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Ted Wight is a Broker- Salesperson with Dielmann Sotheby's International Realty. Ted is the #1 agent in the office & a top-ranked realtor in the St. Louis area.
Ted is ranked #3 in the St. Louis Metropolitan area by closed sales volume for 2014. As published today in the St. Louis Business Journal. This includes St. Louis, St. Louis City, St. Charles, & the following: Adair, Audrain, Benton, Bollinger, Boone, Butler, Callway, Camden, Cape Girardeau, Carter, Cedar, Chariton, Clark, Cole, Cooper, Crawford, Dallas, Dent, Douglas, Franklin, Gasconade, Greene, Grundy, Harrison, Kickory, Howell, Iron, Jefferson, Knox, Laclede, Lawrence, Lewis, Lincoln, Linn, Livingston, Macon, Madison, Maries, Marion, Mercer, Miller, Moniteau, Monroe, Montgomery, Morgan, New Madrid, Osage, Ozark, Perry, Phelps, Pike, Polk, Pulaski, Ralls, Randolph, Reynolds, Ripley, Saline, Schuyler, Scotland, Scott, Shannon, Shelby, St Francois, , Ste Genevieve, Sullivan, Taney, Texas, Warren, Washington< Wayne, Webster, Wright
I love the nice reviews that some of my recent clients have given me on Zillow. Read them all HERE
"Ted is an amazing realtor, he knows the market and did a great job positioning our house in the market with targeting advertising and strategically planned open houses. Ted effectively guided us through preparing the house for sale, the contract negotiation and ultimate closing. Ted is a pleasure to work with and I would highly recommend him to anyone considering buying or selling a house."
"Ted was beyond helpful throughout the entire process. He knows the central corridor of St. Louis extremely well and heavily marketed my listing, which we had under contract within only nine days."
"We worked with Ted for over a year looking for our perfect home. He was always on top of showing us new listings and was very helpful in the negotiation when we finally found the one. Ted shared his expertise when it was time to put our previous home on the market and we received multiple offers from day one."
"We bought land upon which to build in Jan 2014, and sold our house in Webster Groves with him last month. He's wonderful, the last I heard the no. 2 high-volume salesperson in St. Louis. His most conspicuous differences from typical realtors are his responsiveness, expertise, efficiency and vast local knowledge. We recommend him unreservedly."
"Ted Wight truly is an amazing realtor! He definitely goes beyond any expectations of service and availability! Ted is very dedicated to the business and understands the true realities of the market. He is serious and professional but makes the often stressful process, fun. Ted really makes one feel as if they are his only client."
Check out this neat eco-friendly alternative to cardboard boxes. More durable, sturdy, and stackable! Personally, I feel like this is a great idea and so much less work than having to assemble all of those cardboard boxes and tape them and then fill them only to then end up destroying them and having to find a way to get rid of the mass of beaten boxes when you are finished unpacking. Plus they offer free delivery and removal.
Here are the top ten most expensive condos sold in the St. Louis area for 2014. It blows my mind to think that a few weeks ago when I was in South Beach, that a 800 Sq. Ft. Condo sells for around $2,000,000.
1. 50 Brighton Way #3S, Clayton, 4100sqft, $1,075,000
2. 4909 Laclede Ave #2001, Central West End, 2,795sqft, $1,100,000
3. 155 Carondelet Plaza #709, Clayton, 2,993sqft, $1,100,000
4. 155 Carondelet Plaza #503, Clayton, 2,719sqft, $1,125,000
5. 155 Carondelet Plaza #509, Clayton, 2,993sqft, $1,152,500
6. 232 N. Kingshighway Blvd #2401, Central West End, 3,005sqft, $1,250,000
7. 155 Carondelet Plaza #302, Clayton, 2,862sqft, $1,250,000
8. 150 Carondelet Plaza #2202, Clayton, 3,044sqft, $1,350,000
9. 150 Carondelet Plaza #1801, Clayton, 3,744sqft, $1,950,000
10. 150 Carondelet Plaza #1902, Clayton, 3,346sqft, $2,050,000
Just a quick look at who were the top individual Realtors in St. Louis in 2014 in the Central Area (Ladue Schools, Clayton, University City and Central West End)
Mark Gellman- Coldwell Banker Premier
Ted Wight- Dielmann Sotheby's International Realty
Sabrina Robb- Dielmann Sotheby's International Realty
John Ryan- Coldwell Banker Gundaker
Ann Carter- Janet McAfee
Barbara Wulfing- Janet McAfee
Joanne Iskiwitch- Coldwell Banker Gundaker
Virgina Bundy- Gladys Manion
Megan Rowe- Laura McCarthy
Matt Litwack- Berkshire Hathaway
I am ranked #2- though #1 is part of a large team.
