June 2018 Newsletter: Mallards Thank You | Market Advice

A huge THANK YOU to everyone who joined us for our client appreciation event at the Mallards game this week! We had nearly 130 guest, along with a ton of fun. We are so appreciative of everyone who has supported The Minter Team these last few years.

Market Advice for Buyers: 2018 has been a challenging year for many homebuyers. But so was 2017, 2016, and 2015. In fact, the last 5-6 years have really pushed homebuyers in many areas out of their comfort zone as inventory of available homes continues to drop, prices rise, and competition picks up. We don’t know when the market will shift back to favor homebuyers, but in our current state we still believe we have awhile before we get to that point. So where does that leave us and how can homebuyers navigate the rest of 2018?

First of all, realize that buying a home is still an affordable option that makes financial sense despite rising prices and interest rates. You can read more on the effect of these rising numbers in a blog post we wrote a few years ago (www.TheMinterTeam.com/the-right-time-to-sell). While the numbers in that article have shifted, the main idea remains the same: As interest rates & prices rise the amount of home you can afford declines. We know that over time rates and prices will more than likely continue to rise. The question remains how quickly this will happen. What we can feel very confident advising clients on today is that there’s strong evidence supporting the idea that buying in 2018 will be a better financial option than waiting to purchase in 2019.

If you are already in the game and hunting for a home you need to be prepared to write an offer just outside of your comfort zone. Many homes, especially those under $300,000, are seeing multiple offers and eventually selling over asking price. Often these homes also include buyer concessions on appraisals or inspections. Keep the big picture in mind and realize that “winning” in this market means buying a great home, not beating the seller in negotiations.

Market Advice for Sellers: We have talked to a number of people who would love to make a move but are afraid to put their home on the market as they are struggling to find a home to move in to. This is certainly a valid concern, but one that needs to be addressed in some manner prior to making a purchase. We’ve filmed a short video explaining some options for problem solving this scenario that you can watch on our YouTube channel (youtu.be/jfESSbdleGY). Our advice would be to get your home on the market and then figure out the next steps. We know this is uncomfortable, but it’s the best way for you to stay in control of your move as writing offers with home sale contingencies is very difficult in today’s market.

When you are ready to take advantage of today’s sellers market and list your home you’ll want to remember that just because it’s a great time to sell a home doesn’t mean you should just slap a sign in the yard and call it a day. Sellers who are really winning in today’s market are doing everything they can up front to ensure their home is fully market ready, marketed correctly, and priced appropriately. Yes, you can probably secure an offer just by putting your home up for sale, but if your goal is to maximize your profit then making a stronger investment into your preparation and planning is the best route to take advantage of the opportunities today’s market offers. Watch “5 Steps to Prepare Your Home for Sale” for more on getting your home ready for the market (youtu.be/xRJECwSNZ78).

Make sure your home is marketed on the MLS and your agent has a clear plan to put the home in front of as many people as possible BEFORE you hit the market. Video, professional photography, and “coming soon” teasers are great ways to draw excitement about your home and bring buyers in that are fully prepared to write an offer.

Beyond preparing the home for market you’ll want to price it appropriately and not get too greedy out of the gates. Today’s homebuyers are smart. When sellers price too high in an effort to see what they can get, or to leave room to negotiate, many buyers will pass on the home all together. This leaves the home on the market for longer than it should be, and that almost always leads to a lower final sales price. Smart sellers are pricing their homes where they belong, and allowing the market to raise the price through buyer competition.

740 Pleasant Oak Drive, Oregon, WI

Gently nestled amongst mature trees on a semi-wooded lot backing to Foxboro Golf Course this well maintained and pre-inspected classic 2 story home is close enough to walk or bike to multiple schools and restaurants while still offering a private backyard that feels miles from town.

Learn more at: TheMinterTeam.com/740PleasantOak

Love Oregon Part 9 – Headquarters Bar & Restaurant

Happy Monday! 🥤🌭 We would like to present you with our last, but definitely not least, featured business in our Love Oregon series….. Headquarters Bar and Restaurant​!

🏐 Jamie wanted to open a business where the community could come together & kick back and HQ does exactly that! They offer a ton of different activities and events for all ages year round and they really do care about our community. Listen in to hear what love means to Jamie, what he likes most about the Oregon community, and what project they are currently working on with the village to better our amazing town.

✅ Visit our FB page & find this video to find out how you can be entered into a drawing to win a $20 gift card to HQ which was kindly donated by Jamie himself!

Love Oregon Part 8 – The Chocolate Caper

Valentine’s Day is just a few days away! If you haven’t already, we recommend stopping into our seventh featured business in our Love Oregon series, The Chocolate Caper, to get some sweet treats for your sweetheart!

Dan talks about some of the great things that the Oregon community has to offer and what love means to him. Tune in to hear more!

For any last minute Valentine’s Day gift shoppers, we will be giving away a $20 gift card to The Chocolate Caper. To enter, visit our FB page(www.facebook.com/theminterteam) and find this video with more information! #loveoregon #lovelocal #theminterteam

Love Oregon Part 7 – Oregon Bike and Skate

🌳 Even though there is snow on the ground we are thinking SPRING! And when we think of spring, we think of being outdoors and going on bike rides which is why our sixth feature business in our Love Oregon series is Oregon Bike and Skate!

