Why an Online Presence is Vital When Choosing a Seller’s Agent

May 24th, 2013

Most realtors understand that, in order to attract the largest number of Highland Park buyers, they need to have an online presence, not many of them actually take the time to make sure this happens. Consider that nearly 8 out of 10 buyers head to the Internet when shopping for a home and it quickly becomes clear that if your realtor doesn’t have a strong online presence you could be missing out on fantastic opportunities. What you can’t do is trust what the agent tells you. Many agents claim to have a great online presence, but most of the fail at making it happen. In short, it is best to check yourself and do your own research when choosing a seller’s agent.

When choosing a seller’s agent to sell your home, one of the questions you should ask is: “What do you do to maintain a strong online presence?” If the agent can’t immediately list at least three ways he or she works to maintain an online dominance, then the agent probably isn’t for you.

A good agent should be able to prove his or her online presence by showing you:

  • A personal website – In addition to the real estate firm’s website, the agent should also have his or her own personal website where your property can be featured. That way, when buyers find your home, they can view it through the agent’s personal website. A property listing on a personal website often provides more information about the property and more photographs.
  • A strong social media presence – Agents communicate with other agents and with clients through social media. A Facebook page, for example, can allow your agent to get the word out about your property in a quick and efficient manner.
  • A presence on other websites and blogs – If your agent has a strong online presence, he or she will quickly be seen as an expert in the area. Because of this, more buyers and buyer’s agents will follow your agent online, thereby allowing your agent to get your property in front of many more buyers and buyers’ agent than through traditional marketing routes.

Why New Homes are Selling Fast

May 20th, 2013

The real estate market has taken an interesting turn in the last year or so. New homes are going up everywhere, while existing Coppell home sales, although certainly rebounding nicely from the effects of the recession, just aren’t selling like new homes. In fact, take a turn or two onto any Dallas suburb street and you will likely see new homes popping up around you. Here’s why:

  • Interest rates are low, low, low – Most homebuyers are now able to buy more home for their money, thanks to low interest rates and exciting and attractive home loan programs. In other words, the buying power of most home buyers has increased significantly.
  • New home prices are reasonable – Many home builders have shifted their strategy regarding new home building. Just a few years ago, builders were putting up million-dollar homes faster than ever, while today’s new home communities are much more affordable and understated. Most homes these days are smaller than their pre-recession counterparts, and the bells and whistles have also gotten less “blingy” and more utilitarian. That means that buyers can now better afford new homes. If a new home is $250,000, and an existing home is in the same price range, it only makes sense that most buyers will head to the nearest home builder.
  • New homes allow buyers to take control – Unlike an existing home that already has the previous owner’s stamp on it, a new home allows the buyer to create a home that’s perfectly them. From the kitchen countertops to the color of the carpeting and the style of the faucets, new homes provide buyers with the luxury of designing and building a home that their stamp on it; not the previous owner’s stamp.
  • New home construction loans are better than ever – If you have the credit and income to back up a new home construction loan, then lenders are ready and willing to work with you. Some of today’s construction loans provide buyers with the flexibility they need to build a home and live in another home without going broke, which, of course, is very attractive to most home buyers.

The Best Tips for De-Cluttering Before Selling your Home

May 9th, 2013

Buyers want to see a number of things when they walk through the door of a home for sale; but someone else’s clutter isn’t one of them. In order to show your home in its best light, and attract the largest number of buyers, you need to have a home that is free of clutter. Clutter can mean everything from stuffed closets to stacks of magazines in the corner of the living room. In short, anything that detracts from your University Park home and distracts your buyers is clutter. And it needs to go.

Here’s what you can do to rid your home for sale of clutter:

  • If you don’t need it or plan to use it within the next few months, it has to go. Extraneous items around the house serve no purpose and they likely just get in the way.
  • Knick knacks and other personal items can be packed away. Why not get a head start on packing by boxing up your personal items, such as knick knacks and family photos? Personal items often clutter up rooms and they don’t mean anything to buyers. In fact, they often do little but distract buyers and prevent them from envisioning themselves in your home. Clear the tabletops with your knick knacks and the walls with your family photos before selling and your buyers will thank you for it.
  • If your closets are packed, clear them out. A closet overflowing with items will immediately give the buyers the impression that there is not enough room in your home and certainly not enough storage in your home.
  • Get rid of the papers. Whether you enjoy keeping every back copy of the National Geographic or you have this week’s mail sitting on your countertop, papers instantly make a home feel cluttered. Hide away or (give away) all those magazines to make your home feel tidier and less cluttered.
  • Remove any excess furniture. There is no better way to make a home feel cluttered than to pack it full of furniture. Consider editing the furniture in your home by donating, selling, or storing unused or unnecessary furniture in a storage facility while you sell your home.

