Tag: Honest Realtor

  • Private Today. And Could Stay That Way.

    Private Today. And Could Stay That Way.

    There’s lots of activity around Bois d’Arc Lake. If you’re into privacy, that’s one of the things you worry about when selecting a homesite.

    Because while you can see how something looks today, you often can’t be sure what’s coming down the line.

    This 1.88 acre tract sits immediately west of the new Hidden Oaks development near the east side of the lake. Asking $199K.

    Hidden Oaks is planned for 43 lots total. That’s not nothing, but comparatively it’s still smaller scale.

    So you know what’s going in beside you. You’ll have newer homes and quality infrastructure.

    But this property is not part of Hidden Oaks itself, which means no HOA fees and no extensive restrictions. And no architectural committee telling you what you can build.

    You do what you want, when you want to do it.

    Want to go camp on it? Knock yourself out.

    Tiny house? Just comply with Fannin County rules and you’re good to go.

    The property has a little over 500 feet of frontage along County Road 2980, which helps give it a more open feel than many smaller lake-area tracts.

    Water service is available through Bois d’Arc MUD, with the 8-inch water line already in place along the frontage. All you have to do is buy the meter. Current cost is $5,600 as of today.

    What’s also good is what sits west of the property.

    There are only limited areas left that are realistically buildable before you start running into the lake overflow and flood-influenced areas closer to Bois d’Arc Lake itself.

    So while the area around you continues improving and developing, this particular stretch should still remain relatively quiet and private compared to many other lake-area corridors over time.

    Public boat ramps and recreation facilities at Bois d’Arc Lake are also just a short drive away.

    If you want to be near the lake, near newer development, but not boxed into somebody else’s rulebook, this is worth a look.

    Or if you’re working with an agent, have them reach out. MLS #21283218

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  • You Mean I Get All This For Free?

    You Mean I Get All This For Free?

    Most people are skeptical of anything advertised as “free.”

    And we all know why. Usually “free” means one of three things:

    Either the information is so shallow it’s basically useless…

    Or it’s really just bait to get you on the phone…

    Or it’s the beginning of a process designed to slowly wear you down until saying yes feels easier than saying no.

    That’s why a lot of landowners hesitate to even ask questions about value. Because they assume there’s going to be a catch.

    With a lot of people, there is.

    A lot of “free property evaluations” are little more than a quick guess, a couple nearby sales pulled from MLS, and a setup for a listing presentation.

    If I’m going to put my name on something, I want it to actually be useful.

    Even if the person requesting it never lists property with me.

    So when somebody requests one, I generally try to approach it the same way I would if I were preparing to seriously advise somebody on bringing the property to market.

    That usually means looking at comparable sales, competing inventory, utility availability, development patterns, access, floodplain, topography, buyer profile, and all the little things that quietly affect value but rarely get discussed.

    And those things can be different for every property.

    Sometimes the conclusion is positive, sometimes not. But either way, I try to explain why.

    Here’s some reaction from people who have had a Reality Check done:

    I’m not claiming the reports are perfect.

    And they’re not appraisals.

    Even if you’re not planning to sell today, it’s still valuable to understand what you own, what affects value, and how the market is likely to respond if circumstances ever change.

    Because circumstances do change.

    Sometimes slowly.
    Sometimes all at once.



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  • Anyone Can Promise “No Pressure”

    Anyone Can Promise “No Pressure”

    Every real estate agent says there’s “no pressure.”

    Every car salesman says it too.

    Which is probably why most people don’t believe it.

    The reality is a lot of people avoid even asking questions about property values because they know what often comes next.

    The follow-up calls.
    The texts.
    The emails.
    The “just checking in.”
    The slow transition from “free information” into feeling like you accidentally entered a sales funnel you can’t get out of.

    So people avoid the process altogether.

    Even when they know that having a handle on what they own and what it’s worth is in their interests.

    Honestly, I understand that completely.

    My industry has absolutely earned that skepticism.

    That’s part of why I structured the MBR Land Reality Check differently.

    Not because I’m morally superior to everybody else.
    And not because I somehow don’t want listings.

    But I also understand something important:

    They just know information is good to have.

    Sometimes they inherited property.
    Sometimes they’re thinking ahead.
    Sometimes they’re dealing with probate, partnerships, taxes, changing plans, or just plain curiosity about what something might realistically bring today.

    A lot of them simply want a clearer picture without feeling like they’re about to get dragged into a process they didn’t ask for.

    And apparently that difference stands out more than I realized.

    Recently I started asking people what surprised them most after receiving a Land Reality Check.

