How do you find the right Realtor to work with in Charlotte, NC.? I was asked this question the other day by an out of state buyer that is moving to the Charlotte, NC area for his job. his compnay is not offering him a relocation package so he and his family are on their own when it comes to finding a Realtor and looking for and purchasing a house.
A very good question and one that I could not come up with an answer right away for. Of course my first response was you already have; you found me. But in reality how does one know if a Realtor is right fit for them and vice versa. I have had my share of conversations with potential buyers and sellers where, I walked away either in person or over the phone, knowing that this was not a good fit for me or them. Sometimes they wanted to go with me and I have had to politely refuse and other times they realized the same thing and we parted as friends. But when you are doing this through e-mail and phone; how do you know you have the right Realtor?
I knew the buyer was nervous by the tone of his voice; he had heard horror stories about people relocating to areas and not knowing anything and ended up with a bad deal...Yes, it happens. But it is not the norm. No matter what profession you are in for everyone good story you have I can find a bad one. It is all about perception, luck and the events at that time.
I told him that I have dealt with a lot of out of state or area buyers and sellers in the past and currently right now. In fact; a couple of my lsitings I have never met the seller. I have done everything through the phone, e-mail and fed-ex. These people have trusted me with the largest sale in their lives; selling their home. I have gotten them sold and closed and if they walked down the street in front of me I would never know who they are.
I have had numerous buyers I worked with that were from out of state. I have provided them with information, listings, and various websites to help them in their buying descsion. then I have met them to view homes. And each time the transaction has gone rather smooth.
But why do I have so much success with people I never met? Is it my award winning charming personality? Is it my aggressiveness? Is it my dedication to my career? Is it my knowledge? Is it beign in the right place at the right time? Is it my blog where I provide answers to questions peopel want to know? Is it my follow up? Probably some combination of all the above....
I told him that when you found the right Realtor to work with you....you will know. Trust your instincts and your gut feeling and you probably will be right. By asking a lot of questions and probing you get a feeling for the person you are dealing with. That person and you will know if you are right for one another. after a lenghty conversation ( 43 minutes according to my cell phone) he agreed to have me represent him.
So, I asked him what made hm decide to choose me over another Realtor. He was quite frank. You never pushed me to work with you and you asked me questions about my needs and wants. I felt you interviewed me as much as I interviewed you...I felt comfortable with our converastion and knew you were the right fit for me.
Funny, i felt the same way......I think it was becasue I learned early on from my parents that to be successful in life you have to live by one simple rule. "treat others as you would want to be treated".
Dave diCecco
Realtor/Broker
www.davedicecco.com
Tuesday, July 26, 2011
Saturday, July 23, 2011
Market Report: University Area Charlotte, NC. July 2011
The University area of Charlotte is the area around the University of North Carolina Charlotte. Located in the northeastern end of Charlotte. A popular destination for young professionals and families. The area encompasses from Interstate 85 south to rocky river road and west to W.T. Harris Blvd and east to Cabarrus county line. All the homes in that area are within a five to ten minute ride of the University.
Below is a snapshot of how the market has fared over the past three years from July 1st through June 30th of that year:
3 years ago there were 298 homes that sold for an average of $199,189. They were on the market for an average of 50 days.
2 years ago there were 340 homes that sold for an average sale price of $157,711. They were on the market for an average of 90 days.
Last year there were 310 homes that sold for an average of $153,978. They were on the market for an average of 109 days.
Currently there are 233 homes available on the market right now and another 85 homes that are under contract pending to close.
In a stable housing market a six month supply of homes keeps the market balanced. more than that and you are in a buyer's market and less than that you are in a sellers market. based on the last 3 years the market is favoring the buyer but the number is decreasing.
Dave diCecco
Realtor/Broker
www.davedicecco.com
Below is a snapshot of how the market has fared over the past three years from July 1st through June 30th of that year:
3 years ago there were 298 homes that sold for an average of $199,189. They were on the market for an average of 50 days.
2 years ago there were 340 homes that sold for an average sale price of $157,711. They were on the market for an average of 90 days.
Last year there were 310 homes that sold for an average of $153,978. They were on the market for an average of 109 days.
Currently there are 233 homes available on the market right now and another 85 homes that are under contract pending to close.
In a stable housing market a six month supply of homes keeps the market balanced. more than that and you are in a buyer's market and less than that you are in a sellers market. based on the last 3 years the market is favoring the buyer but the number is decreasing.
Dave diCecco
Realtor/Broker
www.davedicecco.com
Friday, July 22, 2011
NoDa/The Arts District---Market Report July 2011
Conveniently or also known as the Arts District is a suburb of uptown Charlotte. Conveniently located 2 miles from uptown it is home to art galleries and various southern cuisine restaurants. People love living here for the old world charm it still has. An old textile mill area of is a thriving area of Charlotte. below is the market trends over the past three years for the area from July 1st to June 30th.
Three years ago there was 43 homes that sold for an average sale price of $246,806. They were on the market for an average of 67 days.
Two years ago there were 35 homes that sold for an average sale price of $236,040. They were on the market for an average of 126 days.
last year there was 24 homes that sold for an average of $195,027. they were on the market for an average of 114 days.
Currently there are 31 homes actively on the market right now with an average asking price of $244,810. they have been on the market for an average of 150 days. there are also 8 homes under contract pending to close. they have an average asking price of $220,000. they were on the market for an average of 105 days.
Based on the current inventory of homes with what has sold the Arts District (or more commonly referred to as NoDa) has approximately one year of inventory of homes. A balanced market is six months of inventory so the current inventory favors buyers....
Dave diCecco
Realtor/Broker
www.davedicecco.com
Three years ago there was 43 homes that sold for an average sale price of $246,806. They were on the market for an average of 67 days.
Two years ago there were 35 homes that sold for an average sale price of $236,040. They were on the market for an average of 126 days.
last year there was 24 homes that sold for an average of $195,027. they were on the market for an average of 114 days.
Currently there are 31 homes actively on the market right now with an average asking price of $244,810. they have been on the market for an average of 150 days. there are also 8 homes under contract pending to close. they have an average asking price of $220,000. they were on the market for an average of 105 days.
Based on the current inventory of homes with what has sold the Arts District (or more commonly referred to as NoDa) has approximately one year of inventory of homes. A balanced market is six months of inventory so the current inventory favors buyers....
Dave diCecco
Realtor/Broker
www.davedicecco.com
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