Tim's Blog

Thanks Austin for "COATS for KIDS"!!

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Thu, 03 Dec 2009 15:19:16 -0600

I am so proud of three of our agents, Brandy Finnessey, Shannon Krammer, and Gene Fruge for standing out in 30-40 degree weather in front of our local grocery store for 2 days for the city wide campaign, "COATS FOR KIDS". They were able to gather 106 coats for children in need. Thanks to the neighboring communities around Four Points in Northwest Austin for their generosity. Thanks to radio personality Bobby Bones for the free plug to help with the turnout for The Bartlett Real Estate Group of Keller Williams.

Perhaps the best result was hearing from a person that was in need of coats for her kids 3 years ago; and the agents standing in the cold, brought her to tears. I thought they would get 10-20 coats on such a miserable rainy cold day. It really makes you feel good about people. Love this country.....

River Place Inventory Hits 15 year low!

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Tue, 01 Dec 2009 15:56:20 -0600

The link below is a real estate market report in an Excel format of the River North area of Austin including but not limited to the following communities:

River Place
Steiner Ranch
Villa Montana
Greenshores
Westminster Glen
Glenlake Estates/River Point
Grandview/The Parke
Shepherd Mountain
Long Canyon

Key points for November:

Sales were up year to year 8% (1^st increase in 3 months)
Inventory was down year to year 10% (8^th consecutive monthly drop)
Steiner Ranch hits a 13 month low in inventory
River Place hits a 15 YEAR low in inventory (as predicted)
Homes under contract dropped during November, but picked up during Thanksgiving weekend. (?)
Much of the inventory drop over the past few months are due to moving For Sale dates to Spring (that could be good or bad)
Months of inventory dropped in almost all price ranges, mainly due to the comment made above

In a nut shell, demand remains off around 30% from 2007 levels, while inventory is also below 2007 levels. This is a very odd scenario not seen in most of the country, as inventory levels, in general, are astronomically high in most areas of the country. Conclusion: Our area is prime for a very, very fast recovery and quick inflation when the demand starts to flourish; whereas most areas of the country will see a very long recovery period when demand flourishes. i.e. Be thankful you live in Austin.

So when is this demand going to flourish? I see demand staying stagnant until we see three statistical changes that have shown little to no change in improvement:

Mortgage deficiencies flatten or improve.
Foreclosure rates flatten or improve.
Unemployment reverses its course.

So when will these items change course? Odds are quite high that it will take a year or more to change such a negative pace; but, if history is any indicator, the market shifts when no one expects. That could be great news or bad news. Time will tell. In the interim, be very thankful that you are here where inventory levels are extremely low. I am very, very optimistic for 2010.

Tim Moncrief, CLHMS

Co-Owner

Bartlett Real Estate Group

Keller Williams Realty

www.TopKWGroup.com

5418 Merrywing Circle, River Place, Austin: PODCAST

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Mon, 23 Nov 2009 11:38:36 -0600

Click on pic for PODCAST

HARD TO FIND SINGLE STORY IN RIVER PLACE - LARGE LOT
$365,000
5418 Merrywing Circle
Austin, TX 78730
3 Bed, 2.5 Baths

This stunning single story home located in the prestigious River Place community is situated on a tree shaded corner and cul-de-sac lot within walking distance of the area park. Interior features such as soaring ceilings, dual fireplace, built-in wet bar and spacious master suite add to the distinction of this fine property.

There is plenty of room for everyone in the chef's kitchen featuring extensive cabinetry, walk-in pantry, and large center island. Enjoy relaxing or entertaining on the beautfiul covered patio overlooking a professionally landscaped, private backyard. The open flow of this home can be as casual or as formal as needed. Exemplary schools as well as Lake Austin & Lake Travis are nearby.

For more information about the home or River Palce, go to our website at www.TopKWGroup.com.

13104 Country Lake Steiner Ranch, Austin: Virtual Tour

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Mon, 23 Nov 2009 11:27:27 -0600

Click on PIC for Virtual Tour

ONE STORY IN ESTATES OF WESTRIDGE STEINER RANCH
$499,500
13104 Country Lake
Austin, TX 78732
4 Bed, 3.5 Baths

We present this rare and exquisite 4,014 square foot 1 ½ story home on an oversized estate site in the prestigious Estates at Westridge in Steiner Ranch. This home is ideally located across the street from the neighborhood park; thus, allowing only one neighboring home. Granite counters and a massive skylight accent the chef’s kitchen for superb entertaining for two or for a substantial social gathering. The downstairs bonus room can be used as a massive bedroom, secondary office, or home theatre.