    Here are a few of the responses regarding how much pressure they felt:

    Honestly, that may say more than anything I could write myself.

    You don’t have to sell. You don’t have to decide anything.

    But it’s just smart business to allow yourself to get a qualified opinion.

    Because things change. Sometimes slowly, sometimes fast.



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  • You Can’t Sell Something That Is Free

    You Can’t Sell Something That Is Free

    Continuing with the pattern of God giving first, it just keeps showing up.

    God gives, and we keep screwing it up.

    A man named Naaman comes to Elisha because he has leprosy. Naaman is important, wealthy, and powerful, but none of that can fix what’s wrong with him.

    Aside from that, he’s the commander of an enemy army. An enemy of Israel.

    That doesn’t prevent God from healing him. He doesn’t even require him to switch sides first.

    That part is probably worth remembering whenever we start thinking we need to clean ourselves up before going to God. If He’s willing to heal Naaman, He’s willing to heal us.

    Anyway.

    Elisha tells him what to do, Naaman is healed, and naturally he tries to give Elisha gifts afterward.

    Elisha refuses them because the healing wasn’t for sale. It was a gift from God, given long before Naaman could think about earning it.

    Then enters Gehazi.

    Gehazi is Elisha’s servant, and apparently the whole thing bothers him. Naaman leaves healed, wealthy, and still in possession of all his money and gifts.

    Gehazi can’t leave it alone.

    So he runs after him and lies. Says Elisha changed his mind and now wants payment after all.

    It almost feels modern. God gives freely, and somebody immediately starts trying to figure out how to monetize it.

    You can see it on TV every Sunday.

    “Plant your seed!” “Give first and God will multiply it back!” “Send your offering here!”

    Curiously, the address is usually their own.

    But it’s not just televangelists. It’s all of us.

    We do it ourselves with churches. With ministry. With generosity. With reputation. With morality itself. We constantly try to turn grace into transaction.

    We want a formula. A leverage point. A way to put God in debt to us.

    He gives first, and keeps giving despite how persistently we misuse what we’re given.

    As for Gehazi, he ends up struck with Naaman’s leprosy and is told it will cling to him and his descendants forever. There’s not much mention of him after that, so we don’t really know how his story ended.

    But considering everything else we’ve looked at, it wouldn’t surprise me if even that wasn’t the end of it.

    Which is fortunate for all of us.

  • Maybe You Don’t Want Their House.

    Maybe You Don’t Want Their House.

    If you’ve been looking in Bridges at Preston Crossing, you already know what’s happening.

    There are new lots coming.

    But most of those are tied up with production builders.

    That works for some buyers.

    Other buyers want more control than that.

    They want to choose the builder.
    Control the design.
    Build on their own timeline.
    Not pick from three floorplans and a design center menu.

    That narrows the field pretty quickly now.

    At that number, it’s probably the best value currently available in the subdivision if your goal is still to build custom.

    Both neighboring lots are already built, so you’re not sitting there wondering what eventually gets dropped beside you.

    That matters more than people think.

    Especially in subdivisions transitioning away from purely custom product.

    This is one of the few remaining spots where you still control the process.

    You either care about that or you don’t.

    If you do, this one deserves another look.

    Photos, aerials, and property details are below.

    MLS #20995494

    If you’d like to walk the lot or discuss the neighborhood, text me at 214.354.3583. Or have your agent reach out.

  • Maybe It’s Time For Another Look

    Maybe It’s Time For Another Look

    H2 Deerwood is back on the market.

    And the math has changed.

    This is the one-acre lot in Waterstone Estates northeast of McKinney. Minimum 3,500 square foot build requirement. Higher-end neighborhood. Custom home product.

    If you’re a builder in Collin County, or an agent working with buyers looking for this type of area, you already understand the appeal.

    At that number, it’s currently the best-priced lot in the subdivision.

    That doesn’t suddenly make it “cheap.” That’s not the point.

    Most serious lot buyers are not reacting emotionally to land right now.

    They’re running numbers.

    Interest rates being what they are, the monthly cost of a custom home is materially higher than it was a few years ago. The less somebody spends on the lot, the lower the overall project cost and the less money they have to borrow.

    Also don’t ignore lot prep costs.

    A heavily treed lot may look beautiful finished, but it can also cost substantial money to clear and prep before construction even starts.

    This lot is flat, open, and straightforward.

    That matters more right now than it did when money was cheap.

    This is also one of those properties where the right buyer probably knows fairly quickly whether it fits or not.

    You either need a build site in this type of area, or you don’t.

    If you do, this one deserves another look.

