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Chris Grus GRI, e-PRO

Your FIRST reality SHOW!

first time home buyer on tvLast week a production assistant with the show "My First Place" called to let us know that the show is recording episodes this summer and fall in ST LOUIS! She found us online and wanted us to pick out some of our buyer's to apply for the show. For some, buying their first home is an exciting but very personal event. For many, a little attention doesn't hurt. What they are looking for is an energetic person or couple buying their first place to work with the show to produce a mini-documentary about the buying process. Its a really cool show, although it really tends to oversimplify the process. Not that its bad. Condensing the home buying process to 30 minutes-less commercial break time-just isn't realistic. Some first time buyer's look for months, then take another few months to get throught he rest of the process. Making it into a TV show requires a lot of editing. Either way, if you're considering buying your first home in St Louis Missouri and would like to be on the HGTV show "My First Place", contact us online and we'll get you all the details. The process of finding a home for the first time can be a variety of different experiences combined into one. Having a good Realtor in St Louis to guide you through the process is what the show wants to capture. The interesting thing I've noticed since I've been in the real estate business is that people love to tell the stories about their home buying process. The thought of having a TV show made about your home buying process seems like the PERFECT closing gift to have after the fact to show friends and family and make the process easier and more fun! republished from http://STLBUYERGUIDE.com St Louis real estate is our specialty! If you’re looking for real estate anywhere in the St Louis, MO area, including St Louis City, St Louis County, St Charles, Ballwin, Chesterfield, Kirkwood, Webster Groves, or one of the other areas we serve, simply click the “Search St Louis Real Estate” link at the top or bottom of this page to begin your home search

Advice for Buyers

home buyer advice Buying a home for just about everyone is a unique experience. Something that is done for most folks so rarely calls for some guidance and direction. Where do we get our direction? People seek different levels and types of direction when it comes to buying a home and as a real estate practitioner, its an interesting look at human behavior. The Internet Crusader If you're reading this blog post, theres a chance that you have a bit of the internet crusader in you. In years of working in real estate, the internet continues to grow in its significance as a tool for the real estate consumer and within the industry. The interesting thing is that while there is a great deal of information online that is useful, there is also a great deal of misinformation and a great deal of information that is reliable in another state and city besides St. Louis Missouri. Laws and customs vary, so use the internet as a resource, but not as a guide. The Jury Foreman Many buyers like to talk with their friends and colleagues about what they are trying to do. You're a jury foreman if you like to present scenarios to various individuals to see what they would do, then tally the results and make your decisions democratically. If that's a basis for your decision making, it could help, but it could be trouble. Problems that sometimes occur to jury foreman is when the 'members of the jury' don't know or care about the subject matter. Jury members can also get only a portion of the scenario, and miss a crucial element to the decision. The Loyal Child--The Loyal Friend To a large extent, its normal to be a loyal child or loyal friend. Most people have trusted advisors in their life that they include in big decisions. In any case, its interesting to observe the extent to which the "Trusted Parent" or "Trusted Advisor" feels comfortable in participating in this role. Some "trusted advisors" really have difficulty with the individual consulting with a professional such as a Realtor and others are the exact opposite, saying "I don't know, what's your Realtor think?" In any case, its good to have a Realtor that has enough humility and understanding to encourage participation in discussions and gently share experiences and ideas without turning an exciting process into a power struggle. One concern with the loyal child or loyal friend can occur because the real estate field is dynamic. Someone with a few experiences spread out over a few decades and possibly several different locations can be giving advice based on an entirely different market conditions or out of date factors. The Groupie In this day and age, "brand loyalty" can really be a refreshing break from the norm. The Groupie takes it to the next level. The groupie is someone with complete faith in a specific home builder or Realtor, who seems more concerned about pleasing their chosen professional rather than making the right decision. Some might think that this is the ideal situation for a Realtor. That's probably not so, for just as the groupie would give lots of credit to their mentor, they are equally as quick in placing blame if things don't go as well. As a Realtors, lots of people want our opinion about neighborhoods, school districts, and all sorts of other matters. We're usually happy to share them too! As with all the other types of buyer's, its important for the buyer to keep THEMSELVES and THEIR PRIORITIES front and center throughout the process. The bottom line: when buying a home, the amount of advice and ideas on "how things are done" can be OVERWHELMING and not always reliable. Working through the process and sorting out different ideas is the most crucial element in making a sound decision. Having good professionals means the help that process, not hinder. Republished from StLBuyerGuide.com

