House Photos at Dusk

When I list a house for sale, I enjoy getting a variety of photos.
One of my favorites is getting a series of shots at dusk, with all the lights on and the house looking warm and welcoming.  It requires a special trip back to the house, but the results make that quite worthwhile.  I usually use one of the dusk photos as a feature photo on the Triangle MLS, and Realtor.com

Here are a few listing photographs I shot in Cary and Apex:

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Photographers call dusk “Magic Hour.”  I think a nice dusk photo of a pleasant home helps curb appeal, exposes the home for sale in a nice fashion, and makes the listing stand out to Home buyers.  And, home sellers always like to see their property shown in the best possible light.

“Coming Soon” culture? Is this current fad of REALTOR® MLS Members Eroding the Credibility, Equity Value, and Integrity of Our Multiple Listing Service?

You see it more and more.  Real Estate Signs blaring “COMING SOON!!!”  “COMING SOON” riders hung on signs for weeks.  And the big day never arrives.  The home never “Comes.”  It just “Goes,” as in Under Contract.   A listing goes to Contingent status, under contract, in Zero (0) Days On Market.

“Wink, wink.  MLS rules say I cannot show it to you while it says ‘Coming Soon.’  But, for you….”  When you drive past a Coming Soon sign in a hot Cary neighborhood and see folks going up the sidewalk to the house from a car with a REALTOR® sticker on the tailgate, you just know that “Coming Soon” means “Came Ahead of Schedule.”

REALTOR® members of the Triangle MLS agree to post all listings to the MLS, unless the seller wants it “Withheld.”

This convention of membership does a few things:

  • It assures sharing and cooperation between brokers, as they have agreed.
  • It helps assure that the sellers’ properties are exposed to the market, to garner the seller more chances of receiving the highest possible offer with the best possible terms.  This is a fiduciary responsibility of the listing agent.
  • It supports OUR MLS as the “Go To Resource” for legitimate real estate listings, data, and history.

And we are seeing those points undermined by a marketing fad.  The issue has become pervasive enough that the NC Real Estate Commission had to weigh in on “Coming Soon!” in the latest Real Estate Bulletin.  Sometimes folks ought to read the Articles before gleefully leafing back to the Punishment Porn to “Tut Tut” about whoever got their wrists slapped for DWI.

Why do agents post “Coming Soon?”

  • To build market interest for a quick sale?  Heck, we are in a hot market.  If the house is right and priced right, just going “Active” on the MLS is enough to generate enough traffic to get it sold in a week.  It is happening all over the place in Cary, Apex, Raleigh, Morrisville, Holly Springs, etc.
  • To get phone calls and milk buyer clients from the listing?   We might be getting a little closer there.  “Sorry.  That one isn’t ready.  Are you working with a buyers’ agent?”

How does that serve the owner of the listing, to divert a buyer by prematurely putting up a sign?
Well, that hotbed of buyer leads may go under contract in a few days.  When it is Contingent or Pending, the sign calls may decline or cease altogether  and it serves the agent well to keep a sign up for as long as possible to get sign calls and buyer leads…

Whoops!  Just wait a second on that second point.
Since when is the purpose of a listing agreement with a fiduciary role supposed to serve the listing agent?   I think “Never.”  Tell me I am wrong.

Realty Arts, LLC: A New Name. Same Real Estate Service Philosophies

“Do you sell homes in Raleigh?” used to be a common question. Or homes in Apex? Or Morrisville? Or Holly Springs?
Concentrating marketing near my home in Cary, and my website: CaryRealEstateSales.com worked together to make the questions quite reasonable.

And, Yes. I sell homes in Raleigh, Cary, Apex, Morrisville, Holly Springs. Yes, I sell homes in Durham. Chapel Hill, too. Garner. Yes, I sell homes in Chatham County. Etc. I sell homes all around the Triangle.

I opened as an independent real estate broker in December, 2012, leaving KELLER WILLIAMS® Realty in Cary behind after 7 great years. And in February, we formed the LLC, Realty Arts, LLC. I wanted something catchy and not anchored in one town or geographic local area by its name.
New domain name: www.RealtyArts.com and more good real estate stuff to follow.

