east dallas real estate: The Truth.. Plain & Simple
- 04/06/11 09:41 AM
Pricing Misconceptions It is not only important, but IMPERATIVE to price your property properly - at competitive market value at the BEGINNING of the listing agreement. Historically, the FIRST offer is typically the BEST offer you will receive. And furthermore, here are six matters Buyers simply do not care about:
It is important to remember that the value of your property is determined by what a BUYER is willing to pay, and what a SELLER is willing to accept in today's market. Buyers make their pricing decision based on comparing your property to other properties that SOLD in your area. … (2 comments)
Short Sales - Increase the Odds of Closing with Experienced Professionals A short sale is when a homeowner is trying to sell the home "short" of foreclosure, and the term "short sale" is extremely misleading and, really, is anything but that! They take time and can be very frustrating. And, only a small number even close. According to an August 2010 article in Bankrate.com, 1 in 5 offers turn into short sale closings. 20%!?? With numbers like that, it makes you wonder why even bother?? But, for those who are patient and have their ducks in a row, a short sale, … (7 comments)
east dallas real estate: La La La La La - I can't hear you !!!!!
- 03/28/11 09:49 AM
I had a showing yesterday that I thought I would share. I'm sure this has happened to all of you, because I know it happens to me, well, not all the time, but definitely more often than I'd like. I had an appointment at 2:00 and I was trying to squeeze another appointment in at noon. I only had 2 houses to show in Richardson, TX (North Dallas) and knew that would allow me more than enough time to get back to East Dallas where my other appointment was. Well, little did I know, I was going to be on … (5 comments)
east dallas real estate: Where in the world are we??
- 03/28/11 08:43 AM
With no major developments in Japan or the Middle East and little economic data on the schedule, mortgage markets had one of their quietest weeks of the year. The only significant market moving news was an unexpected announcement from the Treasury on Monday, which pushed mortgage rates a little higher. For the rest of the week, mortgage rates barely changed. The Treasury announced on Monday that it will begin selling its remaining $142 billion in agency-guaranteed mortgage-backed securities (MBS) holdings. Beginning this month, the Treasury plans to sell up to $10 billion per month, as they wind down the emergency programs … (0 comments)
east dallas real estate: If you've never failed.. you will never succeed !!
- 03/24/11 10:01 AM
What is success to you and how do you acheive said success? In my opinion, success can really be anything. If you put your mind towards something and acheive the end result you had hoped for, that would be a success. Or, as the dictionary defines it, "the favorable or prosperous termination of attempts or endeavors." But there has to be a beginning point and then footsteps towards acheiving it, right!? To truly be successful in anything you do you must first determine what you're planning to do, decide the steps you will need to take, undergo pertinent, comprehensive training, and … (4 comments)
I know this industry can be a roller coaster in which when it's good, it's GREAT!!! and when it's bad, it can be really bad. But I think it's important to keep in mind why we're in Real Estate - why we get up every morning, work our rear-ends off for 12, 14, sometimes 20 hours, and at the end of the day, may or may not get paid. I personally love what I do!! I love the excitement of working hard for my clients and seeing the look of joy on their faces … (3 comments)
east dallas real estate: The Domino Effect
- 03/22/11 09:31 AM
World events overshadowed domestic news in driving mortgage rates this week. The disaster in Japan and the violence in the Middle East helped push mortgage rates a little lower. Stronger than expected US economic data had just a small impact.The current environment is rare in that unrelated events in different parts of the world are exerting such a strong influence on US mortgage rates. While global economic growth rates are always a significant factor, they generally shift at a gradual pace. What makes the disaster in Japan so unusual is that it produced a very abrupt decline in the economic outlook … (0 comments)
east dallas real estate: Some things should NEVER be left to LUCK !!!
- 03/17/11 05:17 AM
St. Patrick's Day is known for the luck of the Irish. Although luck can come in handy, when it comes to choosing your REALTOR, you don't want to base your decision on luck! Choose or refer a REALTOR who is in control of the process from start to finish, does his/her homework to truly know the market, has experience in negotiating the best deal possible for his/her clients, and is in great communication the whole way through. Wishing you a safe and happy St. Patrick's Day! … (4 comments)
east dallas real estate: Violence in the Middle East = Improvement in Interest Rates in the States!
- 03/14/11 10:49 AM
Concerns about the pace of global economic growth and continued violence in the Middle East helped mortgage rates improve this week. Very strong demand for this week's longer-term Treasury auctions was also favorable. As a result, mortgage rates moved lower during the week.The fighting in Libya continued this week, and violence spread to Saudi Arabia. Geopolitical tensions generally benefit bonds as investors seek out relatively safer assets. Unrest in oil-producing nations has the added impact of pushing oil prices higher. When consumers and businesses must spend more for energy, they have less money to spend on other items. This slows economic … (0 comments)
… (4 comments)
;)
;)
