If you are curious as to what the market is doing on a monthly basis, please continue to check back as we update all the residential sales numbers on a monthly basis. The good news is that the average sales price is increasing and the days on market are decreasing. We started the year out with a 14 month inventory and now we have a 7.4 month inventory. This is great. This also tells us that it could turn into a sellers market very quickly. If you are a buyer and you are looking to buy you probably already realized that things are going a lot faster than they were a few months ago. If you are serious about buying now is not the time to wait it out, make an offer and see what happens, because if you don't someone else will. www.mymarketreports.com
Innovative Realty Group
(254) 638-0898
Innovative Realty Group, Damon Crelia & Malisa Spivey at The Executive Real Estate Center were Awarded The Prestigious 'Real Estate Online Marketing Award Of Excellence' By Realtor.com
Waco, TX, September 4, 2009, Nationally renowned real estate marketing and technology speaker and REALTOR.com® Vice President, Max Pigman, has presented to Damon Crelia & Malisa Spivey of the Innovative Realty Group the prestigious "Real Estate Online Marketing Award of Excellence." The Award of Excellence recognizes a very select group of top real estate agents who consistently provide outstanding marketing services on behalf of their buyers and sellers.
Maximizing marketing exposure for a seller is critical in today's market: the combination of the Damon Crelia & Malisa Spivey's outstanding customer service, and the Highly-Touted Seller Marketing System, and premium REALTOR.com® marketing services such as Showcase Listing, are just a few of the many ways the Innovative Realty Group is leveraging recent trends in home buyer online behavior to his clients' benefit.
"There are but a select number of real real estate agents who distinguish themselves from other agents by doing more for their sellers and buyers - and Damon Crelia & Malisa Spivey are two of them. In particular, when the Innovative Realty Group lists a home, they market it on well trafficked sites such as the #1 ranked real estate site REALTOR.com®, plus other high-trafficked Internet sites
including Trulia.com, Zillow.com, Yahoo! Real Estate, MSN.com and many others. Even simple efforts like having more photos displayed, crafting better property and area descriptions, or adding a full motion video, can make a home stand out from competing properties," says Max Pigman, Vice President of REALTOR.com® - and Damon & Malisa go the extra mile in marketing their properties.
The marketing excellence award was presented to Damon Crelia & Malisa Spivey at a recent real estate marketing and technology seminar that demonstrated cutting edge techniques for leveraging the Internet and technology in real estate marketing.
Malisa says, "Our clients appreciate how we bring more attention to the unique selling attributes of their home and ultimately help attract more qualified buyers. Buyers are also appreciative of a well presented home that has a better description, and more photos, which allows them more ways to learn about the property before arranging an appointment. We feel it is important to be the source of information. While it's certainly an honor to receive this award, we believe it is a disservice not to make an aggressive Internet marketing part of the standard home marketing plan."
"The extra steps agents like Damon Crelia & Malisa Spivey are taking on behalf of their clients is the reason we thought it worthwhile to call out the effort we have seen these agents make online and to recognize them for providing these added value services," says Mr. Pigman.
To find out more about the Innovative Realty Groups award-winning marketing system, contact Damon or Malisa at (254) 638-0898 or via email at team@MoveWithIRG.com, or visit their website @ www.MoveWithIRG.com
How often do you hear a Realtor telling you what you should expect of them? Not often right, usually its how great they are and how fast they can sell your home. Although, experience and referrals are GREAT, we feel it is equally important to educate you, the consumer about your rights, and our responsibilities to you.
The Innovative Realty Group is an outside of the box Real Estate Group that believes there are many qualities and skills that go into being an excellent real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills, a high-quality professional network, and we've also found that providing the very best service is essentially about putting our clients first.
SO WHAT IS THERE TO BEWARE OF?
Before we get started on this soap box, let me preface with "Not all Realtors are created equal". The Preamble of our Code of Ethics and Standards of Practice for the National Association of Realtors states....The term REALTOR has come to connote competency, fairness, and high integrity resulting from adherence to a lofty ideal of moral conduct in business relations. With that in mind, please read the following...(we would love to hear your opinion)
A couple of weeks ago we had a transaction where we represented the Seller, and Realtor B represented the Buyer, well the day of closing Realtor B realized that they were not going to be paid on the Gross Commission, but rather the Net Commission.
You say whats the difference, let us explain. Say you have a house for sale for $100,000 and a buyer comes along and says I will give you $100,000 but I want you to pay $5,000 of my closing costs, your Net Commission would be the $100,000 sales price - the $5,000 closing costs = $95,000 vs $100,000 Gross Commission, because the $5,000 (money that the buyer has asked you to contribute towards their closing costs) is money you will never see. This would be a difference in commission of $300 ($6,000 - $5,700, based on a 6% commission rate). I know it is a small amount but do you really want to GIVE AWAY money? No we didn't think so, that is why we NEVER charge our Sellers or any other Seller for that matter commission on the Gross Sales Price if they are contributing towards the buyers closing costs. IT JUST ISN'T FAIR, NOR DOES IT PROMOTE HIGH INTEGRITY.
