Saving During the Holidays

Northern Wasatch Association of Realtors Advice

It’s that time of year again to start trimming your tree and your budget. Saving and spending wisely this holiday season you can avoid a total budget-buster. Trim your spending without sacrificing any holiday experiences with these quick tips. 1. Budget Budgeting for the holidays is always a smart idea. Start by establishing a general spending cap or allocating a specific amount to each person on your list. Be careful not to forget the little things or set a budget that is too tight. These two items can quickly cause your holiday budget to sour. After setting your budget, it’s important to stick to it. 2. Track your spending One of the most helpful ways to stick to your budget …

2017 Real Estate Forecast

Northern Wasatch Association of Realtors Advice, Update

Despite tight housing supplies and rising home prices, buyers still flocked to the housing market, making 2016 one of the best years ever for home sales and setting the stage for strong real estate conditions in 2017 and 2018. The National Association of REALTORS is predicting 2016 will be the best year for U.S. home sales since 2006. In Utah, if the pace keeps up, 2016 will have the most real estate transactions ever on records dating back to 2003. In Northern Utah, Weber and Davis County sales increased about 4 and 2 percent, respectively, for the first nine months of the year. That’s up from a very strong 2015. Moving forward, experts forecast 2017 should have even more transactions. …

Avoid Home-Buying Horror Stories

Northern Wasatch Association of Realtors Advice, Update

It may be the time of year for ghosts and goblins, but buying a home, no matter what time of year, should never be scary. Here are steps to avoid haunted houses and stay safe while buying this fall. Buyer beware In many areas, sellers have the upper hand in today’s real estate market. Even though you may be tempted to close a deal as fast as you can to beat out other buyers, make sure you know what you’re buying before you rush to the closing table. During a real estate transaction, you have time to conduct a number of inspections before you purchase the property. Make sure you put in the time and money to do these before …

Self Defense for Realtors

Northern Wasatch Association of Realtors Advice

Working in real estate can be dangerous. There has been increasing number of attacks on real estate agents in America. According to the Bureau of Labor and Statistics, the industry has seen an average of 77 work-related deaths per year from 2011 to 2014. You can arm yourself with a healthy dose of skepticism and mistrust. As an agent you might be an easy target and here’s why: You are expected to meet anyone at any time potentially alone. Real estate is the only business that publicly announces, “Hey come on in! I am going to be alone in an empty house all day!” Real estate agents have a certain reputation including an image of wealth. Now is a great …

Logistics of Self Employment (Health Insurance, Setting up an LLC)

Northern Wasatch Association of Realtors Advice

Have you ever dreamed of working for yourself? Self-employment is a popular dream many people have, but how do you turn that dream into a reality? To help you move forward to becoming self-employed, here are 5 important steps to take. Personal assessment. Deciding to go into business for yourself is an exciting time—and a scary time. As you begin your journey towards self-employment, take a moment to do an internal evaluation and determine what skills you have that are transferable and which industries you have a great working knowledge of. As you consider these skills, here are some questions to ask yourself: What would you like to spend your time doing, what product or service would you like to …