McKinney TX Real Estate

McKinney, TX real estate - learn all about why McKinney is "Unique By Nature"... the real estate, the neighborhoods and what makes McKinney the BEST place to live in North Texas!

Do You Do Your HOMEWORK? 4 Things Every Buyer's Agent Should Research for their Client!

So Your Buyer Found a House they Like...Now What??

Woo Hoo! As a new agent you can almost hear the sound of a cash register yelling ‘Cha-Ching'! You breathe a sigh of relief that you will soon have a paycheck...ideally in 30-45 days.

But wait just a second! Do you just jump into writing a contract after doing your giddy school girl happy dance?

No, no, no...like the 12 years you spent in school, you must do some HOMEWORK!

 smart McKinney Realtor

You must do some digging around before you even sit down at the table with your client to get their signatures. A good buyers agent will always research the following 4 things: the County Appraisal website, MLS Archive, Comparable Market Analysis & don't leave out the Listing Agent!

1. County Appraisal Website

  • Pull up the address on the county appraisal office website and print out the information. Why?

Unless the listing agent tells you otherwise, the name of the current seller is listed here. You'll need that for the contract.

You can see the date the current owner bought the property.

If they've owned for less than 3 years, they might not have a lot of equity. This could be a red flag so make sure they haven't overpriced their home to compensate for little to no equity.

You might be able to see who the original builder of the home was.

This could be handy if the home is newer than 10 years old. In the North Texas area, most homes come with a 10 year foundation warranty. Knowing who to contact for foundation problems will be helpful.

Perhaps a builder in the area has a somewhat less than stellar reputation and you want to know about it and inform your client. Maybe the builder is bankrupt. Or maybe a client really LOVES a certain builder.

Finally, look at the current ASSESSED VALUE OF THE HOME. I like to say ASSESSED value, not APPRAISED value. Why?

Appraised indicates that someone has actually walked into a home to see the location, condition and upgrades. It implies that care has been taken to establish a value.

Assessed values are just that - the value of a home that has been arrived at by some formula the county uses.

So why look at it at all? If the county has the home valued more than 25% off, either up or down, try to find out why. The assessed value gives you a BALLPARK figure. Make sure your buyers understand this! Plus, if it's valued LOWER than what they are buying it for...then bonus! They will pay less in real estate taxes...and that's a very good thing!

2. MLS Archive

  • Past MLS History  

If the home has been listed on the MLS in the past, then doing an "Archive Search" will bring up a few key bits of info, like: HOW MUCH the owner paid for the home and WHEN. It may indicate WHAT TYPE of financing they did (100% financing, cash, etc). Was the home a flip? Was the home ever in foreclosure? How long have they been trying to sell the home?

3. Market Analysis

  • Comparables - do your Market Analysis! Now, this topic requires a training all to itself, but ideally make sure you can stick to as many of the following guidelines:

Use only SOLD homes. Sold within the last 6 months. Located within a 1 mile radius (ideal if in same neighborhood or school zone). Within 150 square feet of the subject property (if less than 3,000 sf or within 10% if larger than 3,000 sf. The age of the home is within 5 years +/- the subject home. The sales were NEW LOANS - not cash or assumable or owner financing. No distressed properties (foreclosures or short sales).

4. The Listing Agent

  • Contact the Listing Agent! Try to ask a lot of open ended questions to see what kind of information they offer up, like:

Why are the current owners moving?

What is their time frame for moving? Do they need time to find a new property?

Can you please send me a Seller's Disclosure Notice?

Do they have a copy of the survey you could see?

  • Knowledge 
  •  Try to have a very cordial first conversation. This can set the tone of the relationshiop if you end up working on a transaction together. Let them know that your client might be interested in their listing, but never give away any negotiating power ...don't say, "My clients LOVE this house and told me they'd pay LIST PRICE for it!", or "They're not looking at any others cause this one is just perfect and the wife would DIE if she couldn't get it." Not only are you giving away negotiating leverage, but you are VIOLATING YOUR AGENCY CONTRACT WITH THE BUYER! Remember that "Confidentiality" clause??

 

 

By having your Homework done prior to meeting with your client, you'll appear ready to tackle the negotiating process for your buyer. Information = Power. The more research you do, the less nervous you'll feel when discussing your negotiating strategy with your buyer and you'll be able to answer most of their questions! Your buyer will be able to tell if you're unsure of yourself or your abilities. But if you're armed with the right ammo, you'll be confident and ready to snag that dream home for your client!

___________________________________________________________________________________________

If you're looking for a home in the McKinney, TX area then search for homes on my main Collin County real estate website at www.ServinginCollinCounty.com.

