Monthly Facts and Boise Market Trends

Posted by: admin  :  Category: Boise Market Trends, Buying Boise Homes, Housing Market, Local Boise Market Update, Market conditions, Market Trends, Market Updates, Selling Boise Homes, Selling Homes

It’s now officially fall, and the kids are back in school. Have I missed the window for selling my home?

Before waiting another entire year to sell, consider this: August 2015 inventory was down 15.5 percent from last year, and there were 1,279 homes pending sales in August 2015 (up 40.4 percent from the same time last year)—meaning the demand is there.

According to Brenda Kolsen, 2015 President of the Ada County Association of REALTORS®, this decrease in supply and increasing demand “was the reason that many buyers and sellers found themselves in multiple offer situations over the summer.”

Also worth noting is that the current month’s supply metric reflects buyer demand. A typical balanced market is between four to six months of supply. However, this August’s supply metric was down 28.9 percent from last year. For sellers who are still looking to sell in 2015, this is all good news—made better by a median sales price increase of 4.8 percent over last year.

Here’s a closer look at the numbers in our latest monthly market trend indicators update:

Upward Market TrendsTrending Up

  • 837 homes sold in August 2015 (up 12.4% from August 2014)
  • $229,500 median home price (up 4.8% from last August)
  • 1,279 pending home sales (a 40.4% increase from August 2014)
  • 837 closed sales (up 12.4% from last August)

Arrown indicating downward market trends in Boise's housing marketTrending Down

  • 2,504 homes of available inventory (down 15.5% from last August)
  • 2.7 months supply (a 28.9% decrease since August 2014)
  • 45 days on market (down 15.1% from last August)

It’s still an ideal time for house-hunting, too—especially with the inevitable dip in purchase activity that occurs around this time every year. In fact, a recent realtor.com article suggested, “September could be the best month all year to sign a contract to buy a home.”

Since our seasonal peak of 2,512 homes for sale (in June 2015), this number has held steady through the summer, meaning that buyers—especially those considering new construction or homes above $400,000—still have plenty of homes to choose from, and with less competition.

And, given the fact that interest rates remain at near historic lows, the market looks favorable for just about everyone this season. We’d be happy to meet with you to discuss your situation and review the options available to you.

Your Boise Market Trend Experts

Summer’s Last Hurrah: 8 Ways to End the Season in Style

Posted by: admin  :  Category: Community, Community Updates

The kids have headed back to school, the Western Idaho Fair has ended, and Alive After Five won’t be back until next year. Summer days are behind us, right? Not so fast! It’s still technically summer, and there are still a lot of fun outdoor events in the Treasure Valley in the weeks ahead. Here are seven ways we plan on making the most of the warm months that remain.

Markets, Festivals, and Fairs

The Capital City Public Market (held on 8thStreet) is open Saturdays through December 19thand the Boise Farmers Market (located at 10thand Grove) is also still going strong. What better way to keep your fridge stocked with farm-fresh goodies—all while reveling in the lingering warmth of summer mornings?

vegetables for sale at an outdoor market

Saturday markets are the quintessential end-of-summer activity.

The Hyde Park Street Fair, which hosts vendors and artisans from all over the west, is an annual fundraising event held in Boise’s Camel’s Back Park. This year’s festivities (which take place September 18-20) promise live music, kids’ activities, and exotic foods, beer, and—our personal favorite—a wine garden.

Get Outta Town

If you’re feeling adventurous and would like to get out of Boise proper for an off-the-beaten-path excursion, here are a few ideas.

mountain biker riding on trail near rocks

Bogus Basin Mountain Resort is a mecca for outdoor activities—even during the summer and fall months.

In answer to recent years of disappointing snowfall, Bogus Basin Mountain Recreation Area has offered an impressive line-up of outdoor events for mountain bikers, yogis, frolfers (Frisbee golfers), and music lovers. In the months to come, there will still be more live music on the grounds, but Bogus has also teamed up with Treefort Music Fest to feature a fall edition of Alefort. Check out an updated events listing here.

