Showing Time, using Bright MLS statistics, has released its Local Market Insight report for single-family homes in Delaware County, Pennsylvania through December 2023. This report allows us to compare all of 2023 to 2022.If you would like more information about this or any other County or any specific municipalities in the Delaware Valley, please contact me or visit my website, AndrewWetzel.com. I am only a phone call, an email or a text away! I respond promptly to all inquiries....Year-Over-...

“The NATIONAL ASSOCIATION OF REALTORS (NAR) Profile of Home Buyers and Sellers is an annual survey of recent home buyers and sellers who completed a transaction between July 2022 and June 2023. The report has been published since 1981…. The survey contained 129 questions”. The over-arching theme is that, while the pandemic is over, the housing market “offers limited housing inventory and affordability constraints”. Your experience may be different so I recommend talking to a Real Estate ...

“The NATIONAL ASSOCIATION OF REALTORS (NAR) Profile of Home Buyers and Sellers is an annual survey of recent home buyers and sellers who completed a transaction between July 2022 and June 2023. The report has been published since 1981…. The survey contained 129 questions”. The over-arching theme is that, while the pandemic is over, the housing market “offers limited housing inventory and affordability constraints”. Your experience may be different so I recommend talking to a Real Estate ...

Suppose you contacted me to discuss my helping you sell your home or any piece of Real Estate. What would you think if I told you that I could greatly increase your proceeds by reducing what you expected to pay me by my not using a portion of my fee to pay the agent representing the buyer? Would you be thrilled or skeptical?There are different business models for compensating Real Estate agents. Our rules and regulations require that we disclose how we are paid and that the fee is negotiable....

It took more than 26 years working in Real Estate and meeting with and working for hundreds of homeowners but I finally got to experience some of what many sellers have to deal with when trying to sell their homes. Sure, I understood logically what selling your home might feel like. I know the process, the forms and have seen what can go right and what can go wrong. I have mediated disputes between sellers and buyers since 2002. I have also served on every level of my REALTOR Association’s Pr...

A recent article posted on RETechnology.com discussed a survey conducted by the WAV group which pointed out several “truths” about multiple offers and how losing buyers feel afterwards. Here is a breakdown: 1) Almost 51% of respondents said they faced competition; 38% said they were not sure. Exactly how did they “know”? 2) Over 46% felt they had an “equal opportunity” to win, slightly higher among white buyers (49% vs. 45%). Again, how d...

Let me start by offering two thoughts. First, I am NOT an attorney. Second, Real Estate fees or commissions are NEGOTIABLE by law. Brokers and their agents are REQUIRED to disclose their fees and how they are earned to their prospective clients. Local market may “appear” to establish a “range” of fees that work or do not work as far as listing and selling Real Estate but it is still the client’s choice as far as whom to hire and what they will pay. That being said, some consumers are better a...

Showing Time, using Bright MLS statistics, has released its Local Market Insight report for single-family homes in Delaware County, Pennsylvania through September 2023....To read the full BLOG, visit https://andrewwetzel.wordpress.com/2023/10/28/bright-mls-september-2023-delaware-county-pa-residential-housing-report/Jumping to the statistics:As far as the statistics, there were 5216 new “For Sale” listings through September 2023 compared to 6414 through September 2022, a decrease of 18.7%. Th...

Showing Time, using Bright MLS statistics, has released their Local Market Insight report for single-family homes in Delaware County Pennsylvania through December 2022. If you would like more information about this or any other County or any specific municipalities in the Delaware Valley, please contact me or visit my website, AndrewWetzel.com. I am only a phone call, an email or a text away! I respond promptly to all inquiries....To read the full Blog, click here.If you would like to discuss...

The National Association of REALTORS (NAR) has published its annual report. The report is based on surveys of recent home buyers including those who sold one property to buy another. The survey consisted of 129 questions mailed to 153,045 recent home buyers. These reports began in 1981 with just 59 questions and are intended to provide insight into consumer behavior, specifically their needs and expectations. The reports are as unique as the economic, social and demographic environment. ...