    Photos, aerials, and property details are below.

    If you’d like to walk the lot, text me at 214.354.3583 and I’ll give you the gate code. Or have your agent reach out.

  • It Happens To Me Too

    It Happens To Me Too

    I write on here often that the reason many people don’t check into their land’s value isn’t because they don’t want to know or don’t think it’s smart business to know.

    It’s everything that tends to go with it.

    You just want to know what’s happening, and next thing you know you feel like you’re in a timeshare presentation. Where you feel like the thing isn’t going to end until you say yes, no matter how many times and ways you say no.

    It just happened to me.

    There are a couple commercial real estate platforms that sell subscriptions with various marketing and data tools. I’ve tried both over the years. For what I do, they usually aren’t worth carrying full-time.

    If I need exposure for a particular property, I can just pay to promote that listing specifically and be done with it.

    What they really want to sell is data.

    Buyer information.
    Seller information.
    Mailing lists.
    Contact databases.

    All of that could theoretically be useful to me.

    So they call me. And call. And call.

    I generally ignore the calls. But sometimes one slips through because I think it might actually be somebody calling about property. Like the other day.

    The guy complimented me on the number of listings I have, started talking about how much local buyer and seller information they had access to, and wanted to meet and show me the platform.

    I told him it was probably going to cost more than I was willing to spend.

    To his credit, he at least admitted pricing was somewhat dynamic instead of pretending there was one magic number for everyone. I eventually got a rough range out of him anyway.

    It was more than I wanted to spend. As expected. I told him I didn’t want to waste his time.

    Didn’t matter.

    He still wanted to meet. He suggested a day that was already blocked out on my calendar. When I told him that, he just pushed it back a week.

    Eventually I just said okay because I was tired of the conversation and figured at least I’d get a free cup of coffee out of it.

    Now I’m probably going to have to say no several more times later.

    And eventually I may have to be rude about it.

    I don’t really blame the guy. I understand why companies sell that way. It must work often enough to keep doing it.

    But it also reminds me why so many people avoid talking to agents, salespeople, and brokers in the first place.

    It’s not that people hate buying things. And it’s usually not even that they hate being sold.

    They hate the feeling that they are no longer fully in control of the conversation.

    There’s a difference between staying in touch and trying to corner somebody.

    If you ask me for a valuation, am I going to follow up lightly from time to time?

    Of course. It only makes sense to.

    But am I going to make you feel trapped in a process you can’t comfortably back out of?

    Never.

    You should always feel like you can say no.

    The minute somebody feels like they can’t comfortably say no anymore, the entire interaction changes.



    PPS – If you’re not ready for a Land Reality Check but enjoy reading about land, markets, negotiation, and how this business actually works, you can sign up below and get these posts in your inbox.

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  • It’s Not Free To Try

    It’s Not Free To Try

    One thing that makes land different from houses is that having it sit on the market a little while usually doesn’t damage it the same way.

    A house sitting unsold starts raising questions pretty quickly.

    Land is slower by nature.

    So after a Land Reality Check, sometimes the conversation becomes:

    “Okay, if you think this is worth around $8,500 an acre, why don’t we just throw it out there at $14,000 and see what happens?”

    And within reason, that’s not necessarily crazy.

    If somebody is willing to sell around market value, but wants to push a little first just to make sure we’re not leaving money on the table, fine. I understand that completely.

    You’ve probably noticed if you’ve read any of my Land Reality Checks that I tend to lean conservative anyway.

    I’d rather be slightly conservative than explain later why fairy tales didn’t happen.

    But there’s another side to this too.

    If you’re selling a small residential lot, it usually doesn’t take much more than a yard sign and an MLS listing. Which isn’t free, but usually doesn’t involve substantial upfront expense either.

    If somebody wants to throw one of those out there at an unrealistic number “just to see,” I might play along.

    Maybe.

    Larger signs.
    Drone photography.
    Aerials.
    Professional brochures.
    Landing pages.
    Targeted marketing.
    Industry websites.
    Paid Google ads sometimes.
    Mailers sometimes.

    It adds up faster than people think.

    A decent custom sign can easily run $500 to $1,000 depending on what’s needed. Drone photography might be another few hundred. Professionally printed brochures are expensive if you want them done correctly.

    And that’s before getting into the less visible costs, the platforms, memberships, advertising accounts, and all the little things that make the marketing possible in the first place.

    Depending on the tract, it’s not unusual for me to spend $1,500 to $2,000 or more getting a property positioned before anything even happens.

    That doesn’t mean every listing sells.

    Markets change.

