Las Vegas Real Estate Podcast with Dan Mumm

For the 2020 real estate market, why should we now think of January as the new spring market? Find out today. Why is January now the go-to time for homeowners to list their homes? Usually, there’s a bit of a slowdown in the market over the winter months, but we didn’t really see that over this past holiday season.  The number of homes for sale is an important metric to look at if you want to understand what’s really going on in the market; over the last five or six months, the number of homes for sale continuously dropped, and inventory was very low. This was great news for sellers, who found less competition due to low inventory.  It’s also important to look at the number of new listings coming on the market. The number of new houses on the market is very low; people are buying homes faster than homes are being supplied to the market. This is a very favorable condition for those who are thinking of selling. The final metric to look at is the number of closed sales. During that period, the number of closed sales actually remained steady—it even increased a little in December. So what does this mean overall? It means that January 2020 is a great time to sell your home. I wouldn’t gamble by waiting until the spring to list, unless you want more competition from all of the other sellers who also list around that time.  So if you’re thinking about selling or you have any questions, don’t hesitate to reach out to me. I’d love to help you.  

Believe it or not, I’m here to share four good reasons a person may have for not buying a house. Today I want to talk to you about why not to buy a house. Before you ask, no, folks, I promise I haven’t gone totally crazy; there’s a perfectly logical reason why I, a Realtor, would talk to you about reasons not to buy a house.  First, I think it’s unhealthy as a businessperson to assume that every single person is a good fit for my product or service. Some people should buy a house, others shouldn’t. My job is to service those who already know that buying a house is the right decision for them—not twist the arm of those who don’t want to buy.  Real estate is widely believed to be a good investment because, if you hold onto property long enough, it will eventually increase in value. This is true, but what about inflation? If your house appreciates, but at a slower rate than inflation, the value increase may be negligible.  In fact, when adjusted for inflation, property appreciation rates over the last 30 to 40 years are rather underwhelming—1% to 2% a year. Now, of course, if you buy in good locations, then you can start making appreciation work for you. Unfortunately, scoping out ‘steals and deals’ (buying a cheaper property in bad locations) is how too many homebuyers approach the process.  “Some people should buy a house, others shouldn’t.” Another factor to consider is that there are a lot of capital expenses (aka deferred maintenance) that come with owning a home. Building up equity always seems better than hurling money at rent, but what happens when a few years down the line a huge repair is needed? If you built up $10,000 in equity, but your recent roof replacement cost you $10,000, equity becomes a moot point.  Then there’s risk. For example, if you bought a home in Vegas in 2006 or 2007, you’re still underwater on your home in 2019. Almost 14 years later, your house still isn’t worth what you paid for it. Though that’s an extreme example, it proves that we cannot blindly assume that your property will always be worth more in the future.  Lastly, consider that our economy and society have shifted to favor more mobility. People move around more now than they ever have before, for all sorts of different reasons. Not wanting to be tied down permanently has become a cultural norm.  Don’t forget that the reasons you should consider buying a house remain equally compelling. First, owning a home offers long-term stability. If you see yourself being planted for 10 to 15 years and desire that long-term control, you’ll only get it through the security of ownership; even a long-term lease carries too much uncertainty. Secondly, if you have pets, or need to be able to customize your living space to your specific style and needs, then ownership will be best.  If you have any further questions on what’s right for you, don’t hesitate to give me a call or send me an email. I’m always happy to help you set and achieve your real estate goals.

The main reason why the Raiders won’t affect home values in 2020 is that they’ve already left their mark on real estate. A few months ago, I sent out a video about the incoming Las Vegas Raiders NFL football team and its impact on the housing market here. I got great responses—some folks agreeing with me, others not so much—so I decided to do another video about what everyone seems to be discussing. I’ve been getting this question a lot: “Are the Raiders going to increase the value of my home?” I wanted to take some time to explain why, in reality, it probably won’t happen that way.  Naturally, the real estate market is speculative, meaning that people are basing buying and selling decisions not just on what happens right this second, but what’s going to happen in the future.  An example of speculation: If a pharmaceutical company announces a miracle drug that could cure cancer, that company’s stock is going to skyrocket. Even before anything is officially announced, word of the research and development of such a drug getting out could shoot stocks up.  “The pricing you have now is, at least in part, because of the Raiders.” The key here is that the stocks increased upon the announcement, not the actual release of the drug. If you wait until the release, you may have missed the boat entirely—stocks could actually be plummeting by then for a variety of reasons.  Real estate is the same way; when there was a general buzz about the stadium being built for the Raiders in 2015 and 2016, that’s when speculation affected prices the most.  This means that the pricing that you have now is, at least in part, because of the Raiders. You can thank them for that. However, the idea that somehow your property value will increase once the first game is played in Las Vegas is just not realistic.  In studies from other markets that welcomed an NFL team, we see there really isn’t any evidence to claim that post-announcement events, like a stadium’s completion or a team’s first game, have a real impact. If you have any other Raider-related or real estate questions, give me a call or send me an email. I’m always happy to look at your situation and help you decide what moves make sense.

