home selling tips: Reflections of Homes Not Selling On Your Time Table - 11/21/09 09:56 AM
Yes, sometimes houses just don't close for very good reasons but we just don't know it yet. As people, we tend to want to fix things and make things right when it goes "wrong". Real estate transactions and negotiations included.
This property 4581 Spencer in Wellington at Preston Meadows of Plano, TX was a listing I took back in early August 2009. By the 2nd weekend, this property was hot off the press with MANY INTERESTED BUYERS. 9 out of 10 buyers asked for Seller's Disclosure - which indicated strong interests.

By the end of the 2nd weekend, we were … (5 comments)

home selling tips: I Wished Someone Would Have Told Me It Was a Preview - 04/30/09 01:23 AM
At the front door, the Seller said, "I wished someone would have told me it was a Preview. I wouldn't have gone to this extend to prepare the house".
I just want to ponder on this statement in this post.
Realtors preview homes everyday. At least that's what we should do if we call ourselves market experts. Sometimes, the "preview" showing doesn't get communicated with the Seller. The Seller went to the extend of cleaning and straightening the house. After all, the Seller is trying to make a good impression in hopes that the buyers would buy the house.
So, when … (17 comments)

home selling tips: Let's Make a Sweet, sweet deal! - 04/02/09 12:05 AM
Let's make it a sweet, sweet deal. Calling all home buyers and sellers alike to make a sweet, sweet real estate deal!
It's not always about the price. We always know that He who has the most information wins. So, instead of haggling on solely the price, try talking it out to see how both parties could get a win-win situation.
Did you know these are also strong negotiation points in taking the attention away from the price?
Closing Date Seller's contribution of closing Costs Repairs - Who to fix by when Possession of property Contingencies - Buyer has another home … (9 comments)

home selling tips: Sellers, Showcase Your Home with its Energy Up, Up and Up - 03/25/09 11:40 AM
It is timely to bring this topic up again since our home selling season is on its way. Selling a home is nothing more than presenting the home in the right energy to invoke your buyers' emotions. You want to capitalize on the energy going up, up and up. Your home is immaculate. Your staging is exceptional. Your pricing is attractive.
Sellers: Think about this. Energy in your home while the buyers walk through it.
When that happens, the ENERGY is up. While driving through theneighborhood, cars are parked everywhere. The grass is brown because of spring hasn't fully kicked … (8 comments)

home selling tips: If You Think NOW is a GREAT time to buy real estate, You're Right. If You Think NOW is a HORRIBLE time to buy real estate, You're Right TOO. - 03/17/09 03:04 PM
If you think NOW is a GREAT Time to Buy Real Estate, you are right! If you think NOW is a HORRIBLE Time to Buy Real Estate, you are RIGHT too!
I cannot convince you one way or the other. You just have to make the best decision for yourself.
Here are ALL the RIGHT Conditions:
Interest rates have been at an all time low.
I've seen interest rates as attractive as 4.75% for a 30-year note and 4.25% for a 15-year note on an A paper loan. Off and on, interest rates fluctuate up and down, but overall, we … (14 comments)

home selling tips: Staging Is Staging Is Staging Is Not Decorating - 03/16/09 12:24 AM
The good news is that staging has taken center stage, worked its way into known as an accepted concept for Home Selling in today's Buyer's market.
Staging has changing my business just like blogging did. I believe in this philosophy so much that I made it a business requirement of accepting listings to sell. Prior to understanding the concept, I thought that staging is decorating. Let me reiterate ... over 2 years later, of constantly repeating this concept over and over again in selling my Frisco TX homes, proving that staging works and staging sells homes faster,
STAGING IS STAGING IS … (21 comments)

home selling tips: Sellers, Please Remove Your Emotions From The Sale of Your Frisco TX Home - 02/22/09 02:53 PM
Sellers, please REMOVE "yourself" from the sale of your Frisco TX home. By that, I mean remove your EMOTIONS! Perhaps start packing them away into the storage unit along with your items.
As you remove your personal photographs, diplomas and special collectibles or expensive artwork, you are already beginning your process of "moving on". Moving on to the next chapter of your life. There is an old Chinese saying that "If the old doesn't leave, the new wouldn't come".

