Overcoming The Market Condition.
The whole truth and nothing but the truth about buying or selling in a slow market. There are many misconceptions about the North texas real estate market currently. Let the Keller Williams Frisco Stars give you the strait scoop on the facts and what you need to know.
Misconception #1: It is tough to sell a home in todays real estate market. Fact: Last year alone, 162 thousand people relocated to the north Texas area and they all need somewhere to call home. Fact: A recent CNN article Ranked Dallas as one of the top 10 most undervalued real estate markets in the US. This means that homeowners get much more for their money and it drives the sales of homes explosively, year round in Dallas. Fact: High quality and updated properties still sell for a premium and in little time. Jack recently sold a quality home in 4 days.(see our testimonials) Fact: Yahoo Finance recently reported that Dallas was one of the best selling real estate markets in the country. With this said... The Keller Williams Frisco Stars will market your property with all available means. Fact: 80% of people view a home on the internet before buying, and our site is one of the most comprehensive web sites for North Texas real estate. We have a 30 Day Marketing Plan that gets REAL unparalleled results! The Keller Williams Frisco Stars's 30 Day Marketing Plan will help get you multiple offers and sell your home quickly for top dollar! Call Jack Williams today for a FREE Market Analysis and targeted Marketing Plan based on your specific goals at 214-325-5695.
Misconception #2: It is an unsure time to buy because of home values. Fact: Lower home prices allow customers to buy their dream home for an affordable price. Fact: Investors and bargain hunters are constantly looking to buy in a slower market. Every one loves a good deal on a great home! We have found amazing deals for many of our customers over the last few months. Let us go to work for you. The Keller Williams Frisco Stars also has a Lease Buy-Out Program and a Builder Move-up Program that will help you go from one home to another quickly and efficiently. Call the Keller Williams Frisco Stars while interest rates are still low!
DON'T FALL PREY TO THESE REAL ESTATE GIMMICKS!
“Your home sold in XX days or we’ll sell it for free!”
These listings typically force you to price your home below market price, yet charge 6-7% commission. The listing periods are often about 30 days longer than the guaranteed deadline (i.e. the listing agent only has 30 days of exposure to be required to sell it for free).
“Your home sold in XX days or we’ll buy it!”
These listings typically charge 6-7% and force you to price your home below market with scheduled price reductions between the list date and the guaranteed sale date. The Realtor buy out price is typically 80-85% of market price since the agent will deduct 6-7% commission, three months holding costs, repair costs, closing costs to acquire, closing costs when they sell it, etc. If you’re considering one of these Realtors, ask them to provide a closing statement from the last house they actually purchased from a seller. Most of these listing agents use this as a method to get a foot in your door.
“Up to $XX bonus when buying and/or selling through us.”
These bonus programs are based on the sale price of the house you sell or buy and are generally about 2% of the sale price. The listing commission (typically 6-7%) funds a type of investment vehicle that pays you a bonus three years after the closing date IF you have completed all the rebate paperwork in the allotted 5-7 days. Much like rebate programs on appliances, all your “T’s” must be crossed and “I’s” dotted perfectly. We offered this to our clients previously, but they indicated they would simply prefer a discount today.
At the Keller Williams Frisco Stars we don't use gimmicks. We use hard work, honesty, and integrity to make sure our customers get the BEST SERVICE.