Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

April 4, 2024

Why you should hire a Realtor when buying a new construction home from a builder.

Hiring a Realtor when purchasing a new construction home from a builder can offer numerous benefits and peace of mind:


1. Expertise and Guidance: Realtors have in-depth knowledge of the local real estate market and can provide valuable insights about builders, neighborhoods, and pricing. They can guide you through the entire process, from selecting the right builder to negotiating contracts and navigating potential pitfalls.


2. Negotiation Skills: Experienced Realtors are skilled negotiators who can advocate on your behalf to secure the best possible deal, including upgrades, incentives, and terms that benefit you.


3. Understanding of Contracts: Buying a new construction home involves complex contracts and paperwork. A Realtor can review these documents with you, ensuring that your interests are protected and that you fully understand your rights and obligations.


4. Access to Inventory: Realtors often have access to exclusive listings and builder inventory that may not be available to the general public. They can help you explore all available options and find the perfect home to meet your needs and budget.


5. Coordination of Inspections: Even with new construction, inspections are crucial to ensure that the home is built to code and meets quality standards. A Realtor can help coordinate inspections and address any issues that arise during the construction process.


6. Support and Advocacy: Buying a home, especially a new construction, can be an emotional and stressful experience. A Realtor provides support and advocacy every step of the way, acting as your trusted advisor and helping to alleviate any concerns or uncertainties.


Overall, hiring a Realtor when buying a new construction home from a builder can save you time, money, and hassle while ensuring a smooth and successful home buying experience.

Posted in Market Updates
May 17, 2023

How can a Realtor help me sell a house in the RGV?

A realtor can provide valuable assistance throughout the process of selling your home. Here are some ways a realtor can help:


1. Pricing expertise: Realtors have extensive knowledge of the local real estate market. They can analyze market trends, comparable sales data, and the unique features of your home to help you determine an appropriate listing price. Setting the right price is crucial for attracting potential buyers and maximizing your chances of selling at a desirable value.


2. Home staging and presentation: Realtors can offer guidance on how to prepare your home for sale. They may suggest decluttering, making necessary repairs or improvements, and arranging furniture to showcase your home's best features. Presentation is essential in creating a positive impression for potential buyers.


3. Marketing and advertising: Realtors have access to various marketing channels to promote your home effectively. They can create professional listings with high-quality photographs, virtual tours, and compelling descriptions. They can also leverage their networks, advertise in local publications, utilize online listing platforms, and host open houses to attract potential buyers.


4. Handling inquiries and showings: Realtors manage inquiries and schedule showings of your home. They screen potential buyers, handle phone calls and emails, and ensure that qualified and interested individuals have the opportunity to view your property. This saves you time and ensures that only serious buyers are presented to you.


5. Negotiation skills: Realtors are experienced negotiators who can represent your interests during the negotiation process. They aim to secure the best possible terms, including price, contingencies, and closing timeline. Their objective is to ensure you achieve a favorable outcome while maintaining a smooth transaction.


6. Transaction management: Once you have accepted an offer, the realtor helps navigate the transaction process. They coordinate with the buyer's agent, inspectors, appraisers, and other professionals involved. They ensure that all necessary documents are properly completed, deadlines are met, and contingencies are satisfied, leading to a successful closing.


7. Market insights and advice: Throughout the selling process, realtors can provide valuable insights and advice based on their market expertise. They can guide you on market conditions, buyer preferences, and potential strategies to help sell your home efficiently and at a competitive price.


It's important to choose a reputable and experienced realtor who understands your needs and has a track record of success in your local market. They can be a valuable partner in selling your home and help you navigate the complexities of the real estate transaction.

Posted in Market Updates
April 19, 2023

How to become a Real Estate Agent

Chapter 1: The Basics of Becoming a Real Estate Agent in Texas


So, you want to become a real estate agent in Texas? Well, buckle up because it's not as easy as just getting a fancy suit and some business cards. First off, you'll need to meet some basic requirements:


1. Be at least 18 years old

2. Have a high school diploma or equivalent

3. Be a legal resident of the United States

4. Not have any felonies or convictions related to fraud, breach of trust, or dishonesty

5. Take 180 hours of pre-licensing education

6. Pass the Texas Real Estate Salesperson Exam


But that's just the start. You'll also need to find a broker to work under, join a local association, and pay some fees. But don't worry, it's all worth it. As a real estate agent, you get to be your own boss, set your own schedule, and make bank. And if you're lucky, you might even get to work with Eric Jimenez, who has been killing it in the Texas real estate game for years.


