The Dog Days of Summer |Empower |Educate | Encourage|

Thursday, June 07, 2018

Summertime, coming soon, is typically a Great Time to buy and sell.  Yeah, I know, I sound like a Real Estate Broker but I have years of trends to back up our higher sales volume during the summer months.  Let’s speculate on why that may be. 

 

People like to move when school is out and want to be in their new homes by the time school starts back.  For Sellers, you want to be on the market when buyers are looking, and Buyers, you want to be in the market when Sellers are selling.  However, nationwide we’re hearing about the housing shortage. This means that there are many more Buyers than there are homes available for them to buy, and they want to buy - now.  At today’s sales meeting, I reported that 8 of the 10 markets where we have offices are classified as having an inventory shortage (less than a 6 month supply of homes).  The other two are close at 6.7 and 6.8 months.  A 6 month supply of homes is considered a balanced market.  Equal for Buyers and Sellers as opposed to a Sellers’ Market (less than 6 months) or a Buyers’ Market (more than 6 months).

 

An anomaly in many markets are the New Home Builders.  Although they’re not building as much as they were in the 2005 boom, they are alleviating some of the shortage of housing supply in many of the markets we serve.  It appears that they can’t build them fast enough, with most of them speculating and putting homes in the ground in anticipation of future buyers.  This is an interesting condition that is actually creating demand for some homeowners to put their homes on the market.  As technology and innovation expand, many of these new communities are creating awesome amenity packages.  Things like Ultra Wi-Fi communities where residents enjoy Ultra-Fast wireless Wi-Fi to their own networks while in their community.  This service is super-fast and is typically way less expensive than your or my current cable bill.  Who wouldn’t want to live in a community with a 5.2 acre resort pool with swim-up bars, sailboat, paddleboard and kayak launches?  Smart home technology is almost commonplace now in these newer communities as well.  Some families, especially the techy ones, are wanting to move into these new neighborhoods, which in many cases creates the need to sell their current home.

 

One final note: Interest rates are trending up, adding more reasons to buy and sell soon. The combination of rising prices and rising interest rates could end up pricing some people out of the market. Sellers would have fewer buyers able to buy their home, while Buyers would have fewer homes from which to choose.  So, while we have no choice but to deal with the current market conditions in the areas where we live, CENTURY 21 Beggins has a vast array of knowledgeable sales associates willing to dive in and help you explore your options and supply you with the vital information to make the right decision for your needs. 

 

As a provider of Life Betterment Solutions, we’re here to help.  If you’re even remotely thinking of Moving Up – Moving Down - or Simply Moving Around, please feel free to reach out to us.  We’re happy to Empower, Educate and Encourage you to make sound decisions.  We’ve got your Back. J

 

Until next time, may you have fair weather and following seas!

 

 

Craig J. Beggins, President

CENTURY 21 Beggins Enterprises

 

1-800-541-9923

Preparing for the Holidays and 2018 |Empower |Educate | Encourage|

Thursday, November 30, 2017

A career in Real Estate is often pursued for the Freedom and Flexibility it offers.  Well, that may sound good but it’s not really true.  With all the technology in use these days agents are nearly always on call. 

                                                                                                    

As we head into the end of 2017 and the Holiday season, I’d like to recognize our agents for the actions and activities they take on every day.  Years ago, I came up with this quote: “The activities in a Real Estate Market are dependent upon the activities of the Real Estate Agents in that Market”.  Allow me to expand on this thought.  Let’s assume a buying customer is relocating to our area from another state.  They reach out to a Real Estate agent to learn about the area and help them decide which area is right for them.  Finding the house is the easy part, narrowing down communities and neighborhoods is the more difficult part.  Back to my quote:  Agent 1 is lazy; they don’t return the customer’s inquiry in a timely basis.  Average return of an internet inquiry nationwide is 48 hours.  That’s pathetic.  This customer took the time to reach out for help and in today’s world customers want immediate gratification.  The agent is this customer’s first impression of a given market.  The way this lead is handled could easily make or break a sale for this community.  Agent 2, however, is on the ball and happens to work with CENTURY 21 Beggins. Let me tell you how our lead delivery system works.

