What does a chicken wing have to do with the PHX Housing Market?

A Chicken Walks into the Phoenix Housing Market...

And is instantly turned into a hot wing. We've been trying to tell you for weeks now how insanely hot the Phoenix housing market is. Some of you have listened, but others are still skeptical. Do you think I would put myself through this much torture to prove to you how hot it was if I wasn't telling the truth?! According to these 4 sub-markets in the East Valley, I ate a corresponding hot-wing to show you the level of buyer activity:

1. $1M - $2M: ASIAN ZING
2. $750k - $1M: HOT
3. $300k - $500k: MANGO HABANERO
4. Under $300K: BLAZIN'

 Wanna see how I did? PS... I wasn't allowed to drink any water. Watch the video and tell me if you've ever had the BLAZIN' hot sauce from Buffalo Wild Wings!

Curious how your home would do as an Air B&B? Don't forget to check out your home's current value & see all of your options as a homeowner. 

See you next Monday for another Merrill's Market Madness! 

By the way... do you like books/podcasts? My amazing wife does, and shares what she learns each time she reads/listens to one on her show "Getting Your Crap Together with Kristi". You won't want to miss it! 

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Buyers
Are you thinking about buying? The video resources below cover many of the common questions that most people have during the home buying journey.
First Time Buyers
Are you a first-time homebuyer? Did you know that if you haven’t owned a property in the last three years that you are considered a first-time homebuyer?
First-Time Home Buyer Advice
You can’t know everything there is to know about buying a home, especially when you’re a first-time homebuyer.
How much down payment do I need for a house?
Many first-time homebuyers believe they have to put 20 percent down on a home. But that’s far from true.
Why do people say you need 20% down?
Average down payments are well under 20 percent. So why do so many people say 20 percent down is the minimum.
How to choose a mortgage lender as a first time home buyer
One of the biggest mistakes first-time homebuyers make is not shopping around for a mortgage.
What credit score do you need to buy a house for the first time?
Most loan programs require a credit score of 620 or higher to buy a house for the first time. That includes conventional loans, most VA loans, and USDA loans (which require 640+).
What qualifies you as a first-time buyer?
If you’re buying your first-ever home, you’re a “first-time homebuyer” by default.
Do I need a home inspection?
Some loan types, like the FHA and VA mortgage programs, require a home inspection to make sure the home meets requirements for safety and affordability.
What are points? How do I know if I should buy them or not?
A point is simply 1 percent of the loan amount. If you choose to “buy your rate down,” or pay “discount points,” you will get a lower interest rate.
What is Private Mortgage Insurance (PMI)?
Private Mortgage Insurance (PMI) is an insurance policy that makes homeownership possible for homebuyers who don’t want to make a 20 percent down payment.
Making An Offer
Before the offer to purchase is created, you must be at least pre-qualified or, better yet, pre-approved by a lender, unless you are paying cash.
Escrow, Now What?
Once your offer is accepted by the seller it starts the escrow period. You will be asked for a down payment, typically 1% of the purchase price.
Mortgage Calculator
The easiest way to determine your estimated monthly mortgage payment is by talking to a lender. However, the calculator below can also help point you in the right direction.
Mortgage Pre-Approval
Thinking about buying a new home? If you're not paying cash, then you’’ probably need a mortgage.
Personalized Home Search
Complete the form below and we'll create you a custom property search. Anytime when we find properties that match your specific criteria we’ll send you an email.
What Are Closing Costs?
You've found your dream home, the seller has accepted your offer, your loan has been approved and you're eager to move into your new home.
Thinking About Selling? Watch This.
Are you thinking about selling? If so, the video resources below cover many of the common questions that most people have during the home selling journey.
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Would you like to know your home's estimated value? Our free market analysis service provides you with your property's current market value and suggested selling price!
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When you hire us to list your property we provide you a Comparative Market Analysis (CMA) which is a compilation of recent sales from your area.
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After your offer gets accepted, you’ll have an inspection period. This is your opportunity to have a licensed inspector canvas the home looking for common issues prior to moving forward with the home purchase.
