Thursday, May 29, 2014

How Do I Find Out What My Amarillo House Is Worth?

Pink House Team
Keller Williams Realty
806-340-7630

What Is My Amarillo House Worth?

You could try Facebook.  Or maybe Pinterest.  You could probably tweet #whatismyamarillohouseworth. Or you can ask a professional to help you get an idea of  what your Amarillo house is worth.

The thing to remember is, though, that Realtors are not magicians or fortune tellers.  Realtors don't decide on the price anyway.  The Buyer always decides the price.  I can show you the data that is currently available but that doesn't mean that is what buyers are thinking today.

Buyers think about the future not the past.  We have to rely on the past to think about what buyers are thinking.  Sometimes the two things don't intersect.

The reason I am telling your all of this is that if your Realtor is giving you a definitive price, they aren't considering buyers future thoughts.




There is a pretty good chance that buyers decide the price based on payment.  I have found it interesting over the years that if you ask a buyer what they want their payment to be they pretty much know what they qualify for.  The bank only needs to confirm it.

I was recently working with a buyer and this is sort of how the scenario went.  They were qualified for $150,000.  The husband was adamant that their budget was only $135,000. We looked at about the only house that met their their requirements and it was $147,000.  The husband spent a day or two mulling it over.  In the meantime another house that mostly met their needs came on the market for $135,000.  We went to look at it and it was good but not as good as the one for $147,000.  The $135,000 property has a cedar shake roof which makes the insurance higher.  The taxes were also a little higher than the $147,000.

The husband wanted to mull it over again.  Finally I was able to show him that the payment on the $147,000 house was less than $50 a month more.  Without a lot of mulling over, we made an offer and it was accepted.

He thought his price range was $135,000 and was scared to go as high as $147,000.  The bottom line, however, was what the payment was.

That is one way that a buyer will determine the price of your house.  Without the information about the payment, they probably would have either bought the house for $135,000 or made a much lower offer on the $147,000.  In that case they would have mistakenly told you the value of your house by their offer. 

When you are looking for a Realtor that can help you sell your house, you need a Realtor that knows how to work the numbers and be creative.  Most buyers are afraid to tell you the whole truth or maybe they can't articulate what their fears are but just know they are scared.

Because of my extensive background in financing, I was able to help this buyer buy the house they wanted and was able to show them how to overcome their fears.  

That is what you want in a Realtor, isn't it?  Call, email, or text me today and let me show you how this will help you get top dollar for your house!

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





Tuesday, May 27, 2014

Great Opportunity For One Lucky Amarillo Buyer!

 
Schedule a Showing/Request Info
What Is My Amarillo Home Worth Today
Amarillo Home Values
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Pink House Team
Pamela Madore
Keller Williams Realty
806-340-7630
Questions?
Schedule a Showing!
MLS#: 14-83412
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Licensed In:
TX
Information valid for the date of this posting only. Please contact us for the most current information and status of this property.
1017 Pecan St.
Amarillo, TX
QR CodeScan with your smartphone & take me with you.
Description Photos Maps & Local Schools Virtual Tour Print Brochure
   

Available immediately!!!!

$ Click for current price
3 BEDROOMS
2 BATHROOMS ( 1 full, 1 half )
1222 Square Feet
Great opportunity!  Three bedroom, 2 baths with 2 living areas--a must see.  It has a large kitchen with dining area that looks out to giant backyard.  The property is fenced with a dog run around the perimeter. French doors and a new roof!  A must see and a bargain at $72,000!!!!
L2L
 

Monday, May 26, 2014

Selling Amarillo Homes Is Not For The Average Realtor

Pink House Team
Keller Williams Realty
806-340-7630

Selling Amarillo Homes Is Not For The Average Realtor

Did you know that an average Realtor sells 12 houses a year?

Most Realtors don't have a business mindset.  We are by nature entrepreneurs and like the freedom that gives us.  It also makes us average.

An average Realtor usually has 1 to 2 buyers they work with a month.  They are always wondering where their next buyer will come from.  If they list your house here in Amarillo for sale, they have maybe 10-12 buyers to tell about it.


What you, a seller, need is someone that is way beyond the average.  This would be a Realtor that knows how to run a business.  My business is to sell your house.  It is going to make my job, and ultimately you meeting your goals, much easier if I have 500 or 1000 buyers to tell about your house.

