Seller

Information pertaining to sellers

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!

Summer in North Texas – Fun Fun Fun!

Summer Heat? … Pshaw!! North Texas has it all when it comes to fun summertime outdoor activities. So many things to see and do under our beautiful Texas blue skies. So grab a Texas sweet tea and explore all North Texas has to offer!

Bartonville Farmers Market
Bartonville Town Center, 2652 FM-407 Bartonville TX 76226
Every Wednesday and Saturday from 8 a.m. to sell-out

Lakeside Music Series
The Shops at Lakeside DFW, 2314 Lakeside Parkway
Every Friday from 7:30 to 9 p.m. through the second week of November.

Dallas by Chocolate Foodie Tours
chocolate tourA fun way to learn more about our area, these luxury bus and walking tours take groups and individuals on Corporate Team Building, Taco & Margarita, BBQ, Bishop Arts, Best of Everything, Hidden Dallas, Italian, Bacon, Wine, Scavenger Hunt, Best of Everything and Chocolate Tours. Named “One Of The Ten Best Things To Do In Dallas” by USA Today.

Walking Friends and Fun Meet-up group
Nature hikes, urban hikes, park walking, leisure bike riding and the company and friendship of nice people – the motto of this group is “Get off the Couch!” The group is not about extreme exercise but they do enjoy getting out and being active.  Everyone is welcome!

Evenings on Oak Street Concert Series
Austin Street Plaza, 221 N. Oak Street, Roanoke. 7 – 8 p.m.
Next concert scheduled for August 10 – continues through September 21. Check website for exact datesfireworks.jpg

Friday Fireworks in Grapevine
A 12-minute show every Friday night over Lake Grapevine at 9:30 p.m.
Fridays, May 26 – September 4, 2017

Yoga in the Plaza
Wayne Ferguson Plaza, 150 W. Church Street, Lewisville
Every Wednesday until September 20, 6 p.m. Bring your yoga mat or towel/blanket, water, and your family & friends!

Lewisville Lake Environmental Learning Area (LLELA) Nature Preserve
offers a variety of outdoor experiences for all ages. Kayaking, hiking, stargazing, bird walk, nature hike, tours of Minor-Porter Log House. LLELA is 2,000 acres of prairies, forests, and wetlands managed as a wildlife preserve by the U.S. Army Corps of Engineers, University of North Texas, City of Lewisville, and Lewisville ISD.

Denton County Farmers’ Market
Corner of Mulberry Street and Carroll Boulevard, Denton TX
Every Tuesday, Thursday and Saturday from 7 a.m. to sell-out, through September

Highland Village Concerts in the Park
Doubletree Ranch Park, 7:00 p.m.
Through September 23Events - Balloon Festival

Highland Village Lions Club 30th Annual Balloon Festival
Friday, August 18-Sunday, August 20, 2017
HV Unity Park, located near intersection of Briarhill Blvd and FM-407

Glow in the Dark Nerf Wars!
The Battlefield, 1512 I-35W, Denton 76207
Saturday, July 22, 2017 6:00 – 8:00 p.m.

Fort Worth Rockin’ the River – Tubing on the Trinity & Live Music Series
Panther Island Pavilion
Every Saturday until August 5th

Information provided by Keller Williams Dallas Metro North. Over 400 qualified real estate agents to assist you with all areas of real estate. Contact us today!

KW | Dallas Metro North outperforming NTREIS!

Keller Williams Dallas Metro North is outperforming NTREIS!! Look at our figures: We’re selling $25,552 higher per home, taking 3.2% more listings and selling them 20 days faster in June 2017. Call us today for help with your real estate needs!

LORE JULY

It’s highly beneficial to use a professional, knowledgeable, local real estate agent! Call Keller Williams Dallas Metro North today!!

Existing Home Sales Up 1.1%

business - growth 8Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on the market to a new low, according to the National Association of Realtors®. All major regions except for the Midwest saw an increase in sales last month.

Existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, climbed 1.1 percent to a seasonally adjusted annual rate of 5.62 million in May from a downwardly revised 5.56 million in April. Last month’s sales pace is 2.7 percent above a year ago and is the third highest over the past year.

House _Transparent.pngLawrence Yun, NAR chief economist, says sales activity expanded in May as more buyers overcame the increasingly challenging market conditions prevalent in many areas. “The job market in most of the country is healthy and the recent downward trend in mortgage rates continues to keep buyer interest at a robust level,” he said. “Those able to close on a home last month are probably feeling both happy and relieved. Listings in the affordable price range are scarce, homes are coming off the market at an extremely fast pace and the prevalence of multiple offers in some markets are pushing prices higher.”

Inventory is currently at a 3.8-month supply. Existing homes averaged 29 days on market in April, five fewer days than in March and 10 fewer days than one year prior. Non-distressed homes took 28 days to sell. All told, 52 percent of homes sold in April were on the market for less than one month.

