Korn Team Sells Homes During the Holidays and gets over 2% higher sale price over market average

 

#1 Reason to Sell During the Holiday Months   (and not wait till Spring)

You can have your house on the market THIS WEEKEND! Don't miss another buyer that might just fall in love with your property and pay your asking price.

The Kansas City market is moving during the months of November to March each year...even in the current market conditions. Last year over 10,000 homes sold during the winter months, averaging 2,000 closings per month and so far this year since November 1st to Christmas day there have been 1,317 homes that have sold. The average property with an average marketing plan (or possibly no marketing plan) sold for 96.7% of asking price. The Korn Team has been averaging 98.8% of askgin price over the last 16 years. That is over $4,000 more equity on a $200,000 home. There is no reason to leave that money "on the table". If you are planning a possible sale anytime in the next 3 months and/or you tried to sell your home in the past 6 months... call the Korn Team today! Let us give you an honest opinion on what you can expect from the current Kansas City area real estate market conditions.

Here is REASON #1  to sell now, during the Holidays.




We've been covering that twelve days of Christmas or have we been covering the

twelve reasons to sell your house during the holidays? If you had planned on selling this past year, and took a break because your home didn't sell, OR you are planning to sell this Spring... then I am so glad you are reading this blog, or watching this video. I want to give you the best present of all this season, a FAST sale AND more Equity...that is money in your pocket!

The #1 best thing you can do by selling your house during the holidays is to give yourself the opportunity to buy your new house with less stress and worrying when there are more houses on the market. If you wait till spring when more houses are on the market those market conditions will help drive prices down because there can be an over-supply of homes. Most agents don't think about supply and demand when giving advice on taking advantage of real estate market conditions therefore they can agree with you that the holidays are a good time to "take a break". The thing to truly consider is that when you sell your house during the holidays when there is less inventory helping you find a more serious buyer AND have less houses to compete with, YOU are able to come into that Spring Market as a non contingent buyer with a solid contract on the sale of your property.

That is the BEST reason of all 12 reasons to call the Korn Team and get your house SOLD during the holiday. In fact, The Korn Team has a proven record of selling over 250 homes during the months of November to March and best of all, The Korn Team was averaging a 98.8% of asking price AND over 98% of those homes sold in less than 60 days.

Happy Holidays from The Korn Team

We sincerely appreciate everyone that has entrusted us with their biggest asset (their Equity).

Brad & Sonya Korn and The Korn Team

www.kornteam.com

brad@kornteam.com

(816) 224-KORN (5676)

 

Follow us on
 

SELLERS:



Do you own your home? Let The Korn Team show you how we are getting our seller clients more equity and a faster sale during the Holiday season at www.kornteam.com/holidays or get us the information about your property at http://wesellkansascity.kwrealty.com/sell/

Eastern Kansas City MO in the Cass County, Lafayette County and Johnson County Missouri areas including Odessa, Bates City, Buckner, Lone Jack, Grandview, Raymore, Belton, Higginsville, Lexington, Oak Grove, Pleasant Hill, Harrisonville, Holden & other rural areas like Warrensburg, etc

Sales just for the month of December
in Johnson County, Overland Park, Mission Hills, Leawood, Prairie Village areas

This is the
Sales just for the month of December
in Eastern Jackson County?

View Korn Team Sells Eastern Jackson County in a full screen map

Olathe KS, Martin City, Stillwell Kanas area activity just for the month of December


These are just December Sales in North Kansas City MO, Smithville, St Joseph, Kearney, Parkville, Platte City, Richmond, Lathrop, Lawson, & Cameron Missouri areas

Sales in December for Liberty, Kearney, North Kansas City areas

 

ONLY TWO DAYS TILL CHRISTMAS!

Here is the 2nd Reason Why Selling Now is the Best Time to Sell




You Don't have to wait till tomorrow to find out the #1 Reason to sell your property now.. watch the recap of all 12 Reasons to sell now
Want to hear all 12 Reasons?

This is one gift you can open right now! Don't wait one more day.



Just like the 12 Days of Christmas...here are the 12 Reasons Why You Should Sell Your Kansas City Area Home During the Holidays. The Korn Team has sold over 250 Homes during the Holiday months over the past 16 years.

Happy Holidays from The Korn Team

We sincerely appreciate everyone that has entrusted us with their biggest asset (their Equity).

Brad & Sonya Korn and The Korn Team

www.kornteam.com

brad@kornteam.com

(816) 224-KORN (5676)

 

Follow us on 

 

 Do you own your home? Let The Korn Team show you how we are getting our seller clients more equity and a faster sale during the Holiday season at www.kornteam.com/holidays or get us the information about your property at http://wesellkansascity.kwrealty.com/sell/

Planning to sell your property in the next few months? You may have lost 9 of the best days of the year to get more equity from the current market conditions and put $1,000's in your pocket. PLUS... at todays extended mortgage rates, your next dream home may have come on the market and already sold to on of the other 1,314 buyers that have bought a property JUST SINCE we started the countdown to the 12 days of Christmas.

Olathe KS, Martin City, Stillwell Kanas area activity just for the month of December

#3  Reason to call the Korn Team TODAY
to sell your property NOW



Like the 12 Days of Christmas, we want to share with you 12 reasons why you will want to get your house on the market now...during the holidays, and NOT wait till Spring. The Korn Team has sold 230 homes over the past 16 years during the holiday and fall months. That is 15 LISTINGS Sold each year during the fall months from November to March. If you are planning to sell this Spring, right now is the best time to get the most equity and put more money in your pocket or down on your next home.

