Pink House Team Keller Williams Realty 806-340-7630 Did you know that 80% of For Sale By Owners ultimately turn to a Realtor   One of the things that I find most interesting about these statistics is that Realtors actually are able to get 19% more money for a house than a For Sale By Owner.  If the typical real estate commission is 6% that means that I can pay for myself and get you an extra 13%!   For Sale By Owner (FSBO) Statistics   FSBOs accounted for 9% of home sales in 2012. The typical FSBO home sold for $174,900 compared to $215,000 for agent-assisted home sales. FSBO methods used to market home: Yard sign: 48% Listing on Internet: 32% For-sale-by-owner websites: 20% Sites with real estate listings (e.g. Yahoo!, Google, etc.): 11% Social networking websites (e.g. Facebook, Twit... 04/04/2014

Pink House TeamKeller Williams Realty806-340-7630 YOU GET WHAT YOU PAY FOR WHEN SELLING YOUR AMARILLO HOME Have you ever had a toothache and you needed to have the tooth pulled?  What did you do?  Did you stop on the street corner and ask someone with a pair of pliers to yank it out?  Did you ask a friend to tie a string on it and slam the door? I doubt it.   When you have a toothache and you need to have your tooth pulled, you want a dentist.  You want someone that knows what they are doing.  Do you think they are going to charge you more than the guy with the pliers or the friends with a string?  (The friend with the string might try to charge you the same amount.  What are friends for, after all.)  Of course.  They are a professional and that is what you need. Hiring a Realtor is no ... 04/04/2014

Pink House TeamKeller Williams Realty806-340-7630 Current Market Conditions Current Posted Listings                 1209 Current Pending Listings                 401 Listings Closed in March                  256 Year To Date Closed                        636 Average Sales Price                   $157,568 TRADEWINDS No new listings in March Average Sales Price  $128,870 Closed volume    $1,947,850        CITY VIEW New Volume    $2,985,300 Average Sales Price   $214,643 Sold Volume $3,004,995   HILLSIDE TERRACE New Volume $2,341,800 Average Sales Price  $181,270 Sold Volume  $908,598 Other area statistics available upon request.     Sign up for your own Market Insider    Information current as of 4/1/2014 Pamela Madore Pink House Team Keller Williams Realty 7304 SW 34th Amarillo, TX 7912... 04/02/2014

Pink House Team Keller Williams Realty 806-340-7360 You only hear about first time home buyers.  What about first time home sellers? FIRST TIME HOME SELLER If this is the first time you have sold a home, you need information.  When you bought your home you probably had no or little interaction with the seller and wasn't a party to what they had to go through. Now it is time sell and the first question is, "what do I do now"?   Find a great Realtor.  Since you are seeing this on my website, I guess you have found a great Realtor so that is taken care of.   Let's determine first why you are selling?  That is valuable information for me to know.  If I am best going to serve you, I need to know what you are trying accomplish.  If you need to sell because you just found out you are pregnant ... 04/02/2014

Pink House Team Keller Williams Realty 806-340-7630     TAKE THIS HOUSE AND SELL IT   I showed a house today to some clients and the owner was at the house.  That is not a usual practice but this was an unusual situation.   Anyway, before we could get in the door she said,  "I am so ready to get rid of this house.  I will come down on the price and if you need anything fixed just let me know".     She is at the TAKE THIS HOUSE AND SELL IT place.   As a seller she was frustrated that her house hadn't sold.  She wasn't frustrated with her Realtor.  She was just frustrated.   She had plans and the only thing standing in her way was getting the house sold. There could be many reason for that to happen and ultimately it is the buyer that decides when your house sells.   I don't want to just... 04/02/2014

Pink House TeamKeller Williams Realty806-340-7630 How do I find out what my home is worth in Amarillo? There are a few ways to find out the value of your home--or at least a general idea.  Each way has its value but only a laser focus appraisal will tell you what it is worth. Here are some examples of places to look Zillow Potter/Randall Appraisal District Comparative Market Analysis   I randomly picked a house that just sold and this is the information that I found. Property was listed at $136,900 Zillow Zestimate        $129,000 Potter/Randall Appraisal District  $130,661 Comparative Market Analysis  $136,500 The property sold for $134,500     Here is another example:     Property was listed at $235,000   Zillow Zestimate  $247,000 Potter Randall Appraisal District  $172,079 Comparati... 03/30/2014

