The sale of your home can be a highly emotionally charged event, even when the move is an anticipatory one. Finding THE RIGHT person to represent your interest is of utmost importance to make this transition as stress-free as possible.
Consider what your needs will be and find a professional who can meet those needs AND do a fantastic job for you.
Decide how much YOU want to participate in the process - including the details of getting the house ready for sale, hiring the painters, haulers, etc. Do you want to actually move prior to putting the house on the market or can you handle having the house shown to potential buyers while you are preparing for the move?
Things to consider when interviewing potential candidates:
Get referrals from friends/colleagues/advisors
Check their reputation within the community
Accessibility, Communication and listening skills
Experience - Years in business. Years in Community.
Attention to details and follow through
Willingness to spend the time YOU require to understand every aspect of contracts and the legal and technical issues involved
Honesty in presenting realistic prices
Knowledge of current real estate laws and requirements
Negotiation skills and Market Knowledge.
Technological skills and resources.
Call me at 602-561-7638; I will answer all these questions personally. Or if you prefer, fill out the Evaluation form with your questions and I will respond within 24 hours or less. Kiara
Seller’s Resources:
- Overview of the Buying & Selling Process
- Preparing Your Home Through The Eyes Of A Buyer
- Repair & Cleaning Checklist
- Possible Work Orders
- What To Do While Your House Is Being Shown
- Answers to Frequently Asked Questions
Market Analysis:
It is definitely a buyers market now. Interest rates are at an all-time-low, and the market is flooded is with homes. Now is the perfect time to find your dream home at a price worth smiling at.
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School Report:
School Report:-Academy Elementary: Recently remodeled, has a 12:1 student to
Academy Elementary: Recently remodeled, has a 12:1 student to teacher ratio, and is a recognized blue ribbon school of excellence
-Midtown Middle School: New desks, science lab, gym, and computers
Midtown Middle School: New desks, science lab, gym, and computers 20:1 student to teach ratio. Overall a good environment.
Moving Tips:
- Decide whether you want to use a professional mover or go with a rental service and move yourself.
- Make sure all your furniture will fit in your new home
- You may want to rent a disposal unit to discard clutter and make the move easier
- Develop a list of all those who need to know your new address and phone number
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September slow for home resales
Median price lower than last year's for 1st time in decade
Glen Creno
The Arizona Republic
Oct. 11, 12:00 AM
The Valley's resale housing market continued to slow in September as the market struggled to find a bottom.
The number of houses sold fell and, for the first time in a decade, the median price was down from the same time last year, according to the latest resale report by the Arizona Real Estate Center at Arizona State University Polytechnic.
Prices have bounced around from month to month as the market recovers from the buying frenzy fueled by investors and speculators. But it's the first time in 10 years that the price dropped when compared with the previous year.
The latest median resale home price in the Valley is $256,900. That's down from $263,000 in September of last year, according to the monthly report. The record of $267,000 was set in June.
While the overall median is down, there were enough neighborhoods with rising prices to let some cities post overall gains.
The price drop rattles one of the fundamental assumptions of Phoenix housing: Buy a home and it will probably be worth more next year. It's another reason for skittish buyers to stay on the sidelines.
"The problem gets to be what is the incentive to move into the market?" said Jay Butler, head of the real estate center.
It's also bad news for people who bought at the peak of the market who are finding their houses no longer are worth what they paid. People who need to sell now because of a relocation or other non-negotiable reasons could lose thousands of dollars on their housing investments.
"If you bought last year and you don't need to sell, bite the bullet and wait for the appreciation," said Diane Watson of Realty Executives in the northeast Valley. "But if you need to sell, buyers don't care. You have to be competitive."
Scottsdale residents Kyle and Jaci Olsen are seeing that phenomenon firsthand. They bought two investment homes in Scottsdale last year, and one has been on the market for 10 months. They paid $415,000 for it and dropped in $40,000 to $50,000 in renovations. Now, it's now listed for $435,000 after coming to market at $499,000.
"It's a nightmare," Kyle Olsen said. "It's priced really well. We've had a lot of lookers but no one is coming to the plate."
The couple will list the other house this weekend. Kyle Olson expects it to fare better because they spent $45,000 to completely remodel it, something they hope sets it apart from other resales that have had only the requisite touching up. They bought the house for $430,000 and will try to sell it for $529,000. They originally hoped to get $599,000. "That's how much the market has come down," Kyle Olsen said.
There were 4,875 existing homes sold in September, the lowest monthly total since February 2003 and down significantly from the 9,815 sales of September of last year.
But last year's price and sales numbers can be misleading since they represent the peak of a historic buying frenzy in the Phoenix housing market. Month-to-month comparisons might be a better measurement though September's total sales still are below the 5,685 recorded in August. The August median price was $262,500, also higher than September's figure.
It all adds up to a soft resale market where inventories are high and buyers are delaying decisions because they think prices will fall further. It's also difficult for them to sort through the houses for sale.
"There are way too many listings, way too many homes for buyers to see," said Bridgette Gavagan of West USA's Arrowhead office in Peoria. "It makes it hard for buyers to make a decision."
Analysts say one of Phoenix's chief housing problems, other than affordability, is the glut of new and resale homes on the market. Jim Sexton, the broker and owner of John Hall & Associates, expects the first quarter of next year to be strong as inventory falls and home-hunting winter visitors see that prices are down from last year's sticker-shock levels. He said there are plenty of condos for sale and sellers are offering incentives.
Sexton said it's pointless for sellers to obsess over last year's prices. They're not going to get them.
"Comparing to last year, you're setting yourself up to find a six-story building to jump from," he said. "You can't be too greedy."
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