Why Work With a Professional at the Pinnacle Homes Group?

Working with our team comes with a tremendous benefit. Today I’m discussing what we do for you that some other realty groups don’t.

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A sentiment we hear a lot is that real estate agents don’t do a whole lot except open the door. If your agent relies solely on what’s just been listed on the market, that might be the case. You may be able to find that data quicker than they can.

Here at the Pinnacle Homes Group, on top of everything we do for buyers after we get them under contract (negotiating through appraisals, inspections, etc.), we have access to properties that aren’t actively listed on the market.

We have thousands of weekly conversations with buyers and sellers who may not be on the market.

How is this possible? Every day, we lead generate listings for our buyers and buyers for our listings. We have thousands of weekly conversations with buyers and sellers who may not be on the market.

For example, there may be a FSBO home that’s not advertised online, or maybe an expired or withdrawn listing. We have access to this data, where the perfect home may be waiting for you.

If you’re ready to find that perfect home or have a real estate topic you’d like to see us discuss in a future video, don’t hesitate to call or email. We’d love to help you.

What’s the Deal With iBuyers?

Today I’m discussing iBuyers and when it is and is not a good idea to sell your home to them.

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We’ve been receiving many inquiries lately about iBuyers, which stands for institutional buyers. These companies typically offer cash for your home, a quick closing, and you don’t have to list the house and deal with showings and all the things that go with listing property. For some sellers that is a decent option.

Keep in mind that these are institutions, they’re businesses, so at the end of the day, their goal is to turn a profit. With that being said, they are not going to offer you market value. Generally, you’re going to be looking at offers anywhere from 8% to 12% under market value. For some, the convenience of not having to go to the market and giving up a little profit is worth it, while for others, it is not.

Keep in mind that these are businesses, so at the end of the day, their goal is to turn a profit.

I also want to let you know that here at Keller Williams we have the opportunity to give you those cash offers as well. You do not have to go to a strange company you know nothing about to get a cash offer on your house. So, if you would like to see what kind of cash offer you can get on your home, give us a call.

If you have more questions about iBuyers and exactly what goes into this, please give us a call. We would love to speak with you.

What the Latest Numbers Say About Our Central Florida Market

Our Central Florida market is a tale of three different markets.

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What’s happening in our Central Florida market?

At the moment, inventory is very tight. As of the recording of this video, there are 7,837 homes available. Last year, there were 8,272 homes available at this time.

In effect, our market is a tale of three different markets: the entry-level market, the move-up market, and the luxury market.

The entry-level market includes homes priced at $350,000 and under. Inventory is extremely tight here. In most cases, there is less than a one-month supply of homes (a balanced supply is considered six months).

At the moment, inventory is very tight.

The move-up market includes homes priced from $350,000 to $600,000. Here we have slightly less than a six-month supply of homes, which means conditions are more balanced and more inventory is being listed compared to last year.

The luxury market includes homes priced above $600,000. In some cases, we have as much as two years’ worth of inventory in this market. We also have a lot of shadow inventory in this market, which means a lot of homeowners would like to list their home but haven’t yet. Essentially, they’re waiting for a buyer to be brought to them.

If you’d like to know more about our Central Florida market and where we see it going in 2020, don’t hesitate to reach out to me. My team and I would love to help you. I hope you have a great holiday season!

Should You Sell During the Holidays?

You may have heard not to sell your home during the holidays. This is far from the truth, and here’s why.

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I hear a lot of, “Is now a good time to sell my home? I hear no properties sell during the holidays.” That’s actually untrue.

Autumn and winter can be a great time to sell a home, and a lot of factors go into that. There’s less supply on the market, so you have fewer people you’re competing against.

Buyers this time of year are earnestly motivated buyers, especially here in Florida. With the homestead property savings, people have to close by December 31 to get that the following year, so that’s a huge motivator. Also, we have a lot of large corporations here in central Florida, and the higher executives tend to get moved around the company at the end of the calendar year. So, relocating residents are extremely motivated buyers.

Buyers this time of year are earnestly motivated buyers.

We also don’t deal with that some other parts of the country do. You don’t have to tromp around in the snow to go look at homes. In my opinion, if now is the right time for you to sell your home, it is a great time to sell in our market.

If you have any other questions about the market or real estate in general please feel free to give me a call or send me an email. I look forward to speaking with you.

Should You File for Homestead Exemption?

If you’re a member of the Pinnacle family who has bought or sold with us, you know that every January our agents send out a copy of the Settlement Statement to each of their clients from the past year. We do this so that you have those important papers when it comes time to file your taxes and potentially apply for Homestead Exemption.

If you don’t work with a tax professional, however, you may have received this paperwork and still have no idea what to do with it. So we’re breaking down everything you need to know about Homestead Exemption.

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Making Money in 2019: Should I Invest?

If your New Year’s resolution is to “make more money,” you’re in the right place. A great way to make money is investing in real estate, but it can be a daunting project for beginners. How exactly do you invest in real estate? How do you get started? Can someone help me?

We’re breaking down everything you need to know to get started!

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Voted #1 Top-Rated Workplace Culture!

Here at the Pinnacle Homes Group, we are proud that our brokerage is Keller Williams Realty. And we’re definitely not the only ones who feel that way, because, according to Indeed, Keller Williams has been voted the #1 workplace culture in America!

What benefit is this to you, you may ask? Today we’re breaking down why our agents are so happy, and what that means for our clients.

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Giving Gratitude: Pie Day 2018

At the Pinnacle Homes Group, it is a known fact that our clients are the best people on the planet. Without our incredible clients, we wouldn’t get to go to work every day doing what we love and helping so many members of our community fulfill their dreams of homeownership.

As our way of saying thank you, we kicked off the holiday season by handing out pies to nearly 200 of our clients just in time for Thanksgiving! Check out our video to see all the fun we had, and to hear what one of our very own clients had to say about his experience with the Pinnacle Homes Group.

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Selling Your Home During the Holidays: Should You Decorate?

We are almost at that time of year where the holiday decorations come out and neighborhoods are sparkling with lights and lawn decor. But if your home is on the market this holiday season, how do you know if you should decorate as usual or hold off? Can something as simple as holiday decorations affect the sale of your home?

The answer is yes, but it’s not so simple. We’re breaking down the do’s and don’ts of decorating your home during the holiday season without hurting the sale of your property.

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The Real Estate Market: What’s Really Happening?

It is very easy to get spooked by headlines like “Housing Market Shift or CRASH?” and “Big Shifts in the Housing Market Expected”. The fact of the matter is that the real estate market is certainly subject to fluctuation, just as the economy is. But before you let those headlines scare you into making abrupt and potentially unwise real estate decisions, take a deep breath and let us clue you in on what is happening and what you should really be expecting.

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