Dallas-Fort Worth Real Estate Podcast with The Good Home Team

What Does A-S-L Have To Do With Real Estate?

nick@goodshomes.com (Nick Good) — Wed, 16 Jun 2021 10:56:00 -0700

I’m sharing a bit about myself and my real estate experience.

I noticed that I’ve been sending you videos asking for your business, but I haven’t even properly introduced myself to you! Today I’d like to change that by dating myself a little bit. Remember the days of AOL Instant Messenger? Back then, A.S.L meant “age, sex, location,” so here’s my A.S.L:

My name is Nick Good, the team leader and owner of the Good Home Team with eXp Realty, and I’ve been in the business since 2005. I was born in Dallas but grew up in Plano, and I currently reside in McKinney, Texas, with my wife, two children, and a golden doodle.

Before I got into the real estate industry, I was delivering pizzas in college. At the time, my brother and I wanted to get involved in the real estate investment game, so when I saw a job posting for a real estate assistant, I applied and got the job. That job opened my eyes to the huge opportunity to become a Realtor, the kind of person who could help clients buy, sell, and invest in real estate.

" Let’s go back to the days of AOL Instant Messenger for a minute. "

Typically when people buy or sell real estate, they’re going through some kind of life event. That could be just being tired of throwing money away on rents; studies show that homeowners have 44 times the net worth that renters do. It could also be that people are getting married and want to start a family, meaning they’d need to upsize their house. The opposite could also be true, in the case of those whose children have moved out and they no longer need all the space in their home. That’s what we love about the real estate business—being able to help people through whatever situation they’re in at the time.

I just wanted to make sure that you all got to know me better before I ask for your business. If you or someone you know is thinking about buying or selling a home, please let us at the Good Home Team know. If you’re interested in learning about how to invest in real estate, we’d love to help you get started.

P.S.: We are currently hiring for real estate agents, so keep an eye on our blog for a video where we’ll explain our hiring process!

Effective & Cheap Home Security Products

nick@goodshomes.com (Nick Good) — Tue, 28 Jan 2020 09:10:00 -0800

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

About six months ago, a buddy of mine told my wife and me about Wyze, a company founded by people who used to work at Amazon. He said that they have great quality cameras for a fraction of the price of other brands: just $19.99. Since I’m a frugal sort of homeowner, I was naturally very interested to hear about Wyze security cameras.

To set them up, you only need three items: the camera itself, a mobile phone, and an internet connection. The camera we bought shoots video in 1080 full HD and has two-way audio, meaning you can both hear and talk through the camera. Along with the clear night vision feature, this makes the Wyze camera good for both indoor and outdoor use. Additionally, the camera has 14 days’ worth of free cloud recordings, so you can buy an SD card to record and save footage.

Wyze security cameras are compatible with both Amazon’s Alexa feature and Google Assistant, which makes automating your home much easier.

" With a 1080 HD resolution, night vision, and two-way audio, the Wyze cameras are good for both indoor and outdoor use. "

Wyze also has other affordable products like automated light bulbs that can be turned on and off according to a schedule you set for them or brightened/dimmed through your smartphone. The Wyze smart plugs can turn any plug-in device into a smart device that can be turned on and off with your phone as well.

Wyze front door locks are only $89, though we haven’t tested them yet. They’re not battery-operated; if you’re using them for exterior camera use, you’ll need a long USB cable to plug in somewhere inside the house. For just another $15, you can buy a weather-proof case to set it up outside without fear of the elements.

What sort of home security products do you use? I would love to hear about them. In the meantime, if you have any questions about buying or selling a home, don’t hesitate to reach out to us. We’d be glad to help you, no matter your real estate goals.

8 Steps to Prep For a Home Sale

nick@goodshomes.com (Nick Good) — Thu, 16 Jan 2020 12:53:00 -0800

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

It’s the beginning of a new year, and today I’m going to discuss how to prepare your home for sale. We get asked this question quite a bit: What do I need to do to get my home ready to sell? This is an excellent question, and I love to answer it. I’m breaking down a simple game plan so you’ll know what to do to get the most amount of money from your sale. This plan has helped many of our clients, and it can help you too.

