Real Estate Information Archive

Moving into a new house in Albuquerque? Don't forget about the important tasks that need to be done before settling in. Aside from unpacking, there are a few more things to take care of. Here's a quick list of important tasks to take care of when you buy a new home in Albuquerque.

Change the Locks

Wanting new locks on the doors to your home is not a sign of paranoia, but rather a smart decision. It is difficult to determine how many people may have keys to your home, so it is advisable to take precautions. It is recommended to not only re-key the locks but also replace the hardware. This not only provides a nice update to your home, but also gives you peace of mind.

Don't forget to change your garage door opener code, too.

An In-Depth Home Tour

Yes, it is important to know the location of the water and gas shut-off valves, as well as the electrical box and water heater. Understanding how to use the sprinkler system is also crucial. Familiarizing yourself with these details and ensuring that other household members are aware can prevent potential disasters.

Seal off Rooms You Don't Use

This one may sound a bit odd. You just bought your new home, so why would you seal off any rooms? If you can, it may be a way to save some money. In the first few months of living in a new home, there are various financial challenges to consider. Moving expenses, purchasing new furniture, potential renovations, and the costs associated with activating utilities can all add up quickly. To mitigate some of these expenses, it is advisable to seal off rooms that won't be in use for a while, as this can help reduce heating and cooling costs.

Meet the Neighbors

It is advisable to proactively reach out to your new neighbors before they have a chance to do so. This can potentially lead to forming new friendships, especially beneficial for your children. Being friendly and sociable from the beginning helps establish a positive rapport.

Additionally, having welcoming neighbors can aid in your adjustment to the neighborhood, as they can provide information on local news, recommend the best coffee shops, and guide you to the most convenient routes to the elementary school.

Clean Your Carpets

When sellers move out of a home, a thorough cleaning should have been done, as it may be stipulated in the contract. However, unless specific cleaning tasks are specified, the house may not be as clean as desired. Even if the house appears tidy, the sellers may have overlooked cleaning the carpets. A proper cleaning of the carpets can extend their lifespan, enhance air quality, and eliminate allergens.

"Little do most of us realize that what we are seeing is only a tiny fraction of the soil that a carpet contains," said the National Carpet Cleaners Association(NCCA). "The visible grime we notice is only the tip of the iceberg; up to 85 per cent of the dirt the carpet holds is buried deep within the pile. And when you consider that a carpet can eventually trap its own weight or more in soil - as much as 150 pounds for an average-sized living-room - you'll agree it's no trivial matter."

Wipe out Drawers and Cabinets

This task is often overlooked, but it can result in the presence of germs or crumbs.

Change Fire Alarm Batteries

The U.S. Fire Administration (USFA) advises changing fire alarm batteries twice a year. To ensure you're not caught off guard, it's recommended to change them when you move into a new place. This way, you can avoid being startled by a loud alarm in the middle of the night shortly after moving in.

HOT ALBUQUERQUE LISTING OF THE WEEK

Gorgeous, Restored, Nob Hill Adobe Home with top to bottom updates in 2020/2021! Some updates include TPO roof, stucco, windows, interior texture & paint, hardware & fixtures! Plus, remodeled designer kitchen features granite counters w/glass tile back splash, beautiful cabinets & hardware, SS appliances. Main living area includes original wood floors, a cozy fireplace & opens to dining, kitchen, & remodeled full bath. The spacious finished, heated & cooled basement is an ideal flex space that includes a full bathroom, utility/laundry room, & an electric fireplace, & surely to be a favorite gathering space. Enjoy the addition of a walk out deck, turf lawn, backyard side fences, & raised cinderblock walls out back.

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

If you're looking to expanding your living space or the perfect place to build your dream home, we have just what you're looking for! These outstanding Albuquerque properties have recently hit the market, so make sure you don't let these opportunities get away! 

Contact the Sandi Pressley Team today for your exclusive showing. You can also check out all of our listings on our Featured Listings page.

Gorgeous, Restored, Nob Hill Adobe Home with top to bottom updates in 2020/2021! Some updates include TPO roof, stucco, windows, interior texture & paint, hardware & fixtures! Plus, remodeled designer kitchen features granite counters w/glass tile back splash, beautiful cabinets & hardware, SS appliances. Main living area includes original wood floors, a cozy fireplace & opens to dining, kitchen, & remodeled full bath. The spacious finished, heated & cooled basement is an ideal flex space that includes a full bathroom, utility/laundry room, & an electric fireplace, & surely to be a favorite gathering space. Enjoy the addition of a walk out deck, turf lawn, backyard side fences, & raised cinderblock walls out back.

