Videos by Brooklynn Paolucci in Barrie. REVEL Realty Inc., Brokerage @revelbarrie Buy β’ Sell β’ Invest
Welcome to 148 Queen Street W! Let me show you around ... π
.
.
.
𧑠Contact me for more info or to book a showing!
π§ [email protected]
π± (705) 817-2440
.
.
.
πΈ: @cameronstamperphotography
Welcome to 148 Queen Street W! Let me show you around ... π . . . 𧑠Contact me for more info or to book a showing! π§ [email protected] π± (705) 817-2440 . . . πΈ: @cameronstamperphotography
#tiptuesday π‘ Tip #5: Why Your Deposit Amount Is Important In Your Offer! So, as you may or may not know, there are a couple of important pieces to an offer that a seller looks for which can make it more or less competitive against others (especially in this market) - your deposit amount is one of them. Deposits are like giving money upfront to purchase a puppy, for example. The more you give upfront, the more serious you are about buying the puppy and if you back out last minute, you lose that deposit. This concept is similar when making an offer on a home, but on a more serious scale, as deposits represent a couple of things: 1. It's a sign of good faith 2. It shows how serious you are about purchasing the home 3. It shows how much liquid cash you have on hand 4. It shows how much you're willing to lose if you walk away from a firm deal So if you're looking to get into the market or looking to make a move, make sure you're setting aside a decent amount of money for your deposit when you're ready to make an offer. Reach out to me today to discuss what a competitive deposit amount looks like! . . . π§ [email protected] π± (705) 817-2440 #Revel #RevelRealty #RevelBarrie #TipTuesday #Deposits #DepositAmount #CompetitveOffer #Analogy #LiquidCash #Offer #MoneyUpFront #Buyer #Seller #HomePurchase #Barrie #RealEstate #BarrieRealtor #RealEstateAgent #Realtor #Home #SimcoeRealEstate #SimcoeCounty #investor
#tiptuesday π‘ Tip #4: Know The Difference Between Firm vs. Conditional Offers! A lot of times people often get confused or don't really understand the verbiage that is used in the Real Estate World - Firm & Conditional offers are definitely some of them! So to help explain these two terms, I use Poker as an analogy to get your mind wrapped around these concepts. FIRM OFFERS - are similar to when a poker player goes "all in". You're essentially letting a seller know, I will give you "x" amount of money, closing date, deposit, etc without any conditions. It's like a take-it-or-leave-it scenario but essentially there are no strings attached. CONDITIONAL OFFERS - are similar to when a poker player "checks" the next card before making a decision on whether they want to bet or fold. The concept is similar in a way where you're letting the seller know, I will give you "x" amount of money, closing date, deposit, etc BUT, I want to make sure I can get financing for your home and that your home is in good shape before going through with this deal. Both of these types come with their own risks and benefits, so reach out to me today to discuss how they can affect the competitiveness of your offer (especially in today's market)! . . . π§ [email protected] π± (705) 817-2440
#tiptuesday π‘ Tip #3: Be Realistic With Your List Price! No matter the market, overpricing your home can lead to negative consequences. It is really important to understand what is going on in the market around your home and identifying where your home stands compared to others. As realtors, we study the market everyday, watching trends and movement all while identifying the next best strategy to get you the most amount of money. It can be difficult to do so if your home is overpriced. When buyers are working with other agents, they are being educated on what is selling in the area. No buyer starts their search wanting to overpay for a property when they can get a better bang for their buck elsewhere. Therefore, if you're not realistic with your list price it can lead to the following: - Few Showings - Low Ball Offers - Higher Than Average Days on Market - Unmatched Expectations - Wasted Time For: Yourself, Your Agent, The Buyer & The Buyer's Agent If you're thinking about making a move in the New Year and are unsure of your current market value, reach out to me today to discuss what your home is worth in today's market, and develop a game plan to get you the most amount of money! . . . π§ [email protected] π± (705) 817-2440
#tiptuesdayπ‘ Tip #2: You Don't Need To Be A First Time Home Buyer To Put 5% Down! So after becoming a First Time Home Buyer, eventually you're going to become a First Time Home Seller! But with selling, comes buying, AGAIN. But this time, you're not a First Time Home Buyer anymore, so does that mean you have to put more than 5% down for your next purchase? The answer is NO! When buying your second home, you actually have two options, both resulting in only having to put a minimum of 5% for your down payment. Option 1: Sell current home, buy your next one with 5% down Option 2: Keep current home, rent it out, and buy your next one with 5% down β¨ KEY POINT: Your next home must be your primary residence in order to be able to put the 5% down. Reach out to me today to learn more about this - I'd be more than happy to discuss your future goals as a homeowner, starting an investment portfolio and connecting you with an amazing mortgage agent to get the ball rolling! . . . π§ [email protected] π± (705) 817-2440
#TipTuesday π‘ Tip #1: Know How Much To Save For Your First Home Purchase! Are you a First Time Home Buyer or someone thinking about eventually buying your first home? Not sure where to start or how much you should be saving? Well! My tip for you is to keep 5% top of mind. As a first time buyer, you are required to put a MINIMUM of 5% of the purchase price down for your down payment. So if you bought a home at $500,000 you need to save a minimum of $25,000 (5%). However, there are additional funds you need to consider on top of this amount when buying your first home. Reach out to me today to discuss how we can figure out your purchase price, what other fees you need to consider, and what to expect when buying your first home! . . . π§ [email protected] π± (705) 817-2440
REVEL. ROOKIE. CAMP. π₯ π Are you someone thinking about starting a career in real estate? π Are you currently taking your courses to obtain your real estate license? π Or, are you an agent thinking about making a brokerage change? π― SIGN UP FOR REVEL'S ROOKIE CAMP - LINK IN BIO TO REGISTER! β‘οΈWho: Hosted by Revel's Top Performing Agents β‘οΈWhat: An opportunity to understand what it's like to have a career in real estate, how to obtain your license, how to become a top performing agent and information about Revel Realty! β‘οΈWhere: Online (from the comfort of your home) β‘οΈWhen: Thursday, November 18th from 6-7:30pm β‘οΈCost: FREE Check out the link in my bio to register! β¬ See you there π
π· WINE WEDNESDAY WALK-THROUGHS π244 Wessenger Drive, Barrie π₯ Watch us take you through @stephanielyn78 upcoming listing before it hits the market! . . . 𧑠Contact myself, Danni Migueis or Stephanie McRae for more info or to book a showing! π§ [email protected] | [email protected] | [email protected] π± (705) 817-2440 | (705) 241 9872 | (705) 718-8676