prosper tx: Collin County, TX: Off the market does not always mean unavailable. - 10/29/10 12:36 PM
Today, one of my listings that came off the market in Prosper, TX is being shown to a prospective buyer.  That listing actually came off the market a couple of weeks ago.  The owner decided not to sell the house.  That was, until a buyer made contact through their agent and asked me if this home was still available.  We reactivated the listing, for this buyer, and they are touring it now.  They have no competition for this home.  Nobody else is aware the home is available.  And, the owner is thrilled that this buyer liked their home enough from the marketing … (1 comments)

prosper tx: Prosper, TX: Affordable homes of Prosper, Texas - 10/28/10 11:12 AM
With one of the highest home sale averages in the DFW Metroplex, Prosper, TX is a hot commodity.  But, don't assume there are no affordable housing options in Prosper, Texas.  Luxury homes are defined in DFW as homes with a price over $350,000.  In Prosper, I consider the luxury market to start at $300,000.  But, all of these Prosper neighborhoods contain homes that are much more affordable:
Glenbrooke
Legacy Homes is down to a single spec home left before they are all closed out in Glenbrooke.  D.R. Horton is still building.  Starting in the $140,000's, this neighborhood sits on the Western … (0 comments)

prosper tx: Prosper, TX: A regular maintenance schedule for gas fixtures is suggested. - 10/22/10 01:55 AM
You moved to Prosper, TX.  You love your home.  You change your air filters out quarterly.  You mow your lawn every week.  You put out fresh mulch in the landscaping once a year.  You run your sprinklers when we don't have steady rainfall.  Is this the extent of your home maintenance schedule? 
Someone who has become a good friend to me in the past ten years is the local plumber.  Believe it or not, he is the one contractor who gets called out to homes more than any other, in the course of my home sale transactions.  But, it isn't usually … (0 comments)

prosper tx: Ronda Allen: October Open House Schedule 10/21 - 10/31 - 10/20/10 08:15 AM
Come out and visit me at any of these great homes in Collin and Denton County for the remainder of October, 2010.  Fall is a great time to tour and buy a home in our area.  The weather is gorgeous and these homes are ALL worth the trip!
 
October 24, 2010
2-5pm 4700 Canvasback Boulevard, McKinney, TX 75070 - 5 bedroom Toll Brothers 2001 built custom home on .72 acres in gated The Preserve at Mallard Lakes.  Study, gameroom, split formals, split staircase, 3-car garage, and Tahitian Pools backyard oasis! List price $474,900
2-5pm 1421 Cedar Hollow Drive, Prosper, TX … (0 comments)

prosper tx: Has the real estate blog run it's course? - 10/18/10 05:32 AM
Just last week, a valued client contacted me about the sale of his home in Houston.  I am not involved in that transaction.  I sold him the home he and his family now own in Prosper, TX.  But, since I did not have 'skin in the game' as he stated, he trusted my opinion.  He wanted to know whether he should consider leasing out the home in Houston (YES!) since it wasn't selling.  Over the course of the conversation, he candidly shared that he didn't trust the agent he was working with to advise him in an unbiased fashion on this … (1 comments)

prosper tx: Prosper, TX home buyers: Using SOLD comps to guide your home purchase - 10/11/10 09:52 AM
If you are looking to purchase a home in Prosper, TX in October, you'll very likely be using 30-day sale comps to compose your offer.  Here's what the last 30-day sale comps show us in Prosper:
16 total home sales in the last 30 calendar days, as opposed to 22 homes sold in the 30-days prior
6 of those sales had sale prices above $100/sf
8 of those sales had sale prices above $91/sf
12 of those sales were of 4-bedroom homes
11 of those sales were of homes with 3 or more garage spaces
The average days on market was … (0 comments)

prosper tx: Prosper, TX resale homes 4th Qtr. 2010: Amazing resale values in Collin County, Texas! - 10/04/10 06:34 AM
It was true last year at this time in Prosper, Texas, I predicted it at the beginning of 2010, and it's proving true again this year:  In 4th quarter, we are very limited on completed builder spec home options, and the best overall values in the final quarter of 2010 are actually in the resale home market.  It's true all over Collin County, TX.  You aren't likely to find deals like this from a builder:
*A 5-bedroom home, built in 2001, in a gated community, with over 4500sf of living space, gameroom, study, pool, spa, and over a half acre of total … (0 comments)

