Legendary Real Estate - a Boutique Firm
Sandi Maki
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Legendary Real Estate – a Boutique Firm
Sandi Maki - Real Estate Broker, Michigan

Category: Sandi Maki – Buyer’s Agent

Vintage – Frozen in Time Farmhouse

Visited some investment properties in need of rehab yesterday – wrote an offer on one – we’ll see if it happens! In the meantime, check out what a piece of history looks like! (You’d be amazed at how much time stands still in some of these homes)…

Vintage Farm House (1) Vintage Farm House (1) Vintage Farm House (1)

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How To: Selling Your House With or Without a Realtor

Sandi MakiSelling a home is a complicated process. Even if the housing market is on the way up, there are many questions buyers frequently have:

Do I need a Realtor(R)?

How much paperwork am I going to have to fill out?

What does “closing” mean?

How do I know I’m getting the best price for my home?

How am I suppose to sell my house and buy a new one at the same time?

Through this article we will discuss the first question in detail: do I really need a Realtor(R)? Hopefully by the end you will gain the knowledge you need to make a good decision! Before we dig in, let’s discuss some of the basics.

Knowing the value of your home is essential. Getting your home appraised is the first step. After that you may want to consider a home inspection to avoid complications during your sale. If your inspection uncovers problems, you need to familiarize yourself with your state’s disclosure laws to avoid future issues. Generally you have to disclose the presence of any hazardous materials in the house or any significant issues with construction. Do your homework and make sure  you are following all disclosure laws.

Another basic factor to consider when selling your home is whether or not you’re in the market to purchase a new home. It’s not ideal to have your home on the market for a long period of time but you want it on long enough so you have time to sell before you purchase a new home. It’s not fun to be paying on two mortgages at once. If you do end up finding a home you can’t wait to buy before your current home sells, you can ask for a bridge loan. This is a special type of loan that allows you to pay the down payment on a new home if you have enough equity in your current home. Talk to your lender for more details. Now it’s time to dig further into the first frequently asked question:

Do I need a Realtor(R)? The short answer is, probably. Although many people find success with selling their home via the internet, almost 95% of homes today still sell with a Realtor(R). There are many factors why hiring a real estate agent can be very helpful. Let’s talk about them.

  1. It saves YOU time and energy. Let the Realtor(R) deal with the paperwork and the phone calls. These will only cut into your work hours and your weekends.
  2. They have the experience. A good Realtor(R) will understand the process inside and out.
  3. Screening offers. Your Realtor(R) can help you decide which offers, if serious, to consider.
  4. Knowing the market. The “market” is a loose term basically meaning what houses are selling for now-a-days. Your Realtor(R) will understand housing trends and help you get the most profit.
  5. Contacts. Your agent should have professional contacts with other Realtors(R), inspectors, and contractors that can most likely aid with any issue that may come about.
  6. Selling price. Sometimes buyers will offer less money to a seller who is not using an agent because they assume they are not paying commission, therefore can afford to go down in price.

A useful tool for real estate agents is the Multiple Listing Service, or the MLS. It’s an online database that agents can subscribe to and find almost all properties for sale across the country. Buyers can also access this database at realtor.com; however, they usually cannot list their home online through the site.

Now that we’ve considered the pros of having a Realtor(R), let’s discuss the cons. The most common reason people choose to not use an agent is the cost. Commissions for having a Realtor(R) will typically come out of the sellers proceeds at closing.

Another hesitation to hiring a Realtor(R) is allowing yourself to trust someone with something so valuable. Working closely with an agent requires a great deal of trust and communication.

If you do decide to go with a Realtor(R), you still have options. You can chose a full-service agent or a discount-service agent. A full-service agent literally does it all. They help you prepare your home, run open houses, use the MLS database, even hires professional photographers to take pictures of your home. The latter, a discount-service agent, definitely provides less. The exact services depend on the company itself. Remember, you always get what you pay for so before determining which type of Realtor(R) to choose, decide how much work you’re willing to put in without the help of a professional.

Don’t forget, when choosing a Realtor(R)– interview them and  get to know them. This is a choice that you shouldn’t take lightly  – make sure you are comfortable with who you choose to help you through such a large transaction, and that can help you with the results you and your family need.

 

 

FAQ’s of Buying and Selling your Home

JackieJustinLegendaryRealEstateHire an agent that will work in your Certain Way.

Our Certain Way includes strong communication, positive energy, and a great relationship before, during, and after we buy or sell your home.

My customers and clients (who become my friends) all know they are important. You can always get our team via phone, text, and email, just about 24 hours a day.

Sellers: We love you!~

We will help you price your home right.

We will pre-qualify buyers so you know they have the funds to purchase.

We will communicate with you, as often as we can with results of showings, and what is happening in the process of selling your home.

We will put your home all over the internet, and social media, to introduce it to the right people…

We will handle offers – presenting them to you and discussing the details.

We will help you decide what to do with each offer, and questions as they arise.

Buyers: We love you!~

We will help:

Get you information and answers about homes available to purchase.

Help you search for the perfect home that matches your criteria.

Help you work with the right lender for you, to pre-qualify you for a mortgage and talk through how the deal will work.

Schedule and show properties to you, so you can decide as soon as you are ready to buy.

If you are a buyer or seller, and are open to a new friend, before, during and after your sale or purchase, please let us know!

 

First Time Buyers?

I got this terrific question today…Sandi Square Buyers 2

Hey Sandi! I was wondering if you also help people buy homes? We are currently looking to buy, but really have no idea what direction or where to start. I thought I’d give it a shot and see if that’s something you do as well, or if you are able to point in the right direction?
Thank you!

Answer:

Why yes, I can also help people buy… and would love to help you!

The first step is to find a lender to work with to pre-qualify you for a loan and establish the budget. Do you have a relationship with a bank or credit union, or would you like some suggestions? I know someone who works over at Ross Mortgage and that could be a nice place to start.

Danielle Boote/Ross Mortgage

Since you are first time buyers there should be some cool programs available. If we need to we can also look at other creative options like a land contract (higher down payment but an option in some cases where getting a mortgage isn’t possible) and things like that.

The next thing once we know budget (and how much money you’ll have to put down, or what considerations we’ll need to make a deal work and the loan go through) we’ll want to look for what you want in a property. So these are the next questions you should get together answers on:

Budget:

Areas – Cities:

Looking for in town, or out in the country:

Style of house?

Number of bedrooms/bathrooms?

Do you need a garage/outdoor storage?

Do you want a house or a condo?

Anything else that is of interest to you? We will want to rough out the must have’s and then the would be nice to have’s so we can start looking.

Also, download my real estate app to your phones and you can have up to the minute live searching capabilities too!

This is awesome! Congrats!Sandi Square App

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Reviews

5chirosmithaa

Sandi at Legendary Real Estate handled our home purchase in Flint Township this past summer. We had a bit of a difficult seller to deal with, but Sandi and her team handled negotiations and some snags with skill and expertise. In the end, the closing went... (more)

5user14688863

Before contacting Sandi, I was completely overwhelmed as a first time homebuyer. I didn't even know where to begin! I contacted Sandi in hopes that she would be able to help us with the home buying process, and match us with the perfect home for me and my... (more)

5mallencurtis

Sandi went above and beyond on my first home purchase. While there were times that the other parties involved in the transaction were dragging their feet a bit, she always let me know what was going on and kept me up to date about what the next step in the... (more)

Review Sandi Maki on Zillow.com