Buying and selling real estate in a new COVID-19 world

The Jason Brown Group

I’m sure most of our clients, friends and family never envisioned spending so much time in their homes… A home for most was a place to relax after work, events and activities but it’s become THE place for work, events and activities. From a real estate agent stand-point, it’s no longer business as usual in the ever-changing world of sheltering-in-place, self-isolation, quarantines, lockdowns and general social distancing.

Real estate is considered an essential service and my group has maintained a focus on getting all of our current real estate transactions through to closing. Every deal my group has been involved with since the COVID-19 situation began has made it through to closing, including several more the past week… It’s taken a lot of work, planning and diligence to make it happen in such a volatile work environment. For clients without a pressing situation, we’ve been busy working on timing of things to jump in the market once the current situation has settled.

For home sellers in the urgent situation of already having their current home under contract, already having purchased another home, being in the middle of a relocation, or otherwise soon to be in a homeless situation, we continue to work daily to help those sellers. We’re taking all possible precautions, including the showing restrictions in place on our listings. For sellers earlier in the process or without a pressing need, we continue working closely on getting homes prepared to go on the market with a future target date in place. This allows our sellers to address any improvements, repairs and cleaning, and allows us to prepare for photos, staging and pre-marketing… Our seller’s homes are really going to shine once they hit the market!

For home buyers in an urgent situation of already having their current home under contract or sold, being in the middle of a relocation, facing the end of a lease agreement, or otherwise in a soon-to-be homeless situation, we continue working closely with our buyers to locate a home. We’re taking all possible precautions, even bringing hand sanitizer to all showings. A critical part of our success is that we choose to work with the best mortgage lenders, title companies and critical alliance partners in the area… Everyone that I personally recommend has bent over backwards to help me and help my clients get the real estate transactions through to closing!

If you’re in a situation where a move can wait, let’s put together our plan now for going on the market or starting the home search, once the health crisis has settled down. But if you’re in a situation where a move is critical, my real estate group is ready and able to assist you. Were using special COVID-19 contract addendums to help with guidance through the real estate process.

Regardless, everyone’s safety — ours, our clients and everyone involved in the real estate process — is of the highest priority to my group and we’re taking all precautions every step of the way, including no one in the same car, six foot rule, using hand sanitizer for showings, conducting virtual meetings, Facetime showings, having only principals to the transaction present, etc.

The Jason Brown Group is here to help… Stay safe and reach out with any questions, 913-915-6008.

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Get more than simply a yard sign and post and pray tactics when selling your home

 The Jason Brown Group

Putting our clients at a competitive advantage

Get more than simply a yard sign and post and pray tactics when selling!

Our 100 step marketing plan and client update systems will allow you to rest easy and net top dollar when selling…

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The Jason Brown Group
Five Star Client Satisfaction Award 11 times
Involved in 1,000+ area home sales

Top 1% area Keller Williams agents past 15 years
Member of office’s ALC board of directors
Elite online presence with 1 million+ visitors

Exceptional service is priority #1

www.JBPRealtyGroup.com

Know someone planning a move?  Can you help us make a connection?

Jason Brown
Call or text: 913-915-6008
Email:
jasonbrown@kw.com

The Jason Brown Group with
Keller Williams Realty Partners
#1 producing real estate office in the metro
6850 College Blvd, Overland Park KS 66211
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Kansas City real estate update ~ June 2019: Kansas City MO market stats and home trends

The Jason Brown Group

Kansas City Real Estate Update

There were 196 homes sold (closed) in Kansas City the past 15 days. Comparing that sales volume to the 771 homes currently for sale in Kansas City, the city has 2.0 months of inventory on the market. This volume of real estate inventory indicates a seller’s market in Kansas City and a shortage of available housing inventory in the city. The average new listing the past 15 days in Kansas City came on the market around a $210,000 list price and the average sales price of homes closed during the same time period was nearly $192,000.

Type # Average $ Avg DOM
Listings Past 15 Days 276 $209,680
Total Active Listings 771
Newest Contracts Written 251 $201,034 48
Sold (closed) Past 15 Days 196 $192,430 58

* The Average $ of Newest Contracts Written considers the list price when the homes went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in a category can skew results. Stats cover approximately 15 days from post date. DOM = Days On Market.

The last 196 homes sold in Kansas City were on the market an average of 58 days, while the most recent 251 homes to go under contract did so in 48 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Kansas City home.

The Jason Brown Group provides expert home seller representation, helping home sellers maximize their real estate investments by selling quickly and for top dollar. We provide expert home buyer representation, helping home buyers locate the best available homes on the market, while providing guidance all the way through the real estate process. Learn more about how we can help you with selling a Kansas City home or buying a Kansas City home.

We look forward to helping you achieve your real estate goals… Contact Jason Brown today!

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#1 Home Seller Objective… Sell quickly? Sell at max value? Sell in an organized fashion? Something else entirely?

