I get the question a lot, “why should I list my home with a Realtor when I can do it myself?” To be fair, that is a great question and one I’m happy to answer, but today I want to focus in on what a quality Realtor, like myself, will do for our clients: Professional Photography!

Late last night a FSBO (for sale by owner) was listed on Trulia where the home owner posted some great photos showcasing his home. Now, he did a great job demonstrating the selfie mode of real estate marketing. Maybe a new trend I’ll start! 😉 In all fairness, I’m sure this guy meant well. My intent is to simply show how hiring a professional can greatly help increase your home’s marketing presence–however, I’m sure this guy’s selfie photos will generate plenty of love!

Hiring a Realtor is one of the best decisions you can make when selling your home. The marketing presentation of your home is merely one aspect. Getting proper photos is a must in my marketing plan including aerial images and video. Since I work with my wife who runs a photography studio, City Hill Studio – Alexandria, MN Photographers, we have a pretty solid grasp on what is need to present a home in its best light possible. Give me a call to ensure your selfie’s don’t go viral! 😉

FSBO Selfie FSBO Selfie FSBO Selfie FSBO Selfie FSBO Selfie FSBO Selfie FSBO Selfie

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Full listing for 159 West Ridge Way #100, Roswell, GA

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2016-octoberAlexandria Real Estate

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2016-september

Alexandria MN Real Estate

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Alexandria MN Real Estate

Alexandria MN Real Estate

Alexandria MN Real Estate

 

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The Coldwell Banker Home Listing Report (HLR) has been released! This is widely referenced report and is the most extensive home price comparison study in the U.S.. What makes the HLR so different is that it collects and ranks the average listing price for ONLY the four-bedroom, two-bath homes in a market. That allows us to provide an apples-to-apples comparison of the home prices in more than 2,000 markets across the country.

Minnesota got a few mentions too! According to the Coldwell Banker Home Listing Report, the average listing price of a four-bedroom, two-bathroom home in Minnesota is $458,483. Check out listings in Minnesota and the full state ranking for 2016 below. To see how your market compares nationally, visit www.coldwellbanker.com/hlr.hlr-most_expensive_minnesota_800x800

This year California swept the Top 10 Most Expensive markets list. Saratoga, California claims the number 1 spot with an average listing price of just over $2,453,000. That’s nearly $2.4 million dollars more than in Detroit, which leads the list of the Top 10 Most Affordable markets, with an average listing price of $64,110. See more details and press coverage below the image gallery.

Each year this report garners extensive media coverage for the Coldwell Banker brand. This year’s highlights include:

Key Findings from the 2016 HLR

  • Saratoga, California ranked as the most expensive market, where the average listing price of a sample size home is $2.5 million ($2,453,718).
  • The country’s most affordable market is Detroit, Michigan, where the average listing price of a sample size home is less than $65,000 ($64,110).
  • The top 10 most expensive markets in the country are all in California, with 7 out of 10 located in Silicon Valley.
  • The national average for a sample size home is $320,120. That price can buy a four-bedroom, two-bathroom home in nearly 1,300 markets (1,289) across the country.

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What’s Happening in Saratoga – The Country’s Most Expensive Market:

  • Saratoga is the most expensive market in the country, where the average listing price for a four-bedroom, two-bathroom home is $2.5 million ($2,453,718)
  • Our agents are finding that the average sales price of all homes in the area, regardless of size, is $2.2 million right now
  • Prices are driven by a strong demand for homes, coupled with low inventory
  • The market had 2.4 months of inventory in July average supply of inventory is around 2.4 months
  • Anecdotally, when people put a home on the market in Saratoga, the expectation is that it will sell within three weeks; average days on market is 25 so far in August
  • Saratoga has been an exclusive area of Silicon Valley since it was developed, with lot sizes larger than other neighboring towns
  • Buyers are attracted to the area’s nationally ranked public schools, cultural diversity and country-feel
  • The city is mostly home to business executives and their families, with the technology industry being a major employer with nearby companies like Apple, Google and Facebook

 

What’s Happening in Detroit – The Country’s Most Affordable Market:

