Real Estate Blog - Precision Home Group

Three Tips for Buying a Home During the Holidays - Anchorage, Alaska

The home buying process is, by nature, a very involved process -- moving locations, adapting to a new environment, finding the needs of yourself and family members… However, buying during the holidays has its own set of obstacles. Here are a few tips for making the most of your move.

• Baby, It’s Cold Outside

Buying a home during winter definitely has its perks, but the cold is not necessarily one of them. To make the most of your time - do the research on what you need from a home before going to look at them.

Research the properties that peak your interest and confirm that it has your "must haves", it fits within your budget and it genuinely looks like a place you could see yourself in. This is a simple way to check houses…

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Is This Neighborhood Right For Me? - Anchorage, Alaska

Location, location, location! There are many things you can change about a home, but this isn’t typically one of them. There are no “perfect homes”, every home has its quirks. Find out what is most important to you and what are areas you are willing to compromise on.

Be ready to move quickly when you find what you want. Losing the opportunity to move on your dream home can be heartbreaking.

Pay attention to floor plans, would a particular layout work for better for your lifestyle?

Always do a home inspection. It will save you in the long run.

Vacant homes may appear bigger than they are. Use your phone to take photos, notes or videos of the properties to review later. Property details can blur together after several home viewings.

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Boston Hoppman - Four Feet From the Finish Line - Alaska Realtors

Every Realtor wants a quick sale, an easy transaction that is as stress free as possible.

Our team does everything within our power to exceed these expectations for our clients. However, every property, homeowner, and situation is unique, and listing a home it’s not always as straightforward as you might think.

Last summer, we listed a triplex and got an offer for our client in 14 days!

Everything was looking great and running extremely smooth, until about three days before the closing date.

We got a call from the title company saying that we wouldn’t be able to close because the carport extended over the property line, by matter of about four feet. 

My client could not extend the closing date because he was due to leave the country for…

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A Note From Matt - Associate Broker of Precision Home Group

Today, we are faced with unprecedented times and new levels of uncertainty.

 So, why send out our first newsletter today? Because now more than ever there is a need for positivity and good news -- for hope.

Federal and State governments have deemed real estate an essential business. We are so grateful that Precision Home Group is still operational and are truly blessed to be able to work and do not take that lightly. We have used the recommended precautions to maintain operations at our office and plan to do so as long as possible. We want you to know that we are here to work for you no matter what and you can always rely on the Precision name!

 We are no strangers to challenge.

 We will get through this together. 

…

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Play the Bigger Game - Precision Home Group

Once you start talking about real estate investing, everyone wants to join the conversation. There are a lot of opinions thrown around on how to do it, personal experience, and maybe even their family’s strategy for investing.

At Precision Home Group, we base everything off of facts and thorough research. We make sure to fully understand an investment, before we present it to potential clients for sale or purchase. We make sure that whatever deal we put our name on is well thought out, ran efficiently and well represented.

Overall, we have seen a trend of people purchasing small deals, and trying to make a quick buck through flipping, wholesaling. We have also seen an increased utilization of people trying to invest with other people's…

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Be Unreasonable With Your Investments - Precision Home Group

Too often, I see people who want to start investing in real estate too soon. Everybody knows that real estate is a great investment for many reasons, but many people don’t know how to do it properly. Because of this, I see people invest in many different types of deals at varying results. The masters in the investing game are unreasonable about their investments and you should be as well.

As an inexperienced investor, you will see a lot of potential deals that all may look like a great deal. However, before you start investing, you need to analyze many deals and create your own requirements for investing. Those requirements should include things like your desired rate of return, location, how long you intend to hold the deal, knowing and…

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5 Things to Know About a Letter of Intent (LOI) - Alaska Real Estate

When looking to lease or purchase a commercial property, you want to start the process by walking the property, looking at financials and making sure the property use fits your needs. The next step is to submit a letter of intent, or LOI, to start the process of negotiating terms with the property owner. Below are five things to be addressed in the LOI.

1. Purchase Price and Terms

One of the first things that the owner will want to know is what the buyer is paying for the property. This can come in a variety of different ways, but at the end of the day it needs to be specific how the price is going to be settled.

In a lease, this is typically calculated in a dollar amount per square foot and will have a set percentage escalated…

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Updates vs. Maintenance - Alaska Real Estate

We work with a lot of people who want to sell their homes. One of the most common questions we get is in regards to home value, and recent renovations and maintenance.

Many people think that because they recently had their roof, furnace or other items replaced, they can include that cost into the price and recoup some of that expense.

Additionally, people ask about their remodels and renovations and how that influences the price of their home. Let’s dive deeper into this topic and explain what items affect price.

How Are Homes Priced?

Before we begin talking about how maintenance and updates, let's talk about how homes are valued. Homes are priced based on the sale of recent comparable home sales that are similar and in close…

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Precision Home Group Sells Homes 44% Faster Than the Industry Average! - Alaska Real Estate

We have just finished collecting data from over the last 12 months and have the statistics to prove that we sell homes 44% faster than the average industry days on market.

Here in Anchorage, Alaska our current average days on market for single family homes is 45 days, while for Precision Home Group it is only 20 days. We are able to do this because of three things: marketing, agents and knowledge.

Precision Home Group’s marketing is the best real estate marketing in all of Alaska. We achieve this by using the best technology, all platforms and staying on the cutting edge of trends, while knowing what works in our market.

We begin by using professional photography which is sourced in house, which means we have our own photographer on…

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“We Can't Sell During the Winter” - Anchorage, Alaska

I talk to people everyday about buying and selling homes. This is one of the most common objections and myths I hear, from about August until March. Alaska is a very seasonal place and things typically slow down during the winter. Many people think the same is true for the real estate market. But is it really?

Currently, it is mid September as I write this, and already people are talking about shorter days and colder nights. I hear of people taking their homes off the market because their friends, neighbors and self-proclaimed experts are telling them to do so. But, here are some facts:

• Active Homes on the Market= 952

• Homes with Accepted Offers = 451

• Closed Homes Since Sept.1 = 52

• Closed Homes Since Aug. 1 =…

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