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Going Solo vs. Hiring an Agent

by Vermont Real Estate Company

FSBO vs Agent

On average, homes sold with Realtors sell 25% higher than those sold by the owner. “

When it comes to the big decision of selling your home, there are many things to consider. One of the biggest you will have to make at the beginning of the process is whether to sell it yourself, or to utilize a Realtor. While it may seem easier to just place a FOR SALE BY OWNER sign and host open houses on weekends, this could be a mistake. There are reasons for the Realtor profession to exist, and that is because they are pros at the housing business. Read on to see how a Realtor can help you through what could be a very difficult process.

 

When you get in contact with a Realtor, you immediately get access to a wider set of tools to use at your disposal. While a For Sale sign can be placed on a couple curbsides, using a Realtor allows for a much wider exposure to potential buyers. While many still drive around neighborhoods looking for a prospective new home, many turn to the internet first. Scrolling through databases allows potential buyers to see the house, along with any relevant data, without having to go out and look for it. If a buyer would pay top dollar for your house because it’s perfect for them, but they don’t drive nearby, you could miss out on a fantastic deal.

 

Since most people do turn to the internet first, Realtors know how and where to advertise on the web. They will know what audience to target, where to find them, and how to negotiate professionally. Proper marketing will help generate more qualified prospects. Why waste time waiting for people to swing by your open house where you must explain everything over and over, when a Realtor can bring informed buyers to you in half the time? They are able to market your home professionally, making it more attractive to more buyers.

 

When you have serious buyers, you need to ensure you have a serious price. While you may think your home is worth a certain amount, it could be vastly different in the eyes of a professional. This could be dependent on the house itself, the current market, and trends in the immediate area. Realtors have industry and market knowledge as well as access to other professionals in the industry that can help validate the pricing of your home. Not only will you feel more secure about your home’s price tag, you and your Realtor can use it to negotiate fairly and strongly. On average, homes sold with Realtors sell 25% higher than those sold by the owner.

 

Finally, Realtors have a network of other realtors to call upon. Professionals working with professionals will only bring in more results for you. Being able to work with others, and foreseeing problems before they occur, can save you time and money.

 

We hope this small list has helped you decide on a game plan for when you decide to sell your home. We are all pros at something, so why not let the home selling pros sell your home? Your local specialists at the Vermont Real Estate Company are waiting to help you begin. Contact us at 802-540-8300, or visit us online at www.vermontrealestatecompany.com

Maple Open House Weekend In Burlington and Beyond!

by Vermont Real Estate Company

When you think of Vermont, you think of maple syrup! And, we are proud of that fact.  From the smell to the taste, there are few things we love more than maple. This weekend, March 25th and March 26th, the entire state of Vermont is celebrating the sugaring season. Maple sugar houses throughout the state will be opening their doors to visitors to learn more about the process, tour the facilities, enjoy some family fun activities, and, of course, try some delicious maple treats!


There are sugar makers throughout Chittenden County that are participating. No matter where you live in the Burlington metropolitan area, there will be a sugar house within a short drive for you to explore this weekend. Here is the list of local sugar makers offering open houses this weekend:


Backyard Boilers (1861 Mallet’s Bay Avenue, Colchester)

Poor Farm Sugar Works (825 Poor Farm Road, Colchester)

Thompson Farm (2453 Middle Road, Colchester)

Bixby Hill Sugar House (52 Bixby Hill Road, Essex Junction)

Sherman Hollow Organic Farm (251 Sherman Hollow Road, Hinesburg)

Audubon Vermont/Green Mountain Audubon Center (255 Sherman Hollow Road, Huntington)

Taft’s Milk & Maple Farm (683 Camel Hump’s Road, Huntington)

End O Road Maple (89 Field Lane, Jericho)

Palmer Lane Maple (1 Old Pump Road, Jericho)

Georgia Mountain Maples of Vermont (345 North Road, Milton)

Mountainview Mapleworks (1324 Kenyon Road, Richmond)

Slopeside Syrup (1090 Cochran Road, Richmond)

Palmers Sugar House (332 Shelburne Hinesburg Road, Shelburne)

Shelburne Sugarworks (746 Shelburne Hinesburg Road, Shelburne)

Burgess Sugarhouse (251 Irish Settlement Road, Underhill)

Davis Family Maple (189 Upper English Settlement Road, Underhill)

Maple Crest (51 Page Road, Underhill)

