EXIT Pro Realty in Rogers is Northwest Arkansas' newest real estate company and it's not business as usual. Started by husband and wife teams Larry and Jana Robison and Mark and Cindy Cady, EXIT Pro Realty is "doing real estate right" and has its collective eye set on toppling the local big dogs by professionalizing the real estate industry, providing state-of-the-art training and lead generation for agents to convert leads into sales, and offering premium service to each and every one of its clients.
I've recently moved to EXIT Pro Realty and am currently working hard as the Director of Internet Marketing to make EXIT Pro the number one real estate company in Northwest Arkansas both online and off. EPR will provide a number of online tools previously unavailable to Northwest Arkansas residents.
A cohesive and dynamic team...
Mel Reed | Principal Broker
Mel is an industry veteran, broker, and dynamic trainer and coach. He has been brought on board as Principal Broker to head up agent training and coaching as well as be a solid foundation of growth and guidance the office can build on.
Larry and Jana Robison | Executive Broker/Owners
Larry is a full time professional Realtor and Executive Broker and Owner of EXIT Pro Realty. He is also very involved with commercial property sales in Northwest Arkansas. Jana heads up the general marketing efforts of the company and is a knowledgable and professional Realtor in her own right. Larry and Jana are approachable and trustworty. Together they are highly involved owners and a formidable sales team.
Mark and Cindy Cady | Realtors/Owners
Mark is a power seller, highly effective salesperson, a knowledgable Realtor, and leader. Cindy is a personable, detail-oriented, no-nonsense professional that will make sure every I is dotted and T is crossed. Together they also make effective Realtors and owners of EXIT Pro Realty in Rogers.
There's alot going on in the halls of EXIT Pro Realty. Whether you're an agent, home owner, buyer, or investor, EXIT Pro Realty may be the right fit for you. Expect more. I did. Here's a company that's "doing real estate right."
Agents: Looking for a place you fit in? Contact me to find out why EXIT is the right place to be or call our office at (479) 636-7777.
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Announcing the Newest Northwest Arkansas Real Estate Office | EXIT Pro Realty of Rogers
Most people you run into on a daily basis would be happy to lose 5 pounds (or more). You can do it by subscribing to my blog. Impossible you say? Ridiculous? I think not. Allow me to explain.
If you live in Northwest Arkansas, are thinking of moving here, or selling your Northwest Arkansas home and moving to the south of France you need to be up to speed on everything going on with the local real estate market. Why?
Thousands of reasons...
Real estate is the largest and most life altering investment most people make. If you buy and sell homes like they're baseball cards and have a superyacht in the Mediterranean, good for you. For everyone else, purchasing and selling real estate is a big deal. Anytime something is a big deal it usually causes stress. Getting married, having children, passing the bar, interviewing for a new job - all these things induce stress (including buying and selling a home) which causes overeating, insomnia, and in increase in cortisol. I'm told cortisol makes you gain weight in your mid-section. The point is...more stress usually equals more weight.
It stands to reason that less stress allows you to be healthier and weigh less. How can I make your life less stressful?
Subscribing burns calories...
Okay, not really. But what it does do is keep you more informed and knowledgeable. To one degree or another, most people fear the unknown. If you need to sell your home and have no idea what it would bring in the current market wouldn't that create a little bit of anxiety? How about stress? See where I'm going with this? If you know what your home is worth or what the home you're looking at buying is worth, if you know what the market is like, if you know all the pitfalls, traps, and potential hazards of buying and selling, wouldn't that relieve some of the strain and stress of the process?
Being in the dark is bad...
Your next argument against subscribing to my blog is, "I'm not moving, I don't need to know what the market is doing." My response to you is, "Puhhhleeaasse." I'll give you 10 unexpected things that make you move (sounds like a future blog post) right now:
Want me to keep going? I've got 101 more. The point is, you need to know what's going on at a local level. You can only find that out with a local blog. Sure, you can watch the news. They usually find out about things a month after it matters. Read the paper? Same thing. The only way you can really know what's going on in the real estate market is to be inside the brain of a real estate agent that knows that market (that's me). You still need convincing?
