Hope you guys enjoy the preview. Thanks for all of the (mostly positive) feedback.
The enews letter mentioned recently is still free to receive.
FREE SUBSCRIPTION LINK BELOW
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Hi Friends and Followers of the Weekly Silver City Realtor Tour,
The Realtor Tour from Wednesday 7-29-2009 included 6 listings.
This is what I call the CENTRAL Tour. Today's tour was about 14 miles and took slightly over 1 hour to complete. There were 4 site built homes, 1 manufactured home, and one commercial property on today's tour. About 15 professionals were on tour today.
DISCLAIMER ABOUT THIS ENEWS: I am a Realtor Broker by profession. However, I will try to put myself in "Buyer" mode, and may take a less professional view when commenting. "I'm a potential buyer seeing this home for the first time"
In some cases my opinions will actually be on a first visit or a first viewing basis, and hopefully these "from the gut" comments will approximate one of the many unique buyer profiles which we regularly get in our market.
"Buyer's Comments" are provided for informational (and entertainment) purposes only, and do not reflect any professional market analysis*.
NOTE: A professional analysis* of listed property is available at no cost to existing and new customers. Let me know how I can help.
OVERALL TOUR RATING (see Legend below): WWTE Better than average selection of homes, including a couple of interesting homes from my favorite part of town near University and in Historic district.
Tour started at Remax. Food Score = B+
My oh my. Was that P.C. from CB at tour today? Better check my temperature, as I may be "havin lusions"......
Food review: Burritos always make a great start to the day. Looks like someone has been reading my enews where burritos have been a regular subject. (Actually it was a lack of burritos that was the subject of previous enews discussion)
Add in some Broker home made muffins (nice job Debbie), coffee, and juice, and a smile comes to my face. I dropped my muffin off the plate while opening my car door (I used the 5 second rule), and this made for a questionably slow start to the morning caravan. I had to do some catching up, but was fully up to speed by the time we left the first stop.
VROOOOOOOOM! Let's hit the road.
Buyer's Comments: (see disclaimer)
1. MLS 26204 908 Hudson
http://www.dreamhomenewmexico.com/listingview.php?pclass=comm_prop&listingID=7197
Listing Agent Remarks: GREAT BUSINESS LOCATION WITH PLENTY OF TRAFFIC, GREAT SIGNAGE, AND AMPLE PARKING!!! There is plenty of potential uses with this property and it is priced to sell. The buillding has recently been remodeled and the heating, cooling, plumbing, and electrical has been replaced. There is ample room for approx. 10 vehicles in the parking lot above the building. The building could easily be partitioned and each side would have a separate bathroom and its own entrance. The high visibilty billboard could even be leased out for extra income.
Buyer Comments: I think this is a good business location. I'm just not certain what kind of business could use the design as is. Separated into two units with individual bathroom servicing each side, this is rough and in need of much TLC. A tear down or start over on first look, but too many upgrades were added to justify starting over. Wish they had looked at floor plan before upgrade. Still there must be some potential if bought at the right price. Long term investment opportunity here. MTC
2. MLS 26118 304 / 306 Cooper St
http://www.dreamhomenewmexico.com/listingview.php?pclass=multi_fam&listingID=1307
Listing Agent Remarks: COMMERCIAL DUPLEX DOWNTOWN, CURRENTLY RESIDENTIAL USE. Two 1Bd/1Ba units each with bonus room/office, covered porches, parking in the rear. Perfect live/work opportunity, convenient historic district location.
Buyer Comments: This duplex situation cries out "gimme a break" on price. $900 a month total gets a crappy CAP Rate and a NO GO for this investor. It maybe considered historic, but I think "history" is more appropriate. DNMI with reservation. Since there are so few duplex situations in the area, I guess I'd have to see what is there if I were looking multi family.
3. MLS 26040 502 W. College
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=52639
Listing Agent Remarks: One-of-a-kind home with historic elegance, right next door to the WNMU campus. Includes 2 guest-houses (one needs work to be usable) - a third larger guest house (currently rented) is available too,(but not separately) for a total price of $625,000. Wonderful older home in fine condition, with beautiful landscaping and private yard for entertaining.
Buyer Comments: Sharing the college campus commons (not on campus but adjoining in the true sense) is this large, potentially profitable, historic home with 2 other cottages included. Confusing floor plan from Hxxl when first viewing. Kitchen here, there and living space here, there, and everywhere. It seems this was set up for several "teachers" or "adminstrators" each having their own living space withing the main home. Add in a couple of rentals, and this could be an excellent rental or live / rent opportunity. GREAT LOCATION! Need some cash to see full potential. MTC
4. MLS 26215 1019 Santa Rita St
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=52730
Listing Agent Remarks: Behind the garden walls.....lies the Frank Coons Home - a most special historic craftsman home designed by G. Stickley. Double brick construction, lush gardens (watered by private well), wood floors, many built-ins, most windows are orginal glass, original claw tub, fireplace and so much more! The epitome of the historic home. Featured in "Built to Last". Own a piece of history now!
