Dallas Real Estate Blog

         I'm the type of Dallas Real Estate Agent and Dallas REALTOR® that tries my best to do it all.  I give you amazing Real Estate Services when buying and selling your home, keep you updated on all your Market Real Estate News, and I blog!  Yes, I said blog!  I spend countless hours searching the internet, news, and social media outlets to find some of the best information for you.  I also like to talk about what is going on in the Local Dallas Real Estate Market.  When dealing with home buyers and home sellers there is always a lot of first hand experience to talk about.  Every day is something new. 

        As a Top Dallas REALTOR® it's my job to keep everyone informed on everything that is going on in Dallas Real Estate!  Read some of my real estate blogs and contact me about any of your real estate needs.  Also, email me about any topics you would like for me to blog about.  I hope you find some good information that helps you on your real estate journey.  At Coldwell Banker Residential Brokerage Residential we can do it all!

Are Real Estate Companies Like Opendoor Hurting The Housing Market Or Helping?
By Alex
August 1, 2017

        I have been a Dallas Real Estate Agent for 3 years now.  In that time I have seen a lot.  Nothing is ever constant and in the blink of an eye the market can change.  One thing that stays the same is that I try to get as many listings as possible.  "More Listings" is the golden rule taught to all Real Estate Agents while they are in school.  Trying to get a listing is always challenging and is always my top priority.  Everyday I try to get a listing appointment with a home owner.  Thus, increasing my chances of becoming one of the best real estate agents in Dallas.  

        Lately, there has been a lot of buzz about companies like Opendoor who are trying to eliminate the need for a realtor when selling your home.  Instead they offer flat fees to homeowners and an "open house" type of policy to your home during the entire duration of the listing.  Sound great?!  Right!  Well the truth of it is that is looks very attractive.  It cuts out the need for a Realtor meaning that you have a sales team in charge of your home.  Consumers have to talk to somone in a sales q that is has your home information in a file.  They have never even been to the home before.  They are an hourly paid employee.  Also, they are not available to show the home to prospective buyers.  Instead they have an "opendoor" policy where they put a dead bolt on the home with a combo code...awesome.  So that means that anyone and I mean anyone can walk through your home.  It takes out the need once again for someone to be with a trusted and licensed Dallas Realtor when walking through your home.  It puts you and your family at risk.  The list goes on really about how horrible this company is.  

        Opendoor has doing a huge marketing campaign to try and sucker as many homeowners into using them.  It has created more competition for licensed Realtors when they are at a listing appointment and the seller is trying to decide between using you or a flat fee brokerage like Opendoor.  Really it is a no brainer.  with a Realtor you get professional service with photos, one on one interactions, daily updates, peace of mind during showings, customized marketing, and so much more.  Don't be fooled by and have an opendoor policy to your home.  Those are your valuables and your family that you are putting at risk.  You need a Realtor that will stand with you throughout the entire process.  Call me for all your buying and selling needs. 

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It Is A Hot Real Estate Market For Dallas Realtors! Home Values Are At Record Highs!
By Alex
August 3, 2017

        Attention Dallas Real Estate Agents!  Zillow.com has released its market reports for your local housing market and values are up 12.2%!  They are expected to go up another 5% within a year!  That is amazing.  Not to mention that the stock market hit an all time high yesterday at over 22,000!  The economy is booming and everyone is going to be able to cash in on it.  We truly are in a flourishing time right now.

        Real estate in Dallas has been some of the best in the United States for years now.  It grows on average 10% every year, but for 2017 it could almost double.  That means that real estate agents like me and others are about to get busier then ever.  Right now is the time for homeowners to be selling their home before the markets dips.  Statisticly the market will rise and peak.  Then there will be a dip.  It doesn't mean anything is wrong, but it is only natural.  So cashing in while you can is important.  It is also good for homeowners to sell because they can make money and still be able to find a good deal when buying a home.  All homeowners have to buy a home.  If you don't strike while the iron is hot then you will break even when selling and then buying.  Which isn't a bad thing, but everyone wants to make a small finacial return before values get too high on all playing fields.  

        It doesn's matter who you are.  The housing market is a huge part of life.  Even if you rent.  It dictates rents as well.  I love being a Dallas Real Estate Agent.  I work everyday the be one of the best.  Right now I am busier then ever.  I have won some and lost some.  Clients can be finicky at times.  Regardelss, I don't give up.  Call me for all your buying and selling needs.

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Lakewood Has Some Of The Hottest Million Dollar Listings In Dallas TX
By Alex
August 12, 2017

        Persistence in a virtue...or is it patience is a virtue?!  Regardless, selling a million dollar listing always requires both.  Anytime you cross that million dollar threshold it becomes a little more challenging for the Realtor at task to sell a home in that price point.  I mean...have you seen the most recent episode of Million Dollar Listing New York?  They have to jump through hoops sometimes to sell a luxury property.  It isn't all that different when selling a luxury home in Dallas.  The average home price in Dallas is a whoping $211,000.00.  However, our booming city has some of the best million dollar listings in Texas.  And yes they are Texas sized!  Can we say Million Dollar Listing Dallas?!  I think a new franchise is on it's way :)

        John Thompson is one of the Top Dallas Real Estate Agents selling luxury real estate all over Dallas.  His most recent listing is the breathtaking 6543 Ellsworth Avenue in Lakewood.  Lakewood is one of the most beloved neighborhoods in Dallas.  The schools have some of the best ratings, home values are high,  there is plenty of shopping, and homeowners are very involved in the community.  It is a fully renovated tudor style home with all the top notch finishes.  This 4,601 square foot home boasts 4 spacious bedrooms, 4.1 bathrooms, new hardwood floors, 3 car garage, and a huge yard.  It is priced at $1,189,000.  As soon as you walk through the door you are greeted with high ceilings and a staricase fit for a queen.  Actually, this listing looks like a mini tudor castle from the outside.  There is plenty or room for entertaining and to grow a family.  It is conveniently located by White Rock Lake for all your outdoor needs and close to the all the action that Dallas has to offer.  6543 Ellsworth Avenue will knock your socks off.  Is that an offer I smell...maybe. 

