Real Estate Blog

Home Bidding Wars: How to Get an Edge on the Competition

As we all know, the housing market is always changing. According to a report from CNBC, the market could be shifting sooner than we thought. With less inventory, bidding wars are more likely to occur. 

Synergy Realty Networks wants to help you get an edge on the competition. Here are a few tips to make the very best bid.

Gauge the Market

A great first step in the bidding war is to gauge the local housing market, according to Bankrate. Talk to your realtor and find out if the market is hot or cold at that particular time. That could determine where to come in with your bid. Your agent will also pull comps to see what nearby, similar homes are selling — and at what price.

Get Personal

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Nashville’s Real Estate Market is as Hot as the Summer Temperatures

Summer is here and so are hot temperatures in Middle Tennessee. The temperatures aren’t the only thing that’s hot in Nashville, though. The real estate market is also pretty hot, with home sales up 3.4%, according to Nashville Business Journal.

Data from the Greater Nashville Realtors back these findings. This year in June there were 4,172 closings in the Nashville area compared to 4,036 this time last year. The Greater Nashville Realtors’ President, Andrew Terrell, attributes these numbers to mortgage rates.

“Falling mortgage rates are boosting customer confidence when it comes to buying and selling homes, which is evident in the 2.3% increase in sales year-to-date compared to

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Nashville Predators Goalie Pekka Rinne Lists West Meade Home for $1.7 Million

Pekka Rinne, our prized Nashville Predators goalie, is moving on up (but not out of West Meade). He’s selling his home for $1.7 million and moving into a custom home nearby, according to Realtor.com. 

The gorgeous home is over 5,100 square feet and boasts five bedrooms and four and a half baths. There’s a beautiful, rectangular pool that sits in the backyard among the one-acre lot. The backyard is perfect for entertaining with the pool, hot tub, fire pit and sauna. If it gets cool outside, the future owner can bring their guests into the rec room that’s fit for a party. It has built-in surround sound, a wet bar and even a keg on tap! 

If that wasn’t enough, Rinne’s home

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CapStar Investor Gaylon Lawrence Spends $2.65M on Belle Meade House

Gaylon Lawrence, the billionaire who owns banks and a portion of CapStar Bank, just purchased a Belle Meade mansion. According to The Tennessean, he purchased the home at 307 Jackson Boulevard for $2.65 million. 

The home has a gorgeous white exterior with a turnaround driveway. The two-story, 6,973-square foot home is surrounded by lush greenery and was built in 1996. When you walk into the home, you’re greeted by a split foyer and tons of natural light. There are plenty of high ceilings and gorgeous light fixtures but our favorite wall is comprised of all mirrors. A formal sitting room looks outside on the home’s property and a smaller living area is cozy and features wooden beams

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Its no secret that the Nashville real estate market is on fire. With the good sometimes comes the bad. If you are an agent working with a buyer or if you are a buyer winging it on your own considering new construction, please thoroughly research the builder/developer in question.

We have seen an influx of new builders/developers in the market and some are in over their head. Don’t rely on a high-octane agent’s sales pitch who are sometimes not forthright in their relationship with the builder/developer. A lack of investigation could cost buyers and agents lots of money, time and heartache.

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Four Ways to Get More Privacy on Your Porch

Warm weather is here which means it’s time for cookouts and family dinners outside! Whether you’re having an evening cocktail or a game night on the porch, a little extra privacy isn’t a bad thing. RealEstate.com says, “There’s an entirely different level of comfort when you feel like you’re free from the prying eyes of neighbors and random passersby. A porch that is in full view of the neighborhood is a porch you can really use when you’re dressed and ready to go out. A porch that is private is a comfortable place no matter how ‘presentable’ you feel at the moment.”

If you’ve got neighbors that can see your every move when you’re enjoying your outdoor space, we have some ideas for you.

Build a Privacy

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Five Ways to Bring Summer Vibes into Your Home

The first day of summer may still be a month away (June 21) but the temperatures in Middle Tennessee sure feel like summer. With a change of season approaching, it’s a great time to update your home’s interior decor. Here are five ways to bring summer vibes into your home.

Different Patterns & Textures

Summer is the perfect time to give your home decor a little refresh! An easy, yet effective way to do that is with different patterns and textures. According to House Beautiful, the tactile trend is very popular right now. “This look is all about creating a [cozy] feel, mix your textures and team with tactile throws and cushions.”

Animal prints are a surprising choice for summer but it’s the perfect

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‘Chrisley Knows Best’ Family Moves to Brentwood

The family from the popular USA Network show, Chrisley Knows Best, are officially Brentwood residents. According to The Tennessean, the Chrisleys purchased a house in the upscale Annandale subdivision.

The Chrisleys became popular when their family reality show aired and grew more and more popular. The show includes dad (Todd), mom (Julie), grandmother (Faye), children (Savannah, Chase and Grayson) and granddaughter (Chloe). The local newspaper reports that the Brentwood home was purchased by the family matriarch, Julie, for $3.375 million.

Before purchasing this home earlier this year, the Chrisley family was living in Belle Meade. They wanted a more private estate and found one in the Annandale

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Four Advantages to Buying a Home in the Spring

Spring has officially sprung. The weather is changing and so is the real estate market. Believe it or not, there are several advantages to buying a home in the spring.

Here are four advantages to buying a home in the spring:

Inventory is Up

Now that spring is here, more people are choosing to put their houses on the market. That means a lot more inventory to choose from. Although this is an advantage, you should take steps to keep yourself from getting overwhelmed. Ask your Synergy Realty Network realtor to put you on an email list that keeps you updated on homes in your price range and location. Avoid anything that doesn’t meet your criteria or is out of your financial range.

House Hunting is

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