2016 RE/MAX Tennessee Awards

stairs 686x1024 - 2016 RE/MAX Tennessee Awards

RE/MAX Regional of Tennessee hosted it's annual awards show Feb 15, 2017 at the Sheraton Hotel in beautiful downtown Nashville, TN.  All of the area brokerages were in attendance to help honor those who exemplify what it means to be a RE/MAX agent, team and brokerage.

Team George Weeks stands with this group of exceptional agents yet again.

2016 RE/MAX Tennessee Regional Team in Closed Transactions #3

2016 RE/MAX’s Tennessee Regional Team Overall in Tennessee #5

Individual Agent Awards

George Weeks - 2016 RE/MAX Tennessee Regional Titan’s Club Award for Sales

Erin Kosko - 2016 RE/MAX Tennessee Regional 100% Club Award for Sales

Eddie Mann - 2016 RE/MAX Tennessee Regional Executive Club Award for Sales

Mike Patterson -  2016 RE/MAX Tennessee Regional Executive Club Award for Sales

Chris Smith -  2016 RE/MAX Tennessee Regional Executive Club Award for Sales

We are also very thrilled to announce that our brokerage RE/MAX Elite & owner Carrier Zeier earned the 2016 RE/MAX Tennessee Regional Highest Net Gain Award.

Team George Weeks would like to thank all of our clients, both current and past, for allowing us to serve their real estate needs and helping us to achieve these honors. We look forward to even more success in the future!

2016 RealTrends America’s Best Real Estate Agents

 Local RE/MAX Agents Named Among”America’s Best” RT-Badge-Lockup-11 small

Team George Weeks Earned Ranking for 2015 Homes Sales 

Murfreesboro, TN 7/19/16 – Team George Weeks with RE/MAX Elite is among the top RE/MAX agents and teams featured in the 2016 REAL Trends “America’s Best Real Estate Agents” survey. The agents included in the survey represent less than 1 percent of all real estate professionals in the United States.

“Team George Weeks is dedicated to ensuring our clients receive the highest possible standard of personalized service when buying or selling their home,” said Weeks. “To be recognized for our hard work as ‘America’s Best’ alongside so many of the best real estate professionals in the business is a true honor.”

“America’s Best” is the industry’s largest ranking of agents based on homes sold in 2015. The survey is open to individual agents who closed at least 50 transaction sides or $20 million in sales volume and teams who had at least 75 sides or $30 million in volume. The fourth annual ranking groups agents by state and metro area. Both individual agents and teams are recognized for their number of transaction sides and/or sales volume.

Team George Weeks has more than 25 years of experience in the real estate market. This is the third year Team George Weeks has been recognized among “America’s Best.” Ranking #8 Team By Sales and #16 Team By Volume MSA.

RE/MAX agents accounted for 22 percent of the more than 12,000 participating agents who qualified for the survey. This year, RE/MAX had more agents named in the survey than any other brand.

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About RE/MAX Elite:

RE/MAX Elite is a locally owned and operated full-service real estate brokerage located in Murfreesboro, TN and specializes in residential and commercial real estate. RE/MAX Elite is a proud sponsor of the Nashville Predators as well as supporter of Habitat for Humanity.

 

 

Will Appraisals Continue to be a Challenge in 2016?

Will Appraisals Continue to be a Challenge in 2016? | Keeping Current Matters

First American Title issues a quarterly report, the Real Estate Sentiment Index (RESI), which “measures title agent sentiment on a variety of key market metrics and industry issues”. Their 2015 4th Quarter Edition revealed some interesting information regarding possible challenges with appraisal values as we head into 2016.

“The fourth quarter RESI found that title agents continue to believe that property valuation issues will be the most likely cause of title order cancellation over the coming year.” 

This shouldn’t come as a surprise. In a housing market where supply is very low and demand is very high, home values increase rapidly. One major challenge in such a market is the bank appraisal. If prices are jumping, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed recently) to defend the price when performing the appraisal for the bank.

Another monthly report by Quicken Loans measures the disparity between what a homeowner believes their house is worth as compared to an appraiser’s evaluation. Here is a chart showing that difference for each month through 2015.

Will Appraisals Continue to be a Challenge in 2016? | Keeping Current Matters

Bottom Line

Every house on the market has to be sold twice; once to a prospective buyer and then to the bank (through the bank’s appraisal). With escalating prices, the second sale might be even more difficult than the first. That is why we suggest that you use an experienced real estate professional to help set your listing price.

Source:  Keeping Current Matters