As a seller you are looking for a more experienced Realtor.  Since most Realtors start with buyers because there are more buyers than sellers, generally speaking, if they are running a business they know the importance of keeping close contact with every buyer so when your house comes along we aren't scurrying around trying to find a buyer.  We already have them.

That does not mean it is 100% certain that we have a buyer for your house but our chances are much greater than the Realtor with 10-12 buyers. Fill this out to see how many buyers I have for your house!




When you interview a Realtor to sell your Amarillo house, remember to ask how many buyers they have right now.  If their answer is 10 or 12 move on. It will be much harder for you to reach your goals in a reasonable amount of time.  And that is what you want, isn't it?

Call, text or email me and ask how many buyers I have right now!

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










Sunday, May 25, 2014

Text Pink6 to 88000 To Get Information On Your Amarillo House For Sale

Pamela Madore
Pink House Team
Keller Williams Realty
806-340-7630

Text Pink6 to 88000 right now.  


Did you do it?  



When a buyer drives by any of our listings in Amarillo they will see a text rider and be able to text on the spot to see all of the information on the house.  It takes them directly to a mobile website with additional information and pictures.

.

There is also a place to fill out their information for me to contact them and ask if they have additional questions or would like to see the house. When you text Pink6, you will get a link to my personal app provided to all Keller Williams agents to help sellers attract buyers.  

When you download this app you will be able to just touch "nearby homes" and it will take you directly to the houses that are for sale in your neighborhood.  It is a much better app than Realtor.com because of the many features it has.  One of my favorites is the ability to draw a map of the area that you are interested in. You only get those houses.  

Another of the text rider features is that I can set it so that you also know when someone texts about your house.  That way you will be able to make sure that I am following up!


Keller Williams provides us with amazing technology that no other Real Estate company can come close to matching.


If you haven't sent a text to 88000 with Pink6 as the message, do it now!


Call, email, or text for a personal demonstration.  I will put your property information in and you can see how it works!


Pamela Madore

Pink House Team
Keller Williams Realty
7304 SW 34th
Amarillo, TX 79121
806-340-7630
http://myamarillohomes.com
88000 Pink6








Friday, May 23, 2014

Finding Your Amarillo Home Value


FINDING YOUR AMARILLO HOME VALUE


Pink House Team
As with anything in life, when you are ready to sell your home you have to have a plan.  Most people don't wake up one morning and say, "I'm selling my house today", then immediately put it on the market.  Of course, there are people that do that but not the majority.
 A plan must include several elements from the beginning (deciding to sell) to the end (having your house sold). There are many things to take into consideration.  





PHASE ONE


Why sell and why sell now?  There are hundreds of different reasons why you might  want to sell your house.  It can range anywhere from down-sizing, up-sizing, different location or school district or maybe just to get out of a big mortgage.  It is never time to sell if you are just thinking about it.  Selling a house is an event and can only be accomplished if you REALLY want to sell. 

Deciding what to do next.  Once you have made the decision to sell you must consider as part of your plan what you are going to do next!  If you are moving away you will have a whole different set of plans to make than if you are staying in the same area.  If you are staying in the area, your plan will include timing.

Which comes first--the chicken or the egg?  Do you put your house on the market to sell first? Or do you find the new house that you want to buy first?  There are pros and cons for each way.  If you reallly want to sell, have the house in pristine showing condition, and have it priced right you could expect a quick sale.  In that case, you might want to start looking immediately.  If you, for instance, don't have it priced to sell within 60 days it would probably be wise to wait.  There is nothing worse that finding your dream home and then not bw able to buy it!

Let's get a plan together for you!  Click her to start!


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

Thursday, May 22, 2014

Are You A First Time Home Seller In Amarillo Texas?

Pink House Team
Keller Williams Realty
806-340-7630

FIRST TIME HOME-SELLERS HELP

There is plenty of information for First-Time Home Buyers but where is the information for First-Time Home Sellers?  

If you remember when you bought your house you went through a process to get the keys.  Play that record backwards and you have part of the process. You will now have a buyer going through the process to get your keys.
Seen One Of These Lately?

But what did the seller do when they sold you their house?  What was their process?

