Salespeople are typically focused on being transactional and closing more deals. Fiduciaries use a consultative approach, putting a client’s best interest in mind even if it means disclosing info that will kill a deal. Fiduciaries won’t place their commissions before your best interest. Unfortunately, many agents in our market are experienced at selling themselves. The real estate industry over the years has become less about the customer and more about the number of transactions an agent closes.  Some of the blame can be directly correlated to real estate coaching which has become big business and focuses on “Closing the Deal” as opposed to solving a client’s problem.  Big Real Estate coaching companies train agents to become adept at answering…

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Real Estate Raw&Uncut is for: Realtors, Agents, Buyers, Sellers, Brokers, Attorneys, Lenders, or just anyone that wants it "REAL" in REAL ESTATE! No hidden lies, none of that Realtor "fluff", no TV drama, no media BS... only the cold hard truth which we deliver unscripted and unfiltered with a new episode every week.

Episode 185: Chances are very good that your seller will receive much less in the long run for an overpriced property than if the property was priced correctly from the start. Most people accept and understand this concept. What many do not recognize is that knowing your product prior to listing can prove to be instrumental in getting the deal done. It is imperative that you have the following information before placing a property on…

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Seaport Real Estate Group of William Pitt Sotheby’s International Realty and two local reputable lenders will be hosting an informal open discussion regarding the current real estate market and if it is the right time to buy, sell, hold or rent. Get answers to your questions and find out if you are eligible for $1,500 towards closing costs and a 10% rebate of the agent’s commission to be paid outside of closing.  Only those individuals attending or registering for this event will be eligible for the rebate and credit.

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This event will be held at Divine Wine at 275 West Main St in Niantic. Ken Turcotte, Owner and wine educator will graciously be hosting and speaking about wines as well.  This deal will only be offered to the first 25 buyers and…

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Noank Village is not just a wonderful place to own a home, it is a special place to live. There is a quality of life and a quality to life here that is unmatched. Situated on a peninsula at the mouth of the Mystic River, the sun reflects off the water on three sides giving the village a special glow. Noank is also imbued with a unique community spirit that shines forth in the longest running continues annual Memorial Day Parade (since 1875) and the annual Holiday Carol Sing and Tree Lighting at the park.

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Noank’s history is reflected in the beauty of its homes. Because surrounding deeper waters were advantageous for shipbuilding, Noank developed several thriving wooden shipbuilding yards during the 19th century, including one of the largest in the…

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Over the last 6 years we saw rates on mortgages fall to a level not seen before. In 2007 the average rate for a 30 year fixed rate mortgage was 6.25%. In the Spring of 2013 that rate had fallen to an average of around 3.5%.  Let’s take a look at what that payment difference was in dollars on a $160,000 mortgage (all examples below are calculated based upon principal and interest payments only; tax and insurance escrows are not included):

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Rate                 Monthly Payment                             Payment Difference                          % Change in Dollars

                                                                                                                               

6.25%                    $ 985.15

…

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(Written by Bob Ruth) The first step in buying a home is deciding how much of a payment you can afford. This is usually done with the help of a loan officer who will try to get you pre-qualified for the necessary financing to buy a house. Getting pre-qualified before you go and look at houses is the best option in my opinion for 3 reasons :


1 -  You'll go out knowing how much you can afford which saves time.

2 – You’ll be less likely to look at houses that are beyond your ability to purchase...nothing is worse than falling in love with a house only to find out that you cannot get the financing because it is beyond your means financially.

3 -  The Realtor will be able to negotiate more effectively for you due to the fact that you can tell…

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Which waterfront community will you choose?

Seaport Real Estate Group actively tracks over sixty waterfront communities along the Connecticut Shoreline from the seaports of Stonington to the beaches in Branford. Each of these communities offer unique attributes, amenities and property types that cater to the lifestyles of its residents. For more information about Waterfront Communities & Shoreline Properties for sale in southeastern Connecticut please visit Seaport Real Estate Groups Shoreline Guide.

Find the Perfect Home at the Right Price 

When buying a home it is important to determine exactly what you want and need in order to make smart decisions. But, a waterfront home is not just any home. Special considerations need to be taken to ensure…

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5 years ago most real estate markets were thriving....all except for one. The commercial multi-family marketplace was taking a major hit. After all, anyone with a pulse could get a loan and purchase a single family home as opposed to renting. Vacancies were at an all-time high and many commercial apartment brokers were forced out of the market.

The recent paradigm shift has created huge opportunities for those who stayed in this segment of the market. As a potential homeowner it is now very difficult to get a loan. People who previously possessed good credit and owned huge homes are now forced to rent due to the loss of an income.

Commercial lenders have closed their wallets, put their feet on their desks, and are playing the waiting game. The…

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While the economy in Mystic Country slowly recovers from this economic
debacle, we look to each other for signs of improvement. We often ask our sphere
of influence how business is going and believe that the answer will somehow act
as a road sign for what is to come or a litmus test of our own present success
level. For some reason there are always a few individuals in each trade who
consistently remain busy and the work continues to flow to them like a river to
the sea.   I pride myself in working with the best business people in our region.
These individuals have not only mastered their craft but they uphold a moral
code and desire to do what is right. Have you ever worked with someone who took
pride and ownership in their trade? A…

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A recent article in The Day News Paper quoted an economist as says, “Connecticut housing has become
more affordable relative to residents' income, declining from a high of 5.4
times income to a current level of 4.2 times income - still about a point
higher than the national average.”

This was a great article and I think that it deserves a look. Click here
to view the article. We feel that the Mystic Country portion of CT is extremely
unique and must be analyzed independently form the remainder of the state.

Homes selling at 4.2 times income levels are not necessarily a great thing. If
we take a look at the Case-Schiller Index which states that equilibrium in a
perfect world is 3 times household income then we still have a long way to go.
Those figures become much…

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