Here is the information you need to know to be charged less. While you get more.

You know longer have to pay the full 6% to a big box Realtor®. Two percent doesn't sound like much, but it adds up quickly. With Uber Realty, The max you'll ever pay to sell your home is 4%. with home prices on the rise; we believe you should never have to pay more. Last year the average we saved our sellers was $6,345.63.

Dec. 6, 2018

How Much Must A Seller Repair After A Home “Fails” An Inspection

How Much Must A Seller Repair After A Home “Fails” An Inspection

 

You’ve found the home of your dreams, made an offer and had it accepted. This is a huge and exciting milestone! But before you can pop the champagne and truly celebrate, you have to go through the escrow period and any negotiations that arise after the inspection report comes back.

 

In some cases, the inspection report will indicate some major red flags and repairs that can cause some serious, deal-killing conflict between the buyer and seller.

 

However, with a greater understanding of what the seller is truly obligated to repair, those negotiations can be made much smoother. 

 

Here is an explanation of Florida law as it pertains to home inspections.

 

General Repairs

In paragraph 9(a) of the contract, a general repair limit should be indicated. If the seller obtains estimates to make the repairs that are at or below that limit, the seller will proceed with making said repairs. However, if the estimates exceed that limit, the seller has three options:

  1. The seller can agree in writing to make all of the repairs up to that limit and compensate the buyer for any additional repairs that need to be made. For example, if the limit is $1,000 and the repair estimates are $1,500, the seller can offer to pay the buyer the additional $500.
  2. The buyer can make a written request to the buyer to indicate which repairs they want them to make in amounts up to the limit. Additional required repairs will become the buyer’s responsibility in an ”as-is” condition.
  3. If neither party send a written request or notification within the 5-day timeframe, the contract can be canceled by either party. If the contract is canceled, the buyer is entitled to receive their earnest money deposit back and both parties will be absolved of obligation to one another.

Wood Destroying Organisms (WDO’s)

A separate limit exists to address the problem of wood destroying organisms like termites. If the cost to handle the infestation and damages costs is within the limit stated on the contract, the seller will be responsible for those repairs and extermination. 

 

However, if the costs to make repairs and eliminate the infestation exceed the repair limit, you will need to provide written notice of what you want from the seller. The seller can also provide written notice of how much they are willing to contribute towards the problem. Again, if neither party provides any written notice within the 5-day period allowed by the contract, either party can cancel the contract. 

 

If you are a buyer obtaining financing to purchase the property, it is very important that you and your Realtor comply with any extra obligations required by that lender. Unfortunately, in some cases, the costs of repairs grows once the work begins which could lead the lender to deny the financing so you need to be proactive. 

Closing Out Permits

Finally, it is also crucial that all open permits on the property be closed before the owner’s title is transferred over. If the cost to close open permits or pay off any fines exceeds the limit, the seller does have the option to compensate the buyer. This is typically done in the form of a credit to the buyer at closing. Again, the standard 5-day period which can lead to cancellations of the contract exists here too.

 

Superior Service Without The Premium Pricing

Not only do you deserve to have the highest quality service from your Realtor, but you also deserve to pay a fair price for that service.

 

At Uber Realty, we will never overcharge you the sky-high commission rates of 6% that those other guys demand. In fact, on average, we save our seller $6,000 on the sale of their property! 

 

There’s no need to try and navigate the complexities of things like inspections and negotiations when you buy and sell real estate. Simply hire a Realtor that cares more about helping you achieve your goals than padding their own pockets. 

 

For more information about how we can help you save thousands when you sell your property, email info@uberrealty.com.

 

Dec. 6, 2018

Understanding Your Home Inspection

Understanding Your Home Inspection

An Essential Guide For Buyers

The escrow period of buying a home is undoubtedly one of the most exciting and nerve-inducing portions of buying a home.

 

There are tons of vendors to schedule, paperwork to organize, and deadlines to meet.

One of the most critical and most misunderstood pieces of the escrow puzzle are the home inspection.

Unfortunately, if you don’t fully understand your home inspection, it could cost you in both the long and short run.

 

Today, we’re going to break down the basics of the home inspection so you can go into every escrow as prepared as a pro.

 

Your Responsibility As A Buyer

As a buyer, it is your job to schedule a home inspector to come in and assess the home you intend to buy within the allotted inspection period indicated on your contract. If you have hired a Realtor, they will usually handle this for you. However, it is important to note that this should be done as early in the inspection period as possible because if the report indicates some shortcomings that you want the seller to fix it will need to be tackled within the inspection period.