Finding a Great Realtor is the first part of the process.  Your uncle's mother's brother may have a real estate license but that doesn't mean he is a great Realtor.  Do some research.  What would you consider a Great Realtor to be?

Who will buy your house? The first thing a Great Realtor does when preparing to list your house is think about what kind of buyer will buy it. What does your house have or not have? Will it be a young family looking for school districts?  Or a retiree that is downsizing?

Will they have cash or need financing? A Great Realtor thinks about how a buyer can buy your house.  Will your property attract a cash buyer?  Will it be a first-time home buyer that will need help with closing costs?  What were you?  Cash?  First-Time home buyer for sure.  A Great Realtor will figure that out and go after those buyers.

Pricing the property right is the next step.  A Great Realtor can show you what other similar properties have sold for and how many properties will be your competition.  Don't be offended if that Great Realtor tells you they don't care what your neighbor thinks your house is worth--or what the house on the corner sold for 2 years ago.  A Great Realtor will be honest and discourage you from "testing the market".  Houses grow stale quickly.  Your house needs to be the best value for a buyer to want it.  That doesn't mean give it away.  It does mean, though, that if a buyer is looking at similar houses they want to be sure to get the biggest bang for their buck.  Isn't that what you did when you bought the house?
Buck With No Bang


Preparing the house for sale is the next thing.  A Great Realtor will tell you what you need to do to make your house attractive for buyers.  If you have your kid's pictures and recipes and magnets on your refrigerator don't be offended if your Great Realtor tells you to take them down.  You might also be encouraged to clean up a few dust mites, in a nice way, of course.

Keeping it clean.   If there is no other reason to encourage you to price your house right so it will sell quickly, is the "keep it clean" problem.  This may especially true if you have kids that forget to take care of things after they are done with them.  A Great Realtor will tell you that this is going to be work and there is no break.  Buyers like to look at houses at random times and with short notice.  If you ask a buyer to reschedule chances are they are rescheduling to see someone else's house.
Happy House Cleaner


Receiving an offer.  Your Great Realtor will be prepared when they talk to you about the offer.  You are going to be interested in two main things. When do we close and how much money do I get.  The "when do we close" is usually not much of an issue.  The "how much money do I get" is where your Great Realtor needs to be a Great Negotiator.

Inspections.  Once your contract is in place the buyer will do inspections.  Did you when you bought the house?  If you did you may remember how picky the inspector was.  Even the littlest thing got written up.  The inspector may have even scared you a little.  Your buyer will go through the same thing.  Your Great Realtor will know that and will remind you to not be emotional.  So your buyer wants a new light bulb in the downstairs back closet under the stairs, don't be offended and replace the light bulb.  Your Great Realtor knows how to negotiate on your behalf.

Wait.  For the buyers to move through their process. Your Great Realtor will assure you that the silence is normal.  That means all is well.
Tick Tock.  Tick Tock.

Pack.  Your Great Realtor probably won't help much with that.

Go to the Title Company.  You sign papers, get your money, and give away your keys! Your Great Realtor will be there the whole time.  
What A Nice Key!

Move.  Oh, wait.  Your have to have somewhere to move. Your Great Realtor has also been working with you through the entire process as you buy a new home to move into.  On the same day.  Oh, my. Good thing you have a Great Realtor!

Don't Delay! Call Today!


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



  



Wednesday, May 21, 2014

Is Your Amarillo Realtor A Stalker?

The Pamela Madore Group
Pink House Team
Keller Williams Realty
806-340-7630

When we list your house for sale, we become stalkers.  That may not sound like a good thing, but in this case it is.  You want your Realtor to stalk for you.


Amarillo Realtor House Stalker
The first thing you will see is us stalking your neighborhood. Incognito, we will move from house to house passing out fliers and asking who your neighbors might know that wants to buy your house. When they give us a lead, we become buyer stalkers.

Anyone that has ever expressed that they might be interested in a house like yours is immediately on our radar and we go after them like a dog with a bone until they either buy your house or are eliminated (no, we don't kill them).

Next we become internet stalkers.  If you are reading this, you know what I mean.  No matter what someone googles, as long as it is about a house in Amarillo, you pop up.  We create ways for hundreds of buyers to connect with us so we can tell them about your house.  We don't take no for an answer.
 An Amarillo Internet Stalker

In social circles, we find a way to direct the conversation around until they are asking about your house.  It doesn't work as well in church.  It is hard to direct the preacher's sermon. That is up to God and we just don't even pretend.

