Some of Arizona’s most Successful Agents call John Hall & Associates home.
Monthly Archives: September 2008
We're 'team' players.
So, I heard a rumor that some agents think John Hall & Associates does not encourage teams. Not true. I’m not sure how or where this got misstated, but I’d like to set the record straight. Of course we encourage teams. We have several very successful teams that have built their careers with us. Maybe the lines got crossed because we don’t build them for you? I’m not sure. Anyway, I asked Marge Lindsay (VP) what she thought about teams in real estate. Here is what she had to say…
Does a team concept work in today’s market? My response would be a resounding YES. Notice how many successful teams are thriving in what is referred to as a “bad” market, or a “declining” market, or even a “depressed” market.
If you have the right structure, the correct personalities, good education and training it could be wonderful for you too.
You certainly need a leader, but you can all support one another; encourage each other; trade preferences and provide incredible service to your clients as a result of this. When I say trade preferences, you may be better at the listing side of the business while another prefers working with buyers. You may not like open houses, but another team member does. You love geographic farming while another doesn’t. Collectively you can make a “whole” – again with superior service to your clients.
Marge Lindsay – Vice-President/Director of Training – John Hall & Associates
So there you have it. You want to build a team or move your team to John Hall & Associates, you are welcome.
A flexmls learning opportunity for all our readers.
We are inviting all our readers who have flexmls questions to our Scottsdale office on 9/30/08. You read it right – we are opening this class up to all real estate agents who stop by and read these articles regardless of your brokerage. (Don’t worry, there will be no John Hall “sales pitch”, email collection, etc.)
This class will be loosely structured with the intent of answering as many questions from you as possible. I get asked multiple questions a week from agents that are still learning how to use the basic features of the system along with how to use the Map Search, Auto-Emails, and Client Portals. The Closing Cost Estimator (Net Sheets) now auto-calculates fields. Have you tried it yet? Come on down and BRING YOUR QUESTIONS. (All I ask is that you let me know you’re coming. (602) 953-4043 x2223)
Laptops are welcome, but not required. We have wireless internet for anyone who wants it.
Who: Taught by Phil Sexton with John Hall and sponsored by Tara Carter with Old Republic Home Protection
What: Informal Flexmls Q&A
Where: John Hall & Associates’ Scottsdale Office – Map
When: Tuesday, September 30th 9-Noon
Do you have other class ideas? Leave us a comment and let us know.
Notes from RE Blog World 2008
Nothing that happens in Vegas stays in Vegas. Unfortunately I’ve learned this the hard way (3 times). However, this last weekend, unlike most Vegas trips, had good stuff come out of it. The RE Blog World Expo 2008 was held at the Las Vegas Convention Center 9/19 – 9/21. Here is my report of some of the golden nuggets that I learned and some of the changes you may see around PhoenixRealEstateBrokerage.com and JohnHall.com.
Day 1 – RE Blog World
→ Good buttons to have on the top of your blog/website: “Search for Homes”, “Find the Value of Your Home”, and “Receive Weekly ‘Best Buys’”
→ Use photos. Label photos. It helps create a sense of place and google likes photos (with alt tags).
→ Organic traffic from search engines is the most valuable kind.
→ Companies should set up a YouTube channel, LinkedIn account, Twitter account, etc.
→ Eyejot.com is the reason I am high-jacking my wife’s webcam.
Updated ARMLS Graphs and Statistics (for John Hall only)
Attention John Hall & Associates agents,
We have updated the Excel file on our intranet to reflect the latest numbers from ARMLS. The file includes the following graphs in an editable format so you can use them however you would like.
*All graphs use data for the Metropolitan Phoenix Area:
MLS SALES 2000-2008
# OF MLS LISTINGS & SALES 2002-2008
AVERAGE DAYS ON MARKET 2002-2008 – Condos and Homes
AVERAGE & MEDIAN SOLD PRICES 2001-2008
PERCENT OF LISTINGS SOLD 2002-2008
SALES PRICE vs LIST PRICE 2000-2008
AVERAGE SOLD & NEW LIST PRICES 2001-2008
MEDIAN SOLD & NEW LIST PRICES 2001-2008
AVERAGES SALES PRICE PER SQUARE FOOT 2000-2008
ABSORPTION RATE (MONTHS’ SUPPLY) 2005-2008
NEW MLS LISTINGS PER MONTH 2001-2008
SOLD LISTINGS THAT WERE VACANT 2000-2008
(h/t Leif Swanson)
Happy Marketing!
