Bobby Lieb

DRE: BR007861000


(602) 376-1341

Bobby's Blog

Housing market is still going crazy

Posted On: June 8th, 2021 10:18PM

Are we really into the third month of 2021? I hope you guys are all staying healthy!

I want to thank HomeSmart International for naming me the #1 producing realtor in our company for 2020 with 125 sales and more than $90 million in sales. HomeSmart has more than 7,000 realtors in the Valley and 20,000 agents throughout the country in 30 states. We also now have 550 agents in our North Central office that I opened 10 years ago with just 12 agents. I truly am very thankful to all of my clients over the past 30 years (over 3,800 homes sold) and many of you have purchased multiple homes from me.

I also want to thank Fox 10 TV for interviewing me on Feb. 15 on the Phoenix-area housing market, where many buyers

are currently paying far over selling price in order to buy a home. The last four to five months are the craziest I have ever seen in real estate and I feel it will continue throughout the rest of the year. Our area is seeing buyers who are moving from out of state and they see that you can get more value in the Phoenix market then from where they just moved. Even local buyers are paying over listing price and some are even waving inspection and appraisal contingencies. Some agents are having potential buyers make offers and three days later they will announce who the winning buyer is.

One advantage that I feel that has worked for me is I have been predominately a listing agent for 30 years although I do find myself representing many buyers now because of the demand. I really believe in listing some homes as COMING SOON, which allows the seller a few weeks to get their home ready but still allows me to show the home without using up days on the market. This has helped us in selling 19 homes so far in 2021...

My wife, Mary Ann, is now a licensed realtor with HomeSmart and she had a first-time buyer who fit the exact profile of a home that I had as a COMING SOON at 1 E. Butler. She showed the buyer the home and we made a deal with the seller who was thrilled that they did not have to deal with having many agents and buyers through their home and they got the price and terms they wanted.

If you have a home that you are interested in selling or if you ready to purchase a home in the next few months, please give us a call.

Have a great March!

 

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