Real Estate Information, Delaware Real Estate Expertrs, Avoid Foreclosure in Delaware, Short Sale Information, Selling a Home In Delaware, Buying a Home in Delaware, Newark, Bear, Wilmington, Middleto

TEAM SORDELET BLOG

The Team Sordelet Realty Group

Blog

Displaying blog entries 1-10 of 306

How Come My House Did Not Sell?

by The Team Sordelet Realty Group

We hear this all the time.....

My house was listed for sale by an agent that did the same thing that everybody else does.  He/She took some pictures, they put it on the MLS and they put a sign out front......

WHY DID IT NOT SELL?

After my old agent put the sign out front we never heard from them again, until it was time to extend our listing agreement...

Take a look at the informative video that we put together to help explain the process and WHY your home did not sell!

Not every agent is the same.  You should know that by now.  

  • Some agents are FULL TIME and other are NOT.
  • Some agents have experience selling many homes each year, MOST DO NOT!
  • Some agents invest in their business to ensure Success For Their Clients!  Most Agents Stick a Sign in the ground and take a couple of crappy pictures.
  • Very few agents utilize the internet to attract every possible buyer. (this drives up sale price for you)

What Caused your Home Not To Sell?  Was it the:  LOCATION, CONDITION or PRICE of your home?

at 42 seconds into the video we will show you one of 2 reasons why your home did not sell:

‚Äč
If you would like to set up a 15 minute phone consultation, click on the link: https://calendly.com/dsordelet/15-minute-phone-call
To See What your Home Is Worth:  mydehomevalue.com 
-- 
Co Founder TS Realty Group
Real Estate Consultant
302-613-4228
Click to Schedule a 15 Minute Phone Consultation: bit.ly/2gvOEno
 
BHHS Fox & Roach, REALTORS - 850 Library Ave Suite 106 - Newark, DE 19711
Administrative Assistant | Nara Padilla
302-530-3023  nara@teamsordelet.com
 

426 Spring Hollow - Middletown Luxury Home For Sale

by The Team Sordelet Realty Group

Be Sure To Visit 426springhollow.com

Stunning Colonial in the Esteemed Parkside Community

PROPERTY DETAILS: 5 Bed 4.5 Bath 3 Car Garage $614,900
 
PROPERTY DESCRIPTION

O P E N H O U S E Sunday June 19, 2016 1-3PM Welcome home to the rare 426 Spring Hollow Drive located in the esteemed award winning community of Parkside, only available due to a job relocation. This delightfully expansive home is located on a premium lot that backs to lovely trees along a quiet, tree-lined street. Inside greets you with soaring two-story ceilings allowing abundant sunlight to stream in both the grand open foyer and family room with stunning stone fireplace. The large kitchen boasts new stainless steel appliances, granite with center island, hardwood flooring, and sunny morning room. The living room has yet another fireplace, two-sided, opening to the beaming conservatory. Five impressive bedrooms are found on the second and third stories, with a truly spacious owner's suite showcasing a 3 sided fireplace, sitting area, 2 walk-ins, and a tiled 5 piece gorgeous bath with 2 large vanities. A large princess suite with full bathroom and 2 additional bedrooms with shared bath are on the second floor, with the third floor suite featuring an attached extensive room wired for a ceiling fan and full bath. Other amazing features: 3 car turned garage, 2nd floor laundry, 3 zoned HVAC, massive walk-out basement with plumbing roughed-in for a bar area and bathroom (endless possibilities... and currently endless storage!), custom fit blinds, brick paver patio, new garage door opener, large study with French doors… plus much more. In addition to this great home on a premium lot, the award winning PARKSIDE neighborhood is a highly desired place to live. From the playgrounds and tennis courts to the clubhouse and pool. You will not be disappointed! Stop in to see this luxurious listing today.

CONTACT INFORMATION
The Team Sordelet Realty Group
BHHS Fox & Roach Realtors
850 Library Ave, Suite 106
Newark 19711

Phone: Direct: 302.635.1044
Fax: 302.295.9962
http://www.teamsordelet.com/
ADDITIONAL IMAGES
 
 
 
 
 
 
 
 
 
 
 
 
 

215 Marjoram Bear, DE - New Listing

by The Team Sordelet Realty Group

CHECK OUT OUR NEW LISTING

Open House Sunday May 15 1-3pm

 

215 Marjoram is a very well cared for 5 bedroom home with 3 full bathrooms and 2 half bathrooms.  A large corner lot and a side loading three car garage and a walk up basement.

For more information or to schedule your very own private showing call us today 302-635-1044

 

Nanny Suites - What are your thoughts?

by The Team Sordelet Realty Group

What are your thoughts on the NANNY SUITE?

 

 

NEW LISTING 243 Anita Ct

by The Team Sordelet Realty Group

 

 

136 Rodney Dr New Castle

by The Team Sordelet Realty Group

check out our new listing.  Take a couple of seconds and see what all the hype is with 136 Rodney Dr New Castle.

 

 

Two Brand New Listings by TEAM SORDELET

by The Team Sordelet Realty Group

Here are two new listing videos for you to view.  There will also be open this Sunday, October 11.

 

236 Keller Beyer New Castle, DE 19720

 

 

927 Honey Locust Smyrna, DE

Selling Your House? Price it Right Up Front

by Keeping Current Matters

Selling Your House? Price it Right Up Front | Simplifying The Market

In today’s market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. Sellers often want to price their home higher than recommended, and many agents go along with the idea to keep their clients happy. However, the best agents realize that telling the homeowner the truth is more important than getting the seller to like them.

There is no “later.”

Sellers sometimes think, “If the home doesn’t sell for this price, I can always lower it later.” However, research proves that homes that experience a listing price reduction sit on the market longer, ultimately selling for less than similar homes.

