What Sets Realtors Apart From Normal Agents? Some people think that all real estate agents are Realtors. What makes a Realtor different than a real estate agent? A career in real estate is complicated enough, and many brokerages require their agents to become Realtors, but it’s not legally required. So, your Realtor is a real estate […]
How We Do Things at The Stern Team “People don’t care how much we know until they know how much we care.” Since 2002, that’s been our motto at The Stern Team. Today we asked our own employees how we uphold this motto. In the video above, you can get an idea of what it’s […]
Where Buyers and Sellers Stand in Our Market What’s been happening the last 60 days across the Wasatch Front market? Single-family homes are entering market much more slowly than buyers would like. Only 1,532 have been listed since January 1st. Compare that to the nearly 25,000 homes that sold in 2016 and you can understand their […]
You’re Invited to Our Death By Chocolate Party! We have a very important message for you today. We want you to come to our Death By Chocolate party on March 7th from 5 p.m. to 8 p.m. “Join us on March 7th from 5 p.m. to 8 p.m.” This is a party we put on […]
What Is a Bridge Loan? What is a bridge loan? Bridge loans are popular when you are purchasing another home before selling your current one. In that scenario, there are two common ways to find the down payment for the new home. One way is financing through a bridge loan and the other is a […]
Here’s Why Glenn Beck Endorses Our Team We’re excited to announce our team’s latest endorsement. This one comes from nationally syndicated radio host Glenn Beck. He had some great words to say about our team and about our home sale guarantee program. “We are proud of our guaranteed sale program.” In case you haven’t heard of […]
What to Expect When You’re Inspecting Today I am joined by Fred Larsen from Pillar to Post Home Inspection to answer some common questions about home inspections. So what should you expect when you’re inspecting? The most common issues found during home inspections are water related. Water can get into the house by grading and draining […]
2016 Wasatch Front Market Report Here’s a look at what is happening in the Wasatch Front real estate market. As the year comes to a close, it’s time to take a look at the 2016 report card for the Wasatch Front home sales. The Wasatch Front sales volume for single-family homes is nearly the same […]
Our Client Appreciation Event Was a Huge Success Our recent client appreciation event was a huge success. It was a great opportunity for a mid-week date night with your spouse, or just an escape from the day to day. We were thrilled that so many of you were able to come out and enjoy the movie […]
The Top 6 Reasons to Sell Your Home During the Holidays Should you sell your home during the holidays? I believe the answer is yes, and here are the top six reasons why: You will face less competition. There are fewer sellers on the market this time of year, which means your home will have fewer […]
The Tale of 2 Markets A couple of weeks ago, I did a market update for our local radio station KNRS. As I was preparing the data for the show, I realized that we had a tale of two markets on our hands. You see, if we look at the availability of all the housing […]
How We Sold an Expired Listing in Less Than 2 Weeks We recently sold a property for more than list price in less than two weeks. Prior to working with us, these clients had their home on the market for over six months before the listing expired. During that time, the property had six showings […]
Do You Want to Buy a Fixer-Upper? Today I have a few tips for buying a home that needs work. There are different types of fixer-uppers out there and some need more work than others. The way you pursue a purchase offer on the home most likely depends on which fixer-upper category it is in. […]
Using Football to Explain Your Home’s Closing How does football relate to the closing of your property? The analogy we’ve come up with makes a lot of sense, and we hope it will help shine some new light on the process for you if you’ve been thinking about selling. For this analogy, let’s say we […]
Which Updates Won’t Add Value to Your Home? When updating or renovating your home, you may be under the impression that making major renovations to your property will net you more money on the appraisal. This may not always be the case. In fact, some improvements may not increase your home’s value at all, leaving […]
How Do We Know Our Market Is Strong? What are the signs of a strong housing market? We’re here to tell you. It all starts with the economy. Right now, there’s really only one portion of our economy that’s firing on all cylinders, and that’s the housing market. New home sales are currently at their […]
When Should Sellers Respond to Offers? The question of when you should respond to an offer as a seller is one we get quite frequently, especially in a market like this. Most agents are advising their clients to hold off on responding to offers until after the first weekend they’ve listed, in which an open […]
Beat the Wasatch Market With These Eight Tricks The law of supply and demand in real estate is irrefutable. It’s important to understand. Generally, if there’s a low supply and a high demand, price will be high, of course. In contrast, the higher the supply and the lower the demand, the lower the price. So […]
