yes, homebuyers can close transactions electronically through an electronic signature or a remote online notarization platform. However, those are primarily cash transactions. Potential lender-specific restrictions may prohibit an electronic closing when a transaction involves a loan. Check with your title company at the beginning of the transaction to understand your options.
Brad Walsh, Esq. | President | Eagle Title
What are the three most common features that buyers look for in a top tier waterfront property?
Privacy is paramount, many of the buyers coming to the Annapolis area in search of a retreat to relax and escape from the hectic city life. Waterview is also extremely important. Unobstructed panoramic views always fetch a premium in this market and the most coveted feature is the waterfront pool. The local critical area laws are very restrictive and having a pool on the waterside can be a challenge to have permitted, so an existing waterside pool is a major value add.
Brad Kappel | TTR | Sotheby’s International Realty
Can I use outdoor fabrics and pillows inside my home?
Absolutely yes, performance fabrics were originally designed to withstand the elements but are now increasingly popular inside the home. Great for families with children and pets or simply those who prefer less maintenance and the reassurance that colors won’t fade as fast (or at all). Durable, easy-to-clean and available in colors and patterns that help blend and blur the line between indoors and out, outdoor pillows and fabrics are now available in countless colors and patterns.
Brandon Trippett | Retail Store Manager, Gabby & Summer Classics
I’ve seen national news stories of prices falling, should I wait to buy?
While it’s true that portions of the country have experienced falling prices, that’s not true everywhere. Just like there isn’t one national weather forecast, there is not one national real estate market. Real estate is local and even within local markets, there are micro pockets that can have even wider differences. If you look at just Anne Arundel County for the first six months of 2022 versus 2023, you will find that the average price was $532K in 2022 with 36 days on the market and a selling price 102.1% of the original asking price. 2023 is $561K with 32 days on market and 100.3% selling price. If you’re curious about your specific needs, ask a professional.
Dominic Cantalupo | Branch Manager, Crofton/Bowie Office | Long and Foster Real Estate, Inc.
My husband and I bought our house before the wedding, is there a benefit to retitling our real estate?
Yes, owning a property as husband and wife (tenants by the entireties) creates certain creditor protections that Tenancies in Common and Joint Tenancies don’t have. The ownership does not automatically change when you get married, you will need to record a new deed to get the benefits.
As always, consult with your attorney and tax advisor whenever changing ownership of your assets.
Feel free to reach out for a quick conversation about your real estate needs with an experienced Real Estate Attorney.
Call Cooch, Bowers & Schuller to discuss in more depth. 410-974-1900.
M. Clare Schuller, Esq. | Progressive Title / Cooch, Bowers & Schuller
How do you handle and resolve any potential issues or complications that may arise during the sale?
No matter who your agent is, where your home is located, or what the local market conditions currently are, you can be sure that unexpected hiccups will arise. While experience matters, every transaction is unique and will require different approaches. Staying informed about the local real estate market, new regulations, and the state of the economy helps us anticipate potential complications and ways to address them. Collaborating with other professionals in the industry, including but not limited to, lenders, home inspectors, title companies, contractors, allows us to leverage their expertise to arrive at quicker resolutions. Years of negotiation experience helps us put our clients’ interests above all else while coming to a mutually acceptable solution for all parties. Most importantly, remaining calm, positive, and professional allows us to keep our emotions in check, so we are confident in every choice we make.
Jack Papaleonti, GRI/Realtor® | The Anchor Team of Academy Realty
My present interest rate is low, why would I want to move now and pay a higher rate?
There are many reasons why you would do that. Home sales have slowed down making the possibility of getting that dream home more of a possibility. It may be advantageous to pay a higher payment now to obtain the home you want and reap the benefits later. Rates are cyclical and refinancing down the road is always possible. Plus, most people move from pain to pleasure, so your move will probably put you in an area or home with a better chance of appreciation. The longer you wait to get there, the larger the gap between what you have and what you want can widen making the leap more difficult or impossible.