Outdoor Movies

Whether you’re looking to take the family to a movie under the stars or you’re jonesin’ for or a kid-free flick, experiencing the silver screen via an outdoor screen is more popular than ever.

If you (or the kids) have never been to a drive-in movie, Parma Motor-Vu (in business since 1953!) holds screenings of recently released films every weekend throughout the summer, and is open Friday and Saturday through the fall.

Typically geared toward night owls and grown-ups, Movie Mondays at Saint Lawrence Gridiron are a great way to experience Southern-inspired fare at late-night happy hour prices, all while watching popular films from their outdoor patio. SLG hopes to continue showing movies through October, but stay tuned to their Facebook page for updates.

Live and Local: Musical Venues Not to Miss

For a memorable afternoon of beautiful views and good tunes, the Ste. Chapelle Concert Series features musical performances, on-site catered lunch, and beer and wine at the venue’s scenic Vineyard Park. While it’s a bit of a jaunt out of town, the experience is worth the drive. Concerts run every Sunday through September 20th. Visit the Ste. Chapelle Winery’s website for updates.

One of Boise’s most ambient patios is the setting for live music from local legends all summer long. The Sandbar (located at the Riverside Hotel, right off the Boise Greenbelt) is open for the season until early October (the 4th, according to the website). Find more information about their schedule and the food and drink menu on the Riverside’s website. 

cup between knees looking over audience at an outdoor performance

Outdoor performances at the Idaho Shakespeare Festival are a summertime must-do.

Last but not least, if you haven’t yet experienced the magic of the Idaho Shakespeare Festival, be sure to catch this season’s last performance of the world’s longest running musical: The Fantasticks. (The show runs through September 27th.)

The Capital City Public Market (held on 8th Street) is open Saturdays through December 19th and the Boise Farmers Market (located at 10th and Grove) is also still going strong. What better way to keep your fridge stocked with farm-fresh goodies—all while reveling in the lingering warmth of summer mornings?

Monthly Facts and Boise Market Trends

Posted by: admin  :  Category: Boise Market Trends, Buying Boise Homes, Housing Market, Idaho Real Estate Price Trends, Local Boise Market Update, Local Boise Price Charts, Market Trends, Market Updates, Real Estate & Housing, Selling Boise Homes, Selling Homes

Monthly Facts and Boise Market Trends

In June, nationwide home sales were at their highest in eight years. What do I need to know about the Ada County market? 

An increase in home sales typically occurs in spring and continuing through June and July. Even so, Brenda Kolsen, 2015 President of the Ada County Association of REALTORS®, acknowledges this year’s whopping 36.1% increase over June 2014 as an “enormous amount of activity” in Ada County.

And our community isn’t alone: according to the National Association of Realtors, existing-home sales nationwide increased in June “to their highest pace” in over eight years.

Job growth, population increases, and improved consumer confidence scores may very well be factors, at least in the Treasure Valley. Consider the following statistics:

  • Both statewide and Ada County’s population increased from April 2010 to July 2014 (up 4.3% and 8.6.%, respectively) according to U.S. Census Bureau data
  • These increases include buyers from California, Washington, and Oregon, many of which are professionals and retirees who are able to purchase at higher price points
  • The Idaho Department of Labor reported a 2.5% growth in jobs in May 2015
  • The Conference Board Conusmer Confidence Index® increased from 94.6 in May to 101.4 in June

This statistical data indicates that, as job stability increases and consumer confidence scores improve, people aren’t just more comfortable buying a home, they are also financially capable of spending a bit more.

Here’s a closer look at what’s up and what’s down in my latest monthly market trend indicators update.

