Author: kwdallasmetronorth

Area Housing Reports for July promising

Denton County Market Reports for July, 2017 indicate a robust housing market compared to this time last year. Median prices are UP, Active listings are UP, Closed Sales are UP, and homes are selling 4 days more quickly than they did in July 2016. 071178005DentonCountyCountyFlower Mound Median prices were UP 6.5% from a year ago, and Days on the Market decreased by 7 days. Flower Mound continues to be a strong sellers market.071178005FlowerMoundLocalMarketAreaIn July 2017, Lantana‘s Median Price dropped by 4.9% and Active Listings rose steeply, up 12.2% from July 2016. Days on Market averaged 23 days, down by 24 days from a year ago! 071178005LantanaLocalMarketAreaSource: July 2017 Monthly Market Reports from TAR, compiled by Greater Lewisville Association of REALTORS®.

Information provided by Keller Williams Dallas Metro North. Call us today – we have over 400 qualified agents ready to assist you with your real estate needs!

 

Rosemary’s Rubies August 11th, 2017

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Fantastic Friday and Welcome to Rosemary’s Rubies! 

It is Tax Free Weekend in Texas for school shoppers so you know what that means … school is about ready to begin again!  Tax holiday 2017 begins today and runs through Sunday, August 13th.  If you need to stock up on new clothes, footwear, school supplies, etc., this weekend is the time to do it.  You will have to deal with larger crowds but it may be worth it if you have big purchases.  The law exempts most clothing, footwear, school supplies and backpacks priced below $100 from sales tax, saving shoppers about $8 on every $100 they spend during the weekend according to the Texas Comptroller.  To find out what is included in Tax Free Weekend, click here:  http://www.wfaa.com/life/shopping/what-is-included-in-tax-free-weekend/460981572

 
Enjoy the Sales Tax Holiday! 
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Welcome Glad You're Here

WELCOME BACK! 

 

Wrainey Ryon 

Sponsored By: Megan Landry 

Dawn Blankenship 

Sponsored By: Claire Garlick 

 


Light Bulb Agent Tips

Agent Tip of the Week!

Gaining the Email Edge with Videos*!

Snappy subject lines are a great way to improve your email open rates.  However, taking your messages one step further for engagement requires attention-getting content.  Videos are one of the best ways to bring your emails to life.  Videos are becoming more popular and we offer our agents the use of our video room.  Researchers have found that using the word “video” in an email subject line boosts open rates by 19% and click-through rates by 65%.  Moreover, when marketers included a video in an email, the click-through rate increased by 200-300%!  Here are some ways to use videos:
 
Respond to Leads – Instead of a generic auto-response message, try embedding a short and friendly (pre-recorded) introductory video into your auto response.  This gives potential clients a very comfortable, low-pressure chance to “meet” you.
 
Nurture your Leads – Once you have established that initial rapport, clients will probably be more responsive to viewing future video clips too.  Ideally, you will want to make these personalized, providing a brief follow-up on their initial inquiry.
 
Nurturing Referrals – A warm, personal video comes close to approximating face-to-face contact, making it a great way to extend birthday and holding greetings (and remain top-of-mind with your sphere of influence).  It’s also an excellent way to follow up with people you’ve met at networking events – much more impactful than only exchanging business cards!
 
Deliver Good News – You just learned that your buyers’ offer was accepted.  Imagine how they would react to your short video clip, enthusiastically delivering the news.  Communicating with excitement and best wishes “in person” is a great way to connect yourself with these positive emotions.  Similarly, video is an excellent way to express gratitude.  The words “thank you” sound much more sincere when accompanied by a smiling, appreciative face.
 
  *Source:  REBAC
 
 
 
 
 
 
ADVERTISING COMPLIANCE REMINDER!
If your real estate and open house signs are not in compliance per my July 28th Rosemary’s Rubies, please stop by my office to purchase REALTORTrademark Circle R Symbol decals for your signs.  Every  REALTORTrademark Circle R Symbol should have their REALTORTrademark Circle R Symbolstatus on all advertising and marketing per Article 12 of the TAR Code of Ethics.  We are running low on decals and will not be ordering more so if you need them, they are only 50 cents each and can be added to your office bill.  It is your responsibility to ensure that all signs, ads and marketing are in compliance with TAR and TREC now and in the future.
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Check Out Anne’s New Video About Upcoming Events! 

