iBuyers, Our Instant Offer Program, & Some News About the Fed
It’s been 18 years since the Curtin Team first opened for business. Can you believe it? All along, our mission has been the same: to help our friends and clients build wealth through real estate. That’s why we hate to see people we love serving lose money in their home sale or purchase.
What do I mean?
Well, I’m sure you’ve noticed the growing popularity of Zillow, Opendoor, and Offerpad in the market. These ‘iBuyers,’ as they’re often called, are simply big-box companies preying on real estate investors.
A few weeks back, we did a video to illustrate this very point. If you missed it, you can check it out here. Let me give you a quick recap: We have a client whose daughter needed help moving out of her home. At the time, she was dealing with a big-box iBuyer that, not surprisingly, was trying to take advantage of her situation.
It was a win for our client and her family, which was a win for the Curtin Team.
After speaking with her, we knew she’d be a great candidate for our team’s instant offer program. Ultimately, she decided to pursue this option and profited much more from her sale than she ever would have with the iBuyer company. It was a win for her and her family, which meant it was a win for the Curtin Team. Using our program, she was able to sell as is, had no showings to deal with, got to pick her closing date, and received a free home inspection as the cherry on top!
If you or someone you know is interested in this program, learn all about it here.
That’s not the only big news: The Federal Reserve recently cut federal interest rates by 0.25% for the first time in more than a decade. If you purchased your home in either 2017 or 2018, this might be the perfect time to refinance and lower your mortgage payment!
This link will help you determine how much you could save.
If you have questions or you’d like to know your home’s assessed cash value, please don’t hesitate to reach out to us. We’re always here to help!
What Should Buyers and Sellers Know About Our Market?
We’ve got two messages to share with you today. One is for sellers and one is for buyers.
First, we want to talk to all the home sellers out there. If you’ve been a home seller before without success, there is an opportunity for a second chance in this market.
The luxury market is really coming into a softening spot right now. We believe that 38% of all properties are going through that correction right now.
On The Curtin Team, we’re increasing our appointments set by over 25%. This allows us to meet with enough clients who can afford to sell their properties. If you can sell in this market right now, history says that there is another 20% off to be had in terms of pricing.
We know this area like the back of our hand.
Now, let’s talk to the buyers. Did you know that 80% of our sales on our team comes from our hyper-local market of Roswell? We know this area like the back of our hand and those big box investors like Zillow don’t. They only have 0.3% of the market share. Offerpad and Opendoor only have about 1.9%.
If you’re thinking of moving to a new home or investing in real estate, this is a fantastic market for you. Come to our investor workshop on August 20 to learn more details.
If you have any questions for me about the workshop or about our real estate market, don’t hesitate to give us a call or send us an email. We look forward to hearing from you soon.