Moose Mountain Maple (34 Butler Lane, Underhill)

McBride Family Maples (39 Orchard Lane, Westford)

Tucker Maple (51 Rollin Irish Road, Westford)

Sugartree Maple Farm (787 Bradley Lane, Williston)


Can’t make it out of Burlington this weekend? There are also partnering businesses that are participating in the statewide event due to their use of maple in their products or services. Check out one of these Burlington partnering businesses to sample their delicious maple creations:


Lake Champlain Chocolates (750 Pine Street)

Lang House on Main Street Bed & Breakfast (360 Main Street)  

Mad River Distillers (137 St. Paul Street)

 Switchback Brewing Company (160 Flynn Avenue)

 

Enjoy Vermont's Maple Open House Weekend!

Don't Miss the Burlington Irish Heritage Festival!

by Vermont Real Estate Company

Have you made it to the 22nd Annual Burlington Irish Heritage Festival yet? With St. Patrick’s Day this week, now is the perfect time! Celebrate the holiday with live music, dance performances, presentations, and more throughout Burlington. There are great events be held every day this week! You and your family will have an amazing time celebrating St. Patrick's Day at this favorite local festival!



Wednesday, March 15th

Irish Music Open Session

Time: 7:00 pm - 9:00 pm

Location: Radio Bean (8 North Winooski Avenue)

Cost: FREE! Donation encouraged.

Come listen to some great local musicians or lend your music instrument and singing talent by joining in the fun!


The Brayzen Heads

Time: 8:00 pm

Location: RíRá Irish Pub and Restaurant (123 Church Street)

Cost: FREE!

Enjoy some great traditional irish music from this awesome band.


Thursday, March 16th

Singalong with Reagh Greenleaf Jr.

Time: 5:00 pm - 8:00 pm

Location: RíRá Irish Pub and Restaurant (123 Church Street)

Cost: FREE!

Singalong to some of your favorite Irish tunes!


The Brayzen Heads

Time: 9:00 pm

Location: RíRá Irish Pub and Restaurant (123 Church Street)

Cost: FREE!

Enjoy some great traditional irish music from this awesome band.



Friday, March 17th

“Brexit and its Effect on Ireland” Presentation

Time: 12:00 pm - 1:00 pm

Location: Pickering Room, Fletcher Free Library (235 College Street)

Cost: FREE! Donation encouraged.

Attend this great presentation by Champlain College professor Dr. Ciaran Buckley.


The Brayzen Heads

Time: 9:00 pm

Location: RíRá Irish Pub and Restaurant (123 Church Street)

Cost: FREE!

Enjoy some great traditional irish music from this awesome band.




Saturday, March 18th

Children’s Crafts

Time: 10:00 am - 12:00 pm

Location: Fletcher Room, Fletcher Free Library (235 College Street)

Cost: FREE! Donation encouraged.

Have fun with the whole family creating some Irish themed arts and crafts.


“Between the Jigs and the Reels: Ireland’s History Through Its Music”

Time: 10:30 am - 12:00 pm

Location: Pickering Room, Fletcher Free Library (235 College Street)

Cost: $8 suggested donation

Learn more about the history of Ireland through music from the founders of the Vermont School of Irish Traditional Music, Benedict Koehler and Hilari Farrington.


Waterville Irish Heritage Ceili

Time: 4:00 pm

Location: Waterville Town Hall (544 VT-109, Waterville)

Cost: FREE!

Join in this fun music jam session.


Irish Dinner

Time: 5:00 pm - 7:00 pm

Location: Waterville Town Hall (544 VT-109, Waterville)

Cost: Donation required.

Dine on a delicious Irish meal while enjoying live music by the Dale and Darcy Cahill Band and performances by Heather Morris Celtic Dancer.


The Brayzen Heads

Time: 9:00 pm

Location: RíRá Irish Pub and Restaurant (123 Church Street)

Cost: FREE!

Enjoy some great traditional irish music from this awesome band.



Sunday, March 19th

Burlington Irish Heritage Festival Ceili

Time: 1:00 pm - 3:00 pm

Location: Contois Auditorium, City Hall (149 Church Street)

Cost: FREE! Donation encouraged.

Don’t miss the annual Festival Ceili for some great Irish music and dancing. There will also be a bake sale, tables with cultural information, and the “Luck of the Irish” raffle drawing.