The holidays are a great time to list and there are four main reasons why. Contrary to what you might have heard, winter is actually a great time to put your home up for sale. Many assume that waiting until after the holidays will work to their advantage, but there are four reasons that selling during the winter months instead can be the better option:  1. Supply is low and demand is high. Because so many people fall for the myth that our market is inactive over the winter, few sellers actually make the move to list their home. This means those who do have the unique opportunity to stand out above the crowd and enjoy the higher demand that comes along with the seasonally depleted supply. Waiting until spring, however, will only leave sellers pitted against a much higher level of competition.  2. Our Las Vegas market doesn’t rely much on seasonality. Excluding certain high-end real estate markets, people move to and from our area year-round.  “Sellers with homes on the market during this season can rest assured that the buyers who approach them are most likely ready to strike a deal.” 3. People have more free time around the holidays. Despite the amount of time we tend to spend with loved ones at this time of year, many of us also have plenty of time off from work. This gives sellers more availability for showings and buyers fewer scheduling constraints when they’re out searching for the perfect property.  4. Buyers are more serious during the holiday season. Unlike in the spring and summer, “looky-loos” (so-called “buyers” who are more interested in snooping around open houses than actually submitting offers) are very rare in the winter months. This is because those who choose to move around the holidays usually have strong motivations to do so. Therefore, sellers with homes on the market during this season can rest assured that the buyers who approach them are most likely ready to strike a deal.  If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

There are several ways our Las Vegas market differs from other markets. Whether you’re looking to move to Las Vegas from out of state or you’re a current resident looking to sell your home, our market is different from other real estate markets in several ways that you should take note of.  First of all, the percentage of owner-occupied homes is very low compared to other areas. There are a lot of vacation homeowners and investors who own properties in our market, which means a lot more rental homes and vacant homes dotting the landscape.  Second, our market isn’t very seasonal, which brings me to my next point: Las Vegas is a very transient city. In other words, people move in and out at a quicker rate than normal. On average, Las Vegas residents move every three years, while the national average is about seven years.  “Our market is different from other real estate markets in several ways that you should take note of.” Because of this, school zones aren’t as important in our market as they are in other markets. They’re still very important when it comes to higher-priced homes, but not so when it comes to condos and entry-level homes. Our status as a very transient city also means homes aren’t really prepped for sale like they are in other markets, which can be frustrating for out-of-town buyers who expect all listed homes to be prepped and staged.  On the financial side of things, another notable difference is that you don’t need an attorney in our market in order to sell. Most often, people just use their Realtor and/or the title and escrow company to facilitate the transaction.  Lastly, the contracts for our home purchases are heavily favored toward buyers. By this I mean there are no real financial tie-downs to the option period. If you’re buying a house, you can cancel at any time, for any reason, with no penalties. We wish contracts were more balanced between buyers and sellers, but that’s the reality of the situation.  If you have any more questions about what makes our Las Vegas market different from other markets or you’re thinking of buying or selling a home here soon, don’t hesitate to reach out to me. I’d love to help you. 