Housing Market Trends and Indicators

Upward Market TrendsTrending up

  • 1,028 homes sold in June 2015 (up 26.1% from last June)
  • $230,000 median home price (up 6.0% from last June)
  • $279.5 million total volume of single-family home sales (a 36.1% increase from last June, and a 17.9% increase over May 2015)

Arrown indicating downward market trends in Boise's housing marketTrending down

  • $296,900 new home price (down 1.4% from last May)
  • 3% of homes sold were distressed properties (REOs and short sales), down 50% from last year
  • 42 days on market (down 5 days from than last June, a decrease of 36.2%)
Static Boise real estate market trendsTrending Consistently
  • 2.6 months available inventory (even with last year—inventory was at 2.1 months for existing homes and 4.29 months for new construction in June 2015)

While it may presently be a seller’s market, it’s important to remember that, if you’re listing your home, it won’t sell itself. Sellers should seriously consider home staging and the overall first impression they present to potential buyers. Also, many factors should affect your initial listing amount, and sellers should be cautious about overpricing. Home buyers need not be deterred by the high demand, either, rates are still at historically low levels, which still presents an ideal financial opportunity.

We’d be happy to meet with you to review your situation and discuss the possibilities.

Your Boise Market Trend Experts

Is Your Home Watertight? 9 Tips for Preventing Water Damage

Posted by: admin  :  Category: Boise River Community, Buying Boise Homes, Home Knowledge, New Home Maintenance

“Nothing is softer or more flexible than water, yet nothing can resist it.” –Lao Tzu

As nature shows us—in the dramatically formed glacial valleys and deeply carved canyons throughout the world—water carries with it life, beauty, and renewal; but also a strength more powerful than stone.

And anyone who has experienced losses to home or property due to water damage will agree: H20 is a force to be reckoned with, due to the severity of and the expenses related to such a loss.

In addition to the water damage itself, even a tiny leak means water bill spikes (a single faucet that drips once per minute wastes up to 34 gallons per year, according to the U.S. Geological Survey), and potential for dangerous mold growth.

And this is a common problem. According to some estimates, 98 percent of basements in the U.S. will suffer from some type of water damage during their lifetime. (See infographic below.)

The Insurance Information Institute also cites “water damage and freezing” as the third most common cause of homeowner loss/property damage in the U.S. during a five-year period from 2009 to 2013, and claims related to “water damage and freezing” were the second most frequent to be filed with insurance companies.

Unfortunately, however, many standard home insurance (also called fire insurance) policies don’t provide coverage for damage caused by water-related events (flooding, overflowing sewer lines, etc.).* While the Treasure Valley rarely experiences widespread flooding, even localized water losses (pipe bursts, leaks, etc.) are often not covered. And flood insurance policies are often very expensive. So what’s a homeowner to do?

For starters, many types of water damage are preventable. We recommend taking the following steps to protect your home and property.

Watertight to-dos:

  • Keep an eye on your water bill. Sudden increases may indicate a water leak.
  • Seal foundation cracks.
  • Check coal shoots (in older homes) for standing water.
  • Caulk around tubs, sinks, and linoleum on bathroom and kitchen floors.
  • Put a pan under your hot water heater and outlet pipe.
  • Consider purchasing a water alarm, which is designed to detect leaks before costly water damage occurs.
  • Check the water supply line to your refrigerator for leaks. (This is a very common cause of water damage, as these leaks often go undetected for days, weeks, or longer.)
  • Consider turning off your water before going on vacation.
  • Check under your sinks regularly, running water for several minutes into each drain, then feeling the pipes beneath sinks for leaks.

*Note: We recommend contacting your licensed insurance agent to see a standard exclusion, such as flooding and infiltration due to rain/weather or even overflowing sewer lines.

Image courtesy of waterdamagedefense.com

Sincerely,

Your local Boise real estate resources

Storytime with Shana and Sherri

Posted by: admin  :  Category: Buying Boise Homes, Home Staging

 

Sincerely,

Shana Moore and Sherri B

Your local Boise real estate resources

 

Monthly Facts and Boise Market Trends

Posted by: admin  :  Category: Boise Market Trends, Housing Market, Idaho Real Estate Price Trends, Local Boise Market Update, Local Boise Price Charts, Market Trends, Market Updates, Real Estate & Housing, Selling Boise Homes

Monthly Facts and Boise Market Trends

Are you sure it’s a buyer’s market? It seems like there have been fewer homes available.

