Knoxville Real Estate Podcast with Brandon Hutchison

How to Win a Bidding War in Knoxville

brandonhutchison@kw.com (Brandon Hutchison) — Mon, 22 Feb 2016 10:35:00 -0800

Looking to buy in Knoxville? Get a full Home Search
Looking to sell in Knoxville? Get a free Home Price Evaluation

It can be tough to be a home buyer in a multiple offer situation. So, how can you stand out to make your offer more desirable?

My first piece of advice is to get pre-qualified for a mortgage loan. This gives the seller a sense of security because you have proven that you can purchase the home. It makes you nearly equal with a cash buyer, but this also allows you to find out what you can afford to purchase. Most sellers won’t even look at an offer without a pre-qualification.

Another good thing to do is put down 20% on a home, or put a larger amount of earnest money down. Not everyone can afford to do this, but if you have the financial clout, I would recommend it.

It’s also not a good idea to make an offer with a lot of contingencies. You want your offer clean, and sellers don’t like to muddle around with contingent offers. You can consult with me on how to make the cleanest and most attractive offer.

If you want more advice on how to make the best offer and win the home of your dreams, then don’t hesitate to reach out to me!

Keller Williams Realty
11121 Kingston Pike, Ste. C
Knoxville, TN 37934
865-966-5005
Each Keller Williams Office is Independently Owned & Operated

What Do Recent Knoxville Market Trends Mean for You?

brandonhutchison@kw.com (Brandon Hutchison) — Wed, 30 Dec 2015 10:54:00 -0800

Looking to buy in Knoxville? Get a full Home Search
Looking to sell in Knoxville? Get a free Home Price Evaluation

What happened in 2008 when the market crashed, and what does it mean for us? Well, in a nutshell, property values plummeted and a lot of people lost the equity they had gained up to that point.

From 2006 to 2007, we saw 15,757 properties sell. Year to date, from 2014 to 2015, we've seen 16,000 homes sell. Compare that to the 2010 to 2011 time period, where we only saw 9,563 homes sell. It's safe to assume that our market is on solid ground once again, as we've seen home sales increase year over year since the bottom of the crash.

We're expecting an even greater year next year, so it's a great time to buy or sell in Knoxville. Once the spring hits, you can expect a seller's market, making it a great time to get great value for your home!

If you have any questions about market conditions or if you need real estate assistance, please don't hesitate to reach out to us. We would love to hear from you!

Keller Williams Realty
11121 Kingston Pike, Ste. C
Knoxville, TN 37934
865-966-5005
Each Keller Williams Office is Independently Owned & Operated

Happy Thanksgiving, Knoxville!

brandonhutchison@kw.com (Brandon Hutchison) — Wed, 25 Nov 2015 10:35:00 -0800

Looking to buy in Knoxville? Get a full Home Search
Looking to sell in Knoxville? Get a free Home Price Evaluation

Today, I just wanted to take a moment to wish everyone a great Thanksgiving. I hope everyone has a great holiday this year.

Sometimes, we take for granted all the small things in our lives. This year, take it all in and appreciate those small things because you never know what tomorrow brings.

From my family to yours, happy Thanksgiving and God Bless!

Keller Williams Realty
11121 Kingston Pike, Ste. C
Knoxville, TN 37934
865-966-5005
Each Keller Williams Office is Independently Owned & Operated

Avoid These Common Mistakes in Knoxville

brandonhutchison@kw.com (Brandon Hutchison) — Thu, 29 Oct 2015 11:52:00 -0700

Looking to buy in Knoxville? Get a full Home Search
Looking to sell in Knoxville? Get a free Home Price Evaluation

Today, we’ll review common mistakes when purchasing new construction properties.

You go directly to the listing agent. This isn’t a good idea, because an agent has been hired to represent the seller’s best interests. Regardless of what they say, they’ll provide information to the seller. For instance, they could suggest a higher price if you reveal how much you’ll offer. Always hire a Realtor to represent you.

You don’t conduct research on the property. You don’t want to get into a subdivision that’s not growing, for instance. You should be conducting research about the area. Make sure the research you conduct contains survey copies. It could be a big mess if you miss this important step!

You don’t read the fine print. A lot of people don’t investigate the fine print. They sign blindly. They listen to the listing agent and take their word for it. I challenge you to ask questions and understand the fine print! We can help you through this process. The last thing we want is you not feeling comfortable about such a major decision. Study timelines to avoid confusion and missing deadlines. There are a lot of details you could miss.

If you have any questions or comments, reach out and give me a call. You can also email me, too! I would love to hear from you!

Keller Williams Realty
11121 Kingston Pike, Ste. C
Knoxville, TN 37934
865-966-5005
Each Keller Williams Office is Independently Owned & Operated