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6451 Isleta Boulevard SW, Albuquerque, NM 87105

Yours to own, part of the green belt of Valley Farms area. 2.17 acres of agricultural land with irrigation well and water rights. Build your dream home, farm the land. Horses allowed. This is a rare opportunity to have land available.

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6412 Kalgan Road NE, Rio Rancho, NM 87144

Welcome home to this incredible Kim Brooks beauty! Enter the foyer to see soaring ceilings and a fabulous floorplan (4th bedroom large enough to be used as a living area or bedroom). This beauty features a gas, diamond-plaster kiva fireplace, porcelain tile, wood-laminate floors, and incredible custom finishes including hand skip troweled walls and lighted niches. Gourmet kitchen includes gas range, SS appliances, and a long bar for all your seating needs! Enjoy the natural light pouring in through the skylights, and relax in the oversized master suite complete with en suite showcasing a separate garden tub, dual copper sinks, and tons of closet space. Outdoor space is an oasis on a 1/2 acre complete with mountain views, RV front-to-back drive, gas stub-out, desert landscaping & MORE

Learn More!

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

If you’re a first-time homebuyer in Albuquerque, you’re no doubt already aware that buying a home involves more than just a mortgage payment. There are other costs included in the process of buying a home. It's important to be aware of those costs in advance so that you can make the best decisions during the process. 

Here's a helpful overview of what costs to expect when buying a home in Albuquerque.

1. Closing Costs

Closing on a mortgage is the last step in the process, often overlooked by homebuyers in terms of cost. At this stage, the loan is approved, the inspection is completed, and you are on the verge of receiving the keys to your new home.

When you complete your purchase, you will have a closing meeting where you will sign all the necessary paperwork and make payments for various costs.

The costs associated with purchasing a home encompass various elements. These include mortgage interest payments, taxes and insurance escrow payments, legal fees, lender application fees, recording fees, and title insurance.

Closing costs can average between 3-4% of the price of the home.

2. Property Taxes

When you own a home in Albuquerque, you pay property taxes. The bank doesn’t determine these. Instead, the county of Bernalillo does.

The county of Bernalillo's average effective property tax rate is 1.18% of the assessed value of your home. So for a home that costs $205,500, you would pay $2,419 per year.

3. HOA or Condo Fees

Homeowners in homeowners' associations or condo associations are required to pay a monthly or quarterly fee. This fee is used to cover various neighborhood services, including garbage collection.

The fees of an HOA can fluctuate due to potential increases or assessments for large projects, resulting in unpredictable costs.

4. Insurance

Homeowners insurance is a requirement for obtaining a mortgage loan. Typically, the premiums are already included in your monthly mortgage payment and are paid from your escrow account. This is similar to how property taxes are handled in many cases.

Premiums for homeowners insurance can increase each year, and it's important to note that standard policies usually often do not provide coverage for acts of God. Therefore, it is advisable to obtain additional insurance specifically for natural disasters.

5. Utilities

The cost of your utilities can be as much as your property taxes. In Albuquerque, the average monthly electric bill for residential customers is $144/month.

6. Appliances

When purchasing new construction or some used homes, it is important to note that appliances may not be included. This means that you will need to budget and plan accordingly to purchase these necessary items for your home.

When purchasing a new home, it is important to consider the appliances that may need to be purchased. While the seller may leave behind the dishwasher, refrigerator, stove, and possibly the microwave, it is not guaranteed. Therefore, it is advisable to budget for the purchase of a washer and dryer at the very least.

7. Landscaping

Managing your landscaping requires both time and investment in lawn equipment. However, there will inevitably be tasks that you cannot handle alone, such as removing hanging tree limbs or dead trees.

Hiring a professional for regular lawn care services transitions the expense from an occasional occurrence to a recurring monthly cost.

8. Maintenance

When you own a home, you take on the responsibility of all the maintenance tasks, which is a significant change from being a renter.

From the plumbing to the electrical wiring, a home is filled with numerous systems that require regular maintenance, occasional repairs, and, in some cases, replacement.

When purchasing an older house, it is important to consider the potential increase in maintenance costs compared to new construction. This includes maintaining the electrical system, HVAC system, roof, and plumbing.

