Good Morning Icon Reminders – BHGRE Gary Greene | June 9th, 2014

Try To Be A Rainbow In Someone’s Cloud.  ~Maya Angelou

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Congrats on your awesomeness!  Business is brisk, listing inventory and selection is the best it’s been for our buyers in twenty two months, opportunities for listing and selling success will flow steady and hard working Pros like us will prosper.  Thanks for taking action and doing good.  

I’ll be at the monthly manager’s meeting most of the day.  If you I can be helpful text or  call me, if I miss it, I’ll get back to you as quick as I can.  I hope to see you at our Team Meeting tomorrow morning at 9:30:-)  

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Please join the team for our 9:30am breakfast and team updates.  We’ll need a headcount so please CLICK HERE to register on BackAgent.  Click HERE for Google Map driving directions.
Team Meeting Tuesday June

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Book the date Thursday, June 12th for our Happy Hour Rock-Paper-Scissors Tournament.
More details to follow.  Click HERE to register on BackAgent.
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Book the date Thursday, June 12th for our Happy Hour Rock-Paper-Scissors Tournament.
More details to follow.  Click HERE to register on BackAgent.

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Please don’t walk and text:-)

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Listing Appointment Workshop – Wednesday, June 11th @ 1:15pm – Magnolia Marketing Center

Listing Appointment Workshop

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Thanks for all the good you do.  Ken:-)

The Woodlands TX, June 2014 Home Sales Report

Sales Down. Inventory UP.  Selection UP. Home Values UP.

raising eyebrows gif

Sales Catch A Breath.

300 reported sales for May 2014.  360 reported sales for May 2013.  While down from last years May frenzy, overall sales activity remains solid and positive.

Prime properties marketed properly still attract multiple offer competition resulting in list or over list sales prices.  In May one in three properties SOLD in seven days or less, one in ten SOLD in one day or less.  Unprepared or poorly marketed properties are taking longer to sell.

 Rising values may have some impact on fewer sales.  The least expensive home for sale in The Woodlands today is $149,000 and the most expensive is $16,800,000.

June 2014 Under Contract Month to Month The Woodlands

 

Prices Are Up.

 Corporate relocation, traditional action, construction and other unstoppable economic factors will continue to press activity, opportunity and prices skyward.  The only bad news is delaying a move upward in price will be expensive.

 

The Woodlands Listing Inventory June 2014

 

The Best Selection in 21 Months

Inventory is improving.  More selection is a positive.

June 2014 Listing Inventory Month to Month The Woodlands

Thoughts For Sellers

It’s a opportune market for today’s sellers.  In fact anyone can sell almost any property these days.  But getting a your property SOLD and getting it sold for the Highest Possible Price and the Most Favorable terms is the goal.  This is the market to leverage your opportunity.  There is a difference.  Take look.

Sold Price To List Price Percentage All Price Ranges.

June 2014 Sold Price To List Price Percentage | The Woodlands

 

Sold Price To List Price Percentage – Above $500,000.

Above 500K Sold Price To List Price Percentate | The Woodlands June 2014

 

Sold Price To List Price Percentage – Above $1,000,000.

Sold Price To List Price Percentage Over 1M | The Woodlands June 2014

 

If we can be helpful let us know – Ken Brand – 832-797-1779

Thoughts For Buyers.

Here are 3 tips for finding the best property for you and yours.

TIP #1: FIRST-TO-KNOW LIGHTNING ALERTS

When selection is thin and swift selling, being the First-To-Know about hot new inventory is an advantage for you.

Here’s how First-To-Know Lightning Alerts work. Tell us everything you’re looking for in your new home (style, design, location, amenities, schools, etc.). We condense your needs into a concise Buyer-Needs profile (protecting your identity and private information) and program our software to match your buyer-needs to fire off an instant alert heartbeats after it appears on the Multiple Listing Service (MLS).

Your instant alerts include photos and detailed property information sent directly to your email inbox. The service is free. To get your personalized First-To-Know Lightning Alerts delivered directly to your email box contact your favorite Gary Greene Pro at 281-367-3531.

TIP #2: POCKET LISTINGS AND PRIVATE SALES

We’re seeing off-the-MLS-radar properties selling via Pocket Listing whisper campaigns and real estate agent grapevine networks. Knowing about private off-MLS listing inventory is an advantage for you.

