Tuesday, December 27, 2016

How The Robin Group Found the Perfect House for Jess

“We got some really great results with The Robin Group. Scott was awesome, he took us to a whole bunch of different houses, he really listened to what we were asking for in a house. So the houses that we actually saw with him all fit our list. They were in budget, they were exactly what we were looking for in a house.  He went above and beyond to really see what house best suited us. We ended up buying a house, obviously, and it’s perfect. It’s in a cute little neighborhood, great starter home which is what we were looking for. We worked with him and with our lender and they helped us get it at a great price and we were really satisfied with everything that we did with them. We highly recommend them, he (Scott) worked really well with us, he listened to us and we’re very nitpicky and awful when it comes to Realtors. We went through several groups of Realtors before coming to The Robin Group and Scott was the first one that actually sat and understood what we were asking of him. So we really appreciated that and he was just fantastic.”

Why Sue Thinks The Robin Group are an Excellent Team

“They’re very good, they are all very knowledgeable and always willing to help. Always willing to get what they need to get done for you. I just think they’re a great group, a great team, they do everything that they can to help you. They go beyond and above what they should, they’re very good. Excellent, excellent people. “

Why Christy says Working with The Robin Group was Great

“Well working with Tiffani and her group was great. My house was on the market you know as soon as I was ready, and done fixing it up. And within 9 days it was off the market. We’ve already got a contract and everything has worked out. She is wonderful, I’ve really enjoyed working with them. You know what I like about them, Tiffani takes the time every week to call me and she’s very personable. I really enjoyed the fact that any time anything came up she was constantly texting me, letting me know what’s going on, keeping me updated. I think that goes above and beyond. Just the fact that she would take the time out of her day to check on me, make sure I was doing okay or if I had any questions.”

Why Chris had an Exceptional Experience with The Robin Group

“The results were great, everything got handled the way it was supposed to.  Everything that we were told was going to happen happened.  It happened when it was supposed to, how it was supposed to. I think they’re a great company actually. The fact that they do extra things to give back to the people that have worked with them, they are a good bunch of people. I can’t off the top of head think of anything that left a sour taste in my mouth by any means. When I think of an experience that I’m having, if everything goes smooth it’s basically an exceptional experience.”

5 Ways to Get Ahead as a New Construction Buyer


Buying a new construction home is a whole different ballgame than buying a resale home. Today I have five tips that will help new construction buyers start on the right foot.

Selling your Louisiana Home? Click here for a free home value report
Buying a Louisiana Home? Click here to search homes for sale

Purchasing a resale home is a vastly different process than purchasing a new construction home. Today, I wanted to provide some tips for understanding the difference between the two and how to successfully purchase a new construction home.

1. Hire a professional real estate agent. When you walk through model homes and speak with a customer service rep, that person represents the builder. They have the builder's best interests in mind, not yours. Make sure you have your own representation when buying new construction.

2. Research the builder. Just because a builder can set up a pretty house doesn't mean they have a great reputation. When you buy new construction, customer service is your number one concern. When you purchase a new build in Louisiana, the New Construction Act is tied to it, meaning the builder is responsible for repairs to the home for a certain number of years after purchase. Having a good rapport with the builder and knowing how to work with them is very important. When choosing a builder, read their online reviews, ask for testimonials, and see if you can view homes they've built in the past.


Work with an agent that has experience negotiating new construction.

3. Don't rely on the model home. When you view a model home, you'll see a gorgeous home with a beautiful furniture setup that's staged to perfection and has a lot of upgrades. Ask questions to make sure you know which features are standard and which are upgrades. If you have an agent representing you, they will have all this information for you.

4. Negotiate wisely. When purchasing a new build, wiggle room may not be to your advantage. Builders want to be sure they keep their sales price because the price they settle on will not only affect your sale, it will affect all future sales in that area. This doesn't mean that you can't negotiate certain things on the back end, however. You can negotiate things like a fence, certain upgrades, appliances, or paint, for example. That's why it's so important to be represented by an agent who has experience negotiating new construction homes.