All things considered, buying your first home in Albuquerque is the best decision you can make for your future. Making sure you have all the costs involved lined up will help make your dream a reality.

HOT ALBUQUERQUE LISTING OF THE WEEK

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Summertime is always a great time to sell your home, but it doesn’t mean you forego any attention to the details. You want potential home buyers to feel welcome and to be able to visualize your space as their own. But first and foremost, your home needs to make an amazing first impression.  Here are some tips to ensure you make a SPLASH when you enter the marketplace.

• Make curb appeal top of mind. Summer is a great time to showcase your landscaping, flowers, and outdoor features. Make sure your exterior is well cared for, weeded, plants watered, and your porch is inviting.
• Highlight your outdoor living space. If you have a patio, deck, pool, or backyard, make sure they are clean and well-maintained. Your outdoor area is a natural extension of your living space, so you don’t want to miss highlighting this extra area. Add some cozy elements such as cushions, lanterns, string lights, blankets, flowers and more to make it your own & inviting to your guest.  
• Address home repairs before listing your home. Buyers will be more picky in the summer when there is more competition. What that means to sellers is that you need to go through you home with a discerning eye. Room by room take notes on everything that needs to be fixed and start working at it. If you need larger fixes such as HVAC, roof, plumbing, or electrical, always speak with your real estate agent before making the changes. Many times they have resources at their disposal that can help you get the job done quicker, at a financially sounder price to meet your needs. Their partnerships in the market afford them special pricing and preferential treatment in home repairs. They will also ensure you are making the necessary improvements or upgrades needed to sell your home at the optimal price.
• Get your windows sparkling clean. Nothing brightens up a home and brings in natural light like clean windows. Give your windows a thorough washing, both inside and out, and let that sunshine in to really show off your home.
• Repaint, touch up and replace. A fresh coat of paint can make a big difference in how your home looks and feels. Choose neutral colors that appeal to most buyers and complement your furniture. Touch up any scuffs or marks on the walls, doors, or trim. Replace any outdated or broken fixtures, hardware, and appliances.
• Replace linens. Summer is a hot season, so you want to make your home feel cool and comfortable. Swap out heavy blankets, curtains, and rugs for lighter fabrics and colors. Use cotton sheets, airy curtains and natural fibers to create a light, cool, and breezy vibe.
• Rearrange furnishings. You want to make your home look spacious and inviting, not cramped and cluttered. Remove any excess furniture or items that take up too much space or block the flow of traffic. Always try to arrange furniture to showcase the best features of your home and each room. Also try to create cozy conversational areas within each room.  
• Go green. Adding some plants and flowers to your home can bring some life and color to your space. Choose plants that are easy to care for and don’t need too much water or sunlight. Cacti are an excellent option, not only for our area, but maintenance in general!  Another great idea is to use fresh herbs, fruits, and vegetables as décor in your kitchens and dining areas.

At the Sandi Pressley Team our incredible team works with you hand in hand to ensure your home is not only ready to make it’s debut to the market, but will bring in the qualified home buyers that you are looking for. Targeting the buyers that are looking for your type of home, in the neighborhood you’re in with the surrounding amenities.

When you’re ready to put your SOLD plan into action, let us know!

HOT PROPERTY OF THE WEEK!

1011 WATERFALL DRIVE NE, RIO RANCHO, NM

Beautiful Move-in Ready Gem! Situated in the heart of the lovely community of Northern Meadows, this four-bedroom home with approximately 2529 square feet has plenty of space for everyone. Featuring Professional Stucco, Exterior Paint, & Interior Paint all NEW in 2023! Multiple living spaces on the main level, ideal for entertaining. A fully equipped kitchen w/island opens to the family room which will be a favorite gathering area. All bedrooms are neatly tucked upstairs on the second floor that includes a bonus/recreation room. Primary suite boasts a spa like ensuite & private balcony overlooking the backyard with two covered patios to enjoy outdoor living. The finished garage includes a secondary refrigerator. Refrigerated air and so much more. This one is a must see!

START YOUR DAY INSPIRED WITH THE Sandi Pressley TEAM!

Congratulations, you’ve decided you’re ready to purchase a home. It’s such an exciting time and you want to dive right into looking at homes, but you need to slow down and prepare accordingly.