What’s happening in our Las Vegas market so far this September?  We’ll keep today’s update short, as the numbers for this month are pretty similar to the earlier summer months. One of the changes worth noting, though, has been our level of inventory. Back in July, inventory reached a peak with roughly 10,000 homes listed on the market. After hitting its peak, our supply decreased from 9,700 to 9,600 in August and September, respectively. The number of new listings coming on the market has remained relatively unchanged at around 5,000. We’ve had 3,900 homes go under contract so far this month, which is also comparable to the previous two months—4,100 in August and 3,800 in July.  “This month, the average Las Vegas home is spending 46 days on the market, compared to just 40 or 41 days in the last couple of months.” Days on market is another area where we’re we’ve seen a bit of a change recently. This month, the average Las Vegas home is spending 46 days on the market, compared to just 40 or 41 days in the last couple of months. And actually, that slight bump is present across all price points right now. If you’re a seller, take note that despite the fact that prices haven’t increased (which I’ll touch on in a moment), days on market have, so it might take a little longer to sell your home at the moment.      Let’s turn our attention to home prices, which, as I mentioned, have stayed pretty level over the last few months. In July, prices were right around $321,000, before rising to $326,000 the next month and coming down to $321,000 again this month.  As one final note, we’re expecting the Fed to announce another rate cut in the days ahead, so keep an eye on that, as it will likely mean lower mortgage rates.  If you have any questions or would like more information about our Las Vegas market, please feel free to reach out to me. I look forward to hearing from you!

I’m often asked by sellers how much value a pool will add to a house. This is the perfect time to discuss this question because it’s pretty hot here in Las Vegas—I’m building a pool in my backyard even now.  In real estate school, they teach you that a pool adds about 10% of the value to a house as compared to one without a pool. This is oversimplified to the point of being inaccurate. I can tell the difference between a seasoned Realtor and a new one based on whether or not they say this. So how do you determine how much value a pool adds? One of the most important factors is whether the home and its lot are conducive to building a pool. If you have a small lot and the pool would take up most of the yard, it’s not conducive to building a pool, which means that it wouldn’t add as much value. “If the pool equipment is just stuck somewhere in the backyard, clearly visible, that’s a good way to tell that it’s not well done.” Another factor to consider is the layout of the house. Our house has plenty of windows in the back that overlook the pool area; a modern-style house with good sight lines to the backyard is much more conducive to building a pool (and adding value) than an older house without lines of sight. More externally, the market also plays a role in dictating how much value a pool adds to a home. If you live in an area where no houses have pools, making you the only pool owner, that will increase the value of the pool. On the other hand, it’s worth considering why there are no houses with pools. It could be that you’re living in an area where the houses aren’t conducive to building one, or that you’re in an entry-level market area where first-time buyers aren’t willing to pay for them. That’s more of a negative than a positive. The final factor the determines a pool’s value is the quality of the pool itself. What are the finishes? A Pebble Tec interior finish is much more durable and will last about 20 years, whereas the average plaster finish will probably not last that long at all. And if the pool equipment is just stuck somewhere in the backyard, clearly visible, that’s a good way to tell that it’s not well done. It will cost a bit more to keep the pool equipment tucked away in a separate area where it’s neither visible or audible, but that’s how you can tell if a pool has been professionally done. Hopefully this has been informative to you! If you have any questions about this or other real estate topics, don’t hesitate to reach out to me. I’d be glad to speak with you.

Some say that the market is great, yet others maintain that it’s terrible. With these conflicting perspectives, it’s hard to tell what’s actually going on. In today’s update, I’ll hopefully clear up any misconceptions about the state of our market.  Our numbers reveal the truth: The average home price is $326,000. This is down slightly from July, where it was $321,000, and roughly the same as it was in June—not a huge change in the grand scheme of things. Our average days on market is 43 days currently; the average was 41 days in July and 42 in June. Overall, we have a good, balanced, and healthy market. So why are people so confused? I think the reason is because Las Vegas had a very unusual market for the last five to six years. We saw a ridiculous amount of growth here; every year we kept skyrocketing in price, with some areas seeing 7% to 10% appreciation per year. Sellers gained a ton of equity and homes were selling in two or three days with multiple offers. We experienced this from 2013 to 2018, and now that the market has balanced out, expectations are still where they were two or three years ago. “Overall, ours is just a good, balanced, and healthy market.” Ultimately, there’s no real cause for concern. Another important thing to note is that interest rates are very, very low right now: Everyone with a mortgage should consider refinancing to lock in a low rate. I just did it myself, in fact. As a final note, understand that a home’s condition is becoming increasingly significant to buyers. Two or three years ago, if a property was priced correctly, its condition wasn’t too important. Today, however, even lower-priced properties need to be in good condition to sell quickly. Buyers are having a tough time seeing past a home that doesn’t look its best, so it’s beneficial for sellers to consider staging, recarpeting, and adding a fresh coat of paint before they put it on the market. If you have any other questions about the market, don’t hesitate to reach out to me. I look forward to hearing from you soon!

