Tuesday, April 29, 2014

Four Bedroom Home In South Amarillo -- 4822 Mammoth

Pink House Team
Keller Williams Realty
806-340-7630

Four Bedroom Home In South Amarillo


This Amarillo Home is waiting for you!  It has 3 bedrooms and an office, or 4 bedrooms and 2 baths.  The Home is located in a newer Southern part of Amarillo and is one of the largest Homes in the area of Southlawn South.  It has a corner lot on a quiet street.  It is only $147,000 and waiting for you! Address is 4822 Mammoth.  Text PINK3 to 88000 for more details. 





Don't delay!  Call today!

Pamela Madore
Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
806-290-1920
http://pinkhouseteam.com  


Friday, April 25, 2014

I Was Drunk The Day My Mother Got Out Of Prison

Pink House Team
Keller Williams Realty
806-340-7630

I Was Drunk The Day My Mother Got Out Of Prison

This really isn't true.  Someone wrote a blog with this in the title and I can't get it out of my head.


What in the world does that have to do with houses for sale in Amarillo?  Well, maybe mom was getting out of prison and needed a place to stay and just the thought of her living with him caused him to go on a bender.




Or maybe mom owned the great four bedroom house in Amarillo and he lived in the whole time she was in prison and now he had to move out and got drunk because he was having trouble finding a two bedroom house in Amarillo for the price he wanted to spend.

Maybe mom wanted to buy a new house but she couldn't qualify for a mortgage because she had no work history for the last 5-10 years and she wanted him to co-sign.

Mom had met some people on the inside that knew some people on the outside that were trying to sell their house FSBO and just the thought of having to negotiate caused him to empty that bottle and eat the worm.

As you can see, the possibilities are endless and none of them have anything to do with houses for sale in Amarillo and what they might be worth.

Oh, well.  I thought it was a catchy title.  Call me if you think it was a good title!

Pamela Madore
Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
806-340-7630
http://myamarillohomes.com






PINK HOUSE TEAM AT KELLER WILLIAMS REALTY HONORED AT AWARDS BANQUET

PINK HOUSE TEAM AT KELLER WILLIAMS REALTY HONORED AT AWARDS BANQUET


Pamela Madore of the Pink House Team at Keller Williams Realty has accepted the award on behalf of the Pink House Team.  Keller Williams honors agents that have reached a minimum threshold in production. The awards banquet was held on the 30th floor of the Chase Building in downtown Amarillo.  

"It is an honor to be a part of all of the agents at our Market Center to receive an award." says Madore.  "We worked very hard in 2013 helping almost 50 families move either into or out of their house.  That is really the fun part."

Keller Williams Realty is the number one real estate company in Amarillo in both production and agents.  "Keller Williams has the greatest training on the planet to prepare us to build our businesses by helping others." continues Madore. "As a matter of fact, one of the teams at our office was number five in our region."

Many agents and teams at Keller Williams also received awards.  Jody Holland, a well known motivational speaker, encouraged the agents.  Several sponsors also attended the banquet.

For more information about Keller Williams Realty, please contact Pamela Madore at 806-290-1920








http://pinkhouseteam.com

Thursday, April 24, 2014

Amazing Four Bedroom House In Amarillo

Pink House Team
Keller Williams Realty
806-340-7630

Take a look at the video and call for a showing!





Pamela Madore
Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
806-290-1920
http://myamarillohomes.com




Tuesday, April 22, 2014

The 3 P's Of Real Estate And Why I Have More P's

Pink House Team
Keller Williams Realty
806-340-7630

The 3 P's Of Real Estate And Why I Have More P's


Do you know what they are?  The average agent using this technique when listing your home to sell. Here they are.  They PLACE a sign on the lawn.  They PUT it in the Multiple Listing Service (MLS). And then they PRAY someone will sell it for them.  Don't get me wrong, I believe in the power of prayer.  He may, however, want to use the hands of a Realtor to help up.



Here at the PINK House Team we add a few more P's to make an impact on selling your house.

PURPOSEFUL -- We are not random at what we do.
PLAN  -- We have a system in place to find buyers.
PROSPECTING -- We actively search for buyers that want your house.
PHONE -- We call people we know and tell them about your house.
PUBLISH -- Your house will be seen everywhere on the web.
PYEMIC -- Found it on the scrabble website of words that begin with P.