Purchasing a home is a big decision and a huge financial step, so you want to make sure you are fully prepared financially to be in a position to get the home you want, and can afford, at the best rates possible.  Of course, if you have an abundance of cash at your disposal and can offer cash for the house, then you won’t need to read further, but for most of us, planning is crucial.

So, let’s break down the process to ensure your success.

1. Get your finances in order. Make sure you are ready to meet with a lender to get your pre-approval. Check your credit ahead of time just so you know where your credit score stands. You can utilize sites such as Credit Karma or Credit Sesame to get a good overview. If you find issues, it is better to take time to repair those issues before seeing your lender.
2. Down payment and closing costs- How much have you saved toward your down payment and closing costs?  The more you can put down, the less you need to finance. Thus, making your payments lower each month. You’ll also need to budget for closing costs, which are typically 2-5% of the total cost of the home purchase price.
3. Getting your Pre-Approval. This is the key. The housing market is tight right now, meaning inventory is low so there are more buyers per home. You need to make sure you are pre-approved for your loan amount- not only so you know exactly what you can spend, but so the sellers know you are serious, qualify for the loan, and can purchase the home. Often buyers who are not pre-approved will not have their offer even considered.
4. Once you are pre-approved for a home loan, it is very important that you do not make any large purchases or take out any loans, credit cards, etc. You need to keep your credit profile clean and consistent with where it was when approval was made. You’ll want to continue making all payments on current rent, mortgages, car, credit cards, etc on time.
5. Your real estate agent partner is also your fiduciary in the real estate transaction and is there to protect your interests every step of the way. This is why it is critical to partner with an agent/team that is experienced and knowledgeable in the local market and the field. Small mistakes can be costly ones.

At the Sandi Pressley Team we’re here to help you realize your dream of homeownership and partner with the best lenders, inspectors, attorney’s, appraisers and more in this industry to offer the most complete services to our clients.  Ready to make your DREAM COME TRUE?  Call us today.

HOT LISTING OF THE WEEK!

13908 INDIAN SCHOOL ROAD NE, ALBUQUERQUE, NM

Stunning home in the foothills with incredible views! SOLAR OWNED! POOL & HOT TUB! TWO PRIMARY SUITES! So many upgrades! Amazing outdoor living space with heated pool, hot tub, outdoor kitchen, wood burning fireplace, covered patios & balconies with mountain views & city lights! Grand staircase, open floorplan with lots of natural light! Entertainer's kitchen has Quartz countertops, backsplash, island, walk-in pantry, induction cooktop, wall oven, butler pantry/bar, sink & wine fridge! Beautifully updated flooring. The luxurious primary suite features private balcony with views, gas fireplace, his/her closets, separate study/office, jetted tub, two-way fireplace & separate shower. 2nd primary suite on the main level w/private bath & access to pool. Secondary bedrooms have Jack-N-Jill bath! 3CG with storage & workshop

GET YOUR MORNING INSPIRATION WITH THE Sandi Pressley TEAM!

One thing is for sure, there will always be clothes to wash! Our washer and dryer sure do get a workout and keeping them in top working order is a must. Did you know that you should clean your washing machine once a month?  This not only ensures that the machine itself will last as long as it should, it also ensures that your clothes will be as clean as possible.

It may seem counterintuitive to have to ‘clean your washer’, but over time as the washer itself is cleaning clothes of gunk and grime, that dirt is also building up within the washer along with detergent residue. Your unit can also build up mold and mildew due to the moist and humid temperatures associated with cleaning and often time the room they are housed. This can lead to odors in the machine and ultimately, on your clothes.

So let’s dig in and talk the steps necessary to clean your washing machine properly. If that’s the case, the process is super simple as the washer does all the work. Just follow the instructions from the company.

If you do not have a clean cycle, you’ll want to do the following:

1. Identify the top of washing machine you have. A HE Front & Top Loader will require one approach, while a Non-HE machine requires something slightly different.
2. Decide on the type of cleaner you will use: White vinegar, bleach, or a commercial cleaner. If you’re looking for a non-toxic cleaner, white vinegar will be your choice. Some manufacturers, however, will recommend using a bleach or commercial cleaner, so it is important to check your guide books. You’ll also want to check your guide books for recommended amounts of cleaner to use. **Never mix cleaning solutions! You’ll use one of the solutions and only one.

Steps to cleaning a HE Top or Front Loading machine:

        1.  Choose the “clean” cycle. If your machine doesn’t have this, select the hottest water setting. In some cases, this may be the setting for whites or heavily stained clothes

1. 2. Choose the added rinse cycle if it’s available.
   