Buyer Comments: Cool! Love the setting, and the house still has much of it's historic charm. Appears well cared for, and ready for the privacy seeking lover of the University area and a home with Historic class and charm. MTC
5. MLS 25688 1732 Georgia
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=52486
Listing Agent Remarks: This 4 bedroom, 2 bath is close to the University & sits on a corner lot. Painted interior & exterior in 2008. Private patio off the Masterbedroom. Storage bldg/workshop. New carpets in July 09
Buyer Comments: Hmmm. What's that smell? NO it's not animal doo or pee. For some it's not unpleasant at all, but you can tell that there is brand new carpet in this home. A few weeks of airing out will take care of that suitably I imagine. A large house with what feel like larger than average sized rooms for this area. This looks like a typical flip with typical upgrades (paint, carpet, etc)... MTC
6. MLS 26185 3202 Royal Drive
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=52714
Listing Agent Remarks: Very nice home. Large Kitchen with island and computer center too. Home is taped and textured in livingroom, Diningroom and Masterbedroom
Buyer Comments: Clean, neat, and tidy. Maybe the cleanest on tour today, and there were several comments on how well it shows. A Mfg home with no landscape in a reasonably ok area. If I were looking manufactured, I would want to see this 3-5 year old well maintained home. MTC
TOUR OVERVIEW: Overall, a decent tour in what is considered one of Silver's "popular" areas.
That's this weeks tour. See you next time.. Archer
I hope you are enjoying the Realtor Tour Newsletter. Let me know how I might do this better. Suggestions are always welcome as are your referrals to friends who need real estate and mortgage help. Hint Hint Nudge Nudge
Silver City Dream Home Website FREE and NEVER ANY REGISTRATION all day - everyday - updated every 24 hours - The very best user friendly site for this area.
Subscribe to the Monthly MLS Statistics news too. FREE Details on prior month's sales, listings, under contracts, expired and withdrawn listings. Receive once a month in email format (and unsubscribe at any time)
TOUR LEGEND:
MTC Property Makes the Cut - I will show it to any and all of my customers interested in this market
DNMI Property Did Not Make It (the cut). Generally a property that does not hold up or compete well in the current market. Will show to customers who specifically request seeing it.
TBD (Property / Tour) To Be Determined once I have visited the property personally or get reliable source feedback.
WTE Tour: Worth the effort to attend.
WWTE Tour: Well worth the effort to go on tour. Overall a good set of properties are visited
YAWN - Tour: Wake me when it's over. Wish I had slept in and saved the gas.
How about a different view. Click Here!_____________________________________________________________________________________
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Thursday, July 30, 2009
Thursday, July 16, 2009
FREE Silver City - Read today by Permission
wITH MY COMPLIMENTS. eNJOY THE EnEWS
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Health & Wealth & Happy Living
| In Service New Mexico Volume 1 Issue 3 | |||||||||||||||||||
View Unofficial July 4th 2009 Parade Best Float Award
Serve selflessly without expectation and take the fast track to bountiful reward.. ---aarcher-->
Real Estate Ramblings: Realtor Tours - vrrrroooooom
Let me set the scene.
If you think that the next door neighbor is getting busted because a dozen cars just pulled up in front of the house and people are streaming towards the house like a swat team. Look at the cars and the clothes being worn If most of the cars have signs that say "Real Estate" or "Realty" instead of Police, DEA, or "Sheriff", and if you don't see bullet proof vests, well...
......You know, it might just be Wednesday.
...And it might be Realtor Tour
It's Wednesday morning and about 15 minutes or so before 9:00 AM. I look around to see some of the same faces with other familiar faces arriving in irregular intervals. Nod head, smile, good morning.. repeat. repeat again. repeat again. (Remember Monty Python's Meaning of Life?)
Smile is best for me. It makes me feel good to smile, and it allows me to better concentrate on the task at hand. Fare (food) Review is on the agenda and takes highest priority. The Real Estate offices take turn hosting the weekly tour, and in turn serve as the caravan's starting location. Our host (I hope it's Hacienda Realty cause they always have Don Juan's burritos, pastry, as well as rabbit food, fruit and juice) has laid out food and drink which we happily eat and drink before we roll out (caravan style) to look at other folks dream home listings. By ten of nine, a thorough testing, sampling, and oral review of the morning's fare which usually also includes coffee, juice, and water has started. The spread will set the tone for the ride..
