What You Need to Know About Companies Like Opendoor and Offerpad


You may have heard of Opendoor and Offerpad, but what do these kinds of companies actually offer you as a seller?

Looking to buy a home? Search all homes for sale 
Selling your home? Get a FREE home value report

Today, I’d like to share some information about two big players in the world of wholesaling and direct seller offers.

Right now, direct offers to sellers from institutional wholesale buyers are a big trend in real estate. There are two main companies pioneering this space: Offerpad and Opendoor.

You may have seen advertisements from either of these companies via direct mail, on TV, on the radio, or elsewhere. These companies boast that they will buy directly from sellers, targeting those who may be attracted to the convenience this kind of deal has to offer.
Some sellers may be attracted to the convenience a wholesale institutional buyer can offer.
However, while convenience is a positive aspect of this kind of transaction, there is a downside. Sellers on the open market will typically net more for their property than those who sell directly to a company like Offerpad or Opendoor, even after a fee of 6%.

There are ways that Realtors can work with these companies. So if you have any interest in this kind of transaction, feel free to get in touch. My team and I would be happy to discuss your options with you.

Ultimately, the best way to decide what is best for you and your property is to clearly understand which will earn you a higher net income.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

4th Quarter is Good for Buyers!


Looking to buy a home? Search all homes for sale 
Selling your home? Get a FREE home value report

Supply up 11% since August, Down 12% from 2016

For Buyers:
The 4th quarter is a good time to be a buyer seasonally. After April or May, buyer activity gradually declines every month with the 4th quarter seeing the lowest level of contracts in escrow. This is typical within all price ranges. Meanwhile, supply levels tend to rally in October with new listings after becoming stale over summer months. This provides the remaining buyers with more listing s to choose from fewer competing for offers. A welcome relief for many, however, this seasonal lull doesn't mean buyers will win with low offers. For most buyers, this environment only provides fewer competing offers on their preferred properties. It doesn't necessarily mean they'll get a bargain.

Commentary written by Tamboer, Senior Real Estate Analyst with the Cromford Report. 
(copyright symbol)2017 Cromford Associates LLC and Tamboer Consulting LLC 

To All of Our Clients: Thank You


Today I want to take a moment to express some gratitude on behalf of my entire team. We want to thank each and every one of you for your support.

Looking to buy a home? Search all homes for sale 
Selling your home? Get a FREE home value report

Happy Thanksgiving! Today I want to take a moment to express some gratitude on behalf of my entire team. We want to thank each and every one of you for your support. We appreciate you giving us the opportunity to go to bat for you.

Being able to demonstrate our experience, skill, dedication, and knowledge by helping you buy or sell property is something we are very grateful for.

With that said, I want to bring your attention to a magazine put out internationally by Keller Williams: OutFront. Recently, I was fortunate enough to be featured in the magazine, and I just want to share this experience with you.

At first, I hesitated to share this news because I don’t want to seem egotistical, but I ultimately decided that I should, since it is thanks to all of you that I’ve been able to achieve this honor. Since you helped make it happen, my team and I would love to ship you a copy of this issue out so that you can see it for yourselves.

The article mostly covers my real estate story. For those of you who don’t know, I entered the world of real estate in 2005 with $40 I borrowed from my sister. There was no YouTube or Zillow back then. It was all about advertising in the newspaper.
I entered the world of real estate in 2005 with $40 I borrowed from my sister.
Using the $40 I borrowed from my sister, I was able to put an ad in the Saturday newspaper saying: “For a free list of rentals in North Scottsdale, call Kelly.”

I thought that if I could help people find rental properties, I might be able to help those same people buy homes in the future once they were done with their lease. And that’s how it all began.

Just over 12 and a half years later, here I am. So, again, I just want to thank all of you who have supported my team and I over the years.

If you have any other questions or would like more information, feel to give me a call or send me an email. I look forward to hearing from you soon.