5. Document everything. Say you're having a home built and you have a certain floor plan in mind—you need to document everything you want to be done on that property. At that stage, you only have a blueprint or floor plan to go off of, which doesn't have every spec or feature written out. Do you want brick or vinyl siding? Is there a driveway? What kind of hardware will the home have? What kind of countertops will it have? Make sure you document all your preferences that aren't represented in the floor plan or blueprint.

If you have any other questions about buying new construction homes, we're here to help. Just give us a call and we'll help you out in any way we can.

Wednesday, December 14, 2016

10 Tips for Decorating Your Home to Sell This Holiday Season


In decorating your home to sell during the holiday season, you must remember to keep your aesthetic tasteful, elegant, and easy. 


Selling your Louisiana Home? Click here for a free home value report
Buying a Louisiana Home? Click here to search homes for sale

For those of you who have your home on the market this holiday season, we have 10 tips for how you can decorate it so you strike the right balance between celebrating Christmas and appealing to all potential buyers:

1. Maintain curb appeal. We’re not supposed to judge a book by its cover, but that’s exactly what buyers do when they pull up to your home. Don’t turn into the Griswolds! Be modest about your lights and outdoor accessories.
 

2. Don’t overdo the little things. This includes both the exterior and the interior. You don’t want a bajillion little reindeer trinkets sitting around. Too much tableaux can distract from the spatial flow of the home.
 

3. Declutter. We tell all of our home sellers this, no matter what the season. During the holidays, though, you need to kick the process into overdrive before decorating. Clear off any kind of flat surfaces in your home, like the mantle places, countertops, and foyer tables.
 

4. Make your fireplace shine. If you have a fireplace, now’s the time to showcase it. It’s Christmas, after all, and who doesn’t love a good fireplace? As always, keep it elegant and simple.
 

5. Be sensitive to different cultures. Above all else, you’re trying to get your house sold. Not all of your potential buyers may celebrate Christmas, so keep that in mind when you’re decorating.
 


One man’s taste is another man’s tacky.

6. Mind your colors. Keep your color schemes tasteful, elegant, and easy. Anything else can be distracting to a buyer.
 

7. Make your decorations fit the style of your home. If taupe is the dominant interior color of your home, for example, your decorations should have the same accent to it.
 

8. Smell your way to the sale. Christmas definitely has a certain smell to it, and that involves cinnamon, pine, and candy. Set out a nice bowl of potpourri to generate this scent.
 

9. Pay attention to scale. If your tree is big enough that you have to rearrange how you walk through the room it’s in, that’s a bad sign.
 

10. Skip the holiday card display. Cards and letters of your extended family can be distracting to buyers. From our perspective, this only counts as more clutter.
 

If you’re looking to make a move in the market in the near future, please don’t hesitate to give us a call so we can get started on finding your next dream home. We look forward to hearing from you!

Tuesday, November 29, 2016

Is Winter A Good Time To List?


The holiday season is actually a great time to sell a house, for a number of reasons.

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Lately, many of our sellers have said they want to wait until after the holidays to list their houses because it's too much trouble. Selling a house during the holidays can actually be very beneficial to you.
 
The number one reason to list your house now rather than waiting for the new year is the decreased competition. You have a better chance to sell your home when there are fewer homes on the market to compete against. Secondly, buyers who are out at this time of year are very serious buyers. Think about it—only highly serious buyers are out looking at houses when they have holiday concerns of their own to take care of. Many of these buyers need to get moved in in a hurry.
 
These buyers are motivated and willing to pay top dollar to get moved in by the end of the year.

These buyers are motivated and willing to pay top dollar.

The third big reason to list during the holiday season is that it's Christmas—everyone is jolly and happy! Buyers are excited to get into a home for the holidays, and you can tap into that emotion by baking delicious-smelling cookies and putting up a beautiful Christmas tree. Making your home inviting gives buyers all the more reason to write an offer.
 
Finally, remember that the Fed just met and it's anticipated that interest rates may rise at least 0.25% by the end of the year. Why not get buyers now who can lock in a low rate and buy more of a home? If you wait until January and rates go up, buying power will decrease and shrink the pool of potential buyers for your home.

