Tony Proto, Richmond, Virginia Realtor

The Number One Mistake Sellers Are Making: Overpricing Their House

The Number One Mistake Sellers Are Making: Overpricing Their House In today's housing market, many sellers are making a critical mistake: overpricing their houses.

Want to know the top mistakes sellers are making today? It’s overpricing their house.

A price that’s too high is going to cost you. It turns buyers away and may mean you need a price drop to re-ignite interest in the home.

To make sure you don’t end up making this mistake, DM me, and let’s price it right from the start.

How To Choose a Great Local Real Estate Agent

How To Choose a Great Local Real Estate Agent Selecting the right real estate agent can make a world of difference when buying or selling a home.

Not all agents are the same. When you’re making a move, you want to be sure you have a great agent by your side.

Here are a few tips on what to look for. You want someone with a strong reputation, in-depth knowledge of the local and national market, and good communication skills and availability.

I’d love to have a conversation to see if we’d be a good fit to work together.

How Mortgage Rate Changes Impact Your Homebuying Power

How Mortgage Rate Changes Impact Your Homebuying Power If you’re thinking about buying or selling a home, you’ve probably got mortgage rates on your mind.

Thinking about buying a home? It’s important to know how mortgage rates can affect your monthly payment. Because even a slight change in rates can have a big impact.

Overall, rates have been trending down lately. So, this could be your chance to make your move a reality. Send me a message today if you want to talk about starting your search.

If you’re thinking about buying a home, there are 3 reasons you may want to make your move this fall.

1) Inventory is growing, giving you more options
2) Newly built homes may be more budget-friendly than you’d expect
3) Mortgage rates have come down from their peak last October

Want to talk about what this means for your move? DM me.

3 Reasons To Move in Today’s Shifting Market

3 Reasons To Move in Today’s Shifting Market The housing market is in a transition. And that gives you 3 key opportunities going into the fall.

Did you know? You don’t always need a perfect credit score to buy a home.
Loan types and qualifications vary, so you may be closer to owning a home than you think.
If you want to explore options that might work for you, reach out to a trusted lender.

What Credit Score Do You Really Need To Buy a House?

What Credit Score Do You Really Need To Buy a House? When you're thinking about buying a home, your credit score is one of the biggest pieces of the puzzle.

The Great Wealth Transfer: A New Era of Opportunity

The Great Wealth Transfer: A New Era of Opportunity In recent years, there’s been a significant shift in how wealth is distributed among generations.

Have you heard of the Great Wealth Transfer?

Over the next 20 years, roughly $84 trillion is expected to change hands from Baby Boomers to Gen X and Millennials.

And as it’s passed down, it’ll impact the housing market because it should help younger generations be in a better position to afford homes.

Is Affordability Starting To Improve?

Is Affordability Starting To Improve? Over the past couple of years, a lot of people have had a hard time buying a home.

Affordability has been a challenge for a while now.
There are three main factors that impact it: mortgage rates, home prices, and wages.
Here’s the good news. There are early signs that all three are starting to improve. Mortgage rates are coming down, home price growth is moderating, and wages are going up.
If you’re thinking about kicking off your search, DM me.

Are There More Homes for Sale Where You Live?

Are There More Homes for Sale Where You Live? One of the biggest bright spots in today’s housing market is how much the supply of homes for sale has grown since the beginning of this year.

Good news for all the buyers out there.

The supply of homes for sale has grown significantly this year. There are 36.6% more homes actively for sale compared to 2023. This means more options for you.

But this doesn’t mean we have an oversupply. Inventory is still almost 29% lower compared to more normal years like 2017-2019.

Getting ready to sell your house? Here’s the scoop on home inspections and how to prep for them.

As more homes hit the market, buyers are regaining some negotiating power. That means it might be a good idea to tackle some key repairs before listing.

But how do you know which ones are worth it?

Expert advice is key. Let's chat so you know what to prioritize.

Home Inspections For Sellers: How To Prepare

Home Inspections For Sellers: How To Prepare If you’re thinking about selling your house, it’s important to know what the home inspection is and what inspectors look for.

Thinking about selling, but not sure where you’ll go?

The good news is the supply of newly built and existing homes for sale has grown this year. That gives you more options – each with their own perks.

So, which will you choose? A charming existing home or a shiny new build?

Let me know which features you’re looking for in your next home. Drop your answer below.

Where Will You Go After You Sell?

Where Will You Go After You Sell? If you’re planning to sell your house and move, you probably know there’s been a shortage of options available.

Mortgage Rates Down a Full Percent from Recent High

Mortgage Rates Down a Full Percent from Recent High Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability.

Have you heard the good news?

Mortgage rates are down a full percent from their recent peak.

And if higher rates were the biggest thing keeping you on the sidelines, this may be exactly what you were waiting for.

If you’re ready to jump back into the market, DM me.

Helpful Negotiation Tactics for Today’s Housing Market

Helpful Negotiation Tactics for Today’s Housing Market If you haven’t already heard, homebuyers are regaining some negotiating power in today’s market.

Homebuyers are getting a bit more negotiating power these days.

And if you're buying or selling, it’s helpful to know what’s up for negotiation so you go in prepared.

From prices and repairs to closing costs and appliances, there are various levers you can pull during the deal.

If you want someone to help navigate these conversations and advocate for you, DM me.

What Every Homeowner Should Know About Their Equity

What Every Homeowner Should Know About Their Equity Curious about selling your home?

Right now, over 2/3 of homeowners have at least 50% equity in their homes.

And that much equity can go a long way toward buying a new place.

Curious about how much equity you have? I can walk you through a Professional Equity Assessment Report on your house. Drop a comment below if you’re interested.

Wondering if a housing market crash is on the horizon? Think again.

Unlike 2008's oversupply issue, today we're facing an undersupply of homes.

From existing homes to new builds and even foreclosures, all inventory levels are significantly lower than during the last housing crisis.

The numbers are clear—today's inventory conditions are simply not the same.

3 Reasons Why We’re Not Headed for a Housing Crash

3 Reasons Why We’re Not Headed for a Housing Crash Back in 2008, there was an oversupply of homes for sale.