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:

0:30: Introduction to today’s topic

1:05: #1- Interview top listing agents

2:25: #2- Fix any deferred maintenance

3:35: #3- Declutter

4:10: #4- Brighten up your home

4:55: #5- What to do if you have pets

5:35: #6- Budget to upgrade

6:15: #7- De-personalize

7:35: #8- Curb appeal—the first impression is key

8:45: Wrapping up today’s topic

If you’re considering buying, selling, or investing in real estate, we would love the opportunity to work with you. Call us and set up a no obligation consultation. Also, please reach out by phone or email if you have any questions. We would be glad to help.

Our 2019 Homeownership Survey Is Ready

nick@goodshomes.com (Nick Good) — Tue, 17 Dec 2019 13:31:00 -0800

We’re looking to do a quick study about what people in the Dallas-Fort Worth area think the future holds for their housing market, and you can help.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

Can you believe that 2019 is almost over? Now that another great year is wrapping up, I have a special request of you—one that could win you a $100 gift card.

First, as always, if you’re new to our channel, please hit that “subscribe channel” button for real estate news from the Dallas-Fort Worth market; we typically release one to two every week.

I’m excited to announce that we’re finishing up our 2019 Homeownership Survey. I’ve personally just tested it out and it takes less than a minute to do. It’s only six questions long. Once we get these results, we’ll share this Dallas-Fort Worth data with established real estate publications. Click here to take the survey!

The survey questions include things like, “Do you think home prices are going to go up in the next 12 months?” and “Are you thinking about selling your home or refinancing in the next 12 months?”

“

It’s only six questions long!

”

Since we appreciate your commitment to participating, we’ll enter you into a drawing for that $100 gift card.

Feel free to contact us and let us know if you’re thinking about buying or selling a home in 2020. It’s an election year, so we’ll have plenty of reasons to discuss where the real estate market and the rest of the economy are headed.

If you have any real estate questions, don’t hesitate to give me a call or send me an email. I’d love to help you any way I can.

What You Need to Know Before Buying or Building a Multi-Generational Home

nick@goodshomes.com (Nick Good) — Thu, 21 Nov 2019 11:27:00 -0800

Should you live in a multi-generational home? Let’s discuss.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

Multi-generational living has existed since the dawn of civilization, but this trend has only recently re-emerged here in the United States in the form of multi-generational properties. If you’re considering buying or building this kind of home, there are a few points to keep in mind before you do so.

Cited below for your convenience is an outline of our discussion, with timestamps so that you can skip ahead to the section(s) that interest you the most:

0:00 - Introducing today’s topic

0:55 - What multi-generational living is and why it has recently surged in popularity

2:09 - Is it better to buy a multi-generational home or to build one?

2:44 - The most significant factor many multi-generational buyers look for: size

3:35 - The second most significant factor many multi-generational buyers look for: privacy

6:04 - A few common challenges of multi-generational living

7:13 - Wrapping things up and explaining how we can help you find a multi-generational home

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

Why You Should Sell During the Holiday Season

nick@goodshomes.com (Nick Good) — Tue, 15 Oct 2019 12:54:00 -0700

Contrary to popular belief, the holidays are a great time to sell your home. Here are six reasons why.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

The holiday season is quickly approaching, and many would-be home sellers in our area have been asking whether there’s still time to sell in 2019. A lot of these people believe that their chance has passed and that selling during the holidays is not a good move.

Actually, though, selling during the later months of the year can bring incredible results. Did you know that December tends to be the third-best time of year for home sellers in our area to put their properties on the market? It’s true, and today I’ll be sharing six key reasons that selling over the holidays is such a good idea:

1. Buyers who look at homes during the holidays are very serious. Very few “tire-kickers” turn up during the holiday season.

2. There are fewer competing homes on the market during the holidays. Many sellers fall for the common myth that you shouldn’t list at this time of year, so those who do choose to list can benefit from this decreased competition.

3. Supply is low, which means demand is high. Buyers are much more willing to pay top dollar when there are fewer available homes on the market.

Tasteful touches of holiday decor can really make a difference in how buyers see your home.

