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Welcome to Global Realty Group, LLC

Your San Antonio and Surrounding Area Property Management and Realty Company

We specialize in full service property management and real estate services to fit your needs as a home owner or investor and tailor our solutions to ensure that you have the highest level of service for your home. Focusing on developing long-term relationships is our way of doing business along with listening to our prospects and clients to assess their needs and desires before recommending solutions. We trust that this is the reason our clients continue to come back to us for their real estate needs and recommend others to our team.

Whether you are looking for a home or have a home to sell, fast dependable service is most important. Having a wide variety of homes to choose from, working with a company with experience that you trust, and realtors who listen to your needs, is the right combination to help you make the right choice.

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Too Little, Too Late

Web Admin - Tuesday, May 24, 2016

Selling a home can resemble riding a roller coaster. There is the starting point of filling out paperwork, deciding on a price, taking pictures, and figuring out a listing date. Then there are the highs of receiving an offer and negotiating the contract. But sometimes the lows come flying in when the contract doesn’t come together. Sort of like riding a plane with a bit of turbulence followed by a safe landing.

Emotions can run the gamut when we are negotiating a contract. Sometimes buyers are left with the feeling of not wanting to make a mistake but also not trusting their agent to understand which road to take. It’s at these times when buyers can become “stuck.”

Whether or not a buyer is stuck, decision making is not easy. If the final price they will accept for their home or the ensuing repairs is a concern, it’s always a good idea to ask your real estate agent the consequences of not moving forward.

Recently, a seller client became stuck. He had received a cash offer, not asking for anything other than a home warranty plan that would probably cost $550 and a quick closing. The buyer was even willing to pay transfer fees and capitol assessments! And yet the seller stopped cold in the negotiation process and stalled at a specific price, higher than the final offer by the buyer.

My advice and sales comparisons were ignored and the contract fell apart. We are now waiting for showings to re-start and hopefully another offer will surface soon. If we receive a financed offer, there will be appraisal contingencies and the buyer has to complete the financing process. There are more ways a financed offer will fall apart versus a cash offer. Even this advice was ignored.

If you can’t trust your agent to be your advocate, then you are working with the wrong agent. Interview your agent and ask what they would do in the above situation. Sound reasoning and advice should be the answer. Too little too late, we don’t have any showings planned and he is now back pedaling wishing he had listened to my advice.

By Jan Green

Should Retirees Rent or Own?

Web Admin - Friday, May 20, 2016

Richard Mia/The Wall Street Journal

Rent or own? It’s a question many young adults face as they try to find the right balance between their housing needs and financial situations.These days, many older homeowners are grappling with it, too.Home-sales data and anecdotal evidence suggest that more baby boomers are putting for-sale signs on their homes this year, seeking to unlock the equity they have regained since the housing downturn.The National Association of Realtors, too, says the median age of home sellers has risen to 54 from 46 since 2009, an indication that empty nesters who were waiting for a housing-market recovery are starting to list their properties.Of course, planting a for-sale sign in the yard raises the question, “Where to next?” And for baby boomers—especially those with oversize houses and inadequate savings—it is a decision that could have a major impact on how they fare financially in retirement, some experts say.

Unlocking equity

Although investors have been told for years not to think of their primary homes as investments, having a healthy chunk of home equity can make a big difference when it comes to planning retirement finances.

“If retirement savings present the risk of a shortfall, one of the best things you can do is liquidate real-estate assets,” says Christine Benz, director of personal finance at Morningstar Inc. “That’s more palatable than hearing you need to keep working until you’re 72.”

Andrew Carle, executive in residence at the Senior Housing Administration program at George Mason University and a senior housing researcher, says it is important for older consumers to consider their needs not just for the next few decades, but for the final one-third of retirement.

“We know that the boomers haven’t saved enough for retirement,” Mr. Carle says. “What they do have is equity in their homes; but do they know how to spend it? Most of them haven’t thought about the last five to seven years of their retirement, which will be the most expensive.”

Those who opt to rent, Mr. Carle cautions, must be careful not to “fritter away” the cash they unlock through a home sale and instead try to preserve it for future income or medical costs.

Asset or albatross?

Renting has both advantages and disadvantages for older consumers. On the plus side, renters typically enjoy a wider range of housing options, flexibility (a one-year lease is a short-term commitment) and the fact that building managers handle repairs, landscaping and snow shoveling.

A big financial disadvantage for older renters, however, is that as rising rents take a bigger portion of a fixed income, there is no offsetting increase in equity like there often is when you own a home. And rental prices can double over a 25-year period.

Charles Farrell, a financial planner with Northstar Investment Advisors LLC in Denver, says if a rental starts out at 30% to 40% below the prior mortgage payment, it may be worth considering. But he advocates that seniors not spend more than 15% of their annual retirement income on housing—rented or owned—because as the years progress, medical expenses typically rise. (Other financial planners says seniors should spend no more than 25% on housing, and less if they own a home outright.)

By Jane Hodges

Buyers don't feel like they're being stalked when they come to your house if you have a Realtor®

Web Admin - Tuesday, May 17, 2016

Buyers tend to prefer viewing homes without the owner present. When selling a home yourself, this is not possible. You may also attract fewer buyers, because not everyone is comfortable handling real estate transactions on their own. Buyers who feel intimidated by this process will likely consult with a Realtor®, and will consequently avoid viewing any “for sale by owner” homes.

Buyers hate when the owner of a property is around during the showing. Allow me to repeat, buyers hate when the owner of the home is present during a showing. It’s like the feeling you get when you start shopping for that new car. Do you want the car salesperson approaching you as soon as you get out of your vehicle and then hanging around with you as you look at the vehicles on the lot? Most people would answer no. This is the same exact feeling potential buyers get if a seller is at their home during a showing.

I've found several things when a seller is around during a showing. (1) the buyers will not openly communicate their feelings about the home when the seller is present. The buyer feels as if they cannot talk freely since the seller may think of the home almost as strongly as if it is their child. So, most buyers will politely keep their mouths shut while they look. (2) The buyers will not stay very long at the home when the seller is around. Again, sellers have a tendency to hang around and follow the buyers in an attempt to (a) try and sell their home and to (b) be (what they think) is helpful. Neither of the aforementioned seller actions are helpful. Not only are the actions not helpful, they hurt the sale of the home. Knowing this, you can now understand why buyers will not stay very long at a home where a seller is present. The buyers feel pressured. They do not want to feel pressured...period.

Pressuring a buyer does not sell a home. Having what the buyer wants in upgrades, # of bedrooms, neutral paint colors, etc is what sells a home. Good Realtors® know exactly what sells a home and they can help you with these issues.

The last & most important thing I've learned/heard when a seller is present is this - 99% of buyers personally tell me that it is "uncomfortable" and "awkward" when a seller is present at the showing of their own home.

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Schertz TX, 78154
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