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(901) 682-1868 Contact Us Log in Menu
Marx-Bensdorf logo
  • Home
  • About
    • Our Realtors
    • Real Estate Resources
      • FAQs About Memphis
      • FAQs For First Time Home Buyers
      • Common Real Estate Terms
    • Our Leadership and Support
    • Community Outreach
    • Memphis Real Estate Blog
  • Our Agents
    • Carrie Anderson
    • Cathleen Black
    • Jeff Blakeney
    • Melanie Blakeney
    • Ashley Bonds
    • Melody Bourell
    • Katie Nichols Cook
    • Jon Dickens
    • Kelly Erb
    • Robin Fauser
    • Golda Frankland
    • Rip Haney
    • Lita Hurston-Reed
    • Laurence Kenner
    • Elizabeth Kuhlo
    • Maria Krahn
    • Jake Lawhead
    • Tracy Dougan Lombardo
    • Jerry Lucius
    • Diane Benson Malkin
    • Hugh Mallory
    • Mindy Okeon Mattingly
    • Thomas Murphree
    • Jordan Nichols
    • Mike Parker
    • Barby Perlberg
    • Jimmy Reed
    • Sheldon Rosengarten
    • Marcy Seidel
    • Stephanie Sheahan
    • Alta Simpson
    • Jim Simpson
    • Myra Sheddan
    • Melonie Sain Simpson
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    • David Tester
    • Jenny Vergos
    • Ward Walthal
    • John West
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  • Areas We Serve
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Carrie Anderson image
Carrie
Anderson

(901) 237-2735

anderson@m-brealtors.com

Cathleen Black image
Cathleen
Black

(901) 682-1868

cblack@m-brealtors.com

Melanie Blakeney image
Melanie
Blakeney

(901) 489-6974

mblakeney@m-brealtors.com

Jeff Blakeney image
Jeff
Blakeney

901-237-4542

jblakeney@m-brealtors.com

Ashley Bonds image
Ashley
Bonds

(901) 485-2179

abonds@m-brealtors.com

Melody Bourell image
Melody
Bourell

(901) 461-4016

mbourell@m-brealtors.com

Katie Cook image
Katie
Cook

(901) 628-3065

kcook@brealtors.com

Jon Dickens image
Jon
Dickens

(901) 496-5702

jdickens@m-brealtors.com

Kelly Erb image
Kelly
Erb

(901) 355-3830

kerb@m-brealtors.com

Robin Fauser image
Robin
Fauser

(901) 494-0355

rfauser@m-brealtors.com

Golda Frankland image
Golda
Frankland

(901) 229-3083

gfrankland@m-brealtors.com

Rip Haney image
Rip
Haney

(901) 351-2190

rhaney@m-brealtors.com

Lita Hurston-Reed image
Lita
Hurston-Reed

(901) 682-1868 Ext. 326

lhurston-reed@m-brealtors.com

Laurence Kenner image
Laurence
Kenner

(901) 351-4210

lkenner@m-brealtors.com

Maria Krahn image
Maria
Krahn

(901) 481-0253

mkrahn@m-brealtors.com

Elizabeth Kuhlo image
Elizabeth
Kuhlo

(901) 356-5452

ekuhlo@m-brealtors.com

Jake Lawhead image
Jake
Lawhead

(901) 682-1868

jlawhead@m-brealtors.com

Tracy Dougan Lombardo image
Tracy Dougan
Lombardo

(901) 581-3257

tlombardo@m-brealtors.com

Jerry Lucius image
Jerry
Lucius

(901) 355-3076

jlucius@m-brealtors.com

Diane Benson Malkin image
Diane Benson
Malkin

(901) 604-8245

dmalkin@m-brealtors.com

Hugh Mallory image
Hugh
Mallory

(901) 497-9756

hmallory@m-brealtors.com

Mindy Okeon Mattingly image
Mindy Okeon
Mattingly

(901) 246-1060

mokeon@m-brealtors.com

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Thomas
Murphree

(901) 359-3847

tmurphree@m-brealtors.com

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Jordan
Nichols

901-682-1868

jnichols@m-brealtors.com

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Mike
Parker

(901) 277-7275

mparker@m-brealtors.com

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Barby
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(901) 619-8543

bperlberg@m-brealtors.com

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Jimmy
Reed

(901) 682-1868 ext. 303

jreed@m-brealtors.com

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Sheldon
Rosengarten

(901) 682-1868

shelrose@memphisrelocate.com

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Marcy
Seidel

(901) 422-1665

mseidel@m-brealtors.com

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Stephanie
Sheahan

(901) 412-8600

ssheahan@m-brealtors.com

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Myra
Sheddan

901-870-0154

msheddan@m-brealtors.com

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Melonie Sain
Simpson

(901) 682-1868

msimpson@m-brealtors.com

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Jim
Simpson

901-484-0792

jsimpson@m-brealtors.com

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Alta
Simpson

901-484-6040

asimpson@m-brealtors.com

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Angie
Street

(901) 481-5560

astreet@m-brealtors.com

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David
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(901) 351-3439

