Abbey Drummond Real Estate

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United States
Salt Lake City, UT
Abbey Drummond Real Estate

As a Realtor at Windermere in Utah, I promise to help you find your perfect home, sell your home, or help you find that dream investment property.

Hello, Salt Lake Community! I love this city — from hiking during the summer, snowboarding during the winter, listening to the many bands that come through, or just hanging in the park or the local restaurant — this city has it all and it's the people that make it so great. My love for this neighborhood began when I moved here, and the joy of watching people make a home, well, a home, is what brou

ght me to the industry. I know from experience that buying or selling a home is a huge undertaking, so that's why my clients and I work together as a team. From figuring out their goals to accomplishing and exceeding them, I am with my clients every step of the way, making sure they feel comfortable and happy with each step in the process. I am their number one cheerleader, advocate, negotiator, and friend. If you are in the market to buy or sell your property, think to me as your agent. Let's sit down, figure out your goals and then accomplish them within a timely manner.

03/06/2024

The time we almost left $$$ on the table...

It was a close call but...

GOTCHA!

I would never let my clients leave money on the table!
BUT it’s great to know what things are up for negotiation when you find yourself in a real estate transaction.

Besides price, here’s what else should be on the table when making your life’s biggest purchase...

Closing Costs
Buyers and sellers can play around with closing cost credits. We can negotiate credits to help cover those loan-related expenses.

Rate Buy-Downs
Looking for a lower interest rate? We can ask the seller to pay for points to 'buy down' your rate.

Home Repairs and Credits
Inspection reveal issues? We'll negotiate for the seller to make repairs or offer a credit toward your closing costs.

Contingencies
Need to sell your current home first? We'll ask for a sale contingency. Need a specific closing date? We'll put that in the offer, too.

Leasebacks
Not ready to move yet? We'll request a lease-back agreement (where the seller pays you rent while they continue to live in your new house after closing).

Warranties
We can negotiate with the seller to include a home warranty policy to cover potential repair costs during your first year as the owner.

Ready to find your next home and put my negotiation skills to work?

Send me a DM and we can schedule a 15-minute free consult call with me.

03/05/2024

It's time to go *Boujee on a Budget*

In all my time real-estating, I've seen some impactful upgrades that give the homes a fresh look AND are easy on the wallet.

These are a few of my favorites:

• Replace faucets and cabinet hardware. Estimated cost: $150-$400 for a kitchen faucet and $5-$25 per cabinet pull.

• Upgrade door k***s and hardware. Estimated cost: $28 per passage door and $31 per privacy lock.

• Swap builder-grade switch plates for decorative ones. Estimated cost: $5-25 per plate, depending on style.

• Refresh rugs. Check out Rugs USA or Loloi on Amazon. Both sites partner with designers, like Rifle Paper Co and Arvin Olano for elevated looks. Estimated cost: $189 for a 5x8 rug.

I'm a huge proponent of making small changes that go a long way.

Want more tips about small projects with big impact? Reach out - I’ll share what I’m seeing local DIYers take on these days.

03/01/2024

When it comes to an agent making an impact at a listing, the little things *are actually the BIG things.*

Of course, we must nail the obvious things like killer photos and videos, staging, and pricing your home right...but there's more!

Go ahead and swipe for what I believe to be small tweaks that take a listing from good to great.

02/28/2024

Looking to buy a home? Here are the top 8 things to look for:

1) Neighborhood: A great house deserves a great neighborhood. Research local schools, amenities, and the overall vibe.

2) Floor plan: Imagine your daily life in this space. Can you see yourself living here comfortably? Is there room to grow into it?

3) Major home systems: Get to know the HVAC, plumbing, and electrical systems. A home inspection can save you from expensive surprises.

4) Exterior: First impressions matter. Assess curb appeal, maintenance needs, and potential repairs.

5) Natural light: Bright spaces can improve your mood and save on energy bills. Open those curtains and take a good look.

6) Signs of damage: Keep an eye out for any red flags like water damage, mold, or structural issues.

7) Garage: Does it fit your car(s) and storage needs? Don't forget this crucial space.