McKinney, TX Realtor Kim Daugherty

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Dallas Condo for Sale in Oak Lawn - Updated and Ready to Move-In! $205,000





4040 Avondale Ave #301C
Dallas, TX 75219
Condo located in dallas- Updated hardwood floors

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Kim Daugherty
0530037


Office: 972-838-5394
Mobile: 469-667-8225
Website: Visit Website

Co-listed by:
Laura Barron
0570758



Cell: 214-415-5329
Website: Visit Website



Price : $205,000
Bedrooms : 2
Bathrooms : 2.5
Square Foot : 1,360
County : Dallas
Property Type : Condo or Townhouse
MLS Number : 11386936



click for more information and pictures

Property Description
OPEN HOUSE...Sunday August 8th 2:00-4:00!

TEXT FOR MORE DETAILS INFO 98269 TO 79564

Pride of ownership shows in this meticulously maintained condo. You wont be disappointed with the updates which include rich hardwood floors, designer paint colors, unique light fixtures and door hardware. Enjoy cooking in this updated kitchen that features under cabinet lighting, granite countertops, designer tilebacksplash, white cabinets hardware. All bathrooms have been updated with new flooring, paint, custom vanities and faucets. The two full baths upstairs feature skylights. The following systems have been replaced: Water Heater 9/09, Frise Carpet 9/08, refinished hardwood floors 2/10 and Exterior paint by HOA. Two underground parking spaces conveniently located around the corner from your front door. HOA includes pool, sauna, workout facility, water, trash, exterior and more
Equal Housing Opportunity.
d + b real estate : 207 E Virginia St 203 - McKinney TX 75069 : 972-838-5394

___________________________________________________________________________________________

If you're looking for a home in the McKinney, TX area then search for homes on my main Collin County real estate website at www.ServinginCollinCounty.com.

McKinney, TX Realtor Kim Daugherty

Connect with me online at:

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For Sale OR Lease - Luxury Dallas Hi-Rise Condo - The Renaissance at Turtle Creek





3225 Turtle Creek #507
Dallas, TX 752195430
Great 2 BR Condo near Turtle Creek Katy Trai

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Kim Daugherty
0530037


Office:972-838-5394
Mobile:469-667-8225
Website:Visit Website

Co-listed by:
Laura Barron
0570758



Mobile:214-415-5329
Website:Visit Website



Price : $240,000
Bedrooms : 2
Bathrooms : 2
Square Foot : 1,162
Community : Renaissance on Turtle Creek
County : Dallas
Property Type : Condo or Townhouse
Year Built : 1998
MLS Number : 11340107



click for more information and pictures

Property Description
The Renaissance on Turtle Creek offers convenience,luxury and sought after amenities.This 2 BR-2 BA home (Sienna floorplan) is located in desirable Bldg A (only 7 units per floor) on the same floor as the reserved parking spot. Inside you'll find WOOD floors, 2-in. bull-nosed GRANITE counters, upgraded cabinetry, STAINLESS appliances VIEWS of Lee Park & Turtle Creek Park. You can't beat this deal! Available for lease at $1,700/mo for one year lease...OR only $1500 per month for a two year lease!
Features List
  • HOA DUES INCLUDE:
  • Free Valet
  • Concierge Services
  • Fitness Center
  • Business Center
  • Water
  • Internet
  • Security System
  • Trash & Sewage
  • Equal Housing Opportunity.
    d + b real estate : 207 E Virginia St 203 - McKinney TX 75069 : 972-838-5394

    ___________________________________________________________________________________________

    If you're looking for a home in the McKinney, TX area then search for homes on my main Collin County real estate website at www.ServinginCollinCounty.com.

    McKinney, TX Realtor Kim Daugherty

    Connect with me online at:

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    McKinney, TX Home For Sale ~ Walking Distance to HIGHLY RATED school ~ $169,500

    Did you hear that McKinney, TX made Money Magazine's "Top 100 Places to Live" for 2010? What are you waiting for? Move on down to McKinney, TX. This home is well maintained and ready to move in! Agents live nearby and can show on short notice. Call 972-838-5394 for a private showing.