The Appraisal Process
Once you are under contract, your lender will send out an appraiser to verify the purchase price is in line with the property’s value. Here are the two most important things to know about the appraisal process.
Homeowners Insurance
A homeowners insurance policy will protect you against certain losses and damage to your new home and is generally required by lenders prior to closing.
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Here are five things tips that can increase your chances of getting your dream house in a competitive housing market.
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Digital Photography
When selling your home, it’s important to upload high-quality images that really show it off to potential buyers.
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When you’re selling your home, it’s exciting to get an offer! But unless your potential buyer has the resources to qualify for a mortgage, you might not really have a sale.
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If you’re thinking about selling your home and moving to a new location but you aren’t entirely sure about the idea, here are some helpful questions to ask when making up your mind.
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If you’re thinking about listing your home on the market, here are some tips to make the sale process faster and easier long term.
Home Showing Checklist
If you’re selling your home and are getting ready for a home showing, here are some tips that will increase your chances of success.
How To Add Curb Appeal
Want to add some curb appeal to your home before listing it on the market? Here are some tips that will help!
How To Attract More Buyers
Attracting buyers to your home on the market is an important task in order to have it sell quickly. Here are some tips on how to convince buyers to make an offer on your home!
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After accepting a contract for the sale of your home, the buyer’s lender will send an appraiser to make sure the purchase price is in line with the property’s value.
How Commission Works.
When sellers look at how much their agents are making on the sale of their home, they often feel like services are overpriced and that they can do the same thing themselves.
You Have A Buyer, Now What?
After you receive an offer on your home, the negotiation and contract process will begin. There are many things to consider in order to keep the deal together!
Finding Buyers On Zillow!
Did you know that Zillow allows anyone to see the total amount of views and saves for any property that is currently on the market?
First Impressions Are Everything!
Congratulations on listing your property! Our team stays up to date with every property on the market, so we know a thing or two about making your home showroom ready.
What Are Property Disclosures?
No matter how great a home may look at first, problems may be hiding under that fresh coat of paint. As a buyer, you should scrutinize the property disclosure!
Is the Buyer Pre-Approved, or Not?
When selling a home, it’s important to understand the different types of loan approvals that you will come across.
A Different Marketing Approach!
When you’re selling a home, it’s important to make sure as many buyers see it as possible.
Is Your Property Worth More?
If you’ve decided to list your home yourself, are you sure the price is accurate and not underpriced?
What is an iBuyer Program?
A common misconception is that the selling process is complex. Unconventional online iBuying programs have grown in popularity as people seek more convenient transactions, like Redfin, Open-door, and Offerpad.
Frustrated With The Selling Process?
Are you frustrated because your property didn’t sell immediately? With the way the real estate market looks right now and the value of your property, it should have sold in an instant!
Did Your Listing Recently Expire?
Did you know that your property in the Multiple Listing Service or MLS has expired? This information is sent out to all of the real estate websites across the nation, and if your listing has expired, then your property really isn’t on the market anymore.
Common Mistakes Most Agents Make!
It’s frustrating when you’ve previously listed your home for sale, and it has stalled on the market for months. Sooner or later, the listing will expire. Don’t let it get you down!
How to Instantly Attract More Buyers!
Have you put much thought into putting your property up for sale again? Your property hasn’t been on MLS for some time, and you might be hesitant to re-list a property over again.
How Is Your Marketing Different?
What’s the secret to effectively marketing your property and attracting more buyers to generate multiple offers? It’s all about working with professionals that understand how to adjust the marketing plan based on your property’s unique features.