Young Tradition Vermont Irish Session

Time: 3:00 pm - 5:00 pm

Location: Contois Auditorium, City Hall (149 Church Street)

Cost: FREE! Donation encouraged.

Stay after the Ceili for this extra music session.



Friday, March 24th

UVM Celtic Cats Showcase & Ceili

Time: 7:00 pm - 9:00 pm

Location: Dance Studio, Patrick Gym (97 Spear Street)

Cost: $7 (general admission); $5 (college student with ID)

Watch this great music and dance showcase by UVM’s Step Dance Club.

 

 

Happy St. Patrick's Day from Vermont Real Estate Company!


What to Expect From a Home Inspection!

by Vermont Real Estate Company


 

 


During a home inspection you’ll get the opportunity to follow around a knowledgeable professional in a different kind of tour of your new home. Your home inspector will point out details and potential problems that may not be obvious to the untrained eye.


A thorough home inspection can save you thousands of dollars in surprise repairs.

 

What a home inspector does:

A home inspection normally takes about 2-3 hours. It is a very detailed walk through, of your prospective new home, completely from top to bottom. The inspector will look at the physical structure of the home, as well as its mechanical and electrical systems - including the roof, ceilings, walls, floors, windows and doors! The inspector will check major appliances to see if they are functionally properly. Including the heating, air-conditioning, and plumbing systems. The inspector will take you around the interior and exterior of the home, including basements and attics! It's good to ask questions and take notes if you’d like but the inspector will be taking photos and notes as well!

 

By attending the home inspection you’ll be able to see the problems first hand, as they are found. Therefore learning more about the inner workings of your future home.

 

A home inspector at the end will give you an un-biased opinion on the homes condition and will give you advice on what he or she believes should be fixed either immediately or eventually. To put it simply the inspectors job is to tell the client the condition of the home with facts.

 

What a home inspector doesn't do:

Although it sounds as if the inspector is taking a deep look into everything, there will still remain things that are unable to be seen. So there still might be hidden defects such as mold, etc. that are unable to be seen by the inspector and may need a more special evaluation that goes beyond the inspectors duty.

 

The overall goal of an inspection is to uncover issues with the home itself - inspectors are not there to let you know whether you are getting a good deal on the home or to offer an opinion on the sale price. All in all It is a visual assessment of the home, but not necessarily a forecast of every potential problem.

 

What to expect after the inspection:

Once complete it usually will take the inspector a day or two to put together a full inspection report. It will be quite extensive and long - With a full summary including photographs and notes. It will be very detailed including estimated remaining life spans of major systems and mechanical equipment. The inspector will almost always include recommended repairs. Once you receive the report you should read it thoroughly and go through it with your Realtor. The information found may have a bearing on the value of the property and may be useful in negotiating for repairs, etc.

 

How to find a home inspector:

Shop around and do your research, one good idea is to ask for an example inspection report so you can compare prospective inspectors and so you know how detailed of a report you will receive.

 

A home inspection gives buyers peace of mind. A home is one of the largest purchases in a buyer's lifetime! A home inspection is highly recommended when buying a home for many reasons and it is important as buyers to be a part of the process. It is a wealth of information and will also give you confidence in your purchase!


 

Family Fun at this Weekend's Wintervale!

by Vermont Real Estate Company

Celebrate all that winter has to offer in Burlington, VT at this weekend’s Wintervale. This great community festival will be filled with winter fun, recreational activities, delicious food, and hot beverages! There is something for the entire family and admission is free! Whether there is snow or not, check out all that you can do this Sunday, March 12th, at the Wintervale!



3 Miles of Trails!

Explore the Trails around the Intervale Center for some outdoor recreational fun. If there is enough snow this weekend, rent some cross-country skis or snowshoes for free to take on the beautiful, groomed trails. Without snow, you can still enjoy a great walk on the trails during the event.


Food and Beverages!

Warm up by the bonfire as you enjoy food and drink. Decide the best homemade chili during the chili cookoff. There will also be a variety of food and hot cider available for purchase from some of your favorite local spots.


More Family Fun!

There are plenty of other fun activities for the family to enjoy during the event. Check out the fat bike demos from SKIRACK. Winooski Valley Park District will also be hosting great kids activities throughout the afternoon.



Event Details

Date: Sunday, March 12, 2017

Time: 11:00 am - 3:00 pm

Location: Intervale Center (180 Intervale Road, Burlington)

Cost: FREE!

