Blogs

What Is an Escalation Clause?

It’s a very strong seller’s market out there, and many properties are receiving multiple offers. When making an offer, you have two options to consider. First, you can make your highest and best offer, and the seller can either accept it, reject it, or counter it. Your second option is to use an escalation clause....

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How To Pick the Best Offer

The current real estate market is a seller’s market. There’s still low inventory and a lot of buyers anxious to purchase a home, so if you’re selling, you are likely going to receive multiple offers. Today we’re going to give you some suggestions on choosing the very best offer for you. Price. This one’s pretty...

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The Latest News and Numbers in Knoxville Real Estate

A lot of you have been asking me about the state of our real estate market and whether now is a good time to buy or sell. My answer is an absolute yes, and here’s why. First of all, if you’re looking to purchase a home, you will have to compete. At the same time,...

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Is It Worth It to Upgrade Before Selling?

Not all upgrades add as much value to your home as you might think. Here are a few that you might want to avoid: Remodeling upper levels. The buyer’s focus will primarily be on the main level rooms. Adding wainscoting or crown molding. It’s simply not as popular as it once was, so you’re not...

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Why Won’t Some Homes Sell In Our Market?

Even though we’re in the middle of an intense seller’s market, there are still a few homeowners asking me why their homes are failing to sell. If you can’t seem to find a buyer for your home in today’s market, there’s likely one or a combination of a couple of reasons: Your house might be...

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Is It a Good Time to Sell?

“Is now a good time to sell my home?” I frequently receive that question this time of year, and my answer is yes! Here are a few reasons why it’s a great time to sell in our current market: Interest rates are incredibly low. That means there are many buyers eager to purchase a house,...

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5 Features Today’s Buyers Are Seeking Out

Amidst the ongoing COVID-19 pandemic, our homes have become more than just living spaces—they’ve become offices, gyms, and classrooms. Many of us have hosted cocktail hours via Zoom and/or searched for additional spaces for our hobbies. How has this influenced what buyers look for in homes? Here are five “wants” that have become more popular:...

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Wishing You a Happy Holiday Season

Happy holidays to you! The holiday season has officially arrived. We hope you enjoy this wonderful time of year and make some fantastic memories. We wanted to take a moment to thank you for your continued support. We love helping people make their real estate dreams come true, so thank you for working with us...

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When Appraised Value Doesn’t Meet Contract Price

If your home’s appraised value comes in low, it’s possible to get it adjusted. Just like the rest of us in this busy market, appraisers are also swamped. A low appraisal could simply be due to human error. If you don’t find any errors in the report but still disagree with the findings, your REALTOR®...

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Should You Buy or Sell During the Winter?

Why should you buy or sell during the winter months? Wouldn’t it be more prudent to wait until spring? Actually, that’s not the case. The winter season can be a great time to buy or sell. First of all, winter sellers may feel like they have to be more competitive price-wise in order to sell,...

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Happy Thanksgiving from The McNamara Group

Has this been one crazy year or what? Although 2020 has been challenging for all of us, today I wanted to take a moment to thank all of you for your continued support of the McNamara Group. Even with all the social turbulence, this has still been a great year for real estate. We plan...

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