You will never have to pay to be listed as a top neighbor. Period. That important detail clarified, let's discuss how we arrive at two "top neighbors" for a given region:
Localism is a bustling collection of hyper-local communities, and the top neighbors should reflect those members who are most active. When ranking users in a given region, several factors are considered. To get your foot in the proverbial door, you need to have posted at least one "Localism" article or photo for the region.
The very best way to quickly rise to #1 is to post high-quality local content. Keeping a steady strem of incoming posts and photos will massively tilt the scales in your favor.
What doesn't count toward the top neighbor ranking? ActiveRain points and community sponsorships. The top neighbor spots will always go to the most active members in a region. We want to create a level playing field that encourages the growth of communities — talent and dedication are required to win the day.
-17 homes were still showing as active at end of 2011
-These 17 homes totaled 3,399 Cumulative Days on the Market or an average of 200 days each.
-13 homes listing contract expired
-27 homes that were on the market had their listing contract cancelled
-One home was pending as of the end of the year with cumulative days on market of 464.
-20 homes sold out of the 79 homes that were put on the market during 2011.
-The 20 homes that sold averaged 202 cumulative days on the market.
-The 20 homes that sold saw the lowest sale price of $260,000, and the highest home sold for $610,000.
-The average sale price of the 20 homes = $477,975
* Data for this post was researched from the Minneapolis Area Association of Realtors
Follow the Durham Executive Group's blog for ongoing Wedgewood - Woodbury MN housing statistics. Whether you are a home seller or a home buyer stay informed and current about what is happening in Wedgewood -Woodbury MN.
As real estate agents we like our clients and for those considering putting their home on the market to stay informed on housing trends for Woodbury MN. Subsequently, my research this morning shows me while some home depreciation in Woodbury has continued there are some positives. My research clearly indicates that the number of Woodbury MN Closed Sales Dec. 2011 has significantly increased over the past twelve month period. Of special interest is that there has been a 9.5% increase in sold homes during this period in Woodbury. This information has been researched from the Minneapolis Area Association of Realtors.
This information combined with the continued decline in the number of Woodbury MN homes for sale on the market is why the Durham Executive Group is seeing more and more of a 'balanced housing market' in Woodbury. With a 6 months' supply of homes for Woodbury we are not far off from what is traditionally considered a balanced housing market.
Keep in mind that homes sell all year and not just in the spring. Sometimes home sellers mistakenly believe you cannot sell a home in the winter months, but that isn't the case. In fact, there generally is a lot less competition as many people pull their homes off the market until spring.
As a real estate agent we like our clients and for those considering putting their home on the market to stay informed on housing trends for Woodbury MN. Subsequently, my research this morning shows me while some home depreciation in Woodbury has continued there are some positives. My research clearly indicates that the number of Woodbury MN Pending Sales (Dec. 2011) has increased over the past year. Of special interest is that there has been a +5.8% increase in the number of pending homes over the past twelve month period in Woodbury. This information has been researched from the Minneapolis Area Association of Realtors.
With the continued decline in the total number of Woodbury MN homes on the market we are starting to see more and more of a 'balanced housing market' in Woodbury. With a 6 months' supply of homes for Woodbury we are not far off from what is traditionally considered a balanced housing market.
Keep in mind that homes sell all year and not just in the spring. Sometimes home sellers mistakenly believe you cannot sell a home in the winter months, but that isn't the case. In fact, there generally is a considerable less amount competition as many people pull their homes off the market until spring.
As a real estate agent I like to stay up on housing trends for Woodbury MN. Subsequently, my research this morning (see below graph) shows me that while home depreciation in Woodbury has continued there are some positives. My research clearly indicates that the number of Woodbury MN homes for sale Dec. 2011 has declined steadily for the past two years. What you see below is that there has been a 9.7% decline on the number of homes for sale over the past twelve month period.
The positive in this statistic is the old supply and demand equation. With the continued decline in the number of Woodbury MN homes on the market we are starting to see a more balanced housing market in Woodbury. Currently there is a 6 months' supply of homes for Woodbury meaning we are getting closer to what we call a balanced Woodbury housing market.
Keep in mind that we sell homes all year and not just in the spring. Sometimes home sellers mistakenly believe you cannot sell a home in the winter months, but that isn't the case. In fact, there is a lot less competition as many people pull their homes off the market until spring.
* The graph information is from the Minneapolis Area Association of Realtors
When looking to sell your Woodbury, MN home there are a lot of uncertainties for a home seller, particularly in today's housing market. The first and most important thing a home seller should do is find and identify a top selling Woodbury MN real estate agent to represent him/her throughout the entire transaction. A home seller should never hire an agent simply because they know them, feel obligated, or are a referral from a friend or family member. After all your home represents a huge part of your financial portfolio and you want the best and strongest representation you can get, otherwise you stand a chance to lose countless thousands of dollars especially during a shifting market.