Wood flooring adds that additional elegant touch, and the covered patio is large to enjoy shaded afternoons. Massive double gates to backyard allows for easy access of oversized lawn equipment, and very easy access to move anything in or out of the backyard or to build a pool.

Highly rated Steiner Ranch Elementary, Canyon Ridge Middle School and neighborhood pool are a short bike ride away. Newly constructed Vandergrift High School and football stadium are right around the corner off of FM2222. The Gas station, grocery market, dining, and numerous other retail establishments are within Steiner, allowing for a lifestyle so great there is very little need to leave the community. Go to www.TopKWGroup.com for the virtual tour and podcast of this home as well as the community of Steiner Ranch.

How making predictions can come back to haunt you.....or help you.

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Mon, 02 Nov 2009 14:54:39 -0600

Look back at one's thoughts and predictions years ago can be enlightening. I found my 5th post ever on the internet, California-2009-the-bottom-is-coming. Though not written in HTML and perhaps not the best written, it was quite fun to see how accurate I was at the time. My friends in California were in total disagreement with me on my theory of the downfall of California.

Where I was wrong, though not noted in the post, was I thought a tic in the interest rates would cause the landslide. I was definitely off on the recovery time period. We still are not at the point where California was 15 years ago relative to the rest of the US as far as comparing median pricing; but, we are finally getting close. i.e. California is finally getting their pricing where it should be in a normal market; but, of course, we are not in a normal market.

I still am worried of a double dip for California if rates were to increase a point or so in the coming year.

View article...

RN area in Austin sees decreased inventory AGAIN....

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Mon, 02 Nov 2009 13:37:06 -0600

Inventory in the River North area dropped in October from last year 6%, making the 9^th month out of the 10 months this year that inventory dropped from the same month from last year. Though that is an encouraging trend, overall sales dipped by the same 6%. Though I am disappointed to see the sales dip, seeing inventory continue to drop over such a long period of time is a very encouraging trend, as when the market turns, it will turn much quicker with lower inventory levels.

An encouraging trend starting to emerge is an increase in sales in the 1 million dollar plus market. Though the numbers are not outstanding, there has been a slight improvement. Why this is encouraging is that months of inventory calculated over the last 5 months at $1mm to $1.5mm drops from 29 on an annual rate to 17.

As noted previously 4-7 months of inventory is considered a normal market. Though that number is still high, it has gone down each month over the last 5 months. i.e. a trend.

River North includes, but is not limited to the following communities:

River Place
Steiner Ranch
Westminster Glen
Glenlake Estates/River Point
Glenlake/The Parke
Greenshores
Villa Montana
Long Canyon
Shepherd Mountain

Click on the link below for a complete detailed report including neighborhood reports.

Complete River North Market Report CLICK HERE

5005 Bluffton Cove; River Place; Austin, TX Podcast w/voice overlay

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Tue, 27 Oct 2009 23:17:16 -0500

CLICK ON PIC FOR PODCAST!

INVITING AND IMMACULATE HOME IN THE HEART OF THE HILL COUNTRY
$430,000
5005 Bluffton
River Place on Lake Austin
Austin, TX 78730
4 Bed, 3.5 Baths

Situated on a quiet cul-de-sac in the prestigious River Place community, this immaculate home has much to offer. Talk about a fabulous location, this home has it: Parks, golf, dining, tennis and hiking can all be found within the neighborhood. Merely minutes from boat launches to Lakes Austin and Travis, and only 30 minutes to downtown Austin entertainment districts and the University of Texas.

Concordia University is only a couple of miles down the road! Three renowned Leander Independent School District Schools are all within a mile from the neighborhood entrance (Exemplary rated River Place Elementary, newly opened Four Points Middle School and Vandergrift High School slated to open in August 2010).

Enter thru the front door to an open, inviting layout great for both entertaining and everyday living. The first floor contains an imposing foyer, a study separated from the madness by French doors; a formal dining room and a dramatically windowed family room with built in fireplace and niches. Walk thru the Family room to a kitchen and breakfast nook that also attach to a cozy sitting area with lots more windows.