Almost all of my sellers ask me what they should do to prepare their home before listing it, as well as what they shouldn’t do.  There’s a lot of confusion around this topic, and it’s no mystery why; many Realtors suggest wildly different things to their sellers. And while I’d love to give a simple, clear answer to the question, it does depend on a lot of factors, which I’ll discuss today. Market conditions. In a strong seller’s market, you don’t really need to do much; if there’s little inventory and no competition, you could price your home reasonably and it would sell no matter what. This was pretty much the case for the Las Vegas market up until the end of 2018, when we started to see a shift in prices. Price point. In the average price point, you don’t really need to do a whole lot to sell a house, whereas in the higher price points ($400,000 and up), the condition of the house becomes more and more of a factor. The selling standards of the neighborhood. If everyone in a neighborhood has granite countertops and you have tile countertops, that will significantly hurt you when it comes to the sale. If all the homes in your neighborhood are renovated and cleaned up before they sell, you might need to do that yourself, even though other factors may suggest otherwise. The resources at the seller’s disposal. Do you have the money or the skills to make the necessary changes? If you don’t have the resources to do anything, then you’ll just have to use whatever strategies are available. Ask your Realtor for their input and take their approach. “In a strong seller’s market, you don’t really need to do much; if there’s little inventory and no competition, you could price your home reasonably and it would sell no matter what.” Now, if you have limited resources, what should you do to get your home ready for sale? Here’s my personal list: Declutter. The more personal items you can remove from the main living areas, the better. It also doesn’t cost you anything! Paint. Generally, painting is very inexpensive. The entire interior of a house can cost around $2,000 to repaint, but it dramatically changes the perception of your home. Boost curb appeal. First impressions are everything in real estate. Do whatever you can to make a potential buyer’s first look at your home as good as possible. If you can clean up your front yard and update your landscaping, you’ll go far in your sale. Eliminate odors. If you have pets in your home or the smell of cigarettes, it’ll turn buyers off your listing. However, these odors are relatively easy to get rid of, though they might require some research. If you have any questions about today’s topics, don’t hesitate to reach out to me. I’d love to hear from you.

Will the arrival of the Las Vegas Raiders double the value of your house? As much as I’d love to say yes, the answer is probably not, and there are a few reasons why.  First of all, the jobs that were created to build their new stadium are mostly temporary. On top of that, they’re mostly lower-income jobs that don’t have a huge impact on the economy.  Second, we’ve already experienced most of the home appreciation caused by their relocation since it was announced a couple years ago. It’s not as if the economy is waiting to explode after kickoff during the first game. A big part of real estate investing revolves around speculation, and when there’s a big news item like that announced, that’s when you see that increase in demand.  Why is our Las Vegas market doing so well if it’s not because of the Raiders, then? A few key factors are driving our economy that have a far greater impact. “We’ve already experienced most of the home appreciation caused by their relocation since it was announced a couple years ago.” The first is its overall diversification. Back in—say—2006 and 2007, Las Vegas was primarily an entertainment-based economy, but that’s changed a lot in the last few years. Many notable tech companies such as Amazon have moved here, and they’ve brought in thousands of employees for more permanent, high-income jobs. These jobs, in turn, bring in more families.  Tax changes in California and a steady migration from the West Coast and the Northeast are two more factors that have contributed to the health of our economy, so while I wish I could say the Raiders are going to double your home’s value, their arrival is still good news for our market.  If you have any more questions about this or any other real estate topic, don’t hesitate to reach out to me. I’d love to help you. 