It's a fact that it's a buyer's market today and many Sellers make conscious choices of selling in this market. A good real … (14 comments)

home selling tips: Why Sellers Should Not Be Home When Buyers View Your Home - 02/11/09 01:10 PM
I typically advise my Seller clients not to be home when buyers view their house. Even on a short notice. Sometimes, the appointment is not relayed to the Sellers in time, buyers and their agents have been known to walk in on Sellers. My typical advice if this situation arise is, Thank the Buyers for coming, drop whatever you are doing, grab the keys and head out the door IMMEDIATELY. Jump in the car, go somewhere. Close the door behind you. Take a walk for a few minutes.

As a Seller, you really don't want to be at the house. … (12 comments)

home selling tips: Another Successful Sale and Sellers Moved On - 11/03/08 10:57 AM
It does take work, knowledge and experience to produce a sale in today's challenging market, both from the Realtor(R) and Sellers' sides of the equation. I am proud to share with you that another Seller have successfully sold their property and moved on with their lives. It took me years to slowly perfecting my systematic market approach to produce shorter and shorter days on the market for Sellers. This last sale, closed on Halloween 2008 took 12 days and that in itself was because it took several days to negotiate out multiple offers on the property and produce the highest and … (13 comments)

home selling tips: The Five Senses of Selling. How Prepared Are You? - 10/30/08 03:09 PM
See. Feel. Taste. Smell. Hear.
When a buyer makes a purchase, the person must first make an "emotional" decision. Besides the price, this purchase must first appeal to our five senses.
Sense of Sight: In order to prepare your house for sale, it will be advisable to keep your house colors neutral and clutter-free. It is best to keep color changes to
the minimum. Two or three at the most. Do not leave a bedroom pink, another blue and the master green. Worst still, if they are located right next to each other. Some potential buyers may view it as … (9 comments)

home selling tips: Sellers Fail To See - 10/22/08 03:06 PM
We are in a buyer's market today and every seller knows that. In order to be able to get a full market price for your property, the property has to be in top-notched conditions given the location is also top-notched. If you are thinking about selling your house and you think the market has you down, you might want to read my recent blog about Multiple Offers - yes at least for the areas I work in. No, it is not for foreclosure properties and no, I am not asking you to give your property away for pennies on the dollar … (13 comments)

home selling tips: Sellers Are The Ultimate Decision Makers of Their Sale - 10/13/08 01:44 PM
Are you thinking about selling your home? Does this housing market sends you chills just thinking about your intentions? Selling your home is a very huge decision that affects your entire family. During this time, you and your family will definitely be inconvenienced and you probably have to put your life on hold for a while - if you are serious in selling.
So what should your next few steps be?
You could interview one or two real estate experts in your area. Discuss your intentions and see what each person has to offer. Each of them will bring ideas and … (6 comments)

home selling tips: The First Three Weeks May Be The First Lifeline for Your Sale - 10/02/08 11:02 AM
The skill of pricing a home to sell is not art and neither is it subjective. It comes with proper research and market analysis of surrounding homes within the neighborhood, similar year built and similar features. Correctly-priced homes do not stay on the market long (especially here in the Frisco and northern suburbs area of the Dallas metroplex). Usually around 30 days no matter what your housing market looks like. Yes, I do mean it. If the property is on the market for over 60 days, it is a strong indication that it is overpriced based on its location and features.
(10 comments)

home selling tips: My secret to selling in 30 days when others took over 180! - 09/04/08 04:21 PM
It is not a secret that selling in today's market if you live in "most" of America will be a challenge. Some markets are tougher than others. I sold my rental property a year ago in yet another tough market - Norman, Oklahoma. But my objective was clear: to get this condo SOLD - once and for all and put it on a page of my history book. Like most sellers today, the odds against my success were high. I would not be telling the truth if I didn't mention that yes, I was a little fearful with my market and … (20 comments)