Perfect Winter Getaway Spots Near Burlington, VT!

by Vermont Real Estate Company

Winters in Vermont might be cold and snowy but they are also beautiful and fun. The state becomes a winter wonderland to be admired and enjoyed through outdoor recreational activities. While there are endless things to do in Burlington, a day or weekend trip somewhere else in the state can give you and your family a nice little vacation away from the city. Here are two communities within a short drive from Burlington that we recommend exploring for a quick and fun winter getaway!



Richmond, Vermont

Located only 18 minutes away from Burlington via Interstate 89-S, the town of Richmond is the perfect winter getaway due to its two ski facilities. Cochran's Ski Area is a non-profit organization that offers affordable skiing and snowboarding for families. This is a favorite spot for ski lessons for children of all ages. Learn more about their affordable pricing for season tickets and lift passes HERE. If you are looking for a more classic downhill ski experience, Bolton Valley Resort is the place for you. Bolton Valley covers over 5,000 acres and boasts the highest base elevation of any resort in the state. Skiers and snowboarders will enjoy lots of snow as they head down the 3,150 foot summit. Night riding is a favorite activity at this resort. There are also endless trails for nordic skiing and snowshoeing. Find out more about lift tickets, passes, and rentals HERE. Both of these ski facilities are an easy day trip for residents in the Burlington area who want to hit the slopes.



Middlebury, Vermont

Recently named one of the 15 prettiest winter villages in New England by New England Today, the charming village of Middlebury has much to offer visitors. The historic downtown is located next to Otter Creek and features unique boutiques, delicious restaurants, and beautiful churches. The community is also home to Middlebury College, which offers endless academic, athletic, and arts and culture programming and events that the general population can attend. The Henry Sheldon Museum of Vermont History features interesting exhibits about New England history. Middlebury is easily accessible from Burlington via US-7S. The drive takes around 50 minutes.

 

 

Burlington is the perfect place for homebuyers. It offers all the amenities of a major city while being class to the charming, smaller communities that are found throughout Vermont. If you are interested in Buying a home in the Burlington area, give the Vermont Real Estate Company a call today or visit our website at http://www.vermontrealestatecompany.com/.  


Northwestern Vermont Housing Market Snapshot for 2017

by Vermont Real Estate Company

The Northwestern Vermont Board of REALTORS® has released its market statistics for January 2017. The information is derived from data contained in the New England Real Estate Network and covers Chittenden, Franklin and Grand Isle Counties.

January brings out a rejuvenated crop of buyers with a renewed enthusiasm in a new calendar year. Sales totals may still inevitably start slow in the first half of the year due to ongoing inventory concerns. Continued declines in the number of homes available for sale may push out potential buyers who simply cannot compete for homes selling at higher price points in a low number of days, especially if mortgage rates continue to increase. New Listings were down 15.1 percent for Single-Family homes and 10.0 percent for Townhouse-Condo properties. Pending Sales decreased 1.8 percent for Single-Family homes and 12.5 percent for Townhouse-Condo properties. The Median Sales Price was down 1.4 percent to $246,400 for Single-Family homes but increased 16.4 percent to $259,624 for Townhouse-Condo properties. Months Supply of Inventory decreased 29.2 percent for SingleFamily units and 19.4 percent for Townhouse-Condo units. 

Changes for January over last year at this time include:

  • New Listings were down 15.1 percent for Single Family homes and 10.0 percent for Townhouse-Condo properties.
  • Pending Sales decreased 1.8 percent for Single Family homes and 12.5 percent for Townhouse-Condo properties.
  • The median sales price was down 1.4 percent to $246,400 for Single Family homes but increased 16.4 percent to $259,624 for townhouse-condo propertie
  • Closed sales increased 0.9 percent for Single Family properties and 2.3 percent for townhouse-condo properties.
  • Average days on market decreased 48.5 percent or 86 days for Single Family homes and decreased 35 percent or 93 days for the townhouse-condo market.
  • Month’s supply of inventory decreased 29.2 percent, or 4.6 months for Single Family units and decreased 19.4 percent, or 2.9 months for townhouse-condo units.
The bottom line- inventory in our market is low creating strong compitition for available properties priced appropriately. Active buyers are struggling to find houses and acting quickly when properties come available. If you're looking to buy or sell in 2017 give Vermont Real Estate Company a call to stay ahead of the game. 