When an election is coming up have you noticed all those little signs in yards all over Amarillo? We don't do that.  Amarillo has a sign ordinance.  But if they didn't we would print up 1000 signs and put them on random lawns all over Amarillo.  
Amarillo Kid Preacher


Bottom line?  We aggressively work above and beyond to be sure that the most amount of buyers have access to information about your house.  You have a much better chance of selling your house if 10,000 people know it is for sale than if only 100 people know it is for sale.

Let us do the stalking!  Don't Delay!  Text Today!

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




Tuesday, May 20, 2014

When Buying Your Amarillo Home You Need A Team

Pink House Team
Keller Williams Realty
http://myamarillohomes.com
806-340-7630


We Want To Be On Your Team!

Buying a home can be a scary thing even if you have done it before.  Our job is to walk you through the entire process and make sure it is as stress free as possible.
Email today for a free home-buying kit! 

We can help you with your financing.  We have lenders that will go as low as 580 on credit scores.  We a one mortgage program that will allow you to put only $500 down on a $100,000 house!

OWNER FINANCING Available On Some Properties

Search for properties all over Amarillo on our website. Register for "alerts" and every time a property that meets your criteria, you will receive an email. 

Questions?  Ask here.   

Team Work Makes The Dream Work!
Don't Delay!  Call Today!
806-340-7630

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








Monday, May 19, 2014

What Will Your Amarillo Home Buyer Say When You Ask For Your Money Back?

Pink House Team
Keller Williams Realty
http://myamarillohomes.com
806-340-7630

What Will Your Amarillo Home Buyer Say When You Ask For Your Money Back?

You paid $200,000 for your nice four bedroom home in Hillside Terrace.  You loved it so much you added $30,000 of upgrades.  Now you want to sell your house and move to Sendora Valley. Will your buyer give you back your $30,000?   


The answer is most likely "no".  Why?  Because most likely there is another very nice four bedroom home in Hillside Terrace for less than $230,000.

Recently I did a comparative market analysis (CMA) for a seller.  They had owned the house only five years or so and it was one of the smallest in their area.  The comparables were clear of what the market will bear at the time--that is, what will a buyer feel like your house is worth. Remember, it is always what the buyer decides.

I completed the CMA and presented to the seller.  He scoffed at me and said, "I have put $30,000 of upgrades since I bought the house."  I didn't reply but I was thinking, "Yeah. So?"
My experience with buyers is that even though they like nice upgrades they aren't willing to spend retail for them.

Yesterday I met with another seller at their house.  They want to sell and are trying to decide whether to finish the basement off and add new siding to the back of the house.  The total cost would be about $5500.  Would they get an additional $5500 for their house?  How likely are Amarillo Home Buyers willing to give you your money back.

I have another seller preparing to sell their house.  They have only owned it for 2 years so it will be difficult to get their money back anyway.  It is an unusual house so it will be a special buyer that will purchase their home.  The bathroom in this house was in bad shape and they decided to spend the money to redo the bathroom.  Will they get their money back?  Only time will tell.  Another point to consider, though, is how long will the house sit on the market if the bathroom isn't redone?  


According to the National Association Of Realtors the following statistics on upgrades are as follows:

Deck addition – 87.4%
Major kitchen remodel – 63.6%
Bathroom remodel – 63.6%
New roof – 63.0%
Basement Remodel – 77.6%


What that means is that if you, for instance, spend $1000 on a deck addition you can expect to recoup $874 when selling your house.  

These are national statistics so some areas of the country get a better return than others.  It is important to know what the Amarillo real estate market is doing and even more specifically, what your particular area whether it be Hillside Terrace, Sendora Valley, or Bivins is doing.   

Amarillo will have its on statistics and they will be even more hyper-local by area.  What is happening in CityView is not going to be the same as what is happening in Oakdale or Lawndale.

There are many things to consider before doing upgrades to your house.  One thing that we haven't talked about is your enjoyment.  If you want to redo your back yard and add a built-in kitchen, will you get your money back.  Maybe and maybe not.  But while you are living in the house you enjoy your new back yard and so it is worth it to you.  Not  everything that we do to our houses is only for resale value.


