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Rowlett : Real Estate Advice

  • All76
  • Local Info7
  • Home Buying22
  • Home Selling2
  • Market Conditions1

Activity 60
Mon Mar 6, 2017
Pete Todora asked:
The property address is 3714 Jennifer Lane in Rowlett, TX the new price is $1595.
0 votes 0 Answers Share Flag
Fri May 6, 2016
Rygin2609 asked:
Sat Jan 16, 2016
Vicki Miller answered:
You can do it!

The biggest pitfall if that there is no way to get your listing in the Multi Listing Service that an agent has access to which lists all the homes and amenities.

I have been known to list my home with a realtor just to get the info exposed to people with the most buyers.

Real estate offices have to pay fees for MLS, licensing, overhead-----all of this adds up for them but not to the amount they are receiving.

I was able to find an agency that was charging only 4% commission but sold it myself. Had it not sold I would have listed with them.

I did work with an agent on the selling side for a 3% commission and he did the whole transaction. Not much for them to do but get the loan paid off and collect their commission. Commission to him was $7,000. Well worth his time. Would have been over $14,000 if I had listed at 6%.

The market need to change and accommodate more people who want to sell their own homes. The most important thing is to get your home in the MLS so agents with buyers can see it and show it to potential buyers. Pay them a commission. However, there is no legal way to get it in the MLS without listing the home. I tried all the Sell It Yourself companies and even paid them a small amount of money only to discover they have no effective way to market your home.

Look at Zillow, Trulia and Realtor.com to find homes that compare to yours IN YOUR NEIGHBORHOOD. Go to open houses always in your neighborhood. Be honest about the quality and condition of your home. Try to make it look like a picture in a magazine as much as possible. Paint dark colored walls, put in new countertop, clean up the yard.

You can list the property on Zillow but my neighbor knew we were selling our house and sent it to all her friends and acquaintances via Facebook. People who were her friends bought the house. This has happened with several homes in that neighborhood. Work with an agent on the buyers side and pay them a commission. Brokers do not care for their agents to do this as they don't get paid nearly as much as they would LIKE. Look at their offices sometime and see how elaborate they are. $$$ are needed for such offices. Sell it in the spring when spring flowers are blooming, make sure you plant some bulbs in the fall or spruce up with planters.

If you have not sold the home in 6 weeks try to find an agency who will work for you for less. Be warned that agents may not show your listing as they will also be receiving less commission. However, if they have a buyer who is willing to buy and will go visiting For Sale By Owner homes they will likely be happy for some commission rather than none.

Good luck everyone and can we discuss how the real estate business could work better for sellers than for agents?

If you do all of the above a
... more
1 vote 24 answers Share Flag
Thu Jan 14, 2016
lee dale answered:
Dear Happy 63,

We have sold 5 homes...........OURSELVES (FSBO)---- never had one hiccup! We, as
the SELLERS even encouraged the prospective buyer to get a HOME INSPECTION for
their own piece of mind. We filled out the disclosure forms.........and together, we went
to the Title Company with the contract, and they helped each of us through the process.

Never have we had any issue. The thing of it is........with 3 of our properties, we totally remodeled
them...........spending between $50K and $102K..............and we kept them in meticulous shape,
everything was clean.......and in working order......great curb appeal, etc.---We worked hard,
and we enjoyed our homes......................and pray tell WHY SHOULD A REALTOR get 6% of
our asking price????? We, on 2 separate occasions, sold our homes in less than 3 weeks---
can you imagine just handing over $$$$$$$ to the Realtor? WHY??? All they would have
done would have been to LIST the property.............and they would have gotten between
$24,000 and $38,000 for 3 weeks worth of work???? NO WAY!!!

Be smart. Always set up appointments with prospective buyers.......when you have one or two
other people with you at your home......................When you host your own OPEN HOUSE.....ensure
that each entrance and exit door is covered by someone you know and trust.........

Answer questions to the best of your ability.......ask for names and phone numbers of prospective
buyers. THIS CAN BE SUCH A WIN/WIN experience for everyone. Your Title Company will
be your best friend throughout this entire process!!! Good luck on selling your home!!!
... more
0 votes 14 answers Share Flag
Tue Aug 4, 2015
USMortgageRanger answered:
Hi Nate,

Thanks for your post. Getting approved by different Lender sometime its good and other time you are only setting up yourself for failure as many of these so call online Lenders who do business in the state will approve you for an amount and when you find the home and put in an offer only to be denied based on taxes or insurance. I cover Capital One Bank in Plano and Rowlette and would be delighted to sit with you and go over a proper approval based on sound responsible financial guidelines. You will receive a copy of the Desktop Underwriting findings that will be used to close the loan.

I would be delighted to provide you with some mortgage options, (this does not require us pulling your credit) that will allow you to make the best decision for your family. I can be contacted via my profile information for a no obligation consultation. My Office hours are 08:00 AM-08:00 PM Mon-Fri and Fri and Sat 08:00 AM-06:00 PM CST.