Despite nationwide trends—decreases in home price and a lack of homes for sale in many markets—the situation is by no means bleak, especially in Ada County. In fact, we differ in one key area: new construction.

According to the Building Contractors Association of Southwestern Idaho, there was a 10% increase in residential new construction permits in April. This presents a great opportunity for move-up buyers.

Also, there’s more to the local housing market than meets the eye.

“Throughout the spring market, we saw some buyers getting frustrated with the lack of inventory available, especially in the lower price points. But many owners weren’t ready to list because they didn’t want to be competing for homes, once theirs sold,” reports ACAR.

Here’s a closer look at what’s up and down in my latest monthly market trend indicators update.

Housing Market Trends and Indicators

Upward Market TrendsTrending up

  • 901 homes sold in May 2015 (up 14.5% from last May)
  • $229,000 median home price (up 9.6% from last May)
  • 49 days on market (2 days longer than last May), and 92 days on market for new construction (up from 76 days last May)

Arrown indicating downward market trends in Boise's housing marketTrending down

  • $296,900 new home price (down 1.4% from last May)
  • 3% of homes sold were distressed properties (REOs and short sales), down 50% from last year
  • 2.8 months available inventory (down 9.7% from last year)
  • 5.9 months of new construction supply (a decrease from last year, but still higher than 2.2 months of inventory for existing homes)

If your family has grown or you’ve been considering more spacious housing options for other reasons, it’s a great time to do so. There are homes available, especially new construction and properties at higher price points. Also, rates are still at historically low levels, which presents an ideal financial opportunity for home buyers.

We’d be happy to meet with you to review your situation and discuss the possibilities.

Your Boise Market Trend Experts

How Does Your Garden Grow? Local Planting/Harvesting Resources

Posted by: admin  :  Category: Community, Moving in Idaho, Woman Cave

City of Trees, Garden City—with monikers like that, it’s no surprise that Boise is home to an increasing number of community gardens, CSAs, and a bevy of professional growers.

baby tomatoes in palm

But thanks to the area’s nutrient-rich clay soil (along with a little extra composting and care, of course), even home-based gardeners can successfully grow produce in their own backyards/plots.

It’s not too late to get started, either. End of May/early June is a great time to transplant tomatoes, eggplant, peppers, tomatillos, ground cherries, melons, squash, cucumbers, and flowers, since the danger of frost has passed. It’s also the ideal opportunity to direct seed corn, beans squash, and flowers. (See the Old Farmer’s Almanac’s 2015 Best Planting Dates Calendar for Boise.)

Once you’ve selected your desired plants, it’s helpful to create a garden plan. The Old Farmer’s Almanac website offers an online garden planner (or a handy app for iOs devices) to help you map out where everything should go to best optimize your available space.

Next, it’s time to get planting. Here is a list of local resources for seeds, plant starts, and places to go for general advice on planting and cultivation:

plants in a bag

The farmer’s market can be a great place to find plant starts.

However, despite having access to the resources above, you may feel your thumb is less than green. Or if you lack space, time, or are too intimidated to plant and cultivate your own garden, consider volunteering at (or donating to) a local community garden. Many also offer CSA programs. There are many local growers who would welcome the support (find a comprehensive list here or view a full list of refugee gardens), but these are some of our favorites:

Jordan Street Garden Boise

Founded in 2009, the Jordan Street Garden is an urban refugee garden bridging cultural barriers in North Boise.

Want to get the kids involved? Boise Urban Garden School (BUGS) affords students ages 6 to 15 the opportunity to learn the ABCs of growing and cultivation—all in an organic garden setting, in the kitchen, or at the farm stand.

Sincerely,

Shana Moore & Sherri B

Your local Boise real estate resources

 

On Stage -A Field Guide to Selling

Posted by: admin  :  Category: Home Staging, Real Estate & Housing, Selling Boise Homes, Selling Homes, Staging

What can you do to prepare a house for sale?