You hear lots of chat between chews about current events and such, with most conversations moving naturally towards real estate in some manner, shape or form. For folks working in such a tough business and in what are certainly tougher than normal times for an industry, it is always good to see sincere smiles and hear genuine laughter at these informal formal Realtor gatherings.
At precisely 9:00 AM (ok, close to precise by New Mexico time standards), the dozen to two dozen active Realtors that will be touring that day, leave talk and grub behind like it was the plague, and move quickly outside. It's not too far fetched to say it's a bit like "gentlepersons start your engines" and with virtually no dallying or delay, everyone approaches the starting line.. Vrrrroooooom. Each vehicle pulls out when ready, and each driver willingly accepts their position in the caravan. (Yep. Some carpool - Go Green - Some prefer or need to drive solo as circumstances and productivity dictate)
The Tours are scheduled by general area, making it easier to see more homes in a short period of time than would be possible if they were scheduled by order of listing date. We have tours labeled like "WEST" EAST" "SOUTH" "MINING" "MIMBRES" or such.
Last week we toured WEST (one of my favorite tour areas).
Many of us carry a print out of today's tour to be kept close at hand for EZ reference. It's a navigation aid, which provides addresses and directions to the homes featured on tour plus provides the order we will be seeing each property. I use a clipboard to hold my "tour map" and find it useful in making notes before heading to the next stop. When there are 5-8 homes to view, making notes about the property before leaving while the information is fresh in the mind's eye is an effective and useful technique.
Disclosure: I have KISS Navigation onboard
To be honest, if it's not my listing that's getting shown at the next stop (in which case I make a concerted effort to be waaaay out front of everyone else), I prefer to hang in the middle of the pack I just move along Lemming style, and turn where everyone else turns. KISS navigation means Keep It Simple Stupid.
So here we are... There may be 5 to maybe a dozen vehicles, most with magnetic or other real estate signs clinging to their sides, and each occupant participant is hoping to get through a half dozen houses in an hour and a half or so. (The Mimbres and Gila / Glenwood property tours generally require lots of "travel time" and these out of town tours see noticeably fewer participants on those tours because of time needed to complete.)
The real estate organism snakes out and joins the town's stream of traffic. The caravan heads for today's #1 stop.
Warning to Sellers with a house on tour. Just get out of the way if your house is scheduled to be on tour - You run risks of being bowled over or run down if you decide to be home when "it" arrives. Here's what you might see at a typical stop. The first car arrives, usually with a broker who carries keys and the "paper" (listing information handouts and feedback sheets). By the time the door is opened, a few are already pressing behind and are waiting on line patiently (impatiently if the door doesn't unlock smoothly or if the listing broker forget where the house was located). More of the caravan trickles in with most now onsite. Late arrivals struggle to find parking, and passengers and drivers from recently parked vehicles spill out onto the turf.
(continued below)
FREE MONTHLY SALES AND LISTING STATS - in email form (using the Calendar month). If you prefer more meat with more detailed information than we post here each month, you should request the FREE MONTHLY MLS Stats eNewsletter. (You will never be charged for it as a charter member subscriber)
Send an email to: mlsmls@dreamhomenewmexico.com with the word SUBSCRIBE as the subject:. No obligations and cancel anytime by changing email to Subject: UNSUBSCRIBE.
>> Tour continued>>
Once inside, a seeming disorganized madness is taking place. It's an "excuse me, excuse me" and "comment, comment in passing, comment" Grand Central Station, and we turn sideways, stop / go, and let someone else go by from the other direction. Nod, wink, nod, wink, smile as we tour the house and squeeze by each human obstruction we meet. For a few brief moments, the process must appear unorganized and scattered, and without rhyme or reason. But just as it started, it crescendos and then.. well it's over as quickly as it started. The listing agent usually solicits feedback as we dash back to the starting line to get position for the next leg. Hope a strategically placed business card gets noticed there amid the other cards scattered about the house today..
A word about the quick viewing of a house. Ok. I can hear still hear one of my Seller's ask "What the Hxxl was that? What do you guys get out of seeing a home in only 5 minutes?"
Well. That's the beauty of it. And I wish I could tell you how much seeing the home can help rule in or rule out a property based upon some very specific desires, needs, or wants of a customer or client. I feel I know what is important and of value to the customers that I work with. I also know how to effectively scan a house even briefly and still have good focus on those features and differences (that in my professional eye) are most important to customers. I believe the tour is far from the unorchestrated madness it might first appear to be, and is an efficient method of getting large numbers of real estate professionals up to speed and personally involved in the inventory of local properties for sale..
