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Money Recently saved for our home sellers = $45k!! How?

In the last 4 weeks, we’ve saved $15k and two sales for two Team Evolution home sellers.  How?  Here are their quick stories:

Picture a family of 4 with one on the way.  The kiddo’s are both still in diapers.  Mom and Dad had to move quickly and unexpectedly for a job transfer and had to sell their AZ residence as quickly as possible and for the most money possible for the move.  4 agents had visited the home before us and all 4 quoted at or around $5k for a “plumbing issue” while also horribly undervaluing the home (by at least $20k).  These agents lacked knowledge and vision.  Enter Team Evolution… once the family was moved our crews began cleanup, landscaping, and repair.  For less than $1,000 the home was sparkling clean and ready for its new buyers…at a price that was $30k higher than the lowest quote one of the other agents gave the family.  Oh and we found the buyer BEFORE the house even hit the MLS saving the family tons of time and money in holding costs.  The home closed 4 weeks later.  The family is now settled into their new home with an extra $35k in their pockets. 

 

Fast forward a few weeks to another set of Team Evolution sellers that just accepted a cash offer on their home on acreage (closing in two weeks).  The inspector had suggested a complete replacement or repair of the patio roof.  We received that request and were given the option to either remedy the situation or allow for an additional $10k off the price of the home.  Now, this home is only 8 years old and a complete replacement of the roof doesn’t really make sense nor would a repair cost anywhere near $10k.  We advised our sellers to remedy the situation.  The roofer charged them $800 all in.  Boom… we just saved $9,200 thanks to Team Evolution and their experience, expertise, and attention to detail! 

When choosing real estate representation, know who you are working with!  If you can’t confirm that there is experience, a consistent and successful track record, and plenty of knowledge under their belts…you may want to move on.  Oh and a complete construction crew at their fingertips is a must too! 

Where Did All the Houses Go? Monthly Market Update April 2015

Well, what have we here??  It looks like we gained 1,000 more listings this month than we gained last month and we sold 2,000 more than we sold last month.  That drops our inventory levels to 3.33 months.  We are on the brink of a strong sellers market if this continues.  The rule of supply and demand suggests this will cause price increases.  Our team has experienced a major increase in buyer activity.  The summer months approaching, looming interest rate increases, and the dwindling selection (and therefore increased prices) are the driving force behind the recent buyer activity that we are experiencing.  Attn BUYERS!  If you wait much longer you’ll pay more for less house and will have less to choose from.  Period.  Sellers, as we approach our busy season, get prepared.  Do not relax due to the increased market activity.  It will die down in July.  If you wait too long you may be picked over.

The Seller’s market is COMING!!

WHOA!  We are down nearly an entire month’s inventory since last month.  It’s happening faster this year than it did last year.  What’s happening you say?  The full fledged Seller’s market of course!  Buyers are out in droves right now due to the changes in lending, the low interest rates, and the reasonable home prices.  Good news for seller.  Buyers, secure your home now while you still have a selection!

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Time keeps on ticking, ticking, ticking…

With the mortgage interest rates as low as they are, the changes that the mortgage industry just announced (money savings for borrowers), and inventory levels that are at the highest they have been since  this time last year, it’s now time to buy.  If you are a buyer, don’t wait until our traditional busy season.  If you start now, you’ll be loving life in your new living room while the “late to the party” buyers are out scrambling for homes and out bidding each other.  It happens nearly every year.  Be ready for it this year!   And Sellers, don’t think your home is going to sit on the market just because inventory levels are a little high…they always are this time of year.  The buyers are out there NOW buying up the inventory.  As long as you are properly priced for your condition, you’ll get activity in this market!  Call or text 480.250.0023 with any market condition questions.

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