 

https://youtu.be/XetuoNErXdc

 


What’s Going on in Your Market Center? 

 

This Monday! 

C O R E  ORIENTATION

(Creating Outstanding RealtorsTrademark Circle R Symbol For Excellence)

8/14/2017 at 3:30 PM

8/16/2017 at 5:00 PM

Creating Outstanding Realtors for Excellence –  is a fast track program to provide agents with the foundation needed to launch their business, and get off to a fast, exciting start in real estate!

This 90 minute orientation class covers how, what, when and where details necessary to get your Real Estate business started with Dallas Metro North.  You will be introduced to “Path to Success“. Path to Success is your first 100 days business guide.

Cinda Knight, Productivity Coach, facilitates this class and program.  If you have questions about the CORE program, Cinda’s email is cinda@kw.com.

If you want to build your profit share tree, this is also an excellent recruiting tool for you so come & check it out!

 

This Tuesday! 

 

Partner Agent Meeting 

 

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FOR EVERY AGENT & STAFF

Please meet us in the upstairs Training Room from 11:15 AM – 1:00 PM on August 15th.

Lunch is provided!

 


 

More Training Events This Week! 

 

Monday, August 14th 2017 ~ 10:00-12:00 ~ One-on-One Mentoring with ALC* ~ Lori Lesnansky, Missy Phipps, Stephanie Carter 

* Stop by Stephanie & Missy’s office door to sign up for a slot! 

Monday, August 14th 2017 ~ 2:00-3:00 ~ Safety Committee Meeting ~ Brooke Hunt 

Tuesday, August 15th 2017 ~ 2:00-3:00 ~ Greensheets-How Do I Get Paid?? ~Jeri McGuire

Thursday, August 17th 2017 ~ 9:00-12:00 ~ Tech and New Agent Orientation* ~ Sarah Bordelon and Rosemary Croney

*Join Sarah and Rosemary for tech tips and an overview of Policies & Procedures.  Not just for new agents.

Thursday, August 17th 2017 ~ 12:00-1:00 ~ Culture Committee Meeting ~ Beth Brake

Thursday, August 17th 2017 ~ 1:30-3:00 ~ Become a Placeter Pro ~ Sarah Bordelon

Friday, August 18th 2017 ~ 1:00-2:00 ~ Keller Mortgage ~ Anna McKissack 

 


 

Save the Dates!

 

August 22nd! 

Premier Slide Personal Branding Lunch and Learn

August 31st! 

Premier Slide Back to School Happy Hour

 

September 6th! 

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SIGN UP IS REQUIRED SO PLEASE SIGN UP AT THE FRONT DESK!

 

 

September 20th & October 3rd!

Lawyers


Check Out This Week’s Treasure Chest! 

 

Treasure Chest (9)

Located at the Front Desk! 

 


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Michele Riojas

Karla Renfrow

Mark Davis

Howard Jeffery

Rob Lord

Perri Lawrence

Jena Masterson 

Home Inspections – Items That Aren’t Deal-Breakers

Contract 01After making an offer on a home, you’ll enter into a contract. Part of that contract should always include getting a home inspection. It is recommended that any homebuyer make an offer to purchase contingent upon a home inspection. This allows you to withdraw your offer if there are any major issues discovered during an inspection.

More than likely, the home inspector will find problems that need to be fixed before closing. Major foundation issues and significant water damage are at the top of the list of signs to walk away from.

On the other hand, there are some home defects found during an inspection that don’t have to be deal-breakers. Many of them can be fixed, and they can be used to negotiate with the seller for a lower price point or additional help with the closing costs.

homeinspection2Lead-Based Paint
Lead-based paint was banned in 1978, but it’s still possible that you could purchase a home that contains it if it was built before the ban. The sellers should disclose this, but the home inspector may find it, as well.