If you would like more information on what is happening in your neighborhood, click here. If you would like to know what your house is currently worth, click here.

For more information on projects that you are considering,  email me your specific question and I will research the answer for you.  

Call today!  Don't delay!

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



Career Night At Keller Williams Realty in Amarillo

Pink House Team at Keller Williams Realty Logo

Pamela Madore Of The Pink House Team At Keller Williams Realty Announces Career Night

If you have been thinking about a career in Real Estate, Pamela Madore encourages you to attend Career Night at Keller Williams Realty.

FOR IMMEDIATE RELEASE

Career Opportunity
Career Opportunity
PRLog (Press Release) - May 19, 2014 - AMARILLO, Texas -- Pamela Madore of the Pink House Team announces a new Career Night initiative at Keller Williams Realty in Amarillo, Texas. The ongoing times will be at Noon on the first Tuesday of each month and the third Tuesday at 5pm.

Information presented by Beth Carter, Team Leader at Keller Williams Realty in Amarillo will present information on how to obtain a license and what to expect when started your Real Estate Career.

"There will be real-life information presented.  Sometimes people have a pie in the sky attitude about real estate.  This will show you real opportunities and how to get there." says Madore.

Keller Williams Realty in Amarillo is located at 7304 SW 34th.  The presentation will be held in the training room that can accomodate about 40 people at one time.

"We would like to invite anyone that would like to get started.  We would also like to invite any agent that is interested in knowing more about Keller Williams." Madore continues.  "And bring a friend!"

Keller Williams Realty International encourages the "Team" concept.  The Pink House Team is an example of a local Team that employs specialists to assure a smooth Real Estate transaction.  Pamela Madore likes the Team concept and invites anyone that is interested to bring a friend or two to look at that opportunity.

For more information or to RSVP, contact Pamela Madore of the Pink House Team at Keller Williams Realty in Amarillo at 806-290-1920 or email pam@pinkhouseteam.com or visithttp://thepamelamadoregroup.com

Sunday, May 18, 2014

Don't Make A Mistake And Lose Money Selling Your Amarillo House

Pink House Team
Keller Williams Realty
806-340-7630

Did you every make a mistake?  Of course, we all have.  My father used to say that "if all it cost us is money" then we need to be thankful.  

Even so, losing money is not a fun thing.  Especially when it was something that could have been avoided.  Poor planning and not thinking things through can cost you a lot of time, money, and stress.

I got an email from a past client who "got talked into" listing their house for sale with another Realtor. She apologized profusely and asked if I could help.  The answer is no if she already has a listing agreement with another company.  

The house had been on the market for 6 weeks and had only had one showing.  They really need to sell the house and felt like the other Realtor wasn't doing a good job.  She decided to ask the other Realtor to let her out of the contract.

I got another email from her today.  The other Realtor wants $3000 to let her out of the listing agreement.  Poor planning and not thinking things through is costing money every day the house sits on the market and is not being shown or sold.  They have a 6 months contract and their hands are tied.


The other Realtor is within their rights, a contract is a contract. My philosophy, however, is that I want what is best for my clients even if that means they list with someone else.

There are two probable reasons that the house hasn't sold.  Price and exposure.  Buyers control the price of the house--not Realtors.  Realtors do, however, control the amount of exposure their listings get. If your Realtor is working the 3P's,  then the amount of people that know your house is for sale is limited.

A great example of this is, if you have a Facebook business page, you can see how many people have "seen" your post.  Depending on how many likes you have on your page you may reach 20 to 50 people.  However, if you "boost" your post that number may increase to 4000.  

Another example could be how many people you have in your address book.  When we get a listing, everyone in our address book knows about it.  If you have 200 people to tell that is a lot different than having 2000 people to tell.

Are you more apt to pick up a magazine with listings for sale in it or "google" four bedroom houses in Amarillo?  Statistics say that google is the winner there.  So wouldn't it make sense to have your listing front and center on a google search?  For that to happen it takes a lot of time, energy and marketing skills.  We do that to every one of our listings.  


So the moral to the story is, think things through and be sure that you find a Realtor that is going to put in the time to give you so much exposure you feel like you are "streaking"? 

Don't delay!  Call today!   Email is great, too.  We are in the text age, too!


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