I hope that's all the motivation you need to get your house on the market. If you're ready to sell or you have any other questions for me, give me a call or send me an email today. I look forward to hearing from you!

Wednesday, November 9, 2016

Home Inspections You Shouldn't Skip


We've been getting questions lately about home inspections that we wanted to answer for you today. Which ones should you get and which ones shouldn't you bother with?
 

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Of all the available inspections, you need to figure out which ones are important to your transaction because every home is different. For example, a new construction home probably wouldn't get the same inspections that a 40-year-old home gets, but there are some general rules to follow.
 

The number one home inspection we always recommend is the general home inspection. This is where an inspector will look at everything in the house, like whether the windows are working properly, whether the roof looks like it needs to be replaced, and the condition of the hot water heater. They check every piece of the property, down to the foundation itself.
 

The second major inspection we recommend is a termite inspection; these are usually needed for most loans out there, anyway. Most loans with a mortgage will require a WDIR (wood destroying insect report) to make sure it's free and clear of termites.
 

Since we're in South Louisiana, we always recommend a video plumbing inspection to our buyers. We recommend this because much of the older plumbing here is made of terracotta, and tree roots can crack it or even grow through it. The video plumbing inspection will tell you if there's corrosion or tree damage in the piping. The soil here is very soft, so settling can be an issue with these pipes, too.


Termite inspections are usually required to get a mortgage.

The fourth inspection we recommend is actually one from professional vendors. This could include people like an air conditioner serviceman, a plumber, or an electrician. If the general inspection you get reveals an issue like something that's not up to code or the roof looks too old, we recommend you bring out a licensed professional in the appropriate field to check on them. We also recommend you get any inspections for items specific to the property, like a pool or a well.
 

These are the most common inspections for homes in our area, but each home is different. If you have any questions about home inspections or you're looking to buy or sell a home, give me a call or send me an email. I'd be happy to help!

Thursday, October 13, 2016

10 Signs It’s Time to Make a Move


How do you know if now is the time to move? Some reasons are obvious, but some reasons might not have occurred to you yet. Here are 10 items that might tell you it's time to get a new home.

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There are 10 signs we look at that indicate whether it may be time for you to move into a bigger home.

1. You just need more space. This could be either storage for the things you've collected or more space for visitors to stay in.
 

2. Your family is growing. If you're adding kids (or pets) to the family, that 1,000 square foot place isn't going to cut it anymore.
 

3. You've got more to spend. You might have been like most people and bought what you needed rather than what you wanted because you didn't have much to spend on your current home.
 

4. Work has changed. If you're commuting 10 hours a week, it might be time to look for a place closer to work. We're very good at helping clients relocate in this situation.
 

5. The market might be right. In fact, the market is right at this time! Interest rates are still low and the market is still hot, making it a perfect storm for both buyers and sellers.


The market is in prime position for move-up buyers right now.


6. Home is where the heart is. If you bought a house in a neighborhood with amenities like a community pool, you might have reached a point in your life when those amenities no longer interest you.
 

7. It's time to get out of your current home. Just like old cars, old homes have maintenance issues that come up over time that you have to keep up with. When your equity starts getting eaten up by needs like a new roof or kitchen upgrades, it might be time to leave.
 

8. You have different needs. Maybe when you first moved in you were excited to be close to the bars, but now you're thinking about being closer to schools.
 

9. It's all about the garage. Over time, you may get an extra vehicle or more and more lawn equipment and tools, so you will need space for them.
 

10. Your green thumb is itching. If you're in a condo with no yard, for example, you may find yourself wanting a lawn for things like gardening, a swing set, or a pool.

If you have any questions about reasons to move into a new home or you're curious about anything in the real estate market, give us a call. We'd love to help you out!

Tuesday, August 9, 2016

The Benefits of Working with a Real Estate Team


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One question I get on a daily basis is, “Why choose a real estate team instead of an individual agent?”. There are many benefits to working with a real estate team versus an individual agent, and I will go over a few of them today.

First of all, when you work with a real estate team, you are working with a team of specialists. That means you are surrounded by professionals that are there to focus on one thing - you. Individual agents have to focus on a million different things to complete a transaction.