Ultimately, it is up to you to decide how comfortable you are with purchasing a home that has lead-based paint, but it doesn’t have to be a deal-breaker. You can hire a contractor who is certified to remove lead-based paint, and the home will be completely safe.

Concrete Floor Cracks
Cracks in a concrete basement floor may seem like a structural problem, but this is natural and not indicative of significant damage. Small cracks occur in concrete because it’s a porous substance. These cracks can be fixed at a relatively low cost, and shouldn’t be a reason for you to back out of a contract.

What is something that’s cause for concern are cracks in concrete walls, as these may or may not be associated with the structure. If the wall has moved or if the cracks have a large opening, then these would be deal-breakers.

Mold
Mold is something that no one ever wants to see in a home you put an offer on, but a little bit of mold by the shower doesn’t mean you need to back out of your offer – at least not immediately.

If mold is found during the home inspection, have a qualified mold inspector take a look. Not all molds are toxic, but the safest way to determine if this is a deal-breaker is by hiring a mold professional.

pestcontrol1Bug Infestations
Bug infestations can cause significant damage to the home’s structure if they aren’t exterminated quickly and efficiently. A home inspector may find signs of an infestation during an inspection, but how do you tell if it’s truly a deal-breaker?

The best way to know if there is pest damage to the home’s structure or foundation is to ask a qualified pest expert to do an additional inspection of the home. Someone who is a specialist will be able to tell you if the home just has a few bugs, or if you need to rescind your offer.

When problems arise during home inspections, it doesn’t always mean you have to back out of your contract. Home inspectors will often find problems outside of their scope of expertise, so always get a second opinion from a specialist before making a final decision. In many instances, these problems are opportunities to negotiate with the seller. You can request that the seller do the repairs, or ask for money to put towards repairs.

homeinspection3You can also ask the seller to include a home warranty on the home in the contract of sale, but it won’t repair the problems found in a home inspection contract. A home warranty is there to protect you from aging systems and appliances after you buy. Think of getting car insurance on a car that was just wrecked and then opening a claim – it wouldn’t work, because the insurance was put on after the damage happened. The same goes for a home warranty.

Information provided by Keller Williams Dallas Metro North. Call us today – we have over 400 qualified agents ready to assist you with your real estate needs!

Bounce Back in Pending Home Sales a Welcoming Sign

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After declining for three straight months, pending home sales reversed course in June as all major regions, except for the Midwest, saw an increase in contract activity, according to the National Association of Realtors® (NAR).

The Pending Home Sales Index, a measure of housing contract activity, climbed 1.5 percent to 110.2 in June from an upwardly revised 108.6 in May. At 0.5 percent, the June index increased annually for the first time since March.

Lawrence Yun, NAR chief economist, says the bounce back in pending sales in most of the country in June is a welcoming sign. “The first half of 2017 ended with a nearly identical number of contract signings as one year ago, even as the economy added 2.2 million net new jobs,” he said. “Market conditions in many areas continue to be fast paced, with few properties to choose from, which is forcing buyers to act almost immediately on an available home that fits their criteria.” Added Yun, “Low supply is an ongoing issue holding back activity. Housing inventory declined last month and is a staggering 7.1 percent lower than a year ago.”

Couple Cheering 02Yun noted that there could potentially be a sliver of increased hope in the months ahead for prospective first-time buyers, who continue to struggle reaching the market. Sales to investors last month were the lowest of the year (13 percent), which helped push all cash transactions to 18 percent – the smallest share since June 2009 (13 percent).

Source: National Association of Realtors

Information provided by Keller Williams Dallas Metro North. Call us today – we have over 400 qualified agents ready to assist you with your real estate needs!

 

Rosemary’s Rubies August 4th, 2017

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Fantastic Friday and Welcome To Rosemary’s Rubies! 