4. You can strategically restrict showings around your schedule. The holidays are a busy time of year, but sellers should be aware that they have the option to schedule showings around whatever parties, gatherings, or activities they have going on.

5. Buyers have more time to look at home. Many buyers get off work for the holidays, which gives them a larger window of time to look at your home.

6. Holiday decor helps homes show better. There’s nothing like the holidays to make people feel sentimental, so tasteful touches of holiday decor can really make a difference in how buyers see your home.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

We Hope You Enjoyed Our Back-to-School Movie Event

nick@goodshomes.com (Nick Good) — Mon, 26 Aug 2019 08:08:00 -0700

We had a great time at our Back-to-School Movie Event, and we hope you did too.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

Our Back-to-School Movie Event was an absolute blast, and it wouldn’t have been the same without you. We appreciate you coming out and helping make this event such a great time, and we hope you enjoyed yourself as much as we did. Without your continued support, the Good Home Team wouldn’t be where it is today. So for that, we thank you. We’d also like to thank our great sponsors, who made this event possible. We truly appreciate Lawyers Title, Capital Title, Align Foundation, and Crest Exteriors, as well as Michael DeBacker with The CORE Team at USA Mortgage. We look forward to more fun times with all of you in the future. If you missed this event, don’t worry: There will be plenty of other great opportunities in the future. As always, if you have any questions about real estate, upcoming events, or anything else going on in our community, please reach out to us. We look forward to hearing from you soon.

What Does the Fed Rate Cut Mean for You?

nick@goodshomes.com (Nick Good) — Tue, 6 Aug 2019 13:18:00 -0700

The Federal Reserve has done something they haven’t since the recession of 2008. Here’s what you need to know.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

The Federal Reserve just announced that they would cut the key interest rate for the first time since the recession of 2008. What does that mean for homebuyers and home sellers? That’s what I’m going to explain today.

Right now, this news doesn’t mean that much for anyone. We won’t actually see an immediate decrease in rates like consumers think. A lot of times, the mortgage industry is already prepared for what the Fed is going to do and has been lowering their rates to get ahead of it. We’re starting to see the economy slow down a tad now.

For homebuyers, this is the perfect time to get into a new house. Rates are at two-to-three-year lows. Our mortgage professionals are predicting a slight increase in rates throughout this year and into next.

For home sellers, you should know we have seen a 2.2% increase in inventory through the end of June in Collin County. This is your competition. The more homes on the market, the more choice buyers have and the more aggressive they’ll be with their offers.

Days on market have increased by 25.6%.

Days on market, meanwhile, have drastically increased to 54 days, a 25.6% increase. We have already exhausted a lot of our pent-up buyer demand. Homeowners were pricing their homes at top-level pricing and that’s just not the case today. At the same time, our average sale price continues to increase steadily.

The number that I track the most is the month’s supply of homes for sale. We saw this number increase by 12.5% to 3.6 months. If no other homes came on the market, this means it would take about three-and-a-half months to sell all the homes we have here in Collin County.

We’re still in a seller’s market, but you need to be careful with your pricing. It’s better to price right at the beginning than to price too high and have to come down. You’ll get more money with the first option.

If you have any questions for me about buying or selling a home, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.

How to Hire a High-Quality Realtor

nick@goodshomes.com (Nick Good) — Mon, 24 Jun 2019 10:40:00 -0700

What does it take to find the right agent for your real estate experience? Today we’ll share a five-step guide on how to hire the right Realtor.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

What’s the best way to find (and hire) a high-quality Realtor? Actually, it’s simple. All you need to do is follow these five tips:

1. Check out their online reviews. Any agent can tell you they’re great, but reviews don’t lie. Reviews allow you to see feedback from people who have worked with a given Realtor or team in the past. This can offer valuable insight into what your experience would be like if you chose to hire them.

2. “Stalk” them online. Visiting an agent’s social media pages will help you see how this person conducts themselves, in general.

3. Find out if they’re tech-savvy. Unfortunately, not too many agents barely know how to work their cell phones, let alone leverage the latest real estate technology. So check out their website, read their reviews, and study any other materials they’ve made available for signs of their technological competency.

