Spring is in the Air

I love spring. Not only does it jumpstart the real estate sales but everyone is starting to emerge from their winter hibernation. The bikes, rollerblades, skateboards, joggers and walkers come out in troves. Everything starts to bloom and turn green – and let’s not forget – golf season is just around the corner.

It’s been a while since I posted – I think that’s a good thing because I’ve been busy running a busy brokerage and selling homes. To date, 2010 has mimicked the first 3 months of 2009. There is still the feeling out there that this is going to be a fantastic year. The difference between a fantastic real estate year for agents and a fantastic real estate year for clients is the price of real estate. There is a common misconception that a good year in real estate will translate into higher house prices. The truth is that a fantastic year for real estate is there is a larger number of homes selling. Prices will go up when there is a higher demand for houses in Brooks, so obviously, if the demand goes higher than prices will reflect that sooner than later. Unfortunately, there are a lot of homes for sale in Brooks, so the demand remains low-stable.

Currently there are 102 single family detached homes for sale in Brooks. Since January there have been only 25 single family detached homes sell. (Does not include mobiles, vacant land, condos, etc)

In total, however, there have been 43 properties that have changed hands in Brooks and County of Newell.

RE/MAX Main Street Realty has been involved in 46% of those transactions since January 1, 2010. Our nearest (and largest) competitor has been involved in 33% of the transactions.

Another interesting statistic is the listings vs. solds of single family detached in Brooks. Overall, since January 1, 2010, the Board has reported a 33% ratio (25/80). RE/MAX Main Street Realty has a ratio of 36% (14/39). And our nearest (and largest) competitor has reported a dismal 17% (7/42). 33% is still a low ratio by my standards, however, our systems are almost twice as effective to get your home sold then are nearest (and largest) competitor.

RE/MAX strives for a high standard of customer service. We believe that this attitude will help us to continue to rise “above the crowd”. I train my agents to maintain communication with their clients throughout the listing/sale process and not leave the client guessing.