Russ Wald

AZ Mr. Lister


West USA Realty

480-298-0708

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Questions to ask your Realtor

January 9, 2017 By alphaadmin

When it comes to putting your house on the market finding the right agent to list and market your property can be a daunting task.  Often the initial meeting (commonly referred to as the listing appointment) is where the agent will go over all the information that they have collected about your house and your neighborhood. They will show you the comps (comparable properties) that have sold in your area as well as (hopefully) properties that have been listed but not sold.

At this point it is likely that the agent will tell you the price that they think your home should be listed for to have the best chance of selling.  It is a good bet that if you interview five agents, you will get five different prices, but they should be close.

Most often sellers have two main questions for listing agents.

How much will you sell my house for?

How much is your commission?

While these are both good questions, there are more that you should ask to make sure that you are hiring the right agent for you.  Here is a list of questions that should help you to determine if you are hiring the right person.

Is Real Estate your only job?  Hiring an agent who only works in Real Estate will make it easier to get in touch with them quickly which is important as much of the paperwork required to successfully sell a house is time sensitive.

What is your annual production?  This is a good way to gauge if the agent is selling a lot of homes.

Do you work with buyers and sellers?  Having an agent who does both could potentially open your home to a larger pool of buyers.

What is your marketing plan for my home?  This question is so important!  A good agent will have a plan to market your home to get the best price in the shortest amount of time.

Do you work alone or do you have a team?  Many agents will say that they are part of a team of agents, but often this is just a group of agents that have banded together to share some costs by calling themselves a team.  This does not usually benefit the client.  The sort of team that will benefit the client is a small team with defined roles.  For example, a selling agent, a buyers agent, and an assistant.

How many sellers are you representing right now and do you have help?  This goes along with the question about a team.  If your agent says they are representing many sellers but have no help, they may not have the time to properly service their clients.  This is where the right team set up is crucial.

How long have you been in Real Estate?  Hiring an agent that is experienced has many benefits.

How will we communicate?  This is an important aspect that is often overlooked.  You will be in contact with your agent quite a bit while your home is listed and even more after you get an offer.  Making sure your agent knows how you prefer to communicate can mean the difference between responding to an offer on time and missing out.

Can you explain to me what happens after we get an offer?  There are many steps between listing a house and closing, knowing what to expect will make the whole process smoother for you as the seller.

Remember, whoever you choose will be working with you to sell your home, probably the largest asset you have, make sure it is someone you trust to do the job right.  By asking these questions you should be able to choose the agent who is right for you.

Filed Under: Blog Tagged With: home sellers, interviewing, Listing, Realtor, selling your home, sold

Events Happening in January

December 30, 2016 By alphaadmin

6th Street Market

Family-friendly community event in Downtown Tempe. Original art, live music, shopping and activities complements all the other wonderful attributes of the downtown area and Mill Avenue shops, bars and eateries.

 

When: Sundays, Jan.-May 2017 from 10am-4pm

Where: 24 E. 6th Street, Tempe, AZ 85281

Website: http://www.downtowntempe.com/explore/6th-street-market

 

45th Annual Gem and Mineral Show

Phoenix area’s largest gem and mineral show. (Featuring jewelry, gems, beads, fossils, minerals and lapidary supplies)

When: Jan. 6-8th from 9am-5pm

Where: Mesa Community College

Price: Free

Website: http://flaggmineralfoundation.org/home/flagg-gem-and-mineral-show/

 

Gilbert Art Walk

Support local artists showcasing homemade pottery, photography, jewelry, clothing, prints, sculptures, collages, wood items and children’s art products. In addition to artists’ booths there are dance and music performances and a children’s art table.

 

When: Jan. 7th from 9am-1pm

Where: Water Tower Plaza in downtown Gilbert

Website: http://www.gilbertartwalk.com

 

Beyond the Bricks

Head down to Hayden Square Amphitheater every Thursday for Live Music, Beer + Wine, and Food from Downtown Tempe Eateries. Bring a blanket and get ready to listen to some tunes or round up your work squad for the best happy hour ever. Best of all, Beyond the Bricks, Thursday Night Live is completely free to attend.

