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Jason Nedrow
REALTOR®

    Top 21 Regional Producer for 2005-2008
    Fine Homes & Estates Designation
    New Home Construction Specialist
    Centurion Producer

Direct: (405) 922-2968



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Realtor

Just a Word of Advice…Pick a Good Realtor

Friday, May 15th, 2009

Isn’t the media great? It is fascinating to me the questions I receive from buyers right now. For instance, they find a property that is on the market for just a couple of days and want to go in and ask for everything and if the sellers will come down 10% on their asking price. Just a word of advice. Pick a good Realtor. They will tell you when and what you can ask for and still acquire the property.

Where do you think the money is going to come from? The seller has to bring it to closing if for some odd reason they accept. It won’t happen. Your Realtor can tell you tons of specifics about the property which include when it was bought and for how much and if there is a second lien. How long has it been on the market? How does it compare to the other properties on the market as far as price? Let me ask you this. If a property was priced below the comparable properties and had only been on the market 3 days would you ask the seller to reduce the price 10K? I hope not. You need this information to properly assess the situation and you need an expert in negotiation to help you attain the best price based on the property you are purchasing. Don’t listen to the media. I promise you cannot pick the bottom and if you do not snatch up the property you want someone else will. There are too many incentives. Mortgage rates are at all time lows and the government has decided to give a lot of buyers $8,000 cash. You need an expert. Call one.

Difference Between Realtors?

Thursday, April 23rd, 2009

Is there really a difference between Realtors? Are you kidding, of course there is.  In any business there is a difference in the professionals you employ.

Did you know that approximately 1% of Realtors do 90% of the business?  Why does that matter to me?  Well you are trusting your biggest asset to be sold by someone you haven’t even checked out?  Would you do that with your retirement?  Why would you trust that type of transaction with anybody else but the best? Ok, so here is what makes a Realtor the best. You should never judge on commission.  You should judge on competency.  You should ask for documentation along with references.

If a “star Realtor” cannot provide references or documentation of sales ability you should never entrust your home to them.  You should also ask for a complete and concise marketing plan.  Do they market on the internet, and how do they market on the internet.  The reason this is important is because over 80% of home buyers are looking online for their next home.  That would probably be an integral part of the marketing plan.  Don’t you think?  Just because they have a website does not mean they are internet savvy.

Any Realtor worth their commission will have an extensive line of marketing encompassing several different avenues in which to market your home. There is never one “secret” marketing outlet that will work to sell your home.  You want the broadest exposure you can receive.

Another myth in the real estate industry are those wonderful home magazines.  Although, they do have some value, most Realtors will tell you they market in them to either build branding or to appease their seller.  I guess the question for you would be do I want my home sold or do I want to see it in a pretty magazine that is most likely outdated and will likely never generate a buyer.  If you have questions on how to market your home, a market evaluation, or would like a list of my “recent” references please visit my website or give me a call at 405-922-2968.

Market Recap

  • Avg. Sales Price: $129,441 *Reflects Entire Norman Area

  • Avg. Days on Market: 80

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