4. Ask for proof of their track record. If an agent tells you they’ve sold a certain number of homes in the past 12 months, for instance, ask them to prove it. According to the National Association of Realtors, the average real estate agent sells 11 houses or fewer in a given year. Here on the Good Team, we sell well over 200, and we’d be happy to prove it to you.

5. Ask how they plan to market your home. The right agent is one who will be proactive, rather than simply placing a sign in your yard and praying that your property sells. They must have systems and strategies in place to expose as many buyers as possible to your home.

Any agent can tell you they’re great, but reviews don’t lie.

If you have any other questions, would like more information, or are curious about how we can serve your real estate needs, feel free to give us a call or send us an email. We look forward to hearing from you soon.

You Don’t Have to Work With an iBuyer to Sell Your Home Fast

nick@goodshomes.com (Nick Good) — Wed, 29 May 2019 10:47:00 -0700

iBuyer companies have become increasingly common in our market, but this supposedly convenient way to sell is actually more trouble than it's worth.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

You’ve probably heard of companies like Opendoor and Offerpad, which claim to offer a fast and convenient alternative to the traditional home selling experience. However, is working with one of these “iBuyer” companies really the best way to go about selling your property?

Actually, there are some significant drawbacks to this arrangement.

One of the most obvious disadvantages is that you’ll earn less for your home. These companies use automatic valuation tools, like the one behind Zillow’s highly inaccurate Zestimate feature, to determine the price they’ll pay for your home. Usually, this figure is between 10% and 20% below your home’s fair market value.

So why would anyone work with an iBuyer? Well, in fairness, selling outright to one of these companies can be a more expedient option than listing on the open market. Sellers in urgent need of a fast sale may look to iBuyers as a convenient solution.

At the end of the day, iBuyer companies are nothing more than glorified house flippers.

”

This sounds great in theory, but there is a catch. Even if an iBuyer’s initial offer seems reasonable at first, you’ll find that they compensate for this by charging a 6% to 13% “convenience” fee. In other words, not only do iBuyers offer less than you could earn by listing with an agent, they also charge more than a typical Realtor’s commission.

To give you an example, take the story of one of my past clients. This client had a home worth approximately $325,000. The iBuyer company they were thinking of working with came in with an initial offer of $318,000, which, at first, my client was thrilled about. It was only when they noticed the fine print in their contract that they learned this is not the figure they would ultimately earn. Not only was the iBuyer going to charge them a 7.5% convenience fee, but they were also going to knock the price down based on issues found in the home inspection. When all was said and done, this would have amounted to a $33,000 reduction from the initial offer price.

At the end of the day, iBuyer companies are nothing more than glorified house flippers. If you truly want a fast, convenient deal, then reach out to my team and me about our guaranteed home sale program. Essentially, we guarantee we’ll sell your home in 39 days or less, or we’ll buy your property ourselves.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

What Upgrades Will Bring the Most Value to Your Home?

nick@goodshomes.com (Nick Good) — Mon, 13 May 2019 07:55:00 -0700

Before selling your home, it might be necessary to make a few improvements. Here’s where you should be spending your money.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

I recently sat down to answer a few common questions I’ve been hearing as we head into the busy season of the year.

We’re really seeing buyer demand pick up in the last few weeks, especially in the first-time buyer market. We’re also getting a lot of feedback from our buyers that they really prefer a move-in ready home and they’re willing to wait even if they can’t find one right away.

Because of that, we wanted to go through a few ideas for updating your home if you’re thinking of selling it soon.

The first thing that works well is bringing more light in. You can do this through lightening up the paint colors of your walls and ceilings, cleaning your windows, and throwing open the drapes.

Buyers also want to see updated kitchens. New counters, backsplash, and stainless steel appliances are also worthy of your consideration. Just one new stainless steel appliance in the kitchen can do the trick.

Buyers want uniform flooring.

”

As far as the bathroom is concerned, you should probably make some updates there too. Changing out the vanity is a good idea, as is modernizing the light fixtures and mirrors. A simple wood-framed mirror can work wonders. A frameless glass shower is also considered an upgrade over the standard bath and shower. Buyers really want the upgraded bathroom look.