Anyway, Realtor B said that their was going to be a problem with closing then, which brings me to my next question/statement.....Do you think that Realtor B went to their buyer and said, "hey we can't close today because the Sellers do not want to pay me commission on the Gross Sales Price of this home because they feel that since they are contributing towards your closing costs it isn't fair that they pay commission on that extra $5,000 that they aren't getting any part of, and I know that you really want this house and I am sure that you already have the utilities turned on but MY Commission is more important than your getting in this home." Here is where our other saying comes in "More deals are lost because of the Realtors, Buyers want to buy and Sellers want to sell."
We think it is time that our profession is held to a much higher standard and that is why we are blogging about this subject and that is why we at The Innovative Realty Group feel it is our duty to educate our clients about our duties and responsibilities to them. We have nothing to fear because, we intend to promote the Real Estate Profession with the highest of integrity.
So remember whether you are an Agent or a Seller, Net Commission (Sales Price - Whatever closing costs the sellers are contributing) should be what our commission is based on.
If you are in the market to sell or buy a home, please do not hesitate to call us at (254) 638-0898 or email us at team@MoveWithIRG.com, we would be happy to send you our no cost/no obligation Exclusive Marketing Program or First Time Home Buyers Packet.
The latest market stats are in and ready to be viewed. Here you will find valuable information regarding the overall Waco, Robinson, Hewitt, China Spring, Lorena and Woodway market conditions from 2006 - July 2009. We will be updating this information on a monthly basis so please check back regularly.
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Malisa Spivey & Damon Crelia
(254) 638-0898
Here is the weekly foreclosure listings. There are a lot of good deals out there still to be had. If you are interested in any of the below or need more information or if you are looking for a house to buy and none on the list match your criteria, please do no hesitate to contact, our Buyers Agent, it costs you nothing and she is ready and willing to help you find the home of your dreams. (254) 638-0898. As always if you have any questions, pleae do not hesiate to contact us, if you want to see something different or would like to see the list in a different order, your thoughts and comments are much appreciated. Thank you the Innovative Realty Group.
| MLS # | Address | City | Zip | DOM | Price | Original Price | BED | Baths | Lot Size | Sq. Ft. |
| 132162 | 10129 ARAGON DR | Waco | 76708 | 73 | $119,900 | $139,900 | 4 | 2 | .2021 | 1724 |
| 131068 | 3621 KENWOOD DR | Waco | 76706 | 149 | $79,200 | $94,900 | 3 | 2 | 75x122 | 0 |
| 131706 | 2215 RIDGEWOOD DR | Waco | 76710 | 107 | $410,000 | $450,000 | 3 | 2 | Large City Lot | 4285 |
| 133150 | 4017 Hiland Dr | Waco | 76711 | 7 | $55,000 | $55,000 | 3 | 1 | 60x170 | 1248 |
| 133151 | 1020 JANUARY | Waco | 76705 | 11 | $59,900 | $59,900 | 3 | 2 | .2055 | 1488 |
| 131767 | 313 11TH | Waco | 76701 | 99 | $40,700 | $40,700 | 3 | 2 | .1894 | 1658 |
| 133047 | 110 KAY DR | ROBINSON | 76706 | 14 | $89,900 | $89,900 | 3 | 2 | 87X130 | 1533 |
| 132755 | 3404 CUMBERLAND AVE | Waco | 76707 | 32 | $54,500 | $54,500 | 4 | 2 | City | 1772 |
| 132453 | 719 Wooded Crest | Woodway | 76712 | 56 | $124,900 | $140,000 | 3 | 2 | CITY | 1614 |
| 132800 | 22209 FIELD ST | Whitney | 76692 | 28 | $112,500 | $112,500 | 4 | 2 | .25 | 2369 |
| 131147 | 2317 GARY LN | Waco | 76708 | 153 | $69,900 | $90,000 | 3 | 2 | 130x300 | 2265 |
| 132757 | 2100 MEADOW RD | Waco | 76710 | 32 | $122,000 | $122,000 | 3 | 2 | .25 acre | 2548 |