Happy National Chocolate Chip Cookie Day!  If you didn’t get your cookie fix, please stop by our office in The Bistro between 4:00 and 5:30 p.m. today to partake in free cookies sponsored by Texas Best Inspections.  In addition, we are hosting Wine Down Friday in the Bistro today at 4:00 p.m.  Please join us for a cookie, glass of wine, cheese & crackers as we “wine” down the week together.  We will have an art project for those that want to help us make our office’s $1 Billion Dollar Dream Board.  It will be a fun and inspiring time together as we reunite with the collective agent body and staff.

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IGNITE BEGINS MONDAY, AUGUST 7TH
If you want to sign up for the next IGNITE class, please do so today!  IGNITE starts on Monday, August 7th, so don’t delay and contact Mitch Blankenship today.  Mitch’s contact information is:
 
 
IGNITE is for new licensees and anyone wanting to “IGNITE” their business!
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Welcome Glad You're Here

Ashley Curley

Sponsored By:  Mave Hiegel

Dennis Elmore

Sponsored By: JoAnne Kamman 

Roger Xu 

Sponsored By: Cynthia Li (Allen)

Erin Pickard 

Sponsored By: Wendy McCroskey Galloway

Taryn Pipkins

Sponsored By: Celisa Wilson (Denton) 

 


 

Light Bulb Agent Tips

Agent Tip of the Week! 

Notice from GLAR regarding use of photos:  MLS Rule 7.27 says all media submitted to the MLS belongs to the MLS with permission to syndicate to subscriber websites, and before a Participant or Subscriber uses media from a previous listing submitted to the MLS, that Participant or Subscriber shall obtain the written consent of the former Listing Participant to use such media.  Photos are purged automatically to remove all but first photo 6 months after expiration or cancellation of the listing but kept indefinitely for sold listings due to the need for comps and appraisals.  Even if removed from the MLS, they are still all over the web and can be copied regardless.  Removing from the MLS does not remove media from syndicated websites that display NTREIS listings.
 
Per MLS Rule 7.27, the violation for using others photos, the offending agent can be fined up to $100 per day if not removed once notified of the violation.  To enforce, GLAR has to be able to see the photos on the original listing and the “new” listing in order to prove duplication without authorization.  If the agent has deleted them, they cannot do so.

 

Today’s Deadline for Stuff the Bag 2017! 

The Yellow Bus Departs GLAR parking lot at 9:00 a.m. on Monday, August 7th, and will be stopping by KWDMN shortly thereafter.  Local News/Press will be invited and encouraged to join us at the Drop Off.  

 

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We are partnering with Communities in Schools and GLAR to provide school supplies for underprivileged children in Lewisville ISD. If you would like to donate supplies, please use the list below and turn in your donations to the office by today, August 4th.  Please keep your donations to supplies only. 

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What’s Going on in Your Market Center? 

 

This Monday!

Fishing for Leads

This Monday! 

 

C O R E

(Creating Outstanding RealtorsTrademark Circle R Symbol For Excellence)

8/7/2017 at 3:30 in Training Room B

Creating Outstanding Realtors for Excellence –  is a fast track program to provide agents with the foundation needed to launch their business, and get off to a fast, exciting start in real estate!

This 90 minute orientation class covers how, what, when and where details necessary to get your Real Estate business started with Dallas Metro North.  You will be introduced to “Path to Success“. Path to Success is your first 100 days business guide.

Cinda Knight, Productivity Coach, facilitates this class and program.  If you have questions about the CORE program, Cinda’s email is cinda@kw.com.

If you want to build your profit share tree, this is also an excellent recruiting tool for you so come & check it out!

 

This Thursday!

leAD gEN

 


Lawyers Title Can Help With Your Videos!!!

click here to watch a word from Anne and Cathy

 


More Training Events This Week! 

Monday, August 7th 2017 ~ 10:00-12:00 ~ One-on-One Mentoring with ALC* ~ Lori Lesnansky, Missy Phipps, Stephanie Carter 

* Stop by Stephanie & Missy’s office door to sign up for a slot! 

