North Dallas & Plano Real Estate Blog - selling a home

“Time To Sell? Are you kidding me!”

No, I am not kidding! Why do I feel that it is a good time to sell? Median sales prices in Collin County have risen 7% from January of this year. Next, inventory of homes is slowly growing and this will affect home prices in the future. Now is a good time to sell.

Is demand there? Let me put it this way, is there enough inventory to meet the existing demand? The answer is no. However, we are seeing inventory growing which will give more choices to buyers in the market and the more it does the more competition sellers will have to compete with. Now is a good time to sell while inventory is low.

There are times to take advantage of markets and this is one of them. You can wait and see or you can check with a realtor to find out what the best decision…

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"Taking The Guess Work Out Of Home Selling"

Over this past month, my team and I have listed and closed 4 homes and also helped 2 buyers find homes in the area. January and early February was busy. The homes we sold were sold at or slightly above list price and sold in a very short amount of time. Are you seeing some listings that are sitting on the market for a long period of time? Homes that sit for longer periods of time usually have just a few things that keep them from selling. The key is to know what those things are and to quickly address them early in the selling process. Over the years, I have found that if we can eliminate the things that keep a home from selling up front, those we represent are extremely happy with the results. 

Over the years we have developed a system that enhances…

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"Why Buy A Home Now Urgency!?"

I am not saying that you need to run out and buy a home immediately. What I am concerned about for buyers is that inventory moved up through October 23 of 2022 and since then has continually come down from that high. In other words, we were seeing about a 2.1 months of inventory and up to that point it was continually increasing. Since then it has dropped back to about 1.6 months of inventory on resale homes in North Dallas and Collin County. This is still much more than months previous but not moving in the right direction or holding like we would like to see. The urgency? If I was a potential buyer of residential real estate looking to purchase a home, I would factor this information into when is the right time to buy. Why? If you recall, there were…

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The Walmart Appoach To Selling Homes

I wanted to discuss a phenomenon that is happening in the real estate industry. There are now companies wanting to provide what they call "end to end solutions" for selling a home. In other words, they will buy a home for a specific price based on their algorithms and then re-sell the home while providing title as well as mortgage services to the public. They have nifty apps to put on your cell phone to do the home search and of course, to capture you there. Why am I discussing this? Let me explain, there are companies that have been in the Real Estate Brokerage business for a long time such as Keller Williams, Remax and others. But now we have real estate portals like Zillow who have stepped into the fray to purchase and resell homes. So what is the…

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What Price Should I Set To Sell My Home?

Home sellers always want to know what is the “best” price to put their home on the market. However, most do not know what the market is doing in their area and how their home compares to other homes for sale in their neighborhood. Realtors usually look over the past 6 months to see what has sold in the neighborhood and compare that with the home seller’s home. This does give a “ball park” but it takes a little more research to come up with a “competitive price”.

All homes are different by the way they are maintained, their location, upgrades, and a host of other things that needs to be considered in determining a selling price. For me, I went to appraisal school to see how they put together their appraisals. I am not an appraiser but the information…

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Everything You Wanted To Know About Storage Units

Recently I was forwarded this information about storage units and thought it would be good to pass along to my audience. It has a lot of good information when considering to use storage units and the types that are available. If you just need extra space or  you are getting ready to sell your home and need storage this article is a great resource. Click on the link to get the needed information.  https://www.storageunits.org/self-storage/

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"Is It Time- To Buy or Sell A Resale Home?"

As many of you know our team continues to watch the market closely so that we can share our expertise to those who need our assistance in either buying or selling a home. This is part of our "More Than" approach that we bring to the public to assist them with one of their biggest financial decisions they will ever make. We track 5 cities in Collin County each month to see what the market is doing so we can react with the correct information to those who need that information to make decisions. Looking at the "Median" sales price and comparing April 2018 to April 2017, prices escalated but at a reduced amount over last April. McKinney was the only city that remained the same from April of 2017 compared to April 2018. All cities saw increased median days on…

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Comparing March 2018 To March 2017

Every month I put together information for the following cities in Collin County, Allen, Frisco, McKinney, Plano, and Wylie. I use these cities as a benchmark to see how the overall market is progressing as we go through the year and hopefully it helps home sellers and buyers get more information about the market in general. Comparing March of 2018 to March of 2017 there is some very distinctive things that have popped out at me. First and maybe to no surprise is that the Median Home Prices in all cities except Allen increased. Allen was lower this March than last year but not by much. This means that more homes under the median number was sold and that pulled down the median sales price number. Homes are continuing to sell fairly rapidly and the numbers…

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"More Than>"

I have been asked many times what the logo on my letterheads or my yard signs means? First it is the "More Than" Symbol >. Over the years from just being an individual realtor doing everything personally for my clients to now having Buyer Specialists and Listing Specialists and a support staff for both my clients and my agents might well define our motto "More Than"  However, that is not the reason for this motto or symbol. It is about what we do and why we do it. First and foremost we want our clients to have the best representation for their unique situation of either buying or selling a home. Along with that is having great communication with all those involved in the real estate transaction. This means that we put a lot of emphasis on those we work…

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