In the whole St. Louis MLS- which covers a good portion of Eastern Missouri, I am ranked #14- though again there are lots of teams above me. I will look forward to the St. Louis Business Journal ranking when it is published this Summer. I was #3 in 2013 for individual Realtor sales....I think I may move up for the 2014 rankings. We will see!
While there are some accessories every room needs to make it look complete, there are others that can attract the wrong kind of attention. Visual clutter can detract rather than add to a home's beauty, not to mention its ability to function well. Here are six common accessories your home can really live without.
No one needs a carpet-like covering for their toilet seat lid. Nor does anyone need a matching rug that fits cozily around the base of the toilet. For one thing, these items are breeding grounds for germs and are just something extra to wash. For another, do you really want todraw attention to the toilet by decorating it? Better to allow the toilet seat lid to be naked and place a small, attractive throw rug on the floor a little ways out from the toilet.
Alex Wilson/Photodisc/Getty Images
2. Lots of Picture Frames
Lots of mismatched picture frames hung on the wall or sitting on a table--particularly ones that are too small or are cheaply made--are distracting. Family pictures are important, certainly, and it's hard to let go of some for sentimental reasons. Instead, select some favorites and give them a place of prominence by putting them in nicer frames and displaying them with more purpose. Create one gallery wall, for instance, or line your staircase with your favorites. Make a console table home to a handful of tastefully framed photos, and donate the rest of those frames to a good cause.
Alternatively, you could spray paint mismatched frames the same color so they look more cohesive when displayed as a group.
Floral Curtains. Ingrid Rasumussen / Getty Images
3. Outdated Curtains
You may be surprised to hear that some rooms don't need curtains. Yep, you read that correctly. There are a number of reasons you may be able to do without them. First, if you are lucky enough to live in a home with beautiful windows--perhaps you even have original woodwork--then maybe you shouldn't be covering it up with layers of fabric. Secondly, if you live in a rural or wooded area, there are some rooms in your home that don't need the privacy curtains afford. Finally, to put it plainly, some curtain choices are just not the most flattering. Take a look at your curtains. Does the print or style seem dated to you? Are they faded by the sun? Are they too short for the window? If any of this rings true for you, it may be an interesting experiment to take them down and live without them for awhile. You may just enjoy the view enough to leave your windows uncovered; however, if you want or need to replace them with something, try bamboo shades or shutters topped with a simple valance or tailored panels.
4. Florists' Vases
Who doesn't have a lot of these stuffed in a cupboard? Cheap glass vases are something else your home doesn't need. Get rid of them! Aim to have three to four pretty vases in different sizes to use for fresh flowers, but that should be plenty.
One exception to this, however, is if you can use these glass vases for something else. I spray painted my collection of florists' vases white to create a collection of faux milk glass that I have displayed in our bookcases. If you're looking for ways to fill your built-ins, this could be an easy and inexpensive solution; but, otherwise, ditch the extra glassware.
Artificial Flowers in Basket. hudiemm / E+ / Getty Images
5. Fake Flower Arrangements
Some artificial plants--such assucculents, for instance--can actually look great; however, if you have any large, artificial flower arrangements in your home, chances are they're dusty and dated. This goes for fake trees, too. Since every room needs something living, though, consider a live tree, easy-to-grow houseplants, a small vase of fresh flowers, or simply a bowl of fruit on the table.