Realtor Tours are services (considered Seller optional) that most savvy Listing agents will use to get a property in the eyes and minds of the local Realtor population. I encourage most of my customers to have me put their home on tour for the world to see (so to speak). Photos will rarely substitute adequately in generating a feeling for a feature or point out something that could be significantly important in the selling of your home. I like to feature the home when we first list it, and a second time if substantial changes to the home warrant a second tour viewing (a major remodel would probably rate a re visit tour).
4th of July Celebration - It Starts with a Parade
Decent crowds. Good Weather. It was especially nice this year with fans and friends highly supportive of the participants who worked so hard to put together their "floats". Ok, I agree there were few floats in the traditional sense, but it's hard for me to change to entry at such a mature age ( after using the former term since the dark ages)..
Video Note: This is not an official entry and not a float in the traditional sense either, but it seemed to be the hands down, crowd favorite, where we were sitting. An unbiased group of judges verbally announced this the winning entry. Numerous unhuhs and you bets confirmed our choice of winner.
Several other videos and photos are available for your enjoyment. Who do you see that you know? Many familiar faces in the crowd.
TRIVIA Contest: “EVIL SPELLED BACKWARDS IS LIVE?” THIS IS MONTH 3 - CLUE #3, - STILL NO WINNER!!!
A prize if you know what establishment in Ft Worth Texas used this phrase as their unofficial slogan… They was a “branch” in Houston and one in Big “D”… 1. These long established businesses “coffee shop type clients” started late 50’s and were pretty much dead by mid 70s… 2. All branches have been closed for many years, but musicians who frequented the establishment still talk about the quality of player that walked through the doors there. 3. Johnny Winters was not allowed in to play as he did not fit the appropriate character standard as enforced
Remember It Is Fire Season. Smoke from fires is visible from Silver City, Winston, and Chloride. Always be careful with fire when in the great outdoors. It's important for home owners living near forests and heavily wooded areas to leave defensible space around your structure. A lack of defensible space may be enough to "red x" your property and mark it as "not to be defended against advancing fires. Contact your local fire department (probably a volunteer department will serve the most forested and most impacted areas) for steps to defend your place.
I was able to learn the basics of defensible space when serving as an officer for the Sapillo Creek Volunteer Fire Department in Lake Roberts (north of Silver City about an hours drive on hwy 35) I can help you understand the basics of DS if you have questions about fire dangers and your mountain or forest home..
Health Food for The Brain — You can quote me on that!
"A healthy body is a guest chamber for the soul: a sick body is a prison"
Francis Bacon (1561-1626) July's QUOTE submitted by: gilaranchhand
PLEASE Submit your favorite quote. Email to send: quote@dreamhomenewmexico.com
Don't You Want to Know What Your Neighbor's House was Listed or Sold For?
Ever wonder what the house up the street Listed or Sold For? Have you been thinking of Selling soon? Do you want to know what your house is worth in today's market? How much equity do you have in your home? Please call Archer 575-388-1921 #17 for details. No obligations!
(or you may have them reply to news@dreamhomenewmexico.com with “subscribe” in the subject line.)
Win “Silver City” Silver!! Free to Play - No Catch
RULES: The first 2 people to email with the correct answer will receive a genuine US silver coin minted before 1965.
June's Trivia question and Answer: One Winner! There is a famous black and white pottery made by one of the pre historic people that inhabited the upper Gila regions of new Mexico. What is the group accredited as the creators / potters of this very collectible, highly decorated black and white pottery? .
What is the name given to the group? ANSWER! People of the Mimbres culture.
Congratulations - gilaranchhand
July's Trivia Question:
What method of property survey system uses Benchmarks, Landmarks, and where the survey starts and ends at the Point of Beginning)?
submit answer by email: dreamhomenm@gmail.com
Silver City NM Market Statistics from MLS database:
30 Days (through 7-15-2009)
¨ New Residential Listings — 43 *Average Selling Price — $141846.00
¨ Residential Listings Sold* — 16 *Average New Listing Price — $161237.00
¨ Residential Under Contract — 20 NOTE: Market Soft — 30 days down trend
¨ Withdrawn / Expired — 24 Price Reductions — Uncharted (but there were many)
Charter memberships are still available. Subscribe to the monthly Silver City MLS eNews.
It's still Free - Charter members will never be asked to pay for the subscription. Limited Offer!
Send email to mlsmls@dreamhomenewmexico.com with the word "subscribe" (without the quotes) as the subject line.
