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Expert Tips for Navigating the Real Estate Market

Our mission at Clancy Real Estate is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

Don't Miss Your Chance to Join a Great Team and Give Back

Are you interested in serving your community? If so, there are two opportunities I’d like to go over with you today.

Call me at (518) 861-7016 for a FREE home buying or selling consultation

From the very beginning of my business, I knew it was important to establish and maintain a mission. A business is like an ecosystem that is sustained by a community. In turn, the business also needs to support its community.

This is why my mission for my life and my business is to help others, and today, I’d like to share two ways you can help me do that. My company is always doing everything we can to give back to the community that gives us so much. 

First, my team is currently seeking two great agents to join us. We want agents who are interested in a real estate career and are eager to serve others. And when you or someone you refer to us join our team, we will give you a $1,000 bonus after you close your first transaction.

My company is always doing everything we can to give back to the community that gives us so much.

But, there’s another opportunity I’d like to present to you, as well. If you or the person you refer to us choose to forgo the $1,000 bonus, I will happily donate $2,000 in your name to St. Baldrick’s. 

St. Baldrick’s is an organization that helps battle childhood cancer and that has always been close to my heart. My team and I have been supporting this organization for years and would love for you to join us in doing so. 

Coming up on March 11 at the Westmere Fire Department, St. Baldrick’s is hosting an event to raise money for their cause. This is an event my team and I have been involved in for many years. You can see a video message from St. Baldricks at the 3:54 mark in the video above. 

In the meantime, don’t hesitate to reach out to me with any questions you may have. I look forward to seeing you on March 11!

3 Factors That Can Kill a Sale

Why hasn’t your home sold? There are usually three reasons why good homes don’t sell on the market.

Call me at (518) 861-7016 for a FREE home buying or selling consultation

“Why didn’t that home sell?”

I’ve heard this question and others like it many times in my 25 years in the business. I’ve sold thousands of homes in that time, so my experience and education in marketing have given me three reasons why I think a home won’t sell.

You’ve got to be flexible as a seller.

  1. Pricing. As hard as it is for a seller to understand, I can sell a home with mold, radon, bad wells with coliform in the water, and more. When it comes to pricing, it has to reflect those issues. Often agents simply don’t do their homework on pricing correctly.
  2. Marketing. I hate to see homes that are advertised with pictures taken on a cell phone. We always use professional photographers when we market for sellers. But it’s more than just that; you also need to position the home to reach the target market and promote the price. A lot of Realtors don’t understand the market that they’re trying to reach. 86% of people start their home search on the internet, so if an agent doesn’t understand how to use social media or isn’t spending enough on online marketing, it simply won’t sell. 
  3. Sellers. Sellers can often be their own worst enemies. They might mean really well, but sometimes they hire us and don’t take our advice or they don’t let buyers in. I recently took on a home that had been on the market for over a year with another agent—over the first week, we had five showings and my seller had five showing requests denied! Buyers that are denied showings probably won’t come back. Don’t assume that a buyer isn’t serious enough. You’ve got to be flexible as a seller.
If you have any questions about real estate, feel free to email at or call me directly at any time. I look forward to hearing from you soon.

Answering a Couple of Common Real Estate Questions

Today, I want to answer two common questions I hear from buyers and sellers, respectively.

Call me at (518) 861-7016 for a FREE home buying or selling consultation

Today, I want to talk about two questions people ask me all the time.

The first question is one I often hear from buyers, which is: “Is buying a home the right thing for me?” And the second question, which is something sellers tend to ask me, is: “If I can’t sell my house, is renting a good option?” Let’s start with the first question.

Contrary to what you might expect me to say as a Realtor, buying a house isn’t right for everyone. There are many situations where people are simply better off renting. The first factor you should consider if you aren’t sure whether buying is right for you is your time frame. 

If you’re planning to be in a home in the Capital region for less than four years, you’re better off renting. Closing costs in New York state are the highest in the country, which means it’s very difficult to make them back in a short time frame. 

Another indicator that you’re better off renting is if you are risk-averse. If you aren’t sure about your employment stability or don’t have cash reserves saved up, you may want to rethink buying a home. 

Buying a home is a great option for people who have the time and money to make such a commitment.

Things happen. Your boiler could blow up a week after you move into the home. If you aren’t prepared for these possibilities, renting might be the way to go. The same can be said if you are someone who travels a lot.

On the other hand, buying a home is a great option for people who have the time and money to make such a commitment. 

Now, let’s move on to the second question. Should you rent a home if you’re having issues selling it?

In my experience, more people are moving out of the Capital region than are moving in. Wanting to pay down your mortgage and let the house potentially appreciate is not a good enough reason to rent out your property. This is particularly true if you’re moving out of the area. 

I have seen first-hand the devastation tenants can do to a home when their landlord is long-distance. Chaos can befall you when you leave your property in the hands of another person. Renting is just prolonging the pain of the sale. Generally, you are better off just selling your home and moving on.

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.