  • Detroit is the most affordable market in the country, where the average listing price for a four-bedroom, two bathroom home is less than $65,000 ($64,110)
  • The city of Detroit has been experiencing a Renaissance in the last 3 – 4 years. Investors like Quicken Loans founder, Dan Gilbert, have put billions of dollars into the Detroit real estate market, developing a thriving downtown area
  • Demand for housing in Detroit itself is very high, especially for apartments and condos
  • Buyers — and millennials in particular— are attracted to the city’s walkability, booming downtown and culture
  • In recent years there has been a resurgence of young professionals moving to the city who are interested in the urban pioneer-feel to Detroit

Detroit’s Eastern Market, the largest historic public market district in the United States, is a big draw for city-dwellers. With plans to expand its footprint to more than five times its current size by 2025, the market is sure to attract new buyers to the area

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Alexandria MN Real Estate

July continued to improve in the Alexandria, MN real estate market. We saw an increase in our Average Sales Price, likely due to the lack of inventory. A major turn was the number of homes sold in July. A very small number overall, but still showing our market is healthy. Interest rates are remaining low which allows people to purchase more home than they maybe originally planned. I recently had a client get a conventional loan product for 3.125% over a 30 year term. Incredible! Here’s to finishing the year strong!

More Alexandria Real Estate Numbers

July 2016

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2016-June

June continues to move our local real estate market into a hot seller’s market. The time to sell is now! With limited homes on the market and decreasing time in our average Days on Market (DoM), the time to sell is NOW! As expected the average sales price continues to rise and thus bringing our average up as well. The laws of economics prevail when the supply is low, the demand is high and there is no difference when we discuss the Alexandria Real Estate market.

We’re officially half way through the year and we’re seeing great results for our sellers. If you are considering selling your home, now would be a great time to have the conversation! Give me a call and I would be honored to work with you.

More Alexandria Real Estate Numbers

June 2016 Graphs

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The rise of Smart Home technology is overwhelming for many consumers, me included. Between thermostats, light bulbs to garage door openers, the options are endless. At Coldwell Banker, we set the stage together with CNET to define a smart home. Missed the post on what a Smart Home is, check it out here! If you’re ready to start flipping the switch on smart home technology, here are a few ideas for you from your trusted source of innovated real estate solutions, Coldwell Banker.

Smart home: A home that is equipped with network-connected products (aka “smart products,” connected via Wi-Fi, Bluetooth or similar protocols) for controlling, automating and optimizing functions such as temperature, lighting, security, safety or entertainment, either remotely by a phone, tablet, computer or a separate system within the home itself.

In order to be categorized as a smart home, the property must have a smart security feature that either controls access or monitors the property or a smart temperature feature, in addition to a reliable Internet connection. It must also include at least two additional features from this list:

  • Lighting (smart light bulbs and lighting systems)
  • Safety (smart fire / carbon monoxide detectors and nightlights)
  • Entertainment (smart TVs and TV streaming services)
  • Appliances (smart refrigerators and smart washer / dryers)
  • Heating / Cooling (smart HVAC system, smart fans or vents)
  • Outdoors (smart plant sensors and watering systems)
  • Security (smart locks, smart alarm systems or cameras)
  • Temperature (smart thermostats)

Flipping the Switch on Smart Home Ideas

Smart Home for Beginners

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Smart Home Technology

I completely forgot to share this back in May, but the rise of smart home technology is continue to grow and surprise me with how awesome the products have become. The smart home technology space it completely new to consumers and the real estate industry. It’s important for everyone to be able to communicate about these amazing products on a consistent basis by a consistent definition. Coldwell Banker together with CNET worked on defining “The Smart Home” for all consumers to be informed. Below is a copy of the press release on the definition, you can read the entire release here. The new definition creates a clear designation for real estate agents, home buyers and home sellers!

Coldwell Banker’s Press Release on Smart Home Definition

Coldwell Banker Real Estate LLC , the original Silicon Valley real estate start-up founded in 1906, in collaboration with CNET, the world’s largest and most trusted online source of consumer technology news and reviews, announced today a joint definition of the term “smart home.” The definition is the first of its kind in the real estate industry and will help sales associates, as well as home buyers and sellers, accurately identify smart homes. The definition will provide a clear and unified designation designed to keep up with rapidly evolving technology in the home. Property listings that meet the definition of a smart home will be identified with an icon on coldwellbanker.com, allowing prospective home buyers to easily search for smart homes on coldwellbanker.com.