Contrary to popular belief, summertime isn’t necessarily the best time for you to sell a home.  A big reason people assume this is the case is that here in Las Vegas, the number of home sales usually increases every summer. Also, the average days on market for listed homes increases by almost 30% in the winter months compared to the summer months.  However, when you look at the big picture and take all the key statistics into account, they tell a different story.  For example, over the past 10 years, the average price per square foot hasn’t changed much from season to season. Also, the number of people trying to sell versus those who are trying to buy, which we measure by the amount of inventory, hasn’t changed from season to season either during this time span. Although fewer people move during the winter months, the overall balance between buyers and sellers doesn’t change.  “People move in and out of Las Vegas all the time, so it’s not a very seasonal market.” So, while it probably wouldn’t take you as long to sell during the summer, there’s no guarantee you’ll get a better price or the home sale process will be significantly different than it would be during the fall or winter.  When is the best time to sell, then? That depends on the market you’re in. People move in and out of Las Vegas all the time, so it’s not a very seasonal market. If we move into the suburbs or smaller towns, those areas are more seasonal.  Another factor you need to consider is price point. Entry-level homes (e.g., condos or small single-family homes) sell at a similar rate no matter what time of year because demand is so high for them. Luxury homes, on the other hand, are more affected by the seasons because it’s mostly families who buy and sell them.  Instead of looking at the seasons to determine the best time to sell, look at your micro market, which encompasses what’s happening in your specific neighborhood. General market trends might not affect you as much as what’s going on in your specific subdivision. Some neighborhoods in Las Vegas average one month of inventory, while others average as much as 17 months. If there are no available listings in your neighborhood, it’s probably a good time to sell. If there are a lot, you might want to wait a little bit.  If you have any questions about this or any other real estate topic or you’re thinking of buying a home, don’t hesitate to reach out to me. I’d love to help you. 

Now that May has come and gone, it’s time to talk about the positive developments we saw in and around our Las Vegas market.  Let’s get right into the numbers:  Between April and May this year, our number of closings shot up from 3,500 to 3,900—a 10% increase. Another increase we saw was in the average home price: In April, homes in our market were valued at around $310,000 on average. Just a month later, the average Las Vegas home appreciated by 5% and was worth $325,000.  Interestingly, the number of new listings to hit our market this past month rose to 5,900 as well, continuing the recent trend of our market’s inventory keeping pace with buyer demand. This is good news for both buyers and sellers because, while there are more homes for buyers to pick from, sellers also aren’t having much trouble getting their home sold in this market.  “While there are more homes for buyers to pick from, sellers also aren’t having much trouble getting their home sold in this market.” While we’ve seen some dramatic increases in some areas, the number of days homes spent on the market remained relatively unchanged. The average Las Vegas home spent 43 days on market in April compared to a slightly lower 42 days in May.       It’s not just sellers who have much to gain from our current market conditions, though. Not only has there been an influx in inventory, but interest rates have reached a 17-month low. Between conventional loans and investment property loans, rates are right around 4% and 4.5%, respectively.  Even if you purchased a home at a still-low 5% rate in the last couple of years, it might behoove you to consider refinancing while this window of opportunity lasts.  If you have any questions about how our market is doing or if you’d like help with any and all of your real estate needs, please reach out to me. I’d be happy to help! 

The month of May didn’t show much change for our overall real estate market, but this lack of change is significant in and of itself. Why? Well, a steady market holds plenty of opportunity for buyers and sellers alike, meaning now is a great time to pursue your real estate goals.  With that in mind, let’s review a few key numbers. 4,100 properties went under contract, which is nearly the same as we saw in the previous month, but the number of closings increased dramatically—going up by almost 50% since March. This jump appears to come as a rebound from the low buyer activity we observed earlier this year. “Our current market holds plenty of opportunity for buyers and sellers alike.” And, as a result of this increased buyer activity, homes are now spending an average of 44 days on the market. This constitutes a slight decrease from recent trends. The average sales price has also dropped, going down to $310,000. In other words, it’s a great time to make a move. If you have any other question or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon. 

People often ask us how much it costs to sell a home. Most Realtors assume people already know the answer, but a lot of people don’t because they’ve never sold a house before.  It doesn’t really cost you anything up front to sell your home. The costs you incur are paid at closing and are typically removed from whatever amount the home sells for. The only fees that you might have to pay include repair fees or to order HOA rules and regulations. Other than that, the rest of the costs happen at closing after you’ve sold. The main home selling cost is your commission. This can range anywhere from 5% to 7% depending on your location, the type of property you have, and more. This commission is typically split right down the middle between your agent and the buyer’s agent. “Different agents charge different commission rates for different reasons.” Different agents charge different commission rates, but some include different services with that commission. For example, I can pay for staging for my clients, as well as a notary, with my commission. Some agents charge a low commission but charge higher broker fees or administrative fees. Your closing costs will probably be around 1% to 1.5% of your sale price and they will cover things such as your title and escrow fees, your title policy, HOA documents, transfer taxes in certain states, and whatever you owe on your mortgage.  All in all, it typically costs you about 8% of your sale price to sell your home. If you sell with a company like Opendoor or another iBuyer that will give you an instant offer, you’re going to sell for at least 10% below market value. They’re buying to make a profit, and you won’t typically net the most money this way. If you have any questions about buying or selling a home or anything else related to real estate, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.

