Archive for the ‘Realtors’ Category

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Last week the 2012 Profile of Home Buyers and Sellers was release by the NAR.  The profile is the results of a survey the NAR conducts every year from recent home buyers and sellers.  As a real estate agent you will find this data exceptionally valuable.  You will learn about home buyers and sellers experience with the process, what their motivations were to make a move, how and where they found their agent.

Some of the key points are:

  • 39 percent of recent home buyers were first-time buyers, a slight rise from 2011, but closer to the historical norm of 40 percent.
  • 65 percent of recent home buyers were married couples—the highest share since 2001. Conversely there was the lowest share of single buyers since 2001.
  • For 52 percent of home buyers, the first step in the home-buying process was taken online.
  • The typical home buyer searched for 12 weeks and viewed 10 homes—a decline from 12 homes in prior year, which speaks to the tightened inventory in many areas.
  • 89 percent of buyers purchased their home through a real estate agent or broker, similar to last year’s report—a share that steadily increased from 69 percent in 2001.
  • 88 percent of sellers were assisted by a real estate agent when selling their home.
  • Only 9 percent of recent sellers sold via FSBO sale. Among FSBO sellers who did not know the buyer prior to the sale—20 percent sold via FSBO because the buyer directly contacted them.
  • Approximately two-thirds of home sellers only contacted one agent before selecting the one to assist with their home sale.

Full article from Realtor.org

Click here to view the highlight of the report

Fidelity Nation Title Market Condition Report Northeast Tarrant County

This is the new MCR report offered only by Fidelity National Title Company. If you would like to receive this report monthly please email me at zach.sams@fnf.com

This is a great new product that you must look at if you are a realtor.  This is a free and easy way to increase you SMO (Social Media Optimization) and SEO (Search Engine Optimization).  Call me if you have any questions and need help getting set up.

I am here to help you increase your business.  You can reach me at 817-527-1181 or zach.sams@fnf.com

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It is a pretty busy week for just 4 days.  We had the first of 3 demos on the new Fidelity Agent 2.0 Software today.  Everybody really liked the new look of the interface and the new customizable features that the system has.

The first iPAD for Listing Agents class is this week.  Up until now all of the iPAD classes have been focused on working with buyers.

Also the Five Star Conference is going on this week and we are showing agents a great new system to working with short sales.  If you are actively working short sales, have in the past, or say you never will again then you should talk to me, because you are costin yourself to much time and money.

 

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Call me, email me, Facebook me, Tweet me, Linkedin Me, Google + me, let’s talk about how you are going to make more money next year with Fidelity National Title.

DALLAS (Dallas Morning News) – The Dallas housing market has seen its largest boost in more than two years.

According to the latest index by S&P/Case-Shiller, the price of existing single-family homes in the Dallas area increased by 3.8 percent in May over the same month last year. It was one of the largest increases in the group’s comparison of 20 major U.S. housing markets.

Other markets showing year-over-year gains in May include Phoenix (11.5 percent) and Minneapolis (4.7 percent).

Dallas-area home prices remain about 6 percent below their peak in mid-2007. However, David Brown of Metrostudy Inc. believes shrinking supply and increased demand will continue to push prices upward.

Dallas is the only Texas city included in the Case-Shiller index.

http://activerain.com/blogsview/2924266/have-you-ever-heard-of-an-investor-open-house

The most significant thing we’ve learned in the past year about capturing and servicing the residential investor market is how easy it is. It turns out that most of the things that work to build a book of business of home buyers and sellers also work when you apply them to build a book of investor clients. Those tried-and-true methods that our industry has perfected over the years produce great results with investors. You don’t need to learn any new marketing and sales techniques, just apply your existing skills toward a new audience.

I am going to dedicate this space over the next few weeks to highlighting different methods and how they work. First up? The Investor Open House.

Is there anything more fundamental in our business than the Open House? Everyone has done them at some point in their career. Why? Because they work! Open Houses are a rejection-free way to meet new buyers. Many top producers don’t bother with them anymore, but I’ve never met anyone who denies that a good open house will attract visitors.

But have you ever heard of an Investor Open House?? Almost no one has until recently but they work like a charm

Investors like open houses just like home buyers do, and for the same reasons. No appointment necessary, just drop in and look around, leave whenever you want. Here are the three keys to make an Investor Open House work:

First, advertise it like this: “Investment Property Open House – Positive Cash Flow” (If you are not comfortable with calculating cash flow, we can help).

Second, the house must be presented as an investment and not a home. Think of it as merchandising. You need a new property flyer.

Third, create investment property flyers for 5 other listings and say “Would you like to see any of these?”

It’s that simple. Investors show up. They are delighted by what you hand them, and many are inclined to see more houses with you because you teased them with the report. This is the easiest way to create more transactions in this market.

Let me conclude by clarifying an important point – I want you to capture the best investor clients, not the “get rich quick”, “find me a foreclosure at half price!” types. If your experience with investors has been negative in the past, chances are it’s because you crossed paths with the wrong ones. There are people out there with realistic expectations, plenty of money, and a genuine need for help from a professional. Finding them is easier than your think. Stay tuned.

To learn more about the OwnAmerica training and tools, click here. We’d love to help you make money with with investors this year.

Great Video with Powerful information

DFW Home Construction Up 19 Percent

DALLAS (Dallas Business Journal) – New home construction is up in Dallas-Fort Worth, signaling a strong housing recovery in the area.

According to Residential Strategies Inc. the Metroplex had 4,538 housing starts during the second quarter, a 19 percent jump from the 3,804 starts during second quarter 2011.

Ted Wilson of Residential Strategies said the growth has been concentrated in the northern suburbs and in higher price brackets.

DFW real estate recovery may have legs this time | Mitchell Schnurman | Dallas Business,….