Hope everyone had a great Memorial Day Weekend! I was a beautiful day. It appears that our foreclosure listings haven't been increasing and they have been selling fairly quick. Everyone wants that great deal. Remember sellers are ready to deal with buyers also, so give it a try, don't limit your options.
As ususal if you have any questions or you want more information regarding a property listed below, please do not hesitate to contact us.
5.25.09 reo.xls
This information is deemed reliable but not guaranteed.
Tuesday, May 26, 2009
Tuesday, May 19, 2009
5.18.2009 Foreclosures
If you are looking for a great deal, here are some foreclosures that may peak your interest. If you see anything that you like or want more information on, please do not hesitate to contact us. You can also go to realtor.com and type in the mls to try to see some pictures of the listings. Have a great and prosperous week!
5.18.2009 reo.xls
5.18.2009 reo.xls
Monday, May 11, 2009
Waco, McLennan County Market Reports
www.mymarketreports.com The latest reports with April numbers are out. If you are curious as to what your area is doing and you live in the McLennan County area, please visit www.mymarketreports.com to view the latest numbers. If you would like a more detailed report to your street, please contact us and we would be happy to provide you one free of charge.
Our mission is to the be the source of the information. As always it is a pleasure working for you and keeping you up-to-date on the market happenings.
The Innovative Realty Group strives to keep ahead of the market trends and the industry, your opinion counts, so please take a moment to take this short survey http://www.surveymonkey.com/s.aspx?sm=iu4cIc9wEikylMwrKWpFwg_3d_3d
Have a happy, safe and wonderful week.
Our mission is to the be the source of the information. As always it is a pleasure working for you and keeping you up-to-date on the market happenings.
The Innovative Realty Group strives to keep ahead of the market trends and the industry, your opinion counts, so please take a moment to take this short survey http://www.surveymonkey.com/s.aspx?sm=iu4cIc9wEikylMwrKWpFwg_3d_3d
Have a happy, safe and wonderful week.
Monday, May 4, 2009
Hope everyone had a wonderful weekend. We accomplished a lot around the house with the beautiful weather. Heres to a wonderful week ahead. Below you will find the latest and greatest of foreclosures this week. As always, if we can help you with anything, please do not hesitate to contact us. Help is free and we never bug you. Our philosophy is that - you want information, we want to provide it, so, when you do need our services you'll remember us.
http://activerain.com/blogsview/1061430/Week-of-May-4th-Foreclosures
http://activerain.com/blogsview/1061430/Week-of-May-4th-Foreclosures
Friday, May 1, 2009
Has your home Expired? Consumers your opinion is needed!
Expired? Yes, reached the end of its contractual obligation to be listed on the MLS and with the listing Realtor. On an average most Realtors will list your home for 6 months or at least the length of time that is equal to or greater than the average days on market (average number of days that it has taken to sell homes similar to yours in your neighborhood).
Couple of questions. Did you interview the Realtor you hired to sell your home? What kind of questions did you ask? Would you ask different questions now that your home has expired? Are you going to let the same Realtor re list your home? What was their marketing plan? How did you arrive at the list price? (see overprice properties blog) What were their average days on market for the homes that they have listed?
Selling a home is not as easy as putting a sign in the yard and hoping and praying that it sells. The same old same old that has been done is nearing its end. Realtors are having to step up to the plate and realize that you can't just put a sign in the yard and wait for a buyer. You need to be an expert in the area, your industry and proficient in technology.
Before you re list your home with the same Realtor that failed to sell it the first time maybe you should consider interviewing other Realtors for the position. Just because a Realtor agrees to list your home doesn't mean that it is in your best interest. Check the facts and rely on the numbers and ask lots of questions. If you are curious as to how your specific area is doing in the market go to http://www.mymarketreports.com/. All this information is free of charge and you can look at without having to give any information.
We are striving to make a paradigm shift, we understand that consumers have a wealth of information at their fingertips and we want to help you get this information. Help us improve our industry by taking this short survey (less than 5 minutes, I promise).
http://www.surveymonkey.com/s.aspx?sm=iu4cIc9wEikylMwrKWpFwg_3d_3d
Couple of questions. Did you interview the Realtor you hired to sell your home? What kind of questions did you ask? Would you ask different questions now that your home has expired? Are you going to let the same Realtor re list your home? What was their marketing plan? How did you arrive at the list price? (see overprice properties blog) What were their average days on market for the homes that they have listed?