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901-634-2271

jvergos@m-brealtors.com

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Ward
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(901) 634-6900

wwalthal@m-brealtors.com

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John
West

(901) 682-1868 ext. 389

jwest@m-brealtors.com

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Lauren Harkins
Wiuff

(901) 859-3565

lharkinswiuff@m-brealtors.com

Tuesday, March 7, 2017

Market Snapshot: Your Tool for Home Buying & Selling in the Mid South

In a market as fast-paced and ever-changing as real estate, there can be a lot of questions about the buying and selling process. Questions we receive most frequently are:

When should I buy/sell?
What is the average selling price for homes similar to mine?
What can I expect to spend on my next home, based on my preferred location and style?
Where is the best area to invest?
Do properties in my area sell above or below asking price?
How long are properties in my area on the market?
What is the inventory for homes in the area I am buying and/or selling?

As you can see, there is a lot to track when it comes to the real estate market. Helping clients buy and sell is a full-time job for professional REALTORS who will help you each step of the way.

At Marx-Bensdorf, REALTORS, our real estate agents handle every step of your real estate transaction. At the same time, we pride ourselves on being honest and as transparent as possible when it comes to buying or selling a property. We are on your side, and we want your best interests to be served, both now and in the future.

The Current Real Estate Market, At-A-Glance

One way that we keep clients informed is through Market Snapshot. When you sign up for Market Snapshot, you receive a report within 30 minutes, directly to your email inbox. This report is a little different for buyers and sellers, and can offer information based on the details you provide.

For instance, as a seller, you can input your current address, give details about the property (home, condominium, etc.), and the number of bedrooms and bathrooms. As a buyer, you can input your desired zip code, your budget, and what type of property you are seeking.

From these details, you will receive a dashboard that gives you the most important information you need to know, in a format that is easy to read, navigate, and understand.

Dashboard Details

On your personalized dashboard, you will first notice the following metrics based on the zip code you provided:

  • Average asking price
  • Average sold price (the percentage above or below asking price)
  • Average days on market
  • Homes for sale (the percentage increase or decrease in inventory, which also determines if it is currently a Buyer’s Market or Seller’s Market)

Below this data, you can then see actual homes for sale in your current home’s zip code or future home’s zip code. The homes that are listed can be viewed by the following categories:

  • New For Sale
  • For Sale
  • Sold
  • Pending
  • Expired/Cancelled

From the homes that are listed, you can click on an image and be taken to more details about the home, including the selling or purchase price, photos, and more.

Why Use Market Snapshot?

As the economy improves, the real estate market is in a state of change and in some areas the change is rapid. At the same time, home sellers and shoppers are going online to get the latest information. To keep up with this trend, Marx-Bensdorf has found a way to deliver accurate, up-to-date details about the real estate market, but in a way that is specific to your home buying or selling process.

Unlike other real estate websites and apps, Market Snapshot is a report that is tailored just for the property you are selling, or for the area where you are house hunting. National websites and apps only know information based on wider trends, not from a local perspective.

For example, features such as Zillow’s “Zestimate” are typically inaccurate. The statistical estimates may be flawed, sometimes using out-of-date information, sometimes including on inappropriate areas may be flawed and sometimes not taking into account the market appeal of certain features. Broad estimates leave room for errors, as they may not take into account the demand of certain school districts, the popularity of a neighborhood, or the nearby amenities that can affect the true value of a home.

Market Snapshot as a tool and one of our experienced, professional Realtors can guide you toward the most beneficial outcome for your home purchase or sale.

Only With Marx-Bensdorf, REALTORS

If you are buying or selling a home in the Mid South area, why would you use anything but the best? With Market Snapshot, you have immediate access to the latest listings, accurate data, and clear insight into the best times and areas to buy and sell.

This tool, which gives custom results to Memphis and the surrounding area, pairs perfectly with the help of our Realtors. Our firm is recognized time and again for professionalism, performance, ethics, and a broad depth of experience. We are continually making improvements and investments in our strategies to best help our clients buy and sell real estate in the Mid South. Market Snapshot is just another way we are providing what our clients want and need, making them feel more confident in their real estate transactions.

Register for Market Snapshot today to receive an updated dashboard of your home’s area, or to learn more about the area where you are house hunting. For more information about home buying and selling, please contact one of our Realtors today.

Posted by David Tester at 4:51 PM
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DISCLAIMER: The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
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