We always want to be fully transparent with our clients, so here’s the blunt truth: it is a challenging time to be a homebuyer. Over the last several years, we have seen a noticeable uptick in demand for single family homes and condos throughout Chittenden County and the surrounding towns. While it has hit Burlington and Winooski the hardest, many home buyers across our region have had a tough time finding a new home in this fast-paced market.
For many, the formula for success does not rest solely in doing the legwork of getting a pre-approval letter, familiarizing themselves with the market and its speed, or hustling to see a home the moment it is listed for sale. We are now in a market where a house can be put on the market and receive receive half a dozen bids in only a day or two. With so many offers in front of the sellers, what can you do to give yourself the best chance at securing the house?
This is where we excel. Our job is to put you in the best position possible to win the bid, while still implementing the protections needed to minimize your financial vulnerability. Given your financial situation and risk tolerance, we will sit down to weigh your options and help you to determine the right course for maximizing your chances of success.
Some options include:
— Offering more than the list price
— Removing or reducing the protections of some contingencies
— Offering to cover the cost of all inspections, including those typically covered by the sellers
— Making your building inspection a “Pass/Fail” inspection
— Increasing your deposit amount or offering a second deposit
— Offering to let the sellers to stay in the home rent-free for a specified amount of time after closing
— Many, many other tactics
When working with buyers, we have two main objectives: (1) protect our clients and (2) get them into their new home at the best price and terms possible. To tackle the first one, in over 50 cumulative years of experience as Realtors, no one in our office has ever had a client lose their deposit. As for the second, the harsh reality of this marketplace is that "the best price and terms possible” often means making some concessions as a buyer. We know how to craft a compelling offer, and can help you make the strongest case possible when your next house finds you.
Author:Thomas Senning Phone: 802-917-4340 Dated: February 26th 2018 Views: 1,412 About Thomas: Since his entry into real estate in 2014, Thomas has operated under the guiding premise that if he p...
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In 2009, Jessica Bridge and Dan Cypress decided to form the Element team at RE/MAX North Professionals, the brokerage where both started their real estate careers in 2006. Simply put: they were ready to express their own vision. That vision included acting ethically in all situations, providing honest, educational advice to their clients, and forming a team with strengths that played to the needs of their clientele.
Over time, Element has added administrative staff and three salespeople: an expansion geared toward maximum face time with clients and providing the best service possible. The group has grown to be one of the top-producing real estate teams in New England. In fact, they were the top producing RE/MAX team in Vermont from 2013-2015. They also became one of the most recognizable real estate entities in Chittenden County: an accomplishment that they attribute solely to putting their clients before all else.
In March 2016, Element Real Estate left RE/MAX North Professionals and opened their own real estate brokerage, located at 139 Bank Street. Their team, comprised of Jessica Bridge, Dan Cypress, Thomas Senning, Allyson Nadeau and Ruslan Ibragimov, takes a collaborative approach to real estate. Educating their clients and straight-forward, data driven methods have been at the core of their practice since 2006. They look forward to continued success in their downtown location.
We always want to be fully transparent with our clients, so here’s t
"We had been tossing around the idea of selling our home for a few months, and then we found the perfect new home for our family before we had even listed our house. We knew if anyone could make our long shot dream of selling our house in time to buy the one we had fallen in love with come true, it was Element Real Estate. From tips about what repairs to focus on before listing to staying in touch round the clock with important updates, bringing in a professional photographer to make our house look it's best, to keeping every document and involved party up to date at all times, Element Real Estate has shepherded us from hopeful long shot to making our relocation dreams come true. We 100% believe we would have missed out if it wasn't for the Element team's hard work and their dedication to getting us the best price for our home as quickly as possible"