If you are a buyer, you will work with one of our buyer specialists. They spend 100% of their time working with buyers. They are out previewing homes every day. In fact, our buyer specialists preview hundreds of homes each week. When you work with our team, you will be working with someone who knows these homes inside and out. That way, when you call and say you are looking for a specific style of home, our buyer specialists can immediately point you in the right direction.

On the other hand, if you work with an individual agent, they may not be able to do all of that work up front. Again, individual agents are handling all aspects of the transaction; they don’t have time to focus on just the one task.

If you are a seller, you would work with one of our listing specialists. A listing specialist spends 100% of their time doing one thing - selling homes. Their job is to make sure the home is in the right condition and priced correctly while coaching the client on how to sell the house quickly and for the most money.


A real estate team is made up of specialists focused on your success.


Sometimes, it may take a few months to get our listings on the market. Our listing agents walk through the home with you to make sure that you understand completely what needs to be done to prepare the house for the market. Our listing specialists want you to be as educated as possible about what is going on in today’s market.

Speaking of listings, we also have a marketing specialist on our team who spends all of her time getting maximum exposure for our listings. Our marketing specialist, Ashley, makes sure the pictures look right and are syndicated to the proper websites. She also makes sure that the features and benefits of your home are highlighted for potential buyers. She works all year round to make sure our listings are taken care of. She will even communicate with sellers about feedback that we get from the market.

Our team also has a transaction coordinator. Their job is to make sure all of the paperwork gets taken care of once your home is under contract or your offer is accepted. The transaction coordinator steps in to make sure that the closing process runs smoothly. A lot of the time, individual agents are running from appointment to appointment, which means they might miss something during the closing process. Our transaction coordinator focuses on you and what you need most during this time.

Finally, our real estate team has a professional photographer and a runner on our staff. Our runner takes care of everything that needs to be taken care of at the last minute. They will run to houses before showings to pick up dogs and make beds. They will take paperwork over for a last-minute signature. The runner is there to make sure that nothing gets left behind.

As you can see, there are many advantages to working with a real estate team versus an individual agent. However, make sure you still interview those teams to find the right one for you. No two real estate teams are the same, just as no two real estate agents are the same.

If you have any questions, give us a call or send us an email. We would be happy to help you!

Monday, July 25, 2016

Buying an Investment Property to Earn Residual Income


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I was having a conversation recently with a client about saving money so that our kids could someday attend college. I have a one-and-a-half-year-old daughter, so I know that for those of you out there starting families, future college tuition is something that’s always on your mind. Not only do I have my daughter, but I also have a 19-year old son who’s actually there right now. I’m paying some hefty bills covering things like rent, food, books, insurance, and a lot of other unexpected fees I never imagined I would have to pay.

These things got me thinking about how others like me can proactively save money for their children’s future. One important way I want to talk about today is buying an investment property. With barely any upfront costs, you can let it sit there and make money for you. Let me outline a scenario to explain.



You can let it sit there and make money for you.


Right now we have a great property in the middle of Mandeville that’s going to be listed at about $130,000. Imagine you bought this as your investment property. Mandeville is very attractive for rental properties because you can make up to $1,200 a month. For a 15-year note (for which rates are at 2.8%) on $130,000 price tag, you would be looking at a note of $900 a month. The good news is you don’t have to pay that note - your renter will have to pay it for you. If the rent is $1,200, that means you would stand to make $300 a month for doing absolutely nothing. $300 a month then equates to $3,600 a year. If you let that sum sit there and ride for 15 years, you’ll end up earning a savings of $54,000.

After 15 years, you’ll have a paid-off investment property that’s still bringing in money. In fact, 15 years from now, it will probably have increased to $1,500 or $1,600 a month. Wouldn’t it be great to wake up 15 years from now and have the funds on the side for your kids’ college education? Did that just blow your mind? Well it should, because all you had to do was put up that initial down payment and all the other funds were paid by someone else. How’s that for building wealth?

I have plenty more information regarding wealth-building strategies I would love to share with you guys. Feel free to call or email me anytime.

Thursday, May 19, 2016

What Needs to Be Disclosed in Order to Sell Your Home?