The Importance of Comps When Making an Offer

April 18th, 2013

Before you even consider making an offer on a Highland Park property, you must consider the comparables. If you have a good buyer’s agent by your side, your agent will likely begin pulling comps after you find a home on which you want to make an offer. Comps are simply research on the local market and the buying and selling activity in the area. Your agent will likely come to you with recent sales on homes that are similar to the one you want to purchase. Your agent will also show you additional information, including what the sales price on the sold homes were, and what they ultimately sold for. Your agent will also provide you with information on similar homes that are currently on the market, and what they are being sold for. Finally, your agent will provide you with additional information on the home in question, including whether the price has been dropped, how long it has been on the market, and (hopefully) the reason the homeowners are selling.

All of this information is then used to determine whether the asking price is fair. And, if it is not, where you can start your offer.

For many buyers, understanding the comps before making an offer provides them with the information they need to proceed with an offer and negotiations on the property in question. Here are a few reasons why you must always wait to make an offer until you have the comps to back it up:

  • Comps will allow you to better understand the value of the home and other homes in the neighborhood. If the home is priced at $200,000, yet similar homes in the area have sold for $180,000 in the past year, this information may give you the ammunition you need to come in at a lower price.
  • Comps can back up your offer. If the homeowner scoffs at your offer, for example, your agent can then simply show them the data backing up your offer. In other words, it is much easier to negotiate when you have done your homework and can present it to the sellers.

Strategies and Questions for Finding a Home Builder

April 6th, 2013

Do you really know what you want in a home builder? If you are considering a new Denton home, then you must consider your home building choices. For most people, building a home is one of the largest financial decisions they will ever make, so finding a builder they can trust is essential.

If you want to find the best home builder for your Denton custom home project, then it pays to know which questions to ask and what to look for:

  • Being your search by gathering recommendations from friends and family members. You may also want to contact your local builders’ association, as they can provide you with a comprehensive list of qualified and licensed professionals.
  • Once you have compiled a list of builders and looked into their home building process and reputation, you will want to set up interviews and take the time to talk to them about their home building process. Come to the interview with a pad and pencil and plenty of questions. Here are some questions you may consider asking a home builder:
    • How long have you been in business? How long have you been building homes in the area?
    • What are your professional qualifications?
    • Have you been recognized by the industry for your work?
    • Do you belong to any professional associations?
    • Are you licensed and insured? Can you provide me with copies of these documents?
    • Can you provide me with a list of references of people for whom you have recently built their homes?
    • Can you meet my deadline? What is the average timeline for home building?
    • Will you use subcontractors? Have you worked with your subs for a long time? Are your subs insured and licensed?
    • Will I be able to contact the project manager throughout the process with questions? Will there always be someone available should I have questions?
    • Can I see a sample copy of your contract?
    • Can I see your home warranty contract? What does your home warranty cover?
    • After the interviews, review your notes and consider whether the builder was well-versed in all areas of the home building business. Consider whether you developed a good rapport with the home builder, and whether the builder seemed to have a clear understanding what you are trying to achieve.
    • Once you have found a builder, it is best to ask an attorney to read over the contract before signing.

DFW’s Top 10 School Districts

April 2nd, 2013

Dallas-Fort Worth is, of course, known for its year-round mild weather, its abundant professional and career opportunities and its quality, affordable housing. But the benefits of living in the Dallas-Fort Worth area doesn’t end there. In fact, it’s school districts are some of the best in the state. Here is our list of the top Dallas-Fort Worth school districts (in no particular order):