Do you want to find out how much equity you may have in your property over the next few months? Get a no cost, no obligation Broker's Price Opinion from The Korn Team at http://wesellkansascity.kwrealty.com/sell/

Want to take advantage of all 12 reasons now? Watch this 6 minute video and call us to find out how much equity you can get during the Holidays. www.kornteam.com/holidays

Happy Holidays from The Korn Team

We sincerely appreciate everyone that has entrusted us with their biggest asset (their Equity).

Brad & Sonya Korn and The Korn Team

www.kornteam.com

brad@kornteam.com

(816) 224-KORN (5676)

Reason #4: 

This is one of my favorite reasons. There is just a lower supply of homes available. Economics 101 teaches us that when there is a low supply, prices go up and because there are less homes to see, and they are planning a move, there is a better chance your house will get picked and they might pay more for it as well.

#5 Reason to Sell During The Holidays...with only 5 Days till Christmas

We are past the halfway point counting down to Christmas and the 12 reasons why selling during the holidays could be the best gift you give yourself. If you are planning to sell this spring, waiting could cost you thousands of dollars. The weather is great, and the buyers are buying homes.

Would you believe that 782 homes have gone under contract or sold since we started the 12 days of Christmas countdown and only 467 homes came on the market. The demand for homes is double what is coming on the market!! Let us show you have a proven marketing plan that has helped The Korn Team clients sell over 250 homes during the Holiday months.

#5 Reason to Sell During the Holiday Months (November-March)



Houses show better when decorated for the Holidays.

If you want to take advantage the Holiday market before we get through all 12 reasons, watch the recap of all 12 reasons now




Happy Holidays from The Korn Team

We sincerely appreciate everyone that has entrusted us with their biggest asset (their Equity).

Brad & Sonya Korn and The Korn Team

www.kornteam.com

brad@kornteam.com

(816) 224-KORN (5676)

Do you want to find out how much equity you may have in your property over the next few months? Get a no cost, no obligation Broker's Price Opinion from The Korn Team at http://wesellkansascity.kwrealty.com/sell/

We are Down to 6 Days till Christmas
and the reveal of
#6 Reason to sell during the Holidays

If you have truly considered selling your property, and you just needed to "take a break" during the Holidays...we understand. You maybe hired a Realtor that you didn't feel did enough to get the most exposure to your property, or you had a people through your home and the feedback just wore you down. Don't let the current market conditions wear you down. You can still take a break (on the one or two days where you can limit your showings) without losing all that market time OR miss the buyer that would fall in LOVE with your home and offer you thousands more than the buyer who may show up in Spring.

These are just December Sales in North Kansas City MO, Smithville, St Joseph, Kearney, Parkville, Platte City, Richmond, Lathrop, Lawson, & Cameron Missouri areas


There were over 10,000 properties sold between the moths of November to March last year, and there are over 2,000 properties that have sold just in the month of December. Find out how you can take advantage of the current low inventory, put more equity in you pocket AND still have a slight break from the showings during your family get together.

#6 Reason to Sell During The Holidays




Buyers are more emotional during the Holidays, so they are more likely to pay your price.


Happy Holidays from The Korn Team

We sincerely appreciate everyone that has entrusted us with their biggest asset (their Equity).
 

Brad & Sonya Korn and The Korn Team

www.kornteam.com

brad@kornteam.com

(816) 224-KORN (5676)

Do you want to find out how much equity you may have in your property over the next few months? Get a no cost, no obligation Broker's Price Opinion from The Korn Team at http://wesellkansascity.kwrealty.com/sell/

7 Reasons to Sell and only 7 Days to Christmas

 

 

 

Give yourself the greatest present of all this Holiday Season, THOUSANDS of dollars in extra equity! There is a shortage of homes right now, and that could be the difference of several thousands of dollars in equity to put towards your next home. In fact, with interest rates still at historic lows, you may even save thousands more on your purchase AND even buy more home.

 

Eastern Kansas City MO in the Cass County, Lafayette County and Johnson County Missouri areas including Odessa, Bates City, Buckner, Lone Jack, Grandview, Raymore, Belton, Higginsville, Lexington, Oak Grove, Pleasant Hill, Harrisonville, Holden & other rural areas like Warrensburg, etc

 

 

Did someone tell you the market was slow? Did you think things were slow? Ask the over 1,000 home owners that have sold their property since December First. The Korn Team just sold another property today! and several more closing over the next week.

 

Reason #7 to call The Korn Team
to Sell Your Home During The Holidays

 

Buyers have more time to look for a home during the Holidays than they do during a work week.

 

Like the 12 Days of Christmas, we want to share with you 12 reasons why you will want to get your property on the market now...during the holidays, and NOT wait till Spring. The Korn Team has sold 250 homes during the holiday and fall months.  We actually get our clients more equity during the fall months from November to March. If you are planning to sell this Spring, right now is the best time to get the most equity and put more money in your pocket or down on your next home.

  

Happy Holidays from The Korn Team

We sincerely appreciate everyone that has entrusted us with their biggest asset (their Equity).

Brad & Sonya Korn and The Korn Team

www.kornteam.com

brad@kornteam.com

(816) 224-KORN (5676)

 

Follow us on

 

SELLERS:



Do you own your home? Let The Korn Team show you how we are getting our seller clients more equity and a faster sale during the Holiday season at www.kornteam.com/holidays or get us the information about your property at http://wesellkansascity.kwrealty.com/sell/

Reason #8 to Sell Your Property Now, only EIGHT Days from Christmas:

We've been covering that twelve days of Christmas or have we been covering the twelve reasons to sell your house during the holidays? There are many reasons why you should sell your home now vs waiting till spring. Check out the following video clips. Remember, these tips are to help you, the home owner get the most equity possible when you do sell.