 Selling your Louisiana Home? Click here for a free home value report
Buying a Louisiana Home? Click here to search homes for sale

When selling your home, you have to be very careful about what you disclose to the buyer. I have seen a lot of FSBO sellers encounter legal problems because they did not disclose to the buyers properly.

Let’s say you have a home for sale.
You’ll have to fill out a disclosure form that asks if your home has been damaged by fire or water. If you aren’t honest about these things, it can cost you a lot of money in legal fees. 


IT'S BEST TO CONSULT YOUR LOCAL REAL ESTATE AGENT WHEN GOING OVER DISCLOSURES.


Another problem with disclosures we see around here has to do with contaminated drywall. Sometimes people will fib about their pools as well, saying they are in proper working order although a pump or a drain is broken. Even though you can still swim in the pool, that does not also mean it’s in proper working order.

It’s best to consult your local real estate agent when going over disclosures. My team and I can help decide what you should and should not disclose in order to sell your home quickly and for a fair price.

We look forward to speaking with you!

How Do Sales Contingencies Affect You?


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Why are contingencies so common in real estate? When you buy or sell a home, there are issues related to the Louisiana Purchase Agreement. When a buyer purchases a home, we experience three common contingencies related to inspection, appraisal, and financing.

There is a fourth contingency, too. It accounts for when a seller can only sell a home if they have already found another one to purchase. Sometimes buyers will come in with contingent offers explaining they need to sell their own home before purchasing another. It goes both ways. 



Sellers dislike contingencies unless the buyer’s home is already under contract with another buyer. Contingencies create hurdles in transactions, which sellers prefer to avoid. We frequently work with people who need to buy and sell at the same time, and we make sure that everything lines up together.

The other contingencies that we see have to do with inspections, appraisals, and financing. If a buyer sees a bad inspection report or a bad appraisal, they may back out of the deal. Sellers may back out of a deal if they find out that a buyer cannot actually afford to buy their home. There are many reasons why deals fall apart during the contingency period. Inspections go poorly, finances get disrupted, and appraisals raise questions.

As a buyer, it’s best to remove any contingencies from your offer. Much the same is true for sellers. Nobody likes dealing with these issues!


Give us a call or send us an email if you have any questions. We would be happy to help you!

Tuesday, May 17, 2016

Navigating a Seller’s Market When Trying to Buy a Home


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Buying a Louisiana Home? Click here to search homes for sale

There are a lot of multiple offer situations in our market right now, and buyers are getting discouraged because their offers are getting rejected. Today Scott, our buyer specialist extraordinaire, joins us to share some tips for buyers in this seller’s market.

Before you start looking at houses, sit down with your agent for a buyer’s consultation. We’ll go over what you should expect during your home search. You will also discuss your interests in particular homes.

Inventory now is low, so you can’t play games any more. You can’t try to get $5,000 off the list price of a home because someone else out there is going to offer the full list price. In this competitive market, if you don’t come in with a strong offer, sellers will ignore it. You may be able to negotiate with the seller on terms, but you have to go in strong on price in order to get the seller’s attention. 

You should also build a good rapport with your agent. Your agent will connect you with listing agents, and listing agents will tell the seller whether or not to work with you. Working with an agent who has strong relationships with other agents in the local market gives you a great advantage.


When you do submit your offer, there are a couple of other things you can do. For example, send the deposit check with the offer. Sending the check shows that you are ready to go ahead with the home purchase. You should also submit your pre-approval letter. It’s important to get pre-approved before you even look at homes because sellers are not going to waste their time working with an unqualified buyer in this market.

If you really fall in love with a house, you can write a letter to the seller explaining how excited you and your family are to live there. Remember, for the seller, it’s not just a house - it’s their home. Expressing how you feel about the property in your own words to the seller is a great way to stand out from the other buyers.

Finally, keep in mind that you can always call the listing agent and ask what it will take to get the deal done. It doesn’t hurt to ask, and the answer can save a lot of time during the transaction. Time is money, so make sure you get those things addressed if you are in the market to buy a home.

If you have any questions about buying a home in this competitive market, give us a call or send us an email. We look forward to hearing from you!

