Realtor.com Published Our Advice in One of Their Recent Articles
Dallas Fort Worth real estate news, local home price trends, statistics, and profitable insights written by Chandler Crouch Realtors.
A new independent study by Collateral Analytics shows that Realtors are indeed worth their commission, generally speaking.
The study concludes that successful "For Sale By Owner" (FSBO) sellers achieve prices significantly below those from similar properties sold by a Realtor. The study does not take into account sales that were first attempted as FSBO then switched to a Realtor due to an unsuccessful FSBO attempt.
Something that doesn't appear to be taken into consideration by the study is the extra benefit of having someone deal with contracts, negotiate, and field dozens of interactions with inspectors, title company, lender, and the opposing party to the transaction. It's important to acknowledge that not every agent provides a service as valuable as what they charge, however, they do on average. This means that if you do your homework and hire an above average agent, you are likely to get a better than average return on your money hiring a Realtor.
Several cities were studied. The conclusions were the same in every location. See below for the graph showing the findings of the Pheonix area study.
The study can be seen in its entirety here: http://collateralanalytics.com/saving-real-estate-commissions-at-any-price/
Exciting times at Chandler Crouch Realtors! We've been featured in a number of recent stories via local news outlets. We're happy to be in a position to help so many people.
Lauren Zakalik with WFAA Channel 8 interviewed Chandler on May 17th about the tax increases in Tarrant County, and what Chandler Crouch Realtors is doing to help the local community. You can read that story in its entirety and watch Chandler's interview with Lauren by clicking here.
When some folks found out that their homestead exemptions dropped from their TAD appraisal without warning, CBS's Jason Allen stepped in to help get the story out. Click here to read more and watch Chandler's interview.
In a follow up to WFAA's story on what Chandler Crouch Realtors is doing to help out local homeowners, Jason Wheeler invited Chandler to do a live interview on WFAA Channel 8 to discuss what homeowners should do to get their taxes lowered. To view that video, click here and scroll to the bottom of the page, and play the last video on the page titled "Is it worth it: How to fight your property taxes assessment."
We're thrilled to be able to provide a service like this to our local community!
Click the easy button and finish your protest in 2 minutes for free. Provide your PIN number and contact info, then let us do the rest, all for FREE! Take 2 minutes and submit your protest order here.
Since releasing the video, we have helped hundreds of homeowners and saved hundreds of thousands of dollars... all for FREE! Not only that, we were able to figure out the formula that TAD is using. Now, we're helping people get, what we believe to be, is the lowest possible value. Click here to see how low we can protest your value!
Step 1. Complete the form to see how low we can protest your value.
Step 2. If you are not satisfied with your value and you would like to proceed with the informal in-person protest, we will provide free comps and a strategic plan to win.
We're not selling anything, we're just serving.
I was completely shocked and honored to see this.
This company does a 50 point inspection reviewing customer reviews, history, complaints, ratings, satisfaction, trust, and cost to find the best practitioners in an industry. They selected US!!! Chandler Crouch Reatlors is in the TOP 3 Realtors in Fort Worth! I just have to say thank you to the best clients on earth and thank you to the best team on earth!!! I feel humbled and honored.
There is quite a controversy surrounding a proposed 27 acre, 35 court private Birth Tennis Club at Rocky Top Ranch built by Taylor Dent will include two large bubble domes to provide a weather proof tennis facility for its members.
The proposed development will be located in Keller near Johnson and Keller Smithfield Road.
Opposition was so strong that the Keller City Council is now required to have a super majority (6 out of 7 votes) to approve the project.
The entire opposition of the Keller Bubble seems to be about property values. Will this create enough of an eye sore to detour people from buying houses in the area?
In real estate the way we value residential property is through a “sales comparison approach.” We look at previous sales of properties that compare ("comps") with the subject property. That's all you have to do in this situation.
Only 2 large bubble-like structures come to mind.