A utility room, powder room and spacious Master bedroom and bath that feature a jetted tub and a large walk in closet complete the downstairs. The second floor features three good sized bedrooms, two full baths, and a large game room with a huge walk in Texas basement for storage! The yard is lushly landscaped with a charming patio and backs to the desirable Westminster Glen neighborhood. This house is ready to go – you can move in tomorrow!

Go to www.TopKWGroup.com for a virtual tour and podcast of the community.......

4014 Love Bird Lane; River Place; Austin; Podcast w/voice overlay

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Tue, 27 Oct 2009 23:10:30 -0500

click on PIC for PODCAST w/voice overlay

CUSTOM HOME - PRIVATE, ACERAGE, VIEWS IN PRESTIGIOUS RIVER PLACE
$665,000
4014 Love Bird
Austin, TX 78730
4 Bed, 3 Baths

Modern elegance describes this custom remodeled one story home in prestigious River Place. Situated on .87 of an acre overlooking the 4^th Fairway of River Place Golf Course and the surrounding Cortaña Nature Preserve, this home offers privacy and stunning sunset views while standing on the multi tiered deck with a stone fire pit. Click on Pic for Virtual Tour

Amenities include Tumbled Travertine and Maple Hardwood flooring, extensive recessed lighting, solid handmade Pine Doors with La Forge Pewter hardware, and Multiple Built-Ins. Open floor plan, sunny and bright with numerous cased windows, this home highlights a gourmet kitchen with Granite Countertops and Solid Cherry Cabinetry plus many more distinctive details.

One of a kind, great for entertaining - your striking sunset views are waiting! This home offers it all while being located just minutes from Exemplary Schools as well as Lake Travis and Lake Austin.

For more details including a virtual tour or podcast of River Place go to www.TopKWGroup.com

Features:

4 bedrooms · 3 full baths
3055 sf
Master Suite with walk out onto secluded deck and hot tub
Luxurious spa like Master Bath featuring a Jacuzzi tub and Travertine shower
On Demand Tankless Water Heater
Gourmet Kitchen with Granite Countertops
Stainless Island with sink, Wolf Dual Fuel Range and Bosch Dishwasher
Cherry Cabinetry throughout Kitchen
.87 acre lot
180°panoramic views
Approximately 1000 square feet of IPE decking (Brazilian Ironwood) with custom railing
Custom retractable Solar Shade with wind/sun sensor and remote control

9550 Big View Drive; River Place on Lake Austin; PODCAST w/voice overlay

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Tue, 27 Oct 2009 23:03:16 -0500

CLICK ON PIC FOR PODCAST W/VOICE OVERLAY
CUSTOM SECTION OF RIVER PLACE IN THE $400'S--WOW!!
$459,700
9550 Big View
Austin, TX 78730
5 Bed, 4 Baths

This lovely white Austin limestone home is on the prestigious custom section of Big View Drive with ideal towering south-eastern views from the rear to the neighboring greenbelt and the hill country far off in the horizon. The home is valued to allow one to make customized enhancements that will put this home in par with nearby homes which are several hundred thousand dollars higher in value. See this home as a canvass awaiting your brush stroke to customize details to your particular wants, needs, and tastes.

A secondary bedroom on the main level makes this ideal for either guests or in-laws; or, the secondary room could be converted into an office. The location is phenomenal as it is within walking distance, or a very short drive, to Woodlands Park and Tennis facilities on Lake Austin, River Place’s hiking trail, River Place Country Club, and Sun Tree Park. The secondary access from the nearby back access of River Place to either Hwy 360 or FM2222 is highly desirable. This 3615sf (TCAD) home is ideal for any size family as any of the 5 bedrooms could be converted for other uses, such as secondary office, weight room, or theatre room.

The detached oversized 3-car garage allows for substantial guest parking and gives the home far superior curb appeal than other comparable homes with garages stuck on the front. Privacy is ideal, as the detached garage partitions the backyard of the neighboring house, and the beautiful greenbelt and massive space of undeveloped land is a sight to behold. Ask us about our exemplary elementary school in River Place, and 4-Points Middle School and Vandergrift High School, and the accompanying football stadium by 3M adjacent to River Place. For a virtual slideshow and podcast of this home as well as River Place, visit our user friendly website at www.TopKWGroup.com.

How Posting Listings on Active Rain actually gains me additional listings......

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Wed, 21 Oct 2009 12:44:00 -0500

To show that I am one step ahead of the average agent during a listing presentation, I have clients get on their computer and Google their street and/or community; and, then I have them Google other streets in that community where we have listings or NOT. I have the clients do the work so they won't think that I am playing some computer trick. The exciting part is seeing their eyes open wide when they see my listings pop up on the page.

When posting a listing with proper key words on Active Rain/Localism, odds are very high that the blog will rank at or near the top of a Google search the very next day. I am honest with clients and tell them that it takes alot of effort to gain massive internet exposure, and that the blog will likely float downward over the coming weeks and we will have plan B to get them back to the top of the list.

Our podcasts spider to about 50 different sites that allows us to dominate a search for a particular neighborhood or street for years. Even though I don't currently have a listing on Inshore in River Place in Austin, if I Google the street and Austin, our old listings are still there as I have no control over the spidered podcast sites. But the key is that our presence remains. Then I have them Google their street. This is especially strong when they have had their home listed before as most of the internet exposures from the previous agent will move to several pages back or be entirely deleted. What is ideal, is if I have had a listing on that street in the past couple of years and my listings are still on the first page. That will be hard to overcome for the competing agent.

Using Active Rain and Localism to post listings allows me to gain very favorable ratings, depending on my key words. This has come with practice and asking clients what would they Google if they were interested in moving in this area. I ask them a few things they would Google and have them Google it in front of me. Next, I take them to the picture and video tabs of Google. By naming pictures appropriately, it is quite easy to gain page dominance and is very impressive with potential clients.

This is NOT fluff. This is reality. People are Googling, to a degree, what your clients may be Googling; and, when my listing pops up it is not only impressive to a prospect that I am trying to list a home with, it is capturing an audience and branding my name and the company name. i.e. it works!

Blogging and podcasting or videoing a listing are extremely powerful, and are avenues that separate me from the crowd.

Thanks Active Rain!

4014 Love Bird Lane; River Place; Austin; Virtual Tour

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Sat, 17 Oct 2009 16:01:19 -0500

CUSTOM HOME - PRIVATE, ACERAGE, VIEWS IN PRESTIGIOUS RIVER PLACE
$665,000
4014 Love Bird
River Place on Lake Austin
Austin, TX 78730
4 Bed, 3 Baths

Stacy Rider

One of a kind, great for entertaining - your striking sunset views are waiting! This home offers it all while being located just minutes from Exemplary Schools as well as Lake Travis and Lake Austin.

For more details including a virtual tour or podcast of River Place go to www.TopKWGroup.com

Features:

4 bedrooms · 3 full baths
3055 sf
Master Suite with walk out onto secluded deck and hot tub
Luxurious spa like Master Bath featuring a Jacuzzi tub and Travertine shower
On Demand Tankless Water Heater
Gourmet Kitchen with Granite Countertops
Stainless Island with sink, Wolf Dual Fuel Range and Bosch Dishwasher
Cherry Cabinetry throughout Kitchen
.87 acre lot
180°panoramic views
Approximately 1000 square feet of IPE decking (Brazilian Ironwood) with custom railing
Custom retractable Solar Shade with wind/sun sensor and remote control

Ever checked the tax records SKETCH to see your home is the home measured? Huh?

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Fri, 16 Oct 2009 16:03:17 -0500

We all know that tax assessor's records are so reliable.....HA! I had a fairly unique situation pop up today that I wanted to share......as it is quite rare, but if it happens to you, it can be devastating.

SCENARIO: The house is 12 years old and currently shows a square footage on the tax records of 2815 square feet. Buyer 1 bought it with the tax record showing 3112 square feet; buyers 2, 3 and 4 at 2815 square feet. So the appraisal comes in yesterday at 2575 square feet, which, of course, causes the appraisal to come in low. The measurement has to be wrong, eh?

I know buyers 2, 3 and 4. I ask each if they have appraisals of the home. None do. Hmmmmm. Buyer 4 asks the bank for the appraisal and they refuse. Hmmmm.

So I get on the tax assessor's website and pull up the home and pull up the sketch of the home the tax assessor used to measure. The sketch is is NOT the home that is being sold. Hmmmmm.

Then I remember buyer #1. The builder was going to build a spec home and buyer #1 wanted to change the plan, and the builder agreed and the new home was built. You can probably guess what drawing is still on the tax records 12 years later. Yes, the plan that the builder had originally planned to build.