Lots of Knickknacks. Swell Media / Uppercut Images / Getty Images
6. Too Many Knicknacks
Accessories are great--even important for adding personality to a room--but too many of them can make your home feel cluttered and messy, even when it's clean. If you have large collections with which you don't want to part, simply rotate out the pieces from time to time. There's no need to display everything all at once. Resist the urge to cover every surface with tons of tiny tchotchkes and instead, follow this fool-proof rule of thumb: choose three objects in a larger scale (rather than a lot of small things) in varying heights for your coffee table,nightstand or side table and you'll be able to cut the visual clutter and achieve a more professional look.
A producer from HGTV's House Hunters wants me to find dynamic Buyers to consider for a segment. If you think you may be a good candidate....contact me! You must want to find and close on a house or condo this year. (My contact info: firstname.lastname@example.org 314-607-5555)
2014 is half over and the real estate market has been brisk. I ran a sale report including- CWE, University City, Clayton, Ladue School District and Brentwood and was happy to find out that I was #1! Yea! I have sold a bunch outside of these areas, though this is just for the Central Cooridor of St. Louis.
#1 Ted Wight, Dielmann Sotheby's International Realty
Further move my branding in to my business with business cards, new banner for my blog, etc.
Have an Open House for my clients at my new home in the Spring.
Host at least two special events for my clients.
Organize a 2nd Bernoudy owner event at someone else's house.
Sell $30 million of real estate. (Another goal is to not boast about how much I have sold....so this is the last time you will see a dollar amount.)
Sell $2 million of country real estate
Videos, videos and more videos
Look into forming a true "team"
2013 Goals and Achievements
More videos! At least to make my blog more interesting. I am excited to buy a Swivl that will work with my iPhone to follow me and provide a microphone. (I did buy the Swivl, though hardly used it. It was too choppy when it moved. This will be a prime focus again in 2014)
Create a William Bernoudy Society with an annual party at a Bernoudy home. (We did have a fun cocktail party this year attended by most of the Bernoudy home owners. It was at my house and fun success!)
$22 million in real estate sales (Gosh....I sold $26 million. I am ranked 14 in the entire city and surrounding counties for 2013. In the Central area from downtown to Chesterfield, including Kirkwood and Webster, I am ranked #2 in 2013)
$2 million in rural Missouri property sales (Well, I did sell a little historic home in Clarksville this year. I have some fantastic country properties on the market, though they have not sold yet.)
Add a transaction agent to handle my paperwork after the property is under contract. (Somehow my licensed assistant and I managed- though it did get a little overwhelming this Spring/Summer. A transaction person is in the works for 2014.)
Finalize my branding initiative (I am so excited to finally have a logo!)
Stay connected with my past clients more. I just could not pull together a Holiday card. I became indecisive on the design and then it was the middle of December. I am thinking about an Open House at my new place once I finish some decorating work. Maybe also a newsletter, though I have always thought of this blog as a daily newsletter. (I did get a Holiday card out this year! I also sponsored a fun opening at Kodner Gallery in Ladue in November.)
Do more special event evening gatherings for my listings. (I had a nice wine and cheese out at my fantastic St. Albans house.)
Add more "meat" to this blog by researching some aspects of the history of what I post. My journalistic approach is a little fluffy. (Well I tend to be a little ADD....so this did not get done.)
2013 was a great year for me. I am so greatful for my many clients this year. Come back next week for my goals for 2014 and how I did with my 2013 goals.
Here are some highlights:
Sold 3 Clayton multifamily buildings- one a 12-unit apartment building in The Moorlands
On Wydown Blvd I sold a gracious mansion that the Buyers have gently transformed into a showplace!
Represented the sale of two Bernoudy-designed homes- my listing in Town and Country on 18 acres that was the 2012 Ladue News Decorator's Show House and a lovely home on Clayton Rd in Richmond Heights.
Off-the-market I sold an important Harris Armstrong-designed home that was his 3rd home and then I sold another Harris Armstrong house just behind it...both in Oakland
In Ladue I sold my listing a Euguene Mackey, Sr.-designed home that was a stunning mid-century home with a contemporary renovation.
