DFW Real Estate Pulse

Wednesday, January 20, 2016

5 Reasons You Need To Hire a Professional

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3:42 PM (20 hours ago)

Buying or Selling a Home? 5 Reasons You Need To Hire a Professional

1. What do you do with all this paperwork?
Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true Real Estate Professional is an expert in their market and can guide you through the stacks of paperwork necessary to make your dream a reality.

2. Ok, so you found your dream house, now what?
According to the Orlando Regional REALTOR Association, there are over 230 possible actions that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, who knows what these actions are to make sure that you acquire your dream.

3. Are you a good negotiator?
So maybe you’re not convinced that you need an agent to sell your home. However, after looking at the list of parties that you need to be prepared to negotiate with, you’ll realize the value in selecting a Real Estate Professional. From the buyer (who wants the best deal possible), to the home inspection companies, to the appraiser, there are at least 11 different people that you will have to be knowledgeable with and answer to, during the process.

4. What is the home you’re buying/selling really worth?
It is important for your home to be priced correctly from the start to attract the right buyers and shorten the time that it’s on the market. You need someone who is not emotionally connected to your home to give you the truth as to your home’s value. According to the National Association of REALTORS, “the typical FSBO home sold for $210,000 compared to $245,000 among agent-assisted home sales.”

5. Do you know what’s really going on in the market?
There is so much information out there on the news and the internet about home sales, prices, mortgage rates; how do you know what’s going on specifically in your area? Who do you turn to in order to competitively price your home correctly at the beginning of the selling process? How do you know what to offer on your dream home without paying too much or offending the seller with a low-ball offer?

Dave Ramsey, the financial guru advises: “When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.” Hiring an agent who has their finger on the pulse of the market will make your buying/selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.
Posted by Kim Raine at 10:35 AM No comments:
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Labels: Addison, ADDISON REAL ESTATE, Carrollton Real Estate, Colleyville Real Estate, Collin County, Dallas Cowboys, Dallas Mavericks, Dallas Real, dfw airport, Frisco Real Estate, Grapevine, Southlake Tx

Tuesday, January 5, 2016

Make your house look bigger without removing walls...


Instead of just asking me to help with his kitchen remodel, my friend made me an offer I couldn't refuse: Want to come over and knock down a wall?
While that's one way to make your house feel bigger, it's probably not the best option if you're putting your house on the market. Here are a few easier ways to add a sense of space.
Cut the clutter
Everyone knows they should do this, but few people go far enough. Don't put books and magazines in neat piles-get rid of them. Put knickknacks in storage, and pare down your furniture. It's better to have a few large pieces than several small ones.
Take a walk
Every house has natural paths, from the kitchen to the dining room or from the living room to the bathroom, and these walkways must be clear. You may not mind detouring around a large sectional to get from the TV room to the kitchen, but buyers will think your TV room isn't big enough.
Look around
Related to clear walkways are clear views. Keep tall furniture like bookshelves away from doorways, and pull back the shower curtain to expose the entire bathroom. Don't block any part of windows, sliding glass doors, or French doors.
Pick the right paint
If you plan to repaint some rooms, choose colors that feel cool, such as light blue or light green.
Add light
Not only will light colors create a sense of openness, actual light helps, too. Open curtains or blinds to let in sunlight, and consider adding a lamp to dark corners.
When you're done with these changes, ask for objective feedback from your Texas REALTOR®. He or she will know what buyers will focus on when they enter your house and which rooms might need more work.
Posted by Kim Raine at 6:52 AM 1 comment:
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Labels: Addison, Colleyville Real Estate, Collin County, Frisco Real Estate, Galleria, Grapevine, Prestonwood, Soutlake, Stonebriar, Valley Ranch

Monday, January 4, 2016

RE/MAX DFW Associates Sets All-Time Record


RE/MAX DFW Associates set a new record in 2015, closing in excess of $1.67 billion in sales volume, up from $1.5 billion in 2014.  The average home sales price at our firm topped over $306,000 up from $278,000 in 2014.   Thanks to our agents for helping make 2015 a banner year.  Final numbers will be forthcoming.
2015 was the best year ever recorded for real estate in the Dallas-Ft Worth market
Expecting a great 2016!

Posted by Kim Raine at 6:16 AM No comments:
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Labels: Addison, Carrolton Real Estate, Colleyville, Dallas Cowboys, dfw airport, Frisco Real Estate, Galleria, Las Colinas, Prestonwood, southlake real estate, Valley Ranch

Dallas Home Prices Now Almost 20% Higher Than Before Recession


Dallas-area home prices are at an all-time high and are now almost 20 percent higher than their prerecession peak.  Dallas-area prices were up 9.3 percent year-over-year in the latest Standard & Poor’s/Case-Shiller Home Price Index report.  There’s no sign of a Dallas home market cool down in the latest nationwide price report.  In factDallas-area home prices are at an all time high in the Case-Shiller report.  Local prices have jumped almost 40 percent since early 2012.

Case-Shiller’s study tracks over time the prices of specific single-family homes located in each metropolitan area. The index survey does not include condominiums and townhouses. It only covers pre-owned properties — not new construction.
-          Dallas Morning News, December 29, 2015

http://bizbeatblog.dallasnews.com/files/2015/12/casechart.jpg
Posted by Kim Raine at 6:13 AM No comments:
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Labels: Addison, Carrollton Real Estate, Colleyville Real Estate, Collin County Real Estate, Dallas Cowboys, dfw airport, Frisco, Galleria, Grapevine, southlake real estate, Valley Ranch

DFW-Area Homes Gain $55 billion in Value in 2015


With the big price gains, Dallas-Fort Worth area homes have increased about $55 billion in value this year, according to a new report by Zillow.com.  A just-released study by the Internet home marketing firm estimates that DFW homes are worth $411 billion – up from $356 billion a year ago. That’s a gain of more than 15 percent. Nationwide, Zillow estimates that the U.S. housing stock is worth $28.5 trillion, up from $27.5 trillion at the end of 2014.  “This reminds us of the large role housing plays in the overall economy,” said Zillow Chief Economist Svenja Gudell. “Total home value growth slowed this year, but there was still a significant increase in overall value, and many markets are more valuable than they’ve ever been.  “Americans are spending a lot of money on housing, and that will make affordability an important issue next year.”
-          Dallas Morning News, December 30, 2015
Posted by Kim Raine at 6:09 AM No comments:
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Labels: Addison, Colleyville Real Estate, Collin County, dallas, Dallas Cowboys, Dallas Real, Frisco, Frisco Real Estate, Prestonwood, Soutlake, Valley Ranch
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Kim Raine
I find families dream homes. I also specialize in helping people avoid foreclosure. Certified Distressed Property Expert.
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