 

We have proprietary software that captures the lead, converts the text to voice and immediate places a phone call to our Listing Agent.  We deliver the inquiry to the Listing Agent because 1) the Customer deserves an agent who is familiar with the area and the home they’re inquiring about,  2) our Seller is best served by the agent they hired to represent their property, and 3) the Listing Agent has the opportunity to work both sides of the transaction, creating a smoother experience.  Once the agent’s phone rings, they quickly accept the lead, our system verbally tells them the inquiry from the customer, they instantly press “5” on their phone and, voila! it immediately calls the customer back.  Believe it or not, over 90% of the thousands of inquiries we receive each month over the Internet supply a call back phone number.  This whole process takes less than a minute.  Today it’s all about Speed to Lead.

 

At CENTURY 21 Beggins we’ve developed exceptional systems to help Buyers understand the market and sort through the many options available to them, and we’ve created a phenomenal marketing process to get homes sold for our Sellers.  We understand the markets that we serve and we know the contract details inside and out.  As the provider of Life Betterment Solutions, we’re here to help.  If you’re even remotely thinking of Moving Up – Moving Down - or Simply Moving Around, please feel free to reach out to us.  We’re happy to Empower, Educate and Encourage you to make sound decisions.  We’ve got your Back. J

 

Until next time, may you have fair weather and following seas!

 

 

Craig J. Beggins, President

CENTURY 21 Beggins Enterprises

800.541.9923

My, How Times Have Changed

Thursday, November 02, 2017

Looking back, the World Wide Web has drastically changed the way we market properties.  As little as 15 years ago our company produced a newspaper to advertise our listings.  Our newspaper featured each of our properties with one photograph and a short description; we’d print and distribute 30,000 copies every other month.  This was very expensive and very time consuming but was by far our best lead generation source.

 

Fast forward to today.  We hire professional photographers who shoot close to 100 digital photographs, virtual tours and often aerial drone photos; we then select and sort out the best to create an attractive flow.  Then we upload these organized photos to multiple outlets so they can be delivered to our partner websites and portals.  (MLS, CENTURY21.com, REALTOR.com and ZILLOW.com to name just a few of the 100’s of sites, world-wide.) 

 

So, in the old days our marketing featured one photo and a short description and was distributed locally.  Today, each listing is digitally exposed with typically at least 25 photos, video walk-throughs and virtual tours which are exposed all over the World Wide Web.

 

Here’s the crazy part.  We obtain these listings, pay to have them professionally photographed and give them to these websites so they can market them for us - and then they sell the leads back to us.  In a recent meeting with REALTOR.com they told me that the Internet now generates over 50 Million real estate leads annually.  Wait a minute! – the National Association of Realtors is only forecasting 5.3 million homes sales in the US this year and I suspect that less than 20% of the homes (just over 1 million) that are sold are sold to buyers who inquired over the Internet.  So, what’s going on with the other 49,000,000 leads? 

 

I think we’ve created a Monster.  What this tells me is that while the Internet is great for exposing our listings, if you’re serious about selling your home, you can’t rely on Internet Marketing to get your property sold.  What you need is a large brokerage with a huge network of agents who are finding the other 4.3 million buyers who aren’t buying homes on the web.  Sure, 96% of the buyers start their search on the web but the end up contacting an agent to help them navigate the process from home showing to closing.

 

At CENTURY 21 Beggins we’ve developed exceptional systems to help Buyers understand the market and sort through the many options available to them, and we’ve created a phenomenal marketing process to get homes sold for our Sellers.  We understand the markets that we serve and we know the contract details inside and out.  As the provider of Life Betterment Solutions, we’re here to help.  If you’re even remotely thinking of Moving Up – Moving Down - or Simply Moving Around, please feel free to reach out to us.  We’re happy to Empower, Educate and Encourage you to make sound decisions.  We’ve got your Back. J

 

Until next time, may you have fair weather and following seas!

