Real Estate Update for our Local Jupiter Market



There are many great Jupiter area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (561) 951-9301 for a FREE home buying or selling consultation to answer any of your real estate questions.

Today I wanted to update you on our local real estate market here in Jupiter. I wanted to go over some stats from March of last year compared to March of this year in order for you to make more informed decisions about real estate this spring.
  • Closed sales are up by 8.8% from last year. 
  • The amount of new listings in Jupiter exploded by 55% (241 to 374 from 2013 to 2014).
  • Our average sales price currently sits at $475K, which is a decrease of 15.8%.
  • Median days in market has been cut in half this March. Last year the average days on market was 105, and we currently sit at only 52 days on market! Properties are selling very fast with the proper marketing. 
  • The average list-to-sale price ratio for this March is at 91.1%, but our team is actually averaging 93% to 94%. 
  • Inventory has increased by 39.2% (1,346 in 2014 from 967 in 2013). 
  • Months of supply is also up, and we currently sit at 7.5 months of supply, which is a 35.9% increase.
Hopefully this information was helpful to you.

To wrap this up I would like to show you some of the things that my team is doing to sell homes
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As you can see, these two listings in Abacoa were beautifully marketed and we had them both under contract within their first week on the market.
 
We have another property on the Intracoastal that a man bought less than a year ago and we're helping him to turn it around and make a healthy profit. If you're looking for an investment property, there are some really good deals out there.

The last listing here is not yet on the market. It is a 'coming soon' listing that we have in the gated community of Nativa. It has 4 bedrooms, 5.5 bathrooms, and is 4,000 sq. ft. It has a pool along with some very elegant upgrades such as LED lighting. This home is a must-see and is going to be listed at $1.2 million.

As always, if you're looking for real estate in the Jupiter area, then please feel free to contact me via phone or email. I am always willing to set aside a time for you to discuss your particular situation with me in order to meet your individual needs.

 

The 5 Worst MLS Photos I Have Seen This Year



There are many great Jupiter area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (561) 951-9301 for a FREE home buying or selling consultation to answer any of your real estate questions.

The 5 Worst MLS Photos I Have Seen This Year
Today I wanted to take some time to show you some of the phoniest MLS photos I have come across this year. These are perfect examples of ways you should not be marketing your home.
  1. This heart-shaped bathtub is very romantic, but is it appealing to a wide base of buyers? Probably not. The Mickey Mouse rug in the background doesn't help to neutralize the home either. When you look at this photo do you see a nice bathroom, or do you focus on the goofy features? Avoid leading your buyers astray with distractions like this.
  2. The next photo is a very distorted hallway photo. I am not sure why the realtor would use this photo, but they did. The true dimensions of the hallway are distorted terribly, and it gives the potential buyer no idea of what the hallway might look like in real life. It looks like it could be a very nice hallway, but the fish-eye lens is doing it no justice. Make sure your buyers can see your property clearly.
  3. This 'selfie' photo of the agent and the shower head is puzzling. He seems to have missed the shower and gone straight to the shower head. This photo doesn't look very professional, and it also doesn't highlight a nice-looking shower.
  4. This photo with the dirty litter box in the shower is pretty bad, and I feel awfully sorry for the sellers. I'm not sure why anyone would ever post this photo on the MLS. For future reference - don't photograph litter boxes for MLS photos.
  5. The photo of this apartment or condo is actually very nice and appealing - until you look in the corner and see a 'Chucky' doll that is wielding a knife. In an otherwise great photo, this one creepy little detail absolutely ruined it. I don't know why they didn't remove the doll beforehand, because the condo looks very nice otherwise. 
Hopefully some of these photos made you laugh, but I also hope they made you more aware of what a bad MLS photo looks like. At our office here in Jupiter, we use professional photographers and stagers so your photos never look like the ones I have shown you. 

With 97% of buyers looking online, it is important for you to have the best photos possible to attract the most buyers towards your property. 

If you would like to arrange a time to sit down and talk with me about our home staging strategies, or if you would like to speak about real estate in Jupiter, then please do not hesitate to call me.

My Buyers Agents Always Work in Your Best Interests



There are many great Jupiter area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (561) 951-9301 for a FREE home buying or selling consultation to answer any of your real estate questions.


Working as a Team vs. Working on Your Own
Today I'm going to be talking about the pros and cons of working with a real estate team opposed to operating as a single agent. I've been in this business for 14 years and worked on my own for quite a while with a large amount of success, but there comes a point in time where your business grows so large that you have to leverage out. 

You probably know about the law of leverage and specializing in certain areas to maximize productivity. I specialize in the listing side of the business, so I work with a lot of sellers. As my business expanded, I started working with more and more buyers, and it has reached the point to where I now have 5 buyer agents to handle all the leads that our marketing is bringing in. I am going to briefly introduce my team of professionals to you if you have not met them yet.

Rebecca Winter is my executive assistant, and she has been working with me for just a little over 5 years. She helps me with the marketing aspect, paperwork, and also keeping in touch with past clients in a customer service type of approach. 

Judy Roedel is our client care coordinator and our transaction coordinator. She helps with the entire process from contract to close, making sure that all the hundreds of details are taken care of. She also makes sure all the deadlines are met within a timely manner. 

All of my buyer specialists work in different areas and can find you a perfect home in whatever neighborhood you want to move to. This team of professionals includes: Carey Murray, McKinley Navaroli, Kelly Rue, John Clairmont, and Erin Duke-Warren. These agents will represent YOU at all times and put 120% of their effort into finding you a perfect house. They're not working for sellers, they are pounding the pavement to find you a perfect home. Buyers agency is highly recommended in this state and in this area, and it will certainly help to get you a satisfactory home.

I know you may not see me often, and that's because I am running this team of professionals who are committed to your satisfaction. I just wanted to take the time to introduce you to my team and show what we can do for you. 

Thanks for watching, and if you have any comments, questions, or concerns, feel free to contact me at (561) 951-9301 or email me at dylan@dylansnyder.com