  1. Argyle ISD – The Argyle ISD serves parts of northwest Flower Mound, as well as the Estates at Tour 18 and includes one elementary school, one intermediate school, a middle school and a high school. About 1,500 students in the Argyle, Bartonville, Denton and Flower Mound areas attend the Argyle ISD. The Argyle ISD received exemplary ratings from the Texas Education Center in the 2010-2011 school year.
  2. Carroll ISD – The Carroll ISD primarily serves Southlake, as well as most of the 16 subdivisions in northwest Grapevine, including Glenwyck Farms and Cannon Homsestead. Within the Carroll ISD are five elementary schools, three intermediate schools, two middle schools and two high schools. More than 8,000 students attend the schools of the Carroll ISD.
  3. Carrollton-Farmers Branch ISD – The Carrollton-Farmers Branch ISD is a large school system that operates 26 elementary schools, six middle schools, five high schools and four special programs centers. More than 26,000 students are served by the Carrollton-Farmers Branch ISD.
  4. Coppell ISD – The Coppell ISD operates nine elementary schools, three middle schools, two high schools and one special programs center. About 10,000 students attend schools in the Coppell ISD. Most of the students who attend Coppell ISD live in Coppell, Irving and Lewisville. Nine of the Coppell ISD schools were recognized by the Texas Education Agency in the 2010-2011 school year as being exemplary.
  5. Denton ISD – The Denton ISD serves the community of Lantana, as well as part of Bartonville, part of Copper Canyon and the western part of Double Oak. In addition, five communities in northwest Flower Mound are served by the Denton ISD. The Denton ISD operates 21 elementary schools, six middle schools, three high school and four special programs centers. More than 18,000 students attend the Denton ISD in the communities of Denton, Argyle, Bartonville, Copper Canyon, Corinth, Double Oak, Flower Mound, Lantana, Little Elm and Shady Shores. Eight of the schools within the Denton ISD received exemplary ratings in the 2010-2011 school year.
  6. Frisco ISD – The Frisco ISD operates 30 elementary schools, 12 middle schools, six high schools and one special programs center. More than 24,000 students attend the schools of Frisco ISD. During the 2010-2011 school year, the Texas Education Agency ranked the schools of the Frisco ISD as being exemplary.
  7. Grapevine-Colleyville ISD – The Grapevine-Colleyville ISD operates 11 elementary schools, four middle schools, and two high schools. More than 13,800 students attend the Grapevine-Colleyville ISD in the communities of Colleyville, Grapevine, Euless and Hurst. Ten of the schools within the Grapevine-Colleyville ISD received exemplary ratings from the Texas Education Agency in the 2010-2011 school year.
  8. Keller ISD – The Keller ISD serves most of Keller, including the subdivisions of  Clairemont, Remington Park and Westmont, as well as 20 subdivisions in Southlake. The Keller ISD operates 21 elementary schools, five intermediate schools, six middle schools and four high schools. More than 28,000 students attend the Keller ISD. Eleven schools in the Keller ISD received exemplary ratings during the 2010-2011 school year by the Texas Education Agency.
  9. Lewisville ISD – Highland Village and the majority of Flower Mound, Copper Canyon and Double Oak are served by the Lewisville ISD. Other smaller areas that are served by the Lewisville ISD include: Lakes on Legacy Drive, Stonebriar, Kings Gate, Kings Ridge, Prestonwood and Shoal Creek.
  10. Northwest ISD – The Northwest ISD serves Trophy Club, two subdivisions located in the west part of Flower Mound, three subdivisions of Keller and six subdivisions in the northwest section of Southlake. The Northwest ISD operates 14 elementary schools, four middle schools, two high schools and two special programs centers. More than 12,000 students attend the Northwest ISD. Six of the schools of Northwest ISD were ranked exemplary by the Texas Education Agency in the 2010-2011 school year.

McKinney’s Newest Development: Tucker Hill

March 20th, 2013

Southern Land Company has done it again with the beautiful community of Tucker Hill. Unlike other builders who tend to focus more on building homes and less on building communities, the Southern Land Company puts a great deal of thought and effort into making a community, not just another plan of homes. And the minute you step foot into Tucker Hill this becomes clear.

Tucker Hill, located in McKinney, has plenty going for it, and the premier McKinney location is just the beginning. Here are just a few of the reasons why Tucker Hill is sure to become McKinney’s next success story:

  • Tucker Hill enjoys a great location on the north side of U.S. 380, just north of Dallas, thereby providing professionals with an easy commute in and out of the city.
  • Tucker Hill is also ideally located near the cities of Plano and Frisco.
  • Tucker Hill is built around the concept of “new urbanism,” which means that it has a gorgeous, community feeling, including walking trails, open spaces and green preservation areas. There are also many mature trees sweeping through this community, thereby giving it a quiet, serene feeling.
  • There are plans to expand Tucker Hill to include a mixed-use town center, which will include an amenity center and a resort-style swimming pool for the residents.
  • Tucker Hills features a number of builders, thereby offering homeowners plenty of options for their homebuilding needs. The featured builders include: Darling Homes, David Weekly Homes, Flagstone Custom Homes and Tim Jackson Custom Homes.
  • Tucker Hill, like many of the other Southern Land communities, will enjoy a number of events for its residents, including outdoor concerts, spring and fall markets, movies, block parties, social organizations, and even exercise groups; all of which will be overseen by a full-time Activities Director.
  • All homes within Tucker Hill have “advanced infrastructure,” thereby allowing homeowners to enjoy the technical elements within their homes, including home theaters, sound systems and home networks.  All homes are high-speed Internet ready.
  • The Tucker Hill amenity center will include meeting spaces, a catering kitchen and a children’s play area, among others.
  • There are many areas of Tucker Hill that are focused on families, including stocked fishing ponds, playgrounds, parks and bike paths.