Tuesday, March 29, 2016

How The Robin Group Helped Lisa and her Husband Sell Their House within a Week

“Everything went well, we actually sold our house using them and purchased our new house with them. It was put on the market and sold within a week and we’re happy with our new house also. She did give us a lot of advice of things we could do that would help make our house sell quicker.  Finding a house, they helped us a lot with that, too.  I know we looked at the market on the North Shore. A lot of the houses sell really quickly, they let us know right away when something that we were interested in was available to try to get us in there and find a new house that we would like. “

Friday, March 18, 2016

Is Your Home Ready for the Market?

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Today, we’re going to talk about how to prepare your home for the market. I always tell sellers to call me first. I will take a look at your property to see what needs to be taken care of before you sell your home. Ultimately, I want to work with you and see what works the best for your home.

I went on a listing appointment last week and the seller wanted to wait until the property was in perfect shape. However, that wasn’t at all necessary. That’s why you should let us determine what needs to be done before listing your home. What a real estate agent sees is entirely different compared what the seller thinks needs to be done. Some sellers wind up doing way too much to get their home prepared for the market. The market is hot, and you need to list now.

  
This seller wanted to repaint and replace the flooring. When I visited her property, she only needed to clean the carpet and touch up some spots on her wall. Some of the smudges were from the kids touching the light switches, so those walls just needed to be wiped clean! We sold her house in less than 24 hours.

We like to come in, meet with sellers, and suggest what items they should update. Oftentimes, it takes a listing two or three weeks before it’s ready to hit the market. My team and I market the property in the meantime, letting neighbors and interested buyers know that it’s coming on the market soon.

We are in a hot seller’s market with only 3 months of inventory available. If you’re thinking of selling, give me a call or send me an email. I would be happy to help you!

Monday, March 7, 2016

How the Robin Group Helped Steven A. Sell his House in a Few Hours

“It was fairly painless, it was very thorough. She had my house sold in a few hours after listing it. It was just very personal service. She got back to me immediately. I just remember when I would text her about something I mean immediately they would get back to me. I mean, in the past with realtors, they never call you back.”

Wednesday, March 2, 2016

Why Is Now an Ideal Time to Buy?

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Many people ask us how much money it costs to buy a home in today's market. We look at it another way, asking instead, how much does it cost not to buy? Right now interest rates are near historic lows, which means it costs a lot less to borrow money now. With rates expected to rise, it will cost you more money to buy later than to buy now.

If interest rates increase by only 1%, the cost of the house you want to purchase rises 10%! If you are able to purchase a $200,000 house in today’s market, a rise in rates as small as 1% would make it so that you could only afford a home worth $180,000! That is a $20,000 difference in the type of home you can afford!



There is a significant difference between homes priced at $200,000 and those priced at $180,000. For instance, that difference in price often accounts for the location of a home, which is often a huge factor for buyers. The cheaper home also won’t have the same amenities, such as granite countertops and stainless steel appliances. Condition of the home may be affected by that price difference as well -- that 1% rise in rates could be the difference between purchasing a 20-year-old home and a five-year-old home.

If you’re a first-time home buyer, there are a lot of really great options out there. If you want to get out of your rental situation in order to become a homeowner, there is a 100% financing option available. The best news is that you don’t need to be a first-time buyer to take advantage of it!

If you’re interested in your home buying options, or if you have real estate questions of any kind, please don’t hesitate to reach out to us at any time. We would love to hear from you!

How the Robin Group Helped Gina Buy and Sell at the Same Time

“They did a great job they both sold our house and found us the one we’re living in and kept us up to date, got in done in the timetable we needed. So they did a great job. They were just very on the ball and kept checking in with us making sure everything was going okay and then even, I just got a text from her yesterday asking we liked our new home.”

Monday, February 29, 2016

Are You Tired of Your Current Job?

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The Robin Group has experienced an incredible amount of growth in the last year or so. In fact, just last year, we were privileged to help 207 families with their real estate needs! We couldn’t do this without you, so thank you so much for the referrals you’ve sent our way!

