More 2021 Speculation
I’ll probably be on a blog rant for a few weeks until I can get my head around this sharp market turn. Since my last post about the craziness, I’m still losing offers to the tune of 20k+ over list price multiple times a week. I’ve started doing some polling to get a little deeper into the data thoug
The Frenzy of 2021
I find myself telling the same stories over and over, and need to just put these in a blog post. Guys, this market has been hot for awhile, but it’s just achieved bonkers status in the past week or so. We ended November at .9 months of inventory (I hear near 6 months would be at equilibrium), but I’
A Great Lender
I wanted to take a little blog space here to recommend my favorite lender. We even bought our own home with him last year. My wife and I are high volume realtors and get the chance to work with a lot of great lenders. At the time we pitted him against our other favorite lenders and he won on best pr
Platinum Top 50 Annual Awards
Our team continuously strives for excellence, and recently, two of our agents were recognized for their hard work and achievements. We are proud to congratulate Hillary Smith and Jeremy Smith on being named Platinum Top 50 finalists this year! PT50 is the most prestigious award, recognizing resident
What in the world happened in 2020? And WHY?
If you’ve been watching the stats this year on our blog and Facebook page, you’ve seen some amazing numbers Austin has been putting up. Who would have thought this would have happened, when we were in full panic mode in March! If you bought your home this time last year, your home could easily be wo
Why Choose HomeSmith?
I know there are thousands of realtors to choose from. When my clients move to other metro areas, I’m often tasked with finding them their next realtor. Naturally, I’m looking for a realtor like myself in many ways because I believe myself to be among the best. Here’s what I’m looking for, and also
The Smiths in 2020
What a year, right? A lot of us will remember 2020 as a year simply endured. I personally don’t cage well. I’m the type of who likes to get out everyday and keep moving. Still, it’s always best to look for things to be thankful for. Although it took probably 3x the amount of normal hustle to do the
Why Buy Now?
I’m always self conscious about how much I might sound like a cliche TV show realtor, prodding people to “BUY NOW!” When that is actually the appropriate advice though, I always try to make that objective. First, glance at these two infographics at the bottom for lots of aggregate data. Notice these
A Ridiculously Buyer Favored Process
We work with a lot of people moving to Austin from other states. Although I’m by no means an expert in the contract processes elsewhere, I have had the opportunity to make some observations and say that the Texas real estate contract forms are much more in the favor of the buyer than other places. I
What Does a “Seller’s Market” Mean?
They say that for a market to be at equilibrium there should be about 6 months of inventory. More than 6 months is traditionally considered a buyer’s market, and below that is considered a seller’s market. When you’re in a market with 2 months of inventory or below, like Austin, that means that esse
Which Way Are Things Going To Go?
Everything that’s happening in our world right now is so unprecedented. None of us know what to expect even for the next month. For that reason, I’m reading ten times as many articles and watching the stats more closely than ever before — as often as I can get updates. I think we’re all just looking
What Do Open Houses Actually DO?
My seller clients sometime ask me “are open houses worth it?” It’s often said that it doesn’t do much and realtors only hold them because it benefits themselves not their clients. While there is SOME truth to this, I’d like to offer some alternative commentary. I’m a high volume realtor, consistentl
The 2020 Bi-Annual Awards
In these pandemic times, there are no formal award ceremonies, but advertising our resume accolades is still a big part of a realtor’s job. The logic is that an agent that is successful at selling so many homes for other people will also be the best equipped to sell my home. He/she will bring that p
Other Takes on April Statistics
Here’s another well written Corona update by Bramlett Residential. Again, I don’t think content has to be written by me or my own brokerage in order to be shareworthy. I just want to be helpful! _______ We hope you’re doing well and staying safe. We received the full April 2020 market statistics fro
My Take on April Statistics
This (below) is why I’m not worried about Austin real estate. In a month as awful as April, it was still only this bad. There’s a hundred reasons to be bullish about Austin, which is a speech my clients have to endure too often. 🙂 Besides steady job creation, stable cornerstone industries, and a hi
Corona Castles in the Sky
The past couple of months seem like such a loss that, if you’re like me, you’re just looking for something to show for it. How much has the bar been lowered when your list of month’s accomplishments consist of the number of shows completed or nintendo switch games you beat (I think somewhere around
Covid19 and Past Recession Impacts on Real Estate
I don’t have to be the author in order to acknowledge really great content when I see it. Often merely being a curator is the most helpful thing I can do. I follow a lot of newsletters and blogs related to Austin real estate, and this article is a head above the rest, worth sharing. With permission,
The HomeSmith Awards
Under quarantine, you find yourself embarking on more non-essential exploratory tasks than normal. You’ve no doubt seen countless realtors with row after row of awards and accolades in their signatures. It’s just our special way of saying, “Work with me, I’m a winner! I’m really experienced!” These
HomeLight Achievement
We’re grateful to HomeLight for recognizing and awarding our hard work. Real Estate agents earn this award when they rank in the top 5 percent of agents in their area based on historical real estate transaction data. Each year, HomeLight awards agents at both the local and national levels for excell
Coronavirus and Real Estate
So, I was in the large group of eye rollers for the past few weeks while everyone’s been clamoring that the sky is falling. Now I see how coronavirus is affecting my own business, and how recession is almost inevitable. I see that the societal pain this is causing is quite possibly a more fearful th
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