Here’s how Pocket Listings work. Prior to mass marketing via the MLS, Pocket Listings are privately promoted by the listing agent to a network of select agents via email broadcast, text message, phone calls and personal conversations. When a match is made private viewing appointments are conveniently coordinated , offers are negotiated, contracts are signed, escrow opened and everyone proceeds smiling to closing. Welcome to the neighborhood.:-)

Also, we exchange Pocket Listing, Private Sale and Coming Soon properties via our Better Homes And Gardens Real Estate Gary Greene company wide online bulletin board, which connects over nine-hundred pro real estate agents throughout the Greater Houston Area.

Using First-To-Know-Lightning Alerts and plugging yourself into the Coming Soon and Pocket Listings property information network will help you find out about hot new listings inventory before your less informed and unconnected home buying competitors.

If you’d like more information about how to tap into the Pocket Listing agent network contact your favorite Gary Greene agent directly or call them at the office: 281-367-3531.

TIP #3: BUYER-NEEDS NETWORK STRATEGY

This strategy is sort of like the Pocket Listing Strategy for sellers, except it works for Buyers. Do you see a pattern developing? One of the keys to your success is tapping into a pool of available inventory that is unknown to the disconnected.

Here’s how the Buyer-Needs Network Strategy works. Tell us everything you’re looking for in your new home (style, design, location, amenities, schools, etc.). We condense your needs into a concise Buyer-Needs profile (protecting your identity and private information) and broadcast your Buyer-Needs request to top performing listing agents who may have Pocket Listing inventory, private sale opportunities and ”Coming Soon” listings that match what you’re looking for. Buyer-Needs are broadcast via eMail, text message, phone calls, personal conversations. Also, we exchange Buyer-Needs via our Better Homes And

Gardens Real Estate Gary Greene company wide online bulle- tin board, which connects over eight hundred pro real estate agents throughout the Greater Houston Area.

Using the Lightning Alert and Buyer-Needs Network Strategies will help you find out about hot new listings inventory before your less informed and unconnected home buying competitors.

To discuss how to get started and tap into insider information, contact your trusted Gary Greene agent directly or call them at the office: 281-367-3531.

Here are 5 Tips On How To Write a Winning Offer.

Congratulations. Now that you’ve found the best property for you and yours, you’ve won half the battle. The next challenge to be conquered is submitting a winning offer. We’ve helped thousands of buyers win in multiple offers and other competitive situations. As a result, we know what works and what flops. Here’s a list of proven tips to help you and yours write a winning offer.

TIP #1: UNDERSTAND THE MARKET. SEE WHAT THE SELLER IS SEEING:

TIP #2: MOVE FAST.

When you find your dream home don’t hem-haw. Be a bullet. Squeeze the trigger and submit your offer swiftly before competing buyers snatches it from your grasp.

TIP #3: DON’T GO FOR THE STEAL! SEAL YOUR DEAL.

Full price and over list price offers are common in this seller’s market. Don’t be embarrassed to offer full price or more when necessary. Keep in mind; your mortgage company will complete a property value appraisal. If the property doesn’t appraise for the contract price you can always bail or renegotiate.

TIP #4: STAND OUT.

Sweeten the terms of your offer without paying more.  Here’s how:

  1. Offer a larger down payment.
  2. Make a bigger earnest money deposit.
  3. Amp up the Option Fee.
  4. Shorten trigger point deadlines and exit clauses for things like the Option Period and days for financing approval.
  5. Provide the seller with written mortgage pre-approval from your lender.
  6. Include a flexible and seller friendly closing date.
  7. Consider a possible seller lease back.
  8. Share a personal letter to the seller sharing a little bit about yourself and your situation sometimes helps the seller choose one bidding buyers offer over the other.

TIP #5: REPAIR REALITIES.

After your contract is executed you’ll have an opportunity to have the property inspected. Because you’re not buying a brand new home it’s common to turn up a long or short list of items that aren’t perfect. Understand that in a seller’s market a seller is less inclined to pay for the repair of cosmetic items. Have your agent get a bid on the inspection items you’d like to have completed. If the seller won’t pay for them don’t get angry or take your eyes off your prize, your real estate agent will have the names and numbers of reputable repair and home improve- ment people who can get the job done for you fast and afford- ably. Don’t lose out because the seller won’t make the property perfect or spend a few hundred dollars in cosmetic type repairs. If you like it, own it.

The bottom line for buyers: Use these tips and you’ll success- fully navigate seller’s market realities with a smile and success. Good luck, speed and grace. If we can be helpful contact one of our Pro agents directly or call 281-367-3531.