prosper tx: Prosper, TX 75078 home sellers: Make sure your home is in MLS Area 59/Sub-Area 1 - 10/03/10 09:37 AM
In scanning the 168 active homes in the MLS in Prosper, TX today, I noticed that some agents have entered the area and subarea incorrectly.  This can be disastrous for a home sale, since many agents search for properties by the MLS geographic area.  The correct Area for Prosper, TX is 59.  The subarea is 1.  Every home listing in Prosper, TX should be using this combination. 
Area 31/1 - Denton County, North of Hwy 380.  This designation is really for unincorporated parts of Denton County.  Prosper, TX is in Collin County.  Why might an agent use area 31?  Could be innocent mistake, where they … (0 comments)

prosper tx: Prosper, TX home sellers: Review your marketing before you put through a price reduction! - 09/19/10 02:02 PM
A random search of 50 of the 174 active listings in the MLS in Prosper, TX today resulted in the discovery of 36 home listings with inadequate marketing.  The most common mistake, and the one that is likely costing the sellers the most in terms of exposure, is the lack of 25 photos.
If your Prosper home has been on the market greater than 90 days, stop and review the marketing prior to putting through a price reduction.  Filling in the marketing gaps can bring a greater level of interest toward the home and help it get back on track to … (1 comments)

prosper tx: Prosper, TX: Don't lower your price until you increase your marketing! - 09/19/10 01:52 PM
There are only 174 active homes in Prosper, TX in the North Texas MLS as of this morning.  We do have activity in our area.  After all, we have been one of the hottest growth markets in Texas.  But, we also have homeowners who are shaking their heads and wondering why their home hasn't been selected yet by a buyer?  Before you put through a price reduction, stop and review the marketing attached to your home listing, and make sure that you are getting all the exposure that you can be getting.  Here are some common problems with marketing strategies on … (1 comments)

prosper tx: Another divorce, and the possible lost opportunity for a listing. - 09/13/10 06:43 AM
It has only happened to me twice in ten years, so I consider myself fortunate, but I just found out that one of my clients put their home on the market with a different agent when they decided to get a divorce.  I have heard this story over and over again in the last couple of years.  Financial hardship can really put a strain on a marriage.  The normal odds of a marriage are only 50/50, at best.  So, we know as agents that we are going to encounter this from time to time over the course of our real estate … (2 comments)

prosper tx: Do not ignore the fence when considering a home for purchase - 09/12/10 01:03 PM
Have you priced out fencing these days?  It isn't cheap.  But, I find more buyers seem to be concerned with the countertop materials in the kitchen than with the condition of the fencing at most homes they are considering.  Don't overlook that fence.  Fencing these days can cost a lot more than granite countertops.  The last buyer I sold in Prosper, TX was considering updating a home that was built in 2003 and had laminate countertops and a fence that was showing signs of warping.  If the builders in some Prosper neighborhoods shorted us on anything, I'd say it was the original … (5 comments)

prosper tx: Dallas / Fort Worth Real Estate Agents: Prosper In Prosper Event 9-23-10 - 09/10/10 05:57 AM
This is a real estate agent event, and must be rsvp'd, so please don't just show up.  RSVP and come on out to Prosper, Texas on 9-23-10.  I'd love to meet you and tell you all about life in Prosper from a resident Realtor's perspective and Prosper ISD from a Mom's perspective.  We have been delighted with the community and the school system since we moved to Prosper in 2006.  These events are great, and I hope to see you there!
Discover Prosper Realtor Event - Thursday, September 23rd
Gentle Creek Golf Club3131 E Prosper TrailProsper, TX 75078
RSVP … (0 comments)