 

Here are one of the 2,200 reasons why you can sell your property now and not wait till after Christmas.

 

Sales in December for Liberty, Kearney, North Kansas City areas

Reason #8:

There are buyers that buy real estate for Tax Reasons. They have to do something before the end of the year.

 

Like the 12 Days of Christmas, we want to share with you 12 reasons why you will want to get your house on the market now...during the holidays, and NOT wait till Spring. The Korn Team has sold 250 homes over the past 17 years during the holiday and fall months. And in KC there were over 2,200 properties sold and closed in the Greater KC area just in the month of December and so far this year there have been 1043 properties sold and closed. We are consistently selling over 2,000 properties in the month of December. So, the question is, who told you it was a slow market? If you are planning to sell this Spring, right now is the best time to get the most equity and put more money in your pocket or down on your next home.

 

Happy Holidays from The Korn Team

We sincerely appreciate everyone that has entrusted us with their biggest asset (their Equity).

Brad & Sonya Korn and The Korn Team

www.kornteam.com

brad@kornteam.com

(816) 224-KORN (5676)

 

Follow us on

 

SELLERS:



Do you own your home? Let The Korn Team show you how we are getting our seller clients more equity and a faster sale during the Holiday season at www.kornteam.com/holidays or get us the information about your property at http://wesellkansascity.kwrealty.com/sell/

Are you Counting Down to Christmas?
Only 9 days to go!
Are you wanting to Sell Your property in Spring... Here is REASON #9 to consider selling right now!

Reason #9: January is traditionally the month for employees to begin new jobs.

Since transfers cannot wait until Spring to buy, you need to be on the market during the Holidays to capture the market.



Like the 12 Days of Christmas, we want to share with you 12 reasons why you will want to get your house on the market now...during the holidays, and NOT wait till Spring. The Korn Team has sold 230 homes over the past 16 years during the holiday and fall months. That is 15 LISTINGS Sold (this does not take into consideration buyers...only Seller Listings Sold) during the fall months from November to March. If you are planning to sell this Spring, right now is the best time to get the most equity and put more money in your pocket or down on your next home.

Want to hear all 12 Reasons?

This is one gift you can open right now! Don't wait 9 more days.



Just like the 12 Days of Christmas...here are the 12 Reasons Why You Should Sell Your Kansas City Area Home During the Holidays. The Korn Team has sold 230 Homes during the Holiday months over the past 16 years.

Happy Holidays from The Korn Team

We sincerely appreciate everyone that has entrusted us with their biggest asset (their Equity).

Brad & Sonya Korn and The Korn Team

www.kornteam.com

brad@kornteam.com

(816) 224-KORN (5676)

 

Follow us on

 

 

 Do you own your home? Let The Korn Team show you how we are getting our seller clients more equity and a faster sale during the Holiday season at www.kornteam.com/holidays or get us the information about your property at http://wesellkansascity.kwrealty.com/sell/

Reason #10 to sell your property now, and how waiting... even a few weeks, could cost you thousands of dollars in equity.

 

 

 

Have you heard someone say "we are going to wait till Spring". What they didn't know, is the winter months are the best time to get the most equity! Really...check out the numbers in the map below. There may not be as many buyers in the market as there are in the summer, however the buyers in the winter are the "serious" buyers. You are not going to find too many tire kickers going out in the cold just to look at houses. So, you have fewer showings. You can restrict some of your showings if you have to, and you can get more people through your property.

Check out the following video clips. Remember, these tips are to help you, the home owner, get the most equity possible when you do sell.

This is the

Sales just for the month of December
in Johnson County, Overland Park, Mission Hills, Leawood, Prairie Village areas

Over 2,200 homes have sold JUST during the month of December in Greater KC area. There has been over 10,000 properties sold and closed during the months of November and March this past fall season. The Korn Team is getting our seller clients 98.8% of their asking price during the holidays.

 

 





Reason #10: 

 

When you're on the market during the holidays you can actually restrict your showings during the five, six or seven days on around the holidays. Rather than miss a buyer during this time of year, just put a restriction on a few days.

Do you want to find out how much equity you may have in your property over the next few months? Get a no cost, no obligation Broker's Price Opinion from The Korn Team at http://wesellkansascity.kwrealty.com/sell/

Want to take advantage of all 12 reasons now? Watch this 6 minute video and call us to find out how much equity you can get during the Holidays. www.kornteam.com/holidays

Happy Holidays from The Korn Team

We sincerely appreciate everyone that has entrusted us with their biggest asset (their Equity).

Brad & Sonya Korn and The Korn Team

www.kornteam.com

brad@kornteam.com

(816) 224-KORN (5676)

12 days of Christmas or 12 reasons to sell during holidays Korn Team plan in the twelve days of Christmas before we're giving you that well reasons sell your home very so here's reason number

hand the 10 reason why you want to sell your house now you if you're on the market now you can actually restrict showing around for seven days around the holidays and still enjoy your time with your family be on the market not lose month market time and take them and the market leader love by so restrict your show during the holiday celebration with the family



The countdown is on... Christmas is less than 12 days away... and this is Reason #11 why you want to sell your property now, versus waiting till Spring.

