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Elite Results Realty Blog

Wednesday, June 16, 2021   /   by Vyral Marketing

How Does the Current Market Look for Investors?

I discuss whether or not now is the right time to invest in real estate.

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What does the state of the market look like right now? We’re still in a hot seller’s market. This is truly an unprecedented time. People are getting into the market for short-term and long-term investments. Today I’m discussing whether or not it's a good time to invest in real estate.
Many people are considering buying properties in the market because of appreciation rates and while there can be a great opportunity to buy and see a rapid appreciation, I typically don't recommend getting in and having a speculative, short-term outlook. If you're looking to purchase something and see it rise 10% over the next few months, that may happen, but if you want to look at it as a long-term investment. That's typically where you see the most gains.
Over the last several years, many of the investors that we work. ...

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  real estate investing

Tuesday, June 1, 2021   /   by Vyral Marketing

How We Help Homebuyers Succeed in Today’s Market

It’s still possible for buyers to win in a seller’s market.

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It’s a tough market for buyers right now. Competition is fierce, as there’s incredibly high demand but very few homes available to go around. Many buyers are trying to find ways to make their offers stand out, such as by writing letters about why they need or want the home. However, there are better ways to make an offer that wins you the home of your dreams.
These are a few things that have worked well for our clients recently. In one case, we were able to find a home within the first 15 minutes of it being listed. This meant we could put in a strong offer early and negotiate terms before anyone else even knew it existed. We were under contract within a few hours, and we even beat offers that were thousands of dollars higher than ours.
In another situation, we were waiting for weeks to find a home that mat. ...

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  buying a home

Tuesday, May 18, 2021   /   by Vyral Marketing

Is Now a Good Time To Buy if Prices Go Down in the Future?

Waiting for a market correction to buy might not actually cost less.

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Many people are asking if they should purchase a home if there's a coming price correction in the future. I’d like to discuss the ramifications of buying a home now even if there's a potential downturn in the market in the future. I’d also like to go through a little bit of a demonstration of what could happen with prices based on the current trends.
Over the last year, we've seen prices appreciate about 30% and many people are concerned if that continues then prices have a good probability of going down. Let's take a look at a scenario of somebody looking to buy a home for $400,000 right now. They may have been able to purchase that home for under $300,000 a year ago and feel like they're overpaying if the current trends continue. However, if an additional 30% appreciation occurs, they could be looking at the . ...

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  buying a home

Monday, April 26, 2021   /   by Vyral Marketing

3 Ways Agents Help You Maximize Your Home Sale

These are just a few good reasons sellers should hire a Realtor, even in this hot market.

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If homes are selling so quickly, why should you pay a Realtor to help you sell? Here are three key reasons why you should enlist the help of a professional irrespective of the conditions in our market:
1. An agent helps you choose the best offer. If you don’t use a Realtor, how do you know you’re getting the best offer for your home? Suppose your home is currently valued at $450,000; if you got an offer for $455,000 within two days of listing, would that be the best offer you could get? What could you get if you had 10, 12, or even 30 offers? Great agents in the top 1% of the industry can help you answer these types of questions and educate you about what’s going on in the market.
2. An agent makes sure the buyer can afford to pay the amount they’re offering. Many buyers can qu. ...

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  selling a home

Friday, April 9, 2021   /   by Vyral Marketing

5 Reasons Why It’s The Perfect Time to Sell Your Home

Here’s why now is the perfect time to list a home for sale.

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Sellers are having a fantastic time in our market right now. If you’ve been on the fence about listing your home, today I'm sharing five reasons why now is the perfect time to sell:
1. Prices have never been higher: Prices skyrocketed in the market boom of 2005/2006, and many people thought we’d never reach those same levels. Well, we’re there again in 2021. In fact, we’ve even exceeded those prices in many cases.
2. Properties are getting multiple offers: Due to high demand for homes, many sellers are enjoying multiple offers on their listings. This competition drives up the price and creates better terms for sellers.
"There isn’t much competition among sellers right now, so your listing will automatically stand out in the market."

3. Interest rates are at historic lows: You can sell your h. ...

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  selling a home