Whether you are starting the process of buying your first or your “next” home, actively engaged in house hunting or you have already been denied a house you really wanted to own, I want to share some time-tested advice. I am going to cover this from four perspectives. This is part 3 of 4. This is a broad topic with no “one size fits all” answers. My advice comes with two disclaimers: this is not intended as legal advice and it is not meant to interfere if you hav...

I recently created a podcast on “Multiple Offers” and how two different agents viewed them. I want to explore one of their comments further. One agent said that multiple offers are the result of pricing a property too low. While I don’t agree, I do feel that there is something to this. Let me explain. Suppose an agent is working with a buyer “pre-qualified” and comfortable spending up to $300,000 on a house. Pick any price. What “price range” should th...

Competition and multiple offers seem normal these days. Your opinion about them probably depends on whom you represent and your personal experiences. They do not guarantee success for a seller but make it harder for buyers and their agents. I recently heard two very different opinions about them. A buyer’s agent, frustrated by losing yet another bidding war, told me that multiple offers are the result of pricing a property too low. I guess that makes some sense, p...

The type of Real Estate market produces some creative ways to “protect and promote” the interest of our clients. The ebb and flow of who has “power” and “leverage” is interesting. What may work (or frustrate others) in one market may appear insane in another. That being said, we are required and expected to respect different “business models”. However, do we have to do as we are told? Many listing agents use a “Presentation of Offers” form which spells out what th...

Whether you are starting the process of buying a home, actively engaged in house hunting or you have already been denied a house you wanted, I want to share some time-tested advice. I am going to cover this from four perspectives. This is part 2 of 4, The Search. This is a broad topic with no “one size fits all” answers. My advice comes with two disclaimers: this is not intended as legal advice and it is not meant to interfere if you have an existing business rel...

Tri-County Suburban REALTORS and Showing Time have released their March 2021 Local Market Insight report for single family homes in Delaware County Pennsylvania. The report uses Bright MLS statistics. 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 web site, AndrewWetzel.com. I am only a phone call, an email or a text away! I respond promptly to all inquiries.Many are...

As is usual, my best answer is it depends! Can the answer be a “tie”? I would like to think that when Real Estate is sold that both people “won” but Real Estate is a competitive process where two people have opposite if not adversarial motives. No buyer ever said I want to give the seller as much money as possible unless, of course, they know there is competition or they intend to use their successful offer as leverage to negotiate something to their benefit later such as in...

Whether you are thinking about buying a home, are actively engaged in house hunting or you have already been denied a house you wanted, I want to share some time-tested advice. I am going to cover this from four perspectives. This is a broad topic with no “one size fits all” answers. I strongly believe that planning and preparation will put you in the best position to identify houses that may interest you and, when you find one, maximize your opportunity to own it. The...

That depends. Depends on what? There are several things to consider. Let me discuss two. First, pricing is an art and not a science. No matter what data and information went into determining your asking price, the price is an educated guess at best. Is it realistic or hopeful? If there is little or no information to rely on, it might just be a shot in the dark. Either way, what would convince you to consider lowering it? Some sellers think ...

I received an email from the staff at Listenable. They provide an online platform that offers “powerful, bite-sized audio courses authored by well‑loved experts”. They said: “Congratulations on launching your first course on Listenable! We’re excited to have you on board! We sincerely appreciate the work you’ve done to create such an outstanding course and we are proud to have you on the Listenable team.” I am happy and excited to add my content to their imp...