Having one style of flooring throughout the home is also huge. Buyers don’t like having different floorings in each room. They want more of a uniform look. Either hardwood floor throughout, or hardwood and carpet just in the bedrooms.

Finally, spend some time on your curb appeal. Trim those bushes, replace any faulty door knockers or handles, and repaint and recaulk around the windows in your home. Having great curb appeal gives buyers greater confidence that the home is taken care of.

If you have any questions for me in the meantime about preparing your home for sale or about anything else related to real estate, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.

Spring Real Estate Market Update for Dallas

nick@goodshomes.com (Nick Good) — Mon, 1 Apr 2019 07:41:00 -0700

What’s the latest news in our Dallas area market? Let’s take a look today.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

In today’s Facebook Live interview, I’ll be going over the latest numbers and stats in our Dallas real estate market.

For your convenience, I’ve included timestamps of today’s market update. Feel free to navigate to the section(s) you’re most interested in viewing:

00:27 — What’s going on in the market currently?
01:33 — How are inventory levels?
02:20 — What does increasing inventory mean for you?
03:27 — The trends I see that aren’t being reflected in the numbers
05:23 — How to contact me
06:31 — How to get housing reports for your area

If you have any questions or would like more information, feel free to reach out to me. I look forward to hearing from you soon.

How to Net the Most Possible on Your Home Sale

nick@goodshomes.com (Nick Good) — Mon, 18 Mar 2019 13:59:00 -0700

How can you make the most money from your home sale? Here’s what I recommend.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

Now that the spring selling season is at our door, a lot of sellers have been reaching out to me to find out how they can net the most on their upcoming home sales. Today I’ll be giving you an in-depth look at what you’ll need to do in order to have a show-ready home that will sell for top dollar in our market.

For your convenience, I’ve included timestamps of today’s conversation. Feel free to navigate to the section(s) you’re most interested in viewing:

00:05— An introduction to today’s topic
00:53— Homes need to be presentable
01:25— Marketing needs to be done differently
02:22— How our new partner can renovate and update your home
03:45— Which option is best for sellers with out-of-date homes?
06:04— How to find out what works best for you
07:00— How to contact me

If you have any questions or would like more information, feel free to reach out to me. I look forward to hearing from you soon.

Check Out This Q&A to Learn What’s Happening Now in Our Market

nick@goodshomes.com (Nick Good) — Fri, 1 Mar 2019 13:38:00 -0800

In a recent interview, I covered a few important questions about the state of our market. I’d like to share this full conversation with you today.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

Now that 2019 is well underway, it’s time to review some market trends we’ve observed so far. I recently sat down for an interview on the subject, and I’m excited to share the full conversation with you today.

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:

0:24 — How is the market right now in general?

1:42 — What are some strategies sellers can use to sell quickly and for top dollar?

4:48 — What’s on the horizon for our Dallas area market?

6:12 — How does today’s market compare to a typical one?

6:42 — How to contact the Good Home Team

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

The Ins and Outs of Buying a Brand-New Home

nick@goodshomes.com (Nick Good) — Mon, 18 Feb 2019 07:32:00 -0800

Buying a new home comes with a new set of challenges that you won’t see with a pre-owned property. Here’s some advice on what you need to look out for.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

I recently sat down on Facebook Live for a great interview about home buying—specifically, new construction home buying. I answered some commonly asked questions about the process, gave tips, and more. Here’s an outline of the discussion, with timestamps so that you can skip around to the topic(s) that interest you the most:

0:40- How buying a new home is different from buying a pre-owned home.
1:15- Is hiring a real estate agent necessary for a buyer?
2:20- The different new home options for buyers and how to negotiate with the listing agent.
3:30- Will new home construction be affected by the recent market slowdown?
5:15- Working with a builder versus working with a homeowner.
6:30- Some more benefits of buying a new home with an experienced agent.

If you have any questions for me in the meantime about this topic or about anything else related to real estate, don’t hesitate to reach out and give us a call or send us an email today. We look forward to hearing from you.

