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An Experienced Agent Could Mean $25,000 More for Your Home!


For real estate agents, experience brings a number of advantages. With experience, agents gain deep market knowledge, stronger negotiating skills, a wider professional network and more. According to a recent study in the Journal of Housing Research, these tools could mean the difference of $25,000 for your home!

In the study, homes listed by experienced real estate agents sold for $25,000 dollars more, on average, than those listed by rookie agents. Experienced agents were also more likely to sell the home and to sell it faster.

For homeowners who are struggling with their mortgages and looking for answers, finding a trained and experienced agent is even more important. It takes an experienced agent to help homeowners understand their options and help them find the best path through their unique situations.

Whatever your reason for selling your home, choosing the right agent is crucial. Let’s take a closer look at 3 major benefits of working with an experienced agent.

1. An Experienced Agent is More Likely to Sell Your Home.

In general, agents with more experience are more likely to sell your home. In fact, the same study finds that veteran agents are 1.6 times as likely to sell your home compared to rookie agents or agents with less than two years of experience.

Agents with a lot of experience in a specific area or neighborhood are tuned into why and how homes in that area sell. These agents work with you to develop tailored pricing and marketing strategies, helping guarantee that you sell your home.

The same is especially true for distressed or underwater homeowners. An underwater homeowner is someone who owes more on the mortgage than the home is worth. Selling a distressed property can be complicated, and it takes an experienced agent to understand and help you navigate the options available.

For example, a short sale is often a good option for homeowners underwater on their mortgage. In a short sale, a lender accepts less than the full balance owed on a loan. However, successfully completing a short sale requires the agent to have intimate knowledge of the process and paperwork, a strong supporting team, and good rapport with lenders, among other qualities. Agents trained and experienced in distressed properties will possess all of these tools and more… like we do at Celebrity DFW ;)!

2. An Experienced Agent Will Sell Your Home For More.

The more experience an agent has, the better he or she understands how to list, market, and sell your home. This means selling your home for more—12.6% more or $25,000 dollars on average. Why? Experienced real estate agents understand your neighborhood and market conditions. Today, many markets are “seller’s markets,” or markets where there are more people trying to buy homes then there are homes available. This is the case in the Dallas-Fort Worth real estate market. For many homeowners, this means that they are now able to sell their homes for even more than they thought possible. Experienced agents know the current conditions of your market and can help you devise a competitive pricing strategy that will get you top dollar for your home.

Experienced agents also possess strong negotiating skills. When offers start coming in, these agents filter them down to only serious and competitive offers. Then, they will help you to close the deal for the best possible price.

3. An Experienced Agent Will Sell Your Home More Quickly.

Experienced real estate agents also help your achieve your goals much, much faster. In fact, veteran agents sell homes 32% faster than rookie agents. That means less headache and time spent on selling your home, and more time on what comes next.

Apart from pricing and staging your home properly, experienced agents have a wide professional network. By reaching out to their extensive network, these agents are able to find the perfect buyer for your home more quickly.

For struggling homeowners, experienced agents with specific training can help you sell your home up to 50% faster. In addition to a wide network, experienced agents understand the ins-and-outs of selling a distressed property, from identifying the best solution to completing the process in the most efficient way possible.

As an experienced real estate broker with the Certified Distressed Property Expert® (CDPE) designation, I have devoted myself to serving the homeowners in the Dallas-Fort Worth area. Whatever your reason for selling your home, my team and I are here to help!

Our team is extensively trained and experienced in helping clients facing foreclosure find the best possible solution to their situations. We’re plugged into the major lenders and up-to-date on Federal and local government assistance programs.

Today, there are more options than ever for homeowners facing foreclosure. It is our mission to help as many Dallas-Fort Worth homeowners as possible find the solution for their situation!

If you or someone you know is facing foreclosure or is simply thinking about selling a home, contact us today! We’re here to serve as trusted advisors and to lend all of our training, experience, and expertise to helping you navigate your options.

Sincerely,

Efrain Garcia

Broker & Owner

The Return of the Housing Market!


You probably wouldn’t have believed it a year ago, but today may very well be a great time to sell your home!