The Jason Brown Group

We see 3 common objectives with the majority of our home sellers: Sell quickly, sell for max value, and sell in an organized fashion.  It’s the selling trifecta. Yet while these are the basis for most home sales, it would be a mistake to assume that all — or even one — of these objectives is most important to a specific home seller. Therefore we ASK our sellers to let us know their #1 home selling objective. Whether it’s one of the 3 common objectives, or something else entirely, if we don’t ask there’s just no way we can truly help a seller achieve their real estate goals. After determining a seller’s #1 home selling objective then we can dive into the other important factors in selling a home.

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One of the critical factors in selling a home is showing condition of the property. This is something that in most cases a seller can control and we’re able to suggest repairs, updating and staging that can help sellers maximize the financial return on their real estate investment. With buyers frequently doubling the estimated costs of deferred maintenance and repairs that would need addressed after closing, it almost always makes senses for a seller to consider making essential repairs, updating and staging efforts prior to going on the market. With the experience of 1,000+ area home sales, I’m on top of the latest trends and able to provide sellers valuable free insight into what buyers are looking for in the price range. Should a home stager need brought in, I’m connected with the best stagers in the area. I also understand that some selling situations simply don’t involve the ability — time, financial means or interest — to implement such recommendations… And that’s OK.

Another factor we discuss is marketing of the home. My group has a system in place to effectively market a property in today’s real estate market and we follow our plan to T. We’re constantly monitoring what is working in today’s real estate market and we’re always prepared to make necessary adjustments that ensure we’re on top of the most effective means of marketing a home. I will never be the type of agent who just puts a sign in the yard and hopes for the best. There’s much more to selling a home than that and it’s my goal to exceed client expectations in getting the word out to buyers and buyer’s agents.

Communication is an often overlooked trait and poor communication is something that can really cause problems. If communication is weak in the early stages, it’s unlikely to get better later in the process. Real estate is ever-changing and there’s critical communication that needs to happen between a listing agent and seller. Without clear communication, how can a seller know what’s being done to market the home? How showings are going? How feedback is going? How the real estate market is doing? Does pricing need evaluated further? What are the recommended next steps? I have clients tell me all the time that they’ve never worked with an agent with clearer or as frequent communication. It’s my goal to head something off before it becomes a problem or explain something before my client has the need to ask about it. And this direct communication with my sellers is something that most other large real estate groups instead have an assistant handle. I handle all communication directly with our sellers every step of the way.

Home pricing is the selling factor that typically trumps all other aspects of the selling process. In most cases, there’s little that marketing, organization or a seller’s objectives can do to overcome a severely overpriced home. So it’s vital for a listing agent and seller to have a candid conversation about pricing before a home goes on the market, and then at regular intervals thereafter if a home hasn’t gone under contract. In most cases, it’s possible to provide a seller with a detailed market assessment, factoring in property location and property condition, and to provide a likely sales price range… Along with providing a seller the likely expected outcomes at different price points, time intervals, etc.

When you schedule me to come to your home, you can count on me going over the 4 primary selling objectives: How to sell quickly, how to sell for max value, how to sell in an organized fashion, and to ask… What’s YOUR #1 home selling objective?

Learn more about The Jason Brown Group

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Shortage of real estate inventory means NOW is the time to sell… Especially under the $500,000 price range!

The Jason Brown Group

Inventory in Johnson County Kansas has been down for more than two years and right now we’re hovering around 2 months of inventory in many areas. 5 to 7 months of inventory is considered a balanced market.  In my 25 years in the real estate industry, I’ve never seen anything like it. Right now in Olathe Kansas we have the lowest volume of inventory I’ve ever seen… There’s just 1.6 months of inventory on the market!  That’s simply are not enough homes to meet demand and I’m in search of listings to put on the market right now, especially in the under $500,000 price range.

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If you know ANYONE thinking about selling their home, I can help them. I’ll run a market assessment to show them where they’d be if we were in a balanced real estate market. Then I’ll show them what the current market means to them. In quick moving areas right now, buyers in the $400’s price range can likely add 4 to 6% on to the list price and still get great activity… Buyers in the $300’s price range can likely add 6 to 8% on to the list price and still get great activity… Buyers in the $200’s price range can likely add 8 to 10% on to the list price and still get great activity.

My cost effective listing preparation tips help sellers get their homes ready to go on the market quickly and with the least amount of hassle possible. We then get to work to get our seller’s homes under contract quickly and SOLD for the highest possible price. I definitely have the experience and systems in place to ensure my sellers get the best possible deal.

If you know anyone considering a move, PLEASE let me know or have them call me… 913-915-6008. I’ll go out of my way to take care of them and make sure they get a great deal! We definitely go above and beyond for our clients, including right now we’re having a promotion assisting buyers with the costs of a home inspection during the home buying process… See promotion details here!

The Jason Brown Group

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FREE 1 Year Buyer Home Warranty… FREE Seller Carpet Cleaning… Thank You Gift for First Responders… The Jason Brown Group’s Quarterly Promotions

The Jason Brown Group

The Jason Brown Group’s quarterly promotions are in effect through the end of October… We’re helping home sellers with the costs of a carpet cleaning prior to putting their home on the market and we’re helping home buyers with the costs of a 1 year home warranty at closing! If you’re a First Responder, we’re giving all police officers, firefighters and paramedics a special additional closing gift as a thank you for your service to our community!

