Wednesday 25 February 2015

The Few Commandments of Real Estate Said Jeff Adams

A real estate agent, there are a few things that you do not want to learn by mistake. Not that I have not made some of these mistakes myself. But if I did have big lungs, I would surely not have violated the first commandment.

Be honest

 

Sincerity is always appropriate. Except when a white lie is prudent. If someone who has her home planned with another agent calls to borrow your garage sale signs and asks, Oh, by the way, can you drop them at my home? it’s OK to lie.

Look like you care.

 

It gets you halfway there. I must have missed the memo about shorts. Once, an owner greeted my client and me at the door with “Which one of you is the Realtor?

Don’t look dumb

 

It’s natural to want to current your best face. But if you would quite be an attorney than a real estate appraiser, do not call yourself an appraiser at real estate, as one of my connections did. Just go be a lawyer. And for heaven sake, do not name your hydroplane speed boat Your 6 %. I think that was the same agent whose outgoing phone communication was, Hi, this is Susie. I am out making a killing in real estate. Go away your name and number and I will get back to ya.

Stop talking

 

When you are talking to a client on the phone, and when you are talking to a client face to face. Because, let’s admit it, they do not want to hear about us. They want us to listen to them. This is only fair they are paying.

Something to do with cars

 

Cars bore me to distraction. Before I became a Realtor, pit had fruit flies in it. But since real estate agents have to put other public in their cars, keep them tidy and look successful, I was forced to clean up my act. My first real estate car was a ford Accord. I learned that no matter how self-effacing an image you project, you cannot click with all. Like the fellow who said, It must be good to be able to afford a new Accord.

Friday 13 February 2015

January Month North Texas City Home Price 12 % in Up

North Texas area home market sale started the New Year with one bigger jump in prices. Median home sales prices rose 12 % last month from a year ago.

That continues the double digit % home price increases that have conquered the local residential market for months. Prices were up 7 % for all of 2014 compared with 2013 levels, according to data from the Real Estate Center at Texas and the North Texas Real Estate Information Systems.

January pre-owned single and family home sales were 3 % higher than one year earlier with 4,852 homes sold by Real Estate Agents through their multiple listing services. The number of homes listed for sale in North Texas fell to 16358 last month the lowest whole in more than a decade.

Some real estate analyst have predict a slower Texas housing market this year as of the decline in oil and gas industry employment and forecasts of slower economic increase for the state. But so far there is no sign that the Dallas-Fort Worth home market is cooling.

January pre owned home sales and prices in North Texas
Single-family homesCondos/townhomes
Resales4,852 3% 311 -7%
Median price $182,000 12% $145,750 -3%
Avg. days on market 60 -8% 58 -5%
Pending sales 5,549 3% 414 3%
Listed for sale 16,358 -14% 1,206 -13%