Tuesday, August 8th 2017 ~ 1:00-2:00 ~ CMA Workshop ~ Anne Lakusta 

Wednesday, August 9th 2017 ~ 12:00-1:15 ~ ALC Meeting ~ Anne Lakusta

Thursday, August 10th 2017 ~ 9:00-10:00 ~ Lead Gen with Social Media! ~ Philip Artt

Thursday, August 10th 2017 ~ 9:00-12:00 ~ Tech and New Agent Orientation* ~ Sarah Bordelon and Rosemary Croney

*Join Sarah and Rosemary for tech tips and an overview of Policies & Procedures.  Not just for new agents.

Thursday, August 10th 2017 ~ 1:30-3:00 ~ The Mobile Agent ~ Sarah Bordelon 

 


 

Save the Date! 

 

August 15th! 

Partner Agent Meeting 

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FOR EVERY AGENT & STAFF

Please meet us in the upstairs Training Room from 11:15 AM – 1:00 PM on August 15th.

Lunch is provided!

 

August 22nd! 

Premier Slide Personal Branding Lunch and Learn

 

August 31st! 

Premier Slide Back to School Happy Hour

 

September 6th! 

DO YOU NEED A NEW PHOTO?

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SIGN UP IS REQUIRED SO PLEASE SIGN UP AT THE FRONT DESK!

 


 

Check Out This Week’s Treasure Chest! 

 

Treasure Chest (9)

Located at the Front Desk! 

 


 

Red Cap Image

 

Congratulations To Our Newest Cappers! 

Mike Tobin

Renuka Bhandari

Jayson Guidry 

Gina Mullen 

 


 

Happy Birthday Image

Vickie Bodine 

Cathy Smith

Kimberly Gilchrist

Suzie Wilson

Jim Trump 

Ricque Nimetz

Kimberly Lee

Traci Henegar

Carrie Alexander

Kevin Rutherford

Melissa Weeber 

Susan Blankenship 

5 Tips to find the right Realtor

Realtor 02Once you’ve decided to sell your home, you need a trusted guide by your side: Realtor, of course! Your realtor will be a trusted partner in this most important of all transaction. Here are 5 ways to find a Realtor who’s right for you.

Gather referrals, but take them with a grain of salt

There are a lot of agents out there. So how do you choose? Go ahead and ask your pals for referrals, but don’t fall into the trap of picking an agent purely because of rave reviews. The old mantra of location, location, location applies to real estate agents as much as homes.

“You want a Realtor who is very familiar with your area—and not just what he can pull up online,” says Wendy Flynn, a Realtor in College Station, TX. The reason is simple: If they’ve spent time in the area, they’ll know how to market your house there.

So a better question to ask your friends than “Know any real estate agents?” is, “Know a real estate agent who’s sold any properties in my area in the past few years?”

Test their communication skills

Once you have your list of potential agents, email them or call their office, then sit back and wait. This is your first test of a key component: how responsive will your agent be? Ideally, she should get back to you that same day.

“If it takes longer than four business hours without a decent explanation, I would be cautious,” says Chandler Crouch, broker for Chandler Crouch Realtors in Fort Worth, TX. Imagine if you’ve got competing offers on the table, or if some problem comes up with the home inspection. You don’t want to wonder where your agent is and whether you’ll hear back from her!

Probe their experience

Your initial conversation with a prospective listing agent should be like any job interview: Don’t be afraid to ask the tough questions right off the bat. A good agent should know his stats, and any dancing around these numbers could mean he’s hiding something. According to Crouch, you should ask the following:

  • How long have you been in business? Aim for Realtors with at least two years of experience, enough time to learn the ropes and finesse their marketing and selling plans. Time (on the job) is money (in your pocket).
  • How many houses did you sell last year? Look for agents with double-digit sales. “I wouldn’t consider an agent unless they had 20 or more sells a year,” Crouch says.
  • What percentage of your listings do you sell? Ideally you want an agent who has sold an average of 60% to 80%.
  • What is the average list price to actual sell price ratio for your listings? This can fluctuate by market, but you should still look for high numbers. “I would set a low bar of 95% to be acceptable for even the worst market conditions,” Crouch says.