🚴🏼‍♂️ When you visit Oregon Bike and Skate, you will be welcomed with a friendly smile and helpful, knowledgeable staff! Scott is a huge part of the Oregon Community and you can listen in now to see why he loves it so much and also what love means to him.

To be entered to win a FREE bike tune-up courtesy of Scott at OBS, visit our Facebook page, find this video along with the instructions on how to enter the drawing!

#loveoregon #lovelocal #theminterteam

Love Oregon Part 6 – Ofroyo

Happy Friday! Today would be a good day to stop by our 5th featured business in our Love Oregon Series to get a sweet start on the weekend…. Ofroyo!

Tina & Randy are all about the Oregon community and wanted to have a place where family & friends can gather, enjoy a tasty but healthy treat, and spend quality time together. Listen in as they tell us what love means to them, why they love Oregon, and their special promotions for this month!

We will be giving away a$20 Ofroyo gift card to share with your loved one or family. To be entered into the drawing visit our FB page and find this video for further instructions! www.facebook.com/theminterteam

#loveoregon #lovelocal #theminterteam

Love Oregon Part 5 – The Zone

 With a strong emphasis on community, being your best possible self, and lifting others up, we thought it was fitting for Zone Training and Fitness to be a featured business in our Love Oregon series!

 We chatted with Megan, The Zone’s manager, about what she thinks love is, what she loves about the community, as well as programs that they have going on.

To be entered to win a 5-class pack AND a free admission to Girl Strong in the summer, visit our Facebook page, find this video along with the instructions on how to enter the drawing!

#loveoregon #lovelocal #theminterteam

Love Oregon Part 4 – Be Adventurous

After this past weekend’s ❄️❄️ and the bitter cold weather we have been having this week, we can’t help but dream of somewhere warm and tropical🏝️,which leads us to introducing our third featured business in our Love Oregon series….

⛩️ Be Adventurous Travel! ⛩️ It will easy to see why we picked this wonderful company to help represent our love for Oregon once you visit their website and read the short post on their homepage about the importance of making a difference in our community, random acts of kindness, and helping make others’ dream a reality.

We will be giving away a $70 gift certificate to Be Adventurous Travel that can be used to go towards service fees when you book your next dream vacation with them!

👏🏼👏🏼 To qualify, visit our Facebook page, find this video along with the instructions on how to enter the drawing!

#loveoregon #lovelocal #theminterteam

Love Oregon Part 3 – Charlie’s on Main

🤗 For our second featured Oregon business we bring you to Charlie’s On Main and we will be giving away a $50 gift card!

👨‍🍳 Listen in as Chef Dave tells us what love means to him, what he loves about our community, and a little bit about their Valentine’s Day specials!

Visit our FB page (The Minter Team) and find this video to learn how you can be entered to win a $50 gift card to Charlie’s on Main!

#loveoregon #lovelocal #theminterteam

Love Oregon Contest Series Introduction

❄️ It’s February, the month of love, and to celebrate we will be launching our contest “Love Oregon” on our Facebook page! (https://www.facebook.com/TheMinterTeam) Love is all about connections, whether it’s with each other, the outdoors, or our community.

😘 We love Oregon and we are excited to share with you some of the reasons why. We are also looking forward to hearing what you love about it as well!

🏫 We will be stopping into a number of local businesses over the next two weeks that we love and believe to have made an impact on our community. We will be chatting with the owners & customers about what love means to them and the things they enjoy the most about our community. You will see these videos periodically on our Facebook page throughout the next couple of weeks and we will be giving away prizes from each of these businesses!

To participate and spread the love for Oregon, visit our Facebook page and find this video! https://www.facebook.com/theminterteam

#loveoregon #lovelocal #theminterteam

Please Welcome Anna North!

Can you sniff out Anna’s lie?? 🤥

1. She is a huge animal lover and has 12 animals at home
2. She is super handy, but still managed to pull off a plumbing mishap
3. She grew up in Japan and Nepal

Anna is taking on the role as our Client Care Coordinator, which means you have yet another person in your corner and at your side when you work with the Minter Team! Anna is compassionate, driven, creative, and simply an all-around wonderful human. We are humbled and so grateful that she has chosen to join our team

#theminterteam #twotruthsandalie #madisonhomes #realtyexecutives

January 2018 News: 2018 Market Forecast | Save the Date

It’s a new year, and with that always comes the unknown for what the year will bring. Our local real estate market is no different, but I have to say that it sure feels like we’ve been here before. With low inventory, great interest rates, and a strong economy all the pieces are in place for another wild ride as both buyers and sellers attempt to navigate tricky market dynamics.
For some key information regarding the state of the market, along with advice for those looking to make a move this year, check out our latest post: Dane County Real Estate Market Update: January 2018
Don’t forget to save the date, our next client party is coming Sunday, February 25 from 4:30-6:30.