The Landry Team

Want to know what your Collierville home is worth? What's going on in your Collierville neighborhood? Go to www.freememphismarketreport.com to find out now. Discover just how many foreclosures have been listed in your Collierville neighborhood in the past 6 months.

My Collierville Neighborhood Report

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Want to know what your Memphis area home is worth? What's going on in your neighborhood? Go to www.freememphismarketreport.com to find out now. Discover just how many foreclosures have been listed in your neighborhood in the past 6 months.

www.freememphismarketreport.com

Keller Williams Realty - Now #3 in North America!

Just announced last month: Keller Williams Realty is now the THIRD largest real estate company in North America passing Re/Max.

Thanks to incredible leadership, an amazing culture, state of the art training programs AND profit-sharing, it's not suprising that Keller Williams Realty is not only surviving in this market, we are THRIVING.

I am VERY proud - and thankful - to be associated with a company like Keller Williams.

There is something to be said about the company you keep! If you or anyone you know is interested in learning more about the real estate industry or Keller Williams, please don't hesitate to call me at (901) 238.4361. It would be my pleasure to speak to you about our agent programs, profit-sharing and training programs.

To follow are just a few of the articles announcing Keller Williams promotion to #3 in North America:

Austin Business Journal: http://www.bizjournals.com/austin/stories/2009/03/02/daily9.html

MarketWatch: http://www.marketwatch.com/news/story/keller-williams-realty-climbs-third-largest/story.aspx?guid={2E5A6EA1-C83D-4777-AE3A-CFE07A817117}&dist=msr_1

RISMedia: http://rismedia.com/2009-03-03/keller-williams-realty-climbs-to-third-largest-real-estate-franchise/

Realty News Now: http://www.realtynewsnow.com/keller-williams-realty-climbs-to-third-largest-real-estate-franchise-in-united-states

Streetinsider.com: http://www.streetinsider.com/Press+Releases/Keller+Williams+Realty+Climbs+to+Third-Largest+Real+Estate+Franchise+in+United+States/4448618.html

Yahoo Finance News: http://finance.yahoo.com/news/Keller-Williams-Realty-Climbs-bw-14513634.html

Reuters: http://www.reuters.com/article/pressRelease/idUS188216+02-Mar-2009+BW20090302

Hot Property, one of the largest real estate sites in the UK, http://news.hotproperty.co.uk/Keller_Williams_Realty_Prospers_in_the_USA_2009030409145044.html

The Landry Team Keller Williams Realty 2/26/2009

Here's a real example of someone who needs to sell. Unfortunately this person needed to sell over 3 years ago, too. That's when she used a bridge loan on her existing home to help finance the purchase of her new and more expensive home.

As you'll see from the MLS and FSBO history below (working from the bottom up), this seller first put her home on the market in November of 2005 at a price of $429,900. Now it's still on the market - at a price of $329,900. With each price reduction her listing became more competitive, but her home remained over-priced. Meanwhile the value of her home decreased as the market softened.

< then this home was listed for 6 months on the fsbo market>

The scenario above is a fairly common one in today's market. Quite often there's a big disconnect between what a seller wants and expects from his listing and what the market will bear. Accepting the market price can be a tough pill to swallow in some cases. But for someone with two mortgages in a downward trending market, time is money, too.

We heard on the radio today, that Memphis ranked 13th in the nation on the foreclosure list. This is a great opportunity for investors, or people who are looking for great deals! My own parents were able to find a foreclosure that needed just a little bit of work and now they live in it! They were able to purchase it for around $50,000 below it's regular market value.