 

 

 

I have heard this quite a bit... we are going to wait till Spring. There are so many reasons why, if you are definitely going to move in the near future, that you will want to reconsider waiting. It could cost you thousands of dollars in equity.

Check out the following video clips. Remember, these tips are to help you, the home owner, get the most equity possible when you do sell.

This is the
Sales just for the month of December
in Eastern Jackson County?

View Korn Team Sells Eastern Jackson County in a full screen map

Don't give up or be discouraged if you were had your home for sale previously and it didn't sell. The Korn Team as been selling quite a few properties, and we may know why your property didn't sell. In fact, we can give you 12 reasons why your property can sell right now...during the Holidays. Did you know over 10,000 properties sell between Nov-Mar in the Greater KC area? That is over 2,000 properties selling each month during the Holidays. You can be one of those next sales, AND put more equity in your pocket..

The Korn Team has over has bee selling homes for over 24 years, and we have also tracked some amazing results.... We get our seller clients an average of 98.8% of their asking price between the months of November and March AND we sell over 98% of those properties in under 60 days.

Here is just one reason why you may want to reconsider selling now, vs waiting till Spring



Reason #11

You can sell your house now and ask for a delayed closing or we can ask for an extended possession to take place next year. You can actually set the terms for your move if you sell before you "have to" move.

Do you want to find out how much equity you may have in your property over the next few months? Get a no cost, no obligation Broker's Price Opinion from The Korn Team at http://wesellkansascity.kwrealty.com/sell/


Happy Holidays from The Korn Team

We sincerely appreciate everyone that has entrusted us with their biggest asset (their Equity).

Brad & Sonya Korn and The Korn Team

www.kornteam.com

brad@kornteam.com

(816) 224-KORN (5676)

 

 

 

12 Days of Christmas....OOPS... I mean 12 Reasons to Sell during the Holidays! REASON #12

We've been covering that twelve days of Christmas or have we been covering the twelve reasons to sell your house during the holidays?

There are many reasons why you should sell your home now vs waiting till spring. Check out the following video clips. Remember, these tips are to help you, the home owner get the most equity possible when you do sell.

If you were on the market previously, and didn't have success selling your property, you now have 12 reasons to make it happen now...during the Holidays. Did you know over 2,000 properties sell each month in the Kansas City market between November and March? In those fall months, over 10,000 people will sell their property.

The Korn Team has over has bee selling homes for over 24 years, and we have also tracked some amazing results.... We get our seller clients an average of 98.8% of their asking price between the months of November and March AND we sell over 98% of those properties in under 60 days.

Here is just one reason why you may want to reconsider selling now, vs waiting till Spring


As we count down the 12 days to Christmas... I mean the 12 reasons to sell now,
Reason #12:

By selling now, you may have an opportunity to be a non-contingent buyer during the Spring when there are traditionally more houses on the market which could ultimately drive prices down. This could mean you sell high and buy low.

Like the 12 Days of Christmas, we want to share with you 12 reasons why you will want to get your house on the market now...during the holidays, and NOT wait till Spring. The Korn Team has sold 250 homes over the past 17 years during the holiday and fall months. That is an average of 15 LISTINGS Sold during the fall months from November to March. If you are planning to sell this Spring, right now is the best time to get the most equity and put more money in your pocket or down on your next home.

If you want to take advantage the Holiday market before we get through all 12 reasons, watch the recap of all 12 reasons now



Happy Holidays from The Korn Team

We sincerely appreciate everyone that has entrusted us with their biggest asset (their Equity).

Brad & Sonya Korn and The Korn Team

www.kornteam.com

brad@kornteam.com

(816) 224-KORN (5676)

Do you want to find out how much equity you may have in your property over the next few months? Get a no cost, no obligation Broker's Price Opinion from The Korn Team at http://wesellkansascity.kwrealty.com/sell/

12 Days of Christmas...or should we say
12 Reasons to SELL with The Korn Team During the Holidays!

We've been covering that twelve days of Christmas or have we been covering the twelve reasons to sell your house during the holidays? There are many reasons why you should sell your home now vs waiting till spring. Check out the following video clips. Remember, these tips are to help you, the home owner get the most equity possible when you do sell.

This is a recap of 12 reasons why selling your house during the holidays is the best thing you can do 

Reason #12: 

By selling your house during the holidays you give yourself the opportunity to buy your new house in a Spring market without worrying. When there are more houses on the market that will help drive prices down and when you sell your house during the holidays are able to come into that Spring Market as a non-contingent buyer. 

Reason #11

You can sell your house now and ask for a delayed closing or we can ask for an extended possession to take place next year.

Reason #10: 

When you're on the market during the holidays you can actually restrict your showings during the five, six or seven days on around the holidays. Rather than miss a buyer during this time of year, just put a restriction on a few days.

Reason #9: 

Traditionally, most new jobs start in January. What that means is buyers can't wait till Spring for their transfer. They are going to buy now, and you want ot be on the market for the brand new jobs in January.

Reason #8:

There are buyers that buy real estate for Tax Reasons. They have to do something before the end of the year.

Reason #7:

The reality is, people just have more time to look at homes during the holidays. They have more time off from  work  and they have family in town around the holidays. That gives them more time to go out looking at houses.

Reason #6: 

Buyers are more emotional during the Holiday and that will give you a better chance for them to fall in love with their dream home and that can get you more money for your property.

Reason #5:

The truth is homes show better during the Holiday Season. When you have your home decorated  and staged for the holidays it just shows better

Reason #4: 

This is one of my favorite reasons. There is just a lower supply of homes available. Economics 101 teaches us that when there is a low supply, prices go up and because there are less homes to see, and they are planning a move, there is a better chance your house will get picked and they might pay more for it as well.