   3. Fill the bleach dispenser with your cleanser choice.
   
   4. Fill the tub to the highest level (this will probably be automatic with the clean cycle) and run the machine.
   
   5. If you don’t have a second rinse cycle, run the rinse cycle again manually.

Once you’ve finished the clean cycle, you’re then going use a vinegar dipped cloth to wipe down & thoroughly clean the gasket that seals the door (mildew & mold loves to creep in here), the drum, soap dispensers, and the entire outside of the machine.

Doing a weekly wipe down of your washing machine will also help prevent excess buildup and keep your clothes looking and smelling much cleaner, and again preserving the longevity of your machine.

For more homeowner tips, real estate information, and community highlights, be sure to check our blog frequently and visit our Facebook page.

HOT LISTING OF THE WEEK!

1 SKY MOUNTAIN ROAD, PLACITAS, NM 87043

Welcome home to this architectural gem nestled in peaceful Placitas. With natural light pouring in, you will notice the timeless details of gorgeous beamed ceilings, stamped concrete floors, antique vanities, and stunning antique, solid-wood doors throughout this exquisite property. Featuring SIX kiva fireplaces throughout, and radiant heat floors, you will surely stay cozy yearound. The kitchen showcases abundant storage, oversized pantry, and butcher block counters and is open to the dining room to make entertaining a breeze. Enjoy coffee in the heated sunroom while taking in the panoramic views of the Sandias. Master Suite is enormous, and also features striking views, a beautiful en suite and unbelievable closet full of storage solutions.

GET YOUR MORNING INSPIRATION WITH THE Sandi Pressley TEAM!

What are your Memorial Day weekend plans? If you’re looking for some fun, you may want to check out these Albuquerque favorites!

Calling all craft beer lovers!  This is your time. Spanning 11 days from May 25^th through June 4^th in Albuquerque is the great ABQ Beer Week. Anticipated by craft beer aficionados all year long, this event celebrates so many awesome Albuquerque breweries, bars, and restaurants that you don’t want to miss! There are over 100 events taking place at 60 venues throughout the area. You can expect beer dinners, beer and food pairings, special beer releases and tapping’s, along with many other fun and educational events over the course of the 11 days. So grab your friends and family and get out to enjoy all the tasty fun. More information is found here.

Sip into summer at the New Mexico Wine Festival (formerly Albuquerque Wine Festival). Held annually at Balloon Fiesta Park, it’s New Mexico’s BIGGEST wine event and a Memorial Day tradition. Over the course of the 3 days, you will be treated to a great selection of red, white, and sparkling wines with a fantastic range to please any palette. There will also be wonderful award-winning musicians providing live music, fantastic local artisans, and scrumptious food to try.  Over 16 local wineries will be represented! So much is in store for fun in these 3 days! Are you ready?  VIVA VINO! Get more information here.

So many great summertime events and activities are slated for the Albuquerque area. Be sure to check our blog frequently so you don’t miss any.

HOT LISTING OF THE WEEK!

26 BENDITA LOMA, LOS LUNAS, NM87031

Country living retreat on 5 acres with private drive, solar powered gates, pastures, 3 covered horse pens & turn out, fenced with gorgeous mountain views! Incredibly maintained! Casual elegance abounds in this custom 4BDR/3BA/3CG home! Lots of natural light! Re-Stucco (2022), Refrigerator Air, Water Soft, Central Vac! Custom kitchen with hickory cabs, double oven, 5 burner cooktop, large pantry & breakfast nook bay! Open plan family room with cozy pellet stove, custom bar & wine rack, picture window with mountain views! Private master suite with patio access, dual sink vanity, jetted tub, sep shower, walk-in closet. Guest suite with its own bath. Finished, insulated 3CG with 9ft garage door, attic with ladder & utility sink. Relax & enjoy the views, entertain family & friends in the beautiful backyard, large covered patio & hot tub!

Get your Morning Inspiration with the Sandi Pressley Team

Offering a strong job market and ever-growing economy, with a great blend of cultural diversity and gorgeous landscapes, the housing market is flourishing in Albuquerque. While many parts of the country experienced a slowdown, Albuquerque continues to be competitive and fast paced. Here are the current stats for our area:

MEDIAN SALES PRICE:  $338,000.

