Homeowners are often surprised when they receive their annual statement from the local tax appraiser’s office. Often the assessed value of their home is very different than what they believe the property is worth.
Now’s a great time to take a look at the difference between two common real estate terms: “Assessed Value” and “Market Value.”
The Assessed Value is the dollar value assigned to a property by a public tax assessor for the purposes of measuring applicable taxes. The number is very often a point of contention with homeowners, who may believe it to be too high or too low. The Assessed Value does not offer a shortcut to a home’s Market Value.
The Market Value is the highest estimated price a property will bring in a reasonable amount of time if exposed for sale on the open market. Market Value is influenced by such factors as homes that recently sold in the area, the location of the property, the home’s amenities, and the condition of the property. Of course, Market Value is also influenced by the current economy.
Knowing the difference between Assessed Value and Market Value is great. But even better is knowing what your property is worth in today’s fast-paced North Texas housing market.
To get started, contact an Ebby Associate today. To find the right agent for your real estate needs, visit daveperrymiller.com.
The Ebby Halliday Companies’ brand-new, just-released apps mean your new home could be just a tap away. The Ebby Halliday Companies include Dave Perry-Miller Real Estate, Ebby Halliday Realtors and Williams Trew.
“With our new apps, MLS listings across North Texas are in the palm of your hand,” says Travis Mathews, vice president of Strategic Growth & Technology for the Ebby Halliday Companies. “Our primary goal for this release was providing consumers with the most intuitive mobile real estate experience possible.”
Whether they’re shopping by price, location or aesthetics, users of the new Dave Perry-Miller Real Estate app will find it’s easier than ever to browse homes for sale.
“Our new mobile apps provide access to real-time property information and smart messaging tools,” Mathews says. “They make it easy to connect with your agent from any mobile device, as well as create saved searches and add favorites at your convenience. Simply put, our mobile-first home search with built-in chat makes collaboration fast, easy and fun.”
In addition to the ability to connect anytime, anywhere, the new Ebby Halliday Companies apps offer easy-to-use home-search options, including a Draw Tool that allows you to draw custom boundaries using your finger on a map view to filter available homes within a specific area; a Commute Time feature, in which you can view properties within proximity to your work, daycare or other regularly traveled places; and a Home Scan feature that uses augmented-reality technology to overlay property details through your device’s camera.
“In the mobile world that we live in, simplicity is the name of the game,” says Mathews. “It’s simple to find our apps in the Apple App and Google Play Stores. And perhaps most importantly, it’s extremely simple to navigate the apps themselves. They’re fast, look great, and feature such functions as scheduling a showing and pre-qualifying for a mortgage. All while keeping your agent’s contact information at your fingertips.”
The new Ebby Halliday Companies apps seamlessly integrate with daveperrymiller.com, ebby.com and williamstrew.com, so clients’ accounts, saved searches and favorited properties sync between the apps and websites. The Dave Perry-Miller Real Estate Ebby Halliday Realtors, and Williams Trew apps are available on the Apple App Store for iPhone and iPad, and on Google Play for Android devices. Download the apps today for free and experience modern home searching with ease.
With locations across North Texas, the Ebby Halliday Companies include some of the most-respected brands in the country. In addition to its real estate brands, Dave Perry-Miller Real Estate, Ebby Halliday Realtors and Williams Trew, its core-services companies include Prosperity Home Mortgage, Home Team Insurance and Texas Premier Title. For more information, visit the award-winning ebby.com.
The Ebby Halliday Companies are excited to announce a new partnership with Nations Home Warranty, a widely respected Dallas-Fort Worth-based home warranty services provider that has served the North Texas region since 1996. Known for exceptional service, Nations Home Warranty offers concierge service regardless of a home’s price point.
“The Ebby Halliday Companies take pride in continuing to innovate, adding new tools and services that meet agent and market needs and ultimately provide a preeminent experience for our clients,” says Vice President of Finance and Operations Anthony Jackson. “Adding Nations Home Warranty to our arsenal of tools is exactly the type of service that sets our agents and company apart.”
Says Vice President of Core Services Catherine Sims, “We believe Nations Home Warranty is a great local fit in our market. Partnering with this respected brand is a win-win for our agents and our valued clients.”
Sims says that after working with Jonathan Seem, senior vice president of new channel partnerships, and Julie Jones, vice president of real estate sales for Nations Home Warranty, the direction was clear. “Offering a well-established, well-known and respected second warranty partner that will provide exceptional service to our Associates and their clients is something we really wanted to provide,” she says.
In addition to this new partnership with Nations Home Warranty, the Ebby Halliday Companies proudly partner with American Home Shield to provide home warranty services.
“Our clients always have a choice on the products and services they utilize in their real estate transactions but through these partnerships, we’re making it easier than ever to help our agents stand out as the experts in the marketplace,” says Sims. To learn more about Nations Home Warranty, visit home-warranty.com.
With COVID-19 still wreaking havoc worldwide, July turned out to be a time to shine for clients like never before, and the agents of all three Ebby Halliday Companies brands — Dave Perry-Miller Real Estate, Ebby Halliday Realtors, and Williams Trew — did. They helped family, friends, neighbors, past clients and new clients get out of homes that no longer worked for them and into ones that did. In its 75-year history, the company has not had another month quite like it: 2,000-plus transactions translated to $1 billion in sales volume.