Think Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Green Greenr Green Green Green Green Green Green Green Green
It’s the way we should all be thinking
Please See Video Learn how the program works for you and for the environment We must become part of the solution and not the problem! Education - Awareness - Care - Consideration - More than Self
Solar Power Rental — More Good News for The Environment
Proud citizen sponsor and loyal supporter of Mother Earth galactic alliance.
Ambassador from 3rd Stone from the Sun provence.
In Service To Others, we will know freedom in the truest sense.
There is but one way to the truth. (This is not a religious advert)
Past events and missed opportunities don’t matter. Future hopes and desires may be false as well. There is only “the now” and that mind is what matters. Observe the now mind. Live in the NOW to really Live.
Viva Verde Expo was a big success. (Grant County Friday June 26 - Sunday June 28)
visit vivaverdenm.com
"More than 550 people attended the first Viva Verde Expo to learn from more than 40 local and regional experts about sustainable READ MORE
Spanish Phrases For July:
Me entiende/entiendes? Can you understand me?.
Entiendo. I understand.
Me voy manana a las ocho. I'll be leaving tomorrow morning at eight..
Thank You for reading this issue of “In Service - New Mexico” newsletter. I hope you enjoy the issue, and I would appreciate your feedback too. How can I make this more valuable? What subjects would you like to see in a future issue? We will experiment with the format until we find the right mix for our readers.
Do you have something you would like to publish. Articles up to 500 words may be submitted for publication in a future issue.
AND …. if you are considering buying, selling, or financing real estate, Or if you want to stop in and just say “Howdy”, I’d like to hear from you too… Your referrals are important to me too
Receive a free gift for each referral made.
Alan Archer Qualifying Broker — in Service New Mexico
575-388-2875 Home Office—Message Line
575-388-1921 Extension #17
Questions or comments? E-mail us at dreamhomenm@gmail.com
Archer and Dream Home New Mexico are affiliated with Hacienda Realty GMAC
Wednesday, July 8, 2009
"Free Online Issue" The Silver City Realtor Tour eNEWS 7-8-2009
SNIPPED FROM ENEWS WITH PERMISSION (Free subscriptions for a limited time*)
Hi Friends and Followers of the Weekly Silver City Realtor Tour,
The Realtor Tour from Wednesday 7-8-2009 included 7 listings. This is what we call the WEST Tour. Today's tour was 30 miles and it took about 1 3/4 hours to complete. There were 6 site built homes, and 1 Manufactured home on today's tour.
DISCLAIMER ABOUT THIS ENEWS: I am a Realtor Broker by profession. However, I will try to put myself in a much less professional view in an "I'm a potential buyer seeing this home for the first time" mode when commenting. In many cases my opinions will actually be on a first visit or a first showing basis. Hopefully these "from the gut" comments will approximate one or more of the many unique buyer profile comments which we regularly get in our market.
OVERALL TOUR RATING: WWTE - With Prices tending towards the high end. Above average condition and quality homes in today's mix.
"Buyer's Comments" are provided for informational (and entertainment) purposes only, and do not reflect any professional market analysis*. NOTE: A professional analysis of listed property is available at no cost to existing and new customers. Let me know how I can help.
Location Location Location. We all love the tall pines and homes with forest access, and this is how we started today's tour.
Buyer's Comments:
1. 25837 94 Wagon Wheel Lane
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=525389 miles out of town in the very heart of tall pines adjacent to National Forest. Top of the line everything, including price at $989K. Mother nature provided the fantastic setting, and original Owners appear to have done this first class all the way. One - Two year old home looks fresh throughout. This is one home that you may really fall for. Beware of finding Your Dream Home as it may be necessary to pay the asking price to get it. If lifestyle and comfort are more important than cost, you will want to see this one. MTC (with some price reservations)
2. 25965 3705 Hugh McKeen
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=52609Attached guest house with separate walk way and entrance with handicap features and access. A perfect "Mom / Dad's getting kind of old and maybe would move out here with us" situation. Family and a bit of clutter make it difficult to get a feel for how my stuff might work here. MTC
3. 26090 4261 Blackhawk
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=52658Rough exterior does not follow inside. Pleasant feel upon entering. Nice panorama views (also over views of neighborhood) as house has good position on high point above much of Indian Hills. MTC
4. 25998 4118 Half Moon Circle
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=52626Wow real grass. A small attractive patch in front and larger plot in back. Very nice workshop and storage area. It has what I look for in a shop, and will work just fine for my needs. MTC
5. 24525 501 Kachina Circle
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=51886What a peasant surprise here. I remember showing the property and sort of ruled it out as kind of shabby. I remember it needed a good cleaning. Guess what. The owners have not only cleaned, but they have done a very nice job of repainting the interior. This is up for showing, and I will keep this one in mind as a "definite show" upgraded from a "possible show" MTC
6. 26091 3505 Los Encinos
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=52659Couldn't they have squeezed another couple of homes into this block? Where's my yard end and my neighbor's yard start? Nice home inside, and it dioes feel private in the house. Just too close to the neighbors for me. I need breathing room. DNMI for my average customer (but MTC for X-condo and X-apartment dwellers or folks who desire the closeness of neighbors for safety reasons)
7. 26096 6 Maplewood Circle
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=52663Double Wide Mobile Home on a nice lot in Oakwood. Interior clean and neat with what seems like the normal floorplan and regular building materials. Think I would find plenty of use for the attractive patio and back yard areas for cookouts and outdoor living. MTC
That's this weeks tour. See you next time.. Archer
I hope you are enjoying the Realtor Tour Newsletter. Let me know how I might do this better. Suggestions are always welcome as are your referrals to friends who need real estate and mortgage help. Hint Hint Nudge Nudge
Till next time... Alan
Silver City Dream Home Website FREE and NEVER ANY REGISTRATION all day - everyday - updated every 24 hours - The very best user friendly site for this area.
