pexels-photo-886465.jpegAs we go into the time of year when the weather changes and thoughts turn to other things other than the cold and snow, we face new opportunities and endeavors. For the last three or four years, the nation has been enjoying the joys of low-interest rates and a relatively healthy real estate market. The market allowed for home buyers and owners the ability to buy and sell with great mortgage rates and excellent home prices.

From the start of 2017, the market began to take a path that those in the know didn’t really see coming. Suddenly the selling of resale homes started to decline.  What caused the turnaround and why did it progress especially since the buying population of clients did not seem to dissipate.

Suddenly many of the buyer clients finally had the money and the ability to take on a mortgage, but then there were less and fewer homes being placed on the market. This market trend has continued and even deepened in the first quarter of 2018!

When trying to locate properties for clients most Realtors are coming to the same outcome over and over.  The problem of low inventory of listed homes presents a problem for some home buyers and especially first time home buyers that interest rates are also creeping up.

Being in the real estate business for some time, I know that the market has its swings up and down and back and forth.  This time there is no clear reason for the changes and ebbs and tides.  What we do know is that some of those first-time buyers and even some of those that have bought long before could have problems with the rise of home prices and increase in interest rates. What can a client do? Contact your real estate professional and make a buying plan.  Knowing what you can purchase is the first step. Those thinking of selling need to speed up their program to market homes. Don’t sit on the sidelines now if you are seriously thinking of making a move.



Image  —  Posted: October 19, 2015 in Uncategorized

Happy and Safe 4th of July!

Posted: June 29, 2015 in Uncategorized

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Wishing everyone a fun filled July 4th 2015

What Company are you with?

Posted: June 18, 2015 in Uncategorized

If you are one of the 90% that will use the services of a Realtor or real estate agent, one of the first notable communications will be how these professionals work for you.  In my daily life I when I am asked what I do for a living, will tell folks that I am a “Real Estate Agent/Realtor”; this in most cases promote a response of “who do you work for?”

The answer comes in the form of one of the many real estate brokerages located in the area or in some cases a national company.  Realtors and real estate agents are actually an entity and business working under the umbrella of the broker.  With few exceptions the agents and Realtors are all independent business owners and contractors.  This means we handle all aspects of the business from the paperwork to the paying of taxes.

Running a real estate business consists of using your good name and integrity to develop relationships with buyers and sellers and earning the trust of each client that continues to mold the confidence of your clients to help you with referrals and their contacts to grow our business.

Hard work and constant communication is what makes a Realtor grow their business to a level that is what’s expected from the buying and selling public.  The next time you ask what real estate company do I work for? I will probably tell you that I work for myself!

Boise Downtown Sun And Fog

Posted: January 30, 2015 in Uncategorized
January 30th 2015 Boise Idaho

January 30th 2015 Boise Idaho

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As a customer of today’s real estate scene, you are probably under the impression that selling your home is a venture that you would like to take on yourself to save some money, when in fact the opposite is probably true.

The decision to sell your home is not to be taken lightly especially in the ever changing market trend.  What are the points to consider in making your choices?

First up, you need to weigh the time vs. energy that will be needed to get your house out in front of all the current buyers and lookers.  This means getting the house ready to show and make any repairs.

Next would be determining the price to value market price you want to advertise your home.  This is the tricky part of the current changing market.

Then is the actual home listing and waiting game.  Some of the obstacles would be making yourself available to physically be at your house in order to show it to prospective buyers.

For sale by owner has been done by home sellers since the beginning of time.  Some do a very good job and others probably should have left it up to the professionals.

Being a stealth agent may not be the best for you.  Make sure you have the time and resources to make the right moves.  In most cases it would probably be in the best interest of sellers as well as the buyers to sell and list through your friendly Realtor.  They know the new market and are doing all the moves on a regular basis.  Knowledge and experience is always a smart decision.

When considering selling your home, the point of attraction and many discussions will always be the price point or the listing ValueMyHomeprice.  There are many ways to come up with the price you choose to market and advertise your house.  There are automated web sites, there are Realtor websites, and there are appraisal services.

How do you know what your beautiful home is really worth when you have so many options to filter out?  The answer is probably real simple.  Using the services of a Realtor will never lead you down a path of property that is prices wrong for today’s market.  What does a Real estate agent do that is different than other options?  Here are some examples:

  • Experience of Sales – Your Realtor has a full time job of home price determination.
  • Using the automated information together with knowledge based history.
  • Have the tools to make a reasonable marketable sales price.

Selling a home that was built years before may not have the correct tax information including the square footage that many use to compute a home value.  Did you know that you can have your home appraised just to get the correct size?  Most of these appraisals will also provide a very professional drawing of your floor plan.  For a few extra dollars in the beginning you could add value to your home.

You can never go wrong using a Realtor to provide the marketing and knowledge to properly valuate your home for sale.