OK.  So that last word I have no idea what it means.  It does PERHAPS  illustrate that we go out of the way to find unusual ways to PRESENT your house.


And, of course, our secret weapon.  PAM




PLEASE call us for your PERSONALIZED PLAN.


Enough with the P's already.  Just remember to call today.


(Click on the PURPLE links for more information.  Sorry couldn't help myself.)

Pamela Madore
Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
809-290-1920
http://myamarillohomes.com

Monday, April 21, 2014

Here Is The Whole Scoop On Credit Scores -- My Pet Peeves

Pink House Team
Keller Williams Realty
806-340-7630

Here Is The Whole Scoop On Credit Scores and My Pet Peeves

Well, maybe not the whole scoop but at least a pretty good idea.  Before I talk to you about that, though, I want to tell you how it worked back in the olden days.

I was a loan processor in the early eighties and we didn't have credit scores like we do today.   What we had was a credit bureau which was a company that did credit reports for us.  Even though the scoring system had been around since the 50's it wasn't widely popular until the late eighties.

The credit report was much more personalized.  The credit bureau would call different places to get credit references on the buyer.  Often they had to ask for the information in writing.   Not all companies reported pay histories.  So most of the credit reports were put together by hand.  Sometimes it would take a week or 10 days to get a credit report.

Obviously then, if the credit bureau had to add things to the written report there was no score created. When the loan underwriter looked at the credit report they looked at things and made sense of what the credit history of the buyer was. If their history was really good but had 3 late payments in July, the buyer would write an explanation letter to send to the underwriter.  Something must have happened in July.

This was an accurate credit report. 

Then the whole credit scores came into place.  The idea was to set a standard that would put everyone on the same playing field.  Lenders rely on credit scores as if they were the only thing a person's life is about.  We are all numbers now.  Three numbers that define your life.

The unfortunate part, though, is that a very large percentage of credit reports have wrong information on them.  The score computer doesn't know that or take that into consideration.  The number is what it is.

If you want to get the information corrected it could literally take months.  The rules are that the bureaus have 30 days to either verify the information or remove it.  It doesn't seem like they always meet that goal.  That doesn't help the person that is ready to buy today but can't because of the errors on their credit reports.

Here is one of my pet peeves that mess a lot of people up.  The student loan people really need to get their act together.  Let's say you have a loan and it is in deferment.  Your deferment is up in 30 days and you are still eligible for another deferment.  You fill out the appropriate paperwork and send it in thinking all is well.  In the next building, though, is the "you are late on your payment department". They don't know that you have sent your paperwork in to get it deferred again so they start reporting you late. My experience has been that it takes about 90 days for the two departments to communicate.  In the meantime, you now have a 90 day late payment and your score just crashed.

Medical collections aren't really looked at as a derogatory item.  I am beginning to think that doctors bill your insurance company and then just send the rest to collection and bypass mailing you a bill. Even though lenders don't judge you on the medical collections (probably because they agree with me), they do tank your scores when they are first placed on the report.

How about the time that your brother-in-law skipped out with your Suddenlink cable box?  He told you that he returned it for you.  He might have told a small lie.  Suddenlink puts a cable box collection on your credit report.  Down score.  You just start getting over that hit when Suddenlink decides to sell the collection account to a collection agency. Now Suddenlink shows a zero balance (if the Suddenlink people remembered) but now you have a brand new collection from a collection agency.  Down score. You still think your brother-in-law returned it and you don't even know about this whole behind the scenes thing.   The credit score people don't know or care that your brother-in-law is a psychopathic liar.

My belief is that many lenders run a credit score, look at the first page at the scores and if they aren't high enough don't even look at the reason for the scores.

My vast experience with this whole credit report/credit score thing led me to the conclusion that the old way was much more real and forgiving.  We have all of problems at times in our lives and it may be reflected on your credit report for the next 7 years.

Thinking of buying?  Go to www.annualcreditreport.com and get a free copy of all three bureaus. Experian. Equifax. TransUnion.  The free credit report sites aren't free.  This one really is. It doesn't give you a score but will show you all of the things on your report.  You can then get anything corrected that you need to.  Don't delay.  Call today!