Their Responsibility As A Seller

One of the most common misconceptions that buyers have is that the seller is required to fix everything that turns up as broken in the inspection report. In reality, the seller is not required to repair anything cosmetic. The state law defines this as, "aesthetic imperfections that do not affect the Working Condition of the item," and the contract lists several examples. Also important to note: The contract specifically states that limited roof life is not considered a defect as long as there isn't "evidence of actual leaks, leakage or structural damage."

Resolving Conflict About The Inspection Report

Once the report comes back, you as the buyer have the right to request certain repairs and replacements be made and the seller then has the right to either agree, refuse or offer their own terms. Usually, the sellers will obtain quotes on the costs of the repairs to decide on how much they are willing to fix.

 

This portion of the negotiations can often be even more intense and complex as the initial negotiations about the price and a savvy Realtor really comes in handy at this point. If the seller doesn’t trust the results of the report, they may also independently hire another inspector to perform a second inspection to compare the two reports.

Superior Service Without The Premium Pricing

Not only do you deserve to have the highest quality service from your Realtor, but you also deserve to pay a fair price for that service.

 

At Uber Realty, we will never overcharge you the sky-high commission rates of 6% that those other guys demand. In fact, on average, we save our seller $6,000 on the sale of their property!

 

There’s no need to try and navigate the complexities of things like inspections and negotiations when you buy and sell real estate. Simply hire a Realtor that cares more about helping you achieve your goals than padding their own pockets.

 

For more information about how we can help you save thousands when you sell your property, email info@uberrealty.com.

 

Nov. 27, 2018

When you sell your home.

If you were running a business, would you choose contractors that charge a higher wage even if you knew one who did superior work and charged less? Would you rather use a big company with large overhead or a company that understands the value of your money and actually cares about how much you keep when the transaction is complete?

Do different real estate brokerages attract a different buyer pool? Do buyers care what real estate company is representing the seller? Do you think a person would buy a specific home because one particular company listed it for sale? 
If you answered no to these questions, you have a great grasp of the intricacies of home selling. Home selling is a marketplace, and your home will be competing against other homes to attract a buyer. As a home seller, you are a business person, in the business of selling your home. In order to be competitive, you need to hire the real estate company that will not only help position you in the marketplace at the correct price but also help reduce your cost to sell. That is just good business. 
You bought your Niceville home and you invested your time and money in it. You should be the one who profits from your investment as much as possible.

Don't let a real estate agent convince you that you have to pay a higher commission to sell your Niceville home quickly- or for more money. At Uber Realty we've sold hundreds of homes for 4%. 

 

We Charge Less. You Get More.

 

Call Jim, Broker/Owner of Uber Realty to sell your Niceville home. I offer the most competitive commission structure in the Niceville Real Estate Market. To get started, click here to find out what your property is worth, or call 850.499.2940.

 

 

 

Not ready to sell or buy just yet? Subscribe to the Uber Realty Newsletter to keep receiving exclusive content that will help you sell or buy when you’re ready!

Nov. 19, 2018

"I can see clearly now the rain is gone... It's gonna be a bright, bright sunshiny day."

"I can see clearly now the rain is gone... It's gonna be a bright, bright sunshiny day."
My mom had a cassette player in her car when I was a kid. I think she only had one tape because it seemed to me that we listened to Johnny Nash singing that song in particular, over and over. 

Selling your Niceville home has a lot to do with what you see and what you don't see. When I come over to your home I see things differently than a homebuyer does. I envision how your home is going to photograph, what issues might come up with inspections, and how it compares to another home in that price range- particularly the ones that are selling.

Because of this, you, the home seller and I, the real estate agent/broker, need to become friends so we can have an open, honest discussion about what some issues might be and about how the whole process works. So first I will listen to your desires and concerns. Then I will ask you what you want to do and by when you need to do it. Invite me over to talk- I'll bring cookies. Together we will remove home-selling obstacles and see clearly to a "bright, sunshiny" home sale.

Don't let a real estate agent convince you that you have to pay a higher commission to sell your Niceville home quickly- or for more money. At Uber Realty we've sold hundreds of homes for 4%. 

 

We Charge Less. You Get More.

 

Call Jim, Broker/Owner of Uber Realty to sell your Niceville home. I offer the most competitive commission structure in the       Niceville Real Estate Market. To get started, click here to find out what your property is worth, or call 850.499.2940.