 

Craig J Beggins, President

CENTURY 21 Beggins Enterprises

 

(800) 541-9923

Okay – we have a decision to make.

Monday, September 25, 2017

Today I’d like to offer condolences to all Floridians and fellow Americans affected by Hurricane Irma.  It’s truly amazing how powerful Mother Nature can be.  As Floridians, we should all heed the warnings of approaching storms and be diligent in our preparations for the storm and keep safety in mind during and after the storm as well.  I’d also like to give thanks to the first responders and volunteers who tirelessly work to restore normalcy.

 

As the leader of a sales organization, restoring normalcy is critical to the success of our business and the affairs of our Buyer and Seller Customers as our offices were closed for 7 days.  Once we opened again, we have to get back to business.  We have Sellers who want to sell their homes and Buyers that want to buy and contracts that need to get closed.

 

Here’s a recap of what I told our staff upon returning.  While the effects of this storm are devastating to many it’s not devastating to all.  I reminded them that it’s not what happens to us in life that matters, it’s how we choose to react to it that matters.  We live in Florida and there are Hurricane seasons every year.  Irma was a stern reminder that our area is vulnerable and we should be thankful for all the seasons that we have not been affected.  The most important thing we need to do is get out there and talk to our neighbors and see how they fared in the Storm and offer any assistance we can.  If anyone reading this needs assistance, please reach out, we have connections to help you get what you need.  To our Sales Staff:  Now we have a decision to make.  We can choose to sit back and say woe is me, business is going to die so I may as well stay in bed, or we can choose to get out there and talk to people and see how we can help.  Then I reminded them of the impending economic boom that’s headed to our area.  Workers will be increasingly busy and earning more money.  These workers will need places to live.  In the end it’s really about the choices we make.  We’re choosing to be proactive. 

 

At CENTURY 21 Beggins we’ve developed exceptional systems to help buyers understand the market and sort through the many available options to them and we’ve created a phenomenal marketing machine to get homes sold for our Sellers.  We understand the markets that we serve and we know the contract details inside and out.  As the provider of Life Betterment Solutions, we’re here to help.  If you’re even remotely thinking of Moving Up – Moving Down - or Simply Moving Around, please feel free to reach out to the agent who sent you this newsletter.  We’re happy to Empower, Educate and Encourage you to make sound decisions.  We’ve got your Back. J

 

With fond hopes for your future safety, Until next time, may you have fair weather and following seas!

 

 

Craig J. Beggins

President, CENTURY 21 Beggins Enterprises

 

800.541.9923

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Welcome to Quarter 4:

Thursday, November 10, 2016

The fourth quarter is a time of celebration.  It starts with Halloween, moves to Thanksgiving and then Christmas, Hanukkah and the many other religious and non-religious celebrations.  It’s hard to stay focused.  But…here’s the deal:  Houses will be listed for sale and houses will get SOLD throughout this quarter, and perhaps more importantly, numerous prospective buyers will be visiting our area and will undoubtedly get excited about moving here.  Q4 is Lead Generation Time and we’ve got over 400 agents receiving leads and performing lead follow-up.  Want to know the secret?  The agents who work in Q4 are the agents that will rock it in Q1.  If you’re thinking of buying or selling real estate, now is a great time and you’ll be dealing with the Great Agents.

There will be numerous listings and sales in Q4.  The fun part is that most agents start slacking off.  So, the agents who stay engaged (like Our Agents), do really well.  For example, our little company, which happens to be the #1 CENTURY 21 Firm not only in Florida but the entire Southeast United States, took 261 new listings in Q4 last year, wrote 705 Sales contracts and Closed 606 transactions.  Did you notice the nearly 3:1 ratio of Listings Taken to Sales? – Yes, we need Homes to sell to all these Buyers!  Call the agent who sent you this newsletter and take them up on their offer for a FREE Market Analysis.  If you’re serious about Selling, get on the market now; if you’re not serious about selling, stay off.