8) Renovation needs: Assess and price any updates or renovations. It's all about making the house your own.

Ready to start your journey? I've got a Home Buyer Guide tailored to help navigate today's market. Comment 'Buy' and let me send it your way.

Source: https://www.rockethomes.com/blog/home-buying/what-to-look-for-when-buying-a-house

02/26/2024

Unexpected home expenses can catch you off guard...

Here are three practical ways to ensure you're financially prepared for any curveball:

1) Build a safety net.

Setting aside a small amount each month, even as little as $50, creates a financial cushion for those unforeseen home-related challenges. Set up an auto-draft to a high-yield savings account (HYSA) and earn some interest while you save!

2) Review your insurance.

Approximately two out of every three homes in America are underinsured. Take the time to review your homeowner's insurance to ensure it adequately covers your needs.

3) Plan for replacements.

Understand the remaining lifespan of major items like your roof, water heater, and appliances. This allows you to budget for future replacements, preventing unexpected financial strain.

Want some extra help handling unexpected home costs?

Comment 'maintenance' and I'll send you my free Homeowner’s Maintenance Tracker, which includes a detailed appliance tracker to help you stay organized, plan for replacements, and keep surprise costs at bay.

Source: Underinsured Home Insurance FAQ - Nationwide.

02/23/2024

*Reminder* You don’t have to be actively buying or
selling a home to start a conversation with me.
Swipe for 6 questions you can ask me now (it's never too early to start planning!)

02/08/2024

Ever wondered about the various factors influencing your home's worth? Here's a quick rundown:

1) Proximity to amenities, schools, and transportation.
2) Square footage and the number of bedrooms and bathrooms.
3) Age and condition.
4) Recent sales prices of similar homes in your area.
5) The current state of the local property market.
6) Special features, home upgrades, and construction quality.
7) Local factors like employment rates and overall economic health.
8) The number of homes available vs. buyers.

Want to know what your home is worth in today’s market? DM me your address and email, and I'll send you a Comprehensive Market Analysis specific to your home.

02/05/2024

For the past few years, interior design trends have largely stayed the same. This year? The talented crew at Studio McGee predicts some bold shifts in the design world.

Swipe for a few that may catch your eye this year:

1) Country club aesthetic: A style that wraps your rooms in the tranquility of whites, creams, and playful greens — just like the country club golf course.

2) Natural and luxe pairings: This trend is all about merging natural elements like plaster and stone with modern, sleek finishes like glass and straight lines.

3) Warm reds: Dusty pinks, deep burgundies, and earthy red undertones will give our homes a cozy, comfortable feel in 2024.

4) Understated opulence: Rich velvets, fluted glass, European bedding with piped borders, fringe, and marble. A blend of elegant simplicity and intricate craftsmanship.

5) Italian-inspired pieces: Ironwork, plaster ceiling medallions, marble, busts or sculptures. Don't be surprised to see touches of the Renaissance coming to a home decor store near you.

6) Statement tile and flooring: Expect to see exciting tile combinations, both on walls and floors, to make an expressive statement about your style.

What do you think? Are you a fan?? Have you already started to see these trends come to life? Comment below!

01/30/2024

Navigating the decision to lease or sell a home can be complex. I recently guided a client through this exact dilemma.

For those of you facing a similar crossroads, here are the key factors we weighed in the decision-making process.

Leasing Benefits
01. New Income Stream: Leasing can turn your home into a source of regular income, a bonus if the rent covers your mortgage.
02. Your Home, An Asset: Instead of a liability, your home becomes an asset, potentially enabling a second mortgage.
03. Flexibility with Timing: If your home needs renovations or repairs before selling, leasing buys you time (although renos with tenants can be a bit of a balancing act).
04. Tax Advantages: Landlords often enjoy tax deductions for repairs, travel, insurance, and interest.

Leasing Drawbacks
01. Added Responsibilities: As a landlord, you're in charge of maintenance and tenant management.
02. Increased Liability: You must ensure the property meets the latest codes
03. Financial Risks: Vacancies mean you're footing all bills, and missed tenant payments directly impact your bottom line.
04. House calls: “Hello, our dishwasher stopped working...we need this fixed right away!” Things are bound to break and, as the owner, you’re on the line to address them ASAP.