How Inventory Affects the Wasatch Front Market There are eight things that we feel you can do to compete to get the home you want in the Wasatch market. Be informed. If there’s a specific neighborhood, community, or builder you’re interested in, start researching and following them on social media and set up Google alerts. […]
Don’t Skip This Inspection When Buying in Salt Lake County Today, we are going to talk about inspecting your sewer line before you buy your home, especially if you are buying an older property. The last thing you want to do is spend an additional $2,500 to $10,000 after you’ve moved into your new house […]
Why Was Your Offer Rejected? If you make an offer on a home on The Wasatch Front, there’s always a chance it will get rejected. To decrease the chances of getting your offer rejected, we are going to give you four different reasons why your offer could get rejected. Your offer price was too low. […]
Who Pays Closing Costs in Salt Lake City? Today, we’re going to talk about closing costs. What are they, and who pays them? Closing costs are fees that are associated with the closing of the transaction. That’s when the title of the property is transferred from the seller to the buyer. Closing costs are incurred […]
What Not To Do When Selling in Salt Lake County Today, we’re going to talk about what not to do when selling in the surrounding Salt Lake County area. First of all, don’t set an unrealistic price. The market is hot right now, so it can be tempting to set an extremely high price for […]
Five Reasons to Hire a Buyer’s Agent When selling, there are many reasons why you should hire a buyer specialist and a showing agent team to go to work for you in 2016. Today, we share the five best ones: First to the property. Because of low inventory in our area, you have to be […]
How Can You Avoid Wasting Money on Valueless Home Improvements? When you’re choosing what home improvements to invest in, it’s important to know what types of improvement will bring you the highest value. Here are the five safest bets when it comes to making worthwhile improvements. Kitchen. This is the center of attention in any […]
7 Deadly Mistakes for Salt Lake County Home Sellers Selling your home is one of the most important steps in your financial life. Today, we’ll go over the seven deadly mistakes most home sellers make. Knowing these mistakes will help you maximize your profits, maintain control, reduce stress, and help you make good decisions with […]
What Do Interest Rates Mean to You as a Buyer in Salt Lake County? Today, we’ll talk about what rising interest rates mean for you as a buyer in the Wasatch Front. We know that the Federal reserve Chairman, Janet Yellen, has increased the Federal Reserve rate. What we also learned at that time was […]
How to Sell for Top Dollar on the Wasatch Front There are 4 common strategies that most sellers use to price their homes. It is unwise to assume that a higher asking price will net you a higher selling price. In fact, this equation works in reverse if you’re not paying attention to what the […]
Don’t Miss Out on the Winter Selling Season on the Wasatch Front A lot of people think that the real estate market freezes up through the winter and during the Holiday season. However, people are always buying and selling homes. The market never just disappears. Today I have seven great reasons why you should consider […]
Extreme Tactics to Get Your Dream Home When the real estate market gets tough and you’ve found a home that you absolutely love, then it might be time to take some drastic actions in order to secure it. I have three things that you can do to improve your chances of buying your dream home. […]
Common Mistakes to Avoid When Selling a Home Many people are getting ready to put their home on the market this holiday season, so today we wanted to talk about the most common mistakes when selling a home. We want you to avoid these when it comes time for you to sell, no matter what […]
What Should You Know About TRID? Today, we’ll talk about the TRID Mortgage Disclosure Form, which affects both buyers and sellers. This new integrated disclosure rule is the Federal Government’s attempt to clean up and simplify the mortgage closing process. It helps make things easier to understand for buyers. The rule has a good basis, […]
How Will Rising Interest Rates Affect Wasatch Front Home Values? Do rising interest rates affect home values on the Wasatch Front? The answer might surprise you. Many people are wondering whether they should sell now or wait until the spring season arrives. Here’s something to think about if you are asking yourself that question: when […]
How Can You Use Crowdfunding to Invest in Real Estate? Today we are going to talk about real estate investing, crowdfunding style. This morning, when I woke up, I went online and researched crowdfunding in real estate. What I began to notice is that there are dozens of platforms for individuals to begin investing in […]
Why Should You Get a Home Inspection? I find most folks are willing to take a used car to a mechanic to look it over before they purchase the car. They probably spend about $150 to do this, and the car may cost between $5,000 and $10,000. So, why wouldn’t you consider having your home […]
How Will the FHA Guideline Changes Affect You? Today we’ve got a special guest joining us, Mandi Henriod of Veritas Funding who is going to talk to us about some guideline changes that are coming for FHA loans that you should be aware of. There are two things you really need to know about, and […]
