buying homes in connecticut: CT Leads by Example with Disclosure on Compensation
- 02/17/24 08:07 AM
CT Leads by Example with Disclosure on Compensation With all the anxiety generated across the country in real estate starting with the realignment and change in NAR over the lawsuits for compensation, our State Real estate commission has reconfigured our listing forms with clarity over compensation and how it will be paid. The issue with compensation nationally is not impacting with our state as harsh as our forms have been very detailed as to what was being paid and how. The new forms take it further and require sellers to acknowledge with their initials and signatures the amount of the fees they are giving … (14 comments)
buying homes in connecticut: Zoom Call 8.01.23 Real Estate Activities Around the Country
- 08/03/23 05:44 PM
Real Estate Activities Around the Country The Zoom call was an open Forum call with attendees offering insights on the state of real estate in their respective communities. The moderator of the call was Eileen Burns, and she opened with detail on the 3 counties within her market. As there are over 6,000,00 people it is just beyond reasonable to expect to cover it. There are 5 MLS systems that work listings, and the primary board is better than an hour away. As she is a commercial broker she can cover the entire state, but the logistics are not reasonable. She gets her statistics from … (12 comments)
buying homes in connecticut: Buyer's Frustrations in Connecticut are Understandable
- 04/08/22 07:01 AM
Buyer's Frustrations in Connecticut are Understandable So many buyers are getting frustrated with the current inventory of homes in Connecticut as well as other parts of the country. None of the 'experts' have a clear answer to the urgency to buy other than low interest rates that are starting to creep up and the need for space created by the pandemic. As the chart below demonstrates, towards the end of 2019 the inventory of homes available for sale through the statewide MLS system was just under a 7-month supply That was clearly a buyer's market, which meant choices and leverage to negotiate … (20 comments)
The Pandemic that hit our country and the world early in 2020 has changed the way people live their lives, and quite possibly for years to come. Space has become the desired prize as people look to stay safe. The perfect scenario for home sales took over with record low mortgage rates and sellers being able to get much more equity out of their homes as the supply of homes on the market dwindled.
What has happened in the market is an entire segment of home buyers find themselves shut out of the … (25 comments)
We real estate agents get some strange requests from clients, all usually looking to save money. The call I got this afternoon was by far the strangest I have ever gotten.
Hi Ed, This is Josh Smith. Do you remember helping me buy my house 7 years ago? Well I'm going to sell it, and I already found a buyer but he needs some help with the purchase. I told him to call you and that you would help him buy my house. He should be ready in 4-5 months, and he has your number … (22 comments)
buying homes in connecticut: Treat Their Home Purchase As If It Were Your Own
- 05/04/21 04:44 PM
Treat Their Home Purchase As If It Were Your Own Our job as real estate agents is to guide our clients through their transaction, whether selling or buying. As a seller's agent we give council on home preparation, repairs, pricing and what to expect once a contract has been taken. It can be less involved than we would with a buyer. As a buyer's agent, we start with making sure they are set with a lender so as to not waste energy and frustration with properties beyond their capabilities. As we come to appreciate their needs we become a unit with them to … (33 comments)
buying homes in connecticut: The Business is All About The Clients
- 11/28/20 11:05 AM
The Business is All About The Clients The foundation of all commerce is supply and demand. Someone wants to purchase something and someone else has it to sell. At all points there may be facilitators that make any transaction easier for all involved. Our real estate business is one where there are many facilitators often competing to provide the service to the client.
At some point in an interview with a potential client a connection is made and at that point that person makes a commitment to work with us and our knowledge to find a house that his family can ultimately call … (11 comments)
buying homes in connecticut: What Is The Impact Of Covid-19 on the Connecticut Real Estate Market?
- 04/05/20 09:10 AM
What Is The Impact Of Covid-19 on the Connecticut Real Estate Market? We are experiencing the most unusual of times for the entire world as this Pandemic continues to impact our day to day living. It is a test of inner strength for so many not the likes of which can be related to since the Great Depression hit in the late 20's and early 30's across the world. Then it was a survival based on work and food and health was a secondary, maybe minimal concern.
That is not the current situation as we find ourselves in a health situation that has … (7 comments)
buying homes in connecticut: Are Building Permits Needed to Close
- 06/06/17 07:55 PM
With new construction there is seldom an issue with building permits being satisfied upon completion of construction. The inspections are done, and if all is proper the Certificate of Occupancy, CO is issued. It is not always that easy when home owners do remodeling and want to keep the town out of their homes. This is usually done to primarily keep the tax assessor from raising the property taxes the owners will have to pay. The purpose of a building permit is not the increase in tax value of the home, but the assurance that the work is done properly to code and … (7 comments)
buying homes in connecticut: What's the Most Reliable Way to Search for Homes On-line
- 02/11/16 10:58 AM
What's the Most Reliable Way to Search for Homes On-line The Internet is where 95% of all potential home buyers start their search. It may be a focused search if they know where they want to be, or of relocating, they want to get a feel for what's available while maintaining some type of anonymity. When they do get started, there are a number of sites that will be right at the top of that search page. They may pick the link that is sponsored by a large real estate brand, or maybe one of the large well known sites that pay to … (11 comments)
buying homes in connecticut: Sometimes Showing Homes in Central CT is like being a Detective
- 12/01/12 11:41 AM
Sometimes Showing Homes in Central CT is like being a Detective As we walk through homes with our clients, viewing and being attentive to the property, we also find ourselves doing a little detective work as well. This was the case as I was showing homes this afternoon in Central Connecticut. As we were walking though one home, we saw evidence of repairs on a ceiling. When we went to the level above, the location of the stain was in the area of a shower stall, which meant there was or had been a problem with drain plumbing. What we … (4 comments)
buying homes in connecticut: Can you help my on a purchase of a Connecticut home for sale?