Often times many people think: I’ll wait until after the New Year to buy or sell.  This year, that may not be a good strategy for two reasons:  1) This is an election year, and things go batty during election years.  There’s already talk of the Fed raising interest rates after the election. If you’re thinking about buying and you’re planning on obtaining a mortgage, we know what interest rates are now, but we don’t know what they’ll be next year. 2) This is mostly for Sellers but there is typically less inventory on the market over the holidays. You’ll have a lot more competition after the New Year.

My advice: Buy as much home as you can and finance as much as you can at today’s generationally low interest rates.  Rest assured, a bank won’t lend you the money if they’re not darn sure you can repay it.  One day in the future, when interest rates go back to normal, you’ll be looking like a Rock Star with your fixed rate loan at the 3+% rate.

Curious what your property is worth?  Our exclusive Strategic Market Analysis (SPA) allows YOU to pick a price according to your personal motivation to sell and, of course, we’ll educate you on the supply of homes in your market.  And it’s free, without any obligation. Who knows, your home may be worth more than you think!

If you or someone you know is thinking about taking advantage of this rising real estate market and super low long-term mortgage rates: Please, give us a call and let us demonstrate how our system provides better results and a more pleasant experience.

Until next time, may you have fair weather and following seas!

Craig J. Beggins, President

CENTURY 21 Beggins Enterprises

Perhaps a Different Perspective:

Thursday, September 08, 2016

I belong to a Worldwide CEO group called Vistage International, and have been involved with this group since 2003.  My group consists of 14 CEO’s from a vast variety of industries.  We rode the good times in the early days and we rode the downturn together.  While a few didn’t make it, most survived, albeit weaker than we started, but smarter nevertheless.  I share this with you because lately, my group has been leery that the real estate market is showing signs of repeating the sins of the past that created the Boom that led to the Bust.

Being intimately familiar with both the Boom and the Bust in Real Estate, I’m here to tell you that what we’re now experiencing in Real Estate is far from what got us to the Boom/Bust of the mid 2000’s.  Please allow me to take you back to the early 2000’s.

  • NINJA Loans were prevalent (No Income, No Job, No Assets). An unqualified buyer could “lie” on a loan application and get a loan.  This is far from the case today.  Today, No Income, No Job, No Assets = No Loan Today!
  • Appraisers could run rampant. Loan Officers had “pet appraisers” who would mysteriously arrive at the contract amount.  Not the case today.  Heck, the Loan Officer and Real Estate Agent are not even allowed to speak to the Appraiser anymore, much less choose who they’ll be.  Today appraisers are randomly selected from a rotation pool which is controlled by an appraisal management company.
  • You could buy a home for $300,000 and “flip” it the day of closing for $375,000. Not Today.  Most government loans have a minimum 90-day hold policy.
  • New Home Construction was nearly double the pace it currently is.
  • Negative Amortization Loans were plentiful – These don’t exist today.
  • Prices were rising at record rates, some reaching 20% annually – Today, many markets are flat, while others have modest 3% to 5% appreciation year over year. Remember, Real Estate is Hyper-Local – There is no National, State or County wide market.  Heck, we can drill down to types of homes in a subdivision that have different market characteristics.

I bring this topic up this month, quite honestly, because I’m tired of hearing that we’re recreating the past with incentives and low interest rates.  It wasn’t incentives and low interest rates that created the bubble.  It was caused by loose lending policies.  And we do not have those today.

My advice: buy as much home as you can and finance as much as you can at today’s generationally low interest rates.  Rest assured, a bank won’t lend you the money if they’re not darn sure you can repay it.  One day in the future, when interest rates go back to normal, you’ll be looking like a Rock Star with your fixed rate loan in the 3+% rate.

