hip pocketDo you follow CandysDirt on Instagram? It’s another great way to get in touch with us, to see what we’re featuring on the site, and to show us what you’re up to — which is exactly what Kate Walters with Allie Beth Allman & Associates did last week when she pitched us this gorgeous Lakewood hip pocket.

What’s a hip pocket listing? It’s a home that’s for sale, but isn’t listed in the MLS, nor will you find it online on the likes of Zillow, Redfin, etc. Sellers sometimes go this route to protect their privacy, or to test the waters of the market, or even just in the hopes of generating more interest in the home in a market that might be getting a bit saturated.

But Walters is planning on someone falling in love with this home — so she’s even arranged for a champagne sip-and-see on Tuesday, Feb. 12, from 2 p.m. to 4 p.m.

But just in case drinking champagne on a Tuesday afternoon isn’t in the cards for you, we got Walters to share a bit about her hip pocket, including photos and a video. Want to see? Let’s jump. (more…)

983 Sylvania Front

983 Sylvania was taken to the studs and rebuilt into an LEED Gold masterpiece by D’J Perkison. But how do you find the right buyer for such a unique home? All photos by MetroplexHD.com

There are a few Dallas homes that are so unique that they earn a permanent spot in the bit of our brains exclusively wired for real estate. For me, this Eastwood midcentury modern that was completely re-imagined by architect D’J Perkison is one of those homes. You probably had the distinct pleasure of touring this East Dallas marvel at 983 Sylvania during this year’s White Rock Home Tour and thought, “What a wonderful way to breathe new life into an outdated home!”

And that’s just the reaction Perkison, founder of Studio Perk, was hoping for. When she bought this home with her husband and set upon remodeling it, the goal was to use only the most sustainable materials possible. The results were stunning, of course.

983 Sylvania Living

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3901TurtleCreek233H_dauzbl (1)

This is a rare offering in one of the city’s most beautiful gated townhouse communities on Turtle Creek — Places de Voseges. 3901 Turtle Creek Blvd, #12 offers three bedrooms, four full and one half baths, three living areas, an elevator, private pool and gardens in 6034 square feet. Located on one of the largest lots in the green gated enclave, this magnificent newer construction home offers a fabulous master suite with separate his and hers bathrooms and huge closets. Not just any closets: these are elegant dressing rooms a la Walnut Place. (more…)

6918 Patricia Avenue

6918 Patricia Ave. (Photos: Shoot2Sell)

My first house, which became my home, is on the market today. It’s a hip pocket the amazing Britt Lopez of Dallas City Center Realtors is handling for me.

I can’t go into detail about how kind Britt Lopez is – I will save that for my book – but know that she is not only a smart, clever Realtor with a sharp mind, but she is a gracious person whose true colors shine ever so brightly.

Britt Lopez

Britt Lopez

6918-patricia-ave-dallas-tx-MLS-3

Originally built in 1938, this Hollywood Heights jewel underwent renovations from 2007 – 2012 which included all new electrical, recessed lighting, hidden speakers in every room, fabulous insulation, a 2012 roof and gutters, a 3-ton Amana furnace and air conditioner (2010), a Rinnai gas tankless water heater (2007), and a Rain Bird programmable sprinkler system (2011). This was no DIY or Home Depot reno.

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Sure, Zillow and Trulia are popular portals for consumers to shop for homes, and there are a lot of fantastic luxury properties marketed as hip pockets, but does that spell the end for MLS systems everywhere?

Sure, Zillow and Trulia are popular portals for consumers to shop for homes, and there are a lot of fantastic luxury properties marketed as hip pockets on select sites, but does that spell the end for MLS systems everywhere?

Inman contributor Creed Smith wrote a column published on the real estate news site suggesting that the system real estate agents use to access listing information, the Multiple Listing Service, was on the way out. It ignited a heated debate among Inman staffers and commenters, earning a reply from Inman managing editor Matt Carter. 

If the real estate industry were invented today, there would be no NAR (National Association of Realtors) or MLS (multiple listing service), and perhaps no franchises — there might not even be real estate brokers.

The MLS was built for three reasons:

  1. To place all information on homes for sale and sold homes into a central location for brokers.
  2. To create a percentage of sale price payment agreement between brokers.
  3.  To elevate NAR and the MLS companies to almost godlike status with monopoly power.

The marketplace now demands a system built on their desires, not those of NAR. How would you build a system for selling and buying homes based on market desires with today’s technology and market dynamics? You would offer an open-source international database (website … portal).

You can read Smith’s full-length piece on his Demon of Marketing website, but we wanted to get the perspective of local brokers and Realtors on the cutting edge of real estate here in North Texas as to whether we should be writing a eulogy for the MLS system.

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3516 Beverly Front

This week’s Unlisted Home of the Week from The Unlisted is a home on a street that needs no introduction: Highland Park’s Beverly Drive.

But you won’t find this hot, hot home on MLS because the owners would prefer this beauty to be marketed on the down low, out of the big open marketplace full of looky-loos. Perhaps the owners are exceedingly private, or perhaps they’d rather test the waters among a more exclusive clientele. Here on CandysDirt, though, we can offer you an exclusive peek inside this incredible hip pocket UNlisted listing.

Jump to see inside this luxurious property!

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Big-HSMNA

I am a biased Hollywood Heights resident, but let me tell you, those who live here LOVE our little ‘hood. Why just last night I was at a happy hour with the neighbors on my street at The Gingerman Lakewood, which included the dynamic real estate duo Amanda and Bryan Crawford of Briggs-Freeman Sotheby’s.

If you want to join this great neighborhood, here is an amazing opportunity to get a total Hollywood Heights JEWEL.

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5518 Miller Front

Allie Beth Allman agent Julie Coats Frakes had me raked in when she said this lovely home near the M Streets area had been updated recently, and included an upstairs master suite with its own elevated deck and entry.

I am as much as sold!

“One of my favorite features of the home is the private deck and entrance that the second level bedroom is spoiled with,” Frakes said. “You can’t miss seeing the incredible backyard!”

5518 Miller Patio

Seriously, though, 5518 Miller is a perfect family home with a location that just can’t be beat. Gorgeous house, too, with tons of curb appeal and a neat and tidy front porch where you can easily soak up the vibe and meet your cool new neighbors.

Inside you’ll find a space that is unexpectedly spacious. Seriously, you’ll have one of those moments in my favorite show, Doctor Whowhere a person walks into his tiny and unassuming blue police box only to find it “bigger on the inside.” Apparently, I’m not alone in this thought.

5518 Miller From Landing

“This rare M Streets gem was taken from ashes to beauty in 2012,” Frakes said. “The large front porch immediately invites people into the home, where many are surprised to find a second level bedroom adorned with skylights and charm.”

That’s the best way to describe this cute three-bedroom, two-bath cottage with more than 1,500 square feet indoors. It also has an immense two-car garage, as well as a large backyard. Simply charming, no? The kitchen is open to the living room, which benefits from the expanded second floor with a vaulted ceiling, making the room feel practically enormous.

5518 Miller Kitchen

In the kitchen you’ll find fresh cabinets, stainless steel appliances, granite counters, and a hidden laundry area. It’s bright and open and has tons of storage. So much to love about this cute home, and I know that considering its location (awesome!) and price, ($314,500!) it will go fast!

5518 Miller Master 5518 Miller Master Bath