Adam Conrad, Broker/Owner of Perry Wellington Realty, LLC interviews Seth Godin a few weeks prior to the Inman Connect NYC event. In the interview Adam and Seth discuss disruptions to the real estate business and how technology will affect us in the future.
Cumberland MD has a redevelopment project and they are buying homes -we give our opinion as well as updates on the new disclosure rules hitting real estate-TRID
In this episode we talk about Designated agency and how that helps buyers and sellers
In this episode we talk about the types of personalities which are best suited for real estate – among other real estate topics
Get ready for the first of many Perry Wellington Realty Power Hours!
We are holding a ONE HOUR show today on WTAJ – TV 10 the local CBS affiliate covering all of central PA. We have LOTS of PROPERTIES to show with 2 full segments of properties to showcase. We will be talking about MOLD (yuck!) and what to bring on your first night in a new home as well as upcoming changes to RESPA (zzzzz) that we hope won’t put you to sleep.
4-5pm Friday September 19th – be there or watch it later on the web at wearecentralpa.com
See you then!
The Altoona Mirror runs a “Hometown Favorites” vote every year. They solicit nominations and the top 5 from each category are listed for readers of the local paper to place their vote. Turns out that in the category of “Real Estate Agent” there are actually 6 nominees since there was a tie.
We are pleased to announce that not one, not two, but three of our agents made the top round of nominations.
Now its going to be a challenge to pick a favorite among the favorites.
We urge you to go online and vote for your favorite Perry Wellington Agent. We are excited for Mariska Eash, Jason Jones and Rob Lynn. Their bio’s and profiles are listed below.
Voting for one of our agents is also a vote for Perry Wellington. We are very happy that local home sellers and buyers have chosen us over the last 3 years. You have made it clear that you like what we are doing – from 4.5% and published commission rates, to our helpful, educational approach to buying and selling homes.
So hop online and vote! Voting ends October 5.
Mariska is agent in our Hollidaysburg Office. She comes to Perry Wellington with a degree in Marketing from Saint Francis University and prior years of sales experience. She is a life long resident of Blair County and rooted deeply in the community. With a passion for Real Estate and love of sales, she is motivated is serving both buyers and sellers.
Jason Jones joined Perry Wellington in April of 2013. He is a lifelong resident of Central Pennsylvania. Jason graduated from Pennsylvania State University with a degree in Nursing. He has a diversified background in helping the needs of others and is very eager to advance his career in real estate. He brings a wealth of knowledge with years of experience working in the Home Health field. His specialized nursing background in helping clients transition from the residential setting into personal care homes and assisted living facilities allows families to spend time where it is needed, with family. Do you have a family member that has moved from their residence to a facility? Call today to discuss our transitions program. If you’re looking for the agent who is ‘down to earth’ and pays special attention to detail, Jason Jones is your agent.
Jason and his wife Pam reside in Duncansville with their two children.
“Who better to trust than a nurse, let me help you diagnose your buying and selling needs.”
Rob is an agent who works out of our Duncansville office. He serves both buyers and sellers in Blair and the surrounding counties. With years of customer service from his photography business, he is energetic and eager to serve the client’s best interests. Rob is a lifelong resident of Blair County and lives in Altoona with his wife and son.
814-932-9515 (cell) or 814-695-5323
School is back in session. Be careful driving out there and be on alert for children boarding buses.
Now it’s time for the adults to go back to school. You always thought it would be fun to sell homes. Friends and family have told you that you have a knack for decorating and that you are outgoing and meet people easily.
The time for talk is over – it’s time to buckle down and get those courses you need to get your real estate license.
And we can help. We have helped dozens just like you. We can help you realize your dream of becoming an agent, starting your career in real estate.
And we have lots of places to do it. We are holding classes in multiple locations and the classes are starting in the next couple of weeks.
Johnstown is starting Monday September 8- so don’t delay if you are thinking about making your move. Classes begin in Hollidaysburg on September 15 and State College on September 16.
We have a scholarship program which helps you pay for the class. You will need to chat with Adam Conrad, the broker at 814-934-5246 if you are interested in the scholarship. There is a catch of course – if you take the classes on a scholarship, we expect that you will come to work with Perry Wellington Realty – that is some kind of catch – you get to work with some of the best trained, progressive and knowledgeable agents, who are helping clients save money while successfully selling their homes.
So let’s get started!
Sundays in Central PA in the summer – the weather is fantastic. Don’t blink – you know how fast that can change!
Meanwhile we are out showing tons of open houses. We have had such success with open houses. I had been told by countless agents in the past that open houses don’t work, but we have found they work very well.
Open houses create an opportunity for buyers to view a house without the scheduling challenges of a scheduled showing.
Open houses allow the neighbors to help promote your home – many people find a house or neighborhood through a friend or co-worker, so an open house is an invitation for like minded people to congregate.
Open houses turn browsers into buyers. Browsers might just like your house in person and decide it’s time to make the move.
Open houses give buyers and opportunity to sample the service of an agent and see how they might ‘get along’ in an transaction.
Open houses – we like ’em.
