scottsdale home buyers in back with a key dangling in front

In 2009 I wrote an article based on an HGTV "reality" show about a real estate sale in Chicago - you can read it here.  Today I read an article from Inman News about real estate and reality TV.

When I write my own blog post in relation to a published article I usually go down the original list and write in my own thoughts.  I'm going to tackle it a bit differently today.

Editing and True Reality

Unless you've been interviewed for an article in a newspaper or magazine or have been on a television show, you don't realize how editing can skew your entire interview or the true happenings while filming a show/documentary.

I've been published many times in local newspapers and The Wall Street Journal Online even published a story about me losing…

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Scottsdale real estate neighorsThis is part 2 of the Real Estate Neighborhood Expert series – click the link to see what started these posts.  In a nutshell, this series began from an article I read in Inman News.  The author was blasting agents that call themselves area experts.  His thoughts were that these so-called experts would take high-priced listings because they weren’t keeping abreast of local market conditions.  I commented on his post and wrote my own response, which you can read using the above link.  That post is very long so I’m going to create some shorter posts to highlight specific things referred to in the Inman article.

You’re not an expert if you don’t know the current market value in your area

Personally, I don’t see many, if any, real estate agents…

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What Is a Real Estate Neighborhood Expert?

aerial photo of scottsdale homes

Searching Google, here is the definition of the word "expert" from the online Merriam-Webster dictionary:  "having or showing special skill or knowledge because of what you have been taught or what you have experienced."

Many Scottsdale real estate agents are trying to rein in the large areas they cover.  They want to establish themselves as a real estate "neighborhood expert," or the "local expert" in their community. Some consider themselves the local expert in their subdivision or condo/townhouse association. Agents reducing their area of expertise to this kind of extremely specific, smaller area are probably the closest you'll get to a true neighborhood expert.

There is an agent I've read about…

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rehab or rent out your scottsdale real estate

Despite the bleak economic forecast for some industries, real estate is gaining traction. Trends such as "18-hour cities" and millennial parents increasingly moving from urban areas out into the suburbs, according to the Urban Land Institute's 2016 Emerging Trends in Real Estate report released earlier this year, indicate that real estate as an industry is gaining strength with each passing day. "The next 24 months look doggone excellent for real estate," according to one lending officer at a prominent financial institution.

Because of these tendencies, Scottsdale real estate is a good area to invest and develop your wealth. Because of the housing crisis, flipped homes tend to sell fast and for a premium price, and the growing demand for rental…

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college graduates hat and book purchasing first Scottsdale homeAre you a recent grad thinking about buying your first home? Tread carefully. Although the historically low rates for a home may give reason to salivate, you want to take a closer look. With the FED’s plans to slow down the “quantitative easing” (QE3) over the next year as announced last month, we may soon see long-term interest rates going up. It may seem like a good idea to jump on the low interest rates before they go up. However, if you have student loan debt, it is critical that you consolidate your loans now. With that said, here are some considerations to ponder before buying your first home.

LOW RATES DOES NOT EQUAL AFFORDABILITY

Just because rates are low, doesn’t mean you can afford it. You may not even qualify to receive a low…

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a scottsdale home for sale

Should You Buy New or Resale Scottsdale Real Estate?

Maybe your dream home in Scottsdale has Saltillo tile, a front porch with a beautiful water fountain, a tall palm tree in the back yard and an older saguaro in front, with an inground pool. You might need to look at existing homes vs. new ones because these few items can be very expensive additions to today’s new construction.

You might be surprised to learn that not everyone has a pool in the Valley. Most don’t want the upkeep, but personally, I couldn’t imagine not having one. That’s where I do my exercising.

Tall palm trees and saguaros aren’t going to be part of the landscaping you’ll get with new construction. Of course, you could spend the money to get established, grown plants, but…

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The Greater Phoenix area flyover area

Our main cities are listed below. Click on the links to access each village's main page that offers a list of that town's single-family homes for sale along with current village real estate data such as the number of properties currently for sale and average, high and low prices.  You'll also get information about the towns with helpful links to local information.

  • Carefree
  • Cave Creek
  • Fountain Hills
  • North Phoenix
  • North Scottsdale
  • Paradise Valley
  • Scottsdale

As a family team, we are able to go outside of these towns and cover almost any Greater Phoenix area, so please contact us if you're interested in a city not on this list.  Also check our full list of towns we work in by viewing the communities on the left navigation…

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I was laughing out loud at an article I read about an ABC News 20/20 interview with some real estate agents and their claim of "blowing the whistle on shady real estate tricks." I'm not saying this stuff is never done and there are bad apples in real estate like any other business.

woman interviewing scottsdale real estate agent

Here is my personal response to some of the so-called tricks based on interviews with 2 reality TV real estate agents, Ryan Serhant, the star of a Bravo reality show and Sandra Rinomato, the former host of Property Virgins on HGTV:

Bait and Switch

Serhant, an agent in New York City (which I've heard does not utilize an MLS like we do in Arizona and most other areas in the United States), states that agents keep listings up long after they've been sold.

My…

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happy family in front of their new scottsdale home

Prices and sales have dropped substantially since the real estate bust. Some areas like much of Florida, Las Vegas, NV, and Phoenix, AZ were hit hard, with more than 50% decreases in home values.  The amount of annual sales has also decreased.

California showed decreases and popped back the quickest. Many areas in the state are back to a seller's market with decreased inventory and buyers wanting to still get a good price at low interest rates.

Low inventory across the nation is causing multiple offers on well-priced properties. Even in the Greater Phoenix area, we're seeing multiple offers in lower price ranges, and the best-priced homes in most any price range can sell quickly. Below is an infographic created by Active Rain (an online…

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watching scottsdale real estate on tvI caught a great "Buy Me" show on HGTV today that was shot in Chicago.  It was very interesting because one of the owners was a long-time veteran real estate agent that had her REALTOR® son list the home.

It was a very unique, custom-styled 3-story and although the homeowners seemed to acknowledge that they were looking for that special (needle-in-a-haystack) buyer, they were not cooperating with their son about staging the home and pricing it correctly.  And it kind of bothered me that as a real estate agent, the wife was one of the most difficult to convince.

She had a difficult time de-cluttering and kept items that her son tried to get her to store away.  And she wanted to try a very high price even after her son showed her comparables and tried…

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