Curious what your property is worth?  Our exclusive Strategic Market Analysis (SPA) allows YOU to pick a price according to your personal motivation to sell and, of course, we’ll educate you on the supply of homes in your market.  And it’s free, without any obligation. Who knows, your home may be worth more than you think!

If you or someone you know is thinking about taking advantage of this rising real estate market and super low long-term mortgage rates: Please, give us a call and let us demonstrate how our system provides better results and a more pleasant experience.

Until next time, may you have fair weather and following seas!

Craig J. Beggins, President

CENTURY 21 Beggins Enterprises

800-541-9923

A Functional Team Always Provides a Better Experience than an Individual Agent!

Thursday, July 07, 2016

At CENTURY 21 Beggins we operate differently from most other brokerages. Unlike most, we’re heavily involved in the servicing of our buyers and sellers.  Our philosophy is that the agents should be free from much of the administrative work so that they can focus on providing our customers with her or his “Finest Real Estate Experience…GUARANTEED!”  I was taught by my Dad when we started this company 24 years ago that the Broker has the responsibility of providing a consistent level of service to its customers.  Many brokerages leave the entire experience up to the individual agents, which leads to inconsistent service.

Between our CENTURY 21 Affiliation, our ownership in Paramount Title, DiscountLoans.com and Global Home USA (Home Warranty) as well as our 38 member support staff, your CENTURY 21 Beggins Agent has support across multiple industries to ensure excellent marketing and smooth closings.

To demonstrate, once a Seller decides to hire CENTURY 21 Beggins, the listing agent prepares the paperwork and submits it to our support staff which inputs the listing into our CENTURY 21 System.  Then, POOF, all of a sudden our CENTURY 21 Team goes to work creating your Unique Property Website, your branded YouTube video, your Golden Ruler Reports and, of course, marketing on CENTURY2:1.com and all of its affiliate sites – like Century21Global.com which reaches all over the world, as well as Century21FineHomes&Estates, Century21Espanol and Century21 Commercial when applicable.  All of this is done for you without the involvement of your agent so they can spend their time working on your behalf with Buyers for your property.

Then comes the role of our support staff:  They’re responsible for unleashing the rest of our marketing platform, including, but not limited to, MLS and the top websites like REALTOR.com, Zillow, Trulia and literally hundreds of other syndication sites.  Files are reviewed for compliance, welcome letters are sent with copies of signed paperwork, yard signs (if applicable) are ordered and installed, multiple high quality photos are uploaded to multiple databases…and in record time, a complete world class marketing program is launched for you, so your agent is free to do what they do best:  Talk to people about your property, while the brokerage knows that a consistent level of service has been delivered.

Now enter our partner companies: Your agent has Title resources, Lender resources, Home Warranty and Insurance resources to further complete our comprehensive marketing approach to identify and solve potential issues that arise from time to time, for the purpose of making your Buyer feel comfortable, thereby ensuring a better closing experience.

In closing, your CENTURY 21 Beggins agent has a functional team of support so we can provide you with your “Finest Real Estate Experience…GUARANTEED!”

Curious what your property is worth?  Our exclusive Strategic Market Analysis (SPA) allowsYOU to pick a price according to your personal motivation to sell and, of course, we’ll educate you on the supply of homes in your market.  And it’s free, without any obligation. Who knows, your home may be worth more than you think!

If you or someone you know is thinking about taking advantage of this rising real estate market and super low long-term mortgage rates: Please, give us a call and let us demonstrate how our system provides better results and a more pleasant experience.

Until next time, may you have fair weather and following seas!

Craig J. Beggins, President

CENTURY 21 Beggins Enterprises

800-541-9923

We’re Here to Help You Clear the Clutter!