In the cool Sunswept neighborhood in Creve Coeur, I represented the buyers of a Ralph Fournier-designd home.
On the Contemporary home forefront- I represented the buyers of a lovely, Philip Durham-designed contemporary home in Ladue, a Louis Saur- designed home in University City and an important, Adrian Luchini-designed home in Tower Grove area
I moved a cute, historic home in Clarksville, MO to a nice couple from St. Louis- hopefully the trend of stylish St. Louisans buying weekend homes in the quaint town continues to pick up!
Here is a run-down of where I sold properties in 2013 by school district:
St. Louis City- 9
University City- 7
Webster Groves- 7
Parkway Central- 3
St. Charles- 2
Maplewood Richmond Heights- 1
Parkway South- 1
Parkway West- 1
Pike County- 1
My sale price range went from $3,000,000 to $82,500. My average sale was $471,971.
For my listings- my average sale price to list price was 95%.
There are so many cool and gracious homes of all styles and price range that I sold this year- you can see the complete inventory of sold properties HERE
Finally I have been added to the list of Five Star Real Estate Agents for 2014. Much like Hall and Oates, KISS and Nirvana finally getting in the Rock and Roll Hall of Fame after all of these years!
Congratulations on qualifying and being chosen as a 2014 Five Star Real Estate Agent!
We’ll be recognizing those of you in this group in the upcoming April issue of St. Louis Magazine. The group of you chosen represents less than 4% of all the Real Estate Agents in St. Louisfor your exceptional service to your clients.
Rising interest rates and continuing tight underwriting could dampen sales as the year winds down. Still, 2013 sales will be up significantly from 2012. Appreciation remains robust, largely because of tight inventories. Interest rate concerns are reducing practitioner confidence. One bright spot: pent-up buyer demand by young households. As adults under 35 start to move out of their parents’ homes, home sales stand to benefit. All trend lines are from August 2012 to August 2013.
This little piece of news snuck up on me.....though Jumbo loans are now often lower than Conventional rates. Steve Strick of Gershman Mortgage quoted a Jumbo at 4.75% and Conventional at 4.75% to 4.85%. Jumbo loans are $417,000 or higher mortgages.
Check out these graphs....more houses under contract...lower inventory...prices up a little....it is time to list your home if you are thinking about it? St. Louis Real Estate Buyers....you need to be ready and on your toes for the good houses that come on the market. (Source: June issue of Realtor Magazine)
St. Louis Real Estate Buyers are frustrated. The inventory levels are still low and good houses are being snapped up as soon as they hit the market. Most of the last few listings that I have brought on the market since January have sold within the first week. One listing I had received 3 offers on the first day.
What can you do as a Buyer to make sure that you are the lucky Buyer of the home of your dreams?
The first thing is to watch for new listings on a dependable site. I have found that Listing Book is the best option. It is synched with the MLS every 30 minutes and you will receive a Morning Report of new listings that meet your search criteria. Only Realtors can sign you up on this service. Feel free to register for an account on my site: http://tedwight.listingbook.com
Get a preapproval from a lender
Make sure that you see the house on the first available day with your agent.
Write a good offer right away. It is okay to pay full price or even more if you want the house. Generally you will include an Appraisal Rider with your offer that will protect you from overpaying for a home. Sometimes agents will accept an offer with an acceleration clause- you will pay so much money over the best offer up to a certain dollar amount.
I just ran a report for 2013 sales in the City and Central St. Louis Area for sales volume. The area includes: Downtown, Central East, South City, CWE, University City, Ladue, Clayton, Brentwood, Maplewood Richmond Heights, Kirkwood, Webster Groves and Parkway Central.
Neil Gellman/Mark Gellman
Congratulations to everyone and to my other Dielmann Sotheby's International Realty Agents who made the list...highlighted in pink. I have another closing today that should put me at #1
Before yelling “action,” make sure the home will touch buyers’ five senses. “Imagine that a buyer enters your listing. It’s the fourth she’s looked at,” Nourmand says. “She’s tired and grumpy and undergoing sensory overload. You want to present a space that will surprise her and encourage her to relax and soak in the setting.” Here are ideas to provide a “high definition” effect to your listings:
Sight: Display fresh flowers throughout the house on kitchen and bathroom countertops and side tables. Or add color pops by displaying seasonal fruits in the kitchen, living, and dining rooms —like a large bowl filled with red apples, pomegranates, strawberries, or lemons.