Subscribe to the Monthly MLS Statistics news too. FREE Details on prior month's sales, listings, under contracts, expired and withdrawn listings. Receive once a month in email format (and unsubscribe at any time)
LEGEND:
MTC Makes the Cut - I will show it to any and all of my customers in that market
DNMI Did Not Make It. Generally a property that does not hold up or compete well in the current market. Will show only to customers who specifically request seeing it.
TBD To Be determined once I have visited the property personally or have reliable source feedback.
WWTE - Well worth the effort. Overall a good set of properties are visited
YAWN - Yawn. Need I say more? Wake me when it's over.
The Paragon View of the tour may be seen by Clicking Here
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FREE SUBSCRIPTION WEEKLY REALTOR TOUR eNEWS
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FREE SUBSCRIPTION MONTHLY SILVER CITY IN SERVICE eNEWSLETTER
Hi Friends and Followers of the Weekly Silver City Realtor Tour,
The Realtor Tour from Wednesday 7-8-2009 included 7 listings. This is what we call the WEST Tour. Today's tour was 30 miles and it took about 1 3/4 hours to complete. There were 6 site built homes, and 1 Manufactured home on today's tour.
DISCLAIMER ABOUT THIS ENEWS: I am a Realtor Broker by profession. However, I will try to put myself in a much less professional view in an "I'm a potential buyer seeing this home for the first time" mode when commenting. In many cases my opinions will actually be on a first visit or a first showing basis. Hopefully these "from the gut" comments will approximate one or more of the many unique buyer profile comments which we regularly get in our market.
OVERALL TOUR RATING: WWTE - With Prices tending towards the high end. Above average condition and quality homes in today's mix.
"Buyer's Comments" are provided for informational (and entertainment) purposes only, and do not reflect any professional market analysis*. NOTE: A professional analysis of listed property is available at no cost to existing and new customers. Let me know how I can help.
Location Location Location. We all love the tall pines and homes with forest access, and this is how we started today's tour.