Wednesday, June 08, 2016

Let’s face it – most real estate agents don’t provide a lot of value.  With the heavy usage of the internet, consumers have access to massive amounts of information about real estate.  At CENTURY 21 Beggins, we train our agents on systems of working with Buyers and Sellers that are designed to Empower, Educate and Encourage our customers to make sense of all this data.  After all, in my opinion that’s where the agents can provide the most value.

Real Estate Agents have a tough job!  Often there are up to 200 different actions that may be called upon in order to have a successful closing.  Just think about all the parties involved in making a real estate transaction close.  Buyers, Sellers, Agents, Lenders, Title Companies, Insurance Agents, Surveyors, Home Inspectors, Repair people – and that’s just the short list.

As we strive to provide more value and demonstrate relevance to the transaction, we’re focused on ensuring that we clearly understand the needs of our customers and provide solutions that resonate with their objectives.

For Buyers:  We believe the agents should first interview the customer by asking a series of questions about their housing needs.  We call this our “Lifestyle Profile”.  Once we help you get even clearer on your housing needs, we find it beneficial to discuss the roles and goals for each party (Buyer and Agent) as we both have responsibilities if we’re going to have a successful closing.  We call this process our “Handshake Agreement”.  And finally, for buyers obtaining a loan, we encourage a loan pre-approval.  The mortgage process is complicated and the process must begin early.   Currently many Seller’s won’t consider an offer and often won’t allow a showing without one.

For Sellers:  Our system begins with an in-person preview of the property.  At this meeting, we identify the competitive advantages of your property to then make an accurate comparison with other properties on the market and those that recently sold. This way, we can empower, educate and encourage our Sellers to make an educated pricing decision.  And, similar to the Lifestyle Profile for Buyers, we perform a pre-listing interview so we’re clear on your expectations and timelines.  Next, we share a brief video that we prepared to demonstrate what you can expect from our firm and your agent.  We encourage you to watch it before our meeting to save your time at the actual listing and pricing presentation.

Curious what your property is worth?  Our exclusive Strategic Market Analysis (SPA) allowsYOU to pick a price according to your personal motivation to sell and of course, we’ll educate you on the supply of homes in your market.  And it’s free, without any obligation. Who knows, your home may be worth more than you think!

If you or someone you know is thinking about taking advantage of this rising real estate market and super low long term mortgage rates: Please, give us a call and let us demonstrate how our system provides better results and a more pleasant experience.

Until next time, may you have fair weather and following seas!

Craig J. Beggins, President

CENTURY 21 Beggins Enterprises

800-541-9923

Stop Listening to the Media!

Wednesday, May 11, 2016

I saw a newspaper headline the other day that said – “Low housing inventory drives housing prices up.”  I hate headlines like this.  As a responsible, and long-standing Real Estate Brokerage, we try our best to give sage advice.  Then, while we’re advising our customers about the realities of the market they’re looking at, out of the blue someone says, “But the newspaper said…”

There is no Nationwide Real Estate Market, nor is there a citywide market nor a countywide market.  Real Estate is Hyper Local.  As a brokerage with now over 400 sales associates working in Sarasota, Manatee, Pinellas and Hillsborough counties, I can assure you that we are seeing far different activities in nearly every market that we serve.

For example, as of the writing of this article, the Sun City Center market as a whole has a 2.3 month supply of available homes.  Said another way, if no more listings come on the market, there will be no houses left to buy in Sun City Center in 2.3 months.  Conversely, in the zip code surrounding our Sarasota office, there’s a 10 month supply of homes, South Tampa’s hot with barely a 5 month supply of homes and the Gulf Beaches are a little out of balance with an 8 month supply of homes.

Let’s drill down even further.  Apollo Beach has a 6 month supply of homes, however the MiraBay community has over a 10 month supply of homes.  So different communities within markets can have different dynamics at play as well.  Can you see why you need an agent to help you navigate through this process?