Think Before you Re-list Your Property!
What was that missing ingredient from the last time you listed your property? You wanted to see it sold FAST, but obviously, there was another piece to the puzzle.
What’s Your Motivation?
Everybody has a reason for listing their property. Do you remember what yours was? This reason fuels your motivation and drive to keep at it, even if your property doesn’t sell the first time.
Sometimes All You Need Is A Fresh Start!
Sometimes all you need is a fresh start! We have found that 90% of the time, relisting with a new agent is all that is needed to get the property sold. Oftentimes with little or no changes made to pricing, marketing, or property presentation.
You Deserve More Attention
We believe that communication is the number one key to a successful real estate transaction!
Welcome
Thank you so much for registering on our home search website! Here are some basic tips about navigating the website and how the home search experience works.
Schedule Call
Do you have questions about the home buying or selling journey?
Careers
Have you ever thought about a career in real estate? Maybe you are already licensed and looking for your next opportunity.
FSBO
Do you currently have your home listed for-sale-by-owner? Or maybe you are thinking about listing your home privately.
Expired
Did you list your home with a real estate agent and it didn’t result in a successful sale? The good news is that it doesn’t have to be the outcome.
Price Reductions
The best way to get a great deal on a new property is by buying at the best price possible! Below is a list of properties where the sellers have decided to drop their asking price. This usually means that the homeowner is motivated to sell the property and move on.
Just Listed
The best properties usually don’t stay on the market very long. Below is a list of properties that just became available for sale. This is where many active buyers find their dream home!
Market Watch
The real estate market is constantly changing. If you are thinking about selling your home then now is a really good time. Property values have increased over the past few years and pent-up demand is pushing the price even higher!
How to run an Open House that ACTUALLY WORKS! - Resilient Realtor #4
Have you ever sat at an open house for 4 hours, but didn't get any actual leads from it? That's the worst! Don't let your open houses be a waste of your time! Learn how to get people into your open house and convert the guests into leads. This video is for all the agents out there who are struggling with how to make their open houses work. I'm going to show you what does and doesn't work so that your next one will be a success!
"Merrill and Kristi Jencks Make Home Selling Easy" - Sell a Home Without Worry Seller Review
Merrill and Kristi are a husband-wife team of agents who work together to help you buy or sell your home. They make it easy, stress-free, and will get the job done right! Susan describes her experience selling two homes and buying two homes with the Jencks.
What is the best Phoenix suburb to invest in real estate? Phoenix Housing Market Update 8/13/2021
In this week's Phoenix Housing edition of Merrill's Market Madness, we take a look at what is going on with the real estate market, talk about the trends, the direction we think it is going to go in moving forward, and discuss investments and what areas we think are the best ones to invest in currently.
Seville Market Update
Taking a look at the housing market specifically as it relates to the neighborhood of Seville in Gilbert, Arizona.
Why I continue to purchase homes in the Phoenix Metro Area Realtor Review
Ram discusses how he came to use Merrill as his agent and why he continues to use him to build his investment portfolio.
What it takes to be a successful Real Estate Agent
It's relatively easy to become a licensed realtor. What's difficult is becoming a SUCCESSFUL realtor! At Big Helper Realty Group we have high-level standards that we abide by to make sure all of our agents are successful, and all of our clients are happy!
July 2021 Seville Real Estate Housing Market Update - Merrill's Market Madness #45
The Gilbert market is hot! Homes are selling 4% above the asking price in the Seville neighborhood. That's unheard of! And if that wasn't enough, we have a ton of buyers out there looking for new homes. This is a great time to sell real estate in Gilbert because it's likely that prices will continue to increase! If you're thinking about buying or selling in the Gilbert area, drop us a message we will give you the scoop on what you could get for your Gilbert home. Do you have a question for Merrill? Ask yo
Unf*ck Yourself A Book Review
