I am LOCAL, I am GLOBAL

I am #LOCAL, but I am also #GLOBAL.

Leading Real Estate Companies of the World

 

If you have friends or family moving -within the USA or internationally- who feel overwhelmed trying to find a stellar real estate agent, don't hesitate to connect them with me!

As a Leading Real Estate Companies of the World® member, I network with agents around the world to help with your real estate needs. As a former expatriate from Belgium, I understand the complicated needs and changes that arise from a relocation and I have an aptitude for crossing cultural boundaries!

If your employer is relocating you to the DFW metroplex, you can specifically request from the relocation company that they assign your move to myself so I can assist you with your real estate needs, before a randomly selected real estate agent is assigned by the relocation company to do so!

Our global network reaches any of the listed countries below:

 

ARGENTINA
ARUBA
AUSTRALIA
AUSTRIA
BAHAMAS
BARBADOS
BELGIUM
BELIZE
BULGARIA
BRITISH VIRGIN ISLANDS
CANADA
CAYMAN ISLANDS
CHINA
COLOMBIA
COSTA RICA
CZECH REPUBLIC
DENMARK
DOMINICAN REPUBLIC
ENGLAND
ENGLAND, GREAT BRITAIN
FRANCE
FRENCH WEST INDIES
GERMANY
GREECE
GUAM
ICELAND
IRELAND
ISRAEL
ITALY
JAMAICA
LEBANON
LUXEMBOURG

 

MALAYSIA
MAURITIUS
MEXICO
MONACO
NETHERLANDS
NEW ZEALAND
PANAMA
PORTUGAL
PUERTO RICO
QATAR
ROMANIA
RUSSIA
SAINT BARTHELEMY
SAINT MARTIN
SCOTLAND, GREAT BRITAN
SINGAPORE
SINT MAARTEN
SOUTH AFRICA
SOUTH KOREA
SPAIN
SWEDEN
SWITZERLAND
THAILAND
TRINIDAD & TOBAGO
TURKEY
TURKS & CAICOS ISLANDS
UNITED ARAB EMIRATES
URUGAY
VIRGIN ISLANDS, U.S.
WALES, GREAT BRITAIN
ZAMBIA

 

TIPS FOR RELOCATION

  • Know what relocation services are covered by your employer. These should be provided to you in writing, so make sure to read the documents thoroughly and convey them to your assigned real estate agent because he/she may not know what they entail. Services can include anything from several house hunting trips, help with job placement/leads for a spouse, temporary housing, and so on!
  • Do a bit of research and take into account the cost of living in your destination city, as these can vary tremendously across the United States and abroad. 
  • Reflect on what is important in your life and come up with a description of your lifestyle. This is crucial intel for a real estate professional; they're more than likely to ask you anyways. Different neighborhoods attract different lifestyles and you want to make sure that you end up happy with your new neighborhood. Consider your preferences and top priorities. Do you prefer proximity to walk/bike trails, the most trendy shops and restaurants, or is the distance to work your primary concern... How about schools? Whatever your preferences or no-no's, be sure to relay them to your agent! If you have the chance to spend some time exploring the city, make sure to visit those neighborhoods your agent recommends to ensure they fit your wishes.
  • Certain moving expenses could be tax-deductible: do your research and check with a CPA.
  • Ask your real estate professional for advice (even after closing), and don't hesitate to talk about your concerns. Your real estate professional is likely the first person you'll get to know in your new home city, and they'll continue to be a great resource to you as you get settled in.

For more information about relocating to Dallas, please click here

Sell Now or Wait Until Spring?

Besides the obvious, "How much should I list my home for?", this is another very common - yet important - question from sellers, and I think it's one worth addressing. Determining if this is a good time to be selling a home requires some pondering about your unique situation and goals. Equally important, don't forget to ask your real estate professional for some local market insights to aid your decision making!

Sell Now or Wait Until Spring
Sell Now or Wait Until Spring

People choose to sell their home now rather than in the spring/summer because of one or multiple of the following reasons, but it's worth mentioning the flip side of each of them as well:

Less Competition
It's generally the case that once spring arrives, For Sale signs will start popping up everywhere around you. This also means that if you sell now, you are avoiding competing For Sale homes in your neighborhood, thus increasing the probability that a ready buyer will look at your home, rather than the one across the street. In other words, the fewer homes available to choose from for buyers, the greater the demand for your home will be.

Flip side: In a market like we've witnessed the last few years in the DFW area, we know that there's been a supply-demand discrepancy with a tremendous amount of buyers, but not enough housing supply to meet that demand. When there are more buyers looking at fewer homes, meaning there is more competition between buyers, this can drive up the offer price on your home. Generally, there is a greater number of people looking to buy a home in the spring/summer (especially families with children in school) but make sure to check with your local real estate expert on your market's statistics to make sure this is the case. Another thing to keep in mind is that summer months are popular start/end/renewal times for residential leases, should your home be a good fit for first-time buyers. More competing buyers could result in a higher offer price for your home.

