Improving Home Offer Without Increasing Dollar Amount

In part one of this two-part blog series, we went over some of the basics on how to improve your home offer without necessarily increasing the monetary amount. While offering more money is the simplest way to improve a home offer, there are other variables you can also alter to make an offer stand out from others to a seller facing several.

At Daybreak Living, we're happy to help with numerous parts of the homebuying process, from identifying ideal homes for sale to assistance with financing, such home offers and related areas. We've assisted a variety of clients with all the ins and outs of purchasing a home, including those who are offering in a competitive market and are trying to improve the quality of their offer in subtle ways. Here are a few…

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Same House…. Different Story

This home was built by the same builder and is the same floor plan in Daybreak. Both of these homes were listed in the summer with top real estate agents. However, the result is very different…

HOUSE A

Sold for $83,000 less Than House B!!! 4 months on Market. Had an extra Fireplace in Master and 2nd Kitchen in Basement. Same style of flooring and paint as House B.

 HOUSE B

goBE SOLD by Utah Dave! Sold for $83,000 More than the other listing! Sold in the First Weekend on market. 

When choosing a good Realtor to work with make sure you choose one that has experience and PROOF of RESULTS! Call 801-966-4000 to see more proof.

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DAYBREAK TOP SALES AGENTS!

Daybreak is one of our favorite places to sell homes! In fact many of our Realtors not only specialize in the area but they also live in Daybreak. The Daybreak community was ranked as one of the bestselling master planned communities in the United States for 2015 by real estate advisory firm RCLCO (Robert Charles Lesser & Co., LLC) and John Burns Real Estate Consulting.

In 2015, 415 homes were sold in Daybreak, which resulted in a 23 percent increase over 2014. Dave Robison and Julie Holmes were the Top New Realtor Home Sales in Daybreak for 2015. Since the beginning of January 2016, an amazing 67 homes have been sold. We are off to a robust start this year!

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Same House: different agent, different results.

EXHIBIT A: Listed with a different Brokerage

The home above was on the market 4 months and NEVER SOLD. Last listed at $339k (Below what we sold the exact home for shown below) This home has 3 tone paint, real hardwood floors, updated colors, and modern white kitchen with granite and backsplash. It's also partly fenced.

EXHIBIT B: Listed with Utah Dave @ goBE Realty

Meanwhile, this home sold for $340k in 3 weeks.   It only has 2 tone paint and brown colors. Formica counters throughout kitchen and upstairs instead of granite like the home above.​ Laminate hardwood not real hardwood floors. Also, no fence on this home as opposed to the partially fenced home that dind't sell. The only other difference between this home and the one above…

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goBE Realty Top Sales Team in Daybreak 2015

A huge shout out to our goBE Realty Sales Team. Yesterday at the exclusive Daybreak Awards Ceremony goBE Realty was awarded the Top Real Estate Office Sales in Daybreak for 2015. That's not all though; Utah Dave was awarded the Top Sales Agent for New Home Sales in Daybreak for 2015! We also sold a total of 65 homes in Daybreak in 2015 alone. In addition the goBE team sold a total of 170 homes from Davis, Salt Lake, and Utah Counties. Give a "like" to help us congratulate this amazing team. — with David Marrott, Ryan Aycock, Josh Mills, Barbara Neilson Mills, Dave Robison, Julie Holmes,Tammy Burton Casper and Durven Wilson.

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SAME HOUSE.... DIFFERENT RESULTS!

Same Builder... Same House... Same Area... Same Time on Market.... VERY DIFFERENT RESULTS

THEIRS: (LISTED WITH A DIFFERENT COMPANY: good experienced agent and brokerage)

On the market for almost 2 years!

Ended with a Lease Option for thousands less than ours. 

Fully finished basement with wet bar

Larger yard/ lot

More upgrades in Master Bath

OURS: LISTED with UTAHDAVE of goBE Realty

Offers within a few days!

Sold for $345k

Only a partially finished basement

Smaller lot than comparable home above

Utah is a non-disclosure state on sales price. To gain sold data on listings that aren't ours call 801-966-4000.

As you can see in the apple to apple comparison that you see above, the real estate…

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FHA Loans and the Impact of Purchasing Power and Purchasing Pools

FHA loan limits have increased! The FHA loan limits went from $304,500 to $312,800 in Salt Lake County. What dose this mean to buyers and sellers? If you buy in Salt Lake County with an FHA loan purchase price (typically putting down 3.5%) this makes your ​purchase power increase from last year approximately $8,000.

Something for Sellers to keep in mind: if you list your home for $325,000-$440,000 you are only making your home available to buyers that are able to put 5% down (this price range is above the 3.5% down FHA limit). However;  if you list at $325,000 you then add a plethora of buyers to your purchasing pool by including 5% down buyers AND 3.5% down buyers. This makes your home an option for many more buyers and your ability to sell that…

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Daybreak is Getting a New School in 2017

A new elementary school in Daybreak's Creekside Village is anticipated to open in the fall of 2017. Construction begins in the Spring of next year. The school will be located at approximately 10200 S and Kestrel Rise Rd. The Jordan School District is also slated to build a middle school on the same plat of land in coming years. The development of these schools are exciting news for current and future Daybreak residents. Building schools is a step in the right direction for the creation of more walkable neighborhoods within the community.

With South Jordan being ranked as one of the nation's fastest growing cities according to the U.S. Census Bureau, the promise of new schools is not only a convenience but also a necessary response to the growing…

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South Jordan homes Values: Today's Value and Next Year's Forecast

What not to ask when selling your home: "What is my home worth?" or "What will my home appraise for?"  This is not the right way to understand the value of your home. An appraisal is an estimate of value or to put it more simply; one person's opinion of the value of your home. As we all know that opinion is not necessarily fact, it's important to know that there is no such thing as an absolute number that your home is worth

Here's what happened to one seller of mine. The buyer's appraisal of their home came in $70,000 below list price. Yikes! After hiring 3 different appraisers on the same house all 3 came back with very different "opinions" of value. After 2 weeks of convincing the banks, the buyers, and the REALTORS, I was able to sell the home for…

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