How to Sell Your Home in the Spring

nick@goodshomes.com (Nick Good) — Tue, 5 Feb 2019 13:47:00 -0800

Will you be ready for the spring selling frenzy? Here’s how to best prepare.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

Spring is just around the corner, and it’s historically the most active time of the year for home sales. Therefore, the time to prepare is now. If you don’t know where to begin, don’t worry—we have you covered. Today we’ll be sharing the best ways to ensure your home is ready to sell for top dollar this spring.

For your convenience, we’ve included timestamps of our conversation. Feel free to navigate to the section(s) you’re interested in viewing:

00:06— Introduction to today’s topic: how to sell in spring
00:55— Selling in winter versus selling in spring
01:26— Information about our upcoming Date Night event
02:30— What you should be doing right now to prepare for a spring listing
04:13— Should you sell first and then buy your next home, or buy first and then sell?
07:01— Strategies and steps for buying/selling this spring
08:27— How to reach out to the Good Home Team
09:20— A recap on the upcoming Date Night event on February 12
10:13— Conclusion to our conversation

If you’re looking to buy or sell this spring, have any questions, or need further information, feel free to call 972-215-7653, email Nick@GoodsHomes.com, or visit our website at TheGoodHomeTeam.com. In the meantime, we look forward to hearing from you soon.

A Market Update and a Preview for the Rest of 2019

nick@goodshomes.com (Nick Good) — Tue, 22 Jan 2019 10:45:00 -0800

Whether you’re a buyer or a seller, here’s what you need to know about our 2019 market.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

What’s in store for our Dallas real estate market in 2019? I answered this question and more in my latest Facebook Live interview.

For your convenience, I’ve provided timestamps of the video above so you can skip ahead to the sections(s) that interest you the most:

0:41—Emerging trends in our 2019 market
1:52—Where inventory is at now and where it’s predicted to go in the coming months
2:54—What an increase in interest rates would mean for buyers and sellers
4:07—Key takeaways from 2018
6:16—My advice for buyers and sellers entering the market in 2019

If you have any more questions about what to expect from our 2019 market or you’re thinking of buying or selling a home soon, don’t hesitate to reach out to me. My team and I would love to help you.

Why the Holiday Season Is Actually a Great Time to Buy or Sell

nick@goodshomes.com (Nick Good) — Mon, 26 Nov 2018 10:21:00 -0800

What makes buying or selling during the holidays a surprisingly good idea? Let’s find out.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

Buying or selling a home may not be the first thing that comes to mind when you think about the holiday season, but did you know that the later months of the year can be a great time to accomplish your real estate goals?

Actually, our team has noticed that December tends to be the third-best month of the year to buy or sell a home in our market.

Think of it this way: If you’re listing your home, you can not only enjoy decreased competition, but you can also be certain that the buyers who come to view your property during the holidays are committed to making a deal. Many buyers are concerned about rising interest rates, and therefore want to get into their next home as quickly as possible. They want to lock in a favorable rate while they’re still historically low.

December tends to be the third-best month of the year to buy or sell a home in our market.

”

In addition to these more practical factors, buyers also tend to be more sentimental during the holidays. Seasonal decor, so long as it isn’t overdone, can make a house look like a home in the eyes of potential buyers.

All in all, there are many factors that make the holiday season a great time to buy or sell. Between the tax advantages, the personal benefits, and other factors, this later time of year offers much more opportunity for buyers and sellers than some might initially assume.

If you’d like to talk about your specific goals and circumstances, have any other questions, or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

Everything You Need to Know About Today’s Dallas Market

nick@goodshomes.com (Nick Good) — Fri, 9 Nov 2018 12:28:00 -0800

What’s going on in our real estate market as of late? Today, we’ll give you some insight into the latest developments.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

For my latest Facebook Live interview, I’m answering some questions you might have regarding the state of the current market.

For your convenience, I’ve provided timestamps of the conversation in the video above so you can jump ahead to the section(s) that interest you the most:

00:50 - Is it a buyer’s market or a seller’s market?

2:16 - How does current inventory affect home prices?

3:02 - Where are interest rates headed?