“Banish the clutter! Trim the bushes! Hide your Star Wars collection! Take down the family pictures!  Here are tips, hints, thoughts and ideas for sprucing up, cleaning out, decorating, staging, creating a great first impression and making a house appealing to buyers.” (A. Siudzinski, Senior Library Information Specialist)

  • Put trash bins out of site
  • De-clutter and create clean surface areas
  • Remove personal items
  • Freshen up that landscape and maximize your first impressions
  • Clean the windows (wow- what a difference that makes)
  • Make sure all light bulbs are working (including the one above the stove)

The same advice would apply to preparing your home for the professional photos that we include as part of the sale process. A full article with links to additional staging stats and stories can be found here at this link, compliments of the National Association of Realtors. Here’s one reason NOT to bother reading too deeply on this topic…. you may not have to! We’ll walk you through ways to make the best impressions and get the best price for your home.

We’ll take care of staging for you!

The team at Buy-Boise Real Estate Group has the equivalent of a secret weapon, when it comes to staging a house for sale. Her name is Gale. We bring her in to help advise you on which personal effects to remove or move. She’ll shift around your own furniture in ways that might make you want to stay. Yes, she makes it look THAT good!

We’ve seen it make a difference. A house without staging requires imagination to generate the “wow” response that a nicely staged house can generate on its own.

Gale Napier, Home Staging Specialist Photo

Gale is Buy-Boise’s home staging specialist of choice. We bring her in before the photographer and then wow our clients as well as the buyers shopping for a home in Boise.

If you’re considering having an agent sell your single family home, don’t hesitate to ask about the finer points of the marketing and sales preparation. These points are:

  • Professional photography
  • Professional staging
  • Helping you “prepare for the parade”

Preparing for the parade

Preparing for the parade is sometimes simply cleaning, carpet cleaning and doing an exterior cleanup to enhance the curb appeal. Other times, there’s painting or repairing to do. See the bottom half of my home-selling secrets blog for more about the parade, and why it’s important to impress, if you and I haven’t already talked about it one-one yet.  http://fosterboise.com/home-selling-secrets

“You will be surprised at how much larger your kitchen will feel and look once you remove extraneous items. Use this same technique to clear off your major appliances and wipe them down clean to reveal their controls and finish,” as divulged on  Realtybiznews.
A neat, clean and staged kitchen makes a difference.

 

Next Step – Pro Photos (We take care of that too)

The photos are an extremely important part of your listing. That’s why we professionally stage first, and hire professional photography next. People do a lot of “window shopping” through the windows on their computers these days, and if those photos don’t look good, your listing won’t make the cut when it comes to setting up a buyer’s tour and viewing potential properties with their agent. Notice how all the lights are on in the photo above-  including those above the stove and below the cabinetes. Lighting is the most important element in photos.

HOT TIP FOR BUYERS! If you see a listing that might appear better in person than on the listing due to mediocre photos but great specs, add it to your tour and check it out in person. In this market, the reduction of competition helps (sellers with bad photos are accidentally weeding out your competition for you).

Thanks for reading!

Sincerely,

Shana Moore, Your Local Boise Real Estate Professional and source of real estate market trends in Boise Idaho &Sherri Battazzo Boise

 

Boise to Celebrate National Bike Month (and Beyond)—in Style

Posted by: admin  :  Category: Community, Community Updates

“The City of Trees” is a moniker often used to describe our capital city, but Boise is known just as well for our community’s bike-centric lifestyle.

Here, cycling is not just a means of recreation, it’s a way of life. Whether you see roadies in spandex shorts, BMXers riding dirt jumps at Eagle Bike Park, mountain bikers navigating technical terrain amidst the trees near Bogus Basin, or laid-back cruisers on the Greenbelt (this last one might be me), our town lives and breathes BIKES.

And Boise is about to get even more bike-friendly.

Boise Bike Share bicycle

A sneak peek of Boise GreenBike equipment. Image: Boise Weekly

You’ve likely heard rumors about a bike-sharing program soon to launch in the Downtown area. Well, it’s on. Boise GreenBike introduced the first eight bikes Wednesday, April 15th, with the full 115 bike roll-out hitting the streets on Earth Day – April 22nd!  Visit Boise GreenBike online for more information on how it works and how to become a member. If you’d like to find the bikes, but aren’t yet sure where to look, there’s an ap for that: Social Bicycles Inc.

