The Truth About iBuyers

/1 Comment/in /by

What is an iBuyer?

These are primarily online companies that allow you to request an offer for your home sight unseen. If you accept, the company will purchase the home, list it and then sell it to someone else. Typically the offer is lower than what you’d get from the market.

Who’s Involved?

Mostly online companies-Zillow, Redfin and Opendoor have their own iBuyer programs. Keller Williams is the brick-and-mortar brokerage to jump onboard.

Share of the Market in 2018

  • 0.2% – 25,000 iBuyer transaction
  • 5.34 million – Existing Homes Sold in 2018

What Sets Your Siven Premier Real Estate Pro Apart?
Exceptional Service and Care

  • The home selling process can be stressful. Real Estate agents absorb that stress so you don’t have to, going above and beyond to make it an enjoyable experience

Sharp Negotiation Skills

  • Your real estate pro’s sharp negotiation skills will get you a fair and competitive price on your home, giving you a little more cash to put towards your next place.

Transparency Throughout the Transaction

  • Real estate tech can’t replace the transparency that comes from working with an actual person! An agent keeps you updated and informed during every step of the selling process

If you have any questions about iBuyer or any other current real estate happenings, give us a call! We will be happy to provide some context and walk you through the latest developments.

BUY A HOME

/0 Comments/in /by

Looking to purchase a home in the Tampa Bay area or still in the decision making process? Buying a home will be one of your most significant investments in life. Not only are you choosing your humble abode, or a place to raise your family, you will likely invest a large portion of your savings into this process. As your trusted Real Estate advisor I’d help you through the following items.

  • Lead You Through the Home Buying Process. Whether you’ve bought your first home or sixth home, it’s helpful to having an expert professional who can assist you through the process and make the experience a stress-free one.
  • Help You Find Homes That Meet Your Criteria. Buying a home is a process of elimination, not a process of selection. Gloria’s experience & knowledge of the local market will help you find the right home that best fits your needs.
  • Connect you With a Reputable Financial Professional. Tap into Gloria’s network of trusted and knowledgeable lenders and mortgage brokers. We can help you obtain the financing you need to make your home buying dreams a reality.
  • Advise You on Potential Property Issues. Home inspections offer insight into potentially costly repairs. Gloria can connect you to a professional inspector, educate on important updates and help negotiate necessary repairs with sellers.
  • Negotiate a Great Deal on a Home. The home buying processes can be stressful which is why you need an expert Realtor to help you through the process, the paperwork, an

Invest in the Market

/0 Comments/in /by

 

If you are looking to invest in Tampa’s real estate market, you have picked a great time to do so! There are many communities with great investment potential to help establish your real estate portfolio and create a solid retirement plan. Bank REOs and HUD homes are just a couple of the avenues to begin your search.

Are you paying CASH for real estate? When paying cash, showing proof of funds is very important and is often a deal breaker. This can be provided in one of two ways:

  1. A Printed Bank Statement Showing the Current Balance (please blotch account number with black/magic marker), or
  2. A Letter From Your Personal Banker, CPA, or Attorney (this method may take longer)

Failure to provide the needed proof of funds with your cash offer will prevent serious consideration of your offer. Starting a deal out with undermined credibility is not an auspicious beginning. The following items will not be considered as a proof of funds.

  • Impending Lawsuit Settlement, Inheritance, or Lottery Winnings
  • A Line of Credit Pre-Approval from Another Property
  • A Promise of Proof of Funds Once Deal is Executed
  • Verbal Assurances from your Agent That You Have the Money

In today’s market the saying, “the early bird gets the worm” holds true. In most cases, a great real estate property/investment bargain is under contract in less than seven days. Having all of the resources needed to make a prompt and solid offer is key to avoid losing out on a great deal. If you are eager and ready to secure your investment, call or email me today. I look forward to discussing your investment future in Tampa’s Real Estate.