Showing posts with label Market Your Home. Show all posts
Showing posts with label Market Your Home. Show all posts
Monday, October 28, 2013
Realtor open house
I'm inviting all real estate professionals to come to my progressive, realtor lunch this Friday at 11:30 a.m. There will be gift cards and lunch provided. Call me at 214-837-0010 to learn more about this even.
Tuesday, March 12, 2013
An unmatched and classically elegant home
|
Overview Maps Photos Video Market Stats |
|
|
Monday, February 27, 2012
10 Ways to Add Value To Your Home
Click the link below to access real estate radio and find out the 10 ways to Add Value To Your Home
Radio
Radio
Monday, February 6, 2012
Tuesday, August 30, 2011
Friday, May 7, 2010
Monday, November 9, 2009
Thursday, May 7, 2009
Wednesday, January 21, 2009
Monday, January 12, 2009
Local market from my perspective
From Thanksgiving to the end of January, the Real Estate Market has typically been very slow. This year is no exception.
Not to say that I haven't been selling, just selling a lot less than I normally do. The economy overall has been taking a pounding. Enough to shut down car manufacturers for short time periods which I never thought would happen.
When buyers are cautious about buying a sweater, television or even a car, can you imagine their thoughts about buying a house? We are all in this market together so I'm sure you understand where I'm coming from.
The good news for our market is #1. House prices in our market have not taken a beating. Are we down a little in value? Sure. But it is a slight correction and our home prices are stable and sound and have paved the way for #2. We have a strong job market. Business is moving out of high priced areas and coming to places where cost of living is much less. Dallas is the 3rd strongest market right now behind Seattle and Houston. #3. Business relocation will continue to bring new buyers into our market and builders have slowed with oversupply. This should start healing the balance between supply and demand.
Call me and lets talk your real estate needs through. Thanks JJ.
Not to say that I haven't been selling, just selling a lot less than I normally do. The economy overall has been taking a pounding. Enough to shut down car manufacturers for short time periods which I never thought would happen.
When buyers are cautious about buying a sweater, television or even a car, can you imagine their thoughts about buying a house? We are all in this market together so I'm sure you understand where I'm coming from.
The good news for our market is #1. House prices in our market have not taken a beating. Are we down a little in value? Sure. But it is a slight correction and our home prices are stable and sound and have paved the way for #2. We have a strong job market. Business is moving out of high priced areas and coming to places where cost of living is much less. Dallas is the 3rd strongest market right now behind Seattle and Houston. #3. Business relocation will continue to bring new buyers into our market and builders have slowed with oversupply. This should start healing the balance between supply and demand.
Call me and lets talk your real estate needs through. Thanks JJ.
Tuesday, January 6, 2009
Economic and Market Watch Report 2nd Quarter 2008
Click here to veiew the best numbers regarding our North Texas Real Estate Information System Economci and Market Watch Report for the 2nd Quarter for 2008.
If you should have questions regarding this important information, please feel free to call. Like every year, the market takes a slow down from Thanksgiving to the end of January.
If you should have questions regarding this important information, please feel free to call. Like every year, the market takes a slow down from Thanksgiving to the end of January.
Monday, December 22, 2008
CBS NEWS VIDEO
Mortgage meltdown to continue. Some areas are to be more affected than other areas.
CLICK HERE TO WATCH 60 MINUTE SPECIAL
CLICK HERE TO WATCH 60 MINUTE SPECIAL
Tuesday, December 16, 2008
Dallas housing market
Yes. Houses are still selling. Buyers are still buying. There is just a lot less of it happening in todays market. Like everything, ever market must shift. The excess in our housing market and the excess values (in some parts of the nation) have reared their heads.
The PRO is that the DFW market, while slow, is still one of the strongest in the nation. Why? With the tremendous burdens our nations businesses are facing, many of them are choosing to re-locate into the DFW area where the cost of living is one of the most affordable in the nation.
Call me and let's discuss your re-location needs or your need to up-size or down-size your housing.
The PRO is that the DFW market, while slow, is still one of the strongest in the nation. Why? With the tremendous burdens our nations businesses are facing, many of them are choosing to re-locate into the DFW area where the cost of living is one of the most affordable in the nation.