John Knight, recipient of the University Distinguished Faculty Award from the Eberhardt School of Business at the University of the Pacific, actually did research on the cost (in both time and money) to a seller who priced high at the beginning and then lowered the their price. In his article, Listing Price, Time on Market and Ultimate Selling Price published in Real Estate Economics revealed:

“Homes that underwent a price revision sold for less, and the greater the revision, the lower the selling price. Also, the longer the home remains on the market, the lower its ultimate selling price.”

Additionally, the “I’ll lower the price later” approach can paint a negative image in buyers’ minds. Each time a price reduction occurs, buyers can naturally think, “Something must be wrong with that house.” Then when a buyer does make an offer, they low-ball the price because they see the seller as “highly motivated.” Pricing it right from the start eliminates these challenges.

Don’t build “negotiation room” into the price.

Many sellers say that they want to price their home high in order to have “negotiation room.” But, what this actually does is lower the number of potential buyers that see the house. And we know that limiting demand like this will negatively impact the sales price of the house.

Not sure about this? Think of it this way: when a buyer is looking for a home online (as they are doing more and more often), they put in their desired price range. If your seller is looking to sell their house for $400,000, but lists it at $425,000 to build in “negotiation room,” any potential buyers that search in the $350k-$400k range won’t even know your listing is available, let alone come see it!

A better strategy would be to price it properly from the beginning and bring in multiple offers. This forces these buyers to compete against each other for the “right” to purchase your house.

Look at it this way: if you only receive one offer, you are set up in an adversarial position against the prospective buyer. If, however, you have multiple offers, you have two or more buyers fighting to please you. Which will result in a better selling situation?

The Price is Right

Great pricing comes down to truly understanding the real estate dynamics in your neighborhood. Look for an agent that will take the time to simply and effectively explain what is happening in the housing market and how it applies to your home. You need an agent that will tell you what you need to know rather than what you want to hear. This will put you in the best possible position.

Delaware Real Estate Agents Share Transaction Knowledge

by The Team Sordelet Realty Group

Because real estate agents in Delaware see everything in the market, we have a pretty good idea about why some houses sell (and why others sit on the market for years).

Whether as buyer or seller, anyone planning to enter the Delaware Real Estate market this summer can benefit from some of the tactics and factors that local real estate agents keep in mind when as they go about the business of making home sales happen:


When Speed Matters…
When the overriding goal is a quick sale, leading with a price slightly lower than what comparables suggest it is really worth is the surest tactic. When a home is priced at only a fraction below market value, real estate agents know it will draw much more attention than higher-priced neighbors. Most sellers have a built-in resistance to the very idea!—often because aren’t aware of how a home loses fair value as it sits on the market. Pricing a listing slightly lower right out of the gate can mean minimizing the likelihood of a lengthy DOM (Days On Market)—and the possibility of a disappointing final sale price.


Preapproval: It’s Not Final Approval
Most real estate agents in #Delaware have seen this more than once: a buyer who is preapproved for a mortgage begins running up credit cards in preparation for the move into their new home. Because lenders often re-examine a homebuyer’s credit during the closing proceedings, the result can be a higher than originally quoted interest rate, or even an outright denial. IOW, it’s wise to continue to spend frugally until keys are in hand!


It’s a Long Process
Real estate agents know that selling a house takes a finite amount of time, beginning with preparation, through marketing, then paperwork, then finally, closing…and that’s not counting any unexpected turns-of-events that sometimes just happen. Whether you are buying or selling, it pays to be mentally and emotionally prepared to remain as flexible as possible with all the other ongoing events in your life until the transaction is a done deal.


If you’re considering buying or selling a home in Delaware this summer, there’s every reason to start preparing as early as possible. Contact me for an initial consultation—we can set up a timeline that will be the first step in keeping you well informed from start to finish!

You can reach David Sordelet directly by dialing 302-613-4228 or by email: david@teamsordelet.com


Who You Work With Matters!

Just any agent can stick a sing in your yard or show you houses.  The best real estate deals are done with real estate agents who take pride in their business, keep current on all the aspects of real estate and know their market. 

What type of representation do you want?

The Team Sordelet Realty Group & Berkshire Hathaway Home Services

850 Library Ave, Suite 106

Newark, DE 19711

A Piece of Newark History: The Deer Park Tavern

by The Team Sordelet Realty Group

                                   

Newark locals know the Deer Park Tavern as a place to grab food, drink, or listen to some local music at this nightlife hotspot. However, with it’s rich history, Deer Park is much more than just a tavern.

Originally built in 1764 as St. Patrick’s Tavern, Deer Park came to be after a fire destroyed the original building. Famous guests include George Washington, Charles Mason and Jeremiah Dixon, the men who established the Mason-Dixon line.

Perhaps the most famous guest to stay at the Tavern was Edgar Allen Poe. Proud of the connection with Poe, Deer Park based their logo off his poem “The Raven”, and named the food truck that resides outside the restaurant “The Roaming Raven”.

In addition to housing some of history’s great names, Deer Park is rumored to have been a stop on the Underground Railroad. Deer Park was added to the National Register of Historic Places in 1982, and continues to be an illustrious part of Newark History.

These days, many Newark locals and University of Delaware stop by the Tavern to enjoy drink specials, food including a popular weekend brunch, and nightly DJ’s and live music.

Displaying blog entries 1-10 of 306

Syndication

Categories

Archives

Contact Information

Photo of The Team Sordelet Realty Group Real Estate
The Team Sordelet Realty Group
BHHS Fox & Roach Realtors
850 Library Ave, Suite 106
Newark DE 19711
Direct: 302.635.1044
Fax: 302.295.9962

TWO NAMES YOU CAN TRUST

 

BHHS office 302-368-1621