- 02/15/12 05:03 AM
Buying a home is a serious business decision, and requires care and guidance. There are no short cuts to making a home purchase and the only person that is there to help a buyer is an agent working exclusively for the buyer. When you're looking to buy your own home in Central Connecticut, don't allow the temptation of taking a short cut cost you big. In Central Connecticut, I'm there to protect you and your purchase. "Hi, Juli. This is "Sam.: Remember I called you last week on your listing of a home for sale in north Phoenix? I was … (0 comments)
buying homes in connecticut: When Market Value Falls below Expectations, Sellers are Bound to be Upset
- 10/13/11 07:25 AM
When Market Value Falls below Expectations, Sellers are Bound to be Upset There was a news article in the Waterbury Paper this past week, that created quite a stir. There is a new school being proposed for the north end of Waterbury CT, and in order to make the school lay out a bit more manageable for traffic, some additional homes are scheduled to be bought by using the Right of Eminent Domain. The real issue is that the houses being purchased at current market value not only fall short of the appraised value for taxes, but in at least … (15 comments)
buying homes in connecticut: When Should I List My Property?
- 08/24/11 03:42 PM
People believe that there is a good time to sell a home, and that there are times of the year when homes don't sell as well. That may have been the case at one time, but as people are so much more mobile than they have ever been, the best time to sell a home is when the home is ready to be sold. Buyers purchase when they see a property they believe to be the right fit for them. The key to selling a home quickly is to clean it up, fix it up, price it right, and if you're … (0 comments)
Currently in the Country Club Road area of Waterbury there are 30 active residential listings for sale, with 7 new listings being added in July. The homes for sale in the Country Club Road Section of Waterbury CT range from a 1,248 square ft, 4-bedroom cape listed at $92,500 to a 4,002 square ft, 5-bedroom, bi-level home listed at $ 439,900. These listings are within the town zip codes of 06708.
The average list price of the homes currently available for … (5 comments)
buying homes in connecticut: If You Want To Get It Sold - Drop the Price!
- 08/04/11 02:30 AM
With the real estate market being so tight and very competitive for sellers, attention must be paid to making sure the home is appealing to the consumer, which does not mean strictly from appearance. Home buyers are extremely astute and they know probably better than a seller what values are in the market place. If the home languishes on the market and it has the best curb appeal, then there can only be one reason for not getting buyer attention and that's price. This post by Leah Stern offers insight to the pricing decisions.
If You Want To Get It … (0 comments)
buying homes in connecticut: Thinking of Selling Your Home? Plan Ahead - Way Ahead!
- 06/15/11 12:49 AM
If you are thinking of selling your home, it involves more than just calling me to list it and standing back. This post details the steps that should be followed if time allows , to ensure the home is shown in it's best light, and that the highest value will be gotten. The time lines can me adjusted depending on the homes' condition, and the reason for selling. Call me at 203-206-0754 or email me at edsilva@remax.net, and we'll start the process together. Thinking of Selling Your Home? Plan Ahead - Way Ahead!Getting your home ready to sell? The basic equation … (1 comments)
buying homes in connecticut: Home Sales Sluggish in Central CT, But Buyers are Finding Great Deals
- 05/21/11 03:03 PM
Home Sales Sluggish in Central CT, But Buyers are Finding Great Deals The CT Association of Realtors just released the first quarter sales figures for home sales in CT and the volume is off 34% from the same period last year. Some of this can be attributed to the lack of a buyer incentive like the First time buyer rebate of up to $8,000 that was in effect last year and didn't expire until June. The business climate in CT still remains tentative and unemployment is hovering just below 10%. With banks tightening lending requirements, and buyers tentative because of … (7 comments)
buying homes in connecticut: Cheshire CT Real Estate Sales Report for March 2011
- 04/18/11 04:35 PM
Cheshire CT Real Estate Sales Report for March 2011 Currently in Cheshire CT there are 175 active residential listings for sale. They range from a 972 square ft, 3-bedroom cape, listed at $116,375 to a 5600 square ft, 4 bedroom colonial estate listed at $1,990,000. The average list price of the homes currently available for sale in Cheshire CT is $453,938. The average days on market for these homes is 141 days.
For the month of March, there were 35 new homes listed for sale in Cheshire CT. The average list price of the new listings available for sale in Cheshire CT is $423,686. … (4 comments)
buying homes in connecticut: March 2011 Real Estate Sales Report for The Country Club Road Neighborhood of Waterbury CT
- 04/18/11 04:42 AM
March 2011 Real Estate Sales Report for The Country Club Road Neighborhood of Waterbury CT Currently in the Country Club Road area of Waterbury there are 19 active residential listings for sale, with two new listings being added in March. The homes for sale in the Country Club Road Section of Waterbury CT range from a 1,248 square ft, 4-bedroom cape listed at $92,500 to a 4,002 square ft, 5-bedroom, expanded multi-level home listed at $ 469,900. These listings are within the town zip codes of 06708.
The average list price of the homes currently available for sale in … (2 comments)
Ed Silva is a licensed Broker serving the Central Connecticut area from the Waterbury CT Real Estate Office.
He serves both sellers and buyers and also is an experienced agent for short sales.
If you're thinking of listing your home, I would love to meet with you and share my marketing success package with you. My marketing reaches all the major listing sites with prime positions on the largest. I'd would appreciate the opportunity love to help you buy or sell in the Central Connecticut area.
CT Leads by Example with Disclosure on Compensation
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