Because we’ve been so busy, we have a few positions open right now! First, we’re looking for a transaction coordinator. Applicants for this position should be a team player who is detail-oriented and someone who is looking to grow within the organization. This person needs to be able to put out fires and deliver a very high level of customer service. This position is important because they will be assisting our clients with the biggest financial decision of their lives! 


We are also looking for talent in our sales department. If you or anyone you know is driven to achieve a higher level of success than what you’re currently doing, please reach out to us! We would love to hear from you and maybe even work together down the road!

Wednesday, February 24, 2016

What Can You Expect from the Market in 2016?

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Our team just returned from the Keller Williams National Convention that was held right here in New Orleans. We were privileged to have around 30,000 other Keller Williams agents right in our backyard! In his Vision Speech, Gary Keller shared some wonderful news about the market that I think you should be aware of:
  • The national price average is at $222,400.
  • Home sales are at a historic high.
  • We’re at the end of a 7-10 year cycle.
  • Now is the time to sell before the market declines.
  • This is probably the last spring prices will be this high.
  • Interest rates are still at historic lows (around 3.5%!)

This is just a brief overview of the national marketplace, but one thing is abundantly clear: conditions don’t get much better for buying and selling real estate. If you’ve been on the fence about making a move, there’s no reason to wait. Now is the time to take advantage of the market while it’s at a high point!

If you have any questions about the market in your area, or if you need real estate assistance of any kind, please don’t hesitate to reach out to me!

Tuesday, February 23, 2016

How Long Does a Louisiana Home Sale Take to Close?

Selling your Louisiana Home? Click here for a free home value report
Buying a Louisiana Home? Click here to search homes for sale


Today we are going to discuss a key step in the home selling process, how long it actually takes to close on a home after you’ve already gone under contract.

The real answer is that it varies, as a closing can take anywhere from 2 weeks to 2 months to go through. Usually, you are looking at a 30-45 day closing period. It really depends on the buyer’s situation, especially the type of loan they have. If a buyer is paying with cash, for example, the closing might only take 2 weeks. If they have a rural development loan, that might take closer to 60 days.



Keep in mind that in today’s market we are selling homes that have been on the market from 1 to 30 days, so we are seeing homes stay on the market for an average of 60 days from the time they are listed until the sale is final. If you’re thinking about selling in the spring market, now is a good time to contact us so we can show you how to get your home ready for the market.

If you have any questions or you’re thinking about selling, give us a call or send us an email. We would love to help out any way we can!
 

Thursday, January 28, 2016

Learn About the Latest Real Estate Trends and News

Selling your Louisiana Home? Click here for a free home value report
Buying a Louisiana Home? Click here to search homes for sale


I am extremely excited about my new blog! Each month, I will send out two emails addressing trends in our local real estate market. I'll also be touching on changes to the lending and title world and tips for navigating the real estate industry. All of these industries are intertwined. In order to take advantage of the real estate market, you need to know about all of them.


Rather than simply guess what's on your mind, I want to reach out and ask you what questions you have about real estate. Are there any concepts that confuse you? Are you curious about the market in your particular area or neighborhood? I would love to answer your specific questions in my videos so other people with similar questions can benefit from them too! Please reach out by phone or email today!

What's Happening with Louisiana Real Estate?

Selling your Louisiana Home? Click here for a free home value report
Buying an Louisiana Home? Click here to search homes for sale

Before you head out to buy or sell a home this spring, I thought it'd be a good idea to let you know how our market is performing. Overall, we're in a seller's market right now. We have very little inventory, so this is putting pressure on buyers. 

Our current absorption rate is 2.5 months, which means that if no more homes came on the market, there would be no more homes left for sale. This places us squarely in a seller's market. This is great news for home sellers in the area, especially when we consider that rising interest rates will be pushing more buyers onto the market. Please call me now if you're thinking about selling your home because you have to list now if you expect to sell in the spring. 


Another thing to keep in mind is that low inventory in our area is having a positive effect on home values in the area. With fewer homes available, buyers are willing to pay more for them. You have the opportunity to sell your home for maximum price in 2016! 

Please don't hesitate to contact me if you have any further questions or concerns. I look forward to hearing from you!