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."
The Spring market is HERE! Come check out these marvelous properties!
515 North and South #3A, University City, MO 63130 OPEN 1PM-3PM
Listed at $439,900
10 Layton Terrace, St. Louis, MO 63124 OPEN 1PM-3PM
Listed at $859,000
841 N. Spoede, Creve Coeur, MO 63141 OPEN 1PM-3PM
Listed at $579,000
9125 Lawn Ave, Brentwood, MO 63144 OPEN 1PM-3PM
Listed at $319,000
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.
Read more and get rates for it- HERE!
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
Thank you for coming back today to see 1-5 most expensive homes sold in the Eastern Missouri area in 2014. Yesterday's blog post listed 6-10.
1. 1751 North Woodlawn, Ladue, 20 acres, $3,500,000
2. 809 S. Warson, Ladue, 8,000 sq ft, $3,000,000
3. 12 Apple Tree Lane, Ladue, 8,971 sq feet, $2,995,000
4. 6 Claychester, Des Peres, 8,660 sq feet, $2,662,500
5. 31 Fair Oaks, Ladue, $2,400,000
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)
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!
Check out the recent article in Town and Style Magazine featuring my clients!
Photo: Suzy Gorman
From the St. Louis Business Journal 11-17-14:
The 2015 Niche rankings on the nation's best public high schools have been released, and Clayton High School tops the list for Missouri.
Clayton received a grade of A+ from Niche in four categories, including academics, teachers, resources and facilities, and extracurriculars and activities.
Kirkwood Senior High School ranked as the second best public high school in the state. Eureka Senior High School came in at No. 3, followed by Ladue Horton Watkins High School at No. 4.
Check out the full list here.
Niche, which also runs the College Prowler ranking site, graded the school districts in eight categories, with academics receiving the most weight in the rankings.
In the national rankings, Clayton High School came in at No. 82. High Technology High School in Lincroft, N.J., was ranked as the nation's No. 1 public high school.
For High Schools: 1. Clayton 2. Kirkwood 3. Ladue For overall Districts
1. Clayton 2. Ladue 3. Kirkwood http://www.bizjournals.com/stlouis/morning_call/2014/11/which-public-high-schools-are-the-best-in-missouri.html
Interesting article found on About.com
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.
Pink Toilet Seat Cover. Gwendolyn Plath / fStop / Getty Images
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
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
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.
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.
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.
This was an interesting article from the Wall Street Journal with tips on how to get your house ready to sell! Read the whole article HERE.
Counters are cleared of clutter and apples provide a bit of color in the kitchen. MICHAL CZERWONKA FOR THE WALL STREET JOURNAL
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
#2 John Ryan, Coldwell Banker
#3 Mark Gellman, Coldwell Banker Premier
#4 Barbara Wulfing, Janet McAfee
#5 Ann Wroth, Gladys Manion
If you are on Facebook, you have probably already seen this article from the Huffington Post.....though here it is for those who have not see it yet. Click HERE
Check out last weekend's St. Louis Post Dispatch article on Staging properties and pricing. I was quoted! Click HERE
2013 Goals and Achievements
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:
Here is a run-down of where I sold properties in 2013 by school district:
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. Louis for your exceptional service to your clients.
I just ran the Realtor ranking report for 2013 for the Central St. Louis area (St. Louis Downtown west to Chesterfield including Webster Groves and Kirkwood). Here are the rankings:
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.
Taken from the November issue of Realtor Magazine.
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?
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.
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:
Creating such an inviting space should elicit rave reviews from home shoppers—and just might entice them to stick around through the closing credits.
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.
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.
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.
In the last two weeks I have had 5 of my lingering listings go under contract. Lingering as in....they have been on the market since last Fall. Showings compared with the same time last year have doubled. An agent in my office, who works the loft district in downtown St. Louis, says that the loft inventory is down to 80 units for sale.....compared with over 1000 five years ago. All of my Open Houses over the last few Sundays have been swamped with Buyers looking. I am really up on this market!
If you are thinking about selling your house this Spring, you had better hurry. The Spring market is here and there are Buyers out there!