Sound: Play soft classical music in the background.
Taste: Put ready-to-bake cookies in the oven shortly before a showing and set them out on a pretty plate in the kitchen for prospective buyers. Brew some coffee and tea. The refreshments provide buyers more incentives to sit down and stay awhile—an approach Nourmand recently used in prepping singer Sheryl Crow’s $15 million Hollywood home for sale.
Smell: Skip the chemical air fresheners. The flowers and freshly baked cookies will provide a welcoming scent. Nourmand creates another favorite by slicing four apples in half . She then sprinkles them with brown sugar and bakes them at 375 degrees for 30 minutes.
Feel: Use linens with a “rich, substantive feel” in bedrooms, textured accent pillows, and white fluffy towels—all convey the touch of luxury.
Creating such an inviting space should elicit rave reviews from home shoppers—and just might entice them to stick around through the closing credits.
Sometimes I even surprise myself. I was running a report for 2013 Clayton sales and discovered that I am currently #1 in sales in Clayton. Last year I ended up being ranked #5. Well I just ran a report of 2013 sales from downtown out to Parkway Central including Kirkwood and Webster... I am #1 with over $5,000,000 in sales!
There are emails floating all around about the real estate sales tax that was part of the Healthcare Reform Act. This potential tax could affect only 2-5% of home sales. Watch this video to get informed. Read more HERE.
I am horrible about setting goals and running reports to keep track of my sales volume. I just ran a report of my 2012 sales and am at over $16,000,000. I think I am going to double what I did last year. Someone told me that I am in the top 5% of St. Louis agents. Check out my Facebook Business Page to see what I have sold.
With the election coming soon, there will be a lot of miscommunication. One item that is floating around is the 3.8% sales tax on selling a home which is tied to the Health Care Reform Act. This tax may go into affect in 2013. This tax is confusing and only affects about 2% of the population.
Read the document below created by the National Association of Realtors. Also check out the video on the bottom created by the Washington Realtors Association.
Over the years I have been giving advice to my Sellers on how to get their property sold quickly and at a good price. I decided to follow my own advice. Here is what I did starting about 2 months ago.
Tried to grow grass in spotty areas
Boosted a regular watering schedule of the lawn and gardens
Visited with Nancy Spewak of Property Enhancement at my house to give me an hour of staging and decorating advice- $75/ hr
Took all of the clothes I have not worn in the last year to the Goodwill
Boosted my maid to come once a week to clean and do special projects like clean closets, cabinets, etc- last month and until the house was under contract- $70/week
Bought extra bedding plants for the garden- $100
Decluttered all closets
Replaced windows in my sunroom/office- the old ones were crank windows and some had some rot - $1800
I bought new duvet covers, accent pillows and sheets for two beds- $600-$700 (At least I get to take these with me!)
Order and installed a new glass shower door in my master bath- $800
Contracted with Absolute Tile and Stone to redo my kitchen with a travertine tile floor, granite counters and subway tile- $11,000
Had Voss Painting come in to spray my cabinets off-white. They were an odd, peachy wood color before- $2000
Repainted several rooms, the front door, exterior siding and interior woodwork. $1500
Replaced the carpeting in my study- $800
Had my carpet in the Lower Level cleaned- $65
Stopped cooking smelly foods
Cleaned the oven
Removed family photos
Professionally washed all of the windows- $175
Had my yard professionally edged and mulched by Cut Pro $300
For all showings: turned on music, lite a candle, turned on all lights, cut fresh flowers and mowed the lawn
Viola....it sold quickly. I keep thinking if I needed to do so much and spend all of the time and money. I guess I would rather be in the position I am now with a contract in place than wondering why my house has not sold....and making $10,000 price reductions.
The general rule is to spend about 2-5% of your sale price of your home on preparing it to go on the market.