Jen Gregory Realtor

Thinking of buying in one of Chattanooga’s four historic districts, or own a home in one of these districts?

Take a look at this first.
https://www.instagram.com/reel/DYfYR1eS5ik/?igsh=d2p6MWNjMGdwbHFk

New rules for Chattanooga’s four historic districts aim to make home additions and renovations a little cheaper and easier. A big change? Getting city approval to put in a backyard shed costs $40 rather than $190. Video by William Newlin

It was fantastic working with you Katherine!

Stay diligent folks

One in 5 homeowners say they’ve received a fraudulent message before closing. ⚠️

This week on Real Estate Today, we dive into the latest real estate scam trends, how AI is making fraud harder to detect, and the five growing scams buyers and sellers should know. Plus, get expert strategies to help safeguard your transaction and stay ahead of potential threats.

Tune in now on your favorite podcast platform!
https://www.nar.realtor/real-estate-today?utm_content=ret_teaser&utm_campaign=inf_26_ret-ret_social&audience=all&utm_medium=organicsocial&utm_source=meta

The data is beginning to show what many agents have been telling their sellers in the last year:
Price right from the beginning, not aspirationally.

A new Realtor.com survey finds 83% of sellers expect to get their asking price or higher, yet 39% anticipate needing to cut prices or offer concessions, up sharply from 30% a year ago.

"Pricing realistically from the start typically leads to faster sales, lower carrying costs, and stronger initial buyer demand, which put the seller in a better negotiating position and often result in a higher net outcome," says Denver agent Michelle Schwinghammer.

With three-quarters of sellers hoping to close within four months, the message for agents is clear: use this data to set realistic expectations early.

Read more: https://rltor.cm/E5RXpO