4:04 - What do recent market statistics mean for people looking to sell?

5:07 - What should people be aware of in order to make informed decisions about real estate?

6:52 - What can we expect from the 2019 market?

8:22 - How to find out what these conditions mean for you, specifically.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

The Reason We Are Seeing More and More First-Time Homebuyers

nick@goodshomes.com (Nick Good) — Mon, 17 Sep 2018 12:33:00 -0700

We haven’t seen this many first-time homebuyers in our market since 2005. Here’s why they’ve made such a strong return.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

According to a recent report, first-time homebuyer purchases are being made at their highest rate since 2005, and they’re up 1% from 2017. The main reason behind this is the fact that rents are rising at the fastest pace we’ve seen in almost two years. According to Zillow, the median rent rose 2.8% to $1,445 and has been experiencing the fastest pace of appreciation since May 2016.

We are personally seeing a huge demand from potential homebuyers under age 35 who want to stop renting and stop throwing away their money. In Collin County alone, there are 147 houses priced at or below $225,000 or less, which is a typical price range for first-time buyers.

Assuming a buyer is going to utilize an FHA 3.5% down payment loan program, a $225,000 home would cost roughly $7,200 out of pocket and result in a monthly payment of roughly $1,800. That’s not much more than what most people are paying in rent, and in some cases, it’s significantly less.

Renters are tired of throwing away their money and are ready to buy.

”

If you’re tired of throwing away money on rent and are curious about how the home lending and buying process works, don’t hesitate to give us a call or send us an email. We look forward to hearing from you soon.

Why Overpricing Your Home Will Keep Buyers From Buying It

nick@goodshomes.com (Nick Good) — Tue, 28 Aug 2018 08:27:00 -0700

Now that our market is shifting and inventory is increasing, you need to avoid overpricing your home when putting it on the market.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

Why is pricing your home correctly imperative in our current market?

As our market shifts, we’re starting to see more inventory accumulate. In Collin County, for instance, inventory is up 32% compared to this time last year. With more homes on the market, competition among sellers has increased.

If you price your home at market value, you’ll attract roughly 60% of all buyers in your price range. If you overprice it by 10%, you’ll attract just 30% of the buyers in your price range. If you overprice it by 15%, you’ll only attract 10% of the buyers in your price range.

Your home should not only be priced correctly, but it should be show-ready as well.

”

If you want to price your home correctly, work with an agent who will show you what comparable homes are selling for and prepare you for what’s coming down the pipeline. Rising interest rates are shrinking the buyer pool and forcing many buyers into lower price brackets, which means your home should not only be priced correctly, but it should be show-ready as well.

If you’d like to talk more about how to price your home correctly or you have any other real estate needs, don’t hesitate to reach out to me. My team and I would be happy to help you.

Thank You for Joining Us at Our Client Appreciation Event

nick@goodshomes.com (Nick Good) — Tue, 14 Aug 2018 10:17:00 -0700

Thank you to all the people that came out to our client event to watch “Christopher Robin” with us.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

I just wanted to thank you for coming out to our client appreciation event. We had a great turnout of people to see the new Winnie the Pooh movie, “Christopher Robin.”

If you missed it, don't worry. You have another chance. We have our annual client appreciation party for the pumpkin patch coming up in October, so be on the lookout for that.

Also, if you haven’t heard, our team is involved in a 60- to 90-day competition right now. The goal is to see who can help the most sellers, so we would love to serve if you if you’re looking to list.

Our team is currently involved in a 60- to 90-day competition to see who can help the most sellers.

”

If you know anyone who is thinking about selling their home in 2018, please let us know. We would love to talk to them and explain why now is the best time to sell their home.

Again, if you were able to do so, thank you for coming out to our recent event. We truly appreciate it and look forward to seeing you at our next one.

Join Us at Our Next Client Appreciation Event

nick@goodshomes.com (Nick Good) — Thu, 2 Aug 2018 12:42:00 -0700

You’re invited to our next client appreciation event, a screening of the new film, “Christopher Robin.”