Call me and let's discuss your re-location needs or your need to up-size or down-size your housing.
Monday, August 11, 2008
Danger of buying a house FSBO....
What are the dangers of buying a house FSBO
-You'll probably overpay for the house without an agent
-The seller probably won't disclose what he legally needs to disclose and theres no one there to make him
-Comps for the area where you are buying figure in real estate commissions...
-Peronsality with FSBO get in way of negotiations in many instances
-Good Realtors can negotiate better terms for their buyer clients
-Buyin a house (scheduling inspections, escrow, managing process is a full time job etc.)
There are exceptions to these....however, consider, I just met with a couple that bought a FSBO 2 years ago....the seller never disclosed that the house had serious foundation problems....the buyer didn't know to look....did my listing presentation and told them they needed to have someone look at the foundation and the bill comes to over $12,000...long story short, they are going to get to save up for foundation repairs on a house that they overpaid for 2 years ago....
Same goes with people that go into the builder...a good agent who sees real estate EVERYDAY (not a friend who's trying to break in the business, or a gal in Sunday school that does it on the side) is worth their weight in commissions....BUT, you have to find a good agent...a buyers agent works on your behalf and owes you fiduciary responsibility throughought the transaction....
-You'll probably overpay for the house without an agent
-The seller probably won't disclose what he legally needs to disclose and theres no one there to make him
-Comps for the area where you are buying figure in real estate commissions...
-Peronsality with FSBO get in way of negotiations in many instances
-Good Realtors can negotiate better terms for their buyer clients
-Buyin a house (scheduling inspections, escrow, managing process is a full time job etc.)
There are exceptions to these....however, consider, I just met with a couple that bought a FSBO 2 years ago....the seller never disclosed that the house had serious foundation problems....the buyer didn't know to look....did my listing presentation and told them they needed to have someone look at the foundation and the bill comes to over $12,000...long story short, they are going to get to save up for foundation repairs on a house that they overpaid for 2 years ago....
Same goes with people that go into the builder...a good agent who sees real estate EVERYDAY (not a friend who's trying to break in the business, or a gal in Sunday school that does it on the side) is worth their weight in commissions....BUT, you have to find a good agent...a buyers agent works on your behalf and owes you fiduciary responsibility throughought the transaction....
Monday, July 28, 2008
The heat and your foundation
Wow. It is hot outside.
When the temperatures are this high, it is vital, that homeowners inspect and maintain their foundation on a daily basis.
The last couple of years were very wet summers. The previous summers were very hot. These wet summers sandwiched between hot summers are the perfect conidtion to create serious foundation problems.
Foundation repairs are the number one expense to home owners even beating out termite damage.
I have personally seen foundation issues cost a home seller in negotiations.
When the temperatures are this high, it is vital, that homeowners inspect and maintain their foundation on a daily basis.
The last couple of years were very wet summers. The previous summers were very hot. These wet summers sandwiched between hot summers are the perfect conidtion to create serious foundation problems.
Foundation repairs are the number one expense to home owners even beating out termite damage.
I have personally seen foundation issues cost a home seller in negotiations.
Saturday, June 21, 2008
Showing houses in the heat with children
The temperature is definatley starting to reach the tripple digits here in the DFW area. This can pose challenges for those that aren't used to looking at homes in the heat. I recomend looking in the mornings and lateevenings to avoid the heat stresses that accompany looking for a home.
If you have your house listed and have no electric in your home to run the a/c, you might as well mark your home as "UNSOLD". Buyers do not spend time in hot houses. No matter how great you think your home is, if it's not cool, the buyer has a perception that the house has cooling issues.
Also, if you have small children, try to find someone to watch them. When I was a kid, I would have hated being dragged around all day long looking at houses. It will help you, as a buyer, conentrate on your home search too!
If you have your house listed and have no electric in your home to run the a/c, you might as well mark your home as "UNSOLD". Buyers do not spend time in hot houses. No matter how great you think your home is, if it's not cool, the buyer has a perception that the house has cooling issues.
Also, if you have small children, try to find someone to watch them. When I was a kid, I would have hated being dragged around all day long looking at houses. It will help you, as a buyer, conentrate on your home search too!
