Ryan Shea, his wife Mercy, and one of their sons enjoy last year’s holiday pie party.

For the seventh straight year, Realtor Ryan Shea will celebrate the holidays with pies. His annual holiday pie party is a way to thank clients and give back to those who have helped him.

“Ultimately it’s just a way to get everyone together,” Shea said. “My clients can meet each other. It’s just a great way to lighten up, relax and have a good time.”

The event will be held from 11 a.m.- 1 p.m. Dec. 13 at the Dallas Tree House store, 8021 Walnut Hill Lane. Anyone interested in attending should email Shea at ryan.shea@exprealty.com along with their pie preference (pecan, pumpkin or apple) before Dec. 10. International speaker and author Dr. Hank Seitz, known for his books on business and performance development, will also be in attendance. (more…)

Once again, Frisco makes national Real Estate news, not for being the very best community to live, or the fastest-growing community in the U.S., but for being oversupplied with brand new homes as the real estate market shifts from a seller’s paradise to a buyer’s market, and as new home sales dip nationwide by almost 9 percent:

The shift may be most pronounced in what were once the most sizzling markets. Consider Frisco, Texas, a city 30 miles north of Dallas, where narrowly spaced villas of stone and brick have replaced cow pastures. Its population nearly doubled over the past decade, to 177,000. Its 8 percent jump last year made it the fastest-growing city in America.

Prashant Gopal is an excellent journalist and a friend of our’s from NAREE. He writes in Bloomberg of how falling sales and diving housing stocks are also affecting real estate agents in Frisco, who seem to be taking the biggest hits from each other as they shrink commissions in the “builder battleground”:

On a recent weekday, Konara, the real estate broker, drives his Dodge minivan along Highway 380, a builder battleground, where national giants such as Lennar, Toll Brothers, and PulteGroup go head to head with Texas companies. He stops at sales offices, where balloons festoon posts in a vain effort to spur sales. He points to empty houses that he says were completed six months ago.

His own sales are half what they were in 2016. In many cases, he’s rebating to customers all but $1,000 of his commission on each home sale. He walks into an Indian restaurant for lunch and looks up at the television screen. A competitor, the “Maximum Cash Back Realtor,” says he’ll take only $750. “You know what that means,” Konara says. “I’ll have to do the same.”

Prashant drew attention to the fact that Frisco is also home to the glittering Legacy West, transplant nirvana with Toyota headquarters (which may have subsidized some homes for employees) as well as Dallas Cowboys headquarters, where any day you can see real estate agents dining alongside football players and the Jones family. I believe the agents he is talking to, like Konara, but I also had to check with the man who’s company sells more of Frisco than anyone: J.P. Piccinini:

JP and Associates

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By Ashley D. Stanley
Special Contributor

Does your firm have a dispute resolution policy that could potentially help save your transaction?

It has become increasingly important to establish a dispute resolution policy because disputes between buyers, sellers, and even real estate brokers/salespeople are not covered under Article 17 of the Code of Ethics and Standards of Practice of the National Association of Realtors. Parties and the courts are now utilizing programs that avoid the legal system to resolve disputes in a quick and cost efficient manner.

There are several types of dispute resolution methods you can use, including:

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agent migration

 

In this week’s Agent Migration column, and husband and wife duo makes a big move and an up-and-coming brokerage expands again. Did you make an agent migration? Contact Joshua Baethge.

Taylor Estates Joins Ebby Halliday

agent migrationThe Taylor Estates Group joined the Prosper/Celina office of Ebby Halliday. The husband and wife team of Angela and Tim Taylor made their agent migration from JP & Associates.

“It was a hard decision and we really prayed about it,” Angela Taylor said. “JP & Associates was like family to us, but at the end of the day it’s a business decision and we just felt like this was the best thing for our business.”

They Taylor Group has closed around $25 million in deals since Sept. 2016. Before going into real estate two years ago, Angela worked in ministry for 15 years. Tim earned his license earlier this year so they could work together. According to Angela, he’s the best at handling business and administrative matters while she is the social butterfly who loves to network

“Together we are kind of like a mullet — he’s the front part while I’m the back,” she joked. (more…)

Newly installed Ebby Halliday Companies CEO Chris Kelly is flanked by Malinda Howell and Carolyn Rosson, two hard-working company leaders who were just promoted to Regional Vice President.