| 132262 | 1411 N 7 TH | Waco | 76707 | 66 | $33,000 | $47,000 | 3 | 2 | 50 X 110 | 1168 |
| 131320 | 8666 OLD MARLIN RD | Waco | 76705 | 130 | $59,000 | $59,000 | 3 | 2 | 1.609 acres | 1506 |
| 133071 | 357 CR 1607 | Clifton | 76634 | 12 | $44,600 | $44,600 | 3 | 2 | 0.97 ac | 1636 |
| 132901 | 3824 HILLCREST DR | Waco | 76708 | 24 | $44,400 | $44,400 | 2 | 2 | city | 1104 |
| 133172 | 105 N 2ND | VALLEY MILLS | 76689 | 5 | $62,550 | $62,550 | 3 | 2 | 70X180 | 1320 |
| 133171 | 3316 N 25TH | WACO | 76708 | 5 | $38,000 | $38,000 | 3 | 2 | CITY LOT | 1574 |
| 131931 | 1036 DANE DR | HEWITT | 76643 | 87 | $121,522 | $133,737 | 4 | 3 | 80X120 | 2024 |
| 133210 | 409 W San Marcos Avenue | Wortham | 76693 | 3 | $85,000 | $85,000 | 2 | 2 | 0.20 | 2072 |
| 132894 | 412 GREENFIELD DR | Waco | 76705 | 24 | $50,000 | $50,000 | 4 | 2 | 0.20 | 1873 |
| 133100 | 1000 RETOMA PARK DR | Robinson | 76706 | 10 | $140,000 | $140,000 | 4 | 2 | 0.68 | 1821 |
| 133209 | 409 W A STREET | Worthan | 76693 | 3 | $85,000 | $85,000 | 2 | 2 | 0.20 | 2072 |
| 133207 | 201 Knight Lane | Lacy Lakeview | 76705 | 3 | $83,000 | $83,000 | 3 | 2 | 0.22 | 1317 |
| 131336 | 4021 N 27TH | waco | 76708 | 129 | $71,200 | $89,000 | 4 | 2 | 90x209 | 1906 |
| 132519 | 3721 WINGATE DR | Waco | 48 | $72,000 | $80,000 | 3 | 2 | 0.18 | 1711 | |
| 131337 | 4006 COVE DR | waco | 76705 | 129 | $69,600 | $87,000 | 3 | 2 | 0.3960 | 1512 |
| 132644 | 1300 LUANNE | Waco | 76705 | 41 | $108,000 | $120,000 | 3 | 2 | 0.2569 | 2114 |
| 132416 | 774 HACIENDA WESLEY RD | Waco | 76706 | 87 | $144,000 | $180,000 | 4 | 3 | 2.533 | 3630 |
| 132642 | 621 BRUSHY CREEK DR | Hewitt | 76643 | 41 | $126,000 | $140,000 | 4 | 2 | 0.00 | 1799 |
| 133107 | 423 King John Ln | ROSS | 76684 | 11 | $81,900 | $81,900 | 4 | 3 | 1.0 | 2148 |
| 130844 | 2117 HOMAN AVE | Waco | 76707 | 166 | $42,500 | $45,700 | 3 | 2 | 50' x 165'+/- | 1336 |
| 133056 | 2100 HOMAN AVE | waco | 76707 | 13 | $55,000 | $55,000 | 3 | 2 | 50 x 165 | 1592 |
| 133152 | 3016 FADAL AVE | waco | 76708 | 6 | $49,000 | $49,000 | 3 | 1 | city | 1135 |
| 132365 | 708 E COMMERCE | Mexia | 76667 | 61 | $34,900 | $34,900 | 3 | 2 | 69x115 | 2382 |
| 132532 | 390 MITCHELL | Lorena | 76655 | 47 | $155,000 | $169,900 | 3 | 2 | 2.7 | 2339 |
| 129764 | 2015 WINDSOR AVE | Waco | 76708 | 262 | $24,000 | $35,000 | 3 | 1 | 50 x 165 | 1223 |
| *Please Note: This information is taken from the Waco Association of Realtors MLS and is deemed accurate but not reliable. | ||||||||||
| This information may not be all inclusive. |
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Innovative Realty Group - representing Central Texans with Real Estate Management, Sales and Consultation services.
Our Client-First Philosophy
There are many qualities and skills that go into being an excellent real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how we work.
That said, in our experience as real estate professionals, we've also found that providing the very best service is essentially about putting our clients first. This means keeping ourselves accessible, being a good listener as well as a good communicator, and responding quickly to your needs.
In addition, we've found that the latest technologies are enabling us to do everything we've always done, only much more quickly and efficiently. They've also helped us to extend the range of services we provide to our clients.
So when you decide that you'd like to buy or sell a home, please contact us.
Buying/Selling Waco homes including the areas of Hewitt, Lorena, China Spring, Temple, Belton, McGregor, Crawford and other McLennan County areas. View featured homes, read McLennan County home buying advice and more at www.movewithirg.com
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Leadership Training Graduate
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