The Holidays have come and gone and you’ve zeroed in on a goal, a resolution. You’ve resolved to eat healthier, save more, spend less, exercise more or whatever. To accomplish goals and gain some momentum make small changes. For example, if you are going to save more, begin saving a little, consistently. Sudden changes that are too big are often unsustainable. Automate the financial ones, human beings are consistently inconsistent so automate the financial ones, cut costs. Health related goals, unlike financial ones, require a bit more stategy, I’ve found. Begin with 5 minutes of exercise a day and add a little gradually until you are doing 30-45 minutes of cardio per day. If the last time you did a push up was more than a year ago begin slow. An idea that’s a bit scary is finding someone to hold you accountable. An Accountability Partner is key to staying on track, I suggest you do some reaserch and find a AP… If you do these simple things, begin small, automate, and find an accountability partner you’ll increase the probability of achieving your 2010 goals.
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Keep your 2010 Resolutions…
Saturday, January 2nd, 2010Ann Arbor Board of Realtors November Housing Statistics
Monday, December 14th, 2009Based on information from the Ann Arbor Area Board of REALTORS® Multiple Listing Service for the period October 10, 2009 through November 11, 2009 November brought a significant increase in residential real estate sales activity, as first-time buyers rushed to take advantage of the tax credit that was scheduled to expire at the end of the month. While the tax credit has now been expanded and extended to April 30, 2010, the earlier deadline helped to spur a 48 percent increase in total sales for November over last year, unleashing a pent-up demand from a large pool of financially qualified renters who were able to become homeowners.
Read the rest of the story here.
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Get Homes Sold in Any Market
Friday, December 11th, 2009
Have you noticed homes sitting on the market lately and wondered why they are not sold?
Understanding ‘Pricing’ will aide in getting any home sold. (see graph to the left)
For most of us our natural bent when shopping for anything is to look for a value yet many sellers are still in the habit of pricing homes at Market Value.
In many cases, in a decending market, pricing at Market Value is the kiss of death.
Value-driven buyers simply overlook homes that are not true bargins.
To sell homes in this market consider ‘Pricing’ below Market Value. Doing so will draw ‘Value-driven’ buyers, reduce Time-On-The-Market and increase the probability ( due to increased competition) of selling the home at Market Value.
Do the Math: a mortage payment of 2000.00/month that doesn’t sell is a cost to the seller. So every month the home sets unsold 2000 is spent that could otherwise be invested in the next move.
In this market, pricing at Market Value isn’t smart ‘Pricing’ and it ultimately costs the seller in terms of time and money.
If you want droves of buyers to get excited about your home price it 10-12% below the average most recent sale and then market the daylights out of it prior to the first showing.
In my experience, proper ‘Pricing’ usually creates an auction effect resulting in several offers at or above list price even in down markets.
For more information on How to Get Homes Sold in any Market, contact me at: eric@team366.com.
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Want To Search the Entire Stock of Active Homes?
Tuesday, July 24th, 2007
One of the most powerful tools we offer our clients is direct access to the same database real estate professionals use to search nearly 10,000 properties in the greater Ann Arbor area. With email and other state-of-the-art technology, we at Team366 keep our buyers informed of current market activity and provide additional time-sensitive information that keeps our clients several steps ahead of the competition.
With nothing less than your financial future at stake, it’s critical that you stay abreast of current market trends and become extremely familiar with pricing.
To insure that our clients are well equipped with the right information, Team366 subscribes to Big House Data, the best source for relevant market data available today in the Ann Arbor area. We do this so that our clients are the most well-informed buyers in the market today. Because of our buyers’ knowledge of area real estate market trends, they are completely informed and ready to make timely decisions when the perfect home becomes available.
Additionally, Team366 is pleased to announce that we can now offer our clients the ability to MODIFY and SAVE searches on the multiple listing system. What this does for our buyers is allow them to receive as many or as few updates on new listings in any chosen area, at any price point or spread, with as many or few home features as they would like. This capability is HUGE and it provides our clients, a market advantage since great homes sell the quickest. Being the first one to know often times makes acquiring the property much easier. As my father says, ’The Early Bird Gets the Worm”.
If you, or anyone you know, is currently in the market, do yourself or them a favor and point them to Team366. We’ll be sure to provide the very best service available.
Equity Preservation: Our Goal for Our Clients
Saturday, July 7th, 2007Team366 members have often been asked by potential clients what separates us from other real estate Teams.
The answer is simple, we have 50 plus years of combined experience, 100’s of sales under our belt and a huge number of satisfied clients, all of whom are ready to refer us at a drop of a hat. (We affectionately refer to them as our “Raving Fans.”)
We’re client-focused and intentional in our approach to the market, gathering and analyzing data that may impact property values going forward so that the long term value of any home you buy through us is as secure as possible.
Team366 focuses heavily on “Equity Preservation” meaning that our primary objective is to make sure that you a re making a well-reasoned financial decision and of course, that you get the right home at the right price.
We pride ourselves on being on the “cutting edge” by staying on top of all relevant trends, technology, and market changes so that when we share our opinions, they are based on sound reasoning and good judgement.
Lastly, we sell more homes than most other agents in the area and this activity keeps us abreast of pricing and inventory. This is huge for our clients because our clients are more often than not the first to view new inventory.
Imagine that: a thousand Buyer’s Agents all working with buyers but many miss out on the best homes because our clients get there first!
Getting there first and either passing or pursuing is essential to finding a great property at the right price.
Call or email us today and let’s get started!
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