The Jared Zimmer REMAX Properties Blog

 

April 17, 2018

Great Home Maintenance Tips For The Warmer Months Ahead

 Great Home Maintenance Tips For The Warmer Months Ahead

Although we've had some variable weather of late - high winds and snow already this week for instance - Spring has in fact been here for a few weeks and so it's time for some important maintenance tasks around the home.

Here are some useful pointers to some of the main things that you should be paying attention to.

Gutters - Ensure gutters and downpipes are clear of leaves and other items that can block water flow.

Roof - Has there been any damage to the roof over the winter? Binoculars are often sufficient to to check for any big problems. If you have nearby trees, branches should be at least five to seven feet from your home so that moisture and various critters can't enter your property. Branches that are too close might also harm paintwork etc.

Air conditioning - Now is a great time to check that your air conditioning is in good working order before it gets more stressed in the warmer months to come. Your compressor should also be clear of any vegetation or other obstructions that may have accumulated over the winter months.

Paintwork - Inspect for any winter damage and make any affected areas good. Applying a pressure washer to wood surfaces will reveal weak spots where paint is flaking.

Decking - Deck components are subject to deterioration over time. Ascertain that your deck is in good shape to take the additional loads of spring/summer events etc.

Lawn sprinklers - Make sure water irrigation systems are fully functioning and not in need of repair. Controllers should be adjusted to avoid overuse of water.

Garden equipment - Now is the best time to service equipment such as mowers and trimmers, so they are reliable when in regular use in the next few months.

Window and door seals - Air leakage at building apertures such as windows and doors leads to more expensive air conditioning bills in summer. Check for and repair any seal damage.

Screens - they perform a great function in allowing windows and doors to let in fresh air and keep critters out, but not if their condition has degraded over the winter. Inspect them all and repair/replace as required.

We hope that these pointers help you to get your home in tip-top shape. All this advice is arguably even more important if you're planning to sell your home soon. If you are, why not contact us today for more specific guidance.

March 20, 2018

Do You Know How Much Your Home Is Worth Today?

Do You Know How Much Your Home Is Worth Today?

Have you looked at how much your home is worth lately?

If you haven't then chances are you could be in for a very pleasant surprise.

In recent months we've seen average sold prices in Iron County sometimes increase by over 20% on the same period last year.

These impressive rises follow a long period of sustained price improvements so, if you've not checked your property's value in recent times, now might be an excellent moment to do so!

What's even better is that getting a ballpark figure is just a click away on our website.

Our popular home valuation tool provides you with an instant idea of the value of your property.

While we would encourage you to also contact us to visit your home and provide you with an even more accurate figure, the instant option could be enough to make you realize just how much equity you might have at present.

Having this knowledge empowers you in so many ways. You might be considering an upgrade, downsizing, cashing out or even just borrowing against the value of the home.

Whatever your motivations, we invite you to click here to find out.

Please feel free to contact us today with any real estate questions and I'll be happy to answer them for you.

Have a great day
Jared Zimmer

Posted in Sellers
March 2, 2018

Home Buyers Already Out In Numbers as Spring Approaches

 Home Buyers Already Out In Numbers as Spring Approaches

I thought I'd let you know about a very positive Iron County real estate market trend we've been observing here in recent weeks.

We're noticing a significantly higher than normal influx of enquiries from buyers.

Considering that spring is not yet here, this is very encouraging for prospects for home sellers as the traditionally busier selling season approaches.

This is a very clear demonstration of how this year's local market is likely to play out, building on the strong momentum we saw throughout 2017.

If you're planning to list in the next few weeks, the fact is that buyers are already out in numbers looking for a home, so why delay?

Early entry into the market has many advantages, including less competition with other sellers and the consequent probable result that your asking price will be more robust.

The fact that so many buyers are already involved in active home searches also means that multiple offers, even this early in the year, are very possible.

We sell over 130 properties every year, whereas the typical agent sells just one per month. Why not contact us today and find out more about how our marketing strategies are achieving exceptional results for our clients.

Feb. 20, 2018

Why is DIY Home Selling a Bad Idea?

Why is DIY Home Selling a Bad Idea?

Have you ever wondered why those "for sale by owner" signs never seem to change to "sold"?

Despite this, some sellers still think they can do as good a job as a professional agent and avoid paying commission.

Emphatically, this is a false economy, because the odds are really stacked against DIY sales ever happening.

So why is this?

There are a number of key factors that make things so difficult for the DIY home seller:

- A pro agent has access to the area Multiple Listing Service (MLS) and has intimate knowledge of recent sales of similar homes. This, combined with his/her own experience, allows the agent to accurately price the home to match the current market conditions, thereby ensuring a listed home is best poised to attract interest and, especially at the moment, obtain multiple offers that may take the eventual sales price over the original asking price.

- A professional agent will promote your home across his/her website, social networking sites and literally dozens of other websites across the internet. Do you actually have the time, skill and resources to do this?