My focus group (friends and family) was somewhat split on “Realty Arts.” Some liked it a lot. And some, a LOT less. “What do Real Estate and Art have to do with each other?” and “It sounds like you are selling paint,” were two comments.
Well, think of other great strong real estate companies. What about “Century 21” or “ERA” or “Zillow” or “Trulia” screams “real estate?” The words alone don’t do it. It’s their marketing that puts their message and meaning into your mind.
“Oh, yes. If you market your brand, it will have meaning to the public.” Sure. McDonalds, Coca-Cola, Honda, you name it. And, “Realty Arts” already has “realty” in it. Off to a good start!

Regarding “Arts.” Besides focusing on an artist’s palette of oils, or acrylics, or clay, landscapes or portraits or statuary, I am focused on the skills attained through study and practice that will help me be a great Realtor®.

The Art of Service.
The Art of Negotiation.
The Art of Home Sales.
The Art of Poise.

The list of skills that can be developed to an Artful level goes on and on.
Study + Practice + Skill + Application = Service.

I had fun with a client this evening, referring to myself as “Realty Artist, Mike Jaquish.” Then, I thought, a lofty goal to attain. Why not?

HUD Home: 307 Swordgate Drive, Cary NC 27513. Davis Drive, Davis Drive, Green Hope HS

307 Swordgate Drive in Cary is a HUD Home in a great location with Davis Drive and Green Hope School assignments.

HUD Case Number 381-915588

Only $265,000. HUD Home: 307 Swordgate Drive

307 Swordgate Drive in Cary is a cute 5 bedroom home with great potential, and priced at only 265,000, in MacArthur Park.

See 307 Swordgate Drive listing on my No Hassle Property Search.

Great House with a ton of Potential

This HUD-Owned Home offers:

  • 2776 Square Feet
  • 5 bedrooms with a vaulted master suite.
  • 2.5 baths
  • Only 16 years old, built in 1995.
  • Family room, Office/den, and living room.
  • Large sunny kitchen with smooth-top stove
  • Great deck in a lovely and private, fenced back yard.
  • Natural Gas heat
  • 2 car garage.
  • Easy care vinyl siding
  • Convenient location with Daveis Drive/Davis Drive/Green Hope School Assignments.
  • Great Town of Cary services.

Huge Bright Cook's Kitchen

Bright Sunny Kitchen

Dual Vanities and separate shower and soaker tub

Master Bath has separate tub and shower, and dual vanities

Private yard with nice landscaping and deck

Private back yard and large deck

HUD Requires you to use a HUD-Registered agent to write and present your offer. I am a HUD-Registered agent and can serve you as your Buyer’s Agent and write your offer.

Call me to arrange your personal showing of this great opportunity in Cary.

Mike Jaquish, REALTOR®

919.880.2769

http://caryrealestatesales.com/

Broker Associate

KELLER WILLIAMS® Realty Cary NC

Fair Housing logo

Creating Urgency? Or, Raise Interest Rates to Sell More Houses?

Raise interest rates to save the housing market.

I have a client telling me that the Fed is working against home sales by artificially holding interest rates down.  That people feel like they have at least two more years to watch housing, at least until mid-2013, which is the current apparent horizon of low interest rate projections from the Fed.

He says (actually, it was his very intelligent wife whom he quoted with full admiration and attribution), “Why feel urgency to borrow now, when we are clearly told that rates are going nowhere, and prices are feeble.”

Hard to argue with.  So, the Fed has drained urgency out of the housing market; the National Association of REALTORS® and REALTOR® members support that effort, and then in a disconnect, they work themselves into a lather with educational sessions and programs and seminars to learn how to “Create Buyer Urgency!”  Well, I have been hearing for 5 years that rates are going to go up.  And the Fed tells me I will likely hear it for a couple more years, as we witness ongoing record low mortgage rates.

And I am supposed to look like a goon and twist arms to “Create Buyer Urgency” because rates will go up?
Nope.  Not me.  If you are ready to buy a house, give me a call.  If not, think your way through it, and I will be around when you ARE ready.  No pressure.  No hassle.

Maybe instead of another silly 1st time buyers boondoggle, the Fed should just give us a road map plotting how and when rates will escalate.  It just might shake some money loose and get it into circulation.

“The FOMC left its benchmark interest rate in a range of zero to 0.25 percent, where it’s been since December 2008 and reiterated language from its August meeting that the rate is likely to stay very low through at least mid-2013.”

From Bloomberg By Scott Lanman and Craig Torres – Oct 13, 2011 12:00 AM ET

505 Spencer Crest Court, Cary NC 27513

This one is S-O-L-D!

