November 27, 2018
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How 3D Home Tours Benefit Buyers and Sellers

By | Real Estate Knowledge


With the help of 3D virtual tours, buyers can now see what the inside of a listing is like without ever leaving their couch.

Buying a home? Click here to search all homes for sale.
Selling your home? Click here to learn more about our home selling system.

Leveraging the latest marketing tools is essential for buyers, sellers, and agents alike in today’s market. And, right now, one of the hottest pieces of marketing technology available is the Matterport 3D tour.

Unlike a traditional video tour, 3D tours allow buyers to digitally “walk” through a property much like you would when using Google Earth. This is greatly beneficial for out-of-town buyers who may have limited opportunities to view the listing in person. You can check out a real example of one of Matterports high-definition 3D tours in today’s video.

“These tours help sellers stand out, while helping buyers get a feel for a listing without ever leaving their couch.”

These virtual tours are the next best thing to actually being in a home—they help sellers stand out, while helping buyers get a feel for a listing without ever leaving their couch.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

July 31, 2018
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3 Listing Statuses You See Online, Explained

By | Real Estate Knowledge

There are three terms buyers often ask me about when it comes to the way listings are marked online, and today I would like to explain each.

Buying a home? Click here to search all homes for sale.
Selling your home? Click here to learn more about our home selling system.

What is the difference between a property marked as “contingent,” a property marked as “accepting backups,” and a property marked as “pending?”

If you’ve been shopping around for homes online, you may have encountered these terms, but probably don’t quite understand what they mean. Allow me to explain.

1. Contingent. When a listing is marked this way, it means that the home is under contract but that certain provisions of the deal have not been met yet. In other words, the current contract stipulates that specific conditions must be met in order for the deal to close. Inspection contingencies, financing contingencies, or home sale contingencies are the most common examples you will encounter.

“A backup offer allows buyers the chance to essentially place themselves next in line for a home in case the first buyer’s deal falls through. “

2. Accepting backups. Listings marked like this are under contract, but are still accepting backup offers. A backup offer allows buyers the chance to essentially place themselves next in line for a home in case the first buyer’s deal falls through.

3. Pending. Listings that are pending have already gone through the inspection and financing period, and there are no contingencies left to be met.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

May 2, 2018
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Garrett Bell

The Difference Between As-Is and Standard Contracts

By | Blog, Real Estate Knowledge


Our team uses as-is contracts as opposed to the standard contract. Here are a few reasons why.

Buying a home? Click here to search all homes for sale.
Selling your home? Click here to learn more about our home selling system.

During the process of a home purchase, a buyer is going to be allowed to inspect the home. With an as-is contract, the seller is not obligated to make any repairs to the property. However, the buyer is not required to move forward with the purchase if they don’t. The buyer can request credits, repairs, or a reduction in purchase price, which the seller can decline or accept.

The standard residential contract, on the other hand, works a little differently. The seller is obligated to make repairs to the property, whether they are general repairs, termite repairs, or repairs associated with closing out any open permits. This is usually negotiated based on a dollar amount.

“Repair costs can vary greatly.”

In my experience, we use the as-is contract 99% of the time. Here are a few reasons why:

1. The repairs and inspections can be subjective. You may have one inspector give an opinion about something that’s wrong with the house, and another inspector could come out, look at the same thing, and think that there is no issue. This goes for tradesmen as well.

2. Repair costs. There may be a discrepancy between the buyer and seller on how much a repair should cost. One repair company could give you one quote for $1,000, and another could come back with a quote for $3,000 for the same repair. Because of the confusion caused by this, we like using the as-is contract.

Hiring an experienced agent who can guide you through this type of situation is so important. If you have any questions for me about this topic or what I can do to help you if you’re thinking of buying or selling a home in Brevard County, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.