Daily Overview

1. Happy Monday, thanks for joining. 
   We are in the last days of April, it has been rapid 
   
   

2. Stats 
   Increase in new listings from 523 to 710
   Back on market increased to 68
   Prince increase went down to 69 
   Active KO  went down to 7
   Active Option went down to 207
   Active Contingent  went up to 77
   Pending sales went up to 345
   Closed sales went up to 333
   Expired went up to 26
   Canceled went down to 93
   Withdrawn went up to 13 
   Hold went up to 36
   Coming soon went down to 68
   
   *ARE Pricing Audit Worksheet 
   LINK to document
   We can use this document and share it with each other on our meetings so we can analyze the look and feel.
   We need to know what the competition is - make some internet search 
   Market trends - we can add what we see on the weekly stats 
   
   
   

3. Listings
   
   Active Listings: 
   
   12660 Hillcrest Road Unit #6203
   Little condo in Dallas 
   There's currently 2 similar ones on the market - they have been in the market over 100 days 
   Listed at $225,000
   No showings / no calls 
   Gated condominium - 2 pools, gym, walking trails 
   
   3221 Sunday Silence Lane 
   Mustang Lakes  
   Not much activity 
   There are some new builds nearby
   
   903 Saddle Club Way Princeton, Texas
   Affordability - great option 
   Had a buyer and wanted to get a second showing, but then backed out -first time home buyers
   
   1308 Kittyhawk Drive, Little Elm 
   When you walk into the house it feels good. So we are trying to get people into the house and to see the property personally. 
    Open house this weekend 
   No calls and no showings 
   
   Lot 22 Lake Breeze Drive , McKinney, Texas
   Nobody inquired on showing time or broker bay.
   
   7520 Harvest Bend Lane
   Open house - people liked it but some want things we can't change like more garage space, more bedrooms.
   
   2424 County Road 855, McKinney, Texas
   May have a price reduction 
   Had a second showing but didn't have space to add their golf simulator, needed a bigger pantry.
   

   1504 Berry Ridge Trail Aubrey
   Pricing - just because something is priced the lowest doesn't mean it is going to solve the problem. 
   People base their shop on emotion and value - they use higher priced homes as benchmark.
   
   3640 Sevilla Drive, Frisco  
   Might have a price reduction
   Had some showings - low offers below 500,000 
   Lack of dining space is an issue   
   
   5906 Wessex Court 
   We had it terminated and back in contract 
   Inspection the roof 
   
   7060 Eagle Vail Drive 
   2 showings last week - no feedback from the agents  
   
   3813 Cross Bend Road 
   New photo of the fence will be taken
   Had a few showings 
   $639,000 - we think we are in a good price point  
   
   12816 & 12818 Pandora, Dallas 
   No activity   
   
   1513 Hidden Cove Court, Allen 
   Open house this weekend - just 1 couple came through
   They said it felt a little crowded with the furniture  
   
   6008 Lost Valley Drive, The Colony 
   It's been a while on the market 
   A few offers - trying to agree on a number and hopefully we'll get it written down.
   
   
4. Contract language 
   When the buyer is asking the seller to cover expenses 
   paragraph 12 Settlement and other expenses 
   There is not an out for the sellers not to have that.
   
   *Remember to check your properties if there's been storms or hail.