Broker Ranking Report for The Year 2016

With a new year, we’ve got a lot to celebrate! Better Homes and Gardens Real Estate Gary Greene is the #1 Brokerage in Houston again! We want to thank the thousands of home buyers and sellers who trusted us with one of the most important purchases in their lives. We look forward to helping you in 2017 and hope you’ll give us a chance to show you why we’re number one!

Download this graphic in PDF here.
Download a graphic for spreadsheet here.

BrokerRankingsYTDinMLS_DEC2016-blog

Email Signatures Tell Your Clients A lot About YOU!

The holiday season is always a great time to be in touch and reconnect with clients past and present.  While communicating with Wendy Roloff of our Champions Office, I noted her very festive and well thought out email signature, so I asked her permission to share it.  The email signature below not only conveys the warmth of the season, but it also provides just what TREC wants to see all-year-round when communicating with clients:

First, above the actual email signature is a link to the TREC form Information About Brokerage Services (IABS) in a statement suggested by TAR in a recent Texas REALTOR® magazine article and email post.  It clearly tells the reader what they will get when they click on the link.

(Also attached for clarification are TAR Legal FAQs (TAR Legal FAQs on IABS link to Email and TAR Legal FAQs on IABS) and the front page of two issues of the TREC Advisor newsletter that specifically instructs how the IABS should be delivered.)
TREC Advisor – IABS and Emails
TREC Advisor – IABS and Leases

 One must remember that TREC does not want the IABS link within the email signature and although it is an excellent idea to include it ABOVE the email signature as shown below, the agent is to explain and point out that the IABS is attached when it is part of the first phase of a business relationship and when acknowledgement is being requested in writing.  (See the attached articles for further details.)

Second, see the great disclosure statement above the email signature line:  My statements in this email do not create a binding agreement for my clients.  

 

Due to the Texas law, Uniform Electronic Transaction Act (UETA), statements made by an agent in an email could be construed by a client’s attorney to be binding upon the other party.  Therefore, a statement like the one below included above the email signature can be good protection.  Other statements could include:

“My typed name in this email is not my electronic signature nor the electronic signature of my clients.” Or,  “I do not have the authority to bind my clients to a contract.”

(Both of these statements were taken from the TREC Legal CE course and are not being presented as company policy, only as a suggestion and as a reminder to be cautious when putting negotiations in an email or text.)

Always include your office address and telephone contact information in your email signature.  How else will your client know where and how to reach you.  Be a professional in all ways including providing complete contact information

If these three elements are included “in” and “above” your email signature, your risk level is likely to be greatly diminished.  And, you can wish your clients a Happy Holiday and best wishes all year long!

 (This email signature is being presented as an example with the permission of its author.)

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Merry Christmas and Happy New Year!

Dianne McCoy, Realtor®
ABR, ABRM, CLHMS, CNE, CRB, CRP, CRS, GRI, MCNE, SRES, SRS
Director of Education and Compliance
dianne.mccoy@garygreene.com

Broker Ranking Report for November 2016

As the year draws to a close, we can’t help but be appreciative of all the home buyers and sellers who have trusted Better Homes and Gardens Real Estate Gary Greene with one of the most important transactions in their lives! Thank you for keeping us Number One in all the top categories for Houston area Real Estate!

Download a PDF of this graphic here.

BrokerRankingsYTDinMLS_NOV2016

 

Mid-Year Homes Sales Up 3%

It was a flat month for June single-family real estate sales in Houston.  However, sales through June 30 revealed a 3% increase year-to-date.  Buyer demand is greatest in the $399,999 price range and below and homes above that price range have swung sharply into the buyers’ pendulum.  One of the brightest metrics in the entire Houston MLS Summary is that pending sales in June are up 9% from last year.  This indicates that we will continue to see growth in home sales as we move through the summer months. The chart below displays more credence to the fact that we’re in a real estate market which is healthy in the price ranges below $400,000 and not so healthy in the upper range.

Here’s a peek at the most important stats for June and YTD:


In the chart above, all negative % changes relate to a market where buyer demand has moved from high-end to mid-tier to lower tier prices. Even though more homes have closed year-to-date than last year, average sales price has declined.

Houston Home Sales by Price Class for 2016

What price ranges had the most amount of increased sales in Houston June YTD? The following price classes experienced the largest increase in sales over 2015:

Months of Inventory

$200,000 – $249,999 –up 21%                                              2.8
$250,000 – $299,999 – up 12%                                              4.4
$150,000 – $199,999 – up   8%                                              1.7
$300,000 – $399,999 – up   8%                                              5.4
$400,000 – $499,999 – up   1%                                              7.0

Houston has returned to its’ normal market demand by price of $150,000-$399,999 and most likely these price ranges will remain the most in demand throughout 2016.

The Houston overall market is so large; it rarely reflects the same trends as a submarket area located within its boundaries. Some areas are exceeding Houston’s overall growth in sales while others are lagging behind.  For a breakdown of activity by area with a map, CLICK HERE.

To see the hottest selling geographical areas for the month in Houston, CLICK HERE.

To search for homes by price range and map, go to www.GaryGreene.com.

Data provided by the Houston Association of Realtors® Information Services™, and The Real Estate Center for Texas A&M and written by Toni Nelson, Director of Strategic Initiatives for Better Homes and Gardens Real Estate Gary Greene