3 Energy-Saving Tips This Winter


Even the desert gets cold sometimes. Here’s how to keep your energy costs low when it does.

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We’re fortunate that it doesn’t ever get too cold here in the desert, but we all know that it does get chilly at night around this time of year. Here are three tips to help you save some money on energy costs in your home during this time:

1. Get a draft snake. You can get these in a ton of different designs, and they fit right under your door to help keep warm air in and cool air out.

Draft snakes come in many different colors and designs.

2. Reverse the ceiling fans. Most of us don’t do this, but it’s a really good tip. Cold air tends to hang around your feet. By reversing the fan, you bring that cold air up and make the home warmer. The best part is that it’s so easy. There’s a switch on your fan that will reverse it.

3. Flush your water heater. By simply draining this, you can get rid of a lot of sediment and particles that tend to build up and cause the system to run less efficiently

I hope these tips help out. If you have any questions for me in the meantime, don’t hesitate to give me a call or send me an email. I look forward to hearing from you.

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?

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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!


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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