    Sometimes sellers change their minds. Sometimes buyers disappear. Sometimes a property just sits there longer than expected.

    That’s business.

    But there still has to be some reasonable overlap between where a seller is realistically willing to sell and where the market is realistically willing to buy.

    Otherwise everybody is mostly participating in a very expensive form of wishful thinking.



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  • Don’t Get Your Feelings Hurt

    Don’t Get Your Feelings Hurt

    When people ask for a Land Reality Check, sometimes they’re disappointed in what I tell them.

    That’s just part of it.

    A lot of times they heard about some property up the road that sold for X, so naturally the question becomes, “Why are you telling me mine is worth Y?”

    The other property may have had water or sewer. Maybe the frontage was better. Maybe the topo worked better. Maybe more of it was usable. Sometimes one side of the road is simply more desirable than the other. There are a hundred little things that can move value around.

    But the bigger thing to understand is the approach I take when I do these.

    I generally don’t ask ahead of time what your motivation is.

    Whether you want to sell immediately, inherited the property, are under pressure, or wouldn’t sell at all unless somebody got aggressive, I generally don’t build the analysis around that.

    Instead, I make a basic assumption.

    If you were what I’d call a sensible seller, meaning you are not under pressure to sell but you would sell at a reasonable market price, what would the property likely bring?

    That’s the framework.

    And all the comparable sales are there in the report. The relevant ones anyway. I try to show what sold, what didn’t, and explain why I came to the conclusion I did.

    Not a desperate seller.

    Not somebody demanding fantasy pricing either.

    Just somebody willing to make a reasonable deal if the numbers make sense.

    On a million-dollar transaction, that usually means you’re not going to blow the whole thing up over six hundred dollars on a survey when everything else is lined up correctly.

    Most legitimate transactions happen somewhere in that world.

    Does that mean somebody more aggressive might test the market higher?

    Does a more motivated seller sometimes take less for speed or certainty?

    That’s not really the point.

    The point is giving you a baseline grounded in what buyers have actually been willing to pay, instead of just whatever number happens to sound good that day.

    Then you decide whether you want to sell, wait, push harder on price, or ignore the whole thing for another five years.



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  • God Still Gives First (And Last)

    God Still Gives First (And Last)

    The last couple of Sundays I’ve been writing about how God gives first.

    With Solomon, the wisdom and wealth came before the instructions on what to do with them. With Israel as a whole, God repeatedly delivered, restored, protected, and provided before they promptly drifted again.

    Once you see it, the same thing shows up lots of places you hadn’t considered.

    Like with Moses.

    Moses didn’t earn his position. God chose him, sent him, empowered him, and used him to bring Israel out of Egypt. The miracles, authority, provision, all of it was given first.

    Then came the responsibility.

    But God also promised to be with Moses in a way most of us can barely imagine. God met with him face to face, spoke to him directly, and answered his questions.

    Most of us think that if we had an advantage like that, obeying would be easy.

    By now you’re probably seeing the problem with that assumption.

    By the time you get to the incident with the rock, Moses is worn down. The people are complaining about water again, which by that point had become a recurring theme.

    God tells Moses to speak to the rock.

    Instead, he strikes it. Angrily, while telling the Israelites what ingrates they are.

    Water still comes out. The people get what they needed. If you judged strictly by outcome, it wouldn’t even look like much of a problem.

    But God had been clear.

    And Moses did something else.

    That was enough.

    He was told he would not enter the Promised Land. After everything else, after leading Israel for decades, that was the line.

    We struggle with that because it feels disproportionate. We immediately start grading the sin ourselves. It wasn’t murder. It wasn’t idolatry. He didn’t steal anything. He got frustrated, lashed out, and did something he wasn’t supposed to do.

    Sound familiar?

    But the Bible doesn’t treat sin the way we do. Moses knew what God had said, and he did something different. That was enough.

    And there wasn’t a way for Moses to fix it himself.

    No second attempt. No chance to go back and do it correctly the next time. He led Israel to the edge of the land, and stopped there.

    But don’t overlook something that happens later.

    At the transfiguration, Jesus Christ is seen speaking with Moses and Elijah.

    I used to glide right over that part. If you’re talking about the most important figures in the Bible, Moses is obviously one of them. Of course he’s there.

    But then it hits you.

    By God.

    The consequence still happened. Moses did not walk into the land with Israel. But it wasn’t the end of the story.

    Same pattern over and over. God gives. We fail. God restores.

    Which is fortunate, because if the arrangement depended on us fixing ourselves first, none of us are getting very far.

    It’s never too late.

    Until it is.