Payson Agent's Blog: All Categories

Hi, from Payson! Wow! Sellers think the summer is going to be a better market! Or at least they are HOPING so.

In the town of Payson there are currently 358 homes (site-built, manufactured, modular or kit, NOT mobiles) on the market active. Prices are NOT going down.

By contrast, only 212 homes in those categories have sold in Payson, SINCE JAN 1st!

Hi, from Payson, Arizona!

We own our own real estate office in Payson, which is a very small town about 90 miles north of the Phoenix area. There are a lot of homes for sale here, inventory is increasing, prices are staying fairly steady and are comparable to prices in Phoenix. We manage about 70 rentals, as well as sales, BUT the sales are really slow right now. We are known more for rentals than for sales, and we are looking for a way to attract more listings to our office.
I might as well come right out and say it: we're considering offering discounted commissions under certain circumstances. Why, you ask- aren't we worth a full commission? Well, we're worth a million dollars, but we don't really expect a client to pay us that. We (my husband and…

Hi from Payson, Arizona! We get the calls all the time. People are thinking about moving to Payson, and they want us to find them the perfect property. As we talk we hear the same story- what they want is the little cabin in the woods, on acreage, near a lake or with a creek, no neighbors real close. And the REAL kicker is that  they want it for $100,000! (A few years ago they wanted it for $50,000.) Now possibly back east one CAN find a cabin, out by itself, for a reasonable price. But Payson is surrounded by National Forest. We have a county map up on our office wall just to show people. Almost all of the map is green (representing government land) with a few little spots of white, the largest of which (still pretty small) is Payson.

There ARE cabins…

We've been in RE for almost 40 yrs between my husband and I, and we know what to tell Sellers who are wanting to sell one house and buy another.

-Get the house you're selling on the market, Sellers for the house you're wanting to buy will probably NOT take a contingency on yours selling. Don't start looking too soon. Don't put the cart before the horse.

Of course we don't always listen to our own advice...

We bought a house in Payson, AZ right before the market started climbing almost straight up. We bought it as a fixer-upper to live in while we still had our two teenage sons at home. It was one of the FEW houses we looked at that had enough paved parking for our cars and our sons' friends' cars. We have redone the inside nicely, but still have to…

Hi, from Payson, AZ!

Because the real estate market is changing some owners are nervous that they won't get their price if they sell now. We handle both sales and rentals, and we find ourselves advising people of the pros and cons of renting out vs. selling. There are many things to consider, one that owners might not think of is how emotionally attached are they to the property.

An owner will almost certainly NOT get a property back in the shape it was, no matter how good the tenants have been. Does the owner have carpeting that they picked out and ordered special? Are there handmade touches that might accidently be destroyed? Have they done custom faux finishes on the walls? Did they nurse the grass along or put in a perennial garden that comes back…

I've looked around the site a bit. Is it mostly people who have these here who read each other's posts? It's interesting to read about other people's real estate area. Here's mine:

We (my husband and I) own a small office in Payson, AZ. Now most of the people who live in Arizona DON'T KNOW where Payson is (that's ok, I tell people the terrorists can't find us either). We are in the central mountains, 5000 ft elevation, which means we have pine trees, cooler temperatures, and even a little snow. At the same time, we are easy driving distance to the Phoenix area.

Real Estate prices here tend to be a litle higher than Phoenix metro. We are surrounded by National Forest, so we can't expand outward the way they are. Keeps values up. Agents here are pricing…

OK, I used to have a RE blog on my web site but stopped it. SO why, you might ask, am I starting this? I have no idea, except that it is late on a Moday afternoon and I don't feel like working. Read Full Post