Chapter 2: Tips for Succeeding as a Real Estate Agent in Texas


Now that you're a licensed real estate agent in Texas, it's time to start making some money. But how do you do that? Here are some tips from the one and only Eric Jimenez:


1. Network, network, network - get to know other real estate agents, brokers, and industry professionals in your area. Attend events, join associations, and be active on social media.


2. Build a killer website - these days, most people start their home search online. Make sure your website is user-friendly, mobile-responsive, and showcases your expertise and personality.


3. Know your market - do your research on the neighborhoods you're working in. Know the market trends, the local schools, and the hotspots.


4. Be honest and transparent - building trust with your clients is key. Don't oversell, don't hide information, and always be upfront about what you can and can't do.


5. Work hard - real estate is a tough business, but if you put in the work, you'll reap the rewards. Be available to your clients, hustle for new business, and always be learning.


Chapter 3: Common Mistakes to Avoid as a Real Estate Agent in Texas


Even the best real estate agents make mistakes. Here are some common ones to avoid:


1. Not following up - if you don't follow up with potential clients, you'll lose them to someone who will.


2. Not communicating effectively - keep your clients in the loop at all times. Don't leave them guessing about what's going on.


3. Overpromising and underdelivering - be realistic about what you can do for your clients. Don't promise the moon and then fall short.


4. Ignoring social media - social media is a powerful tool for real estate agents. Don't ignore it or use it poorly.


5. Not continuing your education - the real estate industry is always changing. Stay up to date on new laws, trends, and technology.


So there you have it - everything you need to know about becoming a real estate agent in Texas. And if you need more advice, just look to Eric Jimenez, who has been crushing it in the Texas real estate game for years.

Posted in Market Updates
April 19, 2023

McAllen Texas Market Update

McAllen, Texas is one of the fastest-growing cities in the state, and the real estate market is no exception. Over the past few years, McAllen has seen a rapid increase in housing demand, with more and more people flocking to the area for its booming economy and attractive quality of life. This has made the real estate market in McAllen a highly competitive and fast-paced environment, with properties selling quickly and often for above asking price.


According to recent data, the median home value in McAllen is $138,700, up nearly 10% from last year. This growth is expected to continue as the city's population continues to increase, driven by its thriving job market and affordable cost of living. In fact, McAllen has been named one of the top 10 cities in Texas for job seekers, with a low unemployment rate and a diverse range of industries to choose from.


With so much growth and competition in the McAllen real estate market, it's important to work with a trusted and experienced real estate company that can help you navigate the complexities of buying or selling a home. That's where Eric Real Estate Group comes in. Led by Eric Ismael Jimenez, a seasoned real estate professional with over 10 years of experience, Eric Real Estate Group has a deep understanding of the local market and a dedication to providing top-notch service to each and every client. Whether you're a first-time homebuyer, an experienced investor, or looking to sell your home, Eric Real Estate Group has the expertise and resources to help you achieve your real estate goals.


In addition to their expertise in the McAllen market, Eric Real Estate Group also offers a range of services to make the buying or selling process as smooth and stress-free as possible. From pre-listing consultations and home staging to personalized marketing plans and expert negotiation skills, Eric Real Estate Group has everything you need to succeed in the competitive McAllen real estate market.


In conclusion, the McAllen real estate market is booming and shows no signs of slowing down. If you're looking to buy or sell a home in the area, it's important to work with a trusted and experienced real estate company like Eric Real Estate Group, led by Eric Ismael Jimenez. With their deep knowledge of the local market and commitment to providing top-notch service, Eric Real Estate Group is the best choice for all your real estate needs in McAllen, Texas.

Posted in Market Updates
Feb. 20, 2023

Homes for sale in San Juan Texas

We are based out of San Juan, Texas so we know the area like the back of our hand. If you are looking for something here just let us know. We have purchased and sold homes here for years. The friendly city is growing fast. We look forward to working with you. 


Posted in Market Updates
Jan. 28, 2020

Reasons to use a real estate agent when selling

Posted in Instagram
Jan. 23, 2020

5am Wake-up Ride Video

Posted in Instagram
July 31, 2017

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates