Margaret Rome's Blog

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Why People Buy And Sell?

People are at different stages of buying and selling.

And it can be confusing and stressful...just like the picture above.

 

Timing is everything.

Here are a half-dozen examples of buyers and sellers in my market right now.

 

1-  Selling a home and moving to a condo. They know where they want to live and the condo market for 2 and 3 bedrooms is very tight. There is still a mortgage on their home and there is no choice. The house must be sold prior to purchasing. But they are afraid to put the home on the market, have it sell and no place to move.

 

 

2- Selling condo moving out of state. Owes more than unit will appraise for. Does not need to buy but cannot sell if money is needed to come to closing.

 

 

3-Home to sell with plenty of equity. Does not want two moves. This is an ideal situation. Go find the right home, settle, move in. Take everything from the first house that is needed for the new place. Sell the first house clean and staged and ready to show at any time. Stress is greatly reduced.

 

 

4-Own two homes. One is paid for but the other is mortgaged against the other. They want to sell to have disposable income for traveling and retirement. This one is also not a lot of stress.

 

 

5-Buyers are qualified, no home to sell, flexible, can move immediately or give the sellers time to find a new home. In their price range... there is little inventory.

 

 

 

6- Want to sell, ' rightsize ' to an accessible home. Same catch 22 they do not want two moves. If they find the perfect home...they cannot move without proceeds from present home.

 

 

6-Job transfer, relocating with time restraints. The hiring company will help, buy their old home in order to get them working sooner. This buyer needs to find a home in a very short amount of time.

 

 

 

Buying or selling?

Are you rushed or can you wait for a few months if you know you have qualified buyers?

Maybe you can even get a better price by taking the pressure off the buyer. Maybe your house meets the exact needs of a specific buyer.

What are your buying and selling needs?

 

There are buyers out there.

There are sellers out there.

Find what they need and then go move some properties.

 

Thinking of buying or selling a home

Call Margaret Rome

 

 Margaret Rome 410-530-2400

 

 

 

 

 

 

 

 Search All Active Listings

 

Sell Your Home With Margaret Rome

Broker-Owner HomeRome Realty 

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Author of Real Estate the Rome Way

mrome@HomeRome.com

410.530.2400

 

 
Comment balloon 4 commentsMargaret Rome, Baltimore Maryland • September 30 2018 02:55PM

Comments

Good evening Margaret Rome, Baltimore Maryland,

And you are the perfect one to listen to their needs and help them through the process no matter whether they are selling, buying or both!

Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.750.6899) 9 months ago

Dorie Dillard CRS GRI ABR There is a lot of information needed and  listening is crucial. 

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 9 months ago

Hi Margaret,
Life is full of transitions for all of us, isn't it.   It's the matchmaker in us that makes it all work.

Posted by Carol Williams, Retired Agent / Broker / Property Manager (Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals.) 9 months ago

Carol Williams Yes I think much of our job is in matchmaking and making dreams come true. It is not all about bricks and sticks.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 9 months ago

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