Pamela Madore
Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
806-290-1920
http://pinkhouseteam.com
















Sunday, April 20, 2014

Four Bedroom House Listed In Southlawn South in Amarillo Texas

Pink House Team 
Keller Williams Realty
806-340-7630

Four Bedroom House Listed In Southlawn South in Amarillo Texas

This four bedroom home located at 4822 Mammoth in Amarillo is located in the southern part of Amarillo in a subdivision called Southlawn South.  The home was a foreclosure and was purchased and redone by an investor.  This investor does a quality job and this house is set and ready to go.

Southlawn South currently has a listed price range of between $118,000 and $160,000.  There are a variety of size houses from as small as 1200 sq ft to as large as 2200 sq. ft. The house at 4822 Mammoth has 1827 sq. ft. and is one of the larger homes in Southlawn South.

This house has beautiful hardwood floors and granite in the kitchen. The owner recently installed a new sprinkler system front and back. The house is located on a corner lot.

Some houses in this area are located in a flood zone.  This house is not which makes it more affordable because the insurance is lower.

The owner is willing to finance this four bedroom house in Southlawn South in Amarillo.  They are offering very reasonable terms.

For more information, click here.

Pamela Madore
Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
806-290-1920
http://pinkhouseteam.com

Saturday, April 19, 2014

The Pink House Team at Keller Williams Realty Has A New Listing In Amarillo

Pink House Team
Keller Williams Realty
806-340-7630

A New Listing In Amarillo At 1017 Pecan St. In Hamlet 

The Pink House Team has listed the house at 1017 Pecan in Amarillo, TX.  This house has 3 bedrooms and 1.5 baths.  The house is listed for $72,000

Located on a corner lot this house has a giant backyard that is perfect for family fun.  The backyard is totally fenced with a wooden fence.  About 6 feet inside the wood fence is a chain link fence that encompassed the backyard.  This area is a great place for a dog run.

The neighborhood of Hamlet (79107) in located north of Amarillo and adjacent to I-27 North headed to Dumas Texas.  Currently there are only 4 other listings available in Hamlet.  Eight houses that were listed in the Multiple Listings Service in Amarillo has sold since January 1, 2014.  Four of those were foreclosures and in very poor repair.  .

The other four houses sold for an average of $58 a square foot and were on the market for 97 days. There are also a number of houses that have been bought and sold by investors and do not show up in the Multiple Listing Service,

This house has a large open kitchen and dining area.  It also has a second living area.  The roof was new last fall as a result of the major hail storm that Amarillo suffered last year.  The house has a new coat of paint on the outside.  

Since the neighborhood of Hamlet in Amarillo has very few homes on the market we project this home will sell very quickly since is priced to sell!

For more information click here.


Pamela Madore
Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
806-290-1920
http://pinkhouseteam.com



When You Sell Your House How Do You Know If Your Buyer Really Qualified?

Pink House Team
Keller Williams Realty
806-340-7630

Is Your Buyer Really Qualified?

My conversation with a seller that is listing their house with me went something like this:

Seller:  My house has been on the market for a year and hasn't sold.  We have had 3 offers and they all 3 fell apart.

Me:  Tell me more.

Seller:  The first buyer loved the house and had inspections done and everything was fine until very near closing and suddenly they didn't qualify for the mortgage.

Me:  (listening)

Seller:  The next one was almost exactly the same.  They got inspections and everything and then they couldn't get a mortgage.

Me:  Wow!

Seller:  The last one wanted to rent it for 6 months and then get a mortgage.  It was all set and then they decided to get a divorce. We are just having very bad luck.

Me:  Well, didn't the agent give you pre-qualification letters on the buyers?

Seller:  Not they didn't.  They kept promising them but we never got them.

What a disappointed seller!  As a Realtor it is our duty to make sure that our buyers are qualified before showing them houses.  If we don't do that then we at least need to do it before writing a contract.

My background along with real estate is also in the mortgage industry.  Even though there can be extenuating circumstances that would "un-qualify" a buyer, that is the exception and definitely not the rule.


At the Pink House Team we make it a rule that  our buyers have had their credit run AND they have provided the lender with W-2s and paystubs.  A good loan officer will also know to ask all those "hidden" questions to prevent surprises. We would never let our clients sign a contract without written verification from a bank that they have been pre-qualified and provided their documents.

When representing the seller, it is a little more difficult to get all of the details on the buyer but there are certain questions that I know to ask in order to have a little more comfortable feeling when I make seller recommendations.

