Should You Risk Selling Your Home Before You Find Another One?

There is one real estate cycle that scares people more than any other - and we are in it. When the inventory of available homes is low, home sellers have an unusual advantage. Sellers can set the terms and control the process because they don't have as many competitors, which means buyers have fewer choices. 

But here is the problem: You may really want a larger home, or a smaller home, or simply a different neighborhood, but in order to buy your next home, you have to sell your current one. 

The Question is: Do You Take the Risk of Selling Your Current House, Then Hope You’ll Be Able To Find Your New Home? 

As an agent, it is my role to strategically protect you while maximizing your advantages - even when you become a buyer in a seller-centered market. Let me explain and if you would like to talk about it in more detail, call or text me and we can explore my Risk-Free Sell Your Home Find Your Replacement Home Program…here is how it works.

STEP 1: You and I meet in person / on the phone / on video call and discuss the value of your home. We decide on a strategic price that will generate multiple offers. 

STEP 2: We effectively market your home so you receive the amount you want. 

STEP 3: We include in the contract with your new buyer that you have 14 days to find a replacement home. The new buyer is locked in for 14 days, with a significant earnest money deposit.

STEP 4: We quickly find your next home.

STEP 5: If we don’t find the replacement home in 14 days, the buyer is released and you are not obligated. Or you find the perfect replacement home and we let the buyer know that you are removing that condition, and we choose your move-in date. 

Right now, sellers do not want risky offers. Experience shows sellers will accept the best offer with the fewest number of conditions – like needing to sell your house before buying their home. With the Risk-Free Sell Your Home, Find Your Replacement Home program, my role is to shift risks away from you and use your assets to make you the strongest negotiator. 

So think about that for a moment... 

Imagine what that would look like to have nine offers on your home, lock in a buyer so that you can go out and actively look for your dream home, and if you didn’t find anything, you just stay where you’re at. No harm. No worries. Let me know what you think about this, or feel free to share this new program with those you care about. 

Hope you are well... let’s talk soon!

Thinking about Buying a Home?

Check out our helpful 

 Buyer's Guide

Great info and answers regarding:
* Why do you need a buyer's agent?
* What a buyer's agent does
* The Process of Buying a Home
* Financing Your Home
* Glossary of  Terms

New Ellicott City Listing!

Check out this gorgeous 6 Bedroom, 3.5 Bath 
Classic Colonial in Ellicott City!
Beautiful Classic Colonial situated on a large 1.12 acre flat lot. Enjoy the wonderful Gaither Hunt secluded neighborhood yet still be "close in" to everything! This grand home boasts over $120,000 in upgrades! You will be amazed to see the stunning kitchen completely re-done in 2018. It features cream colored pewter glazing custom cabinets, Jenn Air 42 inch Stainless Euro Style refrigerator, Kitchen Aid Stainless 5 burner gas cook top plus dual stainless ovens complimented by a custom cook top ventilation system. Enjoy stunning pendant and recessed dim-able lighting package. Under cabinet lighting highlights natural stone granite counters featuring pewter, chestnut and cream colors with waves and swirls that tumble diagonally across the slab. Select engineered Maple 7 inch plank flooring gives that special down home feel. Enjoy the large walk in pantry with built in shelving with loads of storage . The open floor plan ties the kitchen and the bright family dining area to the large family room with gas fireplace. Moving outside enjoy the expansive Trex deck with Pergola flowing nicely to a stone patio and beautiful landscaping. Second level boasts huge master bedroom with double walk in closets and large master bath. So much space! Lower level features an extra large and open recreation room big enough to accommodate any fun get together. It also has a monster 5th bedroom along with full bath and loads of storage. The three car garage boasts custom epoxy floors and recently replaced insulated doors. So much room!! This home has been lovingly maintained and shines everywhere. As a bonus there are open vistas across the street with a fun walking area to a pond. You'll love discovering all the secrets to be found at 11016 Dorsch Farm Rd!

for even more details and pictures!

How Covid-19 Impacts Maryland Real Estate

To Our Clients and Advocates:

As your trusted real estate experts in Maryland we want to update you about the current state of the real estate industry in the face of the Covid-19 virus. Everyone is doing their best to keep business going while following recommended social distancing practices.

Many clients have shared with us the importance of continuing the process of buying, or selling, because life doesn’t just stop. New jobs, transfers, and life changes all still occur in this time.

We are here to let you know your whole life does not have to come to a grinding halt. If you need guidance we are here as your trusted real estate advisors. 

Modern technology helps us proceed with caution and safety…

Contacting Us:  You don’t need to meet with us in person.  We can connect through your mobile device or computer.  A video call is almost as good as meeting in person for the initial consultation.

Paperwork: We have the capability of reviewing and signing all documents digitally. It’s quick, easy, and secure, from contract to settlement.  Your lender will probably offer the same services as well.

Open Houses:  Open Houses might not be popular, but together we can work out a plan for viewing homes that you want to see.  If you’re selling your home and want to do an Open House, we will carefully screen people before they come into your home to make sure they’ve been pre-qualified. We can limit appointments to fit your needs and comfort level. We also have excellent cleaning services we can recommend after a day of traffic from private showings. 

In previous weeks we were seeing low inventory of homes on the market and lending rates at their lowest.  It was win/win for both Buyers and Sellers.  Now we may have to wait and see, but if your circumstances don’t allow for that, we are here to guide you through the process to give you the best outcome.  This is always how we’ve done business and will continue to do so.  At your pace, when you’re ready.

Through all of this if you know if someone who has important questions about home buying or selling, feel free to call me. Take out your phone and let’s have a conversation about how I can share important information with those you care about.

Boyd McGinn
Associate Broker