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So, if you are wanting to SELL your Albuquerque home , what should you look for in a broker? Number One - find someone with great Internet presence! Why? Simple...that's where the buyers are. The buyers, over 80% of them, are looking on the Internet for homes. Find an individual broker who has high presence for a search for your area, for instance - I can't resist the personal promotion here - Albuquerque real estate - and list with that broker. They will expose your property to more buyers in more areas of the Internet than anyone else. They understand the value of good quality photos, property specific websites and quick contact through their email and text messaging programs for your property. Number Two - find someone with great Internet skills! Why? Go Green - paperless transactions, easy communication, great documentation through the transaction and showing updates for feedback on your property. Number Three - find someone with great education in the new rules a...

What did that house sell for?

Have questions about values before you commit to selling your Albuquerque home ? What are homes selling for in the area? Here is a quick and easy, no pressure way, to find out if you need to take that next step to calling me to come see your home and get you the marketing plan best for your property and time line. This tool will get you your neighborhood information and keep you updated on the market. You can also get a Free Seller's Report for staging tips and tricks - emailed right to your inbox. Don't call me until you are ready, and these tools will get you the information you need before we start the process. For my free Seller's book - published and for sale on Amazon.com - just email me for your FREE copy - no obligation.

Music and real estate

Had an amazing time last evening watching YouTube videos of fantastic rock 'n roll shows from the 60's...wonderful music, and a wonderful time. Do you know how much a home cost back then? In New Mexico, the average price of a home was $76,900 - wow, amazing. Long term, your best investment is in your home - so why rent? Maybe short term for renting is fine....I remember renting a nice apartment in a nice part of town when I had a transitional time in my life but took the time to analyze what it would cost to own my own space instead of renting. I moved into a beautiful small condo in the same part of town for just a few dollars more and never looked back. Take a sneak peak at condos in Albuquerque and see if you would rather own your own little piece of the air instead of making your landlord rich.

Buying a short sale or foreclosure property?

  These are great ways to get amazing deals on properties, but be aware that there is often a real time drawback to this type of purchase. A ‘short sale’ is where the seller still owns the house, it has not gone into foreclosure, but they owe more on the property than the market value will now support.  In order to facilitate this type of purchase it requires that the lien holder (the bank or mortgage company) has to agree to forgive the lien amount to an amount that will allow the sale.  So – there is a third party involved.  This third party is also a corporate entity, and I don’t think I need to say more about wading through that ditch. A foreclosure is where the bank now owns the property, and is trying to sell it to the highest bidder.  Again, you are dealing with an entity that has no time constraints and sometimes by their behavior you are going to think they don’t have any motivation either.  They also will not know anything at all about th...

Another great report about Albuquerque

Another great report on Albuquerque - this time from US News and World Report -

ALBUQUERQUE CONDOS AND LOFT SEARCH

TODAY'S PROPERTY SEARCH - CONDO AND LOFT PROPERTIES Condos and lofts in the Albuquerque area – great opportunity to live in areas where buying a single family residential property might be out of your budget. Location location location is what you are looking for in real estate, and this might be just the way to do it! Easy living, no yard to take care of – close it up and go enjoy your day! That’s what Condo and Lofts can offer. A lot of great opportunities exist in the Downtown, UNM, Northeast, and Northwest areas. Even Corrales and the North Valley offer great living opportunities in this type of property. Home owner’s fees will usually cover hazard insurance, private roads, common areas (gardens and park areas) and some will even pay for water and city services costs. Enjoy your tour of Albuquerque condos and lofts! CLICK HERE TO SEARCH ALBUQUERQUE CONDOS AND LOFTS

Search Tanoan East homes

TANOAN EAST The area of Tanoan is a gated community made up of East and West walled areas. Started in the late 1980’s, this neighborhood features the private Tanoan Country Club . This club features golfing, tennis, fine dining, swimming, a first class pro shop all housed in a gorgeous facility. The gated aspect of the neighborhood provides security and privacy for its residents. Homes range in the area of a starting price of $300,000 for townhomes and patio homes to estate homes reaching the $2,000,000 mark. The private streets are supervised with a 24 hour guard, and the residents enjoy a quiet and tranquil neighborhood feeling. Events are scheduled regularly for the community including the Fourth of July fireworks which has become a real Albuquerque tradition.The East side of the Tanoan community is where the club amenities are located. This gate is located East of the Eubank/Academy Road intersection. CLICK HERE to search Tanoan East homes