prosper tx: Prosper, Texas homes for lease: Only 7 available homes - 09/10/10 05:33 AM
Right now is the leanest the residential leasing market has been all year in Prosper, Texas.  There are only seven (7) homes available for rent.  The rentals range from $1195 per month to $5500 per month.  The majority of the homes are over 3,000 square feet of living space, and built after 2003.  Two of the seven are sitting on 1.5 acres.  All seven are in the renowned Prosper school district.  Three of the homes are also offered for sale.  And, one isn't currently in the MLS system. 
By comparison, we've had an excellent year, so far, of matching landlords and tenants in Prosper, … (0 comments)

prosper tx: Is your feedback from a home showing getting buffered? - 09/09/10 01:35 AM
Here's a common scenario these days:  Your home listing is getting tons of hits on the internet, but only scattered showings.  Your showings aren't giving feedback (or your agent has to follow up half a dozen times before the agent gives any indication of how the showing went.)  Then, you do get feedback, but it seems too vague to have been given any serious thought.  You just can't figure out why your home isn't selling.  And, you are very frustrated.
Welcome to the club.  We're all frustrated by the current environment in the housing market in our region, and we're one … (2 comments)

prosper tx: Rainy days are great days for showing houses! - 09/08/10 02:12 AM
When I went into real estate, I vowed not to only work in fair weather, which is most of what we see in the Dallas/Fort Worth Metroplex.  But, I vowed to work in all weather conditions.  If the post office can deliver the mail in snow, sleet, and pounding rain, then I could sell a home in those less-than-idyllic weather conditions, too.
What I learned through the years, by showing in all sorts of weather, is that rainy days are great days for showing houses!  If we're lucky enough to see consecutive rain days, then day 2 is even better than … (7 comments)

prosper tx: Collin County, Texas: Ask for the CCAR Pulse Report - 09/07/10 02:49 AM
How do you get your real estate information?  If it's from the Dallas Morning News, you may want to know that many real estate agents in Collin County, Texas wouldn't use the Dallas Morning News real estate section to wrap fish.  Online attention grabbing headlines?  Those have no bearing here.  So, where do you go to get honest and factual information about how the real estate market is doing in the North Texas Region?  Ask a local real estate agent, tied to the Collin County Association of Realtors, to give you a copy of the CCAR Pulse Report and review the … (2 comments)

prosper tx: Hyper-Local real estate: KNOW your market - 09/02/10 12:42 AM
Hyper-local:  serving a small geographic location. 
When I first went into real estate, I thought the hyper-local agents, those who specialized in only one town, city, or region of DFW, were pretty lazy.  I tried to be the uber-agent - agent to all, and willing to drive all over this North Texas region.  After all, I was a 30-year resident of DFW.  I had lived North, South, and West of Dallas.  I went to high school and college here.  I knew the in's and out's of a lot of cities, and that knowledge was helpful to my clients.  I earned some … (5 comments)

prosper tx: "Our real estate agent doesn't seem to have our best interest at heart". - 08/23/10 07:49 AM
I spoke to a couple today who wants me to take over their listing and help them find their next home in Collin County.  They already have an agent.  But, they sought me out and asked for me to take on their home sale as soon as they can terminate their current listing.  When I asked the reason they want to change agents, their response was "our real estate agent doesn't seem to have our best interest at heart".  Not the first time I've heard that.  But, what is a seller really saying?
1.  Their agent isn't communicating with them.
They … (0 comments)

prosper tx: Prosper, TX: Your market recovered. Why are you still giving away you equity? - 08/22/10 02:54 AM
It would almost be funny, if it weren't so sad.  North Texas worked it's way out of a recession between Summer 2008 and Summer 2009.  We've seen steady improvement in our housing market since then.  But, I see some people in Prosper reducing the price of their homes and continuing to give away equity that they earned in their home.  They blame the economy, but that isn't really the reason.
When I list a home in Prosper, Texas now, in 2010, I am brutally honest with my homeowners.  You have to be, or you are just wasting everyone's time.  If condition … (0 comments)

 

Ronda Allen

Prosper, TX

More about me…

RE/MAX Dallas Suburbs: Prosper, Texas

Address: 1140 Monticello Drive, Prosper, TX, 75078

Office: (972) 816-4369

Mobile: (972) 816-4369



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