    5433 Pebble Court
    McKinney, TX 75070
    Move in ready 3 bedroom home in McKinney TX

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    Kim Daugherty
    0530037


    Office: 972-838-5394
    Mobile: 469-667-8225
    Website: Visit Website

    Co-listed by:
    Laura Barron
    0570758



    Cell: 214-415-5329
    Website: Visit Website



    Price : $169,500
    Bedrooms : 3
    Bathrooms : 2
    Square Foot : 2,105
    Community : Stone Brooke Crossing
    County : Collin
    Property Type : Detached
    Year Built : 1998
    MLS Number : 11444464



    click for more information and pictures

    Property Description
    Beautiful Highland home. Easy maintenance with ceramic tile flooring through entry and kitchen and hardwood floors in family room. Spacious family room features gas starter fireplace and entertainment alcove with surround sound (speakers stay). Open island kitchen is great for entertaining and features neutral colors, 42 inch cabinets and window seat in breakfast nook. Split bedrooms provide privacy with large master bedroom. The master bath features a garden tub, dual vanities, tiled seperate shower and lots of storage in walk-in closet. The backyard has room for all and features a updated fence in 2008 with steel posts and watering is easy in the Texas heat with the sprinkler system. Washer/Dryer/Refrigerator Negotiable!
    Features List
  • Plant Ledges
  • 10' Ceilings
  • Updated Lighting
  • Sprinkler System
  • Lush Landscaping
  • Wood Floors
  • Window Seat
  • Surround Sound
  • Gas Fireplace
  • Slit Bedrooms
  • 42" Cabinets
  • Equal Housing Opportunity.
    d + b real estate : 207 E Virginia St 203 - McKinney TX 75069 : 972-838-5394

    ___________________________________________________________________________________________

    If you're looking for a home in the McKinney, TX area then search for homes on my main Collin County real estate website at www.ServinginCollinCounty.com.

    McKinney, TX Realtor Kim Daugherty

    Connect with me online at:

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    And don't forget...

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    Irving, TX Home For Sale - Close to DFW Airport - Pre-Inspected & Ready to MOVE IN!





    2531 Wells Rd
    Irving, TX 75061
    Charming Irving 3 BR Home in Mature Neighborhood

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    Kim Daugherty
    0530037


    Office: 972-838-5394
    Mobile: 469-667-8225
    Website: Visit Website

    Co-listed by:
    Laura Barron
    0570758



    Cell: 214-415-5329



    Price : $110,000
    Bedrooms : 3
    Bathrooms : 2
    Square Foot : 1,425
    Lot Size : 126
    Community : SCRUGGS PLACE
    County : Dallas
    Property Type : Detached
    Year Built : 1958
    MLS Number : 11431959



    click for more information and pictures

    Property Description
    Pre-Inspected Move In Ready Charming Irving home located on treed corner lot. There's so much character in this 3 BR, 2 BA home with an incredible eat-in kitchen located adjacent to the dining room that features abundant cabinetry, built in buffet, island, double ovens and refrigerator that remains with home. Private master is located on 1st floor off of living room with corner fireplace & views of mature trees and landscaping. Two spacious BR's located upstairs. Only 12 min to DFW Airport!

    Equal Housing Opportunity.
    d + b real estate : 207 E Virginia St 203 - McKinney TX 75069 : 972-838-5394

    Call for a private showing of this Irving TX home for sale! Convenient to major highways, employment and DFW airport. The price is right, and it's ready to move right in. Call for more information 972-838-5394.

    ___________________________________________________________________________________________

    If you're looking for a home in the McKinney, TX area then search for homes on my main Collin County real estate website at www.ServinginCollinCounty.com.

    McKinney, TX Realtor Kim Daugherty

    Connect with me online at:

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    Cinco, Cinq, FIVE - McKinney, TX Makes Top 100 List of CNN MONEY's Top 100 Places to Live!

    For all those that have asked me:

     "Why do YOU like living in McKinney, TX"?, or

     "What DFW city should I live in"?, or

    "What's so special about McKinney, anyway"?

    I give you this:

    CNNMoney.com's Top 100 Places to Live as Exhibit A through Z!

    WE'RE NUMBER 5!

    Beating us out were: Eden Prairie, MN; Columbia/Ellicott City, MD; Newton, MA; and Bellevue, WA.

    The reporters from CNNMoney.com reviewed cities with populations of 50,000 to 300,000 and poured over information regarding job opportunties, fiscal strength, schools, crime rate, health care quality and things to do (entertainment factor).

    What impressed me was that the reporters didn't just look at the cold hard facts and rank cities sight unseen. No - they visited their Top 30 contenders in order to get a "feel" for the town. To get a picture of the unspoken charm or character that a towns posesses. Those things that residents know and feel in their hearts, yet can't be put into words.

    Here's why McKinney, TX makes such a great place to LIVE and RELOCATE to!

    • exceptional school system
    • low real estate prices
    • our "gem of a downtown"! I just LOVE that, since our brokerage resides in one of the restored 19th century buildings they mention!
    • abundant employment opportunities within our own city - eliminating the need for a big commute

    Read about it for yourself! It makes me that much more proud to not only get to work in such an awesome city, but live in it as well.