We all need to remember the spelling of assume. Ass U me. We all pull up tax records to verify information, but how many pull up the sketch that the assessor used in making the square footage calculations. Most agents would say "Is there a sketch on the tax records?". I don't mean to be harsh about saying that, but it is AssUme d that the square footage over a 12 year span had to have been corrected at some point, right? Surely one of the 4 appraisals measured the home, right? Surely the sketch has to be correct, right? That is what I Ass U Me d.

We all have had square footage problems with relatively new homes from a builder's measurement to an assessor's measurement; but what are the odds that such a scenario would pop up where the floor plan measured is not the floor plan of the home. Honestly, not that often; but one time will wake you up. How long does it take to check the drawing? One click and about 3-4 seconds to say "yep, that's the same plan".

You might want to pull up your own tax records and not only see if they have the correct plan, but even check the calculations of the measurements. Odds are pretty fair that there is an error in the calculations. For my seller, I told them that there is a tiny bit of good news as you can go back and get rebated on your tax differential over the past two years. I had one client with an 800 square foot area error. At 4000sf, not 4800sf at $270/sf at a 2% tax rate, they got a pretty sizable refund.

God willing we will make this work by day's end and make it a win win for all; but I thought it would be a nice lesson to share to all........

Have a blessed day.....

5205 Keene Cove; River Place; Austin, TX; Virtual Tour

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Fri, 16 Oct 2009 15:17:25 -0500

CLICK on pic FOR Virtual Tour

UPDATED 1 STORY IN RIVER PLACE!
$339,500
5205 Keene Cove
Austin, TX 78730
3 Bed, 2 Baths

This home is a superbly updated ONE STORY David Weekley “Sienna” plan for the buyer with extreme discriminating tastes to include but not limited to luxurious Oklahoma Carmel Sandstone at the breakfast bar, custom designer paint throughout, granite tiled countertops and backsplash in kitchen, air conditioner replaced in 2007, roof replaced in 2006, like new carpet, enhanced lighting fixtures, and an oversized family room typical of substantially larger homes. This home is in model-home condition.

This lovely home is privately located on a cul-de-sac with a “pool-sized” backyard rarely found with one story homes in River Place. The flex space/gameroom is ideally designed between secondary bedrooms for convenience for family and/or guests.

You are a short walking distance to 1 of 2 neighborhood parks, and a short drive to the private country club and the hiking trail along our meandering stream with multiple waterfalls as it flows to our neighborhood pond and into Lake Austin adjacent to Woodlands Park

The exemplary River Place Elementary is conveniently located within River Place and Four-Points Middle School and Vandergrift High School and stadium are adjacent to 3M across from River Place. See the virtual tour and podcast of this River Place at www.TopKWGroup.com

5205 Keene Cove; River Place; Austin, TX; Podcast w/voice overlay

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Tue, 13 Oct 2009 14:53:25 -0500

CLICK on pic FOR PODCAST w/voice overlay

UPDATED 1 STORY IN RIVER PLACE!
$339,500
5205 Keene Cove
Austin, TX 78730
3 Bed, 2 Baths

13101 Halsell Drive; Steiner Ranch; Austin; TX Podcast w/voice overlay

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Tue, 13 Oct 2009 14:43:58 -0500

CLICK ON PIC FOR PODCAST w/voice overlay

EXQUISITE IN STEINER RANCH!
$339,900
13101 Halsell
Austin, TX 78732
4 Bed, 3 Baths

Located within one of the most coveted neighborhoods of Steiner Ranch, this 4 bedroom 3 bath home features exquisite Brazilian cherry hardwoods, spacious kitchen with high end maple cabinetry and custom pull out shelving, and a formal living room that is easily converted to an office, if desired. The master suite showcases dual walk in closets, oversized master bath and a wall of windows with a private balcony to enjoy.

The secondary bedrooms are large enough for two full sized beds and they share a large bathroom with separate shower area. The gameroom is spacious and flexible for your media, toys or pool table. The landscaped backyard incorporates a covered patio and plenty of shade trees. All of this for an exceptional price!

See www.TopKWGroup.com for information on the schools and a podcast and virtual tour of the community..........

9424 Westminster Glen; Westminster Glen Estates; Austin, TX: PODCAST w/voice overlay

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Tue, 13 Oct 2009 14:33:43 -0500

CLICK ON PIC FOR PODCAST W/VOICE OVERLAY

ELEGANT CUSTOM HOME ON 1.87 ACRES
$749,000
9424 Westminster Glen
Austin, TX 78730
4 Bed, 4.5 Baths

Sitting on a 1.87 acre lot in the prestigious Westminster Glen subdivision this custom home built by Peter Strobel offers a truly sought after combination of privacy and stunning hill country views. The open versatile design and attention to detail offer an inviting retreat just minutes from exemplary schools and Lake Travis and Lake Austin.