Details and restrictions

START THE BUYING OR SELLING PROCESS HERE!

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Kansas City MO real estate update for January 2017… Get details on the Seller’s market & search Kansas City homes for sale

The Jason Brown Group

Kansas City MO Real Estate Update

There were 276 homes sold (closed) in Kansas City MO the past 15 days. Comparing this sales rate to the current 1525 homes for sale in Kansas City, the city has 2.8 months of inventory on the market. This volume of real estate inventory indicates a seller’s real estate market in Kansas City. The average new listing the past 15 days in Kansas City Missouri came on the market around a $180,000 list price, while the average sales price during the same time frame was nearly $161,000.

Type # Average $ Avg DOM
Listings Past 15 Days 190 $180,154
Total Active Listings 1525
Newest Contracts Written 239 $145,103 71
Sold (closed) Past 15 Days 276 $160,809 61

* The Average $ of Newest Contracts Written considers the list price when the homes went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in a category can skew results. Stats cover approximately 15 days from post date. DOM = Days On Market.

The last 276 homes sold in Kansas City Missouri were on the market an average of 61 days, while the last 239 homes to go under contract did so in 71 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Kansas City home.

The Jason Brown Group gives Kansas City home sellers powerful representation and we get the majority of our homes sold in 30 days and for nearly 99% of list price. We represent Kansas City home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Kansas City home or buying a Kansas City home and contact us for personal real estate assistance.

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The Jason Brown Group’s 4th Quarter Real Estate Insider ~ Kansas City, Johnson County KS, Overland Park, Olathe, Lenexa, Leawood…

The Jason Brown Group

4th Quarter 2016 Real Estate Insider
The Jason Brown Group

Seller’s market continues in most areas…
CLICK HERE to check your area stats

FREE Seller home staging thru end 2016…
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What’s your home worth?…
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FREE Buyer inspection thru end 2016…
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The Jason Brown Group
www.JBPRealtyGroup.com

Five Star Client Satisfaction Award 10 straight years
Top 1% in Keller Williams Heartland multiple times
Top 10% in Johnson County Kansas past 10 years
Involved in the sale of 1,000+ metro area homes
Elite web presence with 1 million+ visitors

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When SELLING your home, don’t list it until you’ve spoken with us… We will provide expert selling representation and a great deal!
When BUYING your home, don’t start the home search without us… We will provide expert buying representation at no cost to you!
 

 

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Hot Kansas City Real Estate Market Continues through 2nd Quarter of 2016

The Jason Brown Group

During the 2nd quarter of 2016, the volume of home sales has continued to rise and home sales prices have followed. As it has for around a year now, the supply of homes for sale is failing to meet the buyer demand for homes. Not only has supply not started to correct itself, the volume of inventory has continues to go down while the demand for homes has remained on the rise.

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Kansas City area home sellers continue to obtain a very high percentage of their asking price with most obtaining 98% to 100%+ of asking price. Closings in the metro area rose 4.9% in the 2nd quarter with 11,605 home sales this year compared to 11,065 2nd quarter of last year. There were 8,582 homes for sale during the 2nd quarter this year and that’s a huge drop from the 11,894 homes for sale at this time last year… And compared to 4 years, listings are down an incredible 40%!

Overall in the Kansas City metro area, there’s 2.8 months of inventory on the market. That volume of inventory indicates a Seller’s real estate market. At this time last year there was 4.2 months available and while that’s still a seller’s market, it’s a much stronger seller’s market right now. And 3 years ago there was 5.7 months of inventory and that amount of inventory represented a balanced real estate market. Essentially we have about HALF the number of homes available for home buyers as we did a few years ago. This is a major reason home sellers have obtained an average sales price of $186,000 metro wide, which is $10,000 higher than 2nd quarter a year ago.

The current hot summer real estate market looks very much like it will continue right into the fall, and possibly all the way through it. But there’s also a lot going in the world that could change things… And interest rates are sure to rise at some point. The election year has historically played a role in the direction of the real estate market and nobody knows for sure just how that’s going to turn out. For now, we remain in a very fast paced market. If you’re thinking about making a move, give me a call to discuss the effects our current market have on your home buying and home selling decisions.

 

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If You’re In The Market To Sell Your Home, You’ll Want To List With The #1 Real Estate Office In Johnson County KS

The Jason Brown Group

My Overland Park Keller Williams office SOLD double the number of homes in December as the #2 office in Johnson County Kansas. If you’re in the market to sell your home, list it with an office that sold $24 million in real estate in December — that’s $10 million MORE sold than the next closest Johnson County Kansas real estate office. This includes all offices within all brokerages, including Keller Williams, Reece and Nichols, Re/Max, Platinum, Better Homes Gardens offices, etc.

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Over the past decade, The Jason Brown Group has sold our average listing within 60 days and for 98% of list price. We’re in the best seller’s market we’ve seen in years and we can help you get your home sold QUICKLY, for the MOST MONEY and we will make it EASY on you every step of the way! Call (913-915-6008) or email (jasonbrown@kw.com) us today, we look forward to discussing getting your home SOLD!

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