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Radio Broadcast Saturday July 24th

By
Real Estate Agent with Village Real Estate Services 271657

Last weeks Open House with Dena was a really fun show to do, and I hope it was informative for the listeners to WCRK Hometown Radio.  It was very enjoyable to do the show with Ed Arnold, and I offer a special thanks to Kim Swann for taking the time and putting forth the effort to be my guest on the show. 

First I wanted to give homeowers who are selling in this market some information about how to compete in this market.  After reviewing the local Lakeway Area Multiple Listing Service, I found that there were a staggering 111 homes for sale in Hamblen County in the 200K to 300K price range.  And that 99 of those were between 205K and 300K.  What's more amazing and relevant, is that over the last 2 years, only 35 homes have sold in that range according to the local MLS data.  What that means is that if things continue as they have over the next two years, only 1/3 of the current sellers will go to closing.  That means competing in this market is serious business. This is why I wanted to give sellers some tips for being on top of the game.

For one thing, I mentioned that Pricing the Home is the MOST IMPORTANT of all tasks you will undertake.  I suggested that sellers do some online research, talk to their real estate pro about the market data, and think about getting a current Real Estate Appraisal to really get an idea what the market is doing.  If the seller is lucky enough to be able to price their home or property below the current appraised value, the home shoppers will recognize that this is a good deal based on that information.  With so much uncertainty and so many choices for buyers, this is a strong position for a seller to be in.

Secondly I suggested a Pre-Sale Home Inspection to find out what Issues may come up with the structure and condition of the house. Sellers can have a Licensed Home Inspector come and do this even before the property goes on the market to avoid surprises later on.  It's great to know what these reports are going to say, and sometimes it's surprising what the findings are.  Sellers can use this information to make repairs before beginning the marketing process or even get estimates for repairs to provide to potential buyers.  The last thing a seller wants is a surprise after getting an offer in this market, so this is a smart tactic.

Kim Swann from SunTrust Mortgage really gave us and our listeners some great tips and very pertinent information about the current mortgage market and what types of loan products are still available.  There are still a lot of possibilities out there for borrowers, and Kim made suggestions about the types of loans different buyers can consider.

Next week, there will be more seller tips from Dena Helms and the Guest will be Real Estate Appraiser, Thomas Bivens.  Thomas will offer an appraisers' perspective on the changes in the Appraisal industry brought on by the vast number of foreclosures.

Gratefully, I want to thank WCRK Hometown Radio for the opportunity to offer this broadcast on Saturday mornings at 10:30AM EST. 

Thanks for being part of the ongoing conversation,

Dena Helms, Real Estate Broker

Re/Max Real Estate Ten, Inc 525 West Morrisd Blvd. Morristown TN 37813 423-581-8881

www.openhousewithdena.com

 

 



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Dena Helms My Condo Connection

Village Real Estate

Comments (8)

Letitia Stevenson
BHHS Fox & Roach | www.DelawareValleyRE.com - Greenville, DE
Listing Agent DE/PA/MD, Digital Marketer & Coach

Dena, Welcome to the Rain! Active Rain is a great place to share your knowledge, expertise and thoughts, as well as network and learn so much from the vast pool of talent already onboard.

Welcome Aboard and Much Success!

Jul 30, 2010 03:29 AM
Dena Helms
Village Real Estate Services - Nashville, TN
Real Estate Broker

Letitia,

Thank you for the encouragement.  This was my first blog post ever, and I really appreciate your response.  I think that's pretty exciting, and I look forward to more interaction.

 

Gratefully,

Dena Helms Real Estate Broker

Re/Max Real Estate Ten 525 West Morris Blvd. Morristown TN 37813 423-581-8881 423-312-1247

Jul 30, 2010 03:49 AM
Jason Rose
123 ConEd LLC -- Michigan real estate continuing education - Farmington Hills, MI
www.123ConEd.com

Welcome to ActiveRain, Dena, and congratulations on your first post! This is a great place with lots of knowledgeable people who share tons of helpful information.  I hope you'll enjoy this great website as much as I do.

-- Jason

Aug 01, 2010 05:45 AM
Steve and Jan Bachman
RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax - Herndon, VA
Realtors - Northern Virginia

 

Wowee, congrats on the radio show Dana!

What an effort and what continued creativity it has got to take. Welcome to Active Rain by the way.

Here are some links that helped us when we arrived here:

Getting Started on Active Rain

How to Jazz Up Your Blog

Active Rain University

Active Rain Guide

Active Rain FAQs and Help

Active Rain Support Team 

Have great success this year,

Steve and Jan

 

 

Aug 01, 2010 06:40 AM
Dena Helms
Village Real Estate Services - Nashville, TN
Real Estate Broker

Thank you Jason, Steve and Jan.  I am really enjoying the connection Active Rain provides, and I thank you for your comments.  Also, Thanks for much Steve and Jan for the info!

Dena Helms Real Estate Broker Re/Max Real Estate Ten Inc. 525 West Morris Blvd Morristown TN 37813 423-581-8881 423-312-1247

Aug 02, 2010 01:30 AM
Letitia Stevenson
BHHS Fox & Roach | www.DelawareValleyRE.com - Greenville, DE
Listing Agent DE/PA/MD, Digital Marketer & Coach

Hi Dena, I subscribed to your blog to keep up with your posts. I see you're off to a great start! I would like to invite you to subscribe to my Activerain Blog by clicking here Subcribe to Letitia's Blog.

Also, I recommend that you check out the following posts/resources on ActiveRain:

  1. ActiveRain Point System
  2. Blogging and Time Management
  3. ActiveRain Guide
  4. ActiveRain Manual
  5. ActiveRain Starter Kit
  6. Getting Started on ActiveRain
  7. ActiveRain University
  8. How to Jazz Up Your Blog
  9. ActiveRain FAQs and Help
  10. ActiveRain Radio
  11. ActiveRain Support Team 
  12. ActiveRain Suggestion Box

All the Best & Much Success! Letitia

Sep 10, 2010 07:49 AM
Anonymous
Mike

Kim Swann has very little knowledge about the real estate market.  She is nothing more than a high school grad who found a job through a connection.  And she can't even sell her own houses.  Stop giving each other compliments for nothing. 

Sep 30, 2011 05:53 AM
#7
Anonymous
Brittany

Kim Swann is highly unethical.  She shares confidential information of her clients with everyone.  This has been going on for years and how come nobody is reporting this to her management unless they are all corrupt at SunTrust Bank.

Mar 28, 2012 03:08 AM
#8