Friday, August 25, 2017 / by Bernie Christian
10 Questions you should ask a Realtor before you hire them to sell your home:
How long have you been selling homes? This is an experience vs. little or no experience question and is valid for obvious reasons. Of course this should not be the sole reason for hiring an agent since it is not always true.
How many homes did you sell last year? Very important question since it will validate to some degree whether an agent actually has experience. The more homes the better.
Do you use a professional photographer or do you do the photography yourself? Agents have gotten better at photography over the years. But it takes lots of time to take great photos and edit them properly. Most agents don't take that kind of time necessary nor do they want to spend the money to hire a professional photographer. All other marketing rises or falls based on how an agent handles photography.
What is your average price for homes sold? More experienced agents tend to acquire and sell pricier l ...
Thursday, August 24, 2017 / by Bernie Christian
Inventory levels show a trend upward (see graph below) indicating that 76179 may reach a normalized market in the next month or so. However, based on the 3 year cycle, we also expect it to go right back down well into a sellers market in the last quarter of this year. The cycle itself is trending up when compared with the month of July a year ago.
While we've had multiple offers on many of our listings in the first quarter of this year, we have experienced this upward shift in that multiple offers have steadily tapered off over recent months. In other words, competition has softened some, yet it still being a seller's market, things are still competitive.
The main thing to take away from this is the fact that home prices are still going up as a result. However, I expect housing inventory to begin to trend down yet again shortly after September.
If you would like to know how the current housing inventory and these cycles affect the value of your home, cal ...