Prices have gone up substantially for a number of reasons, not the least of which is that more and more people are looking to buy. Couple this with the fact that inventory in our market is low, and it becomes a simple supply and demand equation with the result being that homeowners are in the driver’s seat!

Our latest report explains in detail why prices have gone up and why your home might be worth more than you think! The report is entitled, “Return of the Housing Market” and we think you’ll be surprised when you download and read it.

Download the report by clicking the link above and after reading it, contact us today for a free market analysis if you'd like to know what your home is worth!

In Many Markets, Home Prices Near Pre-Recession Peak!


Over the last year, home prices nationwide have steadily increased. In fact, four states reported home prices that matched their peak, and twenty-two other states reported home prices within 10 percent of their peak prices.

In the Dallas-Fort Worth area, according to North Texas Real Estate Information Systems, we’ve experienced a 10.8% increase in the median sales price of single family homes when comparing the period of Feb 2013 through Jan 2014 to the same period of time a year previous (Feb 2012 through Jan 2013). The median sales price at the end of last month was $173,500 and, at this time last year, it stood at $158,000. At the same time, the days on market have continued to decrease to an average of 65 days. The combination of rising prices and low days on market offers the perfect situation for Dallas-Fort Worth sellers!

Although our market has improved, many homeowners in our community don’t realize just how much prices have improved. So if you or someone you know are one of the millions of homeowners who were underwater on their mortgage, or have been waiting to sell your home until the market improved, now may be the time to sell! We have a report entitled, “Underwater Homes Reach the Surface,” that explains why prices keep rising. Today, homeowners looking to sell their home are in a great position. Do you know how much your home is worth? Probably more than you think!

Click here to download and read the report, and then contact us today for a free market analysis!

Facing Foreclosure in Dallas-Fort Worth? You Have Options!


A lot has changed since you bought your home.

If you or someone you know is among the nation's 10 million homeowners who are falling further behind every single month because of an unmanageable mortgage payment, then that weight may feel unbearable. But there is actually some encouraging news: Government incentives, coupled with banks willing to help stem the foreclosure tide, are providing new opportunity.

You have options, and foreclosure is not one of them!

As real estate professionals with the Certified Distressed Property Expert® (CDPE) designation, we offer all of our clients the benefit of the best expertise and insights when it comes to avoiding foreclosure in Dallas-Fort Worth.

Take a look at the helpful information on our site and then download a copy of our free report here entitled “Your Mortgage Does Not Have to be A Monster.” Then contact us for a free, confidential consultation.

A Fresh Start Could Be Waiting for You


Stories are powerful, especially when the stories help you to identify with someone who is in a similar situation. For people in danger of losing their home to foreclosure, it’s so common to feel alone. That is why it’s vital that others who have been in the same situation but found a way to save themselves tell their story.

A few stories of homeowners across the country who faced foreclosure and found relief have been collected in our report entitled “Fending Off Foreclosure”.

These aren’t simply stories of homeowners who faced adversity and survived through a difficult situation. These are stories of people who realized that they needed help, reached out to an educated real estate professional and discovered that there were options besides just allowing themselves to succumb to foreclosure.

Download the report here, read these stories of real people who have been in this exact situation and then contact us for a free, confidential consultation.

Don't Let Time Run Out!


The Mortgage Forgiveness Debt Relief Act was passed by Congress in 2007 in an attempt to provide some relief for the millions of homeowners who found themselves owing more on their mortgage than the property was worth as a result of the collapse of the housing and finance industries.

The act, which was always intended to be a temporary solution, is now set to expire at the end of 2013. Time is running out. But there is still time to change your financial direction and avoid foreclosure.

Our report, “Don’t Let Your Short Sale Leave You Taxed” gives homeowners the most accurate information about the Mortgage Forgiveness Debt Relief Act, which has helped many distressed homeowners find options that were previously unavailable. Reading this report will teach you what the Mortgage Forgiveness Debt Relief Act is and how it can help save you money.

Time is running out. But there is still a chance to change your financial direction and avoid foreclosure. Contact us today to schedule a free, confidential consultation.