505 Spencer Crest Court is a lovely home, nearly new, in Bexley at Weston, in north Cary.

505 Spencer Crest Court offers:

  • 3252 Square Feet
  • 5 bedrooms, including one on the main level
  • 3 full bathrooms, all with tile
  • Granite tops in the kitchen and master bath
  • Stainless steel appliances, including gas cooktop
  • Hardwoods on the main level and the entire staircase
  • Excellent bonus room for media
  • Large open 2nd level loft for reading nook, school desks, etc.
  • Exterior is brick on four sides, with stone and fiber-cement accents
  • Low maintenance lot, with reclaimed water irrigation and attractive landscaping
  • Wonderful and convenient N Cary location

Access to points of interest is excellent, including Raleigh, NC State University, RDU Airport, NC State Museum of Art, the NC State Fairgrounds, Umstead Park, North Cary Park and Town of Cary Greenways, and Wake County Lake Crabtree Park.

505 Spencer Crest Court is located outside the RDU Air Traffic mandatory notification zones. There may be occassional air traffic, but not at a level that mandates disclosure.

Call me for a showing or more information:

Mike Jaquish, REALTOR®
919.880.2769

Broker Associate, KELLER WILLIAMS® Realty
Cary NC

De-Clutter your Attic when Staging your Home for Sale! 60 Seconds in Real Estate Cary NC

Listing Agents should encourage de-cluttering of storage areas to impress buyers and buyers agents.



Cary NC Real Estate Talk

Selling Your Home?  De-Clutter Your Attic!

Many home sellers in Cary have embraced some degree of staging their home for sale.  Listing agents are seeing more interest in home staging, de-cluttering, and generally making the home show better.
And then we get to the attic, basement, or garage.  Those areas are all too often overlooked in the staging process.  Large spaces show well when they are open, and the home buyer and their buyers agent are impressed with spaciousness in storage.

My advice?  De-Clutter the auxiliary spaces and storage areas for better showings!


Real Estate Sales Settlement and Closing in Cary NC, 60 Seconds in Real Estate, Cary NC

Buyers need to know when they will receive keys to the house. Typically, that is after Closing.





Settlement vs. Closing in Cary NC Real Estate

Folks buying or selling a home in Cary need to plan well for activities around Settlement and Closing. And they should be able to expect some guidance from their Listing Agent and Buyers Agent.

And, many home buyers in Cary do not know the difference between Settlement and Closing in a North Carolina Real Estate transaction.  When using the NC Association of REALTORS® Standard Offer to Purchase and Contract, the two terms have significantly different meanings.  "Settlement" is the signing of documents related to conveyance of the property.  "Closing" is when the Closing Attorney actually records the Deed at the Wake County Courthouse.  Buyers are still Buyers until the Deed is recorded.  After Recording, i.e., "Closing," Buyers become "Owners."

 


Expired MLS Listing? I’m sorry to hear it! 60 Seconds in Real Estate, Cary NC

Expired Listing? How can I help?





Expired Triangle MLS Listing?

If you have ever had a home on the market, with a Triangle MLS Listing that expired before you were able to sell your home, you probably experienced an onslaught of REALTOR® traffic, with a wide variety of professionals telling you they had the answers to your problems.

Me?  I don't call folks whose listings have Expired or been Withdrawn.  I figure they are deflated enough.  Yet, I have had some success selling homes after others were not able to.  Some times it is just because my photos are better than a lot out there, or because I do a better MLS presentation, along with some more aggressive internet marketing.  Sometimes it is because I tend to keep an eye on my vacant listings and primp them a little so they show well.

Whatever.  I'll keep doing what I do:  Servicing clients' needs.
And I will keep not being a nuisance to people who are on the Do Not Call list, or who are besieged by hopeful potential listing agents.

But, if I can help…

 


Mike’s No Hassle Mortgage Payment Calculator

Calcmoolator mortgage payment calculator

This mortgage calculator, from the good folks at CalcMoolator can be a big help to you in planning your finances, and knowing what it will take to buy that Cary home.
As a Buyers Agent, I see many real estate buyers who haven’t yet talked to a lender, and have no idea how affordable their home payment may be. Please note, your Wake County Property Tax and Homeowners’ Insurance premium included in the total estimated mortgage payment will vary depending on your property value and which Wake County town you are in.
Also, I expect to offer several more specialized real estate calculators on this page, so check back to see what’s new.