Boise’s bike sharing program will likely have it’s official start just in time for Boise Bike Week, which takes place May 9th through the 16th.

In fact, the entire month of May is celebrated annually as National Bike Month. And Boise, being the velo-hub that it is, will be host to several events dedicated to all things cycling. Years past have seen parties; a “Pedal Power Parade”; group rides for all types of cyclists (mountain, roadies, and casual riders); and more. Also, don’t forget: Bike to Work Day is Friday, May 16th. (Visit boisebikeweek.org for a full schedule of events.)

If you’re looking to incorporate more bike-related activities into your summer schedule, there is plenty happening post-bike-week, too. After all, Boise is the quintessential cycling community, and several non-profit organizations exist for the sole purpose of cultivating this culture in the Treasure Valley.

Boise Bicycle Project headquarters

Boise Bicycle Project headquarters. Image: BBP

For starters, if you’re looking to meet other cyclists in a casual setting, the BBP holds a social ride the first Friday evening of the month (May 1st is the date of the next ride). The group typically convenes at BBP headquarters, then rides to a predetermined destination, usually for beers and dinner.

This June, the BBP will again hold Pedal for the People, Boise’s ten-day community bicycle festival. Also coming up: the BBP is proposing to transform Boise into “the bicycle capital of America” for 24 hours beginning on May 7th. (For more information about this endeavor as well as other BBP-related events, follow them on Facebook or view their online calendar.)

man using tool on trail

Trail maintenance efforts keep the foothills in good shape. Image: SWIMBA

If dirt trails, hill climbs, and steep descents are more your style, the Southwest Idaho Mountain Biking Association (SWIMBA) has group rides planned all summer, as well as skills and maintenance classes, and trail work days, when volunteers can sign up to help build and maintain trails throughout the Treasure Valley and all of Southwest Idaho. Visit SWIMBA’s event schedule for more information.

hundreds of bikes on grass

Tour de Fat, Boise’s summer spectacular. Image: SWIMBA

Lastly, don’t forget New Belgium’s Tour de Fat, by far Boise’s biggest and most spectacular bike-related event. Riders—in lavish and deliberately laughable costumes—begin the day with a parade throughout the streets of Downtown Boise. Then, the crowd descends upon Ann Morrison Park for food and beer, contests, live music, and more. Last year, the Boise event raised more funds than ever before—about $70,000—all of which benefited the local biking community. This year’s event is scheduled for August 18th, and is not to be missed.

So tune up those bikes and get ready for a breezy ride in Boise this summer, because there’s  something fun—on two wheels—for everyone!

Sincerely,

Shana Moore, Your Local Boise Real Estate Professional and source of real estate market trends in Boise IdahoSherri Battazzo Boise

 

Your local Boise real estate resources

 

To Sell it Yourself . . .or Not

Posted by: admin  :  Category: Buying Boise Homes, Home Knowledge, Housing Market, Real Estate, Real Estate & Housing, Selling Boise Homes, Selling Homes

Selling Your Home on Your Own. . . To “DIY or Die Trying”?

“We thought we didn’t need realtors to help sell our house because we found our own buyer. Now, after listening to you go over our contract to purchase, we don’t feel like we protected ourselves on our sale. I guess we didn’t realize that was an important part of the process, and now, we wish we had hired an agent to protect us as sellers.” —Phil and Kelly Owens, For-Sale-By-Owners sellers turned Buy-Boise represented buyers.

There are homeowners who decide they’re ready to try buying or selling on their own. We recommend evaluating all the pros and cons of such a significant decision first. Confidence may be brought by increased access to information offered by the internet, or the “seller’s market” we’re in.

Do-it-yourself or DIY sellers would be right to declare that it’s not rocket science and no single step is too large to tackle. In a seller’s market, there also may be more room for error (assuming more sellers than buyers go off on their own).

