How Can You Move Up in this Seller's Market?

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A lot of people have been asking us questions lately about how to move up in a seller's market, which often requires selling your current home and buying your next one in one process. It's a bit of a juggling act, especially in a market like ours, but it's not impossible.

The first step is getting your current home sale-ready. You don't have to necessarily put it on the market right away, but getting it sale-ready is important. 

Depending on your financial situation and ability to take risks, you may make an offer on your next home prior to putting your current one on the market, or put your current home on the market and wait for a buyer before making an offer on a home.

A lot of things can go wrong when trying to balance a sale and a purchase. For example, what if you sell your current home before you've found one to buy? What about if you make an offer on a home that's accepted, but you haven't sold your current home yet? It's important to have a "Plan B" in this case, and a trusted real estate professional should be able to help you come up with a good one.

If you're going to attempt this, my personal recommendation is that you hire one agent or a team for both transactions. It's much easier to communicate with one person instead of two, and there's a lot of juggling to be done that would be easier for one person to accomplish if they were handling both sides. They will help at minimizing potential risk, as well as maximizing your profits.

If you have any questions for us, feel free to give us a call or shoot over a quick email. We would love to speak with you!

How we helped Jaime sell her home using our great marketing

"We had an offer on my house within 48 hours. That was pretty impressive. His approach to  marketing was a big part of that. We had listed our house twice before and gotten some not-great offers, so we never sold it. Obviously his marketing works because we had a buyer in such a short period of time. He was on top of things when it came to finding a house. The market has really taken off, because it was hard to find something before someone else had an offer in. Everyone on his team was willing to do whatever it took to get us a house."

How we helped Erik find a great house using our real estate knowledge

"We got a great house! This house was not on our radar, because it was priced higher than what we wanted to spend. Link knew about the house’s situation, and he was confident that they would come down, so he encouraged us to look at it. Sure enough, they did come down, and we were able to get it! We never even would have looked at it without Link’s encouragement. "

How to Begin the Vacation Home Search in New Hampshire

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Today, we share tips on how to buy a New Hampshire waterfront home!

The first thing you need to do before searching for vacation properties is locate and decide on a specific area or region. A lot of people considering a second home in New Hampshire, waterfront or not, have several choices. Factors that influence these buyers include proximity to primary residence, size of body of water, and recreation options, among others.

New Hampshire has an impressive variety of lakes and ponds. Water clarity, depth, and size are all factors that vacation home buyers look at before purchasing. Our website has several unique tools to help buyers who are interested in waterfront property search for homes by waterfront, by acreage size, as well as more detailed information like restrictions, watercraft usage, fishing and hunting regulations, etc. 

When searching for a vacation home, you also want to keep in mind its potential resale value. Some lakefront areas are more desirable than others and therefore have higher resale values. Determining which price point is best for you and your budget is key when beginning the process.

If you have any questions about the minutiae involved in buying a vacation home, or if you need real estate assistance of any kind, give us a call or shoot us an email. We would love to hear from you!