St Louis real estate is our specialty! If you’re looking for real estate anywhere in the St Louis, MO area, including St Louis City, St Louis County, St Charles, Ballwin, Chesterfield, Kirkwood, Webster Groves, or one of the other areas we serve, simply click the “Search St Louis Real Estate” link at the top or bottom of this page to begin your home search

Tower Grove East 2 bed 1.5 Bath OPEN TODAY!

Stop by during the South Grand House Tour! This charming historic home has been restored with an elegant contemporary finish.

Priced to Sell at $119,900

View more pictures online at 4SaleStLouis.com

Buyer "Demand Lists"

St Louis metroWorking as a buyer's agent in St Louis is a great experience. As a life long St Louisan, serving as a person or family's "greeting committee" and ambassador to St Louis is very fulfilling. Growing up, I always had a negative view of St Louis. It wasn't until I started growing up and realizing that there are people in just about every city that had the same negative view about their town as I had about mine. Many people I've met over the years are excited about living here, and I should be too.

Working with buyers, they give "wish lists" and "demand lists" about features they want in their new home. One common stipulation I get from out of town buyers is that they want to be in close proximity to public transportation.

Having worked in some type of sales job for all of my adult life, I've always depended upon driving. Public transportation wasn't a priority of mine until recently. Seeing the number of home buyer's moving to the St Louis area that depend upon public transportation and base thier home decisions on proximity to bus or metrolink lines was a big motivator. Last week I had that experience.

I worked with a man who's family was relocating here for his new job. The idea of buying a second car just so it can sit in a garage while he works didn't make sense. Several homes in south county had to be taken off his list because of possible cuts in transit that would result in the failure of our community to pass Proposition A this Tuesday.

In thinking about this experience, I was curious to see what other perspectives people had about this. I visited the a website and heard several different perspectives of current metro riders, from the new residents living in other more 'transit friendly' towns to the disabled, to those that simply ride it by choice. In watching the videos and reading the stories, I considered the impact of so many additional drivers on the highway and how it would affect traffic and the environment.

Individual stories may not justify a 'yes' vote for many people, but the big picture of our metropolitan area is more of a motivating factore for me. The negative folks that I've heard for years criticize our city for not being a Chicago or New York usually have a lot to say. Having a "second-tier" or worse transit system as a result of our own short sightedness and inability to jusify funding would have a negative impact on our city, its businesses, and residents far worse than the money it would cost to fund this service.

Its always nice to hear great things about our city from new prospective home buyers, Please consider supporting Proposition A this Tuesday so that "our lack of decent pubic transportation" isn't the prospective buyer's first impression of St Louis, or even worse, a prospective business CEO considering a move to St Louis.

SUPPORT PROPOSITION A THIS TUESDAY!!!

Tower Grove Average Sales

South City Home Values
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The real estate website Zillow has been making overtures to realtors in the past few years about using its information in marketing. I'm skeptical, mainly because of the accuracy of the data. In a suburban area that has been built within the past 20 years, their "Zestimates" may carry more weight, as every house looks very similar and differences are marginal, but in the city, it takes a knowledgable source to perform the comparative sales approach to estimate value. One other thing I've hated as the real estate market has slowed down over the past few years is the use of over-generalizations. The above graph is a great example of everything that bothers me. It does show trends based on average pricing, which can be useful, but often times can be mis-interpreted. For example, the drop in average pricing in 2009 for the Tower Grove neigbhorhood, as in many other areas, wasn't necesarrily due to a drop in value of homes, but rather surge in low value distressed home sales such as foreclosures or other investment homes. On a positive note, many of the St Louis neighborhoods graphed showed the rise in sale prices according to Zillow within the past year. Market value home sales have been returning, leading to this increase in average home values. The housing market is on its way to a full recovery.