“With close to 5 million homes bought and sold in the U.S. each year, it is imperative that there are standardized guidelines for identifying smart homes on the market,” said Sean Blankenship, chief marketing officer of Coldwell Banker Real Estate LLC. “The new smart home definition will allow our network of independent sales associates to educate their home buyers and sellers regarding what defines a smart home and how the technology is making our lives more comfortable and convenient. We worked with CNET and tapped into the findings of their smart home testing facility in order to create a definition that is easy to understand and representative of the best smart home technology.”

As demand for smart homes steadily increases, a consistent and clear definition is crucial. The technology experts from CNET and the real estate professionals from Coldwell Banker Real Estate worked together to create a definition that captures the complexities of the rapidly evolving technology landscape and provides clarity for a mass audience. This definition is part of the Coldwell Banker Real Estate initiative to embrace smart home technology through an agent education program, a dedicated online search tool to help home buyers find smart homes, research with CNET and sponsorship of the Smart Home Marketplace at CES.

Eighty-seven (87) percent of Americans acknowledge the value of smart home technology, but only one in four has this technology in their homes. The term ‘smart home’ can be intimidating and overwhelming. We want to make it easy for everyone to better understand what a smart home is, in order to simplify the process in helping them choose the right devices for their homes,” said Lindsey Turrentine, Editor-in-Chief of CNET.com. “Smart home technology today is fragmented, much like the PC industry 15 years ago. An official smart home definition for consumers and realtors will provide clarity and credibility to the term.”

The full smart home definition is below:

Smart home: A home that is equipped with network-connected products (aka “smart products,” connected via Wi-Fi, Bluetooth or similar protocols) for controlling, automating and optimizing functions such as temperature, lighting, security, safety or entertainment, either remotely by a phone, tablet, computer or a separate system within the home itself.

In order to be categorized as a smart home, the property must have a smart security feature that either controls access or monitors the property or a smart temperature feature, in addition to a reliable Internet connection. It must also include at least two additional features from this list:

  • Lighting (smart light bulbs and lighting systems)
  • Safety (smart fire / carbon monoxide detectors and nightlights)
  • Entertainment (smart TVs and TV streaming services)
  • Appliances (smart refrigerators and smart washer / dryers)
  • Heating / Cooling (smart HVAC system, smart fans or vents)
  • Outdoors (smart plant sensors and watering systems)
  • Security (smart locks, smart alarm systems or cameras)
  • Temperature (smart thermostats)

Must Have

Category Examples
Internet Connection Cable, satellite or DSL

Must Have At Least Three
*One of the categories must be security or temperature

Category Examples
Lighting Smart light bulbs, lighting systems
Safety Smart fire / carbon monoxide detectors, nightlights
Entertainment Smart TVs, TV streaming service
Appliances Smart refrigerators, smart washer / dryers
Heating / Cooling Smart HVAC system, smart fans or vents
Outdoors Smart Plant sensors, smart watering systems
Security Smart locks, networked security cameras
Temperature Smart thermostats

 

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I hear it all the time, “why do I need a Realtor?” Some people think they can do it on their own, while others simply believe the entire ‘Realtor Community’ is just out for ourselves. The sad part in this is that both of those groups of people are right. The National Association of REALTORS®’ (NAR) total membership for May 2016 month end is 1,187,786. That’s a lot of people who think they can sell real estate and think they’re good at their job.

In my experience, most Realtors are good people who are looking out for their clients. My goal as your agent is to protect you during one of your biggest purchases in your life. Why would you not want someone beside you who knows how to transfer real estate. The favorite part of my job is serving all the people involved in the transaction: your mortgage broker, your title company, your attorneys, your inspectors, your appraiser, etc.. The list is long and how great is it that I get to serve you by handling all of these people with little interruption in your every day life! It’s simply awesome!

Now the real deal, if you’re a numbers person like I am than these statistics will be great news for you! Check out a small selection of reasons why you should hire a Realtor to work for you!

Here are 16 Reasons You Should Hire a Realtor!

why hire a realtor

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