home selling tips: Do not lose focus while walking clients through difficult times - 08/11/08 10:36 AM
Patricia Harris of Celtic Realty in Dunedin, FL wrote about her blog about her sadness about her business flourishing when others around her are losing their homes. She and her agents are in business because of others' misfortunes - short sales and foreclosures. Patricia has a big and kind heart and she feels for her clients. We need more Realtors® like her.
We are in deed in a tougher economy now. Many people had lost their homes due to layoffs, perhaps over-bought in homes thinking that salaries will catch up to it, took on an adjustable rate mortgage thinking that they … (10 comments)

home selling tips: Why Have Your Home Not Sold in Panther Creek Estates Frisco? - 08/07/08 09:09 PM
You have done your due diligence. You have de-cluttered. You have brought in the curb appeal. You have done everything you could do to anticipate the sale of your home at Panther Creek Estates. It has been over 90 days with not much traffic. You wonder Why? Is the market "really" that bad?
Your incompetent agent says "Yes". Your heart sank. You are not sure how much longer you have to sit on the market until you sell it. Living in a house in showing condition has definitely been challenging for you and your family. Sometimes you wonder if you should … (2 comments)

home selling tips: Your Real Estate Agent In The Front Line - 08/05/08 07:22 AM
Broker Bryant's previous blog about Sellers sell for all sorts of reasons (Thanks to Broker Bryant, I've pasted the link he sent. If you havent read this, you need to) and one of my recent experience inspired to write this blog. Your role as your client's real estate agent has truly opened up doors to many exciting, fun, and sometimes sad, disappointing emotions of your clients. How true is that!
As Broker Bryant pointed out, most buyers buy in happy times, while sellers sell in both happy or sad situations. If you are open to share these good and not-so-good news … (4 comments)

home selling tips: Buyers & Sellers: Does Your Starting Price Point Matter? - 07/17/08 01:25 PM
Here is another day-to-day, yet very real scenario that happens to many of our buyers and sellers in the real estate market these days.
For Sellers:
It doesn't matter what your original listing price is - especially when you did not get it priced correctly in the first place. Sellers often "know" how much the house is worth - either based on a realtor's or appraiser's opinion of the market value. This number is typically a price "range", not a fix number. Again, because it is an opinion of value, it can vary.
Many times, in reality, Sellers "pad" this price … (6 comments)

home selling tips: Another Happy Frisco TX Home Seller sold ... and moved on - 07/16/08 10:41 AM
This a testimonial which I received a while back. I am taking this opportunity to describe how I view my job as a realtor very seriously and passionately. I hope that through this testimonial, you would see the person that I am. Thank you.
Well, to make the long story short, let their own words describe their experience:
"We needed to sell our house first, before we could purchase another. One tough task in this current housing market. And even in a Buyers market, both are a challenge. All I can say is, WoW! You far exceeded our expectations on both. … (3 comments)

home selling tips: Finally Someone With A Brain Commenting About the Real Estate Market - 07/15/08 11:11 AM
Finally someone with a brain...
I have been very tired about listening to the media for the past few months. Everywhere you turn, the media is painting the world is coming to an end. The media wants you to see that the sky is falling. But is it really?
I finally heard something clever on the radio recently. Of course, I would not expect this from anyone else except for Dave Ramsey - a financial guru who airs his radio show, "The Dave Ramsey show" every weekday from 1-4pm on many cities across the nation. This is what Dave Ramsey said,
(4 comments)

 
Loreena and Michael Yeo, Real Estate Agents (3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co.)

Loreena and Michael Yeo

Real Estate Agents

Prosper, TX

More about me…

3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co.

Address: 615 Creek View Drive, Prosper, TX, 75078

Office: (214) 783-2210

Mobile: (214) 783-2210


 
 
 


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