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The Russo Team Newsletter December 2016

by The Russo Team

The Russo Team Newsletter December 2016

http://www.russoteam.com/agent_files/Monthly Newsletters/The Russo Team December 2016 Newsletter.pdf

Frank Russo
The Russo Team
RE/MAX Professionals
www.RussoTeam.com
602-864-1200

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Be Thankful, a Message from The Russo Team

by The Russo Team

Be Thankful, a Message from The Russo Team

Be Thankful 

Be thankful that you don't already have everything you desire.
If you did, what would there be to look forward to?
Be thankful when you don't know something,
for it gives you the opportunity to learn.

Be thankful for the difficult times.
During those times you grow.
Be thankful for your limitations,
because they give you opportunities for improvement.
Be thankful for each new challenge,
because it will build your strength and character.

Be thankful for your mistakes.
They will teach you valuable lessons.
Be thankful when you're tired and weary,
because it means you've made a difference.

It's easy to be thankful for the good things.
A life of rich fulfillment comes to those who
are also thankful for the setbacks.
Gratitude can turn a negative into a positive.
Find a way to be thankful for your troubles,
and they can become your blessings.

Source: http://www.coolest-holiday-parties.com/thanksgiving-poems.html

From all of us on The Russo Team, we wish you and your loved ones a very happy, healthy and safe Thanksgiving!

Frank Russo
The Russo Team
RE/MAX Professionals
www.RussoTeam.com
602-864-1200

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Limited Services, Limited Fees: What You Are Really Paying For

by The Russo Team

Limited Services, Limited Fees: What You Are Really Paying For 

We have received several phone calls lately from clients wanting to know more about limited services for a limited fee. With a strong housing market, it is not uncommon to see start-up real estate companies popping up with offers that make sellers question what they are really paying for. Let’s take a closer look at what limited services for a limited fee look like when it comes to selling a home:

Pick-a-plan-pricing: instead of charging a percentage of the sales price as a commission, you might see a flat fee pricing plan that has limited services included. While they may list your home for sale in the Arizona Regional Multiple Listing Service (ARMLS), the flat fee may not include a yard sign, or a lockbox. If you want those services, the price goes up. Keep in mind, even with a pick-a-plan-pricing, you will still pay a commission through ARMLS to a buyer’s agent; that costs is typically three percent of the agreed upon sales price.

No marketing plan: with a limited service real estate company, you might be saving on the commission money but you’ll also be giving up any professional marketing that might be included with a traditional listing agreement. If you want professional photos, virtual tours, videos or Internet exposure, you will be responsible for the cost and navigating which sites will help you sell your home. Of course, the limited service companies will offer a package that includes a marketing plan, but it will cost you more money.

Showing your home: when someone wants to see your home, you will be responsible for arranging the time, screening the buyer’s qualification, and verifying that the person calling is in fact a licensed REALTOR®.

Negotiations: in many of the limited service agreements offered, negotiating the purchase contract is not included in the flat fee. This means you will be responsible for negotiating the best price and terms on your home – by yourself. For a more experienced home seller, this might not seem like a big deal – but it could also be the moment you realize what the flat fee pricing is really costing you.

The Escrow Process: every limited service company is different and their fees may or may not include assistance during the escrow process. If the flat fee you are paying to save on commissions does not include representation during the escrow process, that means you will be responsible for making sure that escrow is opened (this means the buyer has deposited their earnest money funds with the title company), negotiating any home repairs the buyer asks for, following up on the appraisal, keeping in touch with the lender to make sure the buyer’s loan is proceeding and dealing with the buyer’s agent. It is important to point out that the buyer’s agent is not there to help you, and actually they would be putting their license in jeopardy if they did.

Not too long ago we published an article in our newsletter with a list of over 150 items that we do while representing our client in a real estate transaction. These five bullet points are just a few of the risks that hiring a limited fee company means for you. This year, we have been able to negotiate between 98 and 103 percent of list price to sales price for our seller clients. If you are worried about the cost of commissions charged by traditional real estate companies, I would ask that you consider what it is really going to cost you by when it comes down to having an experienced professional represent your best interest. You pay for what you get, and if it seems too good to be true, it usually is. If you are thinking about selling your home, please don’t risk your bottom line to save a few bucks on commission. Give us a call today – Frank 

Frank Russo
The Russo Team
RE/MAX Professionals
www.RussoTeam.com
602-864-1200

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The Russo Team Newsletter November 2016

by The Russo Team

The Russo Team Newsletter November 2016

http://www.russoteam.com/agent_files/Monthly Newsletters/Russo Team Newsletter November 2016.pdf

Frank Russo
The Russo Team
RE/MAX Professionals
www.RussoTeam.com
602-864-1200

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National Housing Report for October 2016

by The Russo Team

National Housing Report for October 2016 

The National Housing Report for October 2016 indicates that the September Median Sales Price of $219,780 was 5.1 percent above a year ago. And in a rare occurrence, not a single metro posted a year-over-year price drop. The average Month’s Supply of Inventory rose from 3.4 in August to 3.9, the highest since February.

“The market usually sees fewer home sales in September, as buyers make a seasonal transition from summer to fall,” said Dave Liniger, RE/MAX CEO, Chairman of the Board and Co-Founder. “Even so, sales were the highest of any September since we launched our Housing Report in 2008. Also, price increases continue to be in the moderate 5-percent year-over-year range. Overall, this is a market that most everyone can be satisfied with.”