It’s not surprising given the leadership style of the positive, patient, compassionate and strategic President & CEO Chris Kelly. Agents know they have in him a champion for their corner and have been emboldened to follow his lead.
“Really, really remarkable,” Kelly said, in a recent video call to the entire company. “This just doesn’t happen unless every single one of you are dedicated and getting the job done. Think back to three months ago, and imagine ‘we’re going to have the best month we’ve ever had in our 75-year history during a pandemic …’ It’s just unbelievable. But those transactions did not happen without each and every one of you. So, thank you!”
Not only was it a great month sales-wise, but the Ebby Halliday Companies outperformed the market once again in both New Listings and Pending Sales, according to North Texas Real Estate Information Systems, Inc.
North Texas’ residential real estate leader is also growing its footprint across the region. A new Ebby office recently opened in Cedar Hill and a new, larger Prosper office is currently under construction.
“The past few months have been in overdrive with the North Texas real estate market ‘exploding,’ ” Kelly says. “Our team has risen to the occasion and worked days, nights, weekends and everything in between to serve the needs of our valued clients. I am so proud to lead this extraordinary group of individuals – it’s truly been a team effort.”
Celebrating 75 years of service in 2020 to North Texans and those moving to the region, the Ebby Halliday Companies are No. 1 in Texas by sales volume. The Ebby Halliday Companies were acquired by HomeServices of America, a Berkshire Hathaway affiliate and the country’s largest residential real estate company based on transactions, in 2018. The Ebby Halliday Companies’ core-services brands include Prosperity Mortgage, Home Team Insurance and Texas Premier Title. For more information, visit the award-winning daveperrymiller.com.
The hard-working team at Ebby’s Property Management Division has spent the past year increasing operational efficiencies, expanding its client base and creating opportunities for agents to grow their businesses. Ebby’s Property Management Division is responsible for the day-to-day management of hundreds of single-family homes, townhomes, duplexes and condominiums across North Texas.
This week marks the one-year anniversary of Mayur Chudasama joining the Ebby Halliday Companies as director of the division and the changes he and his team have implemented have revolutionized property management at North Texas’ largest residential real estate brokerage.
“I want to thank everyone on our team and throughout the Ebby Halliday Companies for their support over the past year,” Mayur says. “It’s our honor to support the best agents in the business. Operational changes always bring their own set of challenges and I can’t express strongly enough how much we appreciate your support as we have grown our offerings and improved our services over the past year.”
Mayur says three areas of emphasis have been at the forefront since assuming his new role: operational efficiency, expansion and agent education.
Under Mayur’s leadership, Ebby’s property-management clients are benefitting from increased efficiency through updated technology, including a new web-based platform. The division also recently launched a new website for property management. Everything from tenant applications to landlord statements can be accessed online.
Ebby’s Property Management Division is actively growing its partnerships with select third parties, adding convenience for clients and protection for landlords. Just a few examples include a utility concierge service, a pet-screening service for applicants, and an HVAC filter-delivery program.
Within the first few months of assuming his new role, Mayur visited each Ebby Halliday Companies sales office to meet directly with agents and to highlight the division’s Property Management services.
“I have really enjoyed getting to know our agents, whether in-person or virtually, and spending some time with them introducing and reinforcing the range of property-management services we offer,” Mayur says.
In the past year, Ebby’s Property Management Division has grown – and is actively growing – its footprint in North Texas. The division manages approximately 600 properties across the region.
Thirteen agents who focus almost exclusively on leasing and property management serve such cities as Dallas, Frisco, Plano, Arlington, Denton, Sherman and McKinney, among others. In addition to strong local and national connections, some of these professionals have also developed relationships with international clients, helping them find D-FW properties and manage those properties.
As the region grows, corporate suites and short-term leasing will present additional opportunities for future growth, Mayur says. To better serve these valued clients, Ebby’s Corporate Suites Division is now part of the Property Management Division.
Real estate is an ever-changing business and staying on the cutting edge is critical to a real estate professional’s success. Providing education and training is a top priority at the Ebby Halliday Companies.
Under Mayur’s leadership, Ebby’s Leasing class has been revamped. Any agent who wants to be involved in leasing is required to take the new class.
“In this ever-changing business, an agent who stays on the cutting edge through effective education is vitally important to his or her client, and ultimately to a successful transaction,” Mayur says. “Our in-house training programs are recognized as the best in the industry – and I’m proud to say that we offer our agents the highest referral fee possible – typically a half-month’s rent.”
It’s been a busy year in Ebby’s Property Management Division and Mayur says the future is increasingly bright.
“We want to expand our number of property managers and the number of properties we manage, all while maintaining the high standards we have set for ourselves and that our clients have come to expect,” he says. “We are grateful for the support we receive daily and are intensely focused on delivering our clients a world-class property-management experience.”
For more information on the Property Management Division of the Ebby Halliday Companies, visit daveperrymiller.com.
Getting ready for the new school year looks different for many families this year. Regardless if classes are virtual or in-person, one thing that can be certain is making sure the kids take on every school day with a good meal. That means having the perfect kitchen space for breakfast, lunch, snack time and dinner.
Streamline your back-to-school routine with these 10 delectable kitchens.