Weekly Rate and Real Estate Update, 8.28.13

Summer is still going!

Dan’s activity this week:

So for many of my listings the showing activity picked up last weekend…other listings have made recent adjustments either to price or even added upgrades as a result of market feedback.  As I tell my clients…when you list your home we have to listen to what the market is saying either they’ll come through the home and give actual feedback or they won’t even come through the door!  Regardless, the market is speaking to you.

One of my listings that we have an accepted offer on got the all clear on the appraisal and we came to terms with the inspection so we are all set to close mid-September!

Another home had its inspection on Monday and we are waiting to receive the Inspection Response sometime before the end of Saturday…we’ll see how that one goes!

So in addition to the two homes that have accepted offers and the 11 listings I’m currently selling and the 11 buyers I’m working with, I have two clients building new homes…one just had their basement dug this week while the other clients just signed their initial paperwork.  They look to finish late Dec this year and sometime in late Feb early March respectively. 

I also learned that my big “Lunch and Learn” at that a local company has been pushed back.  That company is a big one and they are just starting their Wellness program and want to make sure that they are ready and can really make an impact on their employees…I can’t wait to get the opportunity!

  

Looking for a home or just want to see what’s out there? Download my App and starting searching.  Click here to download it app.era.com/DMIRISH

 From the IBJ: The average rate for 30-year mortgages rose from 4.57 to 4/74 percent for the week ended Aug. 21, according to Bankrate.com.  The rate for 15-year mortgages rose from 3.61 percent to 3.75 percent.

Call or email me here to start your home sale or purchase process, 317.910.4293

5 Tips to Prepare Your Home For a Showing!

Our home's on the market and we've actually moved quite a few times.  So as one who has spent a good deal of time preparing a variety of houses for the market, I wanted to offer you 5 of my top tips to prepare a home for a showing.  When your home's on the market, you live in it quite differently than you do in everyday life.  Most Realtors wanting to show it to prospective buyers will give ample notice to come into the home, but sometimes you will get requests with minimal notice.  So what do you do to get the home ready for a showing?

Read the rest of the article on our sister site, Indy Family Resource, HERE!

Weekly Rate and Real Estate Update, 8.21.13

Buyer’s Focus is Back!

Dan’s activity this week:

As it goes each year, the few weeks before and during school start-up divert buyer’s focus for a short time.  Listings see a dramatic slowdown in showing activity and it can cause some to panic.  Have no fear…it is temporary!

Last week was a busy one…I had three closings.  Of course, nothing can be easy so there where some last minute hurdles to clear. 

For instance, while doing a final walk through with a buyer we find a Sheriff’s Sale Auction notice on the front door!  Rut ro!  I sent it to the listing agent at 9pm the night before our noon closing, who sent it to the title company who ran it up to their legal counsel and verified all will be made current at closing and we got the all clear…whew!

Another one…while the buyers of my listing where having their final walk through, they noticed that the refrigerator, washer and dryer that they had asked for in the Purchase Agreement, and that my clients had signed off on, were not in the home!  So at 4:30pm I’m calling my movers…they had two guys and a truck available at 9am…did I tell you we were closing at 10am!  Well, as it turns out it took longer to move the appliances back to the home than anticipated.  The good news is that the buyer’s had sold their home earlier in the morning but their funds had not come in yet so we couldn't fully close.  It’s called a “dry closing” meaning that all the documents were signed, but the money hasn't actually moved around yet.

One of my listings accepted an offer last week and will have the inspection soon.  On another listing we had an accepted a contingent offer and that buyer finally sold their home and removed the contingency and is ready to close next month.  Also, from that listing I received a call off the sign…I showed the home to those buyers who had an interest but also had a home to sell.  So I met with them last week and now have their home listed for sale and will be able to help them find another home.

Finally, next month I have a big “Lunch and Learn” at a local company.  Along with my mortgage contact, we’ll be presenting a series in their Financial Wellness program!  This will be a great opportunity to educate and, while it’s not the main goal, typically you pick up some new business as well…icing on the cake!

Looking for a home or just want to see what’s out there? Download my App and starting searching.  Click here to download it app.era.com/DMIRISH

From the IBJ: The average rate for 30-year mortgages rose from 4.56 percent to 4.57 percent for the week ended Aug 14, according to Bankrate.com.  The rate for 15-year mortgages fell from 3.62 percent to 3.61 percent.  

Call or email me here to start your home sale or purchase process, 317.910.4293 

August "Color of the Month"

Each month we highlight HGTV's "Color of the Month".  Many of us are looking for ways to make changes around the home and what better way than to use suggestions, pictures, and color input from industry leading pros at HGTV who know homes inside and out!  

Watch monthly as we put our spin on their info and pass it on to you!

Go to our sister site INDY FAMILY RESOURCE HERE for the full post!

Weekly Rate and Real Estate Update, 8.07.13

Great summer!

Dan’s activity this week:

So some schools have started up again and many more start in the next week…where did summer go?

Since it’s been a while since I last updated you all on what’s been going on in my wonderful world of real estate, I’ll give a brief overview to catch you up…it’s been a crazy good summer.

July flew by; I had 5 closings during the month and have another  4 that will close in August!  It looks like I’ll hit my goal this year of 27 closings.  To date I’ve close 17 deals with 4 that are Pending to close this year.  So I just need 6 more closings to hit the goal.  That shouldn’t be hard to do seeing as right now I have 12 homes listed that don’t have offers on them and 5 of those clients will also be buying a home as soon as theirs sell.

Since I think I’ll hit my closing goal but I’m a little behind on my revenue goal I’m upping my goal mid-year to keep challenging myself…I think 32 closings will stretch me and keep me motivated!

Another ongoing goal is to carry, at all times, 30 homes for sale.  That’s a BHAG (Big Harry Audacious Goal) but I took great steps to that this year by hitting 15 listings mid-summer.  I know I’ll need more help both from past and present clients and from hiring an assistant over this winter to hit the ground running the spring of 2014.  I’m also working on my business referral sources to keep the listings coming in.

Looking for a home or just want to see what’s out there? Download my App and starting searching.  Click here to download it app.era.com/DMIRISH

From the IBJ: The average rate for 30-year mortgages rose from 4.54 percent to 4.59 percent for the week ended July 31, according to Bankrate.com.  The rate for 15-year mortgages rose from 3.61 percent to 3.65 percent.  

Call or email me here to start your home sale or purchase process, 317.910.4293