From Staff Reports

Last week’s announcement of Chris Kelly taking the helm of the Ebby Halliday Companies as president and CEO left many wondering what other changes were afoot with the most-recognizable real estate brand in North Texas. Today’s news should satisfy that query. The Ebby Halliday Companies just announced that the company has expanded its leadership structure to include two regional vice presidents — Carolyn Rosson, sales manager of the Southlake Office, and Malinda Howell, sales manager of the 190 – Richardson Office. Rosson and Howell will report to Kelly.

“Carolyn and Malinda, both respected leaders in the residential real estate industry, will assist and support our sales managers across the North Texas region, as well as our core services, in delivering a remarkable experience to our clients and sales associates,” Kelly said. “Both Malinda and Carolyn have demonstrated exceptional leadership over the years and we are very happy to have them in positions where they can mentor and assist a wider range of sales managers and associates.”

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Chris Kelly was promoted to CEO of the Ebby Halliday Companies. Longtime president and CEO Mary Frances Burleson will focus on the brands philanthropic endeavors, including the nonprofit Ebby Halliday Foundation.

From Staff Reports

Longtime Ebby Halliday Companies president and CEO Mary Frances Burleson, an icon in the organization hired by founder Ebby Halliday in 1958, has stepped down from her position to focus on the firm’s eponymous nonprofit — the Ebby Halliday Foundation. In her place, Chris Kelly has been named CEO. Kelly, recently the senior counsel of Berkshire Hathaway HomeServices, is expected to mold the company’s strategy and direct operations with the aim of shaping the venerable North Texas brokerage’s brand while preserving the legacy of the company’s highly regarded founder, Ebby Halliday Acers. 

Ebby President and CEO Adds Prestigious Award to Long, Storied Real Estate Career | CandysDirt.com

From left are Ebby Halliday, her brother and Executive Vice President Paul Hanson, Ebby’s first sales associate Mary Lou Muether, and Mary Frances Burleson, who stepped down today as President and CEO of the Ebby Halliday Companies. Here they celebrate the opening of the Plano office in 1973.

“Mary Frances and her exceptional leadership team set an incredible level of excellence for the company,” Kelly said. “I am thrilled to join this team of immensely talented agents, sales managers, employees and lending and title professionals. The opportunity to help lead this iconic company to its next level of growth and performance is both humbling and exciting.”

Ebby Halliday Companies was purchased by Berkshire Hathaway HomeServices — a company owned by Warren Buffet — in July of 2018. The news of the acquisition was announced at the recently opened Frisco Star headquarters of the Dallas Cowboys on May 21 to much fanfare. HomeServices also owns Allie Beth Allman & Associates

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Outgoing President Alan Hoffmann, left, presents the official symbol of office to 2019 President Matt Robinson of Walton Global Holdings. (Courtesy Photo)

From Staff Reports

Matt Robinson of Walton Global Holdings was installed Sept. 28 as the 76th president of the Dallas Builders Association during ceremonies held at Noah’s of Fairview. The Installation was presented in partnership with StrucSure Home Warranty.

Tim Jackson, past president of both the Texas Association of Builders and the Dallas BA, served as the installing officer. Other officers installed were Justin Webb of Altura Homes as first vice president; Matt Mitchell of James Andrews Custom Homes, as vice president/secretary; Greg Paschall of Intex Electrical Contractors as associate vice president; and Stephen Puckett of LegacyTexas Bank, as treasurer.

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The Standard’s COO Logan Nichols (left) and founder Zach De Bernardi hope partnering with Amazon will help grow their firm’s brand.

The Standard Real Estate announced a new partnership with Amazon to create a custom digital store. Under the setup, clients will have new options for purchasing home necessities and furniture.

“We are focusing on making the best of technology and being forward thinking,” founder and chief executive officer Zach De Bernardi said. “Amazon is everywhere so it makes sense for us to try and work with one of the bigger brands. It’s just one more added benefit that we can use to help our clients.”

De Bernardi said he was inspired after seeing similar programs implemented at two New York boutique real estate firms. He believes that partnering with Amazon will help build his company’s brand and help its agents better serve clients.

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