3D Virtual Tours Now Available

3D Virtual Tours Now Available

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Above is an example of how your home could be presented.

When Is the Right Time To Sell ?

When Is the Right Time To Sell ?

by | Jan 14, 2022 | | 0 Comments

When Is the Right Time To Sell Some Highlights If you’re trying to decide when to list your house, the time is now. There are plenty of buyers eagerly waiting for your home to hit the market. The latest data indicates home...

Ultimate Sellers Guide

Ultimate Sellers Guide

Free Expert Home Evaluation

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Utah Housing Market Stats for December 2021

Why Work with a Realtor

The Difference is Clear

8 Reasons Why You Should Work With a REALTOR®

Not all real estate practitioners are REALTORS®. The term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics. Here are five reasons why it pays to work with a REALTOR®.

1. Navigate a complicated process.

Navigate a complicated process. Buying or selling a home usually requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multipage settlement statements. A knowledgeable expert will help you prepare the best deal, and avoid delays or costly mistakes.

2. Information and opinions

Information and opinions. REALTORS® can provide local community information on utilities, zoning, schools, and more. They’ll also be able to provide objective information about each property. A professional will be able to help you answer these two important questions: Will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?

3. Help finding the best property out there.

Help finding the best property out there. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your REALTOR® to find all available properties.

4. Negotiating skills.

Negotiating skills. There are many negotiating factors, including but not limited to price, financing, terms, date of possession, and inclusion or exclusion of repairs, furnishings, or equipment. In addition, the purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.

5. Property marketing power.

Property marketing power. Real estate doesn’t sell due to advertising alone. In fact, a large share of real estate sales comes as the result of a practitioner’s contacts through previous clients, referrals, friends, and family. When a property is marketed with the help of a REALTOR®, you do not have to allow strangers into your home. Your REALTOR® will generally prescreen and accompany qualified prospects through your property.

6. Someone who speaks the language.

Someone who speaks the language. If you don’t know a CMA from a PUD, you can understand why it’s important to work with a professional who is immersed in the industry and knows the real estate language.

7. Experience

Experience. Most people buy and sell only a few homes in a lifetime, usually with quite a few years in between each purchase. Even if you have done it before, laws and regulations change. REALTORS®, on the other hand, handle hundreds of real estate transactions over the course of their career. Having an expert on your side is critical.

Objective voice.
  1. Objective voice. A home often symbolizes family, rest, and security — it’s not just four walls and a roof. Because of this, homebuying and selling can be an emotional undertaking. And for most people, a home is the biggest purchase they’ll every make. Having a concerned, but objective, third party helps you stay focused on both the emotional and financial issues most important to you.
Utah Housing Market Stats for December 2021

Whats Trending in Outdoor Kitchens?

by | Feb 24, 2020 | | 0 Comments

  Outdoor kitchens have been popular for years. Not only do they give you an excuse to enjoy beautiful weather outdoors but they’re also great for entertaining. Having a nice outdoor kitchen can even improve the overall value of your home! While these kitchens...

You May Have More Home Equity Than You Think

You May Have More Home Equity Than You Think

by | Feb 21, 2020 | | 0 Comments

You May Have More Home Equity Than You Think​ With home values appreciating, there's a good chance you have more home equity than you think. Let's connect to explore how you can use your equity in your next move.

The #1 Misconception in the Homebuying Process

The #1 Misconception in the Homebuying Process

by | Feb 20, 2020 | | 0 Comments

The #1 Misconception in the Homebuying Process After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination...

Salt Lake County Home Prices

Salt Lake County Home Prices

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SANDY (Oct. 31, 2017) – The price of a single-family home increased to its highest point ever before, according to the Salt Lake Board of Realtors®. In the July-August-September quarter, the median price of a Salt Lake County single-family home increased to nearly $330,000, a 10 percent rise year-over-year and a 67 percent climb (nominal dollars) compared to the third quarter of 2011 when home prices bottomed at $197,000. Adjusted for inflation, home prices today are 54 percent higher than in 2011.

The top 10 most expensive Wasatch Front ZIP codes in the third quarter were:

  • The Avenues (84103) $608,000, up 22%
  • Emigration Canyon (84108) $550,000, up 16%
  • Alpine (84004) $497,000, up 5.9%
  • Draper (84020) $465,000, up 5.0%
  • Holladay (84117) $465,000, up 21%
  • Eden (84310) $460,900, up 7%
  • Holladay (84124) $456,000, up 11%
  • Sandy (84092) $449,000, up 12%
  • South Jordan (84095) $441,592, up 8%
  • Canyon Rim (84109) $428,850, up 6%

 

Sales of single-family homes in Salt Lake County fell to 3,442 units sold in the third quarter, a 9 percent drop compared to sales a year ago during the same period. Home sales were down 1 percent in Davis County, down 2 percent in Tooele County, down 4 percent in Utah County, and up 0.4 percent in Weber County.

Troy Peterson, president of the Salt Lake Board of Realtors®, said home sales likely would be higher if more housing inventory was available. “Home builders are continuing to ramp up production to meet extraordinary demand,” Peterson said. “New listings are up slightly over last year. Homes are on the market just 31 days before closing, down from 33 days last year at this time.”

The 10 hottest ZIP codes for sales of single-family homes were:

  • Clearfield (84015) 334
  • Tooele (84074) 306
  • Lehi (84043) 284
  • Farr West (84404) 279
  • Herriman (84096) 223
  • Eagle Mountain (84005) 219
  • Roy (84067) 215
  • West Jordan (84081) 190
  • South Ogden (84403) 188
  • Kearns (84118) 185

 

Condominium sales in Salt Lake County increased to 1,179 units sold in the third quarter, up 1 percent compared to 1,171 units a year ago. The medium price of a condo reached $219,000, up 10 percent compared to $200,000 in the third quarter of 2016.

About the Salt Lake Board of REALTORS®
The Salt Lake Board of Realtors® is the Wasatch Front’s voice of real estate and the No. 1 source for housing market information. Established in 1917, the Salt Lake Board of Realtors® is a leader in protecting private property rights. As Utah’s largest real estate trade association, the Salt Lake Board of Realtors® assists its members to serve the public through continuing education, advocacy and a professional code of ethics. Courtesy of Salt Lake Board of Realtors®

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