Pink House TeamKeller Williams Realty806-290-1920 FOUR TYPES OF BUYERS There are four types of buyers.  If you want maximum exposure in selling your house, you need access to them all. #1  These are the buyers that are in a hurry.  Maybe they are relocating and are only here for the week-end to find a house.  Or maybe they signed a contract on their house last night and only have 30 days to move.   #2  These are the buyers who have never bought a house or have bought one and now need to sell and buy another one.  They need hand-holding because this is a new experience to them and they really have no idea how to start. #3  These buyers are looking for a deal.  A FSBO sign is like a bone for a dog.  They will come in and offer you half price. #4  These buyers are not really buyers at all.... 03/26/2014

Pink House TeamKeller Williams Realty806-340-7630 RENT-TO-OWN OR OWNER FINANCING? Amarillo is a place where you can check Craigslist or just ride around looking and find a lot of rent-to-own properties.  But what does that actually mean? First, let me tell you about some of the documents that we use in Texas when you buy a house. If you buy a house with bank financing, for instance, at closing you will sign a note and a deed of trust.  The note is a promissory note which says that you "promise to pay" the amount of money owed.  The deed of trust (in some states it is called a mortgage) is the document that is filed and recorded at the courthouse giving public notice that their is a lien on the property and who is holding the lien.  The seller of the property that you are buying signs a ... 03/13/2014

Pink House TeamKeller Williams Realty806-340-7630 MATURE TREES IN AMARILLO Amarillo does not have a lot of trees.  They either get blown away or die of thirst.  Because of that, many people when buying a house want mature trees. The only place mature trees can be found are in older, established neighborhoods.   The obvious reason for this is that the trees were planted when the house was built.  Being in a close environment, it is harder for the wind to whisk them away during normal Amarillo wind.  There is, however, another reason. It may be less obvious. Trees need water.  According to US Climate, Amarillo receives an average total of 20.31 inches per year. According to the American Forests Website  "In one day, one large tree can lift up to 100 gallons of water out of the ground and ... 03/12/2014

Pink House TeamKeller Williams Realty806-340-7630 OWNER FINANCING  in Amarillo is a very popular tool to help people get into a house they may  be able to through bank financing.  Here are a few reasons for using owner financing: Less than perfect credit Unverifiable income or unusable income Had a bankruptcy within the last 2 years Had a foreclosure or short sale within the last 3 years LESS THAN PERFECT CREDIT can be caused by a number of different things.  Recent medical collections can cause credit scores to plummet.  Even though everything else may be fine, recent collections won't make it through bank financing.       Sometimes in a weak moment,  you might co-sign with a friend or family member. In the event that person doesn't make scheduled payments, it will hurt your credit. Wh... 03/11/2014

Pink House TeamKeller Williams Realty806-340-7630 When the Pink House Team lists your Amarillo house, in addition to putting the sign in the yard, we put a blue thing on your door.  This is the box where your key is kept and other Realtors need a magic key to open it.  Here is a short video showing you how it works.       Hope that was helpful!  Give me a call and I will put one on your door, too!   Pamela Madore Pink House Team Keller Williams Realty 7304 SW 34th Amarillo, TX 79121 806-290-1920 http://myamarillohomes.com       03/10/2014

Pink House Team Keller Williams Realty 806-340-7630   SELLING MY AMARILLO HOUSE WAS A NIGHTMARE.....   And it still isn't sold.  Recently I was told this story (paraphrased) by a very dissatisfied seller.   "We wanted to sell our house because it is simply too small. We called the Realtor we used when we bought the house because she was awesome.  Well, she retired and referred us to another Realtor.  That is when the problem started.   My husband and I work different shifts so he is home asleep during the day. We needed some notice so that he wouldn't be in bed.  Apparently that never got relayed because two different times a Realtor just walked in and caught my husband in his boxers.   The Realtor put a sign in the yard but it broke and he never came to fix it. The only description we ... 03/02/2014

Pink House TeamKeller Williams Realty806-340-7630 Sometimes selling houses can be harder than other times.  Delays and occurrences that you  never think could happen actually happen!  At the Pink House Team, we persevere and will work with you until you get the keys or you give the keys--and beyond!  Let us show you how we can put your house in this picture! Pamela MadorePink House TeamKeller Williams Realty7304 SW 34thAmarillo, TX 79121806-290-1920http://pinkhouseteam.com   02/28/2014