If you are stuck this is the book for you! Gary John Bishop does a great job cutting through the lies we tell ourselves. In his book he goes over some simple strategies to help you realize your potential and get into action. Also, the audible version is amazing. I have both the book and the audible.
Gain An Edge and Win Against All of The Other Sellers By Having Excellent Marketing
You may be thinking the real estate market is crazy I can throw this home on the MLS and it will sell itself. It might and you will be definitely leaving money on the table. We have helped hundreds of people sell their homes in Gilbert and surrounding areas near Phoenix Arizona. If you're looking for a way to gain an edge and win against all the other sellers by having excellent marketing, we can help! If you're trying to sell your home, you need to start with marketing. Quite simply, if no one knows ab
Talk to Anyone: Unlocking Personality Profiles with the DISC Assessment
Are you a timid person and need help talking to louder, more direct people? Or maybe it's the other way around and you need some guidance working with people who care more about the details than getting something done quickly? No matter which situation you're in, there IS a way to communicate and be understood by someone who doesn't share the same personality traits.
Learn How to Use Google My Business
Have you ever heard of this little thing called GOOGLE? Well, it's a lot more important for your business than you might realize. From your Google My Business page to Google Local Service Ads, this search engine platform will either make or break your validity as an agent online.
Strategically Pricing Your Home To Increase Its Value - 2021 Strategies That Work
If you are thinking of selling your home, this video is for you. In it, I will show you some proven strategies that work to strategically price your home so it sells fast and for the most money possible! Should I be really aggressive with pricing my home? I mean it is a seller's market. Or should I list at market value or below to create a bidding war? In this video, Merrill breaks down the strategies our sellers are using to get the most out of their homes
When Selling a home what are the worst mistakes sellers make?
What are the worst mistakes sellers make when selling their home. Here are just a couple of things that could make it hard to sell your home. We have strategies for each of them so please let us know how we can help. 1. Not turning on the AC 2. Not Cleaning up 3. Not having professional Marketing 4. Having a Tenant in the home
Seville Market Update - September 7th 2021
What's going on in the Seville, Gilbert housing market?! Merrill Jencks takes his weekly deep-dive into the numbers. Take a look at what inventory and average sales prices are looking like at this point in time.
Are Solar Panels good for selling your home? - Overrated or Underrated
Solar panels are a hot topic when it comes time to sell your home. Kristi and Merrill share their expert opinions on seller strategies and home improvements. In this edition of overrated and underrated Kristi and Merrill discuss the use of drone photography when selling your home. They also discuss the solar panels and selling your home with them.
5 Crucial Questions Every Seller has - Agent Insights
There are basically 5 questions every seller has. Answer those and you will get the listing. Here is the thing they don't even know they have the question.... Here is what they want to know. Make sure that you answer these questions in your listing appointment. 1. How will you save me time? 2. How will you save me money? 3. How will you remove the mental headache? 4. Do you have the skills to handle a transaction like mine? 5. Can you make it fun or enjoyable? Use your presentation to show that you can d
Failing to Plan is Planning to Fail - Business Planning Class for Realtors
New to real estate? Maybe you're not that fresh, but are a little lost (or a lot lost) and need a strict set of guidelines to follow. Don't let your business suffer. Join us for this awesome class and learn all you need to know to get your new real estate career up and running & set up for massive success.
Ideas for 5 Areas of Content Every Real Estate Agent Should Be Creating
Real estate agents are in the business of helping people buy and sell their homes. But how do you know what content to share with your clients? Watch this video for five areas of content every agent should be creating! 1) The Real You- Show people you and what it is like to do business with you. Hobbies, A day in the life of. Show them you and attract your tribe. 2) Knowledge Broker- Explain what is really going on in the market for buyers and sellers. 3) Hyper-Local- Show them what it is like to live in
Are we seeing an increase in inventory? - Merrill's Market Madness #68