        Becoming one of the best real estate agents in Dallas takes time.  It takes many qualities to catch the eye of some of Dallas most elite homeowners in the highly sought after Lakewood neighborhood .  John is no stranger to million dollar listings.  He has been working his tail off to market this home.  A picture is worth a thousand words or in this case 1,189,000 words.  Lets help my buddy sell this home!  Call me for all your buying and selling needs.

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Dallas Real Estate Experts Say That Home Values Have Not Yet Peaked This Year!
By Alex
August 17, 2017

        Dallas Real Estate Experts and Top Dallas REALTORS have been working hard this summer.  They have some of the best first hand experience and knowledge of what is going on in the Dallas Real Estate Market.  Everyday they are pouring over the MLS searching for homes.  Also, they are out on the streets seeing homes in person.  Zillow.com and Realtor.com pull stats from tax records to create market reports, but are not working everyday in this beautiful city of ours.  So listening to an expert will give you the most current and up to date news rather then a large coorperation that has no idea what is happening in real time.  This is very important to be as accurate as possible when pricing homes.  

        I love being one of the Top Dallas Realtors at my brokerage.  That means that I have to stay up to date on what is going on with sold homes and comps.  The other day some of the top real estate experts at Coldwell Banker were going over numbers for home values throughout some of the top neighborhoods in Dallas.  Normally by now the market starts to slow a little as the summer comes to an end, but in facts the market is not slowing down.  The price per sqaure foot for homes are statrting to reach on average $302.00.  At the lower end for the average home without a lot of upgrades the price per square foot is closer to $277.00.  The most interesting part about this all is that the max price per square foot for sold comps in multiple parts of Dallas is hitting $316.00 a square foot!  This is amazing!  Home values are exploding.  History will tell us that soon they will start to level out.  In the mean time home owners need to list their homes before the market takes a dip and it becomes a buyers market.  In Dallas inventory is low so values are higher.  When the market shifts then it will be a whole other ball park.  

        I love working with some of the top experts in real estate.  I do my best to maintain excellent relationships with them so we can become more savy about what is going in the market.  It is my job to keep you updated.  Call me for all your buying and selling needs.

Tags: Dallas REALTORS, Top Dallas Realtors, Coldwell Banker Homes, Best Real Estate Agents In Dallas, Dallas Real Estate Agents, Top Real Estate Agents In Dallas, Dallas Real Estate, Gay Friendly Real Estate Agents In Dallas, Dallas Relocation Companies, Dallas Luxury Listings, Home Investing, Real Estate Careers, Highland Park House Flipping, Uptown Condos, Coldwell Banker Dallas, Homes For Sale In Lakewood, Real Estate Business Building, Home Staging Dallas, Dallas Rental Homes, Dallas Homes For Sale

Best Dallas TX Real Estate Agents and How To Price A Home Properly To Sell Fast!
By Alex
August 22, 2017

        Pricing a home to sell is one of the most exciting parts of getting a new listing.  Price is one of the most important parts of selling a home as well.  It doesn't matter if you are selling a "shack" that is going to be used for lot value or a million dollar listing in Highland Park.  If priced right then it will sell fast.  It's the market we are living in.  Coldwell Banker has done long analysis that show if a home doesn't have mutiple offers within 14 days of hitting the market then it is over priced.  I know this to be true, because homes that are priced right will have a bidding war within days of being listed. 

        Some of the best real estate agents in Dallas are coined with that term because of their ability to price and sell a home fast.  No one wants to be that REALTOR that has a home sit on the market for months with no activity.  It is a fine art of trying to price a home based on comps in the local area and also trying to price based on what your client wants.  Most home owners think that their home can sell for a lot more then it is worth and the truth of the fact is that buyers are more savy then before.  In the event that you are representing a new development and trying to set a new record for an area...then your job just got that much harder.  It can be done, but you have to think outside the box when marketing it and you have to listen to the market very well.  Homes that are priced too high will scare off people from the get go.  It won't even show up in their search when they go to look online.  Some agents will over price a home just to get the listing.  They will agree with whatever the seller says just to get the listing.  This is a disservice to all parties involed.  It will even hurt other Dallas Real Estate Agents trying to list a home near by.  They will have to listen to a home owner say, "well the home down the street is listed for..."  So it is a lose lose situation.  You have to set realistic expectations for a buyer and price it based on actual data.  Numbers don't lie.  

        There are many real estate agents in Dallas that are some of the best the city has to offer.  They get listing after listing.  However, it does not mean that they sell all of them.  And it doesn't mean that they are good at pricing homes.  I see some of the top real estate agents in Dallas with amazing listings.  Then I go to look at the price and they are selling way low then what the area is selling for.  This keeps the home owner from making the max profit when selling and makes the comps in the area low.  So then all the homes start to sell for less.  I love pricing a home.  I work non stop to try and provide data to justify a price.  I actually just met with a developer on a big project today and spent 5 days pulling data for them.  I hope I get the listings, and I hope we set new comps for the area.  The area is still up and coming so the prices are still up and coming.  I did my homework tho and feel confident that it will be priced well.  After all that is what makes me one of the best Real Estate Agents in Dallas.  Call me for all your buying and selling needs.

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