There is nothing any worse than having plans made to move, have a contract and a closing date and then have to abruptly change plans.  This is especially true if you are buying another house and your purchase is contingent on your house selling and closing!

If you don't want to be disappointed, fill out this form and let's find you a qualified buyer!

Pamela Madore
Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
806-290-1920
http://myamarillohomes.com



Friday, April 18, 2014

Pamela Madore Of The Pink House Team At Keller Williams Realty Recently Completed FSO

Pamela Madore Of The Pink House Team At Keller Williams Realty Recently Completed FSO

Franchise Systems Orientation or FSO is part of Keller Williams training programs. It is specifically about the inner operations of the Franchise System.

FOR IMMEDIATE RELEASE


KellerWilliams_Prim_Logo_RGB

PRLog (Press Release) - Apr. 18, 2014 - AMARILLO, Texas -- Pamela Madore, along with 12 other ALC Members, Team Leader and Operating Principal of Keller WilliamsRealty in Amarillo, recently attended a two and a half day training at Keller Williams International in Austin, Texas. Keller Williams is a franchise system and each office (Market Center) is independently owned and operated.

The Agent Leadership 'Council or ALC, is a group of agents that are in the top 20% of production in each Market Center.  These Agents have leadership roles and are a core group designed to help grown the Market Center.  Keller Williams encourages the ALC to help make decisions on the day to day operations in each Market Center.

Each Market Center has a Team Leader dedicated to growing the business.  An Operating Principal is a person that has invested in the franchise.

"This was an amazing learning experience for all of us.  It really helped us fully understand all of the incredible opportunities Keller Williams offers",said Madore.

Each agent has equal opportunity to be a part of these opportunities.  Some of these include Team Leader, Investor, Operating Principal, Productivity Coach, Regional Director, Market Center Administrator, Director of First Impressions, Seventh Level Team, Buyers Agent, Listing Specialist, Transaction Coordinator, Expansion Team, and International Agents, just to name a few.  At Keller Williams Realty, the opportunities are endless.  The Market Centers all over the world, although independently owned and operated, are a cohesive group that works hand and hand to help grow all of the Market Centers.

All agents have a vested interest in helping Market Centers everywhere grown through their Profit Share program.  Any agent from any location can refer anyone interested in Keller Williams Realty to any other location.

Franchise Systems Orientation was a format to introduce or update information on all of our divisions.  Keller Williams has a Luxury Division, a Commercial Division and an International Division.

The Technology Department is unparalleled in what it offers to its agents with its latest roll-out, a personalized app for smart phones and tablets.  Each agent or team has the app that searches for properties all of the United States and Canada.  The Technology Department did extensive research on all of the real estate search apps available and then picked the best features and built an app for Keller Williams Agents.

"It was great to see -the big picture of Keller Williams.  This may sound corny but one of the most important things we have is our culture.  Our beliefs are God first, then family and then business.  We are all' "friendly" competitors," continued Madore.

Keller Williams is known for its family atmosphere and the great amount it gives back to the communities and agents in need.  Keller Williams International has a non-profit charity that agents donate to regularly.  Many Market Centers also have their own non-profit to help on a local level.  You do not have to be a Keller Williams agent to donate or receive from the charity.

Anyone interested in learning more about Keller Williams Realty, can contact Pamela Madore at Keller William Realty, Amarillo, TX.

Contact
Pamela Madore
Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
806-290-1920
http://myamarillohomes.com

Wednesday, April 16, 2014

What Is My Amarillo Home Worth?

Pink House Team
Keller Williams Realty
806-340-7630

What Is My Amarillo Home Worth?

Home values in Amarillo have been on the rise.  In 1996 the average sales price for an Amarillo Home was $89,981.  Through 2013 that number is $164,129. I am not real good at that whole "adjust for inflation" thing but that is an 3.7% average annual increase in home values from 1996 to 2013.

That does not mean, however, that every house has a 3.7% increase every year. There are many factors that take a part in the value of your house.  That is why it is possible that your house is worth less than what you paid for it.  This is especially true if you purchased it in the last five years.

One of the biggest reasons for that can be attributed to new construction.  Where this is obvious is in places like City View, Hillside Terrace or Tradewinds.  As houses are continually being built, buyers will always compare an older home to what they can purchase a new home for.
Hillside Terrace Homes

There is one thing that I have noticed, though.  As new houses are being built they seem to cost more but are smaller.  This could be an advantage to you if your home has more square footage.  Of course, the condition of the house will almost always make or break a competition.

