The Average Agents Chances of Success.
Many assume that real estate is an easy gig which pays big bucks. It can pay big bucks, if you work very hard for a long time and have a good business model, but the reality is for most agents it ends…
Year: 2017
What Is an Agent Required to Disclose?
Can an agent cherry pick what information he wants to disclose to his client? A case in point: I write up an offer for John and Sally. During our negotiations with the seller, another buyer slips in the back door with a…
Prices Up – Inventory Down!
July 2017 Market Report Migration Trend is Interesting Supply, and its continued reduction, remains the notable story amidst the Valley’s real estate market. The supply of homes for sale remains significantly lower than last year, and the gap widened slightly compared with…
Upbeat!
Cromford Market Index is a value that provides a short term forecast for the balance of the market. It is derived from the trends in pending, active and sold listings compared with historical data over the previous four years. Values below 100…
Who Determines a Home’s Value?
(Hint – It’s Not the Appraiser) We often share with our clients that appraisers do not determine a home’s value. Neither do sellers or Realtors for that matter. Sellers, appraisers and Realtors (and yes, your next-door neighbor) can give an opinion of…
When High Pressure is Right Pressure
Question. Does there come a time when applying a high-pressure sales approach to buying a home is the right approach? Consider: Some home buyers buy quickly. First-time buyers would seem to fall into this category more often than not. Some buyers on…
The Unusually Hot Market Slow-Down
Just as temperatures are heating up every summer, we usually see a cool down in the market. Less buyers cruise the streets in search of a home and less sellers have a mind to list. Often during this time, prices will remain…
Buyer and Seller Motives Can Trump All!
One of the most common questions posed to us from buyers is, “Why is the seller selling?” The buyer is asking the question usually for one purpose, and that is to see if it might help him in his negotiation strategy. Obviously,…
The Great Climb Back from the Great Recession
Six Year City Appreciation Rates 2011 was the bottom of our real estate market value-wise. As we near the mid-point of 2017, we’re taking a look at appreciation rates from the same 25th week of 2011, (6 years ago) and offer a…
What does Starbucks, Trader Joes, and Whole Foods Have in Common?
Let’s face it, not many of us would mind living within a mile of Starbucks, Trader Joes, or Whole Foods, right? And in fact, many of us do. Would you believe that a recent article by Zillow stated that if you do,…