Know what others don't...
My brother-in-law reads the paper. He likes to talk about things going on in the community - developments, foreclosures, scandals, etc. Most of what he reads in the paper, he could have known sooner if he subscribed to my blog. As a citizen ‘in the know,' he could walk around snickering at all the woefully ignorant people around him. When some asks, "what are they building at the corner of main and first?" he could reply with a twinkle in his eye, "that's going to be a new Walgreens, I've know about it since before they broke ground." His coworkers would then praise him for his deep knowledge and understanding of the real estate market and then ask how the *bleep* he knew that. He would simply smile and say, "I've got some good contacts." Which he does.
The broader lesson...
If you want to know what's really going down on the real estate front in Northwest Arkansas, subscribe to my blog here either by email or RSS. You will be on your way to learning everything there is to know about NWA real estate as well as general market information for home buyers, and home owner tips.
If you want to learn about Sacramento California, you don't want to read my blog, you're wasting your time. Subscribe instead to Saramento Real Estate Views by my ever capable friend and colleague, Rob Saxe.
Interested in other places? Try these out:
Clarksville Tennessee - Last Train To Clarksville
St. Paul Minnesota - St. Paul Real Estate Blog
Alexandria Virginia - George Washington Slept Here
Dothan Alabama - Dothan Home Search
Get my drift. If you want local information you gotta go to the source.
Share your success...
So you've subscribed to this blog or your local blog in some city, county, or area of the world. You are receiving regular updates about the current state of affairs in your area. You are more informed about real estate. You are less stressed. You lose 5 pounds while making a stress free move. What could be better? Share the good news and tell your friends (maybe just your close ones) about this great place that you get all of your inside information. They'll lose 5 pounds too and send you a present to thank you!
Thanks for reading and I hope you do seriously consider subscribing to this blog either by email or use a feed reader and subscribe by RSS. Your tummy will thank you. Keep a look out for the latest and greatest news and events here on EXITrealestate540.com.
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Bill Evans of Jet Stream Lending always keeps me up to date on the latest mortgage news. Below is an email he sent me this morning outlining some worrying information about the USDA Rural Development Single Family Housing Guaranteed Loan Program (SFHGLP). For any agents or buyers that currently have a Rural Development qualifying property under contract, this information is for you!
Rural Development Newsflash!
The Federal Government is operating under a Continuing Resolution (CR) covering the period from October 1, 2008 through arch 6, 2009. For the Single Family Housing Guaranteed Loan Program (SFHGLP), a guarantee level of $2.6 billion was allocated under the Continuing Resolution. Demand for the DFHGLP is at a historic high, and we anticipate this funding will be exhausted by January 9, 2009, if not sooner.
USDA Rural Development - the government - will continue to accept and process applications, and will issue Conditional Commitments "subject to receipt of Congressionally approriated funds." We expect congress to pass a Continuing Resolution allocating additional funds for Rural Development Loans.
Banks may continue closing loans under the SFHGLP, however, we expect the majority of banks will not fund these loans without the availability of government funds in today's environment.
What does this mean for you and your clients?
If you currently have a real estate transaction utilizing the USDA Rural Development Loan Program and it is set to close after January 9th, it may not fund for up to 3 months.
If your clients are in the process of obtaining a Rural Development loan anywhere other than Jet Stream Lending, check with that loan officer now. Ask if the bank intends t fund your clients' loans despite the lack of government money. If this is the case, Jet Stream Lending is ready and willing to close and fund your real estate transactions.
Jet Stream Lending has the resources to fund Rural Development loans despite the lack of government funds. We are committed to you and your clients with or without the funds and promise business as usual.
Thanks to Bill Evans with Jet Stream Lending for providing some really important information on Rural Development loans. As much of Northwest Arkansas property is designated as being able to get Rural Development loans, this is a great thing to know about and stay on top of.