 

When: Jan. 12th from 5:30-7:30pm

Where: Hayden Square Amphitheater

Price: Free

Website: http://www.downtowntempe.com/events/beyond-the-bricks

 

Arizona Fine Art Expo

In 2005 The Arizona Fine Art EXPO made its debut and received outstanding reviews.  This incredible feat was achieved by enlisting the help of her family and creating a partnership with Judi’s husband Roger, Dennis, her brother, and his wife Judy. Together, they now proudly bring you the 12th Annual Arizona Fine Art EXPO.

 

When: Jan. 13th-Mar. 26th, open 7 days a week from 10am-6pm

Where: 26540 N. Scottsdale Rd. Scottsdale, AZ 85255

Website: http://arizonafineartexpo.com/

 

Barrett-Jackson Classic Car Auction

The Barrett-Jackson Collector Car Auction in Scottsdale will take place over eight days incorporating special events, displays and activities. The auction will feature more than 1,000 collector and special interest automobiles from all years being auctioned off at No Reserve, as well as daily “automobilia” auctions. Over 350 vendors and exhibitors will also be on hand.

 

When: Jan. 14-22nd

Where: Westworld of Scottsdale, 16601 North Pima Rd. Scottsdale, AZ 85260

Website: https://www.barrett-jackson.com/Events/Event/Home/Scottsdale-2017/5a0b6fec-3238-4bae-baba-7d93140cba83

 

Disney on Ice: Worlds of Enchantment

Rev up for non-stop fun with four of your favorite Disney stories. Thrill to high-speed stunts as Lightning McQueen and the crew of Disney Pixar’s Cars race across the ice! Dive into adventure with Ariel and The Little Mermaid’s undersea kingdom. The toys are back in town with heroic action when Buzz, Woody, Jessie and the gang escape Sunnyside Daycare in their most daring adventure! Plus, enter the wintery world of Arendelle with sisters Anna and Elsa and pals Olaf and Kristoff from Disney’s Frozen as they learn that true love comes from within.

 

When: Jan. 19th-22nd

Where: Talking Stick Resort

Website: http://www.disneyonice.com/worlds-of-enchantment?h=1

 

6th Annual Arizona Balloon Classic

About 25 balloon teams are expected to take part in the Arizona Balloon Classic at the 5th annual event in December 2015. Over the three day festival, thousands people will enjoy early evening balloon glows, morning balloon launches and landings.
When: Jan. 20th-22nd

Where: 2209 N. 99th Ave (I-10 West & Loop 101) Phoenix, AZ

Website: http://abcfest.com/schedule-of-events/

 

 

Filed Under: Blog, Cultural & Entertainment Tagged With: events, local, new years

Market is heating up

March 19, 2016 By alphaadmin

Properties in the surrounding areas are starting to sell at a quicker pace than they were.  The family home season has begun in the Phoenix market place.  Homes will start to sell at a brisker pace and the days on market will continue to drop from now till August.  I have noticed that the homes in Las Sendas have started increasing in values and are getting sold faster.    If your looking to buy a home with 4 or more bedrooms my advice would be start early.

Filed Under: Blog

Problems with Zillow 101

November 19, 2015 By Russ Wald

Thousands of new home buyers and sellers begin their searches on Zillow every day, sadly this isn’t where there should be looking.

Missed

Zillow is misleading

As most people probably already know, Zillow gets its listing information from a variety of online sources. This sounds like a good thing, as it keeps its options open…but this is indeed not a good thing.

Not all of the information is accurate and much of the information is outdated. For example, anyone can post a “home for sale” on Craigslist, and the Zillow syndicator with pick it up minutes later and add it to the roster without knowing if it is a legitimate MLS listing. Anyone can post any ad on Craigslist, and Zillow will add these listings without knowing if it’s fake or a scam.

As for Zillow lilstings not being up-to-date, the Russ Wald Realty group always receives calls from buyers inquiring about homes that haven’t been on the market for months.