NEIGHBORHOOD SEARCHES

TODAY'S NEIGHBORHOOD SEARCH - SANDIA HEIGHTS Situated at the base of the Sandia Mountains, this neighborhood features fantastic views of the city of Albuquerque. The neighborhood began in the mid 1980’s with custom homes on large mountain lots. It is not unusual to see abundant wildlife in the area including bobcats, quail, deer and hawks. Contemporary and adobe–styled homes on one–half to one-acre lots start in the mid $200,000 range for townhomes and patio homes, and range up to the $2,000,000 dollar mark for homes backing to the protected nature area at the top of the building envelope. Natural landscaping is dominant in this area as well as great city views. Many "Santa Fe" style homes amid southwest contemporaries. This is a highly sought after area because of the larger lots and views of the city as well as the World Famous Sandia Peak Tramway . FOR A SEARCH OF SANDIA HEIGHTS PROPERTIES: CLICK IN THIS LINK

STATISTICS - be curious

I know you are reading alot of statistics here and there and everywhere about what the market is like. Depending on the delivery the stats are useful, or not. Be aware when you see statistics that the market is "up" with pending sales (as recently reported), be curious as to how that data was collected. In my opinion it had more to do that the inventory of available new home inventory has decreased, causing buyers to buy re-sale homes that are in the MLS; often new home sales are not reported in the MLS. So, yes buyers are out there, but are there more buyers, or just less homes? When you see sales increasing in an area, don't think that this means, as a seller, that you should start holding out for a higher price than market value. Let's remember that Market Value is where you get an offer - so if you have had an appraisal 5 months ago that told you a price, that doesn't mean this is where it is going to sell. If you see home sales increasing in your area, race...

I'd love to network your property - BUT

You know how powerful the Network is, otherwise you wouldn't be on the Internet. The National Association of Realtors stated that over 80% of home buyers and sellers are on the Internet shopping for homes and finding out what is for sale. It also stands to reason that my biggest source of eyes for your property is my Network that I have with my fellow brokers. The answer is Yes, but if only I could get to them! My association that I belong to doesn't make available a down loadable updated list of email addresses for the membership for me to access. This prevents me from marketing your property to them in the form of announcements of open houses, broker open luncheons, special features and flyers that would make your property stand out in the crowd of over 5,000 listings. Unfortunately there is no easily accessible method to send out an email to everyone even in my own company at Coldwell Banker Legacy - at least not yet. I am lobbying to have this available. The co...

I WORK FOR FREE!

Yes, that's right! I work for free when your home is for sale and listed with me. I get paid when your home sale closes. Until then, I work for free; all the photos that I take, all of the virtual tours, the marketing, the open houses, the continuing education classes that I take during the time your home is on the market - I'm paying for that. All of my office expenses, my paid assistant, my gas bill and my car maintenance, I'm paying for that. While your home is for sale I'm networking with other brokers about your property, going on Realtor tours and learning about the market. I'm maintaining my websites and making sure that all of your property photos and marketing materials are up to date. I'm paying for that. During some markets, I work for free for a few weeks. During some markets I work for free for months, even years. I don't charge consulting fees, but I'm always here for your questions and concerns. When you pick up that phone or se...

Shopping in Albuquerque

Home sales are starting to move up and I'm seeing homes selling quicker! Especially NEW LISTINGS - fresh inventory is catching the eye of the buyers. Speaking of buyers, I noticed something while shopping; I'm an avid shopper and even tho I've been on withdrawals b/c of conserving $$'s, I still like to kill some time and destress by window shopping (the ever hopeful "wish board") I noticed today that both Costco and T.J. Maxx have ramped up the quality of the inventory - does this mean that maybe Albuquerque is moving up in the category of retail shops. I know that for a long time many of our national chains have not carried the same type of inventory as in other areas, and it has been because we aren't considered an "A" location. Maybe now the "A" can stand for more than Albuquerque - back to shopping!