What about selling?

When the market is strong, selling might be the better option, especially if you can get a price above market value. It's also a good move if you need immediate funds for another home or investment.

Ultimately, the decision to lease or sell depends on market conditions and which option aligns with your personal goals.

Let's connect if you're weighing this decision – I'm here to offer advice and help you make the right choice.

Source: Should I Lease or Sell? | Rocket Homes

01/24/2024

Wondering what the 2024 housing market might bring for homebuyers? Sharing the latest 2024 forecast from Housingwire:

1) Mortgage rates: While rates reached more than a two-decade high in 2023, they cooled at the end of the year. Expect them to settle between 6% and 6.5% in 2024. This is higher than pandemic levels but lower than 2023 peaks.

2) Home sales: The number of home sales is predicted to pick up in 2024 but will still be below average due to ongoing uncertainties in the economy and the housing market.

3) Home prices: The direction of home prices depends on market dynamics. If sellers enter the market before first-time buyers, expect a modest dip in prices early in the year. If buyers enter first, it will be a competitive market with rising prices. However, any price drop is likely to be short-lived due to low inventory levels.

4) Inventory: Inventory will increase somewhat in 2024, but it will still be low largely due to demographic factors, such as Baby Boomers staying in their homes longer and fewer homes available for downsizing.

5) Renting: Rental deals may be more attractive than buying in the early part of 2024 due to new apartment constructions and rent declines. Nonetheless, the demand for homeownership remains strong among millennials, a group that’s underrepresented in current homeownership statistics.

Thinking about buying this year? Send me a message, and I’ll send you my Buying Guide. It lays out what you can realistically expect when you're ready to take the leap.

Source: Here's what you can expect from the 2024 housing market - HousingWire

01/23/2024

Contemplating putting your home on the market in 2024? Here's a preview of what to expect:

1) Dipping Rates. Prepare for more favorable rates in 2024, increasing the pool of potential buyers.

2) Increase in home prices: As new buyers enter the market, and inventory remains low, expect prices to climb further, indicating that selling will be profitable.

3) Fierce competition: Low inventory means eager buyers. If you want top dollar, professional photography, staging, and curb appeal are non-negotiables.

4) Optimistically cautious: Many predict a strong year for the economy and the stock market, but some are more enthusiastic than others. Don’t expect a recession, but don’t expect things to go completely smoothly, says Kristina Hooper, chief global market strategist at Invesco.

Despite the challenges, selling in 2024 has the potential to yield a substantial profit. To expedite the process, work with a knowledgeable agent, price your home competitively, and consider offering concessions.

If you're navigating the complex world of home selling and need expert guidance, don't hesitate to reach out. And if you’ll drop me a comment or send me a DM, I’d love to send you my free Selling Guide that gives you a step-by-step roadmap of prepping your home for the market.

Source: Should I Sell My House Now or Wait Until 2024?

01/17/2024

You know that feeling when you're getting ready to list your home and start getting overwhelmed about all the little updates you think you *must* do before putting it on the market?

Let me share some good news – some things don't necessarily need updating! It all depends on your home.

I recently worked with a client who assumed her kitchen needed a mid-range renovation before selling. After evaluating their home, we realized that it wasn't crucial to update the kitchen. The home had tons of character and charm, and prospective buyers would likely see the potential and even appreciate the opportunity to customize.

In situations like these, it's essential to lean on the expertise of your real estate agent. I’m here to assess the market, the neighborhood, and the current demand to help you determine what's critical to attract buyers and what's not so important.

From my experience, it varies from house to house, but I always work to ensure your home is shown in its best light while staying within a reasonable budget.

What questions do you have about prepping your home for sale, or what updates you've thought were essential?

Leave a comment or message me, and let's connect to find out what's best for your home!

Address

1240 East 2100 South Suite 600
Salt Lake City, UT
84106

Telephone

+18014404812

Website

http://abbeydrummond.com/

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