Dallas-Fort Worth Real Estate Podcast with The Good Home Team Nick Good

iBuyer companies have become increasingly common in our market, but this supposedly convenient way to sell is actually more trouble than it's worth. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale You’ve probably heard of companies like Opendoor and Offerpad, which claim to offer a fast and convenient alternative to the traditional home selling experience. However, is working with one of these “iBuyer” companies really the best way to go about selling your property? Actually, there are some significant drawbacks to this arrangement.  One of the most obvious disadvantages is that you’ll earn less for your home. These companies use automatic valuation tools, like the one behind Zillow’s highly inaccurate Zestimate feature, to determine the price they’ll pay for your home. Usually, this figure is between 10% and 20% below your home’s fair market value. So why would anyone work with an iBuyer? Well, in fairness, selling outright to one of these companies can be a more expedient option than listing on the open market. Sellers in urgent need of a fast sale may look to iBuyers as a convenient solution. At the end of the day, iBuyer companies are nothing more than glorified house flippers. ” This sounds great in theory, but there is a catch. Even if an iBuyer’s initial offer seems reasonable at first, you’ll find that they compensate for this by charging a 6% to 13% “convenience” fee. In other words, not only do iBuyers offer less than you could earn by listing with an agent, they also charge more than a typical Realtor’s commission. To give you an example, take the story of one of my past clients. This client had a home worth approximately $325,000. The iBuyer company they were thinking of working with came in with an initial offer of $318,000, which, at first, my client was thrilled about. It was only when they noticed the fine print in their contract that they learned this is not the figure they would ultimately earn. Not only was the iBuyer going to charge them a 7.5% convenience fee, but they were also going to knock the price down based on issues found in the home inspection. When all was said and done, this would have amounted to a $33,000 reduction from the initial offer price. At the end of the day, iBuyer companies are nothing more than glorified house flippers. If you truly want a fast, convenient deal, then reach out to my team and me about our guaranteed home sale program. Essentially, we guarantee we’ll sell your home in 39 days or less, or we’ll buy your property ourselves.  If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

What’s the latest news in our Dallas area market? Let’s take a look today. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale In today’s Facebook Live interview, I’ll be going over the latest numbers and stats in our Dallas real estate market. For your convenience, I’ve included timestamps of today’s market update. Feel free to navigate to the section(s) you’re most interested in viewing: 00:27 — What’s going on in the market currently? 01:33 — How are inventory levels? 02:20 — What does increasing inventory mean for you? 03:27 — The trends I see that aren’t being reflected in the numbers 05:23 — How to contact me 06:31 — How to get housing reports for your area If you have any questions or would like more information, feel free to reach out to me. I look forward to hearing from you soon.

How can you make the most money from your home sale? Here’s what I recommend. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale Now that the spring selling season is at our door, a lot of sellers have been reaching out to me to find out how they can net the most on their upcoming home sales. Today I’ll be giving you an in-depth look at what you’ll need to do in order to have a show-ready home that will sell for top dollar in our market. For your convenience, I’ve included timestamps of today’s conversation. Feel free to navigate to the section(s) you’re most interested in viewing: 00:05— An introduction to today’s topic 00:53— Homes need to be presentable 01:25— Marketing needs to be done differently 02:22— How our new partner can renovate and update your home 03:45— Which option is best for sellers with out-of-date homes? 06:04— How to find out what works best for you 07:00— How to contact me If you have any questions or would like more information, feel free to reach out to me. I look forward to hearing from you soon.

In a recent interview, I covered a few important questions about the state of our market. I’d like to share this full conversation with you today. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale Now that 2019 is well underway, it’s time to review some market trends we’ve observed so far. I recently sat down for an interview on the subject, and I’m excited to share the full conversation with you today. Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:  0:24 — How is the market right now in general? 1:42 — What are some strategies sellers can use to sell quickly and for top dollar? 4:48 — What’s on the horizon for our Dallas area market? 6:12 — How does today’s market compare to a typical one? 6:42 — How to contact the Good Home Team If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

Buying a new home comes with a new set of challenges that you won’t see with a pre-owned property. Here’s some advice on what you need to look out for. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale I recently sat down on Facebook Live for a great interview about home buying—specifically, new construction home buying. I answered some commonly asked questions about the process, gave tips, and more. Here’s an outline of the discussion, with timestamps so that you can skip around to the topic(s) that interest you the most: 0:40- How buying a new home is different from buying a pre-owned home. 1:15- Is hiring a real estate agent necessary for a buyer? 2:20- The different new home options for buyers and how to negotiate with the listing agent. 3:30- Will new home construction be affected by the recent market slowdown? 5:15- Working with a builder versus working with a homeowner. 6:30- Some more benefits of buying a new home with an experienced agent. If you have any questions for me in the meantime about this topic or about anything else related to real estate, don’t hesitate to reach out and give us a call or send us an email today. We look forward to hearing from you.

Will you be ready for the spring selling frenzy? Here’s how to best prepare. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale Spring is just around the corner, and it’s historically the most active time of the year for home sales. Therefore, the time to prepare is now. If you don’t know where to begin, don’t worry—we have you covered. Today we’ll be sharing the best ways to ensure your home is ready to sell for top dollar this spring. For your convenience, we’ve included timestamps of our conversation. Feel free to navigate to the section(s) you’re interested in viewing: 00:06— Introduction to today’s topic: how to sell in spring 00:55— Selling in winter versus selling in spring 01:26— Information about our upcoming Date Night event 02:30— What you should be doing right now to prepare for a spring listing 04:13— Should you sell first and then buy your next home, or buy first and then sell? 07:01— Strategies and steps for buying/selling this spring 08:27— How to reach out to the Good Home Team 09:20— A recap on the upcoming Date Night event on February 12 10:13— Conclusion to our conversation If you’re looking to buy or sell this spring, have any questions, or need further information, feel free to call 972-215-7653, email Nick@GoodsHomes.com, or visit our website at TheGoodHomeTeam.com. In the meantime, we look forward to hearing from you soon.