When you move into more established neighborhoods, especially those with character, like Wolflin, home values are pretty stable and tend to increase in value at a steady rate.  Neighborhoods like Ridgecrest, for instance, where there are many sales, tend to keep the market moving and generally a seller will be able to get their money back even if they sell sometime in the first five years.  Again, condition plays a huge part.

When you are ready to sell your house, please remember that the market can be very specific to your neighborhood.

Pricing your house right will cause you to sell in the least amount of time!  Be ready to be competitive!!

To Find What Your Home Is Worth, Click Here.

Pamela Madore
Pink House Team
Keller Williams Realty
7304 W 34th
Amarillo, TX 79121
806-290-1920
http://myamarillohomes.com




Sunday, April 13, 2014

Amarillo Market Conditions For March 2014

Pink House Team
Keller Williams Realty
806-340-7630

Amarillo Market Conditions for March 2014

The Amarillo Real Estate Market remains in an upward trend.  The first quarter of shows a market increase of 9% over the same time period of 2013 with a volume of $199,432,354.  Last year at this time the volume was $183,362,596.

The number of houses sold year-to-date are 621.  The Amarillo Association of Realtors keep the number of "sides" listing and selling.  That total number of 1242 which is what the $199 million dollar number above is calculated on.
Market Trends in Amarillo

The average sale price for the first quarter is $160,573 which is down from 2013 which average first quarter average sales price was $164,129.  Currently there are 1069 active residential listings.  That translates into 5.1 months of inventory.  Generally, under 6 months of inventory is defined as a seller's market.

A seller's market means that their are an abundance of buyers and less sellers. Currently houses priced $229,999 and below are all considered in a seller's market.  Houses priced above that number are edging into a buyer's market.

Keller Williams Realty has 28.49% market share followed by Coldwell Banker at 11.1%.

For Market Trends In Your Area Click Here


Pamela Madore
Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
806-290-1920
http://myamarillohomes.com






Saturday, April 12, 2014

Pamela Madore Has Been Awarded The All Star Agent Referral Network Real Estate Agent For Amarillo, Texas



Pamela Madore Has Been Awarded The All Star Agent Referral Network For Amarillo, Texas

Source: Pink House Team at Keller Williams Realty

Dated: Apr. 12, 2014

The All Star Agent Referral Group is a Nationwide Real Estate real estate referral group dedicated to
providing awarding winning service to clients across the United States.

AMARILLO, Texas -- Pamela Madore of the Pink House Team at Keller Williams Realty has been
Pamela Madore Named To The All Star Agent Referral Network
awarded exclusive status of the All Star Referral Group originated by Lori Ballen of the Ballen Group in Las Vegas, Nevada. Pamela has many years experience in the Real Estate industry and this Group now allows her to use her experience by referring clients that may be moving from one location in the United States to another outside of the Greater Amarillo area. All of the agents within this group has a proven track record of excellent service.

"I am very honored to be chosen as the exclusive agent for Amarillo to help clients across the United States with selling their house and buying a new house. This network guarantees a very smooth transaction for a client during a very stressful time", says Pamela.

Amarillo has a population of just under 200,000. The current median house sold price in Amarillo is
$146,900 and the average sales price is $166,147. For the month of March, according to the Amarillo
Association of Realtors, there were 246 home sales for just over $37,000,000.
Amarillo has a many industries that attract buyers from all of the United States. Some of these include Bell Helicopter, Affiliated Foods, Pantex, Blue Cross and Blue Shield, and a robust oil industry.

"Being a part of the All Star Referral Group will allow me to help buyers relocating to Amarillo for jobs". Madore continues. "I am not limited to Amarillo. Anyone moving anywhere that contacts me will be able to use our network."

A great advantage for sellers and buyers in using Pamela Madore for their Amarillo move is that she is able to be involved in both ends of the client's transaction assuring great customer service.

About the Pink House Team:

Pamela Madore is Team Leader of the Pink House Team in Amarillo Texas. She has been in the real estate industry for more than 30 years. She also has an extensive background in the mortgage industry.
Her growing Team is here to help sellers sell their Amarillo Homes or buyers to buy a new Amarillo Home.



Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
806-340-7630
http://thepamelamadoregroup.com


Wednesday, April 9, 2014

A Home Often Has The Most Perceived Value The Day It Hits The Market

Pink House Team
Keller Williams Realty
806-340-7630

"A home often has the most perceived value the day it hits the market."  Gary Keller, Shift

Your home's value can be determined by buyers the first day it hits the market.  That is why there is a strategy for that first day.  You don't want a sign thrown up and it stuck in the Multiple Listing Service. You want a whole lot more.

Think of it as having a birthday party.  Before the big day you plan out of the details.  You decide who you want to come and what things they will need to make it a great party.  You decide what the decorations look like and how you want the cake to look.  You make sure you have enough candles and plates and hats and spoons.  You want the day to be perfect!


That is what you want the day you list with the Pink House Team.  And we can help you make that happen.  Here are some things we determine.


  • What type of buyer will buy your house?
  • What will be their main priorities?
  • How do we find those buyers?
  • How do we determine what that perceived value will be?
If you have a two bedroom house, we won't target a large family.  They would find no value in your house so it wouldn't matter what we price the house at.  

It's like the birthday party.  If your audience is 5 year olds then your party planning will be a lot different than if the party is for 25 year olds.

We can determine what type of buyer that will by your house by the size, location, and condition.  If you have a real fixer-upper, that audience will be different then someone who can't pound a nail straight.    

We will make a list of the features and benefits of your house and laser-target our best chance for a buyer; what will their top priorities be?  A family with small children may be more inclined to buy a house with a stacked bedroom plan.  A family with big dogs would be more apt to buy a house with a big back yard.

Once we have figured out who will buy your house then we implement our marketing strategy to find those buyers.  Our entire plan must happen on the first day.  In addition to signage and putting it in the MLS we also:

  • Have text rider signs with appropriate information
  • Do an immediate press release
  • Publish to 5 classified ads
  • Write an article that will attract the buyers we need and post it mercilessly
  • Be sure that every Realtor in Amarillo knows that it is for sale
  • Be sure that all the neighbors know--they may have friends they want as neighbors
  • Let everyone in our address book of 1300 people know about your house
At the minimum. those things need to happen the first day.  Our marketing program continues to flow after that first day if necessary.

So here is the critical part.  What is going to be the perceived value to a buyer? We want to be sure that you receive as much as possible for your house but we don't want buyers to turn away the first day because they think the house value is not there. 

We will carefully analysis what our competition will be and look at the history of similar houses to see what buyers have been willing to pay.  With that information we will be able to reasonably determine what a buyer's perceived value of your house will be on day one.  

If only one buyer sees your house for sale, that one buyer may not agree with our value.  If 50 buyers see your house the first day, we will know if we got the value right.  If we do, someone will buy it.

"A home often has the most perceived value the day it hits the market."  Let's keep that in mind and have a party!


Pamela Madore
Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
806-290-1920
http://homevaluesinamarillo.com








Monday, April 7, 2014

Buyers Decide What Your Amarillo House Is Worth

Pink House Team
Keller Williams Realty
806-340-7360

"Buyers have a sense of what's fair value and what's not and they just won't show up if you are not in the ballpark."*   

Buyers will tell you what your Amarillo house is worth.  Unfortunately, it doesn't matter what you want.  Cruel hard truth.  Very annoying but true.

How does a buyer determine the price?  There are several things they take into consideration.


  • Comparable house prices
  • Number of comparable houses available 
  • Condition and amount of repairs
  • Most of the time buyers tend to stretch their budget to get a better house.  Sometimes, that is how they determine the value of your home.  

However they determine the price isn't always a happy number for you, the seller.  

Buyers don't care how much you paid for the house, how much you owe, how much you want to net, and basically any other thing that speaks to your motivation.  

As a Realtor, I know that no amount of arguing can convince a buyer to pay more than the value they believe it is worth.   If I tell them how much you paid, they don't care.  


Taking all of that in consideration, it is important that you are in the ballpark. The best way to do that is to let me show you what buyer's choices are going to be and what buyers in the recent past have been willing to pay.  

Let's do it right and not only be in the ballpark but hit A HOME RUN!

Call me today!