MED PRICE PER SQ/FT:  $194

UP 3/2% (YoY)

SALES TO LIST PRICE RATIO: 100%

**There has been a steady rise in home values over the past year with the average home vale now at $310,836. - up 5/2%.

This healthy market shows homes selling quickly in an average of 22 days, with an average of 2 offers per home and many others with multiples. The supply of homes in Albuquerque is still below the need of buyers searching for homes, which means Sellers…it’s a GREAT time to list your home!

If you live in the Albuquerque area you already know how special it is and why it is an awesome place to call HOME! If you’re looking for an amazing city and community to live, let me tell you, you’ll find nothing like our city! Fantastic landscapes and natural playground for outdoor enthusiasts, cultural dining experiences that are second to none, excellent schools, arts and culture, and entertainment galore.

How can we assist you with your real estate goals? Whether you’re buying or selling, put the experience, knowledge, and expertise of the Sandi Pressley team to work for you!

Location is the name of the game with these latest HOT properties from the Sandi Pressley Team! Whether you're looking for a truly uniques property or a home close to UNM, restaurants, shopping and more, these listings are the perfect match. 

Contact the Sandi Pressley Team today for your exclusive showing. You can also check out all of our listings on our Featured Listings page.

Learn More!

2115 Lead Avenue SE, Albuquerque, NM 87106

Location, Location, Location! You don't want to miss this charmer close to UNM, restaurants, shopping and more. Beautifully maintained wood floors greet you in this light-filled beauty. Enjoy the open kitchen with lots of cabinet storage and gas cooktop. Home features 2 bedrooms plus a study and a freshly renovated bathroom. This oversized lot gives you tons of options and includes both a water feature and garage. Stucco done in 2011 and all pipes and sewer line replaced in 2015. Come see today!

Learn More!

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Selling a home can be challenging, especially if you decide to sell your home in Albuquerque on your own, otherwise known as a For Sale By Owner or FSBO. Yet now more than ever, enlisting the help of an agent to help sell your home is critical to the success of the sale, as well as your safety.

Here are a few reasons why you should use an experienced real estate agent when selling your home in Albuquerque.

1. Safety

Real estate agents in Albuquerque, such as Sandi Pressley and her team, are particularly aware of safety issues when selling a home during this pandemic. Not only will they take precautions to protect your health, but to also protect your belongings. They can regulate the number of people who view your home at one time, as well as assure sanitation before and after the showing. If needed they can arrange virtual tours. The National Association of Realtors (NAR) has issued standards that agents will follow to make sure your home sale is as safe as possible.

2. Powerful Online Marketing

Studies are showing that after the COVID-19 outbreak, the number of people who searched for homes online rose to 93%, and that number keeps growing. Your listing is networked through multiple online resources, making your home for sale visible to anyone in the world. Do you have that capability?

3. Negotiations

If you sell your home in Albuquerque on your own, you will have to negotiate with various individuals to complete the sale, including the buyer, the buyer's agent, inspectors, the appraiser, and more. Real estate agents are experts at negotiating with these individuals. They make sure that those negotiations result in a smooth and fair transaction.

4. Is the Buyer Qualified for a Mortgage?

When a buyer is interested in your home, the first important step is to make sure they can afford it. If you sell your home as a FSBO, you can't tell if a buyer is pre-approved for a mortgage, unless they tell you. Real estate agents are experienced in asking the right questions and making sure that you are presented with a buyer who's ready to make deal.

Also, keep in mind that the mortgage market is changing rapidly, with so many families out of work. What a person qualifies for in regards to mortgages can change daily. You need an agent who works with lenders daily and can make sure your buyer can complete the sale.

5. FSBOing is More Difficult Legally

Are you familiar with all of the mandatory disclosures and regulations that are needed to complete a home sale in Albuquerque? Again, your agent deals with legal issues daily and can help you avoid your own legal issues.

6. You Net More Money When Using an Agent

You might think you'll save money by not using an agent to sell your home. But in reality, the opposite is true in most cases. In fact, studies show that you may make less money selling your home as a FSBO. Your agent will also bring more buyers to the table, which can end up in a bidding war and netting even more.

In the end, it just doesn't add up to sell your home on your own. You can rely on Sandi Pressley and her experienced team to make sure that your home sells quickly and for the best price possible. Contact us today to discuss your options.

HOT ALBUQUERQUE LISTING OF THE WEEK

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team