Reasons Why You Should Not For Sale By Owner

For sale by owner can be very difficult. This article explains how working with an agent is the best way to get your home sold quickly and for the price you want. 

Contact me today for a free evaluation of your home - trentshipley@kw.com.

NOW Is The Time To Buy

BUY A HOME NOW WHILE YOU STILL HAVE POSITIVE EQUITY!

RIGHT NOW in Minnesota, 94% of homes with mortgages have positive equity. This means that nearly 14 out of 15 homeowners with a mortgage could use the equity in their current home to purchase a new home NOW. Don't wait for this opportunity to pass by.

If you are one of the many homeowners who is unsure of how much equity you have in your home and are curious about your ability to move, meet with Trent Shipley with Keller Williams Integrity NW or our preferred loan officer Maria Jondahl with Marketplace Home Mortgage.

26 Oak Avenue S, Maple Lake, MN

26 Oak Avenue S, Maple Lake, MN

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3 BEDROOMS | 1 (1 full ) BATHROOMS | 1142 SQUARE FEET

Check out this charmer. Awesome rental opportunity. Spacious kitchen, private backyard, newer decks front and back for entertaining. Private backyard.

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Presented By:

Trent Shipley

Realtor
Keller Williams Realty Integrity Northwest
612-310-4770
Licensed In: MN

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5 Things You Need to Know about Selling Your Home This Spring

5 Things You Need to Know about Selling Your Home This Spring

It’s a seller’s market here in Minnesota. The Minneapolis median home price is hovering around $259,000 so far this March, an average median price per square foot of $136. Inventory is low, and the warm spring weather will only increase the number of home buyers. It’s a great time to consider selling your Minneapolis home.

But without the right help, the right price, and the right attitude, it’s still possible for your home to sit on the market for months. Here are five things I wished all sellers knew before they sell their homes this spring.

1. You Still Need Help

When the housing market favors sellers, many homeowners think they can sell their homes on their own. But without the professional guidance of a Realtor®, your home might languish on the market for months. A professional agent will help you price your home competitively, market your home effectively, and promote your home among their colleagues representing buyers in today’s hot market. With a Realtor®, you could get lucky and find a buyer for your home before you even put it on the market.

2. You Still Need to Put in an Effort

The Minnesota real estate market always heats up in the spring, so don’t expect buyers to put offers in without some effort on your part. If your home does not show well and is not marketed well, it will be overlooked. Your Realtor® can help you get your home ready for buyers.

3. You Still Need to Compete

There may be low housing inventory this spring, but you still need to compete with your fellow home sellers on price. Many sellers are tempted to inflate home prices in a seller’s market. But buyers can spot when a home’s overpriced. A home price that’s fair but competitive will attract buyers. Your Realtor® will work with you to price your home competitively based on comps in your neighborhood.

4. Your Home’s Curb Appeal Still Counts

Your home’s priced well, there’s little competition in your area, but you’ve had several no-show buyer appointments. Have you taken a look at your home from the street? Curb appeal still counts, even in a spring seller’s market. Keep everything neat and tidy, add lighting, and consider brightening up your front door’s paint color. 

5. You Still Need to Offer Incentives

Many sellers don’t offer incentives to buyers when it’s a seller’s market, which is exactly why you should. Offer to pay for closing or lower the price to accommodate a new roof or furnace. Incentives help make your property look more attractive.  

Minnesota’s spring seller’s market is just heating up. To get your home ready for sale and get it priced and marketed right, contact Trent Shipley at Keller Williams Realty Integrity NW today.

Will 2016 Be the Year You Become a Homeowner? How to Determine if You Should Rent or Buy

Will 2016 Be the Year You Become a Homeowner? 

How to Determine if You Should Rent or Buy.

Renting an apartment or home can be a great decision, especially when you’re first starting out or move frequently. But when you’ve been renting for a while, you’ve likely thought about whether you might be better off owning your own home. Could 2016 be the year you become a homeowner?

Ultimately, your decision to buy a home or continue renting will be a financial one. Don’t automatically assume you’ll be better off renting. You may find you’re throwing money away every month on rent when you could be building equity in a property of your own. In 2014, for example, a Trulia study found that it was 50 percent cheaper to buy a home in Minneapolis than it was to rent one.

Rent or Buy In Buffalo?

Fortunately, there are several online tools you can use to help you figure out whether you’re better off renting or buying. Realtor®’s calculator determines whether you should rent or own based on your city, home price, and monthly rent payment.

Imagine you’re considering purchasing a home in Buffalo, Minnesota. The median home price is $160,000. Assuming you’re paying $1,000 per month in rent, buying a home becomes cheaper than renting after just three years of home ownership.

In fact, how long you plan to stay in your home has the most significant impact on whether it makes more sense to buy or rent. If you’re planning to move after just a year or two, renting might make sense. But if you can commit to staying in your home for 5 to 7 years, buying a home will likely be your best bet.

The decision to buy a home is likely the biggest financial decision you’ll ever make. That’s why it’s so important to have an experienced Realtor® by your side during the home buying process. To get started on your 2016 home search, contact Trent Shipley at Keller Williams Realty Integrity NW today.