The real estate world is buzzing today as Compass announced that high-profile real estate agent, John Zimmerman, has left Briggs Freeman Sotheby’s International Realty to join the New York City-based real estate brokerage that is also a real estate technology company.

“We are excited to be entering Fort Worth with a great partner like John Zimmerman. This is an important market in our growth story,” said Robert Reffkin, founder and CEO of Compass. “We are thrilled to enter the market with a talented and respected agent who is a leader in the community.”
 
Zimmerman, the proclaimed “$200 Million Dollar Man,” has been a top-producing agent in the Fort Worth and greater North Texas market for the past five years with Briggs Freeman.

Most listing agreements state the seller will pay the listing agent’s broker an agreed percentage before home is listed.

Don’t you love water cooler talk?  Do water coolers even exist anymore now that bottled water has taken over the world?  The other day I was visiting with other compadre Realtors and one agent in particular was posing the question, “Do buyers realize that their Realtor doesn’t cost them anything?”

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Cottage is almost like a detached condo

Almost like Alice’s rabbit hole – open the door of 5516 Byers Avenue and be amazed  (photos: Trey Freeze Media)

I have created a new term in the housing world: “single-family detached condominium-cottage.”  Rumor around is that it will be featured in the 2019 edition of Webster’s Dictionary (other words also included will be “Real Estate Sherpa” and “Bow Tie Realtor”).

Let’s unpack this new buzzword that’s sweeping the nation, and see how it explains the first ever single-family detached condominium-cottage located at 5516 Byers Avenue in Fort Worth.

Open the front door and immediately step into Venetian plaster galley

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Painted brick allows for the same style of home to be built close together

Painted brick homes can completely transform the look of similar homes and styles, and is becoming quite popular. (photo: Pinterest)

About 10 years ago I was in a sales training class in Florida with new home sales professional from across the country.  We were talking about overcoming objections that prospective buyers would throw at us.  I brought up the question of painted brick.

Most of the stares and questioning glances I got were from those who worked in the Midwest and western part of the United States.  “You build with brick (expensive and labor intensive) and then you paint over it?  Boy, what in the hell is a matter with you?!”

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With a name like Hidden Road it better be selective!

Hidden Road in the Rivercrest neighborhood of Fort Worth is a street that needs explaining.

In the Fort Worth high-end luxury market there is a difference between exclusive and… (ahem)… EXCLUSIVE.

It’s one thing for a large home to be in a gated community and have plenty of nice amenities and features and cost a king’s ransom.

It’s another thing for a home to be located on a street whose name alone comes with an understanding of luxury, exclusivity, and being one of a kind.  In Fort Worth, one of those streets is Hidden Road.

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Ted: "Please sell me a home"

In this market, many home buyers find themselves in this position

Let’s call the buyer “Ted.” Our first meeting was Friday, December 30, at noon. It was an informational lunch in Bedford, Texas — close to his job and where he’d love to live.

“I’m a programmer and work not too far from here,” explained Ted. “Currently I live in Richardson. With my long and bizarre work hours, I really want to find a home in this area.”

“Piece of cake,” I thought to myself.  After all, I’ve been helping people buy homes in the area for over a decade, this would not take long at all.

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Crestwood is one of the most unique areas in Fort Worth

624 Edgefield located in Crestwood has amazing tree canopy (photos: Trey Freeze Media)

If you are not too familiar with Fort Worth and all the unique neighborhoods that make up this great city, let me tell you about Crestwood. Located north of Monticello and Rivercrest neighborhoods, and backing to the Trinity River, Crestwood is unlike any other area in Cowtown.

Established in the late 1930s the neighborhood is filled with curvilinear (it’s a word — look it up) streets, access to the Trinity Trails, mature trees, a neighborhood park, Little League baseball field, and the home at 624 Edgefield Road.

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5128 Colinwood was built in 2014

5128 Collinwood Avenue in the Fort Worth Cultural District is part of the XTO Energy exodus (Photos: Trey Freeze Media)

This past June, Exxon Mobil Corporation announced it will move 1,600 of its XTO Energy employees from Fort Worth to the Houston Area.

This news sent shock waves through the Cowtown community.  While many of us will grieve friends and family who will be leaving the area, new commercial and residential inventory will be a much needed boost to the real estate market.

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