Buyers Are Out There
Homes get sold every month of the year, and that's no different in the Dallas area. Surely, there are always people with a serious housing need, even during the fall and winter months. Especially when they have limited time to find a new home. For example, buyers could be in the market to buy sooner than later because of employment relocation, a sick family member they want to move closer to, or the upcoming arrival of a newborn baby. Things happen in life that don't always allow for the ideal setting for home shopping... those buyers deserve a home too!

Fall and winter months could also bring out the charming festive features of your neighborhood, for potential buyers who care to know if your neighborhood homes are decorated for the holidays.

Flip side: Depending on the demographics of the most likely buyer for you home, try to imagine when they would be looking for a home? If someone's got children in school, it may not be the most convenient time to be shopping for a home during the school year. Hence, the pool of likely buyers for your home will be smaller now than after the end of the school year. On the other hand, this could be a good time to sell to someone who has a real need to buy a home. This could be a buyer who doesn't have the ability to wait until school is over or spring arrives.

Mortgage Rates Could Increase
Mortgages rates have been quite favorable in the past year or two. If you don't think so, just know that some generations have witnessed interest rates in the double digits being the norm! Yikes! Unfortunately, rates do fluctuate and we can't always rely on them remaining this low. If anything, they're almost always more likely to go up rather than down. The current rates have been quite favorable for buyers of course, but if they go up in a few months, buying may not be an option for some buyers and then you've reduced your buyer pool quite significantly, meaning you could have less competition amongst buyers, driving down the price you go could get for your home.

Flip side: There's no guarantee that rates will continue to rise; they may actually just do the opposite in the spring or summer... we just can't say for sure without a crystal ball. Consult with a loan officer who can arm you with the best information on interest rates and obtain a more reliable market outlook for mortgage interest rates.

Faster Transactions
There tend to be fewer real estate transactions than there will be in the spring or summer. Mortgage lenders have less loans to process, attorneys have less legal work to perform, and inspectors have fewer inspections scheduled on their calendars. This leads to a quicker turnaround time from contract to closing should all parties involved prefer to close sooner than later, which may be ultimately one of your goals due to your unique circumstances.

There's no flip side, other than that you may be scrambling to get moving boxes packed up sooner than you may have anticipated. As a seller, it's up to you to decide what contract terms you agree to, so don't sign off on an impossible time for yourself... especially if you are still looking for your next home.

Loan.jpg

Surely, there are advantages and disadvantages with most decisions, and it's no different for choosing when to list your home. In conclusion, by considering the reasons above and analyzing your circumstances and goals together with your agent, you will be able to determine whether now is a good time to sell or if you should wait until the spring. A great agent will honestly advise if now is a good time to sell or if it's better to wait until the spring or summer based on your unique situation and goals. A terrible agent will always tell you now is the best time to sell, even before listening to your circumstances or goals, just to chase a quicker paycheck. Be aware!

What's My Home Worth?

This is probably the first question you ask when the possibility of selling your home has been on your mind. With all the information out there on the internet for homeowners to find, such as 'Zestimate' on Zillow or public data on your tax appraisal district's website, what is truly your home's value? Let's delve into this...

What is my home worth

In essence, the value of your home is the price that a ready, willing and able buyer would pay for your home. It has nothing to do with what you initially paid for the house (and simply adding the price of improvements you've made to the home's initial price also doesn't get you there). How do you as a seller get to estimate that price beforehand when you list your home? This is where your real estate professional or licensed appraiser comes into play. These licensed professionals -like myself- have access to sales data, unavailable to the general public in Texas. 

WHY NOT TRUST INTERNET FINDS LIKE 'ZESTIMATE'?

In order to arrive at an opinion of value for a home, one would actually need to see the INTERIOR of the home and make adjustments based on findings! While a computer algorithm can analyze data and statistically come to conclusions, it unfortunately can't physically inspect and interpret - like a buyer would - the features and quality of updates in a home. Location is a very important factor, and the algorithms can quite nicely come up with a wide range of values based on comparable sales data in a given area... but they lack the fine-tuning capabilities a great, experienced real estate agent/broker has. Personally, I spend time previewing homes in specific neighborhoods and actively watch those sales so that I can get the best understanding of what buyers end up paying, and how interior differences actually affected how much they paid. It's always a fantastic idea to consult with a real estate professional who can point you in the right direction and help achieve your goals, particularly if you're set on getting the best possible price for your home.

For transactions in which a mortgage company is involved, a licensed appraiser will conduct an appraisal - ordered by your lender - to arrive at an opinion of value. To get to that opinion, adjustments will be made to the price of comparables (i.e., recently SOLD homes in the same subdivision with similar features) by the appraiser for a variety of parameters. A lender will only approve a buyer's mortgage amount that is based on a contract purchase price less than or equal to the appraisal value.

What is my home worth

These "appraisal did not meet purchase price" scenarios do happen in the Dallas area and this is why you price your house right! The best recourse in this situation as a buyer would be to renegotiate the price with the seller. If that's unsuccessful and the buyer still wants to purchase the home, the price discrepancy will have to be paid for in cash at closing to complete the sale..