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

I want to personally invite you to our upcoming client appreciation event. For the second year in a row, we’re renting out the movie theater at Look Cinema for a screening of “Christopher Robin,” the new film featuring Winnie the Pooh and his friends.

Our event will take place on August 11, and we’ll be starting at 11:30 a.m. We’re giving the first opportunity to RSVP to this event to our past and current clients, as well as anyone we’ll be doing business with in the near future. The limit is four tickets per person or couple—for larger couples, we can make exceptions.

“

We’re renting out the movie theater at Look Cinema for a screening of “Christopher Robin,” the new film featuring Winnie the Pooh and his friends.

”

For this event, we are partnering up with a special charity, the DFW Angels. Their mission is to help foster children, so they’re gathering up schools supplies to make sure that kids have enough supplies when they go back to school. We’re looking for items like new backpacks, lunch boxes, thermoses, Crayola crayons, No. 2 pencils, Elmer glue sticks, and similar.

Seats are filling up fast, so if you’d like to RSVP, do so now right here.

We look forward to seeing you there! If you have any questions, please feel free to reach out to me.

Our New Technology That Will Help Both Buyers and Sellers

nick@goodshomes.com (Nick Good) — Mon, 9 Jul 2018 09:42:00 -0700

Today we’re announcing our partnership with our newest technology, InsideMaps. This technology will help you gain more exposure for the home you are selling.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

I am excited to announce that we have partnered with a new technology, InsideMaps, to help you gain more exposure for your home. As I have mentioned before, the more exposure you get, the better chances you have of getting an offer. And, the better chance you have of getting an offer or multiple offers, the higher the sales price.

InsideMaps is a proprietary technology that we will be able to offer to all of our sellers’ listings. It will offer 3D technology in video format. Older 3D technology can take a long time to load and doesn't do much for the buyer's experience. 3D technology is also great for online rankings, so when buyers are searching for homes, this will come up in the video ranking, which means great news for our clients’ exposure.

Along with this, we will also offer floor plans on all of our listings. Floor plans are great for buyers who are relocating because they can see the layout labeled with the room type as well as the dimensions of each room.

This is also a great tool for homes that need to be flipped because a buyer can see the potential in the house. It provides the home’s current floor plan, which allows buyers to imagine how they might rearrange it.

No matter how it is used, InsideMaps is just one way that we can make your home more valuable in buyers’ eyes, which will encourage them to make an offer.

“

InsideMaps provides the home’s current floor plan, which allows buyers to imagine how they might rearrange it.

”

If you are interested in learning more about this technology or are interested in buying or selling, please feel free to reach out to me. I look forward to speaking with you soon.

We Won’t Hold You Hostage Like Some Other Agents

nick@goodshomes.com (Nick Good) — Mon, 25 Jun 2018 07:49:00 -0700

A lot of agents are holding their clients hostage out there. We’ll never do that, and our easy exit agreement ensures that.

Want to sell your home? Get a FREE home value report

Want to buy a home? Search all homes for sale

If you’re going to hire an agent today, do you think that agent will hold you hostage as a client? The reason I bring this up is that we recently spoke with a homeowner who wanted to hire us to get their home sold. However, they were listed with another real estate agent at the time. We let them know that they would have to terminate their current agreement before hiring us.

When they went back to their agent and tried to get out of their agreement, the agent demanded a $500 termination fee, as well as a 2% commission. The agent was asking to get paid off work they couldn’t even get done, for whatever crazy reason.

We see this kind of thing happen a lot to innocent homeowners. Agents continue to put termination and cancellation fees in their agreements. But why?

If you were to hire our team to help you sell your home, you get our easy-exit agreement. It’s essentially a "get out of jail free" card. If you hire us, you can cancel our contract at any time if you are unhappy for whatever reason. You just have to give us 48-hours written notice. No cancellation fees, no termination fees.

“

You can cancel our listing contract at any time for any reason.

”

We put our skin in the game to ensure that we’re giving you the best service possible whether you’re buying or selling a home. Our goal is to help you reach your real estate goals without compromise.

If you have any questions for us or you’re interested in buying or selling a home with us, don’t hesitate to give us a call or send us an email today. We look forward to hearing from you soon.