Tuesday, June 3, 2008
Apartment locating
Just in case you didn't realize, the J.J. Chapa real estate team does offer free apartment locating. Just in case you are not ready to purchase but need a place to call home, use the www.JJChapa.com website to search for your new apartment home.
Who do you know that needs to buy/sell a home OR who needs an apartment home OR who needs a competitive insurance quote for auto/life/home/renters insurance. Turn to the professional who can manage all these needs for you.
Who do you know that needs to buy/sell a home OR who needs an apartment home OR who needs a competitive insurance quote for auto/life/home/renters insurance. Turn to the professional who can manage all these needs for you.
Monday, May 26, 2008
Happy Memorial Day
For those that have served, are serving and especially those that have given the ultimate price in the service of our great nation, I want to give my sincerest appreciation.
Thursday, March 27, 2008
Open house announcement
Please visit my open house at 3301 Heritage in Melissa.
Saturday March 29, 2008 from 12 to 3 p.m.
Saturday March 29, 2008 from 12 to 3 p.m.
Tuesday, March 11, 2008
Pricing your home
Pricing Your Home
When selling your home, one of the hardest things can be deciding on the price. You’ve called us in as experts to sell your home and to help you price it so it will sell. We’re truly dedicated to getting you the most money you can receive from that sale. In addition, we recognize there are many reasons you may already have a certain price in mind. You may be considering…
Your Original Purchase Price
Chances are you paid market value. However, markets change, and today we have to deal with the current market conditions. If you inherited the property and paid nothing for it, would you sell it for next to nothing? Of course not. You’d price it at fair market value and sell it for what the market will bear.
Improvements
Improvements should be made for enjoyment, not resale. You cannot add an item to a home, select it to your style, use it, then expect a buyer to pay the original cost. Likewise, maintenance preserves the value, but does not create value. If you needed a new roof, it was needed as a maintenance requirement and cannot be added to the market price of your home.
Your Need For Money
Your need for money or the fact that you’re moving to a more expensive area where you will have to pay more for a home has nothing to do with the home’s current market value.
The Cost to Rebuild Your Home Today
Construction cost does not take into account market value.
Your Personal Attachment to the Property
The factors above may influence the price in your mind, but as you can see, they really have nothing to do with what your home is actually worth in today’s market. Over the years, we have often heard these comments from sellers.
“Another agent said it was worth more.”
“People always offer less than the asking price.”
“The buyers can always make an offer.”
“My neighbor was able to get his price.”
“My house is better than these other homes.”
“We paid more than that for our home.”
“We just painted and added new carpet.”
“I need this much money for our next house.”
Although some of these comments may be true, they are not valid when deciding on the right price.
When selling your home, one of the hardest things can be deciding on the price. You’ve called us in as experts to sell your home and to help you price it so it will sell. We’re truly dedicated to getting you the most money you can receive from that sale. In addition, we recognize there are many reasons you may already have a certain price in mind. You may be considering…
Your Original Purchase Price
Chances are you paid market value. However, markets change, and today we have to deal with the current market conditions. If you inherited the property and paid nothing for it, would you sell it for next to nothing? Of course not. You’d price it at fair market value and sell it for what the market will bear.
Improvements
Improvements should be made for enjoyment, not resale. You cannot add an item to a home, select it to your style, use it, then expect a buyer to pay the original cost. Likewise, maintenance preserves the value, but does not create value. If you needed a new roof, it was needed as a maintenance requirement and cannot be added to the market price of your home.
Your Need For Money
Your need for money or the fact that you’re moving to a more expensive area where you will have to pay more for a home has nothing to do with the home’s current market value.
The Cost to Rebuild Your Home Today
Construction cost does not take into account market value.
Your Personal Attachment to the Property
The factors above may influence the price in your mind, but as you can see, they really have nothing to do with what your home is actually worth in today’s market. Over the years, we have often heard these comments from sellers.
“Another agent said it was worth more.”
“People always offer less than the asking price.”
“The buyers can always make an offer.”
“My neighbor was able to get his price.”
“My house is better than these other homes.”
“We paid more than that for our home.”
“We just painted and added new carpet.”
“I need this much money for our next house.”
Although some of these comments may be true, they are not valid when deciding on the right price.
Subscribe to:
Posts (Atom)