Lowell Sterling
Mortgage Banker
NMLS 968898
Capital One Bank
7933 Preston Rd
Plano TX 75024
Phone (469) 315-1709
... more
0 votes 2 answers Share Flag
Wed Jul 29, 2015
Ireneproce asked:
It was taken off MLS Now I want it taken off the Trulia website. Its been 4 years now. Get it off.
0 votes 0 Answers Share Flag
Sun Jul 26, 2015
Cathy Harris-1st Time Buyer Spec. answered:
There are always sales in the past 6 months, but the agent may have to make adjustments to the comparables if they can't find exactly what they are looking for. Rowlett is in 2 different school districts and counties - Dallas county and Rockwall county; the dividing line is Dalrock Road. If the subject home is on the Rockwall side of Rowlett (east of Dalrock) and in Rockwall ISD and county, I would also use Rockwall properties in the comparables if needed. If the subject home is on the Rowlett side (Dallas County, Garland ISD), then the agent could use Garland lakefront properties. I just pulled lakefront solds in past 6 months in city of Rowlett and found 8 ranging from $215K to $575K. Lakefront comparables are more difficult to do, due to adjustments needed, but it can be done. They ranged in from square feet of 1822 to 4263. The agent has to know the neighborhoods to use in the comp - and the neighborhoods should be similar. Agents normally try to stay in a date range of 6 months and in the same subdivision, but sometimes have to go further back to 1 year or outside the subdivision, particularly on lakefront or unique properties. ... more
0 votes 1 answer Share Flag
Wed Jul 8, 2015
Leanna Moss answered:
Hey Linda,
How did you end up moving forward in your home search? If you're interested in getting back in the game in our sizzling 2015 market, I want to be apart of it. Keep me posted!

Leanna Moss
The MOSS Team
Diversified Realty Consultants LLC
469-500-8871
... more
0 votes 9 answers Share Flag
Thu Jun 4, 2015
Leanna Moss answered:
Just touching base to see if you ever found the right place? If not, I'd love to help you get a taste of the market this year and see what we can dig up. 469-500-8871
0 votes 2 answers Share Flag
Thu Jun 4, 2015
Leanna Moss answered:
I'm a local Realtor and feel like Waterview is still a really great place to call home. Of course, there are other neighborhoods in our area that are certainly worth a look too. I always recommend keeping the search as broad as possible to uproot any listings that might end up being the perfect fit. I'll send you some of the listings I've had my eye on as great opportunities. If you call me around 2:00 or so, I can go over it with you. 469-500-8871 ... more
0 votes 1 answer Share Flag
Thu Nov 6, 2014
Trulia Customer Service answered:
Thank you for contacting Trulia. Once you manually submit a rental listing it can take 24-48 hours for your listing to finish processing and appear live on our site for consumers.

If you have additional questions, please visit our help center here: https://trulia.zendesk.com/hc/en-us ... more
0 votes 1 answer Share Flag
Tue Sep 30, 2014
Willodean Davis answered:
You will have to get in contact with your Agent. If you can not get a hold of your Agent then I would contact the Company that your house is on and tell them the situation
0 votes 14 answers Share Flag
Mon Sep 22, 2014
Amy Arey answered:
I do! It's not only on an oversized lot but has two separately-fenced areas (great for installing a pool but still needing grassy area, or to keep the dogs / kids in a separate area....the possibilities are endless). Lots of updates--granite, oversized travertine, hardwoods, stone fireplace, Island kitchen, stainless appliances, etc.

http://www.mckinneyrealestateinfo.com/viewallimages/mlsid/173/propertyid/13022078/

Let me know if you have any questions or would like to see it!

-Amy S. Arey, Realtor
Halo Group Realty, LLC
214.901.1341-Cell
www.Aarey.HaloAgent.com
... more
0 votes 3 answers Share Flag
Fri Sep 5, 2014
Amy Arey answered:
We have to be very cautious as Realtors as not to provide "legal advice" (we don't want to misrepresent ourselves by "practicing law" and defer legal questions to an attorney. However, Texas is a community property state. You can buy a property separately but you can't sell a property separately if married (the other party would still have to come to closing and sign the deed).

-Amy S. Arey, Realtor
Halo Group Realty, LLC
214.901.1341-Cell
www.Aarey.HaloAgent.com
... more
0 votes 3 answers Share Flag
Fri Sep 5, 2014
Amy Arey answered:
We actually do have a distinction for that in MLS; contact me if I can help--
While most "3rd party sites and websites" don't allow this search-feature, we have it within our own MLS, (in additional to a lot of other search-criteria) so that you don't have to waste your time sorting through "junk" that doesn't fit your needs. It's a search-term called "guest-quarters" and is located under "exterior features".

-Amy S. Arey, Realtor
Halo Group Realty, LLC
214.901.1341-Cell
www.aarey.haloagent.com
... more
0 votes 4 answers Share Flag
Sat Jun 28, 2014
Kenneth "Kenny" Bebensee answered:
https://records.txdps.state.tx.us/DpsWebsite/index.aspx

Check out this website.

www.tcrdallas.com
0 votes 2 answers Share Flag
Mon Jun 9, 2014
Scott Johnson answered:
Are you talking about a foreclosure that is purchased on the courthouse steps or an REO (Real Estate Owned) property that is being marketed by a bank. There is a difference.

REO properties are marketed like most any other properties. The process is a little more lengthy because you have the bank bureaucracy to work through but the process is basically the same. We are closing one tomorrow.

Foreclosures sold on the court house steps are a lot different. Here's a link to a blog post I wrote a couple of months ago... http://wp.me/p2OdyL-n8

Scott Johnson
FireBoss Realty
469-269-0911

http://www.FireBossRealty.com
http://www.NortheastDFWHomes.com - Property Search Site
http://www.FireBossRealtyAroundTown.com - Blog
http://www.northeastdfwhomes.com/cp/mobile-app/ - FREE Mobile App
... more
0 votes 9 answers Share Flag
Wed Apr 16, 2014
Kenneth "Kenny" Bebensee answered:
You should really pick any 1 Realtor in Dallas and work with them ONLY on finding what you are needing or wanting. Realtors have current and real information. If your basing your information on a home from this site or any other real estate website, your not getting accurate info.
www.tcrdallas.com
... more
0 votes 1 answer Share Flag
Thu Feb 6, 2014
Anne Bokalo answered:
We can't get away from large retailers, it's just a fact of life. Pick a neighborhood you'd like to live and then look for your home.
0 votes 2 answers Share Flag
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