Selling a home is not as easy as putting a sign in the yard and hoping and praying that it sells. The same old same old that has been done is nearing its end. Realtors are having to step up to the plate and realize that you can't just put a sign in the yard and wait for a buyer. You need to be an expert in the area, your industry and proficient in technology.
Before you re list your home with the same Realtor that failed to sell it the first time maybe you should consider interviewing other Realtors for the position. Just because a Realtor agrees to list your home doesn't mean that it is in your best interest. Check the facts and rely on the numbers and ask lots of questions. If you are curious as to how your specific area is doing in the market go to http://www.mymarketreports.com/. All this information is free of charge and you can look at without having to give any information.
We are striving to make a paradigm shift, we understand that consumers have a wealth of information at their fingertips and we want to help you get this information. Help us improve our industry by taking this short survey (less than 5 minutes, I promise).
http://www.surveymonkey.com/s.aspx?sm=iu4cIc9wEikylMwrKWpFwg_3d_3d
Thursday, April 30, 2009
Explanation Please....
How many times have you just signed a contract without reading it or going over the entire agreement? I know I have many of times. Although, in Real Estate, whether you represent the seller or the buyer, it is so important to go over these fine details with the clients. No you are not a layer and no you cannot interpret the language of the contract but you can go over with them and if they have questions that you can not answer they can contact their lawyer. So many times I have spoke with clients that said they didn't know what they signed, they just signed. I know that clients aren't going to remember everything they sign, but they should be able to recall that you took a significant amount of time going over the contract, and all the addendum's explaining what each one meant to them, and they will remember the jist of things.
According to Article 9 - Standard of Practice 9-2
When assisting or enabling a client or customer in establishing a contractual relationship (e.g.,
listing and representation agreements, purchase agreements, leases, etc.) electronically,
REALTORS® shall make reasonable efforts to explain the nature and disclose the specific terms of
the contractual relationship being established prior to it being agreed to by a contracting party.
(Adopted 1/07)
Understand it is time consuming but so worth it in the end and it is our duty.
According to Article 9 - Standard of Practice 9-2
When assisting or enabling a client or customer in establishing a contractual relationship (e.g.,
listing and representation agreements, purchase agreements, leases, etc.) electronically,
REALTORS® shall make reasonable efforts to explain the nature and disclose the specific terms of
the contractual relationship being established prior to it being agreed to by a contracting party.
(Adopted 1/07)
Understand it is time consuming but so worth it in the end and it is our duty.
Wednesday, April 29, 2009
1st Qtr. 2009 Market Statistics for Greater Waco
Ok, we have just finished compiling the numbers for the first quarter of 2009. As I have been preaching all along, 2007 was such an inflated market that the market needed to readjust itself and that it did, but on a whole we are still under the national average for the decrease in the average sales price of a home. Just based on the 1st quarter of 2009, we are down approximately 8% from our very best year in 2007, and if you base it from last year we are only down approximately 4%. You could also look at the numbers in a positive way, if you compare 2008 to 2007 we droped by approximately 5% and comparing the first quareter of 2009 to 2008 we only dropped 4% in the average sales price of a home compared to 2007- 2008. There are some great deals out there to be had, but I predict that the market will be making a shift here very soon and buyers beware......it will become a sellers market. Sellers will soon take advantage of the interest rates themselves and make up for the low selling prices. Interst rates are at an all time low and if you are in the market to buy you had better do so soon, you have all the reasons in the world to buy now, 8,000 tax credit until 12/2009, low interest rates, and some good home prices compared to recent years.
If you would like more information that is updated monthly , please visit www.mymarketreports.com.
These numbers are deemed accurate but not reliable. These numbers are based on Residential sales only
If you would like more information that is updated monthly , please visit www.mymarketreports.com.
These numbers are deemed accurate but not reliable. These numbers are based on Residential sales only
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