This home features multiple living areas such as main level formal living and dining rooms plus a large family room that opens to a spacious deck offering hill country views. Upstairs you will find a large game room and a 20 X 20 walk-in storage area. The fully finished walk-out basement featuring full bath, media room, exercise area and 2^nd family room leads to another deck and patio area with hot tub.

Whether you are entertaining family and friends or settling in for a cozy evening this home will be remembered for its detail in design and features. From your first impression to your parting thoughts this home will be remembered for its detail in design and features. Hill Country living at its finest.

See www.TopKWGroup.com for more information on the area and schools!

5005 Bluffton Cove; River Place; Austin, TX Virtual Tour

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Tue, 13 Oct 2009 14:27:28 -0500

CLICK ON PIC FOR VIRTUAL TOUR!

INVITING AND IMMACULATE HOME IN THE HEART OF THE HILL COUNTRY
$430,000
5005 Bluffton
River Place on Lake Austin
Austin, TX 78730
4 Bed, 3.5 Baths

Situated on a quiet cul-de-sac in the prestigious River Place community, this immaculate home has much to offer. Talk about a fabulous location, this home has it: Parks, golf, dining, tennis and hiking can all be found within the neighborhood. Merely minutes from boat launches to Lakes Austin and Travis, and only 30 minutes to downtown Austin entertainment districts and the University of Texas.

Go to www.TopKWGroup.com for a virtual tour and podcast of the community.......

5 Day Closing: Who really gives a CRAP! (An H1N1 Story)

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Sun, 11 Oct 2009 20:53:51 -0500

Perhaps a bit harsh title, but Friday I was going to write a blog that we could still sell and close a home within 5 days. But at the closing table I got some horrible news that made the 5 day closing meaningless.

My client did not show up on time for closing, so I called to find out what was the delay. My client said "Are we closing today?" A bit of an odd reply as we had talked earlier and my closing manager had set up the closing time, gave directions and gone over the HUD. Though puzzled, I did not bat an eye, and told her that I was at the closing office, but to come by at her earliest convenience. She said she would be there in about 15 minutes and greatly apologized.

She shows up and has this stunned look on her face. I asked her if she was OK, and she said "No". She said that her neighbors' 5 year old had just passed away from the H1N1 virus. She was the child's Godmother.

So now I was going to close on a deal? Perhaps the most awkward, heart wrenching closing I have ever been to in 28 years. Closing went fine and she flew out of the room and apologized for leaving so fast. What do you say? Congratulations? I am so sorry? I was so shocked as the title rep's children and husband also had the same virus this week, so I had to not say anything until after the closing.

I just sat there for about 5 minutes thinking this was going to be a cool moment that I was able to get a contract on Monday and close it on Friday. But instead, I could not give a crap. Moreover I won't even go into the details of how we were able to pull it off as it is totally meaningless to this post. Sometimes in life we get a moment where we get a big kick in the face as to what life is all about. It was a very long drive back home.....as I could not go back to the office.

I am writing a post about a closing and my and my client's neighbors are getting ready to bury their 5 year old child tomorrow. No jokes ever about this horrible flu as this may hit very close to you. This child was sick on Sunday, and the flu symptoms would not go away; so they took the child to the doctor. H1N1 confirmed and the child was to be taken to the hospital overnight. The child was suffering from nothing else. Just a flu....a very bad flu. A very sad and horrible ending. It's not fair.

Please make sure that everyone you know gets the H1N1 vaccine this coming month(s).

9424 Westminster Glen; Westminster Glen Estates; Austin, TX: Virtual Tour

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Sun, 11 Oct 2009 20:18:52 -0500

CLICK ON PICTURE FOR the Virtual Tour ! ! ! !
ELEGANT CUSTOM HOME ON 1.87 ACRES
$749,000
9424 Westminster Glen
WESTMINSTER GLEN ESTATES
Austin, TX 78730
4 Bed, 4.5 Baths

Sitting on a 1.87 acre lot in prestigious Westminster Glen subdivision this custom home built by Peter Strobel offers a truly sought after combination of privacy and stunning hillcountry views.