Many people wonder what a repair response is and how to deal with one. A repair response is the first step taken after a buyer and seller agree on a price and go under contract. The buyer does an inspection and asks the seller to fix the items that come up. When we were still in a seller’s market, buyers were pretty much left to make their own repairs—if sellers didn’t like the response, they could simply deny the offer altogether. Now, however, buyers have a lot more negotiating power and expect more repairs to be done. “A repair response is the first step taken after a buyer and seller agree on a price and go under contract.” Therefore, buyers know what is generally asked for and sellers know when to counter a repair item. Here are some of the reasonable requests we see: 1. Health and safety issues. Think of a garage door with loose hinges, or something that could be a threat for a child or person living in the home.  2. Things that aren’t immediately noticeable. If there’s a leak under a kitchen sink or in the roof, it’s reasonable for a buyer to expect a fix.  We don’t want to see repair responses for things that are immediately obvious when walking through a house. Let’s say there’s a missing closet door in the house—this is something the buyer knows when they write the offer. So, as a buyer, it’s much better to put items like these in your initial offer when you purchase the home. It’s more difficult to ask later because the seller may feel like you’re going back on your word.  If you have any questions or would like more information, feel free to reach out to me. I look forward to hearing from you soon.

With March in the books and April continuing along, it’s time for an update on our Las Vegas market. From the end of 2018 to the start of this year, our market settled into a slowdown that raised some concerns among many. Questions swirled around the economy and interest rates, there was little buyer activity, and inventory grew. This past March, some interesting developments came about in the market. Inventory shot up from 3,300 to 4,100 listings year over year—a 29% increase that, on its own, might seem like cause for concern. To make matters more interesting, though, buyer activity increased as well, and this served to offset some of those new listings coming onto the market. Mirroring our inventory rise, our total number of closed transactions also hit a 29% jump, going from 2,400 to 3,100. “Overall, these conditions make for a great market and create more of a normalized environment between buyers and sellers.” What does all of this mean? More homes are, indeed, coming on the market, but buyer demand is increasingly becoming a factor as well, serving as a counterbalance to our influx in inventory. Overall, these conditions make for a great market and create more of a normalized environment between buyers and sellers. As a final note, our days on market has remained mostly unchanged and sits at 48 days. Something to keep in mind: If your home is around the $300,000 price point, the number of days your home would spend on the market is significantly lower. If you have any questions about any and all of your real estate needs, please call me at 702-758-6390 or send me an email at DanMumm@Gmail.com. I look forward to serving you!

By default, most home sellers inevitably become homebuyers. When it comes to buying a house and selling a house at the same time, the first thing you need to do is speak with your lender. A lot of times, people will put their home on the market without realizing that they can’t qualify for another loan or maybe they have some credit issues that they weren’t aware of. There are really two ways to go about this. You can either buy a new house before you sell your current one, or you could sell your house and try to find another one at the same time. The easiest and most stress-free strategy is to buy your new home first. This eliminates moving timeframes, having to rush, and other logistical problems. The difficulty here is that most people can’t afford it or can’t qualify for two mortgages at once.  “A concurrent close rushes your move a bit, but it’s definitely an option.” If you need to sell first in order to buy your new home, the first thing you should do is list your home for sale at an appropriate price. Even if you found the perfect house and wanted to write an offer on it, most sellers won’t consider your contingent offer if your home isn’t even listed yet. If you have your home on the market and find a buyer, sellers are much more likely to accept a contingent offer.  Once you are ready to move, you have a few different options. You could do a rent-back, where you rent your home back for a short period of time from the buyer and have a month or two to move from your current home into your new one.  Another thing we can do is a concurrent close, where both transactions close on the same day. That rushes your move a bit, but it’s definitely something we can do. If you have any real estate-related questions for me in the meantime, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.