Someone You Know May Need Your Help This Holiday Season


The Holidays mean different things to different people. For most, it’s a joyous time of the year when we can gather to celebrate with loved ones, enjoy family traditions and reflect on those things we are thankful for.

As the Holidays approach and we look forward to spending time with family and friends, it’s important that we think about the less fortunate among us who may be struggling this Holiday season.

Though the recession and housing crisis are over in many areas, and there are areas that are flourishing again, many homeowners here in Dallas-Fort Worth still find themselves owing more on their mortgage than their home is worth or are unable to make their monthly mortgage payments due to a life altering event that has sent them into financial turmoil.

It’s our duty as friends, neighbors and family to offer assistance to those who need help during the holidays. If you know of anyone who is struggling with their mortgage, let them know that there are options available to them.

As CDPEs® (Certified Distressed Property Experts), we can help. Our services are free. Please don't let someone you know who is struggling suffer through the Holidays with an unmanageable mortgage. Have them contact us so that they can learn their options. We are always here to help!

We wish you and your loved ones a Happy and Safe Holiday Season!

Distressed Homeowners in Danger of Being Left Behind


As the housing market improves on a national level, news reports have focused on trends like interest rates and rising prices, while high levels of mortgage delinquency and foreclosure have been largely ignored. The market is definitely recovering and that's great news but the media focus on the recovery could mean that people who are still in danger of losing their homes to foreclosure are forgotten about. 

While delinquency rates have improved since the worst part of the housing and financial crash, they are still at elevated levels well above historical norms. The simple fact is that, even though delinquency numbers have dropped below 10%, that still represents millions of homeowners who are in danger of losing their home to foreclosure and don’t know what to do. If you or someone you know is one of the millions of homeowners who is stuck with a home on which you owe more than the property is worth, the feeling of helplessness can be overwhelming and frustrating.

Many people don’t realize that just because they are in danger of losing their home to foreclosure doesn’t mean they have to wait around for it to happen. With help, they can take matters into their own hands. My message for Dallas-Fort Worth homeowners in this situation is that there are options that can help them secure their future.

We make it our business to know all of the ins-and-outs of the options available for people who are in danger of losing their homes and help them meet challenges head-on.

In my new report entitled, “Save Your Financial Future: 5 Ways to Beat Foreclosure and Avoid a Damaging Credit Collapse,” I outline the options that are available to at-risk homeowners. Click on the link to download and read the report and then contact us today to schedule a free, confidential consultation.

Your Home May Be Worth More Than You Think!


Today’s real estate market is very different than it was a year ago. Prices have increased rapidly over the past 6-8 months as part of a steady recovery we’re seeing take place across the nation in real estate. Specifically, the North Texas area has experienced a dramatic shift in our local market dynamics that may be news to some. If you or someone you know has a home in which they owed more on their mortgage than the property was worth, that may no longer be the case. Or perhaps you’ve just been waiting the market out for prices to increase. Well, that time has arrived.

According to North Texas Real Estate Information Systems, at the end of last month, the median sales price in the North Texas area for single-family homes was $170,000. Just in January of this year, the median sales price for single-family homes was $158,000. The increase in sales prices, however, is a trend that, in our market, actually began around February 2012, when the median sales price was $146,000, and has been on a continual rise since then. Comparing the period of Oct 2012 through Sept 2013 to the same period of time a year previous (Oct 2011 through Sept 2012), there has been a 9.7% increase in the median sales price. If you're wondering, yes, that's pretty amazing! Home values are increasing at rates not seen even before the Great Recession (Actually, I hate that name. There was nothing great about it, LOL).

Reasons for this incredible rise in home values stem from a supply and demand issue that, like much of the nation, we are also experiencing in our market. Generally speaking, the real estate market needs about 6 months of inventory in order to keep up with normal supply and demand. However, currently, according to North Texas Real Estate Information Systems, Dallas and Tarrant counties only have about 3 months supply and Collin and Denton counties even less, hovering at about 2.5 months.

I have a report that explains in detail why prices have gone up and why your home might be worth more than you think! The report is entitled, “Surprising Housing Prices,” and I believe you’ll be surprised when you download and read the report. Once you are done, contact us today for a free market analysis if you’d like to know your home’s current market value!

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