Helpful Tips for Home Buyers and Sellers this Spring!

by Vermont Real Estate Company

Winter is winding down and spring is almost here. Spring means warmer temperatures, beautiful flowers, and an active housing market. Spring is one of the most popular times for real estate. That means increased competition for both buyers and sellers. Although entering the market can seem daunting, you can eliminate some of that stress by working with the Top Real Estate Team in the Burlington area. You can get started today by following these helpful tips for home buyers and sellers this spring!



Spring Buyers!

Working with a realtor ensures that you have the benefit of all their expertise and local knowledge as you start preparing to buy your dream home. The very first step that home buyers should take, even before you begin your search, is preparing your Home Financing. If you have your loans set up ahead of time, you will know your budget. It can also make you more attractive to sellers by showing how serious you are about purchasing their home. When you find your dream home, making an offer can cause stress. With all the competition in the spring, this can lead to needing to negotiate. Allow yourself to stand out from other prospective buyers by remaining flexible. Many sellers appreciate a personal note explaining why their home is the perfect fit for you and your family.




Spring Sellers!

Working with a realtor ensures that you can get top dollar for your home and sell it quickly. Before you list your home, make sure that your home is ready. Curb appeal is very important. Since it is the first impression for buyers, you can make them want to see the rest of your home before they step through the front door. Spend some time decluttering and depersonalizing the space. Add a fresh coat of paint and take care of any flooring issues. Ask your realtor if there are any upgrades they could recommend for your home to make it stand out and add value. After preparing your home, you will be ready to Know What Your Home is Worth. This will help you set an appropriate price for your home.




Ready to Buy or Sell your Burlington home this spring? We are ready to help you throughout the process and make your dreams a reality! Give the Vermont Real Estate Company a call today or visit our website at http://www.vermontrealestatecompany.com/.

 

Great Winter Farmers' Market in Burlington!

by Vermont Real Estate Company

Just because it is winter in Vermont that doesn’t mean that you can’t have access to great fresh local produce and goods! The Burlington Winter Indoor Farmers' Market occurs every other Saturday now through mid-April! Head to the University of Vermont’s Dudley H. Davis Center (590 Main Street) to stock up on fruits, vegetables, meat, dairy products, baked goods, flowers, handmade goods, and so much more from over 50 vendors!!! This great event connects local Vermont artisans and farmers to the larger community, promotes a healthy lifestyle, and helps with economic development!


Upcoming Dates

March 11th

March 25th

April 11th



Each farmers’ market is held from 10:00 am to 2:00 pm. Wondering if your favorite local vendor will be there? Check out the List of Vendors for more information.



While shopping, you can enjoy great live entertainment! Upcoming performers include Jim Shaw and Steve Spensley.



We cannot wait to see you at the Burlington Winter Indoor Farmers’ Market!  

 

Vermont Ranks High in Well Being!

by Vermont Real Estate Company

Vermont is the country’s 6th ranked state for well-being! In a new report released by Gallup-Healthways, Vermont was found to be one of the best states in 2016 for residents’ well-being.

 


As part of the Gallup-Healthways State of American Well-Being series, the study looked at well-being across the nation and examined how well-being differed between the states.

 


To determine the Well-Being Index, the study looked at five key elements:

  1. Purpose - being happy with what you do every day and having motivation to achieve goals

  2. Social - presence of supportive relationships and love

  3. Financial - ability to manage finances in order increase security and reduce stress

  4. Community - liking the community you live in and feeling safe

  5. Physical - being in good health and having energy

 


In order to evaluate these elements, Gallup conducted 177,192 telephone interviews with adults in all 50 states throughout the course of 2016. The overall Well-Being Index and each of the five elements were calculated on a 0 to 100 scale, with 100 being the highest possible score.

 


When the results came in, Vermont was found to be at the top! It’s Well-Being Index is 63.5. It ranked within the top 10 states for Social, Community, and Physical well-being. Here are all of the state’s results:

 

Infographic.png

 

Home buyers are always looking for a place to settle down that allows them to have a healthy and happy life! Vermont is the perfect spot for you! There are so many great communities throughout the state to choose from but we have to say the Burlington metropolitan area is truly the best! Burlington promotes its residents well being by offering ample recreational activities, a thriving economy, excellent educational and health facilities, and so much more!

 

If you are interested in moving to Burlington, give Vermont Real Estate Company a call today or visit our website at http://www.vermontrealestatecompany.com/.

 


Source: Gallup-Healthways State of American Well-Being

Displaying blog entries 1-10 of 13

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