1st USA Realty becomes Century 21 Premier
Where have all the independents gone?!
1st USA Realty is the latest locally owned independent brokerage that has changed their name. The AZ Republic reported today that 1st USA Realty is now Century 21 Premier.
We thought this would be a good time to remind all that John Hall & Associates has been a stable brokerage in the Valley of the Sun since 1974. We have been a locally owned and operated, independent real estate company the entire time. We offer stable and consistent fees, support, and education for all our REALTORS®.
All offices are open to all John Hall & Associates’ agents – Scottsdale, Paradise Valley, Arrowhead, and Tempe. We offer technology classes (including in-house flexmls® Web support), weekly *optional* broker meetings with Jim Sexton(Owner/Designated Broker), subsidized GRI classes, and let’s not forget one of the most recognizable for sale signs in the Valley.
If you want to learn more about John Hall & Associates - let us know - our lips are sealed.
August Foreclosure Numbers – Phoenix Metropolitan
We got an excellent email last week from Tom Ruff with The Information Market. It’s a quick read - packed full of local market information.
Subject: August Foreclosure Numbers
Well, we finally have some good news….college football season is here, more time in the sports section and less time in the money section would probably be a good thing about now. The market always seems to overreact. When we thought prices should have flattened in September of 05, they continued to rise through the middle of 2006, now we’re approaching the other end of that equation, the market correction. The news for August was bad, and for the doomsayers who believe the Mayan calendar ending December 2012 was done to predict the bottom of our housing market, August numbers just add more fuel to the fire.
Our Net Works Better-er
We liked the title of that post so much, we used it again! And it’s true, we are excited to announce that all John Hall & Associates’ listings now show up on TribuneHomeFinder.com.
This newly-released metro Phoenix home search site, gets a lot of its traffic from their partner websites: EastValleyTribune.com, Ahwatukee.com, and YourWestValley.com. But, as you may know, the Tribune has many local papers around the valley and has been working with them all to increase the traffic to their new site.
Like all companies that John Hall & Associates partners with, there is no extra fees or maintenance for the added online exposure.
Happy Marketing!
Preliminary Metro Phoenix Home Sales Figures for August '08
All August numbers are from ARMLS.
Active Listings: 51,807 (down over a thousand from last month)
Closed Sales: 5,800 (down 150 from last month)
August is going to mark the third month in a row there has been year over year increased sales. In fact, August had 33% more sales in ’08 than in ’07. That’s the good news. The bad news? Prices are still adjusting with the average falling $12,000 from the previous month and median down $5,000. When compared to the same month last year, there has been a 30% reduction in average price ($106,000) and a 25% reduction in median price ($60,000).
Some more statistics…
The market below $350,000 is still functioning much closer to normal than the market above $350,000, with a 7.1 month supply of inventory. (36,306 listings/5,057 closings)
Current listings that are vacant is running about 54% – with the initial numbers from flexmls showing 76% of the August sales being vacant homes.
(Click here to receive future articles as an email.)
Diverse Solutions vs Killer IDX
As you may know, both Diverse Solutions and Killer IDX provide free web tools for all ARMLS members. The tools are similar in that they are webpages for searching homes listed for sale in ARMLS and they are similar in cost, $FREE.99 - but this is where the similarities end.
Dear Phoenix Association of REALTORS® members,
This is your close to official notice that REALTOR® members of PAR may now vote (for Marge Lindsay) on-line for the 2009-2010 PAR Directors and 2009 AAR Directors from PAR.
All you need to do is go to http://www.paronline.com and click on the word VOTE (for Marge Lindsay).
On-Line voting (for Marge Lindsay) runs through 5:00 PM, Thursday, 9/23/2008.
This is an all electronic election. If you are an associate that does not have email, go to PAR, present a photo i.d., and you will be assisted by staff in assigning a PIN code and using association computers to cast your vote (for Marge Lindsay).
PLEASE VOTE (for Marge Lindsay)…YOUR PARTICIPATION IS VERY MUCH APPRECIATED.
Thank you,
John Hall & Associates & The Phoenix Association of REALTORS®
Designated Broker Office
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