Reason #3: 

Because there is a lower supply of homes available, the buyers our looking during the holidays will be more serious buyers.

Reason #2: 

If they are looking at homes during the Holidays they ARE serious buyers. You will get more serious buyers and not very many (if any) tire kickers and decorating idea-getters.

Reason #1: 

The Korn Team has been selling real estate for over 22 years and have sold over 2,000 homes. During the Holiday Season from 1997 to 2013, the Korn Team has sold 230 Listings (not buyer sales) that we were marketing during the months of November to March. That is about 15 homes sold in the Holiday Season every year for the past 16 years! Buyers are buying homes during the Holidays, and the Korn Team is helping Seller's take advantage of the lower inventory, more motivated buyers and putting more equity in their pocket. Contact the Korn Team today to find out how you can sell your property for TOP Dollar and even get your new home at an incredible value. You can find all our contact information at www.kornteam.com or contact us directly at 816-224-KORN (5676) for a FREE, no cost, no obligation Broker's price opinion and marketing strategy for your property.

Happy Holidays from The Korn Team

We sincerely appreciate everyone that has entrusted us with their biggest asset (their Equity).

Brad & Sonya Korn, Danielle and Ellen

www.kornteam.com

brad@kornteam.com

(816) 224-KORN (5676)

5 Reasons to Sell Now: Reason #1: High Demand

Five Reasons You Want to List Your Property TODAY!

 

There is High Demand Right Now

 

You have seen in and heard it in the news. The real estate market is "picking up" and it is "busy out there". That is true! One thing The Korn Team discusses with their seller clients is that Real Esate is really just Economics 101. Remember when you learned about Supply & Demand? That is what Realtors like Brad Korn are sharing with his clients in the Greater Kansas City areas of Blue Springs, Lee's Summit & Independence Missouri.

 

 

 

the fact is since 2007 more and more homes have been selling at an increasing rate. In fact, in July of 2007 The Korn Team at Keller Williams Realty broke an all time record for most properties sold in their office in one month. Brad & his team sold and closed 25 transactions in just one month. That was a sign that the inventory levels of homes for sale were beginning to shrink. When we all learned about supply and demand, we learned that when supply is low and demand is high, prices will rise. From the end of 2005 through 2007 the supply of homes was increasing. It took until 2007 for buyers to realize that the interest rates were incredible low and the inventory levels were high enough that we were seeing some great "deals". What we also learned in Econ 101 in the Supply/Demand class was when you have a large supply and low demand prices begin to fall.

 

The National Association of Realtors (NAR) recently released the Existing Home Sales Report and they found the year end sales for 2012 had increased by 9.2% over 2011 sales. The Korn Team is are selling an average of 10 homes each month. That equates to an average of 100 properties each year for the past 10 years and over 1,500 properties in our 20+ years of selling real estate. Brad & his team have helped our clients take advantage of the current market condition by getting more exposure to a seller's home. When we get more exposure than anyone else, The Korn Team helps their home owners get their property sold faster and in some cases, when positioned properly in the market, you can get multiple offers on your property.

 

Interpreting the market is where we help you best. We can give you a no cost, no obligation Broker price opinion on you property and let you know what costs you will have as a seller to see if selling now makes sense for you. You can contacts us directly to schedule a convenient time to meet at (816) 224-KORN (5676) or send us an email at brad@kornteam.com or from our website at http://thekornteam.yourkwagent.com/atj/user/SellerFormGetAction.do

 

We look forward to working with you when you are ready to sell.

 

Brad Korn & The Korn Team

www.kornteam.com

Maximize Wealth Building Strategy thru Real Estate

Some of the strategies discussed in the book HOLD by Gary Keller on
how to get started to
maximizing your wealth building strategy
through real estate are:

• Use your 401(k) to purchase rental property
• Refinance to invest
• Ask grandparents to buy rental properties for grandchildren
• Examine and reduce your expenses
• Live on a budget below your means

Some Financing strategies include:

• Purchase properties with a 15-year mortgage
• Accelerate your debt pay down - regardless of your mortgage length (paying extra when you can)
• Use interest-only loans for cash flow
• Take advantage of self-directed IRA's and buy real estate rentals

What types of properties work best according to the book HOLD?

• Investment in single-family homes
• Buy "fixer-uppers" and make improvements
• Sell one property and buy two others
• Buy your retirement home now - have your tenant pay it off
• Exchange out-of-state investments for properties in a stronger growth area
• Use lease purchases - increase cash flow
• Buy foreclosures and short sales for instant equity

Let The Korn Team help you get started and take action. We have 13 questions you should answer before you get started on your real estate wealth building plan.

Get the 13 Questions you should ask yourself and know before you begin investing
registering is FREE, just complete your information and click "SUBMIT" and we will send you the questions

Investing in Real Estate Could Be
(even in these market conditions)
a GREAT wealth building tool.

 

Here are some strategies that are shared in the book "HOLD" written by Gary Keller

The Power of Leverage

Leverage is using other people's money (banks, mortgage companies, and owner financiers) to make money. Leverage multiplies your profit.

The Power of Leverage in real estate investments: Equity Build up

1. At the time a property is purchased you are at Market Value - little equity, little investment (20% down) and a lot of debt.
2. After some time, your Equity begins to grow. Your investment is still the same at time of purchase, and your debt is going down.
3. The equity begins to build while the debt is going down
4. eventually, when you have paid off the mortgage, your market value has gone up, your debt is gone, and all you have left is equity in a property that is worth more than it was when you bought it, and your investment never changed.