The open versatile design and attention to detail offer an inviting retreat just minutes from exemplary schools and Lake Travis and Lake Austin. Featuring multiple living areas--main level formal living and dining rooms plus a large family room that opens to a spacious deck offering hill country views. Upstairs you will find a large game room and a 20 X 20 walk-in storage area.

A fully finished walk-out basement with full bath, media room, exercise area and 2nd family room leads to another deck and patio area with hot tub. Entertain family and friends or settle in for a cozy evening. From your first impression to your parting thoughts this home will be remembered for its detail in design and features. Hill Country living at its finest.

For more information go to www. TopKWGroup.com

Converting PDF to JPG for your blog is so easy even I can do it.....

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Thu, 08 Oct 2009 18:43:01 -0500

This is so easy, well, I can do it. And if I can do it, anyone can.

Go to Zamzar.com (It's free and there is no registration or signing up for stuff). THIS IS A GREAT WAY TO SCAN PICS AND TURN THEM INTO PICTURE FORMAT!!!! I am sure that there will be some advertiser that will try to attach something on your computer, but your anti virus, malware virus should quarantine it so you won't be hassled i.e. don't worry, be happy!.

For those that are really computer savvy, here are other formats that you can convert to:

bmp
dwg
dxf
eps
gif
ico
jpg
pcx
png
tga
tiff
wbmp
wmf
...and numerous doc files

ANYHOW, there will be 4 easy steps to convert to a picture format from the Zamzar site:

Upload your PDF file from wherever you are storing it on your computer.
Select what format to convert it to
Enter your email address
Click on CONVERT
Pull up your email and you will see and email from Zamzar.com
Click on the link on the email that downloads the CONVERTED file.
Save the converted file to whatever file you store your pics

Now upload these pics on your blog and off you go..........

Blog on!

Ready for the DOUBLE DIP RECESSION???

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Mon, 05 Oct 2009 16:20:06 -0500

Mixed reactions from the River North Area of Austin Texas. The number of homes on the market continued its downward trend with a reduction of 7% from last year; though, closings were down 6% from last September. It is pretty tough to make any assumptions based on one month, but the reduction in closings is a red flag that needs to be watched. Last October we saw the implosion of the financial markets that took a major toll in the closings in November through this past May. If the market is beginning a recovery we should see substantial closing increases during these same upcoming months.

The fear that still resides is the possibility of a double dip recession, whereby the market makes a modest stabilization, and then takes a second fall. What I am watching closely is the lagging indicator of unemployment numbers. Though it is a lagging indicator, it does help give one an idea of the direction in which the country or area HAS been going. At this time we are not seeing any positive change in unemployment numbers and this will remain a concern.

I, nor any economist, can not accurately predict where an economy is going as it is virtually impossible to predict global human behavior from BILLIONS of people. Bottom line is that we need to see job growth before we can see a serious recovery. At this point the stock market and real estate market are improving and that is very good news. The question arises as to whether this will continue, or will job creation start in the upcoming months and we will see stronger growth, or will we see a double dip recession and see a reversal of our improved economy. So far, optimism remains good; and, optimism can create positive movement, as pessimism can create negative movement.

So the advice I can give is to pass on optimism. It is contagious.

For a detailed report C L I C K H E R E ! ! !

River North Area sales averages about $516,000 per home and includes, BUT is not limited to, the following communities:

River Place on Lake Austin
Steiner Ranch
Westminster Glen
Villa Montana
Grandview Hills/The Parke
Glenlake Estates/River Pointe
Long Canyon
Greenshores
Shepherd Mountain

13121 Halsell Ct. Steiner Ranch, Austin: Virtual Tour

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Tue, 22 Sep 2009 16:24:07 -0500

CLICK ON PICTURE FOR VIRTUAL TOUR!!

13121 Halsell Dr.

Steiner Ranch

Austin, TX 78732

EXCELLENT STEINER RANCH VALUE!

Enjoy incredible sunsets off of the back deck. Entertain while overlooking a private greenbelt yard large enough for your custom pool!

The kitchen opens to the family room and features new granite counters, center island, dual pantries, and huge breakfast bar.

You’ll love the warm hardwood flooring throughout most of the downstairs. The oversized main level master suite has private greenbelt views too! This 5 bedroom home features 2 bedrooms downstairs and 3 full bathrooms. All of this for an exceptional price.