Note: Market data provided by Houston Association Of Realtors, Multiple Listings Service.

Good Monday Morning Icon Reminders | May 5th, 2014 | BHGREGG

More Power

Let’s lock down Number One – It’s Paperwork Round Up Time

If you have a sale or listing file you can add to our totals, please upload to BackAgent so we can count it – yea.

April Production Update

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TREC Contract Changes Effective June 1st.  Read All About It.

The Texas Real Estate Commission recently approved several changes to its existing forms and created a few new forms that will take effect June 1, 2014. The new and revised forms will be available no later than June 1 in zipForm® and on TexasRealEstate.com. 

Here is a rundown of all changes TREC approved during its April 28 meeting - Click HERE.  Click TREC Contract Redline to download the contract with changes.

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May Homes Sales Market Reports – The Woodlands, Magnolia and Spring.

Everything you need to know is HERE.

Click HERE to download all the May Market Reports.

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Rock Paper Scissors Tournament Players

Stay tuned for Tournament details.
Meanwhile, review This Worksheet showing who our Tournament Players are and how many lives they’ve earned.
 
If you discover an inaccuracy please let Linda Sawyers know before 4:33pm, Thursday, April 8th.

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Residential Appraisal Process – FAQs for Agents

faq-appraisal-brochure-1

Looking for answers or clarification regarding the residential appraisal process? Click HERE for a treasure chest of information and an Appraisal Guide for your clients.

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Where’s Ken?

I’ll be out of the office Wednesday to Sunday.  Robyn and I will be in Boston watching Heather graduate.  I’ll have all my iGear with me, so don’t hesitate to give me call, text or eMail if I can be helpful.  Thanks so much for all you do.  Ken:-)

 

 

Real Estate Home-Sales-and-Inventory-Report for The Woodlands TX | May 2014

Selection of Homes in The Woodlands Hits Nineteen Month High

May 2014 Listing Inventory Month to Month The Woodlands

As we enter the Spring|Summer selling season the selection of homes to choose from is the best it’s been in nineteen months. While selection is great, sales are brisk and it remains a strong seller’s market below $1,000,000.

May 2014 | Months Supply Of Inventory By Price Range - Real Estate Market Report- March 2014

Other Listing Inventory Tidbits

Average List Price = $829,997

Median List Price = $522,500

Average Days On Market = 59 Days

Average Price Per Square Foot = $214.63

Listing Inventory May 2nd 2014 The Woodlands

Strong Sales Trail 2013 Sales By A Cat’s Whisker

April 2014 Under Contract Month to Month The Woodlands

It’s busy.  May should be the busiest month of the year.

Sold Homes Tidbits

April 2014 Average Sold Price = $445,371

April 2013 Average Sold Price = $403,002

April 2014 Median Sold Price = $332,500

April 2013 Median Sold Price = $306,865

April 2014 Average Days On Market = 34 Days

April 2013 Average Days On Market = 38 Days

April 2014 Sold Price To List Price % = 98%

April 2013 Sold Price To List Price % = 98%

April 2014 Average Price Per Square Foot = $152.26

April 2013 Average Price Per Square Foot = $130.24

What’s It Mean?

If you’re thinking about moving UP or sideways act now.  Property values will continue to rise.  Mortgage interest rates are expected to rise.  The long you wait the more it will cost you.

If you’re moving down in price, wait as long as you want, your higher priced property will appreciate at a faster rate than a lower priced property.

If you’re buyer NOW, read this.

If we can be helpful let me know – Ken Brand 832-797-1779

Good Monday Morning Icon Reminders – BHGRE Gary Greene | April 28th, 2014

Greatnes Goodnes Hugh

Join us for our 9:30am Tuesday Team Meeting @ Bender’s Landing Club House

Click HERE for Google Map Driving Directions.

Google Map Driving Directions to Bender's Landing

Among other things we’ll talk about our blazing market – Click HERE to download the picture ↓↓↓↓

Screen Shot 2014-04-28 at 7.09.21 AM

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Listing Preparation Workshop – How to Outshine, Overshadow, Dazzle and Impress

Click HERE to register.  Thanks.

Listing Appointment Preparation

 

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Help the less fortunate.  See Linda Sawyers for details and questions.  Thanks.

backpack donations ecard

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We’re giving away $3,500.  Are you IN?  Two Days Remain:-) 

2014 List-To-Live Listing Campaign

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Thanks for all you do.  If I can be helpful – Ken Brand 832-797-1779.