Contact The Korn Team if you would like to see the graphic of what this looks like. Remember, it is about doing it RIGHT!

• Buy it RIGHT!
• Pay it down
• Pay it off

Click Here to Find Your Propportunity (property opportunity) Now

Why is building wealth with real estate right for you?

If you are looking for financial security, retirement plans, pay for college for kids, travel fund, giving to others in need or if you want to leave a legacy to your friends, family and those who know you....real estate can be one of the best sources of wealth building in America...even in the roughest economies we have had. In fact, real estate might be the safest investment in any of the past economies we have ever seen.

Did you know:

• 58% of people have not determined their retirement needs?
• 15% of people are earning $50,000-plus in retirement?
• 17.5% of people 65 or older are delaying retirement?
• The median household income is only $50,000 per year

What does all this mean? If someone needs $80,000 a year today to maintain a lifestyle, and that person plans to retire in 15 years, and we know inflation will continue to increase on an average of 3% per year....that person would need $120,000 a year when they retire.

Other scary statistics about retirement plans:

• 87% of Americans rely on Social Security for some source of retirement
• 53% of Americans rely on income from assets for retirement
• 42% of Americans rely on public or private pensions for retirement
• 26% of Americans rely on earnings for retirement

Click Here to Find Your Propportunity (property opportunity) Now

Building Wealth Secrets in Newest Book HOLD

Founder of Keller Williams Real Esate, Gary Keller has finished the book series for all Real Estate Agents, Investors AND anyone that wants to build their wealth! His newest book "HOLD" shares how real estate is one of the best sources for wealth building in America. If you are wanting to seriously build your wealth as fast as possible with the highest amount of security, contacts The Korn Team to find out how we can turn your investment portfolio into a retirement program or even pay for college for your grandchildren, nieces, nephews and/or your children.

The book HOLD will distinguish the myths and exciting truths of investing in real estate. In this book we will show you how real estate is the right wealth building vehicle for you. The great thing about his book is many have taken this road to wealth building (which you can read their stories in the book "The Millionaire Real Estate Investor" by Gary Keller) and our real estate team can help you learn from their success's...and avoid their mistakes! Lastly, this book will share with you the strategies to get started.
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Myths and Truths of investing in Real Estate:

• MYTH: You have to have money to make money
• MYTH: Real Estate is a get-rich-quick scheme
• MYTH: It's not the right time
• MYTH: It's too complicated
• MYTH: I don't have time
• MYTH: It's too much work fixing leaky faucets, running toilets
• MYTH: Tenants just wreck the property

The Truths about Real Estate Investing? (the most "Able" investment)

• TRUTH: Accessible
• TRUTH: Appreciable
• TRUTH: Leverage-able
• TRUTH: Rentable
• TRUTH: Improvable
• TRUTH: Deductible, Depreciable, Deferrable
• TRUTH: Stable
• TRUTH: Livable

Other Advantages of Real Estate Investments

• Cash Flow - passive income
• Long-term debt at fixed rates don't have to sell to generate cash
• Assume older loans Click Here to Find Your Propportunity (property opportunity) Now

Find out more information that will be covered in Gary Keller's newest and final book of the investors trilogy "HOLD" by visiting The Korn Team's Investor Success Page

HOME SALES TAX
How will you vote?

Here is a recent email I received asking everyone to send to everyone they know. I thought this would be a great topic for our blog: (I have added a more clear understanding of what this means for Kansas City homeowners just below this original email)

---------- Forwarded message ----------
From: Kenneth Thompson & I received it from Jerry Stots
Date: Fri, Feb 24, 2012 at 2:23 PM

I thought you might find this interesting, -- maybe even SICKENING!

The National Association of Realtors is all over this and working to get it repealed, -- before it takes effect.  But, I am very pleased we aren't the only ones who know about this ploy to steal billions from unsuspecting homeowners.  How many realtors do you think will vote Democratic in 2012?

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it?  That's $3,800 on a $100,000 home, etc.  When did this happen?  It's in the health care bill, -- and it goes into effect in 2013.  Why 2013?  Could it be so that it doesn’t come to light until after the 2012 elections?  So, this is ‘change you can believe in’?

Under the new health care bill all real estate transactions will be subject to a 3.8% sales tax.

If you sell a $400,000 home, there will be a $15,200 tax.  This bill is set to screw the retiring generation, -- who often downsize their homes.  Does this make your November, 2012 vote more important?

Oh, you weren't aware that this was in the ObamaCare bill?  Guess what; you aren't alone!  There are more than a few members of Congress that weren't aware of it either.

You can check this out for yourself at:

http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home

I hope you forward this to every single person in your address book.

VOTERS NEED TO KNOW.
_________________________________________

It's HERE! NAR, MAR (Missouri Assoc of Realtors) and a some of the local Realtors have been fighting it off for years. Does your Realtor go to Jefferson City to help get support for homeowners rights? Do they respond to the requests from our Missouri Lobbyist to get the word out to our Congressment and Senators? Unfortunately only about 10%-15% do.

Something similar to this happened  7-8 years ago when they passed the law that real estate sale prices would be public knowledge. That meant that every sale from 7-8 yrs ago became the new tax assessed value. Did you notice 7 years ago that your taxes started to climb drastically? The reason is they tried to slip this law inside another bill. A handful of local Real Estate agents were in the chambers to fight this one off. They delayed the passing of the law because there was so much controversy. Then, while we were all in Jefferson City protecting the rights of homeowners by visiting with your Senators and Congressmen to help them understand what some of the new laws would do to Missouri homeowners, they put that vote back on the docket and passed it without any opposition. Result? Our local property tax values were about 20% under the current real estate value, and our property taxes began to climb.