Visit one of our open houses today. We put the information on the internet and in the local newspaper for you to check out your new home.
I have assembled sold statistics across our region. We have some interesting results. In ALL cases, the business is down from last year (which was a good year) but there are
some interesting nuggets of information in here. All numbers compare this year 2014 to last year 2013. Keep in mind that 2013 was an ‘up’ year and a recovery over 2012 overall.
In 2 of three markets the business was better in May – Allegheny Highlands (Blair/Bedford) and Cambria/Somerset both improved over last year. Cambria/Somerset was essentially flat with a 3% decrease (far better than last month with a 32% decrease). Allegheny had a 20% decrease vs. 23% last month. Centre county actually did slightly worse last month with roughly a 5% decrease.
Centre county overall is quite healthy – nearly $31Million in homes sold with 82 days on market average points to a housing inventory shortage more than anything. That is one hot market.
In all cases the word I get from agents is that there still isn’t enough inventory. Despite the houses on the market, the buyers are saying there is nothing to choose from. If you have a house to sell, now would be the time to talk to a Realtor at Perry Wellington Realty to get it on the market.
All information is courtesy of the following:
Based on information from the Allegheny Highland Association of REALTORS, Inc.
Based on information from the Centre County Association of REALTORS, Inc.
Based on information from the Cambria Somerset Association of REALTORS, Inc.
I put off writing this for a few days. I rechecked my numbers from the system generated reports. I hate to break the bad news, but the local market is down over last year, and not by a little. By a lot. A lot is a 23% decrease over last year. That is no rounding error. As much as I would like to echo the sentiment from last months 5% decline – there is simply no way you can blame the harsh winter at this point. I checked May’s number so far and ran the numbers up until May 15 for comparison and it could show some signs of recovery with a 15% increase.
In light of the numbers above I want to give you some strategies you can use to help in the sale or purchase of a home.
If you are selling make sure your property stands out from the pack. Price it correctly -forget this ‘let’s test the market’ mentality. The buyer knows better and will skip your house and not even bid. Automated valuation and information is online, and if you have a great Realtor (like one from Perry Wellington of course) with computer skills and knowledge, the buyer will know whether your price is correct. Don’t forget, when you use Perry Wellington Realty, you save on commission, so you can be the most aggressive with your price – buyers know this and understand that they are saving money too.
Prepare it for sale – fix what needs fixing. Paint and prepare and stage the home for maximum appeal.
Look at your competition – what do the other homes in your price category offer – do you match or beat their appeal?
Pictures – excellent pictures showcase your property online – make sure your agent is NOT USING A CELL PHONE (I had to shout that out) to take your pictures.
Agent – You need a good agent to pull all of this together for your online and offline strategy. Eager, high tech agents with great social media skills and connections are a new breed of agent not found at many brokerages.
Brokerage – Perry Wellington now sells more than one out of every 10 homes in the local market, and we are now in the top 3 brokerages in sales volume. We did this in just a few short years. We use the same Multiple Listing Service and other brokerages and agents can’t wait to sell our houses – remember that the buyer is in control now, so the buyer tells the agent what houses they want to tour and buy.
Forget Print – Sellers still think that print advertising works. It is a tactic used locally, but almost nowhere else. Buyers are online – not looking in the local paper, for homes. Recently we sold a home for a seller in about 2 weeks. The seller told us that they interviewed another agent, who was charging 6.75% commission and they had magazines and books and newspaper ads and told the seller this is why the seller needed to use them as their agent. These ads the agent would use have a single small phoo and an abbreviated description of the property. The seller listed with us for 4.5% and got the same result – house sold quickly. Even if the agent had used the print method, it takes weeks if not almost a month for the house to appear in the print advertisements. This just doesn’t work anymore.
You are out there, but you are choosy. You are searching day and night online – scouring the internet for the home you desire. (This sounds like a Horoscope) Here are your tips.
Be prepared – Get Prequalified with a lender to make sure you can get the bid in on the house you like and get it accepted. Choose any lender, we recommend our own, of course – Circuit Mortgage.
Be prepared – Have money in the bank – save, save, save. We have a segment coming up on on our TV Show tomorrow discussing the timeline for having your finances in order.
Be prepared – to have competition. Despite the down sales, the desirable homes in certain price points move quickly and with multiple bidders. If you really love a house, don’t lose it over a lowball bid. Step up and buy it if you want it. Inventory is still scarce in some price points and once a house sells, you will regret that you didn’t make a better offer.
Be prepared – to see houses at a moment’s notice. Make sure you have an agent who can respond quickly and get you in the door. We use teams to make sure we always have coverage.
Get a Buyer’s agent – should have mentioned this sooner. They can coach you and be there for you and represent YOU through the process. Buyers should avoid using the same agent as the seller (DUAL AGENT) because the agent then represents NEITHER YOU NOR THE SELLER (I am shouting because you need to have YOUR agent represent you and not the one who is already working for the seller).
Most of all you should have a good time, this is an exciting time for you in hour house sale or house hunting.
All statistics courtesy Allegheny Highlands Association of Realtors Multiple Listing Service.