    Why do YOU love living in McKinney, TX??

    ___________________________________________________________________________________________

    If you're looking for a home in the McKinney, TX area then search for homes on my main Collin County real estate website at www.ServinginCollinCounty.com.

    McKinney, TX Realtor Kim Daugherty

    Connect with me online at:

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    And don't forget...

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    Melissa, TX - Real Estate Market Update ~ May 2010

    Your Melissa, TX Real Estate Market Update for May 2010

    Melissa saw 47 sales for the month of May, which was up a whopping 88% over May 2009.

    The average sales price for a home in Melissa was $173,314 which was down 13% over last May.

    Homes for sale in Melissa, TX sat on the market for an average of 75 days - a nice 21% decline when compared to May 2009.

    As of June 17, 2010 there are 82 ACTIVE properties for sale in Melissa. There are 2 CONTINGENT properties, 3 under KICK OUT status and another 20 PENDING SALES.

    If you're in the market for a Melissa, TX home, or would like information about selling a home in the Melissa or surrounding Collin County area, please contact d + b real estate!

    Check out our listing in Hunters Creek - one of the most popular Melissa, TX neighborhoods:

    Melissa, TX home for sale

     

    $128,000

    2307 Arrowhead Pass

    Move right in to this immaculately maintained home! Three bedrooms, two full baths and a popular Pulte floorplan that offers just over 1600 sq ft.

    Melissa, TX home for sale

    The spacious kitchen overlooks a family room with fireplace. Entertaining is easy with the breakfast bar providing extra seating/serving room. Plenty of cabinetry and counterspace! The master retreat is separate from secondary bedrooms and offers a bath equipped with relaxing garden tub, separate shower, dual vanities and walk-in closet! The backyard is big enough for playground or pool!

    Melissa, TX home for sale

    Move right in to one of Melissa's most popular neighborhoods! Easy access to 75 and convenient to Hwy 121 and 380.

    Hunters Ridge Melissa TX

    COMMUNITY AMENITIES INCLUDE:

    Community Pool 

    Playground with Covered Area for sunny days

    • Park like setting with large wooden Gazebo for gatherings.

    Hunters Ridge Melissa TX

    EVERYONE can call Hunters Glen HOME:

    Recognized Melissa ISD Schools.

    • Your four-legged friends will relish being surrounded by lots of sidewalks for long walks and the community park with plenty of green space.

    • Like shopping and dining? McKinney is just 8 minutes South and the 380/75 intersection is packed with choices!

    Hunters Ridge Melissa TX

     





    2307 Arrowhead Pass
    Melissa, TX 75454
    Move-In-Ready..LIVE in a Family Friendly Community

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    Contact Me


    Kim Daugherty
    0530037


    Office:972-838-5394
    Mobile:469-667-8225
    Website:Visit Website

    Co-listed by:
    Laura Barron
    0570758



    Cell:214-415-5329
    Website:Visit Website



    Price : $128,000
    Bedrooms : 3
    Bathrooms : 2
    Square Foot : 1,618
    Community : Hunters Ridge 02
    County : Collin
    Property Type : Detached
    Year Built : 2005
    MLS Number : 11391055



    click for more information and pictures

    Property Description
    TEXT FOR MORE DETAILS "info 98147" TO 79564

    MOVE-IN READY home with a popular open floorplan! Enjoy the spacious kitchen w plenty of cabinets counterspace, new microwave plumbing fixtures and a bfast bar that's great for entertaining! The breakfast nook overlooks the living room equipped with fireplace. Master retreat is separate from secondary bedrooms.Zoned for RECOGNIZED Melissa ISD schools & just minutes to shopping,dining & 75. Don't forget the community pool,gazebo & playground!
    Features List
  • Laudry room
  • Fireplace
  • covered parking
  • Central air
  • HOA Dues
  • Equal Housing Opportunity.
    d + b real estate : 207 E Virginia St 203 - McKinney TX 75069 : 972-838-5394

    ___________________________________________________________________________________________

    If you're looking for a home in the McKinney, TX area then search for homes on my main Collin County real estate website at www.ServinginCollinCounty.com.

    McKinney, TX Realtor Kim Daugherty

    Connect with me online at:

    facebook

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    And don't forget...

    comment

    Dallas Condo Close to ALL that Downtown has to Offer! 2 BR, 2.5 BA - $210,000!

    View Flyer Web Page

    ___________________________________________________________________________________________

    If you're looking for a home in the McKinney, TX area then search for homes on my main Collin County real estate website at www.ServinginCollinCounty.com.