Pink House TeamKeller Williams Realty806-340-7630 What is the correlation between assessed value and market value on your Amarillo home? Working with buyers and sellers every day, I often hear that the "appraised value" is such and such.  What they are referring to is the value that the Potter/Randall Appraisal District  (PRAD) bases the taxes on for each house.   What I hear most often is (mostly from other Realtors) is that the property is priced at  X amount below PRAD.  Does that necessarily make it a good deal? I was curious about how PRAD comes up with their value so I called to find out.   Let me say, however, that for me it was a little complicated so don't take what I write here as gospel.  If you have a question, please call PRAD yourself.           First, let me explain how a... 02/27/2014

Pink House TeamKeller Williams Realty806-340-7630 We love to write "Another Home Sold By The Pink House Team" because that means we have another happy homeowner.  To get your home posted here, list with us today! Ridgecrest Home Sold   Remember!  Another Home Sold By The Pink House Team could be yours!!     Pamela Madore Pink House Team Keller Williams Realty 7304 SW 34th Amarillo, TX 79121 806-290-1920 http://myamarillohomes.com   02/17/2014

Pink House TeamKeller Williams Realty806-340-7630 DID YOU KNOW.......?   I help a lot of people find their owner finance/investor finance house.  What you probably don't know is that more than 50% of the people that contact me about owner financing, I am able to get them financed.  The advantage to that is that you have many more houses to choose from.  And I am often able to get the seller to pay your closing costs.  On an FHA loan the down payment is 3.5%--on $100,000 purchase price that is only $3500!   Do yourself a favor and try to get qualified.  I can go down to 580 on credit scores.  If you are less than that, we can often increase the scores within 30-60 to make it work.         Visit   http://www.rhtucker.com   Fill out the online application.  Please put my name in there as ... 02/15/2014

Pink House TeamKeller Williams Realty806-340-7630 How Interest Rates Affect The Value Of Your Home Is that true?  Can interest rates affect the value of your home?  Amarillo house values can definitely can be affected by interest rates.  Let me show you how. How Much Can I Afford? When a buyer decides to buy a house we normally think that a buyer is looking at the price of the house. In reality, however, buyers are looking for the cost of the house.   In other words, in most cases, the buyer really doesn't care too much about the price, they simply want to know how much it will cost per month. When interest rates are constantly fluctuating, a buyer who is qualified for $200,000 today may not be tomorrow. The Rule Of Thumb Buyers determine the price of a house.  Simple.  It doesn't matte... 02/13/2014

Pink House TeamKeller Williams Realty806-340-7630 If you are a seller in Amarillo and you are frustrated because your house hasn't sold, let me give you a few tips that might help you. Remember this is a joint effort!  Be aware that the buyer determines whether or not the house sells.  My job as a Realtor is to make sure that your house is everywhere to be found.  Most buyers start online looking for a house so every nook and cranny must have your house listed. Be sure that your house is easy to show.  Recently, I had a house that the seller was very anxious to sell but an out of town buyer, only in town for one day, wanted to see it and the sellers weren't able to accommodate. They bought a house that day. Be satisfied that all areas of the house inside and out are available for pictur... 02/13/2014

  Pink House Team Keller Williams Realty 806-340-7630  When you go on vacation do you pre-pack the week before or do you pack the night before? The last time I went on vacation I packed the night before and forgot my toothbrush and my Via coffee from Starbucks. For me, two critical things.  Selling your house can have the same elements. Pre-packing simply means getting ready in advance. The first 7-14 days of your house being on the market are critical. That is when the most buyers will be coming through your house. That first impression will often make or break the sale.  Here are some pre-packing tips.      Take family photos off the walls and book stands. You want the buyers to picture themselves in their new house.  Less is more. Anything you can live without during the time of the ... 02/10/2014

Pink House TeamKeller Williams Realty806-340-7630 You have moved out of town and had to leave your house vacant while it sells.  There are a number of things that you can do to give yourself some peace of mind. Be sure that you leave the utilities on and keep the payments current.  You may have to keep in touch with the utility companies until you are sure they have your new mailing address. Utility companies have been known to make mistakes. You don't want to let it slip through the cracks and have your heat turned off, especially in winter!     Unfortunately, there are thieves in this world.  Some people ride around searching for vacant houses.  A vacant house with a for sale sign in the yard is especially tempting.  Be sure to make it look occupied. Instead of just leaving lights on,... 02/10/2014