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Patrick Mahony - Phoenix, Tempe, Scottsdale Chandler, Gilbert, Real Estate, Real Estate Professional in Phoenix, AZ

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Patrick Mahony - Phoenix, Tempe, Scottsdale Chandler, Gilbert, Real Estate

MVP'08

"Phoenix Real Estate Agent, specializing in out of State buyers"

888 Helpful Answers
844 Answers
7 Blog posts

Agent at Investors Trustee Services, INC.

Locations:

Phoenix

Web sites:

My blog about Phoenix Real Estate P, ... show more

Profile Link:

http://www.trulia.com/profile/PHOENIXrealestatePRICES/

Overview

Q&A (868)

Resume

Blog

Resume »

Experience:

Realtor for Investors Trustee Services, INC. July 2007—present
I was pretty lucky to get a job with ITS, INC. All Business no Games, so you can see why…

Realtor for Keller Williams East Valley January 2006—July 2007
Realtor stuff.... Keller Williams was and is a great place to start out. On average I…

Specialties:

Helping people relocate from out of state is the most fun. In today's world technology plays a big part in finding that perfect home. Here is a small part ... show more

About:

My name is Patrick Mahony, I have been practicing Real Estate in Phoenix Arizona since the beginning of 2006. Wow, what a crummy time to start a Real Estate My name is Patrick Mahony, I have been practicing Real Estate in Phoenix Arizona since the beginning of 2006. Wow, what a crummy time to start a Real Estate career. In my previous life I spent 17 years as a commodity trader at the Chicago Mercantile Exchange. The open outcry business changed dramatically after the debut of the electronic trading platform. I came home on a Monday and asked my Wife of 18 years if she would like to move to a warmer climate. To this day I can not believe that I lived in those Chicago winters. By Friday my Wife Daragh had chosen a Town called Gilbert, in the Sunny state of Arizona. The reason we moved to where we still live today was the schools. Gilbert Unified School district 41. In my opinion the best school district ever. In the greatest City ever.
So why did I choose Real Estate. It started with wanting to flip houses. You remember flipping houses. Buy a home for 100K, paint it and sell it for 150K. Free money. Well, luckily after my previous experience as a trader, I knew we were in for a correction, and that there is no such thing as free money. Although In my wildest dreams I did not think it would be this big of a correction. I decided before I was going to risk a dime, I would learn everything I needed to know about Real Estate in Arizona. The price of land. School systems. Future plans of development, water supply, and local Government. A host of other details I won`t bore you with. During this time there was a loud cracking noise, and people started talking about foreclosures. The rest is history.
Here is what I practice as a Realtor. Treat people as you want to be treated. Answer the phone, respond to emails. No pressure, honest opinion. Work hard, and work smart. I really enjoy my Career. I am building a long term Brokerage. Maybe my wonderful children will take it over some day. Probably not. I have been blessed. My three children, Phelan 15, Peyton 11, Quinn 10, are incredible kids, destine for greatness. My Phelan has just completed her freshmen year at an elite college prep school. A Smart and beautiful take charge, no fear women. My Peyton.... When Peyton was 3 it was determined by doctors that she had a photographic memory. Needless to say she gets straight A`s and doesn`t study, which really bothers big sister. It is amazing what she can recall. Then there is the mighty Quinn. Quinn is living the childhood of Clark Kent and Babe Ruth. When it come to grades he competes directly with the Sisters, and must win.
What do I like best about being a Realtor. Web 2.0, Social Media. This career would really be boring if it weren`t for the Internet. Web 2.0 allows me to do so much more. Video`s, Digital Photos, Maps, networking, and continued education. the technology allows me to chart the trends in short sale, foreclosures, and Re sale homes. Finding your dream home? That`s a tough one. My dream home cost me ten cents on the dollar. In our current market we have a ton of Bank owned, Lender Owned, REO, whatever you want to call them property`s. There is a lot of risk in buying a bank owned property. Most of them are in poor condition, however once in a while there is a lender Owned home that is a great investment. The key is be ready to go with all your inspections, and close fast, or walk away before your 10 day addendum is up.
OK, Here`s the pitch. If you have any question about buying or selling Real estate give me a call (480) 543-9899 And another thing. Realtor, Client realtionships are a lot like dating. You would not get married on the first date. All of my Buyer broker & Listing contracts have a clause stating that...As long as escrow has not been opened, the client reserves the right to cancel ( Fire Me ) at any time.
Good day & Good luck,
Patrick
Update: 04/04/2009 " WOW! I can`t believe that I am still in business "
Update: 08/04/2009 I just noticed that it has been 4 months. This has been the most insane time ever for Real estate in the Valley. ... show more

Testimonials:

"About a month ago, I posted a question on Trulia asking for infomation on Gilbert, AZ. (I was not looking for an agent when I posted my question) My husband ... show more

Recent Q&A »

Please provide details of the Ash Ave. Condos near downtown Tempe 85281. Are they still overpriced at $185.00 to $200/sq. ft.?

Asked Thu Nov 19 2009, 20:38 by Nonya - Market Conditions in Tempe - 8 answers

Patrick Mahony - Phoenix, Tempe, Scottsdale Chandler, Gilbert, Real Estate answered:

" I thought it a good time to try searching for that bargain."

Yes, and a bargain is also a good investment, all indicators( NO CMA`s, Large inventory, premium price) point to the fact that Condos are just not a good investment right now. Hey that could change in 30 days.

I am glad that you know Tempe. A good investment in Tempe is the single family home 3Bed+ 1.5 bath+, 1400 sq ft plus.

Location is key.

Here is a current list of possibilities.

http://www.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+other/ru…

If your heart & wallet are set on a Condo, again I would hold out

Good Luck
Patrick
480-543-9899 - Yesterday, 14:40

Recent Blogs »

"NAR Predictions for 2010...Who`s Prediction is it?"

New comment posted Sun Nov 22 2009, 15:44 by Dan Chase
1 Comment

"This is like the Titanic, backing up and hitting another iceberg."

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"They give you $8000. so you can pay $16,000 more, and not appraise."

New comment posted Fri Nov 6 2009, 11:16 by Patrick Mahony - Phoenix, Tempe, Scottsdale Chandler, Gilbert, Real Estate
3 Comments

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