Pamela Madore
Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
806-290-1920
http://homevaluesinAmarillo.com









*Gary Keller:SHIFT 

Sunday, April 6, 2014

For Sale By Owner In Amarillo Texas

Pink House Team

Keller Williams Realty
806-340-7630

Did you know that 80% of For Sale By Owners ultimately turn to a Realtor



One of the things that I find most interesting about these statistics is that Realtors actually are able to get 19% more money for a house than a For Sale By Owner.  If the typical real estate commission is 6% that means that I can pay for myself and get you an extra 13%!


For Sale By Owner (FSBO) Statistics


FSBOs accounted for 9% of home sales in 2012. The typical FSBO home sold for $174,900 compared to $215,000 for agent-assisted home sales.

FSBO methods used to market home:

  • Yard sign: 48%
  • Listing on Internet: 32%
    • For-sale-by-owner websites: 20%
    • Sites with real estate listings (e.g. Yahoo!, Google, etc.): 11%
    • Social networking websites (e.g. Facebook, Twitter, etc.): 10%
    • Video hosting websites (e.g. YouTube, etc.): 2%
  • Friends, relatives, or neighbors: 30%
  • Print newspaper advertisement: 14%
  • Open house: 12%
  • Direct mail (flyers, postcards, etc.): 2%
  • Video: 1%
  • For-sale-by-owner magazine: 1%
  • Television: <1%
  • None: Did not actively market home: 31%
  • Other: 2%

Most difficult tasks for FSBO sellers:

  • Understanding and performing paperwork: 18%
  • Getting the right price: 14%
  • Preparing/fixing up home for sale: 11%
  • Helping buyer obtain financing: 6%
  • Attracting potential buyers: 6%
  • Selling within the planned length of time: 6%
  • Having enough time to devote to all aspects of the sale: 1%

Home Buyer

Statistics

Active home search (median):
  • Number of weeks searched: 12
  • Number of homes seen: 10
First-Time vs. Repeat Buyers:
  • First-time buyers: 39%
  • Median age of first-time buyers: 31
  • Median age of repeat buyers: 51
Buyers who definitely would use same agent again: 84%
Actions taken as result of Internet home search:
  • Walked through a home viewed online: 62%
  • Found agent used to search/buy home: 32%
  • Drove by/viewed a home: 76%
Information sources used in home search:
  • Internet: 90%
  • Real estate agent: 87%
  • Yard sign: 53%
  • Open house: 45%
  • Newspaper ad: 27%
  • Home book or magazine: 18%





Let me help you get the most money for your house with the least amount of hassle!  Call me today!


Pamela Madore
Pink House Team
7304 SW 34th
Amarillo, TX 79121
806-290-1920
http://forsalebyowneramarillo.com


Saturday, April 5, 2014

You Get What You Pay For When Selling Your Amarillo Home

Pink House Team
Keller Williams Realty
806-340-7630

YOU GET WHAT YOU PAY FOR WHEN SELLING YOUR AMARILLO HOME

Have you ever had a toothache and you needed to have the tooth pulled?  What did you do?  Did you stop on the street corner and ask someone with a pair of pliers to yank it out?  Did you ask a friend to tie a string on it and slam the door? I doubt it.  

When you have a toothache and you need to have your tooth pulled, you want a dentist.  You want someone that knows what they are doing.  Do you think they are going to charge you more than the guy with the pliers or the friends with a string?  (The friend with the string might try to charge you the same amount.  What are friends for, after all.)  Of course.  They are a professional and that is what you need.

Hiring a Realtor is no different.  When you are ready to sell your home do you want a guy with some fliers or a friend with some bling?  I hope not!  

Here are some questions to ask to see if you should be paying minimum wage or what a Professional Realtor is asking to be paid.


  • Are you a full-­time or part-­time agent?
  • Will you service our listing personally or will we be working with your assistants?
  • What is your Internet marketing program?
  • What is your policy on responding to phone calls/emails/text messages?
  • How much of your business is generated by referrals?
  • What references can you provide?
  • Do you offer an "easy exit" listing so that I can end our agreement if I am not satisfied?

Selling a home is a lot more complicated than it used to be.  We have stacks of disclosures and papers that need to be signed here and there and by a certain date. A Professional Realtor knows what all of these papers are and have been trained to be sure that you are protected.  I wonder if a cut-rate Realtor will take as much care?  Or spend as much time helping you make your dream come true?

My guess is that you get what you pay for.  

To schedule an appointment with a full-time Professional Realtor, call me.  Let me help you with your dreams! 




Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
806-290-1920
http://myamarillohomes.com