Buyer's Comments:
1. 25837 94 Wagon Wheel Lane
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=525389 miles out of town in the very heart of tall pines adjacent to National Forest. Top of the line everything, including price at $989K. Mother nature provided the fantastic setting, and original Owners appear to have done this first class all the way. One - Two year old home looks fresh throughout. This is one home that you may really fall for. Beware of finding Your Dream Home as it may be necessary to pay the asking price to get it. If lifestyle and comfort are more important than cost, you will want to see this one. MTC (with some price reservations)
2. 25965 3705 Hugh McKeen
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=52609Attached guest house with separate walk way and entrance with handicap features and access. A perfect "Mom / Dad's getting kind of old and maybe would move out here with us" situation. Family and a bit of clutter make it difficult to get a feel for how my stuff might work here. MTC
3. 26090 4261 Blackhawk
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=52658Rough exterior does not follow inside. Pleasant feel upon entering. Nice panorama views (also over views of neighborhood) as house has good position on high point above much of Indian Hills. MTC
4. 25998 4118 Half Moon Circle
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=52626Wow real grass. A small attractive patch in front and larger plot in back. Very nice workshop and storage area. It has what I look for in a shop, and will work just fine for my needs. MTC
5. 24525 501 Kachina Circle
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=51886What a peasant surprise here. I remember showing the property and sort of ruled it out as kind of shabby. I remember it needed a good cleaning. Guess what. The owners have not only cleaned, but they have done a very nice job of repainting the interior. This is up for showing, and I will keep this one in mind as a "definite show" upgraded from a "possible show" MTC
6. 26091 3505 Los Encinos
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=52659Couldn't they have squeezed another couple of homes into this block? Where's my yard end and my neighbor's yard start? Nice home inside, and it dioes feel private in the house. Just too close to the neighbors for me. I need breathing room. DNMI for my average customer (but MTC for X-condo and X-apartment dwellers or folks who desire the closeness of neighbors for safety reasons)
7. 26096 6 Maplewood Circle
http://www.dreamhomenewmexico.com/listingview.php?pclass=res_prop&listingID=52663Double Wide Mobile Home on a nice lot in Oakwood. Interior clean and neat with what seems like the normal floorplan and regular building materials. Think I would find plenty of use for the attractive patio and back yard areas for cookouts and outdoor living. MTC
That's this weeks tour. See you next time.. Archer
I hope you are enjoying the Realtor Tour Newsletter. Let me know how I might do this better. Suggestions are always welcome as are your referrals to friends who need real estate and mortgage help. Hint Hint Nudge Nudge
Till next time... Alan
Silver City Dream Home Website FREE and NEVER ANY REGISTRATION all day - everyday - updated every 24 hours - The very best user friendly site for this area.
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LEGEND:
MTC Makes the Cut - I will show it to any and all of my customers in that market
DNMI Did Not Make It. Generally a property that does not hold up or compete well in the current market. Will show only to customers who specifically request seeing it.
TBD To Be determined once I have visited the property personally or have reliable source feedback.
WWTE - Well worth the effort. Overall a good set of properties are visited
YAWN - Yawn. Need I say more? Wake me when it's over.
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Monday, July 6, 2009
Share the commission with a buyer! Hmmm!
Here's the scoop (and my take at the bottom). What do you think?
Buyer says I have found a house to buy. ALL I want you to do is write it up (the purchase offer) for me. Since all of the work of finding a house is done (remember, I found the house I want to buy), I want from you as a rebate, part of the Realtor's commission you earn. OK?
Let me be polite and diplomatic in how I want to respond. "NO WAY! ARE YOU NUTS?" Folks just really don't understand the nuts and bolts of the business or the full importance of what a Realtor does in the transaction. Finding the home is by far the easiest part of the process.
(Imagine the conversation with your Dr. " Dr. I have this growth on my belly that is causing me pain. Now since I made the diagnosis and I know it has to be removed, I've done some of your work for you. And since I found it myself and all you have to do is cut it out, well... I don't think it's fair to charge your full fee for the operation".. Hmmmm How would your physician respond, and would you really take the risk of a "cut fee" procedure?)
I estimate there is, at the very least, a solid 15 hours or so of basic wrangling, paper thrashing and shredding, contract negotiation and renegotiation, inspections to schedule, and deadlines to meet to keep you out of trouble (with regulations) and to make your purchase happen. This "real time effort" does not include any hand wringing or the churning stomach associated with the inevitable stress of keeping your contract on track..
Some of the things we may be asked to handle (even after the buyer has found their dream home) are:
* writing the offer and get required signatures
* preapproval letters initialed and delivered to all prties
* proper (and responsible) care of earnest deposit check
* submit offer to the listing agency
* if (should I say when) the offer is countered, prepare buyer's response and submit the counter offer
* if offer is accepted, get all the necessary disclosures and documents signed by both parties
* giving copy of the agreement, names/numbers/emails of all parties involved in the transaction - including copies to title company that will handle the closing
* get preliminary title report on the property and review with buyer
* provide the lender with copies of executed agreement
* coordinate bank appraisal access
* follow up with loan underwriter once property has been appraised and find out if property appraises for the amount of the loan.
* schedule inspections as necessary - make certain these are completed in a timely manner
* if not an REO (bank-owned) prepare request for repairs as needed following inspections
* negotiate request for repairs and/or credits
* outline and monitor timelines for contingency release for loan appraisal/approval
* monitor and outline buyer investigation periods for compliance
* have buyer release contingencies at the appropriate times or request extension
* give closing terms to Title Company escrow officer
* verify closing statements review the HUD-1 for accuracy per agreement
* numerous phone calls to listing agent and buyer throughout the process
I earn my paycheck by providing the kind of diligent care that gets the job done in the most efficient manner possible from the specifics of the sales purchase agreement.
Customer service starts when we first meet, but what goes on behind the scenes is where the real action takes place, and where Realtors really earn their money.