Assess their marketing skills

Everyone knows that to sell a house quickly (and get the big bucks) you need to reach as many eyeballs as you can. And the way to suss out an agent’s ability to do that is to ask these questions:

  • How will you market my home? A Realtor should use at least a good brokerage website to showcase your listing, national listing portals such as realtor.com®, and an email subscription list.
  • How will you use social media? They should use at least Facebook and Twitter to market listings; they get bonus points if they post photos on Instagram.
  • What offline materials do you use? While most marketing is done online now, your Realtor should still make use of tried-and-true methods such as fliers, yard signs, and brochures, especially at an open house.
  • How much do you spend on advertising? “Don’t stop asking until you get a solid dollar figure,” Crouch says. Advertising costs vary widely by area, but Realtors should consistently spend a portion of their business expenses on advertising. By asking for a set amount, you’ll know if they’re doing that or not.

Don’t shoot for cheap

Finally, don’t assume the most inexpensive agent is the one for you. While agents work at different price points and some may take a lower commission, they should be confident enough in their abilities to stand by their prices, according to Crouch. So when you’re talking terms, he recommends asking agents if they’ll work on a discount. If they jump at the chance early on in the conversation, that might be a red flag.

“Think about this: If the agent can’t even negotiate to protect their own money, how likely do you think it will be for them to go to bat to protect your money?” Crouch says. “It’ll be a test of confidence in their own services at least.”

by Angela Colley, real estate writer for Realtor.com 

 

Information provided by Keller Williams Dallas Metro North. Call us today – we have over 400 qualified agents ready to assist you with your real estate needs!

How To Hire a Mover

Moving - 2When moving, there’s a million small details to juggle. Hiring a moving company can save you a bundle of stress, but it’s important to note that not all moving companies are the same, and you want to make sure your items are safe and secure in the hands of your movers.

Here are some tips to keep in mind when looking to hire a moving company:

Hire a licensed company – Be sure to only use a licensed moving company and check for a valid U.S. Department of Transportation number on the main DOT website.

Find reassurance in valuation – Even if movers are bonded and insured, verify if belongings are covered during the move. Some states require a valuation of 60 cents per pound of coverage but in many cases additional valuation can be purchased for the move.

shutterstock_28772560Avoid imposters – Visit the official site of the moving company and ensure there is a local address and the office is staffed.

Get a real quote – Inspect the website to ensure they will not sell personal information to other movers to provide the quote and avoid sites that feature multiple quotes from different companies. Never pay for an estimate and consider an on-site estimate to ensure accuracy for larger moves.

Inquire about the movers – Be careful if choosing to move forward with a company that employs temporary or day laborers and does not have Workers’ Compensation coverage should anything happen.

moving - 3Research options – The Internet is filled with reviews and comments on social media pages, so take the time to read about pros and cons of a potential company. Learn from customers’ experiences and look into complaints on the Better Business Bureau website, as well. Understand, not every move can be perfect, but if the company is taking time to respond to customers comments and work toward resolution, it is a good sign.

Don’t fall for a too good to be true price – If the price seems like it is too good, it probably is going to cause headaches and problems down the line. Moving is expensive – even if completed without movers – be sure to look at all of your options as it’s best to go into the process prepared. Also, never move forward with a company that only accepts cash.

Check for hidden fees – When asking about pricing, be sure to understand what is included and if there are cancellation fees or a nonrefundable deposit. Most companies will refund a deposit if within a certain amount of days before the move, and see if there are extra fees for stairs, mileage or large items. Some movers will offer complimentary padding and stretch wrap to protect furniture, but not all companies will.

Movers - 6Reputation is important – Many reputable movers belong to the American Moving and Storage Association. Identify if a prospective company is a member before booking a move.

Ask for references – Get advice from friends and family who have had a good experience with movers. Did they feel like they were communicated with throughout the process and were told a window of time for the movers to arrive? Don’t forget to ask questions to feel confident with booking a company.

Information provided by Keller Williams Dallas Metro North. It’s highly beneficial to have a professional knowledgeable, local real estate agent by your side. Call Keller Williams Dallas Metro North today – we have over 400 qualified agents ready to assist you with your real estate needs!