Contact the Jet Stream Lending Team if you have a home loan need by calling them at (479) 254-9403 or visiting their website at JetStreamLending.com or contact me to find out more about the home buying process.
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Rural Development Newsflash from Jet Stream Lending of Northwest Arkansas
The housing market in Northwest Arkansas is being affected across the board from small single family homes and apartments to sprawling luxury estates. Highly customized luxury homes - from Chuchhill Downs in Springdale to Pinnacle Subdivision in Rogers to Talamore in Bentonville - are sitting on the market, waiting for the right buyer and the right price. Find out why these high-end luxury homes are known throughout the real estate industry as ‘White Elephants.'
What's a White Elephant?
According to Wikipedia, a white elephantis a valuable possession which its owner cannot dispose of and whose cost (and upkeep) exceeds its usefulness. The phase comes from Burma, Thailand, Laos and other southeast Asian countries' Monarchs who kept the sacred animals as a sign of peace and prosperity in their kingdoms. The animals were considered very sacred and local law protected them from being used for labor. This meant that receiving a white elephant as a gift was both a blessing and a curse: a blessing because it meant the receiver was in good standing with the monarch, and a curse because the animal could not be put to practical use (and had to be kept of course, it was a bad thing to sell a gift from a monarch) to offset the cost of maintaining the animal.
White Elephant Luxury Homes in Northwest Arkansas
We have some white elephants here in Northwest Arkansas. They are given this special title for a couple of reasons...
Now, I'm not saying that every home listed for a million or more dollars is a white elephant, I am saying that because of their custom nature - they are hard to find buyers for because buyers for high-end homes will just custom build their own white elephant with amenities to suit their taste and lifestyle.
We currently have 73 properties in Benton and Washington Counties that are listed for $1,000,000 or more. They average 5 bedrooms, 6 baths and over 7,000 square feet. The average list price for these 73 properties is $1,770,986 with an average price per square foot of just under $250.00 per foot. The average days on market for these properties is 202 days and growing.
60 of those are over 5,000 heated square feet.
19 of those are over 8,000 heated square feet.
4 of them are over 10,000 heated square feet.
What you need to take away from this is that there are amazing deals to be had in the luxury home market both in Benton and Washington Counties in Northwest Arkansas, and across the nation.
If you want to know more about great deals on Luxury homes in Northwest Arkansas, contact me or browse current listings to see what's available. Check out more information about Luxury homes and subdivisions in Benton and Washington Counties in the Luxury Homes category of this website.
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The holidays have come and gone, the tree is packed away (actually thrown away this year as we got a real tree - a post in itself), and my seven month old son's toys are somewhat organized in a corner of our living room designated the ‘play area.' During all this chaos, I wrote a few good posts...
If you missed it, check out the Market Report for November ‘08 I did on December 2nd. It will give you some background for this coming week's post about home sales in December. You can always find Market Reports in the Market Conditions category on the right sidebar.
Real Estate Trends to Watch for in 2009 was a lengthy yet highly researched article about the state of real estate in the coming year. Cool stuff if I do say so myself. It also got a nod in the Real Estate Carnival over at Northwest Indiana Mortgages during CORE #122.
In Train Wreck Real Estate: How are Kids Being Affected? I took a look at how the current housing market's abundance of foreclosures and distressed properties is affecting the children of the families involved. I may have written it, but I think it's an important topic to shed some light on.
If you are heading to a closing anytime soon or plan to buy a home this year then Why Going to Closing is Easier than Babysitting is a good article to read.
That's the last month of 2008! 2009 is going to be one busy year. I have recently moved real estate offices, had a baby, and changed the focal point of my business. Look for articles addressing all of the above topics along with social media in real estate, great home owner tips, development news, and more. Remember to subscribe to my RSS feed or subscribe by email to stay up to date on the latest Northwest Arkansas housing information. Also, feel free to browse back through my archives or check out individual categories in the right-hand sidebar. Please contact me if you have any real estate need or question.
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101 North 37th Street Rogers, AR 7256
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