Local Real Estate sites are more accurate

MLS listings that are posted by Realtor associations have strict standards that are put in place to protect the public. This means that the listings must have current and correct information that is obtained from the sellers through a form called the seller property disclosure statement also known as the SPDS. Realtors must follow a strict rule book in regard to MLS listing and advertising. Luckily, all of this great MLS information is now available to the public.

Russ Wald and other real estate agents/local brokers publish this MLS data right onto their websites with the help of IDX providers. The information seen on these individual on these local agent and brokerage websites is almost always more accurate than the information seen on Zillow.

Zillow Zestimates are way off

Here’s the deal, market values change from week to week, and values change depending on neighborhoods. No algorithm, even if it is the greatest technological compound, will be able to tell you if the kitchen has been updated or if the property hasn’t been well-kept.

According to Zillow’s website, the Zestimate has a median error rate of 8%, which means half of the Zestimates in an area are closer than the error percentage and half are farther off. For example, in Seattle, Zestimates for half of the homes are within 6.6% of the selling price, and half are off by more than 6.6%.

A zestimate may be a starting place for you, but you’ll definitely need to go a step further and contact some professionals to receive accurate information on a particular property.

If you’d like more information on the value of your property, or if you’d like any help with buying and/or selling you home, feel free to contact the Russ Wald Realty Group at (480)298-0708!

Filed Under: Blog Tagged With: az real estate, east valley real estate, home buyers, home sellers, russ wald, russ wald realty, russ wald realty group

For Sale By Owner: Do I even need a realtor?

October 11, 2015 By Russ Wald

FSBOvsREALTOR_Ashore_Realty

With all of today’s increasing technology and access to information, a new question arises in the world of real estate for home sellers. That question is, “Do I even need a realtor?”

The answer to this question is most likely, yes. And we’re here to tell you why.

The most important reason to have a realtor when selling, is that they really do have the capability to get you more money for your home. According to the National Association of REALTORS, statistics reveal that homes listed for sale with a real estate agent sell for $46,000 more on average than For Sale By Owner houses.

FSBO-vs.-Agent-133d1a
Click photo to enlarge

Realtors have access to market data about recent sales and other homes on the market that can be used to set the correct price for your property. Studies show that homes sell quicker when they are priced appropriately when they are first listed. They also tend to sell for a higher price than homes that have been on the market for a while.

One thing that new sellers fail to realize is that selling your home yourself is way more than just putting a “FOR SALE” sign in the yard. You need to have a sales plan.

Realtors have professional marketing knowledge and connections to other Realtors who work with buyers. They also have the support of a brokerage that will market your home to more people than you can as an individual.

A Realtor can help you negotiate a contract that not only gives you an appropriate price for your home, but also meets your needs for a settlement date. Additionally, they can make sure your contract is in compliance with all local regulations.

A Realtor can screen visitors to your home, which provides a measure of safety that ‘For Sale By Owner’ sellers don’t have. Realtors also have the means to check if buyers are legitimate and can afford to purchase your home. Your realtor can help you avoid wasting time showing your home to unrealistic buyers.

They give you more convenience. If you are selling your home yourself, you will have to solicit calls from interested parties, answer questions and make appointments. Please know that potential buyers are likely to move on if you tend to be busy or don’t respond quickly enough. Realtors have the full time job of being your connection to prospects, and catering to prospects.

The bottom line is that with the art of negotiation, leverage of local knowledge, use of valuable marketing tools, greater access to the market and ability to qualify buyers, realtors can definitely get you more money for your home.

If you’d like to get an idea of the value of your home, and/or are looking to sell, please reach out to us. We’d love to help!

Filed Under: Blog Tagged With: 2015 real estate market, for sale buy owner, fsbo, homes for sale, phoenix realtors, russ wald, russ wald realty

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Russ Wald

"AZ Mr. Lister"

4050 S. Arizona Ave. Ste. #4 Chandler, AZ 85248

480-298-0708

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