If you would like to read the full National Housing Report for October 2016, please click here. The inventory of available homes for sale, still far below the six month’s supply considered to be a market balanced equally between buyers and sellers. Now is a great time to consider selling your home! Give us a call today – Frank

Frank Russo
The Russo Team
RE/MAX Professionals
www.RussoTeam.com
602-864-1200

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Buying a Home: Separating Wants from Needs

by The Russo Team

Buying a Home: Separating Wants from Needs

Are you ready to buy a home but not sure where to start? Separating your wants from you needs is an important step in committing to homeownership. Don’t let the process overwhelm you! Buying a home is a big financial responsibility and contributes to your long-term wealth building. Check out this short video for a few tips to help you separate your wants from your needs:

The Russo Team has been helping Arizonian’s buy homes across the Valley of the Sun for thirty-five years. We have the local knowledge and experience to help you find the right home that fits your needs, and your wants. Give us a call today! Frank

Frank Russo
The Russo Team
RE/MAX Professionals
www.RussoTeam.com
602-864-1200

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Halloween Festivities Happening in Downtown Phoenix, Arizona

by The Russo Team

Halloween Festivities Happening in Downtown Phoenix, Arizona 

With the lingering summer temperatures, it’s hard to believe that Halloween is just around the corner. If you are looking to have a spooky good time this year, here are a few of the hottest Halloween Festivities happening in downtown Phoenix, Arizona.

 

  • 8th Annual Poe-Fest: October 29-31st at Hotel San Carlos hosted by Arizona Curriculum Theater.
  • Orpheum Theatres Ghost Tours: October 30th at The Orpheum Theater in downtown Phoenix.
  • A Vampire Tale: October 27-31st and November 3-5th at the Phoenix Theatre and often referred to as the “Nutcracker of Halloween.”
  • Howl-o-Ween: October 28-29th at the Phoenix Zoo, spooky fun for the whole family.
  • Dia de los Muertos Celebration: October 29-30th at Desert Botanical Gardens. Dancing, music and storytelling at the Gardens.
  • Zombie Walk 8: October 29th at the Warehouse District. Take a zombie walk through downtown Phoenix or enjoy the adult-only Blood Pub Crawl (ticket required).  

 

However you decide to celebrate Halloween, we hope you have a fun and safe holiday weekend – and we hope to see you downtown! Frank

Frank Russo
The Russo Team
RE/MAX Professionals
www.RussoTeam.com
602-864-1200

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The Russo Team Newsletter October 2016

by The Russo Team

The Russo Team Newsletter October 2016

http://www.russoteam.com/agent_files/Monthly Newsletters/Russo Team Newsletter October 2015.pdf

Frank Russo
The Russo Team
RE/MAX Professionals
www.RussoTeam.com
602-864-1200

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Client Appreciation Get Together

by The Russo Team

Client Appreciation Get Together

It is just about that time of year, when we reflect on what we are grateful for in our lives, and here at The Russo Team, we have much to celebrate this year – starting with our amazing clients, friends and family who have continued to trust us with their real estate needs over the years.

In an effort to show our appreciation and humble gratitude for your past and future business, we are hosting a Client Appreciate Get Together at my home. We would like to extend this invitation to you, your family, and friends!

WHERE: 7835 W Adobe Drive, Glendale, Arizona 85308 
WHEN: Saturday, November 12th from 3:00 pm to 6:00 pm

Please join us for drinks, appetizers and receive a free apple or pumpkin pie to enjoy as we begin the Thanksgiving Holiday. For more information or to RSVP please click here. We do need your response by Monday, November 7th so we can order enough pies.

For thirty-five years I have been fortunate enough to serve our community through real estate, and it has been an absolutely amazing experience. I hope you will stop by on November 12th and enjoy a gift from our family to yours - Frank

Frank Russo
The Russo Team
RE/MAX Professionals
www.RussoTeam.com
602-864-1200

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RE/MAX National Housing Report September 2016

by The Russo Team

RE/MAX National Housing Report September 2016


According to the September National Housing Report from RE/MAX we have seen a continued positive trend in the housing market with sales up in August, and prices steady.

“August’s nearly 6 percent sales increase over last year is providing a strong finish for the summer home selling and buying season. While July saw a decline, August built upon the trends in the spring and early summer. Coupled with moderating price increases, the sales growth we’re seeing represents a market that’s very sustainable," said Dave Liniger, RE/MAX CEO, Chairman of the Board and Co-Founder. 

August home sales increased 5.8 percent over a year ago, reversing July’s decline of 8.8 percent. At the same time, the median price climbed 5.1 percent as steady monthly increases continued. August sales were up year-over-year in 41 of the 53 U.S. metro areas analyzed in the RE/MAX National Housing Report. Twelve metro areas posted double-digit increases, including major markets along the east coast from Washington, DC to Charlotte, NC. So far in 2016, seven of the eight months have seen year-over-year sales increases nationally.

If you are thinking of making a move, but not sure what your home is worth, give us a call today. We will provide you with an informative look at what your home is worth – free of charge. Frank

Frank Russo
The Russo Team
RE/MAX Professionals
www.RussoTeam.com
602-864-1200

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Displaying blog entries 1-10 of 350

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