Dallas’ Hottest Neighborhoods at a Glance

March 12th, 2013

There are so many fantastic areas of Dallas, for so many reasons. Whether you want a quiet place where you can raise your family, or you are interested in an eclectic neighborhood where you can enjoy the best urban living that Dallas has to offer, one things for sure: Dallas is not short on fantastic neighborhoods. Here are a few of our favorites:

Uptown Dallas

What’s not to love about Uptown Dallas? This premier neighborhood of Dallas has everything going for it, including culture, nightlife and fantastic real estate. In fact, if you are looking for upscale condos or townhomes with the only the most impressive amenities and features, then Uptown Dallas is your place. Just some of the reasons why we love Uptown Dallas is because it’s super-easy to get around town; the beautiful Katy Trail winds itself around the neighborhood, thereby providing residents with an oasis of greenery; and it’s close by to a number of hot spots, including the Dallas Museum of Art, the Nasher Sculpture Center and the Meyerson Symphony Center.

Knox-Henderson

We love the Knox-Henderson area of the city, and we also feel like it’s the most underrated.  Located near Downtown Dallas, this area boasts beautiful Tudor and Craftsman bungalows, and there is loads of fantastic dining and shopping venues found here, as well. For location, it can’t be beat, and the real estate here is quite beautiful.

Park Cities

The Park Cities section of Dallas is likely the most well-known, and for good reason. Both University Park and Highland Park boast some of the most beautiful – and most expensive – homes in Dallas. The architecture found here, perhaps, is even more important to talk about than the expense of living here, because it is absolutely stunning. The Park Cities area has become the most highly sought after area for both professionals and families because of its enviable location near downtown Dallas and its highly acclaimed schools. The beautifully restored homes found here are often a century old, but the care and attention they have been given by devoted homeowners is evident just by driving through this area of Dallas.

Smart Questions to Ask your Realtor before Selling

March 8th, 2013

After you’ve found a great seller’s agent, there are a few questions you ask your agent. In particular, your agent should consider a number of factors in order to maximize your home’s value and ensure a relatively smooth transaction.

Some of the questions you may want to ask your agent include:

Is there anything I need to do to prepare my home for sale?

From updating the wall color to moving the furniture to create a better flow throughout the home, there are a number of things sellers can do to ensure their home is seen it its best light. Ask your realtor for advice regarding home improvements and modifications, and listen carefully, as your agent will likely have a deep understanding of what buyers in your market are looking for. It is important to remember that, many times, the smallest changes make the biggest difference in terms of home value and amount of time on the market.

In addition, ask your agent about accentuating certain features of your home or staging your home as to attract the largest number of buyers.

What is your opinion on open houses?

Some realtors swear by open houses, while others don’t see the value in them. If your realtor wants to hold an open house – either for buyers or realtors or both – ask him or her about possible dates and times. In addition, ask the realtor if he or she wants you to do anything in preparation for the open house, as to facilitate the process.

Are there any conditions or inclusions I should include with the sale of the home?

Your realtor may recommend including a number of things in the sale of your home to sweeten the deal and make your home stand out from the competition, so it’s always a good idea to have a discussion regarding inclusions, such as appliances, furniture or a home warranty. If there are any conditions attached to the sale of your home, now is also a good time to discuss this with your realtor so all information will be included in your home’s marketing materials.

The Irving Entertainment Center: A Sneak Peak into Irving’s Future

March 6th, 2013

If you want to get an idea where Irving is headed in the next few years, all you need to do it take a look at the upcoming Irving Entertainment Center. Although Las Colinas has been a boom for Irving, this city is further expanding its offerings, thereby making Las Colinas and the Irving area one to watch in the upcoming years.

Irving has recently launched a new website to keep its residents informed of the happenings regarding the Irving Entertainment Center: www.forirvingsfuture.com. The members of the Irving Entertainment Center want to provide updated information regarding the Irving Entertainment Center as the project progresses, as this project will have a “positive impact on the entire community.” It is expected that the Irving Entertainment Center is a part of the strategic plan to keep Irving competitive and to increase Irving property values.

In addition to updates through the Irving Entertainment Center through the new website, the developers are also including a complete economic  impact study that was written by two, noted economists. The study shows that the Irving Entertainment Center will lower property taxes throughout the community and therefore help the growth of Irving.

About the Irving Entertainment Center

The Irving Entertainment Center, which will be a part of the Irving Convention Center, is expected to provide a boost to the economy of Irving. For example, the construction of the Irving Convention Center is expected to generate $400 million in economic activity and create more than 2,700 jobs. It is also expected that, through the construction process, tax revenues will increase and reverse the decline in property values in the Las Colinas Urban Center.

Economists further note that the Irving Entertainment Center will generate more than $300 million a year and generate more than 4,000 jobs.  The Irving Entertainment Center will include a flexible stage theater, as well as 16 themed restaurants and a number of nightlife venues. All of this activity is expected to “enhance the attractiveness” of the Las Colinas Urban Center and make Las Colinas known as a fun place to live, work and  play.