Comparable Example 1:
Valley Ranch Dallas Cowboys inflatable structure built 2003 (same one that collapsed in 2009):
Median Sales price in 2003: $190k
Median Sales price today: $415k
Comparable Example 2:
The dome in Argyle TX for Cross Timbers Church built approx 2003
Median Sales price in 2003: : $255k
Median Sales price today: $452k
Compare that with the entire Dallas Fort Worth metroplex:
A couple things to note:
It’s impossible to isolate the 1 variable of installing an inflatable dome. Many other factors affect market value. I just think if you compare enough of these markets, you’ll be able to know whether or not installing an inflatable structure correlates with reduced increase in property values. Causation is different than correlation, but its the best we’ve got.
Every inflatable structure is different. Valley Ranch was significantly more attractive than Cross Timbers. Distance and proximity of residential housing to the inflatable structure may also matter.
Another thing, you just aren’t going to find a private tennis club in a low-class area. There is a status appeal to living near something like this. My hypothesis is that putting the inflatable structures closer to the interior of their 26 acre lot would be sufficient to mitigate any negative effect on property values.
There are also many different types of inflatable structure products. Requiring a more attractive version may be in both parties best interest.
I'm not for or against the project. I'm 100% for the community. I just think if both sides work together, the community will benefit greatly. There's bound to be a middle ground in the situation.
If you’re interested in learning more about the real estate market, check out this market analysis I recently did for North Fort Worth area.
If you have questions about the Dome or its effect on local property values, please feel free to contact me.
Chandler Crouch, Broker / Owner
If you're thinking about buying or selling a home, it would be smart to do your homework and make the best decision you can for your finances.
Any real estate transaction you have is going to be among the largest financial transactions of your entire life. The funny thing is, some people actually put more time into thining about what they're going to have for dinner than they do about planning to enter the real estate transaction with a smart financial plan.
There are plenty of financial advisors that will give you advice on how to buy a house. From Suze Orman, Clark Howard, David Bach, Robert Kiyosake, to Dave Ramsey. Everybody has an opinion.
I've studied them all. These people are full of wisdom. I tend to think, if you are the kind of person that is going to research and submit yourself to the authroity of a set of guiding principles, you're going to probably be ok no matter who you listen to. The folks that really get themselves into trouble are the ones that don't seek any kind of guidance whatsoever.
With that being said, I am quite partial to Dave Ramsey. He teaches based on Biblical principles, which is important to me, and he just doesn't give advice that is questionable. He is very conservative, and for this reason, it's difficult to fault him for anything except being too conservative. I'm ok with this.
In December 2007 I found myself in a position, as a result of paying a LOT of dummy tax, in debt up to $300,000, much of which was revolving credit (business unsecured lines of credit). It is only because of adhearing to the principles that Dave Ramsey teaches that I can now say I'm on baby step #7 and I'm DEEEEEEEEEEEEEBBBT FREEEEEEEEEEEEEE!!! (he features callers on his radio show yelling "I'm debt free." That was my version of yelling in text).
Where to begin? The best first step would be to just call my office. There is far too much to share on a blog post. We can tailer a plan of action according to Dave's principles as demanded by your specific uniqe situation. Our number is 817-381-3800 or email at firstname.lastname@example.org
If you'd like to self study, these are good resources to begin with:
You’ve got plenty of options when it comes to financing the purchase of your home. Dave doesn’t recommend most of them, but it’s a good idea to know what’s out there and why you need to avoid some of the more popular mortgage options.
Building a new future with money is a lot like building a home. You don't add the roof until you've finished framing, and you don't frame until the foundation is secure. Dave Ramsey's Baby Steps are designed to help you out of debt and stress and into a life of saving and giving. We're all in different places with money. Start right where you are and get where you want to be. Know-how is 20% of the equation. Behavior change and self-discipline make up the other 80%. You can do it! Just follow the steps.
The first step in taking control of your money is to create some cushion between you and life's little emergencies. Start by getting $1,000 in savings. It's easier than you think, and it's absolutely worth it.
Most people can do it in a month or less, and these tools can help you get started.
Your first step will be to make a plan on what to do with your current house. We specialize in helping seniors. Contact us for a free home valuation and to map out the best strategic plan to maximize your return and have a smooth hassle free transition into housing that fits your needs 817-381-3800 email@example.com
The term "Senior Housing" is really too broad to accurately describe exactly what you're looking for. If you are uncertain about exactly what kind of housing you need, please scroll down to see "What is Senior Housing."
However, when people ask me about Senior Housing, they are usually looking for a retirement community or housing that specifically caters to senior citizens offering additional amenities, socialization opportunities, and a cruise-like atmosphere. One of the best 55+ housing developments I've ever seen is Robson Ranch. This is a master-planned active adult community with clubs, classes, and social opportunities like no place I've ever seen.
Villas of Stone Glen is another housing development in Keller Texas that is 55+ restricted. Developed by Epcon Communities, the neighborhood will host 115 single family homes from 1607-2000sqft. Amenities include a 3000sqft clubhouse with exercise room, multipurpose event room, media area, and kitchen. Year built construction dates range from 2013-Present and house prices range from the low $300's to mid $400's. If you would like a tour of the premesis or to view the interior of any homes, please give us a call at 817-381-3800.
If you are more interested in leasing, take a look at this list of local apartments and additional housing options at a more affordable price:
The first step is to accurately define exactly what you're looking for. After you do this, the search gets easier.
Obviously, some of these are housing situations you probably wouldn't choose for yourself (eg Alzheimer care). This information might be helpful for someone trying to care for an aging parent. If you are looking at this for personal needs, the more education we have about different types of living situations, the better we can accurately communicate our future wishes and desires to our loved ones that may be helping care for us in the future. Doing a little homework in advance is an incredibly loving and generous gift you can give to those that you may depend on at some point.
Here is a list of different kinds of Senior Housing terms and what they mean:
Call us today to get help on mapping out a plan on what to do with your current house. We specialise in helping seniors. Contact us for a free home valuation and to map out the best strategic plan to maximize your return and have a smooth hassle free transition into housing that fits your needs 817-381-3800 firstname.lastname@example.org
Brick Mortar Crack Repair
If you're selling your home and have a crack in your brick, buyers will assume the worst and go buy another house. They don't assume they can fix the issue. They just move on. This can cost you thousands.
What to Buy
Use pre-mixed sanded tile grout, not mortar repair. Mortar repair usually has only 3 different color options. Sanded tile grout usually offers 20+ color options, which allows you to color match to near perfection. Also, sanded tile grout is suitable for swimming pools, showers, and exterior uses because it is highly weather resistant, and the texture is virtually identical. Brand doesn’t matter much. Any home improvement store will have a nice selection, however each store will carry different color selections due to available inventory.
They come in quart or gallon size buckets. Get quart size. See the image below for colors we have found work well on most homes. The colors below with arrows are ones that work well on most homes. Purchase a few good colors. The biggest time waste is driving to the store. If you see all the ones I marked, buy them all. If you don’t see them all but you see something else that looks close (linen, earth, or another), by all means grab it too. Home Depot and Lowes have excellent return policies.
Put your artist hat on. Get an empty shallow sturdy container to serve as your palette. Scoop a spoonful of a brownish color and grey color onto the palette. Next mix the colors together in portions that would help you achieve the best match. Keep mixing the colors until it matches to 80% perfection. The color will appear slightly different after it has dried. Effective blending will mitigate any color match imperfections.
Next, begin a test area by finding an inconspicuous area of the house, dip your finger in the mixed solution then run it along the mortar area (between the bricks). If you have several cracks, you may need gloves.
As you drag your finger down the mortar line, the mix will naturally taper off and blend really well with the existing mortar color.
Cracks Running Through the Middle of a Brick
Most of the time the thing that makes a crack stand out is the shadow inside the crack. If there is a small crack in the brick, fill the crack with a very small amount of the mortar solution. Just use a minimal amount so its not caked on. Then wipe off any excess. It’s always best to test a little area to see how it looks before covering a large area. Keep in mind, you know where the cracks were before you attempted to fix them, so you’ll always know exactly where to look to find the patch job. Someone that didn’t know where the crack was before your repair job likely won’t be able to find the repaired area if you did a good job matching colors and blending.
The market in North Texas is hot.
Watch this video for an complete market update: