Ebby Halliday Companies Set All-Time Sales Record


Ebby Halliday Companies Set All-Time Sales Record

 

Ebby Halliday Companies’ Associates closed more than $900 million worth of Dallas-Fort Worth and North Texas residential real estate during the month of June, setting an all-time monthly sales record for the company. The Ebby Halliday Companies includes Dallas-based Ebby Halliday Realtors and Dave Perry-Miller Real Estate and Fort Worth-based Williams Trew Real Estate.

 

Earlier today, President and CEO Mary Frances Burleson, addressed the company’s sales associates via her weekly e-mail communication, “Your professionalism and performance is outstanding. In true Ebby fashion, you clearly provide unsurpassed service to your clients, to your communities and to the real estate industry.

 

“We are honored to recognize your performance and your contribution to our collective success, Burleson added. “It’s our shared success that perfectly positions the Ebby Halliday Companies and its Associates for continued distinction and growth far into the future.

 

“I would like to personally thank each and every one of you for your individual achievement and for your invaluable contribution to the Ebby Halliday family of companies.

 

“Many, many thanks to you all! You are truly the best!”

 

And many thanks to you Mary Frances. We couldn’t have said it any better!

 

Top Tips for North Texas Home Buyers and Sellers


 

Homes selling above asking price, numerous offers for the same property, hip-pocket listings shared only by word of mouth – it’s no secret that the North Texas housing market is booming.

 

To help you navigate these unprecedented home-buying and selling waters, we polled Ebby Halliday Associates and collected their top tips for today’s buyers and sellers.

 

Buyer’s Tips
*  Be qualified. Pre-plan financing by meeting with a mortgage lender ahead of time and receive a pre-approval letter that may be submitted when you make a written offer. “Less paperwork and more personal attention” is more than a saying at Home Team Mortgage Company, Ebby Halliday’s affiliated mortgage source. Contact Home Team Mortgage Company for a frustration-free experience from loan application to decision.

 

*  Act quickly. In a hot market, acting slowly or sleeping on it may cost you the opportunity to buy the home of your dreams. If you’ve found a home you’d be thrilled with, don’t wait to submit an offer – other buyers will likely be doing the same.

 

*  Offer a compelling price. Sellers often price their homes based on historical sold data or appraisals, and in a strong market where prices are rising rapidly, homes may sell for the listing price or higher. Study the sold comps, but also compare the house you want to other homes on the market, and ask yourself, “What price am I willing to pay, and at what price am I willing to lose this house?”

 

 

Seller’s Tips
*  Market to everyone near and far. You have the best chance of selling your home for the highest price by exposing it to the largest number of potential buyers. When you list your home with Ebby Halliday, it will enjoy worldwide exposure on ebby.com, the gold standard in residential real estate websites. Ebby.com receives approximately 21,000 visits per day, far outpacing the competition.

 

*  Respond and keep momentum. There is an old adage that time kills deals. A buyer’s interest is at a peak level at the time he or she submits an offer, so keep the momentum going, choose the best offer, and respond promptly in writing.

 

*  Don’t be greedy. If a buyer offers an acceptable price and terms, sign the offer and your Ebby Halliday Associate will schedule a closing appointment and expertly guide you through the home-inspection and closing process.

 

Have a buying or selling question not addressed in this post? Contact one of Ebby Halliday’s North Texas offices and we’ll be happy to help in any way we can.

 

 

The Best Day to Buy a Home?


The Best Day to Buy a Home?

 

If you’ve ever bought a home, it’s likely you’ve heard that it’s better to buy in the fall and winter months to get the best deal – given less competition from other buyers in these months when families are entrenched in the back-to-school schedule.

 

But is this conventional wisdom really true? Yes, but with some glaring exceptions.

 

RealtyTrac analyzed more than 32 million home sales and below is what they found.

 

The best month to buy a home?

October.  Of the 2.7 million sales closed in October over the past 15 years, the average sales price was 2.6 percent below the average estimated full market value at the time of sale.

 

Following October as best months were February, July, December and January – all fall or winter months except for July, which was definitely a surprise.

 

The best day to buy?

Monday. Out of 5.5 million home sales over the past 15 years that closed on Monday, buyers realized an average discount of 2.3 percent below full estimated market value at the time of sale.

 

Friday is the second-best weekday to close on a home purchase. Buyers who closed on Friday realized an average discount of 2 percent.

 

The best day of the year to buy?

October 8. According to RealtyTrac data, on average, buyers have purchased 10.8 percent below market value on October 8, followed by November 26 (10.1 percent below market value), December 31 (9.7 percent below market value), October 22 (9.6 percent below market value), and October 15 (9.1 percent below market value).

Is Now a Good Time to List a North Texas Home?


Is Now a Good Time to List a North Texas Home?

 

The arrival of fall (at least on the calendar) offers a great opportunity for a check-up of the local housing market. We reviewed the latest numbers and one thing we can say for sure is that what was once considered real estate wisdom – the ideal time to list your home for sale is the traditional spring selling season – is no longer true for Dallas-Fort Worth-area homeowners.

 

Year-over-year home sales for August and the current low inventory of homes available to purchase indicate there is no reason to wait until spring to list a North Texas home for sale. The latest numbers from North Texas Real Estate Information Systems offer a very compelling case for sellers who would like to get a head start on their potential competition.

 

A few of the highlights from the NTREIS numbers for August 2016 vs. August 2015 include:

 

*  The average sales price of a North Texas home has risen 7.9 percent.

*  The average time a home is on the market is only 37 days.

*  The number of homes for sale is down 10.8 percent.

 

With inventory tight and homes selling very quickly, it’s critical for buyers in Dallas-Fort Worth to define their priorities early on to streamline their house-hunting process.

 

While today’s homebuyers have access to a wealth of information, what they often don’t have is a way to tailor that information to their needs. That’s where a properly educated real estate professional can save you a great deal of time and money. You’ll breathe easier knowing that you have an Ebby agent representing your best interests in what may be the most important decision you’ll ever make.

 

Considering buying or selling a North Texas home? The best place to get started is the award-winning ebby.com, where you’ll find just the right agent for your needs.

 

PHOTO: The home at 5730 Mercedes, which was sold by Ebby’s Hotchkiss Group, went under contract in only two days.