Winning The Game For A New Home Be Prepared
Buyers and their agents must be organized and committed. It takes effort on both parties. As a REALTOR I can set up automatic messages to alert my clients the moment properties meeting their criteria appear on MLS. If clients are serious about finding that one special “jewel”; especially in the $200-$350,000 price range, they must be ready to view properties day one on the market. Many homes are sold the first day or weekend on the market. It’s great to be the first offer in but that may not be all it takes.
Show Financial Strength -
The 'Pre-approval', a written statement from a lender stating that a borrower qualifies for a certain loan amount is a must to submit with any offer; but, it may not be sufficient in a highly competitive market. Instead, 'Pre-underwriting', available at no cost from our affiliate HomeTeam Mortgage, allows a buyer to pre-complete the loan process, subject only to the property, and lets the buyer submit an offer that is effectively the equivalent of a cash purchase. Submitting an offer with a loan already underwritten can often provide a buyer the final 'edge' in negotiations.
Be ready to Put Your Best Foot Forward -
Buyers in highly competitive seller's markets should be prepared to offer their “highest and best” offer up front. We are seeing more and more seller’s opting to take the best offer they receive the first day or first weekend without issuing a call for highest and best by a certain date. A client has to be prepared to offer “highest and best” in order to have a chance at being the chosen buyer. This spring and summer, we’ve seen some homes in the $300,000 range selling for as much as $30-$35,000 over list. The question is no longer, what are the comps for this house, but rather, what is this house worth to you Ms./Mr./Mrs. Buyer. After shopping the market with me, my clients have enough expertise and guidance to clearly know what the offer should be. Come be my client and let's win this game together.
Summer Water schedules are here. Beginning April 1, Plano residents and businesses are asked to only water a maximum of twice per week. If you are new to Texas please note, cities are VERY serious about water schedules. They will shut your water off and fine you, if you do not adhere to their set schedules. Recommendations from the City of Plano include:
If you are buying a new home construction home, you can request a variance to water new landscapes for
up to 30 days. Instructions are available at plano.gov/variances. Variances are not required for filling pools.
Please check your local city schedules. Here are a few links.
2014,2015, 2016,2017 Award Winner of Five Star Real Estate Agent, Texas Monthly
I can't tell you how grateful I am to my clients for taking time to answer survey questions about their real estate agent. As an agent I work long hard hours and sometimes without anything to show for my efforts, having my clients give me this recognition makes those hours all worth while. I want to personally thank all my clients for putting their trust in me and giving me the opportunity to help them with their real estate needs. A heartfelt thank you -- no one has better clients than I do!
Five Star Agents are awareded to the Top 7% of DFW Realtors and evaluated on:
• Customer Service • Communication • Finding the right home • Integrity • Negotiation •
• Post-sale service• Marketing the home • Market knowledge • Closing preparation • Overall satisfaction
Need Skilled Vendor Help?
Seems tougher and tougher for to get skilled vendors to do work in our homes. How did that happen? Industry experts estimate the trade industry lost more than a million skilled workers during the Great Recession. And, recent stats show that 10,000 electricians retire each year while only 7,000 new electricians join the workforce.
One education expert says that eliminating shop class in high schools played a big role in limiting students’ exposure to skilled trade jobs. For many, this was their first exposure to the kind of hands-on experience that could introduce an interest in a trade. The long-term problem is who’s going to be the next generation of trade workers?
If you’re considering moving, want a competitive analysis market study and want qualified trades to help you update your home, give me a call at 972.697.3106.
Texas Leading Destination for US Residents
The Texas Association of REALTORS® just announced that Texas is again a leader in attracting new residents from out of state. U.S. Census Bureau data shows that Texas ranked second among states for arrival of U.S. residents in 2015. That’s 553,032 people moving to the state and a 4% growth over 2014.
What draws people to Texas? Job opportunities and a high quality of life. This is the third consecutive year that Texas has gained more than 500,000 new US residents from out of state.
The greatest number of new Texans are coming from California, Florida, Louisiana, New York, and Oklahoma, in descending order. (Also noteworthy is that Texas also ranked third in terms of U.S. resident outflows led by residents moving to California, Florida, Oklahoma, Colorado, and Louisiana.)
R E S U L T D RI V E N R E A L E S T A T E S E R V I C E S