Property Snapshot

Property is situated on private greenbelt
Oversized backyard perfect for a custom pool
Deck for entertaining with views
Hardwood floors throughout most of main level
Oversized master suite on main level
5 large bedrooms, 3 full baths
Over 3,300 square feet

River Place Austin "Retreat" Jewel: View the PODCAST!

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Sun, 20 Sep 2009 20:15:39 -0500

CLICK ON PICTURE FOR THE PODCAST!!!
$399,400
10053 Planters Woods Dr
River Place
Austin, TX 78730
4 Bed, 3 Baths

Substantial enhancements have been made to this exquisite David Weekley home for the most discriminating buyer such as Walnut flooring, Travertine in the master bath, gorgeous kitchen countertops, enhanced lighting fixtures, Viking dishwasher, exceptionally lush landscaping in the front and back, accented designer paints, and Texas limestone exterior.

This lovely 4 bedroom David Weekley home is in a private setting with only one neighbor to the side, distantly set from the neighbor behind, with ample buffer room to the right of the home. The home is within walking distance to one of two neighborhood parks, Sun Tree Park. Woodlands Park on Lake Austin, our community pond, and our hiking trail along a meandering stream with numerous waterfalls are all within close proximity. There is easy access to both the front and back entrances to River Place for easy access to FM2222 or Hwy 360.

The prestigious private River Place Country Club is a major anchor to the community as part of 800 acres of open space and greenbelt in River Place. River Place Elementary School is at the front of River Place and 4 Points Middle School and Vandergrift High School are ideally located adjacent to River Place near 3M. Call me or go to our website and see the virtual tour or podcast of this home as well as River Place. River Place is not just a community, it is a lifestyle.

Steiner Ranch Newmark Home: View the PODCAST

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Sun, 20 Sep 2009 20:03:13 -0500

CLICK ON THE PICTURE FOR THE PODCAST!!!!

$329,900
13121 Halsell
Austin, TX 78732
5 Bed, 3 Baths

EXCELLENT STEINER RANCH VALUE! Enjoy incredible sunsets off of the back deck. Entertain while overlooking a private greenbelt yard large enough for your custom pool!

The kitchen opens to the family room and features new granite counters, center island, dual pantries, and huge breakfast bar. You'll love the warm hardwood flooring throughout most of the downstairs.

The oversized main level master suite has private greenbelt views too! This 5 bedroom home features 2 bedrooms downstairs and 3 full bathrooms. All of this for an exceptional price.

Property Snapshot

•· Property is situated on private greenbelt

•· Oversized backyard perfect for a custom pool

•· Deck for entertaining with views

•· Hardwood floors throughout most of main level

•· Oversized master suite on main level

•· 5 large bedrooms, 3 full baths

•· Over 3,300 square feet

Spotlight Austin: A recap

Tim Moncrief, Co-Owner-Bartlett RE Group (Keller Williams Realty Austin, Texas) — Mon, 14 Sep 2009 17:16:27 -0500

Fantastic turn out at this month's SPOTLIGHT AUSTIN by Patten Law Firm of Austin. Thank you sooooo much Patten for allowing me to be a part of the panel to help point a few in the right direction.

A few pointers I passed on to others for a few questions presented:

How are your adapting to the shifting market: I said that I actually love markets like this as it allows one to truly find out what is working for them in building their business and what is not. Sure we cut costs, but only on items that we were not positive were not working. We actually increased our budget on marketing items that were working. Sure it hurts, but we are learning from it. Having been through several down turns we actually planned on this downturn market 5 years ago in developing our business model. Thus we were able to adapt better than many.
Where do you think this market is going in the next 6-18 months based on the number of projected foreclosures and increasing number of 3 year arms hitting our market in the next 2 years (Ouch, powerful questions): I said all depends on job creation. The more job creation that we see in the coming years, the better the market will be able to absorb any future foreclosures. I said I don't want to be negative, but without job creation, the market can not absorb the upcoming foreclosures and projected foreclosures. But, I am optimistic.
Do you see a major impact of commercial buildings and retail centers failing having an impact on your market? No! I told the audience that in any down market commercial activity is going to be hit very hard. It is up to the agents to educate the public that location, location, location will, in time, bring the commercial back. Our group does an excellent job of educating the public and all realize that with the location that we farm, our area is safe. Another agent (Tosca) jumped in and added the impact of the premium schools will outweigh the failing of a new retail or office building.