CompassWe spend plenty of time talking about the best of open houses here on CandysDirt.com, but Compass just put together a doozy of an open house tour for North Texas homebuyers — their second in the two years they’ve been in the area.

To showcase their most notable Spring inventory, the Dallas office has created a tour of more than 140 homes across Dallas-Fort Worth in all the best neighborhoods, including Midway Hollow, Lakewood, Oak Cliff, East Dallas, Park Cities, Preston Hollow, and Uptown. Add in Plano, Southlake, and Fort Worth, and there’s a little something for everyone in the cleverly designed tour this weekend.

Every single home on this substantial list of lovelies will be open from noon to 5 p.m. Sunday, March 31. And not only that, it’s a great opportunity to meet your local Compass agents.

Want to see some of the amazing homes on Sunday’s tour? Let’s jump! (more…)

I cannot tell you when I started my love affair with Tudor-style homes. I think it began in my childhood, being raised in the outer fringes of Chicago. I think anyone raised in the Chicago area, like our columnist Jon Anderson and myself, have an extra appreciation for beautiful architecture because there is just so much of it in that strong-shouldered city. For me, it was driving the North Shore suburbs flocking out from Evanston that made me think English Tudor homes were the warmest, prettiest, most inviting structures of all to call home.

Then I became an English major, and the relationship was sealed.

Our Inwood Home of the Week is a seriously updated English Tudor home at 5210 Denton Drive in the hot, hot neighborhood of Oak Lawn Heights, south of Cedar Springs, north of Maple. Some also call the area Maple Springs.

Very convenient to the Medical District, the area is popular with interns, physicians and anyone who works in the mammoth (and still growing) U.T. Southwestern Medical Center complex clustered around Harry Hines Boulevard and Inwood Road. Trust me: you can bike to work.

(more…)

I will never forget the time I first looked at homes in this part of town, Midway Hollow, on Van Ness Lane, to be exact.

A Realtor told me that this was the kind of neighborhood where you come outside and see the elves dancing with little stars all around. This was in 1980 and I was in my early 20s, new to Dallas, and house hunting.

I had to agree with her: Midway Hollow was idyllic then, as it is now.

To put a more modern spin on it, the neighborhood around 3719 Van Ness is almost a replica of Ponyland, or maybe Paradise Estate. Any minute I expect to see Twilight Sparkle, Spike, Rainbow Dash, Pinkie Pie, Rarity, Applejack, and Fluttershy frolicking in the green grass.

This wonderful neighborhood has cradled this brick home since 1952, elves, ponies, and people. (more…)

Matt Templeton of Keller Williams Urban Dallas regularly educates Realtors on how to make the most of the current market. (Courtesy Photo)

By Matthew Templeton
Managing Principal
KW Urban Dallas

It feels like there have been fundamental shifts in the real estate industry within the last few months. Technology is the buzz word, money is being thrown around, and CEOs of just about every top real estate-related company are out. The last few weeks’ news sums up that feeling.

September 2018: Compass closes another funding round for $400 million — money used to build more software and buy more agents.

And then …

February: Rich Barton (billionaire co-founder of Expedia and Zillow) takes the reins from Spencer Rascoff, who was CEO at Zillow for nine years.

February: Keller Williams rolls out the first artificial intelligence and data-driven platform in the real estate industry — others have been clamoring to follow

February: RE/MAX says [sic] “Our amazing technology is coming, and it will be best in class,” and makes a technology acquisition, Booj.

Last Week: Data-driven Opendoor will now show listings from rival brokerages and offer Redfin-like rebates.

Last Week: NTREIS Board holds a vote on whether to sell greater data access to Zillow. April will be a reckoning month for North Texas Realtors and their data.

We’ve moved into a new real estate era that is faster paced and increasingly powered by technology and data — more than ever before. But there’s something else afoot. It’s eerily similar to what happened with the dot-com bust. Real estate technology companies are flush with capital — in fact, 2018 was a banner year for real estate technology investment.

And yet many of the top “technology” or “platform” companies in the industry are not profitable.

(more…)

Lyn Williams is ebullient. Even with her jam-packed schedule, she was able to fit me in for a few minutes to share about a huge change in her career of 16 years — joining Mark Godson and Catherine Thorpe-Lambert at Compass’ Britannia Group.

