- 44 Answers
- 16 First Answers
- 6 Useful Answers
I am a Web 2.0 Realtor with 12 Years experience. My areas of specialization are Downtown, Midtown and East Memphis. I consult on real estate and social media
"See my LinkedIn profile at http://www.linkedin.com/in/joespake"
Joe LinkedIN Mon Apr 21, 2008
Joe Spake's Questions (2)
Bedure, the 2008 appraisal was done in 2005; they just update their site to show the current. They have left 2008's in for comaparison. So the 2009 is most recent; however, it may not be the most accurate. Appraisals are mostly done in mass, not by appraisers actually coming to the property and doing an appraisal. Plus, owners can appeal their appraisals and get them reduced. Bottom line, tax appraisals may or may not be close to reflecting accurate value. I could give you lots of examples.
If you are looking for a good guideline for value and an offer price, research similar houses that have sold recently in the neighborhood. Most real estate agents can provide you this information in a matter of minutes. Let me know if I can help. - Sat Jun 13 2009, 12:20
Bebdure,
Contrary to what you may have been told, the Memphis market is quite stable in many neighborhoods. While I have not seen prices rise significantly in the more popular neighborhoods, I certainly have not seen them drop 20%. Value really depends on a lot of factors. I suggest having a real estate professional run the numbers on the house you are interested in, and make an offer based on the results. You imply that there is a 40% margin between actual price and where you think the price should be. If the house is, indeed, that over priced, it might be time to move on. - Thu Jun 11 2009, 21:59
I specialize in working with buyers, and especially enjoy introducing new residents to the area. I don't know that this open forum is the right place to discuss your specific needs, but I am sure you will receive a lot of input that will be helpful in making your decision.
Please feel free to contact me if I can be of assistance.
To find out more about me and my networking Google "Joe Spake"
Regards,
Joe Spake
Revid Realty
Joe@spake.com - Sun May 31 2009, 08:01
I would love to work with you. Visit
http://spake.com or Google "Joe Spake"
- Sat May 30 2009, 07:19
I just paid 25% commission to a rather famous guitar store to sell a guitar for me. Literary Agents and entertainment managers demand 15-50% commissions. Lawers typically get 33% when working on contingency.
But in answer to your question, Natasha, I get whatever I can. commission is negotiated on the front end of the deal. If i can get more in the negotiation (which has nothing to do with my client's sales contract) I do. - Sat Apr 25 2009, 17:03
Midtown Memphis
Downtown Memphis
East Memphis
Historic Homes
Single family residence
Condominiums
Latest:
Real Estate Broker for
Revid Realty
Residential Real Estate Sales- Prior to joining Revid, I had 12 years experience in residential real estate.
June 2008—present
Previous:
Real Estate Broker for
Crye-Leike Realtors
Residential Real Estate Sales
July 2004—June 2008
ABR - Accredited Buyer Representative
CRS- Certified Residential Specialist
GRI- Graduate REALTOR Institute
e-PRO- internet marketing expert
Memphis Area Assoc. of REALTORS Multi-Million Dollar Club - Life Member
Crye-Leike Multi Million Dollar Club
MAAR Board of Directors