 Some of these stories unfold with success, and some with the worst kind of losses (or the best, depending on how you look at it)… the unknown losses.

 There’s also more to a deal than the average person knows, if they’ve worked with agents in the past. Every deal includes a variety of terms and deadlines that experienced agents should have down pat, based on  sheer number of deals completed, continuous education and their consistent immersion in the intricacies of the market.

 I’m in the service industry and identify myself as a representative of and advocate for my client and not a commission-chaser, so this topic is a tricky one for me to try tackle, yet an irresponsible one for me to ignore. I’ve seen successful realtor-free transactions, but then hid my cringe at some of the terms in other seemingly “successful” transactions. The lesson here – sometimes it works. With my clients, it’s my job and responsibility to ensure that its’ not only going to work, but also work well, and in the best interest of my client. I also strive to make sure we’re worth our weight in gold, in terms of the value we provide.

Here are a ten reminders of what we do, with worthwhile considerations if you’re contemplating going at it alone on one of the biggest transactions life tends to bring:

  1. Value. We provide service in a way that it brings as much value to the client as possible. In some cases we simply try to earn it, in other scenarios, our service pays for itself. We’re skilled, conscientious and working hard on your behalf. We’re also well aware that not all Realtors can say the same and that’s disappointing.
  2. Zillow data is not known for accuracy.  Sites like Zillow and trulia are helpful for buyers to online shop, but fall short in terms of accuracy, because the information is derived purely from public records, like your tax assessment, because that information is made available for free, compared to a paid-for membership site like the invaluable offering that agents participate in, that is the multiple listing service.  Zillow’s prized ’Zestimate’ is based  soley on a flat formula (an algorithm) that does not take into account the how the desirability of certain parts of town or highly sought-after school districts substantially impact property value. If it were that easy to price property or determine value, tax assessed values would measure more closely to market values, and they don’t. Sure, give it a look, knowing it’s not your substitute for real-time MLS updates on market activity, agent-provided analysis, and the specific knowledge of an industry expert who can point out these subjective factors that impact pricing in the marketplace.
  3. Price isn’t the only term in a contract. It can be nice to have someone on your side, who has expertise at screening offers, avoiding unfavorable terms and helping you land as closely as possible to your target (with less trial and error). That said, hopefully a realtor helps you get the full fair market value.
  4. Not all buyers are equal. At one glance at a contract, an experienced agent can see a story starting to unfold, and help you respond or negotiate accordingly.
  5. Finding a Buyer isn’t the Hardest Part - it is one item, of many important things to take care of in the sale.
  6. A good deal is a good deal for everyone. Agents are obligated by ethics to play nicely and Sherri and I take that obligation seriously. We act in the best interest of our client to get them a good deal, without alienating the other party, or making them feel like they are not getting a good deal.
  7. Knowledge first. Negotiations second. We know the market, the contracts, the ins and outs, what’s fair and what’s attainable and can counsel clients on the pros and cons of aggressive versus attractive pricing. We help sellers choose a price that will set them up for success.  We’ll advise on practical preparations and have saved many clients from spending too much money on unnecessary home repairs (carpet cleaning versus carpet replacement). We’ve also saved clients from putting their house on the market before it was ready to attract the most amount of attention possible.
  8. Recommendations. If you’ve worked with us, you’ve heard me discuss the value of a home inspection, the importance of a quality, local lender who can get us to the closing table on time and reminded about items worth of discussion with an accountant, attorney or the county (e.g. the homeowners exemption office). You’ve also likely been provided the names of providers we trust from experience.
  9. Connections. This includes, but is not limited to the 3,000 realtors exposed to listings on the MLS.
  10. Ease. We watch the contingencies, manage the deadlines and escort you all the way to the closing table. 

Thanks for reading! As always, don’t hesitate to contact us with any questions you may have!

Sincerely,

Shana Moore, Your Local Boise Real Estate Professional and source of real estate market trends in Boise IdahoSherri Battazzo Signature

Shana Moore & Sherri B

Your Boise Market Trend Experts