The reality of this law passing? This has already been happening in many other states for years. Other states around the country have been paying a 1% (most common) and I have heard of some as high as 2% tax on all sale prices. It is not new, just new to us. We have expected it to work it’s way through after many many years of fighting it off for KC homeowners. The Missouri Association of Realtors has one of the BEST lobbyist on the planet and Sam (our lobbyist) has done an incredible job of helping us protect local homeowners rights AND getting MO Congressmen & House Rep’s to support the homeowners rights. We did expect that something around the 1% to 2% sales tax would continue to work it’s way through the system.

So what is the result? The truth is, this will NOT be something fun to pay and it is going to affect equity (somewhat) if it is passed. We could lose one year appreciation on our property values every time we buy a home or piece of property AND if you hire a Realtor that sells more than one to two properties each month, and rely on someone helping regular home owners get 2-4% higher sale prices because they sell 6-10 properties each month, and know how to help homeowners get more equity then this law may not affect you as much.

Because our appreciation in the past has been very solid around 3-5% appreciation each year up until the end of 2005, that 3.8% sales tax is basically one year of appreciation out the window. In a normal market where we are appreciating, that just means you won’t be able to move every 3-5 years like most Kansas Citians would do, it means you will just move every 4-6 years. This is what has happened lately. In our current market conditions, mostly our market has been flat. If there was any depreciation, it has mostly been in homes priced over $225,000 in Missouri, and homes over $300k in Kansas. That means there has been no appreciation for the past 6-7 years and most people have now been in their homes for 7-10 years. I wanted to thank Jerry for forwarding this email to me because it really makes us all look at your voting decisions more seriously, and even though you may be in complete favor of a new law, especially when it is for schools, etc. you  may be passing another law, buried inside that one, that will cost you thousands of dollars.

If you would like to find out more about how this law would affect you and the value of your property, don’t hesitate to give The Korn Team a call. We have been helping and average of over 100  home owners and home buyers, per year for the past 7 years, take advantage of the current market  conditions. You can call us directly at (816) 224-KORN (5676) or visit our website at www.kornteam.com to get our email or mailing address. Vote wisely this election year and make sure that when you vote in support for something you are passionate about, that you are not voting for something else you absolutely do not support.

an interview with Brad Korn of The Korn Team, Keller Williams Real Estate:
The episode you were on aired in 2009, if you recorded the show for the same house now, what things would be different when considering what the home was worth?

I would truly have to look at how many sales have happened in the past 12 months and compare that to how many are for sale. If there are twice as many homes for sale vs what sold, then they are going to have to get VERY competitive on their price and stay around the #4-#6 position if there are 10 homes for sale. On the other hand, if there are only a couple homes for sale in that neighborhood and 10 have sold, we are seeing a HIGH DEMAND for that neighborhood, and we can command more in the asking price. Low supply, High demand gets higher price. High Supply, Low demand causes prices to drop.

Your home value is completely determined by the amount of Suppy & Demand. Don't just take someone's word that your house is worth $XXX,XXX, in fact if someone every tells you your home is worth more than you thought it was...grab a real estate contract, hand them a pen, and ask, "So, you will buy it for that right now?"  Get an honest opinion on the value of a property by conacting The Korn Team at (816) 224-KORN (5676)  or visit our website at www.kornteam.com and we can schedule a convenient, no cost, no obligation Broker's price opinion on how you can take advantage of your current neighborhood conditions.

an interview with Brad Korn of The Korn Team, Keller Williams Real Estate:
You were featured in an episode of "My House is Worth What?" On HGTV. What were the major factors you considered when deciding on the value of the home?

To determine the true market value we look at 3 different reports from the MLS. Where we are different from most Realtors, is we don’t find 3 comparable homes that are for sale, and 3 that sold. When you use that appraiser type method you are picking the 3 homes YOU feel is most like. Appraisers have a contract price in front of them when they do an appraisal. They are hired to help the bank determine if they should loan this amount to the buyer. When an appraiser finds 3 comparable homes, that average the sale price, they are letting the bank know that 3 other homes did average around this price. Where we get in trouble is if everyone is always using the 3 highest sales. Anyone can justify a price…but what are the true buying patterns of the buyers in the market place. The appraiser method isn't wrong, it just does not take into consideration ALL the supply and ALL the demand. To prove the point, if you use 10 different appraisers and give them 10 slightly different sale prices on a property, it would be rare to see all 10 use the same three comparables. They are using their opinion. The best opinion to determine the price of a property is a true buyer (not being sold by an overly aggressive sales person) that looked at 10 similar properties and see what they say the fair value is compared to all the homes they saw.

Here is another thought about why prices are different. Some agents (and even appraisers) might include a foreclosure in the neighborhood into their evaluation. Here is where that might not be a valid comp. If a homeowner is not in a distressed situation think of this scenario: If a neighborhood had 10 regular, non-distressed closed sales and 2 foreclosures sold, do you think the values are dropping in that neighborhood? It appears that a more significant number of regular sales are happening than foreclosures. If you are getting the value of your property from someone that uses the lowest price and the highest price and calculates an average price…that average is skewed and is actually lower than the true average. Can you see how IF the subject property is a regular sale and there are significantly more regular sales..why wouldn't you only use the average of the regular sales (if there were only 1 or 2 foreclosures)? The typical buyers out there in the market place right now, do not see values dropping in that neighborhood because of a couple foreclosures. The sale prices show the actual buying consumers are still paying regular price. The flip side is, if there are 10 foreclosures and 2 regular, non-distressed sales, then what buyer in the marketplace is going to want to buy in a depressed neighborhood when they are comparing that neighborhood to 10 other neighborhoods that may have more “regular” sales.