This week's edition of Merrill's market madness examines the sales numbers for September 2021, plus takes a look at the trends of the market, and whether or not to expect values to fall? Do you have a question for Merrill? Ask your questions in the comment section, we'll be happy to answer and possibly make a video regarding your question in the future! Facebook: https://www.facebook.com/BigHelperGro... Instagram: https://www.instagram.com/bighelper_e... Website: https://www.bighelperhomesearch.com/
Real Estate Investor Review
Ibrahim explains why after working with other real estate agents he chose to work with Merrill Jencks and the BIG Helper. He worked with Merrill to purchase three investment homes and continues to work with him to monitor the value of those properties.
From a bad Realtor to a great realtor testimonial
Albert explains how he never knew that he had a great agent until he had a bad one! He worked with Merrill and then purchased a home with another agent. He ended up coming back to Merrill when he realized not all agents are the same and who you work with matters.
"Our Realtors For Life" Selling and Buying in San Tan Valley Real Estate Review
Kath & John explain how they decided to work with Kristi & Merrill Jencks to sell their San Tan Valley Home to buyer their dream home in San Tan Valley. They go over what the process was like and why they say Kristi & Merrill are their realtors for life!
Who are the Big Helpers? - Agent Valerie Vasquez
Valerie Vasquez knows her stuff ?? She is one of our senior agents and has been in real estate for a long time! She's seen the market change and has also seen the industry itself change, so she has a lot of experience and knowledge in her back pocket! Not only that, but Valerie is incredibly kind, responsive, and thoughtful. Fun fact, she makes the world's best guacamole! ???? We've been blessed to have Valerie on our team all these years and can't wait to see what else she accomplishes in the years to co
Who are the Big Helpers? - Agent Chris Ulrich
Chris Ulrich is a superstar ?? Seriously, he came out the gate swinging and hasn't stopped. He's gone to bat for several clients, has amazing negotiation skills, and will always do the right thing by whoever he is working with. He recently moved to AZ, so knows how a lot of new-comers feels as they are moving to our sunny state ?? We're so excited to see all that Chris will do and are proud of all that he's done so far! ??
Who are the Big Helpers? - Agent Phil Shambre
Phil Shambre has some serious skills to bring to the table. ?? Not only is he coming out of renovating his own new home with first-hand experience in that process, but he's also recently graduated from ASU ????? with a degree in Real Estate. ?? Not many other agents out there have this in their back pocket, and any buyer or seller working with Phil already has an advantage because of it! He's an AZ native and can share his personal experience about all things AZ-related. ?? We're so happy to have Phil on
Who are the Big Helpers? - Agent Terry Cottle
Terry Cottle is one of a kind ?? Not only is he one of the most giving people ever, but he's also an incredibly skilled real estate agent. He's one of our senior agents and is a role model for a lot of agents joining our team. You'll never find someone more knowledgeable in the most random information (ask him how to grow and harvest alfalfa, he will tell you ??) or someone who will willingly help you move in the middle of August. We're so blessed to have Terry Cottle on our team as a lead agent and role
Who are the Big Helpers? - Agent Yulianna Kendzer
Yulianna Kendzer is a force of nature! ?? She is the epitome of a hard worker. She is constantly working towards improving her skills and is a fantastic example to our other agents on the team. Fun fact, she is a past client of Merrill's! A few years after she bought her home, she got her real estate license and joined our group! We're so happy she did because she's also an amazing cook! ?? We're so proud of Yulianna and everything she has done in her past few years of helping people buy and sell in Arizon
Update regarding housing market for the Phoenix Metro Area
In this weeks episode of Merrill's Market Madness, we take a look at the current trend of the market, discuss whether or not we are expecting a reversal, and discuss affordability.
What is happening to the Seville housing market?? - Seville Market Update September 2021
What I learned about motivation by reading Limitless by Jim Kwik Limitless 3 min Book Review
What I learned about motivation by reading Limitless by Jim Kwik Limitless 3 min Book Review Jim does such a fantastic job jumping into your mindset, motivation and then providing tactical tools to improve your life, health, and business. Why should you read this book? Well, do you want to have a mind without limits? There is a formula and a pattern to do this. He will teach you how to do it. My favorite quote is "Motivation is not something you have it is something you do." Motivation = Purpose x Energ

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