Call Me! Ted Wight, Dielmann Sotheby's International Realty, 314-607-5555 firstname.lastname@example.org
If you are thinking of Buying a place this Spring, sign up for a free Listing Book account. Listing Book synchs with our local Realtor database every 30 minutes. It is the closest way to search for real estate without being an agent. Sites like Zillow may take days/weeks to update. Sign up HERE
In an effort to share valuable customer facing information, please see the brief article below: Seems to me this could be a powerful piece of information to share with clients who may be on the fence.As a matter of fact, another Bear economist turned bull this last week! Chris Thornburg, a former UCLA economist and founding principle of The Bacon Group was quoted saying:
"...a great time to buy a home... buy now."
John R. Talbott, previously a Goldman Sachs investment banker, is a bestselling author and economic consultant. When it comes to the housing market he is also a prophet. When housing prices started to skyrocket in 2003, he published The Coming Crash in the Housing Market correctly warning us that a real estate bubble was forming. Then in January 2006, he called the absolute peak of home prices in the US by releasing a new book, Sell Now! The End of the Housing Bubble.
Mr. Talbott, the person who accurately predicted the housing bubble and its bust, now has a new prediction - IT IS THE TIME TO BUY A HOME! In a recent article, Homes - Buy Now!, Talbott simply explains:
"I have been waiting for more than five years to offer this advice. It is now time in most cities across the country to buy a new home or refinance your existing home with thirty-year fixed rate mortgage debt."
He goes on to explain that his conclusion is based on four different metrics, all of which favor buying today:
Home Prices Relative to Peak Prices During the Bubble
Home Prices Relative to Construction Costs or Replacement Costs
Home Prices Relative to Incomes and Rents
Home Prices in Real Terms, Not US Dollar Terms
If the person who called the real estate bubble and its bust says now is the time to buy, we believe it is time to buy.
Article passed to me by:
Michael MacDonald has forwarded this email to you with the following message: Great article to motivate any buyers that are "on the fence." Happy to help in EVERY way possible ! - Mike First Option Mortgage Off: 314-400-9815 Cell: 314-249-8149
The idea of selling your house can be daunting....especially if you want to do it right. I may be selling my house in 2012 (don't worry...I am not moving out of the area) and have been working a punch list since earlier this year. So far I have had a large dead tree removed, reboarded my deck, retiled my shower, replaced carpeting in a bedroom, installed new wood blinds in a few rooms and repainted the Living Room. These are all things that need to be done in order to get my house sold quickly and for a good price. Over the weekend I bought a new dishwasher! The next things to do are to replace some windows, repaint some more rooms and do a make over of the kitchen. It is expensive...though less than taking $10,000 price drops. I am a Realtor and need to practice what I preach! I also want to enjoy some of these improvement now.
If you are thinking about selling your house in 2012, now is the perfect time to start thinking about it. Contact me at 314-607-5555 or email@example.com if you would like a consultation of projects that need to be completed to sell your house at the best price!
Here are some general points to follow when getting ready and while selling your home:
1. Clean and declutter....only 3 items on any tabletop...hire a maid to come in once a week while your house is on the market...you deserve the break anyway!
2. Brightening....clean all of your windows inside and out. Open your curtains! Make sure there is plenty of light....and certainly leave all of your lights on when a showing in coming.
3. Music....turn on some light jazz for your showings and Open Houses
4. Accessorize/ staging. Buy new towels and soaps for the bathrooms. Add candles and new pillows. If you are moving your furniture out or don't have enough...hire a staging company. They can also help you rearrange what you have already. It really is worth it! Plus the on-line pictures will draw Buyers to your house.
5. Landscape enhancements. Mulch your yard...just not the bright red mulch. Add bushes and flowers. Keep what you add alive!
6. Clean your carpets and get them stretched if they have waves in them.
7. Organize your closets and line your clothes up perfectly...mine aren't like this, though it always impresses me when I see a closet like this.
8. Make that front door shine! It better be painted nicely, have a lock that is easy to open. If your doorbell is not working or is broken...replace it....and not with a cheap one. Make it metal and wired. Make sure that the wood trim around the door looks good and especially free from rot. You would be surprised what I see.
9. Paint/ seal your deck. If boards are rotted, consider replacing them. Nothing says potential $ than a failing deck.
10. Repaint rooms that have nicks, scraps and too strong of colors. Please do it professionally or be a good painter. I have been to too many homes that have sloppy paint jobs done by homeowners.
11. Seal your asphalt driveway.
12. Plant bulbs for next Spring!
13. Work on your grass....green and weed free.
14. Smells...no strong odors from cooking, baby diapers, pets smells or teenage boy scents.