Meet My Lender Tom Ross

Staged to Sell with Robin Leigh

Hello everyone! Thanks for returning to my real estate video blog.

Today, I am so excited to introduce to you Robin Leigh from Staged to Sell Design. Now, we are at a home in Arcadia. This home was on the market for three months and I had 60 showings, but no offers. It was kind of bizarre!

Robin came to me and said she thought I needed to stage the property. So, we pulled it off the market and she staged the entire home! We put it back on the market and we sold it in 5 days with three offers! So, folks, I am a believer!

Robin, tell us what is home staging?

Staging is taking a property and making an evaluation of its best features. Then we create a plan around those features to show the property at its very best.

When we go into a home, we first look at what we can take away. Often times, staging is about decluttering a home.

Staging is not decorating, although decorating is an aspect of the staging process. So, we minimize; we recommend people take pictures down; put their books away; get a fresh coat of paint. Then if the home needs more modern furnishing we will do that as well!

You can take a look at our website www.StagedToSellDesign.com and see the before and after pictures!

Thanks for watching!

What's Happening in the Phoenix Market?

Thank you for joining me again! It is 115° in Phoenix today and buyers are still out looking for homes. The year is halfway over and I wanted to give you a market update!

There are multiple market segments in the Phoenix area and all have inventories of just around two months. A balanced market has a three to four month inventory. So it is still a strong sellers’ market today. Below are just a few of the market segments’ supplies:

East Valley: 1.7 months

Desert Ridge: 1.4 months

Northwest Valley: 2 months

Peoria/Glendale: 1.6 months

Southwest Valley: 1.8 months

I also wanted to tell you about the absorption rate. The absorption rate is the percentage of sales that sell each month. The higher the percentage, the more of a sellers’ market it is. Certain areas of town have very high absorption rates, they are:

East Valley: 58%

Desert Ridge: 70%

Northwest Valley: 51%

Peoria/Glendale 63%

Southwest Valley: 57%

What does this all mean? It is still a very strong sellers’ market. So now is the time to sell your home! Give me a call at 602.413.8195 so we can get started on putting your home on the market! Or send me a quick email Monique@moniquesells.com if you want information about your neighborhood!