What's My Founders Pointe Home Worth? December 2014

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

What's My Founders Pointe Home Worth? December 2014

  • What's My Founders Pointe Home Worth? December 2014Properties currently Active on the market: 2
  • Single-family properties closed in December: 2
  • Average sales price: $319,200
  • Average list price: $329,900
  • Average sales price to list price ratio: 96.8%
  • Average days on the market: 87
  • Active listings under contract: 0
  • Founders Pointe absorption rate: 1 month of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months)

Founders Pointe is in an extreme seller's market right now. However, the list price to sales price ratio of 96.8% is low in comparison to the 98.6% for other Franklin TN homes priced between $300,000 to $400,000. The average days on the market are also high. This may suggest the homes were priced a little high when they came on the market.

Wondering what your Founders Pointe home is worth? Just click the photo below and you will receive your home valuation instantly. No more forms to fill out and then wait for a response. You receive the report in seconds.

What's My Founders Pointe Home Worth? December 2014

What's My Founders Pointe Home Worth? February 2016

  • What's My Founders Pointe Home Worth? February 2016Properties currently Active on the market: 0
  • Single-family properties closed in February: 2
  • Average sales price: $374,950
  • Average list price: $378,700
  • Average sales price to list price ratio: 99%
  • Average days on the market: 62
  • Founders Pointe absorption rate: 0 months of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months)

Founders Pointe is in an extreme seller's market right now. However, the list price to sales price ratio is excellent and the average days on the market are low given the new Truth-in-Lending procedures on residential home sales. This neighborhood needs an infusion of listings. Buyers love the proximity to historic, downtown Franklin and that it's zoned for Franklin High School.

Wondering what your Founders Pointe home is worth? Just click the photo below and you will receive your home valuation instantly. No more forms to fill out and then wait for a response. You receive the report in seconds.

What's My Founders Pointe Home Worth? February 2016

Founders Pointe is an ideal location for those who want to take advantage of the many offerings in historic, downtown Franklin. Buyers love this part of Franklin so preparing a home properly is a must. 

While the housing market is quite good right now, buyers have become more particular than ever. Making updates such as adding granite counter tops and stainless steel appliances can really set your Founders Pointe home apart which in turn increases what your home is worth.

A recent National Association of REALTORS® survey revealed 92% of buyers begin their home search on the internet. Properties heavily marketed there have a greater opportunity to be found by home buyers. This goes way beyond just syndicating your home from the MLS to national portal websites.

Because so many buyers are beginning their home search online, photography has become an important marketing tool for real estate agents. The best way to showcase your home is through the use of professional photography. It is by far the biggest bang for your buck.

Sellers should always ask their real estate agent, if professional photography will be used. If not, find an agent who will. Don't let an agent tell you because we're in a seller's market it isn't necessary. Guess what? No decent photos, no showings. 

Professional photography isn't the only requirement. The best way to bring attention to your Founders Pointe home is to have an agent who is using the newest technology to get the word out about your home. This includes the use of social media and blogging. Something not many listing agents in the Franklin housing market are doing.

We also create a single-property website. This site is used in all our social media and blog posts. It is optimized to be found in the search engines. This single-property website for 1349 Jewell Avenue, Franklin TN can still be found in the search engines. If you search this address on Google, you'll see this website pop up. That house sold last year and Google still shows it in the search engines. That's the type of coverage you want for your listing.

With the recent changes in the way our multiple listing service is sending out information to the national housing websites, it's important to have an agent who really has an understanding of aggressively marketing your home on the internet. Especially, if your home has a unique feature that buyers may be looking for. Having your home promoted all over the country is essential to a quick sale.

Buyers are searching for key features that your home may have. Unfortunately, the multiple listing services limits the information we can provide about your Franklin TN home. Blogging about your home's features brings that information directly to buyers in search of a home just like yours; no matter where they are in the country. Many of our clients who are from other states who found us from our internet content.

Not convinced that Franklin Homes Realty LLC leads the pack in internet dominance, let me Google that for you. As you can see our website, www.FranklinTNHomesforSaleOnline.com ranks in several places on the first page of Google. We are the only local real estate company to do that. The other spots are taken by national real estate sites and brokerages. This placement isn't due to ads. The only way to rank in these spots is by being recognized as an authority by Google for Franklin TN real estate.

Curious how we do this? When you get ready to sell your Founders Pointe home, contact Tammie White of Franklin Homes Realty LLC at (615) 495-0752 and we'd be happy to share how we can do this for you.

Posted by
Tammie White, Managing Broker/Owner
CLHMS, CRS, GRI, SFR
Franklin Homes Realty LLC
Franklin, TN
(615) 495-0752 
GET REAL. GET LOCAL.
 
This posting with the content written here and photographs displayed are the intellectual property and opinions of Tammie White of Franklin Homes Realty LLC. Any party who uses this material without the written permission of Tammie White is subject to copyright infringement and possible lawsuit.
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Topic:
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Tennessee Williamson County Franklin Founders Pointe
Groups:
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Advice for Sellers
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Rainmaker
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Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Tammie. Hope all is going well with your transition, I'm sure the waiting process is pretty tough, but the result will be well worth it.

Nice job with your report.

Jan 07, 2015 05:26 PM #1
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Any day now and you will be up and running. I remember how excited I was almost 25 years ago opening up. Then I was equally excited 10 years later going back to only selling and training. Wouldn't trade that time for anything. You will love the control.

Jan 07, 2015 10:38 PM #2
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Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Hi Tammie.  Wow only two homes on the market in Founders Pointe.  Hopefully sellers will get busy listing soon.

Jan 07, 2015 11:08 PM #3
Rainmaker
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Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

Tammie White ~ it looks like you have quite the sellers market going on right now. I hope more sellers hit the market and I hope they call on you so they sell their home best...

Jan 08, 2015 01:29 AM #4
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Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Joe - I'm chomping at the bit but I've got plenty to keep me busy.

Debbie - I don't really plan on having any agents under me. This was more a pre-emptive move because of changes to advertising regulations coming down the pipeline.

Belinda - We desperately need inventory.

Jon- That makes two of us.

Jan 08, 2015 01:44 AM #5
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Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

That first home is absolutely beautiful! Hope you are staying warm up there!

Jan 08, 2015 04:12 AM #6
Rainmaker
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Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Tammie, Your post is a very good market analysis and you threw in  getting ahome valuation. Good picture .. 

Jan 08, 2015 06:19 AM #7
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