What does all this mean and why am I telling you this?  One of the services customers expect from their agent/broker is market advice.  Market advice does not come from the newspaper.  It comes from living on the streets and studying the trends.  Depending on our clients’ motivation and the current market for their home, we may suggest an aggressive pricing strategy to make the home be one of the first to sell, or we could recommend a higher price to take advantage of the market, or we may recommend staying off the market for a while to give those who are desperate to sell a better chance.  This is where our exclusive Strategic Pricing Analysiscomes in, it’s how we empower, educate and encourage you to make the right decision based on your needs.

Curious what your property is worth?  One of our excellent agents will ask you a series of questions and show you 15 properties like yours in 3 different categories. We’ll choose 5 homes on the market now similar to yours, 5 homes that have sold and 5 more that have expired or withdrawn from the market. Our exclusive Strategic Market Analysis (SPA) allows YOU to pick a price according to your personal motivation to sell and of course, we’ll educate you on the supply of homes in your market.  And it’s free, without any obligation. Who knows, your home may be worth more than you think!

Please, give us a call if you or someone you know is thinking about taking advantage of this rising real estate market and super low long term mortgage rates.

Until next time, may you have fair weather and following seas!

Craig J. Beggins, President

CENTURY 21 Beggins Enterprises

(800) 541-9923

Happy Spring Buying & Selling Season!

Wednesday, April 13, 2016

Happy April and Welcome to the Spring Selling & Buying Season.  Who would have thought this Real Estate recovery would be so slow?  After all, the bust was 10 years ago and we’re still not back to the boom pricing in most areas.  As we end the first quarter of 2016, we have learned that Real Estate is Hyper-Local.  Of the 4 counties we serve, there are pockets of extremely low inventory indicating a strong Sellers’ market and there are other pockets where there’s inventory in excess of a 10-month supply of homes.  Our advice: ask your agent about the local market activity and stop listening to statewide or national trends.

Allow me to give you a thought.  We all know by now that those of us who bought homes between 2005 and 2008 may not yet be in a position to sell for a profit.  Believe it or not, not everyone bought their home during those years and for those of us who bought our homes, say, in 2004 or earlier, you may be surprised.  Assuming you didn’t re-finance and already take your equity out, in most cases, if you’ve owned your home since 2004 or earlier, you’ll be surprised to find a few really positive things.  First of all, if you have a mortgage, check to see how much principle you’ve paid off over the last 12 or more years.  You may be surprised.

Here’s the thought I’d encourage you to think about:  If you bought your home in 2004 or earlier, you can probably sell it for substantially more than you paid.  That, coupled with the principle you’ve paid down, may give you a substantial down payment for a different home.  Be it larger, smaller, fancier or more modest, there’s nothing to keep you from taking advantage of this market.

What are some of the advantages of buying a new home today?  In my example, your current home is at least 16 years older than it was when you bought it.  It may be time for some sizeable repairs.  New technologies available today are making homes a lot more efficient.  Today’s “green” building standards are producing high efficiencies and very safe homes.  And of course, locking in a 30 year fixed interest rate loan at less than 4% is a gift that many won’t have the chance to enjoy for much longer.

Imagine trading in your old home for a new, perhaps more appropriate one, putting some cash in your pocket and ending up with lower monthly payments than you currently have.  This is a reality for many today.  Not everyone bought their homes between 2005 and 2008.

As the broker for this fine company, the writing is on the wall.  We’re selling more listings than we’re taking.

Buyers are out in droves.  We’re in need of more homes to sell And we can get you Top Dollar!

Why not give us a call and get a FREE Strategic Pricing Analysis to see what you could really sell your home for and while you’re at it, ask your CENTURY 21 Beggins Agent to share some of the new home inventory that’s available now.  We partner with 8 of the largest homebuilders in the region and can help you get that new home of your dreams.  Not interested in a new home?  Ask your C21 Beggins agent to set you up on a MLS search for homes in an area you may be interested in.

Until next time, may you have fair weather and following seas!

Craig J. Beggins, President

CENTURY 21 Beggins Enterprises

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