10/18/19 12:05pm

Redfin, the Seattle-based brokerage that launched as a disruptor, has brought it’s Redfin Direct service to Texas. Announced publicly last week, Redfin Direct soft-launched two weeks ago and already has active participants.

Redfin Direct gives real estate buyers in Dallas, Houston, Austin, and San Antonio the ability to make direct, online offers on Redfin-listed homes without the help of a buyer’s agent. 

In other words, paying zero commission.

The company has 231 active listings in North Texas. According to NTREIS data, Redfin has a 0.7 percent market share for units and an 0.8 percent market share for sales volume in North Texas.

“We have seen 10 offers thus far,” said Tony King, Redfin’s Texas broker. “Clearly, there is already a demand for this type of service in North Texas.”

Who are the buyers, what are the price points? King says he hasn’t seen any high-end luxury Redfin Direct sales as of yet, but Redfin Direct buyers are coming from across the board: investors, more-informed home buyers, even some first-time homebuyers who have done their research online.

“In places like the Park Cities (and Preston Hollow) we represent an incredible value,” said King.

But local brokers say Redfin Direct is no big deal: Consumers have always been able to buy homes without an agent in tow.

“Consumers have always had the ability to purchase direct from a seller and listing agent, that part isn’t new,” says Chris Kelly, President and CEO of the Ebby Halliday Companies.  “However, guiding a buyer and protecting their specific interests is the entire point of buyer agency. Helping to identify the property is just step one of about 100 that the buyer’s agent does, and is likely one of the smallest parts of their value proposition. Representing and protecting the interests of buyers should be expanded not diminished.”

Redfin also believes this could jump-start Redfin listings. If sellers can make their homes more competitive on price (minus the 3 percent agent commission), they might be more likely to list with Redfin.

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10/18/19 9:55am

Linwood

Seems I have to search for properties that aren’t even quite built yet to outrun the nimble Seth Fowler. See this week’s  Tarrant County Tuesday.

And even that is no guarantee. However, after finding that the dreamy Crestwood modern I had wanted to write about had been taken, I stumbled across a new, micro development that is more than promising.

Meet Wingate West 7th — new construction with a modern point of view while paying tribute to pleasing proportions of the past.

The townhouse development consists of two side-by-side buildings of five three-story units. The project is the latest effort from InTown Homes, whose sales are being spearheaded by dynamic broker, Brit Ewers. The project is located in a  neighborhood of mostly modest, single-story houses from the 40s, but lately, because of its desirable location between 7th Street and White Settlement Road, it has become the locus for small townhouse, urban infill development with Linwood Park at its nucleus. That makes the area a bit patchy with a lot of construction activity. Nonetheless, urban pioneers who buy early here are certain to be richly rewarded. Below is the current street view. 

Linwood

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With 18 years in the business, Brian Salcedo knows how important it is to meet a client’s expectations not just in the quality of construction, but with the entire building experience. Considering that building a custom home requires attention to detail and the patience of a saint, it’s easy to see why Salcedo Homes has earned the loyalty of their clients.

That’s just one of the many reasons we’re highlighting Salcedo Homes in this week’s Dallas Builders Association Member Spotlight.

Find out more about Salcedo Homes as the CandysDirt.com staff highlights some of the spectacular members of Dallas Builders Association right here, asking these consummate professionals all about their business as a way to brag on the many quality, trustworthy builders in the North Texas area that can count themselves among their peers in the Dallas Builders Association.
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10/18/19 9:32am

Click on the image above to find out more.

10/18/19 9:15am

Every once in a while, an offering comes to market that simply must be seen — and this Bluffview beauty is just that!

Situated in one of Dallas’ most sought-after neighborhoods, the three-bedroom, two-full-bath home on Glencrest Lane offers a prime location. An address so good, you’ll have no excuse to not pop over to Inwood Shopping Center for a bite to eat or to Highland Park to shop all the high-end boutiques. Yes, just owning a home in Bluffview inspires one to get out and enjoy the view. But typically, it comes at a price.

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10/18/19 9:00am

Another gem in Monticello Park has hit the market. This recently finished four-bedroom, four-bath home is a rare find indeed.  Plus, it’s a relative bargain in today’s’ East Dallas market. It commands a 60-foot-wide lot — about 10 feet wider than typical lots in this part of town.

“It’s a super cool house that conserves energy and provides a very flexible floor plan with luxury amenities,” Allie Beth Allman & Associates agent Gia Marshello said.

The home is the latest masterpiece from Jeff Dworkin’s JLD Custom Homes. It sits across the street from three other JLD homes, with construction set to start on another one soon.

“We’re very select in the neighborhoods that we build in and very selective about the properties that we go after,” Dworkin said. “We try to make a little community of our own when we can.”

Like all JLD Custom Homes, this one is Energy Star rated and certified green built. According to Dworkin, homeowners in similar houses have reported electricity bills lower than their water bills.

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10/18/19 6:00am

 

This has got to be the best event of the Real Estate year, I’m so excited to be a co-Emcee this year because I used to be a model and that’s really, really hard work. Sheila Fitzgerald really knows how to put on a fashion show.

If you have never attended, see if any tickets are left.

If you bought tickets, today is THE DAY!

What: The Women’s Council of Realtors, Dallas Chapter, Mad Hatter’s Tea and Fashion Show

Where: Belo Mansion (2101 Ross Ave. Dallas, TX, 75201)

When: 3 to 6 p.m.

Tickets: $75, available here

See you from the runway… today’s event also benefits Carry the Load and has some fabulous auction items.

Here is a hint: Up Up and Away…

10/17/19 9:55am

 

This home at 7010 Stone Meadow is one of more than 100 properties you can tour during this weekend’s Autumn Arrivals Home Tour from Allie Beth Allman and Associates.

It’s officially fall and the weather is perfect for traipsing about Dallas to get a look inside some incredible listings. Lucky for you, there are more than a hundred open this weekend in highly sought-after areas during the Allie Beth Allman & Associates Autumn Arrivals Home Tour. It’s a great way to get to know a neighborhood if you’re searching for the right forever home for your family.

 “There are some great homes on this tour,” said Allie Beth Allman, Founder and CEO of the Allman firm. “The Allman home tour is always a great opportunity for anyone interested in finding a fabulous home in a terrific neighborhood.” 

All of the homes on the tour can be found on abaopenhousetour.com. Here are three homes Allman associates think you will love.

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