A good successful real estate agent will be extremely knowledgeable and subsequently can simplify the home selling process in a difficult housing market for sellers. He/she will provide you with a wealth of information and a list of high quality vendors such as handy men for painting and repairs, professional stagers to get your home to look its best and ready for the market. A knowledgeable and experienced real estate agent from Woodbury MN will be able to correctly identify the proper list price based off neighborhood comparables that have sold. There is an art to identifying objective and subjective criteria in coming to a proper list price. The benefits of a ‘good Woodbury MN real estate agent' are immeasurable but without question will make the home selling process easier, less stressful, and assist you in obtaining the best sales price and terms you can get.
Qualities you should look for in a real estate agent are:
•· Are they experienced and knowledgeable?
•· Do you sense that you will be able to develop a mutual working relationship with them?
•· Do they listen to your concerns and wants?
•· Are they knowledgeable of the geographical area you are searching for a home?
•· Are they strong communicators?
•· Do they provide you a down-to-earth feeling without the slick sales pitch providing you a comfort level that there is a high level of honesty and integrity where they will put your best interests ahead of theirs?
•· Do they have a strong marketing plan for the presentation of your home for the home buyer's out there to look at?
As you start your search for a real estate agent to assist you in the selling of your Woodbury MN home the Durham Executive Group, John and Becky Durham want you to be aware of the many positive benefits we provide all to our home selling clients.
•· You pay no commission fees to us for our services unless your home sells.
•· We visit your home and identify anything that should be done to help make your home more marketable. We also have a wide range of quality service providers who can perform any of the work that might need to be done.
•· We are professional accredited stagers and can assist you in the staging of your home as a free service to our clients. Proper staging will help you sell your home quicker and for more money.
•· We provide a free market analysis to our clients where we calculate all extenuating factors such as objective information along with all subjective factors in determining the proper list price.
•· We are award winning real estate agents for our online marketing for client homes we are selling from Realtor.com which is owned by the National Association of Realtors.
•· We provide EXECUTIVE-LEVEL real estate services in all aspects of your real estate transaction - whether communication, responsiveness, marketing, or when negotiating price and terms.
•· We are professional photographers using a top of the line camera and flash system, with a wide angle lens. We take hundreds of high quality photos (up to 10 mega pixels) of your property to ensure only the best presentation.
•· We will put up to 50 colored high quality photos of your property on key consumer driven websites to generate web traffic and interest on your home.
•· We will place your property on hundreds of websites for all consumers to see regardless of what browser and websites they may be using for a home.
•· We take the time to write detailed and descriptive captions for photos of your home so that buyers know what they are looking at when they are looking at photos of your home.
•· We create an articulate and flowing 2,500 word description of your home and place it on websites and in colored brochures to help present your home.
•· We place a RE/MAX sign in your front yard with the branding and recognition of a top brokerage company worldwide.
•· Rolling descriptions and headlines are placed on key consumer websites to help draw buyer attention.
•· A visual tour/slide show is created and attached to various key websites for consumers to view.
•· We take the time to create and upload supplements to consumer websites detailing all improvements and updates with approximate costs to educate consumers about the added value.
•· High quality colored feature sheets are created to place at your home for a buyer take-away.
•· We provide a higher level of security and peace of mind by providing an electronic tracking system of everyone who has entered your home with a date/time stamp.
•· We provide you weekly reports every week of market conditions in your neighborhood, and how many people are looking at your property.
•· We send out notification of your property going on the market in full color and a 2,500 word description to all real estate agents in Woodbury, MN. We want to ensure that everyone knows about your property.
•· The hosting of realtor tours for your property.
•· We provide Open Houses to make sure anyone who wants to see your home can get in.
•· We are accredited Relocation real estate agents who work with all relocation companies exposing your property to those buyers relocating to the area.
•· We provide monthly summary report presenting total number of cumulative showings and feedback reports.
•· These and many other EXECUTIVE-LEVEL services are available that can be discussed upon meeting.
John and Becky are top selling Woodbury MN real estate agents with backgrounds and work experiences that set us apart from our competition. We are both educated with post graduate degrees and have worked in upper bracket professional management positions in both business and educational settings. We know how to work with all social and economic clientele - whether it's a client wanting to sell a starter home, or a home seller of a multi-million dollar property. We put the emphasis on ‘EXECUTIVE LEVEL' service regardless of the size of the transaction.
Our mission statement embodies putting the client first. We recognize the importance of listening to and fully understanding our clients' needs and concerns. Each of us brings a unique set of marketable skills with none more important than integrity and honesty. We give our word that there will never be a transaction we are involved with that is not handled with professionalism, honesty, and integrity. Additionally, we pride ourselves on our communication skills and the ability to market and negotiate our client's properties with superior results. In fact, our efforts were recently recognized with an award for our client marketing. This is a prestigious award only a few agents in the Twin Cities receive from Realtor.com, which is owned and operated by the National Association of Realtors.
We hope that you have read enough information about us that you would like to contact us to schedule a meeting to discuss your real estate needs.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
