Baton Rouge Real Estate Appraisers: Why do some houses sit on the market while others sell?

http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisers: Why do some houses sit on the market while others sell?

home-for-sale-sign

 

Here’s an interesting video by Jay Papasan, an executive of Keller Williams Realty. We see “Jay” on the month “This Month In Real Estate US: November 2010” videos on YouTube. In this video, Mr. Papasan explains why some houses just sit there on the market while others sell, which is an appropriate topic for locals now that the expiration of the Federal tax credit means a lot homes locally are just sitting.


I thought his explanations were helpful explanations. The visual displays of these concepts of his x/y axis were helpful as well.

I’m curious to hear the experience of both home owners and real estate agents as to what if Mr. Papasan is explaining is reality locally? Any ideas on what it would take for homes to sell faster? Are locals just waiting for a bottom before buying or is there something more going on in their psyche – more of a concern about what’s taking in Washington, DC than a concern for the Baton Rouge economy maybe?

You can follow Jay Papasan on Twitter at @jaypapasan, and on Facebook @ http://www.facebook.com/jaypapasan . Mr. Papasan is also coauthor of The Millionaire Real Estate Agent, The Millionaire Real Estate Investor & SHIFT.

Baton Rouge Real Estate Video: This Month In Real Estate U.S. July 2010

http://www.batonrougerealestatebuzz.com/ – Baton Rouge Real Estate Video: Keller Williams Reports On This Month In Real Estate U.S. July 2010

this month in real estate july 2010

 

 

Baton Rouge Housing Update June 2010: River Oaks Subdivision

http://www.batonrougerealestatebuzz.com/ – Baton Rouge Housing Statistics June 2010 Update: River Oaks Subdivision 70819

River Oaks Subdivision 70819 Baton Rouge

Solds In River Oaks from 1/09 to 6/19/10 revealed:
Average Sales Price: $129,370
Average Sold Price Per Sq. Ft.: $87/sf
Median Sold Price: $132,500
Number of Sales: 10
Low To High: $78,000 to $158,000
Number of Sold REO/Foreclosures Noted In MLS: 1
Current # Listings: 5
Current Listings Prices: $118,000 To $225,000

baton rouge real estate

Author’s Bio:

Bill Cobb Accurate Valuations Group

Bill’s company, Accurate Valuations Home Appraisal Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).

Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:

Office: 225-293-1500, Cell: 225-953-0638

Fax: 1-866-663-6065

info@accuratevg.com

http://www.accuratevg.com/

Video Of Baton Rouge Homes Value: How Much Value Do Pools and Metal Buildings Add?

http://www.batonrougerealestatebuzz.com/ – Video Of Baton Rouge Homes Value: How Much Value Do Pools and Metal Buildings Add?

baton rouge real estate tony zito and bill cobb talk pools and metal buildings

In this video, Realtor and Broker, Tony Zito, and Home Appraiser, Bill Cobb, discuss how appraisers value pools and metal buildings. Generally, the return might be 1/4 to 1/3 of investment, but not always. Sometimes pools have no value at all, especially the older the age of the pool. Some people likes pools and others don’t and end up filling them in with dirt. However, if you’re buying a home to live there forever, enjoy that home and add what you can afford to install…..just don’t expect to get a dollar-for-dollar return on your investment of items in your yard.

I wrote more about this topic here, “Greater Baton Rouge Homeowner Should Not Have Added $60,000 Pool In A $150,000 Subdivision

and

Greater Baton Rouge Real Estate Question: Is It Wise To Invest $60,000 For A Pool and Landscaping For A $250,000 Home

NOTE: Just don’t let that pool salesman convince you that adding that pool will significantly increase the value of your home.

 


Baton Rouge Real Estate Agent Tips: The Importance Of Sending Those Thank You Notes!

http://www.batonrougerealestatebuzz.com/ – Baton Rouge Real Estate Agent Tips: The Importance Of Sending Those Thank You Notes!

real estate appraiser thank you notes

 

reapptoolsJR-excerptsfromthetreasuryofquotes-lgBack in early 2004, I released the “Reapptools” Home Appraiser Marketing Guide. Some of the readers of this blog purchased that guide. While the implementation HVCC has eliminated some of the marketing methods recommended in the guide, there was a section about the power of thank you notes and referral gifts. These generally included a thank you with a small very inexpensive Jim Rohn booklet on success. I received a thank you note with success type booklet recently from site sponsor, Lore DeAstra with Continental Appraisal and was reminded of the power of thank you notes.

What about that appraiser or home inspector that recently sent you a listing referral? What about that Attorney that recently sent you the listing referral? What about that family friend that referred your services to their neighbor? Did you take time to send them a thank you note? The point in the Reapptools guide was that thank you notes positively reinforce that behavior over and over again.

To help me make sure I follow through on sending thank you notes, I keep a stack within arms reach. That’s why I also bought my Dymo Label Writer 400 years ago so I could print an address label in a snap!

John Jones’ Tuesday Morning Coffee video today is about the power of thank you notes. John’s recommendations are that they be hand-written, sent within a couple of days of the kind gesture, reference the kind gesture (thank for the listing appraisal referral) and use the words “you” and eliminate “I” and “we”. Enjoy! Bill Cobb