Page 3 - Allisons Newsletter, Lakewood Village - Jan 2019 Issue
P. 3

picking an agentz




        by Jane Whitten                                                                                                       should you select an attorney that
                                                                                                                              is fully accredited and experienced.
              he adage “you get what                                                                                          Whether it is probate, family law
              you pay for” has been and                                                                                       or contract law, all which are
        T probably always will be true,                                                                                       available at discounted rates, most
        therefore, that being said … When                                                                                     of us realize that there is great
        it  comes  to  selling  a  real  estate                                                                               jeopardy in not having the proper
        property, what is the difference                                                                                      representation.
        between discounted and full-service                                                                                      Selling your home is not a DIY
        brokerages  and  agents?  What  are                                                                                   project, it’s not just about sticking
        the main things that should be                                                                                        a sign in the ground, printing up
        considered?                                                                                                           a stack of flyers and holding a few
                                                                                                                              open house events. Ask any “for
        •   Do you really save a lot of                                                                                       sale by owner” and you may find
            money in not paying a full                                                                                        that the money/commission  they
            commission?
        •   Do the discounted listings sell in                                                                                might have saved ended up many
                                                                                                                              times benefiting the buyer  in the
            the same amount of time?
        •   Will my home be put into the                                                                                      long run in the form of a reduced
                                                                                                                              purchase price.
            Multiple Listing Service, so all                                                                                     There are so many steps involved
            agents can see it?
        •   Do buyer fees increase when                                                                                       to make sure a seller receives the
                                                                                                                              most amount of money … in the
            make up the difference in less  YOU GET WHAT YOU PAY FOR                                                          shortage period of time … with the
            they buy a home that is listed
            by a discount brokerage to
                                                                                                                              least amount of liability.
            commission paid by seller?  •   Will my property receive the   There are many things to  to not check the right box or miss   To find out how ALLISON
        •   What services, if any will not be   same amount of advertising and  consider when selecting a Realtor®  an  important  section.  Just  having  VAN WIG of Van Wig & Associates
            provided if I choose a discounted   exposure?          to represent you when selling your  an experienced and seasoned  is different and what she can offer,
            brokerage?                •   How many “team agents” will  property. The liability involved  broker to explain what everything  give her a call and interview her
        •   How long has the agent been   I work with or will I have only  alone might be a major factor to  means, ensuring that you are fully  before you decide who you will hire
            licensed and selling in your area?  one point of contact?  consider as real estate has become  protected might be more valuable  to sell one of your most valuable
        •   How many homes have they  •   Are they “Niche Central”,  very complicated. For a “normal  than all other considerations  assets … YOUR HOME!
            SOLD  in  the  immediate  area   thereby having the strongest  transaction” and with 11 pages on  combined.          With over 1300+ homes sold,
            and if not many, then where   buyers for your home coming  the purchase contract alone and   Just as it is when you need  please read what others have to say
            will the move-up buyers come   from their listings that are  over 45 state mandated disclosures  legal advice and help, is Legal  about using a Full-Service Brokerage.
            from for your home?          locally advertised properties?  to sign, there are plenty of chances  Zoom the right selection for you or  www.VanWigReviews.com.     n

                      LAKEWOOD VILLAGE MARKET UPDATE




                 2018 YEAR TO DATE SALES BY MONTH                                   YEAR TO DATE NUMBER OF DAYS ON MARKET

              14                                                                      100


              12
                                                                                      80
              10


                                                                                      60
               8
            LISTINGS  6                                                              LISTINGS  40



               4

                                                                                      20
               2


               0                                                                       0
                   JAN  FEB  MAR  APR  MAY  JUN  JUL  AUG  SEPT  OCT  NOV  DEC             JAN   FEB  MAR  APR  MAY  JUN  JUL  AUG  SEPT  OCT  NOV  DEC
                                    SALES, NUMBER OF                                                        DAYS TO SELL, AVERAGE


               PERCENTAGE OF UNITS THAT INCREASED OR DECREASED FROM PREVIOUS YEAR

           YEAR          MONTH          NEW LISTINGS        YEAR OVER YEAR        YEAR         MONTH          NEW LISTINGS        YEAR OVER YEAR
           2018        NOVEMBER                8                 300.00%          2018           MAY                 5                  66.67%
           2018         OCTOBER                3                 50.00%           2018          APRIL                4                 -20.00%
           2018         SEPTEMBER              2                 -50.00%          2018         MARCH                 7                 133.33%
           2018          AUGUST                8                 100.00%          2018        FEBRUARY               1                 -50.00%
           2018            JULY                6                 50.00%           2018        JANUARY                1                 -50.00%
           2018           JUNE                 8                 33.33%           2017        DECEMBER               2                  0.00%


                                                 AREA COMPARISON REPORT



                                    DECEMBER 18, 2017 -  DECEMBER 18, 2016 -
                                     DECEMBER 17, 2018            DECEMBER 17, 2017             YEAR 2018 TOTALS             YEAR 2017 TOTALS

              AREA                  SOLDS  AVERAGE  MEDIAN  SOLDS  AVERAGE  MEDIAN  SOLDS  AVERAGE  MEDIAN  SOLDS  AVERAGE  MEDIAN


              29-LAKEWOOD
              VILLAGE                55     $754,898  $790,000  40        $742,585  $720,000  53       $752,385  $790,000     42    $746,343 $720,000




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