Thirty years ago, the best – and perhaps only – way to quickly find a potential home was to make an appointment with a local real estate agent and search for promising listings together. Now, however, the searcher is at an advantage; according to a survey published by the National Association of Realtors in 2016, a full 44% of buyers searched online before reaching out to an agent. Listing information is literally at a buyer’s fingertips; with a few quick clicks or swipes, a buyer can see home options in her preferred neighborhood and come to a real estate agents with a few options already in mind.
Renovating houses for sale is all the rage on reality television. Dirt-cheap fixer-uppers turn with seeming ease into beautifully expensive homes on-screen, and audiences wonder if they can turn the same profit as their favorite on-screen stars. Unfortunately, the numbers are against aspiring home-flippers. When Jason Cohen of Jason Cohen Pittsburgh strategizes, he always reminds his advisees that 12% of flipped homes sell at a breakeven or loss price even before calculating for expenses.