There's a lot more involved in making a purchase than simply finding a dream home. In fact, it is often the least difficult step in the whole process.
HUG a Realtor today. Just don't let my wife see you do it if you are going to hug me.. Later...
What do you guys think of the 3 newsletters we have started sending? I'm looking for more feedback.
The weekly Realtor Tour is (surprisingly) the most popular of the three newsletters we are sending.
The Monthly MLS Statistics is (not surprisingly) popular as well.
The monthly enews News In Service New Mexico is by far the most entertaining of the three free newsletters, and includes trivia (with prizes), favorite quote, current Silver City area events, "green things", mls data, mortgage information, (and of course) select real estate articles. Links to locally generated videos and photos are often included too.
NOTE: You must request each newsletter before being added to any of the email lists. You may cancel at any time, and there is never any kind of obligation. I don't sell email addresses to spammers either.
Sign up Subscribe Realtor Tour
Sign up Subscribe MLS Statistics
Sign up Subscribe News In Service
Buyer says I have found a house to buy. ALL I want you to do is write it up (the purchase offer) for me. Since all of the work of finding a house is done (remember, I found the house I want to buy), I want from you as a rebate, part of the Realtor's commission you earn. OK?
Let me be polite and diplomatic in how I want to respond. "NO WAY! ARE YOU NUTS?" Folks just really don't understand the nuts and bolts of the business or the full importance of what a Realtor does in the transaction. Finding the home is by far the easiest part of the process.
(Imagine the conversation with your Dr. " Dr. I have this growth on my belly that is causing me pain. Now since I made the diagnosis and I know it has to be removed, I've done some of your work for you. And since I found it myself and all you have to do is cut it out, well... I don't think it's fair to charge your full fee for the operation".. Hmmmm How would your physician respond, and would you really take the risk of a "cut fee" procedure?)
I estimate there is, at the very least, a solid 15 hours or so of basic wrangling, paper thrashing and shredding, contract negotiation and renegotiation, inspections to schedule, and deadlines to meet to keep you out of trouble (with regulations) and to make your purchase happen. This "real time effort" does not include any hand wringing or the churning stomach associated with the inevitable stress of keeping your contract on track..
Some of the things we may be asked to handle (even after the buyer has found their dream home) are:
* writing the offer and get required signatures
* preapproval letters initialed and delivered to all prties
* proper (and responsible) care of earnest deposit check
* submit offer to the listing agency
* if (should I say when) the offer is countered, prepare buyer's response and submit the counter offer
* if offer is accepted, get all the necessary disclosures and documents signed by both parties
* giving copy of the agreement, names/numbers/emails of all parties involved in the transaction - including copies to title company that will handle the closing
* get preliminary title report on the property and review with buyer
* provide the lender with copies of executed agreement
* coordinate bank appraisal access
* follow up with loan underwriter once property has been appraised and find out if property appraises for the amount of the loan.
* schedule inspections as necessary - make certain these are completed in a timely manner
* if not an REO (bank-owned) prepare request for repairs as needed following inspections
* negotiate request for repairs and/or credits
* outline and monitor timelines for contingency release for loan appraisal/approval
* monitor and outline buyer investigation periods for compliance
* have buyer release contingencies at the appropriate times or request extension
* give closing terms to Title Company escrow officer
* verify closing statements review the HUD-1 for accuracy per agreement
* numerous phone calls to listing agent and buyer throughout the process
I earn my paycheck by providing the kind of diligent care that gets the job done in the most efficient manner possible from the specifics of the sales purchase agreement.
Customer service starts when we first meet, but what goes on behind the scenes is where the real action takes place, and where Realtors really earn their money.
There's a lot more involved in making a purchase than simply finding a dream home. In fact, it is often the least difficult step in the whole process.
HUG a Realtor today. Just don't let my wife see you do it if you are going to hug me.. Later...
What do you guys think of the 3 newsletters we have started sending? I'm looking for more feedback.
The weekly Realtor Tour is (surprisingly) the most popular of the three newsletters we are sending.
The Monthly MLS Statistics is (not surprisingly) popular as well.
The monthly enews News In Service New Mexico is by far the most entertaining of the three free newsletters, and includes trivia (with prizes), favorite quote, current Silver City area events, "green things", mls data, mortgage information, (and of course) select real estate articles. Links to locally generated videos and photos are often included too.
NOTE: You must request each newsletter before being added to any of the email lists. You may cancel at any time, and there is never any kind of obligation. I don't sell email addresses to spammers either.
Sign up Subscribe Realtor Tour
Sign up Subscribe MLS Statistics
Sign up Subscribe News In Service
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