- Full time agents spend every day prospecting for sellers and buyers, using their network of past clients and other contacts that they have built up over the years. This quickly identifies well qualified buyers to view their home. How are you going to identify these people and even if you did, how are you going to connect with them and get them to view your home soon?

- Staging the home is essential and experienced agents know what sells your home and how to present it to appeal to buyers. It's not simply a matter of spring cleaning, but more a question of accentuating the best features of the home and creating the best viewing experience. Do that yourself and you'll be leaving a lot of factors to chance.

- Let's imagine that you've somehow managed to receive an offer for your home. Is it the best offer you can hope to achieve? What if the buyer places conditions on the offer? A seasoned agent deals with these issues almost every day and knows how to get the best result and outcome for you.

- Even if you get as far as accepting an offer from a buyer, this is followed by the closing process, which is a complex stage when amateur selling can be most costly in the long term, as it's vital that everything is done to comply with legislation affecting the sale of homes, including any necessary disclosures about the property. Hiring an agent ensures that there will be no problems in this respect that might come back to haunt you later.

If you've been thinking about selling your home on your own, we hope that the above points help you to realize how agents really earn their commission.

We average over 130 sold properties every single year, so why not contact us today and let us help you to achieve the best possible return on your sale in the shortest possible time.

Feb. 2, 2018

Iron County Median Sales Price at a Multi-Year High!

Iron County Median Sales Price at a Multi-Year High!

We recently received the latest Iron County real estate market statistics (for November) issued by the Utah Association of REALTORS® and one figure really stood out.

The median sales price for the area of $181,700 is actually the highest figure in this category in over a decade!

As if that weren't impressive enough, we also noted that average sales price now stands at $220,576, which is over 20% higher than the same period in the previous year!

These stats confirm what we're seeing every day, in terms of a very lively market, even through the winter months. To emphasize that, pending sales were a massive 68.2% higher than the same period in 2016, which is a huge increase and a reflection of how traditional busy seasons are being challenged by vigorous sales activity throughout the year (helped this winter by the very mild weather of course). Closed sales showed a 12 month improvement of 11.2%.

There are also clear signs that more sellers are recognizing the amazing opportunities at present, when we consider that new listings showed a year-on-year 20.4% increase. To balance that, however, months supply of inventory of available homes for sale in our market showed a 19.2% drop in the same period. It was therefore no surprise to see virtually no annual improvement in the number of homes for sale, with a figure just 0.7% up on 2016.

It all highlights a wonderful opportunity for sellers, with growing returns on sale and the continuance of a general short supply of homes.

Why wait for spring when the market is already booming! Contact us today and we'll work closely with you to develop a winning strategy to make the best of the excellent current market conditions.

Jan. 16, 2018

Do You Have The Right Realtor?

Do You Have The Right Realtor?

For many home sellers still awaiting success, the beginning of the year is often when current listing arrangements come under review.

If your home hasn't yet sold in the current very lively market conditions, have you asked yourself if you're working with the right agent?

Perhaps it's a good time to ask yourself, and your agent, the following important questions:

Is my agent in constant communication with me? - Very regular communication is essential to ensure that you are fully up-to-date with what your agent is doing on your behalf to get the home sold and, equally importantly, to discuss any areas of fine tuning that may be needed.

Do I actually know what my agent is doing for me? - Has your agent presented a full pro-active marketing plan for your home? If not then you are very unlikely to fully understand what's actually being done for you. If you establish that the agent isn't even working to a pre-determined and well proven plan then the alarm bells should immediately start ringing in your mind.

Is my agent working right now? - A lot of buyers don't appreciate that, for many agents, real estate is not their full-time profession and they have other calls on their time. In fact you could find that your agent isn't even actively involved in selling at this time of the year!

How many homes has my agent sold lately? - If you've been with the same agent for some time, ask to see a very recent record of achievement. This helps to reveal just how hard the agent is working in these winter months and if marketing strategies are effective in the current market conditions.

Although the demand for homes in this area is excellent at the moment (with additional thanks to the very mild winter), the fact remains that some homes still don't receive offers. Although there could be a few reasons for this, an agent who isn't working hard for you is something that can be easily changed.

Why not contact us today and find out how we apply tried and tested techniques all year round, which have led to over 1000 property sales in recent years and an average of 130+ sold year after year

Posted in Sellers
Jan. 3, 2018

A Fantastic Early Year Opportunity For Iron County Home Sellers

A Fantastic Early Year Opportunity For Iron County Home Sellers

A Happy New Year to you. I hope you enjoyed the holidays.

I'm writing this blog so early in 2018 as there is a huge current opportunity if you are planning to sell your home.

The tendency of many sellers is to wait until the spring, but as the above graph shows inventory is currently super low and and sales are up, creating one of the best sellers markets we've seen in a long time.