Source: National Association of REALTORS®

It’s highly beneficial to have a professional, knowledgeable, local real estate agent by your side! Call Keller Williams Dallas Metro North today to help you with your real estate needs!

Keller Williams Dallas Metro North remains a strong presence in the Metroplex!

Newest data indicates that Keller Williams Dallas Metro North remains a strong presence in the Dallas/Fort Worth real estate market!

Slide1In May 2017, Area 41, Keller Williams Dallas Metro North (KW-DMN) closed more than twice as many units as the next closest brokerage firm.

Area 41 = the communities of Argyle, Bartonville, Copper Canyon, Corinth, Double Oak, Flower Mound, Hickory Creek, Highland Village, Lake Dallas, Lewisville, Shady Shores and parts of Hebron and Northlake.

 

Slide2Similarly, YTD 2017 data for Area 41 clearly demonstrates that Keller Williams Dallas Metro North (KW-DMN) closed more than double the units of their nearest competitor!

Area 41 = the communities of Argyle, Bartonville, Copper Canyon, Corinth, Double Oak, Flower Mound, Hickory Creek, Highland Village, Lake Dallas, Lewisville, Shady Shores and parts of Hebron and Northlake.

 

Slide3In May 2017, Keller Williams Dallas Metro North (KW-DMN) ranked 5th in closed units for the D/FW four-county area (Collin, Denton, Dallas and Tarrant Counties). Also notable – Keller Williams brokerage firms are a strong presence in the area, holding the top eight positions for closed units in the Metroplex!

 

slide4YTD 2017 figures indicate another strong showing by Keller Williams Dallas Metro North (KW-DMN), ranking 5th in the D/FW four-county area (Collin, Denton, Dallas and Tarrant Counties) for closed units. 8 of the top 10 Metroplex brokerage firms for Closed Unit Data belong to Keller Williams brokerage offices!

 

Slide5Keller Williams Dallas Metro North (DMN) improved to 5 fewer days on market for YTD 2017 when compared to 2016.

Furthermore, our listings are selling 16 days faster than the area MLS listings, an improvement over 2016 figures by 3 days!

Area 41 = the communities of Argyle, Bartonville, Copper Canyon, Corinth, Double Oak, Flower Mound, Hickory Creek, Highland Village, Lake Dallas, Lewisville, Shady Shores and parts of Hebron and Northlake.
It’s highly beneficial to have a professional, knowledgeable, local real estate agent by your side! Contact Keller Williams Dallas Metro North today for your real estate needs!

6 Surefire Signs It’s Time to Sell Your Home

shutterstock_563839786Most people don’t plan on living in their first (or second or maybe even third) home forever, but knowing when the time is right to put that baby on the market can be tricky.

In fact, it can feel kind of like breaking up with a longtime boyfriend or girlfriend. Deep down, you knew you wouldn’t be with that person forever—but ending things can be way easier said than done.

Sometimes life changes force the issue: There’s little reason for self-doubt or trauma-level angst if you’re relocating to another state or you know your newborn twins won’t fit in your one-bedroom bungalow. But without a pressing reason staring you in the face, it can be hard to know when you’ve outgrown your home.

So how do you know when it’s the right time to let go?

1. You’re feeling cramped, and you can’t add on

Your family might not be growing, but that doesn’t mean your lifestyle still fits in your current house.

If you’ve started working from home, for example, or you’ve adopted an extended family of indoor cats—or maybe you’ve just never gotten over your dream of having a sewing room—your house might be too small.

But before you jump to conclusions, see if paring down your possessions works to free up some space.

Another option might be to finish an attic or basement, add another room, or even add a whole story to your home. But, of course, that won’t work for everyone.

“If your property isn’t large enough or your municipality doesn’t allow it, moving to a bigger home may be your best option,” says Will Featherstone, founder of Featherstone & Co. of Keller Williams Excellence in Baltimore.

To decide which route to take, check your local building laws and get estimates from two or three contractors. It also wouldn’t hurt to check with your Realtor®. Sometimes adding on won’t increase the value of a home, and you don’t want to make big-time improvements that will bring only a small-time return on your investment.

2. You have too much space

mature coupleOn the other hand, perhaps you’re feeling overwhelmed by vacant rooms and silence. (Hello, empty nesters!)

“In this case, it no longer makes sense to have, say, four bedrooms and a basement,” Featherstone says.

Saying goodbye to a family home can be difficult, but you should consider how feasible it is to stay. If yardwork and house upkeep are getting to be a little too much, or soaring utility bills are cramping your style, it might make more sense to move.

3. You’re over the neighborhood

Maybe you can no longer deal with the rigid rules of your Homeowners Association, or perhaps your neighbors turned their house into a rental for frat guys. Whatever the reason, neighborhood dynamics can change dramatically over time.

And sometimes, you can change. Maybe the 40-minute commute to work didn’t seem like such a big deal the first few years, but now you’re dreading it every day. Or your kids are getting older, which can be a big problem if you’re not in the right location.

“If you can’t afford a private school system, you are limited to one school for your children,” Featherstone says. “Moving may be a benefit to your child’s education.”

4. Remodeling won’t offer a return on your investment

Giving your kitchen or bathroom a face-lift can make your house feel like new again, shutterstock_378127240 (1)which might be all you need to decide you want to stay put for years. But that doesn’t mean it’s a financially sound decision.

“Before making significant improvements, you should really study the neighborhood and know the highest price point of your neighborhood,” Featherstone says.

If your home is already similar in style and condition of some of the priciest homes in the neighborhood, remodeling might be a bad idea, and you should consider selling instead.

5. You can afford to sell

Sure, you’re going to make money when you actually sell your house, but as the adage goes, it takes money to make money. So seller beware: You probably won’t be sitting around and waiting for the dollars to roll in.

“Before you consider selling, you should have the funds available to prepare your home for sale,” Featherstone says.

Most sellers need to make some minor improvements such as painting, landscaping, or updating flooring to get a good price on their home. Those costs will come out of your pocket at first, so it’s a good idea to have a cushion before you start.

6. You’re ready to compete

If you’re living in a seller’s market, you might be enticed to offload your home before things cool off. But don’t forget—once you sell, you’ll probably be a buyer, too.

“If your market is hot, your home may sell quickly and for top dollar, but keep in mind the home you buy also will be more expensive,” Featherstone says.

If you’re going to get out there, you should make sure you’re ready to compete.

By Angela Colley; reprinted from realtor.com

It’s highly beneficial to have a professional, knowledgeable, local Real Estate Agent by your side! Call Keller Williams Dallas Metro North today for all your real estate needs!

Proper home staging begins with getting it sparkling clean

cleaning - 4

If you watch TV, you know that preparing homes for sale is a hot topic. Shows about decluttering, cleaning and home staging with furniture and accessories are extremely popular.

The folks on those shows always say that the home should be “super clean” before showing — but they don’t offer details on how to achieve this!

1. Rent a storage unit before home stagingCleaning - 7

If you don’t use something every day, pack it up and take it to the storage unit before you clean and stage your home. The less you have in your home, the less you have to clean around.

2. Dust everything when house cleaning for staging

When cleaning house while preparing to stage your home, your baseboards should be near perfect; same for ceiling fans and light switches. A clean front door, washing machine, even a bed frame can all be little things that go a long way when it comes to presenting a tidy home. If you do it right, it will look like someone turned up the brightness of your lights.

3. The home staging smell testcleaning - 5

Invite someone who doesn’t live in your home to walk in the door and take a big sniff. Whether it’s pets, your favorite cooking spices or air fresheners, all sorts of odors can make your house off-putting to buyers. Find the source and eliminate it.

4. Take a serious look at your walls before staging a house

Vacuuming walls with the correct attachment can really spruce up a house. If doors are dirty, clean them … or even paint old interior doors and change doorknobs if necessary.

5. Cleaning can make the bathroom a showplace

Your toilet should shine after you’ve cleaned the bathroom for a home showing. Pop open the caps behind the seat that cover the bolts and clean thoroughly. Clean all dust from around that area. Scrub around the base of the toilet, carefully wiping any residue. The tub and faucet should look as clean as those in the bathroom of a top-rated hotel. No residue should be felt anywhere.

6. Staging requires a sparkling kitchen

Look at each cabinet knob. Scrub all cabinets, starting at the knob; focus on getting all the little smudges off. Clean all your appliances thoroughly.

This seems over the top, but “stage” your refrigerator and pantry. Make sure all surfaces are cleaned and wiped. Organize the food items neatly; all spices need to be in carefully placed rows. If your kitchen is clean and orderly, it’s easier for the new owners to picture themselves cooking there.

7. Examine the floors before your home staging

cleaning - 6This is where calling in a professional can go a long way. If a pro isn’t in the budget, mop thoroughly, preferably with steam, paying special attention to corners. If the carpet is dirty, at the very least vacuum thoroughly and then rent a cleaning machine at the grocery store and maximize your carpet’s potential. This means taking your time and vacuuming again when done.

Just like getting in shape, there are no real shortcuts to the hard work of cleaning and preparing to sell your home. Knowing how to approach the massive task will give you confidence and help you to move on.

[reprinted from Angies List]

Ask your realtor for recommendations on cleaning services who will help you prepare your home for sale. Call Keller Williams Dallas Metro North today for your real estate needs!