 

 

Not ready to sell or buy just yet? Subscribe to the Uber Realty Newsletter to keep receiving exclusive content that will help you sell or buy when you’re ready!

Nov. 16, 2018

Does your Shalimar Home description on the MLS sound like a Tinder Bio?

Does your Shalimar Home description on the MLS sound like a Tinder Bio?

Maybe it should. You've grabbed buyers' attention with great pictures of your gorgeous kitchen, spacious master bedroom, the ensuite to die for, and your large rear-addition. 
It's important for your home to have an attractive personality also. Looks will get them in the door, but we want them to be infatuated with your house above all others. You need to relay all of the reasons why you desired your Shalimar home when you purchased it so that they will make a love connection with your home- the way you did. 
Home selling is an emotional business so you have to invoke emotions in buyers. There are very few people who aren't practical and will spend $300,000 on just any old house. We need to make them passionate about the purchase of your home. Let's tell buyers all the special details about your home that makes it that one-of-a-kind, inviting, captivating residence they will fall crazy in love with.

Don't let a real estate agent convince you that you have to pay a higher commission to sell your Shalimar home quickly- and for more money. At Uber Realty we sell hundreds of homes for 4%- We Charge Less, and You Get More.

 

Call Jim, Broker/Owner of Uber Realty to sell your Shalimar home. I offer the most competitive commission structure in the Shalimar Real Estate Market. To get started, click here to find out what your property is worth or call 850.499.2940.

 

Not ready to sell or buy just yet? Subscribe to the Uber Realty Newsletter to keep receiving exclusive content that will help you sell or buy when you’re ready!

 
Nov. 15, 2018

A new study says that men who have full beards are more attractive than men who are clean-shaven. How does this apply to homes in Niceville?

A new study says that men who have full beards are more attractive than men who are clean-shaven. How does this apply to homes in Niceville?

 

My guess is that landscaping in a front yard is similar to a neat, trimmed beard on a man's face. It looks meticulous and tidy as though the owner looks after and cares for the entire package- the person as well as the property. A well-manicured yard can make a difference when a home-buyer looks at your Niceville home. Make a great first impression by trimming the bushes, mowing the lawn, and edging the walk and driveway. 

 

A well-kept yard frames the features of a house, in the same way, a well-groomed beard frames the face of a man.

 

Don't let a real estate agent convince you that you have to pay a higher commission to sell your Niceville home quickly- and for more money. At Uber Realty we sell hundreds of homes for 4%- We Charge Less, and You Get More.

 

Call Jim, Broker/Owner of Uber Realty to sell your Niceville home. I offer the most competitive commission structure in the Niceville Real Estate Market. To get started, click here to find out what your property is worth or call 850.499.2940.

 

Not ready to sell or buy just yet? Subscribe to the Uber Realty Newsletter to keep receiving exclusive content that will help you sell or buy when you’re ready!

 

Nov. 14, 2018

Who will be the most successful home sellers in Bluewater Bay?

Who will be the most successful home sellers in Bluewater Bay?

The home sellers that have the right mindset. You might ask, what does that mean? It means they're serious and prepare their home like they're in the business of selling it.
They prepare the house like a good merchant puts their products on the shelf. If you got to a grocery store and look at how the fruits and vegetables are displayed, the better they are displayed the more they cost. If you buy a Fuji apple from Walmart as opposed to Whole Foods, how different do you think the apple will be? For argument's sake, let's just say it's the same exact apple. Whole Foods will charge more and get what they ask because they display it like it's worth what they're charging. They will get a higher return because they stage their product better. 
Prepare your Bluewater Bay home as if you're going to sell it in Whole Foods.

Don't let a real estate agent convince you that you have to pay a higher commission to sell your Bluewater Bay home quickly- and for more money. At Uber Realty we sell hundreds of homes for 4%- We Charge Less, and You Get More.

 

Call Jim, Broker/Owner of Uber Realty to sell your Bluewater Bay home. I offer the most competitive commission structure in the Bluewater Bay Real Estate Market. To get started, click here to find out what your property is worth or call 850.499.2940.

 

Not ready to sell or buy just yet? Subscribe to the Uber Realty Newsletter to keep receiving exclusive content that will help you sell or buy when you’re ready!

 
Nov. 12, 2018

When selling your Niceville home, if you could possibly cut out a step in the process, what can you gain and what can you lose?

When selling your Niceville home, if you could cut out a step in the process, what can you gain and what can you lose?