It is truly all about Supply & Demand! Remember that class in high school everyone hated…ECON 101? Guess what, that is what real estate is. If there are 10 homes on the market and a homeowner wants (or needs to be) priced at the #10 spot on that list that would make them the MOST expensive home on the market. In a FLAT or Depreciating market, that overpriced listing will make #1-#5 look like a really great deal! That is when I would advise a homeowner to not sink any more money into the property. It is already  going to sell for less than they want, so why lose more money? Each property and each day brings a new set of circumstances therefore you truly want someone knowledgeable in this aspect of valuing property to help you determine what the market will bear.

The best value for spending money on a home is adding square footage or adding a bedroom. Believe it, or not, adding a bathroom is truly not going to add more to your sale price (UNLESS you are going from one bath to get 2 baths in your property). Think about it…do you really think a buyer will pay $5,000 more for a home that has 2 ½ baths vs 3 baths? When they compare the two…they may make the offer on the home with 3 baths, but they will offer the price they would have paid for the 2 ½ bath home.

See more about our HGTV episode at www.kornteam.com

interview with Brad Korn, The Korn Team, Keller Williams:
What trend do you see when it comes to individuals house hunting? Are more people looking for new builds or homes in established neighborhoods?

They are looking for BEST VALUE! Buyers typically look at 10 homes before they make a decision. In today’s market they might even look at 20 homes. Remember, as I said in the nicest home comment…buyers are comparing a property to 5-10-20 other homes. The nicest home can only sell for the top dollar if it wre the ONLY home for sale. A Seller typically gets bad advice from the everyday, average Realtor that is pricing in negotiating room. Again, this only works if you property is the ONLY home on the market. When a seller puts negotiating room into a price, then the other house on the market that is now priced properly TAKES THEIR BUYER! When seller’s say, “well, they can make us an offer” the reason they don’t get the offer is because they just made their competition look like a better deal AND the buyer made the offer on the better deal…not the overpriced listing.

The Korn Team has one of the most aggressive marketing plans in the country! While others are cutting marketing out, we continue to do the things that help our clients get 1-4% higher sale prices over almost all of our competition. Don't trust your equity with just anyone. Contact The Korn Team today at (816) 215-KORN (5676) or visit our website at www.kornteam.com to see how our marketing plan can help you find more buyers and get more exposure to your property. Our marketing plan has proven to help us average over 100 sales each year for the past 7 years.

interview with Brad Korn, The Korn Team, Keller Williams:
What advice would you give to individuals trying to sell an older home in this market?
 

Before you spend a lot of money, we need to truly evaluate the “return on investment” in any money being spent just to sell. An older home can look and compete if the seller first does some easy things without spending money. The main thing is to STAGE the house. When The Korn Team says “stage” we mean pack up everything! Well, really our general rule of thumb is no more than 1-2 things on every wall, shelf, flat surface, etc. AND there are 2 rules that go along with that. #1- no personal or family photos anywhere. #2) nothing sitting out that reminds the buyer they are in someone’s home. Buyers are uncomfortable ‘snooping’ through a total strangers’ home. Put the daily things you need, coffee pots, toasters, toothbrushes in the cabinet. Heck, just pack everything up that you don’t need for the next 30-60 days and put the daily needs in the cabinets. You are moving, right?

Don't just trust anyone with your equity. National Board of Realtors track that the average agent only sells 4-6 properties per year. Unfortunately, many Realtors don't sell enough houses each month to truly help home owners take advantage of a market or give you the real true advice you need to hear. The Korn Team has average around 100 sales per year for the past 7 years. We know what it takes to get the most equity out of a market. You can get a free, no obligation evaluation by contacting us at (816) 224-KORN (56756) or visit our website at www.kornteam.com. We can schedule a convenient time to meet and evaluate how your home will compete in today's market.

interview with Brad Korn, The Korn Team, Keller Williams:
How do you feel being the nicest home in the neighborhood affects the ability for the home to sell?

My normal response in a market like this is that “you do not want to be the castle in the neighborhood” and therefore if someone ‘TRULY’ has the nicest house in the neighborhood, they need to realize that is not going to help them. The only way this can help is if they were the only house for sale…or there is very low inventory AND everyone currently on the market is way overpriced. Remember, it is truly about Suppy & Demand…NOT 3 most-like comparable sales. Let me explain. If you have 12 homes for sale, and use the 3 highest sales as comps…we can justify why someone would price higher, but what about the true read on the market that there are 9 more sales lower.

We help a seller with the nicest home in the neighborhood realize that they are going to get just a little bit more than the other homes if they have incredible updates, however, hopefully they have some enjoyment value from living in an incredible house.

If you feel your home is one of the nicest homes in a neighborhood, be sure you contact The Korn Team at (816) 224-KORN (5676 or visit our website and reach us at www.kornteam.com. We can help you determine if you can put more equity in your pocket. Do not list with anyone else until you have met with us. Our meeting is not a sales pitch..it is an evaluation of your currrent situation and we help over 100 home owners and home buyers get the most out of these market conditions every year.