As you’ve read here on CandysDirt.com, Godson and Thorpe-Lambert have launched their new group with one of the fastest growing real estate brokerages in the nation. The brand reflects the “Town and Country,” upscale energy of the pair, which is equally embraced by Williams.

“Mark, with his energy, is an incredible person,” Williams said. “I’ve been thinking about my future, and when Mark asked me if I wanted to join him with the Britannia Group, there was no hesitation.”

(more…)

Swathy Prithivy, Opendoor; Janelle Alacantara, Galaxy Modern; Candy Evans, CandysDirt.com; Becky Frey, Compass; Alex Doubet, Door; and Beth Johnson, Keller Williams (Photo courtesy Dallas Builders Association).

I had the privilege of moderating a panel stuffed to the gills with creative, talented real estate professionals yesterday at the Dallas Builders Association’s luncheon. The panel, featuring some of the top disruptors in the industry, had a lively discussion with one overarching theme: there’s room for everyone in this new playing field for the real estate industry.

Panelists included Swathy Prithivy of Opendoor, Janelle Alcantara of Galaxy Modern, Becky Frey of Compass, Door founder Alex Doubet, and Beth Johnson of Keller Williams. It was a fascinating discussion, with several juicy takeaways. Namely, Doubet predicted that the data indicates that at some point, the last vestiges of traditional model of real estate will disappear. If that’s not a clarion call for the industry, I don’t know what is!

The three full-service Realtors — Alcantara, Frey, and Johnson — stressed that while they felt there is a need for all three models presented at the panel — full service, iBuyer, and flat fee — there will always be a need for a good Realtor that knows the turf, has intimate knowledge of what is selling there regardless of whether it was on MLS or not, and that will advocate for their client.

To get all the best tidbits from these ground-breaking movers and shakers, view the video from our live broadcast now: 

(more…)

Lake HighlandsWe pride ourselves on finding the cutest remodels, the hottest new construction, the sexiest staging in North Texas. But we apparently missed this transformed Modern Farmhouse in Lake Highlands recently.

Compass Realtor Svetlana Grujic threw down the gauntlet in our Realtor-friendly Facebook group, Getting the Dirt.

“Cannot believe that CandysDirt.com did not “get the dirt” on this remodel:),” she said. So we asked her to tell us all about it.

Turns out, we’ve seen Grujic’s work before. Remember last May, when we talked about another Lake Highlands home on McCree Road that got a sleek update? That was, she said, the start of her showcasing her abilities to help investors make the most of the properties they intend to flip.

“It all started with a flipper that tried to remodel 11029 McCree Road and 2617 Beechmont Dr.,” she said, adding that the homes needed a little help after sitting on the market for a while. “So I was called to the rescue.”

“I took over, did a small remodel, and some staging,” she continued. “McCree was sold for 25 percent more than asking, and Beechmont for 30 percent — the buyers for Beechmont were so in love with it, they purchased all the staging.”

That success got her a seller for life, it seems, since the investor reciprocated by putting even more faith in Grujic. (more…)

disruption

Clockwise from left: Candy Evans; Alex Doubet, Door; Swathy Prithivi, Opendoor Dallas-Fort Worth; Janelle Alcantara, Galaxy Modern; Beth Johnson, Keller Williams; and Becky Frey, Compass.

… but the flu is going around, so who knows, a seat or two at our Thursday panel on disruption in real estate may open up.

That is terrible! Shame on me!

But truthfully, I went to the doctor today and (a) I do not have the flu but (b) everyone else does. Seriously, it’s the worst flu season ever STILL!

We are so excited about this Disruption event, brought to you by the Dallas Builders Association, and I knew it would fill up fast. Happy to report it is sold-out. But we’ll be live-streaming on Facebook, so if you do get the flu, or could not get a ticket, you can still check us out.

Also, I am not going to waste time rattling off bios: everyone can just read them here. Reading the bios here on CandysDirt.com saves us valuable debate time! And debate we will!

Questions you would like to ask the panelists? The comments section is WIDE OPEN, so fire away! Or ping me. Jump now for the profiles of our distinguished panelists …

(more…)