If you cut out a step, you can lose a lot. When buying a home, a lot of people think that a home inspector is a waste of time and money. Say you hire a home inspector who is one of the best in the business and he/she does an exhaustive inspection and finds nothing wrong? Would you feel you've wasted your money? I would be happy that it was confirmed that I was purchasing a home that is not in need of immediate repairs or worse: that there was lurking a hidden expensive and disastrous catastrophe. 
 
Also, the inspection report will advise you about the things that might need attention later on. How old are and in what condition are the appliances? The roof? The plumbing? The electrical?
 
Houses need constant maintenance. They do not heal themselves if they are sick or broken-down.
It's important to consider a home warranty to cover the unexpected or even some expected repairs.

Don't let a real estate agent convince you that you have to pay a higher commission to sell your Niceville home quickly- and for more money. At Uber Realty we sell hundred's of homes for 4%-  

 

We Charge Less, and You Get More.

 

Call Jim, Broker/Owner of Uber Realty to sell your Niceville home. 

Not only do I have the resources mentioned, but I also offer the most competitive commission structure in the Niceville Real Estate Market. To get started, click here to find out what your property is worth or call 850.499.2940.

 

Not ready to sell or buy just yet? Subscribe to the Uber Realty Newsletter to keep receiving exclusive content that will help you sell or buy when you’re ready!

Nov. 9, 2018

Who are you negotiating with when you are selling your Waterfront home in Fort Walton Beach?

Sometimes you end up negotiating with yourself. You may need to decide what you're going to do to improve and/or update your home.
How will you make this decision? Everyone says you to need to do this thing and/or that thing. You must stage your home one HGTV celebrity host tells you, another tells you to remodel to add value. You do need to come up with a plan. You need to weigh the pros and cost of each thing you think you need to do.
Staging can add appeal but will not make up for overpricing your home. 
You can over-improve your home for your neighborhood. 
The reason you hire a realtor is having someone who has their finger on the pulse of what is happening in the market at any time. 
The Real Estate market for waterfront homes is driven by demand. Prices rise faster in a good economy and sometimes at a higher rate than a median-priced home. When the market shifts it can happen quickly, and if you don't know it, you can be caught not understanding what in the world just happened.

Don't let a real estate agent convince you that you have to pay a higher commission to sell your Fort Walton Beach home quickly- and for more money. At Uber Realty we sell hundred's of homes for 4%- We Charge Less, and You Get More.

 

Call Jim Broker/Owner of Uber Realty to sell your Fort Walton Beach waterfront home- Not only do I have the resources mentioned, but I also offer the most competitive commission structure in the Fort Walton Beach Waterfront Real Estate Market. 

 

To get started, click here to find out what your property is worth or call 850.499.2940.

 

Not ready to sell or buy just yet? Subscribe to the Uber Realty newsletter to keep receiving exclusive content that will help you sell or buy when you’re ready!

Nov. 8, 2018

If a home doesn’t sell in Shalimar, does anyone care?

If a home doesn’t sell in Shalimar, does anyone care?

 

I read a study that stated, the smarter you are, the better you are at filtering out the things you don't believe when you are presented with contrary information. I get that.

 

We all hear what we want to hear. We look at Zillow and see a value that makes us believe that we can reap great rewards on our own home, even when comparable homes are selling for less in the same neighborhood. Please listen to this: the three significant factors in selling your home are Location, Condition, and Price.  

 

Most people won't give you a dime for a nickel. (Well, maybe your grandmother will). Some real estate agents will allow you to believe that the price you have decided is the correct value of your home. I had a homeowner ask me to do a valuation on his house and as soon as I sent him the estimate he ghosted me. He hired another big-box agent who let him set the price at $50,000 more than I had suggested. That home has still not sold and is at 184 days on the market as of the day I’m writing this. The listing expired with no sale.

 

Do I get all the listings from the appointments I go on? No, nobody does. Do I offer the best value to sell your home, yes? What does that mean? The market sets the value of your home. What is the market? It is: homes that have recently sold, are under contract, and actively listed for sale.  

 

The sold homes help you determine what the market will bear on pricing. You then decide how fast homes are going under contract (demand). Then you look at the supply. If you have three sales per month and 18 homes for sale, you have a six month supply of homes. That is usually called a balanced market. Under six months is considered a seller's market. Over six months is a buyer's market. The exception to this is, if a house is so overpriced it will languish on the market, and new homes come on the market that are sold in it's place.

 

 

The housing market is a Honey Badger- “It doesn’t care.”