It won't have escaped your notice that we have so far had an extremely mild winter in Iron County and this is also contributing to what is shaping up to be an amazing early year opportunity.

In December we'd normally expect to see something like a 40% drop in sales, due to the holidays and bad weather, but last month figures were actually up! We're also seeing a lot of new out of state buyers contributing to many sales at this time.

If you wait until Spring many more people will list, meaning extra competition and price pressure as buyers will have more options then.

I would judge that the next 60 days are going to present one of the best chances we've seen in a long time to not only get your home sold, but also for the most money possible.

So don't waste a minute more. Contact us today and we'll work with you to create an effective strategy to make the most of this incredibly favorable early year situation.

Dec. 19, 2017

Thank You

Thank You

The holidays and end of the year are now almost here, so it seems a good moment to reflect on 2017 and also assess the prospects for the New Year.

It's been another great year for us and for Southern Utah real estate in general!

2017 saw a return to the same sort of boom market conditions we last saw over a decade ago. This time, however, we have far more sustainable conditions and the great situation we find ourselves in is the gradual result of the momentum that has been building here for some years now.

There's been really healthy sales and price growth that is still causing a short supply of available homes locally. We have, however, seen improvements in the numbers of sellers coming onto the market but this has largely been absorbed by high demand. Therefore a tremendous opportunity still awaits those sellers who will list at a time of low competition and, in a growing number of instances, multiple offers that can even lead to returns above asking price.

With a healthy outlook for the economy and jobs, still low mortgage rates and no reason to think that the tremendous levels of buyer sentiment will not continue here, 2018 is shaping up to be another year of outstanding performance in the local real estate market.

We'd love to help you achieve your goals, so please contact us today for an informal discussion of how we can assist you to get the very best results.

Can we also take this opportunity to thank you all for your wonderful support during 2017 and to wish you and your family Happy Holidays and a Healthy and Successful 2018.

Dec. 6, 2017

Have You Noticed How Home Prices Are Rising In Our Area?

ave You Noticed How Home Prices Are Rising In Our Area?

I just took a look at the latest Iron County housing market report I have received from Utah Association of REALTORS® and one statistic really stands out.

Median sales price for our area has so far risen by no less than 16.3% this year. Average price has increased at more or less the same rate - by 16.2%!

This means that we're now seeing prices in the area that are actually higher than they were before the Great Recession began, in the last real estate boom!

This is confirmation of what we've been seeing in the market for some time, as strong economic conditions, much better job confidence and an influx of people new to the area continue to push demand ahead of supply.

We're seeing slightly better news on inventory of available homes in one way at the moment, with an 18.9% improvement in new listings so far this year. However, demand is so high that even this significant uptick has not been enough to overtake the very high number of pending and closed sales we're seeing, so overall supply is still in a downward direction.

Sellers are seeing an average of 96% of their original list price when they sell, pointing to the fact that some homes are actually selling for over asking price and attracting multiple offers.

To summarize, these are incredible seller's market conditions and the shortfall in supply suggests that there are great oppportunities right now to get a fantastic return and sell fast.

And while you may think it's not worth listing until the New Year now, keep in mind that, with low inventory, buyers often cannot afford to take a break from looking for the right house. What's even better is that competition will be much reduced until 2018 really gets under way.

Please don't hesitate to contact me today and discuss your best options.

 

Nov. 20, 2017

Why There's Much To Be Thankful for in Iron County Real Estate

Why There's Much To Be Thankful for in Iron County Real Estate

Well Thanksgiving week is almost here and everyone here would like to wish you a great upcoming holiday.

There's so much to be thankful for in Iron County real estate at the moment.

We've seen excellent price growth and a growing number of people moving into the area, raising demand levels and giving sellers even better returns than we've seen in recent years.

Mortgage rates have remained very low, despite some occasional upward pressure, and it's noticeable that even when rates have risen a bit, that has done little to dampen the enthusiasm of buyers, who are aware just how good a time it is to get on the home ownership ladder, or upgrade, while borrowing is still so relatively inexpensive.

The traditional selling seasons are now less pronounced and we're seeing strong year round sales figures.

I read recently that we're back to the boom market conditions that we last saw over a decade ago. The really encouraging thing this time is that circumstances are a lot more sustainable today and, thanks in part to better lending standards and a much more robust employment market (unemployment is only half what it was in 2010!), there's every reason to expect this most welcome of trends to continue.

Hopefully you'll get some relaxing time to yourself in the coming days and, if your thoughts are heading towards a possible move either now or in the New Year, I hope you'll consider just how favorable market conditions are, especially as we still have a shortage of available homes for sale, and the consequent advantage to sellers of very often holding, or even exceeding, asking price and having more visibility for their homes as there's less competition.

Have a great time this Thanksgiving. Thank you all for being such great customers yet again this year and don't hesitate to contact me today if I can be of any help.