Dominic Cantalupo | Branch Manager, Crofton/Bowie Office | Long and Foster Real Estate, Inc.
What are the Kitchen & Bath Design Trends for 2023?
Primary bathrooms with a spa-like atmosphere will be in greater demand. As with all design cultural shift reflects in the way we live. With wellness centered living and self-care at the forefront, the coveted spa bathroom is still on the upward trend this year. My clients are requesting luxury showers and steam showers that include multiple shower heads, zero curb entry and high-end surface materials. Large format stone slabs cover the shower walls and natural stone mosaics adorn the floors. Unique furniture style vanities with backlit mirrors are in demand as well.
Dawn Crovo | ASID Sr. Interior Designer | 314 Design Studio
Is the Maryland Housing Market Declining?
Swift answer is No! The pace at which home prices are changing are indicators of the strength of the housing market. Maryland’s current average sales price is $421, 800, Stevensville is up +6.5% average sales price at $505,600., Annapolis + 5.3% average sales price at $608,720. Slight corrections may be happening with only 49% of listings selling above list, -7.4%. The biggest challenge is LACK of inventory, Maryland. is down -24% yr. over yr. through May 2023. National experts are predicting a stronger third & fourth quarter, and a stronger 2024 as interest rates relax some. Also, the next largest group of buyers that are entering the purchasing market will be larger than the baby boomer market.
DeeDee McCracken of The DD McCracken Home Team of Coldwell Banker Realty | O: 410-224-2200 | C: 410-739-7571
Affiliated real estate agents are independent contractor sales associates, not employees. ©2023 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.
Do you expect the Seller’s Market conditions that we have seen for the last couple years will continue for the remainder of 2023?
We have never experienced a time when there were less homes listed for sale. This unprecedented lack of supply coupled with high demand has continued to propel our local market. There are a plethora of cash Buyers currently searching for their waterfront escape. If you want to sell your home for Top Dollar, don’t wait, sell now and catch this hot seller’s market.
Brad Kappel | TTR | Sotheby’s International Realty
How soon is too soon to start looking at a retirement community?
I always say it’s never too soon to start looking. The one thing we hear the most after someone moves into Londonderry is, “I should’ve done this sooner” or “Why did I wait”? My advice is to start looking as soon as you begin to think, is a retirement community, right for me? Every retirement community is different, and you must find the one that is right for you. Once you’ve moved into the right retirement community, I assure you that you will also think, “Why did I wait”?
Rachel Smith | Londonderry on the Tred Avon
In a competitive market, why is selecting the right realtor important to you?
In a highly competitive market, it is important to choose your realtor wisely. Consider their market knowledge and if they are well-connected with local buyers and sellers. Do they know the area well? Knowing the local market, laws, and industry standards sets apart the successful realtor. A realtor’s ability to network, communicate, be strategic, and establish relationships with other top realtors, lenders, home improvement providers and other industry contacts is critical. Ultimately, your choice of a KNOWLEDGEABLE, SAVVY, WELL-CONNECTED realtor will provide you with the confidence and a successful real estate experience.
Joanna Dalton of Coldwell Banker Realty
You were recently voted Best Luxury Realtor on the Eastern Shore. What does Luxury mean to you?
Multimillion-dollar properties aren’t the only ones that I would describe as “luxury”. Luxury can be the quality of the build, a desirable location, or features like wine cellars (a favorite), pools, or landscaping. It’s anything that adds pleasure, comfort, or enjoyment to a space beyond what is essential. The beauty of luxury is that it is different for everyone. I love working with clients to identify what luxury means to them, regardless of price point.
Biana Arentz of Coldwell Banker Realty
Where is the real estate market headed in the next 6 months?
We still have very low inventory on the Eastern Shore, so our market continues to remain fairly strong in all price ranges. However, the same factors apply to anyone thinking of selling, as buyers are very savvy and it is critical not to overprice. Review the comparables provided by your agent and understand that you will actually attract more interest if buyers feel the value is justified.
Further, I cannot stress enough the importance of having your home in show-ready condition when it is first put on the market. Decluttering, organizing, and staging appropriately is key! Remember, the first impression is often the difference between the potential buyer wanting to see a property or not.
Laura Carney | TTR | Sotheby’s International Realty
What is the biggest mistake a seller can make when interviewing agents?
That’s easy! Focusing solely on price. Agents can toss out any number they want but what is more important is what is behind that number. What I mean by that is what is the agent going to do to get that number? What is their overall marketing strategy? Sellers need to be careful to not just go with ’the highest bidder’ and be sure there is substance behind it. What I can tell you with absolute certainty is that everything starts with IMAGE. You need to start with high quality professional photography and drone photography/videography. Additionally, professional staging is a game changer. It isn’t about just putting furniture in a room, it’s about crafting an overall image that draws buyers in. Buyers are creating their short list of properties they want to see by what they see online.It all has to be top-notched but it doesn’t just stop there. Your agent has to understand your target audience and how to market to it. Any agent can stick a sign in your yard but not every agent understands all the layers of the big picture. Make sure you ask the tough questions.
Tricia Wilson | Chaney Homes
What would you say is the most important factor to consider when selling a waterfront property?
In order to generate the sizzle when you first list your home you need to price it right, make sure your home is polished up so it shines and don’t forget high quality aerial photos. That said, the key factor is to make sure you hire a brokerage that effectively targets the Washington D.C. / Metro market. Recent sales data indicates that most premier waterfront properties are sold to buyers who are migrating this way to experience the Annapolitan lifestyle.
Brad Kappel | TTR | Sotheby’s International Realty
Why hire an interior designer?
Creating a home can be a complicated process. Whether you are building, remodeling, or redecorating, you will have greater success with the help of a trained professional. Your space should not only look amazing, but it should be a reflection of your personality and style, and it should function in a way that works with your lifestyle. Amazing interior design does not happen by chance. Great spaces are often carefully planned and curated by professionals. Besides, you might need a neutral party to confirm that, in fact, all of that furniture you inherited from your in-laws doesn’t really work!
Fiona Newell Weeks | Dwelling & Design
Buyer Remorse - Seller Remorse: How Can I Better Prepare?
The National Association of Realtors and Hippo report 75% of Pandemic buyers expressed remorse! Why? Overspending, under inspecting, and rushing a major decision! Forbes says 40% of sellers reported remorse! Why? Wrong agent, wrong list price! Buyers, Find an agent to help set expectations and balance the potential circumstances that contribute to remorse! Realtors diminish much of the uncertainty that can come in this roller coaster market! Sellers, interview a few agents to determine experience and competency. Hire one that commits to your goals. A professional focused on maintaining your objectives through the process is invaluable to avoid remorse.
Lisa Barton of The DD McCracken Home Team of Coldwell Banker Realty | O: 410-224-2200 | C: 410-829-2051
Affiliated real estate agents are independent contractor sales associates, not employees. ©2023 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.
Should I order a home inspection prior to listing?
In general it’s a good idea to order a home inspection in advance of going live with the listing. No home is perfect and this gives you an opportunity to be ahead of any surprises and you can correct items from the punch list. Most of all if a larger item is discovered that could jeopardize a sale. You also might be able to save quite a bit of money that way, buyers typically will ask for larger credits than the repair might cost because they take their time and the risk of pricing ahead of a repair into consideration. On the Eastern Shore one of the biggest problems are crawlspaces , I always interview my sellers about those and suggest to having them inspected. Investing the crawlspace remediation is money very well spend and will always create a return on the investment
Cornelia C.Heckenbach | Long & Foster Real Estate | Forbes Global Properties Specialist