    McKinney, TX Realtor Kim Daugherty

    Connect with me online at:

    facebook

    twitter

    And don't forget...

    comment

    SPICE UP YOUR BLOG: Obama & "W" Talk Dallas Real Estate...Find out How to Make them talk about YOU too!

    Are you looking for a way to SPICE up your blog?

    Spice up real estate blog

    Are you trying to find a way to connect with your blog audience and show that you have a sense of humor? That you're not like every other Realtor out there? That real estate doesn't always have to be so serious?

    Why not make a video on Xtranormal.com? It's free and easy...and TOO. FUN!

    I wrote about this website in yesterday's blog post about some of the great tools I learned about at RainCamp Dallas.

    As an experiment, I made my first video about the real estate market in 2006. You can see it by clicking on the link above. I mainly did it as a test - to see how easy it would be to actually make. Many times sites claim they are "easy" to do, but in reality it actually takes someone in MENSA with a genius IQ and 2 degrees from Yale to figure out what's going on.

    Not the case here. It's almost TOO easy.

    EVERYONE can benefit from using these clever videos in your business! You can make a video about so many different topics:

    • The home buying process - Realtors
    • Educating buyers on different types of loans - Lenders
    • Tips about what to look for in home inspections - Home Inspectors
    • Why not the obvious - a quick commercial about YOU?

    How would YOU use a video in your business? I'd love some more ideas...

    In my second video from Kim Daugherty productions, I show George W Bush and President Obama talking Texas Real Estate. And who knew "W" had some great advice about McKinney, TX Real Estate referrals?

     

    ___________________________________________________________________________________________

    If you're looking for a home in the McKinney, TX area then search for homes on my main Collin County real estate website at www.ServinginCollinCounty.com.

    McKinney, TX Realtor Kim Daugherty

    Connect with me online at:

    facebook

    twitter

    And don't forget...

    comment

    Just Call Me Spielberg or Scorsese... Thanks RainCamp Dallas!?!

    When I registered as a Platinum ticket holder to attend RainCamp Dallas this past Tuesdy, I tried to imagine all the things I would learn, the people I would finally "meet" and valuable tools I could implement into my business to give it the boost it needed...

    • I pictured meeting Loreena Yeo, Jason Crouch, Debe Maxwell and Donna Harris to name just a few (done!).
    • I pictured learning from two of the most forward thinking men in the real estate industry - Bob Stewart and Brad Andersohn (done!).
    • I pictured myself typing away feverishly on my laptop, following along with each speaker using the Wi-Fi promised the Platinum Ticket Holders (this was the only thing that didn't happen).

    However, I never in a million years pictured myself walking away a movie producer.

    So how and why did this come to be?

    It all happened during one of Brad's talks about valuable FREE websites that we could implement into our business. Information that previously had not even been shared! I was pumped! So I opened up Microsoft Word (I guess having a laptop came in handy for at least THIS purpose) and ended up leaving with 7 pages of notes worth their weight in gold.

    I must have written down a hundred different websites that I could take advantage of. A few I starred, indicating I should pay attention to this one first once I got home and digested the information. But one intrigued me more than the others. What is it?

    www.xtranormal.com

    Xtranormal.com allows users to create video, for free, by just typing the action and words that you want to happen. I immediately bolded, highlighted and starred this one. Guess it's the creative part of me that fell in love with this little product. It was unique. It was different. I wanted to implement it immediately.

    For those of you who weren't able to attend Raincamp Dallas, or any of the other Raincamps this year, I am going to attempt to go through many of the mentioned websites to see how to incorporate it into a real estate business. At first glance, making a "movie" like the one below may not have seemed like a way to generate business. But, we learned that in order to make it, you've got to think outside of the traditional box.

    Who knows...maybe this will go viral and take off so that millions view it. Do you think it will have an impact on my business then?

    Or maybe only 25 people view it here on ActiveRain and that's where it stops. I guess I won't know until I try. And try I did.

    So, with that Active Rain, I give you my first movie from Kim Daugherty productions...

    ...and it's all about the real estate market in 2006. Yes, no-doc loans, underqualified buyers and greedy real estate agents.

    Enjoy Part 1 - Part 2 is coming soon to a blog near you...

     

    ___________________________________________________________________________________________

    If you're looking for a home in the McKinney, TX area then search for homes on my main Collin County real estate website at www.ServinginCollinCounty.com.

    McKinney, TX Realtor Kim Daugherty

    Connect with me online at:

    facebook

    twitter

    And don't forget...

    comment