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Our mission at Yoder Real Estate is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

How to Get More Money for Your Home by Following the Rule of Price Bracketing



Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation
Call me at (616) 942-2449 for a FREE home buying or selling consultation

Today, I want to address a topic many Grand Rapids residents are very curious about: price bracketing.

There are a lot of agents getting their licenses back now that the market is starting to recover. With so many agents out there, it's difficult to tell if you hired the right agent. 

The majority of homes that don't sell are homes that aren't priced well. If your home is overpriced by even a small margin, it could cause your home to be in the wrong price bracket. If this happens, you won't get the right eyeballs, if any, on your home and it will sit on the market for a prolonged period of time; as we all know, a stale listing usually sells for quite a bit less than it would have if it was priced right from the get go. 

When buyers look for homes, they search by price brackets. If your home is just outside of the proper bracket, the kind of people that would actually buy it won't know it exists. 

In order to avoid having this happen to you, give us a call or shoot us an email. We are experts when it comes to pricing and would love to help you get your home sold quickly and for top dollar!

How Can You Make a Smooth Transition in Grand Rapids?



Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation
Call me at (616) 942-2449 for a FREE home buying or selling consultation

Hello, and welcome to another episode of KevinYoder.TV! Today, we want to address a dilemma many homeowners find themselves in: not knowing what to do when you can't sell your current home until you find a new one. 

Inventory is quite low right now in Grand Rapids. Since our market began to recover a few years ago, most homeowners have recovered enough of the equity they lost in the crash and are ready to make their move. The problem is that there are not enough homes on the market! Inventory usually picks up in early summer, but at this time there just isn't much to choose from.

The key question you need to ask: Do you absolutely need to sell in order to buy?

Are you a cash buyer or someone who needs to sell their home first in order to get a mortgage? Most homeowners need to sell first, but don't have the right strategy; they want to find their dream home and submit an offer that is contingent on getting their current home sold. It's important to note that contingent offers aren't worth the paper they're written on, especially in this market!

The home that you write a contingent offer on is still available on the market. So, while you think you've found the right home, there is a chance other buyers will come along and make a better offer, and you could lose the home as a result. 

Your best course of action is to get your home on the market! Getting your current home under contract will give you leverage once you find a new one - you'll be able to place a confident, competitive offer on your next home! It sounds difficult, but in a market like this you need to be bold!

If you have any questions about making a smooth transition in our marketplace, or if you need real estate assistance of any kind, give us a call or shoot us an email at any time. We would love to help you make the most of this market!